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tv   Mornings With Maria Bartiromo  FOX Business  January 24, 2020 6:00am-9:00am EST

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edging higher, we have all the reasons why, right now mornings with maria begins right now. ♪ ♪ maria: all right, big show once again this morning, morning live from the world economic forum in davos, switzerland, joining the conversation fox business dagen mcdowell and the wall street journal wealth management reporter host of the podcast secrets of wealthy women, verónica dager is here, great to see you ladies. dagen: hello, maria bartiromo. >> good to see you. maria: we want to get right to headlines, we have breaking news, this morning we know 26 people are dead from the highly, contagious corona virus, cheryl casone with the breaking news. cheryl: we have been following the news all night here, beijing increasing lockdowns in central china, impacting more than
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20 million people, overwhelmed hospitals pleading for supplies are forced to turn away residents that are displaying symptoms, movie themers in china have been closed, the largest blockbuster weekend, shanghai disneyland also has been shut down for the crisis, 7 countries have now confirmed cases of this virus, middle school in virginia by the way has canceled plan cultural exchange of chinese students from the same chinese province where the virus negotiated. well, buyer, discussing 10 billion-dollar payout over claims weed killer roundup causes cancer, chemical blamed for range of illnesses which causes lymphoma. force today pay $17.5 million fine, the punishment stemming from the bank account's scandal and
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others facing penalties, the company facing backlash after decision of software updates of older models, that forces companies, rest assure come may when we end new software updates for legacy products, they will continue to work as they do today, we are not breaking them, we are not forcing them, we are not taking anything away from you. maria, that's a lot of the headlines, from new york back to you in davos. maria: corona virus a worldwide illness, cases confirmed in several asian countries and in the united states, in washington state, so far we know that there are 26 confirmed deaths, there are more than 800 people who have been diagnosed with the corona virus and you know one issue, verónica and, dagen, in new york the fact that we are
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right now on the doorstep of the chinese lunar year, the new year in china where hundreds of millions of people will be traveling across the world, across china to celebrate the holiday and that's one to have reasons behind the lockdowns in china, verónica? >> this is the absolute worst possible time to happen in china, not the mention it sounds like the chinese like many countries are underprepared for a situation like this, what's scary about this, though, that the chinese government, maybe not surprisingly has underreported what was happening and so a lot of people initially underestimated the effect of this, but seems to be a bigger issue than expected and so you're seeing things like movie theaters getting shut down temporarily, markets getting shut down, obviously this has an effect on people's confidence in the economy and chain anticipate and as we are seeing in the market already trickling back to
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own stock market in certain parts. dagen: but maria, i will point out one critical thing, yesterday the world health organization on thursday declined to declare the outbreak a global public health emergency, there are limited number of cases abroad and efforts were under way to bring this disease under control, the chairman of an emergency committee looking at the outbreak said this, it's too early to consider that this is event of public health emergency of international concern. the world health organization general, they will reconvene the committee if the situation changes but this is very different than what happened with sars where china did hide what was going on in the country and the rest of the world and particularly places like the united states were caught off guard, that's not what is happening here and it is not a global public health emergency at least now.
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maria: really important point to say but i just want to say that one of the issues here as i spoke with dr. gregory polland from the mayo clinic this week, the fact that there's enormous amount of people in china and all open areas with people as well as animals and you've got bats and cats and pigs and birds, peter navarro wrote a book, the coming china wars back in 2006 and back in 2006 he wrote this, there's an overflow of animal and human waste in china, the result in, quote, cross pollution creates the soup of chemicals and virus that is now threaten the world with new and exotic influenza and other viruses and, of course, we were talking about sarsa and mers is another one, you're right about the who and that's certainly good news, but every day we've been coming in and the numbers are rising in terms of the number of deaths, now 26.
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real quick. dagen: a lot of the cases are older men in china, i'm not trying to downplay this but the reaction on the world stage has much much -- been much swifter, and sars was bat-borne illness, we have learned as a world, we have people at cdc at airports where people from china and asia might be coming into the u.s. looking for symptoms, that happened almost immediately. maria: just extraordinary, dagen, we had another incredible day, house democrats presentened arguments in the senate impeachment trial during second day of proceedings, watch this. >> it puts even president nixon to shame. president trump has placed his own own personal political
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interest first. he has placed them above our national security, above our free and fair elections and above our system of checks and balances, this conduct is not america first, it is donald trump first. if right doesn't matter, we are lost. you can't trust this president do what's right for this country maria: wow, dagen, reaction? dagen: i think that -- i saw an breasting editorial in the national review that they are riding this and you're starting to hear this more and more that impeachment, the idea that you mean peachment requires a crime, they are trying to push back against republicans are using that as a message, impeachment does not require a crime, the national review writes, but they said this, the republicans would do better arguing that in this
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case the president's behavior while objectionable should be left to the judgment of the voters directly and argument that has been the support of most voters in the polls and winds up with the senate republicans actual belief, it's going to be interesting, i love how you hear from the house impeachment managers and the democrats that the defense, the defense doesn't have defense yet, we haven't heard from the president's lawyers, this is going to happen over a weekend. it'll be interesting to see how many people tune in to those arguments, cipollone and sekulow, there were several state attorneys general who were arguing that what they're talking about does not align with theory of corrupt purposes, does not line up with
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impeachable offense. maria: also interesting to hear adam schiff that he's not doing nothing for the american people when in fact, that's the absolute opposite of what this president's platform has been, you know, he came into this job putting america first, talked about jobs, jobs, and if there's anything that he has focused on as a priority is creating jobs for the american people, some said we don't want this nationalism, it just doesn't even add up to what he's done over the last 3 years. >> the most damaging thing he said was in the first day of arguments where he essentially said and i'm paraphrasing that we can't leave this up to the voters, that we need to act now and what does that say to people about the value of their vote and is he shaming them, i'm so much more intelligent than you, lawmakers get to died this, not you, the people who voted him in
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the office in the first place, of course, i'm paraphrasing, there's a lot to read into from the comments from schiff and his ilk and house impeachment managers. maria: i think it's also important to mention the markets, verónica, markets hanging around record territory, i've had a lot off the record conversations with ceo's here and laterally tell you what the ceo's said about donald trump and appearance here, wait till you hear what they said, this market would not be on 29,000 on dow industrials if people thought the policies would be reversed. that i can tell you for sure, one of the reasons they are up if the public thought that this impeachment was going to mean a reversal of the trump administration policy, we will get into that coming up. meanwhile, short break, when we come back we have more details on the coronavirus more than 20 million people are on
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lockdown, officials working to contain the virus. we touched on several topic, boeing, infrastructure, carpool karaoke exposed, why people are causing people to lose faith in james corden. stay with us. ♪ ♪ and gain new perspectives. that's why we go beyond the numbers. t. rowe price. invest with confidence.
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people think my job is easy. you just go on tv and talk, right? well, each season there's over 1,500 players and hundreds of games... plus passing yards, turnovers, injuries... we have to be ready to analyze any of it, on live tv. if we fumble on air, that's a problem. ibm watson helps us wrap our heads around all that data, and quickly find relevant insights using ai. so we can give every fan the best show possible. ♪ ♪ welcome everybody to fox kickoff, i'm charissa thompson... ♪ ♪ maria: welcome back, good friday morning, let's take a look at markets, firmer tone, we are expecting higher opening, dow futures up 69 points, joining me right now bane cochair capital,
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steve, steve, good to see you. >> great to be here. maria: when you see a market that's where it is right now, you to allocate capital across the world in private equity business, do you say things are expensive, i want to keep away or i want to put money to work right here? >> well, we are peak for sure, the longest of expansions in the history of expansion, you have to say that we are close to the top, people said that last year. who knows, we are at the top end of the range we have ever seen. maria: tell me some of the investment that is you're making right now and where you see growth. >> in these markets we try to be disciplined and creative, disciplined an creative, we have done interesting things like backing richard branson to do new cruise lines, we are building 800 million-dollar ships, that's very unique and we think that's going to gain a lot of market share and first boat
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we will launch in april. maria: in terms of industries, look for value out there, where is it? >> well, we cover all the industries and it's more company specific, what do we think, how can you transform a company, founded on the principal that we can go in and have better strategies and many ups and downturns, so it's more about what can we do with the company and we try to stay away from kind of good stable companies with solid earnings growth but no breakout potential, so we look for companies with breakout potential, we found those in software security, blue coat has done very well for us and we found that in medical, we are investing $350 million to develop 13 central nervous system drug that is we bought, they didn't have the capital to bring them to market, we bought all the 13 drugs and put in company from scratch and built
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pharmaceutical company helped inroads and other diseases. maria: i love it, one of my favorite topics, what's going on in health care, i have to get to your celtics, they are on a role, you ran for the senate back in 2009 as a democrat, i have to get your take on the democratic party right now, i mean, is it -- is it still your party you feel like or are you hearing these attacks on wealth, these attacks on capitalism assort of changing the -- the makeup and the sentiment of the democrats, what's going on? is it still your party or what? >> i think we heard those attacks from both sides, attacks by republicans when mitt romney ran, the message i would say when you look at the history of private equity, there's a lot of misnomers and misinformation and you only make money in private equity, great firms unless they grow companies, if you don't -- if you don't grow companies, no
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one wants to paining multiple for a shrinking company that's going to go down, so our record has been a huge growth, if you look at the entire capital portfolio, for example, all of the companies we invest in 35 years, the average sales growth is 10% per year, that's double the stock market. maria: wow. >> and in the industry the large firms black stone, they've had great success, greatest successes in growing small companies into large companies. maria: right. >> that's the key. maria: i wish we were hearing that in camp taken trail rather than attacks on wealth. let's talk about your role, the captain's name last night for the all-star game, what are you expecting from the league this year and tell me behind the celtics, the last couple of games, anyway. >> amazing, we are excited about the celtics, young and experienced team, bringing walk the other boston has been a miracle and he's leading in all-star voting for guards, he's
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a wonderful person and sparked the team so his veteran presence along with the young guys that we have are competitive us every night and going the right direction, great coach, great general management, we are just enjoying the season, we are enjoying every night and it's good times in boston. maria map yeah, baby, rock and roll. >> how much do you spend on that than private business? >> 110% and nights and weekends i enjoy celtics performances, it's been rewarding and fantastic and great to be back with you after so many years. maria: it is, great to see you, nice to be winning, isn't it? >> it is, we've had record warm davos year. we love the product. thank you so much for joining us. steve joining us there, coming up my interview with u.s.
