Transcripts For FBC Mornings With Maria Bartiromo 20240712

The reopening of america. Take a look. Dow futures turning negative down 19 points but the nasdaq is up 9 and s p 500 is also negative down about 1 point, mixed story this morning, dow and s p 500 snapped 3day winning street yesterday turning negative by the close, dow down 170 points, nasdaq was up 14 but s p down 11 and a quarter. Secretary mike pompeo meeting with chinese top diplomats as issue on trade, human rights and coronavirus heat up, john boltons new bookmaking claims about President Trumps relationship and xi jinping. Protests in atlanta to report. Meanwhile an Capitol Hill Senate republicans unveiled Police Reform bill as House Democrats call for more action. Coming up at 7 00 a. M. Eastern this morning new york city mayor Rudy Giuliani will join me with his valuable insight on policing in america, the former mayor today telling us his reaction to all of this. Then cracking down on big tech, Justice Department looks to limit protections enjoyed by Technology Companies as censorship concerns grow. Mornings with maria is live right now. Maria checking Global Markets this morning, negative story, ftse 100 down and cac quarante down 32 and dax index right now down 50 points. We are getting the bang of england decision today at 7 00 a. M. Eastern. Investors will be looking for comments on an expansion of bondbuying program and any possible stimulus coming from the bank of england this morning, we will get you the news as soon as it hits. In asia overnight markets were mostly lower, center for Disease Control claiming the coronavirus in beijing is control. Other major indices lower by a fraction. Top stories that we are watching this morning. Protestors surrounding Atlanta Police headquarters as charges are filed against two officers involved in the death of Rayshard Brooks. Garrett rolfe facing 11 counts including felon any murder. Convicted he could face life in prison or even the Death Penalty. Officer Devin Brosnan first on the scene was charged with aggravated assault. The officers have until 6 00 p. M. To turn themselves in. Attorneys say they are not guilty and the video seems i waw you the video, exactly what happened when Rayshard Brooks turned on the officer and took taser gun and used it against it. Florida and texas reporting 2600 cases with more than 1800 in texas. Governors are not considering shutdown because the states are better prepared to deal with the uptick. Different story in michigan, Governor Whitmer extending state of order until july, in Hong Kong Disneyland reopening today with strict new safety rules, the park has been closed for nearly 6 months due to coronavirus pandemic. Employees forcing mask, it is 90degrees in hong kong today. President trump proposing the idea of tax credit, travel tax credit reportedly to 4,000 that could be spent on restaurants, hotel and theme parks. Senate republicans want to know what worked in previous plans before they consider new legislation. Ceo sunday Sundar Pichai announcing the company will create antiracing program and help support black Business Owners. Ahead of the opening bell, shares of google are flat as you can see. Thats the Parent Company at alphabet. Broke the law, President Trump sounding off on his former National Security adviser john bolton as the Justice Department is trying to block the release of boltons new book. He broke the law. He was a washed up guy. I gave him a chance. He couldnt get Senate Confirmed so i gave him a nonSenate Confirmed position and i could put him there and see how he worked and i wasnt enamored. Terrible, terrible thing that he did but he broke the law. Very simple. As much as its going to be broken, this is highly classified. Thats the highest stage. Its highly classified information, and he did not have approval. Thats come out very loud and very strong. Maria bolton claiming in new book that President Trump urged chinese president xi jinping to help him win the reelection and allude to go chinas economic capability and pleading with xi to ensure he win. He stressed the importance of farmers and increased chinese purchases and soybean and wheat in electorate outcome. Robert lighthizer speaking out on some of boltons allegations calling them absolutely untrue. Coming up gordon chang also with us fox Dagen Mcdowell, forbe media chairman and former president ial candidate steve forbes and Strategic Wealth partner mark tepper, great to see everybody this morning, thank you so much for being here. Gordon, you have been important student and writer of whats taking place in china, what is your reaction of this conversation that apparently took place according to john bolton between the president and chinese president xi jinping . Gordon well, Robert Lighthizer was clear in Senate Finance testimony yesterday, so right now its in doubt. Even what bolton said is true, what President Trump said lines up to other president s, goes back to nixon and the two previous administrations. I dont think that approach works, its counterproductive. Im in the minority of this and the mainstream view is what basically trump did. Maria yeah, gordon, there are so many levels to the relationship with china and i you know all of them back and forth. Secretary of state mike pompeo will be holding a meeting in hawaii with chinese counterpart and the two are using talks as an opportunity to stress the need for reciprocal dealings on a number of issues, the meeting comes amid unrest in hong kong as well as the global coronavirus pandemic, as we speak there are troops facing in indianchina border and thats not including theft of intellectual property going on. Whats your take of the u. S. China relationship Going Forward . Gordon i think that secretary pompeo, they can talk about it, they can continue discussions as they said they would but the fundamental problem is that Chinese Foreign policy right now is extremely provocative and belligerent and not just United States but india where they had the fatal clash monday night. China has picked up the tempo of that. Theres all of the incidents in the South China Sea and east china sea, invasion of taiwan. Beijing is lashing out. Xi jinping, chinese ruler is looking for a victory, he will probably end up with a string of defeats and thats when china becomes more dangerous. Although diplomats can talk the reality is that jinping is pushing the world in a very, very dangerous direction. Maria so what could come out of the talks, gordon, whats the point of having the diplomatic talks when we know about the the dictatorship and the behavior of the Chinese Communist party . Is pompeo really going to be able to contain any of this . Gordon i actually dont think but the one thing that secretary pompeo can do which hes good at doing is making it clear to china is what the consequences of their actions will be. He has been extremely stern and he has taken measures instead of talking about this so i think that the chinese will at least at the diplomatic level will take into account what secretary pompeo is saying, but the problem is its not the chinese diplomats, the problem is xi jinping, the chinese ruler. Maria yeah, is there any pressure that he could face in terms of the people revolting. Lets look at this indiachina conflict, for example. Secretary pompeo told me 2 weeks ago that xi jinping to gain more territory. India holding funerals, diplomats urges both sides not to escalate the situation but 20 people are already dead, gordon. Gordon yes, there are a couple of as a rule bulbs to this story. If they start to percolate through chinese social media, xi jinping will be in trouble because the chinese toll probably is higher. Maria, one thing that xi jinping has suffered is that in india theres hot anger against china. We are going to see india, i think, rip out and replace all Chinese Telecom equipment. Theres going to be this boycott which has started in the indian population of chinese goods and i think that you will see india move much closer to the United States, japan, vietnam and australia and much further away from china. This looks like a fundamental shift in indian Foreign Policy because the death of indian soldiers. By the way china started this fight. The death of indian soldiers is point where china cannot influence india anymore. Maria it certainly feels like maybe this is going to place where Many Companies decide to put supply chains in india and work with the u. S. In that regard as well to try to get the supply chains out of china, gordon, always a pleasure to see you, thank you so much for your important incites, we will see you soon. Thank you, sir, gordon chang joining us there. A lot coming up. Later this hour i will be speaking with ceo toy, dont miss that. In the 7 00 a. M. Hour, former new york city mayor Rudy Giuliani as the gop unveils Police Reform bill and Merrill Lynch president andy is telling me the biggest market moves hes watching this morning as we navigate wall street wrestling with reopening as well. Democratic senator from delaware chris coons is here. And then at 8 00 a. M. Eastern, krogers chairman and ceo rodney mcmilan will join us, thats coming up and texas senator ted cruz joining me on his plan to target googles anticonservative bias and i will speak exclusively with u. S. Small administrator on save america business. Big show, a lot coming up. 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Joining us right now ceo leo kelly, leo, great to have you this morning, how concerned are you with the fact as we reopen america we are seeing increase in spikes . Is this going to take us back a few steps . Well, obviously you have to be concerned at any coronavirus spike. One is we are doing more testing and we will see more cases, secondly, theres an interesting statistic as where people come back to do elected procedures they are being tested for coronavirus, so youre going to see more coronavirus cases in hospitals as a result of all this, so i think we have to focus on the death rate. I think we have to focus on the death rate and the vulnerable. I dont think the country will have an appetite to do complete shutdown again and i think the market is showing us that thats what it believes as well. Maria economists predicting another 3 million jobs lost, that would be 44. 2 million jobs lost since the end of month. Leo, how does this play into how you invest today . Well, i think when you look at this quarter as as damaging and as difficult as this quarter is in terms of the statistics of unemployment, Small Businesses, thats what the fed came in to do and thats what the stimulus came in to solve for, was to get us through this moment. The market is a forward forecasting mechanism and so while the jobs numbers will be ugly today, the key is what is the pace of change, the rate of change and as long as the Economic Data continues to improve, then we have to lock forward beyond what we are going through today in terms of our investment strategy. As i said before here on the show, maria, as you know, rate of change on the economy, rate of change on the science and take note of the political atmosphere around shutdowns. Those are the 3 key variables and as long as they continue to improve the market should stay strong. Maria mark tepper. Leo, when it comes to putting new cash to work what are your favorite sectors or industries right now . Leo new cash to work today is a little bit tougher proposition because the market has run and has already in my opinion discounting successful outcome for the year, we are almost at a high, its a little bit more difficult today. There are still some lagging areas like industrials and financials that are interesting, small caps continue to rebound but theyve made a big run, frankly cash is a good place to be right now. We are going to have volatility. I dont volatility is in the dna of an Equity Investor so holding cash isnt bad. We also, by the way, like private equity. There are opportunities in the private equity where maybe not in the mainstream Venture Capital world but there are opportunities in private equity that make you opportunity to make a higher yield. Maria we will leave it there. Leo, we will be watching, thank you so much, leo kelly, for joining thus morning. Coming up Colin Kaepernick makes a comeback, President Trump running reverse place, softening on the kneeling controversy, the president s take coming up next. Coming up where will you go first . Wherever you make go, lexus will welcome you back with exceptional offers. Get zero percent financing and make no payments for up to 90 days on all 2020 lexus models. Experience amazing at your lexus dealer. Now every bath fitter bathbath fis installed quickly, experience amazing safely, and beautifully, with a lifetime warranty. Go from old to new. From worn to wow. The beautiful bath youve always wanted, done right, installed by one expert technician, all in one day. Weve been creating moments like these for 35 years, and were here to help you get started. Book your free virtual or inhome Design Consultation today. Maria well, Colin Kaepernick may return to nfl. President trump said hes on board with kaepernick