>> if you're president zelenskyy, there's not a lot of great options in front of him.

any deal will be him conceding some territory. outside of that, what are the other options? >> the democrats have sunk the deal on purpose in order not to give donald trump a huge win. imagine if we could get peace in ukraine. >> do we really think we'll get tariffs tomorrow? there always seems to be an eleventh hour and 59th membership delay or further negotiation. >> arizona has to really decide, hey, is this a state that creates exciting new tech jobs or a state that caters, more and more to the retirement community. >> there won't be a democrat sitting behind president trump speaking so any democrat that does want to have some display of defiance against trump will have to do it down in the well of the house chamber. >> this costs $550. move it.

bye, stuart! ♪ ♪ stuart: dolly par ton. it's a great song and 11:00 on the east coast and monday, march 3. look at the market and not that much price change and dow, s&p and nasdaq down about 4%. mostly red on the left hand side. how about big tech and that group alphabet is the only one eric and that's up just two cents and rest are down, apple, microsoft, amazon, nvidia and back to 394 and yield on 10 year treasury and important thing for investors well below 4.25, 4.21 right now. now this. the peace deal that blew up in the oval office friday would have been the starting point for negotiations to end the ukraine war. it would have put america at the scepter of ukraine's future -- center of ukraine's future development, and would have

brought back some of the money we invested over there. it's worth mentioning that it could have stopped the killing. how come it fell apart in that oval office blowup. ? perhaps it had something to do with the meeting zelenskyy had with top democrats hours before arriving at the white house. chris murphy posted this on x on friday morning, "just finished a meeting with president zelenskyy here in washington. he confirmed that the ukrainian people will not support a fake peace agreement where putin gets everything and he -- everything he wants and there's no security arrangements for ukraine". in other words, just before zelenskyy was due to sign the deal, he was telling the democrats he didn't like it and they supported his opposition, they encouraged him not to sign. then sof zelenskyy went to the oval office and rolled his eyes, talked over the president, argued with him, and killed the whole thing. the democrats are pleased and helped scuttle president trump's foreign policy initiative and

piling on the insults and senator adam schiff calls our president a coward. seth moulton said zelenskyy is a hero for standing up to trump and vance who he calls puppets. is this the return of trump derangement syndrome, maybe? that doesn't do america any good at all and doesn't help the people of ukraine that have to keep fighting. one last point, in 2022, months after the war broke out, president biden lost his temper in a phone call with zelenskyy. he told him to "show a little gratitude". that's exactly what jd vance told him on friday. for democrats, it's only bad if trump is involved. third hour of varney starts now. ♪ ♪ stuart: steve forbes is with me here in new york right now.

steve, were the democrats trying to sabotage a possible trump win? >> i think what president zelenskyy has to realize and hope his diplomats are telling him this is the democrats are more interested in harming trump than helping ukraine. i'm pleased with prime minister of britain met with zelenskyy and behind the scenes they've told him the same thing. we the europeans are going to step up, britain is doing it and pledging were money and getting this thing back on track. one good thing is president trump being a businessman loves the idea of getting the minerals from ukraine so i think with some goody momentum seizure disorders behind the scenes and instead of the oval office, they'll get the process become on track and get a process going again. the fact that the britts and french and others are willing to put troops on the ground, that's good. u.s. business people going into ukraine and that's good. i think eventually we're going to remove the soldiers in germany to poland and that way there's a environment to prosper and europe can prosper and woe can prosper. stuart: i hope they're going on

right now behind closed doors. that would be a good thing. >> yes. stuart: separate issue, steve. treasury secretary scott bessent announced his department is creating an affordability czar to combat high prices. watch this. >> it took four years to ghettoises here, and we've had fiver weeks so interest rates are down, that's a very good start toward housing affordability, word auto affordability, and we are tackling this. treasury genning to appoint an affordability czar. >> what does that mean? what's handout affordability czar? >> someone that picks the five or eight areas where this administration can may recollect a big difference for working class americans. stuart: steve, affordability czar. pick five to eight areas where trump can make a difference. are you a little skeptical? >> sounds like something came from the democrats, kamala harris.

