Maria welcome back. Good thursday morning. Thanks very much for joining us this morning. I am maria bartiromo. It is thursday, may 28 00 a. M. On the east coast, hope you are having a good thursday morning hot topic of the hour new economist kohl revealing nearly seven in 10 americans think our country out of control under President Biden 0 republicans 70 independents 48 examine democrats agree with that the top issue still inflation, 23 polls labeled it most important factor, all this during i dont think so antiisrael protests in American University campuses cops at ucla arrested protesters who refused to leave teared down plywood barrier kaidz walking protesters out in handcuffed. Todd look another scenes on your screen does this look like an america in control . No, this is an america out of control. And for those people say compare riots call what they are to what we saw summer of 2021 trump was president you are looking a at a calendar not the underlying reasons for those riots in summer of 2020. Those were because of democrat policies all occurred in democrat cities, so when you try to compare two the similarity shouldnt happen in america right now america is rotting at the head the head of america, is joseph robynet biden needs to speak about this get theyre control or reincomes hopes are gone come november this is bad or for our country. Maria he hasnt said a word how possibleseen heard biden say anything all universities dealing with thousands of protesters not a word on antisemitism across the country how that is possible. Todd i made joke earlier toxic led, i dont want my lead pipes toxic but at the end of the day maybe more important issue on our screens right now also talking about San Gabriel Mountains if you want to focus on california today where San Gabriel Mountains focus on ucla. Not too long after criticizing gas stoves one of those. Maria we had joe on yesterday lady gaga father Restaurant Owner in new york the headline he said i had to register growth grow the kind of costs changes that are being forced on small businesses. About freedoms we talk about this out of control they want to strip us of freedom more crime than ever border wide open Foreign Policy inflation reaccelerating the economy is slowing from a growth standpoint it is out of control why people are looking for alternatives to President Biden he is a complete noshow cant even get up lead the country and aspect to the issues we are facing, condemn lawlessness behavior like we are concerning people goelth fed up. Maria i think slip adlib when he told howard stern would debate trump. Never happen. Maria i agree never happen independent president ial candidate robert f. Kennedy, jr. , called on biden to take a no supervisorial pledge in october. This is pledge we are announcing i offered to take if President Biden also takes, both parties agree to cofounded 50 state poll 30,000 likely voters essentially effectively zero margin of error in october 2024 will test results of a headtohead race pitting President Biden against President Trump a second headtohead race me against President Trump, and myself pledge, whomever performs weak of the against President Trump in two man contest will drop out of the race. What do you think rebecca. Common sense, right . The number when you as you can about seven in 10 americans 48 examine democrats that say the country is out of control under a democratic president people do not listen to a ears look what is happening with eyes say you are lying i can see Grocery Store prices up almost 20 since you started i can see i cant go to my school even attend you are asking people to put menorahs away, jewish hiding, i mean this is lawlessness if you want this the continue continue with existing administration. Spoiler pledge. You know i love what he says, biden you cant win at it this stage given what is going on with cognitive lao he doesntlike elon musk chip in brain not happening. Did we hear from President Biden sundown, sundown . You dont. We havent, is am no doctor was premed for ten minutes you could be on to something maria bartiromo. Maria short break coming up 10 days since protesters erupted across the the country 10 days since weve had no direct word from President Biden. Instead white house he focusing on accepting palestinians with gaza as refugees tennessee senator Marsha Blackburn here with reaction dont miss that you are watching mornings with maria live on fox business. Stay with us. If your Business Needs a new application then developers will have to write code. A lot of code. If an application needs to be modernized then youll need time, resources. And caffeine. If this sounds daunting then use watsonx code assistant ai designed to multiply developer productivity so you can generate code quickly. Lets create a more modern foundation for business, with watsonx code assistant. Ibm. Lets create. Does President Biden want his administration to find out who is in protesters. I cannot speak to the organizations that are being reported on the ground. That is not something for me to speak to how does he spline how do you explain his silence this week. President has not been silent on this when it comes to hate speech antisemitism we called that out said not peacefully protesting peter doocy grilling Biden Administration why president remains missing in action today, day ten since last Public Statement on anything remotely near the situation, joining me tennessee senator Member Senate judiciary finance committees Marsha Blackburn senator black burn naifrngs for being here when you