tv Mornings With Maria Bartiromo FOX Business March 21, 2018 6:00am-9:00am EDT
review of compliance with departmental policy. they will be a concurrent criminal investigation that will take place by the texas rangers of the incident that occurred here tonight. again, this is the culmination of three very long weeks for community. and throughout these weeks we've talked about the importance of remaining vigilant in looking out for each other. i want to continue that message as we stand here this morning because we don't know where the suspect has spent his last 24 hours and therefore we still need to remain vigilant to ensure that no other packages or devices have been left through the community. as we go through the day today, we want the community to remain vigilant, but i also want to look at where we are now in round rock and remind our neighboring communities in cedar park in other cities that we do
not know where he has been in the past 24 hours into the nature community to remain vigilant as well. if you see something that looks suspicious, something out of place, something that gives you concerned, call 9-1-1 and let us know so we don't ask. anymore tragedies in our communities because we've had far too many over the past three weeks. i again want to thank the tremendous support and participation that we have had from our federal partners and since this is an ongoing investigation, we are not going to release a lot of the specific details that led to the incidents that occurred tonight. we did have one officer who was injured as he approached the vehicle suffering minor injuries in one officer as i mentioned that fired his weapon at the suspects. that officer has been at the austin police department for 11
years and is a member of our s.w.a.t team. as is her standard practice, he'll be placed on administrative duty while they connect the investigations as to what happened here. i am now going to turn it over for comments to special agent of the atf. >> thank you. the unprecedented level of cooperation partnership on cooperation partnership of the law enforcement agencies at the local, state and federal level allow each of our agencies to bring a different skill set to bear and identify the subject and tonight we were able to bring this part of the investigation to close. i want to thank the public who continues to support us and cooperate with us and continue to send in tips and massachusetts had come over then to continue to be vigilant. we are concerned there may be other devices out there.
if people see suspicious packages or bags coming continue to call 9-1-1 and report back to the police so we can respond and deal with those packages. thank you. >> would like to say today is a great day for law enforcement. i like to think that partners with exceptional relationship in taxes and often. chief manley did an unbelievable job for the federal government brought the whole resource for federal law enforcement here to solve this and stop the injuring and killing that was occurring. as the chief said, we are not done yet. a long day ahead. we are concerned there may be other packages still out there. we need the public to remain vigilant, especially today as we go through this investigation. we will be here as long as it takes with our partners to figure out what happened, why it happened and how it happened than we are committed to staying here for as long as it takes to
make sure we understand what happens here. i would just like to say this is what fun is what von forsman does everyday day in this country. the brave men and women of the austin police department put their lives on the line to stop this man from setting off homes. as the chief said, one of the officers was hurt approaching a suspect detonating a second device. they put their lives on the line to make sure all of us are safe. i'd like to commend the chief and the brave young men and women who approach untried approach the vehicle and stopped it from hurting anyone else. thank you very much. >> i understand that the investigation is continuing and everyone still deserves to be vigilant and look for things out of place. with that said, gentlemen, on behalf of an incredibly thankful
community, i just want to say thank you and if you would pass that on to the men and women big work for it, chief manley, to you and to your officers, to this literally army of both neighboring cities and state and federal agencies. thank you. >> i would just like to close with just really a thought for the families in our community who lost loved ones or who had loved ones seriously hurt in these incidents. our heart remains with you as you go through your healing process in your time of sorrow and we stand by you and with you in your time of need. with that, we will open it up for questions.
[inaudible] >> this investigation is well underway so we cannot say that this was an individual acting on their own. that is why the investigation will continue through the day is coming. i [inaudible] do you have a rough age, an austin resident? >> the individual was a 24-year-old white male and we are not going to give out any information regarding his residence. [inaudible] >> as i said, the investigation is ongoing. we want to make sure we have confirmed to either act that allowed or if there were any accomplices that we identify them. [inaudible] >> we believe the individual is responsible for all incident that have taken place starting
march 2nd, those that have occurred since then as well. >> are you still searching the fedex facility? >> there is an operation in shirt taxes, again wanting to make sure that the warehouse is safe in addition to the fact that a bomb detonated in the warehouse and it takes a while to process a post last investigation might last investigation like that, so take a while for that to be clear. [inaudible] >> there were several leads that led us to this person. we had a lot of evidence that came to us via video sources as well as witnesses. >> this was a subject we developed over the course of the investigation became very interested over the past couple days.
i [inaudible] >> that's the one thing we don't have right now is a motive. we don't understand what motivated him to do what he did and that will be part of the continuing investigation as we try to learn more about him and to understand why he took the actions he did. >> was he on his way to deliver another bomb? >> we don't know whether he was on his way to deliver a bomb. it's obvious he had one and that is when the debt they did in the vehicle as we approached. i [inaudible] -- in regards to the operation for the bombs of all. it moved to tripwires, fedex. it doesn't seem like the same guy. where he so confident this is the same guy? >> as we said all along, we didn't want to give out specific
descriptions of the type of packaging the bombs were in because we knew there was the potential he would change his method and that is in fact what occurred here. we do believe all of these are related and that he is responsible for these based on the similarities that we have seen and not the devices and the evidence we are finding from those that did detonate. [inaudible] >> the fedex packages will not identify who they were being mailed to, however we have been in contact with them. i [inaudible] >> no, we had found him in the parking lot of a hotel in this neighborhood behind us and we did not contact that we wanted to come to a peaceful resolution tonight, but we knew how dangerous the situation was given what he had done in our community leading up to tonight.
we were waiting to get the best assets in place with our tactical team and ballistic vehicles so that the best chance possible to take him into custody. we were not afforded the opportunity when they started driving away we could not get him anywhere the community. that's why we ended up having an an interaction on the frontage road behind us. >> did he drive away because he saw police? >> i don't know why he drove away. the officers have been watching him for quite some time. nothing had changed where i believe we saw him. that is something we will never know. [inaudible] >> don't know what his background is. >> you know what motivated him at this point? >> know. as we stated earlier, we do not know what the motive was that as we continue the investigation, we will uncover some facts so we can try and understand, although this is something there is no
rationale for, but we can understand what his motive was. thank you very much. maria: good morning. we are watching breaking news. i maria bartiromo. wednesday, march 21st. listening to local and federal law enforcement who confirmed the austin bombing suspect his dad after a confrontation with police. police chief brian manley. suspects confirmed the suspect killed himself using an explosive overnight. as they approach is north of boston in the city of round rock, the investigation is still underway. brian manley said they are unsure if this individual took on these measures himself or if there are others out there. the bombing spree began march 2nd and it continued through yesterday. six explosive devices killed two people and injured several others. police say a package that exploded near san antonio led to
a major break in the case. janessa smart is assistant director of counterterrorism for the fbi and member of the task force that caught the user bomber. thank you for weighed in this morning. good to talk to you. let's go through was the big break for police because he had another bomb but it did not go off. >> well, the big break for them was when the bomb didn't go off at the fedex mail stream. when they talked this morning about videos and surveillance type film and eyewitnesses, i think a lot of that develop last night and the chief was very careful as saying they didn't know much about the person's back round. that would indicate they haven't known him for too long. most of it developed after the fedex incident and that's why it's always so important to get a bomb that needed. another important thing here,
even though they are very hopeful and certainly rest easier this morning, they still have to make sure that before they were able to apprehend the individual that he didn't get anything outside of, that he didn't mail packages or hasn't put anything on someone's porch or done something else overnight. that is kind of important. he made an interesting statement that we are not sure where he's been in the last 24 hours. they are really going to get out and make sure people are paying attention and retrace where this person has been to make sure there's nothing else out there. and then go on to the how and why and what is going on. maria: what are they looking for now because the police chief, brian manley was very adamant in saying we are unsure if fiat it alone.
how would they identify whether or not he acted alone or not at this point? where did they look? >> once you have a suspect what they have now a new uncover every aspect of that person's life. every aspect of the last minutes of the last days and start identifying the people he knew. think about it for any of us. if somebody wanted to go back and look at what i've done the past two days, they know where to start. they pick up my phone records, they talk to anybody they could find. neighbors come, places i might have eaten dinner. they look at any one seen with and identify those people and they know all my friends. they know where he do everything to do with my day-to-day life. that thing happens very, very quickly after you have an identity of somebody. it all comes together really fast because that's one of the things we do best. maria: let's look at what police chief brian manley said as he wrapped that up a few moments
ago. here is what he said about a potential motive. >> that's the one thing we don't have right now is the motive behind this. we do not understand what motivated him to do what he did and that will also be part of the continuing investigation as we try to learn more about had and to understand why he took the actions he did. maria: so terry turchie, what process takes place now in terms of whether they can identify the motive. >> despite a finding out about this person, they'll talk to people and that is one of the questions they will be talking about. what do you think happened? what was bothering this person? what mental defects did he have? as we found out with serial bombers, many of them have had mental illness type issues. he may have written things. he may have kept journals or diaries. that's why it's important to go back and find out exactly where
he was, what his daily routine was and who he lived with it the latest anyone. those things are very vital as they come together quickly after you've identified someone. with ted kaczynski, we've talked about this before, but he kept track of every event in every day in his life for 20 years through 55,000 pages of handwritten notes. not everybody's going to do that, but hopefully the person live some sort of paper trail about why he did what he did. >> when you found a 55,000 pages of notes, that helped educate in terms of where he was, what he was thinking in terms of getting to a motive. >> absolutely. he even psychoanalyze himself. he said a lot of people are going to say a mentally ill. i'm not. i want you to know i'm not. he went on to say why did i do it? i did it because i was angry. i'm really, really angry.
unfortunately, we may find no more, no less. these persons are very similar it seems as he looked up a few serial bombers went out with before shall i would only have to deal with a few people like this. this individual might have been kind of a scholar of the other serial bombers perhaps he was trying to imitate. it wouldn't be surprised to find things and then among his possessions that inflicts is bombed building in strategy if you will, but indicate he was studying things that eric rudolph, the olympic bomber forward the user bomber or some of the other people we've dealt with in the past. trade to carry commit thank you for a match. terry turchie jordan affair. dagen mcdowell is in new york. obviously, this investigation is not over. they cannot say whether or not he acted alone. good morning to you. >> good morning to you as well.
