you've got your choice on the screen. you are first. ashley: but crime rate in washington isn't great inside the white house and out. i will go with 436 million. number 2. lauren: upper? >> according to leticia james, 18 to 25 million. they probably have it at 468. stuart: abigail schreier? abigail:i will say 436. lauren: i will go a 500. stuart: i go with $510 million. the answer is 460 -- none of us got it. it's doubtful 1600 pennsylvania will be up for sale. if you manage it, 16 bedrooms, 35 bathrooms, time is up. coast-to-coast starts now.

neil: the dow is falling for a third straight day. inflation superseded nvidia, traders are watching, they are keeping a close eye on bitcoin. it is now over $60,000 a coin. closer to 63,000, a number of fed governors, that tends to move markets, let's go to dan greenhouse on what's likely concerning of anything. a lot of fed governors and district residents a couple of whom are saying don't get ahead of skis. they are certainly not doing it anytime soon. you expect them to keep to that? >> maybe a month or two, the

market had gotten ahead of itself in terms of talking about rate cuts. the market as you see from a number of pricing mechanisms is adjusted. neil: it goes back and forth from the markets, the fed and what it is going to do next. it's money out of plus and minus territory, leading the roost here. there's a sentiment, that might be premature but what do you think? >> it's the whole ecosystem being built up by artificial intelligence. to your point nvidia is the star of the show but google obviously has taken on some attention. its highs as a result of headlines that popped up

earlier, but scrolling down from nvidia you have the semiconductor ecosystem, that are small, mid and large that are benefiting from the same money flows in terms of investors but backs on top of other large companies racing to incorporate a i in business models. adam: it is a contrary indicator to that but i wonder what you make of this, the market did get ahead of itself and is trying to recalibrate. there are other players and smaller players that service a lot of these companies. is this the sorting out process we are witnessing? >> at the risk of looking for lucian in hindsight, i associate myself with the viewpoint that we are in the

early parts of this buildout which could land years. i know based on the price-performance a lot of these names there's a lot of pining for the 1999-2000 time frame. you are seeing stocks like nvidia and meta going up after reporting earnings, large companies but the flows that are coming, you need data centers, semiconductor chips and all the stuff that goes into the data centers and a host of companies all of whom are benefiting from that, i get the price performance allusions to 1999 but these companies are performing. this is not investing in companies like nvidia but they are performing so well i don't know what you are supposed to do with them other than bid them up. adam: there's a distinction

between what happened in 1999 before the fallout of 2000. we had a lot of companies that were part of a process. i could go to the last internet boom when a lot of these companies had no earnings to show for themselves. there would be survivors but the difference, the better part of 3 decades, making a lot of money anyway. all the players have been making a lot of money on their own. this isn't just sort of a whistle in the dark. >> that's right. that's right. to be clear, at the time, cisco, intel, microsoft they were making a lot of money and seeing large growth rates for top and bottom line on not unlike you are seeing today. by the 1999-2000 timeframe it

was the ecosystem around them that was getting overvalued. not to say cisco, intel and the like weren't overvalued by the end, they were trading in earnings for the large companies but that was 5 or 6 years into the buildout of the internet. there was talk of how the fiber-optic cable could wrap around the year at 500 times. we are not near there. the last caller talked about demand outstripping supply and for the foreseeable future that's likely to be the case in which case a meaningful correction in stocks in this possible and remains unlikely, knock on wood. neil: just telegraphed your age. you don't seem like an old guy. >> i have read about it.

you can go -- i am for everyone, 1999 or the late 90s, i am for anyone who hears about this go read about what was going on, companies that quadruple on the single day, companies, qualcomm split their stock 2 or 3 times in one calendar year. there was a lot more going on. that is for sure. neil: thank you very much. great catching up on all that. the big primary last night, the runaway winners president biden and donald trump. there was a large swath of uncommitted voters, more problem for the democratic side than the republican side but a worry just the same. grady trimble with more on

