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tv   Varney Company  FOX Business  January 29, 2025 11:00am-12:00pm EST

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with the chase mobile app, things move a little more smoothly. ♪ deposit checks easily and send money quickly. [coins clinking] ♪ that's convenience from chase. make more of what's yours. >> just going to open it up to podcasters, social media influencers alike. why is that important? that rule exists to dis-'til the president's message to the american people. >> competition is good, but i don't think deepseek alone is going to end up being this lingering problem. all this excitement is only going to create more demand for the chips and the industry and ai. >> when a company like nvidia goes on sale, which doesn't happen that often, absolutely a opportunity for anyone who's been on the sidelines to add to the existing.
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>> the united states has the upper hand because the u.s. economy is doing much better than the canadian and mexican economy. >> the media always have such limitations on what they think is possible for humanity. they don't believe in massive innovation, progressives don't believe in progress. >> president trump has a mandate, he is a historically consequential president. we have a job to do and that's short term orientation tick together to deliver for the american -- to stick together to deliver for the american people. ♪ ♪ stuart: the producers really have got my number. i really do like the beatles. no comment on that . fair enough. maria: we all understand you love the beatles.
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stuart: it's wednesday, january 29 and the the dow is up and nasdaq down 122 and big tech, quite a few losers there yes indeed. amazon is up all of 25-cents. apple, alphabet, microsoft, nvidia on the downside. 5% down for nvidia this morning. and 10-year treasury yield hovering around 4.5%, 4.54 to be precise. now this. you can tell a business guy is in charge. donald trump is bringing his business expertise to solve washington's bureaucracy problems. only a business guy could come up with a way to cut the federal work force without pain and drama. last night, 2 million federal workers got an e-mail: you don't have to come back to the office, it said. if you resign by february 6, you'll be paid in full till september. it's a buyout. the offer converts union jobs
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into at will jobs where you're paid for eighth month ifs you walk away. you may be working from home in income tax free texas or florida and don't have to come back to new york. resign and most of the rest of the year getting paid and looking for a new job wherever you want to live. this is brilliant. trump is downsizing the government and saving big money, maybe $100 billion. he's already put a freeze on hiring and that'll halt a, increase size of the federal bureaucracy and identified $2.5 billion of government property that's empty. get rid of that fast because there'll be no one to work in those buildings. who would have thought that a unionized federal bureaucracy could be downsized by the innovative business guy in the white house. by the way, the president's team expects 200,000 federal workers to accept the buy yacht. saving per -- buyout, saving
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perhaps $2 billion. varney starts right now. stuart: martha maccallum joining me this morning. i think martha agrees with me is a brilliant idea to buy out federal workers at low cost. >> i think like the rest of america when i heard that only 6% of federal workers were actually going to their job. i mean, that's an absolutely astonishing number. we need to be a highly functioning, as lean as possible government in order to serve the people of the country really well. i remember during covid, you know, doing work and research on world war ii veterans and i've done a lot of that over the years and basically there wasn't anyone answering the phone at national archives. veterans wanted their records. they wanted their papers.
