lauren: it is hillary vaughan day on fox business. she is amazing. give me your reaction. make of tim cook? hillary asked the important questions. he sat stonefaced. they haven't said anything about the airdrop issue in china, never said anything, he was vocal, tim cook was, during the riots over the summer of 2,020. he is silent when it comes to china. what do you make of this? >> absolutely, make no mistake. non-response is a response. tim cook who is supposed to be a moral leader, often lectures everyone else about speaking out when they are things going on in our country, let it be something trump has done, you are sure to hear from tim cook and other ceos but when it comes to china they choose money and business over moral values and that's a problematic issue for an american company at home especially considering they are willing to do that, who knows what they may do in the us to give china, the ccp, access to information about american citizens, we don't know how far they are willing to go if they consider china essentially an ally of the apple company and this is

they will quickly -- dave: we heard from hillary vaughan the ftc is investigating elon musk.into twitter and elon musk's relationship with foreign investors. is this a target on elon musk? or are they seriously interested in investigating? >> they are serious, investigating whether twitter lied, engaged in covert propaganda with fake accounts. all kinds of devious stuff that twitter long denied not just publicly but under oath in sworn affidavits. those are crimes if they can be proven. dave: but shouldn't use regulatory power to go after a single individual you don't like. some of that is going on with investigations into elon. thanks for being here. florida senator rick scott, martha mccallum and former defense intel officer rebecca koffler. the 11 am hour of "varney and company" next. ♪ i will be home for christmas ♪ >> heading into 2023, i have a lot of peer. i'm calling in the federal reserve budget because i believe there's a bubble in the stoc

hillary vaughan has the story from capitol hill. >> there is 130 million tiktok users tonight. could be 0 tomorrow morning if we just dump tiktok. >> reporter: tiktok is in trouble after admitting on spying on tiktok users in the u.s. by tracking location on the data. the company is already under a microscope. republicans say a broader ban could be on the way. >> despite bipartisan support for that. this is nothing more than a chinese communist party spy operation on millions of americans. >> reporter: tiktok had been trying to convince the u.s. government is not that. the company wants to cut a deal with lawmakers that allealeave vaccinatth. >> reporter: now lawmakers are getting a look at how tiktok works and they don't like it. forbes reports some of their reporters were being secretly surveilled by tiktok company. who at at tiktok was leaking information. the misconduct of certain individuals who were no longer employed at was a misuse to obtain access of the data. >> reporter: that may not be enough to convince some here nor washington that something like that won't happen

hillary vaughan joins me.me of the content the apps is pushing. >> reporter: this is important for parents who have teens on tiktok. what they are seeing will be disturbing. researchers set up eutectic accounts, setting the age to 13 years old. researchers paused briefly on videos about body images, liked those videos and tiktok's algorithm recommended to them will shock you, researchers say in 2. 6 minutes tiktok recommended suicide content within 8 minutes, tiktok served content related to eating disorders. every 39 seconds, tiktok recommended videos about body magenta mental health to teens. it is not just parents who are concerned about the safety of tiktok, government officials have concerns too. some states started banning the apps due to national security concerns. >> it is a large step that it would take to say you will ban it on private platforms and i don't think we are there, let's say where you need to go based on the specific intelligence and risks associated with it. >> reporter: the senate passe

hillary vaughan has the latest for us. >> reporter: we saw apple ceo tim cook meeting with congressman darrell issa and has a few other meetings lined up with republican lawmakers who will soon be in powerful oversight power over the company once republicans take majority in january. house majority chairman jim jordan and commerce committee chairwoman kathy mcmorris rodgers will meet with cook today but is meeting with congressman darrell isa who previewed what we he wants to talk about. >> pending trust legislation, with china, these are important issues but there will be a range of them, the biggest one being we want tech companies to get back to tech and get out of if you will the political activities we often see. >> reporter: yesterday cook met with elon musk, and cleared the air tweeting good conversation among other things we resolved the misunderstanding about twitter potentially being removed from the apps store. tim was clear apple never considered doing so but as republicans apple tough questions whether they cooperated with the chinese communist government to limit airdrop

hillary vaughan went after him. we are going to talk about it. (announcer) enough with the calorie counting, carb cutting, diet fatigue, and stress. just taking one golo release capsule with three balanced meals a day has been clinically proven to repair metabolism, optimize insulin levels, and balance the hormones that make weight loss easy. release works with your body, not against it, so you can put dieting behind you and go live your life. head to golo.com now to join the over 2 million people who have found the right way to lose weight and get healthier with golo. what should the future deliver? (music) progress... (music) ...innovation... (music) ...discovery? or simply stability... ...security... ...protection? you shouldn't have to choose. (music) gold. your strategic advantage. (music) visit goldhub.com. (announcer) enough with the calorie counting, carb cutting, diet fatigue, and stress. just taking one golo release capsule with three balanced meals a day has been clinically proven to repair metabolism, optimize insulin levels, and bala

