Clinton Faces Questions about Trustworthiness; Trump Pushing Back on Debate Schedule; Oil Starts August Down; Gen. John Allen Ramping Up



Debate Schedule; Oil Starts August Down; Gen. John Allen Ramping Up

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DAGEN MCDOWELL, FBN ANCHOR: It is Monday, August 1st, your top stories at 6:00 a.m. Eastern time. In the race for the White House Hillary Clinton will hit the campaign trail today in Omaha, Nebraska, joining her Berkshire Hathaway CEO Warren Buffett and despite her support from Buffett, Mark Cuban, former New York City Mayor Michael Bloomberg, Clinton still facing questions over her trust worthiness and e-mail scandal.


HILLARY CLINTON, (D) PRESIDENTIAL NOMINEE: Director Comey said that my answers were truthful and what I've said is consistent with what I told the American people that there were decisions discussed and made to classify retroactively certain of e-mails.


MCDOWELL: Well, that would be a pointed debate as the morning moves on.

The meantime Donald Trump will be in battleground states of Ohio and Pennsylvania. Trump pushing back against the presidential debate schedule since it goes up against NFL games.


DONALD TRUMP, (R) PRESIDENTIAL NOMINEE: The NFL doesn't want wanting to against the debates because the debates are going to be pretty massive from what I understand. Hillary Clinton wants to be against the NFL, se doesn't maybe like she did with Bernie Sanders where they were on Saturday nights when nobody is home.


MCDOWELL: Roads turning into river, flash flooding leaves at least two dead and more than 100 others rescued in Maryland, details on dramatic rescue of a woman who was trapped in her car and saved by a group of heroic men after they formed a human chain.

Uber facing reality and China the company selling business there after losing billions of dollars on that venture. Tesla moving closer to making Solar City deal official. Report say the merger could be announced as early as today but uphill climb to get the deal approved.

Turning to markets coming of a wining month for stocks we have slight gains today. The biggest market mover will be job's report here in the U.S., it comes out on Friday.

Over in Europe you have stocks as they are here searching for direction, a loss of about half of 1 percent in France, in Asia overnight markets mostly higher a mix pair of manufacturing reporting weighing on investors. And there's one winning Powerball ticket, find out if that's ticket worth a whopping $487 million was sold in your home state. That's ahead.

And then the weekend box office, the newborn movie taking the top spot. It makes Matt Damon a billion-dollar man. Details on Mr. Damon's movie milestone coming up.

And here with me all morning long, Fox Business Cheryl Casone, Recon Capital Chief Investment Officer Kevin Kelly and Democratic Strategist Harlan Hill. Welcome to everybody. Did everybody get some rest?

CHERYL CASONE, FOX BUSINESS: Good morning. I obviously didn't win the Powerball ticket because here I am.

MCDOWELL: I don't think I played this time. I have to go buy some scratch tickets later to make it up. But there so much news developing over the weekend and we will be covering it all for here this morning.

Coming up, Fox News Military Analysts and retired four-star General Jack Keane, Fox News Senior Judicial Analysts Judge Andrew Napolitano and Trump campaign national spokesperson, who want to talk about somebody who must be tired Katrina Pearson. She's here with us as well.

But first, it's the economy stupid, the famous line used by Bill Clinton in the 1990's. The economy remains the top issue for voters and billionaire businessmen are lining up to support Hillary Clinton. Famed investor Warren Buffett will hit the campaign trail with Clinton later today at an event in Omaha, over the weekend billionaire Mark Cuban endorsed Clinton in his hometown of Pittsburgh, do big name billionaire backing matters?

Let's bring in Krystal Ball, a Democratic Strategist and Senior Fellow at the new leaders council, and Mercedes Schlapp. Mercy, I'll get it right.


MCDOWELL: Republican Strategist and Fox News contributor Mercedes, Clinton getting endorsementsfrom these big names, they also back the idea particularly Buffett, she's got on board with his minimum tax that wealthy people should make but does this hurt Donald Trump at all?

SCHLAPP: Well, let me tell you this is an election, not a billionaires, this election is about the working class. And so, those endorsements, I don't think necessarily matter the way they normally do. Interestingly enough obviously Warren Buffett is no surprise. He's a life-long Democrat who has supported Obama in the past.

So that is not a surprise. I think Mark Cuban is an interesting, get he's been one who has been trying to figure out if he can find a political role at first with either Donald Trump or Hillary Clinton as a possible V.P. pick back in the day, but his comments about Hillary Clinton in the past just really don't line up with this endorsement. He says there's lots of negatives with Hillary Clinton, quote, he basically said "she's made horrible mistakes on Libya, Benghazi," so it's interest to go see that the outspoken Mark Cuban has decided to go forward and endorse Hillary Clinton.

