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States very busy in california raising money and a ton of us. Hes also moving to save money for a lot of student loan borrowers. This time to the tune of about 1. 2 billion. That makes 138 billion that he has directly or indirectly provided in Student Loan Relief. Some people are crying foul that no less than the Supreme Court has put the kiabash on this and hes keep doing it. Now to peter doocy at the white house and how theyre explaining this. Officials here are hoping an emphasis on Climate Change and gun control and student forgiveness put people in line. A fourpoint edge for biden over trump. That is even though trump is seen as having better physical fitness for biden and Mental Fitness for office than biden. The president joked to donors about this in california. He said, by the way, im only 40 years old times two. The only thing i do know is that i may not run like i used to, but i tell you what, ive been around long enough to know whats going on. As it relates to Student Loan Forgiveness, i think under President Biden we have forgiven more than 135 billion. It affected four million americans all across the country. Were making progress on gun safety. Todays Announcement Running Behind Schedule in los angeles is going to cover about 1. 2 billion to help 150,000 borrowers. Neil . Neil peter, thank you for that. Were waiting to hear from the president in culver city, california, how he plans to go about this. He keeps doing this. This used to raise hackeled all the way up to the Supreme Court, even one nancy pelosi was concerned back in the day. Take a look. People think that the president of the United States has the power for debt forgiveness. He does not. He can postpone, he can delay. But he does not have that power. That would have to be an Act Of Congress. Neil all right. Tom dupree, the former assistant Deputy Attorney general. No Act Of Congress here. I dont know what the vagueries are on this legal strategy. Were up to this amount. 138 billion even when the Supreme Court has said this is a house matter, now an Executive Branch matter. How does he pull this hauf off and keep pulling it offer . Thats the thing. When nancy pelosi says this goes too far, it might just go too far. Look, the Supreme Court couldnt have been clearer when they said that President Biden didnt have the power to affect his last Student Loan Forgiveness program. What hes trying to do now is to come in with the narrower slice. In other words, the amount of money hes trying to forgive is a lot less than his first effort. At the end of the day, the fundamental question is the same. Which is that did congress ever give this administration or President Biden the authority to straight up forgive Students Loan debt, particularly on the scale of a billion or two dollars which is what hes looking to do right new. Neil were talking about four million americans that can take advantage of this. Theres millions more that are not part of this. I imagine theyre recentful about this. Theres a lot of people that said i had very late and tardy car loans. I want forgiveness for that or others that want forgiveness or for forebearance on their debt only case. Some saying what you did for them, do for me. Thats another problematic aspect of this. If Congress Enacts something in to law, you can be assured it went through the process and people are being treated fairly. If Congress Wants to give money to one group or another, its prerogative. What happened here is different. This is a case where the administration by all appearances for political purposes in an Election Year wanted to have a giveaway for a prize constituency. This very narrow group of americans, a sliver of americans that had these student loans. The president decided to make a political payoff and he was willing to do so in a way that congress does not appear to have specifically authorized him to do. It flies in the face of what the Supreme Court told him not long ago he couldnt do. Martha . Neil youre the great lawyer. Im not. Im an expert. I watched a number of legal shows that qualifies me. Theyre threading the needle saying the president cant do this willynilly. These are about the terms of repayment. Hes cut the terms off. That isnt forgiveness. That is the president of the United States rearranging the terms. To me, it doesnt seem to be a difference. I side with you on this, neil. Keep in mind, that argument you just articulated is very similar to what the president argued the last time around. That argument was rejected by the Supreme Court. He said that he had the authority to waive or modified Student Loan Debt. The court said okay, fair enough. But forgiving 400 billion is not a waiver or a modification. Its outright forgiveness. You cant do it. Hes making a similar argument here saying yeah, i have the power to modify the terms or to adjust the terms. But to my mind at least that stops short to say you have the power to forgive youd right. Neil why cant the Supreme Court come out you have just done the exact opposite of what we told you not to do. I dont know how