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tv   Mornings With Maria Bartiromo  FOX Business  March 28, 2019 6:00am-9:00am EDT

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bagel and potato since in a chip back get people -- lauren: roll over a mcgriddle for mcdonalds. tracee: the bagel story exposed on twitter. i want st. louis native to weigh in is this something that they do. ashley: is this normal in st. louis, tracee, thank you very much, i'm hungry now. lauren: mornings with maria begins right now. maria: thanks for joining us, i'm maria bartiromo, happy thursday, opening day, thursday march 28th, top stories 6:00 a.m. on the east coast, breakthrough on china trade, beijing reportedly offering new proposals this morning, key issues including forced technology transfer. very latest on the negotiations happening this week in beijing. health care in america, president trump doubling down on scrapping obamacare, but the plan is facing backlash within
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his own party especially as 2020 race heats up. stranded, air collapses ending all flights leaving thousands of passengers in limbo, we will tell you what happened there. one lucky winner in 758 million-dollar powerball drawing, we will tell you where the ticket was sold, mornings with maria begins right now. ♪ ♪ maria: all right, future this morning are up, take a looker, futures up 13 points on dow
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industrials, s&p 50 is up half a point and the nasdaq is -- is right now showing a gain of about 2 and 3 quarters point, fractional move on the u.s. futures, so global markets are watching trade talks this morning between the united states and china. beijing is making both proposals in trade negotiations notably on forced transfer of technology according to reuters, according to mnuchin and lighthizer are in beijing, kicked off new round of talks today, joining us right now texas congressman michael burgess. thanks for being here. >> thanks for having me. maria: i know that china is willing to open up markets, financial services is getting a foothold and they are willing to buy more goods from the u.s. but what about big ticket items like ip theft and forced transfer of technology. do you believe the u.s. will put
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some enforcement in place to ensure that beijing follow through in promises on that score? >> well, i don't think that ambassador or secretary would be there if there weren't expectations to get that done. look, encouraging thing is that they are there and talking and it's important, these trade deals work out, the president has taken this on and put america first and that's a good thing but the deal needs to get done but a lot of expectations on the secretary and ambassador right now. maria: do you think we will be able to get a deal between u.s. and china? >> i do, i do. it's too important not to get done and that one is obviously -- we have the méxico city-canada agreement which would come in legislative form to the congress later this spring but the china aspect is one that is really coming just
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through the administration and they need to be successful. maria: glad you mentioned usmca, that's going to be something that would move markets and there have been a few democrats out there that basically say i'm not going to sign this in current form. do you think it passes? >> you know, all of us need to see what -- what the deal on the table is in its final form and that's the big unknown right now, so, sure, i would even say, well, i have to see it first before i commit to it but you know for years we've heard people say that nafta is probably, there's thing with nafta that weren't great and needed to be fixed and here is the opportunity to fix them, they'll be binary choice when you get to that point. either stay with status quo which is nafta or move on with what the president has been able to negotiate with méxico-canada trade agreement. i suspect it will pass.
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i do, democrats for years have complained about nafta. here is their chance to move on. maria: congressman, you are a doctor, i want to talk to you about health care, you're obviously a congressman. the journal is reporting their editorial board has an op-ed out titled this, losing healthcare strategy and the editorial board writes this, the administration has written new rules that allow highly affordable short-term health insurance as well as association health plans that offer across risk pools than single employer or obamacare exchange. the gop can build on the base to offer new campaign vision to take to voters but better to do it without pursuing legal strategy that's likely to fail and blow up politically. of course, the president has criticized the affordable care act. here is what he said. >> obamacare is a disaster, so we are going -- i said it yesterday and i mean it 100%, i understand health care now especially very well, a lot of people don't understand it. we are going to be the
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republican, the party of great health care, the democrats let you down, they came up with obamacare, it's terrible. maria: congressman, how do you become the party of health care? >> well, first off, i agree with what the president just said, when i hear from constituents are hear from people that are concerned i don't want to lose preexisting conditions. right now i have a policy that i can't afford, i'm forced to buy and scared to use because my deductible and copays are so high i will go broke. there's better ways, you just referenced them. the employer-sponsored market, preexisting conditions are covered from day one, all of the people that are working today that weren't working when the president took the hand off bible 2 years ago, it's a great success story and we ought to be talking about more. more people have coveraged,
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large group market coverage under president trump than had two years ago, the association health plan is a way to expand the same type of large group coverage to smaller businesses. when i was in medical practice i would have loved the ability to partner with other medical practices in the area. my employees would have had better health care, it's a winning strategy and we had a long argument about it actually in our committee yesterday, the democrats hate this type of program, they call it junk insurance but realistically is because they want the government to control everything. i want people to control this. i think we need to be in charge of our health care. maria: what do you say for bernie sanders' plan for medicare for all? >> bernie can have it. that plan negates all the large group markets, it takes away the insurance where most americans get insurance and like their insurance, so maybe you ought to take a line from president
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obama, you like your insurance and we can keep your insurance, we knew that wasn't true. they would be so damaging to people look to and depend on right now, this would be a damaging effect and actually would be politically it would be disastrous, i will warn bernie off of that idea. maria: congressman, good to have you on the program. congressman michael burgess, big story around lyft, raising price on ipo ahead of wall street debut tomorrow, it will be priced tonight, dagen mcdowell on that. good morning, dagen. dagen: good morning, maria bartiromo, we told you about this yesterday, that's up from the original range of 62 to 68 bucks. this is what's going on, a little bit of promo, fear of missing out, investors are worried that they will not be able to get in and that rising demand is pushing up the price of this stock despite the fact
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that lyft lost $911 million last year, that would be the biggest lost for any other u.s. start-up in 12 months proceeding its ipo. that loss also up from $688 million in 2017 but investors are betting on the ability of lyft to drive costs down, lower that loss, what it pays for insurance and then take market share from uber. like you said, the company will be valued at more than $23 billion on fully diluted basis on price range, like you said, maria, prices shares tonight, starts trading on the nasdaq tomorrow. maria: all right, big day for lyft. we will keep watching that. see you in a bit, dagen. the president tweeting this morning, here is what he just said, we will be headed to grand rapids, michigan tonight for rally, talking about many exciting things that are happening in the country but also the car companies and others that are pouring back into michigan, ohio,
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pennsylvania, north and south carolina and all over the president writes, we will be covering that rally tonight but the president is hosting in grand rapids, michigan. has shut down all operations, lauren simonetti with the details on what happens to passenger who is had bookings. >> good question, maria, the budget carrier ceasing operation, canceling all flights and stranding passengers, this came after wow was suspended, it offered inexpensive flights between north america and europe, european airlines has been faced with overcapacity and now the rising cost of fuel. boeing officials are reviewing more flight control systems on 737 max jet as they work to complete a software update. the company says no new potential problems have turned up. meanwhile faa officials grilled on capitol hill following two
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fatal crashes following the 737 max, faa administrator daniel said agency will take appropriate actions following two deadly crashes of the plane. >> we will take immediate and appropriate action based on the facts. lauren: transportation secretary laine chow telling senate panel it was offered as options and not standard equipment. another big defeat for maker of round-up, awarding $80 million of damages to california man that blames weed killer for cancer. the judge slashed that down to 78 million, monsanto is appealing that case as well. check your numbers, a single powerball ticket sold in wisconsin for the third largest jackpot in u.s. loto history,
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the jackpot swelling more than $768 million at the time of drawing last night. the cash option 477 million before taxes. 7 tickets match all 5 white balls but missed the red powerball, they won million dollar prize, there's a winner, maria, not me. maria: thank you, lauren. coming up no end in sight, british prime minister theresa may making life-changing offer after lawmakers failed on impasse from brexit over european union. americans concern about how much the wealthiest pay in taxes, we will break it down and tell you all about it. back in a minute
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different generations get the same quality of customer service that we have been getting. being a usaa member, because of my service in the military, you pass that on to my kids. something that makes me happy. being able to pass down usaa to my girls means a lot to both of us. he's passing part of his heritage of being in the military. we're the edsons. my name is roger zapata. we're the tinch family, and we are usaa members for life. to begin your legacy, get an insurance quote today. maria: welcome back, big show this morning, coming up my exclusive interview with housing development secretary ben carson
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is here, california houseman ranking member devin nunes, taking a victory lap after the news of the mueller report. georgia congressman and house judiciary committee member doug collins who just released the testimony of george papadopoulos and former ambassador to international economic policy analyst richard is here. big 3 hours, don't miss a moment of it. we want to talk about taxes, according to fox news poll, voters top tax concern is not about how much money that they pay, it is actually how much the wealthiest pay. 34% of those surveyed concern that the rich are not paying enough while 28 are concerned how the government spends money. that's a reversal from 4 years ago texas representative, tax reform is no sugar high, despite unprecedented monetary tightening, 2017 law breathes knew life into the u.s. economy. joining the conversation this
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steve forbes along with ramsey solution, author of everyday millionaires, chris hogan. >> thank you. good to be with you. maria: it's really hard to argue with the idea that the tax plan, steve, did create economic growth and moved the needle in terms of growth and jobs. >> it did, indeed, the only sad thing the republicans put the self-constraints on that prevented them from doing a bigger tax cut, ie, on the personal side, slamming taxpayers in new york and california, hurting in the elections, don't put constraints on in the future, i hope the white house takes the opportunity to make tax cuts a big issue in 2020. maria: let's not forget not one democrat voted for the tax plan, right, dagen, at the end of a day they can call it sugar high but they should have looked at what was going on on their colleagues' side of the aisle in terms of helping by voting for
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it and having input? dagen: they could help by government spending and we are not doing, largest monthly budget deficit on record, month of february, so if you're going to cut taxes even more, how do you feel, though about roughly half of the people in the country pay no net federal income tax. in the meantime you're asking a smaller and smaller group of people to fund this basically blow-out in government spending? >> well, the thing is people do pay taxes, they may not call the fica tax medicare and social security a tax, it's a contribution to retirement to medical care and all the stuff -- dagen: the reason i get upset about it. >> it is a tax. dagen: it is a tax, people who are not paying income tax, even if it's a nickel every year, they are not paying anything for our military. they're not paying a dime to basically pay the men and women who put their lives on the line,
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they are not paying the education funded through the federal government. that's a benefit, the fica taxes are a benefit that they will receive later on in life. get rid of social security and medicare, maybe, when you have half of the country who pays no federal income tax, that's a big problem. >> there's no way in the way they will get rid of social security and medicare. dagen: i'm being theoretical. >> the mind set is comparison. we are worried about someone else is saying. shifting blame. >> top 10% earners pay income taxes. >> they seem to think, well, people are cutting corners, admission scandal and things like that, that's why they haven't gone on offense in terms of putting a real specific plan ie something like a flat tax on
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the table and people do pay taxes and let's not kid ourselves, social security and medicare taxes theoretically may go into trust fund, never makes -- maria: big lie about tax cut plan was a sugar high and that the rich -- >> what the republicans -- maria: that's talking point of the democrats, what the republicans have never really explained adequately the cuts were tax rates, it wasn't a once-time rebait and they are permanent and therefore you can make plans for the future. >> that's right. dagen: individual tax cut sunset. >> 2025. dagen: the higher rates will probably go back up. maria: republicans want them to be permanent but they can't get any help on the other side, the president just tweeted a moment ago, here is what he just said, the fake news media is going crazy, they are suffering major breakdowns and zero credibility or respect and must be thinking about going legit, i've been
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maria: all right, welcome back, futures edging higher this morning, take a looks, dow industrials up 30 points, nasdaq up 7, stocks closed in red yesterday over heightened concern over global growth and inverted yield curve, the federal reserve lowers u.s. economic growth forcoast and indicated it will likely not raise interest rates at all this year, in fact, incoming nominated fed governor from fed government steve wants to cut rates immediately.
