Shake your head, the chaos and bitterness among House Republicans. Six holdouts voted against a spending bill. Speaker mccarthy needed help from democrats to pass it and keep the government open. Now matt gaetz says he will move to dump the speaker. Mccarthy to keep his job may need democrat support again. Where is the win in this . Politics california Governor Newsom will report butler to the late Dianne Feinstein senate seat. It looks like identity politics. Butler is female, black and gay. According to gavin newsom should be the first black lesbian and lgbtq senator from california. To the markets, no Government Shutdown no bounce for stocks as we start the new month of the new quarter, the dow is going to be down 70 at the opening bell, s p and nasdaq on the downside. A rotten week last week as well, little change for interestrate the ten year treasury yield 4. 6 is up this morning. The two year treasury the last time i checked was 511 on the twoyear period pick one back to 28300. Here is something i got completely wrong. Gas prices i thought with oil around 90 a barrel gas we get close to 4. It did not happen. Gas is down slightly to an average of 3. 81 for regular and diesel down 1 cent at 4. 55. On the show were daca have taylor swift in the studio but we have pictures of taylor swift at the jets game last night she was cheering on travis kelty playing for the Kansas City Chiefs. A huge tv rating jump packed crowd, the nfl is happy and they reportedly left separately. Monday october the second 2023, Varney Company is about to begin. Stuart the action is picking up in new york city. A Beautiful Day in sixth avenue is crowded at 9 00 oclock in the morning. That is a monday most people take mondays off. Fall in new york is the best time to be here. Well said, lets get to this, the house gop in turmoil, for the congressman that gates wants to oust Speaker Mccarthy and as matt gaetz tries to make that happen, some gop members are trying to expel matt gaetz. Charlie hurt with us this morning. I think matt gaetz and the holdouts are making this a laughingstock, can you tell me if there is a win in this . Of course that is the exact problem there is no win. I think a lot of republicans, mccarthy included would agree with many of the stated aims that matt gaetz is talking about. The problem mccarthy has to deal with getting things through the house and we may not like that and i suddenly be critical in the way that the leadership has handled a lot of the things in the house this year. The problem for matt gaetz, he does not have a solution just like when mccarthy got elected the first time there is no alternative. If you dont have an alternative to replace Speaker Mccarthy then all you are doing is disrupting the half wins or the quarter wins or whatever and aiding democrats. I was kind of surprised to see the democrats step forward to try to help smooth out the situation because they generally enjoy this so much, the reason that they did is because its all the polling in a rare turn they were getting, despite all the efforts to blame the republicans they were getting a lot of the blame. Stuart that makes all the difference when it switches sides. President biden thinks that trumps Maga Movement is on its last legs. Watch this. Is the threat to democracy be smaller than you think . I think the obvious thing happens. I think this is the last gasp or maybe the first big gasp of the mega republicans and i think try as concluded he has to win. You see whats happening in terms of what the maga republics are doing in the house, they dont make up a majority of the house with her bring it into a screeching halt. Maga republicans really on the way out. I think that the terrible misread, not only the Republican Party but the American People at large. I love how he talks about donald trump past to win. When you look at all the stops the joe biden has pulled out in order to protect his family were to protect his son and donald trump is a guy that has to win. The guy that has to win is joe biden. We are seeing a real time, i think the desperate to win and as these investigations in Congress Pick up and expose more and more of the dirty dealing that this family has been doing for a long time but worst of all recently i think is definitely talking about, but its not donald trump. Stuart charlie hurt, thank you very much. Now this trump is on trial in new york city this morning this stems from charges that he overvalued assets to secure business deals. There is good news a new poll reveals hes gaining more ground with voters after the last debate. Todd piper with me for the morning. How comes trump still gaining ground. Has something to do with answers that were given at that debate. I am aware you were at the debate. Trump up five points following your debate on wednesday, think about that everybody else down or Holding Certain i thought ron desantis had a spectacular debate, he lost three points. He appeared president ial, answered every question, combative when he needed to be combative and he lost three points. I have one reason why i think this happen. Despite you and dana giving them ample opportunity to inject bidenomics and how disastrous it is into every single answer, they whiffed on every single opportunity. This was a debate on fox business they shouldve taken the opportunity regardless of what the question, answer the first 45 in the last 15 talk about how it relates to the economy because everything does. At the end