stuart: okay. when she emerged from the studio after taping the show, she was greeted with shouts of lock her up, shades of trump's talk abouts at hillary clinton. remember? -- taunts at hillary clinton. diehard democrats are walking away from her. senator elizabeth warren will not say shing backs her for another run with biden, and gail collins writes about dropping harris from the ticket. the words kamala, removal are right there on the editorial page. this is not good for the country. we have an 80-year-old president, i hate to say it, but life expectancy comes into the equation and so does cognitive ability. if this president had to step down while in office, vice president harris becomes president harris. and given her performance so far, that would be a problem for all of us. third hour of "varney" starts now. ♪ ♪ stuart: jimmy failla joins us this morning. before we go to his commentary, which is going the to be the very good, i might add, i want everyone to watch second gentleman doug '

stuart: in general. reporter: yeah, i think people in general, i think people don't appreciate the debt that the federal government is racking up that's what i heard at the grocery store and other areas that i go, but when you talk about the debt ceiling negotiations as a hardline, here at the white house, about that debt ceiling, in fact, the federal government will reach that debt ceiling project ed in june, as early as june i should say. it's 59 days now without a negotiation between the president and house speaker, so i asked this. we're talking about the full faith and credit in the united states, we're talking about, you know, serious issue. why not, why doesn't the president just call for a meeting? >> you're right. we're talking about the full credit. wait. let me answer, i heard your question. we are talking about the full credit of this nation which is why we believe that congress should not hold this up. it should be done without condition, there should be no negotiations. reporter: and this p

stuart: lauren? lauren: yeah, just first of all, desantis hasn't even officially entered the race, okay? that's still somewhat of an unknown. i don't think he should take the bait. i don't think he needs to. todd: you think he is? lauren: i think he needs to rise above it. i think he's handling it well so far but it could get really bad and you might need to kind of stand up for yourself and then before you know it you're fighting back and i don't want to see that as a voter. i just want it to be a little bit more gentle. stuart: piers morgan, desantis had a smile on his face. todd: right. stuart: he really was playing nice. lauren: for now. stuart: change the subject. this is for you. the grand jury hearing evidence against president trump returns today at 12 noon. yesterday, they were told not to come to court. they are coming back today at noon. all right, you are a recovering lawyer. is the case falling apart? todd: that's the best way to describe it. look it wasn't much of a case to begin with,

stuart: yeah. susan: after this deal, they're in the top 25 now and goes to show if you don't manage your risk no matter how big you are or your balance sheet is, there is -- you could see a down fall. stuart: that was the measure for svb and didn't manage the risk. what did you have on tesla? susan: top performer on the nasdaq and up 2.5 and barclay says worth 275 and 50% worth the upside to a buy. deliveries beat in the first quarter and looking at $425,000 and price cuts only tesla can afford the price cuts more than every other car maker and we know that they're set to report those delivery numbers on the second weekend of a quarterly month. stuart: fabulous rally for tesla. susan: bitcoin, down four binance. stuart: under 27,000. susan: yeah. stuart: got it. thank you, susan. my next guest is the former mayor of clearwater, florida. last week he quit the job because of the city council's plan to spend money on a new city hall. watch this. it's good stuff. >> i'm concerned where the city is goi

stuart: yeah. i wanted to kind of start the show with that because it made such an impact on me when i saw it yesterday afternoon. i could not believe that you'd go from ice cream to this credful shooting. the man seems to have no sense of time or place. i said that at opening of the show, and i'll say it again. no sense of i'm or place. last word to you on this one. >> yeah, i totally agree with you. the country many these types of moments, they need a leader, and this is who joe biden was supposed to be, but that was not a presidential moment because, you know, he's joking about kids in the back. but there are three kids that will never come home, and he should have been, he should have risen to the moment and expressed the horror and the grief and spoken from his heart, and he didn't. stuart: okay. let's leave it alone for a moment. the next one is an irs agent visited the home of the twitter files journalist matt taibbi on the very day he testified before congress. irs claims it was over an iss

stuart. stuart: good, dan springer. good. they'll never learn. dan springer, thank you very much indeed. don't go anywhere. friday feedback is next. ♪ you'll always remember buying your first car. but the things that last a lifetime like happiness, love and confidence... you can't buy those. but you can invest in them. at t. rowe price, our strategic investing approach can help you build the future you imagine. y your ilild hadidiabet,, u'u'll le e how sysy dedexcom7 7 is. y your ilit's on.diabet,, d,d, he'ofoff. yocacaright on your phone,erers so you can always be there for yocacarigwith dexcom g7ne,erers ♪ choosing miracle-ear was a great decision. like when i decided to host family movie nights. miracle-ear made it easy. i just booked an appointment and a certified hearing care professional evaluated my hearing loss and helped me find the right device calibrated to my unique hearing needs. now i enjoy every moment. the quiet ones and the loud ones. make a sound decision. call 1-800 miracle now, and book your free hearing evaluation. these

