maria: welcome back. good tuesday morning, everybody. thanks very much for joining us this morning. i'm maria bartiromo. it is tuesday, february 1 13 um time for the hot topic of the hour. the house will vote on impeaching department of homeland security secretary alejandro mayorkas, republicans are expecting that their impeachment push will be successful as steve scalise returns to capitol hill following a cancer treatment, as an explosive new report titled how biden botched the border details how in-fighting and refusal to take responsibility led to the border crisis according to the report. president biden lit into his had team on board air force one on their way to the southern border back in 2023, january, you according to the report. a forming buy done administration senior official telling axios that border czar and vice president kamala harris has been at best ineffective and

at worst sporadically engaged and not seeing the border as her responsibility. susan rice is reportedly referring to the health and human services secretary by an explicit name, calls him an idiot, she, quote, privately called him an idiot over the migrant crisis. now the finger pointing is underway you in the administration. i have no doubt susan rice led by president obama is running things at the white house by the way. >> this blame game seems to be now the new solution of how they're trying to explain this away. i wish there would be responsibility taken. i mean, kamala harris' polling numbers are not doing well. maybe if she were to say, hey, we screwed up, here's you how we're going to fix things. we were talking about this in the last hour. you have democrats and republicans not taking action here. so let's say that secretary mayorkas does get impeached today. great. what's next? there are already people in the country that we are seeing

perpetrating crimes in times tis square. what happens there. maria: it probably dies in the senate. i know the house had has to do its job. they'll impeach him for dereliction of duty. once it gets to the senate it fails. the new york post is reporting the moped leader told the new york city police department that the crime department is, quote, much bigger than me. the pattern of robberies is linked by law a enforcement to a brutal venezuelan gang that is sending members to new york as part of the migrant wave. >> it's the cartels in mexico making money off human trafficking, venezuelan gang making money off of stealing phones and whatever they're doing in the big apple. combining all of these stories, i'm shocked by how far we've gotten from simplicity, none of this would be h happening if joe biden said trump did an okay job

on the border, we're going to keep the laws. we would not have anything to talk about with regard to the border for the last three and-a-half years. none of these issues would be present. we probably would still be talking about inflation, a lot of the other stupidity that the biden administration put forward but the border would be a non- issue. maria: under president trump border encounters were at a 40 year low, now we're at a 20 year high. >> the laws were working, the policies were working. when you undo all that, i'm shocked that the white house is shocked that there's now problems. what did you think was going to happen? maria: and what do we think is going to happen now? now that we've got 10 million people here illegally on joe biden's watch and we don't know how many were on the terrorist watch list. we know 50 of them in the last several months were on the terrorist watch list. president trump told he me he's expecting a terrorist attack on u.s. soil, 100%, he said. >> it's a bipartisan issue now.

if you were new york, you didn't care about the border. it's far, far away. now that we have the immigrant issue in new york city, i can't walk down the street without seeing a homeless problem like we've never seen before, it's on our doorstep. i have to think that tp only catalyst that -- that the only catalyst that can maybe pull a more bipartisan approach to this. maria: the other day my friend was on the highway, got off on 23rd street in new york city, women with babies are standing at the red light, speaking spanish, begging for money. coming up to the car with a bbaby on their back, begging for money. feels like brazil. >> or like what new york city was like 30 years ago. maria: that's what i saw when i was in brazil, people waiting with their babies on their backs and it happened on 23rd street. it's also happening at the gw bridge and lincoln tunnel. >> it's a horrible thing to

see. these people came here for a better life. how are we going to take care of them? in new york, you're hearing an order to fund housing for these migrants that you're rolling back funding for police departments, funding for education, the domino effect for our society, we're just beginning to see what's happening when you see that crime. this is going to impact the next generation in a way we can't even begin to imagine. maria: i get worried when i see people coming down the block on mopeds. who are they? are they part of the venezuelan gang we've been told about? >> you don't know. how did they the get their mopeds, how did they get their ability to do what they're doing? it's obviously because of funding, it's obviously part of something much bigger. to the point of being scared, yeah, i'd be scared. that's the reason i'm not going into the city doing fun things like you did a few short years ago. you mentioned downtown la, chicago, pick a city manufacture

