tv The Evening Edit FOX Business October 11, 2019 6:00pm-7:00pm EDT
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all sorts of other things i prefer a beer. david: heather, do you like a beer? >> i'm not a beer drinker. maybe you try the non-alcoholic. two seconds which is better. >> i go with -- david: see you next time. >> the dow closing up 319 points after president trump declared just a few hours ago that america has reached a phase one of a trade deal with china we are very close to ending this trade war. we'll break down that exactly what that means for american businesses economy and the stock market. plus a federal judge ruling that president trump violated federal law when he used his declaration of a national emergency to get millions of dollars to fund the border wall. also turkey, threatening to retaliate after treasury secretary steve mnuchin mnuchin announced the administration is authorizing sanctions against turkey, amid its incursion into
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syria. but it is not activating them at this point. he also said the united states can shut down the turkish economy if we need to. i'm jackie deangelis in for elizabeth mccdonald. the"the evening edit" stars rigt now. jackie: president trump says he has a substantial deal with china. we have blake burman and gerri willis on the floor of the new york stock exchange where stocks surged today. let's kick it off with blake. reporter: after roughly two years of negotiations and one broken down framework already earlier this year, president trump saying from the oval office this afternoon, along china's vice premier and his team that the u.s. and china came to a trade deal. walking through an outline of a deal, the president says it will
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an ab by of 40 to $50 billion, open up services sector of china and i.p. theft and currency manipulation. however there is a way to go. the president says it is divided up into phases. phase one could take roughly a month to write. >> we've come up with a very substantial phase one deal, pretty much subject to getting it written. it will take probably three weeks, four weeks or five weeks. as you know, we're going to be in chile together at the big summit and maybe it will be then. reporter: there are still several outstand issues. tariff increase won't go into effect on tuesday, september's tariff increase is still to be determined. the issue involving huawei is not a part of the deal. i asked the if there is any assurances the whole thing won't fall apart. >> anything can happen.
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that can happen. i don't think it will. i think we know each other very well. we've been negotiating this a long time. there is a possibility maybe there is something that they're unable to get papered. i think likelihood of it falling apart is not so good. reporter: president is talking up this idea of a large trade deal. this has phases potentially as many as three faces. the president is asked why he is okay with the strategy going forward. he said doing a trade deal with china, is simply just so large. back to you in new york. jackie: blake burman, thank you for that. now to the markets gerri willis at nyse with the action. busy day. reporter: jackie, whether it was a trade deal or trade war pause, investors celebrated bidding up all three stock indexes. the dow ended up 319 point. the s&p 500 up 32, the nasdaq up 106.
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classic trade stocks leading the way like caterpillar, dow, apple. sectors higher were trade sectors, materials, industrials, and info tech. dow, s&p 500 on pace for the first up week in four. the nasdaq notching its second up week in a row. apple, center of attention today. dan ives calling it the poster poster-child of the trade war. he said the conversations, negotiations lift a a black cloud from the stock. it traded higher above the trillion dollar market cap level. jackie, back to you. jackie: gerri willis, thank you so much. joining me else wells fargo mark vitner and trent cio donald luskin. is the deal what president trump envisioned what we got today and how markets handle this. mark we'll start with you. market was up five hundred point. backed off the close. still a strong day for the dow.
