dagen: steve forbes? k, hugo, i think you're right about the republicans muddying their message instead of focusing on socialism versus free people, free market, a republican party in disarray. one thing hugo that happened in dekalb county, when the poll watchers were put back, they got an injunction from a judge saying they got to allow more effective poll watching, why didn't we have those kind of people out going ready to go and get injunctions in states like georgia and elsewhere in the november elections, why did we wait till after the elections to challenge these things instead of doing on election day, election night, i don't get it? hugo: i think in an election in a country this size there's always going to be some screw-ups and there may very well have been screw-ups, there was certain degree problematic stuff, no doubt some fraud but i don't think it was anything like -- we know that it was nothing like enough to actually change the results of the election and i think it's just being magnified in

steve forbes with us now, the forbes media chairman, we can pick up the discussion which everyone's beenars, now where we are economically in trying to get jobs back the main goal that comes down to incentive and where companies will hire without threshold is and making it through $15 an hour in some areas that might have the opposite impact of how it's intended. >> the best way to raise the minimum wage is having a vibrant economy we've seen it when we have a booming economy, you cannot hire people at the minimum wage. this should be done on a state-by-state basis, they know the conditions locally and those mentioned earlier west virginia might have different than new york or california but trying to impose a high when nationally is going to damage especially restaurants in the leisure industry we saw on the last jobs report hospitality and restaurant plus 500,000 jobs there struggling show people the minimum wage on them when they're already about to go out of business and tens of thousands have gone out of business you will just damage recovery. the other thing to keep in mind, you wi

dagen: steve forbes, jump in here. where do you think this goes and what do you have to say? sted in terms of what you think is going to happen at the border, guatemala prevented one human caravan coming, the trump administration made agreements with those 3 central american countries in mexico to prevent these caravans, they expect the biden administration is now backing off on repealing agreements. are we going to get another tragedy of caravans when biden takes office and people feel old restraints are being moved? >> absolutely. i wrote an op-ed, steve, if he wasn't a president we would see a surge and it's already happen. you will put moratorium on deportations, you will end ice detention, you will give free health care, stop remain in mexico programs and thousand of asylum seekers, data shows 90% don't qualify, they are coming, he's trying to holding them back now. he made a promise. what's sad about the whole thing, he knew better, he was around 14, 15, hundreds of thousands of families came across the border. he knows what caused it and he made the promises despite tha

steve forbes with his perspective on this crazy week.uthern california high winds, rain and hail causing dangerous mudslides impacted by the wildfires washer, warning residents even after the rain moves through watch out for more mudslides with the ground being so loose. stick around we'll be right back. ♪ nicorette knows, quitting smoking is hard. you get advice like: try hypnosis... or... quit cold turkey. kidding me?! instead, start small. with nicorette. which can lead to something big. start stopping with nicorette ♪ limu emu ♪ and doug. and if we win, we get to tell you how liberty mutual customizes car insurance so you only pay for what you need. isn't that what you just did? service! ♪ stand back, i'm gonna show ya ♪ ♪ how doug and limu roll, ya ♪ ♪ you know you got to live it ♪ ♪ if you wanna wi... ♪ [ music stops ] time out! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ are you frustrated with your weight and health? it's time for aerotrainer, a more effective total body fitness solution. (announcer) aerot

steve forbes in this hour. steve hilton too and sean duffy joins me as well.dman has clout. he's a wall street veteran and widely followed. he frequently appears on this program. he's very worried about the state of the market. he is worth listening to because there is a lot to worry about. we're all enjoying this bull market which has been running for well over a decade. dennis gartner thinks it will end in tears. he takes issues with these spacs. that's where a sponsor, so-called sponsor, pulls in money and says i'm going the use it to make acquisitions. hundreds of spacs have hit the market recently pulling in tens of billions of dollars. did you know that the sponsor takes 20% of the money right off the top? that kind of fee, not based on any kind of performance, is unheard of. and they don't all have stellar reputations either. despite that, investors have been piling in, urged on by social media. gartner calls that, quote, greed and avarice, quote, end quote. he calls it stupidity and blind hope, end quote. he's shocked that wall street lets its happen.

