Skip to main content

tv   Mornings With Maria Bartiromo  FOX Business  May 14, 2024 7:00am-8:00am EDT

7:00 am
while i am a paid actor, and this is not a real company, there is no way to fake how upwork can help your business. upwork is half the cost of our old recruiter and they have top-tier talent and everything from pr to project management because this is how we work now. (♪) (♪) (♪) (♪)
7:01 am
maria: welcome back. good tuesday morning everybody. thanks very much for joining us this morning. i'm maria bartiromo. i hope you're having good ties morning, it's 7:00 a.m. on the button on the east coast. time for the hot topic of the hour. former president trump will return to court for day of his so called hush money trial. lydia hu is live from new york's supreme court with the latest. lydia, good morning to you. >> reporter: good morning. it is the second day of testimony from the prosecution's star witness, one time lawyer for the pfor the president and , michael cohen. we heard testimony about the alleged scheme to influence the 2016 election, michael cohen told him trump told him to delay payments to stormy daniels as long as he could, aiming for after the election. but when payments were needed cohen said he wired $130,000
7:02 am
from his home equity line of credit to hide the payment from cohen's own wife. cohen says trump and allen wiselburg disguised payments. the cross examination will directly question cohen's credibility. cohen is a convicted felon, admitted to lying under oath. he served prison time in part for dealings with stormy daniels. he's also built a career off attacking trump with pod casts and books. donald trump's son, eric trump, responded yesterday. >> this guy's a convicted felon, lost his law license, went down the tubes because he was defrauding apparently financial institutions. he testified today that his whole intent of being personal attorney to the united states was to try to monetize it for
7:03 am
self-serving purposes. >> reporter: and maria, we got a bombshell revelation yesterday when cohen admitted to secretly taping donald trump in a meeting where it sounds like they're discussing payments to playboy model karen mcy mcdougal for her writes. they wanted he reassurances that trump would repay $150,000 for the story rights, so secretly tapings his own client, donald trump, is how michael cohen got those assurances. trump is limited about what he can say about the proceedings and about michael cohen's testimony because he remains under a gag order under the threat of possible jail time with future violations but supporters of the former president have been attending the trial and speaking what they think about these proceedings. yesterday we saw republican lawmakers outside of the court and today we expect vivek ramaswamy to attend court along
7:04 am
with donald trump. those proceedings kick off at 9:30 this morning. we'll continue to bring you the latest. maria: lydia, thanks very much. lydia hu. this has been incredible to watch. lee carter, your reaction and the reaction of normal ordinary voters has been to support trump. >> you know, it's fascinating to watch. when you look at the mainstream media and their reactions to every single day in court they're sitting there saying this is the bombshell, this is the moment, trump's going down and yet trump continues to surge in the polls and there's a huge number of americans that actually question the case. they say this is -- more than half of americans say this is politically motivated, two-thirds of americans don't think there is a crime here and yet 40% of americans are expecting him to be convicted of something. there's such a disconnect in all of this and i think eric trump is right, a lot of the
7:05 am
surrogates that are out there speaking on donald trump's behalf are saying what a lot of americans feel. how are we supposed to trust this guy, michael cohen? you know, he is a criminal. he has lied. he admitted he lied to his wife. he recorded his client which is practice you're not allowed to do. in every way, this guy is a sleaze bag, yet people are hanging their hat on what he's got say and i think a lot of people have had enough of it and say it's completely unfair. maria: especially since there are suggestions there was real coordination from joe biden's doj. michael coangelo was the number three person at the doj, he decides to work for alvin bragg before this starts, fani willis and tish james in new york meeting with white house counsel before all of this according to
7:06 am
john ratcliffe. if there's conspiracy and coordination in biden's doj to take down trump which is biden's opponent, that is obviously election interference. >> well, it's politically motivated for sure. alvin bragg made that clear a long time ago which many are questioning why he decided to bring this trial in the first place because it was politically motivated for himself to go after donald trump but as far as what lydia was talking about with that recording, the quote, unquote, bombshell, greg jarett did a great recap, our own fox news' greg jarett of what happened yesterday. he said look, that backfired on the prosecutors yesterday in court. he said because that -- when it was played in court it helped, not hurt the defense. he refers to payments made to kill a story. that's not a crime. trump appears somewhat in the dark according to the financing. cohen said i'll take care of everything. jarett makes the point, where's
