MARIA-00
Presidential Ticket for a Major Political Party; Donald Trump Celebrates
New Chapter of 2016 Campaign; Baseball Hall of Fame to Feature Exhibit of
Post-9/11 Recovery; World Bank Lowers Global Economic Forecast; European
Central Bank Buying Corporate Bonds; Trump and Clinton Prepare for General
Election - Part 1>
Cheryl Casone >
Clinton; Donald Trump; Gun Rights Activists; Facebook; Baseball; Mike
Piazza; Lululemon; ECB; California Primary; Bernie Sanders; ISIS; Michigan;
Quarters; Twitter; Hackers; NFL; World Bank; Economy>
MARIA BARTIROMO, FBN ANCHOR: For the general election -- to lead a presidential ticket for a major political party.
Yet, her rival, Bernie Sanders is vowing to fight on regardless. Presumptive Republican nominee Donald Trump meanwhile is looking to start fresh for the general election.
(BEGIN VIDEO CLIP)
HILLARY CLINTON (D), PRESUMPTIVE PRESIDENTIAL NOMINEE: I'm going to take a moment later tonight and the days ahead to fully absorb the history we've made here.
DONALD TRUMP (R), PRESUMPTIVE PRESIDENTIAL NOMINEE: We're only getting started, and it's going to be beautiful. Tonight, we close one chapter in history and we begin another.
SEN. BERNIE SANDERS (I-VT), DEMOCRATIC PRESIDENTIAL CANDIDATE: We are going to fight hard to win the primary in Washington D.C.
(END VIDEO CLIP)
BARTIROMO: Meanwhile, first, it was conservatives, now it is gun owners. Gun rights activists say Facebook is suppressing pro-gun posts on the social media's site, the outrage coming up.
Honoring baseball's role in America's recovery from September 11. Baseball's Hall of Fame will open an exhibit later this month featuring the jersey worn by Mike Piazza in the first game played in New York after the 9/11 attacks.
Lululemon, the latest victim meanwhile on retail earnings story, and it is a weak story. The company's profit coming in below expectations, offering weak outlook, the stock is down.
Global markets, overall mixed this morning. In Asia overnight, we had mixed performances there as you can see there on the Asian markets.
Weak economic data out of China weighing on investors, and then the World Bank lowered its global economic forecast now to 2.4 percent.
That is hurting stocks in Europe, certainly yields in Germany are at record lows. The European Central Bank starting its program to buy corporate bonds today as part of an effort to help the region combat low inflation.
In the U.S., Futures are edging higher this morning, we are expecting a higher opening for the broader averages here.
The Dow Industrial is up about 40 points right now. And here with me this morning, Fox Business Network's Dagen McDowell, Republican strategist Lisa Boothe and "National Review" reporter Katherine Timpf, great to see everybody, and Katherine, thanks for coming back.
KATHERINE TIMPF, REPORTER, NATIONAL REVIEW: Oh, of course.
BARTIROMO: Yes --
DAGEN MCDOWEL, FOX BUSINESS: Where did you go?
TIMPF: Yes, everywhere.
(LAUGHTER)
BARTIROMO: Bob Hendley(ph) weighed in and Kat --
MCDOWELL: We love Bob, we love Bob.
BARTIROMO: He was great. We were -- great info on small business and on what's happening in the economy.
TIMPF: He is so nice, too.
BARTIROMO: We have a can't-miss lineup this morning. Former Republican presidential candidate and Donald Trump supporter Dr. Ben Carson is with us.
Plus, the host of "VARNEY & COMPANY" Stuart Varney weighs in on all the issues of the day, you don't want to miss a moment of it.
And we kick it off right now this hour on politics. The "Ap" is reporting Hillary Clinton has won the California primary, 69 percent of the vote has now been counted.
She's making history certainly, becoming the first woman in history to secure the nomination of a major political party in the U.S.
Robert Gray is standing by in Los Angeles with more. Robert, good morning.
ROBERT GRAY, FOX BUSINESS: Good morning, Maria. That's right, Hillary Clinton winning the California primary, much more easily than had been predicted, were called just a few days ago.
The polls leading up to the actual voting had her with just a 2-point lead over Bernie Sanders. In fact, there was one "L.A. Times" poll that had Bernie Sanders with a slim lead among eligible voters, although they correctly did say among likely voters, Clinton had the lead.
