stuart: the congestion pricing in new york city, got to pay a certain amount of money. you are looking at midtown manhattan and not many cars on the road. the dow is up 150 but the nasdaq has turned negative, down 57 points. yield on the 10 year treasury above 460 moving up 4.67%. price of oil $74 a barrel, $74.25, gas stopped falling, bitcoin below $100,000. this just in. in one hour donald trump will deliver remarks to the press at mar-a-lago, we will take you there. we will see it live when it happens at 11:00 this morning, just received the latest read

on the services sector. services dominate the economy. lauren: 54. one, it is expanding and has been for six months but the prices paid component, the inflation component rose to 64. 4. stuart: job openings, the so-called jolts number. lauren: there were 8.098 million jobs open, that's the highest since may. increase in the jobs number for the month of november. stuart: i don't see any near-term. stuart: the dow is up on her 60 points. stuart: up 30 and falling and the nasdaq is down one hundred 20 points, that may be because of the higher yields on the 10 year treasury. thank you. now this.

this is a revolution. i know that's a very strong word but we've never seen anything quite like this before. the trump administration is bringing in a new form of government, a government run by business people, not professional politicians. in short, the trump team is trying to bring in the efficiency of private enterprise. that an alien concept in dc. trump is a business guy, has become a very effective politician, musk is the most financially successful american playing a big role in trump's circle. sometimes seems like the copresident, vivek ramaswamy is right by elon's side, so is doug bergam, designated to run the interior department, chris wright, energy secretary nominee, ceo of fossil fuels company. scott bessent, trump's pick for treasury plans to cut costs for business. since when has cost cutting been a government priority. this is why president biden is

moving heaven and earth to block the transition from sluggish bloated bureaucracy to dynamic capitalist government. is blocking oil and gas drilling, trump vows to unblock it but he could face a long court battle in the courts. thanks, president biden, this is obstructionism. deifying the will of the people but karen jean-pierre says biden has a jampacked two weeks left in office. who knows what he will propose to gum up the works for the incoming president. biden is thumbing his nose at the american people, angry and resentful and here's a question for the democrats who urged him to run for a second term and covered up his decline. looking at biden now, who could possibly believe that he's capable of being president for another four years. trump does represent a revolution in government. for the go to the country biden and the democrats should get out of the way. second hour of varney just getting started.

guy benson with me, am i being too strong. is this really a revolution in government? >> i think that's the goal but sometimes the best laid plans can go awry when the governing starts but i think you are right about what the intent is. you mentioned this drilling ban, one of many things biden is doing at the last minute. i don't think biden is doing this. they get him to sign something but people in that block our governing the country and have been for some time. throwing up as many roadblocks as they can at the eleventh hour. donald trump will happen his authority a pen to strike out much of this. some of it will be more complicated by design but congressional republicans, the

congressional review act on regulations where to simple majority in both houses that can take new regulations and repeal them very quickly. they have a window to do so and should take advantage so trump with his pen and congress with the congressional review act could undo quickly some of the damage biden is trying to do in the last point on the drilling specifically, what is annoying about it and galling about it, thumbing their nose at voters, energy was not a tertiary issue in this campaign. it was central. whenever any sure question came up involving inflation and there would be a tough question for the democrat sometimes on inflation and with trump advance, what are you going to do about it the number one response, the top priority in combating this was always energy and energy independence, cheaper energy so they talked about it incessantly, voters responded and you have the

outgoing biden/harris administering try nation -- trying to shackle the new administration from doing what they promised to doing got elected on. stuart: hold on a second. i have this story and the your comment on it later. i need your comment on matter into gets fact checking program that promises to restore free expression, their words. how is meta's plan going to work? >> will look more like community notes on x and less like outright removal of content or censorship. meta says the changes that announced today will make facebook, instagram and threads places where free-speech thrives. are the big ones, they are getting rid of their third-party fact checking program where those community notes come into play, the company is listing restrictions on certain topics like immigration and gender identity or transit issues and increasing political content for people who want to see it

and moving content moderation and safety team from california to texas to avoid political bias. meta is acknowledging too much harmless content has been censored because it uses automated systems. it's not going to use those systems to monitor all policy violations but only to scan for ill legal and what it considers high severity violations like terrorism, child sexual exploitation and scams. mark zuckerberg announced the changes and a video posted to instagram this morning at in his first and only tv interview since taking the job meta-apps new head of global affairs joel claflin claimed president biden as his administration were trying to control content on social media. >> when you have a us president administration pushing for censorship it makes it open season for the governments that don't have protections of the first amendment to put pressure on us companies. we will work with donald trump to push back on that kind of thing around the world.

