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Nasdaq was up 62 and s p 11. Last Economic Impact of the virus as more businesses look to reopen a new report revealed it could take ten years for the u. S. Economy to recover from the pandemic, mornings with maria is live right now. Maria Global Markets this morning are moving higher, cac quarante in paris is up 86 and dax index in germany 406 points, 3 and a half percent higher, dax in germany rallied after being closed for the holiday yesterday. In uk Small Businesses hit with coronavirus, borrowed 26 billion through month of may. Check asian green across the board, take a look, kospi better than 1 , best performer was in japan up 1. 9 . Now some of the top stories that we are watching this morning. Chaos despite curfews, americas largest cities still talc victim to looters even as police and the National Guard ramp up presence across the country, protestors forcing into macys Flagship Store in new york city overnight. It had been boarded up. 3 people have been arrested so far. Looters making their way new york city fame fifth avenue, smashing window, rand sacking shops and dozens of looters using crowbars to break into a Microsoft Store and clearing it out. Rolex store in soho says 2 and a half million worth of watches have been stolen, much of the destruction of businesses happening at night forcing cities to impose curfews, new york city extending curfew, it will start at 8 00 p. M. Tonight instead of 11 00 p. M. Which is when it started last night. So far 6 states and 13 cities have issued a state of emergency and governors in 23 states in washington, d. C. Have activated a National Guard to support local Law Enforcement. It was a violent night for Police Officers across the country. Disturbing scenes out of new new york. Shocking Video Shows Police officer attacked by several people in the blanks, one sergeant in serious but stable condition this morning after he was run over by a speeding car. In buffalo, new york suv barreled through a group of officers striking two of them, both are expected to be okay. And in st. Louis 4 Police Officers shot during violent protests overnight. The shooting happened near the police headquarters. Some coward fired shots at officers and now we have officers and thank god alive. President trump making first Public Comments following the death of floyd george. The President Trump speaking from the white house last night threatening to use the military if states cannot halt the unrest. I am taking immediate president ial action to stop the violence and restore security and safety in america. I am mobilizing all available federal resources civilian and military to stop the rioting and looting to end the destruction and arson and to protect the rights of law abiding americans. Maria after that speech the president made a symbolic walkthrough park and visited st. Johns church across from the white house. The church was damaged by the fire over the weekend. This is a historic church. The church of president s. The family of george floyd commissioning independent autopsy, two doctors hired by floyds family caused homicide. Fired officer dreker chauvin kneeling on floyds face, the authority al finding fentanyl and methamphetamine in his system. He plans to charge the other 3 officers involved in floyds death, all 3 have been fired. It was mostly peaceful night in minneapolis last night but a new letter from the head of the police union is sparking new outrage. Union president bob curl slamming mayor and governor for lack of leadership, the terrorist movement thats currently occurring was a longtime buildup which dates back years starting with minimizing the size of our police force and floyds criminal history is not being hold. Protests escalating in cities across the country from Peaceful Demonstrations in minneapolis to looting in new york city where the iconic Macys Department store was vandalized overnight. President trump threatening more action if the violence does not let up. Today i have strongly recommended to every governor to demy the National Guard in sufficient numbers that we dominate the streets. Mayors and governors must establish overwhelming Law Enforcement presence until the violence has been quelled. If the city or state refuses to take the actions that are necessary to defend the life and property of their residents, then i will deploy the United States military and quickly solve the problem for them. Maria joining me right now the former commissioner of new York City Police department and new York City Fire Department Howard along with fox business Dagen Mcdowell, the wall street journal Senior Writer Jon Hilsenrath and caldwell Gianno Caldwell. First your reaction to the threat of the military coming in if this does not stop . Well, i think its, you know, its always an option. Nypd can handle new york, they are very late starting. The curfew last night that started at 11 00 oclock was wrong. It should have started at 7 00 or 8 00 but the time it was imposed the aggregators and you can see that it is antifa and those groups, last night was violent and there was a lot of looting but i believe that the crowds across the country were smaller and will continue to get smaller if curfews are enforced. Maria you know, senator tom cotton put a list of times in the past and there were a lot of times when the military has actually been brought in to to organize things, have intervened, to maintain public order since the whiskey rebellion and its no surprise that the president would be calling on the military to stop the violence should it get worse, but let me ask you about what can be done within the new york Police Department and other Police Departments across the country, howard, i mean, are there classes, are there things that the Police Officers should be doing and to weed out bad cops . Howard two different questions. One to deal with violence and protests is they are gathering intelligence on who the perpetrators are and they need to move quickly and stop them before they start this looting. I believe that the nypd did not roll out as many officers as it could last night and it should plus they need to be given rules of engagement and need to be told that they could move a lot quicker than theyve been moving because whats going to happen here is as the curfews continue to take place, peaceful protestors will obey in bigger numbers and will be able to weed out the people who are vandalizing and the looting. I think thats very important. As far as the military is concerned, i dont think thats going to be required. The president has lots of other options before he goes to the military. There are federal agencies like the u. S. Marshals, the bureau of prisons, the fbi all who have adequate resources to deal with and they need to be coordinated but lets get to the point. What the president said yesterday is true. Its not his responsibility, its the governments responsibility and the governors need to make sure that police and state National Guards deal with it first. Maria what do you think of the response, howard . I think it varies from city to city. The police have to do a number of things. They have to make sure that justice is done very quickly relative to the perpetrators, i think we got a bad start and i put it strictly at the mayor of minneapolis fleeing precinct and letting it burn sent clear signal to antifa and other groups that are well organized in the country, go ahead loot and burn and nobody will do anything about it. Now we are catching up. Maria thats a very good point, Gianno Caldwell jump in here. I disagree, i believe that we are beyond that. I feel like the Pressure Cooker top is already broken or shattered into a thousand pieces. I want to know what do you think the path is to getting back to a true sense of justice, peace, and some Police Reform . Howard . Howard oh, i didnt realize it was a question for me. Certainly there needs to be a lot of training, deescalation training but i dont think you can broad brush the entire Police Community with what a criminal in a Police Uniform did. No ambiguity about how george floyd died and one of the things that should have been done in my opinion is he should have been arrested that day, you know, if this was a civilian he would have been immediately arrested pending charges. The 3 days that it took was justice standpoint but really not the right thing to do. He should have been arrested immediately. Maria all right, howard, thank you very much for being here this morning. Thank you, sirment we will keep watching. Howard, former nyc commissioner, former new york city mayor Rudy Giuliani on how he would be dealing with riots, you dont want to miss that. Plus covid19 recovery, the Congressional Budget Office out with a plan to get the economy back on track as timeline some expected to be ten years for the full recovery to take place. Stay with us. 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Recovery could take better part of a decade according to budget office, the agency projecting a tenyear comeback from the coronavirus and that does not expect gdp to reach previous forecast until the Fourth Quarter of 2029. Joining us right now potomac wealth adviser mark avalon, rally underway of 176 points, firmer tone and in the backdrop the report from the cbo calling for tenyear recovery, your reaction . Two different stories, we have investors looking for the optimism that the fed is giving them with the low rates and super liquidity and congress on board with stimulating the economy, but yet the realities of reopening are going to be slow just from the coronavirus itself and now when we look at whats happening in the inner cities the recovery is going to lengthen. The damage is not just physical now, its to the psyche of people who are moving out of cities and businesses that are reluctant to return and that reduces tax base for cities and states. It went to graduate in newark 20 years after the Martin Luther king riots and newark was still browned out, still lacked the vibrant urban core and if the hint of that happens here that will lengthen the recovery. Maria wow, one idea is to fire up the Manufacturing Base here in the United States. Remember, the u. S. Economy is largely a Services Economy but thats the area that has gotten crushed because of the coronavirus and the shutdown on sunday morning futures i spoke with white house strategist steve bannon who told me what it will take to get the economy back on track and he mentions firing up the other side of the economy and that is the manufacturing side, watch this. Bring American Capital back for american jobs through american companies, that will make america the leader and the fourth industrial revolution. Thats what the country needs, thats what the millennials need we have two alternatives. Like donald trump says inevitable and its time to get focused on american jobs and highvalue added manufacturing jobs back to the American People. Maria so, mark, mark that requires supply chain coming back from china, do you see that happening and in the midst of all of this how are you allocating capital . You say its two different stories and investing and making money. Mark well, if youre going to invest based on industrial resurgence i think thats more of a 3, 5 or even a 7year outlook, the supply chains are not going to move right away. I think a combination of this coronavirus and the the inner city turmoil that we are seeing is going to emphasize the work from home, the technology communications, shop from home trend that we saw and its going to continue to weaken commercial real estate and also have a negative effect on retail and that is whats been happening for investors. Theyre weighing into the Growth Engine but theres obviously good reasons for that. Whats happening now is going to just Keep Technology at the forefront. Its going to encourage investment in technology, new ways of conducting commerce and thats where investors i think should be looking. I think theres still going to be values there because the change is going to be profound. Maria okay, we will leave it there, mark, great to have you this morning. Thanks so much. Good to be here. Maria mark avallone, our panel weighs in on the riots, we will be right back. You doing okay . Yeah. This moving thing never gets any easier. Well, xfinity makes moving super easy. I can transfer my internet and tv service in about a minute. Wow, that is easy. Almost as easy as having those guys help you move. We are those guys. Thats you . The truck adds 10 pounds. In the arms. Okay. Transfer your Service Online in a few easy steps. Now thats simple, easy, awesome. Transfer your service in minutes, making moving with xfinity a breeze. Visit xfinity. Com moving today. Maria welcome back protesting raging across america, seventh night following the death of george floyd, some leading to looting in major cities, President Trump said yesterday hes ready to deploy u. S. Military if local governments cannot get the situation under control. George floyds brother terance floyd spoke out called for ending to violence surrounding his brothers death, watch. If im not here blowing up stuff and im not over here messing with my community, what are yall doing . What are yall doing . Yall doing nothing because thats