tv Varney Company FOX Business January 20, 2025 10:00am-11:00am EST
10:00 am
the white house and when that is over trump and biden will travel in the same vehicle to the capital where the inaugural ceremony will begin. just a reminder the market is closed today for martin luther king jr. day in the crypto's are still trading. bitcoin by the way having a nice gate at $107,700 a quite not bad. >> you hit a record earlier. stuart: sports fans now this. the mood has changed that anxiety has lifted, patriotism has made a comeback, trump returns, wherever the president-elect appeared this weekend he was cheered loudly, the crowd would break into the usa team. it rippled around the capital through packed bars and restaurants, petty cabdrivers that joe blasted the village people ymca, the haters more
10:01 am
than a few thousand of the rally on saturday nothing like the inauguration eight years ago, back then the left was stunned and angry that hilary was beaten by donald trump this time a sense of the biden harris team has made a mess of it. your message always seems to be america was a bad place trump reverses that. according to the wall street journal his inaugural address today trump will say, we are at the start of a thrilling new era of national success. at time of change is sweeping the country. the change starts today with a flurry of executive orders, he will declare a national border and urgency abolish the green new deal delay the tiktok band, he learned from last time around when he wasted his first six months in office trying to get rid of obamacare, right after he sworn in reportedly he will move around d.c. signing those executive orders as he goes. the supporters are jamming the streets they will be cheering
10:02 am
him on. it's a historic day, and date to be okay and proud of america. the second hour of barley is just getting started. ♪. stuart: comments steve hilton i get the impression that change is coming rapidly to america starting out. >> it is, i been on the streets of washington, d.c., i feel the energy in the excitement the optimism just as you were saying, it's an absolutely historic moment for two reasons i think, first of all the nature of what were witnessing someone who has battled everything that's been thrown against him and came back, the most astonishing way. people will be learning this in school whatever school looks like 100 years, 150 years from now in the be asking how he did it in the answer to that brings
10:03 am
us a second historical point which is exactly as you were saying the fears patriotism, the fears patriotism that donald trump brought to this that energize the movement the incredible movement, i think the simple thing is exactly as you say, america is back in the america that you and i love so much that you and i as new americans have been born in another country and inspired by this idea of america as the strong leader in the world that's what was lost in the last four years and what we recovered it's a patriotism that is energized everyone created this amazing sense of optimism that we feel today. stuart: trump held a rally in d.c. and he laid out his vision for the future. watch this. >> we will fight, fight, fight and win, win, win. together we will make america powerful again.
10:04 am
we will make america wealthy again. we will make america healthy again. we will make america strong again. we will make america safe again. and we will make america great again. >> he has really big dreams doesn't he. >> yes, the differences as you were discussing with joe just now he's also got the experience to make sure the dreams become reality and that's what you have an incredible combination of the commonsense policies in the competence that has been lacking in our government, you see that right from day one of the transition the appointment of susie wiles in the way the
10:05 am
appointments were rolled out one after another so clearly and confidently the way that the nominees seem to be saving through the process and the senate, everything working like clockwork, that's because they have been preparing for this moment. i know many of the people in the america first policy institute in the world around trump for the last few years that even getting ready. they believe this day would come in they knew they had to be ready and boy are they ready. stuart: thank you, i noticed a moment ago looking on the left-hand side of the screen we saw the arrival of political celebrities, former speakers of the house we saw newt gingrich and mccarthy, we did not see nancy pelosi, she is not coming to this particular inauguration. next, this photo into our
10:06 am