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seems like the market is wondering what happens next it is not very clear on the timing. >> no, it's not. the reaction we got a lot of good news, from the market perspective we'll see what is in the details. we have a long weekend. it made sense that the market pulled back. but from everything i heard, i think this is a pretty good deal. i think this is a major step forward. i think a lot of people are breathing a sigh of relief we're making progress with the trade negotiations. jackie: donald, i agree with that. the market was looking for something. wanted a partial deal, wanted something before we went into the october 15th of raise of tariffs and december 15th tariffs are on the table. this document, this agreement, still needs to be drafted. last time there was an agreement in principle. when it went to be put on paper to being memorialized the chinese backed out. what do you think is different this time? >> nothing. except the thing you have to appreciate about this is trump absolutely took these people to
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the cleaners and he is flattering them by even calling it a deal. so what we know we've got here is they're going to start buying our agricultural products again. they were boycotting our agricultural products as punishment for tariffs we put in place in 2018. we threatened to raise the tariffs by a mere 5% to 25% to 30%. we're saying we're not going do do that and they are taking back the agricultural boycott they put in place in retaliation for tariffs that we are leaving in place! so do you see what's happened here? they have taken away the retaliation. we have done nothing but remove a threat that we hadn't even carried out yet. so this doesn't even deserve the word deal. this deserves the word steal. it is fantastic. this will not solve the global trade war but it's a really cool deal. jackie: what he is suggesting this was actually genius while
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president trump was sitting back they were very tough negotiators, very smart, maybe he is the fox here? >> i do think the chinese are tough negotiators and i don't think this was a steal. there is still an awful lot of work to be done here. when you think about the negotiations, what we were asking the chinese to do, basically what they promised to do when the chinese went to bat for them to admit them to the world trade organization. if we get them to follow through with that, that is a great accomplishment. i do think they have been pretty tough with these negotiations. there is still a lot of work to do. i think real message here is that this is a big step forward. and i don't think that a trade deal will be successful if the chinese can't come away with this feeling pretty good on their end. jackie: what do you think happens, donald, if we have a scenario where potentially this all falls apart? as i said they can't come to
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agreements in terms of what they want to sign on the dotted line for? what does the market do in that scenario. they continue to climb on the notion this issue will be resolved? >> the whole dynamic of this so-called trade negotiation is, we've been putting various forms of pressure on china. we put tariffs on them. we caused currency to collapse. we named them a currency that manipulator. huawei for security reasons and cluster of technology companies because of human rights violations with the uyghurs. we're forcing their economy towards possibly the first-ever recession they ever had. china of 40 years never had recession finally have one, they have no practice at this. it will be terrible. it could bring the whole world down. it is a threat of that at that causing them to willing to negotiate at. whatever we're asking them to do is the something they don't want to do. this latest thing today, that
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doesn't take any pressure off. we have to keep the pressure on or they will never do anything about subsidies, never do anything about currency and never do anything about intellectual property. oh, boy, they will buy soybeans. that is not a trade deal. if this thing falls apart because china falls apart. that means the market falls apart. don't kid yourself we're out of the woods yet. jackie: mark, final word to you, do you agree keep the pressure on? >> i think the pressure will stay on. it is not just trade issues here. you have a lot of manufacturers very concerned about putting their intellectual property at risk, if they have intellectual property at risk they're not producing that in china. moving that to other countries or bringing that home to the united states. that will not go away with the trade deal. they have got to see those protections. there is a lot of pressure that will remain on china. jackie: great to see you tonight. thank you for your time. >> thank you. jackie: a special programing note. nyu sterns school of business professor, scott galloway will
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be featured on tonight's "barron's roundtable." here is a nokia speak. >> those that need to be punished, let's look how we maintain the proud legacy of antitrust to keep the markets thriving. i think these companies separated would be worth more. as you mention, good for economy, good for competition, good for taxation. good for shareholders. jackie: catch the entire interview at 10:00 p.m. eastern time here on fox business. coming up raging wildfires in california turning deadly. dozens of homes have been burned. thousands of resident are forced to flee to safety. first mystery surrounding an attack of a iranian oil tanker off the coast of saudi arabia. it is not clear who is responsible or what exactly happened but the incident is raising an already tense situation in the gulf region. ♪.
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switch and save up to $400 a year on your wireless bill. plus, get $250 back when you buy an eligible phone. that's simple. easy. awesome. call, click, or visit a store today. ♪. jackie: in spite of california utility pg&e cutting power to hundreds of thousands of customers wildfires have sparked, leaving at least one dead and 19 injured. robert gray is in los angeles with those details.
