Skip to main content

tv   Mornings With Maria Bartiromo  FOX Business  January 10, 2025 6:00am-7:00am EST

6:00 am
♪ this dance of a lifetime ♪ ♪ with your hand in mine ♪ ♪ dance of a lifetime ♪ ♪ with you ♪ [inspirational music] ♪ ♪ ♪ ♪ ♪ ♪
6:01 am
>> good friday morning. thank you for joining us this morning. i am maria bartiromo friday january 10. your top stories right now. 6:00 a.m. on the east coast. deadly fires in los angeles still burning as multiple wildfires remain out of control, the dental is rising and it could become the costliest blaze in u.s. history. thousands of homes and structures swallowed by flames burned to the ground including celebrity homes, iconic landmarks, karen bass and governor gavin newsom accused of being unprepared and completely out of their depth as fire crews worked to contain the deadly fires we will bring you the very latest right here meanwhile on palm beach, florida house republicans traveling to mar-a-lago this weekend to talk reconciliation strategy as president-elect donald trump reportedly give the gop ascendant 100 executive orders
6:02 am
he is planning for day one of his next administration. with ten days until inauguration day the supreme court is denying trump's bid to delay the sentencing in his new york city hush money trial everything you need to know all morning long, futures indicating a lower opening for the market this morning as markets reopen after being close yesterday for president jimmy carter's funeral, the dow industrial down 32, the nasdaq down 40-point in the s&p 500 lower by 11 and a quarter today's job stayed on top with the december jobs report at 8:30 a.m. eastern we have all hands on deck when the job numbers cross we will have them for you and the fourth-quarter earnings season kicks off next week with the major banks we have the preview, european is mixed take a look at the eurozone and the s&p 100 is lower by 20 points but the cat caught appears is up 18 of the dax index in germany is up 25. in asia red across the board, the asian embassies finishing like this with the worst
6:03 am
performer overnight, the shanghai composite in china down one and a third%, hong kong down 1%. joining the conversation former new york state homeland security advisor michael balboni the lonski group founder john lonski in fox business cheryl casone. "mornings with maria" is live right now. we kick it off with breaking news this morning. ten people are dead and more than 10000 buildings damaged or destroyed as a los angeles wildfire is still burning up the region a new fire in san fernando valley prompting more evacuation orders this morning firefighters beginning can to contain the policies fire which scorched 20000 acres so far, they have contain the fire by 6% containment so far what's been destroyed is the same size as new york city. 20 looters have been arrested in l.a. county for stealing and
6:04 am
devastated residents district attorney nathan hochman responding. watch was mimicked they will be invested and prosecuted maximum punishment against him. those people that wanted take advantage of the tragedy are despicable. i want to say in fair warning right now so there's no misunderstanding about how they will be treated. >> robert ray is live right now in malibu with the very latest where it looks unrecognizable. >> good morning. indeed smoke-filled air in the pacific coast highway in front of me, the pacific ocean behind me and you see the ruins, structures of beautiful place, malibu a gorgeous area of the united states and it is now in ruin. over 100 structures as you said in your intro destroyed
6:05 am
many of them never to be salvaged again these are family homes and businesses in the los angeles area, the mountainside, santa monica mountains ride ahead of me on the other side another fire broke out last night and authorities have arrested someone to the potential looking into arson unfortunately. where i'm standing inward looking at the visuals from the area the palisades fire which is still burning around 20000 acres that are scorched thousands of structures that are in ruin and neighborhoods taken down decimated by the winds in the higher. malibu the same situation, reinforcement and resources are being brought in today, national guard from the ground in the air to fight the fires. historic l.a. county this particular fire policies will go down as the largest in the los angeles area. we've been talking to people weatherby residents for first
6:06 am
responders but let's listen to what one first responder battalion chief told us about the complexities of the fires. this is different than the rest because the santa ana winds are so extreme and so strong gusts up to 80 or 90 miles per hour with the santa ana event say that 40 miles per hour consistently. it was hurricane force winds last night whom. brutal, the winds thank fully have died down this morning they activated again last night. clearly not hurricane force winds but that sent embers and it smoke-filled in the hills which we went up to a couple hours ago, no communication which is why were not bringing new life pictures from up there. on top of that the dangers are abundant, power lines down your rocks off the hills letter down, structures are destroyed and officials moving in and out with the sirens as the smoke
6:07 am
continues to move up and down the pch. it is overwhelming to be honest with you, firefighters still continue, 35000 acres have burned those numbers will continue to go up. if there's any silverlining were not going to have the intense hurricane force winds over the course of the next few days. were not out of the woods by any means as the winds will kick up from time to time over the next few days. next week we may be in another situation on tuesday into wednesday where we could see 50 mile-per-hour winds which could cause more problems. a lot of the questions are being asked residents are very frustrated, a lot of people wanting answers to exactly how all of the spiral out of control and as i stand here in the darkness and the fires continued to rage in the battle continues underground with brave men and women. back to you.