real good stuff. >> that you can't, stuart. stuart: see you later. check the markets and rally for the dow but not nasdaq. we're up 160 on the dow industrials and that is -- what's that stock that's doing it all? lauren: sales force. stuart: that's the one. sales force, straight up and adam johnson with us this morning. what's this about you buying oil, not commodity but oil stocks. >> i know, i've been the one guy saying would you rather own technology stocks at two year lows or oil at two year highs? i being ingenuity growth guy and why would i buy boring oil? because boring oil has been under the gun. there's this whole macro trade that's happening where people are not looking at individual companies, they're just saying, oh, recession is inevitable. therefore we should sell anything that's hurt under a recession and the assumption being, well, if we're going into a recession, that means oil demand goes down, oil stocks are not going to make as much. sell the oil stocks. i disagree and think it's one sided and understand the logic behind it and it

stuart: all right. we got a banking crisis, strangely enough at this moment in time we don't have that much stock price movement. dow is up nine. whoopteedoo. nasdaq up 12, same story. s&p down five. not exactly a lot of price movement in a banking crisis but there you have it. three people in georgia have been arrested allegedly they were stealing baby formula. it has come to this. how much? lauren: $26,000 worth. two men, one juvenile behind bars, suspected stealing more than 660 cans of baby formula from across grocery stores across atlanta. officials told stores to be on the lookout. they see the three come in, steal 12 cans from a publix, went out to the getaway car. that is where they got them. they looked inside of the get away car, there were 660 additional cans. all in almost 700 cans, $26,000. some was very specific type, $45 a can. so they got caught. stuart: not. retail theft, called thingage in the business, is on the rise. lauren: more people are shop in store after covid that is causing s

stuart: i agree. he sided with them on climate and he doesn't want to go anywhere near defund the police. if you look at the details of that d.c. crime bill it's really crazy. todd: it makes no sense. like let's give car jackers a much easier time. pro-car jacker which is not a good campaign to run on. stuart: jury trials for misdemeanor cases, can you imagine this? todd: doesn't make sense. stuart: if you use a gun in a felony the maximum sentence is four years, not 15. todd: still the mayor vetoed this and she's a hard core left democrat herself. stuart: yes, she is. okay. all right, todd many thanks indeed. a number of democrats skipped out on a speech that president biden gave at a retreat in maryland. where did they go instead? lauren: the joanie mitchell tribute concert in washington. i might have done the same thing she's saying not one of her own songs, she did a cover that was amazing of "summertime" anyway these are the house democrats like max frost, dan kildy, but also senators klobuchar,

stuart: oh, god. i'd love to talk about this but i want to move onto this: this sex travion green ordinary. this is extraordinary. new grocery price inflation in britain hits 17.5%, that's an all-time high. how do you get that under control, nigel? >> we have to start producing more of our own food and not have so many solar farms and wind farms taking up productive land capacity. that would be one way but, look, ultimately inflation is a disease of money caused by government. if you look at the new money creation on both sides of the pond, you know, more money supply chasing the same number of goods, that means only one thing: persistent high prices, and i believe all the predictions from the bank of england and the fed that inflation will almost have disappeared by the end of the year are wrong, wrong, wrong. stuart: 17.5%, i can't see that coming down to zero in a few months. not going to happen. but i can see a nasty recession bordering on depression to get inflation under control. last 15 seconds

♪ stuart: okay. i was loving the music with the lovely sight of new york city empire state building. cold and clear. good morning, everyone. 10:00 eastern, straight to the money. the dow is now up 140 points, nasdaq up 73 points. very, very modest rally after all the selling. where's the yield on the 10-year treasury? that's very important after the nasdaq just backed away from the 4% level but still at 395. price of oil around $77 a barrel this morning and had been approaching 80 and now at 77. bitcoin, i don't understand with the collapse of so much in the crypto marketplace, why is bitcoin at $21,000? now this. for most of us covid we're still dealing with the damages of the policies in the past and for example novak joke vic and he can't -- djokovic and foreign travelers must have the job. i would have thought that the 2 million illegals who come here on biden's watch would qualify as foreign travelers but are not. they want djokovic to come to florida by boat. teachers and schools and soldiers a

stuart: okay. let's bring newt back in again. sir, esg -- this is my opinion, esg rules are about government control of your pension money. what say you? >> i say that joe biden just vetoed a bill which means that retirees are going to have less money. he's taking money out of their pocket for his left-wing ideology. every evidence we have is that, in fact, businesses that invest based on profit and loss make much more money than businesses that invest based on some left-wing ideology. so he is basically saying the government's going to check on your pension to make sure you lose money by investing in the things that left-wingers believe in. i think the average american would rather have their pension be bigger, and then if they want to help save the planet, he was the money in their pocket to do it. i don't think joe biden should be reaching into their pension for his particular pet hobbies. stuart: the i think it's outrageous, actually. it's an attempt to control private capital and push it into

