tv FOX and Friends FOX News July 22, 2024 4:00am-5:00am PDT
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>> steve: we have got a fox news alert. 7:00 in new york city. another historic moment in this 2024 election cycle, which has had plenty. president joe biden yesterday announced at 1:45 he is dropping out of the presidential race just 107 days before we all vote. >> lawrence: the move comes amid all new reporting suggesting biden hesitated to drop out because his team didn't think vice president kamala harris could handle taking on former president trump you. >> brian: but biden giving harris his full endorsement shortly after biden pulled out. harris pulling in $49 million in the last 24 hours according to
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the campaign. >> ainsley: news outlets all across the country reacting to the historic moment as we see the 50-plus political career of joe biden come to an end. we have live team conch this morning. we have brooke singman she is here in new york with how the democratic party is responding to the news. we begin with jacqui heinrich live in rehoboth beach, delaware where the president is this morning. good morning to you, jacqui. >> jacqui: good morning to you guys. for 23 days the president maintained that his decision to stay in the race was final. but his oldest allies like chuck schumer, nancy pelosi, hakeem jeffries and barack obama all made clear privately that they weren't satisfied with that decision. and politico reports it was about to turn ugly, the biden team was bracing for pelosi to publicly release private polling showing that the president's race was doomed. listen to this quote nancy made clear they could do this easy way or hard way. gave him three weeks of the easy way. it was about to be the hard way.
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biden came to grips with his faith on saturday afternoon requesting over the data and the fundraising picture with his two closest aid steve are a checky and mike donlin still physically separated from the president due to covid. biden notified vice president, chief of staff, and campaign manager in the afternoon shortly before he sent that letter out publicly. he also called one of the last men standing in his corner, jim clyburn, whose support launched biden to the presidency in 2020. biden revealed his intention to him to back his vice president. >> the president called me earlier today. before he went public with the announcement. he sent a second statement, expressing his endorsement for kamala harris. because he knew for a long time where i stood with this.
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>> jacqui: where i stood with this. he wanted the president to back his vp. axios reports the president hesitated getting out of the race because he doubted kamala harris could beat trump. in a rare press conference, as he tried to cover from his disastrous debate performance, he explained why he abandoned his 2020 pledge to serve as a one-term president. >> a bridge to a future generation of leaders. >> what changed was the gravity of the situation i inherited. in terms of the economy, our foreign policy, and domestic division. what i realized was my long time in the senate had equipped me to have the wisdom on how to deal with the congress, to get things done. >> jacqui: harris will have to earn the nomination formally at the convention, she needs 1986 delegates, as of 10:00 last night 531 had endorsed her in the first seven hours after biden withdrew from the race,
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act blue announced 46.7 million in small donations. they are now around the $50 million mark. so the base is newly energized. but it is clear, guys, that the president to hold the first debate before the convention was one of the most consequential of his campaign, if not his 50-year career in public service, guys. join. >> brian: jacqui, just your estimation covering him three years who made the decision to have that debate? >> jacqui: that's a very good question. if i had the answer, i would let you know, but there's a lot of discussion happening among democrats right now about, you know, whether it was really a good idea. if there was some lurking concern among his closest allies that maybe this decision to stay in the race might have to change. other people have said that the president fully expected to just cream donald trump. not a lot of clarity on that decision. but it is being talked about in
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democratic circles, guys. >> steve: because, jacqui, they had the first debate so early because the conventional wisdom and what we heard back then weighs if joe biden has a disastrous debated, there would be plenty of time for him to recover. and that was the thinking until yesterday at 1:45 in the afternoon. are the campaign people you are speaking to, are they hacked off that it sounds like pretty much everybody in biden world found out he was dropping out one minute before that tweet went out. >> jacqui: they were all very surprised. everything i have heard this was because the president wanted to make the decision the announcement in his own way. he was very unhappy with basically everyone in his corner not sync what his decision was for 23 days, which was to remain in the race. he september saying, i'm staying and that's it. and all of his biggest, closest allies, democratic heavyweights like the former president obama. nancy pelosi, schumer, jeffries
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all saying we think he will arrive at the right decision and that was a nice way of saying you better change your mind. >> steve: right. >> jacqui: president wanted to hold on something of his own his announcement to do it his own way. that inner circle shrank to include allies anita dunn basically an obama era holdover in his inner circle all the way through his presidency. a architect of a lot of his administration strategy. and her connection with obama. obama's decision that, you know, the party needs to move on from biden. who knows at what point she was sort xed out of that circle. in the end came down tory chety, donlin and the president. >> steve: senior white house correspondent jacqui at the beach. >> brian: anita dunn prepped him for the debate. >> ainsley: her husband played trump. >> lawrence: i don't blame being upset. can you imagine have a problem
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for so long and everyone surrounding you and saying everything is okay? going out there? it's like me coming on set drunk every day and you guys. >> steve: we weren't telling anybody. >> lawrence: severing fine. i finally have a moment and embarrass myself on tv. and everybody goes he has to leave. i think it's so unfair for all of these people who made all these public statements and then they want to -- they thought he was the best person to beat donald trump because they had beat him before. and now that he is -- you know, chop liver to them now, they just threw him to the wolves. >> ainsley: another example of the lying and lying and not being held accountable for it. we saw that with the russia ordeal. we saw that russia, russia, russia. we saw that with the laptop. hilhillary clinton destroying hr classified comments. we saw this over and over. and working behind the scenes to finagle this and considering joe biden the punt. they are the master mind mind the scenes.
