welcome to kudlow, i'm l arry kudlow. middle american businesses and families are all doing the trump dance. more on this dance in a moment about congressman wesley hunt, the best dancer i know and make crapo waiting in wings to talk about money and bitcoin, but peter doocy live in west palm beach, florida. what's cooking there. reporter: we're feeling push and pull of biden and trump foreign policies everything that president-elect says makes headlines abides en at biden team still has control of the situation room. >> we have the ability and have had conversations with appropriate officials in the incoming trump team. particularly about who is going on in syria and also in ukraine and middle east writ large, they have happened, they are still happening. reporter: another world leader came bighted viktor orban of hungary posting photos of president trump and elon musk. president-elect hoping to get more mileage out of that now infamous dinner he had with justin t trudeau, he joked in private. canada should become a state

welcome to kudlow, i'm l arry kudlow. so the fed is bumbling policy left and right tax cuts look to be delayed. dow dropped over a thousand points today, down 10 days straight, first time since 1974. so. we're asking brian brenberg, breitbart's john carney and charlie gasparino. talk about the chaos in economic policy. and the suddenly sour market. first or man edward lawrence, live at the federal reserve board. this kind of looks messy to me. reporter: and the dow reflecting that it was positive territory before 2:00 eastern time announcement it dropped about 1173 points from that time and settled in 1100. the fed did cut 25 bases points, federal reserve backed off that mission accomplished statement. he -- or feeling he had before the meeting, on inflation, the fed chairman said that you can't just look at two months of increase inflation, and see a trend. >> we have inflation coming down, core inflation coming to 2 1/2 next year, that is a significant progress. you see a slower path, i think that does take onboard that

welcome to kudlow. i'm larry kudlow. middlemen businesses and families are all doing the trump dance. that's right. more on this dance in just a moment with congressman wesley and senators and mike crapo and up land and peter doocy live again in west palm beach, florida. peter, what's cooking down there? reporter: larry, here in the palm beaches today we're feeling the push and poll of biden foreign policies and president trump for the president elect says about foreign policymaking headlines and biden team has control of the situation reel. >> we have the ability and have had conversation withs appropriate officials in the incoming trump team, particularly about a what's going on in syria and what's going on in ukraine and middle east writ large. those conversations have happened and they're still happening. reporter: meted with the next national security adviser michael walt well and president hoping to get more mileage out of the now infamous dinner with justin trudeau and joked, in private, if the economy can't survi

welcome to kudlow, i'm l arry kudlow. so kill the bill. and cut taxes instead. and kill the debt ceiling. let's launching new blue collar boon. first up hillary clinton is live on capitol hill where all of the fun is happening. hello. reporter: well consider the bill killed. fox news digital confirming details of new deal that was brokered moments ago. house appropriation chair. leaving speaker johnson's wa office, a clean 3 month continuing resolution to keep the government funded and open, a clean farm bill package, and disaster aid as negotiated that is 110 billion, clean health and two year suspension of debt limit to january of 2027 and no year owround ethanol gas sales, congress nal democrats have been mad that elon musk exposed up fade for extra stuffed in the funding bill, under musk's leadership at doge, era of smuggling all of these extra perks into must pass l legislation may be over. >> mike johnson negotiated a deal with leader jeffries and chuck schumer and joe biden, he is reneging on deal because the shadow president, elon musk said we should not

welcome to kudlow, i'm l arry kudlow. so president trump maps out his american zeitgeist this morning in a wideranging 17 minute pressure at mar-a-lago we'll talk with art laffer, and steve moore and grover norquist about taxes and tax delays, we have congressman jim jordan waiting in the wings with latest on the thrown story. we -- drone story we may have a plausible response. but first fox news griff jenkins is live in west palm beach, florida very busy there. reporter: b dizzy indeed, what a contrast to biden years, first trump administration with press engagement post p. he talked about everything from the drones to hostages in gaza and tiktok, he started his remarks standing next to japan's softbank ceo announcing $100 million investment that promises 1 u.n. thousand jobs on a.i. and the like, trump noted number of billion airs and businessmen comes to mar-a-lago to meet him there people want to get along with me this time, we have a lot of great executives coming in. . reporter: also at this press conference was tru

