tv Lou Dobbs Tonight FOX Business July 29, 2020 5:00am-6:00am EDT
5:00 am
word -- "friendship." i'm jamie colby for "strange inheritance." thanks so much for watching. and remember -- you can't take it with you. baseball. melissa: thank you for watching. that does it for us, lou -- ♪ ♪ lou: good evening, everybody. president trump this hour set to hold a news conference from the white house briefing room. we've received no guidance yet from the white house as to what the president will be are -- will be speaking about, but we'll bring you the president's remarks as soon as he takes that podium. we'd also like to bring to your attention that i'll be interviewing president trump next week. please be sure to join us on the broadcast for that. and president trump's news conference upcoming follows attorney general william barr's first ever appearance before the house judiciary committee. it didn't go well for the radical dems. barr held the cabinet, has held
5:01 am
the cabinet position since february of last year. he had been scheduled to appear in march but, of course, the china virus pandemic interrupted that. chair jerry nadler further delayed the hearing today. he got into a car accident on his way to capitol hill. once that hearing did get underway, the radical dems proved themselves to be nothing more than idealogues, scared to death of attorney general barr. so much so they wouldn't let him talk. they wouldn't give him even a moment to respond to any of their questions. and as it turned out, from one radical dem congressman to the next, they had nothing to say except spew more left-wing propaganda. the attorney general subjected himself to their insults, their rude behavior, and they seemed to be pretending to be his equals intellectually. it was clear to all that they were not. the attorney general stated there was absolutely no basis
5:02 am
for the state's prosecution of general michael flynn. >> i think what the counsel concluded was that the only purpose of the interview, the only purpose, was to try to catch him in saying something that they could then say was a lie. >> so -- >> and, therefore, there was not a legit -- the interview was untethered to any legitimate investigation. lou: and with that, the prosecution of michael flynn clearly an act of illegality, an attempt to frame and to subvert the trump presidency. well, today's hearing largely focused on the use of federal agents to quash violence in democrat-run cities. barr and chairman nadler clashed early on over the use of those agents and officers and whether the rioters were really as
5:03 am
peaceful as nadler claimed. >> projecting fear and violence nationwide in pursuit of obvious political objectives. shame on you, mr. barr. >> can i just say -- >> shame on you, my time has expired -- >> you've con complainted two different things. the effort of legend is to deal with violent crime, crime committed on the streets of the city. again, predator violence like murder, shootings, which are soaring in some cities right now. that does not involve encountering protesters, as you refer to it. lou: the committee's ranking republican, jim jordan, shamed the dems for another sham performance. he played a nearly eight-minute-long video that demonstrates the democrat-sanctioned violence that rages in many of america's cities led by democrats as absolutely nothing to do with peaceful protests.
5:04 am
here's just part of the video. [background sounds] [inaudible conversations] lou: despite that vivid video reminder, radical dems such as the former impeachment manager zoe lofgren continued to embrace the absurd insistence that the rioters are peaceful protesters and that law enforcement is responsible for their violence. >> people are showing up because the troops are there. and i'd like to say that so many of them, i would say most of
5:05 am
them, are nonviolent. [laughter] lou: the attorney general put up with nonsense like that, the left's nonsense, throughout the hearing. cheerily, he had enough -- clearly, he had enough of their ignorance, bad behavior and anti-police rhetoric by the time that hearing was winding down. here is the attorney general defending the use of federal law enforcement to protect and defend federal property and lives against a party that calls the police the enemy. >> the obligation to protect federal courts and u.s. marshals specifically have been given that obligation. federal courts are under attack. since when is it okay to try to burn down a federal court? if someone went down the street to court here, that beautiful courthouse we have right at the bottom of the hill and started breaking windows and firing industrial grade fireworks in to start a fire, threw kerosene
5:06 am
balloons in and start fires in the court, that okay? is that okay now? no. the u.s. marshals have a duty to stop that and defend the courthouse, and that's what we are doing in portland. we are at the courthouse defending the courthouse. we're not out looking for trouble. lou: and not a single democrat responded to the attorney general's challenge. not a one. the attorney general also asking why the radical dems didn't outright condemn mob violence that is plaguingty after city. -- city after city. democrat-run cities. >> makes me concerned for the country is this is the first time in my memory that the leaders of one of our great two political parties, the democratic party, are not coming out and condemning mob violence and the attack on federal courts. why can't we just say, you know, violence against federal courts
5:07 am
has to stop? could we hear something like that? lou: and not a single answer from from a single member of today's sham hearing led by jerrold nadler. today's hearing comes after another night of chaos and violence in cities ace cross the country -- across the country. some protests turned violent like in tempe, arizona. objects thrown at police, officers responded using pepper spray to break up the crowds. this is violence surging in portland, oregon. portland marking its 61st straight night of unrest. ap around keyses launch -- anarchists launching molotov cocktails, fireworks thrown at federal officers, inside the defense perimeter, the fence around that courthouse, the city's antifa supporting mayor ted wheeler, now asking to meet with the head of dhs.
