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tv   Mornings With Maria Bartiromo  FOX Business  January 6, 2025 6:00am-7:00am EST

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maria: good monday morning, everyone. thank you so much for joining us this morning. happy new year to you all. happy to be back. i'm maria bartiromo. it is monday, january 6th. your top store royce right now 6:00 a.m. on the east coast. today the 2024 election to be certified on capitol hill after mike johnson is reelected as speaker of the house on friday. but the house and senate are at odds over how to execute president trump's agenda with the president-elect pushing for one big reconciliation bill to include border money, energy permitting, tax extensions and raising the debt limit. speaker johnson broke the news with me yesterday on sunday morning futures. would you have that on the president's desk by may. >> certainly by may, yes. in fact, we're targeting a vote in the house, it may be in the first week of april. maria: but some in the newly republican led senate have concerns with the plan. hear what senators lindsey graham and ron johnson told me coming up. futures this morning are mixed
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to start the full trading week of 2025. we've got a lot happening this morning. take a look at stocks. futures indicating a gain at the start of trading this morning, the dow industrials up 7, the nasdaq up 1 151 right now and sp 500 higher by 25. we've got a downgrade in financial services. u.s. steel and nippon steel this morning trading this way as you can see, united steel is up a fraction, nippon flat after president biden officially blocked the $14 billion takeover deal. the first big economic data point of the new year coming up this week with friday's december jobs report along with the jolts report and december adp also coming up this week, the jobs preview right here. european markets this morning are mixed. take a look at the eurozone, the ft 100 is lower by 6 and-a-half, the cac quarante in paris is higher by 36, the dax index in germany higher by 68. in asia overnight markets
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finished mostly lower. take a look at the asian indices with the real strength in korea, kospi index up almost 2%. the weak spot japan, down 1 and-a-half percent. back at home, president biden in new orleans today, meeting with the families of those killed in the new year's day terrorist attack as the fbi reveals shocking new details about the suspect. meanwhile, now exactly two weeks until president trump retakes office and the judge in his new york city hush money case sets a sentencing date for this friday. everything you need to know right here. joining the conversation all morning long this morning, columnist and fox news contributor, liz peek, walser wealth management president, rebecca walser, "mornings with maria" is live right now. it is time for the hot topic of the hour. congress set to certify the results of the 2024 election today as a massive winter storm bears down on d.c. and it's not expected to delay the proceedings. lawmakers now putting focus on iimplementing the trump agenda,
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the president-elect urging republicans to unite and send one powerful bill to his desk which includes border policy, energy security and tax cuts and no tax on tips. mike johnson broke the news with me yesterday on sunday morning futures. >> president trump is going to prefer as he likes to say one, big, beautiful bill. he can put it all together, one big up or down vote which can save the country quite literally because there's so many elements to it. maria: are you expecting to raise or eliminate the debt ceiling as part of that big b bill? >> i think we're going to have to do it in the bill. if you do it with reconciliation, you can do it just with the republican party. targeting a vote in the house, maybe the first week of april. maria: talking about the first 1100 days. south carolina senator lindsey graham telling me this plan is concerning him. he's not sure if it will work. watch this. >> if we don't put border first
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and get it done, it's going to be a nightmare for our national security. to the tax cut wing of the party, i am with you but if you hold border security hostage to get tax cuts, you're playing russian roulette with our national security. i'm saying that as we negotiate tax cuts, they're tax cutting people and i'm one of them that won't vote for border until they get all their taxes. i'm not a big fan of the salt deduction. i live in south carolina where we have low taxes. why should people in south carolina subsidize california and new york? maria: this is the battle as lawmakers try to understand and figure out how to implement president trump's agenda. liz peek, you heard what he just said about the salt deduction. that's what's going on right now. the members of congress who want the salt deduction cap lifted are pushing back saying, look, if salt is not in there, i don't know if you have my vote on
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border. this is going to be a big issue for the president. >> look, maria, first of all, they need to get one big bill done. there has never been a congress that passed two reconciliation bills. it's too complicated. look, the gop has to get on board. that's the bottom line here. they have to be unified. they have to push the people's agenda and trump's agenda. a majority of the country voted for donald trump and they knew what he wanted to do. he wants to cut taxes. he made a lot of promises on the campaign trail on taxes. and to lindsey graham's point about national security, i would say national security starts and ends with the economy. if we do not reenact these tax cuts, we have a massive cliff at the end of this year and the economy will go into recession. yes, the border is extremely important. all republicans are on board with the border. that is not in my view terribly controversial and they should be on board with tax cuts as well.
