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maria: welcome back, good monday morning. thank you for joining us. i am maria bartiromo monday january 6. 7:00 a.m. on the east coast. time for the hot topic of the hour, congress is set to certify

the results of the 2024 election at 1:00 p.m. eastern as a massive winter storm bears down on d.c. is not expected to delay the proceedings. lawmakers are pretty the focus on implementing the trump agenda. the president-elect posted on true social urging republicans to unite inside one powerful bill to his desk as soon as possible which includes border security, energy policy, tax cuts and no tax on tips. house speaker mont johnson broke the news on "sunday morning futures" which also included the debt ceiling in the new bill. >> president trump likes to say one big beautiful bill. if he can put it together one big up or down vote that could 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 the big bill? >> i think we will have to do in the bill and reconciliation you can do it just for the republican party. retargeting of low and the house and maybe in the first week of

april. >> you're talking about the first 100 days. maria: the worst-case scenario is having a bill out by memorial day but of course south carolina senator graham has been working on two bills one focused on the border and energy permitting later on and tax cuts later on in the year. this idea of doing one plan is concerning. >> if we don't put border first and get it done it's going to be a nightmare for the national security to the tax-cut wing of the party. i'm with you but if you will border security hostage to get tax cuts here playing russian roulette with our national security. as we negotiate tax cuts they are taxcutting people and i am one of them that won't vote for border until i get all their taxes. i'm not a big fan of the salt deduction. 11 south carolina where we have

low taxes. why should people in south carolina subsidize california and new york. maria: liz peek this is a conversation a washington among lawmakers have, how will they get on the same page trump is committed to office in two weeks and he wants a bill with all the priorities on the desk in the coming months. >> i think someone mentioned earlier a lot of the border protection and strengthening can happen via executive decision by the way executive order that's what trump to the first time around. maria: they need $100 billion and they cannot get money through executive order read then you $100 billion to do the deportation to create beds and facilities to hold people while they're deporting them. that is what that is, they need $100 billion in congressional approval. >> if johnson is right and they can get all of this under one

bill and get that done in the first 100 days i don't see why wait on the tax issues. i think they're much thornier than the border. certainly republicans are unified on the border issues. let's get done all of this. the reason trump wants this, his advisors no it's much harder to do two bills than one. by the way lindsey graham may have issues on taxes. we are more of a majority in the senate we could lose one or two senators, republican senators and still get this done. we have no flexibility in the house whatsoever so they have to take their lead a little but were. maria: that's the issue they cannot lose easily and they have a slim majority last time to reconciliation packages were done was under newt gingrich that was the speaker of the

house. and they were able to get it done but that a much better majority. a bigger majority when newt gingrich was a speaker. >> i think the american public is looking for massive change for how the sausage is made in this first pass that were getting the sausage is so full of stuff that we cannot even get anything actually done especially when it comes to not so much the border with the tax policy that trump talked about continuing and renewing. it's a big problem if people do not want to see trump come in and have a repeat of his first administration which was completely hamstrung. maria: by the way another story in the washington post that trump aids are ready to narrow down his tariff plan. that is another positive in their talking about the critical items to tariff read another story were watching could touch trade and that's new pond steel

they may sue the u.s. government over president biden blocking acquisition of u.s. steel. biden said the deal would place one of america's largest steel producers under foreign control and create risk for national security and critical supply chain. japan's prime minister is getting involved asking washington to explain clearly why this deal presents a national security concern. lydia hu spoke with the ceo of u.s. steel and a fox business exclusive. watch this. >> a couple of months ago you also said you were focused on the deal and you seemed confident the deal would close in president biden just blocked it. what went wrong? >> we did everything right is a company with nippon, the government failed us, they failed because they didn't follow the process. you we're going to write that wrong. they failed our workers and they

failed our communities and they failed our country. they failed our best ally in asia and even bold in china by not following the rule of law. maria: i do see national security issues because steel is used in the military and throughout the industrial economy in president trump was against the steel. he said you have to block it. >> biden and trump are wrong on this, what is nippon steel going to do take the factories out of the united states, that's not going to happen. just the opposite they're willing to put a billion dollars into resuscitating plans that are old that are not competitive. this will strengthen the u.s. steel producing, forget whose name is on the top of the leaderboard. were talking about companies investing in america and that's what presumably donald trump is all about and i agree with u.s.

