tv The Evening Edit FOX Business May 15, 2018 5:00pm-6:00pm EDT
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hedgehogs, amphibians, rodents and spiders. melissa: spiders? david: will not be recognized as a emotional service animal. miniature horses as properly trained service animal is exception. banning any animal unclean or has an odor. melissa: huh? here is "the evening edit." >> negotiating leverage is what is taking place here. the first negative aspect of kim jong-un's efforts going back to participating in the south korean olympics. they're negotiating over things that they want on the table. they're getting exposed to seriousness and scale of what kim jong-un is really proposing. hopefully it is moving in the right direction. liz: new reports that north korean dictator kim jong-un is threatening to cancel the historic summit with president trump next month over u.s. military drills in south korea. calling the drills a quote, ruckus the we'll bring you the latest on that. president trump visiting the
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first lady at walter reed medical center where the first lady is recovering from a procedure of a benign kidney condition. the media is questioning her recovery time. the u.s. tightening economic vice on tehran. accusing him of funneling millions of dollars to terror group hezbollah. plus this, democratic socialist bernie sanders attacking president trump in a new editorial, say he has put the u.s. on path to wore with iran. a top historian says bernie, you've got it all wrong. we cover tomorrow's facts behind the headlines. i'm elizabeth macdonald, "the evening edit" starts right now. ♪ let's get to your money. we have a busy news hour ahead of us. the dow points. going to get to that? just a second, first's get to those reports.
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north korea. kim jong-un is threatening to cancel next month's historic summit with president trump due to u.s. military drills with south korea, already canceling a high-level talk with south korea as well. he wardlaw recognize in the washington -- edward lawrence in washington bureau with the latest. reporter: canceling the south korean meeting that was supposed to happen tomorrow. they were talking about unifying families divided by the korean war back in the 1950s. north korea apparently angered by u.s. and south korean military exercises that will take place. now the exercises have been a yearly thing. they were scheduled for a long time. they were scheduled to start on friday. now the north korean leader is taking it a step further, considering canceling a meeting with president donald trump on june 12th. the state department saying they have no formal indication that the meeting or summit is off. >> kim jong-un had said previously that he understands the need and the utility of the
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united states and the republic of korea continuing in its joint exercises. they are exercises that are legal. they are planned well, well in advance. reporter: the state department says they have seen pictures, satellite photos of buildings being torn down at nuclear sites in north korea. that could be concrete progress to denuclearization. this could be a wrinkle in all of that. however the state department says they're going forward assuming the meeting with the north korean leader will take place. liz. liz: edward lawrence, thanks so much in the d.c. bureau. republican texas congressman brian babin joins me now. is this just posturing with >> you know it's hard to say right now, liz great to be with you today, but you know, these are exercises that are annual, that have been scheduled for a while, and quite frankly, it's hard to read north korea. do i trust north korea?
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do i trust their leader, kim jong-un? no i really don't and i think if they're serious about denuclearization and some normalization of issues or warming up of issues let's put it that way with the united states and the west, i think that it's in their absolute best interest to back off on what they are doing now and proceed with these meetings that are planned because it will be not only in our best interest in the west and world peace but also absolutely for the north korean regime. liz: but to the 180 today about this that we're just hearing, sir, is this an indication of that instability inside north korea, north korean's leader does not want to go the way of libya's saddam hussein. the state department to your point said the north korean leader has already told them that he does understand the need for these joint exercises. your reaction to that? >> you know, you look at during
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the last administration what happened when he gave up his weapons of mass destruction and wound up having his country over thrown because of a very poor foreign policy over the last administration, so i don't think you can compare that. it's not apples-to-apples between obama and trump. president trump is a whole different animal from barack obama and the north koreans i think need to look at him very very seriously and these exercises with south korea as i said have been planned for a while and i think they should proceed with these meetings and it could be i think the ones to lose here is north korea. liz: to your point, and it's an excellent one, the washington times already noted that north korea's gdp is less than the size of fairfax, virginia iran's gdp is less than the size of