Take a look at a 56 percent for Clinton, 43 percent for Sanders as they continue to count the ballots there. Donald Trump taking the Republican, the primary very easily, 75 percent for Trump there.
Bernie Sanders in his speech last night, we were there, it was at Santa Monica Airport, and telling supporters who had some long faces and weren't quite sure where this was going, that there was no way they should let Donald Trump be the president.
Sounded almost as if he was trying to coalesce folks behind Clinton before he pivoted, and then saying that, you know, really stealing a leaf out her book, if you will.
One of her theme songs is the fight song where Bernie seems to have a lot of fight left in him, saying they're going to keep on fighting.
(BEGIN VIDEO CLIP)
SANDERS: Next Tuesday, we continue to fight in the last primary. We are going to fight hard to win the primary in Washington D.C., and then we take our fight for social, economic, racial and environmental justice to Philadelphia, Pennsylvania.
(CHEERS)
(APPLAUSE)
(END VIDEO CLIP)
GRAY: Now, Sanders was booed when he said that he spoke with Clinton and he congratulated her on her victories.
He also spoke with President Obama and is scheduled to meet him tomorrow, so, we'll have to wait and see where this is going, Maria, back to you.
BARTIROMO: Robert, thank you so much, Robert Gray, we will keep checking back with you. Joining us is former presidential candidate Dr. Ben Carson right now.
Dr. Carson, good to see you, thanks so much for joining us.
BEN CARSON, AUTHOR & RETIRED NEUROSURGEON: You, too, thank you.
BARTIROMO: Are you surprised at what we're talking about this morning? Hillary winning, becoming the first woman for any major party and Donald Trump trying to put the past behind.
CARSON: Not surprised at all. This is certainly what we expected, this particular type of race. There may be some surprises coming up, though --
BARTIROMO: What do you mean?
CARSON: As we go down this path. I have no idea what's going to happen with the FBI investigation of Hillary Clinton and what dynamics that will play in the race.
But it's substantial and I don't think many people are talking about it, we're sort of putting our heads in the sand and saying let's not talk about that, but I think it could be a major factor.
BARTIROMO: Yes, we were just talking about that a minute ago, Dagen brought that up, and the fact is, is that it's sort up to Mr. Comey at this point, right?
I mean, when are we going to get the details of this investigation, and when will she actually speak to the FBI? She's been saying this whole primary season, I can't wait to speak to them.
CARSON: Well, you know, what's interesting though, is, you know, regardless of the legality or illegality of what she did, the judgment issued is what is so important.
When you're talking about a position like the president of the United States, there's going to be a lot of very difficult decisions that impact the lives of every American.
Do you want somebody who has demonstrated such poor judgment in charge of that?
MCDOWELL: Dr. Carson, though, President Obama sounds like is close to endorsing Hillary Clinton, and he's already made what sounded like one campaign speech on her behalf.
More to come. Do you think that he would go out on a limb if it was a tricky limb that could snap, meaning if an indictment recommendation was really on the horizon?
CARSON: Well, I think he has to take into consideration the fact that if Hillary gets in, his legacy will be protected and it will be enhanced.
And if Donald Trump gets in, his legacy will be destroyed. So, believe me, he has a good reason to get behind her.
BARTIROMO: Yes, that's a really good point. Because he's also looking at his own legacy here, and Hillary has said very specifically that she will build on his policy, she wants to build on Obamacare.
She wants to hold Wall Street to account and build on the Dodd-Frank legislation.
CARSON: And what that really means is a continuation of the pathway that we're on. Seventy five percent of Americans believe we're on the wrong pathway.
Do they want to continue down that wrong pathway? And again, history is a great instructor. If we look back at other pinnacle nations and the things that happened to them before their fall, you can see many of those things coming right now.
Why don't we learn from those things and take corrective action before it occurs? Maybe it's just human nature, maybe we're not able to learn.
LISA BOOTHE, REPUBLICAN STRATEGIST: Dr. Carson, I kind of have a nerdy campaign question for you.
Do you think that Donald Trump -- or is he focused now on sort of building up his data and analytics operation and sort of the fundamental foundations of a campaign now that he's won the nomination?