often they have done that, if they have ever done that. To scold you to the legislative branch or the Executive Branch to say no, no, no. Timeout here. You went too far and you violated what we said you couldnt do. Yeah. If people are going to challenge this wouldnt surprise me if some states stepped up to the plate and challenged what the president is trying to do today. It would start off in the trial court. Might make its way to the Supreme Court, but i think they would have a powerful argument if they filed a complaint in the trial court saying hey, all you have to do is hold up todays order and read what the Supreme Court said not long ago about the president s lack of authority to do what he just did. Thats our case right there. Neil amazing. All right. Thank you very much. I think i understand it better outside of saying you lawyers are so shrewd. You can find ways about anything. Not you, tom. Meantime, you ever wonder how we pay for this . They say no new taxes are being a employed on anyone. Its magically paid for. Obviously did they dip in or just add to our debt . That might not mat tore my next two guests, the intrinsic potential a fairness of it all. Kat timpf from gutfelled fame, author. Shes going to have more. And Ricky Schwartz here, The Cancelling Of American Minds and Student Loan Debt. Youre perfectly timed, ladies. Kat, to you first. The double standard here. Theres many people saying and college kids and their parents saying we dutifully paid our obligations, continue to pay our obligations, continue to pay off these loans. But were not part of this gravy train. We resent it . What do you tell them . Im one of those people. Its more than just okay, i paid off my loans, which i did take out a small amount of loans for my undergraduate degree. The rest was covered with scholarships. I did not accept the opportunity to get an ivy league graduate degree. Instead, i waited tabled and did internships. Not because i thought that was better or more fun or i wanted to do that. It was really hard. I went through a lot of very hard things that i would have not had to have gone through if i would have just gone to the grad school. A lot of people made sacrifices that are not just financial. Thats why i dont like calling it cancellation. Its not cancellations. Its thrusting the burden on people that had nothing to do with it. Neil bottom line, ricky, if you just add it to the debt, by that version, we all pay for it. Some are better equipped to do it than others. I get that. This is not something that is borne by the American People regardless. Your thoughts. Yeah, absolutely. I mean, honestly, theres a world where i could be supportive of a version of student debt cancellation. If it was actually changing how kids in the future taking out debts. There were a lot of 17yearolds that believed that a College Degree was a ticket to success and expected that if the federal government was going to back their student loans, that they should one day repay it. If there was a world where we put some of the impetus on colleges to make sure theyre producing graduates that have a meaningful career path or actual chance of paying back their loans that the federal government did back before these kids could buy a beer, theres a middle ground where i feel like we could have some sensible longterm solutions here. Neil you know, switching around, i was watching other coverage. People say we bailed out banks after financial crises one after the other. We bailed out g. M. When it was on the ropes. That was money wellmade and invested and paid back. So theres a sort of standard where we help those considered vital to our national interest. So students can come back and their parents can come back, those benefitting for this and say were part of that Vital National interest. The only difference there is there are a slice of that, millions more that want to be part of that vital interest and theyre not. Neil im a libertarian. We can talk about how i feel about those things another time. In terms of the government choosing winners and losers like that. But i also think that what rikki brought up is an important point. Where do we go from here . If this does happen, which i dont understand fully legally how it could, i dont know why students in the future would be thinking that they would ever have to pay theirs back. It would be making a problem worse than it is already. I think that we do need to start actually having a culture where people look at it from a Cost Benefit Perspective when it comes to student debt the way they would take on any other kind of debt. Neil you know, rikki, i cover the financial industry, which makes me so exciting here, this magnet for this type of thing at fox. There is an issue in the financial word called too big to fail. In other words, we dont let a Big Bank Go Under or a Big Institution Go Under or you could say a fortune 10 company or what have you. We actually have that almost invisibly built in to our thinking. But now this has gone on to include, you know, those behind on their student loan payments. You could argue what this has set in