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tv   The Evening Edit  FOX Business  February 20, 2024 5:00pm-6:00pm EST

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that first time you take a step back. i made that. with your very own online store. i sold that. and you can manage it all in one place. i built this. and it was easy, with a partner that puts you first. godaddy. larry: you know, israel has every right to command unconditional surrender or destruction of hamas. and the u.s., biden should stay out of the way and not interfeet. they are our great friend and democracy ally, and everyone should unconditionally watch liz macdonald. elizabeth: you are so generous to me, larry.
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we missed you terribly. we were so sad without you with, larry kudlow. thanks for copping back. okay, let's get right at it. new developments coming in, let's get right to fox news contributor and radio host and author, multiple books, tammy bruce, also conservative commentator kaylee mcghee white. tammy, first to you. what do you make of this news out of ax a owes, somebody's leaking at the white house? the president's going to try to reset his message with the state of the union address? they're afraid he's going to lose the election, they need to jump-start his campaign. what do you say to this leak? >> well, i don't know if it's a leak so much as it is just people coming up out of their coma. all of these things americans have known, every state of the union address really is seen as some -- it's a political speech, obviously, all of this is political. but it e tells you that there is a recognition that everything they do they're aware of what they do. they're not under, you know, some cloud in their imagining
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things from the bad policy to the horrible economy, to the remarkable stand on israel, they're not confused. they know what it is they're doing, they know the impacts, and now this is the problem. when you can't defend what you've done, which the biden administration can't do, then you've got to start thinking about how to gaslight people differently or more or in a different venue. so, you know, they're going to be trying things, but it he'd actually just done his job and if the left wasn't interesting in just destroying the country, then they wouldn't be worrying about this right now, would they? if. elizabeth: yeah. so what tammy just said, kaylee, critics are saying this is deeply cynical messaging out of the white house to ax a owes, that they're floating, you know, this trial balloon, that the president reportedly may sign an executive the order to be game-changer on the border crisis when he collapsed the border after he did, as tammy's already pointed out in other shows, nearly a hundred executive actions in his first
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100 days wiping out trump's policies. so is the president going to bring back trump's policies like remain in mexico. >> no, absolutely not. this is just a bluff. and, quite frankly, even if he went through with this, it would be way too little, way too late. and what's remarkable about this axios leak is that biden's team hopes to use the state of the union not to tunnel pet -- drum pit his policies, but i to prove that he is still physically capable of doing the job. they are very concerned right now that biden's age is going to cost him the election. so they want him to be able to get through the speech without make a gaffe, without making any blunders. however, even if he's able to do that, that is the bare minimum expectation of the job that he was elected to do. he's not overperforming expectations by simply giving a speech. he is constitutionally required to stand before congress to give them an update on the state of the union. so if biden thinks that this is what's going to save his
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campaign, he can forget about it. elizabeth: yeah. so what kaylee just said, you know, tammy, we've been looking at the polling and the analysis out of gallup, out of emerson, quinnipiac, pew if research. you know, these are -- they're nonpartisan. monmouth too. it's clear the polling is bad for president biden. he's losing fast almost all of the demographics and democrat voting blocs, and he needs to win. he has consistently trail thed trump in polls both nationally and, more importantly, in the swing states. and, tammy, gallup says that biden's approval rating at a just 39% is at the level where incumbents lose. >> yeah. welsh you know, i think he's the closest to where george h.w. bush was when he did not get a second term. you're looking at a dynamic this america where americans understand what's going on. what they don't like, they face every day in their own life, they're not reliant on the media to explain it to them or for joe biden to explain it e to them at
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a state of the union address. i would also argue that now he's so behind the 8-ball that a if he does an executive action or does things to stop the border crisis, it tells you that he always could have done this. it reminds the american people that there are things that he could have done that he chose not to do. so no matter what he does at this point, the american people are informed. we see that in the polls. that's what's reflect pded. as you mentioned across, i think, every demographic, and there -- at this point they thought lawfare against donald trump was going to be enough. talk about boxing yourself into a corner where you just presume that the american people were morons and that they would go along to get along, their win and the way they did it in 2020 is their albatross because they can't do it again. elizabeth: why, to what tammy just said, why wait until the
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state of the union? why not fix the border right now in this is going to come across as deeply cynical. voters want to feel safe. they don't feel safe under this white house. kaylee, let's get your reaction to border patrol council president brandon judd. watch this. >> governor hobbs and governor newsom, they need to look at what texas is doing and recognize that if it weren't for texas -- if it wasn't for the government of texas, they would still be underwater and inundated. these are certain things that we can do. it proves that barriers work. it proves that a walls work. it proves that infrastructure works. elizabeth: so is the president going to say yes to a border wall? kay canlee, stay on this for a second -- kaylee are. this white house, the biden doj sued arizona after a citizen put containers up for a barrier. they had to take them away. the biden white house sent border agents to cut down texas' razor wire fencing. texas is saying we're standing tall, we're going to ignore if you, president biden. you're not making america safe.
