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maria: good friday he morning thanks very much for joining us. i'm maria bartiromo. i hope you are having a good friday morning it is friday, may 17, 8:00 a.m. on the east coast time for hot topic of the hour former president trump so-called hush money trial entering final stretch

defense prepares to resume cross-ex cross-examination. >> that is right maria 1k067ing cross-examination highlighted calling history of lying yesterday made the suggestion michael cohen continues to lie on the stand, right before the jury. defense attorney todd blanche cross examined michael cohen about a phone call took place late october 2016 cohen testified he called trump's bodyguard schiller and trump about stormy daniels to temperature them the nondisclosure agreement deal was done on cross blanche used text messages to suggest cohen had been receiving harassing phone calls called schiller to discuss that that was a lie you were talking to mr. schiller about the fact getting horaceing phone calls from 14-year-old correct. >> answer, part of it was

14-year-old but i know that keith was with mr. trump at the time, and there was -- potentially more than just this, question that was a lie, you did not talk to president trump on that night you talked to keith schiller about what we just went through you can admit it. >> answer no, sir, i can't i am not sure that is accurate. now some forceful accounts undermine company cope comprehendibled from bob costello revived cohen before indicted 2018 said cohen claimed then trump had nothing to do with the stormy daniels nondisclosure agreement costello said cohen is lying to the jury now. watch. >> it was his idea to take care of the nba contacted by lawyer for stormy daniels said she was going to claim donald trump had sex with her cohen said i didn't believe allegation but nevertheless it would be embarrassing, to

melania. that is michael cohen's words. >> expect to concluded cross on monday then defense will have an opportunity to put on their case includes calling witnesses possibly even bob costello we will see where that takes us next as we speak >> we will see if he ends up agency a witness, lydia hu, your reaction. my reaction prosecution cavalier to think michael cohen can withstand any sort of cross-examination yesterday proved that realistically they are so cavalier there is so much conflict with respect the to interest from the judge daughter being paid by goldman coaching michael cohen the lead prosecutor former number three at department of justice judge as i mentioned, why specifically being he chosen for this case worked on nushlz

trump relate case before this is all coordinated showing just yesterday the fact cohen cannot stand any sort of cross because really, he is incredible liar, and everyone knows it but still, prosecution thinks he is the right witness to do the job of putting donald trump taking him off the ballot. >> a incredible what you just said the fact that a california congressman or a congressman in general new york congressman don goldman coaching michael cohen that is a you said? do we know for sure dan goldman coaching michael cohen. >> we know met with cohen a number of times same congressman paid over 157,000 dollars, to merchan for political consulting that yet another conflict not

surprising the case rife with issues to think jury will not pick up on it really, really disconcerting you think you want to hope two attorneys on this case will see, that there really is no legal merit at all there is no evidence here, and the case truly crumble. >> on the other side what krysia is talking about could be met for coffee talked weather you know those things are hard to prove -- you make allegations up of to progressive it at the end of the day on the other side of this even though so many holes in alvin bragg's case have been, public characterized enterprise from us outside the courtroom what is happening inside the courtroom, they talk about the fact all of this is about the jury. and the things you think jury are going to zone in on, you know listen take notes not what those of us on outside

are zoning in on in particular some salacious details that certainly had attention the stormy daniels for instance, at the end of the day, this is the new york jury a new york judge can donald trump get a fair trial in new york? i think that needs to be, put out there, even with costello's bombshell accusations that were made public yesterday. maria: what do you say mcan a jury be fair in new york to trump. >> i hope they can, two on that jury hopefully can be the two that are voice of reason in that room you never know to me a bigger picture all about you know the weaponization, of the legal system, against the political rival if you think joe biden has nothing to do answer this why in his announcement about the debates did he specifically make that snarky comment well donald we know you are free on wednesday

so, obviously, joe biden is weaponizing the fact that his rival is sitting in court that to me is bigger issue for this country. >> by the way, even worse than that biden has t-shirts selling free on wednesday, they have created t-shirts incredible, we are getting started this hour we've got more on hush money trial coming up florida congressman michael waltz here what he saw in the courtroom yesterday he was there going to tell us about it don't miss that you are watching "mornings with maria" live on fox business. stay with us. ♪ ♪ ohh, ♪ ♪ gloria, gloria ♪ ♪ gloria. i think -- ♪ ♪ . did i read this?

