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tv   Varney Company  FOX Business  January 6, 2025 11:00am-12:00pm EST

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will look around and realize this is what we have to get done. >> it's better to be early than late, we saw this with the tech bubble when it burst. it took you literally like 15 years. >> what i like with trump, his mandate is the person to get this done. it's an ambitious plan, it is, but we are going to get this done come hell or high water. >> there's a worldwide revolve against arrogant, progressive, out of touch politicians, and trudeau is one of those people who is just not with the program. >> the problem with s&p 50, it doesn't trade 24/7, 365 and bitcoin does. it's a very large asset with a liquid market and constantly trading. >> buy who governs with the decree on a piece of paper. you watched trump's first day in office, i bet he's going to overturn so much of these biden executive orders that we're planing about now.
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♪ ♪ stuart: last time we showed you sixth avenue, new york city, it was wide all over with a pleasant snow and now it looks like sleet and dark and empty. 11:00 eastern time, monday, january 6. quite a day, isn't it? markets, still plenty of green. look at that. dow's up 250, nasdaq's up 364. big tech, every single one of the big names is up significantly. they are. nvidia is up 4%. alphabet, microsoft, amazon, apple all on the upside. 10-year treasury yield is above the 4.6% level. that does not appear to be hurting the nasdaq at all, 463 on the 10 year right now. now this, it is only natural that administration officials on their way out should defend their performance. as the biden team winds down,
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we've heard from two senior officials, ca karine jean-pierre and told them here's to the best in the business. i couldn't have done it without you". you have to have credibility, kjp has none. she assured reporters that biden would not pardon his son hunter, he did. biden had done more to secure the border than anyone else she said, that's non-sen. she called it a cheap fake when he wandered off. she had a tough job defending a failing president. but to say her team was the best in the business, that's a very big stretch. then there's antony blinken, america's top diplomat and sat with a lengthy interview with the new york times. on the afghanistan debacle, he said biden ended the longest war in our history. come on, man, we were run out of
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town. on rush cha invading ukraine, he said he and biden navigated the situation to keep us away from direct conflict with russia. does he think russia would have invaded if we had not shown weakness in afghanistan? in gaza, he said the administration wanted to make sure the conflict would from the spread and it did. biden's slow walking of aid to israel and criticism of netanyahu held back israel's just pursuit of terrorist opponents. headline for the interview is this, antony blinken insists he and biden made the right calls. again, it's very difficult to defend a failed presidency. history will be the real judge, and the verdict is not likely to be kind. third hour of varney starts now. ♪ stuart: how will history look
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back on this administration? >> the worst presidency since james bu bu bu buchanan before l war in the 1850s and a real disaster at home and bringing back inflation and overseas in the commentary and disaster in afghanistan and disaster in ukraine. when putin invaded ukraine, we should have poured in weaponry. instead we kept holding back so the ukrainians bled and putin now thinks he may end up winning ukraine. israel, holding israel back against just war against those terrorists, and prolonging the conflict and hurting the -- perhaps losing unnecessarily the lives of the hostages. wherever you look, this man has failed and the biggest scandal in american history is the coverup of his mental decline. stuart: i want to get to that right now because senate minority leader chuck schumer, he denies claims that democrats misled the public about biden's mental acuity. watch this. >> look, we didn't, and let's
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look at president biden. he's had an amazing record, he's a patriot. he's a great guy. when he stepped down, he did it on his own because he thought it was better not only for the democratic party, for america, we should all absolute him. we should all absolute him. >> do you -- salute him. >> do you think he could have served another four years had he stayed in the race and won? >> i'm not going to speculate. as i said, i think his record is a stellar one and he'll go down in history as a really outstanding president. stuart: he wouldn't answer the question. does anyone think that joe biden as of right now is in a position to run this country for another four year s? that's nonsense. >> as a matter of fact, reported by journal and others and there's days when they had to cancel his appointments because he was out of it. out of it. mentally declining. imagine if we had a serious crisis like the cuban missile crisis. could verne had handled that on a day-to-day basis?
