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tv   Mornings With Maria Bartiromo  FOX Business  May 9, 2024 8:00am-9:01am EDT

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being a longer cross-examination if after the judge admitted parts of her testimony were, or quoteer relevant details ott case. james comer e and jim jordan are urging the doj to investigate ex-trump lawyer michael cohen. they write this letter, quote, now a popularly-elected, partisan prosecutor is using this convicted liar to carry out his prosecution of a former president. jonathan fahey, your reaction. >> yeah, this trial is even, i think, worse than people thought, and everyone thought this would going to be bad. it really is a disaster for alvin bragg right now. and you look at, like, stormy daniels' testimony, you know, she had the multiple inconsistent statements one thing, but just sort of the unseemliness and the bias against president trump. you know, she wants him to go to jail. that's not an ideal witness for the government. if you were to look at this trial objectively, if you didn't know who the parties were, you
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would think donald trump is a victim of all of these schemes to get money from him because that's all this trial has shown. and it also, it's just so amazing that this is what the new york d.a. is focusing his times on, you know? the city in part is on fire, and, you know, these juror withs on the way to the courthouse have to worry about getting thrown in front of a subwaying and they know that person wouldn't get prosecuted. but somebody who maybe had an incorrect entry on their books eight a years ago about something that happened 18 years ago or 16 years ago, it's truly remarkable. maria: it really is remarkable. and, you know, stormy daniels' testimony the ore o'day, monica -- the other day, monica, certainly creative, certainly salacious. but not a lot of relevance to business records. >> zero relevance -- [laughter] to the actual case at hand and, frankly, there is no case. donald trump doesn't do anything wrong, he didn't break any laws, so they manufactured this case out of thin air. and then they called her simply
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to deliver this kind of salacious stuff, to tray to humiliate president trump. she's not relevant to the case as all. you think back to bill clinton and the bimbo eruptions over many years with regard to him, president clinton paid paula jones $850,000 to go away. maria: wow. >> and yet democrats had no problem with that, they claimed it was his personal life and everything else, and here they've actually manufactured a case to try to get a conviction for donald trump so they can say joe biden is running against a convicted felon. i don't think the american people are buying this -- maria: that's a great point if. >> his poll numbers have only gone up, not down. maria: well, he's winning in seven swing states right now. >> yeah, he's kicking butt. kicking butt and taking names. to your point, if you think about this stormy if daniels thing, the left views her as a hero. maria: yes. >> they viewed monica lewinsky and paula jones with as villains. maria: wow, great point. >> and alvin bragg in
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particular, this is a guy who with 512% of felonies -- 52% of felonies dropped them to misdemeanors, and he's now elevate ising what potentially could be a bookkeeping misdemeanor to a felony. like, how back bards -- backwards is that? maria: yeah. a georgia appeals court has agreed the hear former president trump's bid to have fulton county d.a. fani willis disqualified from that case of. some legal experts argue there's no chance the georgia election interference case will go to trial before november, increasingly we see what's happening with all these trials, delay, delay, delay, monica. >> yeah. the lawfare is certainly falling apart because there are no cases here. remember the russia hoax, maria? you've covered this now for years. they tried to end sin wait some kind of -- insinuate some kind of collusion between president trump and the kremlin, vladimir putin temperature it was all a -- putin, it was all a lie. now we have actual collusion between the biden white house,
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doj, merrick garland, lisa monaco and all of these soros d.a.s and jack smith, there's actual collusion going on to try to railroad president trump. the good news is the rule of law still has some sway in america, and these cases are falling apart because there's nothing -- maria: yeah. i wonder -- it's a good point that you make, because i wonder how much of an issue this, quote-unquote, coordination will be. because we know a that that fani willis and letitia james and a lot of these da.s actually met with white house counsel. >> yes, kamala harris -- maria: and they met with kamala harris. can you have these meetings? michael coangelo used to work with the d.a.. did they coordinate with joe biden months before? >> well, yeah. and now we're getting more and more evidence of that with where you have fani willis actually going to the white house, meeting with kamala harris, meeting with top doc officials including the attorney general and his number two, lisa monaco. we have this evidence now, it's i all a coming out. and, again, this is why i think