steel ceo this is a real slap in the face of japan. japan which is beginning to produce weapons and be helpful in confronting china and that is a huge change over the last 20 t relationship and we need to encourage the strengthening of our steel producing industry. maria: what do you think rebecca. >> have a little bit of a different take. i think back to the 2020 pandemic and i think about the bolding that we were doing to china for the medical ingredients because of the supply chain. this is the third u.s. steel producer in the united states. mostly manufacturing aluminum sheets for cars and construction, and those kinds of things. in japan is a strong ally and we consider them a loyal partner since world war ii. it's your point we cannot

outsource, this is a way for a foreign country to common and bypass the trump tariffs. on the same protectionist or not we have to think about how much our supply chain is controlled outside of her own country. maria: this is something wilbur ross used to complain about a lot major steel investor there. were get a look at the story and let you know what happens here. were just getting started. a quick break. microsoft expected to spend big money on a.i. enable data centers this year, that is the word on wall street panel on expectations we're going to look at big tech which is leaving the valley. fox business. stay with us. ♪

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maria: it is time for the word on wall street. top investors watching your money, morgan stanley managing

director and private wealth director. also rebecca walser. thank you for being here, great to see you both. futures are trading higher take a look at stocks as we kick off the first full week and the new year dow industrial .23 and dow industrial to enter 27. i think has something to do with the trump agenda and what were hearing on trump's terrorists plans husband or mike johnson told me on "sunday morning futures" he wants one reconciliation bill to trump status by the end of april how important are the tax cuts for investors in the debate that lawmakers are having over one bill with the tax cuts and the border money as well as potentially the debt ceiling getting raised or two bills which send a lindsey graham has been working on. >> thank you for having me on, happy to be here i think it's extremely important leasing the tax cuts that trump into place

in 2017 and had a very positive impact on the general public investors in the corporations that benefited from that. i would expect that to be a benefit as well very clearly. maria: the washington post is reporting this, the story president-elect aids are looking at universal a import duties but only on certain sectors among big moves of the presidency, the washington post reports the tariff plan would apply to every country of only critical imports, three people told the post iq shift from the 24 campaign is just focusing on the certain sectors, your thoughts? >> i think what he is doing is prioritizing areas that he believes that we cannot competitive in and also be able to give the business to u.s. companies and i think that makes sense. it's a matter of drawing the

line insane and we will not overpay into business with people not respect. maria: breaking news on the new pond steel in u.s. steel deal they will file a joint lawsuit against the u.s. government. lydia hu is on the story. >> good morning maria breaking moments ago nippon steel in u.s. steel announcing they are filing a pair of lawsuits against president joe biden and the committee as well as u.s. steel competitor cleveland cliffs ceo in the president of the major labor union united steelworkers aiming to get a new cts review process under the trump administration. i had a chance to sit down with the ceo of u.s. steel dave barrette for his first interview since president biden blocked nippon accusation of u.s. steel in the move last week to get his

remarks on the lawsuit and all the companies moves from here. watch. >> we did everything right as a company with nippon. we did everything right, the government failed us they failed because they did not follow the process. and we're going to write that wrong. they failed our workers, they failed our communities. they failed our country they failed our best ally in asia and even bold in china of law. cynthia's is supposed to be robust and confidential and we find it was neither robust nor confidential and the president of the united states shamefully painted that process from the very beginning we respected the

process and that was a mistake that we made. >> you call biden's actions shameful and corrupt. he said this is evidence of his political corruption, why, political corruption in what way, why would he do this. >> apparently he felt that he owed the union boss. eod union boss a favor in exchange for an endorsement that's only thing he is a long history of working with the unions and he wanted to support them even though this is wrong for our country and wrong for our workers. >> u.s. steel and nippon are exporting legal rights and you are suing, tell me about that. >> at u.s. steel we live by code of conduct retaken very seriously and safety is first with us we had that term in 1908. what we say was safety if you see something say something and do something.