7:07 am
the original fraud that forms the basis for 34 misdemeanor charges. maria: that's the thing. >> if he can't prove this, this is all for nothing, maria, except for trump's poll numbers which have gone up. maria: you've got actual criminals running around in new york who are getting processed and then getting let out back on the street again. and regular voters, regular people are aware of that as well. steve bucemi gets punched in te face by a mentally challenged person on the street. where's the accountability for things like that. you've got the 45th president in the courtroom. coming up, we're looking a at the state of the consumer, retail earnings and retail sales coming out this week. the word on wall street panel is here on what that means for the markets. you're watching "mornings with maria" live on fox business. stay with us. ♪
7:08 am
7:09 am
weathertech knows that trucks like yours can take a beating. are you sure? bring it on! but with weathertech's heavy—duty impactliner you can safeguard the bed while throwing almost anything at it. the underside features an innovative solution. shock absorbing rings disperse the impact of hauling, dropping, or dragging your cargo. wow, no damage! protect your truck from costly dents and scrapes with the rugged impactliner from weathertech. for even more protection add these premium american made products. order today at wt.com
7:10 am
hi, i'm ben and i've lost 60 pounds on golo.
7:11 am
(guitar music) i've struggled with weight my whole life. i'm sure you're like me and you've tried diet after diet. if you want to stop the insanity, try golo. ♪ rising costs. selective coverage. for countless americans, the complex specialty care they need has always felt... just out of reach. ♪ at evernorth, we give members unrivaled access to the most complex therapies at the best prices. while providing enhanced support like in—home nursing at no additional cost. that's wonder made possible. evernorth health services.
7:12 am
maria: welcome back. it is time for the word on wall street. top investors watching your money. joining me now is leo kelly, also with us is mike lee all morning long. leo, thanks for joining the conversation. we appreciate it. >> good morning, maria. maria: mike, it's a big week, first quarter earnings. i want to kick things off right there. home depot reported mixed results, beat on earnings, missed on revenue, same store sales down 3.2%. the stock is up a third of a percent. we're waiting on cisco system tomorrow followed by deere and walmart on thursday. walmart announced it's cutting hundreds of corporate jobs, asking workers to relocate to the company's bigger offices in arkansas, new jersey, northern
7:13 am
california, asking remote workers to return to the office. walmart's stock is up 15% year-to-date. your thoughts on what we're hearing about the consumer from the home depot report, upcoming walmart report, and of course we'll get retail sales tomorrow. >> from home depot, i don't know that we get that good of a look into the health of the consumer because the lack of transactions in housing just low inventory, high interest rates, that slowdown in home turnover has -- that is a problem for home depot. when you buy a new house, you want to redo this and fix that or if you want to fix it up to sell, that is in my mind what is due to slowdown and decline year over year in revenue. walmart, a different story there. the trading down as they have been calling it on wall street due to the high cost of everything, especially the grocery shopping at walmart has
7:14 am
been a really good revenue drivers for them. however, grocery is a very low margin business so what walmart will be looking to do by cutting all those corporate jobs is juice their margins so i expect good earnings from walmart. i think this will be a very good quarter for them with very good guidance because that -- even though we're seeing pressure on the lower end consumer, what you're seeing is other consumers that are kind of at the higher end trading their way down and cisco and deere both have good track records of beating earnings even though there's not a lot of bullish sentiment around each one of those stocks. deere, a slowing in the agricultural world and cisco, never quite returned to the hay heyday of the 'a 90s. it's a cheap technology stock in my opinion, something worth looking at. maria: that's an he's clues an exclusive fromthe journal, tg jobs, asking some staff to move
7:15 am
to larger corporate hubs. a month ago walmart said rising costs and challenging reimbursement environment make the care business unsustainable at this time and that's referring to clinics that they had loaded directly next to stores. but look, the consumer is going to be a major part of any expectation for economic growth, leo. look at interest rates this morning. higher rates have cut into consumers' ability to grow. fresh .treasury yields are pulling back. economists are expecting price toss be up three tenths of a percent month over month, up 2.2% year over year. the consumer price index out tomorrow, philip jefferson said the central bank should hold steady on monetary policy until it's clear inflation is closer to the 2% target despite a healthy economy, he said. the new york fed's latest survey finds americans expect high