not going to bring my brother back at all. Maria Dagen Mcdowell, weigh in. Powerful message there. Dagen it is to make distinction between people who are protesting injustice in this country, not the death of george floyd, but the treatment of black men and women by police and just by the nation. What we are seeing in new york city and other and other major cities across the country for another night are just thieves and criminals, looters, vandals taking advantage of a horrible situation of a broken community, a broken country. Even before this curfew that went into effect at 11 00 oclock last night, looters and thieves came out before that. The Nintendo Store right outside of the window here was breached, a best buy, nike store, the michael kors store right down the street, just to name a few of the stores. In the middle of the night somebody showed up in my building that appeared from sephora breakin trying to sell stolen merchandise to the people who work in the building. By the time i came to work at 3 00 oclock this morning, 4 00 oclock, the times square was under lockdown, you couldnt even drive down the streets coming into new york, but what this means is not just for new york city, not just new york state, its failure of government, by the governor, the mayor of the city but also will mean a much slower comeback for the broad economy. Before, over the weekend, there were moving trucks on every single street in new york at the end of the month. We are doomed for a downward spiral in major cities because people dont want to live there because the government cant protect its citizens which is the most basic right, protect the residents which is the most basic right of living in america. Maria 11 00 oclock curfew in, 11 00 oclock. That seems really late. What did you all think of the president s walkthrough through Lafayette Park going to church yesterday and made gesture by ag, bill barr, defense secretary esper ended up in st. Johns church which was boarded up with a bible. When he was walking through Lafayette Park flanked by the ag and secretary, look, we are not going to tolerate this, we are coming for you, we know whats going on. We know that this is not protestors, this is looters and criminals. Gianno the response to those who are rioting to response that are looterring, i will be honest, a lot of the mayors and governors who believe they can handle the situation, it was clearly proven that they could not handle the situation and i want to touch on what the looting and how the impact is on the economy specifically for the Africanamerican Community because i believe mark that your last guest, he touched on it very well. Last year for the first time in our history black wages were increased faster than white wages. The first time weve ever seen, lowers Unemployment Rate in American History and now in places like chicago where im from, we have seen individuals go into specific black areas and destroy and loot them so thereby creating more dis enfranchise ment and theres 40 million, way, way higher than that. People unemployed. These folks went out with nefarious intentions and there were nefarious actors and creating more disenfranchisement for the African Americans for this country. This is problematic, we need leadership and we do need the National Guard in every mayor city. Maria yeah, i think you make a lot of good points, tiger woods commenting on the death of george floyd. I will be speaking about this coming up with former nfl player jack brewer, hes coming up next as public figures begin speaking out on the national unrest, join us on the other side of this. Can my side be firm . And mine super soft . With the sleep number 360 smart bed, on sale now, you can both adjust your comfort with your sleep number setting. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable, and snoring . No problem. And done. Will it help me keep up with him . Yep. So you can really promise better sleep . Not promise. Prove. And now, save up to 600 on select sleep number 360 smart beds. Plus, 0 interest for 48 months on all beds. Only for a limited time. Maria good tuesday morning, welcome back, im maria bartiromo, tuesday june 2nd, top stories right now 6 32 on the east coast. Another night of protests across america, some turning violent as curfew orders are ignored, markets this morning pointing to higher opening this morning, take a look at futures indicating a gain of 178 points this morning, s p 500 up 18 and nasdaq higher by 59 this morning, major averages kicking off with gains on top of pretty good movements, dow industrials up and nasdaq up 62 and s p was up 11. Lets check Global Market this is morning, european indices higher across the board, the ftse 10010 in london is up 69, cac quarante in paris up 101 and german dax index up 456 points, thats 4 , seeing rally after closed for holiday yesterday in germany. In the uk Small Businesses hit by the coronavirus borrowed more than 26 billion through Government Program in the month of may, in ash overnight, green across the board as well. As you see pretty much across the board with the best performer in japan and hong kong, up better than 1 . State and local governments could receive more than covid19 stimulus amid riots over the death of george floyd, Cheryl Casone with those details, cheryl. Cheryl good morning, maria, sources tell our own Charlie Gasparino that theres significant bipartisan support for more aid following riots and looting and more in more than 10 cities and the next stimulus package could provide 650 billion to states and cities alone as they struggle to recover from months of lockdowns of the coronavirus in addition to the massive costs from protests which, of course, the economic costs has yet to be determined. House Speaker Nancy Pelosi has initially called for a trillion for states and city which Mitch Mcconnell robust. Employees can either choose to work reduced hours or take an unpaid leave of absence until september. Starbucks in the premarket up 3 quarters of a percent. Many workers reportedly concerned reduce hours, shutting down nearly 2 months but only pickup, delivery or drivethru options. Well, lights, camera, action, hollywood is ready to get back to work. A Hollywood Task force made of wallet disney, netflix, cbs and other top studio leaders plus producers and major hollywood unions submitted report on how to safely resume production later this year. Recommendations include auditions through plexiglass, staggered crew meals and frequent testing and coronavirus compliance officers that would be onset. The plan of 22 page report submitted to governor newsom, new york Governor Cuomo and other Government Agencies across the country. Finally this, fans could return to stands on nascar as soon as this month. Sports Business Journalism reporting a number of limited number of fans on states that used restrictions on mass gatherings. So, yes, watching nascar live in person could actually happen, maria, those are your headlines. Maria all right, great, cheryl, thank you. Looters targeting most iconic stores macys as Police Officers came under attack, Aishah Hasine is on the ground in midtown manhattan, good morning to you, asihah. Aishah good morning, maria, the cleanup begins once again in new york city after yet another long night after looting and some of the Stores Across manhattan have started to board up but this one right here, this is the Urban Outfitters here in harold square, it is still wide open and you can see what happened here last night. Looters ripped apart the store, obviously broke all of the dallas and took a lot of stuff. Now it was a very violent night for Police Officers as well last night, several attacks on officers caught on video here. In the bronx an officer struck by sedan, serious but stable condition, the people in the car got away. Another officer beat up on the street in plain view as people walked by and in buffalo, a suspect in custody this morning after a Police Officer and a state trooper were hit by a car there. They are in stable condition. Now back here in new york city, of course, looters were smashing their way through Luxury Stores and manhattan including the macys Flagship Store, thats the iconic backdrop of the classic movie miracle on 34th street, all even before new york citys curfew went into effect at 11 00 oclock, now leaders, of course, day after day have been trying to send a message to those rabid ransacking businesses people who they believe they are outsiders. Chief kneeling with protestors and asking these outsiders to stay away, stay away from the peaceful protests. Maria, tonights curfew has been moved up from 11 00 p. M. To 8 00 p. M. But its unclear if thats going to make a big difference as, of course, the looters didnt care at all about the curfew that was in place last night. Maria. Maria so sad, aishah, thank you, Aishah Hasine, thank you. Joining me jack brewer, jack, grew up in the streets of minneapolis, you are a former minnesota viking, minnesota gofer, this is personal to you. Jack very personal and to see what is happening across the nation, its a chilling remind Internal Revenue that a lot of parts of our country have completely lost their fear of god, maria, weve lost fear of god. Theres churches being set on fire. We have widespread looting and youre doing it in the name of a man who represented peace, george floyd, may his soul rest in peace but the way we are reacting to this, we are taking far away from the real enemy. You know, racism is an evil, evil enemy that we must take on spiritually and we cant fight that with flesh and blood and thats what youre seeing right now. Youre seeing people take advantage of the opportunity of a mans death in just a Twisted History of oppression that weve had in america, people are hurting and they need to heal but in order to heal you have to have humility. You cant come out in the way that we are because its not godly, maria. Maria so how do you do it then . Talk to us about the culture of the police. Why does this keep happening . Jack i think the police have deep issues and it start with the leadership. Maria, this Police Officer had 17 violations in the state of minnesota in the past ags and the past folks overseeing him, you never fired the guy. Theres no job in america that you could have 17 violations and not lose your job, and so i think it start at the top in a lot of the areas but also the process in which you book a Police Officer or you incarcerate a Police Officer. No matter what anyone says, even if you wanted to take 2 or 3 days to do your investigation, you can still lock people up, they lock citizens up all of the time while they investigate to take folks that maybe harmful off of the streets. This is the same case and unfortunately it just didnt happen in minnesota. Maria jack, what do you think of President Trump making more Public Comments yesterday from the rose garden and he took the long walk across Lafayette Park to visit historic st. Johns church which was tacked by rioters and boarded up and the response criticized after police dispersed protestors with teargas to allow the president to pass. As you can see he was trying to send a message, he was flanked by the ag and the defense secretary, your reaction. Jack maria, they burned down the security building and attacked over 60 secret service officers, attacked them and injured them and they didnt even fight the protestors and rioters back, at some point you have to stake a stand for your house. I called my neighbors yesterday when we started getting reports around our neighborhood that we were going to have rioters, i called my neighbors up and we were going to take arms and thats just what you do, but i think the most beautiful thing that i saw was that our president stood in front of the nation, held up the bible in front of the church that government burned, he knew and he made a call and he knew that we were taking on an evil spiritual war, this is spiritual warfare and you cant fight spiritual warfare by blood. Maria kent langone was here yesterday. Watch this, what he said to us yesterday. On a day when we should be celebrating this development, prayfully as first step and step dealing with the horrible virus weve got instead we are looking at all of the poor people on a personal level, maria, i was very active in restoration of the st. Patricks cathedral and when i saw when i saw the graffiti they put on the side of st. Patricks cathedral it broke my heart. It absolutely broke my heart. I dont understand, maria. No gain for anybody and the biggest losers are the wonderful people who live in the communities that we are trying to economically restore. Maria you talk about faith, jack, the sports world is also responding to the chaos, youve got business leaders, sports legends responding. Michael jordan said i dont have the answers but collective voices show strength and inability to be divided by others, we must listen to each other, show compassion and empathy and never turn our backs on senseless brutality. Golf, tiger woods, ive always had upmost respect for Law Enforcement, they train diligently to understand how when and where to use force, the shocking tragedy clearly crossed the line, i hope that the constructive honest conversations, we can build a safer unified society, can we do