♪ ♪ stuart: well, good morning, everyone. it's a very big day in politics and money, and our bread and butter base lift let me start with the market because that is a rale lauren: folks. there's a flood of green on the left hand side of your screen. the dow is up close to 1,000 points and about 2.3% and nasdaq up 600 points, nearly 3.4%, significant gains across the board. however, check the farmer stocks. big pharma, trump signed executive order on drug prices and i would have thought the pharma stocks would have gone down and not sell, but they're now moving higher.

got to figure that one out. big tech, with nasdaq showing a solid gain. am zahn, apple, nvidia and microsoft on the upside. how about the 10-year treasury yield, it's been going up now at 4.43%. now this, on trays, trump's on a roll. trade deals, peace talks, hostage release, lower drug prices. and the democrats, they've been reduced to defending criminal migrants and demanding return of a wife beating gang member. they're leaderless and apparently lost. we're looking at a tsunami of positive news, all related to president trump. in switzerland, trump's team held two days of deals that no one expected and china lowering tariffs by 115% and boosts all tariff negotiations, the china deal vindicates trump's trade revolution and investors clearly

love it. 401(k) looking much better. the china deal is number one. number two: today's executive order of lowering prescription drug prices. wasn't this supposed to be a democrat issue? third, putin would like to meet ukraine's zelenskyy in israeli stan bull, turkey. zelenskyy agrees. face-to-face for the first time to end the killing. it was trump that got them together. fourth, trump jumps into the india pakistan fight and forces a ceasefire that is holding. fifth, hamas agrees to release of one remaining american hostage in gaza. does anyone seriously believe that he'd be coming home if kamala harris won the election? number six, president heading to saudi arabia where he'll accept a gift from the royal family of qatar. it's a brand new booing 747 and user -- boeing 747 used for air

force one and then maybe even after he leaves office. the defense department getting a brand new plane, free of charge. last 72 hours have been intense, china deal stock rally progressing with lowering drug prices and history in the making. trump is on a roll. second hour of varney -- no, third hour getting started. well, look who's here, principle of the markets and up to close to 1,000 points and nasdaq up 620, 3.5%. that's a rally. steve forbes with me. it's been a remarkable weekend for trump and his administration. he clearly has political momentum; right? >> absolutely and you made a point about the democrats. the democrats today like the republicans were back in the 1930s when therapy floundering -- they were floundering even though the new deal wasn't doing well.

republicans ineffective opposition and not coming up with anything good. democrats are in the same position today. one thing you've mentioned and not getting the play it should and could have led to disaster is agreement on india and pakistan to cool things down. they're both nuclear powers, both were escalating, and neither wanted a war but the kind of things we saw going back to world war i, things can spin out of control and putting that fire out is more important than some of the other things that were announced. that could a been a disaster. stuart: is it possible that trump's political no mentum from the trade deal with china will carry through and help him with the lower tax deal that we've got coming up in congress in >> it's going to, and it's badly needed because the republicans are not deatherring but they're not going in for the -- dithering but not going for the big tax cuts that the economy needs. i hope the presidentx rates and there's no state about salt and they'll lower rates and you get

even more with incentive to earn more. i hope this goes over to the tax bill, which has not been as real robust as it should have been. hopefully now we'll get the tax cut that's truly big and beautiful. stuart: what we want is growth. we want real, strong, economic growth. >> absolutely. stuart: will we get that growth in the second half of this year if we get the tax cuts through and more trade deal s? >> you'll see it more going into the next year, and the thing is when people go to the polls in 2026, they feel things are really moving in the right direction. so i think the first quarter of next year is fine. i'm not worried about the second half. stuart: steve forbes, glad you were here on a very important day. appreciate it. >> thank you. stuart: quick check of the market again, thees dow is up 1,000 points. that's 2.4%, nasdaq up 600: 3.5%. jason katz with me this morning. talking about the strength of this rally. has it got leg s? >> i think so. look, the path of least

resistance is going to be the -- to the upside inspite of the 20% rally off the lows. i think we're looking at roughly 5 or so% upside from here. there's a lot of tail winds. oil down at 62, 63. that's effectively a tax cut. speaking of which we're going to get the tax cut or the extension of them in the latter part of the year and deregulation, and in spite of all this tariff noise, what happened? earnings still resilient and jobs still held up. so trump not only got china to the table, he got them to eat the ear we served. >> nice way to put that. i like that . going to steal that off you. you realize that, don't you? so what should investors be focussing on? if the rally has a ways to go and if it's got legs, what do i look at now to buy? >> you have a green light to go back into the a icon flex, and the energy, the electrification, the grid in particular, you know, stu, we haven't upgraded

