Transcripts For FBC Mornings With Maria Bartiromo 20180130

Agenda including immigration and trade. The president will deliver his first state of the Union Address. The theme of the address is building a safe, strong and proud america, which is exactly what the president has work to do during his first year in office. To get ahead of what the president will say in his remarks, but it will obviously be must watch tv. Maria will have full coverage and analysis of the state of union taking the podium at 9 00 p. M. Eastern time. Previewing and analyzing beforeandafter. Does making Major Investments here to the tax reform package. Exxonmobil yesterday announcing it will spend more than 50 billion in the u. S. A. To ask at its business. Good news for the American Economy for nancy pelosi insisting that threats to the economy of the darkest cloud. Republicans firing back through real hard about coming out. The momentum down today down 167 points concerning this morning over Rising Interest Rates weigh on investors. The 10 year treasury yielded to. 69 . The highest since 2014. This after the major indices pulled back yesterday down better than half of 1 . Yesterday selling down 177, down 40 points and the nasdaq. Despite the read news on the economy. Euro zone economy grew by two by 5 last year but the best performance in a decade. More news that we have a strong global story across the world. Asia overnight markets following the u. S. Overnight decline 1 across the board. Make a average in japan than 125 . The vote is saying. The House Intelligence Committee voting to vote out the classified document allegedly detailing abuses of government surveillance. President trump has five days to decide whether to allow the release of jack back though. What to expect now that the clock is ticking. Two dow components setting fourthquarter results. Donaldson pfizer. The stocks as they report those numbers will bring that to you. Join me to talk all about it, dagen mcdowell. Wall street journal Global Economic addicts dirt Jon Hilsenrath in the editorinchief, Christopher Bedford with us this morning. Good to see you. Thank you for joining us. Dagen i have my notepad of a long list of things to talk about. Its mornings with maria, so its whatever murray wants to talk about. Train to the news is so glaring. Weve got to say that the union, the fbi developing story, which to me as one of the biggest stories because i know youve done a lot of work on it. Was done a lot of work and i think we are starting to find out now what exactly the communications were, who was involved in people resigning. Everyone is nobrainer in d. C. Over whether his pushed out by donald trump or whether he resigned because of the upcoming memos to send to the white house for donald trump to take a look at it for the next five days if you want to release that to the public. Was a partyline votes the democrats are panic. I dont think theres going to be any end to the battles weve seen in d. C. If they can show the fbi and doj investigation was corrected at the top at the beginning been touted as White Knights and lancelot, if it turns out they are bad is addicting to democrats and fbi. Itself in the making in the stock market. Dagen said this magic number were around it. Close to 3 . Dagen in the 10 year yield. At the end of last year from the number one is that the Federal Reserve does and Rising Interest Rates particularly an economy that is weighted down with that at this point. I would argue this selloff a week or so ago. It has been so hot. He needs to take a breather. He brought good news. He optimism. Speaking of good news printed jobs numbers coming out friday and we have to keep an eye on that. Maria is it a good number . It is a good number. I remember days when under 50,000 plus range and we will see more about this week. Coming down below 4 . Maria we have the state of the union. A lot to cover this morning. Director of office of management and budget. Mick mulvaney with us this morning. House majority leader Kevin Mccarthys success. And texas congressman Michael Mccaul is here. Former dnc chairwoman and author Donna Brazile is with us this morning in u. S. Small Business Administration Linda Mcmahon as well. A jampacked show. This preview of the president did not go state of the Union Address. Such a way of his aggressive 2018 agenda in this first year, schmitz. Adam shapiro this morning with the details of what to expect. Good morning to you, maria. We expect to hear the president discussed the accomplishments of the Trump Administration looking backward 2017, but also forwarded 2018. The president to talk about what he wants for the country, lay out an outline perhaps for the infrastructure plan which has been discussed already which could have anywhere between 1 trillion. Which is 157 trillion in economic. One of the things we expect to hear. With the president is expected to say later today. You if youre the kind of speech most president s hope they can give, which they can give, which is we are doing well. Unemployment as a 20 year low. For the first time in 31 years with one years before the great justice on the Supreme Court. The president will talk about a lot of great things to god done. Dagen the president probably going to talk about the fact the unemployment rate. Optimism that i spent 17 years. The president does the administration is already proposed a path to citizenship for the dreamers. 120 Million People are brought to this country the greatest children dont have a path to citizenship, but the president in his proposal to Congress Expected to once again call for them to act and finally do something for those people as those people as well as Immigration Reform on the southern border. This comes as the growing number of democratic lawmakers plans to boycott the president s state of the union. Interesting to see this even after such good news. Theyre boycotting the state of the union. Political theater for both sides. They look like republicans did a few years ago for their fractures seven different state of the union responses. The guy they put up to represent the middle classes to the voter coalition. Basically a royal family. Their message is that all unified and its already hard enough in them make it more difficult for themselves by skipping them and splintering reaction. Maria with one gimmick they all said they were going to wear black. There was another idea they had. What we have here is a kickoff to the Midterm Election season. A lot of political theater not political theater not believe theater not believe what theyre wearing, who shows up, but in the audience, theres people inviting gas in writing different to make their case. Maria more crumbs to report. Exxonmobil. Its going to spend 50 billion to expand its business. They were enhanced by the tax bill as House Minority leader nancy pelosi after calling crumbs later this month. Watch this. Over the capital 86 million americans that a positive ways will be paying more in taxes as a result of this bill versus the crimes that they are giving to workers to petition the sun is so pathetic. Maria pathetic she says. Crumbs fall feed a family for four months of this country this country where the Median Household Income is less than 50,000 a year. Go back to your bubble, nancy pelosi. You mentioned the idea of wearing black. Another thing i noticed her people in the media, not here, but in the pockets of the democrat and other media organizations and other democrats really talking down the economy of the left me be clear about how fast the economy is growing. We created more than 2 million jobs in trumps first year. But it was a little bit lower than the year before. It was current at 256 . Wasnt growing at 3 . But just remind everybody how lousy the economy as a sub service pack check in people who are optimistic that that is on fire with the American People because 2 million folks have gotten a thousand dollar bonuses plus. Maria its not true. Lets look at the facts. You do not understand the economy and why growth is so important or theyre just lying. I think as i said earlier, this is the Midterm Election season staring us in the face. They vote with their own pocketbooks. You know if youve got a job come a race coming up your 401 k plan value. Dagen about americans want better days ahead. We as a nation are an optimistic people and we believe in striving and growing and producing a better life for our families and so let me tell you how bad it is in this country so we can make decisions for you. That is the message of the democrats. Dagen i would say that politics as usual. Also an ideology that takes over the brain. They dont want to get donald trump any credit for anything, but the fact is the facts are getting harder and harder to ignore. Of the republicans controlled the senate in the house at this point because the negative message doesnt work. I love how they believe in redistribution of wealth if theyre making decisions about your money with your money, but not if corporations are. Not in the air. Theyre only happy in southside nancy pelosi made a decision this week when he decided to prepay taxes under 7 milliondollar house in San Francisco under 4 milliondollar house in napa and save yourself 167,000 crumbs i guess. Maria she owns a vineyard. How many bottles of wine can be purchased for a thousand dollars in Nancy Pelosis vineyard. Dagen majorca shes the one who goes into the house and orders coq au vin. Republicans are heading back. The house gop leadership target in the comments watch this. Congress just passed historic middleclass tax cuts for the 2000 for middleclass families in nancy pelosi calls it the worst bill in the history of the United States congress. 300,000 new jobs will be created. With bonuses and Better Benefits for millions, which pelosi calls till nancy pelosi shes wrong. Middleclass tax cuts are working. Is so pathetic. Heading right at the effort by democrats to get control of the house. Right now people all across the country are feeling of getting bonuses that creates voters. Democrats are worried because they put up joe kennedy to third to give the response. Joe kennedy was a rabid opponent of these tax cuts. Because the second child was being born he was not there for the vote. He didnt let anyone break from party line. But the vulnerable ones break. They have to say no one checked on the government. They have to explain all about. Well take a break when they come back at the House Intel Committee vote to reveal the classified government with abuses by the fbi for the russia investigation coming up. Facebook, microsoft, alphabet, amazon, apple wednesday and thursday well preview it. Stay with us live from d. C. Right now. How do you win at business . Stay at la quinta. Where were changing with stylish makeovers. Then at your next meeting, set your seat height to its maximum level. Bravo, tall meeting man. Start winning today. Book now at lq. Com im the one clocking in when youre clocking out. Sensing and automatically adjusting to your every move. Does your bed do that . Im the new sleep number 360 smart bed. Lets meet at a sleep number store. A trip back to the dthe doctors office, mean just for a shot. But why go back there, when you can stay home with Neulasta Onpro . Strong chemo can put you at risk of serious infection. Neulasta helps reduce infection risk by boosting your white blood cell count, which strengthens your immune system. The applied the day of chemo, Neulasta Onpro is designed to deliver neulasta the next day. Neulasta is for certain Cancer Patients receiving strong chemotherapy. Do not take neulasta if youre allergic to neulasta or Neupogen Filgrastim . Ruptured spleen, sometimes fatal as well as serious lung problems, allergic reactions, kidney injuries, and capillary leak syndrome have occurred. Report abdominal or shoulder tip pain, trouble breathing or allergic reactions to your doctor right away. In patients with sickle cell disorders, serious, sometimes fatal crises can occur. The most common side effect is bone and muscle ache. So why go back there . If youd rather be home, ask your doctor about Neulasta Onpro. The Homeland Security department were not in the betting procedures for refugees. Cheryl casone with details in new york. New procedures for refugees to come to the United States from 11 high risk countries. The Homeland Security department did not in those countries, but your stimulus and said in a statement the security measures will make it harder for bad actors to exploder Refugee Program and will ensure we take a more riskbased approach to protecting the homeland. A human smuggling operation has been busted in texas. 76 Illegal Immigrants found stashed away in the back of a truck or trailer in the raid north of the border. Authorities discovered the immigrants while the road was undergoing an inspection. Immigrants are from mexico, honduras, ill fall during guatemala all in good health. Routine of them were unaccompanied children. Last week on the President Trump announced tariffs on a solar panel. One Chinese Company building plants in the United States. Then to spend 410 million on the project. This will be next year to create 800 jobs from administrations unimportant solar panels the first year when it phased out. The Chinese Company building the plant here at home. The busiest week in corporate earnings season rolling on. Dow components before the bell today. Mcdonalds, continued in the final quarter. The power engine of the company to nearly 11 increase in earnings per share the last year. Pfizer to post better than almost 20 . Up 40 from a year ago. Pfizer shares by more than 30 . A couple names to watch. Thanks so much. Not necessary, but the expectation for 2018 and we are expecting 23 Profit Growth to the s p 500 partly because of the tax plan. The numbers that have come out so far for this quarter have been good. The outlook has been optimistic. 