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tv   After the Bell  FOX Business  August 14, 2018 4:00pm-5:00pm EDT

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cheryl: we just snapped a four-day losing streak for the dow and s&p. [closing bell rings] that is it for "countdown." next up david asman and melissa francis. they will take you through "after the bell. melissa: yes we are. back to winning on wall street. stocks climbing today. the dow ending the day up about 112 points at the close. not bad. s&p 500 and nasdaq also in the green. i'm melissa francis. david: i'm david asman. glad you could join us this is "after the bell." more on the pig market movers. here is what else we're covering for you. it is another very busy hour. starting with omarosa, center stage. the white house press secretary sarah huckabee sanders in his first meeting more than a week, peppered almost exclusively about the growing feud between the president and his former white house aide. the very latest from is the white house why she could be on the hook for millions to the trump campaign. not sarah, but omarosa.
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new reaction pouring in over the firing of anti-trump agent peter strzok. this is another official prepares to testify on capitol hill. what all of this could mean for the russia investigation. the fbi is now sounding the alarm, warning about an imminent and coordinated cyberattack on atms all over the word. what you need to know coming up. melissa: back to the markets and the dow snapping a four-day losing streak, led higher by shares of mcdonald's, walmart, microsoft. nicole petallides on the floor of the new york stock exchange. nicole, talk to me about today's trade. >> right the bulls like a day like this. they will take it after the recent selling they have been seeing. unitedhealth actually hit an all-time high on the dow. we were up over 150 points. we held on to most of the gains. we're up half a percent on the dow jones industrial average and we saw the nasdaq and the s&p also gaining today. concerns about the turkish lira, the economy, contagion that
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could happen going across europe. we got somewhat of a spike today. but for three weeks it has been to the downside and there are still concerns about turkey. that being said look at the financials which are down are to the month of august but higher today. most of that setting from earnings. jpmorgan jpmorgan, goldman sachs, city group all gaining. goldman and citi gaining more than 1%. next week we get the minutes from the federal open market committee. we'll see that on the 22nd. ford under pressure, yesterday hit a six-year low. the ceo came out and saying don't worry about the morgan stanley and rest of them cutting the dividend. those are baseless. the dividend is okay. it is up half a percent. home depot is higher today. we'll look at some names we're watching for. three dow components, 15 s&p 500 components and a lot of retailers on the docket over the next several days.
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jcpenney, walmart, dillard's nordstrom. back to you. melissa: nicole, thank you. david: corporate profits boosting stocks. small business optimism is hitting a 35-year high marking the second highest level on record. we have gary kaltbaum, kaltbaum capital management and fox news contributor and lenore hawkins, thematica research. i'm skeptical with some of the surveys but in this case it is backed up with real money and real investment. i take it seriously. >> add one part lower taxes, one part less idiotic and moronic regulations and the most important part, just get the heck out of the way the and you see what you are seeing. david: right. >> great optimism. it is not just small business, but medium size businesses, it is big businesses. they see light at the end of the tunnel. if government ever does the big guy, the debt and deficits, the size of government, that big gigantic headwind we can get five to 6% gdp i'm not so sure
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they have any interest in that. david: lenore, gary brings up a great point, all the eggheads working in the obama administration, all these harvard phds, forgive me, melissa. melissa: wait a second. david: all the details of economic plans you do that, do that, nothing happens. it is not rocket science. you lower the cost of doing business you get more business. >> for the first time we've now got, this has been on going since trump took over, that the big problem facing businesses has been the lack of finding available labor. david: that's right. >> sometimes filling jobs. before that the big problems were taxes and regulations. if government gets out of the way businesses can grow. melissa: all right. stay with us, guys. developing news right now on tesla, forming a special committee to look at elon musk's proposal for taking the company private and then there is rapper azalea banks is weighing in as well. david: what? melissa: just what we needed, omarosa and a rapper. kristina partsinevelos is in the newsroom to tell us what this is
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all about. kristina. >> so much to talk about with this company and elon musk. i will get to the rapper in a second. i want to focus on a three-person committee that was formed. there are complaints they are not very independent much like the board. why? one member of the three-person committee, his name is brad buss, he was the former cfo of solarcity. solarcity you may recall elon musk bought two years ago 2.$6 billion, much to the dismay of a lot of investors. that is raising on eyes. this three-person committee. they have to raise feasibility, whether the company can actually go private. they have to do this without having any details or full proposal from elon musk because elon musk has not officially secured funding despite the fact he said so, he has not provided any details yet. he said on monday that was too premature to do so. this comes after mr. musk tweeted last week that he would