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so can -- when the american people see these actions that tammy's pointing out, how are they going to react if he says in the state of the union, oh, i'm going to fix the border now? >> right, exactly. and the fact is that biden could help himself here by simply enforcing the law as a it is written, and yet he refuses to do so which is akin to committing political suicide at this point. and the reason why is because this open borders agenda is the left's agenda, and he cannot abandon it now. elizabeth: got it. tammy, kaylee, you guys are terrific. it's good to see you both. thanks again. >> thank you. >> thank you. elizabeth: okay, this story, let's e get right to it, former president trump's legal team preparing to appeal what many legal critics and experts say is an over the top, unconstitutional a, politicized $355 million civil fraud if ruling against him in new york. if let's get right to kelly o'grady outside trump tower in new york city with more on what's at stake.
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good to see you, kelly. >> reporter: it's great to see you too, liz. and really the fallout here could be on two fronts. potentially trump's new york portfolio, but also the new york business community at large. now, he he faces a monster fine if you include interest, $450 million. one way he could yet to that number is by selling properties like this one behind, true trump tower, perhaps even some of his golf courses. in a non-appeal scenario should the former president not come up with that money, the state could seize his properties. he has confirmed he will appeal, but he will still have to put up that full $450 million within 30 days of friday's ruling, so the cash could either go into an escrow considerate -- account or post a bond. legal experts tell me there are clear arguments for an appeal here. there were no victims in this case, and precedent indicates victim testimony is crucial for a liable ruling. there was none here. and that exact fact has new york businesses very jilter the thely, liz.
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could other real estate developers, over industries be next? >> if you're on the right and, you know, you want to be vocal about a it, you really should be very careful before you do business in new york state. i think that keeps ratcheting up. if you want to be vocal on it, then you really should not invest. and if you want to run for office on the right, get out and never look back. this is weaponizing, you know, justice. >> reporter: now, a judge has reserved the right to put dissolving trump's businesses back on the table at a future date. it's called the corporate death penalty, i bet you can guess why businesses are worried about that one too. back to you. elizabeth: kelly, great reporting as always. terrific journalism from kelly o'grady. let's bring in cully stimson. it's great to see you again. we appreciate you and your expertise. you know, this sounds like a target-rich, constitutional problem p. constitutional due process violations against the former president.
