tv The Evening Edit FOX Business January 10, 2020 6:00pm-7:00pm EST
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i think there's a role for government and privacy and driving rules, it's just an outright ban seems preposterous. >> i think the parents can't take away from the kids because all the other kids have it. so if you do need the government. >> we'll see you next time. >> capping off a wild week. closing down after hitting brand-new record highs. the dow topping 29000 for the first time in history. not enough to overcome middle east tensions. steve magician, mike pompeo hitting around with another round of sanctions. they say it will cost regime feelings of dollars. american special operations forces tried and failed to kill another iranian commander on the very same night soleimani was killed.
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the failed mission pleasant yemen and the target was allegedly behind the saudi ambassador on american soil in 2011. impeachment democrats are signaling they are gearing up to send the articles to the senate next week. happy friday. the evening edit starts right now. ♪ we've got all the angles covered tonight. here's the latest on iran. here's a stellar job. jerry for the new york stock exchange with today's market action. >> president trump telling fox news he took out soleimani because the iranian general was plotting to attack for u.s. embassies in the middle east including the american embassy in baghdad. secretary of state mike pompeo
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says killing soleimani was critical to stopping the attack. >> we don't know exactly which way it would have been executed but it was very clear. soleimani himself was plotting a large-scale attack against american interests in the attacks were imminent. >> the white house announcing details on a new target on the metal industries and 18 military national security officials involved in the ballistic missile attack on to military bases in iraq. steve munition telling foxbusiness like the economic sanctions work. >> we have one 100% confident and we are consistent the economic sanctions are working. if we didn't have the sanctions in place, iran would have tens of billions of dollars. it would be using the thought for terrorist activities throughout the reason and enable
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them to do more bad things. >> that's not just white house rhetoric. data pack set up under president trump, the gdt sunk 13% under obama when he signed the iran nuclear deal but since trump pulled out and put sanctions on the gdp has plummeted in response. the cost of basic goods has doubled on things like milk and beef. the prices have gone way up. >> recession as well. let's get to the job report for december. less than expected. it getzlaf a strong decade of jobs creation. >> the economy created 139 jobs in the private sector and 6000 jobs from the government at up to 145,000 jobs last month. just looking at the economy improving over the past year. an appointment rate was 3.9% and 6.3 million people looking for
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work. now we have unemployment rate at historic lows, 3.5% and 5.8 million people looking for a job. still a big number but it shows more people off the sidelines in 2019, getting jobs, allowing them to spend money. >> the economic plans are clearly working and looking forward to the china tiny usmc it and very strong economy this year. >> the weakness in the december jobs report comes from average hourly wages. gross close to 2.9% in the past 12 months below 3% for the first time in a year end a half. that means lower inflation pressures, generally not significantly increasing in price must a white house iconic advisor larry kudlow taking on the federal reserve today wanting more help to boost the economy further. >> virtually no inflation. a strong and stable reliable dollar. i don't know why our target rate
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is so much higher than the other target rates. i just don't get it. sometimes i wake up in the middle of the night and i think to myself, g, i think they could be a little bolder. is that possible? >> nancy pelosi says the jobs report shows growing uncertainty in the economy and desperation. another important fact, women have now overtaken men in the workplace for the first time since mid- 2010. 50.04% of jobs are held by women that's excluding the self-employed and farmworkers. >> a new generation. thank you so much. the market is going where it hasn't gone before. >> they could not hold onto the all important, i've put it on because it's closing below that level. the market reacted to new
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economic sanctions by the trump administration. the dow and bowing having a big impact on the dog tonight. that's closing down nearly 2%. the biggest news of the day and week, the jobs report, a little bit of a disappointment but not a big impact today. the dow closing down 133-point. s&p down nine, nasdaq lower by 24. their fishing higher for the week, nasdaq cap 1.7%. oil facing a major drop from highs earlier this week. settling just above 59 dollars a barrel after 70 earlier in the week. >> only 37 days to get 29000, the six fastest in history. let's get back to the latest apartment on iran and we are joined by robert charles.
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charles is consulting. great to have you both with us. let's start with the new sanctions. a large scale threat to american interests prior in previous killing soleimani. let's play that quickly. we were going to play it, we will play it later but let me just ask you, i think we have it. let's get to it. >> don't the american people have a right to know what specifically was targeted without revealing methods and sources? >> i don't think so but we will tell you probably if there's going to be the embassy in baghdad. >> attacks plans for other embassies and if those were planned, why can't we reveal that to the american people? ones that help your case?