stuart? stuart: brian, got it thanks very much indeed. look whose here now, greg jarrot , our legal eagle on monday morning. greg? you're an attorney. i would imagine it would take some pretty heavy duty lobbying to have alvin bragg drop the case. i can't see that happening, can you? >> oh, i can see it happening. i do think about a week ago it was 100% certainty that the grand jury would render an indictment, but a couple of things have happened, stu. sources are telling fox news that there is deception in the ranks at the da's office among seasoned senior experienced prosecutors. far more experienced than alvin bragg, with better records, and they see this as transparently political, because he's convoluted legal theory against trump is not supported by the law and certainly not by the evidence, and i think the other thing that's happening is the grand jurors may have now second thoughts after the testimony of michael cohen's former lawyer who described him as a predigious liar and can't be trusted and of course that's alvin bragg's sta

stuart: okay. are we prepared to take on china and russia together? and there's this, some senate democrats vote with republicans to overturn the d.c. crime bill. missouri senator eric schmitt, he's here on the democrat split. that is next. ♪ ♪ you'll always remember buying your first car. but the things that last a lifetime like happiness, love and confidence... you can't buy those. but you can invest in them. at t. rowe price, our strategic investing approach can help you build the future you imagine. with a majority of my patience with sensitivity, i see irritated gums and weak enamel. sensodyne sensitivity gum & enamel relieves sensitivity, helps restore gum health, and rehardens enamel. i'm a big advocate of recommending things that i know work. when you stay at a vrbo you always get the whole home because is it really a vacation home if you have to share a house with a host? ♪ only with vrbo with dexcom g7, you can achieve diabetes res without fingersticks. see how exercise affects your

stuart. stuart: that's terrible, phil. that's bad for property values in naples and bad for business and tourism. that's terrible. phil keating, fine report. see you soon. new college in florida, donors pulling their cash since governor desantis took over that school's board. what's the problem, lauren? lauren: 13 donors pulled $29 million from the liberal arts school in sarasota because governor desantis appointed six new conservative trustees to the board and these critics say new college is an experiment in governor desantis' conservative reform of higher education and they don't want their money to be apart of it. the other point of view is because de-tan t sanities is -- desantis is having the bigger say, some money could be going into state college. stuart: my next guest is chief executive of founder path. he's wiring millions to startups to help them make payroll after the svb bank collapse. he can't be doing this for free. what's he getting in return? i'll ask him, next. ♪ thinkorswim® by td ameritrade is more t

stuart: get him. lauren: so they're related, and they, you know, they say no one is above the law and republicans say, well, just the opposite. there's a bending of the law for political purposes. stuart: exactly, a misdemeanor? nobody is above that. lauren: exactly. stuart: we better leave this subject before my head explodes. let's go to the markets. good news there we're in the green. dow is up 140, modest gain in the s&p and the nasdaq. kenny polcari is here. do you see any impact on this indictment on the stock market? >> no. the political events like this will provide entertainment but it's not going to price stocks in the long run at all. stuart: good. okay look, we've had a pretty good week. we've rallied this week. i think the nasdaq is up 4.9% this month, by the way, so do you see this rally continuing? >> i do. listen, don't forget it's quarter end and month end so there's a lot of window dressing and reallocation of dollars going on and that's adding to this little month-end rally, but i d

stuart: enfaze energy. lauren: they're expanding in illinois to meet demand for residential solar systems and heating and cooling with solar. big demand up 13% and stock up 5.25. stuart: solar for your house? got it, thank you, lauren. a college professor thinks black employees should get extra paid time off to deal with fatigue and trauma from systemic residentism. we'll discuss that. racism. we'll discuss that. liberals on edge after lori lightfoot's landslide loss in chicago. it's a warning sign for the whole country. people are fed up with crime and feel unsafe. the president will release its annual budget blueprint this week and he's said he wants to raise taxes but not all democrats are on board and mark meredith has the report from the white house. mark is next. ♪ you'll always remember buying your first car. but the things that last a lifetime like happiness, love and confidence... you can't buy those. but you can invest in them. at t. rowe price, our strategic investing approach can help you buil

stuart: susan? >> 30. stuart: lauren? lauren: 27. stuart: my instinct is 27 as well and i did not look it up but i think the answer is 27. yes, the amendment was ratified in 1992 stops members from congress from giving themselves pay raises how about that? times up. "coast to coast" is now. ♪ baby i don't need dollar bills ♪ neil: all right, fox on top of stumbling banks, although they aren't stumbling as much. more in a second, but something that is getting worse, the jobs part. all leading to slipping stocks though, i've gotta tell you, as well, they have slipped a lot more. we've got you covered right now,

stuart: very large puzzle. the new york times claims trump's indictment is not a political prosecution. matthew whitaker, former acting attorney general of the united states joins me now. not a political prosecution says the time is. what says matthew whitaker? >> hard not to do a through line of before donald trump came down the escalator and after he announced he is running again, and to see how this da's office has treated donald trump. my understanding, in this indictment, these counts go back many years they are trying to suspend the statute of limitations due to him being at the white house and there's a lot of contortions. all you have to do is look at alvin bragg's words. on they want he set the priorities of the office, lowered prosecutorial standards meaning they would no longer charge certain felonies, no longer charge certain misdemeanors, the prosecution system, and at the same time, to get donald trump. even though everyone else was the enhanced we see donald trump enhanced by this office and that

