maria welcome back. chinese state media reporting that xi-jinping and president trump had a call today. we'll have more later on. markets up sharply. 30 minutes before the opening bell sounds on wall street, john. >> yeah, biggest risk facing the economy, 2025 has to be the possibility of overheating. maria wow okay. good point dow industrials up 248, nasdaq up almost 300. thanks everybody great panel, right to "varney" & company we go and stu, congratulations to you! 15 year anniversary take it away. stuart: thank you very much indeed good morning to you, maria and good morning, everyone. today is the day. we celebrate "varney" & company's 15 years on the air. oh, where does the time go? we'll take you back to the very first show. we'll bring you some of our memorable celebrity guests.

we're not afraid to acknowledge our bloopers either. we cover politics and money, for 15 years, its been a great ride. all right, now, let's cover the news of the day. another bitter and despiritting interview with outgoing president biden appearing on msnbc. he again warned about the dangers he sees ahead and he got things wrong. he said red states had screwed up their economies and they will be in deep trouble without his policies. i don't get it. this morning, the president announced pardons and commutations for 2,500 non-violent drug offenders. he's not ruling out more pardons to come in his last three days in office. does that mean pardons for his family? n't know, maybe. to the markets. some buying today after thursday's mixed performance for stocks. a solid rally in progress. dow up 250. nasdaq up over 300 points. and interest rates, maybe this is the key, interest rates are down. the yield on the 10-year

well-below 4.6% and the yield on e two-year is well-below 4.3% you're back to 4.24 at the moment. bitcoin, that's rallying, moving well above 100,000 bucks. there are reports trump's executive orders will prioritize crypto. oil staying below $80 a barrel looking at 78.35 at the moment but gas, creeping up again. 3.11 is your average for regular diesel at 3.61. politics. a new fox poll shows more than half believe biden has made the economy worse. he's leaving office with an approval rating as low as any president in decades. elon musk will speak at the pre-inauguration rally this weekend. he will be sitting in a prime spot on monday, along with other tech titans, bezos, mark zuckerberg, and tim cook; however, the upper stage of musk's star ship space vehicle disintegrated over the gulf of

mexico but the launch was successfully caught with the chop stick maneuver. on the show today, the story i think is the most important that we covered in our 15 years on the air? the rise of america's world beating tech companies have become the crown jewels of american business, and the most memorable story? i think that it's the golden escalator ride that launched donald trump's candidacy. who knew it would transform american politics. friday, january 17, 2025. "varney" & company, the anniversary edition, is about to begin. ♪ ♪ stuart: [laughter] it's the perfect introduction to a narcissist isn't it? i want to talk about me.

i love this song. lauren: television is the perfect job for a narcissist. stuart: that's true. lauren: look it up now. stuart: all right, everyone. look at this. welcome to the 15 year anniversary of "varney" & company. to celebrate we're going to start with a look back at our very first show, all those years ago. roll that tape. stuart: hello, everyone. we're live today, all day here on fox business, because your money never takes a day off. this is "varney" & company. and let me introduce you to the company. charles payne and chris carter in the studio, tracy burns sitting right next to me, and today from california, bud conrad is with us and we'll plant our flag in california everyday on "varney" & company. it's the biggest state economy in the whole country but it's also shall we say insolvent. >> people are leaving california in droves, wealthy people just like leaving new york state and going to places like texas. >> it's political season and

the bankers are in season because look they did get a lot of government cheese handouts in the bailouts. stuart: and will class warfare swing the massachusetts election? only time will tell. that is it from all of us at "varney" & company but we'll be back tomorrow. 9:20, see you then. stuart: look whose here, right now. elizabeth macdonald. i think she is the only one who hasn't changed at all. you look exactly the same. liz: that's kind of you, thank you, stuart good to be with you still. how did we get here? how did that happen all these years? stuart: time flies. you were on the very first edition of the show and you stuck around as a member of the company. i want to ask, you do you have any memorable memories? what's your favorite moment from the show? liz: honestly i was thinking about it. when we went around the clock covering brexit. remember, at 3:00 in the morning covering brexit? the brexit vote for the dramatic vote for the uk to leave the eu?