that. >> reporter: donald trump and president biden sailed to victory but there's more to the story when you dig deeper into the numbers. we should also note that on the republican side, 39 more delegates up for grabs at a convention this weekend run by the state gop. donald trump won 68% of the vote to haley's 27%. in many ways donald trump has already turned his attention to supertuesday and beyond to november. his campaign is hoping he can win enough delegates to secure the nomination by mid march a couple weeks from now. nikki haley as promised is staying in the race through supertuesday. she's making the case in every state she competed in so far a sizable amount of voters chose

someone other than donald trump and also that she says he can't win in a general election. moving to the democratic side, 100,000 voters selected uncommitted on their ballots taking as much as 13% from president biden. many of those voters tell us they are upset with president biden's stance on the israel war in gaza. the biden campaign has been trying to win back the arab american community. by some estimates there are 200,000 muslim voters in michigan and their vote could help determine the option in the general election in this critical swing state. >> this is a warning sign, as a result of his decision to put funding israel's war in gaza over our own democracy. >> 174 days from now we will be at the democratic national convention pushing and growing this antiwar movement.

>> reporter: we also know that a handful of voters selected uncommitted on their ballots last night or yesterday not as a protest of president biden's handling of the war in gaza but they have concerns about the president's age. to that end president biden, 80 one years old and the oldest sitting president ever, went over to walter reed for his annual physical and left walter reed 15 or 20 minutes ago. we should get more information about what was in that physical later today. neil: wasn't telegraphed at all, no announcement about it. do we know why that was the case? >> we don't know. it was a surprise to our colleagues, the pool, the press pool, unexpectedly for departure that we didn't know about, we didn't know about his

movements. when walking out he told our colleague peter doocy that he's headed to walter reed. we don't know it was going to be this morning. we don't have more information from of that. adam: because of that michigan primary and the fact that president biden ran away with it. another candidate that was still in the race, that candidate who dropped out, suspended her campaign saying she's back in it because she said after looking at the results. the juggernaut of a dark vision. bottom line she's back in the race, for the benefit of doing that, you can always unsuspended, she's back in the democratic race for president. applications of all of that,

dan litman, washington reporter. the slim chances, candidates who suspend their campaigns don't drop them, just suspend them. she is among the first to say i am and suspending. >> it's a clear plan for media attention by her. when i talked to democratic voters i don't hear a huge swell of people who say we want marianne williamson. maybe she can fix the age issue, the gaza issue biden faces. i think it would be more interesting if it was gretchen witmer or gavin newsom, but they don't want to do anything because they want to be considered in 2028. neil: the way things stand on the republican side with this

victory for donald trump, five in a row. he could come close to securing the nomination or securing it out right. then what? >> nikki haley only promised to stay in the race until supertuesday and let's get more states to vote, but she has to be wondering what trump's general election strategy is. he vowed, his campaign, trying to get him to not talk about nikki haley and that lasted 24 hours saturday. sunday he was calling her bird brain, brain-dead. if you are trying to get those nikki haley general election voters that is insulting to those voters. who wants to be seen as voting for a bird brain. he will probably have to welcome her back into the tent after she dropped out. neil: but he can't do it.

personality, foibles and the rest, they tend to step on whatever progress he makes, when he wants to appear to be statesmanlike like he was right after we had michigan. all the stuff is short-lived with it. that comes back to bite him in general election. what do you think? >> it is definitely a risk. trump voters, you have a core of the party that is with trump. you need those suburban voters, nikki haley type voters, people who are upper-middle-class, people who used to be loyal republican voters, ticked away from the party because of trump. this is a person, made un ambassador. that's not chief of staff but that's the same politician

we've been watching, very ambitious so what does that say about his job skills in terms of picking good people for his administration. neil: they would never want to see him. thank you, washington reporter. i want to update you on apple. you might've heard it is giving up on its foray into evs. it hasn't given up artificial intelligence. it could be worth trillions of dollars.

