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tv   The Evening Edit  FOX Business  July 18, 2024 5:00pm-6:00pm EDT

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or go to gentlecure.com larry: sadly, i'm going to have to to report this evening that my longtime friend lou dobbs has just passed away at the age of 78. he was the, really the inventer of cable business television. as i say, the longtime trend of mine, 78 years old, lou dobbs. may he rest in peace. and we'll flip it over to liz macdonald, i guess. there she is. lizzie, you got it. elizabeth: yeah, rest this peace, lou dobbs. thank you so much, larry. it's a sad day. we appreciate you so much, larry. larry: thank you, liz. elizabeth: okay. welcome to "the evening edit." i'm elizabeth macdonald. president trump will speak in just a few hour, first lady melania trump will appear.
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we've got more on the most remarkable comeback in u.s. history in just a second. but first let's welcome to the show senator roger marshall. senator, great to sew you again. can -- see you again. can you please tell us more about this extraordinary the scene at the rnc last night where four u.s. senators -- senators black burn, a lankford, barrasso and cr a amer, confronted the head of the secret service involving the attempted trump assassinationsome. >> right. i just was with senator barrasso, usually one of the most calm, collected people you know, and last night is about as intense as i've seen himful we had just gotten off an hour-long conference call with the secret service where they basically spent an hour saying nothing. and, look, someone's got to be held accountable here. how in the world did they let the known suspect be noticed an hour before the shooting? he had some type of range finder
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with him, very good purposes for a range finder there in those type of is circumstances. what we're uncovering is there's a cultural issue within the secret service. half the the secret service officers have quit over the past year. something more is going on than just this one incident. and thanks to the miracle of god, president trump's still alive. elizabeth: yeah, he's saying he appreciates god even more, that it's changed his outlook on life. let's show the viewer this washington post report and then the timeline of what happened. it's brutal, it's terrifying. first, this. "the washington post" reports local police at the rally warned the secret service they did not have the man pure to -- manpower to secure the building where the shooter opened fire on the rooftop. what do you make of that detail in. >> well, i think the plot just thickens. think about the secret service. they have 8,000 employees, 8,000 officers to protect some 33 people. i think it was -- this is where
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the management issue, the cultural issue that this was obviously not a priority for the secret service. that they did not detail 2, 3 if not 10 more people. how in the world did this person get a rifle on top of that building without being noticed? there's a complete failure within the secret service. i think this goes back to when they became part of dhs where they're working for a secretary that's been impeached. we have no confidence in them at this point in time, and all we see them doing is running from the truth. elizabeth: okay. law enforcement says crooks hid the weapon in advance. he did not walk in with a gun. it does not yet know where he hid the weapon. i mean, the timeline shows secret service spotted the trump rally shooter on the roof 20 minutes before he opened fire. they knew the building was not secured. they were aware of a threat 10 minutes prior to the shooting, but still president trump took the stage. how does that happen? >> yeah. of course, i don't have a good
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explanation for your. -- for you. i think this is the cultural breakdown. this is the protocol breakdown that we're seeing. when you have a secret service so focused on dei they forget what their real mission is. and that being staid, i want to compliment and thank god for the wonderful secret service officers that we do have. i think they were following orders, they were following protocol, but something broke down somewhere, and it has to be just a huge cultural collapse of the whole system. that's why we'll need a complete investigation, and the sooner they start coming clean with everything they know, the better chance of avoiding all the hypotheticals that we're hearing out there. elizabeth: so the president's big night tonight. he's going to give the keynote address. what will you be looking for and watching for? i mean, let's go through it. they tried to -- they wanted to impeach him before he is sat down in the to oval office. they were moving to impeachment plans in 2016. twelve, a dozen impeachment resolutions. nancy pelosi launches and 14
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democrat house-led committees 84 targets to go after trump including op stormy daniel, his business and his tax returns. that was 2018. then they leaked the tax -- his tax returns were leaked. they tried to knock him off of state ballots and prosecute if him, bankrupt him, jail him, and then he -- an attempted assassination. this is probably the most extraordinary comeback in u.s. history. what do you think? >> it has to be. and i think, you know, saturday night changed everything. there was a providential moment where an angel moved president trump's head just far enough so that the bullet would not do any more damage than it did. i expect president trump to very much reflect on the moment. i talked to him monday morning and he was very calm, reflective of what was happening. i think when he steps on that stage tonight, all this is going to come home. all these issues that you've talked about a, the weaponization of the justice
