tv Maria Bartiromos Wall Street FOX Business June 21, 2025 10:00am-10:30am EDT
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easy in, easy out. hold it with perfection. easy. clean. easy. glide. shaving. just got fun. skull. the time saver. 90s. and you're done. kudlow on fox business i have enormous faith in america. this country holds the best path to prosperity and free market capitalism is worth fighting for. larry's keeping an eye on washington. kudlow on
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affairs committee. congressman darrell issa, congressman, thanks so much for joining us this weekend. you've got congress at odds and antiwar protests flaring up around the country, including in your own state of california. what do you think about this two week t involved if irani think americn that. we've provided thee technolo technologygy to know where andw the missiles were coming from and the nuclear site. israel has been a strong partner for a long time, the first question the strong one which is
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why isn't anyone questioning the president trying to give diplomacy a chance and also giving israel a opportunity if necessary to continue reducing the ability for the deadly missiles to reno not just on israel but they close the red sea and made it impossible for the suez canal to be used for almost two years. all of that is a good reason for the president to negotiate a conclusion in the best interest of the world. if it takes a few days he is willing to do it because he understands peace through strength. maria: there is a debate even within the republican party about how deeply go here on what capability iran has with their nuclear and. >> the nuclear ambitions have been going on since 1980 and
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clearly they have a tremendous amount of technology fissile material, whether or not they can weaponize before the attacks began as one question. today what we know the word building machinery has been seriously reduced similar to the situation we saw with hezbollah and the south of lebanon, they are not and if we don't let them be able to reconstitute the kind of proxy wars and terror that they have been supporting even their support for the russians in ukraine now will be reduced. thus the peacefulness that we want to make sure we don't just have that we preserve. maria: a great point in terms of russia and ukraine. what about china raising his hand to be the quote unquote middle east moderator. china's ambassador posted this china stands ready to continue enhancing communication and coordination with all parties
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and pool their efforts and uphold justice and play a constructive role in restoring peace in the middle east this coming a fleet of mysterious chinese cargo jet have been landing in iran and we have no idea what is on board of the jets, what do you think is on the planes and what is your reaction to china volunteering a peacemaker. >> clearly nothing good will come in on the aircraft, nothing we want to have leave iran is going to be on them they would say. let's be honest it's pretty nefarious is the kind of interference that china is good for. the one thing about president trump leadership he kept the communications open with china even while were in a trade war, it does mean if they can be used the president will be in a position to use them. if they can't be he's in a position to tell them to stand
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back. maria: i wonder how much support china is giving iran because china has been undermining the united states at every turn. >> absolutely, that is the reason the likelihood that the president will communicate to china knock off the flights were not have the quantity of very dangerous material coming into iran. israel was in a position to shoot down aircraft they use restraint, they can be expected to use restraint forever if they continue coming. >> let me move on to the business at hand in congress away from this, one week away from the deadline for the senate to pass president trump's big beautiful bill of contentious debate over state and local tax deductions threatening to stall at all for some gop congressman like mike lawler from new york standing firm demanded that the
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senate keep the house limit and place on salt. watch. >> are you really going to vote no, you're going to book the president's agenda. i've been very clear i would never vote to tax the past but this is not adequately lift the cap on salt. when people talk about we are subsidizing bad blue states. the reality over the past seven years that 29 states blue through $10000 cap so to reverse this back to 10000 is absolutely absurd and nobody would ever support them. maria: if it comes back to the house and the senate agrees is not 40000 but is 30000, will you agree. maria: you will agree to 30000, about 20000. >> definitely not. >> and republicans come to an agreement to get this on the desk to the end of july. >> absolutely believe that we will, the important thing is some of the nuance of what mike
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said are important although he was pushing back hard, he is negotiating with the same vigor that president trump is known for. originally 30% was very effective agreed to he pushed it to 40 and he got that, they did with the senate does which is pork it up and cut down from 40 - 10. getting back to 30, i think it's a reasonable goal making sure the cost of living or some other items would doesn't degrade over the years could be put into it. working to get to yes because the american people house and senate representatives know that allowing the taxes to go back up the largest tax increase in american history by doing nothing simply is out of the question. >> i spoke with ron johnson and the senator said to me he said is more likely to expect the
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bill to pass right before the august recess. would that fly? would that be okay given the x date and when the government runs out of money you have to raise the debt ceiling or is that too close for comfort. >> it is a bad choice if we have to do that because we have an opportunity to do the bill and to do a new budget and another round of reconciliation if we get it done before the fiscal year begins. maria: it's great to see you, thank you so much. >> thank you have a good rest of the weekend. congressman darrell issa, the federal reserve in action fuels backlash against jay powell and president trump script those are david sachs shearing a huge move by the senate and what he told we've always been competitive. ♪ yeah...one of us always had to be first. - first! - first! [kids bickering] [kids bickering] hold on, guys!