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robert? reporter: as firefighters battle blazes that have broken out here is sure to have economic impact. thousands of people were evacuated and they may be subject to blackouts southern california as well. a. more than a million people have been in the dark, some for several days in northern california, the main utility there pg&e cut the switch to protect them. they wanted avoid greater liability when they filed for bankruptcy, being liable for $30 billion in damages from prior fires. that has drawn criticism from many quarters, the governor calling them greedy and calling them out for not taking better care of the grid and power lines, doing better maintenance. i heard from small businesses that have been affected included a craft brewery in wine country in sonoma, california. they tell me they may lose
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12 1/2 thousand gallons of beer due to the power outages. we're bracing how that is affected here in southern we heard estimates range north of robert. meantime we're tracking several other stories for you at this hour. facebook's plan to launch a global cryptocurrency may be in jeopardy. big name backers, ebay, mastercard, visa, and stripe backed out of the libra project. last week paypal jumped ship. the project is leaving no one with a major u.s. payment processor. federal regulators have yet to give libra their stamp of approval. mark zuckerberg is expected to testify before the house financial services committee on the plan later this month. the head of the libra project cautioned against reading too much into the fate of the proposed global kip toe currency. ohio a bridge collapsed without warning on a highway below, where three people were
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killed. it happened in the eastern part of the country. officials don't know what caused the collapse. google is growing. the company reportedly filed a plan to build a second headquarters on 80 acres in san jose, california. they will have 25 million square feet of office space for employees and a hotel and mass transit center. google's primary headquarters is 500 miles north in mountain view. jane fonda was arrested on the steps of the u.s. capitol for protesting climate change. she faces charges for unlawfully demonstrating. she is one of 16 protesters demonstrated. fonda intended to demonstrate against climate change, every friday for the next 14 weeks in washington, d.c. denver, colorado, getting slammed by record cold weather and even snow. win chills reached close to zero there today. the first snow of the season
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left four inches on the ground. some ski resorts planning to take advantage starting the ski season early. for simone biles, is flying high after winning her fifth all around competition at the world championships in germany. this is her 22nd medal at the world championships. biles is one away from the all-time record. to the latest developments on the colleges admissions scandal. another parent has been sentenced. molly line in boston is there with more. reporter: latest parent to be sentenced for admitted role in the college admissions scandal was given one year probation and 250 hours community service. peter saturio, founder of a small food company in california first parent sentenced embroiled in the scandal not to receive a time
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behind bars. he paid $15,000 through the mastermind of the admissions scheme to have his daughter's act exam corrected. he paid in cash to avoid bank reporting requirements. prior to rendering her decision the judge noted that sartorial did not pay through the rick sanger's known if i charitable foundation and did not claim a tax advantage. his lawyers also argued that he was so different from others embroiled in the scandal. they have all wealth, privilege, fame, saying sartorio does not. he apologized before the court saying what he did was wrong and no excuses or justifications. he is sorry for families and student that took exams without seeking unfair advantage. other parent are inching closer to trial, including lori loughlin and her husband fashion
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designer, maximow. jackie: threatening to shut down the turkish economy and a federal judge said president trump must turn over subpoenaed documents to the house of representatives. that story coming up next. ♪ ...and brake too hard. with feedback to help you drive safer. giving you the power to actually lower your cost. unfortunately, it can't do anything about that. now that you know the truth... are you in good hands?