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let's get this done. maria: i was really struck by these new issues that lawmakers are dealing with. it's going to be real complicated to get one big beautiful bill the way president trump wants it. there's a lot in here and i have already spoken with a couple of senators over the weaned, liz, who say there's no way i'm voting to raise the debt limit or eliminate the debt ceiling and that's another thing that president trump wants in there. so this is what's going on, senators are trying to figure out how they're going to execute the agenda but if you've got all this stuff in there, you're going to lose some members. >> you may lose some members but maria, all of these republicans come from districts, i would say all of them, that voted for donald trump so they need to get their heads in the right place. salt is legitimately controversial issue. i get that. but none of this other stuff is. raising the debt limit is a stupid thing to get stuck on. we've seen this before. this is a nonevent.
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i think -- i agree with trump. i think he talked about just getting rid of it. it is an artificial barrier to progress. don't let it be that. maria: the time line that mike johnson gave us yesterday is to get a vote in the house by the end of april, try to get it on the president's desk sometime in may and perhaps get it passed by memorial day. rebecca, even though we're talking about six months, that is a very tight schedule to get all of this stuff implemented and at some point markets are going to start deciding whether or not, you know, pushing tax cuts all the way to the end of the year is a game changer for buying stocks. >> yeah, maria. i think that the longer that it's delayed, the longer that we have such division in the gop side of the house it's a problem because state and local tax deductions is what we're talking about on the schedule a itemization and it's not fair to the senator's point, it's note fair for us to subsidize if you live in florida, a nontax state
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to subsidize new york and california the rich multimillionaires which can deduct state and local taxes off their tax bill. maria: the other big story this morning is president biden's decision to block the japanese company nippon steel from acquiring u.s. steel. this is facing criticism. biden writes this, the deal would place one of america's largest steel producers under foreign control and create risk for national security and critical supply chains. both companies are condemning biden's decision as unlawful, saying the president's statement and order do not present credible evidence of a national security issue, making clear this was a political decision. we're left with no choice but to take all appropriate action to protect our legal rights. nippon steel may sue the u.s. government over the decision. japan's prime minister is asking for an explanation why this presents a national security. lydia hu spoke with the ceo of
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nippon steel. watch this. >> a couple months ago you also said you were faux cussed on the deal. i think -- focused on the deal. i think you seemed confident the deal would close too. yet president biden just blocked it. what went wrong? >> we did everything right as a company with nippon. we did everything right. the government failed us. they failed because they didn't follow the process. and we're going to right that wrong. they failed our workers. they failed our communities. they failed our country. they failed our best ally in asia and they've emboldened china by not following the rule of law. maria: liz, by the way, president trump also deems this a national security threat. >> yeah. and i think both of them are wrong, maria. this is a combination that would make our industry stronger.
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this is an incredibly important asian ally that we're counting on to help push back against china. everything about this decision is cheesy politically and i think just plain wrong. born out of a time during the campaign when everybody was going after union votes. but this is the wrong decision. maria: well, this has a lot of implications on trade, dumping steel in the u.s. is going to spark trump's behavior on trade. we're going to zero in on this coming up in the show and we'll have more of lydia's interview. stay with us. we'll be right back. you're watching "mornings with maria" live on fox business.
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safeguards your truck bed from costly damage. order american made products at wt.com surf's up! maria: welcome back. futures this morning starting the first full trading week of 2025 on the upside. take a look at futures indicating a gain at the start of trading this morning, the dow industrials up 32, nasdaq is on fire right now, nasdaq up 174 points. up almost 1%. s&p 500 is up 29.
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markets year-to-date and we're talking about a couple of days up a fraction. the dow industrials up half of a percent, the s&p up 1% and nasdaq up 1 and two thirds percent in 2025. joining me now is pro chain capital president david towel. thank you for being here. so much to get to. i'm looking at the fund strat thomas lee report this morning, he's looking at the rule of the first five days invoked by january 8th. he says if we get gains for the first five days of the year, that tells us that the rest of the year will show gains and he goes through several years, for example, since 1950 when looking at the first five days if the s&p is positive you get a gain of 13% for the full year. do you buy that? >> i love tom lee. and i'll take anything to go ahead and point to a bullish year. but i'm not a subscriber to that rule but that's okay. at the end of the day if it ends up proving true, i'm all for it.