6:08 am
maria: thank you very much, robert ray president trump ripping into california gavin newsom and l.a. mayor karen bass. watch. >> i think that gavin is largely incompetent. i think the mayor is largely incompetent and probably both of them are stone cold incompetent. what they've done is terrible. maria: mayor bass is getting defensive and skirting reported questions she did this yesterday when pressed about her response. watch. >> we did not see a single fire engine we watched as good samaritans guided traffic there was fear and a lot of confusion. you were out of the country at the time. what explains the lack of preparation and rapid response. >> let me say first and foremost. my number one focus in the focus of all of us here with one voice
6:09 am
we have to protect lives and save lives and we have to save homes. rest assured, let me finish. rest assured when that is done and we are safe and lives have been saved and homes have been saved we will absolutely do an evaluation to look at what worked, what did not work and to correct or hold accountable anybody or department or individual et cetera. maria: and non- answer from the mayor who is absent when this all started. a heartbroken california mother confronted gavin newsom about the lack of preparation. take a look. >> governor i live here, that was my daughter's school, tell me what i'm going to do. i'm not going to hurt him. >> attracted to the president to specifically answer the question of what we can do for you and your daughter. >> can i hear your call, i do
6:10 am
not believe it. >> i've tried five times. >> why are they not taking your call. >> it's not going throughout to get cell service. >> let's get i want to be here when you call the president. >> i'm doing that right now. everyone that went to school there that lost their homes and to homes because they were living in one building or another, why was there no water in the hydrants. >> is it going to be different next time. >> it has to be of course. what are you going to do. all the hydrants, i would fill them up personally, you know that. i would fill up the hydrants myself, would you do that? >> i would do whatever i can. >> your not. >> devastating. heartbreaking. i want to point out that policy changes are going to overlap with the aid that is needed for los angeles.
