we might think you ever bother you for watching us up earlier. have a great weekend and we will see you tomorrow. >> sandra: fox news alert, one hour from now, the president trump set to hold a news conference on new job numbers just about 30 minutes ago and they were much better than expected. the unemployment rate which was expected to spike to nearly 20% actually dipped a 13.3% has the impact from the coronavirus did ease. we will have that for you. and a fox news alert, the nypd arresting hundreds of protesters overnight as the department finally cracks down on curfew violations. even mayor de blasio of new york city saying when it

comes to demonstrations after 8:00 p.m., enough is enough. good morning, everyone. i'm sandra smith. happy friday. >> ed: i'm ed henry. police moving in last night as thousands of new yorkers defied an 8:00 p.m. curfew and protests that were largely peaceful. meanwhile, nypd commissioner admitting some mistakes in response to those protests while calling on the public to support new york's finest. >> i am sorry. are you? how do we move forward? i do not know how we will get there. i wish i had all the answers, but i know this much, we cannot reach that place until we end the hateful speech and the lawbreaking and the unprovoked attacks against police officers and the rhetoric that fuels th them. >> ed: laura ingle is following all of this from new york city.

good morning. >> good morning, ed baer the streets of new york city are relatively quiet here after another night of arrests, demonstrations, and protests. as you mentioned, thousands breaking that 8:00 p.m. curfew as they took to the city streets to denounce police brutality. we got an iphone last night as our cameras were out on the streets with them. while most of them were peaceful, and brooklyn, the nypd was seen pushing back crowds as protesters continue to work their way through the streets along after nightfall. those arrested were put in zip tie handcuffs and placed in vans as a recording about the curfew played through police loudspeakers. then, have you seen this video? the roughing up of a 75-year-old man in buffalo, new york, who was being shoved out to the ground by a police officer and was seen with the blood coming out of his ear after he hit the pavement. the officers involved have been suspended while the buffalo police have opened an internal investigation.

new york governor andrew cuomo quick to tweet about the situation, saying this. "this incident is wholly unjustified and utterly disgraceful. i've spoken with buffalo here and we agreed that the officers involved should be immediately suspended pending a formal investigation. police officers must enforce, not abuse the law." all of this coming just hours after a massive memorial prayer service was held in brooklyn yesterday by the brother of george floyd. thousands came to honor floyd and protest his death while in minneapolis police custody. taryn spoke to the crowd about the civil unrest going on throughout the country. >> i'm proud of the protests, but i'm not proud of the destruction. my brother was in about that. >> we've got a long day and night ahead of us and by our count, at least 16 protests plan

today and of course, the curfew remains in effect. that will go on through sunday night. >> ed: we will watch it. laura ingle, thank you. >> sandra: for more on this amount let's bring in associate editor for "the wall street journal" and fox news contributor. a good morning to you. i want to get your thoughts on what we saw overnight in the developing story of more and more calls from some to defund the police. in the case of minneapolis, dismantle and replace the police. what are you hearing and seeing this morning? >> dismantle and replace with what? dismantle and replace with the police. you need police in every community, and i think some of the language that you are hearing right now from a couple of quarters is hyperbolic. it's exaggerated. probably inflamed by the emotions of the moment. anyone who is thinking there's not going to be some reform is probably kidding themselves.

i think that's mostly what people are talking about. this is a city councilman saying they should dismantle the police in minneapolis. but at the same time, he said replace it with a new way of thinking with the new structure, and i think that's probably what you're going to see in a lot of these communities. not defunding, not dismantling, but more oversight, some reforms that look at how police are trained. him looking at how they oversee the training and the results of it. >> sandrain? there's a political headline on biden and police unions. potentially some bad news for the presumptive democratic nominee. in that, the national association of police organizations executive director said this. "for joe biden, police are shaking their heads but because he used to be a stand-up guy who backed law enforcement. seems in his old age for whatever reason, he is writing us at a final chapter when it

comes to supporting law enforcement." there is some brand-new sound from joe biden talking about the percentage of generally bad people in this country. let's listen together. >> the words the president says matter weird when the president stands up and divides people all the time, you're going to get the worst of us to come out. do we really think this is as good as we can be as a nation? i don't think the vast majority of people think that. probably anywhere from ten to 15% of people out there who are just not very good people. >> sandra: summer seeing that is a very divisive, and or potentially something that could change the course of the election. how did you see that? >> probably not change the course of the election. people who have made up their mindedness election will see it as a positive thing and agree with it or they will see it as a negative thing and use it against biden. i think that's probably to be

expected. i don't know what percentage of people are bad people in the united states. certainly during the protests, there were some bad people who took the protests as cover to riot and do damage and to loot. they were more interested in getting a new flatscreen tv then to express an opinion about the police and george floyd's death. what percentage of people that was, it was obviously a small one. the vast majority of people were protesting peacefully. but this is not uncommon. you see this in previous protests in the united states, that they will be a small percentage of people to take advantage of the situation to indulge in criminal acts. as for his broader comment about what percentage of people in the united states are bad people, be they fringe people or criminals with a right-leaning thinking more left-leaning thinking, who knows? everyone has their own opinion depending on their day of work.

what percentage of the people of the united states are bad. i don't think that this resounds through the election. i think the issue for biden right now is to navigate the political shoals. between wanting to support protesters who are peaceful and who are looking for reform in those police departments that have a problem with police brutality and also on the other side of it, supporting law enforcement, which i think most americans do support law enforcement. >> sandra: i can't let you go until i ask you about this latest jobs report. they was a complete surprise. this is a fox business headline. surprise 2.5 million jobs in may, the unemployment rate did sink. we were expected to see the highest level of unemployment in this country since the great depression. what did you make of this report and looks like we are going to

see a big valley on the open here a few moments from now. >> is interesting. an economic advisor to president trump has been talking about these job numbers partly from the perspective that they are looking in the rearview mirror, and what he was expecting it is for may to show a rather notable uptick, get above 20% unemployment because of all of the previous closings of business and the working through of the pipeline of the unemployment claims. but what we saw was a reverse of that and that the marginal openings of businesses around the country have created a bit of a bounce, not an insubstantial bounds in employment, and it's happening earlier then the lot of other people would've thought that this would be a number you would see in june, we are seeing in may. is coming off of an incredibly

low base. a lot of people unemployed. so even a small reopening will ricochet through the system and echo through the system as a notable uptick in employment. the question is how does that continue through the year and will we see it essentially a plateau is year progresses later in the year >> sandra: will it be about 10% unemployment? or will it not? will the economy come back, will the virus not impede that come back, and unemployment continue on the trajectory that we saw in may? probably a little bit of the former. >> sandra: really stunning numbers. of the economists that were surveyed going into the forecast that fox business, not a single one called for a gain in payrolls. that's how much of a surprise that number is and you can see the reaction on the market. dow futures up 740 points indicating a pretty big valley

on the open this morning. holding a news conference at 10:00. thank you. much more on that coming up. >> ed: meantime, another fox news alert from the nation's capital where d.c. mayor is calling for out-of-state national guard troops to get out of d.c. after she accused the federal government of infringing on that city's rights. she is reportedly having some 200 troops evicted from their hotels this morning. utah senator slam that move last night with shannon. >> they are being evicted. the office of the mayor of the city of washington has ended their contract with the marriott marquis hotel. they will get off at 10:00 a.m. tomorrow and at that point, they have to go gather their things and go find another place to stay because the mayor's office canceled their contract. that's not right. >> sandra: the mayor reciting the third amendment so this is a big debate growing this morning. a kristin fisher lie from the white house with more details. >> so far, the mayor's office

has not confirmed this is happening there we reached out again this morning but have not heard that. but if this did happen or if it does happen, it was marked a major escalation between the city's democratic mayor and president trump. this is all coming from senator mike lee of utah who told shannon bream last night that they were more than 1200 national guard troops from ten states that are being kicked out of all d.c. hotels, the latest report he received is that they may have to sleep on a cot at the d.c. armory. >> they came here at the request of their country and now in the middle of it come in the middle of their fourth consecutive all-nighter, being told they are not welcome there. that is unpatriotic and unacceptable. >> the d.c. mayor has been very critical of the president's decision to bring in national guard troops to enforce law and order in the streets and while the mayor did not say anything about what senator lee is accusing her of doing an

interview last night, she did question the president's legal authority to call and national guard troops from other states to the district of columbia. >> because of our lack of statehood, the federal government can encroach on our city streets in the name of protecting federal assets. i think it's unprecedented that state troopers from other states have been brought into the district. >> today, president trump will be heading up to maine to tour a company that manufactures those swabs that are used in coronavirus testing, but first as you guys reported at the top of the hour, and just learned that president trump is going to be holding a news conference about these latest economic numbers attend a.m. >> sandra: much more on the fight over troops and our nation's capital with republican

congressman adam kinzinger who just returned from his own national guard duty to help stop violence and looting. we will get his thoughts on all of that. plus, federal authorities have blamed in t5 for instances of rioting and looting across the country, and now they say they have the evidence to back it up. >> we are seeing people who are exploiting the situation to pursue violence, extremist agendas, anarchists like antifa, and other agitators. is that net carbs or total?...

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>> sandra: two national guard members reportedly in the hospital this morning after injured and a lightning strike in washington, d.c. happen around midnight in lafayette square right across from the white house.

injury said to be serious but not life-threatening. >> we have evidence that antiques and other similar extremist groups as well as actors of a variety of different political persuasions have been involved in instigating and participating in the violent activity. >> ed: attorney general william barr confirming evidence of antifa and other groups hijacking some protests to incite our scent and looting here is reaction from adam kinzinger, good morning. good to have you. we want to get to antifa and all of that and a moment we have this breaking news overnight where utah senator mike lee told shannon bream that the utah national guard personnel are allegedly being kicked out of their d.c. hotels because the mayor doesn't want them. you just came back from your own tour of duty with the air national guard as i understand it. what in the world is going on here?

