Fifth straight day with over 10,000 new cases if military medics aiding hospitals in texas and california. High gear this week this week we have eight dow components including ibm, cocacola microsoft, intel and american express. Analysts are expecting steep decline in earnings and revenue due to the coronavirus. On wednesday, investors have a close eye on tesla. Following ition electrifying rise and been the leadership in the market. Meanwhile futures kicking off the week in the red take look at where were looking at for the opening of trading this morning. Dow futures are lower by 31 points and nasdaq is up. 6 and a half, s p 500 futures right now down five points. Last week the dow and temperature s p were at for a third week in row but a nasdaq snapped two week winning streak last week as you can see. 2020 race is on about 106 days before election day 2020. New fox news poll show presumptive candidate joe biden holding lead over President Trump but race is narrowing. Were taking a look at how race and gender are impacting these numbers plus this Kanye West HoldingFirst Campaign rally causing controversy this morning. Weve got them. Plus week long look at instagram stars kicking off today annoyed by things you see passengers doing on flights we have a lot of followers but shaming people doing things like putting bear feet on your seat. You dont want to nieces it. Mornings with maria live right now. Global markets this morning beginning in europe are mixed down 21 by up five points and dax index in germany is highser by 58 keeping close eye on europe union and cay four. In asia overnight market finished like this as you can see overnight in asia stocks in cheen up after regulators raise cap on how much insurers invest in equities up another 3 as government continues to encourage consumers to get into stock market investing. Some of the top stories were waving this morning now, the Trump Administration and congress set to start negotiations today on a fourth coronavirus surplus bill to help struggling americans and businesses. Theyve got three weeks to hammer something out. The president chief of staff march medicine does telling me on sunday morning futures Senate Majority leetdzer treasury secretary Steven Mnuchin and others meet at the white house today along with Kevin Mccarthy from the gop. The Trump Administration reportedly opposing senate gop proposal to spend billions of dollars for state run testing and tracing. As number of covid19 numbers soars in parts of the country today talks underway as President Trump says he would consider not signing relief measure unless it includes payroll tax cut. Well the search for a killer is underway this morning after a federal judge son is shot and killed her husband left in Critical Condition inside of their new jersey home, police say the gunman dressed as a fedex driver and visited home of u. S. District court judge esther, the fbi says it is looking for one suspect this morning. The shooting come just days after he was assigned to work a case linked to jeffrey epstein. Chaos breaking out in seattle at least 12 Police Officers are hurt as riots at the city and protesters throw rock and boltses at officers. One of those officers is now in the hospital. Two people have been arrested. The peaceful protest we cannily turning violent breaking windows at the amazon store looting other businesses as well. The group also vandalizing Police Precinct police say riots threw a device into the lobby that ignited a small fire that was quickly pex ting wish and no injuries were reported there. But there was a violent weekend in chicago eight people were shot over the weekend and killed. Dozens of others were injured. In shootings across the city since friday night, police say the injured victims included ten and 11yearold boys both are expected to be okay. As of last week Chicago Police are reporting 48 increase in murders this year. Predicted same time last year. And a man hunt is intensifying in Central Florida this morning after Three Friends were shots and killed while on a fishing trip. A 5,000 reward is being offered after Brandon Rollins damian and Kevin Springfield found dead friday night. Police many polk county, florida called by father of one of the victims rushed to scene after his son called him begging for help and found his son barely alive and other two men dead. Police believe there was one more than one killer and likely that men knew their murderers. Yesterday, florida allows 10,000 coronavirus case that made it to fifth day in a row for Sunshine State more than 80,000 confirm cases have been reported in the last week in florida. Mean while bahamas will close its borders to u. S. Travel percent beginning on wednesday. The Country Acting Health minister sites recent spike in coronavirus cases for that decision. Mean while the economy this morning futures indicating lower opening for start of trading trading ths morning as investors focus on economy and dow is down 33 points and nasdaq up search and three quarters but s p 500 futures lower by five and quarter. Dow and s p 500 posting gains last week this ahead of a big week for earnings. Several dow components and big names and Technology Air travel, and Communications ReportingSecond Quarter results amid coronavirus pandemic. Joining us right now is chief Investment Officer and doug ramsey also joining conversation all morning is fox business Dagen Mcdowell president of partners, and the author of per swigs lee carter is here and chairman of forbes of forbes media chairman and steve candidate steve forbes great to sees everyone this morning thanks so much for joining pups doug let me kick it off with you here we have a big week as lawmakers head back to work theyve got three weeks until the next the next break which is august 8th. Do you think that another stimulus package release package is what theyre calling it which would be a fourth would move markets . You know, im not sure. Weve had a heck of a move already in anticipation of stimulus and stimulus has come in ways that we never seen before. But weve come here just in four months. Were back at evaluations that took us eight and a half years to achieve during the last full market. So there just seems to be a lot of expectation of a fairly rapid return to normalcy so if we get anything but that, i think we could try here for a while here. So i think its toque lay off here, and have a little bit of cash. Maybe have a little bit of gold and silver as well heated of this extreme stimulus were seeing. Yeah. I think you make good point. Maria but you know, the word now is that were not getting back to normal, any time soon, steve forbes jump in here. Top story in the journal is how businesses are changing their direction. And in fact, getting ready for a long haul of this, you know, basically, you know, working from home and changing what they have been expecting which was a normalization fairly soon. Doesnt look like thats happening right now, steve. No there is the feeling that head winds are coming again with new coronavirus cases. And i think that businesses are being very cautious and this is why this stimulus package is going to be so important maria is going to be one that actually helps the economy like spending payroll tax not extending those Unemployment Benefits which pays people not to work and just giving them instead a onetime check say of 1200 or 1500. So what they put in that package is going to be absolutely essential in the trying to get this economy moving again but headwinds are beginning to be felt businesses are being cautious. Rehiring is being cautious, so yes. I think the markets are beginning to be starting to reflect that and also the possibility joe biden they win this election. And theres going to be massive new regulations by executive decree. You dont need congress anymore. What about that, doug . Do you think that the market is going to start focusing on the possibility that the policy may very well change completely should biden win this election . I think it certainly is possible again, just focusing on overall evaluations. You know, were priced pretty close to people we made just five or six months ago. I think whats interesting, though, i mean, in terms of not the broad market. But within the market, there ths a very drchght bet whats been working and driving this market to the great rebounding has been to stay at home stocks but really the old leadership a large cap and especially Technology Stocks that are expected to benefit from the changed economy. I mean, if we do investors come around to the idea that we are going to have a fairly robust recovery at some point, there have been a lot of, you know, small cap and slake call stocks about that darn near left for dead to have kind of a rapid rebounding at some point. So i think that could be, that could be the big way to deflate us over next couple of years. Maria yeah. You mention the leadership. Got to put tesla in there. One of the massive leadership names of this market and it keeps on going. Doug thanks very much. We will keep in touch. Dave ramsey joining us there thank you dave. Coming up when we come back in 7 a. M. Hour we have the words on wall street this morning look at today top market stories as earning season rolls on. Plus some Senior Advisor for Clintons Mark Penn here on 2020 new fox news poll and who joe biden might choose as his vp plus in 8 a. M. Hour Mike Huckabee on schools roping how states should be handling that with back to school right around the corner. Counsel of economic advisors acting chairman tyler is here and potentially more coronavirus stimulus coming your way. Dont miss that interview coming up and it is into star week were going to be talking to one top to this morning about her brand and how hes exposing world to some of the plows outrageous behavior done on a airplane. You dont want to miss it our week kicking off this morning. Well be right back. 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Com maria welcome back the race for the white house now joe biden is still ahead but by a smaller margin last last month leading by eight poangt opposed to double digits ahead of trump and additionally trump leads among white voters regardless of College Degree and former Vice President leads among black americans by 64 points and hesks by 30 points according to polls and joining me now is of the federalist whats your treex all of these polls . J i think what we see here maria is a stagnant race one that has been one where joe biden has led king thely durings the democratic primary as much as there was noise and candidates joe biden led with exception of a handful of weeks where Bernie Sanders nipped at his toes, i think that this is a situation where the white house and the president really need to change things they need to change the conversation. They have to change the focus. And i think a lot of that has to do with the president s own agenda and hard pressed to sigh what President TrumpPresident Trump agenda is for a second term what it looks like and what his priorities would be and what he try to achieve legislatively is it paid family leave. Is it, you know, reduced taxes and regulation building on what he did before . How was he going lead us out of this economic morass . I think thats something that white house needs to focus on in order to to try to change things around and nip ahead at this lead. And joe biden is absolutely beatable. I think president can beat him. But he has to change the conversation in order to do so. Look, i mean what about joe biden plans he came out last week with a plan for the climate, and it was there are 2 trillion. Hes also talking about raising taxes if Elizabeth Warren is his key Economic Voice she wants to institute a wealth tax on top of all of the tax increases. Are people focused on his policies . I think that people should be clear that joe biden is going to be a candidate of the left. Even though his record has been one thats more centrist hes clearly going bring more economic leftism into this white house, in ways that i think will significantly damage the hope of an check recovery. And i think frankly use the opportunity within first two years to slam through a number of different leftist policies that are, you know, far in a way, you know, divorced from the kind of that i think hes done in the past. Including getting rid of the fill buster in senate in order to do so and not just for the president to poangt out. But he has to advocate for alternative, and whatever those alternatives are, he needs to be clear about what they are because if they just turned out to be the kind of culture war issues that hes been talking about in recent month, i dont think thats enough to get more people to come into his fold and to back him with the faith that he can turn around the economy and build off the type of record that he had priority the coronavirus arriving in america. Maria all right Dagen Mcdowell. Been looking good to see youing looed a numbers i dont mean to step all over lee carter here but this election is so fluid. You see the narrowing of joe bidens lead but trump is now leading with seniors by one point when just last month seniors went for biden by 10 points if you look at biden supporters likely to vote it drops. By 25 points the virus is hitting so hard in november, that say restaurants could close. And that goes into thing neither candidate can really directly control, and thats how the virus plays out in the coming months. Im very concerned dagen that were going to have an election that is effected and significant and disastrous ways by the presence of the virus that unequal way it is hit thing states could have a serious impact on how long it takes for us to piengsd out what the results are. We saw the different recent examples of Serious Problems when it came to mailin ballots in area and states i think thats only going to be exacerbated if we have a system that is not ready to withstand this kind of pressure in the fall. Maria yeah it is a great point