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tv   Cavuto Live  FOX News  August 3, 2024 7:00am-8:00am PDT

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neil: taking stock after the shock. remember when inflation was the big worry? now it is the beers with over recession. yeah, recession? overdone. try telling that to investors who lost trillions in the global markets yesterday and not sure what happens come monday. our traders finally paying attention to us. stocks swooning on what consumers have long been saying, this economy's a piece of work, as fewer americans than we've seen in years are finding work. things are tough and getting tougher. no one calling it a meltdown just yet, and kamala harris, no doubt, hoping it stays that way because remember how the the financial crisis doomed the republican party's grip on the race then. don't be surprised if donald trump and j.d. vance make it a big issue in atlanta odd today. folks already lining up and fired up. all that and a bipartisan look at the secret service failing bigtime three weeks ago in
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butler, pennsylvania. and explanations since aren't making critics feel any better. we're winning to talk to house homeland security committee chair, tennessee republican mark green, and democratic congresswoman madeleine dean. all that and so many storms, so little time. the one in the middle east that's getting bigger, the fall aught from that -- fallout from that huge prisoner swap and the very real storm targeting florida that is getting scarier. but we've got you covered, my friends, always a safe port in a world storm, fair and balanced. and it all starts right now. ♪ if. ♪ ♪ neil: welcome, everybody, glad to have you, i'm neil cavuto. and it is the weekend, so there is that good news. i hope you have a very good one. we want to put this scary world in perspective for you, try to piece it all together. we begin in atlanta, georgia, that's where you'll find our mark meredith with the
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trump-vance team. heir going to the exact same venn withdrew, i believe, kamala harris was using only a couple of days ago, right? if. >> reporter: neil, they sure are. i was standing in the same spot on tuesday, and we're able to compare the crowd that the vice president got compared to that of the former president. we'll see later on today. we to do know that former president trump has always made the economy a big part of his campaign, and it's likely given the the news over the last 24 hours with those fierce of ea e a recession that he's going to pivot even more to the economy going forward. we've seen in the polls that trump has always a had what of an edge when it -- somewhat of an edge when it comes to the economic issues compared to the biden-harris administration. the trump campaign though ready to fire on all cylinders on this issue put out a statement yesterday, quote: kamala harris has proudly and repeatedly celebrated her role on bidenomics.
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she cast tie-breaking votes in the senate, and despite the evidence that america's working families are hurting, she tells us these failed plans are work. so it is likely we are going to see the former president talk about the economy, mortgage rates, interest rates, everything else that would be impacting the people that come out to rallies like this to say he can do it better and bring back some of the prices we saw before the pandemic. vice president harris, like i said, also in atlanta just this weak, and and she talked about the economy, incesting that she wanted to make -- insisting she wanted to make sure americans would get the support they need. whether or not that economic message would resonate in georgia is still tough to tell because the latest real clear politics average shows trump with a slight advantage in georgia. nothing of a blowout, anything that would -- nothing that would say this state's a lock, but an indication that trump has somewhat of an upper hand in georgia. he lost the state four years
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ago, won it many 'a 16, so it's going to be a true toss the-up. but the crowd out here today does seem to be fired up. neil? neil: all right, my friend. mark meredith in atlanta on all of that. well, the administration has been saying throughout this economy that the trend is our friend. but keep in mind the unemployment rate notched up again for the fourth straight month in a row, and that is what folks -- has folks talking slowdown. lucas tomlinson at the white house on how they are handling that. lucas. >> reporter: that's right, neil. the markets were down big here in the united states and japan as well, stoking fears that a recession is might be underway. we'll still have to wait. and as you mentioned the unemployment number, 4.3% in july, that's about a percentage point high than in july a year ago. and the biden administration acknowledging the increased unemployment in their statement writing, quote: today's report shows unemployment is growing more gradually at a time when inflation has declined significantly. prices are still too high. now, vice president harris has