CARSON: Well, obviously, those things are important, but the more important thing is that he continues to connect to the people.
The people understand that there is a major problem and it's a Republican problem and it's a Democrat problem. It's a matter of the government having grown and infiltrated and trying to dominate the people exactly what our founding fathers said would happen if we took our eye off the ball.
And now, it's time for the people to stand up and to say, no more of this. Now, they're willing to take a risk on an unknown, political entity like Donald Trump to say that we don't want to continue down this pathway because we know that's not going to lead us to the right place.
BARTIROMO: Yes, and at this point, it looks like he's softening his tone a little, he definitely did last night promising to make the party proud. Listen to this, Dr. Carson.
(BEGIN VIDEO CLIP)
TRUMP: I understand the responsibility of carrying the mantle, and I will never ever let you down, too much work, too many people, blood, sweat and tears, never going to let you down.
(APPLAUSE)
I will make you proud of your party and our movement and that's what it is, it's a moment.
(END VIDEO CLIP)
BARTIROMO: So, what does he do to keep that promise, Dr. Carson? How will he make the party proud?
CARSON: Well, you know, it's difficult because I speak from experience. You know, I used to have a temper and I used to go after people and you couldn't hit me without me hitting you back --
BARTIROMO: Not like Donald Trump --
(LAUGHTER)
BOOTHE: Yes --
BARTIROMO: I can't compare you to Donald Trump in that regard, Dr. Carson, we watched you in the primaries.
CARSON: Well, you don't know what I used to be like. But in anyway --
BARTIROMO: Really?
CARSON: Well, you know, once I came to an understanding that it was actually not a sign of strength to always strike back, it was a sign of strength to be able to ignore it and not to allow everybody to get under your skin.
BARTIROMO: So, you were like a wild and crazy guy at one point, then?
CARSON: Oh, you don't want to know.
(LAUGHTER)
TIMPF: Like the reaction.
BARTIROMO: That is great, too, yes --
CARSON: But --
TIMPF: Yes, I --
CARSON: You know --
BARTIROMO: Go ahead --
CARSON: Fortunately for me, fortunately for me, there's a God up there --
BARTIROMO: Yes --
CARSON: And he smiled on me --
TIMPF: I have a --
CARSON: And now --
TIMPF: I have a question --
CARSON: And now I understand --
TIMPF: I have a question, Dr. Carson --
CARSON: OK --
TIMPF: There's been a lot of discussion about where Bernie voters are going to go, people are saying it's impossible that they would ever vote for Trump.
Do you think there's an opportunity for Trump there and how do you think he would go about getting support from those voters?
CARSON: I think there's a tremendous opportunity to de-emphasize political parties. You know, Democrats or Republicans and to talk about those things that identify us as unique.
What makes America that shining city on a hill. If you begin to talk about those things, that would resonate with everybody.
I mean, everybody should be impacted by the accumulating debt, their children and their grandchildren will be impacted by that.
Everybody is impacted by, you know, terrorists who want to destroy us. You need to focus on those kinds of issues, on education.
Which is you know, what empowers people. Gives you the ability to control your own life and if he begins to focus on those things, I think a lot of people will not so much concentrate on Democrat or Republican.
BARTIROMO: Do you think as the general election begins to take shape, the importance of the VP pick gets greater, I mean, particularly where you know, you see all the negatives.
The high negatives for Donald Trump and the high negatives for Hillary Clinton. How important this campaign will the vice presidential name be?
CARSON: I think it may be more important than it traditionally --
BARTIROMO: Yes --
CARSON: Has been.
BARTIROMO: I think so, too --
CARSON: And I think it would be very important to pick a vice president who doesn't just do the traditional vice presidential role, but who really can play a substantial role in helping to resolve these incredible problems that we have.
BARTIROMO: Yes --
CARSON: So, he needs to pick somebody who has the ability to accomplish things.
BARTIROMO: Dr. Ben Carson, good to see you, sir, thanks so much
CARSON: You too --
BARTIROMO: We'll see you soon --
CARSON: Thank you so much, Maria.
BARTIROMO: Still to come, Facebook already --
CARSON: Yes --
BARTIROMO: Under fire for reportedly targeting conservatives, now it's gun owners that are crying foul.