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joining us right now david, david, pleasure to see you, always a pleasure. >> thank you. i think they are right to be on hold, if we look at where we are with the economy, concerns about slowing, it makes sense for them to be on hold for now, fed fund futures are pricing in a high possibility that they'll cut by the end of the year, but certainly patience as talk is warranted and i think that's a appropriate policy for the coming months. maria: what do you think about that, steve, some consider too soon to cut -- dagen: what robert kaplan said that yesterday, go ahead. >> the key thing is if we get trade deals done, you will see a very good second half and the fed, that's when you need to put the fed on the spot, they will start using the word overheating, they will think prosperity causes inflation, that's why moore's point is so important to try to challenge
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the ideology that if you have low unemployment you will get high inflation, it's preposterous, it rarely works in the real world, that's when the fight will begin, latter part of this year. maria: dagen, you have europe lucky to generate 1%, china off of the highs and the u.s. is also seeing a bit of a slowdown from a year ago, does that concern you? >> well, i think there's this believe that the u.s. will import a recession, there's concern about the slowing growth globally which is true, europe is in trouble, they are in trouble with economic growth, they are in trouble with political turmoil, china is -- we might start to see signs of recovering but they have been slowing for a long time. a loft the world is slowing, there is global growth slowing, here in the u.s. we still have reasonable growth in terms of gdp, if you look at some of the
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recent numbers, consumer-driven economy and if we look at recent pmi numbers, index, ism, those are reasonably stock numbers, highest numbers we have had in o 8 months, consumer confidence not all-time high but strong. the u.s. economy is still doing okay. >> emerging markets, what's your stance on them now? >> we like better than -- >> even with the global economy slowing down? >> even with the -- maria: brazil, china, which one? >> we like -- we think that there's going to be opportunity in china. we think that we will reach trade deal here eventually, some kind of deal, where they end up on intellectual property and transfer of intellectual property theft, technology transfer, they'll eventually get to a deal which will be good for
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china, good for u.s. and good for stocks in general. just getting to a deal, the chinese, the chinese government will stimulate, stimulate to get growth. maria: you still like u.s. stocks then? >> yes, u.s. stocks are number one holding, certainly the primary holding, primary allocation for investors. maria: not tesla, though. david, good to have you on the show. >> thank you. maria: the president tweeted again this morning, méxico is doing nothing to help stop the flow of illegal immigrants into the country, they are all talk and no action says the president, honduras, guatemala and el salvador have taken our money for years and do nothing, the dems do not care such bad laws made close the southern border, writes the president, the dems don't care, close the southern border, we will take a break, housing in america, exclusive interview with ben carson coming up next, back in a
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maria: welcome back, good thursday morning, thank you so much for joining us, i'm maria bartiromo, it is thursday march 28th, top stories right now 6:32 a.m. on the east coast, futures indicating higher opening this morning, broader averages, fractional move but nonetheless dow industrials up and nasdaq higher by 4. dow industrials lost ground yesterday, down 32 points on the
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day and nasdaq gave 42 points at the close yesterday. in europe this morning, take a look at the action there, similar to u.s., we are looking at a rally across the board, ftse 100 up almost 1%, cac quarante up third of a percent and dax in germany half of one percent. nikkei average in japan worst performer down, one and two-thirds percent. theresa may vow to go step down with another deadline booming, she will resign if it means her plan to leave the european union if her plan passes. and marijuana going mainstream, walgreens followed cvs's lead, one could go, game of thrones fans, capturing 5 of all thrones
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across the world. part of worldwide scavenger hunt. first top story this half an hour, the u.s. department of housing and urban development taking action against housing discrimination on facebook, this coming after the technology giant agree today take -- agreed to take action to block discriminatory acts. thank you so much for joining us. >> pleasure, thank you. maria: what was your reaction from social media trying to ban anything from hate speech and discriminatory when it comes to housing? >> well, we've entered a new era right now, technology has become such integral part of our lives and it's affecting us both in good ways and in bad way and what really is worrisome to me is the fact that you have the
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giant technological institutions like facebook who mind data, they take personal information that you don't even know about. they know what other sites you've been visiting, they know what apps you're using and to use this as platform forum where you can discriminate people, advertisers say i only want to advertise to women, nonchristians. this kind of information -- most people don't know has been gathered on them and we want to make sure it is not used inappropriate way. maria: this is sort of ongoing situation for these social media forms, we will see what happens in the way of regulation, obviously europe is ahead on this, i want to ask you about housing reform, sir, because president trump is now calling to overhaul fannie mae and freddie mac and reduce
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government footprint in housing finance, what do you think the impact of that will be and how should this sake place, this is something that investors care greatly about, they're upset that under the obama administration that president obama used money from fannie and freddie, took it from those institutions and used it really for obamacare, frankly. >> yes, well, first of all, those entities, gsc, fannie and freddie have been on risk, we need to look at new ways to do things, ways to bring private capital into the market, there needs obviously to be some type of government guaranty or backstop but this is not the correct forum for doing that and we will be engaging in deep
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discussions, all in government including treasury department, obviously the white house to looking at what we can do to preserve the american dream for the people and protect the taxpayers at the same time. maria: yeah, how would that impact lending in your view? so dr. carson, a lot of people feel like because of the weakness and the revolution that we have seen in terms of housing and these government institutions really doing the bulk of the lending at the end of the day, that it has been -- it has had an impact on actual lending and thus the economy, so if we were to bring these away from government control, do you think that impacts lending in a better way? >> i think the private sector does a very good job with lending because they're interested in obviously being viable economically, so they're going to be paying very close
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attention to that, but we will obviously be exercising the appropriate amount of oversight to make sure that we protect the taxpayers and we need to learn from the things that have happened before, we need to understand that putting people, for instance, into a house that they can't afford is not doing them a favor, they lose, house, credit and future options and we need to find better solutions and wise people learn from mistakes. maria: yeah, give us a sense of the housing right now, dr. carson, are you seeing housing recover in any way, this has been one of the weak spots in this recovery in the last 2 years? >> sure, well, the recovery will take time because people don't react immediately, they want to make sure that this is real, that all the economic gains that we have seen over the last 2 years are real, that it's not just a flash in the pen but moving in the correct direction,
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you will see the fluctuation month to month, one month they are saying housing starts are up, housing starts are down, what does it all mean? we are all moving in the right direction if you take the conglomeration of all the numbers. maria: so treasury possibly establish capital and liquidity requirements for government-sponsored entities, does that move the needle on economic growth? >> well, you know, it's going to require a lot of money to back them up, not just the $20 billion or so that they are able to generate and save in one year, so that's going to take some -- some real creative financial thinking but we are work on getting that done. maria: well, if the president is opening this new window in terms of issuing a memo overhauling these mortgage giants, putting it more into the private sector, you said the private sector does very well in terms of lending,
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what kind of reform do you want to see out of the treasury? >> well, first of all, if they're going to come out of conservete. -- so we want to make sure in addition to them having that kind of backstop that you have something behind them in terms of government-sponsored, something like jenny may so they can continue to be part of the investment. maria: so if you need the backstop of $180 billion, you're not taking them full yet out of
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conservatorship. i don't understand, do you want to take them out of conservatorship or not, how does the backstop fit? >> you want to take them out of conservatorship. you have to have capital reserve so people -- it probably won't be used and probably won't be needed but if you don't have it, people will run for the hills. maria: i see, ben carson, thanks so much. hud secretary ben carson, president trump tweeting this morning, he's saying, this the fbi and doj to review the outrageous jusse smullett, embarrassment to the nation.
