Strikes view on this, come to the conclusion as far as the market is concerned with the runup today, only couple other president s close to beating him, and they came into power with markets careening. This president came with the bull market very much in hold. Well get a lot more detail. First to capitol hill. Confirmation hearings now for no fewer than five potential Joe Biden Cabinet members. One getting a great deal of scrutiny, his pick for treasury secretary janet yellen. She can move markets. Assuming she does become the next treasury secretary, given the weight in the Financial Community she will be closely monitored and quoted. Chad pergram on capitol hill with the latest. Hey, chad. Reporter neil this, is one of five confirmation hearings today for yellen. They are looking at lloyd austin secretary of defense. Tony blanken secretary of state among others. Janet yellen no stranger to capitol hill having been con firmed as chair of the capitol hill. These are Republican Committee chairs presiding over these hearings right now but a Democratic Senate probably next couple days or next week will be asked to confirm the nominees. The number one question for janet yellen, how is she going to handle a pandemic economy. Listen. The smartest thing we can do is act big. In the long run i think the benefits will far outweigh the costs especially if we care about helping people who have been struggling for a very long time. Reporter some progressives are skeptical of yellen. They worry about the government coddling corporate interests and wall street. There are questions about the debt. The National Debt exploded by 8 trillion under the Trump Administration. It is unclear just how fast the senate can confirm yellen and the rest of the cabinet. Do both as quickly as possible and provide the justice that would be anticipated in an impeachment trial, at the same time carry out the responsibilities we have to get a cabinet confirmed. Reporter 12 years ago the democratically controlled Senate Confirmed eight of president obamas nominees on inauguration day. The senate cleared all nominees by voice vote. The Senate Confirmed two of President Trumps nominees on inauguration day, january 2017. The timing will be important. There will be a meeting with republican leader, Mitch Mcconnell and democratic leader chuck schumer. How will they juggle impeachment trial and confirm nominees. They cant really have control of the president until Vice President harris. Probably no confirmations until later this week. The Senate Impeachment rules you meet and conduct a Senate Impeachment trial every day six days aweek at 1 00 in the afternoon. Maybe they do the impeachment trial in the afternoon and some of the confirmations in the morning. Neil. Neil or they could drop it all together. How likely is that . Reporter the senate pipe peach trial automatically takes over once you send it over. What happens later this afternoon, the senate says were ready to receive what the house has. You might remember about 13, 14 months ago, nancy pelosi speaker of the house held the articles of impeachment for 28 days before they sent them over. They have to vote to send them over. That automatically triggers the senate trial. Maybe they want to clear the decks first of all for some of the nominees, maybe get to the trial end of next week. Maybe sometime in february. That is unclear. Neil so another dumb question, what if the senate opts not to take it up . They will not have the trial, argument will probably be he is now former president. I know you pointed out historical examples where former judges, senators have dealt with this but they will not bother in that sense . You have to have a motion, you have to have a motion to dismiss that could happen but you have to at least start. That is where the impeachment managers who are the prosecutors in this case, come over, they present the articles of impeachment. They read them aloud on the senate floor. Youre on to a senate trial, to an impeachment trial. You cant avoid that. That happens automatically once the house sends them over. Neil good to know. Thank you very much. Chad pergram on all of that. These are future market developments to monitor the new administration gets sidelined, agenda gets sidelined what could be a pretty thorny impeachment hearing would be a former President Donald Trump but for now, lets put the last day of his presidency in perspective here. Joining me to do that is a financial expert, keith fitzgerald, Fitzgerald Group principle, jonathan hoenig, capitalist Pig Hedge Fund manager, much, much more. Well rifle through some of the major markets and big performers in the stock market. Ive been reading a lot in the press as donald trump will go down as one of our worst president s ever. That obviously is a little too soon to judge. I think it leads out whether those that like or dislike the president wont acknowledge the markets have had a very, very Strong Performance under his leadership. Looking at just that, jonathan, again i dont know how you can argue he has been very successful lifting the nasdaq 35 , s p, 67 , the dow 56 , small stocks under the russell 2000, 58 , and we were coming off of a bull market. Now the president you know, bemoans the slow recovery under barack obama but it was a bull market and it was years long and he put it on steroids. Your thoughts . Sure. That bull market continued. The dow as you pointed out neil went up about 56 under President Trump but you know, and im just saying in obamas first term it went up about 73 . What also went up under trump unfortunately is chad alluded to is the National Debt, up about 8 trillion. That is a cost that isnt necessarily even reflected when it comes to the economy in the short term. To me what is most disturbing the damage in my opinion that the president did to freemarket capitalism under his term, neil. You know, these days when you talk about trade youre accused of being a globalist, selling america out. To me that is the real damage long term, not necessarily that he underperformed or outperformed bill clinton which he happened to underperform but where we to long term, in terms of getting back to those principles which actually power the economy forward. For me its a mixed record on the president. Neil you know, ann, on the trade front that is one thing that didnt go in the president s direction here. You can blame the pandemic, all the trade wars sparked not only with china but our friends. We were going after the canadians. We were going after spain and italy, a host of others. When all said and done the trade deficit soared regardless. Im wondering whether you see any of that changing . It is interesting, youre right, neil, influence of china actually went up last year despite the focus of that during the Trump Administration. I think in terms where it goes from here it really depended bidens approach to global trade is going to be. He doesnt seem to be making statements that he wants to detract from the position trying to protect american interests at least philosophically but the way he will do it is very different. A lot more collaborative. A lot more working with global institutions like the world trade organization. So i get as reversal isnt necessarily what well see but Biden Administration trying to figure out long term waives to continue some of the work started under trump to reassess american interests. Neil keith, when we look at some of these numbers the president was always fond of saying his predecessor benefited from a Federal Reserve had his back kept Interest Rates essentially zero. At the start of the Trump Presidency the fed was reversing that, starting to hike rates. Of course they reversed themselves. We know what happened. How much of this what jonathan was saying other factors you credit to the Federal Reserve. That is a question, there is lot of credit due to the Federal Reserve with a failed, flawed institution. With that said the president road a wave rode a wave with free money. Whether you like it or not that is a different question. Neil jonathan, looking at that i remember picking up steam, markets under President Trump with his first move to slash regulations. The tax cuts came a little later after that but it was in place with the slash in regulations. Joe biden coming in, promising to undo a lot of that with executive orders of his own. Too early to tell which ones go in a Biden Administration. I would imagine anything friendly to business is on the chopping block but how does this play in your Market Forecast . Neil, you really want to stimulate the economy it should be a continuation of President Trumps policies of deregulation. Not stimulus. Fda is probably the best example. It, deregulating, cutting a lot of red tape that allowed us to get to the vaccines we have today in terms of combating the virus. Were going unfortunately in the opposite direction, more spending, more government control. That has never been good for anyone of any economic social strata and in a way what powers the economy forward, Economic Freedom, certainly joe biden is not putting forth. Neil you know, ann, this has been a bipartisan buying bing whether democrats in charge, republicans in charge, where deficits grow each year. This is off the charts past year we got through with 3 1 2 trillion dollar deficits that used to be the total debt years ago. This brings us 21, 22 trillion in total debt. It grows no matter who is president , more than a trillion a year. The pandemic, a unique situation, having said that im looking at these figures, actually better than 27. 