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department, and somehow he's going to get through that, and he's going to talk about a message of unity. i think that president trump goes way beyond just reaching out to republicans. i think he's going to be reaching out to patriots across america. are we ready to turn this country back in the right direction. some 12 of the last 16 years this country is going in the wrong direction, and president trump, it's his time to step forward and if lead this country to secure our borders, very simply, secure our borders and bring down the cost of gas and groceries. elizabeth: and inflation. that's right. senator marshall, great to have you back on. it's good to sew you. okay, let's stay on this story. president trump, in a few hours, will give an acceptance speech talking unity and bringing america together. again, it is the northeast most extraordinary -- it is the most extraordinary comeback in u.s. history. they wanted to impeach him before he was inaugurated. they impeached him twice, prosecuted him, tried to bankrupt him, trying to take his business away, i throw him in jail. he was almost shot to death.
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and tonight he is accepting the gop nomination. grady trimble live in milwaukee with the story. grady. >> reporter: good evening, liz. and we're learning a little bit more about what the former president and now the gop nominee for a third time going to say tonight. this is are from our colleague, bret baier, who was told with by highly placed sources that the former president's speech will last north of an hour and that he will not say the name biden a single time. instead, he'll refer to the current administration and current leadership. that's because -- and this is a quote -- we don't know who the nominee will be at this point. you noted that the big call from the former president this evening will be for unity. we're told that he tore up his speech, started from scratch after the attempted assassination this weekend and that his speech tonight will be extremely personal if reflecting on that experience. >> he's been writing this by himself. he said -- he knows exactly what
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he wants to say is. he knows the issues that he wants to talk about, he knows how he wants to connect with people. americans need leadership, and it's so unique that you have a former and future president providing that leadership when joe biden can't do it anymore. >> and we've seen a united republican party this week, and tonight the gop will look to the their presidential nominee to deliver a speech aimed at uniting the entire country which, at times, is extremely divided. last night vice presidential candidate j.d. vance used his speech as an opportunity to introduce himself to the american people. this, the video you're seeing right now, is the moment he acknowledged his mom in the crowd. he talked about growing up in poverty in ohio, about his mom's struggles with opioid addiction and how a then-senator joe biden supported policies that vance says made life harder for working families. today vice president kamala harris went after the gop ticket. >> if you claim to stand for
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unity, you need to do more than just use the word. [applause] if you cannot if claim you stand for unity if you are pushing an agenda that deprives all groups of americans of basic freedoms, opportunity and dignity. >> reporter: some of the other speakers tonight include former president trump's son eric, the owner of ufc fighting, dana white, as well as hulk hogan. so an interesting lineup tonight, liz. and we've also learned that melania and ivanka trump, they're not speaking, but they will be in the room, and they'll join the former president on stage after his speech for the big balloon drop at the conclusion. liz? elizabeth: grady trimble, thank you so much. it's great to have you on. again, first lady melania trump will be there tonight along with ivanka trump. joining us now, let's bring in former acting attorney general matthew whitaker. matthew, you were there last night for that powerful moment of heart ache, of pain but also
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unity and compassion. what were your thoughts when you heard gold star mom and dad read out the names of all 13 u.s. service members killed at abbey gate in the exit from afghanistan? if we saw people in tears, crying. then rnc attendees spontaneously said their names and cheered. it was an extraordinary moment. what do you think? >> no, it was so powerful to be in that room, liz. to hear those names, and with each name your heart broke. and i know that those around me and even myself got teared up just thinking about the pain that those families experienced in losing a child. i mean, just -- it's horrific. and at the same time, you know, to hear them describe, to describe how this administration including the president of the united states, joe biden, did
