Transcripts For FBC Mornings With Maria Bartiromo 20160524

Going to win here in california. Maria shakeup at the tsa to tell you about the long lines, one top official his job. Outrage over comments from head of the va, he compared wait times at hospitals for veterans to long lines at disneyland. Thats creating some conversation this morning. Facebook making changes to trending topic section, what the company is doing to combat allegations of bias, toyota expanding its recall over, takta air bags. Take a look at the numbers. Hang sang index the only winner. In europe this morning stocks are turning higher, we do have money moving to equities. Cac quarante up one and a third percent. Euro finance ministers talking today about greece bailout. As you can see, the Dow Jones Industrial off 50 points, nasdaq also in positive territory. We will get a reading on new home sales, all the stories coming up in the program this morning and here with me fox business dagen mcdowell, Jessica Schwendeman and proactive communication president mark serrano. Happy tuesday. Dagen the only thing better than watching this program is being part of it. Maria carl is with us, aflac and ceo joins us and former regan economic adviser. Mastercard, north american craig joining us and former mcdonalds ceo ed with us this morning. Big show, you dont want a miss a moment of it. Lets start with breaking news this morning. According to ap this morning, a senior forensic official is now saying recovered human remains suggests there was an explosion on board moments before the plain crashed into the ocean. Search teams continue to comb for black boxes. This morning we are turning to the race to the white house. Washington state holding primary with presumptive nominee donald trump expected to take the states 44 delegates putting him well within the range of 1237 that he needs for nomination. The event taking place in new mexico, it requires a 10,000dollar minimum donation to attend. And on the other side of the aisle Hillary Clinton turning debate with Bernie Sanders. Thats on june 7th, Clinton Campaign issuing a statement, we believe hillarys time is campaigning and meeting directly with voters across california and preparing for general election and ensure white house remains in democratic hands h. Hes not surprised clinton declining this invitation. I was disturbed but not surprised to hear a few hours ago that secretary clinton has backed out of the debate. A months ago our campaign and her campaign had reached an agreement of a number of debates including one here in california in may. But i think i have to tell you this, i think its a little bit insulting to the people of california. [cheers and applause] maria joining us right now democratic strategist marian marsh and harlen, good to see you. Good morning. Maria is it a good idea that clinton decides to pull off of the debate and not debate Bernie Sanders . Shes afraid of two actors, one is Bernie Sanders, she doesnt want to face him going to california, but two, shes afraid of fox news debate, shes gotten a pass too so many debates between cnn and msnbc getting a hug from rachel maddow. Maria it feels like marian given the fact that Bernie Sanders keeps winning all of these states that she should be almost pressured to participate in the debate but shes looking at donald trump in november. Right, like donald trump Hillary Clinton is the nominee and thats a fact. They will both declared officially the nominees of the party on 8 00 oclock when polls closes but they will have the number of delegates they need to be officially nominee. The next time you see either of them debate will be in general election. In terms of fox news debate, it would have been nice. If she were my client because Bernie Sanders is more interesting in tearing down Hillary Clinton and the Democratic Party than to beat donald trump. The evidence proves that. She has nothing to gain by debating Bernie Sanders at this point because its just more for donald trump to use against her. Donald trump attacks are coming from Bernie Sanders attacks. Maria shes what she says. I am the nominee, i will be the nominee. Dagen if she gets with Bernie Sanders, it will look that shes conceding that she hasnt won the nomination. Because she hasnt won it yet. Maria what do you mean thats not true . You cant say that donald trump is not the nominee and Hillary Clinton is not donald trump doesnt have an opponent. She does. Excuse me, as we know from the previous reports today, ted cruz is taking all the delegates in Washington State and he has yet not turn them over. Hillary clinton actually has fewer delegates to get to her number than donald trump to his number. She has a huge distraction, donald trump doesnt have. She has window of opportunity where its just him and she has distraction of Bernie Sanders and she cant answer the question, what do we do with bernie. Dagen speaking of questions, the biggest question that she has to be worried, shes going to get hit with it in a general election is about the email server because Bernie Sanders last fall when he said the American People are sick and hearing ab maria your damn emails. Dagen she has gotten a pass from him. If she gets on stage shes going to get asked about it and shes trying to delay that as much as she can. Anthony what happens to Bernie Sanders if theres convention . Is there any convention . I expect ted cruz to do the same thing. Its like the political equivalent of a hostage video. Here is my negotiation, here is what i want and i expect to see Bernie Sanders speak at the convention as well. I think the real question here is when the platform gets put together does Bernie Sanders push some of the platform items that are outside of whatever gets put together and tries to get delegates to vote against them. Will there be a fore fight. Thats the big question. Maria the truth is Bernie Sanders, elizabeth and barack obama has pushed it much to the left. I think its moreleft leaning now than six months ago. So this idea that this election is bake and theyre going to come over at the end is farfetched. Anthony raises the opportunity that trump has. If hillary is being pushed to the left by bernie and this is his moment to move to that center space. Dagen jeri has a column. Maria what does he say . Dagen opening of it is football metaphor. Shes trapped in the back field by senator Bernie Sanders and his supporters. Shes trapped on the left. Maria the whole party is being pushed so much. We have to talk about Virginia Governor longtime clinton supporter. Being investigated, the subject of a Justice Department of whether he received Illegal Campaign donations back in 2013. Does this spell bad news for hillary . Whats your take . Look, mccollough was a longtime fundraiser for hillary. This has cloud of investigations and this just fuels that. Terry goes back to the 90s and he has had past scandals assign today them. This guy thats tied in to this investigation, you know, hes committed two Million Dollars to the clinton global initiative. Maria the fact is some people feel that the foundation situation or investigation is going to be even more damming than the email scandal. It could be, certainly. Look, 100 million from the saudis, all the money coming from univision, dictatorship that want to influence the hillary administration, so once again, its tenure at the dnc and clintons long track record, 30 years long. Dagen i just want to know when my home state of virginia turned into new jersey in terms of political corruption given our past governor and the current governor. [laughter] maria marian, final word from you. I believe in dealing in facts, when you become the nominee of the party is facts. The nomination should be based on facts. Its always disappointing the leaks, lots of cheap shot i just heard unfortunately and i think its important to maria he is under investigation, marian. Here are the facts, yes, he is for the governors race, mr. Wang is a u. S. Permanent resident which allows him to contribute and the Clinton Global Foundation is not under investigation. It should be. We still dont know the facts, so i always think its fair. We do know the facts. Thats ridiculous. Youve chosen not to engage in facts. Maria we know that theyre looking at the foundation, marian, because of business that was in front of the state department at the same time that the Clinton Global Foundation was getting donations. That we do know. And lets see what comes out of these investigations. And we know that she stored emails in her home. Than the actual judgments normally that come out and yet the damage is already done. I think thats the really unfair part here. Maria all right, mirrorrian, good to see you, thank you so much. Coming up, you wait in lines at disney world and why not everywhere else, wait times are sparking outrage this morning. Shakeup at the tsa, the agency is hoping a change near the top can help with turbulence moments. The new policies it is putting in place to fight growing criticism from the right, back in a moment maria welcome back. The tsa removing the head of Security Operations as airport lines keep getting longer. Cheryl casone with the details. Good morning to you, cheryl. Cheryl good morning to you, maria, kelly hoggan has been removed from his job, this is according to twitter post by the House Oversight committee. Hoggan is going to be replaced by joy, security at both los angeles, new yorks jfk. 90,000dollar bonus had been questioned by the department of homeland security. 90minute wait. Hell hoggan has not been fired from the agency, just reassigned. Toyota recall vehicles to kata air bag inflated problems. Sierra, ex vehicles. 4. 7million vehicles. And finally this, netflix announcing a partnership with disney thats going to begin in september. The Partnership Allows streaming service to offer Disney Marvel pix ar movies during the time dvd releases. Whats interesting is netflix is saying, hey, you know you love our tv shows but we still have movies, back to you. Maria yeah. [laughter] maria which company does it benefit for, netflix or disney . Dagen netflix hands down. Dead pool, revenant. They dont have kind of the depth of really topnotch titles. Maria original content. Dagen thats the new season. [laughter] dagen show on netflix. Maria its a good question because you would think that the animation, the Animation Companies whether its marvel or lucas in the disney empire would be so highly valued, but youre right, netflix is going to get everything. Dagen some of the best content on netflix are marvelrelated original content like Jessica Jones and dare devil. So awesome. Maria why its been a challenge to fight terrorist under president obama, why he thinks donald trump can, in fact, get the job done. We are taking a look at the prices at the pump as you get ready to hit the road. Keep it right here. Mornings with maria continues if legalzoom has your back. S, over the last 10 years weve helped one million Business Owners get started. Visit legalzoom today for the legal help you need to start and run your business. Legalzoom. Legal help is here. 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My name is collette. Lindsey jodi stacy our nurse care managers are with you every step of the way so you can focus on your fight. Cancer is a long journey and i want to do everything in my power to take the stress off of your shoulders so you can enjoy your life at home. Learn more at cancercenter. Com caremanager Appointments Available now. Maria welcome back. Triple a expecting more than 38 million americans to travel memorial weekend and despite the fact that gas prices are at the lowest level since 2005, they are now at the highest point in 2016. National average has increased 12 days in a row, 12. 29. Even though thats down from the highs. Joining us is gas buddy. Com consumer analysts. Good morning to you. Maria big weekend ahead. How do we characterize in terms of gas prices . 2. 