motion here. You know, you can also be never too small to be ignored. That everyone can be in on this federal government gravy train. Then the issue becomes how do you pay for that. Yeah, absolutely. I think that the precedent it sets could be enormously detrimental longterm. I think the sad part is that were in this situation in the first place because the federal government got involved in obscuring the Free Market Pressures on these schools. You have universities just getting rich on federallybacked loans and the kids that didnt fully understand what repaying those loans would look like. Thats why were in a world where the Tuition Rates can go up and schools can keep charging more and more because the government is a middleman. I think this is an instance where Government Intervention actually has created the problem in the first place. Neil statistics bear out what you just said there. The more relief college kids get, the higher the tuition room and board costs go up. Its an unending cycle. Its now officially out of control. Kat and rikki thanks very much. Well see what happens next. Were waiting to hear from the president on this and how he intends to pay for this. Thats what i have been scratching my head. How are you going to pay for this . Kelly ogrady has been following what donald trump will pay the 355 million in judgments and fines facing him right now. He has to put up a lot of assets. That i guess can be a real pain in the asset, kelly. Whats going on now . It can indeed, neil. When youre asked to pay nearly half a billion dollars, can it be a thrill tricky. Lots of questions about that, when he may file an appeal. He teased a little bit at a town hall on fox news last night. Well break it down next. Again. His 2s are perfect hes a brand new dog, all in less than a year. When people switch their dogs food from kibble to the farmers dog, they often say that it feels like magic. But theres no magic involved. dog bark its simply fresh meat and vegetables, with all the nutrients dogs need instead of dried pellets. Just food made for the health of dogs. Delivered in packs portioned for your dog. Its amazing what real food can do. Salonpas, makers of powerful Pain Relief Patches for 89 years. Believes in continuous improvement. Like rounded corners that resist peeling, with an array of active ingredients. And sizes to relieve your pain. Salonpas. Its good medicine. Lowes knows you dont just want a low price. You want the lowesest price. Did you say lowest, or lowesest price . Its basically the same thing. If you find a better price somewhere else, well match it. Get the lowesest price, with our lowest price guarantee. You got this. We got you. Heres why you should switch fo to duckduckgo on all your Devie Duckduckgo comes with a builtn engine like google, but its pi and doesnt spy on your searchs and duckduckgo lets you browse like chrome, but it blocks cooi and creepy ads that follow youa from google and other companie. And theres no catch. Its fre. We make money from ads, but they dont follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today. Neil all right. Youve hired of Put Up Or Shut up. The Attorney General from the state of new york has another sort of warning for donald trump. Put up or were going to just scoop up one of your buildings to pay this collateral, if you will, the 355 million penalty where theyre all but kicking him out of new york state for a couple years here. Kelly ogrady is following this back and forth outside of trump tower in midtown manhattan. Kelly . Neil, despite those words from the Attorney General, former President Trump at the town hall seemed very confident about his chances on an appeal. I will highlight until an appeal is filed, these penalties do still hold. So he still owes that 450 million including interest. He has to put that up to mount an appeal. Last night he avoided a question of whether or not he would sell any new York Real Estate assets to fund the appeal. He maintained his flush with cash, hes 90s and underscored that the banks continue to do business with him today that were mentioned in the trial. He did show one thing, a lack of a victim. He fined me 355 million plus interests. My Financial Statements were conservative. Everybody made money. There was no victim. This guy ruled that i was guilty before the trial started. The former president says he will take aim at the size of the sign, including the eighth amendment. We can expect trump, he may challenge this half a billion penalty is unconstitutional. Other appeals have had success in the past. You mentioned the Attorney General. Shes coming out swinging warning she will seize his assets if he doesnt pay the fine. The former president does still within that 30day deadline whether to pay the fine or put the money in an Escrow Account or post a bond. To do that, he has to get creative with financing. Back to you. Neil thanks, kelly. John yoo, the former assistant Attorney General is with us right now. John, let me ask you a little bit about the requirements here. One way or the other, he has to put up this amount of money, 355 million. I guess