>> i certainly do i think they were concerned about keeping the commodity of the senate going than actually finding the role of the people at this point. the american people have called for a divided government, they don't want more action, they want the border secured, that's what this election did. for cnn and house democrats going to the podium feigning outrage of what's happening on the southern border is an absolute joke but the senate republicans can stop this right now if they say no to the package and due to a short-term deal. david: byron donalds, ford o'connell, thank you for coming in on a friday evening. i am david asman emperor elizabeth macdonald. you're watching "the evening edit" on fox business. have a wonderful weekend. ♪ from the fox studio in new york city, this is "maria bartiromo wall street". >> happy weekend all, welcome to the program that analyzes the week that was in helps position

you for the week ahead. i am maria bartiromo last minute scramble, the democrats hustling to push through one more massive spending plan this year as the white house calls are republicans. steve scalise house majority leader elect is here to respond. bracing for impact, title 42 indy next week were expecting up to 14000 illegal migrants will be at our southern border everything will day what is president biden's plan to deal with this a while become wall street growing fears of an imminent recession, any pull carrie is here to tell us where to put your money now plus a bombshell report by house republicans on the origins of covid-19, james, is demanding more from answers from dozens of biden officials on how u.s. taxpayer money funded research at china's wuhan lab while the senate bands tiktok from government devices over national security risk. i'm asking congressman comer when and if the house will do the same.

first congressional negotiators have a week to craft a new massive spending plan for 2023 estimated at $1.7 trillion after the senate passed a temporary government bill on thursday. the white house is calling on house republicans saying this is a major test to see if they could put governing above their ultra maga agenda, joining me right now house majority leader elect steve scalise. congressman it's good to see you this weekend. thank you so much for being here. how do you respond to joe biden attacking republicans been at great to be with you. maybe joe biden forgot his party is running all of washington still to this day, he's in the white house, republicans and democrats are still running the house. democrats are in charge of the senate, that all changes in three weeks in large part because even people are fed up with how they have failed to do their job, think about this. we're in late december and the

september 30 was the deadline for democrats to do their job and get an appropriation package in the funding of government in place. they missed the deadline september 30 they did a short-term patch and another short-term patch in were finally on the eve of christmas and they get around starting to do their work, they shut republicans out of the process in the house and they going to try to blame us because they can do their job. american people are sick of this way of doing business. we're going to change this when we get the majority and just three weeks. maria: what happens after the government is funded just for the weekend. will we see another massive spending bill because they are in charge? >> we haven't even seen the bill. again there is talk in just a few days congress will vote on a 1$1.7 trillion package in nobody in america can see it, we cannot see it. the chair of the house

appropriations committee wasn't even included in the negotiations. this is a broken system, democrats broke it and then they want to blame everybody else under the sun, we've seen this on every front on energy prices when prices started to skyrocket because joe biden checked on american energy he tried to blame everybody else. remember those days, the energy companies, pollutant, covid. is everybody but him b except te american people know it's his fault when he failed to lead on this run as well. maria: another thing that is broken is the border and it's about to get worse, title 42 is indeed on wednesday. officials expected to 14000 illegal migrants will be showing up at our southern border every single day the new york post had 18000 people a day, democrats are voicing their concern that the president has no plan to deal with a massive surge, watch this. >> we sent a letter very similar three weeks ago that said where

is your plan, we never got a response back. >> would you ask him to wait? >> i think if they don't have a plan then they need to wait to end. maria: that was jon tester, the white house is demanding more from congress take action before this policy expires next week. how did we get there what can congress do right now congressman. >> you no good and well because you recovered this, president biden created this problem even before he was sworn into office, he sent out a message that the border is going to be open, he opened america's borders what he did was re and did the remaining mexico policy which was effective of keeping people who want to seek asylum in mexico because most of those claims are not valid. instead joe biden let them in day one and they came in droves, caravans, thousands and thousands a day. title 42 is one of the few tools saying under a public health. you can't come into the country