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>> steve: the question is who does the democratic establishment support? because we had seen a bunch of state chairs already come out and endorse kamala harris, she certainly is the frontrunner right now. but you have got the people who are really running the party. have not thrown their name out there for anybody. hakeem, chuck, nancy, and barack obama. you know,. >> ainsley: what about the money? she is the only one that can raise the money. >> steve: they raised 50 million bucks yesterday. they are going to have a meeting the dnc at 2:00 to figure out the rule. the only rule throughout to get on the list as a candidate to be nominated you need 300 signatures from about 4,000 did he goes to be a potential nominee. i think there are going to be democrats to challenge her if they just appoint her or anoint her it willlike like the fix was
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in. >> brian: 153 congressman, all democrats already in her corner. including roy cooper is another person that could be running with her. obviously shapiro. pritzker shah shapiro all endorsed her. >> ainsley: hoping if she becomes the nominee they could be vp. >> lawrence: whoever the nominee they get no votes from the democratic voter, the american people? this is so insane. they knew he was messed up before they pit put him out there. they could have had a primary purpose and let people vote on it. there is no real vetting that's going to happen. no debate between the democratic party. >> no march primary. >> this was intentional? >> i think it was definitely intentional. when you looked at all the polling before, most of the democrats did not want joe to win. and they still said no primary, no debate. robert f. kennedy left the democratic party as a result of
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that. >> brian: he was kicked out, really. >> lawrence: let a bunch of party go getters who is the nominee? that's crazy. >> steve: we have seen floated. series of town halls where they debate the issues. >> lawrence: what a joke. >> steve: i think somebody else is going to challenge her. right now if they just appoint her, it's going to look dirty, somebody is going to come forward and say, you know, in the interest of an open process, i'm going to put my name out there, even though i have already endorsed. >> brian: outside j james comey? james comey has already said? >> steve: main line democrats, democrats we are talking about for vice president, one or two or three or four could challenge her, just to make it a contest. she may run away with it. she has already got 50 million bucks, but there will be challengers. >> ainsley: people will be afraid to challenge her they want to be v v.p. >> steve: what if they already endorsed her. >> ainsley: like gavin newsom.
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governor shapiro? >> steve: hey, listen. we want to make this seem open and fair so i'm going to throw my name out there. let people vote their conscience. i have already endorsed her. >> brian: that's a theory. but the cat is out and horse is out of the barn and cow is out of the barn. >> steve: how many animals in that barn? >> brian: no way can you pull the wool over our eyes again. hey, this looks good to me. okay. fantastic. like any other day. i got 25 story lines, none of which make sense. >> ainsley: why aren't the american people upset about this? >> lawrence: so corrupt. >> brian: they might be. no one knows if the american people are upset no. one talks to them. >> brian: they don't care. >> don't give addresses or press conferences or speak to the people. >> steve: i will do a dooce on the loose next hour and talk to people. >> ainsley: 107 days until the next election and have no idea who is running on the next ticket.