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lauren simonetti with that story and headlines now, lauren. lauren: sure is, maria, last-ditch attempt to persuade lawmakers to back her brexit deal, she's now offering to quit if parliament actually passes her plans to leave the eu, some opponents taking her up on the offer including boris johnson quick i will saying he and they will back proposal. lawmakers in ireland still rejecting the plan. european union putting brakes on speeding cars, eu lawmakers agreeing legislation requiring that new cars have antispeeding devices starting in the year 2022, video cameras and gps data will automatically slow cars down. the goal is to reduce fatal car crashes. one of six iron throwns to be found. hbo is promoting, one in brazil,
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canada, sweden, spain and uk, the prize is a replica crown, 5 days remain to go find the final thrown and we have this story for you too, dating site okaycupid, you can post a badge to let other users know that they're fan of the show, kupid predicting 20% more likes and 50% more conversation for those who support, because if you agree on the same tv series i guess you have no other problems, i don't know, a way to match people. maria: all right, thank you, lauren. coming up walgreens takes on cvs, we will tell you about what the new venture into the marijuana market looks like, advertising america, move over, geico, liberty mutual. back in a minute.
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maria: welcome back, president trump tweeting for the fifth time, congressman adam schiff who spent 2 years should be forced to resign from congress, now the calls for adam schiff to step down coming from the highest office, president trump wants adam schiff to resign, you know adam schiff has been all over the airways in the last 2 years saying he had more than
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circumstantial evidence that the president colluded with russia and we know that, of course, was a lie. headlines across america this morning, sacramento beef, antivaccines from doctor shopping from medical exemption, more parents are looking for medical exemptions. the bills prevents doctors from making exemptions. chicago tribune reporting that walgreens will be reporting cbd creams, cannabis does not get you high but relaxes. it is not clear when. the miami herald writing this morning, florida considers allowing legal documents to be notarized online. it would make signing official documents quicker and more convenient. critics say it would lead to more fraud especially along
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elderly. steve forbes, you have a podcast. >> starting sunday and we have extensive interview, the most extensive with howard schultz, childhood, and what shaped one and another one a week from now if he is elected president. the purpose of podcast to make sense of the information that's out there doing interviews with people like mitch daniels, revolutionized in higher education, you don't have to pay 6 zillion dollars to send your kids to college, cutting edge and schultz opened up about what happened to childhood and how he developed starbucks including amazing story where he nearly lost company in 1987, you know who rescued him from it? bill gates' father, a guy tried to take over the company and -- and bill gates' went into the guy's office and said, don't steal the kid's company, save the company.
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maria: good story, we are looking at video at howard schultz ahead of podcast. we had howard schultz on yesterday and -- and he talked a bit about he grew up in brooklyn, right, in the projects. >> in the projects. maria: low-income housing. >> was beaten by his father and learned early age to answer phone when creditors called, they would put the kid on the phone. amazing background. maria: congratulations on the new podcast. >> thank you. maria: debuts sunday. >> sunday 8:00 a.m. in the morning. begin the day and go to you. maria: that's right on fox news. all right, steve, we will be looking for that, great interview, we will listen to that. quick break, coming up move over duck and geico, move over for a new advertising animal with brand-new logo, we will tell you right after the break, back in a
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maria: welcome back, move over aflac, geico, the company is utilizing old-cool techniques like jingles with message of customized insurance, latest campaign. joining us the new chief marketing officer at liberty mutual, emily. >> thanks for having me. maria: why an imu? >> we really started with what is it that the customer wants and so we talked to consumers what they are looking for in insurance and they told us it's kind of a black box, sometimes we are afraid we have too much coverage, sometimes we are worried we don't have enough and there are loopholes, the foundation of advertisement is
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customizing coverage so people are only paying for what they need and the imu is all about how we bring it to life in a way that is fun. [laughter] dagen: i'm sorry, i've seen the ads and they are hilarious, absolutely hilarious. i was watching the ads that's why i laughed out loud. >> first for us too. we look at what kinds of things actually drive advertising effectiveness and we see the ads that are funny tend to be remembered more. and so we introduce humor into old campaign, truth tellers, the one with the person talking about insurance and statute of liberty, we saw that it was effective and we are trying it again. maria: it's interesting, the insurance companies are more creative than others, you look at geico, aflac. >> advertisers are spending $7 million on tv, you really need to breakthrough.
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the product is invisible, there's no can of soup or cereal, nothing to show. right, if you want to bring the company to life and you want people to remember who the advertisement is actually from that's where characters and jingles come in. >> how do you know you're going in the right direction? >> we look at a lot of data. there are two main metrics that we look at, we say, does it have ad recall that people remember the ad and does it have -- would they remember that it's from us. it's hard in category that's invisible. maria: we are all singing single so i think it's working. >> thank you for having me
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maria: welcome back. good thursday morning, everybody. thanks so much no for joining u. happy thursday the to of. i'm maria bartiromo. breakthrough on china trade, beijing offering new proposals this morning, going further than ever on key issues including forced technology transfers many steven mnuchin, robert lighthizer are in beijing right now on that round of trade talks. the latest coming up right here. markets are higher but fractionally so. dow industrials up 10 points right now, as you can see, the s&p 500 up 1 point, the nasdaq up 4. the markets edged lower yesterday. we saw the dow jones industrial
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average gave up 32 points, the s&p was down 13 and the nasdaq down 48. in europe this morning, the indices are higher, fq100 up 35 points, the cac is up 7 points right now, and the dax index in germany up 47 points. half a percent. in asia overnight, mixed story there, although japan was the worst performer, down 1 and two-thirds percent. taking on facebook. the department of housing and urban development will file charges against facebook over ad discrimination. apple's keyboard problem, users complaining key strokes are not being registered. the company's response many coming up. the best thing since sliced bread, sliced bagel, this photo is going viral this morning, sparking controversy. do you slice your bagels like that? i don't know. all those stories coming up this thursday morning. joining me to break it down, dagen mcdowell, steve forbes,
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and financial expert, chris hogan. great to see you. >> good to be here. maria: thanks for joining us. dagen: that's an abomb nation,, by the way. the new york post had a mueller madness bracket. those guilty of lousy collusion punditry in the words of the new york post writer, who won? take a guess. rachel maddow, she is the wi wir of the mueller madness. she got twice as many votes as any other contestant for her relentless connecting of dots that in the end did not connect. she's faced off with stephen colbert. maria: they've been selling the collusion story for two years.