29 a gallon, this is we are expecting the lowest summer prices we have seen since 2005. The tenyear average is potentially higher. Ninety cents cheaper than tenyear average. Sixteen cents for the month but even though the lowest summer prices since 2005 so a lot of people are going to be hitting the road. Jon what are people doing with the spray money . Some people are blowing it, a lot of people are saving it. Its definitely inspired people to go ahead and take the road trip. Theres demand, people havent taken a vacation in a while. Gas prices are low, the economy is improving, why dont we throw the kids in the car and go particularly since all the mess with the airlines, the lines are two or three dollars, all the nickel and diming, lets have some fun. Dagen specially if you have children, its easier to throw them in the car even if you get stuck in traffic for part of the drive but rather than standing in security line for two hours. Its frustrating for the families. A lot of families will throw kids in the car and 36 are plan to go take two road trip this is summer. Jon when was the last time you saw people taking road trips . We havent seen that in a while. People take road trips when the gas prices are low, the economy is better, they are feeling more confident about things. This year in particular because we have heighten terrorism fear and extra long lines of security and concerns about the zika virus, people dont wanting to to mexico or caribbean. Maria that makes a lot of sense. Its been a wild year in terms of the news, people are saying, probably the first vacations or breaks that they can take and then enter the fact that oil prices are the way they are. Right, people are thinking why dont we go to europe, now, i dont wanting to to europe. European vacations are down 13 . Maria wow. People dont wanting to to brussels or france. Theyre afraid of terrorism. Dagen you said that more people are renting rvs to go to National Parks . Did you say fun . [laughter] cheap way to travel, a couple hundred a day, maybe a week 1200 or 1500 for the family. [inaudible] dagen im just worried about the people driving the rv who doesnt know how the drive the rv, theyre huge. You dont get to straddle the middle line. Thats not legal. Jon great ripple affect, right . Tourism is going to increase so a lot of businesses are going to benefit. Not only National Parks or canada, a third of the population is just a days drive away and youre getting good value there and considered safe and kid friendly. You dont hear much about terrorism or gun violence. Its going to be a big winner. Maria thank you for the info. Comparison spark rage with veterans this morning. Va secretary is telling americas heros they can wait for Health Care Just like everybody waits at disney world. Plus, hello, it is me, money, the recordbreaking deal by adel next. In two good morning. Welcome back. I am maria bartiromo. It is tuesday, may 24th. Busy day in the campaign trail. Washington state told mr. Publican primary today. Donald trump focusing on his first fundraiser with the rnc today. Iraq looks to free falluja this morning. Look, we are at war with these people and they dont wear uniforms. Its not your traditional war. We allow tens of thousands of them into our country said the wars on foreign land when you see what happens in the future, its probably not going to be pretty. Maria outrage from comments from the head of the veterans association, he can wait times at hospitals for veterans of long lines at disneyland. Facebook making changes to it topic section. Adele kind of recordbreaking contract. How much he is going to make of this new deal. Affleck is also a huge Insurance Business bids Insurance Business. The ceo will join us in a fox business exclusive. Makes performance newspaper nikkei average of the sharpest decline is the yen strengthened against the dollar yet again. Stacks are turning higher. Meeting today to discuss graces bailout. The cac in paris up one and a quarter . In the u. S. , we expect a higher opening. Take a look. The Dow Jones Industrial average of about 40 points. As they await the results of Washington State primary, the Trump Campaign is headed west and the setting type on new mexico john roberts in albuquerque this morning. Good morning. New mexico, one of five states that goes polls on june 7th. Only two weeks away from the end here. The hispanic population here in new mexico is the highest percentage of any state in the land. 48 , wont affect donald trump to mention the primary and certainly could affect them in the general election. One person you would like to have on board as the governor, susanna martinez. Shes not going to the trump rally today and i have learned this morning while she is widely considered to be a potential running mate, folks close to the process tell me she is not being vetted possible Vice President ial him Susana Martinez off the list. Lots of controversy around a video done the trump hosted on amsterdam features the voices of Monica Lewinsky raising the issues of bill clinton and impropriety in the 80s and 90s. Heres a quick look at the ad. Very nervous. No women should be subjected to it. I tried to pull away from him. They are basically saying you want to go back to where we were in the 1990s by putting Hillary Clinton in the white house in 2016. Democrats fighting back against the ad releasing video of robert stone saying that trump is pain for Kathleen Willeys mortgage is part of a go find me campaign so she can go on the road and talk about clint didnt. No response on that when you hit trump still focusing on Foreign Policy yesterday. The chairman of the Foreign Relations committee come upon corporate president raising speculation that maybe hes on the shortlist to be running mate. Corker insisted yesterday he knows nothing about it. Your years. I dont think he should conjecture about something you really dont think. Im not a venture as a campaign theyve begun to think about things like that. I would guess they have just a conjecture about things you dont even think are serious is not an appropriate thing to do. Berea come you mentioned a moment ago the fundraiser donald trump live in albuquerque. 20 to 25 people in 10,000 should rate somewhere between 20,250,000. Maria thanks so much. John roberts. Outrage from comments of Veterans Affairs secretary Robert Mcdonald comparing wait times at va hospitals to the time people wait for a ride at disneyland. Listing. What really counts is how does the veteran field about their encounter at va. When you go to disney, do they measure the number of hours he waited in line . What is important . What is important is your satisfaction with the experience. House speaker paul ran responding almost immediately did this is not made to leave, mr. Secretary. After infant died waiting in those lines. Joining us now is navy seal reporter carl hee hee. Thanks for joining us in thank you for your Great Service to this country. What is your reaction to the comments . The fact the secretary of the va, procter gamble, a private sector monster would fall into this formal tc and screw this. Its disgusting. You have been comparing this to an entertainment center. I have friends who were on the waiting list. I have fathers of france to the died waiting for this to its disgusting. Maria knowing that people have died waiting for me to compare it to disneyland. These waiting lists a perpetual thing. At least the tsa hires someone over it. These waiting this dollar for the bureaucratic system. Time to start getting things in opera. I think the tsa got fired because it was disclosed he got a 90,000 bonus. I dont believe for a second it wouldve been fired if they hadnt been embarrassed at that point. I dont understand how you even come up with this analogy, People Choose to go to disney. These are people who served this country. People dont like waiting on those lines. You can pay extra to get out of the lines. Maria people are sick and dying. Have you dealt with the va . What is been your experience . Is a veteran backup my initial Health Screening and it was a disaster. It to two and half years to get the first initial Health Screening. Ive tried that Health Insurance. You cannot pay me to go to the va. I live in connecticut. Absolute disaster. Train to your neighbor needs to services . Absolutely not. The va could use a lot from disney, if he could turn to the private sector because he clearly does not have it within the government. Disney does measure. Thats part of the experience. At the va they are not recognizing that is part of the experience. A private hospital to people die in weightiness . It doesnt happen. Lets get someone who knows what theyre talking about. He was an army captain. Maria so what do you do . Youre going to private hospitals, private doctors. I wouldnt even bother. But i was getting my initial screening i had eight, nine appointments that half of them didnt show up for. I had to come back the next day because it was such a long way. Some of the vietnam era guys are very happy because they have been there and get in the system is the heart are. These guys to bring a newspaper and with six, seven hours. They get their appointment and go home. Maria whats the problem . Is the lack of accountability. Youve experienced it yourself. The pc culture. America last philosophy. Exactly. Theres no accountability. You look around. People are choking and choking on their computer. People dont care. A lot of people who do care, but for the large part to people at the va cannot incentivize to do better. They dont get paid more. They dont get bonuses unless your way up high. And then they get a bonus anyway. There is a major advance right now going on around falluja. Any prospect for settling the reaching down and taking the city that i should mark the resources we are supporting our stretch the end. I dont think they have the actual tried to take it back. Falluja has been riddled not only pay us coming in at 2004, but the entire war in isis has completely ransacked the same. Dagen how about Valerie Jarrett bragging about the end of two wars. Did you hear that . Everybody saying a bomb that ended the war in iraq. Guess what, the enemy gets a say in whether the war is over. No, its not over. Everybody says youve got to go back on the keepers longterm. Maria you were in falluja. This is one of the first todays isis is down. Heres the problem. You have a number of that is given everything they have two take the cities back and hold this countryside for their sake. We didnt get anything. We were compensated with resources which is a big fault. Weve had this huge fight for the longest war in americas history now which is called out in the code now we are committing resources. Charles keating got killed over there, a seal. When will we decide whether we are out or are not good when you do decide, commit necessary resources to matter how unpopular it is. Will donald maria that . It sounds like its got mixed views. Maria he basically said is going to declare war on terrorism if hes elected. Carl is saying we have to decide if we are war. You draw the line and say look, our way of war, not at war . Ask any commander what is the desired end result of the war in iraq and afghanistan, they would be like regional stability. You cannot define whatever the mythical goal list. To find the goal and commit the resource. Air true, discuss. Not saying do it, but discussed the threshold for a nuclear strike. Dagen is also said he doesnt want america to be the worlds policeman. He waffles a little bit. The administration has stripped down our defenses, cut the budgets for defense. At the same time, its had this feckless strategy, no strategy at all overseas in these wars. Dagen what if its an intentional strategy . We are exactly where the Obama Administration maria what it should say this weekend . Dagen i think he was on 60 minutes, citing president obamas accomplishments as the ending of two wars. That is why trump is definitively say no to build up our fences, take care of veterans. Hes got answers to the question on the isis strategy. The problem is you have an electorate who chose not to serve. 90 of america chose not to serve the derelict did the leader and they are doing it in a pc manner as not effective to winning the war. You have to kill bad guys if you want to win a war. Trying to important conversation. Thank you for joining us. Carl hbie. Both a platinum record selling artist tran 11. Facebook and how they select topics on what is trending. 