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>> i can reveal that we would ensure embassies. >> your reaction. >> i think the presidents exactly right. it's clear that what soleimani has done, particularly over the last year or so, if he's carefully crafted, for back of a better term, a campaign plan that adds all of the elements of the terrace playbook in one portfolio and the object of the game plan is to continually pick away at american vulnerabilities in the region until finally the americans leave and when the americans leave in iraq particularly in the present, then i believe soleimani is long-term full was to create an on play that stretches all the way to audit on and he was well on his way to do it until he left this earth. >> let me ask you this,
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hard-line president trump, this is the right reaction. >> no question. i agree, that's exactly what soleimani was aiming to do. iran's intent has been clear from the beginning. soleimani people need to remember, he was the one responsible for the bombing of the marine barracks. he was responsible for seating has block in iraq and syria and lebanon. he was guhle a notorious actor. you hear a lot about the troop withdrawal, i don't think americans should expect anything big to happen. just for context, the iraqi parliament, we do have troops there involved in training. we are training their security forces. i was involved in the training of their police forces. there's a very thin shiite majority that urged us to leave. it's a nonbinding resolution and i think prime minister is very likely to just work with us over the extended future. >> why should american troops
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believe $2 trillion in american money to fight in iraq. >> but i've got to tell you, the iraqis have got to be careful. they can throw out these words about americans leaving all they want to but as time goes on, they may very well be pushing an open door here. the americans resent the lack of respect that american forces are getting from the rockies recently. you know the sentiment about endless wars with the president, they need to tread this line carefully and get serious about assurances that americans will stay on the ground to train. here's the thing. americans leave, who will take our place? iranian shiites and the russians won't be far behind. >> so you see the controls but you fought very hard and to
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exercise for americans at home. >> yes, that's exactly right. the two outcomes we do not want is our return of isis, which training the iraqis to rebut that and be prepared to provide that is one objective and the second is iran taking over that present that the general was talking about beginning with iraq. as you said earlier, an awful lot of blood and treasure has gone into preserving stability in the region. it's in everybody's interest, except those two parties to have stability in iraq so i think nobody should be in a big hurry although the president, his point is well taken. if you push long and hard enough, we make a hump i think right now, we are talking about keeping it stable and i don't see any surprises around the corner. >> let me get your reaction be unsuccessfully tried to kill another member of the iranian
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revolutionary guard. the night soleimani was taken out in a drone strike, is this mission in yemen this time, he was behind a plan in 2011. the saudi ambassador in the u.s. in georgetown, is this why for the attack? >> it's very interesting. what we are talking about is a success rate for a strategic target of 50%. one hit, one ms.. in the world of warfare and counterinsurgency, that's a pretty remarkable record. this judgment should not sleep well at night because i think his name will stay at the top of the list for sometime. >> thank you so much and have a great weekend. coming up next, heading to the
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polls tomorrow, campaign by china to metal it up. whether this will be a referendum on china. the anti- china sentiments. coming up next, white house economic advisor larry capo helps foxbusiness is the bottom half of americans that are raising the biggest awards in the face of a new poll showing most americans want to tax the superrich.
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you can caught the trump economy, this month's report have ten years of payroll gains, the longest stretch 80 years of record keeping. the economic advisor hypo, lower income household and particularly is encouraging. >> today's numbers show that the production people, service people from the bottom half and bottom 15%, they are still vastly increasing the managers. >> joining us now, the chief investment officer.
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donald, you're here for the 2020 democrat income inequality, how the wealthy are doing better than those below the 50% line but as you heard, the bottom 50% is doing better. >> they are doing better in terms of income gains, that's for sure. if you're going to address income inequality, you have to have income growth inequality. the people with lower incomes have to have a higher income gains. that's exactly what we've had over the last year as a trump economy has caught fire. i'm going to run by statistics. over the last year, the median american worker saw the income go up by 3.6%. that's pretty good considering low inflation. the ninth, the lowest earners the government reports data on,
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their income gain was 7.6% more than twice that. people who didn't graduate high school, 9% gains. african-americans, 6% gains. they call it trickle-down economics. we call this prosperity. when you have a president like trump who comes in and takes an already long business cycle expansion, cut taxes and regulations, causes the expansion to go on even longer, that means the economy is ready to employ people who maybe would never have even had a job before. now they are getting the biggest income gains. >> it's like red tape so companies are able to fire up and hire the people they need. speaking of prosperity, i just checked the dow in 2017, today it crossed 29000. that is prosperity for american right there. >> that is.