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types of countries where they weaponize the judicial system against political opponents, maduro weaponized judicial system in venezuela, every prime minister of pakistan, knows if they lose to other side going to get put in jail is this what we want america to become? >> this is what we're becoming this is a justice this is politics. it is political warfare we see it happening in third world countries all over the world i never thought i would see it happening in the united states of america. >> well, we are watching something in real time florida wram michael will waltz joining nearly a dozen house republicans in front of manhattan courthouse yesterday supporting president trump during hush he money trial to resume monday michael cohen returning to stand trump's lawyer grilling him about history of lying under oath, joining me now man himself

florida congressman michael wralts members of house armed services foreign affairs committee i want to tear more about what you learned feels yesterday testimony of michael cohen was something sparked outrage everywhere said the case over after day testimony walk us through what happened. >> yeah, maria. look. to be honest it was probably a little bit boringto do blanch.e methodological, cohen lied in front of judicial can he lied to lawyer lied to judge when he pled guilty in circumstances walking us through that again, caught cope lying on the stand about testimony he had just given days prior, in this big

culminating final phone calm cohen claimed closed loop on hush money i guess forgot about texts he send before and after saying no, no, the call was really about getting harassed i guess by some prankster where todd had perry mason moment was he couldn't possibly the talked about all things he said he did plus texting about, in a 90 second phone call there is just no way, and cohen fem -- fell part on the stand the jury was absolutely dialed in at that point. maria: wow. that is where liberal media said you know, i think cooper on cnn, said michael cohen was cornered was he lied again so we will see what happens on monday your thoughts about this case you think coming to a close soon? >> well i would like to see

costello, who was cohen's lawyer testifyed yesterday about all the other lies directly related to this how much more than he hopes to gain i hope to see him called days of witness, but dwlond the case is fallen apart on its own that said maria until i mean nobody could get in minds of jurors several were very tuned in taking notes but until we are completely clear of this nonsense -- i want to say what a dark moment this is in american history. i mean we are going down the road of pakistan venezuela you name the country where the opposite political weaponizes, like-minded judges a judge wouldn't tick a photo next to politician because so carefully not seen as partisan yet we have one in new york giving political contributions out, it is scary. maria: do you think the supreme court is taking all of this into account?

as it decides whether or not president trump has presidential immunity? won wonder if you see this creator kus is it not it be shut down you can't start prosecuting your political opponent maybe that is why president should have immunity thufrng supreme court is watching this take in it. >> i certain hope so when it comes to presidents what about congress senators, commissioners in you highway politicized da's judges you issue a subpoena on someone in immediate jumps all over it that candidate is kind of dead in the water even if they beat it legal fees the time, and so as down ballot issues that supreme court case wouldn't else in cover the left unleashed pandora's box that could destroy our democracy.

>> speaking of subpoenas, and retribution i want to get your take on what james comer is working on house oversight committee chairman joined me yesterday on this program told me he sent a subpoena to major bank to get bank records, in biden impeachment probe said his committee found new biden family bank accounts, and they continue to underline what he has been saying money laundering bribery influence peddling all yesterday in my interview take a listen. >> i issued a subpoena for targeted financial information from a certain financial institution related to jim biden and hunter biden, this is a result of many of the documents that will devon archer turned over we believe we found new accounts the number of bank accounts discovered past year and a half since i had subpoena power since republicans took house unbelievable, i mean i don't think, you will find