The latest controversy for the social media titan. Then check your pockets, your loose change maybe worth a whole lot more.
The big mistake that sent the value of one quarter well beyond 25 cents, back in a minute.
(MUSIC)
(COMMERCIAL BREAK)
BARTIROMO: Welcome back. A growing number of ISIS members asking western governments for help in returning home.
Cheryl Casone with the story and the other headlines now. What a surprise, Cheryl.
CHERYL CASONE, FOX BUSINESS: Yes, I mean, no kidding, Maria. ISIS members recruited from the west have increasingly been contacting the government asking for help in escaping from the region.
Some have turned up at diplomatic missions in Turkey, others have sent messages to their governments. This comes as ISIS continues to lose ground in Syria and Iraq.
And has recently been shown executing some of its own fighters. Well, a pickup truck slamming into a group of bicyclist in western Michigan.
Five bicyclist killed four others seriously injured. Now, before this crash, other drivers had complained that the truck was being driven erratically, but police say that no officers were actively pursuing that vehicle at the time.
The 50-year-old driver fled from the scene but police did arrest him a short time later. And we're watching shares of Lululemon this morning.
The yoga-wear retailer's quarterly profit just missed the street's forecast. Now, these disappointing earnings coming a week after Lululemon's founder criticized the company's leaders for failing to keep up with market trends.
But Lululemon raised its profit and its revenue forecast for the year, so, that's the stock to watch today. And then there's this story, Maria.
A rare defect is making some quarters from 1970 worth thousands of dollars. The mistake happened when some of the proof quarters from that year were printed over 1941 Canadian quarters.
So, the quarters ended up with a very tiny misprint, it's really difficult to see. We're trying to magnify it as best we can for you here.
The year 1941 appears just above the word dollar on one side of the coin, and then there was faint lettering visible on the front of the coin as well.
Now, at least one of the rare quarters is for sale on eBay for $35,000, I don't know if it's going to go for that much, but it's not really clear how many quarters have the defects or where they are.
I mean, you know, the search is on --
(CROSSTALK)
BARTIROMO: That is --
CASONE: Yes --
BARTIROMO: Funny, yes, OK, well, got to check out pockets, you guys.
CASONE: Yes --
BARTIROMO: Thank you so much, Cheryl. You mentioned Lululemon --
MCDOWELL: Right --
BARTIROMO: Cheryl -- Dagen, this is more of the same, do you think or is this specific to Lululemon? Because it's not being a good quarter for retail, we know that, and it's not been a good year.
MCDOWELL: I somehow think that this is specific to --
BARTIROMO: You do?
MCDOWELL: Lululemon, because there was a lot of potential downsides with the stock being near 52-week high.
BARTIROMO: Yes --
MCDOWELL: With the comparisons year-over-year being tough. And you've got the founder, the former guy running the company out there running his mouth about what's wrong -- what's wrong with Lululemon.
I think that it's a tougher market. I think that you have like apparel companies getting into athleisure, you have Under Armour and Nike are still going great guns --
BARTIROMO: Yes --
MCDOWELL: In terms of taking on Lulu's business. But we are nothing, but fans here.
BARTIROMO: Yes --
MCDOWELL: Yes, I am kind of on the -- I'm kind of somewhere in the middle. I'm not like a Lulu fanatic. I don't like logos on everything that I own.
BOOTHE: Well, we're helping them build up their numbers.
BARTIROMO: Yes, exactly. One yoga pair of pants at a time.
BOOTHE: Yes, exactly.
BARTIROMO: Coming up, Facebook going after your firearms now, why gun owners say the social media site is leaving them feeling concealed.
Then the general election looks set, but is the money? What each candidate needs to do to fuel their campaign coffers all the way to the election day. Back in a minute.
(MUSIC)
(COMMERCIAL BREAK)
BARTIROMO: Welcome back. The owners of several gun-based Facebook pages are saying that the social media network has been suppressing their posts for the past several months and is responsible for their rapid decline in website traffic.
