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tv   Varney Company  FOX Business  April 17, 2024 11:00am-12:00pm EDT

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>> in all likelihood, he's not going to win new york, but dot, dot, dot can, you never know. they are looking for change, and to them trump could represent that change. >> substantively, i get tired of the class warfare and, candidly, wages grew the most after trump's business tax cuts at the lower income levels. >> what i don't understand is why in this country we allow people to immigrate here who hate america. i think we should look at all of these protesters. if they're not american citizens, if they're here on visas, whatever, time to go home, right in time to get out of this country. >> one of these things that's troubled me a lot specifically with this gag order is the one-sided nature of it, the gag order against trump but not against cohen. >> what our history looks like, what our policies really should be, etc. ♪ well, shake it up, baby, now. ♪ shake it up, baby.
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♪ twist and shout, twist and shout ♪ stuart: this came out in 1963. it was the one song that you didn't want to watch with your parents in the room because john's going crazy on this one. >> ferris bueller's day off. excellent. lauren: it was too sexual back hen? stuart: that wasn't the point. he's got long hair and fooling around all over the place. [laughter] that that didn't go down with my parents very well. went down with me. it's 11:00 eastern time, wednesday, april 17th, and the markets are all over the place. dow's up 4, s&p's up 1, nasdaq's down 17. check big tech, please. mixed picture right there. we do have alphabet, apple, microsoft, amazon up. meta, though, has dropped below $500, 498 on meta. here's what motivates the markets these days. the 10-year treasury yield, today it's down a little, down 4 basis points, but you're still at 4.62. and now this.
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donald trump is confined to a new york city courtroom for the weeks and maybe months of his trial. if that's what the biden team wants, stop him from campaigning. what we saw in new york yesterday suggests that that strategy has backfired. tuesday after court trump went to or harlem. talk about grabbing political advantage. trump went to the bodega on the left-hand side where two years ago a clerk, jose alba, had stabbed and killed an ex-convict who was attacking him. alba was charged with murder. it took three weeks for the radical d.a., alvin bragg, to drop the charge. alba had to leave the country. you know, new yorkers are outraged at the crime and injustice, and that is the back with drop to trump' -- backdrop to trump's bodega visit. he was greeted by a large and diverse crowd that loved him. one woman called him my tiger if spanish. there were chants of usa, usa. trump used the occasion to
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expand his campaign. he wants to win america's cities. if harlem's reaction to him is anything to go by, he's got a shot. biden can't do anything like this. he can't play a crowd, he can't engage. he rarely answers questions. his campaigning is heavily restricted. what a contrast. biden's basement strategy and trump's bodega strategy. trump campaigns the moment he gets out of the courtroom. biden campaigns where and when his handlers let him. just think of it this way: do you think biden could go to harlem and be deleted -- greeted by cheering crowds chanting usa? no, it would be genocide joe and death to america. third hour of "varney" starts now. ♪ ♪ ♪ if. stuart: mollie hemingway with us this morning. after what we saw in new york yesterday, do you think trump has even a long shot chance of
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winning america's big blue cities? >> well, new york city is notoriously hostile to donald trump which is why it was so interesting that at that bodega visit which that city is a regime strong thehold, he was getting chants of four more years and people praising him. but it's a good strategy because a lot of americans view democrat policy as harming the country. yes, the hack of a border, the foreign policy californias, the economic policy disasters. but they also feel that way about democrat-run cities as well. so he can do this every day. he can go and sort of point out all the problems with democrat governance whether it's immigration, you know, he can go to some of these migrant shelters, he can vicinity crime-ridden spots -- can visit crime-ridden, spots, and it reminds people of how corrupt this prosecution is. al a have you been bragg is not doing anything to deal with climb in the city, he's just running a show trial against his party's top political -- stuart: and a performance like that in harlem yesterday, that
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points out the contrast with president biden. as i said in my take there, i don't think biden's capable of doing that kind of visit either in harlem or any place else. he just can't do that kind of campaigning. >> it's not just that he's not capable of doing that visit, he's not capable of getting that kind of reaction. so as the democrats continue their strategy of trying to imprison and bankrupt their political opponent, it does, it does -- it means that a lot of people feel that donald trump is willing to do a lot on their behalf including facing bankruptcy, prison time. and so it enginedders a lot of love for him -- enginedders. whereas what biden ooh to -- biden is doing, he's not engendering that kind of love and respect. he's not going to get that kind of reaction either. stuart: i'm sure you saw this one, but denver's mayor, mike johnson, he's taking $8 million out of the police budget and giving it to the migrants. [laughter] it's come to this? that's pretty raise can city, i'd say. >> well, the situation in denver is very bad. denver is very proud of being a