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transportation secretary elaine chao, we touched several topics from boeing, to infrastructure, live in the economic forum, we are back in 2-minute's time. sometimes your small screen is your big screen.
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where human beings should not go, so, for example, after a hurricane, after a forest fire,, you know, drones can be very helpful in scoping out the terrain and help immediately with inspection and examination and also laying out the plans that are necessary for rehabilitation recovery and rebuilding. maria: good for the military as well. >> absolutely, there's a big commercial space for all of us, drones are being used to, you know, look at -- inspect railroad tracks, nuclear power plants and as i mentioned in the aftermath of hurricane harvey, maria, and irma, they were very helpful. so what we are seeing now is that, you know, that there's an explosion of drones and right now we don't really have a way to identify them. maria: that's the other side of the story because i get the real positives for drones with regard to places that humans don't want
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to go, but when you're an individual, private individual you see drones outside of your window, there are security issues and even military, if you don't know whose drone it is, you have a problem. >> i think the military and law enforcement are very concerned with protecting the public and the country and they want some kind of identification program, so i announced that we have a new rule seeking public comment that asks about how do we deal with identifying drones, so we have promote pilot program, and this is to timely, at the time that i was announcing this at ces, some of your viewers may remember there were clusters of drone flying over nebraska and colorado and they were unidentified, now fortunately they were not harmful -- well, we are not quite sure yet, that's why we need to examine
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the need for having remote identification for drones. maria: if a person has a drone, they have to register? >> yes, everything over .55 of a pound has to register, seeking public comment is that anything that has to be registered with the faa needs to have the ability to identify themselves. maria: transportation companies using it, amazon is using drones, fedex, et cetera. >> there are legitimate public concerns about safety, security and privacy. maria: how long would this go? >> 60 days, end about march second, 2020 and we look forward to the public's input. maria: where is the regulation in terms of autonomous vehicles, when do you vehicle realistically you would see a autonomous vehicle on the road? >> we are not for one technology or the other, we are a safety
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organization, our number one focus is safety, but 94% of accidents occur because of human error and just think, autonomous vehicles can address that issue, autonomous issues can return mobility and freedom to people with disabilities and those who are aging who can no longer drive. maria: in terms of driving today, you can have some cars with humans drives and other autonomous, is it all the same? >> there's going to be a transition period, what if someone has a car that's 12 year's old and they don't want to give it up or 6 year's and they can't afford it. maria: a rule about that, you don't need to wait for everybody to have the same kind of vehicles? >> we will see it come on phase by phase, stage by stage, already we are seeing safety features, automated safety features in cars every year, more and more of it. maria: are we decade away in autonomous situation? >> the constraint to growth is
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consumer acceptance, if people do not accept these self-driving cars, then they won't get into them. maria: tell me about the department of transportation's lead on boeing, this is speaking of safety obviously, the company is hoping to get confidence back in the 737 max, what can you do in terms of ensuring that the public feels safe once again and what do you need to see from bowing? >> well, first of all, there's no timeline, our number one priority is ensuring the safety of, you know, of the planes, so there's no timeline, and we want to make sure that passengers are comfortable, we also have to deal with international aviation authorities, so it has to be in collaboration with the international aviation authorities, passengers have to feel comfortable. faa has the authority to unground these planes, they have traditionally and always been the standard for safety, that's what we we are focused on. >> what happened then at boeing?
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>> you have to ask boeing. maria: seemed like they tried to put a good face and want to get the plane back up in the air this year at some point, do you see that happening, what do you need to see from them. >> i don't have a timetable, neither does faa, we want to make sure that the plane is safe, that's our responsibility to the public. maria: how would you that? >> the faa is fact-base, they have a whole organization there whose job is to certify the planes and as for any kind of, you know, discussion or remark that they are too close, i think the recent e-mail communications have shown that the faa is actually independent and they do their job. >> let me switch gears to infrastructure, a year ago we were talking about infrastructure plan, obviously the vitriol in washington, nothing is getting done, where are we on that in your view? >> well, it's a really tough environment, i've been in public service in and out for a while
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and i think the current environment is very partisan, very, very poisonous. maria: last week speaker pelosi said putting proposals for infrastructure plan, is that realistic? >> to my understanding the republicans on the committee have not been consulted so i don't think that's a very good start, i think it's really important and the president has always said that we have to do infrastructure on a bipartisan basis. maria: good to see you, thank you so much. coming up next the corona virus crisis, more than 20 million people are on lockdown, officials are working to contain the illness, the very latest when we come back and then brexit or bust, the queen putting her stamp of approval on britain's exit from the european union, all those details next, then this, carpool karaoke exposed, why the new video is causing some people to lose faith in james corden, next up, right here.
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>> here again maria bartiromo live from davos, switzerland at the world economic forum. maria: welcome back, good friday morning, i'm maria bartiromo, coming to you live from the world's economic forum here in davos, switzerland, friday january 24th, top stories right now half an hour, the corona virus is spreading, cheryl casone with all the details in new york. cheryl: locking down two cities in central region, 8 others in effort to limit the spread of outbreak, the chinese lunar new year, one of the biggest holidays of the country is tomorrow and millions are expected to travel around the holiday throughout the country and 7 other countries confirming cases, more than 800 to have contracted the illness so far killed 26 people, well, some compelling system yesterday at the trial of former movie mogul harvey weinstein, one of his accusers getting emotional on the witness stand, sopranos
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actor said she was afraid in her life and described in graphic detail how he assaulted and weinstein forced herself inside her inside her apartment. the brexit bill becomes law in tk after passing through uk parliament, the split between the uk and the european union expected to be official at the end of the month, approval and rad occasion -- a twitter user up loaded video of justin bieber, los angeles on wednesday, if you can see here, he's behind the wheel but he's in the driving, the car is being pulled by a truck, well, the late, late show responded that cornen always drives but if there's a stunt involved they use the rig, i'm a little
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suspicious, back to you. maria: there you go, busted. thankthank you so much, cheryl. okay, we are looking at the state of the global economy this week here in davos and earlier in the week the monetary fund released global outlook for 2020 with the world's gdp to grow 3.3% this year versus 2.9% in 2019, driven in part by the recent trade deal certainty with china that easing global tensions, this is a slight trim from october 3.4% projection, joining me right now kristialian georgevia. we heard optimism about the u.s., tell us how you see things today? >> we see them better than 3 months ago, we are in a better place and for this 3 reasons,
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one very important, the reduction of trade tensions with the signing of the u.s.-china deal in particular makes the economy flow much better. two, central banks cutting interest rates. it has given half a percentage boost to global growth, 49 central banks in synchronized manner cut and 3, we finally see industrial production and trait technique out. so 2020, a better year than 2019. maria: you know, it's interesting that you mention interest rates as one of the main factors because there's a lot of debate about all of these interest rate declines, here in europe we have several countries that have negative rates, so do you worry that the negative
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rates ultimately have a negative impact longer term? >> we do worry that low interest rates and especially negative interest rates do create an intended negative consequences, first, buildup of that, we have seen with cheap money consumers, businesses, federal governments, now debt levels are at $188 trillion, secondly, and we worry about that even more with cheap money, the appetite for yields goes up with high appetite for yield comes also higher risk taking and that may come to bite us unless we are prudent and we work on reducing that risk. maria: i was talking with the
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head of the swiss central bank last night and he said, look, we have to keep rates negative until we see inflation, is that anywhere in the horizon? >> well, not for now, we are in low growth, 3.3% is not fantastic growth, low interest rates, low inflation and to what actually worries us the most low productivity growth. the united kingdom registered the lawest productivity growth in this last decade, only 3%, so policymakers and that's what you recommend need to think of more aggressive interventions especially to boost competition, something that the united states has been doing quite successfully and looking to using fiscal face so they can create more spending hopefully
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to energize not only growth but to deal with the low interest rates over time. maria: yes, right now you're seeing a very strong consume near the united states but for a little while the uncertainty around trade kept businesses on hold, do you expect businesses will start picking up the pace in terms of their own investment? >> well, definitely. that has been really a big drag on investments, uncertainty around the future of trade has delayed many investments in the united states, we have seen the average age of equipment to go up and that is certainly not good longer term, we actually calculate the cost of trade tensions and they amounted to 700 billion, now with the withdraw of the threat we expect investments to pick up. maria: were there any other surprises for you when you look in the global stage, what struck
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you most in terms of unexpected change? >> the most important feature of the world we live in is more and we have to learn to expect the unexpected. just look at the month of january, it started with forest fires in australia, we had tensions in the middle east, now there are talks about the virus that may be causing some concerns for the markets and we are not even by the end of january and i think that countries and companies that are more agile and this is where a prudent approach to regulation don't overdo it allow yourself the flexibility to respond is going to be advantageous. maria: are we in the first 10 days of your role at the imf? >> we are, indeed.
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maria: congratulations, you are one one of the women running the world and proud to say that for you, how is it going and tell us your priorities at imf? >> how is it going, i sleep less, work more and i love it. [laughter] >> my main priority to focus the funds on growth and jobs. we are seeing how sluggish growth affects sentiments and confidence not only businesses but ordinary people and i also want to see the funds that recognizes that policies are for people, that we always think carefully of the impact of our policy recommendations on everyone. maria: my thanks to kristalina from imf, renewed calls for the bidens to take the stand, we are
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taking you live to capitol hill with all of the happenings when we come back, big trucks and big fun, we are taking you to new jersey where monster trucks are gearing up for a major competition, stay with us right here. well, did you know pinocchio was a bad motivational speaker? i look around this room and i see nothing but untapped potential. you have potential. you have-oh boy. geico. fifteen minutes could save you fifteen percent or more on car insurance.
