stuart: wake me up. wake me up before you go go. >> very british. stuart: i was british once. good morning, everyone. i am american now. it is 10:00 eastern. to the money, something of a turnaround, now completely mixed picture. dow off 40, nasdaq up 25. show me the 10 year treasury yield, just below 4. 4%. the price of oil below $70 a barrel, $67.81, bitcoin the day we have a crypto summit at the white house moving up to 90,295 a coin. that's the markets and now this. the president says cabinet officers should play a bigger role deciding who in their department gets cut.

he says they should go first in deciding which workers have to go rather than waiting for orders from elon musk. trump is not raining elon in but streamlining doghe to make the to part of government efficiency more efficient, a necessary change, too often cabinet members have no knowledge of the changes musk was proposing for their own department, too often, high valued workers are being let go and needed to be rehired when the department realized they had to stay. that created chaos which could eventually have hurt the president. click on his approval rating remains strong but nip to the bad pr in the bud. >> i want cabinet members to keep good people. i don't want to see a big cut where a lot of good people are cut. i want cabinet members to keep the good people in the people who are doing a good job that are unreliable don't show up to work, those people can be cut.

so i had a meeting and said i want cabinet members to go first, keep all the people you want, everybody you need and it would be better for two years instead of two weeks because in two years they will know for people better but i want them to do the best job they can. stuart: possible legal challenges to future job cuts, some have objected to musk issuing firing notices but if the cabinet officer does it there is no legal issue about who can hire and who can fire. bottom line is the dogthe program will move more vigorously without territorial disputes and political embarrassment. as the president said, we say a scalpel rather than a hatchet. second hour of varney just getting started. stuart: todd pyro. this is a significant change

designed to avoid political embarrassment because nobody likes the chaos we are seeing. todd:that's the number one take away at you expressed in your "my take". the american people don't care how they accomplish the goal, they just want the goal, stand that goalie streamlining government. admittedly has dogthe been completely smooth the first we 6 weeks? i think we would be hard-pressed to say yes but it did accomplish a lot. it could accomplish a lot more if you allow the secretaries of various entities to do their work for legal reasons. stuart: joe rogan mark to the left for wanting to create their own podcast. >> they support each other and go on each other's shows and all in this together, we need that on the left, good luck,

you guys cancel each other if you're really ukraine flag is too small. 6 x 6. >> talk about each other for not having trans kids. your out of your mind, you will not sync up together. stuart: if they did create these podcasts that cancel each other? todd:if the last week is any indication the democrat party is in disarray, the far left is in disarray, they don't know which end is up and you look at the more moderate democrats over the last few weeks saying we weren't happy with the display we saw on the house floor and from fellow democratic colleagues. they are in trouble. they don't have a way out and when you don't have a way you start banging the tables like we say in law. that is what joe rogan, one of my favorite comedians is getting that right. i would be okay if you said you

got to go. stuart: i agree with you, the democrats had a terrible week, a dreadful week beginning to end. j.d. vance todd: podcast won't solve their problems. stuart: another win for doge in court. neil: federal judge called that usaid, those contractors cannot be spared from mass firings at the agency, they suffered irreparable harm and denied the motion for temporary restraining order the would have returned the fired contractors to work, doge's budget cuts targeted those awarded to usaid, 92%. scalpel might be more favorable to some people starting with the chainsaw.

stuart: one hundred 50 one thousand jobs added in february, the on employment rate went up a fraction to 4.1%. we got the jobs report. it seems to me that inflation is still with us. the economy is slowing a little. and we've gotta trade war. that doesn't seem to be a good environment for buying stocks. lauren: you need to focus on the long-term perspective as an investor and trump has said what he was going to do. the markets are playing a tug-of-war, and by the way, the reason donald trump won reelection is the main reason was open border policies and inflation. the democrats are saying we have inflationary numbers, we had it because it was reckless spending the last four years, trump trying to reverse that.

