maria: good monday morning, everyone. thank you so much for joining us this morning. i'm maria bartiromo. i'm is monday, january 13th, your top stories right now 6:00 a.m. on the east coast. at least 24 people are dead, more than a dozen unaccounted for, as the california wildfires continue to burn. winds picking up again as fire

crews work toward containment with a red flag warning extended into midweek. we've goat the very latest coming up right here. in washington, one week until president trump's inauguration with several cabinet picks headed to the senate confirmation hearings beginning tomorrow morning. congress still working on a budget reconciliation with the salt cap deduction striking debate. hear what new york congressman mike lawler told me on what to expect. futures this morning are under selling pressure, take a look. stocks are lower this morning with the dow industrials down 154, the nasdaq right now down 274 points, and the s&p 500 down 48 as we enter the major fourth quarter earnings season. major banks kicking off the quarterly earnings season this week as interest rates continue to spike. the 2025 forecast as all six major banks leave the net zero banging alliance. the december consumer price index out this week, the cpi

typically a market mover. we've got the preview right here. oil prices this morning are on the move after a wave of u.s. sanctions on russia's energy industry. the price of oil right now, crude $78.08 a barrel, with brent up to 81, 11, both up between 1 and 2%. everything you need to know coming up. european markets this morning also lower as treasury yields are hitting highest levels in some time, the european markets are down across the board. fothe dax is lower by 150. and in asia overnight red across the board there as well. the nikkei average in japan closed for a holiday, the others down across the board. back at home, president biden touting his foreign policy decisions now as he boasts that he could have beaten trump despite kamala harris' decisive loss in november. joining the conversation all morning long this morning columnist and fox news contributor, liz peek, michael

lee strategy founder, michael lee and fox business' cheryl casone. "mornings with maria" is live right now. well, at least 24 people are dead, more than a dozen unaccounted for this morning as devastating wildfires are wreaking havoc across los angeles county. officials are warning of more dangerous winds to come this week. fox news correspondent conor hahanson live from the pacific palisades right now with the i very latest. conor. >> reporter: tragically, entire neighborhoods look like this behind me, completely reduced to raw bell and the pal figure thec palisades neighborhoods, this is what you see, block by block still. we are not out of the woods. over the weekend, firefighters were able to make some progress with much better weather conditions but as you mentioned more wind in the forecast as soon as later today, into

tonight, with winds possibly peaking tuesday. we're talking about 50-mile-an-hour winds, gusts higher than that. that's going to be the worst firefighters have had to deal with since the fires broke out when we saw really hurricane type winds, 75 miles per hour, up to 100, that's the reason these were able to spread so fast and aggressively. light now, one of the main areas of concern is the brentwood neighborhood with these fires potentially spreading over the mandeville canyon. that area has already lost a couple of homes but again, the firefighters doing what they can to try to block that off and hope we don't see more sights like this moving forward. this fire right now at 13% containment. the eaton fire, further to altadena, california, now at 27%. firefighters hoping they can keep making progress, maria. maria: conor, thanks very much. conor hanson today in palisades. fox corporation has made a

$1 million donation to the red cross' california wildfires relief efforts. you can help by visiting go.fox/redcross. or by scanning that qr code on your screen. liz, your reaction? >> this is just absolutely horrifying from every perspective, maria. i think the entire country is watching with horror because it just appears that there's nothing california can do to stop the devastation and it is truly devastation. homes and people losing everything only to find they have no insurance. a state totally unprepared for something that happens every single year. so i think, a, we're horrified. b, we're just incredibly heart-broken for the people of california and i think they have to be just irate that there is so little preparedness on the ground to deal with this. maria: absolutely, the preparedness was just horrifying in terms of how they've dealt with the forestry in california.

