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Happy weekend to all, welcome to the program that analyzes the week that was in position to for the week ahead. I am maria bartiromo. Bracing for impact texas cities declaring states of emergency this weekend while 1500 u. S. Troops prepare to go to the border a massive surge of Illegal Migrants expected next week senator joni ernst on the impact across the country when title 42 expires in the upcoming week. Jobs jump many more jobs and did april the famed economist on what this means for the health of the economy in your job. A new government report outlines what is to blame for all of the Flight Cancellations over the last two years, the ceo Frontier Airlines is with us with a response. May 11 is a nightmare date for the American People, they take it out of the toolbox one of the most effective tools they have to deter illegal immigration income next week all hell is going to break loose along the border. Caravans are making their way may 11 is in freefall were anyone that comes across the border will be released into the country. Maria a dire warning of whats to come days from now with the end of title 42, Homeland Security Alejandro Mayorkas on the ground surveying border brick under control preparation is 1500 troops are preparing to add to the border joining me right now in a fox business exclusive iowa senator joni ernst the Senate Armed Service committee and the chairman public and policy committee, its great to have you you have been to the border several times tell us what youre expecting when title 42 goes away on may 11. We can expect with title 42 expiring to see the rapid influx of Illegal Migrants and it is devastating not just to the border states but to all of our states, even iowa smack dab in the middle of the country is experiencing fentanyl deaths to an unprecedented level. Maria were looking at incredible pictures and people lining up in brownsville texas on thursday of this past week and it appears that people are understanding that title 42 is about to get lifted and this is a time to come into america, what is going to be the impact how are you going to get your arms around the wildly out of control southern border. We cant the president knows that, unfortunately he has turned a blind eye to whats going on at the southern border, you barely hear a mention of that coming out of the administration the secretary recently said the border is in under control it is laughable the sabean impact to the Broader Community initially as her trying to absorb all the migrants is already a humanitarian crisis it will increase exponentially next week. We will also continue to see the horrific trafficking of children of minors of sex trafficking the slave labor thats pumped into the United States and continued Drug Trafficking primarily fentanyl and methamphetamine that is devastating or communities. And then the repercussion, many of these people have been caused by the cartels to claim asylum, they will never show up in court, they will be turned on to the United States, they will not return for the court dates, they will carry on with an activity you will create a huge crisis across the United States. Not just the border states but every state. Maria also happening text patient President Bidens can be with leaders from the house and the senate with the clock ticking on the debt ceiling deadline, the white house is the president will be there but is not going to negotiate with republicans at all for spending limits what do you think happens here isnt this the president the city would bring people together as a nation and here is saying now were not to come together its my way or the highway is untenable. Even the majority of democrats know that we cannot continue to spend the way we have been spending, for the Hardworking Taxpayers are footing the bill for 32 trillion of debt, we cannot continue on this path the president needs to wake up, he needs to work with mccarthy, and very proud of her House Republicans for putting forward their ideas and i know will work with them as it comes to the senate. Maria this is an issue that markets will focus on in trading lower if theres not a resolution and adds to the pressure. In the face of all of this there are serious charges against his president. Senator Chuck Grassley and chairman james comer absent a subpoena for the fbi document that whistleblower says links President Biden directly to criminal scheme involving money that he and his family taken for policy decisions that he made as Vice President the white house has refused to comment but the white house will try to classify the document so nobody can see it. Right now and unclassified document. Will we be able to see this document that the republicans say ties biden to this influence peddling scheme. We need to make sure the department of justice is following up on the allegations, we have to know the truth and truth be darned, you know how the saying goes lets bring it forward and let the American People see what those allegations are, the document that point toward criminal wrongdoing by the president , lets let them evaluate as well lets make sure the department of justice is actually following through, kudos to chairman comer and senator Chuck Grassley for working with this whistleblower and trying to bring these allegations to light. Senator what are we supposed to think about china rising all this bad behavior from a surveillance balloon traveling across the country to surveillance tiktok, police stations in america, Chinese Police stations and yet joe biden has a soft approach to china, how are we supposed to assess his current situation. Joe biden as president as an extremely weak leader we are seeing our nation fall in its level of respect among fellow nations across the globe and he is allowing every foreign adversary to walk all over us everything from china and the spy building to iran in the crazy Nuclear Negotiations that the president was engaging in it is allowing iran to continue without enforcing sanctions, there so many issues where joe biden has been a very, very weak leader and its caused the decline in American Leadership around the globe, we know that, unfortunately we need a stronger leader at this time and its quite obvious from these allegations with the whistleblower that joe biden is tied to so many of our foreign adversaries, i dont know that our nation can trust him at this point to do the right thing. Maria s editor we will be watching it, thank you for joining us today, we appreciate it. A wild week for stocks and particularly regional banks admitted tenth fed rate hike mohammed al hardy and is here on the threat to banks in the u. S this thing, its making me get an ice bath again. What do you mean . These straps are mindblowing they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. And you are . Im an investor. In invesco qqq, a fund that gives me access to. Nasdaq 100 innovations like. Wearable training optimization tech. Uh, how long are you. Im done. Im okay. The virus that causes shingles is sleeping. In 99 of people over 50. And it could strike at any time. Think youre not at risk . Wake up. Because shingles could wake up in you. If youre over 50, talk to your doctor or pharmacist about shingles prevention. Starting a new chapter can be the most thrilling thing in the world. Theres an abundance of reasons to get started. How far we take an idea is a question of willpower. Because progress. 