terry turchie touches on something pretty incredible. given the writings of ted kaczynski, the 55 pages and what they know about the past serial bombers come and the fbi has been able to improve their techniques on identifying the type of individual who would do such a thing, a serial bomber. terry turchie pointed out earlier ted kaczynski, these individuals are so unique for lack of a better word that ted kaczynski took a device on a greyhound bus with him. that's the kind of individuals we are talking about here. the austin statesman, the local newspaper there in the texas capitol has done some incredible reporting on this and they have according to a senior law enforcement source, this is before the brian manley press conference that they were able to track this individual down, this 24-year-old white male
because again the one explosive device was shipped from a fedex store in sunset valley. the evidence there included security video. they relied upon the store receipts, showing suspicious transactions for the individual. the 24-year-old white male got a search warrant for his google search history that shows him conduct the searches. law enforcement authorities considered suspicious and they relied upon cellphone cell phone technology to trace him to a hotel. that is some hard-core police work going on. again, the undetonated package at the facility was only a little more than 24 hours ago. 9:25 a.m. austin time yesterday that they found it. in the last 24 hours you want to talk about incredible work by authorities. >> you are right.
we've got to point out that the local police, fbi and atf, alcohol tobacco firearms did an excellent job here. allow port today coming out. the federal reserve will raise interest rates. more breaking news out of boston as they piece together how and why the suspects cause such terror in texas. watching markets ahead of the federal reserve decision this afternoon and we'll be speaking with majority leader as they passed a spending bill. markets are looking lower. we will be back in one moment's time. oh, manatees. aka "the sea cow"" oh! there's one. manatees in novelty ts? surprising. what's "come at me bro?" it's something you say to a friend.
let's check the features right now in terms of market performance added the announcement. expected to be down 20 points in the nasdaq expected to be down 23 points. joining us now to talk more about that is ceo dean zug as. we are here in washington. thank you for joining the conversation. are you expecting to raise rates? >> absolutely. we are expecting to see 25 basis points bumped today. we are against the additional thumbs later in the year. maria: what is the impact? >> from our standpoint it is all positive. we need a little rate movement. we need to decide to have that headroom to stave off inflation and do we stimulate they need to come back down. the rates are so low, historically low.
maria: jon hilsenrath is with us for "the wall street journal." how do you think powell's policies differ from janet yellen? we've talked about the fact that he's worked with janet yellen for so many years. the macker approaches framed the approach he's going to take. very slow, very gradual, but consisting. i don't think he differs so much from a policy perspective. what is changed as the backdrop has changed. when janet yellen left office we didn't have all this fiscal policy in place. tax cuts coming in, spending increases so jay powell has a different fiscal setting he's got to address them because of the stimulus in the economy that makes for more bullish outlook for the economy and more aggressive interest rate. maria: do you believe we will see for rate hikes as opposed to three which was initially the expectation? >> that is certainly the risk. you have to wonder if they go
beyond if he keeps going the way it is. that's what it wanted to ask. does that make a difference in the real world? we are talking about a quarter of a percentage point. does that change the business landscape if they have a little more, little bit less. >> we don't believe so. the intersection of borrowers and lenders. we're lending platform at the forefront of borrowers of wonder kitty after these bombs. in the past, they haven't been bad for the transaction volume. it's actually been positive. to your question, i don't excel. rates are low than three or four doesn't matter. >> when does the rate we learned that go up? bank certificates of deposit the money markets haven't really had an impact did in terms of going any higher on the short end of the curve, short-term rates.
cds on average are less than half a percent, getting 49 basis points to keep your money in the bank. put the cash under your mattress at that point in time. you see lending rates on the other side? >> we are going to see that. we need some more headroom to see the start bumping up the depository rates but they not. yes, we will see that rise but it will take more to get there. maria: thanks for weighing in. jon hilsenrath the whole story, dagen is new york at fox business bringing the fed decision today. so his news conference live at 2:00 p.m. eastern. join us as we take that live coming up later on this afternoon. plus, updating our top story. the suspect in the spring of bombing in austin texas is dead. plus the strand that is battered the southern atlantic makes its way to the east coast. the very latest for your travel plans. back in a moment.
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explosive device in his car as police were approaching the car. officials are identifying the suspect is a 24-year-old mail. they say they have not found a motive. >> that is the one thing we don't have come a motive behind this. we don't know what motivated him to do what he did and that will be part of the continuing investigation as we try to learn more about him and understand why he took the actions he did. marry make the investigation is underway. police have not found a motive and are unsure if he acted alone. the bombing spree began march 2nd and continued through yesterday. 6 explosive devices killed two, injured several others. a package that exploded at a fedex facility near san antonio led to a major break in the case. joining us is chris collins, thank you for joining us, your reaction to what we are
learning about this 24-year-old white male. >> a dangerous world, we have to be vigilant whether we are at the movies or going to our kids soccer games or at another venue. we have deranged individuals wandering the streets. who knows why this person did it? we may never know. a dangerous world. maria: the police chief said they are not sure this person acted alone. the investigation is very much in force. let me turn to what you are working on, the spending bill. what can you tell us in terms of where we are. will we see a government shutdown? >> we will not see a shutdown was we agreed when we did the last continuing resolution, the $700 billion for defense and
offsetting increase in other discretionary funding. we are into the weeds on the details, all kinds of little nuances, differences between the democrat and republican version. worst-case another continuing resolution through the weekend along those lines was we may come to an agreement that covers everything sometime today. we could vote on that friday and get it over to the senate. maria: do markets get upset? >> the markets have like to government shutdowns lose they have favored it in the past after the average government shutdown, the markets are up 1.9%. >> shutdown is off the table. >> today the federal reserve will probably raise interest rates. >> that is a bigger story for the market, the continuing resolution and short-term patches have become standard
operating procedure. >> let me switch gears and ask about the facebook situation. the mining controversy seems to get bigger and worse. facebook, let's take a look, it is flat on the session. so far down 2%, continuing the selloff, facebook officials could meet with aids from the house judiciary committee as soon as today and mark sica berg is expected to address staff friday after it was revealed cambridge misused private information more than 50 million facebook users during the 2016 elections, pres. obama's 2012 campaign is also being scrutinized for mining user data to reach likely voters was what can you do as a lawmaker in terms of getting your arms around this was we know companies have more power than they ever had and more information about americans than they ever had. >> i'm on the telecommunications subcommittee on energy and commerce so we have jurisdiction over this part of it. we will be holding hearings but
the irony is a lot of americans are okay, knowing something about you. and know what is asking your permission. i agree to whatever i didn't read and next thing you know they are mining your data. taking from that what your propensity would be to vote republican, democrat, then you are hit with those advertisements. we say big brother is watching, in this case not big brother but these providers like facebook so we do need to have the hearings and decide is there legislation we should be working on. maria: what would be the legislation, what could you actually do? >> not unlike the banking and
other things whether it is a mortgage document, make it much more apparent and it could be an opt out instead of opt in or opt in instead of opt out. do you want, check this box, not just buried in the minutia of a 16 page document which maria: the other side of the argument is we willingly give certain information to facebook. and for third-party use. >> the irony is, and the fourth of the fcc, we will give it back to the federal trade commission. the net neutrality rules are
like heads providers. it is the isp, this is how faulty that legislation was. passed under obama, tom wheeler trying to usurp power from the federal trade commission. part of this will go back to the ftc which has always had jurisdiction to say there are abuses. they have gone too far. how do we rein them in? a lot of folks do enjoy the fact that someone is making suggestions about shopping. >> i was not surprised to see the cambridge news. during the election for rock obama they were brilliant in terms of mining the data. he had such a successful campaign in terms of knowing how to capture as many voters as possible. even today we are seeing incredible donations as a result of the infrastructure. dagan mcdowell is in new york. we have spoken about this a lot
in terms of privacy breaches and people unaware of companies whether it is her or others tracking you without your knowledge. dagen: this relates to a 2007 decision facebook made that opened up, it is called, you will hear this phrase a lot, the social grasp. this is the web of friend connections and other information, they opened this up to apps developers, they can plug into the platform and not just track one individual but what all the individual's friends were doing and at the time you didn't even know this was going on. two pieces of news, there are reports that mark soccer berg plans to speak out on this issue, we haven't heard from him. the crisis management of this by the leadership, has been lax. the wall street journal also reports facebook has had a problem with this for many
years. in 2010 there was an online tracking firm using facebook data to build databases, personal information and selling the data to political advertisers. they collected at the time information on nearly half 1 billion people. wall street journal reporting the federal trade commission is investigating whether facebook violated terms of the 2011 settlement and it could be find millions and millions of dollars of facebook violated that settlement according to the journal. the hammer is coming down on this company but users and regulators. maria: and the industry. >> and we should come down. maria: how will it change their business, new legislation? >> they can't be selling this information.
that hits the revenue line quite directly as you will see. i am confident you will see new legislation or the enforcement where it belongs. the ftc will be coming down on them. it is more evident. >> as a republican focused on free markets and deregulation, is the scenario the government should be getting involved? should the market settle this out? should washington allow consumers to vote with their feet on facebook and let facebook deal with its own customers? >> this is where the federal government should step in, enforcement through the ftc. >> we have to do it through legislation, committee, energy and commerce or the enforcement actions of the ftc which is a government agency but not necessarily logs. maria: we believe it, great to
have you here, thank you for joining us this morning. back to breaking news, the austin bombing suspect is dead after a confrontation with police. the suspect killed himself after detonating an exclusive device in his car. todd pyro is on the ground with the very latest. >> look at my shoulder, you can see no traffic on i 35, a massive presence of police, all in front of that red roof in where it all went down for lack of a better phrase a few hours ago. some key take aways from the press conference, definitely a celebratory feeling in the air because the serial bomber has been caught, he is dead. at this point authorities are quick to point out they do not know if all packages are detonated. they don't know if there are packages that are currently out
there that could spring up at some point and kill somebody so they are asking the public to be extremely vigilant at this time. 24-year-old mail, that is all they are saying about the suspect. they are not giving us a more bs waiting for the corner to identify the individual. the investigation is not done. not only because of the packages that could be out there but also we don't know if this individual has an accomplice or multiple accomplices. how it did go down earlier this morning, they had a suspect in mind. they knew he was in a certain car, in his car police approached him. he started to move away. they pursued. when swat pursued further he decided to detonate the car killing himself. the individual decided to drive
away. he detonated the vehicle and he is dead at this time. a lot of investigation yet to be done. maria: the police chief was adamant in saying we don't have a motive and don't know if he acted alone. >> that is so key. i can't underscore, when you heard the suspect is and you definitely breathe a sigh of relief but we don't know if there are packages on doorsteps or other people out there waiting to pick up the slack for the dead bomber. maria: we will be back as news develops, we will be right back, stay with us. rotect it. the 2018 audi q5 is here. when this guy got a flat tire in the middle of the night, so he got home safe. yeah, my dad says our insurance doesn't have that. what?! you can leave worry behind when liberty stands with you™.