if you can't prove your case. thousands of people were being turned away from that even as more were coming in and then is letting that expire. he does not have to do that. congress would like to take action when republicans are in charge were get a bring bills to secure america's border but joe biden can do this today with the stroke of a pen. he refuses to because he wants an open border even when it own secretary of homeland security is admitting working have 15000 people coming in nearly a day. secretary mayorkas will not take the actions necessary to secure america's border. fentanyl is killing 300 people a day, 300 young people today are dying just from the fentanyl coming across the open border. maria: that is so disturbing. you also have up to a million got a ways they intentionally invaded apprehension because they wanted to get into the country and not be apprehended. congressman i don't know where this is going.

karine jean-pierre the press secretary says the president put forth an immigration policy earlier in his administration. do you know anything about this? >> they sure haven't shared it with us. even if there is one out there it's not working when you've got up to 50000 people coming into our country illegally every single day including people on the terrorist watch list coming across the border. their policies, joe biden's failed policy is a disaster and its crushing communities all across america when you look at communities like eagle pass or el paso there being overwhelmed they can't handle the influx but they're going to other towns all across america to, they will not share how many, there are more people that have come across the border then the entire state population of a number of american states.

that's how bad it is and joe biden does not care he won't take the action or even go to the border. kamala harris appointed to be the borders are wont even go to the border. we're going to hold hearings when were in the majority at the southern border to highlight how about this problem is for america. maria: we look forward to that i know you're planning on hearings at the border. thank you so much. steve scalise joining us this weekend. thank you very much. a wild week of markets with skyhigh inflation slowing retaid kenny pulled carrie next on where to put your money today. this is the planning effect.

if you used shipgo this whole thing wouldn't be a thing. yeah, dad! i don't want to deal with this. oh, you brought your luggage to the airport. that's adorable. with shipgo shipping your luggage before you fly you'll never have to wait around here again. like ever. that can't be comfortable though. shipgo.com the smart, fast, easy way to travel.

maria: welcome back here's where markets ended the week after jay powell suggested we will see higher interest rates for longer. then we have a week of unexpected retail sales number sending the doubt to the worst day in three months, joined me slatestone wealth chief market strategist kenny polcari give a sure thoughts on what you heard from the fed and how markets reacted, what are you expecting

from the new year from stocks. >> first of all i don't think we heard anything new from jay powell that he has been talking about for two months. he did exactly as he said rates went up 50% in ball he led the door open to the february move, the idea rates are still going after going up 50 basis points i don't think he's going to cut back in february the way the market immediately tried to suggest that maybe he was. he was clear, he was concise and he stayed on point. he did give anyone the idea that you establish. on friday, on thursday we got the same thing from all the other federal banks, the european central bank, christine cannata been clear she was crystal clear when she said not only raising 50 basis points but you can expect 50 basis point hikes in the new year. i think that's everything investors should've known. they have been saying and we've been talking about inflation is out of control.

i'm not surprised. was i surprised the violent reaction by the way the markets hit? a little bit but a lot could be tied to the algorithms and the way they interpret the data at the speed in which we receive the actions. but i'm not super concerned in the sense do i think the bottoms get a fallout were going back to 3000, i don't think we are at all but i think it be continued volatility in the new year i think we'll get santa claus rally in the s&p 4000 and the new year volatility as a new year begins and we wipe the slate clean and we start to look at the data all over again. >> how do you want to be position? we know profits are slowing there isn't much profit growth away from energy expected in 2023. you have worries about a recession. how do you want to be positioned going into all of that in the new year? >> if you want to be in the

market then you have to push positioned herself defensively. the stuff that i say our people need you on consumer staples, you want energy, you want utilities, you want healthcare. those are names but look at all the performances they're all relatively holding it while considering the rest of the market absolutely slammed utilities are flat in dividends you're actually up. healthcare is off 6%, maybe 7% if you look at consumer staples those are flat versus all the other sectors. if you're worried about next year which i continue to be i overweight those sectors. but it doesn't mean i completely eliminated some of the other sectors. why semis are down 35% this year is beyond me because her in every single thing that we touched and use. therefore i'm building a bigger position nvidia is my favorite name but this am semis is a grop