6:11 am
a couple of analyst talking about this, michael balboni one at td cowan says that march 14 continuing resolution is a likely vehicle for the california wildfire emergency aid as well as the debt limit. another analyst is questioning what this is going to mean for the financials. i want to get everybody's take, the banks are reporting earnings next week but the extreme fire damage in los angeles is raising policy questions for the financials despite insurance being state regulated the analysts are expecting headline risk on possible creation of federal insurance programs we will see what this means for the major banks. but talk about what's going on as the death toll has risen ten people dead as a result of the fires. >> the first responsibility of government is to protect the people that you represent that is it everything else is
6:12 am
ancillary. we had an incredibly dry season going into this year. we know this is a tremendously difficult problem but if you don't have the right resources of water or fryer personnel and you haven't done brush management and you set yourself up for failure it's not a new thing for california to have these conditions even though they were extreme. >> can i add something to that the politicians and the regulators in california are the ones that are created and are going to be the impediment to the homeowners being able to rebuild to get their lives back, the wall street journal talks about that in an editorial ended talks about what you mentioned the state has allowed insurance for proper risks. do you know 100,000 people lost their insurance coverage between
6:13 am
20,192,024. state farm dropped 70% of policies around the santa monica mountains. this is a political disaster. it'll be an economic disaster, to your point about the bank, j.p. morgan analysis will be the most costly in-state history the most costly fire in state history. maria: there will be an immediate response from the financials on the disaster loans td cowan writes the federal response would be the small business administration disaster loans to those impacted by the wildfires, the cap will mean insufficient for those seeking to rebuild the maximum home disaster loan is $200,000 for real estate and 40000 for personal property. the banks will have an impact and we will talk about this more this morning. fox corporation with the 1 million donation to the red cross as california wildfire relief efforts, go to go.fox/red
6:14 am
cross by scanning the qr code on your screen. stay with us. we'll be right back. as your host, i have some rules. two flush maximum per bathroom visit. no games. no fun. there's a great barbeque outside. but don't touch that. meanwhile, at a vrbo... when other vacation rentals make you share your turf with a host, try one that's all yours. after last month's massive solar flare added a 25th hour to the day, businesses are wondering "what should we do with it?"
6:15 am
i'm thinking company wide power nap. [ employees snoring ] anything can change the world of work. from hr to payroll, adp designs for the next anything. ♪ only servicenow connects every corner of your business, putting ai to work for people. pfft ... every corner? every corner, nick. ow! so kate in hr ... hey kate. can focus on people, not process. oh actually, i have a question ... keep up, nick. do you have to be sick to take a sick day? patty in it is using ai agents to deal with the small stuff, so she can work on the big stuff. agents like secret agents? secret agents i control. with your mind? you know ... i played a secret agent once. - we know. - oh gosh ... i liked it. over here, ai gives tina the info she needs to get the job done. nick, what did we say about touching? no touching. good. ai helps jim solve customer problems before they're problems. for reals? for reals. for reals. servicenow is the only platform that connects every corner of your business, putting ai to work for people.
6:16 am
oh, so we all work better, together! my work here is done. excuse me, which way back? uh, follow him. ok guys, instead of getting weathertech, i saved a few bucks and got some cheap,
6:17 am
foreign made floor mats. but they really stink, so put these on. ♪ really, gary? mom, i'm thirsty. don't settle for cheap, stinky floor mats. at weathertech we make our floorliners and cargo liners here in america, out of pure non-toxic american materials. dad, next time get weathertech. they don't stink! i'm on it. find out everything we have at wt.com. from starting out... whatever you need you guys give me a call! ...to saving up...
6:18 am
...to income in retirement. you got this. vanguard fixed income funds can help advisors grow their clients' savings. vanguard. fifty years of high quality investments. maria: let's check futures. were expecting a mixed opening, dowling dusted up seven points reversing the last few minutes, the nasdaq going positive at the s&p down two points, the markets are reopening after being closed yesterday for president jimmy carter's funeral. the december jobs report at 8:3t expecting 160,000 nonfarm payrolls added to the economy in the month of december without appointment rate holding steady at 4.2%. mahoney asset manager ceo ken mahoney, so much to discuss and the impact on markets what you're expecting for the jobs numbers.