that, jack . Jack i think we can. Issues that tormented our country for years and i applaud the men for making the bold statements. When tv entertainers come out and instigating further rioting by paying people to get out of jail, thats not the direction we want to go. Our country can come together and i think if you maria, when you just look at it and you take a deep look at where we are at right now, we are as broken as you can get and when youre broken you are closer to god and when you look back at Martin Luther king and civil rights leaders, the men marched with their bibles and led by the word of god. If we come together as a nation and get our godly principles back and stop pushing back against god and our schools and god and our society i think we will be able to be okay. Maria in order to do that you need to have the rule of law, you need to make sure people understand we are not going to tolerate the criminality, hidden behind protestors, jack, really well said, thanks for joining me this morning. God bless you, maria, thank you. Maria stay safe and to you. Jack brewer, we will be right back. I am robert strickler. Ive been involved in communications in the media for 45 years. Ive been taking prevagen on a regular basis for at least eight years. For me, the greatest benefit over the years has been that prevagen seems to help me recall things and also think more clearly. And i enthusiastically recommend prevagen. It has helped me an awful lot. Prevagen. Healthier brain. Better life. Maria welcome back, it also not all about violence. In recent days we have seen Police Officers showing solidarity supporting calls for justice for george floyd, in up state new york Officer Police chief taking knee and taking time to speak with protestors just days after rioters damaged half of the city. Tell us about those conversations. Yeah, we had great conversations. I learned that a lot of times during things like this the people who are hurt and angry and frustrated just like other people across the country, they simply want to talk to the people who are in charge, they want to talk with the leaders and i heard consistently yesterday when i was out there that it meant a lot to those people that i was there to simply hear frustrations and to exchange interactions and conversations with them. Maria you know, you know, you just heard jack brewer with us who said that the Police Officer had 17 mistakes, issues, you dont keep going back on the job with 17 problems and 17 times that youve done wrong, what is the story with why he was still on the force in minneapolis and able to do this . Im not sure what the story is in minneapolis, but i do know that there are some things that we can do better in Law Enforcement. Now theres some things that we can do better in terms of how we deal with officers who have disciplinary problems but i think its important for the country to realize that the overwhelming majority of our officers are doing the right things for the right reasons. We are addressing those who have some issues and we still have ways to go, but tremendous progress has been made in that area. Maria well, what can we do to bring people together and make sure that the that the criminals understand that this is not going to be tolerated . I mean, chief the curfew in new york city being extended, now will start at 8 00 p. M. Tonight instead of 11 00 p. M. , do you need a curfew in your city, do you think, do you think curfews work . I think the curfews help because they help keep the law abiding people inside and keeps them safe and also keeps our streets much less congested and gives us an opportunity to see those who are engaged in these heinous acts of violence in some of our communities. What we are seeing is that there are mostly people at some of the demonstrations who have good intentions. They truly want to convey their dissatisfaction with social injustice and racism and discrimination and all of those things that people in our nation really want to address but then you have others who are opportunist and their intention is not that. They are there to cause mayhem and destruction and chaos and hiding behind those goodintention people and that makes it extremely difficult for us as Law Enforcement officers when we are dealing with those sorts of things, hard to discern those who have good intentions and those who are out there simply to take advantage of the opportunities. Maria thats right, because thats group is just trying to flair things up. Chief eric hawkins, thanks for your leadership, thanks for joining me this morning. Thank you for having me. Maria we will be right back. Thank you, we will be right back. Effortless is the lincoln way. So as you head back out on the road, well be doing what we do best. Providing some calm amidst the chaos. With virtual, realtime tours of our vehicles as well as remote purchasing. For a little help, on and off the road. Now when you buy or lease a new lincoln, well make up to 3 payments on your behalf. Maria welcome back, Facebook Face off, employees with walkout protesting Mark Zuckerbergs decision not to take series action on series of controversial posts by president , Dagen Mcdowell, your reaction. Dagen i think that facebook is trying to walk a thin line, company, of course, upset about their own employees but the greater concern would be from the federal government and i think Mark Zuckerberg sees that, that he doesnt want crack down by regulators, he doesnt want the Liability Protection taken away that prevents him from being sued, so hes walking a very fine line here. Maria its a good point. Jon. Jon you know, i think theres a First Amendment debate thats brewing about how we manage speech on social media broadly. The president fighting with twitter and talking about regulating, you know, how twitter monitors activity on its own site and i think this is going to intensify in election in november and how far they are allowed to go. Maria especially since youve got twitter to come out with posts on the president as much as they can. We will take a break, when we come back, dealing with riots, former new york city mayor Rudy Giuliani weighing on how he would handle the unrest gripping the country right now. Thats on mornings with maria. Stay with us. [shouting] [clapping and shouting] [cymbals clanging] [knocking] room for seven. And much, much more. The firstever glb. Get 0 apr financing up to 36 months on most models, and 90day firstpayment deferral on any model. Than Rheumatoid Arthritis or Psoriatic Arthritis. 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More and more sensitive, personal data. And it doesnt just drag hr down. It drags the entire business down with inefficiency, errors and waste. Its ridiculous. So ridiculous. With paycom, employees enter and manage their own data in a single, easy to use software. Visit paycom. Com, and schedule your demo today. Maria welcome back. Good tuesday morning, everybody. Thanks so much for joining us. Im maria bartiromo. It is tuesday, june 2nd. Your top stories, 7 00 a. M. On the east comment. More pro tests overnight, vie license and looting in major cities despite curfews. Police officers coming under attack. President trump is vowing to stop the violence and will call on the military if necessary. After his rose garden address, the president making a surprise visit to Saint Johns Church yesterday flanked by the attorney general and the defense secretary, a day after it was set on fire. Meanwhile, George Floyds family calling for peace, after an independent autopsy said floyds death was a homicide but the cause differs from what the medical examiner says. Futures indicate a gain at the start of trading, up 163 on the dow industrials, s p up 16 and nasdaq right now up 56 points. Major averages kicking off the month of june with gains. Yesterday also a pretty good rally. The dow industrials up 91 points by 4 00 on wall street. The nasdaq was up 62. And the s p 500 was up 11. Plus, the lasting Economic Impact of the coronavirus as more businesses look to reopen, a new report from the Congressional Budget Office reveals it could take 10 of years for the u. S. Economy to recover from the pandemic. Mornings with maria is live right now. Global markets have a firmer tone, europe boon indices higher across the board, the cac in paris up 99 and the dax in germany up 452 points. The dax in germany seeing a really strong rally this morning after being closed for a holiday yesterday. In the u. K. , Small Businesses hit by the coronavirus borrowed more than 26 billion through a Government Program just in the month of may. Asian markets were also higher overnight. Take a look and you will see the major indices up about 1 or better, shanghai composite the laggard, up a quarter of a percent overnight. Joining the conversation is Dagen Mcdowell, John Hilsenrath and gianna caldwell. Great to see everybody this morning. Some of the top stories were watching, americas largest cities still falling victim to looters even as police and the National Guard ramp up their presence across the country. Protesters forcing their way into macys Flagship Store in new york city yesterday. It had been boarded up. Three people have now been arrested so far. Much of the destruction of businesses happening at night, forcing cities to impose curfews. New york city tending its curfew extending its curfew, it will start tonight at 8 00 p. M. Instead of 11 00 p. M. Six states and 13 cities have issued a state of emergency. Governors in 23 states and washington, d. C. Have activated the National Guard to support local Law Enforcement. President trump addressing the nation after violent protests and looting erupted following the death of george floyd. The president speaking from the white house last night threatening to use the military if states cannot halt the unrest. I am taking immediate president ial action to stop the violence and restore security safety in america. Immobileizeing all federal sources, civilian and military, to stop the rioting and looting, to protect the rights of law abiding americans. Maria immediately after that speech, the president made the walk through Lafayette Park, making a surprise visit to Saint Johns Church, holding the bible. That church across from the white house. It was damaged by the fire over the weekend. Was flanked by his attorney general and his defense secretary. The family of george floyd commissioning an independent autopsy, two doctors hired by floyds family ruling his death a homicide, fired officer Derek Chauvin is seen kneeling on floyds neck in the streets of minneapolis. The medical Examiners Office issued a finding report on the findings. It states he died due to quote, cardiopulmonary arrest. Joining us now is former new york city mayor, Rudy Giuliani. Thank you very much for joining us. A sad day in the country and a sad day in new york. Your reaction. Its a very sad day. One of the worst days in new york. Last night was unnecessary and horrible and destruction done to new york city without any interruption by the mayor. You could say the Police Department. But the mayor is holding them back. And its outrageous. I mean, this action did not have to happen, if we had a vaguely competent mayor. This should have been stopped five days ago. I mean, couldnt they have stopped some of that . We have watched now over and over again people looting, throwing molotov cocktails, burning cars, and now putting our police in prison in hospitals, and virtually no major arrests are made. The mayor should step down. Hes incompetent. We are moving we are losing a tremendous amount of property. Were seeing people damaged and hurt seriously and pretty soon were going to lose some lives if this man doesnt get out of the way and let someone activate the Police Department. In other cities theyre activating the National Guard. In new york city we have to activate the new York City Police department. He has i the audacity to cried e them for being too brutal. Hes been a terrible mayor for six andahalf, certain years. Terrible. There isnt a person in the city that will tell you he hasnt been a terrible mayor. Now we need a vaguely competent mayor. People are going to die if this man doesnt get out of the way and let the Police Department do their job. Maria his daughter was arrested for being with the protesters the other night. Why do you how do you know hes holding back the Police Department . Youre right, all of that looting and destruction last night should have been stopped sooner. What is he doing to hold back the police . How do i know . I do this for a i did this for a living for 18 years. I took over the city of new york when we used to have riots like this. We had no riots when i was mayor and i had Police Brutality cases. All these liberal progressive mayors are following a playbook thats about 35 years old and totally discredited, called the venting theory. They let them sort of like get it out of their system for a day or two and then the city blows. I changed that. Actually, based on a report written for governor mario cuomo. I changed that to take the first guy out, then the second one, then the third one and youre going to get control of it. The first person that throws a rock gets arrested. The second person gets arrested. And if you have to arrest 700 people to