tv The Claman Countdown FOX Business January 6, 2021 3:00pm-4:00pm EST
3:00 pm
were, but the big news has shifted to washington, d.c. and what you're look at on capitol hill as i hand it over to liz claman. liz: yes. charles, we need to get this right off the bat that we can now report a mass security breach is in progress at this very moment at the united states capitol. congress in process, of course, to certify the electoral college votes, that has now been halted. capitol hill is on lockdown after pro-trump marchers stormed the building. we are hearing all kinds of reports that chaos is erupting inside. a massive security breach as pro-trump protesters as we are hearing from our reporters inside the capitol building. tear gas has already been used, members of congress have been wearing gas masks as security attempts to bring things under control. they're not quite there yet. these pro-trump protesters, and you can see what we have here is a camera outside.
3:01 pm
we've got reporters inside at the moment, but these people gathering have put together a trump rally earlier where the president did speak, and he did mention let's all walk down pennsylvania avenue. he did not himself walk down pennsylvania avenue. he returned in a motor cause to the white house -- motorcade to the white house. but by planting that seed, they immediately began marching and the, of course, have now taken over. the world watching as you can see clouds of let's call it thousands. i don't have an exact number at the moment, but clearly with all of the flags that say trump for president, you can see this is a solidly pro-trump group. vice president mike pence, we understand, has now been moved to a secure location. and and i am being told that both chambers of congress have moved to reaccess their respective debates -- recess their respective debates regarding the challenge to arizona's electoral votes. of course, they were going in
3:02 pm
alphabetical order. alabama, alaska, arizona, and that is when this all began. to edward lawrence. our edward lawrence is inside the capitol building which is locked down. edward, what have you heard, what are you seeing right now? >> reporter: yeah. we're in the capitol complex, and this is all happening inside the u.s. capitol as well as on the house side many those buildings. the house buildings, the support buildings for the u.s. capitol on the house side, have been evacuated. the capitol building itself has a shelter in place order telling people to move away from the windows who are working there, also stay out of the hallways, stay where they are. capitol police are inside the capitol. there are protesters that have gotten into the house chamber. in fact, there was one protester at the dais where you normally see house speaker nancy pelosi, hands in the air saying president trump won this election. capitol police are inside the building trying to figure out how to get this situation under
3:03 pm
control. they do not know how many folks possibly have weapons inside or how many people are spread throughout that building. there's a lot of small hallways that sort of go left, right. it's sort of a maze inside the u.s. capitol building. capitol police in full riot gear having to go through that area, as well as handing the crowd -- handle the crowd outside. clearly more than 10,000 people are outside on the steps of the capitol. i'm hearing sirens almost ad nauseam as more support is coming in for the capitol police in this area. we have fire trucks, police as well as other officials trying to figure out how to get the situation under control inside the u.s. capitol. again, everyone, the world is watching this as well as the markets, as you know, liz. liz: well, do me a favor, edward. look, can we take edward's shot for a second? what we see behind you is an emptying hallway. are you seeing any police there? what have you seen, and do we
3:04 pm
all watch as the members of the house and senate are under lockdown but at least are safe? and, by the way, we are hearing that kamala harris, vice president-elect, is safe. she, of course, was there the as a senate member. >> reporter: i've seen a lot of the capitol police the moment the house side and u.s. capitol had problems, capitol police locked down this building. i've seen a number of police on the outside of the building that i'm standing in the here which is on the senate side of the u.s. capitol. and this building is locked down which is the reason you're not seeing none around me, near me. but i'm looking out a window right here, and you can see a lot of protest ors that are walking back and forth outside this door in front of me, a lot of them have american flags and signs they're holding just walking around this complex in the area, the pictures you're seeing there on tv. liz: yep. and, in fact, let's talk that picture on the left full of capitol hill. you can is see we've got a couple of. camera angles directly at that building. what you can see at the moment
3:05 pm
is a crowd with lots of flags, and they have gotten right up to the door of capitol hill. but, again, protesters -- according to you, edward -- have breached the house chamber. >> reporter: yes. liz: where were we in the process? and let me just point for one minute to the markets which have been remarkably resill credibility, unbelievably here -- resilient. dow is still up 368 but had been up considerably higher. >> reporter: what happened was the first objection had happened, and that was arizona. it was the third state being read. so then the joint session paused, and the senate went to their side, the house want to their side to debate that the. that was going to be about a three hour process to debate and come back together. and the vote would come in, the votes from senators and from house members. it would take a majority of the senate and a majority of the house to reject those electoral college votes that were unsealed. that is unlikely to happen. in fact, the vice president are leasing a statement before all
3:06 pm
of this started that he would be there to oversee the opening of the electoral college votes, he would be there for the objections and to listen to that, and then he would be there for this vote and to certify that vote once it happened as set in the constitution, the law and history is the way he put it. is so what had happened now is because of all of this, that has now paused. we were in the middle of that debate, probably about an hour or so, hour and a half into the debate on both the house and the senate side before they were automobile to have their votes and come back together in joint session and reveal what those votes were. so this system -- or this has been paused. as it was, we were looking at going well into the night. this is going to push it most definitely into tomorrow. we have six states that are going to be objected to from a number of lawmakers, is what we understand. so of those six states, each process takes about three to four hours, and it's that same process with where the joint sen will be paused, they'll go back to their respective chambers and
3:07 pm
then come back with the vote. liz: i've been, edward, looking at president trump's twitter feed at the moment. all he is basically said -- all he has basically said is that people should support our capitol police and law enforcement, they are truly on the side of the country. stay peaceful. well, that rings a bit hollow because the capitol police are in riot gear on the inside right now. they have tried to barricade the chambers. but we are seeing from at least one reporter who has posted a picture,'d ward, inside -- edward, inside the chamber that shows one protester who's actually on the dais yelling trump won the election. folks, this is unprocess dented, to have had not only the electoral vote event interrupted -- >> reporter: and, liz -- liz: yes, go ahead. >> reporter: i do want to, one point. i'm from washington, d.c., born and raised, and i've been through a number of inaugurations in my lifetime, and this process in my lifetime, i have never felt the tension
3:08 pm
that you with feel right now in the air. and at the moment, the outside protesters are generally peaceful on the outside. but you just feel that tension in the air if there is some sort of spark, that's what the capitol police are trying to quell at this moment before this becomes a larger problem. liz: let me just read this from politico reporter olivia beavers. she is saying that she's on the inside. police have guns drawn. we are hiding behind chairs and tables on the house gallery. in washington, d.c. right now we've managed to get bernard carrick on the phone. he is the former nypd commissioner who has had his share of experiences with big crowds and riots, certainly. bernie, tell me exactly what you think here and you give us a sense of whether this is a powderer keg about to explode. >> well, i don't think it's a powder keg about to explode. i think people are angry, they're upset, you know?
