tv The Evening Edit FOX Business August 29, 2022 6:00pm-7:00pm EDT
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would be wasted. launch teams decided to delaying the draining until they gathers much possible on the bleed problem. we wish them good luck. folks, it is your money that does it for "fox business tonight." thank you so much for being here. "the evening edit" starts right about now. ♪. elizabeth: okay. we're tracking these new fights now breaking out even inside of the democrat party. they're saying that president biden's student loan bailout is quote, unfair with you the taxpayer left holding the bag, but president biden now going on a two-month mid-term blitz. his new focus? attack gop voters as quote, maga semifascists. why? this is the debate in washington. it is to distract how unfair his bailout is and from high inflation taxes, gas and stale
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economy. we have all-star guests tonight. dan meuser, carlos gimenez, liz peek, john levine, parents defending education nicole neily, former fbi special agent john ianerelli. ford o'connell. elon musk warns the world will still need oil and gas, or else, quote, civilization could crumble. dni ratcliff fbi pressuring facebook so-called russian propaganda ahead of the hunter biden laptop story that came out in the media, he says this is fbi election interference. to the nation's top teachers union caught flip-flopping on school shutdowns in their new push to stop schools from being politicized. when they're accused of doing just that. reports the far left again pressuring house speaker nancy pelosi to step down as
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survivors of communist china, cuba and north korea speak out against the far left pushing the u.s. to go socialist. i'm elizabeth macdonald. "the evening edit" starts right now. ♪. elizabeth: welcome to the show. you're watching the fox business network. take a check of your money. stocks ending with back-to-back losses after the dow dropped a thousand points on friday. the markets are still rattled over more federal reserve interest rate hikes. still no clear view on when they pull the trigger on that. september is historically the worst month of the year for stocks and we've got a new non-partisan analysis out. estimates the cost of the biden's student loan handout could be triple what was initially forecasted. hillary vaughn on capitol hill with more. hillary? reporter: good evening, liz. well the white house insists they do not know how much this
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ultimately will cost because they don't know how many people are going to take them up on getting their student loans paid off but they did finally give a ballpark estimate on friday saying they think it will cost around $240 billion. but that is a lot less than other analysts have predicted. the penn wharton budget model pushes the price target to cancel some student loans to half a trillion dollars. they say that could balloon one trillion dollars when you take into account other changes made to the student loan repayment plans. the white house insists no matter how high the price tag this plan is paid for because of the drop in the national debt and president biden. but fact checkers are putting biden in check. factcheck.org, saying biden misleadingly took credit for cutting federal deficits by historic amounts even though most of the reduction of deficits have been the result of expiring emergency pandemic spending. most democrats are not just bothered by adding to the debt.
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republican say either way this is government spending which is congress's job not the president's. >> what they have done is unconstitutional and mostly unfair. nancy pelosi said a few months ago the president canned do this on his own, the president can't forgive loans. reporter: president says it will not make inflation reduce you because they are restarting payments at the same time they are forgiving some of this debt of the liz? elizabeth: hillary vaughn, thank you so much for your report. joining us congressman dan meuser from house small business and fox news contributor liz peek. congressman you heard the report. the estimate of the cost is now triple. the president, press secretary again today attacking gop voters as maga, semifascists. is this a distraction from how unfair the bailout is? >> he is really the divider-in-chief, isn't he? he didn't think he could be more insulting to the american public and my constituents than the so-called inflation reduction
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act which increased inflation. now come across with this forgiveness plan on perhaps as much as a trillion dollars in loans. certainly no life lessons getting taught here, liz. this thing is a moral hazard but far worse are substantive impact it is going to have. my constituents are hopping mad. in the end the impact will be higher inflation. u penn wharton 1.6 or 7 on top of the 8% we have now. it is increasing the deficit. think about the disaster for the college loan program moving forward. elizabeth: what the congressman just said, liz, what the congressman just said, liz says this will help the lower class. it won't. many didn't go to college. now now they have to pay for it. 2/3 of student debt is owned by 40% of the top households
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mbas, executives. what do you think of that? >> i think that is who the democratic party, liz. james carville called them doofus coastal elites. that is kind of who is in charge here. the idea that this might win back blue-collar workers, wasn't that something that the democrats were interested in just a couple of years ago? boy, is that not going to happen here. i think it's a double problem. number one, voters associate all the big spending plans with inflation and they're right. that is what causes inflation. that is what caused inflation, democrat blowout spending programs. number two, most of those voters are not going to benefit from this. i actually think this is an unbelievably stupid move and yeah, i mean biden has to distract from it. even his own party, even economists in his own party are really whooped up about how a terrible idea this is. so i don't know who is the constituency is. elizabeth: voters in 13 states will have to pay state taxes on a this bailout. it is not a free ride.