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blues that location is just north of austin. >> as members of the austin police department swat team approach the vehicle, the suspect detonated a bomb inside the vehicle knocking one of our swat officers back and one of our swat officers fired at the suspect as well. >> police are cautioning that the investigation does continue as they look for additional packages. they are monitoring if anyone else could be involved in this situation. obviously all of this unfolding late last night when the agency got a tip. they are waiting to see if there are more explosive devices out there. all of this coming as we give you a series of events after a package bomb exploded at a fedex shipping center in san antonio and another explosive was found inside a package at an austin fedex facility.
that device was intercepted. police got more clues. all these devices in the past 19 days led to several explosions, two dead, four injured. the weather, spring is here officially today but mother nature thinks it is winter. the fourth nor'easter in three weeks hitting parts of the east coast with snow, sleet and freezing rain, public schools are closed in new york city, 16 inches in the forecast. other cities include washington dc, philadelphia, they are declaring a winter storm warning. please check with your airline if you plan to fly in the mid-atlantic or the northeast, the latest number, 4200 flights for today and tomorrow. toyota is suspending testing cars on public roads following the fatal uber accident that
killed a female pedestrian in arizona. toyota is concerned about possible emotional impact on its test drivers. apple is moving forward with its test of self driving cars. financial times are putting the company has permits to test 45 of the vehicles in california nearly doubled the fleet from a few months ago and more than uber. taking a look at shares of toyota, they are up 14% in the past year. apple up 20%. united airlines is suspending cargo flights for pets while it investigates the death of a dog in an overhead bin. united is reviewing why so many animals die on its flights every year, more than any other airline in the country. the suspension does not affect pets the travel in the main cabin. united says they are reviewing the service, united shares up 4% this year. back to you.
maria: a quick break, a pivotal meeting between donald trump and saudi arabia's crown prince, what it means for washington and riyadh. take a look at futures this morning ahead of the federal reserve. markets are higher by a fraction. facebook under pressure, back in a moment. and taking care of the boys. [ door slams ] he's still asleep. zach? zach?! [ dog barking ] ♪ [ sighs in relief ] zach! talk to me.
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$533 million, $525 million. that is peanuts for you. >> that was donald trump during his meeting with saudi arabia's crown prince, the president and a number of important issues, what the president was talking about was arms sales the us is going to be doing with a ran, with saudi arabia. and the air and deal was one of the major tickets as well. this is the first stop, the first visit of the prime minister and the author of desert diplomat, robert jordan. the president was going through the arms sales that the us undertaking with saudi arabia. your take on these big acquisitions in terms of us
arms. >> a lot of deals have been in the works, but it is quite significant. if you look at the production line, you are happy to have these contacts. we have to be careful how these use, the war in yemen is one that has reached a level of great criticism. we have to be careful in terms, the southeasterly protecting civilian lives in this terrible catastrophe in yemen but having said that, if the saudis don't buy these articles they will turn to russia or china or others so we are in a competition to revive what they want to purchase. we have to maintain a degree of control over how this is used.
maria: when we spoke sunday on fox news you said you don't expect the president to renew the air and deal. tell us more about that. >> the president has come out strongly against the deal so he will have a hard time backtracking from that. the saudis likewise have been very critical of this deal. there are efforts among the europeans to try to provide a fix for the deal, having to do with the sunset provisions and other things. that is likely to not be successful. we will find this agreement probably abrogated and american sanctions ratcheted back up. what that does in terms of the ran's conduct we will have to wait and see but the saudis have been equally critical of the agreement that was struck. maria: the next deadline is may 12th. gen. jack keane joined me and if they don't fix it or change
this deal the president will not renew it but what about our relations around the world, europeans stay in. >> they will continue to stay in. and this removes incentives for the iranians to observe the agreement. at the same time a ran will not overtly disregard the deal and put in jeopardy the contracts with the europeans. it will cause the us to be more isolated from our european allies on this issue. they may do business with a ran and make it more difficult for us. maria: thanks very much. we will be right back.
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current competitive owners can get a total value of over eleven thousand dollars on this silverado all star when you finance with gm financial. find new roads at your local chevy dealer. >> maria: welcome back. good wednesday morning, everybody. thanks so much for joining us. i'm maria bartiromo. it is wednesday, march 21st. we begin with breaking news this morning. the austin bombing suspect is dead after a confrontation with police. investigators confirming that the suspect killed himself using an explosive device overnight while police tried to arrest jushimjust north of austin in ty city. there was a presence conference earlier morning. >> as members of the s.w.a.t. team approached the vehicle, the suspect detonated a bomb inside the vehicle, knocking one of our s.w.a.t. officers back and one
of our s.w.a.t. officers fired at the suspect as well. >> maria: president trump tweeted about the investigation earlier this morning. he said this. austin bombing suspect is dead. great job by law enforcement and all concerned. the bombing spree began on marc. it continued through this week. a total of six explosive devices killed two people, injured several others. police say a package that exploded at a fed ex facility near san antonio led to a major break in the case. joining us in washington is former d.c. police detective, ted williams. and we have steve longers as ro. great to see you guys. ted, let me quick it off with you have experience with the beltway sniper. the police did an incredible job. >> they did an incredible job. this is reminiscent of me being in the studio in october of
2002, dealing with the beltway sniper that paralyzed the district of columbia and the whole region. here it is, you had a person for 19 days paralyzing austin, texas. and the relief of them having got this showed that there was excellent law enforcement work here in getting this guy at this time and they had video. they used the cameras. they used the public. and all of this came together early this morning when they finally got this guy. >> maria: we should point out that the police chief, brian manly, said this is not over, the investigation is ongoing. they do not yet have a motive and they do not yet know if this individual acted alone. want to get to steve rogers in new york. before that, dagen, can you walk us through the way the police, the fbi, the alcohol, tobacco firearms group did this in terms of painting a picture of who this 24-year-old white male is or was. >> dagen: one thing we should
point out is that the other serial bombers who are familiar to our audience, whether eric rudolph, tsarnov brothers, there is a treasure trove of information to understand the type of individual who this might be. the austin statesman has done some incredible reporting on this. the break in the case, which happened about 24 to 36 hours ago, really came after they were able to identify a suspect based on information from this fed ex store in sunset valley. this is a suburb of austin. that evidence included security video. they looked at store receipts, law enforcement authorities did, saw suspicious transactions from this individual. they got a search warrant for his google search history that showed him conducting searches that looked suspicious and they
were able to track him down. again, this suspect killing himself, detonating a bomb in his own vehicle. they were able to track him down to round rock, texas through cell phone technology, tracing, locating his whereabouts. so it's some incredible police work. >> maria: it really was. steve rogers, where does this go now? what are investigators looking at now as they try to identified a motive and whether or not this individual acted a alone. >> the most important he question, maria, that needs to be answered is what was the motive. this is why the police -- in fact, i've got to tell you the police chief articulated this well. he wanted this guy in custody alive and unfortunately he's dead. and as a result, obviously they can't question him. so once they find motive, they may find answers to other questions. did he act alone? where did he get the bomb making equipment? was there any communication over his cell phone, internet, ipad, et cetera, with any other
suspects. so that is what is right now a priority, the motive. >> maria: ted williams, how do you get to that? how do you get to the motive? >> now you have the actual investigation starting. they start backtracking. they learn as much as they can about this person. did he have any military training? did he have any -- was he a civilian who just looked on the internet and learned how to make bombs? who did he actually want to kiln all okill in all of this? there is so much more they have to do. >> maria: could he have done this alone? >> he could very well have done this alone and probably did. they now have to find out if there are other bombs out there, maria. that's very significant and important. he may have, before they got him this morning, placed other bombs. >> maria: how do you figure that out? >> they're going to have to tell the people in austin, texas to continue to be vigilant, don't open packages or just let this settle down, let law enforcement do their job and this is what's
going to happen here. >> i imagine this all happens very quickly now. now they have an identity, they have an address, now that they have an address they must be in his apartment as we speak or his home, looking at his computer, looking at his bills and his mail and everything that he's got. i imagine they're going to be able to put the pieces together, a motive and who else might be connected fairly quickly. >> absolutely. i can tell you, some of the work you've mentioned has started. they already started looking at his computers. they know who where h know wher. they know who his family members are. this started march 2nd. the question is initially they thought maybe it was related to the black community. they're still not sure as to whether that is a motive. but they're looking into this and it's going to take a while. but law enforcement has done an excellent job here.
>> maria: they really have. what are they doing in your view, steve? where do they take this? >> as ted articulated. the most important evidence they now have to look at is these electronic footprints. forensics analysis of his computers, his cell phone, of any type of electronic equipment he had, it zeros down to the motive. and if in fact he was communicating with other people, then the police are going to have to find them quickly and, again, getting back to the idea -- i'm glad it's been mentioned over and over again. people still have to be vigilant, maria. they have to understand that there may be bombs in the mail. be vigilant. say something when you see something. >> maria: what about that, dagen. you mentioned the warrant they got, look at the google account, look at the searches. will they have any barriers in term of the electronic footprint? >> dagen: not now. if we can go back to one of the graphics, where we showed where the fifth bomb e exploded.