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>> brian: piano man billy joel. >> steve: it's not moving. here is why the party insiders have not endorsed kamala harris yet. because, in the internal polling donald trump still beats the living dates out of her. >> lawrence: of course. but you couldn't skip her. >> steve: some of the information presented to joe biden was she polls better than he does against trump but trump would still run away if the election were held today. >> brian: right. >> steve: don't worry it's not being held today. >> brian: who wants to toss to brooke? >> ainsley: it says ainsley in the teleprompter. >> steve: it's not a question. >> ainsley: brooke singman joins us now about the division in the democratic party. >> brooke: vice president kamala harris is speaking today for the first time since all of this new broke. she is scheduled to give remarks 11:30 eastern this morning at the second white house college champions day event. laying out a pat for the nomination. the country will undertake a process united democratic party with candidate who can defeat
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donald trump in november. this process will be governed by established rules and procedures of the party; however, the democratic party is noticeably divided over whether its members will back harris for president. former president obama issuing a statement praising biden's work in office. without mentioning harris. instead, calling for an open process. other big names also are not falling in line including former house speaker nancy pelosi. house minority leader hakeem jeffries and senate majority leader schumer. the "new york times" editorial board joining that list saying, quote, there are other qualified democrats who could take on mr. trump and win and picking a candidate without a real contest is how the party got into a position of anointing a standard bearer that large majority of democrats and independents had profound concerns about. adding that while the hour is late, there is still time to put leading candidates through a process of public scrutiny. before the convention, which is next month, meanwhile the
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clintons say they are, quote: honored tone doors kamala harris and they aren't alone with 178 democratic lawmakers following suit with their endorsements. but, kamala harris is not the nominee yet. meanwhile, independent senator joe manchin tells us he may be considering reregistering as a democrat throw his hat in the ring. here's what he said about that just moments ago. listen. >> if i was going to do that, you know, would i change back to a democrat? those are things that have been talked about. this has came about so quickly. i haven't really processed that or gone through it. >> close to 4,000 delegates will be gathering in figure next month at the democratic national wrengs. most of those already been given to biden when he won the primary now been released since he has dropped out. >> steve: all right, brooke. thank you very much. >> lawrence: i agree kamala is a bad candidate. i don't know what she will run
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on. >> steve: the biden record. >> lawrence: that's terrible record. do you want to run on the border and the economy. too comfortable. because we have had the former president, he has the wind in his sales sails especially aftee assassination attempt it really united the republican party. there hasn't been a vote cast yet in the general election. so i don't want us to get to the point where we are saying the democrats are in such chaos that we have won it already. that concerns me. >> ainsley: i think republicans thought thousand that they were definitely going to win before the convention because of the assassination attempt, because of the great convention. because joe biden failed miserably in the debate. now that they are talking about another candidate i think that worries more republicans. >> lawrence: i hope so. >> brian: in the war room trying to come up with a battle plan. 146 announcement they do have a plan for kamala. just in case. >> lawrence: they had that ad
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yesterday to governmental see what ron klain said now that the donors and elected have pushed out the only candidate ever beaten trump it's time to end the political fantasy game and unite behind the only veteran of the national campaign our outstanding vp kamala harris. that's more of the fawning and suddenly the remaking of kamala harris. it begins. >> i was national co-kamala harris for president. we're so damn excited my phone is blowing up. going crazy. >> this is a woman who has great public values. she know what is she is in the game fighting for. fighting for people being left behind. >> she is broken and smashed glass ceiling after glass ceiling. enough to we have a prosecutor who they say is going to prosecuted the case against donald trump. >> and she delivers. >> i think somebody like that is really frightening to donald trump. >> only person that i will get out there and break my back for and campaign for and believe in, who is capable and qualified is vice president kamala harris. >> look, it's not about what this country was or what it is.
