Markets under pressure this morning to the tune of 100, 74 points lower, nasdaq is up 7 points. S p 501 just down a 500 just a point. House democrats passing Police Reform bill but not expected to make it to President Trumps desk. A bill bruised in the senate to allow autonomous zones as the president prepares to sign off on order to protect monuments. Unanimously passing sanctions in country in reaction to restrictions of hong kongs freedoms. 2020 race, new polls show joe biden leading in key battleground states. Mornings with maria is live right now. Maria Global Markets this morning. Cac quarante up 77 and dax index in germany 115 points. European central bank kristin lagard said the worst of the coronavirus is still behind him but concern of a second wave to come potentially. In ash overnight, markets were mixed, markets in china remain close for holiday. Asian economies head to worst quarter since 2008 in the financial crisis. Kospi was up 1 , and japan nikkei average up better than 1 . Some of the top stories we are watching this morning, the house of representatives passing a sweeping Police Reform bill yesterday curbing Excessive Force. The bill honors life of george floyd who died in Police Custody in minneapolis. The house is honoring his life and the lives of all killed by Police Brutality by saying never again. Maria the George Floyd Justice and policing act bans chokeholds and noknock warrants, eliminates qualified immunity that protects officers from lawsuits and increase reporting of police use of force. Bill stands little chance of becoming law with little hopes of passing in the senate. As the house prepares for final votes, democrats block gop resolution to condemn riots and oppose defunding the police, the amendment did not receive one democratic vote. President trump in an exclusive town hall with fox news sean hannity slammed seattle leaders for allowing protestors against Police Brutality and racism to occupy part of the citys downtown. Trump is saying enough is enough. We can stop it quickly and at some point in the not too distant future im going to do it and if they dont do something with seattle we are going to go in there. In all cases its democrats, its democratrun. Joe biden would have that be the whole country. Maria leaders of capitol hill occupied protest said their project is over and asked demonstrators to leave the area. The u. S. Set the new single day record for coronavirus cases, more than 39,000 covid19 cases are reported in the United States yesterday alone. It is the highest singleday count of the entire pandemic, surpasses the previous record by more than 3,000 cases, 2. 4 million americans have tested positive for coronavirus but the cdc warning that the outbreak may have infected more americans than previously thought. Robert redfield says the virus causes asymptomatic infection that we recognize about 10 . Texas has paused reopening plans. And the Trump Administration urging the Supreme Court to overturn the Affordable Care act overnight. The department of justice argues that because congress eliminated the individual mandate, entire law should be struck down. Nancy pelosi calling enactive unfathomable cruelty. The u. S. Is ramping up pressure on beijing. The Senate Unanimously passed a bill that would slap sanctions on people and Companies Backing chinas effort to restrict autonomy in hong kong. Beijing must know that its actions have consequences. This resolution today makes clear that that will be the case and that is why so many in hong kong are so eager to see it pass and why beijing is so hopeful that it will fail. What the government of china is doing in hong kong is unacceptable. They are taking away the rights of the people in hong kong. They are stuffing out the freedoms that exist there right now. Maria joining me right now is the founder of the atlas organization, author of the book chinas vision of victory, jonathan ward. Fox business Dagen Mcdowell, wealth adviser alli mccartney and gianno caldwell. Thank you very much being here. Great to be here. Maria a lot to talk about, jonathan ward, 20 Chinese Companies including Technology Giant hauwei that says are backed by the chinese military, this includes Surveillance Firm hike vision, aircraft manufacturer Aviation Industry corporate china, whats your take on the pentagon naming the 20 companies right here and by the way, some of the companies are the same companies that the mic index are invested in. Many u. S. And Global Investors invest in companies despite they are helping the chinese military. Thats right, maria, its a very important step. Much bigger reckoning with u. S. National security and when you have Companies Back bid the backed by the military and designated chinese affiliated. Youre talking about companies that are in direct joint ventures with American Companies. Largest china air aerospace and fidelity. This is a big issue. The entire intertwining, this is all going to change. Companies and investors have to reassess their exposure to this problem. At end of the day, a list like this shows you where the u. S. Economic tool kit can be applied and specifically here this is about the International Emergency economic powers act which president with significant powers with the entities, economic entities in adversary state. People have to look at this maria jonathan, youve talked a lot about global corporations. American Companies Really looking toward making money in china versus the National Security risk. The ag told me the same thing last week when i interviewed the attorney general bill barr he said part of the problem here in terms of china being able to get away with all of this stuff is because American Companies are looking for shortterm profit to get a foothold into china and sell to 1. 