you know, who price controls on groceries. they're pursuing the things you have to do and getting a big, beautiful tax cut and that's critical the bigger and the better. they're attacking regulations and they're attacking spending side so if you get that through, that's going to be a good thing. what bessent and others should be worried about is the federal reserve that has the idea that people doing well is bad for the economy. there's a clash coming there so in terms of having affordability czar no, they're already trying to get the price of eggs down and trying to tackle these things. stuart: got t steve forbes thanks for being with us. thank you very much. >> thank you. stuart: back to the markets now. a bit of price movement, dow down 40 and nasdaq down 81 points. jason katz coming on with us this morning. jason, this high anxiety out there for all kinds of things. the tariffs, the blowup in the oval office, foreign policy, inflation. should investors be worried at

this point? >> you can cut anxiety with a knife. i mean, look, business react to consumers and investors react to businesses. all three are anxiouses and all three loathe uncertainty. and this anxiousness is predicated on tariffs and cutting government jobs and deportations versus the pro growth policies that steve forbes just eluded to and leading for the growth scare and it's a scare. trump does reckoned or we believe he does that if we take the medicine now and it's for better than the consequences of what we see down the road. so inflation perception could become reality. the administration knows this, stu. you're going to get clarity on tariffs in the not too distant future and to steve forbes earlier point and tax reform must be and will be the next big policy agenda.

stuart: short term on the market. pain and volatility and then when things shake out later in the year, maybe the rally continues. did you see it like that? >> you took the words out of my mouth and you can see 9-10% upside but look, sometimes the best offense is a good defense and the school of what's works is not working and this jeer is switching from winners to losers and growth to value. look at growth index, russell growth is down 3.5% and the value index is up 3.5% and one's down and one's up. the mag 7 sold off a lot. and it doesn't need to catch down all that much more to see the value stocks catch up. in conclusion, i would hold your quality tech and i would add into all this volatility in the defensive parts of the market. healthcare, consumer staples, financials, things of that nature. stuart: i'm not selling my

microsoft just yet, even though it's down to 394. i'm hanging on there. jason, thanks for joining us this morning. see you again next week. thank as lot. >> thanks, stu. stuart: come back in, ashley, to look at movers and start with red it because it's up 5.5%. ashley: i will start there and reddit co-founder and joining frank mccourt and kevin o'leary's bid to acquire tiktok operations and moments ago, o'leary told this show it makes sense to bring him in since he's "a legend in social media and he knows how to deal with the content creators on the app, reddit up 5.5%. chipotle lee, the ceo said the company will cover the cost of president trump's tariffs and they'll not pass those higher prices onto customers and trump's tariffs on mexico and

canada going into effect tomorrow and ford in particular up today and that's despite the company reporting a 9% drop in total sales last month. but we can say that sales for electric and hybrid models rose more than 20%. the stock, forward stock up 1.34%, stu. stuart: thanks very much indeed. wonder if you can pull up the price of bitcoin and have that available. i can see this because the president going to form a crypto reserve and bitcoin going to be part of it when that news came out, bitcoin went straight up and reached about $95,000 a share and kins pulled back a little and some analysts rather skeptical of how the crypto reserve works and 89,000 a coin right now. all right, coming up, trump adviser jason miller says the president's congressional address will be must watch tv. >> this is more important than

ever with george washington and all the rest of the presidents would envy is what president trump does to finish getting our country back on track. stuart: all eyes on the democrats to see how they counter trump's speech. much more on that coming up for you. democrats are wondering without a party leader or clear message and warning republicans not to get smug or make the same mistakes. "the wall street journal" kim strassel makes her case next. ♪ ♪(voya)♪ there are some things that work better together. like your workplace benefits and retirement savings. presentation looks great. thanks! thanks! voya provides tools that help you make the right investment and benefit choices so you can reach today's financial goals.