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virginia. the language though used is a sudden and dramatic return to the rhetoric of the past so i think the point is well taken that the president does understand the economic reasons for north korea to step up to fix this country again for that leader to fix the country economically, but again, this is a surprise. were you surprised by this rhetoric now out of north korea? >> do you know what? i am surprised but however i shouldn't have been surprised we're dealing with a regime which has decades of instability of you never know what these people are capable of saying or doing and i actually went to the dmz in korea, between the two koreas last year and it was a very surreal place, and so no, it doesn't surprise me to see these people run hot and cold but again, this is in north korea's best interest as you said, their economy is not
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exactly on fire and i think these talks could lead to some normalization that would absolutely help north korea and maybe even possibly potentially lead to the denuclearization of the entire peninsula and get the north and south working together again as we've seen it do here in the last few weeks. liz: let's get to iran the u.s. is tightening again, the economic vice on iran hitting the head of iran central bank with terror sanctions accusing him of funneling millions of dollars to the terror group hezbollah this as democrats socialistic bernie sanders is calling out the president in an editorial today saying the president's putting the u.s. on the path to war. last week donald trump made one of the most wreckless moves of his presidency pulling out of that iran deal but then bernie sanders does admit, to be clear iran is engaged in a lot of bad behavior including backing dictator assad's war against the syrian people supporting violent terror groups like hezbollah and
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lebanon and hamas and palestine and human rights abuses inside iran. sir, bernie sanders doesn't explain how to stop all that and instead, we need to continue to talk with iran seek a better relationship with iranian people does this work? he says he spells it out, sir but does the talking work? >> absolutely it does not work, since 1979 with the over throw and hundreds of our embassy personnel were held hostage for months and months, i was stationed actually stationed in the air force in europe at the time. we've never held the iranians, we've never held them responsible and thible for their actions, and we've seen over and over and over again that talking with the iranian regime does nothing and look, i'm not taking bernie sanders foreign policy advice very seriously at all.
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liz: british historian a political comentator neil ferguson out with his head it for quality saying basically to your point bernie sanders is wrong saying we've got nothing from president obama's iran deal , iran nearly postpones the acquisition of nuke by 10 years, more advanced in seven years what did iran get? it got $150 billion in previously frozen assets a fund terror groups around the world so your reaction to what neil ferguson is saying about bernie sanders being wrong. i agree with him. i think bernie sanders is wrong on everything. quite frankly i don't think he's got a world view that matches up with reality, and another thing is that the iranian regime, this does not surprise me at all to find out that they're funneling money to hezbollah. this is something that everybody surmised that had any common sense whatsoever and so i agree 100% with what the trump adminitration is doing here. we've got to hold their feet to
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the fire and we've got to make them accountable. liz: but obama said they would be snapback sanctions when iran did all of these things, where are the snapback sanctions he promised? >> we haven't seen them for several years now even when obama was still in office, when they were violating some of the missile provisions, and developing trying to develop medium and long range missiles, we did not hold them accountable we had no snapback reactions like we should have, and it's time to hold them accountable. the iranians are bad actors and the biggest terrorist exporter in the entire world today, and i really think that trump is on the right track and i applaud him for what he's doing. we've got to hold them accountable for what they're doing. liz: great to see you congressman, we love having you on. let's check your money-markets and action as 10 year note that 10 year yield hit a seven year high, pushing the dow back down into the red for the year. closing down nearly 200 points,
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let's get to nicole petallides on the floor of the new york stock exchange with the latest. nicole? nicole: it had to happen sometimes after eight days of gains where the dow gains 974 points, the dow did finish down 193, off its earlier lows and some of it came from good number s in the economy, from the empire manufacturing number to retail sales which helped to give a boost to those interest rates and as we saw 10 year bond rates move to the highest level in about seven years, that put pressure on stocks across-the-board, coupled with home depot, you could take a look at home depot down about 1.5% after a miss on sales estimates, it did see a rise of 4.2% but that was a miss and the analysts think they make their sales in the summer back to you. liz: thank you nicole president trump visiting first lady at walter reed medical center where she's recovering from a procedure for a benign kidney condition but the media now questioning the first lady's
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recovery time insinuating the white house is not being honest. coming up the guests say they're going too far but first president trump honoring 199 brave officers who lost their lives in the line of duty just over the last year and in previous years we're bringing in weekly standard executive editor fred barns with his reaction after this. we know the value of trust. we were built on it.