3:09 pm
i just heard one of your -- whoever was speaking before you said, you know, he's been through a number of inaugurations like this. there's never been an inauguration like this. there's never been anything like this where the election was spoal -- stolen from the president. that's my personal opinion, but that's probably the opinion of 75 million other peoplement i understand people are upset. however, that doesn't give you the right to storm the capitol, to engage in any kind of act of violence. i know the president put something out, giuliani did, i dud. nobody should engage in violence. nobody should be storming the capitol. i think there's a way to peacefully protest, and i think that's what they should be doing. liz: at least on the outside, it looks peaceful. however, they've breached the house chambers. you do have the entire capitol under lockdown. this began happening right
3:10 pm
before the 3:00 hour when pro-trump ralliers and protesters began marching down pennsylvania avenue. this entire electoral college are vote was a very tense situation because there were going to be senators who were protesting it, and they were going to object state by state, wouldn't you have thought there was a perimeter set up where nobody could get within at least a block or two of this area? >> keep in mind, liz, i don't know what the number is, but i would bet -- i was actually at the rally with the president and the mayor. i don't know what the numbers are, but i would bet in the hundreds of thousands of people. that's a big crowd, and they left the rally and they marched down to the capitol.
3:11 pm
you know, the capitol police -- liz: bernie, i don't mean to interrupt you, but the president did say let's walk down pennsylvania avenue. he almost -- well, almost, he he encouraged them to simply take on that statement. >> well, it's a march. that's what this whole thing was. it's a march for donald trump. that's what it was. all you had to do was look in the crowd. everyone had jackets on, everyone had flags, march for donald trump. you know? but what the president didn't say is storm the capitol. so let's not talk things out of context. -- take things out of context. bottom line is the capitol police and the washington, d.c. police probably could have done a better job on creating a perimeter. i don't like to create size them especially when i'm not -- criticize them especially when i'm not involved in the process. but i will tell you this also, liz, the people outside of the capitol, they're not engaging in violence.
3:12 pm
i don't know about the inside. i haven't seen the inside. i only though no things that are being reported. but on the outside of the capitol, things are pretty peaceful. people are just hanging out, they're yelling, their screaming, they're hollering, but they're not engaged in violation. i can't talk inside the capitol, the i'm not inside. liz: understood. thank you very much, bernard carrick, former commissioner of the new york police department. we appreciate it. we now have on the phone representative mark green, the congressman from tennessee who is, i would imagine, locked down in your office, representative? can you describe what happened and what is happening right now in. >> yeah. thanks for having me on, and i just want to say to the folks out there, you know, i am one of the guys who objected to these, some of the states' electoral college process, you know, many different reasons, but i just want to say to all those folks we can't have this debate while this goes on.