especially if there are ballot harvesting. Meanwhile the other side continues pressing the president , and investigating. Lets talk about the of the russia probe and mark medicine does made news on sunday morning future telling me that federal former official should expect to hear from john durham soon in a big way. Watch this. Are we going to hear from john will there be indictments, sir . Well i think American People expect an indictment. I know i expect indictments based on evidence ive seen. Lindsey graham did a good job in getting that out. We know they not only knew there was not a case but they continued to investigate and spy and yes i used the word spy. On Trump Campaign officials, and actually even doing things when this president was sworn in and after that, and doing it in inappropriate manner youre going see a couple of other documents come out in the coming days. They will suggest not only was a campaign spied on. But the fbi did not act appropriately as they were investigating. It is all starting to come unravel to unravel and i tell you it is time that people go to jail and people are indicted. And, of course, then weve known now for weeks that sub source of the fbi told the fbi officials that the dossier was a bunch of garbage it was bar talk in early january, 2017, but they kept up renewing warrants to spy on the campaign through carter paige do you expect indictments . Yotd. But maria, i think that this needs to accelerate. I mean, the idea that this is going to drift into potentially another administration if joe biden were to win in the fall i wore that we wouldnt be able to actually find the full truth out about everything that went on, and of the utmost importance for American People that we do ponged out that truth. As of as it might damage a lot of different institutions as much as it raises hard questions about different rules that we have in place we need to know what happened. Who was responsible for what, so there can be consequence nays we prevent this type of thing ever happening again. I totally agree where is john durham were waiting. Ben good to see you this morning thanks so much. Ben, joining us there, from the federalist. Well be right back. Istrict. The hoa has been very involved. These shrubs arent board approved. You need to break down your cardboard. Thank you. Violation. Violation. I see youve met cynthia. At least geico makes bundling our home and Car Insurance easy. And it does help us save a bunch of money. Two inches over regulation. Thanks, cynthia. For bundling made easy, go to geico. Com now every bath fitter bathbath fis installed quickly, thanks, cynthia. Safely, and beautifully, with a lifetime warranty. Go from old to new. From worn to wow. The beautiful bath youve always wanted, done right, installed by one expert technician, all in one day. Weve been creating moments like these for 35 years, and were here to help you get started. Book your free virtual or inhome Design Consultation today. Simon pagenaud takes the lead at the indy 500 coming to the green flag, racing at daytona. Theyre off. In the kentucky derby. Rory mcllroy is a two time champion at east lake. Touchdown only mahomes. The big events are back and xfinity is your home for the return of live sports. Maria welcome back we have this breaking news right now, chevron reportedly close it a deal to acquire noble energy and wall street journal is reporting this this morning just a few minutes ago. This would be largest Oil Patch Deal since the coronavirus pandemic delivered a slobbing to the industry. Take look at the stocks here noble energy this morning up 10 . On this journal story that chevron is near deal to acquire the company for five billion. Chevron is down this morning. One and a third percent on this news. We want coronavirus stimulus on the table and what next relief bill will look like as trump it pushing for payroll tax to be included. Millions are out of work questions surrounding weekly unemployment payments will be cut heres director larry kudlow with me this weekend on Maria Bartiromos wall street. Senator Lindsay Graham was with me saying why are we paying people more to stay home than to go back to work . You want to open the economy, well people dont want to go back to their job because theyre more with 600 thats going away. Will it be extended . Some are questioning why are you getting rid of Unemployment Benefits when you have unemployment we are not. We are looking at various ways to cap total Unemployment Benefits, federal and state and local. Were looking at various ways to do that. Which will provide plenty of lickty and not deter them from working. We will keep structure to go back to work in play. Second, were looking at reemployment benefits, i cant quote specific numbers because thats still under discussion. But that too will provide an incentive to go back to work reemployment, and third, out comes president s strong view that we should have a payroll tax holiday. Maria a lot of things on the table. Dagen mcdowell i think the only place where you can really see, you know, across the board support is the Liability Protection for businesses and schools. That it seems like most people agree on, dagen. That is one of the biggest issues getting in the way of big businesses and Small Businesses from really ramping up and bringing employees back and thats so the worry that they will get food and the liability if someone gets sick on in the work place. Really quickly, though, the governor needs to figure out a way to reduce the extra 6 600 a week that people are receiving in Unemployment Benefits say extra. University of chicago study found that 68 or more than twothirds of unemployed workers are collecting more in jobless benefits than their lost earnings, and the median payment is 34 more than their previous weekly paycheck. That needs to begin reducing. Maybe dont cut it off at the end of july if but slowly start reducing that. And why not put the burden on businesses . For businesses that have been open the entire time, restaurants, takeout places, and particularly these discount and online retailers, why arent they paying their workers a lot more because what if they were working through the pandemic, then if you start raising wages by private businesses, it take burden off the government why is government the solution for everything, steve . Yeah. Maria thats a good point, and steve, you and steve moore wrote a letter to make the case that no face for deal is beaters than what democrats are talking about right now. So, of course, you want that payroll tax cut which you advise president on for some time what do you think this bill should look like . Well they should have that payroll tax holiday but also they should not renew in any way those benefits who pay people not to work instead what they should do is do another round of individual checks where you get 1200, 1500 pick a number. That way youre not leaving people in the lurch but also not distorting the labor market. Nice thing about those checks, maria sb is theyre one shot they dont distort anything so stop distorting economy get a good bill out there. The liability is good. But also weve got to get that not only the payroll tax suspension. But no renewal on benefits which are really you have help wanted signs around the country because they cant find people to bring back the work. And pay people give them a one time shot 1500, 2,000 dollars. Maria thats what nancy pelosi wants to do as well. It sounds like everybody recognizes that 600 is too much, and that people are making more being home than going back to work but it doesnt sound like theres a appetite to do away with any unemployment benefit maybe lowered to 200 a week would that fly do you think or eliminate it altogether the federal money . For Unemployment Benefits well those studies that dagen just referred to found that even if you have a just a partial reduction, its sell going to cost the economy couple of million jobs by year end. So the key thing is how do you give people real help now when those benefits expire also have incentive to get gook work thats why single payments 1500, 2,000 does it. So that way people get the help. The economy gets the boost and it is win win except for those who dont want the economy to do well and we know who they are. This is the conversation taking place at the white house this afternoon for sure. We will be right back. Stay with us. The volatility. The ambiguity. This moment calls for more. And Northern Trust delivers more. With specialized expertise. Proven strategies rooted in data and analytics. And insights borne from over 130 years of successfully navigating economic turbulence. Giving you new clarity. Inspiring confidence. And helping you uncover new paths forward. Northern trust. Wealth management. Maria welcome back good monday morning everybody thanks so much for joining us im Maria Bartiromo and it is monday july 20th lets take look at markets on the east coast. Weve got a mix porches as we kick off new week on wall street dow futures are down 50 points and nasdaq down 1 and s p 500 down 8 and a half. As number of coronavirus cases rises and Congress Returns to work this morning, on a new release package, futures searching for direction, but now solidly negative. Investors are also waiting on results from key vaccine study this morning. Last week, the doug and s p 500 were up for a third week in a row butted nasdaq snapped a twoweek winning streak as you can see nasdaq down 1 last week but dow was up two and quarter percent and nasdaq was up one and quarter percent. Markets look like european are mixed investors are keeping close eye on the European Union this morning. As the debate over a coronavirus recovery package goes into day four fop down 41 and down 9 by dax index in germany higher by 43 in asia overnight mix story there. Stocks in china rising after regulators raise the cap on how much insures invest in parties to get investors buying stock so they have a bull market in place and shanghai composite up 3 . Walt disney joining list cutting ads on facebook and jackie has headlines this morning. Good morning to you thats right disney slashed its advertising spending on facebook. As more than 1,000 companies also suspend ads for protest facebook handling of heat speech. Disney also suspending olds on instagram which sewned by facebook. Disney was the top u. S. Advertiser on facebook for the first half of 2020. Tack a look at disney shares, in the premarket. They are down 6 tens of one percent and family of the late congressman john lewis say theyre finalizing funeral plans. Ceremonies are expected to take place in washington, d. C. At atlanta and hometown of troy, alabama. Today, georgia democrats will review to replace lewis on ballot for congressional seat. Sp 1 people have apply pick could be announced as soon as tonight. Lewis died friday night at the age of 80 after battling pancreatic cancer. And heres a look at whats trending this morning on fox business. Com. Does airline screening process for travelers who have medical conditions that prevent them from wearing face masks begin today . The airline says any customer who makes false claims about a condition may be blacklisted. And Insurance Company neutral of omaha is replacing its corporate logo that features native american chief in response to calls for racial justice. And taco bell removing 12 items to fit a more efficient experience. Maria. Maria all right jackie, thank you. Meanwhile this, chaos breaking out overnight in seattle. At least 12 officers were hurt after a march through seattle turned violent rioters taking to streets breaking windows, and looting businesses. All by meanwhile in portland tension between federal officers city mayor wants those officers gone. Saying that the presence of federal agents is leading to more violence and more vandalism House Majority leader weighed in on defunding of the Police Movement on sunday morning futures. Watch this. What is your responsibility as the leader of the gop to get law and order back in place in this country . Well every american should be scared right now because what you showed country was joe biden said yes. Hes for defunding the police. Watch what nancy pelosi just said the other day. She thinks whats happening in portland is graffiti problem no it is a mob problem that is overrun ppg you have people across this nation scared to death. You have Young Children being murdered. Because what theyre doing so the Police Department. This is wrong. Maria joining me right now is former nypd lieutenant and Law Enforcement professor at pace university. Darin, it is good to have you this morning darin thanks so much for joining us whats your reaction to this and bring law and order back to this country . Well its an arrange task but i think Law Enforcement is fit for the chamg and what happened in portland the portland is looking to itemize opposed to organize. When i say itemize theyre looking from using localized Police Department. When i look to the organized component, thats when we look to coalesce the forces of the federal Law Enforcement agencies, coupled with Law Enforcement agencies so they can produce a collaborative process in bringing forth the precipitous drop in portland that hasnt happened it in seattle we should have learn franchise teachable moments. It was a clearly ineffective means in eradicating crime this is e remerging therefore we need practitioners as major stakeholders to sit down at table devise a strategy that could eradicate crime because it is coming to a rise as a result of the inability for them to execute on a plausible strategy. Maria yeah. Because violence begets more violence you have violence all across the country unrest in other u. S. Cities as well. Chicago, reeling from yet another violent weekend, at least eight people dead in chicago. 