stuart: charles payne with me singing along, you love th. look at that. again, i keep saying sixth avenue is deserted. is that cold weather? >> we look at the number on congestion pricing. is bringing more money for the train? stuart: good morning, everyone. 10:00 eastern, straight to the money, not shiva rebound, nasdaq is up 65 but nothing like the big loss yesterday,

dow, s&p lower. the 10 year treasury yield is going up to 4. 55%, a fraction higher. the price of oil mid-70s, $73.43, bitcoin last time we checked was one hundred 3, one hundred 2-6 as we speak, let's look at this. in an hour the aerospa mpany boom supersonic will try to break the sound barrier and go commercial supersonic travel. a major milestone, you got to see it right here on this program today. we just received the latest read on consumer confidence, could move the market, what's the number? >> it fell to one hundred 4. one. this is a january number. in december it fell as well. the post gift - postelection euphoria continue to pay it. stuart: didn't really move the market. thank you. now this. donald trump is rooting out the

deep state going after bureaucrats he says disrupted his first administration and corrupted biden's. the media calls this retribution or revenge, creating chaos and confusion. in the last 24 hours he has paused all federal grants and loans. that is dramatic, not clear how far this pause goes but potentially applies to state and local governments, then means confusion at least according to the new york times but that's not all he is doing. in an e-mail monday several dozen senior officials of the us international agency will put on administrative leave. they had resisted trump's policies. he threatened to reassign irs agents to the border, trump believes the irs has long been politically biased. he fired a dozen prosecutors at the justice department who worked on jack smith's investigations, could not be trusted to faithfully implement the president's agenda, pushing transgender people out of the

military and bringing back of those who were dismissed for refusing the covid vaccine. the federal bureaucracy is supposed to be nonpolitical but it is anything but an trump is not having it. the media is done, not used to looking at government from the outside. they were the insiders, the deep state was always left of center, the bureaucrats were only too willing to unleash their venom on the hated trump, times up, trump is not slowing down. he is speeding up. we are a constitutional republic, our government should reflect that. second hour of varney getting warmed up. mary catherine hamm joins me now. do you think they will go along with this routing out of the deep state? >> i think a couple things have changed since 2017's version of trump one. oh, the environment has

changed. biden's presidency was not what he advertised, it was not normalcy, it was quite the opposite so you have a backlash serving donald trump. a lot of people are like can you fix this border issue for us and people are happy to see him do it so i think he has a lot of support from many of his main initiatives and the numbers are in the 80s when it comes to border enforcement and deportation. the gop is different. they lived through many years of trump being the central figure and the making of the government do things it turns out the american people wanted to do instead of things they don't want it to do and most importantly trump and his team are different, you saw it when he went to western north carolina and la to respond to disasters that had not been well responded to by local authorities and fema under biden's watch, he goes there and a lot of criticism in the past is been he is too much of a shaman, not very much in the details, goes to western north

carolina and la and is a sensitive and lets people take the might, talk about their problems and what does he do? live on tv negotiates how long it can be before people can clear their property. this is something people want to happen. they are not mad about it. stuart: trump spoke at the gop conference in florida, stressed the importance of unity. watch this. >> there is nothing we cannot achieve as long as the republican party remains united. hope you can remain united. that's one thing i'd of the democrats credit for. they have lousy policy, frankly half of them are totally crazy but they do stick together on stuff nobody, how can you want prisons emptied out into our country, they stick together, they stick together on everything, impeachment hoax number one, impeachment hoax number 2, they stick together. stuart: half of them are totally crazy referring to the

democrats, mary catherine, the republican party is going to stay, are they going to stay with him and get this done because if they don't, you could kiss goodbye to the midterms. >> for the most part they will. there will be times people say this is not a thing that is going to work, there are times i will be that person and we should look at the democrats and see what that unity brought them. brought them to where they are now, john fettermans of the party are the popular ones. you can lose sight of what the voters want if you get too involved in your own unity but he is on the path of what the voters want and that is what politicians respond to and that is where you get your unity from. stuart: we shall see, thanks for joining us. got to check the market the day after the big selloff. a bit more green now. earlier in the program our market watcher david nicholas

