joining us to talk about it, wyoming senator cynthia lummis.ming on, ma'am. what do you think? that's a sr. interesting hypothesis. bring down to oil price, damage russia. it's a one-crop, one-stop, one-horse economy. so you've knocked down prices. you could end the war. what do you think about that? >> oh, i think he's right, larry. so the definition of inflation is too much money chasing too few goods. so the price of oil's up. if we produce more oil, then we'd have more goods, and the price would go down. if if the price goes down, our oil is more attractive, our natural algas is more attractivs more attractive, and if we can get it over to europe, we can create more opportunities to compete against russia. countries that are buying their oil and gas from russia are then funding the war against ukraine. and is we've got to cut off the money that that's going to russia by selling their dirty oil and gas and thereby starve out the russian economy if funding the war against ukraine with. larry: so if you had, just for arguments sake, brent crud

we're going to have senators mike lee, cynthia lummis and tim sheehy on all these subjects. up, though, foxx news' bill melugin live in boston on the trump i.c.e. raids. bill, this is some story. what's cooking? >> reporter: hey, larry. good afternoon to you. well, in the early days of this new trump administration, i.c.e. officials tell me they're taking what they call a worst first approach, and that means they're going after the worst of the worst criminal alien offenders first. and we were granted exclusive access to join i.c.e. here in the sanctuary city of boston as they went out to the streets and enforced immigration law. take a look. >> good morning, everyone. >> reporter: it's a frigid 5 degrees in the predawn hours just outside of boston where this team of elite i.c.e. officers is briefing on their targets for the day. >> we're going to be targeting or some extremely violent offenders today. >> reporter: within moment, officers have eyes on their first target. >> we have movement, target vehicle coming out. >> reporter: they quickly take him into custody. he's an

of course cynthia lummis is an advocate for the strategic reserve of the government acquiring 1 millioncoin over five years according to her own proposal. bitcoin is trading just under 10 5,000 this morning so fast and furious for the crypto industry. they are happy with what they got from the first crypto president this week. david: we know what cryptos doing or at least bitcoin. let's take a look at the other markets if we can. the general markets are trading down. the dow is down about 80 points, s&p just down a fraction, 4.75 and nasdaq almost flatlining there at up 1 point. that is literally flat and now its gone green so things are turning around. kenny polcari always turns things around. he joins me now. kenny we've had a bit of a rally recently. is this a trump bump we're getting now and even if we're a little red on the screen now, the optimism is just undeniable. >> i think it is and i think it is optimism across a range of the issues, right? it's crypto. it's the softening discussion about tariffs across china and across parts of europe. it's the softening discussion about th

senate banking committee also selecting senator cynthia lummis from wyoming to head the new congressionalch will look into a strategic bitcoin reserve. lvmh is in your. it was. >> i still. >> own it. >> but it was really. >> didn't yeah the yeah the awful and helm. >> it had a very. >> tough year. we saw richemont which had a very big quarter relative. >> to expectations relative. >> to any of the other ones. so there was life there. and i think lvmh. >> just got too cheap. >> yeah. >> all right. career. taking a leg lower after president trump called on saudi arabia and opec to lower prices at the world economic forum earlier today. for more on energy policy and trump 2.0, let's bring in paul sankey of sankey research. paul, great to have you with us. it's interesting to hear president trump and, you know, we had joe lavorgna on before who, you know, would identify with president trump in terms of policies. i believe that lower oil prices are very, very important when under the trump administration, it is almost taken for granted that he will be harder on sanctions when it comes to place