>> on the morning of saturday, september the 9th, rangers jeter and holland went knocking on steven mcdowell'soor not sure what they'd find. but to jeter's surprise, mcdowell answered the door. >> he said, "i'm ready to talk." >> at 12:45 p.m. he was back in the chair and made good on his promise to talk. mcdowell said he knew crystal had a long string of affairs. >> you confronted her at different times about those affairs. >> yes. i confronted her. she told me it was none of my business. she that's i'm not dominant enough in the bedroom is what she says. >> pretending to be sympathetic, ranger holland slowly teased out the details of crystal's death. it was slow and brutal. >> were you fighting when that happened? >> yeah. >> is that when she told you she didn't live anymore? did you snap? >> yeah. >> did you mean to service indicate her? >> no. -- suffocate her? i? >> no. >> it just happened? >> i love her. >> how did you suffocate her? squeezed her -- >> okay. like a choke hold or something? did she say anything when that was going on? did she fight? >> she was scared. >> how did you event

chief investment officer, steven, along with dagen mcdowell and mark tepper and kristen soltis andersonsteven, let me kick it off with you, your reaction in the federal reserve? >> probably positive, maria. we agree with them that it's a u-shaped recovery and that's why we have been scaling back on equities, we are still overweight because we thinks 11, 24 months from now the markets will be substantially higher. we've come a long way fast. there's a lot of chopping of wood ahead here, the process has created destruction that's not going to make a perfect recovery but netanyahu we are moving forward. i like the fact that the fed remains vigilant. it's like when we invest in companies, i like management teams that are worried. i would rather have one that's worried than overly optimistic. maria: it was no surprise that interest rates will stay low for a couple of years, we were talking about 2023 on this program which is what cornerstone macro has been saying. are there negative impacts from rates where they are right now? is that something that markets are unnerved by? >> i don't think,

steven seahouse and back with me dagen mcdowell, ryan payne and kelly torrance. good to have you back this morning. how significant is the news on remdesivir? when would you expect it to get approved by the fda? >> it's very significant. it's basically the first large successful clinical trial certainly u.s.-based that we've had for covid-19. i think emergency use authorization specifically could happen very soon, within days. that's not a traditional fda approval. that pathway would take a little longer and the standard's a little bit higher and i'm actually not sure the level of evidence we have right now for remdesivir would meet that standard. it may. it may not. there are more clinical trials underway that we'll get data for in may as well. i think something could happen very quickly with respect to emergency use authorization. that's exciting, because it gives us something to use in hospitalized patients with covid. but full fda approval i think it's a little too premature to discuss, given the fact that results frankly have been mixed. the naiid study was

joining the conversation former minnesota federal prosecutor and law firm partner steven, also with us fox business dagen mcdowellrepublican strategist opinion enterprise joseph opinion and mike huckabee, great to see everybody this morning. steven, let me kick this off with you, give us your reaction of what's taking place all weekend? >> obviously it's been heartbreaking the aftermath of the death of george floyd in my community and having to -- including having my children watch this on tv. it's just absolutely heartbreaking and we've all been flued to the tv, everybody is anxious and it's just terrible. maria: what are the repercussions, are you expecting further charges? >> so right now the defendant mr. chauvin is charged with two felony counts, third-degree murder and second-degree manslaughter. keith ellison, attorney general has taken over the case. he's not locked into those charges, he could amend the charges if he chose to do that, to anything up to first degree homicide without going to a grand jury, by simply amending the complaint. in this case, the legal theory is a fairly simple and straightforwa

steven auf. also joining is dagen mcdowell, cabot phillips and francis newton stacy. eat to see everybody this morning. thank you for being here. steven, let's kick it off with you. is earnings the focus or something else? what's driving markets this morning and over the near term? >> yeah, i mean, near term it's going to be pretty choppy, maria, as i've been saying. we're not seeing a sharp recovery on the industrial financials, the value side of the market. most of the earnings are coming out and people are a little disappointed, i think. on the other hand, it's not falling apart either and everyone is looking forward to when we get through this crisis. we know that stocks are going to be worth a lot more, that's the challenge for investors right now, on a two to three year view, stocks are going a lot higher, pretty clearly. the problem is, in the near term, we've got a lot of chop. the growth side of the market has already had a great run and the stocks have to grow into the prices. so i think we're kind of just chopping wood and then we've got to get through the e

chief investment officer steven along with fox business dagen mcdowell, michael lee and strategies michael lee and campusreform.org editor in chief cabid phillips. coronavirus dominating investing today. how do you feel about reopening and whether or not we will see growth in terms of investment? [inaudible] >> bullish and still r. we have scaled lack a little bit and we are still -- it's going to be a little bit rocky. a lot of downside in the equity ies still too. maria: and we do get more economic data next week as well as more first-quarter earnings, they have been fixed dagen mcdowell, your take on where we are this morning. dagen: i think i'm paying attention to the cash crunch that's happening in particular retail and other industries across the country. i know that gap has said that it has burned through half of its cash on hand and it's going to need to raise money to fund operations for this year and one after another it's reported potential bankruptcy filings from even a nieman marcus and then we talked about lord&taylor and jcpenney, we are looking at jobs that will be destroye