MCDOWELL: Krystal, do these billionaires and these billionaire businessmen matter to the voters, I always say about celebrities that they can could help raise money for a candidate but with the exception of Oprah Winfrey they don't really get voters out?

KRYSTAL BALL, DEMOCRATIC STRATEGIST: Yeah, I mean don't totally disagree with that but I would say Michael Bloomberg gave a very powerful speech at the DNC. And part of what he tried to do is say, look, I'm a successful businessman too, I am self-made. I see, you know, Donald's argument that he's a businessman and that's how he can run the country and this is why as a businessman can make the argument that he doesn't have the leadership skills and temperament to be able to pull that off.

I mean, that is what was interesting, we'll see what Warren Buffett says though about both Cuban and Bloomberg's arguments. They weren't partisan arguments. They weren't fiscal arguemtns or financial arguments. They were really about their fear that Donald Trump did not have the temperament for this job.

I'd also say, you know, I don't know that Hillary is getting anymore billionaire supporters than Donald Trump is, it's not really clear. He got a few billionaires of his own. But to the extent that she does have more support there.

I think it's more on lying with this broader trend that she's winning over college educated voters in a way that past Democrats haven't and billionaires tend to be college educational. They'll obviously not always.

MCDOWELL: I do, I just wanted to quickly point out, Cheryl, before I get in what I was talking about is part of Hillary Clinton's tax proposals very much targeting the wealthy, there's a 30 percent minimum tax on incomes over 2 million, which is -- its right in line with what Warren Buffett has been calling for and then an additional 4 percent surcharge on people making more than $5 million a year, Cheryl.

CASONE: Well, you know, it's interesting, I wanted to bring this to Mercedes' attention, because Mark Cuban, you were talking about his endorsement, of Hillary Clinton but at the same time, this is more of a hit against Donald Trump which may I think benefit him in the long run.

You know he called -- Cuban called Donald Trump a jagoff. I don't know what that was.


MCDOWELL: Are we allowed to say that? I know what it is, I was going to say that .


MCDOWELL: Go ahead Cherly.

SCHLAPP: I'll take the hit for Dagen.

CASONE: A person who was irritating because of being inept or stupid. That's what a jagoff is. And that's what Cuban used to .

SCHLAPP: That's the word of the day.

CASONE: Yeah. And I think that actually might help Donald Trump Mercedes at the end because he's going to after Cuban. This is a personal fight between the two.

SCHLAPP: It is, it sounds like two billionaires with two very big egos but, you know, I think it's been fascinate to see these reality stars like Mark Cuban really getting involved in the political process. This is something that we are seeing in the unconventional year of politics.

But again, I want to point out that this really is about the forgotten working class and that is where the heart of the election lies, it's these individuals who have been so frustrated but what you have seen, with the weak economic growth under President Obama and what we are seeing is that this election is going to be based largely on the economy and what we are seeing a very -- I mean, GDP that came out last week at 1 percent, it's just something that I think goes against the Democratic position on the economy, which has we know Hillary Clinton last week alone embraced Democratic socialism. We should be worried, America.

MCDOWELL: And Krystal to that point, she now has these billionaires endorsing her. So what does that do to the Bernie Supporters? She can't seem to make up her mind, does she want independent, did she want people who were undecided, that she want people who voted for her husband back in the 90s or he trying to court Bernie Sanders because she can't have it both ways.

BALL: Well, she is trying to do all of the above and essentially the argument is that what's really lay down at the DNC. This man cannot be trusted with the nuclear codes and that's what Mark Cuban is saying and that's what Michael Bloomberg are saying in very different language, Obviously Mark Cuban one more colorful than Michael Bloomberg and I suspect to hear a little bit of that from Warren Buffett. Although I suspect he'll also make the economic argument you're talking about.

Interestingly here none of the guys must be doing this for their own personal self-interest because Donald Trump as you're pointing out will give them a massive tax break. And Hillary Clinton what's to up taxes on wealthy. I mean Donald Trump would completely get away with the estate tax, for one example.

MCDOWELL: Would they've made their fortunes so they don't need to worry about having an income tax. Want to move on .

BALL: They'll be going to be just fine either way.

MCDOWELL: Hillary Clinton giving her first interview since accepting the Democratic presidential nomination to Chris Wallace on Fox News Sunday and she addressed the e-mail investigation. Listen to this.


CLINTON: Director Comey said that my answers were truthful and what I've said is consistent with what I have told the American people, that there were decisions discussed and made to classify retroactively certain of the e-mails.


