you think bill hagerty? >> when you were in trump administration in 2020, president trump signed an emergency order that would have allowed california to address this gavin newsom, i can't believe he is still in office. gavin newsom decided to not abide by that but not to fill reservoirs but to help the smelt. gagavin newsom stay decided that is not important, it and i matter of priorities. the priorities in far left state of california are way out of alignment. my heart and prayers go to people in southern california, i have spoken to a number of my friends by found, this is devastating, this is made worse by the fact that politicians in california have made terrible choices, for prioritizing the environment, and the far left causes that really are way outside of t the -- bounds of reality. larry: it is the highest taxed state in union, the water and power services are darn bad, they have been rotting, they have not been improveed. you know paychecks after tax paychecks for working folks have been doing bad

take us out, senator hagerty. what's cook and what's the real story? >> the real story is that my colleague dan sullivan just mentioned great unity and both on capitol hill with the house and senate and we want to see our energy sector put back into business and our border secure and our economy take off again, larra. it's policies like a 15% corporate tax rate and put us back in a position of the economy being skyrocketed with all other economies in the world and more investment here and recall in the first tax cuts and jobs act the economy grew at any other rate of a major economy and tax revenues came in at 30% above what the cbo predicted and lower unemployment than we've seen and getting back to that place and make it happen. i agree with you as quickly as we possibly can and that's what the american public voted for and i'm looking forward to working with senator sullivan and all my colleagues to make that happen as quickly as possible. larry: gentlemen, happy new year and appreciate you coming on. senator hagerty and senator o'bryan, thank you.

maria: great to catch up we so appreciate your time senator bill hagerty joining us this morning.'ll be right back. stay with us. . >> . maria: welcome back take a look at futures we are one hour away from the opening bell for a monday, kicking off the first full week of the new year, for stocks, we are looking at a strong rally underway dow industrials up 170 nasdaq up 213, as we know the breaking news is that congress is trying to push tax cuts up in the agenda. stocks also rallying on reports, that trump is looking to scale back his tariff threat before he returns to white house in two weeks stocks so far this year had been higher even if fractionally in first couple days, dow industrials up half a percent s&p up 1% nasdaq already up 1 2/3% only january 6. joining me now laffer tengler chief investment officer nancy tengler thank you for being here say first couple days in january tell you how the rest of the overis doing do you buy into that first five days? i've got to get your take on agenda speaker with of the house mike johnson told me yesterday on "sunday morning futures"

hagerty. ms. hassan. mr. hawley. mr. heinrich. mr. hickenlooper. mr. rowe no. mr. hoeven. mrs. hyde smith. mr. johnson. mr. kaine. mr. kelly. mr. kennedy. mr. kim. mr. king cop. ms. klobuchar mr. lankford. mr. lee. mr. lujan. ms. alumnus. mr. markey. mr. marshall. mr. mcconnell. mr. mccormick. mr. merkley. mr. moran. mr. marino. mr. mullin. ms. murkowski. mr. murphy. mrs. murray. mr. ossoff. mr. padilla. mr. paul. mr. peters. mr. reed. mr. ricketts. mr. risch. mr. rosen. mr. rounds. mr. rubio. mr. sanders. mr. schatz. mr. schiff. mr. schmitt. mr. schumer. mr. scott of florida. mr. scott of souths. carolina. mrs. shaheen. mr. she he. miss slotkin. mrs. smith. mr. thune mr. tillis. mr. turberville. mr. vane. hollen. mr. vance. mr. warner. mr. warnock. ms. warren. mr. welch. mr. whitehouse. mr. wicker. mr. wyden. mr. young. >> a quorum is present. a quorum is a president present. how to preserve the leadership time is reserve the senate will be in the period of morning businesspe with the senators permitted to speak and they're in for up to 10 minutes each. the majority leader wil

exclusive interviews with tennessee senator bill hagerty incoming borders are tom hallman, mike waller and income intelligences by jury board devin nunes. that will do us fox business. have a great rest of the weekend. i will see you next time >> "barron's roundtable" sponsored by global x etf's. jack: welcome to "barron's roundtable" where we get behind the headlines and prepare you for the weekend. president-elect trump saber rattling to seize the panama canal and greenland, brought tears and cared about mexico. ian bremmer joins us live on that and more. first we begin with expert panel on three things investors think about right now. on the "barron's roundtable" ben levisohn, alyssa corum and al root. good to see you. jack: the market was meandering the weekend friday fell out of bed, what was going on. >> harder than expected december jobs report suspect investors. in unexpected pickup and payroll gains 256,000 in the unemployment rate fell to 1.4%, hotter than expected academy that means treasury yields already going crazy enough again after 4.77%, the tenure is significant becau