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it's pretty hard to find an american, working american anymore who doesn't have a stake in the stock market. everybody has a form one pension plan. you may not think about it or look at your statements but when the new record in the stock market, that means your future just got better. you just got richer whether you are a rich man or poor man, you just got richer. >> what does this mean for 2020? it looks like the jobs getzlaf a pretty strong decade of job creation and something in 2020, it's a pretty good economic foundation. >> there's never been an incumbent first-term right who didn't get reelected when the economy was strong. that's just fact. never been broken. here we are. we got ten months ago, a recession in the next ten months, there's nothing like that on the horizon. >> let's speak to nancy pelosi
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-- she issued a statement and here's what she said. the jobs report is growing uncertainty in our economy. rising desperation. >> uncertainty? uncertain about whether it's going to be good or oh my god, great? that's the kind of uncertainty i like. >> desperation was 29000 level dow? we are going to go to break but american firefighters help australia fight deadly wildfires. officials there one another quarter of a million residents might have to sleep. later on, looking more and more like house democrats preparing and sending articles of impeachment to the senate next week. ♪
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the big new story today about going and its employees internal messages criticizing the department of the question of safety including one in saying this airplane is designed by armed who are supervised by monkeys. here's more. >> some e-mails say it's a company when it came to the 737 max planck, corporate profit was put ahead of safety. one test pilot astronomical, would you put your family on the aircraft? i wouldn't. one text read, i still haven't been forgiven by god by the government up i did last year. the 737 has been grounded after ten months. new software is being blamed. a lot of the e-mails focus on flight simulators that were not exploding design flaws. further damages their reputation.
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>> 's the contempt reflecting the e-mails. >> last month, following fire the ceo in two days ago, the company announced a complete reversal on a key safety issue. they are recommending pilots get similar training when they are recertified. he faced much more scrutiny from faa and congress, not only on the math but, all future planes. it's last federal oversight. the chairman of the transportation committee said the system is broken and boeing exposed it. >> deliberate concealment. over a number of years.
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leading to two fatal crashes. >> boeing apologized for the e-mails and said in a statement, these communications do not reflect the company we are in need to be into they are completely unacceptable. the company's promising binary action and changes. >> let's talk about what's happening in the eastern pacific this weekend and i want because they are heading to the polls tomorrow for their presidential election over concerns over influences and what people see as a anti- china referenda. the man that told trump. i'm a bit embarrassed yours would be better than mine. so i know you listened for about two years and people say this is a referendum. against china. anti- china sentiment. >> i think that is true. having the polls, i'm just talking to a friend in taiwan, i think the polls open in half an hour. the county results as hour by
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hour as time goes by, by 4:00 p.m. tomorrow saturday will know whether china misconduct in hong kong and its use of bombers to fly around taiwan and aircraft carriers near taiwan. this kind of intimidation, will know if this will work or not. i expect him to win reelection. the amount of fake news and influence operations beijing have launched is quite impressive. there's a chance she will fail in this will be a victory for china. their opponent is unspoken about wanting to continue to political talks and immigration with the mainland. >> the incumbents, she is in the second term because her popularity comes from having no fear over china's influence and i would say that is correct what china has been doing. they've been expending but look,
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when taiwan comes back into the full, will give you two systems but how well that worked out in hong kong especially with protest. >> i agree with you but i think taiwan's approach is not to really defy china, is to maintain the status quo. part of her business became for she became president the first time, she came to washington and around the world, she said she's not going to provoke china. she's going to maintain the status quo. the important thing about tomorrow, if she wins, the chances are she will president trump call her on the telephone to congratulate her publicly? as you know during the transition in december 2016, he did take a phone call for eight minutes. then the chinese got very angry, contact with president trump and eventually the president agreed to go along with our one china
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policy. this will be tested tomorrow. the president calls or is insulting him. if it's a quiet behind the scenes congratulations, that will preserve the policy that other president has only clutched in that. >> we do have january 15 on the trade deal but no one seems like you have already. >> i'm quite familiar with what's in the report. ambassador gave a background on it that has seven chapters, the most important thing is that enforcement mechanism. i think you've probably heard the president in his ohio campaign rally just a couple of days ago say the most important thing is fully enforceable. he used those keywords. fully enforceable. he's never signed this kind of agreement with any other country or with us before. to have an appeals mechanism is
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almost like a lawsuit. tariffs will be put back on so is extremely impressive the president trump has done this. i think it vindicates his approach of saying he's my friend, i will work constructively with the chinese and not confront them. my forecast tomorrow is he will not openly telephone her to congratulate her. he focuses more on the importance of jobs for americans, his campaign promise about ending the chinese misconduct, trade abuses and property theft, that's his focus. the chinese respect him greatly. they believe he's strategically oriented president and wants to slow down their economic growth so heavily on cheating and speed up our growth so china never surpasses us. the president said that several times. >> if that is not signing, china
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would never sign something like that and it's a loss for that president. great talking to you. have a great weekend. let's get to american firefighters. dozens who helped with the wildfires that are getting soaked interest from officials are urging a quarter million residents to leave. here's the latest. >> around 100 american firefighters have not been sent out to australia. conditions are worsening again. at help is much needed. the people have been evacuated southeast australia. firefighters might not be able to defend communiqués in that area. australian strand by to bring them to safety.