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they literally couldn't get them because everything was shut down for so long during covid and they had no way to dip into the computer systems remotely in order to get these people satisfied. it was just one example, stuart, but this sex travion green ordinary and extraordinarily general yous as you point -- generous as you pointed out. you've got to make a quick decision, but most people should have been able to read the tea leaves this might have been in the works and decide by februar. they'll get paid till september. stuart: yeah. >> full ride till september to figure out what you want to do next. it's a pretty cushy period to be fully paid, not do your job, and figure out your next move. it's brilliant. i think we've heard for so long oh, you can't do this. even the other thing that drives me crazy, oh, it would be a drop in the bucket. you just mentioned the number, it's not enormous, but we need to start this process, and you can bet that that real estate
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mogul in the white house right now will find things to do with those buildings in washington dc. you know, they could be condos, they could be apartments, some of them, they could be sold or moved to places where people want to work across the country, these agencies. maybe that will work out well for some of the federal employees. it is high time. stuart: next one, martha. white house press secretary caroline leavitt made her briefing in the news room yesterday. watch this. >> this white house believes strongly in the first amendment so it's why our team will work dill generally to restore the -- diligently to restore the press passes of 440 journalists whose passes were wrongly revoked by the previous administration. we're opening up this briefing room to new media voices. we welcome independent journalists, podcasters, social media influencers and content creators to apply for credentials to cover this white house. starting today, this seat in the
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front of the room, which is usually occupied by the press secretary staff will be called the new media seat. stuart: she's very strong and only 27 years old and helping trump revamp his relationship with the media. >> she did an excellent job fielding all the questions. it was refreshing to see someone jumping in and take the questions and coming back. what we heard for so long f from carine jean-pierre, let me be perfectly clear, i haven't talked to the president about this. she's with him all day and hear what is he's saying and everywhere he goes. she didn't have like that enormous binder where you have to go through and look for the answer to the question. very refreshing. you know, she will get challenging questions in there. she'll obviously be able to handle those, we saw that yesterday. but the new media issue i think is so important. so important. i remember when -- it wasn't that long ago when it was a big deal when fox got our front row
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seat in the briefing room. we had earned it as a news organization, but all the old dogs, all the old guys were all lined up in the front row and fox is going to get a seat here? yes. and this is the way it has to be. so this new media seat is needed and will add spice to the room, it will make everybody sit up on the edge of their seat, and they're changing with the times and responding to a lot of the people who helped get this president elected in the podcast world adds well. stuart: i think your think it's as exciting as i do. >> it's fascinating to see action and someone covering it. i find it really interesting. i feel like for so long the answer was we can't do that because, we can't do this because. now we're seeing the action and some of them might get pulled back because they don't test the water well, but that's okay too. stuart: it's like night and now day. >> it is. stuart: martha maccallum, we'll be watching you, i absolutely promise, on the story. >> good to be with you.
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stuart: weekday at 3:00 p.m. eastern on fox news. back to the markets, please. pretty much a mixed picture. it's all red now. minor loss for the dow, minor loss for s&p and down about three quarters of 1%. eddie ga gaboor joining us here onset. you bought the dip on monday. why? >> we look at nvidia as a black swan event on monday. didn't think we were going to buy and down 17%, we couldn't resist. clients underweight nvidia, we had to increase that position and thought it was a great entry point. number one reason we bought is we do not believe president trump, who's pro america policy, will trust a company from china to collect data from the u.s. to use it to weaponize against us. the aa war started between us and china. stuart: talking about tiktok or deepseek? >> deepseek can be added to the tiktok list. if they think tiktok is a
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problem, deepseek will be a bigger problem. stuart: think we need to spend all the money on data centers? microsoft will report this afternoon. they better be saying yeah, we're sticking with it otherwise you've got a real problem on your hands. >> if they don't and these companies do not, we will be selling nvidia. one thing we tell clients, we will not fall in with a name and be hard headed. that changes the fundamentals and margins and everything on spending comes down and that'll be a problem for nvidia. that'll be the number one question every one of the mag seven companies will be asked and if they don't answer correctly, nvidia will be a big loser. stuart: if there's any mistakes, any upsets amongst the big tech companies, are you getting out of them? >> depends if they break the 50-day moving average and the fundamentals. stock selection this year will be critical. we said 2025 is not a buy and hold year. we have had so much activity already much the reason we were able to buy on monday is we raised 30% cash three weeks ago. we looked silly a week after that and on monday we took
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advantage because you need dry powder or you can't buy dips. fully invested, your hands are tied. stuart: i'm a buy and hold kind of guy. that's the way i am. eddie ghabore, thank you for being here. >> thank you. stuart: asml is here and missed concerns about the deepseek latest breakthrough and deepseek will drive ai chip demand higher and that stock asml up 4.5%. next one, djt, that's trump media surging after the company announced they're expanding into financial services including cryptocurrency and the company expects to launch products and services later this year. djt up 7.5%. norfolk southern, a railroad operator, strong pro profits ine third quarter and helped by cost cutting and insurance recovery from the derailment in east palestine, ohio. monday marks two years since the disaster.