it was at a fed ex sorting facility, closer t to san antono texas. this was a break in the case, a change in the methods of the bomber, the biggest break for authorities. the first three bombs were left overnight on doorsteps, not delivered by commercial delivery facilities. the fourth bomb was left next to a street in a residential subdivision. again, triggered by that trip wire. but the fifth bomb that went off, and then there was a sixth package that was believed to be unexploded, that was found at a distribution center for fed ex in austin. it was that, those two last packages, the fifth bomb that wept off and the sixth bomb discovered outside of austin, they were sent from that fed ex facility at sunset valley, caught on camera, the bomber was. that was the break. >> he was doing something that from his perspective was
working. he was planting bombs a anonymously. then he changed tactics. >> maria: he wanted to kill more people. >> he wanted to show law enforcement he was smarter than them. this became a cat and mouse game. where he lost -- and dagen just covered it -- was when he went to the fed ex center. everything is on video, and they could see him coming in and out. they could see that whole facility probably even saw the automobile that he was driving. so again, this is just good law enforcement work. >> maria: because the bomb that never exploded, they knew exactly where it came from went to that facility and then right there it's all on camera. >> absolutely. maria, what happens is in these bombing situations, in virginia, they will send all of the evidence, the forensic evidence to be examined and that's where they show some kind of association and a connection and that's what they were able to do, using good law enforcement
tactics. >> maria: steve rogers, let me ask you, could he have done this alone? ted feels he could have. what's your take in terms of what kind of help he may have needed to carry this out. >> i believe he could have done this alone. depends on the type of training he had in the military, if he was in the military, et cetera. i agree with ted on that. >> maria: the reaction from the community has also been helpful. i mean, the police chief was very vocal in terms of asking people to call in, to say something if they see something. that was also part of this. >> i think steve will tell you, we in law enforcement you always need that community help because it's just that one little specific thing that nobody else believes is important and significant that may very well be significant and important to law enforcement. see something, say something. also i'm sure that the citizens of texas are helped out in this. >> maria: thanks very much for joining us. we appreciate your insights. former police d.c. detective steve rogers, you're staying with us. we appreciate your time this
morning. we will come back to you. let's the take a break. as we take a break, take a look at futures ahead of the federal reserve raising interest rates is what we're expecting. the decision will be announced at 2:00 p.m. eastern this afternoon. we will take you there live. futures are indicating a lower opening for the broader averages now. it's been a volatile morning. dow industrials expected to be down 10. it's been a tough week for technology. nasdaq is down a third of a percent right now, 23 points lower. back in a minute. no, please, please, oh! ♪ (shrieks in terror) (heavy breathing and snorting) no, no. the running of the bulldogs? surprising. what's not surprising? how much money aleia saved by switching to geico. fifteen minutes could save you fifteen percent or more.
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>> maria: welcome back. as we've been covering this morning the breaking news, the austin bombing suspect is now dead. lauren simonetti has all the details in new york. >> lauren: police say the suspect was a 24-year-old white male. he was found in the parking lot of a hotel in round rock, texas, north of austin. he he died after he detonated an explosive device inside his own car. >> as members of the austin police department s.w.a.t. team approached the vehicle, the suspect detonated a bomb inside the vehicle, knocking one of our s.w.a.t. officers back and one of our s.w.a.t. officers fired at the suspect as well. >> lauren: police say people should remain vigilant as they learn more about the suspect's whereabouts over the last 24 hours. investigators are trying to see if the suspect was working with any others. all of this coming after a package bomb exploded at a fed ex shipping center yesterday near san antonio, another explosive was found inside of a
package at an austin fed ex facility. that device intercepted and the four earlier explosions killed two people. well, severe weather for the east coast today. be careful if you're traveling the region, getting pounded with wind, snow and coastal flooding. it is the fourth nor'easter in less than three weeks' time already the storm is dumping wet snow in maryland. take a look at the pictures. this bus lost control. it slid down an embankment and into a creek. no students were on-board and the driver is not hurt. if you're flying today, more than 4200 flights into and out of the mid-atlantic and northeast are canceled for today and tomorrow. the federal reserve widely expected to raise interest rates today, its first policy meeting under chairman jerome powell. it would be the first increase of 2018. investors are watching closely for whether the fed will maintain three rate hikes this year as they projected last year.
and investors may have to brace for more volatile trading due to different views about what the fed could say about their course of future rate hikes. we're going to have special coverage of the fed's decision that's at 2uz eastern time and -- 2:00 eastern time and that will be followed by jay powell's first news conference as fed chair after that. questions surrounding facebook and cambridge analytica about data mining for the 2016 presidential campaign. one brexit campaigner says they also had dealings with cambridge analytica. aaron banks says the company approached their pro-brexit campaign and pitched for work ahead of the 2016 brexit vote. though banks says they were in talks, they never really ended up working together. he added he thinks the company, cambridge analytica is, quote, a snake oil salesman and that it didn't have the magical system that it pretended to have. maria. >> maria: all right, lauren, thank you so much.
coming up, facebook faces the music. facebook executives are now expected to testify on capitol hill about the misuse of data during the 2016 election. will mark zuckerberg show up? white house crackdown on china's trade practices is continuing. we preview the round of tariffs and restrictions set to be unveiled tomorrow. that's coming up next. stay with us. welcome to a tennis channel report. the sunshine swing continues this week with the miami open in key biscayne. american amanda simova had an excellent run last week. the teenager picked up exactly where she left off in florida. the 16-year-old recovered from turning her ankle to take out her opponent in three sets. seven breaks for the aussie in a three set win that took almost
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>> maria: welcome back. as we've been reporting, the austin bombing suspect is dead after a confrontation with police. this breaking news now. investigators have confirmed the suspect killed himself using an explosive device overnight while police tried to arrest him. as the police approached his car, he he detonated the bomb inside his car. the police chief gave a description of the suspect earlier this morning. >> the individual involved in
the incident was a 24-year-old white male. we're not going to give out any information regarding his residence. >> maria: president trump tweeted about the developments this morning. here's what he wrote on twitter. austin bombing suspect is dead. great job by law enforcement and all concerned. joining us right now is former special assistant to president trump and former press secretary to vice president pence, mark lotter. good to see you. thank you for joining us. your expectations on next steps in terms of this investigation and your reaction. >> i think we need to find out more about who the suspect is, what was is background, what was his motivation, where did he learn to make this technology and are there any other devices still out there floating in the system. >> maria: that's what they're doing. how do you do that, though? they were clear in terms of we don't know a motive, we don't know whether this individual acted alone. that's where their focus is right now. >> that's where you'll see the federal partnership with the state and local police working across all platforms, using the atf, the fbi, profilers, trying
to get more information. and what they'll do is they'll talk to anyone who knows the suspect and they'll build circles out from there. >> maria: there's criticisms of the fbi recently and the leadership but it's nice to see what a great job they did in this specific situation. >> the rank and file did great work. the president noted that this morning. >> maria: we want to switch gears. john and heather have been talking about the trade restrictions we're expecting the white house to announce tomorrow on china. we reported this first last week, actually, that these were coming and we understand that the measures will include tariffs on imports worth at least $30 billion, that's what the wall street journal is reporting this morning. tell us what you're expecting and why the white house is taking these actions. >> i think the president is very clear that we need to directly confront china with their unfair trade practices. it's costing americans jobs and it does put such a huge hurdle in our companies who are trying to do business with the chinese economy and then of course on
the theft of en intellectual property, technology, that's a real issue. >> is this the best way to do it through a blanket tariff of steel and aluminum where we don't get a lot of steel and aluminum from china. >> maria: that's a separate measure. we're going to hear tomorrow about restrictions on trade and restrictions on acquiring companies in the u.s. i think you're right, heather, that's been the criticism that the aluminum and steel was this blanket thing. now we're talking about a more surgical situation to china. >> and i think heather raises an important point which is a lot of american business and a lot of american allies could get behind going after china itself but you have to -- there's been a lot of opposition against the steel and aluminum tariffs. why did they do that first? why not go after china directly first and leave the steel and aluminum tariffs for something -- >> the president has been clear, this is something that's significant to national security. we don't built our battle ships
or aircraft carriers out of plastic. we build them out of steel and aluminum. we have lost a lot of jobs in the industry. we started to see some of those come back. and when you're looking at the broader -- on the global market, i saw a story in the wall street journal how the e.u. is very concerned that the steel and aluminum tariffs would cause china to dump their steel there and put their industries at risk. there is a global marketplace on this that we have to be mindful of. >> this raises the point, why not go after china and why not o after american allies like canada, australia. >> i think what you're seeing is what the president has said. they're talking now with the e.u., talking about nafta, all of this is interplayed together. we're seeing some of our allies step forward. we're seeing potential exceptions and we've already seen a delay by the president when it comes to mexico and canada on steel and aluminum. >> maria: he wants to put the exemptions in. the white house will push back
on what you're saying and say the fact is that china has over-capacity. we may be having the imports coming from canada but that's because china has all of this over-capacity and it's selling out into the global market and we're buying it from other countries. that's what the white house will tell you, the over-capacity issue is the issue around china. dagen, we all can get the idea that china steals our stuff, china is forcing american companies to give up their technology before they even get a foothold in china and even then they can't even own the company that they do. they have to have a joint venture and they'll only own 49% of that venture. the president wants the same situation in the u.s. >> dagen: one other thing the united states could do and i'm curious what mark water has to say about this but push to remove china from the world trade organization. there are a lot of ways we can go after china. again, with the ramping up the curbs on china, we're talking
about imports worth at least $30 billion. i'm curious, because i've heard the value thrown out as $60 billion, i'm curious to find out how much money is at stake here and will the american people tolerate higher prices on some imported china goods? the answer certainly from trump supporters is hell, yes. >> i think what the president is talking about doing, like you said, this is a range right now. we'll see it more later this week. and once again, we might see a little bit in higher prices. i think you'll see the market react. you will see china make some concessions. that's the goal here is to bring them to the table. we are friends in many areas. we have many areas where we have to do better and economics is one of them and protecting american intellectual property and technology, and that's what the president said from the campaign trail. essaying it again this week andd he's going to take action on it. >> maria: how significant would you expect the price increase
toss be? now that we know there are steel and aluminum tariffs. they'lthey'll be implemented ths friday. a lot of our friends from around the world will be exempt on this. what are you expecting on price increases on products? >> start with aluminum and steel. we know from the bush tariff that's were put in place in 2002 and what they saw was price increases in the 2% to 5% range which flows through to everything from -- >> maria: that's a big deal. >> could be hundreds of dollars on a car. on a the china tariffs, we don't know because we don't know what they'll be imposing the tariffs on, what product areas. i think it's important that our story today says that they're not imposing them immediately. there's going to be some period of feedback, i think, that the administration is going to be getting from the industry. so i think we're going to see a lot of industries saying, hey, this affects our product, this affects our product. >> u.s. automakers i think will suffer the most. they get their parts mostly from
overseas. it's cheaper. >> they will incur i think the greatest cost increase down to the consumers from the u.s. a automakers. >> maria: on the auto point, it's an important point. we charge 2.5% and europe charges 10% in terms of tariff. >> and china is 25%. >> maria: that's a big difference. that's why the president said we're going to look at bmws, mercedes, he said that because we're charging them 2-poin 2.5%. >> china charges a 42% tariff on motorcycle imports. we charge nothing. >> this is tough to look at it product by product. the deals got done between the u.s. and other trade partners on a multilateral, multi-industry basis. you're negotiating a little car here, a little food export here. >> maria: it's a good point. >> it's hard to compare one product to another. we might be gaining in ways that don't show up when you look just at one individual product like cars. >> i do think when we're talking about it and using the
individual product examples, these are further reinforcing the need we've got to get die thachinato the table and deal w. >> maria: we'll expect those announcements tomorrow morning. that's when we're expecting it out of the t white house. mark, thank you. coming up, another huge data breach, this time orbit's customers are the target and we're watching markets this morning ahead of the federal reserve decision this afternoon. we're expecting the fed to raise rates by a quarter point. markets are fractio fractionall. nasdaq is taking a hit, down a third of a percent again. back in a moment. how do you win at business?