and we were up for like, it turned out to be 48 hours straight after that because we had to come back in after 3:00 in the morning to cover it at starting at 6:00. so, and i thought, you know, 3:00 in the morning, there goes stuary varney. he knows the exit polls. i could get tips from this guy. but i've got to tell you my other favorite story was, and this is a secret you don't know this. so, when i would sit here with ashley, and ashley be on my left and you'd be battling through the headlines of higher interest rates, tax hikes, ashley wobble be elbowing me pointing at his laptop saying look at these images and photos because at the time it was christmastime, newspanewspapers in england were publishing drunk santa claus photos and kids from the 60s and ashley be like look, look, look, and we were playing hookie. stuart: and i was trying to be serious about interest rates.

i didn't know that. liz: drunk santa claus. stuart: it's still fine performance. i think we're going to get to the news of the day and you'll help me cover it. liz: yes, i hope so. stuart: i want you to listen to what biden said about the economy in his last interview from the oval office. watch this. >> if you conclude the only way to deal with inflation is to create unemployment and another recession, because you got to make sure that we lost jobs it's the only way to keep the inflation down but guess what? i was absolutely convinced. give the american people half a shot. they will step up and get the job done. i never believed we couldn't have a soft landing. and a soft landing. inflation is down almost at 2%. a lot going on. stuart: oh, okay well look at this. a recent fox poll shows most voters believe biden actually made the economy worse. liz, i don't want to argue about

whether we got a soft landing here or not. i'm just shocked at biden's very negative view of the future. liz: yeah, negative view of the future and unfortunately, you know, headlines from nbc. nbc is saying he's the greatest political tragedy. right? they see it in modern history. he left a nation divided, polarized, the democrat party in tatters. politico historians saying he's the most radically left wing politician in the oval office so you know, what was his answer to covid lockdowns and shutdowns? throw trillions of hot money and when supply chains were shutdown, so even, you know, obama officials said that ignited historic inflation, 22% compounded under biden. stuart: not a very good way to go out, right? liz: that's right. stuart: liz, thank you for , you had to get up very early. liz: yes, i did. it's a pleasure. stuart: don't be a stranger to us. liz: i won't. stuart: there's seat any time. liz: we'll be back. i hope. stuart: all right we'll be watching you on the "evening

edit", 5 p.m. eastern here on fox business. biden has announced pardons for nearly 2,500 non-violent drug offenders. lauren? apparently, he's not ruling out more pardons. lauren: could be more he's got a few days left to do so. the president says on this latest pardon, this action is an important step toward writing historic wrongs. correcting sentencing disparities and providing deserving individuals the opportunity to return to their families and communities after spending far too much time behind bars. so, he is commuting the sentences of nearly 2,500 inmates convicted of non-violent drug offenses and they were were sentenced under holder more harsh laws so he's commuted more individuals than any other president. stuart: he's not ruling out more pardons which means the family could be pardoned. lauren: or preemptive pardons for people he thinks the trump administration could go after. we'll see like i said a couple hours left. stuart: yes, he has. he better check futures because it looks to me like we have a

rally on our hands. look at that. 260 up for the dow, 327 up for the nasdaq. and kenny polcari is with me. why the rally this morning? is it because interest rates on treasuries are down? >> i think that's part of it. i also think that we're stuck in this trading range. this 58 and 7 6,000 trading range so we go back and forth as the market kind of digests all of the recent news and everything that's happening between rates and the fed and conflicting messages out of the fed, as well as kind of the change in administration i think that is coming on monday and then what that means for policy and the markets and stocks going forward. stuart: we lost the trump stock bump. can we get it back after the inauguration? >> yeah, i think we can. look, i think that the bump originally was so much excitement after the election on november 5 is that it got ahead of itself and retraced a little bit. there was a little bit of anxiety but now you know it's all settling down, the latest

inflation report suggests that maybe inflation is calming. not going down but just calming which will hold at least keep that narrative rate cut alive although i don't think we're getting it but it'll keep it alive and that'll continue stocks higher. look, bond yields are down and look what nasdaq is doing. nasdaq got really beaten up yesterday again, so this rally up 337 is really taking back what it's kind of given over the prior couple of days and now it's just taking that back. stuart: good to see some green on the left-hand side of the screen that's all i can say. kenny, thanks for joining us always appreciate it. >> congratulations to you. congratulations to you by the way on your 15 years you look great! stuart: thank you very much. i'm glad you said that. kenny we'll see you very soon. have a great weekend. spacex held their second chop sticks booster catch yesterday. that's where the booster rocket has returned to the launch pad instead of falling somewhere in the ocean. lauren? they got the booster but they lost the spacecraft. lauren: yeah, good news bad news.

