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♪. david: it is monday morning good morning, everyone i'm david asman and for stuart varney it is 10:00 o'clock eastern time let's get straight to your money's doing well although it's come down a little bit the dow is up by by 122, well over 200. the nasdaq is holding onto the gains increasing a little nasdaq is up 165 points right now, let's look at the ten year treasury yield it's up to 2.47, how is oil trading, up a dollar to $71.99 almost 72 it's up to 97321 that is a gain of $1594. now this president trump spoke with bret baier about what it takes to bring the country together. >> he won the popular vote in

the swing states have you thought how to bring the country together. >> we have to come together but to come together there's only one thing that's going to do it that is massive success. successful bring the country together but it's hard i say it's hard i signed a bill allowing for women not to have to be punished by men in sports in other words men will not be allowed to play in sports it's ridiculous. david: guy benson joins us in the same studio until 1130 and postgame reaction last night, thank you so much it's a pleasure to be back. will success bring people together has it already brought people together at least people that were neutral about trump. >> cbs news had a new poll out yesterday that has president trump of 53% approval. he never sniffed 50% approval during his first term he's getting some of the good grace

and the honeymoon that he never experienced last time around in 2016 and 2017. it's right at the country is going to do really well people feel like were cooking with gas that will help bring folks. you never going to bring the partisan divide entirely but some of the people in the middle they feel like they're doing well in the country and obviously that's a huge plus. the one thing that was interesting noticed the pivot he asked about uniting the country and then he goes straight to the woman sports issue that might strike as odd except this was something that he intuitively understood. it is so popular the move that he made i saw someone on another network on the data guru saint looking at the numbers over the last couple months in the back for four years is statistically signing the executive order might've been the single most popular thing. there are other people and

willing to incur the wrath of the radicals when she took h her stance against biological men and women sports, she stuck with it and she said she's glad she did because she has support she never thought she would get the messages we gotta succeed in the average person in the pregame super bowl . in the common sense then, can't we all doesn't that resonate with a lot of us that was cl clever. >> i want to get james carville the democrat hysteria in the probative education and everything. here's what he had to say about what the fellow democrats are doing. roll tape. >> it's like a plan and progressing unquote america that sees how many stupid things that they can embrace its stunningly stupid not both of them. >> it unites with the transit

issue, people just want to get back to common sense girls do want to have to worry about men in their bathroom. >> carville is expressive the frustration that i would share on his side. conservatives might create this gargoyle cartoon characters of crazy left-wingers that would enable you people and then you see the people come to life all the time doing those actively in alienating things in carville is blaming his party to be more normal. interestingly john fetterman the sediment from pennsylvania is behaving accordingly and he keeps waiting for others to join him. he is looking around and maybe he feels lonely sometimes. >> i've a feeling they will gravitate towards that if not him personally, thank you for being here. checking the markets is a good day in the green for the market we have the job up 160, the

nasdaq up 186. jeff sica joins me looks like the chopper administrations recognize the fed is losing the battle with the markets on interest rates. i just wonder somehow in the mix with all of his plans is something to take the fed out of the interest-rate equation, what do you think. >> if you look at what jerome powell and the fed have done they've done more to ignite inflation then they have to calm inflation. what they did and what we saw last week with scott bessent, scott bessent as secretary of the treasury is coming in and he is an entirely different plan, what the plan is is to lower the yield on the ten year treasury, what that means for people is a ten year treasury is a good percentage of the borrowing cost

are gauge two. as a yield declines it shows first of all confidence in the u.s. treasury market and second of all and allows banks to lend at lower rates because what scott bessent and president trump relies if they don't get rates lower there is an avalanche of refinancing real estate and that will be problematic going down the road. >> we gotta talk about gold you put your cash into gold and hit an all-time high, are you still doing it. >> i love gold and the more talk about a trade war the more revelation in jerome powell absolute failure to control inflation, the fact that the fed has failed makes gold so much more attractive to me because we will exceed the 3000 mark.

