which is what america voted for. >> we are four weeks in but it seems like four years. it seems like the pace of news is tricky from the firehose to pivot back to markets, they keep hitting new highs, unbelievable things on the charts this is a hated bull market in the last month or two i think stocks will go higher. >> you not worried about volatility which seems a big concern. cheryl: were not worried about volatility futures are looking like a good tuesday morning open right now nasdaq 58, s&p up by 13 and change. the future will change 1:00 p.m. eastern time and take a break then we welcome back tomorrow. look to his back my man stuart varney. that was a real nice introduction, thank you very much indeed. good morning, everyone the avalanche of change roles on no

sign of any letup in the pace, but democrats stopped they have no alternate policies the response to the steamroller has been file a bunch of lawsuits, that is not working with voters, new polls show the president is more popular, his approval rating in several polls is better than 60% here are the late development, the europeans are scrambling to respond to trump's negotiation with putin over ukraine there holding an emergency meeting in paris as members of trump's team arrived in saudi arabia to set up the plan putin trump's summit. he comes to washington to meet the president next week. in the mid east lays down the law on iran, though never be allowed a nuclear weapon. at home trump's ability to fire the government agency is going to the supreme court, separately is fired around 20 immigration

judges no expo nation given. elon musk wants access to taxpayer records, that is contentious. the white house is waste and fraud are entrenched in doge needs direct access to the system to fix it. one more top white house economy says the president has a multifaceted plan to end inflation. the markets are closed today for presidents' day but we can quote futures. green for stocks the dow, s&p, nasdaq modest gains will shutdown the features at 1:00 o'clock this afternoon. bitcoin is down to 96400 as we speak. gold just about $2900 an ounce 29 tend to be precise, stay there. in a moment you're going to see trump the daytona 500, you've never seen anything like this. monday february the 17th 2025 is presidents' day. "varney & company" is about to

begin. ♪ ♪ ♪. stuart: back in the usa overseas look at sixth avenue is presidents' day. we're going to start this morning with president trump's trip to daytona what a show the crowd went wild about 120,000 were in the stands millions more watchdog tv he arrived with a flyover in air force one before he got to the stadium. he took a lap around the track in the presidential limousine also called the beast. he had a message for the drivers ahead of the race. listen to this. >> this is your favorite president i'm a really big fan of you people and how you do

this i don't know but i want you to be safe, you are talented people and great people and great americans. have a good day, have a lot of fun and i'll see you later. stuart: he had a lot of fun. he also delivered a message to the fans back home, listen to this one. >> our country is doing well again and we have. all over the world the spirit again we brought it back and it's been less than four weeks. and you'll see how we do in a period of time will get better but this is very exciting. stuart: first the super bowl now daytona the trump's sports show rolls on. now this. president trump and elon musk sat down for an exclusive interview with sean hannity. listen to what they say about the media's coverage of them in. >> actually, elon called me and said they're trying to drive us apart and i said absolutely. they said we have breaking news donald trump has ceded control of the presidency to elon musk.

president mosca will be attending a cabinet meeting tonight at 8:00 o'clock and i say it's so obvious. people are smart, they get it. >> they do actually. stuart: we need a guy like joe concha with us this morning. fortunately he is with us. do you think the media is trying to drive a wedge between trump and elon musk? >> absotively. i think the difference between trump 1.0 and 2017 and trump 2.0 this time around, trump is well aware the way they operate as far as trying to guilt him into feeling threatened by elon musk and therefore firing or having a public spat with him we saw the time magazine cover that said president elon musk democrat saying the real president is elon musk and xyz it's trying to bait trump but trump and elon musk know what's going on they are laughing it off.

