you will also receive a free 5 year warranty valued at over $500. call or go online now to request your free quote. ashley: good morning. i'm ashley webster in for stuart varney. it is 10:00 eastern. take a look at the markets,

first day of 2025 and we are in the green, the dow up 350 points, s&p up 0. 8%, nasdaq also up one hundred 68 points. market starting strong in the new year. continuing story, day 2 in the manhunt for more potential suspect in the isis linked terror attack in new orleans. a former army veteran used a truck to plow through a new year's crowd before being killed in a shoot out. 15 people have been confirmed dead and 37 more injured. new orleans chief of police says they are not looking for accomplices in this attack but persons of interest. the house homeland security committee and louisiana congressional delegation our meeting with the fbi for briefing in the attack and we will bring you the updates as soon as we get them through the rest of this hour and beyond. last night president biden

addressed the nation on the deadly terror attack. >> president biden: the isis flag was found in his vehicle, possible explosives were sound in the vehicle as well. more explosives were found nearby. the situation is very fluid and the investigation is in a preliminary stage. the fact is right now, excuse me, there you go. ashley: again, president biden took no questions, froze once the teleprompter paused. it does not project, as we said earlier, strength and reassurance, does it? >> i don't mean any disrespect for senior citizens but when you are finishing high school and check out, it has been like this for years throughout the biden administration and we've

not had the feeling of confidence in our leaders for about four years and that is why whether republicans or democrats so many voted for donald trump because at the end of the day they want somebody who will project strength. democrats who voted for trump may not agree with his policies but at the end of the day they want somebody who is strong, who projects strength and is going get to make anybody who wants to do us harm have second thoughts about that because right now that doesn't seem to be the case. ashley: it doesn't. i have respect for the office of president but this is supposed to be the leader of the free world and it is hard to watch. the terror suspect has been identified as sebastian j jabbar. we have no idea whether he was driving it or the actual owner

of the truck but how do we stop our own citizens from becoming radicalized by terror groups? >> reporter: sewing strength through our leadership but when it goes beyond that we have decimated our law enforcement locally through the defined the policeman movement, we don't have as many years on the ground and when it comes to multinational agencies, the fbi and cia we decimated those by focusing on dei and parents's school board meetings. if we can return the focus to those agencies doing what they need to do and return the focus of local law enforcement, to do their job there's a greater chance that we can catch these rogue actors because they are communicating with somebody, that information is out there. and find those people. we know the rank and file of the fbi, cia, they want to catch the bad guys but often times they are hamstrung in

doing it. ashley: mike johnson meeting with donald trump at mar-a-lago. they mapped map out their strategy ahead of tomorrow's speakership vote. >> an illustration we live in serious times and we have got to get congress started which begins tomorrow and have to get to work to certify the election of donald trump. we have the smallest margin in us history, tomorrow during that. we will get it done. we are shifting with unified government. we have the white house, the senate and the house, different situation than we dealt with the last 14 months. ashley: chip roy was on the

program and doesn't believe johnson has the votes. how do you think this plays out? >> a few days ago, the information from mar-a-lago, johnson is going to get it and that is part and parcel why donald trump issued that endorsement, i think at the end of the day trump's pressure, to financially primary these individuals who say no, that could be the game changer and people voted for republicans in charge of the house, senate and the presidency, if that gets the laid by a few weeks it will hurt them as soon as possible. that isn't what the nation voted for. ashley: this is a big test out of the chute for donald trump to rally the troops, get his ducks in a row.