you can put it on collateral or borrow against it. The bottom line, the borrowing against it part is difficult given these arrangements. He cant go to a bank for loans whether theyre collateralized or not. Its a mess. I dont understand it. What are his options . I fully expect that what the Attorney General said is not going to matter in the end. Because shes only talking about what would happen if trump would run for it and go to florida and say come get me. What can happen is say trump can pay the damages now, 350 million, and then theres i think another 100 million of interest on top of that, or he can appeal. To appeal, he has to post a bond in the amount of the damages. Its a compromise in the law to make sure that he has the right to appeal but that should he lose on appeal, the other side gets the money that they were originally due. The problem is as you said, where is trump going to come up with that kind of money . Most people dont go ahead and deposit 350 million when they lose a case. They go get a bond, they get a loan. They get a bank to send a letter saying theyre good for the cash, good for the amount. Thats what trump will have to do here. Hes going to have to put together a consortium of lenders or some of his own money and that will be what stands behind his appeal. He will certainly appeal this case. Once he appeals, the Attorney General is not allowed to try to seize anything. Neil so lets say she threatened she could seize one of those buildings if hes drags his feet on this. You have 30 days to your points. A little more than three weeks he has to do this. What do you make of that . Can she do that while were waiting for this . She could do that. But i actually think the Attorney General is revealing her partisanship, her interest in hounding trump. What Attorney Generals should say, these are the same rules that apply to everybody. If you dont take an appeal and get the stay of everything, then you have to pay. Everybody has to pay that lose as decision and that applies to President Trump, too. So to start saying were going to come after him and grab buildings and thats like talking about someone being convicted 0 a vinyl and the Attorney General comes out and said were going to send the u. S. Marshalls for you after you run for it and dont show up at jail on time. Its actually looks terrible for an Attorney General to talk about a case like this. Instead, President Trump there appeal. Once he does within this 30days period, all of the things the Attorney General are talking ant are frozen. Shes not allowed to do anything she hopes she can do while the appeal is going on. Neil lets switch gears with you. The president is speaking about the Student Loan Relief that hes providing, 1. 2 billion worth 153,000 students or their parents will be rewarded for this. Its grown to about 138 billion in Student Loan Debt relieved under his presidency. The Supreme Court as i mentioned earlier had already involved itself in this to say mr. President , you cant do that. That kind of decision is made in the legislative branch specifically the house where all the spending comes from. He is still saying more to come. Hes promising that as he makes remarks in culver city, california. Let me ask you what ive been asking others. Can he keep doing this . He keeps doing this. Having clerked at the Supreme Court, having spent a lot of my career watching the Supreme Court, i can tell you the Supreme Court doesnt like things that are unconstitutional. But what they dont like even more is when the other branches try to evade them. Try to deny their opinions. Thats what joseph biden is doing here. Hes already lost as you said last year. Now hes just saying seeing if he can get away maybe ill forgive a smaller amount. What the Supreme Court is going to see is heres a president that lost and is basically defying us, defying the court and just trying to the it in smaller pieces. Know, what the Biden Administration is going to say, were not really cancelling the debt. Were modifies the terms. If youre modifying the terms in a way that equals you dont have to pay, how is that really different from what the Supreme Court struck down just last year . Neil but heres the rub then. What do they to to say no, no, you cant do that. They dont do anything. They decided this matter. They got to be ticked off. I was going to say another word, which you cant say on a family show. But theyre upset that you keep doing this. So can they force the issue . Can they can the Judicial Branch freeze that money that is actually our debt, just being added to our debt. What are their options . So this is one actually important constraint on the judiciaries. Theyre not Like Congress and the president allowed to go out and grab an issue. The thing that makes the courts different is theyre passive and theyre neutral. So they have to wait for someone else to take action. So what will have to happen is someone will have to bring suit again just like they did in the case from last year. If you remember, neil, i think we talked about this. It was hard to find the right plaintiff and actually the Biden