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stuart: democrats facing a fresh test over how to counter president trump's address to congress tomorrow night. mark meredith joins me now. mark, i understand some democrats simply won't show up or attend. >> stu, that is what they're talking about because you know the president's speech is going to be on tv, it'll be on social media but in the house chamber, you're right. there may be empty se seats and high profile democrats think it's best to skip the event all together. axios said a dozen house or senate democrats are not attending or undecided. >> each democrat needs to make up their own mind and that state of the union speech will be a farce and a maga pep rally, not a serious talk to the nation. reporter: one democrat that will be there, former house speaker nancy pelosi. the 84-year-old said democrats should attend to show opposition to any potential changes to social security, medicaid and medicare. you may remember those pelosi

generated a lot of attention for tearing up trump's state of the union address back in 2020. trump call it had disrespectful and tomorrow night's michigan's newest senator democrat alyssa slotkin going to deliver the rebuttal and they're calling her a rising star after winning her seat in a state that president trump carried last november. there's new action at democrat headquarters and filing it is first lawsuit of trump against the second term and claiming the actions against some independent executive branch agencies broke elections law. when it cops to messaging, stu, we're seeing democrats shake things up any way they can and gavin newsom getting a lot of buzz for 2028 launching a new podcast trying to get his message out. stuart: jason miller saying the congressional address will be must see tv.

>> the country is in a really bad place because of where joe biden left it and even with the fantastic accomplishments that joe washington and all the rest of the presidents would envy is what president trump does to finish getting the country back on track. stuart: look who's here now, kim strassel from "the wall street journal". what do you expect to hear from trump tomorrow night? >> hi, stuart. i think he's going to spend some realtime talk about accomplishments and that's why this is important too and talking about doge and lawsuits and it's a opportunities for the president to talk about a lot of things like the border, his energy policy, what he's doing to cut regulations that will get to the growth that some of your prior guests were just talking a.c. those are the things we can expect and there's what i hope

he does and look to the future and make the case on really important things that republicans are going to have to tackle. tackle if they want to move forward and fix things and medicaid reform and a opportunity for him to talk about a program that is deeply important to vulnerable people in the country but has been twisted by waste, fraud, duplicate spending and abuse and democrats are salivating to go after republicans on this, but they need to be able to make the case to cut the deficit and the tax policies to extend this year. stuart: in your latest opportunistic ed in the -- op ed in the george, say republicans should not get smug and repeating democrat mistakes. which are you talking about, kim? >> yeah, to be clear, this was a column 90% about democrats. i have to tell you, stuart, in 30 years of covering politics, i've never seen a party so lost.

>> it happened over the rise of the progressive movement, but not just becoming one voice in the party, taking it over and then actively getting rid of anybody who did not agree with them, with primaries by making moderates or centrists take tough votes that lost them the election and everybody looks like elizabeth warren and while they might know what the voters want them to do, they have no meme reigns leading or leaders that know how to have common sense anymore. that's some of the republicans and people saying if you do not agree, 99%, 100% with everything this administration says, you might be 95% there but we won't even tolerate the 5% and we'll primary you and that's worrisome because you need all the ideas and input in the parties.

stuart: senator schiff called the president a coward after the oval office meltdown last friday. are they falling back into the old way of doing things from the first term? >> it's their only way of doing things and that's the point, stuart. this is muscle memory because there's nothing else. i mean, if you ask, okay, who's the leader that stands upright now in the democratic party that doesn't sound like crazy aoc or elizabeth warren? there's nobody out there really anymore. even those that claim to be moderate democrats and they'll have a few token is issues with where they say we're a little off the rails and who do they get to craft a compelling message that resinating with persons? they don't have the folks in their ranks right now. they've gotten rid of them all. stuart: oh dear. kim strassel, thank you for being with us. see you soon. >> you too. bye, stuart.

stuart: watch the president's address joint address to congress tomorrow night on fox business. special coverage begins at 6:00 p.m. eastern on the bottom line. back to the markets. dow down, s&p and nasdaq up 23. the airlines are asking faa for a immediate review of potential hot spots for conflicting air traffic near major airports and they're calling to permanently suspend some helicopter routes near washington's reagan airport after that deadly collision in january. mixed picture on airlines this morning. the britts, as in the uk, just announced a near $2 billion deal to support ukraine. >> the uk is prepared to back this with boots on the ground and planes in the air together with others, europe must do the heavy lifting and to succeed,

this effort must have strong u.s. backing. stuart: there does seem to be a split now between america and our nato allies. that's a big deal. we'll ask retired four star general jack keane about that. he's coming up next. ♪ (woman 1) eczema...

