tv Varney Company FOX Business March 5, 2025 10:00am-11:00am EST
10:01 am
stuart: december 1963. what a night. 1963 the four seasons, good morning, 10:00 eastern, to the money. now we have some more green, dollars up 250, s&p up 20, nasdaq up 60 points, the 10 year treasury yield still moving down, 4. 23%. the price of oil well. $70 a barrel, 66 now down $2 and bitcoin at 89,300. the latest read from the services sector coming to us. what is the number? ashley: it is 53.5 which is better than the 52. 6 that was anticipated. that was expected to slip
10:02 am
slightly from january. this is is for february, much better-than-expected. we had a series of weaker economic data but this is not one of them. there is no estimate on it but it was coming in at 62. 6. the all-important services industry, nonmanufacturing coming in stronger than expected in february, that should help the markets. stuart: i will take it, thanks very much indeed. let's get into this. it was a one hundred minute speech, the longest address to congress in recent history, the president was combative, directly confronting the democrats, knocking them a, classic trunk and energetically entertaining, no other president since reagan would hold an audience like donald trump did last night. coming into the speech the stock market was tumbling. the economy slowing, inflation still a problem. instead of whining it, he acknowledged there would be some pain. as he put it there may be a
10:03 am
little disturbance but it won't last long, then he plowed into his agenda doubling down on tariffs, taxes, doge, the border, and a possible deal with zelenskyy, positive stuff, exactly what a president and his position should be doing, he's leading the revolution in government, only six weeks into his term, he cannot and should not retreat, he didn't. he is on a winning streak, he was pressing his advantage, rallying the cheering republicans and the voters back home. you may or may not approve of the president's policies but you have to admit, we have a president who was always out there making america's case in contrast with biden. the icing on the cake was the response of the voters to the speech. a poll on cnn no friend of trump showed 69% had a positive reaction. at cbs, no love for trump, 76% approved of the speech, three out of four described as
10:04 am
hopeful and unifying, made them feel proud. second hour of varney getting started. mark t's and joining us this morning. what are your thoughts? >> i thought it was was a great speech, very successful speech and i don't understand what the democrats are doing, the last image we had of donald trump at the house of representatives was the end of his last state of the union when nancy pelosi was tearing up his speech in front of the american people which was a terrible breach of the core man last night, the democrat said hold that beer, see if we can do it even further. one of the things i learned, the highlight of that speech was a little kid dj, the cancer survivors, getting his secret service badge from the director of the secret service and you know who his congressman is?
10:05 am
al green, the man standing with the cane yelling at donald trump and getting kicked out of the house, that is congressman, that's how much the democrats hate donald trump, his congressman rather than joining with donald trump and celebrating his constituent, a kid who beat brain cancer, he yelled at trump and got himself kicked out of the democrats sat while that kid was being made secret service, it is absolutely -- their last. stuart: i want to get some more on this. i thought it was one of the most emotional moments of the night, that 30-year-old cancer survivor who had dreams of being a police officer and made him an honorary secret service agent. he was beaming but some folks in the media tried to make it political. just watch this. >> this is disgusting, the president made a spectacle out
10:06 am
of praising our young man who survived pediatric cancer as if the president had something to do with it. >> i hope he has a long life as a law-enforcement officer and never has to defend the united states capitol against donald trump supporters and if he does my hope he isn't one of the six who loses his life to suicide. stuart: are you kidding me, that was out and out cruel. >> what is wrong with these people? there is something seriously wrong with these people and i will tell you something, donald trump, look at the harvard harris poll that just came out, 59% of the country thinks donald trump is doing a better job than joe biden was so they had four years to run the country and ran it into the ground and the american people after throwing donald trump out of the white house brought him back and there approval in the harvard harris poll is 36%. last night, they had a meeting beforehand and said how can we
10:07 am
drive it down even further. what can we possibly do to alienate more americans and they did it and implemented it seamlessly. stuart: they did indeed. thanks for joining us, see you again soon. staying on the address several democrats posted rebuttals to the president's speech, who are we talking about and what did they say? ashley: senator alyssa slotkin had the official rebuttal but she was just one among many more and it was the usual rhetoric overall, trump is driving up prices while filling the pockets of his billionaire friends, tariffs are going to torpedo the economy and democracy is under threat. in fact the response was pretty similar. >> giving access. >> security.
