doing maverick, top gun. they don't necessarily want the stuff hollywood is turning out so governor newsom will have a larger deficit than the 33 billion he has now. >> i don't know that much about pr but i feel if you are trying to claim victimhood as she did there, maybe don't put rich stars out front. where the victims most americans are like no, you're not. >> a lot more sympathetic people they should have as the face of the movement and not have it be somebody posing with the kardashians. >> side-by-side, we are the victims. >> she was like i was looking. you are getting your read on. >> 2007 strike, 37000 jobs were lost and billions of dollars were lost so it is going to h hurt. >> it won't show up in the next report because it's too much alone. >> two words -- read a book. ♪

>> happy weekend to all, focus on the program that analyzes the week that was for the week ahead. i am maria bartiromo, getting to the bottom of the hunter biden skinner, the house oversight committee announcing a hearing in the upcoming week, two irs whistleblowers will testify on alleged meddling in the investigations on hunter biden and the biden family. republicans looking into accusations of preferential treatment. meanwhile, house judiciary world christopher wray this past week over allegations of a two-tier system of justice. >> you personally worked to weaponize the fbi. >> the idea i am biased against conservatives seems somewhat insane to me. >> are you protecting the biden's? >> the president is under investigation. >> i'm not going to confirm -- i didn't say that either. >> the america people, we

represent losing count of the scandals amounting. >> house republicans didn't get a lot of answers, what can we expect to learn next week? burned me now, the congressman leading the hearing, house oversight committee chairman james comer. thanks very much for being with us this weekend. >> my pleasure. >> so much to discuss, where are you in the investigation of influence peddling for the biden family? i want to get your take from the whistleblowers but what can you tell us now, what have you learned? >> we've learned obviously more bank transactions, this family has been receiving money from all over, everyone knows that, people who get there news from other outlets are as educated on it so wednesday we are bringing the whistleblowers in, these are credible career irs employees who have never blown the whistle on anything. one is a very partisan democrat,

we are excited it's going to be a bipartisan panel. we are going to be able to ask very specific crimes committed by various members of the biden family. there's a lot of talk back and forth about they should have been in charge of money laundering or wire fraud or foreign agent. what level of tax evasion do they have? we will dive into that in a public setting where every american will have the opportunity to watch this hearing live and i think the america people will be satisfied with the answers we get and i'm excited because we found all of these that make no sense. i don't believe a penny of revenue, a penny of taxes on most of this millions of dollars received from adversaries around the world but the question is, what did they do to receive t this? is it service they provided as a

capital investment? we don't know so if you are into planets like most of your viewers are, this should be a good committee hearing that will allow us to move forward in the deposition process when we bring these individuals helping launder the money, we can ask specific questions about specific transactions. >> have you been able to identify specific policy decisions joe biden made as a reason to get paid? he came into the white house beginning of his term and canceled the china initiative which was an initiative to indict people sending information to the ccp while they surveilled and spied on us, was he paid for that decision? >> you look who president biden had advocate that was the then president of the university of pennsylvania whose now ambassador to germany but

remember what we've learned is university of pennsylvania was a recipient of tens of millions of dollars of anonymous donations from china so who better to go advocate to abandon the china initiative which was an fbi investigation into the massive chinese spy ring that china has in colleges and universities and conduct research where american taxpayers subsidize research and development and chinese students steel that information and send it back to china. every american should want that but joe biden ended that. ended the fbi investigation into that with someone who's received tens of millions of dollars just like joe biden is a bad decision for the american people, it puts china first in america last and then you look at burisma with

firing the prosecutor, talked about that in the past but i think you will see more evidence come forward that joe biden had a lot more knowledge about charisma than what he's ever claimed so we are at the phase of the investigation where we accumulated bank records to where we can ask irs employees specifics and now bring the people in for deposition and s say, what triggered this wire transfer from china? what triggered the transfer from romania? why did you launder it? why didn't they send it directly to the biden's? we can answer those questions publicly to where every american can see it. >> that is really compelling and incredible. the amount of money we are talking about and the number of countries. i saw in terms of romania this week as well. >> romania, what's so obvious what happens in romania, joe

