your shipping manager left to "find themself." leaving you lost. you need to hire. i need indeed. indeed you do. sponsored jobs on indeed are two and a half times faster to first hire. visit indeed.com/hire

stuart: you know, we really are playing a lot of beatles these days. madison: you act surprised. stuart: i ask for it and look what i'm getting. i quite like it. it's 11:00 eastern time. thursday, february 27th. check those markets. will you look at that. the dow is up 305, nasdaq is down 145. big tech, like to show you every single day because they're porn. we have apple and winner on the list and it's up a buck. amazon, microsoft, alphabet, nvidia, they are all down. how about the yield on 10-year treasury, very important to investors and yield is below 430, looking at 4.29%. now this. we're just not used to it, foreign leaders making trek to washington dc to meet the president. they want to know more about

president trump's america first policy. the first to arrive was israel and our president famously suggest it turn into the riviere of the mideast. the conversation was about tariffs, china ask u.s. steel. if he can 11, king abdullah of jordan, he was not happy with trump's plan to move palestinians out of gaza, but he came anyway. february 13th, modi wanted to know how the u.s. and india could do more business. february 24, emmanuel m macron on the schedule from france and kier heading to the white house. friday, february 28th, ukraine zelensky arriving and signing a deal on minerals. it's perfectly normal for a few foreign leaders to meet an incoming president but with president trump, it's a flood.

that's because this president has clout. what he says counts. talk about him for america's 4:direction and better come to the white white house if you want to have influence and better make it nice. this president doesn't like the word no tram 7 changed the way the world looks at america and less than 40 days. third hour of varney starts now. ♪ stuart: shannon bream with me now, shannon, how does our president look on the world stage after less than 40 days in office? >> stu, he's calling the shots. that's fair to say. remember after he'd been elect sports grilled before he took office, he went to that gathering at notre dame and we saw world leader one after another coming up, gripping, grinning, looking like they wanted to be in his good graces, and since he's gotten into the white house as you said, it's sort of on steroids, one foreign

visit after another and deal after another. some public and some private, and i think the world knows there's a new sheriff in town. he plays by different rules, and they've got to come to the game. stuart: shannon, attorney general pam bondi dismissed all dei lawsuits involving police officers and fire fighters. she says the biden administration unjustly targeted departments for using aptitude tests to screen candidates. bondi said american communities deserve fire fighters and police officers to be chosen for their skills and dedication to public safety and not to meet dei quotas. is dei officially dead? >> well, listen, when it comes to what the justice department will do with regard to all the fire and police departments, listen, if there's a standardized test here that we give to people and say it's based solely on skill or physical tests, those kinds of things, we should want our public servants willing to serve

and put themselves in the line of danger to be the most physically fit, the most prepared and familiar with all the things that they need to know to do that. so she said no more lawsuits for that. communities want to be protected and want to be safe, and we want to honor the people who do these tests and go through the leg work. they score well, don't penalize them because they're not part of a specific group, and you're trying to hit quotas. the lawsuits are gone. stuart: i need you to explain something, the supreme court seems like it will side with a ohio wo woman in a reverse discrimination claim and treated unfairly at work because she's straight. what would that ruling mean for the general public? >> what's happening, stu, if you're part of what's considered a majority group, you don't need spect protections as has been -- special protections as recognized in the past. she's heterosexual and passed over for promotion and given to someone that was gay and her old job was given to someone gay and

her supervisor is gay. her allegations is she was discriminated against because she's straight. lower courts said not only do you have to come forward with a basic claim of discrimination, you, because you're one of the majority classes, not a protected class, you have to provide additional proof that there really was something nefarious going on. most of the justices said yesterday, don't we all agree that we want all discrimination cases to be treated the same regardless of who you are, who the plaintiff is, even the ohio solicitor general who was arguing against this woman said we all agree that we want everybody to be treated the same way. no extra proof required if you happen to be white or heterosexual or whatever it is. it seemed like the court might possibly, stu, be unanimous in that decision. stuart: that would be interesting. shannon bream, thanks for joining us. see you again soon. >> thank you, stu. stuart: we'll watch you this weekend on fox news sunday, 2:00 p.m. eastern of course on fox. we've got to get back to nvidia. the stock is now down 3%. it opened higher, it's now down