connell: right, we were just talking with blame burman and steve forbes about the biden economic agendae timing of this , chad, could be tricky in terms of when that comes up to the hill when they're talking about this i heard you say mid- february but what could the impeachment trial do in terms of interfering with president biden's agenda? >> well keep in mind right now that they they've just confirmed two cabinet nominees lloyd austin was confirmed today on inauguration day they confirmed admiral haines to be the director of national ins, president trump had two confirmations alone, and next in the queue be tony blinken to be the secretary of state and janet yellen to be the treasury secretary and the covid relief bill could seriously side track this agenda. connell? connell: now before i let you go , fortunately we all made it through inauguration day which turned out to be a terrific day on january 20 but everybody has january 6 on their mind. still concerns about security at the capitol at this point? >> absolutely there's a lot having a lot of questions about whether or not repub

three most crucial stimulus, infrastructure, taxes and big tech regulation, austin goals be and steve forbes are here on what should be number one for team biden. after topping out on all-time highs on inauguration day markets making a late day charge for new record any gain for the three majors will cost for the russell 2000. restaurants remain closed due to the pandemic there is a new grocery service described stitch fix meets and sticker, it's hugely popular and parents and hipsters, founder and ceo is here in a fox business exclusive on why it's fast becoming the hot meal plus grocery kit. you will not be leave game stocks while bride a short seller got sucker punch by technology this afternoon in its efforts to slam the videogame efforts to stop. we will show you what happened during the widely promoted streaming case against gamestop which is actually jumping right now. fox business alert president joebiden as a markets charge higher, yesterday's rally coming and according to dow jones the best inauguration day for the nasdaq and the best performance for the dow and s&p 500 since ronal

that is for sure but let's bring in steve forbes to the show. what stays and what goes when it comes to donald trump's policies? >> certainly in the regulatory side they will try to use the congressional review act to repeal a lot of the deregulatory roles they put in place. they can go back to rules over 1,300 since august they can repeal that way and also they will do it by executive order in these agencies. that will hurt the economy, especially small businesses unfortunately, they have control of both houses of congress and only need a majority to invoke that congressional review act and they seem intent on doing it. that will affect labor regulations and other regulations which will put more costs on businesses at a time when that is not a good thing. ashley: well, that said joe biden says this thursday he will unveil his trillions of dollars contained in his stimulus plan or does that give a boost to the economy? is that a good idea or is that just way too much spending? >> the idea that government spending ultimately leads to sustained ec

will talk in a moment about what's been happening this week the future of the republican party, steve forbes will join us about the path forward to the gop, the rnc chair was reelected today, rejecting an early offer for help, capital police are coming under fire for dodging a helping hand from the national guard, what is really going on with the story we have new developments later on in our. the super bowl taken a hit companies are cutting back on their spending on commercials, we are live from chicago soldier field. we'll be right back. ♪ pay off my student loan debt. they were able to give me a personal loan so i could pay off all of my credit cards. i got my mortgage through sofi and the whole process was so easy. ♪ express yourself ♪ ♪ express yourself ♪ ♪ express yourself my body is truly powerful. i have the power to lower my a1c. because my body can still make its own insulin. and trulicity activates my body to release it, lowering my blood sugar from the first dose. once-weekly trulicity responds when my body needs it, 24/7. trulicity is for type 2 diabetes. it's not insulin. it is

steve: word to the bookers on our program can we try to peculiar for tomorrow steve forbes? chief of forbes magazine we want to ask him about this headline right here. forbes warns companies not to hire trump officials. we know he's watching. steve, just give us a call. we would like you on tomorrow. brian: we will talk about the flat tax, too. jillian mele, i don't have to ask you to come on. it's your job to be here. jillian: it's my job and i'm here. brian: reporting for duty. jillian: begin with extreme weather the rare winter storm hit the southern states as parts of texas digs itself out. city of waco seeing biggest snow storm since 1982. nearly 54,000 homes remain without power across the lone star state and louisiana. the and this firefighter having a little of fun making a snow angel. i'm sure a lot of people are doing that down there. joe biden says he will unveil his vaccination plan this week. he made the announcement after getting the second deals of the vaccine yesterday. >> my number one priority is getting vaccine to people's arms. it's going to be hard. it's

more dialogue after all he said there are too many unresolved conflicts in the walt visits to steve forbes szabo full we're counting on the us to return to the international stage and to do so responsibly biden says he wants to be good partners for peace and security. and for climate change too biden has rejoined the paris climate agreement he also wants to get the u.s. away from its heavy reliance on fracking and burning fossil fuels climate activists heard his promises turn into action. if biden succeeds combined with a push for innovation in renewable energies renewable technologies and nature conservation it will give huge momentum to international climate protection. germany can also expect to pay more gemini's defense minister says the country in europe should be ready to invest more in security. until now there was the possibility to hand over all difficult tasks to the us that weren't happen any more will have to do ourselves and germany can't say we're happy to pay but france can do it france will expect us to be there and take responsibility. back near the base the locals have ho