>> reporter: meta is adding dana white to its board, the ceos a close friend of donald trump so with the addition of white and kaplan in these changes to content moderation a signal that meta is shifting to more free expression and less censorship on its platform. ashley: we will take it, thanks very much indeed. did they, did meta do this because it is trump who is headed to the white house? >> a case to be made if we want to be cynical and i will say in fairness to mark zuckerberg i do think he's interested in hearing all sides. i don't think is a hard-core ideologue. my guess is he looked at the excesses saying we got it wrong, there's been some real genuine introspection but would meta-be making these moves if kamala harris had won the election? i suspect not. stuart: they are making those moves and i'm calling for a leap forward for free-speech. am i going too far?

>> no because the public square now is social media and to see these big titans watching where things are going and looking at the new administration and adjusting accordingly that is an ordinarily winter before trump is taken office. stuart: thanks for joining us, thank you. we will be watching the bottom line. you are hosting i believe 6 p.m. eastern on fox business. thank you. check the markets please. a real turnaround since we had those numbers released at 10:00 eastern, job openings going up to the highest level since may, marketed like it, douse up 30, nasdaq down one hundred 67. let's bring in mike lee known as the super bowl joining us now. morgan stanley downgraded palantir to underweight with a $60 price target. you call palantir the best investment possible for anyone

at this particular time. are you going to change your mind? >> not at all. i will say clearly this analyst does not understand how -- talks about valuation and being very expensive but doesn't understand the underlying businesses of palantir and how transformational the technology is. the argument is the sales growth in their enterprise unit of which they've only had an enterprise product for two years with salesforce is going to somehow level off and not accelerate like everything else we are hearing in the marketplace and all of a sudden all these companies across the world are going to somehow develop in-house to implement sophisticated ai software on their own without the helps of low bikes of palantir the only company in the world that can do it. i think it is laughable. you do know this in the same report, he is wrong about this

growth, $110 a share. that's a good conservative estimate for the next 12 months. stuart: thanks very much for joining us. we are interested in what you have to say about palantir. all right, thank you. lauren is looking at the movers. let me start with lululemon. lauren: they were upgraded to outperform at they took their price target up by one hundred dollars to 460. they say us business bottomed and modest recovery on tapper 2025. stuart: rrr, self driving technology. lauren: truck. i hate driving next to a truck. they are partnering with continental, german company for driverless trucks. that stock is up 28%. stuart: here's an outlet we don't cover very often. in industry. getty images.

lauren: it is only a $3 stock, 25%, they want to merge with shutterstock to create a $3.7 stock image powerhouse. this will face antitrust pressure but the stocks of both companies have been down the past four years. ashley: they have got it in stock and by it basically. thanks. still ahead. republican leaders holding democrats feet to the fire. they are already putting forward a bill to crackdown on illegal migration. has trump softened his stance on his one big beautiful bill idea? to cover everything? senator ron johnson on that. in less than one hour donald trump will deliver remarks from mar-a-lago. more varney after this.

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stuart: this justin, donald trump has asked the new york state appeals court to dismiss his new york criminal conviction, sentencing is currently scheduled for friday. he wants it dismissed. check the markets please. they all turned south across the board. the dow is down 72, nasdaq down 200 points which house republicans getting into it putting forward a bill to crack down on illegal migration. chad pergram, which bill are we talking about? >> reporter: this is the laken

riley act that mandates detention for those picked up in the us for theft and burglary. michael collins in georgia is the bill's main sponsor. he believes riley would be alive if this policy were in place before she was killed. >> the only way law enforcement can contact ice to pick up an illegal alien that has committed a crime as it has to be a major crime and all we did was add theft to it which is a much minor crime and allow them to call them right then. >> reporter: house republicans dared democrats to oppose the bill on the floor if it passes the house. senate majority leader john thune will tee up a test vote later this week. >> a bill to require the secretary of homeland security to take into custody aliens charged in the united states with theft and other purposes. >> reporter: i ask a second

reading, to place the bill on the calendar. >> reporter: the bill must clear a senate filibuster, montana democrat john tester sponsored the bill last year but lost his bid for reelection. however democrat john fetterman is now on board, that encourages the gop. >> we been asking for it to be more bipartisan that it was before because bipartisan in the last congress, john tester saw the value and joined on. we welcome any democrat to join our efforts. we will starting tomorrow get this reintroduced and get this new thing. >> reporter: 37 house democrats voted for the bill last march, this is the first legislative foray of house republicans in the new year. in effort to make good on their reelection promised a crackdown on illegal immigration.