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>> look at the ratings. maria: they've plummeted. cnn sold everybody down the river with their interviews with john brennan who kept saying treason, which was based on nothing. the only reason anybody believed him was because he's a former cia director. that is irresponsible. dagen: he was in the mueller madness bracket. the new york post says, quotes a reader, chris thomas, i'm a liberal who loved her show a few years back but the lack of skepticism and unfortunate shift from fact based reporting to hysteria was shocking. what do you talk about now, if not the collusion that don't exist, according to the mueller report. maria: i know what i'm going to talk about. this is a continuation of what i've been talking about and that is the perpetrators, why did you launch an investigation into president trump based on no predicate, based on nothing. we need to get to the bottom of
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that. the media is being discredited because of their coverage over the last two years, you heard something very different here. watch this. we have no evidence of any crime here and you have made the point with me in the past that in order to hire a special counsel, you need evidence of a crime. where is the evidence of a crime and what is robert mueller doing? >> in order to have a criminal investigation, you've got to have a crime. there ought to be a specification of a crime. there has been a requirement that when the special counsel is appointed, he or she has to be provided with a specific statement of facts that warrant an investigation. these are the facts and this is the crime we're investigating. we haven't seen that. that's a problem. >> the one thing i do know for sure, let the investigation go where it may. this president won the election solely on the fact that he connected with the american people. no other influence involved. maria: with all of what you're saying, whether it's no specific
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intelligence, the president pushing to find out the truth, no obstruction of justice, are these reasons to shut down the robert mueller special counsel probe? >> it appears this is clearly what started as a counter intelligence investigation into the trump campaign, they drilled a bunch of dry holes, never found collusion, moved to obstruction, got a counsel and gods knows where this is going to go. i think american people are getting tired of it. >> some of the things people have been indicted for have nothing to do with collusion between the trump campaign and russia. maria: can robert mueller do this special investigation without looking at all of this? how is that investigation having any credibility if he's not actually looking at who did collude or who did work with the russians? >> i think at the end of the day, maria, where we are headed here is no charges for collusion or obstruction with anyone associated with the trump campaign. maria: that was exactly how it played out. joining me right now is georgia congressman, representative doug
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collins. it's always a pleasure to see you. thank you for joining us this morning. >> glad to be with you. maria: i want to get to your release of some of the closed door testimony. you just released the transcript of george pa papadopoulos, prive testimony before the judiciary committee. i'm going to get to that in a second and get to the investigation. first, your thoughts on what you just heard. do you believe that mueller did look at where the real wrong-doing was? for the last two years all we're hearing about is the media narrative that the president colluded with russia. now we know officially, something we all knew for the last two years, but do you think mueller will investigate or did investigate and look at whether wrong-doing -- where the wrong-doing really was, war the perpetrators came into an investigation into the president based on nothing, no predicate, congressman. >> you would almost believe he had to, maria. this is the thing that happened so much this week with the mueller report coming out, no collusion, no obstruction and the complete meltdown of the train that was the democrats and
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the mead why were on saying, oh, we're headed toward impeachment, headed towards collusion, that for two years they based their whole life on. it's been interesting to watch. i believe mueller looked at everything that was there. he came to the conclusions we thought he would. what's been interesting for me this week is to watch the democrats in particular look like they lost their first love. they look like fourth graders who got the note from their friend that says i don't want to be your friend anymore and they lost their entire argument. now they're trying to make up something else. it's been interesting to watch how it came about thus week. maria: where does this go now? we know the biased that existed in the justice department and the fbi. we know those texts between peter strzok and lisa page and andrew mccabe facing criminal referral from the i.g., jim comey going out with interviews, trying to keep that going, are we going to see criminal referrals? are we going to see accountability on these people
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who tried to take down the dually elected president. >> i think they will. you mentioned jim comey. it's sort of amazing -- how much gas does that car have left in it? he's been peddling this forge a --- peddling this for a long time. why we're showing the investigation from the last two years is to show that there was a kabaal at the department of justice with page, strzok, baker, others who had a political agenda. we see that from lisa page's transcripts when you have the attorney general weighing in and saying it's not going to be gross negligence with ms. clinton and they came to their conclusion before they interviewed him. the department of justice i think is headed for a cleanup, going back to what the basis should be. the department of justice should be something democrats, republicans, independents should have a department of justice that carries out the law and the truth should be worth pursuing. maria: you're right. in the last two years, some of
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the commentary that i have been putting out on my social media, you know, saying, look, every american should be furious about this, the fact that a small group of people decided they didn't like donald trump, they didn't like his personality, so we're going to stop him. we're going to take him down based on the power seat that we hold, because we are running the fbi. so let me get back to that transcript from lisa page because lisa page told you in the transcript when john ratcliffe interviewed her that she got the word from the doj, lay off of clinton, we're not going to go and pursue gross negligence charges. so the fix was in obviously. is that going to be -- is that going to be investigated, do you think by william barr. are we going to see new investigation intuse the clinton e-mail scandal. >> it's going to be interesting to see where that goes. with these revelations -- for so many years, you and many others who pointed this out, republican on the hill were made fun of. they say you're chasing this, this is nothing. this is what has happened, we
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proved this. when you look at what lisa page said, peter strzok being the untouchable and look at it starting back as early as early 2016, through the russia investigation, through what started the mueller investigation, this is why people do not trust government. this is why people are frustrated with politics. when you had a department of justice with a small kabal that said we're going to control what we want to control because they felt empowered by a president who allowed a rule of law to be skewed for political agenda. maria: take us back, since you've done so much investigating on all of this, take us back. the fbi started investigating donald trump at the end of 2015, right? >> well, it goes back as far as early 2016. the real situation is when they began to see that a president, now president trump who was a candidate actually connecting with the american people, actually making a connection that the candidate hillary clinton never could. that is what i believe happened
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here. when you see the text t messages between strzok and page and you see their concern about donald trump becoming president, that's when it began to heighten up. by the summer of 2016, when the conventions were going on, there was a concentrated effort to say we don't like this and we're going to use our positions of power, my opinion, abuse of power to actually begin an investigation because they didn't like what they saw happening in our electorate. maria: that's another reason i was pretty sure that they were doing wrong because at the convention we did the show live at the democratic national convention and i remember on day one when debbie wasserman schultz's. mails were hacked and we only talked about it for an hour. they changed the subject from my e-mails were hacked and i'm on the record trashing bernie sanders, i'm on the record, in the tank for hillary and colluding against person he bers and they changed the subject.
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that's when the democrats got the media on-board, july of 2016, a and rode it hard for a year and-a-half. >> they did. that's what you saw. when you have this process, you see the same group doing the same things over and over, that's a pattern. and i think democrats just didn't want to acknowledge that because they had enough problems many like you said, they were colluding against bernie sanders to make sure hillary cline tube got -- clinton got the nomination. this was about a man who had a vision for the country who connected with people who has had a two plus year record of helping people, he stands for something, he's a leader and when we understand that, we saw a person who was the democratic candidate who didn't know where wisconsin was. that's why hillary clinton lost and they couldn't get over it and that's why we ended up with some of the problems we're seeing in the investigation. maria: they tried to delegit delegitmize the presidency for the first two years which was incredible. let's get to the transcripts of
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george papadopoulos. why is this important? >> it goes to the beginning of this. we're showing how this actually started. this is sort of sad. here's a young man who admitted in his own testimony, i want a want to be america, russia policy advisor. this is somebody not in the middle of the president's campaign. he met the president one time. they attacked and went after him to try to show a, quote, bigger picture into the trump operation. the mueller report was clear on this. collusion was not happening with the trump campaign. it went over and stated it, said although many attempts were reached out, the trump campaign rebuffed them. this shows to me a callus disregard for american citizens, a disregard for the rights of others, when they're basically hell-bent on trying to find something to get at candidate trump and later on continuing with the. maria:president.maria: we knowl have a list of criminal
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referrals. we'll talk to him in the next hour. congressman, good to see you this morning. coming up, facebook's ad fallout, the technology giant facing legal pressure now from the government over discrimination, details in my exclusive interview with ben carson.
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maria: welcome back. fighting facebook, the housing department taking action against discrimination. lauren simonetti with the details now. lauren: it's an exclusive interview that you just had in the last hour, where secretary of housing and urban development, dr. ben carson, discussed his department's move against facebook. >> what really is worrisome to me is the fact that you have these giant technological institutions like facebook who mine data. they take personal information that you don't even know about. they know what other sites you've been visiting. they know what apps you've downloaded, what your interests are, and then to use this in an
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advertising forum and a platform where you can discriminate against people. advertisers have the ability to say i only want to advertise to women. i only want to advertise to non-christians. you know, this kind of information most people don't he know has been gathered on them and we want to make sure it is not used in an inappropriate way. lauren: the h.u.d. filed a complaint against facebook last week. the tech giant agreed to take steps to block discriminatory ads on the platform. facebook said it will ban content that praises white nationalism. this goes into effect next week, comes in the way of a white supremacist terror attack on mosques i in new zealand. it will also be imposed on instagram. you talked about limiting hate speech in your interview with president trump. maria: let me ask about social media. you said many platforms sensor
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conservative speech. what if any regulation do you want to see in how do you want this to end? >> i hate the concept of regulation on media but it's very unfair many you talk about the word collusion, the collusion between the democrats and these people is ridiculous. it's hard to believe i won. lauren: until now, facebook only limited users from supporting white supremacy. now white nationalism. and apple apology, the company saying i'm sorry to mac book users for problems with the butterfly keyboard introduced back in 2015. the butterfly has been having problems ever since then. a redesign hasn't helped. the current third generation still has issues. no recall or repair program is planned. i urge you to read the hilarious column by joanna stern at the wall street journal. she basically wrote it without "e." that's the issue the butterfly
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keyboard imposes. i had trouble reading her article. drive home the point. dagen: it was hilarious. i made me laugh out loud when i read it this morning. >> it was hard to get through. [ laughter ] maria: coming up, embracing technology in your golden years, how seniors are going high tech ahead. and the global games giving more athletes the chance to take home the gold. not everybody is on-board, though. that story later this hour. back in a minute. ♪ beautiful, crazy, she can't help but amaze me. ♪ the way that she danced, ain't afraid to take chances and wears her heart on her sleeve. ♪ yeah, she's crazy.
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maria: welcome back. technology and active aging, the majority of seniors asked said they're ready to use smart technologies, according to a research firm, consumer technology association. joining us now is gary shapiro. it's great to have you here this morning. congrats on the book. >> thank you very much. great to be back on your show. maria: it's really important to look at what is available to seniors and keeping them engaged as they age with technology. but is that really sticking? is that what you're seeing? or are we seeing efforts but seniors are not really picking it up? >> oh, it's a real phenomenon. we're getting older. we're living longer. there are few care ca-givers ana shrinking supply of doctors. we surveyed 1300 people, half seniors, half caregivers.
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the results were startling. they want to stay independent and they're open to technology. we're projecting the market will grow from $12 billion this year to $30 billion in just three years. maria: chris, what about that? >> i look at this and i realize, you can't resist growth. it's really important. but as you're talking to seniors out there, how are you finding that they're learning about this new technology? where are they going? are they relying on younger people? are they going online? where is the growth coming from? >> that's a great he question. certainly, what we found is caregivers are real big influencers. they're concerned they will miss a fall by a senior they're taking care of or heart attack or something like that. they want to know what's going on. they want to know they have mobility. they want video doorbells for example where they don't have to get up and risk falling. they can see who is at the door. there's so many different solutions out there to real problems. there is a concern about simplicity in use and companies
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are addressing that very easily. best buy acquired a company that makes senior products and they're out there, they're aggressive, there's home installers doing all sorts of new things for seniors. there's a lot of off-the-shelf products which are coming very quickly. dagen: the best advice i can give to anybody having basically been the healthcare advocate for my mother for the last almost five years that she's battled stage four lung cancer, make sure your parents know how to use an iphone. again, it will let them communicate with you. my mother can text. she can send e-mails. she can text her doctor. she has apps. she used an app on her ipad an iphone to recover from a stroke that she had about four and-a-half years ago. so the technology -- and it's not rocket science. it's actually easier than i -- i looked at her, i said mom, you know how to type like 1,000 words a minute. using this iphone will be easier. once they get the hang of it -- i was like you can't break it.