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president trump: she was ambush ed by a man for the simple reason that she was a member of the police department. she was a member of law enforcement. that was the simple reason. when people met the family, they saw what an incredible person she was. they told me all about her. she was respected by everybody,
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so she's right now, right there and she's looking down and she's so proud of you. she's so proud of you. america lost incredible heros, but they will endure forever, forever and ever, you know that, they are going to endure forever she will endure forever. liz: this is some of the most emotional moments you'll ever see president trump give. he paid tribute to mia sam's family, she was gunned down on the job in the bronx last year by a cop-hating madman. this was at the national peace officer's memorial service today you saw the president grab the hand of the mother of the slain officer. now there are 199 police officer s who lost their lives in the line of duty in 2017 and in prior-years. let's bring in executive editor fred barns for his reaction good
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to see you. >> thank you. liz: so it was a moving tear jerking heartbreaking moment, the president really did his level best to give a grace and dignity in this moment what was your reaction when you saw it? >> well there are two things. i mean there's one the emotional reaction. there's this event every year, you know there a park in washington downtown, that a lot of people don't know about but it's one where the names of every police officer killed in the line of duty is etched into a wall. it's a beautiful park and just walking through it as i have many times it's quite an emotional scene because you see families of these officers. liz: i hear your heart breaking right now and i totally get personally i come from a family of new york city firemen. i get what you're feeling. it's a 180-degree sea change,
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what president trump is doing versus the prior administration. now, president obama had a lot of respect for police officers; however his justice department did do a lot of federal monitor ing for implicit bias in police officers so talk about the 180 between now and then. >> law enforcement has changed completely. eric holder when he was the attorney general for obama, one of his things was to lighten sentences to tell u.s. attorneys around the country, if it's not that serious a crime don't even indict, and that's been completely flipped on its head by jeff sessions as attorney general and he's been very very successful. even people who don't like what he's done will tell you that of law enforcement he has been very very successful, and it's a huge political issue. this is going to be a key issue
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in the mid-term election and then in 2020. liz: i'm not sure people out there understand what president trump saw in new york city in the 70s. it was complete chaos. the city had overspent its way into bankruptcy to the point where they're laying off police officers and crime soared. president trump saw that and he worked on the come o door hotel to make it the grand hyatt. we lived as new yorkers through that, you remember that period, he remembers it too, and that was evident today in his notes of grace that he gave to the police officer's families. go ahead. >> yeah, very very much so and his remarks you couldn't go to times square, among other things you know all the tourists you see in new york now they weren't there back in the 70s because new york city was too dangerous, and its changed completely. rudy giuliani as mayor deserves a lot of the credit for that, but it's a completely different
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situation there now and that's going to be part of the issue. you know look, the sides have chosen up. the medians for black lives matter and the left is for them and trump is going to be pro- police and very very much pro-police. liz: but sir we get that. we know of course there's been problems with police brutality we get that and the police officers that carry a gun, they've got an extra duty to be careful with that, of course everybody understands that, but has it gone too far in going after cops with implicit bias and racism when a lot of minority police officers who have lost their lives and minorities say the cops have saved their lives in certain urban areas go ahead. >> yeah, way too far. they've gone way too far, and when you look at the statistics when they're collected about shootings of blacks by white police officers it's a very low figure, and there have been some
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that officers have been fired, they've been prosecuted but it the way backlogs are and black lives matter talk about it those people contend that police are purposely attacking blacks, and there's just not evidence for that. liz: study after study says there's no evidence for that. i want to get to the piece that you wrote it was absolutely terrific. you wrote a column in the weekly standard entitled the wipeout of obama's legacy. we wanted to show the viewers again the obama pen policy that president trump has rolled back, with the executive actions, iran deal, paris agreement, net neutrality, and more. talk to us about this strategy, why as it so easy for trump to get rid of his policies? >> because obama when he was president in his last six years and didn't have an overwhelming ly democratic congress didn't want to have to compromise with republicans so he did everything but executive