keep the Brooklyn Bridge open, you do. You can ask chief espisito who by the way this idiot in city hall fired. The chief arrested 700 people one day but we kept the Brooklyn Bridge open. You dont get to destroy property in my city. When i was mayor, we had no riots. I followed a mayor who had two major riots in two years and i was challenged with tremendous protests. They never turned violent and they dont have to. You dont have to be a genius. Im not patting myself on the back. I borrowed that from a book i read from a report that was done. These idiots that call themselves progressives, theyre going to what was used in the 60s. Let them vent. Give them two or three days and they destroy minneapolis and washington, d. C. Give them seven days and now theyre taking out madison avenue. Theyve already taken out of lower manhattan. The destruction in brooklyn is terrible. How do i know it . I go around the city during the day with my mask on and i talk toes cops and cops like me and trust me because i supported them. I also brought down crime more than any other mayor in the history of the city and saved more black lives more than any other mayor in the history of the city by reducing murders. Thousands and thousands of murder are alive because i changed the policies of the incompetent liberal democratic mayors that preceded me. This is all basically happening, the worst of it, in cities that are ruled by progressive mayors. Progressive my backside. Theyre retro gressive, using theories of mob control that go back 30 years and you see the consequences of it. The president is absolutely right tha, saying he has to loot his own responsibilities to protect the lives and properties of the United States because a lot of the mayors and governors, i dont know whats wrong with them, if their liberal ideology overcomes their sense of duty or even their sense of decency. Maria youre calling on mayor de blasio to step down. The president yesterday said he is the president of law and order. Hes threatening to deploy the u. S. Military if states cant stop this carnage and this unrest. Heres what he said yesterday. Today i have strongly recommended to every governor to deploy the National Guard in sufficient numbers that we dominate the streets. If a city or state refuses to take the actions that are necessary to defend the life and property of their residents, then i will deploy the United States military and quickly solve the problem for them. Maria rudy, your reaction and also the reaction to what the president did in terms of walking, taking that long walk through Lafayette Park, flanked by bill barr, his attorney general, and his defense secretary, mark esper, getting to the church which was boarded up with a bible. He was sending a mess damage. Were coming for message. Were coming for you if you continue this. Were not going to tolerate it. First of all, i commend the president for doing that. Thats the kind of action symbolic but dangerous that great leaders take. You go to the scene and youre there. I mean, who was seeing these mayors at night. Maria, you were a reporter when i was the mayor. You think if i had riots like this i would be home at night, you would only see me in the morning at a safe press conference or do you think you would see me with the cops. Maria i remember you all over the city. You would see me everywhere. Maria thats right. If the cops werent doing the job i would tell them to do it. You dont have to tell this Police Department to do the job. All he has to do is step aside. These will be over in one night. Thats what happened in Crown Heights. David dinkins did this to the city, did it to brooklyn for three days and got jewish people beaten up horribly in the Crown Heights riot. Thats the report that cuomo had summoned that said that dinkins did it all wrong by allowing these people to vent because al sharpton was putting so much pressure on him. Arent we beyond those days . Arent we more intelligent than that. Maria bill de blasio, Governor Cuomo, both critical of the president s statement yesterday. They criticized him. Whats your take on their response to the protests . You havent seen them at night. Why dont they stand in front of macys. Maria theres an 11 00 at night curfew. Yeah, i havent seen de blasio at the scene of any of these things. I would have been at the scene of every single one of them and there would have only been one and it would have been over. Why dont they hold a press conference in front of macys today, hold a press conference in downtown brooklyn where i went to high school and they allowed shops to be burned out, people who are just making it by this much and will never have a business again because we have an incompetent mayor. Maria who is paying for this . Somebodys paying for these people to come in. Somebodys paying for these people to come in and pay other people to throw in window throw bricks in windows. Of course they are. This is an organized effort. I dont say its a strictly organized effort but its organized. Theyre communicating with each other. You know the fbi has a lot of the texts that show antifas involvement. Theyre anarchists, people who want to drive this government down. Not just the trump administration. These people were trying to drive the government down six years ago when obama was the president. Weve got some crazy and evil people in our ranks. And then they take advantage of a group. But a lot of people in the group join them and start throwing rocks and spitting at the cops and burning cars. A lot of people start stealing liquor, clothes, furs. Maria they stole 2. 5 million worth of watches, stole 2. 5 million from the watch store, according to the watch store. Rudy, how long do you think its going to take for new york to get out of this . You know the city, youve seen ups and downs. You ran the city. Whats your take in terms of getting out of this . The day he turns to the commander of the Police Department and says end it, then it will be over. Or if the president has to move in and take over. New york city qualifies for the definition the president laid out yesterday, so does minnesota, by the way and certainly washington, d. C. Those are the ones i would watch most closely on television and i have to disagree with the president slightly here. Minneapolis is not under control. Theres a lot of stuff going on in minneapolis. And the governor of minneapolis falls right into that category of he should find Something Else to do with his life other than try to protect the lives of other people because hes done a horrible job. The mayor in minneapolis may be responsible for this whole thing when he let them take a Police Precinct and burn it down. That signaled th the people nationally in the organization. They saw you could take a Police Precinct and saw they could do the same thing in new york and other places, that all these mayors will back down. You put 1,000 of them in prison, its over. And i said 1,000. But you put 1,000 in prison, and its over. They dont want to go to prison. They dont want to go to prison. Put them in jail, about 1,000 of them tonight, it will end. Over. Go get the chief back, he did it in brooklyn. Maria rudy, thank you so much. Rudy giuliani thanks for your leadership, sir. We will see you soon. Thank you. Maria Rudy Giuliani. We will be right back. Maria welcome back. Futures pointing to a higher opening this morning. When the market opens in about two hours, there are new concerns about the economic recovery from coronavirus, take the better part of a decade according to a new report from the Congressional Budget Office to come back. Joining us right now is flynn capital markets, doug flynn. Thank you for joining us. What do you think is behind the rally underway for stocks this morning. I think people are resetting their expectations on earnings. We keep hearing were at a 20 year alltime high with the price, earnings ratio. I dont think that reflects the effect of the stimulus. When you add in the effect of the stimulus you can support the higher valuations. I was getting concerned about where we are. When you do that, you say the market can handle a little more. Were 40 off of the lows here. This seems a little lofting so you adjust for that. Maria i want to ask you about whether were going to get more stimulus and what youre expecting in terms of this economy. You see the cbo report this morning that says its going to take 10 years for this economy to come back, to recover from covid. This morning, a number of firms are writing about new stimulus, cowen and company is talking about a new main street facility as the next big dose of stimulus to help businesses survive this crisis, so they can restore payroll. Are you expecting that . What are you expecting in the way of stimulus and how does that Impact Investing . I realitily wouldnt expect anything. Im not building that into any base case scenario. I think they made tactical errors in what they did by allowing people to make half the people out there receiving unemployment are making what they made before and i just read actually, more than that. About half of them are making onethird more. So i think twothirds are make whack they made before. About half are making a third more than they made when they were working. Those are some tactical errors. Even england put a cap as a percentage of what you could make up to a limit. That is holding us back. If you sort of reincentiveize people to go back to work, that would be the kind of stimulus i think i could get behind. I dont think you need it if you start rolling off some of these overpayments and not for anything, i wonder how many people that are causing all of this destruction are getting payments from the federal government to stay home. Maria all right. We will leave it there. Doug, i want to point out that corner stone macro is out with a report that they think real Consumer Spending is going to increase at 12 in the Third Quarter, Retail Stocks have been crushed, i know that doug, thank you so much for joining us. We will see you soon, sir. We will be right back. vo since our beginning, our business has been people. And their financial wellbeing. Its evident in good times, with decisions focused on the longterm. And crucial when circumstances become difficult. That continued emphasis on people our advisors, associates, clients and communities gives us purpose, strength and a way forward. Today. And always. And mine super soft . With the sleep number 360 smart bed, on sale now, you can both adjust your comfort with your sleep number setting. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable, and snoring . No problem. And done. Will it help me keep up with him . Yep. So you can really promise better sleep . Not promise. Prove. And now, save up to 600 on select sleep number 360 smart beds. Plus, 0 interest for 48 months on all beds. Only for a limited time. Maria welcome back. Blackout tuesday, two africanamerican music executives spearheading the show must be paused, calling on the industry to stop operations due to the recent events. The Rolling Stones and quincy jones are participating. Imprints from all three major record labels, sony, universal and warner posting black squares of solidarity on social media. Viacom cbs networks including mtv aired a video yesterday displaying i cant breathe for eight minutes and 46 seconds, the amount of time Derek Chauvin is seen kneeling on George Floyds neck. Dagen mcdowell, what do you think of that . How do you think this action will be received. Dagen i think almost all the people that i follow on instagram have already posted these just black tiles as part of this message. And i think that it will certainly resonate. Today. What about tomorrow and next week and the week after that and for months and years. And i just wanted to point out something that tim cook put out, the ceo of apple, yesterday, this message to the employees. But its one thing about being sensitive to the issues of black men and women across the country. But that Company Needs to hire more black individuals. If you look at the breakdown and this goes particularly for technology. The industry tends to be extremely progressive but if you look at the overall breakdown of the employees at just apple, overall, including retail employees, 9 of the people who work there are black. If you look at tech jobs, it is if you look at just the technology jobs, 6 black. Leadership, 3 of apples leadership are black individuals. Do better. Rather than just talk, lets see some action. Maria yeah, its a really good point, dagen. Coming up, the political fallout, how the unrest is hitting the 2020 race, well take a look when we come right back. Maria welcome back. Good tuesday morning, everybody. Thanks so much for joining us. Im maria bartiromo. It is tuesday, june 2nd. Your top stories, just before 7 30 a. M. On the east coast. Another night of protests last night as curfew orders are ignored. Markets pointing to a higher opening, futures indicating a gain of 136 on the dow, nasdaq up 44 and s p 500 up 14 and a quarter. Corner stone macro telling me there is like throw be a sharp pickup in retail sales in the Third Quarter, increasing by as much as 12 in the Third Quarter. Were looking for a rebound, second half of the year. Major averages kicking off june with