tv Varney Company FOX Business February 11, 2025 11:00am-12:00pm EST
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unelected bureaucrats during the biden administration. those individuals when, by the way, basically ran our government in the absence of a president. >> this is high stakes poker, for sure. elon musk does not want to see softbank's investment, so he offered a third. >> i trust that speaker johnson will get us together and, finally, we'll be able to put out a reconciliation bill with out of the house and send it to the senate. >> if you look at the demand for gold, central banks are buying it to the hedge their bets against a tariff trade war that could set off globally. >> i think the market is jittery about what's going to the happen with tariffs at this point many time. it's going to to take something extraordinary to spook the markets, to add to this sense of above average risk. ♪ ♪ david: well, that's allman brothers. i don't happen to know that song is, i can't believe it. have you heard that one, jimmy
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in. >> southbound. there you go. david: it is 11 a.m. on the east coast, tuesday, february 11th. checking the markets, kind of a mixed bag but nothing dramatic. the dow is up a little bit, s&p is down a little bit, down 1, nasdaq is down 12. hoe me big tech, if you can. not doing too badly, a couple in the positive territory, apple and nvidia. microsoft, alphabet and amazon are down. the 10-year treasury yield is up significantly, 4.6 basis points, over 4.5, 4.542 right now. now this, democrat congresswoman maxine waters continues to really melt down over president trump and elon musk's doge agenda. watch this. >> he has turned over our country to elon musk. we didn't elect him, we didn't select him, we didn't ask for him, and we don't want him. so, elon, come here and face us. bring your [bleep] on over here.
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come on over here and face us so you can hear from us, you can see us, you can look us in the eye. we're not afraid. this is thievery. this is gangsterism. david: thievery, gangsterism. who better to talk about that subject than jimmy failla. >> there it is! bang. david a david jimmy, this from a woman whose husband ran -- i shouldn't say ran, he was a director of a bank during the financial crisis is, 2008-9. the banks weren't supposed to get bailouts if they were poorly run. he had a porsche as the company car a. [laughter] he got a bailout, she was on some committee that was directly involved in those bailouts. is she the one to talk and point fingers? >> no. this is what's so absurd about it, and i'm going to oversimply fite, okay the in they don't want elon musk scrutinizing government spending. look at this like a marriage. if your husband won't let you see the credit card statement
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from last month, odds are there's something pretty bad -- [laughter] jenny's using the reese saw to change the locks on the -- visa, to change the locks because she knows someone was out a little late and came home with glitter on his face. david: you wear glitter? [laughter] >> sometimes. the rent don't pay itself. there's an old adage from the legal profession p when you have the facts, pound the facts. when you have nothing, pound the table. they're pounding the table because every line of attack doesn't hold weight anywhere. we can't elect you? duh, okay in we don't elect anybody, a president appoints to his cabinet. we didn't elect pete buttigieg to be transportation secretary, he was appointed by joe biden. when they start to give you the percentage argument, well, it's 1% of discretionary spending, if jenny says i can't believe you lost 8% at the blackjack table, and i go, it's only 1% of what i lost at the the casino, that doesn't make it better. [laughter] they got nothingment. david: chuck schumer outlining
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the democrat strategy to push back against trump. it includes a web port aal for whistleblowers the expose wrongdoing in the trump administration. he said, quote, this coordinated assault is ott not what most americans and our constituents voted for in november. senate democrats have a responsibility to fight back on behalf of american families as republicans look the other way in in obedience to to donald trump. yeah. what voters voted for was more corruption in congress -- [laughter] what they voted for was wasting more of their money on these incredible bureaucratic schemes. >> dave, when you hear we sent $6 million to egypt to promote tourism, that's literally a pyramid scheme, okay? [laughter] that's what their tourism is. there's no -- good night, everybody. there's no defending this. to the whole point of we didn't vote for this, okay? no, you didn't, because your side lost. we didn't vote for a lot of the things under the last administration. does anybody remember voting for john kerry to be your private
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czar? fly around on a private jet and lecture me about reducing your car a bonn footprint? my side didn't was we lost. because we lost. david: pyramid schemes in egypt, i didn't know he was going to go there. >> we're not mess around here. ca david david jimmy failla, thank you very much. we're beginning to be watching fox news saturday night, 10 p.m. eastern time. you till have a live studio audience? >> yeah, i'm shocked. david: i love that. >> the fans that my if -- the fact that my fans get through security, i'll take it. david: the market was in the red, well, dow in the green. you gave us one index. that's pretty good. dow's up, nasdaq is down 29. mike murphy is here joining us now. you don't have to worry about following jimmy failla -- >> that's a tough act to follow p i'll tell you. david: bye, jimmy. stocks fall as global tensions rise. the bottom line is we're, we are