10:08 am
>> don't for one moment for yourself that democracy is precious and worth saving. but how do we actually do that? i know a lot of you have been asking that question. first, don't tune out. it is easy to be exhausted but america needs you now more than ever. the previous generations have not fought for this democracy where would we be today? ashley: bottom line it wasn't exactly a unified message from the democrats, some were holding placards with various messages, some chose not to attend the speech at all, others just sat in silence and some democrats shouted criticism at the president, one house member as we talked about, texas congressman al green escorted from the chamber after repeatedly interrupting the president, must be very proud. stuart: thanks. look at the market, plenty of green now, dow is up 250, nasdaq is up one hundred points, s&p is up 28, we got
10:09 am
some green. i want to talk in video. have we seen a bottom to that stock? >> we are getting close. you may see the s&p 500 continue to dive but the losses for nvidia moderate, 115, nvidia is down about 16% just in this tariff related selloff over the last couple weeks. the hit to earnings for nvidia on the basis of tariffs probably is not going to be anymore than 5% to 6%. over the last few months, the multiple for nvidia is somewhere around 23 or 24 times, that's near the bottom over the last two years and relative to the s&p at 21 times it is kind of thin. this is the moment you're going to purchase nvidia and get pretty good growth. we won purchase now at 116 and save it to 240. >> it may hit 100 or 110. stuart: go at it. you will like it.
10:10 am
which manufacturing stocks or company would benefit from tariffs? >> rockwell collins, rockwell automation both come to mind, they make air-conditioning and furnaces for businesses and residents. what happens when tariff the? carriers cost go up, they will raise prices, an analyst at jpmorgan think they will, grow revenue a little bit but the carrier is if you have hundreds of billions of dollars, maybe more of investment from companies onshoreing their operations from overseas into the us to avoid tariffs, that will accrue to something like carrier where you need more hvacs that will build out your arizona plant, new us plants for eli lilly. stuart: i was thinking down the road, all those manufacturing
10:11 am
stocks are in the green this morning, and slipped down $0.02. >> that another one. stuart: interesting company. fascinating. a good indicator of manufacturing. we will watch you on barron's roundtable at 7:30 eastern time friday night on fox business. ashley looking at the movers for us, tell me what's going on with abercrombie. ashley: weaker than expected guidance, wall street not exactly keen on the sales apps. as a result the stock down 15. 5%. look at campbell's, the soup guys down after its second-quarter earnings report, company missing on sales and cutting guidance for the year, the company says people aren't snacking. i beg to differ, the stock down 3%. 3%. here are some winners, homebuilders are heading higher this morning. according to a new report mortgage applications heard over 20% in the last week
10:12 am
thanks to a drop in those 30-year rates. green across the screen for the homebuilders. a pleasant site after so many struggles. stuart: we will take it. still ahead. trump promised not to forget the 13 servicemembers killed in the botched afghan withdrawal and he delivered. watch. >> i am pleased to announce that we have just apprehended the top terrorist responsible for that atrocity. stuart: what are we going to do with him? put him on trial? sent him to get mo? i don't know but we will get into it. border security set the stage at trump's speech and j.d. vance is heading to texas to see the progress made on the border in the last 6 weeks. a sweet surprise for a teenager who dreams of a career in the military. >> i'm pleased to inform you that your application has been accepted. you will soon be joining. stuart: he is going to west point. we will talk to texas congressman and west point grad
10:13 am
wesley hunt about that. he is next. ♪ patients who have sensitive teeth but also want whiter teeth they have to make a choice one versus the other. sensodyne clinical white provides two shades whiter teeth as well as providing 24/7 sensitivity protection. patients are going to love to see sensodyne on the shelf.
10:16 am
10:17 am
we're building an integrated in-home wifi solution for millions of families like my own. in the average household, there are dozens of connected devices. connectivity is a big part of my boys' lives. it brings people together in meaningful ways. stuart: the green on the screen is the result of comments by howard lutnick, the commerce secretary who suggested there could be an announcement this afternoon about a modification of the tariffs, 20% still stands on canada but some sectors could be left out. that is helping the market, the ism numbers received earlier is helping stocks. donald trump called out senator elizabeth warren in his speech.