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♪. >> these are very powerful sanctions. we hope we don't have to use them but we can shut down the turkish economy if we need to. jackie: this afternoon treasury secretary steve mnuchin said the administration is authorizing sanctions on turkey but is not activating them at this point. he also said the u.s. can shut down the turkish economy if we need to. fox news's benjamin hall has more on the turkish military operation in syria. benjamin? reporter: the turkish invasion is ramming up. 100,000 people are fleeing
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northern syria. shelling, aerial bombardments have been striking towns and cities for three days up and down the border. at least 27 civilians have been killed. as many as 200 kurdish sdf fighters. on the ground, food and medicine are running low. people are taking whatever they can as they flee. many were already displaced, victims of the eight-year civil war. women and children escaping but with no idea where to. syrian democratic forces who served side by side with u.s. troops have also mobilized to repel the turkish attack. civilians are joining them too. these are among the same troops who have been guarding isis prisons. already there has been an attempted break of the camp where 70,000 isis members are held. five fighters did manage to escape from another camp. in the regionalp capital, a double isis car bomb culled 5s
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df forces leading to fierce the group is coming again. even isis leader al-baghdadi is calling on themrise up again. in turkey retaliatory shelling killed eight civilians and four turkish soldiers have also died. the foreign minister said they have no intention of slowing down. saying they will continue to eliminate all of the so-called terrorists on the ground. u.s. forces are still there on the ground further south from the so-called buffer zone. the turkish military knows the exact locations of those u.s. forces but a couple of hours ago a mortar landed near u.s. troops. nobody was hurt but shows turmoil is putting u.s. troops in danger as well. back to you. jackie: benjamin, thank you for that. let's bring in our guest, james carafano from the heritage foundation. great to see you. >> good to be with you. jackie: start with steve mnuchin's comment today and potential sanctions here. the u.s. is saying we're putting
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something on the table but we're not pulling the trigger just yet. why wait? >> mnuchin is kind of channeling trumps inner show man. we can't shut down an economy. we can't shut down north korea and iran. we wouldn't shut down turkey. having said that the u.s. could do pretty damaging sanctions on turkey. that would make sense if the turks do things which are worth sanctioning. you know the u.s. advised them against this incursion. he said, look, bad things can happen here. so if there is humanitarian crisis, if there is ethnic cleansing, if there is were to release isis prisoners, if they would do things that would harm u.s. interests make the situation worse, i think it would be appropriate for the trump administration. jackie: u.s. is in tough spots with allies on both sides. the issue as you mentioned if there are civilian casualties. what happens if that becomes a serious issue? does the u.s. take the next
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step, going even past sanctions potentially? >> i think we have limited interest, limited capabilities and limited influence in the region. we're not going to jump in the middle of the syrian conflict to solve it. it is going on for years. if we could have jumped in to solve it we could have done that years ago. innocents get hurt in war. that is a tragic fact of life. what is inappropriate to intentionally target innocents or conduct operations in careless or unprofessional way in which innocents get harmed or intentionally hurt. u.s. has to monitor what the turkish government does. if they exceed what a professional military should do, it is appropriate for the u.s. to take sanctions. the u.s. warned them. people say we green-lighted this, which is not true. the u.s. advised. this was not a good thing. there were grave risks. the u.s. warned them to begin with. we warned precedence for this. we told them not to buy the
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s-400. it was incompatable with the s-35 from us. we did exact5. ended joint production. the turks paid a painful price for that. jackie: this is interesting,opsd troops to saudi arabia. as the escalations with iran continue. the latest with the iranian tanker damaged by missiles today. iran is not blaming anyone per se. where does the conflict go from here? >> we have to be technically correct here. even the president who said let's end endless wars never said he would take all our troops out of syria. he would like to do that. he also said, it is our official policy, a small number of u.s. troops would stay there to protect u.s. interests. that includes trying to prevent mass genocides and mass refugees which are destabilizing to the region. preventing iran taking foothold in syria to attack israel our
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closest ally and make sure isis does not come roaring back. the troops are still there looking after our interests. what we're doing in saudi arabia is identical. saudi arabia is part of pushing back against iran. iran is the chief destablizing threat in the region. so limiting iran's capacity to do bad in the region, deterring that behavior having additional forces in saudi arabia, this, those things go together. trying to calm down the middle east. reduce conflict and most importantly reduce it in a sustainable way. the notion we can't have thousands of troops there forever doesn't make sense for us. what the president is trying to do is find solutions where we are there with influence but a sustainable way over time where regional allies pick up, pick up a chunk of that. we do it in a way we can have peace and stability year in, year out. jackie: james, great to see you. thank you so much for your time tonight. >> thanks. >> coming up there are reports that the whistleblower who
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touched off the presidential impeachment probe worked with former vice president and 2020 presidential candidate joe biden. what could that mean for the house investigation? plus, president trump headed to a rally in louisiana. we'll take you there live for a preview. ♪. i wanted more that's why i've got the power of 1 2 3 medicines with trelegy. the only fda-approved 3-in-1 copd treatment. ♪ trelegy. the power of 1-2-3. ♪ trelegy 1-2-3 trelegy. with trelegy and the power of 1 2 3, i'm breathing better. trelegy works 3 ways to open airways, keep them open and reduce inflammation for 24 hours of better breathing. trelegy won't replace a rescue inhaler for sudden breathing problems. trelegy is not for asthma. tell your doctor if you have a heart condition or high blood pressure before taking it.