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sanctuary city. they have brought in tens of thousands of illegal immigrants, and it's hurt the city's budget, also has dealt with all sorts of taxing the public services there, and it's caused a lot of problems for neighboring counties as well to the point that neighboring counties are trying to take action to deal with some of the pill over of this -- spillover of this sanctuary city that denver has become. it is a big problem. it's -- a lot of people, a lot of taxation and now, of course, it's affecting the police budget. and the denver mayor is saying knot a big deal, but denver is another city that's dealing with crimes and problems associated with a massive influx. i think they have the biggest influx of illegal immigrants per capita of my city in the country. stuart: i wonder if trump could win denver. a long shot, maybe, but i wouldn't be surprise. >> exactly. stuart: mollie hemingway, see you again soon, i do hope. thank you. check the markets, please. you know, we opened higher. looks like we're heading south. dow's off 30 now, nasdaq also
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down 30 points. park tepper with me morning. how does the market rally when powell says there's not enough progress on inflation? >> it certainly looks less likely the fed's going to cut, and, in fact, there probably will be some discussions about the pearl for possibly another hike. -- the potential for possibly another hike. with the fed funds rate at 5.5%, financial conditions right now are as loose as he were back with during the pandemic which you might say how is that even possible. two words, janet yellen. so what i fully expect to happen that after you add in tax receipts, the treasury general account will have over $1 trillion in it. whenever it gets up that high, they typically drain it town to about $250 billion. so i 100% expect janet yellen to pump $750 billion or so into the economy between now and the election are which will continue to grow the economy even if it is via performance enhancing drugs because that's essentially what this fiscal stimulus is,
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but that is offsetting everything or the fed is doing right now. stuart: $700 billion chucked into the economy to get the fed's to balance sheet down to 250. that will help the economy but probably worsen, inflation. >> without a doubt. yeah. i mean, the fed is swimming upstream. it's very challenging for them. and, look, if jay powell is able to remain apolitical and not cut just for the sake of, you know, keeping biden if in office, janet yellen are will be political, and and she will drain that down to about $250 billion and put it to work. stuart: fascinating. stay there. more in a moment. listen to this, it's just coming at us. uri berliner, the veteran editor at npr, has resigned after the outlet suspended him for a week without pay. he just posted this on his twitter account: i am resigning from npr, a great american institution where i've worked for 25 years. i don't support calls to defund npr. if well, go. lauren: and he had slammed their new ceo, or katherine mayer. she's 40 years old, on social
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media. she's called donald trump racist. she blasted hillary clinton for using the words boy and girl because they're not if inclusive enough, and he says he does not want to defund the company where he's worked for 25 years, but he cannot work under a woke ceo like that. stuart: that's an extraordinary development here. i wonder what it was like when he walked back into the office -- lauren: i don't know, that's a good question. stuart: did he will go back in the office, face the people that he called biased? lauren: right. was he a hero or a villain? stuart: i'm going to -- there's an extended quote here. again, this is uri berliner, more of what he he said. i cannot work in a a newsroom where i am dispagerred by a new ceo who's -- whose divisive views confirm the very problems at npr i cite in my free press essay. so east in revolt against his own employer because they're biased. he actually said npr had taken steps deliberately to damage donald trump's presidency. and that's not what a
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taxpayer-supported network should be doing. lauren: look, he's in the headlines now. he can get a podcast, he can get a book deal. he'll be okay, and he has exposed what is supposed to be journalism that's not political. stuart: i think he's a good and brave and sincere man. hat's off, map. hat's off. you're back. we need more news on the movers like tesla, for example. up lauren so i think wall street is restless right now. is elon musk making that a $25,000 car or not? because that would be one of two growth catalysts for the company, that and the row bow taxi. robotaxi. earnings are tuesday. elon musk should comment further about it. stock's down 37% this year. stuart: $15 aon tesla -- 155 on tesla. united airline, they're surging 11%. lauren: look atta. and taking the airlines with them. this is despite a $200 million hit because of the boeing safety crisis. united sees a strong spring and summer travel season. they lifted their forecast for
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this quarter, if this is happening as the boeing whistleblower will be on capitol hill today. the united ceo says the dreamliner, which the whistleblower says can fall apart midair, is safe. stuart: yeah. that's pretty dramatic testimony, fall a apart in midair. hal get your attention. united up 11%. interesting. thanks, lauren. coming up, attorney general merrick garland says president biden has no mental impairment. that's not what special counsel robert hur said, and that's not what we see on a daily basis. bill hemmer has the story coming up shortly. senator josh hawley ripped into energy secretary granholm for misleading congress on her stock ownership. watch this. >> you have violated the stock act nine separate times. you have been referred by the inspector general for violations of the hatch a act -- hatch act. it is constitutional -- institutionalized corruption that you are now the face of. stuart: the senator wants her to resign.