there's also outside agitators here. there was a man arrested with a blow torch so i'd like to know how significant the outside agitators are here. we understand that person who was arrested crossed into america by the open border. and at this point michael lee we're talking about what we know to be heavy, heavy costs to rebuild already. the number that lawmakers are talk about is $150 billion to california rebuild efforts. >> yeah, maria, this is -- the hits just keep on coming. it will be interesting to see how they play this out. you still have to rebuild north carolina. there's still tons of damage where i live in florida. how do you decide who gets the money, where and when? and can the trump administration and congress attach strings that this could no longer be a sanctuary state, this can no longer be a place where you openly defy federal law and do everything in your power to step

in front of this administration because it's clear that fema and the biden administration played massive games with every bit of aid for red states during the last four years. is it now time to see a boom boomerang effect on that. if this was your home and you're not a political person and you're sitting in the middle of this, it's unfortunate. maria: president biden is giving a speech today from the state deputy department. on friday, he gave this surprising answer when asked about dropping out of the 2024 election. watch this. >> do you regret your decision to run for re-election. do you think it made it easier for your predecessor to become your -- i don't think so. i think i would have beaten trump, could have beaten trump and i think kamala could have beaten trump and would have beaten trump. it wasn't about -- i thought it was important to unify the party

and when the party was worried about whether or not i was going to be able to move, i thought it was -- even though i thought i could win again, i thought it was better to unify the party but i didn't want to be one who caused a party that wasn't unified to lose an election. that's why i stepped aside but i was confident she could win. maria: she could win if not what? i mean, i don't even understand that statement, liz. i mean, i could have beaten trump and kamala could have beaten trump if what? if not what? >> if only she had some money. oh, wait, she had a billion plus dollars, maria. who knows? this man -- this is truly delusional and i would just say to joe biden, everything -- what joe biden apparently didn't know was that his polling for all of last year was underwater. in the beginning of june, 72% of the country said he was not

mentally fit to be president. i think what we see here is not just someone who is sort of delusional but also whose team kept from him any negative news, any negative news about his popularity. remember in 2021 he was in a tv interview with jill and somebody sort of nastily said something about let's go brandon and he repeated, yeah, let's go brandon. maria: oh, yeah, yeah, yeah. >> he really was clueless. they kept from him so much and i think he just literally didn't understand the situation. maria: yeah. cheryl. >> welt, the nightmare's almost over. we've got one more week. this is it. and that is what victor davis hanson writes about this morning on foxnews.com. maria: great point. >> he says our long national b nightmare is almost over. two wars, china is on the door doorstep on taiwan, sanctions on

iran didn't exist e weren't enforced. he talks about the nonexistent u.s. border, 12 million illegal aliens that crossed through, hyper inflation for things like toilet paper and paper towels, remember that, the handling of covid, as well as the weaponization of the executive branch. we've got one more week. maria: one more week to go and president trump inherits a lot of issues that he will have to address and most importantly and probably most urgent is the money going to california. meanwhile, yields are spiking again this morning. interest rates are up, stocks are down. we are just getting started this morning. quick break and then futures are down 266 on the nasdaq right now as yields are up to close to 4.8% on the 10 year. we've got a big week of inflation data and the banks are kicking off fourth quarter earnings season this week. cfra director of equity research ken leon is here with what investors are watching.

president biden lament's at thes decision to pull content checking. we'll hear what he said about mark zuckerberg. you're watching "mornings with maria" live on fox business. stay with us. after last month's massive solar flare added a 25th hour to the day, businesses are wondering "what should we do with it?" bacon and eggs 25/7. you're darn right. solar stocks are up 20% with the additional hour in the day. [ clocks ticking ] i'm ruined. with the extra hour i'm thinking companywide power nap. let's put it to a vote. [ all snoring ]

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maria: welcome back. futures this morning are selling off, take a look at the indications for a decline at the start of trading this morning with the dow industrials down 174 and flays dak down 266. one of the main culprits is interest rates are higher. take a look at yields, spiking once again this morning with the 10 year now kissing up to 4.8%. up to 2 and-a-half basis points higher at 4.78% on the 10 year as interest rates go higher, this makes the ability to hold fixed income a lot more competitive than holding stocks. we also have the major banks kicking off fourth quarter earnings this week. jp morgan chase, wells fargo, citigroup and goldman sachs reporting on wednesday followed by bank of america and morgan stanley on thursday.

