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tv   Varney Company  FOX Business  March 24, 2025 10:00am-11:00am EDT

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should ♪ ♪ be when i don't think we played fleetwood. >> for a long time, i like their music. we lost one of them couple weeks ago. >> good morning the eastern, the dow is up 500 points, 1.1%, the
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nasdaq at 330 points at 1.8% look at the dow 30 mostly in the green the yield on the ten year treasury that is moving up well above 4.2% not having much impact on stocks the price of oil well below $70 a barrel 68, 65, bitcoin $87000 in change, 87.7 that is a market, now this. it's like déjà vu the left grabbing for power happen with biden was elected in 2020 it's happening now as a leaderless democrat party flounders the left sees a political vacuum and tries to jump in, look at the crowded aoc and bernie sanders rally over the weekend there theme resistance to oligarchs that the thinly veiled attack on billionaires like elon musk they don't seem to realize that the
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democrats lost last november in part because they push divisive failing policies. biden led a left-wing to administration in the country was fed up with it why go back the left, they claim to be rebranding the party but they're not there dragging it back to failure. bernie sanders is 83 years old his life's work is socialism used to rail against millionaires and billionaires but then he became a millionaire so now his attacks are just billionaires. aoc is a logical successor pushing the same tired old socialism. time has changed with the election of donald trump he's pushing new policies to deal with debt spending, war, the border, fossil fuel the left is pushing tax the rich spend more money and restrict energy and protect criminal migrants rain in israel, appease iran support the feeling teachers union in a bubble he elon musk and hatred.
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at the moment for the democrats the left is the only game in town biden harris is not playing, hakeem jeffries seems lost in nancy pelosi cannot leave california governor newsom is trying to look moderate without changing his radical policies, all the democrats have is the angry voice of the left there tearing up their own pa party, second hour of varney just getting started. gerry baker with me this morning a wall street journal guy sitting to my right not politically but geographically to the right. as the left running away with the democrat party. >> i think you put it well in your take as you put it well there is a vacuum where the leadership of the democratic party used to be biden walked off the stage, he disappeared, kamala harris is essentially
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gone she disappeared there's no one there so nature posits a vacuum and scientists no what happens few of the people with the most energy the most diamond is him if you'd like especially in age with radical politics donald trump whether you like him or hate him he's a radical he's changed in the space of two months he's done more than most presidents have done in two years he's done an extraordinary amount not all popular but much popular when you have that radicalism give a response from the other side this happens when political parties fail catastrophic give the democrats did last year they go to the extreme they don't come back to the center is happened repeatedly over the years and you still would democrats in the 1980s when ronald reagan one their initial response was to move much further to the left. promising to raise taxes. i'm not surprised this is happening in energy all lies with the 83-year-old bernie
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sanders and whatever she is 34-year-old aoc is an interesting double act. >> senate minority leader chuck schumer rejects calls to step down. watch this. >> leader schumer are you feeling pressure to step down. are you making the statement state president biden did? be met absolutely not. >> i'm in a follow up on that with gerry baker is he sticking around too long like joe biden. >> the nizoral the way he handled the issue is extremely unpopular with the democratic colleagues i thought it was interesting bernie sanders was interviewed and asked whether or not he favored aoc challenging chuck schumer for the democratic party in the senate in new york and refused to answer that says everything when they don't support the leader, he is a senate leader the minority leader after all and leading
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figures are not willing to say the only should you not even be leader of the party but he should face a challenge for his own senate seat. he is in deep trouble and he knows it he's not an effective senate manager he did not do a good job when democrats control of the senate he did not get the legislation that some democrats wanted even with the majority he faces this challenges because of his competence but increasingly because as you said this party is becoming the vacuum in the leadership of the democratic party being filled by the left and chuck schumer does not wither. >> he does not live there. always a pleasure. see you soon, charlamagne tha god has a warning for democrats. what exactly is he saying. >> good morning, charlamagne tha god says the democrats parties branding is basically toxic and he puts it this way.