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not reach out to them, you know, were not really that interested when the bodies were returned to the united states, liz, it was gut-wrenchingnecessary at the same time, because we cannot forget these heros, we cannot if abandon these the families, and we need to make sure they understand that we are so grateful that their children were willing to serve in the armed forces and defend the united states of america. elizabeth: matthew, analysts saying they'd never seen anything like this at a convention. terry moran said he's been talking the veterans of the vietnam war, iraq and afghanistan a, and without being prompted, they're talking about the sense of shame and anger they felt for the country and in this biden campaign. you know, biden's approval ratings never recovered from this. >> liz, it is not about winning elections, ultimately, it is about a doing right for your fellow citizens. and i think this just
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highlighted a real failure of the biden administration to the to not just do the basic blocking and tackling of being the president. and consoling families that lose their children in service to our great country. i just think that is the number one mission and goal in addition to protecting the american people from harm. elizabeth: you know, he's accused of botching the exit. they say when their family members' bodies came home to dover, he kept talking about his son. they were outraged he later falsely said at the debate no troops died on his watch. 16 did. let's watch what happened and listen to david urban who served in the military on cnn last night. watch this. >> when hunter and the other service members' bodies were returned to the u.s. in dover, delaware, joe biden met the plane. but he made to case more about his son, lost to cancer, than our sons and daughters' loss on his watch. worse than that, he has never said their names out loud. and during last month's debate,
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he claimed no service members have died during his administration. -- failed the american people people. [applause] he femaled -- failed the afghan people and our military service members. he failed our family and he failed hunter. >> it's just unforgivable. i mean, hunter lopez's father, i got choked up, his father's reading those names. somebody who went to west point, served in the military, deployed overseas, the fact that joe biden never met with those families, the fact that joe biden forgot, forgot that those kids died is just unforgivable. the fact that the white house hat never if bothered to lean up or say we're sorry, unforgivable. elizabeth: final word, matthew. >> i couldn't say is it better. we all feel the same way. elizabeth: when family members see their family members go to war, they do it willingly,
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voluntarily. they don't see the cost. so when you see your family member is gone and their name is not acknowledged by the president and no phone call and later it's indicated no troops died on his watch when yet they did, that is, to the to them, just such an outrage. they've been silently suffering, in pain, matthew. wrap it up here. >> every day their hearts are ripped out because of this and because of this ignoring by this president of their giving of the last full measure. elizabeth: matthew whitaker, appreciate you very much. thanks for joining us. still ahead, we have a jam of packed hour. congressman rutdz el fry from oversight, congressman car loss jimenez from the select committee on china. nancy tengler, wall street pro and author carol roth, the chairman of the rnc youth advisory council, c.j. pearson and fox news contributor charlie hurt. they are fired up and ready to go. a new meltdown at msnbc.
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joy reid tries to compare biden getting covid to trump getting shot. plus, did they mislead network making like they were on site in milwaukee covering the rnc when they're here in new york city? and this breaking news today, a powerful appeals court stopped biden in his tracks, stopping biden's student loan bailout in its entirety. plus, more on president trump's speech tonight, his plan for america. plus, more on his running mate, j.d. vance, repudiating china hurting american workers. and we have got why a trump treasury secretary hopeful is pushing back on a new democrat talking point. he says trump's policies will not spark inflation. plus, the leaks now coming fastfurious to pressure biden -- fast and furious to pressure biden to drop out. but aides at this hour saying he is staying. so why did former president obama, chuck schumer and nancy
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pelosi and adam schiff tell america he's fine? fund raising tens of millions of collars on that? but now they want him out? all of this next on "the evening edit." we will be right back. don't go away. ♪ ♪ ♪ there was a tree, down in the woods ♪ ♪ the prettiest tree, ♪ ♪ that you ever did see... ♪ ♪ now the tree has roots that need water to grow ♪ ♪ grow jobs, grow skills ♪ ♪ make the whole world go. ♪ ♪ make the green grass grow all around all around. ♪ ♪ make the green grass grow all around. ♪ at jpmorganchase, the investments we make help make businesses happen, that make jobs happen, that make communities happen. together, we make momentum happen. there are many ways to do things. at old dominion freight line, we do them this way. this way has people who start early.