hillary vaughan on capitol hill. which celebrity are we talking about?er: shark tank's kevin o'leary is here to testify before the senate. he invested a lot of money on ftx and lost a lot of money. the subject of a class-action lawsuit targeting himself and other celebs who got paid to endorse ftx including tom brady and gisele, and larry david. o'leary says, $1 million, in tokens held in ftx saying all of that is lost, written it off 20. he said in his prepared testimony, i am using my capital to pursue recovery of the ftx accounts, the truth of the situation will be discovered by following the transaction trail after obtaining the records. we need to get to the bottom what happened and not let it collapse cause us to abandon the great promise and potential of crypto. lawmakers were hoping to hear from sam bankman-fried himself but he's behind bars for yesterday's first hearing on capitol hill but lawmakers on the financial services committee get an idea of what went wrong behind the scenes from the current ceo ftx who testified yesterday. >> they were

big theme on capitol hill where you will find hillary vaughan. >> reporter: shark tank's kevin o'learyhimself in the hot seat today trying to fill in the blanks for lawmakers about ftx's bankruptcy that left millions without their money including o'leary. he named in a class-action lawsuit targeting himself and other celebs who got paid to endorse ftx including tom brady, larry david, even with star-studded endorsers, lawmakers are giving ftx a pass. >> a free pass because it is shiny and bright, venture capitalists think it might change the world or tv campaigns were witty and featured famous people especially when so many consumers are at risk of losing hard-earned money, that is before crypto we should in a new dimension of fraud. >> reporter: o'leary says he was paid $18 million, he had one million dollars invested in ftx including $10 million in tokens he held in ftx wallets. he says all of that is lost and he has written it off but doesn't want ftx to give crypto a bad name. do you believe the potential benefits of crypto are so promising that we should accept weaker anti-money l

hillary vaughan. >> twitter ceo elon musk, tweeting part of the reason these files are being released twitter but every social media site is engaged in censorship, sometimes addict solicit direction of the government. in the latest release, the internal file show under donald trump and president biden, both administrations try to insert politics into science and since are things that were not in their favor and as results, doctors and scientists who had opposing views on covid were banned. independent journalist david zweig tweeting both the trump and biden administration is directly press twitter executives to moderate the platform's pandemic content according to their wishes. in my review of internal files i found countless instances of tweets labeled as misleading or taken down entirely sometimes triggering account suspensions because they feared from cbc guidance or differed from establishment views but the biden administration has flip-flopped on whether they were involved. jen psaki reported engagement of twitter but. >> we are regular touch with social media platforms and those

hillary vaughan has more on that story. >> reporter: some parents might be shocked what their teens might the center countering digital hate set up a new tiktok accountants at the age to 13 years old. researchers paused briefly on videos about body image and mental health and researchers say what tiktok's algorithm showed them is disturbing saying within 2.6 minutes tiktok recommended suicide content. tiktok served content related to eating disorders every 39 seconds, tiktok were committed videos, and mental health teams. tiktok says the study does not reflect what they will see, and and the resulting experience does not reflect genuine behavior and viewing experiences and people we regularly help to remove violations of policies. some state started banning the apps, and others in congress pushing for an all-out ban for everybody. >> we can institute a broader ban. and so many young americans get their news from tiktok, we have to ask do we want to allow the chinese communist party the ability to basically determine what news we get. i would submit that's very dangerous which is why we ne

hillary vaughan, tell us what is going on?r: it is rare you get good news from the irs but in this case just before the 2,023 tax filing season, taxpayers can breathe a little easier. a reporting requirement the congress passed as part of the american rescue plan that would require sites and apps like ebay to tell the irs, they are making $600 on their platforms, is going to be delayed. it is not going to apply to this tax season. this reporting requirement impact anyone making extra cash on these apps vote could be considered income. the irs now saying they are holding off on enforcing this for this tax filing season saying the additional time will help reduce confusion during the coming 2,023 tax filing season and prepare more time for taxpayers to prepare and understand the new reporting requirements. these are technically not new taxes but under these reporting requirements you could end up paying more in taxes than you have in the past. if you were not reporting this extra cash as income to the irs, this change is a new r

than 10 million job openings, 3 million fewer americans working today than in february 2020, hillary vaughan will tell us what is keeping people on the sidelines. get refunds.com powered by innovation refunds can help your business get a payroll tax refund, even if you got ppp and it only takes eight minutes to qualify. i went on their website, uploaded everything, and i was blown away by what they could do. getrefunds.com has helped businesses get over a billion dollars and we can help your business too. qualify your business for a big refund in eight minutes. go to getrefunds.com to get started. powered by innovation refunds. ♪ what will you do? will you make something better? create something new? our dell technologies advisors can provide you with the tools and expertise you need to bring out the innovator in you. (pensive music) (footsteps crunching) (pensive music continues) - [narrator] for one in five children worldwide the holidays aren't a time to celebrate. they're just another day of hunger. no family dinners, no special treats, no full bellies. all around the world, parents are

we had our own hillary vaughan catch up with tim cook, who is the head of apple, and ask him questionsnt to play that and get your reaction, roll tape. >> mr. cook, do you support the chinese people's right to protest? do you have any reaction to the factory workers that were beaten and detained for protesting covid lockdowns? do you regret restricting air drop access that protesters used to evade surveillance from the chinese government? do you think it's problematic to do business with the communist chinese party when they suppress human rights? >> you can probably tell, nathan, no answers. i mean, the guy was closed-mouthed. is tim cook enabling the chinese communist government to repress protests? >> to be honest, it is really disappointing to see these big corporations, they have to do business in mainland china and they make deals with the governments and they abolish the values that they claim they treasure, it's definitely the case when apple, they have to sell the iphones in mainland china, they make deals with them so they help them facilitate them in some of the actions that