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it was a fiery exchange, and we've got it all for you. the department of justice has still not announced an investigation into the groups who led chants of death to america. that was in michigan. why not? if michigan congressman john james is here to take that on next. ♪
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stuart: happening now, the president of columbia university testifying on capitol hill. this is all about anti-semitism on campus. finish lydia hu has the story. any fireworks so far, lydia? >> reporter: stuart, not yet. it's been about 45 minutes, no fireworks yet, but we do have to acknowledge that the columbia president has had about four months to prepare for this. the that's when the last a hearing took place and we saw all the fireworks that
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ultimately led to the resignations of two university presidents. so far, stuart, he has act. knowledge pd a rise in anti-semitism on campus, but she insists the university has taken action. but still, take a look at your screen. protests, demonstrations on campus continuing to unfold. this is from today, stuart. the university tells us these protests here that you seeing are presenting a safety concern, violating university policies. they're telling the students to leave. and even before the hearing started today, students spoke about what they continue to endure at the university. watch. >> after all the attention a few months ago, it's shocking that i still have to deal with a hostile learning environment and an administration that is the unwilling or unable to enforce the university's own policies. and anti-semitism task force was created to placate concerned students, but all it does is collect data. >> reporter: congresswoman elise stefanik is promising to hold columbia and the president
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accountable. watch. >> well, certainly with her failure to condemn anti-semitism, yes, that is going to be exposed in full at this hearing no matter how much preparation. the facts are there. this is rampant on columbia, and it's one of the dens of anti-semitism that's the worst on college campuses. >> yeah. >> reporter: speaking of anti-semitism on the campus of columbia, anti-defamation league issued its campus anti-semitism report card. it examines 85 schools and assigned a grade ranging from a-f, columbia got a d as in dog in its efforts to combat anti-semitism. stuart: d as many dog. you had to put that in. >> reporter: i had to make sure we understood, it wasn't a b, it was a d. [laughter] stuart: lydia, great stuff. thank you very much, indeed. let's get back to the protesters in michigan who were chanting death to america. five republicans are now calling on the department of justice, hey, investigate this. if michigan congressman john
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james is one of those republicans, and he joins me now. congressman, you can go -- you know, you can go after parents at a school board meeting, but you can't go after people who chant death to america in america? what's going on here? >> look, i've been to war in iraq, and i actually fought against terrorists who were trained by the iranian militias. when these people say to america, we better take them seriously. and we're just asking the doj to apply the same standard to people who chant death to america, the same standard that they apply to republicans. but apparently for these people, liberal, liberal violence is speech but conservative speech is violence. we have to get back to sanity. we're calling on merrick garland to do the right thing, investigate these folks, find out if they are a threat to america and make sure that, if they are, tear held accountable. stuart: michigan is a very important state in this upcoming
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presidential election. do you think biden can win it with all the opposition he's facing in michigan? the. >> jan's the -- michigan's the most important state in the entire united states, and i believe that wholeheartedly. but, frankly, joe biden is doing everything or the opposite of what he should be to address the needs of michiganer thes. that's why the people in michigan in overwhelming polls most recently by 7 points choose donald trump. we've seen both options, and we had a secure border under donald trump, and now we have a border where cartels in one del rio sector, i went to visit the del rio sector, cartels are making $1.6 billion per year. fentanyl's pouring into our country. we're losing 110,000 americans per year, and 10 million or more illegals have crossed into our nation under cruels -- rules that joe biden has repealed, and we had a secure border. we have international chaos that joe biden, through his weakness, has created. we also have inflationary pressures where everyone is paying these swrung fees that joe biden seem to be so up in
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arms about. we need to get our country back, and the best way to do that is to make sure we pay attention to what's going on in michigan, actually focus on the bread and butter, the meat and potato issues; lowering inflation, securing our border and bringing peace back the way we had it, peace through the strength. stuart: president biden has written an op-ed in the "wall street journal." he says it's the moment of truth for ukraine and israel. he's calling for the house to pass a foreign aid bill for both those countries. you're on the foreign affairs committee. speaker johnson says there's a vote on saturday. are we going to get aid for both -yard line and israel? -- ukraine and israel? >> i certainly hope so, by also -- but with i also certainly hope our president does his job and articulates to the american people something i would expect my lieutenants to do? i served as a captain in the army, and what i did as a captain was i clearly communicated the mission, the end state, the objectives with transparency and accountability up and down the line.
