stuart: doing my best to avoid

the streets of new york today because the temperature is down 8 or 9 °. it is cold, sports fans. 10:00 eastern, let's get to the money still seeing some green, dow up 120, nasdaq up 247, big tech, amazon hit an all-time high. all tech stocks are up, even apple up $0.50. microsoft up 3%. the tenure treasury yield still under 4.6%, the price of oil coming down today to $75 a barrel in bitcoin at one hundred 5, now it's one hundred 4. this just in. we are learning donald trump and three house gop members will meet at 1:00 pm today. it will be with don bacon, new york otterson and mike lawler and pennsylvania congressman brian fitzpatrick. all from districts that vice president harris carried. now this.

someone has to clean up biden's border mess and trump is the guy to do it but not just the border he is tackling. it is all aspects of immigration. radical reformers in the air. take this order on birthright citizenship jazz long as i can remember if you had a child who was born in america that child was an american citizen. regardless of the parents immigration status. that is over. trump's order would refuse to recognize the citizenship of children born in america to illegals. that's a big change and there is the cbp one apps. sounds complicated but is not. illegals use the apps before they get to america to arrange a court hearing to consider their simon requests. then we fly them in was that was biden's way of cutting down the flow but all it did was make it easier to get here. it was a trick to make it seem the border was under control. it is gone. it has stopped working.

that is when an illegal immigrant sponsors their relatives to come over and establish a chain and they sponsor more relatives, vastly expand migrant numbers. we don't choose who we want until migrant has self selected. and consider the wall. get rid of birthright citizenship, if he can be back court challenges, immigration, looks very different. second hour of varney just getting started. look who's here. liz peek. is trump able to clean up the mess biden left the border?

liz: he will try hard. let's talk about a couple of these things. birthright citizenship, number one it fosters a tremendous amount of birthright if you will tourism, tens of thousands of people particularly chinese come here intentionally to have children, spas set up to take care of pregnant women so they can drop a child here and it is a million-dollar child. that passport that child will be able to get is worth endless amount of money. it is another enticement for people to come into the country illegally. this should get, we should be getting rid of this. no the developed, and people under the jurisdiction, involving citizens. and under the jurisdiction of the united states.

it is a court case, they've already been sued but this is very clever. putting that out there. with those the ppf. people coming in illegally, it has been running we are seeing a change. everyone running into the corner talking about birthright citizenship and close the border. smart move. stuart: here's your op-ed, they have no idea what to do. >> they have no leadership. and they talked about each other. chuck schumer is so desperate to stay relevant, that is

making everybody and the approval ratings, down around 33%, the worst ever. if you look at affiliation, americans are more affiliating with the gop and republican leaning independents then democrats, third year in a row. that has never happened before. this is a seachange for the democratic party and if all they do is resist a popular president who won the popular voting doing things everybody wants to see happen like controlling our border, they are going to be in big trouble for a while and i hope that is the case. stuart: thank you very much. the trump administration launched a crypto task force.

>> regulatory clarity. and it is what the task force promises to do. we look forward to working with hand-in-hand with the public to foster a regulatory environment. the crypto industry is celebrating the move especially after years of frustration under former sec chair gary gensler who is seen as an enemy of crypto currency and been replaced by acting chair who contrast on this for digital currency is from the previous administration. >> a lot of work on regulatory excesses at the sec and other administrative agencies.

there are a lot of new rules and regulations that were rolled out. a lot of unintended consequences many of which will need to be addressed. >> the president and first lady are in the crypto space themselves launching meme coins right before the inauguration. trump's plummeted after he said this. >> i don't know where it is an don't know much about it other than i launched it and i heard was very successful. where is it today? >> still made a lot of money off of that. investors are optimistic about this new era of crypto. crypto is down from its inauguration day high but as you pointed out at the top of the hour well above 100,$000. stuart: thank you. in your opinion, what would be the ideal way to regulate crypto? >> two things. the sec has to get clear rules in place.