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and as your needs change from td ameritrade investment management. >> maria: welcome back. good wednesday morning, everybody. thanks so much for joining us. i'm maria bartiromo. it is wednesday, march 21st. your top stories right now. 7:30 a.m. on the east coast. breaking news overnight. the suspect in the string of austin bombings is dead. investigators say the suspect was 24-year-old white male. he killed himself by detonating a device in his car as the police approached the car. law enforcement holding a news conference earlier this morning, saying that they still do not have a motive. >> that's the one thing we don't have right now is a motive behind this. we do not understand what motivated him to do what he did and that will also be part of the continuing investigation as we try to learn more about him and to understand why he took the actions that he did. >> maria: police are calling for people to remain vigilant because there may be more
devices out there. they are unsure if this individual acted alone. let's get to texas right now. todtodd pyro is live on the grod in round rock this morning. what can you tell us? >> reporter: we do not yet have the name of this individual confirmed by authorities because two reasons. one, they need to identify his next of kin. and two, the coroner needs to positively identify him. with that in mind, i checked in with you earlier and we showed you i-35 south, no action then, no action now in terms of transportation. a lot of cops, a lot of blinking lights, atf, fbi, s.w.a.t. and of course the austin pd, all on-scene. right over there is where the suspect's car did blow up earlier this morning. but i want to set the scene, how we got there. police had been following a number of leads over the course of the last few days. but it was really those fed ex
packages, the one that blew up, the one that didn't blow up, that really gave them a lot of the clues over the course of the last 24 hours where they were able to move the individual from a person of interest into a main suspect. they were able to figure out the car he was driving, which led them to the hotel where he was staying. police surrounded the hotel and were waiting for tactical teams to arrive in order to make the scene as safe as possible. that car that the suspect was in started to drive away. police started to follow. the car stopped as s.w.a.t. approached and when that happened the suspect blew up the car and died in the blast. you mentioned earlier we do not yet know if there are any accomplices out there. that is a key part of this investigation. also, we do not yet know if there are other packages out there that have not yet been detonated. so it is a fluid situation in terms of the safety of individuals in this area. they are asking everybody to be vigilant. and maria, you said one
interesting thing when i was listening to the show earlier. obviously over the course of the last few months the fbi senior leadership has been under fire. however, you saw today, you saw over the course of the last three weeks the amazing work of the rank and file of the fbi. juniuni bomber situation took 18 years to solve. this bomber, about 18 days. >> maria: pretty incredible, todd. you're right. thank you so much. todd pyro on the ground. we'll get back to you as news develops. joining us right now, judge andrew napolitano. good to see you. your reaction this morning? >> my reaction is similar to todd's, actually, maria, which is that there may be some political problems with the fbi and d.c. but when it comes to saving human life and solving crimes that profoundly affect human
life, they're still the premier law enforcement entity in the united states and they partnered he very, very well with their other federal entities like atf and with local police like austin. when i went to bed last night this was a raging controversy with people afraid to come out of their homes. you wake up in the morning and find out this guy is dead. he probably is the person who did it. he probably acted alone because he seems to have the profile of a loner. now they just need to make sure that there are no consistent freno confederates andthere aret there. >> maria: steve rogers, the people are being told to remain vigilant. the fact is, they have yet to find a motive and they have yet to understand whether or not this 24-year-ol 24-year-old whie acted alone. >> the law enforcement agencies are going to start building a criminal profile of this individual as they speak to
friends and relatives, perhaps coworkers, and based on that profile in conjunction with a forensic analysis of all the electronic equipment he has, they'll be able to come up with a motive and once they have that motive, perhaps they're going to learn were there other people involved or not. >> maria: look, i want to switch gears many i want to ask the judge about facebook. dagen, let's get into it here. a lot of people are asking where is mark zuckerberg. facebook shares are down on the heels of the 7% selloff earlier in the week. it comes as facebook officials could meet with aids in the house judiciary committee as early as today about the cambridge analytica story which gained the personal data of 50 million facebook users during the 2016 election and we know a similar situation happened in the former election. mark zuckerberg is expected to address the staff on friday. now one brexit campaigner says they had talked to cambridge analytica but decided not to
work with them, calling the company snake oil salesmen. dagen, your take on the facebook story and how it's unfolding. >> the hammer's going to come down, not just from politicians in washington, not just from regulators. there was one ftc commissioner yesterday, carol mcsweeny, who said that she wants more data protection, stronger security and privacy laws and facebook highlights the limited rights americans have to their data. i think there's also going to be backlash toward mark zuckerberg. where the heck is he? does he care about his company's lax data protection? does he care at all about protecting even a sliver of information, private, personal information handed over to facebook by more than 2 billion monthly users. and again, making money off the backs of this very information. this goes back to a decision facebook made in 2007 about
opening up this vast treasure trove of information from its users called the social graph to developers. you make an app. you plug it into facebook's network and you could have access to not only individual's data but the data of all their friends. they tried to pull back on this but this is something a that is in the wall street journal that they have time and again have not had a grip on what these app developers and these companies were doing with this very data. facebook went after cambridge analytica and said this was back in 2015 and demanded that the parties, the psychologists and cambridge analytica delete the data and then it learned this month that, well, the parties didn't delete the data and were keeping the records. literally facebook has been finding out about data policy violations through the media. through the media. good thing they read the newspaper. >> maria: you're saying where is mark zuckerberg. it doesn't matter in terms of
what happens to him because he's got all the voting control, right? the way this stock is structured, he's basically unassailable. facebook's ownership is structured where you've got an equal stake in the company, one set, and then you've got facebook's class b stock with 10 times the voting power of the other stock. the board works for zuckerberg. >> dagen: can't fire him. can't get rid of him. >> his shares are 10 to 1. >> reporter: mark zuckerberg, remember the cross-country tour he went on of the united states. i think we agree the united states is a beautiful country. where are you on this? do you care about the users? not on the job, not keeping his eye on the ball, not paying attention. this goes to cheryl sandburg too. >> maria: maybe they need to stop trying to save the world and try to focus on the company and its shareholders.
>> we have -- you talked about the shareholders. you talked about let's look at the chart that was just up there. we've known about these privacy concerns with facebook for years and the share price keeps going up and consumers keep using the products. people are not voting with their feet and leaving facebook. >> maria: we haven't seen this kind of breach before. >> like you say, we saw it in -- was it the -- >> maria: the obama presidency, they were brilliant in terms of creating a structure where they can mine data and figure out where potential voters were. that's where this started. >> i think this goes beyond facebook. dagen, you mentioned a decision in 2007 to open themselves up to develop apps. that was basically taking apple's model to build a whole app store, a whole world of applications around their business. i think this goes beyond facebook. it goes to anyone who is using the dominant technologies. >> maria: i want to get the judge's take. go ahead, dagen. >> dagen: when facebook found
out about these individuals, these app developers keeping data that they weren't supposed to have, using data in a way that they weren't supposed to, they don't really get serious about it. again, facebook telling cambridge analytica and the psychologists you're not allowed to keep the data. well, they did. and the point is that facebook literally is not policing its own network and not policing these firms that are using individuals' data. facebook is making money. the stock is going up and they don't give a damn. >> maria: i've been saying for weeks now that we're probably going to see a heavy regulatory hand on technology. this morning, judge, we had chris collins on and the congressman said this, and i quote, i am confident we will see legislation if not from the federal trade commission, from my committee on putting a bigger bite in terms of regulation on facebook and its bretheren.
>> that's the remedy. when the corporation can't police itself and when investors are pouring cash into the corporation and individuals' innocence are being harmed in the united states and europe, where the standards for privacy are different in europe, the government acts to protect more privacy than the government protects here, the remedy will be for more regulation. edmund burke 200 years said when there's less internal regulation that generates more e external regulation. the one thing mark zuckerberg should be grateful for is that dagen mcdowell is not a member of the senate judiciary commit at this. judiciary committee. >> maria: we are all free marketers on this show. are we comfortable with more regulation, bigger government? >> what happened to free enterprise? what happened to companies having relationships with their
customers and policing themselves. >> maria: we've got to think about this. sometimes the pendulum swings too far. judge napolitano, we'll see you later. thank you. we will be right back. they ma. the check they sent isn't enough to replace your totaled new car. the guy says they didn't make the mistake. you made the mistake. i beg your pardon? he says, you should have chosen full-car replacement. excuse me? let me be frank, he says: you picked the wrong insurance plan. 'no. i picked the wrong insurance company.' with liberty mutual new car replacement™, we'll replace the full value of your car plus depreciation. liberty stands with you™. liberty mutual insurance.