returning to the league, listen to this. If he has the ability, if somebody would take him. Youre not going to lose games because wanting to be politically correct. Maria and one team is giving the former quarterback a closer look, the Los Angeles Chargers head coach anthony lynn said it would be crazy not to have workout list, ill think most teams would explore that. Dagen mcdowell, your reaction . Dagen that its nice to hear that from President Trump but this is people look at Colin Kaepernick now and what he was doing to draw attention to racial injustice, the treatment of black men and women by some members of Police Departments across the country even racism taking a knee and they look back and see what he was trying to tell people particularly following the murder of george floyd, and i said this before in terms of what we started seeing from, beginning with a nascar official, taking a knee but saluting during the National Anthem, this is going to be a form of powerful but quiet protest across the country to draw attention to these important issues and its going to be happening across sports and so i think the president and people who dont like it need to realize its not political, it is deeply personal for these men and women beginning with Colin Kaepernick. Maria its a really good way to put it. Mark, how do you see it . Mark the way i see it is key here that kaepernick should not be blacklisted for the league. The guy is good enough he should be on the team. He had a good season and then exposed just like rg3 and then he didnt take tryouts seriously. You look at winston who threw for 500 yards and that guy cant get starting line, hes a backup to drew brees. Its all about game play here. Teams want to win and if hes good enough, he should be on a team. Maria well, the president also weighed in on the kneeling controversy. Listen to this. When the National Anthem plays and our flag, the Great American flag is raised, you should not be kneeling, you should be standing ideally with your hand on your heart or saluting. Maria changing his stance on that, steve forbes . Steve no, he is isnt. He is recognizing of the situation today and the fact that he can play a team will sign him, i guaranty you that. He will have a job coming the new season and i think they would get that season off the ground but in terms of the anthem and everything else, i think you will see a lot of players doing the kneel, whether its the nhl, nba, even baseball not sure if we will have a season yet, but that seems almost passe now given the situation we have today. I think most fans are just going to look away and i like it or dont like it but they will be focusing on issues like the upcoming Police Reform bill that the gop is introducing with senator scott and try to get substantive things done so other controversy wont be necessary because where reform is being undertaken, thats the key, real action and not just having to rely on symbols but getting real things done and especially on Getting Police transparency with the unions. And i think thats what the white house is trying to do as well, some real changes actually. All right, we will be talking about that coming up and also coming up americans are eager to get back to work but certain states are seeing record spike in coronavirus cases after rolling back restrictions, what it could mean for recovery coming up. A rearranged marriage, how brides and grooms are reshaping traditional wedding plans amid the coronavirus pandemic. Wait till you hear this. Stay with us maria welcome back, good thursday morning, everybody, thank you so much for joining us. Im Maria Bartiromo and it is thursday june 18th, top stories 6 31 a. M. On the east coast, concerns over coronavirus spike as the country reopens. Florida, texas, arizona are also seeing cases rise to record highs, futures are searching for direction this morning. Take a look at stocks, dow is down 24, nasdaq is up 8 points and s p down 1 and a half, similar story yesterday, the dow and the s p 500 snapped a 2day winning streak but the nasdaq was higher at 4 00 oclock on wall street. Nasdaq was up 14, s p was down 11 at the close yesterday. Global market this is morning like this, european indices lower across the board, we are waiting on the bank of england decision at 7 00 a. M. Eastern, investors are looking for expansion of this bondbuying program and any news of possible stimulus for england. Ftse 100 is down under 1 point, the cac quarante in paris is down 20 and dax index lower by 26. In asia overnight markets lower as well. Chinese center for disease criminal claiming that the latest coronavirus outbreak in beijing is under criminal, nonetheless, we told you yesterday rather that the entire city is being closed in terms of schools, et cetera, shanghai composite was up a fraction and the others were lower. Hertz slamming slamming the braw sale of new stock. Cheryl casone with the details, they were going to do a secondary . Cheryl a company thats in chapter 11 bankruptcy. After securitys and Exchange Commission raised questions about the deal, hertz was looking to take advantage of recent rally in its stock which sent shares as high as 553 each and investors file intoed the stock even after the company warned the new shares could be worthless. Theres the stock in the premarket, back down to a buck 81, loss of 9 and a half percent in premarket, by the way, the stock was halted for several hours yesterday. Well brands says it will do packaging review of syrups as quaker oats announced plans to retire aunt jemima brands because its raised on stereotypes but not the only corporation making changes. Uncle bens changing its look. It doesnt plan on replacing the products but focus on evolving the uncle bens brand. At t 5g network to cover this summer. Lyft pledging every vehicle in its platform will be electric 2020 but not providing for drivers to make the switch. Blaze pizza, maria, its offering its pizza with mangoflavored white claw seltzer. This is by the way is lebron james pizza company. I dont know how you feel about that, thats what they are going to do. [laughter] maria well, i like all Small Businesses to thrive so theres that, but, yeah, im a purist, thank you, cheryl. Record coronavirus spikes across the country, we are talking about thousands of new cases this week in florida, texas and arizona but none of the governors in those states push to go shut down again after pushing for reopening. President trump is touting the economic resurgence the country has seen since reopening. He talked on hannity last night. If we had to turn it off we would have lost millions of people, we did turn it off and now starting up again and amazing year next year, great third quarter. We just had the best jobs numbers, the biggest job gain in history and we had the biggest retail Sales Numbers in history for the last month. So we are starting up and its going to be very, very strong. Maria joining me right now the former ceo of the Cleveland Clinic toby, always a pleasure to see you. Thank you so much for being here this morning. Thank you. Its my pleasure. Maria what strikes you first about where we are in the coronavirus . I have your oped that you wrote a couple of months ago in terms of needing an army of healthcare workers so we will get to that in a moment but anything so far in terms of the reopening and the spikes that we are seeing that strikes you . Well, maria, i think where you have to understand that we will be living with this pandemic for a very long period of time that you have to remember that theres only been one viral disease totally eliminated from the face of the earth and thats smallpox, we have the rest with us. Even if we get a vaccination we are still going to have to understand that this is a new disease that we will have to deal with for a long time so its changed our culture. Maria and so how do we deal with that, just what we are doing in terms of the guidelines, masks, gloves, anything else that we should be doing knowing that this is here for some time and a vaccine doesnt happen overnight . , no it certainly doesnt but we have to appreciate that 80 of the deaths have been in people who are over 65 years of age and if youre under 65 years of age the risk of diego of Covid Infection is about the same as your risk of getting in a car accident and drive to go work in the morning so its really very low and particularly low amongst young children, so thats a fortunate thing for younger people, but we have to protect older people and the way you protect them is you dont put them in large crowds, you dont have long periods together with people and those are the things that protect people over time. Maria so its really one of the reasons Vice President mike pence wrote an oped this week saying theres no second wave, hes touting efforts by the administration to expand testing and research. Pence is blaming the media for overshadowing efforts writing, quote, the media has tried to scare the American People every step of the way and the grim predictions of second wave are no different. The truth is whatever the media says the aamerica approach has been success. Whats your take on that, toby, in terms of this potential second wave. You say, look, this is here with us, we have to deal with it and we have to adapt. Yes, exactly. Dr. Fauci made it clear that we havent got the second wave and we are continuing to see this first problem that we are dealing with and we are going continue to have to deal with it for a long time. Maria go ahead. One of the things that concern me 30 of people said they wouldnt get a vaccine initially and that will leave repository of infections that will continue to be with us. Maria yeah, thats true. A lot of people refuse to get vaccines regardless and overall, youve been talking about this healthcare Ready Reserve trained by u. S. Armed forces, so you write and oped on soldiers saying we could train 1 Million People over 3 to 12 months on military bases around 50 billion. You say that both of the problems can be solved at least partially in the same solution establishment of a Million Health care Ready Reserve, tell us more about this. I think this is an idea that a friend of mine came up and basically going to wpa, what happened after the the great depression. We are dealing with disease and unemployment and this is an opportunity to train people that will be Healthcare Provider in the future. This would be much like a National Guard is today to be called out and it will provide employment, it will provide salaries and it will also benefit the country and i think this is an opportunity that is bigger than just providing straight Financial Aid to people, it gives them the dig dignity of the problem and provide support for the country to continue. Think about contact tracing, for example, we dont have enough contact tracers in many, many states and this would provide to many individuals and i think you do have an opportunity to begin to develop a force that will begin to look at floods or hurricanes or any sort of Natural Disaster as well epidemics in the future. Maria i love the idea. I think to me it falls turned umbrella of National Security. You know, its almost like we the fact that we have to import 70 of the active ingredients in our drugs, this is just not acceptable, this is, again, under National Security, we need to have this, the training as you say for Healthcare Professionals as well as the drugs we need accessible and ready. So have you shared the idea, toby, with the administration . Yes, i did. There are senators, senators sullivan from alaska, for example, is starting to put together a bill in the senate and i hope that we use some of the money that has been directed to for covid to sort of an opportunity. I think it is going to be vital for unemployment and good for the country. Maria toby, real quick before you go, i know that youve worked a lot on technology and Technology Enabling healthcare, can you talk to us about any job that you see in the future in that realm . Yeah, i think that we really have to begin to think about technology helping us understand the opportunities there are from these huge data sets and ai i think is going to be enormous opportunity to do that and the use of the huge data sets that are being accumulated now through Electronic Medical records. I think its possible to have privacy and also use those, that data to improve the quality of care for people and be great for predicting of disease propensity. This opportunity is to do this is enormous and we are seeing all kinds of interesting ways to begin to track the testing using your cell phones and technologies. This is great opportunities and i think technology is going to explode. One of the things that has taken off is through this whole epidemic is the use of telemedicine. Telemedicine went from 2 to 75 of the visits. 