newsroom shows a desk set up on the stage at the capital one arena. can we see it. trump will sign a handful of executive actions in front of his supporters there at the desk later on today, this is history and you will see it right here on fox business. elon musk department of department efficiency could be sued within minutes of trump's inauguration. on what grounds? >> the washington post is a public interest law firm will allege that doge allege all meetings of doge and those connected to an electronic medium must be open to the public. the law also states that minutes must be recorded in rules set on how they hire. doge is operating out of elon musk's headquarters of spacex. it is not disclosed. the and reports say they are
10:07 am
using signal and encrypted app to communicate. >> thank you. >> jeff sica joining me this morning on this inauguration morning. why is it important for trump to say tiktok. >> is important for president trump to save tiktok because he lives by a code to keep his friends close but his enemies even closer. what he sees in tiktok pcs away entrepreneurs can raise with money in a way to communicate and he also sees a legitimate national security threat from the chinese. a lot of people are against this action he took on the conservative side but what i see it as, i would not trust the chinese and i would not trust them to keep his word, i would trust president trump to make a
10:08 am
good deal on the behalf of the united states. he has to prove that he can in fact china move the ccp to appoint, i would not say is going to be a partnership but move them to a point where he get what he wants. stuart: was the future of trump's meme coins, they have been released and they've gone way up in value with exceptional volatility, the meme point for donald trump in malania. >> way up in value is understatement of the world if you look at the trump meme that had a 70 billion-dollar evaluation what i see a sentiment gauge people are so unbelievably excited about president trump becoming president they bought to as a sign of excitement. what we also have we also have a
10:09 am
president who has embraced crypto currency. as i've said i patted myself on the back too much when i started to recommend bitcoin in 2019, now you have a president that's coming out and embracing bitcoin to make the u.s. bitcoin capital of the world, not only that there is a lot of talk out there i'm not saying it's true that there will be united states government buying bitcoin that's what's been heard that's what you see the 107 price, i think it's going to be exciting. stuart: should investors doubt gold and silver and by crypto. >> i've always liked gold in a brace to consider the ultimate hedge but i see gold as gold being a friend that you callout
10:10 am
when you want to have a slow night encryptor currency is the friend if you want to stay partying for a week that's what crypto currency is. i would say to people that are tempted to do that that's probably the most common question i get asked i would say don't sell your gold, keep your gold we have the inflation being the carbon monoxide of the economy. one thing i'm waiting to hear from trump how will we handle this. if it doesn't get handled you'll see gold prices go up from there. stuart: will take your advice, thank you for joining us. see you soon. in trump's 2017 inaugural address he stood up for the forgotten man and woman, watch this. >> establishment protected itself but not the citizens of our country. the forgotten men and women of our country will be forgotten no
10:11 am
longer. stuart: i think there will be a different tone in his inaugural address today, exactly what he's going to say will find out later on but i think the tone will be different from eight years ago. aspirational, more like it in bringing people together in unifying that's what he wants to do. any moment trump and biden will leave the white house and head to the capital for the swearing-in ceremony they will travel in the same vehicle by the way. a lot of people don't know that but there together in the back of the limo, we will bring it to you, the swearing-in shortly. investment opportunities are everywhere you turn. do you charge forward? freeze in your tracks?
10:12 am
or, let curiosity light the way. at t. rowe price, we ask smart questions about opportunities like advances in healthcare and how these innovations will create a healthier world tomorrow. better questions. better outcomes. 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. (tony hawk) skating for over 45 years has taken a toll on my body. i take qunol turmeric because it helps with healthy joints and inflammation support. why qunol? it has superior absorption compared to regular turmeric. qunol.
10:15 am
the way i approach work post fatherhood, has really trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families like my own. in the average household, there are dozens of connected devices. connectivity is a big part of my boys' lives. it brings people together in meaningful ways.