.maria: it's unfortunate. we had the chief of the nypd patrol on yesterday, he said it's because people have no consequences. people st steal what had they wt to steal, no consequences. you shoot somebody, get processed, you're back on the street. >> it's crazy. they can go in and steal and there's no repercussions. in downtown san francisco, i was in the oakley section of the mall, they said they let them come in and take it. they walk in and take thousands of dollars worth of merchandise and walk out. maria: we've seen the videos. >> but don't be daniel pen p pennyand try to defend people, otherwise you'll get the book thrown at you. maria: markets are on the move ahead of the january cpi number coming out in an hour and-a-half, dow industrials down 66 going into the numbers, the nasdaq down 146, we'll bring you the numbers as they cross and we'll have the analysis. plus, the word on wall street is coming up after this break with some ex exec the stations and tn

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maria: welcome back ment it is time for word on wall street. top investors watching your money of. joining me now, ryan belanger. also with me ryan payne this morning. i want to kick things off with you with the market that is under pressure going into the cpi, dow industrials down 69, you've got the nasdaq down 139 and s&p down 22. we're waiting on earnings as well as data, coca-cola just

reported in line expectations. stock is up half a percent. it did report a beat on revenue but earnings were pretty much in line. we're waiting on lyft and airbnb after the bell tonight followed by kraft heinz. tomorrow, cisco systems could be a market mover. thursday we've got cisco and deere on friday. how would assess the earnings period so far. >> i would say it's been better than exacted, earnings beat about 8%, 75% of companies beat earnings this quarter. coke is a great example. they raised prices 8% year over year because of inflation, yet they're still growing earnings which means the consumers the continue to spend. what's considering about coke's earnings, a lot of their earnings come from latin america. their stock market outpaved the u.s. stock market the last year or two. the global economy is doing better. the bottom line is, earnings have come in better than

expected, looking at double eardigits earnings growth for 24 and 2025. i think the picture is pretty rosy. maria: you have been bullish and you're sticking to it. you're not going to waiver at all and you're -- waver at i'll a on your bullish position. do you agree with that? there's serious concerns about banks. new york community bank corp. be putting regional banks back in the spotlight as nearly 20% of the $4.7 trillion in outstanding u.s. commercial property loans coming due this year. ryan, that requires refinancing or property sales, something's got to give. the wall street journal writes investors are stockpiling fund, now they're scooping up dispressed commercial real estate properties. ryan, your thoughts. >> it's been something we've been wa watching for a while wih almost a trillion dollars coming

due in loans this year alone. i think the big winners will be the private equity firms that have been raising capital, hoarding cash the last few years, waiting for distress, kind of seeing this a few plays in advance and they're going to take advantage. you're already starting to see that, a lot of the loans are called in by regional banks that you mentioned but they're going back out almost immediately because there's cash on hand. i think that's the biggest difference as compared to 2008, when we were in a similar situation. we just didn't have as much cash on hand. now we're prepared for it so i don't see as much pain and distress as we had then but it's going to be a tough year for a lot of the players. maria: good point. maybe the distress is not what some expect. when we were in davos, howard lutnick told us to expect $700 billion in defaults around office space, steve schwarzman, largest owner of office nation the world said office space is not going well.

well. there's so much talk about tech. what's your thought there, nvidia briefly topped amazon in market value yesterday. demand for chips using a.i. computing driving forward this move in nvidia, microsoft, amazon. you're talking about multi trillion dollar companies. would you buy any of these right here, ryan? >> this ryan. i think it's starting to smell like late '90s market speculation fever if you ask me. if you look at valuations, the magnificent seven, the net worth of those are more than every stock that trades in europe right now. if you look at microsoft at $3 trillion it's worth literally double what the energy sector is in the u.s. if you look at free cash flow, it's 68 billion versus 135 billion for the entire energy sector so i think valuations at this point are getting pretty crazy. if you own big ebbing the, i think it's time the -- big tech, i think it's time to diversify.