>> this is true. it's ridiculous. remember two weeks ago when the democrats were outraged over the fact that some guard members 89 days of orders and not 90 and that would disallow them to have three months of early retirement and obviously president trump hates the national guard and that was indication now. do you have the mayor in d.c. threatening to evict them and it's a shame. in essence what she would be saying is would have the national guard stay or maybe have the super eight in virginia because this hotel is too nice and it's ridiculous. >> ed: i will give you a chance to clear your throat there while i read this. citing the third amendment to the constitution which is obviously very serious. no soldier shall in time of peace be quartered in any house without the consent of that or not all neck owners nor in time of war but in a manner to be prescribed by law. though i want to press you on that. how do you swear that? if the mayor reciting the

constitution, saying if she doesn't want them there, she doesn't have to have them. >> she doesn't have to have the national guard and military in their home care that also includes title x. there under the orders of the government but doesn't have to have them in her home. even if the city owns the hotel, that's a hotel. that's a hotel that signs a contract with the national guard. has nothing to do with quartering in the third amendment. otherwise, we will get into the whole thing of the guy that owns all the marriott's and the hiltons and say the military can't stay there. that was not the intention of the third amendment by any means. >> sandra: i want to get to what the attorney general said about antifa, also talked about injuries by law enforcement personnel. >> from saturday until today, there were 114 injuries to law enforcement, most of those

to federal agents and most of those inflicted right around the white house. >> ed: tell us what you saw up close with your national guard duty. reducing mostly peaceful protest? tell us about your experience. >> mostly peaceful. we kind of got up to where we were going right after the violence happened and it was peaceful after that. but what you're looking for in that process is signs of nt five. anybody that denies they were in there, i have no idea why they'd be defending them. what you're looking for is antifa where they're working as scouts. they have a rank structure. you see some of them on bikes as runners. they usually act alone. and what they'll do is stand behind legitimate protesters and throw bricks or bottles or body excrement to try to get the police to attack the protesters so they can get it on video and create more outrage that is their whole goal here is instability in overthrowing the system and they think that the

more they can inflame this, the more successful they will be. 100%, they are involved. does it mean all antifa of course but trying to agitate the crowds. >> ed: speaker nancy pelosi is upset about the national guard. i'll give you a chance to react. >> soldiers on the steps of the lincoln memorial, bureau of prisons, officers in lafayette square, the national park service doing that. states have sent in national guard from other states. by one authority, to these national guard people come in from other states. by what authority >> sandra: what is the mission, what is the chain of command, who is in charge? wants of answers. >> ed: can you answer those questions from her? >> first of all, d.c. has a different chain of command. her state has used

national guard so should ask the governor about that. the president can pay and federalize it when it comes to d.c. because this is a district where there is no governor. it's incredible. and yes, guard troops regarding the lincoln memorial. chicago getting torn up repeatedly as the mayor of chicago was saying the card is in train for the situation, if they had been standing in front of some of these businesses, they would never have been looted. where i was, where the national guard was, there was peace because it allowed peaceful protest to occur and allow the police to go out and police dynamically quit denigrating the guard, democra democrats. >> ed: we certainly think you for your service and thank you for coming on. sandra? to mecca next hour, president trump will be holding a news conference just announced a short time ago after that stunning new jobs report a short time ago from the month of may. did show that unemployment in this country fell and the u.s. economy did add two and a half

million jobs during the month of may. going to bring you his remarks life when he begins 10:00 a.m. eastern time. plus, michael white finally back on u.s. soil after spending the last two years detained in iran. we will have a live report on his release coming up next. >> what a great day for this country, what a great day for michael white, and this president has been focused on bringing people home since he got in office. more detainees, more hostages back then just about any other president. this moment right now... this is our commencement. no, we'll not get a diploma or a degree of any kind. but we are entering a new chapter in our lives. our confidence is shaken; our hearts cracked. the kind of a crack that comes from the loss of a job; from life plans falling apart. we didn't ask for it... but we are rising to meet it.

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i >> sandra: fox news alert now, the may jobs report is out and it is far better than analysts had predicted. the u.s. economy for the month of may adding 2.5 million jobs, unemployment did drop the headline rates drop to the 13.3%. trump has said he would be speaking top of the next hour at 10:00 a.m. eastern time on what all of these numbers mean for the country's reopening and recovery. let's bring in liz claman, inquiry of real claimant count down on the we have looked at some of these reports befor before. so much good news in this report this morning. >> absolutely. in this is a stunner, optimistic and underscoring the fact that this will have been the shortest recession in history, right?

to see this kind of game where we were expecting a loss of 8.3 million jobs and saw them move to the upside of 2.7 million is extremely encouraging and what it really says slightly beneath the surface here is that the situation was what is called an exogenous or human made or very surprising event. in verses a slow-motion train wreck that brings a two a stretched out for a session, of what we saw. this is more involved lockdown, lockdowns beginning to be lifted and seeing this incremental opening and the jobs report really came back. i wanted to just explain where we saw the biggest job gains. we saw the construction, 104,000 construction jobs, retail trade, but the big part as they say is coming from leisure and travel. we did see some scaling back in mining jobs and the government continuing to shed jobs but

overall on the surface, this is an incredibly inspiring and certainly a huge relief of the report. >> sandra: so you'll expect the president to talk about that top of the next hour and meanwhile look at the dow opening 2 minutes ago and a nearly 700-point gain out of the gates with the surprise report but april, saw nearly 21 million' jobs lost. we saw the brakes completely pumped on this u.s. economy and so many fell out of work. you look at the headline unemployment at 13.3%, while this is a good surprise, still looking at historically high unemployment and when you look at the african-american population, hispanic, asian, you are seeing that headline unemployment rate below their level. so you still have historically high minority unemployment rates in this country right now. i don't think we saw those come down in this report.

>> we did not. and that is extremely discouraging. the unemployment rate for the african-american population in the united states for the month of may, here we sought dropping for whites, dropping overall, dropping for many different areas with 16.8% completely unchanged. month over month, and this really underscores the belief and the voice of the african-americans who have been saying we have been underrepresented. we don't get to participate in the wealth creation that many people have seen through the stock market, and obviously, the coronavirus has hit the african-american community in an outsized way from a health standpoint, and it really is so discouraging to see that this rate of unemployment for blacks in america is still 16.8%. in teenagers, by the way, really ugly as well, unchanged at

29.9%. overall as we look at this picture, you've got to dig a little bit deeper and we would be remiss if we didn't point out that most if not all of the 2.7 million jobs to the upside actually came from furloughed employees coming back on the job. so these are not brand-new jobs that have been created. it's just important to give people some of that granularity and that color when it comes to exactly what this number really means, but i don't want to cover up the point that this is a very surprisingly good number. the stock market is showing it and just this last point that i would make is when you look at the entirety of the people who are coming back on the jobs that they already have, the stimulus appears to have worked. one thing that the market might look at later on in the day or monday as that may be no more stimulus. the statement was to be put in has work that we might not see future stimulus. >> sandra: we will see where

that debate goes because obviously the debate will be are we fully in recovery mode now? how long will that recovery take? will that be fully recovered without an vaccine for the coronavirus? we will hear many of those discussions to come. but the dow just up 711 points but we were talking. friday morning on the jobs report. thank you, good to see you. and about 25 minutes from now, we will have more on the jobs report coming up. peter navarro will be joining us at the 10:00 hour. we will get his reaction to that next hour as well has the president top of the hour. of >> ed: we are watching that and also, u.s. navy vet michael white back on american soil. i ran releasing the california native after holding him for nearly two years. >> i am improving, did contract coronavirus prior to going on for a low, but i'm recovering

pretty decently, getting back into shape. i was in poor shape then but getting a lot better as a result of swiss embassy and all the efforts of the trump administration. >> ed: he has obviously been through a lot but looking good, jennifer griffin live at the pentagon. good morning. >> the plane carrying michael white landed at dallas international airport at roughly 2:00 a.m. this morning. >> i do want to extend my personal thanks to president trump for his efforts both diplomatically and otherwise, making america great again and i look forward to what's going to happen here in the future. >> are only rich edson was there when white was transferred to american officials in switzerland. the state department envoy created wow completed the transfer. >> getting back into shape. >> in july 2018, said he was visiting a girlfriend and i ran he met online when the authorities arrested him.

in march 2019, he was sentenced to ten years in prison on charges he consulted iran's supreme leader and posted private photographs on social media. >> associating with the iranians is never a linear process. there's a lot of stops and starts, have to be very patient. this is a regime that has been taking americans hostage for 41 years. and our diplomacy has been successful and we are going to keep working at it. >> a senior u.s. official told fox news that is part of the deal to free white, the trump administration agreed to release an iranian-american doctor. he served 16 months for violating american sanctions against iran and was sentenced thursday to time served. the official has lived in the u.s. for 33 years and as a medical doctor in florida. of michael white's release also comes one day after an iranian scientist held in the u.s. retun to iran after an american court cleared him of charges of

stealing trade secrets. the state department says there was no prisoner exchange. today, the former navy cook michael white is back on u.s. soil. >> ed: some good news, we needed that. thank you for bringing it to us. >> sandra: and new developments in the race for a coronavirus vaccine. one pharmaceutical company aiming to produce 2 billion doses as a new report suggests prevention may not be a one-shot deal. plus, the nypd could be facing its first major budget cut in decades as cities across the nation consider defunding police departments. we will be speaking to one union leader about what this could mean for public safety next. >> anyone who says that they structurally believe we should take resources away from the police, here's what i say. we have to make sure we are safe, we have to keep doing the work of policing where they are more focused on supporting young people. you $2,000 every year.

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>> ed: the movement to defund the police actually gaining traction as demonstrations continue across america. l.a. mayor eric garcetti announcing he is scrapping plans for a massive police budget hike after protesters rallied outside his own home. >> what you did know we will not be increasing our police budget. how can we at this moment? are city identified $250 million in cuts so we could invest in jobs and health, and education, and healing. in those dollars need to be focused on our black community here in los angeles. >> ed: joining us now is rob harris, director of the los angeles police protective league, good morning. so to be clear, he is not saying quite defund the police they are. there were others on the left

who are, but he's talking about a big cut to the police budget in l.a. and somehow moving money to what he calls healing. how would that work on the streets of l.a.? >> first, let me just take a brief moment here because i want to communicate our deepest sympathies to mr. floyd's family of what happened to him was an absolute travesty, it was an injustice, no justification for it, and i think the officers -- i hope the consequences that they deserve are coming. >> ed: we all agree on that and have been talking about it for days and days and days and you can't say enough so i'm glad you repeated it. but is the answer to either defund the police are massively cut their budgets? >> council president budget motion was absolutely the antithesis of leadership. will leadership exercises

ownership. solves problems. unites us. basically she was afraid and instead of taking ownership for the decisions that she made as a council member, she pointed the fingers at our officers who are working in the middle of a global pandemic and are still standing on a line battered and bruised and pointed a finger at them and made all of society's ills at their feet. was shameful. and let me tell you, we have lost all faith in his ability to lead the residence or the city council of los angeles. >> ed: that is local but we are seeing a national as well. quickly, reading "the new york times" this morning, they are citing an article noting that in los angeles where you are, fatal police shootings have declined in each of the last four years down to 12 last year. to be clear, 12 is too many. we talked about this during coronavirus.

when death is too many. 12 police shootings and deaths, too many, but they've actually been on the decline. how was that message not gotten out? >> we are looking at a philosophical idea that the police are the root of all the ills in society. and that's the wrong approach to take. you want to have a real conversation about decisive actions that we can take to move us forward and to build trust, we can do that. i think there should be absolutely a national police standard implemented in this country so that everybody and everyone knows what that standard is. >> ed: i want to give the full context, the story was talking about how there does need to be reform of police forces, that involves reducing forces maybe not massively but reduce them and de-escalate. your thoughts quickly about reform.