>> were only $70 away. >> we will exceed it what gold reflex to me it's a protest against monetary policy is not only a gauge of inflation hedge of inflation and allows us to participate in some of the hedging against the failed policies that are brought us. david: thank you very much, lauren you're looking at movers let's start with lift. >> both of them soaring to the tune of 18%, lift will launch a powered robo taxi autonomous vehicle to the office soon as 2026 starting in texas up 4% and reports earnings tomorrow night. rumble is a video platform, 67 million monthly users and youtube and the white house just launched the rumble account part of trump being the first social

media president, the stock is down 2.5% michael saylor over the weekend it's called strategy, that the biggest corporate holder of bitcoin and they do not know what the to discuss, the market based on the gains for gamestop is assuming they had to talk about the bitcoin. david: thank you very much, still had donald trump explaining his reasoning as china's retaliatory tariffs are scheduled to go into effect today. >> wheel $36 trillion, that's because we let the nations take it vantage of us. i'm not going to do that were let that happen. >> more from the pre-super bowl interview coming up and expanding the immigration crackdown more active-duty soldiers going to the southern border as migrant encounters in texas are plummeting plus another ice leak, remember the one last week large-scale immigration reportedly will happen soon in los angeles how

are these folks getting the plans ahead of time will be talking to arizona sheriff mark daniels coming up next. ♪ ♪ chocolate fundraiser. with the chase mobile app, things move a little more smoothly. ♪ deposit checks easily and send money quickly. ♪ that's convenience from chase. 7 million us businesses rely on tiktok to compete. within a week of posting, i had over $25,000 in sales. i don't have a million dollars to put towards marketing and branding. tiktok was the way and it saved my company. we had a video do really good this week. sales were up 29%. about 80% of my business

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>> the dow has lost a little steam up 143 nothing to cry about. on the other hand the nasdaq is up over 1%, the nasdaq is up 218-point now to the migrant crisis, 1500 active-duty troops are soon to be deployed to the southern border, brooke taylor joining me now what exactly are they going to be doing there? >> the pentagon says they're going to deploy 1500 more troops to the southern border this is

going to bring the total to 3600 active troops, these troops what they're going to do is help build wire barriers, they can help with transportation and anything else to support the border patrol agents on the ground. it all comes as a legal migrant encounter have plummeted, texas dps says only 331 encounters on saturday along and guantanamo bay, the military expanding the facility to house up to 30000 illegal migrants until they could be deported to their home countries. two flights have brought illegal migrants there so far, dhs secretary kristi noem visited gitmo on friday and responded to concerns over human rights. >> were giving due process to migrants, we've done all the time following the same procedures we've always happen but where they advocating for the children that are missing that joe biden lost wire than a advocating for these families that have lost children laken riley, jocelyn's family.

>> ice operation intensifying across major cities in houston ice announcing they arrested a three-time previously deported criminal alien who has wanted for aggravated assault causing serious bodily injury and in baltimore ice arresting this ms 13 gang member from el salvador convicted of possession of a loaded handgun, border czar tom homan told fox over the weekend he's not going to be fully satisfied until he sees the number of criminal arrest go way up across the country. >> brooke, thank you. she's county arizona sheriff mark daniels joined me now. is there one thing in particular that donald trump has done that has led to this extraordinary decrease in migrants? >> i think there is, that is a fact that him and border czar secretary know have done an outstanding job of prioritizing

the message that is the border is going to be secured and consequences for those that come across the border no longer catch and release and no longer free open border it's a border that is being secured in their being held accountable that violate that. david: if your migrant tried to get into the u.s. you don't want to pay a coyote several thousand dollars to common if you to be sent right back, it's just frankly as simple as common sense for the migrants trying to get in, they don't want to waste their money if there sent right back. >> it's nice to see america have a business plan, somewhere to the cartels cartel have a business plan to exploit us now we have a business plan to stop it. >> next one, there are plans for reported large-scale emigration rate in los angeles that were leaked to the media somehow this coming after the ice rates in colorado were leaked those were focused on tren de aragua who is doing this and how do we stop