i would own a position but it's over concentrate. maria: ryan, your thoughts on the same questions. microsoft is more than 3 trillion in market value. >> yeah, i really agree with ryan on that point. i think just there's so much concentration. 72% of the stock market last year, those companies in the s&p 500 underperformed the index so that's the highest percentage of stocks to not perform going back almost 40 years and it's really close to those '99 levels that ryan mentioned as well so you're seeing a huge amount of concentration, i think you've got to diversify out of those names. there's other opportunities in small caps and mid-caps that haven't participated with these big tech rallies. maria: i've been waiting for small caps to catch up for a while now. do think it's going to happen this year. >> i think there's an opportunity for it, on a valuation valuation perspective.

people own way too much big tech. you've got to rebalance your portfolio. maria: ryan, great to see you. thanks very much. ryan payne, you're sticking with us all morning. we're grateful. the house is expected to vote for a second time to impeach secretary mayorkas this morning as new york city mayor eric adams tries to get the migrant crisis in the big appep under control -- apple under control. he's imposing curfew for shelters. french hill will weigh in on what that. we'll talk about the foreign aid bill, we'll talk about that and digital currencies. you're watching "mornings with maria" live on fox business. ♪ in new york, concrete jungle where dreams are made of. ♪ there's nothing you can't do. ♪ now you're in new york. ♪ awkward question... is there going to be anything... -left over? -yeah.

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maria: welcome back was. new york city mayor eric adams issuing a curfew for some of the big apple's migrant shelters, fox business' madison alworth covering the story this morning. >> reporter: after a wave of crime, curfews are placed on an additional 20 migrant shelters. i want to show you a map, the locations have a curfew in place as of yesterday. this represents a fraction of the sigh's my -- city's migrant

population, it covers 3,600 migrants, a small portion of the roughly 67 migrants take are currently in more than 200 facilities in new york city. the curfew is in place from 11:00 p.m. until 6:00 a.m. critics say this does nothing to solve the problem. there are no consequences. >> you have a situation where the nypd is not going to be able to do anything about it and if they do do it, will people be prosecuted. in yoif you have a curfew and ye not going to enforce it and you're not going to prosecute it, it has no teeth and will be a waste of time. >> reporter: addadvocates argue this is on par with homeless citizens. this is for 24 shelters in new york city, a fraction of the migrants here. just over 3,000. again, as a reminder, we currently have 67,000 in new

york city over 120,000 have passed through new york since last spring. maria: unbelievable. madison, the numbers are incredible. thank you so much, madison alworth reporting. happening today, the house will hold a second vote to impeach homeland security secretary alejandro mayorkas. joining us now arkansas congressman, french hill, he is on the financial services committee, foreign affairs committee and permanent select committee on intelligence. great to see you. thank you so much. will this work this time, impeaching mayorkas? >> well, we hope to have steve scalise back this week. that was important. look, there's controversy about impeaching a cabinet officer. we haven't done it since 1876. we haven't rushed into it. hamilton said in the federalist papers it's a political act a. we're frustrated we're not getting the changes we want out of the biden administration.

mayorkas has been an uncooperative cabinet secretary, violated the you law, has not been truthful to congress. congress is fed up to it. this is the ultimate effort by congress to say if you don't have your act together and the president doesn't have his act together so we're taking this action. i expect it to be successful. maria: it really is ripping through the country, in big cities, particularly -- >> look at your story, look at your story. this is all you have to say, every state is a border state. now new york city, the biggest city, the most sophisticated city in the country is paralyzed by this. what more do we need to say that we need to shut the border and we know the steps to do it, we passed them in hr2. the president can take executive action to do it today, doesn't need more money, it needs action. this is disappointing to people and that's why mayorkas will pay this public relations price by being impeached for the first time since 1876. maria: the last year of the trump administration, 2020,

