>> there are questions about the role that that a weather played, stuart. the runway was covered in snow, wind gusts were at almost 40 miles an hour. >> the drug cartels don't care what side of the aisle anyone's voting. they want to damage american lives. >> nvidia's almost recovered exactly to where it was before the deepseek scare came out. so i don't think deepseek is an issue. >> i wouldn't be fooled by headlines that suggest is that the collapse of the offshore wind industry means we're going to somehow miss if an environmental role. there are other options. >> the idea that a major political party in this country doesn't even pretend to be against an effort to root out waste, proud and abuse in government, it does make you wonder. >> this is exactly what america wants. they are uncovering so much waste, fraud and abuse. >> shouldn't any u.s. government have the right to audit itself? yes. you've got to think there's a lot of fat on these chickens. keep the barbecue going.

muck well, shake it up, baby, now. ♪ if twist and shout ♪ stuart: oh, yes. twist and shout. this is where john lennon's voice often a gave out after a couple of renderings of this particular song. [laughter] but i digress. you're looking at a very cold, extremely chilly new york city. and there's not many people out there. i'm not surprised. it is 11:00 eastern time, and it is tuesday, february the 18th, all day. let's check those markets. hardly any movement look at that. the dow is down 10, s&p up 7, nasdaq down 2. no clear trend. how about big tech? is that also a mixed picture? yes, it is. nvidia, microsoft up. apple, alphabet, amazon down. the yield on the 10-year treasury still hovering around 4.5%. now this. doge wants access to irs data, social security records and the treasury's payment if system.

elon musk is searching up and down the federal bureaucracy is. he's looking for fraud and waste. there's a lot of opposition to this. there are privacy and security concerns. michelle king, the acting social security commissioner, stepped down today. before that, senior treasury official retired after a clashing with the doge people. countless lawsuits have been filed but, you know, this begs the question, what has missing found out so far -- musk found out so far? if okay, look at a this. over 15 million people are on the social security rolls aged between 1 is 10-159. and nearly 3,000 are listed between to 200-360 -- it's laugh laughable, isn't it? hardly of these people are alive, obviously. clearly, the government's bookkeeping is in absolute shambles which opens the door to waste and fraud. we wouldn't is have known this if it weren't for the doge guys.

why does anyone object to us finding out? then there is the $4.7 trillion worth of treasury payments that are, quote, untraceable. musk found there was no tracking code on the checks that went out, so nobody knows who got the money. no wonder there is serious opposition to musk burrowing into the computer system. these are young, brilliant engineers. who else is going to dive into the government's money pit in my sense is that voters want to know where their money's been going, and musk is the guy to find out. there are going to be more revelations the more he digs in. his opponents are playing defense which begs another question, what are they hiding? third hour of "varney" starts now. ♪ ♪ stuart: guy benson with me this morning. how can doge find fraud if missing does not have access to

irs data, social security data that and treasury payments? >> yeah, they have to have access to these things, and we've seen now a little string of legal victories on that front because the argument as being made against it apparently not impressiving some of these federal judges. but i think part of what you said in the monologue there, stu, is so important. whatever you think of elon musk or his team or his ideology, are they going too fast, any of that, what is very clear is that the bookkeeping systems in this country are antiquated to the point of being a joke in many cases, right? he was highlighting about how the retirement process is run basically out of a cave, and it's still done on papers and brought up and down these elevators through a mine shaft. it feels like it's made up in some weird fictional universe, and yet it's the united states of america. the leader of the free world. and some of of these problems we've been aware of for years.

in fact, that one i just mentioned, they had an edict years ago to go fix it, and they threw a bunch of money at it and and still couldn't do it. couldn't do it. if what is that on the, in today's modern era with all the technology that we have at our fingertips? i think it's not just about the waste expect fraud and the abuse, and there is no doubt quite a lot of that, it's also about bringing many of our systems into the 21st century in a way that is less susceptible to fraud and a lot less inefficient and embarrassing, frankly, for the country. there's a lot of different moving parts here that that doge is at least having a hand in p. stuart: he's having a remarkable impact in just 31 days. guy, democrat strategist james carville, now, he's ripping his own party. he claims democrats are treating minorities as if they're all the same. watch this. >> the most racist thing that i hear is when people say communities of color, people of