it will take some time. markets may experience a little pain but we have a balance this morning. stuart: i would say the market got a serious balance if the 10 year treasury dropped below 4% and the 2-year treasury went down 23/4 of 1%. that would be a boost for the market. >> a steeping of the yield curve pulled back a little bit. everyone thought it would be 5%, not 4.2%. interest rates have pulled back. positive for investors in the market. we have them later today, it wasn't that bad. stuart: to the magnificent 7, clobbering recently, what do you make of this? and lead the markets, a third

of the s&p in terms of waiting, broad.com had good earnings but if you look at nvidia, earnings were across. you have to keep an eye on the magnificent seven at this time even though i would like to rotating other areas but if they move away they lead the way. stuart: thanks for being with us. way fair is up 6%. lauren: the gain is 42% from their close yesterday. they liked their new paid loyalty program. they keep customers coming back, they used to be online. stuart: an e-commerce giant in latin america. lauren: they are down 2.

8% even% even though they are investing 38% more than last year in mexico. stuart: ma bell technology all over the place. lauren: yesterday they were down 2%, now 3%. they lost one third of their value just like that. amazon as a customer, they reported earnings and were less than expected. stuart: let's look at google, what's happening on the online search monopoly case. lauren: so much is going on to refresh people's memories. last year a judge ruled that google is a monopoly and they have to change their practices. how? you might get some answers today. google and the department of justice are expected to file their final proposals to a judge on what remedies google should make an. they use a soft touch, don't break them up because they are quickly important to the country and this is a matter of national security. the biden department of justice

propose remedies including selling the chrome web browser, it is automatically when you use your phone. when you see what the recommendations are and what ultimately becomes of this. my opinion is trump department of justice will be friendlier to the big tech companies. stuart: donald trump's busy untruths social, he posted this, the head of the united auto workers of america stated tariffs are necessary to correct years of abuse of the usa by other countries and companies. we lost 90,000 factories and plants, he is one hundred% correct. that's posted from the president. still ahead. have you seen this? migrants cloning border patrol vehicles, looks like desperation. democrats went viral for the wrong reasons.

♪ stuart: hard to believe serious politicians but that outcome of the trump team responded with their own video, we will show that to you later. are the democrats in disarray? leadership is, quote, confronting members who disrupted trump's speech as ten house democrats voted to censure congressman al green katie pavlich on that next. ♪ 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. (♪)

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stuart: donald trump says next week he will get a report on the assassination attempt against him. david spunt joining us, do we know what will be in the new reports? >> reporter: it is not clear. we know the report, we don't know if it is one reporter two separate reports, there are two assassination plots, the one dealing with butler, pennsylvania the shooter is dead so there's no prejudicial evidence to come out but the florida attempted assassination suspect is appearing in court today so there may be hesitation to put out information that could hurt his chances in court. he is set to go to trial later this year but here's trump on wanting more information in the oval office. >> they are giving me a report next week sometime and i do believe, i want to release the report, maybe there's a reason

we shouldn't. don't want to get too far ahead of my skis but i would be willing to release that. >> reporter: what's not clear, the report contained the pennsylvania and florida assassination plots, the fbi leading both probes. let's start with the pennsylvania suspect thomas crookes, the 20-year-old, he shot the president and hit him in his ear. he also killed a firefighter and injured several others in the crowd last july at that rally in butler, pennsylvania. the fbi has yet to uncover a motive, 45 minutes for status hearing get. in west palm beach last september, hoping to take a shot at secret service agents, plot ford the plot, he is set to go to trial this fall likely in september. ryan ruth tried to get the

judge recused, she said no way, she's staying on the case, she will be on the bench this morning. stuart: thanks very much, democrats getting locked online, this time for posting cringey videogame style video telling americans to choose your fighter. watch this. ♪ stuart: okay. i am nonplussed as one might say. the white house responded with their own video. watch this one. ♪ stuart: okay. i better bring in katie pavlich.

welcome to the show. democrats are having a tough week for the democrats. katie:a tough week and sometimes things come up as an idea that will be good and you make it happen and they may be who look at this video should have said this didn't come out how we plan. the white house has an a-list olympic style rapid response team and their video showed homeland security secretary christine noem, doing these things, the american people voted for. these people, this video differently was not something that put the democrats in a good light especially after their display tuesday night. stuart: congressman al green. >> that's what people want. stuart: how about a policies that works. congressman al green was censured over his outburst during trump's tuesday address.