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i think the first six months of this year are going to be incredibly bullish. i am less decisive about the second six months of the year because as you chronicled in your last segment, there are a lot of issues to go ahead and attack on the hill and we need to be prepared for a lot of unexpected events to come out of this trump white house. maria: yeah. and we see that already playing out. we had breaking news yesterday on sunday morning futures with house speaker mike johnson telling me he's aiming to send one reconciliation bill to trump's desk by the end of april. how important are the tax cuts in this bill for investors, david? we've got tax cuts, energy permitting, border money, and deportations as well as now lifting the debt ceiling, all aiming to go in one package by the end of april, trump's first 100 days. that's a high ceiling to get to.
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if it doesn't happen, is that a big disappointment for investors? >> i think it will be a big disappointment for investors. i understand that trump wants to leave a legacy. i also understand that trump twowants to radically change the system in one fell swoop. that's the easiest way to do it. being a calculate ed investor that has more to lose than the next four years, i certainly agree with lindsey graham to go ahead and get the singles and doubles and take care of the further reaching goals a little bit later down the line when you've gained as much momentum and consensus. i recall very poignantly with respect to this how much political capital obama wasted on obamacare and after that he was effectively neutered and i am scared that trump may not even goa get to the finish linef he tries to pack everything into
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one bill. what's the harm in going ahead and getting things done that are remarkable for the public like immigration and then tackling frankly, maria, like you, i'm in a salt state myself so i want to go ahead and get those things taken care of too but i don't know if the right thing to do is to try to go ahead and tackle those things out of the gate and try to deal with some pretty deep divisions inside of the republican party in order to go ahead and get that across the line. maria: you're right. and that's what most lawmakers want. i mean, certainly that's where the senate is. i spoke with senator ron johnson and senator lindsey graham, they said the same thing. they're not voting for eliminating the debt ceiling. ron johnson said he's not going to vote to lift it either. so that's going to be a problem for some. you lose that vote if that happens and then you lose another vote on taxes if you don't -- on the border if you don't have taxes in there. that's what's happening now. the new york lawmakers and the
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california lawmakers, liz, are holding congress hostage to this. they want that salt deduction lifted and if it's not in the bill, we don't know if they're going to be buying into the border issues. >> agreed. full disclosure, i live in new york. i want a bigger salt deduction, maria. because we are being killed with high taxes here in this state. but look, i think this cannot be something that all this legislation dies on the hill of, excuse the bad grammar. we need to get the main tax cuts renewed. that is the main story and, yes, no taxes on tips would be a great add-on. whatever else donald trump wants to prioritize, let that happen. but let's not all come to a grinding halt over this issue of salt. i agree, it's a very important thing for some legislators but guess what, most of them are democrats. maria: yeah. well, look, i mean, the house is on one footing and mike johnson
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is all in on what trump wants. but the senate is somewhere else. one thing i think, david, that both sides are agreeing on is to get regulation down and that's the idea around paul atkins coming in at the securities and exchange commission, going to be a big positive for crypto. i want to talk to you about crypto because crypto this morning is mixed. bitcoin is up again, rallying again since election day. president-elect trump's pro-crypto agenda helping digital assets. bitcoin, all the way up to 106,000 for the first time in december. now at 98,000, 9. you told me on the program last month that bitcoin is going to $250,000 by the end of this year. you still holding to that prediction, david? >> absolutely, maria. we are just getting started with this market and not only the crypto markets but the stock markets into this year. listen, we took a breather. we didn't have a major santa claus rally around the markets. i think a lot of people were
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taking some gains, selling, getting prepared for tax season, frankly, which they're going to have to pay a fair amount of capital gains this coming tax season. but this is going to be super charged economy and i think, frankly, that's where trump's most challenging element lies. the strength of the u.s. economy and certainly the strength of the u.s. economy as compared to the rest of the world. we have a really strong economy, unemployment is going to continue to go ahead and tick down. the federal reserve is going to have to go ahead and deal with that. trump will have to go ahead and deal with that. so will markets. while economies around the world are struggling and are cutting rates because of weakness. maria: yeah. great point. you're bullish on stocks and on crypto, david. so we'll be watching your work for sure. great to see you this morning. >> thank you, maria. happy new year. maria: and to you. david towel. we'll be right back. stay with us.