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it's about what this country can be. donald trump cannot do that because he is a prisoner of his age. kamala harris can. >> she is going to be really talking about sort of the power that she has and leaning on the biographer that she has to bring people in and make people understand that she is relatable to a number of americans. >> steve: so she is without a doubt the frontrunner right now on the democratic side. we don't know if there are going to be challenges. maybe. but, here's the thing. do you know who could help the democrat, whoever the nominee is? in the biggest way, most profound way? joe biden. just imagine we are in october. and joe biden signs a bunch of executive orders to help the democrats, things to stir up the base. do you know what? he is going to forgive all student loans, regardless of. >> brian: that's not going to work. it has been stopped. >> steve: last minute before the election, in grade school when the person says okay, i'm running for president, i'm going to make sure everybody gets candy every day if you vote for me. other thing, he could legalize
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pot on the federal level. so joe biden still has some arrows in his quiver. the big question is whether or not is he going to use them. >> lawrence: i think americans have had enough. we have seen it all. they have given all the treats, all goodies, the border is a mess. >> brian: already high as a nation. >> lawrence: already high as a nation. criminals, illegals everywhere. on the street killing ladies purses. taking over rec facilities. we have seen enough. the question is will the media play this fairly? and we saw what happened before how they concealed the information. now all of the sudden they're reporting the stories about the decline of the president. will they reported same stuff that happened with kamala harris? by the way, the number one person that concealed that information in her weekly meetings with the president was kamala harris. are they going to ask her questions about that? are they going to ask questions about her former staff assistant that she doesn't read the briefings. these are her staffers who say she doesn't read the
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intelligence report she is not prepared for the meeting. >> brian: nothing on her schedule. >> ainsley: i hope people vote on policies though. she comes from california. she raised the money to get people out of jail when they were arrested for the riots. lawrence the protesters. >> ainsley: can you still up to 950 would from department store nothing will happen to you, can you get away with it. high crime, high taxes in california. >> brian: she was for abolishing ice. >> ainsley: she is against fracking. >> steve: do you know what, lawrence, regarding the media. the "new york times" op-ed page is not endorsing kamala harris. they are talking about an open process. so, let's see. >> brian: sooner or later people are going to realize nobody is listening to these media experts. >> steve: let's hope they listen to us, just saying. 7:20 in new york city. some lawmakers are calling on president biden to resign as president right now today after his decision yesterday to end his re-election campaign.
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questioning mr. biden's ability to serve in office. >> ainsley: house speak mike johnson saying he must resign the office immediately. november 5th can not happen soon enough. sarah huckabee sanders saying not fit to run for president, not fit to serve as president. vice presidential nominee j.d. vance is questioning biden's ability to serve as president. >> can't run for president, he can't serve as president. and if they want to take him down, because he is mentally incapable of serving, inadvocate 25th amendment. >> lawrence: so president biden said in his statement that he plans on staying in office until january. but, again, we didn't see that all we got is a statement. there is no video, there is no photo of him writing this letter. the letter doesn't sound like the way he speaks, so there was some aide that crafted it. the letter did not even have an endorsement of kamala harris, they decided to do that on his personal twitter page or x after that. so how do we even know? we don't know anything. >> brian: he has not had a cabinet meeting in nine months.
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we know he is not a day-to-day guy if you look at the schedule, only work until 5:00 is, it in the republicans' interest to go for that 25th amendment and get him out now. trey gowdy thought about that. watch. >> you know, the 25th amendment, republicans better be careful what they ask for. would you rather run against incumbent kamala harris or the kamala harris that got the exact same number of delegates that the three of us got when she within a ran from president it's just the three of us didn't run. >> that would give her quite a leg up. >> listen, they have to be really careful. i agree with him. let's say they put her -- she becomes president now. they have 107 days to make her look like a gem. then that's when they get -- try to get rid of student debt. whatever it is that the democrats want to get the votes or what the independence want to get the votes. they will make her a queen. >> lawrence: suspects so true, ainsley, part of me is so upset that a lot of people aren't concerned about the country.
