tv America Reports FOX News February 21, 2024 11:00am-12:00pm PST
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not confirm an investigation. i will say when it comes to inspector general investigations, we always comply with those fully and will continue to do so. >> the u.s. relationship with iran has come into more focus especially as iran-backed militias like houthi and yemen are attacking and hitting positions in the middle east, leading to the deaths of three american service members. aishah. >> aishah: we are going to get to that with sabrina singh shortly. thank you. >> john: all eyes on capitol hill this afternoon where james biden is speaking to house lawmakers behind closed doors and giving a full-throated defense of his older brother, and that's where we start our hour two of "america reports". john roberts. >> aishah: aishah hasnie in for sandra smith, this is "america reports". according to an opening statement obtained by fox news digital, james biden is denying
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that president biden ever had any involvement in his financial ventures. but a witness said the exact opposite last week. >> john: remember hunter's former business partner, he told congress the biden family business was joe biden, period. bobilinski tried to blow the whistle in 2020, it went nowhere. >> we all heard from tony, he was a credible guy, he's a guy with information from inside the biden organization that says listen, this is what was going on. he went to the fbi, the fbi refused to further investigate. >> john: and politico reports biden's brother used his name to promote a hospital chain, then it collapsed. >> aishah: fox news contributor james freeman is going to join us in a minute, but first, david spunt live on capitol hill. what are you hearing about the closed door meeting? >> from everything we can tell, aishah and john, james biden is
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defending his big brother what happens to be the president of the united states. the interview began this morning at 10:30, it's supposed to last into the early evening at least. we'll see how long it goes. i pressed jim biden on his way into the building this morning. watch. >> brother's name to sell influence, sir? >> we are not commenting. >> i said did you use your brother's name to sell influence, he didn't answer but did dabble in multiple businesses and allegedly used his brother's name for influence. republicans leading the impeachment probe into the president say there are several periods to focus on when it comes to joe biden. >> i think today we are largely going to focus on the precandidate time, the money, the business, the brand, the focussing of today's questioning, specifically relative to jim biden's involvement with cefc. >> cefc is the chinese energy
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company, ties to both the community party and hunter biden, the president's son. jim biden in the opening statement said i've had a 50 year career in a variety of business ventures. joe biden has never had any involvement or any direct or indirect financial interest in those activities, none. democrats downplayed biden's testimony in the overall impeachment probe, pointing to a court filing saying a former fbi informant was lying when he had contacts -- and had ties with russian intelligence. >> they created it at the foundation of the investigation. time for chairman comer and the republicans to fold up the circus tent and get back to work for the american people. >> one week from today, hunter biden will take request he is for his deposition under oath.
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a busy week here. back to you. >> aishah: david, thank you so much. >> john: former president donald trump blasting the legal cases against him as election interference. letitia james now threatening to seize his assets if he fails to pay the eye popping $355 million fine. kelly o'grady is live in new york city with more. trump is still planning to appeal this, yes? >> he is, john. and he seemed very fired up last night about his chances with that appeal. now, listen, until that appeal is filed, these penalties, they still hold, he is still required to pay $450 million if you include interest and has to put up the funds even to appeal. he did not say whether he would be willing to post those new york city real estate assets in order to make that appeal funds, but he maintains he's flush with cash, he is innocent and underscore the banks do continue
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to do business with him to this day. and last night he teased one strategy his legal team plans to do on the crucial appeal, the lack of a victim. >> we went through a trial, turned out we were totally innocent on everything and fined me $355 million plus interest and other things. my financial statements were conservative, everybody made money, there was no victim. this guy ruled that i was guilty before the trial started. >> the former president also previewed his legal team will take aim at the size of the fine, perhaps even invoking the eighth amendment, states no excessive fines shall be imposed so we can expect trump may challenge the half a billion dollar penalty as unconstitutional and other cases have had success in the appeals process with that argument. attorney general james is coming out swinging, warning she'll seize his assets in new york if he does not pay the fine, and saying i look at 40 wall street each and every day, that is one
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of his new york properties. the former president is in the 30-day window to pay the fine or put the money in escrow or post bond for appeal. he was definitely very confident last night. >> john: kelly o'brady, thank you. james freeman, "wall street journal" editorial page assistant editor and fox news contributor. what we are hearing from the behind closed doors interview, jim biden is denying his brother was involved in business dealings, said i had a 50 year career and a variety of business dealings, joe biden has never had any direct or indirect activity in the business ventures, none, and i have relied on my talent, judgment, skill and personal relationships and never my status as joe biden's brother. those who said or thought otherwise were mistaken, ill informed or flat outlying. put it to rest for you, james? >> sounds like what we heard from joe biden in 2020.
