tv The Evening Edit FOX Business July 5, 2024 5:00pm-6:00pm EDT
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david: well,ing thank you so much for watching this special petition of "kudlow." larry is going to be back on monday, but first, jackie deangelis is here n for liz macdonald, up next. jackie: thank you so much, david. have a wonderful weekend. hello, everyone, i'm jackie deang a lis in for elizabeth macdonald, and "the evening edit" starts right thousand. the democratic party seemingly
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in crisis mode after president joe biden's disastrous debate performance. voters and lawmakers are concerned about his mental acuity and his stamina as calls grow for the president to step aside. president joe biden rallying in wisconsin today in a critical stretch of his campaign as he battles calls to drop out of the race and step down following his disastrous debate performance. but biden insists he's not going anywhere. >> now, you probably heard -- [applause] we had a little debate last week. can't say it was my best performance. [laughter] but ever since then there's been a lot of speculation, what's joe going to do, is he going to stay in the race -- [cheers and applause] is he going to drop out, what's he going to do? well, here's my answer, i am a running and gonna win again! they're trying to push me out of the race. >> no! >> let me say it as clearly as i can, i'm staying in the race! [cheers and applause]
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if -- i'll beat donald trump. jackie: let's welcome to the show from house judiciary congressman jeff van drew. great to have you with us tonight, congressman. i want to get your reaction to that. clearly, he is digging his heels in. he doesn't want to go anywhere, ask he's already making these, you know, he's alluding to the fact they're trying to push him out, they're trying to make pa him do something that he doesn't want to do. your thoughts on where this goes. >> so my if thoughts are this. number one, we shouldn't be high-fiving as republicans. we've got to continue to work hard, and we've got to work hard in every single state, swing state, democrat state, republican state and win. regardless of whomever the candidate is. they are going to push people around him, there's a good number -- not his direct people around him, but people that, you know, members of congress, members of the senate that are going to, are worried about their own hides, and they're going to try to push him out. now, he may dig in, but the one thing that i've thought of being
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on judiciary is he's been protected a lot by his department of justice. and there's a lot that he's done wrong. he's been involved with business dealings with hunter, he's met with oligarchs, there's a cumulative amount of money that his family and associates have accumulated, up to $13 million, checks being transferred, phony accounts, etc. the justice department has checked that, including the classified documents deal. they have checked it out, they have said they've checked it out, and they're protecting him. so if people come to him and say that protection's going to go away unless you drop out, that's an interesting thought. jackie: wow. >> nobody's confirmed that, nobody's saying it, but it's one thought i have. i hope he stays in. and, you know, quite frankly even for democrats, just bring in somebody if brand new, kamala harris is going to do no better. somebody brand new right now at this point, at this juncture, they a may even do worse, god knows. all i know is we've got to win, and we've got to bring our
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country back home. jackie: that's pretty powerful, and i appreciate you putting your theory forward even though a lot of this is speculation, congressman. why don't you stick with me for a theory that i had. i'm trying to understand why they would do this disastrous debate in june, and my thoughts afterwards are they're going to do this stephanopoulos are interview which is going to air tonight, they're going to do a bunch of very controlled things between the hours of 01 and 4 -- 10 and 4, and they're going to say he had a bad night and hope people forget about it. if he stays in the race, do you think that's possible? do you think people can forget about a, you know, the fact that he couldn't really put a coherent thought together last week? >> some will. there's always a -- when you have a good day after a debate, you get a bump. when you have a bad day, you get a dip. so some of that's going to equalize out a little bit. but here's the deal, we all knew this. you knew it, i knew it, people who are really following the news and information know it, but abc, cbs, nbc, the
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washington times, you know, all these papers, the washington post i meant to say, all of these newspapers, all of these media outlets never show joe biden when he falls asleep. they never show him when he falls down. they never show him when he forgets his thoughts in the middle of a sentence. they didn't show any of that. for some people this was a big surprise because the mainstream media didn't cover it. they thought this debate was going to be good because it would be a controlled debate. they pushed him too hard. they should have just let him rest. they should have got on broader, bigger issues. he shouldn't have tried to learn facts, figures and numbers -- jackie: right. >> -- he can't do it, and they overworked him and he was exhausted. remember, he has good days and bad days. the next day in north carolina he did fine -- jackie: yes. >> state of the union, he did fine. so i'm not celebrating until we win on the first tuesday in november. jackie: state of the union, north carolina, he was on teleprompter -- >> yes. jackie: he can do the prompter thing when he needs to.