8 trillion, where do you think this is going . We keep kicking the proverbial can down the road. If markets are worry about it they are not showing that. Are you . I think it will be unfortunate to see what the administration continues to invest in. Neil, what is debt [inaudible]. There are certain key areas so important to the investment at the federal level in particular, to try to stimulate some of the drivers of future growth and future productivity so that the tax, the revenue base can actually come in over time to start paying that down. It will be critically important to see what janet yellen does with biden around the long talked about Infrastructure Improvements for the nation to continue to help productivity. It will be important to see what investment is made in a labor force to help to educate and train folks, particularly those displaced through the pandemic, to make sure that there is a cost from underlying growth that ultimately will help to try to pay off some of that deficit off without a huge hike in tax rates. Were seeing what fiscal spending is going to be directed towards and how that drives growth is really key to understanding ultimately what the stock market response to this is going to be. Neil you know, keith, i think something that is morphed in the years the definition of stimulus it used to be in the republican stance, cut taxes that is stimulus on the economy and away we go. Wall street is celebrating with more stimulus is coming actually with a lot of spending and thats just fine but im just wondering whether there is a limit to that and whether this notion whether it is a two trillion dollar, almost two trillion dollar covid stimulus plan, another environmental package that could cost trillions when all said and done . Stimulus is one thing, going into hock to get it is quite another. You know thats a key point. We seem confused with having a plan with actually doing something about it. What happened to the people in all of this. That is the thing, actually enrages me because real stimulus is about the creation of Economic Freedom to grow an economy. Not necessarily because somebody will spend their way into it. You cant spend your way out of debt any than you can spend into growth. You have to create an environment helping those left behind. That is one time i agreed with janet yellen, help those who struggled the longest but you have to create the environment where free markets flourish. That is the way you actually grow something. Forget about all the stimulus nonsense. Get the selfabsorbed leaders in washington to actually get the right check book out, not a checkbook at random to throw money at this. Lets go it. Neil jonathan, technology had an incredible run. It carried this bull market to new highs. Apple up 325 under this president. Microsoft 241 . Yet, if you take a look at all the technology chieftans and all, theyre no big personal fans of donald trump. Obviously he did a lot to cut their taxes you know, ease, you know, a lot of burdens on them. Will they have as big after friend in the white house, do you think, under joe biden who is raising their tax rates and limiting some of the things that they have enjoyed under this one . Raising their tax rates, neil, and also continuing on the president s policies unfortunately going after them in a political way. I think the biggest risk to technology which in many ways has saved us. What would life under the pandemic have been without facebook, amazon, netflix, all these Amazing Technology companies, and neil, theyre hated not just by the president and a lot of his supporters but by those on the left as well, those two opinions in evil words, antitrust will come back under the Biden Administration to haunt big tech companies. Microsoft comes to mind in early 2000s, it hindered the stock for better part of two decades Going Forward. If you chop the sector out of the technology sector, you chop the legs out of the market and economy writ large. That is a risk. Neil finally the market has its own celebrated president s. Loved ronald reagan. Loved bill clinton. Looking at some numbers we were sort of rifling through today, in retrospect if not right now will it remember and love donald trump . I think it will remember the volatility and i think the love level how biden takes what he inherited and the momentum stays. Neil that is a very cautious answer. Touche. Touche. No politics there. Guys, thank you all very, very much. We wrap up again, this is the last full trading day for donald trump but it has been an amazing four year ride in the markets when you think about where we were and where we are and everything was going so smoothly until the pandemic came up, right . Reverse, stop, everything. You always wondered what would have happened if that had not happened. Well never know for sure. Im a performer. Always have been. And always will be. Never letting anything get in my way. Not the doubts, distractions, or voice in my head. And certainly not arthritis. Voltaren provides powerful arthritis pain relief to help me keep moving. And it can help you too. Feel the joy of movement with voltaren. So youre a small business, or a big one. You were thriving, but then. Oh. Ah. Okay. Plan, pivot. How do you bounce back . You dont, you bounce forward, with serious and reliable internet. Powered by the largest gig Speed Network in america. But is it secure . Sure its secure. And even if the power goes down, your connection doesnt. So how do i do this . You dont do this. We do this, together. Bounce forward, with comcast business. Neil all right. Now high alert seems so cliche but Nations Capital on high alert ahead of the big inauguration tomorrow and doesnt rich edson know it from the first violence a couple weeks back to now preparing for the inauguration of the 46th president of the United States. But, rich, theyre taking no chances on this. 25,000 troops strong were told. To say nothing of hundreds of capitol police, and locking that city down like a drum it would seem. What is the latest . Thats it, neil. It is lock down here in washington behind me. You have National Guard members, capitol police, and seven foot tall fences youre not supposed to scale. They started ringing barbedwire through taupes of those fences. Tens of thousands of National Guard members here. That scene youre seeing behind me repeating itself. Were couple blocks from the capitol, library of congress, near downtown and the national mall, this is what washington, d. C. , looks like leading up to the that you race. Federal Law Enforcement are looking for threats around d. C. And across the country. There will be protests as there should be first amendment. Hopefully they will all be peaceful. Weve seen this time and time again at different inaugurations. I hope as we move forward there is not too much of a swing, where we dont allow individual groups either side of the aisle to again voice their differences and their opinions in a very peaceful way. Reporter acting attorney general Jeffrey Rosen says quote, the Justice Department will have no tolerance for anyone who attempts to mar the day with violence or other criminal conduct. He also says the fbi has received nearly 200,000 digital tips from the public regarding the riot here couple weeks ago. A Law Enforcement source is also telling fox news that the fbi has warned Law Enforcement agencies that the person who built the pipe bombs and left them near the capitol on january 6th has not yet been identified and is a top priority. The fbi also warned Law Enforcement agencies there is a concern that the person is still active and could be attempting to make more explosive devices. But meanwhile for now, it is roadblocks in d. C. , blocked off bridges all throughout washington and virginia coming into washington, d. C. You have got this massive, massive security friends and a whole mess of traffic away, the northern part of the city, outside of the security perimeter here throughout washington, neil. Neil all right. Rich, be safe yourself, rich edson in the middle of all of that, washington, d. C. Congressman Madison Cawthorn joins us right now, the North Carolina republican. He will be at the inauguration tomorrow. Congressman, good to have you. Do you feel safe there . You know what, neil . I absolutely feel safe being behind 20,000 National Guard troops but i do want to make it clear america should not become used to this or desensitized having troops virtually a police state here in washington, d. C. Im thankful for the protection but it cant be something we have as a common occurrence. Neil obviously had we not had that, riot and storming of the capitol probably this would not be happening, what do you think of that and how that made this sadly the reality . You know, as you just said, neil, it is a very sad reality, what happened on january 6th is unacceptable but i could believe government has time and time again in moments of crisis always overreached to try to limit more of our liberties. So im hoping that this will not be something that is going to be a Standard Practice from here on out. But i do am very appreciative to all the National Guard troops that are here. They are doing an incredible job. It is a very intimidating presence. Hopefully this will dissuade any violence because that is unacceptable. Neil even after the fact, congressman, you were among those who did challenge the electoral vote, final count when it came to congress, jointer session of congress. You had some criticism for that but you still stand by that challenge . You know i absolutely do, neil. Im not sure if you watched my video when i started to discuss the reason i was contesting it specifically because of constitutional issues. I couldnt prove there was any Dominion Software voter fraud or big uhaul trucks showing up with ballots but what i could prove state legislatures were circumvented in six key swing states. Regardless of violence which was sad, a terrible circumstance for our country it, does not change the constitutionality of what happened through the november election. Do you think it robbed donald trump of the election . Can you tell me that one more time, neil . Neil do you think it robbed donald trump of victory, that, improprieties and all of the other things that he cited robbed him of a fair win . That he actually won . You know what . I do believe that it could possibly, outcome determinative. Im not exactly sure. I was not contesting election for donald trump. I was specifically doing it for the constitution. Neil all right. So the people who blasted, not you specifically, congressman who clung to that, they did a great disservice around fed sedition, how do you answer that . Well you know what . There is lot of calls for myself, people like congressman