"varney" & company has it now. stu take it away. stuart: we do indeed. good morning, maria, good morning, everyone. on a monday we like to start with money because you want to see what the new week brings so okay here we go. let's start with the stock market, dow industrials up a little, nasdaq up a little, s&p up about 6 points. look a bipartisan group in congress has what it calls a frame work to avoid default on the debt. the president and the speaker will meet tomorrow to talk debt. some investors think all these developments are a positive. that's why you've got a little bit of glean left-hand side of the screen. interest rates i'll start with the 10 year treasury still below 3.5% 3.48 to be precise, the two year yield is going down it's just below 4%, but i'm interested in this. the one month treasury. way above a 5% yield, 5.52 to be precise. that's why money funds are paying so much you get 5.25% or abby: r 5% on a missouri bill. bitcoin back to 27,000 bucks per coin. oil not much action looking at $ 70 per barrel and gas, very little changed. re

>> hi, varney, great to have you on here, and here in palm beach, you know, varney, everybody wants toy can't true love be a home? this one, $218 million, 11 bedrooms, 22 bathrooms, 360-degree views, resort-style living. it's the only island many palm beach. you have it all. and guess what? your guests are never going to want to leave because you have a guest house that's separate from the main structure. the design is sleek, sophisticated, and it allows the inner beauty of this home to really shine through. palm beach continues to be on fire, everybody continues to migrate here because of the weather, because of the taxes and these last few months were actually record numbers for palm beach since the pandemic because there's very low inventory in the ultra-luxury market. so what do you think, varney? [laughter] stuart: i think i like it. i'm not going to say i don't like it. it's a little bit large for me, you know, but that's the way it is. how long has it been on the market, katrina ma? can you tell me that? >> so that's a great question. it's actually just finished, literally, it's

yes indeed i'm ashley webster in today for stuary varney. it is not a good start to the week for president biden, however. a new set of polls shows dismal numbers as he kicks off his re-election campaign. only 36% of people approve of biden's performance. 63% of adults do not think mr. biden has the mental sharpness it takes to serve as president. of course, we will get into all of that over the next three hours. we are now three days away from title 42 being lifted, just as the border crisis is at a breaking point. border patrol made 55,000 apprehensions last week alone. what a mess. let's take a look at the markets generally positive. the dow and s&p moving higher, modestly so. the nasdaq slightly down, as treasury rates or those bond rates are moving slightly higher take a look at bitcoin, falling below $28,000 this morning. reports of congestion and the bitcoin network over the weekend, not a major move down but as you can see , under 28,000. the biden white house meantime is taking aim at your ovens we know that. air conditioners now th

varney & co. is about to begin. ♪ ♪ stuart: oh wake me up. is that a reference? mr.mp last night that's for sure we want good one. [laughter] stuart: just hours on title 42 expiring. you're going to see extraordinary scenes throughout the show today. number of illegal migrants crossing the border is expected to swell to around 13000 a day. jason is joining me now. we are looking at towns and cities around the country bracing for this wave. some rejecting arrivals. chaos at the border about to come directed to also? >> i would argue chaos has been there for some time for the exponentially going to get bigger and doesn't have to be this way. what's infuriating is it's a policy decision, a clear choice by joe biden kamala harris to invite these people to come, don't expel them, go through regular order, it doesn't have to be the get this is child for human trafficking, trafficking, all kinds of drugs at the border, we don't know who these people are in the flow into the country, welcome to america and we are all going to pay for it. stuart: it's cool. i don't mean to ge

"varney" & company up next. stu, big news day. stuart: you could say that. good morning, cheryl. good morning, everyone. they want to stabilize the banking system. put some confidence back in the world of money. the regulators have seized first republic and sold it to jpmorgan chase. looks like jpmorgan chase got a good deal. that stock is up significantly. you're looking at better than 4% gain. jpmorgan was already the biggest bank in the country. it just got bigger. it now has an estimated 10% of all deposits. has this seizure restored confidence? too early to tell, but there's no heavy selling on the stock market this morning. look at this the dow industrials actually up a couple points, nasdaq down all of 18. no heavy selling as the result of this bank activity. no big moves in interest rates either. now there's an 86% chance that the fed moves rates up a quarter point at this month's meeting that's what the market is telling us. the 10-year yield actually going up a little 3.46. the two-year yield coming in right now above 4%. i've got it now at 4.10%. on the show today, don