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Ask your hep c specialist if harvoni is right for you. Maria welcome back. Happy tuesday come everybody. Features syndicate in the dow industrials will open 55 points higher. Stocks on the move. To strengthen the Housing Market to build reporting better than earnings and revenue disorder for the second order. Something more luxury homes at higher prices particularly out west. The retailer site to report firstquarter results ahead of the opening bell this morning. The company has warned of weakness because of slowing demand for mobile phones. This year it is said better than a percent has been under some pressure. Amazon making changes to the price adjustment program. There will no longer give you a refund. A passenger jet making a emergency landing. Cheryl this can be bad news for an aircraft. Strap diapers shortly after it took off, the plane had to return to Denver International immediately, felt like turbulence in her something as well. The passengers were never in any danger. The plane didnt fare so well. Took a bit of a head. Facebook says it is not biased against conservative subjects. It is training topics session and thought it would make changes anyway. Accusing curators of discouraging conservative topics and names. He wrote to senator john thune and found no evidence of political bias. The company said it would still make changes intended to minimize the risk of unintentional bias by its workers. Well, adele about to be rolling in some serious dough. Cheryl this thing are about to sign the largest ever record deal for a female singer. The sun broke the story with a deal thats worth of 130 million. The biggest ever awarded to a british musician in history. We have secured adele force Columbia Records label. This 130 million contracts would eclipse Whitney Houstons 100 million signing back in 2001. Purdue big for her. Train to cheryl, thank you. You dont hear the outrage by the way, in terms of bad deals come in the previous recordholder was Robbie Williams got 125 million record deal. If youre a sports or music. We live in a superstar economy. You will make a pile of money and everyone else is kind of looking on in. Maria will take a short break at the top tsa official forced out. Long Airport Security lines coming out. Social messaging companies coming up with 20 billion paid by investors are going all in on the social Media Company straight ahead. Dont forget to check out mornings it for me on facebook. Or on twitter mornings maria. We will be back in a moment. Maria athletic wellknown for its dock in the commercial in the u. S. But the largest provider of individual insurance in japan. As a result, my next guess understands the Global Economy and what Business Leaders look for in this Heated Campaign season. Joining us is john amos, a fox business exclusive. Good to see you. We are all talking about how great the aflac duck has been for your business. You said once you installed aflac duck, your business you cant say it without same aflac. Thank you. It did in the United States when we took it out under 10 . And then all of a sudden it started job in today at 93 and the United States. Whats driving the business right now . We continue to do very well in this environment. One of the things colonials are interested in is how Companies Give back and what they are doing. We have the Aflac Cancer Center and Childrens Health of atlanta. Our sales force has given over 65 million of their own money. In total, weve given over 100 million get that kind of thing we put forward they take a head for not doing anything wrong. Just be in front of me saying of me thinks along with making our profits which of course is number one. Maria whats the driver . What is driving the business . Was in the Health Care System like in japan just got a singlepayer system thats gone from no deductibles to 10 to 20 and now 30. In the United States at the obamacare, the big gaps create the copays and deductibles. When people buy that, they get products to fill the gaps and thats overdoing. You say the sox doing great. There have been three downgrades in the last couple of weeks. What is going on . The market seems to think the stock is down enough. All they do i feel like we are going to make all of our numbers. We are certainly very safe stock. I feel like theres plenty of opera. I certainly am happy with whats been going on. How is the economy now . They wanted 2 inflation and they have not had a cat. I think we still are waiting for you. Our business in japan has been fabulous. The largest and Insurance Company are selling for as and thats been a very good position for us and we continue to grow there as well. Maria how does that impact you . We talk all the time what is going on with going on that began in driving the stock market there. We used to say exclude the yen. Because you collect all of our money, pay of our claims in the ad and its only when we transfer profits at the end of the time. All in all, the yen has been strengthened in an average hundred 21 last year through right now about 113, 114. That helps us to some degree when you just look at it and dollar amount. Dagen i just want to ask you how you see the Health Insurance industry for the individual, people who get it for their employers worsening in the coming years because of obamacare. What should be our biggest concern . You need to fill those gaps and was created in health care. You know, theres some independent research that shows it used to say 51 of americans could not come up with a thousand dollars in cash. Its now up to 65 . Our policy costs money, but we did not do briefly remind play. Maria good to have you on the show. Dan and mouse, aflac. We will be right back. Tokyostyle ramen noodles. When you cook with incredible ingredients. You make incredible meals. Fresh ingredients, stepbystep recipies, delivered to your door for less than nine dollars a meal. Get your first two meals free at blueapron. Com cook. Maria good Tuesday Morning. I maria bartiromo. It is tuesday, may 24th had a shakeup at the tsa, long lines at airports across the country costing one top official his job. Breaking news this morning. New details in that aircraft. An official tells the Associated Press human remains have been found suggesting an explosion may have taken down the aircraft. Washington state holding its republican primary. Only two weeks away from the california primary and donald trump hosted its first fund raiser with the rnc today. Hillary clinton and Bernie Sanders targeting trump over finances and Economic Policy is. Trump economics is a recipe for lower wages, fewer jobs, more dead. Trump is a multibillionaire or so he tells us. We dont know if its true or not. He lies every day. Maria meanwhile, dream in rain now facing suspension over his controversial life. He will have to pay. Details coming up on that. The latest round of funding for the social media giant that market this morning a mix, mix lives in asia. The sharpest decline as the japanese yen strength and again against the dollar. Stocks are turning higher. Euro zone finance ministers meeting over the bailout of greece and in the u. S. Can the features point to a higher opening. Now industrials opened up 50 points this morning. Nasdaq s p 500 higher. Reading on new home sales comes out at 10 00 a. M. Eastern and later on in the week the gdp report is out. Joining me this morning, Fox Business Network dagen mcdowell, chief economic correspondent John Hilsenrath and mark sereno. I have to say half like again. That was great. Theyve got a lineup this morning. Farmer ben carson, chairman of donald trump supporter is that does allow us reagan economic adviser Marty Feldstein along with former mcdonalds u. S. A. Ceo ed ran say. Republican congressman joe have with us. We will take it off right now with our top story this hour. Remove in the head of Security Operations at the airport landscape to a bunker. Reporter good morning to you. If you have said if you have said about at this miserable security lines lately in fact year saw someone has to be held responsible for this madness, that indeed has happened. The former tsa had a security kelly hogan was replaced yesterday effective immediately. The taliban said the administration announced a derby lajoie as his. Jay has held similar roles at new yorks jfk and Los Angeles International airport. A sudden spike in wait times we have seen for days and weeks, sometimes hours on at Airport Security lines has become a phenomenon. The tsa has blamed a surge in travel combined with a shortage of Security Officers due to budget cuts. The tsa had peter massinger announced a few more changes yesterday in a department by of five letter. I bought them at Chicago Ohare International airport which has seen some of the worst ways. A new team that will oversee screening operation and Incident Command Center has been established at headquarters. These adjustments will enable more focused leadership in screening operations at critical airports in the National Transportation system. However maria, the passenger boarding planes that destroy obama will do so today in the weeks to come as this. Are these adjustments a permanent solution are just a first step in a system that still day as a whole lot of fixing Going Forward . We will see in the upcoming days. Maria we will be watching that. Blake burman turning to the latest from the campaign trail. The general election is swinging further with republicans in Washington State set to cast their votes today, presumably giving trump 44 delegates. This is a gop president ial nominee gears up for his first court native fundraiser at the rnc in new mexico tonight. My neck just as trump will have no trouble raising the money he made and he will win the general election in november. Ben Carson National Campaign Chairman and donald trump supporter,. Why are you so confident he will raise the money . There is debate yesterday talking about a billion dollars. Is a couple things going on. One reason i chose to join his Advisory Board as we get down to unification. After 17 candidates, he won the upgradability to be the nominee. When you do come back and unify the party and not tear it apart. With this process, it comes down to people putting down their weapons and everything was done against each other during this last race. We focus now moving forward in november. That is what you see happening now. Maria do you agree with that . Do you think theyll coalesce behind donald trump and make it easier in november . You are still seeing pushback. They have. They are unified behind donald trump in recognizing this Never Trump Movement had little life to it and little purpose. You probably would agree that a lot of the folks who are ready to cut checks are the ones who have looked at the last seven years the way the economy has been restrained and damaged another looking for us that the power of the economy but the Corporate Tax cut rate that donald trump is proposing. Would you agree . Yeah, that is coming across both her knees. You are hearing again and again that many of my democratic friends that run very large fortune 500 businesses are not going to go back a democrat again. Theyve got a go forward with something probusiness that would give them a chance to move forward. Hard to make profits have increased regulation. Look at the amount of regulation added in the last seven years, its a staggering rate. Weve got to be probusiness if we are going to turn this country and can do need to move this forward in a way that will put us back into domination mode. Thats one of the reasons Hillary Clinton and his son her husbands record during the 90s. Its an act of desperation, but its two for the price of one if you will. I think that is a little dangerous because again, we played donald trump about bills passed problems if you will. That opens the door if you say my husband will be involved. You are opening yourself up. You cant say that people are still struggling today and forget the white house has been run for democrat to thats true. You havent seen 3 economic growth. 1990s when they did have that economic growth. Maria right, but in the last 10 years we havent seen much of a recovery. What about hillary and bill clinton as those Bernie Sanders going after trump in attacking finances . Listen to this. Economics could bankrupt america like he is bankrupted its companies. [applause] i mean, ask yourself, how can anybody her opponent who never tires of telling us how much richer he is than the rest of us wont release his tax return. With regard to trump, this is hysterically funny. Trump is a multibillionaire or so he tells us. We dont know whether his true or not. You know, he lives every day, so probably hes broke. Maria what are your thoughts on this . I think its a couple things. I find it fascinating that now we are going after specific business. At the end of the day, anybody thats had to go out there and grow a business nospace you are not perfect every time. So yes he made mistakes. You see a he didnt succeed. Overall he had more wins than losses. I want to last a lifetime burning data payroll. These are real things Business Owners face every day. The more i believe that the democrats focus on these things, these things, the more outrageous americans. Look at statistics we see right now. People across america are fed up with washington. They are fed up with being told how to live their lives. As dr. Carson used to say over and over again, this is a citizen statesman you are looking for. I carry an ipad to go go out there and do this. Its really hard to say if youve been in washington for 30 years in her husband was president that you could understand where it is. You can understand giving more money to people who are willing to work but thats different in making payroll. Maria that really resonates. Establishment versus antiestablishment. Maria when was the last time he managed to payroll and created jobs . It is achievable because of the economic anxiety among the big donors. Dagen i think he doesnt even need a billion. He can get by with half a billion given the tv exposure. Hes been doing it on doing it on a shoestring and the way up until now. Dagen mr. Graham abbott at short and sweet and had no clinton were hurt. Go quick, hes under fbi investigation right now. I think it will be interesting to see what comes out of there. Its ironic that virginia which is closest to washington at the last two governors in trouble. I think we need to watch this closely and see what comes out. Pretty wonderful people and our Justice