or people get away with it. >> if this happens and amazon walks away down there, do we start the beaut quliy contest all over -- start the beauty contest all over again? [♪] president trump: it's an honor to be with chairman kim it's an honor to be together. the first summit was a great success and this one will be hopefully even greater than the first one. we made a lot of progress. and the biggest progress was our relationship. it's really a good one. i think that your country has tremendous economic potential. liz: big action from capitol hill to hanoi. it's moving markets and reshaping the balance of power. three hours from now president

trump and kim jong-un will begin their second formal summit. tonight we'll get at the key question. will president trump succeed here where other presidentsed have failed? also stocks rebound after the u.s. trade rep robert lighthizer announced a tremendous easing in the u.s.-china trade fight. and then in the middle of this, the north korea summit and more, the president's former personal attorney testified the president engaged in criminal conduct while in office. also a rocky, wobbly launch to the democrats' debut of their medicare bill. democrat support for it is plummeting. it's now got republicans happily on the march against it, and democrats on the run away from it. what it hides from taxpayers is

the price tag. also this. senator mitch mcconnell ripping into the green new deal as quote dangerous for america. the u.s. special envoy to venezuela warning the united nations what we have been reporting, the socialist maduro regime is freeing dangerous criminals from prison to use them as soldiers to terrorized the borders. they are beating, shooting and killing venezuelans trying to bring in humanitarian aid and food. the united nations is telling the world just that. i'm elizabeth macdonald. "the evening edit" starts right now. [♪] we have got you covered. rich edson on the state department on the big north

korea summit. edward lawrence in washington, d.c. with the latest action that happened today. the north korea summit with rich edson live at the state department. >> formal discussions are scheduled to begin soon in hanoi as the united states tries to secure concessions from north korea, concrete steps it would dismantle its nuclear weapons program. both leaders expressed optimism about these negotiations. the president has tried selling kim on a vasty improved economic future if he agrees to dismantle his weapons. president trump: i think your country has tremendous economic potential. unlimited. and i think you will have a tremendous future with your country and i look forward to watching it happen and helping it to happen. reporter: president trump and

chairman kim last met in sing pork where they agreed to a broad framework they called denuclearization. where both countries disagreed over the definition of denuclearization. north korea has not turned over a list of its weapons. the administration as refused to lift sanctions without north korea fully destroying its nuclear program. north korea has stopped exploding nuclear bombs and launching missiles. independent analysts show north korea continues work on its weapons. the two leaders scheduled some type of signing ceremony. it's unclear what they committed to. liz: let's get to edward lawrence on all the fireworks on capitol hill. reporter: three massive stories on capitol hill at the same

time. president trump's former attorney michael cohen testifying. fed chairman in another room and robert lighthizer in a third room all testifying at the same time. the u.s. trade representatives' office will suspend until further notice the increase in tariffs from 10% to 25% on $200 billion on chinese goods. he says it's too soon to predict whether we'll have a deal but any deal we get will protect intellectual property. >> we have very different systems. they are in a process of reform or they are not. it depends on who you talk to. if they are in the process of reform we'll make headway. if they are not, we'll go right back to having problems. reporter: he believes if china

makes a deal it will benefit both countries. jerome powell faced the house finance committee. he told them the fed will be patient. also he gave the committee more specifics on why the fed will hold a larger balance sheet. >> we worked out the framework of a plan that we hope to be able to announce soon to light the way to the end of balance sheet normalization and result in the end of asset runoff sometime later this year. >> reporter: experts say they. former trump attorney michael cohen testified the president knew roger stone contacted wikileaks and told the president when damaging emails would be released. republicans on the committee say this is about democrats trying to impeach president trump. >> the best they can find to start this process, michael

cohen. fraudster, cheat, convicted felon and two-month federal inmate. report from we likely have not heard the last from michael cohen. liz: he denied -- he wouldn't confirm yes or no whether he's looking for a movie or book deal under oath. edward lawrence, thank you for your great reporting. his take on the north korea summit is the heritage foundation. dean chang. great to see you. this is the second nuclear summit. what is going on between the relationship between president trump and kim jong-un. it's an interesting one. what is the media missing here? >> i think what we have here is two very strong personalities, two very strong leaders. each them is maneuvering get the