470 of companies are beating earnings estimates come usually the 60s. Thats why weve got to have this over 26,000. Dagen these investment announcements from the likes of exxon, fedex said the end of last week, one after another is also a sign of confidence. Were looking at confidence and that is obviously coming out of the market. When we come back, the fbi, Deputy Director steps down. Andrew mccabe before the house voted to release a memo outlining the fbi abuse to the russia investigation. Moore had on the followed in the white house reaction from the fbi and whats gone on at the top. Plus, harley david son, analysts have 45 cents a share as soon as they get the tape. Check the stock as well. Live from d. C. This morning. Ooooooh snap every truck guy has their own way of conveying powerful. Yeeaaahhh boy. Kind of looks like a monster coming to eat ya. Holy smokes. That is awesome. Strong. You got the basic, and you got the beefy. I just think it looks mean. Incredible. No way. Start your year off strong a new chevy truck. Get a total value of over 9,600 on this silverado all star when you finance with gm financial. Find new roads at your local chevy dealer. Today, the new new york is ready for takeoff. Were invested in creating the worlds first stateoftheart drone testing facility in Central New York and the mohawk valley, which marks the start of our nations first 50mile unmanned flight corridor. And allows us to attract the worlds top drone talent. All across new york state, were building the new new york. To grow your business with us in new york state, visit esd. Ny. Gov. Maria the busiest week ever the market as it gets into high gear. One of the busiest week for earnings this week at the Major Technology names and focus. Lauren simonetti with the details. Maria the busiest week for earnings. Tech giants including facebook, microsoft, Google Parent Company alphabetic, apple and amazon. Its unbelievable. Investors listening to see how the tax code affects their bottom line. The corporate rate down to 21 from 35 . Heres the thing. Many of these Tech Companies already pay a lower effective tax rates. For instance, alphabet tax rate has an average over the last 10 years under 20 and Companies Like hewlettpackard is 12. 6 . So, you have to keep that in days. It may talk about how tax changes will affect them. The other thing we watch his repatriation. I was told the face of book, we will pay 38 billion in taxes on her foreign profit bringing them back home. Microsoft according to the wall street journal analysis are expected to pay 1,127,000,000,000 enough about five to 4 billion. The bottom line here is we are talking about 2. 5 trillion overseas and many of these Tech Companies pay the onetime tax, which could show up if they bring the money back home. The question is how do they spend it . Research and development of a return to shareholders. Other ways out. Quickly look at what we can expect tomorrow when facebook and microsoft report facebook expected to Gross Revenue 42 . Microsoft revenue coming in expected 28. 3 billion. The stock moving or half a percent is a down market overall. Youve got a whitechapel. The rumored iphone 10 issues on filters the end of the quarter that they will be reporting for. Revenue to come in and at 86 with 7 billion. Apple stock down 1 . Maria big week. Well see what that means for the markets. Selling the iphone 10 yesterday they announced what did they say about the production of the iphone 10 . A lot of people are saying is that worth it . Soft demand could lead to production being lower as a result. In the analyst community. This has hit the share price this week. They went on sale in november. I believe the iphone 10 quarter they will be reporting for cover. So you get an early look at how strong sales have been. Maria the company could not have been more helpful when i went to the 69th street store in new york city, but im not going to comment in terms of what happens with this found. They did a good job helping me. I know so many of us have it appeared as if the revolutionary phone you were hoping for . Trade to know. Quite a to bring to the store in the first place . Maria i had real issues, but they were great. I dont love the phone. Dagen there was a report out that the next generation that they are going to scrap the one you have been more inhouse. They will completely scrap it and it will be to slightly larger sizes. Therein lies some of the selling problem they might be having. Next fall. Initiative captive. Official recognition as a tip for you. Everybody knows who you are. Maria lauren, thank you. Lauren simonetti. We are live from washington this morning ahead of the state of the union. Chrysler minivan with an autonomously. Politics and music dont mix ostroff. Details on how many people tuned in for the grammys this year. Back in a moment. The. Here again is Maria Bartiromo with a special edition with mornings with maria live from washington, d. C. For President Trumps state of the Union Address. Maria welcome back, good tuesday morning, thank you so much for joining us live from washington. Im Maria Bartiromo, it is tuesday january 30th, top stories right now, 6 30 a. M. On the kiest others. Historic night on capitol hilton. President trump will take the podium in just hours from now for the first state of the Union Address. He will focus on successes like to robust economy, low unemployment while also paving the way for new ideas, infrastructure and other key issues like immigration and trade. All starts at 9 00 p. M. Eastern tonight. Join us tonight special coverage ahead of the president s comments. Markets coming off from big e losses of the year, dow was down 177 points yesterday as concern is heightening over higher Interest Rates. Futures this morning continuing to selloff at the opening of trading, we are expecting a decline of 165 points. Nasdaq is down 31 and s p 500 is down 12. Check european markets, we are also seeing weakness, ftse down, 42 points lower, dax index in germany down almost 1 and a half of 1 . In asia overnight markets took a cue from the u. S. Lower declines of roughly 1 across the board. Japan worst performer down 1 and a half percent on nikkei average. Will for public get to see the memo . House Intelligence Committee has cleared to way for the president to decide whether to release classified memo how they illegally spied on the Trump Campaign in 2016. When you read the memo, share with doj and fbi as part of review for National Security equities but when you read the memo, it would be hard press that we are defending anybody. Yes. Yes. Maria the implications of the memo and abuse at the top of the fbi and the public debate coming up. Mcdonalds, all among big names reporting numbers. Aetna just hit the tape. Cruise ago head of the competition, alphabet selfdriving car division waymo striking a deal with Fiat Chrysler to ramp up fleet with thousands of new vehicles when the Driverless Cars are expected to hit the road this morning. Once in a blue moon then theres this, why tomorrows full moon is unlike any other in 35 years. We will bring you that story coming u. First this top story half an hour, shedding life on a secretive memo, House Intelligence Committee voted to publicly release a classified memo that alleges the fbi and Justice Department illegally spied on the Trump Campaign in 2016. President trump has five days to make the final call on whether the public will see the memo, the efforts spearheaded by chairman devin none nunes drew praise by republicans and condemned by the democrats. Releasing the information isnt going to be about rod, its about people in charge of operations before the president was sworn in, of course, but thats we need to know just as in fast and furious and benghazi, people need to know what happened when something went wrong. We are talking about releasing information that is the most sacred to our nations safety. So why would on partisan lines this Committee Vote against allowing the department of justice, the fbi or any other intel agency come brief the full body here and explain the concerns they had with doing what they are doing . More more joining us this morning ferk mares, spokesperson for Donald Trumps campaign katrina pearson. Thank you so much for joining us. Thanks very having me. Maria what are your thoughts on releasing the memo . Has to be done. We are in a situation where donald trump beat Hillary Clinton and all weve heard since is russia collusion. This is something that the democrats have been pushing since day one as resistance and now we have an opportunity to show all of america what the House Intelligence Committee has come up with. You have adam schiff who has been consistent that theres evidence, theres evidence, nobody can seem to find that. Now we have an opportunity the House Intelligence Committee, investigators have viewed documents from the fbi as well as the doj and this is simply a summary. The people need to know what is in the memo. Maria how sit possible that you can keep an investigation with no evidence of collusion yet we have evidence of bias by just looking at these leadership these leaders at the fbi and what theyve been saying to each other . Take, for example, christopher, the Text Messages between peter strzok and lisa page where they say we need an insurance policy should donald trump win the white house. We have the Text Messages and they keep oncoming out and we are tart to go uncover more and what they mean, who knows what parts were real and what parts they were joking. Weve also got the nunes report which is mostly we are going to see as long as trump does nothing to block it in the next five days an we have the ig report looking into how the fbi clinton the emails. Anybody could have impacted mccabes decision to resign before he was demoted or either potentially fired. Maria is there anything in this memo that is so clon clandestine that the public should not see . Maybe thats why democrats dont want memo to come out. I think theres also evidence that there are other members in muellers nacion are compromised like mccabe, rod stien, for example, we need to know who signed off. Did they really use the unverified dossier, these are the things the public needs to know because the democrats, again, this was their push to delegitimize the presidency of donald trump. They demanded to know if theres russia collusion, everyone said we have to find out and get to the bottom of this because its sacred to our country, we have to preserve our elections process. I agree with that. The president agrees with that. Everyone agrees, lets see the memo. Maria theres a thing called the rule of law and you have to make sure theres accountability. Look, dagen, i know we i say that a hundred times and we were at the Democratic Convention and we watch it firsthand, Debbie Wasserman schultz, it was her convention, she was pushed out because it was clear from her emails that she was in the tank for hillary and they were totally pushing Bernie Sanders out. We only talked about that for five minutes and immediately the dems got together and started peddling the story of collusion between donald trump and the russians. Dagen looking back at that, dont you wonder how Many Democrats pushing the narrative knew ultimately later on that it was the Christopher Steel dossier that was being funded by members of the Clinton Campaign and by the Democratic National committee. At what point did they know that this Opposition Research was being paid for and essentially put together with the help of russians and how that might have gone, again, to the issue of the memo, gone into this fisa warrant on a member of the trump team. But one thing i will point out about Andrew Mccabe, Andrew Mccabe should have been gone long ago given the fact that his wife took money from terry, clinton crony, when she was running for the maria 70 million. Dagen he only stepped aside from the Hillary Clinton probe before the election. There was an ethics problem then and now the democrats are trying to frame Andrew Mccabe stepping aside like some sort of republicans taking a pick ax to the rule of law and our Law Enforcement institutions in march. The democrats, i can see them coming on donald trump when they are Campaign Mode at dnc doing anything they can to win the election. Whats amazing if you remember back to barack obama taking over presidency. George bush was so court yous, they did everything they can to make transition as easy as possible, they are unmasking of people, the going after anyone at trump, declaring new national monuments, the house and urban developments, big Public Relations disaster, they did everything they do to booby trap the white house. Maria was this goodold fashion cheating, we are going to spy on political enemy . I think its worst than cheating and to dagens point, the difference between convention and today, they didnt think donald trump was going to win. They are covering tracks. This is a conspiracy to essentially overthrow the sitting president of the United States because this is something that has continued and has to stop. Maria jim comey tweeted about mccabes decision, here is what jim comey said on twitter. Special agent Andrew Mccabe stood tall over last eight months when small people were trying to tear down an institution we all depend on, i wish him andy well, i also wish continued strength for the rest of the fbi and America Needs you. Unfortunately the leadership has besmerched them. We do know that not only did Hillary Clinton and the dnc work with individuals inside the government to try to rig this election and push the russia investigation, but they were i think to it today, they were doing mueller has some of these people on his team. This is exactly why this memo needs to come out because people need to be identified and there should have been recusals from the beginning. This is the problem, a lot of americans are really upset and frustrated because donald trump won this presidency hands down and they have been trying to take it from him and now theyve been utilizing Government Resources and illegally spying on american residents. Dagen with mccabe and others hitting the bricks, cleaning house at the fbi is not a conspiracy, its a necessity. Absolutely. Dagen they botched the Hillary Clinton email probe and funded russiangathered information by Christopher Steel into the president ial election. Again, a few of these individuals are out of there with pensions, sobeit. Jon this story about mccabe stepping down, he was going to retire in a few weeks anyway, what difference does it make . Maria makes a big difference because there needs to be accountability for a bias that has been at the top of the fbi. Maybe maria heads are rolling. Maybe he had the Vacation Time set up. Im done with this, its possible. Jon right. I want to take a close look if its connected and nunes memo, if theres any connection that would be really interesting. Maria you have to give a lot of credit to michael, katrina, thank you very much for weighing in. Thanks very having me. Maria katrina pearson, mcdonalds set to report this morning, analysts 1. 