3:13 pm
so we just need to get folks calm, out of the complex, and let us do this frontally. this is not the right -- appropriately. this is not the right way to handle this process. the debate cannot go forward if this continues. when i left the main chambers, it sort of broke loose right after i left, so i was not there -- liz: okay. >> -- as the people stormed. but right now we're sort of in a secure place, my office staff is in a secure place, and i understand they've employed tear gas in the chamber to try to get it cleared. they've employed tear gas throughout the capitol to try to get it cleared, and that's the current situation as far as i know it. liz: okay. you are a combat veteran. >> yes. liz: tell me what your initial gut reaction is for you and your staff at the moment to stay safe if anything were to happen. at the moment we understand at
3:14 pm
least some of the protesters have breached the inner chambers, but we at the moment can't really see that. we don't have a camera inside. >> yeah, i'm not fearful for my safety right now based on where we are. we've gotten to a safe place. my staff is in a safe plus. i'm concerned for our -- safe place. i'm concerned for our country and, of course, concerned for what the appearances that this looks like on the world stage. but my personal team is safe. i did have one individual say that the images of this looked a lot like the storms of the iranian embassy back, you know, years ago. this is just something we never believed would ever happen in america. liz: we know that vice president mike pence has been moved out of the area, he is e reportedly safe. vice president-elect camilla headquarters -- kamala harris who had been part of the process
3:15 pm
having been a california senator, being a california senator, is also safe. but do you get sense that anything is easing at the moment? we are looking, just so that you know, we are looking at pictures, live pictures of, you know, i say a significant crowd although former police commissioner of new york city bernie keriking said he had seen hundreds of thousands marching down pennsylvania avenue. >> yeah. i'm -- i have is the to the images on the outside of the building, and there are, i mean, there's well over a thousand people outside the building and around it. inside the capitol there is, you know, an untold number. i saw at least what looked like a hundred or so moving through the rooms really surrounding, basically surrounding all the office buildings. i'm not sure that there's really outside any secure area right
3:16 pm
now. liz: you saw hundreds of these people? >> yeah. there are people just -- yes, absolutely, moving through the capitol complex. liz: my goodness. never seen anything like this, congressman? >> no, not in america. i've seen it in foreign countries, you know? i've seen it in iraq but nothing like this in america. liz: all right. stay with us, congressman. >> will do. liz: president trump is tweeting right now, quote: i am asking for everyone at the u.s. capitol to remain peaceful. no violence. remember, we are the party of law and order. respect the law and our great men and women in blue. thank you, exclamation point. is that enough? should he, congressman, be saying clear the area? this is unacceptable? >> i think it'd be really great
3:17 pm
if the president would ask them to leave so we can get on with the debate. i mean, if i were to ask the president to do anything, of course be peaceful, but it'd be great to ask folks to leave so we can get this debate on. liz: yeah. i'm quite sure knowing that the debate is procedural and that vice president pence has come out and said, by the way, and as you know vice president pence has put out a statement, and he was very clear saying after a careful look at the constitution, our laws and our history, let's see, vesting the vice president with unilateral authority to decide presidential contests would be entirely antithetical to the constitution. meaning, doing what president trump had asked him to do, which is put a top to and then reversing -- a stop to and then reversing the win for joe biden, is antithetical to the
3:18 pm
constitution. do you agree? >> yeah, i don't know anywhere in the constitution where it gives the power to the vice president to give a thumb's up or thumb's down to the election. i do think that the constitution's pretty clear that we as the congress get a vote on this. i mean, that's clear in the constitution, in the laws that have, a banded upon what the constitution -- expanded upon what the constitution says there. so i think we in the congress have a say, and that's what we will be voting on today. liz: of course. >> but the vice president does not have unilateralling authority to do that, not at all. liz: yeah. and he said is so himself, and it'll be a development we are watching every minute. congressman green, you and your staff please stay safe, you know, keep in touch because we'll keep you on the phone in anything happens. at the moment what we're going to do is keep these pictures up as we continue to watch something up precedented happening on our television screens, something that
3:19 pm
according to representatives, to senators, to lawmakers, to historians has never been seen before. we are just hearing now that house speaker pelosi, nancy pelosi, has been evacuated and safe. she is currently safe along with vice president pence, kamala harris and, as you heard from the great state of tennessee, congressman green. you see the crowd. it is peaceful for the moment. however, we don't know what's going on inside the house chamber. we do know that guns have been drawn on the house floor. we're believing at the moment that those are capitol hill police. but this is an unprecedented situation where an entire electoral vote procedure to certify the electoral votes for the win for president-elect joe biden has now been slammed on the pause button at the moment. you are also seeing on our screen as a business network that the dow jones industrials
3:20 pm
is holding on to gapes of 450 -- gains of 450 points. let's bring in our traders who can weigh in on, i guess, the resilience, teddy, of what we are seeing at this very moment. the market's still holding on to decent gains here, dow, nasdaq, s&p, russell going into this hour were all at record highs. not the nasdaq, but the dow, the s&p and the russell. what do you think is at work here when it comes to traders and investors? >> well, cheerily the market -- clearly the market is extremely resilient considering what's going on as a backdrop at the moment. but i think what the market is saying that cooler heads will prevail, that things will calm down, and we shall move ahead with the political process. and so if we focus on the political process and the change in administrations, clearly since the election, liz, we have seen a not-so-subtle shift away
3:21 pm
from tech to what would be considered more value-oriented stocks. and today it seems to have kind of all caught on fire in a positive way because as we get closer and closer to this change, people are thinking more stimulus, people aring thinking perhaps, you know, an infrastructure bill. so a lot of the value names that have been more or less left in the dust for the last 12-18 months have all of a sudden come to life. and the negative, though it is clearly, i don't think, a long-term negative, but the very short-term negative is that the large cap techs for one reason or another just are not performing that well. i'm not sure that this is a permanent shift, but clearly it is a shift for the moment. liz: sure. i do want to let you know this, that on fox news kevin mccarthy, the house minority leader, is describing what is happening right now at the capitol as, quote, un-american.
3:22 pm
un-american. he just said that on fox news. again, we do have a crowd of -- you know, i'm not going to call that hundreds of thousands. i will say several thousand, but we don't know how many have actually breached the capitol and gotten in. we are showing some tech titan it is right now because teddy just referenced them. they have been resilient, obviously, over the last 6-8 months. at the moment, they were pulling back on the belief that, perhaps, there would be more regulation under a biden presidency or administration. i want to look at the volatility index right here, that's the fear index. it had been down 10% going into, i want to say 2:30 p.m. eastern, i checked it, it has now lost all of that level and has now popped up about 1.3%. so there is fear in the markets right now even as we continue to see the s&p moving higher by about 25 points, gains on stocks. who have we got, phil flynn?
