Fox News Reports: As some of the world’s richest CEOs and business leaders discuss climate initiatives on the World Economic Forum stage, Home Depot co-founder Bernie Marcus sounded off on the "woke" new generation of leaders who ignore the economy’s "bottom line."

"I certainly don't want to see the woke generation coming up, especially the leaders. I'm watching Davos, what happened in Davos, and they're recommending spending more money on climate control when we don't have it," Marcus said on "Varney & Co." Thursday. "We've already overspent. And if anything, climate control has caused most of the problems we have today."

Marcus’ comments come on the heels of Blackstone Group CEO Stephen Schwarzman’s calls for new leaders on Capitol Hill.

"I think we need to move on. For both parties, it's a next generation of leaders. I think it's important that, particularly on the Republican side, we've had a series of four losses in a row," Schwarzman had said in an interview with Bloomberg Wednesday in Davos. "I think the public has spoken and would like to see a change."

The Home Depot co-founder agreed that fresh faces could bring characteristics that are a net positive for the U.S. economy.