5:08 am
this is the same confused mayor who didn't want to meet with him just days ago. wheeler tweeting he'd like to discuss a cease fire and the removal of heightened federal forces from portland. this man is, i think, in need of serious, serious help. he is going to lead a ceasefire? couldn't he do that unia laterally in -- unilaterally? since he seems to have such a great relationship with the antifa anarchists expect black lives matter -- and the black lives matter activists. dhs secretary, for his part, chad wolf, has already made it clear those federal officers will not be leaving. fox news correspondent william la jeunesse embedded with federal agents in portland last night. he joins us live with more on the violence in portland. william. >> reporter: lou, two things. number one, the congressman was wrong. this started with the federal
5:09 am
courthouse back on the weekend of july 3rd, and the reason so many feds are there now is because people attacked that building, the current fps contingent that was there needed reinforcements. what last night was about point of view, trying to get it from the point of view of the agents inside, not the way it's been the last 30 or 60 days. what we saw, peaceful protests about 9-11:30, then about a third of those people left, and you had the agitators left for the most part. some had these homemade shields, if you will. some tried to rip down the fence. others launched these huge fireworks like rockets horizontally which would slam into plywood and would explode really loud. the room was dark where they staged it from, and they didn't want to give these guys a silhouette to shoot at. they're wearing this, you know, helmets, gas masks, ear protection, vests.
5:10 am
why? not to be intimidating, but to protect themselves. those fireworks, you've seen them up in the sky in when those explode next to you, burn hands, legs, neck. also with these lasers that they use, three guys have retinal damage. so i talked to some of the agents, and they basically said this nightly barrage they see from gasoline bombs and fires. [gunfire] >> big one is we want feds out, then just leave the building alone so we can heave. that's kind of a general -- [laughter] we're not leaving until we know that this building's safe. >> reporter: some of the weapons seized at these peaceful protests, bats, hockey sticks, slingshot, food cans, garden -- those spray bottles filled with urine and bleach, they were found inside a resupply tent they tried to conceal as a first aid station. >> we are on the defense. we're not out looking for
5:11 am
trouble. and if the state and the city would provide the law enforcement services of other jurisdictions, we would have no need to have additional marshals in the courthouse. >> reporter: one thing we were told by several different deputies is, number one, this is the people's court. this building was built with 200 million back in 1993 of taxpayer money, it's maintained with our money, and this is where people go to peacefully resolve their disputes in a court of law, not in a mob. that's important to these guys. secondly, they said, you know, the city was not there to help one iota which is why you have so many federal officers, because they're not getting any help. of course, as you know, lou, that's pretty unusual. so the update is wheeler wants this meeting now with dhs. he had a presser scheduled today, that's canceled. i think they're looking for some kind of ceasefire because they've got a stalemate right now, and many don't think it's good for the city business wise.
5:12 am
we'll probably see a repeat of what we had last night. back to you. lou: you mean the geniuses who run portland have figured out that 61 nights of rioting, vandalism, arson are not good for business? really? how smart is that business community there that they've let this go on? this is absolutely outrageous, what's going on in that city. let me ask you another question. you began by saying that the congressman was wrong. i don't know which congressman you're talking about or what he was wrong about. could you elaborate? >> reporter: sure. i think you said in the lead that zoe lofgren was basically saying that the ins graters, the provocateurs here were these federal agents. well, i'm going back to the weekend of july 3rd when they moved from the county court to the federal building, and they had, like, 12 guys doing a perimeter, and they were overwhelmed. they started breaking windows and doors, and they tried to -- lou: but wait a minute, wait,
5:13 am
wait, william, william, willian, are you referring to the peaceful protesters? is that who you're referring to? >> reporter: yes, sir with. lou: a little human humor. thanks so much, william la jeunesse, appreciate it. thanks so much, from portland, oregon. up next, we're awaiting president trump to take the podium in the white house briefing room. we'll take you there once the press conference gips. up next, william barr drives the radical dems mad with his answers on releasing the durham/obamagate findings. john solomon joins us to take that up next. and my new book, "the trump century," please preorder your copy or copies. drive the people in portland nuts, buy as many as you can. you can do so at thetrumpcentury.com, amazon.com, of course, or preorder at barnes & noble as well. we'll be right back, stay with us. ♪ tara, did you know geico is now offering
5:14 am
an extra 15% credit on car and motorcycle policies? >>wow...ok! that's 15% on top of what geico could already save you. so what are you waiting for? idina menzel to sing your own theme song? ♪ tara, tara, look at her go with a fresh cup of joe. ♪ gettin' down to work early! ♪ following her dreams into taxidermy! oh, it's...tax attorney. ♪ i read that wrong, oh yeeaaaah! geico. save an extra 15 percent when you switch by october 7th. ♪ give it up for tara!