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absolutely not. he put the country's jeopardy at stake and the democratic party went along with it. most of the media went along with it and so we put america's safety in jeopardy, and they knew it and covered it up, and they still don't acknowledge it fully today as schumer just showed. stuart: think that is the biggest scandal over and above afghanistan and ukraine and inflation and the rest of it and the border? >> i think so, yes, because the president of the united states is the toughest job in the world. it's not just america's safety at stake but the free world, and here we had a man in office incapable of performing his duties and getting worse on a day-to-day basis and knew it from day one this man's mental acuity was in decline and they all cover it had up. stuart: two weeks left. steve forbes, thank you very much for being with us. good stuff. appreciate it. >> thank you. stuart: breaking right now, the prime minister of canada, justin trudeau, just resigned. edward lawrence at the white house. any word from the administration, the biden team on this?
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reporter: as of right now, we're waiting to see what justin trudeau was going to say at the news conference you're looking at live. he's making that announcement right now saying he will resign after his party finds a new leader for him. he says that process started last night. he called the leader of that you are party to start that process so once they select a replacement, he'll then step down is what he said here. justin trudeau was going for his fourth term as prime minister in canada, which is unheard of in canada. he was there for about nine years up to this point. canadians and popularity was falling over the past year and since the election in the united states, president elect donald trump, the popularity took a real nose dive after that, and we talked with a number of canadians as well as the premier in alberta who called for justin trudeau to do exactly what he's doing today. on december 30th, listen to what she told me, listen to this. >> facing a president who has a four year mandate, we certainly need to have a leader here who
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has an equal mandate, a four year mandate so these negotiations can continue and there's the credibility at the table. reporter: she wanted that consistency as president elect donald trump would like to see the trade more balanced between the u.s. and canada as well as border security in canada. now, the canadians announced a $1.3 billion border security package and don't know if that's enough for president elect trump, he's not said if the 25% tariffs will be imposed but again, we have maybe more fallout from the pressure both externally and internally inside canada of what justin trudeau has now done. he will resign as soon as they find a new leader for their party and their country. back to you. stuart: edward lawrence at the white house under snowy conditions. thank you, edward. we'll get back to you later. check the markets and dow is up nearly 200, look at nasdaq, up 1.9%, major gain. 373 points in the paints. jason catastrophe with us
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this -- jason katz with us this morning. i think, and i believe you're agreeing with this, there's two things to watch out for in 2025. 2025: the fed and trump. start with the fed. what do you think they're going to do? >> truthfully it's what they're not going to do. they're going to be moving slowly as fast as they can. all the prognosticators, stu, got it wrong. they called for six rate cuts last year, we got half of that. at best, we're going to get two cuts this year. they're in a tough spot, they're walking a tight rope. they want to ensure the job market doesn't fall off a cliff and yet have to keep inflation at bay. what they've done recently is front run trump's tariff plans and immigration and fiscal plans, and they're doing that by indicating fewer cuts. i would curb your enthusiasm when it comes to multiple cuts this year because it's not going to happen. stuart: now, turn to trump. what do you think he actually gets done? he's talking about one giant,
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beautiful bill bringing together taxes and the border, energy. if he gets that done, that's a big plus for the market, isn't it? >> indeed. you took the words out of my mouth. he would love one big, beautiful bill but policy achievements, you and i both know, come in stages. the fed is not going to have our back, but the fiscal stimulus and the productivity gains that we're going to see will have our back. so the pro growth policies, deregulation, deflation, deflation from doge. that should translate into economy growing at 2%, and we haven't even scratched the surface with respect to ai -- not only ai but robotics, automation. look at news out of microsoft today, the $80 billion data center built. all of this could lead to a goldy blocks scenario for both stocks and a soft landing for the economy for that matter, stu. stuart: we love to hear that on the first full week of trading in the new year.