Department, administration for months were spent in a great job. Maria we will leave it there. Thanks for joining us. Dean parker. Breaking news this morning as human remains were found or that down egyptian airliner reportedly suggesting an explosion on board. U. S. Credit card debt headed to the trillion dollars mark. Why you need to be concerned. They just keep snapping up cash. Pushing a valuation to 20 billion. Weve got the details maxed. Next. And then his two brothers. And you up your Life Insurance because four people depend on you now. Then, one weekend, when everyone has a cold and youve spent the whole day watching tv, you realize that you didnt plan for any of this, but you wouldnt have done it any other way. With the right financial partner, progress is possible. Train to breaking this is mine and egypt air flight eight of war. An official tells the Associated Press that human remains have been found suggesting an explosion may have taken on the aircraft. Aviation attorney Mitch Baumeister joins us on the phone in paris. He is the former lead attorney in the lockerbie trial and egypt air 990. Thanks for joining us. Good morning, good morning. Maria what to make of this most recent comments. Human remains being found suggesting also that an explosion occurred on the plane. The south beach you to believe it was terrorism . Well, i have felt from the beginning that it was terrorism and more than likely not a bomb because theres a lot of facts consistent. These are the preliminary events coming out. Sadly, the big dems remain are small. The debris that has been found is small. If you think back to a number of exoceans that occur, lets talk about pan am 103. The front of the aircraft separated but the breakup of the aircraft at the altitude and the wreckage was scattered over hundreds of square miles over the land of scotland which they picked up. But there was a big section that crashed into town. Ultimately this will be small and fine debris if it is and i believe it probably is a bomb. It would be small debris spread out over hundreds of miles but possibly big sections of the aircraft somewhere below the mediterranean. The question really comes down, people dont think about it and pan am, lockerbie, the bombers had a structural point them out the front of the brand to separate and not caused the plane to crash. We dont know if this is in the cargo hold, if it blew up the tail, if it will up the win. We dont know if there was a terrorist bomber in the cabin area. Maria just declared they are saying its a explosion. Not necessarily a wrong. Insert sounds good. One of things youve been mentioning this he dont get any information from egypt air. The me tell you. As one of the lawyers, the copilot drove the aircraft into the ground. We investigated that take the depositions, work with ntsb. The official cause was an intentional act of the pilot. The egyptians rejected even though they asked us to become involved, not us, the lawyers, but even though they got the official result, they reject it and said it was a mechanical error. They always have information coming out. This will be very slow. As a final point, there is no significant weather. We know there was a sudden playing for 40 years. Fly the plane and then communicate if you can. They couldnt communicate. We can rule out weather. We can rule out midair collision. And here, the damage patterns so far is consistent with some kind of an explosive event. Not a bomb. Probably the only explanation is a bomb. The only other inflight explosion that occurred in my 40 years of practicing law in aviation cases with twa 100 at the san rafael bank explosion, every other explosion has been a terrorist act. My gut tells me this is terrorism. Its an explosion and we are beginning to see the early signs. But doctors will be key to the sudden onset and the place of the bomb in the cabin. How is anyone taking credit for it . If this is an act of terror, where the arms going up . Maria brill quake. Real quick, if this is an internal group to send a message to the military power is there to be, it may be that they are not that interested publicly and talking about this. If there was an outside egyptian group, it may be a different story. Do i have the answer to that . No. I am an aircraft expert. Maria you still think this is terrorism even on a terrorist group has claimed responsibility. A lot of questions. We demand more answers. Good to speak with you. Thank you very much. Mitch baumeister joining us on the phone. The remaining hacker group reseller plans email server. Cheryl this is a developing story. Fox news has learned that this romanian hacker indeed, marcel lazar is working out details of a plea deal with the fbi and the u. S. Attorney. A confirming a hearing. Gusafer will plead guilty to at least some charges. Switching gears to how would you like to try a red angry birds burger. Mcdonalds and singapore. One is Fried Chicken sandwich with a red time. A smoky Fried Chicken patty, friday, lettuce, tomato and a fiery pepper mayo. There is also a 90degree port burger that comes at a, lettuce, jalapeno sauce and a green button. So far just available in singapore. Big news in technology, tech crunch says snapchat puts the valuation at 20 billion, maybe more. It has had rapid growth since launching five years ago. The start of passover 100 million daily active users of the photo messaging service. 20 century fox is going big with its snapchatbased promotion or axman apocalypse. Not only of the mutants taking over all of the funds is to promote the film, users can now buy tickets directly from the snapshot adds. Axman apocalypse hitting theaters on friday. Just in time for the holiday. But you. Maria thank you, cheryl. 1 billion in household Credit Card Debt. Well take a closer look at the debt consumer space. Lebron james and the Cleveland Cavs in hot water after losing backtoback games in the championship. Why is that fourtime to pull out of this. Its more than a network and the cloud. Its reliable uptime. And multilayered security. Its how you stay connected to each and to your customers. With centurylink you get advanced technology solutions, including an industry leading broadband network, and cloud and hosting services all with dedicated, responsive support. With centurylink as your trusted technology partner, youre free to focus on growing your business. Centurylink. Your link to whats next. Maria later this morning, the morning, and look in morning, the canoe home sales picking up a busy week leading up to fridays gdp report from a secular vision for the gdp. Investors watching for clues on whether the Federal Reserve will raise Interest Rates in june. Former reagan Economic Council and jeb bush economic senior adviser, Marty Feldstein. Always good to see you. Thank you for joining us. You want to kick it up with this oped he wrote in a journal on the 17th of may as to why the feds inflation fixation needs to be ended. It is not that they are paying too much attention to inflation. It is that they have the target and the target is 2 . By the way they counted, they are now up 1. 6. The argument is we have to keep Interest Rates superlow to get from 162. Maria you think the fed should be raising rates . Do you think well see that in june . I hope so. They sent enough signals that will not be scaring the market are suppressing the market. Maria the jungle lands, because on sunday morning features this weekend the president of the Federal Reserve is San Francisco, John Williams, talked about raising rates going into an Election Year. Here is his answer to that. We have proven over and over again to be connected in a president ial Election Year taking controversial maria you see with going higher than before the election . Sure. It would be based on the data in based on our analysis. We are focused on the economy and how to best achieve our goal. Maria marty, when he focuses on the economy, he says in his part of the world, obviously said disco, it is booming. It is booming in the u. S. Because of said policy. They brought us back to full employment. Marty, you say the fed should be raising rates. What is the urgent need for almost four years now . Is barely growing. There are two reasons. Inflation is rising. If you look at cpi, which is what most people look at, the core cpi, Consumer Price index, take out energy of the 2. 1 relative to the year ago period so it is rising and rising faster as you would ask back. So you want to be ahead of the curve on that. The other thing is super low Interest Rate weve now had our right thing is stored in asset prices all across. One of the things that will be distorted if the dollar. We will see a much stronger dollar. Would he say to american manufacturers who get hurt by that . The dollar will move wherever the dollar moves. There will be gainers and losers in the process. American consumers will be gainers. There was then money buying manufactured products made in america. So why dont think we should allow that to distort what is really the risky situation in which very low Interest Rates are driving up commercial real estate and equity prices and other things. You adviser to jeb bush. Have you endorsed donald trump . Are you going to . I dont say me to endorse anybody at this point. Trump has set tax rates are likely to go well. Is that a republican . Insane tax plans will go down. After being negotiated with congress, david go up from his lower level. They say is going to lower taxes overall. With the bottom line is im not is pretty good. Maria what does the economy due under a Trump Presidency in your view given his economic plan . I dont think we know economic plan. My hope is that we will see cuts in the corporate rate, that we will see moving to a territorial system. Maria thats what he says. In the beginning of september 15 . 15 will be hard to get through congress. As he says hes a good negotiator and well see what comes out of the negotiation. Even if it came down from 35, even if it came down to 25, Alec Guinness in line with the rest of the industry world. Maria would that create euphoria . Would that be a growth catalyst . That is moving to a territorial system, meaning we will not penalize American Companies to earn profits abroad and right now could only bring it back by pegging against the tax rate of 35 . Maria real quick. I know youre just back from japan. Might have negative Interest Rates failed . They scared the japanese investors about hurting the japanese banks and insurance companies. They seemed like a desperate act on par of the central bank that has been promising 2 inflation year after year and not coming close. Maria marty, always a pleasure. Great insight as always. Still to come, credit crisis. Americas combined Credit Card Debt on top to trap 1 billion. What is driving this trend coming up. How one nba player avoids time off and the controversial kick. There it is. Back in a minute. Tokyostyle ramen noodles. Freshly made in the japanese tradition, each batch is small. Special. Unique. Every bowl blurring the line between food. And art. When you cook with incredible ingredients. You make incredible meals. Fresh ingredients. Stepbysteprecipes. Delivered to your door. Get your first two meals free blueapron. Com cook. Maria good Tuesday Morning welcome back i am maria bartiromo. It is tuesday, may 24, your top stories right now 7 30 on the east coast busy in campaign trail Washington State Holding Republican primary, we are two weeks away from california primary, and donald trump is hosting first frifr with rnc Hillary Clinton is declining to participate in the fox news debate, and she was target of trump and sanders latest attacks. I am only responding to what they do, they are theyve been nasty she has been very nasty, and i said i would like it to be on policy bill would i like it to be a straight right down the middle. The American People have serious doubts about somebody who takes millions from wall street, and then says, she will stand up to wall street. Maria credit card debate nearing record levels what it means for the consumer and economy coming up were star Draymond Green in game four after retroactively kick in game three now facing suspension will have to pay up for that move details ahead more weakness to tell you about in retail space best buy shares under pressure the Company Revenue missed expectancies, it is will naming a new chief Financial Officer best buy shares under pressure this morning, broad markets higher futures pointing to gains opening of trading take a look, Dow Jones Industrial average expected to open up about 60 points nearing the highs of the morning, are right now, in heels of strengthen and gains in europe. As they await results of Washington State primary the Trump Campaign is headed west setting sights on new Motor Vehicles cofox news is in al questionerkey this al questionerkey. Sites on new mexico keeping washington under consideration, the primary there, 44 delegation, up for grabs, we should point out, that at Washington State convention over