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everyone will have to pay higher federal taxes for the bailout too. now a major fight has broken out among top democrats saying this is not a good thing. first you see senator elizabeth warren avoid again answering if this is unfair and other democrats say yeah it is. watch this. >> i think a lot about fairness and i think about how education debt is different from other debt. i look at it this way, i wanted to be a public school teacher from the time i was in second grade. my daddy ended up as a janitor, there was no money for me to go to college. >> during the presidential i was one said rich kids, we shouldn't be paying for their college. you can't staple a diploma for free under everyone's chair. we need to focus on apprenticeships and hard to fill jobs. >> people are getting crushed with inflation, gas prices food prices all the rest. i think a targeted approach right now really does send the wrong message, a lot of people out there making 30, 40 grand a year that didn't go to college
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and they need help as well. >> democrats, i'm a progressive. i want to help folks. i think this is terrible policy. elizabeth: paul begala is saying that money could have gone toward free pre-k for 3 and 4-year-olds, parents working two jobs to pay for higher inflation, gas, possibly higher taxes. >> it was not targeted as you just said. 40% are, 40% of upper echelons of income. this thing is a bad campaign promise gone worse, right? they rolled this out and in my view to make good to academia for a promise and now they have got an initiative that is just, going to do some real bad things to put it mildly to our economy. it is already happening. look at the response for interest rates. inflation will continue to go
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up. what is worse, it is not a fix. we're bailing the boat, not fixing the hole in the bottom. elizabeth: to what the congressman just said, liz, senator elizabeth warren says that democrats do have plans on the table for a bill about quote, transparency on college costs. liz, you i and the congressman have talked about the middle class already know about this they have been dealing with tuition gouging for generations this is a bailout for the corrupt college industry. you know, it is, where is the rico act for raketeering and antitrust actions? raising tuition at the same levels in lockstep? >> look, liz, the whole system is a mess, right? we should go back to private lending. the government should never have been put in this position where they're basically funneling trillions of dollars into a college education system and demanding nothing in return. that's the problem. there is no accountability. so you can spend a fortune getting a phd as ron desantis said in gender studies. who is to say no?
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there should be some regulator of where this money goes, whether it is productive, et cetera, et cetera. i mean the liberals are completely happy to bear down on private schools and charge those schools with not making good on their promises and not making good use of the money. what about the entire university system? i mean there is no accountability and because the government took over student lending there is absolutely zero recourse. i mean this is, it is a mess and really should be unwound. elizabeth: liz, congressman, i would like your final word on this, tim ryan, believed to be in a vulnerable spot. he made a good point though one of our biggest mistakes as a nation to wiped out shop trades, schools that were teaching how to be a plumber or electrician. that really hits the middle class and blue color worker hard to have to pay for the bay bailout. your word on that, congressman and then you liz. >> career technical schools are booming in my district for good
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reason. they're developing skills, these young people, going right into the workforce without any debt. sometimes they do have some debt. this initiative does not pay that off through the cti schools and they're now taxpayers stuck paying off those who went to college and wouldn't work to pay it off. elizabeth: got it. liz peek, your final word? >> let's leave it at this. it is unfair and people who are working hard to pay off their loans or put their kids through college and playing by the rules, they get completely messed up by this. i think that's horrible. and yes, vocational schools is a very good alternative. they should have been included. >> congressman meuser, liz peek, thanks for joining us. good to see you. >> thank you, liz. elizabeth: questions now mounting. former dni john ratcliffe says that the fbi pressuring facebook about quote, russia propaganda ahead of the release of the hunter biden laptop story was fbi election interference. and this, will more states
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follow california, knocking out gas cars? elon musk he is warning that the world will still need oil and gas or else quote, civilization will crumble. we have next from house transportation, congressman carlos gimenez on "the evening edit." >> well if that is how we're going to pass laws in virginia, whatever california does that's what we do why do we have legislatures? ♪ having a good time. so to help you remember that liberty mutual customizes your home insurance, here's a pool party. look what i brought! liberty mutual! they customize your home insurance... so you only pay for what you need! ♪young people having a good time with insurance.♪ ♪young people.♪ ♪good times.♪ ♪insurance!♪ only pay for what you need. ♪liberty liberty. liberty. liberty.♪
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♪. elizabeth: an important story about the economy, high diesel gas prices again hitting truckers hard. the freight industry is warning it could put the little guy truckers out of business. this is happening right as supplies come pouring in for the back-to-school season and yes, the holiday shopping season around the corner. could those prices go up because of what's going on? we have kelly o'grady in long beach, california with more. kelly. >> great to see you, liz, after falling 62 straight days in a row the national average is back above five dollars a gallon. that as farmers, others stockpile fuel ahead of harvest season. california is worse. the station i'm at is 6.19 a gallon.