MCDOWELL: Krystal her account differs quite a bit from the scathing analysis given by FBI Director Comey. How does this impact her ongoing issues with Trust? I think what 68 percent of people don't find her trustworthy.

BALL: Yeah. You know overall I thought this interview she did a nice job, she had some great moments there talking about her mom that were very human and very personal but she just not handled this e-mail issue well from the start. First she didn't want to apologize for what was clearly a mistake and how things were set up and then she really opened herself up for this problem by stating so confidently that she hadn't sent or received anything that was classified and, of course, it came out that she did.

So, I didn't think she handled this well. I think it continues to drag out this story, I think it continue to drag on her trustworthy numbers. She has just got to come out and say, you know, this was a mistake, I've learned from it, I really didn't mean to send or receive anything classified as its come out I have and just take the hit and be able to move forward. Because otherwise it just continue to drag on.


KEVIN KELLY, RECON CAPITAL CHIEF INVESTMENT OFFICER: Wait, but you're saying -- she can't go out there and say she didn't mean to send classified information because she did, she deliberately set up her server and so she could send classified information regardless. I mean, so .

BALL: Well, that's speculative. And that's not in line with what Comey found. He found no intend in that regard which is why he said, you know, this wasn't a case that deserved to be prosecuted. So, but, you know, I think she needs to be a lot more straightforward here and a lot less defensive and come clean and ask for the public's forgiveness and we give her another shot and that she has learned her lesson from that.

MCDOWELL: Mercedes, final word to you.

SCHLAPP: I think Krystal that's great advice actually, when you look at the Washington Post coming out and giving her Four-Pinocchio's. Four Pinocchio's means "Liar, liar, pants on fire".

So I think for Hillary Clinton this is an ongoing problem, if she would have hit it straight on, it could help her with this trustworthy issue. I think it's just too late because she just doesn't want to accept the reality.

MCDOWELL: And the reality before we go ladies, I'll end on this, an economy that's had the worst recovery end from a recession since at least 1949. Something Chris Wallace brought up with Hillary Clinton as well. Krystal Ball, Mercedes Schlapp, thank you guys. Great to see you this early Monday morning.

Coming up a daring rescue in Maryland as four men formed a human chain to rescue a woman trapped in her car by rushing flood waters. More on that brave act next.

And Uber making friends with a foe, the ride-hailing service selling its operations in China caving into pressure, details on the merger straight ahead.


MCDOWELL: Welcome back to "Mornings with Maria". Tremendous devastation in Maryland due to severe flash flooding. Cheryl Casone has that story and the other headlines this morning. Hey, Cheryl.

CASONE: Hey, good morning guys. Yeah. I'll tell you what. This is incredible what's happened here. Flash flooding ripping through the historical Maryland town at Ellicott City.

Look at the water here. It killed two people and forced a rescue of 120 residents. These flood waters leaving hundreds of cars damaged. At least 25 buildings were damaged or destroyed. County officials say 6-inches of rain fell between 7:00 p.m. and 9:00 p.m. Saturday night, an event so rare. The National Weather Service said that it should statistically occur just once every 1,000 years.

OK, one bright sight out of this. The video and we're going show it to you now. It shows residents working together to form a human chain as they rescue a woman trapped by the flood waters. The residents locked their arms to reach out to this woman who was trapped inside of her car, a human chain working. They did pull her to safety. The incredible bravely from those residents that we wanted to show you.

And this is headlines, this morning Uber is planning to merge just China operations with rival Didi. The ride-hailing giant selling at $7 billion operation in China to the $28 billion Chinese company. Report said that Uber China investors are going to have 20 percent stake in this new company and as part of the deal. Didi's going to also invest a billion in Uber global. Remember, that's everything outside of China, this deal show really as maybe a reason that Uber needed to get out of China.

And then finally there's this.


UNIDENTIFIED FEMALE: He's seeing things. He knows things. What if he's not coming for us, what if it's something else?


CASONE: Oh, yeah. Matt Damon, he is back as Jason Bourne and he won the box office over the weekend. I love him.

The film topping expectations taking in 60 million in ticket sales, as 10 million more than what's expected by the analysts. Second biggest opening weekend for the ban -- Bourne Franchise, The Ultimatum was the other one.

Star Trek Beyond fell to the second spot that took in 24 million and then Bad Moms debuting in the number three spot with 23.4 million, the box says over the weekend giving Matt Damon a new title of still look good looking at his age and billion dollar man.

The Bourne Franchise with Damon has now brought in over a billion dollars world wide Dagen. And I can't wait to see him, I'm so excited, I haven't gone on that.