>> it seems he has done that but you have thomas masseys of the world, i voted for the president but i don't want to speaker johnson to be speaker. who then? who is the alternative? i haven't had that name. >> to certify the donald trump election win, no one seems to know the answer. if we don't have a speaker, what happens next? >> president chuck grassley. if everything goes along that line, the it, i can't say it because i forgot because i haven't practiced law, chuck johnson generally becomes the president, chuck grassley becomes president. a fine guy, done a lot for the country. i don't think chuck grassley

wants to be president. ashley: but you he doesn't. great stuff as always. a quick programming note, at 4:00 eastern time on fox business, the terror investigation in new orleans. 4:00 on kudlow. let's get to these markets, strong starch to learn new year after selloff to the end of last year, some profittaking. great to have you here, we talked about downtrends in the market but a bit about momentum into the new year. do you think it is there? >> happy new year to you and yours also. my big issue, there was a laundry list of barriers in stiff downtrends, oil, oddities, transports,

economically sensitive managed care, ton of healthcare to have the market to stand fast and tall going into the new year, got to put lows and goes decent way to start that process. the market was lifted up in a big way to the end of the year by ten stocks being 55% of the nasdaq 100 and 8 stocks 36% of the s&p and those are mostly big mega, not sure they can continue to lead forever. if i can say we have a 3 to one advance to decline instead of 1 to 3, a few in the last month or so. ashley: as always you are watching of the 10 year yield like a hawk. it is down today which is a tailwind to equities.

>> big time, the cost of capital for consumer, the mortgages and loans, and 5. 4 to 4. 4, the 10 year yield went to 3-6 currently at 55. if it goes to 5%. it is a gargantuan head wind for markets and take markets down higher than five. it will tell me the fed missed the mark and put them in a position forced to raise rates, that will not be good news. ashley: before i leave you volatility. we have a new administration coming in and i -- uncertainty to the fed which could lead to volatility, right? >> look what happened in new

orleans, so many things could affect markets going forward but if interest rates stay low, and earnings in good shape, the market will do fine, it was valuations, if they are lower it is 200% invested but we are trading between 23, 25 times earnings with maladies around 17. ashley: we leave it right there, so much information to share, great to see you. come back in, lauren, you are looking at movers this morning, let's begin with uber. lauren: goldman sachs added them to their purchase list, promising growth, they basically own variety hailing a delivery market. if you go to the robo taxi idea they have a nice built-in base. and norwegian cruise lines.

let me show you lift, will refund congestion pricing fee when it begins any day now, one dollar and $0.50 for ridesharing companies and reportedly will be crediting that back to users. lift is up 3%. meta-platforms. they are increasing their price target to $7.50 a share from $6.60 a share, 28% upside to the last close. the reason is major advancements in ai in 2025 and what they call x are, extended reality which is are you ready for? virtual-reality augmented reality and mixed reality put together. ashley: that is a reality check. thank you very much. manhunt, you never know anymore. now this was the manhunt

continues for more suspects associated with the terror attack in new orleans. john kennedy promising to get the truth for the american people. >> i promise you this, you will find out what happened and who was responsible, or i will raise fresh hell. ashley: i do not doubt that. we will give you the latest on the investigation and in las vegas police are investigating whether the cybertruck explosion has any connection to the new orleans attack, morgan ortagus will react to all that next. than tylenol rapid release gels. ♪ also from advil, advil targeted relief, the only topical with 4 powerful pain fighting ingredients that start working on contact and lasts up to 8 hours. power outages can be unpredictable, inconvenient,

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ashley: this justin this afternoon. president biden will convene members of his homeland security team in the situation room and receive an update on the investigation into the terror attack in new orleans. garrett tenney is in new orleans this morning. let's talk about the suspect. more details coming to light. what can you tell us? >> reporter: last night, police and the fbi's task force conducted a search of the suspect's home north of the city of houston in texas. this past hour, they cleared off the gordon allowing cameras to get closer to that home after completing the search of they did overnight. we learned investigators searched and airbnb in new orleans that the attorney general's it was used by individuals involved to make some of the explosive devices that were found in this attack. police recovered one ied in the