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order, and among things was the iran nuclear deal and when you do it that way it's easy for the subsequent president to get rid of it all, trump just signed an executive order and so as obama did and now trump has done it the other way. obama was expecting that hillary clinton would win the presidency and protect these executive orders. she's not there. liz: yeah, wow what a bad move, so that's the beginning of the resist movement under obama getting wiped out by trump. fred barns good to see see you thank you for coming on appreciate it. >> good. liz: let's get to this story about the first lady recovering from benign kidney surgery but the media now questioning the recovery time saying the white house is not being honest. coming up a guest says they're going too far but first google, its employees in open revolt saying stop working on military contracts. now, a new report says dozens have quit because of it we're
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liz: to a big fight now breaking out in liberal silicon valley google its workers in open revolt demanding that google stop working on military contracts. nearly a dozen google workers reportedly resigned in protest over the company's involvement in an artificial intelligence drone program for the pentagon. this after a letter was signed by over 3,000 google workers last month, to the ceo saying in part, "we believe google should not be in the business of war. therefore we ask that project ma ven be canceled and google enforced a clear policy seeding that neither google nor its contractors will ever build warfare technology." let's take a quick check of
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shares of google's parent company alphabet did the company ending the day in the red let's bring in double amputee wounded warrior, staff sargent johnny joey jones. good to see you sargent your reaction to this? >> well i think these people are being unpatriotic. could we imagine if rosie the riverrer" said she wasn't going to build anything because the company shouldn't take on war contracts or what about ford motor company something that many americans use every single day a vehicle that they built even and what we're talking about now is just rallying the department of defense access to technology and perhaps building technology they can use to analyze surveillance. we're not talking about weapons systems or even anything in the sector of killing people we're talking about analyzing information. to me this is unpatriotic. if you're not willing to go out and defend this country the least you can do is try to support those that do and for them to take objection without any type of definite explanation just doesn't make a lot of sense
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liz: to your point, eric schmidt the co-founder of google sits at the pentagon on the innovation board of technology basically to your point saying we want good technology for the military to track what china is doing. again, google's slogan is "do no evil." is helping the military evil? i mean, is google workers are saying everything that is built for the pentagon one of my staffers just said is going to kill somebody, or is it to keep people safe? >> we have a department of defense. we no longer have a war department those are two different things. to defense our country is to keep the people within this country safe. if that comes to the point of war, most of the time, if not every time that's not our decision. that's our enemy's decision. we're the largest and most powerful country because we treat other countries with respect in that manner we don't send our men and women to war for no good reason and what we're talking about specifically with this type of technology is the deterrence to analyze
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information before an attack happens or before bad goes show their ugly head so for them to say they have a defense contract means you're killing people is to say that every man and woman who raises their right hand in defense of this country is par taking in something immoral. i take personal offense to that and good riddance. i'm glad they're resigning hopefully they get people in there that are patriotic. liz: sargent i want to get to a personal story of yours. you were recently turned away from your local vahad with getting a prescription? >> yes. liz: let me back up to tell the viewers sargent, you lost both of your legs in a bomb blast while serving in afghanistan eight years ago. what happened at the va? >> yeah, well you know, i have one bad day in my eight years of service i accidentally stepped on a bomb and every day since then hasn't been too bad so my recovery went pretty swift and i'm enjoying every minute. part of that is i need pain medication. right now i'm on pain medication and seeing a civilian doctor and
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with all the things going on with healthcare my civilian doctor was no longer able to take either of those so i needed in january to move my healthcare to the va. i started that process in noonan , georgia and over the last few months i've been told multiple times that once my prescription medication runs out that i have an appointment in may and between that point and may, i would need to go to a va emergency room, present that prescription that pill bottle, and they would fill it temporarily until that appointment. after five and a half hours, showing that pill bottle to multiple people, and getting a pretty rude reception from a doctor, i was turned away and told they couldn't fill that prescription there. since then i have been in communication with or administrators from that er and the noonan clinic here in georgia have both reached out, apologized, explains their policies and the doctor should have helped. i really never should have been there for that to begin with. liz: and by the way, bunch of questions. how much pain are you in daily?