weekend 40 of 41 elected delegates will be going to national convention, are actually supporters of ted cruz, so they will be bound to vote for whoever wins the primary today, new mexico 24 delegates up for grabs, two weeks from today, it is the last contest one of five including big state california donald trump, i believe, no question will win here in new mexico on june 7th, the general election, in about november though different story barack obama won here by 10 points, over mitt romney, in 2012, new mexico trending democratic certainly for at last several about cycles controversy surrounding Instagram Video donald trump posted concludes voices of Monica Lewandowski waunita broad wic cathyooen willy over pair of bill clinton rhyming people of inif i had del tees allegedly sexual assaults in 1980s 1990s a quick look at that ad. Very nervous. No woman should be subjected to it. It was an assault. He did i tried to pull away from him. [laughter] the democrats fighting back releasing a video of the democrats fighting back releasing a video of trump associate roger stone, saying that trump had actually contributed to a go fund me page that was to pay for coagulant with lien willies mortgage so she could go out on road during campaign to talk about bill clinton no response from Trump Campaign on that, it is clear tried to bring back memories of 1990s on bill oreilly last night trump said if he could by clinton on women he is going to hit right back. When she hits he i agent you have the have no choice you have to do it it is unfair. You know, dirty players been dirty players historically i have to fight back the way i have to fight back. Big question here in new mexico, maria, what will Governor Martinez do get hidden donald trump or not not coming to his event today, she has been rumored by some to be about potential running mate choice though we hear from people in the know, she is not being vetted for that position, so it is likely we can remove her name from the list. People want know if she will endorse regardless. Not immediately i wouldnt say. Interesting take, that she is basically not being vetted is what you are hearing, thank you, john roberts about in new mexico this morning next guest says president s Thomas Jennifer Abraham Lincoln bill clinton shared an portrait why partisan ship is necessary. Politicians and he gallontarians Hidden History of american politics shane with us president ial historian, for first on fox business interview, good to see you thank you very much for joining us. Great to be here. How does level of you partisan politics seeing compared to what useful been studying. It is an other things have happened before deep deep partisan divisions, look, when framers framed constitution of the United States, they didnt like Political Parties they felt Political Parties bad divide the country very quickly Political Parties arose were too big a country we have too many clashing interests, for there not to be some kind of focus for those for those divisions. And because we have a system, that allows for the first past the post to win, it is going to mean a third party going to be mar engine lived you have two parties fighting out two parties could listingings, could listings sometimes are strong, sometimes come apart as seeing in both parties today, but parties have also a been the focus. But dont you feel that you know, the fact that youve got all these different ideas, is that creates checks and balances so important wasnt that what founding faurz were trying to do make sure we had checks and balances . Place. Slul inside government itself when the parties win elections have people in government, then, the house the senate the congress checks presidency there are not so many checks and balances inside party systems, may arise out of parties themselves, so that is why you find things in state today things very we have had moments, when third parties emerged like fadralist party came and went we had that Inflection Point now with so many disruptions inside the Democratic Party and Republican Party. A good question it could be. Certainly parties are going to be changing, whether keep same names or not because if he hadralist disappeared all dough whig party disappeared you are fatigue fundamental breach finally prelz could end up for example if donald trump were to consolidate control of the Republican Party, it would be a very different Republican Party than Ronald Reagans Republican Party, like widest. Isnt that what happened with barack obama . Is not people might have thought i dont think it dont ended up being as much a thought of spores thought it was going demn farther you part you see in Sanders Campaign disappointment that brab wasnt kwievend president they wanted him to be. A third party coming out of this environment. We might i dont think it will last very long. Peggy noonan wrote a third party is forge. It would happen, out of the republican mix they never last, greatest historian said third parties like bees sting and then die. Are you telling Hillary Clinton time to be extra partisan. Extra partisan . Yes. I think that Hillary Clinton bb partisan i think that is. She has become extra partisan what is marked, distinct is the revolt against Political Class i completely agree that partisan is at foundation of a Silver Society no doubt about it but the revolt to get the Political Class would do you think about term limits to help prevent political questions getting entrenched. Two good i think we effectively by good professional. We have amateurs stay there year after year. Professionals, my point is my point is that, there are things as nonpartisan partisans. In other words, you say, i am running against you for example running against you i say is it problem with you you are a partisan. I am not partisan. It is totally partisan state. Exactly. Vr politician tries Thomas Jefferson master said he was republican running against federalist we are all federalists, now right except if my kind of republic frastist come with me trying to find a country all one party his party. Allow do you characterize bill clinton as a partisan he formed the democratic leadership counsel noun for moderate positions then he worked with republicans, to pass his agenda so that really wasnt generally partisan he kicked democrats to the side. Called being a good political leader. Went to the center also in second term. The Democratic Party in terrible shape, right in 1980s. Pretty well whooped by reagan, and it had to recover, and it split even going back to 70s, what clinton did was to reform to regroup the Democratic Party. He did a good job of it. That is what he that is what he set out to do so it is there are other changes not alled third parties not apocalyptic dramatic could be a change in a could listing i think that is what he did. Thanks so much, joining us there u. S. Credit card debate approaching levels not seen since height of the financial crisis, what would foundedings fairs say about that . Laura banks consider good news details. Cleveland cavs a huge deficit last night series tied we bring play by play, next. Maria welcome back america Credit Card Debt is now on pace to surpass one trillion dollars shy of alltime high reached in financial crisis in 2008, massive debt point toward increase in lending, with toll number u. S. Credit cards holders up 47 from 2010 joining us right now the president of mastercard north america greg good to see you thanks for joining us. Thank you. Are you concerned about a trends in debt lets face it debt in some ways makes the world go round but does this concern that you we are looking at a trlgends near high. Mastercard Payments Network dont issue cards dont lend to consumers, our Bank Partners do that as far as we see they are doing a very good job of managing consumers managing the credit, they are extending to consumers. We are in the business of of about enabling products that give Consumers Choice how they want to pay for things they might choose to pay later on a credit prurt me might want to pay now with a debit product there are things they pay for in advance prepaid product we are all about, enabling them to have that choice use products as broadly as they can importantly as safely. Have choice is really important in terms of pointing toward growth, Overall Economic growth but does it concern you when you see people borrowing a lot . I i dont necessarily see that as being a particular concern at this point. Okay. Again, were seeing, were seeing nice growth in spending activity were seeing good moderate but increasing levels of consumer expenditure, at rates that i think we would see as being relatively health. We are on set here talking all the time about zero Interest Rates, how low the fed has made outrights i Interest Rates bankrate. Com 12 Interest Rate on Credit Card Debt americans feel not getting good deals what do you say to people paying 12 interest on Credit Card Debt fed keeping rates down zero percent. Cant get rate on savings account. Earning nothing but paying 12 . Bring walk to the issue of choice how we are about enabling consumers to pay for things the way they want to pay the way they want to lead their lives important thing underpinning that we are focused on as organization, is about enabling them to do that knowing, that their payments their data their information is going to be able handled safely and securely, because that is a very significant concern among consumers we see it in consumers across the board every survey we conduct, would have the top things on peoples minds when it comes to financial servicers, and payments specifically, is safety and security. Mastercard investing a significant amount to help upgraded the safety and security in in our payments infrastructure. I want to talk about that does everybody have a chip on their card here. I do, i want to ask about the it is kind of a pain in the neck using it radio right now there is no rhyme or reason when stores accept it. Right. Where are you in the rollout of that. Were in were going through a migration process, so just to give you a little context this is a journey started four years ago planning preparation, across the industry collaborative effort against Payment Networks among banks acquireers merchants, to talk about how do we upgrade the security of our payments infrastructure were one of the last markets in the world to embrace this Technology Effective at reducing fraud associated with counterfeit cards, so we are working our way through that journey. How long are we talking about to get full we have made significant progress in getting cards into the the marketplace weve got roughly 70 of our cards have been reissued with a chip, were not quite as far along getti getting temperatures are a in in market 1. 4 million term nalz in the marketplace when we get to 60 of the cards we are already at, 60 of the term nalz we will have at this time a Tipping Point this market as or more secure. Why is chip saver. That is what i was going to ask. Chip is fantastic technology it is a computer chip on a card that generates a onetime use code when that chip goes in the terminal cant be counter fitted a magazine Magnetic Stripe old way lvlt easy technology to conceal skimmers on a terminal can hack in steel data if you steal Magnetic Stripe data you can create phony cards to conduct flaunt transactions with a chip you havent if you get data you cant use it so it is a very secure technology. Yeah, it looks that way, small and medium businesses are mostly previouslant. It is it is going to need to be across the board, weve seen really Good Progress in large mere chants implementing the terminalsmore than a million small merchants local merchants across the country. Good to have you on the show mastercard we will be right back. Brothers. Maria welcome back Lebron James Cavs undefeated in the playoffs before dropping their last two games, to the Toronto Raptors can king james save cavs highlights of the game sports heed lines 247 Sports Reporter jared max. How quickly things change times are a changing happy birthday bob dylan only four mornings ago we wondered if cavs would become the first team in a nba history to bring a 12 and 0 record to the finals, suddenly cavs no to even reach the final raptors trying for second straight win, the reverse, gives raptors 16point lead cleveland came back Fourth Quarter cavs down one lebron james takes it tul a way, 8887 cleveland, derosen makes an adjustment raptors back in front, but the cavaliers regained the lead a seesaw battle, still kyle would shake seasoning on cavs under two minutes toronto gets in control, offensive rebound tremendous for the raptors, late sinks the basket kyle scored more 35 raptors two separate tie the series, but get this 8 and 2 at home only 2 and 6 on the road this is where they will be tomorrow game five in cleveland series best of three. One of the most expensive kicks to the groin, in sports history. Only a fine not a suspension, for Draymond Green Golden State Warriors will have to cough up cough up 25,000 dollars, for trying to make oklahoma city, sound like mickey mouse green plays weres try to even two games apiece. Inflated about continuation of a certain nfl story it is back, update riots Quarterback Tom Brady had decline yesterday to appeal a decision, for last month by second ask it court of appeals reinstated four games suspension for deflategate his legal team filed a petition seeking rehearing from 13 member panel of judges opposed to three ruled on case last month ultimately, brady could bring his case to the supreme court, or find a way to taerply as you spend suspension seeking a stay of second court decision. New Jersey Trump National golf club yesterday a day to promote the 2017 u. S. Womens open, Orange County with donald trump after all at least when it comes to playing events on his kwours, last summer, the country cleeding Golf Organization issued a joint statement to distancing themselves from trump now saying all tournaments will go forward as expected. There you go. Thank you. Thank you jared max. Well be right back. Came out today thousands of people to run the race for retirement. So we asked them. Are you completely prepared for retirement . Okay, mostly prepared . Could you save 1 more of your income . It doesnt sound like much, but saving an additional 1 now, could make a big difference over time. Im going to be even better about saving. You can do it, it helps in the long run. Prudential bring your challenges i donor wonder whether i theshould seek treatment. C. I am ready. Because today theres harvoni. A revolutionary treatment for the most common type of chronic hepatitis c. Harvoni is proven to cure up to 99 of patients whove had no prior treatment. 