rob: brian brenberg says it all depends on the next round of stimulus. he joins us live.illian: good monday morning. welcome back. the president sparring with our own chris wallace over his response to the pandemic. the president addressing a number of issues in the exclusive interview, as cases rise nationwide. rob: this was a great interview all along. it was a long one too. todd piro joins us now as democratic officials slam federal leadership. >> reporter: good morning. it was a heated exchange, one of many like you said, rob, in the sit-down. the president battling chris wallace on several topics including the country's mortality rate. >> i think we have one of the lowest mortality rates. >> that's not true. we had 900 deaths in a single day. >> we will take a look. >> this week. >> ready? can you get me the mortality rate. kaley's right here. >> [ indiscernible ] >> number one low mortality rate. >> reporter: the president speaking on the surging covid-19 case numbers saying they are largely in part because of increased testing. this comes as florida reports at leas

maria: brian brenberg, jump in. and obviously we're seeing this trend toward cocktails to go from on-premise services. that leaves your liquor stores -- i wonder, they've seen good sales but over time does that particular channel gette get d as you see the take-home cocktails and online growth and how do you manage that because that's a key source of revenue for you and your competitors? >> brian, good morning. i think we're seeing incremental sources of revenue, to be honest, particularly the digital commerce space. it was an underpenetrated industry, spirit sales online. we're seeing a lot of people buying spirits online and a lot of the platforms are emerging, whether that be instacart, et cetera, are just creating a frictionless experience for consumers. i'm not seeing that as a threat going forward. rather, an opportunity. maria: so iowa is the first state to legalize to-go cocktails, tony. you said consumers are looking for convenience and portability. is this the future of the alcohol industry, to-go? >> agai

contributor and chair of the program and business and finance at king's college here in manhattan, brian brenbergit shouldn't surprise anybody. for the most part during my entire life democrats have tried to raise taxes and republicans have tried to lower taxes. joe biden? typical democrat according to some. >>brian? >> yeah, that's right. look, it may be typical for joe biden but we are not in typical circumstances right now. we are talking about unemployment in double digits you have millions of americans trying to climb back out of this pandemic and induce economic slowdown and a presidential candidate talking about $4 trillion in tax hikes. this is clearly a plan that the ideological left loves and it's clear that joe biden is playing to them right now it's going to effect everybody. slow this economy down. hurting job opportunities. that's going to hit the middle class. this isn't just a hit on the rich. it's a hit on the middle class. brian: in what way? because we know about the corporate tax. and they -- people simplistically say the corporate tax that saves money for goldman sachs and sa

joining the conversation this morning, dagen mcdowell, kelly torrance and brian brenberg.s great to see everybody this morning. dagen: great to see you. finally, kelly, where were you? >> my power went out. maria: welcome, kelly. dagen: i'm just kidding. >> my power's back. maria: the covid-19 pandemic no match for amazon, the company posted a record second quarter profit of $5.2 billion on a 40% jump in revenue from a year earlier. revenue coming in at $89 billion at amazon. apple reporting blow-out results as well. higher revenue in all of the product categories, iphone sales up to more than $26 billion. apple also announced a four for one stock split. dan ives said apple delivered a picasso like performance. alphabet posted better than expected results and revenue as well. apple is on track to add 160 points to the dow industrials at the opening bell. as you can see, the stocks are higher, although there was disappointment in alphabet numbers, the stock is down one-half of 1%. the others up 6% apiece. president trump responding to backlash after suggesting the election

joining me now for more on this fox news contributor from kings college in manhattan, brian brenberg.esident trump is plowing billions of dollars. he is trying to get vaccine first. he wants to be able to distribute it to americans and today's bill i'm reading where they're asking for 16 billion more for the testing stuff and the vaccine. another 3 1/2 billion dollars for cdc. more money for stockpiling. can there be a cap on how much the government shells out for this project where we may drill a few dry holes? >> well-you're going to drill some dry holes, no question about it. this is a huge strategic issue. you think about what is going on in the world right now. you think about the analogy of energy independence and what it meant for the united states to be more energy independent. i think we're going for the same thing here with pharmaceuticals. that is going to matter for decades. i'm heartened the president is focused on this. there is sort of a limit what the government can do here. at the end of the day if we want robust private industry, become dominant in production of phar