3.6% after it is earnings report later this afternoon and sales grew nearly 80% on ai demand. look who's here and sitting next to me o no less on the set. liz claman. liz, thanks for coming in. you spoke to jensen huang, what did he say about deepseek? >> that's what we wanted to know and primary focus of my questions to jensen huang because anybody that remembers when deepseek, this chinese chat bot supposedly created on much less money than chatgpt, way cheaper, and it's sort of the dollar tertian of ai, stu. i specifically asked him about this and, yes, because they used older chips by nvidia, that's certainly an interesting aspect because this is the first season, the first quarter where blackwell, the fancy more expensive, way more intelligent

chips have come out, and they didn't have that. it was interesting because when i asked jensen that question, he certainly kind of -- i wouldn't say gushed over deepseek and complimented them and gave slightly back handed compliment. listen. >> keep seek is fantast -- deepseek is da fantastic and use older generations of the hardware and use the hardware that is export controlled. the innovation of that team is terrific and give them credit. they found a way to develop algorithms and softwares that takes advantage of their computer. >> yes, but using el cheapo chips that isiester year. the stock -- yester year. it's a, profit taking and the stock run up more than 60% over the past year but b, they want to see what happens next because the new deepseek version, r2,

first was r1, that's coming out as soon as possible, r2. first said may but the chinese government is all over this chat bot and trying to speed it up and saw the reaction when a trillion of market cap was wiped off u.s. stocks unrelated to this. stuart: that's right. r2 is coming and we can't wait to see it. >> let's see what happens with that. i can't wait. stuart: we'll be watching you, liz, on claman countdown at 3:00 p.m. eastern on fox business. thanks for coming in. >> thank you, stuart. stuart: thanks, liz. jacob sunshine joining me and covering the market for us today. what's your reaction to nvidia's earnings, stock gos up, now the stock's gone down. >> yeah, first of all, the stock was up in pre-market trading. and i thought that was a little bullish of the market and the company is guiding gross margins down from q4 to q1 and it'll ramp back up throughout the year, but as liz was talking about, you know, you're not always going to get the highest priced chips sold to every customer.

as you mentioned, stuart, data center growth drove the quarter and almost 80% growth and deepseek is one tiny little customer and nvidia doing great as a company, but we're in this trading range between about 110 and 140, and it's still at 35 times earnings. the earnings growth is explosive but slowing down a bit. stuart: it's not broken out of the trending range. earnings report won't do it. >> no, but through the year the biggest key is do gross margins go up as the company said? that's a huge tell for the strength of the chips and earnings growth going forward. stuart: waiting for deepseek r2 as you pointed out. >> trying to get jensen huang to name his next chip after you, the varney. he prefers the stu. i think it's going to be going with rubin. that's the new one. stuart: you're very kind. thank you very much. back to you, jacob. you say that tech stocks and industrial stocks look promising after nvidia's report. which stocks are you talking

about? >> ignore the gross margins for nvidia and that's a nvidia story and look at volume demand and total data center demand and inverted holdings gets three quarter os of $8 billion in revenue and selling cooling equipment to the data isn't eer and doing most business to cloud and ai, infrastructure and hardware networking and it'll make connectors going to nvidia's chips and tons of companies ramping up ai business to support nvidia in this journey. stuart: got it, jacob, thanks very much. we'll watch you on baron's -- barron's roundtable on fox business. millions surged over the past year. madison, how big was the surge? madison: well, stuart, what we're talking about fidelity reports that the number of people with more than $1 million in their retirement accounts jumped 27%. we're seeing a big growth there. ira millionaires rose 8%.