there were 405,000 encounters at the southern border. for just the month of december yalone last year there was almot that many, just for a month. tell us what trump had in place that slowed that down. >> first, he deported and said he would deport and actively deported criminal aliens. maria: if you were a criminal, you were going back. >> right. that sent a message big-time from all of the countries. secondly, he had a remain in mexico policy which complied with u.s. existing law. if you are going to seek asylum you have to do it from a third country. mexico cooperated with that if you were coming and fearful for your life you could wait in mexico and have your asylum hearing, you would be admitted to have the hearing. remain in mexico obviously worked. we said through title 42 during the pandemic we didn't want to have that flow and so those steps in my view took action

plus we built the wall and added forces there, customs and border patrol, and it worked. maria: i feel like -- critics say, todd, that president biden walked into the oval office and just wanted to overturn everything trump did. it didn't matter if the policy was working. he wanted to overturn and look where it's gotten us. >> it's not that he wanted to. it's that he did. maria: yeah, he did. >> and these things worked. i would add to what you said, congressman, he allowed i.c.e. and border patrol and all entities involved in policing our borders to do their jobs. and i did an i.c.e. ride-along during the trump administration and he said comparing the biden -- excuse me, the obama administration to the trump administration for the first time in years they felt like they could do their job. they felt like they could take these individuals who weren't supposed to be here and remove them from the country. to your point, maria, what does joe biden do? he undoes that and then some and look at the situation we're in.

maria: it's also republicans. you know that, congressman. look what passed in the senate. your colleagues in the senate, e put ukraine as the priority. the $95 billion foreign aid package passed half an hour ago, 60 billion for ukraine, 14 billion for israel, 4 billion for the indo-pacific region and 9 billion for gaza. chuck schumer spoke after the vote. watch this. >> today we made vladimir putin regret the day questioned america's resolve and we made clear to others like china's president xi not to test our determination. i believe that if speaker johnson brought this bill to the house floor, it will pass with the same strong bipartisan support. maria: well, we're not sure about that. ohio senator jd vance voted against this bill. he posted this on x, this morning the america last caucus got a $61 billion package out of the senate but paid dearly, the

house won't pass the current bill. we must fix this country before devoting more resources to ukraine. your thoughts? you just got back from ukraine. you met with president zelenskyy. >> i did. the ukrainians are running out of ammunition and the americans and europeans should partner to act to aid zelenskyy in defeating putin. why are we here? we're here because of the failed obama and biden policies about ukraine and we're here because of the biden policies at the border. we've got both these challenges. the american congress is pushing back on both of them. to say we should not fund ukraine is because biden is a failure at the border is not an argument i buy. we need to back them with diplomacy, economics and military strength and we need to secure the border. the linchpin is in incompetence of the biden administration.

let's confront it for what it is. joe biden is incompetent on foreign policy and it's a disaster at the bore. maria: and he won't take a cognitive test. he will take a physical coming up. the white house says biden's doctor doesn't believe a cognitive test is necessary and we know what robert hur said the other day, they won't prosecute him for handling classified documents because he's too feeble. your thoughts? >> it's frightening to me, because we need physician i cald mental acuity with the president. that's why i'm so strongly concerned about this. i think our voters are concerned can about this. where is the youth and dynamis that is the essence of america. maria: do you think mike johnson brings the bill to the floor. >> >> we need to have a strategy if we're not going to bring the bill up, how will we move israel, taiwan and ukraine and

let people vote how they want. these are priorities for the national security of the united states. we need to take action. maria: real quick on your digital assets package, you say it's all marked up. >> we have the committee process ready on the fit for purpose regulatory framework, bbipartisan support, we're ready to go to the house floor. the creating of a stable coin regime we have democratic and administration conversations still going on with our house leadership team but i think we're going to get there. maria: what's the most important point in the stable coin regulation? >> not overregulating it. not over -- making et it in such a way that it won't be practically useful. i think that's where we need to push and get the right answer. maria: a lot of information there, thank you. >> thanks, maria. maria: quick break and then best selling author, life and business strategist tony robinses is in the studio to tell us about the new book, the holy grail of investing. it's coming up next. you're watching "mornings with maria" live on fox business.

