♪ living in america ♪ living in america ♪ cannon house office building in the mood for that, the great james brown, living in america, sixth avenue, midtown manhattan on a chilly morning. good morning, every one. it is 10:00 eastern. i am ashley webster in for stuart varney, straight to your money, the markets negative out of the chute but things very modestly turned around, the dow, the s&p and the nasdaq very modest, 10 year treasury yield moving lower earlier, let's look where the 10 year treasury is, there is, the suspense is killing me, down 4. 3 basis points, 4. 20% on the 10 year. let's look at the price of oil ever so slightly higher but

well under $70, 6725 and bitcoin, where are we on bitcoin, ever so slightly lower, still 85,723 bitcoin. we just got the latest existing home sales read, up 4. 2% in february to a seasonally adjusted annual rate of 4. 26 million units, that's existing homes, the biggest portion of the housing market and finally positive news for the housing market helping the market overall as well, the dow, the s&p and the nasdaq higher. donald trump shared what he admires most about president biden. >> the only thing i admired about joe biden, he laid down in a cut barely able to get his feet through the sand, he laid down and within minutes he is sleeping at have cameras watching him, i could never do that, i would never be able to sleep like that, that's the only thing i think was

wonderful. he was a disaster, this man was a disaster. i don't sleep much, you don't sleep much, a lot of people that love what they are doing don't sleep much i find and so far it has been okay. cannon house office building that is true, margaret thatcher used to have many naps in a 24 hour period, she had a long sleep and did pretty well, ben domenech joins me now. great to see you. there is no doubt about it, stark contrast to trump's entity, never stops compared to what we saw under joe biden, right? ben:there's a contrast but we do understand the president is making light of it, you have to look at the last four years and understand for a significant chunk of that presidency joe biden wasn't just asleep on the job in a figurative sense, he was asleep on the job literally. he was someone who was not making decisions on a day-to-day basis, we have to avoid having the circumstance,

we can't afford to have a presidency that is occupied by someone who is not capable of performing the job and i think the american voters made their voices heard loud and clear in november on that point, one of the reasons donald trump is back in the white house. we can ill afford as a nation to have a commander-in-chief who doesn't know what is going on, as you've seen from mike johnson and others who have cold stories that are really disturbing, to someone like me because whether democrat or republican i want a president who is capable of being awake and aware of what is going on. brymac they lied about his mental capacity but that is all in the past. >> they lie about their lies, try to pretend, jake tapper has a book out that is basically that, one of the people defending the last moments. cannon house office building i want to get to this issue, pam bondi says activist judges are trying to control the federal government, listen to this.

>> they have filed to put it in perspective since donald trump has been in office 160 lawsuits. they've filed in the month of february, they have over 14 injunctions, more than biden's and higher term. these activist judges are trying to control our entire federal government, trying to control our money, epa, usaid, judge ruben trying to control the department of education, other judges trying to control our >> she has a point but the republican party needs a better answer than the one they are floating. getting to impeachment when it comes to these judges is not realistic given the makeup of the senate, i'm in favor of impeaching more judges, the

first impeachment under the american founding was a judge who simply was drunk on the job. think about high crimes and misdemeanors, not able to function. they need to start looking hard to eliminate some of these district courts, they are not in the constitution, they can be undone by congress. cannon house office building great stuff as always, good to see you today, donald trump hanging a copy of the declaration of independence in the oval office, what's he saying about it? cspan3 it has never been done before, he didn't need to tap nicolas cage to get it which is great. this was sanctions, the national archives deliver the declaration of independence at the president's request. >> this is the declaration of independence and they ask this be done, it's been in the wall

many decades. we have to do something like this, the light affects it. it's very cool. you think president biden would do this? i don't think so. could he think of it? do you think he knows what it is? cspan3 there's a lot of questions around the declaration of independence because the original is very faded. they say at this point it appears this is an original copy but an original copy of the declaration, the true original is almost completely faded. it can't be read because was exposed to so much sun, it is heavily protected at the national archives behind glass, pretty epic to have an original copy.