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the moment i met him i knew he was my soulmate. "soulmates." soulmate! [giggles] why do you need me? [laughs sarcastically] but then we switched to t-mobile 5g home internet. and now his attention is spent elsewhere. but i'm thinking of her the whole time. that's so much worse. why is that thing in bed with you? this is where it gets the best signal from the cell tower! i've tried everywhere else in the house! there's always a new excuse. well if we got xfinity you wouldn't have to mess around with the connection. therapy's tough, huh? -mmm. it's like a lot about me. [laughs] a home router should never be a home wrecker. oo this is a good book title.
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elizabeth: let's get you updated on what's going on with president biden. let's bring in congressman russell fry. congressman, so, i mean, what is going on? is it's like a circus in d.c. so now you've got reports that president obama, former speaker pelosi, senator schumer, congressman jeffreys asking biden to drop out. axios now reporting maybe this could happen this weekend, but at this hour -- here in milwaukee republicans are incredibly united. we're getting behind donald trump. it's halftime at the football game, and the democrats are trying to fire their coach. both from the elected official side, the big donors, it looks like the democrats are in complete disarray, and republicans are uniting at the perfect time. elizabeth: all right, so donors like jeffrey katzenberg
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reportedly saying the money drying up. it's also reportedly concerning the to democrats, you know, inside insider polls show voters are deeply distrustful of politicians who vouch for the president's mental capacity and endorse him and say he's fine. voters don't like the duplicity, they don't like the cover-up and the deception. watch, for example, adam schiff at a march hearing criticize special counsel robert hur for noting biden's poor mental condition in his classified documents report. robert hur had to do that to explain why he wasn't going to charge him, because he was an elderly man with a pure memory. but now adam schiff n a turn around, wants biden to drop out after he excoriates robert hur. this is industrial strength, weapons grade duplicity. watch this. >> you don't gratuitously add language that you know will be useful in a political campaign. you were not born yesterday, you
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understood exactly what you were doing. it was a choice. you certainly didn't have to include that language. there is nothing more common with a witness of any age when asked about events that are years old to say i do not recall. >> from january 20th, 20221, until the cnn debate three and a half years later, they worked to hold the american people in the dark about biden's true condition. this has been a total fraud on the american -- >> that's what i want to focus on. >> -- in having a president who is not in possession of his faculties. that that's the threat to democracy. elizabeth: the democrats knew it. they knew it. the reports are coming out of axios and politico. they were a aware, and they went fund raising on it raising tens of millions of dollars, keeping american voters in the dark. your word, sir, on this. >> no, i think you're exactly right. and not only were democrats aware, but so were the american people. and the media, quite frankly, that failed to do its job and
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ask these questions. i mean, the first time that the media ever engaged on this topic was after joe biden imploded on the debate stage. but the american people have seen this for years. they've had concerns about his mental faculties for years, and the only one that a believed the big lie on this was the democrat party and the establishment of the democrats. elizabeth: so you've got president obama, reports coming out of "the washington post" that he's telling allies biden's candidacy is not viable is. so is this what we're going to have to endure for the next week or so if he does not drop out? that they're going to continue to leak and leak and leak to get him to do so? and, by the way, do you think he will drop out? >> oh, i think there's no question. i think the people behind the curtain have made that call. they want joe biden gone. they're going to do everything they can to get him out of the race, and the real question is, who's going to succeed him. we have stood with president trump for years through
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impeachments, indictments and everything else, and as soon as joe biden has a bad debate performance, they run for the hills. look, we're happy to see the implosion of the democrat party. i think it's good for the country, but really people are focused on the issues of the day. the wide open border. inflation is crushing middle income americans, so they're in complete disarray. but it's their own fault. elizabeth: it's a version of the democrat party that we've never if seen before can and in, you know, this started up, like, about 112 years ago. it's a radical, far-left version of the party. it's not is -- the same democrat party our parents or grandparents knew. congressman fry, it's good to see you. still ahead, congressman carlos gimenez, we're going to get his take on president trump's running mate, j.d. vance, hammering china in his are rnc speech, that china has built its middle class on the backs of u.s. workers. plus, washington times opinion editor charlie hurt.