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wrapped up the nomination thanks to that delegate total. we are with two weeks away from the democratic national convention, of course, neil, where her nomination will be made official. who's going to be with kamala harris on that stage in chicago? the list is down to six, four governors, a senator and a transportation secretary. you know the names. harris will appear with her running mate in philadelphia on tuesday which would lend most believe it'll be pennsylvania governor josh shapiro. harris spoke to supporters on a phone call yesterday. we're going to read this to you. she said, quote, i am honored to be the presumptive democratic nominee for president of the united states, and i will tell you the tireless work of our delegate, our state leaders and staff has been pivot, in making this moment possible. i will officially accept your nomination next week once the virtual voting period closed, but already i'm happy to note we have enough delegates to secure the nomination. now, the republican nominee for president, former president donald trump, says the key to economic recovery and to the avoid a recession is energy. he says the u.s. needs to to
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take advantage of the natural a resources under our feet here in the united states. neil: lucas, hang for. that lucas tom lynnson at the white house. -- tomlinson. if you're thinking over the last couple of days close to 1200000 -- 1200 points down, highs reached a little more than three weeks ago, and now growing pressure on the federal reserve to come to the rescue and do something by cutting interest rates bigtime. some are even saying at the september meeting maybe half a point. we might be getting ahead of our skis on all of this, but who better to put it in perspective than luke and danielle dimartino both, former dallas fed if advisor. danielle, we have put pressure on the fed, haven't we? rescue us, jerome powell. but i think as "the wall street journal" was reporting today, mr. powell isn't to blame for the economic slowdown. the fed had to tighten to combat inflation caused by overspending and too easy money. it is what it is, but he -- can
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he single-handedly reverse this? >> neil, i don't think anybody can single-handedly reverse what we're seeing especially when you look at it through the prism of the private sector and how very weak private sector job creation has become. that's something that is far beyond the purview of interest rate policy when we're pondering maybe a quarter of a percentage -- a decrease in interest rates, maybe a half percent at most come september. that's not going to move the needle, neil. i think what we need to do is be looking more at the root causes of what's going on here. when we see companies like intel getting ash $8.5 billion of federal funding and at the same time announcing nearly 20,000 job cuts just a few nights ago. neil: that's pell put -- well put. luke, i was thinking i don't know whether the hit for intel and these job cuts expect pact that it lost a quarter of its value yesterday, it's now back to levels it hasn't seen since 1982, i'm wondering if it's a
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bit too much, you know? seven out of ten s&p 500 stocks sinking, as i was saying here, you have this environment where if in doubt, just sell, sell, sell. so i guess i'd like a little bit of a stepback from this from your perspective. was it overcorporation or is it a small of things to come? -- a signal of things to come many. >> it's definitely a signal, in my opinion. intel is actually a replica of a lot of companies right now in the market where intel's got a lot of debt outstanding. they're not really growing the way that a lot of investors wanted because they're been a dog for a while. they haven't been innovating like a a md or nvidia. and these interest rates when you refinance debt and rates go hire, that gets expensive. it's very similar to a lot of companies that might get wiped out throughout this cycle. you go back throughout history, the federal reserve is good for two things, bailing things out and breaking things. and right now it looks like the latter is kind of happening.