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assured us he knew nothing about, had no involvement in hunter biden's business, one of many falsehoods he told. he told us they had no connection to the business and assuring us hunter did not make money in china. if you knew nothing about the business or had no connection, how would you know whether hunter made money in china. both false. so i don't know what credibility james biden has obviously made a career off the biden name is going to have in this case, is there any level -- president biden, biggest -- running out the russian misinformation fraud again, part of the explanation in 2020, so i think it's all pretty damning and if it wasn't,
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president biden and the rest of his team would not have worked so hard to suppress the true reporting of the "new york post" in 2020. >> john: a new threat for congress as well, jim biden's role in the americorps rural hospital chain. according to politico, pitching his brother as a presidential salesperson, saying jim biden spoke of plans to give his brother equity, according to a former executive and install him on its board according to a second. and if they found a winning business model for rural healthcare, his brother could promote it in a future presidential campaign, that sounds like involvement. >> yeah, and i think the bottom line with -- by the way, there is -- you actually had money going from americorps to james and then quickly going to joe, so this money trail is kind of
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interesting there. but at the root of all of this, it's all enabled by joe biden. if he doesn't participate in terms of meetings, phone calls, bringing hunter on air force 2, trailing along behind the then vice president in foreign countries with his hand out, it's all appalling behavior and all enabled by joe biden. he's not just the product they are selling, but he is the person who makes it all go because if he had refused, if he had told them all to knock it off years ago, and if they didn't and he had said publicly i'm sad that they are trying to do this, but i have no connection to them, these deals wouldn't work because it's that brand and that perception of influence that's being sold. >> john: let me go to the other side of the political aisle and donald trump and $355 million judgment against him and his businesses over real estate
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fraud. has to pony up the money, totals $400 million in 30 days or james said she is prepared to seize some of his assets as collateral. >> if he does not have funds to pay off the judgment we will seek, you know, judgment enforcement mechanisms in court and we will ask the judge to seize his assets. >> john: legal analysts say the judgment in this case went well beyond punitive, that it's outrageous, jonathan turley called it obscene and now letitia james is talking about seizing trump's assets. what does this add up to for you? >> i think this is why a lot of republican voters have rallied around him, even if they don't like trump or turned off, they feel this prosecution is such an abuse. it squares with none of our
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conceptions of due process. letitia james as a candidate promising to go after this guy. that's not justice where you find the defendant and then see if he might have committed crime. this is not a crime, it's a civil lawsuit, even if you believe in it. but perverting this law meant to protect consumers and here we have i guess we are supposed to believe the unsophisticated consumer in this case is deutsche bank. now, this will probably cause a round of jokes on wall street but the truth is deutsche bank has said they didn't feel victimized, they made money on the deals and so it's just i think, you know, people in the industry, a.p., "new york times" are looking for something remotely like this and don't find it. >> john: you know what they said in the past, show me the man, i'll show you the crime. >> scary. am>> john: james, thank you. >> aishah: an american ballerina is in russian custody after being arrested for treason.
