how is jennifer granholm. what are you talking? about >> which talking about the idea that the federal government has decided to put a pause on the liquefied natural gas production in export projects. it is an interesting one, because on one hand, donald trump says that day one, dictator for a day, i'm going to drill drill drill. russia producing more fossil fuels than anybody in the world by a long shot, and then antibodies ever produced. let's get down to the skin of some climate activists who say that maybe that is not the goal that we should be having. and so this is that intersection between energy dependent and being a leader in the world and guaranteeing freedom for people who don't want to buy their gas from russia, and at the same time, being conscious of the climate. it is an interesting tightrope that we are going to talk about. have a great weekend, i will see you again tomorrow morning. >> all right, take care alley. >> all right. right ♪ ♪ ♪ >>> i'm ali velshi. we begin this morning with a blockbuster penalty that a j

jennifer granholm will be with us on talk about all of this at 7:30 a.m.s of questions about this >>> in the meantime, american express reporting results. earnings coming in for the quarter at $2.62 a share came in on revenue of $15.8 billion, also below estimates. credit loss provisions came in roughly in line, maybe a little bit higher at 1.44 billion if you're taking a look at the stock, though, it is higher right now. up by 2.6% that's probably because for the full year amex is saying it sees earnings per share coming in somewhere in the range of $12.65 a share to $13.15. and that is well above the street's estimate for the year of $12.41. also full year revenue growth, looking between growth of 9% to 11%. that is versus 9.1% growth for expectations so the range is higher than that amex also raising its dividend by 17% it is go to be raising that dividend to 70 cents a share from 60 cents starting in march. i spoke with christophe lakayak and he pointed through some of the things they have been seeing he said overall, they're still looking at pretty st

when secretary jennifer granholm issued a statement last december vacating the atomic energy commission of 1954 decision to revoke dr. dr. oppenheimer security clearance, she she made it about the fact that that decision in 1954 had a chilling effect on freedom of expression within the scientific community. you very much if you read the order that that she published she emphasized the fact that as time has passed, it's become clearer and clearer that oppenheimer's loyalty and love of country that had come clear and. my casebook among other things, have given further evidence of the procedural plot and how that theory went and the impact that had on the scientific community and one additional book that i would i would mention that really does a good job of bringing this down is a book written by two former department of energy, richard hewlett and jock hall and the theory the books called atoms war and peace where they had access. i want to state for about 30 years they had access to all the primary source materials from the manhattan project. and they published this book in 1989. and lo

i think secretary granholm four-day propaganda push trying to sell us on how great electric vehicleslled on her staffer tells you how bad this is in you mentioned the marketer not dictating this. if you look at the first half of 2023 only 8% of new car were electric vehicle and further the car manufacturers are losing money ford lost billions of dollars on electric vehicle manufacturing then you have china producing 80% of the batteries so them were benefiting an enemy nation. none of this makes sense and the only thing that makes sense this administration would poach under push something nonsensical. alicia: jeff flock did not have kids in the car, or producer did not have kids in the car but i always have kids in the car in this takes away from an american culture of road trips, this would be impossible with a road trip of kids that's what we've done with our family we drive everywhere but we love it but this we would not love. >> ascended like the real problem with her producer first you have to find a recharging station and when you got there there were cars in line waiting and w

quite frankly, attorney general garland should be impeached, secretary granholm should be impeached. been questions about sector have learned of interior or energy whatever post she's at. there's multiple members of the biden administration. quite frankly, secretary austin should be considered. his abdication of responsibility not informing the commander of chief in time, all those things. there's multiple people in the biden cabinet that it not been doing their job. there's no accountability in d.c. anymore. on anything. there isn't any accountability. >> host: do you think impeachment is the best way to do that though? >> caller: i don't think there's any choice anymore. because i don't think the president wants to change anything related to the border. it's clear he has responsibility. it's clear he has a duties. it's clear he has the ability to enforce the border, and, and this has been purposefully done for the last three plus years. so it's not really a question anymore. how the democrats somehow tried to split hairs what is proper impeachment and what isn't proper impeachment

and jennifer granholm will join us at 8:00 a.m. eastern. "squawk box" will be right back. . don't take if allergic to nurtec. allergic reactions can occur, even days after using. most common side effects were nausea, indigestion, and stomach pain. ask about nurtec odt. >>> shares off to a rocky start for apple down 6% since tuesday with two downgrades. joining us now is an analyst who downgrade the stock. the senior analyst here with us is bar tton. you saw the writing on the wall before folks were out there. i thought it was interesting when he read your notes. reporting on apple is like reporting on a small country. there are all of these sectors out there. i'll quickly summarize what i got. you think the valuations are high relative to the historical norms. give us detail. >> i think apple is a remarkable company. i would argue it is a stock you can trade. you don't have to own it all the time. i think you can do that because it is a maturing business. the growth trajectory is very much leveling out. i think the combination of the growth slowdown and valuation which was d