>> bring the los angeles police protectively to the table because the los angeles police department should be the beacon on the hill because we have already implemented all of these things. so take our example and let us lead from the front. >> ed: we appreciate you coming on. >> sandra: he is expected to speak about those brand-new jobs numbers out this morning. we will take you to him and the white house as soon as he begins from the rose garden this morning. plus, a pharmaceutical company planning to produce 2 billion doses of coronavirus vaccine and we be ready sooner than we all think. ♪ limu emu & doug [ siren ] give me your hand! i can save you... lots of money with liberty mutual!

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>> sandra: new developments in the race for a coronavirus vaccine. aiming to produce 2 billion doses by september. fox news medical contributor is here. you have taken us through so much of the pandemic and now to the hopes of a vaccine. what do we need to know about this this morning? good morning. >> something that astrazeneca is doing in combination with oxford university is really unprecedented and comes into vaccine making. they are concurrently manufacturing the vaccine as the same time as clinical trials. modernity is also doing this but what that tells us as they are still confident as vaccine is actually going to be effective for they are putting themselves on the line by manufacturing in parallel to make sure that as soon as this becomes approved after those trials but it's ready to go.

so promising 400 million of them coming to the united states may be as early as september as they enter phase three trials. the good news about this as they have given it to over 10,000 patients and they have already said it has been very safe, well-tolerated, and they have high hopes for its effectivene effectiveness. >> sandra: we were initially told it could be anywhere from 18 months to two years for a vaccine, just didn't know what exactly the timeline was. now it seems like we are talking about the hopes of one coming much sooner than we were originally told. are there risks to moving too quickly for this? saw a headline this morning about the vaccine and serving some cautionary tales. >> absolutely. we definitely don't want to be skipping safety checks along the way in an effort to rapidly cut

something out there because what's the purpose of giving something to someone if it's not going to be safe? then you're creating another problem. and when they're giving us 400 million vaccine doses as early as september, that doesn't mean it is going to be available to the general public. they are still likely going to be within their phase three trials because in phase three you were giving it to a large population of people. so on one hand, they might be getting vaccinated as soon as this becomes available in september but still likely going to be under the umbrella of clinical trials. with that being said, you will be having hundreds of thousands of people being vaccinated with something that has already proven very safe and somewhat efficacious in the general public. we may be vaccinating people while we are still doing the clinical trial. so it is win-win in that sense. i still don't think we are going to have a vaccine just for the public until late 2020 and early 2021. that being said, as long as some

people are getting vaccinated with a vaccine that is improving some immunity, that will be a win for the united states even if it's within clinical trial timeline. >> sandra: only have about 30 seconds left but potentially needing two shots when that's available, this is a "usa today" article. in the first shot would prime the immune system and the second shot would strengthen the immune response. so what are we hearing about needing two shots? >> probably going to be likely paired this is a novel coronavirus so we don't have any sort of immunity to it at this point just like when your kids go and get their vaccinations, a lot of times they need that booster shots. that second one shortly thereafter is to make sure they boost that immune response, the body provides enough antibodies to give some long-term immunity because if you aren't able to boost that up, i wouldn't be too concerned about that whatsoever.

i'm just looking for making sure that we have enough syringes and availability it's it is available. >> sandra: i have to leave it there. great information. we will be right back. gs like gs before they worry about their insurance or credit card bills. discover all the ways we're helping members today. or credit card bills. at mercedes-benz, nothing service will do.-class that's why we're expanding your range of choices. many dealers now offer optional pick-up & delivery and at-home maintenance, as well as online shopping with home delivery and special finance arrangements. so, whether you visit your local dealer or prefer the comfort of home you can count on the very highest level of service.

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>> sandra: fox news alert them on a stunning turn around, the may jobs report is out showing the economy bouncing back must fat much faster than anyone predicted. >> ed: i am ed henry. the startling numbers suggesting the road to recovery after the pandemic lock downs could be a little shorter than many feared. u.s. employers adding 2.5 million jobs last month, the biggest monthly increase in history. the unemployment rate dropping nearly one and a half points to 13.3% in the right now, you can see that dow is reacting very positively about 650 points, 2.5%, the nasdaq is also up, the

markets are reacting, president trump set to speak any moment now from the white house, he will be in the rose garden to talk about these job numbers and what he is hoping for in terms of a recovery. >> sandra: really remarkable to look at this move in the u.s. stock market and reaction to the surprise report, the nasdaq, the tech heavy nasdaq is now within a percent of its all-time high and the s&p 500 and dow are inching their way back to their record highs as well. but you looked back at what has happened over the past several months that has led to this jobs report this morning. in march, 700,000 jobs lost. april, 20.5 million jobs lost, and now in the month of may where a drop was predicted, 2.5 million jobs gained, and that is a surprise that everyone is reacting to you this morning, but still double digit unemployment in this country,

13.3% and while that is a lot better than feared, that is still historically high for this country. >> ed: you think about where we were where there were a lot of fears that the state started reopening, might be spikes and more coronavirus cases, might see even more jobs lost, can see some real economic and health problems and you look at the jobs number specifically, manufacturing jobs up 225,000 in the month of may. that is very strong obviously come up we should also note small business bankruptcy is up about 15%. there are still a lot of people in this country hurting, as you know. >> sandra: the minority population is a sector of this report that a lot of folks are shining a light on this morning as far as the african-american unemployment rate, it is at 16.8%. and while that is historically high and is above the national average, is very to acknowledge

that in bringing in chris wallace. you have been watching these employment reports as we have gone through this pandemic over the past several months. they have been tough to read. this this morning is incredibly pleasant surprise for the american people who have gotten hit so hard during this period >> it is astonishing and just great news then to put this, we had a little technical problem here. this is the biggest increase in jobs in u.s. history, two and a half million jobs in a single month and all the experts and i guess now we have to put in quotes, experts are saying we are going to lose a million jobs, going to be close to 20%, over 20% unemployment but instead we added two and a half million jobs and we dropped from 14.7% to 13.3. obviously still a terrible number and as you were pointing out, an awful lot of misery behind those numbers, but to have jobs added and the

unemployment rate go down when everybody thought it was going to be jobs lost in the unemployment rate go up, i think it shows two things. first of all, the resilience of the american economy and the political resilience of president trump because if i can understand why he is going to hold a news conference in a couple of moments about all this. he has had a brutal week with being criticized by a lot of people in the country, religious leaders, military leaders, even a few republicans, and he is going to be able to come out this morning and say the transition to greatness, which is what he is calling the reopening of the country that we are seeing the first signs of it. so good news for the american economy, good news politically for donald trump when he needs it. >> ed: to your point, before the civil unrest, resident talking about as coronavirus was the focus, i built the greatest economy the world's ever seen. and i'm the one in this presidential election here at

the backdrop who can rebuild it, and they were a lot of fears just a few weeks ago that when georgia was outlier, even the president said he wasn't happy with the republican governor, there was a concern about a new spike of cases that some states were moving too fast. seems like this jobs report -- and you're right, you don't want to overstate it, but there is some optimism out there about not just states, but people bouncing back in this country. >> and it is so interesting the places where we are seeing increases in jobs in the leisure industry on the hotels and restaurants and these were some of the areas where we thought people were going to be the last to come back and the reopening had been so slow and tentative to the degree that they even reopened they had to clear out about half of their tables and have disposable dishes and menus and things like that, but you've

seen a significant increase they are. now, we do have to put it in context because people say it's going to take a long time and we are going to get back to the levels of three or 4% unemployment that we had some people say for decades and of course those were the same experts who said we were going to be a 20% unemployment today. so at a time when we've had the coronavirus and we've had this terrible loss of jobs and then we had the brutal death of george floyd and the racial unrest in the protests and a rioting in the country, we should take some good news when we can find it, and this is unadulterated good news today. how big it is, how long-lasting it is, we don't know, but good news is good news, and let's celebrate it. >> sandra: amen. much of it came from those classified as temporary layoffs by those for load workers, many getting called back to work after the shut down in many parts of the country.

leisure and hospitality. to your point, so much good news in it. leisure and hospitality represented almost half of the jobs gained. you look at just yesterday when we were talking to the vegas chamber of commerce and their opening their doors to the casinos yesterday morning. >> again, on a bit of a bubble here with all the protests and all those crowds of people that were together, many of them as we saw on tv without masks and certainly not social distancing, you've got to worry obviously about a spike, but that is for tomorrow and next week. right now, the economy is showing signs of resurgence, a lot faster and a lot stronger than anybody expected. in fact, when you talk about the experts who were saying that this was going to be a tough month and what we are talking about is the may unemployment numbers, they were people in the administration saying april is

bad and may is going to be even worse, so i suspect they are surprised very pleasantly but they are surprised as well by this. this was unforeseen, the dow jones had surveyed all of the top economists in the country and they were talking about a .3 million jobs lost in the may numbers, unemployment just under 20%, 19.5% and instead, two and a half million jobs added in unemployment down by one and a half points to 13.3%. maybe it won't last. we will see. but for now, it is good news. good news economically and good news politically." >> ed: putting in the context of this presidential campaign, you mentioned a moment ago that it's been a brutal week for the president in some ways, reports that his poll numbers are not good, campaign might be concerned about these battlegrounds. four years ago, he was down and still won the election but put

it in the context of this trying to reframe things a bit. >> we all thought that donald trump was going to be able to run on a strong economy and historically strong economy with unemployment under 4% with unemployment among minorities at record low levels and that all seemed to go with the coronavirus and the architect of the trump economy was going to have to answer for a very bad and weak economy. and that has largely changed this morning at 830 when the numbers came out. we almost have five months until the next election so a lot can happen but right now, have to assume that it's going to accentuate the positive and there is some positive today saying i told you was going to start to come back and it has

faster than we ever imagined. does show some remarkable resilience in this economy. does show a lot of people were saying this economy was going to be down and out for a long period of time. and it isn't. that is good news. >> sandra: you heard president trump himself shocking many when he was calling for a v-shaped recovery in a quick snap back, so we will see if that's the case. you've got a brand-new book out, congratulations on that. tell us about that and your special coming this weekend. >> want to say to everybody, we will come back as soon as the president comes out, but yes, countdown 1945 and the story of the development of the atom bomb and the 116 days that change the world and the thing i love the most about it is saying i know what happened in 1945 but this reads like a thriller and we take you behind the scenes starting april 12th when truman

is the vice president suddenly becomes president when franklin roosevelt's eyes and just after he is sworn in, the secretary of war says i've got to tell you something. he says we have been developing for the last three years and atom bomb, and it was the first that truman had ever heard about the manhattan project even though he was vice president, and we take you not day by day, but almost the key moments and is 116 days as he is trying to decide should i invade japan, that would add another year and a half, have million american casualties, can we use this bomb, we take you come i don't even know if that's going to work, whether it will be if it does work, we take you to the flight crew at the island, just 1500 miles off the coast of japan where the flight crew is going to take the bomb and drop it on hiroshima and they don't know if the bomb works at all

will blow the plane apart and then a little 10-year-old girl who was a ground zero at hiroshima when the bomb is dropped and we take you along every uncertain step of the way as people don't know what the results are going to be, and we are going to have a documentary 10:00 p.m. eastern on fox news channel on sunday. the book is available to order online right now, and in bookstores on tuesday and i've got to tell you if i suspect you can tell them i couldn't be prouder of it. >> sandra: congrats to you, chris. going to be fascinating to read about such a monumental time in american history back then week by week going through some pretty remarkable history. we will be watching "fox news sunday" as well. we appreciate you teeing up the president's news conference. >> thank you guys. >> ed: as we await the president, the dow surging on that stunningly positive new jobs report.