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jackie: "fox business alert." boeing announced it is separated the roles of chairman and chief executive officer. dennis muilenburg will continue to serve as ceo, president and director but no longer as chairman. the board elected david calhoun to serve as non-executive chairman. the company said that the move will allow muilenburg to focus full time running the company as it works to return the 737 max jet to service. the fleet was grounded since march after two crashes. ♪
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>> the whistleblower repori rely conversation, an exact transcript, and the whistleblower didn't say that. jackie: president trump on ukraine just earlier, as former u.s. ambassador to ukraine marie yovanovitch behind the house intel and foreign affairs committees. the former ambassador told the committees that the president pressured the state department to remove her from her post, according to prepared remarks reported by multiple outlets. chief intelligence correspondent catherine herridge joins us with the latest. reporter: jackie the former ambassador congressional appearance was in doubt. the house democrats said the administration told maria joe vaughn know very much.
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according to prepared remarks yovanovitch denied disparaging trump administration saying she was pushed out. i was incredulous that a u.s. bam does are based on what i can tell unfound or false claims by people with clearly questionable motives. prosecutors allege that yovanovitch was targeted by less parnass and igor fruman. showing them with former ukrainian prosecutor who investigated the flags gas firm where joe biden's son sat on the board. senior republican said yovanovitch is a partisan, bias the against the president. >> this is somebody supporting clintons was running, telling ukrainians was going to win, prognosticating bit, once trump won was bad mouthing the trump administration to ukrainians and
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to state department staff. she has a lot to answer for. we're looking forward to questioning her this morning. reporter: a house democrat left the session early to speak to reporters. >> she is acting like a true ambassador. she himself, she herself has been deeply involved in, and has, and has been the object of false statements and she is clearing that up. so, so far i think both sides are finding her very credible. reporter: when congress returns next week the three democrat controlled house committees will call a number of witnesses as a lawyer for the whistleblower asks congress whether their clients could submit testimony in writing instead of appearing in person to help shield their identity. jackie? jackie: catherine herridge thank you so much for that. joining me former fbi deputy assistant director danny colson. great to see you. talk about catherine's report and testimony by yo vaughn know
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very much. she said she was unfairly fired and others say there was any reason to fire her. who is right here? >> you have to remember ambassadors serve at the pleasure of the president, if you displeasure him they will get rid of you. this is a major red herring. she was dismissed. there is no guarranty of her position. if she wasn't doing the job he wanted her to do, he has the right to fire her. has nothing to do with impeachment, has nothing to do with the conversation. there is another focus taking from the lack of credibility we're dealing with here. i don't think it is diminimus, i don't think it matters one bit whether she was fired or not. jackie: talk about rudy giuliani and his role in ukraine, acting as the president's personal attorney and association with the two gentlemen catherine referenced this doesn't look good for him he was associated
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with these two men and they are now being indicted by the feds. >> first of all i would like to see that not happen. i think that investigation should be conducted by a proper authorities and that is the department of justice. that being said, he has a right to do that. i know rudy. i did cases with rudy in new york city. but he is an honorable guy. he deals with some people that aren't so honorable sometimes because he is lawyer. like i do. i don't think this is that much after deal. i would frankly prefer that the president leave these kind of investigations to the department of justice because this is where it gets to appear to be political. and whether it is political or not, it has that appearance. i think he would be better served letting the attorney general and fbi do these things as opposed to himself. >> okay. final question, danny. there has been ongoing litigation regarding trump's personal records, his tax records, also his accounting records. the accounting firm is being told to provide financial
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records to congress. your thoughts on that? >> well you know what? sooner or later it will come out. he will give them up. i don't know why the reluctance is there. you know what? these are not the biggest cases in the world. one of them has to do with stormy daniels and relationship with donald trump. i don't know why we're dealing with that. i don't know why the southern district of new york is even going after that but they are. i'm all for it. let the courts do their job. let them decide whether or not these records are given out or not. if they are, live with it. i like dealing through the court system as opposed to through the legislative branch. i think it's a good thing. we'll see what happens. jackie: danny, great to see you. we'll see what happens. thank you. >> always a pleasure. thanks. >> talk to you soon. president trump holding his second rally in as many night. this time in lake charles, louisiana. fox news's ellison barber is there with a preview. ellison? reporter: jackie, there is more than one republican running for governor in louisiana. both of those candidates are expected to be here tonight.