3:23 pm
phil, give me a sense of the vix and what we're seeing with volatility and, you know, on any other level why stocks are holding up so well. >> you know, i think it's really a testament to how things have changed over the last couple of years. you and i were on the air, i don't know if you remember, i'm sure you do, when we had the flash crash, right? and the flash crash was predicated by people storming the greek parliament. liz: right. that's right. >> -- mini crash, i don't want to call it a crash, it was a mini correction, a little bit of a selloff as we started to see this. and i think the market concerned, but i think that they, from what they're hearing early on that the protests even though they're total out of line for going into the capitol have been not very violent. most of the people there have been fairly well contained. but what's happening is out of control, and we're going to have to watch this a little bit. we even saw it affect the commodities a little bit.
3:24 pm
the metals, even the oil took a quick dip as the vix rose. now, the oil came back and reclaimed $50, but, you know, it's very unusual to look at some of these geo political events and how it can affect different commodities. you would think we'd see a rush into some of the risk-averse currencies like gold and silver, but actually the initial move was down. they are coming back up a little bit. so it does seem like the markets are now kind of regaining their momentum. possibly some of the comments that are coming out of the, from the members of congress, you know? most of the members of congress are safe and, hopefully, they'll get it under control, and this will just be a bad memory later today. liz: you bring up that excellent point about greece. that was the flash crash, obviously, and i specifically remember because my then-co-anchor david asman and i were reporting on live pictures -- of course, it was several hours ahead, so it was dark, and in greece they were
3:25 pm
throwing molotov cocktails at the parliament, and then they stormed it, and that's when we dropped a gut-churning 600 points here in the u.s.. we are not seeing anything like that right now with our markets. again, this crowd appears to be a peaceful at the moment. but kevin mccarthy, republican from california, is saying this is un-american. he is also reporting that shots have been fired inside. that according to capitol hill police. what do these pictures say, we could ask, to america's allies? we know that around the world people are watching just as you are watching. let's bring in leland miller. he is head of the china beige book international. leland, give me a sense of -- because with going into today tension with u.s. and china and, listen, china, they've got nothing to complain about. they have just arrested 53, you know, people who obviously are against the government in hong kong, the chinese government in hong kong. but what is going true your mind
3:26 pm
as -- through your mind as somebody who knows the mind of china? >> well, a lot of what's going on right now is, you know, a big p.r. contest between china and the united states and its close allies. [laughter] certainly, we're not putting our best foot forward today. you see what's been happening in hong kong, there's been a quite steady devolution into a closed system that doesn't resemble in any way the hong kong we knew aer year or two ago. and so, you know, it's better to be able to contrast the chinese system of clampdowns with the u.s. model. but, you know, maybe today's not the best day to be able to do that. liz: uh-huh. uh-huh. what do you sense will be the relationship with the vice president and president-elect joe biden and kamala harris with china? you know, there's this belief that somehow joe biden would be easier on them or at least let the tensions similar or down, but he's had some hawkish talk about china, has he not?
3:27 pm
>> yeah. i don't think anybody could become president right now and run a dovish policy on china no matter who they are or what their track record is. certainly, biden will be hemmed in by congress. he's going to be hemmed in by political sentiment from both sides of the political spectrum that are very, very kept school on -- skeptical on china. really different issues on the different sides, but everyone's gotten just a really tough on china mindset right now. so i think at the beginning he's going to want to turn inward. he'll have a very difficult time pulling back anything president trump did simply because he's not going to want to use the political chips to do that. he's going to want to spend them on the domestic side. but this biggest, most important relationship we're going to have is understanding what u.s./china policy's going to be over the next couple of years. so he is going to have to put a lot of elbow grease into developing and carving out his own policies, and he's not going to be able to pull back. liz: got it. leland, with all the breaking news, we appreciate you coming in to at least weigh in on this.
3:28 pm
we need to go back to edward lawrence who is on capitol hill inside. and you have got some breaking news, edward. >> reporter: yeah. fox news has learned that a shooting victim has been taken from inside the u.s. capitol and is now on the way to the hospital. we don't have any other information about where that happened, who it was, who did the shooting. we do know that one person was shot and taken from the u.s. capitol to the hospital. that happened about 30 minutes ago or within the last 30 minutes. we also know that those protesters inside the house and the senate chambers were trying to barricade the doors using tables and other bookcases and oh things that were inside -- the things that were inside those chambers to keep the capitol police outside while they are inside those senate chambers, the senate and the house chambers respectively. so, again, the situation trying to get under control at the moment. you heard, as you said, tear gas was used inside the capitol. kevin mccarthy, representative mccarthy said there was gun fire inside the u.s. capitol,
3:29 pm
and now we know that a shooting victim has been taken from the capitol to the hospital. liz? liz:'d ward, thank you, i think. this is not good news at all. a shooting victim has been transported from the u.s. capitol. we do not know whether that was a police officer, a journalist or perhaps one of the protesters. we do not know at the moment. but on the way to the hospital. as we look on the left side of the screen, you can see that there is a complete standstill on the streets surrounding capitol hill. i would imagine that is also happening anywhere near the white house. on the right-hand side, you can see that there are still protesters milling around. these are pro-trump protesters who starting in the 2 p.m. hour had begun marching down pennsylvania avenue. they ended up at the capitol, and then stormed the capitol. edward lawrence, of course, reporting that that people on the inside of the chambers have tried to barricade it, but i can see verified accounts of
3:30 pm
journalists have pictures of at least one person on the dais, a protester on the dais, who has taken over and has a bullhorn and is yelling trump for president. tell me who we've got now, brad? we've got teddi still? teddy -- teddy still? again, we've actually even built upon -- [laughter] the dow's entry point at the top of the hour which was about a 400-point gain. we're now up 454. we're not too far from sundown. with know that things get a lot worse around sundown. do you think at some point we'll see where the police have to move in and move this crowd? >> well, you know, i would think so. listen, liz, you can't dismiss the ugliness of what's going on. it's uncalled for, so forth and so on. but i, you know, i really do believe and i would hope a lot of your viewers and you believe that calm will prevail and