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he was speaking in wisconsin, it's neck and neck there according to the real a clear politics average, so he wants to try to move thed needle there. there's opportunity. "wall street journal" today, john mccormack saying this, minnesota, new hampshire and virginia which typically back democrats in presidential elections are being closely watched. do you think that there's an opportunity for president trump to nab any of those states? >> absolutely, there's an opportunity. it depends on how it all goes, but he's doing well. we're, you know, i'm the head of his campaign in the state of new jersey. tough state, it's all blue. the southern part of the state has got a lot of red pockets, but up north it's tough going. but we're even doing better there, within single digits. we're going to keep push. i'm not giving occupy up on new jersey. neither is president trump. we're certainly not going to give up on any of those other states. we are living history -- jackie: it's funny, because e grew up in new jersey, and i spend a lot of my weekends there with family that a still lives
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there, and we are always noticing -- and i'm talking about the northern part of the state -- how many trump signs that we see. now, it's anecdotal, but people are putting them out there. and the people that had a biden signs have taken them down. so i definitely think new jersey, new york possibly in play too. great to see you tonight. thank you so much for being here. >> good to be with you. jackie: all right: let's get to this, the u.s. jobs report showing a slowdown in june. the u.s. economy added 206,000 jobs last month. the unemployment rate rising to 4.11%. edward lawrence live at the white house with the latest. >> reporter: hi, jackie. and when you look at this jobs number from the 10,000-foot level, it looks pretty good. but getting closer, you can start to see some cracks. the average a hourly wages in this report went down for the second month in a row, 3.9% year-over-year. the government created just about all the jobs last month, 70,000 there. still, the administration falls back on jobs added back to the economy, not created.
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>> again, when we look at the figures that we've seen where you look from 20 the 1 -- whether you look from 2021 when the president came into office or the last three months or this last month, they're growing because our economy is strong. we're seeing steady, stable growth. >> reporter: on that, the unemployment rate rose more than half a percent if from the 12-month low. the fact that it rose so fast, does that indicate we could possibly be at the beginning of a recession? >> no. i mean, again, i don't -- that question's been asked, again, you know, since 2021. and what we have seen month after month, year after year is steady, stable growth. by all indications, a strong economy. if this isn't a soft landing, i don't know what is. >> reporter: is that a mission accomplished? so i asked the acting labor secretary and pressed her about a president biden's mental fitness. she says it's absurd to think about invoking the 25th amendment with the president. does he need notecards when you're in meetings with him? does he have to rely on those
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notecards? >> no. in fact, he is not only laser focused on the problems that we talked about, he's funny, he's engaged, he's focused. we knows we have work to do, and the only thing he's concerned about is making sure that we actually get it done. >> reporter: she tells me that she has not seen a mental decline over the past year or two with the president, jackie? jackie: many other people said that too, edward lawrence, but the american people saw it for themselves. thank you so much. joining us now for reaction, former chief economist dana fur. cot roth, diana, pardon me. >> great to be with you. jackie: let's talk about using your experience and go under the hood in these jobs numbers because the biggest problem that i see are the downward revisions from previous months. this labor market is not as strong as the white house is touting it to be, and even though julie su says, you know, basically we've stuck the soft landing and this is great, there are some folks out there who say even though the deceleration of the labor market is slow, that doesn't mean there isn't a
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recession ahead. >> exactly. well, no one knows whether there's a recession ahead, but the point is that these numbers are like a summer bikini. they hide more than they show. and what we see is in these 206,000 job creation numbers, 700,000 are government -- 700,000 are government -- 70,000 are government and about 855,000 are the health sector which is bolstered by government. that shows that employers are not happy, private sector employers are not happy. if you look at manufacturing, it hardly created any jobs. we need a strong economy with high paying jobs for americans. jackie: diana, can we focus on the headline 4.11%? it was a slight uptick, but for 30 straight months we held at 4% or lower, and that is what this administration has hung its hat on, that the labor market was strong and unemployment was the lowest that we've seen in many, many years. having said that, it's moving in the wrong direction and while biden is worried about his
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reputation and people, you know, speculating about whether or not he'll stay in the race, we've got a problem that you're seeing people being -- not enough work opportunity, essentially, in the right places in this country. >> exactly. and what i would say is that it's not the number, 4.1%, that's troubling. it's the fact that it has moved up steadily over the past year, and the labor force participation rate has not increased substantially over the past year. it's been around the same. jackie: right. >> we see people out of the labor market, and we don't see them coming back. jackie: and that's what they're blaming it on, the labor force participation. but it was up marginally, to your point, that's not enough of an explanation of what exactly is going to be -- going on here. all of this is really important when it comes to the fed and interest rate cuts. the stock market is banking we'll get a cut this year, doesn't necessarily know when. was hoping for more cut, not coming seemingly as soon as a the market would like.
