Transcripts For FBC Varney Company 20240714 : comparemela.c

Transcripts For FBC Varney Company 20240714

Vietnam and other places that take advantage of us, and well start working on that, too, by the way, but i dont want to do too many at one time. Chinas fine. We did mexico and canada. We have to get that approved by nancy pelosi maria you expect to get that done this year, mr. President . I hope we do. The deal is done, its sitting in congress. Its up to nancy pelosi to put it there. I would kalcall it, i told her other day get it done because we will call it a bipartisan deal. If they want to make a couple minor changes, we can make some changes. Its a great deal. Maria we got to jump because we are cutting into your friend mr. Varneys time. Let me ask you this. There was an oped we cant do that. Hes such a great guy. Maria there is an oped in the journal the other day basically advising you to take nikki haley as your running mate going into 2020. Are you locked in on Vice President pence for 2020 or would you consider having nikki haley as your running mate . I love nikki. Shes endorsed me. Shes my friend. Shes part of my campaign. But mike has been a great Vice President. Hes 100 and this was written actually by a friend of mine, but let me tell you, mike pence has been a great Vice President. Nikki haley represented us so well and our country so well. I love nikki. Theres places for nikki. Nikkis futures great but mike pence is the person 100 . Yeah, we won, we won together. We have tremendous evangelical support. We have tremendous support from every angle. You cant break up a team like that. Thats a team that really, and we get along well together. Maria mr. President , a pleasure to talk to you today. Thank you so much for the time this morning. We will be watching you in japan with president xi on the heels of an incredibly successful trip a couple of weeks ago to france and to the uk. Thank you, mr. President. Say hello to stuart. And everybody on your show. Theyre terrific. Thank you very much. Maria thank you so much. Stuart varney, there you go. The president sends his regards to you. I apologize for taking a few minutes of your show. Stuart take it all, maria. Take it all. Good morning to you. Good morning, mr. President. Good morning, everyone. Well, the president did make news in that terrific interview with maria just moments ago. Let me try and summarize couple of the main points here. Number one, xi jinping is a friend of mine, we have a great relationship, chinas a great country. Future tariffs could be 10 instead of 25 . Does the president have a plan b if theres no deal . Yes, he does. He says well keep taking billions and billions a month from tariffs and well just do less business. Point number two. Fed chief powell has been sucking money out of the economy like a vacuum cleaner. Hes not doing a good job. He has to lower rates to compete with china. Thats from the president right here on fox business with maria just moments ago. Theres other news that might affect the market, too. The banker and the treasury secretary made some news. Fed chair powell himself said he would act preemptively in advance of any slowdown. Thats taken to mean rate cuts coming. On a china trade deal, Steven Mnuchin said quote, they were 90 there. That refers to the deal that was rejected at the last minute. But he says there is a path to completeness. Thats being taken as a positive sign on china trade. Now, all of this has had a modest positive impact on the market. The dows going to open up about up 60. News on politics. Robert mueller will testify before congress on july 17th, regardless of who says what it will be a media circus, as the president says it never ends. A heavy dose of socialist politics coming up tonight. The first democrat debate. By the way, there is a straw poll from a far Left Organization that shows Elizabeth Warren now way out front of all the other candidates. Its going to be a big day. The president speaks to the faith and Freedom Conference this morning. Youll see it. The dow is within striking distance of a new alltime high and i really hate to report this, but the cocaptain of the u. S. Womens soccer team insults the president with an obscenitylaced rant. These trump haters just wont shut up, will they . Varney company is about to begin. It never ends. We had no obstruction, we had no collusion, we had a report that was, you know, considering that 18 people that hated donald trump and you had mueller that obviously was not a trump fan, not a trump person, how these people were picked as, you know, by itself incredible, yet the reporters, no collusion, no obstruction, which was ruled on by our great attorney general. Hes great. Hes doing a fantastic job in many other ways, too. Stuart a little excerpt there from marias interview with the president in our last hour. The mueller testimony scheduled for next month, july 17th, by the way. Come in, marc lotter, trump 2020 director of strategic communications. What do you make of this . Mueller will testify. It will be a media circus. Are you worried . Absolutely not. Look, nothing that Robert Muellers going to say is going to change the fundamental report conclusion, no obstruction, no collusion. And if you take what the special counsel said during his news conference, you know, a few weeks back, he said he had nothing to add. He had his 448page report was his testimony. So if he gets in front of congress and says nothing new, then its nothing new. It will still be no obstruction, no collusion. Stuart is it possible the tables could be turned, republicans questioning mueller ask about the investigation of the emails of Hillary Clinton and what the fbi and doj were up to . Theoretically, you could turn the tables here. Absolutely. I would expect that the republicans in those committees would plan to do that. But when it comes to any new information about his