44 others injured. Over the weekend, Chicago Police reporting 48 increase in murder this is year back to sail time last year. I mean is it time for the federal government to intervene in chicago . Well when we look at the breakdown, the executive brarnlg does have the ability. The executive branch being that of the president does have the ability to send in federal assistance to places like chicago, and this is one of the things that President Trump is extended to the mayor of chicago. However, mayor of chicago has refused to help it is a losing battle theyre fighting in chicago and a lot of this is prom by mayor in play she believes her strategy is sound but unfortunately weathering in crime wake thats plaguing that city and democratic mayors need to accept it and they havent as a result. Maria i think it is a good point. You know lee carter a new fox news poll Shows Majority of black and white voters agree on this that current law and order is a big problem. Lee, what should be done about it . How do they feeling the federal government getting involved . I think it is really interesting when you look at polling right now on this issue. Despite the fact theres so much talk about the supports and popularity of Defunding Police only 25 of americans support Defunding Police. 42 of americans think that we should spend same, and a third of americans think we should increase spending. 50 of americans think that police are doing a great job. And they might need some reform. But honestly, that i think narrative is completely different in reality than it is in what is being portrayed. So my question here is, what do you think the police need to do in order to get the credit that they deserve . Because a lot up until recently, every, you know, theyve been doing a great job. This is a really, really challenging issue and not giving tools they need when you look at whats happening in new york. Defunding police de blasio has a 10 Approval Rating new york is really, really struggling with this and i think we need to sports our Police Officers. Darin. You know this is so unfortunate when we look at whats happened in new york mayor is focused on painting murals and not reducing crime. You need to have the necessary stakeholders at the table that being, the Police Department so they can erect a policy that can reduce crime. Its just not happening. And this is becoming more a National Issue thats plaguing these communities. The communities of color are under siege we see an excuse me a disproportionately high number of victim that are in the africanamerican communities, and nothing is being done. So if you believe that black lives matter, this is the time for you to put down the paint brushes. And [inaudible conversations] start placing Police Officers in these communities of color that are under siege and this unfortunately hasnt been happening as a result of the Democratic Leaders that are in power in these cities that are being plagued by gun violence. Maria all right you make a great point darin great to have you this morning come back soon, sir darin, we will will right back. Communities showing support in their own way. Our way is massmutual healthbridge, a free Life Insurance program just for healthcare workers fighting covid19. So to all the healthcare workers on the front lines, thank you. Thank you. I have the power to lower my blood sugar and a1c. Because i can still make my own insulin. And trulicity activates my body to release it like its supposed to. Onceweekly trulicity is for type 2 diabetes. Its not insulin. It starts acting from the first dose. And it lowers risk of heart attack, stroke, or death in people with known Heart Disease or multiple risk factors. Trulicity isnt for people with type 1 diabetes or diabetic ketoacidosis. Dont take trulicity if youre allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. 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Not promise. Prove. Save 25 on the sleep number 360 c4 smart bed with any Smart Adjustable base. Plus 0 interest for 24 months. Ends monday. Maria well, it could be a merge of money in Energy Sector chevron is acquiring noble energy for 5 billion in all stop deal. Shares of noble are surging on this news. As you can see, the journal broke the story first, stock is up 8 schaaf ron valley flat on the session. Joining me right now is Oil Associates president , andy your reaction to this breaking news this morning. Well, its not unexpected that were going to see more consolidation and bankruptcies in the oil patch given that oil prices around 40 a barrel. What is interesting year ago in april chevron made an offer to buy and at the time they were going to spend 33 billion dollars on that which they ultimately lost who paid over 50 billion. Okay. So you think that this deal goes through . Noble chevron, and what about all of these bankruptcies wishing wave of bankruptcy given this Incredible Movement in oil more than 20 bankruptcies in oil sector this year alone. Assess the situation for us and where do you see this going in couple of years with oil now at 40, 20 cents barrel thats off the lows. Well, i think Current Situation is going to per cyst through the balance of 2020 given that Shale Oil Producers simply are unable to make money as 40 a barrel. And you can see that in the where they accuse of showing last week a record low of 253 rigs down 70 compared to year ago. Now, this acquisition by chevron i do believe it is going to go through but it also then brings the other Energy Producers into focus those good producers like diamond back or pioneer, or Eog Resources i think that market is going to look at those of potential acquisition targets. On the other hand, weve seen really beg bankruptcies the latest being chesapeake and might see those gobbled up by other oil companies. Yeah. I mean you mentioned that deal that chevron lost, it had made that 38 billion bid and, of course, it got blown out by one who won the deal. But oil this morning is under some selling pressure because of fuel demand over the coronavirus. So theres that. Waying on investors price at 40 a price of ole and do you see this as indicator of demand and whack you tell us in face of the coronavirus and, obviously, travel down 90 . Well, yeah. When we look at the demanding side of this situation here in the u. S. , the eia is predicting that gasoline and diesel down 10 this year comparedded to 2019. Whereas airline jet fuel demand is down 30 . This is significant and weve seen this happen around the rest of the world. And as a result, this has forced opec plus to reduce their production in may, june, and july they cut production by 9. 7 million barrel a day and cut their production by 7. 7 easing up on these restrictions for the balance of 2020. But the oil market really is saying theyre on one hand looking at economies around the world. Reopening, and on other hand nervous about a resurge of the virus and should the markets sense that opec has lost control in world inventory start tboild, were going to see Oil Prices Plummet back into the 20s. No, yngt believe thats gong happen. But i actually think that by the end of the Year Oil Prices are going to rise to about 47 to 50. Maria 47 by year end thank you andy. We will take a short break. We will be right back. Andy, thank you. I should get a quote. Do it. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Welcome to camp tonsafun on xfinity its summer camp, but in your living room. Learn how to draw with a minions expert. How to build an indoor Obstacle Course plus. Whatever shes doing. And me, jade cattapreta. The host of es the soup camp tonsafun. Its like summer camp, but minus the poison ivy. Unless you own poison ivy. In which case, why . Just say summer camp into your xfinity voice remote to join. Maria well welcome back time for the morning buzz first up ikea veggen get plant based swedish meatballs made by apple oats and on onion it will be ine United States this september. Dagen what do you think, are you in . No as much as i like to used to eat at the lurnlg counter at a five and dime around where i grew up. I cant eat or sell a bunch of clol to offset the frustration that comes with the trying to assemble this furniture when you get home so why dont they sell to go. [laughter] there you go. Another idea . Next up a royal is not so popular anymore. Recent poll show it is that brits think prince harry is more of a liability than asset since 2012 number went from 9 to 38 hear from me again from steve forbes. Right now they must in hollywood be thinking of ding a remake of the old movie at the trouble with harry. Which came out in the 1950s of Shirley Mclane mystery comedy im sure harry himself is looking at his name sake, henry the 8th no how he dealt with marital problems and things like that so probably yearning go back homing. Theres a reason why monarchy stays in britain and hollywood is no substitute and make do a remake and have a starring role. I dont know. Wow. Maria definitely his move to step away, did not did not was not a good thing for a lot of people. Finally this, a dolly par tom dream National White limousine not only named after her 1989 song but it is full of dolly shades of pink lee what do you think . Are you going to go . Ill be there as soon as i can im going. I think it is a fabulous idea shes one of the most popular figure out there and ewe an amazing podcast dolly and i recommend everybody listen to it. Celebrating an American Icon have drinks surrounded by pink. Love dolly. Quick break and then still ahead schools reopening amid the debate over classrooms with back to school rapidly approaching. Back next hour mornings with maria become on fox business. Dont just think about where youre headed this summer. Think about how youll get there. And now that you can lease or buy a new lincoln remotely or in person. Discovering that feeling has never been more effortless. Accept our summer invitation to get 0 apr on all 2020 lincoln vehicles. Only at your lincoln dealer. Maria welcome back. Good monday morning, everybody. Thanks so much pou for joining , im Maria Bartiromo. It is monday, july 20th. Congress returns to work today, and more stimulus is at the top of the ajohn da. Lawmakers have two weeks before their next recess to get something done. Leaders will be meeting at the white house today. What is on the table, coming up. Unrest across america all weekend, riots in portland, violent protests in seattle, portlands mayor demanding federal troops leave, despite the violence. This as calls to defund the Police Continue while crime rises in major cities across the country. Coronavirus spikes in hot spots continuing, florida reporting its fifth straight day with more than 10,000 new cases. Meanwhile, earnings season kicking into high gear this week, this week weve got eight dow components reporting Quarterly Earnings including ibm, cocacola, microsoft, intel and american express. That will set the tone for stocks. On wednesday, investors will have a close eye on tesla, following its electrifying ride, the stock continues to soar. It will report its earnings. We will be watching. Futures edging lower this week to start the week under some selling pressure, dow industrials right now showing decline of 39 points, nasdaq futures are up 5 nay, s 5 andp lower by 7 andahalf. Last week the dow and subpoena wers p wereup. The nasdaq snapped a two week winning streak last week. The 2020 race is on, new fox news poll ofs show joe biden holding a lead over President Trump. The race is narrowing with now 106 days before election day 2020. Kanye west holding his First Campaign rally, meanwhile. His comments causing controversy. Weve got them this morning. Our weeklong look at instagram stars kicks off. Plus, this, annoyed by things you see some passengers doing on flights. Todays guest has gained a lot of followers by shaming people doing things like putting their bare feet on your seat. You dont want to miss it. Mornings with maria is live right now. Global markets mostly lower, the fq100 down 46, cac is down 13, the dax in germany is higher, it is up 32 points right now. We are waiting of on the European Union as debate over a coronavirus recovery package goes into day four today. In asia overnight, markets were mixed, take a look, china is soaring once again after the ccp told investors to get in and buy stocks, regulators raised the cap on how much insurers can invest in equities, looks like the Chinese Government is going to continue a rally underway pretty sharply in china. The shanghai composite is up better than 3 overnight. Joining the conversation this morning, Dagen Mcdowell, lee carter and steve forbes. Great to see everybody this morning. Steve good to be here. Maria some of the top stories this morning. The Trump Administration and congress set to start negotiations today on a fourth coronavirus stimulus bill to help struggling americans and businesses. This relief package being debated today. President trumps chief of staff, mark meadows, telling me on sunday morning futures yesterday Senate Majority leader Mitch Mcconnell, Steven Mnuchin, Kevin Mccarthy will meet at the white house today. The Trump Administration opposes a proposal to spend billions of dollars for state run testing and tracing. The number of covid19 cases is soaring in parts of the country. Today talks get underway as President Trump says he would consider not signing the relief measure unless it includes a payroll tax cut. The search for a killer is underway this morning after a federal judges son is shot and killed and her husband left in Critical Condition inside of their new jersey home. Police say the gunman was dressed as a fed ex driver when he visited the home of u. S. District court judge ester salas. The fbi is looking for one suspect this morning. The shooting comes just days after salas was assigned to work a case linked to jeffrey epstein. Chaos breaking out in seattle, at least 12 Police Officers are hurt at riots hit the city and protesters throw rocks and bottles at officers. One of those officers is now in the hospital. Two others have been two people so far have been arrested. The peaceful protests turned violent as rioters took to the streets, looting businesses. The