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what do you see with the data that we have so far jerome powell doing? is he going to wait to cut until after the election, or is he going to take a risk and go for it? >> well, the problem is that the policies have turned this economy into a stumbling geriatric with difficult prospects. and with the inflation the way it is, chairman powell cannot cut substantially before the election without raising inflation. so maybe he'll do one cut before the election, but he might want to postpone it because he doesn't want inflation if going up on his watch. and housing affordability is going down, inflation is going up. this is bad news for middle class and poor if people, jackie. jackie: and it was jerome powell himself when he started hiking rates that essentially said to slow down this economy, people were going to have to lose their jobs. they didn't at first. it takes a while. but unfortunately, that's the nastiness when you're dealing with high inflation as we were at 9.1 percent.
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diana, great to see you -- final point. >> great orb oh, oh, final point. even if they're not losing their jobs, they're seeing smaller paychecks. jackie: absolutely. >> and that's really bad news for poor and middle class people. jackie: diana, have a wonderful weekend. >> thank you. jackie: still ahead, congressman tim burchett, america's adversaries are also growing closer as questions about president biden's health play out on the world stage. russian president vladimir putin meeting with chinese president xi jinping for the second time since may. all of this coming up next on "the evening edit." ♪ ♪ when the sawdust settles and the engine roars the thing you care about is a job well done. but when you get your tools from harbor freight something about the job feels different - your wallet. whatever you do,
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jackie: welcome back. concerns about president joe biden's weakness on the world stage are mount. u.s. adversaries are appearing to grow even closer together as chinese president xi jinping meets with russian president vladimir putin. grady trimble in washington with the latest for us. grady. >> reporter: jackie, good evening. russian president vladimir putin says russia-china relations are at, quote, the best period in their history, a major concern for the u.s. is the and the west at large. this meeting between putin and china's president, and i took place two weeks after --, and i took two weeks after they
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announced a mutual defense pact and less than a week before the important nato summit here in d.c. the leaders, by the way, of two nato member countries also met with putin this week, turkey's president erdogan. white house press secretary karine jean-pierre if says the administration is concerned orr bonn chose to go to moscow. former president says biden's not up to the task of handling these strengthening geopolitical partnerships. one of trump's potential vp picks says biden's debate performance last week makes the u.s. vulnerable. >> putin was watching, xi was watching, the ayatollahs were watching. any of our adversaries around the world saw that performance and look at someone who's not able to get through a debate much less serve out the rest of his term potentially, but if they're thinking this guy's only got five, six months left in office, if you're plan being from their side, you'd say let's go now. >> reporter: and as president biden prepares
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for next week's nato summit, calls for him to drop his re-election bid are growing. but the white house is defending the president's foreign policy chops. >> nato has become stronger and has gained two more countries because of this president's leadership. doing so is very much important in stopping and helping to stop putin's aggression as a ukraine continues to fight certainly for their freedom and democracy. >> reporter: despite what the white house is saying, a new poll from cnn taken after the debate shows trump has a 10-point edge over bide when it comes to who voters trust on foreign policy. jackie? jackie: grady trimble, thank you so much for that. joining us now to discuss from the house foreign affairs committee, congressman tim burchett. congressman, great to have you tonight. i want to get your reaction to that because it's no coincidence that our adversaries have become emboldened since this president has been in the white house, and it appears after they saw his debate performance they do realize that there is an opportunity here even for the rest of his term
