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tv   The Evening Edit  FOX Business  May 9, 2019 6:00pm-7:00pm EDT

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>> they want to know everything about you, follow you around so they can sell you a ton of stuff going forward. but please tell us before,. >> we just told everybody out there what is going on, that does it for "bulls & bears", thank you for watching. see you next time. >> the u.s. and china trade teams once again meeting, the uss china is retreating from ideal and tears are coming while china is roote promising to ret. they are launching more missiles in the u.s. is stepping up against iran and the president has just announced who he who officially wants to lead the pentagon. bernie sanders and alexandra ocasio-cortez say they want to capture credit card interest. why the banking industry says that is about 80. and nancy pelosi says, we are in the beginning of a constitutional crisis. while president trump reacts to
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one republican committee who wants to question one of his own kids. hello good evening, i am blake and for elizabeth. "the evening edit" starts right now. ♪ >> it'll likely be one of the most interesting dinner part if not the interesting in d.c. as a trading from the u.s. and china are again meeting. decided changes to the trade talk have shocked the markets all week long and what comes up tonight could potentially reverberate on wall street tomorrow. here is the latest on the negotiations of the u.s. trade representative and gerri willis is at the new york stock exchange with the details on today's trade selloff. we begin with edward in washington. >> sources are telling us that in 30 minutes the delegation to
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go to dinner together. they will talk about the trade talks and watching the dynamic of them walking and was a key point to see how things will progress. here is a video of them walking in. secretary steven mnuchin and u.s. trade representative robert lighthizer came up to greet the chinese delegation. as you set on, the agreements have already been made at this point, the president also had the on his mind. listen,. >> they're coming here today, we are getting very close to a deal and then they started to renegotiate the deal, we cannot have that. we cannot have that. >> president trump still say tears will go up from 10% to 25% on $200 billion from the chinese good starting in the past six hours from now. the president also saying he will start the paperwork process today in order to prepare us on about everything else to the imports into the united states. at a rate of 25% on the stairs.
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with $200 billion, that will raise cost, that's about everything that you by coming from china related to 6000 items, from strawberries, parking meters, inflatable rafts, the chinese say they will retaliate, but hard to understand how they will retaliate. the early put about everything that the u.s. imports into china under tariff, that's $110 billion worth of items, the chinese saying they could put on nontariff barriers. we have to remain to see what happens on friday. back to you blake. david: the start of a discussion, edward thank you. the credit rating agencies. they are wary of increased tariffs and trade goods. a wrong with the prospect of retaliation from china saying, it could have a long-term effect and weaken business and consumer confidence. separately, buffer china with the tax beginning today, the federal communications commission saying, they're not
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part of the tree discussion, they are saying china mobile bid to provide communication services in the u.s. the fcc saying china government could use the build out to create espionage against u.s. government. wall street is continuing to digest a flurry of trade headlines today like to have all week long. gerri willis has the latest from the new york stock exchange. reporter: the dow down 138 points, the sm s&p down a little bit, what a few hours can make. the dow is 450 points. the president came down with, saint trade could be solved, we might get a deal, all eyes on the big 12:01 a.m. deadline. it could be hired tariffs on $200 billion of chinese goods. a real doubling to 25% on these
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goods. so everyone is watching that, could it be solved, we don't know, it will impact training tomorrow. in the meantime, we have news corporately, these are the earnings for the wall street journal, new york post and times of london, actual report of 4 cents a share against an estimate of zero five. in revenue coming in at 2.466 billion versus 2.61. improvement on the bottom line, revenue is a bit of a mess here. wall street journal reported digital subscribers of 90% still revenues down. david: going to be a big one tomorrow, jerry, thank you again. uber is set to go public and we are getting a better idea of where my begin trading. susan lee is here with the details. >> overpricing, it shares at $45 apiece such as 1 dollar above the bottom end of his price range. they are looking between $44 to
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$50, they're going to raise just a little bit over a billion dollars and valuing the company at $82 billion, much less than the loftier levels, $120 billion at the end of last year. you can blame the selloff that we see in the markets, and also list disappointment for reduced expectation and the over iphone, friday, a lot of people will be rich at least on paper when they look at their stake. that includes the former ceo of the company take down a 2017, he is still the largest individual shareholder to over 6%. that is close to a $5 billion state. in the other cofounder will be close to $2 billion, he will be making a lot as well. as for the stock fund, the largest one is softbank, they will be selling shares in this ipo, benchmark is the second biggest. the new york stock exchange is ringing the bell as long as early employees of uber as well.