94 of diabetics were treated this way. I could imagine now that youre no longer no longer need to go to the hospital to get your Blood Pressure checked or your Blood Pressure taken, it all can be done from home and regulated much more efficiently than it ever has in the past. This is a whole new world thats opening up and how you treat patients and i think people will be moving increasingly to outpatient and to homecare as a result of this. Major, major change that technology is bringing to the delivery of health care. Maria i love it, i love it. Its a new day in that regard. Toby cosgrove, always a pleasure to see you maria welcome back, wedding bell blues, the coronavirus pandemic forcing many couples to change their plans for upcoming wedding, more couples are passing on the vows and just living today as gerri willis reports there are benefits on both sides of the aisle. Its june and usually that means wedding season, but this year thousands of couples have postponed because of covid19, but for now theyre in good company when it comes to staying committed without getting hitched. Millions of committed couples choose never to get married in the first place, listen to my friend meyer on why she decided not to to tie the knot. Both of us had shortterm marriages that ended in divorce and i think the primary reason is that the divorce in particular was a very unpleasant process, you know, it wasnt our first rodeo. Percentage of partners who dont get married has tripled in the last two decades, marriage rates are at their lowest level in over 100 years and the trend is gaining steam with gen z couples more likely to live together than get married but experts say whats love got to do with it. There are more than a thousand tax breaks, benefits for married couples, employee benefits, housing benefits. Theres very significant reasons i think that you want to take advantage of the marital laws because it provides you with the opportunity to enhance and preserve that wealth which is very important for most people. Primary amongst those benefits inheriting your husbands assets when they pass away without paying federal or estate taxes. Spouses can Exchange Financial gifts completely tax free, so with so many financial benefits on the table, why choose not to marry . You maintain your own asset and maintain your own wealth and benefits to being single because number one you maintain your financial autonomy, no one is telling you what to do. The number of older couples that get together and dont marry tripled over the decade, the reason social security. Getting hitched can reduce significantly and also marriage can threaten inheritance for any children from previous relationships. As for jenie, she has one regret. We dont celebrate an anniversary. It would be nice to have an actual wedding anniversary. Maria, for me i made my decision years ago last week i celebrated my 26th wedding anniversary. So far its working out. Back to you. Maria how fantastic, thank you, gerri. I just celebrated 21. More mornings with maria right after this. Stay with us. 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. Maria welcome back, time for the morning buzz, first up spotify brings star power to podcast roster, Kim Kardashian west inking a new deal for exclusive series of case involving criminal justice reform. Mark tepper, will you tune in . Mark yeah, actually, look spotify right now, they seem to be the big winner in the podcast war. They landed joe rogan a month ago and now they have kim k. Joe rogan became disgruntled with youtube and censorship. Censorship is a big issue. Youre supposed to be able to say what you want on podcast and people have the choice to listen or not. Spotify will be the big winner here. Maria twitter trying audio tweets where users can now share their thoughts in audio form, dagen . Dagen if Kim Kardashian tweets i wonder what its going to sound like. Valley girl voice for longer than 15 seconds. So audio tweets, i just wonder if people will be as nasty if they audio tweet you as they are on twitter in responding to things that you might say because like there is so much venom and vile out there and i think folks need to go to church. Maria if you start just saying it maybe youre doing too many neglectjerk reactions in audio tweet. How about this, not so fast, half of americans are not quite yet to go back to the office due to concerns and safety. 40 of americans have bosses who are not forcing them to come back, steve, what do you think . Steve well, thats changed and i think you will have people coming back more as we get effective treatments and later this year we get a vaccine, but in terms of interaction with people i think theres no substitute for that. Yes, you can get a lot work done at home, perhaps more work if the kids stay out of the way or grandkids stay out of the way but the fact of the matter is offices are being reconfigured. We are doing the same thing with our offices and people want safety but they do need that interaction, so you might call up masking anxieties, you put the mask on and i think people will interact. This is not going to be a permanent. It will be a mix, itll be a mix. Maria still ahead former new york city mayor giuliani as democrats and republicans clash over what to include in Police Reform legislation. Its right here next hour, mornings with maria, stay with us. vo at audi, we design cars that exhilarate with versatility, whether on the track, or the everyday drive. Today, that philosophy extends to how we connect with you. We call it, audi at your door. Whether a remote test drive, shopping, tradein, or even service pickup, audi at your door can do this and more at participating dealers. The premium audi dealership experience, on your terms. Audi at your door. Maria welcome back. Good thursday morning, everybody. Thanks so much for joining us. Im Maria Bartiromo. Its thursday, june 18. Your top stories, 7 00 a. M. On the east coast. Coronavirus is spiking as the country reopens. Florida, texas, arizona are seeing cases rise to record highs now. This morning we will get another look at the pandemics impact on jobs in america when we get the initial jobless claims released at 8 30 a. M. Eastern. Help for Small Business, the white house makes the process easier for much needed loans to be forgiven. At 8 30 a. M. , u. S. Small business administrator is here exclusively on what is needed to help Business Owners and white house discussions with governors on the reopening of america today. Markets this morning are mixed, take a look at futures indicating a mixed opening. The dow industrials are lower by 29 points, nasdaq is up 4 points, s p 5 00 lower by s p 500 lower by 5 points. Yesterday, the dow and s p 500 snapped a threeday winning streak but the nasdaq was up 14 points on the next. U. S. China relations secretary of state mike pompeo is meeting with chinas top diplomat on of issues of trade, human rights, the coronavirus all heat up. Well preview that meeting. John boltons new bookmaking claims about President Trumps relationship with chinas president , xi jinping. The president sounds off against the book last night as the department of justice is fighting to block its release with a lawsuit. Protests in atlanta, the former officer that killed Rayshard Brooks is charged with felony murder. On capitol hill, Senate Republicans are unveiling their Police Reform bill as House Democrats call for more action. Coming up in motion, former new york city mayor Rudy Giuliani will join me with his valuable insight on policing in america. Cracking down on big tech, the Justice Department looks to limit protections enjoyed by Technology Companies as censorship concerns grow. Mornings with maria is live right now. Global markets this morning are searching for direction. We are waiting on the bank of england this morning. The bank of england keeping rates steady. Investors are looking for an expansion of the Bond Buying Program and any other possible stimulus. Well see what comes out of the meeting in terms of a press conference. We know the boe kept Interest Rates steady as we were expecting. No real impacts on markets, fq100 is down 13 points, it had been lower going into the meeting, cac is lower by 28. Asia overnight markets were mostly lower. The Chinese Center for Disease Control is claiming the latest coronavirus outbreak in beijing as schools remain closed, travel is restricted and cases continue to rise. Joining the conversation this morning, Dagen Mcdowell, steve forbes and mark tepper. Dagen good morning. Maria good morning to everybody. Some of the top stories were watching this morning right now. Protesters are surrounding the Atlanta Police headquarters as charges are filed against two officers involving the death of Rayshard Brooks. Former officer garrett rolf is facing 11 counts including felony murder. If convicted he could face life in prison or even the Death Penalty. Officer devin bros nan was charged with aggravated assault. The officers have until 6 00 p. M. Tonight to turn themselves in. Attorneys for both men say theyre not guilty. Newly released body camera video shows the moments officer rolf attempted to perform cpr on brooks. Mr. Brooks. Keep breathing. Mr. Brook, keep breathing for me. Maria meanwhile, the Atlanta Police Department Addressing rumors officers are walking off the job in response to the charges. The department tweeted that that is inaccurate. However, there have been more callouts than usual. Protesters in seattle block a highway overnight. President trump blasting Washington State leaders for allowing occupiers to create the autonomous zone or chop. The governor of the state of washington is weak and the mayor is weak and what theyre doing is setting a precedent thats never been set before. It should never been allowed to fester like its festering right now. Its disgraceful to our of country. Its a disgrace. Maria several shop owners say they feel like sitting ducks. Their concerns going unnoticed by a chop organizer. Every single day that i show up here, im not hear to peacefully protest. Im here to disrupt until my demands are met. Maria new video surfacing of a fox affiliate reporter being attacked after a Police Precinct was abandoned earlier this month. Can you guys not touch me, please . Maria the reporter says the hostility was like nothing she had ever experienced. And then elsewhere, several states including texas, arizona and florida are setting new records for covid19 cases and hospitalizations. Governors say they are not considering another shutdown because the states are better prepared to deal with the uptick. In michigan, Governor Gretchen Whitmer is extending the state of emergency order through july. It was supposed to end tomorrow. The state reported 204 new cases yesterday. Secretary of state mike pompeo is calling for full transparency in information sharing with china during the covid19 pandemic. During meetings with his chinese counter part. The meeting in hawaii comes amid heightened tensions between the two nations. President trump blamed china for the coronavirus pandemic and threatened to revoke hong kongs special trading status to punish china. Cinemark said they will open of all movie theaters in july. It is the Third Largest u. S. Movie chain. They will reopen with enhanced cleaning and staggered seating. Employees will wear masks and gloves. Masks will be strongly encouraged for guests. The stock is down 56 this year, sits at 14. 71 a share. Reforming police is topic a. Senate republicans rolling out their Police Reform bill on capitol hill yesterday. The legislation includes new Training Programs and an expanded use of body cameras. Senator tim scott spearheaded the effort. If you support america, you support restoring the confidence that communities of color have in institutions of authority. We hear you. Were listening to your concerns. Maria the gop legislation narrower in scope than what House Democrats have proposed, set up a political clash. All of this as the fired Atlanta Police officer who shot Rayshard Brooks has been charged with felony murder. Joining me right now is former new york city mayor, Rudy Giuliani. Rudy, its always a pleasure to see you. Tough days these days, thats for sure. Lets talk about what took place with rayshards death and obviously the Atlanta Police department denying reports of a police walkout. I want to get your take, first, on what took place with this felony murder charge. Well, its an outrageous charge. I cant figure out what the felony is that the Police Officer was committing and therefore he committed murder in the commission of the felony. The Police Officer was trying to execute a quite lawful arrest and it was quite calm until mr. Rayshard brooks became violent. You can see that. Police officers did nothing to him. He went into a rage. And then he started hitting him. I count five crimes he committed. He punched a Police Officer. He resisted arrest. He stole the Police Officers taser. He hit a Police Officer with a righthand punch. And then he shot at the Police Officer with the taser which would seem to me to completely justify the Police Officer taking out his gun and shooting him. If that taser had hit the Police Officer, the Police Officer would have been incapacitated. This man was so violent, you could predict that he would take the gun and try to kill you. Remember, what has been denied the American People is the truth about this. None of the liberal