here's one stone called fact no one runs donald trump you would think the trolls posing astern the list would understand that by now he is the president therefore he's the chief executive he can hire whoever he wishes as far as how to advise him on xyz and in this case higher elon musk to be an advisor and offer recommendation on what government programs and spending much of it wasteful and on the best interest of the united states can be cut. from there trump only trump can decide what stays and what goes this is not a constitutional crisis this is how any company or competent country is run if it chooses to be efficient. it is that simple. stuart: next case. listen to what house minority leader hakeem jeffries had to say about trump's high favorability rating. >> donald trump's favorability rating is higher than ever was the first time around. 63% favor federal government recognition of only two sexes

and they enter the united states illegally, 60% favor and if there is anything that you are seeing in that trump is doing that you are in favor of that you think is the right thing. >> let me say as it relates to all of the issues with just the beginning, i'm trying to figure out what the democrats response to all of this is. it seems file a bunch of lawsuits that's all they got. they have singing going on and front of federal buildings and yelling loudly in the microphones with fire and fury signifying nothing. this appears to be hakeem jeffries is done by the question a good question from jonathan karl as far as listing also pulling numbers where donald trump is clearly on the right side of many issues that americans care about what the

strategy is to impose anything and everything executed by donald trump that's what democrats are doing it's one big reason why the party is more unpopular with voters then any moment in its history they are accomplished at completing and they sound like they're on crazy pills but are they offering any positive alternative, any solution then designated with the american people, you can complain but you better have something on the other side that is positive and intangible instead of we will see you in court, sorry that's not a strategy. great stuff thank you for being with us always appreciated. see you soon, david bahnsen is with me. we are having fun talking politics but for a moment i gotta talk money is presidents' day the mark as close we can talk policy how about the reciprocal tariffs what do you think will be the likely impact on the economy in the markets. >> let's be clear because it's presidents' day markets never sleep even though they're not

trading the things are moving and stirring in the tax cut is a big deal you campaigned as a big deal politically and markets and i think to the extent that the tariffs right now are what people are focusing on they might be missing the bigger story with the tax cuts, reciprocity of the tariffs would exacerbate distress and markets, the question is not going to happen he used them as a negotiating tactic which makes market actors like me unable to co,because i can't comment on tariffs that it never happened that threats are one thing but then going there is another. stuart: seems like the policy is put money into people's pockets through tax cuts of various kinds and take money out of the economy by cutting spending of government is to balance it out. >> we haven't seen the spending cuts are focused on waste and fraud that's what doge is doing, congress is to cut spending the way the budget finance editor they have to cut $2 trillion

over ten years to get to trillion of tax cuts. if they don't find 2 trillion there not going to get the tax cut that so with the budget reconciliation window is going to work that defined spending cuts and that's not easy to do. >> the market rally seemed to have pause what event or move could start the market rolling again, how do we get a breakthrough. >> the tax cut that's the lowest hanging fruit. if we get really earnings results about 30 priced and you have to get good earnings results to keep things from dropping, good earnings going forward is awkward to drive markets higher, that's the big story. stay with me for the hour. good morning madison what is the latest on the republicans on the proposed budget resolution. >> it's not looking good essentially, the latest moderates are hesitating the back of resolution they're worried about cuts to medicaid, both representative david valadez and nicole malliotakis

came out and said they need more details about how the cuts would work before supporting the resolution democrats are expected to vote against it. only one republican candy for. at this point that means of resolution is shaky taking a look at the budget resolution outlines a $1.5 trillion floor for spending cuts and $300 billion in additional spending for border and defense. it also increases the debt limit of $4 trillion, things are shaky but talks continue. if house republicans pass the budget resolution that means they're able to easily advance trump's legislative agenda they just need a majority vote which would circumvent the democrats. a lot of reason to get this through but currently facing some obstacles. stuart: it's been like this from day one. >> if they stall the sun is going forward with the two bill approach which punts this to the end of the year that will not be good for markets. punting for the end of the year