let's start with the good news. it was really the perfect execution when the booster returned to the mechanical arms of the launch tower for only the second time ever. it's just so precise, and awesome to watch but the failure was not. a dramatic explosion of the top section of the rocket. star ship breaks apart, in archdiocese disintegrates over the atlantic ocean and the airlines had to be diverted so they wouldn't hit any debris falling out of the sky. elon musk indicated that an oxygen fuel leak could be to blame but he did remain optimistic about getting it right next time. that's the thing, just keep going so this was the 7th test of the star ship. it's a reusable system and eventually, we want to use it to take humans to the moon and then mars. or in the other order but this stuff is so cool. stuart: it is. thanks lauren. bret baier reported on this program that trump will be delivering on day one with more than 150 executive orders on the table. coming up we've got to talk to trump's incoming press secretary

karoline leavitt about trump's day one agenda. >> bret baier in washington, congratulations. 15 years. holy cow, 15th anniversary of "varney" & company. hard to believe its been that long. congratulations. it's always an honor to be on your show, especially getting the occasional golf question. stuart: [laughter]

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, so your life goes on without disruption. you and your family are comfortable, safe, and secure. stay tuned, to get over a $500 value free on the most popular home standby generator in the world. with the generac, we don't have to worry about whether we lose power or not.

if the utility company does not come through, our generac does. having a generac takes a lot of the anxiety out of, there's going to be a storm. after the hurricane happened, we just want to be prepared for anything. generac generators are designed, engineered and built in the usa. 8 out of 10 home generators are generac, and have thousands of satisfied customers. how many times have you heard people say, i never want to go through that again? well, the next time you go through it, don't make it so hard on yourself. have a generac home standby generator. call or go online now to request your free quote with one of generac's nationwide dealers. special financing and low monthly payment options are available, and if you call now, you will also receive a free 5 year warranty valued at over $500. the call is free, the quote is free, and there's no obligation to buy. call or go online now, so the next time there's a power outage,

your home powers up. power your life with generac. call or go online to request your free quote today.

stuart: we're just three days

away from the trump inauguration and we're expecting a big day one. trump's income white house press secretary karoline leavitt joins me now. thanks for coming on the show. we're getting reports that trump held a call with china's xi-jinping today. can you confirm that? >> i can't confirm nor deny that particular call. at this time, stu, it's breaking news, and i just am joining your show as it's breaking right now. what i can tell you though is that president trump has received many calls from foreign leaders since winning the election on november 5. they are dialing his number. they are flying to mar-a-lago because they know that president trump is going to put the interest of the american people first in just a few days when he returns to the oval office. stuart: we had bret baier on the show and he said we can expect shock and awe, with as many as 150 executive orders on day one. is this a massive undoing of biden's policies? >> on day one president trump will take many actions to undo all of the disturbing orders

that joe biden signed on his first day in office, but none of this should come as a surprise to the mainstream media or to the american people. president trump campaigned on fundamentally transforming the federal government that joe biden has destroyed over the past four years. he campaigned on securing the southern border on unleashing the might of our energy industry and you will see on day one, he's going to deliver on those promises that he made, again on the campaign trail and that's why he was elected. the american people want president trump to take this action. they need immediate relief in their lives and the president will be doing that on the first day in office. stuart: as you know democrat senator john fetterman made the trip to mar-a-lago. he's been vocal about working with the president-elect and keeping an open mind. fellow democrats though, they aren't taking kindly to that approach. my question to you is, do you need democrat support to get the trump agenda done? >> well republicans need to get smart and get tough and stick together and then we can pass president trump's agenda but certainly we welcome

democrats to get a little bit of common sense to shed their trump derangement syndrome and to work with republicans to deliver on the priority that the american people want to see accomplished. border security, tackling inflation, cutting the waste, the fraud and abuse out of our federal government and returning to common sense policies. i give a lot of credit to senator fetterman for reaching across the aisle and saying a lot of what donald trump is saying makes sense. that's why he won the commonwealth of pennsylvania in november. democrats should take a page out of fetterman's playbook and as president trump has always said, he will work with anyone who wants to deliver results and cut deals. he's a deal maker at-heart and willing to do that. success is his ultimate priority and he will work with anyone to make this country successful and wealthy, safe, and strong again. stuart: one of the biggest stories we've done in our 15 years on the air was when trump came down the golden escalator that was back in 2015. i believe you were just a teenager at that time.