other into a position of relative vulnerability. so president trump obviously is playing up the economic aspect saying to kim, you can make your country better, you can make your country an economic powerhouse. kim is clearly trying to say to president trump, i could potentially give you a political win. a lot of media, a lot of coverage if we can reach an agreement. the problem is both sides are unwilling to move on key points. particularly what denuclearization means. liz: north korea will not give up its nuclear weapons so long as the u.s. has a presence in that regional theater. that's the issue. are we resigned to north korea being a nuclear power at this point? >> i think that there are legal impacts of declaring north korea

a nuclear power. but it's a very good question. if nothing emerges out of this summit, what president trump is going to consider his plan b. the other side of that, if nothing emerges from the summit. what is kim going to do? liz: i clearly wants economic growth. he's all in on that. even democrats including jimmy carter and anti-trump progressives. they like what the president is doing. there are 18 democrats signed on to bring peace to the peninsula there. alexandria ocasio-cortez supports that. the 18 democrats like this. if the president walks away with more peaceful warming relations between the u.s. and north korea. that's a victory. >> it will make for the second

best photo-op. liz: we'll be looking for that. we would love to have you back on the show. thank you for your insights. we appreciate it. ideas that were once considered extreme, fringe, radical in 2016 when bernie sanders talked about them. house democrats are running away from medicare for all. that support has dropped to 107 centrist democrats worried about this rollout. the rollout was shaky. the democrat support for it falling. let's bring in the president of gdf advisors. this bill would rip away all private life insurance for 160 million americans. everybody would in the same

government system. your take on the democrats running away from it. >> there is no question we have a concern over the rising cost of income the united states. the challenge is, giving it away for free, giving access to an expensive system doesn't drive down the cost, and it has to be paid for. liz: as soon as that taxpayer money runs out, you have rationing and lines and caps. the democrats are realizing, let's tinker with what we have got. obamacare. you look at the health stocks getting crushed today. you know, when you read through the bill stuff, it should critics say scare all americans. here is what's in the bill. come to me and talk to me about this. the health and human services secretary would appoint regional directors and they dole out lump

sums to pay for medical care. talk to us about that. >> the insurance company gets to be the bad guy when they deny a claim, right? now, you uncle sam would be the bad guy. uncle sam will be able to determine who does and doesn't get care. everything being run through block granting, effectively giving out sums of money to hospital systems to give out care. when it's completely free and no requirement of financial liability from any consumer. they are just going to get more of it. liz: role col is -- roll call is reporting that support for this is diminishing. scott peters of california, abigale stanford of virginia. they are say there is not a mandate for this right now. >> there is not.

democrats will remember wet affordable care act passed, they lost power very quickly. republicans used that as a rallying cry. the bills introduced are massively farther left than the affordable care act. the democrats with a long-term memory remember they lost when this was what they stood for. liz: a lot of action happening with stocks today. let's get to ashley webster at the new york stock exchange. reporter: it was a day full of news but the markets struggled for most of of the session. the dow losing 72 points on the day and the nasdaq gaining 5 points. shares of weight watchers blimented after earnings that disappointed investors. along with lower sales and earnings, bad news for oprah

winfrey whose 8% stake in the company means she lost more than $40 million. wynn resort will have to pay $20 million. it admitted it ignored sexual allegations again steve wynn. liz: senate majority leader mitch mcconnell attacking the progressives' green new deal. even nancy pelosi gave it a tepid, lukewarm welcome. the freshman lawmakers spearheading it. we'll tell you what ivanka said that cortez is misunderstanding. the price tag $9 trial or 10

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liz: senate majority leader went after the democrats' green new deal. he called it foolish and dangerous. chad pergram is on capitol hill with the details. reporter: here is what we learned the past couple days. mitch mcconnell is going to put this on the floor and he says he'll do it before the august recess. i'll read you two statement from the majority leader. the democrats who you ad it say it's a massive reorganization and takeover our economy and

culture. mcconnell says it's a santa claus wish list. the philosophies behind his, textbook socialism are foolish and dangerous. what mcconnell is doing, he's taking a play from a play he ran in 2017. bernie sanders had a medicare for all plan. mcconnell said let's put it on the floor. none voted for it. they all voted present. chuck schumer, i tried to opinion him down yesterday to say will democrats vote present? all he would say is we won't participate. but what this is really about is 2020 and the presidential sweepstakes. look at the democratic senators running for president. what mitch mcconnell is trying to do is get the presidential

hopefuls to say yes i'll vote for this and support it. and they will say look how extreme they are. and they will oppose it and say this idea is see extreme even the democratic hopefuls won't support it. >> speaker of the house nancy pelosi had a lukewarm welcome for the green new deal. >> we know we have a moral responsibility to pass a plan in the healthiest way possible to the next generation. to do that we'll have the boldest common denominator. to do that we have to have public opinion with us on it. you can put your suggestions forth. so i salute the enthusiasm. but i can't say take that and pass it because we have to go through our checks and balances with our committee chairs.