it. >> you have to figure somebody within the circle of knowledge and what are the biggest concerns law-enforcement has not local, state and federal when we have the individual in the circle of trust in they violated all the wrong reasons saturn officers and law enforcement get hurt because somebody doesn't believe in the mission and bottom line that's a criminal offense to help them find out who does in the prosecuted. david: in some cases being broadcast over the radio these are stations that were a part of something of george soros started out, they're getting it not only on the street from the demonstrators on the street but the tren de aragua and whoever listening to these over the radio. >> you really have to question i saw media reports on l.a. hardcopy media were there exposing this saying this is what's going on, shame on them and the fact are you promoting this reckless behavior whether

fbi, hsi or sheriff's office were out there to protect the citizens intercommunity and then you have the national media local media coming out saying that just shows you where were at in this country we have to unite on that the people that cause the greatest risk to human needs should not be protected by media or anybody else. i get due process but let's be real let's not trip the situation. >> there is a need a game plan a part of it that includes sending the worst of the worst the real hardened violent criminals to guantanamo bay to the facilities there, kristi noem we showed a soundbite and this is on the legality of doing that. roll tape. >> there will be people that will be critics of that but restated up the operations believing we have a legal right and authority to do so that facility has been used for migrants in the past the direction that they are flowing in agreement that we have to wither home countries and we

will keep the population changing. >> i believe gitmo was used by democrat presidents in the past to do that, democrats didn't have any problems with it then, do you think that will be challenged by democrats now? >> i think it already is. the fact that it amazes me the biggest problem that we have in this country's politics in the middle of the public safety and needs to remove itself, due process and i respected and respected court of law the homeland security secretary no and president trump and borders are homan has stated it will all be under the rule of law and due process, we respect that but when politics gets in the way because it's hypocritical you can use it for one under their ideology but president trump used it now it's a conflict and now it's illegal, that's a problem politics seems to step aside let the law do what they need to do their well trained to do with her doing. >> 's support for sanctuary cities nationwide as you see it

on the wing the people that are sticking by sanctuary cities are they facing more opposition now the more than ever? >> i think so we need to understand one thing democracy president trump ran with the prioritization is going to secure the border and remove those that came here illegally or should not be here we have to respect the will of the people and "the bottom line" of the mayors and governors that would not work with president trump you have to ask a question who are they protecting is of the violent criminals or the citizens that affected them to protect them. >> a very good question to ask them, mark daniels, good to see you, thank you very much for being there. trump announced tariffs on steel aluminum who will be most impacted by this. is it american consumer or others? we get into that coming up next. ♪ ♪

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of 223 points, calm on in your looking other movers starting with t-mobile that had a nice add. >> they plan to offer spacex darling to sell satellite services summer cost you $15 a month 500,000 square miles of the u.s. previously unreachable canal will be connected. >> good news for them td bank is exiting their entire charles schwab worth $15 billion they are john on the news, td bank up 3% all part of a strategic review following the landmark fine for violating laundering rules. >> gold hit a new high what's happening with the stock it. >> about three and half% gold is seen as a safe haven as we are staring down the brink of a global trade war, will there be more tariffs in gold is considered a safe investment metal at an all-time high, all

worries of inflation are still with us. thank you very much. president trump will announce new tariffs on steel and aluminum as lauren mentioned, china announcing new tariffs of their own. edward lawrence is at the white house with more, what is china taxing now. >> china is coming out with response to what the u.s. is doing the 10% tariff on us that's their response, president trump uses tariffs as a tool going forward the president expected to announce reciprocal tariffs on all countries not just china with a 10% across-the-board all countries in addition to the aluminum and steel tariffs are 25% one reason look at auto imports and exports the european union puts a 10% tariff on every american car going into its country in the european union like germany the u.s. places that should have% tariff coming into the u.s., makes it more expensive to buy american cars in the european union and less expensive for