color, because that assumes that everybody that is not white is the same. which is, like, it's horribly, a horribly -- i think it's racist. to say, well, fill pinots are the same as hondurans, the same as nigerians are the same as a indonesians is absurd. and they just keep using this language. stuart: guy, take the big picture for a second. it seems that identity politics is becoming very much a thing of the past. >> well, it's becoming a thing that's controversial even within democratic politics not because they don't believe in it necessarily, but because they're worried it's threatened their power and is causing them the lose, right? the identity train, they were all onboard if it was chugging in the correction direction idealogically and electorally. and now when that is in question, there are people with second thoughts, maybe misgivings they weren't talking about all along. i think it's less about how

democrats talk about different groups, it's more the underlying assumption that anyone who is not a straight, white male, they are almost into it entitled to those -- entitled to those votes. that's the way the democrats have acted for a long time, and it offends a lot of people. and when democratic policies are failing all americans, just treat us the same. it's not about talking one way, just treat us all as human beings with similar priorities when those needs are not being met, when the american people are unhappy with the outcome of policies. doesn't matter how you talk about them or what the skin color might be or what the language du jour that's approved might be. it's are people happy at with the direction of their country, are they better off, are their families better off. and i think the democrats have just been very air a gant on this front, on a number of fronts, actually, for a while. carville might be at the marines here nibbling at a decent point, but i think the democrats' problem when it comes to

identity and governing outcomes goes way beyond what he's talking about. stuart: got it. guy benson, good stuff. see to you again real soon. >> good to see you. stuart: want to get back to the markets. there's not that much price movement, is there? dow's off 30, s&p up 6, nasdaq up 4. that's not much movement. let's bring in, we've got with us this morning thomas -- tom hayes a, sorry. missed your name. tom hayes. all right. i'm looking for some positives here. i'm trying to think ma that maybe what doge is doing with cutting government spending, getting into the fraud and waste, and what they're doing in saudi arabia, the u.s. and russia getting together for peace talks over ukraine, i'm trying to the think that that may be a positive for the market. what say you? >> there's no question about it, stu. i think you hit the nail on the head with doge. this is underrated, and i think the biggest surprise of this year is that the 10-year treasury yield is going to 4% before it goes to 5%.

and the reason being is because doge is going to continue to cut, cut government spending. there's going to be a lot of layoffs which is deflationary if which may not if be absorbedded into the public sector as quickly as people think because skills or lack thereof may not be transferable. so as a rates come down, it's going to open up the opportunity for a lot of these underperforming sectors in the market. the second thing that's been really positive, stu, is earnings have blown out of the water. 16.9 earnings growth compared to just 9% estimates for this quarter with 77% reported. so a lot of good things happening. why is the market a little bit uncertain? because we're in sandbagger season which is when they take down guidance so they can beat for the rest of the year. this is the a normal seasonal occurrence. the market's a little nervous, we're many that kind of mid-february slump, but it feel like the market wants to break

to new highs, stu. sue stuart that's very interesting. i love those words. tom hayes a, thanks for joining us. sorry it's so is short, it's a big news day. >> thanks so much. stuart: ashley, i want you to take a look at the movers and, please, start with archer aviation. ashley: yes. the company just got authorization from the faa to launch its pilot training academy. the company plans to basically build a pipeline of pilots in preparation for its planned commercial air a taxi services. the tock the up 10.5%. the stock up. let's take a look at a nike, ruing today after partnering with kim kardashian's skims to launch a new fitness brand that's geared towards women. the company is working on an extensive line of apparel, footwear and accessories under the brand nike skims. the first collection, we understand, will debut in the spring, and executives plan to expand the brand globally in the

next year. the stock up nearly -- nike, that is -- 4.5%. and last up, charles schwab. t.d. cowan just updating the company to a buy with $10 is 3 price target. that's up from 88. right now it's 81. the firm believes that schwab is entering a, quote, more harmonious phase. is the seasons isn't that lovely? under new -- isn't that lovely? if the stock up a harmonious 1.25%. stu. stuart: nicely put. coming up, white house deputy chief of staff stephen miller revealing the extent of massive fraud uncovered by doge. watch this. >> for example, foreign fraud rings, these are foreign nationals who come into the united states that use fake social security numbers, they use fake identities to steal billions in taxpayer benefits. stuart: okay. we'll bring you the grand total doge has saved taxpayers so far. president trump laying out plans for global reciprocal