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like, shouldn't we know who is actually pulling the levers here? clearly not him. is he out of the race now. can we get to the bottom of who is running the day to day? >> he is meeting with netanyahu on wednesday. >> lawrence: that will be interesting. >> evidently going to bee rate him because he has now begun to win the war. 22 minutes -- steve, do you want to say something? >> steve: later. we have another hour and a half, thank you, brian. >> brian: the campaign collapsed. brian exits. >> ainsley: next guest predicted it would happen. co-founder mike allen is here next. ♪ ♪
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assassination attempt of former president donald trump and many lawmakers here on capitol hill are demanding answers. including house oversight committee chairman james comer who has issued a subpoena requesting the testimony from secret service director kimberly cheatle. the director says she is happy to come here this morning, testifying beginning at 10:00 a.m. she says in a statement, quote: we are eager to cooperate with the independent security review of the u.s. secret service's actions related to the july 13 assassination attempt of former president trump in butler, pennsylvania. i look forward to the panel examining what happened and providing recommendations to help ensure it will never happen again. now, here's chairman comer from his opening remarks, saying, quote: it is my firm belief, director cheatle that you should resign; however, in complete defiance director cheatle handwriting it and i she will not tender her resignation, therefore she will answer questions today from members of the committee seeking to provide clarity to the american people how these events were allowed to transpire. the secret service has an annual
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budget of $3.1 billion, ainsley, ahead of cheatle's testimony as referenced in her statement. dhs has announced a bipartisan independent committee of law enforcement experts to conduct a 45-day review of the july 13th assassination attempt of former president trump. as i mention hearing set to get underway at 10:00 p.m. oversight committee colorful personalities on the committee. aoc, byron donalds, jamie raskin, many others, marjorie taylor greene, it could get very sporty here beginning at 10:00 a.m. ainsley? >> ainsley: $3.1 billion budget and there weren't enough people there. >> billion. >> ainsley: billion with a b. c.b. cotton butler, pennsylvania with the latest findings of what went wrong. c.b.? >> hi, good morning. to our knowledge secret service director kimberly cheatle has not visited the rally site behind me where former president donald trump survived an assassination attempt. as we have been talking about, she will still face but will
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likely be a grueling set of questions about how the gunman, thomas crooks was able to gain access to an unsecured roof. in the meantime, lawmakers are doing their own digging. republican senator ron johnson of wisconsin releasing preliminary findings into what happened, showing what law enforcement on scene knew about crooks during the rally. his office saying secret service did not attend a security briefing provided to local swat and sniper teams july 13th. law enforcement said communications were siloed and not in radio contact directly with secret service. and local law enforcement notified commands about crooks prior to the shooting and received confirmation that secret service was aware of the notification. the senators' 13 page report also included these photos of crooks. we've told viewers before that the photos were circulated among officers before the shooting. now johnson's office says a local sniper took these photos nearly an hour before the
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gunfire. and johnson's office says a local sniper also took this picture, a little more than 30 minutes before the gunfire of a bike and bag near the building crooks fired from. the senator says it's not clear what happened to those items after the attempted assassination. now house homeland committee chair mark green is set to visit the rally site this morning around 11:30 local time with committee members. we will be here monitoring, back to you. >> lawrence: great job, cb. now to another fox news alert. the white house says president biden will finish his term after announcing that he is dropping out of the race of 2024. axios reporting that the president's decision took so long because he had doubts about kamala harris if she was really up for the job. adding, grim swing state polling finally forced him to accept reality. our next guest predicted we would being in this situation. joining us now with more from his reporting, axios co-founder
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mike allen, mike, have you been great on this. you have been following it from the very beginning. so tell us how this all went down. apparently the president was not shared data and there is some reporting that suggests that even nancy pelosi picked up the phone and said who is telling you this? what do you know? >> that's right. fountain see you in milwaukee. and the data mob came with data. we had reporting as you mentioned that top democratic leaders believed that president biden, as soon as this weekend, would pull out. and one of the impediments, one of the things that stopped him was he was furious about all those people you mentioned who were undermining him. people who had been with him, he had been with them throughout their political careers. people who just a few weeks ago were asking him for favors. were now saying that he should step down from the ticket. but we're told that over the
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weekend, there in rehoboth, beach, delaware. the president was shown there was no path. the way one person put it to me was they tried everything. it's been three weeks since the debate now. nobody could put together the data points that would show president biden winning so, what i am told is he overcame his fury, his rage at those people who had basically stabbed him in the back politically, and the quote that someone said to me was they said he bowed to reality, he is a professional, sure enough, after 50 years in public life. >> lawrence: mike, can you give us some insight? who was preventing the president from from seeing this data? i mean, he was down before the debate. of course, the former president got a better lead after his terrible performance, but, nothing really had changed, i mean, he was going only down and down and down in the polls, so, were they just lying to him the entire time? can you shed some light?