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♪ ♪ maria: welcome back, democrats wrapping up opening arguments today in the senate impeachment trial, president trump's team is poised now to mount their defense, griff jenkins live right now on capitol hill with what we can expect on day 3, griff, good morning. >> good morning, maria, final day for house managers to make their opening arguments, we are told they will talk about the second articles of impeachment, the obstruction of congress this as the man leading the charge, adam schiff makes a passionate plea to senators. >> if right doesn't matter, we are lost. if the truth doesn't matter, we are lost, no constitution can protect us, right doesn't matter anymore and you know you can't trust this president do what's right for this country.
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griff: in a milder jerry nadler after being admonished by the chief justice now comparing to watergate. >> the presidential stonewalling of congress is unprecedented in the 238-year history of our constitutional republic. it puts even president nixon to shame. this conduct is not america first, it is donald trump first. >> meanwhile democrats continue to demand witnesses, schumer saying 4 in familiar, john bolton and calls among some gop senators to hear from hunter biden, the binds but this talk of witness trade deal appears to be off the table at the moment, now tomorrow you will see the president's defense team take over, 24 hours over 3 days, but it's unclear they'll use all of that time but for now at 1:00 o'clock the senators as tired as they may be will be with nothing more than milk,
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water and fidget spinners courtesy of senator richard burr. maria: unbelievable, coming up corona virus, officials work to contain the illness, we are taking a look at impact, keep on trucking, monster jam truck competition in new jersey where we find kristina partsinevelos, kristina. >> maria, it's going down this weekend, i'm kristina partsinevelos, right after the break we will see athletes do some tricks and this weekend if you're in town you can actually see one of these massive 12,000-pound vehicles do a back flip, that's next.
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maria: welcome back, it is time the jam, monster jam, that is, drivers pushing competition skills wowing the crowd with seriously crazy stunts, kristina partsinevelos has more from the
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arena, kristina. >> maria, i'm actually going to call them athletes because they have to train quite a bit and i'm with one of them, colton, you're famous for something, what? >> there's a lot of things. i'm just kidding. we like to go out there and we like to go big, we like to roll in and tear it up, i've got maximum destruction in my name, so i've got to. >> you will be performing this weekend, how do you prepare for an event like this? >> there's a a lot of preparati, it's not just me, the team, i have crew guys that work on my truck all week long to make sure it's god and not break for the show and sometimes you can't prepare for the breaks and i have to prepare mentally, physically, working out, get ready for the show, it is a battle. >> it's clearly not very safe,
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right, these cars, these vehicles are 12,000 pounds, i read they cost $250,000 to make those wheels are 66-inches, so those, tell us something special about the car that you're driving? >> something is very special, the trucks are actually very safe, so i have full containment seat for just me. pretty good. >> that's one of your buddies in there, right? >> absolutely. he's one of my competitors, out on the track we are competitors and enemies, but backstage we are buddies. absolutely, we have shows anywhere, some weekends we can have up to 7 different monster jam shows in 7 different venues in different states or countries. >> one of the vehicles will do a
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back flip, thank you so much, best of luck for this weekend, one final word that you can say to fans watching? >> thank you, come and watch us, it's very sweet. >> i keep getting epic stories. [laughter] maria: i love it, we will be following it all morning, kristina we will follow your coverage, kristina partsinevelos joining us, we are live in davos, switzerland all morning at world economic forum, antonio gutiérrez is with me next live right here, back in the uniform, bull murray is ready to bust ghosts again, mornings with maria continues, stay with us. at fidelity, online u.s. stocks and etfs are commission-free.
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they don't. by empowering employees to manage their own tasks, paycom frees you to focus on the business of business. to learn more, visit >>announcer: live from davos switzerland at the world economic forum, here's maria bartiromo with a special edition of "mornings with maria." maria: welcome back. good friday morning, everyone. thanks so much for joining us,
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i'm maria bartiromo. coming to you live from the world economic forum here in davos, switzerland. where the biggest and brightest minds from are gathering this week. it is friday, january 24th. your top stories right now, 7:0. the coronavirus is spreading. we have the latest numbers this morning, plus rising tensions over impeachment, scorching testimony yesterday, renewed calls for the bidens to take the stand. the very latest from capitol hill. markets this morning are edging higher ahead of the opening of trading. we've got the dow jones industrial average right now at the highs of the morning, up 85 points, after markets finished the day mixed yesterday. but closed well off a of the lows of the session yesterday on wall street. dow industrials were down 26 points but the nasdaq was up 18, and the s&p was up 3. global markets this morning look like this. european indices right now also seeing a higher performance. the fq100 in london is up 124 points, one and two thirds
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percent. we had the ecb meeting yesterday, of course. the dax in germany is higher by 192, 1 and-a-half percent. in asia overnight, only japan and hong kong were open. markets in china are closed for the lunar new year. as you can see, there were fractional moves in japan and hong kong. all those stories coming up this friday morning. joining he me in new york, fox business' dagen mcdowell and the host of the pod cost, secrets of wealthy women, veronica daggerrer. great to see you. dagen: great to see you, maria bartiromo. maria: we've been covering this incredible story, the chinese government taking steps to contain the coronavirus. let's get to cheryl casone with headlines. cheryl: officials hoping to stem the spread of the virus right now. they've closed many top tourist sites across the country inned clouding shanghai disneyland and portions of the great wall of china. estimates projecting the virus could reduce china's growth by
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nearly 1%. seven countries confirming cases, 26 people confirmed dead. well, jp morgan morgan chase rewarding jamie dimon for a strong 2019. he was given a 1.6% raise, putting him at $31.5 million. his ken station package includes $1.5 million in salary, $30 million in performance based incentives. 2019 a banne banner year for th. well, a large explosion we're following this morning, this is happening in houston. it was felt by thousands. this is an early morning explosion. the reports we have so far suggest this happened in an industrial area of the city. officials are warning there could be a secondary explosion. there are risks to the surrounding air quality. no details yet on what may have caused the blast. many going to social 3450e media saying they heard a huge boom in the middle of the night. and bill murray is suiting up
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for one of his most iconic roles. he's going to be in ghost buster afterlife, the fourth installment of the franchise. his fellow stars are going to also reprise roles. harold ramos will be missing, he died in 2014. the plot is not known. it will take place 36 years after the original movie, maria. expected to hit theaters july 10th. ghost busters, 36 years ago, maria. wow. back to you. maria: wow is right. 36 years. thank you, cheryl we have been covering the coronavirus all morning this morning. it is now a worldwide illness, cases have been confirmed in several asian countries and the united states as well. there was a case in washington state. so far here are the numbers, 26 people confirmed dead. more than 800 others diagnosed with coronavirus. joining me now is the united nations secretary general,
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antonio guterres. good to see you, sir. thank you for joining us. >> great pleasure to be here. maria: i would like to ask you your reaction to whether has taken you're talking about the city of wuhan in china, 11 million people, five times the size of london, just for context. these three cities being shut down. your reaction to what has taken place? >> i think in the beginning there was not a clear perception about the seriousness of this disease. to the extent that it was not declared a global health emergency. it was intereste considered to e essentially in china. now, obviously for me that the chinese authorities have the perception that this is a very serious thing and they took very tough measures and so at a certain moment we will meet, there is a panel of experts that deals with that. we will probably need to reconsider whether or not this needs to be dealt with as a global emergency. for the moment, i think it's important that the chinese authorities do everything needed to contain the spread of the virus. maria: i know that the world
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health organization is working on this. of course, you have seen your share of crisis, having taken office in 2017, witnessed the suffering of most vulnerable people on earth in refugee camps, in war zones. so what do you want to tell people who are diagnosed and those people who are worried about this getting airborne in terms of traveling, the airports, et cetera. >> well, as i said, i don't think there is a lie a reason fr people not to travel, generally. i don't think there is a reason for people to completely change their way of life. we are not yet there. what we need is to be very attentive, see how the chinese authorities are able to manage it in the near future, and if it becomes a global emergency, then more tough measures will have to be taken even at the global level. for the moment, i think it's important to -- not exaggerate
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the dimension but also to be very, very, closely following the situation. maria: you make a good point. but you've got the u.s., japan, putting some travel restrictions, people are trying to take as much cautionary measures as they can. what about these pictures, the world has been stunned by the pictures out of the tragic wildfires in australia. three american firefighters were killed in a plane crash while helping fighting the fires, at least 31 have been killed in the fires as well as as millions of animals. we know that arson is being talked about as well, people were arrested because of arson, but others are blaming climate change for the heightening crisis. this has been your initiative for a long time at the united nations and of course the climate has been one of the key topics spoken about here in do versus. >> this is -- davos. >> this is something that i feel very strongly emotionally. i come from -- my family comes from a region in portugal, we have lots of pine tree forests
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and forest fires have been terrible. i remember two years ago we had more than 40 people being killed. so i mean, i feel a lot the suffering of the australian people, those that have died, those that have fleed, the firefighters that were killed. i mean, dramatic loss in animal life. maria: terrible. >> i mean -- maria: do you think it was arson? people were arrested for that. >> in fires, you have always a combination of things. sometimes we have arson, sometimes we have natural. and one thing that is clear, people discuss about climate change, there were fires forever. climate change is an accelerator. we have hurricanes that are more frequent, we have droughts that are bigger, more frequent, cause more dramatic impact, forcing populations to move and now we have fires. if you look at the fires we had in the arctic, in siberia, in greenland, and in canada, i
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mean, this is becoming a huge problem and the climate change is of course accelerating. as things are recall warmer, as are drier, the fire is more intense and more dramatic. maria: we are seeing corporate ceos react to what you're saying and try to shift their business principle as a result of all you've said. i want to turn to the middle east. we've seen heightened tensions with iran in the middle east, iran is vowing further retaliation after the killing of general soleimani. president trump says he plans to make public his middle east pean before meeting with benjamin netanyahu. front page of the financial times this morning, the un is calling for urgent probe into alleged saudi role in the phone hacking of jeff bezos. what can you tell us? >> in relation to the last point, this is information that was made available to two independent experts of human rights council. i think the independent experts
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seized this material, they produced the report and that report is now well-known by authorities and by the different un bodies and of course anyone should look at it seriously and in the framework of competencies that anyone has to see what can be done, in order to this, this is a clear human rights violation, not to become the new normal in the life of our societies. maria: what can the un do specifically about the you human rights of women in the middle east? >> well, we have done a lot. we have been advocating a lot for gender equality at all levels. in the middle east, just to give an example, one of our campaigns has been in relation to the right of women to convey nationality to their children because in several countries only the fathers can convey the nationality. we are absolutely ad plant that women -- adamant that women must
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have the full rights of life in all areas of society and we have been quite active on this. one of the most important reports thats was produced on that was by unvp on human development in the middle east and it was a clear alert for the middle east, the fact that women do not fully participate in economic, social and political life is a major loss that largely contributes to explain why that region is a region with less peace and less development than what it should have with the huge resources that exist there. maria: thank you for taking that question and addressing it. i should have said women, the gay and lesbian community, i mean, there are other groups as well. >> lg -- maria: exactly, in the middle east. >> everywhere. i mean, one of the things, for instance, as secretary general, i have stuf staff all over the . one of our clear orientations is to guarantee that all our lgbti
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staff enjoys full equality of rights and nondiscrimination. i have to tell you, in some countries it's not easy. maria: i'm glad to hear you say that and we will be watching you. thank you for your leadership. >> it's a pleasure, thank you very much. maria: good to see you. coming up, next up, fisa bombshell, the department of justice admitting a major flaw over the surveillance of carter page. we've got details coming you. from baseball to brewing, alex rodriguez trying his hand at a new business, what he's doing, right here, next up.
