that's what stephen moore, frequent guest says. of the program, making very good points there, tiffany. >> yes, he is. and it's interesting because washington, d.c. is full of bureaucrats and runs most of d.c. i don't know if the american people realize it. there's a lot of hay being made about elon musk and doge coming in and they're not elected officials but it's what the american people need. it's an exciting time to be an american. i think he's right. one thing i would add to the list is to help boost the economy is unleashing american energy independence. i think that will help lower gas prices and put more money in americans he's pockets. cheryl: you want to say -- oil prices as we know has actually stayed fairly in check. we're in the $70 range for wti and for brent and if that continues that's good because that's not an inflation story but at the same time inflation goes back to what happens in washington that's why the fiscal responsibility move is so important. >> exactly. if we continue to spend $2 trillion more by the f

stuart: stephen moore will weigh into that.rump's borders are, home and visited chicago the governor of illinois and the mayor of chicago have said they will resist trump's deportation efforts, border sheriff thaddeus cleveland how he thinks human initiation should respond to threats. that is next. ♪ your best defense against erosion and cavities is strong enamel. nothing beats it. i recommend pronamel active shield because it actively shields the enamel to defend against erosion and cavities. i think that this product is a game changer for my patients. try pronamel mouthwash. stuart: i confirm that as a solo the dow down 350 the nasdaq down 781 that is better than three to half percent, look at big tech all of them down big time, one is up that is apple the exposure to a.i. not as great as the others but microsoft on $20 alphabet, amazon, meta down better than three and a third%. lou is still with me this morning. meta and microsoft report this week. >> on wednesday. >> what are they going to say about the a.i. problem that th

last economist stephen moore. next. ♪ ruri: ichi, ni, san, shi... (1,2,3,4 . . ) ruri: ichi, ni, san, shi... (1,2,3,4 . . ) hina: ichi, ni, san, shi... (1,2,3,4 . . ) akari: ichi, ni, san, shi... (1,2,3,4 . . ) others: ichi, ni, san, shi... (1,2,3,4 . . ) others: ichi, ni, san, shi... (1,2,3,4 . . ) (♪) (♪) you were made to chase your passions. we were made to put them in a package. stuart: present electronic file the motion to stay the generate ten sentencing in the near criminal conviction. judge tanya merchant set that date but unlikely to impose any incarceration or fine. trump spokesmen responding. the american people elected president trump with an overwhelming mandate. the demands an immediate end to the political weaponization about the justice system and all the remaining witchhunts. we look forward to uniting our country in the new administration as president trump makes america great again. on the market this morning 12 minutes in. i see plenty of green towel 133 look at the nasdaq up 288 points, that i

now now this is my 1st thought on this is that uh stephen moore and larry to lower big advisors to trump economically. and they have this animal spirits theory, which it is that if you not only reduce regulations, but also signal to business that it's going to be a business friendly and innovation friendly environment. you will see economic gains and that doesn't even require any real policy changes. and so i think he believes that he'll get some benefit from that. and there was some of the evidence of the animal spirits in the, in the 1st truck to our term. and then you get to these questions and try to terrace, which as you say, could be inflationary. then there's a issue of the tax cuts that are going to go away. obviously we have this massive budget debt and that needs to be addressed, although neither of harris nor trout, nor buying signaled any real seriousness about going about changing it. so there are some larger underlying economic issues, but i think trump's gonna focus initially on the animal spirits and releasing them . now what are your thoughts about animal spirit and you

stephen moore joining us, does this mean china is vulnerable to trump's tariffs. >> you better believear trade surplus will not stand. i think there will be tariffs imposed on china. i'm a free-trade but china is involved in a predatory trade practice they cheat, they steal and they still do after eight years of being exposed trump will either change their behavior or their going to get whacked with high tariffs. stuart: will china or the manufacturer's be forced to absorb those tariffs or do you think they will get passed on to american consumers? >> listen there is an old saying, china's economy cannot grow if they don't have access to america's markets, they just can't, china's economy has been lacking in the last few years far behind the united states economy, ours hasn't done that while, the value of our company is 10 - 15 times higher than the value of china's company. they are much, much less important than the global economy and trump knows that. it is "the art of the deal" that is the book that trump wrote me as leverage as we do today on china and the best way to change them

trump economic advisor stephen moore joins us. >> welcome to the beautiful city.oric day and weekend what are you advising anymore you were in the room with him top five economic advisors what would you tell him as far as tariffs are concerned and why would democrats block this and booster and manufacturing -- >> start with the big picture here donald trump is not inheriting strong economy but a economy with a lot of problems. i mean, you've got massive deficits, you've got spending out of control in washington. inflation is rearing its ugly head again so this guy has his agenda in front of him buckle up strap up because on day one as many as 100 executive orders most of them dealing with the economy. and so -- this is going to be the president who immediately is going to be like secretary right out of the gate. now tariff issue i don't know exactly what that tariff level will be. i don't think, i think you said what 20 -- ainsley: 60% for china on the campaign trail. >> i heard 10 or 15%. >> i'm not a big tariff guy when trump talks about tariffs he uses it as a