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like back to you. david: susan lee and york. president trump also revealing who he wants to lead the pentagon. that the defense secretary for the past four months, the white house says the president will nominate patrick shanahan to elevate his title. shanahan a longtime executive at boeing will have to be confirmed by the senate. the announcement comes on a busy day for the pentagon as north korea is testing firing missiles. >> we are looking at it very hearsay. there were smaller missiles, short-range missiles, nobody is happy about it, but we are taking a good look and we will see. the relationship continues but we will see what happens, they want to negotiate but i don't think they're ready to negotiate. david: the u.s. is seemingly upped its response to the red regime seizing one of its ships. fox news is thomason is light at
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the pentagon with the very latest. >> in the first public comments since president trump nominated him to be his permanent defense secretary, patrick shanahan declines any details about north korea ballistic much earlier this morning. >> we will sit to our diplomacy, as you all know, we have not changed our operations or posture, we continue to generate the readiness we need to. reporter: the pentagon is confirming north korea fired two short-range ballistic missiles from a range 50 miles from the city. they travel 260 and 170 miles respectively. we have seen ten minutes of the missile launch is 20, the u.s. air force watch one of its own firing off an unarmed long-range missile 4200 miles from a base in california into the pacific. the missile successfully reentered the earth's atmosphere from space splashing down near the marshall islands. therefore says it was
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longplaying. the uss rhode island a ballistic missile summary has fired a long ring missile off of florida flying 7000 miles into the atlantic. the north korean missile test comes five days after previous test. there were no missile test last year. missile experts say the new north korean mitchell is based on a russian design. and paraded around punk under pyongyang plaster. kim jong-un met vladimir putin in russia lester. the justice department announced it seized a north korean cold ship, cargo ship for the first time in violation of sanctions. david: thank you. coming up tonight on "the evening edit", bernie sanders, alexander ocasio-cortez, and your interest payments. what their new idea is and what the banks have to think about that. plus we continue to watch any potential element coming out of
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trade talks in washington, the u.s. and chinese teams our meeting. if anything breaks you will hear it first. stay with us. all money managers might seem the same, but some give their clients cookie cutter portfolios. fisher investments tailors portfolios to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. the matters.ar... introducing the all-new 2019 ford ranger, it's the right gear. with a terrain management system for... this. a bash plate for... that. an electronic locking rear differential for... yeah... this. heading to the supermarket? get any truck.
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david: welcome.under back we continue to keep her eyes on the tree team.
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we do expect they will be breaking for dinner at some point here soon. the chinese team has been here on the ground in the u.s. the last handful of hours, we will keep our eyes on the white house. of course, the united states has been working in china to try to get north korea in nort if thess go sideways, right to have an effect on north korea. and what the ministration is trying to compose. don bremer is joining me a former naval intelligence officer. thank you for joining us. the china trade talks have been going backwards and seems as if what is going on with the u.s. and north korea is going backwards. if the china trade talks are going the wrong direction. will that have an impact on north korea #. >> i think it will have a huge impact. it's all the sanctions that north korea has in place, they were very heavily on the chinese economy, they are not going to
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be able to focus on supporting north korea and that will turn the whole thing upside down so to speak. david: do you think the trading or ministration wonders if this doesn't work you think something will happen with north korea? or are these separate things in the perspective of demonstration >> there very closely related and very different. i am sure someone at the white house is thinking what if scenario. let's get to the events that unfolded today because you have these two missile launches from north korea, it follows the projectile launch from a handful or so of days ago. what is going on here. >> kim thanks this might be his way to force or intimidate the president into moving forward in the next talks. probably he does not know resident term very well because he is not the type to be intimidated. ironically, the u.s. had much