4 billion people and they are ignoring the longterm National Security risks for the country. He said we are not speaking german today because back in 1945 did not see it that way. This is not what American Companies are seeing it today. How do you think American Companies see it and do you think all of the news is last year is resinating with companies to understand better the National Security risk . I think people are starting too. You are starting to see people rethink supply chains. Thats very important. You will need to have new supply chain. If youre too based in china that will be a problem for you. They still themselves as having longterm prospects and thats not a good bet for 2020. You do not want to be a ceo maria yeah. At some point your shareholders have to be looking at this too and understand that u. S. And china are head intoed the toughest contest. This is an adversary state. We will be putting economic pressure and our companies will be caught in the cross hairs of that. The ones that have a strategy to get around maria we will get to a couple more things because the other thing that we broke during ag interview that during Senate Briefing 2 weeks ago the idea had come up with the u. S. Would invest or buy a stake in either ericsson and nokia to get behind someone other hand hauwei and your Telecom Company is looking to take 6 million stake in hardware maker to compete with hauwei. Hauwei has back door where is the data goes back to communist party. Jonathan hauwei is the tip of the iceberg. You talk about companies that most people have never heard of. Nearly as Many Companies as we do in the fortune global 500 and a whole lot of those are in the list released by the pentagon. Youre talk about distance of community and National Security community that has to understand that the more you have chinese economic growth, technological power, you know, the bigger interNational Security problems. Ultimately we are headed towards an economic commitment policy and a list like this is a clear indication of where its going to be. Ultimately maria yeah. Meanwhile jonathan they are used to threaten neighbors. They already killed indian soldiers. Maria this is exactly whats happening. We have the rising tensions between china and india, soldiers are dead today, reuter reported that china built new structures near himalayan border, jonathan, amid the clashes where 20 soldiers have been killed but, yeah, during the whole covid19 pandemic what did china do . The communist party try to take more territory by invading india. Jonathan right, cyberattacking australia and waging nasty propaganda war against the United States. Maria good point. Jonathan they are losing their relationships with america and india, thats not going away. This is not going to get better. People talk about reaching the lowest point in u. S. China relations in 30 years but when you look at a place like india, this is a turning point for the country. They now see china as a problem for decades to come. Youre talking about Chinese Companies and indian market and they will lose the markets. So, you know, ceos, boards, Institutional Investors have all to start looking tat world very differently now. Maria sir, we will keep watching. Jonathan ward. We will be keep watching. Stay with us, we will be right back. Maria welcome back, the fight against coronavirus, new cases in the United States hitting a singleday record as states across the country move forward with reopenings and the testing ramps up. The cdc has warned nearly 25 million americans could have contracted the coronavirus and didnt know they had it. The cdc adding new symptoms to ongoing list of covid19. Run any nose, congestion, nauseousness and diarrhea. Thank you for joining us marty makary. To what do you attribute it . The things dont happen overnight and they have been baking 4 to 5 weeks and what we have seen response staggered and halfhazard approach. This is serious, real increase in hospitalizations not just as function of more testing. Maria do you think you are going to see a change in terms of the reopening plans, texas put reopening plans on hold, the state is seeing spike in coronavirus cases, Governor Greg Abbott moving to halt elective surgeries in hospitals in the states largest metro areas to help contain the spread. Well, if you think about the states what constitutes sorry, what constitutes as elective surgery and could that put patients at risk . Doctor the states that announced the measures and the states with highest hospitalizations never met the reopening criteria be the federal government, they never met the 14day average, over 14 days in decrease in hospitalizations and decrease in total cases, they never met in criteria and went ahead and reopened in staggered almost halfhazard fashion and overly eager and you cannot be reactionary in the coronavirus. You saw in new york the actions were taken on march 22nd, 3 weeks later the second week of april, you started to see the impact of that. You cant simply react that quickly, so youre seeing it scramble and right now in texas it may not make sense. You can actually get piercing at a piercing parlor but you cant get a hip replacement. So elective surgery not all elective surgery is equal. Maria theres also a new warning for pregnant women, cdc adding pregnant women to list of those high