joining me now is cfra director of equity research, ken leon. good to see you. thank you for being here. before we get into the banks earnings what is your take on yields here and the impact that spiking interest rates will have? >> great to be here, maria. i mean, mostly rates are going higher for the right reasons. we have a u.s. economy growing at 2 and-a-half percent or more, the best in the world and if we have that plus healthy job growth which we did noted on friday, that's a good picture to deal with the headwind of higher rates. you know, the bond market always likes to say when yields get to a certain level, equities are less attractive but the story i think for the market, for equities and for banks is having strong earnings and upward revisions which i think we'll see from the analysts. maria: yeah, but what about their bond portfolios? if you have a huge bond portfolio and interest rates

have gone the right way are we going to hear some of these banks brace for massive bond losses as yields soar? you've got jp morgan, the latest bank to talk about growth for 2025 and i want to get your take on what's going on in terms of earnings and how it relates to these rates, what we're showing you here is all these banks have left the net zero banking alliance. that's a climate focused coalition formed in 2021. five other u.s. banks left since december, jp morgan left just recently. your thoughts? >> yeah, two quick things. what draws net interest income, 50, 65% of revenue for these banks, it's really n not only rates but volume. volume means you have healthy loan growth, it more than offsets rates that are in this case rising. so there's a balance there. the notion of the bond portfolio

for banks that goes back almost two years ago to unrealized losses, highest was bank of america's, over $110 billion but offseting that was $2 trillion of deposits so i don't think that's on the table as an issue. maria: i see. mike lee, your thoughts? jump in here on the impact of the spiking rates. >> well, look, you know, whether or not the fed cuts once, cuts three times, we have $9 trillion of u.s. debt that needs to be refinanced over the next 12 months. janet yellen was rolling over all sorts of maturing debt into short-term debt so we did not have a liz trust type of situation where the long end blew out at some point over the last two years. we are starting to see the long end blow out and, yes, this could be a massive net negative for bank earnings over certain periods or could be a wash but what it does is it suppresses equity multiples and so if we have 15 or 20% earnings growth in the s&p 500, and multiples

come down, you could have a spectacular year in terms of earnings and economic growth but because rates have moved so much because of issuance, not because of an underlying change in the fed or the economic situation, you could have a sideways year for the market. that's my fear. what are your thoughts on that, ken? >> yeah, it's a great ying-yang balance. essentially with the headwinds of rates, earnings are likely to be better than expected but additionally we're going to be seeing a free-up of regulation on banks. that's going to lead to increased m&a as we'll hear this week from the banks, along with equity underwriting. but also the restricted regulation, not only from the fed but from other agencies that are holding back banks that are well-capitalized is going to go into the business and return of capital dividends. dividends and yield offset some of the rate arrest argument.

but ultimately equity ears want to see strong outlooks, increased earnings estimates that buffers any high multiples which for the banks in the market are high relative to the last 10 years. maria: we've got a selloff underway for the broader averages and the s&p 500 has pretty much been trading generally lower since december 6th and certainly beginning with the federal reserve's hawkish pivot when they cut rates but said they're not going to cut so much in 2025 and ever since then yields have been going up and we've got the spike in yields once again today so i mean, are we going to continue seeing this uneven market performance you think as rates move higher? >> yes, so rates are very attractive for the world so i look across europe, china, japan, everywhere. nowhere are the rates as high as they are in the u.s. again, my first point, it speaks to a strong u.s. economy and perhaps the longer term worry

about the u.s. government on the deficit. but then again, fundamentals is what drives stocks and we think for next year -- this year and even the outlook for flex year, next year,it's a pretty good en, one where i don't think we're going to tip off the table just because of rates moving up 20 or 30 basis points. maria: which bank should we focus on, ken, in terms of the growth story? who would you expect to do well this earnings season. >> the growth story, goldman sachs, that drives the capital markets, less of a worry along with morgan stanley on rates. because it's only 15% of their total revenue. when you get to jp morgan, bank of america and citi, the consumer is still healthy so there's not really any red alerts on credit risk and we're also seeing from these banks the ability to gain wallet share. maria: okay. we'll leave it there. great to talk with you, ken. thanks so much. ken leon. quick break and then president-elect trump telling republicans to come to an agreement on the state and local

taxes deduction as he heads back to the white house just one week from today. iowa congressman zach nunn is here with where congress stands. wait until you hear what new york congressman mike lawler told me about what he's expecting. you're watching "mornings with maria" live on fox business. so, what are you thinking? i'm thinking... (speaking to self) about our honeymoon. what about africa? safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment... ...on a ranch ...in montana ...with horses let's take a look at those scenarios. j.p. morgan wealth management has advisors in chase branches and tools, like wealth plan to keep you on track. when you're planning for it all... the answer is j.p. morgan wealth management.