welcome to kudlow, i'm l arry kudlow. so will the republican senate grow a backbone and support president trump's cabinet nominees and his tax cuts? we have senator cruz, and all that coming up in the show. we have senators randy paul and ron johnson. and first up fox news aishah hasnie is live on capitol hill, what did president trump actually say to the senators? a lot of weird stuff in media. >> he called in to closed-door policy meeting that senate republicans were having with house speaker mike johnson he wanted to fire them up and remind them of his mandate, all battle ground states he won, he. s to get his work his agenda done as quickly as possible. and i'm told s senate republicans came out of meeting with a two-prong reconciliation plan to try to tackle the border and energy in first 30 days. >> he is ready to go, can he wants to us ready to go, he thinks -- celebrating some wins and difficult states like pennsylvania, and ohio. and so, we're excited to hear from him, he gave us a few chuckles on the way too. re

welcome to kudlow, i'm l arry kudlow. so, president trump leads the world in celebrating the reopening of notre dame cathedral and helping restore america to normalcy we'll talk about this and more with emily compagno and rich lowry, and senator john kennedy and newt gingrich waiting in the wings, first up, on today's top story, bring in fox business gerri willis. looks like they found someone the killer. reporter: right, major development in two widely followed criminal cases first man many of jury acquitting daniel penny of criminal wrong doing in chokehold death of jordan neely in 2023. the courtroom e ruch rupted in ablahs, but outside, protesters shoved police. penny faced charges of criminal negligent homicide that carries sentence up to 4 years expendy held penny in a chokehold after the homeless man threatened others on a subway car, penney's defense attorneys argue the marine vet was justified in protecting the subway riders. the jury verdict of unanimous. >> nypd identifying luigi mangione, 26, a strong person o

welcome to kudlow, i'm l arry kudlow. so pete hegseth fighting hard and winning i think for his confirmation battle, trump tax cut 2.0 cannot wait. and for the love of god, joe biden must go. we have senator mike lee in a moment and we'll hear from house ways and means chair jason smith, senate finance committee chair mike crapo and senators m marsha blackburn. hillary vaughn what's cooking. reporter: well, president-elect trump gave pete hegseth some advice when he picked him as secretary of defense, according to pete hegseth trump told him, you have to be tough as blank. i can be say it on tv, pete is not backing down from this fight, despite unproven accusations swirling related to his drinking and treatment of women, which pete hegseth denies and points out are from anonymous sources he so capitol hill to make case face to face with every senator he is call kawhid for the job. >> -- he is qualified for the job. >> i spoke with president-elect trump this morning, he said keep fighting. >> you are in this all the way. >

. ♪ larry: hello, folks, welcome to kudlow. i'm larry kudlow.o will the republican senate grow a backbone and support president trump's' cabinet nominees and tax cut s? we have senator cruz and all that coming up later in the show. we have senators rand paul, ron johnson, congressman wesley hunt all waiting in the wings. first up, aishah hasnie live on capitol hill. what did president trump say to the senators? there's a lot of weird stuff coming out in the media. reporter: yeah, he called into a close door policy meeting that senate republicans were having with house speaker mike johnson and wanted to fire them up and remind them of his mandate all the battleground states he won and he wants to get his work, his i'm told they came out with a two part, two pronged reconciliation plan to tackle the border and energy in the first 30 days and here's senator talking about what trump told the republicans. >> he's ready to go and wants us ready to go and thinks we are and he celebrated some of the wins and difficult states like pennsylvania and ohio a

larry: hello folks welcome to kudlow i'm larry kudlow. so, pete hegseth fighting hard and winning, i think, for his confirmation battle. trump tax cuts 2.0 cannot wait and for the love of god joe biden must go. we've got senator mike lee plus we'll hear from house ways and means jason smith, senate finance committee chair mike crap ox and senators marshall blah burn and katie bit but first up our very own hillary vaughn trolling capitol hill as she always does, striking fear into the hearts of whomever. hillary what's cooking? what's cooking? reporter: larry, well, president-elect trump gave pete hegseth advice when he picked him as secretary of defense. according to hegseth, trump told him "you have to be tough as blanket something i can't say on tv so pete hegseth is not back down from this fight despite so far unproven accusations swirling related to his drinking and treatment of women which hegseth denies and points out are from anonymous sources. he's here on capitol hill to make the case face-to-face to every senator he is qualified