maria: bill hagerty joining us this morning.. >> if you hold border security hostage the get tax cuts, you're playing russian roulette with our national security. i'm saying that as we negotiate tax cuts, there are tax-cutting people, and i'm one of them, that a won't vote for border until they get all of their tax. i'm not a big fan of the s.a.l.t. deduction. i live in south carolina. why should people in south carolina subsidize california and new york? maria: and that's senate budget committee chairman lindsey graham with me here last weekend on why he's against lifting the state and local tax deduction cap of $10,000, otherwise known as s.a.l.t.. my next guest was among a handful of republican lawmakers who met with president trump at mar-a-lago yesterday about lifting that cap. joining me now with the details of that meeting is new york republican congressman mike lawler, an influential member of the house financial services committee who is still in palm beach right now. congressman, it's good to see you. thank you so much

exclusive interviews with tennessee senator bill hagerty incoming borders are tom hallman, mike wallerby jury board devin nunes. that will do us fox business. have a great rest of the weekend. i will see you next time >> "barron's roundtable" sponsored by global

exclusive interviews with tennessee senator bill hagerty incoming borders are tom hallman, mike wallerences by jury board devin nunes. that will do us fox business. have a great rest of the weekend. i will see you next time >> "barron's roundtable" sponsored by global x etf's. jack: welcome to "barron's roundtable" where we get behind the headlines and prepare you for the weekend. president-elect trump saber rattling to seize the panama canal and greenland,roht

i noticed with great pleasure in the last 48 hours that senator kennedy, louisiana and senator hagerty from tennessee took secretary on to task for shortening the u.s. debt maturity which eased financial conditions. people talk about criticizing the fed, i think the treasury has taken over the fed. as the former fed chair, she knew how to do it. i think there is a chance that you can get into a good reflexive cycle on debt cost, because i think it has been imprudent to finance at the front end. cost. i think it's been proven and it's driven by high deficit see it in this will. more than the defense budget. he has privatized himself but they are a national defense. during a conflict. when the cold crisis of the war crude and the economic. and that there are no interest rates increased this year. president trump with the right policy could create a self reinforcing cycle on the downside. the entitlements are massive walk our way under control. protecting the american industry. and that is the source of revenue. and biden announced his own. other it's. it amounts on the council and the cu

i noticed with great pleasure in the last 48 hours that senator kennedy, louisiana and senator hagerty from tennessee took secretary on to task for shortening the u.s. debt maturity which eased financial conditions. people talk about criticizing the fed, i think the treasury has taken over the fed. as the former fed chair, she knew how to do it. i think there is a chance that you can get into a good reflexive cycle on debt cost, because i think it has been imprudent to finance at the front end. every emerging market blowup starts the same way. you end up with an asset bubble -- sound familiar? it is driven by high deficits. high deficits in an election year finance the shortened. i call it the 3 body problem. you see it in turkey. you see it in argentina. you see it in venezuela. this year, interest on the debt is going to be $1.1 trillion. reihan: more than the defense budget. scott: more than the defense budget. i have an article coming out in the next few weeks. i was writing congressman mike gallagher, but he has gone to the private sector. he has privatized himself. i am a big fan

. >> sunday morning future tennessee senator bill hagerty said he wants to hold hearings about what wents in los angeles in the state of california accountable. >> we can see is a failure of policy the failure of leadership in california that is been egregious whether it's gavin newsom prioritizing some obscure fish over his citizens or whether a leader like the mayor who prioritizes di initiatives over the readiness of first responders, it is absolute pathetic what is happen there. >> president biden spoke to israeli prime minister about a potential cease-fire and hostage deal to get dozens of hostages released in gaza that have been held for over year including some americans before the inaugural inauguration of president-elect donald trump. jon: that will be good news that they could get those hostages released. lucas thompson at the white house, lucas thank you. lots of people in desperate need of help the destruction will likely expand with a fierce santa ana winds returning over the next couple of days in southern california. join fox's support of families impacted by the californi

. >> "sunday morning futures" tennessee senator bill hagerty was critical of officials in los angeles and in california including governor gavin newsom pretty said he was to hold hearings to find out what went wrong with this response. >> we can see is a failure of a policy and leadership in california that's been egregious. whether it's gavin newsom prioritizing some obscure fish over his citizens, whether it's a leader like karen bass that mayor there who prioritizes di initiatives over first responders. >> president biden also spoke to israeli prime minister according to the white house could be coming about the release of some of the hostages in gaza that we wait to hear more from that. jd vance hinted on "fox news sunday" that announcement could be coming before the inauguration. arthel? arthel: that will be wonderful news. thank you so much lucas tomlinson for that update. you can join a fox and supporting families impacted by the california wildfires. scan the qr code on your screen. or visit your donations and it was a red cross to respond and help people recover from this dis