cannon house office building even though reveal -- very cool. cannon house office building donald trump will speak virtually. lauren seminary that lauren simo simonetti, this is the first time a president will address a crypto currency conference, what do we expect to hear from him, >> dirksen senate office building he's expect to do so, i'm told his tone is positive, into mainstream financial policy, stable coin legislation expected soon, market structure reform, operation choke .2. oh, many crypto currencies got the banked during the biden

years, the fdic released correspondence, urged not to do business with the crypto industry. what can be done about that? he has done and announced the strategic bitcoin reserve and crypto currency stockpiles that will be managed and centralized for crypto currencies. the executive director of council of advisors under digital assets said this administration is working full force and very fast. >> making sure the industry has a victim of lawfair and unfair practices, specifically under the biden regime, it is imperative the united states lead the charge in terms of

technological advancement and that is what we are ushering in. dirksen senate office building david sachs and the president of the united states want the usaid to lead the world in crypto currencies and that involves the traditional financial system. cannon house office building interesting to see what he says. we will be back with you for more. the markets, things have turned around the dow off of a quarter of one%, of 12:45%, the s&p and the nasdaq up half of 1% and charles payne is here. charles and i shared an office in the old days, you were a great officemaker. to the fed. they left the possibility of two rate cuts. i notice more members suggesting no rate cuts.

one in january for the a lot of conviction in those rate cuts? >> caller: bifurcated federal reserve, i really really loved jay powell's press conference, absolutely amazing, pushing back against the popular and narrative, he came out in the gate. the trait was just one of them. immigration policy, fiscal policy and lower taxes and those things but the inference was he did the hardest stuff first, stuff that businesses will love will come later, he set the stage with that, resurrect the word transitory knowing he was going to take harsh criticism ford and the financial media was soap instead him during the

conference and since then, a bloomberg reporter, one of the bloomberg op-eds that he took the bait, i don't think he took the bait, he said listen, whether he was right or wrong, he's telling the american public, whatever impact tariffs have would be short-lived so the market down $5.5 trillion. absolutely not. that's why bond yields went down and stock market went up. like today obsession is critical, this is what i wrote to my subscribers. i am disappointed -- it's the perfect backdrop to see if the real difference shows up, deep-pocketed folks salivating to own this market, key stocks like nvidia opened and moved higher, you may see a major shift here but jay powell, jay powell said yesterday what the media doesn't want anyone to know or hear that tariffs will not be the end of the world. if you saw the news stories on

this, potential harm to the economy, only the peak of covid, twice as much as 9/11. think about this, tariffs twice as deadly to the us economy is 9/11. they laid it on thick and soft data can become hard data, over and over, look at the hard data, existing home sales, and hard data. cannon house office building you really -- >> caller: that is -- >> caller: next to the swimming bull's where it is. thank you, appreciate it, great stuff and we will be watching you on making money at 2:00 eastern. there is a handsome man, looks all business. we are looking at some movers. let's begin with harvard. just received an upgrade with jpmorgan from neutral to overweight. we heard that from a lot of

analysts, cargo has significant opportunity, and look at nvidia, financial times advancing billions beyond us-made chips. that is a move to avoid those tariffs, stock up 1%. coming up, ice says police in aurora, colorado refused to help locate two illegal migrants who escaped a detention facility. they won't do anything, details of extending tax cuts, trump promised a lot on the campaign trail, can he deliver? we will get into that next. ive? no. i can do some research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management

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cannon house office building donald trump and republicans want to make the trump tax cuts permanent. moreno is following this as he always does. what a republicans plans to do this? >> they don't want to renew the tax cuts for a short period, that was a problem with the 2017 tax cuts, they would sunset later this year, that's why republicans want to make the tax cuts permanent, the term to listen for his budget reconciliation. >> the budget reconciliation package is absolutely the most important thing we can get done, attacks increased this fall, trump's tax cuts and right size this spending. >> republican's must use budget reconciliation process to avoid

a senate filibuster otherwise the plan is dead in the water, republicans aim to assemble a package to reduce taxes and spending in the coming weeks but no one is certain what winds up in the bill, donald trump promised no taxes on tips during the campaign. >> if you don't tax tips, that is a supply-side policy, the biggest most positive supply-side tax bill in american history. >> democrats are hammering the same messages they deployed against the gop for years. >> attacks got to the richest people in america, 80% to the top 1% and added a $2 trillion to the national debt. and paid for, $2 trillion to the national debt and they want to do it again double. >> after the funding the government last week republicans can focus on the

tax plan, here's the challenge for the gop, how they cut taxes and reduce spending while simultaneously cutting the deficit. cannon house office building thank you very much. carlos jimenez joins us from florida. when do you plan to get this tax cut extension past? what timetable do you have? >> the timetable we have that we heard from the speaker is sometime in may, early april we got a couple more numbers on the house side, on our side of the house to replace mike waltz and gaetz. we need to start working on it now and hopefully get this done by early may at the latest. cannon house office building what will be and it? one of the things you need to have in their? >> we need to have policies