7:16 am
inflation to be around, stick around, leo, and that's what we've seen from january, february and march. what are your expectations for the cpi number tomorrow and the ppi today? >> i think if there's a surprise it will be most likely to the upside, maria. i've been on the show quite a few times talking about inflation is going to be more persistent than people think, the risk of rates is higher not lower, the risk of rate increase is probably as great right now as a cut. and that's because we still have the same problem. there's too much federal spending, there's too much money in the system after the fed grew money supply by 40% post covid and we haven't fixed the core problem. and what i find fascinating is i was stunned when i heard folks say we're going to have six rate cuts last year. we were in the other camp, there's was most likely a t rate increase. how is that possible when we're seeing asset prices at all time
7:17 am
highs? and the fed's language this week has been consistent with their language for the last 12, 18 months. we have to fight inflation. top priority. we've got to bring it down. the only way to bring it down, maria, is slow the economy. so i think this consumer is feeling the pain of higher prices and they're starting to feel the slowdown a little bit. maria: what about the idea that we haven't even seen the full impact of the 11 rate hikes that the fed engineered in the last year and-a-half. there's that. i mean, -- go ahead, leo. >> i was going to to say, what the fed's trying to the do is fly an airplane through the eye of a needle, right? they want to increase rates just enough to keep the economy going and slow down inflation and a that's going to be very, very difficult. we're starting to see the signals, right? we've talked about it. the delinquencies in credit cards, delinquencies in subprime car loans, et cetera, et cetera.
7:18 am
so i think the fed's got a tough job but i, unlike most people who are rooting for lower rates, i think the fed knows it has to slow the economy down at the risk of inflation to get inflation under control. maria: there's a bloomberg survey finding 30% see tech stocks like nvidia as a possible of hedge against inflation, 46% say gold is the best safeguard against rising prices but nvidia is there too and nvidia reports earnings next week, mike. i know you like both nvidia and you like gold. what's your reaction to the survey and what do want to do as an investors. let's say you hold nvidia, you enjoyed the gains in the last two years. now yo you're going into judgmet day, earnings, what do you do ahead of the earnings. >> if you're long nvidia, you stay long. i think the technology upgrade cycle for artificial intelligence and upgrading data centers to the next generation
7:19 am
gpus offered by nvidia, amd and marvel, have so much more processing power that if you're not upgrading data centers you'll be left in the dust by your competitors and in terms of the tech stocks as an inflation hedge they're a spectacular inflation hedge. over the last 20 years the money supply is up three and-a-half times, the price of gold has moved similar to that. however, tech stocks are up 10x. when you look at the qqqs. and over the last 10 years, tech stocks are up 470% even though the money supply has doubled, gold is only up 75%. so the whole point of owning stocks in the long run is to beat inflation, is to have an excess return above inflation and i think tech stocks given their ability to change the world, ability to have companies like nvidia that will double and triple revenue year over year, then these unique situations does provide for a lot of opportunity. however, ownin owning some golds
7:20 am
good idea. wemaria: is there another group that offers the kind of growth that tech companies do? >> not even close. maria: not even close. >> not even close. maria: okay. all right. >> one thing, i think it's ironic we talked about cisco today. tech stocks do hedge inflation, one word of caution. cisco was nvidia so you do have to mind valuation. maria: i think that's a great point. >> cisco was the center of the internet and center of the universe and it hasn't made a new high since 2000. maria: it sure was. >> i do think investors have to mind valuations. maria: in the go go a '90s it was all about cisco and dot-com. you're right. we needed the wiring for that dot-com growth. leo, great point. ththank you for that. mike, you're with us all morning, we appreciate that. good word on wall street, gentlemen. thank you. have a good tuesday. quick break and then a group of texas lawmakers toured the
7:21 am
permian basin last week in texas. texas congressman august pfluger was on the tour. he is here to tell us all about it and the state of the oil industry. you're watching "mornings with maria" live on fox business. stay with us. ♪
7:22 am
things will go wrong for your customers. but your business can make it right, with watsonx assistant. ai that can help resolve problems by understanding your customer requests with 90 percent accuracy.