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Because a clearchoice day changes every day. Schedule a free consultation. Im your overly competitive brother. Check. Psych really . Dude, thats a foul and now youre ready to settle the score. And if you dont have the right Home Insurance coverage, well you could end up paying for all this yourself. So get allstate. Maria will come back take a look at where markets ended a tumultuous week stock spooked by concerns of the stability of our Banking System, while the Federal Reserve hiked Interest Rates again another quarterpoint attempt rate hike and a big surprise in the april jobs report 252,000 jobs added to the economy the month of april blowing with expectations, and employment expectedly falling to 3. 4 with more people leaving the workforce the Economic Advisor in gramercy chairman mohammed with us, looking back your thoughts on the macro story with all of this the Federal Reserve raising Interest Rates in all of this worry about things, how you see things. We are in the midst of a trilemma trying to reconcile three things that we all want, economic growth, low inflation and Financial Stability and we are having problems on all three in the question that we must ask ourselves is given where we are and we shouldnt be here but given where we are at the end of the day how many of these three can we achieve, i suspect at most maybe one, hopefully to but were not to get all three. Maria is interesting to job number, and betterthanexpected even in the face of this messiness around banks, how do you feel about the Bank Stability right now should we be worried and what about the job numbers . First of the job number like you said a be across the board, job creation, wage growth, and employment and Labor Force Participation all came betterthanexpected, that is good news for the economy it means the risk of a deep recession is lower, and fact theres no reason why we should go into recession, forget another mistake which leads to the second issue, the strong labor market makes it even clearer that the fed is behind. If the fed continues to be aggressive because this trying to catch up it will destabilize the Banking System. What weve seen happen in the Banking System the instability has migrated from a set of banks that were badly managed and the bad management was exposed by the mishandle rate cycle and poor supervision of regulation to now we have banks that are not badly managed they just happen to be in the wrong neighborhood. Its really important to contain the issue before it migrates again to something bigger. Maria i think thats what the sec is probing market manipulations to make sure some of this is not just activists after publicly trashing banks like a gamestop moment. They should look into it i dont think that the major issue the major issue of the following, one banks got caught offside by how rapidly interestrate increase after they were told not to worry because inflation was transitory which is the wrong call, second banks themselves have contributed the stability and the minute a bank says im looking into Strategic Options the stock price gets hammered and what happened to First Republic were you lost 97 banks are Getting Better and more proactive and then the resolution mechanism for those that have to be resolved have to be better handled. Maria i would get your take on two big warnings on the threat over a. I. And the impact on jobs and economic 14 million fewer jobs overall in the next five years because they will be replaced by Artificial Intelligence and the ceo of ibm had this to say, watch. A. I. Is going to replace many whitecollar jobs i expect a. I. To replace over the next five years. Maria are you concerned about the a. I. Impact on the economy and jobs . No i think we should embrace a. I. And make sure its going along the right path. Its good to be disrupted no doubt but in cambridge im surrounded by smart peoplecludiy first thing that they tell me they cannot make predictions of the exact economy because a. I. Itself is moving so quickly you have to see how a. I. Involves and how the Regulatory Framework involves in anything deterministic on the impact of the economy in its can enable lots of things and hopefully we can transition from jobs that are no longer needed to new jobs that are created. Maria it is important to see the technology is moving. I dont think you can get in front of a train that is fast with regulation. I remember im old enough to remember when they used side rules and i remember thinking we have a calculator and finally when calculators were allowed it could only be the basic calculator now weve embraced not technological, we should not go to the whole cycle of trying to deny something disruptive in an increase in benefits. Maria we will have to study further, good to see you, thank you so much. Thank you for having me. Mohammed joining us. The ceo frontier is next on how to preparing for the demand in preventing more incidents like double check that. Eh, pretty good whistles yeek. Not cryin, are ya . Lets tighten that. fabric ripping ooh. Wait, wh wh what was that . Huh . What, that . No, dont worry about that. Here we go. Asking the right question can greatly impact your future. Are, are you qualified to do this . What . Especially when it comes to your finances. Yeehaw do you have a question . 