gains. Yesterday, the dow industrials were up 91, nasdaq was up 62 and s p was up 11 andahalf. Global markets this morning also with a firmer tone. European indices moving eyer, the dax seeing a strong rally after being closed for a holiday yesterday. German chancellor Angela Merkel pushing for an additional 110 billion in stimulus, the dax up 4 . Asian markets green across the board, pretty much across the board better than 1 , shanghai composite was up just a quarter of a percent overnight. Curfews across the country amid the george floyd protests, now forcing some apps to suspend operations. Cheryl casone with the details there. Cheryl. Cheryl thats right, maria. Uber suspending its services in los angeles, oakland, San Francisco and parts of minneapolis during curfew hours. Lyft is following local guidance in communities under the curfew orders. Food Delivery Service door dash says it is pausing its operations and abiding by curfews and guidance from local governments where it operates. At least 40 cities and washington, d. C. Have imposed curfews in the wake of protests. Voting by mail facing the biggest test since the start of the coronavirus pandemic as seven states and washington, d. C. Hold primaries today. Indiana, maryland, montana, new mexico, pennsylvania, rhode island and south dakota all holding these. This could give us an idea of what to expect in november if we get a second wave of the virus and more americans would be forced to vote by mail. Many local Officials Say theyve been flooded with mailin ballot requests. President trump has been critical of mail voting. He says it leads to voter fraud. Well, Southwest Airlines is offering buyouts and temporary paid leave to its workers. They say the move is needed in order to survive the slow recovery from the pandemic. Southwest has never had layoffs or furloughs in its 49year history. The airline received more than 650 million in the second round of stimulus. Again, the stock is moving higher in the premarket. Well, an athome coronavirus testing kit from Quest Diagnostics has been quickly approved by the faked. Users use a nasal swab and fed ex the sample overnight to a lab. The ceo says the process is much more comfortable and less invasive for the patient. The results will be available to the user on the website and the mobile app and it will be shared with Relevant Health departments. Quest says it plans to have 500,000 kits ready to send out by the end of june. Maria, quest, fractionally higher in the premarket. Those are your headlines were following. Maria thats a big deal, home tests. Cheryl, thank you. Meanwhile, we continue to watch the results of the additional riots overnight, violence and looting in major cities despite curfews in place. Police and the National Guard ramping up their presence across the country. President trump showing strength in his message to states rocked by the destruction. My administration is fully committed that for george and his family justice will be served. He will not have died in vain. But we cannot allow the Peaceful Protesters to be drowned out by an angry mob, the biggest victims of the rioting are peaceloving citizens in our poorest communities and as their president i will fight to keep them safe. Maria joining me right now is former Senior Advisor to the clintons, and the president of the takingwel stagwell group, mg partner, mark penn. Do you think the riots will spur electoral backlash as well . I think its a little early to really understand what the impact here is. I think you can see that there is a tremendous outpouring of support for the black community and for what happened with the police and the policeman and the killing here of mr. Floyd and i think theres no question here that as this rioting goes on, theres a danger of a backlash as a result of that and i think that america was in turmoil but is in greater turmoil as a result of this. I mean, this is really a breakdown of public order, although it looks like things were moving in a better direction last night than they were two nights ago. Maria yeah. Let me bring in jenna caldwell. Go ahead, jenna. Question for you. Knowing the work that youve done for the clintons and the love and respect that the Africanamerican Community has had for bill clinton, do you think well hear anything from him during this time or at all during the 2020 election cycle . Well, i would be surprised if we dont hear something. I think president obama put out a very eloquent statement yesterday in which he both condemned what he saw and the racism within the country but also upheld the basic principle of nonviolence in demonstrations and i would be surprised if former president clinton didnt put out a similar statement. Maria John Hilsenrath. Jon mark, two questions for you. One is, how do you think the events in minnesota and the protests that followed moved the needle if at all in terms of the black vote and the coming election at the president ial level and state levels . And also, how do you think its affecting Vice President bidens thinking about his own Vice President al pick . Well, you know, i think this country has been polarized here for many years across multiple elections and president s and its increasingly polarized, it looked like during the pandemic that actually the country would be a little less polarized. I think theres a sharp polarization over these issues. I think it tends to sharply divide the country once again, rather than bring it together. Is it going to benefit one party or another . You know, i think its not the right time to talk about politics versus kind of the need for leadership to bring the country together. We havent seen any real symbolic yet. In terms of Vice President al pick i dont think its going to have an impact but i think hes obviously looking at a prominent africanamerican woman as well as nonafricaafricanamn woman. Maria let me ask you about the bad cops we saw at the top of the fbi and doj. The Justice Department is urging a federal Appeals Court to dismiss the prosecution of general michael flynn. The district says the dojs decision to drop the case after mr. Flynn pleaded guilty raised uncommon questions that he needed time to consider. Mark, where do you think this goes . We know that general flynn was ambushed by the fbi who set him up. Well, i certainly hope the higher court issues this writ of mandamus. I think the idea that George Sullivan lawyered and put in arguments on his behalf, that basically cast unsupported aspersions on the government would justify a runaway judge in any case. I thought the arguments were laughable and i thought the arguments of the government, discovered that a lot of material was not handed over to general flynn. That alone woman date dismissal of the case. What judge sullivan did makes absolutely no sense. His arguments are laughable. Maria we know john durham is continuing his criminal investigation into what took place in the 2016 election. When would you expect that . The closer we get to the election, the more political this gets. I think people want to see accountability. And then if President Trump loses in november, you know youre not going to hear another word about what took place in 2016 in terms of the effort to take down donald trump. Well, i think thats right. I think that durham is going to have to decide here within the next 60 days because you cant i think leave this until the election or do it right in september. By that time, hes either found at least some criminal wrongdoing or not and yet we know there were even emails that were changed on carter page, itself, just clearly illegal. So we know theres a whole bunch of il illegality here. I think weve all been waiting for some real strong action here before everybody forgets what this is even about. Maria i mean, did you learn anything from the document drop that we had in the last couple of weeks . We got the details from the kislyak call last week. What the obama official said about collusion under oath, when they were all under oath from Samantha Power to the whole list, susan rice, they all said the same thing, no, we dont have any evidence of any collusion, including john brennan, no evidence of collusion at all under oath and then they all went on tv and said the exact so opposite, john brennan going on msnbc, saying President Trump committed treason. Will there be accountability for this, that the whole country was stirred up for three years over something that was made up. 45 in the last poll still believe that trump was an agent of russia. Its really astounding here. You look at the revelations and you wonder why these footnotes that showed that the fbi had evidence directly undermining the dossier, which on its face was ludicrous. How in fact 302s were changed, how in fact this information about flynn being set up, you know, was hidden, how in fact the material related to carter page, that there was no just at justification for any of this, revelation after revelation has come out way late and i think those who are following the details really see that this was an investigation without any foundation and accountability is a requirement here. Maria and people like John Ratcliffe and devin nunes tell me that every sunday throughout 2018 but it just went over peoples heads. It was just this moment in time when people were just fired up over collusion and werent hearing anything but that. Mark, its always great to talk with you. Thank you, sir. Thank you. Maria quick break and then stopping the unrest, Law Enforcement looking at ways to get riots under control in cities across the country, we are taking a look when we come back. 300 miles an hour, thats where i feel normal. Having an annuity tells me my retirement is protected. Protected Lifetime Income from an annuity can help your Retirement Plan ride out turbulent times. Learn more at protectedincome. Org. Maria welcome back. Officers under attack, cities across america set ablaze yet again last night as violence erupted nationwide over the death of george floyd. Macys iconic Flagship Store right here in new york city vandalized as assailants ignore curfew orders to destroy and loot businesses. President trump vowing to take tougher action, saying he will deploy the u. S. Military to end these riots if states do not send in the National Guard. Joining me right now is new York State Troopers Association President , thomas moggere. Thank you very much for joining us. Appreciate you being here. Good morning. Maria first, your reaction to what is taking place. What can be done . Well, its well, lets start with the events that led us here. Those were simply appalling. As a Police Officer, i cant wrap my head around what happened out in minneapolis. So from where we are today, people have a right to protest but what weve been seeing are riots, outofcontrol riots and things got a little ratcheted up last night in. Hillary. In buff buffalo, new yol behind the wheel of an suv ran over one of my troopers and one of my troopers suffered serious nonlifethreatening injuries but he has to go under surgery today. So its getting a little bit outofcontrol. Maria thomas, im so sorry to hear that about one of your troopers. I know you wrote a scathing letter to new york governor andrew cuomo. You condemned his handling of this violence, slamming his lack of support for the state troopers unionings as appalling. You write this, unfortunately our topple ected officials top elected officials have offered zero support for us. We get up every day and proudly put on the uniform and protect the people of the state of new york. Now is not the time to be ashamed of supporting troopers. We deserve better. Tell us what hes done wrong. Well, first of all, he said he sided with the protesters. Again, as a Police Officer, its we will protect somebodys right to protest. Its a godgiven, its a u. S. Constitutional right to protest. From what weve seen, these have turned into riots. Protesters do not bring molotov cocktails and hammers to a protest. That becomes a riot. They dont break windows. Vandals do that. Last night, somebody ran over one of my troopers, thats a riot. When the governor referred to the incidents as ugly and protests, i took offense to that. Because they were not protests anymore. There is a select few people that have chosen to go the criminal route and impede on the rights of everybody else and destroyed businesses, destroyed property and put peoples lives in danger. Maria so what do you want to see . Do you want to see the military on the road . What do you want to see in terms of stopping these riots, stopping these lootings . Something has to be done. Something has to be stopped. Weve deployed hundreds of troopers upstate. We have troopers down in new york city. New york city has their hands full. The nypd is doing the best they can. Albany, syracuse, rochester, buffalo, weve had hundreds of trooperers deployed over the weekend, helping out local police in those respective cities. It appears that we need even more and if it takes the National Guard to quell this and stop this, then we cant get we have to stop the looting, the rioting, before theres meaningful change in this country. Maria thomas, thanks very much for all of your hard work and leadership and keeping us safe in new york. Well keep checking back, sir. Thank