stuart: the bill we are talking about needs 60 votes in the senate. will it get 60 votes? >> it should. it should have passed in the last congress. it just makes common sense. we will see if democrats do, republicans will vote for it. stuart: republicans hitting the ground running on this. which bills will hit the house and senate next? >> in terms of what we do with budget reconciliation which rises to pass bills without democrat contribution to override the 60 vote filibuster threshold so we are discussing if that will be one big beautiful billow or if we break it into two parts which i think two parts would be simpler. we can do a border bill very quickly very noncontroversial. can't imagine any republicans voting against that. with that done from my standpoint it would be unfortunate if we pass an

extension of the tax cut and jobs act and we've a tax system in place, steve forbes are writing about a simple if i'd tax system. i been talking about that for years. i would rather take our time on the second really if -- reconciliation package to get it right but one of the problems with the tax cut and jobs act is it automatically expires so we need to work with whatever we pass in terms of tax reform, it's permanent, does this -- stuart: does the parliamentarian make the decision of what can go into a reconciliation bill and what cannot? >> he rules on the bird rule, one of things that mike crapo oh was spending, spinning policy that expires, you extend your budget based on current policy so there's no scoring even though if you extend the spending, spending, increase the actual spending figures, for taxes we don't allow that.

what mike crapo is talking about is pass the budget using current policy and what we do is permanent so i support that approach but also am a big supporter and i wrote a column in the wall street journal that donald trump or republicans to embrace president biden's spending levels lower spent 4. $4 trillion during the pandemic and never had a budget, spent $6 trillion so what i propose is go back to pre-pandemic, leave social security and medicare untouched but every other spending item inflate based on population and inflation, if we did that, bill clinton spending level we would be at $5.5 trillion, matching revenue, balanced-budget congo 22014, obama's budget, $6.2 trillion, these are massive savings, democrat budgets pre-pandemic, we would

save trillions and trillions of dollars. stuart: our audience is full of investors who will be cheering you on if we get tax cuts to boot. senator ron johnson, thank you for joining us, appreciate it always, thank you very much. coming up senator adam schiff will not rule out investigating trump again. >> a lot will depend on how he chooses to govern. if he violates the law, if he abuses his office we will vigorously push back, fight back, stand up to him. as we had to do during his first term in office. stuart: he's stuart: he is the guy who was at the heart of the hoaxing of donald trump, the democrats can't let go of their trump hatred. senator marsha blackburn on that coming up. a new gallup poll shows more americans believe history will judge biden's presidency negatively. mitchell brown on that. donald trump will deliver

remarks to the press from mar-a-lago, 11:00 eastern time today. we will bring it to you live. varney will be right back.

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tomorrow donald trump will meet with republican leaders in washington dc. do we know what they will be discussing? >> reporter: got to figure out the way forward, we noticed democrats are starting to give a little bit of ground, a few inches as trump tries to get his first choices for key cabinet spots for rule. meeting with tulsi gabbard and mark warner is on for later today, most democrats declining to meet with most trump appointees so that is something and pam bondi getting backed by justice department alumni who serve republican and democratic presidents, a letter signed by hundred top lawyers and it reads in part it's all too rare for senior justice department officials much less attorneys general to have such a welcome experience in the day-to-day work of keeping our communities safe. the president-elect's personal lawyers working overtime already today filing motion to

open jack smith from releasing his report about the mar-a-lago document case of the cases been dismissed so his reasons for wanting to release that are unknown today. while he's here later this week in dc for jimmy carter's funeral he will talk to senate republicans, one thing to talk about having a mandated using unified control of congress to pass big things but another to figure out how to do it. that's tomorrow night. stuart: gop pollster mitchell brown joins me now. i want to know what the postelection polls are telling us about trump and biden. what have you got? >> reporter: polling has shown two things, trump's image has gained, biden's is declined, the recollection of trump's presidency and job approval has gone up. most important thing is when we talk about the actual issues,

trump has a mandate. when you go and look, his surrogacy rate, the people he has appointed so far have been positively resected by the voting electorate, whether it is tulsi gabbard, rfk, pete hegseth, all these people are people that voted for trump, did so for a reason ansar they wanted actual change and saw these people will fundamentally change things whether it is illuminating negative harmful product in the food system or going to the pentagon and holding accountable so trump has this mandate whether the mass deportations, 60% of americans are favorable love and want to see happen, now how do we go as trump volume 2. stuart: the american people have a 60% approval of mass deportation. is that accurate? >> that is accurate and when you look at the hispanic population it is over 40%. when we tell people what that means people think we should