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it brings people together in meaningful ways. ♪ ♪ >> president trump is going to prefer as he likes to say one, big, beautiful bill. he can put it all together, one big up or down vote which can save the country quite literally because there's so many elements to it. maria: are you expecting to raise or eliminate the debt ceiling as part of that big b
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bill? >> i think we're going to have to do it in that bill. do it in reconciliation, you can do it just with the republican party. we're targeting a vote in the house maybe in the first week of april. maria: so you're talking about the first 100 days. >> memorial day. maria: and that was house speaker mike johnson joining me on sunday morning futures yesterday, the trump agenda. president-elect trump posted on truth social urging republicans to unite and send one powerful bill to his desk as soon as possible. that would include border security, energy policy, tax cuts, no tax on tips, also it would include raising the debt ceiling. south carolina senator lindsey graham among others told me this plan is worrying him. he's not sure if this actually can work. watch this. >> if we don't put border first and get it done, it's going to be a nightmare for our national security. to the tax cut wing of the party, i am with you but if you
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hold border security hostage to get tax cuts, you're playing russian roulette with our national security. i'm saying that as we negotiate tax cuts, they're tax cutting people and i'm one of them that won't vote for border until they get all their taxes. i'm not a big fan of the salt deduction. i live in south carolina where we have low taxes. why should people in south carolina subsidize california and new york? maria: joining me now is florida congressman carlos jiminez. congressman, great to see you this morning. thank you so much for being here. lindsey graham just zeroed in on the issue at hand. you want to execute president trump's agenda but you've got lots of different priorities among members. is that what's happening here, the new york and california lawmakers are holding the congress hostage to make sure they get their salt deduction in there before they agree to buy in on the rest of this agenda? >> look, i think that the tax cuts are going to be the most
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difficult aspect of the package because we have differing opinions. you have on the one hand the house freedom caucus says it needs to be paid for and then you have those representing the blue states that are saying no, the salt deduction, there's room for compromise but it can't be what it is right now and actually i thought that the senator actually argued against himself. he's saying he wants border security but he's got issues with something. that's why you have to put it all together. it's going to be a difficult development it's an up or down all of it. we need to deliver for the american people so i am with speaker johnson's plan, with the president's plan, need to put it all in one big package, put it through. it may be a difficult development you've got to -- difficult development you've go. no, i'm against that, but i love border security but i don't want to vote for that, we have to get the tax cuts through. maria: the more stuff you put in this bill, congressman, the
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more likely you're going to have people saying no, i don't want that and i don't want this. for example, now this latest thing is to put the debt ceiling in there. i've already spoken with ron johnson and lindsey graham and ron johnson said there's no way he's voting yes to eliminating or raising the debt ceiling. >> right. you know, there's an old saying, everybody wants to go to heaven but nobody wants to die. all right. and so what we have to do and the problem is, maria, once you start taking care of the easy stuff, you won't get the hard stuff done and so you've got have some of those sweeteners in there in order to get the whole bill passed and so that is the argument against this. well, i don't like salt, well, i love salt, hey, i don't like to do the debt ceiling. but you know what? we've got energy to deal with. we've got regulations to deal with. we have to get the border security done. and by the waying president trump can take care of a lot of
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the border security on his first day in office by reinstituting many of his executive orders and getting rid of the biden orders. that will take care of a lot of issues on the border. the money aspect of it, the deportation aspect of it will take time anyway. so yeah, i think we need to do one bill and i support the speaker and the president in their quest. maria: and i'm told that one of the first executive orders on january 20th from president trump is going to be an order freezing all pending rule making. how many executive orders do you expect from president trump on january 20th? >> i expect something about that tall. all right. [laughter] >> because he's going to have to do -- he's going to have to undo everything that joe biden did to destroy this country. he has to reinstitute those things that were working during his administration and then instituting new executive orders that he learned or he wants to impose because of what just happened four years ago so yeah, i expect a pile about that big
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and we need to get moving on saving america. i welcome it too. maria: let's not forget today is january 6th. you and your colleagues will certify the results of the 2024 election today. we spoke about this yesterday too with mike johnson. i mean, we've got a massive winter storm bearing down on d.c. right now. it's not expected to delay proceedings, we don't think. have you heard from any members that the storm is keeping them away from d.c.? i know president trump is being credited for helping house speaker mike johnson retake that speakership last week. you had two, ralph norman and one other change their vote in the 11th hour and go with johnson after they spoke with trump. several holdouts. congressman, will house republicans stay united here and pass dr trump's agenda even with the thin majority. >> the difference is president trump. two years ago we went 15 rounds before we had a speaker. there was no president trump. with president trump, we went one round. that's the big difference.