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bigger, much larger than even schedule for infant, when you get size versus size those two small missiles that have a range of 270 kilometers versus 7000 miles, that's a big difference. david: in this case you think it is questioning. >> you cannot launch a very calculated missile test within minutes. the fact that we had the test ten minutes after is not even possible. david: to be clear ten minutes after the north korea missile test this morning, and a 7000-mile missile that the u.s. sent across the atlantic. as far as north korea, where you see this moving, and president trump, he has been talking about no missile launches and getting the remains of those who died in north korea fact, now there's missile launches in the remains process has stopped. it is taken away a big talking point for the president has it not questioning. >> it is. they are, what the deal was, there would be no long range
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missile testing. both short-range. north korea never once said they would disarm themselves, it was all about nuclear weapons, kim has portrayed himself as a leader, he has to gain faith and keep faith on his own people. this way is his way of saying he is still in charge, he still has some bargaining power. david: the end of this is denuclearization, that is what everyone wants. is that possible ? >> that seems so far off at this point. >> i've said all along, it will be a long process, you can look at comparisons between the u.s. and china in the 70s, in the u.s. and russia in the 80s. both of those took many, many years in less than a decade. eighteen to 24 months, we are about where we should be. there's going to be a lot of back-and-forth, air one has to w their cards, both sides want to walk away and go back to the home countries and say they got the best deal. david: you se decrease he will e
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missile launches ? >> we will. i think it will continue. david: don bremer, a former naval intelligence officer joining us in washington. we will see what happens north korea over the upcoming weeks and months and whether or not these tests launches stop. thank you. meantime, learning is now in las vegas, the former white house communication director, how is it going. >> i'm doing well. we got you in vegas on tv. i am thankful and shocked that you made it. thank you for coming. we appreciate it. >> i'm super excited. you are one of the few reporters that visited me in my small west wing office. david: i thought that was off the record meeting but now it's on the record. [laughter] >> i didn't say what we talked about. david: there you go. let's talk about the issues.
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the two big ones of the date, china and north korea, the trade teams our meeting right now in washington, this is seemingly gone backwards, in a big way in the last handful days, what do you make of it? >> you just go with with the president is in, there was a retreating and so we will have to see if they can get it reset to where was or where the negotiations are going, but i don't like the market activity, one of the things i want to caution people about is if you go down 40% in 16 weeks at the end of 2018 up 70% in 16 weeks in 2019 and now you're seeing sloppiness in the market, there's not a lot of liquidity. i just want to caution investors, make sure you look at your overall portfolio allocation and whatever you have in stocks take a heavy breath and say can hold the stuff for 35 years, we could be ending up
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in it. the heavy volatility in the next three months until the thing gets resolved one way or another. >> you don't think this will shake out one way or another, yes or no by the next three or five months? >> i've been in business 30 years, unless there a lot closer than what's being reported by you guys and other outlets, i think it's going to be hard to put hum humpty dumpty back toge. and if they're announcing last week at the conference that the deal is eminent the president saying there retreating, unless they say, let's hit the reset and go back a week to pretend the lawsuit did not happen, i don't see how you put that thing together so quickly. i think the market is saying that as well. again, look at market activity, the market has pretty good information in the make voting machine and the vote term and if it's voting away from the deal getting away quickly.