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many places have already been hard-hit. another fight for firefighters, they've been talking water in iraq returns to try to contain fires in the most vulnerable areas. so far, at least 36 people have been killed in the bushfires overall. firefighters are still working around the clock to prevent more casualties. the military is also on standby. meanwhile, volunteers are trying to help dozens of injured animals at a special factory, the world wildlife fund estimates tens of thousands of koalas have died on one island alone then. now there's an angry response to the crisis from the public in australia, in sydney thousands of people took to the street to call for more action on climate change. they say the australian
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government isn't doing enough. the bad news is the temperatures are set to rise again, strong winds are forecast to fan the flames even more. american firefighters will be most welcome. >> kuemper, "wall street journal" taking democrats over the war power resolution. they want to hamstring trump. what you think about that?
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top of the hour, we have lou dobbs and he drives a snack with a preview. >> thank you. joining us tonight, general jack on a rant and the relationship between the middle east and the united states tonight. washington times opening editor charlie on the politics swap and institute gordon chang on china. hong kong and of course taiwan and into important election.
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award-winning journalist solomon on spy gate on all that is learned and investigated. we could pray over all those souls in the deep state. that's tonight at the top of the hour. >> i always learn something. thank you. we'll see you at the top. so the holdup, nancy pelosi has finally said she will send the articles of impeachment against trump to the senate next week. it's highly unlikely the that two thirds of the gop -controlled senate will vote to convict and remove resident trump from office. the senate report and said they are supporting impeaching president trump. his all for show? is a waste of americans time? fox news contributor bill. happy friday. finally, it looks like speaker pelosi is sending the articles of impeachment but only after
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mitch mcconnell. >> only after waiting through the christmas holiday. it was supposed to be so important. i think the pressures mcconnell had all the cars. he didn't really want impeachment anyway and missus pelosi kept trying to withhold what he didn't really want so he was going to win this. he basically took on no negotiations stance. >> she wasn't going to get republicans to switch sides and say let's bring on more witnesses. >> i think part of what the republicans are doing is not in the senate, it's not just to set the rules for the trial but i think they also want to convey their discussed with the goldberg way and nancy pelosi did this. the call for witnesses is just crazy. if it was so important, why didn't they call them earlier? >> remember back in the 90s when the democrats impeached and
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pelosi on that, running on exonerating clinton even though ken starr identified 11 separate possible grounds for impeachme impeachment? >> if we vote articles of impeachment, i fear we will be setting a precedent that we could seriously weaken the office of the presidency. whether the president is removed from office or not. we will be in danger of all too frequently investigating presidents and seeking to remove them from office. unless america takes one of the most serious and rare actions that this body can assume and impeach the president. against the overwhelming the will of the american people. now we are routinely using thought.
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>> shocked that schumer would be fine. he's not the only one. pelosi had similar things. jerry naddler talked about how the impeachment needed to be bipartisan and when they got down to it, tucked it over. >> you are shocked schumer is a hypocrite? i see the all over your face. >> he is a minority in the senate and i'm not sure even the other democrats said they might be interested. i'm not sure if they really want to go down that path. hunter biden and all other things i keep that democratic candidate sitting there. >> let's talk about your peace yesterday. the war powers act is supposed to hamstring trump, not the iranians. should we be putting on a united front in times of fighting overseas? >> absolutely.
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it's an editorial group, not my personal part. but it looks like they are more upset with trump than the man whose killing americans. >> writes. the only people that are morning soleimani's death. >> we are back to the 1970s. blame america first. it's amazing to watch this show again having witnessed it firsthand. >> let's talk about the fourth liberal hypocrisy. pelosi in 2001, once believed president did not teen need congressional approval to use military force. >> are you saying this president did not need authorization initially and still does not need any authorization from congress? >> thank you all very much. >> replicants have done the same thing.