matt gaetz and senator josh hawley and ted cruz to bees polled from the the con be expelled from the senate. This cancel culture is permeating into our actually government. It is dangerous and a dark road to start going down. The way i respond to that, using words like sedition or terrorist is wisely chosen by the left because there are certain precautions that are taken away when people are labeled terrorists. So i believe it is a dark road the left is going down. Right now people on the right including myself are calling for bipartisanship. Lets work on issues like term limits and infrastructure reform but what were seeing from the left is theyre only work with us if we agree to bend the knee. Neil depending on the poll, congressman, one out of four republicans think joe biden is the dulyelected president of the United States. Which means the vast majority, 80 do not. Do you, do you think after all of this that joe biden is the dulyelected president of the United States . Youre going to his inauguration tomorrow. You must think he is . I do indeed. I believe a lot of people are doing a great disservice to our nation by not going to the inauguration. I think going to the inauguration shows that we respect the office of the presidency regardless of the occupant. I think that is a foundational principle of being an american. So im going there right now tomorrow to show that no matter the differences we have throughout the election, and i challenged the election as hard as i could throughout the constitution, but using every legal means that i have, joe biden came out the victor. I will support his presidency because i believe it is the best thing for america. We need to start working together to work for americans, not just some violent mob. Neil you are right now are the youngest congressman and im just wondering, i know you just got started, congressman, but im sure those in the house always consider the next election two years away. Would you be open to having Donald Trump Campaign for you or on your behalf two years from now . You know i would. I think that no matter what happened on january 6th, we cannot discount what donald trump did for our country. Setting America First agenda. Neil, as you were saying in the segment before this, what he did for the market is incredible. I believe the dow jones is over 30,000 points today. I think that is an incredible job for what is going on in america. So i would be open to him campaigning for me because you know, he is a beloved person in my district in western North Carolina. Neil all right. Well watch very closely, congressman, thank you. Supposed to be very cold but well see how that goes. Congressman Madison Cawthorn, republican of the beautiful state of North Carolina. Stick around, we have the dow up 117, 118 points as we wrap up the last full final day of trading under donald j. Trump. Sm worked like that. Well have you tried thinkorswim . This is totally customizable, so you focus only on what you want. Okay, its got screeners and watchlists. And you can even see how your predictions might affect the value of the stocks youre interested in. Now this is what im talking about. Yeah, itll free up more time for your. Uh, true crime shows . British baking competitions. Hm. Didnt peg you for a crumpet guy. Focus on what matters to you with thinkorswim. Hi, this is margaret your Dell Technologies advisor to listen, is to hear more than whats being said. And offer the answers that make someone feel truly heard. I understand, lets get started call a Dell Technologies advisor today. Neil all right, were getting word via abc news right now that two army National Guard members have been removed from the Inauguration Security mission after vetting found that they might have had ties to farright fringe groups. The two guard members are among the, roughly 25,000 National Guard troops who have been sent to washington, to kind of keep it safe ever since the january 6th assault on the u. S. Capitol. They will be there not only tomorrow but through the end of the month. We heard as well reports that Security Officials were fully vetting all 25,000 troop members there. These two guardsmen came up in that process. Keep you posted if we find out anymore or how they found out they were tied to maga. The caravan is back, different caravan, different time, looking at a different president , in guatemala right now this insurgence of immigrants is catching attention all the way up to the border where they hope to be in a matter of days. For the first time test a new president with his policies on immigrants. Lets go to william la jeunesse following all of this in los angeles. Reporter neil, agents here fear the caravan could be beginning after new wave of mass migration from Central America. It largely ended after President Trump closed socalled asylum loophole, made people wait in mexico. Shutting border, apprehensions fell from 100,000 a month to 32,000 in december. Why take the risk of spending money with odds low of getting in. Now you have this, caravan of 8,000 according to customs and bored are protection, pinned down by the guatemala military 30 miles north of the honduran border. The government is holding its own waiting game. What they have got going now, in this group of mostly hondurans now say they need food and water. Translator we find many things are happening. Unfair were treated like this, like dogs, like animals. Children, parents, why are we treating them this way . It should not be. Reporter mexico sent 1500 National Guardsmen to its border with guatemala and six buses to Deport Anyone who gets through. Remember the hondurans are in a foreign country now. They dont know the side roads. They do know President Trump is leaving office tomorrow. Smugglers are telling them they have 100 days to get in and qualify for new citizenship bill that President Biden is proposing. Theyre trying to get in line. What we dont know, and biden hasnt said, when and if he will suspend that rule that denies entry to anyone at the border because of covid, which rages south of the border and inside of the caravan. No distancing, few masks. One in five in guatemala tested positive for the virus in this caravan. And it is an absolute human petri dish opportunity for the transmission of a demonstrably very transmissible virus. Reporter irony here, neil, biden team wants to reject all of trumps immigration restrictions without losing control of the border and triggering a new surge. Back to you. Neil that is a very sticky wicket there. William la jeunesse, thank you very much. We told you about confirmation hearings going on in the senate. Depending on candidate and the position. Little while ago we told you janet yellen queried a little bit what she wants to do as treasury secretary. Theyre looking at the Homeland Security department defense, state department, Jacqui Heinrich following all of those as well. Reporter good afternoon to you, neil. There are five hearings ongoing today but probably the biggest headline coming out yet, bidens nominee for director of national intelligence, threatening to a public threat a assessment of qanon if she is confirmed. Absolutely if confirmed would work with the fbi and the department of Homeland Security to get you an answer to that question. I know in particular you asked about foreign influence operations and how those are affecting qanon and how theyre exacerbating and rejecting the message that is being provided and the misinformation. So i will. Reporter avril haynes hearing is expected to see what the Biden Administration biggest threat and conspiracy theorists is on that list. He and deputy dhs second displayed an appearance of favoritism and special access for certain visa recipients back in 2016. My york cast pushed back. He said mayorkas inherited a badly broken visa immigration system. This is departure from trump era policies will be announced on first day in office. Gop members have tough questions for bidens nominee for secretary of state anthony blinken. Blinken played a role crafting the Iran Nuclear Deal while under the Obama Administration and inother questions bidens approach to russia and china. Perhaps most controversial hearing for bidens secretary of state nominee lloyd austin. Excuse me, secretary of defense lloyd austin. The recently retired general will require a waiver and could space opposition from lawmakers about eroding civilian control. They requested a waiver under james mattis under President Trump will feel pressure to be consistent. Were seeing arguments forming to support bidens nominee. The chairman of the House Armed Services committee tweeting his support an also on twitter senator chris murphy explaining why he voted no for mattis but plans to vote yes for lloyd austin, neil. Neil a little inconsistent there. Thank you, very much, Jacqui Heinrich on capitol hill. When we come back were still waiting to see the talk of the president issuing a lot of pardons, maybe up to 100, maybe more today. We dont know whether he will do them in one fell swoop, or announced or released. These always get a good deal of attention tomorrow as well. 