i think it is not a security and investors continue to hold that asset. there's another plethora of assets that exist in the market and people want to know are these securities? how should they be treated? not only regulation which the crypto task force is focused on but what can donald trump do to push this forward. 50% of his net worth is in the crypto market and he's paying attention to this but there's three things. they can repeal sab 121 which allowed banks to be more safer people, the second thing is establish a strategic reserve in have the united states government by in bitcoin in the market. the tax treatment of these assets with goods or services by bitcoin even notice a currency you pay capital gains tax so removing those three things would be a tailwind for the industry as well. stuart: are you a fan of the strategic bitcoin reserve? the government starts buying it up goes the price. >> the price will go up but the more important thing is the us government currently holds a lot of gold, many central banks

around the world and bitcoin's pristine collateral, gold with winged is so the united states government buying bitcoin is a big the upper the united states today and the future health of the united states, having a set like this in its reserves. one of the most important parts of the strategic bitcoin reserve is it would signal to the rest of the world this asset has arrived. donald trump campaigned as the first bitcoin president and establish the strategic reserve. blue on on the trump coin has annoyed a lot of people because he is competing with established crypto. they don't like it. >> the stock market, trades at $7 billion market in $4 million revenue and this is a continuation of there's a lot of people who say bitcoin is king of a market. the question is if you were going to establish the reserve you don't want to announce it because you tipped your hand.

you buy it and tell everyone you did and there's a lot of disappointment right now that he didn't do an executive order on day one but the government is buying bitcoin and they will announce it. stuart: donald trump announcing a multibillion-dollar ai infrastructure project. >> these technology giants are announcing the formation of stargate through new american, very rapidly. 100,000 american jobs almost immediately. stuart: keeping america in the lead nai. does this do that? >> america is the major leagues of capital markets which everyone wants to play. the us is the leader, to silicon valley and the best companys and technologies.

a lot of investors have been saying what are they going to try to use regulatory capture to have challengers or will you let the free market rain. i'm going to deregulate, allow entrepreneurs investors bring their capital here and 48 hours into the presidency there's been $3 trillion of capital investment, sam altman and many others, we are all in under this. something to pay attention to. stuart: thanks for joining us, back to old manufacturing, ford motor company down 3%. >> ford is carrying too many cars and slow to narrow the cost gap meaning it is still very expensive to make their cars versus what they can get them for.

i am surprised, they reported softer revenue, forecasting for 2025 soft demand in north america. stuart: the renewable energy spinoff. >> there was a weak spot and it was the wind turbine sales fell. they expect to follow little more after the executive action. stuart: it donald trump taking questions from of the media and not holding back. >> listen to me, stop interrupting. we won this election in a landslide because the american public is tired of people like you that are just 1-sided. stuart: don't you love it? what a contrast from the biden years, all over this one. the art of our dealers back,

trump reportedly pushing for an early renegotiation of the trade deal with canada and mexico. the trump administration targeting the worst first. >> donald trump is clear we are concentrating on the worst first, public safety threats and national security. stuart: lieutenant chris olivere the next. ...this year, we are finally updating our kitchen... ...doing subway tile in an ivory, or eggshell... —cream?... —maybe bone?... don't get me started on quartz. a big big island... you ever heard of a waterfall counter?... for everyone who talks about doing that thing, and, over there. but never does that thing... a sweet little breakfast nook. chase has financial guidance. let's see how you can start saving to make this happen. —really? —really? really. at home or in-person. you could also check out a chase money skills workshop. that's guidance from chase.

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stuart: how did the sanctuary city movement began and how can

trump get rid of their sanctuary status? tell us how it began. >> reporter: the birthplace of the free-speech movement is the nation's first sanctuary city, berkeley, california has been shielding conscientious objectors, asylum-seekers and illegal immigrants for decades. it began in 1971 when berkeley gave safe haven to a group of american sailors who didn't want to be sent to vietnam. >> they did not want to be deployed for combat so they sought safe harbor in berkeley. that leads the city to pass the first sanctuary resolution. >> reporter: a decade later religious leaders protected people they argued were fleeing political persecution in el salvador and guatemala but the federal government said were economic refugees. after that berkeley's into a model took off.

san francisco, los angeles, new york, chicago and other left-leaning cities began to adopt policies reducing or prohibiting cooperation with federal immigration officials. city leaders i said it was a way to foster trust with local law enforcement and assure immigrants wouldn't be deported. with donald trump vowing mass deportations berkeley is once again at the forefront voting this week to reaffirm its sanctuary status and seal its far reaching legacy. >> we are a nation of immigrants. this resolution i hope reiterates our commitment to our immigrant community in berkeley. >> reporter: that was that the city council meeting last night and today, 560 cities, counties and states in the united states past sanctuary policies in defiance of federal immigration law.