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now worried about the global situation and reaction to donald trump even though, i think, he might end up having a very good effect on the global economy if more people do what he plans to do, lower the costs of doing business. >> absolutely agree with you. however, short term it can the cause fluctuations in the stock market. donald trump came out, which i think was the right move, to say saturday is, 12 p.m., if we don't get those hostages out, all hell's going to to break loose. good for him, and good -- i don't know how you wouldn't support that. however, the markets leading into friday at 4 p.m. when they close may be a little bit jittery. that may cause concerns because no one knows what is going to happen by noon if on saturday if that a deadline's till out there. so short term, yes. longer term it's going to result results in more peace globally which is good for the united states, it's good for how economy, it's good for all countries out there. david: of course, we still don't
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know what's going to happen with taxes. if they don't get the tax bill in before the end of this year, we're going to have the biggest tax increase in history that's going to hit small businesses and individuals very hard. could that view things up? >> it could. however, i think we voted in, the majority of the people in this country voted in president trump, so if you're betting on important things like that getting passed, i'm betting on him to get that done. i think right now look at the markets. we're sitting -- a lot of different things going on both domestically and abroad, and and we're sitting right at all-time highs. we're right there. there is another push coming as trump continues to accomplish more. david: we've got the chairman of the tax-writing committee coming on in this hour. jason smith is going to be here. stick the around for that. you're with us for the entire hour, as a matter of fact. now this, the ceo of openai, samalman, has rejected a $97.4 billion buyout safer from if a group of investors led by his former partner, elon musk. lydia hu is here.
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not a lot of kind words between the two former partners, right? >> reporter: no. there are a lot of jabs being thrown back and forth on x. sam altman did do a tv interview this morning, and he said, you know, what musk is really trying to do here is slow the progress of openai down rather than compete on the actual technology of artificial intelligence. meanwhile, musk is saying in a statement that's just trying to get open a a i back to its charitable purpose. quote, it's time for open a a i to return to the open source, safety focus for good it once was. we'll make sure that happens. but, you know, this is all coming after that bid was made public, you know, that you mentioned, altman turned to x and he wasted if 40 if time in rejecting that offer. he said this: no thank you, but we'll buy twitter for $9.74 billion -- david: same number, different decimal point. >> reporter: and kind of a dig at musk because that's only a fraction of what he paid for the platform just a couple of years ago. musk relined to that tweet
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calling altman a swindler. this is a bid for control over the future of the organization that, as we know, brought us chatgpt. musk and altman cofounded openai in 2015 as a nonprofit. musk left and since then openai has raised billions of dollars in investments from companies including microsoft. and now openai's ceo, altman, he wants to turn openai into a for-profit company, and musk is trying to stop that through the courts. he wants to keep it a nonprofit. and that's where this offer from musk really comes into play. musk's lawyer says if openai were converted into a for-profit company, then the nonprofit should be compensated for losing control over that a.i. technology. so it's musk's near $100 billion offer for the for-profit -- excuse me, for the nonprofit on the table, it now could be harder to convert openai into a for-profit version. listen here. >> can you afford to buy open a a i now in.
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>> the board will decide what to do. the nonprofit will continue as a very, very strong thing. the mission is very important, and we're totally position focused on making sure we preserve that. >> reporter: if there are more offers that come in, musk's lawyers say they're ready to match or go higher, and it could be more difficult to turn openai into a for-profit -- david: the iron anywhereny is trump has brought both of these guys into the white house. you get a sense he's having fun with the whole issue. lydiaing thank you very much. coming up, donald trump's border crackdown appears to be working. groups of migrants seeking to somewhere the u.s. has been stopping in their tracks and turning around. their intimidated by all that heavy border security. meantime, donald trump says if people want to come to the u.s., they have to do it legally and have merit for our economy. listen. >> i want people to come in, but they have to come in legally, and they have to love our country, they have to be capable, they have to be merit concern.