stuart: you'll love it. >> stuart varney wakeup call. stuart: lots of people get it. poured eight figures into his campaign and his wealth can help him compete. we're on it. embracing for chaos as title 42 is lifted next week and there's a backlog of 2 million immigration cases and some judges coming out of retirement to help with the influx of new cases. that's next. ♪ pods biggest sale of the year is now extended! save up to 30% on moving and storage until may 9. and see why pods has been trusted with... over 6 million moves nationwide. save up to 30% now until may 9. visit pods.com today! the new dexcom g7 sends your glucose numbers to your phone and watch, so you can always see where you're heading withtht fingngsticksks dexcxc g7. so easy to use, you can manage your diabetes with confidence. (water splashing) hey, dad... hum... what's the ocean like? ♪ are there animals living underwater? ♪ is the ocean warm? yeah, it can be very warm. ♪ you were made to remember some days forever. we were made to help you find the best way there. ♪ stuart: question know that viv

varney and company about to begin. ♪ >> there is. the black keys.e are -- the screen is so far away. wednesday morning with the latest on the debt ceiling, cleared the rules committee lesley now heads for full houseboat tonight the deal is facing opposition from some publicans, so far 32 house republicans said they will vote against this bill and subject democrat aoc. good morning brian brenberg. overwhelming majority of republicans will vote yes, practically all democrats say they will vote yes so can this small group kill the deal? >> if all vote yes and most americans vote yes, it sounds like it will get through but i understand why many republicans are upset with the bill. look at federal spending from 2019, it's got 40% then, $2 trillion. we got nothing in this deal to deal with that does not a big win on the spending front. if that's what you are looking to fix, it didn't get fixed. there is reason, republicans only control the house and just narrowly. they don't have the senate or presidency, elections matter when you've got that slim of leve

third hour of varney starts right now. stuart: steve hilton with me this morning.teve, who decides if feinstein or fetterman are fit to serve? >> of course it should be the voters. it's been kept hidden from them. you saw in the case of fetterman that because of early voting, half the voters couldn't really see the condition he was in, which was really revealed in that debate. before they'd cost their votes and in the case of feinstein, there was a lot of argument she was too old to run for a second term baa of her age and conditions of seeing stories about that and yet the democratic machine sprang into action and pushed her through. i think we've got to say that in both of these cases, we've got to make sure our humanity is there and these people are not well, clearly not well and particularly in the case of diane feinstein who whatever you think of her politics is a legend in life of california and life of san francisco particularly. she really saved san francisco after a very turbulent period in the 70s. she's an amazing figure and to have her reputation recked

third hour of varney just getting started. ♪ stuart: will cain joins me now.he border crisis moves in lamb. ask and it's going to get worse, that's my opinion, what say you? >> no reason to get better, stuart. no disincentive. no sentiment among those living in central or south america if you come you'll be turned away. no logical reason or downturn in the united states of america that would pale in comparison to the economies from those origination destinations would be a disincentive and we've created a magnet and magnet has a pull. all you can do is really do your best to shut down the magnet and, you know, that's probably going to be a situation we have to see localities and states pick up the burden. regardless of its constitutional ability, just do it because you've got a problem. the federal government will not stop. somebody has to step up, stuart, and lead. stuart: yeah, step up and say no mass, no m. here's one for you. look at headline in the new york times. it says the republicans report on the biden family found no evidence of wrong doing by the p

more "varney" after this. . .n pennsylvania. i got it right. time's upfor me. "coast to coast" starts now.

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i'm in the empathy league up with stuart varney. stuart: you're great.ntastic. doc siegel. that is a vote of confidence. thank you very much. see you soon. >> thank you, stuart. stuart: lauren is back, related story. what is it about a new covid strain causing pinkeye? lauren: it is called actoris, it might cause pinkeye but it is also baddergy season. why are my eyes itchy? maybe it is covid? the los angeles public health department don't dismiss signs of traditional allergies asalergies it could be covid. watch out. cdc will stop tracking communities, but track hospitalization numbers instead. why on this one? public health emergency ends. they are not getting as much information. stuart: here is what is on tap. miranda devine on biden not recognizing his four-year-old granddaughter. michael petrunk, post brothers, turning office space into residential units. 11:00 hour of "varney & company" is next. ♪ ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can

third hour of "varney" starts right now.ou heard him laugh. >> [laughter] stuart: you just heard him laugh the naacp president says democrats must get rid of desantis. once and for all. jimmy, hold on a second listen to this. roll it. >> we understand that many are going to be held in florida so we are advising our members and others that if you go, be cautious of how you operate in this state and if you have another choice to hold your convention, consider a place outside of florida, but also, let's if you have to go there, let's support the local community as we prepare to change the political landscape. we didn't end here overnight. it was because of the election so we have to prepare for the next election so we can get rid of him once and for all. stuart: get rid of him? by the way the chair of the naacp lives in tampa. >> of course he does. by the way i just got back from tampa. i was down there doing standup. you're the first three sober people i've seen in a week and a half so bear with me here i'm a little slow. you