the americans recovery is well underway at least. at the white house trade advisor peter navarro is going to join us for more on the economic outlook, that is straight ahead. with newday's va streamline refi there's no income verification, no home appraisal, and no out of pocket costs. it's the quickest and easiest refi they've ever offered. call newday now. balanced nutrition for strength and energy. whoo-hoo! great tasting ensure with 9 grams of protein, 27 vitamins and minerals, and nutrients to support immune health.

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>> sandra: brand-new numbers on the u.s. economy are out. the may jobs report revealing a stunning surprise, 2.5 million jobs added to the u.s. economy last month, the unemployment rate unexpectedly dipping to 13.3% after that report came out shortly after, the president announced that he would be holding a news conference live from the rose garden of the white house a short time from now, it was expected at 10:00 a.m. eastern time. we have not yet seen that shot

come up. with the president begin speaking, we will go to that life. >> ed: fox news alert, meantime drastic changes may be coming to law enforcement in minneapolis after the death of george floyd. the city council following the tear down the police department and start from scratch. this as we learn two of the former officers had been on the job for less than a week. the city council president tweeting "yes, we are going to dismantle the minneapolis police department and replace it with a transformative new model of public safety. meanwhile, minneapolis morning george floyd had a memorial service on thursday, a day of solemn remembrance and some anger. >> what happened to floyd happens every day in this country, and education health services and in the area of american life, it is time for us to stand up in george's name and

say get your knee off our necks. >> ed: we have fox team coverage, a look at the protest nationwide but he is life again in minneapolis, good morning. >> good morning good within the hour, minneapolis city council scheduled to hold an emergency meeting where it is expected to vote yes on new immediate accountability measures on police and perhaps begin that shift toward dismantling the police department. the city of minneapolis has been embroiled in an intense philosophical battle over police for quite some time i'm at least three city council members including the council president now support dismantling of the police department. with many suggestions and ideas floating around including shifting funds away from the police and community programs like juvenile crime prevention and more on city resources.

tweeted we are going to dismantle the minneapolis police department and we are not simply going to glue it back together. going to dramatically rethink how we approach public safety and emergency response. it's really past do. >> we are working and finding a way from the police department to alternative structures and investments and community safety and community development. >> today's council meeting comes after a memorial service yesterday for george floyd here in minneapolis. reverend al sharpton gave the eulogy, celebrities like kevin hart attended. at the floyd family shared some lighthearted memories. >> george was somebody who was always welcome and everybody would feel like they were special. >> he would stand up for his family and friends, stand up for any injustice.

can you please say his name? >> george floyd. >> thank you all. >> minnesota's governor is scheduled to be touring some of the damage right now and we witnessed a lot of it. we saw businesses burn the right to the ground. it's very disheartening and there is immense damage across the city. >> ed: looks calm now, thank you. >> sandra: gathering for george floyd. still tracking down suspects that broke out earlier this week, three nevada men are now seeking federal charges were of plot targeting las vegas and police in california are asking the public for help in catching looters. william la jeunesse has more on that for us to live from santa monica, california, this morning. hey, william. >> both police and prosecutors are now under scrutiny.

the stores are among the first alluded and now police are asking for demonstrators help to catch those who hijack their voice by uploading cell phone pictures. don't give a name or an address but a telephone number to help prosecutors substantiate that evidence in court, and even though the troublemakers conceal their license plates, they can i.d. suspects using a certain software, news and surveillance videos, but it is a two-way street. police are also under scrutiny, to l.a. officers on the sidelines pending review for their use of force using pathans, also the same in long beach. a photo posted of an officer of standing over a pool of blood again with his baton. in florida, a deputy under review for breaking the window of a motorist to block the roadway and refused to get out of her car. >> you had to break my window,

really? >> he rolled my arm up in your window. >> because i felt unsafe. >> i do find the video very troubling, and that is why i have opened up an inquiry into the entire incident. >> san diego police released a video of a black man surrounded by officers who was handcuffed without provocation and charge for resisting arrest. >> why am i still here? i am being a citizen. that's why am frustrated. he really don't get it. >> i understand that you're frustrated. >> i appreciate that, but you don't get it. so the point is, right now, you are seeing remarkable shift in policy and the l.a.p.d. asking for evidence of excessive use of force. sandra?

>> sandra: william la jeunesse on the ground in santa monica, california, thank you. >> ed: fox news alert right now, they shot of the white house waiting for a news conference with the president to start shortly. i really strong jobs report for the month of may, the unemployment rate coming down in terms of manufacturing jobs. they increased 225,000. and just crossing the wires, new york city mayor bill de blasio just said that more than 32,000 construction sites will be eligible in new york city to restart work on monday, june 8th. /just a couple of days away. that's an idea of the jobs that are coming back in cities like new york, but all around the country as well with is a very strong jobs report, something the president obviously wants to tout. he will be in the rose garden shortly. we will be there live as soon as that gets going. when you hear the mayor of new york city who obviously had

been very bearish and cautious about reopening the economy here in new york city now suddenly saying on monday we had already heard monday would be a pivot point in general for getting some things reopened, but specifically 32,000 construction sites in one big city opening up on monday, jobs coming back, that is a big deal. >> sandra: that is a big deal for this economic recovery. so many different predictions over what this would look like, slow or fast recovery for the president has remained very optimistic throughout, and you are about to hear from him after this stunning jobs report for the month of may. you can see a live shot of the rose garden is now up. likely going to see the president and his economic team come out and take a victory lap and tout these numbers as we try to come out of this unbelievably painful time for the american economy. he could look at the u.s. stock market as evidence that there is

optimism that as we reopen, many of these jobs will return and this jobs report was proof of that. i was just digging through some of those names that are making big gains and seeing big rallies in the wake of this report. airline stocks, hotel stocks, cruise company stocks are seeing massive gains in reaction to the stock market this morning. so there is hope that we will recover here and potentially that recovery could be stronger than many economists had been predicting. >> home depot and apple hitting all-time highs in their stock. also want to note there appears to be more movement towards yet another stimulus bill on capitol hill, vice president pence a short time ago did an interview with cnbc and said the administration is ready, willing, and able to work with states and cities to help with some expenses from the coronavirus crisis.

remember, that is something democrats have been pushing for in a new stimulus bill. he went on to say in this interview that the president is still in favor of the payroll tax cut. "we are going to do what needs to be done to bring this economy all the way back. i mention that because it suggests that maybe there is momentum building for a new stimulus bill but also, gives us a preview of what we might hear from the president, that he is still in favor of a payroll tax cut that could mean more money in the pockets of a lot of americans. >> sandra: the president tweeted shortly after the numbers came out this morning really big jobs report, certainly giving himself the credit for this, and you look at those numbers we just had on your screen a moment ago, and you remember just how painful the past few months have been for so many u.s. workers in march, 700,000 jobs lost. in april during the biggest part

of this economic shutdown, saw 20 and a half million jobs lost, and here we are in may with an unexpected gain in u.s. jobs, 2.5 million jobs coming back to the american economy and that is something certainly we can all celebrate. >> you can see the dow up 657 points this morning as we await the president's life comments in the rose garden. the s&p is now down only about 6% from its record that was set in february after being down nearly 34%. so as you noted, you are seeing a come back right before our eyes. >> sandra: the overall jobs participation rate also rising above 60%, but you .5 million jobs gained, that still brings the net job losses during the shutdown for the pandemic to 18.7 million jobs lost.

is so important to put this all in perspective, still a lot of pain out there, been a lot of small businesses who have had to shut their doors for good, some filing bankruptcy weird we will see a lot of change come out of this come up at this certainly gives hope that we can recover and that we can come back out of this, and we are likely to hear more about that from the president and just a moment. >> only one month of data so you always have to caution about that as you just suggested but also thinking about your interview a week ago with the former economic advisor to president barack obama who had made those comments privately about how there was some curtain so my concern among democrats that this economy might start bouncing back in the summer and into the fall just as the presidential campaign is heating up, democrats concern because politically it might not play out as well as they had hoped. as you noted, a lot of people

who were not concerned about the presidential politics of this. they are concerned about the fact they don't have a job. concerned that their hardware store and may have gone out of business, concerned that their restaurant may never reopen. so you have to put all of that on the table. >> sandra: if you are just tuning in now, a brand-new jobs report out for the month of may and it was a stunning surprise to the upside, good news for the american economy, 2.5 million jobs gained, the unemployment rate dipped unexpectedly to 2.3%. and as you can see, the president is beginning to walk out here shortly as we will hear him talk about 2.5 million jobs gained for the month of may, the unemployment rate down to 13.3%. we are going to pose for a moment to let our fox nation join us as we hear from the president live in the rose garden on this friday morning after a new jobs report is out. >> president trump: we have the greatest economy in the

history of our country. >> sandra: fox news coverage. i'm sandra smith in new york. president trump talking about that new jobs report. >> president trump: we are doing really well. i had a meeting yesterday on vaccines. we are doing incredibly well with that. i think you can have some very positive surprises and therapeutics likewise we are doing extremely well. here is we are doing well. those two words really blended with each other, but tremendous progress is being made on vaccines. in fact, we have ready to go in terms of transportation and logistics, over 2 million ready to go. it checks out for safety, and the nice part is, we have four companies i guess you could say seven or eight companies that are doing some similar in some very different on the vaccine front and some similar and some somewhat different on the therapeutic friend. so tremendous progress is being