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with respect to serving that time out. there is a clear threat that, you know, essentially he's asleep at the wheel. that is very dangerous on the global stage. >> it's completely dangerous, ma'am. and thank you so much for having me on. just look at cuba. 90 miles off the dost of the united states of america -- the coast of the united states of america, you've got china down there, russian possible nukes and nobody's raising a red flag about it in washington d.c. this entire town is compromised, our white house is compromised. this president doesn't even know what's going on, and the world leaders, of course they're paying attention to that. i tweeted that out on my x account @tim burchett the night of the debate they're licking their chops. they know they've got seven months, and when they heard donald trump's vision during the debate, all the democrats in the state-run media can say trump lied. well, i tell you, trump told the truth because during his presidency china was contained, russia was not move if
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manager on ukraine, gaza was not in flames. the whole world sees this. and the national media is has just carried this president's water, and the reason they had, they elected this guy. they pushed him in. 20 million so-called conservatives decided to stay home on election day because of a bad tweet, and this is who we got. we've got to put enough points on the board so they can't steal it. jackie: and speaking of our adversaries and how president trump was able to keep them in check, with respect to the middle east and iran who is really at the center of all these proxy groups that are causing destruction and trouble in the region, he essentially had that regime bankrupted because of sanctions and because of energy prices and production if here in the united states. i mean, when biden walked into the white house and gave all of that back, that's when this all started. >> not -- and he did it without firing a shot. he understood, as our adversaries did in the second world war, that they woke a sleeping
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giant. the american industrial base, working people that go to work every dad gum day and produce for this country. that is our greatest strength. and then now he's, you know, he's risking our military strength with all these woke, crazy policies and everything else. so this is a complete capitulation on all fronts. by putting joe biden out on the world stage, this deal with stephanopoulos, i mean, they'll rehearse that, they'll edit that. that won't be -- that's not true. ma'am, you're a true journalist, but you won't see that tonight. that'll just with some dog -- be some dog and pone think show. jackie: congressman, if they continue to push this cha a raid forward with joe biden and if for some reason he was able to win the election, would congress step in and try to exercise the 25th amendment powers that are available to them to say he's not mentally fit if to do the job? obviously, you'd want to do that before the election just to make sure that kamala harris wasn't going to take the top seat.
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i mean, this is a very, very tricky situation and, unfortunately, the democrats are really good at manipulating -- you bring up that stephanopoulos interview. they're going to keep putting him out there in situations with conditions that are conducive to his mental a state, and they're going to tell the american people he had a bad night and nothing's wrong. >> they're going to keep saying that lie. they focus grouped that. that's the closest thing they've got. and it's, you know, it's a dissolving line between the national media and the democratic national committee. i salute 'em, they've done a great job of infiltrating our national media over the past few years, and the republicans have done a poor job. we've warned about what's going on. the american public, i think, is aware. we've just got to keep our focus, and we can't get cocky over this thing. i can remember when bill clinton, a draft dodger, beat george bush, a war hero. and we were so cock cocky when we found out he evaded the draft, went to england or whatever, and i can see that happening to us
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again. we can cannot be cocky. we have got to push through. this is not -- this is the isn't a sprint, it's a marathon. we've got to run through the finish line and do it at all level, state, federal and local, because we are losing our country. this one is for all the marbles. if we do not elect donald trump, you can kiss this country good-bye as we know it today. jackie: congressman tim burchett, thank you so much. still ahead, dr. marty makary. the fda approving a new alz a heym's drugs that the health experts say will accelerate a new era of treatment. plus, new york post political reporter jon levine with us. a growing number of democrats say it's time for biden to step aside and pass that torch to vice president kamala harris to be at the top of the ticket this november. that's coming up next on "the evening dead -- edit." ♪ ♪