>> representative al green be censured by the speaker. ♪ >> the house will come to order. stuart: this after ten democrats voted in favor of the censure, house democrat leadership expressed disappointment in members behave here. >> a lot of singing going on inside the house chamber and outside in response to doge, over burning down buildings or smashing storefronts but democrats are having a

difficult time. going into the address tuesday night, hakeem jeffries tried to make sure this would not happen. they would not have the story be about what we are talking about. that didn't work out so well. with their paddles, shaking his cane and thrown out of the chamber so they don't have to worry about democrats trying, for a more moderate stance. to try to subdue that part of the party so they can win again and be in charge because singing is great but doesn't get you anywhere in terms of moving legislation are fighting back against what they think is a bad trump agenda. stuart: it could come back to bite him because randy ogles wants the democrats who protested to be removed from their committee assignments. that would be taking some strong action. will they do that?

>> there is potential, they do that with a number of members in the past and house republicans are looking forward to getting tax cuts done, getting an economic agenda on behalf of the president done, moving forward with legislation that will affect the lives of americans, if the tax cuts are not passed at the end of the year everybody in america is getting a tax hike, they are trying to subdue any distraction that may come from democrats, pulling them off of these committees to get their work done. stuart: i am not sure hakeem jeffries has that much time left in that position but we will see. >> he is not nancy pelosi. we will see how it goes. stuart: always a pleasure. don't be such a stranger to us. i will be back. coming up, the trump administration cracking down on

campus anti-semitism. as early as today they will announce consequences at some of the schools that have experienced this, we are following it, new data shows border crossings plunged to the lowest level in decades. remember when the media said nothing biden could do about the border, watch. >> republican's keep saying biden doesn't need congress, he can stop what is happening at the border all by himself. can you fact check that for us? we know that is not true. there's only so much a president can do with his pen and his phone. blue one seems like trump already did a lot with his pen and his phone. former acting dhs secretary chad wolf on that next. an alternative to pills, voltaren is a clinically proven arthritis pain relief gel, which penetrates deep to target the source of pain

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with just a glance i can see if i'm going high, low, or steady. so, i can make quick decisions in the moment. now, i'm a superstar. my a1c is 5.7. my a1c has never been lower. no other cgm system is more affordable for medicare patients than dexcom g7. don't wait! call now, and talk to a real person. stuart: on the market with an hours worth of business, we've got virtually no change in price, the dow is down 2, the s&p down 3. nasdaq done flat. stocks are moving significant, among them intuitive machines which is down 17%. >> its mission to the moon is over. it's winter later did successfully touchdown but the company says it is lying on its side.

due to the direction of the sun and the lander's solar array the batteries are depleted. mission complete. stuart: and broad.com. lauren: they are 3% each, top ai chip pics at citigroup. stuart: what do you have on the scaler? lauren: they optimistic this cloud-based security company will get larger deals enough to boost the stock one. 8%. blue one short and sweet and well to the point. thanks very much. the administration has restarted the detention of illegal migrant families with children. former acting dhs secretary chad wolf joins me now, why are they interning families with children? >> this is the ability to detain individuals and families in this case while they go through immigration court proceedings. when you don't detain certain populations such as families guess what comes across the border in numbers that are astronomically high, families,

unaccompanied alien children, numbers that if you don't detain, there's not a consequence for that, illegal entry, you start to see numbers skyrocket and get into a crisis mode for those different populations. stuart: these families that are being detained already been told to leave the country without a court appearance, they have already been told to leave and now we are making sure they leave because they are returning, basically it? >> anytime you remove someone from the country, you need to put them in a facility because of line of transportation, make sure you know where they are so you can get them to the flight line and remove them by aircraft. stuart: do you think that will be politically popular? you detain a family, keeping a family together but children being detained. >> some of these facilities are