10:16 am
♪ ♪. stuart: let's bring you up to speed on what's happening and where, at the moment the trump is in the white house with the bidens they are pretty inauguration t, shortly they leave the white house and head to the capital for the swearing-in ceremony. aishah hasnie joined us this morning. it is freezing there today, really freezing what is inauguration ceremony going to look like indoor. >> holland warm and comfortable for everyone attending quite a few people at the capital even though it's been moved indoors in all the thousands of people who had tickets for outside won't be able to attend, there's quite a few hundred that are here, 602 philip the capitol rotunda we are watching the live camera feed of whose filing and
10:17 am
we saw nordic leader mitch mcconnell walking with his wife elaine chao and were waiting to see who else walks in we will see the trump family sitting inside of the rotunda people who had tickets to the platform and it was originally outside we will see the tech ceos as well and perhaps new york city mayor eric adams with a last-minute invitation this morning from the trump transition team and he accepted the invitation. he is presumably on his way if not here already. we are also told there will be a vip group and that would include kevin mccarthy and potentially house speaker john, use either another former house speaker on the screen if we have the camera pulled up, quite a few vips and names that will see today. in the meantime their opening
10:18 am
the hall which is a large room, they open that up for the spouses of the lawmakers next to their significant others. a lot of folks are filing in there as well including other people who had tickets i no longer be right in front of the president. they're trying to do the best they can and pack as many people into the capital as possible while giving all of us at home a peak of what's going on as well. more to come but everybody's getting comfortable in taking off their coats because it's a lot warmer in here. stuart: thank you very much indeed, you stay warm. moments ago i noticed jeff bezos and lauren sanchez arriving and walking into the building. trump is expected to sign around 200 executive actions today, stephen moore joins us, to be the most important executive order about energy and the export of natural gas, trump can do that quickly and easily
10:19 am
enrolled make an enormous difference to the energy picture, what say you. >> i agree i don't know if that'll be the most important thing but it will be on my list of the top five most important things that need to be done we should be exporting our national gas in producing a lot more of it. it's so interesting to think that four years ago do you remember what joe biden's first executive order was do you remember what that was. >> i remember you told me. >> it was killing the keystone xl pipeline, remember that. it set the tone for the whole the administration that he was going to be anti-oil and gas in american energy. you're exactly right it's a high priority i agree with scott benson the incoming treasury secretary that we can produce 3 million more barrels a day in the price is $80 a barrel $260 million each and every day
10:20 am
that we could be producing in less money abroad and we have to build up infrastructure build the pipelines in we need lng terminals so we can export the stuff we need refineries we should be building nuclear power plants i talk to trump about that he's in favor of nuclear power and all of the above energy strategy to make america energy dominic. stuart: what you make of the wall street journal story this is no tariffs on china on day one of the administration, does that sound promising that a deal will take place. >> let's not forget donald trump is a great negotiator of all time, his book is "the art of the deal" he understands and he was quite good when he was president in the first four years. a lot of the tariff talk will be about strategizing and getting other countries to do things that the americans interest in the a lot of rumor of ten or 15%
10:21 am
across-the-board tariff, i don't know the details will find that out in a few hours. i'm not a terrorist guy you've known me a long time i'm not a big fan of tariffs i'm a free trade guy but if you can use it to gain leverage to promote the national security and economic security that i'm all for it. stuart: you're looking at some of the political and cultural celebrities arriving at the rotunda there's vivek ramaswamy and we saw hilary and bill. elon musk spoke for trump's d.c. rally, listen to this, role it for a looking forward to making a lot of changes, what matters going forward to make significant changes and submit those changes and set the foundation for america to be strong for a century forever.