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driving features but it is not being voted with artificial intelligence, a distinct difference. kurt the cyber guy on what this means. >> let's do the numbers chronologically. because like came out with their first vehicle, then steve jobs was alive and said we can do that better. the idea started. until 2014 it wasn't until tim cook, turned on project titan, apple's idea to build a better car, until yesterday, senior meeting inside apple, putting the end to the billions of dollars spent in this area and refocusing their energies away from cars, some of the people getting pink slips, a transition to the ai team. if you think like apple and ai,

don't even think about them now but it is not unusual for apple to be late to the game. apple is really good. being the best product once they do get in the game. i'm curious to see, it will be a better ai product and what we are seeing out of ai, microsoft but as of today, it is sad to think about. i was looking forward to what could apple create and many called the ultimate mobile device for the car. neil: had they not seen headlines about delayed deadlines to get evs, government help that might be drying up, concerns that some that perform in cold weather or

wet weather, they made this decision in the middle of it. >> from the us perspective, when you look at it on a global level you are dealing with a company that has grown very weary and tired of regulatory issues. when you think of the most regulated industries, it's the automotive industry. the headaches that come with introducing a car globally is a big factor apple is thinking about when going through so many challenges to their own ecosystem in dealing with the vast amount of apple products especially apps store and the way they control media being challenged especially in europe, not as quite as much here as in the us, something apple has their eye on. they've got to do something with the vision pro head set that has been introduced, the first big product tim cook has

championed through to market. early adopters say this is profound, people taking it back but it hurts, i don't see the product on this, they've got to fix that. and address consumer issues, and they have the money to make it happen. neil: christopher alexander, chief analytics officer, looking at these rogue investments, that trivializes what you do and study so well. i just wonder what apple's move signals. it hasn't given up on artificial intelligence, what do you think?

>> didn't really speak to their decisions on the ev side, mercedes said from 2030 won't happen now, looking up a larger market trends. in the ai space there are two worlds to conquer, generative ai which is amazing when you first try it but when you really try to use it you start to struggle and ai personal assistance so we've got really good with ai looking at large amounts of data and connecting points a human being might miss. in the next year, a better ai assistant that makes recommendations based on everything it can find out about you. neil: in the middle of all this, crypto and bitcoin, soaring, don't know if it has to do with the offshoots of these development but bitcoin is trading north of $63 billion in three years.

>> the etfs, the sec doesn't like to put it this way, got a stamp of approval from the us government to bitcoin and the response has been unbelievable. in the previous two days, to billion per day has gone into these etfs. you have the having where the supply of bitcoin could be produced new is decreased looming over the horizon. it always coincided with big bull runs has created, i think, a boom, psychological pressure and excitement and meaningful influence that are helping with price. neil: i want to look at other big issues, looking at issues that matter to investors, not

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gold. standing the test of time. neil: mitch mcconnell the longest running senate leader in history will step down from that post as republican leader of the senate in november. don't know if this has to do with the growing pressure on him to support donald trump as the likely republican presidential nominee. very acrimonious sometimes nasty relationship. we do know that john thune, the

number 2 ranking republican in the senate, in the south dakota primary to say he was endorsing donald trump. mitch mcconnell had not indicated that one way or another. 's term goes through january of 2,027. not as if he would be leading the senate, just the leadership post. we don't know his plans beyond that. maybe some other issues. in the meantime let's go to hillary vaughan with other issues captivating house republicans after biden testifying behind closed doors but it has already gotten nasty. >> reporter: three hours into hunter biden's deposition house democrats say the case should be closed. they are calling it a deep-sea fishing expedition, a fairytale, hunter biden calling it in his opening statement a maga motivated conspiracy. >> they seem to be obsessively

focused on speakerphones and use of speakerphone. i did not know that was the devil's technology but apparently it is. i believe based on this first hour that this whole thing really has been a tremendous waste of our legislative time and the people's resources. >> reporter: on speakerphone is investigation, hunter biden admitted to me last time he was on capitol hill that he did put his dad, joe biden, on speakerphone during business meetings. why did you put your dad on speakerphone with your business partners if he had no involvement in your business? >> do you have a dad? does he call you? >> yes. but why did you need to talk to him to business meetings if he had nothing to do with your business? >> reporter: they want to know about texts, he sat with president biden twice.