like with legal issues we have seen corruption and organization for mildly and we're going to do something with litigation to right this wrong so our workers in our communities and our country will benefit. we need to fix this. when we see something egregious like in this case clearly the process was tainted and from the very beginning when he made his first statement about the deal he has been unwavering in the cost of u.s. steel intercommunity a lot of time and energy and money because he did not follow the rule of law. the should've closed in the second quarter. it strengthens national security. >> we will soon have president electra. have you been in touch with this transition team or with president-elect trump. >> i have not we look forward to the opportunity. he is not the president yet but

i sat with him on march 1, 2018 will be put in the tariffs at that point. i know he cares deeply about the workers and i believe he will write this wrong. he will understand the facts of the situation and he's a bright guy and he will make sure that we follow the rule of law. he had a little bit of experience being attacked by the some illustration so he knows what were going through. >> the union united steelworkers have been among the loudest critics of this deal. >> of going to interrupt. the international union has been, the workers, no. i would invite anyone to talk with the workers and get the truth how they feel about the deal because international has had any dialogue with the workers. they don't understand this deal.

>> how do you move forward working with the union. >> we have a great relationship with the local union. the international union's challenge because we have not had a great relationship with them but the work gets done at the plants and the people at the plants understand what needs to be done and they understand this is a great deal. >> give a collective bargaining agreement that is coming up for renegotiation middle of 2026. this will certainly be an issue that comes up. >> i think is going to have to be some healing. >> as dave burritt put it some healing will have to come as nippon and u.s. steel say they are filing a pair of lawsuits aimed at among the defendants, the president of the united steelworkers the major labor union. we are in the process of

reaching out to the union and cleveland cliffs u.s. steel competitor and d.o.j. to get comments on all of this. sources that are familiar with the companies think you believe if they're able to get a new cfius review process under the trump administration that this deal would be approved. nippon will be clear to acquire u.s. steel. i should mention, as we know president-elect trump has been clear about his opposition and concern about nippon proposed acquisition as well. it's not clear whether that is the path forward. u.s. steel is telling me they are confident that president-elect trump will look at the merit of the deal and not the politics of the matter and they hope that they'll be open to considering the deal moving forward. finally i did ask dave burritt, the ceo about the future of u.s. steel without an investment of nippon. he said without nippon's

investment, jobs in western pennsylvania might have to be moved elsewhere to other planes that are operating efficiently for u.s. steel. he said without nippon that is a possibility moving into the future. a lot on the line. maria: i tell you i spoke with president trump about this deal and he told me he would block it. i don't know if that changed and we will see if the ceo can have a conversation with him but president trump is where president biden is on this. great reporting. lydia hu in pennsylvania. stay with us. we'll be right back

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>> president trump will prepare as he likes to say one big beautiful bill he can put altogether, one big upper down vote which can save the country, quite literally because there's so many elements to it. maria: are you expected to raise or eliminate the debt ceiling as part of the big bill? >> i think were going to have to do it in the bill. if you do it in reconciliation you can do it with the republican party. were targeting about in the house and maybe in the first week of april. >> you're talking about the first 100 days? maria: he's talking about

getting the bill on the president's desk by the end of april and at the worst case scenario by memorial day, that was the speaker of the house mike johnson in his first interview since getting reelected on friday night joining me yesterday on "sunday morning futures" on the trump agenda. president-elect trump posted on true social urging republicans to unite and send one powerful bill to his desk as soon as possible that would include border security and they're talking about $100 billion to pay for deportation in securing the border, energy policy meeting permitting tax extension and the new tax items that president trump talked about on the campaign trail like no tax on tips and social security. the priorities for this bill as well as raising or eliminating the debt ceiling, south carolina senator lindsey graham has been working on two plans as opposed to one plan prioritizing the border first and taxes later on in the year. he says this idea of doing one plan is worrying him he's not