steven is here. also joining us this morning fox business dagen mcdowell, strategic partner president mark tepper and new york post editorial member kelly torrence. steve, your reaction, new charges, second-degree murder from the main officer derek chauvin. thank you, these are serious charges. 40-year statutory max, significant penalty. the other officers face same statutory maximum penalty. the upgraded charge is a felony murder theory and so he's not being with intentionally killing george floyd, but he's being charged with is committing another felony that is third-degree assault and as a result causing george floyd's death. the other officers under abet ting and helping and in doing so bringing george floyd's death. dagen: steven, what about federal charges here? in the past, the federal government, the department of justice has not brought charges. there's a higher bar, higher standard for federal charges. you can have both state criminal charges and federal because you have to meet the standard of was an individual who was murdered, were constitutional rights violated seeing the case of eric g

steven, thank you for joining us this morning, really appreciate your insights this morning, from raymond james dagen mcdowell continue to discuss, the with regulatory authorities this growing data set >> one of the press releases he was talking about is in relation to the national institutes of health study. this is one of several studies that gilead is involved with with remdesivir. again, an antiviral that was developed or that they originally were trying to use to treat ebola but now there are a number of different trials that are going on. this is critical to us recovering as a nation, even financially and economically from this pandemic, and from these shutdowns. we don't need to wait for a vaccine if there is a therapy, a treatment that can prevent people from dying from this virus, and this is one of the most critical drugs that is being studied. maria: joining the conversation now is infectious disease expert, johns hopkins center for health security senior scholar, dr. amesh adalja. your reaction to what we are learning this morning on remdesivir from gilead? >> i think this is very good news and ev

steven mnuchin speaking by phone with lou ha. the kospi in korea was up one and two thirds percent. joining the conversation, dagen mcdowelld matmatt schlapp. the top stories this morning, some of the biggest names in the republican party making the case for president trump last night as the pro-america candidate on night one of the rnc. many of the opening speeches took place at the andrew melon auditorium in washington, d.c., unlike the dnc that was mostly virtual. the gop formally renominating president trump and vice president pence with an in-person roll call in charlotte, north carolina. allowing six delegates from each state. >> four more years! >> i want to thank you from the bottom of my heart. you're incredible warriors. you have incredible strength. we have to win. this is the most important election in the history of our country. our country is counting object . maria: president trump will officially accept the nomination on thursday. tonight's theme, land of opportunity with first lady melania trump, secretary of state mike pompeo and eric and tiffany trump set to speak at tonight's events. picking up strength

treasury secretary steven mnuchin who will be come up in about an hour, what kind of stimulus will the next relief package look like and will it mean money for states. dagen mcdowella lot of time in miami. what's your take in terms of the phase three opening which starts today. dagen: right. the areas that will not be part of this phase one reopening are the most densely populated areas, and one of the most critical things for florida in general will be to stem an increase in the coronavirus cases, is to make sure that tourists don't come back, at least initially. and the state does deserve a lot of credit for the way that this was handled, a lot of second-guessing going on in the way that governor de santis was originally handling it. let's remind people that the nursing homes down there that visitation was restricted march 11th. visitation was completely cut off march 15th. march 15th is when the restaurants and bars were closing in new york. new york city didn't even shut down all businesses until one week after that. so we've talked repeatedly about protecting the people most vulnerable to this virus and that is older americans. our elderly population. florida

mcdowell ubs financial advisor is here and michael lee strategy michael lee thanks everybody for being here. really important headline this is morning. dagen when i heard 20% unemployment possible from steven mnuchin, you stop and take notice. >> you do. i brought this up on this program yesterday that the message is if this government, if congress, the white house, the treasury department and federal reserve cannot coming together immediately and deliver relief to businesses that have no cash flow, that have no revenue, to individuals who are out of work lost their jobs have no income we're highly leverage society on koarpt and individual side and if you don't do something we're going to turn a deep recession into a long-term financial crisis that looks like the great depression. and indeed it the unemployment rate hit more than 22% during the depression that's what we're looking at, an by the way, it is also a scare tactic from playbook during the 2008 financial crisis. but nonetheless, everybody they need to get up, move on, and do something. >> yeah. i mean nobody wants that on their record. it was on my watch that we saw 20% unemployment mike lee, and that's one of the issues here. yo

steven mnuchin has been at the hill back and forth. he was there late last night telling reporters that he's hopeful that a deal could be closed out today. joining the conversation fox business dagen mcdowell in new york along with republican strategist and founder joseph pinyong, former presidential candidate himself steve forbes as well. good to see everybody this morning. >> good to be with you. maria: it was just outstand to go me, dagen, when i looked at the list of things that nancy pelosi and chuck schumer wanted to put in this senate bill. absolutely nothing to do with coronavirus. i'm talking about solar tax credits and initially it was abortion funding. we are talking about a cap on ceo salaries. we are talking about collective bargaining for unions. it's absolutely incredible. it doesn't feel like an emergency to democratic senators right now. dagen: this is nancy pelosi on the house side invialing 2 and - unveiling 2 and a half there dollars proposal, and in this plan $35 million for kennedy center, section that canceled several executive orders and presidential memorandums that presidents don't like because it weakens unions. i can go through some of the items. nancy pelosi ne