you were. did you ever imagine that one-day, he would employ you in his white house? >> i've been supporting president trump since that day and in fact 2016 was the first election i was eligible to vote in, and i'm so proud, humbled and honored to be just serving as president trump's press secretary at the white house in just a few days. it's the honor of a lifetime and i'm especially excited to speak on behalf of a president who has a mandate from the american people. who has bipartisan support as you just mentioned. we have the senate. we have the house. president trump has a real opportunity to fundamentally transform this country for the better and to put the interest of this country first. it's going to be a lot of fun. we're going to get a lot of work done. i know president trump is read to go on monday and i am too. stuart: you will be asking and answering questions from the media. have you asked your predecessors as white house speaks people, have you asked for any advice? >> i have, yes. i've spoken to many of my predecessors and i have soaked up all of the wiz come they have

given me. i look forward to taking the podium and congratulations to you, stu. 15 years on this program. that's a big accomplishment, congrats. stuart: thank you very much indeed. it's great to have you on the show and we wish you the best. >> thank you. stuart: got a programming note for you. we will indeed have live coverage of president trump's inauguration on monday. all day, right here on fox business. treasury secretary nominee scott bessent had his senate hearing yesterday. did he come out and say clearly what his top priority was? lauren: absolutely. extending the 2017 tax cuts, here you go in his own words. >> this is the single-most important economic issue of the day. this is pass/fail that if we do not fix these tax cuts, if we do not renew and extend, then we will be facing an economic calamity, and as always, with financial

instability, that falls on the middle and working class people. we will see a gigantic middle class tax increase. lauren: let me tell you a little something about scott bessent. yes. billionaire hedge fund manager. he also owns farmland in north dakota. grew up south carolina, knowing financial anxiety. his position now, and that of many republicans is the tax cuts help grow the economy. his democrat opponents say well, they only help you, mr. bessent, and rich people. he would argue that that's not true. the united states does not have a revenue problem. it has a spending problem. stuart: right. tax cuts grow the economy. growth helps everyone. lauren: correct. stuart: check futures please. here is growth on the stock market. dow industrials up 270. nasdaq up about 350 points. we'll take you to the opening bell on wall street, next. >> congratulations, stu, and

the entire team on 15 amazing years from "varney" & company. sending you best. >> do you mean to tell me, it's the 15th anniversary of "varney" & company? stuart? you're aging in reverse and you're more beloved today by all of us and everyone who watches you than the day you started. we love you. ♪ (♪) (♪)

what took you so long? i'm sorry, there was a long line at the thai place. you get the sauce i like? of course! you're the man! i wish. the future isn't scary. not investing in it is. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com after last month's massive solar flare added a 25th hour to the day, businesses are wondering "what should we do with it?" i'm thinking company wide power nap. [ employees snoring ] anything can change the world of work. from hr to payroll, adp designs for the next anything.

ichi, ni, san, shi... (1,2,3,4 . . ) ruri never thought she would live out her dream. then one day, she did. you were made to chase your passions. we were made to put them in a package.

stuart: plenty of green on your screen left-hand side the nasdaq is up nearly 400 points that's 1.8% solid i'd say. mark mahaney with us today. mark i want to talk about amazon. jeff bezos, blue origin, the rocket had a successful launch. does his space business success help the stock at all? >> no. not this year. not next year. could it happen in 2026 or 2027? yes. elon musk has proven that starlink and space and satellite broadband internet access can be a real business and a real

profitable business too so there's an opening here for a second player in the space. now, it's going to be called kiper, the amazon business that there's room for that. they had to get the rockets up and they finally did. it's technically extremely difficult but they were able to manage it so it's great. all consumers benefit from hopefully what is intense competition between starlink and kiper, that unfolds the next three to five years. doesn't matter to amazon stock today hopefully it will if they are successful two to three-years from now. stuart: tiktok ban is set for sunday, unless the supreme court rules otherwise. if the ban is enforced, surely, that would benefit other social media platforms, in particular, meta and snapchat. right? >> yeah, you got that right, stu. so it's about $10 billion, and marketers that we've talked with, none have yet shifted bucks, advertising spend away from tiktok but they had their contingency plans, and they are going to follow where the reals go, if you will or where