you. Quick break and then the riots across america having lasting impact. The latest from washington as President Trump vows to take stronger action. Stay with us. Well be right back. Effortless is the lincoln way. So as you head back out on the road, well be doing what we do best. Providing some calm amidst the chaos. With virtual, realtime tours of our vehicles as well as remote purchasing. For a little help, on and off the road. Now when you buy or lease a new lincoln, well make up to 3 payments on your behalf. Maria welcome back. President trump vowing to deploy the military to control widespread rioting and looting if stat state officials do not e action. Griff jenkins is in washington this morning with more of the federal response. Good morning to you. Reporter good morning to you. Our phone is breaking up a little bit here. Were here outside of Lafayette Park, the scene of incredible protests and it got violent but you can see this morning it is peaceful protesting, just a handful of folks here, a gentleman from black lives matter yelling the name of george floyd and other africanamericans that have been killed, a Woman Holding a sign and of course were outside the saint johns historic church. But it was this multiLaw Enforcement, National Guard combination that was instituted last night that brought things more under control than the previous night. We saw something we rarely see in d. C. , and that is a military helicopter hovering feet above the protesters, near judiciary square, trying to track their movements and move them in an orderly way and that is something that they have not seen here before, perhaps the reason why it was a quieter night with fewer arrests and fewer tense moments. All because of the president vowing to crack down. Listen, heres what the president said. I am dispatching thousands and thousands of heavily armed soldiers, military personnel, and Law Enforcement officers to stop the rioting, looting. Reporter but the protesters are going to continue to be loud out in the streets to get their message out. It is interesting too that earlier in the day the president had been admonishing governors to take control of their cities and their situation. Ill tell you, the moment that was really historic, though, maria yesterday was when after the president s rose garden remarks, he walked the distance of Lafayette Park that you can see thats been shut down, that black fence erected since yesterday, its riot fence, no one goes in there and he walked through the Lafayette Park and over here to the historic Saint Johns Church. Certainly sending a signal that he is taking control here, although a lot of criticism, maria, from lawmakers on capitol hill that the president used tear gas and a heavy hand to clear his path. Well have to wait and see what happens later tonight. So far, things are quiet this morning, maria. Maria griff, i thought that walk was really important and i wonder really what the president s message was. I mean, to me walking with the whole group behind him, flanked by his attorney general on one side and his defense secretary on the other side, walking through Lafayette Park to me said, look, we are not going to tolerate this criminality. We are not going to tolerate this looting. I am coming for you. What do you think this meant in terms of this walk . It was quite symbolic as he approached Saint Johns Church which was all boarded up, the church of president s. Reporter well, i think youre right, maria. It did send a serious message in terms of the Law Enforcement footprint. Ive got to tell you, ive been covering these protests since 2003 and 2004 since the earliest days of the Antiwar Movement and this has risen to a level i havent seen. Ive been contacting my sources within antifa as well who tell me theyre taking it to the next level because their message hasnt been heard in previous efforts, so certainly a message the president was sending, maria. Maria yeah, griff, thank you. Griff jenkins on the ground. And well be right back. Maria welcome back. Good tuesday morning. Thanks for joining us. Im maria bartiromo, tuesday, june your top stories 8 00 a. M. On the button on the east coast, more protests overnight to report, violence, looting in major cities, despite curfews in place, Police Officers under attack President Trump vowing to stop the violence, will call in military if necessary. After his rose garden address last night the president also making a surprise visit to Saint Johns Church by barr and he is per, a day after set on fire church was board upped as you see, George Floyds family calling for peace after independent autopsy says floyds death was homicide cause differs from what medical examiner says transponder gain at start of trading this morning, Cornerstone Macro telling me likely a pick non retail sales nancy lazar expecting increase Third Quarter as much as 12 in retail, consumer goods, dow industrials this morning up 122 points s p 13u7 nasdaq up 33. Major averages kicking off june with gains yesterday as well, big move upwards dow up 91, nasdaq up 62 s p up 11, air also taking off hopes rising for rebounds in the travel industry as tourists attractions are reopening lasting Economic Impact of the coronavirus as businesses open a new report from Congressional Budget Office revealing that it could take 10 years for u. S. Economy to fully recovery from pandemic shutdown mornings with maria is live right now. Maria Global Markets a firmer tone european indices higher across the board dax in germany up almost 4 3 and twothirds percent gain 427 points, the dax strong rally after closed for a holiday yesterday. Also, were germanian chancellor Angela Merkel pushing for additional 110 billion dollars in stimulus, in asia overnight green across the board there as well, as you can see, most up better than 1 joining the conversation dagen, mcdowell, Jon Hilsenrath, and caldwell. Good morning, everybody. Good morning. Some top stories chaos despite curfews america largest cities falling victim to looters even as police and National Guard rampup presence across the country protesters forcing their way into macys Flagship Store in new york city yesterday had been board Police Department, three people have been arrested so far. Looters making their way down new york city 5th avenue smashing winds are windows ransacking stops using crowbars to break into Microsoft Store clearing it out a rolex store in soho new york says 2. 4 Million Dollars worth of watchers have been stolen last night, much of the destruction of businesses happening at night, forcing cities to impose curfews new york city now making its curfew earlier stoneding it to 8 pm instead of last nights curfew 11 00 pm so far six states 13 cities issued a state of emergency governors in 23 states washington, d. C. , have activated the National Guard to support local Law Enforcement. President trump addressing the country after violent protesters looting erupted following death of george floyd, the president , speaking from the white house last night, threatening to use the military, if states cannot halt unrest. I am taking immediate president ial action, to stop the violence, and a restore stutter and safety in america i am mobilizing all available federal resources civilian and military to stop the rioting a lot to go end destruction arson to protect riests lawabiding americans. Immediately after the speech the president left the white house, made a walk through Lafayette Park on his way to st. Johns church. Across from white house, this church was damaged by the fire over the weekend, he walked through the streets flanked by attorney general william barr and defense secretary mark esper. Then held a bible in front of Saint Johns Church the family of george floyd commissioning independent autopsy two doctors hired by floyds family ruling his death a homicide, fired shaufr schaufen seen kneeling his neck states floyd died due to quote cardiopulmonary arrest, Floyd Mayweather says he will pay for George Floyds funeral set for next week. Another round of a loting in chicago area, as well protesters again turned violent Grady Trimble there in suburb of chicago grady good morning to you. Reporter maria good morning there were concerns the destruction would spill into suburbs exactly what we saw here in suburb of naberville last night what we are seeing right now dozens, of volunteers and city workers, helping clean up some destruction last night plaernths there was a peaceful protest about the that dispersed fireworks went off a group moved in started breaking windows, in some cases looting but compared to what we have seen, i would say they took lot less from the stores, compared to other parts of chicago that had been looted over the weekend. Do i want to show you some video that we have of a large o protest in chicago, last night thousands and thousands of people, gathering there in what turned out to be a largely peaceful protest after incredibly violent weekend i talked to Business Owner in city of chicago wicker park neighborhood planning to reopen tomorrow now plans are derail because her store was looted, listen. Closed just broke into the window, and what they wanted. Larger sense what happened to livelihood. It is gone, gone. Okay. While a lot of property destruction here in naperville no reports of series zblurz another suburb there were two people killed, and 60 people arrested things got violent there, and looting continued there, it seems though they have gotten a handle on the situation in chicago. We will see as the day progresses, if it stays safe in the city maria. It is so sad, to see the people that are being impacted have this has nothing to do with any of this. Grady, thank you Grady Trimble joining us there, in chicago. Joining me right now to discuss protesters and federal response louisiana senator member of the Senate Judiciary appropriations Banking Committee john kennedy senator great to have you this morning thanks very much for joining us very sad pirctures to look at shop o owners watching livhoods in flames with criminals putting fire to institutions, your reaction and what can government do about this . It is important, maria, to remember that most americans get up every day, go to work obey law try to do right thing by kids. This is what those americans are hearing, the mayors and the governors say in these states where the looting and the burning is taking place. They are hearing these public Officials Say were in the middle of a pandemic. Opening up your business is illegal. But burning it down and looting it is not. And American People appalled governors mayors need to get control of cities or get out of the way let federal government do it. It is not racist to enforce the law. The law knows no color. Maria well which is why the president said if the governor cannot get this under control, the president will deploy the military, your colleague tom cotton tweeted out justifying use of military, to quell protesters senator tweeted out a number of instances, over the last 100 years including riots following murder of Martin Luther king, jr. , in terms when have the military was used, your thoughts on deploying the military, to stop the unrest. I hope we dont have to. It is up to the mayors. And the governors. In these states. Where this this looting and burning is taking place. But if they cant do it, if they cant get it under control, or if they dont want to get it under control, because of their politics, then the federal government is going to have to step in. Look. The Police Officer murdered in floyd the Police Officers who watched it happen are culpable peaceful o protesting is a american as be able, but stereotyping cops a hitting up a cops just because they are cops is wrong. And looting and burning and felony rioting is illegal. And the people who do it should be punished to the full extent of the law right now, many of them are just being arrested and let going to out and do it again. I give you mayors the daughter of the mayor of new york. Right chiara de blasio arrested for doing that exactly, let me ask you caution youve got people on streets in america, to people in the streets across the world hong kong as well trying to push back, on chinas authoritarian rule youve got a bill that passed, your bill, three state owned firms purchased at least 180,000 tons of soybeans after beijing reportedly ordered companies halt soy pork purchases amid United States amid tensions over hong kong and autonomy you have been advocate for demanding fairness from china spearheaded the effort if they do not comply with u. S. Accounting rules can we ever trust china to be transparent give us a time containable of your bill will bill. Will it go to president s desk. I dont trust communist party in china right now whether they hold up to trade agreement or not. I i hope they do, i am not going to faint with surprise if they dont the communist party of china cheats. My bill is going to be handled by congressman sherman in the house, happens to be a democrat an expert on capital markets, i hope i believe it will pass. And i think the president will sign it. It sends a very clear message to china we dont want you we dont want to treat you any differently you just got to follow the rules that everybody else does, stop cheating. I mean i look at situation like buying their accounting, and investors bought into it thinking next starbucks of china until they recognized, it was all made up. The stock is now 2. 