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maria: welcome back. former president trump has asked the supreme court to intervene in his immunity bid. cheryl casone with details now. >> maria, the former president is asking the supreme court to pause an appeals court decision rejecting his request for presidental immunity in the 2020 election case. the filing says, quote, without immunity from criminal prosecution the presidency as we know it will cease to exist. trump wants the high court to indefinitely delay the trial. he pleaded not guilty. as the investigation into misconduct by georgia distruck attorney fani willis continues, the judge overseeing president trump's case, said it could result in disqualify cakes, the judge confirming he will hold a

hearing on thursday over allegations that willis engaged in an improper afair with a special prosecutor she hired. the defense attorney arguing that it should disqualify her and her team from the case. jon stewart making his return to the daily show last night, nine years after he left the show. and he had a message for the president. watch this. >> allow me to present to you a one man show, about what joe biden's advisors were doing when he turned around and went back to the podium. the show is called no! do not go! please. but he went back. biden was referring to sisi the president of egypt. not mexico. unless it was even worse than that and he thinks the president of mexico is named si s.

>> he returned to the seat in an election year, saying it was the political environment that brought him back. he also says departure from a pell tv plus was kind of another reason that factored into this. yes, he is back just in time for november. maria: thank you. that was pretty funny, actually. well for decades alternative investments have helped people grow their growth to extraordinary levels, the average investor is inaware or don't have access to some of te opportunities that institutions have. my next guest outlines success beful asset et ma managers. life and business strategist and author of the book, holy great of investing, tony robins is with us. congratulations on the book. i mentioned during the commercial break what i like about what you've done here is you've talked to some of the biggest institutional players

out there and you've taken what they do, whether it's invest in private equity, venture capital, maybe pro sports teams and you brought it to the individual. tell me about the book. >> well, it's a third of my trilogy. i wasn't expecting to do a third book. i got access to these 13 individuals who rarely do any public interviews and so forth and these are the masters of the universe, these are people managing up to $100 billion funds and producing 20% compounded for decades, some of them 30%. these are numbers the general public would not imagine. what happened as you said, big institutions, pension funds, ultra wealthy people have had access to it for years. if you look at the s&p 500, you say how is has it done, it's ge at 9.2% compounded over time so about every eight years you're doubling your money. fantastic. if you took the same amount of moneynd a put it into privateing which at this, not the guys i -- private equity, not the guys

i've interviewed, 14.2%. imagine making 50% more per year compounded over the decades. if you put $1 million in the stock market 35 years ago and forgot about it, it's worth 27 million today. the same money in average private equity, you've got 139 million. want to educate the pu public at this. ray dalio told me about this. maria: that's great in terms of the lower risk. some of these opportunities also come with high fees. >> they all do. maria: we want to talk about that too. when you invest in a hedge fund you do two and 20. these guys are making huge fees from investors. how does the that play into this expected return you're talking about. >> that's the most exciting part of this. i was lamenting -- the rules have changed. congress is making it possible, someone can take a test and

qualify as a credit investor. it's so unfair for the richest people to have access to the best returns. here's what's interesting. i was lamenting because getting in the best firms they become closed as you know. they're sold out right away to the wealthiest people, the pension funds. i was lamenting to my friend, he said you've done so much, i have to tell you where i put most of my money. i'm leaning in because he's brilliant. there's a firm in houston, texas called kaz -- i said not new york, london, singapore. he said they've used huge sums of capital and you don't have to fight to get in the funds anymore. you can purchase and be part of the general partnership meaning you get the two and 20. they get 2% per year whether they the make you money or not and make 20% on the upside. people are willing to do that because the returns are so a amazing. you're shoulder to shoulder as partners. i'm in 65 of these firms, i'm a general partner. and you get access to funds that