dramatic stuff from brian brenberg this morning. what did you have for breakfast? al soon. thanks. >>> next, going to put some stores up on your screen. okay, retail stores. they are running out of change. okay. people are going out but they're not using cash. the u.s. mint is asking for help to get more coins back into people's hands. ed moye is with us, former director of the u.s. mint. ed, let me go straight at this. what do we need pocket change for any longer? hardly any of us actually uses cash anymore. >> well, you and i probably don't use much cash these days, but there is a significant number in the population that is unbanked or lower income, where cash is king. and they need cash to survive because they don't have credit cards, they don't have bank accounts. so change is really important to that segment of the population. stuart: do you think it's worth getting rid of the penny and the nickel, perhaps? >> you know, there are a lot of countries that have gotten rid of that in a larger context called currency reform, where they get rid of their lowest denom

brian brenberg, as always, great stuff. thanks for joining us. an issue we were talking about earlier. new york city slashing $1 billion from the nypd budget but democrat socialist and new york congresswoman alexandria ocasio-cortez says still not enough. david asman just mentioned that minutes ago. david, what's the end game here? how can we take $1 billion from the budget of a police department that's already overworked? david: while new york crime is skyrocketing as a result of the lack of support from the mayor's office for police over the past couple of years. i mean, this is a long-standing problem and it's going to get worse before it gets better, i'm afraid. we see the reaction to not supporting the police in terms of the rise in crime. everybody here who has been through all of the ups and downs of new york knew this was going to happen because we have been here before. we have seen this before. look, you are looking right now at a mob, right now. a mob is trying to take over the views of the new york people in general. this is a democra

let's bring in brian brenberg, the kings college prof. market is not selling off? investors are doing at the homework. they look at the numbers, they are not perhaps as nervous as others? >> there is this expectation out there, ashley, investors are supposed to be panicking now because case counts are going up. the situation is much more complex. panic i don't think is the right response. investors are looking at all the detail. they're looking at case counts. looking at the fact younger people are getting this more and more. that makes a difference how the hospitalizations play out, what the mortality rate is. it is appropriate for investors, frankly appropriate for everybody to be paying attention to the whole picture because overreaction has its costs. we've seen that. frankly i just don't think the american public, i don't think american businesses are willing to go through anything that looks like an overreaction because it is so devastates on local communities. ashley: i think the economic data we've seen is pointing to a stronger e

i want to bring in kings college professor, brian brenberg. don't think congress has a lot of time to dither on this. what should this package look like that is something reasonable to pass that will keep the rebound going? >> congress doesn't have a lot of time to dither, charles, the problem they are so far apart. democrats in the house and republicans in the senate are thinking about two very different things right now. the key here, the key has been for months, what do you do to help people get back to work. the centerpiece of anything we do from here has to be that and it's got to start by addressing the elephant in the room, that is the bonus we're paying people to tea home. if you talk to businesses, i don't care if you're talking to small businesses or large businesses, medium-sized businesses they're all saying the same thing right now. you can't get workers back on the job. it is a reality on main street. it's a reality in people's lives. that has to be the center piece of this bill. we've got to find policy that get people back on t

jedediah: brian brenberg providing great economic insight. d on foxnews.com. it's a great read. you should check it out. still ahead, a single mom out of a job, don't united states her lottery winnings to an officer shot in the line of duty. now that police department is rallying to support her. the incredible story of paying it forward coming up next. ♪ ♪ ♪ so they can keep more cash in your pockets for when it matters most find out more at usaa.com pete: welcome back with just $7 in her account. sims bought a scratch off lottery ticket and won $100. instead of keeping the money for herself. she donated the winnings to a kansas city police officer who was shot in the line of duty after her daughter suggested they do so. now the police are paying it forward. starting a go fund me account that has already raised nearly $120,000. she joins me now along with her daughter rakia, i'm sorry if i didn't pronounce it correctly and sergeant here as well from the kansas city police department. thank you some for being here this morning. let me start wit