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stuart: nearly two hours of business this monday morning and not much price movement and mostly in the red on the left hand and dow down 60 and nas dc town nearly 60. ashley is taking a look at movers and start with aurora innovation. ashley: yeah. morgan stanley just initiating coverage of the autonomous driving company with an overweight rating and a $12 price target. right now at 750. morgan analysts highlighting the leadership in the autonomous trucking industry and saying that the company's upcoming rollout of commercial driveless operations in april seen asive toll event for the company and -- as a pivotal event for the company. next up apple, ceo tim cook just teased a naif air product launch in a post on x cook released a video with the words this week.

all the drama. apple flat at 241. stuart: thanks, ash. zelenskyy met with king charles two days after blowing up with trump in the oval office. uk is pledging $2 billion but keir starmer said all european countries must contribute to making a deal with russia, watch. >> in the event of a peace deal, we'll keep boosting you crane's own -- ukraine's own defensive capabilities to deter russia and the uk is prepared to back this with boots on the ground and planes in the air together with us, europe must do the heavy lifting. but to support peace in the country and succeed, this effort must have strong u.s. backing. stuart: jack keane joins me now. general, is there a split

between the u.s. and nato allies that's weakening nato significantly? >> i think it's two things. suring up the blowup in the oval office with zelenskyy and trump that took place at the press briefing. that's one thing. the second thing is they're really making certain that they're going to provide increased support to ukraine in terms of weapons and money and number of countries are willing to put boots on the ground if there's a peace agreement. and note worthy and missed by a lot of people in the press briefing when president trump discussing that issue and the issue was british and french are willing to put troops in as peace keepers after we have an

agreement and conceivably we could. if that hadn't blown up in the dispute that took place, what i just said would have been the headline because that is different than everything president trump has said about boots on the ground in ukraine. i underscore this, it makes a statement that he tried to tell zelenskyy, look, i don't want to define what security guarantees are before i negotiate a deal with putin and i want to put those together after i have an agreement with putin, but he made that concession at the press briefing we're all very much familiar with now. stuart: yes. as an aside, i'm sure you watch that had oval office blowup. what did you think when you were watching it? >> well, i watch it had three times and have considerable sources from it in the administration. there was a 20 minute briefing

that took place prior to that, which is pretty normal with all of the people in the room that you saw, except turnovers and the press. zelenskyy did not layout any 06 the grievances in detail at that meeting. it is now well known that zelenskyy and his chief of staff came in calculated and preplanned to lobby the international media and press about the grievances they had with president trump, and that is what you saw going on. zelenskyy was not asked a lot of questions, but he did most of the talking because he wanted to get his points across to who? he was lobbying the media to put pressure on trump to get some concessions out of him at a later date. absolutely misguided in every sense of the word in terms of what he was doing, manipulating the president, and that is why the administration is really frustrated with him because they believed, look, if you disagree with us, fine. why didn't you bring all of this up in the private session we had

20 minutes prior to the press briefing? they told him the press briefing would be about this is a feel good moment and we'll sign a deal after lunch and it's good for the united states, it's good for ukraine. thank the american people, thank the president of the united states, we're both moving together towards a peace agreement if russia cooperates and we got a lecture on the differences between zelenskyy and president trump. stuart: is there any way zelenskyy could come back and apologize, i'm deeply grateful for the american people and sign a deal? any chance of that? >> yes, very much so. that night after it all blew up and i was in contact with his chief of staff and he said, he was in the briefing and said we're ready to come back and sign a deal. i said to him, that's impossible if you don't reconcile first

with the president. send a note to him or pick up the phone and call him. that is what has to be done. all the rieders told him get on with reconciling with president trump text the waters with putin and make sure he's willing to comprise and there's no sign of that yet. stuart: defense secretary hegseth reportedly ordered u.s. cyber command to stand down on all offensive cyber operations against russia. why are we doing this and doing it now, general? >> i can only speculate that

it's showing we're serious about wanting to make a deal. it was the trump administration that gave cyber command new authority so they could respond to an attack without having going up all the way up the chain of command. but then the ability to stop that attack could be over. talkerring about net wok -- talking about network speed. in 2018, cyber command attacks russia trying to attack us and undermine the owe election. they did the same in 2020. both successfully shutting them down. that was the trump administration and they permitted the cyber commander to announce he had done both of those things. russia conducted espionage in the united states and in addition to ransomware activity and hostiles and other things taking place. it is surprising we're pulling back and it's temporary, is what