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david: former sheriff mac lamb is here on that -- can mark lamb is here on that next. ♪ ♪ where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management
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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. ♪ david: well, now this, migrants heading to the southern border are stopping in their tracks and turning around as trump cracks down on immigration. mark lamb is the former penal county sheriff in arizona. he joins me now. to so, mark, it looks like trump's enforcement efforts are working. is that that what is literally causing migrants to rethink coming in? >> absolutely. the messaging matters. this is what we've been saying for the last four years.
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the previous administration had very weak and confusing messaging. frankly, their messaging was basically saying, come on in. now that we've got president trump in there, the messaging and the actions are consistent. we have the military down there, we're removing people from the country. these people don't want to pay those cartel fees and then only to get returned. so, yes, the messaging is working, and we're seeing it based not just on the streets, we had over a 45 a 0% increase in pursuits, almost 400% increase in traffic stops involving human smuggling. that has diminished, and now they're going back to the old ways they did during the trump administration. david: the department of homeland security wants to deputize some irs criminal investigators to assist with immigration enforcement. how do you think that would work out? >> well, look, i have a very good friend who's a treasury department agent a, and these are actually very skilled agents. they've been through the academy. a lot of them have served search warrants, written up reports.
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so if they're referring to the treasury agents to have them go out and help, i think that's a great idea. look, if we're just doing pen sill pushing, irs agents who typically bother americans, no, let's not put them out there. i think they're referring to actual treasury agents who have law enforcement experience and would be good to put out there on the streets to help out. david: mark, very quickly, how are border agents feeling right now? they were unloved for a long time. are they finally feeling they're in the right place? >> they feel very loved, you know? but this is a lot of work. this last administration created a huge workload for them. now they've got to go out and do work and -- david: but it's what they were trained for. it's what a they were trained for. >> exactly. david: i heard so many people say we weren't trained to be pencil pushers. i mean, that's basically it. mark if lamb, great to see you. thank you very much. i'm glad things are turned around for you. now this, president trump is calling for immigration based on merit. ashley webster, good morning to
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you. what is he saying about this, ash? ashley: good morning, david. yes, he would like to replace family-based immigration rules with a system favoring highly skilled, financially self-sufficient of migrants, not a wide open border. >> open borders, i don't want to have open borders. i a want to have very strong borders. i want people to come in, but they have to to come in legally, and they have to love our country. they have to be capable. we won a big supreme court case, it's called merit-based. we have the right to have merit-based. it's hard to come together when you have some people want a closed border and some people want an open border. ashley: now, under a merit-based system, immigrants would also have to learn english and pass a civics exam. and, by the way, david, both australia and canada use point-based systems to to determine if someone qualifies to enter the country as a skilled worker. david: yep.
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ashley: what a concept. david: it works pretty well too. ashley are, thank you very much. mike murphy, what do you think about this? based on merit. if people have something they can add to the economy if instead of just coming in for welfare. >> i mean, common sense. we're going can -- going to bring people this in who help all of us versus is illegal potential criminals coming into the country. i mean, i don't know how anyone could stand against this. and it has the potential to help us in so many ways because thesg skills in, who cares what color their skin is. they're coming in to help country grow that was built on immigrants. we want, as trump was saying, we want those people, we need those people, but we need them legally. david: we're not just talking about tech folks, we're talking about bricklayers, people who know construction, etc. >> absolutely. everything from between. if people want to be here and love this country and want the help the country, bring 'em in. david: well, you used the phrase, common sense. that's what it's the all about. let's check on the markets right now and, again, it's a quiet
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day. we have two to out of the three indexes in the plus category. the s&p just by a sliver, it's up .29 points. dow jones is up 40, nasdaq is down 20. if mike murphy, thank you very much. coming up, listen to what house speaker mike johnson said about the budget resolution delays. >> everybody needs to relax. it takes a lot. we're doing probably what is one of the most consequential piece of legislation in decades for congress, and it's got a lot of moving parts. david: our next guest says one big, beautiful bill is the best way the deliver trump's agenda, so will it happen? if anyone know, it's the chairman of the house ways and means committee. that's where tax bills start. the chairman, jason smith, is here next with that and much more coming up. ♪ sometimes i can't help but feel that i'm wasting all of my time ♪