spoken with cabinet members or president in the middle of chaos. We have not heard one word, from anyone connected with this administration. And, maria, inappropriate for them, they should be standing up speaking out against this, they should be standing with israel they should be supporting the students. And the fact that these students cannot even get to class, and i have heard that they have put bracelets on hamas supporters so they can come anded go from class, but then the israel the jewish students do not have this. So this is a very dangerous time the president should speak out about this. He should stand against it we should make certain that they get a handle on this. Because the chaos the disruption and we know that youve got groups that are coming in from outside pushing this the one linked to the michigan protesters objective front age of actblue raising money some soros linked to organizations are supporting it. We have read in the Washington Times this morning, the popular front for liberation of palestine a terrorist connected organization, has met allegedly met with some stein organizers pushed this, this is very dangerous time hamas is a terrorist organization. Iran is who is funding a lot of this, this is not something that is going to contribute to public safety. This is all something that is a divisive, needs to stop right now. Senator youve been doing a lot of work on social media over the years, with your bills i want to ask you about that. Because i am being told that these antiisrael protesters are getting direction on social media. Whether tiktok, or you know, instagram talk to us about the online influenza for demonstrations where coming from i was told they are told to go to this building go to that school on social media. That is what we are hearing. We do not have a lot of confirmation around this seems organization directing students and outside agitators that are coming in that they are getting all of their direction, as to where to go from tiktok, from snapchat, from instagram social media pl. Z the social media platforms should be held to account 23u6 got someone promoting helpful harm terrorist activity, for goodness block them, dont let them on that platform. Yeah, right, that is right we want to keep following that angle of this i want your take on what the white house is mulling we are told the white house is now considering bringing some Palestinian Refugees into the United States from gaza. Cbs news reporting this, sr. , officials across several federal agencies discussed practicality of different options to resettle plags ukrainians from gaza may have immediate family members american citizens jordan egypt refused to accept egypt krooilting security concerns as the reason your thoughts . What we have to realize the reason the country is in neighborhood will not accept these palestinians is because these are the people, that elected hamas, to be their government, they do not want them. Now senator joni ernst is leading republicans to find out about this find out about vetting where they are planning to send them to find out what numbers are to get some of the detail because they have not had one word to say, to us, in the u. S. Senate about what their plans are maria, bear in mind the president has not spoken out against what is taking place on the College Campuses. For 10 days weve not heard from him then hear the leak going to bring people in Palestinian Refugees in here give them benefits, give them priority, and we do not know any of the vetting that would take place around this situation. I know youve written to ber eat doordash, you want answers why potentially in vetdz Illegal Migrants gaining access. This i will immigrants drivering to consumer doors without having undergone background check often not using real names delivers late into night compounding dangerous situation fun imaginable happened there would be little to no way to track immigrant or bring this many to justice tell us more. Yes what appears to be happening uber, doordash grubhub, some deliver entities individuals that work with them, are allowing people illegally in the country, of course, what appears to be happening are cartels are saying can be piggyback on your account we have someone deliver this we will split the money with you. So it is like people are working, more hours getting that split, and you have illegal aliens that are using this to work out their fee that they are paying the cartels to get in the country illegally, so then illegally working, on someone elses account and delivering food to individuals homes if you are a parent, working and you do uber eats or doordash deliver to get food to your children, who are at home, they open the door, it is a different car a different person, that food coming in the door, this is the danger of this. It is wrong. And these entities need to help us figure out what is happening with the individuals that have accounts delivery accounts with them. Correct me if im correct me if im wrong isnt it true white house giving illegal work permits. They are. This is for parolees the illegal that killed laken riley was paroled into the country given benefits one illegal work permit. Maria and uber eats doordash denied that that person laken rileys killer worked there so is companies denying he wording there i want to ask you about this huawei story that bloomberg is reporting this morning, huawei has secretly back theed u. S. Research awarded millions of dollars in prices working with harvard. Bloomberg writes Huawei TechnologyChinese Telecom giant