10:18 am
what did he say? ashley: donald trump used his favorite nickname for senator warren, pocahontas, as he marked democrats for wanting to keep supporting ukraine, military aid in its war with russia. here's the president and the reaction. >> the united states has sent hundreds of billions of dollars to support ukraine's defense with no security. you want to keep it going for another five years? pocahontas says yes. >> hit a nerve when i applauded united states support of ukrainian patriots and if that hits a nerve for trump than it is worth sitting for the rest of that speech. ashley: trump ordered a pause on all us military aid to ukraine and ripped european allies for spending more on
10:19 am
russian fossil fuels than on aid to war-torn ukraine. stuart: thank you. today vice president j.d. vance will visit the southern border with the defense secretary and national intelligence director. what is on the agenda? >> the vice president expected to touch down at the border in the next few hours. as part of the visit he's going to take a tour of eagle pass and he is going to see a lot of troops, a lot of border patrol agents, what he's not going to see as many illegal migrants because crossings are at an all-time low and for me to say that is pretty remarkable because we are outside shall be park. this is the epicenter of the migrant crisis. in 2023 added speak, border patrol agents encountered 3000 to 4000 migrants a day and that is right here in the del rio
10:20 am
sector. thousands of migrants flooding eagle pass waiting to be processed, overwhelming those agents and resources. i want to show what it is looking like now, sources tell me 14 encounters yesterday, the best way to describe it right now is quiet, according to border patrol apprehensions across the border now down 94% from a year ago. donald trump credits this to declaring a national emergency at the border, deploying more troops, ending catch and release, also ending those mass parole programs, restarting the removal of aliens in violation of federal law and resuming the remaining mexico policy. this list goes on and on and we checked with our data team at fox, the second time the vice president has visited the border in the last 6 months and that's the same number of times kamala harris visited the border as vice president in her
10:21 am
four year term. stuart: we got it. thanks very much indeed. the president highlighted the immigration crackdown in his speech last night. >> since taking office my administration has had the biggest immigration crackdown in american history and we quickly achieved the lowest numbers of illegal border crossers ever recorded. the media and their friends in the democrat party keep saying we needed new legislation, we must have legislation to secure the border but it turned out that all we really needed was a new president. stuart: congressman wesley hunt joins me now. in my opinion the borders trump's biggest and most clear-cut win. what say you? >> absolutely and it happened in just five weeks. we passed hr 2 out of the house
10:22 am
two years ago and were getting browbeaten by democrats saying we were being obstructionist, we don't want to fix the border and it will take more legislation, you need to tell me with the stroke of a pen donald trump walks in and fixes the border, the fewest border crossings we have seen in decades. this is the kind of stuff for the american people voted for on day one, an example of promises made and promises kept and president biden was asleep at the wheel at the southern border and you know it, i'm in houston, texas, we felt the brunt of this issue so to see a turnaround so swiftly, peace through strength, an example of promises made promises kept and you are right, his crown jewel so far in the administration. stuart: glad you said so far, good stuff till to come. the terrorist behind the deadly attack in afghanistan is been captured.
10:23 am
>> isis terrorists killed 13 american servicemembers and countless others in the bombing during the disastrous and incompetent withdrawal from afghanistan, the most embarrassing moment in the history of our country. tonight i'm pleased to announce that we have just apprehended the top terrorist responsible for that atrocity and he is right now on his way here to face the swift sword of american justice. stuart: what are we going to do with this guy? i been saying sentiment to gitmo, i'm only halfway joking. >> i think donald trump will decide that but this is cleanup on aisle 4, what donald trump will be doing for the next four years, repairing the damage president biden did especially on a national scale, the afghanistan pullout was utterly ridiculous, should never never happened. it would not have happened under donald trump and keep in mind under donald trump's first administration the last 18 months not a single soldier in
10:24 am
afghanistan died and he told caliban leadership if you harm a hair on us we are going to retaliate against un because we had peace through strength no one died. in the first few months of the biden administration, we lost 13 brave soldiers and finally we are getting our retribution with this new president, we are going to continue to see more of this over the next few months and again we are cleaning up the mess of the last four years and donald trump is done more in the last two months than joe biden did in about 40 years. i cannot wait to see what's next. stuart: i'm sure you've seen this, the president highlighted the story of a teenager who lost his father who was a military veteran and sheriff deputy. watch. >> his greatest dream is to attend the us military academy at west point. that's a very big deal getting in. that's a hard one to get into but i am pleased to inform you that your application has been
10:25 am
accepted. you will soon be joining -- stuart: wesley hunt, you are west point grad. that was quite a moment, wasn't it? >> it was incredible. as a west point grad having another member like that to be a member of the line along with me and my brother and sister, we are all west point graduates, it warms my heart and this is what donald trump is trying to do, how do we increase recruiting, get young people reinvigorated to join our military forces. if you saw last month we had the highest recruiting in the army that we have had in decades and this is a testament to donald trump's leadership, to pete hegseth. when i see brave young men like this serving under donald trump it tells me america is back. stuart: it was quite a night last night. thanks for joining us, we appreciate it. coming up. from ashes to assets, lands
10:26 am
scorched by the la fire is selling well above the asking price. live report from the hard-hit pacific palisades on that. donald trump had a lot to say about tariffs last night. >> i have imposed a 25% tariff on foreign aluminum, copper, lumber and steel tariffs, making america rich again and making america great again. stuart: we are going to tell you what that means for homebuilding costs, we will be back. ♪ i'm thinking of updating my kitchen... —yeah? —yes! ...this year, we are finally updating our kitchen... ...doing subway tile in an ivory, or eggshell... —cream?... —maybe bone?... don't get me started on quartz. a big big island... you ever heard of a waterfall counter?... for everyone who talks about doing that thing, and, over there. but never does that thing... a sweet little breakfast nook. chase has financial guidance.