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you've got some movers in the market. let's start with netflix. ashley: why not, david? down today. but there are reports netflix is exploring whether the license video to podcasts. those podcasts could offer netflix cheap content and, of course, potential ad a revenue growth. the company reportedly looking at youtube's success. you know what? they're not just for listening anymore though netflix down about 1.5%. next up is archer air -- aviation. those are the air a taxi people, just secured person $300 million in funding from investors including blackrock. that funding will help advance its next generation aircraft manufacturing capabilities, we are told with a specific position on batteries and composites. the stock not really reacting to that, david. down 4%. back to you. dafd. david: thanks, ash. mike murphy, you have got some stock picks. tart with blackstone. >> so as you start to see the private companies and the ipo
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market opening up and these private company coming public, that really plays into blackstone's sweet spot. the stock, however, ran up into the trump presidency, into the end of the year, and it sold off a recently from 190 down here to where it is, $163. 2.5% dividend yield while you wait. david: wow. >> i think blackstone has had a track record of just simply performing over the last several years, and they're going to perform again. and the setup for them right now is almost perfect. david: particularly with changes in the sec making deals that they do all the time much easier to do. >> exactly. david: next one is tesla. close contacts with the white house. >> yes. and, again, ran up into the election, now it's sold off from almost 500 to $335, so it's down some 30%. but i think if you go back, again, in history, any selloff in tesla's stock has been an opportunity. yes, elon musk has a lot on his plate, but he's always had a lot on his plate, and he's been able
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to deliver. if you look at tesla here, the argument was it was too expensive up around 500. at a 336, i think that argument gets a lot harder to make. i like it here. david: mike, thank you very much. now this, senate republicans moving ahead with plans to advance trump's agenda in two separate reconciliation bills putting the trump tax extensions which are due to expire at the end of this year in second place really, i gotta say that. congressman jason smith is chairman of the ways and means committee. that's the committee that writes tax bills. and particularly the ones that are due to expire. mr. chairman, thank you so much for being here. you and and president trump say the best way to deliver trump's tax agenda, the one he campaigned on, is with one big, beautiful bill. can it still guess done? >> absolutely. failure is not an option. i've said it all along that we need one big, beautiful bill that addresses the border policies, the energy policies, tax and spending cuts. and that is, in fact, what the house of representatives will
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deliver and will push on. there will only be one bill that becomes law this year, and you bet tax better be included anytime. a. david: now, one of the problems, of course, congressman, is it's not just democrats who are against the extensions. a number of republicans continue to bring up this cb if o estimate saying -- cbo estimate saying tax extensions are going to cost $4.6 trillion over 10 years. the same a, this is the same cbo that a has reported that a tax receipts have actually grown by 1.5 trillion since 2017 when the tax cuts kicked in. so how do those two things square? >> dade, that logic is completely -- david, that logic is completely wrong. our country, our government does not have a revenue problem. our revenue as a percent of gdp if has a stayed around 17% for the last 50 years. we're above 17%. that is under the current tax policy, the very successful
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trump tax cuts of 207. for -- 2017. for people to believe that a just continuing current tax rates, current tax policy is going to add $5 trillion to the deficit which these bureaucrats are saying are just putting add roadblocks in delivering on the president's agenda. david but, chairman, i've heard republicans say the same thing. why would they possibly say that when it runs absolutely counter to what has happened since the first tax cuts in 2017 kicked in? >> you know, david, i asked my colleagues at every forum, every public meeting that i talk about, do you think we have a revenue problem or do you think we have a spending problem? not one has ever stood up and said we have a revenue problem. and so that is why you are fine with trump's tax cuts. and that is exactly why you should not have to, according to cbo, come up with trillions of
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collars -- dollars just so people can keep more to of their hard-earned money. republicans do not believe you pay for tax cuts. david i would just ask them, do you believe in? i mean, $1.5 trillion is not a deficit. it's a plus. it's not a cost, it's a gain. and they don't seem to get that, that there's a dynamic effect with with tax rate cuts. finally, what kind of bill have you -- you must be working on a bill, a way to reconcile these, the extension of the tax cuts into the reconciliation bill. when will you be finished with that job? >> let me tell you, we have been preparing for this moment for over a year. on the house ways and means committee. unfortunately, because of the process of how things go in washington, d.c., before we can even attempt to mark up tax legislation, we have to get our instructions from the house and senate budget committees. and that that's what we're with
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waiting on. i know the budget committee noticed a mark-up for thursday at 10:00 for the budget resolution. that will be the first steps in allowing the ways and means committee the deliver for the. 77 million people that sent donald trump to to watch. and that is to create -- to washington. that is to create tax relief, immigration -- control of the southern border and also energy policies. david: but the main problem, clearly, are the republicans from blue states, states that that voted as a state for democrats, who want -- who are taxed very highly, and they want to extend the s.a.l.t., the state and local tax dedunks beyond the $10,000 limit now, correct? how are you to going to work that out? >> david, the main problem is we have the small estimator in the history of this country with 218-215. the senate has a larger majority, to that means that every member of this conference has to work together. we have to thread the needle.