10:22 am
i make america great again. she. >> steve big tech is well represented at this inaug inauguration, they donated millions to the inaugural fund, what do they get out of this? >> by the way was not elon musk i could not see the picture and the fact that he had all these technology guys whether zuckerberg, jeff bezos, elon musk all behind him, we have seven companies in this country that are amazing they have created so much for our 401k and millions of americans in totally dominant in the technology spectrum, the magnificent seven have more net value than all the companies in europe combine, trump and i want to see america
10:23 am
continue with the domination of the tech sector in robotics coming nai in trump is a pro-business president. that's a hard stop right there, pro-business and that will do a lot to encourage more hiring and investment and it will make america great again. >> i can pick up the excitement in your voice, your going to have a great day. >> i'm goosebumps i was so excited. people are joyful, their hopeful and even democrats. >> it's okay to be proud of being an american again, how about that, steve moore you're alright. deportation drilling, pardons and tiktok on day one agenda. can he get it all done, will schumer stop him. president-elect trump and gaillardia will head to the capitol rotunda whether ceremony
10:24 am
will begin inauguration day continues. ♪ ♪ in any business, you ride the line between numbers and people. what's right for the business and what's best for everyone who depends on it. solving today's challenges while creating future opportunities. it takes balance. cla - cpas, consultants, and wealth advisors. we'll get you there. ruri: ichi, ni, san, shi... (1,2,3,4 . . )
10:25 am
ruri: ichi, ni, san, shi... (1,2,3,4 . . ) hina: ichi, ni, san, shi... (1,2,3,4 . . ) akari: ichi, ni, san, shi... (1,2,3,4 . . ) others: ichi, ni, san, shi... (1,2,3,4 . . ) others: ichi, ni, san, shi... (1,2,3,4 . . ) (♪) (♪) you were made to chase your passions. we were made to put them in a package. ♪ 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.
10:26 am
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. i'm thinking of updating my kitchen... ...thinking of redoing our kitchen. ...we are finally updating our kitchen. for all those people who never seem to get around to it... —...a breakfast nook. —chase has financial guidance. let's see how you can start saving... —really? —really? at home or in-person. that's guidance from chase. after last month's massive solar flare
10:27 am
added a 25th hour to the day, businesses are wondering "what should we do with it?" bacon and eggs 25/7. you're darn right. solar stocks are up 20% with the additional hour in the day. [ clocks ticking ] i'm ruined. with the extra hour i'm thinking companywide power nap. let's put it to a vote. [ all snoring ] this is going to wreak havoc on overtime approvals. anything can change the world of work. from hr to payroll, adp designs forward-thinking solutions to take on the next anything. this is clem. clem's not a morning person. or a night person. or a...people person. but he is an "i can solve this in 4 different ways" person. and that person... is impossible to replace. you need clem. clem needs benefits. work with principal so we can help you help clem with a retirement and benefits plan that's right for him. let our expertise round out yours.
10:28 am
stuart: you're looking at the doors to the white house on the left-hand side were waiting for president-elect donald trump and joe biden to leave the white house they will be on their way to the capital. lucas tomlinson is already on capitol hill. i have been saying the political elites arrived as guests, who have even seen. >> that's right good morning on inauguration day is not just political elites but tech titan use alton cook and mark zuckerberg arrived and were waiting elon musk and we also saw former vice president mike pence along with president-elect family, don jr. and barron trump and yvonne clark, jared kushner, former president george w. bush and his family arrived and for an hour and a half away were
10:29 am
president-elect donald trump to be sworn into office to cap what many consider to be the greatest political comeback of all time. a lot has changed at the capital since the first inauguration, the first one george washington is up in new york in 1789, the first one in washington was thomas jefferson 1801, the first one on the east was andrew jackson of course in 1829, the first to have that in east portico every president since has came to the east portico until ronald reagan he went to the westside the first one in 1981. the first inauguration was held out here in january and 1937. alexander hamilton wrote the federalist about the energy of the executive and there's no question that president donald trump will bring the energy to the white house especially with the 200 executive actions that
10:30 am
we are expecting in the next few hours and were waiting for the departure of joe biden after he leaves marine one and they will fly him to the air force base where he will go to california. stuart: we hear you, thank you, continues in washington, trump will sign 200 executive actions today. bret baier joining us. can senate minority leader chuck schumer slow him down or stop him? >> good morning, no. executive actions will have their own power. outside of legislative power in chuck schumer does not have the votes even if you tried to to get something passed. obviously a lot permanent changes in the permanent changes have to come with legislative action. that will take time likely a few months before one beautiful bill
10:31 am
in trump's words will come out of congress but these executive actions will cover the gamut, they will be very focused on the border, there will be dei aspects intaking regulations for businesses and cutting back some of the green executive orders that were on the beginning of the biden administration. >> we just heard from aishah hasnie that tomorrow in mr. trump be president trump and he will be meeting with house and senate republicans no doubt to speed up the progress of all the action that he wants to take in congress. he's getting right on it immediately. >> as executive actions and orders will be signed right at the moment after he's going to sign some in the capitol rotunda and some capital one arena where he's viewing what's remaining of the parade and he will sign at