of the day when you look at the polls, what do Americans Care about, its always 38 and the next is always in the teens, they need to Pay Attention peoples wallets are on the line. People said he won the election by not being there. Governor desantis called out trump for copying President Bidens campaign strategy. I guess it was a basement strategy. With all due respect to donald trump we are not going to beat the democrats by adopting joe bidens basement strategy. You cannot be missing in action yet to show up, earn peoples votes and if youre not willing to do that voters will take notice. Missing the debate is like campaigning from basement. Not a strong argument. He has a lot of strong arguments this is not one of them. You see cameras with trump on the campaign trail, he has not attended the two debates. We got them there but hes been out there shaking hands, kissing babies, desantis needs to focus on the policy at this point its not his personality, desantis has any chance, policy, policy, policy. Gavin newsom has named Laphonza Butler to replace governor feinstein in the senate. I said this is identity politics do you want to take that on. I dont think you can look at it and say its anything other. Gavin newsom lagged this and said if Dianne Feinstein passed away, obviously we saw last week, i will point an africanamerican woman to the seat. He did in his hands are tied because karen bass is running for senate against porter and shift so we did not want to take the hand and get somebody advantage but what is curious about that he then said im not going to tell this individual Laphonza Butler that she cannot run. Pick elaine gavin. All of these are a kind of a pick on me to remain open. She can be the greatest senator in the history of our republic. Stuart thats right. Good to be with you. Check out the markets, its a monday morning. I see some red. The first thing this morning a few hours ago we were green now its looking like a hundred point loss at the opening bell. An interesting headline from the page of the wall street journal, americans are still spending like there is no tomorrow. Jeff sica, do you think things will take a downturn as we head toward the holiday. They have to, i think what is happening you are seeing all the headlines come out about world war iii, the end of the world what consumers have become. They have become nihilist preparing for the apocalypse. What they are doing, they are spending like their party and i 1999. And what now is a trillion dollars of cut card debt and Interest Rate is 22 pretty talk to anybody that runs up a credit card balance, they dont realize because we are in a culture that believes in instant gratification. Stuart starting today Student Loans have to be repaid. The average borrower of the student loan owns 400 month. They have to be paid back to. Stuart a quick question about mick jagger my old pal. Is he really going to give his 500 million fortune or thereabouts to charity rather than to the eight children. Saying that you went to the London School of economics like mick jagger, i would consider you to be the mick jagger of business television, that is a great complement. I love mick jagger, he is saying this you know from years of following mick jagger he plays with the media, he knows how to get there goat, he is saying this but ultimately he knows a lot about taxes and he knows about his eight children and what type of people. Keep in mind inherited wealth is not always the best wealth. Warren buffett is giving away his money he might be looking at that same good to be rich ligon have a lot of money regardless they dont need an obscene amount of money to make them worse people. Stuart you like the Rolling Stones because last week you bash the beatles. Lucky to be back. Moving on we will see you later. The migrant crisis is so bad in new york the democrat governor kathy hochul is calling up order policies. We wanted to have a limit on who could come across the board. It is to open right now. People coming from all over the world are finding their way through simply saying they need asylum and the majority of them end up in the streets of new york. The president ignored the border crisis when he was here in the city. The nfl went full taylor swift for the chiefs jets game last night, the nfl has never seen anything like this. We will be back. Were traveling all across america talking to people about their hearts. Ooh, take this exit. Hows the heart . I feel like its good. You feel like its good . How do you know when its time to check in on your heart . How do you know . Let me show you something. It looks like a credit card, but it is the kardiamobile card. That is a medicalgrade ekg. Want to see how it works . Yeah. Put both thumbs on there. That is your heart coming from the kardiamobile card. Wow with kardiamobile card you can take a medicalgrade ekg in just 30 seconds from anywhere. Kardiamobile card is proven to detect atrial fibrillation, one of the leading causes of stroke. And its the only personal ekg thats fdacleared to detect normal heart rhythm, bradycardia and tachycardia. How much do you think that costs . 