not jail like facilities you are putting children in, detention facilities that are family oriented have libraries, accommodations for those children, just for your particular issue. these are individuals that have gone through the due process system. stuart: new data shows border crossings at their lowest level in literally decades. i want everybody to remember what the media said, there was nothing biden could do to secure the border. here's a flashback. >> republicans keep saying biden doesn't need congress, he can stop what is happening at the border all by himself. can you fact check that for us? we know that is not true. >> republicans have been saying, largely wrongly, the president can close the border unilaterally on his own, the president doesn't have the authority to do that. >> there's only so much a president can do with his pen in his phone. >> president biden is in a conundrum.

stuart: that is why he lost. trump was right, legislation wasn't needed, we just needed a new president because he shut down the border in six weeks. >> exactly right. we needed new leadership and a new president to provide that leadership. i think what you saw from president biden was, the playbook got no results and he continued to double down on that end the american people said enough, i want to someone who has ideas but also has the will to make some very good decisions and we know donald trump and his team, results speak for themselves, 5 or 6 weeks into the sand we see the lowest apprehension numbers we have ever seen and it is because they have put in policies in place using executive power or dhs authority to do that and president biden had the ability for four years to do the same and chose not to exercise it. stuart: we have some video on

this, human smugglers have created what i call look-alike border patrol vehicles. look at that. they created those look-alike border patrol vehicles, that's desperation, isn't it? >> this is not a new tactic by the cartels, they tried to clone border patrol vehicles in the past. it is desperate but they will continue to try to innovate. dhs and the trump administration put up barriers, they will continue to try to figure out their business model. these are big businesses that won't go away overnight and won't going quietly, they will continue to try to innovate, continue human trafficking and illegal more narcotics smuggling. stuart: thanks for being with us today. hope you have a great weekend. see you again soon. new york city was just denied their request for $80 million in federal funds for migrant shelters was what happened?

lauren: new york city sued the president and federal agencies for clawing back that $80 million it was awarded to help house the migrants, the judge, jennifer riordan, said it would suffer irreparable harm if the money was not returned. dhs secretary kristi noem said much of it was used for luxury hotel that also served as base for tren de aragua gang operations. fema did approve an award the money but it was during the final months of the biden presidency, it didn't get dispersed until trump took office and that is why he tried to take it back and looks like it worked. stuart: it has been taken back, new york doesn't get the $80 million. >> i'm sure they will appeal but as of now, no. stuart: watch this. msnbc analysts argue that doghe is racist. >> there are people who are charged with trying to find savings. is an attack on government but also an attack on this.

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to schedule your free second opinion. so what's there to lose? speak to hennion & walsh. the second opinion people. stuart: this is just coming to us, in about 20 minutes, 11:00 eastern this morning donald trump will remove her remarks from the oval office, we were bring it to you live when it begins. right now, checking the markets for you, not much price change, i take is that back, a few minutes ago there wasn't much price change, now we've got the dow down 200 points and the nasdaq down 140.

what happened to account for that record decline, the white house holding its first ever crypto summit as trump develops a strategic bitcoin reserve. hillary vaughan at the white house, are we going to get any big announcements today? >> we might, the president has made the usa the crypto capital of the world and today's gathering, the first of its kind at the white house, the guest list includes coin base ceo brian armstrong and others. this comes as donald trump made history yesterday signing an executive order creating the strategic bitcoin reserve, david sachs says the bitcoin reserve the it already owns, it will not cost taxpayers a dime. the us government owns 200,000 bitcoin, to count every coin.

they will not tell bitcoin deposited into the reserve kept as a store of value, it is a digital fort knox are crypto currency called digital gold. >> donald trump and his administration have done a lot to deliver on the promises they major in the campaign and we see this industry growing rapidly, the dominant bitcoin mining. >> we spoke two announcements out of this roundtable today, sources telling fox business a banking announcement could rollback regulations that restrict banks from doing business with crypto companies and tax announcement possibly eliminating capital gains taxes on crypto currencies. stuart: despite all that bitcoin is down today. thanks for joining us. between european and american lawmakers, big tech. lauren: the meeting didn't go well.