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>> i hope i'm wrong about that because the economy strong and i'd like to see the market and economy continue to pace and aggression it's going in. david: there saying that china believes that raising tariffs is not a solution to the problem aside to sites we believe are about to head to dinner at some point. we have heard president trump say in the past, i bring this up because you're talking about the market, he thanks he is playing with house money. essentially right now. is that a good way to look at this, as you say, a lot of folks might want to be cautious about what's going on in the market, but the president feels that maybe he at least has a few things on his side to play with. >> the president has an amazing job of policy, we are having an economic awareness because of his policy decisions. it's far for me too criticize
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them, i'm not certainly trying to do that, but i am suggesting if we really study tears, i have a cousin and auto glass business, he was showing me a bill over the past weekend, $10000, he said can you please tell the president i am paying a bill, the chinese are not paying a bill and is very hard for me to pass it on to my customers because i'm in a commodity competitive business. when you find out about tariffs, they have a tendency to hurt small businesses and these are the heartland people the president likes and what the president has voted for him in the past. i get his theory but it doesn't work out in the practicality. i would like to see no tariffs frankly and would like to see a more symmetrical deal for the united states but the one thing the president is right, for there for decades of laxity in our practice bar public service, both democratic and republican service where they have allowed these deals to go away more
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asymmetrical than they should be given for the world economy is right now in the need for the united states to help american with working-class family. david: joining us from las vegas tonight in all seriousness, thank you for coming on, we appreciate it. >> great to be your bike. >> coming up, tensions between iran and the u.s. continue to grow. while the pentagon releases new pictures of an airstrike carrier on the move. more development from overseas, plus his paper for college worth it? why one that president says, maybe not. i switched to liberty mutual,
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and, you're probably right. electric just doesn't have enough range. it will never survive the winter. charging stations? good luck finding one of those. so, maybe an electric car isn't for you after all. or, is it? ♪ openturning 50 opens theuard. door to a lot of new things... like now your doctor may be talking to you about screening for colon cancer. luckily there's me, cologuard. the noninvasive test you use at home. it all starts when your doctor orders me. then it's as easy as get, go, gone. david: it might be the most interesting to savanna avenue in
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washington, outside the office. >> the vice president just left, just walked out of the building moments ago, he didn't look at us and smile and wave, possibly a good sign, what went on inside, we don't know yet, no indication, and other true delegations are scheduled to go to dinner with one another in the motorcade getting ready to leave to go get they're going to go for dinner. we understand the dinner is good to happen in about five or six minutes, there are protesters across the street. chinese gestures yelling and meandered at the vice grip and said he came out moments ago he smiled and waved, not something he usually does. that may be a good time, if we can read into. you never know. david: look, how much longer are
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we expecting talks to go tonight? >> who knows, there is only one round of talks going on today. it looks like this is it, the talks started at 5:00 o'clock, it is now 630, the delegation is getting ready to take off, move out and continue the talks over dinner, again, this is one long series of talks today, and understand there has been no schedule talks set up for tomorrow, that is because they want to see how this ends up today so they are waiting to see what happens, if any indication, with a smile and wave, it is never know when edward and watched it tonight, thank you. meantime, the u.s. continue to rip pressure on iran is a gun releases more images of an airstrike carrier on the move. rich edson is in washington with the latest >> mike pompeo was supposed to be in greenedland today. instead he he's in washington. he cut his trip short to address iran. the united states announced it's
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sending the uss abraham lincoln to the region because of an unspecified threat from iran. it's passed through the ka until on the way to the persian gulf. president trump is says he's willing to talk to iran. >> they should be calling me up, sitting down, making a fair deal. when we would help put them back into great shape. they're in bad shape right now. i look forward to when we can actually help iran. we're not looking to hurt iran. i want them to be strong and great and have a great economy. >> the iranian president warned that his country could restart portions of the nuclear program in less than 60 days in the european governments fail to el. i ran circumvent. >> that was rich edison tonight. so is this a diplomatic staredown between the u.s. and iran or potentially the start of something more serious.
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joining me now, sudi jassar. this seems to have picked up quick in a few days time. >> i think that iranians want you to think that it's picked up. but this is them crying uncle because of the sanctions. their economy has suffered significantly. they used to be getting 1.2 billion from europe. and now they're getting only 82 million. so they're beginning to be squeezed. it's not the iranian people being squeezed. they've been squeezed for the last 40 years. women are taking off that hijabs in the street and increase to the tens of thousands of video clips showing them protesting. this is not about the people. as president trump said, he wants the people to be strong. but what we're seeing is the government itself is less able to do action in syria and hezbollah. they're running out of funds to
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do that. they say they're falling apart. giving us 60-day ultimatums. they don't have any room to do that. they've threatened our troops in syria and else what, iraq. so secretary pompeo and the department of defense deployed the uss lincoln to tell them this isn't obama where you can take 14 of our troops on to your ship and we say please let them go. we're saying this is a deterrent, nothing is going to happen. >> the tengses have picked up in the last year or so since the president pulled out of the iran nuclear deal. the chief ark tech of that deal, the former secretary of state john kerry. and earlier today the president accused the former secretary of state of violating federal law and said that kerry should be prosecuted. watch here. >> i look forward to when we can help iran. we're not looking to hurt iran. i want them to be strong and great, have a great economy.