10:32 am
the white house but the meeting with the house and senate leadership, republicans that is to make sure everything is on track legislatively that's what that requires if you deal with the tax situation before the end of the year. stuart: any moment president-elect trump and president biden will emerge from the white house and get into a limousine and head towards capitol hill, they will travel towards the same vehicle when he is like to know the tone of the discussion were what they talked about over tea will we get any indication of their relationship? >> i think it's like their meeting at the white house after the election, president-elect trump called it cordial in a good discussion. it is not campaign talk it is much more personal and knowing these two men in the personal
10:33 am
sense i think they probably have a nice chat on the way to the capital. stuart: biden announced 11th hour preemptive pardons for general mark milley and doctor anthony fauci in members and staff of the january 6 select committee. i believe the left-hand side were about to see the president in president-elect emerge. that is the vehemence and vice president harris emerging together and we will see the first lady and first lady elect they have emerged already they got into their limos and heading towards the capital, vice president harris and vice president-elect on the same thing. i want to ask about the pardons, what does that do to biden's legacy? >> he used the pardons and commutations more than any president we can remember looking back in history. exponentially more in the preemptive pardons raise a lot
10:34 am
of questions some of these people like adam kinzinger and others have said i don't want it but they take it today as the january 6 committee is one of the list as you mentioned but it does bring questions about his use of this at the end not only for his son but the preemptive pardons that is a blanket that covers them no matter whatever happened. stuart: were just seen speaker johnson arriving. it's a political elite the cultural delete and technology will elite on the left-hand side of the screen waiting for the swearing-in ceremony. bret baier, thank you a for joining us requited a. we will see you later. it is history it's great to sit back and watch it, real privilege to sit back in my seat and watch history unfold and i think the same as for you.
10:35 am
trump is a busy week he said to me without and senate and then descended to los angeles to survey the fire damage. it is friday in los angeles. >> will likely be the first official trip outside of d.c. as president of the united states, he said i intended to go already but i thought about it let me wait a few days ago be more effective as i go as president, the governor of california gavin newsom has invited him he said view the devastation and obviously he wants disaster relief approved but trump they want policy changes in california as conditions for the money. stuart: we've also been told president trump wants to go to china he told his aides he wants to go to china to meet with xi jinping but we don't have any confirmation when he will actually go but everything is moving. >> no basement strategy this is a transparent all above
10:36 am
presidency. >> there is the assembled if i say the high and mighty i don't mean to be the majority but that's what they are the elite of our country assembled to hear the swearing-in of the incoming president, rich antennas at the white house, let's go through the executive actions if you c can. >> there's a lot he's expected to sign later on today after he takes the oath of office as the president of the united states. a number of executive orders when it comes to immigration and energy and diversity initiatives within the government. it's been a busy day for both president of the united states, president biden signed the pardons for anthony fauci, doctor mark milley and liz cheney argued they did nothing wrong but concerned the new administration will target them. in incoming white house officials as the next president will sign executive actions to deploy armed forces to the border and build the border
10:37 am
wall. also on immigration the officials say the 47th president will in the catch and release and reinstate remaining mexico were migrants claiming asylum at the southern border will have to weigh in mexico for an immigration judge to hear their cases that was the case under the first administration president biden ended it in trouble bring it back orders designating cartel terrorist in asylum and birthright citizenship more aimed at unleashing american energy as incoming administration has called it in ddi initiative within the federal government all told more than 200 actions, the transition team has set up a desk i capital one arena in downtown washington, d.c. between the white house and the capital, that is what trump all his raleigh last night. many of the executive orders will face court challenges but a lot of the initiatives for the 47th president have to go through the congress wherefore him he's got republicans and
10:38 am
control the house in the senate the narrow majority in both chambers. >> thank you very much the president and the president-elect emerge from the white house there climbing into the limousine now and as i often say they will be together in the same limousine traveling towards the capitol rotunda for the swearing-in. they looked a little grim as they came out of the meeting it did not look terribly cordial but that's not something you really willing to get into at this point, the meeting last longer than expected they were supposed to come out of the white house at 1025. is not 1037 so the behind schedule, they have to drive to capitol hill and that's in the ceremony will begin. more "varney" on this historic day after this.