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Wide Provider Networks including doctors and hospitals you know and trust. Plus dental, vision and hearing. And telehealth so you can see a primary care doctor remotely, from the comfort and safety of home. Because while your reverse dunk days may be behind you, your coaching days are just beginning. Aetna Medicare Advantage plans. Call today to learn more or to be connected to a local agent in your community and well send you a 10 visa reward card with no obligation to enroll. Welcome back to coast to coast. Im jackie deangelis. Weve been talking a lot about parler lately getting kicked off the web, possibly being able to come back, but of course parler initiate ad lawsuit against amazon over this claiming it is being kept from competing with larger rival twitter that is the issue. It is not Just One Company here. Many Smaller Companies being suffocated by big techs dominance and power and this crackdown. Theyre fighting back in court as well. In the latest antitech lawsuit, youtube rival rumble is suing google to unfair rig search out comes to its competitors. Cd had an app store. They said apple illegally squashed all competition depriving users of competition. Epic, creator of the popular game fortnite it is suing for being blocked by apple and google when they said that the game introduced a new direct Payment System that interfered with big techs rules as they call them. There is also blix, sonos, all suing big tech based on suppression claims and they claim that Silicon Valley is stacking the deck against them. Enterprises like google and others using their unfair market position and dominance in the marketplace to open press and use monopoly power to assert Market Forces that really shouldnt come to bear in a successful capitalist society. Reporter with a new president being sworn in tomorrow, a lot of questions how big tech will be handled as we move forward, neil. Neil jackie, thank you very much. Jackie deangelis. Meantime i want to go to james trusty, former doj prosecutor, much, much more. On the president planning a wheel rush of pardons in the final full day in the white house. He could issue some tomorrow as well, james. The essence it will be today. It will be quite a few names. We always watch these things closely especially on the final day or days of an administration. I remember quite well bill clintons last day, pardoning the global financeer marc rich. That was quite controversial. He was ripped by republicans and democrats. Controversies generally ensue on these things but theyre bulletproof, right . Once a president issues them you cant take it back, right . Yeah. Theyre bulletproof. The interesting thing in the society were living in now some of the recipients of pardons will probably spur state action. Pardon covers your federal crimes but not the state ones. I wouldnt be shocked if ambitious d. A. S in manhattan and elsewhere, this isnt going to stop us. Well find a way to jimmy it into state prosecutions although there are constitutional issues there with them trying to do that. It may not be totally done for some of the recipients. The intention to clear the name, to be done with the federal prosecutions. Neil james, were told that even though the president might have been considering pardoning himself, by the way there is no proof of that. That is out there in the public lexicon. Hard to fathom that anyway but can a president pardon himself ahead of time, sort of you know, make a pre, you know, defense move like that . Well it is unchartered territory in terms of pardoning yourself but the notion of pardoning before you have been prosecuted isnt new. Obviously Richard Nixon wasnt being prosecuted when gerald ford issued that pardon. It covers past conduct t can be a pretty wide blanket in terms of covering you from federal prosecution. We have not seen it before terms of it pardoning yourself. The constitution doesnt explicitly eliminate that possibility but Donald Trumps personality does. As hard as he predict to see hardest hit would hitting home would be pardoning family members but not himself. Neil that doesnt look likely either. Who knows with all of this. James, while i have you i wanted to get your latest thoughts on the Senate Taking up the house impeachment measure. I was raising this with a prior guest but can the senate just drop it, all right, this is a former president. An uphill battle anyway. We have enough on the docket are they constitutionally mandated, you have to do something, the papers will be passed to you eventually and you have to act on them . I think they could act on it by dismissing it as you would in regular litigation. Look this, is not sufficient to take his words and try to create a dog whistle and flip the meaning of those words is not what incitement to insurrection is all about. I think there are statutory issues in terms how you would construct incitement to insurrection. I think there are big issues with him being out of Office Although the democrats point to 1876, well, we did it once before. Murky territory could lead to litigation although i dont think courts are trying to jump in. Senate can table it, replace it with a censure if they want to, probably be okay in terms of any litigation. Neil well watch it closely. James trusty, former gop prosecutor, u that he very much my friend. Be safe be well. In the meantime we talk about all the president s picks and new cabinet but who he picks to head things like the Securities Exchange commission and Consumer Protection board and all of that, they can have enormous sway on the markets, particularly gary gensler for the sec. That is a gamechanger. Charlie gasparino will tell us why. There are many names for enthusiast. But theres only one way to become one. By going all in. The new lexus is. With a lower center of gravity, a more responsive suspension, and an aggressive wider stance. This is what we call going all in on the sport sedan. Lease the 2021 is 300 for 359 a month for 39 months. Experience amazing at your lexus dealer. So youre a small business, lease the 2021 is 300 for 359 a month for 39 months. Or a big one. You were thriving, but then. Oh. Ah. Okay. Plan, pivot. How do you bounce back . You dont, you bounce forward, with serious and reliable internet. Powered by the largest gig Speed Network in america. But is it secure . Sure its secure. And even if the power goes down, your connection doesnt. So how do i do this . You dont do this. We do this, together. Bounce forward, with comcast business. [ sigh ] not gonna happen. Thats it. Im calling kohler about their walkin bath. My name is ken. How may i help you . Hi, im calling about kohlers walkin bath. Excellent happy to help. Huh . Hold one moment please. [ finger snaps ] hmm. The kohler walkin bath features an extrawide opening and a low stepin at three inches, which is 25 to 60 lower than some leading competitors. The bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. Kohler is an expert in bathing, so you can count on a deep soaking experience. Are you seeing this . The kohler walkin bath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. Everything is installed in as little as a day by a kohlercertified installer. And its made by kohler americas leading plumbing brand. We need this bath. Yes. Yes you do. A kohler walkin bath provides independence with peace of mind. Call for 1,500 off your kohler walkin bath. Visit kohlerwalkinbath. Com for more info. Neil all right. To the guy they call gaspo, following gary gensler, getting a lot of attention the president s choice, president elects choice to head up the Securities Exchange commission. Charlie, this guy is making waves. Why . Well, the biden people are letting it leak he is a progressive and he will be tough on wall street. I will tell you most of the banks do not believe gary gensler is a progressive in the Elizabeth Warren, likeness of Elizabeth Warren that theyre just, biden is putting this out there to appease Elizabeth Warren. Gary gensler will be much more of a mainstream regulator. He is not a leftist. This guy used to work at goldman sachs. He was a pretty tough regulator under the sec under obama. I interviewed gary gensler in the past. I concur, were not talking about Eliot Spitzer to take down every bank he can. This will be a tough regulator but someone much more in the mainstream. So were asking, ive been asking around wall street executives what is he going to focus on . These are democratic wall street executives that have, that know gary and have spoken with him, here is what they tell me. That he is laying out his regulatory priorities. What he is saying at least as of now he is likely to focus on investors in burgeoning new market, like fintech. A lot goes on in fintech. Spacs, ways to evade the traditional ipo market. Spacs you can buy companies to invest in spacs. There is lot of potential abuse. Do they actually buy companies . Is there exposure . Cryptocurrency market as well. We believe he have will be much more evenhanded regulator not so much of Elizabeth Warren carrying on crusades. If youre into spac business, cryptocurrency business, fintech business, early read, gary gensler is coming for you. Neil, back to you. Neil charlie, thank you very much, charlie gasparino. Were keeping on top of this story on, abc news story, i notice the ap is running with it as well they have gone ahead and vetted out two National Guards men with ties to donald trump or organizations supporting donald trump like maga, what have you. They have been weeded out of the 25,000 plus that are going to be there. This is an ongoing process. Well keep you posted. Hi, this is margaret your Dell Technologies advisor to listen, is to hear more than whats being said. And offer the answers that make someone feel truly heard. I understand, lets get started call a Dell Technologies advisor today. Neil all right, i guess this is the case with an outgoing president proposes and an incoming one who disposes. Donald trump had wanted to lift covid19 travel restrictions from places like europe, the u. K. And brazil. Within just minutes of the biden camp rejecting that, peter doocy, our white house correspondent, following all these fast moving developments. Well, that was pretty fast. Peter, whats the latest . Reporter its like a tugofwar, neil. There is this new friction between the Outgoing Administration and the new administration about who has the power to control something that happens next week. The Trump Administration announced yesterday they want to lift some covidrelated travel restrictions for people coming in from the e. U. , u. K. And brazil, and the Biden White House says, no, theyre in charge on january 26th. Jen sackty tweets this the administration does not intend to lift these restrictions on january 26th. In fact, we plan to strengthen Public Health measures in order to further mitigate the spread of covid 19. Immigration is going to be a top priority in the first 100 days, a pathway to citizenship is going to get shorter if biden gets his way. Down to eight years from thirteen years for 11 million illegal immigrants. Knowing that were ready to work. And weve got a a lot of work to do. Its not going to