Stuart 10 00 eastern time. I feel good. It is indeed 10 00 eastern and well go straight to the money. Not much Price Movement and the nasdaq down and now its up 14. Other than the nas dab, not that much movement. Ten year price to the treasury. Wheres the yield . Moving up a little 412 on the 10 year. Watch that carefully because gasoline prices going up and oil at 83 a barrel as of this morning. Bitcoin priced at 29 grand. We have numbers on consumer sentment released about one minuting a. Lauren, whats the number . Lauren slightly better than expected and the number for august, 71. 2. Inflation expectations, this is big after all the inflation reads that weve gotten this week. Inflation expectations, one year out went from 3. 4 slightly lower and stayed at 3. 3 and steady as she goes. Current conditions were feeling good and that number is stronger than expected and Consumer Expectations are feeling not so good and that number, the market did nothing on this report. Stuart thats the markets, thats whatever we have told you. Now this. The president wants to spend an extra 40 billion on what you may ask . Well, heres the breakdown, see what you think. 24 billion goes to ukraine. A lot of republicans not happy. They they were bogged down financing another long war. 12 billion to disaster relief. Not much argument after the devastation on maui and then theres 4 billion for Border Security. Wait a minute, 24 billion for ukraine and only 4 billion for our border. I dont think thats going to fly. Theres a limit to how long this country will tolerate bidens open border, and this pittance for socalled Border Security is a sick joke. Because he keeps the border open, cities and states around the country are ham rajing money. Hemorrhaging money. They have to house, feed, educate, and medically treat hundreds of thousands of migrants, probably millions. The bill in new york city will be 12 billion, imagine the cost nationwide. So biden spends an extra 4 billion for Border Security and runs up a giant bill because theres a total lack of Border Security. Right from the start, our president made sure our border was open. He abandoned the wall and ended the stay in mexico rule and commissioned an app to speed up the flow. Millions have come in. He got what he wanted, america did not. Second hour of varney just getting started. Stuart i think biden wanted an open boa boarder and i think hen the deal. What say you, Shannon Bream . A lot of people in washington feel the same way and theyre trusted and have democrats speaking out about whats happening like eric adams in new york city and all over the place, theres been lawsuits in chicago, other big cities saying we cant handle the influx and People Living along the border say weve been handling this influx. In july, numbers up 30 illegal crossings and its a real problem for the administration. One you dont hear them talk about very and have certainly when it comes to the Vice President being assigned to handle the root causes of migration, were still waiting to hear from hear and now this may open the spending fights and congressman chip roy out of texas, a republican saying to all of his fellow republicans, do not fund the department of Homeland Security unless we get concrete structures in place to enforce Border Security. This could be a big show down in september for those Appropriations Bills too. Stuart lets turn to the law and very much your area, sha shannon. Special Council Jack Smith wants a trial for donald trump and is that fair for all the trials . He has a lot of trials and want to start january 2 saying itll take 46 weeks and his team says absolutely not. That falls during the iowa caucuses, new hampshire, south carolina, nevada all the early state where is hes fighting to lock in the nomination. Theyre going to go to the judge and say, its not possible to do it. They also say they need to see the evidence first and they argue we cant know when the trial should start and how much prep time and how long itll take and seeing the evidence and we done want to turn over evidence and iron out the protective order and arguing about that in court today and what evidence and material the former president will or will not be allowed to talk about publicly. Stuart whether theres a trial in january or not is that really its important but therell be other trials, which will occur next year before the election and right in the middle of the campaign. So regardless of jack smith and january 2, this is going to be unfair right from the get im saying its unfair. Will you agree with me on that . I would say this, its going to be a handful for him and his heel team to prep legal team to prep any one client for a trial is excessive. For three or f four or five tris is cumbersome and his team tried to argument worship godding on a trial date in maralago on the case set for may of next year, theyd argued the man is running for president. The judge said people charged with federal crime haves important jobs all the time. You have to show up in court still. There are plenty of folks saying this is designed to keep him off the campaign trail and hell say ive time im indicted and tace a trial, ill go up in the polls and in the fundraising and so far hes been right. Stuart okay. Ill do the opinion and you stick to the facts. Thats what youre good at. Ill mind myself in the future. Shannon bream. Great to see you, stu. Stuart you too. Watching 2 00 eastern on Fox News Sunday with Shannon Bream. Back to the markets. Why not. Weve got a bit of a turn around here and dow is up 50. Not that much. Nasdaq down 70, not that much. Charles payne is with me. We had this earlier on the show, for years weve been told a debt bomb is coming and were borrowing too much and deficit too much and well have a credit crunch. Chief Investment Officer for gugenheim said its coming. Are you worried in i think all the missed projections from the experts is underestimating how much 7 trillion in free money you cant use traditional models with that kind of cash. Its nuts. I think almost everything predicted has a great probability of happening later. You know, so this first half, whatever malaise we thought all this kind of stuff. Its hard not to. You look at this last new york survey of the Loan Officers and everyone tightened, everyones tightening their standards and the thing on the flip side, theres no demand. Mortgage demand evaporated and who want buy a half at 7. 