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joe bide, our commander in chief, has failed to do that. we under no circumstances after joe biden's fail offin afghanistan what were failure in afghanistan where we saw 13 americans die can we watch our enemy in russia roll through kyiv in victory. of we have to keep our promises to our allies or american influence will be dead all over the world. we have to believe in peace through strength, and we also must secure our border. that is nonnegotiable. joe biden and america has to do both. stuart: quickly on this, there's a huge copper deposit in alaska. biden says we can't touch it, can't even build a road to get to it. you're on the energy and commerce committee. do you agree with shutting down the huge copper project in alaska? >> the white house is a place for leadership, not for act slip. joe biden is completely in bed with the left-wing environmental aists hard -- environmentalists that are completely opposed to america we's growth and development. even democrats aren't onboard with joe biden's terrible
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regulatory policies. even don davis is not onboard with joe biden's tailpipe if emissions. i'm leading the congressional review act to hold the biden administration accountable for regulations that will crater jobs in my district and in my state. we have to hold this administration accountable for its activist policies that are going to send america back to the stone age and make china, russia and iran stronger. stuart: a forceful congressman john james from the great state of michigan. thanks very much for being a force on our program today, sir. we appreciate it. see you soon. now listen to this, the alaska airlines, the faa just issued a ground stop advisory for them. alaska airlines released a statement saying they experienced an issue while performing an upgrade to the system that calculates our weight and balance. regards to the stop, it's up -- the stock, it's up 2%. next, missouri senator josh hawley calling on energy secretary granholm to resign. ashley, this was a pretty heated exchange between the two of them. take us through end what happened.
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what happened. a. ashley: it certainly was. senator hawley blasting granholm saying that the energy secretary violated the stock act nine times by failing to disclose $240,000 worth of stock sales within the legally-mandated time frame. watch this. >> why did you mislead us and what were you hiding? why did you wait so long? why did you hide this? >> i did not hide it because i brought it forth to the committee when i realized that we had made a mistake. >> really? if what explains the delay? why did you wait for a full month to explain your false testimony to this committee? >> that's less than a month, and i sent a letter explaining what had happened -- >> may the 15th to june the 9th, are we going to --? >> [inaudible] a stock -- >> you have violated the stock act nine separate times. you have been welcome back referred by inspector general for violations of the hatch act. it is institutionalized corruption that you are now the
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face of. ashley: ouch. now hawley also accused granholm of allowing agency employees to own individual stocks, and last year "the wall street journal" reported that hundreds of senior doe officials owned stocks related to the agency's work. oh, yes, a potential conflict of interest. granholm says her agency has has a strong ethics office that reviews all relevant transactions. apparently not, stu. stuart: quite a fire, wasn't it? we just told you that senior npr editor uri berlin arer has resigned. he said he will not work for a ceo who disparages him. big deal in the media industry. bill hemmer responds next. ♪
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stuart: on the markets this morning, now we've got a ton of red ink. dow's off 80, nasdaq is off 65 points. mark tepper's with us. he's bot the stock picks with him, his stock picks. pnc energies only down a fraction today but you like it. >> yeah.