be easy. Reporter but big immigration changes are going to be part of a package that the needs congressional approval. But first, something biden can do on his own, an executive order to reunite families separated and detained at the border. The one policy that was in place during the obama years for a time that biden during the campaign tried to distance himself from. So why should voters trust you with an immigration overhaul now . Because we made the mistake, it took too long to get it right. Took too long to get it right. Ill be president of the United States, not Vice President of the United States. Reporter we expect to see the president elect, soon to be president twice today, once at a s p sendoff event in delaware and then here this washington, d. C. He is going to speak at a covid memorial before overnight at the president s guest house, blair house, just right behind us. Neil . Neil peter, thank you very much. Peter doocy following all of that. Edward lawrence right now in washington on these confirmation hearings that are going on for the president elects top picks including janet yellen who will take over treasury barring any surprises. What have we learned from her remarks today, edward . Reporter yeah, the former fed chair, janet yellen, wasted no time saying she believes a lot more spending needs to get the economy back to stable the footing. She said there needs to be a large investment now in expanding unemployment insurance, helping Small Businesses and spend more money to make sure vaccinations take place. But right now with Interest Rates at historic lows, the smartest thing we can do is act big. In the long run, i believe the benefits will far outweigh the costs especially if we care about helping people who have been strug for struggling for a very long time. Reporter yellen says without the 1. 9 trillion relief package and another package after that, there could be longterm scarring to the economy. She testified that some of the tax cuts made by President Donald Trump need to be the repealed but not all of them, and there needs to be more regulation, not less, to make sure we avoid another economic trap like we got into during the great recession. Now, senator Chuck Grassley pushed back, listing how the deregulation and lower Corporate Tax rates led to record low unemployment and real wage growth for lower income workers. Now is not the time to enact a laundry list of liberal structural economic reforms. Reporter and yellen says that they are ready to use the full array of tools to help Small Businesses and people in need once shes treasury secretary. Back to you. Neil edward lawrence, thank you very much. We have been monitoring what janet yellen has been saying. She carries considerable expertise being a former chairman of the Federal Reserve and, of course, a lead head of the counsel of economic advisers under bill clinton. So when she makes remarks that its important that corporations and wealthy individuals pay their fair share in taxes, it always begs the question i raise here, what exactly is fair share . Is it getting the top rate back up to 39. 6 which is, i think, what joe biden wants to do especially for those earning 400,000 and over. Is it getting the corporate rate from 21 is to 28 , still less than the 35 it was at its height when donald trump took office. Want to explore that as well as the trump legacy as hes hours away from leaving office with the independent womens forum senior independent analyst, deneen borelli, and after the bell host, my buddy, connell mcshane. Connell, we have gone into this many times, this notion of what is a fair share to pay in taxes if youre a wealthy person, youre a corporation. It always seems to be a moving target. And im just wondering if it will get closer to what the biden folks are saying it is when, lets say, the top rate approaches 40 and the Capital Gains and other rates could be taxed at the same amount. What . It is a moving target. It is. They are going to push for all of the above for what youre describing with a particular focus, i think, on that top rate for individuals and also the corporate rate. But a lot of these questions will come down, just as they did, by the way, when president obama took over in 2009, to timing. It is a real open question now as to how hard the new Biden Administration will push for those tax hikes rather than focusing on things like speeding up the vaccine rollout which would have a positive Economic Impact, looking at other issues that would get stimulus into the economy quickly which janet yellen has also talked about today which would have a shortterm Economic Impact to be positive. Yes, they will push for higher tax. I think the hope is for many in the Business Community that that push wont be successful early in the administration, but i think youve said this a few times, neil, other the last week or over the last tweak or two is week or two that many of the same people work for biden that did in the Obama Administration, and they seemed to think the lesson is while you have the chance, lets push now. Well be watching closely to see if they make an early push. Itd be really hard to do in a closelydivided senate. Neil yeah. You know patrice, reading Barack Obamas book, that regret, frustration early on that even with the run of the table that the democrats enjoyed as they do now when he took office, he did put off the tax hike on wealthy individuals. The economy was tanking, so obviously that was supporting the notion if youre going to raise taxes, that was not the time to do it. But in retrospect given the nature of the wealthy and those secure or or taking such hits, it probably came too little, too late, hiking taxes. So do you think one way or the other joe biden is not going to repeat that, hes going to push this tax hike immediately . I mean, i think he will, neil. Certainly, he has a Vice President who has been full force for raising taxes particularly on the wealthy, scaling back the 2017 tax cuts, particularly calling them tax increases for middle class families. Disinagainous about when disingenuous when taxes would rise. It wouldnt surprise me if they would try to do that, but i would hope in the first hundred days the attention is going to be on the coronavirus and actually getting businesses reopened. Because, you know, its going to be difficult to tax people if these businesses shut down at the rates that we have been seeing them. And so to keep them shut and then at the same time taxing, you know, people who are generating jobs, people who are trying to keep workers employed, i think its going to be very politically untenable. Neil you know, delaware deneen, i know everyones fixated on this president leafing with the lowest approval numbers ever of his presidency, among the worst for any outgoing president , even Richard Nixon, that we dont focus on the economic record. Of course, theres a way to play that prepandemic, postpandemic, the markets soaring right through and after the pandemic. On those levels certainly the market sees one of the best president s weve ever had for that. But hes not given much of a bow for that. How do you feel about that . How much do you think was him, how much do you think was the Federal Reserve . Is this something that sorted out later because the markets had ronald reagan, bill clinton, a good many of them whatever your political views feel the same about donald trump. Well, neil, first of all, President Trump didnt get all that much credit from his accomplishments with the media that was so hardstrong against him. That is why his America First agenda, his agenda was for all americans, the forgotten americans. The Prime Minister was able to the president was able to implement a progrowth economic environment through tax cuts, through deregulation which is everything the Incoming Administration wants to overturn. But when you look at how we had record low unemployment, we had businesses that were able to reinvest in their companies, reinvest in their employees with higher wages, with benefits, with bonuses. So americans were able to keep more money in their pocket which helped our economy because they were spending money. And this is prior to the pandemic. And so our country was booming, our economy was booming, and were seeing the stock market and the different indices that have gone up at record numbers as well under this president. So when we see the Incoming Administration and they are so hell bent on raising taxes and regulations, were going to see the opposite effect with our economy. Finish. Neil all right. Way too early, but, you know, connell, looking at Technology Stocks that are soared, apple up better than 300 , microsoft 240 plus percent since four years ago this week, yet its those companies, you know, and a lot of their workers and the guys who run them not personal fans of trump even though, you know, he lowered their axes, he got a taxes, he got a lot of trade policies that, you know, you could interpret protechnology companies, u. S. Technology companies. And yet, you know, kicking them out the door. The money they made notwithstanding, i guess its just a lesson in life here. I dont know what lesson, but its rather revealing that these guys who benefited appreciably under donald trump seem to indicate theyre not going to miss him. Right. A lot of that around the country in general, and the stock market is maybe a microcosm of that. This has been a disastrous end to this presidency by just about any measure, so people are going to feel that way based on other factors. Now, on the flip side of that, neil, you were showing before you put up these Technology Stocks which have had spectacular gains under this president some of the energy stocks, stocks that his administration has been quite friendly to, in particular the big oil names. But they havent done as well, and that also is for another reason, the oil price coming down plays a big role in that. So sometimes you with might not be as friendly with someones personal politics, but youre the one who always says theyre not red or blue, these guys are green, and you figure out a way to make money. And in the case of exson and these guys exxon