6:19 am
>> we expected line 4.2% on appointment for this number and you gotta watch the revision group like this for the last 14 months and the victory lap in 3,040,000 jobs over each and every month. in the reaction of it lately we've been seeing about the bad news good news set up bad news is good news and vice a versa. and i hope we get out of that i would like to see strong economy was strong earnings and put the fed to the sideline and let's play this out we will see how the reaction is my take is 160,000 or more but at the end of the day we hope we get the cycle where bad news is considered good news. maria: the major banks are kicking a fourth-quarter earnings and that will take precedent in terms of what's going to move markets, j.p. morgan chase, wells fargo, goldman sachs coming out
6:20 am
wednesday bank of america, morgan stanley on thursday. in terms of the banks of the huge moves at interest rates and wondering if this will be a major issue bank of america with the largest unrealized losses in the industry, that could be a big focus when bofa reports when you're expecting for the major banks when the fourth-quarter number start coming out. >> is going to be really for investors to get some learning banks and technology and away from tariffs and the headlines that were seen. the best in class is j.p. morgan and were growth managers we find a portfolio so we can get back to loan growth also like an oxymoron but jamie dimon the best in the class but as far as it will do munificent december 31 that will not be as important interest rates might come down but going forward the guidance can be key to these companies bankamerica and so
6:21 am
forth. the rate at 4.7. and for new quarter that's a pretty big rise and there will be unrealized gains overall banks are in good shape then the stress test over and over and less regulation the bank is excited on so many different industries the banks of the big release of the pressure nonstop stress test. i think this is the sector that may benefit the most of less regulation. >> john lonski, yellow layer on one more issue that is the extreme fire damage in los angeles. now analysts are trying to understand the impact. td cowan the extreme fire damages raising policy questions for financials despite insurance being state regulated they expect headline risk on possible ration on federal insurance and reinsurance programs. >> it looks that insurance rates
6:22 am
are higher because of the horrible tragedy in los angeles. one of the big questions would be whether or not insurance companies are going to continue to offer property insurance to the regions that have a high risk of costly natural disasters this will not be a problem in california is already a problem in florida as well as texas and this will adversely affect the real estate market in the regions go ahead and get a mortgage when you cannot get property insurance on the building that backstop mortgage is. maria: i know you don't want a bipartisan local companies and food companies is any best buy in the stock market from your standpoint. a week ago microsoft at
6:23 am
$80 billion spent for data centers and a.i. a lot of runway second or third of this revolution. a lot of investors last year's story a lot of momentum. maria: great to see you. ken mahoney, we'll be right back. (♪) car, this isn't the way home. that's right james, it isn't. car, where are we going? we're here. (♪) surprise!!! the future isn't scary. not investing in it is. car, were you in on this? nothing gets by you james. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com
6:24 am
where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management
6:25 am
6:26 am
lock in let's go. rated e for everyone. [rock and roll music playing] xfinity. made for gaming. rewards members, get early access to an ea sports fc25 kit. visit xfinity.com/rewards.
6:27 am
>> i think we can do some things right out of the gate at the border which is a huge cry for the president on energy and military readiness increasing our defense budget all offset but get a quick win and focus on broader debate about taxes and the other issues including spending cuts which we have an opportunity to do something about. >> that was senate majority leader john thune and an exclusive with laura ingraham telling us the best ways to implement the trump agenda last night. a group of house republicans are traveling to mar-a-lago this weekend to discuss reconciliation strategy with president trump their planning to meet separately with the president-elect with the chairman of the committee the freedom caucus and the gop members of the salt caucus as well.
6:28 am
pat ryan wants republicans at the meeting. if trump is serious about removing the salt cap and double taxation he's going to need bipartisan support. all go to mar-a-lago myself if that's what it takes. senate republicans yesterday that he is preparing 100 executive orders on day one mostly focused on the border, ohio congressman warren davidson the house financial services and foreign affairs committee as well as the house task force to combat mexican drug cartels. is good to see you, thank you for being here. what is coming out of all of the meetings. we want to know what's coming out of the meetings with president trump in terms of how you will execute his agenda. what is the latest. >> everyone's united in terms of what we wanted you there is a difference of opinion on strategy. soon and house conservatives believe a two-step process is better and we build momentum and
6:29 am
we can execute quickly on the core promises of border security and national security. a handful of other things before march 14 the government is only funded till march 14 and the optimistic people for the one big beautiful bill think the mid-april zabriskie scenario what's left unsaid i guess we could get an omnibus to march and they don't have a good plan for that we don't even have topline numbers set in spite of all the delays. i think it's important that we come up with a plan ahead of march 14 in the two-step plan addresses on one step does not have a clear answer but that's what the discussions are about. maria: in terms of the march 14 day in the next continuing resolution, how likely is it that this package is going to include disaster relief.