blacklisted by United States secretly futureing Cutting Edge Research at american unfortunates including harvard huawei soum fundeer of competition awarded mills since inception in 2022 part of the contract apparently bloomberg read reviewed nonpublic document nonpublic document says foundation quote shall not be required to designate huawei as Funding Source or Program Sponsor of competition existence of this agreement between partly shall be confederater considered confidential information blacklisted Chinese Communist party key tool working harvard university. Yes huawei Surveillance Technology into hardware, one of the reasons we have tried to rip it out of not only the u. S. But also with our allies so that our Sensitive Data does not travel over their networks, the Chinese Communist party is determined to noodle their way into our research institutions, and to steal our intellectual property, we have known that, they have seen universities money hungry, some of their less Political Savvy professors have been cop opted adopt see china as adversary they see it as competitor so you have people like huawei who are trying to disguise what they are doing maria, we have shut down a lot of these confucius institutes, confucius classrooms, sister city programs so looking for other avenues of propaganda here you go, universities who dont have a backbone there are saying as long as disguised nobody knows about it we can do this. It is disgusting. Maria i know donald trump and mike pompeo had China Initiative in place, they were indicting people in fact sharing information with ccp President Biden he canceled that China Initiative when he started his term. Thank you, senator. That is right. You got sit Marsha Blackburn morning. Well be right back. Stay with us. Hello, ghostbusters. Its doug. We help people customize and save hundreds on Car Insurance with liberty mutual. We got a bit of a situation. [ metal groans] sure, i can hold. Liberty Liberty Liberty liberty in theaters now. When i was your age, we never had anything like this. What . Wifi . Wifi that works all over the house, even the basement. The basement. So i can finally throw that party. And invite shannon barnes. Dream do come true. Xfinity gives you reliable wifi with walltowall coverage on all your devices, even when everyone is online. Maybe well even get married one day. I wonder what i will be doing . Probably still living here with mom and dad. Fast reliable speeds right where you need them. Thats walltowall wifi with xfinity. Maria markets hire to look rally underway dow industrials up 174 nasdaq up 145. S p higher by 33 after Federal Reserve left Interest Rates unchanged at policy meeting yesterday take a look at Interest Rates pulling back 10year down 1 1 2 basis points sitting 4. 61 Federal Reserve left Interest Rates unchange sixth straight meeting yesterday also acknowledged lack of progress in inflation back down to congressional panic target the chairman jay powell giving for being on inflation yesterday. I think my expectation is that we will over the course of this year, see inflation move back down that is my my forecast. I think my confidence in that is lower than it was. Because of the data that weve seen. Joining me right now macromavens president he Stephanie Pomboy great to see you you to would me other day after gdp number out, we had growth 1. 6 you and i spoke after the number you said what is amazing to me that of the 1. 6 growth, 1. 2 of it was spending on healthcare, housing, and insurance so i thought wait a second that sounds like all inflation. Yeah, no, growth or inflation . This is the conundrum for the fed, the economy contrary to wall street perception not strong what is driving the economy any one Discretionary Spending all outages housing healthcare insurance, real disposable income was half the pace of total real spending so how are they sustaining this running down cards to keep up with rising cost of everything why i guess powell feels inflation situation is really sticky, proving more challenging for them, the journey from 9 to 3 was easy part, from 3 to 2 proving much harder than i think they expected it would be. Why . Well maybe tsunami spending. It might have something to do with fiscal stimulus you a look at the economy basically a death driven phenomena debt driven illusion when you look what is going on in terms of the consumer, and not very good illusion at that we put in, in 2023 we ieds 3 1 2 trillion dollars in debt. For that we got 1. 5 trillion in nominal gdp growth that is a pretty bad thing for the credit. Half of that 1. 5 trillion was inflation. So, you got 7 hundred billion real growth for 3. 5 trillion gdp this is the modelel why fed is in a strikey situation because weve got to keep debt growth expanding to continue to grow, economy needs its fuel in tank for the economy as rates move higher and higher costly of fuel goes up becomes very difficult to continue to move forward. And so they cant really raise rates, very far, because they need that growth, on the other hand they cant lower rates because inflation is still sticky so really in a tricky situation. Jobless claims momentarily in cheryl in a second i spoke with kansas are former kansas city president thommance hoenig ahead of fed decision tomorrows jobs report here is what he said. I think the economy is other than fed expected it to be the fiscal policy of infrastructure, inferring, the capital demands from private sector for technology, is stimulating economy even at Interest Rate of 5, 5. 