5:16 am
when you switch we are the ambassadors of an uprising-ust athletes. peaceful protestors in a rebellion against anyone who has a fear of difference. difference. difference. our demands are equality. equality. equality. dignity. dignity. dignity. and the recognition of our shared humanity. we will not stop or accept anything less. today, our world is more divided than ever, and coming together has never been more urgent. find out more at jointherevolution.org
5:17 am
5:18 am
benefits of high driving while intoxicated city e clear win, their videos are receiving tens of millions of views. it was the most popular streaming on social media, but twitter, facebook and youtube all removed them. twitter has temporarily suspended the accounts of donald trump jr. and attorney sidney powell for promoting that video. also breaking tonight, senator lindsey graham is in trouble in his south carolina senate race. his opponent, jamie harrison, released an internal campaign poll showing graham leading harrison by only two points, within the margin of error. the poll also found, the poll also found more than half of south carolinians disapprove of the job graham is doing. excuse me. in today's hearing, attorney general barr drove the radical dems crazy saying he won't commit to withholding john
5:19 am
durham's obamagate investigation until after the election are. >> under oath, do you commit to not releasing any report by mr. durham before the november election? >> no. >> you don't commit to that? >> no. >> so you -- >> i will be very careful -- >> department of justice policy that -- [inaudible conversations] in any political investigations before the november election? >> the time -- >> we're not going to interfere. in fact, i've made it clear -- >> but under oath you're saying that you do not commit to releasing a report by durham. >> i'm not going to -- any report will be, in my judgment, not one that is covered by the policy of the election. lou: well, joining us tonight, john solomon, award-winning investigative reporter, editor-in-chief of "just the news." his new book is called "fallout: nuclear bribes, russian spies and the washington lies that enriched the clinton and biden dynasties," on sale now.
5:20 am
we recommend it to you highly. john, good to see you. i watched the attorney general today. [laughter] it was asson thishing to watch that -- astonishing to watch that. and just when i think the left can't be more obnoxious and rude and crude and disregarding of any kind of decorum, there they are. that's a judiciary committee? expect attorney general has -- and the attorney general has to put up with that. my gosh. your reaction to what you witness today. >> yeah. sadly, it wasn't an oversight hearing although there's a lot of things the house judiciary committee could have done today such as the failures of the fbi. this was a three, four, five-hour political attack ad for the -- lou: i'm sorry, just as we begin, the president is walking up to the podium in the white house briefing room. here's he is. >> -- achieving american pharmaceutical independence. very, very big, big step.
5:21 am
a focus of our campaign, to bring america's critical supply chains and medical manufacturing back to the usa, we've been working on this for a long time. this is a core of our strategy to protect our people from the horrible china virus. should have never happened, should have never been here, they should have stopped it. in the decades before i took office, foreign nations were allowed to freely plunder our factories and loot our industries, take our business out of the united states. millions of jobs were vacuumed out, just taken out so easily. our politicians let that happen. and our communities were stripped and shipped in many cases to china and all over the world, countries all over the world. nearly four years ago we launched a bold effort to revitalize american manufacturing, enact fair trade deals and bring our industries back home where they belong.
5:22 am
when the china virus landed on our shores, it became clearer than ever before that restoring american manufacturing is a core matter of national security. we must never be reliant on a foreign nation for america's medical or other needs, and that includes many other needs. i just want to say that pfizer just announced a little while ago that they're combining phase two and phase three trials, and the vaccine looks like it's really heading in a very rapid direction, a very positive direction. first time that's a happened in their -- and they're many months ahead of any other trial. there's never been anything like it. so the fastest ever and, to me, it's very exciting. today i'm proud to announce one of the most important deals in the history of u.s. pharmaceutical industries. my administration has reached a historic agreement with a great american company.