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jason katz, thanks for being here. we'll see you again a lot. see you later. looking at some movers and looking at the 10-year treasury yield just above 4.6% and citi group up 2.5%. lauren: yeah, expect big banks in general to benefit from trump 2.0 accelerating long growth and defunding funding cost and relatively stable tax rate. they say citi group is a buy. their price target is a 95 and that's a 33% upside to friday's close. stuart: a company i don't know much about and it's pay core. they are up nicely. lauren: 23%. human resources software market. there is reports of a deal with pay corp. said to be bought by the rival pay, paychex and saide done. stuart: djt? lauren: congress begins in the next hour and begin to certify the results of the next election
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and happens at 1:00 p.m. launlaunchtravion green tigers s cowboys peaceful transfer of power and a trump win and this afternoon it'll be made official and stock up nicely. stuart: got it. thanks, lauren. coming up, schumer said he's open to working with trump on the migrant issue. there is a caveat. we'll tell you what it is. senators mark kelly says the terrorist attack in new orleans was a failure of our intelligence systems. >> the intelligence community seemed to not have this person, you know, on their radar, probably doing the right things and probably looking in the right -- are we doing the right things and looking in the right place s? we've got to do more. stuart: retired four star general jack keane looks into the terror threat inside our country. the general is next. ♪
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canada justin trudeau will resign but will stay on till his successor is chosen and the work of parliament suspended till march 24th. with this coming at us, prosecutor on the trump justice case left the justice department and jay was a senior national security at the depa retired on friday. today, president biden and the first lady travel to new orleans to visit with the families of the terror attack. peter doocy at the white house. what's president biden's message to the family s? reporter: to the families he'll offer sympathy on behalf of the united states but that's not the only reason he's going down. for the next two weeks, he's in charge of the national security apparatus, and he's talking
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about what he knows of the attacker. >> i spent 17, 18 hours from the intelligence community from the time this happened establishing why this happened. we've established beyond any reasonable doubt it was the act of a single man acting all alone and all the talk of conspiracy of other people. no evidence of that . zero. reporter: there's no evidence that there's any partisan, political angtoll any of this because -- angle to think of this because one of the biggest critics of the president, senator john kennedy represents louisiana and he said this. >> i want to thanks president biden and the first lady for coming to new orleans. the president, whoever it is, represents america and by him and the first lady coming, they're showing that america cares to my people, and i
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appreciate that. reporter: white house officials are telling us president biden is monitoring the severe weather by way of snowstorm in the mid-atlantic and no reason to think based on his schedule he'll have to delay or postpone the trip today. stu. stuart: peter doocy, thank you for joining us. see you real soon. now this, arizona senator mark kelly says the senate intelligence committee was not aware of the suspect in the new orleans terror attack. watch. >> we often track individuals like this one. i wasn't aware of them, i don't think the excite tee was. the intense community seemed to not have -- intelligence community seemed to not have this person on their radar. whenever something like this happens, we've got to reevaluate. are we doing the right things? looking in the right places? after an incident like this, we're going to have to take a close look at it, make sure the next one doesn't happen. stuart: retired four star general jack keane joins me this
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morning. general, how do you rate the terror threat inside the u.s. right now? >> well, i take it on what the fbi director said it's a heightened awareness and threat, largely due to the openness of the southern border. remember, we did detain some people from tajikistan and suspected terrorist and we've had many on the terrorist watch list that have been detained as well. so i think that is a contributing factor to the heightened awareness. certainly this incident in new orleanss and your thought goes out to the -- heart goes out to the victims and families with this tragedy and they're out trying to celebrate life itself and they lost their lives. this particular individual is not associated with a foreign terrorist organization in terms of being, as we know right now, being directed by a foreign terrorist organization. he's only, as we know, likely inspired by it.