59 a share, we will bring you the numbers and tell you if they have impact on broader markets coming up. Be on the lookout for the super blood blue moon, we will tell you why it is so rare. Its coming, back in a minute. It was really easy. Easy. Thatd be nice. Phone for help with chairs, say chair. Phone for help with bookcases, say bookcase. Bookcase. I thought this was the dresser . Isnt that the bed . Phone im sorry, i didnt understand. Phone for help with chairs, say chair. Does this mean were not going out . Bookcase. See how easy renters insurance can be at geico. Com. This is where i trade and manage my portfolio. Since i added futures, i have access to the oil markets and gold markets. Okay. Im plugged into equities trade confirmed and i have Global Access 24 7. Meaning i can do what i need to do, then i can focus on what i want to do. Visit learnfuturestoday. Com to see what adding futures can do for you. Maria welcome back, now this. Cheryl casone with the detail on what that means. Cheryl, good morning. Cheryl good morning, again. More insight on who might eventually replace ceo jamie dimon, pinto, share title of chaufer operating officer, will report to jamie dimon. Shares up more than 30 from a year ago. Meanwhile theres change in revlon, Fabian Garcia is stepping down after coming on board two years ago to help revlon get back on its feet. Paul will take over for now, revlon shares down over 30 for the past year, maybe not a lot of success for the current ceo. Well, waymo getting ready to open driverless ridehailing Service Buying thousand additional miniadvance from Fiat Chrysler. Waymo turned 6,000 chrysler minivan into selfdriving vehicles and they are texting robot taxis in phoenix area. Waymo is the selfdriving unit of google parent alphabet. Cheryl jab performances and even Hillary Clinton didnt help the grammys on saturday night. Cheryl yeah, the grammys on cbs saw lowest ratings in almost ten years. Not even hillary could help. 18. 9 Million People tuned in. Even cameo from president ial hopeful Hillary Clinton reading fire and fury, down 24 from last year, alltime low for whats supposed to be musics biggest night of the year and then finally this guy, if youre up early tomorrow night, i know you will be, you will see a rare mooner trifecta, super moon, blue moon, Lunar Eclipse at the same time. Blue moon is when two full moons happen in the same calendar month, the blood moon occurs when the earth is passing moon and sun, it looks red and super moon occurs when the moon is closest point to the earth and appears a lot bigger and brighter, its going to be big for you and really red and super fun and im sure youll see it. Maria i love it, cant wait to see it. Dagen you love taking moon shotos. Maria im always posting the money. Jon what time do we have to get up to see that . Maria good question, 9 00, tenth, 11 00. I dont know, we will see. How will it stack up against predecessor, we are taking a look back and least impressive speeches in history. Stay with us. We use our phones and computers the same way these days. So why do we pay to have a phone connected when were already paying for internet . Shouldnt it all just be one thing . Thats why Xfinity Mobile comes with your internet. You can get 5 lines of talk and text included at no extra cost. So all you pay for is data. Choose by the gig or unlimited. And now, get a 200 prepaid card when you buy an iphone. Its a new kind of network designed to save you money. Call, visit, or go to xfnitymobile. Com. North korea has a regime arming with missiles of mass destruction while starving its citizens. Iran aggressive pursue it is weapons and exports terror while an unelected few oppress the iranian peoples hope for freedom. Iraq continues to flash hostility toward america and support terror. The iraqi regime has plot today develop anthrax and nerve gas and Nuclear Weapons for over a decade. States like these and their terrorist allies constitute acts of evil arm to go threaten peace of the world. Maria look back at george w. Bushs 2002 state of the Union Address. Later tonight, President Trump will deliver his first address since taking office and the question on everybodys mind, how will it stack up against the predecessor, more on that, lets bring in president ial historian doug. Good to see you. Good to see you, maria. Maria tell us your thoughts on the importance on that. Many speeches are signals to other countries and other countries will pour over every single word and sometimes their imagination will go wild, they will see things that they shouldnt see. This was also a speech to the American People, we already know now where he was headed and he wanted the American People to know these are the bad guys, okay. And he was sending that signal. Maria take us to 1982, reagan made history, to bring American Hero and acknowledge them, watch this. We saw the heroism of one of our young government employees, lenny scott, when he saw a woman lose her grip on the helicopter line, dive into the water and dragged her to safety. [applause] maria how important was that, doug . Yeah, that changed the speeches forever. A guest in the the audience has a longer shelf life, its harder to you can hate the words or be angry at the words or misinterpret the words, its harder to dump on some ordinary citizen out there thats brought into the gallery so now all the president s do it and its permanent fixture of state of the union speech. Maria do you think President Trump will do it . Im sure he will do it they expected ego nars he seemed to acknowledge everybody in the room. Maria right. Another top speech we want to show you before we bring the panel in, fdr, 5942, a month and a day following the pearl harbor attack, tell us about this. Yeah, the American People dont fully realize today what a danger we were in on that pearl harbor, attack on pearl harbor, we lost 40 of naval, destroyed or incapacitated. We were very vulnerable. A lot worse than most people now see because in little over three years we developed the atomic bomb, we defeated nazi germany and we defeated japan. Think of that three years, today you cant get anything done in ten years but thats pretty amazing. Maria what do you want to hear from the speech tonight. Dagen optimism. Jon i want to hear to what extent this moment resembles other moment that is we have seen when the economy was doing really well. 1975 gerald ford said the state of the union was not good but donald trump will say, jobs, jobs. Maria doug, thank you, we will be right back live from washington, d. C. For President Trumps state of the Union Address, Maria Bartiromo with the special edition of mornings with maria. Maria good tuesday morning, thank you so much for joining us here in lovely washington. Im Maria Bartiromo, live from Nations Capital this morning. 7 00 a. M. On the east coast. President trump hours away from delivering first state of the Union Address. Hes said to focus on the progress and successes in his first year in office and the president previews the work thats gone into writing the speech. We worked on it hard, covered a lot of terms, including Great Success of the market and with the tax cut and big speech and important speech, important speech on trade, the world has taken advantage of us on trade for many years and as you probably noticed we are stopping that, we are stopping it cold. Maria fox business will have full coverage and analysis of the state of the Union Tonight, President Trump will take the podium at 9 00 p. M. Eastern. Join us ahead of that for analysis live on fox business. Markets this morning are lower, take a look at futures, indicating a selloff at the start of trading continuing yesterdays selloff, the dow industrials right now down twothirds of 1 . 162 points lower. Nasdaq is down 34 and s p 500 we weaker by 12. This is after yesterdays sharp selloff, dow industrials declined 177 points, also twothirds of a percent. S p 500 also down 20 points and nasdaq yesterday gave up that 40 points. One half of 1 . European indices are taking a cue from the u. S. , declines across the board as well, despite upbeat news in the economy in europe, the euro zone economy grew two and a half percent last year, the best performer in a decade, ftse down nonetheless. Dax index in germany down three quarters of a percent. If asia overnight, following the u. S. , japan the worst performer, nikkei average down 1 and a half percent. The House Intelligence Committee makes it official, the panel vote to go release the controversial memo which alleges fbi abuses, the clock now ticking for President Trump to make a decision on whether or not to make that public. Earnings, the focus on wall street this morning, this is the busiest week for fourthquarter earnings, pfizer reported, reporting better than expected earnings, stock sup on the news, almost 2 . New England Patriots tom brady took the high road, a radio show host shouldnt be fired after making mean comments about his daughter. Off with her head, ride malfunction, we will tell you about that coming up. First, though, coming in this morning Kevin Mccarthy, Homeland Security Michael Mccaul, Donna Brazile and linda mchamon. Plus judge Andrew Napolitano weighs in. Big hour ahead. Dont miss a moment of it. We kick it off with this, america is back, thats the message President Trump is expected to deliver tonight in his inaugural state of the Union Address, futures edging higher as the president prepares to lay out his 2018 agenda in tonights speech, obviously we are looking at a market that is lower, but it has been a very strong year and markets have react today that. Here is what the president said to expect. We worked on it hard, covered a lot of territory including our Great Success with the markets and with the tax cut and its a big speech, an important speech, we covered immigration for many, many years they have been talking immigration, they never got anything done. Its got to be bipartisan. The republicans really dont have the votes to get it done in any other way. Maria joining me right now to weigh in director of Office Management and budget Mick Mulvaney. Thank you for joining us. I like the outdoor studio. Maria little cold. Wants to accomplish what hes prepared to do in the second term, what should we expect tonight from your standpoint . A lot of the reports have been inaccurate. I think you will see upbeat, very positive speech, he will start to reach across the aisle a little bit. We will talk about the success that is weve had in the past year. I think one thing that people sort of ignore about the Government Shutdown was the political angle of it last week and that happened over the anniversary of the inauguration. Im still convinced that the democrats did that in order to deny the president sort of that forum to talk about what a great first year the administration has had. You see a little bit about that and a little bit of looking forward into what you can expect next year. Maria of course, we have seen good performance in ternls of economics, when you come out with the budget in the next couple of weeks, are you going to talk about 3 growth, Economic Growth . Yeah, in fact, itll give me a chance to tell everybody i told you. So everybody on the left accused of using economic assum ls that were way too optimistics, 2. 7 growth, 2. 9 for next year and 3 after that and we will beat that already, the numbers that everybody on the left said we would never ashove we achieved faster than we thought we would. Maria 4 , is that achievable . Whats being overlooked with the tax bill, its been so long that we had a tax bill that did this much as this tax bill, shortterm stimulus to the economy and what we have been able to accomplish over the course of the last year not only with tax bill but deregulatory policies that we put in place, we really do feel that we have changed the fundamental structure of the American Economy where its not a shortterm stimulus, its not a sugar high, now enable an economy to have longterm economic health. So we think the numbers can stick around for a long. Maria certainly we are seeing and seeing it with companies trying to pass on some of that savings. Let me ask you where we are today, we are seeing Interest Rates creep up, you have been talking about 10year yield, starts getting investors nervous. How nervous are you when you see rates going higher and expecting to go higher, our Interest Payments as country go up as well. You hit the nail on the head, why are they going up, if theyre creeping up because the economy is doing better and better, that sort of comes with the territory, right, its one of the reasons we try to remind people, look, this is one of the risks to have 20 trilliondollar debt when youre sitting on that much debt, every additional Interest Rate costs you more money. We try and remind folks that growth is fantastic and we will take it but we also do pay very close attention to the Interest Rates. Maria so what about the debt, when does it become priority, i recognize that growth has been your priority going into the state of the union but now we are talking about 1 and a half trillion dollar tax plan, more money being spent on infrastructure, in fact, that materializes, what do you do to cut back in terms of getting your arms around that . One of the things we talked about during the tax plan, to convince folks to vote for it, yes, you would see a shortterm spike in the deficit because the way the tax plan layed out. It would take a couple years for benefits to pay off. One of the things we didnt talk about, very few people talked about Capital Investment numbers that came out on friday, almost four times that we expected. Those types of investment take time to pay off. You have a shortterm hit to the revenue side of the equation which you have longterm payoff and you see temporary spike in the deficit and as growth kicks in you see deficit start tail off. Maria you have to see spending cuts in order to really move the there, right . You look at somebody Like Committee for responsible budget, she feels that, you know, you need to actually come out with specifics in terms of cutting back spending in this upcoming budget. Yeah, spending restraint has always been part of the plan, it was part of the plan in last years budget and this years budget, we go back to last time we balanced the budget in late 1990s. There wasnt dramatic cuts. Thats the same formula we are trying to get back to today. Maria we were talking about 47 trilliondollar budget and youre talking about very little in terms of spending, come on, you have a lot of priorities, raise money for military, raise the numbers, you to raise the numbers in terms of infrastructure package, are we talking 1. 