3:31 pm
things will calm down. obviously, the juices, the political juices are flowing quite strongly at the moment. but at the end of the day, the much bigger picture is -- [audio difficulty] what that will mean -- liz: press the reset -- okay. we're losing you just a bit. met us press the reset button. it is half past the hour, 3 30u p.m. on the east coast for those of you just joining us. we do have a tense situation developing on capitol hill. we have thousands upon thousands of pro-trump protesters who have stormed the capitol. on the outside it appears peaceful at the moment, thankfully. on the inside, gunshots have been fired. one victim has been taken to the hospital as you see on our lower third banner, and we understand that the inner chamber where the electoral college vote certification process had been in play, at the very beginning
3:32 pm
we were only at arizona, you go through alphabetically through the states, arizona, that is when the inner chambers were breached. and and as far as we can tell considering the fact that they were breached, capitol police may have been overwhelmed. we do not know. but they are in riot gear. our edward lawrence is there. he's on the inside too. and we have spoken to representative mark green, republican from tennessee. he is a veteran. okay? if he is a combat veteran. he is very unhappy with the situation right now. he, he is unhappy with the fact that the president has not gotten out there and said clear out. president has simply said, you know, take care of our capitol hill police, they're great men and women. but you can see on the upper orer right here -- is this a live picture, brad? right there on the right? it appears that we do have -- i'm going to guess those are police? i don't know, but they're wearing gas masks and backpacks
3:33 pm
and bulletproof vests. from what we can see, they are calmly walking outside the capitol -- oh, yes, here we go. all right. it appears that the riot police are moving in. they are walking. they have helmets on. they have face shields and gas masks. so perhaps we're looking at the very moment where we might start to see this crowd begin to disperse perhaps? we can only hope it will be safe because at the moment the entire capitol is locked down. it does not at the moment appear that the these riot police moving in toward the front of the capitol. what we know when these things happen with police is that they will gather and they will have their plan put together. what is quite surprising though is that simply this was ever allowed to happen. that the chambers, the inner chambers of capitol hill of the united states congress have been
3:34 pm
breached by protesters. and, listen, it's not a shock that we see during, you know, house events, committee vents where people will run in and yell something, you know, during confirmations, etc., of, you know, judges and different people for the cabinet. people can come in. they've got signs, they're thrown out. but this has really taken it to a different level. we're also seeing pictures from, as i said, from verified accounts on twitter of journalists who are inside the chamber who show protesters have gone up on the dais. now, what does that mean for everybody? that means that everybody who was in there, all the congressmen and all the senators were on lockdown, they were all evacuated. we now know that about 200 state troopers from the virginia national garreed are move -- guard are moving in to washington d.c. and at the moment, i want to
3:35 pm
really stress this remains calm, and you can see markets are not shaken. they may be a little stirred at the moment, but the dow is still up 445 points. the transports still gaining 334 points. the s&p 500 up 27. just checking, i believe that would be just below a record. the s&p needs to see a gain of 29 for a record. so that in and of itself is quite stunning, that we are looking at a dow record and a russell 2000 record when we see something that this nation has not seen before, and that is that this huge group of protesters and trump supporters have been allowed to get as close and then on the inside. do we have edward lawrence at the moment? can we, can we get edward lawrence? >> reporter: yes. liz: okay. edward, can you tell me now what you're hearing? >> reporter: about which situation, what's going on right now inside the u.s. capitol is that capitol police are systematically trying to go
3:36 pm
through and move some of those people out of the hallways that have clogged their way as they're trying to get into the chamber of the house side and the senate side. you've seen some of the video come in of them moving people down the hallways in custody as they're moving them out of the capitol complex to got ahold of what's going on inside the u.s. capitol. but as you heard reports, tear gas used inside, one report of a woman or someone being shot inside. we don't know who did the shooting or who was the shooter. we're trying to get more information at the moment. we understand that shooting happened near the house chamber inside the u.s. capitol. they're trying to get more information. that woman -- or that person has been taken to the hospital as we speak. they're being worked on. now, again, that happened about 45 minutes ago as we speak now, maybe 30, 45 minutes ago. so, again, u.s. capitol police just trying to get a ahold of the situation inside the u.s. capitol as well as keep the people who are outside on the outside. back to you, liz. liz: okay. developing as we say right here
3:37 pm
on your screen in front of you. edward lawrence, thank you very much. i want to get to cheryl casone who's also been monitoring all these -- cheryl, what can you tell us? go ahead, cheryl, you're on. >> reporter: liz claman, hi. i'm actual watching what's happening on social media. there's a lot of reaction happening right now. nikki haley just tweeting asking for peace. we're also seeing, of course, kellyanne conway is now on her twitter account asking for these protesters, these violent protesters to stand down calling for safety. basically watching all of the social media accounts. ivanka trump just tweeting a few moments ago asking for peace, for calm as well. but, obviously, there's a lot of reaction on social media. and a lot of these officials that are still inside the capitol, these congressmen and women are actually tweeting while on lockdown, which is pretty incredible to see right now. but, yeah, we're looking at a lot of -- there's obviously talk about virginia and about the
3:38 pm
national guard, and at this point we're just kind of watching all of this play out as we look at these incredible pictures coming out of the capitol, liz. liz: yeah. a reporter who covers the capitol is with us, huffington post, and he's got cell phone video that i am looking at where he was running downstairs trying to get away from the crowd because-actually watch -- because he was actually watching. actually, i witnessed and he's got this, he's witnessed a black police officer being overtaken, just one police officer, one, being overtaken. he picked up something from the floor to try and tell them to go away, and then he -- you will see this later. [inaudible conversations] liz: go ahead. >> reporter: kayleigh mcenany just tweeting@president trump's direction, the national guard is on the way along with other federal protective services.