i'm speculating, and pushing putin to make the deal is the motivation. stuart: it's fascinating. great stuff, shall we put it like that, general. thanks for sharing with us. we appreciate that and see you again real soon. a private norwegian fuel supplier threatened to boycott the u.s. navy after trump's fiery meeting with zelenskyy. come back in, ashley. take us through it. who is doing what to who? ashley: well, the norwegian supplier may be threatening to cut off fuel supplies but the norwegian government making it clear it's going to continue supplying fuel for u.s. navy ships. now, context, this all came after the fuel supplier posted on facebook "huge credit to the president of ukraine for keeping calm and the usa put on a back stabbing tv show. it made us sick. no fuel to amer

americans" the message read and the move would only have a symbolic impact because the marine fueler out of narrow angleway has no fixed contract with the -- norway not having a fixed contract with the u.s. government and saying don't think american forces will continue to receive the supply and support that they require. there you go. as you were. stuart: thanks, ash. there's a new push to rename new york strip steaks and call them texas strip steaks. after all, texas is the beef capitol of america. how did new york strip steaks get that name anyway? we're going to get into that much the postal service could soon be taken over by the commerce department. >> are you going to put the secretary in charge of the postal service? >> we're looking at it and think he can turn it arnold. we're losing so much money with the postal service. stuart: how would it work with

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gish the nasdaq is down 139 and i don't know what happened but we've moved sharply lower in the last 30 minutes. we'll find out what happened. stuart: the big money show co-host brian brenberg is with us now to tell us what's on the big money show starting at 12, noon. what do you have? >> ukrainian president zelenskyy said he's ready to sign a minute rale's deal with the u.s. before the oval office deal with president trump falling apart and the latest with prosperities made and promises kept and president trump tout ago strategic reserve and bitcoin

and either at the heart of it. that and much more, stu, at noon. stuart: we'll take it, brian, thanks very much. stuart: 36 billion over the next decade. jeff, how are you going to do that? >> start printing money, stuart. reporter: no, no, they're not going to start printing money. that would be illegal and they've lost a lot of money over the years but they have a plan called delivering for america, which had just announced $36 billion is the target and how will they do that, you ask? well, they'll adjust first class mail delivery and going slower and faster and maximizing profit and they'll end redundant networks and they'll reduce the number of work hours that people work and save money on labor and shut down facilities they say are unnecessary.

>> they lost a 10 billion, with a b, over the last year or so. now it's $so 100 billion and curiously enough and the first quarter of this year, they made a profit. first time in a long time. $144million of profit. despite that, president trump says he's thinking about maybe turning the postal service over to the folks at the commerce department. here's what he said about that. >> massive amount of money and thinking about doing that and form of a merger and it'll remain the >> a person can't just snap his fingers on this and congress set up a postal service with an independent board to manage it and the president doesn't have complete control of that.

post mast ere general said that's the way it is now, things could change and here's one of the messages he sent to his employees. >> postal service was passed by congress and signed into law by a prior president and that laws can be changed. reporter: we reached out to postal board 11 member board managing the postal service and sent us back this statement saying we're in the middle of massive transformation improving the decision and service delivery and welcome engagement of policymakers to work with us to address the structural financial constraints placed on the postal service. they have to deliver to 165 million addresses, businesses and homes and some of them aren't necessarily profitable and have a tough road to hoe. if congress is re-for the

purposing, that's not the first item on the agenda. stuart: jeff flock, thank you very much indeed. one fast food change made big changes to the french fries and that was inspired by rfk jr.. come back in, ashley. which chain and what did they do? ashley: yeah, steak and shake. the restaurant announcing a major change to the popular shoe string fries and that inspiration indeed partially from rfk jr. and the chief operations officer joined "fox & friends". listen to what he said about change. >> we wanted to switch years ago but they couldn't get a chemical-free,, additive-free and all natural beef tallow and said we have to do beef tallow and no additives or preservatives and found a supplier that could do that for us and said we have to do it and do it everywhere and we d. we rfked our fries.