risk of covid19. The agency finds pregnant women make up about 9 of all cases in adult women. Your reaction . Doctor well, i did see the study that that recommendation in part was based on and it was really not a sound study. It compared those with covid who were pregnant versus women with covid who were not pregnant and they found more hospitalizations among those who were pregnant, but pregnant women will have more hospitalizations for other noncovid reasons, so the study didnt have a good design. The American Academy of Breast Feeding medicine and many other organizations including w. H. O. And cdc have even said that if you have covid as a woman with a new infant to continue to breast feed, so the concern is really needs to be considered in light of those findings. Maria i see, thank you so much, dr. Marty makary. Thank you. Plus disney makes iconic rides, we will go inside the controversy at disney, one sports team in oklahoma refusing to play the national anthem. Details next. vo at audi, we design cars that exhilarate with versatility, whether on the track, or the everyday drive. Today, that philosophy extends to how we connect with you. We call it, audi at your door. Whether a remote test drive, shopping, tradein, or even service pickup, audi at your door can do this and more at participating dealers. The premium audi dealership experience, on your terms. Audi at your door. We could never do what they do. But what we can do it be a partner that never quits. Verizon is the most Reliable Network in america. Built for interoperability and puts First Responders first, giving their calls priority, 24 7. We do what we do best so they can too. Maria welcome back, america adapting a semiprofessional soccer team in tulsa, oklahoma will no longer play the star spangled banner before games claiming it clashes with the organizations values. The team will instead play this land is your land before all home matches and comes as disney announcing redesign of slash mountain ride giving ties to movie with racial stereotypes. It will be remodeled to start the characters of the 2009 film princess and frog featuring first black princess. Dagen mcdowell your reaction . Dagen i havent been on splash mountain in 30, maybe even 40 years. I didnt realize that there were any references to the movie song of the south still on that ride and it surprises me that disney didnt change this sooner. That movie was offensive when it came out in the mid1940s, it is full of racial stereotypes and ive never even seen the thing but im surprised disney waited that long, they already made changes to pirates of the caribbean. This is a little bit surprising that they werent on top of this sooner. In terms of the tulsa soccer team this land is your land, this is a publicity stunt, they are doing it for attention and they picked a song, Woody Guthrie stole the music from the Carter Family down in virginia. This is a gospel song when the world is on fire, so they are backing the theft of music from a family. Way to go, tulsa soccer team . Maria but also to forego the national anthem. Dagen they are doing it for a stunt. Many people say that Woody Guthrie wrote the song in response to god bless america. Some people called it a marxist response to god bless america. Again, we are talking about it and thats exactly what they wanted, but the music was stolen. I just want to say Carter Family from virginia, the music was stolen from them. Maria good, got to call it out. Gianno. Its always hard to come behind dagen because she has splendid points. As African American in the panel its exciting to see changes in the country. Things happening over course of decades and year over year that we need to see changes. Dagen mentioned what happened with splash mountain which i had no idea, however, theres a lot of individuals, companies and people who are looking to you serve the idea of less to be putting in clear view, whats true and whats not. Theres a lot of history going on, people tearing down statutes of jesus, saying white supremacy, makes no sense to me. People need to pump the brakes and have discussion about whats right and wrong in the company and not use as publicity stunt as Many Companies have been doing. Maria i agree 100 with you, gianno. House passing Police Reform bill, one lawmaker will weigh in on that when we come back. Stay with us. Maria welcome back, good friday morning, thank you very much for joining us. Im maria bartiromo, it is friday june 26th, take a look at markets 6 30 a. M. On the east coast. We are looking at mixed story, dow industrials down 147 points, nasdaq up 18 and s p 500 is up 3 and a quarter, investors weighing another record rise in coronavirus cases and new restrictions on share buybacks and dividends for big banks after the stress tests we told you about yesterday. Futures this morning are mixed. Yesterdays markets climbed to close in the green led by big banks. Dow industrials up 300 points, better than 1 . The s p up 33 points at 4 00 oclock on wall street yesterday. Global market this is morning, it is green across the board in europe, European CentralBank Contract kristin lagard said the worst of the coronavirus is probably behind the euro zone, however, she is still sounding off concerns over possibility of a second wave to come. Ftse 100 up 95. Cac quarante 78 and dax index up 131. In asia overnight, markets remain close for holiday. The others as you see up 1 , hang seng in hong kong down about 1 . Well, super market operator albertsons with Public Offering below expectations. Cheryl albertson 50 mill