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>> [laughter] well, not a lot of people with double above the knee amputees are on their legs 12-14 hours a day or work 60 hours a week that's how i choose too live my life and enjoy every minute of that. from that comes two open sores on my legs and just a whole lot of pain. some types it gets to the point i have to stay off my legs for a few days but for me if i can make that balance to where i'm productive that's what i want to do and that's the purpose for the pain medication. liz: you just saw firsthand the cultural problem at the va right >> absolutely. my visibility on fox shouldn't be why senators and congressman and the vaxe administrators reach back out to me. it should be because i served my country and i deserve the healthcare. liz: that's a good point sargent joey jones we love having you on and thank you so much for your service to our country appreciate you, sir. >> thank you. liz: the first lady recovering from benign kidney surgery but
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the media now questioning melania trump's recovery time. coming up the guest who says yet again the media is going too far but first the city council unanimously voting for a head tax on each worker that businesses like amazon and starbucks and others have to pay to help fund programs for the homeless. now the two usually liberal- minded companies amazon and starbucks firing back. amazon is saying do you know what? it's seattle's overspending to the government. we got their comments after this
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you would rather cause pain to homeless people than cause pain to jeff bezos. >> jeff bezos issued a threat and if you capitulate at this stage it's as if nothing more than you favor jeff bezos over the working people in this city. liz: reaction to seattle city council unanimously voting for a new head tax on businesses like amazon and starbucks to help pay for programs for the homeless, amazon though firing back, saying, "seattle does not have a revenue problem and has a spending efficiency problem. we're highly uncertain whether the city council's anti-business positions or its spending inefficiency will change for the better and now this starbucks also hitting back saying "if seattle cannot provide a warm meal and safe bed to a 5-year-old no one believes they will be able to make housing affordable or address open idea
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addiction." let's take a check of both of the stocks ending the day in the red let's bring it up with the panel republican strategist ford o connell and kelly grace gibson good to see you both. your reaction to this fight? >> i think this is a classic case of a liberal city council biting the hand that feeds it. let's take amazon they pay 250 million in state and local taxes and they contribute 30 billion to the seattle community over the two decades they've been in business look the seattle city council has 68 million to spend on 12,000 homeless people, something tells me they're very in efficient in fact the head tax is such a bad idea that spending challenge mayor in chicago emmanuel scrap ped the idea because he thought it was a job killer. liz: kelly grace it's great to have you on the show there's a fear now business is going to leave seattle. does amazon & companies like starbucks create homelessness? >> no, but i mean it's the city council in big cities like this with immense growth because of corporations it's their job to balance growth and people they represent so the city has a problem the city has grown
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immensely as a result of these two companies which has made housing really really expensive and that has been confirmed by allies of the corporation so the city council is listening to their constituents coming up with a solution. it was a compromise between the companies and the council it went back and fourth a bunch of times the number the head tax was settled on, so they're trying to work together it's not anti-growth but trying to be responsible. liz: well it feels like people are going to say listen it's too expensive to run a business in seattle. here is let's get to a sampling of how some people feel in seattle. let's take a listen. >> big business existing is not incidental to our city and in our culture. it's the cause of it. >> corporations are paying a lower tax now than at any time in history, so i don't think i would call it punishment. >> business as usual means death as usual. if they want pay, who can. liz: okay so here is a point, ford if amazon leaves they put 40,000 people out of business in seattle. i mean here is ben shapiro
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speaking to fox earlier about all this. >> so they are using this head tax money for and a problem in seattle for literally years at this point is to cure the homeless problem and what they're suggesting is because amazon has brought a lot of employees this is driving home prices up and apartment prices up rental prices up which is true but the reason the prices are going up is because there's no new supply of additional housing because seattle heavily regulates the ability for developers to build anything new liz: there's a housing supply issue across the country. go ahead. >> well this is no different what's going on in boston, san francisco and new york. these are places where progressive millennial tech types want to work but here is what i will say to your point liz if 40,000 amazon workers leave guess what? you're not going to have a tax base to fund kindergarten so i don't understand what the seattle city council understands and not only that if i do have this head tax which if by the way chicago and other cities said no to how do i know that after 118 million you're still
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going to be able to house 12,000 homeless people? this tells me that i've got a severe problem in terms of allocating resources on a city council and they're not looking hard in the mirror. liz: kelly i'm so sorry we ran out of time we'll come to you first, because you're sticking around at least the debate is open now in seattle about how to fix the homeless problem, interesting to me we'll stay on that story. next up president trump visiting the first lady again at walter reed medical center which the first lady is very covering from a procedure for a benign kidney condition but the media questioning the first lady's recovery time, insinuating the white house is not being honest. coming up we've got a guest who says do you know what? again the media is going too far it took guts to start my business. but as it grew bigger and bigger, it took a whole lot more. that's why i switched to the spark cash card from capital one. with it, i earn unlimited 2% cash back on everything i buy. everything.