5 and theres no demand but if you need a loan, youre going to pay out the nose nor it, if you even qualify. A credit crunch. Stuart credit crunch. Thats on it its almost upon us, isnt it . Its there and just these things are taking a longer time to materialize and work their way through the system. Thats just the function of all of this cash. The bad part of this cash thing too though is it keeps inflation elevated and inflation is still sort of endom colles and what comes down and i saw a headline, i saw a Goldman Sacks saying it was soft, number was soft. Wasnt soft, it was softer. Not soft. 4. 7 core inflation. The last time it was that high coming down from a peak was in 1991. Many people havent lived under these types of inflationary periods and its being seen. Stuart bringing up this. Remember last year, charles, when President Biden said Inflation Reduction Act would lower inflation. Brief sound byte, roll it. This is the strongest bill you can pass to lower inflation, cut the deficit, reduce healthcare cost, tackle the Climate Crisis and promote energy security. Stuart hes admitting that it had lit toll do with inflation. He says now hes saying and im quoting, i i wish i hadnt called it that and less to do with inflation and more for providing alternative that generate economic growth. All right, charles, were we sold a bill of goods . I heard five or six fibs in that sound byte. Of course it doesnt. All the government money stoked inflation in the first place and how can you add more care to the fire and say the fire will go down . The problem with the Biden Administration and everything they do going out to the public and goes and runs by the pr first. The afghanistan withdrawal and how do we frame it so look good and everything about how do we make something look good. Never heard that president and admit they wont make anything. Coming back and saying theyll talk about growth that. Is not growth. This is spending. Spending is different than growth. If youre walking down the street and you find a suitcase with 1,000 in it, youre going to spend it but thats not growth. That hasnt changed your life. It hasnt given you any skills. Its probably going to end up putting you in debt because youll spend a thousand and feel good and put another thousand on your credit card. Stuart its consumption. Right. And theyve conflated this number so much and people know, the general public knows and numbers coming to economy and just wont climb. Stuart check he out making money with charles payne. If i watch will i make money . Hell yeah. Or sometimes youll lose less. Stuart all right. I like that. Charles, youre all right. You got it. Stuart thank you, sir. Lauren is back with the movers. Whats this . Cano . Lauren cano health. Its a primary care provider. Its 55cents but down 63 . Stuart what happened . Lauren well, they said they dont have enough liquidity to cover the cost of doing business and net loss in the quarter widened. Yeah, i feel like this has been a theme. Stuart thats a serious subject. Lauren seeing more and more companies teetering on bankruptcy coming out and saying pointblank, we might not be able to get through this. Stuart got it. All right. Tapestry. Lauren Coach Handbag maker owner. They said theyd buy jimmy chou Capri Holding in a deal valued at 8. 5 million. Its normally the other way around. Stuart Capri Holdings is jimmy chou shoes . Lauren yes. Michael khors too. Stuart are they the red bot bottomed . Lauren no wait, youre confusing me. Stuart oh, louie vitton. Lauren wait, youre confusing me. I confirmed, no red bottoms. The flight was sued and Class Action Lawsuit because of that. Theyve settled undisclosed some and if you took a flight in that time period and youve requested a refund and got a future credit instead, submit a claim and get cash back. Stuart fine, but i bet the lawyers took at least 30 of the takings and full expenses. Dont start. Meanwhile the faa acknowledging the depths of air Traffic Control issues. Lauren they are saying airlines can continue to fly less or reduced schedule this summer with no penalty. Typically if an airline scales back their travel, they lose a landing spot in new york or dc. This is a huge deal. The faa saying we dont have enough air Traffic Controllers, its not your fault. Keep through october your reduced schedules, no penalty. Stuart where is Pete Buttigieg . Lauren asking that a lot. Stuart thanks, lauren. At least 55 people dead after wild fires spread across the island of maui and latest on the Service Connected and have rescue mission. Donald trump has strong words for biden. And trump said biden has iq of first grader. Will this kind of rhetoric or words resinate with voters or push them away . Were on it. House oversight chair james comer wants to subpoena biden family members. Former House SpeakerNewt Gingrich said republicans need to go slow with impeachment inquiry. He joins me next. I have lots of monthly subscriptions. Streaming, music, news sites. Then i went to experian. Now i can see them in one place. And the ones i forgot about . Experian can cancel them for me. See all you can do