we don't want it. the media tried to attack vice president vance for his speech in germany but secretary rubio pushed right back. >> he was standing in a country where free speech was popularized to conduct a genocide. >> have to disagree, free speech was not used to conduct a genocide there was no free speech in nazi germany. can you believe that that is really unbelievable. trump's nominee for u.s. ambassador to israel mike huckabee is going to give the response to that. a new report says democrat donors have become completely demoralized admitting pulling funding, we will cover that for you. american troops are training mexican marines in mexico. is this what borders are tom homan met when he said will bring the weight of the world on the cartels. ♪ aded? 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 pronamel clinical enamel strength can help us to keep our enamel for a lifetime. it's backed by science it is clinically proven to strengthen our teeth. i would recommend this toothpaste to everybody. it's really an amazing product. (♪)

force factor prostate advanced reduces nighttime bathroom trips, helps fully empty your bladder, and promotes a normal prostate size. why? force factor prostate advanced contains clinically studied saw palmetto, beta-sitosterol, and cranberry extract. rush to walmart and find force factor prostate advanced.

mexico senate has approved leading u.s. special forces into the country they will betray new mexico's marines. look who is here the trump borders are tom homan. is this what you meant when you said we bring the weight of the world down on the cartel? >> absolutely. it is a part of it but president trump designated a motor cartels as terrorist organizations and for a couple of reasons they killed more americans than every terrorist organization in the world combined and they killed thousands of journalist and politicians and mexican officials, look i think mexican monster freezer cartel they failed to shut them down in three decades, a lot of these

corrupt mexican officials don't want to be corrupt but their told by the cartel you will do this or will kill you and your family and their forced into it, mexico is welcoming the united states helping them take the cartel off the face of the earth. >> i believe you are accusing the fbi of leaking details about planned ice grades there putting agents lives at risk, how do you handle leaks within the fbi. >> what i said we identify the first that was not an fbi but the second one some information that tends to believe it came from the fbi but i want to be clear we have thousands of fbi agents on the street every day doing the enforcement operations are great patriots doing a great job. we will see if there is a leak within the fbi that's been investigated by the department of justice inspector general we will see where that leads but how do we stop the leaks we keep going forward you only have a

few the ticker political angle to this and i sent messages out to the entire agency involved in this operation when you take a political stance if you want to take a leap, what you're doing is putting lives of agents at risk we are concentrating on public safety risk, national security threats such as tda we don't need tda knowing were coming to the residence at a certain time because they can ambush our agents. opposer agents at extreme risk the early have a dangerous jobs after rest bad people committee leak puts them at greater risk we are addressing and ideas during investigation and the d.o.j. finds the leak they will prosecute the leak. >> we are told that some cities are spotters neighborhood watchers and when they see people that look like i.c.e. agents the word gets out people disappear, do you see that? >> we see that we have groups going across letting people know where were at and where were hitting the city and that happens during a lot of

investigations over the last couple decades. what concerns me young members of congress telling these people that were looking for don't open your door don't talk to ice and don't say a word and you don't have to answer questions and the big thing hiding your home and don't talk to ice when the computer. again i'll say it again we are concentrating on public safety threats these are people in the united states that are been convicted of a seller into serious terminal violation of public safety violation and they have been ordered to be removed by an immigration judge, they had to process or they have been ordered to remove, where members of congress educating them on how to evade ice, i find that deeply troubling. stuart: why did the administration fire more than a dozen immigration judges. >> i'm not in the loop on that i can only guess the biden administration with biden pardon a lot of immigration judges, the

left says are going to put judges in the supreme court and stack the supreme court that's exactly what they did when biden became president he got rid of conservative judges and stacked immigration was far left woke judges. i can only assume that some of the judges are doing the job they're supposed to be doing in ruling on the statute. making decisions on the rule of law rather than the vote policies, that was my guess i'm not in the loop but i'm not surprised to happen. >> the worst of the worst were the people that are going to be held in gitmo but there's an article in the washington post that says family members of those detained center being falsely printed as members of tren de aragua what is your response to that. >> telsa washington post president trump has been clear up with the worst of the worst act gitmo. i said it before and i'll say it again no one is off the table. if you're in this country illegally it's not okay but president trump said from day one will concentrate on public