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>> we are a high donor state to the federal government. new york sends more federal dollars than almost any other state down to the federal government. so the fact is that our folks are not subsidized by red states. we in fact are helping subsidize the federal government on an annual basis. if you look at south carolina, for instance, they are one of the biggest recipients of federal dollars in comparison to other states by a percentage. so look, i understand the arguments. i get it. but the fact is that it's double taxation. maria: and that's new york congressman mike lawler with me yesterday on the salt cap deduction. joining me on sunday morning futures from palm beach. he had spent the weekend with president trump at mar-a-lago. lawler wants the salt cap raised from the current $10,000 cap. he had a bill that took it all

the way up to 100,000 but in that conversation he talks specifically about 60,000, perhaps that is the level that he would like to see. lawler was one of several house republicans meeting the president at mar-a-lago on saturday where trump said he does support raising the salt cap and is now telling lawmakers to negotiate a fair number on it. in 2022, new york received 98-cents for every dollar sent to the federal government, compare that to new mexico which saw $2.83 for every dollar sent. 11 democrat senators sent a letter to senate majority leader john thune and senate finance committee chair mike crepo offering to help with the debt ceiling and extend the trump tax cuts. congressman, it's good to see you. thank you for being here. mike lawler told me he is going to vote against any tax plan that does not include lifting the salt cap. how can it get done and what is

your reaction to that? >> well, first and foremost, maria, we are dealing with one of the smallest majority in congress ever so i don't think anybody should be pinning themselves into a corner. i don't think my colleagues are. let's be candid with the american people. there's too many damn taxes in washington, d.c. right now and one of the things i think we need to be looking atticly the state level is why have the blue state governors continued to punish their residents with out-of-control taxes. and i think in my home state of iowa, i've been in the state legislature, we were able to pass the three largest tax cuts and balance the budget and we saw our overall income grow as a result of it. that was millions of dollars back in iowa's pockets. president trump led the 2017 tax cuts, that was a trillion and a half dollars over what cbo predicted in economic growth. all of us in the republican house majority want to sea-taces cuts across the board. salt is part of the conversation, it's an important conversation to be had. let's not forget who the real bad guy is in this. it's blue state governors who

need to make sure that they're taking care of their citizens who want to help actually grow the economy. that's one of the best ways to pay down massive debts that we see in my neighboring state, illinois, certainly california and what's happening in new york and new jersey as well. maria: i mean, what i took away from my conversation with mike lawler is that he spoke to trump. trump is agreeing that maybe we could move it a little, cut back with the number. he comes up with this number of 60,000. taking the cap from 10,000 to 60,000, i assume is not going to sit well with some of your colleagues like a lindsey graham who says he's not a fan of the salt cap deduction. >> i think we need to talk about big 10 solutions right now. in reconciliation the president's asking for three things ever we need to be able to deliver. first and foremost, border security that protects our nation. unleashing america's energy so we're less dependent on foreign powers and able to be a net exporter, not only of energy but american influence around the world and three, really getting a 2017 tax extension.

the reality is right now if we do not pass it this year, americans across the board are going to be suffering. i had the ways and means committee come out to iowa, the iowa state fair and the democrats said this is a tax cut for billionaires, i asked a farmer in iowa what would you do with your $2,500 tax credit. did you buy a ferrari. she said no, i bought a water heater for the family and put my kid into speech therapy. these are the type of things that are essential for americans right now. they're looking to congress to get the job didn't i want to make sure that all of us whether from a blue state or red state, big or little state, are focused on solutions to deliver for the americannd people and so we can grow our economy and do what president trump promised us. maria: it's harder and harder with a slim margin. have you a pushback. have you to keep all the members happy but how do you do that when you've got the new york, new jersey and california lawmakers saying things like this. here's mike lawler. watch.