10:41 am
- [female narrator] around the world, 5 billion people lack access to safe surgery. children are suffering from treatable causes.. ..living with conditions many have never seen. for more than 40 years, mercy ships has deployed floating hospitals with volunteer doctors who give their time to provide the free surgeries these children desperately need. - i feel like my reason for being here is driven bylove . i think it is the love that changes the patients first. - [female narrator] join us by calling or going to mercyships.org now. $19 a month will give children and families the hope and healing they never thought possible. and turn lives of pain... into futures full of potential. it's a mission powered... by love . made possible... byyou .
10:42 am
call the number on your screen. or donate now at mercyships.org. (♪) (♪) 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
10:43 am
>> interesting nugget when president-elect trump arrived at the white house and was greeted by president biden, president biden said welcome home, i think you were doing lip reading but he did say that. >> welcome home maybe it was as frosty as we suggested. president and president-elect on the capital they will arrive in just a few minutes, what is the secret service doing to secure an indoor inauguration. >> security is at an all-time high whether outdoors or indoors, the department of homeland security has designated this inauguration national special security event as a whole government job with thousands of officers from dhs, secret service, d.c. police, capital police and the national guard on duty they held oppressor to discuss a new
10:44 am
indoor plan and outside concrete barricades non- scalable fencing around the capital fox reports of a geo- fence to gm any nefarious communication or drone end of course on the lookout for any loan actors. stuart: don't see that many people on the streets to welcome the president-elect. it is extremely cold, the temperatures in the low 20s and i believe it feels like 15 or 16 degrees is extremely cold, and a fox news op-ed senator bernie sanders has shared his plan for the trump presidency, tell us more. stuart: he will work with trump, senator sanders gives three examples of where they can find common ground he says i look forward to working with trump on legislation that within the absurdity of america's pain the highest price for prescription drugs, president trump stated he wanted to cap credit card interest rates at 10%, let's do that and new trade policy he
10:45 am
says will protect american workers and create good paying u.s. jobs this is where senators will not work with president trump at the mass deportation of what sanders says are 20 million people in this country many who have lives here he wants a federal minimum wage of 725 raised indians by saying i will vigorously oppose him when he represents the need of the billionaire class. >> trump and sanders populace pitch are appealing to americans who are frustrated with the status quo. >> i look forward when we can ignore socialists, were almost there. >> may be summer getting on board. >> trump is set to issue an executive order restoring tiktok, there's the news a lot of people happy about that. edward lawrence at the white house what did trump say about it. >> president-elect trump says he
10:46 am
wants to save it almost in inauguration during negotiation playing out at this inauguration and in public the u.s. supreme court ruled the law banning tiktok was valid the biden administration signaling and would not enforce the law leading to president-elect trump and now he says the 90 day extension to work on a deal, listen to this. >> i said i will approve but left the united states of america own 50% of tiktok i'm approving on behalf of the united states so they will have a partner, the united states and they will have a lot of bitter. >> president-elect trump plans on sunday the tiktok order another one with the national emergency and he will sign a memorandum on inflation making a whole government approach to lower cost as the president is coming to the capital area, listen to this.