the grid in 50 years. we're expected to spend roughly $4 trillion in upgrade of the ai complex in just the next five years alone. so ceos were sitting on their hands, part of the narrative that weighed on the ai complex is we don't know what's with tariffs and don't want to spend the money. they now can let it rip so you want to be in that space, again, you've heard me say this, the picks and the shovels to that ai gold midnight stuart: glad you were on the show. that's good st. stuart: lauren's back, looking at movers and i want to start with teas la. last time it was way up. ask it still? yes, it is. lauren: 6%. the auto makers are up. for tesla, 22% of revenue last year came from china, and then we had the president just saying that he is eyeing tax deductions on auto loan interest for people who buy cars made here in the u.s.. that's a big rale rally for the auto makers.

stuart: what's h-u-t? lauren: hut, that's auto mining and includes the president's sons to take a bitcoin liner public v via and all stock mergr and crypto players are higher and hut 8 up the most at 9%. stuart: not popular with the democrats. that's why they stopped crypto legislation last week. lauren: they're saying conflict of interest at this point. stuart: they are indeed. thank you, lauren. moments from now we're talking to rfk jr. about the order to lower drug prices. there's a meeting in israeli stan bull, turkey with it jew crane and russia. >> what's your message for putin? >> i have a message for both parties: get this war ended. get this stupid war finished. stuart: will the mee meeting in israeli stan bull lead to a lasd to -- istanbul lead to a lasting

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stuart: moments ago, the president signed an exec tiff order that will reduce the price of prescription drugs, watch this. >> starting today, the united states will no longer subsidize the healthcare of foreign countries, which is what we were doing. what's been happening is we've been subsidizing other countries throughout the world, not just in europe. for the first time in many years, we'll slash the cost of prescription drugs and bringing failures to america. we're getting them down 60, 70, 80, 90% but actually more than that if you think about it in the way that mathematically.

stuart: extraordinary stuff. health and human sic secretary robert f. kennedy jr. in the room. mr. kennedy, what is the timetable for the price cuts? >> well, there's a series of escalating steps. what they'll bring down is european levels. right now we provide -- america provides 75% of the pharmaceutical revenues in the world, and we only have 4.2% of the world's population. we're paying -- in our country list prize for ozempic is $1300 per dose and in london it's $88. democrats have been talking about ending the discrepancy and nobody had the courage to do it because of power of the pharmaceutical lobby on capitol hill. to answer your question how soon will this happen, it depends on

how enthusiastically the drug companies cooperate. there's a series of escalating steps that we will take if they don't cooperate. we've been meeting with the pharmaceutical companies at faa and they admit that there's something that should have ended a long time ago. i think they're ready to figure out a way to get there -- and the advantage of the executive order, stuart, because we got rid of the pdm and the milled man, and that's something they -- middleman and something they wanted themselves. stuart: dr. mark siegle was oturuen -- dr. marc siegle was on the program a bit ago and said the devil's in the detail. does this apply to medicare part d? >> yes, absolutely will. it's going for the marketing health. stuart: there's some critics of this saying look, these are

price controls. almost neo-socialist price controls on drug prices. what's your answer to that? >> my answer is it's getting rid of price controls because the european governments have told the drug companies, here is the maximum price we're going to pay and we're not paying anymore. if you don't give us this price, you can't sell it in our country. that is the epitome of price control and president trump is returning the marketplace to this saying look, we're going to have a global marketplace, we're going to pay the same thing in one country as the other. and we're going to stop subsidizing healthcare cost in europe. we are subsidizing socialized medicine in europe on the back's of u.s. pat patients and going bankrupt to pay these. the number one cause of bankruptcy in the country now is healthcare cost. we have all these americans who, you know, we're getting them

better but then they're bankrupt and have no money in order to subsidize price controls in europe. president trump will get rid of the price controls. stuart: you said some of your children, some of whom are bernie sanders supporters, were moved to tears by this announcement. occurs to me basically you've stolen the democrat issue. you've taken it away from them and done it yourself. >> yeah, the democrat party i grew up with, the central issues we were against nafta and president trump has now stolen that. we were, you know, we were against -- we were skeptical towards big ag and pharma, and president trump stole that from them. the major point of bernie sanders' campaign is we're going to equalize drug prices in europe and the united states. he was never able to do it because of the power of the