safety and national security. i looked at the numbers today and the last 24 hours a total of 229 people were encountered in the southwest border, 229 i been doing this job since 1984 as a border patrol agent i've never seen the numbers at low 229 compared to 11000 under biden we doubled the number of criminal aliens arrested we doubled the number of illegal aliens, we doubled the number of gang members, tren de aragua and ms 13, president trump made a promise and were keeping the promise our numbers are extraordinary and were not there yet we have more to do but i look at the numbers and i shake my head how much president trump is accomplished in less than a month. stuart: tom homan, borders are, thank you for joining us we will see you soon. under president biden millions of dollars went towards helping migrants helping them buy cars, houses, pay for college and more, that's quite a magnet to get people to come in to the country. >> for sure it definitely is how

could it not be we have numbers to back this up, the department of health and human services ramped up grants from 2020-2024 and left taxpayers with a $22.6 billion bill that is a record hi bill and it coincides with an all-time record for border crossing, during the time. there were 2.4 million apprehensions by custom and border protection that is the folks that were apprehended, that does not include the got a ways migrants were given cash assistance to buy cars, homes and to build credit. within the hss the office of refugee resettlement drastically increase the number of noncitizens that were eligible to receive funds during biden's term that made the u.s.a. magnet for illegal migration and with the same organization they recently came under fire for losing track of 32000 migrant children, mismanagement of money in the children coming into the

u.s. that's really stunning not many people know that we had taxpayer funding of housing for illegals, cars for illegals phones for illegals and everything else under the sun. >> i'm sure there will be a lot of americans with homes and cars and all of that. stuart: thank you. democrat senator mark warner is calling out his own party for failing to connect with voters he says the brand is really bad. a new fox study shows independent voters are largely in favor of trump's plans to lock in his tax cuts. will the republicans be able to come together and get it done soon. we are on it ♪ ♪

(traffic noises) (♪) the road to opportunity. is often the road overlooked. (♪) at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways we all have to move forward. the further we'll all go. - [female narrator] around the world, 5 billion people lack access to safe surgery. children are suffering from treatable causes.. ..living with conditions many have never seen. for more than 40 years, mercy ships has deployed floating hospitals with volunteer doctors who give their time to provide the free surgeries these children desperately need.

- i feel like my reason for being here is driven bylove . i think it is the love that changes the patients first. - [female narrator] join us by calling or going to mercyships.org now. $19 a month will give children and families the hope and healing they never thought possible. and turn lives of pain... into futures full of potential. it's a mission powered... by love . made possible... byyou . call the number on your screen. or donate now at mercyships.org. [air blower sound] ♪ okay, son. focus on what you can control. everything else is just noise. when you work with someone who knows a lot and cares even more... you're unstoppable. at truist, we believe the same is true for banking.

i've got a lot going on right now. let's focus. what are your top priorities? ♪ stuart: a reminder the markets are closed it is presidents' day but that won't keep us talking about you and your money. keith fitz i want to talk about intel you like the stock because it may be taken over but you're not comfortable to buy it, why

not? >> here's the thing intel has been dead running for a long time but they have a path forward with broad, and taiwan semiconductors. if we can get clarity and taiwan semiconductor can operate the plans that i think the stock is worth something but until then $15 a share i'm surprised it's held up the song. >> intel that is a store name. it seems like it's down and out, how come. that's the thing you cannot turn the company 100 years of tradition unimpeded by progress. i can't believe i'm saying this i love the company and group with the brand it was pivotal in american history but it lost its way if it can have a path that was going to come from one of the two companies. >> i want to talk about walmart and its relationship to amazon it seems like there successfully taken on amazon especially in terms of e-commerce, do i have that right?