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and when you have bankruptcies for small businesses up 60% year-over-year, that's concerning. most people think it starts with the big companies if trickles down. it starts with the small companies and trickles up. and what's interesting is a lot of people are worried about next year, you know, what fiscal policy's going to be whether it's a harris or trump administration. and if we to do get a trump administration, right now it's kind of half and half it looks like, people are worried about inflationary pressures because of a pro-growth, corporate environment, low tax environment is. both democrats, republicans spend too much money, but next year if we're actually in a deflationary environment, if we go to a deflationary environment, we might actually need some inflationary pressure from the free markets to bring us out of a recession rather than the federal reserve that just bails things out artificially. neil: you know, danielle, speaking of the federal reserve of this you know so much, you know, it's interesting in this desperate flight to quality we often see this in market panics, everyone was buying bonds and treasury notes and drove the
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yield down on the 10-year to i think last time i checked around 3.78%. mortgage rates average aing about 6.4%. you know, back in april we were looking at 7.5%. some say they could go down right to around the 6% neck of the woods, and yet not a peep in mortgage refinancings, buying activity at ail. at all. does that distress you, when you see rates get that low and people don't pounce? >> well, neil, there's always something that is more powerful than the cost to borrow. and that is whether or not you're collecting a paycheck. and as we saw yesterday with the release of the payrolls data which nobody pays attention to, there were downward revisions to the prior month. and it's a now you see it, now you don't economy, and it's become systematic with the biden administration. not sure why, but literally for the past two years payrolls have
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been overstated. neil, what if it's the case that people are not nibbling at lower mortgage rates because they don't have the money to buy a new home or worse because they're not collecting a paycheck at all? neil: so, luke are, what do you tell -- luke, what do you tell the investors of my age to do? unfortunately, market panic attacks do often turn into something where sometimes they're blissed. in the scheme of -- blitzed. what do you tell people now in this environment? >> well, it's kind of bifurcated, right? if you're 60 years old, it's deferent than what i tell a 20-year-old -- neil: you know, the that's a very anti-60-year-old remark you said right there -- [laughter] >> hey, i'll be there one day, hopefully. neil: all right, all right. >> but that being said, i will go back to two weeks ago when i kind of mentioned that the cycle, part of the cycle we're at right now where, you know, interest rates are looking to go lower, some things look to be breaking and you want to start
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looking at, actually, that fixed income side of things. you saw long duration bonds tlt up 3.2% yesterday. that long end of the curve came down, 10-year dropped down to 3.8%. so when bond yields drop, bonds go up in value. so you could actually make money on the boring fixed income part of your portfolio. neil: well put. guys, i want to thank you both very much for that. by the way, utilities was also getting a lot of attention here. but, by and and large, it was a full and widespread selloff, and it was a widespread global selloff, and it did have people thinking it was 2008 all over again. when we come back, the comparisons to that period politically as well. after this. did i read this? did i get eggs? where are my keys? memory and thinking issues keep piling up? it may be due to a buildup of amyloid plaques in the brain. visit morethannormalaging.com
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>> this wall street landscape has so dramatically changed in just a matter of days. lehman brothers filing for
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chapter 11 bankruptcy -- >> the dow dropping more than 400 points even after the government announced its plan to rescue aig -- >> clearly, the consequencings of an aig failure would be substantial. >> this is a dire emergency. neil: hindsight is wonderfully 20 the $20 the -- >> that isn't hindsight. we tried to the -- neil: congressman,s come on. ivan not the the sharpest stool in the -- tool in the shed, but i'm still in the shed. >> as president of the united states, people are going to be held accountable. >> t so important as we solve this short-term problem that we look at some of the funds lying issues that have led to wages and incomes for ordinary american toss go gown. >> this isn't the beginning of the end of this crisis, this is the end of the beginning. if we come out with a package that will keep these institutions stable. neil: all right. john mccain, that was not the best of all backdrops for him trying to hang on to the white house for republicans. he ended up losing to barack
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obama, and that financial meltdown can't help matters any. two quick things i noticed in some of that coverage at the time when all that was going on, a, i had a far lousier toupee back then and, secondly, did you notice that one shot we were showing in the middle of the free paul when the dow was at around -- freefall when the dow was around 10,000? for all the troubles since, we're at around dow 40. i just want to put that in perspective. doug schoen, former clinton adviser, democratic pollster, or julia a manchester, the hill national politics reporter. doug, it goes without saying that an uphill climb for john mccain against barack obama at the time was made even all the more so by freefall in the economy of the united states and the markets. didn't help matters any. if we have something like that again, couldn't it president -- put the same pressure on the democratic incumbents in control of the white house?