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norfolk southern up 3.5%. coming up on this program momentary, public schools in one state may soon ask students for proof of st.ship. citizenship. the proposed rule in the hands of the governor. chicago's mayor brandon johnson speaking out about against ice raids, watch. >> we fully reject the level of intimidation that this administration is trying to uphold. what this administration is attempting to do. he's attempting to get us to surrender our humanity. stuart: i don't get it. ice is targeting individual withs volunteers and histories. it's a public safety issue. the mayor is protecting criminals. border expert sheriff mark dannels reacts to it all next -- daniels reacts to it all, next.
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- hr? - yeah. - it? - yeah. - r&d? - yup. omg? uh... oh, i see. uh... yeah. that's the department i work in. alright, enough of that.
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today president trump will sign the laken riley act into law. it requires federal officials to detain illegal migrants accused of theft and violent crimes. peter doocy at the white house. peter, what else will the law do? reporter: stu, looking at last couple of days since trump was inaugurated. we're learning that if you arrest more people to be deported, you need more places to put them. we are now learning the buccally space force base in aurora, colorado, will hold some of these de-portanova tees to be repatriated to their countries of origin. >> i was in new york city yesterday and the people of this country want these dirt bags
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out. they want their communities to be safe and so amazing to me to see people walk by us on the street early in the morning and just say thank you. thank you for being here. this is part of our plan to make sure that we're protecting america keeping it safe again like president trump promised. reporter: ice is posting about hundreds of arrests every day since trump's swearing in but the immigration czar said hundreds are not enough as the new team figures out how to operate with the old apparatus. >> are you satisfied, tom homan, with the pace of migrant de-ation s? >> no, we've got to do more. it was a great start. the first week was unprecedented. we need more deportations and a lot more. that's what we're working on. reporter: around 2:00 we expect to see president trump signing the laken riley act and that allows authorities that arrest someone in the country illegally to hold them to be deported and
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some democrats that have supported this bill were invited to the white house but we don't know which of them, if any, will show up. stu. stuart: got it. peter doocy at the white house. we have sheriff mark dannels ms with us. >> we have been working with the federal partners and re- energized and employed and we're excited and working side by side. two nights ago we had a stash house we worked with them on and last night early this morning we had a pursuit and people were hurt. people are out there side by side with us making a difference and going after these worst of the worst as mr. homan said, and it's exciting to see at all levels of law enforcement. it's the right thing to do and the rule of law. stuart: we're hearing that border crossings, they've
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virtually disappeared since president trump took office. is that what you're seeing? >> yeah, definitely the numbers are down. no doubt about it. this is part of that outreach messaging, the consequences, all that's working. that's part of just law enforcement. when you say there's going to be consequences, people think twice and the cartels are thinking twice right now. are they -- are the cartels going away, stu, saying we're done? heck no, they're not. what i worry about and the agents worry about is they're going to get more violent, and that's something we're preparing ourselves for. i have no doubt they'll come back hard on us. stuart: mayor of chicago brandon johnson went after ice raids and deportations. watch this. >> we will continue to protect civil and human rights, and we welcome all individuals and families who want to work, live, and thrive here in our beloved city. the welcoming city ordnance is a law, and it is a law of the land here in chicago. to use this moment to popularize
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fear, it is something that's unconscionable and we fully reject the level of intimidation this administration is trying to uphold, what this administration is attempting to do. he is attempting to get us to surrender our humanity and we're not going to do that in chicago. stuart: how can he justify defending criminals against getting them out of the country. a lot of sanctuary city people are getting very nervous because the hows house oversight commite launched into investigation. is there a real good shot at ending the sanctuary movement? >> i hope so. let me just say this. these are destinations for the criminal cartels. that's what this is all behind, stu. this -- i get the american dream. but let's do that legally. what the major johnson is now talking about is the rule of law, the learfield img galty behind -- legality behind this and what america stand for. who is he protecting?