pharmaceutical lobbying and no republican or democrat has been able to do it. we have a president, and i point this out, president trump took $100 million from pharma, he can't be bought and he's doing something -- he is standing up for the american people here, stuart, and i think even my kids who are pretty left wing see that and they were very moved by it. stuart: mr. secretary, looks like you're having a lot of fun in your job. come back soon, please. rfk jr.. >> thank you, stuart. stuart: you got it. any moment now president trump will be on his way to saudi arabia and this will be the first major foreign trip of his second term. retired four star general jack keane joining the program right now. the president just said that he thought if it would help, he'd fly to istanbul for the zelenskyy putin meeting this

thursday. think they're travion green close to a lasting ceasefire? >> well, i don't think we are, but certainly what has happened over the weekend really motivated putin to take the action he took, and that is the european leereds met in kyiv, unit -- leaders met in kyiv, united kingdom, germany, france and poland and they agreed to press with kyiv and united states for a temporary ceasefire on the russians and they agreed to put crippling sanctions on the russians, much as the united states wants to do and threatening to do and much of the senate of the united states led by senator graham is threatening to co. when putin saw that, within a matter of hours, stuart, he puts out a release that's saying -- i'm willing to meet with the ukrainian leader face-to-face, and we can do it in istanbul. synergy home is he doing that?

why is he doing that? >> he sees the pressure coming and doesn't want the sanctions. he's likely going to s istanbulo stall, i would imagine. on the hopes of moving towards a peace treaty, president trump is putting leverage on that meeting by saying i'm willing to go myself. and i think the pressure is finally mounting on putin, and his actions in the last 24 hours is indicating that. even people that favor putin in many respects believes he should go to a ceasefire and hopes it comes out of the meeting. even the president of turkey. that's what's out there and it is a surprise and more to follow. stuart: there's an extraordinary momentum developing here and over the weekend we get china trade deal. thursday zelenskyy and putin meet in istanbul and the president could be apart of that

meeting. and then the president just said at the end of the week, he expects to speak one-on-one with xi jinping, by phone of course but nonetheless that's a meeting. this is an extraordinary development of momentum; am i right? >> yes, just underscores the position the united states president holds in the world and how many of the issues that the world is facing come to his doorstep at 1600 pennsylvania avenue and add to that indiana and pakistan and his involvement in that. add it to that alexandra that's a hostage out of israel and likely hamas showing good will to the president. nothing given back in return. and as you mentioned, nerve nucleus yore bayesians on going over -- negotiations on going over the potential weaponization of iran's nuclear capability and

russia and ukraine negotiationss and a handful for anybody to handle for sure and president trump is so aggressive dealing with these issues and more issues come to his doorstep as a result of it. stuart: it's extraordinary and i think we're watching history. i really do. general, pleasure to have you on with us on this very important day. thank you. president trump talking progress on a deal with china and tennessee senator bill hagerty warns that china must be held accountable, watch. >> i think we have every opportunity then to hold china to account because that's going to be a critical aspect of this. they're not following through in their prior agreements with us. ♪ ♪

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stuart: the markets are still showing a lot of green, 900 points up for the dow and 600 up

for the nasdaq. lan has the movers. the banks, please. lauren: they're surging and investors saying what recession. welcoming temporary slashing of tariffs by the two biggest economies in the world, china and the u.s. so it's a deescalation and staves off recession fears. great for the banks. stuart: sconcelation energy up again. constellation energy. lauren: yeah, the new york nigh times reporting that the white house is considering executive orders to speed up the order of nuclear power plants to meet rising electricity demands. stuart: president trump announcing big trade pause that the tariff pause with china. edward lawrence at the white house. take us through the details of this deal. what do we know? reporter: yeah, stu, should have worn my green tie with the markets. u.s. is letting china off the hook for 90 days while the talks continue. tariffs on the reciprocal on the u.s. side going to 30% and tariffs on the chinese side

going to 10%. the u.s. stabbing at 30%. lowering reciprocal to 10% on chinese imports and adding additional 20% regarding the fentanyl emergency. >> are you letting china off the hook for the 90 days and really believe they'll follow through with non-tariff barriers. >> yeah, i think they'll follow through. i think they want it very badly, they want the deal very badly. g this doesn't include the steel tariffs. reporter: this breakthrough agreement allows the ships stuck in the chinese harbor coming to the united states and sell their goods. here's the treasury secretary. >> what had occurred with these very high tariffs as investor groups that were the equivalent of embargo and neither side wants that, we do want trade, we want more balanced trade, and i think that both sides are committed to achieving that.