very many people that have billion dollar net worth as many different bank accounts as this biden family had, many were shell companies as you and i discussed maria, companies soul purpose to launder the money that bidens were receiving from china from romania, from russia. >> congressman obviously, these are incredibly serious charges, we want to get to the bottom of it viewers want answers we reached out to white house for comment not received a response, and i believe at that time yesterday james comer said he too has not received a response from very specific letter oversight committee sent to white house going through all the countries that were identified money taken in by family members congressman. your thoughts? >> yep, maria, the democrats keep saying oh, this keeps dragging on and on and of on

because we keep discovering more and more and more shell companies, bank accounts, credit cards money being moved from here to there, every time we get to the bottom of one shell company we find five more. what government bureaucrat elected official needs dozens and dozens of shell companies registered in some cases in grandkids' names, money from foreign entities, by the way, you can't have millions of dollars coming into your kids, and then pay your bills. that is that is just a work-around of all ethics in all campaign finance then laundered money commingled accounts changed policy as a result of this money coming in, this is the largest corruption scandal in american history. and we have a duty to keep pulling the thread on it keep getting to the bottom of it,

despite all the obstruction from this administration. when they finally won't give us what we want, then we're going to do what we did last which is hold them in contempt refer to accommodation we know probably not going to prosecute we have to keep investigating exposing to american people. >> you mentioned in terms of policy that is what i want to get at because this letter i am referring to goes through china, ukraine, russia, aloneing family has tan in did we see policy changes vument of that money could you connect dots say this was a quid pro quo we changed policy canceled the china initiative, because china paid biden family. do you have evidence of that?

>> well, we certainly do of firing a prosecutor in ukraine that was looking into the very company burisma hunter biden was sitting on. look. that is enough in and 6 itself in my view but you are right we're still fighting with archives to get emails, out of the four dummy email accounts hunter biden was sending around who needs that dummy email accounts as vice president, right, where they canceled china initiative inflation reduction act pouring billions into china passive approach to china allowing them to fly spy balloons take over south china sea the threads we have to keep following maria, to get -- look. i think american people see it for what it is. in terms of the policy changes the policy positions biden had from millions and millions that are coming in. maria: quick before you go i know the house passed i would

act yesterday what do you want to say about president holding back weapons where this goes as israel fights for survival against hamas terrorists. >> well you had 185 democrats sadly agree with biden, that you can tap the brakes on military aid in the middle of a war for survival, with hezbollah, with the houthis, hamas live iran just launched dozens and dozens of drones directly from its so i will on to i would say all purely political reasons the progressive left a have taken over a political party now literally forcing democrats to walk away from our greatest ally another dark moment. maria: congressman, good to talk with you we will be watching your work thanks very much for being here congressman michael waltz in florida we'll be right back..

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up 19 s&p higher by two points stock in the green across the board, so far this year, take a look, both s&p and nasdaq better than 11% in 2024 dow industrials up a 3/4 year-to-date joining me donald luskin do you think this has legs for the rest of the year. >> this year-to-date is remarkably stocks are up in 4 1/2 months more than average whole year. that has happened while fed rate cut expectations have collapsed. at year end markets expecting seven cuts starting in march now expecting two atmost starting november, we are not in new normal anymore we have old normal back isn't 2010s near zero interest rates this is 80s 90s man complete with text boom who needs low

interest rates. >> are you saying buy stocks blindly? >> well, no i gave you a vision, buy stocks with that vision. >> c okay. that is good, the vision is based on macroeconomic growth earnings, what he is is it? ai, the fed not having the pressure to cut rates or to raise rates? what is the reasoning today that you believe this rally continues? >> theory and evidence the theory is for the last 500 years, every 50 years or so financial crisis like 2008, 9 in aftermath you get a decade or more secular stack nation low interest rates low inflation my equity risk premiums smart people can make money not ideal world then after 10 years that situation goes away usually event makes it go away usually a war once in a while a pandemic, changes everybody's attitude unleaches new technologies new animal