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>> if you're a democrat and then a tiger the worst thing you can do speak for that party that party's brand is in such disarray they have no ideology the people that are governing like josh appeared gretchen whitmer, westmore stay in your state and keep governing and doing the work distance yourself from all the [bleep] going on in d.c. distance herself from the party and speak for you. >> i think we get the message, charlamagne has praised what he calls donald trump's audacious approach to politics while condemning democrats for what they call more cautious rhetoric. i think we know what he thinks. >> he makes it clear that's for sure, quick check of the market on the monday morning here's what's happening to your money as we start the new week, looking good the dow up 470
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points, 1.1% the nasdaq is up 3151.7% plenty of green, jessica joining me, the homebuilder the largest homebuilder in the world a huge company they issued a warning of a weak housing market in the future. are we still a long way away from the real estate recovery? >> what is important owning a home is central to the american dream. what president trump is promising is the restoration of the american dream, lennar is the biggest homebuilder and they reported friday in due miller the co-ceo, he came out and be earnings and revenue but he came out because he has concerns about the future specifically as it relates to affordability. affordability has everything to do with interest rates in
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consumer debt, that was the focus. >> i'm looking at the screen the homebuilders are all up especially those that cater to upper income people toll brothers is the premium into the market dropped to and how% that section of the market is doing fine that section is doing fine. when you're dealing with supply issues one of the reasons why i focused on lennar to determine how much supply are they going to be adding to the channels. for the median income consumer they are greatly affected by supply the greater the supply the lower cost will be. stuart: should the fed lower interest rates to help the housing market? >> one thing i have to say when jerome powell said that the
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tariff and inflationary impact on tariffs was going to be transitory. every time he says the word transitory i get nervous. i don't necessarily think tariffs are going to be the reason. i think the fed is in a pickle they're going to have a hard time lowering interest rates with inflation the lingering. stuart: is not going to happen it probably won't happen. thank you very much, see you soon. ashley come back you looking at the movers and i see steel stocks moving. >> they are moving out as you can see each adding more than three important respect respectively after ubs on greater than one analyst points to the protection on u.s. steel and aluminum, as you can see up nicely take a look at lockheed martin this morning, bank of america and research both
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downgrading the stock, this comes after rival boeing was awarded the military contract to build the next gesture under generation of slider jets lockheed martin down what and how% finally take a look at fedex we see trucks flying around every day up after jeffries upgraded to buy from hold their ignoring cost-cutting efforts and they're also liking fedex potential to drive no pun intended earnings growth that stock is up 4%. stuart: thank you very much for standing and all of last week. i know we dragged you to new york for that. great to see you. >> my pleasure i wish i could've seen you but next time. >> next time promise. still ahead president trump receiving hero's welcome at the ncaa wrestling championship. >> usa. >> usa.
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>> usa. >> usa. >> how his love of sports is helping him with young men we will get into that more test expected at columbia university into the colleges agreeing to change his policies to get federal funding back will tell you the concessions the schoolmate. also the trust administration officials in saudi arabia set to continue peace talks with russian officials as a pusher and into the work in ukraine for bertram kt mcfarland is next. louis! okay everybody, that's lunch! (♪)
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the way i approach work post fatherhood, has really trying to understand the generation that we're building devices for. here in the comcast family, 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. judge boasberg will not drop the
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restraining order that stop the administration from sending more flights full of gang members to el salvador justice department lawyers will demand he be thrown off the case at the circuit court hearing today which is later this afternoon was 30 eastern, that continues check the market the rally continues the guy was a 500-point nasdaq at 331 plenty of grief, check pinterest, guggenheim upgraded the social media site they upgraded to apply for mutual that stock is up 4.6%, china wants to counteract the list of companies pledging new investments in the united states edward lawrence at the white house what exactly is china doing? >> there holding the development forum in beijing for the chinese vice premier is telling huge heads of the huge companies around the globe that the business environment in china will improve but in the u.s. is a business investment boom in