group vandalized a Police Precinct. Police say rioters threw a device into the lobby, igniting a small fire. It was quickly extinguished and no injuries were reported. Yesterday florida logged more than 10,000 coronavirus cases, that made it a fifth day in a row for the Sunshine State, more than 80,000 confirmed cases have been reported in the last week. The bahamas will close their borders to u. S. Travelers beginning on wednesday, citing the recent spike in coronavirus cases for that decision. Top nfl players including patrick mahomes, drew brees and jj watt criticizing the league for covid19 protocols with Training Camp due to start soon. Mo homemahomes tweeted hoping wn feel protected playing the sport we love. Drew brees said this, we need football, we need sports, we need hope, if the nfl does not do their part to keep players healthy there is no football in 2020. Its that simple. Get it done, nfl, writes drew brees. Time for the word on wall street. Were keeping a close eye on earnings of course and a new round of coronavirus stimulus. Joining me right now is may flower advisors managing partner, larry glazer, along with senior Vice President of investments jim la camp and dominic tavella. Thanks for being here, gentlemen. Good morning. Thanks for having us. Maria jim, futures right now are mixed ahead of a big debate on capitol hill, lawmakers are getting back to work today. Theyre going to be working on a fourth round of covid stimulus. A lot of ideas on the table. What is your expectation in terms of the impact on markets . The impact is going to be huge. The stimulus discussions are going to be extremely important, maria, because of how youre going to do this. Theres a lot of people that dont like the way we did it last time because it paid people more not to go to work and a lot of employers said i cant get them back in the office. So how they do this is going to be very important and beyond that, investors are going to have to look at major things going on here, inflection points. I think were going to see backing and filling, investors are okay with getting nickeled and dimed. They dont want to be drawn and quartered. I dont think that will happen here. We have a calendar issue. At the end of july through early october its historically a very tough time in the markets, particularly in election years. Election issues are going to loom large. Are we going to see a Corporate Tax hike . Are we going to see a Capital Gains rate tax hike . All of these things are in election. Thats really important too. I mentioned the stimulus. So we have some issues right in front of us, not to mention the fact that the disease seems to still not be ameliorating here, it seems to be getting worse and youve got a lot of states that are now making decisions, are we going to shut back down. Therefore, the green shoots that weve seen in the economy may prove to be evidenc an aberrati. The markets look okay, though. Maria have investors started to focus on the possibility that policies could change . You just mentioned the taxes are going to go higher. They will go higher should joe biden become president. He has already promised that. Do you think markets have reacted to that yet or will we see that if people start to believe that he in fact will win . I think the issue for the markets, maria, they have factored the fact in that they expect a full economic recovery. In other words, we built it. Now were expecting the economy to come. With the disease doing what its doing, it might not be coming. The investors seem to be okay that the fed is going to continue the stimulus. Maria im talking about the election. Im talking about the election. Right now, im talking about telex. I understand what youre saying in terms of the coronavirus. Yeah. I think its too early for the markets to be reacting. A week is a really long time. Maria earnings season is rolling on, we know that. Were in the middle of of earnings season. Youve got dow come pones pone t dow components reporting earnings this week, along with tesla, biogen, twitter, we will also get airlines. What are you watching and expecting in terms of the earnings story . Sure, maria. Look, we know its going to be the worst earnings season in 12 years. Dont let the dog days of summer distract investors from opportunities in the second half of the year. Baseball is fact. We call it the yogi bear ray kind of market, where if you see a fork in the road you take it. Its a rotation that we saw last week out of big growth names, into some of the value names. We saw amazon and netflix underperforming. We saw value names starting to come back. Energy earnings are a disaster. Thats where the opportunities are. For earnings season youre going to get through ibm and microsoft. Youre going to get through intel. All of which should be all the focus for investors, not covid, not the noise in washington. Weve got to see what happens after earnings season. A third of these Companies Wont even get you guidance because this earnings season is a pass. Use that opportunity for investors to move into some of the value names, like financials that reported last week where the earnings werent quite as bad as people thought. And thats where the value is and its an exciting second half of the year but its going to look totally different than the first half of the year, maria. Maria so do you want to do that through specific names or through etfs . Theres a lot of opportunities here in sectors within the market. The feds not going away any time soon. Weve got a stimulus package in washington. We know income is going to be hard to find. Its a yield desert. Rising growth of dividends. So vig is one way to play that vcit. You tack about taxes you talk about taxes, taxes are going up so we want to have tax shelters anywhere we can get them because taxes are going to be a problem and its going to be a focus for investors in the second half of the year. Shelter yourself from taxes, maria. Maria so were also waiting for this round four of the coronavirus stimulus package. But investors are bracing for the possibility of a biden presidency. One major point of contention is his plan to raise Corporate Taxes. Dominic, weigh in here. What does a joe biden presidency look like . We havent seen a focus yet on the market, for the markets. Are investors looking at the election and trying to navigate it now, 106 days away or its too soon . Its just starting, maria. Were just starting to get questions on the subject. Clients are calling up. We saw what happened when we had the Corporate Tax cut. We could price into the market if x amount of dollars were cut in taxes, earnings would go up by x too and we could price that into earnings, future earnings of the s p 500 and we watched the s p explode to the upside. If they cut raise Corporate Taxes, i this is not hard math. Corporate earnings are going to come down, net profits are going to come down for the s p 500 and you cannot possibly have a significant increase in the s p 500 next year like most investors are expecting. Throw into that regulation, financial regulation, environmental regulation and you could have a significant comeback in gdp going forward. So this is significant and investors are just starting to price this into the model. Maria all right. Well have to keep watching that. Gentlemen, thank you so much. Larry, jim, and dominic, great conversation, gentlemen. We so appreciate it. Coming up later this hour, weve got a big show coming up, former Senior Advisor to the Clintons Mark Penn on the race for the white house and the expectations for the durham report, the durham investigation may yield indictments sooner rather than later. At 8 00 a. M. Eastern, former arkansas governor Mike Huckabee on schools reopening and tyler goodsbee here as stimulus talks kick off. It is ins insta star week. Wdont miss it. Back in a moment. [indistinct radio chatter] mom come on, hurry up all systems go . Mission Control 5 4 3 2. And liftoff. vo audi etron. The next frontier of electric. Get audi at your door Remote Services through participating dealers. Maria welcome back. The debate over going back to School Heating up this week, President Trump ordering state and local leaders to reopen schools or risk losing federal funding. On sunday morning futures, white house chief of staff mark meadows weighed in on how to open schools safely this fall. Watch. Youll see some new initiatives coming out this week as the president is not only leading but will continue to lead and step up in a number of fronts. One of those that you mentioned just earlier, maria, is about our schools. How are we going of to open our schools and make sure that moms and dads dont have to worry about the safety of our children that are going back to schools and so there will be over 70 billion that this president has already authorized to work with congress, to try to make sure that we not only keep the classrooms safe, but the teachers safe and the students safe and youll see a very broad five to six points in terms of what we will be doing in terms of making sure that our schools are safe. Maria big issue here, lee carter. Obviously that money was already earmarked for schools. The president wants these schools to open before committing any addition nail adl funding, your reaction. Lee one of the defining issues of the election is going to be which candidate makes people feel the most safe. The issue of School Safety and kids going back to school is one of primary concern to parents. Two of three parents are concerned about their kids going back to school. The president and joe biden, who also of issued his plan last week, its really lean on details. Its great to say we want kids to go back to school in practice. Weve got to talk about what that looks like, what are the social distance requirements, what are the classroom sizes, what number of teachers do we need, what changes will there be . Will we alternate days . There are a huge number of americans that need schools to be open because they provide child care and meals for our children. If we can make that a priority of for those who need it the most, i think its really important. Theres a big difference between the president and joe bidens space, the president is pushing the states to make decisions and i think thats the right thing to do. The virus is impacting different states differently at different times right now so well have to look at this at a local level. Joe biden is trying to put the same parameters across the whole country. Very, very lean on details. I think thats going to be a big issue because what are we really talking about when it comes to safety of our children, we want to know exactly what it is that theyre recommending. Maria of course. Absolutely. Dagen, what do you think . Dagen here are the details, more science in favor of reopening schools, as the new york posted tore yall board editoeditorial board reports to, there is a report calling for inperson instruction. This follows up on the American Academy of pediatrics doing the same thing. Lets talk about the longterm devastating impact on younger children who are not interacting with one another and particularly special needs children. Online education simply doesnt do the same work for them. One more thing and i will point which the wall street journal wrote about a few days ago, that without when you try to open of an economy without child care, without schooling, you are basically setting back women in this nation for a generation. Because they will have to stay at home to take care of their children and ultimately leave the workforce. Theres one quote that says it is a recipe for a generational wipeout of womens careers. Maria wow. Yeah. Its true. Its all connected. Well keep talking about this important issue. Coming up, protecting american history, more protests erupting over the weekend and the Christopher Columbus statue was vandalized in chicago. Questioweve got details. Kanye west giving two Brand Partners ultimatums, what he said during his First Campaign event coming up. Youre watching mornings with maria live on fox business. Fot no matter what challenges life throws at you, were always here to help with Fast Response and Great Service and it doesnt stop there were also here to help look ahead thats why were helping members catch up by spreading any missed usaa insurance payments over the next twelve months so you can keep more cash in your pockets for when it matters most and thats just one of the many ways were here to help the military Community Find out more at usaa. Com to help the military Community Save without even leaving your house. Just keep your phone and switch to xfinity mobile. You can get it by ordering a free sim card online. Once you activate, you only have to pay for the data you need, starting at just 15 a month. There are no term contracts, no activation fees, and no credit check on the first two lines. Get a 50 prepaid card when you switch. 