that people should look at if you look at tech look at big tech microsoft, ibm, apple. he shouldn't necessarily look at the high growth sexy names because they will have trouble but that's how you should position yourself if you want to be in the market. maria: if we have a rough market in 2023, what does your portfolio look like away from stocks. >> you have to look at bonds. a two-year bond 4%. you can go to a bank and set up cd 4.5%, you gotta start to look at short duration bonds i would not go long duration i would go to short duration even the three months will get you 4% you can roll the every three months and therefore you have the liquidity you're only three months out but 4% with no risk. as a retail investor those other places and if you're really worried about the market going down you may want to take some

of that and play the contra side like the psq which would get you short the nasdaq or sh and epf you buy it like a stock but to get to the contra trade or short they're down. when the market goes down the etf's are up in value that a great week this week, last week when the market got crushed because of the contra trade. those are strategic not long-term investments. people need to understand you need to be strategic when you buy those into how to get your levels and know what you're going to get out of. maria: it's good to see you, thank you so much. a new report shows the origins of covid-19 may be linked to china's bio weapons program. the house oversight committee chairman elect james, is demanding more from answers. the senate banning tiktok on government devices calling at at athreat to national security.

could it lead to a national ban? >> if you tiktok on your phone, you should delete it now and probably get a new phone as well. it poses a severe threat to your privacy into your security and that's a lasting trip for the rest of your life. ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq ♪3, 4♪ ♪ ♪hey♪ ♪ ♪are you ready for me♪ ♪are you ready♪

♪are you ready♪ ♪ what will you do? will you make something better? create something new? our dell technologies advisors can provide you with the tools and expertise you need to bring out the innovator in you. what if there was a community of like minded people ready to support you when you need it most? christian health care ministries is an organization with over 40 years of trusted care who understands the importance of family. a group that sees you for who you are, regardless of your health history, offering values based affordable health care cost solutions. learn more today at yourchm.org about health care that puts you in control. it's official, america. xfinity mobile is the fastest mobile service. learn more today at yourchm.org and gives you unmatched savings with the best price for two lines of unlimited. only $30 a line per month. that means you could save hundreds a year

over t-mobile, at&t and verizon. the fastest mobile service and major savings? can't argue with the facts. no wonder xfinity mobile is one of the fastest growing mobile services, now with over 5 million customers and counting. get in on the savings and switch today.

maria: welcome back republicans on the house intelligence committee reporting the origins of covid-19 may have been tied to a chinese bio weapons program, they say it could've spilled over to the human population during an incident at the wuhan institute of virology. house oversight and james, is launching a separate investigation into taxpayer money sent to the lab and wuhan demanding more from documents and testimony from the biden administration officials and urologist to have done research

into covid origins. congressman comeau joins me right now. it's great to see you, thank you very much for being here. how do you plan on getting answers here. i know in the early days of this disease we had scientist dying and wuhan. it's one of the reasons that all of the circumstantial evidence from the scientist dying to the amount of activity around the wuhan lab and that it was shut down in october of 2019. all of that leads to exactly what you are saying, what can you tell us about this? >> we always knew nothing would good was going on in the wuhan lab. what is most concerning number one u.s. tax dollars were sent to the lab to do the dangerous gain-of-function research. number two by all accounts intelligence community has covered up every effort to try to determine the true origination of covid-19. what were doing on the house

oversight committee we sent letters supporting government employees. every government employee that had anything to do with sending tax dollars to eco-health alliance that received a letter, any government employee that had anything to do with sending grant dollars to any of the scientists in america who defended doctor factories terrible making, they got a letter. i don't think a lot of people were expecting this to start at the bottom that we identified all 40 of these employees all of whom had been identified before and we asked them to come before the house oversight committee to be interviewed in the transcribed interviews starting in january. maria: it's extraordinary and so disturbing the fact that we now can confirm that this may have been part of a bio weapons program. yet the communist party of china playing around with biological weapons and you have the