stuart: thanks very much indeed. let's bring in chris oliveres. have a deportations begun? >> in texas we pretty much have texas secured. we haven't seen as far as mass deportations in the state of texas, what we've been able to do the last four years with operation lone star with state troopers and national guard, and the governor has taken action and continues to take action and prioritized the security of our state. i expect to see deportations and other cities and communities like chicago, california, those who crossed illegally don't want to stay in texas. they are going to sanctuary citizen state and other communities. we are seeing mass deportations starting to begin. at some point we are looking for criminals and public safety threats and getting them moved as soon as possible. stuart: take a look at this,

trump's border executive orders on day one, quite a long list. have you seen any change on the ground yet? >> sis, getting border crossings down 47% since january but one thing i will say is one thing we've seen a change in is the cvp one apps, out ports of entry, they've been completely captured rightfully so, 900,000 migrants that were released through the cvp one apps and that was because the outgoing administration had negative optics. what better way to conceal and process and release them into the country so we have seen that and it will be very effective as it slows the flow of people making their way to the border. stuart: thanks for joining us. see you again later. donald trump wants to

renegotiate the trade agreement with mexico and canada, is this about car manufacturing back to america? lauren: in a big way that is part of it, he wants to shore up us auto jobs, counter the influence of china making inroads in mexico so that is why trump wants to renegotiate the deal he crafted one year early so instead of 2026 when it was set for renegotiation. the us mca, $2 trillion of trade in three countries, mexico's president, this is what we are getting from the minister's office, canada's decades long partnership with the united states is mutually beneficial. we are working to strengthen collaboration. to benefit the citizens. the threat of tariff, into or 3 weeks and when there's tariffs

there's retaliatory tariffs. joining us this morning senator bernie sanders is going after billionaires regardless of party. >> both parties receive a lot of money, fewer billionaires like musk and others contribute a huge amount of money. stuart: they are just terrible, those people who are rich, he didn't stop there and we will bring the full tape to you. the new york times claimed trump wants to unleash energy as long as it is not wind or solar. we will get into it next. ♪

stuart: we've got plenty of green, dow is up 120, nasdaq up 145. you are looking at movers.

nuclear energy company going straight up. ashley: many energy companies getting a boost from trump's ai infrastructure amounts, $500 billion investment to build those ai data centers. what do they need? power. the energy secretary for trump, the nominee by donald trump thinks nuclear energy is the way to go in the long term. a lot of those stocks moving higher. 3m getting a boost from wells fargo after the earnings report, one hundred 48. wells fargo like getting the company's improving margins when they are deploying cash, stock up 1%. stuart: look at this headline.

trump wants to unleash energy as long as it is not wind or solar. the chief executive of the american petroleum institute mike summers, is that headline accurate? >> what america needs right now is reliable energy. last report on ai, we need more energy in the future, 10% more energy per year for the next 10 years just to supply data centers and ai. where will the energy come from? it will come from natural gas, wind might make sense, solar might make sense in other places but the truth is natural gas makes sense everywhere. stuart: donald trump says he will create an economic boom by expanding energy production.

>> effort to bring down the cost of daily life and energy magnificently bring it down. when energy comes down generally speaking when energy comes down everything else comes down, the price of food and everything else, that is the big baby and we declared a national energy emergency to drill baby drill, a term we use, drill baby drill, like never before. stuart: can you make the case in the cutting the case of energy results in price cuts across the board, can you make that claim? >> no question that is true. energy is 8% of american gdp. it is the first 8%. the whole rest of the economy relies on reliable energy and most of the time is provided by oil and natural gas.

if we can produce more in the united states, resource-based in the united states is huge. we can produce for decades to come to supply american consumers for energy security and national security. stuart: biden's energy policy has been completely upended. 48 hours. did you see that coming? >> that is what donald trump promised. what i will say about the biden energy plan is it was very shortsighted and what donald trump is done on the first day will make a world of difference for american consumers but only part of what has to be done. the truth is congress needs to step up to the plate and ensure we have regular lease sales on shore and off, ensure that we have a durable energy policy, tax policy that makes sense are growing energy sector. congress has to take the baton and run with it. stuart: the only reliable

energy is fossil fuel and nuclear. >> we are going to need more of them in the future because we need a lot more energy and reliability is going to be the bitcoin of the realm for the american economy. stuart: thanks for joining us. you are in the middle of an important subject. senator bernie sanders went after billionaires on both sides of the aisle. ashley: the superrich are part of the current political system that creates oligarchs. mr. sanders explains. >> there is no debate, we've seen a lot of money from billionaires. this campaign what we saw is fewer billionaires like musk and others contributing a huge amount of money, democrats had more billionaires contribute in less but that is a corrupt campaign finance system. you get one vote. a billionaire can spend hundreds of millions of dollars