spirits that is the secular, phase we are in right now. so that is theory, the evidence is that while fed has raised interest rates from zero to 5 and 3/8% most aggressive rate hiking cycle in history the economy has only strengthened if we weren't in productivity led post pandemic boom fed would have causative ten recessions they caused none should i be buying big tech into nvidia earnings upcoming wednesday? steer say away from some of those stocks that have seen outsized gains where specifically to allocate capital. >> we are in phase like late 70s easterly 80s mike pro assessor chip was invented the revolution made modern world went to companies that made

that technology over next 20 years gains went to the companies that used that technology, which is he everyone, so, yeah, right now we are in that first stage, you are want to just throw money at of things like why i had v.a. microsoft that is obvious but over the coming 10 years going to have to figure out who are dwrurs where, cases productivity growth you never know where it is going to be. >> i like your optimism great to talk to you about as you for being here texas law enforcement, over control of the island texasering rangers secured from it cartels, we have the story you are watching "mornings with maria" live on fox business. stay with us.

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maria: welcome back, texas rangers taking back the island from mexican cartel control under operation lone star this happened last year, this piece of land, sits between texas and mexico in the rio grande river the administration is now threatening to push out texas state officials remove border security officials arguing the island is federal property joining me texas land commissioner dr. buckingham thanks very much for being here this morning, it is good to see you again. i remember when you first came on to tell us how you, and the officials there in texas took back that land from the mexican cartels. tell me what happened since. >> well, we are able to, you know, declare that land texas, of course, we -- the center rio grande everything north of the river is texas we cleared

it in operation to technicality military department, department of public safety put constantino wire up roasted cachets drugs guns we have complete control of that. >> the federal government saying no, no, no this is not texas land this is the fed's land after all that you did to take it back from mexican cartels, are you now in a battle with the u.s. government the biden administration? >> we absolutely are in a battle going to fight tooth and nail not yield our property i posed the question if it was federal land why denying law enforcement access to the island it was a letter from department of public safety, asking for access to island most violent part of the border so, we are in a fight we are going to fight if federal land why denying law

enforcement access, cachets of krufgs are malicious political ployu. s, do you think they didn't realize land was used by cartels what are the motivations center. >> it is hard for me to access their modifications looking externally exactly you worn why allowing cachets of weaponize drugs human trafficking denying law enforcement at what point we are in el paso today different part of border we are going to be on border speak our truth the biden does things inconsistent with truth and justice we know what is right. we are going to fight good fight. >> what does that i mean you are going to fight the good fight the biden administration says that land belongs to biden administration do you

have any sense why they want to take it now? do they not know when you took it back from mexican are cartels it was u.s. land. >> we feel like on very secure legal footing they are fighting from some maps from a while ago we think are inconsistent with rule of laws they need to learn to read a map we will fight all the way to the supreme court if we have to like talking with nationalization of our guard begins a we are going to stand our ground literally. maria: are the international boundary water commission is requesting that texas remove the riser wire security measures on that island provide proof it is state landed president biden reportedly considering executive action to shut down u.s.-mexico border we know he massn't do even anything 3 1/2 years but six months away from an election he says may be will do an executive order now

after crossings surpass 4,000 a day after 4,000 premium come infer day customs and border protection show roughly 6,000 crossing doesn't include gotaways if biden takes executive action would that be a contrast from claims he can't do anything, without congress? what are your thoughts on next steps here? >> you are right a direct hypocrisy him saying he needs bill in congress, by the way, a terrible bill, codified all illegal things he has been doing he doesn't have authority to control our border shows he had authority all the time his decisions honestly some he will in first 24 hours of being sworn in that have created this invasion the crisis i keep reminding everybody the change in the federal policies that is really going to control our border, in the meantime federal government agitates,