stuart: real fast. what happens to the market if on wednesday afternoon, jay powell announces a 25 basis point rate hike? what happened? >> rate hike, that's absolutely baked into the cake already, but on the other hand if he announce s a pause or pivot it's going to be a rip your faceoff rally. stuart: rip your faceoff rally if he does nothing. >> [opening bell ringing] stuart: all right, keith we'll cross that bridge when we get to it. thanks. >> yes, we will. stuart: that is the opening bell , clapping and cheering and we're off and running and we've opened up this monday morning, directly opposite from where we were say two hours ago. the markets up, dow is up about 8 # points and the vast majority of the dow 30 are in the green this morning. how about the s&p 500. where is that in the early going , it is up just a fraction, and the nasdaq composite where is that today? it is down a fraction. no clear trend. how about big tech look at them across-the-board. meta, apple up, microsoft, amazon, alphabe

stuart: good. futures suggest a modest gain for stocks at the opening bell and i mean really modest. coming up 2024 republican hopeful vivek ramaswamy says if he gets elected, we're done doing business with china. watch this. >> we got to be willing to ban most u.s. businesses from doing business in china until the ccp falls or until the cc p radically reforms itself because there is no easy way out other than taking that band aid and ripping it right off. stuart: that sounds extreme to me. vivek ramaswamy though, he will be here shortly to explain. despite more than 11 million jobs open, a growing number of people are turning to part-time work so what does that mean for the workforce and the economy? we have a report on that next. ♪ me like happiness, love and confidence... you can't buy those. but you can invest in them. at t. rowe price, our strategic investing approach can help you build the future you imagine. with a majority of my patience with sensitivity, i see irritated gums and weak ena

stuart: mr. secretary the, the cartels responsible for killing americans, they say they dealt with the men responsible. are they afraid of a potential u.s. military response? >> well, the united states needs to be sure that we do in the right, stuart. i don't know what's in their minds, if they're afraid of a military response from the united states, but we've not shown the willingness yet to even secure our own southern border from folks coming into our country. i think the chance that this administration's going to do something inside of mexico very, very low. we know we have this responsibility, if there are those killing americans, if there are terrorists on our southern border, we have both the legal right and responsibility to make sure we protect america. i hope the administration will do that the, and i hope, more importantly, the mexican government will permit us to do the things that need to be done not only for americans, but mexico's sovereignty safe and functioning within the rule of

stuart: okay. don't tell me, we now have a cruise line in the most active, not most active but moving very much. lauren: it was up in a big way! earnings. this is the year for the comeback for cruises. they grew their sales at carnival close to prepandemic levels. i will define that for you. 4.4 billion in the first quarter. it was 4.billion in the first quarter of 2019. so close we're not as worried about covid anymore. we're spending a lot of money on ships t was a huge winner. now nothing. stuart: now it is not. it was a winner. now it is not. one more for you, work from home job postings. i believe they're hitting a record high in some cities, work from home. okay. lauren: michigan topped the list. first i said, wait, they have so many auto manufacturer plants, you have to show up at a plant. stuart: right. >> also the state closed down during covid the longest. lansing, michigan, tops the list. 39% of job postings are remote. you can work from home. look at that, compare to bradenton, florida,

stuart: that's the vw? that's competition for tesla. >> morgan stanley it says in the future, volkswagen might be the winner beating tesla in terms of sales. stuart: tesla is down a little today, thank you, we will see you later. coming up, minnesota's lieutenant governor allowing children to receive gender transition treatment is what it means to be a good parent. >> when our children tell us who they are, it is our job as grown-ups to listen and to believe them. that's what it means to be a good parent. stuart: listen and believe. elon musk responded forcefully to that. we will tell you what he said. kevin o'leary on the banking crisis, is it contained or what's? is on the show. dan crenshaw going after mexico as president again. roll it. >> this president is out of control. if you weren't sure if he was bought off, you could be pretty certain now. stuart: strong stuff, how do we find the cartels? leslie deals with that next. ♪ all the markets, we've still got red ink especially for the dow industrial d

stuart: apple. susan: google -- stuart: apple. stuart: would you stop it? lauren: i'm recusing myself. stuart: why? lauren: because we're not 130esed to drum up investments -- [laughter] susan: we're allowed to own stocks. stuart: happy st. patrick's day to you. [laughter] steven writes, we all love stu and lauren. and take a look at this picture. he sent in his two birds or watching the show. they don't seem very entered in us, do they? lauren: what are they saying? we have follow-ups. stuart: varney want a cracker? [laughter] susan: very good rendition. lauren: i do want a crack orer. i haven't eaten. stuart: what was your biggest investment mistake you've made, and what have you learned from it? okay. people boston market, lost my shirt, don't invest in airlines or fast food. susan. susan: pep e city, that was the stock -- the first stock i ever bought. stuart: will you answer this questionsome the. lauren: it was a shoe that rolled up, and i thought that would be a great idea. i made my father buy the stock as well. you wouldn't have hard of it. i have