sure if he can get it done. watch this. >> if we don't put border first and get it done it is going to be a nightmare for the national security. to the tax-cut wing of the party. i am with you if you hold border security hostage to get tax cuts you're playing russian lynette entered without with our national security. as we negotiate tax cuts they are taxcutting people. i am one of them that won't vote for border until i get all of the taxes. i'm not a big fan of the salt deduction. i live in south carolina with low taxes. why should people in south carolina subsidize california and new york. texas congressman michael cloud a member of the house oversight and appropriation committee. it's great to see you i know your joining with all of this in terms of appropriation work, your thoughts on where this is going. are the new york and california

lawmakers holding you hostage that you ensure the salt deduction gets a lifted cap? >> is a member from texas we don't need it we don't have an income tax the government is funded through other ways and you will have other people concerned about that but that's what this process is supposed to be delivered a process where were bringing in representing a district ultimately we will have to come behind the plan and make sure we get the win for the american people. what will be really important we keep in mind america first principle that is true think about what were delivering for the american people and important to look internally in our conference to make sure it's not about as ultimately it's what's best for the nation and we have to look at the end of the year and say we may not get everything that we want but the country will be better off if we follow the play call. >> there is so much riding on this. let's face it one of the reasons the market is up as much as it's up since election day because

investors are expecting the regulation the lower taxes. the expecting that you want to invest in corporation because they will see a lot of positive business policies. if you can get the business policies across the finish line then markets are going to selloff. this could be a lot of impact. the question becomes will you get the tax extension done or not? >> i believe we are we are focused on making sure that we get this done. average family is looking at a tax increase of $1700 a year which is almost two months of groceries for those families. we've got to get this done. not to mention creating a tax environment where jobs are coming back to the united states and people back to work and innovation is working for the american people. all of this is important, from texas border and looking at the every single day we need to make sure to get that done but nothing is going to stop president trump from securing

the border. >> let's talk about the story on tariffs. this is one of the reasons that stocks are rallying night now. president trump's aides looking at scaling back his tariff plan, the washington post is reporting that his team is moving away from imposing universal tariffs on everything imported into the united states and instead placing tariffs only on certain sectors considered critical to national economic security senator. this is a big change if this is true. the post says they have the resources who said two weeks before trump takes office. his aides are discussing plans to impose important duties on goods but very targeted goods. your thoughts congressman. >> as president trump talks about we have nation after nation taken advantage of the american people in many businesses moving overseas in president trump is great at creating leverage is what he

knows needs to be done in our country. he used terrorists of the passive venues help going forward. what's importantly if you look at tariffs the restraint policy going on on the other side of things. it is a tool to get things done and make sure we're creating an environment where american jobs are coming back to american citizens and we are seeing us do those essential things. we went through covenants of the destruction of supply-chain and devastating it was when we were relying on countries. many were adverse adversaries. that's could be an important tool that we have in the bag and is good to see where were headed in the news that is coming out. maria: were trying to understand agenda this will set the tone for business and the economy. i know you have the election certification happening today that happens at 1:00 p.m. eastern despite the snowstorm. the government is closed on thursday for jimmy carter's

funeral. can you talk to us about your priorities. do you expect any activity today on the certification of the election. >> we will join today and we will certify the election the american people are certainly looking forward to that as a texan even though i'm not familiar with the white substance all over the ground. i realize the importance of us being here today for the moment to do her job to certify the election even if the office is closed and some people will be showing up as far as staff and across the federal agency. we have to show up and do her job. your priorities on the oversight committee rather. >> i can tell you doge will be a big one. were talking about to try again dollars. we have seen waste, fraud, abuse, corruption. with to bring the federal bureaucracy in line that's job number one for the oversight committee this term. maria: we will be watching out for sure. thank you so much, great to see you. michael cloud in d.c. we'll be right back.