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so their new marketing campaign is brilliantly boring which i think translates through to the stock as well. it's paying a 4% dividend. it is a regional bank, and we've seen some huge performance divergence this year from the bigger banks and the regional a banks. and a lot of the issue, obviously, is commercial real estate exposure. so with some of these smaller regional bank, up to 40 % or so of their loan portfolio is commercial real estate. with pnc, that's not the case. they've been unfairly punished, only 11% of their that portfolio is commercial real estate with only 2.4% being office space, so i like the valuation. stuart: 146, where's it going? >> 25% upside. stuart: okay. i'm tryinged to do the math. what would that be? okay. i'll figure it out. you always go back to the same group of stocks,, the dating people, match group. >> which is weed because i'm too old to have's appearanced tinder and hinge, is so i've got to lean on the gen-zers at my office to give me the research. this is the tinder, hinge,
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match.com. and one of the issues this stock has had is they had a ton of pull-forward in users during covid, obviously, because, you know, bar traffic turned into dating app traffic. the stock has come down quite a bit because they were focusing on adding paid users. that's the wrong metric for them. they are now pivoting towards fewer paid users but more revenue per user. they're rolling out an a.i. system that's going to help to better optimize matches and eliminate bots which has been a complaint that some of these people have on these apps. i wouldn't know firsthand, stu. stuart: neither would i. [laughter] moving on. attorney general merrick garland defended biden's mental fitness. watch this. >> have you ever seen ed of impairment in your meetings with the president? >> well, i have seen the president effectively guide the members of the department, of his cabinet and his military.
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>> you won't say you ever seen any if impairment on his part in. >> the president has no impairment. the president -- >> you're never seen any -- you've never seen any. >> i don't know how many ways i can say this. of i have pleat confidence in the president -- complete confidence in the president, and i reject your characterization. stuart: he was pretty emphatic. bill hemmer with me now. we report on the president's physical and mental decline and what we see as his mental decline. and robert hur in his report, he said biden's got a poor if memory. why will garland not release the tapes from robert hur's interview? >> i imagine -- yeah, great to be with you, by the way. i love being on your program. stuart yeah, right. [laughter] >> this whole match thing, let's get in on it. listen, he said the president has no impair. , he tried over and over again. i, just, the president's making three days of campaign stops this week in pennsylvania. you know, scranton yesterday, pittsburghed today, philadelphia tomorrow. let the voters decide. watch the speeches, watch the presentations.
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what i thought was most interesting yesterday afternoon, i guess it was, the speech in scranton, i watched most of it. i didn't see a single cutaway to the crowd. so i don't know how many people were there. versus how many members of the media were there. and we'll get a measure of that in pittsburgh again today and just decide for yourself. stuart: a development in the media industry, i'm sure you're aware of it. it's happened this morning. the veteran editor at npr, uri berliner, he's resigned. he was suspended by npr for a week without pay. berliner called out the network's left-wing bias against trump. that's why he was suspended. here's what berliner said as his resignation today. i cannot work in a newsroom where i am disparaged by the new ceo whose divisive views confirm the very problems at npr i cite in my free press interview. big deal, bill. >> it is a big deal. and i understand the 5-day suspension. he went around their use and
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practice that's set up as a company. you could not do that here and neither could you at a your companies either: so i understand the suspension. but the way he went after npr is a way that conservatives have looked at that product if now -- product now increasingly over the past eight years, i would argue. some would say it goes further back than that. but in lean times it's byrne more than apparent that the edge they've taken has gone further and further left. that was his disagreement. i don't know what he the does next, but he probably does work in the free press. stuart: he's exposed what i would call liberal bias directed against trump not just at npr, but he's brought it home for all kinds of media a outlets. don't we -- [inaudible] that are biased against trump who actively went after trump. >> i apologize e for interrupting you. the pieces e read suggest there is enormousage that within npr now. how they work that out, i do not know.
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stuart: good. i'm appalled. this is a taxpayer-supported network which is clearly biased against the and tried to damage him. what's going on? >> my guess is there will be a house hearing very soon. and uri berliner will be there and these very questions will be put to him. stuart: the i hope so. i'll put that on live. by the way, you have a new special on fox nation. >> i do. stuart: battle for the arctic. you know what, bill? we've got a clip. roll it. >> it's almost -- [inaudible] want to show you where i'm sleeping here. come on. so in here we've got three bunks, one on top of the other. one's about, i'd say about 18 inches high. and this is where -- [laughter] this is where i'll be sleeping tonight. all right or? if so wish me luck. onboard the uss hampton. good night. stuart: you were on a nuke to lahr-powered submarine? >> yes, we were.