Administration tried to claim no one was allowed to sue because nobody is harmed except taxpayers in general. I expect one of the states will bring a lawsuit. Once that gets into court, a trial judge is i think going to immediately put an end to this. Neil just amazing. You could be a Business Recorder if you wanted to take a pay cut. Thanks very much. Good seeing you. Good seeing you, too. Neil john yoo on all of that. All right. Nikki haley right now is busy getting ready for the South Carolina primary. Shes down a lot in the polls right now in her home state. She really isnt doing that poorly on the money front. Well sort that out for you and why that could matter well beyond South Carolina right after this. Im hearing different ways for me to screen for colon cancer. Its time to use my voice, ive got a choice, more than one answer. I sat down with my doc. We had a talk. Knew just what to say. I asked for cologuard and did it my way. Cologuard is a oneofa kind way to screen for colon cancer thats effective and noninvasive. Its for people 45 plus at average risk, not high risk. False positive and negative results may occur. Ask your provider for cologuard. I did it my way you know that feeling of having to rewash dishes that didnt get clean . I dont. Platinum plus is cascades best clean ever. 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As long as theyre the best. Egglands best. This is a tempur pedic mattress. And its designed to help make aches and pains, a thing of the past. Because only tempur pedic uses our one of a kind, incredibly adaptive tempur material. To relieve Pressure Points and support your body, in a way no other mattress can. Molecule by molecule, and millimeter by millimeter. All night. Every night. During the tempurpedic president s day sale, save up to 500 on select Adjustable Mattress sets, and experience deep, undisturbed rest. Learn more at tempurpedic. Com. Neil all right. Nvidia, the darling of the internet world. The high tech world, the ai world. Its chips field the best. Anyone looks at this as the most magnificent coming out with earnings in the latest quarter blew past estimates. Revenues better than expected, profit far better than expected. The stock in afterhours trading right know is up a little bit about 5. 4 . The actual point here is remember, this is a stock that has essentially doubles every couple months. Thats true. If you had bought this about five years ago, well, 1,000 would have turned in to about 473,000. Lets assume you didnt do that. Youd still be doing well holding it just this year where youre up in excess of 50 . Were picking apart these numbers for wall street, technology and this race for a market that wants to tease new records even though it didnt today. More on that coming up. Speaking about money, im not talking nvidia type of money but when it comes to nikki haley, shes raising a good bit of money in her quest to be the republican nominee. Shes down in her home state of South Carolina. She could lose there but shes winning big there on the money front. More money coming in regardless of what happens saturday. The South Carolina fprimary. Franchesca, she denies the position of a candidate way behind the eight ball. Politically yes. In money, no. What are we to make of that . The late forecast the federal filings, shes spending big as she raises more money. The big problem that she faces right now, neil, is regardless of what happens in South Carolina, you come out of this state and you head in to super tuesday when theres 15 contests, 16 contests in 16 states taking place. Thats a lot of didnt places that you need to be spending on advertising. She spent 6 million alone of her money in South Carolina and we dont even have those numbers yet. We just got in what the campaigns spent and raised in january. Neil so she says shes in this race for the long haul. I talked to her last. She said this is not a coronation. She makes a valid point that you need 1,250 delegates to get the nomination. Donald trump is close to 70. Shes close to 40. Both have a long way to go. Still, hes winning these early states big. Hes positioned to do the same in South Carolina. So there is pressure on her. But then she comes back and said pressure for what . What harm does it do if i stay . How is that resonating . Shes very defiant yesterday in that speech. Our latest polling in usa today shows her 28 points down to donald trump. Now her supporters are saying look, she was that far down in some of these other states. Now were days from the primary. Shes running out of time. Shes hitting every corner of the state of South Carolina. She had two events today. She had two events yesterday and we expect that pace to continue. The primary here is on saturday, neil. Neil let me get your take on the donors who are giving to her. They seem to see her as the break glass candidate. By that i mean someone who is a stand by if donald trump presumably implodes or hes convicted. I dont know what it is of the shes like the last candidate standing and benefits from being the last alternative standing. Is that true . Theres a number of