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if you're a trucker filling two 150-gallon tanks each time that costs $1500 every single time. 54% increase since last year. i had opportunity to talk to number of truck drivers, not surprisingly prices are squeezing them. >> with prices going up, it is harder to make a good profit. >> it is hurting everybody. we'll feel it at the store. we're probably are in our pricing going to the stores. >> that cuts into a lot of money for our business because everything is going for fuel. so it is making it, it is making it difficult. reporter: a lot of the cost increase gets passed down to the consumer. that is why diesel is known for canary of inflation. trucks carry goods to your grocery stores, department stores. price of diesel is going up, good indication so is cost of everything will buy. with the war in ukraine, people are turning to diesel with soaring natural gas prices in europe w stockpiles low in the northeast, that could spell a
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trouble for not just truckers but for inflation. >> kelly, thank you very much. joining me from house transportation, congressman carlos gimenez great to have you on. >> my pleasure. elizabeth: your reaction to that story? >> my reaction to the energy policies of the biden administration is completely insane trying to help the average american, if you're trying to lower inflation. if you're trying to hurt america, hurt little guys it makes some kind of sense but his energy policies are completely insane. they are hurting this country. we need to have a change in washington and it starts in november when we need to take over the house and senate. elizabeth: this story, congressman, washington state will copy california with a ban on gas cars. massachusetts could follow. we have 14 states and d.c. have trigger laws to copy cat california. cnn had a guest on claiming new york and other states could possibly follow including maybe
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others in the northeast. how are we going to charge 10 of millions of these electric cars? how? >> we don't have the infrastructure to do that. every single car you need to charge is the equivalent of 25 refrigerators. in california alone it is like adding 355 million refrigerators. they already have blackouts in california. so it will get to the point where you either can you know, cook dinner or charge your car or have a hot shower or charge your car. so i see the future tells me you will have a lot of cold sandwiches a lot of cold showers in california and massachusetts, new york, all that. >> blackouts? >> and blackouts. by the way the good news you can come to florida and enjoy hot showers, hot meals, cool ac. this is a free state of florida. hey, we want republicans to come down. we don't want democrats or their crazy ideas to infect us here in florida. elizabeth: here is the thing,
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elon musk says we need all of the above approach. the world will need oil and gas or quote, civilization will crumble. >> right. elizabeth: we need sustainable sources of energy and keep oil and gas and nearly 80% of the u.s. electric power grid comes from oil and gas but you never hear democrats talk about that. >> we know for the next 50 years you will need more oil and gas. why shouldn't it be american oil and gas? nobody ever answered that question from the biden administration. they go to venezuela. go over to saudi arabia, irans ask them to produce more oil. we can do it here in the united states. we can drive our fuel costs down. look, energy is all of the above solution to it. it is all of the different alternatives. it is natural gas. it's gas. it's diesel. it's clean diesel. it's everything. it's nuclear. all of that. that is what the republicans want to do, give all of the above is the answer to energy. we have plenty of it here in the united states. we could be selling it abroad and yet this administration is
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bent on destroying the oil and gas industry here in the united states where it could be, could balance our trade wit. we could help our allies wit. but yet this administration wants to destroy it. elizabeth: the price of gas just about doubled under president biden but white house sent an emails to reporters over a week ago, subject line, americans got $100 a month raise, including a link to cnn story bearing that headline. it is still up 73 cents higher than a year ago. why are they patting themselves on the back when gas doubled on his watch now it is dropping because of fall in demand? >> well, probably because joe biden probably failed arithmetic in college or in high school. he doesn't figure out that when you're spending $200 more. then all of a sudden get a break of $100, you're still spending $100 more. by the way we anticipate that gas prices will go back up especially during the winter
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months. and who does this hurt the most? it hurts the little guy. it hurts the poor. he hurts the middle class. elizabeth: okay. >> again these policies are crazy. elizabeth: congressman gimenez, thanks for joining us. >> my pleasure. elizabeth: this story, we have reports coming in, the far left is again pressuring house speaker pelosi to step down. we have more stories coming in. survivors of communist cuba, china, north korea, they are more and more speaking out against the far left, pushing the u.s. to go socialist saying the u.s. is great because of its freedoms. plus former dni john ratcliffe says the fbi pressuring facebook about censoring quote, russian propaganda ahead of the hunter biden laptop story going public in the "new york post"? ratcliff is saying this was fbi interference in the election. "new york post" columnist john levine next on "the evening edit". ♪.