truck that shamsud-din jabbar used and a several other ieds in different parts of the french quarter. we are getting conflicting information on if other individuals were involved in this attack, the attorney general says they have high confidence shamsud-din jabbar did not excellent but the police chief said she's not as certain of that. hopefully we will get more clarification in the next hour. we are learning more about shamsud-din jabbar. he is a us citizen born in texas, served 13 years in the u.s. army including a year-long deployment to afghanistan. he doesn't have much of a criminal record or history of violence and as far as any changes in his behavior recently that could suggest radicalization, a man who's married to shamsud-din jabbar's ex-wife told the new york times he had been acting erratically in recent months, so much so the couple stopped allowing the two daughters they share with

him, to block them from spending time with him. we expect to get another update from the fbi, hopefully more clarification on if there are other folks they believe were involved in this attack and where the investigation stands right now. ashley: thank you very much. the suspect in the terror attack had apparently and isis flag on his truck. the fbi says they are looking for additional people of interest. listen to what president biden said about it. >> president biden: it is reported to be that mere hours after the attack, he posted videos on social media indicating he was inspired by isis, had a desire to kill, desire to kill bar up law enforcement intelligence community are looking for any connections, associations or

co-conspirators. we have nothing additional to report at this time. the investigation is continuing to be active and no one should jump to conclusions. ashley: morgan ortagus, former state department spokesperson joins us, great to have you here. what is the current threat level from isis and other terror groups at home and around the world as donald trump prepares to take office. >> reporter: i have been working in counterterrorism for two decades, in the intelligence community for a long time and i lived in the least when we got usama bin laden, i was in saudi arabia working counterterror issues. this is a subject i unfortunately know quite well and i can tell you on this network, on your show i had been warning for several years now about the rise of isis around the world. it all goes back to august 2021 in that fateful, disastrous withdrawal from afghanistan. we were told by the biden

administration that they would have the capability to detect terror plots, to detect if isis was able to reconstitute, to have over the horizon strikes. that hasn't turned out to be true. what we know if you go around the world, we know that isis has a foothold in every province in afghanistan. it was within the past six months on your show i was talking about how isis had the ability to disrupt taylor swift concerts in europe. we had to shut down one of her concerts because of the isis attacks. i had been studying this since the second obama term when we saw the rise of isis, sophisticated ability to recruit people online. there videos are sophisticated. they understand propaganda, how to use social media and what is crucial is this administration has had, i believe our intelligence communities,

homeland security, fbi had them distracted over the past few years, they've been distracted from things like climate change. they have been distracted because of the number of threats toward donald trump. you had dhs people trying to protect donald trump, you saw secret service diplomatic security, they've been stretched to their limit. one of the reason they have been stretched to their limit ishis administration's bad iran policy. you may ask how this goes together. iran has been trying to kill donald trump and former trump cabinet officials on american soil. you've got the fbi, secret service, diplomatic security stretched already trying to protect people they normally wouldn't have to protect from getting assassinated plus you have people committed to domestic terrorism while you have these agencies focused on climate change, where these agencies are stretched thin. they've got to get back to

their original mission of protecting the homeland and don't forget these agencies are focused on the southern border now that we have these loan terrorists coming over the southern border, now that we have according to dhs rapists and murderers coming through, bad poli creates all these problems which makes fbi, makes all of these homeland security agencies vulnerable and stretched thin so this doesn't happen out of thin air. it happens from bad border policy, bad iran policy and all focused priorities from the biden administration in my opinion. ashley: you covered a lot of ground in that and shared a lot of your expertise which we appreciate. you have been telling us about this for some time and unfortunately what happened in new orleans showed it came home to roost. thanks for joining us. coming up, congress wants the

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ashley: let's take a look at these markets, the dow app 12:45%. it up another 12:45%. looking at the movers, let's begin with nvidia. lauren: it was up one hundred 80%, 240% the year before, looking at her 2% gain, one hundred 734 nvidia indicating a possible 28% that analysts come out and increase price targets for the winner. brace yourself for this story. the stock was a big loser last year down 40%.