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that's why i guess he is calling a number of the members of congress to go to mar-a-lago to talk about -- he wants to talk to the salt congressman, wants to talk to the house freedom caucus leadership to put this together. as far as certification is concerned, as long as we have a quorum we don't have a problem. i don't expect that now. i expect this to go smoothly. and we need do our constitutional duty and certify this election and then we need to have president trump come in and sworn in on the 20th so we can turn this country around. maria: real quick on foreign affairs, the select committee on the chinese communist party has been reauthorized for the new congress. i want to get your take on china in the midst of the two stories underway that we're watching. number one, trudeau is expected to announce he is exiting before the national caucus meeting on
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wednesday, he's going to resign as prime minister of canada, we understand. just contjustin trudeau and we e japan situation, biden blocking nippon from acquiring u.s. steel. are these china related? >> trudeau, no, i think trudeau is a victim of his own making, his disastrous policies and so i really think that's great that we're going to have hopefully a conservative government in canada. as far as, look, we're trying to protect american steel so we need to do that. we need to start making our own steel. as far as china is concerned, the second verse is going to be like the first. china is our greatest threat. we need to continue to keep an eye on china and i hope that we continue the work of the 118th on the 119th. maria: we appreciate your work on the china select commit at this moment we understand the threat and we appreciate that good to talk with you this
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no restricted stock market hours. choose the path of direct bitcoin investment with itrustcapital because access equals opportunity. invest in bitcoin at itrustcapital.com today. maria: welcome back. president biden and first lady jill biden will be in new orleans today, meeting with the families impacted by the deadly new year's terror attack. 14 had14 people were killed, dos other injured. shamsud-din jabbar visited new orleans twice in the month leading up to it. the fbi said jabbar used meta smart glasses during the attack, allowed the user to record videos and photos hands free. investigators say it does not appear jabbar activated the glasses to live stream his action. investigators looking into a number of other domestic and international trips that jabbar took including a 2023 visit to
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cairo, egypt and others to atlanta and tampa. the fbi says jabbar was shot and killed by cops before he could remotely detonate two explosives that he placed near bourbon street in new orleans. nbc news reporting that jabbar used a very rare explosive compound to make bombs, called r-salt, that has never been used in a u.s. or european terrorist attack. joining me now is former nypd inspector, fox news contributor and the ops desk.org founder and lawyer, paul morrow. great to see you. we prior unite your incredible insights into all of -- appreciate your incredible insights. you were head of operations in nypd intelligence for 1 s 5 years. what are your thoughts on this case? >> i think at this point we can concede that we are past the initial response and we are into for lack of a better term the blame game. it's time to do a deep dive forensic into what was missed
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here. just to be clear, counter terrorism is not a zero sum game. you're not going to spark to everybody who might be a threat. we've seen it past post 9/11, we put in a lot of prophylactic measures around the country and new york city and we still got hit a few times. that said, it's time to take the gloves off and look to see what it was here that we missed relative to his travel, relative to his clear radicalization, whether online he could have been picked up either on the other end, that is, from the isis side of things, either through nsa work or other stuff using sources or if something could have been picked up here. we actually backed off a lot of our forward pressure on the terrorist groups that threaten us overseas. and so what that really does is it dissolves to the home front for us to pick it up here and we have to take a clear-eyed look at this thing. doesn't mean anything was missed. but if we missed something because everybody at the fbi was at dei training then there has to be changes. maria: that's a great point.