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the 63 days president trump has been in the oval office, the global companies announcing hundreds of billions of dollars in investment for the promise of a better business environment and raising those tears were talking $3 trillion including the hyundai investment being announced the president is proud of this, listen. >> are all coming here apple announced $500 billion looking to build plants they filter plants in china going to build them here and there starting immediately we have investment the likes of which this country has never seen already in and they want to have news conferences prevent another news conference with the governor of louisiana for hyundai to produce the steel in the u.s. as well as expand manufacturing and add 1500 jobs the democratic governor of maryland same president trump is the vessel of frustration for american. >> the impact of things like
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elon musk entry into him watching thousands of federal workers lose their jobs the impact of the tariffs in the trade worse make it more expensive for the farmers in the eastern shore or the restaurant owners in western maryland for the foreclosures or dockworkers losing work because of the high tariffs being put on our friends and allies. >> president trump arguing the tariffs is forget investment to the u.s. history trillion reasons as to what he says. >> yesterday u.s. officials held talks with ukraine and saudi arabia gather speaking with russian delegates special envoy steve wycoff clutch on ending the war but russia blasted the city of odessa with massive drone attacks it seems the russians are not letting up their attacks in ukraine what should we be doing. >> first of all i think the diplomacy that steve wycoff and secretary rubio and national
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security advisor are doing the right thing to do i work for henry kinzinger in the 1970s when he did the diplomacy between israel and the middle east countries its effective way to get the deal done because there's no time lost if you see one the next day you see the other, the whole time there is a guy on the into the phone, donald trump who is overseeing all the negotiations and he is the art of the, i'm unhappy that the russians seem to have violated the cease-fire potential agreement but i'm not worried in the long run they will go back and forth they will be slips and slides but at the end of the day i think president trump gets the cease-fire because it's in everybody's interest to do it. stuart: got it, special envoy wycoff, he claims hamas tricked him. watch this. >> i certainly hope we get everybody back to the table and get the hostages home i was in
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doha when i met with many of the arab leaders at the arab summit and i thought we had a deal in an acceptable deal and i even thought we had an approval from hamas maybe that is me getting duped. but i thought we were there and evidently we work. stuart: what is the next step to get the hostages back if they won't negotiate in good faith? >> if they get pretty clear donald trump will unleash israel to do whatever israel needs to do is a problem with thomas the ever playing the only car they have left in their hands. look how president trump is conducted himself in the first term and in the second term he's not afraid to do the tough thing. for example in syria in his first term president trump told the syrian president don't use chemical weapons against her own people, he did so president
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trump went in and a surgical strike and destroyed the airfields, what happened not only did it destroy the airfields but a massive deterrent effect you did not hear from a president asad from the entire trump term russia did not invade anybody during trump's term the middle east had peace negotiations, iran did not unleash the proxy forces against israel and trump got a really good deal with china. why is it effective to do something significant like this like slap down the bad guy in the beginning of the term because everybody else all the other adversaries look at that and say a new sheriff in town we don't think we'll get away with it. on the other hand president trump does not take decisive action all the bad guys say this will be like biden will walk on him i expect to see significant response from israel and from the united states against hamas. stuart: thank you as always, always good we will see later. thank you.
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ashley it is your job to bring us up to speed on second lady usha vance and her trip to greenland. >> the second lady will fly to greenland on thursday for a three day trip and she's going to take one of her sons along for the visit the white house says usha vance will visit historical sites, learn about greenland heritage and attend the sled dog race, u.s. officials joining her on the trip include national security advisor mike wells and energy secretary chris wright both walz and right would tour a military base in greenland, of course it comes after donald trump has repeatedly expressed the desire to take over greenland saying it's needed for national security and even international security but as we know greenland is owned by the kingdom of denmark whose prime minister has been pretty emphatic that it's not for sale.
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stuart: thank you coming up fbi director kash patel wants to get rid of corruption within the fbi. >> somewhat in this building or mission that is doing harm to the american public the american public will hear about it. stuart: we will tell you what else he's changing. our next guest getting a lot of attention online after she labeled herself as a maga leftist. >> i was never republican or conservative i was a leftist and i'm still a leftist and just a maga leftist he took a republican party built social conservatism and worse free trade he took and asked all of those. >> she is going to join us with a full explanation of a leftist maga person. will be back. ♪
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stuart: just about one hour's worth of business in the market so far in the rally is being maintained so to speak, the dow is up 500, nasdaq at 353 a nice percentage gain all around. ashley tell me about nvidia is moving today.