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president trump lehman jay powell sainted costing hundreds of billions of dollars in interest rate should be to have points lower than where they are coming years with the director of the sh essay told me friday. >> president trump came previous interest rates too high and the not reflective of the great work from has done. jay powell needs to lower the rates or resign. maria: the founder of the von seeger, john lonski. your reaction to the feds in action, bill pulled they wanting him to resign in the markets performance. >> if we didn't have the tariff related uncertainties after where we have the worry about tariffs triggering an upturn by price inflation it could be that
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the federal funds rate would be lower by half a percentage point. the market and the fed is waiting to see how tariffs play out as far as inflation is concerned. at the same time the economy is slowing down that provide you with that argument with a lower federal funds rate. it is the tariff related uncertainty that is keeping fed funds higher in the ten year treasury yield up close to 4.5%. get tariffs out of the way, interest rates come down both short-term interest rates on long-term interest rates and of course that raises the possibility that later this year the 30 year mortgage yield comes down by half a percentage point. what kind of year for the second half of the marco under macro economic story. >> the tariff related risks, i find it hard to argue with the consensus view of the u.s.
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economy. that is in the second half of this year no we are going to be looking at growth of roughly 1% i think american consumers are finally beginning to cave into the long stay by elevated prices and people are getting tired and lower interest rates that would be helpful in the job market doesn't look all that great once you get outside of healthcare, social services and leisure and hospitality. maria: switching gears i spoke with the white house crypto nai david sachs after the senate passed the genius act, the first ever regulatory framework for stable coins. watch. >> i think this is a huge milestone. this is been years since the senate has passed bipartisan legislation like this, what this does is provide a regulatory framework for the stable coin
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industry so digital dollars can be issued online this will increase confidence in the stable coin industry. maria: your reaction? >> the important consideration for consumers is companies like amazon and walmart are considering adopting stable coin as a way of helping their customers finance transactions. at long last we will have a situation where the major credit card companies will be facing more competition in this case from stable coin and as a result the fees charged to businesses with payment mechanisms like credit cards will decline and if those decline, chances are the consumer prices will be lower than otherwise. a lot of your viewers go into restaurants in the restaurant tells you if you pay on cashew get a 5% discount. that gives you some idea they
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caitlyn jenner was the iranian attacks began last week, ultimately flee the country herself after having to take cover in a bomb shelter. >> then correct being with us, congratulations and welcome home. describe what it was like beating israel as those attacks begin. >> i got there influenza the day before, the first day there they had a helicopter for me. we can travel around the country, we went to the site of october 7, you could not believe that one human being can do that to another person literally coming and unarmed people and what we then doubted a concert, young people that was the most
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difficult thing that i've everything to take. then we went to jerusalem and shows you how diverse, jerusalem i'm sure you been to jerusalem. maria: yes i have. here you have all the religions of the world in one place the difference between the muslim community and its street. everybody lives are in harmony. it is a wonderful place that's pretty much the whole state. going to jerusalem and spending time there. then that night was the first time we got alarms. the next day was supposed to be the pride event. the alarm started going off all of my people handling me were in hotel rooms right next to me, they came raining and grab all your stuff and we get onto the safe room. in the shelter we have israelis
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and americans we have muslims and everybody. right below in my hotel room is a mosque you people don't realize muslims of theirs and christians lived there but it is a jewish state run by the jewish faith. it is a very diverse country and unfortunately, the next day was the pride event. it was obviously canceled with literally thousands of people had come in from all over the world, the second largest pride event in the world takes place in tel aviv. most people don't know that. it's an open country. i honestly felt guilty leaving. i got on my plane and going home and i thought i'm leaving all my friends, besides the bombing we had a good time there are such
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great people i had to leave that's why i called them every day i had to do it last night, how did you do. i was fortunate i met the great lady while we were there at the hotel she has a travel agency, that was a way i called darrell issa all the people in the state department and called everybody but she was a travel agent and she is from israel but lives in the united states. u.s. citizen and she was able to work it that i could get out and she actually went with me getting across the border, getting to fly out of there. since then i had somebody people texting me. i have friends or family that stuck there, even my family members have friends that are there. i gave them the number of the lady and she helped hundreds of people get out to a safe place where we can get a flight to make it home. i got a text from one of my members at the golf course where i play. he had family over there and he
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cannot get them out. i gave them the numbers and they sent me a picture of them on the plane coming back from israel. honestly it made me feel good that we can help these people out. maria: first of all, somebody things that you said we have to underline what you said israel has a second biggest pride evident in the world behind the united states. >> yes in the world. >> people from all over the world. >> honestly, to me every time i tell somebody they all say israel, i was so well treated while he was there i never felt unsafe. i had security with me all the time. i was very fortunate for that. god bless israel and the people of israel. they are amazing people. an incredible story thank you
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for sharing it with us, it is good to see you. safe and sound in america, thank you. >> thank you and god bless israel. >> god bless israel and god bless america, caitlyn jenner joinin jorge has always put the ones he loves first. but when it comes to caring for his teeth he's let his own maintenance take a back seat. well maybe it's time to shift gears on that. aspen dental has complete, affordable care all under one roof. plus, free exams and x-rays for new patients without insurance and 20% off treatment plans for everyone. making it easier to get started with quality care. it's one more way aspen dental is in your corner.
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defense. his request already facing resistance, spain's prime minister pressing to opt out altogether calling it unreasonable and counterproductive we will follow all of this on "mornings with maria" on fox business, 60. >> 9:00 a.m. eastern weekdays i hope you will join me here and i'll see you on sunday on the fox news channel at 10:00 a.m. eastern live for celebrity features. we have ron johnson, brian mast and army colonel derek harvey, join me live on sunday. that will do it for us on fox business. have a great rest of the weekend. i will see you next time. ♪ ♪ ♪. jack: welcome to "barron's roundtable" where we get behind the headlines and prepare you for the week ahead i am jack otter. a list of top ceos were 2025 i
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