Different Reasons that donors have said that theyre giving. Some of them as you rightly point out are antidonald trump. Theyre folks that have said theyre not going to vote for donald trump even if he is the republican nominee. Some of them may stay at home in the general election. Some may vote for a democrat or a thirdparty candidate, potentially in the general election. When i talked to voters in South Carolina about what they would do if nikki haley isnt the republican nominee, ive heard variations all all of those things. Neil thanks, franchesca. As always, enjoy South Carolina. Shes there following that. Shes right. The primary is saturday. An unusual event. Well be monitoring that at fox here. Monitoring whats going on on the border. Not the texas border with mexico. Im talking about what is happening in the Southern California one because that one is proven to be really bizarre. I mean, these are not just people coming from latin america. Theyre coming from all over the world. China, afghanistan, how about 120 plus countries . 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Call the number on your screen. Switch to shopify so you can build it better, scale it faster and sell more. Much more. Take your business to the next stage when you switch to shopify. That first time you take a step back. I made that. With your very own online store. I sold that. And you can manage it all in one place. I built this. And it was easy, with a partner that puts you first. Godaddy. Its hard to explain what this feels like. Moving piles of earth. Towing up to 4,000 lbs. Cutting millions of blades of grass. Nothing compares to experiencing it for yourself. You just have to get in the seat. When barbara switched to turbotax. I broke four generations of Family Tradition with five little words. Ma, i wanna make perfume getting my business off the ground was a fulltime job. So i made barbaras new side gig count by guaranteeing 100 accurate filing and her maximum refund. Make your moves. Well make them count. Intuit turbotax. 100 accuracy, guaranteed. Neil all right. Back to the surge at the border. Im talking the california border. Bill melugin what are we looking at, buddy . Well, neil, its like the United Nations out here. Another group of adults from All Around The World behind me that just crossed illegally here. Theres no Border Patrol out here right now. A very laid back vibe. Theyre amongst themselves talking, laughing. Like theyre waiting in line at disneyland. This isnt the only group weve had out here. Take a look. This is a few hours ago. This group from china, columbia and ecuador. Theres no Border Patrol out here at that time as well. They thought we were Border Patrol. They were asking us for help. We had a remarkable moment where we used Google Translate to talk to a chinese man that explained how he and other chinese nationals got to the United States. Take a listen. Flew from turkey. Turkey. Airplane. Did you land in tijuana, mexico . Yes . Yes. Do you want a job . Do you want to work . [speaking chinese]. Yes. Meanwhile republican congressman darrell issa was out here earlier today. This is his district. He reacted to the fact that Tens Of Thousands of chinese are crossing illegally here. Take a listen. These 20,000 chinese that have come into my district say the same things that i heard this morning, which im here for a job. No pretense that theyre here leaving some sort of tierney tyranny. Theyre coming here because the word is out. A lot of this traffic shifting to california. Border patrol reporting last night this san diego sector has had over 140,000 illegal crossings just since october 1. Just to put that number in perspective, that is a Population Size about the city of dayton, ohio. Crossing here in the san diego area in just the last 4 1 2 months. Back to you. Neil just incredible. Were going to take a break here. Letting you know nvidia stock up almost 6 . Surprise add lot of folks on the upside. But there is some hesitancy to take it to high too fast. Well explore why. I have Type 2 Diabetes, but i manage it well jardiance its a little pill with a big story to tell i take oncedaily jardiance at each days start as time went on it was easy to see im lowering my a1c jardiance works twentyfour seven in your body to flush out some sugar. And for adults with Type 2 Diabetes and known Heart Disease, jardiance can lower the risk of cardiovascular death, too. Serious side effects may include ketoacidosis that may be fatal, dehydration that can lead to sudden worsening of kidney function, and Genital Yeast or urinary tract infections. A rare, lifethreatening bacterial infection in the skin of the perineum could occur. Stop jardiance and call your doctor right away if you have symptoms of this infection ketoacidosis, or an allergic reaction. You may have an increased risk for lower limb loss. Call your doctor right away if you have symptoms of infection in your legs or feet. Taking jardiance with a sulfonylurea or insulin may cause low blood sugar. Jardiance is really swell the little pill with a big story to tell kayak. No way. Why would i use kayak to