had strong words about china's ai model deep seek. >> i don't buy this. i've been pretty publicly against anything out of china. i think they are lying. the data that i see, thousands, 100,000 of nvidia chips, they say they don't have it, it is illegal. stuart: charles payne says deep seek, what say you? charles: i saw other reports that chinese nationals may have been helping smuggle these chips out. twee $6 million side deal, a lot more to it than this miraculous hedge fund manager.

stuart: nvidia dropped to $600 billion in market value yesterday. are you still betting on american tech. >> it was good news for tech, if they get cheaper, the rest of this stuff, stock is a pretty big. meta pretty good. apple shares up pretty good. there's already components, the ai agents, becoming a bubbling up. and the data center too. data center stocks creating great opportunities for people. >> to trump, about the golden age, america entered the golden age. >> the golden age of america has officially begun and that's a good thing for us to talk about. the golden age and the american dream.

i directed every member of the cabinet to marshal all powers to defeat inflation and bring down cost of daily life. you see it starting to happen. stuart: he's talking economically. are we about to enter or are we in a golden age. charles: the two periods, the mckinley era, 36 years of prosperity. the parallels are uncanny, strong immigration policies, tariffs and massive gains in technology from both of them and both of those but it didn't happen overnight. stuff you reported on, freezing the bureaucracy, that's lookee, not like if republicans are in for four years, they know they could be there the next 50 years holding up progress, we've got to lose this thing

up, the transition, could be a bumpy ride but i feel strongly we are heading in the right direction. stuart: because of trump, no other way. charles: one of the most consequential elections of my lifetime in part because of the choices. so radically polar opposites but i think if we had president harris we would be in a lot of trouble. stuart: imagine if it -- charles: even think how this happened under their watch. stuart: she was the ai czar. i had forgotten that. charles: these things, they went to war with america, american exceptionalism. they were offended by the notion of american exceptionalism and as they went to war with america's greatest comedies china was doing these things on the side. you should see the things china was able to pull off, not just this.

what they did with satellite communications, latest jet fighters, our country, our government was at war with the best and brightest in this country, in the meantime our adversary was catching up. stuart: now we are not at war with the best and brightest. watching you today making money at 2:00 eastern on fox business. great stuff. lauren is looking at the movers which i want to know what's going on with meta, up $7, $8. lauren: it hit a new high earlier. open source ai model, this is meta's position, waiting for donald trump to figure out his position. open source or closed source. they believe that open source models bring the benefits of ai to every one faster. let it out there, people will get use to and develop it. stuart: synchrony financial. lauren: their net charge-off, debts that are unlikely to be

recovered, ever came in hot in the quarter, stock down 7%. we went back to cruise lines. lauren: lauren: royal caribbean, up 9%. how can you ignore them. forecasting annual profit higher-than-expected, solid bookings to private destinations and the premium. stuart: it would shock you if i went on a cruise. lauren: one day you might. a viking cruise. stuart: thank you very much. still had the lead, mexicans fed up with illegal migration, blame them for the surge in crime. senator fetterman defended the visit to mar-a-lago. >> tired of the venom and the hate. i would like more bipartisan things. stuart: he was lecturing the latest of the view. more bipartisanship? we will follow it. trump wants to build an iron dome in america model after his

relapse defense system. that story is next.