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if just take out the word trump. what do you think of jonathan turley saying there's a clearly unconstitutional poison pill that before president trump can even appeal, under new york law he's got to deposit that full $450 million amount in an escrow account before he can appeal? >> yeah. this is part of the full court press the kneecap president trump every which way to sunday legally. whether it's criminal charges, civil charges, etc. and remember, liz, that the civil fraud is essentially pulling the wool over the eyes of a vick, and then the victim -- of a victim, and then the victim debt resultally relied on that fraud, but there's no victim here. the banks who he was dealing with are san francisco candidated cats. they know -- sophisticated cats. of course, president trump engaged in a little believuation, but a lot of real estate developers do, and they continue to do business with him. i think on apeel not only is he going to make the excessive fines argument, clearly, but also that there was no victim
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here. so i think he has ample grounds to appeal this. elizabeth: so eighth amendment, again, what you just said, to victim, but restitution. that's confusing people, rights? -- right? and, you know, it's a business death penalty, effectively. the due process violations, his business gets wiped out with no jury, no victims, he's not allowed to get a loan in new york to help pay for this. let's get your reaction to jonathan turley on this poison pill aspect, and you're going to see trump attorney alina habba on this. watch this. >> and what's really insidious about this is that there's another provision in new york law that requires trump to pony up the full amount or to get a bond for that amount just to appeal if this decision. so it's sort of a perverse incentive for figures like this judge. ing if you -- he made this so is large that it could force trump to liquidate assets in new york just to be able to get can other judges to look at this. so it's a grossly unfair
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situation, rain if i expect a lot of businesses are very uneasy after watching this unfold. >> within 30 days even if we choose to appeal this, which we will, we have to post the bond which is the full amount and some, and we will be are prepared to do that. elizabeth: culley, your reaction to that because the associated press and the new york time, they looked at the case history here. they've not seen anything like this. >> that's because trump is suis generous. he's a unique individual. i think it's actually a double death penalty here because not only does the state law require you to post the money bond, that happens in other states, but real estate is illiquid, as you know. so all of his assets were tide up in stocks or bonds -- tide up in stocks or bonds or even etfs, he could liquidate that at par if value, whatever it was selling for on the market but commercial real estate, especially with the interest rates where they are today and the illiquidity in the
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hending -- lending markets? he's not going to be able to sell this in 30 days, and he's going to have to come up with the cash, and cash is king -- elizabeth: that's a great point, you just made. by the way, is he going to get fair market value? because if the commercial if real estate market ooh's not doing well. it just feels unfair if as you pointed out. he's got to appeal reportedly at the appellate version first, but won't that take time? couldn't this case last until, say, 2025 or longer? >> well, appeals counts aren't known for quick -- courts aren't known for quick opinions a although we may see an opinion tomorrow from the supreme court supreme court on the 14th amendment colorado case, and i wouldn't be surprised if that happens, liz. but, yes. i think in this situation you actually may see the new york appeals courts take quick action to either stay the ruling or stay the imposition of the bond pending the ruling. but we don't know what the ea
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peels court's going to do. when you with read that opinion, and i've read that 92-page opinion, this judge did not come across as a neutral and detached magistrate. he clearly has trump under his skin, and you could see that from the language he used in that opinion, and that a pay alone be enough for this appeals court to say, whoa, whoa, let's back off and and take a breather here. elizabeth: so smart, cully stimson. we appreciate you coming on. even if this goes to the supreme court, we will foil. still ahead, congressmen jeff van due and tim -- van drew and tim burchett and o'leary ventures' chairman kevin o'leary, he is mr. wonderful. okay, did you see this new reality check from democrat senator joe manchin that the white house, quote, went too far left? away from where america is? we're going to take it on and what to watch for with the biden impeachment inquiry about to interview james biden -- james biden tomorrow and hunter biden
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next week. and the surprising secret of why you may not want to buy an electric car. it's not what you think. it's not about the cost, it's not about the lack of charging stations. we're going to get into it. also gop senators gland senate democrats -- demand senate dem -- [inaudible] and this story, new york taxpayers now have to pay for potentially a $2.5 billion debit card boondoggle for illegal immigrants. and we've got seattle talk radio host jason rantz. he's a great writer, he's written books. the white house pressures even "the new york times" to stop coughing the president's -- covering the president's age issue? more polls show the majority of americans and democrats believe the president is too old to serve again. all of this tonight on "the evening edit." ♪ ♪