americans to buy german cars here advantage europe, the presidencies are happening across the board and wants to level the trade playing field with our friends in addition to the president wants to use tariffs as actual 25% tariffs on canada and mexico immediately the countries pledged 10000 additional personnel to stop a legal fentanyl and crossings at the u.s. border. >> you announce tears on canada and mexico new-media legal action for both of them on border security and drug interdiction. >> is not good enough. >> many not enough, many democrats support the 10% tariff on china which blocks most of the u.s. products and a variety of ways other tariffs martin gone too far. >> trump's war on the closest trading partners threatens to raise the cost of household basics for every american family. trump cares about his bank account not yours.

he's focused on his family grievances but not your family grocery bills. >> the president believes he can use tariffs effectively like he did in his first term, on china the tariffs in addition to the tariffs on critical agricultural machinery which doesn't affect the u.s. because not a lot of products common as the export controls on rare earth minerals that will be the issue they put a quote on them on what you come to the u.s. we will see what effect that has. rare-earth are in everything. >> he keeps getting complicated by the hour more complicated. thank you very much steve moore you are historically a big free trader you would like to have 0 tariffs all over the world clearly that's not happening right now, are you concerned about what's going on? >> and there's some special tariffs on canada, china and

mexico and other tariffs that will be imposed on china and the new idea was very intriguing about reciprocity. i don't like the steel tariffs they don't create jobs in the united states they make steel for manufacturing i don't think steel and aluminum were very effective. i'm very intrigued as a free trader about this idea reciprocity. i wrote about this yesterday the united states is a special position on the world we are the hub of the world economy and every country has to trade with the united states. especially china if they can't trade their economy goes into the dumpster. what trump is talking about he saying you have to lower your tariffs or were going to raise ours i think at the end of the day it is a risky strategy but i think if you could end up with freer trade through the

reciprocity play because i think at the end of the day a lot of these other countries will lower their tariffs so they can have access to american markets. >> i don't think donald trump knows how to do anything that is not risky just about everything that he does has a lot of risk attached to it. when he wins he wins big. i want to switch over to doge. >> i want to say this quickly, the guy is a great negotiator he knows what he's doing and if we can get the other countries to lower their tariffs in response to what trump is talking about they cannot win a tit for tat is a losing proposition for them. david: doge is critical to an interesting thing, there is a recognition of reckoning that all americans are being faced with do you really want to be spending all of the money that your spending on things that don't seem to work with tremendous overhead and may be

forcing the country in the wrong direction those three things are all coming to a head of what elon musk and his team are finding out mike wall spoke about this and particularly with regard to usaid. i want to roll that get your reaction. enough with the blow in the waste and the debt and when we have intriguing dollars of interest of our debt that exceeded our entire defense budget, we need great minds and many business leaders to go when there and actually reform the pentagon's acquisition process. >> is talking about the pentagon but the usaid we've all known about the waste the $5000 toilet seats at the pentagon but what we don't know what the aig has been doing not only their overhead about 90% nobody would invested in charity that 90% overhead because they spend money on contractors and subcontractors and so forth but very often they are telling the

countries that they're giving aid to to do the wrong thing do socialist policies that run completely counter. the whole question of corruption whether certain people are getting rich off of all of this not only in other countries but in our country as well you have all these elements. i really think there is a fundamental recognition of the waste and fraud in our government that we've never had in this country before. >> the one area of government that americans of both parties and all movements pose is foreign aid the american people are smart and they understand that foreign policy, foreign aid does not work, let me give you an example what is the name of the organization the agency for international development show me where there is broad international development non- there is no evidence whatsoever after spending hundreds of billions of dollars that are actually causing economic growth, here is the steamer

strategy let's get rid of the unctad and put out our military planes copies of milton freedman capitals of freedom and fly them over this place like africa and dump them out and washing the shows knows it's free market free enterprise not government programs that cause growth. >> by the way there are sometimes supporting socialist policies in these countries whether working in nicaragua. >> let me give you an example of how pernicious it is the big issue for many of the villages in africa and someone they don't have access to basic electricity. you cannot grow if you don't have electricity the left-wing advocates go into these places with u.s. money and say don't build a coal plant or gas plant you need windmills or something like that is so crazy is impeding development.