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about 75 degrees north latitude. just so you guys know, stuart and i have a love affair with travel. stuart and i have known each other forever. stuart and i have a lo for geography, and this is one place you have not been. stuart: that is true. >> we went with the u.s. navy, we were embedded with them. they go every two years to run these ice exercises when the arctic is frozen for thousands of miles, and what they do is extraordinary. it is no easy trip. every hour of every day you do something that you have never done before in your life. in addition to that, you've got this ice, stuart, it's your kind of joint, right? -50, 18 inches of bed space to sleep. there's a real story up there about the u.s. and russia. there will be a story very soon about u.s., russia and china and how this plays out in the coming years is yet to be determined. stuart: can i watch on fox nation now? >> sure can because it just dropped, is and you can watch right now. >> stuart: and i probably will. of bill, see you later. if you fly economy, reclining
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seats may soon be a thing of the past. one expert says it's actually a blessing. how about that? we have the story. a whistleblower from boeing testifying before the senate today. he claims the 787 dreamliner has such serious issues that they could fall apart mid flight. how about that? we have the latest from capitol hill after this. ♪ i'm just sitting out here watching airplanes take off and fly ♪ ♪ the road to opportunity. is often the road overlooked.
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♪ looking good, guys! thanks! vacations are better with the credit gods are on your side. i'm coming up! rewards once available to the few are now accessible to the many. earn points for travel with credit one bank, and live large. stuart: on your screens, alaska a airlines actually up 2.7%. the faa just canceled the ground stop, so the stock is up 2.7%, got it. happening now, the senate's reviewing boeing's safety record after a series of incidents with its planes. hillary vaughn joins me now. the ceo of boeing was invited. why didn't he show up? if. >> reporter: well, they aren't
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making the see quo available is, stuart. instead, boeing is offering documents and closed door briefings with the senate committee that's investigating alleged toxic safety culture at the company along with those mid midair flight catastrophes where one of boeing's planes fell apart in the sky. not only is boeing not letting their ceo testify, they are still hooking for a new ceo after dave calhoun announced he will step down at the end of the year. but ditching the ceo does not solve problems at the company as lawmakers here have spent the morning exposing a toxic safety cull crur where boeing -- culture where employees have said if they raised safety concern, they were retaliated against. >> did you find boeing employees on the factory floor were empowered and encouraged by management to stop the processes if an employee detected a nonconformity or a possible defect? >> no, senator. >> is there evidence there was actually the opposite, people were actually penalized for raising safety concerns?
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>> can yes, that's correct. we heard reports. we heard several reports of people that felt that they were transferred or didn't get the raise that they were expecting. >> reporter: boeing is disputing this saying, quote, they encourage all employees to speak up when issues arise. retaliation is strictly prohibited at boeing. another senate committee is hearing from a boeing engineer who blew the whistle on issues with the 737 dreamliner jet saying sections of the skin are not properly fast. ed and could bust apart. the whistleblower says boeing ignored his concerns and muzzled him for talking to experts about the defect. he claims at one point he saw worker jumping on secs of a boeing 777 to make them align -- sections. boeing disputes this saying in a statement, quote, we are fully confident in the 787 dreamliner because of all the comprehensive work done to insure the quality and long-term safety of the aircraft. these claims about the structural integrity of the 787 are inaccurate. but, stuart, to state the obvious, they were also fully
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confident in one of their planes that fell apart in the sky, so lawmakers here today are likely looking for more than just aesurances from boeing that everything -- assurances from boeing that everything is all good and they're confident in the planes that they make. stuart? stuart:hill re, thanks very much, indeed. tepper's still with me. would you buy boeing's stock at this price, way below $200? >> obviously, it looks like it's on sale but for good cause. i mean, look, i would say once they, once the narrative, once they pivot from focusing more on qc, quality control, over dei, i'm in. now, the stock might be $190 by that point, right? some of that will be priced in, but still it's selling at a deep discount compared to where it was a few years ago. it is a duopoly with air abus. boeing will come back -- air ais bus. they'll get their bug ducks in a row at a some point. they can't continue to have planes that were made by clowns who in turn were managed by monkeys forever. at at a some point you have to improve the quality of your
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team. stuart: nicely put. would you think twice before you got on a boeing plane? if i would not. >> i do it 2-3 times a week, i don't. i keep my seat belt on the whole time now, people don't -- i don't want to get sucked out the window. lauren: people are searching -- researching the plane they're taking, and you have the option of selecting which types of aircraft that you want. so, yes, some people are concerned. stuart: okay. airlines, listen to this one because this is for you. lauren: yeah? stuart: airlines are looking into with removing reclining seats. what? lauren: recline is on the decline. this is such a good idea. okay. imagine the two of you in coach. try to imagine what that's like. you're a sardine in a can, and you go to the button and you're tying to push your seat back but it doesn't really move because you used go back 4 inches, and now it only goes back 2 inches. so as you're pushing far, you barely go back. you're really tacticking off the person behind you -- ticking off, and passengers are starting
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to fight over this. so the airlines are thinking about making straight seats, stiff seats, you can't recline, and they're a cheaper to make so they save on fuel costs. stuart: what do viewers think? should reclining seats be a thick of the past? tell us, please -- thing of the past? varneyviewersfox.com. that's us. okay. send in your thoughts, please -- lauren: you're reserving your comment? stuart: no, i don't care about rekleining. reclining. i want to ore klein. i want to recline. >> you pay for the right to recline. lauren: yeah. >> i like those bed things and the little pod -- lauren: oh -- stuart: get me out of this. show me the dow 30, please. it's easily done. preponderance of sellers, by the looks of it. the dow's down 115 points, 37,682. if -- charter schools under awe attack in maryland. an education expert will tell us exactly why politicians are so posed to school choice.