>> i would agree one 100% with the statement they of loyalty programs and e-commerce were talking $7,500,000,000,000 run rate this year and last mile delivery inventory storage and customers want to do business with them that is a very different proposition than amazon which is under pressure at the moment. stuart: i want one good reason why the market can break out and breakout soon would that be a quick extension of trump's tax cuts would not balloon the market? >> i would be tempted to say yes but what's going to do is a confidence things are going to go forward regardless of what the attribution actually is. you have a wonderful day and will see you soon it is presidents' day. again looking back to the rocket they're not open is presidents' day but we have financial news, taylor is with us let's start

with meta does the company want truck to intervene with europeans and their rules for us. >> are stated the possibility of long-term joe kaplan who is a global policy director at meadow took over a few month ago said they won't shy away from asking the trump administration to intervene if they think that you fines against tech companies are unfair and eventually it's up to the top administration and they have no problem taking it directly to him if they think they have been targeted specifically. stuart: isn't this a negot negotiation. >> it's kind of funny they had to deal with the same thing with u.s. regulation now they want the u.s. to help them with european regulation microsoft could have used that with europe u.s. intervention. thank you, apple is adding features to the vision pro what futures are the adding. >> apple intelligence which is

big it's the first time you're getting apple intelligence away from the iphone ipad and max, this is the next hardware in the facial content i think i need to get a vision pro to understand what spatial content is but this was $3500. these have sort of struggle to really take off, they are hoping this is a good software upgrade refresh the conspirators sales. >> i hate to bring this up, you are laughing but don't think goggles give you seasickness. >> i'm not a fan personally but you jump in. >> ago got rid of the program i think this is a great way to set somebody on fire, they seem determined all come back in six month and tell you what happened. >> let's move on spotify new premium features being considered. >> for $6 you will play dj mixer on trax upgraded audio content and also maybe early access to concert tickets which seems

pretty exciting really early stages nothing is super confirmed by hoping the premium subscription could drive people who want access to early concert tickets or the ability to mix different tracks together. enter music app now they charge more for the premium service they have 120 odd million users. >> they crushed at last turning but correct me if i'm wrong on that. >> 120 sounds right we don't own it they don't return cash to shareholders but i think they run cash flow pretty well. >> they dumped quite well on the market. next one elon musk ask a.i. set to release a chat box called grok three. what we know. >> hyperbole maybe not they said this is the smartest a.i. on earth and will outperform every competing tool that's been released so far it goes live 8:00 p.m. pacific that would be 11:00 p.m. eastern i don't know.

late or get up early depending on what time you wake up in the morning but that's going to be at this comes after the attention of a deepseek people excited to see how the chat box compares. >> i can't invest and ask a.i. >> i guess they have a piece of it and twitter that's one of the things that they're trying to do the debt on twitter in there saying it would include a piece of his a.i. endeavor. stuart: next case let's go to tesla their struggling to get approval for self driving cars in china. >> maybe not a huge surprise for the tit-for-tat for the u.s. and china we are hearing there is a delay in securing the china self driving license that you need from the chinese government and chinese regulators say no definitive timetable for approval of self driving and tesla needs access in china give it a big market in the ev market it is.

a lot of people based on evaluation of tesla not on a car company but the ability for full self driving, this would be something that they need to do. stuart: we will see you on "the big money show" at 12 noon. you will be able to quote futures and tell them, you get some indication of how they open tomorrow until 1:00 o'clock. we will see you at 12 noon david is with the city brought his famous dividend pics and is going back to the well he still likes merck. >> we like names that are great companies that drop in price you want to buy lower and merck has come down similar to china garden saw is not being sold in china for six months that caused the stock to drop a lot, the katrina here in the united states leading cancer treatment is on fire and merck is undervalued you have a big juicy dividend yield that's grown every year for 20 years, merck has become a value stock. >> eighty-three dollars a share