tariffs. watch. >> i have decided for purposes of fairness that i will charge a resip are to call tariff, meaning whatever countries charge the united states of america, we will charge them. stuart: okay. we will ask kansas senator roger marshall why he thinks these tariffs are a strategy from thetic negotiating tool. -- strategic negotiating tool. the senator is next. ♪ walking through the wild wilderness and living off the honeliness -- loneliness. ♪ wild blue, deeper than i ever knew if ♪ 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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♪ stuart: elon musk's department of government efficiency says it has saved american fax a pay

year -- taxpayers a whop whoing $55 billion since january, and they're not done yet. hillary vaughn on capitol hill. okay, how did they come up with the $55 a billion worth of savings in. >> reporter: stuart, a lot of it comes from just weegd out waste, canceling unnecessary contract, canceling real estate leases that ament aren't being used. that that number will continue to grow as a doge has put new fraud controls in place at treasury so that no money goes out the door without a line item explanation of what the money is for. today doge could be getting access to the irs' sensitive payment system that holds tack a payer records. -- tax pay yore records. those two things have often some doge-friendly democrats turning against them. senator john fetterman saying, quote, i want to save billions and make our government more efficient. rummage aing through your personal stuff is not that. others, though, hope that the court steps in to to sop the musk,. >> lawsuits have been filed on in that, once again just like

with the irs data, the court or in court will find that, no finishes you can't just tart rifling around, rummage aing through people's social security day a. the. >> reporter: musk says he isn't snooping, he's sniffing out fraud saying, quote, if i wanted to rummage true random personal stuff, i would have done that at paypal, hello. having tens of thousands of people in social security marked alive when they are definitely dead is a huge problem. the white house says musk is doing exactly what president trump has asked him to do. >> president trump has directed elon musk and the doge team to identify fraud at the social security administration. number one, to identify duplicate payments and and to end them. number two, to identify paymentses that are going to deceased people who are no longer living and should no longer be receiving that money. >> reporter: and, stuart, social security is expected to run out of money within a decade, so the white house says doing these things is actually going to save money and make

sure that that social security is there the for all americans. stuart? stuart: sounds good to me. hillary, thank you very much, indeed. senator roger mar a shall, republican from the great state of kansas, joins me now -- marshall. you're the founder of the senate's make america healthy again caucus. now that rfk jr.'s been officially confirmed, what's your first priority that you want to see maha do? >> yeah. stu, i think, number one, we want to address the chronic disease problem that america has. 60% of americans have a chronic disease, 40% of our youth are pre-diabetic. i think that take thats us to a nutrition avenue of fixing that that problem, that america needs to change its nutrition habits. and and i look forward to working not just with senator kennedy, but secretary of agriculture brooke rollins and the fda administrator, at least we assume, is dr. makary, coming up with new nutrition guidelines

and helping america eat healthy once again. stuart: can you force nutritional change a, or can you just recommend it strongly? >> i think like anything as a physician, it's education of my patients. we need to reeducate america. but we can also stop funding, federal government funding of processed food. 70% of america's calories come there from ulta that-processed food. there's -- ultra-processed food. there's no reason those need to be in our school lunches or senior citizens meals. we'll get it done eventually, but we need to cut back on the ultra-processed foods, cut back on the sugar sodas that s.n.a.p. is funding. there's opportunity in the federal government as well. stuart: president trump says he's going to to impose reciprocal tariffs on other countries. you call these tariffs a strategic negotiating tool, and you're very firmly in favor of these tariffs. tell us why. >> yeah. under trump 1.0, he used these

same type of tactics, these same tariffs to negotiate strong trade agreements. he gave us usmca a, new deals with south korea, japan as a well and, of course, the china a phase one as well. we've seen no new trade agreements the last five -- four years, excuse me. so i think india's a great example. india has a 50% tariff on agriculture products for america. we charge them 2.5% tariffs. i think over the next 10 years you're going to see india replace china as the number one market for us as well. so we need resip proto call trade agreements. we have the same problem in the e.u. as well where they're charging 25% tariffs on most american goods. president trump will use these tariffs as a tool, as a weapon to make better fair trade agreements. stuart: senator roger mar hall, always a pleasure. thank you for joining us, we appreciate it very much. white house deputy chief of staff stephen miller says doge has uncovered a massive proud ring. madison, what exactly is the