how is jennifer granholm. what are you talking?> which talking about the idea that the federal government has decided to put a pause on the liquefied natural gas

here is jennifer granholm, the energy secretary denying knowledge of that very promise i just talkedresident biden making. >> activists are hailing the decision as a landmark crisis that shows industries no longer get a blank okay to proceed with building oil and gas products. a powerful statement we can no longer allow these industries to continue operating and that harkens back to president biden's campaign to put the fossil fuel business out of business and he said read my lips, we will put fossil fuels out of business. >> i did not hear him say that. >> look at youtube. will: he did despite her denial. you don't have to go that far back. a campaign promise in september 2019. watch. >> president biden: look in my eyes. i guarantee you, i guarantee you we are going to end fossil fuels. will: look in my eyes, i guarantee you. does it get any more clear? rachel: this is an election year promise to climate change activists hailing liquefied natural gas for new export facilities. would still be exporting liquefied natural gas but the new ones, there is a pause and creating them. a big

ashley: granholm is urging jamie dimon at jpmorgan chase, david sullivan of goldman sachs and other tops to use their vast resources to invest in the climate initiative. the energy secretary had dinner with a dozen executives at a midtown manhattan restaurant. the goal is to have wall street heavyweights direct capital and attract private sector dollars for green projects ranging from electric vehicles which you've been discussing, solar, wind, and nuclear. the gathering was reportedly put together with the help of former treasury secretary hank paulson. it always comes back to what is the demand for this. stuart: what is the difference now? thanks. we have new data that shows how much money the government has shelled out for illegal migrants coming into the country. grady trimble has the astonishing numbers coming up shortly. we told you how councilman in illinois wants residents to be housed in their homes. we will speak to the man behind the proposal next. ♪ ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. go deeper with thinkorswim

jennifer granholm will have more at 7:30 a.m. this morning. frank. >> natural gas is up 3.5%. pippa, thank you. >>> a lot more to come here on "worldwide exchange," including the one word investors have to know today first, salesforce joining the two dozen companies cutting head count in 2024. >>> plus a closer look at the sports betting industry. maybe it is not part of your portfolio. >>> our next guest says he is trying to look past this report at brighter things to come we have a very busy hour when "worldwide exchange" returns stay with us power e*trade's easy-to-use tools, like dynamic charting and risk-reward analysis, help make trading feel effortless. and its customizable scans with social sentiment help you find and unlock opportunities in the market. e*trade from morgan stanley. with powerful, easy-to-use tools, power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't miss an opportunity. e*trade from morgan stanley. >>> welcome back to "worldwide

. >> isn't it wonderful that they get experts like granholm to head up institutions that are based onthey haven't got a clue about before they got into the job. >> will: clue us in. what's the truth on gas prices. >> let's talk oil gas comes from oil. crude oil was trading at $40 a barrel on the day that joe biden was elected. $40 a barrel. the traders, oil traders got nervous because he said he was going to have a war on fossil fuels which he has in many parts. it went up 30% to $52 a barrel at the time of his inauguration. then it's now trading about 72. of course, it did spike to over $100 a barrel when russia invaded ukraine. it's true it did spike. but it's now at $72. >> $72 a barrel. 63% more than when he was elected and 38% more than when he became president. we're not paying less right now. we are paying less than at the height after russia invaded ukraine but we are not paying less than when he come in. we are paying a lot more. 63% when he was elected. 38% more when he became president. >> will: it's the truth people feel at the gas pump. >> it's one of many, many can nardz

the president's energy secretary, jen granholm, remember that notorious moment she threw her head backt's the plan for increasing energy production in this country. she was surprised when she heard or in denial of the president's words on fossil fuels. listen to this exchange. >> and that harkens back to president biden's campaign vow to put the fossil fuel business out of business and he said read my lips, we will put fossil fuels out of business. >> i did not hear him say that. >> sandra: we cut the tape, listen. >> i want you to look in my eyes. i guarantee you, i guarantee you we are going to end fossil fuel. >> sandra: you might want your energy secretary to be on the same page. >> she's on the same page, she just can't state it right there in the interview, you know, that's a moment he's talking to somebody but here she is getting pinned down on policy and she has to try to, oh, i don't think that's what he said, soft pedal a little bit, get out of it. every policy move of this administration tells you they want to do that. forget about his words. look at his actions. we all know