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you see president trump being strengthened by this in the poll numbers including in the swing states because with people see this for the stalin-etc. ing fraud that it is -- stalin-esque fraud that it is. more more jonathan the, you're a former federal prosecutor. how do you see it? >> you really see all of this intertwined, particularly coangelo going from number three at d.a. to -- at the doj to alvin bragg's office -- maria: how many times do you see that, a number three person at the department of justice going to the manhattan can d.a.'s office? >> i've never heard of a move like that. it's normally from state to federal prosecutors. i'd love to know, is he doing any other cases other than that? and i think another interesting thing is they're trying to say, the government, that these cases are not political, but they are fighting like dogs to get them tried before the november election. if they weren't politics, why would they care? normally these cases, you know, the typical life cycle of a
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case, there are continuances and there's nothing unusual, and they are fighting so hard. all of this really stinks, and it e seems like the only one that's going to go to trial is the current one with, and it seems like everything else is getting pushed beyond the election, at least the way things are shaping up now. maria: they sat on all the charges or, you know, these expectations of charges for hunter biden for years, right in. [laughter] and they're, like, gotta get this done now. >> look, you look at these different cases, the hush money case which is dependent on testimony from two people who lack credibility, you've got the classified documents case which implies that president trump mishandled class satisfied documents, then you -- classified documents, then you find out jack smith mishandled them and lied about it -- maria: that's right. >> and you've got the election interference case where you've got fani willis, nathan wade and their affair if murkinging things up. and nathan wading before he was assigned as special prosecutor in that case, what was his track
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record before that? did he have any experience in high-level criminal prosecution? he didn't. maria: unbelievable. we've got so much to talk about this morning. we're just getting started this hour. stay with us, we'll slip in a break and then president biden confirming that he will not send weapons to israel if they go into rafah, something they are planning to do. armed services committee member, iowa senator joni ernst is here with reaction to that. you're watching "mornings with maria" live on fox business. stay with us. ♪ i'll spread my wigs and i'll learn how to fly -- ♪ i'll do what it takes til i touch the sky ♪ and i'll make a wish, take a chance, make a change -- ♪ and break away ♪ the fence. daughter: it's a lot of fence. dad: you wanna help me? dad: aim at the wall, but get closer. daughter: (gasps) what the?! daughter: alright. dad: side to side. when you work with someone who knows a lot and cares even more... you can do this. ...you're unstoppable.
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>> civilians have been killed in gaza as a consequence of those bombs and other ways in which they go after population centers. i made it clear that if they go
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into rafah -- they haven't yet -- if they go into rafah, i'm not supplying the weapons that have been used historically to deal with rafah. we're going to continue to make sure israel is secure in terms of iron dome and they're going to respond to attacks, we're not going to supply the weapons and artillery shells used. maria: wow. hamas must be happy at president biden's e response. that was the president where yesterday warning he will withhold weapons to israel if prime minister benjamin netanyahu launches a major invasion of rafah. the u.s. already paused a shipment of bombs to israel last week over rafah concerns. joining me now is senate armed services committee member, iowa senator joni ernst. senator, thanks very much for being here. i know you just returned from a trip to israel. while there you received reports that the u.s. withheld an ammunition shipment. what can you tell us? >> yes. and, maria, this is absolutely