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>> well, the president reads the paper, in fact, he reads an actual paper, we see him carrying the print "the washington post" on to air force one. so he knows. but we see what we want to see. and the president just did not want to see this data. and axios who a story this up morning from alex thompson reporting a scoop that one of the reasons the president was reluctant is that there were counts on hits staff, about vice president harris and how she would carry the ticket. and as your viewers know, throughout the biden presidency she has not gotten the elm abrasion from the presidential wing that president would want to. obama people said they were very intentional about giving then vice president wins. she didn't. ththat was one of the reasons. i'm told now this is likely to move any vast.
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james carville the ragen kay john who had been calling for a series of regional primaries. he told me yesterday that he now sees very little time or appetite for any kind of an extended process, whether it's debates, whether it's mini primaries, whether it's flash primaries, he says there is just not that time. he said the vibe now is let's go, and let's go for the democratic party vice president harris. >> lawrence: mike, part of my problem is many people in the white house concealed this information from the american public. they liked journalists asking questions. many journalists didn't ask the questions. alex thompson did, working for axios has been covering this story for a while. our guy, peter doocy. this is the white house defending president biden before, watch. >> i will quote a little bit of what the first lady said. behind does more in one hour than most people do in a day. his age, with experience and expertise is an incredible asset
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and he proves it every day. and instead of republicans, you know, focusing on the president's performance in office and what he has been able to accomplish, his actual record, they do these cheap fakes. they are cheap fakes. at the end of the day, they are fakes. that's what they were. targeting the president. he is as sharp as ever, as i have known him to be in my engagement in my experience with him. >> lawrence: mike, there is two problems here. you have the concealment from the white house. but you also have concealment from some of those in the media. >> thank you for fearless reporting by alex thompson. >> lawrence: it was great. >> axios, always clinical. you are right. reporters were shamed for askinged what turned out to be very very lit mat yes, sir, questions that have aged very well. so now, you are instantly going to see the trump pain, republicans, making this an issue against vice president harris. they are going to say what did she know?
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and when did she know it? was she a party to concealing the president's condition? the harris campaign already has a very clear plan for fighting back. they tell me that instantly, she becomes the face of reproductive rights, appealing to many voters. she is 19, 18 years younger than president trump. she is 59. he is 78. so republicans are going to say you want to talk age and fitness? bring it on. and, we're going to see the frame of the prosecutor. she was, of course, the elected d.a. in san francisco, former attorney general in my native state of california. the prosecutor vs. convicted felon. you will hear a lot about that fast from democrats. >> lawrence: that's a great tease. i'm up against a hard break. thank you so much for your reporting. more "fox & friends" on the other side. ♪
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♪ >> jesse: so they are going to cook up something at the convention. they might throw gretchen whitmer at you. they might throw gavin newsom at you. they might throw michelle obama at you. >> i wouldn't be worried about any of them. look, they have bad policies. forget about the people. they have an open border policy. they have a high tax policy. they have a bad myrtle policy. the whole world is going woke. their world is going woke. the green new scam, we are spending all our money on things that don't work. the whole thing is a mess. our country -- if we don't win this election, we may never have another election. i'm telling you it, may be our last election. >> brian: no doubt about it they have a plan. very tight team. they knew this could be a possibility. they have a plan for kamala harris. in fact, that was the story in yesterday's "new york times" or excuse me saturday's "new york times." there is a plan for number two to be number one. and one of which they are going
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to go out. number one on the border. number two about the fracking. number three about her going for a $10 trillion green new deal one of the first to go do that. her weakest point is the interview. interviews on policy is what blew up her candidacy. she can give a speech, smart, but doesn't put the work in. she can't go deep on issues. she is asked directly, that's when you are find out where she is at. >> steve: you know a major liability for kamala harris, she wants to ban plastic straws. just saying. >> lawrence: that's just one of the crazy initiatives. >> steve: trump team tweeted that out. jason miller tweeted that out yesterday. here is he earlier on our program talking about kamala harris and her path forward. >> democrats can not point to a single state where kamala harris now puts in play where it wasn't before. let me give you a quick example. look at arizona and nevada, well, kamala harris was joe
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biden's border czar. that's going to be a disqualifier. you take a look at georgia, minnesota, where harris' week on crime policies will be a disqualifier, but then you take a look at harris' role as the chief advocate for the green new scam. going to be a disqualifier in union heavy states like wisconsin, michigan and pennsylvania. so as you go around state by state, the data is actually really bad for kamala harris. >> lawrence: i will just say this, the trump campaign seems to be way more organized this go around versus the 2020. they had people on the campaign that should have never been around a political campaign. they had no experience running, but they have prepared not only opposition research but ads on every single candidate that could be at this -- if there is this crazy convention. so, i wouldn't under estimate them on this. obviously, they were thinking kamala harris because they had that ad cut already to go that they released on x. so we'll be seeing how it goes.