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but they're listening to john jn kerry who has violated a very important element of what he's supposed to be doing. he violated the logan act, plain and simple. shouldn't be doing that. but they should call, and if they do, we're open to talk to them. we have no secrets. and they can be very, very strong financially. they have great potential. very much like north korea. >> spokesperson frp john kerry released the following statement saying, quote, everything president trump said is simply wrong. end of story. wrong about the facts, wrong about the law and sadly he's wrong about how to use diplomacy to keep america safe. secretary kerry helped negotiate a nuclear agreement that worked to solve an intractable problem. the world supported it then and still supports it. we hope the president would focus on solving foreign policy problems for america instead of attacking his pre predecessors. that's the response from the kerry camp. did the president go too far?
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>> not at all. he was appropriate to call out secretary kerry as many have. he met behind the scenes with the iranian foreign minister and others which he's not supposed to be doing and then he claims it was simply a form, you know, sort of a formal type of -- nonformal type of get together and these are things that are not supposed to happen. previous administrations should not be influencing the voters' additions where president trump is our commander in chief and guiding foreign policy. it's inappropriate, violates the logan act. and the french were talking about in january about forming a bartering way to bypass sanctions and what empowers our ally to do that, previous secretaries of states and others who say wait him out. the phrase from secretary kerry, let's wait out president trump is absurd. that is something to consider to be prosecuted. sort of saying he's not our
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president for long. that's absurd. i as an american and someone who is interested in what happens with our security and stability in the region, i'm offended by. >> no one has been indicted under the logan act since 1922. we we're tracking several stories for you tonight. delta air lines is getting closer to potentially offering free wi-fi on domestic flights. maybe later this month. the company giving that benefit a two-week test line. that fee costs $16 a day for north american trips. jetblue is the only american carrier who has free wi-fi for all passengers. twitter announcing it's suspended more than 166,000 accounts because of terrorism content. that happened in the second half of last year. it's a 19% decrease from the number it suspended in the previous six month.
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the feds are -- on charges of illegally obtaining and disclosing national defense information to a journalist. 31-year-old daniel everett hale provided the departments. facebook firing back telling fox business in a statement, quote, you don't enforce accountability by calling for the breakup of a successful american company. that after one of the cofounders, chris hewes hughes,d the company should be broken up and called mark zuckerberg's power. that happened in an op-ed published in the "the new york times." coming up tonight, the senate intelligence committee wants to speak again with donald trump jr. how president trump responded. plus, what bernie sanders and alexandria ocasio-cortez alexandriareproposing to cap ane banks are responding.
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. now to your money tonight. bernie sanders and alexandria ocasio-cortez are teaming up. they want to cap what credit cards with charge for interest rates. they are proposing a top end rate of 15%. >> 15% cap on interest rates, it's one of those things that sounds radical today but we have these laws in half of the states in america until the 1970s. it's really these banks that are trying to push the limit on how much they can extract off of the backs of working people that constantly are gambling with our economy. and it's about time we bail them out and get something back. >> in a statement the american bankers association say that's a bad idea contending it would limit access to the credit market saying the specific proposal will harm consumers by restricting access to credit to
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whose to need it the most and driving them forward less regulated more costly options. they also call for the u.s. postal service to get into the banking business. the president on the chicago fed calling into question whether it's worth it for some to pay for college. in a speech earlier today charles evanss said there's four risks of choosing the wrong school, taking on loans, choosing a low-paying field and not graduating college at all. saying at one point, quote, i'm concerned that the forerisks may compound more and lead to greater downside risks for certain students. evans say that applies to those students he describes as nontraditional. joining me now, "the wall street journal" editorial board member. mary. thank for joining us tonight. >> looking for comment on the fed president? >> let's start with the fed.
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>> okay. we'll start with the fed. you know, the thing is that he's right in many ways. i agree with him. college education used to be a credential. you got your college education and that opened doors for you. employers now more and more are looking for actual knowledge. so if you get out of college having spent a lot of money and debt but you have a major that doesn't present knowledge and it's just a credential, it's not going to do that much for you. >> what you would say to the argument to those who say for many, college is the path to success. and when they hear someone in an economic field say you might not need it because there's a lot of risk, it could send a very bad message to some. >> again, i think it's this point about a credential. college has always been this credential. in other words i went to college, i got this degree and therefore i'm a reliable employee.