10:27 am
let's see how you can start saving to make this happen. —really? —really? really. at home or in-person. you could also check out a chase money skills workshop. that's guidance from chase. make more of what's yours. business. it's not a nine-to-five proposition. it's all day and into the night. it's all the things that keep this world turning. it's the go-tos that keep us going. the places we cheer. trust. hang out. and check in. they all choose the advanced network solutions and round the clock partnership from comcast business. powering more businesses than anyone. powering possibilities. 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
10:28 am
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. 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.
10:29 am
10:30 am
stuart: we are one hour into the trading session was a mixed picture emerging, the dow zepeda, nasdaq down 29 points which i want to know what is going on with apple. it is down today. look at that. what's going on? in ashley: despite the fact they unveiled new macbook models, got an upgrade with the company's import shipper. apple reducing the price by 100 bucks, the 13 inch model starts at $999. apple likely taking a hit from the new qualcomm modem. it will create a huge alta in performance. the stock down 2%.
10:31 am
footlocker. a big winner today after their earnings. they had a mixed holiday season and signaled some pressure on their profits for this year but nike is offering discounts in order to clear out there massive inventory. maybe consumers will go into that. footlocker up 6%, nike down 12:45% and the consumer health company settled proxy fight with star board, they agreed to appoint new independent members to the board of directors, down 2%. ashley: donald trump pivoting back to oil and gas but one kind of green energy could gain momentum. lauren simonetti , you spoke to chris right, what's this about geothermal energy?
10:32 am
>> reporter: he said give a lift off to these new technologies that can tap the heat beneath our feet. >> most geothermal resources on federal lands, out in the west with deep hot rocks and it has been difficult regulatorywise to develop geothermal resources. the government has to get smarter about that, we've got to unleash private capitals there. >> reporter: he says government will use ai to speed up the energy permitting process, quote, very soon. what is geothermal and why does he like it? geothermal uses the expertise of the american shale revolution to provide clean reliable energy 24/seven. it uses the energy store in the earth to generate power, you drill a well, water is pumped to create cracks in the rocks, extracting heat from the earth's core. without significant investment in the us risks falling behind to china.
10:33 am
>> plenty of other countries are looking at geothermal and i think of the us moving slow on it, there's no reason for that. >> making 70% of the investment in geothermal according to the international energy association and the white house wants to change that. and energy department is geothermal currently comprises a minuscule amount of us energy, they think it can scale fast, advanced or nexgen geothermal can expand this now bringing the technology to places that don't have natural hot rocks powering 65 million homes by 2050. the a idea centers, google and meta both making big investments to tap geothermal power. stuart: see you tomorrow. last night, donald trump reiterated his plan to impose reciprocal tariffs on april 2nd.