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louisiana has what is known as jungle primary. the election is tomorrow. president trump is not telling people who specifically they should vote for. instead he is telling them so vote for a republican and force a runoff with the current governor, a democrat. this is the second rally in as many days. his second campaign rally, campaign style rally since democrats began the impeachment inquiry. the president railed against that inquiry. democrats and the media at his rally in minneapolis last night. many are expecting him to say similar things at the rally here in louisiana tonight. according to "fox news poll" on impeachment, support is at all-time high, with 51% saying they want president trump impeached and removed from office. it is hard to find people who agree with that in this room tonight. most of the people we have spoken to at tonight's rally, they say they believe the impeachment inquiry is a
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politically motivated attack. listen here. >> it's a distraction. he will not be impeached. chargt him, it will bring all kind of information about their crimes. >> they're spinning their wheels. the more they do that the more the country sees that they are accomplishing absolutely nothing. and we want the country to move forward. so that needs to go away because it is going nowhere in the senate. and it is time for that to just to to the sideline. let's move the country forward. that is why i support him. reporter: we heard from louisiana senator kennedy. we expect to hear from president trump in this room in about an hour. he is set to speak at 7:00 p.m. local time. jacqui? jackie: ellison basher. thank you so much. coming up federal judge ruling today that president trump violated federal law when he used his declaration of a national emergency to fund the border wall. but first why elizabeth warren's plan to nix big money donors is
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making some democrats very nervous. ♪ by consolidating your credit card debt into one monthly payment. and get your interest rate right. so you can save big. get a no-fee personal loan up to $100k. performance comes in lots of flavors. ♪ (dramatic orchestra) there's the amped-up, over-tuned, feeding-frenzy-of sheet-metal-kind. and then there's performance that just leaves you feeling better as a result. that's the kind lincoln's about. ♪ so why isn't it all about you when it comes to your money? so. what's on your mind?
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and if you call us today, you'll only pay $149- an over 50% savings. when i came in, they thanked me for my service. i said thank you for yours. life line screening. the power of prevention. call now to learn more. ♪. jackie: lou dobbs joins us now with a preview of what's coming up next on his show.
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lou? >> thank you, jackie. at the top of the hour we take up the president's partial trade deal with china. the heritage foundation's dean chang and "wall street journal's" james freeman among our guests. we'll also talk about the president's progress in curbing illegal immigration, customs and border protection commissioner mark morgan joining us and the dems impeachment inquiry so-called gets the help of an obama era holdover. imagine that. we'll talk with the leading investigative journalist on this scandal, john salomon. we'll be join as well by pastor robert jeffress. all that at the top of the hour. jackie, back to you. >> lou, thank you so much. a fox business news alert. dramatic live pictures from ecuador where hundreds of indigenous protesters are in the streets over fuel price hikes and austerity measures. ecuador's president says he will
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not back down on the imf-backed plans due to the urgent need to stablize the economy. to the high-stakes money raise for 2020. turns out that less is not always more when it comes to fund-raising. that is "politico" reports that some dems are flat-out spooked by elizabeth warren's pledge to shun big money fund-raisers if she secures the democratic mom nails. gianno caldwell, the author of, taken for granted. how conservatism work back the america that liberalism failed. great to see you. >> thanks for having me. great to see you. jackie: critics say this will put the party at risk. it is important to have donors across the board but elizabeth warren is kind of drawing a line in the sand here? >> yeah. that's been what actually cemented her front-runner status. we think about the fact out of all the candidates, she being the one on the far left has been the only one who really came out
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with established policy plans as to what she would do if she were to become president. typically speaking a lot of candidates don't do this because they want the flexibility of a general election. but she hasn't. so thinking about the fact that she is only going to take in small dollar donors if she becomes the general election nominee, should be frightening to a lot of people because you consider what happened when hillary clinton in 2016. she raised over $700 million with all kind of candidate groups. so the pro-trump, not pro-trump, pro-clinton groups. in 2019 he raised over $300 million alone. that should be concerning for democrats. jackie: those numbers are staggering. i want to look at them a little more closely. the rnc and trump have raised $308 million. 125 of it came in the third quarter. five million of it came 24 hours in september after the