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jackie: more democrats are speaking out, calling for president biden to step aside. california congressman jared huffman says that democrats are not on a winning trajectory and also said the president should hand that torch to vice president harris. watch this. >> if president biden decides that in the interests of defeating donald trump and saving this democracy and the free world from everything he represents that he is ready to pass the torch, it needs if to be and i think should be vice president harris at the top of the ticket. jackie: for reaction the all of this, let's welcome new york post political reporter jon levine. jon, this is a scary thought for a lot of americans, that passing the torch means handing it over to kamala harris. she has had every opportunity as vice president, and she has squandered them all. she is not capable of running this country. >> i mean, it's a scary thought for a lot of democrats too. the fact of the matter is kamala harris is about as popular as
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the ebola virus. and part of the reason president biden hasn't stepped aside already is the fact that everyone knows you basically have to give it to her, and there's no path for her. i'm old enough to remember the 2020 primary that she was in where she competed against now-president biden and had to drop out before a single vote was cast. her campaign spectacularly imploded. she was on track to lose her home state of california. as vice president, you'll notice, you know, if you've been paying attention her staff turnover has been immense. every few months there's stories about unrest and in-fighting in her office. you never see that with president biden, by the way. and she has no campaign structure. i don't know that president biden's campaign just shifts to kamala harris' presidential campaign. she needs to rebuild an infrastructure from the ground up, it's just impossible. it's a nuclear bomb. and so i -- it's a terrible pickle democrats now find themselves in. jackie: what we do know is that the purse would shift to her, his purse, his campaign nurse purse. but having said that, ultimately, if you take biden
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off the table -- ticket, you're doing it because you realize he's not going to win, and you want to put somebody up there who has a chance. i understand the political issues around kamala harris, that that if you pass up a black woman vice president, it doesn't look good. still, it doesn't better your chances for winning the election in november. >> look, i mean, on the other hand i have to say pride, this was a democratic primary, and president biden went through it. you could say it was unfair, the party rigged it. nevertheless, 50 million votes were cast, and president biden won the delegates. he is the nominee of the party. i think there's grave, you know, questions of democratic legitimacy if you're just going to have a bunch of party bosses come together at the convention and say, you know what? let's throw out all those votes and kamala arrest the presidential candidate, that's it, and too bad. jackie: well, i think you're bringing up a great point, and people are saying the only way biden goes is if he voluntarily says i'm out, you know? it's time.
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and acknowledges that. but he keeps doubling down and if digging his heels in and saying i'm not going anywhere. so ultimately, you know, where does this leave the country? because what i'm concerned about is that this debate was strategized to be so early on in the cycle that people are hoping they'll keep putting him out in different forms that are very controlled and say, no, see? he's fine. he was nervous that night. he was sick, he was jet lagged. all of these excuses. and you know what? the american people do have a little bit of a short memory. this was june. we're talking about an election in november. so will they be able to pull this off if he says, i'm saying? -- staying? >> you know, i think the root of the problem from the biden side is -- and i think a lot of americans with older parents right know this, older people don't realize how far gone they've gotten. if you've had to take the car keys away from mom or dad, i think jill biden probably said you did a great job, it was a bad debate.