"varney" & company is over. "coast to coast" starts now.o meet again with kevin mccarthy and other key congressional leaders on the debt ceiling. not happening. but we're told behind the scenes things are happening. we just do

"varney" & company picks it up now. stu, take it away. stuart: good morning, maria, good morning, everyone. the invasion has begun. we're nine hours into the post- title 42 era and the migrants are pouring in. these developments a judge rules they can't come in if they don't have a court date. chaos. the ones already here are being bussed all over the country and there's resistance to that. more chaos. we have is on the border. you will see all of it unfold throughout the show. now, no statement on the border from the president or vice president is scheduled for today tomorrow, the president heads to his beach house. kamala harris heads to atlanta for , among other things, a fundraiser. to the markets. we have a modest rally i don't believe there's any connection between the border and the market. what we've got this modest rally dow is up 100, nasdaq is up about 18. interest rates likely lower helping big tech and the nasdaq. we have the 10-year well below 3.5% at 3.40 right now. the two-year well-below 4% actually at 3.92% but i'm going

is that stuary varney in that disguise? i'm not so sure.e to ask when he gets back tomorrow. all right, lauren, thank you very much. now this. one company wants to pay you to binge watch "fast and furious." roll it. >> this takes crazy to a whole other level. >> what's the plan? ashley: we're going to tell you how much they are paying just to watch and how you can apply. get ready. first it was the biden administration could be coming after your dishwasher and it might be wasting too much water apparently. steve moore has a lot to say about that, and he's next. ♪ has this happened to you? at&t and verizon rope you in with phone offers, then bind you to a 3-year device contract. break free with t-mobile! introducing go5g plus, the first plan that always gives new and existing customers the same great device deals, and you're upgrade ready a year earlier. right now, bring your phone to t-mobile and get one of the latest 5g smart phones free! hello? yes, i'm free. and so are you... no, i'm not tied up at all. surely this is too many rope jokes

and company host stuart varney, also host of "american built" on tonight. >> stuart: great interview us. >> brian: what do you have for us. >> stuart: you are going to attack i know you are. >> brian: said it will get solved over the weekend no one stepped up to buy it. the fec bought it and sold it, correct? >> stuart: immediately to jp morgan chase. >> brian: why is that the scenario that's best? >> stuart: got to get control of the banking panic. we have had three bank failures. >> this is the third. you have got this worry that it's going to expand out to the entire banking system and look like 2007 and 2008 full banking crisis. stop the rot. they do that by rescuing these banks as they go along. is this the last bank to be rescued? i simply don't know. i can't answer that question. with you they are trying to stop the rot. and so far it is working. because, the stock price of these regional banks been greatly under pressure, that's stabilized this morning. slightly lower but basically stable. your money is safe. if you have got a deposit at first republic it is safe up to 250,00

varney and co. against next. >> good morning, everyone. politics and money, big be a con with elon musk. it did not go as planned. the start was delayed, frequent technical glitches. desantis transferred to opec. he got his message out what interviewed on fox. a vague response from his opponent, donald trump congratulated wrong to sanctimonious for getting into the race. he said he would have to get used to attacks from misfits and low life. lauren is eager to help us and tell us what happened exactly what he had to say. big money story, nvidia, the chipmaker says it all. it blew the lid off dictations and forecasts walk lester future for chip sales. stock took off the market around $395 a share, that's a an astonishing 29% near $200 billion gain in value, the biggest one-day gain for any company ever. look what that did to the nasdaq, nvidia pulling the other ai stocks higher, s&p up nicely up, nearly 1%. the dow is down but look at nasdaq 2.3% higher, 300 points. how about that. interest rates are up and fitch rating agency put america o