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bu.but i think employers are looking for actual knowledge. you have certain majors that are just not going to give you the income and leave you with a lot of debt. >> a lot of trade news to night. ten seconds. your reaction to brand breanders and alexandria ocasio-cortez. >> anybody in a position in washington to think that price controls on credit is a good idea. >> thank you for joining us tonight. thank you for sticking with us. appreciatappreciate it. the attorney general is probinprobingprobing the christe dossier. and plus, president trump's latest take, have you heard it, on the 2020 democratic contenders. all money managers might seem the same,
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but some give their clients cookie cutter portfolios. fisher investments tailors portfolios to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. thanksno problem.. -you're welcome. this is the durabed of the all new chevy silverado. it looks real sturdy. -the bed is huge. it has available led cargo area lighting. lights up the entire bed. it even offers a built in 120 volt outlet. wow. plug that in for me. whoa! -holy smokes! -oh wow! and the all new silverado has more trim levels than any other pickup. whoa! oh wow! -very cool. there's something for all of us. absolutely. it's time to upgrade. (laughter)
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i ever spent in my life. life line screening. the power of prevention. call now to learn more. major developments tonight on a justice department inspector general probe into the now infamous steele dossier. catherine herridge is in washington with the latest. what is the latest with this
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report. >> we've been able to confirm that the inspector general is doing a deep dive on the dossier funded by the dnc and the clinton campaign. and the reason it matters is because it was a foundational piece of the original surveillance warrant for an application for a trump campaign aide in october of 2016 and then it remained in the application for three renewals. and the argument of critics is that the national security court is what they called to a one party court, it's incumbent on the government to give them all of the information and they never made it clear wit as politically funded document designed to discredit then-candidate donald trump. >> there's another investigation into leaks, similar but different. >> right. that grew out of the clinton e-mail investigation and the timing on the ig on fisa ie buice. abuse. the leaks look specifically at
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leaks from fbi executives to multiple media organizations. and i'm not saying i have anything against leaks, i've had a few in my time. but the issue is the fbi was using these as strategic leak to create a narrative in the media consistent with their investigation. >> while we have you briefly, we heard from president trump today about the senate intelligence committee which wants to now call back donald trump jr. of course the president's son. >> that's right. so the senate intelligence committee had michael cohen before them in february where he tried to clear the record on two issues, the trump tower meeting in june of 2016 and and also this moscow real estate project. that committee has not found any evidence of a conspiracy or coordination with the russians. but i think there is some jep jeopardy for the president's son because after michael cohen testified they said some witnesses needed to come back because of discrepancies or
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inconsistencies in the testimony. that's a word for the wise, if you will, if he does go back. >> we heard from president trump talking about this and he is none too happy that his son might have to be wrapped up in this again. thank you for joining us. i want to bring in darrell issa. he once led the house oversight committee. washington is pretty busy with all of these investigations and talks about constitutional crisis. what do you make of it, sir? >> well, i think the best way to put it in perspective is when eric holder was held in contempt, he took 204 day of any investigation to work with the administration, to attempt to get information, and more than a month of the attorney general refusing to give information that he admitted existed before he was held in contempt. in the current case with the judiciary committee and jerry nadler, he did it in 18 days and h was on vacation for more than
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half of that time. so i think what you're seeing is not investigations that are thoughtful and that work until they get to an impasse but rather as fast as they could getting to contempt. and that's sad because the attorney general and mueller are clearly willing to give more. >> i mentioned the constitutional crisis. that is what we heard from nancy pelosi earlier today describing what he believes the trump administration is engaged in now. listen here. >> do you agree with chairman nadler that the country is currently in a constitutional crisis? >> yes, i do agree with chairman nadler, because the administration has decided that they are not going to honor their oaths of office. >> you know we have republicans saying all of this is unnecessary, a lot of it. democrats are talking about the constitutional crisis. for the most part the american people thinks that congress