what is the dividend payout. >> 3.7% growing at about 7% per year. 3.7% doesn't seemed like it's attractive. we have to do this again. we are not here to talk about high dividend which are usually stocks in distress were here to talk about growing dividend stocks which are stocks when you wake up getting 20% cash on cash, blackstone. >> you look exasperated and looks like you're on the verge. >> i have to work with you on this slowly but surely one day you're going to get it going back to the well kenvue they just spun off from johnson & johnson less than two years ago the consumer products group of johnson & johnson and they have a tougher quarter, they said the cold and flu medicine was down and i thought that was weird a lot of people had cold and flu and i think that cyclical step never asked the best brand baby shampoo and all these products and are doing a good job cutting

expenses out, we think can be is a great story. >> to get a 4% yield that is fantastic thank you david. elon musk and doge trying to gain access to billions of tax returns does not concern grover norquist maybe there's a number of privacy, president trump giving israel the green light to open the gates of hell on hamas. >> i told bibi do whatever you want their free to deliver and they did agree to do that but they broke that agreement. retired four-star general jack keane will tell us what that could mean opening the gates of hell. president trump threatening to use tit-for-tat reciprocal tariffs at every turn. is that inflationary, stephen moore response next. ♪

—hi! —hi! ♪ chocolate fundraiser. ♪ 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.

ichi, ni, san, shi... (1, 2, 3, 4...) ruri never thought she would live out her dream. then one day, she did. you were made to chase your passions. we were made to put them in a package. ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com.

(woman 1) eczema... isn't always obvious. (woman 2) eczema isn't always red. (boy) but now eczema isn't always going to stop you... with ebglyss. ♪ (vo) ebglyss is a once-monthly treatment to help those with moderate-to-severe eczema find real itch relief and real results. (woman 3) like skin that's still more clear at 1 year. (vo) don't use if you're allergic to ebglyss. allergic reactions can occur that can be severe. eye problems can occur. tell your doctor if you have

new or worsening eye problems. you should not receive a live vaccine when treated with ebglyss. before starting ebglyss tell your doctor if you have a parasitic infection. (boy) skin that's still more clear even at 1 year? clearly it's possible... with ebglyss. (vo) talk to your doctor about ebglyss for eczema.

♪ ♪. stuart: chinese retailers want to move production outside of china to leverage a trade loophole lydia hu is reporting explain what the loophole is. >> the loophole has been around for almost 100 years right now it allows packages of low value trading at less than $100 to be shipped directly into the united states without a tariff. in recent years received the use of the loophole has dramatically ballooned the number of shipments into the united states claiming to be small enough to be exempt from tariffs has increased by more than 870% in the last ten years. it's estimated to chinese

fashion retailers temu and sian are responsible for 30% of all the packages shipped to the u.s. every day through the loophole, the trump administration closed the loophole earlier this month and then hit pause the repoll remains available for the wall street journal reports that she and temu are working to get around expected closure of the loophole there moving production and supply chain outside of china to other countries that would theoretically enjoy the loophole we reached out to shein they do not respond to requests for comment and temu tells fox business the supply chain is more diversified than shein and temu admits it is recruited local sellers in the united states since last year and promotes local warehouse fulfillment theoretically in an effort to avoid pain tariffs. if the loophole closes economist at yale university as to make

the average working family could see cost rise as much as $136 per year and others say closing the loophole will disproportionately punish small businesses who rely on the frequent over shipment but nevertheless the debate continues advocates for closing this says it gives companies like temu and shein the upper hand it exploits trade laws and intellectual properties but as reported in the early making moves to adjust for the expected loophole so they continue to avoid tariffs to any event. stuart: thank you very much. listen to the trump's national council director kevin hassett had to say about the plan the administrations plan to bring down inflation. >> where does inflation come from. what were doing we have a multifaceted plan to end inflation but working have a macroeconomic change that has supply-side tax cut with more supply and working to reduce