6:30 am
have you and your colleagues started talking about the next steps in terms of the los angeles wildfires? some analysts believe the next step will be the enactment of disaster legislation to pay for the rebuilding of infrastructure in the provision of the lease has become our decision recently. what are your thoughts on the disaster relief that will be needed for los angeles. >> we included disaster relief in the wake of hurricanes recently and we need to address fires but the problem with california is forestry management we had good legislation bruce westerman who chairs the resources committee has a phd in forestry management and let this and qualified people leaving the policy and congress but not california. all the things are making a far easier for fryers to grow and
6:31 am
spread and be huge. the entrance we had a hearing on insurance policies in california talking about the consequences for the policies that are happening people are losing home insurance coverage for fire because the policies that the state government is doing if they want the money there should be consequences were they have to change your policy. maria: i'm wondering if your colleagues in california the california lawmakers are going to be pushing for the state prone to disaster to have money allocated toward this. >> california wants the money without changing the policies without making a bad or worse in announcing a republicans can support that. we support the people that are plagued by disaster but we have to put pressure on the california government to change course. maria: i see. has there been no discussion already about the federal help
6:32 am
coming to california and are you saying that his pushback unless you see policy changes. >> i think so how do you do that you don't want to send a message to families were not a decent care of you later have a problem saying that in western north carolina in the body and the administration and they said don't worry about it will take care of everything. a different response when it's out there in hollywood elite. that's disappointing from the biden administration. help is on the way from president trump in the new administration. when it comes to congressional funding the idea with an open checkbook no matter how bad your policies on is crazy. florida is prone to hurricanes so they do a lot of things to mitigate the risk of hurricanes. california is prone to fires and they make the fires worse instead of responding to make them more resilient. maria: how much federal insurance would you expect would
6:33 am
be considered. >> i don't know they say this is the largest most expensive fire in california history and it certainly does not look like it's contained eminently. it's a really big problem we know we have to take care of the problem and the people with policies that exceed the scope of normal coverage but the problem is they consequences for bad ideas. california has to confront that on a lot of these issues. maria: let me move on to what you're talking about in terms of cutting spending. elon musk told x to lower expectation on how much a department of government efficiency can cut. watch this. >> we will try for 2 trillion i think that's the best case outcome but i think youngkin of overage and if we try for 2 trillion real good shot of
6:34 am
getting one. maria: what about that we heard about all the money going to be saved, you get to be cutting things as a result of trying to. the 2 trillion-dollar number that was thrown out talked about a lot was the best case scenario. >> ascending out an audacious goal, the idea that you go for something big and also open to what is hearing from dialogues or members of the house and the senate and here are the things that you have to cut in order to have something that aggressive. when you talk about medicare medicaid, social security no will and congress the house or senate to make cuts to the programs it's a big part of driving the spending. and you have interest on the debt and work in the service that we have defense the four biggest buckets of spending and when you look at the other things like the department of education or eliminating various
6:35 am
functions and lots of duplication. you can save a lot of money and waste fraud and abuse in improper payments alone saves you $2 trillion on a ten year window but is talking about $2 trillion in a given year as the goal for doge. you have to look at substantive reform in the political will and 2026. is it likely there to do it in one year. maria: you want in your great victory, the republicans are now senate and the white house. it looks like the real work begins. it will be watching your work, thank you so much. congressman warren davidson. we'll be right back. stay with us. [sofi mnemonic] can a personal loan unlock your ambitions? oh yeah.