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i think he's having a midlife crisis i'm not. you got us t-mobile home internet lite. after a week of streaming they knocked us down... ...to dial up speeds. like from the 90s. great times. all i can do say is that my life is pre-- i like watching the puddles gather rain. -hey, your mom and i procreated to that song. oh, ew! i think you've said enough. why don't we just switch to xfinity like everyone else? then you would know what year it was. i know what year it is. elizabeth: okay, we're excited to have back on the show the host of the jason rantz radio show, the author of "what's killing america. inside the radical left's tragic destruction of our cities," he is jason rantz. jason, it's good to see you again. okay, these stories are coming out. what do you make of the biden white house pan if inning over voter policy saying he's too old
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to run again? democrats saying that. but they're now pressuring newspapers like even "the new york times" to back down on covering the president's age? he's the oldest president in history. >> yeah, they obviously should be panicked because he is, in fact, too old to be president. and i think anyone who actually sees him speak going to that press conference just two weeks ago even, it was a total disaster, and it just makes the point that people should be concerned. i'm not surprised that there's pressure on the media. they're doing that because there's a sense of entitlement. they've been treated very, you know, i would argue unfairly. but to their perspective, fairly because they haven't really been criticized. and if so if you have this expectation moving forward that you're not going to face any sort of criticism and the moment you get it, of course you're going to be outraged. so it makes sense that they're putting on the pressure much to, i think, the dismay of the general public that media outlets actually agree to go easy on him. elizabeth: yeah. we've seen, or you know, we started seeing, for example, out
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of the clinton campaign back in the '90s where the clinton campaign aides were calling the media and bullying them. we saw that out of the biden campaign in 20 20, calling the media and bullying them. you know, the media only just now started covering the president's cognitive issues after special counsel robert hur in his report noted that he's got diminished faculties and memory problems. but now they don't like seeing maureen dowd and other op-ed writers at the new york times cover it. >> yeah. and let's be clear, the coverage hasn't even been all that critical. it's just bringing up the issue, there's mom criticism is, of course, but this is not over the top and not even relentless in any way, not the way that you've seen criticisms of donald trump, and frankly, any republican who might speak up or say something that goes against some of the establishment positions of democrats. elizabeth: yeah. >> i don't even think they're going over the line. they're just reflecting reality, and at some point you can't completely hide the fact that the public is concerned because
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they're speaking out so loudly. elizabeth: yeah. of watch this from democratic lawmaker debbie dingell, and you're going to hear jon stewart. watch this. [audio difficulty] >> i think the campaign needs to let him be out there, and i'm also sick of them talking about his age. >> i think it's better to deal head on with what's an apparent if issue to people. i mean, we're just talking here. that. [laughter] >> and mary trump tweeting: not only is spew wart's both sides of the same rhetoric not funny, it's a potential disaster for democracy. >> it was a [bleep] joke! it was 20 minutes! i did 20 minutes and -- [inaudible] [laughter] but i guess as the famous saying goes, democracy dies in discussion. [laughter] but, look, i have sipped against you. i'm sorry.
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laugh -- sinned against you. [laughter] it was never my intention to say out loud what i saw with my eyes and then brain. [laughter] elizabeth: what he saw was, he was talking about the president's age issues, but he only did 20 minutes on it, but jon stewart's getting hammered. let's show what maureen dowd and other new york times op-ed writers were saying about the president's age. the other point is, jason, that vic is to have davis hanson and swrp than turley, they're pointing out it's more than just old age. the president misled america multiple times in his recent address to the nation about the special counsel report: he mischaracterized the report claiming that, you know, special counsel hur brought up his son beau 's death when the president did, he claims that he immediately notified authorities about his unlawful retention of classified docs when he waited years to do that. you know, more and more and more. there was multiple ways he misled america. what do you think? >> well, i mean, in absolute