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>> absolutely. already, neil, as we sit here today donald trump and the republicans lead kamala harris, joe biden and the democrats on handling the economy by 20 points, and joe biden's ratings on handling inflation are below 35%. so if we get a recession, even the beginning of a recession, that will hurt kamala harris and and help donald trump. and it doesn't even have to be as extreme as we saw in 2008 and 2009. for there to be enough political benefit to put donald trump over the top in a very close election. neil: what do you think, julia? and how it defines the race if this drags on, because we've had these one, two-day hits -- not minimizing it, these are big hit, but all the market averages are up quite a bit. the magnificent seven and technology stocks still up triple digits, so we should put
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it in some perspective here. that's not to lose sight of what did happen and what could happen, but play it out. >> yeah. so, certainly, you would think in theory on paper this would help donald trump, to make that case. we know that, neil, when voters go to the ballot box, they typically have the economy as their first priority in their name. we have to remember donald trump is on the republican ballot, and donald trump doesn't always stay on message. so if donald trump were to zero in on the economy, zero in on some of these hits we've seen, make it a part of his message, stay disciplined, sure, i see that absolutely helping him. however, if we look back at this past week alone, we've seen that donald trump has been sort of, you know, maybe not paying as much attention to the issues, making out much more of a personal race with kamala harris. can and we know that a lot of republicans on capitol hill, republican operatives, strategists, they want him to ignore the debate over these
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criticisms or these, this, you know, these comments about kamala harris' race and heritage and and focus on policy, focus on policy like the economy. we'll see if donald trump actually does that. neil: it's anyone's guess but, doug schoen, i'm reminded of bill clinton, of course, and when he was running for president in 1992. we argued he's -- he argued it's about the economy, stupid. the irony was when he was running against george her bet walker bush -- herbert walker bush, the economy was turning around and coming out of that recession in the fall of that year. but it was deemed too little, too late for average americans and voters to appreciate it, and he ended up losing. the only reason why i mention that is perception does become reality. and for the markets to punctuate the perception that a lot of average folks have had, that could be very courageous. what do you think? -- very dangerous. what do you think? >> i think it could be dangerous. in this environment we're
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starting with a public mood that is hostile to the incumbent party and the incumbent president. if we get the kind of turbulence we saw yesterday on a sustained basis, i think even though a recession is very, very different than inflation, the opposite, the two together will suggest instability which is, as a julia said, if donald trump moves away from the personal attacks and focuses on the issues like the southern border and particularly the economy, he can advantage his campaign. but those are big ifs. even if the market does show signs of weakness and a sign of recession. neil: and and it will be, become a very, very potent political issue. we're showing you atlanta, georgia, right now where donald trump and j.d. vance are going to be making a joint appearance, no doubt talking about this latest economic market development and whether it's a sign of things to come.
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president trump, for his part, has said that we were looking at a powder keg in this economy and that it could implode. some people interpreted what happened certainly yesterday as a sign that he's right, that it is starting. othersing saying just the opposite -- others saying just the opposite. meanwhile, the secret is out, and it's not so much a secret as regarding the secret service and what they knew and what they missed three weeks ago to today today. after this. how's my favorite client? great! i started using schwab investing themes, so now i can easily invest in trends... like wearable tech. trends? all that research. sounds exhausting! nope. schwab's technology does the work. so if i spot an opportunity, in robotics or pets, i can buy those stocks ina few clicks. can't be that easy. it is with schwab! schwaaab! schwab investing themes. 40 customizable themes. up to 25 stocks in just a few clicks. we really don't want people to think of feeding food
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>> this was a secret service failure. that roofline should have been covered. we should have had better eyes on that. it is plainly obvious to me that we were not -- we didn't have access to certain information not by anybody's fault.