newspapers print mr. Rayshard brooks record. This man was a violent criminal. Had quite a long history of being a violent criminal including assaulting children, assaulting women, being engaged in major crimes. The man had a violent temper. If this man had just submitted to arrest, none of this would have happened. Its not the Police Officers fault. Its his fault. He was arrested for maria thats the issue. Rudy, you can see this all on the video. Its very clear that rayshard of course you can see it all on the video, its an outrage. Maria he takes the taser, tries to shoot the cop with the taser and the whole while the Police Officer is saying dont resist arrest, dont resist arrest, calm down, stay there. Dont resist arrest. But he does resist. He steals his taser. And he shoots the taser. And now the officer could see the Death Penalty or life in prison. The problem is, this is happening at such a sensitive time in our lives, when there was the wrongful death of george floyd and there is a tone in what does this have to do with this. Maria i know. Youre right. Im looking at the video and its clear what has taken place here. So how does this play out . Hes being charged with felony murder. Well, if they really mean no justice, no peace, if youre going to try this man for felony murder, when he didnt do it because theres a tone in the country, are we really a democracy . Or are we some kind of a mobruled society that only has emotions and no logic or fairness . I mean, this is a turning point for america. I looked at the earlier killing and im capable enough of looking at that and saying the Police Officer was totally wrong and should be tried for murder one. But im also capable enough and fair enough to look at this and say this was completely caused by the perpetrator. And by the way maria this is also this is consistent with his conduct over 27 years. This is no angel. Maria he goes on and tries to give him cpr by the way. Hes a violent criminal. This is an outrage. Its an outrage for justice. Maria i understand. The Atlanta Police department is denying reports of a police walkout to protest officers being charged in the shooting of Rayshard Brooks. Mayor, your reaction to the fact that the police do not feel any support because of all of this, theyre walking out. Theyre resigning. And then youve got havoc going on in places like seattle and atlanta. Well, i mean, how can you blame the Police Officers . A Police Officer can do exactly what hes supposed to do and he can be charged with murder in the first degree. I mean, what kind of world is that . Remember, the District Attorney in this case is under investigation for a major fraud and hes in a very close election. That hints of duke, by the way. Remember the duke case . That turned out to be a total fraud by a da who wanted to get reelected. I dont know if we learned from history. If you want to talk about the reforms that senator scott has suggested, theyre all things. Theyre all things i did with the new York City Police department. We had a tracking for a Police Officers conduct. We looked at it carefully. We tried to get rid of them early. I fired Police Officers that i thought might be a problem. They hadnt even been a problem but we thought they might be a problem. We tried to anticipate. You cant always do that but we tried. Maria when does the federal government, the ag get involved in some of these situations like, you know, chop, and chaz . I mean, where youve got protesters taking over parts of the city. Does the attorney general get involved . I mean, is this so separate, state versus federal, that theres nothing to do with protesters taking over a portion of the city . Well, i would say, you know, look, the president has to be careful because of states rights and because states have a great deal of discretion in dealing with property law and things like that. But you do have dep pr dep deprivation of property. This is not peaceful. Its a very, very unruly situation, a situation in which businesses are being crushed there. And the attorney general may have a role in this shooting. Also in georgia. Because looks to me like these Police Officers may be the subject of a false arrest. Maria real quick you dont get arrested for doing your job. Maria your comments on former National Security advisor john boltons new book. Youre in it. He pointed to serious accusations of President Trump. Your reaction . Hes a total backstabber. Ive known him for 10 years. He says all kinds of things about me in that book. He never was man enough to ever come up to me and raise that with me when we were in the administration. When i was representing the president. If he had a problem with my representation of the president or of legal problem that the president had, as the president s lawyer and as his friend for 10 years, you think he would have been man enough to come and tell me . Well, he wrote that in order to sell books. Maria does the president want to sue him personally. If the president would like to sue him, i can prove that what he that he never discussed what he says about the ukrainian thing about me and i dont know, i mean, he calls me a hand grenade. I kind of feel really, really complimented by that. Because hes a hydrogen bomb. I mean, the statements this guy has made over 10 years and hes calling me a hand grenade . I mean, most president s were too afraid to have him in the cabinet because he wa because they were afraid he would take us to war over central park or something. Bad guy. No character. Maria thank you so much for weighing in on all of that. Thank you so much. Mayor Rudy Giuliani. Well be right back. 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 the threat from huawei, former ceo of google, eric schmidt, speaking out on the Chinese Telecom giant, saying the company is engaging in unacceptable practices. I spoke with commerce secretary wilbur ross yesterday on the program, being able to work with American Companies to set 5g standards. This is a change this week from the commerce department. Will this move normalize and elevate a company that has tie toss the Chinese Government . We know there are back doors and the data goes back to the chinese come fift communist par. Why the change . The change is simply a clarification. It isnt that were doing something to help huawei. The idea of this is to make sure that standards are symmetrical, that theyre worldwide, and that with 5g they facilitate the interconnectedness of everything. Every person, every thing, every factory, every process. Thats the whole idea of 5g. Maria ross went on to say that the spying threat from huawei is a real issue and steve forbes, i want to get your take on what we heard from eric schmidt, former ceo of google. And he says theres no this is a quote to the bbc. Theres no question that huawei has engaged in practices that are not acceptable in National Security. He told the radio documentary. Hes saying it poses National Security risks and it is unacceptable. This is an issue ive spoken with the Security Officer at huawei, andy purdy many times, steve and he continually said no, no, no, no, theres no back doors. Now you have the former ceo of google saying of course theres back doors and all the data in huawei goes right back to the ccp, the Chinese Communist party. Steve im shocked. Im actually really shocked. Not. This has been known from the beginning. Those denials when he came on your show, we all knew he was speaking he was not speaking the truth. And to have eric schmidt come out gives credence to the administrations campaign to try to get ourselves and other of countries to keep this company out of sensitive areas concerning National Security. So its a vindication of facts that we already knew. Maria yeah. Exactly. And its just compelling to hear eric schmidt say it as well but certainly we were aware. We will take a break steve thats important because hes on the left side. Thats very important. Maria thats exactly right. All right. We will be right back. Stay with us. Effortless is the lincoln way. So as you head back out on the road, well be doing what we do best. Providing some calm in your day. 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. Sawithout evenon yoleaving your house. Now when you buy or lease a new lincoln, just keep your phone and switch to Xfinity Mobile. You can get it by ordering a free sim card online. Once you activate, youll only have to pay for the data you need starting at just 15 a month. There are no term contracts, no activation fees, and no credit check on the first two lines. Get a 50 prepaid card when you switch. Its the most reliable wireless network. And it could save you hundreds. Xfinity mobile. Maria markets this morning are mixed. Take a look at futures indicating a lower opening for the broader averages. Weve seen a sharp pullback. The dow industrials are down 150 points, nasdaq down 23, s p futures down 16. Some states seeing spikes in coronavirus cases. We told you earlier. The bank of england decision came out keeping Interest Rates where they are. Investors are waiting on todays initial jobless claims report. That will be out in about an hour. Well see the latest Unemployment Benefits for the last week. The do you havdow and s p yestea winning streak. Joining me now is Merrill Lynch Wealth Management president , andy seeg. Its amazing to look at the markets trading where we are. Were seeing markets near record highs. Youve got Real Relationships with your clients. Tell us how clients are doing throughout the pandemic and are they still buying stocks and wanting to look at equities even as were seeing the coronavirus spikes . Well, maria, i think its overall a pretty encouraging picture. I think that investors by and large are realizing weve just experienced something akin to an economic blackout essentially and theres a bounce coming off that bottom. When they look at where we are today, theres an enormous amount of fiscal and monetary stimulus of course in the system. They also see Companies Getting back on track. The entrepreneurial spirit of the american economy, the ingenuity of businesses across sectors is showing itself and i think markets are seeing that and reacting to it. Now, last thing ill say, we dont see our of clients today operating in a way that is particularly bullish. Our cash levels remain very high. So when you actually add that to the equation, if youre a contrarian, which i am, i think that speaks to the fact were not in late stages of the rally. Were actually i think were actually putting a base in here for what is going to be a pretty encouraging run for stocks. Maria wow. And what will drive that . Youre overseeing over 2 trillion in assets at Merrill Lynch and youre given advice to clients in terms of longer term. I know youre not looking for the kneejerk reaction. How do you allocate capital if you are looking at this longterm bull market in place . Well, of course youve got it exactly right. We need to build portfolios that are consistent with our clients plans and generally those plans are medium and longterm in nature. So we watch the markets every day. But you dont readjust portfolios every day. You adjust portfolios based on five, 10 of, 20year time horizons. When we look out through the medium term, theres very exciting things happening in the u. S. Economy. Think about this topic of on ofshoring. During this economic blackout we learned a lot about the risks of having Global Supply chains. Over a medium term basis we expect to see Companies Across a wide range of sectors bringing jobs and factories back into the u. S. And that Capital Investment in the u. S. Is going to be very powerful for us. Our economists think that one manufacturing job essentially has a Multiplier Effect in terms of creating seven additional jobs in the u. S. At the same time as that manufacturing moves back, we expect to see r d spending kicking up, a dollar of r d investment equals 9 of gdp. So these are powerful forces. And again, finally, were resting here on a Bedrock Foundation of the dynanism and strength of the u. S. Economy. When you look at the way our Capital Markets operate, there is no economy in the world like the u. S. Maria and theres no liquidity like the u. S. The deepest, most liquid markets in the world. Youre at bank of america spending 3 billion a year on new initiatives. I know technology is also being used increasingly for clients portfolios. Tell us what you use in terms of technology and also what kind of moves are made in the average portfolio during this pandemic . When you look at the first and second quarter, have investors wanted to stay put . Have they used technology to change anything . Tell us what theyre doing as theyre staying at home. Well, i mean, first of all, with regard to our technology spend, this is a place where the Merrill Lynch business has benefited enormously from being part of bank of america. And being able to take advantage of this Enormous Technology spend of bank of america. It put us in position as the pandemic broke to be able to move over 20,000 employees from Merrill Lynch to work at home mode and not miss a beat in terms of serving clients. The