stuart: can he do it. i am an englishman originally and i bought farmland in america when i was negligent in. you've got to taylor this, i don't think you can do it. >> we have to taylor down to our foreign adversary and look at it as a national security risk or energy risk. general america, it is used for fuels like ethanol and biodiesel. they are jeopardizing energy issues and national security. this has to be a great concern and we are looking at this. stuart: are you familiar with mud bog? >> a little bit. stuart: best soil in the world, 30 feet deep. it is very valuable. i would like to purchase some if you would allow an englishman who is now american. wish you luck with your legislation. >> has to be done. stuart: tell us how you do it. egg prices skyrocketing. farmers have been hit hard by an outbreak of bird flu, avian flu. lydia joins us, farmers have to spend more to protect their birds. >> this farmers preparing to invest $300,000 into bio security measures on top of $700,000 across all his far

stuart: walmart got an upgrade. stuart: they are up 1%. they will want 60, gain of $15 from here over the next two years, they expect traffic and margins to prevent for walmart to gain market share. stuart: if they get a mild recession people will go for the cheap stuff. is that right? brian: you were complaining about groceries, get cheap groceries. stuart: i'm going to move on. getting help from all sides. lauren: to start -- cut down the supply chain costs, what they are doing effectively. stuart: got it. listen to what janet yellen said when asked about irs agents who showed up on the door of matt taibbi. here's janet yellen. role it. >> during the few hours he's appearing before congress, irs agent leaves him a note, have you heard this? >> i've not. stuart: not aware? when does the political spin end? white house okay a massive oil and gas sale in the gulf of mexico, from climate activists who want to block them all. got the story. a train derailed earlier in minnesota prompting a town to evacuate. we speak to minnesota congressman o

stuart: you're all right, bill. >> thank you, stuart. 1-nil, you. stuart: to me? i don't think so. this is not a contest, lad. see bill on "america's newsroom" week cases only on fox if news. thank you, bill. >> thank you, stuart. stuart: senator john dependent orman coming back to the work on capitol hill. ashley, when is he coming -- >> reporter: yep. reportly planning to return the week of april 17th. the pennsylvania democrat has been receiving treatment for depression since mid pen at the walter reed military medical center, also suffer ised a stroke last may during pennsylvania's senate primary. it does remain uncertain exactly when fetterman will leave the hospital, but a person close to him confirms he will be back to his senate business after coming 2-week april recess. his return will be welcome news for senate democrats who have a slim majority and have struggledded to deal with absences over the last month. stu. stuart: ashley, thank you very much, indeed. we should check out the markets, we're coming up on close to the 2-hour mark of trading today. we still see green.

stuart: see you later. op-ed, china's quiet landgrab threatens our most valuable resource, the author, i'll congress when randy finnstrna. i will ask if he's willing to ban chinese purposes on our land. childcare marketplace, startup winning has been a client of spp for 7 years, the ceo says they picked the bank because they thought was say. we will hear from her and see if she was able to get her money back, we will be back, president biden pledged to do whatever is needed to help banks. is he talking about a possible 2008 style bailout. ♪ ♪ with dexcom g7, you can achieve diabetes res without fingersticks. see how exercise affects your glucose, making it easier to spend more time in range and lower your a1c. manage your diabetes with confidence. we got the house! you did! pods handles the driving. pack at your pace. store your things until you're ready. then we deliver to your new home - across town or across the country. pods, your personal moving and storage team. century lithium is advancing their

stuart: okay. all right, i want to move on to the housing industry. the real estate market. we just dot the latest read on mortgage applications. good or bad? lauren: good. good news ahead of the spring buying season. stuart: more applications? lauren: yes. volume increased 7.4% last week from the prior week, because more inventory. there are more homes on the market and i think potential buyers are saying well we don't see rates going down anytime soon. rates last week the mortgage bankers association quoted them at 6.79%. that's high, but still, you saw this rise in applications. stuart: i think mortgage rates have gone back above 7%. if they aren't there already, where the 10 year treasury hitting what was it 4% you'll be above 7% very quickly. that's the way mortgages look. lauren: the two-year moved 100 basis points in one month's time stuart: that's 1 percentage point to most people. lauren: that's a huge move in a month. stuart: it sure is. 10 year treasury now 3.93. next case, the senate ha

stuart: thank you very much. the pentagon called this unsafe and unprofessional. >> it's not uncommon for there to be intercepts of us aircraft over the black sea, in recent weeks there have been other intercepts, this is noteworthy, causing the downing of one of our aircraft. stuart: he is a drone expert. how should america respond to this in your opinion? >> we've seen these incidents happen when the uranian's, didn't respond, they could effectively down this on the us side and probably right. if at first, saying this was an accidental collision you don't bump into a surveillance drone at 20,000 feet in the air, this was a deliberate act that shows a major change when dealing with the us, sending a message and no room for mistakes. one wrong move by either side could start a war between us. us officials have been clear and careful both sides need to de-escalate this tension. it is not a stealth drone. it has been flying over that area for quite some time, even publicly, posting their location on social media, i