the short form video goes and that's instagram and probably youtube shorts and maybe snapchat, all three should be beneficiaries where tiktok ban to go into effect. stuart: where does meta go to from here? >> meta keeps going higher. we have i think it's a 750 price target on it, and so the stocks been a huge performer for the last two years. it's a modest buy for us. it's not dislocated. very high-quality, long deep consensus long amongst investors. so that's great. you can make money buying it but not a lot of upside. >> [opening bell ringing] stuart: markina you have a great weekend we'll see you again real soon. they are ringing the bell about to press the button and we will start trading and it looks like we'll see a solid rally right from the get-go this morning. it was a mixed picture yesterday, but there's no mix about this. the dow has opened with a gain of about three-quarters of 1% over 300 points. i see just a couple of red stocks there, losers. the rest are green and winners. the s&p 500 on the upside

as well. look at the percentage almost a 1% gain getting close to 6,000 again and the nasdaq composite, what's the gain there? huge. 1.6%. well, it was slammed the other day. yesterday. now it's up 312 points, 1.6%. big tech? all of them on the upside, very strongly so too. amazon is now up 2.1%. microsoft up eight bucks nearly 2%. we have alphabet up three bucks. meta is up $10 now. apple, struggling back to 231. but let's have a lack at bitcoin this morning. it is rallying right now we've got a quote of 102.4. good morning, taylor. taylor: good morning. stuart: backup above 100,000 bucks. taylor: should we call this the excitement pre-trump inauguration? look the crypto community certainly excited about trump in general but also maybe day one executive orders and we have no indication what that is. we also got really interesting comments from blackrock now to be sure, they have an invested stake in bitcoin and the bitcoin

trust or etf that tracks the price of bitcoin but they are saying deregulation will give bitcoin a historic year so a lot of euphoria today. stuart: rivian and plug power their ev companies of course, they are getting cash from the government. how much? taylor: ready for this? rivian $6.6 billion for new construction plant in georgia. they are saying it's going to accelerate the expansion of the r 2 suv, and the r 3 crossover. plug power a little bit smaller, but still a cool $1.6 billion to help create hydrogen plants, so as we mentioned biden just doing what he can on his way out the door. stuart: shoveling the money out before he can't do it. taylor: give it all away. it's all free. nobody pays for it right? stuart: why are people flocking to dual lingo, it's up nearly 3%, to learn mandarin? taylor: it was up 7% yesterday. stuart: yes. taylor: so i'm on it. are you on dual lingo? stuart: no. taylor: it teaches you spanish,

mandarin, whatever. the ceo said that people trying to learn mandarin are up 260% from this time last year, because if they're facing the tiktok ban, a lot of people are going to this other app called red note or like the little red book translated just smaller into red note, but it's all in mandarin. it's not like tiktok where there's a u.s. version. stuart: people are really learning mandarin so that they can switch away from tiktok to a chinese app? taylor: good luck. mandarin is one of the most difficult, i don't think you can quickly learn it in a few weeks to get ahead of the tiktok ban, but they are trying. stuart: wait until you s see cantonese. what can you tell me about novo nordisk and their latest obesity drug trial? taylor: i'm surprised by the market reaction because a few of the headlines. semaglutide. the active ingredient achieved a 20.7% weight loss in obesity

trial so basically achieved that primary endpoint by demonstrating significantly significant weight loss, relative to a placebo, right? so within 72 weeks, a higher dose, people lost about 25% of their weight loss. smaller dose? people lost about 17% of their weight. placebo, obviously you lose 0% of your weight so it met the endpoint but again, you know, a decent trial from what we hear. we'll have to dig into see what analysts say about it. stuart: stock is down 3.9%. palantir investing in a new drone start-up company. i believe the company is called shield a.i. what do we know? taylor: they are trying to raise about $200 million but would give shield a.i. a valuation of about $5 billion. so this is sort of classic tie-up where this aligns perfectly with palantir's idea, right? incorporate a.i. into

the defense sector. it's not just palantir. you have a lot of other airbus, l 3 harris, you know, people in the defense sector and in the start-up world who think that a.i. and defense clearly has a future. stuart: nice bounce for palantir after some recent selling. taylor thank you very much. eck that big board, please. and we're up 275 points that's .63%, 43, 400. dow winners give me that list. let's have a look with salesforce, amazon, sherwin william, nvidia is up, microsoft is on the list. up six bucks at 4.31. the s&p 500 winners topped by corvo, intel, truist financial, slb, and microchip technology and percentage terms they are all up better than 3%. the nasdaq winners, intel, global foundries, mongo db, i always get that wrong, trade desk and broadcom. all up sharply so. coming up, trump wants to hit the ground running on day one. are republicans in congress completely unified behind