baby boomers made up 41% of the 401(k) millionaires and gen x57% and main drivers were a robust economy and lower inflation and federal reserve interest rate cuts. stuart: moral of the story if you start working with a company offering a 401(k), get in the program. do not opt out. do it. madison: hot take. it's not that hot. even if your company doesn't offer a matching program or whatever, in my first job i was a contract worker making no money because i worked in tv. and i made the decision to start that 401(k) and i'm so glad i did because it's grown immensely even though i didn't have the match. that's the biggest thing, especially, you know, as you move through your career. stuart: keep at it and keep going till you're 60s and 70s and as tonnished how much you can make. >> you are, stu. madison: thank you. stuart: republican lawmakers calling to reform federal benefits and titlement

programs -- entitlement programs, watch. >> if you want to milk the taxpayer, those days are over and you'll contribute now. stuart: going to tell you exactly what changes they're planning to make. trump threatened to slap a 25% tariff on imports from the european union. here's why. >> they've really taken advantage of us in a different way. they don't accept our cars, they don't accept essentially our -- accept our foreign products and the european union was formed to screw the united states. stuart: trump is slapping an additional 10% tariff on china. trump's senior trader manufacturing adviser, that's peter-and- navarro, peter will take -- peter navarro, and peter will take it all on after this. ♪

do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. our friend sold their policy to help pay their medical bills, and that got me thinking. maybe selling our policy could help with our retirement. i'm skeptical, so i did some research and called coventry direct. they explained life insurance is a valuable asset that can be sold. we learned we could sell all of our policy, or keep part of it with no future payments. who knew? we sold our

policy. now we can relax and enjoy our retirement as we had planned. if you have $100,000 or more of life insurance, you may qualify to sell your policy. 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. this is where you are. but this...is where you want to go. (♪) we give you the rewards and you choose where they'll take you. (♪) introducing the credit one bank wander american express card.

stuart: republican congressman dusty johnson passed a bill for people to receive food synapse. hillary, how would this work? reporter: some have to get a job for the government to pay for their groceries and the bill from dusty johnson requiring childless able-bodied adults on the assistance program between 18-65 to work at least 20 hour as week to qualify for the benefits. johnson saying of the bill "able-bodied people that can work should work. if we want to continue to have our welfare programs be pathways out of poverty. there's no reliable path out of poverty with no work, training and education at its core". this comes as house republicans are scouring government spending to figure out where to make cuts to pay for tax cuts without

adding to the deficit and # the goal is to find $2 trillion in fraud and west and programs like social security, medicare and medicaid are not going to be touched. >> can you guarantee that medicare, medicaid, social security will not be touched? >> yeah, i mean, i've said it so many times, we're not going to touch it. we are going to look for fraud. i'm sure you're okay with that like people that shouldn't be on. people that are illegal aliens and others. reporter: according to the anti-healthcare fraud association, americans are losing $100 billion every year to medicare and medicaid fraud. stuart. stuart: got t hillary. thank you. president trump just announced tariffs on mexico and canada will go into effect on march 4. he also said china will be charged an additional 10% tariff. peter navarro joining us. he's mr. trump's senior trade and manufacturing adviser joining us now. why the extra 10% tariffs on

china, peter? >> stuart. just let me say it's nice to see you again. and then let me get very, very serious here. a little fentanyl 101. fentanyl is killing americans at the rate of a minimum 75,000 a year. it's probably 300,000 human american souls a year. that fentanyl comes from china, comes over to mexico and canada and cartels mix it and it's not just the fentanyl. koenen arkansas cocaine, methamphetamine and people taking xanax and oxy cotton and a lot -- oxycontin and a lot can be laced with fentanyl and makes it more addictive and potent and the president is seeing all this

people are dying at a high rate and china could stop that in a day and it has not. stuart: that's what the extra 10% tariff is all about. definitely about fentanyl and do it now. that's the negotiating piece. >> yes. stuart: we've got -- the president is threatening to slap a 25% tariff on imports from the european union. what does europe have to do to get the tariffs to go away? reciprocal trade. it's a beautiful concept, stuart. >> what president trump is trying to do is a major restructuring of the international trade order and it's been set up to fleece americans. we have a fact and we'll have

that conversation and it is a fact that every major country in the world which we have trade deficits with, putting all the ones in the eu, have both higher tariffs and non-tariff barriers and i love to use the example of cars. take a $50,000bmw, getting on a boat and comes on over here first thing that happens is the german car maker gets a we try to sell a cadillac over there. first thing that happens is we get hit with the 10% tariff.