welcome to kudlow, i'm l arry kudlow. so are they angels or drones? over new jersey? that is the big question, the hottest story right now. house majority leader steve scalise coming up later, and senators eric schmitt and tommy tuberville waiting in wings but first fox news peter doocy live from west calm beach what is happening there in palm beach. reporter: if i came from a different country or planet, i would want to go to new jersey too. my home state, but here in palm beach we're tracking confirmation fights over trump's picks, there is nothing they can do if republicans stick together they think that trump and his allies have been executing a successful pressure campaign that pressure is the reason that none. the bad stories about pete hegseth for example forced h-- him out. >> if the fear of donald trump and his -- for retribution were less there is no question this nomination would go down. reporter: corey l. >> said there is no resource we will use to go after those senators. elon musk has threatened primary challenges to people that vote against president t

welcome to kudlow, i'm l arry kudlow. so. 9 straight days of the dow in the red, worst since 1978. question is what is happening? we have steve forbes. david bahnsen, giannis antetokounmpo, and on set jackie deangelis first up edward lawrence is live at white house telling us what that means. reporter: you know the dow is down 267 off of -- you mentioned 9th losing streak in a row, longest in about 50 years. you know some stocks in the dow are well to correction territory nvidia down 10% from highs, it could be a response to factor of the economic data, that has been very mixed going forward, looking at retail sales today, month over month, much stronger than expected with this. credit card debt with this keeps rising, inflation trend has been ticking up. and core inflation without food or energy prices moving sideways last three months, which might have caused fed to pause, next year for rate cuts. the markets they look 8 months out, they are gauging if federal reserve will not go as fast as first thought, i spoke withstands federal reserve president, marey daily, she hedged on ho

larry: hello, folk, welcome to "kudlow," i'm larry kudlow. joe biden's mendacious lie about the hunter biden pardon is yet another admission of guilt. plus, president trump picks kash patel to clean up the fbi, and i mean cleanse and clean up the fbi. we've got senator roger marshall, we've got representative the byron donalds. we've got house member claudia tenney if on all of it in just a moment later in the show, senators tommy tuberville and tom cotton will weigh in. but first up, above all, fox news' peter doocy, he's down there the in west palm beach, florida, where it's the not quite as warm as maybe some people thought it would be. peter, what ya got? >> reporter: not quite as warm in it's, like, 70 and overcast it's great. [laughter] warmer than d.c. and, you know, as we're down here, larry, we are reminded that a president-elect cannot conduct foreign policy, but donald trump is certainly trying to apply pressure on america's adversaries where he can. he just posted a little while ago on truth social in part, if the hostages are not

larry: hello folks welcome to kudlow i'm larry kudlow. so, the fed is bundling policy left and right. meanwhile tax cuts still look to be delayed. meanwhile the dow dropped over 1,000 points today, down 10 days straight, the first time since 1974. so, we're going to ask our own brian brenberg, breitbart john carney and charlie gasparino in just a moment to talk about the chaos in economic policy and the suddenly sour market. first up, our own man, edward lawrence as always, live at the federal reserve board. edward? this kind of looks a little messy to me. reporter: very, the dow was in positive territory before the 2:00 eastern time announcement and it dropped about 1,173 points from that point and settled in right around what, 1,100 as you were talking so the fed did cut 25 basis points in this and the federal reserve he's backed off that mission accomplished statement that he was having or that feeling he was having before this meeting on inflation. in fact the fed chairman went on to say that you can't just look at two months of incre

welcome to kudlow, i'm l arry kudlow. so doge is hottest ticket in town, getting ready to chop down regulatory state. plus we must not wait for trump tax cuts 2.0. we have brian brenberg, liz peek, jason chaffetz on that and congressman jim jordan, senator kevin cramer, and pete hegseth looks better and better so because kash patel, but first up hillary vaughn on capitol hill, a busy day, what is the latest on the doge invasion? reporter: we're on hour 5 of what has been a marathon brainstorming session with elon musk and vivek ramaswamy who are holding court with lawmakers, we caught up with senator marsha blackburn who came out of the meeting to tell us this is an open mic night, law make takes turns to the mic and pitching their ideas to elon musk and vivek ramaswamy on where to make cuts. >> they are doing intake, they are listening. they are looking for ideas. here is the thing, every single member of the house and senate are a part of this effort, we hope our democrat colleagues will join us. reporter: today capitol