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it just so happened that there was a sense of urgency, that there might have been radio traffic that we missed. we have to do a better job of that. neil: the acting secret service director trying to clarify what happened and a lot of missed opportunities, saying it is on the secret service for essentially botching this. we're going to talk to a guy leading an investigation to find out how they botched this and how we can avoid a repetition of this. all of this, of course, happening three weeks ago today in butler, pennsylvania, where you'll find our matt finn with the very latest. hey, matt. >> reporter: neil, you heard it straight from the horse's mouth there, the number one at the secret service right now saying this was our fault, that local police here in pennsylvania are not responsible. and that's really important because as we've been reporting here on the ground for the past three weeks, there was a lot of finger-pointing between the secret service and local authorities about who's to blame. now the secret service says we are accountable. now, regarding the critical
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radio transmission that day, rowe said secret service snipers did not have communications with local teams. local law enforcement may have tried to communicate that there was a man on the roof with a gun, but that a message never made it to secret service. rowe was also asked about the report that senator josh hawley shared claiming rowe himself previously cut secret service funding for president trump's security team. rowe did not give a clear answer there and said they will respond in the near future. also a very important piece of this tragedy, the now-infamous agr building from which thomas crooks fired, rowe said he came to the shooting site the day after he was appointed temporary director. you may recall former director kim cheatle said never came here. rowe said it became quite clear9 that the secret service should have been protecting the agr building. >> seeing how close that site was to the stage, seeing where it was, it definitely raised a
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lot of questions in my mind that there should have been physical presence if not on the roof, that there should have been better security to prevent anyone from getting up on that roof. >> reporter: of course, heavy, intense criticism over why no one has been fired or suspended yet. rowe said personnel are being investigated for policy violations and will face consequences. he said he created a special task force to investigate this failure, and moving forward the secret service will have strong, robust conversations with local police, neil, so that this never happens again. neil. if. neil: matt finn, thank you very much. and so the investigations ensue right now. one of the guys leading the charge is mike kelly, the pennsylvania republican chairman of the bipartisan task force investigating this assassination attempt on donald trump. congressman, always good to have you. you know, the one thing that comes through lot and clear, congress -- loud and clear, congressman, and you were one of the first to cite it is the
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screw-up in communicating. it gets back to the first identifies of thomas matthew crooks looking very suspicious and acting very suspiciously more than an hour before the event. not only was it not relayed, what people were seeing at the event, to local law enforcement and then to the secret service, but right down to the very moment the shots were being fired. how does that happen? >> you know what, neil? it's a really good question x that's why we have this task for the that is set up. and i think the beginning of all of this, there's going to be 1313 members, 7 republicans, 6 democrats, but i think we all identify it as americans who are really interested. and we are going to be focused on getting the answers to the american people. from the very onset it's about preparation, right in it's the always about preparation for whatever event you're going to go to. it seems to me from the very concept of coming to butler, pennsylvania, there was something that was missing, and that was the preparation for the
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event taking place on july 13th. neil: so, congressman, when there was word that the iranians were going to put out a hit or planning an assassination attempt on congress trump and there was the beefing up of secret service protection, was it in race in place by the butler pennsylvania, event? -- butler, pennsylvania, event? >> i can't answer that. that's what we're going to be looking for. we need to get the right answers. i feel the american people have the right to know, and we have the responsibility to find out for them. and getting there quickly is not as important as getting there the right way, and i think that's what we're going to concentrate on. every member of this task force is dedicateded to one thing and one thing only, how did this happen, what didn't we prepare for that we should have been prepared for. and at the end of the day, we're going to deliver a report that the american people can say, okay, this is not about you heard this from somebody, this is the facts of what happened from the very day this was planned until if 6:111 on july