monday may 22, 2023, varney & co. is about to begin. ♪ ♪ stuart: is running down the drain?running. [laughter] stuart: looks like tom petty, one of my favorites. monday and midterm, look at that. a huge beer truck stuck and no traffic. 2024 presidential race is heating up. a shakeup coming this week. lawrence -- lawrence is back. >> tenant tim scott will officially launch his bid for the white house today in his hometown in north charleston, south carolina and then will huddle with his donors, he wants more money, he heads to iowa and new hampshire. he has the endorsement of south dakota, senate minority, number two for the gop and senate, john thune as well as senator microns, both endorsing tim scott. ron desantis is expected to officially enter this week, considered the leading contender to donald trump. how does donald trump continue to attack ron desantis? how does he start to attack tim scott? trump positioning himself as the only candidate who can prevent world war iii. he posted -- he responds to everything because he was posting on president biden agreed to help tra

wasn't expecting that but varney & co. is about to begin. ♪ ♪ stuart: not of the music but six avenue in new york city, it's quite busy. wednesday, middle of the week, occasionally people come in. we've got to get right to this because it's a big deal. the ceo, for big tech companies will be of the white house tomorrow and they were invited to talk on official intelligence. i know this is a big deal, it's all about ai but why is vice president harris chairing the meeting? >> to prop her up a little bit, part of the makeover so she has an elevated stature in the administration, maybe to deflect about what's going on at the border which she's also in charge of so she will meet with heads of microsoft, google, ai and in topic, that's tomorrow. all of those companies have a chat box and they will discuss ways to develop them respo responsibly. this is not a galatian or at least it doesn't seem to be. the government is talking to private companies about ethical innovation and safety before public deployment. technology that sca

varney and co. dow. stuart: good morning. seems like a i is taking over. alarm bells ringing and getting danger warnings. the man considered to be the godfather of a i has left his job at google as a leader in their ai of her. he says it's hard to prevent bad actors from using a i for bad things. big deal. my opinion? don't pause ai development because you don't know what the bad guys are up to in secret. ai is a race. our guys should win. stocks floor this morning. order points they did. dow down 90. nasdaq done about a points. this could be the start of the day, a huge jump in revenue over the last 12 months and the stock is up 8.98% as we speak. interest rates are higher, janet yellen says treasury runs out of money earlier than thought, maybe trying to influence debt ceiling negotiations. ten year treasury yield of 3.54%. two year treasury from the above 4%, 14 as we speak. going, not that much movement although we are down 127. bitcoin at 287. hunter biden in court trying to cut child support payments to his daughter. he says he can't afford it. the j

varney & co. is about to begin. ♪ ♪ stuart: net maybe that's a reference to meet after a long lovely three day weekend in florida. i'm back and as the beetle singing. i did say earlier we are going to hear a lot from john. during the show today so we are going to start with her. take us through what happened with the brief pressing yesterday between k jp and jacqui heinrich. >> many feel the president is out of touch with the issues that concern them but korean jean-pierre rather in my opinion condescendingly told jacqui heinrich americans the care about occasioning. >> is the president really focus on today's biggest issues with everyone here asking about title 42, the debt ceiling, mass shooting over the weekend and we didn't hear the president talk about any of those things. >> everyday families are thinking about memorial day weekend. they are. >> there's no disconnect. it's clear the president can do multiple things at the same t time. >> he negotiate on the debt ceiling this afternoon? any n

varney & co. picks it up from here. stuart: good morning, everyone. the fbi went after donald trump, they gave hillary clinton a pass. the fbi along with the government bureaucrats and media hated trump and did their best to stop his election in 2016 and when that failed, they tried to wreck his presidency. this is all spelled out in the germ report. we got details. trump says the american public has been the victim of this long-running treasonous charade started by the democrats did matter what the media says this morning, this is political dynamite. my opinion? this is what happens when the media and government are taken over by blind hatred of donald trump. no impact on the markets, more concern over the debt ceiling debate than politics. retail says april went up slightly, first since january. the dow down about 90, nasdaq down about 33. i want you to look at the one month treasury, a standout today. the yield well above five and a half%, that's on a one month treasury above, while about five and a half% rate of on that slight rebound in retail sa

varney. more to on that commercial back in the day? drink beer but when i do my drink gallons 20 here scratch. [laughter] beer goes to wholesalers, the people who deliver to beer stores around the country, every employee of wholesalers gets a three case of beer once they try to repair the relationship. the other thing they are doing is increased sales by increasing their budget of the earnings call today, the ceo said he was tripling the at budget, we've got the latest for you, it's a little more to their grand, young people, country music concert to our knowledge. none of those folks are transgender. the other thing they are doing is sending a letter to judge deridder's saying a quote from the letter, this was one single can come up the picture with the transgender woman giving to one social media influencer, not made for production or sale to the general public. the can is not a formal campaign or advertisement. that said we talked to the publisher beer business daily said who said the rift with the distributor is very real. >> it's