welcome to kudlow, i'm l arry kudlow. soy president trump today unleash animal spirits on floor of new york stock exchange. we have liz peek, and t taylor rigs on, that but first, edward lawrence, live at the white house. what's cooking. reporter: larry, after the 4 years economically we just lived through there is some euphoria for many americans and business community, fox news polling shows 54% of people are somewhat or very hopeful about the future, more than relief, hopefulness can be seen on floor the new york stock exchange, president-elect trump rang the opening bell with this message. >> we're going to put it straight, give tremendous incentive like no other country has, we're cutting your taxes s substantially, we get them to 15 only if you make your product here. reporter: president trump pledges to get rid of onerous regulations, impose by biden administration, and company investing a billion will get expedited permits. meta donating 1 million to trump's inauguration fund a few weeks after zuckerberg had dinne

catch kudlow at 4:00 p.m. every day on fabulous fox business and can't get us at 4:00, just text your favorite 9-year-old. she will show you how to dvr the show. you will never miss a return to normalcy, and maybe a peck on the cheek in church as well. i'm kudlow, we'll be right back. s are everywhere you turn. but at t. rowe price, we're letting curiosity light the way. asking smart questions about opportunities like advances in healthcare. and how these innovations will create a healthier world tomorrow. better questions. better outcomes. at harbor freight, we do business differently from the other guys. we design and test our own tools. and sell them directly to you. no middleman. just quality tools you can trust at prices you'll love. ♪ so, what are you thinking? i'm thinking... (speaking to self) about our honeymoon. what about africa? safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a do

i'm david asman in for larry kudlow.uary states and counties and cities facing funding cuts under the incoming trump administration for refusing to cooperate with i.c.e. and now more than ever we need this immigration crackdown as illegal migrant crime is on the rise all over the united states. fox news' william that la jeunesse is live -- la jeunesse is live from l.a. with the latest there. william. >> reporter: hey, david. yeah, the showdown is definitely on its way, if you will. a lot of people don't live in sanctuary states or counties, and yet they are paying for states like new york and california to incarcerate illegal immigrants and criminal aliens and then let them go. so the program is called scaap. basically, it's federal taxpayer money given to states and counties to cover the cost of incarcerating illegal immigrants convicted of crimes. but when it comes to deporting those same aliens, these jurisdictions refuse to cooperate. the feds hand out more than $230 million a year to sanctuary states like california

welcome to "kudlow." i'm larry kudlow. so president trump maps out his american zeitgeist this morning in a wide ranging 70 minute presser down in mar-a-lago. we're going to talk to art laffer and steve moore and grover norquist about taxes and tax delays in just a couple moments. we've also got congressman jim jordan waiting in the wings along with the latest on the mysterious drone story. we might have a plausible response and answer to the drones. but first up, fox news rick grif jenkins is live in west palm beach florida. very busy down there, huh? >> reporter: busy indeed. good afternoon, larry. what a contrast from the biden years. here we were back to the first trump administration with these wide ranging, anything under the sun press engagement. it went o on for about an hour d the president-elect talked about everything from the mysterious drones to the war in ukraine to the hostages in gaza to border security and the border wall and even talking about tiktok. he started his remarks standing next to japan's soft b

lauren: hello, folks, welcome to kudlow, i'm larry kudlow. so nine straight days of the dow in the red. worst streak since 19786789 steve forbes, david banson, jackie deangeles, wesley waiting in the wings and edward lawrence live at the white house with what all this means. reporter: larry, the dow is down, what, 267 points off this and you mentioned ninth day in a row and nvidia down 10% from the highs as could be a response to the factor of the economic data that we're getting in. that economic data has been very mix going forward and look at retail sales that came out today, month other month, retail sales stronger than expected with this. credit card debt with this keeps rising and inflation trend has been ticking up over the past two months and core inflation without food or energy prices moving sideways the last three months and might have caused the fed to pause next year for rate cuts and we'll have to say. markets look eight months out and gauging in the federal reserve will not go as fast as first thought. earlier this month, i spo