protect our border texas in that gap doing everything we can it is the federal policies that drive this map, invasion has happened. >> what are your expectations or assessment of all chinese nationals cruz and border protection show nearly 28,000 illegally chinese national encounter this had year, thousand is homeland security subcommittee had a meeting yesterday on security risk of unprecedented surge illegal chinese migrants, congressional clay. >> america is suffering generational trauma. because of the biden administration policies, blown our border wide-open, and now we got chinese -- well funded

coming into our country aggressive -- asylum, is a healthy well funded warrior aged young men coming into our country. nobody over there has a problem with that? >> what do you think is behind this surge in illegals from china? >> well, i agree with the congressman, it is very, very concerning when you have chinese national on average what we're hearing make over 60,000 dollars for individuals to come across 2300% increase in the members we're seeing military age i always remind everybody you don't walk out of china because you the people like it you have to have express consent of your government, also it wasn't there a long ago all our military were reading china basically 100-year plan how to become number one power in the world the last step is, of course, military activity to knock off whoever is number one they positioned themselves to number two in the world our

biggest foe, unapologetic direct about what their plans are again i have concerns about miment aged young men the federal government is tolerating guns, weapons mass migration across our border illegal i think a direct threat to our country. maria: when you say the last step in terms of overtaking, the next competitor, what is the last step? >> so, there is a document they wrote called something like the hundred-year-plan in that book i am reading it right now they economically fool everybody into thinking not a threat get into number one spot and militarily through conflict that i can that number one threat down become number one power in the world i think that is their plan they put it in wrignot a big surprise most elder

military folks had to read that book required reading they told us their plan yet biden administration laying down being a we being a being weesing. >> how you connect dots when you said final part of the plan does that have anything to do with chinese nationals coming across the border. i think they are planning military conflict planting militarily and i will men for sleeper cells create conflict chaos whatever their final plan is they put it in writing you don't get out of that country without express written consent of your government not like random people coming across. >> of course, frankly they do they are military and i will men don't look like running from persecution we will take

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hi, i'm jason and i've lost 202 pounds on golo. so the first time i ever seen a golo advertisement, i said, "yeah, whatever. there's no way this works like this." and threw it to the side. a couple weeks later, i seen it again after getting not so pleasant news from my physician. i was 424 pounds, and my doctor was recommending weight loss surgery. to avoid the surgery, i had to make a change. so i decided to go with golo and it's changed my life. when i first started golo and taking release, my cravings, they went away. and i was so surprised. you feel that your body is working and functioning the way it should be and you feel energized. golo has improved my life in so many ways. i'm able to stand and actually make dinner. i'm able to clean my house. i'm able to do just simple tasks that a lot of people call simple, but when you're extremely heavy they're not so simple. golo is real and when you take release and follow the plan, it works.

. maria: welcome back, president trump new york trial not no session today instead he will attend his son's high school graduation, then travel to minnesota for a high priced fund-raiser, trump saying he is stuck in quote ice box leaving court claiming america enemies planning to do damage watch this. >> if, president, i know well president putin of russia i know him well right now together working on plans where they get together and do damage, what there are thinking about doing damage, and you take a look at what president xi said day he fully expects to take taiwan made

that today a big statement. >> joining me ted cruz, the ranking member of the senate consumers committee member of senate judiciary foreign relationss committee thanks very much for joining me this morning. >> maria, good morning good to be with you. i want to get into policy give your reaction to this trial in new york. it -- it is an absolute circus a disgrace about democrats weaponizing justice system number one to destroy donald trump number two real target american people an assault on democracy the reason you've scene four democrat prosecutors indict president trump last year they are terrified the voters are going to vote in november to reelect him as president they are trying to do everything they can to stop it if donald trump's name anything else donald submitting this case never would have been brought this is all about a partisan