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>> it is take a look at that up to an a to present with the other chipmakers a nice review they're all in the green and likely thanks to the wall street journal report the administration will narrow the april 2 tariff announcement. were not sure how but probably good news for the chipmaker in their moving higher look at micro devices advanced micro device up 5%, bank of america calling generac a by setting $182 price target right now 136, bla says they've yet to penetrate their available market, a lot of room for the upside that means i have a bigger opportunity for growth in the stock up 4%. before the lights go out get a generator. >> i did already. thank you very much. next case bill maher he is bracing for backlash he's expecting to get backlash because of the upcoming meeting with trump.
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>> kid rock was here couple weeks ago and he said i want you to meet trump he said i'm going to take you to the white house so now were going to do that. there will be a lot of people on the left that will say how dare you talk to this man. i'm not playing this game that you mean girls play. you can't sit at my lunch table because i'm not talking to you, not talking to you, you lost the election you think you have to talk to. it's one thing if you win but it's another thing if you lose. welcome back to the show. what do you think of any backlash that bill maher gets because his meeting with the president. >> it seems like the democrats are addicted to losing, don't you feel that way he's absolutely right they lost and lost big time new polling found at every registered america had
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turned out to vote this year end the 2024 election president trump would've won by five points rather than the 1.7 points that he won by he capture the vast moderate american middle and the democrats are floundering because he lifted the best aspect of their agenda when they represented the working class. now he represents a working class he speaking to the economic and social and cultural means. stuart: you were on bill maher's show and you call yourself a maga leftist, and 30 seconds can you swing what is a maga leftist. >> is a person that realizes this is a unity president running a unity government on a unity platform on issues that are appealing to the vast majority of americans were middle-class and working-class he is socially moderate is not socially conservative. he supports protectionist economic policies that protect the labor of the working class and he's anti-war these are
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things that are in my value in the president's values and the values of most americans. stuart: i need your, columbia came and froze $400 billion in federal funding because of campus anti-semitism columbia will be on masks, and power 36 campus police officers to arrest students and appoint a new middle east department official to review curriculum are you satisfied with that. >> i think is a great beginning it's amazing to see a president who takes the stuff seriously i have to say on mahmoud khalil who ice picked up this is a free speech issue the left is claiming but is not a free-speech issue i thought it was at first but the more i looked into it this is an immigration issue in a person who lied on the visa application and he left out that he worked for unrwa which is controlled by hamas and he left out that he
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supports hamas in the organization he represented supports october 7. he revealed those on the visa application we never would've let him have a green card there are billions of people who don't support hamas that would love a green card why don't we give it to one of them is one 100% about immigration it's not about free speech at all. >> columbia's going in the right direction. >> i think so. >> i was a pleasure fbi director kash patel joined fox news for the interview since being confirmed what did he have to say. >> he wants to get more agents on the street to fight crime is a good thing. he also says the bureau is vigorously removing employees who he says abuse or corrupt or violate the oath of office. listen to this. >> we had problems at the fbi we will hold ourselves internally accountable for those meeting out justice weary address that by eliminating those people from the roles of the fbi if there someone in this building or
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mission doing harm to the american public than the american public will hear about it through congress or to prosecution there is no corner on this earth we will not chase down a violent criminal and no sector of the public we will not root out corruption and make sure the american people know what has happened because that's what they deserve. >> by the way kash patel socio- zero-tolerance for anyone who tries to use the fbi badge to harm the country, nothing wrong with a man of action. >> i'll take it. tiktok users seemingly obsessed, literally obsessed with adhd symptoms. watch. >> signs of adhd are getting bored easily being forgetful and losing item. >> the feeling that everyone hate you. doctor marc siegel will join us until separate fact from fiction. he is next.