3 on fed funds rate, that means real rates down job numbers only suggest that it is a very slow economy showing in fed anticipated slower than markets anticipated but also means you go bigger challenges ahead Banking Industry as i said fragile. What you said on stimulus different than what you said on economy waiting on jobless claims to cheryl. Cheryl so just quick we came in 208,000, if estimate for 212,000 looking at steady weektoweek number here continuing 1. 774 million just a slight bit lighter than expected i was really looking for productivity labor costs first quarter, and we actually came in you on you productivity 3. 2 less than expected but the cost anybody coming in,. 7 that is a lot less than expecting, as far as the economy, goes into tomorrow awokeing loor jobs for april you unemployment rate. Jobsless unchange stephanie. I think unemployment claims has issues with it stuck at this level a long, long time every day pick up a paper you see layoff announcements, eventually reflected a dynamic people intelligible for unemployment claims not taking advantage the result of stimulus too much money to state local governments that benefits handings out crucial assistance programs disability, et cetera, are much more generous than you can get on unemployment so a lot of people an effort taking advantage of unemployment so numbers may not be totally reflective what is going on in labor market the other thing when you look at report tomorrow payrolls come out there is a huge divergence between fulltime jobs and parttimer jobs every same youve seen part time jobs growing 7 1 2 yearoveryear, full time contracting down 1 1 2 when you see that divergence has been a recession signal not surprisingly i think companies saying trying to get people back to work not running out and cutting heads were going to chip away hours, give them less hours, eventual people say i made to a second job third job multiple jobholders near record highs part time jobs numbers soaring fulltime compliment accounts. Great point nancy lazar with you our base case remains second half recession raises joblessness cools incomes destroys demand team is inflation on sustained base basis but four trlgsdz in economy a bifurcated economy there what is next youve talked a lot about fed Balance Sheets that is the tool, that they are going to use that is what you heard yesterday. I think, hoenig pointed out concerned about Banking System request rates every day rates stay at they levels a problem for another corporate borrowerer at levels or consumer paying 23 on credit cards or banks unrealized losses sitting there almost 500 billion unrealized losses on balance sheet, last week we will see if this is beginning of a trend if so very scary deposits posted huge decline in banking if you have a situation where you are burning through cash o deposits starting to go down banks may have to revise unrevised losses a major problem i think Balance Sheets becomes important because fed selling treasurys mortgagebacked securities every month is exacerbating unrealized losses on Banking System books why i think they decided to have a more aggressive paper than they originally planned, i was disappointed none of the people in press pushed him how are you saying inflation is still a problem but youre accelerating the paper on balance sheet, you know it has same inflationary consequence. Great point that is. Conundrum. Great to have you thank you so much Stephanie Pomboy more breaking news from los angeles more arrests made on ucla campus as police dismantel protesters encampments more on thattan on the other side of this break. Stay with us. There are many ways to do things. At old dominion freight line, we do them this way. This way has people who start early. People who care and inspire each other to do things the way they should be done. This way uses technology and goes the extra mile to deliver your promises ontime, every time. This way is why were the Number One National ltl carrier for quality. For us, this way is the right way which is why its the only way we go. Every College President i say move encampments immediately take impact campuses they come from other countries are paid the police came in exactly two hours everything was over a beautiful thing to new yorks finest, they knocked it out they were issue incredible. I have come here today, from new york city where i am being forced to sit for days on end, in a kangaroo courtroom with a corrupt conflicted judge during a biden sideshow trial at the hands of marxist District Attorney but good news driven poll numbers higher than we had before people get it, it is a scam they get it maria former President Trump on campaign trail in wisconsin and michigan yesterday back in new york city courtroom today for more hush money trial judge merchan ruled trump violated gag order fining 9,000 dollars project jail time if he breaks gag order again Republic NationalCommittee Cochair lara trump great to see you. Thanks so much for being here. Thank you, maria great feedback with you. Maria a i start with protesters cops breaking up arresting antiisrael encampment on uthe cla campus we heard President Trump praise the police what is your reaction as we watch this across the country. What you heard from donald trump was leadership, law heard from donald trump was that there has to be consequences, when you have bad actors like 24 whenever preventing people from attending class thing tunes threatening americans, antisemitism out of Colleges Universities you need leadership weve a lack of leadership with joe biden has failed to address this in the