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who among us? and i think they just -- biden himself probably doesn't realize how bad it is, and nobody is telling him, and there's going to be a second debate in september. and it's, i think they're on track for another train wreck. and by that point they'll be strapped to the rocket, and there'll be no getting rid of him -- jackie: there's no way, jon, there is no way, even if he says it now, that he does that debate. i just think it's impossible. >> i agree with you, and if they're smart, they will find a reason to cancel it. but again, i think biden might just say, no, i want to prove to the american people that i can do this, and there's really no overruling him. jacques jack wow -- jackie: wow. jon, we could go on and on. good to see you. >> thank you for having me. jackie: the fda has approved eli lilly's ground breaking alzheimer's drug that's been shown to modestly delay the progression of the disease, but patients are also concerned about any possible risks that it may pose. for more on all this, let's
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welcome dr. marty makary. it's always great to see you. this is some hopeful news coming after julyth. -- july 4th. many of us have been touched with people developing alzheimer's, or dementia mimics some of the sort of illness symptoms. what kind of drug are we dealing with here, in what stage is it and how could it help people soon? >> hi, jackie. well, this is the second drug that's been fda approved and still on the market for alzheimer's. you know, it's very well received because there's just not a lot that we know about a with drugs that work for alzheimer's, but this drug appears to be an anti body that attacks the plaque that builds up in the brain. and there was a slowing of the progression in people with mild alzheimer's. now, this is the second drug we have, so the first drug was about a year and a half ago called he quell by. this new -- la quell by. this new drug is once a month instead of twice a month, and you can stop it perhaps a little
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sooner once you see some improvement in the plaque levels. but this is promising, and it shows the mechanism works -- jackie: yeah. >> -- that you can build an antibody to plaque. jackie: can we talk about some of the risks? we're dealing with, i believe, it's more than 6 million people suffering from this condition in this country right now, so i'm sure people are eager to want to try it, but it's important to be informed or, you know, all around. >> yeah. the vast majority of people do not qualify for the drug. you're right, it's about 6-7 million americans and, by the way, that's expected to double in the next 20 years. to, you know -- so, you know, we're looking for something that provides only hope. but there is a brain bleed side effect that was noted in about 44 out of the 8500 -- 4 out of the 850 patients that participated in the trial, but it was only a slight increase over the placebo group. but that is one thing, and brain swelling is one thing that makes some people say, look, if it's mild, i may actually hold off on
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taking it. jackie: can we talk about ozempic and wegovy for a moment? there's new research that could indicate they're linked to an eye incident. we've discussed this before when it comes to new drugs, once they're approved people start taking them, we still haven't really understood the long-term side effects. my understanding is this may just be one problem with these drugs? >> yeah. this was a new report that showed that ozempic was tied to some cases of an eye condition that is associated with blindness. so the individuals did not develop blindness, but it's believed that this condition is a precursor to blindness. it's one of the many flags that has gone up with ozempic9 and the glp-1 medications. i think a lot of doctors are most concerned about the other major effect of these drugs, and that is muscle wasting. you shed excess fat but you also lose muscle mass. and muscle mass is the number
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one prohibiter of how long you -- protective of how long you live. we tell people to exercise and have some muscle mass later in life because that's associated with longevity. if this reduces muscle mass, you may see short-term benefits but, ultimately, it may accelerate frailty which we know is associated with a shorter life span. jackie: that's really interesting especially for women or who are aging, dr. marty. they always say you need to tone, you need to lift weights when you're exercising to make sure that you hold on to the muscle mass. i never thought of it that way. such great information p as always. dr. marty marty ma a consider -- makary, thank you. still ahead, ben ferguson will be here. president biden facing new calls from the financial community to drop out of the 2024 race. we've got details. and "the economistist" magazine slapping a presidential seal on a walker. that's the latest cover. but first, let's check in with our friends dagen and sean, see
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what they've got coming up on "the bottom line." sean: highway, jackie, happy fourth of july. yes, a great show coming up. we have a conversation about a joe biden hosting the nato summit next week, but his presidency and his cognitive ability will be called into question. we have senator roger marshall from the great state of kansas here with us. dagen: i say reading isn't leading. we have jason rajts is here -- rants is here on why on our nation's day celebrating our independence do whiny liberals and lunatic anti-semites use that day to complain if about our country? and then ej antoni is here on bidenomics. that means that we lose more than a million and a half full-time jobs in the last year, and they're replaced with part-time work. top of the hour.ust ♪ mited. so, if you're off the racking... ...or crab cracking, you're cashbacking. cashback on flapjacks, baby backs,
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jackie: welcome back. president biden facing new calls to drop out of the race from the financial community. in a letter to the new york times, netflix cofounder and major democrat donor reed hastings says, quote, biden needs to step aside to allow a vigorous democratic leader to beat trump. madison alworths us with the details. >> reporter: hey, jackie. reed is just one person. multiple donors calling on the president to step aside, in some