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stuart: on the markets, a bit of a rebound after yesterday's selling, the dow up 100 and the nasdaq up 150 points. bed news. israel says 8 of the hostages such to be released in the cease-fire deal have been killed. trey yingst in tel aviv. what does this mean for phase 1 of the deal. >> reporter: this comes as donald trump is doubling down on his idea to move

palestinians from the gaza strip to clear gaza of hamas and rebuild the enclave. the commander-in-chief floated this idea in the oval office and in the past 24 hours says he spoke with leaders from egypt and jordan who would take the residents of gaza. both countries have denied agreeing to this agreement with a jordanian spokesman saying this. >> translator: we emphasize the mutual respect between us and the united states and the leadership level and the institutional level and jordanian national security dictate the inability of the remaining on their land. >> reporter: comments come as hundred of thousands of palestinians returned to northern gaza as part of the cease-fire agreement, passing through the corridor being manned by a private contractor with the deal between israel and hamas holding for now the movement of civilians expected to continue. later this week on thursday we

expect the hostage release to move forward three individuals from hamas activity, another deal is expected on saturday. stuart: benjamin netanyahu will meet with trump in washington as soon as next week. former us ambassador to nato kurt voelker joins me now. is he looking for permission to finish the job with hamas and hezbollah. >> is looking to strategize. he knows somebody wants to support his relapse security, we are going to have his relapse back going forward in this administration and he does need to clean hamas out of the gaza strip but wants to work together with how to do that, that's a cell utah return of events. stuart: where does the cease-fire stand now that we have 8 hostages killed? >> not surprised the hostages

were killed. what we see is hamas is beginning to say we need a cease-fire, they are responding to the fact trump is targeting them directly and iran is in trump's sites as well. they are moving forward. there are always hiccups when you try to implement a cease-fire or hostage deal but it is clear hamas wants to do this because it will be very high of they don't. stuart: trump signed an executive order to create an iron dome missile defense shield for the united states. >> i will be signing new executive orders, directing the new secretary of defense, pete hegseth to immediately begin construction of a state-of-the-art iron dome missile defense shield which will be able to protect americans, you see that with

israel, 319 rockets and every one of them, i think the united states is entitled to that and everything will be made in the usa 100%. stuart: this reminds me of ronald reagan introducing star wars antimissile technology 40 years ago he was ridiculed then. they will be ridicule for the iron dome. do you think we should get one of these things? >> i know what he means. he's talking missile defense protection for the united states. that is exactly right. we see a proliferation of missile defense technology whether it is iran or north korea, have to keep an eye on russia so having the missile defense system is essential. iron dome is short range, we won't have artillery fired at the us, one of the things that different from star wars is

when ronald reagan was pursuing this, it was only surfaced on the soviet union, intercontinental ballistic missiles from russia and it was bankrupting the soviet union. this time we face many more actors and the risk of missile attacks is greater than it was in the 1980s. talking about what we can do for missile defense. stuart: donald trump is flexing his military muscle, do you think our allies like that? >> the allies are concerned because they don't know what it means, he did not say he would rule out using military force to take greenland which belongs to denmark, and ally. they are nervous about that. what i think donald trump is doing is reestablishing deterrence. if you think of the past few years, our adversaries were not

deterred because they felt the biden administration did not want to escalate. we saw wars and europe and the release, threat teenager, trump is reestablishing deterrence i focusing on american military capabilities. stuart: thanks for joining us. come and see us again soon. google maps making big changes. hold on a second. i know what this is about. this is not about -- this is not about the gulf of mexico. lauren: the gulf of america. puts it together, said it in a weird way. it will still say a golf of america but google says we are waiting for the department of interior to update the system, now saying golf of america. no response from them yet. dan crenshaw of texas xing the

ceo, it is golf of mexico. stuart: what about make europe great again, rally in spain. lauren: organized by patriots for europe party held in madrid, spain, the seventh and the eighth. this is the far right wing movement spreading globally, this party has become the third-largest political group in the eu parliament comprised of 86 lawmakers and the delegation went to washington for trump's inauguration. stuart: i think it is a great idea. coming up, democrat senator elizabeth warren says she agrees with trump and musk on the something important. we will try to tell you what it is. vice president vance is calling

out beth that -- criticism of ice raids. >> i think the us conference of catholic bishops has not been a good partner. i hope as a devout catholic they will do better. stuart: what does jonathan morris think of vance's criticism? he is walking towards me on the set in new york city. ♪ ♪ (auctioneer) let's start the bidding at 5 million dollars. thank you, sir. (man) these people of privilege... hoarding the financial advantages for far too long. (auctioneer) 7.5 at the back. (man) look at them — unaware that robinhood gold members now enjoy the vip treatment — a 3% ira match on retirement contributions. (auctioneer) 11 million sir. (man) once they discover their privileges