MCDOWELL: This movie did not do well as we'll as the last movie that .

CASONE: The Ultimatum.


CASONE: 2007.

MCDOWELL: It was like a few million dollars left.


MCDOWELL: 60 million but this probably cost $120 million to make. So it's got a little way to go.

CASONE: Did you notice how they promoted it all over all the .

MCDOWELL: But I like how he did "I'm back, Matt Damon as Jason Bourne."

CASONE: Can I also just a shout-out to .

MCDOWELL: No, you didn't sound like that, but .

CASONE: Oh, I was just shout-out for the Bad Moms though. Bad Moms are pretty good. 80 percent of the audience was female. Of course 60 percent or so the Matt Damon, you know, audience was male.

MCDOWELL: And it made back its production cost. It only cost about $20 million to make. You know what, we'll just make people forget the Bourne Legacy with Jeremy Renner.

CASONE: I don't think so.


KELLY: It's really bad, yeah.

MCDOWELL: Did you see it?

KELLY: No. No, there's .

MCDOWELL: You're lucky.

KELLY: Yeah.

MCDOWELL: Its like burned into my mind.

KELLY: Did you just her it obviously you're just pursuing it.



KELLY: What the .

MCDOWELL: Yeah, thank goodness, maybe that's a .

CASONE: Sleeping.

MDOWELL: Come so far all weekend watching. Well, the talented Mr. Ripley was with Matt Damon, we'd have watched like 8,000 times unfortunately.

CASONE: You're a Damon fun.

MCDOWELL: No, I'm more of a good (ph) laughing. And that was terrific.

Coming up, oil price is looking for new hope at the start of a new month after plummeting in July. More on what it means for your wallet next and military leaders facing backlash for taking center stage at the Democratic and Republican convention.

General Jack Keane weighs in ahead.


MCDOWELL: Crude oil starting the new month where July left off down. Oil prices tumbling near 14 percent last month. Phil Flynn of price future group is at the CME Phil, what the heck is going on?

PHIL FLYNN, PRICE FUTURES GROUP: You know, today it's about more supply and concerns about demand, Dagen. And over the weekend of course there was an event in Iraq. ISIS had taken over some oil fields in Northern Iraq that went away very quickly. The Iraqi government over took those fields again and now we're concerned about supply.

OPEC production was on the rise once again because of return production in Nigeria. We also had a report out of Libya over the weekend that they're going to restart exporting oil and this comes at a time when demand is suspect. We did get some data out of China, manufacturing sector. Which really kind of mix better than expected but not reform, not the type of numbers you would expect to really make a dent in oil demand. You know, really this is a moot play. If we look at the month of July, you know, and we started July with a lot of optimism about demand, the market getting imbalance.

What really changed the momentum in July I believe really was the Brexit vote that really put doubt in the global economy and economic growth. You know now we are back to a situation where the oversupply looks sincere mendable because were very questionable about growth. U.S. brought numbers on Friday were terrible, doesn't do well for demand going forward.

MCDOWELL: Does this happen every summer there Phil? Is this the usual trajectory of oil prices as you go into summer they go up, ahead of the driving season, as you start winding down, they start falling?

FLYNN: They do, no doubt about it. In fact the 4th of July really we topped last year and we topped this year the peak of the summer driving season. But, you know, how big is that correction really comes down to how strong the economy and how strong growth is. You don't get have a 1 percent correction or 10 percent correction depends on demand.

KELLY: Phil, I was watching the price of oil and then I was comparing it to the rig counts, we are starting to see rig counts start to come up, do you think that's having a big impact? Because you know the rigs are starting to get more efficient and people can get more oil out of those rigs now.

FLYNN: It really is and the timing of the rig counts are coming online comes at a time when demand is weakening. You know the reason why those rig counts came back on line this could oil price has rally 60 percent form the low prices we saw earlier in the year.

But one thing we did notice in this week's rig count, we only added 2 rigs. So it shows that it may be slowing once again. So it's a very tenuous situation for the U.S. rig operators. It's great if they can bring up -- back production but if prices come back down, we're going to have to take the rigs back down as well.

MCDOWELL: And what about the kind of alternative producers here in the United States and what the bankruptcies that we already saw, many in per curious financial situations, that this make it that much worse for them?

FLYNN: I think it does it really does if we see another break in prices below $44 a barrel, and if it looks like it's going to stay there you are going to see more bankruptcies. And when we talk about alternative fields, you know, it's going to make it more difficult for those higher priced alternatives as well.

So there's a lot at play here right now and it's going to be a tough flood (ph) for the U.S. oil producer.

MCDOWELL: How low do we go Phil you want to through a number of?