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elizabeth: look who is here, back with us now, "new york post" columnist john levine. we've got news coming in. president biden will address the nation on thursday night. john, there is also this, former dni john ratcliffe says he was surprised to hear mark zuckerberg say the fbi warned facebook about russian propaganda right before the hunter biden laptop story hit the media in your newspaper. this is before the 2020 election. he is saying this is interference and you know, facebook suppressed the story before that race.
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what do you think about that? >> well this clearly is part of a very troubling pattern from the fbi with respect to the hunter biden story. i will remind all of your listeners, viewers, that the fbi had the hunter biden hard drive as early as 2019 and did not move on it. we know from the fbi whistle-blower that agents were told not to move on it until after the election, even though there is a lot of very, very suspicious content that's on there and the reason it ended up in the hands of the media because the computer repair shop owner in delaware who gave it to the fbi was frustrated that it wasn't being pursued. so he ended up giving it to rudy giuliani, who ultimately provided it to the "new york post" and others. now on top of all of that, you see the news from mark zuckerberg that the fbi contacts facebook just before the hunter story comes out warning of some kind of russian misinformation situation that is going to be coming. we don't know if they explicitly said hunter biden but it was
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clear that the fbi was aware that something was about to drop. elizabeth: right. >> still unclear how that happened and they took steps to curtail the influence to sway an election on behalf of their preferred candidate. elizabeth: listen, get your reaction to former dni john ratcliffe. watch this. >> tucker, i was actually surprised to hear mark zuckerberg say that because what he related the fbi told him was exactly the opposite of what my conversations with the fbi director himself at the time were about. look, we knew when adam schiff was in october of 2020 talking about hunter biden's laptop as russian disinformation and using his platform as the chairman of the intelligence committee to mislead voters about that, we knew that simply wasn't true, that it wasn't russian disinformation. we all agreed look, we need to counter this. i put out a statement and was backed up by the department of justice and fbi that this was not russian disinformation.
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unfortunately a lot of folks misled the american people about that and the american voter about that two weeks before a presidential election. it is election interference. you know to the extent these allegations are true, that fbi agents were knowingly putting bad information out there and if they're engaged in election interference, we've got a real problem. elizabeth: what do you say, john? >> i mean this raises very uncomfortable questions for fbi director wray, who i will remind everyone was a trump appointee. he is telling the dni everything is aboveboard and meanwhile you see his agency moving to suppress the story. so i can tell you that a lot of republicans on capitol hill are very, very disappointed with fbi director wray and should republicans take back the congress they will certainly be hearings i suspect that will involve him and the other intelligence agencies but i also have to assume that if they end up taking back the white house
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in 2024 the fbi director's time in that job could be numbered. elizabeth: now we got senator chuck grassley, if they take back control the republicans will investigate political bias inside of d.c. headquarters. he is going to demand a plan to root it out. watch hbo's bill maher, he is blasting the quote, conspiracy to bury the hunter biden laptop to get rid of trump. that is what bill maher is saying. he is telling liberal guest rob reiner he would get better information on the story if he stopped watching only msnbc. watch this. >> let's not pussyfoot around this. he was selling the influence of his father, joe biden. i mean most political sons do. let's not pretend, at least wasn't going on. so hunter biden's laptop was buried by the press. even the head of twitter, jack dorsey said that was a mistake. they buried the hunter biden story before the election because they were like, we can't risk having the election thrown
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to trump. we'll tell them after the election. >> we know for a fact that is what they did? >> of course. you don't follow this -- >> you know for a fact? i don't know what they did. >> i know you only watch msnbc. >> that is not true. that is not true. [applause] >> you would know not about this. >> yes, that is not even an issue anymore. they're saying yes we basically did this because we didn't want this to throw the election. >> bill maher, he is working with reports from senate finance and senate homeland security and what chuck grassley and ron johnson are saying that adam schiff and nancy pelosi, and chuck schumer, they in july of 2020, were saying oh, there is russian propaganda coming. then these two gop senators, john, are saying, these democrats started leaking to undercut their investigation into hunter biden, consorting with eastern prostitution sex trafficking rings and making a lot of money off of china, rush