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take your business beyond. maria: welcome back. well, another embarrassing blow to the leadership of the fbi, at least two of the fbi's surveillance applications to secretly monitor former trump campaign advisor carter page lacked probable cause. the assessment released yesterday by the intelligence surveillance court, we know for sure from the fisa judges that
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they surveilled carter page unlawfully. dagen is in new york and dagen, you and i have spoke ebb about this -- spoken about this over and over again. are we going to see accountability here. dagen: the wall street journal has an editorial about this, cleaning up after comey. this is something that we knew. again, these were warrants sought by the fbi that were based in a large part on false information from christopher steele, who was christopher steele ultimately paid by? the hillary clinton campaign. it is an outrage and andy mccarthy said this over and over again. this was an a abuse of surveillance powers used by the fbi and the intelligence communities, by extension, to protect the united states. to protect the united states and its citizens and its residents from terrorists. so what do you do when you abuse
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these powers? the american people would demand they be taken away. this is one of the reasons the backdrop of the impeachment trial is this, is that there was corruption within the fbi to prevent donald trump from being elected president and then to kick him out once he took office. that's why the needle hasn't moved on support for impeachment. i look at it every morning. it's roughly 10% of republicans want the president removed, usually below 10%. that's why all of this is not changing the way people feel about the president and the corruption within the government. >> that's why also the market's not even -- maria: right, because -- >> i'm sorry. the market's not even reacting to the impeachment trial. right. i don't know if anyone's watching. we're looking around and saying there's no new news coming out of washington at this moment. if you look at the dow, everything is focused on the coronavirus right now, not focused on impeachment. and i think that says a lot. maria: right.
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because people know what happened in 2016. we have put a spotlight on this. and we are going to continue to spotlight it until there's accountability. it's not about donald trump. it's about fairness and the constitution. dagen: i want to point out. maria: jobs in america is next. dagen: will there be accountability. the answer is yes. i will let you follow up on that later. maria: yes. yeah, no, i know there will be. we've got a criminal investigation underway by john durham and let me tell you, it would not be a criminal investigation unless they thought or suspected there was criminal activity. when we come back, labor secretary eugene scalia is here in an exclusive interview. we are going to talk about jobs and we are also looking at a new cyber threat, scammers using text messages and fed ex to take advantage of you. all the details after this. ♪ life changes. ♪ you can't stop it, just hop on the train. ♪ you never know what's going to
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maria: welcome back. the u.s. unemployment rate holding steady at a 50 year low. the trump administration pointing to economic policies put in place over the president's first term that was one big issue that i spoke with the labor secretary, eugene scalia, about in this fox business exclusive. tell us what you're focused on here in davos. >> well, as you know, we are enjoying an extraordinary economy right now with unemployment at a 50-year low, wages are rising, we have new trade deals that will do well for continued economic expansion. so we're talking about that.
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maria: let me ask you about the jobs numbers on average. what would you say we're going to average in terms of job creation in 2020? >> look, we've been right around 180,000 a month for some time now. i think that's a good number to hit. and when i look back in 2016, here was the projection. it was that we would add 1.9 million jobs by now. they said from summer of 2016 until now, the congressional budget office said 1.9 million jobs. we've added 6.7 since january 2017. maria: isn't it fascinating in the last jobs report we learned that today women hold more jobs than men. is that right? >> in the bureau of labor statistics numbers that we have that are focused particularly on the private, nonfarm payrolls, that's right. maria: why is that? >> it's a great sign. i think there are a number of
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factors. one is they employers i think are trying to bring more people in to jobs and into nontraditional jobs because when you have unemployment as low as it is, wages rise. we know that. but employers look elsewhere for workers. so construction, and manufacturing both, when i speak to executives, one of the things they're doing is trying to bring more women into the workplace. maria: it's interesting, because at the same time you've got a dike ot dichotomy with me. during the financial crisis back in 2006 and 2007, white collar jobs got crushed and men were really the ones getting impacted there. so as you see women moving up, you also see men moving down. >> well, i think that men are doing very well in this economy too. maria: they've come back since 2006. >> i'll all boats are being -- all boats are being lifted right now. there's been concern about what we call the labor participation rate, how many people are on the sidelines because the
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unemployment number we hear most commonly, the 3.5% number right now, that measures the people looking in the last four weeks. we're seeing more people coming off the sidelines, including -- and really very importantly, people in the prime working years of, say, age 25 to mid-50s. maria: let's talk wages. wages are another really good story here. i want to know your take on the bottom earners, because those are the earners that are seeing the biggest increases in their wages, correct? >> yes. look, the end of the obama administration, what we saw is wage growth for the high wage earners, slower wage growth for the low wage earners. we flipped that in this economy. so that production, nonsupervisory workers are seeing their wages rise faster than their bosses, which we haven't seen in a long time. maria: is it fair to say income inequality is narrowing? >> it's abs a lieutenantly narrowing -- absolutely narrowing. that's what the data is showing.
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again, it's a result of policies that president trump ran on, that he said would have these effects. and a we're here in davos talking to foreign leaders about the changes we made here which we would love to see pursued globally. maria: what are those things you would like to see happen globally in materials of continuing this move? >> well, look, i think that deregulation has been so important to the economic growth we're seeing in the u.s. right now. i think that the business leaders here, they see that. they recognize it. and i think other countries can look at the model that president trump has set and find ways that they too can reduce the burden on business with the goal ultimately of helping workers, bringing more in and providing them jobs and as unemployment gets better all the time, wages are going to go up too. usmca, i think the president said the other day that,
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changing nafta may have been the single most important factor for him running for the presidency, because he saw american jobs drifting aaway. heed to bring them back. usmca will be key to doing. maria: how do you ensure our workers today have the proper skill sets to compete effectively in this new economy where you have a.i. and quantum computing and all these things five years ago people didn't know much about. >> it is a key thing for us to address, how we do it, i think in part by bringing business more into the role of training workers. maria: the owners should be on corporations to train people. >> they know better than i do, the department of lay r bore, what job -- labor, what job skills are needed, they know what job skills will be needed in a few years. what i want to do is incentiveize employer based training programs, like you apprenticeships, which have been a focus for the president and
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the senior advisor, ivanka trump. maria: with ar are we seeing e people reconsider college? >> i think we should be. a four year degree is the way to go for many people, but not for everybody. you come out of an apprenticeship program and the average wage is $70,000 a year once you complete an apprenticeship. maria: thank you for joining us. >> thank you. maria: good to see you. maria: monday, we are one week from the first votes being cast in the 2020 presidential election cycle. we'll take you live to iowa. tuesday, super model turned business mogul, kathy ireland reveals secrets from the fashion jungle. wednesday, food delivery apps are promising convenience but at what cost. thursday, amazon opens up your home to stranger as the tech privacy debate rages on. one hacker explains how. and friday, we are live from the scene of super bowl liv. "mornings with maria" takes miami, that's all right here on
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>>announcer: here again is maria bartiromo, with a special edition of "mornings with maria" live from davos, switzerland at the world economic forum. maria: welcome back. our top story this half hour, chinese officials are looking to stem the coronavirus. cheryl casone with headlines right now. cheryl: yes, marie ar maria. chinese officials are building a field hospital at the epicenter of the coronavirus outbreak in wuhan, amid reports that hospitals are overwhelmed and forced to turn people away. hospital officials are making urgent appeals for help. they need masks, they need gloves and disposable scrubs to deal with the influx of the sick. 26 people are dead from the virus, more than 800 cases have been confirmed in seven countries including the united states. watch those text messages, if you get one that looks like it's from fed ex which asks you to set your delivery preferences, you need to delete it.