FLYNN: You know it's a money gain right Dagen, you know, right now 41, 150 was the they support last week then 40 then 38 but it really depends about optimism about the future. You know, the glut will look a lot smaller if we think the economy is getting better, globally. You know and if the economy shows some signs of life, I don't think we are going to collapse like we did a year ago because that on think, things are that bad.

But, you know, in the meantime the mood is very negative U.S. got to watch this market keep an eye on the dollar that's another factor that last year really put pressure on the price of oil. If we see the dollar start to break a little bit, that should give oil some support.

MCDOWELL: Phil Flynn always great to see you even bright in early morning Phil thank you so much.

Still ahead Donald Trump and Hillary Clinton getting their first taste of presidential duties. The nominees set to receive intelligence briefings as soon as this week, more on what to expect and today could be the big day for tesla and solar city.

Coming up, details on the challenges for that merger that it could face, stay with us.


MCDOWELL: Welcome back I'm Dagen McDowell in for Maria Bartiromo. It's Monday, August 1st. You're top story at 6:30 a.m. eastern time.

Donald Trump and Hillary Clinton kicking of their first week of the general election campaign. Trump heads to the Rust Belt where Clinton gears up for an appearance at Berkshire Hathaway CEO Warren Buffett.

Meantime new questions being raise about military leaders getting involve in the race for the White House. Former deputy commander of U.S. Central Command, General John Allen ramping up his rhetoric on ABC this week.


GEN. JOHN ALLEN, FORMER DEPUTY COMMANDER, U.S. CENTRAL COMMAND: There has been progress with respect to the war against ISIS. He says our military can't win anymore. That's a direct insult to every single man and woman who's wearing a uniform today.


MCDOWELL: The first presidential debate eight weeks from today, but Donald Trump is pushing back the schedule since the events go up against NFL games. How the league is responding.

A devastating hot air balloon crash in Texas killing all 16 people on board. Details about what caused the accident and warnings coming up. The Summer Olympics kicking off Friday, and the bad news just keeps coming. Protesters filling the streets of Rio, calling for the country's president to be removed from office. A powerful moment at Dallas Cowboys' training camp -- a month after the ambush of the city's police officers, the team hosting the city's mayor, police chief, and family members of those slain officers.

Tesla closer to making its Solar City deal official. Reports say that the merger could be announced as soon as today, but it could be an uphill battle to get that deal approved. The stock up ahead of the open. Turning to broader markets, futures pointing to a mixed open. We have gains across the board at the moment. (inaudible) 22-point gain on the DOW futures with markets coming off a winning month in stocks. In Europe, stocks searching for direction there. There, losses in England and France. In Asia overnight, markets were mostly higher, a mixed pair of manufacturing reports weighing on investors, Shanghai being the sole loser there.

Talk about one winner -- one winning Powerball ticket. Find out if that ticket, worth a whopping 487 million smackers, was sold in your state.

Moving on to military, leaders facing backlash over their support of politicians at political events, particularly these conventions. Retired General Michael Flynn and John Allen both spoke at the Republican and Democratic conventions respectively to pledge their support for Donald Trump and Hillary Clinton. But a former military leader saying that they overstepped their bounds. In a letter to "The Washington Post", General Dempsey writes quote, politicians should take the advice of senior military leaders, but keep them off the stage. The American people should not wonder where their military leaders draw the line between military advice and political preference. Let's bring in Fox News military analyst, retired four star general, Jack Keane. General, always a pleasure to see you. What do you make of this? Should they stay off the convention stage?

GEN. JACK KEANE, FOX BUSINESS NETWORK MILITARY ANALYST: Yes, I believe they should. I mean, I totally agree with General Marty Dempsey. I know John Allen and Mike Flynn both; they're friends, and they're accomplish and distinguished general officers who served this country admirably. But this is the issue -- the reality is, the United States military is arguably the most respected institution in America. Why? Confidence of the people, people willing to sacrifice themselves to protect the nation, and the fact that it is a totally nonpartisan organization. It serves a president of the United States regardless of his or hers political affiliations and political policies. And that is a distinguished thing and separates itself from the rest of the U.S. government.

So when we have the retired general officers mount the stage and take such a political view in support of a candidate, he's on the stage because of his rank and his association with military. And I think what it does, it can erode the public's confidence in a nonpartisan organization like the United States military. And the second thing is, we never want our civilian national leaders to ever question whether the United States military has a political view or not. We want our soldiers to serve loyally regardless of the president's political views, and we don't want him to think that we have one as well. Of course, these two men have a right to vote, they have a right to express themselves, they should not publicly endorse candidates and stay off such a public display of partisan politics.