connectivity was there, the trading capabilities were there. Today, our Client Satisfaction is at alltime record levels for us which i think speaks volumes. In terms of those conversations with clients, they resulted in frankly what we hoped which was first and foremost preventing panicked selling during those very difficult, ferocious even weeks in march. The reassurance that came from advisors reaching out to clients caused people to hold on at times that their emotions were telling them to sell and head for the hills and because they did that, our clients have been able to see the recovery in the Market Impact their portfolios by and large and so were very, very proud of that. You know, again, as i said earlier, we still see cash levels very high, so clients remain relatively conservative in their positions and again, we think this is a bullish sign in terms of where the markets go from here. Maria is there anything that you worry about that with everybody having such high exposure to stocks as well as cash . Do they have enough wiggle room if theyre thrown a curve ball . Well, i mean, this is, again, the strength of the Financial Advisor model is the fact that when this pandemic broke, our clients had been in discussions in most cases for years with advisors about their objectives, they built diversified longterm portfolios and part of those conversations was ensuring that the right liquidity was in place so that you didnt find yourself up against the wall, having to sell into a crisis. So i do think the i think the flexibility is there. The trades that were seeing right now are not generally shifts in asset class positioning. Theyre more likely to be shifts between individual security exposure versus etfs. In the last couple of weeks weve actually seen as the markets have rallied weve seen our clients stay exposed to equities but sell some individual stocks and move into some etfs to have a more broadbased exposure to indices and those have been good trades. Maria they want the diversity of it. Its great to have you this morning. Come back soon. Thank you, sir. Maria, thank you. Maria good to see you, well take a break. When we come back weve got the ceo of kroger here. Kroger earnings beat on the top and bottom lines. Well get exclusive reaction from krogers chairman and ceo. Lacking a green thumb . Weve got you covered. The tips and tricks you need to know to make your garden flourish. You wont believe what youve been doing wrong. Stay with us. Now is the time for a new bath from bath fitter. Every bath fitter bath is installed quickly, safely, and beautifully, with a lifetime warranty. Go from old to new. From worn to wow. The beautiful bath youve always wanted, done right, installed by one expert technician, all in one day. Weve been creating moments like these for 35 years, and were here to help you get started. Book your free virtual or inhome Design Consultation today. Maria welcome back. Hopes are rising for 2020 baseball season. Cheryl casone with details now. Cheryl. Cheryl well, well see. Baseball fans are cautiously optimistic, maria. Major League Baseball and the Players Union have agreed on a framework to salvage the season which was suspended well before it began by the covid19 pandemic. Well, according to League Details of a meeting between mlb commissioner rob manfred and tony clark, there would be a 60 game season and players would receive 100 of the prorated salaries. The league offered 70 . Espn is reporting the players think 6 60 games is too short. The pilot of the helicopter carrying kobe bryant, his daughter and six others may have become disoriented in fog. A preliminary report released by the National Transportation safety board says he radioed air Traffic Control he was climbing to 4,000 feet when he was actually plunging toward a hillside where the chopper eventually crashed. They believe the pilot may have disregarded the severity of weather conditions that day. Everyone onboard was killed when the chopper slammed into the hillside in january. Here is a look at whats trending this morning on foxbusiness. Com. President trump says he absolutely supports Colin Kaepernicks return to the nfl as long as he has the ability to justify an offer. According to the la chargers, he is on the summer workout list. Mitsubishi said top executives are taking pay cuts of about 45 to offset the financial losses amid the coronavirus pandemic. And ford says its offering salaried employees in the u. S. The option to work from home of until at least the end of the year. Those are all your headlines from the newsroom, maria. Back to you. Maria cheryl, thank you. Changing police protocol, Senate Republicans are rolling out their Police Reform bill on capitol hill. The legislation spearheaded by South Carolina senator tim scott includes new Training Program and wider use of body cameras, as House Democrats are teeing up their house package. Scott pushed back after illinois senator dick durbin called the bill a token approach. We cannot waste this historic moment. Lets not do something that is a token, halfhearted approach. To have the senator from illinois refer to this process, this bill, this opportunity to restore hope and confidence and trust from the American People, from africanamericans, from communities of color, to call this a token process hurts my soul. Maria joining me right now is delaware senator, Senate Small Business and entrepreneurship and Judiciary Committee member chris kuhn. What do you think of tim scotts plan . Well, i have respect for senator scott. We know each other well from the Senate Weekly prayer breakfast. Im looking over the details of his bill which was introduced yesterday. Its an important start but i am concerned that it doesnt do enough to meet this moment. In the three weeks since george floyd was murdered in minneapolis, weve seen literally millions of americans of all backgrounds in towns and cities large and small across our country take to the streets, mostly peacefully, asking for change. So im hopeful that we can come to an agreement between republicans and democrats on a list of amendments that we would debate on the floor that would significantly strengthen this bill. Maria what do you think is most important in terms of the amendment . Tell me what doesnt go far enough in senator scotts bill. Well, theres just too general buckets if i could. One is instead of encouraging, requiring a ban on chokeholds, for example, a ban on noknock warrants and more broadly, accountability. Making it easier for federal prosecutors to investigate and prosecute exceptionally sort of way out of the usual civil Rights Violations by Law Enforcement officers. There is a federal civil rights statute that right now is used about 20 times a year in police investigations. Thats because the Legal Standard is very, very high. I do think it is possible for us to come to an agreement and, frankly, given the way the whole world is looking at us and at our country, we should find a way to meet this moment with bold reforms to policing. Maria senator, how worried are you that this is going to have also too much of a going too far in one direction. Youre seeing havoc across the country. You look in seattle where protesters have taken over the streets. You look at the issue in atlanta and when you look at that video of Rayshard Brooks and how he did not you know, he resisted the police and then took the taser gun and then used the taser gun on the officer, forcing the officer to shoot. Now, the officer is getting charged with Mor Department he could actually murder. He could actually get the Death Penalty. Whats your reaction to this . Maria, we had a great hearing on the senate Judiciary Committee just this week. It went for seven hours and we heard from a dozen witnesses, from Law Enforcement organizations, chiefs organizations, civil rights advocates, attorneys who represent families like that of Ahmaud Arbery and there was i think very good testimony and a good conversation. Out of that should come this sort of balance that shows that our democracy is working. Around the world, theres a contest right now as folks look at this global pandemic, at the global recession and at our challenges with a long history of racism and inequality in our country. If we can find a way to to come together and legislate a bold response that meets this moment, i think it doesnt just strengthen us here at home, i think its strengthens us around the world. Maria i agree with you. But were not seeing that were seeing Police Officers not feeling the support so theyre resigning. Youre seeing people want to defund the police. Do you also want to defund the police right now . Well, as youve heard from a number of Democratic Leaders from congressman jim clyburn to the former Vice President , joe biden, defund the police, if thats understood as eliminating Police Departments, is not something i support or they support. If what it means is were asking the police to handle homelessness, Mental Health issues, Substance Abuse issues, and we should be providing more funding to respond to those, that frankly were putting too many social problems on the backs of police and should instead be better funding an appropriate response from Mental Health professionals or housing counselors. Frankly, the Law Enforcement officers ive met with and heard from in delaware as well as activists and community activists, all agree that would be a positive direction. Maria im trying to understand if you believe that its going too far, particularly after Rayshard Brooks . I think the fact that Rayshard Brooks was shot and killed while running away from Law Enforcement indicates there wasnt an appropriate use of deadly force in that case. But thats for the local courts and Law Enforcement leaders to resolve. Maria right. Understood. Were in the middle of three crises, one of them is a recession. What im hearing in delaware from Restaurant Owners of and hotel owners and lots of others is the Paycheck Protection Program loans, which on a bipartisan basis we got out through the sba more than 500 billion of them, theyre about to run out. We need to find a way to extend them and focus them on the smallest businesses. Maria and you have a new bill, the pry o prioritized paycheck t program act that would authorize new lending for Small Businesses with less than 100 employees. Youre part of a bipartisan effort to expand National Service programs to help combat covid19. Senator, this is a very important piece of legislation, particularly given the fact that some of the sba Emergency Loan Program left behind many of americas neediest companies, this is the story in the journal this morning. Tell me more about these efforts and are you going to to be able to hit those small mom and pop businesses that cannot make it out of this, that arent even big enough to have banks. They dont have regular banking relationships. Thats right, maria. One of the ways in which ive been working to respond to calls i get every day from constituents is to authorize a second round of ppp loans to grants. Im introducing a bill today with several of my colleagues. Were working to get a republican cosponsor. Im optimistic about that. There is still 140 billion in the ppp program not yet spent. This would pry or of tie priori. It would carve out 25 billion for those with fewer than 10 employees who lost half of their revenue or more and give them a quick process for applying and getting a second ppp loan to grant and the rest would be dedicated to those with fewer than 100, recognizing that the first round which got out 500 billion successfully and put a floor under our economy, it hasnt reached those very smallest businesses. I do think this can be bipartisan. The National Service bill i am grateful for senator wicker, senator kornin, senator rubio and others we are working together to dramatically expand National Service to sun dreads of thousands of hundreds of thousands of young person person americans Young Americans can get a chance to go to work. Maria do you have a question for the head of the sba, given your legislation . The piece of the sba program in the cares act that worked the least well was the eidl grants. What are they doing to speed up the process and get those out to businesses . Maria all right. Senator, thanks very much for joining us. Good to see you, sir. Chris kuhn. Well be right back. Youll see gratitude. Communities showing support in their own way. Our way is massmutual healthbridge, a free Life Insurance program just for healthcare workers fighting covid19. So to all the healthcare workers on the front lines, thank you. Maria welcome back. Get growing, garden season is in full swing. Many just waiting for those vegetables to ripeen now. Our next guest has tips to make sure you get the most out of your plants and avoid common mistakes that the greenest thumbs make. Joining us now is contractor skip adele. We have been looking forward to this segment. So, your first tip, start small. What does that mean . Yes. So starting small is a great way to do it. You have to make sure you even like gardening first. I would say start small to control space. This is something we