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13th. neil: you're an expert on all of this, congressman. nay say that history doesn't necessarily repeat itself, but it sure does rhyme. and a lot of the communication issues that came up here where police couldn't communicate with the secret service and the secret service respond to, you know, average folks, you know, at a the venue talking about a gunman goes back to what we saw after 9/11 and what we saw january 66th on capitol hill -- january 6th on capitol hill where various agencies were not able to or did not communicate with one another. could be the fact that they weren't on the same frequency on their walkie-talkies, some were texting, others were phoning. i don't know. again and again, common theme. what do you think of that? >> well, i think there's a lot of questions that have to be answered with honesty and not trying to say, well, it was somebody else's fought or somebody should have done this. what my think more than anything else, neil, where was the touch-gloves moment where everybody involved in the safety
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and security of this day, that they were all on the same page with the same frequency, with the same goal and that is, at the end of day, a safe event that people could go to, listen to the former president of the united states and our candidate now for the presidency and say, you know what? i felt safe the whole time i was there. what has ensued since that time is confusion, and we're not sure what happened, we don't know why it happened. and they -- a question i think the task force, how could you not have been prepared for this? neil: yeah. very quickly, donald trump wants to resume outdoor rallies. can't blame him. he can pack a crowd, that's for sure. but all the rallies and campaign events we've seen on both sides have been indoors. what you now know and what you're trying to get to, do you feel safe recommending a candidate, any candidate, campaign at an outdoor event? >> i think i would feel safe if i knew there was a program in
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place that's followed every single time there's an event that takes place as opposed to, welsh we should have done this, should have done that. the answer's look at the game films and see where you were right, find out where you were wrong and put together a game plan that ensures the safety and security not only of the former president of the united states, but anybody else on a stage like that and people who are in the crowd. we had -- we cost corey comperatore that day and a couple other people were wounded, so that's not acceptable at any rate, any place, anywhere in the united states of america. neil: chairman, thank you very much. we look forward to to your continued investigation. in the meantime, we are focusing on the middle east right now. it's been eerily quiet out of hezbollah, hamas and iran of they're all angry about these attacks that took out some big terrorist players, but no word yet exact wily how they hope to respond, because -- exactly how they hope to respond because if they all promise a response. ♪
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neil: all right, to say that it is tense right now in the middle east is an understatement. the u.s. embassy in lebanon is urging citizens to get the heck out. alex hogan has more from tel aviv. hey, alex. >> reporter: hi, neil. this new update that we're hearing from the if u.s. embassy in lebanon telling all americans to leave the country, to book flights regardless if it is their first choice destination and if they are not leaving, to put in place some contingency
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plan for any kind of emergency and to be ready to shelter in place for extended periods of time. this comes as there is growing unrest across the middle east. we've seen protests just like this footage as well as funeral services in the last several days for hamas political chief who was killed on wednesday in tehran. the the hamas leader, who lived in qatar, was a key part of ceasefire talks. despite international concern that his killing could hinder negotiations, today the heads of the mossad intelligence agency9 and the security service landed in egypt heading back to the negotiation table. now at the same time, israel says it carried out new strikes just today alone like an airstrike today in southern lebanon reportedly killing a member of hezbollah according to do -- the the idf, the idf says it carried out strikes in the west bank including 9 palestinians including 5 in a vehicle. israel claims they were on their way to carry out an attack of their own.
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amid fueling fears that a growing tensions here in the region will turn into a wider war, the pentagon announced last night it's sending fighter jets and navy cruisers and destroyers to the middle east to maintain an aircraft carrier in the region. the pentagon also stating the following: secretary of defense lloyd austin highlighted that further escalation is not inevitable and that all countries in the region would benefit from a des calculation in tensions. now -- deescalation in tension. again, this region is bracing for further conflict despite the fact that people here are going about their day. there is that feeling there is likely more to come. neil, back to you. neil: you know, you mentioned lloyd austin. he made some news here, as i'm sure you're well aware, alex, where he is tossing out these plea deals that would have spared the lives of the 9/11 masterminds including khalid sheikh mohammed. we don't know much more than that, but i'm just wondering in this tempest environment here how that, you know, is plague
