It is extending its emergency Lending Program. Twoday meeting coming to a close today and fiery hearing on capitol hill between william barr and democrats. The hearing appeared to have more questions than answers at least that were allowed. Ag had a question of its own, how long will we let cities burn. Federal agents pulling out of seattle now. Other cities following on spike of violence. Gulleny giuliani this morning. Its all here right coming up. Markses this morning meanwhile look at this, fractional moves as stimulus uncertainty and economic hit companies are taking due to coronavirus, few losses on wall street yesterday, s p 500 up 7. Plus stores using facial recognition, what you need to know about information being gathered from your image. Mornings with maria is live right now. Global markets this morning are mixed, take a look at european indices with ftse 100 up 20 points, dax index lower by 15 points in germany. In asia overnight markets mostly higher, take a look, coronavirus cases rising in hong kong, hong kong leader carrie lam warning and shanghai composite in china up better than 2 . Gold still shining, working its way toward 2,000. Take a look at where we stand this morning up another 870 on the price of gold somee of the top stories that we are watching this morning, battle between next coronavirus stimulus relief plan is heating up. Democrat say the democrat plan does not go far enough. The two sides are negotiating, gop proposing check for americans making less than 75,000. Cutting federal unemployment bonus from 600 to 200. Democrats are looking for payments to go up to 6,000 and sparks flying on capitol hill as democrats spar with attorney general bill barr. Democrats grilled barr of civil unrest in portland. Barr fired back for turning blind eye on on going violence across the country. Federal courts are under attack, since when is it okay to try to burn down a federal court . If someone went down to beautiful courthouse we have at the bottom of the hill and starting breaking windows and fireworks and to start a fire and start fires in the court, is that okay . , is that okay now . Maria barr denying accusation that hes carrying out President Trumps political wishes, we have more coming up on that. The Trump Administration meanwhile will no longer accept new daca applications while it conduct legal review of the policy. Obamaera program shielding Illegal Immigrants brought as children follow deportation, the white house will renew existing protections for only one year instead of two , Supreme Court shut down efforts to program. Six states reported record of oneday deati warning that there are early sign it is coronavirus outbreak could be brewing in ohio, tennessee and kentucky. Big tech on the hot seat today. Ceos of apple, google will testify by video, expected to be grilled over growing influence and impact on competition. The testimony could help build public pressure for Government Action. In separate statements jeff bezos, Mark Zuckerberg and Sundar Pichai all emphasized competition their families face as well as contributions to the u. S. Economy. Take a look at bigtech stocks ahead of big show this morning as you can see they are higher across the board. Another big day for earnings, futures searching for direction as we await big names investors are weighing on boeing, general dynamics, all expected to report secondquarter rules before the opening bell this morning, we will have all the numbers when they hit the tape. Joining us business Dagen Mcdowell, real clear Politics White House reporter philip and Fox News Contributor scott martin. Great to see everybody this morning, thank you so much for being here. Hey, guys. Good morning. Maria bryce, let me kick it off with you. We are expected to hear from the Federal Reserve today after 2day meeting. What are your expectations from the fed. We know that rates are expected to stay at these levels until 2024, i believe. Yeah, when fed chair Jarome Powell is in press conference will talk about justification of poor state of the economy for why they are extending all of the Lending Programs and we think investors will essentially howl at powell today. It could be a dip. I get it, hes facing the harsh cold facts that things are really bad. He knows that schools will be reconvening soon. Hes looking out, you know, one or two quarters, theres probably another spike in coronavirus cases before a vaccine comes up but we are firmly by the vaccine, we are looking to take advantage of this, what i refer to howl powell trade today and we will see how that plays out. Thats kind of how we think the market will react to his comments this afternoon. Maria and, of course, the fedex tending the emergency Lending Program through december, emergency funds were set to expire in december. The stimulus keeps oncoming, does that affect what youre doing, bryce . It does. On the one hand you have bolstering of the economy and certainly helping corporations borrow money at extremely low rates, thats fantastic, they are doing everything they can and his message will be that they will continue to do whatever they can, whatever to get us over the hump and in doing so he talks about all of the things going on in the economy and we when you look at past six months, though, there can be incredibly rebound in the economy, people are waiting to get out and as soon as they feel safe at all, you will see a big pop. The treatments have been better and fatalities are down and i think we will be in better track, we like all of that and any time theres a dip we will take advantage of it. Maria well, you make a good point scott martin jump in here because larry kudlow told fox business that he says v. Shape economic recovery still enact despite coronavirus resurgence so he was looking, scott, for 20 growth story in the second half is what he told us last time kudlow joined us. Yeah, that would be awesome and its probably a delayed more than anything, probably thought we were going to get into the v just about now and looks like its a couple months out and something your point, bryce, whats your take as things start to accelerate as you noted in the fall and winter, do you think the feddizes off the stimulus kick and then we actually see, gosh, a steepening of the yield curve over time therefore helping the banks . I do, i grow that lets say theres a vaccine that comes out, theres a lot of hope, huge Market Reaction when that happens. And you want to take money off the table. Everything is going backwards, whatever bad for the economy ends up being good for the the markets because the fed will throw a ton of money in there and stimulus. Youre right, if it gets traction, that would good for banks, wouldnt be good for longer bonds and i think that theyll pull back on their Corporate Bonds for sure and Lending Program havent done a ton, that will probably lessen and itll be balancing act. Now the fed will not be quite as aggressive, so its almost like little bit of contrarian Economic News and volatility that we will see in the market is higher, higher than the last few years, so we think thats an opportunity, frankly. Maria bryce, great to have you this morning. We of course, will be watching the development, bryce doty joining us there. A lot coming up in the next hour oklahoma senator James Lankford to talk about the latest in the stimulus build and mysterious seeds in china ending up in americans mailboxes, Rudy Giuliani on growing unrest, we will take a look across the country, in 8 00 a. M. Hours chris coones, trump 2020 secretary hogan talking about race for the white house coming up. Plus who