7:23 am
let's create customer service in service of customers, with watsonx assistant. ibm. let's create. i don't want you to move. i'm gonna miss you so much. you realize we'll have internet waiting for us at the new place, right? oh, we know. we just like making a scene. transferring your services has never been easier. get connected on the day of your move with the xfinity app. can i sleep over at your new place? can katie sleep over tonight? sure, honey!
7:24 am
this generation is so dramatic! move with xfinity.
7:25 am
maria: welcome back. a group of texas lawmakers toured the permian basin last week with an epa administrator for a look at how the oil field is working to reduce emissions, this comes as the epa is threatening to make the permian basin, a quote, non-attainment area for ozone which could obviously potentially stop oil and gas production. the permian basin is the largest oil field in the u.s., producing 6 million barrels of crude oil a day. joining me right now is texas congressman, member of the house energy and commerce and homeland security committee, august pfluger, this is his district. congressman, thank you so much for being here. you led this tour of the permian basin. tell us about the tour. >> well, thanks for having me on with you, maria. we talked a lot about the permian basin, the largest secure supply of oil and gas in
7:26 am
the entire world, how important it is to our national security. i've been asking the administration for three plus years to come to the permian basin. we know they have an all out aassault on fossil fuels, it's nowhere more present than it is here. in this case epa director came. look, the fact is, they've been threatening lots of different things. we know it's an endangered species, they use every tool available to try to slow or stop production, they do it all over the country but here the threat of non-attainment which relates to ozone and the gases being emitted were a concern to the epa so i said why don't you come out here and see in 2010 to now, we started with a million barrels a day in 2010, now we're doing almost 6 million barrels a day, in 13 to 14 years we increased production five fold and reduced harmful emissions by over 30 30 plus percent.
7:27 am
when the team saw it, you can't deny the facts, you can't deny the fact we've been doing innovative measures. if you care about clean air, you want to come here, you want to see the track record we have while still producing low cost fuel and i noticed on your show you talked about inflation. if you really care about inflation, you would unleash american energy and that unleashing of american energy starts in the permian basin in midland and odesa, texas. patrice: tell me what this non-attainment -- maria: tell me what the non-attainment idea would mean for the permian basin if that would be the result. >> it would increase bureaucratic red tape. it would mean you would have to apply for and be given more permits, it would mean the federal government would be more involved in the process of drilling and establishing pipelines and batteries and every piece and part of the oil and gas industry that we rely on not just here for our own country, our b own economy, buo
7:28 am
export to partners and allies. it would make it more difficult, more expensive. you know who will pay for that? it's not the administration. will be everyday consumers that adds to inflationary number we're suffering under. maria: this is incredible that that would impact the u.s.'s ability to be an independent producer as this is the single largest area for capacity of oil and gas. arguably in the world. certainly in the united states. we know that. but isn't is one or two or three in the world as well? >> absolutely. if this was a country, if the permian basin would be a country, it would be number two or three in the world as a producer. this is the most important piece of energy security that we have gone from scarcity about 10 to 15 years ago, thinking we were at peak oil, now to energy dominance and independence. maria: i want to switch gears and ask you about this other issue that we've been talking about so much but by the
7:29 am
way, thank you so much for your leadership in the permian basin and for constantly reminding our viewers how important the capacity is, because i know this is not just an economic issue. but this is a national security issue as well. but congressman, you recently introduced a bill to stop noncitizens from serving as election administrators ahead of 2024's election. the measure would prevent state and local jurisdictions from hiring illegal migrants to administer elections for federal positions. it sounds obvious that that's not what you want but it actually just happened, the bill comes after noncitizen and hong kong immigrant kelly wong was appointed to serve on san francisco's elections commission back in february, this was actually outrageous. she's not even allowed to vote herself. i believe they did the whole ceremony in chinese. if you can believe that one. tell us more about your bill? >> well, you're right, leave it to california to come up with a plan like that but a noncitizen
7:30 am