fraud ring accused of doing? >> they're accused -- it's foreign nationals who are accused of faking citizen hardship here in the u.s. in order -- citizenship here in the u.s. in order to get american benefits. so millions of taxpayer dollars are going to these bad actors. take a listen to what miller a had to say. >> for example, foreign fraud rings, these are foreign nationals who come into the united states, they use fake social security numbers, fake identities to steal billions in taxpayer benefits. there's no way to know until doge gains full access exactly how much money we're talking about, but over a 10-year budget window you could be talking about saving over a trillion dollars by clamping down on massive fraud in our tax and entitlement systems. >> i mean, let me repeat that last part, it's so important. miller saying cracking down on this fraud could save $1 trillion over 10 years. and the reality is that money is not even going to fraudsters here in the u.s., it's leaving our country. he dose on to defend doge saying

they are political appointees just like him that serve and answer to the president, because there's been so much talk about the access doge has been a given. miller emphasizing that doge is not an outside, private entity. we're talking about federal staff performing their statutory duty, and it's hard to the argue with i clawing back taxpayer dollars that are going to to foreign criminals, stu. stuart: yeah. we have every right to know who's getting what and why. thank yous very much, madison. back to the market, please. well, that's changed. now the dow is down 14 points. big -- 114 points. big losses for home depot, unitedhealth and mcdonald's. they're down x that's contributing a lot to the 100-point drop for the dow. all right, coming up, energy secretary chris wright bashing efforts to achieve net zero carbon emissions. >> net zero 2050 is a sinister goal. it's a terrible goal. [applause] finish it's both unachievable by

impractical means -- stuart: okay. trump's administration if rolling back the biden era energy mandates. we're going to get into that for you. trump promising to complete a canceled natural gas pipeline between pennsylvania and new york. that's a bid to bring down energy prices in the northeast. jeff flock is going to take us through it. he's next. ♪ ♪ finish i don't play for money. my ambition is to play big—to help and inspire others. that's why i joined sofi. they help people earn more and save more, so they can realize their ambitions. sofi. get your money right.

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don't cancel or let your policy lapse without finding out what it's worth. visit coventrydirect.com to find out if your policy qualifies. or call the number on your screen. coventry direct, redefining insurance. stuart: president trump has promised to complete the constitution gas pipeline. now, this project's going to run between new york and pennsylvania. and, remember, it was scrapped back in 2020. jeff flock with me now in new york city, no less. [laughter] how's he going to get in this done? >> well, i don't know, stuart. they a say trump wants to cancel the constitution. the he actually wants to to bring it back, the constitution pipeline, that is. if yeah. as stuart points out, it doesn't take oil -- i should say natural gas from that mar a sell -- marcellus shale in pennsylvania all the a way up to almost

schenectady, new york. the big problem is getting this gas where it needs to go. the president says it's part of his make america great again agenda when it comes to energy. >> we are also a working on a project that has been under wraps for 20 years. everybody wanted it. it's been held up by new york. it's a pipeline that will bring down the energy prices in new york and in all of new england by 50, 60, 70%. it should have been done years ago. >> the company that was building that that pipeline said there was an ambiguous and vulnerable regulatory framework, and the underlying risk-adjusted return has key min ifished in such a way that future development is no longer supported, so they canceled it. but now, banner, it's back. and we talked to the industry. they are very excited about it. take a listen. >> these projects are very expensive. they take a lot of time, they take a lot of effort.