5:23 am
you remember this company, it's called from the good old camera age, the old days, to begin producing critical pharmaceutical ingredients. it's called kodak. and it's going to be right here in america. so i want to congratulate the people in kodak. they've been working very hard. members of my administration are present in rochester right now, rochester, new york. good place. and they're trying to finalize this groundbreaking deal, and they will be announcing this deal. i want to thank governor andrew cuomo and his representatives. we've worked really well together on this deal. it's a big deal. it's going to be a great deal for new york and a great deal for kodak. 90% of all prescriptions written in the united states are for generic drugs. we have approved more generic drugs than any other administration by far. generic drugs can be just as good as the brand names but cost much less.
5:24 am
yet in less than 10% of the active pharmaceutical ingredients needed to make these drugs, they currently manufacture in america more than 50%, however, are made in india and china. and you'll be seeing a lot of things have happened, it's been happening, but it's happening at a more rapid pace right now. with this new agreement, my administration using the defense production act to provide a $765 million loan to support the launch of kodak pharmaceuticals. it's a great name when you think of it, such great name. was one of the great brands in the world. then people went digital, and kodak didn't follow, but now under very extraordinary leadership, they are following, and they're doing something that's a different field, and it's a field that they've really hired some of the best people in the world to be taking care of that company and watching that company, watching over it. but it's a breakthrough in
5:25 am
bringing pharmaceutical manufacturing back to the united states. under this contract our 33rd use of the defense production act -- remember when you were saying i didn't use it enough, i didn't use it enough? and now you heard it's the 33rd use. we don't talk about it all the time, we've used it. and we used it as a little bit of a threat, frankly, with certain companies that weren't doing as we were asking them to do, and it came through as both a threat and a usage. but this is our 33rd use of the defense production act. kodak will now produce generic active farm out call inagreed cents -- pharmaceutical ingredients. this is a big deal. using advanced manufacturing techniques, coe e damage will also make the key starting materialses that are the building blocks for many drugs in a manner that is both cost competitive and environmentally safe. we'll be competitive with almost all countries and soon with all countries. once this new division is fully
5:26 am
operational in addition to all of the other plants we've opened with other companies throughout the united states recently, it will produce as much as 25% of all active ingredients needed to make generic drugs in the usa. it's a big number, a 25%. this agreement will directly create 360 new jobs at kodak's factory in rochester. that's just in the initial phase. and in minneapolis, a police i have gotten to know very well, and it's a great place, and i'm very happy that we're able to help them with the problems that they've had recently. the national guard, i want to thank the national guard. both state and beyond. i want to thank them for the incredible job. they went in and they did some beautiful job. they cleaned it up. you didn't hear about the problems anymore. and indirectly, i want to create -- we created thousands more jobs all across our pharmaceutical supply chains. we have now been building a very big farm out call supply
5:27 am
chain -- pharmaceutical supply chain. not only coming out of china, coming out of other countries also. i want to thank peter navarro, adam bowler for their tremendous work to make this deal possible. today's action is our latest ten to build the greatest medical arsenal in history. we'll be able to do that through the defense production act and other authorities. we have invested more than $3 billion in our nation's industrial base. we've contracted with companies such as ford, general motors, phillips and general electric to produce more than 200,000 ventilators by the end of this year, nearly seven times more than we would ever do in a typical year. we've contracted with honeywell, 3m, o&m, helyard to increase u.s. production of n95 a masks, and we've brought it from less
5:28 am
than 40 million a month to over 900 million a month. -- 100 million a month by august. and we'll have 160 million in a very short while. 160 million a month. that's many times what we used to do if you go back two years ago, many, many times. we're increasing domestic production of gloves by 1,000%. 1,000%. we'll be manufacturing 450 million gloves annually by next year. we're finalizing contracts with our textile industry to make gowns in america with american fabric which makes a lot of our businesses happy that produce the fabric. we have 13 million reusable gowns in the stockpile, and we'll continue to grow that number to 72 million this fall. which is a rapid escalation, indeed. we made major investments in new rapid point-of-care tests, so we have -- there's nothing like the
5:29 am
rapid point where you get your answer in 5 minutes to a 15 minutes to maybe 20-25 minutes at the max. can and we're already at about a 50% level, and we're bringing it up very substantially from there. we're growing domestic production from less than 250,000 test kits in month in may to 8 million test pits per month -- kits per month. there is nothing like in that has ever taken place anywhere in the world or close. through our partnership in manufacturing with the state of maine, great state, we've increased production of test swabs from 30 million per month in june to 56 million per month now. as you remember, i went to maine, i went to the plant where they do this. it was incredible. it was a great experience. and we'll produce over 100 million swabs per month by january. we've dramatically ramped up production of materials needed for a vaccine and are on track to rapidly produce 100 million
5:30 am
doses as soon as a vaccine is approved which could be very, very soon. and 500 million doses shortly thereafter. so we'll have 500 million doses. and logistically, we're using our military, our great military, a group of people their whole life is based around logistics and bringing thicks to and -- things to and from locations. and they'll be able to take care of this locationally and bringing it where it has to go very, very quickly. they're all mobilized. it's been fully set up, a very, very talented general is in charge, and when we have that vaccine, it will be discharged and taken care of. it'll be very rapid process all over the country. and perhaps we'll be supplying a lot of the vehicle seen to other parts of the -- vaccine to other parts of the world like we do with ventilators and other things we all of a sudden have become very good at making.