i am david as been here for larry kudlow. just 24 days until president trump takes office. there are a lot of things that need to get done on day one. extending the tax cuts. amid all of this, there is a crucial house speaker boat on friday. president trump's endorsement of mike johnson enough to get them over the finish line? we will be asking house members and just a couple of moments. first, our own grady trumbull is live from d.c. with the very latest. >> those tax cuts ushered in during his first term going to expire exactly one year from today. that is setting up a huge battle on capitol hill in the new year. house ways and means chair trying to get ahead of that fight by explaining the impact letting the tax cuts and jobs act lapse what have on the everyday american. it means a huge tax hike. on average 22% increase which he says will only compound the pain of inflation, particularly for lower income americans. getting the tax cuts extended is high up on house speaker mike johnson's legislative list. if he wins reelection later this week. >> we will restore stature o

kudlow." david asman in for larry kudlow. i hope you had a wonderful christmas with your family. president biden is jetting off to yet another vacation destination, this one in the sunny if caribbean. our incoming president-elect trump is busy making plans for dramatic changes in policy, getting right on his first day of his second term on january 20th. we're going to be talking about that with jackie deangelis and caroline downey in just a moment. but first, grady trimble is live at the white house with the very latest on president trump's energy agenda and more. grady? >> reporter: hey, david. there is excess supply of oil globally right now, and the international energy agency expects a surplus in 2025 as well, so that combined with president-elect trump's promise to expand oil and gas production in the united states could lead to lower prices for everyday americans. >> we're going to have so much oil and gas and other things, you won't know what to do with it. you'll say, please, president

i'm larry kudlow. joe biden's mendacious lie about hunter biden pardon is yet another admission of guilt. plus, president trump picks kash patel to clean up the fbi and i mean cleanse and clean up the fbi. we have senator roger marshall, representative byron donalds, house member claudia tenney on all that in just a moment and later in the show senators tommy tutuberville and tom cotton weighing in on it all. first, we have peter doocy down in florida where it's not quite as warm as some people thought it would be. peter, what the do you have? reporter: not quite as worm? it's like 70. and overcast. i love it. we're reminded that a president elect cannot conduct foreign policy but donald trump is certainly trying to apply pressure on america's adversaries where he can. he posted a little while ago on truth social in part, if the hostages are not released prior to january 2025, the date i proudly assume office of president of the united states, there'll be all hell to pay in the middle east. that kind o

welcome to kudlow. i'm larry kudlow. unleashed on the floor of new york stock exchange and liz peek, taylor resistance on all that and -- taylor riggs but fit edward lawrence at the white house. reporter: yeah, fox news polling showing 54% of people are somewhat or very helpful for the future, more than relieved or surprised and hopefulness seen on the floor of the new york stock exchange and president trump rang the opening bell and brought this message. vascularized we're going to put it straight. we're going to cut our taxes and very substantially. but getting down to 15. >> if you make your product here otherwise you're paying 21, which is 23409 bad but in the middle of the pack. reporter: president trump pledges to get rid of onerous legislation and any company coming and investing $1 billion gets expedited permits and business leaders are ic on president elect trump coming around and meta donated $1 million to trump's inauguration fund a few weeks after mark zuckerberg had dinner and amazon founder jeff bezos comin

welcome to "kudlow," i'm larry kudlow. trump's till moving at warp speed, picking an all-star team. markets are booming, and just moments away we're going to talk to president trump's incoming national security adviser, our great friend congressman mike waltz about peace through strength. but first up, fox news' jacqui heinrich in west palm beach, florida. what's cooking? >> reporter: hey there, larry. you know, we're all on hegseth watch effectively. the president-elect was conspicuously quiet online yesterday while hegseth worked senate republicans to try to court more support. and after speaking with desantis about a plan b earlier this week, there was some speculation that a perhaps trump was getting ready to pull the plug. but his incoming press secretary says that is not thes case. not the case. >> contrary the what many in the media are reporting, there has never been a wavering in the optimism and the confidence from president trump in pete hegseth. he is brilliant. he is intelligent. he is a war fighter. the american people elected president trump to nominate outsiders who