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Stuart congress able to push through a spending bill avoiding the shutdown with hours to spare. Hillary vaughn on capitol hill, tell me what is in the spending bill. This is a temporary fix keeping the government funded at current levels through midnovember it does not include extra funding for ukraine it also does not include extra money for the border but the president signing over the weekend already preparing to do this all again a month from now. Stop playing games, get this done. This agreement today with a crisis ending in 45 days now is already moving down just before thanksgiving. I am sick and tired, ive never quite seen Republican Congress or any congress act like this. House speaker Kevin Mccarthy had to get help from democrats to get this temporary spending bill passed to avoid a shutdown something that he was forced to do after republicans voted against a more conservative package that had spending cuts and boosted border funding. I did not want to have to do that the day before we had the most conservative stopgap bill to secure the border and cut wasteful spending the sad part i had 21 republicans vote no, the government was going to shut down it was not Hakeem Jeffries wanting to have this, he tried to adjourn. Even one democrat took a page out of an Elementary School handbook pulling the fire alarm trying to buy democrats more time, democrat from new york Jamaal Bowman said he was trying to figure how to get out of the building so he can vote. Thank you so much lets bring in stephen mark, come on into the show in my opinion conservatives lost big time thats where im coming from, can you tell me if there is any win for conservatives after the debacle yesterday. Listen there has been 21 Government Shutdowns over the last 40 years this is happened a lot, one thing that has been similar about every one of them, republican president the Democrat Congress is in democrat president s and congressmen but the one thing thats always been the same in every Government Shutdown, the media always blames republicans, i dont think a Government Shutdown would be a wise idea, this was a way to get us through the next 30, 45 days, ill tell you this will be talking about this budget issue until probably christmas or maybe new years because two sides are not close. One other point when President Biden says im tired of playing games, this is not a game, were borrowing to trigger dollars a year under biden the debt which is 33 trillion is headed to 60 trillion, that is not a game this is as serious as a heart attack that we do something about the massive Government Spending and debt. Stuart this is a defeat for republicans, this is a defeat for conservatives we will go on taxing and spending and running up the debt to 40 trillion because of the activities of a small group of people who want to blow up everything, that is not a wind that is a majorleague loss. Here is the thing you and i have known each other for 35 years theres nobody that wants to cut the budget more than i do, i think we should be taking a chainsaw to the budget, you have to be real too. The republicans have a very, very slim majority in the house of five votes they dont control the senate they dont control the white house, the idea the republicans are going to walk away from this with a major victory is unrealistic i think that to get the best possible deal that they have. If you want to see the budget cut and a return to financial sanity you have to get rid of the president. Stuart they rejected that bill which would have cut spending which would have given Border Security some money. They rejected it, kicking it aside. I was in favor of that i think most people watching the show. Stuart five or six turned it down. 218 votes to get the bill passed and even if i had been passed that would not pass the senate because Chuck Schumer would not bring it up for a vote, come on we have to be realistic of what the problem is its not Kevin Mccarthy is Chuck Schumer and joe biden and prickly some republicans that dont want to cut spending that is a real politics of what is going on. Or close it out with this, there is no point in pushing out another speaker in making a way for speaker gaetz. That is ridiculous. Stuart thank you stephen. Pause for an agreement. To think joe biden wants to cut spending. He has increased spending over the last two half years. This is someone with the most financially reckless president in history, we have to get change in the 2024 elections if were going to do something. You and i agree this is a national catastrophe. You are alright, well see you again soon. Last night the Kansas City Chiefs took on the new york jets on sunday night football. The big story was not on the field, taylor swift was there. They can write angry letters for Stephen Moore going over time. They get mad. Kansas city chiefs take it home with a starstudded crowd, taylor swift cheering on travis kelce and she brought some of her friends blake lively, brian reynolds, i believe they are married. Aaron rodgers cha cheered on his team and there was still a game to be played. The chief starting hot out of the for 17 points but the jets crept back up tying the game with two touchdowns zach wilson, were not seeing the images now, crippled man walking on the field until Patrick Mahomes sealed the deal with the late scramble. Escaping the game Patrick Mahomes before the touchdown that will end the game. The chiefs securing an unrelated story if i go to metlife and i dont want the giants to play on monday night football all i need to do is pull the fire alarm. Stuart i knew thats where you were going to recheck the futures, a little red on the lefthand side of your screen, the dow down 60 points. The opening bell is next. This is Spring Semester at