5g is now included with all new data options. Switch and save hundreds. Xfinity mobile. Maria welcome back. The Christopher Columbus statue in chicagos grant park was vandalized over the weekend, as violent clashes erupted between protesters and police resulting in several police injuries. House minority leader Kevin Mccarthy said he has put forward a bill that will protect statues and mone monuments moving forwa. What is your responsibility as leader of the gop to get law and order back in place in this country. Every american should be scared right now. What you just showed the country was joe biden said yes, he is for defunding the police. Youve got congresswoman omar who wants to dismantle america. Then youve got nancy pelosi who is allowing them to destroy america from statues and on. We have a responsibility for rule and law and for justice. And what were watching the democrats doing, watch what nancy pelosi just said the other day. She thinks whats happening in portland is a graffiti problem. No, its a mob problem that is overrunning. You have people across the nation scared to death. You have Young Children being murdered because of what happened in the Police Department. Maria your bill does what . Our bill withholds federal grants for cities that dont uphold and protect the statues. The cities have the responsibility for law and order, not to leave these precincts, not to allow the mobs to rule our communities. We have to stand up to this. Maria joining me right now is judge andrew napolitano. Judge, its great to see you. Your thoughts on this proposal . Well, you know, Congress Gives away a lot of money and always attaches strings to the money and the Supreme Court said to the cities and states that receive the money, if you want the money, you accept the strings. As long as the strings are rationally related to the purpose of the money. So if i think congressman mccarthy, in that respect, is correct. If congress is going to give x Million Dollars to the portland Police Department, the strings are they have to enforce basic law. I have argued that the police have a moral and legal obligation to enforce the law even when the politicians tell them not to. But thats not the case in port oland. In portland when the mayos dont enforce the law, the law doesnt get enforced. Kevin mccarthy is doing what he can given the limited federal role in local Law Enforcement. Maria i mean, these statues are property, right . What types of charges are the vandals facing at this point if they are caught and prosecuted . Well, if its onl owned by te federal government, congressman mccarthy is talking about a fed not owned by the feds. If its owned by the feds, believe it or not its 10 years in jail for defacing federal property, whether you deface a building or whether you deface a statue. I dont know what the penalty is for doing this in oregon. Think about it. It is the destruction of property paid for and owned by the taxpayers and its going to require a lot of money to repair. So the least that is imposed on the defendant is the cost of repair. And theres almost always incarceration and when its done in a group, meaning there was some planning, plotting, collective effort to do that, the group when convicted goes to jail as well. But these rules are applied differently throughout the country, maria. And in some places like portland where the political figures actually derive Political Support from the people that are doing the rioting and their supporters, they dont want to enforce the law. They want to let these people get away with this stuff. So the feds are doing what they can. Maria exactly. All right, judge, thank you for your insights as always. Great to see you, sir, judge napolitano joining us there. Quick break and coming up, 2020 in focus, we are over 100 days away from the election. New fox news polls this morning show the race is narrowing in key areas. Were going to zero in when we come back. This is decision tech. Find a stock based on your interests or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Maria welcome back. Good monday morning, everybody. Thanks so much for joining us. Im Maria Bartiromo. It is monday, july 20th. A look at the markets, 7 31 a. M. On the east coast. Congress returns to washington today with two weeks to make a deal on a fourth round of Coronavirus Relief. Futures are searching for direction this morning, there are important meetings happening at the white house about the next relief package. Dow futures down 27 points this morning, the nasdaq is up 25, and the s p 500 is down 5 points. Investors also eyeing results from a key vaccine study today. That may very well be a market mover as well. Last week the dow, s p 500 were up for a third week in a row but the nasdaq snapped a two week winning streak last week and traded down on the week as you can see. Global markets are mixed. Take a look at european indices, as the debate over a coronavirus recovery package there goes into day four. The fq100 down 37, cac down 2, the dax is higher, up 62 points right now. About one half of 1 . In asia markets were mixed, china continues this massive rally underway. Stocks in china rising after regulators raise the cap on how much insurers can invest in equities, doing everything they can to get a longstanding rally in stocks in china. The shanghai come pos of it up another composite up another 3 overnight. Kanye west is threatening to walk away with adidas and gap if those companies dont name him to their boards. Jackie deangeles has details. The rapper telling supporters that hes willing to walk away from the deals that made him a billionaire to bring awareness to the lack of diversity at the top level. Listen. I am not on the board at gap. That has to change today. West, who officially launched his bid for the presidency last week, signed a 110 year deal with gap last monh ant his yeezy brand debuts in 2015. Jack nicklaus said he and his wife were diagnosed with the coronavirus. They were quarantined until april. We were very fortunate. We were lucky. Barb and i are both of the age, both of us 80 years old, that its an atrisk age. Yesterday nicklaus was onhand for the memorial tournament in his course in ohio. He congratulated winner john roms, not with a traditional handshake but with a fist bump. And here is whats trending this morning on foxbusiness. Com. Lyft is installing coronavirus sneeze guards in driver cars. Trader joes is updating packaging for International Foods amid a social push for racial sensitivity. And whole foods is recalling its spinach art choke dip due to undeclared egg, maria. Maria thank you so much. The race for the white whos is tightening, white house is tightening. New polls show joe biden is ahead of President Trump but by a smaller margin than a month ago. President trump holds 5 point lead among men in the United States and biden holds a 19 lead over women. Joining us right now, mark penn. Great to see you. Welcome back. Your reaction to these polls this morning. How do you address the current race for the white house . Well, i think that were seeing a little bit of what i expected which is some snapback here from some of the extreme figures that we saw and i think this race is going to continue to tighten because there are a lot of people who supported President Trump who left President Trump as the virus got worse and the big question is, how is the president going to handle the virus. That really is what is driving his numbers up or down. Maria so you think thats what this is going to be in the next 100 days, the president s handling and what joe biden has to say about the virus and leadership there . We, its the number one issue. If you look at whats transformed america, there have been obviously the i emergencef issues related to race but people still, by over two to one, put the virus as the number one issue and President Trump receives below 50 , around 40 ratings on both of those and when trump was doing pretty well, just two months ago, he was receiving just about majority ratings on the virus. And so where is kind of the sense of command and control of the virus. I think thats what people are looking for. Theyre looking for that kind of leadership. I dont think weve seen bidens numbers move at all because biden really hasnt come out and started his race. But trump has to as ive always said, its trump v trump, come back and take command of the virus if hes going to see his numbers improve. Otherwise, i think hes in real jeopardy at this point. Maria do we know bidens plans in terms of his own agenda . Lets talk about his Vice President ial pick, for example. On sunday morning futures i spoke with steve bannon about who he thinks will be on the ticket. Who do you think joe biden will choose as his Vice President ial candidate . Well, i think the polling internal for biden, the thing theyre looking at is someone who cant throw him off where hes going right now, whether Elizabeth Warren, Kamala Harris, i think theyre looking at a number of candidates. I dont think it will matter who his vp is. I think joe biden is the one thats going to get smoked out. If President Trump continues to drive action, bidens going to be smoked out and have to confront President Trump on this. I dont think hes going to stand up. Maria so mark, who do you think it is . We know Kamala Harris is being looked at, possibly susan rice, possibly Elizabeth Warren. Well, i hate playing this game but if i had to guess, Kamala Harris probably is the number one. I think because she has been a former prosecutor. Shes not perceived as too far of to the left. I think Elizabeth Warren would be perceived as much farther to the left, raise more questions about the ticket. I mean, you know, usually when you run, youre supposed to kind of go more to the left during the primaries and then move more to the center during the actual election itself because after all, the general election voters are more to the center. Youve seen the strange pattern where democratic nominees often do the opposite. Maria and mark, once again, we have not heard a peep from the left in terms of the wrongdoing at the top of the fbi over the origins of the russia probe. John durham is working on his investigation. We are expecting some news out of this investigation around labor day, thats what ag barr told me, white house chief of staff mark meadows joined me yesterday on sunday morning futures and he made a few predictions that former federal officials should expect to hear from durham soon. Watch this. When are we going to hear from john durham . Will there be indictments, sir . I think the American People expect indictments. I know i expect indictments based on the evidence ive seen. Lindsey graham did a good jock of getting that out. We know there wasnt a case and they continued to investigate and spy, and yes i used the word spy on Trump Campaign officials and even doing things when this president was sworn in and after that and doing it in an inappropriate manner. Youll see documents coming of out in the coming days that would suggest not only was the campaign spied on but the fbi did not act appropriately when they were investigating. Its starting to unravel. Its time that people go to jail and people are indicted. Maria mark penn, whats your take on this . We know that they knew that the dossier was garbage. It was bar talk as early as january 2017, based on the declassifications we saw friday. The fbi the subsource told the fbi agents it was bar talk and wasnt true, yet they used the dossier to continue spying on the Trump Campaign while the president was sitting in the oval office, this is during his presidency mark. Your reaction . Weve seen one smoking gun after another here. Its time for some indictments to come down. We know the clearest one is the lawyer who simply changed the email related to carter page getting rid of the was serving as an agent and put in not. Whats taken so long here . The recent material that came out on friday says that the government knew all along that this dossier was a crock and so this should have gone absolutely nowhere instead of a two year independent counsel investigation which seems to have just been about persecuting associates of trump rather than actually finding anything about trump, russia collusion, that was known as nonexistent. Its really quite incredible. Maria yeah. Its quite incredible and what do you hear from the media, mark . Not a peep, even behind closed doors theres peter strzok marking up a New York Times article saying well, thats wrong, thats wrong, thats wrong, all the headlines. We have no evidence of any of this. And yet a lot of those people they got Pulitzer Prizes, they got Pulitzer Prizes for report offing on the russia probe. Even peter strzok is saying that the New York Times has no real evidence for the story, that they are reporting about Trump Associates talking to agents of kind of of russian of the russian government and that the story itself is false. Even peter strzok is saying that its false. This was maria what a joke. It was false from the beginning. Maria unbelievable. Mark, great to talk with you this morning. Please come back soon. Thank you, sir. Mark penn joining us there. Coming up, the spying threat from china, tiktok under pressure because of its chinese ownership. What you need to know to protect yourself with these chinese apps, why the administration is right to look into banning chinese owned apps, were going to get into it. Instagrams biggest names and biggest stars. Were looking at one influencer who is trying to get her followers to be Better Airline passengers. Youre watching mornings with maria live on fox business. Oh, we love our new home. Neighborhoods great. Amazing school district. The hoa has been very involved. These shrubs arent board approved. You need to break down your cardboard. Thank you. Violation. Violation. I see youve met cynthia. At least geico makes bundling our home and Car Insurance easy. And it does help us save a bunch of money. Two inches over regulation. Thanks, cynthia. For bundling made easy, go to geico. Com maria welcome back. Banning chinese apps, earlier this month india banned 59 of chinese apps following tensions along their shared border, 20 of soldiers dead in india after the Chinese Communist party invaded india. The apps include tiktok and uc browser. The Washington Examiner walked through the reasons why the ban was an effective move. Its easy to enact and has an immediate economic effect on Chinese Companies aiming to go public. Joining me right now is lou basineste. Join us through the apps and the threat of National Security around them. Look, i think the examiner was spoton in their diagnosis here. Were living in a world where wars are fought with bits and bites, not bombs and bullets. Data access is critical to finding out where people are moving, what their preferences are. I think this is an opportunity for the u. S. Government to secure our digital borders where we havent done before and, frankly, its our of own of fault. I mean, as individuals, were terrible with privacy. We talked about this