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the bogus text uses your real name but links you to a phony survey. yofed ex responded, said they would never send text messages or e-mails asking for money or personal information. retired baseball player turned businessman alex rodriguez joining the beer industry. he is purchasing a minority stake in dominican beer presidente. he will serve as the chairman of the president. the majority owner is anheuser-busch. a-rod corp. includes real estate investments, fitness studios and numerous technologies companies. he is everywhere. those are your headlines from new york. maria: very nice to see that transition to entrepreneur. thank you so much, cheryl. well promises kept president trump will reportedly sign the
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usmca trade pact with canada and mexico this wednesday, the nafta replacement has been one of the president's major objectives throughout his time in office, certainly, and it mirrors the president's push to lock down a trade deal with china which will also be a key facet of his re-election campaign. joining us right now is aflcio president, richard trumka, a he key decision maker in the usmca talks. good to see you. thank you for joining us. there was a while there, when we were saying when will the usmca come to the floor. the worl word behind the scenest was richard trumka, he doesn't want it signed yet. is that true? >> when the agreement first came back, we had several problems with it. one of the major problems was, it was a totally unenforceable agreement. another one, it had give-aways to pharma and bad things on the environment. so we started negotiating to try to make it better. it took us a little over a year but we finally got to the point
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where we got an agreement that is not only enforceable but it's effective for labor and it took away the give-aways they had for big pharma and the other things. maria: tell me about the enforcement and in terms of labor, what labor gets from this. because even before the tweaks that you wanted made, you still saw it as better than what was in place, nafta, right? >> when it came back, the labor section, chapter was better, a little better. but it was unenforceable. an unenforceable agreement is virtually useless. we had three levels of enforcement that we were worried about. one, the mexicans used a thing called protectionist contracts to keep wages artificially low. the agreement made them change their labor laws, which they did. but we were worried that they wouldn't enforce them. they wouldn't have the wherewithal to enforce them. there was nothing on that in the original agreement. now we have -- we increased that. we have monitorships where we can send monitors into mexico and actually make sure they're
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living up to their part of the bargain. maria: okay. >> the second level of enforcement was as you know, a trade agreement is enforced by a thing called the panel. it's like an arbitrator. the first agreement when it came back either party could block a panel. so you could never get a decision. that was ultimately eliminated. and the third part was, remedies in the past would take up to 10 years for you to get something done. in the meantime, they were violating the trade agreement for those 10 years. now we have a procedure where it will be six months in length and at the end of the six months if they violate the agreement we can stop their products from coming into the united states if they were produced in violation of the agreement. maria: i'm glad you're happy with what you have in front of you. the president will sign that into law this week, it's a huge victory. another victory has been some of these policies. your members, the unions, have to be happy with unemployment at 50-year low, with the fact that wages, the bottom wagers, the
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bottom earners are seeing wages go up. this is a positive. you heard labor segment eugene scalia say it, income inequality is narrowing, yes? >> no. income inequally in the u.s. and around the world is increasing dramatically. our economy is on a trajectory towards implosion. there are several things that can increase the trajectory or decelerate it. technology is one. climate change is another one. but inequality when you talk about it, maria, there are three facets to it. inequality of income, inequality of opportunity and inequality of power. until you address inequality of power, you're never going to be able to get inequality of income to close that gap. maria: i like what you said about inequality of opportunity because that's what most people want. they don't want a give-away. they want an opportunity to work. >> absolutely.
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maria: that is what ivanka trump is doing right now and a whole host of companies, they're talking about apprenticeship, saying the onus is on companies to say let me train you on a.i. and quantum computing. what do you think about the whole deemphasis on a college degree and em a tak emphasis on apprenticeship. >> we have more apprenticeships than anybody else. other than the u.s. military, the labor movement educates more people every year than any institution. we stigmatized trade schools and apprenticeships in the past. sometimes we say if you don't have a college degree you're a failure. that's not true. apprenticeships, trade schools can give you the skills you need to make a good livings, contribute to society and increase productivity for all of society. our apprenticeship programs are the best in the world.
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maria: do you members buy into that, richard, you've got to explain to our audience u.s. union membership hitting a record low. >>actual.>> actually, last yeae number of people we covered was up but we were down a little bit. we organized 250 you thousand nethousand --25 # 250,000 members last year. we did lose a little bit of membership. mit did a study and found out that 60 million americans say they would join a union tomorrow if given the chance. our po popularity is at a 50-yer high. people know they have to have a voice on the job, they can't get it done relying on anybody but their sisters and brothers working beside them. maria: you have to be happy with president trump's focus and emphasis on jobs. >> jobs are always good. maria: he's doing a good job then. >> it's the quality of the job. we still have the inequality gap. maria: we will leave it there. love to have you on.
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thank you for joining us. richard trumka, afl- cie. we'll be right back -- cio. we'll be right back. ♪ 1 in 3 deaths is caused by cardiovascular disease. millions of patients are treated with statins-but up to 75% persistent cardiovascular risk still remains.
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maria: welcome back. from davos. well, the head of the nation's largest retail bank is expecting a strong 2020. here is bank of america ceo brian moynihan earlier this week. let's talk banking and the economy. you have such a great vantage point in terms of how we're doing, the largest retail bank, retail to consumer.
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tell me how the consumer is looking to you today. >> well, starting with last year, just to get people a point of reference, it grew about 5.5% to 6% over the year before which grew at 8.5% over the year before. you had two strong years of growth. this year we're seeing consistent with last year and the good news, during '19 each quarter got stronger. across bank of america, consumers in 'a 19 there was $3 trillion of money spent on credit cards, debit cards, checks out the door, bill payments, things like that. growing at 5% plus is consistent with a 2% plus growth in gdp in the united states. when you look back, 8% was 3%, 5 to 6%, a 2% level. so we feel very confident that the u.s. economy is on a good plane. maria: tell me about the consumer in terms of their balance sheet, in terms of paying back loans. does it feel like it's a healthy situation. >> well, in the prime space where we concentrate, our delinquencies have been five years, our charge-offs are
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around 40 basis points on a core basis. the delinquencies are down. so the prime borrower is in very good shape. why, because they're employed and wages are rising. housing is in a good place right here, there's a an undersupply of housing and it's hard to build because of wages. remember how many people are involved in a house build. it's all local. you can't import a house. maria: housing is strengthening right now. >> we feel good about housing, we feel good about the card business, the auto business, all in the prime space, the consumer. as we watch originations, the quality is as strong now as it was a couple years ago and that's good. maria: aren't the auto area -- the auto area is shaky when you look at auto lending in some corners, maybe not prime. >> we made a commitment to responsible growth many years ago. we stay in the prime space. that's consistent with our brand, our capabilities, how we
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think about consumers and stability of our company and ability to earn through any recession. maria: how much are you spending on technology, tell me what it has gotten you. >> in the decades i've been ceo, pure technology code has been $35 billion. some of that that goes to doingk that upgrades the systems, we've upgreated all of them over -- upgraded all of them over the past 10 years. some comes from feature functionality, mobile banking, we put a billion dollars over the last decade of spending to make it better and better and increase functionality. importantly, be secure and to scale. maria: i think that's the important point in terms of scale, because that's why some of your competitors, the regional banks are being forced to merge right now, being forced to either create their own scale or they'll die because of the strength of b of a, some of your competitors, jp morgan as well. are you expecting more regional mergers? >> as a person who spent --
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starting in the early '90s and even as a lawyer before that -- maria: you lived it. >> this is what i did the wonderful thing to run our company now, compared to the prior companies, we can't do any deals. i can't think about that it's illegal to consolidate through acquisition. maria: you can't add to your deposits. >> exactly. the investment banker, the old m&a guy, the consistent l some days power is -- consolidation power is there. you saw meaningful deals with the transaction last year and the first horizon, there's deals happening. those are always tricky. it takes the stars to align. the fundamental reasons to do it are there. that's the schwab transaction, about building more scale. maria: what about the pressure coming from something like a schwab merger. you see vanguard dropping fees to zero, schwab dropplin doningo zero. how does that impact your business.
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>> it grew, i don't know, by $40 billion in the last year in terms of flows, 24 billion of flows, it's a great business. we're big in that business, adding a lot of eats. -- assets. we have a consumer business, for investment for the general consumer that is merrell edge. for the wealthy consumer it's merrell and the private bank. what makes us unique as a competitor, we have all of it. maria: tell me about the fed. when they came out with the stress tests people were thinking it's too much capital we're putting aside, it's too much in terms of these aggressive predictions. but in the end, i think it's actually been helpful. >> i think going back to the crisis and being here and talking to the global regulators and we would have meetings in rooms where everybody was waiting outside, to think if we thought of something somebody hadn't thought of, all these very smart people. reality, leverage, ill preparedness for recessio recese
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the two big issues. the stress tests show you what it will be like to hit a recession and go through it. maria: what kind of year are you looking for. >> another good year, 1.7% gdp growth, little above 3 around the world. there's some risk to the upside, the trade situation, think about usmca, think about china, think about -- there's trade dealing falling in place, more business certainity and we need business -- they're coming back off the bottom in terms of investing. they went down. they still are positive, still growth but slowed down. now we have to get back in. the certainity around that will be helpful. i think the election cycle will create interesting questions, always does. maria: do you have plans, what are your plans in terms of merrill lynch in london and the u.k., given the brexit situation. >> we didn't wait for them to figure out the final because we couldn't. we moved our brokered dealer activities in europe to paris and we moved our bank activities
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to dublin and then we have our london based activities that are still there, it's a branch of the u.s. bank. so we're done with that. maria: tell me about what's most prevalent among your clients. >> everything. maria: they want to do everything online. >> everything online and everything personal. our clients in consumer wrote 700 million checks last year. it was down 10%. the dollar volume was up. all the checks are going through the system. foreign countries, they don't know what a check is. we write them in the united states. the mobile interactions are growing at 15, 20% a year. the number of mobile customers grew 10% a year, which is growing off a huge base. maria: you made an important announcement in terms of sustainability. tell me where you're allocating there. >> we are carbon neutral today. we got there the end of last year. we're already there. and then the second major commitment is we've always had environmental commitments in terms of business, in terms of generating business, green bonds and financings and solar
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installations. so we had committed 125 billion about five years ago for 10 years. we finished it in four. and so we said okay, let's figure out where we're going next. the next ten years we committed $300 billion of environmental funding, financing to make the transition happen in a rational way. we're helping finance solar, wind, and also other types of technologies that are making even the current fossil fuels more efficient and effective. that's good for the environment mmf you made the commitment -- maria: you made the commitment to raise the minimum wage. you're at 20. >> i talked about growing $17, 18, 20 over two years. we said the pressure on us to get the great people we need to be the company we want to be we went to 20. this quarter, in march, all the teammates at bank of america will start at 20 or more. even if you're a summer intern, a high school kid, you start at 20 and go up from there. maria: fantastic. brian, thank you.