european lawmakers came at the end of february, for four days arranged meetings with several lawmakers including jim jordan but also david sachs in the tech office and officials in the justice department. they wanted to express their dissatisfaction with how donald trump was attacking their laws on online content and ai as government overreach. the message was not well received. the us lawmakers didn't care to try to understand their laws and they are not targeting us companies but lawmakers are like it feels like you are. feel like this is overreach and censorship. what about freedom of speech? stuart: when the day, the europeans can innovate the way we innovate i will listen to them. until then, be quiet. why did larry sankar reach out to elon musk? lauren: he wanted to investigate wikipedia, please determine what branches of the us government if any have

employees paid to edit, update, lobby wikipedia? such operations should be defunded if any. it has long been a critic of the online encyclopedia he founded. >> if you look at an article about global warming from 2004, it actually tried to take her neutral position but a few years after that it was definitely 1-sided. there was a fact of the matter about this and more and more of the disapproved positions, disapproved by the establishment, i would say, began to be downplayed and ultimately dismissed and even demonized. lauren: musk seems receptive to

the investigation of wikipedia. it's a great place to get a timeline and figure out what happened when. it is supposed to to be neutral and sankar says it stop being neutral a long time ago and like i said earlier when fully woke in 2020. stuart: thanks. still time to send your friday feedback, send it to varneyviewers@fox.com. keep it short and pithy. you've got time. in california, a female trans athlete set a new record for the girls triple jump. governor newsom says it is deeply unfair. there's a switch. that is "my take" at the top of the hour. donald trump looking to make good on one of his biggest campaign promises, shutting down the department of education. >> to see our scores go up, 70% of our students cannot read with proficiency. that's just incredibly

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you think those phone guys will ever figure out how to keep 5g home internet from slowing down during peak hours? their customers have to share a wireless signal with everyone in their area. oooh. you know, it's kinda like when you bring a really big cake for your birthday, and then there's only a little, tiny sliver left for the birthday girl. aw. well, wish her a happy birthday. happy birthday... -it's... ...to her. -no, it's me. have your cake and eat it, too. don't settle for t-mobile or verizon 5g home internet.

get super fast xfinity internet you don't have to share. forty's going to be my year. stuart: look at the market. now it is already, nasdaq is off 130 points, the change came in the last few minutes. in ten minutes, we will hear directly from the president in the oval office. he will make an address. elon musk and doge have their next targets, amtrak and the postal service. tell me more, please. >> reporter: elon musk is suggesting something that has been suggested for decades. america's rail system embarrassing compared to other countries. at a tech conference yesterday he added we should privatize

anything that can reasonably be privatize. he named the post office and amtrak as examples. in response, amtrak tells fox that business performance is strong and, quote, the train service we operate across the nationwide network as mandated by law is on track to reach operational profitability. for the first time in history, during this administration. deputy transportation secretary stephen bradbury spoke to the federal funding amtrak has received. >> there is so much money in the system, we really need to take a careful look and ensure that it is being used efficiently and effectively. there shouldn't be any wasteful spending, unnecessary bonuses that don't make sense. >> reporter: amtrak did achieve record ridership, losses are one. 8 billion, more than 9 billion since 2,020, the pandemic had an obvious impact, looking at postal service data, 9.5 billion in the red last

year, that total off from accounting, there is an accounting change in 2022 but major losses overall. howard lutnick floated the idea of combining usps with his department, donald trump appears to be gained. >> great business instinct is what we need, he will look at that and we think we can turn it around. >> reporter: amtrak and usps were established in 1970. changes would require congressional approval. stuart: thanks very much, donald trump could decide this week, to a lemonade the education department. linda mcmahon was on fox. listen to what she had to say. >> quality education through school choice to wall students and he wants to make sure education is back at the state level where it belongs. local school boards the

governors and teachers and parents are the ones that are involved. i want, and the president wants to innovate in classrooms, let teachers teach, do what they like to do, there is no 1-size-fits-all for education. stuart: we need an educational expert, erica donalds joins me in new york city. we will need legislation to abolish this department. it has got to be. do you think it will ever happen? >> reporter: a lot linda and her staff are working on in response to the school choice executive order, taking of a grant moneys that are headed to the department and pushing that to the states with more flexibility, to allow parent directed funding for a lot of programs with it comes to title i etc. . and flex. on how it was spent and al located.