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maria: welcome back, breaking news. a lot of it now this, president biden announcing a ban on new offshore oil and gas drilling across 625 million acres of u.s. postal territory. this happened weeks, two weeks before president-elect trump takes office. biden is invoking the 1953 outer continental shelf lands act. this means that trump would be congressional authority to reverse biden's band joining me american petroleum institute and ceo mike sommers. great to have you. thank you very much for being here. this is incredible. joe biden is making all of these changes as he walks out the door. you put out a statement

yesterday saying this. american voters a clear message in support of domestic energy development. the current administration is using its final days in office to submit a record of doing everything possible to restrict it. tell us more. >> the immigrant people certainly did not vote for less energy development in the united states. energy was on the ballot during the selection and energy one. unfortunately these midnight regulations being put in place by the biden administration are going to undermine american energy and security and her american consumers that is not what america voted for. i'm calling today on the united states congress to lift the new moratorium because it's going to harm consumers and undermine american energy security. >> is unbelievable, liz peek jump in here. this administration is completely ignoring what people are voting for as they put the new rules and as they're walking out the door.

trump is good evening congressional approval. >> this is ridiculous and as mike has said american voted for more energy development not less. my question to you does the congressional review act supersede this elimination of acreage and also i've not seen anybody talk about what kind of acreage is this. we have a lot of reserve stored in offshore acreage or is is marginal. what is your take on that. is this important or playacting by biden. congress has a number of different options that they can pursue the congressional review act is one of them but they can pursue this to the reconciliation procedures. the royalties that will be gained in offshore from developing the resources because they are federal resources will be tremendous.

if we were that were robustly seen plan on the gulf of mexico. that would score $8 billion for the american people, they can put towards other priorities like funding the border for example. if we put a robustly seen plan not just in the gulf of mexico but other parts of the offshore we could have tremendous resources to cut taxes for the american people or to do big things. we have an opportunity to reverse this in the first few days of congress. i think congress needs to get on this and make sure that it is a top priority for them in the early days of this congress but they have a couple of different options. i know that we can continue to find resources in offshore. it represents 14% of american oil and gas production now. we need to pursue these opportunities and quickly. >> the biden administration is banning natural gas water heaters from the market. this is a move that critics say will drive energy prices higher. certainly for low-income and

senior households the move would make noncondensing natural gas fire water heaters off shelves take them off shelves by 2029 in the bid he claims to reduce carbon dioxide emissions. i would get your reaction on that but also what about the executive order. we will have a lot of executive orders. i'm hearing 20 executive orders, may be many more in his first day in two weeks, january 20. can he do a lot of moving the needle on energy permitting the executive order? >> we certainly hope so, this new natural gas water heater beyond is a regressive tax on the american people. this can hurt the most bondable among us, that's what sad about this. people who can least afford it that will have to pay the most for the new water heaters that they will have to install and retrofit into the places where they live. this is a sad day because it's

really the poor that are to be affected most by the span. on day one we put forward a plan for president trump on the day one activities that he should pursue in the api five-point policy roadmap that we laid out a few months ago. we built that are in preparation for president trump. you can find on api.org it includes lifting the lng band the biden administration put in place. it includes repealing the ev mandate that the biden administration put in place and of course robust permitting to get things built in this country and particularly our critical energy infrastructure. maria: is great to get your insight. we will be watching us. mike sommers joining us. stay with us. we'll be right back. ♪ ...to empty nest... ♪ ...to free birds. ♪

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maria: the first massive winter storm of 2025. it is claiming over half the country. 27 states seen heavy snows blizzard condition, crippling ice, travel chaos and power outages for 100,000 customers 1100 flights have been canceled

across the northeast. mostly around baltimore, virginia and washington, d.c. and "fox weather" meteorologist kendall smith is live in kansas city missouri for the very latest. good morning to you. >> good morning, i have to say it is cold out here following the first major winter storm of the season that is blasting kansas city over the weekend. we picked up quite a bit is no all around me we picked up the kansas of the international airport 11 inches which is the 12th largest snow vent we've ever had on record in kansas city. you can see the snow is piled high and we have temperatures that are hovering around 11 degrees. we factor the wind out of the north it is biden. it feels like negative three right now. it's only going to continue to drop in the factor numerous people without in the state of missouri were looking

at 33000 customers statewide without power, the state of kansas is faring better hovering about 1400 customers without power. that is because of what the storm brought it. it brought in the heavy snow india brought in quite a bit of ice, freezing rain was a big issue. we picked up half an inch of ice in some locations and we even had thunder snow which i was able to experience live firsthand yesterday morning. take a listen. >> we are into submitting to see the most in the way of sleet. heavy freezing rain south of highway 50 putting this into perspective for folks. oh my goodness we have thunder snow. this is pretty exciting. thunder snow is a rare phenomenon but all it is is a winter thunderstorm with the main precipitation type is no as opposed to rain. a lot of areas acrostic in city metro had thunder snow yesterday. today i was mentioning it is