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unacceptable. we are israel's friend and ally. they are our closest ally in the middle east. they are a democratic nation. we should not be micromanaging how they run the war. senator ted budd and i were traveling through the middle east, and we were in israel when we received media reports that president biden was going to withhold necessary munitions and weapons from the israelis. we -- have we forgotten, maria, that hamas is the enemy, not israel? so we cannot forget what happened on october 7. th. hamas perpetrated horrible acts of violence against innocent civilians in israel. israel is defending itself, it's going after the terrorists, and what we see from president biden, again, is absolutely unacceptable. finish. maria: well, i mean, you know, "the wall street journal" writes in its clearest public rebuick
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to date of -- rebuke of israel's war in gaza, the white house said it had halted a shipment of bombs to israel and is reviewing other proposed arms deals hoping to force israel to rethink this military assault on rafah. i mean, everything you just said about hamas, about october 7th, do you think the president if does not share that sentiment? >> well, i wonder what the president is thinking. i honestly don't know. he has stated that he had an ironclad commitment to israel. well, obviously that's false. he has lied to the american people, he has a lied to the israelis, and i would say that he absolutely is siding with the terrorists in this case. he can't deny it. we know that these weapons would be intent on destroying hamas and liberating the people of israel. and yet he's blocking the shipment of those weapons and
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munitions, so who knows what he's thinking. maria: characterize how important this shipment of weapons is. is this a win or lose decision here in terms of israel? because what the administration has said is that we are concerned about how the weapons would be used in urban areas of gaza. now, i don't know that i've seen another country be as a transparent as israel during all of this. they send, you know, fliers out telling people to leave the area, we're about to have a disruption, we're about to, you know, have aen conflict. they've warned people to get out of the way. so how important are these weapons to israel in its fight to destroy the terrorists? >> well, and, maria, to your with point, israel has gone out of its way to make sure that innocent civilians have the opportunity to leave those danger zones. these weapons are important because they are precision munitions. this allows the israelis to
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actually target hamas precisely so that they are not injuring and taking the lives of those innocent civilians. so if anything, it's very important that the israel get these precision-guided munitions to make sure that there isless of a loss of innocent life. so i can't understand where president biden is coming from other than to appease hamas. but even more than these munitions, maria with, is the message that president biden is not only sending to our friends and allies, the israelis, but also a message that he is sending to the world. what he is saying out there is it's okay to appease if iran, it's okay to appease if terrorist organizations. he is saying that the united states is not going to stand with our friends and allies, he is going to micromanage how
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every war is run around this globe. i think it is absolutely abhorrent, what this administration is doing. maria: well -- >> we need the stand for peace and freedom, and that will never be achieved when you're appeasing terrorists. maria: i mean, anti-semitism the seems to be raging across the country again with all of these college campus protests going on. do you think maybe this is his response to them? he's speaking to finish. >> oh, absolutely. maria: -- and he wants their vote? a new "usa today"/suffolk university poll finds 32 of democrats support the anti-israel protests. 38% say they agree with the protesters' demands, but they oppose the way they're conducting themselves compared to 81% of republicans who oppose the won in straights. house republicans -- the republicans. any person convicted of illegal activity on college campuses, a bill proposed would send them to gaza for six months. [laughter] the bill specifically targets
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any if unlawful activity on college campuses after the october 7th attack. senator, what's your reaction to that? i mean, have we heard from the president about the fact that so many of the people involved in these protests are actually outside agitators, that they're, in fact -- >> exactly. maria: -- not students? >> exactly, mafia with. they are not -- maria. they are not all students at these universities. but i would say that these elite liberal universities really need to step up and combat anti-semitism. they need to put down these illegal protests. i mean, there are ways to peacefully protest. that is allowed by our first amendment right. we have the right to peacefully protest. we do not have the right to destroy other people's property. we do not have the right to commit violent acts against someone else. maria: yeah. >> so, yes, folks, the hate speech is protected, the violence and destruction is not.