stuart: they have to spend the money to the states, not just red states, the way you see education. >> blue state have to be accountable for how they are allocating those funds. we are seeing migration for school choice because places like florida, our family can get $9,000 per student for a private school. on the border in georgia why wouldn't they move a few miles south and get that money and allow kids -- we will see more of that as choice expands. stuart: if i live in florida, i have young children in public school, you can give your state, florida, $9000 per student per year to put them in private school. 13 states adopt universal school choice, texas is about to pass the largest school

choice program for $1 billion with donald trump's support and expanding school choice. now it is time to dismantle the department piece by piece. stuart: is it popular in florida? $9000? >> we had 900,000 participate this year, they are ready applied for the fall and only in march. i think it is incredibly popular. only reason it hasn't blown up more his parents don't know about it. not all parents know it is available. and we need more private schools to open and expanded, they have long waiting lists. we are seeing that equilibrium take place and free market forces come in as parents have that money to spend and we see more schools open up. early one a private school gets $9000, does the public school lose the $9,000? >> it is the same $9,000 for each student, the money that would have otherwise gone to the public school that is now following the student where their parent chooses.

stuart: still on education, the small business administration for student loans, it is a total mess. one in five student loan borrowers are 90 days past you, one in five. how would the small business administration fix that? >> i was intrigued by this idea. they see a loan portfolio that actually the structure could be applied to student loans to improve it. we want to see more private lenders come into this space and sba loans are backed by the government, allows more flexibility for private lenders to give better and more clickable terms what they are tied to some purpose, some performance. i like the idea, something that should be explored but we need the private sector involved in student loans, the government cannot be the only lender of student loans contributed to the inflation in college going

rates, got to fix it, the department of education is not placed to do it, could be treasury, could be sba. stuart: you've opened my eyes on schooling in florida. i did not know that. >> and 13 other states and growing. stuart: thank you for being with us. don't miss education secretary linda mcmahon today on kudlow on this network, fox business, right here at 4:00 pm eastern this afternoon. in just a couple minutes, donald trump is expected to speak from the oval office or, we will bring you his remarks live when they begin. the 11:00 hour is next. ♪ ♪

in the military with you. and when you get out of the military, you kind of lose that until you find a new family. we can talk about our struggles and the things that we did overseas and not everybody can do that. adam! how's it going, brother? we live pretty close to each other. so he's always coming over. when i go to jack's house, we watch a lot of football, hang out. we go outside the friendship has kind of grown into a family i was overseas on a deployment. i got separated from my marines and i got hit in the neck, and it broke my neck and paralyzed me. 14 years ago, i was on a training mission. did a military freefall, and i had some faulty equipment. i hit the ground. going, 30 to 40 knots and was instantly paralyzed. i met jack fanning when he invited us to park city, utah, through his foundation.

i was able to actually get on the mountain and ski with my family, i can't put into words what that meant. i got paid in the military to do crazy fun stuff. and after my accident, i'm still that same guy. and when i was able to jump out of a perfectly good, helicopter, at 10,000 feet, i did it. i was talking to some vets last week amazing how we have these houses where they can come over because they■re in chairs too. carpet and wheelchairs don't mix very well. tunnel to towers, they got rid of all that. they redid my whole bathroom. that's probably the favorite part of my house. i thought they were just going to do the upgrades. but the surprise to me was they paid off the entire mortgage. when they told me they're going to pay off my mortgage, i cried. please contribute $11 a month by visiting t2t.org now 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!

stuart: happy friday, everyone. i say this almost every day i'm on the air, sixth avenue, new york, almost lunchtime and it's deserted