detain people until we can deport them and it is not just criminals, people who are in here illegally. stuart: does the department of government efficiency, has that got real support from americans? >> that has real support higher than immigration numbers because of one thing, people do not trust their government, that's why trump has always been a popular figure, he tells people things are crooked and some people believe that so they believe the government is out of control and want to see a range and, they are worried about debt, worried about inflated government bureaucracy, people not going to work and not working for their tax dollars. all these policies are the sole reason why trump won. this is the mandate for volume 2. blue let me summarize, mass deportations popular. doge popular, trump more popular. now let's turn it around and look at biden. i understand that 54% of americans believe biden will be remembered as a below average

or poor president. those numbers remind me of richard nixon in the 1970s. history won't be kind on biden, is it? >> no especially if trump has a good first year biden will be one of the least favorable presidencies in american history. stuart: what is biden's approval rating, in the 30s? >> 39%, fluctuated to 49%, 41%. if trump has a first year in recollection favorability. stuart: don't suppose there's any polling done, to block trump, and i suspect it is unpopular. >> it is unpopular just like the prosecution is against trump were unpopular. and to dampen that, not received favorably. stuart: trump has the wind

behind him pushing him forward. he's popular, correct? >> trump has all the strong footing he needs to execute this mandate, day one. stuart: you know what you are talking about, come and see us again soon. bill marr appalled when a guest on his podcast suggested trump won because of bigotry. what is that about? >> reporter: he was blaming woke as the reason harris lost and trump won and his guest put that disconnect on full display saying proving his point. mar was chatting john cryer who agreed the left should have focused on issues like inflation but he really lost when he cried racism. take a listen. >> my conscience is clear. i want everybody about trump. then i warned them what would get him reelected which was stupid woke, that got him reelected.

>> i think americans hate inflation. >> they hate inflation, they hate riots and they hate black women. they hated transit people. they spent hundreds of millions -- >> they don't -- >> disgusting -- >> shouldn't talk politics. >> numbers don't lie. we thought trump when the popular vote and the black vote, in 2020 he got 8%. in this election he got 16%, more than double. numbers don't lie. stuart: coming up. eric adams, mayor of new york touts a decrease in crime in new york city in the past year. watch this. >> we know we are doing a good job fighting crime as numbers show. we must deal with the perception. stuart: new yorkers do not feel safe. brian kilmeade on that story later.

bret baer said the trump team told him to expect shock and are on day one of the new administration. brett gives us the full story next. plus we are waiting for trump's press conference. maybe 25 minutes from now. it will be held at mar-a-lago and we will bring it to you live. we will be back. sofi is helping me get my money right to achieve my ambitions. like earning more money on my money as a head chef. ready for service? bank with sofi to earn a higher apy and an epic welcome bonus. your best defense against erosion and cavities is strong enamel. nothing beats it. i recommend pronamel active shield because it actively shields the enamel to defend against erosion and cavities.

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a healthier world tomorrow. better questions. better outcomes. stuart: a mixed market, much of it in red at the moment, the s&p down 40, big drop for nasdaq. interesting news here. jpmorgan plans to tell all their employees to return to the office five days a week, there's currently a three day mandate. the change expected to be announced in the coming weeks. donald trump promised to reverse biden's ban on new oil and gas drilling.

>> it's ridiculous, i will and ban it immediately. what is he doing? why is he doing it. we have something nobody else, when i see somebody saying he is going to band 627, he doesn't know what that is, doesn't know what 65 million acres would look like and we can't let that happen. the greatest economic asset. stuart: can trump reverse the ban on oil drilling? >> may not be easy. it is an executive order that was issued under in 1953 law, the name of it is the outer continental shelf lands act. it makes it a little tougher. it would require either legal action or congressional action. he can go somewhat down the executive order, if it doesn't affect that.

that said donald trump, the incoming president, is committed to doing that. he campaigned on it which is why he was upset on the radio show that donald trump, president biden is doing something he believes voted voted for him to turn around. stuart: the public is on trump's side, biden is doing everything he can to stall the trump agenda. meadow has come a long way. opened up too much more free-speech. i wonder if they would have done this if trump had been elected president? >> i would take the under on that one. mark zuckerberg's trip to mar-a-lago to have dinner with donald trump, i think the moves meta has made, the fact

checking poll today with community notes similar to what x does and elon musk does, dana white is being added to the meta-board, these are signals that he's giving a hat tip to the president-elect so i doubt those changes will happen had he not been elected. stuart: i understand that. you have been told to expect shock and are on day one of the trump presidency. what will happen on day one? >> we know that this group has been working for four years on this comeback and what america first looks like and the energy and the border and every thing they could do with executive action looks like so i have been told it will be a flurry of executive orders signed in the first hours of donald

trump's time in the overall office. how much it covers, we don't have that outline yet. it is significant, there's a lot of things to cover. i am sure some of them, the first trump administration they had four years to structure these things. this group has more experience. we've been there before and they know where looks and crannies are. stuart: a declaration of intent. works for a lot of people. thanks for joining us today. always a pleasure and we will be watching you on special report on the fox news channel. now this. france's presidency manual macro a manual macro -- what did he say?