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updates of any new developments president trump visiting after a barrage of media reports about the recuperating time for this condition. the media questioning whether the white house is being truthful about what is going on. >> melania trump recovering in the hospital this morning after reportedly undergoing a procedure for a benign kidney condition, but there are more questions than answers. the white house offered few details about exactly what's wrong, and it's not clear why mrs. trump will need to remain in the hospital for the rest of the week. >> the white house reporting all went well with no complications, mrs. trump is expected to spend the rest of the week in the hospital. our chief medical correspondent dr. gupta finds out a bit unusual he says patients who undergo this type of procedure typically hospitalized for just one night. do you have any sense of why she needs to stay in the hospital for what we've been told is a, you know, somewhat benign, well totally benign and somewhat routine procedure? >> the president with his tweet
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this morning said the first lady is going to be leaving the hospital in two to three days what do you think of the fact she's staying in the hospital for essential the rest of the week? >> well it's a little surpris ing. liz: let's bring in fox news medical correspondent dr. marc siegel all joins me now your reaction. >> i can't believe all of this it reminds me when dr. jackson was standing up there and they kept looking for something with president trump's health. here we have the first lady who obviously wants to be private about this. liz: let me give you that statement a cnnfl story just breaking, the private first lady underwent the procedure monday, no leaks beforehand from her east wing staff. >> only the west wing, where the president can't trust people because they're leaking behind his back but look, let's start with the fact that wouldn't you expect the first lady of the united states to stay a couple extra days in the hospital as a precaution? i would. so even if they're right and
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they are right, generally with the procedure, if it's a benign tumor, again, we think it's probably an angiomyolipoma, which is the most common one which if it's benign if it bleed s you shrink the blood supply because it's a very bloody tumor, you shrink it. liz: this is your expert opinion >> this is probably what it is you put a catheter in through the groin a very easy procedure, and then leading to this tumor you can shrink it by about a half or two-thirds and she may not have been feeling any symptoms which explains why she hasn't been showing any signs. does it look like she was in any pain so they could have planned to do this but here is my point. once you do it guess what? you have a little bit of an incision wound. you're watching to make sure the kidney doesn't swell and watching for signs of bleeding and yes, most people would go home in a day or two but i think the first lady of the united
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states, president trump tweeted two to three days. liz: but the media is speculat ing there's something not forthcoming about how the white house is reporting on it. >> i think the way the white house is reporting this i excellent. first of all it's nobody's business. z: it's privacy right? >> nobody's business and they're calling it benign that should reassure the country. they won't call it benign if it isn't and by the way they've not going to do the procedure if it isn't benign except in the most extreme cases. liz: what do you mean can you explain that? >> if you had and definitely not talking about her but if you had kidney cancer you'd try to take it out and remove the kidney. the only time you wouldn't do that is so if it was so advanced that it was all over the body and you had no other choice that's definitely not her case. she looks incredibly healthy. they said this is a benign process, its got a big blood supply so we're shrinking the tumor or whatever it is, it's a simple procedure and we're keeping her a few extra days as a precaution that's my read and
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as usual the media is a disgrace here lacking for what? under stones. don't you wish the first lady well? are you hoping there's a problem there? liz: so if was an aneurysm problem in the kidney she would be in discomfort right? >> there's another possibility liz and you correctly brought this up last night. it could be something called an avm or an aneurysm, that's not that tumor i'm talking about it doesn't have to be that but that's most likely this benign tumor. it could be it's a vascular issue that caused her some discomfort or bleeding and that too would be curable with this kind of emoblism. you put a coil in, glue in, alcohol in and correct the whole thing easily. there's no reason to believe anybodies hiding this here. it sounds, they're really fully disclosing the situation beyond the excruciating medical details we don't need. liz: she's the first lady she deserves her privacy.