that restore american energy dominance, restore or keep the trump tax cuts from his first term, if we don't do that we have the largest tax increase in american history, that's job number one. all the other issues that are important to the president and the american people, energy, trying to reduce prices, stirring the economy and those tax cuts, big part of what we need to do, border security and all those things need to be in the reconciliation package. cannon house office building florida governor ron desantis revealing how venezuelan americans in florida feel about deporting illegal migrants, listen to this. >> we have a very strong venezuelan american population in south florida and they have

been for many years during biden's open borders, they were the ones warning about the people of venezuela was sending were in prison, very problematic individuals. when we had the first flight to martha's vineyard most of those were venezuelans, people thought the venezuelan americans in florida would be upset, they were very happy with that, they knew what was going on. cannon house office building what about your issue? >> everybody wants them gone. any member of ricketts may be from venezuela but not all people from venezuela are with ricketts, we have good people in here in miami-dade county that are from venezuela, productive members of society, they are not members of gangs,

they want them out as much as we do. cannon house office building thank you for being here. in june 2021, in surfside, florida, collapse, causing the death of 98 people. now there's a black list for owners of properties like that. cspan3 this story is sad all the way around, some condo owners around the country are stuck, they cannot sell their properties because of our secret mortgage blacklist that is grown because of the collapse. fannie mae is keeping the blacklist and includes condo associations that include adequate property insurance or building repairs. being on this list, if not impossible for a potential buyer to get a mortgage -- according to marcus, this list was just a couple hundred units

before the surfside collapse. 4,000 properties on this blacklist. the spokesperson for fannie told the wall street journal the requirements help borrowers from unsafe or financially unstable projects but that obviously leaves owners in a tough spot. the state with the most condo projects blacklist it is florida. california in second place. back to florida even with this blacklist, florida homes continuing to soar in price because of how many people want to move to the sunshine state and because of that florida leaders are considering ditching property taxes on homes. the idea of killing property taxes is unlikely because they don't have an income tax, would have to dale - double the sales tax but it is gained traction because the cost of these homes have skyrocketed which you know. cannon house office building getting back to that condo situation, absolute mess, and

buyers who may want to purchase, it's a big story. still ahead, wild scenes unfolding in democrat town halls, this as congressional democrat approval has plummeted. we have that story, donald trump warning democrats backing tillis is not a great look. >> the stupidity of 90% negative, backing tillis is not a great issue. >> host: he will appear in court tomorrow. the full story next. ♪ pronamel clinical enamel strength can help us to keep our enamel for a lifetime. it's backed by science it is clinically proven to strengthen our teeth. i would recommend this toothpaste to everybody.

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betmgm. download and bet today. where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management cannon house office building decent homebuilding came in better-than-expected, not sure that added to the sentiment, dow up 200 points, s&p, same story on the nasdaq, looking at movers on the markets, let's begin with carvanable. they say the online used car dealer is uniquely insulated from donald trump's tariffs and that stock up more than 9%.

darden announced they plan to expand with uber's food delivery arm, both stocks up nicely this morning and finally beauty brand cody, not that familiar with it, another company benefiting from it, city goes to purchase on the stock, recently sold their haircare brand, analysts say this is not reflected on their bottom line, stock up 3.3%. now this. sources telling fox the trump administration and columbia university are close to a deal after $400 million in federal funding was frozen. alexis mcadams joins me. will columbia university comply with trump's demands. >> took a lot to get them to the table to negotiate it, we hear from sources they are getting closer. parents and students who feel

uncomfortable hope they will get a deal as the trump administration demanded they make major changes including banning masks on campus and pulling students who participated in illegal protests accountable. this comes after the trump administration launched an investigation into the university last month accusing school of inaction in the face of persistent harassment, the admin a station pulled $400 million in federal funding and contracts so they had to listen up, threatening to cut billions more. the investigation happening as ice arrested tillis, the clever university grad who led dozens of pro-palestinian protest, and 30-year-old taken into custody. and dozens of other schools, unnoticed to, face similar funding cuts.

is that at harvard university, pro-palestinian protesters stopping at ucla, occupying parts of the engineering building and hunger free gaza banners. columbia knows how serious the situation is and funding cuts, they say they will work with partners to do what is best for the university but people are surprised someone paid $1000, the trump administration had to tell them to take charge of their own compass. cannon house office building is real's special envoy for combating anti-semitism joins us now. thank you for being here. do you think columbia follows through because they took $400 million to take action. that's what it appears. >> columbia and all universities have policies they have ignored systematically over the last 17 months

policies that have not been implemented, why are they covering their faces whether it is student, administration, a systematic takeover of magnitude we can't imagine and it is not just $400 million that will be removed, frozen from columbia. we have to know there are billions of foreign funded dollars that poured into these universities, columbia, yale, and others. this is a manifestation of a systematic, relinquishing of the mission statement of universities, it is their role to teach people how to think, critically, or very dangerously, have they relinquished that responsibility for teaching people what to think which is what we have seen on campuses throughout the last 17 months.