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a new msnbc meltdown. joy reid tries to compare biden getting covid to trump getting shot. we're going to dig into it. and also misleading with the background screen to make it seem like they're on site in milwaukee covering the rnc when they're in new york. we've got it on "the evening edit" coming up. today there. ♪ ♪ daughter: hey, dad. dad: hey, sweetheart. daughter: what are you doing? dad: i'm gonna clean the fence. daughter: it's a lot of fence. dad: you wanna help me? dad: aim at the wall, but get closer. daughter: (gasps) what the?! daughter: alright. dad: side to side. when you work with someone who knows a lot and cares even more... you can do this. ...you're unstoppable. (♪) wow... are you kidding me? you can do this.
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elizabeth: joining us now, washington times' opinion editor charlie hurt and fox news contributor. charlie, we've got breaking news from "the new york times". it's reporting people close to biden say he appears to be accepting he has to drop out. charlie, we know you're at the rnc. so if he drops out and if it's kamala harris and governor newsom, what would that mean for the race? >> yeah, it's -- i would say it's kind of hard to imagine it winds up being governor newsom, if you ask me. no, it's extraordinary. you know, the feeling here is that everybody is kind of still feeling a little bit tentative
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because they feel a lot more certain that kamala harris will wind up being on the ticket than they do that the president would be on the ticket even though he did, technically speaking, win the actual nomination in terms of votes from voters. but apparently, you know, i guess democrats willing to throw democracy out the window and replace him because they're now afraid they're going to not just lose the white house in november, but potentially lose many, many seats down ballot in the house and senate. elizabeth: there could be a red tsunami. charlie, let's move to this story. >> yeah. elizabeth: this story seems so against common sense. you heard that ms, this bc has been accused of misleading viewers using an led screen to make it seem like their on-air hosts are physically in milwaukee covering the rnc when they are broadcasting out of new york. what was your reaction? you know, they've been saying intermittently they're at new
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york headquarters, but critics say nowhere on the screen does it say that. [laughter] i mean, cnn's former d.c. bureau chief say, quote, how's the audience going to have faith and confidence in the actual content of the reporting, charlie? >> yeah. well, you know, liz, you and i have been in the news business a long time, and we've known about sort of liberal bias in the media for a long time. but this is so far beyond liberal bias, this is beyond fake news, this is beyond cheap. fakes. this is just straight out abject lying to their viewers about what they're doing and where they are. and you know what's really funny about it to me? you know, if there's anybody who ought to be here at the republican convention talking to republican voters and finding out about the common sense things, the normal people who believe in the republican party and want to change america for the better, it's msnbc. and the fact that not only are they hiding in new york,
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refusing to come here and learn something from these voters, they're going to lie to their viewers and pretend they are? i really think that tells you everything you need to know about those people. elizabeth: charlie, they also cut away from the rnc just as gold star families of the 13 heroes killed in the botched afghanistan withdrawal -- >> unbelievable. elizabeth: -- were speaking. they cut away from that. but, you know, let's get to this fraught, overwrought analogy. watch joy reid try to compare biden getting covid to trump getting shot. watch this. >> donald trump is an elderly man who, for whatever reason, was given 99 seconds to take a -- 9 seconds to take a iconic photo op during an active shooter situation. his survival and bouncing right back and going to his consequence is being conveyed in the media world as a sign of strength. this current president of the united states is 811 years old -- 81 years old and has covid. should he be fine in a couple of
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days, doesn't that convey exactly the same thing, that he's strong enough -- older than trump -- to have gotten something that used to really be fatal to people his age. elizabeth: i mean, talking about stretching a point until if it snaps. and also she's trying to say that trump knew to take a photo op after he was shot at? >> yeah. it's incredible. it is, you know, it's beyond belief, and it's kind of funny because jen psaki and that other fella who was on stage with joy reid when she said that,s the looks on their faces, you sort of got the idea that they realized how ridiculously, absurdly stupid it was, what she said, but then they went on to agree with her? these people have lost their minds. they should stop doing any tv. they should come out here and talk to people who support donald trump and fine out what's kind of going on on the ground here, and they might learn something. elizabeth: charlie hurt, always a pleasure to have you on.