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maria: but whiled, why would -- why would they follow those rules, senator, when you have the commander in chief in the white house threatening israel? >> oh, exactly, exactly. maria: is he sending a message to them, keep going? >> maria, he is sending a message. and this president is an absolute disaster. the world is falling apart because there is no strong american leadershipful -- leadership. if we are certainly losing our role as those who will go forward and defend our values, the freedoms around the world. this president is a disaster. but yet these students, these protesters are taking a page out of the biden playbook and, you know what? they've got to go. and thank heavens there are some leaders, we look to the university of florida, leaders like ben with sass that are putting -- ben sasse that are putting down those types of violent protest where they are destroying property. there are the some people that are doing the right thing. we need to look to their
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leadership, not president biden's. maria: all right. senator, we'll be watching. thanks very much for being here this morning. >> you bet, thank you. maria: quick break and then one fed president warning it may take longer to reach the fed's 2% inflation goal. chief global strategist jay woods is here with reaction. you're watching "mornings with maria" live on fox business. we'll be right back. ♪ your love is my love, my love is your love. ♪ my love is here to stay ♪
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to save up to $830 off an eligible 5g phone when you switch to comcast business mobile. don't wait! call, click or visit an xfinity store today. maria: welcome back. another busy week of first quarter earnings, warner brothers miss on revenue, $9.6 billion, but it also added 32 million subscribers, teaming up with disney to bundle disney+, hulu and max. meanwhile, airbnb reported an 18% increase in revenue to over $2 billion. it predicted weak second quarter guiden. robinhood's net income rose to -- 117 million, and the company's crypto revenue surged
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to $126 million. let's take a look at arm, the u.k. chip maker's full-year revenue if forecast missed expectations. the company's cfo said the timing of the company's licensing deals will be, or quote, hard to pin down, and it is impacting guidance. joining us now is jay woods. good to see you. >> good to see you. maria: what is your reaction to earnings so far? >> well, reaction to earnings has been mixed, but earnings overall, we're seeing growth, so that's solid. what we're focused on is that guidance, and we're seeing a shift in the consumer habits. we saw it with starbucks and then we saw it with bros. that coffee shop did well, consumers are shifting their habits, and now we talk about airbnb. their guidance was a little off. numbers were great, but people are pulling back, and we're seeing haves and have nots. look at the air airlines. united, great quarter, they expect greaten seasonal a growth, but the smaller airlines are not. so the consumer's getting a little picky. the bigger names, they continue to grow. when we do well, we're not
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taking that next leg higher, that has me concerned over the near term, but it's been a stock by stock story. maria: yeah. nancy lazar calls it a bifurcated economy right now. >> actually citigroup's ceo jane phrase said we're looking at a k-shaped consumer where the affluent consumer is still fend spending, but lower income consumers have is pulled back -- maria: exactly. >> but when you look at the weak guidance coming out of airbnb or the airline, it makes me wonder if maybe the high higher income consumer is starting to pulmoback as a well. i'd love to get your take on that. >> i don't think we see it just yet, but you would think we we would pull back on all a fronts. mcdonald's is a great example where they're lowering, we saw, you know, them worry about what's going on on the low end but shake shack had a great quarter. >> yeah. >> so it hasn't really taken full effect.
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but inflationary concerns are causing the consumer to pull back. it's happening gradually, and we're seeing it in some of those smaller stocks, smaller income-related stocks. let's watch walmart next week. maria: that's a biggie, and then the week after a nvidia. >> that's the super bowl. maria: i'm wondering if, in fact, we haven't even felt the true impact of 11 rate hikes. what do you think, monica? >> yeah. no, there's always a lag time finish. maria: yeah, exactly. >> in either direction there's always a lag time for the taj consumer to catch up to it as well. do you think, jay, that the fed is going to take any if kind of interest rate alaska before the election? i mean -- action before the election? they're so sensitive to the politics of this. they can't cut rates now, and i guess raising rate is the off the table at least through the end of the year. once you hit labor day, they really can't take any action, can they? >> you would think they couldn't, and i always said if they didn't do it before june then, yes, the politics come into play. but i don't think it's off the
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table with powell. he is, you know, he got unemployment day that that finally went in their direction a little more towards the soft landing narrative. let's see what the cpi brings in. we've had three upticks, but it's still overall trending lower in the last 9, 12 months. if that ticks lower, then you're going to hear chatter maybe september. if not november. election day is the meeting then. then maybe he cuts. i still think he wants to get it to 5%. he just needs a little more data on his side to do it, and he'll claim it's not political, it's just the way the rates are are going. maria: take a look at this, the british pound after the bank of england announced it is leaving interest rates unchanged at 5.25%. this is the seventh consecutive meeting where rates are unchanged and the pound moving fractionally. 101-year treasury yield, meanwhile, bigger moves there -- 10-year -- off almost 2 basis points, 4.50% after the boston federal reserve president, susan collins, signaled rates need to be higher for longer.