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>> maria: welcome back. as we have been reporting, the austin bombing suspect is dead. lauren simonetti has all the details this morning. >> lauren: police say the suspect was a 24-year-old white male, found in the parking lot of a hotel in round rock, texas, just north of austin. he died after he detonated an explosive device inside his car. >> as members of the austin police department s.w.a.t. team approached the vehicle, the suspect detonated a bomb inside the vehicle, knocking one of our s.w.a.t. officers back and one of our s.w.a.t. officers fired at the suspect as well. >> lauren: police say people should remain vigilant as they learn more about the suspect's
whereabouts in the past 24 hours. investigators are trying to see if the suspect was working with anyone else as he made his bombs. the development follows a package bomb that exploded at a fed ex shipping center near san antonio yesterday. another explosive found inside of th a package at an austin fes ex. that device was intercepted. the four earlier explosions over the past 19 days did kill two people and injured four others. well, in business news, a major data breach at the travel site orbits which is part of expedia. this one affecting 880,000 customers who booked trips through an older website. one of the partners is american express. orbits says the hackers stole credit card and personal data but no social security numbers, passwords or travel itinerary. take a look at e expedia shares. they're down 7% on a united states basis. amazon has passed google's
parent alphabet in market cap, making it the second most powerful company in the world. apple is still number one. amazon has gained $60 billion in market value in just over a month, thanks to the expansion into cloud computing, artificial intelligence, as well as entertainment. you've got to look at this. this is a chart of how alphabet and amazon shares have performed over the past year. shares of alphabet looking good, up about 30%. take a look at amazon. up almost 90%. maria. >> maria: lauren, thank you so much. as we take a break, we're watching markets ahead of the fed decision this afternoon. dow futures right now indicate we will see a lower opening. this is the low of the morning, down 30 points on the dow, down 27 on nasdaq. back in a moment. was 'are you ok?' they always thank you for your service, which is nice because as a spouse you serve too. we're the hayles
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>> maria: welcome back. we have breaking news this morning. the suspect in the austin bombings is dead. this comes just hours before the world golf championships are scheduled to tee off today in austin. jared max, the pga tour had been working with local authorities to secure this event. give us an update. >> jared: before the news broke a couple hours ago that the suspect died after a bomb detonated in his car, there had been great concern that austin country club could be a potential target. pga tour security had been working with local authorities to best ensure safety to the players and spectators at this week's event in the techsal capital. the championships has some of the top players in the world. rory mcilroy is there, dustin johnson and jordan spieth who went to school in austin at the university of texas, designed a golf course for the school. before the bombing suspect was killed this morning. speith spoke about the career
created by the bomb -- fear created by the bombings. >> it's a difficult thing to figure out. that's why they're specialists and people that have taken care of these situations in the past all over the world. so trust for them to get the job done as soon as possible. they got the job done. again, these comments made prior to the cuss expect being killed this morning. authorities have not ruled out the possibility the suspect had help. are you ready for some more football? less than two months since vince mcmann unveiled a relaunch of the fxl, th a new football leage was revealed. one week after super bowl liii next february, a new league called the alliance of american football will kick off. ebbebill pullan will help steere league. there will be eight teams, 50 man rosters. other nfl influences on the league include justin tuck,
hines ward of steelers and jared allen, a financial backer of the league as is peter thiel's son. this will be three professional football leagues by 2020, maria. >> maria: thank you, jared. catch jared's sports reports on fox news headlines 24/7 or on sirius xm115. when we come back, house majority leader kevin mccarthy weighs in on all we've been discussing in washington. we're talking taxes, tariffs and a lot more, next hour, "mornings with maria" right here. kevin kevin kevin kevin kevin kevin kevin kevin kevin kevin trusted advice for life. kevin, how's your mom? life well planned.
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maria: good wednesday morning. thanks for joining us from d.c. i am maria bartiromo wednesday, march 21 we're following break news out of texas, at a austin bombing suspect is dead after a confrontation with police, authorities say 24-year-old white male killed himself defeating an explosive device inside his car as police approached. police have not yet uncovered a motive. >> that is the one thing we don't have right now is a motive behind this is we do not understand what motivated him to do what he did, and that will also be part of the continuing investigation as we try to learn more about him understand why he took actions he did. >> joining me more on that highways majority leader kevin
mccarthy, good to see you -- >> thanks for having me. >> thank you so much for joining us your thoughts on what just took place there has been criticism about the fbi, they did an excellent job here. >> i think law enforcement all around you worked together from atf, fbi local law enforcement they really -- i think in a tracked this down quickly a difficult situation to deal with, i feel for all those in austin, how scared they must have been in the process i think taking a right approach mow they approached him from standpoint making sure they are correct there is nothing else out there. >> exactly, at this point they are saying look stay vigilant we don't know the motive we don't know if this individual did this alone or if there are others involved. >> you don't i think with they get to the house, looking through it i don't know if booby-trapped but more information we will have have to look and subsidy. >> spending bill what working on will we see government shutdown appears you have
agreed on a top line number but are going through details where are we. >> you know, the last battle was the big battle because the battle was to about funding what funding future military needs resource great increase for military last decade they needed increase where we are going a pay raise for troops importantly, investment that has been cut for so many years to keep especially when you look at north korea, russia, others, we have to be able to make that investment going forward, if you finishing up details i believe we will finish today, post something be able to vote in the next day or two. maria: let me ask you about that reuters reporting it will include nearly 1.6 billion dollars for border security is that true. >> inland at the end of the day no final details that is what we put in prior when we passed the appropriation bills, and 1.6 number i would like to see, the president had made another offer, this is where the president is trying
to solve the daca situation think how many times he reached out to the democrats, i think found some demon ground they said no, he would extend out daca a number of yooers if finish border security documents side they did not want to do that i give president credit trying to solve this issue. >> why don't they want to do it? the truth is that he put a deal on the table that was even better than they were about initially asking for. >> it was, he is looking for introu border security making sure you don't come back to this two years from now extended further for number of individuals to be able to go there if upper democrats knowing what they want i would have taken that deal sometimes i wonder some of them want to keep a problem out there legal make it political instead of solving a problem. >> to midterms they want something to attack the president on. >> exactly. >> yeah, let me ask you about the opioid spending because the last time we were talking about a spending bill there was a lot of complaints criticism about too much
spending i recognize you need to give to get, in terms of of the military, but is it including 2. billion in opioid spending what are other spending that perhaps you are going to have to swallow as a result of getting what you need for the military? >> the main reason we are where we current are takes 60 votes in the senate if we didn't have to have that, we would be in a different situation, but if you want to be able about to plus up military bring military back think how many planes are not able about to fly think about the number of military men and women had died in accidents just in the last year, so we all knew we had to have that investment, but to get the investment in the military, the democrats held us to a point that we had to invest domestically am throw bin yes, i did so root in infrastructure in last congress dealing with opioid you are having almost 175
people brz and sisters for opioid epidemic. >> the white house tomorrow, what can you us there us about measures criticism over aluminum and steal tariffs white house will come up the trvz imports at least 30 billion dollars restrictions in terms of chinese investments in the united states. >> well, i actually think this is where the president is correct looking at china intellectual property, what they have done stealing from america what they have been going in buying taking back to china dealing with military dealing with -- technology, and others i think an area that you are going to get a o lot of agreement on, and when you look at the -- a steal and aluminum remember the president gave flexibility on that what was first brought out and with a ended up at the end of the day, when we get majority of our steel, from canada, that had an exemption as well i think you will find coming out there will be an
opportunity but i think he is correct about looking at what china has been doing what china has been feeling from america, i think you are going to find other countries join in with us, as well. >> president wants to open to industry hear from companies in terms of what products should be targeted most how will that process take place? >> well, he will lay out the framework coming forward but i think this is a positive aspect not just going in saying one-size-fits-all he wants to listen to individuals, and then go out and lead and make sure it is right, it is correct to have this challenge with china we don't want to get into a trade war what we have watched china do over a number of years, they use from state control going in and buying companies, bringing the technology back to china, they stole a number of different intellectual properties from numerous companies not just one field, it will go gown to agriculture, it will go into different aspects i think standing up, and putting a different perspective on this will turn out to be a very
positive aspect. >> because people get this particularly industry discuss a when you want to have business in china,sell to the 1.3 billion people china forces you to give up technology to a do so right? then you can't even have an ownership of anything, full ownership it is a joint venture you only own 49%. >> they have you come in 49% learn what you are doing a few short years kick you away they have it all they come in numerous times what we have watched be able to elaborate elaborate foregoing taking technology not paying for it this has to stop people have to respect technology people invest in one greatest strengths you are not going to out note them if they set too property in if you want china can't out-and-out -- 49% joint venture is that kind of a situation may come out of this. >> i don't want one size fits all. maria: okay. >> i want something to be fair in the process the other aspect you look at there are other things that happen with
this as the president stands up to china, china you realizes they have done something wrong standing up to north korea changing outcome of aspects the reason north korea is coming to the stable i think part of what how the president led not only here, but standing up tough to chiep at the same time realized there is a new sheriff in town the recalled would otherwise going to be a little different in this administration. >> you are right it is true let me ask you about the month here because "the washington post" is saying look this is 60 billion dollars in imports the "the wall street journal" is saying 30 billion dollars in imports do you have any sense what is the real number? >> well i think if the president is going to sited sand listen to the -- sit listen to industry i don't think anybody has number right people throw northbounds out if he listens to the industry i think he should take input the very best plan forward that is a good way to handle this. >> i know a long time china has certain industries that are off limits, it doesn't matter who it is, it is in a for ene wants to acquire
defense company in china not going to happen same financial services should we have industries that are off 4ri789s. >> i this is i -- off limits. >> there are certain areas that is going into military and others you look at mergers and acquisitions china has been doing stealing different things, to me, that is an aspect that we really have to look seriously at this be able to do it but i think we have to containing a new approach. >> president also talked about a phase two of the tax plan he revered to that, that with kevin brady will democrats get onboard with phase two cutting taxes. >> didn't get onboard with fades one said armageddon bonuses were crumbs think about how much the tax plan has tone 1.2 million americans got a longer maternity leave one company millions americans got bonuses, there are about
about electrical bill lower for the universities. >> in thats said no, they came out with their plan to raise taxes if able to take majority i think it is smart, all the benefits that we have, where you have unemployment, at new low, i think it is smart that we look at another tax plan going forward, to have more tax cuts move this economy, if you really want to get out of debtor, yes you have. curve the spending in government, but you have to grow the economy. you will not get out of this problem without growth look at conversations that you had, we are getting back to 3% growth, something we didn't see in the last 8 years. >> a new administration new opportunity for america i think the beginning of america's comeback. >> what do you want to see in phase two making the individual cuts permanent? would that be another cut on small businesses what specifically would you like to see if phase two. >>of course i want to see individuals made permanent
there are aspects you didn't think about see where we need to go let's see how this bill has transferred and changed the economy, about there is places we missed listen to the economy, and go back and analyze analyze. >> 4% growth potentially in this year or perhaps '19 to you worry any of this growth story automobile a big reason coming from the tax plan, is going to get impacted by tariffs, i mean that is the worry that in fact if you were to pull the these aluminum steal tariffs in place you are supposed to implement beginning this week friday maybe takes away from growth. >> i am worried about doing anything harming growth going forward that is yichs happy the president had exemptions in there especially -- >> i mean, china makes the most aluminum and most steael they are subsidizing it is there another way of going about doing it not harming allies i think that is the way the exemptions should be moved
through i am nervous about what happens yes, we are growing don't want to harm or slow it down i also think we have to stand up to china a what they have been doing i don't think one across the board position works, that is why listening to the industry is probable a very smart way to handle it. maria: you say china makes the most terms of aluminum streel overcapacity issue right so they produce it put in gloibl marketplace may be we get most from canada doesn't mean ultimately it came from china. >> raw material they supply it government subsidizes it able to send it out we have watched you see a number of jobs lower down manufacturing, have a great deal amount of jobs that utilize that steel to make a product you want to make sure those o jobs continue growing. >> i got to ask about facebook the mining controversy stock down again facebook about officials could meet with a aides from jous judiciary committee as early as today ceo mark zuckerberg expected to address staff friday under
fire cambridge analytical allegedly misused, private data we spoke to your colleague from new york adamant in terms of what he is expecting. >> i am confident we will see knew legacy coming out and/or enforcement where it belongings ftc will be coming down on them, so that it is more evident for someone you are checking a box it is okay. >> what should be done here? >> what can congress do at this point? congress can do a lot of things, but i don't want to congress to overreact without having all the information first thing i want congress to do is learn everything that happened. but this is a technology that is continues to grow this is where a lot of people get information. even though it may not be true information. so what roles do we see should change first thing that has to happen facebook needs to come and talk to congress, they need to answer the questions.