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for medicare patients than dexcom g7. don't wait! call now, and talk to a real person. stuart: i see some green, delighted to see it, rebounder today, look at the nasdaq, up 240 points, one. 2%. lauren is looking at the movers. lauren: stock was down 20%, 2% today, they have a joint venture with chevron, the energy company, to deliver or give a lot of expect -- electricity for data center starting by 2027. that is enough juice to power 3.5 million homes. stuart: autodesk. lauren: upgrades to outperform, price target 400, they see $10 billion in revenue. stuart: let's get back to nvidia.

lauren: upgrade to a tigress to hunter 20 price target, the capability is uncertain with significant security concerns. stuart: is at 220? lauren: is going up 100 points. stuart: vice president vance codified catholic bishops, jonathan morris with me now. why do catholic charity support illegal migration? >> they get money like a lot of other agencies and other religious organizations and nonreligious organizations to feed the hungry, house the homeless, they don't check their legal documentation but they are a big part of inviting people in because people know if they come to the united states and they will be fed,

they will be housed. stuart: they are flying them in and don't know who they are. >> this was president j.d. vance criticizing catholic bishops, he's a recent catholic who calls himself a devout catholic. i never thought i would say this. i think the president of the united states of america has outlined a more catholic position meaning what the catholic church has traditionally taught about immigration, the rights and response abilities, more catholic than us conference of catholic bishops today. they've talked mostly about the importance of taking care of the stranger, the homeless, the immigrant, the refugee but they haven't given a complete understanding of catholic teaching which is christian teaching which is natural law philosophy which is you have a right to leave your country, you want to go to canada you have a natural right to do that. you don't have a right to be welcomed in by canada.

canada has its own political leaders. this is catholic teaching and j.d. vance understands this. canadian government officials have not only a right but an obligation, an ethical obligation to protect immigration, at sustainable and safe levels and that is because safety issues involved for citizens and also for those being welcomed into the country. will when you are with trump and vance on this? >> i never say i am with someone. i say i am glad someone is with these principles that i believe in. donald trump and j.d. vance have been a better job especially j.d. vance of outlining what is faith teaches about immigration and emigration. stuart: we have a collection of quaker groups suing the trump administration. they say allowing migrant raids in places of worship violates their freedom of religion. your thoughts on that?

>> not only this religious group but any organization including catholics and episcopalians, if i am a pastor should i be harboring someone in my church who i know is a violent criminal? the answer is no. pastors should not be doing is that. i don't like the idea of the government waiting for people to go to church and going and rounding them up and checking their legal status. i don't like that but if there is somebody that is a known violent criminal should a pastor be hiding him or her in the church? absolutely not. stuart: supposing it is not a violent criminal but someone who came across the border, flown in on an apps and attends church? do we want the pastor protect -- >> do we want priests and pastors to be checking people's passports as they walk in the church? i don't think so. donald trump has been very honest, prioritizing violent criminals. i hope that prioritization

stays strong. stuart: if it doesn't? >> people are not coming into the border because it is deterrence. that is good for them and are it is good for the united states of america. let's fix the system so we have immigrants coming over are well protected and the united states of america says this is good for our country and our citizens. stuart: we are almost there now. the flight across the border has been virtually stopped, just about stopped it, no more apps flights coming in. >> the news is hitting these countries and people are saying i'm not going to risk going up there, risking my life to be stopped at the border. that's excellent deterrence. stuart: jonathan morris, thanks. dogthe ruining taxpayers millions of dollars. we tell you the latest move to get dei out of the federal government. we are waiting the boom supersonic test flight.

they want the new plane to be a commercial supersonic jet. we see it live right here once it starts. more varney after this. ♪

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call or go online to request your free quote today. stuart: new polls show mexicans are fed up with illegal migrants in their country. william la jeuness, what are they not happy with? >> tired of being a doormat. weekly caravans in the south and shelters in the north. in multiple polls mexicans are saying no mouse.