joining the conversation, brian brenberg, lee carter and joseph pinion.od morning. >> great to see you. maria: some of the top stories we're watching right now, johns hopkins university reporting over 77,000 new cases yesterday, 10,000 higher than the previous high. 969 deaths were also reported. florida, south carolina and texas all reporting their biggest one day spike yesterday alone. dr. anthony fauci warning that cases could soon top 100,000 a day if americans do not take the necessary steps to stop and slow this virus. more retailers joining the growing list of stores that are requiring shoppers to wear masks. cvs and walgreens will begin their mask mandate this coming monday. target's requirements will start august 1st and exclude those with underlying medical conditions as well as young children. new york governor andrew cuomo playing hard ball with bars and restaurants violating coronavirus protocols in new york city. watch. >> we're going to enact the three strikes and you're closed. any establishment that receives three violations will be close

contributor and chair of the program in business and finance at the kings college in manhattan, brian brenbergch for joining us. the president makes a poignant -- he makes a great point here, i think, that joe biden, who was elected in 1972, is now saying he wants to totally transform america. that's going got to scare the market, doesn't it. >> it does, yeah. that's exactly what he is saying. this is not a moderate plan. this is not a moderate joe biden. somehow he has been able to hang on to that label. in fact, this is a green energy plan written by bernie sanders. bernie sanders himself said that if joe biden actually implements this he will be the most progressive politician in our lifetime. so, let's be clear, the president is using strong language but he is not overstating it. this plan does not tinker around the margins. it's meant to change the way you live. the car you drive. the house you live, in the products you consume, the way that you get around, everything, it's $2 trillion in four years. a massive increase over what biden was talking about just a few months ago. jason: yeah,

brian brenberg is with us from the kings college in manhattan.ying about a gap year, whether to take it or not. frankly i find that utterly irrelevant to this particular situation. i'm interested in talking about online classes. what's the point of going to college, staying at home and doing it on your computer? i just don't see the point frankly. i don't. >> well, you don't and a lot of students and parents don't see it either, stuart. they're right to think that. this is a moment where you should be thinking about a gap year. i'm with you on that fed study. i don't buy it for a second because some of the best students i have had in college are the ones who have taken a gap year. they've got that maturity. they've been out in the world and learned something. i love it if you can find a good experience but right now we are in that moment where a lot of schools are having to fight for the opportunity to be in person. the kings college in new york city is fighting for the opportunity to do on-campus education and we are working as hard as we can to

stuart: let's see if my friend and colleague brian brenberg, he's an economist from the kings college with me about tesla and musk, the all-american story. can't do this anyplace else in the world. multiple billionaire, et cetera, et cetera. it's an amazing story, isn't it? >> stuart, you gave a pretty good movie trailer right there. it's appropriate for musk because he's really somebody out of a marvel comic. i think that's why he's become something of a hero to younger generations, especially. he embodies sort of the mood of our moment, the tech genius who makes a fortune and says he's going to put it all on the table to build companies to save our planet from environmental catastrophe. it is right out of the movies and that's what he's doing. that's why so many of my college students can't get enough of him. every other presentation i'm hearing from a student is about elon musk, it's about tesla, about spacex, about solar energy. their imagination is captured by this guy and apparently he's captured the imagination of investors as well because they have pumped the value of this com

professor brian brenberg is on deck.e joining us coming up. ♪ ♪ given my unique lifestyle, that'd be perfect! let me grab a pen and some paper. know what? i'm gonna switch now. just need my desk... my chair... and my phone. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ 100% online car buying. carvana's had a lot of firsts. car vending machines. and now, putting you in control of your financing. at carvana, get personalized terms, browse for cars that fit your budget, then customize your down payment and monthly payment. and these aren't made-up numbers. it's what you'll really pay, right down to the penny. whether you're shopping or just looking. it only takes a few seconds, and it won't affect your credit score. finally! a totally different way to finance your ride. only from carvana. the new way to buy a car. some companies still have hr stuck between employeesentering data.a. changing data. more and more sensitive, personal data. and it doesn't just drag hr down. it drags the entire business down