underlying investigation, nothings going to change those conclusions and the witch hunt continues. If congress only spent a little bit, a fraction of the time that theyve spent on this witch hunt, maybe we could actually get something done like immigration or controlling the crisis at the border but theyve got no agenda except investigate. Theyre not interested in legislation. Stuart stay with us just a couple more minutes, please, marc. I will get back to you in a moment. Let me deal with money for a second. This wednesday morning, the dow will go up, not by much, but a 60point gain for the dow, 30 points up for the nasdaq. President trump addressed trade in that interview with maria. Roll tape on that, please. Am i happy now, absolutely. Now, i would do additional tariffs by very substantial additional tariffs if we dont make a deal so when you say are we going to make a deal, its possible were going to make a deal but im also very happy where we are now. Stuart hes in no hurry to make a deal. Hes perfectly happy the way things are. Liz . I think he thinks, and i think hes right, the United States goes into the g20 meeting, he goes into it from a position of strength and that xi merely has some issues. The hong kong protests, Companies Moving out of china. Today there was a reading on Consumer Confidence slipping and Consumer Spending in china. We have some issues, too, a slowing economy, but i think trump is basically saying look, right now we have the upper hand. Where we are right now is not a disaster. If we get more companies certainly moving to the u. S. , that would be very, very good news. Look, they all want a deal but i dont think trump is going to fold on this. I think hes going to stand firm and hope that what mnuchin said is right, that weve got 90 of the future done, finish it up. Stuart well, he used the past tense. Because they walked away from it. Thats exactly right. Stuart then they walked away. He followed that up by saying we are on a path to completeness. Which is a big item, by the way. If in fact thats true and there have been preliminary conversations going into this meeting so i think trumps role in this is to say hey, im not unhappy with where we are now, but we want a deal, lets get it done, but china, you are suffering more than we are right now. Stuart i do want to leave time for this, because this is one of those strange stories. Really objectionable, if you like. The Online Furniture retailer wayfair, some workers are going to walk off the job because the company will sell furniture to an organization that manages those migrant camps on the border. Aoc praising those workers with this tweet. Wayfair workers couldnt stomach they were making beds to cage children. They asked the company to stop, the ceo said no, tomorrow theyre walking out. This is what solidarity looks like, et cetera, et cetera, et cetera. Thats utter nonsense. Kids cant have beds . Liz its offensive. Of course thats the takeaway, she wants them to sleep on the floor. Look, as usual, aoc has her facts wrong. Shes talking about how profits are going to be made by the group thats redoing a center to hold some of these kids. Thats wrong. This is a notforprofit thats actually buying these beds to convert, by the way, a facility in texas that used to house Oil Field Workers. So this Oil Field Workers make a lot of money. This is not a dungeon. Thousands of childrens came across in may, unaccompanied minors. What does she want to do for kids traveling by themselves, have no support, no parent with them, just leave them on the sidewalk . Look, this is playing politics. It has been this way for months now. Democrats know they are using this basically for hispanic votes. They get about twothirds of the hispanic vote except recent polling shows trump is making big progress with the Hispanic Community which is growing as a percentage of the electorate so democrats are freaking out that he actually because of two things, by the way, the strong economy, their number one concern, trump is obviously providing that, and number two, they are much more conservative, hispanics, than the Progressive Left would like to acknowledge. They dont believe in fullterm abortions. They dont believe in a lot of the things the Progressive Left is pushing. So this is all about politics and its a disgrace. Stuart im glad you ended with that word. Im in 100 agreement with you. Absolute disgrace. We have a lot to pack in today, havent we. Liz lot of news. Ashley oh, my goodness. Stuart theres a new poll, a straw poll that comes from a progressive website, moveon. Org, that shows Elizabeth Warren with a big lead over the other democrats, the candidates. Shes got 38 . Bernie is second with 17 . Biden, third, 15 . Marc lotter, heres some red meat for you. I do get the impression, though, that sometimes senator warren gets under President Trumps skin and therefore, he would not particularly want to oppose her, he would rather go up against joe biden or Bernie Sanders. What do you say . Well, i dont think it matters which one of the democrats socialists comes out of their primary. They are all going to have had to endorse the Green New Deal and radical things like government taking over everyones health care, kicking Senior Citizens off of Medicare Advantage plans and right now, i think im here in miami as the democrats get ready to debate. If you want to sum it up, its going to be a freeforall. Everything is free for everyone. Its just not where the American People are. Stuart so you are in miami to observe. Okay. Okay. Im sure we will have you on the show real fast about that one. Marc lotter, thank you. Appreciate you being with us. Now, lets get to the immigration issue. The house passed a 4. 