jennifer granholm, born in canada, can't be president.d schwarzenegger, born in austria, cannot be president. there are millions of people disqualified that way. donald trump isn't a tiny group, fewer than a dozen people call probably, who disqualify themselves by engaging in insurrection and rebellion. you can do this has the most defensible category of a disqualification for being president, because you choose to be in it, unlike somebody who is born abroad or happens to be just in their twenties, like my colleague, maxwell frost, who might make a great president, but is constitutionally disqualified, the same way that donald trump is. >> let me get you on one more thing, before i let you go. trump's lawyers, and even some of his supporters say section three at the 14th amendment, should not apply to him because it is not specifically say the office of president of the united states, or the president of the ignited states. but it does say in section three, or any officer of the in that estates. you are the constitutional law scholar, i

secretary of energy jennifer granholm. we'll discuss president biden delaying the approval of several massive gas export projects known as liquefied natural gas terminals and what that could mean long term for the president of fossil fuel and for the policy. that's on velshi tomorrow and sunday at 10 am, eastern. that tonight's last word. the 11th hour with stephanie ruhle begins right now. ♪ ♪ ♪ >>> good evening, i'm jason johnson, and for stephanie roe. we begin tonight with major news on the former president. new york jury has ordered donald trump to pay e. jean carroll more than $83 million for defaming her after she publicly accused him of sexually assaulting her. this verdict was about the amount of damages trump was already found liable for both sexually abusing carroll and defending her in an earlier civil trial. nbc's laura jarrett has more. >> reporter: carroll originally served minister trump saying he sexually assaulted her in a department store dressing room and the 90s. he said she was a liar. >> it's terribl

he mentioned something called the transition integrity project, includes jennifer granholm and bidenco," john podesta. they charge how trump will investigate his opponents. how trump will label them insurrectionists. how trump will play the sabotage game and keep them off the ballot. the trouble is, the democrats who have done 24 to trump. the shoe is on the other foot. i want to talk about this. some of the threats are very real. we have alex marlow, editor-in-chief of "breitbart news." monica crowley, former assistant treasury secretary, host of monica crowley podcast and caroline downey, "national review" reporter. i want to start out with you, this is interesting, mr. taibbi seems to be a man of the left is now criticizing the democrats, all the democratic fears about trump, what they're doing to trump it seems to me. what do you make of it? >> this has been their move for a long time, larry, and it is working for them. the russian collusion hoax, hillary clinton whose ties to russia were too deep to think trump was a russian plant. inflation reduction plant. joe biden acts like

even energy secretary jennifer granholm's car she took on her everything e v tour, the electric cadillacs continuing to worry about a how practical evs can be regarding battery life, range, and tesla, of course, stu, just last week lowered its own range estimates for teslas. if. stuart: you got it. thank you, gerri. quickly -- >> yes. stuart: the ev push, dying. >> it certainly feeling -- feels like it. i was long charge point, i sold it at 15, i thought i was an idiot, now it's at 2. stuart: and hertz is selling most of hits fleet. >> and ford's cutting production of the pickup truck. stuart: thank you very much, indeed. still ahead, tennessee senator marsha blackburn and ben domenech. the 10:00 hour of "varney "is next. ♪ i'm on my way, driving at 90 -- ♪ down those country lanes singing to tiny dancer ♪ you can't buy great conversations or moments that matter, but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine. t. rowe price, invest with confidence. [ applause ] the day you get your clearchoice dental implants change

secretary of energy jennifer granholm. several massive gas export projects known as liquefied natural gas terminals and what that could mean long term for the president of fossil fuel and for the policy. that's on velshi tomorrow and sunday at 10 am, eastern. that tonight's last word. the 11th hour with stephanie ruhle begins right now. ♪ ♪ ♪ >>> good evening, i'm jason johnson, and for stephanie roe. we begin tonight with major news on the former president. new york jury has ordered donald trump to pay e. jean carroll more than $83 million for defaming her after she publicly accused him of sexually assaulting her. this verdict was about the amount of damages trump was already found liable for both sexually abusing carroll and defending her in an earlier civil trial. nbc's laura jarrett has more. >> reporter: carroll originally

and former "wall street journal" senior editor i, isn't it wonderful that they get experts like granholmo headp up institutions that are based on stuff that they haven't gotor a clue about before they got into the job? well, clueless in what's the truth guess. >> well, gas prices, let's talk oil, because gas, of course, comes from oilude oil . that joe >> crude oil is trading at 40 dollars a barrel on the day that joe biden was elected. $40 a barrel. nervs oil traders got nervous because he said he was going to have a war on fossil fuels, which he halhe hass in my parts. >> so it went up 30% to $52 a barrel at the time of hisout 2 inauguration. >> then it's now. trading about 72. >> of course, it did spike to $100 a barrel when russia invaded ukraine. >> it's true. it did spike, but it's now63% mo at $72, $72 a barrel. six is 63% more than when he was elected. and 8% more than when he became president. so. so we're not we're not t paying less right now. we're paying lesha thes at the p after after russia invaded ukraine. but we're noay lesst paying than when he came in. we're paying a lo