second hour of varney getting started. ♪ stuart: brian is sitting next to me in new york. out on a limb to some degree. senior democrats have to get a hold of the president and say it's time to go. brian: the way it will break, don't disagree with you that he's not vigorous but democrats love what this president does. progressives love it. he's an empty vessel, the most effective progressive tool they have ever seen. they don't want to get rid of that. they don't want him to say anything. he's abiding by their terms. stuart: the one thing you don't do is lose. brian: you assume this op-ed by the washington post means the media will hold him into account, good luck with that. as soon as you get a challenger, they will line up in his corner, let him do the basement strategy, progressives love it and will run his campaign. i wish you were right, some integrity on the left, we don't have that and we will get biden for president. stuart: i want you to stay for the entire hour. you can disagree with me and still stay. senate minority leader mitch mcconnell, not confident republi

"varney & company"'s done. "coast to coast" starts right now.e got 15 days right now, 15 days to scramble together something that

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that does it for "varney & company" on this views, first day of the trading week. ♪. neil: now about that debt deal there is this little detail of

i'm ashley webster in for stuart varney. let's get straight to your money.othing to get excited about, a wait-and-see start to the week. look at 10-year treasury yield. the yields are are moving ever so slightly higher. we're up almost six basis points. right around 3 1/2%. take a look at the price of oil. we have not done that yet this morning. oil down, actually up 2.25. now at $72.96 a barrel, about 73 bucks. let's hook at bitcoin came down over the weekend on reports of a bit of congestion on the bitcoin network, down almost $1700, at at at now this. president biden trying to ease concerns about his old age. he says it benefits him in the 2024 race. listen to this. >> why would an 82-year-old joe biden be the right person for the most important job in the world? president biden: i acquired a hell of a lot of wisdom. i've had more experience than anybody run for the office. i proven myself to be honorable as well as effective. ashley: apparently knows more than most of us. look at this, voters think trump is more physically, mentally fit for office than b

. >> i'm not messing around, varney, you bring your a game. all of the money this guy made was made in fields where there was no market for his services. even if you took it over to barisma. no un-was saying there's a guy with no background in energy and got thrown out of the chateau for doing too many drugs and he come overs and the board will take off. that wasn't happening. they were clearly trading on the family name. is it criminal? we don't know but we should be looking harder because if they're compromised, we're all compromised. stuart: it's a hard thing to talk about when you're criticizing the president for not recognizing his granddaughter. >> at least we found one little kid he doesn't want to sniff. stuart: i'm noing do change the subject dramatically. we need to lighten up a little bit. i'm going to talk about the met gala in new york city last night. my interpretation is they're a bunch of super rich people, super rich liberals signaling look how much money we've given and how rich we are. >> that's my favorite thing is most of

the second hour of varney & company is coming up. and i'm just warming up.ortunately liz peek is with us this morning i think i have a rather fishy and facetious question to start with. liz: chopper. stuart: what is a by vice president know about artificial intelligence. liz: have a safe probably not very much it but neither does the joe biden or congressman often interrogating protect new rules about this new technology. look, this is an important thing and turn it over to kamala harris honestly makes me laugh but your point about kamala harris being a lifeline for joe biden, isn't it ironic having the first the biggest mistake joe biden made, running for office was emanating kamala harris to be his vice president because right now cover the entire country will be looking at his vp is a he may not make it as nikki haley say said the next four years we might be electing kamala harris and boy oh boy does she feel the test so big problem for them there locking her in a rebranding her all kinds liberal media stories are coming out good luck with that because sh

and second our of varney & company, is just getting started.lly brian is still with us okay, when you think, i want no pause and what competition i don't want to win and one american companies to win a i am what you say. guest: you want capitalism. stuart: yesterday. guest: here's a problem going on for mixing socialism they i that is the worst path we can go down the number one, because the government controls in and i do not trust the government to use it will address the government to suppress what is happening in our world with a i number two, if a i will take the jobs, we grow we need economy that is roaring so the people lose jobs to ai, can find new opportunities and that's according socialism so i'm with you, let's grow the scope of let's not the hands of government that cannot handle it. stuart: god, had a crisis, not quite sure how to put it may be not really crisis. guest: i do thank you so a crisis. stuart: will in this crisis on the big next gotten bigger and will probably get bigger and is that a bad thing. guest: i don't have a p