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out. >> reporter: -- is playing out. >> reporter: well, there's so many things playing out all at once, neil. so with that taking place, a lot of conversations here defensively from the defense minister, you have gallant who's been having talks with austin as well as his counterpart from the u.k. really trying to shore up as much support as possible in terms of putting together potential coalition that could defend israel if there were to be an attack by iran or even proxies. we don't have any idea of when exactly that could take place, but that's what people are really looking to hear on -- here on the ground. it's also worth noting how many things are taking place in terms of strikes just in the last 24 hours alone. at the same time, it is surprising to some to see that israel has already returned to the negotiation table to try to broker some more cease talks, potential deals that could come to fruition regarding the more than 100 hostages that still remain in gaza. so so many things taking place just here in terms of these
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negotiation talks, defensive strategy talks all within the last 24 hours as well as the continued strikes that we've seen, the idf really is trying to ramp up these increased targets against members of hezbollah and members of hamas as they can before potentially we could see more ceasefire talks come to fruition. neil? neil: got it. alex, thank you. you and your crew be safe. these are crazy times. alex hogan in tel aviv with the latest. meanwhile, from political and military storms to very real ones in the united states, particularly barreling in on the sunshine state of florida, a storm that could be a doozy at least the way it is going now. the latest after this. o choose between good vision and great value, especially with the price of everything on the rise. that's why america's best is slashing their prices, with the help of yours truly. during the wise buy sales event, get two pairs of single-vision glasses and a comprehensive eye exam for just $69.95
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with dexcom g7, managing your diabetes just got easier. so, what's your glucose number right now? good thing you don't need to fingerstick. how's all that food affect your glucose? oh, the answers on your phone. what if you're heading low at night? [notifications ringing] wow, it can alert you?! and you can even track your goals. manage your diabetes with confidence with dexcom g7. the most accurate cgm. learn more at dexcom.com. neil: all right, much of florida, it looks like the gulf coast at least, under a hurricane watch as a fierce
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storm could be just an hour away from landing, but where it lands exactly is anyone's guess. adam klotz is following it very closely in the fox weather center. adam, where are we with this? if. adam: a hey, or neil. this is still a storm that's continuing to get its act together. winds at 35 miles an hour. we just, actually, our is 1 a.m. updaylight, we've got the the latest information right now -- update. s it is interacting with the island of cuba as we speak, and we are beginning to see some of the large outer bands begin to hit portions of south florida. so there is rain currently moving in because of this system that's ultimately going to make its move a little further north. but it's going to strengthen as it moves. this storm, still a long way to go as far as getting bigger. maybe borderline hurricane, certainly a tropical storm. anytime if you see something like this, you do get a severe weather threat and those individual discreet cells that are beginning to hit south florida, those could spin up into small tornadoes. otherwise, though, it's a tropical system. we've got the tropical storm
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warnings up and down down the west coast because this is going to move up the west coast of florida and ultimately turn into the florida big bend. that's why the hurricane watch is there. it's going to be the really close, will it be a strong tropical storm, will it be a weak hurricane? we'll see. right now we're forecasting just on the low end of that, but it's going to be right in that range. this is the forecasted track. you're looking at sunday morning still working its way up portions of south florida. by sunday evening getting up into central or north florida and then probably late sunday night into early monday morning is when we see this ultimately moving over land. ask and then what happens is it -- little bit dicier. we're looking at the system dragging across georgia, interacting with the carolinas. we're watching blooding -- flooding, wind. all of it, neil, is going to be a concern. neil: yeah. especially looking at that trajectory. that could be an issue for the entire east coast. >> adam: yeah.
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it's probably going to to be sitting off the coast here. we're not sure what it would do at that a point, but it's going to be over warm water, and that's going to pick up more moisture, certainly an issue. neil: all right. thank you,, my friend. adam klotz following all of that. and we are also following the fallout of this largest prisoner exchange we've seen since the earliest days of the cold war. now, good for a lot of people who found their way home to the united states, not so much for some nefarious characters back home in russia. that's neither here nor there, but how this was all orchestrated and done has no less than leon panetta worried, very worried. after this. discover the power of wegovy®. ♪ ♪ with wegovy®, i lost 35 pounds. and some lost over 46 pounds. ♪ ♪ and i'm keeping the weight off. wegovy® helps you lose weight and keep it off.