and these guys, you lose money. Neil we might have learned a thing or two, patrice, about liking a president s policies, not liking a president or his demeanor. And whether its joe biden coming in or future president s of after him, are there lessons to be learned here, to just go with your policies and let that the speak for you or the risk of going on tangents that tend to bury that . Well, i think a lot of people in the policy world, myself included, we spent a lot of time trumpeting what President Trump and his administration accomplished. Not only defending rhetoric and things that he said, but recognizing historically low unemployment was huge not just because it meant fewer people were unemployed, but black and brown people, you saw poverty rates that fell to their lowest levels. Thats something that should be recognized, and that has everything to do with policy. And certainly President Trump was talking a lot about helping the black community. But sometimes, you know, the things he said kind of got in the way. I think Going Forward when we look at any president , you want every president to do well because depending on their policies, if america is stronger because of a president , that benefits everyone. So, yes, i know when we look at the polls theres some voters that sat out the election because they doesnt like his rhetoric, but at the end of the day, you have to look at your situation and say am i measurably better off, and i think there are a lot of people who say, yes, i am measurably better off, and they were willing to stake their vote on that. Neil you know, deneen, very quickly, i see the Republican Party including Mitch Mcconnell welcoming back the senate today, once again blaming a lot of the upheaval that we saw on the president and his words. Theyre clearly trying to move past hill. Im not imagining that. You fear that could be at their peril, dont you . The senate moving past im sorry . Neil yes, im sorry. With the senate, Senate Republicans and the Senate Republican leader, you know, still zinging the president and how his behavior was at the time of the capitol uprising, that theyre done with it. Theyre done with donald trump. Not to every man and woman in the senate, im just saying is that risky. Youre not a fan of just dumping the guy and forgetting what he did, right . You think thats perilous. Well, im not surprised that some of these republicans are backing away from the president because theyre only thinking of themselves, first of all. And you mentioned Mitch Mcconnell, establishment republican who probably wasnt all in with President Trump anyway. And so theyre backing away from him and, you know, when i rook at the fact that look at the fact that the president is not solely responsible for what happened at the capitol. He said for people to go peacefully and to bait Law Enforcement. Obey Law Enforcement. You had some rogue folks there, republican, democrat or otherwise, whatever they were, who decided to take matters into their own hands. And people were there, neil, majority they were majority peacefully protesting, which is something that i dont hear about that much in the news. Neil all right. To be fair though, deneen, he didnt say that when he was speaking to them from the south side of the white house, go peacefully and all. He did say that later after the uprising, but thats what set the narrative that he pushed that. You think he pushed it to the extreme it became . Neil, i say that folks were there in washington, d. C. For a reason. They feel like they are not being heard right now. They feel like their voice has been drowned out, and they were there on their own time and their own dime to march peacefully in washington d. C. That is my response to all of this. I do not blame President Trump for what happened at the capitol. I dont blame him. Neil all right. We can agree to disagree. Guys, i want to thank all of you. You did a very, very good job. Well see how things go tomorrow. Of course, connell will be at the inauguration, getting a lot of great coverage from him. Stick around, weve got the dow up about 166 points right now, and were looking at these Biden Cabinet confirmation hearings that are going on still led by republicans but just tomorrow at this time by democrats. After this. Research shows people remember commercials with nostalgia. So to help you remember that Liberty Mutual customizes your Home Insurance, heres one thatll really take you back. Wow whatd you get, ryan . Its customized Home Insurance from Liberty Mutual what does it do bud . It customizes our Home Insurance so we only pay for what we need and what did you get, mike . I got a bike. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. So youre a small business, or a big one. You were thriving, but then. Oh. Ah. Okay. Plan, pivot. How do you bounce back . You dont, you bounce forward, with serious and reliable internet. Powered by the largest gig Speed Network in america. But is it secure . Sure its secure. And even if the power goes down, your connection doesnt. So how do i do this . You dont do this. We do this, together. Bounce forward, with comcast business. Neil all right, we do know that joe biden now plans a very busy first few hours as soon as hes sworn in and a number of executive orders and planned implementations including what he wants to do about the border situation right now and the restrictions in place on those coming from various countries. Particularly now in light of this caravan thats making its way up from honduras. Lets get the read right now from the Foreman Department of Homeland Security, Sentinel Security solutions ceo. Charles, good to have you. Were told that a President Biden would ease these immigration laws upon taking office. I dont know what that means, whether it would find a way, you know, a path to citizenship for the 11 plus million already here illegally, but others are interpreting it as a sign for those coming in in the future. Whats your worry . Hey, neil, thanks. I think the message needs to be, you know, now is not the time to make this dangerous trip. Policies around Border Security and immigration dont change overnight no matter who the Incoming Administration is, just doesnt work that way. We understand its a very dangerous trip, you know, coming from Central America to make the trip towards the u. S. , and nobody should be making that trip. Theres going to be nothing here right now at this time in terms of policies that are going to change to allow entry into the United States. As a matter of fact, i would say its highly likely that any immigration policies that you see change or be addressed within the u. S. Will impact those that are here already, right now. As far as border processing and things like that with customs and border protection, were going to have to wait and see how those policies are developed under a new administration. Neil you know, charles, im wondering when you interview some of these protesters, you know, dealing with the security forces, they said for some, not all of them, was this change in administrations in the United States and that they might be greeted more favorably than they were under donald trump. But the truth of the matter is that even under barack obama they were pretty tough standards about letting anyone and everyone in. In fact, to this day donald trump had the notion as the deporter in chief because he deported so many who did try to break through. Is so how do you think joe biden will handle this very caravan . Well, i think there always has to be priority given to anything around immigration. You only have limited resources, neil, to address the problem. So i think as it relates to the caravan, you know, we cant control the fact that every four years theres either a continuation of an administration or a new administration coming in as is the case here. We also cant help that, you know, in the Central American region that theres this anticipation that theres going to be immediate immigration changes coming to our laws. Its just not the way it works. So all you can do right now as it relates to the caravan is just clearly articulate that if you make this dangerous trip to the United States, theres a very certain likelihood that you are not going to get in the cup. In the country. And you are much safer to just stay and remain in your country and await any procedural changes to policies around immigration and Border Security. As it relates to the interior of the United States, i think youre also going to see a continuation of the prioritization of deportations. I think it will focus on criminal histories, those that are committing crimes while here illegally, and i think that will continue to be and should be the priority in terms of who were removing from the country based on the resources that we have available. Neil charles, i always learn a lot, my friend, senior Law Enforcement official. Thank you again. In the meantime here, to want to take your attention back to the virus right now. Its escalating in a lot of cities and states, but in germany theyve got a new problem, another virus variant, but its different from the u. K. , different from what we saw in a number of states, different from variants that have popped up in places like japan. So many variants, so little time. After this. Hi, im dorothy hamill. If youre turning 65 soon, like me, you might be thinking about medicare. I know i want coverage that connects all the different parts of my health care to keep me aging actively. Aetna Medicare Advantage plans offer 0 monthly plan premiums and Prescription Drug coverage. With benefits like dental, vision and hearing. And telehealth. Thats the aetna Medicare Advantage. Call today to learn more or to be connected to a local agent in your community and well send you a 10 visa reward card with no obligation to enroll. You are worried and you are word about the whole Vaccine Distribution plan. We do know that joe biden, once he takes over, all but wants to federalize this, that the problem is 50 different standards from 50 different states. What do you think about all that . The vaccine allows us go through our distribution plans and how were doing