ashley: donald trump's warning democrats backing anti-israeli protester mahmoud khalil is a bad look. >> the democrats lost big. we are going to back murderers, killers and people that hate our country, people that hate israel, people that are murderers. people that are horrible. we are going to back them. that might be 100% issue for us. they ever find an issue, backing mahmoud khalil is not a great issue. backing mahmoud khalil is better than backing hundreds of people that are serious criminals, probably a step better than that. ashley: why is mahmoud khalil getting support from the left? >> anti-semitism has one definition. the international holocaust remembrance alliance definition, that enables to

identify all of this strange of this ever mutating debate that has been around thousands of years. it's not just mahmoud khalil and speech. first of all, mahmoud khalil's actions are the reason a violation of the policies, not only columbia university but the immigration laws the united states of america as martha rubio clearly stipulated, had he written on his application he supports a designated tariff organization to bar other students to attend classes, buildings and the university, of injuring, sending them to the hospital. this is conduct, not speech, i can't understand how anyone who self defined as a democrat and supports free speech does not actually, this is not about free speech, never has it been about free >> it is not just about anti-semitism but the

anti-west, anti-american, intend to destroy humanity and society in which we live and that should be clear to everybody across the board without regard for political affiliation. ashley: that is very clear, thank you for being here. great to have you here in person. move on. coming up. orders are tom homan and aoc continue to trade barbs. listen to what homan's latest response was to aoc's criticism. >> if she don't like me i wear as a badge of honor, i'm doing the right thing. ashley: the full exchange and more varney right after this. known for creating memories. no one wants to be known for cancer, but a treatment can be.

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ashley: trump administration defend against plans despite polls that show tariffs are weighing on americans.

what is white house saying about it, grady trimble? >> reporter: scott bessent says the underlying economy is healthy. at her briefing, press secretary karoline leavitt boasted the manufacturing sector is roaring back and donald trump's economic advisor, kevin hassett, says their plan will bring down inflation? >> huge cuts in government spending, very much deflationary, lowering inflation, deregulation lowers the cost of everything which is lowering inflation and tariffs which won't change inflation if we on shore stuff. >> reporter: despite those reassurances, the american people are concerned about tariffs according to the latest fox news paul, 70% of registered voters fear they will make products they purchase more expensive. more than half say they will

hurt the economy, up a little bit from january at 50%. fed chair jerome powell says tariffs may delay progress on taming rising costs after the fed held rates steady yesterday. donald trump took to true social to argue the fed should be cutting rates to allow tariffs to ease their way into the economy. he calls april 2nd when those tariffs going to place, quote, liberation day in america. if you think a little pad polling will change his mind, think again. ashley: thank you very much. now we are going to run through some pop-culture headlines. let's begin with the doggy bag. diners stop taking food home. madison: so many are not in the clean plate club and we are wasting the food left over. restaurants in particular saying a lot of the people are leaving their food behind, the

average american leaves 53 pounds of food or $329 worth of food behind that restaurant every year. it seems this might be because of the social stigma about bringing the food with you. seinfeld agrees. >> you ask for the doggy bag in a restaurant there's a sense of failure, isn't it? people whisper it to the waiter. excuse me, i'm sorry, you're going to have to give me the doggy bag. i couldn't make it. that is america. a doggy bag means either you are out in a restaurant when you are not hungry or you have chosen the stupidest possible way to get dog food that there is. how about the doggy bag on a date, a good move for a guy, right? if you are a guy you ask for the doggy bag honor day, might as well have them wrap up your [bleep] madison: i don't care what he says, i am proud to go, i don't like any ways to.

ashley: doggy daycare bus going viral on tiktok. madison: the cutest thing you will say all day. you are welcome. one innovative dog lover out of wisconsin on an old school bus, you see it there, has transformed it into a doggy daycare transport band, she takes a cited pops out of the bus and gives them the love and play that they need. [dogs barking] >> go sit down. molly, go sit down, thank you. go. come on, lewis. come on. go sit down, find a spot. come on in. come, lindsay, good girl. boys and girls, got to find our spots.

good boy, macaroni. madison: she said molly which was my dog's name. you can tell the dogs love it because like how quickly they rush onto the bus, the owner begins every meeting, that's the dream job. ashley: dogs are better behaved on kids than a school bus. attorney general pam bondi says more arrests coming and the widespread tesla attacks. >> we've charged multiple people, get ready, more are coming, we will find you and if you are an organized group funding this we are going to find you too. ashley: outside groups funding these attacks? we are on that story, donald trump says he think the number of illegal migrants currently in america is much higher than the 12 million being reported. >> it is 20 one million people. i really do. it is 21 including got aways. nobody has any idea. ashley: 21 million?