varney. i on the other hand go even any, 1822.ceremony. 2 million listened on the radios in 1922. that is all good stuff. quickly i will give you the markets. s&p up, nasdaq up a whopping 1.4%. the dow down a fraction. show mee nvidia. stock of the day stock of the week. send "coast to coast" starts right now. neil: unprecedented, unfathomable how market watch is describing what is going on with nvidia right now, th

joining me on friday maria is back tuesday that is it for me i, of course, will also see you tuesday "varney & company" up right now take it away. >> good morning sheryl, do we have a show for you? stocks up, before a long weekend terrible polling numbers and memorial day air travel a test for pete buttigieg starting with this white house gop close in on deal to raise the debt limit cut spending, "new york times" says deal would allow republicans to claim some spending reductions democrats could claim they avoided big cuts. not sure how far-left democrats will take that but it is a mild encouragement friday morning dow industrials up maybe 40 points s&p up 7, nasdaq up 48. green, that is bottom line here good news on debt, up goes stocks a little bit no pullback yar inindividual wra blockbluster stock manager woods missed it pulled out completely in january of this year this morning up to 380 -- another buck interest rates little change creeping up recently, 3.8 % on 10-year, 4 1/2% on two-year treasury i think got that 4.58% gone up from there look at one month t-bill very short-term treasu

for the pbs newshour and kff health news, i'm sarah varney in sandpoint, idaho.the hollywood writers and major studios will expire -- potentially affecting over 800-thousand jobs , *if last minute negotiations break down and a strike begins >> more than 11,000 hollywood tv and film writers are likely to walk off the job today. the immediate impact america's , favorite late night programing, including 'jimmy kimmel live!,' and 'the tonight show starring jimmy fallon,' will be dark. writers guild awards officials are demanding higher wages and better working conditions. they say many of their concerns stem from the industry's greater emphasis on streaming. the last time wga members traded their pens for ticket lines was 15 years ago. the guild essentially shut down hollywood for 100 days, having crippling effects on the industry and the communities that support it. what's different now? some strikers say their focus is not only on current conditions but the future of the profession. the writers guild is using this video to rally members. >> the greatest challenge,

we asked stuart varney to interrupt his rim sleep. ♪ as someone living with type 2 diabetes, i want to real and talk about some risks. with type 2 diabetes you have up to 4 times greater risk of stroke, heart attack, or death. even at your a1c goal, you're still at risk ...which if ignored could bring you here... ...may put you in one of those... ...or even worse. too much? that's the point. get real about your risks and do something about it. talk to your health care provider about ways to lower your risk of stroke, heart attack, or death. learn more at getrealaboutdiabetes.com we all need fiber for our digestive health, but less than 10% of us get enough each day. good thing metamucil gummies are an easy way to get prebiotic, plant-based fiber. with the same amount of fiber as 2 cups of broccoli. metamucil gummies the easy way to get your daily fiber. (psst psst) ahhhh... with flonase, allergies don't have to be scary spraying flonase daily gives you long-lasting, non-drowsy relief. (psst psst) flonase. all good. manhattan grand jury could hear daniel penny's case as soon as today. t

"varney" & company picks it up now. stu take it away. stuart: good morning, maria, good morning, everyone. where is the big sell-off so many market watchers predicted? the bank crisis, debt default, rate hikes are supposed to produce a major stock slide. not this friday morning, at least not so far. dow jones industrial is up to close to 100, smaller gains for the s&p and nasdaq. by the way speaker mccarthy says there may be a debt deal by the end of next week. the president seems to be negotiating from japan, and investors like it. there you have it dow, s&p, nasdaq, all in green. interest rates, they keep going up gradually. the 10 year treasury yield coming in now very close to 3.70 that's a big deal. the two year treasury well-above 4% in fact it's well-above 4.25% right now 4.28 and the six-month well that's well-above 5%, you're looking at 5.34 as we speak. all right, politics. the fbi under fire. it's accused of ruining the lives of whistleblowers. there are being demand eled and the accusation is that the fbi has become a politic