10:47 am
>> 's under present electron pulling into the area he will make a left turn into the capital, fox news polling two in america want president-elect to focus on immigration, deportation as well as economy, jobs closed behind them and democrats are starting to come around to this, senator bosco was from florida democrat saying they should find common ground with president-elect trump and very selective in their resistance of him but where they can agree they should try to agree as you're watching the beast turn into the u.s. capital area you would go to the front of the capitol steps and you would see the russell building as he comes through security we will send it back to you in new york. >> thank you very much, that's a president motorcade in the president-elect pulling up in front of the capitol building
10:48 am
where they will go in and start the swearing-in ceremony moments from now getting out of the limo very shortly. i want to bring a kevin o'leary he's joining me i want to talk tiktok emitted 20 billion cash offer for tiktok what was the response. >> the result we learn something unique about my dance last night lately afternoon. the order after 270 days midnight after last night i'm going to go through the technical situation as per the law and what was quite surprising lindsey graham put out a tweet or a post on x specifically about something called a secret golden share held only by president xi himself, super control of any chinese company and their force the issue the secret golden share, no shareholder bite the,
10:49 am
not the ceo, no management none can negotiate a deal unless they have the secret golden share. this may be a big surprise and it certainly was for me and any other investor in chinese company they are subject to the holder of the secret golden share. i went think the contraband of your security law if you listen on the new york exchange or nasdaq or any other exchange and rumor has it in washington that lindsey graham will be launching a bill on this very shortly. were learning so much to the tiktok situation there is no deal this is in trump's hands and it will be his deal. unfortunately the option to extend 90 days is not currently in existing law that will have to be modified by congress in the option to have any chinese ownership is not permitted by the 19 backs 0 supreme court order. our hands are tied as buyers and
10:50 am
we will have to abide by the law unless president trump is able to change it. stuart: i'm just watching the left hand of the screen, president-elect and president arriving together in washington, d.c. in the regular capitol hill and the swearing-in ceremony now move forward and be greedy people on the way, can we listening maybe there is some sound. >> good morning how are you. >> good morning everybody. >> president trump how do you feel. >> president biden. >> i'm not sure i can hear exactly what president biden said someone shouted how do you feel mr. president.
10:51 am
>> he said well one word. >> look at google ceo sundar pichai and elon musk. let's follow the progress, what you got sundar pichai and elon musk, big tech is well represented isn't it. >> yes, absolutely it's very interesting it's a wonderful day other than being bitterly cold were celebrating the transition of power and everybody is pretty excited. stuart: i did not see many people on the streets as a president-elect approach capitol hill maybe because it's cold and maybe they're waiting for him in the capitol rotunda but so far a number of people on the streets it is extremely cold. >> i would say if you stand on the street for more than ten
10:52 am
minutes you will not have any children that's how cold it is. stuart: a nice note of lever to put in their. i want to get to one thing speaker of the house mike johnson said biden forgot that he sign the natural gas export, listen to the sound from speaker johnson. >> the lng exports to europe and he looks at me stunned and he said i do not do that and i said mr. president yes you did it was an executive order three weeks ago he said i do not do that and he was arguing and it occurred he was not lying he genuinely did not know what he signed and i walked out of the meeting with fear and loathing because i thought were in serious trouble who's running the country i don't know who put the paper but he did not know. >> that serious stuff the president didn't know that ebay unnatural export of natural gas.
10:53 am
i don't know whether he heard that or not, i do find that incredible, the president of the united states did not know. >> i did hear that but that policy has been damaging the industry may expected to be reversed very quickly in addition i also here in washington that impose tariffs on canadian energy may be waived temporarily until trump chance to analyze it because in washington we've got representatives from the canadian industry, daniel smith, alberta you met on your own show, she is here to make sure that the oil keeps flowing between the country with the negotiation starts so there's a lot happening while this inauguration is occurring in a lot of business be done.