use here in our home. This is the veggie pot. Its a raised garden bed. Its fantastic. You can control where you plant your seeds and your plants and you also have a hood on top of this that folds up, it keeps all the insects and all the bugs and pests out but allows the sun and water in. And speaking of water, look inside this. Im going to turn the water on here. It has a selfmisting system inside of it. What this does, it makes it to where its fool proof. You can have the perfect garden inside this. Its even portable. These things come on wheels. You can move it around and put it where you want it. Before you dig up the whole yard, id say get Something Like this, a veggie pot that allows you to control your space. Also, this has a selfwatering tray. This is phenomenal. This allows the water to stay down in the bottom, so the roots are always going to have water even if you forget to water, the roots are always going to get water. You cant go wrong when you start out small with Something Like this, like a veggie pot. Maria i love this veggie pot. This is such a great idea. Okay, how important is the right soil . So the soil is everything. You could have all the other right ingredients. What people forget all the time is to treat their soil. They get plant food and fertilizers. You have to make sure you have good soil. Thats the medium the plant lives in. This is a product we use at home, its amazing. This is love your soil, a natural soil food, not a plant food. What this does with a concentrated gypsum, this loosens up the hard soil. Many times the soil is hard and compacted and doesnt allow the water and air to get down to the roots. This works really great for your lawn, your gardens, your planter boxes, your vegetable gardens, everything. It conditions your soil and loosens it so it allows the air and water to get down deep to the roots. If you use bagged soil, many times it gets compacted. This will loosen it up, make sure you can get water and air to your roots down deep. Maria whats the easiest plant to grow and thrive . So the easiest plant to grow and thrive, i love these shrubs. Theyre fantastic. They grow tall. They start off real small and you can get a huge plant out of it. Maria i like it. Skip adele, good to see you, sir. Thank you so much. Great tips. We love having you. Come back soon. Thanks, maria. Maria more mornings with maria right after this. Where will you go first . Wherever you make go, lexus will welcome you back with exceptional offers. Get zero percent financing and make no payments for up to 90 days on all 2020 lexus models. Experience amazing at your lexus dealer. Maria welcome back. Now your morning buzz. First up, double decker airplane seats. Zephyr aerospace designing seats that allow passengers to sit on top of one another and offering more privacy and space. A major concern amid coronavirus. Steve forbes, what do you think, is this the wave of the future. Steve its the wave of the future. It starts with allowing you to drink again on an airplane. This will liberate us from that, let you drink. Its the biggest advance since we had passenger planes. Were not going to be treated like cattle again. This is unbelievable. Finally, somebody is making a breakthrough in how you configure an airplane. This guy deserves a nobel prize for that alone. Its amazing. Space on an airplane in economy class. Its great. Maria all right. Next up, americans are watching less, according to nielsen, u. S. Streaming consumption has declined 25 from aprils peak of nearly 76 minutes a day. People stuck at home are watching 50 more than a year ago. Mark, are you still glued to the screen at home or no . Maria . Mark , no its her it. Were running out of things to watch. Tv in particular has been awful for years. You can have hundreds of channels but theres nothing on of. Theres a lot of pentup demand. People want to be outside, want an opportunity to socialize. Personally, i hadnt golfed in the last three years because i didnt have the time. Ive now gone golfing with my son five times in the last two weeks, just to get outside and have some fun. Even got my wife and daughters involved this week which was awesome. So come on, people, its midjune, get outside. Have some fun. Get off your devices. Maria all right. How about this, retreat for teachers, the netflix ceo reportedly spending 20 million to build a luxury Teacher Training Center in colorado. It has a spa, hot springs, wine cellar, yoga deck. Dagen, does this have you thinking about changing professions. Dagen no, but i certainly valued the teachers i had in high school in particular. One thing i note that Reed Hastings and his wife are giving millions of dollars to historically black colleges and universities. Of the u. S. Workforce at twitter, just 7 is black americans, in Technology Jobs its 4 . Maybe netflix should try and hire some of those graduates. Maria walk the walk. Still ahead ill get reaction from krogers chairman and ceo, rodney mcmullen, they reported earnings this morning, strong beat. Next hour, mornings with maria, right here. Stay with us. vo at audi, we design cars that exhilarate with versatility, whether on the track, or the everyday drive. Today, that philosophy extends to how we connect with you. We call it, audi at your door. Whether a remote test drive, shopping, tradein, or even service pickup, audi at your door can do this and more at participating dealers. The premium audi dealership experience, on your terms. Audi at your door. Welcome back good thursday morning thanks for joining us. Im Maria Bartiromo, thursday, june 18 top stories right now 8 00 a. M. On the button on the east coast, coronavirus cases spiking as country reopens, florida texas arizona all seeing cases rise to record highs, in about half an hour another look at Pandemic Impact on jobs in mesh jobless claims released we bring numbers when they hit the tape the impact on markets help for Small Business white house making the process easier for muchneeded he loans to be forgiven 8 30 a. M. Eastern u. S. Small business is here exclusively on what is needed to help Business Owners and white house discussions, with coms on reopening of america. Markets this morning, are lower take a look futures a decline start of trading this morning, in the triple digits we are seeing things worsen, as we are on air dow industrials lows of the morning down 250 points, nasdaq down 43 s p 500 down 27. As you see the dows s p 500 snapped threeday win traek jed nasdaq was up nasdaq had been up this morning for much of the day has reversed now negative. Meanwhile, kroger double beat company reporting 92 rise in incidentally sales ceo will join me exclusively in moments on keeping business running during coronavirus pandemic changing customer habitats what future holds coming up u. S. China relations secretary of state pompeo meeting with china dop diplomats on issues trade human rights coronavirus heat up john bolton scomploef book makes claims about President Trumps relationship comments with china president xi jinping sounded off against the book as department of justice, fights to block its release with a lawsuit. Protests in atlanta former officer that killed Rayshard Brooks has been about charged with felony murder on Capitol Hill Senate republicans in vale Police Reform bill as dplats call for more action cracking down on big tech the Justice Department looks to limit protections enjoyed by companies as conditions arorship concerns grow mornings with maria is live right now. Global markets are lower we did hear from, by the way, by the way, today and markets took off lower, after we heard from them kept Interest Rates steady announced more the stimulus, the boe is so decreasing Quantitative Easing Program 125 billion dollars, ft 100 worsen areed from there down 62 points cac quarante in taxpayers down 80 dax in remember germany down 172 points right now european indices are down, along with wall street asian markets mostly lower as well averse ot fractional movers the worst was japan, down half of a percent joining the conversation this morning Dagen Mcdowell, steve forbes mark tepper good great show so far guys. Absolutely. Good to be with you. Thank you for being here, grocery joint kroger firstquarter earnings beat on top and bottom lines grocers uptick since pandemic kroger Digital Sales alone up 92 joining me fox business exclusive is chairman ceo of kroger Rodney Mcmillan thanks for joining us. Good morning thank you. So wow on Digital Sales youve got habitats completely changed three months because of pandemic tell us how you see things which a are consumers doing differently . Well, im so proud of our teams we have been able to hire over 100,000 people, 40,000 of those in digital teams, and our teams just really stepping up serving customers making care of Consumers Digital a piece of that some like to engage in environment either pick up or delivery, where it is lower impact less interaction. We aim to be there for the way they want to shop with us, just so proud of what everybody is doing. Maria so there is a stickiness to stay at home right the in terms of consumers playing more and more from the same company. Is that what you are seeing . Yeah, we are finding people are doing more males together as a family, and the things that obviously, good for us telling us they enjoy cooking with kids, making something with families, and those things are things that you know over time, it will will become habitats, and when people have meals together, they have a you know just helps everyone involved. So you are reit raitsdz 2020 bottom lines tell me what rest of the year looks like. We are not reiterating guidance we are in middle covid investing a lot of monday to make sure from safety standpoint we are keeping our customers and our associates safe, we continue to vest in if promotions for customers we said guidance before we expect to exceed that, but by how much we really at this point wouldnt give a about specific number because there is still a lot of uncertainty out there. So characterize the expense side of the business where you are make changes because of covid19 how significant increases in expenses are you targeting for the rest of the year . Yeah, it look, obviously, job one as i mentioned is to provide safety for our associates and safety for our customers. The we are investing, significantly in cleaning and we have throughout the whole process. Weve also limited number of people coming into our stores based on half of what the guidelines are. We provided plexiglass protection for cashiers where interaction between customers and associates. We would expect to continue those practices Going Forward. And when you look at all of those things together,s it is meaningful expense but something that certainly can be managed given where Sales Performance is overall business is. Maria what are you expecting in terms of the expense around labor i asked because youve got Companies Like target, latest to offer employees 15 dollars an hour that takes effect, july 5, are you considering a similar move . What about hazard pay for front line workers . You gave an employee you gave one time 400 dollar hazard pay bonus is more coming what are you expecting in the way of expenses for labor . We are just super proud of all the things we have done, for our Associates Across the company, part of the restock kroger, we committed to investing incremental 500 Million Dollars a year in wages we have the he believed of this year up to 8 hundred Million Dollars, incrementally in wages, average hourly rate today is over 15 dollars an hour, when you look at benefits such as health care pension other things, when you include that over 20 dollars an hour for average hourly rate today, so we are really proud of what weve done, with the increase in business, obviously, we were able to share some of that increase in business with our associates we provide incremental pay for during march april may and genuine, we were able to do that and proud of what of weve been able to do. So kroger being one of the Worlds Largest Food Retailers with operations, whether Grocery Stores malls Jewelry Stores Amazing Company founded in 1883, tell me what people are gravitating towards during the pandemic where are you seeing most growth which products. If you look really fascinating as you look early on, it was things around keeping, your house clean, safe, being shut in for period of time you toilet paper, sanitation things like that. As you look at next as if he more in terms of cooking as family, so it became o flour, yeast, things for whole family today across the whole store, people are continuing to buy things to cook as a family continuing to see great growth in produce, a lot of focus on health if you look at simple truth brand, and also, strong growth in meat and seafood, seafood especially, because you know seafood is item where people would in past would eat at restaurants a lot day preparing it at home. Maria you are going to raise prices . One of the things that weve done for years, as we take costs out of the company reinvest share that savings with associates and customers. We continue to do everything we can, to minimize any cost increases, if you look at meat, weve not even close passed through cost that weve incurred, if you look at overall inflation is pretty low. Maria because i know there was a huge spike in the price of meat, good to see that you were able to offset that, rodney great to have you we will watch developments thanks very much sir. Thank you appreciate it. Congrats on great quarter from kroger joining us there a big hour coming up texas senator ted cruz here on plans to target good morning anticonservative bias, exclusively on fight to save americas Small Businesses. Dont miss a moment of it. Stay with us. T on the road, well be doing what we do best. Providing some calm in your day. 