third hour of "varney" starts right now.a maccallum, thank goodness , is joining us on the fox news channel. >> always good to see you. stuart: that professor, she has been fired but i want to know will her super-woke teaching staff union support her and will she just move on to teach some place else? >> likely. likely be my gut reaction to that. i don't understand why she's not facing actual charges for threatening someone with a knife, threatening someone with a machete. now, i understand he appeared at her door, and that can be disturbing to people. nobody likes someone unannounced showing up at their door, but yes. stuart: she chased him into the streets. >> it disturbs me so deeply to watch her toss these materials off that table. this is a free speech issue. these students setup a table in order to express their beliefs about pro-life. they have every right to do that so what are these students learning at this university? that they're going to be acosted by a professor whose going to destroy their display and yell in

third hour of "varney" starts right now. ♪ ♪ stuart: come on in, mollie hemingway. questions for you. can the president's image be saved? >> well, this is a very significant news story, and you mow that it is because senator grassley is involved. he always works with whistleblowers in a very careful way. and learning that our fbi has information about the specifics of an alleged bribery scheme while doing, you know, seemingly nothing about it, there are all sorts of problems related to the biden family business. like, everybody understands the way it works. you give money to biden pa family members in exchange for favors to be named later. and the idea that we don't already have a special counsel going into this is massive. but as you point out, president biden could not have a better friend than the he has in the media who will likely do their best to cover up for this. stuart: this is a real breakthrough, it sounds to me like a real breakthrough. senator grassley has seen this document which says this, this and this about a criminal scheme. a big deal. >> yeah. th

in a segment co-produced with the "pbs newshour," kff health news correspondent sarah varney reportswing crisis. sarah: over beers at a local sandpoint, idaho, brewery, residents held a wake of sorts. >> my fellow doctors, my nurse anesthetist, you have been a family to me for 14 years. sarah: to mourn the closure of the labor and delivery ward at bonner general, the city's only hospital. the hospital in part blamed idaho's legal and political climate. quote, "highly respected, talented physicians are leaving. recruiting replacements will be extraordinarily difficult." the closure comes just eight months after idaho's abortion ban went into effect. except in cases of police-reported rape and incest, physicians can only perform the procedure to -- quote -- "prevent the death of a pregnant woman." dr. huntsberger: one of the most strict fans across the country. sarah: dr. amelia huntsberger has delivered babies and treated miscarriages at bonner general for more than a decade. but soon after abortion became illegal here, she saw a patient with a ruptured ectopic pregnancy, a fertilized

varney & co. is about to begin. ♪ ♪ stuart: let's go.eak attempt to link the music to the president, let's go. sorry, producers. what you say? >> he says he's going to japan, sort of. stuart: biden does head to japan for the g7 summit. the trip has been cut short. has the trip been cut short because of the budget crisis? >> yes. biden will not go to australia and the summit on countering china's russia is canceled or postponed, pick your word. he will be back in d.c. on sunday for the debt ceiling negotiations. we are 15 days away from potential defaults. talks are progressing but republicans have drunk the redline. they want able-bodied americans with no dependents to work 20 hours a week. >> when you're talking about this, remember what we are talking about. able-bodied people with no dependents of it is ludicrous dd you hear senator elizabeth, she said republicans are mean and just looking to load the system with red tape to hurt the most vulnerable meaning people who receive government assistance were able-bodied with no children is

varney & co. is about to begin. ♪ ♪ stuart: another attempt on a producer to link music to the story. with arms wide open, that's the song and that refers to the border. we're going to get to the border right now. border agents apprehended 16 people on the fbi's terror watch list just in the month of april. the single month total is more than in all four years under president trump. senator ted cruz republican from the state of texas joins me now. how come the border is being ignored these days? >> because joe biden and kamala harris and the democrats want an open border. they've made a political decision they look at the 6.6 million illegal immigrants that have come into the country since biden became president and they view everyone of them as a future democrat voter and sadly, they've made a cynical decision they are willing to look the other way to the dead bodies piling up year after year after year, the people who died crossing, the women sexually abused by the human traffickers, the childre

stuart varney weighed in. >> the stock price of regional banks greatly under pressure, that is stabilized this morning. depositors are largely okay, they are covered and holders and depositors with j.p. morgan chase, the biggest bank in the country, it has gotten bigger. j.p. morgan chase, they have gotten bigger, regional bank getting smaller, interesting day for banking stocks in america. will they go down? is the panic continuing? is the nervousness continuing or is it stable? i think it will be stable and panic is drawing to a close. >> steve: friday night when people saw first racquetball is gone wobbly and going belly up, there were concerns what would happen this morning when the stock market opens. now that j.p. morgan chase has come in, they had auction yesterday and number of interested buyers, including pnc and citizens financial and j.p. morgan won it. what happened with first republic was after silicon valley and signature failed in march and pumped more money into first republic, 30 billion from other banks to prop them up, but people who were depositors are going, i don't k