before, how facebook from day one has always invaded our privacy and weve given it up freely and i think this is an instance where indias showing that the state needs to intervene to protect the interest of the state when the individuals arent going to do that. Maria well, it sounds like the United States is poised to also ban tiktok among others, apps. Steve forbes, jump in here. Because many people believe that this tiktok, wee chat, is another opportunity for the Chinese Communist party to gather information, gather data on american citizens and continue to surveil whoever they can. Steve yes. And you also have questions rising up, something all of us love these days, i would love to get lous opinion on it. Zoom, whats the future of zoom given its presence in china and concerns about security . Look, i have two concerns about zoom. One, i think youre putting a finger on is the security. They had security issues. There are zoom calls that were getting hacked into as a number of zoom users, i think it ballooned to something north of 300 million. Theyve seen tremendous growth. Theres no way that theyve been able to invest in security measures and quite frankly thats probably intestimonyic is the cyber world. Were trying to play catchup. Ththe market valuation of zoom s off the charts. Its worth more than the whole Video Conferencing space as a whole. Weve become so used to being connected but weve never thought through the implications from a National Security standpoint. At least on the individual level and were too free with just scrolling and clicking off on a user agreement without thinking about what were agreeing to. Maria right. Well, i mean, look, the other issue im glad steve brought up zoom. The servers are in china. Its another opportunity to spy. Its also prop of bega propagan. I spoke to senator kennedy. He said the Confucius Centers are all propaganda. If youre an individual in america who goes to the Confucius Center and you say tell me about the National Security law in hong kong, thats not happening. Tell me about tiananmen square, no, were not going to do that. Its propaganda and editing out information. Theres that as well. We should not be surprised. China has been playing this game since day one. Theyve been blocking information flow. Why should we think twice about doing the same to protect our of own interests . Maria lou, great to have you this morning of. Thanks so much. Stay with us, well be right back. Businesses are starting to bounce back. But what if you could do better than that . Like adapt. Discover. Deliver. In new ways. To new customers. What if you could come back stronger . Faster. Better. At comcast business, we want to help you not just bounce back. But bounce forward. Thats why were helping you stay ahead and adapt with a network you can count on, 24 7 support and Flexible Solutions that work wherever you are. Call or go online today. Maria welcome back. Time for the morning buzz. First up, getting paid for your spare change. Theres a nationwide shortage of coins. So Community State bank in wisconsin launched a coin buyback program. For every 100 in coins that you turn in, the bank will give you 5 bonus. Lee, do you have spare change around . I know i do. Lee i sure do. We keep them in containers all over the house. Its a great idea. I love these ideas when you see businesses and communities coming together to solve a real challenge thats out there. This coin shortage, people can use extra cash right now. When you read more about it, youll see a lot of folks are saying i dont need the bonus, give it to businesses that need it. I think this is amazing example of americans and communities coming together to solve a problem. Maria i agree with you. I love it. Next up, the future of fast food, kfc is working the worlds first lab produced chicken numb et cetera, turning to a russian 3d Printing Company to help produce what theyre calling the meat of the fe future. Steve, what do you think of this one, bioof printed chick. Steve it sounds creepy, especially if theyre using animal parts so its not vegetarian. I dont want to egg them on on that. It reminds me of the fake milkshakes, they finally had to put real milk in there. This sounds like the same thing. Yuck. Maria i mean, really, im all into eating healthy but lets stick to real food. And then theres taco bell, dagen, dont believe the rumors. Its keeping the queserito. The menu is being simplified to make things easier and safer for customers. The items being removed include the steak taco. Restaurants are having to make adjustments due to the coronavirus. Dagen i was informed that one of our producer, rachel, has never been to a taco bell and i think that is deeply, deeply disturbing. Im not sure i trust her any longer. [ laughter ] dagen that being said, i used to eat the nachos bell grande with extra cheese every day for lunch while in college, that plus beer and i was 30 to 40 pounds heavier than i am right now. Maria oh, my gosh. Dagen exactly. Its a double edged sword. Maria you cant do that every day, i know that. Still ahead, outrageous behavior at 35,000 feet, were going to be talking to one of the top instagram influencers about her brand and how she exposes the world to the craziest behavior on airplanes. Thats all next hour right here on mornings with maria. Stay with us. Some Companies Still have hr stuck between employees and their data. Entering data. Changing data. More and more sensitive, personal data. And it doesnt just drag hr down. It drags the entire business down with inefficiency, errors and waste. Its ridiculous. So ridiculous. With paycom, employees enter and manage their own data in a single, easy to use software. Visit paycom. Com, and schedule your demo today. Morning, everybody. Welcome back thank you so much for joining us he i am Maria Bartiromo, monday, july 20th top stories 8 00 a. M. On the east coast, Congress Returns today, to work in more stimulus top of the agenda lawmakers have two weeks before next recess, to get something going are looters meeting today what is on the table coming up this morning for a fourth relief package unrest across america riots in portland violent pro the efforts in Seattle Portland mayor demanding federal troops leave despite violence as calls for Defund Police continues crime rises in cities. Coronavirus hot spots florida reporting fifth day in a row more than 10,000 new cases, earnings season in high gear weve got 8 you components reporting Quarterly Earnings ibm cocacola pliek soviet intel, american express, on wednesday investors have a close rely on tesla electrifying road stock leading the nasdaq, meanwhile, futures are searching for Firm Direction this morning, take a look, dow futures right now lower by 20 points nasdaq up 30, but s p 500 lower by 3 points this morning, last week the dow and seep 500 up third week in row nasdaq snapped two week winning streak being 2020 race on 106 days away fox news poll show Presumptive Democratic nominee joe biden holding a lead over President Trump the race is or anything kanye west hold First Campaign rally his comments causing controversy weve got them, plus weeklong look at instagram stars kicking off are you annoyed by things you see from passengers doing on flights todays guest Rolling Stones top 100 accounts after putting bare feet on youre seat dont miss it mornings with maria is live right now. Maria Global Markets this morning like this european indices mixed ft 100 down 30 cac quarante up 5 dax in germany higher by 62 points Cornerstone Macro telling clients, that eu policymakers have come to an agreement on Coronavirus Relief package attacking about 390 billion euros available as immigrants and another 750 billion made in low interest alones the markets nonetheless mixed, as you can see. In asia overnight markets mixed there as well although the rally continues, in china, after regulators raised cap what else will China Communist Party do to get investors in chinese stocks stock market up another 3 on shanghai composite, joining the conversation dag daishgs lee carter steve forbes. Great to see you. Great to be here. Good to see you, so top stories is that we are watching right now, this morning, the Trump Administration, along with congress to start negotiations, later today, on a fourth coronaviruss stimulative bill that package is expected to be talked about today 10 30 a. M. The president chief of staff meadows telling me yesterday on sunday morning futures, Senate Majority leader Mitch Mcconnell treasury secretary mnuchin others meet at white house this morning conscience Liability Protection for schools businesses some form of help for American Workers there are some people do not want another bill at all until the prior money already is allocated and spent, President Trump wants a payroll tax cut said would consider not signing any measure if that payroll tax cut is not in there, search for a killer is underway after a federal judge son is shot and killed, in her husband is left in Critical Condition, inside of their new jersey home, police say the gunman was dressed as a fedex driver visiting the home of u. S. District court judge esther solat fwib looking for a suspect this comes days after he was assigned to work a case linked to jeffrey epstein. Chaos breaking out in seattle, 12 Police Officers are hurt as riots hit city are protesters throw box bottles at officers one in hospital two people arrested the protest turned quarterly as rioters took to streets broke windows of amazon store looted business vandalize a Police Precinct police say they threw a device into the lobby nieth a fire no injuries reported in that precinct. Man intensifying, in Central FloridaThree Friends shot and killed on a fishing trip a 5,000 dollar reward is offered after Brandon Rollins doom i know, and kevin were found dead friday night police in polk county florida called by father of a victim he rushed to the scene after his son called him begging for help, he found his son barely alive other two men dead Police Believe more than one killer it is likely that the men knew murderers. Florida logged more than 10,000 coronavirus kids a in a day made it fifth day in a row for Sunshine State more than 80,000 confirmed cases reported just in the last week, the bahamas will close borders to u. S. Travelers beginning wednesday Country Acting Health minister citing spike in coronavirus cases for that decision reopening america certainly topics this morning spoken about dm washington governors local leaders grappling with plans to reopen or slow down again amid a major uptick in covid19 cases debate over going back to School Heating up President Trump ordering stiet local leaders to reopen schools or risk losing federal funding sunday morning futures white house a chief of staff mark meadows weighed in how we can reopen schools safely. You will see some new initiatives coming out this week as the president , is not only leading but will continue to lead step up in a 234u7 of fronts one of those you mentioned earlier, maria, is about our schools how are we going to open our schools and make sure, that moms and dads, dont have to worry about the safety, of our children they are going back to schools so there will be over 70 billion dollars, are with this president , has already authorized to work with congress, to try to make sure, that we not only keep the clams safe but the teachers safe and students safe and you will see a very broad five to six points in terms of what we will be coulding in terms of making sure that our schools are safe. Maria . Joining me right now former president ial ked former arkansas governor Fox News ContributorMike Huckabee governor always a pleasure to see you what do you think about that, opening schools, in the middle of all of this . Maria i think, the decision has to come down between what will happen what might happen if you know what will happen, and you are guaranteed that all these kids are going to get sick an easy decision but we are talking about what might happen, well there might be a bus accident on the way to skoob might be a tornado hit campus a School Shooting might be a lot of things, you cant close schools, based on all the things that might happen, so then you take every precaution to try to mitigate the problem. That is what i think the president is proposing to do, let me tell you what is happening as a result of School Closures kids getting further and further behind, it is disproportionately affecting poorers families single apparent families who dont have any way to look after children other than missing work, we know that the Distance Learning worked for a few kids did you tell didnt work for most parents werent prepared to deal with it schools werent prepared to deliver it when we start to talk about what is happening what will happen, if we keep the schools closed, we are going to lose may be at a whole generation of Young Americans who many be academically deficient may never catch up that is what has to be decided one i think the president is right to say if you are not going to open schools you are not going to get money if you buy the ticket you get to see movie if movie doesnt run you got to get refunded i think he is one hundred percent right about that. Especially since we understand, now, better that we have to live with this we are going to be living with this for sometime. Certainlin until a vaccine will that we this year next year . To keep kids just, you know, stuck at home, and learning a different way, is a big risk i agree with you this is all going to be part of the race for the white house as well. People are focused on how the president is leading versus what joe biden may do, biden ahead by smaller marginaling leadipoints, additional presidt trump leads moaning white voters regardless of College Degrees former Vice President leetdz among black americans 64 points his at antics by 30 minutes what do you think. I think the president has to get message out there, he has a done far more, far more, for black americans than any