david: i have to stick to the subject that we care most about getting the tax cuts extended the extraordinary thing from axios and other news sources that the c.b.o. found out it would cost $4.7 trillion to extend the tax cuts the same c.b.o. by the way, the same c.b.o. reports that since 2017 since the first trump tax cut was put in we collected 1.5 trillion more dollars than we had before. they are saying extending the tax cuts which provided us with 48% increase in tax revenue would cost how is that possible you can use the word cost with regard to the tax rate that brought insomuch revenue. >> your numbers are precisely right, you're exactly right that over the first six or seven years of the tax cut we got more revenue than they thought if we had done the tax cut we surpassed the revenue here's the

big problem in challenging getting that done we had too many republicans not democrats republicans are saying you have to pay for the tax cut what does that mean we don't want to pay for it pays for itself it did pay for itself why would you continue to use numbers that we know are wrong the same people got it wrong. >> what is the answer to that why do they keep using numbers that are dead wrong and not defeat what donald trump wants. >> great question, you know what these come from the congressional budget office who runs that congress, the house and the senate who runs the house and the senate. the republicans do why don't they put somebody in there that's an honest score that will do it right because c.b.o. you what i thought this for 30 years, they always get the numbers wrong. >> when they are reporting what happened the numbers are right the numbers show that the tax rates go down there is more economic activity more people paying taxes and revenues go up

it happens all the time of the u.s. history. >> working to get this is like pulling teeth right now. best of luck tough energetic focus ineffective donald trump positively since the start of his second term we're going to break it down in a brand-new pool plus foundation and university endowments are joining the crypto rash they are building bitcoin portfolios. we will get into that coming up next.

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>> checking the markets from the

earlier gains of 101 points, nasdaq is roy ahead of 245-point that is a one point to 5% gain, today is the first a.i. action summit mike emanuel joining me now. what is taking center stage this year question him him him him him him him and hear your today

him him him other country city a

repeat of the crypto portfolio. >> good morning i think you can call the case of somo with the trump administration pro crypto stance institution doesn't want to miss out on the market boom for instance the financial times reporting for the $200 million endowment the university of austin is raising 5 million-dollar bitcoin fund the first of its kind among the countries endowment and foundation georges university became the first college endowment to disclose holding the bitcoin etf in the $4.8 billion rockefeller foundation is reportedly considering its exposure to crypto currency, bottom line a growing number of endowment foundation and corporation for that matter of viewing crypto currency is not only as an investment but also collateral for raising capital in an

alternative strategy to higher interest rates and with the trump administration seemingly very much behind crypto seems to make sense. >> of another one president trump and his wife launched their own mean coins last month how are they doing so far? >> it's interesting the crypto currency some gain big and some did not. it was first issued by the trump family january and those who bought in early cashed in big. a handful of hundreds of millions of dollars many more got burned three days before the inauguration the mean coins saw the value go from 18 cents to $75 before crashing back down to around $17 according to crypto forensic analysis companies one early trader made 109 million-dollar profit in two days, 31 other major players walked away with a collective

669 million. they were the exception, total investor losses exceed $2 billion with many still holding onto the devalued tokens in hopes of a rebound. >> you gotta be careful buyer beware thank you very much, a new super bowl ad touting weight loss treatment now facing a lot of backlash from lawm lawmakers. the commercial controversy coming next. flying high the eagles dominated the chiefs 40 - 22 ending kansas city's bid for 3p as donald trump has applause becoming the first sitting president ever to attend a super bowl , we will bring you more highlights from the big game in a moment. ♪