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. >> c1 hello folks and welcome to a special edition of kudlow i'm david for larry kudlow have you had a wonderful business with the family those are disappearing president biden is jetting off to get another vacation destination in this one in the sunny caribbean and incoming president-elect trump is busy making plans for hermetic changes of policy, getting right in his first day of his second term on january 20th pretty will be talk about that with jackie d and d analyst deangelis and just moment the drug ready trouble is live at the white house very latest on president trump's energy agenda and more grady. >> hey david, there's excess of five oil globally right now and the international energy agency any spaces or plus in 2025 as well and so that combined with president-elect trump's promise, to expand oil and gas production in the united states. grady: it could lead to lower prices for everyday americans be able going to have some its oil and gas and other things, that you won't know what to do with it and you will say please president trump stop we have too much the prices are goi

i'm kudlow, welcome to kudlow. house majority leader steve scalise coming up later in the show and senators eric schmitt and tommy tuberville waiting in the wings and first up, fox news peter doocy live from west palm beach. what's going on, peter? reporter: here in palm beach, weariness tracking all the confirmations in the senate fights over trump's picks and there's nothing that democratic lawmaker cans do to stop with trump's nominees if republicans all stick together and some are now saying they think that trump and his allies have been execute ago successful pressure campaign and that pressure is the reason that none of the bad stories about pete hegseth, for example, forced him out. >> the fear of donald trump and his picks could be to repress. there's no questions. reporter: there'll be no resource not used to go after the u.s. senators that vote against donald trump's cabinet picks or his other nominees and elon musk has threatened primary challenges to people that vote against kash patel promising reforms

welcome to kudlow, i'm larry kudlow. we have is that the torr rand paul and a lot more moments away. first up, let's go to our own grady trimble live in capitol hill. what do you think you know reporter: larry, it's unclear when a vote will happen, but what we expect sometime in the next few hours or so is for house republicans -- well, the house floor including republicans sports grill deputies to vote on essentially the bill that they shot down yesterday but minus that provision to raise the debt ceiling, remember, that is the part that a lot of conservative republicans on the house freedom caucus weren't happy with so 38 republicans voted against this bill. this remove it is. so that means one bill and one vote to keep the government open and providing disaster relief for hurricane victims and aid for farmers. this will be two-thirds majority to pass because of the way they'll present this to the house and that means some democrats will have to get behind it. we'll be making sure military and essential services is pai

welcome to kudlow. i'm larry kudlow. here we go again. chinese spy balloon 2.0, drones are flying everywhere. no one seeps to know friend or foe, who, what, when, where, how? the latest on this incredible story and a breaking story and we don't know if it's breaking and we have congresswoman claudia tenney and special forces drone expert. president trump can't afford to lose stock market zeitgeist and that's the subject of the rift. can't find who, what, when, where, why? let's go back to donald trump yesterday ringing the bell at new york stock exchange as time magazine's person of the year. this is mr. trump capturing the stock market zeitgeist and much happier story than the drone story. donald trump pay as lot of attention to stock market and going for president trump going for them and the stock market is important. our colleague at breitbart points to a very interesting line. ugov survey. listen to this. 72% of americans say the stock market is what or very important. and black americans slightly more likely to think stocks are impo

welcome to "kudlow," i'm larry kudlow. so kill the bill and cut taxes instead.nd while you're at it, kill the debt ceiling, and let's launch the new blue collar boom. we've got senators cynthia lummis and kevin kramer on all that and more in just a moment. but first, hillary vaughn live on capitol hill where autoall the fun is happening. hello, hillary. [laughter] >> reporter: hi, larry. well, consider the bill killed, because fox news digital is confirming the details of this new deal that was brokered just moments ago. house appropriations chairman tom cole leaving speaker johnson's office saying they have a deal. here is what it would entail, a clean 3-month continuing resolution to keep the government funded and open, a clean farm bill package, also disaster aid as negotiated with democrats. that's $110 billion. clean health extenders, also a 2-year suspension if of the debt limit the january 2027. there also would be no e-15, no year-round ethanol if gas sales. but in the leadup to all of this, congressional democrats had been very mad that elon musk expose

here is kudlow. david: hello folks and welcome to a special edition of custody kudlow.president-elect trump and president biden both weighing in on the legacy of former president jimmy carter who died this week at 100. of course president biden weighing in while on his 573rd vacation day of his first term presidency, all while president trump did so in the midst of the busiest schedule of a president-elect in modern times. we'll get into all of that in just a moment but first, fox news david spunt is live in washington d.c. with the very latest. david? reporter: well hey, david good to be with you. former president and president-elect donald trump and president joe biden will be with each other in washington d.c. at former president carter, the late president jimmy cartedder's funeral here on january 9 announced to be inside the washington cathedral. meanwhile, president biden in his last days in office wanted to surface donald trump in judicial confirmations in four years and he did it by just one j