compare Hundreds Of Travel Sites at once . Kayak. I like to do things myself. I do my own searching. It isnt efficient. Use kayak. I cant trust anything else to do the job right. Aaaaaaaahhhh kayak. Search one and done. Heres why you should switch fo to duckduckgo on all your Devie Duckduckgo comes with a builtn engine like google, but its pi and doesnt spy on your searchs and duckduckgo lets you browse like chrome, but it blocks cooi and creepy ads that follow youa from google and other companie. And theres no catch. Its fre. We make money from ads, but they dont follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today. Neil you heard about ai. This company, nvidia is the force, the engine, the means to take full advantage of it. Thats how theyre billed. The latest earnings seem to prove that they are still on a roll. The stock up 6 after hours trading after they handily Beat Estimates and guidance. Mark tepper follows this. Is this a keeper here . Does this indicate to you that, you know, nvidia is not a flash in the pan . They have Staying Power . Without a doubt, neil. Nvidia, when it comes to ai, they have the best of breedships for Artificial Intelligence. Amd has proved that this will be a twohour race going forward. Ai, this will be a decade long theme. You think about it, the s p 500 was up over 25 last year for two reasons. Number 1, Artificial Intelligence and number 2, ozempic. Think about it. Those were the two forces that have led the market. I think ai overall has Staying Power. I think that will be a force to be reckoned with over the course of the remainder of this decade without a doubt. Neil all right. The stock is up 46 this young year. It tends to double every couple of months. Its trading at 100 times earnings. So a lot of people say, okay, ai, i get it. But this thing is way ahead of its skis. What do you say . I think you have to be prudent about owning this, about buying it, selling it. So we have owned this in our strategy about a year or so ago. It was probably one of our most overweight positions in the strategy. We trimmed it a couple weeks ago at 680. So its underweight right now. What you have to do, you want exposure to these ai chips, specifically nvidia. When it goes up, you trim a little. You have to be prudent about this. As you mentioned, neil, its incredibly expensive. This is the kind of stock it could pull back 10, 15 easily. If you dont know neil thats a wild swing for an expensive stock. Its up 36 this year. Not the 46 . I lose track. The fact is, it is among the Magnificent Seven. A lot of people that buy a holding like the amazons and the microsofts and the metas, is that these are keepers for the long haul. That, you know, they might have their wild swings as is natural for technology stocks, but these are more than just stokes in the moment. These are investments for the future. How do you feel about that and morphing them in to many Magnificent Seven has has ben done . They are. If you look at any single decade when it comes to investing, theres a dominant theme. The biggest players in that theme are the best performers. So the theme for the 2020 is Artificial Intelligence. If you go back to the 2000s, the biggest them then was mobility. We all had cell phones. They were flip phones. The best company, research in motion. Remember blackberries . That was the big thing. The stock was great for a decade and fizzled out. You go in to the 2010s, apple was great for a decade. Now its underperforming this year. So i think ai in the 2020s is where you want to be without a doubt. Neil got it. Thanks very much. Mark tepper follows this. Follows everything. A great read on that. Meantime here, there was another biden on capitol hill today. Not hunter. Not hunter. Well tell you who after this. Jorge has always put the ones he loves first. But when it comes to caring for his teeth hes let his own maintenance take a back seat. Well maybe its time to shift gears on that. Because aspen dental has the latest technology and equipment. With a staff that goes out of their way to provide exceptional care. Plus free exams and xrays for new patients without insurance and 20 off treatment plans. Making it easier to get started with quality care. Its one more way aspen dental is in your corner. There are many ways to do things. At old dominion freight line, we do them this way. This way has people who start early. People who care and inspire each other to do things the way they should be done. This way uses technology and goes the extra mile to deliver your promises ontime, every time. This way is why were the Number One National ltl carrier for quality. For us, this way is the right way which is why its the only way we go. It wasnt the president s Son Hunter On Capitol Hill today, but his Brother James Being questioned behind closed doors. More from washington. To transcribe it is a transcribed interview that is going on. At 10 30 this morning, we havent gotten that guidance quite yet. Bidens answering several different questions from the republicans and democrats. Potential influence using their brothers name, and he decided to not