ashley: loosely translated into english, blogger off. e manual macro --emmanuel m macron is backing an emotional movement across the world, top billionaire facing backlash on coming out in support of the far right alternative for germany party and getting into a spat with british prime minister and even urging nigel farage to give up his leadership of the party. the question how the owner one of the largest social networks in the world would support a new international reactionary movement and intervene directly in elections while norway's prime and esther found it wearing that must, a man with enormous access to social media would be so directly involved in the politics of other nations. musk hasn't weighed in on french politics yet.

ashley: that's the keyword, yet. still ahead, justin trudeau such to resign as prime minister as canada, a trend sweeping western democracies, a shift to the right and trump is leading that charge, that will be "my take" top of the hour. the administration is negotiating with the taliban, they want to swap detained americans in afghanistan for an alleged usama bin laden associate. just a few minutes, donald trump will give remarks to the press at mar-a-lago, stay with us. (sneeze) (hooves approaching) not again. your cold is coming! your cold is coming! thanks...revere. we really need

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stuart: look at this market, we are down 70 on the dow, 300 on the nasdaq. that's making big changes to the concept of 3 speech. there are no plans to make changes to fact checking in europe. it is down after free-speech policy changes.

president biden will transfer 11 gitmo prisoners. here is what incoming borders are tom homan had to say. >> the death sentence commuted, selling border wall pieces. a lot of damage we've got to undo. i don't know how we undo that but it's a bad decision personally. stuart: why release them now? >> do what obama couldn't, he's going to close gitmo and empty it out, why not put it out there? what do i care if i give up to get americans back in couple? you left americans behind? didn't know that. three americans will be back and aid to usama bin laden and part of his inner circle. what about the other guys?

these guys are as bad as it gets. they are immovable because nobody wanted them back. as far as i can understand it is dicey. they need monitors. they are forced to stay in amman like the taliban five. in qatar or united arab emirates, where do they end up? in the afghan taliban government. this is totally irresponsible. president biden is bernie the house down on his way out. stuart: the us is in talks for an alleged usama bin laden associate separate from who is being released from gitmo. mayor eric adams is touting, decreased in the last year. >> horrific incidents the

commission talked about the last few days, you have this new yorker, it is out of control. we know they are doing a good job fighting crime. the perception many new yorkers feel 1/4 for december, 15.5% decrease. stuart: fair enough about people in new york city do not feel safe and it is very hard to get around that. brian: people of new york city are being mocked for feeling not safe. arrests are down because they don't arrest anybody anymore. they don't have qualified immunity and don't want to be sued for $32,000 a year. the other thing they have a problem with is beyond perception, a guy over the weekend has been arrested 82

times who had a knife in his sock, step two people, the guy who is in the courtroom, illegal immigrant who let a woman on fire the other day so tell people that is in their head, you have congestion pricing telling people to get out of the car and go to public transportation. it looks like a star wars bar scene until people don't worry about it as you go back to albany or sit in gracie mansion. the american people have shown they don't listen to politicians that make no sense and blatantly tell untruths. when mayor adams says the numbers are down, we are living it. stuart: not long ago new york city was the safest city in america if not the world, it is not now. thanks for joining us. got to go. see you later. new york city's congestion pricing plan is in effect but off to a rocky start.

lauren: the first day we saw major traffic e-zpass went down. the site crashed when drivers commuting into the city were trying to get online. checking that information was correct. they weren't able to get on the website and that's not good because if you don't have a working e-zpass you are told even more. or license plate is red and you get a bill in the mail. normally you pay $9. if you are billed by your plate is 1350. e-zpass wasn't working, they had to pay more as a result but some drivers that not so fast. we are seeing this rolled out. some drivers are coming up with ways to conceal their plates and scratching out numbers, in fact, some drivers do a rotation like james bond, push a button in the plate rotates but something tells me if you have enough money to do that, i wonder why they don't want to be picked up by the cameras but i will leave that on the team. stuart: new york city has its trouble.

in a few moments, donald trump will give remarks to the press at mar-a-lago as the 11:00 hour of "varney and company" roles on.

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