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there are people, there's going to have to be give and take when it comes to s.a.l.t., there's people that are going to have to give and take when it comes to budget and spending cuts. there's people that's going to have to give and take when you look at green credits. these are all things that's part of the process, but we're going to get it done if we stick together. david: you have more than just one needle to thread, you've got a lot of needles working at the same time that. [laughter] chairman, thank you so much for being here. good luck. you've good quite a task ahead of you. appreciate you being here. >> thank you, david. david: mike murphy, what do you make of in this? >> so i love the fact that the messaging there, you know, we need to stick together to get this done. and i'm going to say i'm betting on them. i believe they're going to to get it done because i think they realize the window that they have is potentially very small -- david: will they do it this many if one bill or two? >> well, that's kind of above my pay grade. i'll go with one, but the honest answer is i don't know. also i don't care. i just think if they push forward what needs to be done,
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the right thing for -- he mentioned the 77 people who voted for president trump, i think this bill helps the entire country, the 330 or 40 million americans in this country. so getting this done, it's a heavy weight, but it sounds like the leadership is definitely messaging this properly. so is i'm betting on them. david: mike murphy, thank you very much. coming up, listen to to what president trump said is about a j.d. vance becoming his successor is. >> right now do you view vice president j.d. vance as a your successor, the republican nominee in 2028? >> no. [laughter] david: we'll bring you trump's full explanation if about that no answer. and the sunshine state's financial chief and florida congressional candidate jimmy patronis is calling for elon musk and doge to audit state university grant use. he says that money could actually be helping to suppress free speech. jimmy patronis joining us next on that and a lot more. coming up. ♪ ♪ literal darling, stir it up ♪
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david: not much change in the markets. the dow up 27, s&p down 2, and nasdaq down 25. coming up, "the big money show" can cohost brian brenberg is here right now with a look at what's coming up. brian. >> that's right, david. we're all over the major clash over cuts. doge is uncovering billions in waste, and washington is digging in. democrats are even considering shutting down the government. all that and more coming up at noon, david. david: all right, brian, thank you very much. now this, on april 1st florida's going to be holding its special election the fill former congressman matt gaetz's seat. jimmy patronis beat out nine other republicans to advance to
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the special election, and jimmy joins me now. jimmy, good to see you. thanks for being here. how are you preparing for the april 1st race itself, and are you going to to make it? >> we are. and, look, thank you for having me. we are working every single day as we still have a general election to run, but there's a lot of moving parts happening in washington, d.c. right now. my vote, the congressional district 6 vote, the michael waltz seat, those are two highly anticipated republican seats to help get president trump's agenda across the finish line. david: well, and they need you rah desperately. i think think it is the slimmest majority there's ever been in the house of congress. so they need every republican they can find. you are florida's cfo. you have been responsible or at least a part of balancing the budget of that state several years in a row now. i don't know how many years it is in a row. when you look at what a doge is trying to do with the federal government, is there any advice you would give elon musk and
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others about how to get the affairs, financial financial affairs in order down there? >> yeah. what i would tell elon musk is put your foot on the gas pedal. this is probably some of the best exposure of transparency we have seen in washington ever. finish and so this is a web site you can go to, it's the usa spending.gov. and you can put keywords in there. this is how some of this is being discovered just by everyday citizens as you think about how massive the federal budget is, and you've got to drill down into those grants and how those grants, a degree of separation, ultimately, are being used for things that are not in the best interests of the taxpayers. david: what about other states, jimmy? if i happen to live in one that is terribly irresponsible, fiscally speaking, new york. california is another one, illinois is another one. have they shown any interest in coming down to florida, talking to you and figuring out what you are doing right with, by the way, zero state income tax?