you had a very important meeting with president trump and i know gets this. he was a resident of new york, understands the tax policy in a very sophisticated way. what did he say to you this weekend? do you expect the salt cap to be lifted? >> he understands it completely. he agrees that the cap on salt needs to be lifted. i would remind my colleagues, here's the reality. if we don't pass a tax bill the cap on salt expires completely and we go back to unlimited. the problem is that it would be associated with the largest tax increase in american history, the rates would go up, the alternative minimum tax would come back. so there's reason for all of us to negotiate in good faith. the fact is that if you lift it to $60,000 for an individual, it covers most everybody. so we're working through this. maria: the cap is 10,000 right now. what's your number? what does your gut say? >> i introduced legislation to

lift to it 100,000 for individuals, 200,000 for married couples. we will work through this negotiation with the president, with our leadership, and come up with a number that works as part of the overall tax bill. maria: liz, this is not going to put any pressure on the governor of new york to actually move taxes lower and let's not forget the other pressure that we are talking about here and that is congress is going to have to include money for california and the wildfires and the march 14th government funding bill. last month's cr included 100 billion for disaster aid, 29 billion for the fema disaster relief fund and we're talking about 150 billion so far in terms of the cost of these wildfires. >> maria, i view that as sort of a plus for the negotiating process, right? you bring california democrats on-board, they certainly can't vote against relief money for

california. you bring new york residents and new york legislators on-board because they have to support a salt thing. seems to me you've got some democrats saying we'll work with you on taxes. these appear to me to be pretty good openings to go to these blue state legislators and say we need your help and without you we can't do this but guess what this is going to be very good for you. by the way, it's going to be very good for mike lawler if he can get a plus here. he wants to run for governor, i do believe. i think he's got a very good shot at beating kathy hochul. let's hope gets something done here. maria: congressman, what about that, is $150 billion the number that you would expect to have to send to california? >> well, look, we just did a passage of $100 billion in aid here. let's not forget the other side of the equation, there's $36 trillion in debt that every american is paying $100,000 into. we can't just keep running up the government credit card here. one of the things i'll push back on is we've got to be able to

grow other economy, we do that with tax cuts, we also have to spend responsibly here and so just like aid to california, we will certainly help those thousands of homes and families who have been definite stated but we also expect -- devastated but we expect you to change bad behavior. blue states have run away with a broken tax policy. we want to help out our colleagues in new york, california and new jersey. the governors need to change their tune now. maria: we will leave it there. congressman, great to have you this morning. thank you so much. >> thanks, maria. maria: zach nunn joining us this morning. thank you, sir. we'll be right back. stay with us. i didn't do this for the fame. i did it to pay it forward to the next generation of athletes. ♪ i joined sofi because they've helped millions of members bank, borrow, and invest for their ambitions. sofi. get your money right. (luke) homes-dot-com is a new, elevated home-shopping experience.

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their full chinese exposure. the database also shows the potential financial impact of these companies if the u.s. imposes sanctions on china with projected annual losses totaling $157 billion. joining me right now is former kentucky attorney general and 1792 exchange ceo, daniel cameron. great to see you, sir. thanks very much for being here. >> maria, thank you for having me on to release this new china risk database. maria: yeah, i mean, the 1792 exchange is a nonprofit which develops policy and resources aimed to protect businesses from woke companies among others but you could also put in there protecting them against the bad behavior of communist china, daniel. tell us about what you've learned. >> well, look, this china risk database essentially as you said earlier shares with the american people and investors the risk inherent to businesses, fortune

100 businesses, doing business in china, having relationship with the communist china. i'm hopeful that this will hold these companies, these fortune 100 companies accountable. one of the challenges that we had with the risk database is we simply don't have a lot of information from the fortune 100 companies because they fail to disclose the operations that they have in china but we do know as you noted that there's $157 trillion that could be online in the event that the united states places sanctions on china. that's a scary figure. that's a scary number but shareholders need to be aware of it. maria: what's the number? >> $157 trillion. maria: trillion dollars. we said billion earlier. you're talking about $157 trillion. how do you get there? are you talking about their expectations of such a number? i mean, how do you get to