second hour of varney just getting started. ♪ stuart: let me add to that editorial, 60% of us don't evennk biden would make it through a second term if he were reelected. do you think senior democrats will, before the election have a quiet chat with the president? >> they think he can beat trump, they want trump to be who he runs against and they like president biden, they like that he doesn't think for himself and is manipulable because he has been great for the left-wing agenda. look what he has done. if you like the left he has gotten a lot done. they want him to be there and if they think he is running against the right person they will be fine, i don't think he gets through a second term but that is an issue for a later date. stuart: the next 14 or 15 months, one nasty event of some sort and he's done. >> he has had several that could have gone south really quickly. they don't seem that concerned about it. he's done what they need him to do. that is sad for america that we would choose ideology over what the country needs but that is where we are, can't deny that's where we are give

we'll talk to stuart varney. and why naccp believes the state of florida is dangerous.ew privacy concerns over new security screening process rolling out at major airports across the country. we are live with what you need to know. kurt, the cyber guy on the case and we kickoff eight minutes and 55 seconds on the station you watch for your morning news much ashley and todd back in a couple, you are watching "fox and friends first." . . that's rinvoq relief. rinvoq can lower your ability to fight infections, including tb. serious infections and blood clots, some fatal, cancers including lymphoma and skin cancer, death, heart attack, stroke, and tears in the stomach or intestines occurred. people 50 and older with at least one heart disease risk factor have higher risks. don't take if allergic to rinvoq, as serious reactions can occur. tell your doctor if you are or may become pregnant. disrupt the itch and rash of eczema. talk to your doctor about rinvoq. learn how abbvie can help you save. there are too many options. how do we decide what hotel to book? (yelping) fear n

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varney & co. is about to begin. ♪ stuart: let's get serious.t's not the most riveting story and certainly is exasperating but it is important. the debt ceiling talks flooring is with me. [laughter] stuart: exasperated. biden mccarthy spoke last night. >> i'd say more optimistic, the house speaker says he will talk to the president every day to make sure there's a deal and kevin mccarthy describes last night 90 minute sit down as productive. >> i felt we had a productive discussion. we don't have an agreement yet but i did feel the discussion was productive in areas we have a difference of opinion. we will have that continued to get back together and work on some of the things we talked about. >> this seems to be agreement on the low hanging fruit. calling back on unused covid money, welfare benefits to people unwilling to work, my view is the wildcard is the spending caps. how big, how long do they list? if you can find an agreement there which would be negotiating for the democrats then you're close to a deal. in my have to go past june want t

second hour of varney and i'm just getting warmed up. ♪ we need tammy bruce and she is here. the college experience been degraded? >> i think so. this whole conversation about getting rid of the student loans and forgiving them implies you didn't get what you paid for. it implies that it didn't help to go to college and that is the national conversation. paying people back for a lemon and that is across-the-board and then what we've seen the last couple days in new york, a professor overturning the table of pro-lifers, a reporter going to visit her in new york, can you give comment on this, brings a machete out and she's a professor at a major new york college so when you see these things and we hear these stories across-the-board about school boards, what's going on in colleges, you are not getting what you paid for, people want their money back, why would you go? the left must be worried because these are indoctrination's. and hugh college experience is extremely valuable. it sharpens your mind. you know how to deal with people who are not from your hometown, people from ot

second hour of varney just getting started. former governor of arkansas mike huckabee joins me.he bank records do not lie. what happens now? >> this whole thing stinks worse than a chicken house, this is unbelievable. the only thing i find more disgusting than the corruption of the biden family is the lack of curiosity on the part of the press, total ignoring of these facts, granddaughter dating $75,000 for what? i'm thinking of becoming of one of joe's grandchildren myself to get in on the gravy train. this is absolutely astounding that the corruption is the level that it is in the media could care less because they want to be part of the cover-up. stuart: it is election interference, isn't it? they wouldn't cover the story before the 2020 elections because it would have damaged biden, they won't cover now because it damages biden, that election interference. >> that's exactly what is. i hope there is -- 5 of the federal election commission, would be a stretch, but it would bring some attention to the fact that the television and newsprint outlets are essentially giving contrib

"varney" & company up next. stu, big news day. stuart: you could say that. good morning, cheryl.