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take the company private at $420 a share. you saw the stock price jump up and plummet. there has been a roller-coaster the last little week or so. on monday, elon musk mentioned he had saudi arabia,ed saudi arabia sovereign wealth fund that would back him. that was essentially a vote of confidence. pretty much the shares ended flat. that investors are slightly skeptical of this whole situation. you can see it is down $8.77 at the moment. then we got to focus on the fact that elon musk also tweeted out that goldman sachs as well as silver lake were going to be the financial advisors. silver lake as recall did help dell. that was the computer company or is a computer company go private but there's a report from reuters right now that neither company officially said they will work as a financial advisor for tesla. another interesting part with goldman sachs, the goldman sachs analyst that covers tesla has opinion very bearish on the stock for quite some time, since
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2017, has said sell the stock. he believes the price will drop to $210. to go full circle to bring it back to azalea banks. she is a rapper. she claims she was musk's house or property on the weekend because she is friends with musk's girlfriend who is also a singer and songwriter. she took to enat that gram, she said she overheard, she wasn't trying to eavesdrops, that musk was describing musk trying to get. melissa: omarosa, all the different things, the common denominator, everyone get the hell off of twitter. that might be the solution. >> what are we going to talk about? melissa: we'll find something else. david: believe me, there is plenty. melissa: we got plenty. kristina. bring our panel back in right now. gary, my goodness, i mean elon
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musk needs to get his stories straight and get the heck off twitter. >> well, jay-z and i were hanging out at elon's place and we heard -- melissa: why didn't you call me? >> i don't know what to tell you. first off in my opinion i think he committed securities violation by making a false statement to the world. and you know, kristina said something very important, conflict of interest. when they did the solarcity deal back then his two cousins ran the company. that was a big gigantic joke. i don't know where this will end up but i will tell you this, the market doesn't like it because it has 60, 70-dollar discount to the price even talked about. we're only in the first chapter of this. i have great advice for mr. musk if he is watching, shut up, don't say another word. he will get himself in more trouble. david: good luck. melissa: that works in a lot of different situations. lenore, i know a lot of investors who are pretty angry and feel like elon musk has just sort of run amok at this point and that he is really violated a lot of rules/laws, what are your
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thoughts? >> this is the problem when you actually start drinking your own koolaid and believe your own hype. this company is cult of personality. when you look at the production numbers, look at it as a car company, the production compared to its market cap it makes no sense. this, if you're a shareholder, you have got to be enraged. this is not the behavior of a responsible adult. you do not come out and say that fund something secured unless you have a contract that says yes we're going to do it. all he had was a feeling? he was confident? come on, that is not what an adult us d you wonder where else he using that kind of judgment. david: good question. to another story we're following. turkey's president is pushing for a boycott of american-made technology including the iphone and other apple products. lenore you spend a lot of time in europe. is this even possible to keep europeans away from an iphone. >> good luck with that. david: yeah. >> i think, you've also got to
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love twitter by the way. leadership by twitter is not a good idea, fun to see all the pictures coming up of the president of turkey using all of his iphones. david: practice what you preach, mr. president. >> exactly. david: gary, it is just silly for him to suggest this. i just wonder, some people, and wall street at first was afraid this thing was going to spread. it seems so specific to this one guy, erdogan and what is happening in his country and his disputes over that pastor that they're holding in jail. i don't think it is going to spread, do you? >> i really don't at this point. you never know because you never know what banks own but this is very simplistic. mr. erdogan has obviously got that pamphlet written by hugo chavez and nicholas maduro how to run a country in the toilet. that is what he is doing. he is actually following their
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template to a t. guess what they will not have any toilet paper or diapers on the shelves that will come real soon. >> the election was a few months ago. i think they're stuck with him for the long term. >> that was no election. david: gary, lenore, good to see you both. melissa. melissa: here at home president trump's tariffs on steel and aluminum imported are providing benefits but some businesses are not faring as well. adam shapiro is live in popular bluff, missouri, i'm sure i said that wrong with details. adam, straighten me out. reporter: you got it right, i'm at pollar bluff. largest maker of nails like you use in the nail gun for construction. the tariffs hit hard. this facility is totally empty. they got up to full production this facility in november. they shut down in june. 150 people laid off. look at some video we shot this
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morning. they are still producing nails here but only 50% capacity. they're not at full workforce because the tariffs are taking a bite. those tariffs had increased the price of the steel they use, steel wire to make nails. until the tariffs either go away or some kind of a deal is worked out, they're in a behind here at mid-continent. i spoke to the operations manager chris pratt, told me they do want to see this resolved soon. >> the 232 tariff was put in place for a good reason. i think it's a misguided policy. that is what i would tell people. the misguided part of it is, they didn't think about all the downstream manufacturing operations of finished goods that are being hurt by it. reporter: so they're being hurt bit tariffs here at mid-continent nail but 54 miles away over at magnitude 7, aluminum, that plant shut down, brings, two years ago. they were coming out of