059 share this is 2. 09 a share how investors get impacted if you dont have everybody following rule of law on u. S. Exchanges. Communist party of china cheats. The people of china are good people. But theyve got a lousy government. Senator great to have you this morning, toub to talk about this thank for leadership sir we will see you soon senator jane kennedy from louisiana joining us this morning in washington weve got a lot to talk about this morning next up former counsel every economic advisories chairman under president obama goolsbee here how he see it is economy recovering after cbo report 10 years Sarah Sanders joining us on President Trumps response tro protests gripping the country dont miss that it is all coming up. There are times when our need to connect really matters. To keep customers and employees in the know. To keep business moving. Comcast business is prepared for times like these. Powered by the nations largest gigspeed network. To help give you the speed, reliability, and security you need. Tools to manage your business from any device, anywhere. And a team of experts here for you 24 7. Weve always believed in the power of working together. Thats why, when every connection counts. You can count on us. Maria markets pointing to a higher opening to look at stocks dow industrials up 141 points right now nasdaq up 32 s p up 14. There are new concerns hover this morning about the economic recovery from coronavirus, that it could take the better part of a decade according to report from control budget office, Goldman Sachs saying the jobs market is showing early signs of recovery, from coronavirus damage joining me right now former counsel every economic advisers chairman under president Obama University of Chicago School of business professor economics Austan Goolsbee thank you for being here. Great to see you again maria. We saw the pictures of chicago, just a while ago when i had Grady Trimble on the show, and he walked us through some of the protests turning violent looting intensifying in major cities over the death of george floyd. Businesses already in shambles from coronavirus lockdowns now dealing with vandals who is a your take on where we are this morning, austan reopening of america . Well, you got two Different Things going on, here in chicago, there was some looting, in small patches mostly there were i think hundreds of thousands of Peaceful Protesters, i do think it comes at an awkward moment for the economy. As you know, we went into lockdown mostly not from policy, i mean the withdrawal from the economy began because people were afraid it started before there ever were lockdowns now trying to undo lockdowns encourage people to go back out i think an awkward moment for that because people are going to again, feel like there is a lot of uncertainty. And moments of uncertainty like that are definitely not good for more than economies where so Service Sector dominated. The president says he will mobilize the military, if the governors do not control this unrest, you are saying there was a lot of peaceful protesting in chicago that is not what we saw across the country what is your take on getting the military involved . Well, i for business i dont think declaring martial law is going to be good for business. I think the markets going to be a little have extra uncertainties on that, i did not think it was president s finest hour to have there were Peaceful Protesters outside white house they tear good of them through black hawk helicopters at them to clear them out so he can walk across the street hold up a bible. I thought that was a little strange. We are going to see how president s reaction plays out. In the u. S. , historically we dont have a lot of great parallels either on the economy, or on the crackdown on protests. What impact they have on the election. I think a Congressional Budget Office report that you mentioned the top of the segment is kind of an interesting one because it shows to get walk to where we were before covid, takes a very long time. But that there would be a rebound in the short run. That would be pretty significant it would just be 15, 20 of where we were. Maria yeah, just to be clear, austan in president was making this so symbolic walk to st. Johns church will holding a bible st. Johns church was totally defaced boarded up, in new york, macys looted nordstrom looted fires set michael coors looted two times best buy several 57 street boutiques so anything but peaceful in terms of what were seeing across the kin you may be seeing something peaceful in chicago but Dagen Mcdowell jump in here, because we are talking about a situation, that has gotten out of control across the kin it is not peaceful in many corners as we have seen firsthand on these pictures. Dagen no there is actually small Business Owner just opened a wine store on my street, he did it with his own hands, like built the shelving, everything the front window the door were smashed in, not last night, night before last. And he is devastated but austan this goes to the point to link to it the economy, you have these businesses, retail in particular devastated by lockdown rough Financial Condition many major chains already filing for bankruptcy you throw in destruction of property particularly with privately owned or Small Businesses, that are already struggling. You have what is going to be a wasteland new york city other metropolitan areas how many business dont reopen how many jobs are destroyed permanently that is distribute to go this recovery that is going to take a decade . Well, that is not in the assessment bo report obviously, we are going to come end of the men and women with ppp money for small business, is going to run out. So we gave hundreds of billions of dollars to Small Businesses, for them to keep employees on the payroll to the end of june. And now, as you know congress is fighting over whether they are going to extended that money, and i think there is potentially a whole second wave of unemployment that you are describing, if we see mass bankruptcies of these small firms, for the bigger firms, the fed is has got some ammunition but for the small firms they are going to be in trouble. Maria it is a very off to time austan thank you Austan Goolsbee. Well be right back. Maria welcome back retailer rebound Cornerstone Macro nancy lazar predicting a large pop in retail sales post coronavirus Consumer Spending could see 12 jump Third Quarter she rights Jon Hilsenrath lets talk economics in face of that cbo report saying going to take 10 years to recover what do you think about retail pop . Well, i think it is possible for this reason, you know, we had income report that came out last week, what we saw is that Consumer Spending collapsed in april incomes were supported so many government handouts to Unemployment Insurance checks that went into as a result of that, household saving, was actually picking up during that time so there could be pentup demand. But, you know, i think there is a good chance we will see a pop. But there is really just so much coming at american households and the economy right now, i think the idea that we are going to be back to normal as a nation any time soon is a bit of a stretch. You know, i want to say one other thing maria you just had conversation, with Austan Goolsbee about what was going on in Lafayette Park yesterday he said peaceful i want to say one thing i was actually down there looking what was going on talking to people. In the afternoon it was peaceful pretty calm, during the day. Clearly, there was lot of mayhem the night before. There was graffiti everywhere buildings burned. So austan said i think wars partly true. It was peaceful when that tear gas came out yesterday. But the night before it was definitely a different story. Yeah one of the reasons day agoen that nancy la radar is preektdz this comeback in retail sales in the Third Quarter is nonone because of reopenings number two because of all stimulus in economy up to 10 trillion dollars three savings rate jon mentioned income savings report came out last week incomes up but savings rate was up to 33 Dagen Mcdowell. Dagen right the danger is, jon i think the word is historesis. Jon brought up slow growth kref behavior begets slow growth conservative behavior even if you see retail pop coming off a low the initial bounce in economic activity, potentially, then peters out levels off. Just one other thing. If you listen to a company like starbucks the wall street journal is reporting going to let further limit employee hours to match paired back operations also told employees to take paid leave that they can, until september. This is despite reopening, they are really not seeing that big pop in in sales at these stores so i think that is a major concern. Maria all right. We will take a break when we come back we are talking about a nation on edge, this morning, the very latest from the white house, as President Trump vows to take further action, amid unrest sweeping the country. Stay with us. Well be right back. Welcome back i am maria bartiromo, tuesday, june 2 top stories 8 1 a. M. East coast another night of protests across america some turning violent curfew orders ignored, are looters ransacking stores in new york city, including the iconic Macys Herald Square i spoke with former mayor Rudy Giuliani in the last hour, about the current mayors handling of this situation. The mayor, should step down. He incompetent losing property seeing people damaging hurt pretty soon going to lose lives if this man doesnt get out of the way let someone activate the Police Department . Futures indicating a gain start of trading up 150 points this morning, Cornerstone Macro, this morning, telling clients that there is likely a sharp pick non retail sales nancy lazar saying sales could be up 12 Third Quarter after cbo said the economy could take 10 years to recover from coronavirus. Nancy lazar looking at 33 savings rate reopenings across the country starbucks cut back in coronavirus pandemic Cheryl Casone with a that angle. Cheryl that is right, maria. Company says it is kult more employee hours after decided to keep most dining rooms closed employees can choose to work reduced hours or take unpaid leave of abs until september many reportedly concerned reduced hours will make them ineligible for Health Insurance starbucks reopened majority u. S. Stores in early may after shutting down nearly two months, pick up delivery or drivethru the options that are available if i like starbucks we should add, marriott international, that stock is actually up in the premarket right now as you can see, up more than 1 1 2 percent shares jumped over 8 yesterday after Company Announced positive news on its road to recovery at least overseas ceo says they reopened all hotels in china, the company also seeing a steady recovery in the u. S. For hotels reaching about 20 occupancy, it could take years for the company to reach prepandemic numbers, remember they owned ritzcarlton saint regis chain. Fans can return this month Business Journal says limited number of fans could be aloud in states that eased restrictions on mass gatherings, nascar races last month following two month pause during covid19 pandemic other headlines for you maria. Back to you. Maria cheryl, thank you so much, meanwhile, brutal riots rocking the nation forcing President Trump to call americas military to stop violence fox business blake burman in washington this morning, with more on that, blake, good morning to you. Reporter maria, good morning to you as well President Trump threatening to send in. S military, on to u. S. Streets should streets continue to be overrun about riots we have seen across the country, in comments made yesterday, in the rose garden though the president did not address what is behind peaceful protests we have seen across sun those seeking to change are racially yen just he said law and order needs to be in place if not that is when the military will come in. The biggest victims of the rioting or peace loving citizens in our poorest communities, as their president i will fight to keep them safe. I will fight to protect you. I am your president of law, and order. And an ally of all Peaceful Protesters. Reporter that have the speech president walked out of white house across Lafayette Park to st. Johns Church Vandalized and set on fire the prior evening, there you can see, he held up a bible, and walked back to the white house. Before that, the protesters in Lafayette Park were cleared away with tear gas critics say, for no other reason than to individual a photo op Nancy Pelosi Chuck schumer saying at time kirn calls for unification this president ripping it apart tear of gag Peaceful Protesters without provocation just so president could pose for photos outside a church dishonesty every value taught. President trump first lady will head to st. John appall Second National sideline in washington president also signing executive director on advancing religious freedom. Joining me right now to talk more about that former White House Press secretary Fox News Contributor Sarah Sanders, sarah wonderful to see