3:39 pm
we reiterate president trump's call against violence and to remain peaceful. that is 30 seconds ago from press secretary mcenaney in the white house, liz. liz: okay. i do want to stress protesters are inside the capitol, and they are going up the stairs, they are moving all the way through different areas of the chamber. there are police there. but they are outmanned at the moment, it appears. again, and we have edward lawrence reporting that one gun so the victim has been -- gunshot victim has been sent to the hospital. joining us now we've got two business leaders who signed a letter just 48 hours ago asking congress to certify the election and follow the constitution. this becomes extremely focused at the moment considering the certification process has now been put on indefinite pause due to these developments on your screen. rxr realty ceo, major mag meat,
3:40 pm
reckler. and fox contributor and former head of ubs bank, ceo robert wolf with us right now. robert, give me your thoughts at this very moment. >> well, liz, i thought today was going to be a much different conversation where the business leaders are just making sure that we engage in the national conversation about a peaceful transfer of power. this is now just the opposite. i've been listening to you. it's horrifying. it's up american, and i blame -- un-american. and i blame the president. he said the other day this rally was going to be wild. he turned a blind eye when people went into the michigan statehouse, and this is not a peaceful protest. you see his chief enablers like ted cruz and marco rubio and jim jordan telling him that he has to calm them down. he's the one that riled them up. i apologize for saying this about a sitting president, but
3:41 pm
he's the one who talked about these wild rallies. liz: scott, give me your first improsecution here, and i know that there are huge question marks at the moment. i do want to describe to our viewers who may be on xm radio listening in the car that it is, for now, peaceful at the moment. but the crowd is significantly large. we do know that the national guard is on the i way, that according to the white house press secretary. but they're not there yet. >> liz, i have to agree with robert. this is horrifying. it is attack on our democracy. it actually invokes emotions and feelings from me when i watched the attacks of the world trade center on 9/11, except this isn't foreign actors. these are americans that were incited by words from our president. i think the reason i signed this letter was i was afraid of something like this. i was afraid that there's been a void of leadership, a void of people being rational and being
3:42 pm
more thoughtful about being stewards for our country and our constitution and more about their own political and parochial interests. and i think it's critical that we speak out about this to try to force this change. and i think it's shameful for the members of congress that have taken something that should have been a procedural process and a responsible transfer of power that's happened since this country's been formed and follow the model of someone like vice president al gore who had, you know, one state in con tension, less than 1,000 votes, and actual led this procedure with dignity and as an example of what the foundation of what our country was built upon. so it's a hour fuguing day. it's -- horrifying day. it's really disturbing, and i really hope it gets under control quickly. liz: you know, you mentioned dignity. yes, al gore -- who lost two george w. bush -- was the vice
3:43 pm
president who had to stand there as mike pence will do, he has said he will do, and say that god bless our incoming president, the man he lost to, and we want him to do well. speaking of which, mike pence has just tweeted -- cheryl casone, what did he say? >> reporter: the vice president just tweeting literally in the last three minutes saying the violence and destruction taking place at the u.s. capitol must stop, and it must stop now. anyone involved must respect law enforcement officers and immediately leave the building. as we've already reported, liz, the vice president is safe. but he just tweeted that about three minutes ago. liz: so vice president mike pence has just now done what president trump has not done, and that is to say leave the building to the protesters, leave the building right now. because the capitol hill police, again, they are under siege at
3:44 pm
the moment on the inside. on the outside things are calm, but we do know that president trump has now directed the national guard to capitol hill, but he has not yet told those protesters who support him cease and desist. okay. we have another add to the tweet, or cheryl? >> reporter: he kept going, liz. i want to add this second piece from the vice president. peaceful protest is the right of every american, but this attack on our capitol will not be tolerated, and those involved will be prosecuted to the fullst extent of the law. that as well9 from the vice president a few moments ago. liz: robert wolf, look, you sport the -- support the democrats, you were very instrumental in looking at all the candidates during the primaries. you're a biden supporter. what does president-elect biden do on a night like this? will he come out, will he make a statement in. >> well, he's definitely going to be making a statement.
3:45 pm
i heard he was going to come out to talk about this. but i think more important and i think the point that scott was making, this should have been the time when this transfer of power was peaceful. and everyone had hands on deck. the two bookends is an incredibly slow recovery with systemic inequality in a pandemic that's spreading like we've never seen. it should have been -- it has nothing to do with democrat or republicans. everyone's working together to make sure that we have the transition ready for january 20th and beyond. not where we have -- liz: yeah. >> -- some ridiculous kangaroo court going on on capitol hill where people are voting when we've already counted every vote and president-elect biden will become president on january 20th. the idea that we're even discussing this procedure and that we were having rallies and president trump was speaking at this rally is outrageous. liz: uh-huh. >> he should be spending his time making sure that -- liz: scott? >> sorry.