5:31 am
we mobilized the entire government to a acquire, source and deliver life-saving supplies. hhs, fema and the private sector combined have coordinated the delivery of more than 196 million n95 respirators, 815 million surgical masks, 20 million gloves, 34 million face shields and 354 million gowns. that's a lot of gowns. last week fema completed a second shipment of personal protective equipment to over 15,000 nursing homes in the united states. our big focus has been on nursing homes and senior citizens. as you know, that's where we want to take care, we have to take care of the most vulnerable. especially if they have a medical difficulty, a medical problem, in particular heart or diabetes. we've provided a total of 1.2 million pairs of protective eye
5:32 am
wear, 14 million masks, 66 million pairs of gloves and 13 million gowns. we have replenished the hong-neglected national -- long-neglected national stockpile. in january the stockpile had 17.9 million n95 masks. today the stockpile has over 50 millionn95 masks, and we'll be doubling that in a very short period of time and then doubling that number. we've shipped more than 4,000 ventilators -- 14,000 ventilators to areas of need across the country and have more than 75,000 available to deploy. not a single american who has needed a ventilator has been denied a ventilator. and if you remember early on when we were first hit with this virus, ventilators were very hard to come by. and now we're the largest maker anywhere in the world by far and not only are we fully supplied and stocked, but we're helping other nations because ventilators are hard to build
5:33 am
and hard to get. this is just the beginning. in the coming months, we continue the largest onshoring campaign in american history. we will bring back our jobs, and we will make america the world's premier medical manufacturer and supplier. that's what's happening already. it's been happening now for quite some time. we're seeing improvements across major metro areas and most hot spots you can look at large portions of our country, it's corona-free, but we are watching very carefully california, arizona, texas and most of florida. it's starting toead down in the right direction, and i think you'll see it rapidly head down very soon. but if you look, california, arizona, texas and for the most part most of florida. starting to head down. the recent mass gatherings americans have witnessed in the streets of portland and seattle, we are also tracking a
5:34 am
significant rise in cases in both metropolitan areas because of what's been going on x. we, as you know, have done an excellent job of watching over portland and watching our courthouse where they wanted to byrne it down. -- burn it down. they're anarchists, nothing short of anarchists, agitators, and we have protected it very powerfully. and if we didn't go there, i will tell you, you wouldn't have a courthouse. you'd have a billion dollar burned-out building. we're also working aggressively to combat the virus in native american, alaskan commitments, we've provided $8 million to address the coronavirus in tribal commitments, and we've worked very hard with tribal commitments. they're very vulnerable to this horrible plague. that's the largest investment in indian country in u.s. history. there's never been an investment that big in indian country. we need every american to help protect our fellow citizens and prevent the spread of the
5:35 am
disease. it's critical that younger americans remember that even though they are at lower risk and, in fact, some are, some age groups are at extraordinary low risk themselves, they can the unknowingly spread the virus to others who were at higher risk. i ask all americans regardless are of background or age to practice social distancing, which people are gotten very used to. but we have to keep doing it. remain vigilant about hygiene, avoid indoor gatherings and large gatherings but especially indoor, especially where you have crowded bars that you wear a mask whenever appropriate. through the genius of our scientists, the devotion of our doctors, the skill of our workers expect dedication of our people, we will achieve victory over the virus and emerge stronger than ever before. we're looking at a very powerful year next year economically. the job numbers are looking outstanding, to put it mildly,
5:36 am
set records. the numbers on retail, retail sales, came in two weeks ago. at the highest number in the history of our country. so we look like we're heading to some very, very good economic times. that means jobs, that means stock market. stock market already doing very well. it's getting to a point very close to where it was when we had this, when we were hit with the plague. so i just want to thank everybody for being here. steve, please, go ahead. >> could you clarify your acceptance speech for the republican nomination, are you physically going to be in charlotte, or will you give the speech here or somewhere else? >> we'll be doing a speech on thursday, the main speech, the primary speech. shar hot are, they will be doing -- charlotte, they will be doing nominating on monday. that's a different period p a different thing happening, but they'll be doing nominations on monday. i speak on thursday. okay? >> from where? >> we'll be announcing it soon.