. >> tennessee senate bill hagerty appeared this morning on "sunday morning futures." >> we can see is the failure of a policy they are the failure of leadership in california that's been egregious. whether it's gavin newsom prioritizing an obscure fish of our citizens or a leader like karen bass, the mayor there who prioritizes di initiatives of the readiness of first responders. it's absolutely pathetic what is happened there. >> is that it went on to say wants to hold hearings here on capitol hill to get to the bottom of not just the response but preparations which many people not only in los angeles and elsewhere throughout the country thanks were inadequate and dealing with this fire. seaport lucas, disasterassistance.gov is the website. lucas tomlinson is at the white house thank you. arthel: because it meanwhile you've got so many people who need to help in the destruction will likely expand at the fiercest desert winds returning the next two days. please do join fox support of families impacted by the california wildfires you can of course scan the qr code on your screen or vis

senator bill hagerty from tennessee said this. >> at this point we still don't know the full extent oftime. what we can see is the failure of policy there and the failure of leadership in california that has been egregious. it is pathetic what has happened there. we have to have real accountability. hearings to understand and get to the bottom of what has taken place, what the failures have been. those failures. >> bill: colleagues fox news contributor steve hilton lives in california and today lay out a plan to speed the recovery and rebuilding. before i ask you specifically about that, the governor gavin newsom was asked about the response and said this. >> governor of the largest state in the country and what happens in l.a. isn't always going to come across your desk but you are ultimately responsible as the governor of california. >> i want to know the answers i have that question. i can't tell what happened. my own team is saying what happened. i want to get the answers. i want to get straight answers. >> bill: steve, give us some answers. how did everything go so terribly wrong?

the cancel california caucus has grown to include tennessee senator bill hagerty, who is demanding policysso, who wants strings attached. wisconsin senator ron johnson, who wants dramatic changes. and house republicans from texas and ohio who want the same. here's what's interesting. did you know that a lot of their states take more money from the federal government than they put in? senator tuberville's constituents get more than $2 for every dollar they pay in federal taxes. the people of louisiana get a little under $2 for every dollar they contribute. tennessee gets almost $1.50 for every dollar they give, and wisconsin is a little under $1.50. do you know where they are picking up that extra cash? california, which gets $0.90 back for every dollar they put up. but tell us more about how california, whose citizens pay to keep red states afloat, shouldn't get its money back. up next, guess who's back. up next, guess who's skipping trump's when i was diagnosed with h-i-v, i didn't know who i would be. but here i am... ...being me. keep being you... ...and ask your healthcare provider ab

this from senator bill hagerty. this entire lawfare case was a political campaign sham designed only to brand president trump as a felon. the judge didn't even impose a punishment. what a pathetic waste of taxpayer resources that should have been used on the real crimes against new yorkers. congresswoman jasmine crockett, there are two tiered systems of justice in this country, and donald trump lives on the tier where he gets to walk into the white house without spending a single day in jail or being put on probation after being convicted of 34 felonies. one more, this from senator lindsey graham. the new york justice system is beyond anti-trump. the new york attorney general and manhattan district attorney see president trump as a political prize. they have singled out president trump for prosecution for offenses that either never existed before or were cobbled. that is part of his tweet. back to your phone calls. rob in louisiana on the line for independents. caller: can you hear me? host: yes, go ahead. caller: -

hagerty. ms. hassan. mr. hawley. mr. heinrich. mr. hickenlooper. ms. hirono. mr. hoeven. every time i went to church with him was packed. started before sunrise and i was thankful that it got to walk in with my grandmother. esses we sat down, sunday school would start. my grandpa always been asking if he wanted into his church before. my grandma and i raise our hands. and then my grandfather would pull the congregation and we quickly found out that the church was full of people from all over the country to alter the backgrounds and beliefs. my grandfather address the most diverse sunday school class ever assembled, again. before he would deliver his bible lesson, my grandpa talked about his week, and election he would talk about. if you stop the conflict, he talked about it. if he eliminated disease from a village or a country, he would talk about it. when my brother jeremy died, he announced the news at sunday school. in fact, i i remember my brotr died on a sunday because only time my grandfather was late to teach. my grandfather won the nobel peace prize. the sunday sc

this from senator bill hagerty. this entire lawfare case was a political campaign sham designed only to brand president trump as a felon. the judge didn't even impose a punishment. what a pathetic waste of taxpayer resources that should have been used on the real crimes against new yorkers. congresswoman jasmine crockett, there are two tiered systems of justice in this country, and donald trump lives on the tier where he gets to walk into the white house without spending a single day in jail or being put on probation after being convicted of 34 felonies. one more, this from senator lindsey graham. the new york justice system is beyond anti-trump. the new york attorney general and manhattan district attorney see president trump as a political prize. they have singled out president trump for prosecution for offenses that either never existed before or were cobbled. that is part of his tweet. back to your phone calls. rob in louisiana on the line for independents. caller: can you hear me? host: yes, go ahead. caller: -