they've done in the past, the present ones and the future ones so it gives you incredible opportunities to prosper just like the people that own the business. maria: chapter three is pro sports ownership. this is one that caught my eye because your average individual investor is not thinking about that. sports is big money. how am i getting exposed to pro sports ownership? >> they've changed the rules. yesterday in the new york times they described the only league that hasn't done it yet is the nfl. they're going to discuss it. but all the others have found the way for minority interest to be made with private equity. they have to have no leverage, it's a limited group. they can't own a team of their own. i went through this years ago. huge sums of money, a year to get through it. they have the ability -- i'm involved with the warriors and the utah jazz, the la rougers dodge -- ladodgers.

ray dalio said the magic, the holy grail of investing is finding eight to 12 uncorrelated investments that you believe in. you reduce risk 80% and keep the upside. sports is uncorrelated. inflation goes up, they charge more for a hot dog. they're not just out there putting butts in seats. had are media and real estate opportunities. i'll give you an example. peter, one of my dear friends, he bought the dodgers years ago. everybody said it was insane. maybe the dodgers are worth a billion. i went to peter and i know you're not a dummy, what are you doing, you paid 2 billion. i want to participate. i said why. he said i want to leave you on a cliff hearing. tuesday he announces he sold the local tv rights in la for the dodgers for $7 billion and

netted 5 billion so if you look at the top right now, over the last 10 years, these four sports have average ad 18% compounded over time, the s&p has been 11%. these are high returns. it's a business -- it's a monopoly. your fans, called fan attics, multigenerational a. it's amazing to have a piece of those. maria: everybody wants a piece of sports, live sports is where the money is. look at the streaming deal that was announced, discovery, fox, disney, all going to have all these -- i mean, that's going up against the nfl network. >> the top 100 shows last year, 92 were sports. if you do something at netflix, you have to spend fortunes. the cord cutters want to watch the ads. maria: private equity, a key focus. private equity is an opportunity to actually buy a company, take it private, these big institutions do it, make the

necessary changes you need and perhaps get another shot at taking it public gone. you say it is consistently outperforming traditional investments. >> every stock market in the world for 35 years, average private equity outproduced for 35 straight years. maria: 50% higher you say. >> in the s&p 500, 50% higher, average private equity and you have access to these guys, i explain here. these are the guys that are doing 20% compounded or more, some 30%. it's amazing. i'll tell you something else. what's valuable right now is private credit. with inflation happening, interest rates rising, if you have a mortgage on your phone and it's fixed rate, you're happy, it's 3%. if you're not, you're probably not happy at 8%. business loans, the private ebbing which you at this firms, the banks have shut down a lot of their lending since 12008 and especially regionally recently. so now these privateing which at private equityfirms loan them m. they're the same customers over and over again. there's 250,000 companies trading 100 million and

3 billion in financing, have less than 1% failure rate remember when people couldn't get money on bonds and going for junk bonds, 3.9% and taking big risks. we were getting 9% in private credit at that time. now the floating rates change, things that were 5 and 6 are now going 10 and 12, no more risk and the 2% fees and the profit of the company, you could own a piece of the company as well. it's amazing. maria: i like the notion of the book, the holy grail of investing. you're talking about eight opportunities. you are keeping it similar pl. it shouldn't be brain surgery. creating a portfolio for yourself to save and invest wisely over the long term. you speak with all these big shots who have done incredibly well, michael kim, will van lowe, ian charles, bill ford, david golab. did you take away anything on average that they all believed in?