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maria: you can touch your blood sugar. you can get medical testing done too. dagen: that is the most important thing that people like this generation x, taking care of their -- beginning to take care of their parents, it is critical that your parents know how to use most up-to-date technology. maria: i'm going to try that. you're right. give us give us tech examples that can improve the lives of seniors. >> 10,000 people are turning 6 a 5 every day in this country. that population is growing huge. there are tablets and smartphones. there's ride sharing services, and soon self driving cars, our consumer technology foundation are so focused on people with disabilities and seniors and getting technology to groups that are helping them get there. it's making a difference. whether it's video doorbells, remote monitoring, monitoring your various body functions, whether it's your heartbeat, your pulse, whether you're having a heart attack, different things so you maybe save trips to the doctor. that's very important.
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there's all sorts of solutions for if you fall, if you're getting out of bed, if you're taking your medication. there's so many different option that's are coming so quickly which will make our lives better and our parents' lives better. it's really important. >> gary, you talked about caregivers. how are they on technology? many of them come from overseas, they are given sort of minimum training. where does that stand? are they up-to-speed? >> where it stands -- the reason it's an issue, the caregivers are often members of the family, usually younger. they're much more comfortable with technology. >> many people are hiring people from the outside or family members hire people who live in for several hours a day. are those people getting up-to-date on the technology? >> yes, they are. but the truth, let's be honest, that flow of immigrants is shrinking radically. so we're struggling now to get people to take care of people, which is why technology is playing an increasing role. when you have a reduced
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immigration flow, when you have fewer doctors and a rising population, there's tension there and there's shortages. we're looking to technology now to provide some of that human shortage that's out there. but look, the average person lives about a half hour from their parents. that's a far distance when you're concerned about their well-being 24 hours a day. so we rely on technology. maria: look, i think, dagen, you're absolutely right. we've got to get seniors to understand and accept it. sometimes they get afraid, like i don't understand that, it's over my head so i'm not going to think about it. you've got to break through that. dagen: when you're teaching somebody how to use an iphone, don't hold it and do it. put it in their hands and sit with them. and say this is how you're going to walk through it. iphone is amazing. the apps update automatically and the operating system updates automatically so there isn't a security risk and your parents don't have to deal with it. maria: i got my mom an ipad a long time ago and they never use
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it. i'm going to try it again. i'll try again. gary, good to see you this morning. >> thank you. maria: coming up, global markets are on edge this morning, investors are waiting and watching growth, bond yields, vellet o developments oa trade. the fq100 is up 31 points, the dax index is up 9. everybody is wondering, are we going to see a cut in interest rates and what about the ecb moves as well. we've got the latest. and a unique way to serve a bagel sparks a colorful conversation. details coming up. ♪ you make me feel like. ♪ i've been locked out of heaven. ♪ for so long. ♪ for too long. i'm working to keep the fire going for another 150 years.
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maria: welcome back. good thursday morning, everybody. thanks so much for joining us. i'm maria bartiromo. it is thursday, march 28th. your top stories right now, 7:3. markets are lower this morning, a complete reversal in the last 10 minutes, dow industrials down 32 points, s&p 500 down 3 and the nasdaq down 10. on top of yesterday's losses and of course yesterday the treasury yields was really what sparked things. the dow was down 32 points at the close, s&p was down 13 and nasdaq was down 48, all after yields went lower. the 10 year yield broke the 2.4% level. it was below that at 2.34%. hitting the lowest level in 15 months on the 10-year. that was one of the issues with markets yesterday and it
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continues unnerving markets this morning. european markets are mixed. dax index in germany is up 6 and-a-half. we're waiting on more news out of brexit. in asia overnight, take a look at the indices, the worst performer was japan, nikkei average down 1 and 2-3%. the fbi is investigating the jussie smollett case as the chicago police released the files on the case, the outrage after all charges dropped coming up. ea sports, the developer behind the major video games like apex legends and fifa soccer series announcing job cuts this morning. the 2024 paris olympics may feature the sport of break dancing. did you know that was a sport? we've got the debate coming up. the best thing since sliced bread, sliced bagels. not. the photo is going viral, sparking controversy. we will tell you about it. the top story this half hour, markets are worried about lower
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interest rates. we are lower ahead of the final reading on the fourth ga quarter gdp. global markets are watching trade talks between the united states and china as well as the federal reserve as some are calling on the fed to cut rates, that's how weak things have become across the world. joining us is chief equity strategist, bob dahl. a lot to talk about with you today. we want to get into interest rates, the 10 year, the global slowdown. let's start with first quarter earnings, they're on the horizon. the month of march ends next
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week and we're probably going to see earnings come out in the next two weeks. what are you expecting? >> not great news. earnings estimates for the first quarter have been coming down for months now. last september 30, plus 7. january 1st, plus 4. now, minus 3. you can't have earnings expectations keep coming down like that and stocks keep going up. there's some things that are going on. slowing economy, slowing
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top-line and pressure on margins. maria: do you want to sell stocks going into the earnings season then? >> i think i want to make sure i have stocks seven recessions in this country. >> with a lead of one to three years. dagen: right. maria: yesterday you had breaking news on what the fed is talking about, right. dagen: dallas fed president, robert kaplan who you
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interviewed many times, was talking ye yesterday and the wal street journal writes about it today. he says if you see an inversion that goes on for several months, that's a different kettle of fish. but i need to see an inversion of some magnitude and/or some duration and right now we don't have either. he said i'd be careful and we'ro
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see that in fact we're still growing. >> correct. >> i like what dagen was saying, don't over-read or over-react. dagen: that was robert kaplan. i was reading.
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>> when you look european central bank will make cheap loans to banks again. we know that's not going to work. what constructively -- two questions. is the role of the federal reserve grossly over-rated? should they take a long-term vacation?
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number two, what should the government do to stimulate? do we need a tax cut even thouge spending. the u.s. chamber of commerce. >> they always come up with higher taxes. how about lowering taxes? maria: how about making the individual tax permanent. >> i remember steve forbes
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running for president talking about that very thing. maria: flat tax. >> 20 years later we're still -- maria: still talking about the flat tax. okay. so how do you -- with all of this now, how do you allocate capital? >> more carefully. i think the easy money. ♪ she goes down and breaks my heart. ♪ and when it comes to love .
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maria: welcome back. the fbi stepping in to review the jussie smollett controversy. lauren: this is days after the cook county prosecutor dismissed 16 felony charges against the empire actor. agents looking into possible federal crimes related to the alleged hoax. chicago police releasing a report on the original hate crime claims, some redacted to remove witness names and personal information, lay out the steps taken by detectives investigating the alleged attack. the police union asking the u.s. attorney's office to investigate the cook county prosecutor's office which is denying the actor got any special treatment here. so they're investigating the investigators. as chicago's mayor considers
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suing smollett to recover some of the money the city spent on the case. electronic arts cutting 350 jobs globally, 4% of the workforce. ea says it's ramping down the company's presence in japan and russia, this is the latest rounds of layoffs in the video game industry. activision recently slashed 8% of its workforce. strength in numbers, twitch launching a feature allowing up to four people to stream in one window. the game streaming platform saying its squad stream can help creators and other streamers expand their online communities. we've been talking about this all morning, a man from st. louis is getting chewed out on twitter. alex troutman tweeted a photo showing bagels cut like a loaf of bread, you can he see that on the left, the top row, saying it was a st. louis secret. it sparked outrage among bagel lovers everywhere who want the method kept in st. louis. many called it a crime and demanded troutman apologize but
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he's standing by the slices. i'm outraged by this. that's not a bagel. dagen: anybody defending this? lauren: like a pita. dagen: they're living in fantasy land. everybody trying to make sense of this, it's like eating mayonnaise a pas pastramir sand. >> it gives you more surface for cream cheese. think about it. i'm just offering this. maria: no, it doesn't. >> what do you mean? maria: when you cut it like this -- you mean. >> there's more landscape with slices. dagen: i have a suggestion on that. get a spoon and eat the cream cheese out of the little tub by itself. >> that's true. >> we know bagels are the most caloric ridden, carb product out there. if you slice it, like peanuts, you think i'm not doing too bad.
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dagen: don't hate on bagels, steve. the reason you eat a bagel is for the crunchy exterior and the doughy soft interior and you only get that if you eat it -- tear it and eat it whole. there you go. a big bagel lover. maria: what do you think, send us a tweet. coming up, an olympic makeover. details on this controversial move in sports, next. ♪
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maria: welcome back. that is when i threw out the first pitch at wrigley field in chicago during the cubs, brewers game in 2001, the first day -- 2011, on this the first day of baseball. it is back. jared max is back. man, was that fun. jared: happy opening day, maria. what an honor. two opening pitches for you. all major league players get to wear special patches today. in cincinnati today, it's a holiday for the reds opener. the kids skip school, a pregame parade. tickets are twice as expensive as anywhere else today. philadelphia, bryce harper will make his phillies debut after sign ago that $350 million contract with the phils, plays against the braves today. harper has hit home runs on opening day five of the seven years in baseball. the padres free agent, manny machado will make his debut today as the padres host the
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giants. machado's former team, the orioles, 2,000 and one to win the world series at the westgate super book which says the yankees are the favorite. 15 baseball games today and the sweet 16 begins tonight too. four games, college hoops, four more tomorrow, march madness continues. gonzaga opposes florida state just after 7:00 eastern, then tennessee against perdue. in the 9:00 eastern hour, michigan plays texas tech and that will be followed by top seed virginia opposing oregon. jordi nelson will retire from the nfl. he spent 10 years in green bay. the last year with the raiders. tiger woods a winner yesterday. first day of pool play at the dell technologies max play championships, tiger a win, three and one over aaron weiss. weight lifting, back at the olympics. the international olympic
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committee has restored weight lifting to full inclusion for the 2024 games in paris. and the ioc's executive board also recommends adding other sports to the 2024 games, like surfing, sport many climbing, skateboarding, and break dancing. they will discuss this in june, decision deadline, december 20th. we've come along way since breaking two, electric boogaloo. maria: it's great they get a shot at olympic cold. still a ahead, devin nunes on the mueller fallout, next hour, "mornings with maria," join me for that exclusive, coming up. .