smear job disgrace full a sign how radical extreme the democrat party has become. >> the federalist reporting anti-trump officials preparing attacks on appointees we are seeing republicans talk about doj flipping scales bullying whistleblowers is there anything you can do. >> there is a lot to do to do it we've got to win in november the fundamental problem in executive branch joe biden is putting corrupt left ring radicals in office this is the most lawless administration we've ever seen merrick garland is most political partisan attorney general in history abused power the department of justice turned department of justice, fbi cia entire alphabet soup of washington into weapons to attack political enemies utterly shameless two standards of justice one for the friends of

the white house, for the friends of the white house used government to protect them including especially joe biden hunter biden where they do everything to protect cover-up criminality corruption but enemies of the white house they go after them abuse power it is profoundly dangerous there is a lot we can do but we've got to win in november, and put in place, strong principled leaders who will clean out the corrupt career bureaucrats who have weapons the department of justice and law enforcement, listen. on congressional side we need a majority in the senate i think we're going to wayne majority in the senate in november it is dramatically different right now chuck schumer, is majority leader means he controls who is a on the floor means just announced a couple days ago not even going to allow a vote on what the house just passed. to free up the weapons going to israel, israel in the

middle of war in middle east joe biden democrats holding weapons hostage funneling money to hamas i am going to force a vote on senate floor next two weeks on shutting down joe biden's money going to build the pier for hamas in gaza using war powers reallies the reason doing that one invest few vehicles that chuck schumer can't stop, that i can force a vote i am going to get every democrat on record do you support the radical policy funding hamas cutting off weapons to i would exactwards from what any rationale policy would be. maria: we are watching for sure lots of complooegs are worried wide-open border is by design, that joe biden, democrats want to turn them into voters. and your opponent in upcoming election, representative colin allred the democrat nominee in texas senate race attend a

campaign related event handed out cards with instructions to help illegally immigrants. >> this recent coordinated campaign i want your take on this, as this person is running for your seat in texas do you believe is there are plans to turn some illegals coming through the border into voters in this november election with a can you do about it. >> look. unquestionably if you look at this invasion at the southern border we have had 11 million people coming illegally into this country under joe biden, deliberate by design joe biden democrats did it on purpose. you are right, my opponent allred is a hard left democrat his first four years in the house voted identically one hundred percent, with nancy pelosi voted in favor of open borders over and over and over again, of course, he is handsing out cards to illegal

immigrants telling them how to avoid detection the democrats want 11 million immigrants here why every one they want future glat voters tragically willing to ignore the death suffering you are putting up video right now what happens in quantico two illegal aliens released by joe biden tried to break into quantico two jordanians in box truck that i thinkfully military off police caught them but several years more than 100 chinese nationals, have tried to break in about to u.s. military bases. this is the consequences of the democrats' open borders making everyone of us in america every family in america far more vulnerable. maria: yeah fox news digital saw those know your rights cards on card says do not open door if immigration agent is knock-o door do not answer questions from immigration agent if they try to talk you have light to remain silent

customs and border protection hasn't nearly 200 migrants terrorist watch liz you mentioned jordanian nationals in ice crud tried to breach quantico happening where you see chinese also want to get into military installations, why would joe biden allow this? >> power. it is the most cynical decision possible they look at illegal immigrants say, they will vote for democrats by the way, to show you how cynical democrats are my.allred booked a half million dollars tv ads claims going to secure border handing out cards to illegal aliens saying how to avoid detection lying to voters profoundly cynical, we'll be right back.. .

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maria: welcome back. we are 30 minutes away from the opening bell for a friday. we are capping off a wild week. dow industrials slowing a gain of about 25 -- showing a gain of about 25. final thoughts, mitch roschelle. >> i'm looking at nvidia earnings next week, i think that's the thing that's going to the move the market. maria: that absolutely is the next big test. chris, cheryl, great to be with you both. mitch, come back soon. have a great weekend, everybody. i'll see you tomorrow night at seven here on fox business. "varney & company" is up next. stu, take it away. stuart: here i am.