[laughter] they take a lot of money. he certainly seems committed to supporting american natural gas and american energy. and if this is something that he wants to see done and to get it across the finish line, i wouldn't bet against him. >> he says the governors are behind this, governor shapiro in pennsylvania who has actually made peace with the frackers. he supports now. and governor hochul, actually, just last week approved expansion in the capacity of a separate natural gas pipeline are. she's got the environmentalists pissed off about that. one other point, that's rfk jr. he was actually an outspoken opponent of this pipeline. he spent most of his career fighting for clean water, and so it make makes some sense. he's got nothing to do with this. we asked for a comment, bewe didn't get it, but -- stuart: do you think he's going to get it done? >> well, as a she said is, i wouldn't bet against the president. we're on trump time -- >>

stuart: he's on a roll. let's see some prices come down -- >> well, you don't care about money or high prices, do you? stuart: no, not much. [laughter] hey, flock, you're all right. [laughter] thanks for being with us. now this, president trump created the national energy dominance council. it's going to accelerate domestic oil and gas production in america. okay. e.j. antoni joins me now. wait a minute if, e.j., we're already pumping more oil than we've ever pumped before. now, if we get prices down 60 or 70, why are you pump oil at that price in because you can't make a profit. >> stuart, great question. it's going to the require two things from this administration. one is going to be lower marginal tax rates on those producers, and the other thing is going to be a drastic reduction in the regulatory red tape that add as cost to the production process. so that way if you get those costs down, all of a sudden a well that that previously was only viable at $80-90 a barrel

now can be viable at $50-60 a barrel. that's a key component here, a key ingredient behind getting production up. there was a study done by an economics professor, casey mull michigan, where he found that we are -- mulligan, where he found we are millions of barrels below where we could be in terms of productionst, and it's due to the anti-energy policies implemented over the last several years. so, yes, production is up, but it would be up much more were it not, again, for all those anti-energy policies. stuart: it's going to the take a long time, surely years, before you can really ramp up oil and gas production and get it distributed. >> well, stu, that -- but the problem is that exact same argument was made during the obama administration, for example. it was a huge part of the push against hydraulic fracturing. to say is why would you even start these wells, it's going to the take years before it has impact, okay, but what's the alternative? not do anything and see prices continue to ramp higher and

higher. >> if i think that's all the more reason why we need to get rid of, again, that regulatory red tape that adds to the timeline. we need to to get that down so we can get this product to market as soon as possible. stuart, the other thing that's really important to remember, we're in a bit of a unique moment right now in that well count has actually been going down even as production has been going u. we have been moth ifballinging a lot of infrastructure under the biden administration because we thought, well, these things are just never going to be viable again. it would take, actually, a relatively horse amount of time to return -- short amount of time to return a lot of those wells to production. in other words, you can ramp up production faster today than at most other points in history. stuart: okay, that's what we'd love to see. e.j. antoni, thanks for joining us. thanks a lot. coming up, the department of education canceled millions of dollars' worth of woke spending. they say the money was used to train teachers and education agencies on divisive ideologies.

great story, we've got it. the teachers' union in massachusetts under fire. they're accused of offering anti-semitic learning materials like this -- >> when i was only 10 years old, i had to flee my home in palestine. a group of bullies called zionists wanted our land are, so they tole it by force and hurt -- stole it by force and hurt many people. stuart: oh, dear. bryan llenas has the full report and that's next. ♪ are you reeling in the years, stowing away the time? if ♪ are you gathering up the tearsesome. ♪ have you had must have of mine? ♪ ♪

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stuart: let's get back to the not-much-movement markets. nasdaq down 11, s&p up all of 2 points. ashley, you've got some movers. start with jetblue, please. >> i can, indeed.

capital one just readded jetblue, true blue, as a transfer partner. that means eligible capital one cardholders can once again transfer their miles to jetblue true blue to bulk up those points. jetblue up nearly 10% today. next up is booking holdings, t.d. cowan maintaining a positive stance on the travel company. they say the stock is going to $6300. my goodness, it's at 5100 now. it's up 2% in today's trading. and, by the way, they are maintaining a buy rating on booking holdings. that is very bullish. tu in. stuart: yes, it is. ashley, thank you very much. coming up," big money show." jackie deangelis is here. tell us what you've got. jackie: hi, stu the. a big show, top of the hour. we are talking about the golden age of doge because now there are some receipts, and it's starting to add up. $55 billion saved so far. how much more can we go?