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>> the russians pick up these people, you know, make false
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charges against 'em, throw 'em in prison and basically use them then as pawns to try to get back people that they want. the problem is that this then creates an incentive down the road for them to basically pick up more people in order to get the people back that they want. it's not, it's not a very conferring process. comforting process. neil: it might not be a very comforting process, but even leon panetta was saying he is glad to see the likes of so many americans who were caught in this net of needless imprisonment including the wall street reporter evan gershkovich. at least they're back home, but at what cost because of these dealsesome mike tobin on the fallout from this extremely large and complicated deal involving so many countries. he's in san antonio. mike. >> reporter: hello, neil. well, these three americans who spent really years in russia on trumped-up charges have spent their first full night back on american soil here at the brooke
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army medical center in fort sam houston on the outskirts of san antonio. they first set foot on american soil when the plane landed at joint base andrews a little before midnight on thursday. they were greeted by the president and vice president. gershkovich showed a lot of spirit. he was required to submit a request for clemency before he left. in that request he added another request, and that request was a sit-down interview with vladimir putin himself. on american soil the first public comments he made were about the people still stuck in russia. >> [inaudible] >> i think we shouldn't forget about them. that's one thing i would like to say. it would be or or or you know,. [inaudible] potentially do anything about that as well. i'd like to talk about that in the weeks and months. >> reporter: former president
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trump has been critical of the deal. on friday he told maria bartiromo president biden gave up too much and this will only encourage more hostage a taking. >> these deals are so bad. these deals are going to lead to tremendous kidnappings. once you agree to do it which he has agreed all the time, it's only going to get worse. it's a terrible precedent. >> reporter: brooke army medical certain has been a hub for reintegration of liberated prisoners really since the end of the vietnam war. the reenter gration is a multistage process that ends up with them home and reunited with their family. and now that they've begun the process, there's not a whole lot of information coming out there, but one thing i know is that after traveling across the world, crossing multiple time zones, all of the stress and uncertainty, a big priority at this stage, neil, is rest. back to you. neil: understandably, my friend. thank you very much. mike tobin following all of
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that. david perkins with us, retired u.s. army four-star general. general, or always good having you. again, we're always delighted when hostages needlessly held, having done nothing wrong, are returned in this case to the united states, some after years. but it was a complicated transfer involving, you know, many countries, 24 individuals, and this is a common theme in order to get some of our people home we have to let out and other governments including germany have to let out some dangerous people back to to russia. what do you make of it? >> well, it's kind of like leon panetta was saying. in some ways it's a dual-edged sword. it's great to see the hostages reunited with their family. it's clear from all accounts that they're innocent and there are trump thed-up charges. and so -- trumped-up charges. and so that's the good ending. the bad part as you and others
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have mentioned is that a lot of the people we had to give back to the russians truly were bad people, and they had, you know, they had done a number of, you know, transnational kiss runtive activities -- disruptive activities and probably will in the future. so when you take a look at this long term, we have to be very careful about what price we're willing to pay. and i will tell you a lot of it comes from a prevention point of view. i would tell you if you're anybody of any level of notoriety, i would think twice the about going to russia. i will tell you i'm not to going to be vacationing in st. petersburg this summer. neil: you know, i don't know if one has mig today with the other, but you probably heard that defense secretary lloyd austin has scrapped that plea deal that would have provided protection for the nerve master planners -- the 9/11 master planner, three of them, including khalid sheikh mohammed. now looking -- they were looking
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at life in prison. he shelfed that. do you think anything is connected to this? >> i mean, everything globally gets connected one way or the other, but i think these really are two separate incidences. if you read the secretary's statement, what he has said is this is such a significant event can and trial going on that he is reserving to him as the secretary of defense on what deals or what the charges will be. and i think that's appropriate. i have served in combat with, at that time, general austin. and so he has seen what the results of 9/11 are, so i think he has both a duty now as a political appointee but as well as a former soldier to ensure it's taken care of properly. neil: general, thank you very much. we'll be taking you to atlanta after this, getting ready for a big trump rally after this. moves might be passed down to you.
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