>> it is a huge problem in our neighborhood. the noise, the contamination, the violence. >> reporter: hugo sanchez is fed up with illegal immigration in mexico. they defecate and urinate in public says letitia who hopes donald trump will help mexico close its southern border. >> translator: he may have influence with our government so they can solve the problem. we can't continue like this. >> reporter: francisco calls this an invasion. >> translator: we don't know these people, they have a criminal record. most are unemployed because they don't do anything. >> reporter: 70% of mexicans call illegal immigration excessive and 40% want to limit or stop it all together. this venezuelan migrant says they are not all bad. he and many others are stranded waiting for asylum interviews in the us. >> it's not good to enter any

country illegally but the apps isn't working. >> reporter: mexico buses many migrants back to guatemala as there's a change in public opinion. >> many of these people are dangerous people. >> they have to resolve this. >> reporter: mexico is building massive shelters, near border states to receive returning migrants, mexican nationals separated by sex and age getting a welfare card, 2000 pesos, $100 to return home to their towns. non-mexican migrants being told to voluntarily return to their countries, not getting any breaks. back to you. stuart: i know we will see you again soon. as for the markets it is a rebound, pretty modest compared

to yesterday's selling but it is they are, the dow is 180, nasdaq 219 points, 1.3%. more than a dozen prosecutors who worked for jack smith have been fired. david, are the fired prosecutors going to sue? >> it is possible. we don't know of any lawsuit at this point but these are career prosecutors fired via an email from james mchenry yesterday saying, quote, this is consistent with the mission of ending the weaponization of government. the fact they were reprimanded by the current doj is not surprising, donald trump and his allies telegraphers several years he had problems with the jack smith team. what is surprising is prosecutors were fired, not reassigned but told to get out of the building. since they are career prosecutors they are afforded civil service protections,

usually they would be reassigned to another part of doj. that happened in other sections but these people were let go. what is not clear is if they will sue to get their jobs back. acting attorney general james mchenry made this decision because he did not believe these officials could be trusted to implement the president's agenda because of their role in prosecuting the president. democrats on capitol hill writing to the acting attorney general seeking more information about the firings across the board according to the principles of doj rather than embracing these principles you seem intent on upending them and returning us to the days of the infamous spoil system of the nineteenth century when the civil servants were hired based on political loyalty rather than professional merit, political patronage system that was largely unqualified, prioritized, obsequious, scraping, raising money for the president over their official duties. i reached out to comment, have not heard back yet.

stuart: he's rooting out the deep state and the deep state don't like it, that's my open onion, not yours. the department of government efficiency slashed more federal dei policies. what was cut? lauren: 17 more dei website, three more leases terminated for empty office space, we spoke about this yesterday as the low hanging fruit. latest savings are one. $6 million. doge says these are the first attempts to right size in 7500 leases. elon musk heads up this agency so alone now. vivek ramaswamy was part of that. >> different approaches. i focus more on constitutional law legislative based approach, folks want to technology approach. no better person to lead the technology digital approach

than elon musk. >> elon didn't fire you. >> we had a mutual discussion. divide and conquer, savings the country. it doesn't stand for its own principles. true diversity of thought and in the name of inclusion we created the new culture of exclusion. that is an american. it was neither diverse nor inclusive. >> still on board, is expected to announce a run for governor. stuart: senator elizabeth warren says she agrees with donald trump and musk on something important. can't imagine what she's talking about. lauren: saving taxpayer money and cutting $2 trillion in waste. she says i agree with you guys and she wrote an editorial piece on fox news, trump, musk, 30 ways to get it done. i won't give you all fairly.