liz: the green dream, nancy pelosi just gave it a lukewarm. >> it's not the democratic party of our grandfathers and grandmothers. liz: the green new deal says it would outlaw no more private jets for bernie sanders. the clinton campaign says he likes to fly in them. and it would outlaw ocasio-cortez' own luxury apartment building. >> that's some political rhetoric. but if you look at the proposal. $93 trillion of cost. i get it, it's pie in the sky and not based on reality. we want to live in this fairyland that government will take care of all these problems. i have been talking to a farmer living in our district.

he said aren't looking for a handout in america, they are just look for a fair shake. i think that's what we need, not the extreme policies of the green new deal. >> obama's stimulus plan 8 years ago. it had a mini green deal tonight. it blew billions of dollars on taxpayer green energy companies that came look for handouts. a lot of lobbying. we have been there before. we have seen it in spain killed more than two jobs for every one it created. >> that's the root flaw. it relies on government mandate. clean air, clean ka water and get it done. what gets it done and moves needle is innovation. capitalism. at the end of the day you get people responding to positive factors to get them to innovate

that new technology and energy source. you do that appropriately and in a fair way that people can compete on a level playing field. you move the needle because capitalism will result in better technologies. liz: you are talking carbon capture and nuclear fission. let me back up to your discussion of costs. even the federal reserve chairman, jerome powell, said printing money for it is just wrong. >> and it's risky. we are all at $22 trillion with the national debt. at some point in time this attitude that government debts don't matter is dangerous. that assumes america will be the world reserve currency. america will and marketplace no one else will leave because they have nowhere else to go. that's arrogance at its top.

it's not acceptable to me and many of my colleagues. liz: the california utility pg & e under fire, accused of puspushing off and delays a safy overhaul of a 10 odd-year-old high voltage transmission line. it's the main suspect of causing the deadliest wildfire in california. the state attorney general wants to expand california's new data privacy law to let users of technology and social media sue tech companies and any other company that share and use personal information without permission. big blue states like california and new york are suffering. 11 million taxpayers are going

to see much smaller refunds due to the cap on the salt deductions. and fedex will begin testing a robot for same-day home deliveries for companies like walmart and pizza. mitch mcconnell moving forward on a vote to call the democrats' bluff over the green new deal. asking, do they want to up end american whristles for a socialist vision? elliott abrams confirming what we have been reporting for a while. socialist maduro's regime is freeing and releasing dangerous criminals from prison. he's use them to control and terrorize the borders. beating and shooting venezuelans trying to bring in humanitarian aid like food. we are staying on that story for

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[♪] >> we have got people who will see that offer from the democrats, the progressive democrats, alexandria ocasio-cortez. here is the green new deal, here is the guarantee a job. that's what i want. what do you think of those people? >> i don't think most of americans in their heart want to be given something. i spent a lot of time traveling around this country the last four years. people want to work for what they get. i think this idea of a guaranteed minimum is not something most of people want. they want the ability to be able to secure they wanted. they want the ability to live in a country where there is potential for upward mobility. liz: that's ivanka trump pushing

back on ocasio-cortez's green new deal. she says she was talking about the part of the green new deal that discussed a living wage for people unwilling to work. despite that, ocasio-cortez is firing back saying she knows what she is talking about when it comes to wages because she actually worked for tips. but economists say cortez does not understand how the united states and the economy here has been built on knocko -- been built on income mobility. moving up the food chain. >> many people see her as the american dream. she was a bartender a year ago. here she is now a mega celebrity