in charge of administering elections, i can't think of a definition of foreign influence on our elections that has a more impactful meaning than that. this comes at a time when you're looking at washington, d.c. which is allowing illegal aliens to vote in local communities, when new york city proposed the same, when my friend brian style, the chairman of the house administration committee and myself have legislation on many parts of this but this should be the basis of understanding for what it means to be a citizen, the administration, president biden for the last three years have continually torn down the idea of being a citizen, that it's no longer important. people like me truly believe it is important. we're not going to have illegal aliens voting in our elections, you're going to see a legislative effort to that end in the next two weeks. we don't want administrators to be illegal aliens. that's why i introduced this on the heels of the california decision. we want to the raise that bar back up. we want the gold standard to be
7:31 am
citizenship. and by the way, to be a citizen, let's do it the right way. there are rules. the rule of law should be that standard that we abide by. it's sad we have to say this but unfortunately with this administration you. you do.maria: it's unbelievably have this wide open border and giving people driver's licenses and social security numbers and saying when you're in the u.s. don't forget to vote for joe biden. you recently introduced legislation aimed at blocking taxpayer funded healthcare for illegal migrants after the biden administration imposed a new rule earlier this month to open obamacare to about 100,000 uninsured daca recipients costing taxpayers up to $300 million a year. i want to get your thoughts on this. first, talk about the flier you tweeted about. i see there's a flyer out there that is being sent to people who cross over into the border. are you ready for the 2024 election season?
7:32 am
you tweeted this out and in the flyer they write don't forget, reminder to vote for president biden when you're in the united states. we need another four years of his had tenure to stay open. >> yeah. you can't make this up. i mean, this flyer is basically telling you this is specifically to the washington, d.c. area that if you're a noncitizen, get ready to vote, you can you vote in local elections, vote for the city council, vote for the mayor. it doesn't take a conspiracy theorist to look at this and say how are you preventing them from voting in other elections, let's say the presidential a election. we've seen this, many other people have seen this. this is why our effort is so strong right now, why you're going to see congress put this out there. i sure hope the democrats look at this and go you know, enough is enough. we know they're not going to do that. we know they're going to vote party lines. but we'll see where they stand on these issues. but this flyer really shows you just how par far the administran
7:33 am
is willing to go to have illegal aliens voting in elections. maria: what is going on with the flyer? are they sending this out to people when they come over the border? >> presumably this is for the d.c. area. wouldn't surprise me once you cross the border, however, that you get it. i think specific to the d.c. area this was engaging and encouraging people to vote there but it directly ties to the rest of the theme of the deconstruction of the rule of law and having people vote who don't qualify to. maria: looking at the flyer, i zeroed in on it because i know you tweeted about it, it says did you know qualified noncitizen d.c. residents may vote in local elections, specifically noncitizen d.c. residents may vote in elections for mayor, attorney general, members of the d.c. coin sill, members of the state board of education and advisory neighborhood commissioners, also on initiatives, referendum and recall and charter amendment
7:34 am
measures. noncitizens cannot vote in elections for the president but there's all these other races that they can vote for. >> that's exactly right. again, how does washington, d.c. or any other community who thinks this is okay prevent those people from voteing in a congressional race or in a presidential race? that's why we're concerned. citizens should vote. it's pretty clear. and congress is going to act in the next coming weeks. maria: wow, thank you for tweeting that out. i'm happy to talk about wit you and of course i know that lara trump and michael whatley from the republican national committee say this is their number one priority to ensure we have a fair election in november. something we all want. congressman, thank you. >> thank you, maria, thanks for having me. maria: august pfluger joining us this morning. it is day 17 of trump's hush money trial. my next guest, alabama attorney general steve marshall was in
7:35 am
the courtroom yesterday. what he saw, why he says he's outraged by it, after the break. you're watching "mornings with maria" live on fox business. ♪
7:36 am
7:37 am