by 12 billion over 12 years, building tax exemptions that benefit the rich, millionaires, and billionaires and cracking down on health care. stuart: god for bid trump and musk have anything to do with the socialists but may be they will. lauren: maybe they won't kick her out at all. still ahead. wouldn't it be nice if hundreds stopped giving us moral lectures? they won't. look at selena gomez tearful about migrant, hollywood is ignoring reality. that's "my take" top of the hour. trump wants to end environmental extremism. >> i terminated the ridiculous and incredibly wasteful green new scam on a one of the great scams in history. stuart: trump is doing what he said he would do. brian kilmeade next, all over that. ♪

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stuart: is the rebound gathering steam? yes it is. the dow is up 230 points. the nasdaq composite is up 210, better than one person, that's a modest rebound but a rebound nonetheless, big tech rebounding as well. apple is up $8 to 38, amazon and nvidia, alphabet on the upside. the chipmakers down yesterday, two of them are backup, nvidia, taiwan semi, and amd down. bitcoin hovering around 103 and 100 for at the moment. coming up in three seconds, 10:51 eastern brian kilmeade will magically appear.

senate minority leader schumer just said donald trump's freeze on federal spending has plunged the country into chaos, a dagger in the heart of american families. is he upset trump is going after the deep state? brian: payment of got to still be made but when it comes to other programs being reevaluated, schumer's point is it is allocated by congress, and executive chief executive stopping it but it is making everyone reevaluate and justify where the money is going, he talked about that and doge will do things like this, doing things directly, succinctly and quickly so this will put everybody to fund their aid program. marco rubio stopped international later except for israel because that is a country in the middle of an air. they are all going to be evaluated and settled down over

the next 30, 60 days. it is part of what trump wants to do, reorganize spending. stuart: and save some money. donald trump says in his words terminating the green new scam. watch this. >> i created the new department of government efficiency. it will be meaningful. i terminated the incredibly wasteful green new scam, one of the great scams in history, 12 years, they gave us 12 years, we passed it, still around, can you believe it. we spend trillions of dollars throwing it out the window, you can throw it out the window, you would have been better off, i withdrew from the 1-sided paris climate accord and can't -- it was so 1-sided. stuart: it seems to me the green movement is across the board dying on the vine.

what say you? brian: they made a huge mistake, al gore making it political. if you are for a gradual switch to renewables let the market decide what we drive, what we fly and what we do and how we heat our house, doesn't care about the planet or your neighbor, and if you are like that, one of the cool hollywood people, you drive a preassigned walk to work, they made it so political people aren't thinking clearly. there are things that show progress. a lot of people drive electric cars but when you ask trillions of dollars and then say build terminals across the country on the green deal and build 8 in four, three years that is a problem, you have a credibility issue, money out of your pocket in the auto industry and tell people to make electric cars, have a supplement for that people get angry.

in the business, less people to make an electric car than a gas powered car, people get upset by that, lack of execution to do the things he says with the money he took where the majority said he had. that's one of the problems. stuart: democrat senator fetterman went on the view and defendant's visit with trump at mar-a-lago. >> after playing it straight, it is reasonable to have a conversation inviting the to engage. maybe some people would be critical of that but for me, engaging the president, when you are in this business that is part of the job. i hope you are watching. i'm tired of the venom and the page. i would like more bipartisan kinds of things and you're going to agree with things and disagree with things, i will pick my fights.

stuart: i don't think the view are not fed up with venom and hatred. >> they live on it, it is at the top of any rundown. let's begin with fetterman hatred and end on the same note, fetterman goes on and says i'm from a purple state, always talked about how popular trump was in pennsylvania. we went to some rallies and couldn't believe the emotion and he sees the people there and with this billionaire friends, the people in the audience look like fetterman except dress a little nicer. he brings that up and they think he's the worst person on the planet. he's pro-israel and pro-cracking down on immigration. he says let me work with the president on fat and they think he is an of the number one. stuart: thanks very much, run out of time. awaiting the boom supersonic

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