5:37 am
>> so you could be going to charlotte? >> anybody have any ideas? we'll be announcing it very soon. [inaudible conversations] >> mr. president? >> the negotiations are ongoing right now for the next relief measures. republican, senate republicans are put forth their plan. do you support what senate republicans put forward, and are there certain aspects that you don't support? >> yeah, there are, actually, and we'll be talking about it. there are also things that i very much support. but we'll be negotiating. it's sort of semi-irrelevant because the democrats come with their needs and asks, and the republicans go with theirs. so we'll be discussing it with mitch and all of the other people involved. kevin's been very active, as you know. all of the people involved. steve mnuchin's done a great job, keeps everybody together, both democrat and republican, and we'll see. we want to do what's best for the people. i want to do what's best for the
5:38 am
people. i want to do what's best for the economy because that means jobs and lots of good things, all right? >> [inaudible] >> mr. president, a few questions, please. first, can you clarify your position on the efficacy of hydroxychloroquine after you with retweeted a video making claims that -- >> the recommendations of many other people including doctors. many doctors think it is the extremely successful. the hydroxychloroquine coupled with the zinc and perhaps the zit promy sin. many doctors think it's extremely good, and some people don't. some people i think it's become very political. i happen to believe in it. i would take it. as you know, i took it for a 14-day period, and i'm here. right? i'm here. i happen to think it's, it works in the early stages.
5:39 am
front-line medical people believe that too, some, many. and so we'll take a look at it. but the one thing we know, it's been out for a long time, that particular formula, and it's what, essentially, what it is. it's been for ma lair a ya, lupus and other things. -- malaria, lupus and other thingses. it's safe, it doesn't cause problems. i had no problem. i had absolutely no problem, felt no different. didn't feel good, bad or indifferent. and i testedded, as you know. it didn't get me, and it's not going to, hope any, hurt anybody. so we know from that standpoint because it's been so many years from a safety standpoint it's safe. i happen to think based on what i've read -- i've read a lot about hydroxy. there were some very good tests at ford, expect doctor from yale came up with a very, very strong testament to it. there was a group of doctors yesterday, a large group, that were put on the internet, and
5:40 am
for some reason the internet wanted to take them down and took them off. i guess twitter took them off, and i think facebook took them off. i don't know why, i think they're very respected doctors. there was a woman who was spectacular in her statements about it that she's had tremendous success with it, and it took her -- >> [inaudible] >> i don't know why they took her off. maybe they had a good reason, main they didn't. i don't know. i can only say that from my standpoint and based on a lot of reading and a lot of knowledge about it, i think it could have a very positive impact in the early stages. and i don't think you lose anything by doing it other than politically it doesn't seem to be too popular. you know why? because i recommend it. when i recommend something, they like to say don't use it. john, please. >> on that note, mr. president, last night in tweets that were deleted by twitter you said that dr. fauci misled the country about hydroxychloroquine?
5:41 am
how so? >> no, not at all. i don't even know what his stance the is on it. you know, he was at the task force meeting a little while ago. i have a very good relationship with dr. fauci. you know, it's sort of interesting, we've listened to dr. fauci. i haven't always agreed with him, and that's, i think, pretty standard. that's okay. he did not want us to ban this, put up the ban to china when china was heavily infected very badly, wuhan. he didn't want to do that, and i did and other things, and he told me i was right, and he told me i saved tens of thousands of lives which was generous, but, you know, i think it's fact. i did the ban on europe. but i get along with him very well, and i agree with a lot of what he said. so, you know, it's interesting, he's got a very good approval rating, and i like that. it's good. because, remember, he's working for this administration. he's working with us, john. we could have have gotten other people. we could have gotten somebody else. it didn't is have to be
5:42 am
dr. fauci. he's working with our administration. and for the most part, we've done pretty much what he and others, dr. birx and others who are terrific, recommended. he's got this high approval rating, so why don't i is have a high approval rating with respect -- and the administration -- with respect to virus? we should have a very high because what we've done in terms of -- we're just reading off about the masks and the gowns and the ventilators and numbers that nobody's seen and the testing at 55 million tests. we tested more than anybody in the world. i are a graph that i'd love to show you -- i have a graph that i'd love to show you, perhaps you've seen it, where we're up here, and the rest of the world is touch at a level that is just a tiny fraction of what we've done in terms of testing. so it is curious. a man works for us, with us, dr. fauci, very closely -- and dr. birks also, very closety but nobody likes me. it could only be my personally.