if you have heart disease and struggle with ldl-c... even with statins and a healthy diet... listen to your heart. talk to your doctor about repatha. repatha plus a statin lowers ldl-c (bad cholesterol) by 63%, and drops the risk of having a heart attack. do not take repatha if you are allergic to it. repatha can cause serious allergic reactions. signs include trouble breathing or swallowing or swelling of the face. most common side effects include runny nose, sore throat, common cold symptoms, flu or flu-like symptoms, back pain, high blood sugar, and redness, pain, or bruising at the injection site. talk to your doctor about repatha. with gold and copper prices pushing towards all-time highs, u.s. gold corp is advancing its environmentally friendly gold and copper mining project and creating american jobs in mining friendly wyoming. with a proven management team and board,
7:38 am
a tight share structure, and a solid cash balance, u.s. gold's portfolio of world-class assets are creating american growth and homegrown strategic metals as the us moves towards an electrified future. u.s. gold corp.
7:39 am
>> this all comes from biden and the white house, by the way. they have their top people here. because he can't put two sentences together. he's the worst president in the history of our country. can't speak. can't walk off a helicopter. can't walk off a plane, can't walk off a stage and the only way they think they can win is if they can do something with trump. because we have an incompetent, the worst president in the
7:40 am
history of the united states of america. maria: there's former president trump slamming president biden while at the courthouse in new york city yesterday, saying the so-called hush money trial is an attempt to keep him off the campaign trail, six months before an election, alabama attorney general steve marshall was in the courtroom supporting trump yesterday. here's his take away. >> 30 years i've be been a prosecutor, cared about what grows on in the criminal justice system and i've never seen in my veer a greater pre version of the criminal justice system than what i've witnessed this morning. maria: joining us now, alabama attorney general steve marshall. thank you for being here this morning. tell us what you saw yesterday and what was so outrageous to you. >> yesterday was political theater. it wasn't prosecution of a crime. we sat and listened to hours of michael cohen talk about how he feels about former president trump, about the affirmation he needed in the work he did for him but what i didn't hear is a
7:41 am
connection to donald trump to falsifying business records with fraudulent intent to conceal another crime and that's what he's charged with and yesterday the prosecution didn't make their case. maria: these people are not stupid, ag. right? alvin bragg has been doing what he's doing for years. how does get away with having this whole charade, bringing in stormy daniels, bringing in michael cohen, you know, taxpayer money spent on this donald trump in a courtroom all day if actually he has yet to identify what the crime is. >> he's not stupid but his intention is not to convict donald trump, his intention is to damage the president in a way that joe biden becomes our next president. that's the design of the case, it he is the work that we see the department of justice doing around the d country and it's wy republican ags have engaged with the supreme court in jack smith's k case against the president be, it's why we were here yesterday to be able to
7:42 am
support the not a clearly politically motivated prosecution. maria: how much of this is impacting the supreme court as it mulls the decision on whether or not president trump has immunity from all of this. when you think about the totallanism of this, you have the alvin bragg case, everything you said. you've got jack smith admitting they tampered with evidence, okay, that those classified documents pictures were all set up. you've got fani willis and her affair with her number one prosecutor, you've got tish james and the fantastical numbers she came up with that trump has to pay up. i mean, do you think any of this and the public's reaction that trump is continuing to win in the polls, that people just do not believe any of this, do you think that is weighing on the supreme court, that they're saying look, obviously everybody thinks this is political. we can't have this kind of a charade happen over and over again to a president. he's do to have immunity. what do you think the impact
7:43 am
will be? >> i think this validates the arguments that president trump's counsel made in front of the supreme court. you don't need a president looking over their shoulder, the decisions they make, understanding when there's a transition of power the owe posing power will come -- opposing power will come after them criminally. this validates what goes before the supreme court, what we asserted in the brief we filed with them and when the court renders the decision in that case i think we'll see they will embrace the idea that a president does have criminal immunity and they'll define the boundaries of what that looks like. maria: probably get that decision in june? >> probably later in the session but definitely he'll we'll see t sometime in june. maria: michael cohen will be back on the stand today. yesterday, cohen claimed that former trump organization cfo facilitated his reimbursement plan after he used his own money to pay off stormy daniels.