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another u.s. citizen stuck in russian detention. what is the white house doing to get her home? we will ask congressman michael waltz, plus this, john. >> john: live pictures on the border as massive groups of migrants make their way across a new epicenter of the border crisis. we are following all of this as it happens in realtime there, as you see migrants walking down the road. they will be processed by the border patrol and since many are chinese, they'll probably get to stay in this country for an indefinite period of time. we'll be back with more right after this. >> we have a ten-year get out of visa free and that's the policy of this president, it's brought in us 8 million additional people without vetting in most if not all cases. stearns & fostr using the finest materials, like indulgent memory foam, and ultra conforming inner springs, for a beautiful mattress, and indescribable comfort. save up to $800 on select adjustable mattress sets, at stearnsandfoster.com
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>> john: the state department just wrapped up a briefing where spokesman matt miller was asked about an american ballerina held in jail by russia. listen here. >> any update on the latest citizen arrested in russia and access to her. >> no, i have no further updates. we seek consular access. >> john: arrested on charges for treason, alleged $51 donation to a ukrainian charity. and the state department is warning americans in russia to leave the country now. congressman mike waltz standing by and the response to russia, but first to alex hogan live from london. seems the russians will take any reason to put americans in jail. >> hi, john, that's right, and we are learning more about the new person behind bars, 33-year-old woman, karelina --
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ks ksenia karelina, she came to the u.s. on a work study program, she was in the baltimore area in maryland before she moved to california and she works at a spa in beverly hills, she reportedly traveled to russia to visit her family, parents, sister and grandmother and now the footage shows this woman taken into custody, handcuffed and blindfolded and authorities say they have arrested her on suspicion of treason for raising funds for ukraine after she reportedly made a donation of about $50 in 2022 to a u.s.-based company that provides humanitarian aid to ukraine. it's not clear how the donation was even noticed, and if she is convicted of this, she could face up to 20 years in prison. her former mother-in-law spoke out calling for her release. >> we need to create some noise. we need to give some attention to this cause. >> karelina is the latest in a
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series of americans jailed in russia, like journalist r evan gershkovich and paul whelan. it's almost a year since evan was arrested. >> aishah: florida congressman michael waltz, serves on the house intel and armed services committees. congressman, good to see you. so we have the 32-year-old american ballerina who goes to russia to visit her 90-year-old grandmother and gets picked up by russian police because she made a 50 buck donation to ukraine like two years ago. i mean -- it sounds like a bad nightmare, and i feel so terrible for her family, but this is like open season now on americans that go to russia or have anything to do with that.
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has the u.s. emboldened russia to just pick off americans? >> aishah, my heart breaks for the families, too. this issue is near and dear to my heart, all of these cases. my wife julia was -- worked with robert o'brien as the hostage envoy under the previous administration, and there's a couple of things that have to happen here. number one, it has to start from the top, from the white house, from the president himself. president trump made it clear to the entire world that there would be nothing but down side if you take americans hostage and that you will get nothing from us. you will get no engagement, no sanctions relief, no anything if you are holding a u.s. citizen hostage and we saw that first and foremost when three americans were released from north korea came home on a plane with then secretary of state pompeo, right. and in this case, the opposite has happened. right now, putin, the ayatollahs
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in iran, frankly the entire world are incentivized to take hostages, have been, there is nothing but up side. there is no consequences. and with the latest trade with iran, we have set the price at over a billion dollars per head and the trade for britteny griner, he could get his most notorious arms dealer out he had been asking for for years, in exchange for a celebrity. it got her out, left paul whelan behind, and gershkovich, and open season from the dictators for americans around the world because it works for them. >> aishah: let me ask you about the sanctions package on friday here in responsible to the death of alexei navalny. back in 2021, the president had said in the same room with vladimir putin that there would be devastating consequences for