10:34 am
role it. i got that wrong. reciprocal tariffs on april 2nd. joining me now, real estate developer and ceo of laurel opined companies. do tariffs mean higher building costs? >> we can't increase the cost of building. if we increase the price of labor, increase the price of steel, it's going to push construction costs up. it's going to make housing more expensing, this is not a good time to make housing more expensive with high interest rates, high insurance rates and what brings me solace is as you see in this term he is using his old tactics going back to the art of the deal, using his leverage, being outrageous in his demands and aiming very high and what he's doing is he has -- he had to implement the tariffs, can't put a threat out and not follow through because
10:35 am
future threats will be empty. he had to do that and certain tariffs will be rolled back. he's not going to want to push up the cost of construction. we when you want to rollback the sooner the better i take it? >> in the construction industry, it's not going to affect us immediately unless we have suppliers hedging their costs. idea leave you can't take 40% of our trade and add significant tariffs and not expect inflation and cost. he's a real estate developer, he knows the cost of construction is significant and he's not going to want to see the cost go up. he knows that will impact the housing market. stuart: only got a minute left. a quick question. what is the construction industry going to do? you are heavily dependent on
10:36 am
immigrant workers, trump rounds them up and send them home you have a problem. stuart: stage one, stop what is happening at the border, get rid of the criminals, people who shouldn't be in this country, the president has to go steps further. i always felt we need some type of vocational training. immigrants coming into the us are not matching the jobs we need to fill, construction needs 300,000 positions filled and we don't have enough plumbers or electricians the carpenters, one of the things i would like to see, instead of housing these immigrants, give a person a fish, feed him for a day, teach them to fish, feed him for a lifetime, most of these immigrants are coming to the us, they want jobs, they want the american dream, some type of vocational training center. stuart: trump is going to send them home.
10:37 am
thanks for joining us. that's the reality of it. >> going to have to continue on but thank you for having me. stuart: thanks for being with us. see you again soon. the president says he is focused on the economy and bringing down prices. >> i'm fighting every day to reverse this damage and make america affordable again. joe biden especially let the price of eggs get out of control. stuart: michigan senator alyssa slotkin was not buying that. >> to his plans actually help americans get ahead? not even close. donald trump is trying to deliver an unprecedented giveaway to his billionaire friends. we want to go will get more on what exactly the president said, doctor ben carson joins us shortly. in fact, he is next.
10:38 am
investment opportunities are everywhere you turn. do you charge forward? freeze in your tracks? or, let curiosity light the way. at t. rowe price, we ask smart questions about opportunities like advances in healthcare and how these innovations will create a healthier world tomorrow. better questions. better outcomes. (vo) weight loss. for so long, i felt stuck. but zepbound means change. zepbound is for adults with obesity to help lose weight and keep it off. it's changing what i believe is possible
10:39 am
when it comes to weight loss. it's changing how much weight i lose. up to 48 pounds. and some lost over 58 pounds. ♪ don't take if allergic to it, or if you or someone in your family had medullary thyroid cancer or multiple endocrine neoplasia syndrome type 2. tell your doctor if you get a lump or swelling in your neck. stop zepbound and call your doctor if you have severe stomach pain or a serious allergic reaction. severe side effects may include inflamed pancreas or gallbladder problems. tell your doctor if you experience vision changes, depression, or suicidal thoughts, before scheduled procedures with anesthesia... if you're nursing, pregnant, plan to be, or taking birth control pills. taking zepbound with a sulfonylurea or insulin may cause low blood sugar. side effects include nausea, diarrhea, and vomiting, which can cause dehydration and worsen kidney problems. zepbound means change. ask your doctor about zepbound.
10:40 am
it's odd how in an instant things can transform. slipping out of balance into freefall. i'm glad i found stability amidst it all. gold. standing the test of time. did they just hop from a baseball game to a show on max... without leaving directv? it's like all their apps and channels... are connected. oh, it's allll connected... shows, movies, sports, cooking shows. — oh my god cooking shows! — is she talkin' to us? tell me, how does directv put all your favorite stuff on one home screen? uncanny content suggestions based on your watch history? or mind control? were you recently electrocuted? well i for one, am intrigued!
10:42 am
stuart: it has been two months since the devastating fires in los angeles but dozens of listings for scorched plotted the market. max gordon joining us from pacific palisades is one of the hardest hit areas. how much of these burned out lots selling for? >> some of these plots are going for millions of dollars, plot i am standing on a right now is one of the first cleared by the army corps of engineers. the homeowners who lived here were originally planning on selling 3200 square-foot home through the mid-to high, $4 million range. this plot of land with no home because it burned down in the fire, 6000 ft. , is going for $2.4 million.