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>> great to see you with, liz. elizabeth: let's get to this. president trump's running mate, senator j.d. vance, in his speech last night at the are rnc vowing to stop china from hurting the u.s. worker. let's get right to lydia hu with more on this story. >> reporter: liz, j.d. vance is a known china hawk, and last height that was on display when he reinforced trump's plan if to protect the american economy from chinese goods and communities from if fentanyl. >> thanks to these policies that biden and other out of touch politicians in washington gave us, our country was flooded with cheap chinese goods, with cheap foreign labor, and in the decades to come, deadly chinese fentanyl. >> reporter: under the first trump administration, the u.s. took aim at counterfeit goods and imposed tariffs on billions of dollars' worth of chinese products. thousand the trump-vance ticket
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is promising more tariffs, a 60 tariff on all chinese imports along with ending chinese that -- china's most favored nation status. >> we're going to build factories again, put people to work making real products for american families made with the hands of american worker. we will protect the wages of american workers and stop the chinese communist party from building their middle class on the backs of american citizens. [cheers and applause] >> reporter: now, both candidates -- trump and biden -- are jockeying to look tough on china with promises of tariffs on china's goods as well as trade restrictions on semiconductor chips. but by picking j.d. vance as a running mate, some might say it's trump that is telegraphing a clear tough on china message. liz? if send it back to you. elizabeth: great reporting. terrific reporting, as always, from lydia hu. thank you so much. look who's here, congressman carlos gimenez from the house select committee on china. sir, a pleasure having you back
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on. we want you to sit tight and watch this heart-warming -- we know you're at the rnc. there was an emotional sequence last night between senator vance and his mother, and then you're going to hear j.d. vance and what he thinks about what's going if on with china. watch this. >> i love you, mom. [cheers and applause] [applause] >> together we will protect the wages of american workers and stop the chinese communist party from building their middle class on the backs of american citizens. when i was in the fourth grade, a career politician by the name of joe biden supported nafta, a bad trade deal that sent countless good jobs to mexico. [background sounds]
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when i was a sophomore in high school, that same career politician named joe biden gave china a sweetheart trade deal that destroyed even more good american, middle class manufacturing job9. jobs. elizabeth: well, he really took it to 'em. what do you think, sir? >> music to my ears especially with china. you know, i've been a china hawk for a long time. of it's the greatest existential threat that we have to america, our way of life and our security not only here in america, but also around world. so i like what i hear from our vice presidential nominee. if i think he's spot on. elizabeth: match, there's lots of create self-that tariffs will increase inflation, trump tax cuts will too. but you have hedge fund manager bess end, he's slamming this as off way, that they'd be phased in, that it would create growth. what do you say? >> look, i didn't hear the first
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part of the question, but as far as trade is concerned, i've been calling on we need to start decoupling there if china like yesterday. also a he was pot on that china is poisoning -- spot on that china is poisoning our youth, killing over 80,000 americans every year, producing the chemicals that make fentanyl. they incentivize that for export, but it's actually illegal to sell those democrat calls -- chemicals in china. china's really a state sponsor of terrorism with the fentanyl they're producing that's killing over 80,000 americans every single year. and it was heart warming to see that exchange between j.d. vance and his mom. his mom was addicted for a long time, and i, you know, we pray for her, and we're glad that she's been sober for over 10 years. it was really a great scene between her and her son. elizabeth: congressman gimenez, appreciate you. if thank you so much. >> thank you. elizabeth: still ahead, "the evening edit" debate with nancy