biden just flew down there and was talking about foreign policy and foreign aid and as soon as he left while he was vice president, while he was vice president and in charge of foreign policy through romania, his family started receiving payments from a romanian foreign national, corrupt romanian foreign national. it makes no sense, the payments the way they were sent were intended to be laundered through show companies while he was vice president. never explained what the family did to receive over a million dollars from romania and then you throw in china and we haven't gotten to the middle east and africa yet but this family influence petaled and put biden's first and america last. >> another big story, the secret service closed their probe into the cocaine found at the white

house after 11 days, they don't have enough evidence to find a person of interest. i sat down with former president trump in an exclusive interview airing sunday on sunday morning futures. here's part of his reaction, let me ask about that probe. >> they come after me and they can't find drugs. do you know how many cameras they have? opposite the front door of the situation room, they know who this was, i don't think it's possible for bags of cocaine to be left in a certain area by the situation room. i'm not talking five blocks away. the situation room where you decide on war, nuclear. >> pretty extraordinary. now we know there were two other incidents where drugs were found last year. your reaction to this? i know you want an investigation of this. >> i do but unfortunately the evidence is gone. they supposedly sent a bag of

cocaine and they couldn't find any fingerprints or anything. i guess someone came in with thick leather gloves in the heat of summer and related down there but one of two things happen, either secret service is being dishonest with the american people and this is another example of another cover up for another biden or they are incompetent and if they are incompetent than that is concerning to every american because the white house is supposed to be the most secure safest location in america. this houses our leadership for our great country and you are telling me somehow, somebody can sneak in and lay a substance in main section of the white house and no one have any idea who did it? they don't have any suspects or anything else? is one of two things, either another cover up or another example of incompetence by a

government agency. >> we will keep a spotlight on it. thank you for your work and good to see you this weekend. >> thanks for having me. >> we will be watching that hearing wednesday. thank you, james. quick break and president biden still not giving up on his student loan forgiveness despite a strike down from the supreme court. the new workaround and impact it could have on the economy. lower inflation numbers and big lower inflation numbers and big banks, market higher, where should you be putting your money now? next. ♪

welcome back, here's a look at markets and in a busy week after two major reports on inflation showing inflation is rising at the slowest pace in more than two years for consumers and businesses. better than expected, jp morgan and wells fargo and city, top

and bottom line. joining me now, chief market strategist, kenny to address all of it and look ahead, kenny, good to see you. what did you make of the earnings we saw friday this upcoming week? >> i love j.p. morgan which is one of my favorites, once again jamie diamond performed beautifully although you heard great news out of wells fargo, state street and then even before the, pepsi, they also did very well so we have gotten off to what feels like strong earnings season, so far about 75% of the companies and there have been about 20 so far in 25. 72% on the top and bottom lines. i understand that cut estimates but yet there guidance have been positive so the lookahead feels

good so i am excited where we are and where it's going to be. next week you could see goldman sachs and morgan billy, those are different kind of banks versus the chase but we will see what happens. >> they are much more tied to the capital markets in terms of investment banking and trade and a good quarter for the market so maybe they will get exposed but we have seen some deals and ipos, right? >> right and that's where you will see the pressure especially on goldman sachs where you might see trading on one hand elevated but other stuff not. people are preparing goldman sachs, it will be very interesting if they do disappoint even beyond what the estimates are. >> we've talked so much about the backdrop and all of the spending we've seen and stimulus in this economy on friday

breaking news from the biden administration, they will automatically cancel student loan debt for 800,000 borrowers total of 39 billion in relief and this is incredible to me. we heard the supreme court cool the student loan debt forgiveness unconstitutional going forward with it. >> essentially they are saying i'm going to do what i want, i don't care what the supreme court of the united states has to say, this is what i promised and part of my campaign promise, i'm going to fulfill it or at least try to and then makes this surprise announcement. the democrats are becoming frustrated with that policy so i don't get good for what it says about borrowers, where is the lesson learned in that? number two, what does it say about inflation x cancel student debt so where does that go?