democrat president in in our lifetimes the announcement rate the sense of opportunity, cutting back on some of the very draconian criminal justice issues are disproportionately affected african americans, are there were many ways in which this president has great story to temperature four years ago said what have you got to lose . There were really higher level not great number but higher number of blacks voted for him i think if look at vote say this worked out better than when i used to vote for the guys who took me for granted what democrats have done promise the moon dont give them a even a picture of the moon when said and done. I thinking this president has to tell his story, has to be also done by a lot ofs surrogates i think that is what will happen. Lee carter . You know, i am curious you talked about folks most impacteded by school you you closures single models lower social economic people with less money under poverty line, and when you also look at some of the talks about impact on women wvr if you dont open schools set them back, for generations, this all issues when you look at polling, and donald trump doesnt seem the one that people view as where empathetic sympathetic, of these issues how do you think he can address this really important look at some policies that really is meant to lift people up supporting single families people underneath poverty line how would you advise him to try and sort of revarnish that image . I think that is a very important point to make, the president has got to show a level of compassion and concern has to speak in the language that really does speak, to women. And womens concerns clearly are safety for children, security. And also, for educational model that works they dont want to send kids to school if not going to learn dont want to keep them home if not learning for many it is an issue of nutrition i know hard for a lot of affluent americans to understand i led a state had a lot of poverty i am going to tell you there are a lot of kids who are champion only decent nutrition on a daily basis is School Breakfasts school lunch another democrat shouldaway in whether schools should open i think president can communicate that conflict of interest clarity two things i think stiemdz has been difficult, because the virus has been ambiguous i think the president s message, again, clarity, consistence, and compassion, three things let me adthird one compassion clarity consistency. Is really good point about the School Lunches as well governor great to see you this morning thank you so much, sir we appreciate your time governor Mike Huckabee joining us we will take a break when come walk kanye west what he said about some business relationships he has right now coming up instagram stars one top influencer tells us how he is composing to world to some outrageous she has seen on airplanes you are watching mornings with maria live on fox business. Got no destination thatd be perfect let me grab a pen and some paper. Know what . Im gonna switch now. Just need my desk. My chair. And my phone. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Maria welcome back kanye west spending out first 2020 Campaign Event touching on controversial issues business, and diversity at the top corporate america, watch. The board, and comes, that conversation, today. When or i walk away. The businesses made him rich Dagen Mcdowell what do you make of this. Dagen i dont want to to be a psychiatrist i hate when people do that i think something is wrong i hope the fact that Kim Kardashian has been silent, are about what is happening with her husband, he was kind of went after Harriet Tubman talking about abortion, and none of it in totality made sense i think the takeaway from everybody, online and around the country is that they are worried for him. Huh. Steve what do you think . Well he announced with forbes couple weeks ago running for president , then said he wasnt running for president now apparently he is running for president got on ballot o oklahoma may get on South Carolina dagen makes very point all over the place tariffing Harriet Tugman did not sit well with that crowd kanye west said she made slice ended up working for white people crowd scratching their heads she got him out of slavery. And the abortion thing was very emotional, and really resonated with me, all over the place, and, it is it is going to end up harming him if he doesnt focus on what he is trying to do. Maria yeah. Lee carter. He was all over the place all over the map the question is he able to get on any ballots is it a legitimate run by legitimate run i dont think he is going to win i am not sure how seriously you want to take it look at i racism some states 2016 talking about difference in thousands of votes, if he can he can pull a certain number of votes could be a spoiler, despite all of this, inskings seemingly backandforth could he have impact i am not going to say, as farfetched it might seem. Does he take votes do you think away from joe biden is that what you are saying why the spoiler . I do think he could, i dont think necessarily take votes from the president , the president s support is strong 75 those voting for President Trump are doing so enthusiastically one third of voters supporting joe biden so not a vote for joe biden they could be peeled off. That is fascinating actually, a break when we come back robots coming to restaurants looking at potential job impact the industry testing out use of artificial intelligence. We will go there, stay with u us. Experience the joy of a bigger world in a highlyconnected lexus vehicle at the golden opportunity sales event. Lease the 2020 es 350 for 359 a month for 36 months. Experience amazing at your lexus dealer. Experience amazing 49i found you good job. Now im gonna stay here and you go hide. Watch your favorites from anywhere in the house with the Xfinity Stream app. Free with your xfinity service. Now any room can be a tv room. Stream live tv, on demand shows and movies even your dvr recordings. Download the Xfinity Stream app today to stream the entertainment you love. Xfinity. The future of awesome. And my side super soft . With the sleep number 360 smart bed, on sale now, you can both adjust your comfort with your sleep number setting. So, can it help us fall asleep faster . Yes, by gently warming your feet. But can it help keep us asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. Will it help me keep up with him . Yep. So you can really promise better sleep . Not promise. Prove. Save 25 on the sleep number 360 c4 smart bed with any Smart Adjustable base. Plus 0 interest for 24 months. Ends monday. Maria welcome back. How about a Technology Takeover restaurants are turning to robots in places they cant use human employees, Lauren Simonetti with more on this, lauren. Good morning, everybody. Maria you have met the 30,000 dollar robot you said white castle to flip if he doesnt get sick he is germ free bred bot makess fresh baked bread in minutes no packaging, sally 35,000 dollar machine being used by universities, hospitals Grocery Stores to make fresh salad, resurrect the salad bar loss to the covid19. I think behavior has been changed significantly and approachable permanently for many consumers, in terms of especially he from open food bars buffets, too many touch points, time possibilities of spreading disease in those kind of you know food experiences. The ceo says demand more than quadrupled because of pandemic saving salad bar for commerce perhaps jeopardizing of livelihoods, 36 million jobs at high risk automation in United States highest in Accommodation Food Services 73 all jobs could be loss to the robots finds automation happens in bursts specifically after the economic shock humans being more expensive also harder to come by, remember, while some will replace human beings others will complement them and there will always, always, always be a need for human to create a robot to repair a robot, and to prepare the input for what the robot handles in sallys case the 22 fresh ingredients customers choose for salad, so as we talk about the disruption that coronavirus has caused, the new disruption is coming out of it is your job safe not because of the disease but because of robot takeover . Will unfortunately we were expecting robots to take over a lot of jobs, before covid and now it is obviously, accelerated this, in the face of this disease, and this sensitivity to touching things, great story lauren thank you Lauren Simonetti with the latest there, on robotics dagen. Dagen robots break you are going to need people step in when they fail i dont see, a lot of jobs going away any time soon, salad out of a vending machine who is going to chop up the the goods that are in the yummy things in the machine . So i am not sure how well that would work long run, but who knows . Okay, all right. Quick break then white house is debating more Slough Council economic advisories acting chairman is here live next as stimulus talks kick off with congress back in session, today. You outrageous behavior 35,000 feet one pop influencers on instagram tells us how she is exposing the world to some craziest behavior seen only on airplanes. Back in a moment. Maria welcome back. Good monday morning. Thanks for joining us. I am Maria Bartiromo. Monday, july 20th, take a look at markets 8 29 a. M. On the east coast, we are looking it is a mixed story one hour out to opening bell the dow industrials down 51 points, nasdaq up 25, s p is lower by 6, mixed market Congress Returns to washington today, with two weeks to make a deal on a fourth round of Coronavirus Relief. Before leaving again, futures searching for direction, ahead of that we will get news fai and tomorrow, in terms of of what is on the table for next relief package, investors waiting on results from a key vaccine study, could be a market mover as well Global Markets in the europe indices right now mixed with ft 100 down 35 cac quarante down nine, dax in germany higher up 42 points, Cornerstone Macro research telling us he investors that eu policymakers have come will to an agreement overnight on Coronavirus Relief package, they are talking about 446 billion dollars, made available as grants, while another 859 billion will be made low interest loons european indices mixed. In asia overnight mixed as well rally continues strong as ever in china, stocks in china rising after regulatory raised the cap how much ensures can invest in equities ccp wants a strong bull market it says the shanghai composite should a is up better than 3 , meanwhile, there is uber announcing aggressive plan to increase diversity, at Company Jackie deangelis with those details now. Good morning, maria. Uber saying it plans to double black leaders by 2025 as steps to up efforts to address racial inequality following dret of george floyd the company admitting that more work remains to be done, now uber will take steps to ensure pay equality, and introduce antiracism education inside the company and for drivers upport blackowned businesses. Taking a look at look at shares of ub uber down slightly 32. 50 Grocery Store winndixie wont implement a face mask mandate spokesperson said wont require coverings do would i dune friction between customers and employees winndixie has several hundred stores throughout south move as other major stoerlz retailers do require masks in order to shop. Here is a look what is trending this morning, on foxbusiness. Com a rare trading car frommed lebron james rookie season with cavs selling for 1. 8 Million Dollars at auction a study suggesting yard work can burn off competence weight put on during did coronavirus lockdown rockstar bon jovi sold his mansion 5,000 square foot home ocean views from nearly every room maria. Nice, thank you so much, the Trump Administration, along with congress, set to start negotiations today, are on a fourth Coronavirus Relief bill President Trump chief of staff mark meadows telling me yesterday on sunday morning futures Senate Majority leader Mitch Mcconnell trumps secretary Steven Mnuchin others meet at the white house this morning expected 10 30 a. M. Eastern consensus liblt protection for schools businesses along with some form of dilution help for American Workers there are some people do not wanted another stimulus bill at all until the prior money already allocated is spent, President Trump wants a payroll tax cut says play not sign a package if one is not included, joining me right now acting chairman white House Counsel economic advisers tyler great you to this morning thanks for joining us. Thanks very much for having me, maria. What do you think is most important, as a you look at growth, and you expect that we will at some point get back to normal . We know that liability shield is something that people are agreeing on, in terms of of as consensus what else is in terms of a consensus on both sides of the aisle that needs to be in in next bill . First of all, maria i would like to pay tribute to the late congressman lewis leadership in in civil rights will movement was certainly a true profile in courage, in terms of face forward what we are looking at closely is state of labor market, at the end of the day, the labor share of income is roughly 60 , and Household Spending accounts for 70 of the u. S. Economy so we simply will not see a full recovery in u. S. Economy until we see a full recovery in the u. S. Labor market. And certainly some o preliminary signs are quite encouraging we saw two success as you sayive months in a row blockbuster job gains may and june total 7. 