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tengler and also former investment banker, wall street pro and author carol roth. look at that, they're also in red. this breaking news late in the day, a top appeals court just blocked president biden trying to again hit the inflationary spending button as his campaign hits a wall. this court stopped dead in its tracks all of biden's student loan bailouts right as he tried to expand it again. but we want to first check in with my buddy sean duffy at the rnc. what you got coming up on "the bottom line," sean? sean: hey, e-mac. a great show. optimism and energy coming from this convention in milwaukee is exuding everywhere, but what impact is the trump economic policy going to have on the average, everyday american, the forgotten men and women? we're going to have larry kudlow come in to discuss as well as the assassination attempt on donald trump what's the senate going to do in regard to to holding people accountable? senator markwayne mullin here as well as the convention focuses
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and gives a voice to gold star families, one of last night's speakers, staff sergeant david bellavia is going to join the show as well as an actor who's in the new reagan movie, dennis quaid is going to be here to talk about the convention and his movie live and many studio. so stick with us, top of the hour. don't wanna miss if it. ♪ feel more confident with stock ratings from j.p. morgan analysts in the chase app. when you've got a decision to make... the answer is j.p. morgan wealth management. it's pods biggest sale of the summer. save up to 25% on moving and storage for a limited time. and see why pods has been trusted with over 6 million moves. but don't wait, use promo code big25 to save. visit pods.com today. your best defense against erosion and cavities is strong enamel. nothing beats it. i recommend pronamel active shield because it actively shields the enamel to defend against erosion and cavities. i think that this product is a game changer for my patients.
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the moment i met him i knew he was my soulmate. "soulmates." soulmate! [giggles] why do you need me? [laughs sarcastically] but then we switched to t-mobile 5g home internet. and now his attention is spent elsewhere. but i'm thinking of her the whole time. that's so much worse. why is that thing in bed with you? this is where it gets the best signal from the cell tower! i've tried everywhere else in the house! there's always a new excuse. well if we got xfinity you wouldn't have to mess around with the connection. therapy's tough, huh? -mmm. it's like a lot about me. [laughs] a home router should never be a home wrecker. oo this is a good book title.
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elizabeth: joining us now for "ooh the evening edit" debate, nancy tengler and carol roth. nancy -- by the way, thank you both, lady, for joining us tonight. nancy, we've got to take this to you. the exact same day biden tried to bail out even more college loan debt, $1.2 billion there, the eighth circuit appeals court this louisiana stopped biden's student loan bailout in its entirety. what do you think of this, nancy? >> yeah. thank goodness, liz, right? i, you know, i go back to when the student loan program was niche -- initiated in 1997, and the department of education told us we were going to earn $6 on every to to $1000 leapt. instead, we lost $9. and now you add to that the compounding of just forgiving the debt, it goes straight to the deficit. this is a bad plan.
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it's clearly pannerring before an election, and note that it was only for public worker. so know your audience. i think it was very well crafted, and i'm glad it got shut down. elizabeth: that's interesting, what nancy just said. it's pandering, trying to buy votes. carol, you saw the decision, the court agreed with state a.g.s, it's unconstitutional, it's unfair. why should those who never went to college have to pay for that? colleges are sitting on endowments the size of hedge funds. i mean, hasn't this always been a bailout of9 fat cat colleges? >> yeah. i mean, this is the big problem with it. and it's a nuanced discussion, because the u.s. government as nancy was talking about, we expect to earn money on kids' students loans -- student loans. all it's been is a predatory lender, and i would argue it is the large predatory lehner in the entire world, enabling a wholesale transfer of wealth from young people to colleges and their administrators.