10:54 am
stuart: i'm watching the celebrities from the political world inside of america arr arriving. if you been covering politics for the last ten or 15 years you will notice a lot of the faces, i see vivek ramaswamy in the packing order they're all in various positions around the central swearing-in, cabinet members rfk junior in sundar pichai is there, bergman, pete hegseth, pam bondi, walz, there he is in vivek ramaswamy all lined up, let's see how much we've got i'm trying to count them all everybody who's anybody in the political world is there as we speak.
10:55 am
>> brian brenberg joining us what you make of what you seen so far. >> this is an exciting day that's the first thing i make of it you look at the folks standing there now your naming some of them. >> you doing a great job i was doing it with you. >> i saw kristi noem, that is trump's 18 i located team of the second half of the game and yet the starting quarterback back on the field your view starting lineup back on the field better than ever before, that's where the enthusiasm around d.c. is palpable on a cold day it is crazy and yet they are there and there pumped up for what's happening right now in the rotunda. >> everyone's waiting to see what's in the executive orders that are about to be released the markets are closed is mlk and the markets are closed but
10:56 am
there's a lot of excitement of what happens tomorrow and happens that jason katz joined us in the second new york city are weakening a renewal of the trump bump tomorrow when the market reopens with the executive orders revealed. >> like brian said the enthusiasm is high palpable you can cut it with a knife i don't know what tomorrow brings but i know that this president will hit the ground running, i think you're looking at the most pro-business environment of our time and as a result those that let their political persuasion get in the way of investing are making a big mistake. the market cares about earnings and inflation in the fed and they care about the economy. with the pro growth in deregulation in the lower taxes there is a reason to be excited. stuart: it is strange the market went straight up in 2023 in 2024
10:57 am
and the left of center administration was in power in the market went straight up if you invested according to the political principle a conservative would've been out of the market and lost a lot of money. >> by the same token when trump got elected the first go around all the people that pooh-poohed what he brought to the table left a lot of money on the ta table. stuart: do you think will do well in 2025 with trump as president. >> when the enthusiasm dials down in the rubber meets the road i think earnings will deliver and that will be driven by not only the pro-growth policies but all the benefits will extract from a.i. we haven't even scratched the surface. >> kevin o'leary before we close out the 10:00 o'clock hour i'll give you the last minute what you have to say. >> i'm excited as everybody else because of three things number one deregulation that has so
10:58 am
much impact on small business in america were 62% of the jobs are created. number two a much stronger voice coming out on the u.s. in terms of foreign policy a cop quite intense and anticipate correction to that which is good for everybody and lastly the implementation of tariffs will be done in a more methodical fashion so those that are concerned about hyperinflation around tariffs might not be as concerned as we see these coming into places trump is doing what he does well negotiate and tariffs were the beginning of that india may take a pause in some countries. stuart: great to have you, see you soon, jason one more time we have the wall street journal story suggesting there will be no tariffs imposed on china on day one of this administration
10:59 am
pausing the terrorist were negotiating something here. >> i think that is a positive yet the leader of china invited but not necessarily showing up the branch has been extended in the world on high alert that this president means what he says and says what he means, i do think it is a positive. >> i'm watching what is going on on the screen it is absolutely fascinating. mark zuckerberg with his back to you, to his right rfk junior you talk about the guy who controls so many challenges of communication to the poster child of misinformation on the same dais or whatever you call that how amazing with sean duffy to his left and bezos out front this is like the beatles in some
11:00 am
ways the cast of character that you never expect together and there they are what are they motivated by, there motivated by something we haven't talked about this country for a long time which is unbridled freedom again to speak in do, how good is that. >> is coming up 11:00 o'clock eastern time monday january the 20th it is inauguration day, very soon donald trump will take the oath of office for the second time to become the 47 president of the united states. then you will have remarks from inside of the capitol hill return., today is martin luther king jr. day, the market is closed. now this. it is almost over, joe biden's four years in the oval office is winding down the presidency has collapsed, for trump the inauguration marks the greatest political comeback in generations, biden and trump what a contrast for years ago trump skippe
0 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on