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cases they're also keeping hair pocketbooks closed until he does so. take a look. as you mentioned, reed hastings has publicly called for the president to take a bow. alabama a gail disney, the filmmaker and heir to the disney fortune -- alabama abigail -- he's reportedly keeping her wallet closed, and gideon stein has said that his family is withholding $3.5 million that they're willing to give once biden bows out. meanwhile, a coalition of business leaders under the leadership now project if published this statement on wednesday saying in part, quote: the threat of a second trump term is such that we must ask president biden and the democratic party to pass the torch of this year's presidential nomination to the next generation of highly capable democrats. included in the group that signed on to that group is christy walton. that's the walmart heir. according to bloomberg, she's worth $14 billion, and she's 1 of 168 signees that signed on to
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that letter. there are also reports of the next generation pac which is looking to raise up to $100 million to support a replacement candidate. as of now, they have not filed federal paperwork and, jackie, as you mentioned on the show, if president biden were to step aside and kamala harris rose to the top of the ticket, any of the money raised for their campaign would go to her because she's always been on that ticket, but that would not be the case for another candidate which is why you're seeing donors like ex-hedge fund manager whitney tilson, he believes biden needs to step aside soon despite president biden himself saying just this afternoon that he is remaining in the race. >> one, i love the guy and i love his optimism and fighting spirit. he is, of course, saying what he has to say at that point until the very moment he steps aside which i think is highly likely in the near future. he is, of course, he's giving it his best shot, and he -- and the problem is he was reading off a teleprompter. nobody questions that joe biden
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has the ability to read off a teleprompter these days. >> sure. >> reporter: one of the things that people are questioning are, is his age, and he did try to address that during his campaign stop that we saw this afternoon. he joked multiple times, jackie, about appearing 40 years old. that was his joke he used at least twice during that campaign stop. jackie: really interesting to see these guys pull back the reins saying we're not giving any more. somebody told me about that hamptons fundraiser, that people wanted to pull their money, but the bell had been rung already. madison alworth, thank you so much. >> reporter: thanks, jackie. jackie: for more on these growing calls from the business community for biden to step aside, welcome the host of the ben ferguson show, ben pegson. so appreciate you being here. >> good to be here. jackie: i want to get your reaction to this reporting because when it comes to big money and where they're donating, who they're looking at, it does tend to say a lot and, ultimately, wall street is saying no to biden. >> yeah. they're a saying no for now,
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let's be clear. this is about a 4-day window $14-day window9 where the media has now coalesced to go against biden because the democratic party has coalesced against biden and because the donors have said we're going to do this as well. but if he stays in for another, you know, 10, 12, 14 days and doesn't go away, they're stuck with him. and, look, i don't think biden's going anywhere right now. and if for no other reason, he has to still protect his son. you've got to understand, joe biden and jill biden understand that hunter biden can receive real jail time if he's not able to give him a pardon or clemency which he's already referred to there's a good chance of clemency on the charge against him. and joe biden is, quote, a family man, right? he protects the people around him. so they can try to hold the checks as much as they want, but they're stuck with joe biden if they don't get him out in the next week or two, and i don't think he's going to budge. jackie: okay, i've said the same
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thing. he's got a very is little window of opportunity here to see if they can turn it around and get back on track. >> yeah. jackie: if not, he's got to step the aside. congressman van drew brought up the hunter point, you're saying joe will stay in the race to protect hunter. i completely understand that argument. he was saying, you know what? if the democrats can use that as a bargaining chip and say if you don't step down, this will be used -- >> yeah, maybe. but here's -- i'm going to try to be joe biden for a second but a lot smarter and a lot more cognitive -- [laughter] and i'm not saying i'm not dropping out of the race. i'm going to beat donald trump in 2020. it's 2024, joe, but, hey, at least you dried -- tried, buddy. i wouldn't trust any of these people, kamala harris, i wouldn't trust the democratic party if i'm joe biden, i wouldn't trust the people around a barack obama and the people that put his white house together because they're screwing you right now. they all, by the way, knew that this guy was in massive
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cognitive decline. it didn't just happen on wednesday before thursday last week. it's not like there was some episode that happened that changed him a week ago. jackie: yeah. >> they've witnessed it and seen it for as long as i've seen it in others, and they see it on a more often basis, like every day at the white house. we've heard the white house say that this guy has a schedule from noon to four and that's when he's his best. that's not normal. so if i'm joe biden, i wouldn't trust any of them. and at the end of the day, joe biden is a narcissistic individual who believes that he's bigger than america. there's no way that the first lady should be around and helping and aiding and support this. i think this is, honestly, my gut, this is elder abuse -- jackie: yeah. >> he clearly cannot be the president of the united states of america, but she loves being the first lady, and they keep propping him up like weekend at bernie's. oh, he's fine, he's fine. the media a lied to us and said he's fine, the democratic leadership, the donors say he's fine, and now all of a sudden, oh, wait, we might lose.