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bankruptcy and they were getting ready to start up. in fact they started to hire people back in february. but the tariffs in june really ramped things up. and they have been producing steel, excuse me aluminum, and shipping aluminum for the first time in two years. they shipped their first shipment three years ago. they hired back 375 people. they could get up to 800, 900 people, not yet but looking for 150 people more. i spoke to a man kevin tucker who worked at the plant before it shut down two years ago. he has come back to work. obviously he says he is pleased but he says the terrorists are necessary. >> it is a big plus, you know. china floods the market with metal. the tariffs helped stop that. that's what we need. we need to get more aluminum industry and steel industry back up in the united states. get the business back here so it can be bought here instead of coming from overseas. reporter: so at that aluminum
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plant tariffs are a good thing. but at this nail production facility, not a good thing. melissa: adam, great stuff, thank you. david: we're getting breaking news from "axios," the website, are reporting that neither silver lake or goldman sachs signed financial advisory agreements at the time elon musk said about his tweets. melissa: he tweets about this stuff, if they come through, they have them over a barrel. if they already said they're onboard. david: more about that in a while. meanwhile democratic socialist alexandria ocasio-cortez will not debate ben shapiro because she thinks he is catcalling. what is her excuse now that conservative women are challenging her to debate? we'll ask two of those conservative women exactly how they would challenge her views. that is coming up. melissa: and speeding car mowing down pedestrians, did you see this? in the heart of london at rush hour. police investigating this as a
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terror attack. we'll take you live to london for the latest. david: new reaction over the firing of anti-trump agent peter strzok as another official prepares to testify on capitol hill. congressman andy is about what this could all mean for the russian investigation. that is coming next. >> he tried to tip the scales. he took action against a sitting political candidate. he didn't just put his thumb on the scales of justice as a very high up person on the fbi, he sat on the whole scale, put his body into it. ♪ ♪. fact is, every insurance company hopes you drive safely.
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melissa: the white house just wrapping up, a heated briefing, yeah, the majority of the questions surrounding former staffer omarosa. she only needs one name. you know exactly who she is. let's go to blake burman to give
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us the highlights. blake, wow. reporter: omarosa manigault newman had said that she has more tapes in the pipeline. this morning the day started with omarosa releasing yet another tape, this time on cbs news, this one tape involves staffers of the president's campaign in 2016 discussing the possibility of if the president had used the "n-word," how that could potentially be spun as one staffer at the time put it. katrina pierson, who was a spokesperson for the trump campaign said the president had indeed sad it. he was embarrassed by it. but afterwards, pierson put out a statement saying this was a rumor started by omarosa herself. pierson added in the statement, quote, omarosa fabricated the story by conflating numerous discussions. within minutes of that tape being released, coincidental or not the president took to twitter and posted the following saying, quote, when you give a crazed, crying, low-life a break
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and give her a job at the white house, i guess it just didn't work out. good work by general kelly for quickly firing that dog. the white house battling back suggestion at the press briefings that the president's characterization went a bit too far. >> i think the president is certainly voicing his frustration with the fact that this person has shown a complete lack of integrity, particularly by the actions following her time here at the white house. reporter: now the president's 2016 campaign is now fighting back, filing an arbitration case in new york contending that omarosa broke a confidentiality agreement. that hasn't stopped her from talking though, as this afternoon she went on msnbc and made this claim about the leaked emails associated with hillary clinton's campaign. >> did donald trump know about those emails before they came out? >> absolutely. >> he knew about them? >> yes. >> he knew what was coming out before wikileaks released them? you're saying donald trump had a
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back channel? >> i didn't say that. you did. reporter: as focus shines on that former white house employee who is the white house is labeling at someone with no integrity, the president targeting another familiar name, that being peter strzok saying on twitter this morning, strzok started the illegal rigged witch-hunt. why isn't this so-called probe ended immediately? why aren't these angry and conflicted democrats instead looking at crooked hillary? in other tweet, david and melissa the president described strzok as a fraud. back to you. melissa: the theme of the day. everyone get off twitter. blake, thank you. david: here to react at least to the investigation, republican congressman andy biggs from arizona. he is on the house judiciary committee. let's start with peter strzok. it is clear that the man had an extraordinary bias against trump before he was elected, after he was elected and even after he was inaugurated.