the president's plans? they need to be. senator marsha blackburn will tell us. kamala harris reportedly very upset by biden's repeated claims he could have beaten trump in the election. we have that story. and a retired i.c.e. agent warning that getting rid of violent illegal migrants will not be easy. >> these individuals are armed and dangerous, and it's not like when you go and pick them up they will i think go easily into the custody of i.c.e. officials. stuart: trump's incoming border czar, tom homan, is going to take that on. he's next. ♪

only servicenow connects every corner of your business, putting ai to work for people. pfft ... every corner? every corner, nick. ow! so kate in hr ... hey kate. can focus on people, not process. oh actually, i have a question ... keep up, nick. do you have to be sick to take a sick day? patty in it is using ai agents to deal with the small stuff, so she can work on the big stuff. agents like secret agents? secret agents i control. with your mind? you know ... i played a secret agent once. - we know. - oh gosh ... i liked it. over here, ai gives tina the info she needs to get the job done. nick, what did we say about touching? no touching. good. ai helps jim solve customer problems before they're problems. for reals? for reals. for reals. servicenow is the only platform that connects every corner of your business, putting ai to work for people. oh, so we all work better, together! my work here is done. excuse me, which way back? uh, follow him. where ya headed? susan: where am i headed?

am i just gonna take what the markets gives me? no. i can do some research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management at harbor freight, we do business differently from the other guys. we design and test our own tools and sell them directly to you. no middleman. just quality tools you can trust at prices you'll love. hey, take a moment. do you know who we are? we are the kids you champion every day. we are the ones who dream big. and because of you, our dreams become a reality. these are more than ju words. this is what we're all about. this is shriners children's™. because for more than 100 years now, shriners children's™ has been on a mission to provide the most amazing care anywhere. and guess what? it's working with more than 100 access

points to care shriners children's™ able to reach more kids in even more places all around the world. when we need them the most their amazing doctors and nurses are treating kids in the u.s., canada, mexico, and latin america. and they'rhelping kids from more than 100 other countries too. and the best part? they're doing all of this regardless of a family's ability to pay. and someone else helps make it all possible. you. tú. you. tú. you too. it's true. you're pretty awesome. when you go online to loveshriners.org or call this special number with your monthly gift, you'll make a difference too. your donation large or small helps shriners children's™ do new research creates life-changing treatments, and provide burn care to kids around the world. every day, people like you give families like ours the hope and healing we need. and when you give your monthly gift of $19

or more. we'll send you your very own love to the rescue® blanket. it's a warm reminder of the incredible things you're making possible, and that you're a part of something special. because no matter where we come from or what language we speak, every kid deserves the most amazing care anywhere. so how can you help? take a moment. call or go online to loveshriners.org right away and start filling our world with more hope, healing and possibilities. stuart: this just in. president-elect trump confirms he did indeed speak on the phone with china's xi-jinping today. he called it a very good call, his words. they spoke about trade, fentanyl, tiktok and more.

trump said, "starting immediately, they will both solve many problems together." i think that's a very important statement. now this. after being overrun by an influx of migrants the governor of massachusetts is asking lawmakers to make changes in its right to shelter law. molly lion in massachusetts for us. what do the proposed changes include? reporter: well this is potentially very big news, stuart. among the changes, potentially limiting who exactly can stay in the state shelter system. it was last night that the democratic governor of massachusetts fronted her state of the commonwealth address this happens every year. she did not mention president-elect trump directly in this speech but she did call for federal action to address the border security problems, arguing base state taxpayers shouldn't be the ones footing the bill and it's a big bill. a massive influx of migrants continue to over burden the state shelter system. where reports of sexual assault and crime have made big headlines.