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ashley: now this, the trump administration faces a noon deadline to provide details about the deportation flights

carrying alleged gang members to el salvador. alexandria half is at the white house. what the administration saying now about this? >> reporter: they are going to fight back in the overall case. the core question is can a president deported alleged criminal migrants without due process deeming them terrorists and utilizing an 18th-century provision to do so? that question is not going to be answered today. there are five questions the judge wants the doj to respond with the details additional information about flight times and information about the 261 individuals send out of the country this we can, the judge wrote yesterday the court seeks this information not as a micromanaged and unnecessary judicial fishing expedition but to determine if the government flaunted its orders issued march 15th and if so, what the consequences should be. the government argues no order was defied here because the two

flights containing alleged tren de aragua gang members were after the orders to help deportation allowing them to protect national security for any of the questions officials are unwilling to answer. but they must explain why. here's attorney general pam bondi. >> this judge has no right to ask those questions would you have one unelected federal judge trying to control foreign policies, trying to control the alien enemies act which they have no business presiding over. >> reporter: the white house belief as well as also feelings this judge is intentionally getting away of foreign policy issues. >> we will continue to use the full weight of the white house counsel's office and the president's team of lawyers to fight this in court because we know we will win even if we have to go all the way to the supreme court. >> reporter: the answers are due at noon today, a hearing will take place tomorrow. ashley: we will see what happens. thank you very much, the trump

administration is planning a militarized buffer zone along the southern border to hold migrants. cochise county arizona's sheriff mark banels, what do you think of a military buffer zone? is it needed? >> i would say yes. the last four years with the invasion in our country, the criminals, look at what we are doing with just the challenges with these terrorists that donald trump sent back to el salvador and look at the challenge, he didn't create the problem at but is trying to protect the homeland. putting that barrier at the border, another prevention in place and means he is serious to protect america. ashley: donald trump says the worst criminal migrants are the first to go. listen to this. >> to the american people tonight, only criminals who are going to be deported, only the worst of the worst.

>> the hardline terminals and we are finding them but obviously they are going first and we will go through the process. i think it's 21 million people, i really do, including so-called got aways. nobody has any idea. ashley: that will raise some eyebrows. could be 21 million? >> i agree with donald trump on this one. there were 2.2 million got aways under the biden administration. last year of president biden's administration they quit counting the got aways. we had no idea how many got aways. that is a nominal number. i guarantee you there's millions in this country we don't even know about and who they are is even more scary. ashley: i have to leave it there, running out of time. sheriff banels, thank you for taking time to talk with us. come back in, madison. tell us about the latest back and forth which is quite entertaining between aoc and tom homan.

madison: homan said if aoc doesn't like him, he's doing the right thing and she definitely doesn't like him or his interviews he does on our networks. take a listen. >> every time you see tom homan on fox news taking attention and focus and real dollars and resources away from actual drug enforcement, trafficking, actually going after and actually trying to investigate harmful activity that is happening. madison: homan says her disdain as a badge of honor and she hasn't paid attention to those interviews. if she thinks they aren't cracking down on harmful activity. >> i take pleasure in the fact that i live in her mind rent-free every day. we have arrested more criminal illegal aliens in six weeks than the biden administration did in a year. the border is sealed, 96%, when 96% less people coming across

the border, they are not -- how many piles of fentanyl, this administration, i am not running popularity contests. if she doesn't like me i wear that as a badge of honor and i'm doing the right thing. madison: fentanyl is a problem in our major cities so where's her outreach for the fentanyl killing people in her own -- ashley: madison, thank you very much. brian brenberg will be here on donald trump's push to dismantle the education department. retired 4-star general jack keane, on calling for a new nuclear deal very soon. senator marsha blackburn on the white house's claim that judges are trying to dictate policy. campus reform's emily sturridge on the rise of conservative women in media. the 11:00 hour of "varney and company" is next.

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