go down that path and decided to not answer any questions. Republicans hoping that he will lead them down about joe bidens alleged involvement in Family Business affairs. Democrats are likely to downplay what they have to say, arguing its not related to joe biden and his presidency. House republicans, including chairman james comer that they use to make money. One week from today, hunter biden will answer questions from republicans and democrats in a formal depo deposition. Planning to congress as a crime. Speaking to them, it turns out the context with highlevel russian intelligence with intelligence a few months ago. According to a court filing yesterday, the government wanted him held in custody, but alexander smirnov, a former fbi informant, was released on his own recognizance with a gps monitor. Special counsel david weiss, who happens to be investigating the hunter biden probe, charged them with making up these lies. He says he could have used some of these lies to help influence the 2024 election as well. Neil . David, thank you. Lets look at polls right now, with all this noise out there. Its yet to register and some of these, but we would like to use clear politics average polls that show donald trump leading President Biden by a couple of points. This is our fox news decision desk director. He goes beneath these numbers and has interesting revelations. Sometimes, we are so focused on the latest poll, this one out of South Carolina. The rcb average. You look at something else. I look at the numbers individually. When you see the numbers individually, you see donald trump is roughly, on every poll, somewhere at 45404 of the vote. He was 45, maybe 47th as president. Joe biden of the other end, he continuously bounces around, consistent with the idea of what his favorite Ice Cream Player is, which is favorite Ice Cream Flavor is, which is in vanilla. 4547 of america is going to vote for donald trump donald trump. They are not moving from that. Thats the vote. You have 5553 of america thats not going to vote for donald trump. The question i ask when i look at these polls is what does he need to do to capture all of the antitrump vote Anthony Don The Trump of vote . Thats the way you need to look at these polls. To me, its about what does biden need to do to prove to the americans who are not ready to vote for trump, and frankly arent going to vote for trump, but whether they should vote for joe biden, stay home, or vote for some third party candidate. When i look at that, i think theres a real opportunity for the president and a real threat to the president. Hes not going to be able to consolidate the antitrump vote. That is where his age comes in. Where his age is hurting, its hurting amongst voters who would prefer to vote for biden or not vote for trump. Its also about the reality on the ground. We know what the reality of the ground is. About the border. Its about the economy. Its also about a set of International Issues that are sort of front and center right now, which is ukraine, and whether or not ukraine is in stalemate, which would be harmful to joe biden. Its about the middle east, whether or not joe biden can get a win. In terms of developing a process. And, its about china. Let me ask you if you have some who are hardened against you, whether they are biden voters who will never vote for him or trump voters who would never vote for him who has more who are just diametrically opposed to voting for the candidate . In other words, it would take a herculean event to change their minds not to vote for that candidate . Who has more in that category . Lets be real donald trump is one of the most charismatic figures to run in a merrick and politics. Hes also one of the most polarizing. Yes, the thing about donald trump is he has this solid group of backers and an equally solid group of people who cant stand the guy. Joe biden is more vanilla ice cream. Hes one of the least charismatic figures to emerge and certainly to live in the white house, and so, to me thats the advantage for trump, because hes got the solid group of people who will go out and vote for him no matter what, but its also the potential for biden to either win all those people who are against trump, or not win them all and lose the election. I sort of think love the hatred and contempt sorry to jump on you for donald trump is more based on personality, right . If he eases that, comes across nicer, more vanilla, to your points we only have 30 seconds or so could that change things . Could that be enough to seal the deal . If it is doing a lot of work and that question. If he modulates himself thats not his thing. His brand is gold, black. Thats not going to change. What might change is attitude towards President Biden. Very interesting. It remains to be seen in. I always learn something. Thank you. He is our fox news decision desk director. Genius with this stuff, precise. Doesnt look at what others look at. We are looking at nvidia after hours trading up 10 right now on better than expected numbers. That will do it here. The five

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