way he should, as president of the United States. People are yearning for someone to come in lead this country that is what you heard from donald trump right there. As to what we saw last night, you know around all College Campuses it is about time. But we didnt need to wait this long the sort of thing turned criminals around the country they know consequences so few far between no fear for them to commit crime do things that step over a line, of our societal norms that i think goodness we have donald trump there at least praising has what is happening calling out what we should have seen happen a long time ago. Waiting to hear from President Biden about this seen heard a word about this from President Biden at least 10 days all takes place across our country, i want to get to your business at rnc, running the rnc you and rnc chairman ebb Michael Whatley vase a top priority ensuring Fair Election ken paxton joined me said Illegal Migrants could o end up voting in november. People coming, across the border on planes from all countries haiti venezuela, 30,000 a month placing them in florida, texas, other republican states i am convinced now that these people are not just voting in the future going to get Social Security numbers vote in United States so they can sure victory 46 states right now dont stop noncitizens from voting. Lara ag there is saying that when people come over the border or if being flown in by joe biden and company, they are being given voting forms and being given Social Security numbers. What are you doing at rnc to ensure transparent election lara. I i mean lets talk about the fact that what we just heard there is happening in america, that you have joe biden as you pointed out flying people illegally into this country. Why maria would you want people who are not american citizens, to have any ability to vote why get them here so quickly . Why would you want no voter id . In states across the country only one answer to this question you know you cant actually win an election on the democrat side of the aisle they have nothing to show for it this is as you pointed out our number one focus at rnc, we are focused more on Election Integrity than anything else because nothing else ultimately matters if we do not have secure transparent being elections we are not same country we thought we were, we have 81 lawsuits outright now, in 24 states around this country we are focusing on specific issues like this, to ensure that only american citizens are voting in these elections, we won a lawsuit in pennsylvania two weeks ago democrats in effort to make it easier to cheat wouldnt dating off mailin balloting we sued them won can apply that across the country every signing day an entire team at rnc focused solely on this issue, whether in florida, texas michigan pennsylvania wisconsin, we are watching every single thing not to mention, we want 100,000 people as Election Integrity team as we head into this election season chairman Michael Whatley and i talked about protect votecom if anyone wants to voluntary a he pole watcher work can be trained join us we can leave nothing to chance we have to face this, very differently than ever before because we know what other side is capable of doing one of the issues last time was the fact some states closed down said we will finish counting tomorrow do you have a vision in terms of how this election in november is going to play out . It is it election day, week or what . Well unfortunate right now we know we have election season early voting starts in september for most states, so not just one single day of voting i know, is yes, it would we can get back to it we have one day paper ballots voter id everywhere we teed to get through this election play hand we are dealt right now we have an election season, but what you are talking about, is exactly why we plan having attorneys, all major polling locations across the country we want wait to litigate something weeks after it happened, we need to strike at a moments notice we want people there on the ready, to hit things the ground running when they happen so we are never seeing 2020 happen ever again. Maria we know President Trump is basically spending all time in a courtroom how is it impacting the campaign do you feel he has enough time to meet with donors is he able to spend time with Campaign Staff how are you balancing that he is all day in a courtroom. Yeah. I i mean insane, obviously, this is by design no one is disillusioned by this we know what this is a goal is to keep donald trump trapped in a courtroom in manhattan unable to get on the campaign trail you saw yesterday he made two Campaign Stops wisconsin, michigan, you talked about it the top of this interview. That is how is going to have to do this many going to have to do the stops at places that joe biden and his wildest dreams could never do bodega visit in hare let me democrats never assumed is a guy like donald trump could get anyone let alon hundreds of people there cheering for him like last week union, contradiction workers 6 30 in the morning joe biden was asleep donald trump out there connecting with the people of this country what they are missing democrat side while they think theyre hurting donald trump every won see this is for what it is raising around a Million Dollars every day, that he is in that courtroom capitalizing on days out of court, he is working to make sure that we are looking at states that democrats never thought we would dream of, like new york, new jersey, wait for more of this because i think drives him crazy on