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in what way, if any, can you point to areas where strzok's obvious bias affected the way he behaved at the fbi? >> there is three ways and the first one is when he was on the hillary clinton investigation investigation. he was the choke point of information going up to the people who actually signed off on the decision. there were literally thousands of decisions made by peter strzok who did the interview, how to interview him, how to proceed in the investigation. he was biased in favor of hillary clinton and he did not like mr. trump. so this all plays into that. and so, so comes out that they spit out this exculpatory letter before they even completed all the interviews yet. david: so he quit the hillary investigation too soon and he began the trump russia investigation too soon or before there was enough evidence to
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justify it? >> exactly. he moved from one to the next and he is biased and he is looking for things, looking under stones. they are using bad evidence like the ohr, the fusion documents, you know the dossier. they're getting fisa warrants so they can investigate and -- david: i even heard today on some other channels people who were quite anti-trump who used to be at the fbi just the fact that he did damage to the reputation of the fbi was enough to fire him. but let me move on to somebody who, as far as i know still has a job at the department of justice, that is bruce ohr, whose wife worked for fusion gps which came up with the trump dossier. turns out now, that bruce ohr had met with christopher steele, the guy getting the russian information, stuffing it into the trump dossier as early as january 2016, long before the election, six months before the russia investigation began.
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what does that mean to you? >> it means to me this is conspiratorial it what it looks like. this is done with this knowledge, this intent. they are not just happening on something, they meant to do this. they knew what they were doing, and that's why we need to investigate this, not just the way the congress is doing it, but criminally. that is why you need a special counsel. david: but time something particularly -- >> oh, yeah. david: he met over 60 times with christopher steele going back to 2016. the investigation, the russia investigation didn't begin until sometime in the summer of 2016, so what was happening between bruce ohr and christopher steele and the trump dossier in all those months preceding that summer? it does seem, maybe conspiracy is too strong of a word but i can't think of any other? >> i can't either. you are getting people together planning out a pathway that looks like it may have been illegal. that is what we call conspiracy in the old days. that is why i'm looking forward
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to this interview with mr. ohr on the 28th. david: that is august 28th, norfolks to sit on calendar. forgive me for jumping in. we have only time for one more question. 66% of the american public want an end to the mueller investigation before november. before the midterm elections. do you think there is any chance of that happening? >> well you know my opinion, david, this should have happened a long time ago. there is a chance it could happen but i just think mr. mueller is trying to keep his power and his scope, he wants to keep this thing going for as long as possible. it would be unusual, in my opinion, i don't know that he will finish it by november. david: congressman andy biggs, good to see you, congressman. come back as we get closer to the investigation of bruce ohr in the hearing. i appreciate it. >> thank you. melissa: breaking news right now. berkshire hathaway just releasing the quarterly holdings report. it increased the share stake in
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apple by 5.2%, in teva by 6.7% and southwest and delta air lines by more than 18% and goldman sachs, 21%. david: 21%, wow, that is a biggie! teaming up to target trump. 100 media outlets from across the nation are joining together to take on the president. we have more on the fallout of this after the break. plus gearing up for another set of major primaries tonight. what can we expect and how it could set the tone for november. james freeman from the "wall street journal" breaking it all down for us. that that is coming next. ♪ forgiveness liberty mutual won't raise their rates because of their first accident. ♪ liberty. liberty. liberty. liberty ♪
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david: yet another test for the so-called blue wave. voters in four states heading to the polls today ahead of november's midterm elections. fox news's peter doocy in waukesha, wisconsin, with more on some of races to watch. hi, peter. reporter: david, the last time,
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the last three times the democrats tried to beat or unseat scott walker they failed. twice in general elections. once in a recall. that really frustrates democrats here in the badger state because while in office, walker has butted heads with public workers unions by forcing them to pay more for certain benefits and rolling back certain bargaining power they had. now democrats have an eight-candidate field trying to knock off walker. whoever wins might reveal a lot about what kind of candidate democrats think that in the midwest, they will give them a good chance to flip gop offices and seats as republicans in wisconsin will pick a senate candidate to give them a shot to minimize impact of much-discussed blue wave. the target is incumbent democrat senator tammy baldwin. those include, kevin nicholson one time college democrat who