reporter: so the treasury secretary scott bessent said they do not want decoupling while outlining two other main goals for the u.s. and u.s. will push for purchasing agreements like the agricultural buys under the phase one trade deal for the deficits. not everyone is convinced. >> i'm not so sure we're going to see a change in the non-tariff barriers during the 90 days, which means we're letting chinese goods into the u.s.. it's not clear what china will let our goods into china. reporter: the market expert that you talked with in the 9:00 hour done a lot trust president xi and over the next 90 days ps the u.s. to get in writing some of the enforcements and opening of the markets and specific language, stu. stuart: edward, thank you very much, indeed. bringing in a market expert. he's the president of population research institute. steve, is china's economy

vulnerable, and is that why they've agreed to this deal? seemed like it was a win for trump. >> well, it certainly is. i mean, the trump tariffs, high tariffs being paused reminded china of who's in charge of the world economy and of the chinese economy, that is to say the experts for the economy, 50% of profits for the experts say for the chinese economy are generated from the unit and buy in bulk and pay on time. many nations reached out immediately to the white house when the tariffs were imposed and china remained defined for two weeks and factories shut down and urban economy skyrocketed and 1800 businesses with big exports going for the province shut down and factory activity contracted at the fade patternsest base in 16 months and the official index coming down and if the official index is coming down, stuart, the real

index must be very, very low indeed. have the expert companies halted productions and taking breaks. now at the same case, they were always willing to talk at the trade imbalance and biden will no interest in holding talks. well, it was the biden administration that refused to enforce the first trump trade deal, and would have been a good deal put in place in 2020 as, you know, trump was in his last year in office. now, trump is starting early and he has time to bring china into line. we'll see if it falls into line and everything i think is notable here as beijing for the first time explicitly linked the fentanyl trade to tariffs. he's promised to stop the fentanyl trade and return for lower tariffs. stuart: sorry, steven, i didn't notice that . i was about to ask you whatever happened to the fentanyl, precursor chemicals that china makes?

whatever happened in i didn't catch that, they prosperitied to knock it off? promised to knock it off? >> that's right. they came in before the meetings in switzerland and came in and said we're willing to stop the fentanyl trade if you lower the tariffs. think about that for a minute, beijing is basically offering to stop sending the precursors and fentanyl killing the americans for $80 billion a year and admitting basically they could have done this all along. this after years of falsely claiming that china had no idea where the factories were, where the experts were coming from and so forth. they're laundering the money on the other end and i would like to see the trump administration work with china not just to stop the fentanyl precursors and identify where the mexican cartels are, the drug labs are and the ones in british columbia, for example, because i think the chinese government, which runs a high-tech digital dictatorship know where is they are and could help us shut them down. it would help 1207 the killing

of americans. stuart: steven, thank you for being on the show today. it's a very, very important day, in all respects: politics and money. glad you were part of the show today. thank you very being here. thank you. >> thank you. stuart: agriculture secretary brook rollins suspended imports from cattle, horses and bison from mexico. ashley, what's the problem? ashley: the ag secretary, stu, put the suspension over a flesh eating pair site calling the new world screw room. rollins said "i'm announcing the suspension of live cattle, horse and bison imports through the u.s. southern border ports of entry effective meetly. last time -- immediately. last time it invaded america, it took 30 years for the cattle to recover. this cannot happen again".

they can borough into the womb of an animal and can kill a full grown cow in 1-2 weeks and it's serious stuff. the import suspension will be in place for 15 days as u.s. authorities say their mexican counter parts need to do more to develop a prevention program. so suspended for now, stu. stuart: okay, this is -- sorry. ashley, thank you. trying to say this is happening now. ivan alexander, last living american hostage held by hamas has officially been released. he's currently in the hands of the red cross. he's on his way to meet with idf officers inside gaza. after that he'll go into israel to meet his mom. that's happening. that young man comes from new jersey. coming up, in a chaotic scene, the mayor of newark was arrested after he and three other democrat elected officials

stormed ice facility in new jersey. >> just because we're a member of congress and just because you're a public official does not mean you are above the law. i think that arrests are still on the table for this. this is an ongoing investigation. stuart: we'll have reaction to that moments from now. ♪ taxes can feel painful and overwhelming. at compliance solutions, we simplify registration and reporting for small business owners, cfos and indirect tax managers. we have the systems, processes and people to handle your sales, e911,fcc, salt and transaction taxes.