is watching you, one prominent pharmacy using technology for nearly a decade. All that and more programming note. Fox business will be covering todays Technology Hearing on capitol hill, you can watch it at noon eastern this morning live right here. Plus youve got questions, weve got answers, now segment ask the panel begins next month vend video questions to maria at foxbusiness. Com. You are watching mornings with maria live on fox business. Maria one point of contention on both sides of the aisle is funding for noncovid19 nonrelated items including new fbi building, President Trump weighed in yesterday. Its sort of semiirrelevant because democrats come with their needs and asks and the republicans go with theirs so we will be discussing it with mitch and all of the other people involved. We want to do whats best for the people. I want to do whats best for the people. I want to do whats best for the economy because that means jobs and lots of good things. Maria joining us right now House Financial ServicesCommittee Member texas congressman lance gooding. Whats most important in getting the economy back up and running and jobs as the president just referred to . Well, you know, this stimulus package negotiation has so far been a disaster. It started a little too late and we are now pushing up against deadlines. A lot of things expire at the end of the month which is 2 weeks away and we have to get the economy going, we cant continue to encourage people to stay home with excessively high unemployment, thats one of the top sticking points among republicans in the next package, 600dollar number needs to be brought down a bit. I think democrats privately agree with that because theyve not indicated that thats a red line. I believe they are willing to go down from the 600. Theres talk about stimulus payments, another round of the 1,200dollar protections for businesses and schools that are facing lawsuits, senator mcconnell said its a nonstarter that we cant get a bill passed if it doesnt have Liability Protections. I think we can get something this week. Im thinking this could go deep in august. I believe some time next week we would have a package. I believe its get done in the first week of august. Maria so why has it been such a disaster, because things got started late or the democrats are just pushing back on what you and your colleagues are coming up with . Well, the democrats were in a good position because two months they passed a massive bill, they left every far member of their caucus get whatever they wanted into the building and knew they had no chance of passing but they passed it so when we came up to deadline they could say, see, we passed something months ago and we are waiting for you all and things happened last minute on capitol hill, the negotiations on the republican side in the senate started last weekend but theres Division Among Republicans in the senate, theres not the sense of lets just swallow the bitter pill of gigantic bill and move forward. We are in the third and fourth round of this and theres less less excitement about growing the deficit by several trillions of dollars. Republicans myself included are prepared for nothing to pass if its going to be a bad bill. Maria right, understood. Philip, jump in here . You mentioned top line items, employment liability reforms, things of that nature. A lot of your republican colleagues in the senate are concerned about the size of the bill and you mentioned and do you think that your constituents back home are really concerned about an increase in spending right now . For instance, are they concerned whether or not funding for new fbi building is included or do they want to see something get to the finish line . I think they want to see something good get to finish line but they are concern about children and grandchildrens grandChildren Play paying for the bills. They say we realize we need to have something but the 600dollar figure is so high that we cant get some of our employees to come back to work because they make more money sitting at home. Maria that makes total yeah. And even privately agree with that, it makes no sense. Maria im sure, and when youre talking about 21 trillion in debt, yeah, you are going to have to attack this at some point. Now with rates where they are i can understand some people not seeing seeing seeingy but at some point you and your colleagues will have to come in with a plan to rein in the spend ing. Congressman, your reaction with oil prices at 41 this morning, what is the situation in terms of hour Energy Potential . Well, our Energy Potential is unlimited. The reason its so low because demand is low. We are in a crisis obviously but texas has been leading the way, the United States is in such a great position, because of President Trumps willingness to roll back ridiculous regulations from the obama years and ensure that we dont need to rely on middle east oil and we are in a great place in texas, the president is in midland today. I know he has fundraisers tonight. The president raised 5 million for Reelection Campaign tonight. People are enthusiastic about his race. I realized that polling today has the president down, the president realizes that but we are also 100 days out. If its one thing that every democrats and republicans can grow on anything can happen and no one should be surprised about anything in the final two months of the campaign season. Maria yeah. So do you think texas is is purple or is texas still red state, congressman . I think texas still a red state obviously the economy is down, people are worried about the future, our hope is that democrats pull all of the resources and ignore swing states because they think they have them locked down and pour money to texas, im confident President Trump will win big and that we will be moving forward in a good way. Maria and we will be watching, congressman, good to see you this morning, congressman lance gooden, coming up more than 100 Police Officers are backing down of Dnc Convention because of orders to prevent them from doing their jobs, the fallout next. D insights borne from over 130 years of successfully navigating economic turbulence. Giving you new clarity. Inspiring confidence. 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We believe in removing tools of chemicals pepper spray that Law Enforcement would have at disposal if protests become nonpeaceful would compromise the safety of the public and also the safety of Law Enforcement officer who is would be assigned to protect the dnc, Dagen Mcdowell your reaction. Dagen you take away tools from Police Officers and you prevent them from doing their jobs and that is protecting innocent people and preventing violence and that seems to be something that democrats quite frankly dont understand. So again because every protest, remember, its peaceful, the portland protests, those are peaceful demonstrators, seattle, thats peaceful unless peaceful is really a synonym for violence and unrest and looting and arson, but i want to point out that the democrats have stood behind violence. They have refused they have defended theres editorial in wall street journal that theyve defended disorder, that that abominations are fighting crime and enforcing the laws of the land, so what did they expect . I just raise the issue, maybe more federal authorities will be required to protect the dnc and wouldnt that be an irony of all ironies if more federal authorities have to come in to protect any of the democrats assembling in wisconsin because this is what theyve been pushing back because remember it was the feds going into portlan