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fairness, is it possible that he didn't mislead anyone, that he doesn't remember? which plays into the very concerns that americans have, that he just from a mental cognitive perspective, he's just not able to fully function the way that he's supposed to, the way that we need a president too. elizabeth: nate silver, he's at 538, he pick pd up that the president's polls, that he saw a problem in the summer that they were staying down despite inflation, you know, kind of pulling back, the economy getting better, and he figured out why it's because people are worried about his age. they don't think he should run again. jason rants, you've been terrific. thank you for joining us tonight. it's good to see you. >> thank you. elizabeth: coming up, mr. wonderful himself, kevin o'leary. he's the chairman of o'leary ventures. look at that smile. we want kevin's reaction to democrat senator joe manchin rattling the biden white house, stating what everyone elysees, that the it has -- else sees, that it has gone too far left. plus, the new big problems
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why the president's electric car push is stalling out. plus, congressman jeff van drew is joining us. gop senators warn about an unprecedented democrat senate effort to stop the impeachment trial of dhs secretary alejandro mayorkas on "the evening edit," next. ♪ there are many ways to do things. at old dominion freight line, we do them this way. this way has people who start early. people who care
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i have enough energy to exercise every day. (energetic music fades) elizabeth: look who's back with us, one of our favorite guests from house judiciary, congressman jeff van drew. we love having you on. we'd love to get your take on what's going on in the senate. we're hearing that more than a dozen republican senators led by senators mike lee and ted cruz, they sent a letter demanding senate minority leader mitch if mcconnell, quote, fully engage their constitutional duty, hold that impeachment trial of homeland security secretary mayorkas, but they're saying they fear the democrat-led senate will drop it? will senator mitch mcconnell push for this? what are you hearing?
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>> well, or first of all, we should be pushing it. they should be doing it. let's be clear, this wasn't arbitrary. mayorkas swore an oath. he swore to protect the constitution of the united states of america and to protect the the american people. i mean, this is a serious issue. what he has done to this country and his president, biden, has done is just unbelievably harmful. we all know it. they should do their job. they should move forward with the process. i don't believe that they will. i believe there are those that are good senators there that will rally for it, but i don't believe they're going to do anything. elizabeth: you don't think they're going to have a trial? because ted cruz says this is a chance for republican leaders to show some backbone. they're saying it would be unprecedented for senate democrats to drop an impeachment trial of a cabinet member. >> i think they're afraid to have the trial, because if they have the trial, it's something that we're all going to see and watch, we're going to watch it unravel and unfold, and what will unravel is the story that
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they want to tell us that they've done their job to control the border. you know, mayorkas appeared before my committee twice, and he just lied to the entire committee. i mean, he perjured himself, and he said that the border was completely under control and then changed his mind at another appearance and said, well, it really wasn't under control. i don't think he knows or cares what the difference is. but this i will say, liz, this border has been kept open on purpose, knowingly. they wanted to allow all of these individuals, some of whom are dangerous, into the united states of america. finish and i believe that is impeachable. that's why i proudly voted for the impeachment, and that's why they should is have this hearing in the senate. i hope that they do, i certainly would encourage them. i'm proud of the the senators who have encouraged them, and ted cruz is right on this point. elizabeth: okay. so then, you know, you're a new jersey congressman. you know, we're doing the show out of new york city.
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what do you think about the news about new york city's debit card booning doggle, up to $2.5 billion potentially in free cash giveaways, free debit cards to illegal aliens? you know, the journal journalist who wrote this story, she discovered the city gave a new no-bid contract to just one contractor to hand out in bulk these free debit cards loaded up with $1,000, free cash to illegal immigrants paid for by taxpayers. isn't this ripe for more waste, fraud and abuse? >> it is. and, you know, that's something that should be looked into more in the congress, and i'm going actually, you know, he can all that's going on -- check and all that's going on in the departments of waste, fraud and abuse because it's at every level. this is particularly hurtful. somehow still can't give all the care that our veterans need, we can't take care of, you know, some of the housing issues and some of the problems that we have in this country. so many good people. we hear discussions of, oh,
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social security may have to be cut, medicare may have to be cut. not on my watch. and i'll tell you this, you know, we ought to worry more about the good people who break their back working in the united states of america every day than individuals who come here illegally with no regard to our laws and our systems. it's wrong, what they're doing. the debit cards are wrong, and it should be stopped. elizabeth: you need an id for welfare programs, you don't need an id to just -- they're going to drop off in bulk these debit cards. no controls, no id, no restrictions, no safeguards. i mean, this is just -- i mean, we're on new ground here. final word. quickly, sorry we're running out of time. >> they want to give them licenses and id cards, and the final word real quickly is the bill that the9 senate produced on the open borders and illegal immigration was awful, and it was terrible, an insult to the american people. elizabeth: congressman van drew, thanks for joining us. now, we're going to bring in o'leary ventures chairman,