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. Markets this morning lower we have seen a worsening of this Market Performance in the last hour we are now down at lows of the morning, issue down 308 points dow industrials nasdaq down 46 s p down 31 we are awaiting weekly jobless claims out about 15 minutes, steve expectations, as we are now up above 42 Million People, having filed for Unemployment Benefits in the last 10 weeks. Well the key thing maria going to be continuing claims. If they start to go down as they did the last week, that is going to be a very bullish sign so i think that is a better indicator what is going to for the future of the strength of this recovery continuing claims more than initial claims initial claims should be about a million and half or so but continuing claims if they continue to trend down that would be extremely positive. The economy is truly recovering. Maria it is supposed to have the recovery i believe, started in may if you listen to all will this economists analysts out there mark tepper worsened we are down 300 points do you think a big rebound second half of the year why have market worsened so much in your view. I do think a big rebound second half of the year, we all just needed to relax a little bit right now all were seeing is a consolidation. That is perfectly a healthy consolidation are normal, i mean imagine you go your sprinting a few miles, right some point you need to slow down and catch your breath, that is exactly what the market is likely to do while it allows the economy and Economic Data to play catchup when you go back to the 2003 bottom, 2009 bottom, after those big initial rallies off those major lows, the market consolidated for two to three months, so nothing much has happened in june. And it wouldnt be crazy to say that it is not much will happen in july either, it is simply a consolidation, healthy, the market will resume upward trend second half of the year. We take a short break when we come back speaking with texas senator tornado tornado on google anticonservative bias how he plans to hold Technology Giant comfortable coming up investors on todays initial jobless claims report as resurgence fears drive markets lower the numbers right after this. Retirement plan ride out turbulent times. Learn more at protectedincome. Org. 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, Holding Big Tech kbl gastroenterology cutting off ad revenue to right leaning web site zerohedge threatening the same for federalist says sites failed to meet standards on offensive content mo sur hawley introducing legacy would remove immunity from big tech companies, are expressing different political viewpoints, joining me ted cruz, senator great to see you this morning thank you so much for being with me. Good morning, maria. Always good to be with you your reaction to what have a taken place at google, let me just point out, that last week, there were reports that google had eliminated the image of Churchill Winston chush of hill after there was a big you know hype about it why limit churchills imagine they said is a mistake now pushback on the federalist zerohedge threatening to rip advertising revenue. That is exactly right worth noting the power google amassed unlike anything we have seen in thrift has never been a company that controls more information, and criticality more access to information over 90 searches done are done through google their control of search of ad revenue has the ability to control what the American People hear, learn, understand, and in this instance they really abused that power. They went after the federalist a conservative Media Organization they threatened to demonetize them to cut off all ad revenue in internet world can be difference between life or death. Now the federalist at first wasnt sure basis therm told google had problems with some comments on web site not what they have written the articles journalism put up but instead individual users had written comments therapy offensive, i sent a letter this week to ceo of google pointing out this was blatant censorship listing about a dozen left wing sites all have comments i dont know what comments were, that google deemed offensive i guarantee you those left wing sites have all sorts of profane racist objectjectionable amounts comoorl not o imposing standards on them critically good morning is not imposing standards onnis about good morning owns Youtube Massive video platform if you take a minute look at youtube comments you see all the time, offensive racist profane comments so one of the questions i demand production of a number of documents a number of he internal materials from google as to why they were abusing their monopoly position google is monopoly why abusing monopoly position to try to harm a competitor of theirs, and impose standards on the federalist they werent imposing on their very own company youtube. We see that on twitter, we also see that, social media in general companies have become bigger more powerful than anybody expected, you would like to see some competition in this industry. But how do you stoke competition, i mean you know, google has what 95 of the market . More and more brazen when you talk to them limits of hubris seem know no bounds i sat down with ceo of youtube, who described how they demonetized steven, conservative comedian she explained matter of factly crowder had not gone anything to violate rules completely consistent but essentially left wing users complained, so they decided simply to cut off his revenue, and she basically said to me look you should be happy because we havent banned him we havent sielened him just wont let him make money i said who the hell are you to decide who gets to speak and who doesnt, only the left is asking for you to censor i am not asking for you to censor bernie sanders, aoc whatever other lefty about socialist the best answer is more speech big tech has arrogance they believe their political views are the only ones that matter they are going to silence anyone who disagrees is a very profitable approach with google in particular conduct last week interesting crossed a line, because this conduct last week, i believe, clearly violates the antitrust laws the reason is, they were using ad revenue using money to go after a competitor of theirs with what is clearly a differential on their own holy owned youtube monopolies cant do that monopolies get shut down broken down they face treble damages when they try to do that, but google has a arrogance of o Silicon Valley they believe laws dont apply to them i am hopeful this agency makes very, very clear that is not the case. This administration Justice Department, is recommending new legacy hollings Facebook Google twitter liable for on line content could get sued on twitter there is shadow banning youve got many colleagues, in the house right now suing, like devin nunes for this very reason, let me ask you this, because we are a few maines away from another president ial election senator. Are you worried about some of these social Media Companies as you call it arrogance trying to suppress speech going into president ial election . Big tech is angry, that donald trump got elected, and they are angry at themselves for letting him get elected i believe big temperature resolved they wont let it happen again going to do a everything they can to try to silence any speech, that they dont like, and they are brazen about it discover they can do it without major consequences i have chaired a series of hearings looking at big tech censorship i think the biggest single threat to democracy in one hearing we heard testimony from he academicing dr. Robert he epstein has done only empirical study found last election 2016 google miptdz misleading searches shifted upwards of 2. 6 million votes to Hillary Clinton, the interesting thing about dr. Epstein, he is not a republican, he is not a conservative, he is a liberal democrat who are supported voted for Hillary Clinton yet testified before by committee that he was horrified to see big tech a handful of Silicon Valley billionaires exercising blatant censorship did heception to try to change results he testified if they could it again lead hard could move upwards of 15 million votes a profound threat why i have been meeting with the administration over and mefr and over again, the attorney general, the Deputy Attorney general attorney general, the president , the chief of staff the white house counsel, the chairman rst federal trade commission all of them i have met with on this topic to say, we need all of the resources of the administration, focused on stopping this lawless conduct protecting free speech in elections, because if we dont Silicon Valley billionaires control decide our elections. New legislation out of doj, that they are proposing is targeting section 230, as you know the decades old portion of the law spares social Media Companies from being held liable for content, photos uploaded to sites, that is because you there was a thinking that they were the platform they were the platform for lots of different ideas, but what were seeing is they are more than just a platform they are deciding what should be on that platform, and in many cases, it is liberal content versus are conservative content. That is right i will tell you big technical made a change win last few years, in one of the hearings i chaired, about we pulled up an internal google presentation, it was a 50 pages long entitled the good censor what they called it good censor, in it are carsed con trasted the laissezfaire free speech model let people speak have rights they con travtd that with new this is what they called it european style censor model and the companies that google identified engaged in new european style censorship model Google Youtube facebook, twitter, so this is not he accidental they made a decision to change that end have done it because they believe they have the power, and no won will hold them to account i think weve got a responsibility to hold them to account. All right senator we will be watching, the legislation coming out, of senate as well as your efforts, issue senator good to see you this morning. Thank you, sir. Always a pleasure. Senator ted cruz joining us there, we are waiting on jobless claims getting that about a minute and one half Dagen Mcdowell initial expectations for the jobless claims report due out two minutes time. Dagen s expectation is for 1. 3 million initial jobless claims would where i the total number to 45. 51, total number of americans who filed for firsttime Unemployment Benefits, since shutdown started that is roughly, the labor force before the pandemic, that is roughly 28 labor force as steve forbes pointed out continuing claims expected below 20 million that is a real indication, of where we are in this country. But, by the way, quickly on goaling and tech giants, where were all lawmakers when google was snapping up any and every company and now you cant do anything about the power . This whole idea that all free markets competition, i think it is blowing up in everyones faces, and these stocks are going to get hit as we get closer to the election, particularly, if you right or left people are coming for these monopolies. You dont think they should have been allowed to make all those acquisitions. Where where was washington where was antitrust wrut was reviews done by the government . Because nobody understood technology, and now, google is so big, that he they of literally control the media and internet. You would like to see competition, in this area, would you like to see, that being the result of all of this that new players come in, and take market share but were not seeing that we got initial jobless claims hitting tape to Cheryl Casone on that markets down 250 what with you tell us. Cheryl higher than estimates, maria so the aboutish in claims 1. 508 above estimate 1. 3 million just underneath to have the of the range economists giving us range 1. 1 million to 1. 63 million a little bit worse than looking for continuing claims, again, the same story, are higher than estimate we came in 20. 54 million for continuing claims, steve forbes made a comment everyone closely watching estimate for 19. 8 there, that was the high end of the range for continuing claims, we are watching for the Philadelphia Manufacturing philly fed coming in looks like came in 27. 5, that is actually a better reading than we got, for may a contraction 4. 