at experian. Com save now. With a majority of my patience with sensitivity, i see irritated gums and weak enamel. Sensodyne sensitivity gum enamel relieves sensitivity, helps restore gum health, and rehardens enamel. Im a big advocate of recommending things that i know work. This is american infrastructure, a prime target for cyberattacks. But the same aipowered security that protects all of google also defends these services for everyone who lives here. I wanna hold you forever hey little bear bear. Im gonna love you forever to have and to hold from this day forward. You dont. Cmon, bear. You dont have to worry. Be by your side. Ill be there. With my arms wrapped around. Wow, you get to watch all your favorite stuff. Its to die for. And its all right here. Streaming was never this easy, you know. This is the way. You really went all out didnt you . Um, its called commitment. Could you turn down the volume . Here, you can try. Get way more into what your into when you stream on the xfinity 10g network. Stuart let me deliver a little clarity here. Im reliably informed by our female producers and lauren that christian l liubu it, ton shoes have the red bot tons and jimmy chou shoes do not. Nasdaq up 80 and jimmy choo shoes do not. The biden family received 20 million from foreign sources. Where did the money go . Chad pergram joins me. Chad, did President Biden receive any of the money directly . Welshes the short answer is no, but 20 million as you say is how much biden Family Businesses received overall from interest abroad. Republicans are trying to unwind this. Weve already proven that this family received over 21 million from some of the worst people on the planet from some of the most adversarial countries on the planet. And yet they cant account for what they did to receive this money. Lets explore the biden family tree. As in the money tree. Public records reveal the president s brother jim biden scored 360,000 through one company and hall by widen and reman take partner of hunter biden scored 350,000. Robinson walker l. L. C. , ask associated with hunter biden narrow angled around 30 million. Banking records speak nor themselves. No one does business like this. Its one thing to receive the money and did the bidens properly account for it . No records paying taxes on 20 million. If you and i sell 600 worth of stuff on e bay, we get a letter from irs. Theres a two pass system in the country. The Biden Crime Family syndicate and the rest of us. And currently the rest of us are getting pretty ticked off. The white house denies wrong doing and the Administration Says repeatedly that the president was not tied to his sons business dealings. Stuart. Stuart chad pergram, we got it. House oversight chair james comer wants so season biden family members. Roll subpoena biden family members. Roll tape. This will always end with the bidens coming in front of the committee and were going to subpoena the family and were putting the case together to win in court. Obviously with all the opposition and obstruction were getting from the biden attorneys now. Stuart would these subpoenas be another big step forward towards impeachment inquiry . Well, itll be a step, but i think its important to recognize first that if they can get hunter biden in front of the committee and virtually all of the answers will be pleading the fifth amendment. I may educate the country that certainly implies selfincrimination for the fifth amendment is doe signed to protect you from designed to protect from being incriminating and his attorney saying on every question take the fifth. The Judiciary Committee and ways and Means Committee and more today than two or three monthsing a. One example, theres a phone call from dubai that is listed as to a dc source and a phone paid for by Hunter Bidens company, which joe biden was using outside of secret service and other white house records. Going to kyiv and specifically threatening a billion in taxpayer money if the ukrainians did not fire the prosecutor who is looking into burisma, the company that hired hunter biden. Thats not building the brand. We need to subpoena the telephone and records of the people that are actually in dubai. We need to subpoena the speech writers scripts to find out when did they have the attack to the speech in kyiv and when was this part of it, but frankly theres an example where joe biden using power of presidency and using tax money threatening a billion in aid to ukraine is directly helping his sons company. Now, thats a potentially straight out bribery, which is one of the constitutions examples of the legitimacy and constitution mentioned bribery. I think that all has to be subpoenaed and all has to be reviewed, and we need to get it out in the open. Then we need to bring them in when we have absolute evidence and they cant just bob and weave, but theyre faced with the reality of their criminal acts. Stuart Donald Trumps language and hes been out on the trail. He had extremely harsh words and said biden has the iq of a first grader and called him he was mad, lunatic and do you think that kind of language at this point . I think President Trump has enormous strengths but his occasional off the cuff attacks arent part of those strengths. I think hed be much better off to elevate the campaign for the American People. This most recent example and biden approved giving the iranian dictatorship 6 billion in order to get five americans released. That would be a good legitimate fight because trump got hostages released without ever paying the People Holding them hostage. And as a clear contrast, i think trumps much better off to elevate his campaign and not just rely on the kind of off the cuff language that hes used and also one for Chris Christie and nasty personal att attacks