the other side donald trump is legal battles mow affecting the family . Well, i mean sadly none of us surprised by any of this sort of got used to this stuff, i think incredible to see the stamina strength of my father in law a man i believe was made for such a time as this i dont think anyone else could withstand this every step of the way my husband eric in court with him to everything support him victory in november thanks very much for being here lara trump joining us today stay with us. Well be righte br back. Fo. And doing more to prevent recurrence. Verzenio is specifically for hrpositive, her2negative, nodepositive early Breast Cancer with a high chance of returning, as determined by your doctor when added to hormone therapy. Verzenio reduces the risk of recurrence versus hormone therapy alone. Diarrhea is common, may be severe, or cause dehydration or infection. At the first sign, call your doctor, start an antidiarrheal, and drink fluids. Before taking verzenio, tell your doctor about any fever, chills, or other signs of infection. Verzenio may cause low white blood cell counts, which may cause serious infection that can lead to death. Lifethreatening lung inflammation can occur. Tell your doctor about any new or worsening trouble breathing, cough, or chest pain. Serious liver problems can happen. Symptoms include fatigue, appetite loss, stomach pain, and bleeding or bruising. Blood clots that can lead to death have occurred. Tell your doctor if you have pain or swelling in your arms or legs, shortness of breath, chest pain and rapid breathing or heart rate, or if you are nursing, pregnant, or plan to be. Im focusing on what counts. Talk to your doctor about reducing your risk. Her uncles unhappy. Im sensing an underlying issue. Its tmobile. It started when we tried to get him under a new plan. But they they unexpectedly unraveled their price lock guarantee. Which has made him, a bit. Unruly. You called yourself the uncarrier. You sing about price lock on those commercials. the price lock, the price lock. so, if you could change the price, change the name its not a lock, i know a lock. So how can we undo the damage . We could all unsubscribe and switch to xfinity. Their connection is unreal. And we could all unexperience this whole session. Okay, thats uncalled for. Well bell treasury second janet yellen to arizona tomorrow to speak at Mccain Institute a warning about the quote economic dangers presented by january 6 style attacking on american you go institutions excerpt from her speech i believe democracy is critical to building sustaining a Strong Economy undercutting democracy he sustainable conclusive growth treasury secretaries real get political seems entirely thrill todd. When you have no economic record positivity to run on you ron on january 6 democracy, that is exactly where were seeing shocking coming from the treasury secretary. If she had some good Economic News in her arsenal like inflation, not going through the roof she would be focusing on that. Instead january 6 maria just trump is a threat to democracy, as a democrats try to take his name off the ballot mark try to pack the Supreme Court and sensor information from americans citizens. Mark assault on democracy, janet yellen has in arsenal treasure sen about training down between now and election to inject into the economy. Maria that is right rebecca. Look at trump, he lowered taxes wand people repatriate, joe biden comes in not only Inflation Reduction Act comrooen knew detail exist tax on stock buyback 7. 3 trillion 2025 budget increases that to 4 so please do not tell me that President Trump is worse for the economy than this president , his economic record is worse than jimmy carter give me are a break. Maria they keep trying to paint trump as bad guy in this environment everything more expensive. Mark who thinks life easier today than 201 eroded quality life. They wont people are paying with wallet. Maria stay with us. Well be right back. The all new godaddy airo helps you get your Business Online in minutes with the power of ai. With a perfect name, a great logo, and a beautiful website. Just start with a domain, a few clicks, and youre in business. Make now the future at godaddy. Com airo maria welcome back. All morning weve been watching the lapd dismantle Hillary Clinton israel protest on the campus of ucla. Mark tepper, your reaction. Kudos to the lapd for unmasking all these baffoons and then parading them in front of the cam as. You want to act a fool . Your face is out there permanently. I love that. Maria yeah, i also thinking was thats great. To that point, i spoke with, on my show, a Police Lieutenant who saidment expect them, to do this operation fully e in the daylight partly to protect the Police Officers safety, partially to make sure you get a full record so when theyre accused of abuse at the end of the day, you can say, hey, there was nothing. But to your point, you get to see their faces. Maria thats a great point, because this was going on at 2 a. M. , 1 a. M. , but the cops didnt move in until the sun came up. Rebecca. So smart. Weve gone so far, we need god to help this country. Maria yeah. Well, its certainly scary times across the country and the world right now. We are going to continue following if all of this. We have 30 minutes until the opening bell sounds for a authorize. Markets are higher on the fed news, dow up 190, nasdaq also up in the triple digit, and i want to thank you, mark, rebecca and todd, thank you so much for being here, great show is. Join us tomorrow. Ing have a good day,