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she said the recent upward surprises to activity and inflation suggest the likely need to keep policy at its current level until we have greater confidence that inflation is moving sustainably toward 32%. jay, i don't know -- 2%. i don't know if you were those believes in six rate cuts -- >> i don't know where that number ever came from. i was in the two, maybe three camp can at the beginning -- can. maria: and now where? >> maybe one by the end of the year because i really think he wants to do it more than anything else -- [laughter] and he keeps being with, has that dove everybody narrative. so if we see it tick down in cpi, ppi, it may open the door. i think 5% is the target by just the election, tend of the year. but as far as what you mentioned, the 10 year has been driving the bus, and and in this higher for longer narrative is being digested by the market. the markets continue to churn. they're not at all-time highs, but they're just off i think 11.5% from -- 1.55% from the from a few new high in the s&p 500. begin the fact that the 10-year got up to 4.7%, it held and new
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we're at 4.5 president, going a little higher, and the s&p 500's at 5100, last time we were at 4.5% to the upside, we were trading around 4600. so the market is digesting this higher for longer narrative. it is becoming the new normal for older people like -- well, maybe not -- >> i'm getting up there. [laughter] >> we remember this is still cheap in the long them -- term, but the market is take it in stride. the small caps continue to suffer. they've had a nice run, i don't expect it to continue much longer over the near term with, you know, 4.5 and climbing back. but overall, we're handling things okay. maria: all right. so next week you're watching walmart. >> of course. maria: the following week you're watching nvidia. how do you want to allocate capital going into those important earnings? >> i think nvidia's a stock you have to be in for the long term. will it react over the short term? that's the question. if they don't give a super guide, and even if they do,
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remember last year it went flat for six months after phenomenal earnings? i don't know if it will have the momentum to take us higher given seasonal patterns, given the fact that other stocks, arm today didn't really lift the semiconductor space -- maria: stock is down 8% right now. >> i know. well, arm, yeah, they had a phenomenal guide last time, a little short squeeze on top of it, and now it's gotten back to, i think, a fair value, 90 to-100 should be where arm should settle in. but next week cpi and nvidia can move the market. will they be a catalyst and take us to new highs? i don't think so. i think we're going to be churning for a little while, and sometimes that's not a bad thing. maria: all right. jay, great to get your insight. >> always good to be with you. maria: quick break and then coming up, the 2024 election right around the corner. we are zeroing in on that. we'll get the state of the senate races as a well. why most gop candidates are trailing their democrat opponents in fund raising. of montana senator steve daines is here with more on that. you're watching "mornings with
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maria: welcome back. well, first son hunter biden under fire for his proximity to the biden administration if while being investigated for tax fraud. cheryl casone with the details. >> maria, federal prosecutors not mincing words in the tax fraud case against first son hunt or or biden. members of david weiss' office accusing him of organizing a stunt to delay his trial. the 54-year-old biden once again trying to get the case against him thrown out, accused of failing to pay at least $1.4
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million in federal income taxes from 2016-2019. that trial is set the begin on june 20th. meanwhile, administration officials reportedly questioning why hunter was anywhere near the white house as he dealt with numerous legal issues. the telegraph obtaining heavily redacted e-mails which shows administration if officials expressed concern. one message to stacy thompson, state department director, shows an unnamed official writing, quote, why is hunter biden anywhere near this administration ever? well, a group of migrants in denver has a long list of demands for the city as overnight they were finally moved from outdoor encampments into city shelters. earlier they were enacting several tent camps. they say they'll go to shelters, but they want to cock their owned food with culturally important ingreed yet, they want work permits, free legal representation, they want school busing for all the kids. they also want all of this in writing. finish advocates are the ones pushing this. watch.