6:36 am
consolidate bad debt and save money for your next goal. take a swing at your kitchen reno... meant that literally. or design your actual dream wedding. all your ambitions. all in one app. sofi personal loans. low fixed rates. borrow up to 100 k. no fees required. go to sofi.com to view your rate. sofi. get your money right. (woman) did i read this? did i get eggs? where are my keys? (vo) don't wait while memory and thinking issues pile up. these issues may seem like normal aging but could be due to a buildup of amyloid plaques in the brain. amyloid can build up over time. the sooner you talk to your doctor, the more options you may have. visit amyloid.com for additional information. (vo 1) when you really philosophize about it, there's one thing you don't have enough of, and that's time.
6:37 am
time is a truly scarce commodity. when you come to that realization, i think it's very important to spend time wisely. and what better way of spending time than traveling, continuing to educate ourselves and broaden our minds. (vo 2) viking. exploring the world in comfort.
6:38 am
(traffic noises) (♪) the road to opportunity. is often the road overlooked. (♪) at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways we all have to move forward. the further we'll all go.
6:39 am
[city noise] investment opportunities are everywhere you turn. do you charge forward? freeze in your tracks? (♪) or, let curiosity light the way. at t. rowe price, we're asking smart questions about opportunities like clean water. and how clean water advances can help transform our tomorrows. better questions. better outcomes. t. rowe price
6:40 am
maria: welcome back the deadly los angeles wildfire could stand to be the costliest in u.s. history insured losses expected to be $20 billion, accuweather is predicting the economic loss could rise to a staggering $57 billion. more than 10000 buildings have been destroyed. 5300 damaged in the pacific palisades neighborhood along. the fire being called one of the most destructive natural disasters and city history burning up 20000 acres that is the size of new york city, new devastating video shows entire box of homes turned to rubble president-elect donald trump responded yesterday. >> i've never seen anything like that, devastation. were talking about homes 200, 300, $400 million nobody's and received anything like it people influential people i don't know that they go back because they
6:41 am
weren't happy with california and they were happy with gavin newsom and they weren't happy with their whole lifestyle with the crime and then to control all the other problems they were not happy it'll be interesting to see whether they will build or somebody else is going to build a much lesser home. maria: joining me now managing partner appeared divorce. thank you for being here how would you assess the situation. how long would it take for the pacific palisades real estate market to rebuild. >> it's great to see you. it'll be several years and the biggest question that the homeowners are going to have to face, what is their insurance coverage. if i had to estimate, roughly 50% of homeowners in the california region do not have adequate insurance to rebuild their homes at full cost. if you're in a situation or your insurance is only giving 50% to two thirds, d of the liquidity
6:42 am
to complete the completion or move elsewhere and what happened to the lending institution with the mortgage on the property. several years until we have the answer in the majority of people unfortunately our prayers are with them for what they're going through the economically speaking they continue to be an unfortunate story. maria: there will be an immediate federal response. the small business association disaster loans to those impacted by the wildfires but the homeowners are looking to the state for help. >> california has fair. it is the backup insurance program but correct me if i'm wrong but there's no way that all of the claims if they go to fair can possibly be covered. it's going to be underwater in three days with these claims starting to get file isn't that correct. >> there is no way the fair has a budget adequate to replace insurance companies in the
6:43 am
region. absolutely no way that is a problem how are the insurance companies accountable to provide fair coverage to the consumer when the government won't step in and meet the delta entirely it'll be virtually impossible. i don't think fema is funded adequately for that. maria: the next step from a federal level will be the enactment of disaster legislation not to pay for the rebuilding of infrastructure but also emergency housing and replenish fema. fema is out of money which we learned last year that it's not sufficient to handle what were talking about. 11600 pacific palisades lost their property insurance in last april after state farm canceled policies across the state. why did that happen, tells about the challenges of the homeowners will face as they try to reb rebuild. >> if you look back the last couple of years we had a tremendous uptake of natural
6:44 am