5 billion deal to aid migrants. Now theyve got to reconcile the house bill with the senate bill which was a bipartisan bill. They only have one full day left, really, before they go on recess. The president tweeting about it this morning. Here we go. Too bad the dems in Congress Wont do anything at all about Border Security. They want open boreders which means crime but were getting it done including building the wall. More people than ever before are coming because the usa economy is so good, the best in history. Joining us now, senator john barrasso, republican, wyoming. Theres only one day left, mr. Senator, but youve got to get this done. Youve got to get a bill reconciled and passed. Youve got to do it before you go on vacation. Whatever its called, recess. Right . Mr. Senator. Americans deserve full Border Security. Absolutely there is a humanitarian crisis. The president has asked for congress to act eight weeks ago, stuart, and so far, the mexicans have done more to help keep this border secure than the democrats have. The democrats have been obstructing all the way through and you know youre going to see more of that tonight in the debate, as they talk about eliminating i. C. E. , they will talk about asylum, more sanctuary cities, tearing down barriers. They are the problem and we need to get the humanitarian aid because the problem is worse now than ever. Stuart youve got to do it. You cant walk away and go off on the july 4th recess unless youve got something done, can you . Will you go home tomorrow if youve got nothing done . Absolutely agreed. We passed it out of the committee in the senate 301. Broad bipartisan support for what weve done which deals with the humanitarian crisis, works on our broken immigration system and that needs to be fixed with the asylum laws as they are and the loopholes. We need to address that next. President trump is right, people continue to come storming into the country. The numbers are way up, almost double last years numbers. So we need to address the humanitarian crisis but we also have to fix a broken immigration system. Stuart is that a promise of yours, mr. Senator . Youre not going on this recess unless youve got something done on Border Security. Well, we need to do that. We also need to do the National Defense authorization act. Theres a lot we have to do. Im ready to vote right now. But you have a number of democrats, not only are they awol on the issue, theyre not in washington. You have so many democrat senators running for president , they are down in florida. Theyre not even interested in staying here to vote because they are too interested in continuing to promote their far left views in what is tonight and tomorrow night going to be a hundred yard dash to the left with all these democrat candidates. Stuart will you go back to wyoming for the july 4th recess if you havent got something done, signed, sealed, delivered, on Border Security . Will you go . We need to get to the stuart will you go . President s desk before any of us leave, we need to get this to the president s desk, something he will sign and not veto and what the democrats have been trying to do in the house is ignore the big problems at the border. They called it at one point a manufactured crisis. Now they are saying oh, there is a humanitarian crisis, we have a crisis at the border, the democrats have not been helping. The mexicans have been doing more to help than the democrats have. We need to resolve it now. Stuart mr. Senator, john barrasso, republican, wyoming, thank you, sir. Appreciate you being with us. Thanks, stuart. Stuart sure thing. More immigration news. I. C. E. , the immigration people, criticizing Washington States new sanctuary state law and giving examples of why they say its so bad. Ash . Ashley very disturbing. Okay. Lets take what seattle has done or Washington State and oregon, for that matter. Very strong law saying not only should you or you should ignore the requests from i. C. E. But you cant even tell them you are releasing a criminal illegal alien. They gave seven cases. The case of ramos, he was released from jail and within months dismembered a victim. Another was arrested for charges of murdering his wife. There was an illegal immigrant released without anyone knowing, convicted of raping a wheelchairbound seattle woman twice. He raped her a third time before they caught up with him. This is just three examples. It goes on and on and on. What really bugs me about this, the democratic governor in Washington State says this. We will not be complicit in the Trump Administrations depraved efforts to break up hardworking immigrant and refugee families. I want to say what . These are criminal illegal aliens who are killing the people in these communities and everywhere else. It makes no sense to me that you make a Statement Like that. Youre not even allowed to make an arrest at a courthouse or hospital of a criminal illegal alien in Washington State. Stuart i have nothing to add to that. Ashley how does that make the Community Safer . Liz how are people going to put up with that . I cant understand it except it will only be reported right here, right now. No one else is going to see that i. C. E. Report. Stuart nothing will break the democrat deadlock on the west coast. Nothing. Nothing. Why not have a look at money. Shall i smile . Why not. We will be up about 80 points for the dow, very nice gain for the nasdaq, up about a half percentage point. It was a big loss yesterday, bounced back today. Now this. Meghan rapinho says she wont go to the fing white house. Thats what she said. If team usa wins the world cup, shes not going to the fing white house. Shes going out of her way to insult our president while on foreign soil. We will deal with that story in just a moment. Is where people first gathered to form the stock exchangeee, which brought people together to invest in all the things that move us forward. Every day, invesco combines ideas with technology, data with inspiration, investors with solution

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