this week, governor made a dramatic shift proposing extensive changes to the states unique right to shelter law that could make many migrants in eligible to stay in the shelter system. >> i said i agree. anyone who does violent acts should be held accountable and be deported. i've also said that immigrant families who have lived here, who are working here, who pay taxes here, who are raising children here, deserve a path forward. reporter: it's unclear if that statement signals a new willingness to cooperate to some extent with president trump's mass deportation efforts, which be another about-face, as recent i.c.e. arrests in the state brought more than two dozen accused sex offenders into custody. in a letter to lawmakers the right to shelter law was established in 1983 and suggested rewrites including requiring applicants to have lawful status, except for households that include children who are citizens, or

lawful permanent residents and applicants must disclose criminal convictions and undergo a background check. the shift comes long after healy declared a crisis but roughly two weeks after an illegal migrant living in a hotel shelter was discovered with 10 pounds of fentanyl and an ar-15. massachusetts republican party slammed the governor's plans as over do writing it was only after the information they have known for the past two years became public they finally decided to take action. if democrats listened to calls for reform from republicans two years ago we would not be at this crisis point today. remember it was just in november healy vowed she would absolutely not cooperate with president-elect trump's mass deportation plans. we shall see , stuart? stuart: now listen to what a retired i.c.e. agent said about

tren de aragua gang members. >> these individuals are armed and dangerous and it's not like when you go and pick them up, they will i think go easily into the custody of i.c.e. officials or other immigration officials. they are going to put up a fight. stuart: incoming border czar, there he is, tom homan joins us now. tom? are you prepared to take on these violent criminal migrants? i'm sure you are. >> yeah, i.c.e. agents, they are well-trained and we've been dealing with gang members for decades. it's a dangerous job and look these people are dangerous. they are a threat to our public safety which is exactly the reason why president trump wants to prioritize these gang members in public safety threats. it's dangerous and i've said from day one, when we take control, you're going to see violence uptick on the border because the cartels aren't going to go away. we'll be attacking their source of making money, and there's going to be some difficult

situations in the interior, arresting criminals. law enforcement sees it everyday. we're no different so i hope and pray i.c.e. agents remain safe and go home to their families but this is something they have to do. stuart: the mayor of new york city made the trip to mar-a-lago meeting with trump today to discuss new yorker's priorities. has the mayor of new york come around to your way of thinking? will you help deport migrant criminals? >> i met with him and he's all in, arresting criminals probably safety threats, and helping to find some missing children that we know some are going to be in new york city, so, he's all-in on that. he has said he doesn't want his officers to become immigration agents and i agree with him. i don't want them to become immigration agents and i want to focus on public safety and leave the immigration stuff to us but public safety threats is in everybody's interest and our legal staff will be reaching out to his legal staff. he wants to write executive

orders and you probably aren't far away so he wants to give us back to riker's island and help on public safety risk so we've got a great relationship and hopefully, the actions will match the words and commitment. stuart: it seems the tide is turning. i'm seeing some changes in various places. eric adams goes to mar-a-lago, agrees to work with you guys, and the governor of massachusetts appears to be saying okay, we'll work with i.c.e. to get rid of criminal migrants. is the tide turning? >> i'm hoping so. the governor of massachusetts didn't come out until after she got caught misrepresenting state laws. she claimed her state wasn't a sanctuary state and never worked with i.c.e. and the field office director says she's wrong, they are a sanctuary state. she wants less criminals in her shelter then she should end her sanctuary policies.

the sanctuary jurisdictions, it's for criminals and that means they won't let us in their jail to arrest a bad guy in the jail. don't let the public commit crimes in the community. work with i.c.e. and give us access to a jail. stuart: tom great to have you back on the show. you've been worder full for the last few years. we always appreciate you being on this program. tom homan. thanks for joining us. see you soon. coming up 15 years ago we wanted to create a business show that wasn't bagged down with the fed, earnings per share, or any other jargon. big tech helped us reach a broader audience. that's my take at the top of the hour. president biden gave his final oval office interview couldn't help himself from warning about the threat to democracy. >> i really am concerned about how fragile democracy is. it sounds corny, but i really am concerned. stuart: i'll say it again, biden is leaving office as a sad, angry old man. don't go anywhere.

we're looking back at some of our best moments from our entire 15 year run. that's next. >> my main man stu. happy 15 years to "varney" & company. thank you for letting me be a small part of the show. you know i love our weekly get-togethers as i'm company, you're still "varney." it's awesome. >> stuart you are one of the smartest, kindest, funniest people i've known throughout my time here at fox news, and its been that way since i was a young girl when i first met you so thank you for always being so nice to me, and entertaining, and educating all of our viewers on fox business. >> love you, stu. ♪

morikawa on 18. he is really boxed in here. not a good spot. off the comcast business van. into the vending area. oh, not the fries! where's the ball? anybody see it? oh wait, there it is! back into play and... -oh no, it's in the water. wait a minute. are you kidding me? you got to be kidding me. rolling towards the cup, and it's in the hole! what an impossible shot brought to you by comcast business.

maya knows how quality care can bring out a smile. but it's been a few dog years since she was able to enjoy a smile of her own. good thing aspen dental offers affordable, complete care all in one place. and new patients without insurance get 29 dollar exams and xrays. plus 20% off treatment plans for everyone. loving our patients unconditionally. it's one more way aspen dental is in your corner.

