Welcome back thanks very much for joining us this morning. I am maria bartiromo. It is friday, august 11, at 8 00 a. M. On the button on the east coast more questions surrounding thenvice president joe bidens controversial 2015 trip to ukraine. A newly surfaced is toh shows joe biden on air force two briefed by advisory who was apparently in connection with both hunter biden, and his burisma associates, this happening right before biden threatened to withhold one billion dollars in u. S. Money, if they did not fire the o prosecutor general Viktor Shokin investigating burisma. Even massachusetts senator Elizabeth Warren is asking questions expressing deterrence about hunter biden business transactions. I always worry about the influence peddlers in washington regardless of Party Affiliation we got to shut down the door he thickens rules that apply to everyone. She would not specifically address joe bidenp House OversightCommittee Chairmen james comer joined this program yesterday i asked if he would take action if biden family refuses to cooperate with his probe, watch. Are you going to subpoena hunter biden. We are going to subpoena the family i mean we are putting the case together to win in court, obviously, with all the opposition obstruction we are getting from biden attorneys now, we know that this is going to ends up in court when we subpoena the bidens we are putting together a case i think weve done that very well, i wish the media would ask the president what exactly did your family do to receive this 41 Million Dollars at House Oversight subcommittee has proven he continues to say anyways not true we have the bank records maria bank records dont lie gentleman joining me wisconsin senator ron johnson member of the Senate Homeland security onto these Ranking Member of Senate Permanent subcommittee on investigations, he was among the first senator to open up this inquiry, into biden family influence peddling. And senator, good to see you youve been working on this a long time. Your thoughts on these bank records . And 176 suspicious activity reports would suggest joe biden has been taking, hunter biden have been taking money in from foreigners for years. Good morning, maria. We have known this. Senator grassley and i laid out west, entanglements in our report september 2020 media ignored our report, our Ranking Members, by the way, democrats, colleagues during our investigation, accused of us of his veritating, his veritating dissemfaith if aing russian disinformation i wish senator warren would have prodded them to help us in our investigation we cognitive unkorred more in 2020 when person people have might have made fully aware of the fact joe biden highly compromised as president they didnt do that. Ins instead sabtaijd. House members want an inquiry into impeachment for joe biden, what happens if it happens and comes to the senate does it die in the senate . Well hopefully, impeachment inquiry would give the house greater powers of access and information, the problem we always have, certainly senator grassley and i had doing our investigation, is you go to the Justice Department you go to fbi, and they say well you know we would love to cooperate but we have an active investigation that was 2 way they were able to insulate from scrutiny that expert at doing that. You need documents you need information before we sit down question and depose witnesses others they try to skirt around all your questions, so you need that documented evidence to complete investigations very difficult when administration holds all cards we know we have leftist partisans in Law Enforcement agencies, with bidens. It is a good point in the middle of information, from the witness testimony to the bank records to the suspicious activity reports, weve got the doj attacking donald trump, special counsel jack submitting proposing former president 2020 election trial start on january 2 next year, that is just a few weeks before the iowa caucus, it is a month before the nevada and South Carolina primary, yeah. I i mean jack smith wants trump on trial, while his competitors are campaigning. This is third election, in a row, that federal Law Enforcement will be interfering in our president ial election ex, in 2016, 2020 quite hoejsly did it in my 2022 Reelection Campaign in wisconsin now doing it again in 2024, media is corrupt complicit in this i know a report, by abc news, where they are basically downplaying, all the information the new tell a james comer is revealing say covered in senator gratly, senator johnson report september 20, downplaying saying old news weve known all this, of course, in Public Domain 2020 bidens werent prosecuted must be nothing there game plan of the media to continue to downplay the severity corruption how they try to move on maria what are you going to do about it . Have what with a can you do about it the censorship does not stop there. I mean, they are in the white house, creating their i narratives, and running with it whether it has to do with trump, whether it has to do with biden, and the money taken in, whether it has to do with covid. We learned this morning, that the fda is saying it is okay to take ivermectin if you have covid, i mean senator i remember, talking with you, repeatedly during covid, about your upset that they are trying to cancel you because you were talking to doctors, to try to find out the right way to treat covid, without having to get to a many boosters i took ivermectin it was hard because officially the pharmacist wanted to report my doctor didnt want i had to like, it was hard to find my doctor, to finally you know, address this, and prescribe ivermectin he did my covid was gone in a day when i took ivermectin, three years later fda says that is fine take ivermectin. What . You know doctors i have been dealing with talking to for years