7 trillion infrastructure package and how much of that is federal money . Again, i dont wanting to in specifics on the dollar amounts until we roll out the plan here which i think is in the next week or to but i want to talk about the concept of however this is federal money, one of the things youre going to see is innovative ideas on how to stretch the federal dollar, keep in mind, the large majority is paid by state and local governments, federal government only pays about 20 but we regulate 100 of it. In addition talking about how we are going raise money, stretch federal dollars, you will see about how we can make the money thats already there get on the ground faster by streamlining regulation. Maria do you expect to balance budget 19 budget . Hope so. The longer we wait, more and more difficult to do. I dont know the answer to that question. Maria with Economic Growth thats always helpful and you want to keep seeing the numbers go up in terms of gdp. We will track a couple of things, the nominal size of the deficit itself but the deficit as percent of gdp. Maria let me ask you about ther protection agency, are you having fun with this. I love having my jobs. Maria top director of Consumer Protection bureau, tell us how youre overhauling it . We are trying to change the attitude if thats possible of a federal agency, look, to the extent you use today push the envelope, used to be aggressive in the pursuit of the bad guy, i think under the previous administrator, evenhanded Law Enforcement agency, we are going to treat all the folks that we oversee, all the folks that we try to help with respect, the words i used were we have great tremendous power from the legislature. I have authority of the bureau that no other agency has had. I dont have to ask for money and run the place, its tremendous power. Maria too much power. I think too much, we have now it now and we will use it with humility and respect and a good deal of prudence. Maria which is why you didnt ask from one dollar from the congress. There was a comment earlier from one of my guests who was basically talking about the deputy who try today push back at you taking over, she wants to be the leader and has lawyers that are fighting for her. Are taxpayering paying her law bills . No. Maria shes paying that . Im not sure who is paying that. Maria just checking on that. Its a headscratcher in terms of Consumer Protection bureau, the mandate is to watch the consumer and yet we had wells fargo with misdeeds, tons of misdeeds that they completely missed, i mean, the media brought the story with the phoney accounts at wells fargo. Thats correct and equifax. Spend less time going after mom and pop operations, look at bigger folks. Spend more time, maria, on educating, one of the things the bureau is charged with, people talk about the Consumer Financial education. We will do that so people dont make the bad decisions on the front end. Maria let me end on the budget once more since youre the leader, what are the priorities in 19 budget in terms of spending . Military. The big fight will be how much will the democrats hold us up in order to give us the military defense spend numbers that are necessary. That would be the big battle. Maria you have to raise the caps, though . We all agree how much we have to raise cap on military, the question is how much we have to raise it on the nondefense side and thats where the negotiations is. Maria we have seen all the stories of accidents and equipment that really needs attention. We will fund the military. The question is how much will democrats insist that we spend on nonmilitary spend to go get that money that we need for the defense. Maria youve explained it so well director mulvaney. Thanks for having me. Maria companies will form a company to address lower cost satisfaction. The individual Company Wants to create a company thats free from profitmaking incentives, this just coming across, your thoughts in terms of health care, director mulvaney . This is front and center for the American People. It is. We will deal with funding in the next couple of days. You will see us come up with daca solution, you will see us move onto infrastructure. Theres no appetite, the energy, the oxygen in the room to deal with health care between now and midterms. Maria that happens after midterm . I dont think you have time in the legislative calendar to deal with it. Maria Mick Mulvaney thank you so much for weighing in. We will be right back how do you win at business . Stay at la quinta. Where were changing with stylish makeovers. Then at your next meeting, set your seat height to its maximum level. Bravo, tall meeting man. Start winning today. Book now at lq. Com maria welcome back, incident over black sea over russian jet buzzes u. S. Navy spy plane. Cheryl thats right, maria, according to pentagon, the russian jet came within 5 feet of u. S. Plane flying legally in International Air space, the russian jet crossed directly to navy planes flight path, similar incident back in november. Well, you just brought the breaking news to viewers moments ago, maria, amazon, Jpmorgan Chase and bookshire, they will focus on technology, the goal is to lower costs for employee and improve satisfaction, again, the new company, though, is going to be focused on health care for the employees. Right now shares unchanged right now, that breaking news just coming in. Also this story this morning, we are watching star wars the last jedi falling short of analyst Sales Estimates after steeper than expected falls tat box office. Will light the fire. Cheryl last jedi soon going to end run with 625 million made in the u. S. And canada, thats 20 million short, though, of expectation. Meanwhile theres this, maria, imagine being a kid on the Little Mermaid right at disney theme park and turns into a horror show. Thats what happened in california venture park, a character from Little Mermaid, literally decapitated while horrified kids were watching. The villain kept on singing even though her head was hanging by cables. Here is what shes suppose today look like when she also has head screwed on properly. Much more kid friendly. By the way, maria, she was singing along to the song poor unfortunate souls when this was happening. Maria disney that was such a story, that was funny, actually. Thank you so much, Cheryl Cheryl casone. Jon i think you need to look out for apple. They are cutting production of iphone x dramatically, i think we had a down day yesterday, it looks like we could have another big down day today and part because of whats going on in apple. Maria partly apple, but dagen, you think its Interest Rate related . Rather than people being worried about higher Interest Rates, being a weight on stock market, what you could see happen is if people start shifting assets out of fixed income and treasuries and into stocks, so this might be a momentary dip in the market, but if you get a reallocation to stocks, investors see better returns there with every economy in the developed world growing, thats a possibility. Jon it could go the other way if you get a 3 , people might say, i will play it safe. Dagen thatll be a question for weeks or months to come. At what point is it a shock in terms of level that people are looking at, i heard 3 and a half percent. Jon the other big question in the markets in the next few weeks is wired Interest Rates, are they going up because economy is doing well and inflation is rising or bigger budget deficits and bigger borrowing . Maria we are talking about 7 and a half trillion dollars in market value gain since the election have gone nowhere but up record after record. If youre talking about 3 handle on yields and the tenyear, maybe thats an excuse to, you know, cut some gain. Jon the market does need a breather and thats why i was saying earlier, this might be a good moment for the market to refresh a little bit. Maria we are seeing that. Things are worryingenning and jon brought you breaking news from the journal that iphone 10 is being cut in terms of production by apple. Coming up House Intelligence Committee vote to go release controversial memo alleging government surveillance abuses, troubling and alarming claims next. Tom brady speaks out. The quarterbacks response after radio host made disparaging remark about his daughter, straight ahead my names dustinhey, dustin. Grab a seat. Woman okay. Moderator nice to meet you. Have you ever had car trouble in a place like this . roaring of truck yes and it was like the worst experience of my life. Seven lanes of traffic and i was in the second lane. When i get into my car, i want to know that its going to get me from point a to point b. Well, then i have some good news. Chevy is the only brand to receive j. D. Power dependability awards for cars, trucks and suvs two years in a row. Woman wait laughing i definitely feel like im in a dependable vehicle right now. Woman 2 i want a chevy now. Woman 3 i know ythen you turn 40 ande everything goes. Tell me about it. You know, its made me think, im closer to my retirement days than i am my college days. Hm. Im thinking. Will i have enough . Should i change something . Well, youre asking the right questions. I just want to know, am i gonna be okay . I know people who specialize in am i going to be okay. I like that. You may need glasses though. Yeah. Schedule a complimentary goal Planning Session today with td ameritrade. I cannot imagine managing my diabetes without my dexcom. This is the dexcom g5 mobile continuous Glucose Monitoring system. A small, wearable sensor measures your glucose every 5 minutes and sends the data to a dexcom receiver. Dexcom helps lower a1c and improves quality of life. If youre over 65 and you have diabetes, you should have a dexcom. If you get a dexcom, youre going to be very glad that you did. Visit dexcomnow. Com to learn more. Maria welcome back, new concerns in debate over privacy. House Intelligence Committee voted yesterday to release explosive memo addressing abuse between fbi and doj. Yesterday representative adam schiff and mike conway weighed in on that vote. Today this Committee Vote today put the president s personal interest perhaps their own political interest above the National Interest in denying themselves even the ability to hear from the department and the fbi and that is, i think, a deeply regrettable state of affairs. You read the memo, the president will share with doj and department and fbi as part of his review for National Security equities but when you read the memo, it would be hardpressed to argue that we are defending anybody. Maria joining us right now fox news Senior Analyst judge Andrew Napolitano. Judge, good to see you, thank you so much for joining us. Good morning, nice and warm here in the studio in new york. Maria we are cold, we have gloves on. Let me ask you, judge, i dont understand adam schiff, is he not concerned about the bias that has taken place at the top of the fbi, he acts like it didnt happen . Well, here is what i think adam schiff is complaining about, the memo which i cr criticized the House Intelligence Committee has been sitting on, they should have showed to congress which shows abuse of fisa, abuse of raw Intelligence Data for political purposes or political motivations by the nsa and fbi. The memo was written by three republican members of the committee with a republican staff. When it became apparent that this was going to be revealed congressman schiff who is the ranking democrat on the committee with one or two other members to have committee and democratic staff wrote a counter memo, both memos purport to come from the same raw Intelligence Data. Isnt it interesting that one sit of eyes can interpret raw data one way and another set of eyes can interpret raw set of data the other way. Congressman schiff said lets release both memos. The majority of the committee which is heavily republican in accordance with relationship voted to release the republican memo. When it became apparent that the republican memo was going to be released, the Justice Department said, dont release it, it contains National Security secrets. Of course, it turned out that nebraska in the Justice Department had seen the memo, so in order to remedy that, fbi director Christopher Wray on sunday afternoon, two days ago went to house intelligence volt and examined the memo and examined the data underlying it and was asked by staffers, can you tell us what would reveal National Security secrets in here, he said, i dont know, i need some of my people to look at it. But whatever he saw, he decided within 12 hours that Andrew Mccabe had to go. So we can pretty safely conclude that whatever is in there Andrew Mccabe plays a prominent role in it. Maria of course, we learned that the Deputy Director, mccabe steps down from his position cristfir, you have a question. Good morning, judge. Im wondering, schiff has been hitting back before democrats have, but everyone has been allowed to see nunes memo before potentially releasing it. Most republicans havent been able to review the schiff, dont worry, we will release your report after everyone has had a chance to look at it. Its fairness to the democratickism here that republicans only releasing one side . Probably not. The democrats crafted their memo when they learned the release of the republican memo, look, i have argued that the American People should not be treated as children, we are entitled to see the raw data from which these two memos were drawn so that we can make our own conclusion. The government exists by our consent, the Government Works for us, we have to know who in the government broke the law, who in the government knew about it and who in the government looked the other way. I dont think the memo will tell us that, each one tell us a different version. Jon judge, you said the raw data should be released, what about the argument about National Security secrets . Is that an argument against releasing the raw data . Maria whats so clandestine thats in there . You can redact certain proper names and a couple of