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jackie: right. >> and that's what this is all about -- jackie: if we're going to lose, it's not fine. [laughter] yeah. >> they think they're going to lose. now the whole ruse has gone away, so if i'm joe biden, i wouldn't trust a deal. if kamala harris, and i think she's the most likely person because she can keep the money in the campaign chest, do i trust kamala harris to pardon my son? jackie: no. >> i wouldn't take that risk. jackie: ben ferguson, i wish we had more time. have a wonderful weekend. >> good to be with you. you too. jackie: still ahead, tom dupree. we're digging into the stunning reversal of former president's heel battles, critics said they would end his campaign, but instead they made this 2024 push stronger than ever with respect to his supporters. that's all coming up next on "the evening edit." ♪ ♪
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welcome back all eyes on donald trump's legal woes would affect his reelection bid. i could drop in the force of former president to be convicted of felony crimes, from support legal cases appe to have made him even stronger than ever. tdriving out former deputy assistant attorney general tom dupree. it's great to have you. as we are going into this very
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landing about the cases and seeing what he had on his plate it seemed very, very daunting. one by one things are to fall apart. ultimately even when it was bad for him he had a situation his base was a rallying around him more than ever. even after the conviction in new york the base rallied around him more than ever thinking this is bogus and the system is rigged. the immunity decision from the supreme court seemed to be the icing on the cake it starts to pick up park at whatever is left. your thoughts on where he stands now? he seems pretty strong. >> it is that they niece's warming legal proceedings are on president trump turned the on its head. the belt once for other candidates you would say would a death knell to his candidacy for your point i its limited trump stronger by the supreme court's decision is going to have a very significant impact on all four of the pending criminal cases against trump. i think of the january 6 case
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from the hush money case in new york i is going have a substantl impact. lesser impact in the mar-a-lago case but a pretty remarkable impact on those two. at the bit of a game changer is far as these are concerned. >> can we talk of the hush money to try out my understanding is they look to have that case it dismissed as a result of the immunity ruling from the supreme court for the prosecutors are saying let's let the system play out. will make your arguments in response to respondent how does that work? my understanding is the payment to stormy daniels, the event we are talking about was well before his president but that's all what i am a little confused on. >> it is a bit perplexing but here's what is going on in bed and the supreme court's decision saying a president is immune for his official acts will he was president there is a point in the court's opinion they said in addition you cannot introduce
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evidence of a president's official act to get a conviction concerning an unofficial act and that is what applies to the hush money case at least potentially because even though you are right he was not being prosecuted for official acts, bride introduced into evidence, evidence of trump's official act and that is what the defense team is going to focusing on. what that is what is so amazing to me about the law went to law school, pass the bar never practice betsy's technicalities. it is these details that are absently amazing you can flip it on its face after you get a ruling like this for tom we are out of time but thank you so much for y insight. >> thanks again. >> i am in for elizabeth thank you for watching the evening at on fox visit is now time for the bottom line i'm going to send it over to my friends at dagen andd sean. >> thank you jet. ♪
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