This coming after conservatives accused Facebook of political bias in trending topics. Kath Timpf here with us this morning, got to get your take on this, do you feel that Facebook -- I mean, are you -- are you a user of Facebook --
TIMPF: Yes --
BARTIROMO: Versus Twitter, versus Instagram, what's --
TIMPF: I love Twitter and I love Facebook --
BARTIROMO: Yes --
TIMPF: And I think that there's been so much evidence that this is going on, that it must be going on. But the trick is Facebook is a private company, and has liberal views, so why would they not promote these views.
I think it's important to do it, these -- you know, these pages are doing and calling it out, people are aware --
BARTIROMO: Well, it's a public-traded company --
TIMPF: Right, well, but there's -- when they're talking about like senators investigating it, they don't really have -- they can promote whatever they want --
BARTIROMO: Yes, and not promote -- but it's -- I think it's important to call it out so people will know that it's going on and be aware of it.
I'm not going to get off of Facebook even though I disagree with this.
BARTIROMO: Right --
TIMPF: Because I love it so much which is --
BARTIROMO: OK --
TIMPF: Dumb --
BARTIROMO: So, do you feel like when you're on Facebook, that perhaps maybe the posts have been chronicled a certain way that --
TIMPF: Absolutely --
BARTIROMO: You do feel that way?
TIMPF: Absolutely --
BARTIROMO: And it only makes sense because, you know, there's -- this isn't just algorithm that they're using, they have actual human beings kind of deciding what's trending and what's being shown.
Every human being has a bias. So, of course, that's going to be evident in what's shown or not.
BARTIROMO: They're trying to push back on that.
MCDOWELL: And they -- give credit to Mark Zuckerberg because of how -- in terms of how they were passing the news.
He did react quickly, and he invited some well-known conservatives including Dana Perino out to Facebook headquarters.
But in terms of gun ownership, if you're pro-life, if you are a pro-gun, Second Amendment proponent. If you are a God-fearing -- and talk about your religion all the time, if you're a combination of those things, you're a pariah on Facebook.
And you've seen people who -- in Facebook world, if you promote gun ownership, they equate that with gun violence, and I think that that is where this company gets it so wrong.
BOOTHE: Well, and then you've got ISIS fighters that have Facebook pages, but somehow that's OK. But I think the problem for Facebook is, look, you're saying political communications like stories of three becomes a problem, right?
So, now there's the first with the trending topics as controlling them and bias against conservatives, and then this story as well.
And so, I think there's a danger there, and clearly, Facebook was concerned about the message that was sending users because he did invite all those conservatives to come to try to show them how the algorithms works and what Facebook does.
So, clearly, I think there's a concern on their behalf.
BARTIROMO: It bothers me because then you have to question, well, what else am I not seeing?
TIMPF: Right --
BARTIROMO: That, you know, I would be getting elsewhere.
TIMPF: And people get their news from Facebook now --
BARTIROMO: Right --
TIMPF: You can say that's not a good thing, but a lot of people do. They say --
BARTIROMO: And people get their news from Twitter, I mean --
TIMPF: Yes, absolutely.
BARTIROMO: Yes.
MCDOWELL: Yes, and also remember that Facebook owns Instagram, Facebook owns WhatsApp, so, there's -- it's not just Facebook, it's a broad platform of how they edit content.
BARTIROMO: And then --
MCDOWELL: I mean, they added nudity all the time on Instagram.
BARTIROMO: And if they were an organization --
(CROSSTALK)
Where they said, yes, we are on the left, you know, then you would know what you're getting.
MCDOWELL: Right --
BARTIROMO: But if you don't know what you're getting, and they haven't necessarily said, look, we have commentators on the left -- you know, then that's where it becomes a problem.
Because you think you're reading just, you know --
TIMPF: Right --
BARTIROMO: News where it's actually you're reading in many cases opinion.
TIMPF: Right, well, I think it's clear now to more people that that's what's happening. There's a trending story like you said.
And now, there's this, even after --
BARTIROMO: Right --
TIMPF: They got meeting, so, I think it's important to make people aware so that they do know that even a Facebook won't do it themselves, and they had to get kind of -- I don't want to say busted.
It's not like it was illegal, but now more people know.
BOOTHE: Well, and we still clearly know where Mark Zuckerberg --
TIMPF: Right --
BOOTHE: Is on the issue --
BARTIROMO: Yes --
BOOTHE: I mean, he is very much made it known he's a liberal, he's spent a lot of money promoting liberal policies.