larry: hello folks welcome to kudlow, i'm larry kudlow. so, doge is the hottest ticket in town. getting ready to chop down the regulatory state. plus we must not wait for trump tax cuts 2.0. we've got brian brenberg, liz peek, jason chaffetz on that in just a moment plus congressman jim jordan, senator kevin cramer, pete hegseth looks better and better so does kash patel but first up, our own hillary vaughn live on capitol hill. hillary? busy day. what's the latest on the doge invasion? reporter: larry we're on hour five of what has been a marathon brainstorming session, with elon musk and vivek ramaswamy who are holding court with lawmakers in a room just around the corner from me right now. we caught up with senator writeh senator marsha blackburn coming out of the meeting to tell us basically this is an open mic night in the room right now. lawmakers are taking turns going to the mic and pitching their ideas to musk and ramaswamy of where to make cuts. >> they are doing intake. they are listening, they're looking for ideas, and here is the thing, every single member of the ho

larry: hello folks and welcome to kudlow i'm david asman in for larry kudlow. democrats rads drift as donald trump prepares to take power. that is a headline, in today's "wall street journal." it sums up, i think, kind of well where washington stands at the end of 2024, so where do democrats go from here? and what does it mean for the short-term of the trump administration? we're going to ask rich lowry and david webb in just a moment but first, jacqui heinrich is live in new york studio. good to have her here with the very latest on all this. reporter: hey david good to be with you. trump's foreign policy agenda is beginning to take shape with the panama canal and greenland topping the list of american interest. speaking to a crowd yesterday at turning point usa trump demanded that panama lower the fees american ships are charged for passage or face the canal's seizure. trump didn't say how exactly he would force its return to u.s. control but claimed america is being ripped off after constructing the canal in the early 1900s. >> you've got to treat us fairly

charles: joining me now kudlow host the great larry kudlow. its been too long.t's just absolutely amazing. juxtaposing these two things and by the way, next year, argentina is expected to have the fastest-growing economy in the world, in advanced nations and i bring it up because a lot of the things that trump is talking about are similar. larry: i shook his hand and met him briefly at the gala in florida at mar-a-lago, a couple of weeks ago, milei spoke there, he was speaking in spanish, he had an interpreter so it was a little tricky, a lot about defeating carl marx. the key point is many many years ago i was in argentina helping them setup a currency board. that all went by the wayside as you say, but he is dismantling the socialist state and in doing so is cutting spending and deregulating and looking forward to i think tax reform, tax cuts and tax reform, and really, they clenched the deal they need to dollarize their economy and setup a currency board or actually make the dollar the currency. one or the other, but i think that will have a positive effect o

kudlow. >> was it kudlow? >> oh, yes, as a matter of fact, it was. >> i didn't see you for a second. i thought you might have been nominated for something. >> jesse, i told you to buy bitcoin. >> you wouldn't listen to me. >> i know, i know, now my producer has more money than i do. all right, who do we have next? we have bill hemmer. did i say bill hemmer? you're hiding from me. >> i just brought you a candy cane. jesse. it's for you, brother. i found it in my jacket because i haven't worn it in a year. and that's from last christmas. >> so you're pulling off the turtleneck. >> look. thank you brother. >> very sophisticated. >> and i'm going to have martha, like, fill out the rest of my shopping. okay. >> good. >> can you do that, please? >> shop til you drop. all right. who do we have? brenberg. look at you. bitcoin the market. merry christmas. well, it's a merry christmas because i'm standing right next to larry kudlow. and he's standing right next to my son timmy. >> timmy. >> and that is hey, timmy, dream

to read more check out this ♪ larry: welcome to kudlow. i'm larry kudlow

. ♪ ♪ david: hello folks and welcome to kudlow i'm david asman in for larry kudlow

my colleague larry kudlow made thoughts about why consumers are excited about this incoming president of the fact small business confidence hit largest gain 39 years of survey being taken. middle class working folks expect now expectations of their financial situation will improve. highest since february of 2020 when pandemic on the horizon. business roundtable, 156 companies say their confidence index has jumped. donald trump will be ringing new york stock exchange bell, that will be exciting. his inauguration committee is getting boost from meta and zuck zuckerberg, he is donating and meta a million dollars to inaugural fund. it is interesting history between mark zuckerberg and donald trump. donald trump was banned from facebook in -- after january 6 riots, capitol riot, excuse me. after assassination attempt, mark zuckerberg changed his tune and two weeks ago went to mar-a-lago, had dinner and gave president trump some ray-ban smart glasses went he went down. big technology ceos are clamoring to get on good side of donald trump and why wouldn't you? this is policy, regulation, tax