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>> so we've had other states reach out to us about wanting to emulate our business model that have a state income tax and want to try to shift away from pit. but, look, it's not going to happen overnight. it takes some tough decisions in order to make that transition. but, i'm sorry, new york, you're broken up there. i don't know if there's a pathway to turn around a new york or a california or any of these other places i'm never if going to live. david: well, i mean -- >> there's some real challenges. david: david standing up for the undefensive can -- indefensible -- [laughter] new york, at least new york city when giuliani was here, there have been attempts, and usually it comes by lowering tax rates, not continuing to raise them as a we've done. that's the key that that they don't seem to get. >> well, david, i've always said when i've been in tallahassee that the people of the state of florida spend their money better than tallahassee. i'll have are the exact same attitude in washington d.c. again, i love that the democrats
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are losing their mind over what elon is exposing, and i hope he continues. to me, transparency is absolutely the best disinfebruary if about the. david: one more -- disinfectant. one more on elon. you're calling on doge to awed create florida state university grants. what do you expect them to find out? >> what we've got is these different universities as, again, the grants get passed through, and they're using these dollars for censorship. they're going out and engaging in groups called news guard. and it's kind of like a ratings service which it really silences conservative voices. it's horrible. but, i mean, we've got to expose how these dollars are being used. i don't think the public would like to know that their dollars are going towards censorship. david: jimmy patronis, best of luck to you, jimmy. april 1st -- is the day -- >> thanks for having me. appreciate it. david: bret baier asked president trump if he thinks
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j.d. vance will be his successor. ash, come on back in. what did trump say? ashley: he said, uh, maybe but not yet. listen to this. >> right now do you view vice president j.d. vance as your successor is, the republican nominee in 20228? >> no, but he's very capable. i mean, i don't think that, you know, i think you have a lot of very capable people. so far i think he's doing a fantastic job. it's too early, we're just starting. >> right. >> i will say -- >> by the by the time you get to the mid full-terms, he's going to be -- mid full-terms, he's going to be looking for an enforcement. -- endorsement. ashley: so the president deflecting that that the follow-up question from bret, but presidents don't always support their vice presidents' visions for higher office. barack obama discouraged joe biden from running for president if you remember back in 2016, clearing the way for hillary clinton and, dade, we all know
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how that turned out. [laughter] >> we do ors indeed. ashley, thank you very much. before we go to break, just another view of the dow 30 stocks. it's about a even split right now between winners and losers. but the overall index is actually up 45 points. the only index that is up, the others are down just fractionally. joe rogan saying democrats are losing credibility for going after elon musk and doge. listen. >> and he's finding this manipulation of public perception on a wide variety of issues. and no one's addressing that from the if left. what he's doing is uncovering insane corruption. david: more on joe. and bill hemmer joining me next with more much more to say about that and a lot of other things including the super bowl. bill hemmer coming up. ♪ i couldn't do it if i stood where with you stood ♪ i'm hard to love, hard to love and you say that you need me -- ♪ well, i don't deserve it, but
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they believe the first is weaponization. they believe that the former justice the department under the prior attorney general and sdny was weaponized against eric adams, and secondly, they believe this indictment prevented him from doing his job. this is from acting deputy attorney general amil bove. he wrote the acting u.s. district attorney at the southern district of new york yesterday. he wrote, the justice department has reached this conclusion without asserting the strength of the evidence or the legal theories on this case is based. adams a was facing criminal charges, david, of wire fraud, bribery, soliciting illegal foreign campaign contributions from foreign nationals. however, mr. bove says those two main reasons is why he wants this case dropped. first, as i said, he believes that the mayor was targeted by the prior u.s. attorney's office. second, he says the pending prosecution has unduly restricted mayor adams a's ability to devote full attention and resources to the illegal
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immigration and violent crime that escalated under the policies of the prior administration. doj officials insist, david, that a there was no quid pro quo. however, they believe this case took adams' focus away from implementing a plan to curb illegal immigration in if new york, and that counteracts president trump's executive orders. our lauren green caught up with the mayor shortly after we broke this news yesterday. watch. >> we were just notified of the possibility that doj is communicating with local district attorney's office here, and we're going to find out more information. >> reporter: he didn't say much, but in a few minutes he will be speaking from if city hall in new york where we do expect perhaps he may make a comment or two on this. it's also notable that that his attorneys were down from new york here in washington at the jus is disdepartment meeting with those officials who are essentially -- justice department who arer isly directing the u.s. attorney the drop that case.