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On the east coast should i beingup tsa, long lines at airports across the country costing one top firnl his job, weve got the latest developments breaking news right now, new details in egyptair crash, a senior egyptian official, telling the Associated Press, this morning, that human remains have been found, suggesting an explosion may have taken down that aircraft, a by these day on campaign trail Washington State Holding Republican primary, we are two weeks away from california primary, june 7, donald trump hosting his first frifr with rnc today trump and Bernie Sanders targeting Hillary Clinton in their latest attacks. I dont like doing that but i have no choice. Can when she hits me on things i just have no choice so you have to i will do it it is unfair. You know, dirty players they have been dirty players historically, i have to fight back the way i have to fight back. I dont want secretary clinton she is very [cheering and applauding]. Other we are going to win here google french headquarters raided what investigators are looking for straight ahead, and a caffeine kick nike teams up with starbucks caffeined sneakers details ahead hottest trend in Bars Liquor Stores hard soda. Markets mixed futures a higher opening for broader averages this that is high of the morning up 62 points on Dow Jones Industrial average the reasons why, here with me Fox Business Network dagen mcdowell, wall street chief economic correspondent jon his wrath. Mark serrano good show so far. Good show. Learned a lot me, too, a lot weve got a lineup. I want to hear you say aflac. Aflac. Ed renesy with us nevada congressman grant Interest Rate founder jim grant with us the host of varney ant company stie artist varney coming up dont miss a moment this hour top story that is the tsa, removing headed of Security Operations, as airport lines keep getting longer, blake burman in washington, d. C. , with the latest black. Reporter maria if you have stood in one absolutely miserable security lines, at airport recently, and thought to yourself that someone should be held responsible that indeed has happened former tsa head of security kelly hoggan was replaced yesterday, effective immediately, the top boss transportation security administration, announcing darby lajoye as his replacement, lajoye held sim roles at new york jfk Los Angeles International airport, a sudden spike in wait times sometimes, hours long, at arrangements security lines across the country, has become a phenomena tsa blamed surge in trouble combined a shortage of Security Officers due to budget cuts, tsa had Peter Neffenger announce more changes in a Department Wide letter among them chicago ohare responsible airport has seen, some of the worst waits a new team there, will oversee screening operations, and Incident Command Center established at tsa headquarters, neffenger writing having changes i am quoting here these adjustments will enable more focused leadership and screening praises critical airports, in the National Transportation system. The question for passengers boarding planes maria, and in days to come is already adjustments as necessarijer put it permanent solution or first step in a system that niedz much fixing. Lines look like a mess blake burman this morning weve got breaking news as well on search for egyptair flight 804 about according to the ap, a senior forensics official saying that recovered human remains that have been found suggest there was an explosion onboard, moments before the plane crashed into the ocean. Search teams continue to comb for clues search for black boxes all 66 people onboard killed airbnb bus 320 crashed into med sea thursday flying to paris to cairo keeping eye on story for developments we want to bring in campaign trail, Washington State is Holding Republican president ial primary today, with pumentive nominee donald trump expected to take the stage, 44 delegates, that will put him very close to the number he needs 1237, he needs to secure republican nomination as you can see at 1169 right now presumptive nominee set to hold First Campaign fundraiser with rnc in moou mexico requires 10,000 dollar minute donation on the other side Hillary Clinton turning down invitation for a fox news debate, with Bernie Sanders ahead of the california primary on june 7, Clinton Campaign issued a statement, and it says, quote we believe that Hillary Clintons time is best spent campaigning, and meeting directly with voters across california. And preparing for a general Election Campaign that will ensure the white house remains in democratic hands. Bernie sanders responded to the news saying he is not surprised he that clinton declined his invitation. All campaign, her campaign reached an agreement on a number of debates including one here in california in may. But i think i think it is a little bit insulting to the people of california [cheers and applause]. Joining us right now former mcdonalds usa ceo former edward renesy, thanks so much for joining us. Good morning, good to be here. We want to talk about business, and what you are seeing out there, as you look at the economic environment but also politics. What is your take on the economy, and on Consumer Spending going into this election . Well, this country of ours is in a lot of trouble. You know. You look at donald trump, in my opinion is thirdparty candidate, using the republican rules to get elected. He is speaking to American People particularly people looking for jobs Small Businesspeople were getting desperate out here in the real world you look at the nonsense going on with minimum wage, work rules, we need to pass an employee workers rights act, we need to make sure that employees are in a situation where rights are protected. All this nonsense of mcdonalds with minute wage work rules all about union dues it is about organizing, it is a theatre of protesters to capture votes for the Democratic Party absolute nonsense a sham, it is destroying middle class in this country. I this i this is really important point you are making because there are politicians that allow foreigners to get citizenship could become voters talk about that but you mentioned the the minimum wage issue, there are mcdonalds workers right now planning to protest tomorrow, they want that push for 15 dollar an hour minute wage this is and you know mcdonald doing so well, what is the implication of 15 dollar minute wage across the country . Minimum page. If it goes across the country you are going to see job loss you cant believe i was at National Restaurant show yesterday, and if you look at the robotic devices that are coming into the restaurant industry, it is cheaper to buy a 35,000 dollar robot than it is to hire an employee here inefficient making 15 dollars an hour bagging french fries it is nonsense it is very destructive inflationariry it is going to cause a job loss across the country like you are not going to believe. Maria . Dagen fight for 15 dollar minimum wage unions want to organize places like mcdonalds do you think that happens again because then unions can come in, and say hey we are promising you lower wages than federal minimum do you think it will happen . I who knows, the way our government is functioning today, you look at the National Labor Relations Board more irrational group of people i have seen functioning weve got unemployment in black community staggering young black men over 50 unemployment we are talking about a 15 dollar minute wage. Entry level jobs inflationary going to destroy jobs keep people on government dole be holding to government keep accomplished ruling class in place, it could happen who knows not good for the economy. I believe it if Hillary Clinton becomes president we could be looking at 12 dollar minimum page in classic clinic form found this middle ground taken, dont you think at 12 dollars it could be just as destructive to jobs particularly for teens, minorities . I dont think we ought to have a federal minimum page states out to decide based on cost of living in regions they are in, up dont need 15 dollar minimum wage in communities that have a standard of living substantially lower than new york city may be higher in new york. Criticized all the time lack of depth on stance of issues one guy said states ought to decide man and a woman minimum wage. He wants to see. Dagen they should not live on 7. 25 about i used to tell folks that worked for me, when they come in, as a dishwasher making minimum gage avert have a plan to make them ceos in 35 years, grow develop, get promoted, that is what we ought to be focused on how do we take these young people, and train them to be something more than what they are . They should not be minimum wageworkers their entire life that is wrong, look at tsa, we got uned mr. Veterans across the country, separate for jobs, those people have been trained in combat, in being dealing with with people, put them in charge of security for crying out allowed, hire these guys, hire these women get them to work, we are so screwed up in the way we are managing this country right now we ignore the objects correct solution, and find obscure trump is right the least he ran business. I want to come back to point with about robotics is this is going to be happening anyway are jobs in fast food restaurateurs going to be replaced next few years by robots. It is not just gonna be in fastfood business you know franchising is the best Business Model in the United States, it is the dependent on people that have low job skills that need to grow. Where he will if you cant get people to reasonable wage you are going to get machines to do the work, it is just common sense that is going to happen whether you like it or not and the more you push this it will just happen faster. So ed you agree then just to wrap in up you groo he the states should deal with whether you call it minimum wage or what were dealing with in terms of wages . Well, i think we ought to have a multifaceted, entry level worker a straight wage the states ought to manage this, because they know more what is going on in the ground than anybody, in washington, d. C. Right, because the people who are making minimum wage oftentimes are kids out of school during summer. Middle class kids. Dropouts. Yeah. Absolutely if you look if you look at the people in chicago, the young black people in chicago, the Graduation Rate from Public School system atrocious. It is horrible. And these kids have nothing to do they have no skill sets, the functionally illiterate cant add, subtract Business Community is teaching and training young people job skills it used to be military, now it is franchise organizations. Good to have you on Program Thanks for insights. He will with i am happy to be here any time. See you soon, sir, coming up move other cars ride sharing from from lyft allows customers to scheduled rides in advance how this could be a game ebb changer for the business nike inspiration from star buc for its latet snooeshg t sneaker, book inack in a moment. Ing with the questions you need answered to get your brand new business started. Were legalzoom and weve already partnered with over a million new Business Owners to do just that. Check us out today to see how you can become one of them. Legalzoom. Legal help is here. Honey, we do . We need to talk. I took the trash out. I know. And thank you so much for that. I think we should get a Medicare Supplement insurance plan. Right now . [ male announcer ] whether youre new to medicare or not, you may know it only covers about 80 of your part b medical expenses. Its up to you to pay the difference. So think about an aarp Medicare Supplement insurance plan, insured by unitedhealthcare Insurance Company. Like all standardized Medicare Supplement insurance plans, they help cover some of what medicare doesnt pay and could really save you in outofpocket medical costs. Call now. With a Medicare Supplement plan, youll be able to stay with your doctor. Oh, you know, i love that guy. Mmhmm. [ male announcer ] these types of plans let you visit any doctor or hospital that accepts medicare patients. And there are no networks. You do your pushups today . Prepare to be amazed. [ male announcer ] dont wait. Call today to request your free decision guide and find the aarp Medicare Supplement plan to go the distance with you. Maria breaking news he protests brussels belgium Violent Police saying as many as 60,000 demonstrate straighters have taken to streets to voice option to the government labor reforms, look at video you can see workers clashing with police, water cannons, teargas, todays protesters the first in what is expected a number of demonstrate straiksz next few months leading up to mass general strike, on june 24th, september 29th, and october 7th. French investigators raiding google headquarters Cheryl Casone with that, now. Cheryl maria it is happening, right now, reuters reporting googles Office Raided as part of inquirey over tax payments investigators inside office since this morning reportedly still there right now the company under fire from france for back taxes france taking 1. Billion dollars from google, google criticized for aggressive use of tax on mization in france not paying french taxes if that sounds familiar, Ridesharing Company lyft testing letting passengers book 24 hours in advance the Company Going to test new service in San Francisco, over the next few weeks going to open up to some other cities over the summer. Lyft wont charge tradition for early scheduling a direct competitor to uber. Starbucks, wear on your seat now, nike is out with the dunk low premium show has a brown canvass, white looks like coffee starting to milk, swish is white green lining the colors the logo, and soul inner lining green as well not that much money 100 bucks, so we will see if it takes off. Dagen all white tennis shoes look like that anyway because i spill coffee on seat anything white is going to have coffee. Latte why pay 100 bucks. They are going to look like that. 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Get ready, get ready maria welcome back Senate Minority leader harry reed to retire end of term leaving seat vacant first time in 30 years nevada congressman looks to turn set a to republican hands spent democratic katherine cortez, plans to give him a run for the money, first latina scenario congressman joe joins us with more, thanks for joining us. Good morning. So how you going to do it what is the appeal, to voters, to turn that seat around. As we traveled around state 17 counties talking to nevadaance one thing abundantly clear frustrated after 30 years barack obama 30 years reed they are ready for change we are bring abouting message with my background as a former Small Business owner, a physician, a veteran, Brigadier General in army reserve i have vision and experience necessary to bring them that change, my opponent just represent another 8 years of fail barack obama policies. Maria there i also the the woman thing, people might want to see a female latina, but let me ask you this because this whole speculation around donald trump there was worry when you know he was headed toward the mination, becoming presumptive nominee that his being the nominee would in fact mean that the republicans would lose seats in the house and senate do you worry about that . Look we have seen an excitement in nevada within the Republican Party. We saw record turnout at our caucus, this past february where the democrats saw a dip, recent convention wouldnt even without a hitch where is the Democratic Convention descended into chaos we are focused on our race in november bringing our message to all 17 counties letting nevada anz know i have best vision to be able to serve them in u. S. Senate. Dagen good to see you, Donald Trumps campaign and success that he saw in nevada, do you think are you seeing evidence that he is taking that to the National Stage . Well we certainly saw him generate a lot of enthusiasm within the state of nevada mentioned with the incredible turnout that we had in caucus we had more people turn out this year than we had in 2008, he 2012 combined seeing with numbers now rising, in national polls, we will have to wait and see what happens in noefb about november. Naefd. Good morning youve got a well organized Union Presence in nevada could be very, very tough in any race, any statewide race frankly to take them on how do you convince the Party Committees to spend money in your state, on your campaign . Well weve won a democratic leaning district in my congressional races three times, with increasing margins because we work very hard at getting out, spreading our message to people from all walks regardless of party regardless of ethnicity regardless of socioeconomic background it is that oneonone interaction that we are able to bring to people across nevada that will make us successful in november to be next u. S. Senator. Congressman, they say all politics is local one of the controversial issues in nevada is Yucca Mountain what to do with that as Nuclear Waste sight your position. Storing Nuclear Waste in hole in the ground 20th century solution to 21st Century Program we need to look past that convert yes, you canno mountain to something will yield economic benefits for the state bring 21st century answer how do we handle Nuclear Waste. You are with harry reed on that issue . I think we need to look at alternatives to other than long term underground storage. Congressman, there are other big names, at risk losing senate seats youve got obviously Marco Rubio Florida john mcchane arizona will democrats regain control of the senate in about november . How do you stop that . Well i think everyone of the senators that are currently run for reelection on republican side is doing a great job getting out to their voters, letting them know why they should be reelected, this is the primary republican pickup opportunity going into 2016 so my job is to preserve if not protect Senate Majority what we will do as we get around o to that let people know why i am best choice to represent them in the u. S. Senate. We will we watching thank you so much see you son, still to come a finger on trigger Federal Reserve on edge of raising rates this summer impact it could have on your decision to apply or sell a house blaming failure of entire Government Agency on one person . Stuart varney thinks tsa is up to his take coming up this hour, back in a moment. The heirloom tomato. When you cook with incredible ingredients. You make incredible meals. Fresh ingredients, stepbystep recipies, delivered to your door for less than nine dollars a meal. Get your first two meals free at blueapron. Com cook. Maria welcome back. Good to have you. Happy tuesday. Im maria bartiromo. It is 8 30 a. M. On the east coast. Shakeup at tsa. Long lines costing one top official his job. Who is to blame for the problems . Stuart varney weighs in. Busy day in the campaign trail. Washington state Holding Republican primary. Only two weeks away from the california primary. Rum Trump Holding his first fundraiser. Hillary clinton going after trumps economic policies. Trump economic policies are recipe for lower wages, fewer jobs and more debt. Trump says he is a multibillionaire. He lies every day. So probably he is broke. I dont know. Maria facebook making changes to its trending topics section. What the company says it is doing to combat allegations of bias. Imagine your favorite fizzy drinks like ginger ale and root beer with a boozey edge. Were looking trend at hard sodas. Were looking at highs of the morning. Futures taking off in the last few minutes. Were expecting a gain in opening of trading of 100 points on Dow Jones Industrial average. Right now we are seeing the market move higher at essential highs. Nasdaq and s p 500 also very strong right now. The latest data on new home sales coming out later this morning. That is out at 10 00 a. M. Eastern. The economists expect the market to rebound after three months of slowing sales. 532,000 new homes expectal expected compared to 511,000 in march. Even the uneven housing recovery bracing for a hurdle. The Federal Reserve on edge of raising Interest Rates this june, that could affect homebuyers and sellers during the summer season. Grant rate on searcher founder jim grant is here with us to talk more about that good to see you,. Hi, maria. Maria first kick us off on the your character significance where we are in the backdrop. Rate may go higher in june, september, october, yet the economy bounces along the bottom in some ways. How do you character is it. I think the economy is slogging along. There are any number of ways to look at things. Seems were more or less sleep walking. There is nothing like zest or dynamism one so often associated with americas economy. Maria so that in regard do i expect rates to go higher . No, i do not. I expect the Federal Reserve will not act. Think the fed wants to, it would love to normalize things but i think it has missed its chance. Missed its market. Maria this year no rate hike . I dont think so. I my opinion is no rate hike. Maria john. You jim, you spend a lot of times looking for distortions in markets particularly distortions caused by low rates. What are you seeing out there right now . I that there is bubbling trouble in credit. What we see is that people have stretched and strained to consume as theyve been accustomed to doing and that the trouble with stretching and straining without adequate income is that you go into debt. We see a lot of emerging debt troubles throughout the wholesale and retail economy. Where in the retail. Are you talking about, not credit cards, car loans in particular . Subprime auto loans for example is one glaring example. There are others. The trouble with, one of the troubles with ultralow rates they do two things. They accelerate consumption. Bring it forward in time. Also they defer problems because companies that with normal rate structure would be denied access to credit are able to borrow. Thereby perpetuate corporate lives might well in more dynamic economy be ended and thereby leaving space for newcomers. We think the consumption will continue to weaken owing to the burden of debt and that bankruptcies having been postponed through ultralow and abormally low rates will be piling up in the near future. Maria so what do you think comes out of these we have janet yellen speaking this friday. Got her back again monday with another speech and the fed meeting on june 16th. What should we focus on with the Federal Reserve or what specific metrics do you look at . One thing i noticed to my relief and amusement came out of the regional Federal Reserve banks, who said the fed might consider shutting up for a while. Maria right. My friend seth at the new york sun calls it the verbal dollar. The money talks and the fed talks and talks and talks and will not be quiet. So we listen to that regional fed president s. Things are looking fairly good. We think well move in june. The other says perhaps, perhaps not. Finally it comes to the chair herself who has the really who has the power and so we await her word but isnt this is a market economy . Arent Interest Rates prices and ought not prices to be discovered rather than administered . This is the great question. I wish the wall street journal john, would take this up. Maria wait a second to speak what you were just saying, San Francisco Federal Reserve president John Williams joined me on sunday, he basis said the u. S. Economy is booming. Listen to his answer when i asked him in fact we go into recession in 17. First of all economists are just not good forecasting recession as year off in the future. I see fundamentals very solid. I see growth continue to be good. As a fed well try to get the very smooth landing, bring the plane exactly on to the runway the best we can. I expect growth to be around 2 . I think risks of recession are pretty modest. Maria do you think well see recession in 2017 or 18 . I guess. This is ultralong businesses expansion as lethargic as it has been very longlived one. They say these expansions dont die of old age. To a degree they do pause of distortions introduced among other things. What will cause the 2017 recession . Too many sellers, not enough buyers . I dont know, john. Typically lack of enterprise. Lack