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maria: welcome back. good they'res morning. i'm maria bartiromo, thursday, march 2 where our top stories right now 8:00 a.m. on the button on the rooeks, breaking news on china, beijing reportedly offering new proposals this morning, including allowing he foreign technology firms better access, to china's cloud computing market mnuchin, and lighthizer, trade representative are in beijing. >> on that round of trade talks this morning, markets lower futures indicating the market will open lower this morning, dow industrials down 30 points, s&p 500 down three nasdaq down nine, on top of yesterday's losses, the market was are in selling pressure yesterday after the 10-year
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yield cracked 2.4% dow industrials yesterday down 32 points s&p 500 down 13 nasdaq down 48 in if europe more mixed story ft 100 up 33 cac quarante lower in par is dax up 16 in asia overnight mixed there swl take a look worst was japan, nikkei average down one and two-thirds percent, taking on facebook, the department of housing urban development charging giant over ad discrimination, you heard first secretary ben carson an hour ago on this program then this, lyft raising stakes giant lifting price range for ipo tomorrow now looking at opening between 70 and 72 dollars a share, the deal priced tonight will go public tomorrow one winning ticket in last night's 768-million-dollar powerball where the ticket was sold -- coming up. first our top story this hour, the mueller report fallout has judiciary committee chairmen
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nadler says attorney general barr agreed to testify before congress but offered no time line for releasing the full report to lawmakers, democrats are urging barr to release report as early as next week president trump tweeted on this this morning, knocking down house intel chairman adam schiff saying this congressman adam assist who spent two years knowingly unlawfully lying leaking should be forced to resign from congress. the president has kind words for devin nunes acknowledging two year commitment to finding the truth. >> first of all let me say that devin nunes is some day going to be hailed as great american hero they tried to destroy in a man. because he spoke up for good and just all the things that you have to speak up for, but most people don't have the courage to do it he will be some day hailed as great american hero what he did. >> joining me right now is that california congressman ranging member house intel committee devin nunes congressman good to see you thanks so much for joining us. >> thank you good to be with you. >> a victory loop i know,
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better than anybody, because we did this every sunday on my "sunday morning futures" program fox news you came out for two years, and said maria this is not true, this is a lie. this is what really happened, and you educated our viewers thank you for that. >> thank you, maria it was really critical to have a show like yours because we could go on sunday morning, and we could really talk to american people with a large audience, and be able to stay on a long time. and i think that made a difference because we could get down into details what is known as russia gate fiasco we talked about this for the many, manyis dating back to two years ago. >> yeah. >> thanks for making yourself available and your show you played a big part getting to the bottom of all this, we're not finished yet though i think we have to remember that. >> i want to talk about that, you are the reason in john ratcliffe the reason i was so sure of the story as well. and why i was able to communicate to viewers that there is a much bigger story in fact the biggest scandal of
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our time, in terms of what the other side was trying to do, to duly elected president talk about what happens next congressman, because there is a good op-ed in the journal basically saying, look, if -- mueller did not look at the perpetrators, if you don't get to the perpetrators the fact they started an investigation, into donald trump, based on nothing based on no predicate where does this go now? you are looking to -- make criminal referrals in the next week. >> yeah i would start with this, the mainstream media continue to ignore i would say people on russia gate fiasco for the entire time, i think they are listening, but what i said in major concern now is is that the fbi-doj falsely claimed this investigation did not begin until late july. we now know for certain that is not true. we are still trying to get to the bottom of that. of course, there is documents that need to come out, but, we are prepared and are now
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drafting a criminal referral as i think i said on your show, a few weeks ago we want to wait until the mueller report came out so we could just if anything in there that might be of interest, but i think we are prepared now to at least submit our first criminal referral we think will grab everybody that we need to grab to make sure that there is a proper investigation, down at least our referral over to doj, can't force them go an investigation we will give appropriate names some crimes there may be more committed, and after we as we continue to get more information, as more information comes to light we may have to supplement that down the road but we think by the end of next week we will have this out. >> why do you think people missed this so much let's go book you talk about what went on here congressman, because, if fbi started investigating donald trump as early as end of 2015 right? into 2016, they put informants
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in tried to trip him up as much as they could watching him with the american people. >> that is right, i would say this about some of the biggest challenges that we had is because they used our counterintelligence capabilities, the secret about capabilities that are really only supposed to about used to go after terrorists and other bad guys they turned it on a political campaign. this is where they first went wrong, now my estimation is they used what is called counterintelligence could seen it hidden from american people and rest fbi doj why they used counterintelligence opens counterintelligence investigation into trump campaign because they could use these secret capabilities. then, of course, we all know the story about how they went and they went to the fisa court, they misled fisa court lied to fisa court, in order
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to get a warrant on a trump campaign associate, so that they then could get a bunch of e-mails, phone calls records, into the campaign, i am really just -- really just unprecedented if you go back a year ago, the -- the fact that -- that anyone over fbi or doj would think it is okay, to run one informant, 20 informants whatever number into a political campaign, under a counterintelligence investigation is out of their mind! and doj run amok anyone who thinks they can pay they can take u.s. taxpayer dollars, and pay people, in the campaign, in order to get information that is doj and fbi run amok, congress should not tolerate it american people should not tolerate, the democrats should not tolerate it but in all of this the biggest culprit has been mainstream media nonstop reporting on phony issue
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taking garbage in on from it the beginning let's not forget there were many people in the media who were involved in this, from the very beginning, they were working directly with the clinton fusion gps clinton campaign arm dirty ops arm of clinton campaign many people in media were working directly with them they have known for a long time, that that document existed there is no one, no one of the major media organizations would go with the dossier information, because it was so -- salacious. >> now, why do i say salacious? that was the former fbi director's term for it. maria: he said jim comey said unverified salacious that is absolutely right. >> so if you go back and look at the this how possible so salacious, you have the most power investigative unit in the world counterintelligence capabilities with federal bureau of investigation, and you are telling me that you get a dossierive looked at
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lots of intelligence reports over the years, when i first saw that dossier i mean what a joke! he known would believe that why "new york times" washington post wouldn't run that o dossier clinton campaign dirt. >> mueller report is done, but what i want to know is where this goes next, because as you know as you reported and told us will times, the fbi was working on two investigations side-by-side, one investigation was about potential collusion between donald trump and russians when we knew all long was nonsense, the other investigation was looking into hillary clinton. her use of e-mails, and the fbi wanted to charge her with grasp negligence they were idol don't do it right. >> also issues with clinton campaign on you know one of the things that i think still out there, not clinton campaign arm but the clinton operation as relates to destruction of e-mails clearly multiple crimes broken there, it is a two-tiered justice
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system not right. and it is why you look at why -- the new attorney general barr he has a lot of cleanup to do over there, but i do have a lot of confidence in him. i really do. i think he is going to be animal to get it don. >> do you think that another investigation is going to start looking into hillary clinton? given the fact that she -- did -- exhibit gross negligence in terms of e-mails classified dominates documents people say where with russian collusion was clinton pain paid for dossier used russian source to find dirt on donald trump did not -- sell stockpile uranium her organization got 148 million dollars from a russian company her husband made a speech in mos xou half a million dollars all this was ignored, as the mainstream media tripped over themselves, to say it was donald trump and not her, it is pretty well incredible one candidate real ties to russia
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the other having zero yet the other that gets in the headlines of collusion. >> not only that but they investigated they investigated the trump campaign, for exactly what the clinton pain was doing. supposedlyly looking into trump campaign, because they were worried that you russians were infiltrating giving dirt to the trump campaign, on clinton when in fact they knew right in front of very eyes they had clinton campaign dirt they were supposedly getting from russians, christopher steele wasa the hired gun of the clinton campaign arm, was running around, in london somewhere supposedly talking to russians we don't know, but, you know, fbi was willing to take that information and never go do a counterintelligence investigation on christopher stool maybe christopher steele was compromised russian agent we don't foe this is congressman what media didn't do, and just this morning, just read a story christopher steele lo and behold showed up
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finally somebody tracked him down in london there is a picture of him, you know has been in hiding all this time now you are telling me, that every major news media outlet including many in london a big economic center of the world covered on your show quite often, are you telling me that no one could find christopher steele to ask him questions about what was going on with dossier? as you know he was referred by the senate had criminal he referral to another senate for lying. if you look at our investigation, we invited him to come and speak, he never would come and speak, and then low and be holy after mueller comes out completely debunks the dossier completely did he bunksed clinton dirt is debunks suddenly yesterday has time to go and track down christopher steele what a joke. >> let me ask you about mueller report who are not you believe it should be made public barr says he is going to make it available a lot of people came for it in exweek,
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of course, you know the democrats, that is their new big outrage, they are ignoring the contents of the mueller report what we just found instead going word to we want the whole report, whatr where do you sit on that. >> well i actually think i was first member of congress to say that all of the information needs to come forward, so, i don't really care about report specifically, because i think the report should just be burned because it is partisan it should be looked at a lot like, a lot like the -- christopher steele clinton dirt o dossier this is really mueller's dossier what this is okay? so -- so if written by a bunch of partisans, haufr there were a lot of interviews done a lot of warrants issued, a lot of undergo information that do hypothetically fill in blanks to our investigation that i would like to see. but in terms of i don't think people should put a lot of a lot of confidence in -- in you know, the yintricacies the