as a result they sell eight times more cars to america than we sell to them. as a result we have more than $200 billion trade deficit with the eu. when you ask me what europe can do to avoid a reciprocal tariff, what they have to do is treat us fairly so that we're in a situation where the tariffs are lower but also the non-tariff barriers, the vat, and we're in a situation where the trade is balanced. that's what we're looking for and that's the fairest thing in the world. stuart: that's the beamer and cadillac. that speaks to me, peter. one more for you. president trump ordered an investigation that could lead to new tariffs on u.s. copper imports.

>> love to talk about this one. here's the issue here, in terms of demand, particularly with ai and electric vehicles and electrification -- excuse me, of our economy. i don't know what happened there. just one second and i'll be back. [ coughing ] >> what's going on is demand will double in ten years. think about that. electric demand doubling in ten years, and cop service connected a big part of that. it's also the second most important material in the defense industry. we have a situation here that's common to materials and have a global gut largely with china capacity and in copper and what we do with the glut is dump into our market at low cost prices, and that suppresses our ability to mine, smelt, and refine.

so we're in a situation now and under section on 232 it's going to harm our national security. stuart: i got it. >> that's what's going to happen. howard lutnick is a revelation at commerce. it's a beautiful thing to see him work. the president has directed howard to go do the investigation and if warranted to impose impose the recommended imposition of tariffs and other things and two great mines for example in arizona. there's another one up in a.c. we can provide the bulk of the needs, and zero import -- depend on copper in the 70s and now it's half and moving full square

on that instead of lumber. stuart: peter, come back on the show more often because you have a great way of explaining somewhat complicated trade issues. come back and see us again soon, peter. mis-you. >> praise from the master. stuart: stop it, that's flattery and i know it, but i like it. thank you, peter. out of time, more varney after this. ♪ 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. (♪) [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? ♪

ok guys, instead of getting weathertech, i saved a few bucks and got some cheap, foreign made floor mats. but they really stink, so put these on. ♪ really, gary? mom, i'm thirsty. don't settle for cheap, stinky floor mats. at weathertech we make our floorliners and cargo liners

here in america, out of pure non-toxic american materials. dad, next time get weathertech. they don't stink! i'm on it. find out everything we have at wt.com. stuart: same story on the market. up 300 on the dow and nasdaq down 116. ashley, go through the movers for us, will you, start with warner bros. ashley: yeah, warner bros discovery added $6.4 million global streaming subscrape -- 6.4 million global streaming subscribers and brings to 116.9 million subscribers and the company says it has a clear path to hit 150 million global subscribers by the end of next year. that kind of rhetoric pushing higher by 9.5%. next up is walgreens and planning a three way split of

the company if a deal to take them private is reached. if that happens, reports say walgreens three businesses, which is u.s. retail pharmacy, boots uk and u.s. healthcare, all would reportedly be separated and have distinct capital structures and that need is greeted positively and stock up 4.25%. stuart: thanks, ash. president trump want as path forward for extending the tax cuts. edward, they want to move forward, what's the plan? reporter: yeah, so far, so good and that big beautiful bill that passed the house going to the senate and the president's economic advisers met with the house speaker and theed senate majority leader coming in the next week or so and in that bill, the president does hope to extend the tax cuts. he wants to make them permanent and trump cuts with no tax on

tips and no tax on social security and no tax on overtime. joe it's a once in a generation to that's what they want to ensure and not what policies is accepted but how much they'll save. ism cost savings related to doge and the adviser will also believing that 10% across the board tariffs on chinese goods in place on march 4 bringing about $500 billion over ten years and the former reagan economist art laffer says the tax cuts president trump signed in the first term, they worked. jot rich paid more in lower tax rates and revenues went up not

done. this was a win, win, win, win. who on earth would ever want to raise taxes and collect tax rates and collect less revenues and have to be dumb, blind and stupid to do something like that. reporter: if they do expire and tax brackets for lower and middle income americans going up 2% and those are the people that can afford to pay more in taxes. stu. stuart: edward, thank you very much. now this, a new doge centric bill is set to target more than $200 billion in improper payments made by the federal government last year. congressman dan musclinger is sponsoring this bill and join -- dan mues ser is sponsoring this bill and joins me now. dan mueser. >> hey, stu, great to be with you and coming from unemployment compensation and medicare and medicaid.