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floor. stuart: positive news on tariffs more targeted than we expected that help in the market were rallying strongly the dell at five and appoint pope francis at the vatican he made the first public appearance in five weeks since he was in the hospital with double pneumonia 3000 people gathered outside of the hospital room balcony offered a blessing in order to begin and you must avoid big groups or intense exertion, now this health and humanist secretary rfk junior taken the first steps in food safety reform alexandria hoff join us what exactly it was rfk junior doing. >> radical transparency, he said he promised to rid the food of artificial dyes and advising manufacturers to get to work on eliminating them for production
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any also seeks to let the public make their own decisions through informed information coming at them the fda release the chemical contaminants transparency tool this allows users to search foods and levels of chemicals such as pesticides that the fda deemed safe for consumption this is from the acting commissioner from the fda ideally no contaminants in a food supply but chemical contaminants may occur with growing storage or processing environment there's a fair amount of user responsibly required in the database to rice cereal in organic arsenic listed at 100 parts per billion that might be pre-alarming but is not telling you how much arsenic is in baby rice cereal only that the fda recommends and contains no more than that secretary kennedy has announced operation stork speed to improve the safety and quality of infant formula through testing through heavy metals and other contaminants.
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>> were not saying there is dangerous levels of heavy metals and formula these are very complex formulations and there is some indication in r consumes report this is high levels although none of them violate the current safety gun. >> what is talking about is a "consumer reports" study that found concerning levels of lead in arsenic about half of the baby formula brands that it tested several companies have responded to the challenging studies methodology. >> thank you so much, doctor marc siegel joining the no, rfk junior has begun the process of eliminating fda program called grass generally recognized as safe as it applies to food additives, can you explain this. >> by the way don't you love the word generally whose generally whose recognizing this as safe
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you and i are not fans of regulation but let me point out what a loophole he is attacking first i'm all for attacking that because generally recognized as safe means the food industry gets to say that they don't have to be overlooked on that. look at this 99% of the time they are reassuring the fda that the food is safe doesn't have any strange ingredients as they just said and it doesn't give you amounts in only ten times over the past decade have actually come up with a direct information on it on a particular food item that's not any regulation at all that's not guaranteeing our food is safe. >> next one counterfeit weight loss drugs being sold through social media or unregistered online pharmacies how do you know what is real or what is fake when it comes to we go see and all the rest of them. >> you can look at it closely and look for a phony label and slightly off color but here's my real recommendation my
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prescription for the day get it through a real doctor who actually has some expertise in the area don't go online or telemedicine you don't know who you're talking to because you've decided is the right medicine for you, go to somebody that can give you the risk benefits and go through it we've been through that before we want actual doctors involved in their going to get you actual medication. >> it's cheaper to go online and get this. if you don't have insurance to cover weight loss drugs you pay much less if you go online. >> here right as always, that's the part that has to be fixed insurance should be covering this. we want medicines that keep you healthy rather than waiting until you don't take something or you don't lose weight and you end up with ten other medical problems that we have to treat it's way more expensive for the healthcare system obviously and for exercise and diet change but for those that are really obese this is a good medication we need insurance to cover.
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stuart: i have to tell you i have a c in my bonnet tiktok flooded with advice for adhd the problem many of the symptoms are being oversupplied leading many to believe they have adhd. watch this. >> signs of adhd you get bored easily easily distracted at h home. >> being forgetful and losing items, binge eating emotional dysregulation, nervous energy select the feeling that everyone hate you. >> wait a second just because you have those symptoms does not mean you have adhd right? >> that's number one, number two it doesn't mean there's a medical professional behind the tiktok video, listen to this # adhd on tiktok half a billion views from the hundred top videos half a billion close to the time is inaccurate and no medical professional and most of the time it leads people to have
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it that don't like you said and here's the biggest irony of all when on social media may cause you to have adhd but going to those videos is not whether you have it or not all told it is a loss. stuart: doctor siegel always on point. we will see you soon. >> great to see you. a warning to users of 23&me after the dna testing company filed for bankruptcy. what is the warning. >> california attorney general rob balter but it could be a nationwide or worldwide news warning customers of 23&me that they should consider purging their genetic data from the company's database over and have basically where it may end up just before he goes bankrupt which it appears to be, he says given 23&me reported financial distress i remind california to
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consider invoking the right and directing 23&me to delete the data and destroy any samples of material held by the company but the company has stressed is committed to the customers privacy and added time 20. he was a runaway success it was valued at $6 billion in recently as 2020. the analyst said the problem and tried to expand to fast drug research and pharmaceutical partnerships in the bottom drops out the share price created and now the company is in danger of collapsing. if you want get a hold of it and have your genetic material out of the database. still ahead los angeles just announced a $1 billion budget deficit there are several reasons for this all are a result of democrat policies, that's my take top of the hours the new snow white had a sleepy opening weekend does it have anything to do with the main actors woke, talk to joe concha.