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citizens or the illegals and dangerous ones of the worst of the worst. that's insulting to anybody that wear as badge. jacqui: yep, taking them out of new york city and residents of the bronx are cheering them. how about that. sheriff, thanks for joining us this morning. all good stuff today. >> thanks. stuart: officials in one state calling for a new rule that would require public schools to ask students about immigration status. madison alworth is here. where is this happening? madison: it's happening in oklahoma. big change there. on tuesday the state's education leaders gave a green light to the new policy that will request families to provide proof of citizenship or immigration status when they enroll their kids in public schools. schools can't deny education to kids. that was established in a 1982 supreme court ruling so if you're of school age, you get educated here in the u.s.. but the change here is now it'll require districts to track and report the number of students whose family haves not provided
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proof of citizenship or legal status. this puts oklahoma at odds with many large school districts across the country, which have typically not cooperated with ice and avoided collecting immigration status of their students. the state's superintendent says this is about helping federal authorities enforce immigration laws. in an interview he said he'll support immigration raids in the schools. he won't allow the schools to become what he's called sanctuary schools. he also says that oklahoma schools are being overwhelmed by undocumented immigrants and he'll do everything in his power to put oklahoma students first. as you can imagine, you can expect this to be litigated in court. stuart: big step forward though. madison: big change. thanks, madelynn. madison, sorry. my grandfather is madelynn. granddaughter is madelynn. madison: she's great too. stuart: businesses are excited to invest in trump's america but she warns if trump can't run his
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prosperities, democrat cspan take back control in washington real fast. can trump deliver? we'll ask wall street journalist allysia finley. she's here and she's next. ♪
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stuart: plenty of red, not much green and dough is up and nasdaq is down 129. lending club is moving. they're a web-based loan company, and they're headed straight down. off nearly 20% watch earnings superior court outlook for 2025 failed to impress. put it like that. one investment firm cut price target from 28 all the way down to 20 and now at 13. adp, the software company, surging at all time high and strong second quarter results and rosie outlook for the year to come did the trick up 3.5%. now this, openai reportedly investigating whether the chinese startup deepseek trained chat bot models with openai
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model. madison, what more do you have on this and what's the significance? madison: the significance is it's a little less impressive what deepseek has done if they dis-'tilled all this and it's -- distilled all this and that mean as chinese company is stealing from a american company. if chai these deepseek trained models by repeatedly asking questions to openai and scraping data from the big model to create their smaller model. this is called distillation and it's a tech nation that smaller ai models use and train on larger data base of responses and make it in their less expensive model. openai banned accounts they suspect of distilling from the models and working with microsoft to identify actors that's attempted to do this. deepseek is looking for the ai czar and explicitly accused deepseek of this. >> there's substantial evidence that what
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deepseek did is they dis-'tilled the knowledge out of openai's models and i don't think openai is happy about this. one thing you're going to see over the next few months is our leading ai companies taking steps to prevent distillation and we'll see if the leading ai companies can prevent distillation by third party companies, that would definitely slow down some of the copy cat modelses. madison: that prevention is important because the dirty secret is a lot of ai models are doing this. the problem is it's china doing this. it's the name of the game in ai. use whatever you can get to train your model. openai was guilty of this and sued by the new york times -- many, many times in 2023 for scraping from articles and they've been guilty of scraping. the difference here though is that this is likely a breach of terms of service, meaning that deepseek users probably signed
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up for openai and agreed to terms of service and did this. all the companies put rate limits on the platforms and if you go to openai and ask it 100 questions quickly, that's suspicion and put a limit on the rate of questions you ask. if you're train ago new model, they should have been flagged way sooner so why was this able to happen? openai needs to figure this out. madison: thanks, madison. this headline in "the wall street journal," trump 47 brings a long awaited spring for businesses. allysia finley wrote that and joins me now. if trump doesn't deliver on the prosperities and do you think democrats retake control of washington in 2026, 2028? >> well, 2028 if they want to take control of the white house. i think the republicans stand a good chance of delivering on their prosperities and they've got an good start in the first couple of weeks under president trump rolling back a lot of executive orders and see business investment reviving