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broke with them and his family, he has a fund-raising lead. he doesn't have the backing of wisconsin gop heavyweights like paul ryan, scott walker, reince priebus. they want state senator volusia county mere to win. the paul ryan wants his former aide, candidate ryan styles to succeed him. the district has five other republicans as well, who will face the winner of the democratic primary, in november, and what is no longer this wisconsin first district, a safe republican-held seat come november. david. david: i remember when it was a safe democratic seat. it goes both ways. peter doocey, great to see you. melissa. melissa: here to react one and only james freeman, "wall street journal" editorial page editor and author of a fantastic new book sliding off the shelves at amazon. if there any there get them there immediately because it
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will be gone in a minute. "borrowed time." james freeman. >> thank you. melissa: a lot of pressure on you with that introduction. i hope you brought you "a" game. let me ask you about wisconsin. a lot of races in there. >> yes. melissa: a lot of really big-name people clustered around. what do you think is going to happen? what are the key takeaways when the night is over? >> what people are legally looking for here, some measurement of the intensity of the democratic voter, likelihood to turn out this november. and also the composition of the votes in these different primaries because, there is a lot of concern that suburbanites around milwaukee in particular and women in particular are not huge trump fans. so i think people are trying to get a reading on whether that presents a problem for republicans generally in the fall and obviously for scott walker as he seeks a third term. melissa: there are so many ways to spin that though. if you end up with a bunch of people who don't like trump, you
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can pitch to them you may like his policies but sort of afraid with them especially when he is on twitter. if you elect this republican, he is sort of in him but will be a little bit more moderate. you could make that work for you. or could be a democrat says we'll impeach this guy, so put me in place. all i'm saying it doesn't predict how they're going to vote. >> absolutely right. when you think about 2016 where there seemed to be this sense, like there is today, among a lot of republicans, great policies but he, mr. trump has -- melissa: little wacky. a little wacky. >> wackiness comes along with him, in 2016 they ended up voting for the president obviously but i think this is kind of the story around these primary areas. they're looking for that intensity because the good story for republicans is, the generic ballot really tightened up lately. look on "real clear politics" average it is below 4%. which means they would probably hold the house in a normal election year, if there is not a big difference in turnout and
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intensity. melissa: we have a little while to go. we were getting up to the 2016 election, just depended what day you voted. there was so much back and forth. >> yep. >> i also want to ask you about 100 newspapers are preparing to publish anti-trump editorials on thursday. he will really wallow around in joy on that one. it is sort of like, this thing where he keeps saying media is against him, the enemy of the people. what are they doing? they are doing exactly what he sort of predicted they would do. >> i don't know how many people are unclear where most of these editorial pages stood on donald trump but, also, i kind of wonder who are they speaking to with this? because obviously there is a -- melissa: themselves. >> there is sentiment among a large part of the country, let's say the right half the political spectrum the media is lined up in lockstep against mr. trump. they're not giving him a fair shake. they're adversaries with him as opposed to covering him objectively. for them to line up all say the
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same thing at once, it kind of confirms a stereotype. melissa: seriously. we'll see. james freeman. thank you. i will race out, get the book, "borrowed time." immediately if not sooner. david: they have restocked in amazon. melissa: get me 10 copies. david: all right. your hard-earned cash at risk. this is a serious story. why the fbi is sounding the alarm on a worldwide atm hack. is your favorite atm safe? the very latest coming up. melissa: terror in london. a driver arrested after slamming into pedestrians near the british parliament. what police are saying about the suspect and a possible motive. that's next. ♪
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melissa: suspected terror in the heart of london. police say one man is in custody after a car deliberately crashed into pedestrians outside the houses of parliament. fox news's benjamin hall is live at the scene in westminster with the latest. benjamin. reporter: hi, melissa. as you say yes another terror attack here in the heart of london and using that method we've seen time and time again here and abroad. a car used to mow down pedestrians in iconic location, so simple, so hard to stop, experts say amazing only three people were injured. two were hospitalized. one was in serious condition. it began 7:30 this morning as a silver car careened around parliament square.