there's over as you saw, over $236 billion of overpayments taking place. these improper payments going out and being discovered and recover and correct the situation. stuart, almost as bad and happening on states level as well. in pennsylvania, they used to have -- they still might, a saying that went close your eyes and authorize when someone would submit for any sort of entitlement fund. so this is out of control and over $200 billion in wasteful spending taking place, and we're going to target it and we're going to require the federal government and as well as states and agencies to correct it. stuart: your critics, democrats, will say you're slashing medicaid. they're taking away your medical services. what's your response? >> no, sir. response is easy, there's no services, no benefits being reduced. we are however, if you're not eligible to receive medicaid,

you're not going to get it. if there's fraud, you're not going to get it. if there's any sort of level of abuse that's detected, you're not getting the taxpayer funds via medicaid or medicare program. that's what we're working on and no cuts as president trump said, read my lips. no cuts to medicaid. said it on the house floor yesterday, no cuts to medicaid. the left keeps on say that because they've got nothing else to say and just complete fiction. but we need to lean up our government and right side it. this bill will help codify some of the work that doge is doing by requiring the agency and we have great secretaries now to enforce this and make it happen. the recovery and stop the overpayments. stuart: you just spoke to executive chair of micro-strategy, the largest

owner of bitcoin in the world. spoke to them about the value of bitcoin in our economy. what did hotel you? >> it was a great meeter and michael saylor and others have a great vision of crypto and the industry and digital asset play and more significant it is. it could be multi-trillions for the united states in economic growth, and we need to seize the digital asset opportunity for the u.s.. and noisy recordings is the time to do it. we have -- now is the time to do it. we have a bill, 21, that's beginning of a structure. we have to have more consistency, we need to have rules and industry is asking us and we need companies like coin base here in the united states and we need frame work to allow the industry to grow, and we had a great meeting and appreciate them coming in. stuart: we appreciate you coming

on the show today. dan meuser, republican of pennsylvania. see you soon. stuart: the president of one of the rather thannest teacher's union randi wiengarten sending a letter to the big money managers, she wants them to review their investments in tesla. what? what has she got against tesla? madison: maybe it's against musk, but she does say tesla stock is down this year. yeah, she's urging top asset managers to take a look at electric car makers saying that holding tesla could put teachers pensions at rigging. urgent warning from her. she sent a letter to ceos of biggest money managers like blackrock, vanguard, seek street and more asking them to take immediate action. she said the company is at grave risk of further devaluation and see it there, tesla has gone down 23% this year and nasdaq down just 1.3% and of course, tesla had a great year during

the election. take a look at one year chart, it's way up. and you can't ignore the social and political message this sends and many equate it to elon and there's incredible value in the company as he does things, the stock does react. and i believe a lot of teachers are not happy with him and the work he's doing at the white house. stuart: and randi wiengarten single handlely destroyed the public -- handily destroyed the public education system in america. but that's my take. the startup just debuted the first ever ai real estate agent. tell you how it works. homes and home improvement trends on display at nahb international home builder show in vegas. max gordon is there talking to insiders about the hurdles the industry faces including trump's potential tariffs. we'll be back. ♪

actors. we can make you believe we know what we're doing. when, in fact, we do not. whoops. i have no idea what these buttons do. i've never driven a stick in my life. but my hardest role yet? small business owner. because i have no idea what i'm doing. but godaddy airo does, using ai to build a logo, website and social content... for walton goggins' goggle glasses.

because if your goggles ain't goggins, they don't belong on your noggins. with godaddy airo, it's like you know what you're doing.