arnold schwarzenegger can't run, jennifer granholm can't run.ountry who have effectively disqualified themselves from the constitution because they've participated in insurrection or rebellion or given aid and comfort to insurrectionists and rebels against the constitution. donald trump is one of them. that's just a question of fact, and the colorado supreme court engaged in intensive meticulous fact finding to determine that he is within that tiny group of people who have essentially disqualified themselves. that's a group, i think, who in a moral sense are much more justified in being kept off of the ballot because they chose to be in that group. you don't have to go out and try to overthrow the government, but donald trump is somebody who talks about political violence all the time and setting aside the constitution. and so he essentially has made his own bed at this point. >> and yet, that language, unleashing chaos and bedlam i feel like ties in with this next question related to what we're hearing from capitol police about the threats agai

we spoke to energy secretary jennifer granholm on friday about the administration's plan to pause lngf what is currently being exported or what is currently under construction. this is just a pause so that we can have an assessment that is rationally based and then apply that assessment to those projects that are in the queue. >> our next guest says that move is a win for russia and a loss for american allies, jobs, and climate progress. joining us right now is the president and ceo of the american petroleum institute. good morning you. we spoke to her last week about this issue. a lot of folks in the industry have been critical of this decision and have suggested that this does very little, and in fact, may ultimately make things turn around. have you had conversations with her about this? >> we've had multiple conversations with the administration about this, and we're very concerned about this announcement. as you know, investment goes where it's welcome, and unfortunately, the administration's decision, i think, is going to push investment away from theunited states into other cou

. >> well, granholm did say, it's temporary.id given the boom in exports, it's time to take a look >> nothing will change in terms of what is currently being exported or what is currently under construction this is just a pause so that we can have an assessment that is rationally based and then apply that assessment to those projects that are in the queue >> we're already the number one -- we overtook qatar >> yeah, but i was surprised there have been some really terrific pieces about how at davos there was a sense of, let's get away from short-term, you know, moving aggressively as we can to esg and think more about energy security because of russia and this really flew in the face of what i thought was a key initiative for national security, because we spend a lot of money defending ukraine it was shocking for people who build these things shocking >> although, again, it's the plans for the new ones that are being delayed, held up right now. >> but you have to spend a huge amount of time and money just siting these things. >>

you should be thinking about the way the president decided, you know what, we're going to -- debra granholmg to pause. i think a lot of america is like, wow, okay. >> do you not have questions about microsoft openai and what the relationship is is there? >> i think that they are all going to try to bring down price for us just like they did with amazon web services. i care about price. azure, amazon web services, they have cut the price. i think the average citizen is going to be able to get a.i. because of the competition. where she's wrong is she doesn't understand business. she understands textbooks. get andy jassy here. all he will tell you is, our goal is to make it so the consumer does better. copilot is killer. they're going to keep the price down if someone else comes in. price is what america wants. >> let's get the opening bell here. at the big board, it is sports betting company flutter entertainment celebrating its dual listing. rob gronkowski is going to join us in a few minutes. at the nasdaq, it's bottomless closets, a women's job empowerment nonprofit. jim, to your point abo

million can't run for president because they were born abroad like around schwarzenegger and jennifer granholm. some people can't run for president because they've already served two terms, like barack obama. so there's lot of people disqualified. but you were right, there's only one form of disqualification that people choose themselves through a malevolent act against the union, and that is people who try to engage in an insurrection or rebellion. donald trump is in a tiny group of probably fewer than a dozen people who disqualified themselves by attempting to overthrow the constitutional order. it wasn't just on january 6th, by the way. it was in all of the weeks leading up to it in which he tried to overthrow the election which he had lost by more than 7 million votes, 306 to 232 in the electoral college. >> congressman jamie raskin, thanks for being with us as we unpack this historic speech from president biden. when we come back, we're waiting on what could be a huge ruling out of the supreme court. >>> plus, new york attorney general letitia james saying her case should be worth a lot m

. ■0frankly, attorney general garland should be impeached, secretary granholm should be impeached. are questions about the secretary of interior or energy. multiple members of the biden administration. frankly, secretary austin should be considered, is abdication of responsibility. all those things, multiple people in the biden cabinet that have not been doing their job. . in d.c. anymore, not anything. host: do you think impeachment is the best way to do that though? caller: i do not think there is any choice anymore. because i do anything related to the border. it is clear he has responsibility, clear that he has duty, clear that he has the ability to enforce the border. this has been purposefully done for the last three plus years. it is not really a question anymore. how the democrats somehow try to split hairs on what is proper impeachment and what is not proper impeachment just shows you the fallacy that we live in in this society. no sane person can say that there has not been an absolute abdication. we have been almost 10 million illegals into this country. my parents were