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mr. wonderful, kevin o'leary. okay. let's first get your reaction to senator joe manchin. watch this. >> you also said that in a president you're looking for someone, you said is, who has the knowledge, has the function and has the ability to do that jutte there, to bring this country together. is joe biden that candidate? >> well, that's what -- that's the joe biden i used to know. i mean, and i've had this conversation with him and with his people, that he's gone too far to the left. they've pushed him and pulled him and whatever, but that's not where america is. that that's not where our country is. elizabeth: not where america is, too far left. what do you say, kevin? >> i know joe manchin is a pretty pragmatic individual. i've met him because i'm interested in doing business in west virginia. and as we've all learned from yesterday's decision in new york, before you put a big project, anybody, anywhere, you better understand where the wind blows with the senators and the governors. so i go to these states, and
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that's where i met manchin and in washington. what i like about him is he's really in many ways a nonpartisan, pro-business politician. and we don't have many of those. so he's kind of like an asset9, a national asset, because you think about it, he just wants people to do well, and that's really what he's talking about. it's hard to get partisan with joe manchin. elizabeth: you know the other thing too about a going too far left, and you've talked about this, americans are not buying electric cars. they're still at less than 10% of the market. but the dirty secret about electric cars is they reportedly lose their battery power, something like half their battery power in about 10 years. their resale value drops faster than gas cars. i mean, that's on top of the expensive costs to buy them. plus, we're hearing now that uaw workers are really worried about, quote, tens of thousands of job losses.
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at carmakers because they need less manpower to produce electric cars. and, you know, that job losses also, kevin, could come not just in manufacturing, but also in insurance and elsewhere. reports of layoffs at even, you know, the lithium and nickel mining companies for electric car batteries because people don't want the cars. >> yeah. there's a memory loss aspect to batteries. this happens with any lithium battery, and it's starting to manifest itself because some of these cars are getting into older age, past seven years, and people are starting to see the dropoff in their ability, their capacity to store electricity, so the overall mileage goes down. the real problem with the evs mandate was it was just that, it was government trying to mandate a conversion. it was the same problem that came up in the recent climate change, the global climate change conference when finally most countries admitted, look, there's no such is thing as replacing hydrocarbons. there's diversion my e case away from hydrocarbons, but there's no path to emergency?
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security for -- energy security for any country. and while that a conference was on, i was there. the british said, sorry, everybody, we're going to start pumping oil again because of what's going on in ukraine. and at the same time last week you're starting to see financial companies like jpmorgan saying, look, we can't stay with these mandate, they don't make sense. everybody has to suck it up now and realize this is going to take a lot longer than people thought, including the ev conversion. the basic problem with exvs is that the mid market where the majority of cars are sold is they're too expensive. elizabeth: yeah. it's like buying a luxury car that's more, you know, one car costs more than a median income of this country. kevin o'leary, we always appreciate you and your insights. you're so smart. please come back, we love having you on. okay, this story coming up, we've got new trouble for the white house, more attacks by iranian-backed houthis in the red sea. they're not backing down even after airstrikes. we got former deputy national security adviser kt mcfarland,
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we love kt, it's so good to see her again. she's going to break this down and also talk to us about where the white house policy went wrong. that's coming up on "the evening edit." but i'm really excited to hear what's coming up on "the bottom line." sean: hey, e-mac. we're going to talk about joe biden going on a fund raising spree in california. as well as nancy pelosi wondering out loud what does putin have over donald trump. of we have governor mike huckabee as well as jason chaffetz onboard. dagen: charlie hurt is here to talk about kamala harris' trip to pittsburgh where she talks about clean water. well, their agenda's been about cleaning up the climate, right? not about making our lives better. and then tomi lahren, she's on our power panel. the rotten apple, faked and stealing packages, you get away with that. you try and fight 'em off and you wind up cuffed. top of the hour.