with members of congress standing behind her to endorse a plan that will upend the american economy. this is the land of opportunity, not the land of guarantees. she is so off base in her understanding of what makes this country so prosperous. liz: you are saying she is a perfect example of the system built in. pew research found the u.s. has a lot of income mobility. 60% of the people in the lowest levels were raised up out much it. >> i think that's part of the fascination with her. people see this person who came from relatively humble beginnings. she doesn't have an ivy league education and doesn't come from a rich and powerful family. she is earning many times more

than she would have been able to earn in tips as a bash tender. but the ideas she is proposing would quash the american dream. the president of the american action forum said her policies would cost $90 trillion over 10 years and he thinks that's a conservative estimate. liz: what happens when the government guarantees a wage for people unwilling to work. even the owners of the coffee shop where cortez works said they had to shut down because of government-mandated increases in the minimum wage. >> it kills the incentive to work. people realizing if they worked hard and they were creative and they took risks that they could succeed and even prosper. but she is saying no.

liz: the minimum wage is a stepping stone. you are not suppose to be raising for a family of four. >> it gives people and young people in particular a chance to get started in the economy and learn how to succeed, how to become a success. they never get that start if the minimum wage is so high, those jobs just don't exist. obamacare has been part of that minimum wage. the $15 minimum wage with all those kill jobs. liz: thank you so much for joining us. ahead on the "evening edit" the u.s. special envoy for venezuela tells the united nations he's worried about the safety of interim president juan guaido now that he's returning back into venezuela from colombia where he met with vice president pence. ♪

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liz: u.s. special envoy for venezuela elliott abrams told the u.n. special envoy said maduro is release prisoners from prison, giving them guns. and they are now committing crimes against humanity. abrams wants the u.n. to stop this and get humanitarian aid into venezuela. >> armed gangs, thugs are being released from prison. while venezuelans were shot and beaten and killed as they tried to bring food and medicine into their country, maduro was literally dancing that caracas.

liz: dancing at a concert maduro was having at the border at the border as people are starving and being shot. now fears are growing neil cavuto will arrest and throw into prison juan guaido after he returns to venezuela after meeting with vice president michael pence in colombia. abrams told the security council that he's worried about juan guaido's safety. >> we are deeply concerned about the safety of interim president guaido upon his return to venezuela. council members, it's our duty to insure that interim president guaido is able to return home freely and safely. liz: the news broke today. dozens of european and latin american lawmakers and diplomats abruptly got up and walked out in protest at a u.n. summit in

geneva against venezuela's foreign minister. joining me now is eric farnsworth. what's your take in all of this? >> we are deal weaken author taishian regime that's desperate to maintain itself in office. including preventing the crossing of borders of hughman man tearian existence. they would rather shoot their own citizens and let them have needed food and medicine. liz: we are hearing from our reporting venezuelaians are asking, where is the outrage. we see the diplomats getting up in protest and walk out.

they are also asking where is bernie sanders the socialist here on this. bernie sanders continues to deny that maduro is a socialist dictator. he says there are democratic operations under way in venezuela. >> there is no question maduro is a dictator. so i think denying that probably is not accurate. the real issue is what need to be done by the international community to get maduro his walking papers. to get him out of venezuela where he trashed the economy and turned it into a pariah state. he wrecked the entire fabric of society. 10% of maduro's administration are not looking to support maduro and his parties. >> cuba is all over venezuela. cuba is bracing for social

unrest because if maduro is ousted. cuba gets about a third of its oil from venezuela. it gets cheap oil. if maduro is out. that cheap oil goes away. it could go into a deep recession and have social unrest. isn't that why cuba continues to prop up nicolas maduro? >> the cuban regime is all in because when the soviet union went away, they developed a lifeline from venezuela. they get thousands of barrels from venezuela for free that they can use or sell on the market. they are stealing from the venezuelan people who are starving so maduro can go forward. coming up. political warfare.

it's democrat versus democrat. we are talking open bickering, fighting, nasty name calling. and it's raising a larger question tonight. whether all of this fighting will boil over into 2020 and ruin bernie sanders' run for the white house. the first two democratic members signing on to a movement to impeach trump. we'll tell you who they are and why democratic leadership is not necessarily on board. stay with us. we have that story coming back. our grandparents checked their smartphones zero times a day. times change. eyes haven't. that's why there's ocuvite. screen light... sunlight... longer hours... eyes today are stressed. but ocuvite has vital nutrients...