that, i think thatll work for us because i think were doing a good job. But again, the devils in the details. Sometimes when you get government of too involved in these operations, or things go sideways. Neil all right. So its working out for alaskas governor, but it is not working out in terms of Vaccine Distributions getting enough of them and on time for new york. Can we order them directly from you to speed up the process, other states like illinois, michigan, wisconsin have joined that club saying can we order from you, pfizer says, no, this is the procedure right now. But joe biden wants to up the ante and get out 100 million vaccines in his first 100 days. Grady trimble following this. I know you in illinois this youre in illinois there, but the problem is plenty of vaccine out there, but its not yet in folks hands. Reporter right, and thats what makes it so frustrating at this specific assisted living facility. Its in rockford if, illinois. They just found out yesterday that the residents here are not going to be getting the vaccine until february 11th, and like you said, theres plenty of vaccine, it just hasnt made it way to this specific facility. And nobody is more frustrated, i guess you could say, mabel sandberg, 95 years old. Youre supposed to be of the highest priority, and yet youre still waiting another three weeks for this vaccine. How do you feel about that . I think someplace something went wrong with the delivery of the vaccine, and i believe all seniors 75 and older living in facilities, that we should have been on the higher list of getting vaccine right after the high risk people that work in the hospitals and those in the nursing homes. I believe we should have been next on the rotation. And now i hear that in rockford theyre even going to let the jail members get vaccine. Reporter right. In other words, inmates in prisons here in illinois will be as category 1b which starts next monday, the 25th. Youre category 1a and still waiting. And were still waiting. Were waiting patiently, but i believe someplace the distribution of the vaccine took many different curves. And those who got the vaccine already, first, should have their second dose. And so how come we dont even have our first dose . Reporter well, we wish you the best of luck, mabel. And if you can see this used to be a lively dining room, and obviously they have to keep guests separated, they cant see their family members, so they really, really need this vaccine here to try to get life a little bit more normal. Neil yeah. That woman should be right at the front of the line, to your point. Graidty trimble grady trimble, thank you for that. Doctor, always good seeing you, my friend. We hear more and more cases like this where, you know, someone whos in that target population you want to reach right away isnt getting the vaccine right i right away. The fact is it keeps happening. How do you get this under control . Yeah, its tough. I mean, i think about 30 million or over 30 million vaccines have been distributed, but only about a third of those have been administered, so its definitely a problem. I think initially we started out with cdc guidance that was, in my view, complex. And as i alluded to last time i was on, actually i dont think it was well placed. I think what we should have done, as mabel suggested, was prioritized elderly people and rather than trying to slice and dice all these different groups for all sorts of other reasons, prioritize the older, vulnerable folks. And once we get those people vaccinated, once they have a level of immunity, people are going to stop dying from this disease. The hospitalizations are going to. Shrink, theyre going to plummet, and its really going to end the Public Health crisis. So you look at israel, for example, theyve already vaccinated 70 of the people over age 60, and i think that was the right approach. Its easier, more straightforward, and i think it will, you know, according to all the models, its certainly going to save more lives. Neil you know, in the meantime, doctor, and you were ahead of it before many, you warned me that, you know, even with the promise of vaccines we were going to continue seeing these spikes in cases and, indeed, we have. Its getting worrisome in places like germany which seemed to have this under control and now dealing with a new virus variant akin to what the u. K. Had to deal with and other countries including our own several states are dealing with right now. First of all, vaccines out there, can they address these variants . And what does this say about the progression of the virus itself . Yeah. So viruses mutate naturally. This is always going to occur, and its always occurred. What we see in germany we dont really we have no reason right now to be fearful or to panic over it. 35 individuals in bavaria, one small area, and we dont have any evidence or data that suggests that it makes the infection any worse or more transmisif bl. This is in contrast transmissable. This is in contrast to the u. K. Strain and the south african variant that are outcompeting the previous strains. We know theyre already infectious than this already infectious disease. Neil you know, its sort of outside your venn view venue, doctor, but its actually inside. I was talking to a broadway producer friend on the phone, and one of the things he lamented was forget about our trying to open up in the spring. The earliest id say, neil, is the fall, and that looks dicey. You hear this anecdotally where people are confident in some return to normalcy, april and may, heres a guy who puts his money on it and saying more like the fall. Where are you on this . So i disagree with the lockdown approach, and in my view and as somebody who just got over it, you know, i think its really mostly a threat to older people. And thats been the data show that, and thats the way we saw it all along, and i think many people have argued for more targeted measures and protections. And right now we have the only way that we can actually control this vaccine, the only way that we can really stop it, the only way we can really stop it is through the vaccine. And i think what we need to do is get our elderly and vulnerable vaccinated. Then what we have, basically, is a situation where were dealing with the virus that, look, its unpleasant. I wouldnt go looking for it. But, for example, for me it was more, it really was indistinguishable from the types of respiratory infections ive had the last couple years. And for every person my age who dies of it, theres probably a thousand just like me who experience an unpleasant illness. So i think that what we need to understand is that human beings deal with infections, we need to stop the deaths from them, the serious illnesses, the hospitalizations. We can do that now with the vaccine. We need to prioritize our elderly and vulnerable individuals and work our way down, and we need to go on with life. We cant stop living. I you, u. N. , i mean you know, i mean, to be honest, i didnt enjoy having it, but its liberating to go forward and really not have to worry about it. Neil i think covid has no idea what it was messing with when it picked on you, doctor [laughter] im glad youre well, stay well. Today knew youd be tough with it. Many others, youre absolutely right. Dr. Roger kline, Health Policy expert, much, much more, on that. In the meantime here, getting ready for the big day for joe biden tomorrow. A preview of what we could be looking at besides crowds that probably arent going to be there. And i cant do this for another day. 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Yes, it will certainly be different. Washington, of course, looks very different than what weve ever seen in an inauguration. I mean, the entire perimeter around the capital is closed off, theres obviously thousands of troops around the city, so i think it will be a very the tone will be very different than the typical celebration. I think joe biden will even have to display that in his speech tomorrow, how is he going to not make too much light of this situation that this is such an unprecedented inauguration also during such an unprecedented time during coronavirus. Neil now, we do know that theyre looking at all these 25,000 troops that are there now, i guess there was a vetting process. Abc news is reporting that two with ties to trump organizations were removed from that crowd of soldiers. But do we know anything else . Yeah, you know, i think theyre still investigating if theres any sort of internal threat here. Of course, that abc news report was troubling because, you know, we heard over the weekend that they were investigating, you know, if any of these troops had allegiances that could be with harmful, and be harmful, and two of them have now been removed. I think as they continue this, hopefully more news like that doesnt come out. But, yeah, from what i know theyre continuing to investigate these troops to make sure that everybody whos in the capital, you know, the thousands of troops around are all safe and not planning some sort of internal threat. Neil alex, i know youve been reporting excessively on this, but were hearing that joe biden is going to want to start at a frenetic pace with a lot of executive orders, sort of like an fdrtype 100 days agenda that will keep him moving. Of course, i dont know the order of things hell be pursuing, but he wants to hit the ground running. What can you tell us . Yeah, he definitely wants to hit the ground running. I think thats part of why hes even nominated people for his cabinet who are generally not going to be, lead to tough debates in the senate hearings, and they can quickly get confirm because he really wants the hundred days to get the vaccine rollout moving quicker and the vaccine to thousands of more americans. But also things like immigration and an executive order on that to get a pathway to immigration reform. Of course, then hell have to work with congress to get a bigger package. Same with infrastructure. Figure out what hebb do on the executive order front and then kind of call on congress after that to do what they need to do to actually get a huge package through. So i