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moscow if navalny died. well, he has now died, and the president was asked about this the other day and he said well, that was three years ago. and the russians have faced consequences. what consequences, congressman, have they faced because they continue to invade ukraine, and they continue to do things to americans like this ballerina. so, what sanctions that we have already tried have worked? >> right. yeah, apparently announce new sanctions. my position is enforce the sanctions that were already there. look, russia is selling just as much oil out to the europeans and international market, they are just doing it through china and india, and the europeans hypocritally are buying it, and you have biden's l and g ban making it higher. putin's war machine is flush with cash, number one. number two, he has not and his
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oligarchs have not faced i think personal consequences. we have to flip this on its head and things like back to the sanctions, i mean, we are still buying uranium for our nuclear reactors, the united states is, from russia rather than from allies like canada. so, they are a swiss cheese. these sanctions are like swiss cheese. we have to enforce them rather than virtue signal on new ones. >> aishah: we'll watch on friday and see if it's enough. thank you for joining us. interesting because america's newsroom had the ambassador to ukraine on and asked about the l and g pretty much ban on and new permits and didn't have a whole lot to offer, surprising to me, considering obviously it impacts all of our european allies. >> john: and this administration hammers trump for his russia policy. the same time, they don't seem
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to lack any qualm in russia for taking americans hostage like this, no deterrent factor and the white house seems to be ham strung in terms of their efforts to get people back out again. so you wonder if tougher leadership might be needed in terms of our russia relationship. elon musk says the first neurolink brain chip is working. how powerful is the new technology. dr. marc siegel joins us. >> aishah: adults have been charged in connection with the kansas city chiefs parade shooting. what we are learning about the moments that led up to the gunfire. love to buy gold. but because it's gold - they think it must be complicated. it isn't. not with rosland capital. with rosland... the entire process from start to finish is built on one concept... one... keep... it... simple. rosland capital - a trusted leader in helping people acquire precious metals. gold bullion, lady liberty gold and silver proofs,
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(♪) businesses go further with 5g solutions. that's why they choose t-mobile for business. pga of america and t-mobile are partnering on 5g-powered analytics to help improve player performance. t-mobile's network helps aaa stay connected nationwide... to get their members back on the road. and las vegas grand prix chose t-mobile to help fuel operations for one of the world's largest racing events. now is the time to see what america's largest 5g network can do for your business. >> aishah: two men are now charged with murder in the kansas city chiefs parade shooting that killed one person and injured dozens of others. two juveniles were also charged but have not been named by police. garrett, what actually led to
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the shooting? >> aishah, 25 people were shot, one of them died, and started with an argument why a guy was staring at another group. that guy is allegedly 23-year-old lindell mayes and the argument quickly escalated. according to court documents, one person told mayes i'm going to get you, to that meant to him i'm going to kill you. he pulled out a gun and started shooting the other group, and the other group fired back, and injured kids, and 18-year-old dominic miller prosecutors say fired the shot that killed and killed 43-year-old lisa lopez galvan. 24 other people, including nine children were hit. mayes and miller are charged with second-degree murder, armed criminal action and unlawful use of a weapon. prosecutors say it's just the beginning. >> we seek to hold every shooter
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accountable for their actions on that day. every single one. >> court records show lindell mayes just got off a two-year probation sentence after a pick-up basketball game where he showed a handgun. and after the shooting, they asked mayes why he chose to get into it in the first place. he allegedly responded, stupid, man, pulled the gun out, i was just being stupid. prosecutors say additional charges are coming. >> aishah: i don't know if it's enough for those families that are suffering now. garrett, thank you. >> john: elon musk says the first person to ever receive a brain chip implant from his neurolink appears to be doing well after the procedure last month. musk says he opens the surgical
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implants will be able to treat conditions like obesity and autism, even depression and schizophrenia. dr. marc siegel, professor of medicine, and fox news contributor. science fiction stuff, doc. what elon musk said about the first patient. listen here. >> the patient has made a full recovery with no ill effects we are aware of, and is able to control the mouse around the screen just by thinking. we are trying to get as many button presses as possible from thinking, so that's what we are trying to work on. >> john: wow, a brave new frontier, doc. >> yeah, you know, john, this is part of a brave new frontier, he's a piece of this. what he's doing is putting a lot of attention to it, which is good, it will bring more investors to the space. more and more innovation going on. another company called synkron