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and also elsewhere, kazakhstan, things like oil deals and energy infrastructure. "washington post" acknowledged authenticity of the laptop. cnn is working on it. where is rob reiner on this? where is, you know, msnbc on this? they're starting to do reporting but this is way after the fact, john. >> right. well i mean i watched that clip and really bill maher is like the soul of the democratic party in a lot of ways he is telling uncomfortable truths, sticking to his principles where a lot of other members of his party have drifted. i feel bad for rob reiner. his father was such a funnyman. i feel like him and a lot of people like him are almost caught in this bermuda news triangle of cnn, "new york times," npr, they have no idea what is going on because they just don't seek alternative sources of information. elizabeth: it is like a desert of information. they're bereft of the context and information what is going on to have an informed opinion. jon levine, thanks for joining
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us. good to see you. >> thanks for having me. elizabeth: a judge announces a possibility of a special master appointed to review the records seized by the fbi at trump's florida home. this is the talk in d.c. we'll get you updated with former fbi special agent john ianerelli. he is coming up next on "the evening edit." ♪.
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♪. elizabeth: look who's back, parents defending education nicole neily is with us. nicole, it is good to see you. thanks for joining us. let's get right at it, "usa today" is saying randi winegarten, the teachers union, american federation of teachers, they're gaslighting, trying to rewrite history with the new campaign what kids and communities need. randi winegarten is now saying, has been for months now, i want schools to be open when she said
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in the beginning teachers should quote scream bloody murder to keep them safe and shut down. what do you think of this story? >> it's appalling she has the gall to pretend like she wasn't the one demanding, working hand-in-glove with the cdc to keep schools closed. thank to the friends for american public trust for public records request. they want to keep schools closed, mask kids indefinitely. it is offensive and a lie. elizabeth: three million children left public schools. they're being homeschooled or in private and charter schools this idea of rewriting history when harvard and mckenzie are finding the poor got hit, those in poverty got hit. half of year of math of loss for blacks and hispanics and mckenzie said disproportionate hitting middle and lower classes. >> are we surprised people that scream equity from the rooftops
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don't care about the poor? it is offensive they route money for the pet projects, neglecting, actively harming most disadvantaged students of us. elizabeth: she is saying not the fault of unions, that is what she is saying now. >> whose fault was it? for them to run a campaign that kids and family need, what they needed at annual meeting, they voted on this abortion on demand, "medicare for all," people to talk about gender issues. they are so out of touch what kids and families need it is appalling. >> north of 95% of teachers dough senate to the democrat problem that is a big problem. that is imbalance. is randi winegarten saying anything about the teachers union their own union should mirror the base of who the country is? mirror who this nation is? it is so far left that you get this, kind of left agenda that is really alienating parents across the nation? that is to you, nicole.
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one thing of their agenda says they will give a million dollars to parents to rebuild relationships. it is funny, we haven't received a phone call that we are getting money. moms for liberty either. they are out of touch. give it to people in their pet projects. not to the families in need. elizabeth: schools in europe opened to in person learning in 2020. there is no proof, we've seen the analysis coming out of "the lancet," we saw it coming out of "jama," we've seen it coming out of numerous colleges, brown university economist said we've known for sometime that schools were not super spreaders, eastern in high-risk areas. that covid is generally no more dangerous for children than a typical flu. but that message didn't get through, nicole. your final word? >> no. that is why we saw all the extra money supposed to be used for air purifiers for the schools diverted for pet projects, social emotional learning, teacher money. it is never about the children. it is about their money and
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their power. elizabeth: nicole, great to have you on. >> thank you. >> reports coming in the far left pressuring house speaker nancy pelosi to step down as survivors of communist cuba, china and north korea, they are now slamming the far left to stay stop it, stop pushing the u.s. to go socialist. you have no idea how lucky you are to be in a nation that is free. plus a judge announce as possibility a special master appointed to review the records seized by the fbi from trump's florida home. what does this mean. what is the fallout? former fbi special agent john iannarelli breaks it down next on "the evening edit." >> mishandling sounds like a flimsy reason to go into a former president's home, turn it upside down for nine hours, throw out 230 years of american history around constitutional precedented that is very suspicious to me. i'm a guy that favors the forth amendment. this looks like one of