10:43 am
the real estate team says it has gotten a lot of interest and they even got an offer the day after it was listed. >> we are seeing locals, investment companies that want to read build towns that are committed to making palisades back what was and that is exciting, an opportunity we will never see again. >> there are 3 dozen listings for fire damage lots, some people are placing bids without seeing lots in person and willing to pay a premium, the most recent data, sales prices for empty lots nationwide stood at $21 per square foot and so far five fire damaged lots, $66 a square foot, the palisades, three burned out averaging a
10:44 am
whopping $307 per square foot. still unknowns about the safety of the area and how long it will take to rebuild, realtors said many families with younger children and older residents leaning toward leaving but lost their home in the fire, says she wants to stay. >> ever since the fire my block is closer than we have ever been. we all want to build back together, makes you want to stay where you are, going through this with each other. >> the army corps of engineers estimates it will take a year to clear the lots in the pacific palisades but some residents are hiring private contractors to make that a process. stuart: max gordon in the middle of it. joining me now, former housing and urban development secretary doctor ben carson. most people paying a premium price for a scorched plot of land must be leave the
10:45 am
permitting process will speed up so they can rebuild quickly. you think they are going to speed up the process in los angeles? >> it would not be the normal tendency. the current trump administration is willing to work with them on that and to get rid of the regulatory hurdles that keep it -- that is a major hurdle and already, 141, 81, the cleaning up of those spots and i think what i found when i was secretary is situations work with state, local, nonprofits, those are communities that did extremely well. that will find a way to be able to work together, we saw last
10:46 am
night, shows the malignity going on in our society where people don't want to cooperate. democrats were sitting on their hands and they are not evil people but have been infected by i don't know what it is, that makes them not think logically. anybody knows that if we work together, we coordinate, we will be much more finicky. stuart: they don't seem to be even close to putting up their own policy or moving to the center. and the plans are forward thinking, and how will they
10:47 am
improve the lives of the american people. and i firmly believe democrats will start moving in the right direction. i know a lot of them and they are not bad people. they need better leadership. stuart: i wonder if they can get it in the near future. always a pleasure to have you with us, see you again soon. coming up, the democrats response to trump's speech was anything but rousing. at times it was i would call it cringe worthy. some wave battles in the air saying lies or save medicaid. that seemed to fall flat. that is "my take" at the top of the hour. actio's reports the us is holding secret talks with hamas on the gaza hostages and a cease-fire. coming up, we will talk to the council of is really new york about that, he is next.
10:48 am
10:49 am
we've always been competitive. ♪ yeah...one of us always had to be first. - first! - first! [kids bickering] [kids bickering] hold on, guys! ♪ first! today, we're first together. we love you, mom and dad. thank you so much for making it possible. and now you can finally put yourselves first. vanguard. fifty years of helping you invest for all of life's firsts. ♪
10:51 am
10:52 am
canada's prime minister justin trudeau and mexico's president shincheinbsaum. the general counsel of israel in new york joins me now. the white house is holding secret talks with hamas on getting the rest of the hostages released. reportedly discussions include a broader deal and potential for long-term truce. >> a new editor from the white house, from washington, they can talk with hamas. that is okay. the main thing is donald trump actually changed the whole idea, putting hamas under pressure and this is the right thing to do.
10:53 am
the hostage deal even before january 20th. if for the white house wants to talk directly to hamas and release more hostages, we would be very happy to see more hostages. stuart: donald trump has said consistently, those hostages, all hell breaks loose, this is part of the breaking loose, pressure on hamas. >> it was the wrong idea to put israel under pressure and from the first hostage deal it was november 2023, nobody remains. and all of them with their families, you can see the beautiful pictures. the emotional pictures of the hostages returned first of all to their families and the hospital and their home so if it is a direct negotiation with
10:54 am
hamas, they put them under pressure to release more hostages. stuart: as hundreds of pro-hamas protesters clashed with counter protesters, it is a personal question. you must be disappointed to to see this going on in new york city. >> i met the president last week and asked her to do whatever she can even if she needs more security forces to ensure that all of the jewish and israeli students, not only from the jewish communities, they will be safe. they have the right to study. the threat, i want to be very
10:55 am
polite but those people are very why old, they are very violent. and chanting death to america, what is intifada. to destroy, something very different, not about liberalism or democracy or freedom of speech. i'm disappointed but it is not a matter, a personal matter. i have to tell you it is an american matter because those people are saying death to america, not just death to israel, someone must stop them. stuart: there are times i walked around new york city in the last year when i thought the atmosphere was similar to germany of the 1930s,
10:56 am
>> >> we haven't learned from history. wild people influenced by fascist regimes, saying they want to kill you, to destroy you. stuart: terrible things. what would happen if they were threatening black people are anybody, you can do what you like, a terrible thing. thank you so much for joining us. thank you and good morning. still ahead, shannon bream on the democrats response last night, they didn't even applaud boy with cancer. jerry baker on trump's promised to make america affordable again. bill hemmer on trump's elon musk shout out and all the waste dog80 has found. ♪ ♪
10:57 am
0 Views
IN COLLECTIONS
FOX BusinessUploaded by TV Archive on