$157 trillion? >> yeah. so this is based on estimates and economic models, plus what we've gleaned from shareholder -- annual shareholder reports and s.e.c. filings. but again, as i noted earlier, the really important point to flag here is that roughly 55 of the f100 don't share any information. if you're a shareholder, you're pretty much in the dark about the relationship between china and the fortune 100 companies. that is a scary place to be and our leadership here, our ceos and our c-suite folks need to step up to the plate and make sure that more information is disclosed for purposes of shareholders and for purposes of the american worker and american consumer. maria: it's interesting, i've got a list here of all of the new or relatively new at this

point national security laws that communist china put into place ever since marching into hong kong and throwing freedom fighters like jimmy lai in jail and these national security laws involve the ability of communist china to march into any company it wants an basically take their data, raid the place, which we've actually seen raids happen before of foreign companies. do these major banks and others who have their business in china, do they not recognize the national security risks that they're putting themselves and their companies and their shareholders in, not to mention the national security risk of america at large? >> well, maria, i don't know if they do fully understand the national security implications of doing business with the chinese communist party. if they did, they in my judgment wouldn't be so willing to participate and cooperate with a

regime that we know practices human rights and civil rights violations daily. it's my judgment that they don't want to disclose this information, simply because they know and understand that the more that shareholders and the american worker and the american consumer understand this, they have great concerns with and again it's why i hope people will go to our website, 1792exchange.com to look at this risk database because i think it's terribly important for folks, particularly shareholders, to know what challenges may exist. maria: absolutely. and then there is this whole dei trend underway. we just mentioned all those banks leaving the net zero alliance but you've also got companies like meta announcing the end of its diversity, equity and inclusion practices effective mead lirks this happened on friday, the same day that mark zuckerberg met with president trump at mar-a-lago. last week, meta announced the end to its fact checking program. i want to get your take on this

as well as these diversity programs. i spoke with trump media ceo devin nunes about this yesterday on sunday morning futures. watch. >> if zuckerberg is having a may cull pa moment, that's great. let's remember, he spent $450 million of his own money to sway the 2020 election in favor of the left so if he wants to do a mea culpa i think he should spend 450 million, maybe it's $550 million, and he ought to help companies out there like fox news, truth social, now twitter with x, rumble, that have been fighting the censorship every single day we wake up and fight this censorship. he ought to take that money and join the fight and go after these woke corporations that are continuing to try to starve fox and others of advertising. maria: daniel, your reaction? >> well, look, as i've said

recently, dei is on death watch and i think it's particularly important for the viewers to know at home that whether it's meta, whether it's walmart, whether it is mcdonald's, whether it's ford motor company, i mean, these are iconic brands that are making a decision to move away from diversity, equity and inclusion and move towards merit, excellence and integrity and i think mark zuckerberg is waking up to the reality that we are in a new age and the age of virtue signaling is over and the age of sound business decisions and judgments is here. and i'm excited about what he's done. i do think that -- you know, objecobviously he's got his past things that he has done that obviously a lot of people don't agree with. but ultimately he's woken up to the view that we can't be moderating people's speech

online. we've got to stand up for free expression whether you're in government or in private -- in the private sector. maria: absolutely. daniel, great to see you this morning. thanks so much. >> thanks, maria. maria: all right. daniel cameron joining us. quick break and then the very least on the devastating california wildfires, 24 people are now dead, more than a dozen are still missing. we've got a live forecast coming up. you're watching "mornings with maria" live on fox business. we'll be right back. ♪

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connectivity is a big part of my boys' lives. it brings people together in meaningful ways. ♪ ♪ maria: welcome back. now this, an illegal migrant suspected of using a blow torch during the la wildfires now under arrest. cheryl casone with the details now. cheryl. >> that is right, maria. so this happening near the kenneth fire that broke out last week, a man was seen riding a bicycle through a neighborhood, shooting out flames from a flame thrower. good citizens detained him until police could come by. sources say the suspect is mexamexican national. santa monica police arrested 39 people for crimes in wildfire evacuation zones including ten suspected looters, not a single