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i think the media's response is awful as usual. they're not wishing her well. liz: thank you doctor good to see you. another hit to the robot driverless car movement tesla had another accident but the driver admits it was in autopilot mode when it slammed into the back of a fire truck in utah. still, tesla, in the crosshairs again. we're going to talk about this and the robot industry, it's coming. into retirement...
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tweeting that it's super messed up that a tesla crash resulted in a broken ankle, that is front page news and the 40,000 people who died in car accidents alone last year, get almost no coverage and then said this what's actually amazing of the accident is that a model s did hit a fire truck at 60 miles an hour and the driver only had a broken ankle. the impact of that speed usually results in severe injury or death let's take a stock check closing the day in the red down over 2% let's bring back ford o connell and kelly grace gibson. kelly the federal ntsb is investigating tesla. what do you think about the electric car industry robot cars do you think people get into one , are you going to get into one? >> i think it will and technology and the advancements of technology is what keeps countries moving forward and i'm sure one day we'll all be reading the newspaper while driving to work in these robot cars but the systems in place to check these things for safety and for effectiveness and need to keep up with the development of tech knowledge itself so elon musk to say that is you're
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supposed to be building the thing that kills nobody that's the safest thing out there and until we hold it up to a standard that says all this technology is moving forward for a particular reason then he has to be more careful. liz: kelly grace brings up a really important point that the government is always playing catchup, but this is about cars out there. i'm talking not about the autopilot thing which is the robot car industry. we're seeing, ford that these robot cars cannot read highway signs if somebody puts graffiti on the highway sign. that's dangerous go ahead ford. >> you're absolutely right. look driverless cars may be the future but they're not yet ready for primetime and i have to pushback a little bit with elon musk. when you're at the edge of technology you're going to get extra scrutiny and by opening your mouth you're actually drawing a negative perception. if i were advising him i'd tell him to shut his trap, keep working on this product. liz: that's an important point kelly maybe the guy is exhausted he is at the factory in
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california because they've not met his projections of car production. i mean he's working overdrive, go ahead. >> in i'm sure he's exhausted. i do believe he's on the forefront of technology and it's amazing to watch and he's doing amazing projects in solar panels taking us into the future but to have somebody with that kind of inspiration and that kind of brain you just need systems in check to make sure that it's all happening in a safe way. liz: people love his cars, ford they're gorgeous and there's talk tesla the debt swamps its shareholder equity that it wanted to merge possibly with google five years from now a handshake deal with larry page that would be a perfect fit. but the problem ford too is tesla cars do rapidly burst into flames there was a fatal crash in switzerland so was that the only problem about the autopilot and also the fiery crashes as well. >> well it's not just the autopilot there are a new more k inks to work out and a few with
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lithium batteries as you're pointing out with switzerland and that's where i'm going with this. a lot of elon musk competitors want to see him fail and take over the market share that he has, therefore he's got to be wise about what he promotes and when he turns it out. liz: that's right because google is in it, gm, going after tesla. >> you'll be taking one of those your new show congrats, i think that there is, i think that i'm excited. one day i hope my kids are taking an airplane taxi or whatever, you know? i think technology is the future but let's just be careful and people like elon musk need to surround themselves with good people that help with the communications and regulations but i would never want that kind of innovation. that kind of innovation is what makes us special. liz: i want drone pizza deliveries. great to have you on come back soon. >> thank you e-mac. liz: we're going to be right back. don't go away.
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cancel next month's summit with president trump -- we're going to stay on that story for you. thank you so much for having us in your home. thank you for watching. charles payne is here now with "making money." charles: good evening. i'm charles payne. dow snapping an eight-day winning streak as china trade worries have eased a little bit here but wall street worried that the economy is growing too fast. this is on top of reports that north korea is threatening to cancel the summit between president trump and kim jong-un due to military drills in south korea. we start tonight on "making money" with the trade negotiations. president trump defending his push to save the zte deal which got relief for american farmers that did nothing in return for relief to chinese tech giant that did everything wrong. the big question tonight, did
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