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when you offer up something like cancellation, as we all know, it doesn't get canceled. it just gets moves, it gets shifted. and that sometimes goes to people who didn't go to college and to people who paid off their own college loans. and it continues the not have any accountability for the colleges. they don't have any skin in the game, they can continue to increase their prices knowing that they bear no burden, and they, you know, put out these degrees with no return on investment. so we need to get to the crux of the problem, and that's my issue. i want to solve the student loan debacle because it is a debacle, but we need to get to the root of the problem solve that and not just have political theater in an attempt to -- elizabeth: i have to correct myself. i made a mistake, dear viewer, i'm so sorry. it was not louisiana, it's the st. louis circuit court. so what carol just said. we've got college bloat. also you could conceivably think, nancy, there should be a
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racketeering case brought against u.s. colleges for moving in lockstep, raising college tuition and tuition gouging families while they've got college bloat. they are built on the real estate hotel model, you know? we've got five-star dorms, five-star cafeterias even spas, gyms, white el fan, you know, football stadiums -- elephant -- but the american family is getting hurt. nancy, should they take away their tax breaks? because colleges live tax-free on everybody else's nickel. is that the way to stop it? [laughter] >> i mean, i think it's a good start. and i think they ought to get rid of tenure. i taught college for fave years, and what i saw was so -- five years. what i saw was so dispinting. professors who didn't speak up -- show up because they'd been tenured. i think we need to stop allowing them to also just continue to raise tuition well ahead of levels of inflation even with recent inflation. it's a bad gambit, and i wish
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parents would wake up and, you know, maybe utilize community colleges for the first two years but certainly not continue to feed into this. and, yeah, i think it's a real rob -- elizabeth: what nancy just said. yeah, community college for the first two years, then maybe to another school if they want that pedigree degree. carol roth, final word. >> yeah. get the colleges out of lending. allow students to have some bankruptcy protection like every other loan. have underwriting and have the colleges hold a piece of that. if they're accountable ask they have a piece of that and they can have bankruptcies, they're going to be pushing degrees that actually produce a return on investment, and they're going to have some skin in the game. we're going to see everything shift and and change. elizabeth: it sounds like east of you could be an education secretary in trump's administration. [laughter] nancy tengler, carol roth, appreciate you so much is. thank you. still ahead, are rnc youth advisory council chair, he's the one and only c.j. with pearson. he's fired up. we've got a new poll shows a
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major drop in biden's support among a key democrat voting bloc. and all eyes on the rnc. president trump is going to deliver his keynote on the. we're taking it on on "the evening edit." stay there. ♪ ♪ can i have another pancake? from full house... ...to empty nest... ...to free birds. vanguard personal advisor can help you prepare for every chapter. we got this. that's the value of ownership. hi, i'm sally. i'm from phoenix, arizona. i'm a flight nurse on a helicopter that specializes in trauma. i've been doing flight nursing for 24 years. i had a fear that i wouldn't be able to keep up. i wanted all the boost i could get!
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elizabeth: look who's here, chairman of rnc youth advisory c cancel, cj pearson. what a comeback story, president trump, speaking at rnc he is now leading in all 7 swing states. >> i tried to i impeach this president and failed. this is the story of the most resilient man of america. elizabeth: we don't know what happened with thomas matthews crooks, they still don't have a motive. we're in a unique --
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point in time. we have a new poll, indicates they 31. drop for black women planning to support biden versus, something like 64% in 2020 that is according to that unique poll. 95% in 2020, now 64%. watch president biden address claims he is losing support from black voters. >> ordinarily would go through black -- working through the neighborhoods, i have a tradition, every campaign, no matter what campaign going to the projects and the east side, hey, joe, how are you doing? well just because -- let them know i'm still there, we can't do that now, not because of make community it is too dangerous for me to be out, we don't need more
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cops we need more social workers. elizabeth: your reaction. >> >> this is disgusting. if you want a real reaction you should talk to single black mothers in the city of chicago to are afraid to allow their children to go out and play on the sidewalk, they don't know if their child will come back home or be shot dead because of disastrous policies that allow criminals to run the cities. you know joe biden saying that reason he is lows black vote is -- losing the black vote because he can't go into the projects is disgusting. i know black people thatten to live in the projects. woke and broke do not just rhyme, they are synonymous, a don't want to be woke and broke. elizabeth: final word, "new
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york times" reports people close to president biden say he appears to accept, he may have to drop out. >> i think that president biden will not be who we are competing against in november, we will have to deal with cackling kamala in november, i believe that president trump will handle her very well. >> cj pearson thank you for joining ui'm elizabeth macdonald, thank you for watching "the evening edit" on fox business. it was quite a news hour, we'll stay on it for you tomorrow, time for "the bottom line" to sean duffy he is at the rnc. they will be covering president trump's address tonight. sean: thank you so much ♪ ♪ sean: i am sean duff

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