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again. it was really depressed during the last two years of the biden administration. most of the gdp both powered by consumer spending, that was essentially transfer government spending and giving handouts to people. it was not business-driven investment and small businesses perk up and even large businesses invest in projects again. partners in primary lines, lng projects and that's the kind of investments that's going to drive growth. stuart: is flooding the zone, it's a stream of executive orders and big time changes, that's his tactic, flood the zone, see what you can get, get most of it and that's happening. >> that's right. in all fairness, biden did the exact same thing but with regulation than deregulation. stuart: exactly. >> he's just playing off of that and using that. elon musk, vivek ramaswamy both said that is their goal. you try to block us in the courts, you can't block everything and i don't think
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they will. there was a pause on freeze of federal funding and that'll be upheld ultimately and it is legal. but again, they cannot sue de-brock every single thing trump is doing. stuart: after the criticism of the california water systems, department of government efficiency, doge, visited northern california and after the visit, doge said water flowing to southern california more than doubled. why did it take a visit from doge to double the supply of water going south? >> there's a lot of water in the reservoirs right now. up north despite the relatively dry winter and there's been two wet winters. the issue has long been the pumping at the delta, which as donald trump likes to say, is restricted because of the delta smelt and actually some other fish species. donald trump is really pushing them to relax these environmental restrictions on the bumping. the state water project actually increased allocations for formers yesterday from 15 to
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20%, which is still very low. they should be getting about 100%. all that water is instead going to the smelt and out to the pacific ocean. stuart: is newsom going to sacrifice the delta smelt? >> it's just a tool to essentially hurt the farmers, let's be honest. sadly the environmentalists don't care and want to return the central valley to the original native sake. stuart: oh, for god's sake. enough from me. allysia, good stuff. thank you for being here. coming up, white house said trump's tariff plan for canada and mexico still stands. >> the president made it very clear again that he expects every nation around the world to cooperate with the re-pate re-uation of their citizens and february 1 is on the books. stuart: will tariff bees imposed and better yet, will canada or mexico cave? we'll ask ohio congressman jim jordan, he's next.
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stuart: i think this is a brilliant move. the trump administration offered a buyout for federal workers for eight months pay. hillary vaughn at the white house. how will this work? reporter: it's a sweet deal and can't stopping the idea of coming into the office to go to work, you can quit and get a paid for eight month vacation and federal government offering eight movements of paid leave where you don't have to work and can basically live like a free loader while you figure out your next career move. this way the federal government is getting rid of people they don't think are a productive use of taxpayer cash and can save money, downsiding the work force without actually having to fire a bunch of people. >> american workers and the middle class that keep this government up and running with their hard earned tax dollars have to show up to the office every day and president trump expects bureaucrats to do the
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same. if they don't like t guess what, they're getting a very generous payout from this administration. we're going to ensure the federal office building ins this city are filled with productive and excited workers. reporter: right now only about 6% of federal employees actually show up to the office to work and president trump said the era of exploiting this outdated pandemic perk of work from home is over. a senior administration official says they expect 10% of federal workers to take this buyout and quit. that alone, they think, could save taxpayers $100 billion every year by downsizing the work force. the catch is, workers only have about a week to decide whether or not they want to take this deal. they have to submit their requests for it by february 6. stuart. stuart: okay. got it. hillary vaughn, thank you. coming up, the big money show is now two hours. it starts at 12, noon, eastern and cohost dagen mcdowell is with me now.