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i still think that the republicans should not get comfortable because they have a media that's going to cover for them. we see what they did for four years covering joe biden's conditions condition. >> ainsley: says a lot that obama, schumer, nancy pelosi not endorsing kamala. what do they know? what do they know about her behind the scenes? >> lawrence: what are they waiting for. >> steve: she can't win. they want somebody else. >> lawrence: what happens to the biden wore chest. we ask stuart varney, next. ♪ ♪ >> steve: come on over. ♪es ♪ 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. it really works. this summer. snacking. just. got. serious. introducing new $3 footlong dippers. the world might not be ready for them...
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♪ >> steve: all right. kamala harris' campaign says that they raked in almost 50 million bucks after joe dropped out of the race yesterday afternoon. as democrat billionaires and donors rushed to back harris and business leaders react to joe biden dropping out. nobody knows business more than madison alworth who joins us right now live with the latest. hey, madison. >> madeleine: hey, steve. kamala harris getting her hands on war chest. the campaign 9 # million dollars of cash on hand at the end of june. but you should expect a fight there. now, the harris campaign telling fox news that they raised nearly $50 million across several
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grassroots efforts. the overwhelming majority coming from small donor act blue says it raised # 7 million that is the biggest donation day of this campaign cycle. so you have the 96 million plus the 47 million. bus this could be an issue for potential donors. the lack of endorsement from democrat heavy weights. this has some wondering whether an open convention is a possibility. remember, she is not the presumptive nominee. hedge fund manager and trump backer bill ackman knows that's not going to happen tweeting, quote: if kamala harris is not the nominee it, would be an acknowledgment that she was never qualified to be vice president. she will be the nominee. the clock is ticking for democrats. they have less than 30 days to figure out who will be at their top of their ticket. steve? >> steve: get the popcorn. it's getting interesting. madison, thank you very much. let's talk to stuart varney, host of varney and company and american built on fox business. stuart? >> again they had all that biden harris money, too.
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>> my advice would be to watch the donors. if they believe that kamala harris cannot win they will not open their wallets to her. i don't think she can win. that's the common feeling new england democrats at this moment they try to jump on board with her and i think they are coming out. >> steve: mega donor john morgan an attorney down in florida. he said if kamala harris is the nominee, mar-a-lago has a really big party that night and he tweeted this: joe biden's endorsement of kamala is his f-u to all who pushed him out. be careful what you wish for. >> watch the donor key to going forward. open convention. think of the money that's going to be pouring in from different sides. it's a dilemma. , a real division amongst democrats that's going to be an enormous fight. >> >> steve: it would be crazy. wall street, how they are reacting. friday crowdstrike debacle. >> this morning stocks will go
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up a little. this is a reaction to trump looking more likely to win the election because kamala is likely the candidate for the democrats. it's called the trump trade. the more he look likely to win, the more people put money into stocks. i would also suggest you take a close look at bitcoin trump and his team big supporters of crypto. bitcoin went up to $64,000 coin a day. watch the cryptos they are trump people. they are going up this morning. >> steve: you know that, is on the heels of a number of silicon valley people who are now kind of public i didn't vote for him before but i like trump now. >> stuart: j.d. vance was a venture call at that pointist in silicon valley. he understands these things. kamala harris wants a 35% corporate tax rate. higher than biden's 28%. receipt doesn't like that. don't expect them to get on board with a kamala harris
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candidacy. >> steve: stuart, she wants to ban plastic straws. >> there you go. >> steve: there you go. watch stuart on fox business, he kicks off at 9:00 eastern right through the noon hour each and every day. thank you,. >> stuart: stuart thank you, steve. >> steve: big hour of "fox & friends." put down that remote. we have got lots more. ♪ ♪ ♪ [honks] ♪ individual suvs for individuals. [laughing] imagine that. get offers on select models at the lexus golden opportunity sales event. ♪
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