3:46 pm
liz: it is outrageous. people on both sides are saying that. kevin mccarthy, the house minority leader, republican, big trump supporter, has said this is un-american, what is happening right now on your screen. but, scott, this country has huge problems. people are hurting at the moment. you know as a real estate guy that people can't pay their rent, companies can't pay their rent, businesses are by the hundreds going bankrupt. from your perspective, there are some serious issues that need to be tackled, and this is happening right now. >> yeah, no, there's no doubt. and i think, you know, to, again, follow robert's comments, i think one of the biggest issues is a void in leadership and also a loss of trust in government and what government can do. and i think, frankly, you know, there's -- people are feeling disenfranchised, they're struggling. you know, in 2016 i think that's what brought donald trump to the presidency. in 2020 the lack of control and oversight and execution around
3:47 pm
the pandemic and the following economic crisis that we have faced lost him the presidency. the country needs leadership right now, competent leadership that's focused on the issues at hand, and this -- listen, we're facing a crisis that we haven't faced since the great depression, world war ii. and so, you know, there's no more times that we need people in leadership positions providing competence, not the inciting violence. and competence in our governmental structure and democratic principles. and that's why it's so horrifying at this moment that, you know, effectively over the last week this president has laid down dry kindle and then went to a rally and lit it and now is saying go home, you know? the fire has started. and so it's really, really disappointing and a horrifying moment for our country. liz: i do want to say that scott referenced leadership, time to show some leadership.
3:48 pm
we have not yet heard from president trump that he would make a statement. however, vice president-elect joe -- i keep saying that, i do apologize, president-elect joe biden is going to make a statement. we already shows you the podium. we understand he will get before the cameras, but at the moment we do not have that yet. you can see it on the right-hand side of your screen. he has not arrived yet, but we do know that as the sun goes down and the national guard comes in, because they are being deployed, and state patrol are coming in that sometimes these situations do turn tense. so one can only hope that president trump, knowing that he is the one that they do listen to, will at least speak at some point and tell them to stand down and stand back. don't know if that is going to happen at the moment. brad, tell me what we've got next? okay. i want to get to charlie gasparino. charlie, what are you hearing?
3:49 pm
>> liz, i'm not defending the president and his actions, but he did put out a tweet not too long ago, i think about 20 minutes ago, which we should probably reference. he did say that, you know, we shouldn't be -- he did condemn the activities, okay? liz: he said stay peaceful, yeah. >> stay peaceful, we are not, you know, we are not the party of -- we are the party of law and order. i am asking for everyone at the u.s. capitol to remain peaceful, no balance. remember, we are the party of law and order, thank you. let's put this a little bit into context. i think what the president has been doing is outrageous. we do have a covid epidemic going on and we're worried about overturning an election without any evidence. i get the absurdity of that. but let's just remember that there are no heroes really in the political world on this. you know, democrats placated the
3:50 pm
looting and the rioting this summer as largely -- and glossed over it as largely peaceful protests when midtown manhattan was destroyed by leftists. democrats, you know, i heard bob wolf talk about how horrible, you know, president trump is. i just don't remember the sort of outrage of the bob wolfs of the world when antifa and black lives matter were leading not so, not so peaceful protests. so remember, when you start -- liz: yeah. >> -- when you don't stop the violence, the looting, the other side's going to get involved in it as well. and, you know, again, what president trump is doing, did today is horrible. listen, the markets are up. why are the markets up when it looks like a democrat's going to control both chambers now, everything? one reason i think they're up is because they see how unhinged he is and how -- and they see bind as possibly stability. i mean, for the first time --
3:51 pm
liz: you know what you're also seeing, charlie. >> you're seeing some republicans, some centrist republicans and mitt romney, of course, who has been a thorn in the side of president trump's presidency saying full out blaming president trump for the georgia loss of kelly loeffler, it. i just want to describe on the scene for a second, i'm so sorry. we now have people standing up on walls, and you can see as close as they've gotten to the capitol, we do remind people the capitol's already been breached, and the inner chamber of the capitol has been breached, the house chambers. >> liz -- liz: and there has been a shooting. hold on, charlie. we do have one shooting victim that has been sent to the hospital, and andrew mccarthy, who's the former federal prosecutor, just said on fox news, and he's a fox news contributor, i watch this with the knowledge that i've prosecuted terrorists for conspiring to do this very thing, attack our capitol and
3:52 pm
other installations of the government. >> i mean, liz -- liz: go ahead, charlie. >> it's horrible what's going on here, but it's an extension of what has been going on in this country with the breakdown of law and order, and it's just been how divided we are. and president trump deserves a lot of blame here, i'm with you on that. you know, you and i have not been exactly cheering him on along the way when he says, when he does what he does. that said, to divorce from reality what's gone on on the left and the democratic party and basically glossing over the violence of the antifa movement, of black lives matters, of all these political movements that are disguised as social justice movements is part of the problem here. i mean, what you would hope is guys like mitt romney, joe biden, adults in the room get together, try to figure this out, because we're in a really bad place right now, this country. and the markets, you know, again, i'm a markets guy,
3:53 pm