are people going to use it to fuel prices higher and higher? as part of the concern amongst us, it's not a good idea for the reason. >> the truth is, inflation rose to 40 year highs because of the stimulus and spending out there so the tsunami of spending because you got the fiscal side or against with the federal reserve is trying to do, would you buy stocks today after the first half of the year, the nasdaq up 35%? >> i would buy stocks and continue although i'm not buying those names of double, triple digits, names like mega names in tech, i'm not buying those but in my buying underperformance, healthcare, that's down 90% year to date. i think it speaks volumes for what the rest of the industry

will do, opportunity and some other names that would cause me to continue to put it to work but not in the name of the really stretch specifically in the mega cap tech space. >> great to see you, thanks so much. >> thanks for having me. >> cutting costs, speeding production, chipotle testing out a new robot that might help you get your side of walk a little faster but what does it mean for jobs? i'm asking the chief operator of tripoli next. ♪

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welcome back, more influential pulling growing list of restaurant automation technology

to speed up reduction time. the restaurant chain testing its auto created to slice and peel avocados and speed up the guacamole and under an hour chief operating officer, scott, it's great to have you. thank you for being here. >> i'm going to talk about exciting element. >> there is concern robots like this will place jobs, tell us how you see it. >> it's not our approach, we are leveraging here at chipotle to improve the experience and we know ultimately it leads to a better guest experience over also our goal are as we launched our chipotle next fund was to find creative ways to remove the mundane repetitive routine tasks that our team members are faced with every day and that's precisely what avocado is designed to do. >> you got already an impact on

traffic, foot sales, obviously strong sales in the last quarter, how would you characterize business today? >> overall very solid. we posted a strong number, 10.9% industry margins that are industry-leading margins i should say, so feeling good where the brand is positioned today. more important on the human s side, organization today we are better staff and seeing better attention to numbers than we have in probably five years which is a huge testament to the culture here in an organization, especially given what happened through the covid pandemic. >> i think you make great points in terms of people coming back to work. people have changed their approach to work, they don't want to have the schedule they had before covid-19 and we've seen productivity get impacted by it so now you've got

technology working to help that, we are looking at video of another technology innovation and i was reading and analyzed report who wrote an extra five transaction equates to 1% move in sales. that's pretty incredible, is that how you see it where technology is enabling more transactions, enabling better sales? >> absolutely. if we can remove labor necessary for tasks like buying tips for several hours in the morning, i think you are well aware we make our chips fresh every day and every restaurant in that allows team members to spend more times on guest related, we bring the experience to life everyday with pots and pans, knives and cutting boards on stove tops and then during peak hours of the day, we are able to deploy more

labor to move transactions down the line in a much more efficient manner because we know our consumers are on the go, they are busy people and need to get to the line quickly so where it was grounded in this idea of getting back to the basics of running great restaurants, we are moving to deductions and activity it is it value added drives more overall. >> an environment where debate in terms of how slow the economy gets later in this year end into next year, where does the growth come from in the coming year or three? >> consumers think about or get smarter about spending in the back half of the year, i think chipotle will still be on the mental menu if you will because we give the consumer value, abundance, variety and hold nutritious food. that's the ability -- i'm sorry, i was going to say that compared to or in addition to leveraging

33 billion folks in the low 80 base and driving transactions as well, a meaningful business back into the year. >> it looks terrific. congrats to you. we will watch the growth story at chipotle, thank you. >> have a wonderful day. >> ntu. i got one important thing you need to know ahead of next week right after this. ♪

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theaters this thursday despite polar opposite lots, many moviegoers plan on spending five plus hours with the barbie movie and epithet, a double feature. the 20000 members have bought tickets to see both movies same day. barbie plans on seeing it in theaters. stock up this week following it all on mornings with maria, 6:00 to 9:00 a.m. here on foxbusiness and i will see you on the fox news channel sunday morning 10:00 a.m. eastern on fox news for sunday noon morning futures. i got an exclusive interview and wide-ranging interview with former president donald j trump. 10:00 a.m. that will do it for us on foxbusiness, have a great west of the weekend and i'll see you again next time. ♪ >> barron's roundtable sponsored by global x ets. ♪