made on that, and i think even without that, i don't think you're going to be having to use that in the future, that statement because i think they're going to have it, but we are going to be back and opening our country and i hope the lockdown governors -- i don't know why they continue to lock down but if you look at georgia and florida, south carolina, looking at so many different places that have ," the ones that are most energetic about opening are doing a tremendous business and this is what these numbers are all about, and you have to remember one of the thing is very importantly that is extremely important for you to remember is that many of our states are closed or almost closed, some of the big ones, new york's, new jersey's starting now to get open. and i hope that they also use our national guard. we will be ready for them so fast their heads will spin. did it in minnesota, in

minneapolis, ripping the place apart. had such success there. i called the governor and the national guard went in and one night, it was over. you don't see the problem in minnesota now had all. not even a little bit. you take a look at the great city, great city, and it was under siege like nobody's ever seen where people are running from a police department and they were told to. they didn't want to run. they were told to you. bad governing. i'm not blaming the governor, and blaming the mayor, but we want to get all of this finished. this is a great tribute what we are announcing today is a tremendous tribute to a quality, bringing our jobs back. when we had our tremendous numbers, and when we had just prior to the china plague that floated in, we had numbers the

best in history for african-american, four hispanic-american, and for asian-american and for everybody, best for women, best for people without a diploma, young people without a diploma, so many different categories. the numbers for the best in almost every category. the most people working in the history of our country, almost 160 million people, never even close to that. so we had things that we were doing so well, and then it came in but i think we are going to actually be back higher next year than ever before, and the only thing that can stop us is bad policy frankly, left wing, bad policy of raising taxes and green new deals in all of the things that you have been writing about long and hard, that will stop it like you wouldn't believe henna frankly, it is holding it back. there were no possibility that that could happen, and i think we are looking very good even before today, the polls that

i've seen in the polls that we do were looking very good, but if we didn't have the possibility of having massively higher taxes like the democrats want to do and agree new deals which are totally ridiculous, frankly, and i'm a big environmentalist. i believe strongly in taking care of our environment. we have the cleanest air we've ever had in the modern era which you go back 30 years, have the cleanest water we've ever had. bending all sorts of really good environmental records that we are very proud of, but the green new deal would have a devastating effect on the world, and is not going to happen anyway because it's impossible for them to do it. you look at what they want to do under the green new deal, it is like baby talk, but we are doing something that this is an important day because that shows what we've been doing is right and the reason it has been and is so good is because the body

was strong. the body was so powerful that we could actually close our country, save millions of lives, stop people very early on from china from coming in because we stopped early at the end of january, very early. and people coming from china who were infected coming into our country. a very hard decision to make. nobody wanted me to make it. i would almost say nobody wanted me to make it, but we made that decision and even my enemies said that was extremely important, same tens of thousands of lives with that decision, so we did a lot of things, and then we really ended up with empty cupboards, went into a ventilator period the likes of which no one has seen since the second world war. we mobilized, no one has ever seen anything like it. and then we did test for over 20 million for very close but over 20 million tests, more than anybody in the world, germany

about at 4 and south korea's at three a half with over 20. and when you do more testing coming of more cases. we have more cases than anybody because we do more testing than anybody, pretty simple. but this is outstanding what's happening today. they thought the number would be a loss of 9 million jobs, and it was a gain of almost 3 million jobs. i think it was incredible and a couple of ways, number one, the numbers are great, and this leads us onto a long period of growth. we will have the greatest chemical back to having the greatest economy anywhere in the world, nothing close, and we will have a very good about coming few months. i think you're going to have a very good august, very good july, but a spectacular september, but a spectacular october, november, december, and next year will be one of the best years we've ever had economically. and if you look at the numbers,

they bared up. but it's sort of like when you're going in for an operation if a person is healthy, we were healthy. we had the greatest economy in the world. we went in for an operation, we closed our country down. we saved possibly 2 million, two and a half million lives. now it could've been a million lives. i don't think anything less than that, but if you think 105 million today, 105,000 today, that would mean at the lowest number it would be ten times that amount. i think everybody believes if we went heard as you say and if you're looking at brazil they're having a very hard time and kept bringing up sweden, it has come back to haunt sweden having a terrible time. we did that, we would've lost her million, million and a half, even two and a half million or more lives so we are at 105,000 lives. we also closed it up to europe,

europe became very infected from china. a gift from china, not good. they should have stopped it at the source. but it's of a gift from china and a very bad gift. i will tell you that. and how come at wuhan where it started, and they were very badly in bad trouble, he didn't go to any other parts whom i didn't go to beijing or other parts of china. how come it came out to europe, to the world, to the united states? so we didn't go to china, they stopped to come they knew it was a problem, but they didn't stop it from coming to the united states, europe, and the rest of the world. somebody has to ask these questions, and we will get down to the answer. we made a great trade deal. a $250 billion worth of product and they are doing okay, but the ink wasn't dry on that deal when the plague floated in. what's going on?

a plague is floating in from china. what's going on? so the ink wasn't dry. a high view of the trade deal a little bit differently than i did three months ago. it's a great deal. i will say they are buying a lot from us and in that way i respect and getting along with china would be a good thing. i don't know if that's going to happen. i think they want to get along very much with us, but we built a tremendous thing, a tremendous power platform so when it got ill, when we had a problem, we were able to cut it off, stop it just like this, keep everyone inside, keep them together away on infected, and saved millions of lives, and now we are opening with a bang, and we've been talking about the v, this is a rocket ship come on this is far better than v. they were talking about will it

be v, they had no idea and i was watching one of the shows and i have great respect for the people, and they said will that be 9 million in job losses? will it be -- what will the number be? probably going to report record numbers? will we break 20%? what will the number be? and i don't know. because we were in and i don't think we're in that territory anymore. we were in uncharted territory. no one has ever had a situation like that. so the number was 9 million and no, i think it's going to be 10 million. that is 10 million negative losses and then somebody else said no, we think it is going to be 8.7, 9.2, everyone was right around that number. great geniuses, i watch them all the time and often times, they are right. warren buffett sold airlines, he has been -- even sometimes

someone like warren buffett makes mistakes. they should have kept the airline stocks because they went through the roof today and others did too. the whole market went through the roof. but they said 9 million, 9 million job losses. 9 million. are we going to break 20%? are we going to break it? and the numbers came in and in one of the folks that was reading the numbers said this is a great number, only 3 million job losses. and then reading it saying i am not reading this right, let me look at it again. wait a minute, this is 3 million gained almost, 3 million jobs gained, and then they shouted out, one of them did, is this a typo? i think it was probably the greatest miscalculation in the history of business shows talking about wall street. and that's okay, but one of the

reasons we are in this position is because we have such a strong foundation. so we were able to close our country, save millions of lives, and now the trajectory is great. don't forget new york is barely included in that is one of our big ones. california is barely included because they are not open, and they should open. the mayor of los angeles wants to keep this thing closed for a long time. look at what's going on in florida. it's incredible. the job at the governor of florida has done is incredible. you've got to open it up, and you do social distancing and you wear masks if you want, and you do things you can do a lot of things getting closer together. even you, i notice you're starting to get much closer together, looks much better, not all the way there yet but you'll be there soon. it's a tremendous thing that happened, and the reason it happened is because we had a really strong patient. we had a patient that was so powerful, so strong that we

could close it had open it. i give this analogy someone told me yesterday, larry kudlow said it's like a hurricane, and we were worried. we didn't know if this was going to be a hurricane or a major recession. the major recession that is not artificially, this was artificially closed. we just said closed, and everything just stopped, and also, you know what else stopped him back big numbers on death by doing it, and that's why i had to do it. we've made every decision correctly. but it was an artificial closing and then what happened very incredibly has the numbers go in there he was saying that with a hurricane, you have a horrible hurricane in florida or texas, and it is devastating, and then a hurricane goes away and within two hours, everyone is rebuilding and fixing and cleaning and cutting their

grass. i've seen it in texas. i have seen it everywhere. texas had a massive one in louisiana, hurricanes, florida, hurricanes, but what happens is right after the hurricane, and this is what this is. this is a terrible recession. i don't talk about the d word. i don't want to talk about it. any time mentions it. if you had a really big bad recession, it would take it took many years to recover from that. cadden, longer than ten, that's okay. i heard 14 or 15 years, let's go with ten. but it takes a long time to recover. but a hurricane, back in business in one day, two days, three days and it's devastating and hard and this was a

hurricane. and it is going to get better fast because a lot of the numbers that you see our early numbers not even from this last month. you had the greatest 50 day rally in our exchanges. and we have a lot of protesters and we have something else. we have something else. we have a pandemic, we've made tremendous progress on both of you look at where we've come on both. made tremendous progress on both. but the people are now starting to return to work. it's been incredible to see, the experts predicted the economy would lose tremendous numbers of jobs and of course from the

beginning, it has but you will see how fast that is made up. next year unless something happens or the wrong people get in here, this can turn around. 401(k)s will go down. people didn't get rid of stocks and their 401(k)s, they are almost even. with a pandemic and with one of the worst things it's ever happened to our country has never lost 105,000 people whether it is world trade center which was 2,900 or pearl harbor which was less than that, we've never lost anything close to this, but is not just our country, it's the whole world is suffering so badly. 186 countries at this moment, and that affects us too. but we are a positive force, the key to the world in a sense and the fact that we are doing well i see already starting to do much better in other parts of the world, that's a great thing

because we are working with the world and we will work with china too. we will work with everybody. but what happens should have never happened. so we had a tremendous morning, a tremendous announcement. was shocking to even great pros. i watched maria bartiromo, jim cramer, a lot of people, he was pretty positive. charles payne was very positive for a long time. a lot of people got it right. they had confidence in me and confidence in this team and they got it right and that's the only thing they could base it on because we were in uncharted territory. i'd like to just say that renewal restoration and recovery of the most vulnerable areas of america is going to be my focus, a big focus because it is taking care of itself but we have to help that very vulnerable area. it's not right. and we are helping them and have helped them in the past,

criminal justice reform, nobody has ever done for the black community what president trump has done. think of it. historically black small colleges and universities, they would come here for money every year for many, many years. after three years, and said why are you doing this? why do you keep coming here? don't you get a long-term deal so you don't have to come? the head of one of the very respected colleges looked at me and said sir, every year we have to come to washington and beg for money. i said you should have a long-term deal, and we signed a long-term deal so they don't have to come. i said i would miss them. i got to know them. but the first year i didn't think anything of it. the second year said that strange, and then the third year, not so long ago. same people, the heads of the historically black small colleges and universities, 44

people, may be more than that, less than that sometimes but after three years, i said what are you doing? they said the past administration did nothing for us. the administration before that did nothing for that. so i'm going to do it. so we did. the opportunity zones with senator tim scott has been fantastic, and it's one of the great unknowns because the opportunists they don't talk about, one of the most incredible success stories ever in terms of the inner cities and in terms of black and hispanic and asian unemployment opportunities, if you want to do some stories about opportunity zones, billions of billions of dollars of private money is being invested and putting people to work and getting money that they've never made before so it's been a really terrific thing, now time for us to work together as we rebuild, renew

and recover the great promise of america. and that's true. it'll work out. some governors may need a little help yet but for the most part, they are in good shape. we have fantastic military, fantastic national guard, national guard was barely used in these people have done an unbelievable job helping the secret service in washington, secret service are unbelievable. the job they did at the white house is unbelievable. there was never any form of this sounds dangerous. all they could see is what i was seeing on television, but they were outside in the secret service was incredible but we were also helped by the d.c. police and helped by the national guard was unbelievable. they came in and this was like a piece of cake, and i really am suggesting because if you look at minnesota and the great success we had there and other places, i am suggesting to some of these governors that are too proud to new york, you see what's going on there, don't be

proud, get the job done. you'll end up looking much better in the end. call in the national guard, call me. we will have so many people, you can't let what's happening happened. is called dominate the streets. you can't let that happen in new york breaking into stores and all of the famous and hurting many small businesses. you can't let it happen. equal justice under the law must mean that every american receives equal treatment in every encounter with law enforcement regardless of race, color, gender, or creed. they have to receive fair treatment from law enforcement. they have to receive it. you also what happened last week. we can't let that happen. hopefully, george is looking down right now in saying this is a great thing happening for our country. a great day for him, a great day for everybody. this is great day for everybody.

