Maria welcome back. Good friday morning, everybody. Im Maria Bartiromo thanks for being here. It is friday, august 18. 7 00 a. M. On the east coast. Time for the hot topic of the hour. House judiciary chairman jim jordan subpoenaed the Justice Department and fbi for documents showing conversations between the agencys private companies and other third party groups, allege showing big tech collusion. In a letter to ag merrick garland, jordan writes this, numerous documents that have been made publicly available reflect the weaponization of the federal governments power to censor speech online, directly and by proxy. It is necessary for congress to gauge the extent to which doj officials have coerced, pressured, worked with or relied upon social media and other Tech Companies to censor speech. Jordan demanding the agencies turn over response documents next month. Daniel, we know what happened here because of the release of the twitter files. We were told 1,000 people in government were wo
Connections between joe biden, and Hunter Bidens business deals, are in hunters long time Business Partner er ifshg schwerin visiting Obama White House joe bidens violental residence at least 36 times, between 2009 and 2016 that today is obviously a lot more than anybody thought, the president of the Government Accountability Institute Peter schweizer joined me on sunday morning futures said schwerin was in control of bidens money he is going to inform the Judiciary Committee, when he speaks, watch this. I would have next shoe that may drop, is there is another individual involved with the hunter biden named Eric Schwerin moved money around based on hunter biden laptop schwerin had access not only to Hunter Bidens accounts but also joe bidens accounts. Maria so congressman, Eric Schwerin going to testify in jim jordans committee in september, is this going to be something that many inform even further is this an important piece of this puzzle . I think going to solidify what we already
President biden answered a Big Question Last Night in the state of Union Address. Does he want to unite america as he promised the last go around . The answer was a resounding no. Some are calling the speech a Campaign Rally and political theater. It was attack after attack on the Republican Party and pure hate for donald trump. At least he tried to say laken rileys name after heckling to get him to say it. Im harris faulkner. Are you in faulkner focus. Biden laid into former President Trump from start to finish, 13 times. Never said his name though. President My Pr Predecessor failed the most basic duty, the duty to care. Thats unforgivable. My predecessor tells putin do whatever the hell you want. Thats a quote. My team began serious negotiations with a Bipartisan Group of senators. The result was a bipartisan bill with the toughest set of security we have seen. You dont think so . Oh, you dont liking that bill, huh. My predecessor is watching, instead of playing politics, blocking t
Debt relatively constant sieve to gdp is unsustainable. Approaching the beast of the line where its clear he lied to the American People fairly politically. Its going to be a much closer run thing than it out to be. Ought to be. Some areas and they want them to see the truth. Stuart dancing in the moon. No, dancing in the moonlight. I love it. Thats a good one. I dont often like the music we play but i like that one. Its a happy tone. Monday morning in new york city. Lets enjoy it and sports fans away we go. The dow industrial is up 300 points and up 22 and the nasdaq real laggard today and down just a couple of points and that follows last weeks declines and show me big tech. How are they doing this morning . Not bad. Not bad. Alphabet, amazon, microsoft, meta all up. Look at that, apple is the loser on that list and apple is down to 177. How about that, down 4. 2. 25 . 10 year treasury yield has been moving up and its up 409 this morning. Thats the markets. Monday morning markets. No
Since june. We are looking at a pullback this tuesday morning. Dow industrials down 150 right now, nasdaq down 63, and s p 500 lower by 19. Markets on the move as they await key inflation data, the july cpi is out on thursday, the pp be i out on friday. Congress remains on recess this week. Oil prices, the big story in markets this morning, take a look. Prices jumping to 10 week highs yesterday after saudi arabia extended production cuts for moanother month, setting off investor alarms over when a rescission might hit. Crude oil sits at 81. 71, down 1. 5 this morning. European markets also in the red, take a look. Weve got the european indices down across the board, italy announcing a surprise windfall tax, the ft 100 down 32, cac quarante down 50. Asia overnight markets finished mostly lower, hong kong was down about 1. 8 overnight. That the biggest mover on the averages. The nikkei average in japan eeking out a gain. The hang sang down better than 1 andahalf percent. The judge in Pre