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the way i approach work post fatherhood, has really trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families like my own. in the average household, there are dozens of connected devices. connectivity is a big part of my boys' lives. it brings people together in meaningful ways. david: checking the market in the dow jones industrial is up 120 points, the nasdaq is the big winner at 236, that is well over 1% gain for the tech heavy nasdaq for the national institute of health capping the amount of indirect funding for

research projects to just 16% cutting billion spent on grants, doctor marc siegel good to see you and are they specifically because they know something like this might fit his agenda. >> it's more the latter is in the pipeline this fits his agenda with doge to cut down on extraneous cost not to share the burden, the university using an nih grant is using the extra money were talking 35 billion an extraordinary billion for support services many labs, cleaning support staff, the argument on the other side it's happening so fast that it could actually interfere with grants

themselves because without the support staff you may not be able to get the grant off the ground. it seems like it is the right direction but it is happening rapidly, i don't want to see the grants jeopardized but i don't want to see the federal government paying excess amount either. >> have you, in your experience, in every facet of government grant making process, there is some waste and fraud have you seen any of that yourself? >> i would not use the word waste and fraud but that's a diversion money that's going one place ends up at a different place. i don't know if that is fraud but it's like an overall support of the place doing the grant or doing the research. it is a broad base i don't think one pot is deliberately feeding another one. >> next one illinois senator durbin in kansas saturday roger marshall probably now a super bowl ad for weight loss

medication from the telehealth startup hymns and hers the senator claims they don't disclose side effects, watch and decide for yourself. >> the system wasn't built to help us commit was to keep us sick and stuck but not anymore. hymns and hers offers life-changing weight loss medication they are affordable, doctor trusted him formulated in the usa. what do you think of the commercial, was it fair or not? >> i don't like it from a medical point of view, not all lawmaker point of view, let me explain these are new drugs, ozempic and will go they are new drugs in the under patent until 2032, for company like hymns and hers to be using like compounds in the user compounding pharmacy which the fda has no immediate jurisdiction over this i think that is a sleight of hand. what i want to see his patients in the doctor's office talking about conversation about weight

loss, should you be exercising more, should you be eating differently and that maybe the pills are tools that i use not pills but shots are tools that i use but i don't love the telehealth model for brand-new medication that has side effects, as they say is not being fully disclosed. i'm uncomfortable with this. i want experts involved and i want a conversation with the patient in a lifestyle change not just something via telehealth. the company does work that's good in other areas like viagra drugs or cosmetics or dermatological or hair loss but this is brand-new and this is not where i don't think they should be. >> i want to read what they said hymns and hers put out a statement about the reaction that the getting the negative reaction. this is a clear attempt by industry groups to cancel an advertisement that directly calls out how they're part of a system that fails to prioritize the health of americans.

we are complying with existing law and happy to continue to work with congress and the newer administration to fix the broken healthcare system. it leads me to a question about their complaints about all the ads that ozempic and the companies that have the copyrights the patents on these drugs, should the advertisement on television be eliminated as rfk junior says he wants to do. >> that's called direct to consumer advertising. it's been around a long time i've never liked it. i think moving towards eliminating or decreasing is right but is it it ironic that their statement we want to make america healthy again not the exact words but rfk junior saying don't do it with the shots let's do it with a healthy lifestyle. i don't think there being a little disingenuous calling not going for the health of the patient. the health of the patient occurs before you get to one of the shots has to do is sleeping better, eating better and exercising more.

>> we have to leave it at that. thank you very much for being here good to see you again, joe concha on donald trump being the first sitting president to attend the super bowl , kurt volker on trump's plan to in the ukraine work. allysia finley and democrat new jersey senator andy kim saying his party is ready to shut down the government over trump's executive order, abby hornacek is here on the secret service super bowl recruiting add, did you see that, the 11:00 a.m. hour of "varney & company" is next. ♪ where ya headed?

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