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testing on humans. elon musk previously had tested on monkeys, he's got fda approval, and looking at people who are paralyzed. and neurolink, it's not new but the way he's doing about it is new. 1,000 electrodes connected to the link that senses around the brain and the spinal cord and then can emit signals with a bluetooth kind of idea, and the goal in this part of it is to get people who are paralyzed to feel, to be able to use computers, as he's saying there, critics are saying we want more data, we want so see more than these announcements. we want to see what the science showed. that's fair but we are seeing that at other places. university of california san francisco is working on this with speech. people that i talk to about neuro di
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neuro degenerative say it's degrees great for alzheimer's, and parkinson's, but they say it's for a narrow region like quadriplegia. musk says maybe a.i. can be combined with the human brain. that's where people are nervous. i like as a physician having specific applications, john. >> john: one of my favorite movies "the matrix," any skill you needed to have could be uploaded into your brain, like this. watch here. >> can you fly that thing? >> not yet. >> operator. >> tank, i need a pilot program for b212 helicopter. hurry. >> let's go. >> john: the technology is not
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quite there yet, but i'll tell you one thing. elon musk has a stellar track record of making huge leaps in terms of application of the technology. remember when he could not get his boosters to land properly. now it's routine. seems to me as though if anybody can do this, it's him. >> i agree. and i think the movie clip from "matrix" is really where we are going with this and i think we are going to be able use this technology again, more and more investors entering the space to help you with tasks we need to master or have forgotten, with the help of artificial intelligence. two bits of warning here, though, and you know the second one, the first one is we don't want to get this to the point where he says black mirror. black mirror, you can revisit your old memories and then use them going forward, see them ahead of you. makes me nervous. and the other one is "manchurian candidate". it has to be something we have cyber control over.
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don't want remotely the idea of somebody controlling our thoughts. he talks about telepathy, and the paralyzed man controlling the computer mouse, he called that program telepathy. i don't want people controlling other's thoughts. neuro scientists say it has a practical application for disease processes. >> john: five years ago you could not ask your phone to write some things, but now you can. this advances quickly. great to see you. >> this is the future, john. good to see you. >> john: good to see you, too. you can imagine if somebody is a paraplegic or quadriplegic and have an exoskeleton, control it with their brain. what i would love to do, say i need to speak mandarin -- >> aishah: great for bill melugin at the border. sometimes i need a brain chip to cover that building behind me to
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get through the days there. >> john: just shuffle. >> aishah: [laughter] still to come, houthis rebels ramping up attacks in the middle east and donning a u.s. drone. is our response strong enough? my late father-in-law lit up a room, but his vision dimmed with age. he had amd. i didn't know it then, but it can progress to ga, an advanced form of the disease. his struggle with vision loss from amd
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>> aishah: houthi rebels are ramping up attacks on u.s. troops. just in the last 24 hours, the iran-backed group has hit two u.s. cargo ships and a reaper drone off the coast of yemen, while the troops continue to intercept missiles and drones in the red sea but as we know, unfortunately, it only takes one. deputy pentagon press secretary sabrina singh. good to have you on the show. i believe the pentagon said yesterday that these weapons are incredibly sophisticated and that we know that these weapons are coming from iran. so, what is the pentagon doing to cut off the supply chain here, what's the plan? >> thanks for having me on. as i mentioned yesterday, these are sophisticated weapons we are seeing the houthis employ from their controlled areas in yemen.
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they are continuing to fire them at commercial ships that are transiting lawfully through the red sea and the gulf of aden. also firing them towards u.s. naval ships in the region, and so we have done interdictions, but look, they do continue to be supplied by iran. we know iran is behind these groups and others within the region, and that's why you have seen the u.s. and our coalition partners respond in stride, whether it be coalition strikes or some dynamic strikes we see an opportunity and we take it right away to disable their capabilities from launching at another commercial ship or one of our ships in the red sea. >> it's clearly not enough, almost daily now the reports of the houthi attacks and a cargo ship, i believe, in the gulf of aden just to to sink now and the houthis are totally disrupting global trade here.