government spending both through what doge is doing and congressional action so the economic forces that jason said were a tragedy will be reverse that's a good thing, there we're going to have a lot of energy production and a lot of deregulation and finally when needed we're going to focus on the individual. we have an economist even more he joins us. supply-side tax cuts, energy and regulation reform and waste and fraud will not bring inflation down to below 3%? >> you don't have to believe me, the answer to that is yes, you have to believe your own two eyes and we know what happened when trump was president and the first-term and you know that the inflation rate was below 2% on average the four years when trump was in office because he

did the supply-side pro production policies including by the way drove a bistro deregulating all those things are good for keeping inflation restraint don't forget the reason inflation went up to 9% under biden was a massive spending spree and we already see with their own two eyes why elon musk is doing to try to and that. stuart: it'll take a while to get in place and truly down between two and three it'll take a while. >> hold on let me tell you something the inflation problem is very real trump has inherited a rise inflation rate from biden. i almost fell off my chair when i saw chuck schumer blaming trump for the big acceleration of inflation over the last three months trump wasn't even in the white house none of his policies have been informative. right now if you look over the last three months inflation is running out for - 5% i don't understand why there is a chatter about the fed lowering when you have it's a risky

strategy but what trump assigned to the other countries have to trade with the united states including china and europe and canada and mexico you lower your tariffs or we will raise ours. it's a game of chicken is a tit-for-tat strategy but at the end of the day this is the probability no assurance that this will happen but attended today these countries will be forced to bring their tariffs down and that's good for everybody. if that happens it causes the disinflation effects. if the start to trade war and you get the tariffs rationing upwards then you have the

opposite effect but don't forget every country has to trade with the united states china cannot win a tit-for-tat war with the united states nor can mexico, nor can canada. i'm hopeful this will lead to free and fair trade over the next ten years. stop calling the de minimis rule of loophole as you guys were doing, this is something that's been in effect for hundred years these were packages that are worth a few hundred dollars. did you know they cost the border patrol $5 a piece to go through the packages. i'm in favor of the demand misrule and makes a lot of sense we don't want every single package coming to the united states inspected by the border patrol people is not feasible. >> thank you for being with us, good stuff will see you soon. you think the trump plan on inflation will bring inflation down below 3%. >> everything kevin said is supply-side that's where i disagree biden spending was a primary driver of inflation.

it hurt but the biggest issue were not getting enough production so focus on deregulation, energy and of course tax reduction that incentivizes more production that is anti-inflationary the have to implement to. i agree it's a risky thing they're trying to do with the tariff issues it has a strategy but it can backfire. stuart: on the left-hand side of the screen that is friday's close for the dow, s&p and nasdaq bottom right-hand onset futures at this moment in time, think you pretty coming up the last four weeks have been the most dynamic. i've never seen ignore the media this revolution is popular ask you to be my take at the top of the next hour. first trump is asking the courts to let him fire the head of the special counsel. he wants to get rid of anyone who will slow down his agenda a full report on that is next. ♪

(sneeze) (hooves approaching) not again. your cold is coming! your cold is coming! thanks...revere. we really need to keep zicam in the house. only if you want to shorten your cold! when you feel a cold coming, shorten it with zicam (revere: hyah)

transportation is one of the largest contributors to global emissions. the world needs a better way forward. at westport fuel systems, we're pioneering alternative fuel systems, enabling the world's engines to run cleaner and perform stronger. westport fuel systems. when it's time to start your business, it's time for shopify. design with easy to customize themes. sell everywhere people shop. and never miss a sale with the world's best converting checkout. see why millions of businesses sell with shopify. start your free trial today.