5:43 am
>> dhs announced it is going to take a thorough review of the daca program. you had mentioned after the supreme court ruling about daca that you were thinking about a path to citizenship for daca recipients. are you still -- >> we're going to work with a lot of people on daca, and we're also working on an immigration bill, a merit-based system which is what i've wanted for a long time. that decision was an interesting decision because it gave the president, as the president, more power than many people thought the president had. so the president is now, which happens to be me, in a position where i can do an immigration bill and a health care bill and some other bills. and you've seen some of them come along. we're going to do tremendous. we just signed it three days ago, we're doing tremendous prescription drug price reductions. tremendous. it could be over 50%. whether it's favored nations clauses or anything else, i
5:44 am
mean, it's tremendous number we're talking about. you know, you go to some countries, and they'll sell, like, a pill for 10 cents, and then the united states it costs $2. and it's the same basic factory, it's the same everything. the united states bears the cost of all of these hoe prices that you see all over the world. people go to qanta to -- canada to buy prescription drugs from the united states. it's not going to happen with me. it's not going to happen with me. so, john, one of the exciting things got very little coverage and that's okay, but the people understand it, i think we will be reducing prescription drug prices by massive amounts, numbers that have never been done before. other thing, in 51 years we got, as you know last year, drug prices came down. first time in 51 years that they came could could down. now, with what i signed last week, i think that drug prices can come down by numbers like
5:45 am
50% and even greater in certain instances. >> if i could come back to where i originally started, are you still considering the path to citizenship for current daca -- >> we are going to make daca people happy and representatives and people happy, and we're also going to end up with a fantastic e merit-based immigration system. please. >> yeah, mr. president, on the -- [inaudible] you had said the pharmaceutical representatives would be here today for a meeting to talk about bringing drug prices down or negotiate. that meeting was canceled. why? >> i didn't know a meeting was canceled -- oh, a meeting -- >> you said there would be a meeting today with drug companies. >> well, i said there would be a meeting,, yeah, meeting sometime this week. they want me. i don't know that it was canceled. they want to meet. i thought the meeting was actually scheduled for tomorrow. >> [inaudible] >> i thought the meeting was scheduled for tomorrow. sorry about the dates. see how upset you are -- go ahead, bloomberg. you look like mr. bloomberg, go
5:46 am
ahead. >> thank you, mr. president. supplemental unemployment aid, if that -- [inaudible] isn't completed by the end of this week -- >> we're going to take care of the people. yeah, it's a good question. we're going to take care of the -- >> mr. president, the woman you said is a great doctor in that video that you retweeted said that masks won't work and there is a cure for covid-19, both of which health experts say is not true. she's also made videos saying that doctors make medicine using dna from aliens and they're trying to create a vaccine from -- >> maybe it's not. i can't, i can tell you this, she was on air along with many other doctors, and they were bug fans -- big fans of the drug, and i thought she was very impressive in the sense from where she came, i don't know which country she comes from, but she said that she's had tremendous success with hundreds of different patients, and i thought her voice was an important voice, but i know
5:47 am
nothing about her. [inaudible conversations] >> last week -- >> okay. thank you very much, everybody. thank you. [inaudible conversations] lou: president trump wrapping up his news conference at the white house, taking a number of questions of varying degrees of relevance from the white house press corps. [laughter] the president touting his administration's new $765 million deal with kodak to bring medical manufacturing for generic prescription drugs back to the united states. the president noting that 90% of all medical prescriptions in the united states are for generic drugs, and he is saying that, in point of fact, his campaign cut drug prices will pay off within the first year with. the president even though drug prices for the first time in a 51 years, as he pointed out, declined last year, and he's promising to continue what he
5:48 am
called the largest onshoring campaign in american history; that is, inverting the outsourcing of jobs and the offshoring of production plants as he continues to bring back more jobs to america. we're joined once again by just the news editor-in-chief john solomon who has been listening to the president as all the rest of us is have. your takeaway right now from the president's expedited, i think is what we would call it, expedited press conference. very succinct, very direct, clearly wanting to get out those important messages on drug reduction and bringing kodak into the effort to reduce american dependency on china and india for pharmaceutical intermediates. >> yeah. listen, this is a different president. he's no longer getting dragged into the gotcha game with
5:49 am