and the man sitting next to me and every person he knows and by ability to hold a grudge that you will regret not following my direction. and with this, with e-mails and texts that i sent when i was in the darkest days of my addiction. we did hear from congresswoman nancy mason popped out of this deposition. hunter biden is defiant now, he answered lawmaker questions. he has not pled the fifth the. neil: i want to take you to the united states senate where we are monitoring this. mitch mcconnell announced he

stepping down the senate leadership, the longest senate leader we've seen in american history. he will outline a couple of his reasons. chip roy joins us, texas republican congress went on the house judiciary committee. this was unplanned ahead of my having a chance to talk to you. what do you make of what's happening on the other side in the senate, mitch mcconnell stepping down. >> good afternoon. i spent time in the senate as chief of staff to ted cruz, i know the senate very well. when someone is announcing their retirement, you spend a lot of time in public service. with republican leader in the senate, even yesterday going to the white house, telling mike johnson, speaker of the house he needs to stop worrying about the border and focus on ukraine and foreign aid. there are a lot of differences of opinion with what i would call the unit party.

mitch mcconnell represented that. push back on merrick garland, buying time to make sure we've got someone there. america garland in the department of justice would have been an epic disaster in the supreme court. i'm grateful we've been able to give donald trump the ability to put someone in who needed to be but at the end of the day it is time to move on. we need to move on beyond octogenarians who have screwed up the country as long as i can remember. neil: we have chatted about this many time. it is donald trump's party and other republicans just live in it. what mitch mcconnell is realizing is that. very acrimonious relationship, they were able to patch over things when donald trump was president but it got more nasty after the former president left office. i wonder if this is a sign of things to come. others who don't want to buck

the trend or face that potential reality. are just going to have to move aside. there are guys like you don't support the former president. and support, how do you see your party? >> we have radical progressive democrats who are looking to reshape america. in athens, georgia, who got killed by venezuelan released under parole in violation of laws, endangered people, we saw what happened with the 2-year-old in washington dc, we saw what happened with the individual in louisiana, this is a product of a radical progressive machine, spend us into oblivion, undermine our energy freedom, make us

emboldened to china, so we need an actual opposition to that and credit where credit is due when donald trump came to washington in 2016-17 he came in riding on a horse to take on this town and the town bit back. mitch mcconnell is representative of that town that has yielded $34 trillion in debt. we have a trillion dollars in interest coming up. ivan critical, the former president didn't do a good job on the spending front, $1 trillion after the covid lockdowns but the president represented a change to this town to represent hard-working americans. we need to focus on that. that's why i want mike johnson to keep pushing back on mitch mcconnell, let's stand up, stop the spending. pass on a bipartisan basis. don't let the defense industrial complex decide national security policy, you want to get richer which is

what you are hearing from chuck schumer and mitch mcconnell. neil: it is a pretty good one when it comes to what next is happening on capitol hill. will be see the government partially shut down friday night? >> i tend to think not. i will probably vote no as a short-term resolution to buy time for them to continue to negotiate. they will bust the cap, spend money we don't have and fund the entities that are undermining us. the ngos and open borders regime that's killing our country, fund radical energy policies, ev mandates that are piling up evs on the lots of automobile dealers while decimating the internal combustion engine, you and i both know our spending problem is driving up inflation, we

have high regulatory state, destroying the economic engine of this country by piling on regulations driving up inflation from that perspective as well. the possibility of stagflation, we need a change in direction. i think there will be a cr in two weeks, what we shouldn't do, we should pass up cr through september which triggers caps, force everybody to do the table, make a choice. neil: i thought i would pick your brain on that. much appreciate having you on. finish that thought. >> i will head back over to the depositions and see what's going on, thanks for having me on. stuart: if this is an acknowledgment that it is donald trump's party and others will quit if they have to, mitch mcconnell, the leader of the united states senate, the

longest leader of our polity and the united states senate american history stepping down. he's not leaving the united states senate. his term doesn't end until 2026. is there until january 2027. he will not be in leadership, he is be leaving in american exceptionalism, taking no swipes and anyone for the time being but he and donald trump had their differences. mitch mcconnell clearly for the time being not. everyone say, “space pod.” cheese.