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>> there have been so many complaints about them being spoiled or not being enough and malnutrition amongst children. they're not receiving any kind of official housing or immigration document support. >> all right. so the migrants also demanding visits from doctors to the shelters on a regular basis, and they want referral for specialty health care needs that they may have. general motors announcing that after 60 years it's no locker going to manufacture and sell the iconic chevy malibu so the car maker can focus on electric vehicles. they've sold more than 10 million since 1963. the final car's going to roll off the assembly line at the end of november. taking a look at the stock in the premarket, shares of gm are slightly higher. and finally the boston bruins and florida pan if they ares facing off haas night in game two of the stanley cup playoffs, and things got a little heated. >> off the bench. >> still wants that even after
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the officials have gotten in between. >> yeah, he's not happy. >> the boston player says he's not afraid, and the florida panthers ended up taking home the win 6-1. >> shorthanded. driving front if, score! [cheers and applause] a shorthanded goal tipped in! >> but that last goal started another fight between the two teams, all right? and then fans decided to jump in. they started throwing fake rats out on the ice. the two teams are going to meet again on sunday. i'm not a hockey person. can someone explain this to me? the fake rats and also, like, why is there so much fighting? >> hockey fights are excellent. [laughter] you know, when you talk about professional sports, matt just mentioned baseball fights, one of the best fights of all time is when nolan ryan hit robin ventura with a pitch of the chicago white sox at the time. ventura charged the mound, nolan
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ryan put him in a head lock and hut a whupping on that boy. [laughter] >> i can't top that, so -- [laughter] maria: meanwhile, president biden focus on the economy now with the election less than six months away. he was campaigning in wisconsin yesterday announce a $3.3 billion investment from microsoft to build a new artificial intelligence facility. biden then went on to a fundraiser in chicago are where he was met by anti-israel protesters, and then he sat down for an interview, a aeroone, with cnn. the president brag about the shape of the economy right now. watch this. >> why should people here believe that you will succeed at creating jobs where trump failed? >> he's never if succeeded in creating jobs, and i've never fade. >> economic growth last week, far short of expectations. consumer confidence, maybe no surprise, is near a 2-year low. with less than six months go to election day, are you worried that you're running out of time
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to turn that around? >> we've already turned it around. the polling data has been wrong all along. we have the strongest economy in the world. >> and people are spending more on food and groceries than they have at any time really in the past 30 yearses. i mean, that's a real day-to-day pain that people -- >> no. it's real. but the fact is that if you take a look at -- people have the money to spend. maria: joining me now is montana senator steve daines, chairman of the national republican senate iftorial committee and a member of the senate finance and energy committee. senator, thanks very much for being here. gives your reaction to president biden's interview. >> that was really painful to watch. i'll tell you, it shows you how out of touch president biden and the democrats are with the american people. finish you know, the most expensive vehicle that the american people drive right now is their shopping cart. they know the prices are up over 20 from where -- 20% from where
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they were when president biden first took office. and, again, it's painful to see how out of touch president biden is. these liberal democrat heat as they're driving their fan city evs while the -- fancy evs. if. maria: well, i don't know if he's out of touch or if he's just lying because we all have the numbers, we all know the situation and yet he claims that when he walked into the oval office, inflation was already a problem. let me be clear, the consumer price index was at 1.4% when joe biden started his term. but here's what he said last night, watch this. >> no president's had the run we've had in terms of creating jobs and bringing down inflation. it was 9% when when i came into office. we've already turned -- look at the michigan survey. 65 of american people believe they're in good shape economically. we have the strongest economy in the world. maria: no pushback whatsoever about the fact that he said inflation was at 9%.
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no, it wasn't with. it was at 11.4%. 1.4%. >> maria, remember the debates we had after president biden was sworn in when the democrats shoved nearly $2 trillion of stimulus spending, unpaid for, into this economy. we had a trillion dollars of unspent covid or dollars in the december prior to president biden being sworn n. even lawrence summers said that was going to be inflation if their. look, it was. at the same time, he's shutting down made in america energy, shut down the the keystone pipeline comes into montana, he shuts that down, shuts down lng permits. the the american people are screaming what are you doing, shoveling cash into the economy here that drives our debt now up to $35 if trillion which are inflationary pressures. look, the blame falls on his lap, and he is running away from that. the american people see through i that, and that's why you see president trump's numbers strengthening every day. maria: yeah. speaking of your state, montana, jonathan fahey, jump in here. you've got a question.