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>> this is coming at us president trump set untrue social you will put a secondary tear from venezuela. any country that buys oil and gas from venezuela will pay a 25% tariff to the united states that takes effect april 2, the price of oil $69 a barrel. over the week and president trump attended the ncaa men's wrestling championship he was met with thunderous applause, watch this. >> the president of the united states donald trump in attendance at the wells fargo center.
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>> now look at this voter analysis of the 2024 election sjostrom gained eight percentage points among young men's the democrats lost seven, joe concha joining me what do you think appeal so much to young man. >> thing about where the president has gone since taking office two months ago he was the first u.s. president to ever attend a super bowl 126000000 viewers many young gets a rousing ovation at taylor swift gets booed not long after that they did to enter daytona 500 another huge audience among young men that went another new cycle he attends the ufc another sport huge with male voters now the first president to ever attend ncaa wrestling championship in the clip that went viral for the president philadelphia white the blue city was after one wrestling champion he pulls an upset and seleucid
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commander-in-chief afterwards that's been all over the internet over the weekend these are 2-foot putts that more politicians should be embracing and trump is reaching the young male voters in a way that you can't when you want cbs news or msnbc he's a man of the people despite being a billionaire and you can't script that. >> disney's live action of snow white what a lackluster opening weekend the critics say that rachel ziegler may have had an effect. >> the original cartoon came out in 1937 and evidently so. there's a big focus on her love story with a guy who literally stocks are. weird super weird so we didn't do that this time. a different approach to what i'm sure people will assume is a love story because we cast the guy in the movie it's not about the love story at all which is
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wonderful and whether she finds love is anybody's guess until 2024 all of the scenes could get cut, who knows his hollywood. it's one of those things hidden inner journey that she goes on to my future self. stuart: it's ridiculous but she also slammed trump after the election and pro-palestinian actually pro-hamas comments, that's why this movie was a flop wasn't it? >> it's a problem when your lead actress looks and sounds like aoc that could lead to alienating half the country who is predisposition not to see the movie we take a classic script drawing a blender make it in a way that's appealing to no one that's why the movie only made $45 million this weekend and you say 45 million that's pretty good the inside out two another movies last year made 160 million. this movie is projected to not do well at all and now because
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of word-of-mouth those receipts will only go down in a hurry it's all due to rachel ziegler and the fact that she says pro-hamas while gal good though surgeon is really military that's a problem for onset military. >> in busy clash over bernie sanders fighting oligarchy tour. watch. >> oligarchy mrs. middle america because again democrats in my view being tone deaf from what the american people are saying folks at the local pub are not using the term oligarchy. >> i'm sorry there in middle america they lost the tour in omaha and in denver. >> it doesn't matter where you launch it it's what do you say when you launch it using terms and phraseology that's not directly connecting people and that becomes a concern in the process. >> what you make of the fighting
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oligarchy tour. >> i think it's a silly argument from symone sanders is a spokesperson for, here's omaha's aberration went for joe biden 2020, harrison 2024 then they went to denver the state of colorado has not voted for republican for president in the last five presidential elections overall using words like oligarchy is not something at the local pub into ineffective bubble word among democrats and unhinged liberals think msnbc in the view are compelling content speak like people you might sound authentic use the word oligarchy it doesn't resume in a bar, it doesn't make it. you're alright see you soon still ahead steve forbes on bernie sanders saint democrats did nothing for working people when they had control of the senate general jack keane on russia and ukraine holding u.s. mediated talk in saudi arabia,
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