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opposed the clinton or barack obama and then set, the war powers resolution, people are, presidents don't really recognize it so this is an old debate about what they are going to do. presidents need to be able to act and defend the country. >> right. let's play along party lines. great to see you. have a great weekend. so first, pete buttigieg over his iranian tweet and then he sparked another one when he unveiled his 1 trillion-dollar infrastructure plan. plus, a look at federal judge handing out the u.s. government.
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isn't it a conflict of interest? >> i agree with you. they should not even be voting or participating in impeachment trials because it's a conflict of interest. they are trying to remove a political opponent. if they were smart, they would have voluntarily recused themselves so they could be on the campaign trail. if not, otherwise for ethical reasons. >> let's talk about the specific campaign. buttigieg is getting a lot of headlines. more than $1 trillion in creating millions of jobs and updating infrastructure and combating climate change. that's a big price tag. is not a similar to what president trump proposed? >> it certainly is. how are we going to pay for this 1 trillion-dollar infrastructure plan? middle-class taxes are going to go up.
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they are going to repeal the trump tax cut, which benefit the middle class. it puts $2000 and every families while that on average, a family of four earning $71000 a year, a $2000 tax cut. they're going to have to end up putting the bill for that and it's going to punish all americans who go to work every day. that's working families because of buddha judge wants to implement this mileage tax which will hit the middle class to the worst. >> raise taxes which hurts the average american. let's talk about 1% that dropped today, fewer viable female candidates are left in the 2020 race. warren campaign has been in trouble so she's having no shortage of press. she could be appearing in numerous magazines. also on the cover and profiles
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and you name it. will this help lift her profile with women voters? >> i guess it is by default, as much as she was interesting in a fresh new voice for democrats into the election, warren is the last, amy corporate are is running of course but she's not as high up the polls as wanting. it's an unbelievable amount from the left-wing, female magazine over elizabeth warren and in reality, he blew out fundraising with raising over $4 million last year. i don't know why they are giving more attention to bernie sanders. >> very quickly, what about the trump economy? stop market is going to be an easy election. >> absolutely. it doesn't matter what party you
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are with, you vote with your wallet. this is historic economic boom, historically low on up limit. the dow mentioned earlier, hit with another record, 29000 today. if this keeps up, which we have every indication it will, between the and it's very hard, usually presidents when the reelection anyway. >> good to see her. coming up next, don't miss instruction of private border wall. it's happening anyway he says. we'll ask what is at stake here. n with my doctor, which includes preservision... because he said a multi- vitamin alone may not be enough. and it's my vision, my morning walk, my sunday drive, my grandson's beautiful face. only preservision areds2 contains the exact nutrient formula
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[♪] susan: let's get to the battle over border funding. if federal judge ruled the construction of a private wall in texas can move forward. let's talk about the company involved. is this a private wall? there is a private company involved. fisher industries got the contract to build the border wall. but now its under investigation. there is a report they failed to meet qualify case criteria. >> there is lots of review when
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government does a big procurement for $400 million. i have seen this company's website and i have seen the equipment they put on. they will use some of their own money to put up a 3-mile stretch. half of the border is in texas with mexico and most of it is in private lands. a judge allowing a particular land owner to build their own wall along the border is an important aspect of what happens. building near the boundary. we southeast have agreements with mexico to regulate what goes in the floodplain. that's part of what the judge looked at. susan: news is texas will be the first state not to participate with a refugee relocation program.
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the governor said it's left to congress to deal with disfor portion mall i am great lakes yous due to a broken immigration system. >> the president directed the agencies to make sure the states would be amenable to accepting refugees under this process. i think it's legal in that sense. i think governor abbott will be alcoholled in the courts. about d will be challenged in the courts. but when the border was under siege the crisis was more acute in texas. so the idea of a disproportionate share of people who come to the border into the united states, some of them probably elected to stay as well. susan: thank you so much for having us in your homes and thank you for watching. have a great weekend.
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lou dobbs is next on fox business. [♪] lou: good evening, everybody. tonight we are wrapping up what has been another extraordinary week in america. the trump economy and markets roll on, employers adding 145,000 jobs last month. the unemployment rate remains at a 50-year low. 3.5%. the stock market strong climbing above 29,000 before moving back to session lows. just off its record highs. the dow up 189 points for the week. the president celebrating one of his greatest accomplishments as he campaigns for
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