disasters in america. it's unfortunate when you look at hawaii and the sun belt insurance company saw this and want to mitigate risk and was the easiest way to mitigate risk to exit high risk markets. it's a shame it's impossible already today to find prior to this horrible event to find insurance in these areas did what will happen six months from now it will be completely uninsurable, that means you cannot transact banks will not land on a home that does not have insurance and i don't know homeowner that would want to pursue an investment without adequate insurance, the regions will be completely uninsurable at some point. maria: it's heartbreaking to think about the people that acquired the hunter inheritance they inherited this incredible need of a home and living there and now the home is burnt to the ground and everything it is gone. >> the sad part is most homeowners don't know what insurance that they have. in reality your average homeowner by the home looking for the lowest-cost insurance,
6:45 am
you're not going to your policy of the full replacement coverage. a lot of the homeowners who inherited the homes in a less vested interest there is no chance that they have insurance to fully rebuild the homes. no chance whatsoever. maria: new california rules that are aiming to increase coverage by requiring insurers for a minute and determine minimum and dangerous areas based on the state market share. companies can raise premiums and exchange to reflect increased reinsurance cost but rates will increase statewide following the disaster. a protectable higher rates that will underline the notion that inflation will get stoked. >> this compounds affordability crisis in america. when we look back to last for five years yet prices go up 50-one 100% most of the areas that interstates from 2.7% to 7%. now you have insurance to what four acts from what they were a
6:46 am
couple of years ago. you tell me how anybody will enter the housing market. maria: disturbing. we will keep covering and following. we appreciate your time. president trump facing more hurdles before he takes office. the president-elect will appear virtually and then your cash money case today after the supreme court throws out a last-minute challenge to block his sensing. will tell you when we come back. "mornings with maria". live on fox business. stay with us. where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management
6:47 am
(luke) homes-dot-com is a new, elevated home-shopping experience. beautiful design, tremendously rich content. feels like a work of art! (marci) what about the app? (luke) uh-oh! (marci) wow! went all in on gold. (vo) ding dong! homes-dot-com. we've done your home work.
6:48 am
6:49 am
lock in let's go. rated e for everyone. [rock and roll music playing] xfinity. made for gaming. rewards members, get early access to an ea sports fc25 kit.
6:50 am
visit xfinity.com/rewards. we would welcome back president trump will appear virtually for the new york cash money sentencing after the supreme court denied his last-minute bid to postpone the sentencing. political correspondent brooks england with the very latest. >> sentencing is scheduled for 930 eastern this morning for the 34 felony counts of falsifying business records, those temperament hand district attorney alvin bragg's investigation. president-elect trump is expected to attend videoconference but judge merchan will not give him jail time, fines or probation. the incoming president tried to stop the sentencing from moving forward appealing to an higher court in new york into the united states supreme court. the high court denied his
6:51 am
request. >> i thought it was a. decision i'll do my thing tomorrow they can have fun with your political opponent as you know they acknowledge what the judge said no penalty and there's no penalty. we will appeal psychologically because frankly it is a disgrace and the judge that should not of been on the case of highly conflicted judge. >> a source close to trump's legal team so the new judge was assigned to the president-elect civil fraud case brought by new york attorney letitia james. replacing judge arthur in garon but after several hours and attorney received an e-mail announcing the decision they got another message paying he was reassigned to the case. trump has appealed the $454 million judgment there. that appeal is pending before the new york appeals court. earlier this week aileen cannon temporarily blocked the release of special counsel jack smith's final report on the trump 2020
6:52 am
election classified records investigation. a federal appeals court reversed that decision. now the justice department is free to release it to the public and were expecting for the final report in the coming days. maria: boxing man, former president jimmy carter was laid to rest yesterday in bringing together all five living presidents in the interaction between president obama and president trump was really surprising with the details. what a sight. >> the video that were going to show you is really incredible. president-elect trump and former president barack obama seemed to share surprisingly friendly or friendly moment during the service food jimmy carter, they are chatting and laughing and they seem to put politics aside to show immunity. trump saying about the interaction, watch. >> it did look very friendly msa.