they're myopically focused on, i think, right now stimulus -- liz: yeah, of course. stimulus. okay. hold on -- charlie, i don't mean to interrupt you, i don't mean to interrupt you, but cheryl casone has statements now from the senate minority leader chuck schumer of new york and speaker of the house nancy pelosi. go ahead, cheryl. >> reporter: yeah, breaking news, this is a statement just released out, liz. in this statement leader schumer and speaker pelosi say this, quote: we are calling on president trump to demand that all protesters leave the u.s. capitol and capitol grounds immediately. that is all it said, but that is usjointtament jcrussiususus om tfrm. anddhed ao, lds l graeymrarara , h h h hasakeno to toerwiers ll-.. sth sarara.in ain ag f fteersss a a a well tea l the l t l cap lolapi. d said ai andai ahenn he sesay hishiwe tet iet suppo supup pcel destruden.ctand pe neepe tpepeee lheit capolol ,,w -- lve c theitapapapap nowap
3:54 pm
emast.smemast. raha com from lrodsin geymraha offouf carfinarolol liz.iz.iz lieaz: yh. ere'a otf ora ogeutge from frorororo fery, very big bupporterpoerpoef prffen tru t. you'yo looki rkihtki nowowow liveliicverensidns the t t t be.bebe ere are som-- i belie b th are a either workers,rs, jonasts ost peoplee who had just been in the gallery there. they are appearing to be on their knees taking shelter, and you can see that it is empty at the moment. that is tape being sent in at the moment. the protesters are right there inside the chamber. and you can see that these people are on their knees hiding behind that wall. i believe they might be one camera crew. this is really stunning, folks. this is truly stunning to see. and we'll see if that camera can actually move over to the right,
3:55 pm
but there are protesters who stormed the chambers, got in and then got to the dais and stood up right at the top of the dais with bullhorns. there you go, you can see just a little bit, but it's a very dangerous situation for people on the inside because gunshots have been heard, and we do know that the capitol hill police had tear gas. very tense situation. maybe we can split the screen with the outside picture because at any moment i would imagine, it's just a couple of miles from virginia, that we would have the virginia state police and the national guard which have been called in at the moment to deal with this situation. and now you can see there's some smoke -- can we get that shot, brad? there's some tear gas that has just been fired at the opening of the capitol. do you see that feed, brad?
3:56 pm
maybe? now you can see the capitol hill riot police, those must be d.c. riot police, they are starting to move in. they are walking very calmly, no sudden moves here, walking. but underneath one of the arches there is clearly some tear gas that you can see on the far right. and you can hear the crowd either cheering or at least making some very loud noises here with the trump flags, etc. and, again, remember the back drop. the backdrop was that we were having the electoral college cert theification process when the rally that president trump had appeared at, that broke up and the president said, hey, why don't we walk down pennsylvania avenue. he himself did not, but his followers did take that cue. we understand ted cruz, the senator from texas, has just tweeted. cheryl casone, what's he saying? >> reporter: storming the capitol needs to stop now, in
3:57 pm
all caps. the constitution protects peaceful protest but violence from left or right always wrong, and those engaged in violence are hurting the cause they say they support. that coming from texas senator ted cruz. of course, a major figure today on the senate floor during the certification process which, of course, has been stopped. liz: i do want to once again say that the markets have held up . there are four more minutes left to trade. we do have rusty of owe rye quon advisors -- orion advisors. 47 billion under management. rusty, we see riots, bombings, terrorist attacks, the markets do not shake, they don't even vibrate. they know things pass. appears what is in play. does anything longer term effect what goes on in the markets and investing? you're absolutely right the market usually slugs off these events. charlie, your prior guest made
3:58 pm
comment something like this could create more stability in the background of the political landscape but an event like this could bring people together as well. i think markets have to tendency to lock forward. they can look forward over this particular event, hopefully. liz: we want to point to the fact that the russell 2000 up 80 points. that is a gain of close to 5% for the small and mid-caps. as we look at this breaking news here, russell, you've got to give me a sense what you think will happen with a joe biden presidency and the investing landscape as we are at or near record highs? >> well i think the assumption that many investors have had there will be more stimulus coming in to the marketplace and in to the economy. we already have a incredible fiscal monetary backdrop. it will only be enhanced.
3:59 pm
that is the view. it will help cyclical sectors, value companies, have underperformed recent years. there will be more inflationary pressures that would help everything from real assets to maybe even crypto. there is a lot of things. quite frankly it is not really a total surprise what happened -- it is a surprise. i was surprised but only basically accelerating some of the market movements we've been seeing now for months about more cyclical stocks have been outperforming. small cap value outperformed large cap growth by 40% since middle of july. 40%. that is a huge amount. liz: huge. rusty, with the backdrop what is going on here. we appreciate you weighing in here. folks, we have 30 seconds left before the bell rings. the fbi will soon be descending on the capitol. we also know that state police and the virginia national guard are coming in to deal with an
4:00 pm
unprecedented situation. thousands upon thousands of people have stormed the capitol and have breached the house chamber. [closing bell rings] at the moment we see peaceful protesters on the outside. we can only hope it remains so. let me turn it every to connell mcshane. connell a record for the dow, a historic moment. not a good one for the country. connell: not at all, liz. we'll stay on the shocking scenes in washington. the united states capitol grounds breached by an angry mob in support of president trump. there have been shots fired. we know one person has been shot. we've been watching throughout the afternoon as the protesters swarm the complex. police at this hour, 4:00 p.m. on the east coast are trying to take control of a fluid and developing situation. live pictures from washington this afternoon. i'm connell mcshane coming to you on "after the bell." stocks as we close out are off the highs of the day,
177 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on