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elizabeth: let's get you upday-to-day on this story. we've been tracking a number of wall street economists warning that that this is a dirty secret to inflation staying high. it reportedly has the white house deeply concerned about the president's re-election bid.
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shipping costs again on the rise as houthi militants again accelerate their attacks on ships in the red red sea. this was just days after u.s. sanctions went into effect. edward laurent has more from washington. -- edward lawrence has more from washington. >> reporter: it all works together to put pressure if on inflation, and that's how the attacks in the red sea are affecting all americans. right now ships avoiding the red sea as part of the con intention of that, gas prices have started to inch up. aaa said a gallon of regular unlead ared is $3.27, that's 5 cents more than a week ago and 19 cents more a gallon than a month if ago. that pressure on inflation will not let up. from the if end of november to last week, the cost of a shipping con tainor from asia to the west coast of the united states is up 203%. in that same time frame, the price of a container up 186% from asia to the east coast of the u.s. all because ships are being
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rerouted around the red sea. now, within the past 36 hours, the houthis struck a u.k.-owned vessel, forcing the crew to abandon ship. also houthi missiles hit two u.s. container ships, one of them carrying grain to yemen which is in the mud of a famine p. the -- middle of a famine. the u.s. has been unable to shut down supply lines from iran. >> we've continued to conduct coalition strikes and dynamic strikes in houthi-controlled areas in gemmen -- yemen, so we have been able to degrade the houthis' capabilities. >> reporter: yet the attacks continue. the president has a not weighed in on this yet specifically. he will arrive in the los angeles area later on this evening for a campaign vent. liz? elizabeth: edward lawrence, that was a really great piece of journalism there. let's welcome back to the show one of our favorite guests, former deputy national security adviser kt mcfarland. kt, it's good to see you again. what do you make of what edward just reported? >> look, there -- this
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administration, which is also the obama administration's policy towards iran, has been a complete failure. all regards. it's an economic failure and it's been a foreign policy failure. and here we are in the middle east whereas ed warred and you have just pointed out, the world economy -- which is not in terrific shape right now -- is taking a big hit because iran through its proxies is deciding who gets to ship in and out of the middle east. the second par -- part of it though which is a real concern for the united states, is even though the biden administration says, welsh we're bombing this, we're bombing that, they have not significantly degraded the ability of the houthis to attack american or other vessels in the red sea is. so we are one missile away from an american vessel being sunk, from a mass casualty attack which would bring the united states into a conflict, a direct conflict, which we don't want, which we don't know how to fight and which could have been prevented. elizabeth: you know, that's pretty significant, what you just said, kt, because didn't these iranian-backed houthis, didn't they sink a british ship
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in the red sea on sunday? >> they have. i mean, so far they've not had any casualties, direct casualties, but, you know, it really is just a matter of getting lucky. now, why is that? because the administration's policy is not to really go in and destroy where the missiles are coming from or where the drones are being launched from. they're plague, like, a perimeter defense. they're catching the missile just as it's about to hit an american stress e vessel or ally or commercial ship. they're succeed anything doing that. but one is going to get through at some point. a british ship was sunk, and it's a matter of time before people are killed. elizabeth: we can sense how concerned you are and the urgency of this, k tnchts i mean, they attacked two u.s. ships in the gulf of aden yesterday, you know? they hit that u.k.-owned bulk carrier ship on sunday. they, you know, iran's militants have launched at least 170 attacks on u.s. facilities in the mideast since october 7th, but, you know, i thought the u.s. was doing retaliatory
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strikes and the biden policy was going to shut this down. now, did you see those numbers edward just reported? cost for cargo shipping triple, doubling and tripling from asia to the west coast, also to the east coast in just three months' time? >> and it's going to get worse because there's nothing that's stopping -- if you iran right now, you're feeling pretty good, right? if you're destroying the world economy, you're determining who gets to come in and out of the red sea, you're determining the safety of vessels trout the region. your feel -- throughout the region. you're feeling pretty good -- elizabeth: what would you do? >> what do those mullahs care about? i would go after them economically in a really hard way, and and i would go after all the sites in yemen and other places where this missile launchers and the drones are coming from. we know where they are. shut 'em down. not 20 degrade, 100% degrade them. elizabeth: kt mcfarland, love your passion and your smartses. it's good to see you. coming up, congressman tim
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burchett from house oversight. it is full steam ahead. next up we've got the president's brother with or, james biden, he will talk to the house impeachment inquiry tomorrow. new allegations surfacing how james biden used his powerful brother, joe biden, to open doors for profitable business deals for the family. it's coming up on "the evening edit." ♪ ♪ finish progressive makes it easy to save with a quick commercial auto quote online. so you can get back to your monster to-do list. -really? -get a quote at progresivecommercial.com. before you use ai to transform business, accelerate growth, predict trends, you need to begin with trust. introducing watsonx governance.