and after we get all the information, we should see what is appropriate and what is appropriate for the future for individual going forward, people you are arer are sponsoring ads do people know who is paying for ads putting misinformation out there utilizing facebook to disrupt election people have to understand that there may be -- take guards we have to deal with i don't want to prejudge without the information. >> i am not surprised that the political part of this story uses mines all this data isn't that what happened during the election of barack obama? i mean he was masterful in terms of mining data figuring out where potential voters were. >> you know what? they are so good, they put it out there for people to see and they sold it, around the world, for other campaigns to use uk used it, in the process, they were the ones that pretty much started this, and the difference was, the valley was very excited to help barack obama, a different aspect now we want to make sure, that your privacy is
protected, but every action you take on facebook if you like something somebody can mine that if you put up some emotion campaign medium mine that know which direction you are going i don't know that is wrong we want to make sure people understand that, and know that going in that your privacy is protected also your actions are known. >> i would imagine today given the powerful position influence that companies have you have to look at this. >> by far, we have to seriously look at this because, facebook is more than a place that somebody goes to post their pictures of family vacation. right? now, people are getting their news from it, they are posting content on it. and can't sit there life in day's world with the laws that they have in the past, i think you have to he modernize apply to future at the same time. >> thank you so much. >> great that you are work ofings through this. >> government may be shut down congress is not we will still
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. maria: let's get to the breaking news out of texas this morning where the suspect in a serious of austin area bombings now dead killing himself with explosive device police closed in on him, year live on the ground with the very latest what can you tell us. >> maria, good morning to you sun coming up now, but this is
a continuation of a really long night even longer month for the provides behind me at scene aft fire department ambulances police officers from austin police department the fbi scene behind me where 24-year-old suspect blew himself up, earlier this morning, following what were some amazing events last night, police had been following a number of leads, but in the last 24 to 36 hours, main person of interest turned into a suspect, a lot of that was due to those fedex packages had a lot of information in them and on them, that cops were able to piece together figured out driving a particular car led them to a hotel where he was staying police then surrendered that hotel waiting for teams to arrive to make scene as safe as possible car started to drive away police
followed car stopped as s.w.a.t. approached suspect blew up car died in the blast when i spoke with mayor of austin he said it could not have been done without the help of his community. take a listen. . >> our community has rallied you know the only job we have, was to be a little bit more vigilant notice things spuch suspicious community is going to see that helped resolve this. >> but maria, while a new day is done a sense of relief here throughout texas two things to keep in mind, one, we do not yet know if the individual the suspect who died had any accomplices we don't know if there are any packages out there in the community so remain vigilant if you see something doesn't seem right call authorities there are so
many working on scene right now trying to make sure, that we can put this situation behind us. back to you. maria: all right. thank you very much, coming up former major league baseball all-star pitcher joins us explaining his new role combating opioid crisis in america next. >> general mills beats third-quarter earnings due in spatter for scene of that accident in north america back in a moment. great, another dead end. sarge, i just got a tip that'll crack this case wide open! turns out the prints at the crime scene- awwwww...did mcgruffy wuffy get a tippy wippy? i'm serious! we gotta move fast before- who's a good boy? is him a good boy? erg...i'm just gonna go. oh, you wanna go outside?
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"you_stillóhave_toóvisit_us." that's a good one. seems a bit long, but okay... set a memorable wifi password with xfinity my account. one more way comcast is working to fit into your life, not the other way around. retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. maria: heard from kevin mccarthy that the congressional spending bill will include 2.8 billion dollars to battle opioid addiction now a tool in the fight against growing crises
for many people opioid can help physical pain what if a nondrug could combat that one company has one that treats chronic acute pain one of the greatest fegs in baseball history a supporter, ceo mariano rivera former major league all-star pitcher thank you for joining us. >> brian kick us off you brought one of the wearables can you show how its works tell us about it nano-- >> actually nanovi. but ronics medical device company, up listed to nasdaq we employ surface acoustic
wave employ into a product called pain shield, which provides resolution to pain the cause of the pain, rather than masking the pain. >> i see mariano tell us your history with pain how you got introduced to nanovibronics. >> first of all, i got into this with my friend paul, and tell you i because my wife was having back problem and i asked my friend to -- provide me one of those devices, and to use it on her, she got better. but i tell you one thing i wouldn't have this when i was playing baseball i might would have played another three, four years. maria: radio wow -- you have seen it, it works you are
spr supporting it you have spoken with president trump. >> definitely, it is -- a president fighting opioids this is one of the alternatives. we fight on opioids don't have after that the best thing a product that is safe, and we have to move towards alternative. >> mariano you say you progressive played another tloo three or four years what pain were experiencing what does this product do to help you?. >> more so than pain, so areness in activities, kind of like minimize active that pain knee pain all kind of things, this
device is amazing for me, i truly believe that it is something that we take a look, and start using it. >> dagen jump in here because the truth is when you are talking about opioids there is an addiction that people -- that they get worse they get into a worse situation because you take the opioid you want more then people have gone on to heroin. dagen: right opioids quite frankly expensive they turn to similar drugs i want to know with this device what type of pain does it treat? have that opioids would also be used to treat because when you say pain that is a catchall a never been pain is very different from bone pain, very different from muscle pain what kind of pain does this device specifically treat? >> we actually just completed a study, something called
trigeminal neurolgia called sue subsided pain two interventions for it one opioids other severing the never been in face not good alternatives earlier studies showed that it was effective, on treatment, long term, resolution of this. so we figured if we could solve that problem, the most horrendous type of pain that that only opioids can cover up, everything else is pretty much a walk in the park. many sports injuries, tennis will bo shoulder injury neck. >> tendinitis related. >> exactly any soft tissue type of injury. >> incredible. >> yeah, it really is, it is -- it is terrific to see the support par 4 i can't knowo did you mention this product to the president?
>> -- got -- we need to have, because that is what we need to move towards, equipment that can be helpful, not hurting people that is exactly what we need. >> we will leave it there great to have you on show brian murphy you as well thanks for joining us. >> thank you, maria. >> thanks mar. >> see you soon thank you president trump responds to serial bombings in the austin, teamsters president james hoffa joins me weighs in on president's trade restraints and a lot more. stay with us. breaking news aus
bottoming suspect is dead after confrontation with police overnight, authorities say the 24-year-old male suspect killed himself after detonating an explosive device inside his car as the police approached the car. police have not uncovered a motive adam shapiro live at white house with the latest how the administration is reacting to this investigation good morning to you. reporter: good morning to you maria the president actually tweeted this morning about what is happened in austin let me give you the actual tweet the president put out, he said quote, austin bottoming suspect is dead all capital lertsdz great job by law enforcement all concerned remember yesterday on camera the president had been talking about what was going on in
austin the investigation. there were some 500 federal law enforcement personnel working with local law enforcement to try and find the suspect who they believed maybe the man now identifying the president yesterday said this is obviously a very, very sick individual maybe individuals -- sick people we will get to bottom of it we will be very strong, as you have said they are trying to make sure there is no one emphasis involved a man a suspect believed to have committed suicide blowing himself up the president has tweeted this morning, great job by law enforcement 37 and all concerned. back to you. >> thank you so much adam shapiro now we go to latest in china, and the tariff turmoil president trump to unveil tariffs bn chinese imports by the end of the week you heard here first reporting something is coming against china whether restrictions on trade or tariffs reports say now that price range between 30, 60 billion dollars of imports, the tariffs expected to target
technology, telecommunications intellectual property this comes a few days before the controversial steel and aluminum tariffs are set to go into effect the "the wall street journal" is reporting that china is ready to square off and deliver counter tariffs its on joining me international brotherhood teamsters president james. . hoffa good to have you. >> thank you for joining us you are happy with tariffs. >> we are, this is we've had tremendous dumping here 30 steel companies go out of business, we need steel we need aluminum to have our national security, and this is a deliberate dumping by china, vietnam whoever can do it keep sending it here we've got to stop it in is the way to basically level the playing field. >> why do you say the dumping is an issue for the unions for workers, explain connect the dots. >> very simple, 30 companies out of businesspeople lost jobs, because of the plan by china to keep dumping there, they are creating an excess of supply out there, and dumping
here we've got to stop that, protect american jobs that is what this is about. maria: yeah, the issue though is that we are going to receive retaliation, i mean there was a speculation earlier that europe is going to institute 25% tariff do you want to get into a trade war. >> well you know the answer is it is going to level out i think we've got to negotiate with people say let's find a way to get this done whether china or -- this is basically a shot across their bow to say we've got a problem here you've got to stop if you stop we can start working it out especially with allies with germany france with regard to the to uk there is a problem we are going to put these on you work backyards find out how do we solve these problems, but we have to start somewhere, this is a shot across the bow i think a good idea. >> interesting that you say a good idea typically unions have gone with the democrats but you like what this president is doing economically. >> doing the right thing with regard to the trade we are working on nafta working on, basically the tariffs, they say are things that have to be done no one had guts to it
does go back a little bit don't forget i think reagan did something like that with harley-davidson, this has been done before we need more right now there is a national emergency right now to protect american jobs, right now, we need steel, national security we need aluminum, we have to have strong, strong companies here, and the way it is going not going to have steel companies left this is a beginning of something to save american jobs and to protect national security. >> let's talk about nafta for a moment you mentioned nafta in air negotiating between u.s.-mexico canada, what do you want to see what is most important in terms of a change, in the nafta legislation. >> well big thing with nafta canada really is not that much of a problem, because their lifestyle standards are about a i feel the same as ours, but when you get to mexico you have such is a disparity with regard to the to standard of living the wages, a dumping ground in corporations moving there building factories taking advantage of cheap layer we've got to stop that have a strong labor chapter