this is a great day in terms of the quality. it's really what the constitution requires and it's what our country is all about. just want to finish by saying we passed several pieces of criminal legislation, many trillions of dollars meeting three, set up to do more, i think we should because we are dominant. for many years as a bystander but somebody that loves government and love this country, i would watch and study and when i say study, naturally study by watching, but if you go back, china was going to catch us in 2019, and that was a given. he go back five years, six years, seven years, china will catch america and catch the united states and in 2019 and it

will become the dominant economy. never happened. it's not going to happen. we dominated them over the last year and a half grade we took in tens of billions of dollars in tariffs that they paid for. i gave some of that money, just a small fraction to our farmers which made them whole. that's why they are all in business, and it came right out of the tariff money. has a reason didn't pay is because china devalued their currency and they played and if they didn't do that, nobody would've brought their product. we made a great deal because of that. it's why we are able to make a good deal is because of the possibility of tariffs because china has taken tremendous advantage of the united states. we helped rebuild china, $500 billion of year how stupid by the people that represented our country.

many other countries. that's all changing. i had a very bad year before the plague hopefully going to have a great year. better years than we ever had. a better system, much better system. we gave benefits and we set $1,200 every individual making less than $75,000.4000 almost dollars to every family before earning less than 150,000. that's a lot, isn't it? that's what's happening with our country. you look at other countries, even countries that they think are doing well, they don't talk about that is being median. in $150,000. it's a great tribute to our

country. the job search we are seeing right now is widespread. leisure and hospitality added 1.2 million jobs. construction jobs are up, 464,000 from education and health services rose, retail trade is up 368,000, and here's what i like the best, previous administration that you need a magic wand to manufacture feed manufacturing which we had up to 600,000 jobs prior to the plague. manufacturing rose to 225,000 jobs so he picked up 225,000. manufacturing jobs, very unexpected. everything that you've seen this morning is unexpected, even the pros sitting here would understand that. we also smashed expectations on the unemployment rate, the

prediction was that it would rise to over 20%, and instead, dropped to around to little more than 13%, slight difference. and this time, the greatest comeback in american history today is probably the greatest comeback in american history but it's not going to stop here. it's going to keep going because so many places are closed. i was watching our great vice president today being interviewed on cnbc. he did a phenomenal job, and he made a statement. he said this is not going to stop and he is always at your bidding everything to me but i'll attribute this to him. he said it's not going to stop because the numbers that you're looking at don't include all of those states that are closed, haven't even opened yet. we are going to be stronger than we were when we were riding high, and our stock market is almost -- just short of an all-time high.

i've had 144 all-time high markets during the three and a half year period. no one's ever come close to that and we will do it again. it's going to be even stronger than last time. i could see what's happening. has always done well with numbers, but i had a feel for it. i said even the other day that we were going to have a tremendous next year. it's going to be a phenomenal next year. i didn't know it would start this quickly. but it would start in august, september, but it started very early. it's an amazing thing, but it means that they are likely to return and all of these jobs that we are talking about now aren't even included because some of our biggest places aren't opened. they are opening up now. new york is opening up as of today, and that is one of our big ones. new jersey all working hard. the governors are all working hard to save millions of american lives. we took that unnecessary evil, we took it out grade we had to

do what we did. we had a very, very strong push not to do anything. we would've lost so many people. but very importantly, the economy wouldn't have been as good as it is because nobody expected this, i don't think there's anybody sitting here that can say i want to see it on tape as opposed to just i did that. some were predicting pretty good numbers, people i mentioned, but we took a tremendous step in a tremendous risk, and we've gone up at a level in this level is going to be nothing compared to what you see you in coming months and especially next year. so the best strategy to ensure the health of our people moving forward is to focus our resources protecting high risk populations like the elderly and those in nursing homes while allowing younger and healthier americans to get back to work immediately and open up our schools, open them up. we understand this disease now.

and nobody's ever it before. it's very tough, very contagious, very mean to certain people. we've learned a lot. nobody knew anything about it. but we learned a lot, and i have to think everybody for working so hard, jared and mike and the task force and all of the people, the admiral, the general saying you should use admirals. i said i did. you should use generals. i said i did. use them both. we had some incredible people on the task force. the job they did in getting ventilators built by the thousands we are giving to nigeria, to france, to spain, to italy, to many countries, to u.k., they are having a hard time. giving them ventilators, great thing. very hard to make, long-term items. we've mobilized, no one's ever seen anything like it. just like the second world war. has it been a mobilization like

this since the second world war especially ventilators because it's hard. is big and complex, computerized all over the place and very expensive and we are building thousands a week right now, thousands a week. no governor, you hear the calls and you listen in on those calls, you are invited to if you want, but you do anyway. every governor has not been one patient in this entire massive company and we didn't have ventilators when we started, the cupboards were empty. the previous administration left us empty cupboards. not one patient, not one that needed a ventilator that didn't get one. think of that. and we are about millions of people, big country. millions of people. not one person needed a ventilator that didn't get it. so we want the continued blanket lockdown to and for the states

we may have some members or some ashes or we may have some flames coming, but we will put them out. we will stop them out. we understand this now. we will stomp them out very powerfully. so we made a big step in our comeback. this was always going to be -- three months ago i said this is a very important period because we are going to learn whether or not this is a very big powerful our word, recession or whether this is a hurricane that we recover from very quickly. we recover from it a mada mattef weeks or days. again as good as these numbers are, the best numbers are you have to come because so many areas are still closed or partially closed. very few are fully open. 50 states and very few are fully opened, even the ones that are very out there are not fully opened. so we are going to have some

tremendous numbers coming in when you look at the airlines, they went from 2% to a number that if it's correct, i'd be surprised, but it's a very high number, people are traveling and traveling in the united states, and also driving, and they are building the trailers. might have to buy one of those things, drive around town, drive back to new york with our first lady in the trailer. what do they call that? and rv. you should know indiana is the capital of rv's. i think i'm going to buy an rv with our first lady. i so we've come together, coming together, never had a thing happen like this. we were all in uncharted territory, uncharted. couldn't be sure, i felt it.

very powerful to come back. the hardest decision i ever made was when they all walked in, a big group of people, very professional people, good people. they said the best thing we can do was close it down. i said what are you talking about? we have this incredible unbelievable country that has never done better and you want us to close it down. in what you talking about? after listening for 10 minutes, didn't take long, said we have to close it down because of the contagion because of power that had with certain people. we didn't know the second part. we knew it was highly contagious because it spread like fire but we didn't know that it hit certain groups of people. that helps us so much in testing and other things, so we are going to protect our elderly, going to protect our elderly with problems whether it is heart or diabetes or any problem, it is like a magnet. elderly and have diabetes or you

have a bad heart, it is like a magnet. they say if you are heavy, so i say thank goodness i'm in perfect shape. thank goodness. but if you are heavy, it's not good. it's a brutal, brutal thing. based on knowledge, meeting with these geniuses based on knowledge, has said by the end of the year, it's going to be a lot sooner than that. and just in the finishing about vaccines, we have mobilized the logistics arm of our military. moving hundreds of thousands of men and women in a very short time. the vaccine is easy, but we can move hundreds of thousands, meant for war, not meant for this. it's meant for war, but we could move hundreds of thousands, a

very short time, the same people doing the vaccine fully mobilized. making important changes to the ppp that will help restaurants, hotels, and other businesses that have been very hard hit by the virus. the i think you know the look realegislation. i think we had human animus una. very close. i want to thank the democrats who work together and help we can get together with the democrats. it's been a disaster in terms of relationship. we did all of these numbers and greatness, the greatest economy we've ever had and it would soon be greater than it was even before. we did this with the senate and house that we are not dealing

with this and not dealing with them either. the level of -- it's ridiculous because we have a great country made they would make a difference if we could get alo along. there is a lot of differences. we want low taxes, we want closed borders. we want people to come in, can have open borders especially now when you have a pandemic. set a record on our southern border. the wall which we never hear about is up to 210 miles long. one of the reasons we are setting a record as we have so much built it will have it up to almost 500 miles very early by the end of next month, up to 21. a wall that people aren't penetrating, this is a very powerful wall, going to be up there a long time, and it has saved us a lot of anguish and

grief, but you don't hear about that. one of the hardest things i've ever had to do was get the money necessary which is billions of dollars from a party that was totally opposed to it. they gave me other things. the military we could rebuild was an easy in terms of that. that's not their natural instinct but no, can't have it. we had nine court cases on the wall that we won and we got it and now nobody talks about it. it's great for our country. we have to have borders an and i said often, long before i won on that great november day, seems like a long time ago, 2016. and i said if you don't have borders, you don't have a country, so we have a lot of things to work with the democrats. we could work along with them, it would be great. we don't, we will do it great as a country anyway. but we could work along with the democrats and i'm open to it, they did in the things should

have never done and you know what i'm talking about. you should have never done. i'm totally open to it. but we could go even steps further. but it has already been historic, no one has come close to doing the things we have done. we rebuilt our military, we have cut regulations at a level that no one has come close to and this is whether it's for years, eight years over in one case even more than that. no one has done anything close, regulations, low taxes, rebuild military, take care, we have proof of that so instead of waiting in line, they can go immediately outside, get a private doctor. we pay for the bill and we actually save money but more importantly, we save their lives, and we save the quality of their lives. they were dying. they would have to wait for five weeks, would it be very sick and