stuart: the dow jones industrial average up 300 points and nas dock though is down 109 -- nasdaq is down 109. take a look at big tech and nasdaq is the home of big tech and they're all down, except for apple, up all of 80-cents. amazon, microsoft, alphabet and nvidia all down. 3.5% down on nvidia. coming up, the big money show starts at 12, noon. taylor riggs is the co-host and with me now to tell me what have you got today? >> well, nvidia, nvidia, nvidia and stu for us at noon, not just about earnings anymore and pushing the story forward. how do some analysts think that nvidia will have a $4 trillion market cap this year? we're discussing and if big tech is spending $100 billion more this year than last year, is nvidia the only game in town to

drive this fourth industrial revolution? we're all over it. stuart: taylor, thank you very much. next case, the nahb, international builder show is underway in las vegas. and guess what, max gordon is there with us. max, you're talking to industry leaders and what's the biggest issue facing the housing market right now? reporter: hey, stu, one of the biggest issues facing the housing market is inventory and 4 million new homes and one solution could come from manufacturers like zook cabins and we're in one of their floor models and it's gorgeous. about 1890 square feet and if they built it here in las vegas where it's sitting, it would cost around $650,000. it can get even cheaper though if they build it closer to their factory over in pennsylvania. now, zook cabins is around one

of 1800 exhibitors here at the show and a third of the visitors are from out of country and top of mind for them, of course, is the, of tariffs. we talked to canadian manufacturers about what they thought. take a listen. >> that's the toughest one to choke down. it hurts. we're all like hey, wait a minute. why is this happening? obviously it's a political situation, but i think it's unnerved a lot of canadians. reporter: those 25% tariffs on goods from canada and mexico coming as early as next week and another trend at international builders show is resiliency. making homes more re-sis tent to fire -- resistant to fires, floods, storms. take a listen. >> what we're seeing is that the people are really people are interested in resiliency and sustainable and la fires, hurricanes, all of that is just

really brought resiliency and has brought -- reporter: a lot of folks here really upbeat and a lot of hope that president trump can cut red tape, get away with -- get away from regulations and all though the potential head wind is the tariffs. stu. stuart: max gordon, you're all right. thanks very much. madison, tell me about the ai real estate agent. i'm dying to know about it. madison: yeah, first off none of our jobs are safe. start there. stuart: really? madison: yeah, this ai agent brought in $100 million in leads. stuart: now you're talking. madison: real estate brokerage farm started using e self ai and that's the ai agent. they have seen $100 million in sales based on leads at this ai agent generated and co of the firm said ai agent is amazing because they have five thousand

properties in their portfolio and not possible for a human, even as smart as you, stu, to retain all the information about all those properties and to be available all of the time at any time of day. for an ai agent, that is possible. listen. >> increasing leads and increasing effectiveness and the ratio of leads that we receive? all the questions it ps and ai has all the information and regarding this properties that can -- that allows the virtual agent to answer all the customer questions. madison: it's their budge, how many bedrooms and all the basic stuff and ai agent taking all that and make as list of all the listings or houses that the client would be interested in and take them on a digital tour and all done with the ai agent. the firm does business in

portugal, but they have clines in the u.s. and brazil and it's been a game changer and any time a client talks to ai agent, they can respond. stuart: that's fascinating. really is. i can see that. thanks, madison. elon musk said trump has put together the best cab nit in the country. cabinet in the country. why do they think of musk's high profile roll in the government. we'll ask doug burgum, he was an the meeting yesterday and he's next. go along with it. we test. and then we test again. now it's time to put us to the test. whatever you do, do it for less at harbor freight. (♪)

stuart: elon musk attended the first cabinet meeting of president trump's second term and he really likes cabinet meetings. >> president trump picked out the best cabinet ever. literally. so i do not give false praise. this is a credit to people and eisen don't think such a talented team has ever been assembled and it's the best one congress has had and companies should be appreciative of people. stuart: doug burgum joining me as interior secretary. you were at the cabinet meeting yesterday and a lot of people surprised at the high profile role musk has taken on.