7:44 am
he said trump knew the details. here's eric trump, the president's son's response last night on fox. >> first of all, it's not true. my father was campaigning for two years at that point and at the point that the payment was made he was sitting in w washington, d.c. this guy's a convicted felon, lost his law license, went down the tubes because he was defrauding apparently financial institutions based on taxi cab medallions in his own personal life. maria: ag, your thoughts? >> they have to be able to rely upon the word of an identified -- a judicially found perjurer in court. prior to walking into the courtroom, he was convicted of lying. he talked about lying yesterday on four different occasions, where he acknowledged in the work that he did and he also acknowledged maybe for the first time that he scammed money from a third party as part of these
7:45 am
payments. i don't think the jury's going to believe him. and i think cross-examination today is going to highlight all of the fallacies of the testimony we heard yesterday. maria: what are you expecting? we're in day 17. when does this end? when does this charade come to a close? >> i think it comes to a close soon. how it ought to come to a close is this judge directing an acquittal of donald trump at the close of the state's case. maria: you really think that's going to happen? isn't this a donor to the democrats, isn't this the father of the daughter who gave money -- there's all these conflicts that we talk about all day long. it's amazing to me that the judge is still standing in this trial. >> absolutely. he should never have been involved, his impropriety, his daughter's direct -- this case ought to be over long before it gets to the jury. maria: thanks very much for your insights. we'll continue to follow this. we appreciate your time. steve marshall this morning in new york. quick break and then vice president kamala harris' latest
7:46 am
gaffe and giggles might surprise you. now she's adding profanities to it. we'll show you after the break. tune into the fox business rundown, monday, may 20th, the biweekly podcast will get you caught up on the latest developments in the financial world. how it's impacting your wallet. you're watching "mornings with stays with us.cl hter: it's a lo. dad: you wanna help me? dad: aim at the wall, but get closer. daughter: (gasps) what the?! daughter: alright. dad: side to side. when you work with someone who knows a lot and cares even more... you can do this. ...you're unstoppable. (♪) wow... are you kidding me? you can do this. at truist, we believe the same is true for banking.
7:47 am
you founded your kayak company because you love the ocean- not spreadsheets. you need to hire. i need indeed. indeed you do.
7:48 am
indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole session. okay, that's uncalled for.