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and this is what makes it really tough. i'm not about to say this is any failure of our intelligence community for a couple of reasons. one, this is american citizens and this incident and the last one in 2017, if you remember a truck driving down a bike path in new york city that killed innocent citizens then. these were americans killing americans. stuart: yeah. >> and americans have privacy rights, stuart. you know, they can use offensive language and the government doesn't have a right to penetrate them like they would a foreign terrorist or foreign organization. so it's much more challenging and doesn't surprise me that this individual may not have risen to the level that our agencies were able to, you know, pick them up. i mean, just about 90 days ago in october, intel community picked up an afghanistan who was threatening a terrorist act in oklahoma city. and brought that to a conclusion
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without anybody being harmed. so the other thing is the american people should understand, it's been 23+ years since a foreign terrorist organization conducted an attack on american citizens in our homeland, and give credit to the multiple presidents we've had since that time frame who have taken the fight to those terrorist organizations where they have safe havens, and largely taken that away from them in terms of what we did to al-qaida central and isis and the islamic state. there's a lot of good things that have happened here to protect the american people. i'm not diminishing the seriousness of this, and i'm not suggesting that we don't do all the after action reviews and see if there's a reason why we never picked this individual up and were able to stop it before it happened. certainly all of that needs to be done, and we need to continue our indi vigilance. stuart: give credit where credit is due.
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china targeting major u.s. defense firms with sanctions. the companies include lockheed martin, raytheon boeing. is this saber rattling from china before trump takes office or something more serious? >> no, it's pretty much that. it's largely symbolic. these organizations are not going to be financially impacted by this and they can't do business with china anyway because of the defense organizations. their prevented of doing it by law. they can do some commercial business, some of them have commercial businesses away from the fence but they're not significant. we have other companies that do a lot more. i think this is tit for tat from china before the incoming trump administration. we hear what you're saying and you're coming for us and we want to remind you we're an integral part of the global supply chain
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and china as an example and all the emphasis on drones flying over american cities and american military bases. china is the number one manufacturer of drones in the world and number two in parts that other manufacturers use. as an example so, yes, i think this is symbolic, and we know for a fact that trump administration will get tough on china as they were in the first administration and likely even more tougher, and china will likely respond. stuart: got it. general keen, always a pleasure. thanks for joining us. i will see you again real soon. thank you, general. >> yeah, thanks a lot. stuart: fox corporation made a donation to the love one louisiana foundation in support of those impacted by new year's eve terror attack in new orleans. if you'd also like to help, go to go.fox/noa or scan the qr code on your screen to donate. we'll have -- that's on your
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screen right now. next case, back to -- take a look at biggest winners on the nasdaq. they include micron up 11% this morning, asml holdings up 8%, applied materials 5%, lamb refer much 5%, there's some big winners on the nasdaq today. why not? the nasdaq up over 300 points. coming up, elon musk calling on nigel firarge to commit his job and saying the uk needs a new leader. musk chiming in on foreign policy. incoming border czar tom homan said even if countries will not take back their migrants, we're still kicking them out. >> if they don't, they're still going to be deported but just to different countries. you've got to put the safety of american people first. stuart: well, who will take the criminal migrants? sheriff thadeous cleveland on that. the sheriff is next.
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up. lauren's looking at some of the movers including oklo, o-k-l-o. lauren: it's a nuclear power startup backed by sam altman of openai. look at gains throughout the sector. this is what happened with the treasury department and irs revised tax credit rules for companies making hydrogen and look at oklo, stock is up this year young 28% already on top of huge gains next year. i also want to take a look at defense stocks. they are down today for the most part. you can see lockheed down 2%, rtx down 1. barclay's cut the defense stock price targets on three of them in particular. all three harris, lockheed martin and general dynamics are concerned about the budget and doge and not enough money coming into the sector. stuart: lauren, thank you. the president of honduras is threatening to kick u.s. troops out of the country if trump
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follows through with the deportation plans. jennifer griffin at the pentagon. jennifer, has trump responded to this yet? reporter: stu, the trump transition team responded with a relatively tame statement "the trump administration looks forward to engaging our latin american partners to insure our southern border is secure and illegal immigrants can be returned to country of origin". nothing more from president trump himself and here are facts about the u.s. military presence in honduras. the military base was a key part of u.s. counter drug efforts in central america since the 1980s. the u.s. has about 1,000 american troops and military civilians based at sotteau kano air base and shares with the honduran air force and one of the few airports between the u.s. and columbia capable of landing large military aircraft. it is essential for the surveillance and interdiction of drugs emanating from south and central america.