suspect lives locally. federal agents uncovering a quote sophisticated tunnel they claim smugglers were using it's equipped with electricity, ventilation and enforced by wooden beams. homeland security said they're working to arrest those behind the passageway which they believe was built only within the last year. president biden calling for an immediate cease fire in the middle east as he takes a call with israeli prime minister benjamin netanyahu, that happened over the weekend. biden also is calling for the return of all hostages, hamas says it will not release anyone without a clear path to ending the war. president-elect trump has made it clear the hostages must be released before his inauguration. well, president joe biden slamming meta calling it shameful for dropping the fact checking program on facebook and instagram, the comments came during last week's news conference. watch this. >> the whole idea of walking

away from fact checking, i find to be just contrary to american justice, american -- the way we talk about one another. i mean, i don't know what that's all about. it's just completely contrary to everything america is about. >> meanwhile, on joe rogan's podcast, med meta's ceo, mark zuckerberg fired back, saying the biden administration screamed and curse at. watch this. >> basically these people from the biden administration would call up our team and scream at them and basically got to the point where we were like no, we're not going to take down things that are true. that's ridiculous. we said no, we're not going to take down humor and satire, we're not going to take down things that are true, all these different agencies and branches of government basically just

like started investigating coming after our company. it was brutal. >> and you know, maria, this goes back to the issue of free speech and that is something that many americans have felt has been hampered during the last four years of this administration and mark zuckerberg, look, he's running a business, maria. you know. we know that very well. but to have a government telling you this is how you're supposed to run your business and then getting yelled at, it's unbelieve ability, those comments. maria: it's even more than that. you're talking about 1,000 people from various government agencies working to try to censor american citizens and their speech. i mean, liz, he says -- mark zuckerberg is telling joe rogan, we're not going to take down things that were true. well, they did. that's exactly what they did do, take things down that were true and a lot of things during covid had people questioning should i take the vaccine, are there side effects, you know, don't i have

immunity because i had covid. all of that stuff was taken down and it was true. so now mark zuckerberg -- i'm sure it was brutal and then you've got joe biden saying things like this is-c -- you kn, this is against what america is about. no, what he did is against what america is about. what he did in his administration with 1,000 people in different agencies telling people to censor american information is against the first amendment and the constitution so what does joe biden -- does know what he's talking about, do you think? int >> well, look, it's all abt control, maria. the left is absolutely panicked that they are losing control. they lost control of twitter when it was bought by elon musk. they are losing control of meta. what's next? they cannot tolerate the truth being told to the-mile-an-hour n people and i think on covid i actually think this was a criminal p enterprise to hide

information from really respected scientists and doctors about treatments about covid. ivermectin, remember all that stuff about just squashing alternative therapy information, cascwawshing information from doctors who saved people. people lost their lives because of that and i don't know how we ever get back to sort of agreeing that should never, ever happen again because democrats are, again, hillary clinton's terrified, go joe biden is terrified, their fact checking is basically telling america what to think. maria: remember when they came up with the whole misinformation bs, right, and then they're over there coming up with this idea that there's all these fakes, the fake videos when meanwhile nothing was fake. everything we were reporting they actually said and they -- joe biden, i mean, he was clearly mentally challenged and they call it fakes. >> maria, look, joe biden's

upset because we have done away with the ministry of truth in this country. it's right in front of us. they had their own ministry of truth. you can hear it from the words of mark zuckerberg. it's well documented. they talk about it at the state department. it's terrifying that this exist and thank god the election went the way it went in november. maria: yeah. all right. let's take a short break and then come back at it. we've goat at least 24 people dead in california as the catastrophic california wildfires are expected to grow with the return of the santa ana winds coming up this week. fox weather meteorologist steven morgan now with an update. disbelieve there is that extreme risk for fire weather not just for today or tuesday but it extends into wednesday as well. this prolonged santa ana wind event, hate to say it too. what we're showing you this morning where the fires continue to burn. firefighters have made remarkable progress over the weekend. if you remember around la county we had as many as five different wildfires.

the kenneth fire, totally contained. the sunset fire which was burning the hollywood hills, also contained. but the two biggest, the palisades and as well as the eaton specifically the palisades, 13% containment. over the weekend it was goating dangerously close to the 405. we'll continue to watch that. we still have though the death toll increasing as you mentioned maria and sadly more structures as recent as yesterday burning to the ground. maria: so upsetting, steven thank you. steven morgan. stay with us. we'll be right back. we've got a big hour coming up right here.

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