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dagen, what's on your agenda for today, dagen? >> we're going to keep talking about what hillary vaughn was hitting on for two hours with kevin o'leary. what's good for the private sector, buyouts to trim the fat and why is that not good for federal workers? mark warner for my home state of virginia, said it was illegal during the rfk confirmation hearing on capitol hill. they are ranting and raving like it's a plague of locusts, a plague of frogs, there's fire raining down from on high, stuart. something's going on here. they're afraid the federal government will function just fine with oh, i don't know, 10% fewer workers, 20%. stuart: dagen, i'm watching, guaranteed. s noon, babe i didn't mean to see you later. 12, noon, baby, see you later. see what were said about tariffs on canada and mexico.
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>> the president made it very clear, again, he expects every nation around the world to cooperate with their repatriation of their citizens and the president put out specific statements in terms of dan tafanely and mexico in terms of what he expects with border security. we've seen a historic level of cooperation from mexico and as far as i'm tracking and that was last night talking to the president directly, february 1 is still on the books. stuart: there's time when is you need an articulate conservative and we just had one turn upright there. his name is jim jordan. congressman from ohio. jim, welcome back. do you think mexico and canada will back down, cave just like columbia did? >> i do. look, the president is a great negotiator and i really love about the president is he hates to lose and knows how to win, and i think he'll be just like with columbia, he'll say look, here's the deal. help us with the problem the biden administration created and
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help us deal with this. after all some of the people are coming from your country for goodness sake so either help us out or there's going to be consequences. that's how the president operates and he wins these negotiations. stuart: he's in a very strong position at this point and it's a strong, powerful and growing nicely at this point. >> and i was going to say, when have you ever seen a start like this? never seen this much intensity and action and success in nine days now and that helps too, and the world is seeing all that as well. stuart: flood the zone and don't stop. house oversight committee chair, james comer, wants the mayors of sanctuary cities to testify next month about public safety. you're on this committee. what happens to these mayors and their cities in their sanctuary status is maintained and continue to protect criminals? >> well, threaten with federal money going to the cities,
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something i think the president has talked about and something we can help with certainly here in congress. second, if they're not insisting ice agents in their repatriation of the illegals doing crimes, that's a concern that maybe the justice department should look at for goodness sake. all those kind of issues will come up in the hearing, but the country was clear, 77 million people voted on november 5, and they said we want a commander in chief who's going to secure the border and deal with this problem where we see in all the cities and we're going to be at white house today for a bill signing ceremony with laken riley. we know what happened to that young lady because a bad guy informs the country doing bad things and was released and then did terrible things obviously to laken riley and the result of course, the devastate for her family and this understand dpoaes they're not going to
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herbst they should be be punished. we're copping to an end of dei and woke and other things and the other thing we're coming to end on is attack of american's first amendment free speech rights and a seat change over the last two years in that area and many issues are moverring in the right direction. stuart: jim jordan, i don't think i've ever seen you so happy and you're happy now. that's a fact. see us again soon, jim jordan, thank you, sir. >> we will, stuart. take care. stuart: ugly video to show you, a massive brawl broke out in thornton township involving the mayor. madison, the video is brutal. what happened? madison: yeah, it is messy and, yeah, we have video right there so let's break down what happened and it all start when had an activist named jedi ya brown accused the scandal-plagued mayor of "sleeping her way to the
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top" and then she said"you gone with a b word"quo. they charged at activist and fists started flying. the mayor joined the fight and shoverred her table aside and sprinted into the brawl. can't make it up. just watch. [ yelling and screaming ] madison: you saw it there and you happen clear if she jumped in to join or break it up. outright lies about the mayor that are being trafficked on social media by the political enemies, it's unsurprising that violence erupted and her boyfriend was the first one to throw a fist. no arrests were made, but her boyfriend, who works for the township, he runs the youth at-risk program.