. >> sandra: larry kudlow chomping at the bit to respond to that.d, you said he is in his element negotiating on the world stage in real-time. >> he is in his element hitting his stride. this is one of the most remarkable hyman periods, really. and i just miss grover cleveland second transition and i know john roberts, i was a little late on that, i was mckinley guy and i came later but all seriousness, mr. trump at the news conference at ease. moderate demeanor. as going all the questions. >> sandra: he was asked about the ceos knocking on his door now that i ignored him in his first term. listen. >> the first term, everybody was fighting me. this term, everybody wants -- personality change or something. >> sandra: now they are knocking on his door wanting to meet with him here. >> one the big things and i don't know about a personality change, but some things have changed after taking a bullet during this campaign and that awful assassination attempt. but i think what also changed is he won the popular vote and all seven swing states. there was no

i'm kudlow, welcome to kudlow. house majority leader steve scalise coming up latehe

welcome to "kudlow," i'm larry kudlow. so kill the bill and cut taxes instead. and while you're ait

larry kudlow, the promises have been made. people are on board. >> i apologize.eetwo find, fine. >> the biden story. >> sandra: can president-elect trump follow through on the promises? >> of course he will. >> sandra: and right the ship? >> have you looked at the consumer confidence numbers? >> sandra: i have. >> highest in the 40 year survey. have you looked at the business -- >> sandra: you are getting away from the question. that is anticipation his term in office. to my question to you is... take away new american -- >> sandra: pop it up on the screen. >> the spirit of the country has been rejuvenated to. these are like entering a period gales of creative destruction. people feel liberated on the economy because yes, they will go after the regulatory state. the doge brothers, right, elon musk and vivek ramaswamy will go after regulatory state. trump will cut taxes and put some new ones up. people can't wait for that. the stock market is soaring and a very important indicator of that. stated only thing i would add to that is businesses need certainty, right?

as he lives here now, larry kudlow, fox business. we always look back at those moments but they have president-elect trump coming vivek ramaswamy and elon musk meeting on the hill. speaker johnson on the hill. there is a buzz on the hill but what do you see coming from all of this and we watch that play out and you said this is not just about cost cutting to be clear. >> there will be a budget side investment cost-cutting side to this. and a rift side to this reduction in force, but that will take quite some time to paint out. look, i want to do as much as they can do to shrink the size of government. but talking to vivek as they have and you read the op-ed piece in "the wall street journal," so much is aimed at curbing that unauthorized hotel and constitutional power of the regulatory state. this is about regulation. this is about executive branch regulators who are doing stuff they shouldn't be doing and expanding their payrolls they shouldn't be expanding. that is so important here. vivek has said many times they hope to use the p

welcome to "kudlow," i'm larry kudlow. trump's till moving at

welcome to kudlow. i'm larry kudlow.families are all doing the trump dance. that's right. more on this dance in just a moment wit

i'm talking about larry cutler -- larry kudlow yesterday.you don't do anything to make supply go up and in fact you attack supply so it's a supply just stays the same. you have 5%% more gdp but you don't have anymore supplies so what the happened is inflation is to be 5%. theas only way is he will the will the government money but they won't have more stuff to buy it because they didn't grow the supply so inflation grows to 5%. richard or give me after capital matters on the internet to say inflation is coming and i said i'ms 100% sure inflation will be 10%. why was i won hundred% sure? youuy guys now know if you lookt the gdp by% nominally but you don't b make supply gauff have % inflation. so obvious and yet we have an entire administration entire party that isn't a mile about this. so i think the good news is this would be the fix and we can move towards a happy ending part. we set up before we just did it and it's a roadmap it's easy to follow in and the biden administration they stuff up so much they can give you 4% growth really fast b

welcome to kudlow. i'm larry kudlow. unleashed on the floor of new york stock exchange and li

. ♪ larry: hello, folks, welcome to kudlow. i'm larry kudlow. so will the republican senat

welcome to kudlow. i'm larry kudlow. here we go again.o one seeps to know friend or foe, who