any commonalities? what did you learn. >> most of them have a special you at this. if you look at vista and the impact they've had, they're all sass, software as a service. they know the business better than anybody. they have all the best ceos, the best technology to shift it and move it. maria: software as service. >> that would be vista, they produce unbelievable returns. robert smith is a jean with us, one of -- je -- genious. i think the great. combination that i like is -- when i wrote money master of the game, i interviewed 50 of the biggest, what i like about these guys is private equity used to tear things up and separate it out. it's too competitive now. now it's about adding value which is my way of business. we take a business and figure out how to make it better, stronger, more resourceful and sell it to a larger company or take it public and when things go down, they tied your money up

for five or 10 years, it's not as liquid. you give that up to have a great return. when the markets drop they don't have to sell. they can buy then. when the markets rise, they can sell. they have more flexibility. drops have been smaller during the bear markets and r and recos are faster. why doesn't the general population have it? i'm grateful to congress, they passed bipartisan, so you can literally take a test, no other of qualification, should be able to participate. maria: you speak with so many people. if you had to look at the country right now, the world and identify where the growth is, where is the growth right now that you see in the economy? >> i just spent time with you wy dalio, jeffrey gunlock. maria: is it a sector, geography. >> you're seeing huge changes in saudi arabia, huge changes

and expansion in those countries that are beside them, the growth is happening there and they're not wasting their resources on war. so they have resources. people talk about oil. oil will be around for a while obviously. maria: and of course you talk about it here also technology. how it's changing things. >> that's right. maria: you said software as a service, i remember mark andresa nsaid software eats everything. >> he wrote an entire article about it. if you can get inside of those things, even a small piece, you get extraordinary returns. it's like a.i., it's growing geometrically. maria: the book is holy grail of investing. pick it up. >> we're giving 100% of the profits to feeding america so while helping yourself you're helping other people too. maria: very nice. thank you for making sure we with understood that a, feeding america is the recipient. the biden campaign joining tiktok after the president banned it from federal devices. it's making a buzz this morning.

we've got all the details coming up. you're watching "mornings with maria" live on fox business.

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app being banned on government devices. kelly owe of grady has more. >> reporter: this is a shocking about face from the biden campaign. the big take away here is the concern is not only about national security but what message this sends to the american public. so just to give you a bit of context here, the campaign posted their first video during the super bowl this weekend, posted a couple more since then, this comes as part of a larger push to leverage social media. some democratic super pacs are spending over $1 million to partner with influencers this election season. this is a desperate attempt to reach young voters. in recent polling, 60% of voters between the age of 18 to 29 disapprove of president biden's job performance and the majority say they used tiktok. but the app being owned by a chai niece company really -- chai company presents security concerns. there's been an investigation.

it's banned on government devices since 2022. >> it's not approved for use on government devices and that remains the today. it does have to do with concerns about the preservation of data and the potential misuse of that data and privacy information by foreign actors. >> reporter: kirby declined to answer questions about the campaign's presence on tiktok. the biden campaign's actions are drawing scrutiny from both sides of the aisle as well as renewed calls to the ban the app and i'll share some sources that i have that used to work at tiktok, shared with me deep concerns not only about what data is collected but how it's stored and so i think the take away here is the biden campaign's decision to leverage this app could be called hypocritical at best and potentially dangerous at worst. maria: this is like a joke. this is incredible. is it a security risk or not a security risk, todd. >> it is a security risk.

maria: the biden many campaign just joined tiktok. you see what kelly is reporting here. they're trying to tell it's a security risk which i believe and yet they're using it to attract young people. which is it? >> when it comes to winning elections, democrats have no rules, whether it's let's open up the border and physical library in as many voters as possible through the open border system or it's a security issue on tiktok but it's not a security issue when it comes to elections so we can keep it. it's just hypocrisy. the thing that kills me is they're flouting it in front of our face. we could complain but they'll still do it. maria: there's pushback around xi jinping. he walks on egg shells around the chinese communist party anyways. >> i think we've seen president biden not really take a strong stance against xi jinping but the biggest issue here is that what data is the biden campaign sharing with tiktok? we know they're getting everything from us in terms of

our e-mails, text messages, what it tracks, just in terms of service we all say yes and don't read it but that's very concerning. maria: we'll be right back with more on this. you're watching "mornings with maria" live on fox business. stay with us. ♪

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