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he was already on paid leave, and he continues to be on paid administrative leave because the board has questioned the work he's doing in that program. stuart: we've heard enough of that one. where it's going, i do not know. madison, you're all right. thank you. madison: you got it. stuart: check the dow 30 and sense of the market. interesting, the market is mostly lower and dow down 14 points but a few more winners than losers among the dow 30. it's a split market for the dow 30 i'd say. right now robert f. kennedy jr. serving as secretary of health and human service asks big momentums from the confirmation hearing. plus, fda approved november november north drug to treat diabetes. we'll ask about that. ♪
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the way i approach work post fatherhood, has really trying to understand the generation
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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. stuart: hhs secretary nominee robert f. kennedy jr. now getting grilled by senators autophony fromages hearing and alexandria hoff joining us from capitol hill. any fireworks here?
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reporter: fireworks, yes and felt you said grill and this is what's happen here and this is a opportunity for kennedy to expand upon some commentary made in the past and some that's given a few republicans and many democrats pause and there's been plenty of fireworks especially on the topic of vaccines and that is where a lot of hearing dwelled from democrats and den i did insisted if notton confirmed he's not take vaccines or discourage them and wants more research put into them and what he said after being disrupted bay protester in his opening remarks. >> i worked for years to raise awareness about the mercury and toxic chemicals in fish and nobody called me any fish. i believe that vaccines play a critical role in healthcare. reporter: yeah, he's saying he's
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not anti-vax seen and drew someone from the crowd saying you're a lair. the top healthcare position and kennedy would deploy research to understand the impacts of food additives and chronic disease and seeks to reduce the transparency and traditional education and another fiery moment came when michael bennett deployed interesting tactic here pressing kennedy on abortion. >> did you say on a podcast and i quote, "i wouldn't leave it [ abortion ] to the state. i would leave to to the government even if it's full term". did you say that? >> i believe that's a tragedy. >> did you say it, mr. kennedy? this matters! reporter: yeah, there's a lot of moments just like that one and kennedy later clarified saying he's prepared to implement the president's policies when it comes to abortion.
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jowski i agree with him that the states should control a portion. reporter: yeah, this is the first of two hearing ands this is the first consequential it'll show the decision here and going to decide if kennedy's nomination process will continue and put you on stand by and let you know if other fireworks come up. stuart. stuart: alexandria, thank you very much indeed. another medical signing. president trump is signing an order to restrict medical treatments for transgender children and teens. dr. frank contacessa joins me. do you support this, doctor? >> good morning, stuart. i do support this. it's been such a movement to push the gender affirming care as they call it in young people. and i think the question here is not whether or not people should do the kinds of procedures. it's should we do them on people at young age, 13, 14, 15, years
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old whether it's re irreversible hormone surgeries or is treatments like double mastiestmies on teenage girls and they have a change of mind and a lot do, they realize later on they've made a bad decision, you can't go back and change it. what this legislation is doing and this executive order is saying, we shouldn't be doing this on 13, 14, 15 year-olds and wait till they're older and more mature and making a better decision for themselves. stuart: fda is approved novo-nordisk to expand the use of kidney disease and expanding ozempic. i'm calling it a miracle drug. what do you say? >> these are miracle drugs and glp-1s are successful and good diabetes treatments, and this dove tails with that. one of the main adverse effects of long standing diabetes is it damages the kidneys and glp-1
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drugs shown to decrease the worsening of kidney functions. i question that casual weight loss, 20, 15rbgs 20 pounds should be a bit -- 10, 15, 20 pounds and we should be careful and i prefer lifestyle modification and they're a go to drug for don't and in addition to reducing cardiovascular resident and can long term didny damage. stuart: wonderful drug. dr. frank contacessa, see you again soon. we'll have the wednesday trivia question. it's coming after this.
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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 stuart: i know you are waiting, what is the periodic symbol for mercury? hg, and the, 0f? madison: i think this time to throw us off. i will go with number one, hg. stuart: i'm going with number one, oh f. the answer is hg. they got the roman god from the greek word meaning water and silver. "the big money show" starts in three seconds, right about now. dagen: fox business alert.

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