it is up 14%. roaring get kitty, the man behind it, dave chapelle impersonating an r&b singer, unity is the name of a track on that album and maybe that is why the stock is up double digits. i don't know. finally, robin hood had a december to remember, the crypto volumes were $28 billion last month, that is when bitcoin hit 1008k but that 28 billion was a 30% increase from a year ago. ashley: good stuff. thank you very much. congress is demanding answers after the deadly terror attack in new orleans. aishah hasnie is on capitol hill, what do they want to know? >> the questions we have that they want to know what the fbi

knew and what they missed. this is happening over a telephone call with of the fbi and members of the house homeland security committee and senate homeland security committee and louisiana delegation and they are getting briefed by assistant director of the fbi's counterterrorism division, david scott is members are telling me they have a lot of questions starting from on the ground, massive security concerns about those bollards that were not functioning. are there other people involved? is there a risk for more attack? did the fbi note anything about this guy? are they tracking get him? did they simply miss him? >> the last four years the

biden administration has been derelict in its duty, the congressional republicans, in the house and senate we have asked dhs under the biden administration about the correlation with terrorism and wide-open border coming here in droves and setting up potentially terrorist cells ringing the alarm. >> reporter: members want answers in person over a phone call, this briefing, the senator, josh ali, wants alejandro mayorkas and the fbi director christopher wray to testify as quickly as possible in an effort to figure out what went wrong, what did they miss? ashley: appreciate that. your reaction first. we saw that unfolded.

>> extremism can take group any time. anytime. christopher wray saying early this year since october 7th risk for terrorism is at a high and this is a tragic reminder. we need to think about the alleged terrorist in question from texas. this can happen anywhere and it shows how important security at home is an security abroad. a resurgence of isis is not out of the question especially as things are shaking up in the middle east. this points to the importance of maintaining a presence in syria and supporting the kurds in syria who have been faithful allies fighting isis alongside the us. ashley: a lot of criticism coming in from the biden administration for leaving the border wide-open, not focusing enough on those issues and going off on a tangent, do you think that is fair criticism?

>> it's too early to say of the border is related to this instance in particular but it creates a national security risk. the fbi has been saying raising the risk for terrorism, we've had terrorism list hits coming from the southern border so security is an issue when it comes to the border not just national security terrorism but crime as well, we are seeing rapes and attacks against migrants themselves and shelters. definitely security risk. ashley: let's shift topics, donald trump creditsarally, trump working at the mcdonald's during the campaign trl. trump said, quote, justin will continue to serve my external operation as executive producer for major events and public appearances. do you know what role the

presidential executive producer has? what to do they do? more of the same. >> i'm curious to see what will go on. his role, foundational to getting the trump administration to be the working class champions for working-class voters and instances like the mcdonald's photo upward crucial in cementing the maga movement is for working people and pulling the identity away from the left, the left is the party of elites, the credentialed and working americans, normal americans don't associate with that anymore. photo outs like mcdonald's where, a way to say kamala harris may be worked at mcdonald's but you were part of an elite structure that doesn't work with working-class americans and i'm curious to see what sort of messaging will come out of this and how the republican party is undergoing

this trance formation, what is it going to look like for a formerly free-market party to become a working party and i am curious to see what the messaging will look like too. ashley: hanging out the drive-through window, makes me laugh every time. big house speaker vote coming up tomorrow. can donald trump rally the troops, get the pressure on to get this accomplished? >> it is crucial that he does be that they need a united front especially with a slim majority going into the new administration. for the interest if they want to be passing legislation this is crucial. ashley: we will follow that tomorrow. great stuff as always, thanks for joining us today. okay. coming up, the new orleans terror suspect reportedly pledged his allegiance to isis in the social media videos.

we will dig deeper into the resurgence of isis in america and speaker mike johnson says he is confident today's sugar bowl in new orleans is secure. >> they see no direct correlation between a threat to the sugar bowl, no obvious evidence what happened less than 24 hours ago would pose any threat to the game. ashley: we are bringing you up-to-date information that is coming out of new orleans throughout the day and all morning long. we will be right back. sofi is helping me get my money right to achieve my ambitions. plus i'm investing in my game. sofi can help fund all your ambitions.