12 a little bit of good news for Manufacturing Sector at least out of philadelphia eastern pennsylvania south jersey delaware again to initial claims this now takes us well above that 45 million, looking for, 28 and change of labor force, this could be i wander to add before sending back to you kind of indicator june Jobs Report Labor Department doing surveys first two weeks of the month right . These claims are the second week the week end heing june 13th continuing claims number is the week end heing june 6, two week will go kind of crucial today, as far as what we could expect in june jobs report market coming back a little bit mora but, again, both numbers above estimates. All right cheryl, yeah, you mentioned market off the lows down 191 points after that jobless report, one and one half million jobless claims, this week we will take a break well be right back. Stay with us. Massmutual healthbridge is a free Life Insurance program just for healthcare workers fighting covid19. Learn more at massmutual. Com healthbridge administration, treasury a department managing Paycheck Protection Program, doling out 4. 5 million loans worth 512 billion dollars includes 45 to low income counties joining me right now fox business exclusive u. S. Small business administrator, great to see you this morning thank you so much for being with us can you walk through what your expected to talk about with governors, and the round tables discussion today . Thank you, maria for having me here today, yes, i am looking forward to the convening of governors capital how president is working with long hard listening not only to coms working with them closely but engaging with Small Business community, the recipients of the ppp that is the Paycheck Protection Program, from being were going to learn hows expedient it was how they transitioned their businesses, and embraced the retention of employees i am anxious do engage not only with president the governors as well as the Small Businesses, but that is just one of many round tables the president has at the white house. We know it has been a tough time, not just with pandemic but were looking at video now of so many closed stores, even boarded up because of the protests and looting there has been struggles you see journal article today sba Emergency Loan Program left behind, Many Americans neediest firms not all Small Business have been able to benefit from the program, millions turning down money he leaving more than a hundred billion dollars on table many nervous might not be able to pay back funds what do you think needs to be done to hope small mom and pop businesses that perhaps in some cases are too small to actually have a relationship with a bank . Maria that is a very important point i would like to share with everyone in general public, that the 100 billion dollars are available to self proprietors independent contractors very much engaging are xhurnlt with would ever 5400 Lending Partners established authorizing to provide ppp loans not only independent contractors sole proprietors what we realize businesses with less than 10 employees on sidelines one apprehensive secondly some document was cumbersome in coordination with treasury streamlined application streamlined forgiveness application lending sector is very much again, encouraged theyve taken the position where they are going to be providing more loans, so the ppp program has been successful you mentioned some numbers 4 1 2 million loans that have been not only dispersed but 4 1 2 million businesses, and the employees they represent almost 50 million Small Businesses we are also have another portfolio, collectively 10 billion Small Businesses we have either exchanged with supported with loans portfolios at sba again i encourage the Lending Community to take advantage of all the streamlining, procedures and guidance we provided market as of this week, again 100 billion dollars, a lot of community banks, the the minority depository institutes cdfis nontraditional Lending Partners provided over a million loans to the Small Businesses, that represents almost 15 billion dollars alone. Maria i know you want to get that money out, so that 100 billion dollars you want it to going where to businesses that really need it i want to ask about with Economic Injury disaster loans that was an issue for delaware senator coons i spoke with him last hour introducing ppp legacy today had a question for you regarding Economic Injury disaster loans listen to what he said. The pies of the sba program cares act worked least well edil grant what are they doing to speed up toto the process and get those out to businesses. Maria i know, you resumed taking applications for those kinds of loans this week; right . Yes as a matter of fact by the end of this week we will have dispersed over a hundred billion dollars, to over about 1. 4 million Small Businesses. So it is very that portfolio is very active we have streamlined application we have also augmented technology reinforced staff enhanced Customer Experience opened portal for new applicants service ag concerns agriculture concerns there are over a couple billion dollars already that we have dispersed, our advance at this point by end of the week probably see 12 billion dollars provided in the the advance grants we call it the grants, that is provided to Small Businesses, so the momentum is there, the Consumer Service has been of enhanced resources augmented tangibling working rapidly pays we are very well positioned better than in infancy of the startup of that particular program we are pleased the fact hit by end of this week 100 billion dollars in the idle program. That is a big deal, nice to see, that you have listened to the market came back and made adjustments changes, there are still calls for transparency, Senate Small Business Committee Chairman marco rubio tweeted this week, quote we will have ppp loan disclosure no dispute over largely loan recipients being disclosed only issue still being discussed with administration is how to treat smaller loans to mostly microbusiness, so he will pro proprietyors independent contractors, the recipients revealed what can you tell us in terms of makeup i know women a bigger force in Small Businesses can you reveal the recipientss names as wells. Let me answer that question in this manner. Sba values transparency. And we also value you fiduciary duties to make sure we spend taxpayer funds appropriately full responsibility for protecting proprietary personal information of some sole pro propriety torz independent krrz, a woman upper driver her business address is home address, and those are the areas of concern that we have, is what type of information are we really divulging . Some are home businesses 45 loans that were made were actually for loans or businesses within those underserved communities so we have you know, focus on transparency but, more importantly, it is to protect the the information the Business Information pro pryry information of many businesses 4 1 2 million on ppp profile we have 5 and one half million in idle looking at universe almost 10 million Small Businesses, that is one third of the 30 million Small Businesses that this president took a hard position, of protecting. They put, Small Businesses front and center, of this particular this stimulus and so we are definitely providing we are providing date, maria full ask disclosure we have listed the banks we have listed the the composite total loans programs we also listed sector so we have not been deaf to the requests. You are making a lot of important points we so appreciate you joining us we will watch the developments thank you so much. Thank you, maria. More mornings with maria right after this. Ime 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 changing the way it operates with covid19 plexiglass temperature checks Kristina Partsinevelos made trip over to connecticut today what is new. Game on, here and there are lots of changes new normal spent over a Million Dollars on renovation as fox news resort casino we have plexiglass all tables want to minimize amount you touch the table, over there sanitize all the chips as well, over, to the slot machines on the other side every second slot machine closed you can see here this situation this one is closed, you can maintain social distancing protocols cleaning crews absolutely everywhere security guards telling you put up masks Drinking Coffee toll between every sip put mask on your face a very high touch experience make sure sanitizing everything after use, when you walk into the building, there is thermal cameras as well, if you have a temperature over 100. 4 they ask you to leave, so far, things have been going pretty smoothly, you have also the whole Hotel Experience because three out of four casinos open grand hotel open you go to front desk receive keys no paperwork you have a room that is sealed you break the seal, you walk into the room they sanitize all high touch points, remote control, certain areas in the birthdayroom and you dont have free stuff no paper or pen i am throwing back to you here at game on a lot of people here this morning a lot of people here last night in case everybody wants to know, they still serve the alcohol you got to tip the waiters and waitresses, back to you. You have to tip before; right . Yeah, exactly i am saying one thing did not change; right . We he want some things to stay consistent that means free booze. Thank you Kristina Partsinevelos, at fox this morning safety in the skies the federal Aviation Administration will not focuses flyers to wear masks that is next, stay with us. Where will you go first . Wherever you may go, lexus will welcome you back with exceptional offers on exceptional vehicles. Get zero percent financing and make no payments for up to 90 days on all 2020 lexus models. Experience amazing at your lexus dealer. Maria welcome back, airlines under pressure to toughen rules on mask requirements some are trying to strictly enforce spacing coverings in flights others not at all faa says will not require masks opened commercial aircraft wants to leave it up to individual airlines, American United delta saying that riles will get tougher this week, Dagen Mcdowell how do you feel about this . It is going to wind up being a melee, perhaps flight attendants going to enforce this is it going to be other passengers, getting in arguments with one another about who not only doesnt have a mask on but are you wearing it properly my biggest concern i know at least delta american are not serving alcohol on flights, so i think that just going to rampup anger i checked to see if delta lounges were open i have a trick i go get wine in a coffee cup take it on the plane, i cant get. Maria good with tops nobody stops me i cant get a clear picture as to whether still serving booze in the lounges, but i am on the case, i will report back. Maria they said they would still serve first class alcohol, i think that was in the report yesterday you are right, the main cabin, not going to do it steve forbes how do you feel about all this have. Airlines are going to have to do it in addition to ones we have mentioned for liability reasons only real enforcement going to come from the fellow passengers, that is why they need plexiglass between seats, by the way, in google if you type in world war ii leaders Franklin Roosevelt president United States during world war ii twar iworld war ii does not show up. The other day churchill now roosevelt. They said it was an accident now roosevelt unbelievable im going to google that do world war ii leaders and there is no roosevelt. No picture of roosevelt. S all right. We will take a look, this is one of the things, that has gotten ire of congress for sure, by censoring certain speech images, issue at google mornings with maria continues right after this. Stay with us. 13 maria welcome back. Final thoughts from this allstar panel. Marc tepper . I understand masks on planes, but everywhere else, i think theyre nasty. They might even be more unsafe. How many people wash them every single time they wear them . Kind of gross. Maria well, i mean, whats the alternative . Whats the alternative . What are we going to do, dagen . Maybe not have a bunch of germs on your face all day long because you are wearing a dirty mask. Thats the alternative. I will take my old germs over somebody elses, some stranger covid germs, marc. Thats crazy. Maria get new ones, steve forbes. Just keep changing them. It gives new meaning to the word unmasking. Maria there you go. Thats good. Thats the best joke ever. We got to jump. Stuart varney is on deck right now. Great to see everybody today. Varney Company Begins now. Stu, take it away. Stuart very hard to keep mr. Tepper under control, is it not. I like what he had to say about masks. All right, good morning, marc. Good morning, maria. Good morning, everyone. Indicator of the day, one that we follow to get a sense of the economys rebound, jobless claims. 1. 5 i think 1. 508, thats slightly misleading on your screen, 1. 508 million new claims last week. That is down 58,000 from last week. The down trend therefore continues