are you okay with that? seemed like he was running the show. >> i'm thrilled with elon musk participation going for this and heavyweights got president trump providing amazing leadership and setting them for the cabinet secretaries with the eos and providing super-er clear direction to all of us and empowering everybody to get it done and den quickly and as president trump does, he's holding all of us accountable. we have to reduce the size of government and toosh non-optional and elon musk is a tech entrepreneur and i spent multiple decade in tech before i was a governor and you have to build them better, faster and cheaper tomorrow than they are today. there's no regulation and one of the most competitive any aspect of tech is the most competitive area and a lot of parts of government are actually monopolies and it's the only place -- only place to get a driver's license in a state is from the state.

only from the state is a federal government. there's no competition saying we've got to find out a way to do a permit in months versus years and having this pressure from montana down to all of us and have -- president down to all of us and the "tech support cotyledon" from elon to build better services faster and more efficiently is absolutely fantastic. stuart: mr. secretary, why do you say that energy is the key to american prosperity? >> well, i say it because it's true, but president trump says it in almost every speech. energy is a component in the price of everything. it's in the price of food because of the diesel in the tractor and price of product in the store and transported there and likely using some form of energy. and we need more energy for ark i arms race and going for them and it's on the line and we don't have enough affordable reliable energy in the country

and president trump understands that. the wars that we've been fighting, proxy wars we're engage in and they're funded by adversaries by the oil sales and so we can get peace abroad, prosperity at home if we become energy dominant and he -- president trump eclatted the national energy dominance count and asked myself and chris wright, head of department energy to be the vice chair, and about half of that cabinet group is on the counsel and all of our jobs together is to unwind the biden administration's attack on u.s. energy and deliver affordable, reliable energy for americans. stuart: mr. secretary, thank you for joining us, i know you're becausey, but thank you for taking the time. >> thank you, stu. stuart: time for the trivia question this thursday. i don't get it. which president had the highest iq, estimates based on a study

by the university of california, okay. i don't think they had iq tests in the 1800s. thomas jefferson, john quincy adams, james madison or john f. kennedy? who had the highest iq? we'll be right back. ♪ only servicenow connects every corner of your business, putting ai to work for people. pfft ... every corner? every corner, nick. ow! so kate in hr ... hey kate. can focus on people, not process. oh actually, i have a question ... keep up, nick. do you have to be sick to take a sick day? patty in it is using ai agents to deal with the small stuff, so she can work on the big stuff. agents like secret agents? secret agents i control. with your mind? you know ... i played a secret agent once. - we know. - oh gosh ... i liked it. over here, ai gives tina the info she needs to get the job done. nick, what did we say about touching? no touching. good.

ai helps jim solve customer problems before they're problems. for reals? for reals. for reals. servicenow is the only platform that connects every corner of your business, putting ai to work for people. oh, so we all work better, together! my work here is done. ... . [sofi mnemonic] can a personal loan unlock your ambitions? oh yeah. borrow up to a hundred thousand dollars to consolidate bad debt and save money for your next goal. take a swing at your kitchen reno... meant that literally. or design your actual dream wedding. consolidate bad debt and fund all your ambitions with a sofi personal loan. go to sofi.com to view your rate. sofi. get your money right. do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. call coventry

direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. our friend sold their policy to help pay their medical bills, and that got me thinking. maybe selling our policy could help with our retirement. i'm skeptical, so i did some research and called coventry direct. they explained life insurance is a valuable asset that can be sold. we learned we could sell all of our policy, or keep part of it with no future payments. who knew? we sold our policy. now we can relax and enjoy our retirement as we had planned. if you have $100,000 or more of life insurance, you may qualify to sell your policy. 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: we asked an interesting question. which president had the highest iq, thomas jefferson, quincy adams, james madison, john f. kennedy. you have the honor, actually, of the first guests. ashley: thank you. based on my extensive research of presidential history i will go with the one with a queue in his name, number 2. stuart: what do you have? lauren: let's go with my namesake, james madison. stuart: i was going to do that, james madison. the answer is -- john quincy adams. this is an estimate based on a study by the university of california. adams had an estimated score of 175. he studied around the world and was fluent in seven languages. programming note, scott bessent, this afternoon at 4:00 my time is up, big-money show starts now