democrats covering it up. tens of millions of people are dead as a result of covid-19 and i don't believe you've had one hearing on the origins of covid in this democrat run congress in the last two years. >> not a single hearing by the democrats. all the bad decisions they make this is the most bizarre to me. republicans were never accusing democrats of creating covid-19. republicans were accusing china of creating covid-19. all for the past two years in the democrat majority republicans have requested hearings, every committee in the house of representatives but not a single hearing they wanted to act like it's part of our life, all we need to do to fix it is been more tax dollars and grow the problem. they never had an effort to try to determine the origination of covid-19. if you remember the president

spent 90 days, he told everybody to hold tight 90 days he was spending all of the intelligence community to china to determine the origination of covid-19. 100 days later they came back and said we can't find anything. since then you take the work that the oversight committee, we found e-mails that pointed dr. fauci and doctor collins trying to spend the lively narrative, we point to e-mails that show doctor factories earliest advisors say this is obviously a lab leak, is obviously man-made but the intelligence community couldn't find anything about that now we have the house intelligence community saying they have evidence that would point to dispute a part of china's experiment with bio weapons. this gets worse every day it's a shame so much time has passed because is giving china more time to cover their tracks but republicans are going to do everything in our ability in january to get to the bottom of what really happened and see if

there's any way to hold people accountable for what happened in the lab. maria: it's amazing to me that there's no pushback whatsoever on communist china. joe biden has spoken tissue shipping five times not once did we have evidence that he reset issue of origins of covid-19 and then there's tiktok the senate voting unanimously to pass a tiktok band, not tiktok is going to be banned on government devices. house speaker nancy pelosi says she wants to include senator josh hawley's tiktok in the omnibus b plan. what do you think of the. >> minivan tiktok for the government devices for the sole reason that tiktok knows the location of anyone who is using their app, they should be very concerning for every american but at the very least we need to band tiktok from government. i don't know what government employees will be using using tiktok on the government devices

anyways. that alone is a problem. at the very least we don't like china need to know the location of every government employee in the united states, i strongly support this and remember the first person to say that tiktok was bad and we needed to band tiktok is president trump. maria: in fact designed to executive orders to force the sale of the company in john ratcliffe rd did the national security assessment of this country to use ago but joe biden walked into the white house in reverse all the terms executive orders so were doing the same exercise again two years later. we appreciate your leadership in working to be watching all of your moves in the new congress. thank you. thank you. one important thing you need t know about ahead of next week. that is next if they're not nervous, then i'm not going to be nervous. financially, i'm the flight attendant in that situation.

the relief that comes over people once they know they've got a guide to help them through, i definitely feel privileged to be in that position. ♪ ♪ over the last 100 years, lincoln's witnessed a good bit of history. even made some themselves. makes you wonder... what will they do for an encore? ♪ cityserve, started rescuing women, children and the elderly. and as winter approaches, they need our help more than ever. from your neighborhood to the nations, cityserve international providing food, shelter and transportation to millions

through a vast network of churches. help us serve the people of ukraine this winter by donating help us serve the people of ukraine this winter by donating now, go to cityserve.us to give.

maria: walking back one important thing you need to know going into next week the

shipping deadlines to get your gifts, family and friends before christmas retailers have their own shipping dates. if you don't want to spend an arm and a leg with the post office follow these guidelines the deadline for retail ground and first class mail is saturday. this monday is a deadline for priority mail prices starting at $9, weight later than that and it will cost you, join me this week and 10:00 a.m. on sunday morning on the fox news channel "sunday morning futures" is live exclusive interviews with mike turner former housing and urban development secretary ben carson, rnc candidate harmeet dhillon and utah attorney general sean reyes on fox news channel. that will do it for us. thank you for watching and those celebrating this weekend have a very happy hanukkah. i'll see you again next time. >> hello this week at the wall st