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so, nothing that we have done so far has deterred them to completely shut this down. so does the flan have to change here? >> you are completely right. they are disrupting commercial shipping and trade. in fact, one of the ships, one of the commercial ships they hit was carrying grain to yemen for the people there who are starving. so they are saying they are targeting ships that have an israeli or u.s. connection and they are not. they are actually harming their own people. but look, we are every single day taking action. we are conducting strikes, whether it be with our coalition partners or when we see opportunities arise and present themselves as they are about to fire a missile or an unmanned aerial vehicle. and we are not saying we are taking every capability that they have off the map but every day we conduct a strike we are lessening. >> aishah: ukraine, the aid
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package is stuck in the house and you at the pentagon want to see it passed as quickly as possible. but republicans have a lot of complaints about this. and one of them is the president, the commander in chief, is not doing a good enough job at relating exactly why ukraine is so important to the american people and they really want him to basically give a better strategy as to when this war could end by saying we are with ukraine as long as it takes. it does not sound like a good strategy for americans out there wondering what's happening to their taxpayer dollars. so, you are in communication, sabrina, and i would ask you, does the president, would it help you at the pentagon for the president to take the bully pulpit and get up there and explain to the american people exactly why defending ukraine is so important to people right here at home. >> i actually think president biden has done a great job of explaining why ukraine matters. again, we have a --
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>> aishah: clearly not enough. only 30% of americans out there, recent polling shows, only 30% of americans out there actually want america to do more. why is it so bad? >> well, again, i will say that the president has made the case to the american people. if we don't supply ukraine with the arms, the ammunition, the artillery that it needs, we know putin will expand this war beyond ukraine and potentially go into a nato territory. and then by the article 5 we will be bound to also enter into a wider regional war which we don't want to see, and so we need this supplemental package currently stalled in the house to be passed so we can get that -- these air defenses, artillery, ammunition that ukraine needs to continue to defend itself so america and our allies don't get drawn into a larger war. and honestly, republicans should want to pass the supplemental package because it also creates jobs here at home. we are talking about invigorating a defense base in
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states and across the country that would help support ukraine in its fight right now and joe biden, the president, has directly talked about this with the american people. >> aishah: points to make clearer to the american people, we have not heard about that much and maybe that shifts the next couple days. appreciate it. >> of course, thank you. >> john: and more on "special report," bret baier went to ukraine to interview volodymyr zelenskyy, and whether the u.s. is doing enough to help them win the war as opposed to the stalemate. >> aishah: and john kirby said it's congressional inaction, and republicans saying the strategy is not working. so, interesting to hear what the
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president of ukraine thinks. >> john: it will, tomorrow night 6:00, here on special report. pipeline workers in texas worrying about the president's energy policy. hey, grady. >> the ceo at troy construction says this equipment and his workers should be building pipelines but they are not and he blames president biden's policies. so, coming up, we'll introduce you to some of the people impacted by the policies. the pipeline workers who are out of work. that's next. otlong. except when you add on an all new footlong sidekick. we're talking a $2 footlong churro. $3 footlong pretzel and a five dollar footlong cookie. every epic footlong deserves the perfect sidekick. order one with your favorite subway series sub today. he hits his mark —center stage—and is crushed by a baby grand piano. you're replacing me? customize and save with liberty bibberty. he doesn't even have a mustache. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪
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>> john: texas pipeline workers are warning against the biden administration administration policy saying they are putting thousands of jobs at risk. fox business grady trimble live at the details in houston. grady, some projects are already on hold? >> they are, john. in fact, this company, troy construction, would like all of this heavy machinery to be at pipeline projects across the country but instead behind me, it's parked here and the ceo blames president biden's policies. >> this pipe should be in louisiana right now along with all this equipment. but when the biden administration paused liquified
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natural gas export permits, some pipeline projects for troy construction came to an immediate stop. >> about half of our business is gone right out of the chute. >> the ceo says 3,000 jobs are on the line. these are the people impacted by the policy. >> and obid, you are personally furloughed right now. you told me you have a 1-year-old daughter. >> i just recently bought a house, so i have a mortgage and i've got truck payment, i've got to take care of a little one, diapers. >> as it sets out to tackle climate change, the biden administration made a goal of creating 10 million green energy jobs. environmental group climate power estimates the so-called inflation reduction act has created 211,000 so far. >> so what do you think when you hear politicians say get a job in renewable energy? >> i'm good at my job, i want to stay doing it, and i would like to see them get a job doing
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something else. they are not very good at theirs. >> in my eyes, it's too late to switch. we live to do what we do, and we like it and we are proud of it. >> the biden administration is rushing to push through as many renewable energy initiatives as possible before the election. republicans, of course, are promising to reverse them if they take back the white house. john, you truly get a sense when you talk to these workers they feel this november their jobs and their livelihoods are at stake. john. >> john: clearly a lot of people feel that way. grady, thank you. aishah. >> aishah: president biden baling out more americans with student loan debt but could the move send inflation back through the roof?