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my thanks to brian moynihan, ceo of bank of america. stay with us, a lot more to come right here. back in a minute. if you need lumber wood, lonnie's is better than good. we got oak, cherry, walnut, and more. and we also have the best selection of plywood (clattering) in the state... hey! (high-pitched laughter) man: dang woodchucks! (wood clattering) stop chuckin' that wood! with geico, the savings keep on going. just like this sequel. 15 minutes could save you 15% or more on car insurance.
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maria: get ready to monster jam. monster truck drivers competing for top honors, wowing the crowd with some seriously crazy stunts. kristina partsinevolos is at the prudential center getting an upclose work. good morning. >> reporter: this is a great way to start the morning. it's not just some tricks. we're going to expect a back flip here this weekend in knew new jersey. for those that might miss out, next weekend too you can see it in long island. i got one of the first female drivers, kristin, thank you for joining us. tell me, this runs in the family. you've been doing this for four seasons. you're 22 years old. your dad has been involved with the grave digger for a while? >> my daddies dennis an deer --
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my dad is dennis anderson. we're celebrating almost 40 years of grave digger this year. i have two older brothers that are involved in monster jam. family tradition, we're all monster truck drivers. that's what i'm out here doing. >> reporter: this is amazing. i know there's over 100 -- you were telling me 100 athletes but only 20 women that do it. how does it work with you? how do you prep? how do you get involved? how much are you training? >> so i am the only female driver that's on the grave digger team. there's about seven drivers total, six males and me, and on a tour we'll have two females to a tour. this tour's got eight athletes on it. but it's kind of very physically enduring, especially the triple threat series. we change from the monster truck, to the speedster to the atv. we're always doing changes in our gear, we're running around, running back stage. it's really important that you stay hydrated, doing cardio, lifting weights. having a strong body will also
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help protect you in the truck a lot better too. >> reporter: some of these drivers are literally doing wheelies an nose -- i don't know the terminology. these weigh a lot, 12,000 pounds, cost 2 $250,000 o make, the wheels are 66 inches. it's not a small machine at all. can you just preview what we can expect from this weekend from you? >> well, i definitely tell people if you've never seen monster jam or monster truck live, only on tv or youtube, you have to come out and see a live event. ism going to hold it to the floor. i'm going to drive wild like my dad did. i'm here to carry on his legacy. that's what the andersons do, we throw it down and free style. i'm here to win. just because i'm a female doesn't mean i'm not a tough competitor. >> reporter: that's how we're going to end it. that's an epic way to end it. thank you for joining us. we have another hit with another driver coming up in the next hour. back to you. maria: all right. we look forward to it, thank
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you. kristina partsinevolos. quick break and still you head, illness is spreading, the very latest on the highly contagious coronavirus that's left at least 26 people dead. all the latest details when we come back, right here, "mornings with maria." and etfs are comm. and when you open a new brokerage account, your cash is automatically invested at a great rate. that's why fidelity leads the industry in value while our competition continues to talk. ♪ talk, talk while our competition continues to talk. oh, your she's landed.ed. and she's on her way to our house. what. i thought she was coming next weekend. i got it. alexa. start the coffee. set the temperature to 72. start roomba. we got this... don't look. what? don't look. lets move. ♪ mom. the lexus es, eagerly prepared for the unexpected. lease the 2020 es 350 for $389 a month for 36 months. experience amazing at your lexus dealer.
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vindicateplan. . live froms switzerland. >> good friday morning. thanks for joining us. i'm maria bartiromo, coming live from from world friek forum in davos switzerland biggest, brightest from cross the political business world at davos 8 a.m. on button the coronavirus spreading death toll up to 26, now travel is restricted for 35 million people, we have the very latest on the lockdown of certain cities in china, rising tensions over
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impeachment, scotching testimony renewed calls ford bidens to take the stand latest from capitol hill markets higher this morning, ahead of open we are expecting a firmir tone this morning once again near record territory down -- up 38 points, nasdaq up 28 s&p up 7 and one half markets finished mixed yesterday, he closing well off the lows of the day, but, nonetheless, we have had dow negative 26 points lower nasdaq up 18, s&p 500 up 3 1/2, global markets this morning like this, about european indices are higher across the board, plus with european central bank yesterday ft 100 up 123 points one and two-thirds percent cac quarante in paris up 70 points that is better than 1%, dax in germany up one and a half percent we did have purchasing administration index out of germany this morning that is helping this market certainly strengthen better than expected shoegs on
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manufacturing asia overnight japan hong kong open market about in china closed for lunar new year a fractional move in japan, and hong kong. cracking down on counterfeit trump administration laying out plans to combat feignings, joining me to break it down fox business dagen mcdowell, and "the wall street journal" wealth management reporter host of podcast. >> good to see you. >> good to be here. >> you know i promised our audience that i would tell everybody, what conversations i had off the record, with certain ceos, what i want to tell you is what i heard about the focus on donald trump. how it was different a different tone, so i am going to tell you what certain ceos told me, what they feel about the president, today, versus the first time came to davos two years ago the audience will want to hear that i will get to that when we talk with
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ian bremmer in a moment we are focusing on coronavirus 62 people dead more than 800 have been infected by mysterious respiratory illness cases con in a minute or in several asian countries united states one person ineffected in washington state chinese firldz restricting travel for 35 million people, residents say they are not receiving proper treatment in hospitals, if able to even see a doctor at all. >> the world with health organization, not yet calling the outbreak a global healthy emergency let's talk where this is going what kind of unknown this represents for the world, with one of the leaders in terms of predicting these chiengs eurasis group president, ian bremmer here always great to see you. thank you for many here once again in davos when you see the coronavirus you obviously, don't though he where this is going you have a keen sense of what these kinds of things, mean for the economy o global
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how do you see it. >> i would -- the problem is chinese government has lack of transparency there are a lot of incentives for leaders inside the communist party to not provide the full extent of bad news to the hierarchy, and as a consequence they under count now they have more experience now than they did with sars a lot more hospitals now than before, but still, you know the fact the world healthy organization was defied a couple days ago with whether or not a disaster now saying it is a disaster, you know, the news is moving quickly, i wouldn't panic he if you are living outsideshine but inside china this is going to scare you, because you don't really know if you can trust what the government is actually saying. >> one issue is that hundreds of millions of people, are going tooep traveling tomorrow. for the new year, holiday in china, should people be afraid to get on planes right now? that this is going to go
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airborne. >> i don't think they should be afraid it he is going airborne should be afraid if they go to china it is possible, the city they are in could get located down, movements could be more challenging, right, that is the point, is that this is a few days ago, this was you know, news item number 7 number 8 for most chinese networks should have been number one, today they are taking more seriously, but i just don't feel comfortable that we have transparency around how far this virus has spread. >> let me switch gears because you and i have been coming to dw davos a lot of years two years ago president trump came here president first time two years later i feel a different tone i want to share what i have heard from ceos off the record comments i wrote them down one major ceo in the technology, i don't know how he did it but he did it i love his policies another one things feel great 2020 looks
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strong, the economic policies in place are working. we have adapted to his approach, says another the way he says things, fine we know how he is going to say it the bottom line is the policies are paramount. i have not had the negativity that i saw two years ago ceos today are saying i may not agree with some things the president says, but i agree with what he has been able to do. and i love his policies do i not want them reversed, i've gotten incredibly positive feeling from executive directors about this president, on this trip, what us do. >> i generally agree with that let me break it down number one on trade two years ago much concern trump only forced on devastate going to break relationships pulled out of the partnership every ceo hated it today usmca phase-one deal u.s.-china you say both sides have moved back from the
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brink-u.s. europe so company executives feel pretty good that trade is working with their interests, as opposed to working against their interests, number two. climate. all about climate this year no question a couple ceos made big meaningful steps to manage a difference but average ceo behind-the-scenes, is nuch closer to trump's agenda on climent than greta, that is the reality maybe bad for planet most world may disagree but when you come to tw davos different story people with represented what long term trump represented a couple years ago nobody thought growing as strong as it is now the rejoinder to that is 2% growth, with trillion dollar deficit and tax benefit for the country and corporates would you like growth higher most economists say u.s. underperforming given all that
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still corporates feel good the average attendee think trump is going to win in 2020. >> bottom line. >> no question i would say less uncomfortable with that than they would have been particularly more comfortable than they would be with any democrats on progressive said i heard across the board. >> me too. >> he was a little surprised you have to understand that is where business community -- >> ceos two years ago were outraged did not know what was going to happen, with donald trump running the largest economy in the world. the most important and today they are telling me, we cannot have this o policies reversed to dagen mcdowell in new york for the a second she termed this spot-on, a while ago when she said this is personality versus policy, that is the bottom line dagen because here you've got ceos, saying you know what? i don't want these policies going away, that is why they are all thinking it is working
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we want him to get reelected, these are people who are democrats, were against him two years ago. dagen: lowering corporate taxes lowering individual taxes, massive deregulation, making sure that we have a safe and sound energy policy, that has made united states number one, of petroleum producer in the world the swing producer we control prize again that changes, the safety and security of where not just countries but companies get their energy supplies. and then his reodded -- reordered world trade to look at china and say, maybe i need to move thie prediction somewhere else. he is doing deals with china, canada, mexico, japan, and now focused on europe and again they know that as ceo that the president has your back. he might they don't care what
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he says on twitter they care about what flows right to their bottom lines, what creates prosperity, again we do back to rising this rising tide is lifting all boats, gallup came out with economic confidence, it hit plus 40. that is the highest reading in two decades. >> yeah, that is bottom line these policies and impact, cannot be denied ian. >> again i -- want to focus on the fact that on united states, is -- actually losing some ground vis-a-vis chinese global they've a strategy, to how to export, an infrastructure and technology that is moving more countries towards china. maria: could are they going to -- >> they are ahead of us in a lot a superpower united states becoming much more powerful than allies dagen mentioned we are largest energy producer in
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grorlgd under obama faster non-trump biggest food producer we have tech companies, the third way you don't have a third way unless companies mobile want to build can't build companies. maria: i haven't seen the latest, creator of instagram in china in europe i have not seen you know the google creation, in europe. >> it doesn't exist, the interesting things statement chinese are doing a long-term strategy are investing in security, for their people long term the american allies are not. so for the europeans to point to u.s. say we are mad at trump they think things are going to get better when a democratic president comes in reality is there is still american unilateralism power balance shifting towards united states, that reality is playing into a lot of ceo confidence about the united states. that is where it happened europeans don't feel as confident about their economy today as the americans do, and
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there are many just basic reasons for that are aren't going away next year or two. >> you make so many good points great to talk with you please come back soon. >> it is good to see you, quick break when we come back keld korn virus eurasian group president told us he would not go to china right now we don't know how far this virus has spread live updates all morning on that banned from banking, former ceo hit with lifetime ban from banking industry a massive fine in aftermath of the fake account scandal all that next. monday one week from first votes kaflt in 2020 presidential election cycle, we will take live to iowa, tuesday super model durnz business model kathy ireland secrets from the fashion jungle wednesday watching your wallet food deliver apps
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promise convenience. >> thursday amazon opens your home to strangers as tech privacy debate rages on one hacker explains how, and friday we are live from the scene of super boliv "mornings maria" takes miami all right here on "mornings with maria." my body is truly powerful. i have the power to lower my blood sugar and a1c. because i can still make my own insulin. and trulicity activates my body to release it like it's supposed to. trulicity is for people with type 2 diabetes. it's not insulin. i take it once a week.