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stuart: charter schools under attack this time in maryland. senior fellow for the american federation for children joins me now. why are politicians in maryland so opposed to school choice? on what grounds? if. >> you know, on the grounds that parents want them. the attack that we see on charter schools in the state and across the country is really an attack on parents' freedom and what parents think that's best for their kids. there has been an influx of students into charter schools many maryland, and now we -- in maryland, and now we see the state legislature want to stifle that growth and that student enrollment it's quite baffling. stuart: what do the politicians have against charter schools? it surely can't be just that they're attracting a lot of people. what's wrong with them? >> nothing's wrong with them. and i think that's why politicians and the sate is so
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propose -- state is so posed to them. maryland has seen, especially in baltimore, some dismal outcomes for students. and charter schools come as a beacon of hope, comes as direct competition to traditional public schools -- stuart: it's the teachers union. >> and the current state -- yeah, it's the teachers union, in a nutshell. stuart: that's what this is all about. the teachers union carries a lot of money, a lot of weight, a lot of votes in all kinds of elections, and don't mess if up with the teachers union, and don't go for charter schools. it's the teachers union that's doing this, that's it. >> you're absolutely right. and the state currently is proposing to take away 25% of student the funding from charter schools for admin fee ifs. you have to say, where is that money going? who are they funding for admin? you know, currently it's 2% of student funding from charter school goes toward admin fees, and now they want to bump that number up to 25. charter school leader in the state are very nervous they won't be able to serve students well, and it is the teachers
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union that's doing this not just in maryland, but across the country. at the federal level, biden's budget for next year he's proposed to take away 10% of federal funding for charter schools. and charter school funding has remained stagnant under his administration, and it is -- can he's, you know, the democratic party is often this if bed with the teachers union. stuart: yes. >> so you're completely right. stuart: it's always in bed with the teachers union. okay. 25 states will soon require high school students the take a course in financial education before they graduate. do you want to see more of these personal finance courses for youngsters? i have to tell you that, personally, ooh i've got a lot of problems with the teachers union teaching my kids about money. >> well, i'm glad you said that. of course, being an expert on all things money. but, you know, to answer your question, in a nutshell, parents want their kids to understand economics. and 88% of parents want their kids to know about financial
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education. and what i find most interesting, there's a survey that came out last week by intuit, 85% of students themselves want to learn more about money. they want to learn about financial education. stuart: okay. it's under control, i'm okay with it. thanks for being with us this morning. we must talk more about the teachers union, and i'm sure we will. thanks for being being here. see you soon. >> thanks, varney. stuart: it's that time when we get to the wednesday trivia question. what is the moon's diameter? that's a straight line across the middle of it. got it. 1800, 1900, 2000, 2100 miles in the answer when we get back. many. ♪ ok y'all we got ten orders coming in.. big orders! starting a business is never easy, but starting it eight months pregnant.. that's a different story.
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ladies and gentlemen, 20 one 59. the united states from east coast to the west coast is 2,800 miles. the earth is bigger. before we close i have to ask you, would you be happy putting your children's financial education into the hands of the american teachers union? >> no. i have issue with financially responsible parents. my solution is i'm a certified financial planner, 30 hours of continuing education credits, get them to volunteer. they can teach this stuff. stuart: the emails are pouring in about declining seats in the economy or not. they are pouring in. what do you say? ashley: i don't like people reclining on me. stuart: we are out o

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