6:53 am
i did not realize it. i didn't realize how friendly it looked. i solid on your wonderful network a little while ago before i came in and i said they look like two people that like each other and we probably do. >> vice president, lightheadedness and bill and hillary clinton not acknowledging or greeting trump upon arrival. president trump was the first person to arrive he also shook hands and had a moment with his former vice president mike pence inside of the cathedral. it was certainly very interesting to see obama and trump. maria: when president trump and president obama were getting together and whispering, kamala harris turns around and sees it in melania trump looking at kamala harris and mrs. bush looking at kamala harris as she turns around to acknowledge
6:54 am
trump. here it is, your reaction, that was something. >> always said politics only amateurs stay mad you have to move on, the election is over and the other thing donald trump is been portrayed as a bogeyman. he's not he's the guy who had a great life and he understands human nature better than people give them credit for. he's going to do the right thing at a moment of a funeral paying the respective jimmy carter. >> that's what they tweeted about. look at glenn greenwald put out, former president barack obama casually chats with adolf hitler as the latter is said to exhume power in 11 days in american democracy and impose a white nationalist dictatorship, do we have that tweet.
6:55 am
>> that's the point, going into this he was hitler, fascist, this and that in all the sudden chatty that nothing happened. >> he is not adolf hitler, far from it but his personality is one of the reasons why he's been so successful at politics and one of the reasons why obama won the election because he had a personality that was appealing to the american public. on the other hand hillary clinton does not have that type of personality and neither did trump's opposition in the latest election. maria: boxing that was something you can imagine the tension in the little corner of the pews. maria: did you see, like harrison joe biden i don't think they'll be keeping in touch.
6:56 am
maria: there is real hate. that's how i felt about kamala harris walking around with liz cheney they were trying to make believe that they were bodies while they were campaigning. they hardly spoke they hit each other. let's get to the wildfires. the wildfires in southern california are incredibly volatile. ten people are dead that we've been able to confirm thousands of buildings have been destroyed. 29000 acres scorched. "fox weather" meteorologist stephen morgan with an update. >> what we ceded l.a. county especially given how were a few days into this event and we are still dealing with containment. especially the eaten fire and also dena that's where we've seen so much destruction continuing to burn close to pasadena. north of l.a. but in l.a. county the palisades fire overnight work and good news, 6% of the fire is contained.
6:57 am
it does not mean that the fire is put out but the fire will be prevented from spreading and containment efforts. we see the kenneth fire that sparked yesterday, that continues to burn. when we look at the forecast is promising the winds ease just a bit. but we will have to watch sunday into monday another significant wind event. the santa anna's will return some firefighters have an opportunity and meanwhile thousands of acres scorched collectively 3000 the most destructive we have seen in l.a. county. maria: unbelievable. thank you. stephen morgan with the impact there. the fox corporation made a $1 million donation to the red cross as california wildfires relief effort. you can help go.talk/red cross or skating the keyword code on your screen. we'll be right back.
6:58 am
at 7:00 a.m. coming up. you're watching what is a maria. stay with us. should only the servicenow platform connects every corner of your business, putting ai agents to work for people. like secret agents? no, more like autonomous minions that you control. to do what? well, jim's agents resolve simple customer issues.
6:59 am
and patty's agents flag network problems. —proactively. —yup. i'm lovin' my agents. wait, you all have agents? oh yeah. and on the servicenow platform, everyone's agents work together so everything works better. can i have agents? maybe. ♪
7:00 am
(auctioneer) let's start the bidding at 5 million dollars. thank you, sir. (man) these people of privilege... hoarding the financial advantages for far too long. (auctioneer) 7.5 at the back. (man) look at them — unaware that robinhood gold members now enjoy the vip treatment — a 3% ira match

0 Views

info Stream Only

Uploaded by TV Archive on