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here's the honduran president's new year's day message. >> in the face of a hostile attitude of mass expulsion of our brothers, we would have to consider a change in our cooperation policies with the united states, especially in the military field where for decades without paying a cent, they maintain mail tear bases on our territory, which in this case would lose all reason to exist in honduras. reporter: the honduran president knows the air base is important to the u.s., especially since china does not have such military bases yet in central america and the u.s. wants to prevent such a move. 27% of the economy of honduras is based on remittances of immigrants living in working in the u.s. and half a million hondurans live and work in the united states. the u.s. does not pay honduras for use of the base, but the u.s. has given hundreds of millions to honduras under the trump and biden administrations in effort to fix the root cause of migration to the united
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states. the biden administration gave around $776 million up from around $500 million under president trump's first term. the president of honduras called a meeting of regional foreign minister this is month to discuss how to respond to president elect trump's threats to deport millions of immigrants. stu. stuart: jennifer, thank you very much. now this, the incoming border czar tom homan said countries that refuse to take back their migrants will not slow down trump's agenda, watch. >> we're hoping that president trump will work with venezuela like he did with mexico and el salvador and get them taken back. if they don't, they're still going to be deported but just to different country. we have to put the safety of american people first. we have too many young women murdered and raped and burned alive by members of venezuela gangs. stuart: i'm joined by sheriff thadeous cleveland from texas. sheriff, for example, the
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venezuelans, who's going to take the venezuelans because venezuela will not. mr. homan said somebody's going to take them. who do they have in mind? >> good morning, stuart. historically we've deported people back to their native country. we avoid sending people from central american countries and other countries back to mexico due to diplomatic relations, but i would foresee president trump starting to send other people to mexico that aren't from mexico. it's time that we get back to actually looking after, you know, american citizens and we can't forget that president trump is the author of the art of the deal. i forsee him being able to negotiate with the countries. stuart: think we get the venezuelan bad guys, take them to the border and shove them to mexico? we would do that? >> i think it's come to that. again, we've been too nice for too many years as far as sending people back to the countries they come from. if their countries aren't willing to that i can them back, i foresee us using, you know,
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tools such as title 42, even though we used that under covid and medical declaration, i foresee us using a similar moll seizure disorders or pack tick and send -- policy or tactic and sending them back to mexico. stuart: trump promised to secure the border on day one. if the flood dries up, will we need all the migrant shelters? what will we do with them? >> that's a great point, stuart, and you're spot on with that . look, over the last four years we've seen the shelters explode. we've seen hundreds of millions of dollars going to these nonprofit organizations, these ngos, nongovernmental organizations, to help support and facilitation of the illegal immigrants coming across the border. but president trump's policies on day one that will be implemented will really subside the need for these shelters and the money going to these nongovernmental organizations. stuart: do you have any doubt that the immigration situation will change dramatically after
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12, noon, on january 20th? any doubt at all? >> no doubt whatsoever that it's going to remain the same. it is going to change. we've already started seeing a change with president trump being nominated here in the united states as our leader, that sent a message to the world that the united states is going to protect its boarders. day one he'll impleasant the policies and -- implement the policies and we'll see a change along the u.s. mexico border. stuart: sheriff thadeous cleveland, texas guy. we always appreciate and i know we'll see you a lot soon. thank you. >> yes, sir, thank you, stu. stuart: chuck schumer wants to work with trump on a new daca deal. ashley, what's he say? ashley: well, schumer says democrats would love to work with p trump on that deal for deferred action for childhood arrivals as you say, the daca recipients or dreamers. trump expressed interest in allowing the dreamers to remain in the country and schumer responded.