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then there is las vegas and the u.s. army green beret who fatally shot himself before blowing up the tesla cyber truck in front of the las vegas trump international hotel was apparently like loy suffering from post traumatic stress disorder, according to law enforcement, matthew livelsberger was recently treated for depression. police recovered notes from is damaged cell phone which shows concerns about the direction of america. >> this is an excerpt from the letter. he said fellow service members, veterans and all american, time to wake up, we are being led by weak leadership who only serve for themselves. this is a wakeup call. americans only pay attention to violence. what better way to get my point across than with fireworks and explosives. maria: your thoughts. >> everybody looked to the fact that it happened on the same day which suggested a commonality
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between two events. a number of us were pouring water on that because it felt very different. what this is to me, it's the kind of thing you see often in police departments which is you have a broken relationship, reportedly he and his second wife had broken up, had a big fight and something about infidelity and then you have access in the police world, you have easy access to the gun and unfortunately it leads to a bad decision and a police suicide. this felt like that. i think that's being borne out. it's cinematic to say things like i don't believe in coincidences, no such thing as coincidences. if you have done investigations, you know coincidences happen all the time, just like in life. that's why we have the word. it looks under the facts we have it looks to be hardening up into a situation where we have a broken relationship, some evidence of ptsd. he doesn't seem despite having the training to develop a bomb that could have done a lot more damage, doesn't look to have been looking to hurt or kill
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anybody here, just to make a statement. i think this is unfortunately coalescing into a statement suicide over somebody who had mental issues. maria: this is just incredible. i want to get your take overall on the backdrop here. there are more commuters expected to take the subway and trains after new york city congestion pricing went into effect yesterday. the city transit crimes are on the rise, though. you get in your car, you've got to pay up. you get in the subway and you're worried about your life. the latest attack coming out of a bronx station stop, a man was stabbed yesterday morning, a metro north rider stabbed in the chest over the weekend after complaining about loud music while arriving in grand central. 52-year-old man with 87 prior arrests arrested for two subway stabbings while carrying a large knife allegedly used in both incidents. kathy hochul seems to be, i don't know, on another planets. she is praising the decision to add security cameras being
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installed in every single subway car, paul. your reaction. >> really all she's done is allowed for us to get more lurid videos of people getting attacked and turning the new york city subway system into a rolling psych ward. this is nothing prophylactic. this will allow us to see the damage that she has done, the new york city counsel and the prosecutors in this town. remember something. alvin brag's day one memo which by the way pretty much all four of five prosecutors in the town adhere to don't prosecute theft of service. the people that are doing a lot of this stuff don't belong on the subway to begin with. but they just walk on because there's no sanction. we're not prosecuting that anymore. as a result, the subway has become a place where people with nowhere else to go or with bad intent can walk onto and the rest of us get victimized. this is not going to work. i actually think it's the end of hochul's career politically because this is so unpopular. maria: i mean, paul, you were
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the first person to tell us about tren de aragua. you came on the show so long ago. i'm talking -- i mean, i think it's about two years that you told us about this venezuelan gang that was raging in america and certainly you knew about it in new york. do you have any up update on trn de aragua and what officials have been able to gain or have they had any success in taming this group? >> here's the problem with that. they're establishing themselves in various cities around the country and it's emerging they're more organized than we expected from the beginning and the problem is if you let them get established it's very hard to get them out of there. i go back to the mafia analogy where j edgar hoover ignored it for years and as a result it's very difficult to get them out when they became entrenched. we allowed that. when was the last time you saw the headline that the doj, the feds took down a big tren de aragua case. you haven't because they
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haven't. it's been different police groups around the country. we need a synchronized national effort on this, shared intelligence, big cases. maria: that's what trump is trying to do we'll see if it changes materially in a couple weeks in the coming months. paul, great to see you. thanks very much. incredible insights from you as always. thank you, sir. >> thank you. maria: fox corporation has made a donation to the love one louisiana foundation by the way in support of those impacted by the terrorist attack in new orleans. if you would like to donate to help the victims you can visit go.fox/nola. a cold week is ahead as a winter storm bears down on much of the country. we've got a live report on the weather coming up. then some of president biden's picks for the presidential medal of freedom causing online outrage. yes, this is the highest civilian award to be given. how come hillary clinton got one? how come george soros got one? you're watching "mornings with
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maria" live on fox business. stay with us.