stuart: what? >> i just changed my identity. [laughter] good day for me to come out as a trans-pacific woman. stuart: just because they're pacific islanders and black. lauren: yeah. they looked at infant mortality rates, and i think want to see what happens if they insure that population gets better health care, perhaps, by giving them that money, and the salary cap is $100,000. stuart: so it's an experiment. lauren: lasts about a year. >> they don't point to the specifics of why the mortality the rates are what they are, when they say we're just going to spend money and see how it goes, that only makes problems bigger. i can tell you that as a guy who has gotten many in trouble at the blackjack table, let's see how it goes. stuart: i'll i'll take your word for it. [laughter] all right. that's politics and culture. let's get back to the markets because that's a very nice rally, folks. look at it go. 458 up for the dow, that's 1.4%. 280 points up for the nasdaq, that is 2.4%. and the s&p's up 1.7%.

stuart. stuart: that is important. mike, thank you very much indeed, moving on chinese officials are framing the trip to moscow as quote a mission of peace. kt mcfarland with us now. china says they're a peacemaker. do you believe them, kt? >> no. china's figured this out so they win no matter what happens. if they can negotiate a peace deal between ukraine and russia, china is now the new international global minister of peace in the new chinese world order. and if they don't, if the fighting continues, well, it is to china's advantage as well what does it do in war of attrition which is what this is, it bleeds out the russians for sure and pleads out united states and europe. the united states especially because we're spending what, $100 billion a year to pay for the ukraine war? china's maneuvered this pretty well but what i think is really the frightening thing is that china is now moving out very aggressively, very quickly to say, the world has changed. it is now the chinese world order and it is, we're in charge.

stuart: really? lauren: he calls that intimidating for business and nonetheless he's a big time supporter. stuart: that's a good idea. don't mess with desantis. don't do it. lauren, thank you very much indeed. a new poster launched an investigation on the content curated for young teens on tiktok. what she found was disturbing and we have the full story. book publishers bringing in sensitivity consultants to make classic novels more conclusive and the edits are pure cent sherif gross-bullockship. we're all over it and -- censorship and it's next. ♪ your best defense against erosion and cavities is strong enamel- nothing beats it. new pronamel active shield actively shields the enamel to defend against erosion and cavities. i think that this product is a gamechanger for my patients- it really works. stuart: jay powell is testifying before the house and when we get a headline, we'll tell you. lauren is looking at the movers and i want to stark with americk which is up -- lauren: down. they had a deal

stuart: got it. grady thank you very much indeed now the ceo of tiktok was asked whether it poses a national security threat to america. roll it. >> how can all of these countr ies and our own fbi director have been wrong? >> i think a lot of risks they have pointed out are hypothetical and theoretical risks, and i have not seen any evidence. i'm eagerly awaiting discussions where we can talk about evidence and we then can address concerns that are being raised. stuart: he sees no evidence that it's a national security threat to america, and andy biggs the gentleman on the right hand side of the screen joins us now. have you seen evidence that it is indeed a national security threat? >> well, the stuff that's been presented to us is that they are actually accumulating data and there seems to be a tie. i mean, stu, stuart, we start looking at the intelligence community of the u.s. , which i view as skepticism always, but they are united on this and they are saying that 150,000, or 150 million american

stuart: okay. there's -- stuart: any day. stuart: there's a new school choice bill in texas. it seems like that's very similar to the education legislation just passed in florida by governor desantis. are you guys -- [laughter] you know where i'm coming from here. are you guys on trump team copying desantis' education move? >> well, look, first of all, i'm not in the legislature, so i can't copy. i've been rye thing to get school choice passed for over a decade when i was in the texas house and the texas senate. we've had this idea here for year, we just have the right sort of position right now because we have statewide leaders who are all for it. we also after to covid experience have a lot more parents who are interested in school choice. so i think the stars have aligned, and i think more people are interested than ever just because of the trouble we have sometimes with some of our schools. stuart: is school choice a dividing issue and a big issue coming up in 2024? >> it looks to many me like, again, more and more people are open to it and in favor of it because they rea

stuart. stuart: on the limb, baby. thank you very much, martha. great stuff. we'll be watching you at 3:00 this afternoon and the story with martha maccallum only on fox news. back to the markets, mark tepper is with us for the entire hour. okay. obvious question, if the fed raises interest rates by 25 basis points this afternoon as expected, what's the market do? >> so -- stuart: do you have animals for this? >> yes. the interesting thing is when you look at the market from investor optimism standpoint, this is like the most bullish bear market ever. it just seems like investors continue to see every news headline that comes out through rose colored glasses. if the fed hikes by 25-basis points as expected, the other thing they'll do is reaffirm their confidence in our banking system, which should put some investors concerns at ease. but really the most important part of the meeting is this is a quarterly dot plot meeting and not just about 25 basis points now and how high are we going as far