stronger unions down there change the way it is going it is not happening we're not seeing -- this is 25 years of nafta we haven't seen standard of living go up like everywhere else that has to be addressed we have to have a strong labor chapter do different things already been done, we are protecting the poured from unsafe mexican trucks on right path working very closely with ambassador lighthizer doing a great job, we are going to have a nafta we can be proud of. >> so you want to see border protection. >> absolutely. >> the president is trying to get the money for the board wall facing pushback from dems. >> boarded wall is different from -- say mexican trucks some type of protection we have to have a brother you ared. >> protect southern o border. >> i do believe we have to have borders i think i am not a legal immigration back-and-forth fine not a problem with that. >> not afraid to say. >> it let's do. >> it pension push school 2r50e678z union members pushing to preserve
pennsylvania after fate remains unclear 1.3 trillion-dollar spending bill capitol hill last week bipartisan committee met for the first time in washington to disenfranchises -- to address pension crises the money spent in entitlements. >> that is not really true gave 1.trillion-dollar gift to bias big gave away can't say we don't have poen. >> the tax plan. >> you should not have given it a i away now gone, my gosh one point trillion dollars gone no money for everyone else? >> corporate taxes, to enable corporations to feel there is environment out there that they could hire more workers are you saying you want to see, the corporate tax rate 35% stay in place? >> is that what you are saying james. >> iltdz we should yes. >> you want a corporate tax rate 35%. >> making billions of dollars, now we are going to say we've got to cut the safety net get rid of social security, do you
-- food stamps are you kidding me? are we that bad in this country, no let's get back to pensions pension issue that is important issue, for the first time congress focused on the issue of pension the pension crisis, we have joint committees set up to start working on this problem, orrin hatch made right comments about what we have to do, to draests the pension crisis in america, and we are going to have a solution by november i am very proud of what they have done, we have had input into it working with congress, both republicans democrats, to address this problem, it is a major problem, we need money to fix the problem the answer is, people can't work 40 years promised pension pull rug out that is wrong people deserve pensions. >> truth is programs are going out of i mean they are going abrupt right you see medicaid medicaid social security those programs are going abrupt in next 15 to 20 years even less than that. >> if you hit 1.5 trillion dollars away they go abrupt no money the answer you have to
fund everything, eric m is getting grayer more people on social security, what are you going to say not have social security? you have a resolution people have been promised i know thousands of people depend on social security, medicaid medicare one plan does work check comes every month, just right, let's not disturb that right now, people now that people are starting to say kwie got to get kid of vould entitlements you are talking social security you want to get rid of social security of you a revolution in the country. >> a corporate tax rate 35% in america, versus, 13% in ireland how is that competitive how could u.s. stay 35% corporate rate when all of so many other countries are at such a lower level, that is why you are losing jobs as guy protecting so many thousands of people's jobs,
fighting for rights of workers you have to believe that that the wvent competitive. >> i don't believe it companies may being so much what do we have trillions of as there are off shower pfizer all this money overseas, all of a sudden bringing it back making money they know how to get around that general electric they have been didn't pay taxes at all. maria: i know that that is because they had all those loopholes the tax plans took loopholes out. >> i don't know about that they will find a way i am telling you better the other way money in the government when you take that amount of money out, of this system right now, it is basically destroying it with a does republicans first thing they say cut social security, that is their answer to everything, get rid of intiementsdz. >> -- entitlements. >> 3 hares in this case growth 1 1/2% last 10 years now 3%. >> i hope 3%, 4%, a% good for america. >> doesn't come out of a hat
it is happening it is happening, because you are seeing a tax cut plan anticipation of lower taxes. >> the this is a robust campaign growing strong we will see would happens i can't predict when i went is going to be 3% 4,% good for america good for everybody. >> do you think that kind of growth can sustain, if we go on this path and we continue, to see job creation are you expecting that kind of a growth number. >> i don't know if they put money back in where -- i am disappointed in, is that all this money is coming back to corporations not sharing it with the workers. right now. >> what about all 240d thousand dollar bonus are you calling it crumbs. >> it is crumbs. >> give me a break. >> let me tell you they said walmart people giving 1,000 dollars work there 20 years, 20 years. not many people with 20 years -- that is wrong why didn't they give toilet everybo-- giveo
everybody. >> perfect atend anz that is not fair give money back share this is supposed to be what they toll everybody we're going to share money now putting all things in you have to have a raffle this, you have to have perfect attendance. >> salary of union person today, come up with a number. >> -- 100,000 dollars. >> 7 a thousand. >> -- 75,000 you are telling me that job they don't want 1 thousand dollars they look at a thousand dollars if they gave it now not disney supposed to give 1 thun dollars now only if you approve contract can you believe they did that come on give the money away you got it give it back. >> all right. you have meed a trade not sure about tax plan i like this conversation good to see you. thank you so much james p. hoffa joining us is there we will be right back. .
mogul stepping back from involvement in apple streaming music business nicole petallides on floor of the new york stock exchange good morning. >> so when apple took over bottle 3 billion dollars in 2014 they included all great media music moguls now jimmy is the last of bunch lost dr. dre others, all gone here is thing about jimmy the thing he wants to spend more time with family his shares are vested in august transition from lead role to consulting role brought in things like car-pool karaoke tried to really make apple more competitive with spotify likely to take over spotify with u.s. subscribers general mills under pressure said
earnings per share growing up to 1% rather than prior 3 to 4% this is parent of yoplait cheerios is disappointed the truth of the matter they have faced rising costs also seen a sharp increase in freight and transportation commodity costs trucking railroads hiked prices for one reason they don't have enough drivers hurting u.s. companies like general mills general mills under pressure today down 8.6%. maria: thank you so much facebook facing music right here about washington call out over cambridge analytica grows stuart varney i don't know if you heard my interview with majority leader kevin mccarthy we talked about when all this my understanding of users data started we were in the beginning of the election of barack obama. >> yes way back way back that is true. look, i don't think it is
exaggeration to say facebook in crisis that is a very big statement because i think that facebook is the most important communications company in the world. facebook and other digital companies are money machines, precisely because they sell personal information about us. our information is sold by these digital companies, if there are restrictions on digital companies facebook in particular restrictions on how they can sell what they can sell, if there is any restriction like that, then facebook ceases to be juggernaut that it is i think facing a leadership crisis where is zuckerberg, zuckerberg is the company set up to be basically his company. he runs it any which way he likes, so far he said nothing. now axios is reporting he is going to say something next 24 hours i think that is eagerly awaited i have no idea what he is going to say, that is a
company in crisis and a very big thing to same. maria: congress wants him in washington, they want to ask him about this, they want answers, before they decide on legacy but looks like you know, the bite of the regulation is coming for these companies. >> yes facing what may become a class action lawsuit. after all if they played foot of and loose didn't have full control of the information on 50 million people used by political dirty tricks company that is a breaking -- agreement with the ftc i believe, or the -- whatever it is some regulatory authority. >> ftc you are absolutely right. >> that is groindz funds for lat could be huge aig big deal a lot more we will see you top of the hour "varney & company" every day 9:00 a.m. right after "mornings with maria" we've got our panel back jon hilsenrath, additional coverage out of austin, texas when we come right back more
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hospital that accepts medicare patients. whether you're on medicare now or turning 65 soon, it's a good time to get your ducks in a row. duck: quack! call to request your free decision guide now. because the time to think about tomorrow is today. maria: welcome back bombing suspect in austin, texas is dead lauren simonetti with details in new york. reporter: police say suspect was 24-year-old white male found in the parking lot of a hotel in texas just north of austin, died after he detonated an explosive device inside his car. >> as members of the automotive police department s.w.a.t. team approached the vehicle the suspect detonated a bomb inside the vehicle. knocking one of our s.w.a.t. officers back, and one of our
s.w.a.t. officers fired at the suspect as well. >> police warn people remain vigilant as they learn more about whereabouts last 24 yours investigators trying to see if the suspect was working with anybody else. all this comes after a package bomb exploded at a fedex shipping center near san antonio yesterday, and another bomb was funny inside a package at austin fedex that defies was interpreted four earlier explosions killed two people, severe weather east coast today the regional getting pounded with winds snow coastal flooding it is the fourth nor'easter less than three weeks, the storm as you can see already dumping weather snow maryland this bus slid down embankment the driver is not hurt, air travel is also crippled thousands of flights canceled today, as well as tomorrow.
so check with airline if you are headed out, a storm across atlantic european union new taxes on big u.s. tech companies that do business facebook alphabet amazon under the proposed rules companies would pay an additional 3% of revenue, about from some only services there, the up shot is digital companies could wind up forking over hundreds of euros more in taxes, in order for the he proposals to pass all 28 eu countries european parliament have to agree u.s. has already warned against taxes that are aimed at big tech companies, facebook shares in premarkets are now down for the third day in a row losing over 10% value in that time federal reserve widely expected to raise interest rates today first policy meeting under powell would also be first rate hike of the year investors looking at if the fed will raise rates
more than about predicted three times fox business will have special coverage of the fed decision 2:00 eastern time followed by first news conference by jay powell after that. maria: big news thanks so much we've got jon and heather quick break thoughts on all of the above. stay with us. so, my portfolio did pretty well last year. that's great. but the market was up nearly twice as much. that's a tough pill to swallow. exactly. so i started trading. but with everything out there, how do you know what to buy? well, i think my friend victor has just the thing for you.
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the trade front, including tariffs on china. i think that could be the market mover today, more than the fed. >> love transparency. if he doesn't raise rates, markets will sell off. >> good point. dagen. >> mark zuckerberg's new year's resolution was to fix facebook. walk the talk. >> good point. walk the talk. we'll see you in the morning. here's "varney & company" and stuart, take it away. stuart: thank you, maria. the austin bomber is dead. he blew himself up in his car. the authorities got him by tracking his surveillance and by using surveillance cameras at the fedex office from where he sent two packages. texas breathing a sigh of relief this morning. the facebook story is now a full blown crisis. these developments. the stock is down some more in premarket action today. it has lost way more than 10% this week. shaving about $60 billion off the value of the company. there are has been silence from founder mark zuckerberg.