the guy's name is on the door, the chairman and ceo of forbes joins us now from his living room. >> how are you? steve tech companies we believe in diversity of opinion. that is an opinion from our chief content officer. he has his opinion. i have my opinion. here's my opinion. this is reminiscent of what we had in the 1950s during the mccarthy era with the blacklists, there are other dark periods in american history. people can express opinions, they value those diverse opinions. i think that shows strength, not weakness. >> he is using the resources of the world's biggest media brand to follow those people wherever they go. if you hire one of these people we will investigate you. >> this is an opinion piece, one of many diverse opinions we have at forbes. it is wanting to go after people who don't to the truth but do wrong things and in those go back to the kind of your we had in 1950s, with blacklists and the like. one thing we do going forward is try to tap down temperatures. this country has enormous challenges and enormous opportunities but we get these moments where passions go to wait. levels,

forbes media chairman and ceo steve forbes is here to respond. wall construction, what is the future for border security under joe biden, talking to acting cb commissioner, and jason chaffetz, charlie hurt, tommy laren, problematic. rob smith is problematic. a busy 3 hours kicks off 17 minutes from now. more "fox and friends first" in just a moment. storative skin th. with our highest concentration of prebiotic oat intensely moisturizes over time to improve skin's resilience. aveeno® healthy. it's our nature™. if these beautiful idaho potato recipes are just side dishes, then i'm not a real to imidaho potato farmer.nce. genuine idaho potatoes not just a side dish anymore. always look for the grown in idaho seal. it's moving day. and while her friends are doing the heavy lifting, jess is busy moving her xfinity internet and tv services. it only takes about a minute. wait, a minute? but what have you been doing for the last two hours? delegating? oh, good one. move your xfinity services without breaking a sweat. now that's simple, easy, awesome. xf

charlie, so many folks are talking about this, steve forbe really laid out how he sees thi as a big problem for small businesses that are still dealing with the pandemic, then you have the federal government step in and say you've got to pay your workers more in this environment. that hurts particularly restaurants. >> the economics on this are pretty clear commit that increasing the minimum wage thi high, particularly in certain areas of the country it just doesn't work great it causes jo losses as opposed to the obviou what you want to create is more wealth it creates less wealth. i know what liberals might say, here's the big wall street guy talking about minimum wage, wha does he know about that. my old man was a bartender and construction worker so i get th blue-collar what goes on in blue-collar people. blue-collar people need rich people to spend money. that's the bottom line. here is the problem that you have. in new york city can you imagin if you're in new york city, you business has been decimated because of the covid lockdown, and now your costs are going through the roof that y

dagen: james freeman, with the incoming biden administration steve forbes earlier in the week said ifhs would look like geniuses but there is a huge amount of pressure particularly from progressive left in the administration in congress, in the senate, to do more. and if you start -- slapping regulations, are back on businesses, and you even start talking about raising corporate taxes you are going to make it harder to pull out of this -- this pandemic flog make it harder for businesses to recovery haoifecovery recover small businesses to rebuild the problem. under obama-biden administration for 8 years we finally in last year, in 2019, saw wage growth for rank-and-file workers. they had ent seen wage growth like they saw in 2019 in a decade pages final growing dw faster than their bosses because of lower taxes less regulation but all the kind of government overreach, to recovery from 2009 or 2008-2009 recession made recovery that much harder, made it worse. >> i think unfortunately pressure not just from capitol hill but really the same message that of -- that president-elect biden h

dagen: great and thanks to nancy and steve forbes. great to see both of you so much to cover it today and the coming weeks and months. "varney & co." is right now. stuart, take it away. stuart: if you insist. good morning. dagen: get ready. stuart: good morning, everyone. by a narrow margin raphael warnock defeated kelly loeffler to become the first black senator from georgia. state law says a recount they be called if they is .5% or less and that is now .4%, so that could stretch out the timing of the final results. the other races too close to call with the democrat john ossoff leading david purdue by roughly 18000 votes, a narrow margin with over 4 million in total. as of now, here's the balance of power in the senate, 49 democrats, 50 republicans. that one in georgia race still to be called so control of the senate is still uncertain. stocks have been oliver the place. when raphael warnock's win was announced sharp decline. here's where we are now, dow jones down a tiny fraction, maybe five or six points, a small loss for the s&p,

steve: weren't those cages from during the obama administration? that's something else. here with reaction is "fox & friends weekend" co-host pete hegseth. pete, would toe he would to the story from forbesthese people from the trump administration, we will go after your company and investigate you which sent a chill down the spine of many many a ceo. >> yeah, of course, this is to be expected from the left. i will say a quick google serve, guys, showed an article from the "new york times." we know this. this is common sense that the article says it all. "new york times" august 2020 trump books keep coming and readers can't stop buying them. we have seen how many donald trump books were written in the last four years. mostly from a negative perspective, trying to tear him down. these publishers, guys, happy to profit off of that, made record numbers off of those books. so it's not about the name donald trump. it's how dare you be a part of the administration and maybe give your side of the story, which the side of the story the people who were actually there. remember when at the cemetery he was accused of calling veterans suckers and losers and that was based on a couple anonymous repor