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accelerated not far from big ben, crashed into a group of cyclists, sending them flying before ending down near parliament, crashing into a safety barrier. the police swarmed over the car. they handcuffed him. he made no attempt to mistake. he was apparently calm, collected. he had no secondary attack planned. as in case of other attacks. no knives, no weapons, no explosives in the car. president trump tweeted about the attack. saying quote, another terrorist attack in london. these animals are crazy and must be dealt with through toughness and strength of the suspect is not named, but believed to be a 29-year-old. he is not thought to have been known to counterterrorism police. he is not cooperating with officers either or speaking to them. they say he is british but originally pro abroad and that he drove his car down to london from birmingham last night, arifing in london around midnight. three raids were takes place in birmingham and nottingham.
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authorities are tracking him down. they know where he came from. they're trying to track others down. cobra, the emergency committee. that means they believe an attack is being planned but is not imminent. melissa. melissa: benjamin, thank you. david: another shocking tragedy overseas. rescuers are searching for survives after a busy highway bridge outside of genoa, italy, collapsed killing at least 26 people according to officials. cars plunging nearly 150 feet to the ground. rescue crews are racing to around the clock to save victims trapped in the rubble. exactly what went wrong is still unknown. awful video of that. melissa: absolutely. refusing to debate the merits of socialism. alexandria ocasio-cortez claiming ben shapiro's offer is quote, catcalling, so some conservative women are upping the ante. next moat two voices offering to debate the rising star of the democratic party.
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are you in good hands? david: taking on socialism. conservative women are challenging the democrat contender alexandria ocasio-cortez to debate after the self-described socialist slammed ben shapiro for quote, catcalling after his challenge was rejected. my next guests are challenging her to something than a fawning interview all she has been subjected to so far. allie beth stuckey, conservative millenial, and kaya jones, national coalition for trump. alli, first to you, is there any response from the ocasio quarters? >> there haven't. look i really don't care if ocasio court test debates me. would i love to have a conversation on my show on crtv. that would probably happen. i would like her debate someone like ben shapiro. the point was to call her out
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foresighting sexism when that clearly wasn't the reason. she was simply afraid to have her views challenged. she has gone on several liberal networks. she is completely unable to defend her platform. i highly doubt she would be able to do so against a conservative. david: what gets me about the interviews she has done so far, frankly they're on, almost all of the networks that would be, offer her these kind of fawning interviews we would expect, she comes out with the claims like upper middle class is dead. she said it doesn't exist anymore, that are baseless. i mean, she just makes up stats and goes totally unchallenged when she does so. >> exactly why i want to debate her. politicon is unbiased, 60% more on her side than my side. yeah, socialism as we know is very big government. it is forcing down our throats what we don't want as conservatives which is less government. we want more freedoms. so i would like to debate her. i would like to see what her
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eight-point plan is. david: what gives you more freedom other than economic opportunity? you look at all the economic data, the real economic data she doesn't deal with, the jobs up in members. you look at consumer confidence, you look at investment, small business investment, all of the indicators indicate that we are in a economic boom now, specifically because we have less government and a stronger private sector. >> well, this is someone who used to say she was a smithian capital it. she knows the benefits of capitalism. i'm not sure what happened between being in college and to now when she is 28 years old, all of sudden she adopted socialism. i don't know if she got convinced by bernie sanders in the election or what it is. she has a degree in economics. she has a degree in international relations. david: shows you what those degrees are worth. >> went to a school in westchester. >> we don't know where she was brainwashed. david: she went to boston university where one of her degrees is come.