7:49 am
7:50 am
maria: welcome back. house republicans are preparing to hold attorney general merrick garland in contempt of congress, cheryl casone with the reasons now. cheryl. >> that's right, maria. gop members of the house oversight and judiciary committees considering a resolution to hold the ag in contempt of congress thursday. for his refusal to hand over subpoenaed audio recordings. those committees demanded audio of president biden's interview with special counsel robert hurr on his mishandling of classified documents. james comer says, quote, these audio recordings are important to our investigation of president biden's willful retention of classified documents and fitness to be president of the united states. the board of trustee of the university of north carolina chapel hill voting to dismantle the diversity, equity and inclusion programs and transfer it into campus police and public safety, in response to the widespread anti-israel protests
7:51 am
on america's college campuses. in new york, more protests at columbia's commencement, one graduate ripped her diploma into piece as she walked across the stage, other students holding up palestinian flags, wearing hand cuffs around their wrists. temu is shifting the plan for u.s. expansion, the company decided to limit risk surrounding china, u.s. relations and in particular concern about souring sentiment in washington, d.c. about tiktok and moves by lawmakers to ban tiktok or force a sale. temu is known for great bargains like $3 t-shirts. finally, this, vice president kamala harris dropping the f word on stage at ane event about uplifting asian pacific persons to better their careers. >> your capacity to do
7:52 am
everything you aspire to do based on other people's limited ability to see who can do. sometimes people who open the door for you and leave it open, sometimes they won't and you need to kick that [bleep] door down. excuse my language. [laughter] >> well, remember her boss also got caught in a hot mic when he was vice president talking to barack obama about health legislation, being a big blanking deal. maria. it's a morning show, i've got to be careful here. but you know, just a reminder that we've heard the f bomb dropped before. from biden. maria: whether it's morning, noon or night, this is coming from the vice president. so, you know, it's a disrespect to the a office of the vice president most people would say. lee carter, your reaction? >> it is absolutely a disrespect but you know it seems to me it came so easily to her that this is who she is and oftentimes you wonder how seriously she takes
7:53 am
everything. when i read the the headline at first i thought maybe it would make her seem more human. it certainly didn't. it seemed disreexpectful, out of step, i'm not sure what point she was trying to make. maria: why use the f word? you're the vice president of the free world. mike, your reaction. >> kamala harris is a horrific retail politician. i imagine when it comes to making deals behind closed doors, she's pretty spectacular because she's gotten herself to be the v vice president without ever really winning anything. she fought for the nominations and for the party blessing in california, first in san francisco, then to become state ag, then to become senator. those weren't exactly contested races and of course she dropped out of the presidential primary without a single vote being cast. i mean, look, just further
7:54 am
exemplifies her inability to kind of motivate and persuade the public, so, you know -- maria: and another indication of oh, how far we have fallen. what else can you say? really. >> this entire administration was supposed to be our return to normalcy. maria: right. >> it was supposed to be the aadults were back in charge. maria: right. >> now most america realizes that was a brazen lie by the media. maria: now they're trying to put their political opponent in jail, former president trump facing day 17 of so called hush money trial. fox business' lydia hu with a live report coming up. lydia. >> reporter: that's right, maria. day two with star witness michael cohen continuing his testimony under direct examination yesterday, we heard his account that drew donald trump in closer to this aledged scheme to influence the election but we also heard stunning revelations of how michael cohen
7:55 am
secretly record's his own client, donald trump. we break that all down as we might get to cross-examination today. that's coming up. ♪
7:56 am
we're talking about cashbackin. not a game! we're talking about cashbacking. we're talking about... we're not talking about practice? no... cashbacking. word. we're talking about cashbacking. cashbacking. cashbacking. cashback like a pro with chase freedom unlimited. how do you cashback?
7:57 am
7:58 am
7:59 am
♪ ♪ maria: welcome back. good tuesday morning, everybody. thanks very much for joining us this morning. i'm maria bartiromo, and it is tuesday, may 14th, just before 8 a.m. on the east coast. it is time for the hot topic unof the hour. former president trump will return to court for day 17 of his so-called hush money trial. house speaker mike johnson will be joining the courtroom today, he'll be there. fox business' lydia hu is live outside the new york supreme court with the very latest. lydia, good morning. >> reporter: good morning there, maria. that's right, we are seeing supporters of the former president rally around him as star witness michael cohen, trump's one-time attorney and fixer, continues his testimony for the second day under direct
8:00 am
examination. yesterday cohen's testimony implicated the former president, donald trump, into this alleged scheme to influence the election. cohen says that trump told him to delay payments to adult film star stormy daniels for as long as he could, amendmenting for after the election. -- aiming for after the election. but when those payments were needed, cohen said he wired $1390,000 from his home ec but bity line of credits to hide those payments from his wife, and they were described as cohen's income after rump's transition to the white house. -- trump's transition to the white house. defense cross-examination could possibly happen today, if and that is going to call into with question cohen's credibility. he's a convicted felon, he's admitted to lying under oath, he served prison time partly for his dealings with stormy daniels. he's built a career off attacking trump, written books, he hosts a podcast. donald trump's son

0 Views

info Stream Only

Uploaded by TV Archive on