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>> you represent my second favorite state, senator. and i want to ask you about your with other senator, jon tester, and his campaign for re-election. how do you get the message to montana voters that senator tester's just simply a rubber stamp for the schumer agenda, the open borders agenda? because when he's campaigning in montana, he cam ap pains one way and certainly is fully in line the other way. how are you doing connecting with the voters of montana to get that message across? >> well, we've got a great candidate in tim sheehy, a navy seal, a naval aad cadmy graduate, 100 combat missions with seals, his wife's a marine, amazing story. this is a contrast. john first votes with joe biden -- jon tester votes with joe biden 95% of the time. it's like we're representing two different states. sometimes i feel like two different countries when you take a look at how jon tester votes is and how i vote. that is being clear wily
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explained now to the people of montana. jon tester opposed everything that president trump did, all the supreme court justices, the trump tax cuts. jon tester voted no. and then jon tester's voting yes for everything that joe biden's standing for as i oppose it. that's a really porn contrast. president trump is going to win the state of montana by 20 points. that is a big problem for jon tester. maria: senator, i want to ask you about your work at the -- as the chairman of the national republican senatetorial committee. axios is reporting the democrat senate candidates are routing the gop in fund raising. they say just about every democrat in competitive races significantly outraises their gop challenger in the first quarter of the year. so how do you overcome this? and how come you're not keeping up with fund raising if things are going so well? >> yeah, rook look, we've got to compete with the elite tech billionaires that are pouring money into the cause for the left. it's the same billionaires that are funding some of these pro-hamas if encampments across
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our universities in our great country, and we need help from the patriots, the grassroots efforts. we have a web site, it's senate 24.com can. senate 24.com. we need help. we need to have the american people showing up with $10, $20, $50 kind of contributions. that's going to be key to get the grassroots supply, grassroots patriots. we've got the right candidates in the right states. at this moment we are being outraised by the liberal elites. we've got to fight back. maria: yeah. and i know that you visited the george washington university anti-israel end encampment -- encatchment before police broke it up. missouri congressman cori bush was upset about the police even being there. watch this. >> we woke up this morning to the disturbing news that d.c. can's metropolitan police department had raided the gw gaza solidarity encampment and assaulted, pepper sprayed and arrested the nonviolent student protesters in the middle of the night. if this is all happening because
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those who refuse to stop the ongoing genocide in gaza think they can arrest and brutalize their way out of this situation. maria: okay. so, senator, it's the police's fault. >> maria, i walked on the two gw campus on tuesday. i showed up, saw the encampment. i went to the statue of george washington wrapped in two palestinian flags, his -- he had a head scarf, the black and white checkered head scarf, red spray paint that said genocide. it had been defaced with graffiti. it had from the river to the sea, eliminating the jews from israel. talked about free palestine. they had a white board that said no zionism. look, those same protesters went to the president of gw's house later that night and called for the beheading, the beheading of some of the leaders at the university. if you call those peaceful protesters, those are jihadists
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right now. this is a radical movement that that's happening in our country, and thank god for law enforcement -- maria: yeah. >> they cleared out those encampments. i stand with law enforcement as republicans do. and joe biden is standing with these pro-hamas demonstrators. maria: yeah. pretty extraordinary and certainly disturbing. senator, thank you. we follow your work. steve daines joining us this morning. we'll be right back. ♪ could jeopardize my vision. great. one more thing to worry about. it was all too hard to deal with in the beginning, but making a plan with my doctor to add precision was easy. preservision areds2 contains the exact nei recommended, clinically proven nutrient formula to help reduce the risk of moderate to advanced amd progression. thanks to preservision, i feel better that i'm doing something about it like millions of others. preservision.