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impeachment inquiry issue arose. when you look at what the democrats have, warren has a little less than 25 million. even if bernie dropped out, she got his 25 million for example, they are still far, far behind. >> yeah. considering the fact that she is more of a candidate that favors socialism, this is only are good news for trump and republicans. i'm sure a lot of folks on the left realize if she becomes the nominee there is really clear path for donald trump. obviously the candidate donald trump must work his heart out like he did in 2016 to win. he can't leave any vote left behind. certainly this is matchup donald trump would love. he certainly in my view probably would like to stand up fence against joe biden with polls show hing could he be in trouble. jackie: you talked about warren's push for socialistic policies, kind of shows you that it doesn't work when you're trying to win a race, pardon me.
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>> most americans, when we're talking about, looking at polling data, it shows younger americans are favoring socialism but young americans don't really vote. that is what the historic trends show us. for those americans that generally go to the polls, you see seniors, middle-aged people, they're very concerned about what socialism means and what it could do to our country. so a lot of people are in fear of having a candidate that could be in favor of those policies which could really change the dynamic of our country. jackie: great to see you. have a wonderful evening. thank you so much for having me. >> coming up a federal judge ruled that president trump violated a federal law using his declare a national emergency to get millions of dollars for the border wall. ♪
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reporter: a federal judge ruling the president violated federal law when he used his declaration of national emergency to fund the border wall. >> jackie, i was just back on the border and hustled back to do this interview with you today. i was down on the broader we have a wall and where we don't have a wall. this will hurt our ability to secure the border. as somebody who puts on a
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uniform and patrols the border and is trying to enforce the laws that will make america safe, it's disappointing to see ruling like this knowing it will most of likely get overturned as it works its way up the court system. reporter: earlier this week the homeland secretary was shouted off the stage. >> we will try one more time. but otherwise i'm going to go back to work and try to secure this country and its ability to discuss large-scale immigration issues. jackie: i think both side would agree there is an knowledge at the border. but is that the way to handle it? >> let's go back to this judge's
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ruling today. if we are willing to engage in an honest conversation, then we can potentially come up with a solution that we need. these individuals that shouted acting secretary of the homeland security off the stage, they weren't even willing to discuss the issue and have an honest discussion with them. if they didn't like it at that point that would be different. but to shout him off the stage before he has the chance to make the case, that shows it's all about politics. it's not about what is right and what is wrong. it's how do we continue to get our people elected. jackie: a bbc reporter said some of the kids said they didn't
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expect him to walk off the stage but they were happy he did. they referred to homeland security as the oppressor. >> that upsets she. as somebody who puts on a uniform. all i'm doing is enforcing the laws that congress enacted. enforcing the laws that make us safe. if you look at the countries that succeed and ones that are failing. the countries that succeed believe in the rule of law and believe that laws make us free. the countries that fail are those countries who do not protect their citizens and even consider and enforce their -- and enforce their law. it's difficult to see that we can't have an shownest debate. we'll just shut people up before they have a chance to explain what they are doing, why they are doing it and why it will benefit everybody.
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jackie: thank you for watching us tonight. lou dobbs is next right here on fox business. [♪] lou: good evening. president trump is deploying 2,000 troops to saudi arabia to meet increasing threats in the middle east. the president authorizing sanctions against turkey but not yet activating those sanctions, depending on what the turks do in syria and whether or not the kurds are protected. president trump announcing a new phased approach to the u.s.-china trade negotiations in the obvious hope of deescalating rising tensions and rising rhetoric of both nations and
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