stuart: got it. next case. 11 banks created $30 billion loan rescue package for first republic bank. i noticed first republic stock down again. what does this tell us? >> reporter: may be this rescue package is not having the consequences it intended, which is to counter depositors of first republic, saying it would prevent possible collapse like we saw in signature bank as well but we are seeing a reversal on the gains initially made from first republic after the news of this incredible rescue. take a look at the 11 banks we see, deposited between one. $5 million each, this is an effort to protect the entire banking system from widespread panic, the banks in a joint statement said this action by america's largest banks reflects their confidence in first republic and banks of all sizes and demonstrates the commitment to helping banks serve customers and communities. as they get a boost, smaller community banks are saying they are concerned about being forced to pay for the risks taken on by silicon v

stuart: good. congressman, former president trump's calling on his supporters to protest ahead of his possible indictment. speaker mccarthy says do not protest. where do you stand on this? >> well, i think the american people should protest when we have a republican nominee in 2024 and protest with their vote and their feet and go out there and support the republican nominee. it is the american ability to be able to peacefully protest and if individuals and americans want to do that peacefully, then they have the ability to do that so i would never tell anybody they can't protest peacefully because they have the ability to do that but i think what the american people should do if all this ends up happening the way it's going to happen is use their vote and their feet to go to the ballot box in 2024 and elect a president that's going to change all of this corruption stuart: congressman stuebe, thank you very much. i'm glad you took time out for a busy day. you're okay to fly now, you've recovered fu

stuart? stuart: definitely. ashiah, thank you very much indeed. >>> china is boosting defense spending by more than 7%. to me it looks like china and the u.s. may be lining up for war. kt mcfarland joins me. am i being a little extreme here, lining up for war? what do you say? >> stuart, i think you're absolutely right. look the chinese government, the chinese communist party told its people for decades we're going to prioritize economic growth at expense of everything. we'll give you a great life but you have to give us all the power. now what they have done this year with this new big increase in defense spending they said, economic growth is no longer our first priority. our first priority now is to build up a very high-tech state of the art military, particularly to challenge anybody who is going to stand in our way to take taiwan. so i do think we're heading down this direction and tragically the united states is so focused yet again on another part of the world that we've taken our eye off of the ball in a

stuart: got it. governor, thank you very much for being with us, and mell of a hess will live many -- in my head for a long time to come. [laughter] you're all right, governor. thanks a lot. >> thanks. stuart: the late read on the economy came in about an hour ago, half hour ago. lauren, this is the fourth quarter of 20 the 2 #, right? lauren: so it's the old -- stuart: looking backwards. lauren:st the important because of the banking situation we have now. for the end of last year, growthic thed down 2.6% growth in the fourth quarter. consumer spending dropped off, a gain of just 1%. now you have banks right thenning lending and consumers -- tightening lending and consumers who might have pulled back at the end of last year might have a hard time getting crept, so they might cut back even more. stuart: 2. 6% annual growth in the economy looking backwards. okay, got that. now, looked at futures this morning, very much in the green again today. dow's up about 186 odd points and the nasdaq's up 81. rya

stuart? stuart: we got it. legalization and recreational marijuana just not working in new york city. st the everywhere. thanks very much, madison. see you again soon. >>> now this, there's an election coming in the chicago. one candidate is pro-police. he has an unlikely supporter. all right, ashley, who is the pro-police candidate supporter, and why is this important? >> reporter: well, his name is arne duncan. he served, as you may web, as the secretary of education under president obama. and duncan wrote an op-ed for the chicago tribune in support of mayoral candidate and his pro-police stance. country can so that value las is the best hope for a safer chicago. ultimately, duncan says he can provide the much-needed reform that's needed at the chicago police department. by the way, the runoff election will be held april 4 which is next week. the. stuart: comes right at you, count it? thanks, ash. >>> an irs agent visited the home, the home, of the twitter files journalist matt taibbi. this happened on the ve

stuart: well well well. jay powell testifying on capitol hill, made some remarks about increasing the pace of rate hikes in the future, that took a market down 200, came back a bit, still down one hundred 74, powell is still testifying. the senate banking committee by the way. there is this. tiktok announced a new way for content creators to make money adding a new feature that will allow those creators to share longer videos, up to 20 minutes for a fee. the pentagon warning about chinese cargo vessels operating in america. kelly o'grady, is this about spying? >> reporter: it is. we have a new chinese spy threat on our hands so you can see these cranes behind me used to move containers from ship to shore and the concern is the kind made by a chinese manufacturer to spy on us, reportedly national security and panda got officials have compared these to a trojan horse, they are expensive but contain sophisticated sensors that can register and track those containers prompting concerns china could capture informa

stuart: i'll take it. you've got a new documentary on fox nation and called called the death of hollywood. >> what happened to hollywood is it became a big dumpster fire. >> what happened to hollywood is the ideology from one side has completely infiltrated the whole culture there. >> they're slaughtering everybody else. you didn't know that? >> i don't know if there's a black histoof conservatives in hollywood because my lack of rules has always been due to my lack of ability. stuart: i'd be happy if they did an honest movie about china. >> could you imagine. they couldn't because it couldn't show in china and lose most of the box office receipts. this is the joke of hollywood, okay. they don't realize, no snow valley one took them southeaster and we didn't tune in because we took them seriously. we don't know them as intelligent people but people that hit the genetic lottery and so spectacularly good looking and pay $30 a popcorn and read the words written by a fat guy like me. that's why you go to a mov