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liz: back with is now congressman tim of f's oversights could see again congressman okay, talk about this, we have james biden, is scheduled to sit for a transcribed interview tomorrow,e oversight before your committee and then hundred biden, week on february 28 in our unit colleagues getting more details about whether president joe biden to directly profit off of his family's business dealings. >> yes, $20 million weapons family in and around different corporations and the legs when you know is his brother actually gave him row joy check for $200,000 it was a same day that this group in america or is now bankrupt of course, and james biden loaned him 606,000th personal business count and he
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gave them 40000 part of that mess corporations to vigilantly to individuals don't expect anything in return and of course, james biden actually said cook that was sitting next to joe, during a call about this americorps group. sue completely contradicts everything the president said prior to this point and this is his own brother who said this liz: so the 200,000 object impressiveness was just a loan. >> what you know, you $2000 like mexico alone my brother well my brother mike, $50, two christmases ago next to us and so i don't know. liz: put me on the phone of them in august that $50 back for you. tim: okay. liz: $200,000, alone coming sloshing around. tim: limits be one heck of a pickup truck of the loading the money for the democrats come they just will you and others get their talking points and they just regurgitate them out in the mainstream media says the
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same thing we have no proof will this is proof, this is money there is a cash trail there's money crackers and only thing more about seeing is our do nothing justice department enforcing law for the irs saying that they paid any taxes on any of this money that's what i would like to see. liz: i think a federal bribery laws said that if even if it's a family member, vestal consider bribery and you know this political report, that political put outcome of the james biden centered his consulting work, at americorps at americorps was operating the hospitals now accused of medicare want to know bankrupt at that he was leveraging joe biden and his connections with joe biden and that basically, they were talking about putting joe biden on the border under board of the miracle giving him an equity stake. and they were talking about how the government money could flow towards americorps, via james biden connection with joe biden.
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tim: exactly here's another reason they would hire him, under any of these other classes thing is a joe biden's relatives and joe biden was obviously profiting from his $200,000. this thing stinks shady again, they refuse to do anything but the justice department and because america needs to know why we need to hold these people accountable is that everybody gets this. this washington dc coming from just really influence is going pushing the envelope on this. liz: and you the other thing, politico said that at east through the presidents family members were also employed by americorps, jim biden's sarah, hson jimmy and hunter biden also bit with america ceo to sources americorps, the things that is how therapy was before putting cash flows and off-balance-sheet companies in a number of them
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and network of them and why do that. tim: will you had over 20000 have over 20 bank accounts i don't know about you but i keep all of my money in one think account. and you know 20 bank accounts, this is ridiculous obviously money-laundering initial corporations overseas united about an they are turning a blind eye to the biden family the scene. this reminds people from 20 million people decide not to do less time we get to three congressman colby following the testimony of hunter and james biden journeys morrow public unit general keith kellogg in from the numbers of the new york post fun-loving and i am elizabeth mcdonald now it is time for my buddies at the bottom line, da one. dagen: good to see you

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