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neil: moments ago, mitch mcconnell saying he stepping down as leader of the senate,

he will complete his term as united states senator. he said the time has come. he's had a lot of altercations and disagreements with donald trump and trump back at him. whether that has to do with this is anyone's guess. the chief economist under donald trump, what he makes of this. your reaction to this. >> a pleasure to be with you. it is about time. mcconnell has been there a long time. time for someone else to be in leadership and a different direction for the country. less government spending, and get control of deficits and debt. good time for this to happen. neil: you say less government spending, donald trump was no slouch in that regard, $1 trillion in debt. so he's not exactly a card-carrying member of the stop the spending nonsense crowd. >> you are right.

chip roy mentioned that the 4. that something we have to get control over. we are $34 trillion national debt, running net interest payments of $1 trillion a year. this is unsustainable. we need sustainable budgeting that will get control of spending. neil: we never get it, ever ever ever, left or right, many years, when i bill younger man i heard these arguments. it doesn't happen. >> as you know, politicians need to get reelected and give out handouts and more spending, got to get control of this. this is a large national crisis going on, the excessive spending we've got to get control over. neil: if you return to omb or some other job, would you tell mr. president, i know how you feel about entitlements and against touching them but we have to start touching them or addressing them in the future. >> we have to. the main thing that's driving

the budget up like it is when you think of social security and medicare and things that we can do in order to make sure with those in retirement or near retirement are not affected but younger americans should see some changes for the future whether that's private savings accounts or some sort of program like health savings accounts. we need to look at these and make sure we are providing a path forward because it is unsustainable and we have to do something different. neil: great talking to you. without this breaking news, the management and budget chief e-commerce hundred donald trump, who knows what he could be in a future trump administration. updating you on the fires in texas, just surreal images like a science fiction movie, out of control, the latest on them after this. e loves first. but when it comes to caring for his teeth he's let his own maintenance take a back seat.

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affecting a nearby nuclear weapons facility, pausing operations there and that remains the case. the texas mayor kind enough to join us. this is crazy. how are things by you? >> thank you for having us on. we are making progress but from where we were yesterday, amarillo and the texas panhandle is no stranger to strong winds and we had sustained 30 to 40 mile an hour winds yesterday, what started differently progressed, 75,000 acres have been lost. i don't have an accurate count on structured damage but no loss of life. the most grateful and thankful here. neil: a lot of people without power, what can you tell us? >> we work with a great partner here, excel.

i was in emergency management operations with the last night until 12:30. we get this under control and everything put out, they start installing powerpack, citizens taken care of to the northeast. texas department of emergency management did go ahead and roll some strike teams up here over the night. we've got some help coming and we are making progress. neil: looking at the origins of how this started, more for the time being how your grade in the state is holding up. i know the state has spent billions to get that back in shape. what can you tell us? what do you know about that? >> we were able to watch how close those fires got to one of the powerplants so that would

have been pretty catastrophic. we had all boots on the ground and every available piece of equipment to make sure the nuclear plant you mentioned, that facility was highly prioritized and not in danger but the power system and the grid, that's a priority, what we have is tremendous loss of acreage, a lot of construction work putting poles and wires backup will take a minute. as far as the grid goes and the resources, time to get it on as far as infrastructure still in place. neil: any hope of rain? that could go a long way to easing this? >> we are praying for it. we are asking the lord to blow it back the other direction.

we have some north winds pushing it towards amarillo, to go back so it burns itself out. we have a chance of possible snow and rain. we would love to see that tonight or tomorrow. neil: thank you very much. you have the pressure of the world on your shoulder. just incredible stuff. we are getting comments, coming and on the wires. the federal reserve, still think there is a way to go before we had the 2% inflation target that would trigger interest rates. that gets a lot of attention. fully committed, the fed to achieving that 2% inflation target. there's been no dramatic change

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neil: donald trump trying to come up with an alternative to the penalty he faces in the civil crowd case offering $100 million bond to the appeals court as something as he continues to fight this. that is not necessarily going to be accepted but it is a sure sign that he's having trouble coming up with the money he will need to cover everything as he fights this financial decision. upwards of $450 billion, $100,000 a day. now to "the big money show".