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>> we love to do that and our party has been fighting for the dreamers for a decade and we've been blocked by the colleagues on the other side of the aisle. yes, if we can find a solution so that the dreamers could stay here, world war ii welcome it. we'd welcome it. ashley: schumer said many dreamers were brought across the border as children and been here for decades and some served in the armed forces and many have families of their own. it's finally time to find a solution with the incoming administration. stu. stuart: thanks, ash. coming up, a new report says rutgers university failed to address hundreds of complaints about harassment of jewish students. will the trump administration do more to combat anti-semitism on college campuses? we'll look into that. with just two weeks left in office, it seems like president biden is trying to hamstring trump in as many ways as possible, that includes making it tougher for him to drill baby drill. we'll explain it all next. ♪
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stuart: the chip makers are up and i mean up. nvidia up 5% and amd3%, qualcomm 4% and taiwan sensorineural myo5% -- semi 5% and microsoft spending $# 0 billion on data -- $80 billion on data spenters and use ago lot of chip chips and sp chips are up and microsoft up 2%. elon musk calling on nigel farage to quit his job as reform leader. ashley, why does musk want farage out? ashley: has to do with musk's comments in support of british anti-immigration and
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anti-activism and known by the pseudonym tommy robinson currently in prison for contempt of court. musk posted on x saying "the reform party needs a new leader. farage doesn't have what it takes. well, nigel farage, leader of theerer form uk party responded to musk saying in part "well, this is a surprise. elon is a remarkable individual, but on this i am afraid i disagree". it's a big reversal for musk who appeared to support farage and posted with a photograph with him last month. farage's reform party won 14% of the total and 4 million votes vs and five seats in parliament in last july's national election. maybe they can make up. we'll see. stuart: thanks, ash. president biden will permanently ban new offshore oil and gas drilling along most of the u.s. coastline. rich edison, come on in, please.
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can trump easily reverse this ban? >> well, the president elect says he'll unban it immediately. trump spoke with hugh hewitt this morning and said he has the right to reverse president biden's offshore drilling ban and the trump team added that "this is a disgraceful decision exacted to design revenge on the american people that gave trump the mandate to increase drilling and lower gas prices ". crest assured, joe biden will fail and we'll drill baby drill". analysts say it could be difficult for tram top unban the biden ban right away and republicans in congress would have to include in the massive bill they're discussing moving through congress, which would also include border and tax issues. biden announced this morning he would ban oil and natural gas drilling in 625 million acres off the east and west coast, eastern gulf of mexico and alaska's northern baring see and "drilling off the coast could cause irreversible damage to
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places we hold dear, and unnecessary to meet the nation's energy needs. it's not worth the risks". trump is looking for wholesale reversal of biden's energy policies, though that could take awhile. >> it take as long time to move this big ship that's the largest energy production company in the world. some of the changes, changes to things that the administration will control rather directly like offshore wind could happen very fast. the regulatory process takes time. >> trump promised a major expansion of oil and gas production when his administration begins in just two weeks. stuart. stuart: rich edison, thank you very much. michigan making room for new solar panel development. lauren, what do they have -- extraordinary news here. what do they have to do to prepare? lauren: head scratcher, cut down 420 acres of forest in michigan. so deforestation is needed to go green. michigan is committed to achieving 100% clean energy by 2040. apparently at all costs.
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this land would be leased after a period of public comment and any trees in the way would be cut down. solar farms. last i checked, michigan is not sunny. and critics say this effort is all an attempt by the state to grab tax credits. some say lawmakers are so outraged they're calling for anyone involved in the decision at department of nash rale resources in the state -- natural resources in the state to be fired. stuart: well said. my personal opinion. lauren: michigan is not sunny. stuart: it's not. really isn't. the dow 30, please, we always say get a sense of the market. my sense is there's an awful lot of buying going on. lot of winners, plenty of green. dow is up 334 points. at 43,000 and 65. president biden sparked outrage giving presidential medals of freedom to people like george soros and hillary clinton. why choose such divisive figures? jason rantz tries to explain it, next. ♪
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stuart: president biden getting backlash after awarding hillary clinton and george soros the