you this morning, a sad day he, week for or country your reaction to president s move last night you saw what nancy pelosi and Chuck Schumer said about his o symbolicwalk to st. Johns church. Look. The people who desecrated st. Johns church, that is an act of true cowardice the president standing up in front of the Country Holding a bible standing before a church that is a sign of courageous leadership that is the type of leadership that we need. I completely disagree. The president was looking for a way, way to bring people together. He has been very clear. He supports peef protest that is country of law and order the president number one job is to keep us safe. In order to keep us safe, we have to have law and order, there has to be, justice for george floyd. What happened to him was completely unacceptable i dont think you will find anybody that disagrees with that, and certainly, everyone should be angry should be outraged people should have the right to gather in any place they want and peacefully protest but that is not all we are seeing take place the president has to do what he can to make sure he restores law and order to the country. Yeah, i thought that walk was powerful showing of we will come for you if you continue this criminality. There are Peaceful Protesters that we want, and then there were the criminals who were throwing bricks through stores, that church was damaged by fire set by weekend rioters sarah explain importance of st. Johns Church Called for years the church of president s. This is a church that every president i think since James Madison has stepped into, show faith our country holds to show that we still believe in something bigger than ourselves. And the idea that people would go and destroy the historic landmark along with many others weve seen capitals other buildings across the country, destroyed, set fire, spraypainted vandalized. That is not helpful at all to this process. People that are peacefully standing up and saying that we want to see something different, i think that is a great sign of people fighting for justice for something that should never have happened. And those people should be i there i have been Beautiful Moments too that have been lost in all of the chaos that people who have formed human chains to protect Police Officers, people who have come together that, might not normally be allies hugging in the streets across america those are moments that i like to see us playing time and time again, on the news, but instead we are watching people destroy american cities, and doing so in the name of george floyd his own family has called for those people to stop. And i hope that they will and the president is right to try to find way to restore that law and order. Maria is gianna caldwell. Your colleague, question President Trump has shown to legislation like first opportunity zones, historically black colleges can provide positively impactful policy for of amen americans are youaway of any internal conversations going on at the white house on police kt have you tone to Police Groups may be senator tim scott on body camera legislation anything like that. I know there have been ongoing discussions, and that did not just start over the last month this has been, something that i think has been discussed for a long time but now, i think the whole country is focused in on it. Look, this is a president who was loves all americans i think you can see through policies he put forth many of which just named that where he has tried, to bring unification to the country tried to help minority communities in a way frankly we havent for a long time. And i think he would love to sit down, and figure out whether tim scott other leaders Police Officers to figure out how we best move forward i think that would be a great move would i love to see white house do that. This is a president , who wants to make sure we are protecting everyone, that we are building this country up not tearing it down. I think he would welcome any way in order to do that to move forward. Maria we need compassion and kindness forgiveness right now and, yet, the politics keep getting involved, look at twitter, taking action against conservative tweets again. What do you think about this sarah florida congressman matt gates latest victim of twitter fact a checking flagging his tweet with warning label claiming it grossed violence after congressman called to quote hunt down and protesters thoughts. Double standard coming out of twitter is absolutely mindblowing allow iranian leaders to go on twitter talk about annihilation of Israel Destruction of entire jewish people yet censoring republicans own so many fronts their job not be to censor conversation let americans decide what they want to read would they dont they donned neither liberal twitter executives telling them what they can and cant she and what should, should not be appropriate. That is for American People to decide not them. I think they need to get out of censorship game a dangerous road one they are not doing a very good job with so far. We will see where that goes, obviously, the president and the congress, watching that closely, sarah thank you good to see you this morning, stay safe, and thank you for being here. Sarah sanders joining us there. Thank you, maria. Quick break air travel takes off Airline Industry shows signs of recovery details next, is it a real takeoff . Is it the same . Back in a moment. Ee Life Insurance program just for healthcare workers fighting covid19. Learn more at massmutual. Com healthbridge sprinting past every leak in our softest, smoothest fabric. Shes confident, protected, her strength respected. Depend. The only thing stronger than us, is you. Maria welcome back. Travel seems bouncing back a bit major mirlz reporting uptick in passengers but the numbers nowhere near a precoronavirus levels tsa says it screened nearly 949,000 passengers this weekend compared to 476,000 screenings during the first weekend in may, jon i think this is going to take a while. It is all about the behavior of consumers. You can have lots of cleaning of the planes changes to make but will consumers have confidence Jon Hilsenrath to get back on the plane any time soon . Reporter well, i think that is the big question, and the answer is probably almost certainly not as much as they did three to four months ago you know i think this isnt just a problem for airlines. You also have to look at what does it do to movie theatres brad away shows any where are you pack people closings together going to struggling to get to normal the other Issue Airlines are depending on federal money to get them through a few more months a lot have already announced that they are going to start laying people off a few months from now, i think that raises a question of whether you know, it makes sense to o shovel money when they were going to turn around lay people off the end of that period. Maria dagen what do you think you travel much. Dagen one of the issues i recall these are going to run into so few aircraft in the air trying foil up planes before they bring other aircraft back into service you have a very little number of flights coming and going out of new york city to other parts of the u. S. The issue is to some family plans a trip down to disney world as it begins to reopen, in july, but the planes are so crowded that it ultimately discourages people from traveling going to be a tricky balancing act for the airliners to make sure people feel comfortable. And since to tack on to what dagen said i think kind of thing good morninger a lot of americans again we pumped federal money bailout money into airlines the response to jack prices up to keep you know a few planes in the air so neck raise prices all other airplanes are kind of sitting in storage, and you know we end up as taxpayers spending more money for them to having spend more for flights potentially less safe environment. Theyre going to have to do something they are probably going to have to raise prices some point right even though getting government month not able to get out, of this you know, in the strong position, given travel down 96 during the peak of the coronavirus. Thats true during the peak. Three weeks ago i flew into miami where i am now, the plane completely totally in tact. All right. I think it really was when i think what is going on come to coronavirus we see what happened with protesters all these people gathering together, i think there is going to be a lot of people say forget it if i have been around all these people not sick i am willing to travel to go to Grocery Store do this that the other, because clearly, a lot of folks have been together some cases nothing has happened. Maria that is a really good point we will see how that plays out given all people together like that. Great points watching airlines important sector for economy stay with us. Well be right back. You say that customers make their own rules. Lets talk data. Only Xfinity Mobile lets you switch up your wireless data whenever. I accept 5g everybodys talking about it. How do i get it . Everyone gets 5g with our new data options at no extra cost. Thats good. Next item corner offices for everyone. Just have to make more corners in this building. Chad . Your wireless your rules. Only with Xfinity Mobile. Now thats simple easy awesome. Switch and save up to 400 a year on your wireless bill. Plus get 200 off a new Samsung Galaxy s20 ultra. I want to take a moment to remember that what this country faces right now requires compassion it requires forgiveness. This is not just about law and order he everyone is stressed, coronavirus and 2020 election already have people on high alert, now that was before senseless death of george floyd. Lets show each other respect, compassion, kindness all day, to everyone you meet come cross we cannot bring george floyd back we can fix this together. Let me bring in panel on this, Jon Hilsenrath. I appreciate you saying that maria i do think that this that we are talking about law and order but we need to be talking about more right now i was thinking this morning about the pledge of allegiance what it says what it means i pledge of allegiance to the flag of the United States of america, and to the republican for which it stands one nation under god indivisible liberty and justice for all those justice for all words are critical i think a lot of people in this country, today, feel that they arent seeing justice for all that black population in particular, i think America Needs to make good on that pledge. And will be a better nation for it if we do justice for all. Maria that is right thank you for saying that jon, liberty and justice for all. I agree with the sentiments shared by both you maria, jon i got to tell you as americans it is so important for us in this moment to take a collective breath for some the worst three months of their leaves it is important to know we will get through it. We are resilient country, weve also a been a resilient kin, in there is nothing that will stop, our recovery. And our racial reconciliation look forward to as jon says justice for all continuing the conversation forward with white house leaders throughout our country that we can have more equal Justice System and judiciary. Maria that is right dagen. Dagen first duty of government is to protect the people, and Governor Cuomo mayor de blasio have been catastrophic failures on that whether dealing with coronavirus, protecting businesses and preventing looting, and theft and vandalism, particularly in new york city. That being said, the people here in the people across the country, know how to lift one another up, and to fix things that are broken, that is the collective coming together that we will see not just need to see but will see. Maria lets do that lets lift each other up we will take a break when we come back more mornings with maria. Stay with us. Is a time for action. So, for a second time were giving members a credit on their auto insurance. Because its the right thing to do. Were also giving Payment Relief options to eligible members so they can take care of things like groceries before they worry about their insurance or credit card bills. Right now is the time to take care of what matters most. Like weve done together, so many times before. Discover all the ways were helping members at usaa. Com coronavirus maria all right. I want to thank everybody for joining us this morning. Dagen, jon, gianna, good to be with you this morning. Thank you so much. Have a great day, everybody. Compassion, kindness, respect. See you tomorrow. Varney Company Begins right now. Stu, take it away. Stuart law and order, maria. Good morning to you. Good morning, everyone. There is no peace this tuesday, june 2nd, despite a heartfelt appeal from George Floyds brother, the rioting and looting continued overnight. One Police Officer, shot in las vegas. Hes fighting for his life. Four shot in st. Louis. They will survive. A sergeant shot in new york city, another one run over. Roving gangs got inside the iconic macys store in herald square, new york city. Thats the store featured in miracle on 34th street. Theres broken glass in city centers all across this country and you hate to say it, but there is now

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