cold and we have cleanup to do. there's been a big issue in regard to getting the rose cleared, the snow removal has been working around the clock to do their best. we have a thick layer of ice below the snow i will show you the consistency. it is a fine powdery snow. it is tough to do. the majority of the kansas city are closed and the businesses in kansas of the international airport also remains closed at this time. maria: there you are in the middle of a thunder snow. the first time ever the term. thank you for that. stay warm. kendall smith in the middle of the weather issues. meanwhile this canadian prime minister justin trudeau ready to announce his resignation apparently. gerri willis with the details. >> that's right present electronic might be dealing with the new canadian leader once he

takes office. his prime minister justin truffaut could reportedly resign as early as today even members of the liberal party calling for the resignation over falling poll numbers and his approval rating 33%. all of this coming as a northern neighbors face several challenges including housing isis. high inflation and declining per capita gdp and trumps terrorist threat. as of now no final decision has been made. the new orleans terror suspects used meta glasses, smart glasses to scout out the target area to the new year's day attack what intimate to trips to bourbon street, take a look at this video looking to invest pension domestic international trips including one to cairo egypt and 2023. 14 people were killed and dozens of others injured after drove a

truck through the crowds. here's what paul mauro told us about the last hour. listen. >> at this point we can conceive we are past the initial response and we are into for lack a bobetter turn the blame game is time to do a deep dive forensic and take the gloves off and look to see what it was that we missed relative to his travel in the clear radicalization and whether online he could've been picked up either on the other end. >> openai sam altman posting a cryptic message about the future of artificial intelligence. altman referencing the singularity on x, that is a point allegedly were technology can surpass human control saying near the singularity unclear which side. he later added to the confusion saying the post might also

relate to the simulation hypothesis that the theory that the world is living in nothing but a computer simulation. he is watching too much syfy channel. incoming first lady melania trump teaming up with amazon prime on the documentary about her life which will hit theaters and streaming in the second half of the year. it will give viewers an unprecedented look behind-the-scenes of her life and her work. amazon founder jeff bezos meeting were present electronic after his election victory and doting $1 million to his street. melania trump speaking with maria and october about how her life has changed since her husband donald trump came down the escalator in 2015. listen. >> the whole cancel culture. suddenly the powers that be wanted to cancel you, what happened and how did that feel. >> it happened in the white house and he announced politics but later on more when we left the white house. when i started my own business

as i said to the bank suddenly informing they will not be able to do this to me anymore and the service provider. in my agreement. i agreed alex that my donation and because of the board of directors they called back and they found out they didn't want to do business with me because of political affiliation. >> critics say melania documentary is another way of amazon founder jeff bezos cozying up to president-elect trump. it also comes as the washington post cartoonist quits after the paper that is owned by bezos pulled her pictures depicting billionaires groveling to trump

including one resembling bezos. the paper editorial page said the cartoon was denied because of the similarities to other columns. i guess a difference in election makes. maria: good point. this documentary the amazon that is licensing with melania trump is going to be the story of her life. it's an incredible story she comes from slovenia to america to become a model. she gets a modeling gig and starts doing well becomes an entrepreneur and meets donald trump and becomes a first lady of the greatest country in the world. now twice. pretty incredible story. >> is an incredible story how nice to see melania and trout finally getting press coverage. the fact that bogue and new york times dismissed her. i remember when donald trump was first elected in 2016 this m

mr. as a real heartbreak for the american design industry who had looked forward to addressing hillary clinton. get your head around that for a moment. she has been ridiculed and belittled because she immigrant is been horrifying another testament the donald trump after eight years has one the trusted approval of the american people in the legacy media is nowhere to be seen on this. amazon was smart to get that documentary. thank you for that. we'll be right back with the big hour and 8:00 a.m. your watching "mornings with maria" live on fox business. donald trump's union my special guest coming up right here life.

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