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my name's cody archie. and i'm erica. cody: and we're first generation ranchers from central texas. erica: and because of tiktok, we're able to show people from all over the world where their food and fiber come from. cody: we have dorper sheep and we have beef cattle for the sole purpose of going into the food chain. we use tiktok as a tool to inform people
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of what we do and why we do it. there's just a plethora of knowledge and of information swapping going on there. tiktok is helping us protect this way of life for future generations. your pride and joy is measured in acres. keep them looking their best with the kubota lineup. versatile sidekick utility vehicles. the #1 rated tractor brand for durability and owner experience. professional-grade mowers for a professional cut. ( ♪ ) it's equipment built with one purpose. to get the job done right. ( ♪ ) >> john: live look at culver city, california. we're expecting remarks from president biden. the president is out on the west coast raising money as he takes another step on a major campaign
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promise. that is cancelling student loan debt. ed lawrence is at the white house with the latest. >> the president will make the announcement in about an hour. this stems from rule changes related to programs to repay student loans, this will cost about $1.2 billion, which taxpayers will have to shoulder all of that. that brings the total loan forgiveness to $138 billion. the u.s. supreme court ruled the president could not just wipe away hundreds of billions in student loan debt without congressional approval. so the administration changed the rules. so under this plan, those that made ten years worth of payments and loan is less than $12,000 is eligible for forgiveness. the rule changes would add another $125 billion that taxpayers will have to support. >> some of the rules have substantial budgetary costs. the baseline has changes in
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student loans and as another example, a change -- proposed rule from the epa on tail pipe emissions that has a large fiscal impact. >> this affects polling. the new monmouth poll shows that 45% of middle class families say the president's policies do not help them at all. 33% say it helps them a little. 16% says it helps a lot. republicans argue that people are tired of what they see as misuse of the government. he did try to give away over a trillion dollars in student loan forgiveness that was illegal. the supreme court struck it down. he didn't care. so it is dangerous the willingness of democrats to weaponize government. >> the president has vowed that he will forgive as much student loan debt as possible while he's president. back to you. >> so how much more can he do and how can he do it? >> he's doing it through these rule changes.
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there could be $441 billion is what the federal reserve estimated the president wanted to do. he wants to get to that. if the cbo director is correct, he can get to 2/3s of that amount. because it went through the rule change process, there's no legal basis to challenge it. >> all right. ed lawrence for us from the white house. ed, thanks. did you have a student loan? >> i did not. my dad sent me to school and commute so i didn't have to do room and board. i never got to live in a dorm but i was debt-free. thanks, dad. i bought my first house at 25. >> john: college was so cheap when i went to school, didn't cost that much. thanks for joining us. i'm john roberts. good to be with you. >> sandra: i'm aishah hasnie. stove starts right now with martha maccallum. >> martha: thanks, guys. good afternoon. i'm martha maccallum. this is "the story." remember this?
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