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lives stuart: two hours into the trading session and the rally lives. brine brenberg magically appears on the other side of your screen. brian, what's in store for the hot money show. >> i knew you were going to say that. it is a hot one today, stu. you talked about the markets and they are soaring and you got a massive new announcement on drug prices and we'll dig into that and the heading to the middle

east going with the tone there and dr. marty makary with the commissioner on the phone and drug pricing issues and the favorite charles payne is here and the markets, stu, it's hot and m. stuart: y i co. thanks, brian. stuart: this week, president trump's push to going for citizenship in the u.s. and the supreme court and, ashley, what can we expect? ashley: a long drawn out process and high court, stu, will first address the first administration to narrow the nationwide reach of several district judges and their injunctions and going to go too far to block it and automate ick citizenship on the u.s. -- automatic citizenship and the order challenged by the way in 10 different lawsuits and several of which are over now by the supreme court on the emergency docket and this thursday the documents on the

nationwide injunction before deciding whether lower courts can indeed issue with injunction ruling against president trump's order on the highest line is the st. amendment and the gandler citizenship to all persons born or naturalized in the united states. critics say that shouldn't apply to immigrants who come here, into the country illegally to try and skirt the system, stu. stuart: thanks, ash. body cam when they shoved federal offices and stormed ice facility over the weekend and city's mayor was arrested during the incident and these democrats are defending their actions and alexis mcadams in newark for us. alexis, are more arrests coming from this incident? reporter: that's what the doj says could happen. all of these charges are possibly on the table when talking about trespass charges, this is what the newark mayor

got hit with. but also assault charges because as you see in that video, they threw el bows and shovel -- elbows and shovelled federal acts and dhs says they're not above the law. watch this video. reporter: what a chaos ick seen in newark, new jersey, on friday and one democratic lawmaker caught shoving an elbow at ice agent and three democrat members were involved. robert menendez, monica lgguiver and one other charged with pushing past ice agents without permission to go in. >> these members of congress want their 15 minutes of fame

desperately but willing to do it at the peril of the safety of our brave law enforcement. even the detainees as well. reporter: the mayor of newark, new jersey, who was also running for governor taken away in handcuffs. mayor was charged with trespassing of investigators say he ignored repeated warnings to get out of there. he was not supposed to be there. the congress mcellroys requested a visit and were going to work with them -- members requested a visit and they were working with them on a visit and the mayor said he did nothing wrong and talking about it over the weekend and they were waiting for hours and wanted an oversight tour to make sure the detainees were okay and the drop is accusing the white house of intimidation. >> did it work, did it intimidate you? >> we're still here and we're going to keep fighting. this is not going to keep us from fighting and doing our jobs that over thousands of new jersey residents elected us to do. reporter: simply doing their

job, stuart, to check in on these people who were inside. who is inside of the facility? we're told 75% of the detainees are felons, authorities say ms13 gang members in there and brazilian national wanted on murder charges, what they call the worst of the worst. back out live, more protests are expected today. who could be here, we're told that aoc was talking about this over the weekend and congress for telling people to stand up and use their voice to stand and you happen keep an eye on t stuart. stuart: thank you very much. bring in rosana scotto. was that a political stunt? >> i don't know. he was there to see if they had the required permits necessary to operate in his city. stuart: dhs says they co. >> i think what's bothering a lot of people is the people they're

coming to protect are accused of violent crimes and where do the victims stand in all of this. stuart: why are the democrats backing those people. why are they doing that? >> i think they've gotten some kind of list on what they need to do because of this and the loss of the presidential election and they're still trying to find their overall footing on what may be the voice of their party. we know it was wasn't gas prices or egg prices and the border and going for the detention. stuart: it's the mayor of newark advances and part of the gubernatorial election and are they going to elect a mayor that supports those kind of people in that detention? >> interesting how that plays out and going to run for toronto. he's a front run fertilizer that

race for governor of new jersey. stuart: i live in new jersey and can't imagine my home state, i can't imagine them voting for a mayor who defends criminals who are about to be deported. >> he said he wasn't there to protest. he said he was there merely to make sure that they had the required permits to operate in the city. stuart: okay. then puckers his way -- push their way through and said they were roughed up. >> he said his rights were violated. those congress people could be in trouble too. stuart: yeah. >> they're being looked at by homeland security right now to see whether they violated anything. stuart: seeing the video tape and it's tough to see that video tape and shoving and can't see what's happening. stuart: shoving way into detention senter and that's what they did. we were roughed up. >> they have the right to enter that facility as a congress