words if you have to protect sources and methods, but in terms of republicans look at this raw data and say, the fbi is corrupt, democrats look at this raw data and say, the president is wrong, the fbi is doing its job, we should be able to make that decision for ourselves. Maria absolutely. Yeah, we will see. Judge, thank you. Youre welcome, guys. Maria we will see you soon, judge napolitano. President trump gearing up to deliver first state of the union. Former dnc chair Donna Brazile will weigh in as democratic lawmakers will boycott, thats next. The new concerns from Child Development experts that youll need to know about. Back in a moment the great emperor penguin migration. Trekking a hundred miles inland to their breeding grounds. Except for these two fellows. This time next year, were gonna be sitting on an egg. I think were getting close make a uturn. Uturn . Recalculating. Man, we are never gonna breed. Just give it a second. You will arrive in 92 days. Nah, nuhuh. Nope, nope, nope. You know who im gonna follow . My instincts. As long as gps can still get you lost, you can count on geico saving folks money. Im breeding, man. Fifteen minutes could save you fifteen percent or more on car insurance. Whos the new guy . They call him the whisperer. The whisperer . Why do they call him the whisperer . He talks to planes. He talks to planes. Watch this. Hey watson, whats avionics telling you . Maintenance records and performance data suggest replacing capacitor c4. Not bad. Whats with the coffee maker . Sorry. We are not on speaking terms. Whats with the coffee maker . A trip back to the dthe doctors office, mean just for a shot. But why go back there, when you can stay home with Neulasta Onpro . Strong chemo can put you at risk of serious infection. Neulasta helps reduce infection risk by boosting your white blood cell count, which strengthens your immune system. In a key study, neulasta reduced the risk of infection from 17 to 1 , a 94 decrease. Applied the day of chemo, Neulasta Onpro is designed to deliver neulasta the next day. Neulasta is for certain Cancer Patients receiving strong chemotherapy. Do not take neulasta if youre allergic to neulasta or Neupogen Filgrastim . Ruptured spleen, sometimes fatal as well as serious lung problems, allergic reactions, kidney injuries, and capillary leak syndrome have occurred. Report abdominal or shoulder tip pain, trouble breathing or allergic reactions to your doctor right away. In patients with sickle cell disorders, serious, sometimes fatal crises can occur. The most common side effect is bone and muscle ache. So why go back there . If youd rather be home, ask your doctor about Neulasta Onpro. Announcer here again is Maria Bartiromo with a special edition of mornings with maria live from washington, d. C. , for President Trumps state of the Union Address. Good tuesday morning, everybody. Welcome back. Im Maria Bartiromo. It is tuesday, january 30. Top stories right now 7 30 a. M. On the east coast. Historic night on hill President Trump will take the podium in a few hours, for his first state of the Union Address. He will likely taught booming economy low unemployment paving the way for from your plan i spoke with omb director Mick Mulvaney about what a to suspect. You are going to see upbeat very positive speech, he is going to start to reach across the aisle a little bit we will talk about the sections that we have had past year i think one thing that people sort of ignore about the Government Shutdown was political angle last week happened over anniversary of the inauguration i still convinced democrats did that in order to deny the president , sort of that forum to talk about what a great first year the administration had you see a little bit about that. Maria president of deliver address 9 00 pm eastern fox business will will i live coverage full coverage before and after markets of a biggest losses of the year dow industrials yesterday, dropped 17 points concerns over higher Interest Rates futures pointing to selloff to look, as memorandum on downside is continuing, this is a low of the morning right here, appellanted apple under pressure the story earlier journal report that apple will cut production of the apple iphone x almost in half, dow industrials down 220 points almost 1 nasdaq down half of a percent, 30 points lower s p 500 down a half poorz 13 appoints lower right now earnings a focus on wall street, mcdonalds earnings before opening bell aetna beat expectations profit and revenue still down on news jpmorgan amazon Berkshire Hathaway will team up to tackle improving Employee Health care. Aetna down 3 right now in europe similar stocks lower across the board, ft 100 down twothirds of a cac quarante down one half of a percent dax in germany down twothirds of a percent in asia following u. S. Lower declines across the board worst japan nikkei average down one one and one half . Experts urge facebook end app for children, we have to go the the details coming up, tom brady not bitter superstar response to radio host went after his fiveyearold daughter in an endure, plus america neighbor goes to hollywood, mr. Rogers is hitting the big screen he laerjdz actor set to slip into tv icon speakers sneakers sweater in movie, first top story this half an hour, President Trump, set to deliver his first state of the Union Address a broad agenda for the coming year immigration, infrastructure, trade. A growing number of democratic lawmakers say they plan to boycott the president s state of the union, joining me right now toaway in in washington, former dnc chairwoman, about author of health cares Donna Brazile with us great to see you. Good to see you now congratulations on continued success of your book. A great book, i i just want to say to all of you, your viewers out there, ive gotten a lot of great feedback i hope people have an opportunity to apply for valentines day, there is always a long island. There is, donna i want to ask about state of the union what you are expecting tonight, about is it appropriate for a democratic lawmakers to boycott state of the union in your view. There is a handful of democrats, as a matter of to try to debate will not show up at the event, i respect their decision not to show up. But you know what is important tonight is that the president has an opportunity to talk to all of the American People, not just the democrats and republicans, and independents in room but American People still worried about this economy they know it things are booming they want to feel it in paycheck where they live, where they work so i think that is the focus tonight, not on those who will not attend, it is the focus is on the American People. Maria jea but i mean the democrats are going to have to explain why boycotting, at a time that we are seeing, an impact to their lives that we are seeing the economy do well, i mean, they voted no for tax plan, about going to have to explain that they shut down the government, probably, partlyyear anniversary of inauguration. S republicans have control both houses democrats cant shut down much of anything even their own door i respect members think about some members who Frederica Wilson great state of florida not attending believed the president insulted haitian community, tonight the focus on President Trump, agenda for the American People, can he deliver will the tax cuts trickle down to average americans to lift wages, that is the focus. What do you think after his agenda so far . Well you know, if i was reviving the president i am not, Kellyanne Conway is i would advise him focus on infrastructure he should have focused on strengthening the economy where people live where they work, that is important thing, infrastructure. I dont support the efforts to derail obamacare because i believe ever american deserves a head start a healthy start i think the president needs to focus this year on working with dmaths and republicans, to come up with Bipartisan Solutions to avoid another Government Shutdown also to raise debt ceiling, look, the concern now not just United States but around the world, is our politics the politics of the divisionporization, can we come together around common sense issues the president can show leadership, if he can take a script from Ronald Reagan work with democrats, on immigration comprehensive Immigration Reform, then president may have something to say next year. Sknt it true though that he isnt it true trying to that talking infrastructure seems the left does not want any agenda to get executed so they are going to push back push back why they shut down government. You know, i think what progressives want from this president , like they wanting from president obama, is an opportunity to make sure that we have an economy that works for everyone, not just those at the top. Well, look the president will have to be held accountable not just to his policies but also performance in office, but this is an opportunity the state of the union an opportunity to talk to American People, about his vision, about his progress, also the challenges the country faced in coming months and years. By the way, we also ins, that Ruth Bader Ginsburg is not showing up for state of the Union Tonight. Supreme court justice. During president obamas tenure two years ago, we had republican we had Supreme Court justices i dont want to focus on one or two people or 12 people who may not show up, way want to focus on millions of americans who will tune in tonight to see if this president has an agenda that will improve their lives, raise their wages, and make sure that their children can get the kind of training education they need to succeed in the future. So far looks like at a is what he is doing, right. I think president has a lot of challenges i would hope spend tonight not looking at base not at last election or next election, focus right now on American People, American People only have one president at a time. Let me ask you this the American People care about rule of law fbi number two stepping down amid intense scrutiny Andrew Mccabe abruptly left his post yesterday faced krim over Campaign Contributions for five povrs failed state senate bid from longtime friend to clintons former Virginia Governor mcauliffe, two top firms strzok and page sent negative Text Messages about donald trump are you concerned about what has outsider bias coop of the fbi. I am a he former federal employee worked with many, many people within the fbi, other federal institutions, i respect their service to the country i respect the work they are doing on behalf American People, to keep us safe and secure prevent crime, there is so much to unravel from all this things going on, whether release memo or socalled emails i dont have context of everything here is what i want to say about mr. Mccabe he told the president when president said did you vote for me did you vote wafer what he said i did not the vote voted in primaries republican primary not democratic primary i dont payer did partisan views i care about him doing his job decided to retire the wish best of luck. The bias we have seen obviously at Democratic National convention i was there i watched as emails Debbie Wasserman schultz first came out, and it was clear, that she was protecting hillary and doing her best to get Bernie Sanders out of the picture. She is forced to step down immediately democrats got in line to come up with idea of a russia probe investigating donald trump and have potential collusion between trump and russians we have no evidences whatsoever yet. You know, i hope that we continue to to have hearings coincident inquiry debbies emails were not hacked staff of dnc he emails were hacked, and as former intimidate chair Democratic National committee i take personal responsibility for working with federal officials to improve relationships so that we can get to the bottom of them what happened, do the Democratic National committee. You make a really good point want to get to the bottom of it democrats nevermanneded over computers to fbi cia to investigate what happened private company we did, as director comey said last june in a Company Provided the information and we made. Why not just let u. S. Government do it why not give it to fbi, cia our agencies . Now we. You want a private company to do it. We wanted it was a company that was led by somebody used to work for the Justice Department, so we made sure they received everything they needed, everything they needed to complete their investigation, look. No american should face harassment from a Foreign Government trying to interfere in elections Democratic National committee victim of a accrue i am. Lets that has nothing to o with donald trump. We dont know. Russians we know what we dont know from special prosecutor muellers team no evidence of it. That is what we know. There is evidence intelligence agencies that russians did interfere in our elections. They generally and they have been undermining United States to weaken dmos in 2016 tried to dis credit Hillary Clinton, remember 11 days before election, it was director comey said, about Hillary Clinton was under investigation not donald trump, i dont want to get into i am not looking back, i want to look ahead this is what i look ahead to an election that is free from any foreign interference i want to look ahead to election, where we can be confident there is no one trying have to hack into our system. What is Hillary Clinton doing right now. I know. Campaign manager sayings clinton personally overruled recommendation to fire top Campaign Advisory accused of Sexual Harassment clinton kept him on despite allegations do you think Hillary Clinton made wrong decision . How many the other women have he sexually hurt. As you well know mrs. Clinton recently acknowledged that she reached out to the woman again, i was disappointed when i heard that this individual was not representmaned reprimanded more i focus on future make sure our workplace is free of enhancement of any individual. Donna thank you so much. Pleasure. Donna brazile joining us. Well be right back. Thank you. Successful people have one thing in common. They read more. How do they find the time . With audible. Audible has the Worlds Largest selection of audiobooks. For just 14. 