now, they may believe, hundreds thousands americans lost lives denied treatment because fda sabtaumgd it did save many, many lives people did have doctors with courage to and compassion treat patients using it putting at risk medical license we do have reports like yourself all people have courage to report truth against the mainstream media, narrative, that is the only way this is solved we need to truth to be exposed, we need more americans to listen to the truth. To be exposed to truth open eyes understand what has happened in this country we are going down a very dangerous path, but a path being laid out and planned by weak group of people, that wanted to take total control over our lives what they are doing bit by bit, increasing massive Government Spending increasing size of government, take over the, amendments coming out voted on 2024, frightening, they really risk taking away all sovereignty, people have to wake up awaken to endangers of the moment. Government working with social media to amplify lies suppress truth doing so repeatedly we saw the facebook story the twitter files, all of the all the way government officials from the cdc, fbi, you know cia a thousands people according to are the reports working on twitter files worked with social media to amplify lies suppress truth, why couldnt American People know that, you know, there were other alternatives to treat covid why cant American People know there were side effects with the vaccine . This is all preplanned. By elite group of people that is what i am talking about, occurred in late 2019 prior to knowing about pandemic. Again this is very concerning in terms of what is happening what continues to be planned for our loss of freedom. Maria umhmm. It needs to be exposed but unfortunate, very few people even in Congress Take a look at this they push the vaccine they dont want to be made aware of the fact that vaccines might have caused death, so many people simply dont want to admit they were wrong going to be to make sure not proven wrong, we have to get a paw full group of people. Allowed invent the room on social media cancel people attack you trying to search for truth some get scared dont want to deal with this kind of scrutiny let me move to Foreign Policy another mess u. S. Reportedly reached deal with irain to release iranian americans held hostage in freeze nearly six billion dollars in iranian assets release a handful iranian nationals serving prison sentences what is your take to give unleash six billion dollars to the leading sponsor of terrorism, iran. Going to result in exactly what you think it would result in more hostage taking. Again we want to see hostages free but this is not the way to do it you are going to encourage the taking of more hostages i mean pretty oshgs happening with iran under Obama AdministrationBiden Administration they keep pumping in billions of dollars into larger of the state sponsor of terror only thing it has tone in terms of iranian behavior made it worse has not made iran behave better simply doesnt work, do you achieve peat through strength what biden has done every policy in his administration has weakened america the open borders war on fossil fuel record gasoline prices, 40year high inflation, embarrassing dangerous surrender in afghanistan, all he emboldened our enemy if you set out to plan how to weaken america you couldnt have come up with better game plan than what Biden Administration completed makes me wondered we are o wong if president is compromised, senator grassley and i tried to warn america you have a president we sea transfers of wealth between his family members, and china, russia, ukraine, kazakhstan, you know, those are real things that was verified there was nothing in report ever proven untrue including, joe biden setting up a meeting between hunter biden and amos to talk about situation in iran we approved joe biden had been lying to american pub approved september 20 all called russian disings information, sound familiar . Russia, russia, russia, china eating our lunch, senator thank you. We will keep a spotlight on that senator ron johnson this morning in wisconsin, thank you, sir. Quick break. And we are continuing our coverage of inflation, on the other side of this morning mornings with maria is live right now. What if you could make analyzing a big banks data. No big deal . Go on. Well, what if you partner with ibm and red hat, use a hybrid Cloud Solution to connect data across clouds, then analyze all that data with watson. Okay, but this needs to meet our. Security standards . Yup. Compliance standards . Mmhmm. So they get the insights they need. Yup. In real time. Check. To make quick decisions . Check. Aaaand check. Thats the solution ibm and a global bank created. What will you create . Ibm. Lets create. More shopping . You should watch your spending honey. Im saving with liberty mutual, mom. They customize your Car Insurance so you only pay for what you need. Check it out, you could save 700 dollars just by switching. Ooooh, ill look into that. Let me put a reminder on my phone. Save 700 dollars. Pick up dad from airport . Ohhhhhh. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Providing for your family is a top priority. But what happens when you need Affordable Health care . Christian Health Care Ministries could save you up to 40 today. As a member, you can choose your provider without network restrictions. Sign up at your convenience with our anytime enrollment. Join a Christian Community that supports each others medical expenses, offering peace of mind as you prioritize whats most important. Enroll now at your chm dot org. Maria a. Maria maria welcome back, as we have been reporting, the lt. Governor mass is asking residents in her state to open their doors, and take in a migrant family governor of declared a state of emergency earlier this week i asked Texas Department of public lieutenant olivarez about this. Texas has bussed over 30,000 to sanctuary steez we we in a week in texas illegal borrowed crossings sanctuary cities, need to watch for be carefully essentially, at doorstep. Krysia this is an issue for states across the country i want you to hear, what the lt. Governor told the people of the state this week, watch this. If you have an extra too many or suite in where our home please consider hosting a family. Safe housing and shefrlt is our most pressing need become a sponsors family. It is all very nice, krysia but is it realistic. Certainly not to have you love how democrats sanitize language saying lend a helping hand take in a migrant basically as if you are bringing in a Foreign Exchange student but we know the people coming into your home could be a Chinese Nationalist terrorist a member of a carter lovely how they frame this issue lend a helping hand i would like leaders of the democratrun citiess to be first to take in these migrants, clearly they are not doing so i have yet to see someone in office, take in a migrant and talk about it. But you have to know it is pretty bad when the governor of massachusetts, eric adams, the mayor chicago saying that you are in a crisis this particular moment in time just getting worse, even in new york weve seen Roosevelt Hotel become overrun with migrants now we are again opening up a shelter on randalls island, we closed it drones shown ready to go the crisis is not solved by people quartering mooifgz in their home. Maria i mean we dont know if lt. Governor has an extra room we dont know if hosted a migrant family but, you know, when russia first invaded ukraine, ryan, that has what is poland took in, they needed help that is completely different story, these are people coming into texas we just heard ol varis tell us 7,000 to 8,000 a day some people have been on the terrorist watch list some of those people coming from 150 countries, some of those people are Drug Cartel Members how do you know whose who to open your room host family. You dont here in new york it is real i live in Greenwich Village close to where you went to school you see problem the amount of people sleeping on street when you walk out i walk out in the morning i walk over a woman literally smoking narcotics every wondering not saying i wouldnt want to take her in but it is a horrible situation doesnt help anybody to your point what is coming across the border with fentanyl you see people on drugs like youve never seen before they are screaming you outside a real thing a big problem that needs to be addressed asap in new york city i can tell that you. Maria you are saying it is real in new york, ryan if it became real for you in new york stepping over this woman smoking crack or whatever it is real for everybody it is real in every city every state because they are dealing with this massive over population of foreigners, extraordinary krysia final comments i thank you for being on ho so that thank you so much for having me again, it is real for everyone every city every state is a border city and state the blame game needs to stop i mean we have, democrat leaders pointing fingers at governor abbottor desantis it is joe biden he needs to it is a derelictions of duty of his administration that is the problem there come back soon brian you are with us as we break ppi coming up allhandsondeck for inflation data at hand. Well be right back. My relationship with my credit cards wasnt good. I got into debt in college and, no matter how much i paid, it followed me everywhere. Between the high interest, the fees. I felt trapped. So i broke up with my Credit Card Debt and consolidated it into a lowrate personal loan from sofi. I finally feel like a grownup. Break up with bad Credit Card Debt. Get a personal loan with low fixed rates. Borrow up to 100k. And no fees required. Go to sofi. Com to view your rate. Sofi. Get your money right. upbeat music constant contacts advanced automation lets you send the right message at the right time, every time. constant contact. Helping the small stand tall. Maria welcome back, moves in markets ahead of the july Producer Price index out in about 4 minutes take a look dow industrials down 5, nasdaq down 26 s p lower by 3 1 2 now the expectations for Producer Price index going to be out in 3 1 2 minutes expectations are for a gain monthovermonth 2 10 of a percent a gain yearoveryear 7 10 of a percent irron ides macroeconomics plaining partner barry knapp so happy youre with us to access inflation what are you expecting how would you characterize the inflation story of today . Well, the street is 2 10 for all monthly changes, headlines, core then trade services the trend has been really story cpi even more favorable, the question is is that enough . And the context that i would put all this in is the yield curve. We have often said yield curve can either signal a recession or cause a recession. Weve only had yield curve this deeply inverted, three times in postworld war ii, quite frankly u. S. History ever it was october of 73 summer of 79, summer of 80, that deep invehicle, was followed by very deep of recession i am not forecasting that i do think there is a way out of this but only one really viable you know favorable way out of that which is inflation comes down, and fed cuts rates in response to inflation coming down, so, step back think why is that deep yield curve a problem . A, it destroys bank profitability, just think about the way banks operate, if threemonth bills way above you know 10year treasurys, longer term treasurys cant operate, core at why moodys downgraded regional banks puts members on watch, so, that is what have i been ascribing unstable equilibrium, the best way out of this the fed cuts rates in response to lower inflation.