democrats in the media. he talks over them, he gives the american people his record, his plan, new jobs, and he's staying out of getting dragged into these silly debates that all the news media gotcha people want to have. i've been to rochester, new york, he worked with the democratic governor, andrew cuomo, to get that deal done. those are the sort of stories that in any other administration would be on the front page, would be leading the newscast. will it be tomorrow? have to wake up in the morning to see, but this is front page news that the president is committing. he's fulfilling these promises one by one. the prescription drug plan is historic. it's going to lower prices in ways that everyday americans -- not coastal elites because they have enough money, but everyday americans are going to benefit. more money in their wallet, more medicine in their cabinet to help them. these are extraordinary accomplishments that, i think, often get overlooked in the silliness. lou: and i suspect most americans don't realize that their drug prices did decline
5:50 am
last year for the first time in a half century thanks to this administration. john solomon, thank you for bearing with us, and we appreciate it. i look forward to seeing you soon. we've got a lot of issues to catch up on. we'd like to hear your thoughts about all of this. share your comments and follow me on twitter@hugh dobbs. like me on facebook, follow me on instagram president lou dobbs tonight. former civil rights act bob woodson, attorney sidney powell among our guests tomorrow. we hope you'll join us. i'll be interviewing president trump next week, please join us for that as well. up next, u.s./china tensions escalating in the south china sea. michael pillsbury joins us in a few minutes. stay with us. a reminder about my new book, preorder yours, "the trump century: how our president changed the course of history forever." the book is now available for preorder at trumpcentury dodger amazon.com, wanter and noble --
5:51 am
barnes & noble. preorder yours. stay with us, we'll be right back. my age-related macular degeneration could lead to vision loss. so today i made a plan 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 recommended by the national eye institute to help reduce the risk of moderate to advanced amd progression. it's how i see my life. because it's my vision... preservision.
5:52 am
5:53 am
5:54 am
welcome to camp tonsafun on xfinity! it's summer camp, but in your living room. learn how to draw with a minions expert... how to build an indoor obstacle course! plus... whatever she's doing. and me, jade catta-preta. the host of e's the soup! camp tonsafun. it's like summer camp, but minus the poison ivy. unless you own poison ivy. in which case, why? just say "summer camp" into your xfinity voice remote to join. ♪ ♪ lou: australia and the united states reaching a major security agreement. i want to bring in michael
5:55 am
pillsbury, director of the center for chinese strategy at the hudson institute. how big a deal is this,sing how important is it for the indo-pacific region? >> lou, i think it's a big success for the region and for president trump. just about everything president trump has been doing on china has now been endorsed in this agreement with the australians whether it's 5g, rare earths, south china sea, illegal claims by china, cyber attacks. it's really quite impressive to get an ally to sign up for every single thing. lou: it's impressive that there is agreement on those claims by china in the south china sea regarded as invalid by all of the partners to this agreement, the references to japan. is japan a reliable ally as the cold war is intensifying with china? >> japan's under pressure from china, lou, no doubt about it.
5:56 am
there's just too much economic integration. so the japanese are trying to decouple from china. they've passed a billion dollars now to help their companies decouple, but there's still a very close relationship. lou: dr. mike pillsbury, brief but potent. thanks very much, appreciate it. stay with us, we're coming right back....
5:58 am
5:59 am
♪listen to our elders shunning, shunning♪ ♪all we see is faces, color, color♪ ♪all the other races, other, other♪ ♪why can't you just be my brother, brother?♪ ♪we don't have to kill one another, kill one another♪ ♪all around the world, we are one, we are one♪ ♪all around the world, we are one♪ ♪so where did we all go wrong?♪ ♪woo ♪where did we all, where did we all go wrong?♪ ♪love, love, love, love ♪love, love, love ♪(love is our only hope) ♪love, love, love ♪where did we all? ♪.
6:00 am
lou: that's it for us tonight. and, i want to let you know i'll be interviewing president trump next week. we haven't decided on the exact date. so you have to join us each day to find out. be sure to join us. reminder to preorder "the trump century." good night from maria: good wednesday morning, everybody. thank you so much for joining us. i'm maria bartiromo, top stories right now 6:00 a.m. on the east coast. big day in washington. big tech on the hill. ceo of apple, google all appearing, what's at stake for industry giant and how does it affect you. battle over stimulus is on. differences between republican and democratic plans and how they impact your wallet coming up. it is fed day, investors listening close through what jay powell will say today about the economic impact of coronavirus after the central bank
34 Views
IN COLLECTIONS
FOX BusinessUploaded by TV Archive on
![](http://athena.archive.org/0.gif?kind=track_js&track_js_case=control&cache_bust=2127072514)