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Families grow, houses get smarter, and our demands on the internet increase. Thats why we just boosted speeds for over 20 million xfinity customers, on us. So you get more of the speed you need for day and night streaming. More speed you need when youre work from homeing. And more speed you need as your family keeps growing. Check in on your current speed through the xfinity app or upgrade to the speed thats right for you today. Bridgett is here. She has no clue that im here. She has no clue whos in the helmet. Are you ready . Im ready alright. Xfinity rewards creates experiences big and small, and onceinalifetime. Maria welcome back, dont blame it on the ring a new report from the Government Accountability office claims airlines are responsible for many of the post pandemic search and flight cancellation not whether with staffing shortages and maintenance issues as a leading cause in 2021. Joining me in the fox business exclusive the ceo of Frontier Airlines barry biffle what do you make of this report and how are you fixing the issues that frontier. I dont know that the report is a complete picture but i know it definitely does illustrated frontier weve made huge investments in our infrastructure including maintenance and rethinking completion even though we have the highest utilization for aircraft in the industry we continue to be in the top five in completion factor, were proud of the operations of the business we are running today. Maria you have Flexible Work conditions really changing out there post pandemic has that driven changes in the way the people purchase tickets and the way that they plan travel . Is more people in the office on tuesdays and wednesdays in any other day thats caused them to be more peak than they were. On tuesday and thursday has widened versus prepandemic and were reshaping our capacity and maximizing that from a business perspective and actually make more money as a result. Maria how is business going you reported your First Quarter this week, you reported spring break travel outperformed expectation but your cutting your growth outlook. Its a little bit misunderstood, were discarding her utilization were get a 20 in as our guidance shows were to continue to improve yearoveryear so were growing margins in the company 20 . Its a little bit misunderstood, think investors are to be rewarded when they see the margins come through. Maria the big number, 20 , what do bookings look like, how would you assess business today. Business is great were continuing to see robust demand for travel. We have seen interesting phenomena when you look at 200,000 Household Income at about we were 10 of our customers fit in the category prepandemic and now were almost doubled in the at 18 . Received a lot of wealthier folks traveling we dont know if this is a tree down but it looks like were seen people seek value as prices have gone up. Maria maybe thats inflation component that you see more people search for value what about the expense side of the business what are you expecting in terms of the expense of oil and labor right now for the future. We seen labor cost come back down grade we saw the biggest increases on the frontline in double versus prepandemic in some areas and some cities. We seen a stabilized the unemployment is starting to stabilize and were starting to see all of the factors come together theres not a shortages that there were so you not seen the wage inflation, there are certain suppliers that relate to the game on inflation but overall inflation is moderating so were seen things be much more normal on a yearoveryear basis. Maria airlines are dealing with unruly passengers we have this video that went viral from a frontier flight from trenton to indiana shows an altercation with a couple on a flight. Another woman who got involved in appeared to be voted off the plane, watch. Mind your [bleep] business. Like i said. 40 or 50 people that would like to be removed from the plane. If you want removed from the plane please raise your hand im not even kidding raise your hand if you want removed from the plane. Maria what stress, how common are incidents like these, what are you dealing with this. Fortunately these incidents have come down but we have seen in elevated lack of decorum and Society Since the pandemic. These are pretty rare we carry up to 100,000 passengers a day. If this is one of millions from an incident perspective but it is disappointing when it happens and we need people to settle their emotions when they get in public. It is disappointing but our folks are handling it very well and is coming down were seen less and less but it is disappointing to see things like this happen. Maria its great to talk with you, thank you for being with us wheezing asthma isnt pretty. Its the moment when you realize that a good day. Is about to become a bad one. But then, i remembered that the world is so much bigger than that, with trelegy. Because one dose a day helps keep my asthma symptoms under control. And with 3 medicines in 1 inhaler, trelegy helps improve lung function so i can breathe easier for a full 24 hours. Trelegy wont replace a rescue inhaler for sudden breathing problems. Trelegy contains a medicine that increases risk of hospitalizations and death from asthma problems when used alone. When this medicine is used with an inhaled corticosteroid, like in trelegy, there is not a significant increased risk of these events. Do not take trelegy more than prescribed. 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So ask your doctor about adding preservision and fill in a missing piece of your plan. Like i did with preservision. Now with ocusorb better absorbing nutrients. Maria welcome back one thing you need to know ahead of next week and end of an era for some, the u. S. Is set to finally lift most covid19 Vaccine Mandates next week federal workers, contractors and foreign travelers will no longer be required to get the shot come short until thursday biden sweeping mandates which have been in place in september 2021 but an estimated 44 million american jobs at risk and cost businesses more than 1. 2 trillion dollars just in order to comply with the requirements, were requiring this every morning and weekday mornings with maria weekdays six to 9 0i will see you on sunday boarded on the Fox News Channel join me at 10 00 a. M. Eastern on Fox News Channel for sunday morning futures. Exclusive interview with chairman james, senator mike l lee, congresswoman monica de la cruz and former white house stephen advisor Stephen Miller life sunday morning, that will do it for now youre on fox business, have a great res the weekend, thank you so much for watching. I will see you again next time

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