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maria: welcome back. state colleges may be a better deal for students, but public schools are struggling financially. fox business' madison alworth with more now on that. madison, good morning. >> reporter: public colleges and universities are struggling with over a decade-long are trend of falling enrollment and higher operating costs. they're taking in less money and are more reliant on public funds than ever. so let's break down these brand new numbers. in 2023 there were 10 million full-timen rolled students in state universities. that's a loss of 50,000 students, a half percentage decrease are from 2022 and a 6% decline since pre-pandemic. 2023, it's the 12th straight year that we've seen a decline in enenrollment in public schools. some states have it worse than others. state enrollment in ohio, that fell 25 -- excuse me, 25 states
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saw a decline. ohio, hay saw the greatest amount of students deciding not to enroll in public full colleges there. and in that moment is hitting the colleges' bottom line. in 2023 public colleges and universities saw the largest decrease in tuition revenue per student on record. this means universities are having to rely on the state and local government funding for fiscal support. for only the second time since the great recession, state funding to public colleges is exceeding per-student funding levels. is so more money from the government subsidies despite less students. now all of this, these numbers, they are coming amid a growing scrutiny about the amount of public funding that goes to colleges and also shows that students are turning away from a 4-year degree as both value and values on campus are yesterday. maria? maria: all right. thanks very much, madison. mark, your reaction. >> definitely some challenges for these schools. i mean, tuition is crazy
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expensive and as a parent where, you know, i'm starting to look at colleges for my daughter who's a junior in high school, you know, columbia is a private school, but it's $89,000 a year. i'd have a very tough time justifying paying $89,000 a year for for a school where my kids aren't even going to school right now. maria: look what you get. >> yeah. but then there's more people who are, they're taking into consideration the fact that the roi might not be there anymore. if you major in the wrong thing, let's say art history or gender studies, you're going to come out of. college a couple hundred thousand dollars in debt, what are you going to make, maybe 700 grand a year? -- 70 grand a year? where you could enter a trade and immediately make $100,000 a year. kids are seeing the trade ah. maria: yeah, and they're going that route. >> and now with all of this raging anti-semitism on the elite campuses, now you have a lot of elite students coming out of private schools, etc., thinking twice about apply being
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to harvard or yale. and a lot of parents too saying i don't want to spend nearly 100 grand a year, send my keyed to an elite university to be indoctrinated? >> yeah. >> and when it comes to federal funding, so many of these institutions have massive, multibillion dollar endowments. the american taxpayers -- so if you are one of those plumbers saving somebody's life when their toilet goes out, right? you are subsidizing harvard university and yale to churn out more little marxists? if i don't think so. >> oh, yeah. maria: what do you think, jonathan? >> this is it is a very positive development because i think people are really seeing what's going on at these universities, and to piggyback on your points, there are better ways to make a living, and going to college doesn't solve all of your problems. people have been told this for 30 and 40 years, that everyone should go to college. well, it's not true. people are finding out, it is a positive development, i think, long term. maria: all right. we will take a short break and come right back. you're watching "mornings with maria" live on fox business.
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hi, i'm stacey, and i've lost 60 pounds on golo. (guitar music) this belt i used to wear, way down at the first and second notch, it's the only thing i've kept from before losing weight and i'm keeping this because i'm never going back. maria: all right, we are about
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30 minutes away from the if opening bell for thursday, dow industrials down about 63 right now. the nasdaq up 4 points. s&p 500 fractionally lower. mark tepper, your final thoughts. >> well, let's hope next week walmart's good, the week after nvidia's good. obviously, earnings have been pretty good so far. let's hope we can continue with that momentum. maria: i'm so glad you underlined those two companies because those will be the ones to watch. >> yeah. good read on the consumer and a great read on a. i.. maria: for sure. monica. >> a record number of americans cannot afford to pay rent. two-thirds of the american people are living paycheck to paycheck. this is going to have massive political implications in favor of president trump restoring a booming economy. maria: jonathan. >> another stormy day today in with this embarrassment of a trial continuing but everyone -- you know, who knows what's coming next. maria: we'll wait to hear the details. guys, great show. thank you so much. and thank you so much for joining us. we'll see you again to. "varney & company" picks it up now. stu, take it away. stuart: good morning, everyone.

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