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david: hat tip to lauren green for that spontaneous interview. >> reporter: good job on her. david: now this, joe rogan is slamming democrats for if melting down on doge uncovering wasteful spending. watch. >> and he's finding this manipulation of public perception on a wide variety of issues. and no one's addressing that from the left. so they're losing more and more credibility. >> yes. >> so all they can cling to is he has access to people's social security numbers and private information. really? if is that it? what is he doing? what he's doing is uncovering insane corruption. that should be the primary thought. >> yeah. >> that everybody has. oh, my god, we have this enormous deficit, spending is completely out of control, and look what it's being spent on because this is the first time we're ever getting a [bleep] peek into the coffin. [laughter] david: i love it x. so does bill hemmer. that was him laughing in the background. what a pleasure to have you, bill. mike murphy and i were talking
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earlier about the power of joe rogan. for joe rogan to be as specific and clear as he was then, is that a reflection of what the american public is now saying, they look at what the democrats are doing? >> i guess what i would say on a business channel, and you guys are talking about business all day, you guys talk about budgets, don't you? david: sure. >> what does every family if in america talk about? budgetses. it just makes sense to look under, what did he say, hood or casket, whatever it was there. is it corrupt? maybe not. but is some of this or a lot of this poorly managed? likely. we had a vote -- david: by the way, i can tell you, aid, this is a lot of corruption at aid not only from their standpoint, i used to cover latin america, i would see aid bags of rice that were supposed to be given to the people end up on the black market. so there is corruption all over. there's enough corruption but also mismanagement. >> i get it. we had a voter on, he's a trump support per, dana and me, from
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iowa, and he said you can have my social security is number. i got nothing the hide. [laughter] go ahead and take a look at it. look, at a minimum, 51% of the country believes and thinks the same way. rogan thinks and believes the same way as that voter in iowa. my question would be, and i don't know this answer yet, but usaid does help influence american policy worldwide. if there is a vacuum created by that lack of spending, does someone like china fill it? and i don't know what that answer is. david all right. hamas is slowing down, they'd already slowed down the release of hostages, now they say they're stopping them. president trump says there will be hell to pay at 12:00 noon. what do you think? >> i think it's good for the world that someone finally put a deadline on this. i don't know what happens between now and saturday is. in all likelihood they'll work out some sort of deal. the hamas said that the idf, the israeli defense forces, are blocking the flow of
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humanitarian aid. the defense minister said that's a complete violation of the ceasefire, for hamas to say we're not going to give back hostages. david, unfortunately given the conditions of those that we saw who came out this past weekend -- david: horrid. >> -- i don't know about the others. and you have to ask yourself, a, is hamas being truthful about the humanitarian aid, or are they trying to hide something? and whether we like it or not, the world's going to find out sometime very soon is. you've got five or six days to work on this, right? witkoff is in the mix on this. he's pulled magic out of his hat before -- david: he has. >> i'm not suggesting all hell's gonna break loose on saturday, but i do think there will be some sort of arrangement made. but i think, ultimately, it doesn't matter, you know? hamas and the israelis are going to to have their disagreements from here until the end of time, unfortunately. david: yeah. >> big question is, how many are alive and how healthy are they today. david: bill hemmer, good to see you. >> you too. david: it's time for the tuesday
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david: we asked what is the highest point on earth measured at the planet's center, mount shim marrazzo. david: i have no clue. ashley: mount vincent. david: what do you say? >> i'm going with number 2, mount kilimanjaro. david: i know this has to be wrong the. i'm going to say mount everest, the highest mountain in the world. mount jim marrazzo. earth is not a perfect sphere but a bit thicker at the equator, it's the highest center, the peak what are cut -- the peak of ecuador's mountain located 1 ° south of the equator where earth's bold is the greatest. of "the big money show" starts now.
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