♪ stuart: yes, it's our 15 year anniversary, and we want to look back at some of our best moments. roll it. >> this is "vney" & company. and let me introduce you to the company. to the big board briefly the dow is up 47, first at 48, 10, 658. he's dead, bin laden shot in

pakistan buried at sea a triumph for america's special forces this is history in the making and we have it covered for you. by a 5-4 margin the supreme court has ruled that the obamacare is constitutional. >> stuart i'm happy because i'm giddy to be on "varney" & company. stuart: thks very much indee let's do thiagain. >> that's great can't wait to see you in the halls stuart. rt: i know nothing about stock. >> have you not been watching the world cup? did you not watch team usaoung man? >> thon world cup i had was the cup of hot chocolate that was real big tt i drunk the other night. stuart: welcome to our new time. ave a jampacked three hours for you. in fact we could use four. the june 1, 9:00 a.m. edition of "varney" & company, yeah, we're that's america. no place like it. i feel honored and privileged to be here. i voted today for the first time in any election anywhere. welcome oard. we're right at thetart of something remarkable. this program is a fee-free

ticket to thfront row. tens of thousands of people arriving and most of them by the oks of it that we're showing are trump supporters. i don'think the protesters are going to spoil this. 20,000 right from the get-go. we have a very special guest, president trump just walked into the room. i stood up, shook hands and he's with us right now. mr. president thanks for being with us. >> it's only because i like your show. stuart: thank you very much indeed, sir. >> i watch it. stuart: right as ever, a trillion dollar company that's microsoft. it was a protest on the streets of hong kong and they were demonstrating against beijing. it's the kind of dissent never seen in china. i know hong kong very well and lived there for quite a long time never expected to see a million people turn out on the streets . yes we look slightly different today. we're separating out, susan li, lauren simonetti, ashley webster join me from very different

locations. we've delayed the commercial break just to make sure we were on the air when we hit 30,000. dow is up 230 points. 35, 055. so here we go, the first-ever "varney" and you starts right now, folks. i watch the coronation of queen elizabeth in 1953. our family bought a tv for the occasion and i will be watching tomorrow feeling proud of my heritage, holding my american passport. i'm stuary varney, of fox business, and i am thrilled to be sitting alongside my co-moderators fox news channel dana perino. the dow is well, firmly above 40,000. i've enjoyed being here to get a sense of history because this is historic convention. stuart: wow. where did the time go. lauren? your favorite moment on the show. lauren: behind the scenes watching you prepare for the rnc debate. stuart: oh, yeah? lauren: yeah. i just was so intrigued because you process information so

quickly, and so accurately, and the struggle is the wrong word but you were really focused, doing a lot of prep work and it wasn't, you had to do a little bit of work. stuart: i was nervous. lauren: and i enjoyed sitting here and seeing you go through it and seeing you excell. stuart: thanks very much indeed. lauren: i was very jealous. stuart: thank you very much indeed lauren. stay with us, please the 15th anniversary edition of "varney" & company rolls on. ♪

(husband) we just want to have enough money for retirement. (wife) and travel to visit our grandchildren. (fisher investments) i understand. that's why at fisher investments we start by getting to know each other. so i can learn about your family, lifestyle, goals and needs, allowing us to tailor your portfolio. (we) what about commission- based products? (fisher investments) we don't sell those. we're a fiduciary, obligated to act in your best interest. (husband) so how do your management fees work? (fisher investments) we ha a transparent fe structured so we do better when youo better. at fisher investments, we're clearly different. (traffic noises) (♪) the road to opportunity. is often the road overlooked. (♪) at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways

we all have to move forward. the further we'll all go. ♪ if. ♪ >> wow, varney, congratulations on 15 years. thanks for letting me crash your party every day at 9:30 in the morning. cheers to the next 15. >> stuart varney, i understand it's your 15-yea