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rewards members, get early access to an ea sports fc25 kit. visit xfinity.com/rewards. maria: welcome back. well, here it comes, the first massive winter storm of 2025, slamming more than half of the country. 27 states seeing heavy snow, blizzard conditions, crippling ice causing travel chaos, power
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outages for nearly 100,000 customers, at least 11100 flights have been canceled, mostly around baltimore, virginia and washington, d.c. britta merwin is in philadelphia with the latest. britta. >> good morning, maria. we'll likely see some problems in philadelphia international airport as well. that's south of downtown where i'm standing. those are the famous rocky steps right behind me. they're under a winter storm warning at the airport where we're expecting heavier snow in the south side of the city than downtown. here in downtown, we have a winter weather advisory. we'll pick up about 1 to 3 inches of snow which i know doesn't sound like a ton of snow but let's talk about snow in the northeast. we really haven't seen much. for downtown philadelphia, the last time they saw over 5 inches of snow was back in 2022. we're going to be just shy of that. but just 20 miles south of here they're going to get hammered with more than half a foot of snow. in washington, d.c. we have a
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snow emergency in effect. a lot of pretreatment on the road, take it easy out there. we're tracking the winter storm on fox weather all day long. maria: we'll be watching that, britta, thank you so much. britta merwin. meanwhile, there is this. canadian prime minister justin trudeau reportedly ready to announce his resignation. gerri willis with headlines in. >> that is right, president-elect trump may be dealing with a new canadian leader as justin trudeau could reportedly resign as early as today. even members of his own liberal party calling for his resignation after falling poll numbers this as they face several challenges including a housing challenge, high inflation and declining gdp and trump's tariff threat. as of now, no final decision has been made. and just moments ago, president biden banning new offshore oil and gas drilling across
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625 million acres of u.s. coastal territory. this coming just weeks before president-elect trump takes office. biden invoking the 1953 outer continental shelf's lands act which doesn't include a procedure that would allow trump or other future presidents to reverse it without congressional authority. biden also taking aim at donald trump and reporters on his way out while signing the social security fairness act yesterday. he said this about president-elect trump and the media during his press conference. listen. >> i think what he did was a genuine threat to democracy. i'm hopeful that we'll get beyond that. the only thing, i know more world leaders than nay one of au met in your [bleep]. it's not a joke. what really hurts is when we talk about immigration the way we do. >> wow. biden has a history of lashing
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out at reporters during his time in office. and the job market is getting tougher for unemployed office workers. a new wall street journal report finding the number of people searching for jobs for six months or longer is up more than 50%, that compared to last year. that's 1.6 million americans struggling to find work, mainly the tech, media and finance fields. experts say hiring is slowed but in fields like mining, manufacturing and transportation, hiring has not slowed and some analysts say those markets are responsible for more than half the overall job create in the past 122 months. 12 months. the story everybody is talking about this morning, president joe biden facing more backlash after honoring people like george si soros and hillary clin awarding them the medal of freedom last week. elon musk calling the soros pick a travesty on x.
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sources known for dough late indonating tosoft on crime auth. others include denzel washington an lionel messi. i'm going to say i think that former police commissioner ray kelly said it all, as he said, he could think of no one who has done more to undermine the rule of law in this country. maria: yeah. than george soros. >> right. maria: unbelievable. you're right. thank you so much. liz, i want to get your take on that. look, i have no problem with people like ralph lauren and anna wintour, i guess, getting the highest civilian award but to give it to george soros and hillary clinton raises questions, liz. he also bestowed the second highest civilian medal on liz cheney and bernie thompson who led the january 6 commission. i spoke with molly hemingway about that yesterday. here's what she said about it. watch this. >> this award to liz cheney
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really is inappropriate. in the course of running this committee to supposedly investigate the january 6 incident at the capital she obstructed justice, she witness tampered, she hid that evidence, completely failed to release that evidence until -- it only came out after republicans took control of the house. this is not someone that you should be giving an award to. maria: liz peek, your thoughts? >> well, look, i mean, this is just politically provocative to put it mildly and you know, remember that joe biden ran to bring the country together. he goes out as divisive as he has ever been, maria. this is such a finger in the high ' eye of over half the country. remember, who voted for donald trump. so joe hasn't quite gotten it in his mind yet. he has been rejected. his policies and his politics have been repute re repudiated e
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american people. he hasn't gotten the message. maria: we have a lot to come in the hour, stay with us. r you'reig watching "mornings with maria" live on fox business. wanna see? (♪) like earning more money on my money as a head chef. ready for service? yes, chef! and saving to give back to local producers. sofi can help fund any ambition you're hungry to achieve. like investing in everyone's dinner table. bank with sofi to earn a higher apy and an epic welcome bonus. sofi. get your money right. morikawa on 18. he is really boxed in here. not a good spot.
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