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she claims to speak for the underclass, whether they're economically underclassed or minorities, the minority employment situation is terrific. it has never been better when you're talking latino or african-american. >> president trump under this administration he has been in office a year-and-a-half, not even two years and when it comes to hispanics, 1.7 million jobs have been put back into the economy because of president trump. 700,000 plus jobs for african-americans. during the eight years of obama, that was only 100,000 for african-americans. to say -- david: income inequality, income inequality was growing under president obama. there are signs finally it is shrinking a little bit. if that is any indicator at all. >> president trump -- sorry go ahead, allie. david: go ahead. >> okay, well i don't think you can press her on that particular issue because she won't have an answer. she has been on cnn, pbn. she hasn't been able to answer that question, as well as simple
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question how you will pay for all the programs. the biggest thing she touts medicare for all that will save us $2 trillion. it will cost us hundreds of trillion of dollars, something bernie sanders actually admitted there will be pain in this country to pay for medicare for all. beyond that she does not have a platform. david: kaya, i want to ask, have you received any response at all from the ocasio quarters? >> absolutely no response. i think for someone who wants to actually have a open discussion, you know, i'm a woman who is pro-trump, i'm pro-military, which is something she is very anti-and also pro-second amendment. i would love to debate her. poitcon is open platform, non-biased. she is welcome. david: i hope she is listening. thank you both very much. >> thank you. melissa: your money at risk. the fbi sending a warning about a unlimited atm cashout scheme. what you need to know to protect
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melissa: the fbi out with a warning for your money, sounding the alarm on an imminent throat of a global atm cashout where hackers gain access to atms and use clone debit cards to swiped dill millions of dollars in a matter of hours. bill gavin, former director of the fbi in new york and senior advisor to integra intelligence. thanks for joining us. can you tell us how this works? >> basically, melissa, they will hack into a bank and or a bank processor and get that information, produce clone cards off the information they obtain and then, the scary part about this thing, is the fact that this seems to be choreographed,
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synchronized effort by a number of these cyber hackers to all, commit their crimes all at the same time. that is hit the atms at the same time. that can result in the loss of millions, and millions of dollars. what is even worse, if they go into the bank network itself and go beyond the atm, into the electronic payment process, that would be catastrophic. so it is very difficult. right now, i know -- i'm sorry. melissa: i was going to say, there is also a process, we were showing it on the screen, called jackpotting, where they pretend to be repairmen and break into the atm physically, and insert something that makes it basically spit out all the cash. they put in malware or some sort of hardware, right? >> that is absolutely true. that jock pot something that requires them getting into the machine. that makes it a little more difficult for them and good
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chance of them being found out. not totally found out but may be found out t will spit out all the cash in the machine. they can empty the atm in a very rapid fashion. melissa: why is this a danger to consumers? it is always my impression, when somebody does something like this the bank is on the hook. they have insurance to cover it but for consumers you're pretty much protected? >> maybe in the long run but just think about the an coin convenience for the consumer -- inconvenience, you're in london, working for fox in london for a day and you need to use an atm to obtain cash, you can't do it. if in fact it reaches a point where the bank would have to inactivate all the atm machines, it might not be every bank but a bank deactivates number of machines, think of inconvenience for the consumer. on the hook, probably not not long run but it's a catastrophe
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for the industry as a whole, very difficult for anybody that is using the particular atms. >> good the alert is out. we all know more about it. the banks are very serious about their money. i'm sure they're on top of it, working on it. bill gavin, thank you so much. >> my pleasure, thank you, melissa. david: struck out but cashing in. how the disgraced former fbi agent is asking for and getting donations from the american people. wait until you hear how much. melissa: amazing. ♪
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melissa: peter strzok needs your help. i guess. i gofundme page raising $329,000 so far. david: money supposedly put in a trust to cover strzok's heavy and growing legal costs, and income loss. this year mccabe raised more than $500,000, even though his
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family has more than 700 million. melissa: maybe there are better weighing to spend your moneyismf i would think so. >> the "evening edit" starts right now. >> on the ground of activity. seems to be intentional. >> it is happening more frequently. liz: terror attack in london, another vehicle attack, a suspect plowing a car into a crowd in rush hour. we'll bring you latest, and trump campaign filing

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