electing candidates they want which that's not democracy. that is part of oligarchy. people with that much money should not have that much power in a democracy. that's the issue. ashley: sanders claims wealth inequality in the us will get worse under trump and a republican-controlled congress with more tax cuts for the ultrarich and large corporations. sanders, who owns three homes with a net worth of $2 million, who knows? may be he will prosper under donald trump as well. stuart: thanks, trump brought back, listen to this, brought back the diet coke button. good morning. taking a look at trump's diet. i'm fascinated. lauren: it consists of fast food, overcooked steak and as much diet coke as he can summon. a fascinating diet, i don't

think it is what doctors recommend but doing the job for him so break it down for you. i know you are curious. donald trump skips breakfast but when it comes to lunch and dinner he loves his mcdonald's. 's favorite orders are the filet of fish sandwich, big max, quarter pounder and french fries. he will occasionally stray and get kfc fried chicken or pizza. he loves his fast foods so much he got rfk junior who is on his mission to make america healthy again each mcdonald's on the plane. that was an iconic, all of this is washed down with good old diet coke, his favorite drink. he does have a famous diet coke button that allows him to call for it when he has a coke craving. was on his desk her term one and it is back for his second term. it must get him going because he does not drink alcohol. in part because of family history with it so he has steered clear.

to burn off these calories his favorite hobby is golfing. we also know he enjoys posting on social media, watching cable news, they don't get rid of as many calories but i want to say if you see this, the issue i take most of fence with is how he likes his steak cooked. he gets it overcooked, well, well done and enjoys his steak smothered in catch-up. stuart: do you know of any other president who would admit to a diet like that? >> definitely not. stuart: he is doing all right. and a credibly energetic guy. madison: we've seen of the first two days and it will continue. stuart: thank you. trump's cabinet taking shape, marco rubio getting to work at the state department. we tell you about his message to the world outlining sweeping change. four israelis stabbed in the terror attack in israel. is the cease-fire on shaky ground. trump's nominee for us ambassador mike huckabee on

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stuart: the dow is up 108 points, the nasdaq up 272 points, one. 3%. that a rally. in tel aviv four israelis stabbed in a terror attack. trey yingst is there. tell us about the assailant please. >> reporter: overnight four israelis were wounded in a stabbing attack in tel aviv. the attacker approached an outdoor wine bar, started the stabbing and was chased by bystanders and ultimately killed near the scene. the team was down the street as the attack unfolded. >> a stabbing attack in tel aviv in the central part of the city.

you can see in the distance, first responders, first-aid. >> we are learning more about the man's identity, a us green card holder from mill walker who was briefly detained for questioning at the airport in tel aviv, living in the united states before then. the second stabbing attack in the city in three days amid a shaky cease-fire amid news that is relapse chief of staff is redesigning amid failures that led to the october 7th massacre. he submitted his resignation yesterday and his defense minister thanked him for his service and said he will look for a replacement. israeli forces are continuing their operation into the west bank city targeting hamas sales there and there is concerned this could lead to more

attention as relates to the cease-fire agreement. stuart: three israeli hostages were released, the first of 33 how masses expect it to 3 in the first phase of the deal. here is what trump had to say about hostages. >> thinking of going to the middle east, not yet. we have all the hostages coming back going on right now and they are coming back. some of them have been very damaged, i heard they would be back ever. stuart: us ambassador to israel mike huckabee joins me now. four stabbed in israel, hamas returns to power in israel, is the cease-fire on shaky ground. >> as long as hamas is involved, these are not people who run the government, criminals, thugs, terrorists, savages, what they did to civilians october 7th can never

be forgotten. any negotiation has to be viewed as a sense of only in order to get the hostages back. for this to go over 470 days is just embarrassing. every one of the hostages need to be freed. every one of them. let's get this done. thankfully donald trump has pushed to start getting them out but he made it clear this is not something in which there is peace with hamas. hamas which hamas won't govern gaza. if you had any illusions they haven't been listening to the president very well. stuart: should trump go to the middle east? if he did go would you go with him? >> by the time he makes the trip, this is posted at the embassy. he should go but it is something he should determine and when it would happen, to

make a significant announcement and breakthrough which i believe he's going to do. the abraham accord should have awarded him a nobel peace prize, he has an opportunity to expand that to bring israel to a place where it does have security and no longer threatened within or without. if anybody can pull it off donald trump is the one person on this planet who might be able to make that happen. stuart: marco rubio sent a cable to every us to format around the world. he said sweeping changes, do you see sweeping changes coming? >> donald trump is going to keep the promises he made in the campaign. the reason people voted for donald trump is because he said he's going to stop the nonsense and get back to common sense. that's what he's he is doing.

