thank you so much, charlie gasparino. >>> folks, we have some breaking news. body of former president jimmy carter -- d.c., rather, d.c., making its way across washington at this moment it is headed to capitol hill ahead of funeral services that are scheduled to begin in the next hour. fox news' lucas tomlinson is live right now at the navy memorial with more on the plans the honor america's 39th president. lucas. >> reporter: well, liz, just a few minutes ago we saw the dignified transfer of the 39th president, jimmy carter, from the hearse to the horse-drawn quezon here at the navy -- caisson here at the navy memorial. jimmy carter is the first and only naval academy graduate to serve as president of the united states. six presidents have served in the navy, but only one is a naval academy graduate, and that's jimmy carter. it's something he wanted to do as a small boy. when he was 5 or 6 years old, he wanted to go to annapolis, and that resolve was only enforced during the pearl harbor attacks when he was lying on a hammock and heard the jalapeno please att

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coming up charlie gasparino. joe biden has a fiscal time bomb but he also says an optimistic kudlow says wall street has the story all wrong. charlie coming back right here. when you're a small-business owner, your to-do list can be...a lot. ♪♪ super helpful. ♪♪ [ cheering ] what are invoices? progressive makes it easy to see if you can save money with a commercial auto quote online so you can get back to all your other to-dos. absolutely not. get a quote at progressivecommercial.com. [kettle hisses] ♪ oh my god. [phone rings] at the tone, please record your message. [clock ticks] ♪ ♪ let's go boys. the way that i approach work, post fatherhood, has really been 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. connectivity is a big part of my boys' lives. it brings people together in meaningful ways. ♪ ♪ larry: we're here with the great charlie gasparino, fox senior business cor

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charlie gasparino is in new york with more. >> liz, the wall street top cop is considering the exchanges is slated to replace gary gensler as trump's chair of that very important agency and cftc and commodity trading commission and regularly enforcement arm, and it's really more important this time around because trump wants the cftc essentially to handle most of the crypto regulation and as you know, he's courted the crypto crowd in the campaign and offered a tighter or laxer regulatory agenda that was under gary gensler that a lot of people criticized for doing regulation by enforcement. the regulation is going to be shifting to the cftc, which generally has a lighter touch, and that appointment hasn't been made yet and we know this is according to ellie tarat sources and has a story on fox business and the trump transition team has vetted a half dozen candidates for cftc chair position in recent weeks and it's coming down the line. we'll hear something pretty soon. those candidates include an degree san, head of -- andressen and merri bowl sen jerkins on the short h short list and kr

again charlie gasparino reported this about black rock.part. maria: it sure is. j.p. morgan the largest american bank told us on tuesday that they were leaving. as you said since december morgan stanley, citigroup, wells fargo have all quit this thing. obviously they were in it to begin with because of pressure from the biden white house. >> as we are exiting bad deals, let me tell you what president trump is bringing in foreign money and individuals that are willing to invest. a couple of weeks ago we saw 100 billion from southbank. we are continuing to see investments as people are starting to break apart given the biden administration wreaking havoc on banking regulation as so many busi businesses. maria: the banks are happy about paul atkins. the new security and exchange commission. he's going to get rid of all of the gei and esg policies. thank you for that. let's get to the fires. los angeles county is under a mass evacuation order. three wildfires have tore through the pacific palisades leaving thousands of acres scorched. dozens o

i'm not sure charlie gasparino skiis but you've got a big story right now where you now have a huge assetthat's going to take the biggest stake in is it bitcoin? okay, charlie is not there. let's, okay. oh, gaspo's mia. maybe we'll get him in the chair. let's talk about bitcoin defending the 93,000 level and now it's almost below 92000 right now. we've got it at, there it goes. 91, 992 remember, the recent high was 10 8,000 its been a multi-day sell-off but the crypto has now seen about $300 billion knocked off, i guess you'd call it the market cap or the price of bitcoin, since the start of this year; however, we should tell you it is still up 36% since election day when donald trump, the self-proclaimed crypto president, won back the oval office. what is next for the price of bitcoin and listen, let's not guess here. we've got business leaders who are majorly involved here. exodus movement is a crypto wallet maker and in december they uplisted on the new york stager sibling market, and joining us in a fox business exclusive, ceo jp richardson. give it to me. i mean, it's now fallen belo