5 million jobs are added that biggest on record, and exceeding expectations by almost 12 million. So, we certainly want to continue the strength of that recovery, in any phase forward discussions going to wanted to prioritize measures that continued to support that labor market recovery, rather than impede it. Maria so, so how important is that unemployment benefit 600 dollars a week from the federal government on top of state Unemployment Benefits, does that go away after january after july will 31st or are you expecting that some form of the federal unemployment benefit stays in place . Under current law, in the cares act scheduled to expire july 31st but we are in active negotiations with folks on the hill about some sort of new agreement moving forward, that strikes an optimal balance between income replacement on the one hand not disincentivizing return to work on the other, also, as you mentioned, president has number one priority of payroll tax cut i think there are a number aspects of the payroll tax cut that certainly recommend themselves to a phase four agreement that includes you first of all, supports takehome pay, second, it admit mitigates shock to cash flow particularly among Small Businesses third nefs hiring fourth disincentivizes severance of employer employee matches once matches are severed could be long term scarring as we witnessed in aftermath 2008 and 2009 it helps unemployed workers the best thing you can do is help unemployed workers is to help them get a job. Yeah, for sure, and i think it is important, that you focused on the labor market, but you just said, that there is an opportunity to replace some income 50 of incomer maybe 75 income. Does that mean that you would argue for perhaps 300 dollars Unemployment Benefits . From from federal level versus 600 . Or what . There are a lot of options here i dont want to get too far ahead of the process. However i would say that certainly even at 300 dollars you are going to have some workers who will face implicit tax raet in excess of one hundred percent returning to work so we definitely recommend looking exploring ways in which we could top up the stan state placement rate to something between 50 and one hundred percent so we dont have high implicit marginal the tax rates on return to work. A i sea, what is the biggest obstacle you face at this point in terms of getting something out . We, of course, see spikes across the country how are you dealing with this expectation, that, sure, the economy is is taking a step back, with these pauses in terms of reopening but, at the same time, we are seeing series fights across country worried about a second wave of coronavirus in the fall. Right, the number one threat to the continuing recovery of the uas it economy is the coronavirus. And i think it is important to bear a few things in mind fissile we have been conducting testing on a massive scale, and, therefore, we have observed change in composition of covidpositive with relatively less Vulnerable People very disproportionately accounting for new positives, i think in terms of the sustaining the recovery important we bear in mind there are relatively low cost things that we can continue to do, to attenuate the transmission of the disease, and protect the relatively more vulnerable population. Masks are a much less costly method for than shutdowns, in terms of attenuateing the transition of covid dollar also additional noun any one pharmaceutical, pro tebing with Nursing Homes longterm care facilities. 10 Nursing Homes in this country account for more than a fifth of covid fatalities, sources talking to me about 500 billion dollars, there, in terms of 500 billion dollars to proovent more furloughs is that in the cards in terms of money for the states . Well i think we are definitely analyzing, what the projected revenue shortfalls will be state and local levels, and weing be considering, along with counterparts in the department of Treasury National economic council, our friends on the hill, about what the appropriate package there is, to both support state and local governments as in their fight against covid19 also, to ensure there isnt the introduction of who areal hazard. We leave thrill watching developments thanks very much for being here. Thanks very much. Acting chairman nec, coming up taking on china tensions rising with Global Investor ray dalio had to say about china threat tough stance from the administration wait till you hear this he joined me yesterday, instagram biggest names we are taking a look at one influencer this morning trying to get followers booeb Better Airline passengers outrageous stories from 35,000 feet next you are watching mornings with maria live on fox business. Now is the time for a new bath from bath fitter. Every bath fitter bath is installed quickly, safely, and beautifully, with a lifetime warranty. Go from old to new. From worn to wow. The beautiful bath youve always wanted, done right, installed by one expert technician, all in one day. Weve been creating moments like these for 35 years, and were here to help you get started. Book your free virtual or inhome Design Consultation today. Maria welcome back a former Flight Attendant passenger shaming is the place to go on instagram to see peoples outrageous behavior traveling page named one of the top 100 best ininstagram accounts by Rolling Stone magazine the career of passenger shaming, it is great to have you this morning thanks for being here the tell us what inspired you to start this. I am a former Flight Attendant did it for about seven years i blogged 2007, like year 13 crazy behaviors i would see working was totally inspired me. So, once i did blog about i dont know maybe five, six years i ended up make it exclusively photographs, then became passenger shaming. I love it, so you are an inspired youve got best stories what are some worst things youve witnessed in the air . The i would say handsdown the worst thing that i witnessed was keep that in mind this is during a flight, and we were getting ready to land, you know maybe 20 minutes you know, on descent a gentleman went into front lavatory caught hair on fire smoking, lets say illegal substance. And that it was unfortunately, totally true traumatic hard, doing a whole worrying about fire on aircraft kind of like worst thing that could basically happen; right . Wording out. Did cap ip fill up with smoke how did you the alarm went off fire alarm in lavatory went off, and the thing was as far as the smell it was that heaviest smell burnt hair before so that i mean that is what smoke i approached got to lavatory, prior to that it wasnt the cabin filled with smoke just literally caught like this big section of hair on fire. Unbelievable, Dagen Mcdowell, on planes you probably have a list of stories yourself jump in here. Shawn covers my biggest pet peeve bare male foot families take shoes off too men like to take shoes off on plane stick bare feet on armrest between the seats so you look down and see some hairy uh unmanicured seat next to you that is but is there anything so gross that you couldnt post on instagram . Um well obviously, i mean, of course, there are some things that are not appropriate within service that i will say that ive had reports taken down before could in panic mode dont want to lose that entire account, i feel like there was something gross that i did, are post on there a lot to choose from over 1,000, i am on bare feet one hundred percent with you, male family dont kwair are who it is bare foot is not anywhere in aircraft, you are worried fine but please make sure they dont smell, and they are clean, and not up like here, and you know in my face, you know what i mean, just dagen one of my one of the best stories in family a giant bag of hardboiled eggs a woman brought on to a plane because you will never be able do eat an egg again,. I get it i have seen it, those there is quite a few photos of people that come on aircraft with ziploc baggy filled with hardboiled eggs time out take the breather. Dont chew gum throughout the plane as well, have you made money on this tell me about this how did you turn this into a business for yourself, to profit on instagram . Yeah, first of all, you know what i put in the time, as far as to having deal with the folks here on the aircraft, so you know, hey, there is that, but no, i am kidding, i as far as instagram you know the way it works obviously, there is advertising, partnerships all that fun stuff that is just a small portion of it. So you know, it also there is off shoots do i commercials video series whatever people would like, some form of expertise in there travel industry as former Flight Attendant, and you know with the whole passenger shaming movement but it is yeah, i am with you thinking about bare feet im sorry. Congratulations, i am going to be posting some of my own pictures on instagram later tie, to show you what i found on airplanes as well Shawn Kathleen come back soon thank you, following you on insta check out mine as well, taking on china tensions rising what Global Investor ray dalio has to say about china threat tough stance from the administration. Stay with us. Hey there people eligible for medicare. Gimme two minutes. And ill tell you some important things to know about medicare. First, it doesnt pay for everything. Say this pizza. [mmm pizza. ] is your part b medical expenses. This much about 80 percent. Medicare will pay for. Whats left. This slice here. Well. Thats on you. And thats where an aarp Medicare Supplement insurance plan, insured by unitedhealthcare Insurance Company comes in. This type of plan helps pay some of what medicare doesnt. And these are the only plans to carry the aarp endorsement. Thats because they meet their high standards of quality and service. 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It allows you to choose any doctor, who accepts medicare patients. And these are the only plans of their kind endorsed by aarp. Whew call unitedhealthcare today and ask for this free decision guide. The ultimate ambition of china rulers isnt to trade with the United States. It is to raid the United States. If you were an American Business leader, appeasing prc may bring short term rewarding but in the end the prcs goal is to replace you. Maria significant speech last week by attorney general william barr warning americans businesses with getting too close to china, collaborating with China Communist Party something you heard first on this program weeks ago Bridgewater Associates cochairman founder ray dalio joined me sunday on sunday morning futures discussing chinas economy investing in china competinging with one of the Worlds Largest economy super powers. I am just a practical man has studied history what is happening, now, is happened all through the history, there has always been the taking of ideas the british took, hired architects who took from the duplicity have dutch ship building an economic advantage it is a reality i think important to see that arc you a might Say Something stealing ideas that is right just a practicality in the world you dont have the same kind of ruled it is more a jungle you dont have laws a practicality we just say china is going to beat us should we just sit back say well, look this is a threat and that is it . Maria no. I think. No you have to see it for what it is deal with it, right in other words dont deal with it emotionally approach it like a chess game. Maria chess game continues, just after the interview him a Ap Capital Management kyle bass tweeted maria your show was great today minus ray dalios session next time he agrees to come on, do what no other journalist has done ask him how much the Chinese Government has invested in his funds, i believe they have been his biggest investor. Steve forbes i want you to weigh in on this important conversation obviously, this administration is coming on strong, warning companies not to collaborate with Chinese Government, what do you think about this . Well the key thing is the chinese have not been willing to obey the rules they have got to learn there isnt there is a price to pay for it i think this administration is moving forward with that, one of the key things, though, maria, is getting a coherent strategy dealing with china, such as doing more militarily in South China Sea make sure that remains international waters, shoring up our alliance west india not getting in trade disputes but deepening that alliance same thing with japan not withdrawing troops from south korea things like that in beijing signals weakness. But what about the intellectual property theft will they never stop steele steve . Look we saw way. Running the biology the Harvard Chemistry Department lobbied industries whether hedge funds, hollywood yes, that is why c you would containing murders like closing down con duious centers punishing individuals in companies doing it consistently. You make them pay for it. Maria hmm. All right, mornings with maria continues live on fox business right after this. In new ways. To new customers. What if you could come back stronger . Faster. Better. At comcast business, we want to help you not just bounce back. But bounce forward. Thats why were helping you stay ahead and adapt with a network you can count on, 24 7 support and Flexible Solutions that work wherever you are. Call or go online today. It would be for me to discover all of these things that i found through ancestry. I discovered my great aunt ruth signed up as a nursing cadet for world war ii. You see this scannedin, handwritten document. The most striking detail is her age. She was only 17. Knowing that she saw this thing happening and was brave enough to get involved and do something that was eye opening. Bring your Family History to life like never before. Get started for free at ancestry. Com maria thank you so much, dagen, lee, steve. Great show today. Thank you. Have a great day. Varney Company Begins right now. Stu, take it away. Stuart it sure does. Good morning, maria. Good morning, everyone. Im going to call them the crown jewels of American Business. Big tech. Microsoft, apple, amazon of this world. I will even include Companies Like tesla. Today, we start, what, a twoweek period, where we find out how well they have been doing in the virus era and how well they will do as we come out of it. Their earnings reports will move the market no matter whats going on with vaccines and new stimulus plans. Listen to this. Pfizer and biontech are working on a vaccine and