with stuart: two of the four stuart: two of the four u.s. citizens kit napped in mexico are dead and the two others are back in the unit. congressman, these people were kidnapped and killed by the cartels and how do we deal with the cartels? deal with them inside america as a law and order fbi issue or do we send in our military into mexico? which way do you stand? >> we have to do both. i think it's time to label cartels for what they r. they're terrorists and they're terrorizing not only migrants and people on the border and now they're terrorizing americans and they were killed in broad daylight and something has to change and i have a bill, the security first act that labels cartels as terrorist first osars and it's time to take the gloves off and biden administration has done nothing and only emboldened these actors and i was in uvalde the other day and a gentleman told he this story where he had his granddaughter for the weekend and his wife was giving his granddaughter a bath and there was an illegal alien that broke into their home a

stuart: they're covering it up. lauren: there's information that could have saved the lives of millions of people around the world if it was addressed early on in the proper way. stuart: i think we've got at least one democrat congressman calling out the administration -- lauren: yep. stuart: -- about their response to covid. who is it in. lauren: not only a democrat, a democrat from california, congressman sherman, and he completely rips the administration and the state department. watch here. >> state department has done almost nothing to tell the world how china's responsible not maybe for the virus, but certainly for their obfuscation and failure to cooperate afterwards. lauren: like i said, lives could have been saved. so you have this glowing chorus of officials -- growing chorus of officials saying china is bad, and then you have the administration that appeases china. we heard from the state department spokesperson, ned price, and he won't even say when asked if there will be consequences for china repeatedl

stuart: yes. todd: for the mothers and father s who aren't going to have that kid at that table anymore. stuart: where is the mention of mental illness? where is that? todd: that's the issue here. stuart: where is it? no mention whatsoever. todd: because it doesn't fit the narrative so if it doesn't fit the narrative, stu, they are going to avoid it and you notice they immediately went to guns as soon as they knew that the profile wouldn't fit their narrative. if this was white supremacy we would still be on that and guns be the secondary layer of the story. instead, once they realize it didn't fit their narrative, immediately guns and that's sad especially when you hear the stories coming out of nashville, tennessee right now. the stories of heroism, good americans. it's so sad. it takes my beth breath away when you hear these stories. stuart: is it going to work in 2024 and i ask the question because i want you to see this poll. biden's approval rating is all the way down now to 40%. it's not qu

stuart: 30 seconds. if president trump was the president, would all this have happened in >> there was a healthy fear of what president trump would do. i want our enemy, i mean, you can be liked, respected, and feared and i want our enemies to fear us. he was the first to arm ukraine in the first place after obama threw blankets at the problem literally, and i think they absolutely won't have done this. stuart: congressman mike waltz, always a pleasure. thank you very much, sir. we appreciate it always. thank you, sir. now this, ben and jerry's founder, one of them, ben cohen, is the top donor to a group campaigning against u.s. supporting ukraine. ashley, come on in, please. on what grounds does ben cohen want to hobble ukraine? ashley: well, he's antiwar. he says peace is the way to go and public records show by the way, stu, that ben cohen has given more than 1 million to the people's power initiative. that's the group that runs the eisenhower media network keeping up with this and that in turn is run

stuart: trump's fault. stuart: everything is trump's fault. back to the markets, the rally holds. 40, 50 minutes into the trading session, the dow up 200, nasdaq up 150. i know you are predicting trouble with municipal bonds. states like new york, illinois, california could get into serious deficit situations. do you think the muni bonds of these states would default? >> i hope none of this stuff happens. what i'm endeavoring to look at is something objectively. we are in the earnings of a ballgame, we have strong migration over the last three years, many moved from new york, new jersey, illinois, these are high income tax states, if they lose these residents, in new york alone, 70,000 people in 2020, $34 billion of tax revenue disappeared? have they been making cutbacks in anticipation of less revenue, looking at more money, and covid 19, has obviously seen this work from home revelation that is lingering in our economy. look at municipal bonds that are backed up by mass transit, commercial real estate, general city obligations, those are hav

stuart: how do i make $2 million? >> by the book. stuart: thanks very much. got to make way for girl scout cookie story. the newest cookie is sold out. i am told they are fetching a huge price on ebay. lauren: the new raspberry rally, mint with raspberry in it, $180 on the resale market on ebay. it is a new cookie. you can only buy it online. it is not sold out everywhere in the country because the girl scout organization makes certain numbers available but in some parts of the country you can't get them. apparently they are the price tags. the only thing is when you do it on the resale market, don't give money to the troops so they can't give it for their activities or charities. i am surrounded by billionaires and i have my girl scout cookie order forms hear if anybody is interested. stuart: a raspberry rally. >> that's all that where i am. stuart: i am going to move on. steve hilton, taylor riggs and dagen mcdowell, congress has rejected the dc crime bill, and president biden has vetoed it, at the same time the president threatening another bito with gover