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maria: welcome back, chinese firms making moves to stop the spread of the coronavirus cheryl casone with details. cheryl: that is right, maria. china restricting travel more than 35 million people. in effort to stop the spread of the outbreak 10 cities including epicenter wuhan on lockdown traveling several areas has been restricted efforts coming ahead of the lunar new year, one of the travel days in china that is tomorrow. 26 people are dead from virus more than 800 cases confirmed seven countries including united states. >> well, founder of therapeutics sentenced to 5 1/2 years in prison for role
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to illegally boost sales of fentanyl drug kapoor convicted bribed doctors apologized to victims spoke out during sentencing but does plan now to appeal nonetheless, his conviction afraid for life words of, a who took stand at harvey weinstein trial in new york describes a graphic detail how he sexually assaulted her in in early 90s claimed he forced himself on her inside her apartment weinstein continues to maintain innocence. >> while san francisco 49ers kansas city achieves battle it out in super bowl pizza hut estimating going to see about 1.5 million pies sold during the big game, dominos is saying going to sell nearly
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two million pizzas, viewers ate pizza during the game, if i can get you new york pizza down in miami i will do my best. maria: would whoa going to surl cheryl get ready for pizza, j.lo, and the game. >> can't wait. >> yeah i think i will end up watching it on television i am excited to be down in miami. because you know i spend a lot of time down there. and i was looking i know exactly where you can get best pizza maria bartiromo new york style thin crust so that we know where best comes from in new york brooklyn. >> try it we tried pizza -- >> miami give it a shot. >> probably more brooklynites in south beach nowadays than in the people born in brooklyn living in brooklyn add that.
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>> that is true. >> one thing out there -- >> all right. >> i am ready to party down with you girls in miami. >> don't -- here is my advice -- >> advice don't order mojitos, people in bars hate making mojitos, a huge pain in the -- don't order them drink, like. >> i love mojitos. >> they don't like making them you have to muddle the mint sugar don't order them probably not going to be made right. >> all right -- >> hmm. . >> all right. >> good advice we will figure out a different drink, we will have fun, and please join us live from the super bowl next weekend right here "mornings with maria," first speak with national trade council director peter navarro u.s. we
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are looking at monster jam competition live taking you there when we come back. stay with us. every year, our analysts visit thousands of companies, in a multitude of countries, where we get to know the people that drive a company's growth and gain new perspectives. that's why we go beyond the numbers. t. rowe price. invest with confidence.
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i'll pass. maria: welcome back department of homeland security announcing a major counterfeit bust customs and border protection seized nearly 28,000 shipments full of counterfeit goods the the last year we are getting an exclusive look before pk to discuss this u.s. customs and
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border protection mark morgan joins me with assistant to president for trade peter navarro thanks so much for joining us. >> so mark morgan let me kick it off with you explain what has taken place, in terms of this bust what are some of the things that you saw, and what is coming into our country in terms of counterfeits. >> let me start off first saying look american people need to understand that exploitation of counterfeit goods our economic prosperity threatens health and safety of american consumers wells national security numbers you put up almost 28,000 different shipments that we see contain counterfeit goods a drop in the bucket, of what is going out there, currently on e-commerce platform, we estimated market value of those estimates was 1.5 billion dollars, economic
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economy of 90% of shipments, that had counterfeit goods came from overseas international con sign meant an incredible issue. >> what are things handbags in pills? is this -- iphones is it you know ear bugs. >> it is all that it is a across the board, if out there if being produced you bet anyone who is exploiting all of that, and you know it is not just count future goods we are also seeing you know there is a criminal organizations that are out there exploiting this as well, on the o counterfeit prescription, a lot of this is laced with fentanyl does of fentanyl we say health and safety risk airbags federal counterfeit airbags you don't know they
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are counterfeit until you read it the gamut if manufactures it is counterfeited. >> you spent two and a half years working on a new deal with china. and one of the key things was ip theft i don't know he if naïve saying this i feel when counterfeiting creating a bag saying it is channel or ralph lauren it is not it is counterfeit that is like stealing intellectual property connect dots to trade deal you did. >> counterfeiting is pirest sprergs intellectual property theft a couple things going on what is happening today with dhs is culmination of executive order president trump gave in april told dha tackle this tracking problem i give kudos to secretary wolf commissioner morgan not only have a historic report coming
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out today, it is a historic action plan, trump culture to get it done the problem we have, is that there is just a flood of counterfeit coming enabled by e-commerce alibaba amazon shop 70 when you go on those e-commerce hubs they connect you to online sellers places like china most count fits come from and people get ripped off, as commissioner morgan said can get hurt killed by whether fentanyl, or fake airbags, issue what we've been doing is working with closings on the operation megaflex going back to july once a month looking under hood what is coming in with china finding about about unbelievable height rate of discrepancies in terms of phase one deal enforcing that
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going to be easy to do going to see, once, again, a missouri whether china continues to flood us with counterfeits, a kitchen table issue for americans around this country who shop only get ripped off i can tell you this, commissioner morgan, and director secretary wolf doing a heck of a job on this, hitting the ground running with action plan, and we are going to give -- president trump is going to get this done for the american people. . maria: i mean, mark if you ordered what you think are apple ear buds don't other from apple they may not be apple you don't even know it. >> that is exactly right. so consumer can do a couple things maria, one is they can make sure that their using trusted legitimate sights if they still have caution should really know where this product is being shipped from, they can go to have manufactures
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web site learn where they recommend legitimate places to go to purchase that there are things they can do let me give you an example volume last year 2019, 600 million shipments of oversees that came into that is 1.8 million per day. that is the level of volume we are talking about, it is coming into this country. >> maria. >> before you go the president is going to go ahead. >> well, we are finding hit rates when we do integration mega flex upwards 10%, 10% of stuff from china, has something wrong with it, sos if you are getting a million packages a day from china, that is 100,000 americans being affected every day by this counterfeit contraband flood fentanyl baby formula things can hurt you dhs, on the case and ice going to handle this on behalf president trump it is all
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good. >> all right, yeah, we are happy to bring this to our audience ahead one of press conference thank you for giving it first president going to sinus u.s. this week. >> i should be this week, got to be within 10 days, great victory for the american people, farmers ranchers workers manufactures, a beautiful thing what president trump is doing. >> thanks very much mark morgan peter navarro we appreciate it we will see you soon, senator john barrasso with me as house basement managers press their case againstp trump before the president's defense team has its term this weekend. >> banned from banking former wells fargo ceo hit with alignment ban from banking industry massive fine to go with it following fake account scandal of wells fargo. back in a minute. invested at a great rate. that's why fidelity leads the industry in value
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maria: welcome back thanks for joining us. i am maria bartiromo, coming to you live from world economic forum in davos, switzerland friday, january 24 take a look at markets right now 8:33 a.m. east coast, we are looking at another gain start of trading about an hour on wall street with open we've got futures up 90 points on dow industrials a third of one percent, nasdaq futures up 24, and s&p futures up right now, 7 points global markets this morning with firmer tone being indices higher across the board ft 100 up 123 points one and two-thirds percent cac quarante in paris up 70 better than 1% dax in germany better-than-expected purchasing managers on manufacturing up one 1/2% dax in germany german pmi rose to five-month high eurozone largest economy could tick up some strength japan, hong kong
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open markets in china closed for the lunar new year that is why we are expecting so much travel, going into the chinese new year hundreds of millions of people, traveling. our top story this half an hour, is the senate impeachment trial, it is the last day for house impeachment managers to make their case against president trump arguments to focus on second article of impeachment obstruction of congress democrats tackled abuse of power us. >> it puts president nixon to shame president trump placed his own personal political interests first placed them above our national security above our clean and fair elections above our system of checks and balances this conduct is not america first, it is donald trump first. if right doesn't matter, we're lost we can't trust this president to do what is right for this country.