95 a month, you get a creditgood for any audiobook. And you can roll your credits to the next month if you dont use them. Audible members get free, nohassle exchanges. And use the mobile app to listen anytime, anywhere. Start a 30day trial and your first audiobook is free. Listening, is the new reading. Text audio 7 to five hundred five hundred to start listening today. Rescue in michigan a sheriffs deputies saves teen from burning car Cheryl Casone cheryl it was caught on tape to look at dash cam video the deputy pulling driver through sunroof after car flipped on side burst into flames, in a wooded area. Get out. Here get away. Yeah. Oh. Come on. Out of the car, trying to drag him away from the fire. You see the whole scene right of screen watching this, 1yearold driver may face charges on suspicion drunk driving. The wall street journal report this morning that apple slashing iphone x production in half First Quarter 2018 accuse of low demanded initially planned 40 million iphones xs before march 21 now 20 million, apple is going to offer first report on iphone x when it colkoel comes arranges thursday iphone x has big price tag starts around 1,000 dollars we will find out apple shares are down, and premarket more than one 1 4 percent right now. Took under pressure to shut down app for kids messenger for kids sent a letter toe zuckerberg arguing kids too young to have social media was the, also highlights potential problems for kids when they it comes to online relationships privacy issues sharing photos the parents do have control over the messenger kids app no ads, Facebook Says used he Online Safety experts to help develop the app. The story in life of mr. Rogers, coming to the big screen bigname actor signing on. The o my neighbor wont you please wont you please my neighbor. Tom hanks going to play rogers in movie you are my friend focusing on rogers real life relationship with journalist to write a profile about him finds specifically trans formed rogers capivated kids in trademark cardigan sneakers host of mr. Rogers neighborhood more than 30 years fred rogers died in 2003. Great story, coming up tom brady playing nice the surprising response from the quarterback, after a radio host made a disparageing remark about his fiveyearold daughter back in a moment. Oh good, youre awake finally. Youre still here . Come on, denise. Were voya we stay with you to and through retirement. With solutions to help provide income throughout. I get that voya is with me through retirement, im just surprised it means in my kitchen. Oh. [whispering] so that means no breakfast . I said there might be breakfast. I was really looking forward to breakfast. I know. Voya. Helping you to and through retirement. Maria updates Quarterback Tom Brady responding after a boston sports radio host made apple disparaging comment about bredas daughter jared. Good morning, discussing a scene from Tom Brady Facebook series tom versus time, host alex on weei said this thursday. I thought the first scene was so staged brady like in the kitchen, kids being annoying little suspended but should he face more punishment yoda do a what nfl calls super bowl opening tonight tom brady said no. I didnt hear much you know about it but i didnt i didnt get into it too much. I just said i certainly hope guy is not fired. That is i would hate for that to happen. Aboard luxury librarian aircraft from rely to minneapolis look who is leaving Los Angeles Blake griffin going to Detroit Power forward for l. A. Clippers opponent all nba seasons with eclipse goes with johnson, gets first and second round back with other players. Cleveland indians Baseball Team chief is being retired in 2019 indians no longer feature the caricature of native american on uniforms been removed from caps now will remove from from stadium signage dont disappear entirely logo still sold at shops inside Progressive Field also at retail outlets. Maria all right jared thank you jared max catch sports reports on fox News Headlines 247 on sirius radio in first state of the union House Majority leader caffeine mccarthy will weigh in next hour right here mornings with maria. Announcer live from washington, d. C. , for President Trumps state of the Union Address, here is Maria Bartiromo with the special edition of mornings with maria. Maria good tuesday morning, everybody. Welcome back. Im Maria Bartiromo. Thanks so much for joining us tuesday, january 30, top stories right now 8 00 a. M. East coast President Trump hours away from first state of the Union Address, House Speaker paul ryan previewed speech with fox friends host. I think you are going to hear kind of speech most president s hope to make wish they could give which is we are doing well with a lot of things accomplished in 2017 unemployment at 17year low, economic another 17year high we overhauled tax system first time 31 years president is able to talk about a lot of great things he got done. Maria we will have full coverage analysis state of the Union Tonight President Trump takes podium 9 00 pm eastern, before and after analysis, markets selling off this morning futures, indicating a sharp selloff start of trading now at this is the low of the morning right here, down 250 points on dow that is 1 lower, nasdaq, s p 500 down, one half of a percent apiece. United health aetna sliding jpmorgan amazon Berkshire Hathaway this morning announced they will team up, on a new Health Care Venture an then down 5 , the major detections pulled back yesterday, all down better than half foovrz as you can see the worry was higher Interest Rates, about that cut into the market gains down twothirds of a percent on dow a half percent on nasdaq twothirds of a percent s p, in europe this morning declines across the board, despite news on the eurozone economy, the eurozone economy grew 2 1 2 last year the best performance in a decade. Nonetheless markets down across the board. In asia overnight, markets there following the u. S. Lower ornt, declines roughly 1 across the board, worst japan nikkei average down one and one half percent aetna, making Major Investments due to tax reform, exxonmobil announcing it will spend more than 50 billion dollars, in United States, to expand business, thank you. Yet all this good news for American Economy, still not enough, for nancy pelosi. She is insisting tax cuts are a threat to the economy. She is calling them a dark cloud. Now republicans are firing back, mcdonalds earnings hitting wire fastfood giant betterthanexpected earnings and revenue stock nonetheless down a fraction, this morning, on mcdonalds, joining the conversation this Morning House Homeland Security chairman texas congressman is mccaul head of small Business Administration linda mahan Stuart Varney will weigh in this hour, first this top story President Trump set to deliver his first state of the Union Address, tonight. He will outline broad agenda for coming year we would told immigration infrastructure and trade. A growing number of democratic lawmakers say they plan to boycott the president s state of the union, joining me right now to weigh in in washington, House Majority leader congressman Kevin Mccarthy of california good to see you. Thank you so much for joining us this morning looking forward to hearing the president tonight, what can we expect, what do you think will be his priorities . Well, of course, he will talk where we are with tax, i hope he asks the question Ronald Reagan asked are you better off today than before he was the president , because just that simple question lowest unemployment 401 k Retirement Plan, look at tax plan every morning we hear something new, all one in three million americans gotten bonuses from favorite story young salon owner, for a decade never been able to 2k3wi6 bonuses gave all 12500 dollar bonuses one used it to help pay off her hospital bill for having fourmonthold child, one fixed only car they had real stories. The windfall continues a moment ago reported exxonmobil says plans to spend 50 billion dollars expanding in United States over next five years, it said investment was enhanced result of tax bill nancy pelosi however keeps slamming the tax bill and impact she called the bonuses crumbs earlier this month listen. The tax bill is really the dark cloud that hangs over the capital, no class 86 million middle class families paying more in taxes as a result of this bill in terms of of the bonus that Corporate America received versus the crumbs that they are giving to workers to kind of you the the schmooze on is so pathetic. Wow, pathetic reaction . She seems such he elite fifth that process, but you know what do is she say to south here a little colder people in baltimore going to have elect electrical littles lowered not only getting bonuses electrical bills going lower starting this month, people getting more in 35 check case withholding standards are different i dont know where nancy is coming from if they thinks 1,000 dollars is not big deal to my constituents it is a big day he will. 20 Million Dollars you raised in 2017, what do you need to do to position yourself best going into the Midterm Elections obviously the democrats need a plan, and need a message, she is resisting that is the case what you are expecting into 2018 midterm what can you do other than raise more money in terms of putting the party in a better light. What nancy is hoping on history says, the party in power meaning party has white house, on average, losses 29 seats in the house we have 24. Two times mooed idern history didnt come through she got all democrats to vote against tax Plan Health Insurance plan shut government down i dont know American Public is going to celebrate this when you look at unemployment lower, you look at the va, we changed comi. I bill only for 15 years or lose it now for a lifetime, i think we run on our record, i think we will do quite well, but you dont pass legislation just the idea for an election, you pass to it make the crunch better you see what she is trying to do just kind of chaos, wants to hold them hostage, we are sitting we had a negotiations yesterday bicameral bipartisan in office with white house secretary homeland to solve this daca we want to solve it you got to give president credit he put a framework out there, that actually went further than anybody thought would it do would solve the problem once and for all democrats walked back who really wants to solve the problem. They will have to answer why they voted against tax plan they will have this to answer about Government Shutdown a moment ago Mick Mulvaney on said no surprise they wanted to shut down government exactly one year from the president s inauguration, that was totally timed to sort of cloud the the notion that the president has all successes bush pac you guys are in charge youve got the majority in the house, senate and presidency so what do you say to those people say the democrats shut government down Donna Brazile came on said democrats cant shut anything down they are not in charge. That is a dirty little secret that is not true because what happens in the house is simply majority, so we pass the funding bill, democrats and nancy pelosi work to members vote no in senate takes 60 votes we have 51 members always takes democrats to pass anything why why are Democrats Holding up appointments why holding up funding for military men and women why vote against childrens Health Insurance going to shut down seven states . They dont care. They wooptdz to president to try to look back bad blame him i think American Public smaefrt than that know how Government Works it six 60 votes in the senate, and they are the ones holdings it will up once they start being called the schumer shutdown he shifted, and think about what did they open government for exact same policy they shut down over, except shortened it to one week. In terms of conflict of interest resistance what are you going to do you are talking about the next big piece of legislation possibly, being infrastructure package, right is that accurate. That is accurate. Okay, so what do you do if you dont have help on the other side if they keep resisting resisting. They didnt help with demonstrator didnt want to help with va Childrens Health we keep working good for the kin, weve got opioid crisis, going clear across the country we feed to solve that, infrastructure, problem we know where roads are more importantly, what should america look like 50, 100 years from now we want to be able to expand there as well there are a lot of areas, we still have a lot of work to do if they dont want the help, play politics get out of the way let us solve the problem. Next couple months going to be all about that some republicans firing back, the American Action eric in, n network targeting comments. Congress couple passed historic middle sided tax cuts saving ,000 for middle class families nancy pelosi calls it the worst bill in the history of United States congress. 