of profitability. Excesses in debt. Shocks from stage left or stage right, not scripted. Maria jim what do you make of these negative Interest Rates . Negative Interest Rates in im negative on them. Maria youre negative on negative Interest Rates . I think theyre arithmetic absurdity. I think they are the, they are the manifestation of the conceit of the phd standard of monetary management. We have 700 economists, phd economists in the fed. They think up things like negative rates. Not just ours and ecb and bank of japans economists. As my friend jeff goodlatte. Phds, we need 701 or many fewer because they are not looking. Equivalent youre in a room with 700 people who always agree with you. You ask them, hey is this pimple noticeable. They go, no, no, it looks fine. To the outside world it is hideous. There are a bunch i never heard that analogy. Like they all agree with each other because it is group think. Dozens petitioned the fed i think last week for more diversity within the fed. They meant of thought . No. They meant diversity of race and gender and the like. Right. But skin deep diversity, we want people who think differently. The dynamic, the general dynamic stow costtic, the general equity model, bungling that, the intellectual framework by which the fed directs our monetary fortunes has been shown to be ineffective anticipating future which they say theyre in buys to doing. Maria they blew it in 15. It is true the fed manages federal funds rate and influences other rates and you know better than anyone the market trades on spreads, so the market determines rate on credit cards and auto loans. Exactly, john, they trade on spreads, when the wholesale, the basic wholesale rate is zero, there abouts the spreads are necessarily narrow. We have been in 35year or so bull market in bonds, meaning Interest Rates have fallen for the length of entire wall street careers. This is muscle memory. People project the recent past into the indefinite future. I think the fed does more than influence. Its a powerful force i think for distortion. Maria a number of candidates say theyre going to not renew or reappoint janet yellen s that a smart move . The. I dont think janet yellen the person is the problem. I think janet yellen the type is the problem. I think janet yellen john, you had fabulous scoop which you buried in the fourth or fifth paragraph four or five month ago, janet yellen when she goes to airport to a flight arrives hours, plural, because this woman is cautious and punctilious person. Apart from janet, represents the triumph of the professional economist managing central banking affairs. In the 50s they had few if any and it wasnt such a bad decade. Maria jim, great to have your insights as always. Appreciate it. Jim grant, grant Interest Rate observer. Will out offing a top security official help combat long lines at the a airport . After successful year in sales in 2015, hard soda business is shaping up to be a top competitor in brewing. Well talk to one of the leaders in the business. Keep it here on fox business. Well be right back. Welcome back to tennis channel French Open Court report for fox business. Im jonathan novak. Day two of roland garros, continued to dodge the showers and defending mens champion dodged a bullet in his opening match. Stan vervenk alisted the trophy last weekend heading into paris but the swiss star looked a little rusty as he edged past rossal in the deciding set. He moves on but barely. 10th seed chilic is out. The former u. S. Open was beaten in four sets in the biggest upset in the mens draw so far. Dont forget tennis channels extensive live coverage from paris hits the airedalely at 5 00 a. M. Eastern. Im jonathan novak. Maria welcome back. Were 45 minutes away from the opening bell for a tuesday. The market is expected to open higher. Just in the last 15 minutes weve seen this market take off. Were expecting dow industrials to open up 100 points. Couple other stocks, specific names on the move, facebook revamping procedures related to the trending topics section after internal investigation said it found no evidence of political bias however facebook will take measures to minimize the potential effects of individual opinions. Were watching jpmorgan cutting nearly 100 jobs, this time in its private Bank Business according to wall street journal this morning. Broadly speaking the market is expected to being higher this morning. Long lines at nations busiest airports, angering passengers, frustrating airlines t has cost one tsa official his job. Varney company host, city varney. Stu, your take on the shakeup at tsa . I am not keen on government. Thank goodness we dont get all the government were forced to pay for. When i see the government perform i always astonished how badly they perform in so many areas. This tsa story is classic example. Long lines at the airports. It is biggest story for a lot of people this coming summer and now we find that the chief of security at tsa kelly hogan, he has been reassigned, not fired. Reassigned. I see him as the fall guy as failure of government, failure of tsa to do its job in timely fashion. There is a lot of examples today about failure of government at that kind of level. John koskinen, the guy who runs the irs. He will not show up in congress for his impeachment hearing. Top guy at veterans administration, they dont count the lines in waiting time at disney so why should we at va . You have this constant drum beat of poor performance of government and it rankles a lot of people very much. Really gets to them. Maria i agree with you. Stuart, im curious what you feel about this youre starting to see 22 airports roughly that have private Companies Handling security. More calls for privatization of the tsa. But it was private before 9 11 and it was under president bush that it was nationalized. Where do you see it going . It was forced on president bush. I think they attached it to another bill going through congress so he pretty much had it was a parliamentary manuever and he was forced to sign it make it unionized and give it a lot of money. It is worth pointing out in the last budget goround the tsa got 100 million more from congress they actually asked for and now they say that they dont have the staff, they dont have overtime payments available. So thats why you have got the long lines. It just another failure of government at the ground floor level. I dont see why they cant be privatized. I think private is more efficient. I would like to see more of it, frankly, drawing again. Yeah. Stuart, dont you think though well see more examples of this in the coming months . With Something Like tsa lines, that affects people personally. That catches attention in the news. Cant be good for democrats and cant be good for Hillary Clinton, dont you agree with that . I agree with that. The performance of government is on trial so to speak especially next six months. Hillary is looks like following president s obamas example of all government, all the time. Answer from the left to todays problem is more government, more regulation, more fairness. I dont think that is worked very well for the last seven 1 2 years. I dont think it would work very well for the next four years. Im a free market, small government kind of guy. I realize you have got to have government, you got to. You cant abolish government. I also realize that the more government you get the worse it performs. Were in a class stick here. I just want more private enterprise. That is it what makes america tick. Maria for sure. By the way, stuart, how does cores kin men get away with not testifying from the irs . I dont know. I will have to ask judge napolitano. Maria unbelievable. Why isnt he subpoenaed to appear . Congress demand, get in here. You have got a problem, mr. , were impeaching you. Get in here. Maria unbelievable. I will have to ask the judge, i dont know the answer to your question. Maria well ask the judge on Varney Company. See you in 15 minutes. Well be watching, Varney Company begins every day at 9 00 a. M. Eastern. Join him at the top. Hour. Hard soda craze taking nation by storm. The success of alcoholic root beer. Back in a minute. V maria welcome back, soft drink consumption in 2015 fell to lowest level since 1998. Maybe because some americans are switching to stiffer soda. Not your fathers root beer, brought in 120 million in 2015. Some analysts predict that could double this year. We have a small town president , greg debo you brought in all the alcoholic root beers. Tell us about the trend. Are people switching from things like beer and wine to hard soda with alcohol . There is actually, when we look at our source of volume studies1 of our volume sources come from shifting brands. Interestingly enough within that 38 are wine drinkers, 28 are spirits drinkers. There are certainly migration of those not consuming beer moving over into our segment. Maria not your fathers root beer or grandfathers root beer anymore. Not at all. Not at all. Maria what is behind this graze. I think maria it is taking market share from beers and wines. Absolutely is. Consumers demand Something Different. Domestic beer has been in decline 15 straight years. Craft beer is on the rise. Consumers want Something Different for their palate. We give them just that. Maria what about pricing of it . Is that also competitive . What is the cost . It is premium priced. Very premium priced. We found if you put a product out there high in quality and delivers on expectation, really delivers against that value equation, consumers, at least to this point certainly shown willingness to pay premium for great product. Maria greg, you brought some drinks here. This is the root beer. You said the cream soda is not out yet. Vanilla cream ale will launch couple weeks. Maria that sounds good. It is absolutely delicious. Started with root beer and ginger ale. The ginger ale has done very well. It is number one selling ginger ale on this segment on dollars point of distribution. Maria this is the ginger ale. This is vanilla cream. Maria vanilla cream soda. How much alcoholis in the drinks . Root beer a 5. 9 avv. Maria how does that compare to beer . Craft beer is highfives, low six. Then you get weak beer 3. 2. You have a range of 3. 2 and up. This is right in line with other craft beers. Maria same thing in beginninger ale and cream soda . Ginger ale is 5. 9 and cream soda is lighter with 5. 1. Maria seems as you launch the products there is more competition . There is absolutely. We started this craze roughly about a year ago. Now there is north of 15 brands in this segment. No question the segment as a whole gained traction. We personally think that is benefit. Helps drive Consumer Awareness still surprisingly low it with this segment. Can get it if you want to buy in the stores. What about actual bars . Are bars serving it . You can get on premise or off premise, grocery drugs, cstores et cetera. Maria congrats for taking market share. Thanks for having me. Maria greg teebo. Thanks for joining us. [ male announcer ] Tora Bora Fallujah argonne khe sanh midway dak to normandy medina ridge the chosin reservoir these are places history will never forget but more important are the faces we will always remember. Honey, we do . We need to talk. I took the trash out. I know. And thank you so much for that. 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Get up move your feet get down big show tomorrow, dont forget to join us when we speak with those guests that you just thought and thoughts from our allstar panel. What was not covered much this week, Hillary Clinton declined on a fox news debate. I think that was a huge mistake on her part. She could have targeted trump and reached a new audience, toward the center in the general election. A huge mistake, she blew it. Maria because a lot of independents are probably going to be watching and havent made up their minds between Hillary Clinton and donald trump. And afraid of Bernie Sanders im looking forward to following the jobs report next week. Thats going to set the tone for the markets. Maria youre expecting her to say . I dont think theyre going to move in june, i dont think as tle enough evidence, but something for july. Maria dagen. Very hard for Hillary Clinton to move to the middle when Bernie Sanders is up in her face. And she leaves it to her husband, and that leaves it up for donald trump. Maria when she said im going to leave it to my husband, he goes now to do it, then she didnt know how to do it . And good at math . Don and thanks for joining us, Varney Company, stuart over to you. Stuart thank you very much indeed. Is anything off the table in this election . Are there any nogo areas . No, there are not. Good morning, everyone. Kathleen willy, juanita broderick, Monica Lewinsky, names and voices from bill clintons past now used in a trump ad against hillary. Nothing off limits. In response, hillary will have ads featuring trumps bankruptcies. The bernie versus hillary that goes on. She says no to a debate in california