also they're looking into fort knox because they want to see if all the gold is there. we'll dig into that. and finally, anything you can do i can do better, that's what elon musk is saying to sam altman. there is an a. a.i. war going on, and if you're invested in this market, you want to know about it. all coming up on our hoe, stu. we'll see you at noon. stuart: yes, you will. thanks so much, jackie. the largest teachers union union in massachusetts is accused of offering anti-semitic learning material. what's the union saying, bryan llenas? >> the union is nonaa poll jettic. the teachers association president says the resources are on its members-only web site to educate its teachers and staff about the israel-palestine conflict. but create ins say the resources are clearly anti-semitic. the poster shows a fist ripping the tongue from a snake and calling for unity in confronting

zionism. the snake was used during nazi germany to symbolize jers ws is. in this poster reads, what was taken by force can only be returned by force. and here former president joe biden is labeledded a serial will killer for his support of israel. at a public hearing by by the special commission on combating anti-semitism, the union's president, max page, who is jewish, became defensive when confronted. >> you'd agree this is anti-semitic imimagery, correct? if. >> i'm not going to evaluate that. >> it's a dollar bill folded up in a star of david. is it anti-semitic? i think you nodded your head, yes. >> i know you'd like tom i understand the back and forth, which is you're trying to, you're trying to get away9 from the central the point which is that we provide imagery, we provide resources for our members to consider. if in their own intelligent, professional way. >> and it's ain't semitim the --

anti-semitic the. >> the co-chair tells fox the union resources are incredibly one-sided and anti-israel and could make its way into the classroom. listen. >> if you're going to present these materials to kids, right, to our nation's most treasure thed assets, you better give hem the whole picture. -- them the whole picture. otherwise you're doing nothing to contribute to education. in fact, i would argue a you're doing the exact opposite. >> reporter: stuart, the union says it is not directing its teachers to use these resources in the classrooms. toure further -- stuart: oh, really? isn't that that nice to know? excuse the sarcasm. the department of education is launching an a investigation into several virginia school districts. about what, madison? >> the districts are accused of not following the new executive order and, essentially, they're continuing to promote gender ideology bespite that e.o., and these schools might also be allowing boys the use girls' bathrooms.

we have this going on here. the department of education office for civil rights, they've opened up this enforcement investigation into five school districts. so we're talking about arlington, al sand a drink ya, fairfax, lauden and prince will qualm districts. these are all near d.c., by the way. the issues include promoting dei, allowing biological girls to enter into girls' bathrooms, all of this against the executive order trump has signed. we've reached out to all of these schools. arlington public schools say they stand firmly behind our nondiscrimination policies, prince william says they will cooperate, alexandria is going to to respond, lowden saying the aim thing, and fairfax county saying its policies align with state and federal regulations. stuart: so the issue has been a raised. >> absolutely. stuart: next one is for you. the department of education says they've canceled millions of dollars' worth of woke spending. tell me what woke spending is. >> well, there's a reason these two stories go together, woke

spending is on promoting gender ideology. and we're talking about a lot of money, $350 million in canceled contracts. the department of education canceling ten contracts with regional education has been stories, rel. after a review of those contracts uncovered, quote, wasteful and ideologically-driven spending not in the interest of students and taxpayers. shouldn't this be going toward educating and helping our students? the department of education saying rel has been advising schools in ohio to undertake equity audits to audit how they're doing with equity, and equity conversations. well, now those contracts are done, and the department of education says they're going to enter into new contracts that will actually help improve students' learning and serve them better. we also saw 33 million in contracts terminated, that was for grants that trained in dei and critical race theory for

tate and local education agencies. -- state and local. so millions of dollars that that have been spent now being redirected. stuart: i'm glad. >> yeah, me too too. stuart: thanks, madison. hey, it's that time. show me the dow 30 to get a sense of the market. the dow is off 74 points, just about the same number of red as green stocks. slightly more green than red, let's put it like that. and then there's this, the mike rowe works foundation awarded nearly $2.5 million in scholarships last year. it's all about bringing back the work ethic. mike rowe is going to join us next with all the a details on how one might apply for one of these work ethic scholarships. we will be back. ♪ stormy winter. ♪ where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some research.

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stuart: i love this story. last year mike rowe's work ethic scholarship program handed out $2.4 million to 300 recipients. they plan to give even more in scholarships this year. mike rowe is with us this morning, the man with the golden voice. all right, mike, tell us how you're going to restore the work ethic, please.