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maria: joining me right now senate republican conference chairman senate foreign relations committee member john barrasso thanks for joining me. >> thank you, maria. >> take is behind the curtain sir what went on? >> well first you said you can't -- adam schiff says you can't trust the president to do what is right for the country, maria, look at the economy! it is booming under president trump the stock market has been all-time high, under his -- this administration. seven million new jobs. yesterday the consumer confidence highest it has been for america in 20 years, the president has been doing all the right things. for this country. but yet he is being impeached you know and your viewers do as well this is something that started the night he was elected, elizabeth warren had a press conference in december of 2016, about how they are going to impeach president trump. so now here we are in the
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trial and they want to drag it on, forever. they start by saying they have overwhelming evidence a mountain of evidence rock-solid evidence. but yet they want more witnesses more difficulties, so i think today in the senate is going to be groundhog day again, the same thing we heard yesterday, and the day before and the day before that tomorrow the president's defense starts we are also going to have time for senators to ask questions, and then we will ultimately make the decision, do we need even more information or do we have enough information? to go to a final judgment? >> so you will have a vote term of whether or not to bring witnesses in, you've got a 51 vote threshold here, democratic senators need 4 republicans senators to vote with them, to get witnesses do you see four votes on the republican side to hear witnesses? that is going to be critical, in terms of where this goes next; right? >> it is going to be critical,
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and you are right maria because it is interesting because it so i understand like every democrat wants more witnesses it is not about more evidence, it is about dragging this on, it is about the 2020 election, you have heard adam schiff say that -- the 2016 election wasn't a fair one and is saying the 2020 election can't be trusted. he ethics augmenting to be judge you jury answered ought to decide who should be president of the united states mean astonishing i would say let voters decide, they are going to vote starting next monday no iowa new hampshire we can after that let voters decide this should not be up to 100 members united states senate, i heard enough, i think most americans have heard enough, tv ratings dropping we do see that americans believe what is happening in the senate, is a fair trial, whereas what happened behind closed doors in the house, and president having no due process, only one in three americans believe what happened in the mouse was
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fair. maria: yeah, i know senator when i look at the jury quote/unquote jury all of the senators, four of those senators want the president's job. bernie sanders, elizabeth warren, amy klobuchar about michel bent how are they independent jurors they are running for president two other senators dropped out also running for president you've got six senators who we know what their motives are, how is this a fair jury? >> well, they ought to recuse themselves some of our other senate members suggested they remove themselves, because many of the democrats have already said they made up their mind and they know how he they are going to vote, then they should not need additional evidence to do it. the other thing maria many others had not focused on it is not just about removing president trump from the white house. it is also about removing him from the ballot in 2020, so
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the flats bringing forth articles of impeachment are also saying don't let president trump run for reelection in o 2020. because they know -- really good chance that the president will be reelected when you look at what he has done, recent trade agreements, with between, canada, mexico, with japan, with china, the impact of this economy, about that is booming, every day we spend maria on impeachment we are not spending on doing things to lower the cost of insulin for people who are diabetic not spending time focused on the issue that i chair in the senate which is highways roads brings tunnels need to be worked on as long as democrats continue to drag out this process the longer it iis going to take for us to get to important work of the he american people. >> yeah, you are also not spending any time, on the true wrongdoing that took place in 2015 how campaign was framed, and spied on, we heard from
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fisa judge today, that two of the fisa warrants to sursurveil carter page were unlawful. >> that is getting worse the more we the more number senators talking about new information talking about that last night senate, real concerned about the abuses, the other issue interesting yesterday that came out in "new york times" front page talks about it today, is the risky turn the cases has taken because they spent so much time yesterday, talking about joe and hunter biden, the fact husht hunter has gotten all this money from ukraine from a company that was under investigation, for corruption, joe biden then has you know had threatened, to withhold a billion dollars, from ukraine, about unless they fired the prosecutor who was looking into his son's behavior that was a lot more money than what president trump had temporarilyly delayed that got paid he got -- nothing as a
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result of it ukraine has done much better in terms of the weapons they need the funding that they need, under president trump, than ever happened under the biteden-obama administration. >> we will be watching today and watch, tomorrow, this weekend when the president defense team gets at the wheel senator always a pleasure thanks so much. >> thanks maria. >> senator john barrasso there american express to add gains to the dow gesture withi willis floor of the new york stock exchange a rally at start of trading. >> says that right dow held here by americans express stock poised to open higher they say spending by am ebs consumers 6% u.s. you can see the results here on bottom, coming in 2.03 a share versus 2.01 revenue also better good news there, as i said higher
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spending by consumers meanwhile, look at wells fargo. the former ceo john stumpf banned from banking industry for life this is virtually unprecedented last time in 1900ss masselo band for role in mortgage crisis, stumpf find 17.5 million dollars, over the fake account scandal aggressive sales culture led to millions fake accounts being set up he worked in business for three decades stock going to open higher stumpf is gone left the company not affecting the stock today maria, back to you. maria: gerri thank you a break when we come back podiumal to the made 00 a ride at monster jam truck competition we go there live a special patriot from the tennis channel. welcome back to another report for fox business. williams out of the australian
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open, 23 time major champion down to china's wang qiaig. >> -- the slam, will wait number 27 seed biggest win of her career. >> 56 unforced errors. >> not even -- me playing good tennis i did not do that today that is more disappointing, so not even about the win, or just more about, i am better than that. >> tennis said good-bye to caroline wozniacki heads into retirement, won 30 titles during her career. >> don't forget live coverage of the aussie open hits air daily 6 pm eastern. >> ♪ ♪
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>> a big day for maria bartiromo. we are celebrating her 6th i here at fox, "sunday morning futures," number one. >> every weekend, there you go. the and i think, i i think it is safe to say, you enjoy today even more than you did yesterday. >> and yesterday even more than you did wednesday. >> unbelievable dagen i am so grateful to have you in my life,s i can't tell you i am
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so happy to be here to be celebrating six years i always say i am grateful to be having the most intellectually stimulating conversation that i have ever had, the conversations that you and i have with our guests are -- not only a joy but incredible privilege so i -- >> thank you for marking my anniversary i love it, and i have to give a huge shout-out to our audience, because i love our injuries so much you know every time we say something do something on show get feedback they feed us and they make us better, so i am grateful to the audience, grateful to fox, and certainly grateful to you dagen, to have the most intellectually stimulating conversation every morning right here. >> i will say we say to this each other privately all the time you are an icon i feel lucky every single day that i get to sit next to you, and
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talk about what -- what we're passionate about what is important to the adviserviewers similar background how supported by parents, and i can say this i don't work as hard as you but i try. >> nobody works as hard as maria. >> hard work pays off you are a testament to that every single day. >> thank you so much, and right back at you thank you so much, happy anniversary everybody. >> today, exactly today six years, let's go to studio b, "varney & company" host stuart varney. >> when i first started you had me on your show six years ago who is on deck this morning on "varney & company." >> i am gonna deal with xi jinping, china's leader i think in crisis mode, got to deal with this virus got to deal successfully with it
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otherwise his power is rattle brittle some could break off that is big deal i think, we are going to deal with elizabeth warren, being schooled by angry parent who saved money and paid for his daughter's college education, he now feels he is being quote screwed because of the giveaway warren proposes yes on this program this set right next to me derrick jeter's jersey up for auction find out how much it is going for haub that congratulations on anniversary good stuff. >> thank you, thank you so much we will see you 10 minutes top of the hour stuart varney. we'll be right back. stay with us. oh, the pic? that was actually a professional headshot. i'm sure that's it, yeah. i, uh, i think i've lost a few pounds recently too. i'm actually doing a juice cleanse. wait! you don't... (glass breaking) (gasp) ah! oh...!
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some people say that's ridiculous. i dress how i feel. yesterday i felt bold with boundless energy. this morning i woke up calm and unbreakable. tomorrow? who knows. age is just an illusion. how you show up for the world, that's what's real. what's your idea? i put it out there with a godaddy website. make the world you want. to jam monster jam that is
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drivers pushing skills to wow the crowds crazy stunts kristina partsinevelos live frul pursue he denshal center newark new jersey good morning again. >> you can see trucks are definitely coming to life right now for your show i brought a driver mark here riding the loco, about you started building tracks how did you transitions from building tracks to becoming a driver. >> just a long story short i was always a passionate person about motto support this, every time on track dreaming about building -- >> if you can hear over here. >> as you guys can see that is kristin doing about fantastic donut i started building tracks every time i was dreaming one day going to be behind wheel for monster jam truck four years ago came true i passed had opportunity to
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drive first monster truck living my dream traveling world, representing latino culture couldn't be happier than where i am. >> costa rica acting as translator. >> in costa rica the sport was borne on me. >> happening all, show in new jersey go to i don't think island next weekend being what are you going to do. >> this right now competing for very important points going into monster jam world finals competition more intense as we go week by week, definitely this week is my week i am going out here i want to be doing moonwalks i want everybody to support us you are the judges will decide who is at world finals, check us we've got four shows. >> like this -- >> michael jackon -- >> i amgoing it back to you
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so you only pay for what you need. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ maria: thanks for joining us, everybody. big thanks to dagen and veronica in new york. thanks, ladies. >> thank you. maria: have a great weekend. see you next week. "varney & company" begins right now. have a good day. stuart, take it away. stuart: good morning, everyone. good morning, maria. china, desperate to contain the virus. xi jinping, pressured on all sides. he's got to get a grip on this and it's going to be tough. at least 26 dead, at least 800 infected, 35 million people now living under a form of quarantine. step back for a moment. today, china's big holiday begins, the lunar new year celebrations. many have been canceled. travel, restricted. that means a likely slowdo


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