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to learn more, call today or go to gentlecure.com. ashley: getting this news in. the fbi will be holding a news conference at 11:15 am eastern on the terror attack in new orleans. we will bring you all of that

to us when that begins, the latest information from the fbi and it has been confirmed they are at home in colorado springs. and tesla cyber truck explosion. fbi news conference at 11:fifteen this morning. half an hour from now. back to the markets, last trading day of 2025, stellar year in 2024, selloff in late december but the dow up 0. 2%, the s&p and nasdaq up by the same amount. now this, new york's controversial congestion pricing set to take effect sunday. lawyers for the state of new jersey, madison alworth joins us, what is their argument to shut the tax down? >> they are arguing it will

cause irreparable harm to communities outside the congestion zone. and environmental impact study has not been done. attorneys for new jersey asking the federal judge to block the plan before it goes into effect. the judge met with both sides earlier this week and they will issue a response by february 11th. new york in the meantime moving forward with the plan, the billions expected to be raised from this program will go towards improving the city's public transportation system. proponents say it will reduce cars on the road by 10%. governor kathy hochul saying this is a massive win for commuters in new york and new jersey. that sentiment is not shared across the board. congresswoman nicole malliotakis is fighting against congestion pricing. congress is ready to act, the president-elect is ready to act, it shouldn't have come to this.

>> i did speak with donald trump personally, it is an issue, he understands what will happen on new york city, particularly its economy and in staten island and brooklyn, forced to pay thousands of dollars to another borough in which they live. >> reporter: right now this plan is ago. other cities will be watching. dc, miami, san francisco and los angeles are considering congestion pricing and they will consider how it plays out. the cameras are up, ready to go. all that needs to happen is for them to be switched on. any part that drives past 60th st. will be charged $9. that will happen for cars in lower manhattan through bridges and tunnels so for some drivers this will be thousands of extra dollars each and every year.

ashley: just what we need, another attacks in new york city. thanks for outlining what is at stake. bernie sanders said he would put forward legislation on a key trump proposal. what is this legislation? lauren: bernie sanders aligned with donald trump to interest rates at 10%. this is what senator sanders writes on x, donald trump proposed a 10% cap on credit card interest rates. great idea. let's see if he supports the legislation that i will introduce to do just that. americans are carrying incredibly high credit balances and the cost of paying interests are high, the average credit card rate is now over 24%. with americans holding one. $2 trillion in debt in debt for 2024. this christmas, you are paying off last christmas's that. not a good situation.

ashley: i want to get to this. how did donald trump respond to critics who say he changed his mind on h one b visas? lauren: he fired back on them but a clip that comes from new year's eve when he took reporter questions at his own new year's party. watch here. >> the most confident people in our country. we need confident people. we need smart people coming into our country. a lot of people with jobs like we have never had before. lauren: this issue has pitted some businessmen and advisors like elon musk and vivek ramaswamy against trump's powerful base. the president-elect says he has not flip-flopped on the issue, he will continue to walk what has become a tight rope but this guy will take questions from anyone anywhere at his own new year's eve party in a tux he do. ashley: that is why we love him, completely opposite the current administration, great

stuff. still ahead, the fbi does not think the new orleans terror suspect acted alone. >> aggressively running down every lead with associates. that's why we need the public's help. ashley: the fbi will give us an update on the investigation and the 11:00 hour. back to you live. the cybertruck that exploded in las vegas was rented from the same apps as the truck used in the new orleans attack. we will ask former nypd inspector what investigators may be looking at to determine if indeed the two cases are connected. that is next. and that's time. time is a truly scarce commodity. when you come to that realization,