>> well, if history is any indicator, i'm going to keep showing up on your program and talking about it. [laughter] every time that happens, people go to our web site to support us, so first of all, thank you for that, sincerely. and really i don't think there's much new to learn. we've been at it now 17 years, and what we with see year after year is that the more people we assist with this scholarship program, the more able we become to circle back a few years later and ask them questions like how's it going and what's new. and the answers to those questions, like from that kid right there, michael gamez is his name. all he ever wanted to do with -- to do is work on cars, and he finally got a shot to do it. and he went on to run the beverly hills bmw dealership, service center and now he's off to something else. we have 2200 examples of people who are prospering as the result of learning a skill that's in demand and working a job that

doesn't require a 4-year degree. that's who we are, that's what we do. stuart: if i wanted to apply for one of these scholarships to enharass the work -- enhance the work ethic, what would i are to show? is. >> well, you personal personally, stuart -- stuart: no, no, no. >> -- you're in. [laughter] you've been weighed and measure. everybody else needs to jump through some hoops. make a persuasive case for yourself. you have to sign the sweat pledge which is a 12-step document that essentially puts us on the same page with regard to things like personal responsibility and delayed gratification, a positive attitude and all of that happy horse crap nobody if ever likes to talk about anymore but till very much matters. you have to write a short essay. you have to provide references. in short, you have to do the kinds of things that most employers would want you to do. but it's not that a difficult. and what people find is when they go, once they a start the application process, it's t

actually kind of fun. and from if my perspective, really there's nothing more gratifying than giving away $2.5-3 million a year to encourage the behavior we all want to' more of and to help -- see more of and to help connect people with skills that are truly in demand. stuart: before you go, what's the web site? >> mike rowe works.org/scholarship if you want to apply. if you want to the donate, like you and all the rest of your viewers, you can't miss the donate button. but, look, to to pressure. this is an ongoing campaign to reinvigorate the trades through a scholarship program that has real meaning in the fortune 500. stuart: yeah. >> that's what we're up to. we're doing it again. stuart: i just want to get this one in too. i personally think that we are overcredentialed, that the demands of many jobs, too many credentials are required. does that stand the in the way of getting more people into skilled trades? >> yes, is the short answer.

but lest you think me a complete contrarian, i'm not, i'm not against some credentials. i'm not against some, some proof of learning. obviously, we need those things. but it's very rarely right where it ought to be, in my opinion. and i think we're coming out of a period where we have relied that tattoo heavily on credentials -- too heavily. and this is adjacent to what you're asking, but just because you're in compliance doesn't necessarily mean you're out of danger in the safety conversation, right? so when we rely too heavily on the credential, on the check canlist, then i think -- checklist, then i think we make a bad trade and offer overlook people who are, in fact, most qualified to help us close the skills gap, which is very real. 7 million jobs open right now. most of them don't require 4-year degree, many pay 6 figures. that's what this scholarship is

for. stuart: you know, mike rowe, i do believe you're a good man. i think you're all right, and you can come on the show anytime you hike. >> well, opinions vary, but yours has been noted and is much appreciated. [laughter] stuart: good luck, man. here we go, the tuesday trivia question. always look forward to this. which president took the oath of office in his new york city home? was it grover cleveland, chester arthur, andrew johnson or james poling? the answer -- poling? the answer -- polling. the answer -- polk. the answer when we return. (traffic noises) (♪)

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stuart: which president took the oath of office in his new york city home? grover cleveland, chester arthur, andrew jackson? james paul? i'm not sure. ashley, you are first. ashley: no idea but i always liked the name grover cleveland, sound like a blues guitarist from memphis. i'm going with number one. stuart: ashley goes with number one. madison. lydia: -- madison:i will go with james paul. stuart: i'm confident that i have the answer.

i believe the answer is chester arthur. i say that because we have a younger audio guy who always seems to know the right answer. he did it again. chester arthur on the sidelines, he took the oath in the early morning hours of september 20, 1829, after president james garfield was assassinated. he was on lexington avenue. madison:i would like to live there. stuart: how did you know? he is good with history, he says. if you are not careful, we will mike you up. wasn't that pretty good? and now i got it right as well. i knew the correct answer. ashley: no you didn't. stuart: i've got 15 seconds to play with. i've got it right.