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presidential medal of freedom. jason rantz, this is the highest civilian honor. why did biden choose controversial figures? >> i think he did it, at least in the case of george soros to say keep giving us money. give us more and we'll forward your progressive agenda and just not directly from the white house. it's pretty obvious that this is in fact a slap in the face. it's almost like he is trolling us, the president is trolling us with these suggestions, but i will say i don't even think that joe biden was the one that selected it. i think it was the people that have been essentially running it country and this white house for the last four years that made this decision and clearly a handout and pat on the back for all the help that george soros provided to progressives and the progressive movement. i just think it's absolutely disgusting and should be giving this kind of honor out to someone who's trying to fundamentally destroy what the country stands for. stuart: soccer legend lionel messi was awarded the medal and skipped the ceremony and didn't even send anybody to pick up the
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medal for him. synergy home did messi get the medal in the first place? >> i'm assuming it has to do with the cultural contribution via soccer since he made the move to mls. that's my only guess but again, i think it just weakens and almost make as mockery out of this particular award. kudos to him for not playing ball here, for not being part of the political calculation behind giving him this award. stuart: yeah, i think he didn't want to get mixed up in the politics of it all. he's possible larra with the hispanics but didn't want to take on that role. a department of education settled anti-semitism investigation at rutger's university. the school received nearly 300 reports of harassment against jewish students between july 23 and june 24. the school agreed to do more about it. >> twofold, i think he'll be a leader on this. if it were to occur again the
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way it did over the course of last year, he'll speak up and say something sports grill do it in a way that makes -- and do it in a way that supports the american people and second is pam bondi. this is on the attorney general to support the schools and say we're going to come after you and it'll be the education secretary saying we're going to come after you. you have federal funds going into colleges? guess what, you don't get to treat jews as if they're second class citizens and don't get to allow this behavior to occur on campus in the name of inclusivity and weirdly progressive values if you want to get federal funding. >> i'm sure you saw this, jason, but residents in vallejo, california, they're begging governor newsom to deploy the california highway patrol to their city because crime has run rampant. watch. >> it's been a crisis situation for a very long time. our leadership is still not -- has no urgency in handling it. at some point somebody has to help us. stuart: do you think -- jason,
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do you think newsom and california generally, have they gotten serious on crime yet? >> no, unfortunately they haven't, and the reality is even when they do get serious, they're still going to deal with the exact same problems, which are depleted police forces, depleted law enforcement agencies that don't have the bodies to go after the crimes. when you've created this culture of lawlessness, guess what, it takes awhile to wind that back and if you don't have the staff to overwhelm the criminal element, they're going to continue to take advantage of that and then of course in case where is you do get to make those arrests, and even maybe luckily prosecute, you've got judges who go easy on the criminals. we really have to look at this in a more holistic way and see some significant reforms and the reality unfortunately is that it could take decades before we get back to normal. stuart: yes, decades is a long time but you're probably right. jason rantz, thanks for being here. see you again real soon. thank you. >> thanks, stuart. stuart: here we go, time for the monday trivia question: what is
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the longest highway in america? u.s. route 20, interstate 10, interstate 70 or u.s. route 30? yep, we will have an answer for you, and we'll give it to you when we come back. ♪ louis! cut! more mud! action! louis, louis! cut mud on her face! louis! okay everybody, that's lunch! (♪) (♪) mud mask? no, no, no! compare hotels in the hotels.com app (sneeze) (hooves approaching)
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>> our production team is really good with coming up with interesting questions to which i don't know the answer, i am guessing. >> i would set on 85. >> what is the longest highway in america. i would agree if i-95 was up there i would have picked it but it u.s. route 20, interstate ten and interstate 70 u.s. route 30. ashley is playing. were back to you being first, what you got. >> thank you very much. i would think it has to be east west, i go with number ten. >> if it's an even number for interstate was going east to west rivets and audits north to south. ten east to west. >> i agree with ashley, my guess is a guest interstate ten. >> it sounds like this is a
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trick question. i have to think this is a trick, upset the apple cart and go it to u.s. route 20. >> thank you very much indeed. 3365 miles long from boston all the way to newport oregon. it's an even number east to west that fits the bill with 3000 miles. >> your favorite places. a check of the market, to the market. a quick check of the market, the chipmakers the dow is up 375 points, the nasdaq up to 50. the chipmakers doing gangbusters taiwan semi up 11.5%. nvidia is up 4.6% they are up because microsoft is going to spend $80 billion building data centers which is an awful lot of chips. that is it for "varney & company"

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