think hes trying to set a precedent here in these hundred days that hes going to be a president that cares about policy and getting things done and getting things done quickly, especially in comparison to what weve seen over the past four years, you know, maybe reversing some President Trump actions as well. And so hes going to use that to really show you off, you know, s legislative skills. I mean, he was in the senate for decades. But hes also going to really be focused on coronavirus. I mentioned the vaccine rollout. I think theyre ready and they will be day one, or at least theyre touting that they will be are, to really speed up this process and get the operation of getting vaccines in americans moving as quick as possible because theyve been very critical of the pace at which the Trump Administration if has been able to do it. Neil yeah, indeed they have. Were at this event were following in delaware, alec, but we do know as well that the enmity between the outgoing and the incoming president could not be more acute. Right away i noticed that joe biden rejected the trump push right now to lift covid19 travel restrictions on those coming from europe, the u. K. And brazil. So they dont see eye to eye on anything or sharing anything, do they . No. I think even Something Like masks. Like, weve hear joe biden say he thinks there should be a mask mandate nationally. President trump weve seen for months not even wearing his own mask. So, yes, this will be a very stark difference. Bidens not going to be afraid to do things that maybe are unpopular but that he feels in the long run is going to make a big difference. And i think he also though is going to have a large are focus on bipartisanship. Hell need that in the senate with a 50 50 split with the tight margins in the house. He needs people to be able to Work Together and get what he wants done or at least not get pushback on everything he does. And so i think well really see his tactics and how hes able to, you know, get consensus builders in congress, get republicans to work with him. And i think that will be a large focus of the first part, set that precedent of were all trying to fight this virus, boost the economy together and how can we do it as a bipartisan government. Neil real quickly, alec, a lot of republicans alex. A lot of republicans are saying though theyre no fan of the president , theyre urging and reminding democrats dont throw away the baby with the bath water. Theres a lot of good things the president did, helped turn around the economy obviously prepandemic and certainly lifted the markets with a lot of good ideas. Yet he is issuing executive orders that will do just that. He is pushing to raise the Corporate Tax rate his he is pushing to get investment related tax hikes as well. The message to the Financial Community is that, you know, youre not going to like what youre going to see. Yeah, i think theres definitely the fear amongst republicans, you know, we got the republican tax bill done early on in trumps tenure. Things like that that they can tout and say look how successful the president was in terms of Financial Services whereas, of course, a democratic prosecutor president is always going to be somewhat scary to the Business Community of what kind of taxes and things like that they can put on, on businesses. I think one early indication though has been his coronavirus plan that biden released last week. The Business Community largely came out in support for it. I think also just the fact that he had a plan, hes ready to hit the ground running from day one, the Business Community liked that kind of stability. And so that might be an early indication that hell be able to find allies there. But, of course, President Trump and republicans have been able to have allies there in the last four years themselves if theyll, you know, be able to jump to biden, i dont know about that. Neil all right. Alex, thank you very, very much. Good chatting with you again, the hill correspondent. As you can see, the president elect has now arrived in new castle, delaware. This is a sendoff, good luck, mr. President elect. Tracy and all my friends that are here, everything youve done for me and for my family throughout the years. Tommy, youve been a friend a long time. I look out there and i see mike. Mike, im glad youre healthy, man. Youre here, pal. [applause] [applause] look, you know youve all this is kind of emotional. [applause] but, look, youre with me my whole career and through the good times and the bad. I want to thank you for everything. On behalf of the entire biden family thats here today, i want to express how much you mean to me, to every one of us. You know, in our family the values we share, the character we strive for, the way we view the world, it all comes from home. It all comes from delaware. The state that gave my mother and father a home and a livelihood when they needed it most. A state that made my brother and sister and i, both of whom are here, understand that we could do whatever we dreamed of, whatever that was. And it gave me a chance when i was just a kid and believe me and sent me to the United States senate before going to the county council after going to the county council. Where jill and i found one another and where she made me strong as Ernest Hemingway wrote in all the broken places. And the state that loves our children and our grandchildren and loved our beau. And he so loved you right back. General berry, when the headquarters was named after beau, i told the general at the time it means everything to me, to hunter, to ashley are, to jill, to our whole family. Beau would be the first to say the honor goes to the men and women of the delaware National Guard and their families who gave so much, were true patriots defined by the courage of their character. And so its deeply personal that our next journey to washington starts here, a place that defines the very best of who we are as americans. I know these are dark times, but theres always light. Thats what makes this state so special. Thats what it taught me. It taught me the most, theres always light. When i came home after graduating from delaware and hen going on to law school and then going on to law school in syracuse, i got home after law school to wilmington. To our county. It had gone dark. Dr. King was assassinated. Wilmington had been in flames. The National Guard controlled the streets. And that turmoil inspired me to become a public defender, a step i never anticipated would lead me toward this improbable journey. But 12 years ago i was waiting at the train station in wilmington for a black man man to pick me up on our way to washington where we were sworn in as president and Vice President of the United States of america. And here we are today, my family and i, about to return to washington to meet a black woman of south asian descent to be sworn in as president and Vice President of the United States. [applause] as i told beau on that station waiting for barack and hunter, i said dont tell me things cant change. They can and they do. Thats america. Thats delaware. A place of hope and light and limitless possibilities. And im honored, im truly honored to be your next president and commander in chief, and ill always be a proud son of the state of delaware. [applause] as tommy better known as senator carper knows, my colleagues always used to kid me for quoting irish poets. They thought i did it because im irish. I didnt do it for that reason. I did it because theyre the beth poets in the world. James joyce was said to have told a friend that when it comes his time to pass, when he dies he said dublin, dublin will be written on my heart. Well excuse the emotion, but when i die, delaware will be written on my heart. [applause] the hearts of all of us, all we. Youve been there for us in the good and the bad. You never walked away and i am proud, proud, proud to be a son of delaware and i am even more proud to be standing here doing this from the major beau biden facility. Ladies and gentlemen, i only have one regret. He is not here because he, we should be introducing him as president. But we have great opportunities. Delaware has taught us anything is possible. Anything is possible in this country. So god bless you all and may god protect our troops. Thank you. [applause] jill told me not to become emotional. Im jills husband. Thank you. Please welcome rabbi Michael Beales to deliver the benediction. Neil all right. Joe and jill biden getting ready. Tomorrow at this time they will be the president of the United States and the first lady of the United States. Ahead of that, a sendoff to delaware. We should let you know as we the president elect has a busy agenda planned. Were told within minutes, hours of taking the oath of office, among the things he is scheduled to do is stop the Keystone Pipeline that could come literally within minutes, an executive order or a sendoff to rejoin the paris accords, to impose masks, wearing them on all federal properties as well as that 1. 9 trillion stimulus plan that he will lead himself and get personally involved in the night senate to make it happen. United states senate. Tomorrow that becomes the Democratic Senate. Some choice of his cabinet are going through the rigors including his choices for defense, state, and treasury as a few, headed by republicans who dominate the committees in a republican senate. That changes tomorrow as all of this continues. The message from joe biden i want my first 100 days to be eventful like fdrs, busy, eventful. That stimulus is one of reasons why the market continues to jump, up 165 points on the notion that more son the way. Right now is Charles Payne. Hey, charles. Charles hey, neil, thank you very much, my friend. Good afternoon, everyone, im Charles Payne and this is making money. Breaking right now, president elect joe biden and vicepresident elect Kamala Harris on the way to washington. He getting emotional saying goodbye to his son beau. The confirmation hearing was really a tugofwar over 15dollar minimum wage, salt deductions, taxing ago sets, how much debt is too much debt. I will get reaction from my two favorite economists and