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mueller indictment rode like russian spy noeflz at the end of the day that was used on purpose to -- to hurt american people and hurt people make it sound like those people were russia agents. >> we want more on criminal referrals your lawsuit against twitter we will be right back with more, devin nunes. i wanna keep doing what i love,
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that's the retirement plan. with my annuity, i know there is a guarantee. it's for my family, its for my self, its for my future. annuities can provide protected income for life. learn more at retire your risk dot org. maria: welcome back i am back with california congressman ranking member of house intel committee devin nunes looking today, at what you are doing in the house today. congressman because you are going to have hearings today, i hear on russia; right? >> yeah. we are having open hearing on russia again today, so, yeah, look i am not as you know, i have been a big critic of russia a big critic how we handled russia over the last decade but i will tell you i have no idea why the house intelligence committee is having open hearing on russia number one, you know we are supposed to about normally meeting with intelligence professionals, the people that
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they are bringing in today most of whom look like very partisan actors, so some look foreign policy gadfly committee still chasing russian ghosts in the closest, instead of real works overseeing 17 very different agencies that protect american people intelligence community in u.s. >> part o could be because your chairman is adam schiff continues to go with the story he has more than circumstanceal evidence collusion between donald trump and russians we now know the attorney general debunks that had said that is absolutely not true as did robert mueller what about that? >> do you want amended schiff to step down. >> amended adam schiff to step down. >> he never produced circumstantial evidence as i understand the case that they are making now, is that there
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is evidence in plain sight. so -- i don't know exactly what that means. but but i haven't seen it. the only evidence i do know that is in plain sight that they have is the trump tower meeting that lasted a total 18 minutes that appears to have been set up by clinton campaign operatives. maria: right. >> only one i am aware of. >> they sent informants to call donald trump, jr., say i have dirt on -- on hillary clinton, so let's meet. so the informants started before actually investigation was launched officially in july 2016, this is just incredible, go ahead. >> i just want is to make sure you know we have no idea, at that point if fbi was involved if that trump tower meeting there is no question that clinton campaign arm of fusion gps and glenn simpson others, were meeting before and after they were representing the that was one of their clients who went into supposedly delivery this dirt, to the
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trump campaign, if that is the evidence in plain sight, i would love to get some of those people in there and really know, exactly what is happening, what happened there at trump tower meeting because i doubt i don't have a lot of confidence that mueller the mueller dossier got to the bottom of that. >> quick before you go, you are suing twitter, and you are goinging to about suing other media companies as well, now, they operate under the idea they are not o media companies, right like the social media companies is your lawsuit basically going to test that whole thinking that they are media companies a lot of people get their news from social media. >> yeah the social media companies in this country in tech oligarchs as i call them operating with very special deal they are not treated like your company is like fox is. so now you know it was in old days if letting everybody love to stuff on internet, only taking out criminal information, like if federal crimes being committed or something, you know that is
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something that -- you know, then it is an easy situation to deal with but that itself no the what twitter and these oligarchs are doing. >> where do you come out with media companies you are suing. >> probable next week. >> congressman we will look for criminal referrals having to do with who started the investigation into donald trump, congressman thanks very much for joining us thanks for all your work hard work last two years you deserve praise good to see you. >> congressman devin nunes there, stay with us we'll be right back. i'm working to keep the fire going for another 150 years. ♪
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"all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. maria: welcome back china trade in focus this morning, treasury secretary mnuchin ushtrade representative lightite in beijing "the wall street journal" reporting china offering concessions, including, allowing foernl providers to own data centers as part of pilot in free trade
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zone, former ambassador, international economic policy analyst richard and jnp securities president mark lehman. >> thanks for joining us richard let me kick off with you reactionary to with a we are hearing out of china this morning, what do you think a deal should being look like in terms of enforcement in terms of holding beijing feet to the fire when it will comes to things like ip theft forced transfer technology will it be able to put enforcement mechanism in there. >> well, first of all what i make of news out of beijing is that people are spinning a positive harvest what they've gotten means they think close to the end of the deal trying to justify it so spin factor points to getting a deal soon, although -- it is not yen ifr tibl. >> chinese moved on forced technology transfer a problems
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said not going to allow forced transfers the problem is there is no real regulatory structure there is no regulatory detail to make that happen. and if you look at surveys u.s. companies they say the forced technology transfer is less of a problem these days, the problems have been the application of laws and enforcement of -- of -- of rules. so having that happen, is going to be hard. at this point, you know frankly the unilateral mechanisms u.s. wants chinese doesn't want because it makes deal look lopsided need? keeping tariffs on having right to retaliate chinese puts them in a position of disarming, and makes it look lopsided so i think you know we really need a better structure for enforcing rules like this, thank you europeans have just head xi jinping in europe. they were dealing with all the same issues i wish we made common cause with them.
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maria: right well europeans don't want to give up huawei telecom at the don't want the take down infrastructure that was made by huawei, and we all know, that there is espionage worries around that. >> well, it is -- this europeans look on that as separate issue that is the european issue. there are differences win europe most countries have said you know going to about careful about it but going to go ahead, european union came out with some rules say everybody has got to do a regulatory segment before they go ahead we are making a a little bit of headway on this but frankly just they are just not buying. >> it steve folks acan we do a clig enforcement of important issues with an u.s. enforce if chinese don't seal ip. >> -- the key thing, a structure in place chinese don't want to go along won't go along will we be willing to enforce rules what we did with cfo of huawei consistently go
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after trade invitations, agreement violations willing to put in jail be willing to kick bank out of the system. >> you don't want two things in in same thing dagen you and i had this discussion a comep weeks ago journal op-ed writing don't mix two up if they broke law on huawei iraning swairngs they broke law don't use the huawei cfo dagen as leverage in trade discussions. dagen: i point to the story that is in the journal today. the national security officials in united states, are ordering the chinese company to sell gay dating app grinder saying the risk personal data app collects will be used exploited by beijing to blackmail individuals with security clearances very big deal i noticed straightaway, as soon as i got up this morning, but, again, about, this is working on many fronts, it is through national security, and
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treasury and oi. >> is it absolutely right, don't confuse trade with enforcement memories got to get trade thing out of the way holding up investments. >> mark you know china deal moshth for market. >> absolutely important i think we are closer the panelists are correct tying two is wrong it is enforcement having wherewithal to do it i think we do look who president trump is meeting with head of google, those things tied together i don't believe coincidences those things going on for a reason. >> about richard, the chinese economy, has been impacted by all of this right the economy there has slowed down, we're getting gdp out of u.s. economy in a few minutes so as soon as we get that i am going to up into you if you are in middle of a saying something bring out the number we are expecting gdp 2.4%, but china is has weakened; right? >> china weakened, china starting to slow down as they grow richer that enhance to
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all economies i think the numbers 6% probable even overstated because of statistical biases, in the end they are going to slow down got thefying out how to deal with it, foreign investment foreign companies, are parted of it, foreign markets are a big part of it. but to a are looking their wages are getting higher and they have got to move up into -- higher productivity and higher quality products you. >> numbers 2.2% on gdp, that is weaker than expected, we were expecting a reading 2.4% getting the eventuallying reading right now 2.2%, mark lehman what is your take here we've got a number that is below expectancies some might say gdp is backward looking want to look in some of the headlines of the gdp number. >>. dagen: i would say this was expected, because we found out last week, that revenues in service sector in united states came in weaker-than-expected only
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seasonally adjusted 1.2% fourth quarter from third. >> looking at this as in line. dagen: this is expected if and if they if people paid attention to your program because the service revenue growth was weakest in five quarters suggested that this number would come in lower. maria: one of the things we looked at in gdp last time afternoon was capex spending mark capex spending very strong in terms of money invested in yintlectual property. >> week fourth quarter activity slowed to crawl we started rebound first quarter this year i i agree that was pretty much inline neb i don't expect markets to move greatly on that, today, but, again, i think you will see a better -- number first quarter out for quarter ended slowly. maria: so you think the first quarter is going to be above 2.2. >> you know it is a great question steve i think there is going to be a little bit more of some of them into the quarter i think rebound has
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been really, quick and unexpected this is -- >> earnings he projections downgraded all the time. >> i think we tall expect that, i think this is like most things in expectations actually market expectations have been tempered i think at low point market rebounded so strongly first quarter. >> do you see a big comeback second half of this year so we can get a china deal. >> i don't know if big comeback in order a snapback from fourth quarter we are going to learn a lot next few weeks quarters where optimism is i know talking about lyft some point going to see optimism in markets for ipos if we have a china deal we have a exuberant ipo market could lead into greater things 2020. >> do you expect rate cut. >> i do not expect rate cut i do not. >> a short break the numbers out not seeing a major reaction, in markets, but the gdp coming in up 2.2%, and markets pretty stable, back in a minute with more richard and mark, back in a moment stay
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with us. .