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liz: bernie sanders 2020 presidential campaign experiencing a shake-up. people are leaving. also there is a big fight between the clinton campaign and sanders campaign. will this hit his 2020 bid for the white house? scanned you naivian countries that bernie sanders likes to cite as socialist nirvanas. they are saying stop this. we are not socialist. gillian melchoir is on the bernie beat. what do you make of this?

>> in 2016 bern yinded up escaping a lot of scrutiny. he won't escape it this time. anybody can look pretty clean next to a clinton. but he does have some things that are worth asking about. his wife's dealing with burlington college. and you do have to ask whether it's proper for a socialist to be flying on private planes and to own a lake house. some the things in his lifestyle that don't mesh with what he has been preaching. liz: you are talking about his big carbon footprint and bank loans. hillary's and bernie's team sounds like they hate each other. bernie has a serious private jet problems. the sanders team is firing back

saying the clinton team you are a bunch of a-blanks. >> that's quite some sniping going on. this is a preview of what we'll see in 2020. it's remarkable how little scrutiny bernie sanders got back then. liz: he is known for his harsh criticism on income inequality. scandinavia is saying, bernie, we are not socialist. i like your reaction to the scandinavian prime minister saying bernie sanders honeymooned in the soviet union. and the danish prime minister saying we are capitalists, we pay for our welfare programs. we are not socialists.

>> it's a fair critique. when you look at how bernie sanders has been somewhat reluctant to give a full-throated criticism on what's happening in venezuela. where you have seen socialism trotted out and tried, it's been a human tragedy. liz: you are on the bernie beat? >> i'm doing the coverage. liz: we'll be right back. how about those song lyrics? what song lyrics? tell him again. tell him again. repeat it. yeah, same thing. (advisor) so with a nationwide annuity, you can get protected... i saw my leg did not look right. i landed. i was just finishing a ride. i felt this awful pain in my chest. i had a pe blood clot in my lung. i was scared. i had a dvt blood clot.

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liz: welcome back, freshman democrat congresswoman, rashida talib and omar are first to sign a pledge to impeach the president, with public advocacy group, we the people, after congresswoman talib received backlash when she was quoted in a leaked video as promising to

impeach the president using a vulgarity. joining me, patrice lee, your take on this. >> i am not surprised, these are very extreme, freshman congress women, they are -- you know they are trying to be the squeaky wheel that gets oil, however i don't think that democratic leadership will give in. i believe that nancy pelosi will be smart about this idea of impeachment. she wants to keep the focus on her agenda. that is what she thinks will be helpful in 2020, if it backfires, and leads to president trump's being reelected and house flipping back and control of conservatives, third, public opinion is just not behind impeachment. liz: democrat ran in 2018 on big issues like healthcare. they were told not to run on impeachment. now the michael cohen hearing, an unveiling of an impeachment push. but the hill magazine says that

nancy pelosi will not push for impeachment. why do you say she wants to run on her agenda. >> with ideas and issue, this served them well in 2018 they turned to healthcare rather than focusing on im52. impeaching president trump. how it could backfire it could energize voters in support of president trump, especially when the mueller report cam comes out and there is nothing there. it would be hard to secure republican votes for impeachment, and voters say, you are wasting our time and resources. liz: the apparatus, the house could push forward and senate reject it. what is the e end game on this push. >> to raise their national profiles, these are women who have -- i am sure they have run

successfully with their constituents. liz: i don't think they general -- genuinely want to impeach the president. >> they would like to see him removed, but by mentioning him, they are getting headlines. it helps their case. but, you know will it end upturning into something, that will depend on what mueller comes out with. and if there is nothing there. then, you know they are will squeaky wheels. liz: house democrat leadership not really weighing in right n now. >> i think that public not there. you look at 50% of americans they don't think he should be impeached. liz: patrice with independent women forum thank you for joining us. >> thank you. liz: thank you so much for watching, thank you for having us in your home, lou dobbs is

next, right here on the fox business network, have a good evening. lou: good evening, president trump making history in vietnam, meeting with north korea leader kim jong-un in hanoi today, ahead of the second summit tomorrow with president kim of north korea. president's present in vietnam is historic. mr. trump studied positive demeanor in clear regard, even liking for kim seems to auger well significant progress. >> we'll have a busy day tomorrow. we'll probably have a quick dinner. a lot of things be solved i