member. stuart: get an appointment. >> but the mayor did not. stuart: have an appointment. why didn't they? >> a lot of insiders are saying that. >> i think so too. stuart: over the weekend, a grand stop issue with that newark airport and lydia hs with us. what is transportation secretary duffy doing about all the disruptions at newark? reporter: yeah, i sure am, stuart. secretary duffy saying to address issues here at newark, he wants to reduce flights that are able to come in and deport from newark on an hourly basis and convening to talk to airlines about this proposal getting feedback. listen to what he had to say. listen here. >> i hate cancellations and families that come with little kids that are sitting there for four hours. i've done it myself on occasion. it is hard and i want you to get to where you're travelling and if that means slowing down

flights newark, we slow them down making sure we can do it safely. reporter: stuart, the outage that happened here yesterday was the third at newark in just the past couple of weeks. duffy says the communications issue can be fixed within a matter of a few weeks and he's conhe'sconcerned that the glitcs could be repeated across the entire air space and that's not updated and that's why he's proposing to modernize the system and investments that would include replacing 600 radar and building six new air traffic control centers among other upgrades and air traffic control staffing is another issue, stuart and 3,000 air traffic controllers and secretary duffy raising the mandatory retirement age from 56-61 but all the large scale, big picture umm grades will take years. he says three to five years. in the short term, in the

meantime here at newark, we're waiting to see if they can be made in the next couple of weeks and tracking delays and cancellations today even and you happen wards of 80 cancellations inbound and outbound from newark and there's a ground delay in place. stuart: y indeed. lydia, thank you very much indeed. see you soon. president trump signing an executive order to lower the cost of prescription drugs as our next guest making the coast to shrink medicaid and more from "the wall street journal's" alicia finley after this. allysia finley after this. . so, you can start feeling better the same day and save your relationship with nature. flonase

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the wifi is booming like a 10-x-double unicorn ipo. stream me sideways! it's burstin' with wifi! hahahaaa! now everyone who knows a boom when they see one is gonna want in. the wifi's booming! stuart: new headline in the wall street journal makes the case that welfare as we know it and allysia finley wrote that and she's joining me now. you're making the case to shrink medicaid. how do you do that? >> first of all, you'd tackle these hospital provider taxes, which is how california and new york and other states extract more and more federal money from the medicaid program. california is expected to get $120 billion in federal funds for medicaid this year. that's more than florida's entire budget, including the

federal funds it receives. the way it does this is it taxes insurers -- medicaid manage care organizations. then it receives $2-$9 back from the federal fund. it's basically a racket. another way you go about it is just by capping how much the government pays for obama care expansion population, which is basically able-bodied working class adults that weren't covered by medicaid before the obama care expansion. and achieving something like $600 $700 billion in savings right there. you pay ash yeah, it's a huge amount of money. stuart: allysia, you're right, it's a racket. i don't know what you think about trump's executive order lowering dramatically drug prices. what do you make of that? negotiating with europe and some of the other developed countries that aren't paying the

appropriated price going for them riding off in the u.s. research development going for them and taxpayers and i do think it's problematic due to essentially imposed price controls and i'm not sure he had the legal authority there and tried it during the first end of the administration and blocked by the court and i think if he's going to do it, he'll have to do it with congress and republicans are very resistant to these ideas and including democrats that even go along with it and had the biden administration. stuart: glad you made it on the show today. it's a important day and we'll see you here real soon. to really change the socket, it's the monday -- subject, it's the monday trivia kentucky i think we've had it before: when it washington dc become the nation's capitol? '84 '86 '89 or 1790 in the 179? the answer when we return.

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stuart: okay, we did ask this before, when did washington, d.c. become the nation's capital? ashley, what have you got? >> no clue, stu -- [laughter] number one, 1784. stuart: okay. lauren? >> i'm going with number three,

1788, because you said that was the answer, and you seemed quite certain. stuart: i am going with 1788 -- >> wait a minute -- [laughter] stuart: 1792. the nation's capital in current day washington, before then the capital was in -- >> philadelphia. stuart: you just read that off the prompter, so easy. >> i knew that. [laughter] stuart: would you look at? that, folks, is a rally and a half, and that's it for "varney & company" for today. "the big money show," i think they're going to relabel it the hot money show starts now. ♪ >> china was being hurt very badly. they were closing up factories, they were having a lot of unrest. and they were very happy to be able to do manager with us -- something with us. and the relationship is very, very good. i'll speak to president xi maybe at the end of the week. it's going to be fantastic for china, i think it's going to be fantasticking for us, an