by the time they see the doctor, he would be terminally ill. you don't hear any bad stories about the vaccine anymore. tonight, you'll be traveling all over the world looking for an unhappy event. i we've got accountability because they had a lot of bad people in the va. is called va accountability. we can now fire people that don't treat our vets good. we have come a lot of bad people, and it is called va accountability. almost 50 years they've been trying to get it. choice, almost 50 years they've been trying to get it. i've been hearing about it for years. they've been trying to get va choice, choice means you can have a choice of a doctor. you don't have to wait in line. i have to say, the va has great doctors, but you can't get to them very quickly. now they go outside and they take care of themselves. so we've had a great morning. this is just the beginning, going to be incredible. going to sign are very important

piece of legislation. again, thank you very much to the democrats and then we are going to have a couple of words by a few of the people standing alongside me, want to thank them so much and we will talk to you soon. [indistinct question] i'd like to sign this bill and by the way, what's happened to our country and what you now see is the greatest thing that can happen for race relations, for the african-american community, for asian-american, hispanic-american, for women, for everything. our country is so strong, and that's what my plan is. the strongest economy in the world. we had the strongest economy anywhere in the world, and now we're going to have an economy that is even stronger. >> how would a better economy

have protected george floyd? >> will you take questions after? >> unemployment went up 5.1%. asian-americans only up 5.5%. how was that a victory? i was at a victory? >> thank you very much. i have to say, it's been an honor, such great achievement, feel so good about it. this is just the beginning, the best is yet to come. >> thank you, mr. president. and today is a great day for america. the american comeback begins today and it is a tribute to the strong decisions that you made early on the but the health of america's first from suspending all travel from china to calling on the american people to

embrace the kind of mitigation practices to practice social distancing, to endure 45 days to slow the spread. the way you worked in a bipartisan way, we want to thank members of both parties in congress for working with us to provide relief for families, small businesses, and enterprises across the country. today's numbers historic as they are are a testament to the leadership that you provided on mitigation, on recovery, and as you directed the white house coronavirus task force, also attribute to the fact that states across the country now all 50 states are reopening our country. and even before we came to the end of the 45 days, you directed us to give guidance to state governors and all the states and territories to safely and responsibly reopen, and now all of our states are in the process are doing that.

it's remarkable to think that two and a half million jobs and declining unemployment numbers actually dates to surveys done in mid-may. mr. president, it's remarkable that we can see all across the country that this is a snapshot today of a comeback that was taking place for the better part of a month ago. >> sandra: vice president mike penn speaking from the rose garden calling it a great day for america, just heard from the president calling that jobs report this morning strong, very big day for the country. let's bring in chris wallace who joins us, your reaction to what you've heard from the president so far hitting a range of issues from the rose garden. >> i am not going to get the quote exactly right, but winston churchill once said there is nothing more invigorating than being shot at without a fact, and that is the way that donald trump is seen today. he has been under heavy fire, first the coronavirus, then the

huge job losses, then the racial protests and riots and the steep criticism from some military brass, and then today at 830, all of that changed with these extraordinary jobs numbers that i think he was as surprised by it as a lot of us and if you want to know what donald trump is like when he is really, really happy, you just saw it. i must say when he started talking about driving around the country with the first lady. >> sandra: we have to go back to the president. >> he's pretty happy today. >> sandra: we are going to get back in and listen. >> president trump: we had a disaster with respect to energy, it was down to zero, it was worthless, and 10 million jobs, energy jobs in texas and north dakota and oklahoma and many other states. new mexico, great state, great energy state it's become. and we save that industry and a

short period of time. and you know who helped us? saudi arabia and russia and then we had a mexico to do what they really had to do, and i want to think the president of mexico. he was terrific. that would have been catastrophic to lose it, now up to almost $40 a barrel and people would have said that's impossible but we got saudi arabia, russia, and others to cut back substantially. opec plus, but they were the leaders and we appreciate that very much. could i ask kevin and larry to say a few words please? >> thank you, sir. i will be brief as i can. i know it's pretty hot. >> president trump: i haven't noticed that. >> you're pretty good at it. preceding this number where you are a number of green shoots as we call them in economics or

finance and as the president has mentioned things like mobility, traveling indexes, housing applications for new homes are skyrocketing, new businesses and new business applications are skyrocketing trade we have seen a lot of pieces of evidence and the key to today's number, 2.5 million payrolls and 3.8 million households from which the unemployment comes, the key is that those who were temporarily laid off have gone back to work, 3 million some o odd. and that is because of the reopening, and that is because of the success of the president and vice president's mitigation policies which had to be taken. now the reopening begins. here's a footnote. may 12th for the week the survey was taken, a little less than 50% of small businesses had to be reopened. according to the chamber of commerce, the most recent number in late may and early june, 80%,

79% of small businesses had reopened so we are going to see more continued progress in the june jobs numbers when they come out. that i want to add also my friend and colleague secretary steven mnuchin's leadership on the payroll protection program has kept people on temporary, kept them furloughed but they knew they were going to come back. the ppp has distributed $510 billion and has saved as much as 50 million jobs, and overall, we've extended tax rebates and other payments, 159 million americans were nearly $275 billion, the rescue package works, the largest in american history. now, we are seeing weekly unemployment claims coming down, continued claims coming down. 13.3% unemployment rate has come down, and as the president has noted, these trends will continue. this was a sharp, tough,

heartbreaking pandemic contraction. not a typical economic contraction. was like a hurricane or a bad snowstorm. a lot of heart ache and that in a lot of hardship in that, absolutely. but sharp and the fast and fast, and we are beginning to see this rapid recovery which i believe will extend well into the third quarter and the fourth quarter, still looking for some 20% economic growth and a big number in 2021 as we move forward with presidential policies of lower taxes and regulations and energy and fair and reciprocal trade deals that created a phenomenal economy before the pandemic and could recreate and rebuild that phenomenal economy afterwards. i'll bring in my great pal. >> thank you, mr. president and today is a historic day but as you remind us, still a lot of

work left to do that they were 18 million people that said they expected to be reemployed. 3 million of them came back and it's a shock that to happen so fast, but still a lot of work to do and that's what you've instructed us to do was to give you options so that we can get everybody else in the country back to work, and i think the main economic lesson i take from what we've seen in addition to secretary mnuchin's incredible work getting the programs enacted quickly as at the vice president's leadership of the task force right at the very beginning, you put out guidance for businesses and for governors about how to open safely and because the guidance was so scientifically based, people did so with confidence, and you would never have a jobs number like what we saw today without the confidence that was generated by your leadership and dr. birx on the rest of the team. so thank you so much for your service. >> president trump: thank you very much britt i just want to add, we will be going for a payroll tax cut, we think that

will be incredible in terms of what we're doing because again, we will be bigger and stronger and better than we ever were. that is going to be a tremendous incentive for businesses and also a great incentive plan to me most importantly for the workers from us we will be asking for a payroll tax cut. we will be asking for additional stimulus money because once we get this going, it will be far bigger and far better than we ever seen in this country. and that includes as of three or four months ago when everyone thought it was great, and it was great. and we are going to be doing things for restaurants and various pieces of the entertainment industry which will be an incentive whether rate is deductions or whatever, but steven mnuchin will be working on that because the restaurants will be a little bit harder to come back, although i must tell you i have seen some tremendous numbers from restaurants. we are looking at doing something in terms of an incentive with taxes. could be deductions or something else, but we will be announcing it pretty soon. we will be asking despite the numbers and how good they are

because we will be so far ahead of everybody else if we do what we're doing. in our borrowing costs now is zero so paying no interest which is very good, and i just want to thank everybody. i'd like to ask steven mnuchin to say a few words please. >> thank you, mr. president and mr. vice president, and i want to especially thank the senate and the house for working with us and another example of overwhelming bipartisan support that is helping american business and american workers. this legislation is a direct result of inviting and leaders from the restaurant industry in the hotel industry, to areas that have been especially hard-hit. the number one ask was extending the ppp and this legislation delivers on this. so it is great to see the $500 billion that we put to work in small business making its way into the economy and that you see it in these numbers bring

more people back to work. so not only did this save jobs, but we now see people coming back to work, and we look forward to working with congress on bipartisan issues to make sure we get every american back at work that was unfortunately laid off as a result of this virus. thank you. >> sandra: you been listening to the president and his economic team detailing steps they are going to take to continue to get americans back to work. the president taking a victory lap on the strong jobs report as he called it this morning showing that the unemployment rate did dip to 13.3%. that was not supposed to happen. in fact, it was forecast they would be a loss of jobs for the month of may and there was a gain of 2.5 million. the president saying it's a great day for america, a great day for our country. went on to say that we are going to return to having the greatest

economy in the world. and please stay tuned to fox news channel and this fox station for continuing coverage of this story. i am sandra smith along with my colleague ed henry in new york. i'm chris wallace is back with us now. you've been listening to every word of the president there. he went on to make a pretty bold prediction saying that things are going to get better fast. and that we are going to see the greatest comeback in american history when it comes to the economy rebounding from a complete shutdown. >> there were a lot of experts who have doubted that men have talked not about a v-shaped recovery, sharp down and sharp up, but i you were takes a longer at the bottom or l where it really stays low for a while, but i don't know anybody who is going to -- there certainly will be some. i think people will be a little more cautious about arguing

against the president because his optimism and a lot of people thought it was unfounded optimism looks more solid today. really has been a great day for the country. shows the resilience of the american economy, and it shows the political resilience of donald trump, and their polls haven't been looking particularly good, but he was talking today that in the middle of a reelection campaign obviously part of this is the economic affection and part of it is a guy who is trying to say put me on the job for another four years. at 830 this morning when those job numbers came out, that became a lot easier case to make that it was 24 hours ago. >> ed: to your point as you're speaking, the dow is up, not just because of this jobs report but talking about a payroll tax cut, more stimulus for this economy, but obviously as you been noting, have to be careful,

it's not the only barometer of how people are doing, still millions of people out of work, small businesses that have been failing, some still gasping for air, but i thought it was significant that the president getting into these news conferences in the rose garden and instead of the medical team this time, the economic team was behind him. no sign of any doctors. there's a pivot point going on at the white house. >> there was a lot of question in may when the president said it is time to reopen and he uses this phrase transition to greatness. a lot of people who wondered whether he was pushing the envelope including some of the medical people. in medical advisors wondering is it too soon to reopen, and we are not out of the woods yet. we don't know if that's going to be a spy, had these huge protests with tens of thousands of people without social distancing and without masks, going to have to wait and see if there's going to be a second wave, but at least the initial