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maria: welcome back, good thursday morning thanks so much joining us. i'm maria bartiromo. thursday, march 28 top stories right now 8:36 a.m. on the east coast, the final read on fourth quarter gdp came in slightly weaker than expected it was up, 2.2%, with estimate 2.4%, markets did not react much they are edging lower this morning futures indicating a decline start of
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trading 25 points s&p 500 down three nasdaq, down 9 and quarter going through gdp report with you, to show you that all metrics have been taken down in earlies of expectations, the consumer to business spending in europe this morning, markets look like this it is a bit of a better session in terms of performance ft 100 up 22 points cac quarante paris down three-quarters of a point dax up 15 in germany, with session fears about pushing globally bond yields lower 10 year yesterday, breaking through 2.4%, that was what unnerved markets yesterday we continue to see worry as rates move lower, a lot of calls for the fed to cut interest rates, in asia overnight markets were mostly lower seuss the standout hang seng, hong kong up a fraction japan down one and two-thirds percent raising the stakes lyft raised the price range for initial public offering ahead of debut tomorrow will price tonight and start trading publicly
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tomorrow. plus we have the winner, one person lucky person in wisconsin wins 768-million-dollar jackpot the third largest jackpot in history. >> president is tweeting again this morning he is talking about oil right now just said this, very important that opec increase flow of oil world markets fragile price of oil too high thank you. says the president we are back with jmp securities president mark lehman with us navigateing markets as well as economy a couple things to go through growth in business spending mark, on equipment, was revised downward i mentioned, the money being put into intellectual property earlier, business spending was -- revised down to 6.6% from 6. % investment in intellectual property products lowered to 10. down from 13.1% in february a lot of metrics have been pushed down. >> fourth quarter was tough for the markets i think a little bit of pessimism into end of the year we had
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election obviously a lot of things kind of having cro crosscurrents in the market you are seeing double-digit rising intellectual property betting nothing to blush at a tech driven market tech driven economy would not slow down you are going to see more of that not only the technology secretary of state but across sectors lyft going to see more and more health care, i think this is a -- in line not disappointment but something we will expect tax consequences moving in '19 what for the rest of the year focused on seems pretty in line. dagen: one thing unnerving markets instead of bee pomboy talked about it e-mailing before tax profits, kind of a good gage of s&p 500 profits, fell 1.9% before tax profits were down after tax corporate profits unchanged, first time that happened, since third quarter of 2016 so that profit number that might be unnerving
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investors a little bit. maria: jea earlier bob doll told us it is negative not seeing growth in earnings first quarter. dagen: right this is a -- exclamation point on that had started happening in fourth quarter before tax. >> before too pessimistic realize too there is a pay to do gdp when you have a trade deficit they subtract that from economy even though people buying things from overseas a sign of strength in people are buying. dagen: from your mouth to president trump's ears. >> when people do well buy more hurts gdp when you have a punk economy not buying as much that helps, you artificially helps gdp i take numbers a little bit of a grain of salt. maria: i think that is right talking about an economy that is slowing down, but -- you know, ipos riddle me that lyft raising target for the ipo now 70 to 72, deal -- tomorrow the ipo market which is what your knee deep in ipos characterize
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it for us. >> the year of as i have been calling it year of the ipos from year companies my mom even heard of uber, lyft host of people we think, going public in 2019. rumored unicornss final coming out-year you decided whether this economy creating big unicorns is valuable for the public markets, about about unbelievably price raise in private market. >> china having more ipos than u.s.? >> have yeah. >> i'm sorry also the first quarter we were shut for ipos government basically shut sec basically shut first quarter not harbinger for the rest of the year. >> levi's above 22 dollars held there, i haven't looked at it premarket but it held up really well so up roughly 30% -- >> you bring up a good point we've got to say rooted in reality, we can we have to about careful we understand that we are looking at it long term. >> going to ride this thing
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out keep be wire feep finger on pulls. >> this is pulled if you believe in new xhe overused term believe in what is going on with economists some other technologies you have opportunity to pay for them ply in public market. maria: you are expecting good year. >> i expect big unicorns going public learn about health of the new economy for sure. >> mark good to have you mark lehman jnp securities fallout from mueller probe president trump demanding house intel committee chairman adam assist resign. >> department of housing urban development to facebook twisting platform hud secretary ben carson broke nice on "mornings with maria" earlier, we've got details stay with us. ♪ ♪ ♪ here you go little guy.
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a cockroach can survive submerged underwater for 30 minutes. wow. yeah. not getting in today. terminix. defenders of home.
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maria: . >> thank you, maria critical to have a show like irz because we could go on on sunday morning, and we could really talk to american people with a large audience, and be able to stay on a long time. and i think that made a big difference we could get down into details of ways known as russia gate fiasco you are right we talked about this for many, many i guess dating back to about two years ago, thanks for making yourself available your show played a big part get the to the bottom of all this. >> congressman devin nunes with me this hour on mueller report president trump is calling on house intel
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committee chairman adam schiff to resign the host of "varney & company" stuart varney to weigh in on that good morning, stu. >> good morning, maria. look at it like this in same week that robert mueller definitively said no collusion, the chair of the house intelligence said i couldn't undoubtedly there is collusion so after two years 500 witnesses nearly 2 800 subpoenas adam schiff chair house intelligence says he knows more than robert mueller, by the way, he has been saying this for two years! two years ago he said he had evidence of collusion. well where is it? robert mueller do not find it i suggest that this is extremely bad for america. very damaging to america's interests what if foreign governments, intelligence agencies supposed to think when chair of the house intelligence committee in% that the president of the united states is a russian
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agent? highly damaging to america i think very damaging to the democrats if they stay on this track, mueller us do doesn't count all for nothing ridiculous a losing proposition. >> you make good point his title that is carrying him, chairman of the intel committee you stop listen, just like when you are former head of the k-- cia you listen when he said president committed treason should be accountability here i agree with you "varney & company" top of the hour 9:00 a.m. eastern after "mornings with maria," first lululemon today stock of giant rallying check it out 14 percent higher breaking down numbers back in a minute. of the ♪ singing -- ♪ ♪ rock 'n' roll ♪ ♪ ow your passions
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maria: welcome back department of housing urban development charging facebook with violating fair housing act lauren simonetti. lauren: hi hud taking action good-bys discrimination in exclusive interview on "mornings with maria," secretary ben carson discussing his department's move against facebook. >> what really is worse to me is the fact that you have giant technological institutions like facebook who mine data. they take personal information, that you don't even know about. they know what other sites you have been visiting they know what apps you have downloaded what your interests for use in advertising forum program form where you can with
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discriminate advertisers can say i only want to advertise to women to nonchristians, you know, this kind of information most people don't know has been gathered on them we want to make sure it is not used in an inappropriately way. >> facebook agreeing to block discriminator ads on platforms shares down 1.2% amazon expanding operations in texas, a month after the company announced it is not setting up shop in new york it tells the austin american statesman paper it is adding 800 jobs at hub in austin new 145,000 square foot space slighted to open next year amazon not receiving financial incentives from the city of austin. let's look at shares of lululemon, rallying in premarket better-than-expected results yesterday positive outlook performance especially notable against nike dismal report last week i can see
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lululemon surging 13 1/2% right now maria. maria: what with a move, thank you, still ahead millennials and money new survey details spending habitats they find that they are investing we've got chris hogan right here to talk about it back in a minute. ♪ ♪ living -- ♪ it's screening technology that helps you find a stock based on what's trending or an investing goal. it's real-time insights and information, in your own customized view of the market. it's smarter trading technology, for smarter trading decisions. and it's only from fidelity. open an account with no minimums today.
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♪ maria: welcome back. millenials and their money as surveyed by allied financial shows the majority of millenials, 7 out of 10, are actually investing their money and 85% say if they invest, they are netting a profit. chris hogan is here to talk about that. what do you think about this? >> this makes me excited. i have always said retirement's not an age, it's a financial number. if we can get young people plugging in and understanding the power of growing money, what will happen is they will start to be able to live a life that they want to live, doing things they want to do, not chasing money to take care of a credit card payment. so i'm excited for young people. i'm excited that they will start to utilize 401(k)s, 403bs and iras and let money grow. it's a great thing. maria: do you think the younger
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you are, the more active you should be to invest in stocks? >> i think the younger you are, the more apt you should be into investing. i'm not a huge fan of single stocks because of volatility. maria: etfs, whatever. i'm saying investing in the stock market. >> absolutely. i think it's important to know and to grow in that. so if you're not from a family that ever talked about it, i think it's important for that young person to go find the knowledge. they can find it from an employer or somewhere online. come listen to my show, the chris hogan show. we talk about this money stuff. i'm hearing from millenials that are paying off homes or saving up to pay cash for cars. this gets me excited about their future. >> one of the podcasts i will be doing is with one of the inventors of doing index investing, on the investment side, put it in a low cost etf, let it ride and you will do better than the market. maria: you launched a new podcast. it will be every sunday? >> every sunday, 8:00 a.m.
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starts with howard schultz, lot of troubles he had in his childhood, understanding what made this man make starbucks and real presidential run. maria: got to watch it. chris hogan's show, you got to watch and listen to it. thank you so much for joining us, everybody. have a great day. "varney & company" begins right now. stuart? stuart: good morning, maria. good morning, everyone. i am still mad as hell about two political stories that still have everyone talking. number one, adam schiff rejects the mueller no collusion report and says undoubtedly, there is collusion. he won't reveal what evidence he says he has. the democrats won't let russia, russia, russia go. bad for america and ultimately, i think, bad for democrats. number two, jussie smollett. how come he got off? because the trump-hating elites rode to his rescue. smollett said trump supporters are tack


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