trump is expected to sign around 200 executive actions today, stephen moore joins us, to be the mosttant executive order about energy and the export of natural gas, trump can do that quickly and easily enrolled make an enormous difference to the energy picture, what say you. >> i agree i don't know if that'll be the most important thing but it will be on my list of the top five most important things that need to be done we should be exporting our national gas in producing a lot more of it. it's so interesting to think that four years ago do you remember what joe biden's first executive order was do you remember what that was. >> i remember you told me. >> it was killing the keystone xl pipeline, remember that. it set the tone for the whole the administration that he was going to be anti-oil and gas in american energy. you're exactly right it's a high priority i agree with scott benson the incoming treasury secretary that we can produce 3 million more barrels a day in the price is $80 a barrel $260 million each and every day that we could be producing in less money abroad and we have

a macromavens president stephanie pomboy heritage foundation economist trump economic adviser stephen moore toys "r" us chairman ceo former target vice chairman joel, julia pollak john lonski cheryl casone great to see everybody. thank you so much for being here i want to kick off with backup in yields stephanie pomboy, your thoughts what this yield was telling us at 4.7% you just heard from dan niles this is going to be a problem for the stock market if this yield keeps moving up; correct? >> yeah. i couldn't agree more, i think if you take the -- backup in rates you couple it with strength in the dollar strongest drag for corporate profits since 20e profits, and obviouslport into hiring is pro growth. so, this could be a real problem for the economy more broadly in terms of lower earnings growth, leading to less employment obviously, that continues into restrain consumer spending then into that whole kirkel fed cut 100 basis points 10-year yield has gone up 1 hundreds basis points fed easing -- facial typically. >> on top of the backdrop that you have been questioning, for a long time, ta

let's dial in trump economic adviser stephen moore.t a new external revenue service and ers. obviously that's a bright green light signal that he intends to do something about tariffs or at the very least it's a gigantic negotiating tool. >> i think a little bit both, steve. first of all, let's back up and remember what joe biden did. he spent billions and billions of dollars hiring, remember, this steve, tens of thousands of new irs agents harassing american citizens. and boo by the way targeting conservatives. i know this firsthand because i was targeted by the irs because of my conservative views and by the way after spending thousands and thousands of dollars on tax lawyers, i finally was found that i did pay my taxes but it cost me a lot of money. so, now what trump is saying okay, let's focus on the billions of dollars that are not being collected in tariffs and duties by foreign countries and foreign governments. now, i'm not a big, steve. i'm a free trade guy. but if we're going to have the tarie should allocate more money to g

joining me now heritage the foundation economist and freedomworks senior economic contributor, stephen mooret in d.c. first the debt ceiling, now the speaker drama, and we'll keep the audience abreast if something happens. but, golly, i mean, you wrote an article, i'm looking at the headline. top economists endorse speaker mike johnson saying now is not the time for an internal republican brawl over leadership positions. explain what's at stake here. >> well, charles, you know, i hate to tell you this, but i'm a member of what's called the stupid party. [laughter] and that's the republican party. and sometimes they do really stupid things. and i think it's outrageous that you've -- by the way, some of these folks i think one or two votes away, what's the latest? i can't quite keep up with it. i think he got 23216 -- 216 votes, he needs 3218, so this is high drama -- 218. the last thing republicans need right now is to be fractured and having an internal fight whenning or you know, republicans need to be the totally unifieded as they go into this new year in less than three weeks donald trump

joining our panel, jim moore, former chief of staff to dnc chair jaime harrison, former regional comms director for biden in 2020. stephen collinson. the big picture here, this reverend, the bishop buddy using the pulpit to make this plea for mercy. and of course, trump's response. what does it what does it all say to you? >> well, trump has been feted by internet billionaires, foreign leaders, his entire party for like two days during this whole inaugural ceremonies. that was the first time that he's seen any kind of dissent at all. i think it's a reminder that there is opposition and fear to what trump is doing, in the interests of balance, to his point that the bishop had pulled the church into politics. i did think that some of the speakers, some of the preachers that were at the inaugural ceremony, were quite politicized as well. so it's not just coming from one side, but i think the president is going to get quite a limited amount of pushback publicly just because of the way these presidential events work. so it was very interesting whether that will be a rallying point for opposition, which we haven't seen this ti