300,000 new jobs, will be created. Tax bill is armageddon. Bonuses Better Benefits for millions, pelosi called crumbs giving to workers. Tell nancy pelosi she is wrong the middle class tax cuts are working. It is so pathetic. Maria we wondered how much this is going to resonate with voters she wants the majority. Package imagine she would be spoke think where market is bonuses electrical bills lowered we are better off because of Trump Administration, i think people will see that in the end of the day i think going to have to make a choice come november do they want to go back to tired ways of nancy pelosi do they want more chaos . Do they want to just hijack government or build a future for children something bigger and better. Skwich gears to a the republicans on House Intelligence Committee last night voting to release a secret o memo accusing sr. , fbi officials involved in russia probe of misconduct the president has five days to decide if should be released, what do you think congressman should this see light of day should public see exactly what was written in that memo. I believe so, i have read the memo understand what is going on here, they have been doing their own investigation, and rightfully so remember what what government is separate coequal branch a reason Intel Committee was created to check and balance especially when it could emphasis to what is happening in cia, fbi, others. They uncovered, some incidences so i believe the public should see it, they took the vote to let members read first then met with fbi to make sure nothing in there should not be, now released it the democrats never wanting to you see this then schiff comes and says well ive got a memo. The members have never read that authentic gone to fbi others to let them look at memo, and he is really playing politics, heh he never wanted any memo to come out republicans treating them so much better than he would treat anybody else, what is if you are a role is separate but coequal we have a duty responsibility i think public should read this. Memo basically showing what went on top of the fbi, in terms of in terms of abuses we know that Deputy Director mccabe stopped down an intense amount of scrutiny around that abruptly lowest post yesterday faced criticism over Campaign Contributions for wifes failed state senated by longtime friend of clintons from Virginia Governor Terry Mcauliffe revelations two top officials strzok and page sent negative Text Messages about President Trump is that basically in this mo em. Cant talk about the memo. Okay. Got to let president decide whether it can be released or not really talk about texts think about this you have individual high up in doj wife fired by fusion, just to work on the russian portion, he withholds that information, is in meetings, then you have a person not just fbi agent, but somebody a part of investigating Hillary Clinton and in Mueller Investigation the independent council that found this going on between texts and giving their own personal philosophical beliefs upset the president has won, they talk about certain things anybody in america should at least take those texts say wait a minute two people in the right place could actually influence something that goes on, now youve got all other investigations that they do something to cause that. Thank god for the Inspector General in terms of horwitz work he came out with all information in texts to indicate to us what was going on behind scenes. Had he not done that he would still be working in the fbi, on the mueller investigating the president today, it was not mueller said i found something get rid of it was Inspector General found texts, and very very interesting how those texts that came on after the election were lost, not being able to be found now doj can find them. You think we will see those texts as well . The idea that these two were talking about insurance policy, is the insurance policy this wholly russia probe. You dont know, but does that not the least raise enough doubt you want an answer to that question . Look, it wasnt to me whoever won president i want my government to be trustworthy honest to be open, so whoever did this regardless of the outcome, i dont want to people in certain high places there are greats individuals doj and fbi few should not but in a position of power to change outcome. Sounds like they abused that power. Yes. Majority litereader kevin mcewen. Mccarthy. We will talk about congressman Michael Mccaul stay with us. Then at your next meeting, set your seat height to its maximum level. Bravo, tall meeting man. Start winning today. Book now at lq. Com welcome back nearly 400 people subpoenaed in saudi arabia yint corruption crackdown. Says 381 i didnt describe subpoenaed 56 in custody this morning also say yint corruption settlements toltdz more than 100 billion dollars, this what is the country mohamed said during your interview in october, about in saudi arabia. Saudi arabia has was not like this, prior to 79 saudi arabia entire region, you have awakening projects, for many reasons, today is not the right day to discuss them, we were not like this in the past. We only wanting to back to what we were, the moderate islam that is open to the world, open to all the religions. Wants to reduce depends on oil diversifying the compromise i. Tickets for President Trump first state of the union sent out but just one problem. Many take a look at this, marco rubio pointing out a typo says the address on state of the uniom with an m. One asked what network, had fun tweeted Still Holding out for state of the great chemistry state of the union it is radiotive if curious a supermoon blue moon lunar clips at the same time blue moon when two full moons happen same calendar month this is second one january monday blood moon passing between moon and sun moon looks red like right there the supermoon when moon is at closest point to earth bigger brighter big and brighter red, according to nasa times to see it in time zone east coast, 6 48 a. M. Central time from 6 15 to 6 30 mountain time, 6 30 lock out west 4 50 a. M. You and dagen going to really get a really nice view i hope, from where you are because you are going to be on the air. Good thank you very much, i am glad we know the exact time my husband texted me when john asked the question what time is best time to see the moon i said at night 6 48 a. M. Cool. You get results the numbers hours and minutes. Said dagen and i will be here tomorrow we will get a good sneak peek. Taking photographs tweeting them. You know it. You love taking photographs of moons. Moons, and sun rises sunsets. True at the beach i like it a lot. True we will take a break when a we come back about trickledown effect of President Trumps tax bill the head of the small Business Administration is here will weigh in impact for Small Business owners jpmorgan amazon Berkshire Hathaway teaming up on Health Care New plan to lower comforts improve satisfaction taking a toll on Health Care Sector stocks falling out of bed this morning, back in a minute. Its America Liberty mutual stood with me when this guy got a flat tire in the middle of the night. Hold on dad. Liberty did what . Yeah, Liberty Mutual 24hour roadside assistance helped him to fix his flat so he could get home safely. My dad says our insurance doesnt have that. Dont worry i know what a lug wrench is, dad. Is this a lug wrench . Maybe . You can leave worry behind when liberty stands with you™. Liberty stands with you™. Liberty mutual insurance. Today, innovation in the finger lakes is helping build the new new york. Once home to the worlds image center, new york state is now a leader in optics, photonics and imaging. Fueled by strong university partnerships, providing the worlds best talent. And supported with Workforce Development to create even more opportunities. All across new york state, were building the new new york. To grow your business with us in new york state, visit esd. Ny. Gov. Ahead ahead what president will say in remarks i do want to make an announcement about one of the most interests guests in first ladys box steve, and cindy these started manufacturing 20 years ago, thanks to trump bump in economy able to grow to new heights in 2017, and thanks to the trump tax cuts able to give all employees larger christmas bonuses. Sarah Huckabee Sanders highlighting two special guests of first family President Trump National State of the Union Address inaugural state of the Union Address. Linda mcmahon thanks for joining us a good story, Small Business owners want to hear from the president tonight, what do you think is most important from Small Business today to hear from the president. I can tell you i have been touring the condition on sba ignite tour talked to offer 500 business owners, toured business they wants to hear tax reform was going to happen happen to sea regulatory rollback a difference for them now that tax reform is a reality, here to excited about being able to invest in their businesses, growing them, producing more goods and services, just a really good story, for them. This is the really big deal when you go from a tax rate, of close to 40 , to 21 , that is got to be Game Changing for Small Businesses. It truly is Small Businesses you know come in 25 cap but i can tell you that most Small Businesses Median Income for Small Businesses is 70,000 dollars, so when you look at the new tax brackets, most paying about a 6 to 7 tax rate, that is a really big boost for them, they get to deduct 20 , from tax revenue passthrough company, so all are really positive messages for Small Businesses. Sure is talking about ceo of Jpmorgan Jamie dimon i asked how do you get more lending to smaller businesses with lower fica scores what is the answer to unleash more lending in this country. A one of the reasons sba exists we guarantee loans dont make loans guarantee, therefore so are foem banks on edge riskier business that is where it comes in able to under write that so businesses can continue to grow, and i can tell you that, first fiscal quarter this year, quarter over quarter from last year and our primary Lending Program we are already up 20 , which Shows Optimism in the market for new startups. Characterize the environment for us if you will, from a Small Business standpoint, in terms of loaneding in terms of sxherism what are you seeing consumerism. Small business want to start hiring more people ability to write down cost new equipment know if they need new oven in restaurant or computer equipment just really looking forward to being able to reinvest. Health care obviously has been one of the biggest pressures for business, big and small, by the way. And now we see that the tax bill did a little to alleviate that but premiums are still going up. What is the answer to really get your arms around the cost of health care, for small and medium sized businesses. I am really encouraged by the rule that secretary acosta from labor put through Association Health plans allowing Small Businesses to again form associations, at the might be in same industry or geographic proximity for the first time soul proprietor counts as Small Business to be able to enter that Association Market prices will bring town costs j morgan announce partnership with Berkshire Hathaway with amazon to try to do something about Employee Health care. What do you think are the answers in terms of really moving the needle on lowering the cost of health care. Well i think Association Health plans going to be really good, but you know if we could put through again, our Health Care Reform President Trump is going to bring around where we will have more open market to bring down cost of premiumss when you can buy insurance across state lines like for automobile insurance, and it is it is the marketplace that will drive down those prices so i am looking forward to us coming back around to Health Care Tax reform. Mick mulvaney said probable not in cards this year, but after the Midterm Elections any other policies you are working on that you think could be rally game he changers in terms of Small Business where job creators are. It is i can tell you big push for sba Women Entrepreneur last year guaranteed loans 500 Million Dollars more than year before women own you know, they are almost majority im sorry, they are about half of the jobs in this country womenowned businesses, and contribute 1. 7 trillion dollars to the economy, so we really want to encourage women and that is one of our big pushes sba, and getting more into the Rural Community on line lending working with, secretary perdue on Rural Development policy pushing through what administration would like to see. Terrific we will watch results that have. Thank you. Administrator Linda Mcmahon good to see you thanks for joining us fox business full coverage of president state of the union 9 pm eastern live coverage before and after address department Homeland Security murders michael k e measures break down numbers markets down 350 points a selloff start of trading 250 points down Interest Rates creep higher back in a moment. Oh good, youre awake finally. Youre still here . Come on, denise. Were voya we stay with you to and through retirement. With solutions to help provide income throughout. I get that voya is with me through retirement, im just surprised it means in my kitchen. Oh. [whispering] so that means no breakfast . I said there might be breakfast. I was really looking forward to breakfast. I know. Voya. Helping you to and through retirement. Announcer here again is Maria Bartiromo with a special edition of mornings with maria live from washington, d. C. , for President Trumps state of the Union Address. Welcome back. Good tuesday morning. Thanks for joining us he i am Maria Bartiromo. It is tuesday, january 30, your top stories right now, 8 32 east coast missing night on hill, President Trump will take podium in a few hours, for his first state of the Union Address, he will out to successes like booming economy, and low unemployment, paving the pay for infrastructure plan i spoke with Kevin Mccarthy about what he wants to hear. I hope he asks the question Ronald Reagan asked are you better off today than you were before he was the president , because just that simply question lowest unemployment, look at everyones 401 k Retirement Plan the tax plan, every morning we hear something new, all more than three million americans have gotten bonuses. President will deliver degrees tonight fox business bringing full live coverage before and after speech join us for special coverage, markets selling off this morning, coming off the biggest losses of the year yesterday, and selling this morning dow down 177 points concerns over higher Interest Rates, futures pointing to another selloff this morning, at opening of trading, we are off the worst levels but, nonetheless, talking about a decline of 200 points right at outset, Health Care Giants hardest initiative United Healthy to shave 100 points off dow jpmorgan amazon Berkshire Hathaway announced plans to team up to improve health care all Health Care Stocks ensures down across the board, on that news, down 7 and a third in europe more selling there as well, european indices lower across the board today, with fts 00 down twothirds of a percent cac quarante down a half foovrz the dax do you have any one half asia overnight markets followed u. S. Lower declines roughly 1 across the board, with japan, the worst performer, earnings in focus on wall street, about mcdonalds beet expectations profit and revenue down 1 , nonetheless, earnings driving the story, all eyes on technology, later this week, facebook microsoft, google amazon apple, all set to report earnings, wednesday and thursday, we have breaking down the expectations this morning, first, this top story this half an hour, hand vetting gst announcing new rules for refugees from 11 countries seeking asylum in i wouldnt owe states, agency did not name countries but Homeland Security secretary says the new security screenings will quote make it harder for bad actors to enter the country through the Refugee Program joining us right now house Homeland Security Committee Chairman texas congressman Michael Mccaul good o