ashley: rfked our fries and steak and shake not the only using beef tallow. also popeyes, outback steak house, buffalo wild wings and smash burger using it as well and kennedy is a big advocate for beef toll low than oils and seed oils in fast food may be contributing to rising obesity rates and not everyone agrees including american heart association saying there's no reason to avoid seed oils but steak and shake believes the switch is about more than just health. they say the fries just darn well taste better. i'm all for that, stu. stuart: what's this about a new push to rename the new york strip steak. what do you got? ashley: yeah, texas considering renaming theny strip steak what else, the texas strip steak and dan patrick said it would better

reflect texas as cow capitol of america and not only a slap in the face to new york and politician said he took inspiration from president trump's re-branding from the gulf of mexico to gulf of america and ps state lawmakers to approve the change in a formal resolution and asking all local restaurants and grocery stores to update their menu when is they're reprinted and patrick says liberal new york shouldn't get the credit for the hard working ranchers of texas. by the way, legend has it that the new york strip was invented by delmont koenens, a nice -- dell smokers monicoss. a nice stake steak house in new york city and enlisted there one day the new york strip on the menu just for something different and guess what, the name took off from there. that's the legend. stu. stuart: we hear it. ashley, thanks very much indeed. now california's governor that will be gavin newsom and wants to understand maga, he claims,

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stuart: gavin newsom tips his hat to the maga movement and has an awful record in california to live down if he wants to get elected president in 2028. allysia finley in "the wall street journal" wrote that, and she's with me now. will newsom become the leader of the democratic party in 2028? >> looks like he's positioning himself to and who are the other alternatives? jd pritzker of illinois? really? kamala harris? he's right now by default is but he has an awful record to live down. he's now trying to clean it up. stuart: he has a podcast he's going to start. >> he has one already with marshall lynch and trying to reach out to the whole corporate maga base and alienating them and going around the country remember a couple of years ago, campaigning against the maga people and now he's -- by calling them bigots and such and now trying to reach out and understand them. stuart: is he a really good

politician? >> we, i guess a good policies is one that can flip on a dime and he is in that respect. burr he's not sincere about any of this. stuart: you don't think he can do it? can't live down that record in california? >> he's got homelessness going down and the economy is continue ago 5.5% unemployment second highest in the country and wild fires and you can just go down the list and energy prices and highest gasoline prices and electricity prices in the country. stuart: he's just suspended two landmark environmental lawyers because he wants to fight the wild fires and prevent them. okay. and he's walking from two environmental laws. >> well, not completely and suspended brush for the krakow's al act and environmental act and limited suspensions and this is something they should have done long ago and they -- that it was found to impede the efforts to clear the brush and thin trees

and all that and he's not suspended the laws entirely nor to ease and make it'dier to rendition of anthony build homes -- easier to rebuild homes or build new homes in the state. building 3.5 million new homes and fell 2.8 million short. stuart: it's a temporary 180 is what he's doing. not even a full 180. >> right and felt once he's out -- he's term limited and out in 2026 and he'll be running to the left on a lot of,s. right now it's all just about cleanup. stuart: i'm dieing to see this and it'll be fascinating. alicia, thank you. fascinating. how many presidents were not, repeat, not born in the united states? two, four, six, or eight?

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(♪) car, this isn't the way home. that's right james, it isn't. car, where are we going? we're here. (♪) surprise!!! the future isn't scary. not investing in it is. car, were you in on this? nothing gets by you james. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com >> i thought this was a trick question i thought about president of the united states had to be born in the united states, what is it two, four, six, eight not born in america. >> who do we appreciate. >> i assume on american military bases that's the only thing i can think of but that couldn't happen that often i may go with

number one. >> i would do the same thing, i suppose if you go way back, the answer is eight of the first nine president george washington john adams thomas jefferson james adams, john monroe junk with the adams, andrew jackson william henry harrison was born as british subjects before the united states declared its independence. >> now you know. >> i did not know that. >> i got interrupted have to get into this earlier today zelenskyy and ukraine suggest that the war was going to go on for a very long time. president trump toasting untrue social america will not put up with this for much longer. the president is annoyed at zelenskyy all over again. that is that for "varney & company". "the big money show" starts right into seconds right about now. ♪