So, you know, I think that coupled with some of these recent stories is a little bit troubling for a lot of Facebook users.
BARTIROMO: All right --
MCDOWELL: Who needs to bone up on the Second Amendment I might add --
UNIDENTIFIED FEMALE: Yes --
BARTIROMO: Yes --
BOOTHE: Yes --
BARTIROMO: Coming up, a Twitter hack leaving NFL fans in shock yesterday, but Commissioner Roger Goodell says despite the erroneous tweet, he is alive and well.
The fallout from the hack next. Then, it is a crude awakening. What's pushing oil to the highest level in almost a year.
We're checking it out next.
(MUSIC)
(COMMERCIAL BREAK)
BARTIROMO: Good Wednesday morning everybody, welcome back, I'm Maria Bartiromo. It is Wednesday, June 8th.
Here are your top stories 8:30 a.m. on the East Coast. Primary season for the 2016 election almost in the books. And historic night for Hillary Clinton last night.
The "Associated Press" is calling the California primary for Clinton this morning. Bernie Sanders is still vowing to fight on.
Yet, both Clinton and Donald Trump are trying to appeal to Sanders supporters now ahead of the general.
(BEGIN VIDEO CLIP)
CLINTON: I know it never feels good to put your heart into a cause or a candidate you believe in and to come up short.
TRUMP: To all of those Bernie Sanders voters who have been left out in the cold by a rigged system of super delegates, we welcome you with open arms.
SANDERS: I am pretty good in arithmetic and I know that the fight in front of us is a very steep fight, but we will continue to fight for every vote and every delegate.
(CHEERS)
(END VIDEO CLIP)
BARTIROMO: Meanwhile, honoring baseball's role in America's recovery from September 11th, baseball Hall of Fame will open an exhibit later this morning -- later this month, rather. Featuring the jersey worn by Mike Piazza, in the first game played in the New York field after the September 11 attack. We had it here on set in April after Wall Street Week host, Anthony Scaramucci bought the jersey, and there it is.
Checking global markets this morning in Asia overnight, mixed action, weak economic data out of China, weight on investors. And then the World Bank lowered its global economic forecast to 2.4 percent. That is hurting stocks in Europe this morning. Yields are at record lows. The European Central Bank started to buy corporate bonds today. The Wall Street Journal says it's bought debt in the telecom, utility, and insurance sectors.
In the U.S., futures are edging higher. We are expecting a higher opening for the broader averages. Take a look. Dow Industrials up, pretty much where it has been throughout the morning. Expect it to open up about 30 points. Donald Trump is looking toward the general election now where he'll face off against Hillary Clinton, now the presumptive Democratic nominee for president. Donald's no longer self-funding his campaign as pro-Trump Super PACS reportedly purchased millions of dollars in cable ads in preparation for this fierce battle ahead. Joining me right now is Great America PAC co-chairman, Ed Rollins, to talk more about it. Ed, good to see you.
ED ROLLINS, GREAT AMERICA PAC CO-CHAIRMAN: Good morning, how are you this morning.
BARTIROMO: Thank you so much for joining us.
ROLLINS: My pleasure.
BARTIROMO: So what do you need to do at this Super PAC to ensure that you're, you know, raising the money required?
ROLLINS: My Super PAC is not going to spend a lot of money on ads. Traditionally that's what they do. They spend hundreds of millions of dollars on ads. I don't think ads is quiet as effective as they used to be. So, what I want to do is take the 11 states that matter, after yesterday there's only 11 other states that really matter, those are swing states, Ohio, Florida, Pennsylvania, Michigan, those type states. And try to go in and basically make sure whatever this Trump campaign has in place that I don't duplicate, but evenly as important, and I think it's a shortfall, I fix, vigil, find your voters, get your voters to the polls, a lot of ground operation. The Trump campaign, obviously, has bought this election on the cheap. They spent less money than the other candidate. They ran a brilliant campaign, at the end of the day, a massive victory yesterday, and I think to a certain extent you're now going to build a lot of pieces in place because the Obama campaign was a great campaign, and she just built right on that. So she's got a great structure, and she finished strong yesterday. So it's going to be a very close and we're in a tough knockdown race.