it is refreshing that a president on his first day in office took bold and many steps to fulfill those promises and one of them was agencies of the federal government put america first, focus on merit and service and not on diversity, equity and inclusion in a bunch of nonsense that does not serve the american taxpayer very well and does not help the world to be a more peaceful place. people ought to be in their positions because they do a great job and to put america's interests first. nothing should be above that. stuart: dei officials and officers closed by 5:00 pm, you've got a good job coming up and we wish you well. what a contrast from biden to doesn't answer questions to trump who answers more than biden did in the last year.

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stuart: the dow is up 60 points. look at the nasdaq. 263 points higher. big tech is doing well today. most on the upside. the only loser is apple down $0.36. nvidia, microsoft up $13, amazon $4. alphabet is up 0.74%. how about nuclear stocks? all this talk about data centers that need nuclear, up go the nuclear stocks, another 9%, on a roll. coming up on 10:51 it means kilmeade time. momentarily kilmeade will appear on the right-hand side of the screen. here he is. trump began firing a thousand appointees from the biden

administration, many more coming soon. he's cleaning house. brian: he is, saying go home with pay for now. he also says these dei offices we are collapsing. others say you are fired. he is also trying to loosen up rules on the ability for managers to fire civil-service employees many of which with a very union feel impervious to these actions but america in the private sector is already saying goodbye to dei, disney saying it, walmart saying it, so many getting rid of it. so now sharpton is not happy which means usually it is a good thing. stuart: listen to trump take questions. here's a short clip. >> it is true in your conversation with republicans

you would consider recess appointments? >> if it is needed. >> are you open? >> i would be. >> selling products that benefit yourself personally when you are president? >> don't know if it benefited, don't know where it is. where is it today? >> several billion dollars. >> several billion? that's peanuts for these guys? >> when deciding to move your operation? >> not at all, not at all. just called. >> do you have -- >> i think i might. stuart: that is a far cry from the last four years when biden rarely took off the cuff questions. reminds me of the old days. brian: absolutely. the one question, i will run with it but i am almost embarrassed to have these three titans of the tech industry, ai, the most mysterious but

potentially life-changing thing over the last 50 years and in the oval office talking about half trillion dollar investment that will benefit multiple states, thousands of people and it is what about the january 6th pardons, how come you formed your own crypto currency? you have an opportunity, for short while using this technology, to find out the cancer that might be existing you and stop it before it kills you. that's pretty enticing. i could think of a few questions off the top of my head with eai leading engineers that might come to frame but instead this obsession with january 6th. i love that donald trump was trying to finish his sentence and the network reporter was pushing back, he said let me finish. stuart: you get it wrong, almost said shut up, almost but not quite.

you will get a lot more about this. whenever he comes out in public there is a camera and he addresses the camera and answers any and all questions. it is such a contrast to biden who tried desperately to escape the cameras, escape reporters and staff kept him away. brian: he had that list of people, they gave me a list, i will get myself in trouble he constantly said. who is going to get donald trump in trouble. do you think he had a list? you, next, go ahead, nodded to people. that's not the type of staff he needs. but as you saw with marco rubio yesterday, to the state department employees, a new series, new focus, we will see the same with energy and interior and defense, the same freewheeling pressers with

cabinet secretaries empowered to put the mission out there and it will help get the pressure off the new president because he will saying that is what i told them to do and the state gets them now and they won't be contradicting him and there's a chance to get pressure off his shoulders and thinking creatively which he did up until this moment when he became president and is able to hit the ground running because he's having a series of meetings and brainstorming, what they learned the first time what president biden is doing this time and how to fix it now. stuart: this presidency is going well. a lot of people share it. see you again soon. still at martha mccallum on why college students are turning conservative. whether inching birthright citizenship would actually cut the flow of illegal migrants. neil shone on senior members of the family reportedly coming to visit trump. the 11:00 hour is next.

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