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ashley: jeff landry declared a state of emergency after the terror attack in new orleans. he said the fbi is pouring resources into the city. >> issued an executive order, 100 military police officers on

the ground. sheriffs were around the state sent additional resources. the fbi has been pouring resources into the city since yesterday. we are getting some more today as well. we are going to ensure that everyone involved in this horrific act of terrorism will be held accountable. ashley: former nypd inspector joins us. the fbi just confirmed they no longer believe other suspects were involved in the new orleans attack. are you surprised about that? >> i'm not surprised. somewhere commenting on the air yesterday alluded to the fact that the evidence that seemed to be supporting the idea he had accomplices was rather thin. it looks to have been based on

the fact that there's a video of a number of people walking up on and encountering a cooler which reportedly held some ied components, they were not active. they walk away from it. looks to me like they came upon it and thought it might have beer in it because it is a cooler on bourbon street. that seemed to be the basis for why they thought there were accomplices in the area but that leaves out a couple of hanging chads, you had two confirmed devices, pipe bombs with nails in them lamothe were planted in locations away from the site of the actual attack so you have to say to yourself, by definition, shamsud-din jabbar must've planted those himself, what was the plan to detonate them? draw law enforcement away? maybe at some point during flight from the incident? try to get to them so he had more weaponry which is a tactic

we've seen in other cities? still some open questions what went on relative to those other devices. ashley: more disturbing is the fact that he was a us citizen who served in the military for did a tour of duty in afghanistan. one thing to have a terrorist on the outside slip across the southern border but this is the enemy within. that is more than disturbing. would you say the threat is still there from other places, we have no idea? >> i've been overusing a line on the air and i will default to it again, the further we get from 9/11 the closer we get to 9-10. that really, for those of us who worked in this space for a long time, hyper aware of the fact the threat had not gone away at all. thankfully the public moved on for good, that is what you want to the public to do, we don't want ourselves to be hyperaware of this so that we can't live our lives, that's why it is

important the sugar bowl is going forward which is great. those of us who work in that space know that the threat has not gone away. we are in a period that is historical, these things move in the space of decades or centuries. the factor that we had than the gaza incident and the events of 7 october heightened that atmosphere. the threat hasn't gone away. the internal threat is still there. mechanisms to interdict it are still there. other measures that were put in place post 9-11 have to be utilized and muscular and energized and there's a feeling we've taken our eye off of the ball little bit especially at the federal level. 20 january comes when we go back on that ball. ashley: this comes up a lot when we have these kind of attacks but we live in an open society in america, we are proud of it, freedom of speech and movement but with it comes these threats and it is impossible, is it not, to track

someone who may be radicalized online even if they go online and make horrible predictions about what they want to do it is very difficult to stop these things from happening. >> that is very perceptive question because that is exactly where the tension in these things are. in a society with a robust first amendment which is the most unique aspect of our system, why it is first, you have that continuum of freedom of speech and you have to decide where does that continuum end and where we get into something that could be acted upon by law enforcement and that is a gray area. law enforcement, lawyers, prosecutors struggle with it, that is why you have to go to a judge and get a subpoena and a search warrant and all those things but at the end of the day, the openness of our society, the strength of our society can turn into one of our weaknesses.

ashley: it can indeed. thank you for your insight. we appreciate it. governor landry and the fbi update us. more varney is next. power outages can be unpredictable, inconvenient, and disruptive to your life, posing a real threat to your family's comfort and safety. when the power goes out, you have no lights, no refrigeration, no heating or air conditioning. the winds are not letting up at all here. we're going to see some power outages. number one thing to prepare for is extended power outages. are you prepared? you can be with a generac home standby generator. when a power outage occurs, your generac home standby generator automatically powers up, using your home's existing natural gas or propane,

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