♪ i know sometimes we get into it and it's just hard on both of us. but, you know, try to understand me more and i'll try to do the same. but you have excuses cause you're old. it's okay. stuart: elon musk and doge

setting her sights on the irs jackie heinrichs joining us from west palm beach, florida what is an audit of the irs actually look like. >> it is complicated like most of the things that doge is undertaking but they're moving full steam ahead to enact the president's agenda seeking access to irs data and visiting the faa command center this morning the transportation secretary sean duffy said they want to look at the air traffic controller command system and get a sense of what people like and don't like to modernize this is not without pushback you have one aviation union sounding the alarm on a hundred probationary employees being laid off as one democratic senator raise the concern that veterans are taken unique. >> i view this in virginia the perspective for a veteran of the heavy state there's a war on veterans when they/adia and 30%

of the workforce is veterans compared to two or 3% of the civilian workforce it hurts veterans. >> the administration showed doge is taken a surgical approach than first reported on friday night 3600 probationary employees were dismissed from health and human services but 4000 were receiving including emergency preparedness and science research at the cdc national institute of health and indian health service reviewers and inspectors on refugee resettlement a medicare medicaid program workers the approach has been overall to consider the function of each agency and analyze who they need to keep. >> if we don't get the decorating control becomes a national security can you imagine if we get downgraded can you imagine if the dollar loses its value in the inflation rate that takes place and then what happens our buying power and the ability to invest into the country and for us to invest in

the military start shrinking. >> there was consternation over doge's request to look at the irs integrated data retrieval system access to that is limited traditionally even irs commissioners don't have access to and taxpayers who have the data wrongly access or inspected are entitled to monetary damages. as of last night doge was locked up but the effort pushes on. stuart: thank you very much indeed. a special thanks to david bahnsen for sticking around for the full hour. it was fun. coming up trump's nominee for the u.s. ambassador to israel mike huckabee and what happened that hamas has not released the hostages. grover norquist on abolishing property taxes in florida. a republican senator says trump is the only person who can force putin to the table retired four-star general jack keane on that and border patrol chris

cabrera on agents not being required to wear body cameras. i can see the lawsuits coming. the 10:00 o'clock hour is next. ♪ investment opportunities are everywhere you turn. but at t. rowe price, we're letting curiosity light the way. asking smart questions about opportunities like advances in healthcare. and how these innovations will create a healthier world tomorrow. better questions. better outcomes. military decoration awarded by the united states government. the tunnel to towers foundation and the congressional medal of honor society recognizes valor beyond the call of duty. britt slabinski, a recipient of the medal of honor himself, sat down with fellow recipients to hear their stories from their military service to their transition into the veteran community.

it■s nothing we won, right? we're pretty vocal on that, saying, look, i didn't win anything like we're a recipient of this. you're going to highlight me for the day. we're four guys get killed. never crossed my mind about receiving the medal of honor. never. i was told i was being put in for it the day after the battle. the highest level of valor. you want to understand, why did these people lose their lives? why aren't they in my place? can't refuse it. we don't have the wear if you don't want to. they feel you earned it. people think war ends the moment you get home. no. war sticks with you. for me, it was like i was in a fog. really? for. for several months. you're literally on the edge of life and death at any moment. and then 12 hours later, you're at home and you're going to birthday parties and you have to go back to assimilating that life. it's fascinating how many of our brothers and sisters. it■s a significant problem. end up on the streets. tunnel to towers is taking a leadership role. and specifically when i think about

the veteran homeless population. we as an organization, we have gaps and it takes partnerships to come in and help us fill those gaps to ensure that nobody is left behind. and that's what tunnel to towers does. we just recently gave them our citizen honors award, recognizing all the great work that they have done. it's a fulfilling a promise to this nation, saying that, tunnel towers is gonna give you smart homes, pay mortgages. there's no level of recognition that rises to what is being done on behalf of those gold star families. and we're not forgetting you. never forget. go to t2t.org and donate $11 a month. thank you. hey we're going big tonight let's go safety whoa!

should i call mom? no, no don't tell your mother anything what if you could invest in a future where skin cancer treatment is noninvasive and relatively painless? medicus pharma's groundbreaking solution delivers chemotherapy directly to the tumor site, offering a mostly painless alternative to invasive surgeries. with the skin cancer treatment market expected to exceed $20 billion by 2030. medicus is poised to meet the demand for cost effective non-surgical options. now advancing phase two studies. medicus pharma, leading the charge in skin cancer innovation. 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