indications are that people have been able to go back to work, millions of people have been able to go back to work. i thought the numbers from larry kudlow, 80% of small businesses have reopened and the number of cases on the number of deaths continue to go down. and so began the, we have a lot of bad news over the last six months or at least last four or five months, and we should celebrate the good news today, how long it will last. we have to wait and see, but it's a very good day today on the president has every reason to celebrate. >> sandra: some observations, obviously the president did not go want to take questions which many thought maybe he would and there's a little bit less social distancing going on in the rose garden, but he went on to sit down and sign that bill that extends the deadline for businesses to repay those emergency loans and that is obviously really important and also had a little teaser there that they would be seven news

over an announcement coming on help for restaurants. so taking that all in, him talking about the coronavirus, the vaccine, had a meeting yesterday, said some very positive developments are coming out of that, tremendous progress he talked about and to ed's point, you look at the dow and it is surging. went up all the way through the president stalking there from the rose garden up nearly thousand points. a lot of optimism building based on the report this morning and words from the president just now. >> it is interesting. there were a lot of small businesses that said that we need to extend that longer because some of them called it a bridge to nowhere extending these payroll protection plans but until mid-june and then there was a concern that businesses would be staying closed on those businesses were going to run out of government aid and still have to keep people on the payroll. now it appears a lot of these businesses are going to reopen

and they're going to have longer to pay it back, so all of these things are encouraging businesses to reopen. you can be sure the president will do everything he can to keep -- we still have 13.3% unemployment which is an unimaginably large number, but it is 2 million more jobs, the unemployment rate is down 1.5%, and the president is going to do everything he can to keep that momentum going and building and if we don't get another spike or a second wave of the virus, this could be a lot faster recovery. i know they were celebrating it today but i can tell you because i spoke to them, a lot of the economic advisors to the president who did not expect these numbers today, expected to have a tough may, so they are very pleasantly surprised and going to do everything to keep their optimism, they are surprise and obviously as you see in the stock market, the optimism and the surgeon the markets to continue, keep this momentum going as long as they

can. >> ed: the jobs report as well as that brand-new book from you so we will be watching that. >> sandra: thank you, chris. >> if you want commerce to continue, by that book. thank you, chris. see you sunday. >> ed: authorizing a broad range of subpoenas on the origins of the rush of pro what comes next? we will ask the committee chairman ron johnson coming up. >> there were times when extraordinary situations require action, whether or not we all agree, the conduct we know occurred during the transition concerned everyone, and absolutely warrants further investigation.

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>> ed: fox news alert now, the dow was up over 1,000 points, almost 4% in the green, 4% up almost because of that strong jobs report, some context, the dow reached an all-time high in february 12th that was over 29,000 points. you see now it's climbing over 27,000 points and remember that context march 9th, the dow was down 2014, 2014 points in one day on march 9th, had its worst month since october 2008. you can see now it is climbing, some optimism because of this jobs report the president was touting, going to watch it

throughout the day. >> sandra: senate republicans authorizing subpoenas in their investigation into the origin of the russia probe and potential wrongdoing by top obama administration officials. let's bring in ron johnson, chairman of the homeland security and governmental affairs committee, good morning, thank you so much for being here, breaking news morning. we want to be sure to get this in and find out where is the focus of these subpoenas in the investigation? >> first of all, i just have to comment spectacular news, such promising news that we actually have two and a half million people join the workforce again in may. i think the shutdown is definitely over, and really started recovering which is what we really need to do. so that's just spectacular news. at the same time, we do need to continue with their oversight responsibilities and we are just

admired throughout the country for having peaceful transitions from one administration to the next and unfortunately, looks like what happened in 2016 and 2017. we saw a real crush in that process and it began before the election when you had the dnc and the hillary clinton campaign pay for foreign fabricated opposition research, that dossier was then used to start investigations and corruptly apply for a phis application against carter page, we saw the unmasking this, we saw the defense debriefings used for investigative purposes, so much corruption of that process and that's what we need to get to the bottom of. we have to let the american people know what happened so it never happens again. >> sandra: ranking member on your committee gary peters obviously taking issue with this. here he is explaining why. >> the sudden shift to seek

authorization of 36 subpoenas without first voluntarily seeking compliance gives the appearance of a fishing expedition. i am also concerned by the timing of this investigation which did not become a priority until we entered into an election year. >> sandra: pointing out that it is an election year. how do you address his concerns? >> first of all, we've been investigating back to march 2015 to the clinton email scandal and it just continued all the way through quite honestly to today where we still don't have all the answers. the reason we are doing this now is finally getting the information. we have a special counsel in criminal investigations and impeachment, you just don't have access for congressional oversight so now we are going to get that information. as i've explained in the past,

only got a couple of people on my staff doing all these investigations going through thousands of pages. the vast majority of our staff's time is addressing covid-19 and the riots in the streets on homeland security but this is important information and i don't know what democrats are afraid to find out. there is nothing that happened, that's what an investigation will show and the american people need to know that but if there was wrongdoing that occurred, the american people need to understand what the truth is. >> sandra: entered dianne feinstein who sits on the judiciary committee who was also looking into all of this and here she is with her concern. >> this motion, and i'm sorry to say this, but i believe it, grants the chair unbridled authority to go after obama era officials. i can't support this kind of dragnet authority to conduct politically motivated investigations.

>> sandra: obviously, you can find so many of your democratic colleagues who are taking issue with the political nature of this is what they go want to explain, so how do you tell them what the end game is, where does this ultimately leave you, explain to the american people why this is a priority for you. >> because it is so important that when the american people speak when they elect a president at the previous administration helps to assume an enormous responsibility with cooperative attitude and with integrity. and it does not look like that's what happened in. really does appear that because according to those folks, the wrong person won, they began to sabotage this administration the day after the elections they need to understand what happen so it will never happen again. could happen to somebody that they support. this is not what america is. we're just trying to obtain the truth and it's amazing to me how democrats wanted every little detail about a phone call

between president trump and president zelensky of ukraine which resulted in the impeachment trial and yet, they want to close their eyes, close their ears to true corruption that we already know about. this is shocking what we found out in terms of the fbi, the alteration of an email to get a phis award, we have already seen the corruption and we need to find out exactly what happened. the american people deserve the full and complete truth. i do not know what the democrats are afraid of. why are they afraid of the tru truth? >> sandra: to confirm, is it your intention to release the findings in a report of your investigation before the november election? >> i want to be transparent throughout this process. but i don't want to do is call on people and have those interviews held up for months or years. i like to release those in days. there is any sensitive information, you might have to go through the declassification process. but previously i will continue to be completely transparent.

the american people find out as well what happened. >> sandra: always appreciate you coming on, thank you for being here. thank you, senator. >> ed: meantime, protests over the death of george floyd continuing today and into the weekend as the minneapolis city council is now set to vote on d funding its police department altogether. city council president lisa bender tweeting "yes, we are going to dismantle the minneapolis police department and replace it with a transformative new model of public safety. l.a. city council president looking at a similar move. david webb is the host of fox nation's reality check with david webb and a fox news contributor and radio talk show host. good morning. quite simply, what do you think these plans? >> if you want to have a real review, there are many good officers but also many problems. but what they are talking about

is this new social engineering idea, and it sounds clever politically, but what do you actually do if you defund or transform the police department once you have methods that have been established and effective that have improved over the years for americans so that we can actually have our communities protected. they failed, but now they want to blame the police for everything. that's not fair. >> ed: not just city council officials and cities across the country. joe biden, the likely presidential candidate nominee have a virtual town hall, asked him about defunding the police. here's what he said. i'll get you to react. >> i think it makes sense. some places, they are short on having enough people to cover. others the police department's have a lot more than they need and so we depends on the community. but it's all about treating people with dignity.

the act of protesting should never be allowed to overshadow the reasoning for the protests in the first place. >> ed: certainly right that all people should be treated with dignity. that is clear, and they should be, but the idea that the presumptive democratic nominee is saying there were some communities that have too many cops, your thoughts. >> joe biden has to play whatever drives the hard-core left base of the democrat party, and that's what he is doing so to him right now, he has to play the black lives matter. the community and the police are there. the police protect the community, not the rioters. that is not being challenged by reasonable american police officer or otherwise. but the problem is what happens when it gets violent. so this is politics were joe biden, but also, and this is

why her colleague and i had in this conversation is we wanted people to have a real conversation. >> ed: we will will be right back. we've been missing. maybe it'll help us see just how connected we all are. and maybe... just maybe, if we look at the big picture... it'll remind us just how amazing freedom really is. ♪ ♪ ♪ ♪ that's why usaa is giving payment relief options

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or if you've had tb, hepatitis b or c, or are prone to infections. don't let another morning go by without asking your doctor about xeljanz xr. >> sandra: a judge ruling there was enough evidence to support murder charges against three men accused of killing ahmaud arbery. a state investigator making a stunning revelation at yesterday's hearing who testified that one suspect referred to him with a racial slur after fatally shooting him. david lee miller is live in new york city with that for us. >> that state investigator says that on numerous occasions, at least one of ahmaud arbery's attackers used offensive racially charged language and that the day of the shooting was no exception. according to testimony, moments after he was hit by multiple blast from a shotgun, among the

last words he would hear was a racial epithet. was made after a six hour hearing after deciding there was a sufficient evidence to take the sunday trial. at each charged with murder say they chased after arbery who did not have a weapon because they believed he was a robbery suspect. the confrontation was reported by another man who has also been charged with murder, for the georgia bureau of investigation saying that brian told him he heard travis mcmichael using a racial slur as arbery was dying. >> stated that after the shooting took place before police arrival while he was on the ground, heard him make a statement. >> the prosecution says the evidence of contradicts claims of self can vent without

possibility of parole. >> sandra: live in new york city for us, thank you. >> ed: just the start of storm season and could we be seeing a lot of hurricanes? we will talk about it next. pocket costs. outf one call could save you $2000 a year. ♪ ♪ ♪

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>> ♪ >> ed: fox news alert. the dow at almost 1,000 points up today. big jobs report is something the president wanted to get out in the rose garden. >> sandra: it was interesting do hear the president compare the recovery to be know be a v-shape. it's a rocket ship he said and the trajectory is great. a heck of a rally. >> ed: millions out of work but

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>> ed: another remarkable week. have a great weekend. >> sandra: you never know. have a wonderful weekend. "outnumbered" starts right now. >> ♪ >> melissa: president trump calling it the greatest comeback in american history after the stunning jobs report shows the u.s. may be on the rebound from the coronavirus pandemic. american employers added a record 2.5 million jobs. most experts predicted 8 million jobs would be lost. the unemployment rate ticking down to 13.3%. markets loving the news.