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doesn't get anything done to begin with. how might anything get done going forward. >> first of all, congress has to get back to doing legislation, in addition to oversight. and second of all, it's only a crisis if you can't work it out either directly or through the courts. they haven't gone to the courts. in the case of foia discovery, people who wanted freedom of information have been getting vast amounts. i would say there's no crisis. what there is a group that's so inpatient that they're demanding in 18 days to hold someone in contempt if they don't get everything they want even if it's not legal to give it to them. >> i wonder if this is a story about congress or a full-on legal story. because from here on out it seems that the lawyers are going to be very busy. is there anything congress can do at this point? they're just turning everything over to the attorneys. >> well, the fact is, the courts are going to have to decide whether or not secret grand jury information in the regular course of congressional information should be made pub
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ling. public. they also should find out if congress should be looking at things what they call in camera, without disclosing them before they demand to see them and make them public. i think those are good court decisions. i have history of going to the courts and winning. to be honest, former chairman conyers, one of nadler's predecessors won in court under george w. bush. it's not a crisis as long as we have a process to a reasonable solution and the courts react quickly. if anything, what the democrats should be doing is saying we want to get to the court, we want an expedited basis. thank you. >> darrell issa joining us tonight in las vegas. thank you, sir, for coming in. appreciate it. still to come, the president is on the attack. it is the campaign season i guess officially. mocking his 2020 democratic opponents at a rally last night. did you hear some of it? we'll have some of it next.
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. then you have bernie. you got some real beauties. crazy bernie. you have a choice between sleepy joe and crazy bernie. and i'll take any of them. just pick somebody please and let's start this thing. and beto. boy has he fallen like a rock.
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what the hell happened to beto. >> just a sampling from president trump last night mocking his 2 2020 democratic candidates including joe biden, senator brarnd an bernie sandero o'rourke. joining me tonight from the white house. not bad digs, chris. >> good eve disblng looks like the president is in full campaign form, is he not? >> he's with his people. he's having a blast. he has a lot of energy. he really loves campaigning. i remember when he first ran for president people assumed that he wasn't going to be a natural. didn't seem like a retail politician. but as soon as he hit iowa and new hampshire it became clear, this is where he's a natural. >> you've heard the president talk before about joe biden, bernie sanders, beto o'rourke,
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elizabeth warren, three, four were five at the top of the ticket at least perceived at this point. there was a new one last night. i believe the first time we've ever heard this. listen. >> young man buttigieg, edge edge. i want to be in that room and i want to watch that one. >> the president talking about pete buttigieg, the mayor of south bend, indiana. >> thaibl's the first time we've heard that. and if i'm mayor pete, as many call him, i'm sitting back thinking, you know what in the president is talking about me. that's a good sign. >> that's a good sign for him and a bad sign for me. because when he reaches 10% nationally, i owe one of any editors a steak dinner. that was our bet. buttigieg is rising. answered president trump's early question what happened to beto.
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that's what happened to beto. someone so similar and he's skyrocketing the polls. he's a media creation, the "the new york times," the "washington post" push thd guy as a wonder kid and pretended to be surprised as he was rising. the democratic base seems t to like him. >> who do you think the president wants? >> i'm not sure yet but i think he's gearing up for a run against biden. >> why do you think that, because of all of the tweets that we've seen? >> all of the tweets. he's the vice president. he's got name recognition, a big hitter. and that right now is who is ahead by dozens of points. >> chris bedford joining us on the lawn of the white house. my normal digs. thanks for standing in. we continue to keep our eyes on the white house and the developments going on as the u.s. and china trade teams are sitting down having their first discussions, at least of the latest rounds. the tariffs go into place, as you know, at 12:01 tonight.
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the president says china is retreating. china says we can respond in kind. fox business is watching and "lou dobbs" is next. ♪ lou: good evening, everybody. the radical dimsz dimms are thy of hate spewing mostly nastiness and nonsense almost every day. some of their leaders have warned about the prospect of a constitutional crisis almost as though that any crisis that is present wasn't of their own doing. tonight we focus on the crisis created by these radical dimms, their disregard for truth and decency, mora morality, ethics. we know now that the democratic party colluded with the special counsel to withhold the no collusion conclusion

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