the ski you mr. Chairman. Thank you so much for joining us we hear wind tell us what you are trying to do reaction to this in terms of of the voting of the refugees. I sounded alarm about Syrian Refugees coming into country under president obama dni fbi director secretary homeland warned mean they couldnt be properly vetted were a risk to American People, so i am glad to see now that we have a president and secretary, who is willing to ramp up the vetting procedures on individuals, before they come into United States, protects the American People very common sense, we are very generous country you dont want refugees from probably one of the hottest spots in the world where isis used to control and govern into United States without proper voting. We should pointed out isis is largely on the reason i;is that right . This is the other i think the president should talk about a couple things one is Kevin Mccarthy talked about this tax cuts priming the economy bonuses you know three million bonuses now exxonmobil 50 billion dollars investment in United States, but should also i think very strongly talk about i saw the rise of isis floor my chairmanship six years president at that time obama did visual virtually nothing to stop this in one year unleashed generals defeated crushes caliphate, in iraq and syria that is really not talking about enough. How did he do that so he just gave the power back to the generals to make decisions. He did i think president o didnt have a whole lot of interest, he called it the jv team i did i saw threat into nation he targeted them with courage delta forces we put over there, to do it, i knew we could do it, we have greatest military on earth we had a president didnt have political will, now we do. Wow. Congressman when president says tonight on immigration is going to be very important, too. Divisions among republicans about how to go divisions between republicans and democrats are we are going to see a deal on immigration between the Republican Party and democrats, and, if so, what is it going to look like . I hope so chairman goodlatte and i introduced a bill in the House Majority House Republicans support, i know the president is negotiating with senate on another detail i know secretary yesterday how can we get house and Senate Versions together i think the four pillars, that we talked about when i was in white house weather president Board Security first and foremost my bill chain migration deal with that lottery, really makes no sense if you go to new york, the two latest terror attacks in new york came out of chain migration and lottery system finally what is daca fix going to look like. You are seeing republicans coming over the fact we have to fix daca, the question is citizenship and other issues i have a followup to that though, there is one thing you didnt mention in those four pillars that is individuals overstaying toughests who overstay visas come to this country 40 Illegal Immigrants are people just yefr staid visas, overstayed visas according to white house was nearly threequarters of a michigan million medium wound up being Illegal Immigrants into this country, students with economy as good as it is makes it potentially even greater problem for the United States, with this happening, what are you going to do about it. Excellent moint how hijackers got into United States came in legally overstayed visas pulled off 9 11 you are demonstrating why so important you are correct 40 we talk about southern border, but 40 of illegals come in legally, and overstay in my bill we have u. S. Exit program a 9 11 commission recommended. What the government still hasnt acted on; right . It . You we need to pass the bill dagen right. Funding important as well our bill does provide funding to make this happen, once and for all, because we dont know when they overstay we dont know that all the time dont know when leaving excellent point. Sanctuary how possible certain cities able to blow off federal law protect illegals whatever the cost . Well, in you know, i was a federal prosecutor when ice detainer on somebody because kaserving out of term or you know had a criminal case in fronts of them, the fact that some local Law Enforcement would not work with federal Law Enforcement when there is a did he container from federal government is a defiance we say if you are not going to work with federal Law Enforcement, and follow federal law, then we will not give you federal funding. That. I come back to four pillars that you were talking about can republicans conservatives get onboard with daca deal can democrats get onboard with a chain migration deal do you think there is room for everybody to get together on. I thought the president made a very generous offer, to the Senate Democrats, and some of them balked at that i am eternal smo. This optimist one of the most challenging negotiations i have seen the president handled have himself like ceo of a boardroom acting in a very you bipartisan way trying to bring both sides together house and senate we will see, i has what is your i have to go through Conference Committee on this, you know we do have a deadline, that is in march from daca program, expires, so it has pressure on congress, i i am i still remain optimistic because the president showing leadership on the issue. He is coming up with solutions, go ahead christopher. One was the things that you have been a Board Security guy also inevitably with at a a mix tr of technology, walls, one of the things that is issue in your state, a lot of of that goes to private property. Yeah. How is the committee and dhdhs interacting with that how to get wallability alamo to rite to private land. Dravd in my bill president talked about this natural barriers big bend a huge cannon natural bair may be concrete levies creative ways to deal with that 2000 mile wall would be physical as well fulfill barricades a wall where it makes sense doesnt make sense in some areas on border, i think the president starting to understand that, and in my bill, we plt secretary take that into account. What about this 75 Illegal Immigrants including 1 children discovered crammed into back of trackero pictures incredible when driver was pulled over on texas highway agents reported seen increase in use every tractor trailers for human trafficking, mr. Chairman isnt this one havings issues president 25billiondollar bourt security plan hopes to fix what can you tell us. I remember that very well san antonio children died in 18 wheel tractortrailer kind of thing we want to prevent dangerous journey from Central America through mexico exploited many ways, then get to the border, 6,000 to 7,000 dollars a head to get in, then sometimes put in human trafficking, and sort of inat no timeureed certify vapts to pay debt we need to close loopholes that exist right now, from mexico canada we can deport you, expeditious way if from on the country we cannot do that. They come to the board you cant send them back. We give them notice to appear, at hearing resettled, by hhs all parts of the country, and 09 dont show up 90 dont show up to hearing. In in the country are you tracking them we dont know where they are. This is a failure of the former administration. To this let them in country we need to change we do the bill that i introduced with introduced with chairman goodlatte introduces legal loopholes secretary talks about bottom line we dont want to deal with this five more years down the road we want to deal with this holistic way security, and daca, and not have to deal with another daca five, so years down the radioed. We talking about border in texas where are most people coming from . Most of them are actually coming from Central America. Is it gather guatemauatemala. 6,000 dollars a heads to come across we have seen numbers going up, lately. And i think they want to get in before we they see there is stronger border security, trying to get in before that happens. Sure mr. Chairman thank you so much for the update. Thank you, maria. So pressure it chairman Michael Mccaul there we will be right back. Oh theres one. Manatees in novelty ts . Surprising. Whats come at me bro . Its something you say to a friend. Whats not surprising . How much money matt saved by switching to geico. Fifteen minutes could save you fifteen percent or more. Im the one clocking in when youre clocking out. Sensing your every move and automatically adjusting to help you stay effortlessly comfortable. I can also help with this. Does your bed do that . Oh. I dont actually talk. Though im smart enough to. Im the new sleep number 360 smart bed. Lets meet at a sleep number store. Searching for answers may feel overwhelming. So start your search with our teams of specialists at Cancer Treatment centers of america. The evolution of cancer care is here. Learn more at cancercenter. Com experts kind eve welcome back mcdonalds earnings sales beating Fourth Quarter expectations lower Nicole Petallides on floor of the, no, no with detaino new york Stock Exchange. We will get to why in a moment you mentioned mcdonalds has been a winlast 52 weeks this morning, it is to the downside, despite a beat on earnings, and also beat on Sales Revenue did drop one concern that some analysts have is that they do keep putting out cheap, cheap items to boost sales so that is one of the issues, revenue fell almost 11 1 2 because of refranchising stocks down 1 definitely pushing that 5 combo and cheaper meals to get out those sales, new mcdonalds coming investing 2. 4 billion in existing, lets take a look at big story of the day this is that we have amazon Berkshire Hathaway jpmorgan agreed to team up in Health Care Venture to improve for their employees, the satisfaction and reducing costs for health care. You see these stocks are not moving particularly you see jpmorgan amazon down 3 three quarters of a percent United Health cardinal anthem, cigna between 2 and 6 that is hitting the dow big time will over will will over 00 points. Decline almost 200, President Trump first state of the Union Address tonight, the big question, whether commander in chief will call out democrats selling agenda joining me Stuart Varney weighing in good morning. That is the big question i would not to see him do it, i really do, and what a platform what a stage. A, sell tax cuts. Case at this moment a lot of voters dont believe that it is the trump tax cuts giving them growing economy. They think it is nancy pelosi and democrats, i dont know how they get there continental that is when they think i think a selling job required from the president tonight, secondly, he has an opportunity to look down, at that audience Congress Assembled say to those Senate Democrats up for reelection, from the state how about a deal on immigration you have to go the to be in center on this you join with other guys on the republican right they join to the center, we have got ourselves afternoon immigration deal i think if president does that becomes political make a political appeal, in state of the Union Address not supposed to do that i think might do it a major win for the president , and for immigration policy. We already have people boycotting the speech stu gimmicks about wear this not wear that. Theatre. Essence good stuff. President could use that theatre himself, he could look up at the dreamers, in the audience and say, i got a deal for you, and betters than their deal. See you 10 minutes i know you have a lot more of that top of the hour right after mornings with maria president will address 9 poom earn fox business taking you there live coverage before and after can when we come back xm exam this market jpmorgan amazon Berkshire Hathaway teaming up on health care sending Health Care Stocks plummeting we are going to tell you why, stay with us. Maria welcome back, are we are talking about a sharp selloff this morning in, is to, major selloff second day in a row take a look dow industrials expected down 250 points we are once again, at the lows of the morning, part of this is health care United Health care shaving roughly 100 points off dow alone jienths getting little marred jpmorgan amazon Berkshire Hathaway announced this morning that they have plans for a new Health Care Vote on venture Jon Hilsenrath why taking out Health Care Stocks. I mean, i dont know that a venture from three is necessarily a gamechanger for the entire Healthcare Industry you have three powerful people behind it jeff bezos, Warren Buffett jamie dimon head of three companies. I have a quote from Warren Buffett in the press release from this new triumvirate our group does not come to this problem with answers. There may be a drop in stock like United Health care might be a little overblown. Is idea they obviously run successful businesses going to get Health Care Costs down make sure that some players get less money for health care . Well. Amazon going into the farmer space in they are talking about their teaming up to improve Employee Satisfaction andrews cos and reduce costs medium price to earnings for stocks on Nasdaq New York Stock Exchange american Stock Exchange a record high last week you have Risk Appetite running at record levels i think any kind of, investors are looking for a reason to as to the other really big news this morning, is that apple is substantially cutting production of the iphone x, in the First Quarter, 40 million to 20 million unitis, big i think going to affect expectations with a apple can achieve earnings on thursday. Overprooifd the phone under delivered in terms of quality there is a lack of satisfaction. Keep an eye on that number. Apple is reporting thursday amazon reporting thursday, facebook and microsoft wednesday, issue big week for tech we will take a break. Well be right back. Great show everybody. You rock. See you tomorrow right here same place Varney Company begins now take it away. Good morning everyone. You are about to see a substantiate drop for the dow industrials look at this please. A half hour from now we will be down what, 240 odd point and the decline was stretched to the s p after the nasdaq. Now there are a couple of factors in play here. These three companies amazon, Berkshire Hathaway and jpmorgan team up with a new company together they will use technology and private sector know how to improve the delivery in cost of health care very big deal. There is a major selloff in the stock price of other Health Care Providers and ensurers they might be squeezed out by this new company. That is