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elizabeth: republicans raising more questions about the timing of the fbi raid on trump's florida home. and this. a federal judge leaning toward approving the former president's request for a neutral a britter known as a special master. we've got fox news david spunt at the justice department with more. david? >> liz, good evening. the trump legal team wants a special master, a neutral third party arbiter to come in and see how the department of justice has been handling evidence over the past three weeks. the special master would also see and rule potentially if the department of justice needs to return evidence not related to the investigation essentially outside of the scope of the investigation. today doj filed paperwork suggesting to the judge that a special master is a moot point. federal prosecutors have already gone through all of the evidence and according to the filing
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today have identified quote a limited set of materials that potentially contain attorney/client privileged information. doj has also announced it conducted a independent review of the materials and is working with the director of national intelligence, avril haines to look closer at hundreds of pages of classified documents found at mar-a-lago. several members of congress are told haines and the intelligence community will conduct an assessment of the potential risk to national security that would result from the disclosure of relevant documents. judge eileen cannon set oral arguments, she wants to hear from both sides of this case about a special master that will be thursday afternoon in west palm beach, florida. liz? elizabeth: david spunt, thank you so much. great reporting there, joining us now former fbi special agent, john iannarelli. great to see you. your reaction to that report? >> a special master is totally appropriate. you want to have an independent review of what was taken and
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from that, we're going to get to know how much the government may have overreached, taken things that they shouldn't have taken in the first place, by what the special master determines has to be returned, the former president trump. don't forget they already given back passports that they should have never taken in the first place. elizabeth: the doj is telling the judge that they have already looked at the documents and identified a limited set of materials potentially contain you know, attorney/client privileged information to your point. so what do you expect to see august 30? this is what the judge is saying to the justice department you have to file a response here on this, and turn over a more detailed list what the fbi seized. what we going to see. >> right now half the company is questioning should there be a search warrant. the fact that the doj says don't worry about it, we got it under control, nobody is guying that. special master i think the judge
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will lean heavily in the favor because what is the downside? the special master will have appropriate clearance to look at this information, if there is anything sensitive and classified and no harm to anyone involved. elizabeth: john what it feels like, the entire country feels like we've just fallen down a rabbit hole, fallen down a wormhole of d.c. speculation, of d.c. back-stabbing, d.c. you know, in fighting, we don't, the fighting deserves a straight answer on what is going on because now the question is "the wall street journal" editorial board is pointing this out too, if you indict trump and you didn't indict hillary clinton and james comey, then former fbi director at that time said, you have to prove intent, right? but if you move forward with trump, you know, that is going to be really bad for the nation when voters out there are saying what happened? they still don't get it. we hear the stories about nuclear secrets. that's bad, right? we hear stories about human intelligence sources, right, john? that is bad too.
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but when you have dozens of whistle-blowers stepping forward to tell senator grassley and senator ron johnson's office, wait a second, the d.c. headquarters are politicized, then that really breeds cynicism and voters don't believe it. that's really bad for the nation. >> you're right. in the clinton situation we had a server that was unsecured, kept in a bathroom and we know it was looked at by foreign entities. what do we have here? we have a box of physical documents under lock and key, just like the government said it should be. the special master, that independent third party, it is going to help restore some confidence. if doj did things right, there is not going to be anything to worry about. elizabeth: we hope. john, thank you for joining us good to see you. now to this report the far left is again pressuring house speaker nancy pelosi to step down. look at this story. survivors of communist cuba, china, north korea, they're slamming the far left saying
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knock it off. you're push being the u.s. to go socialist. you have no idea what it means to live under a socialist regime. we do. gop strategist ford o'connell next on "the evening edit." ♪ i just always thought, “dog food is dog food” i didn't really piece together that dogs eat food. as soon as we brought the farmer's dog in, her skin was better, she was more active. if i can invest in her health and be proactive, i think it's worth it. visit betterforthem.com (dad) we have to tell everyone that we just switched to verizon's new welcome unlimited plan, for just $30. (daughter) i've already told everyone! (cool guy) $30...that's awesome. (mom) it's their best unlimited price ever. (woman) for $30 a line, i'm switching now. (vo) the network you want. the price you love. only from verizon. (vo) the fully electric audi e-tron family is here. with models that fit any lifestyle. and innovative ways to make your e-tron your own. through elegant design and progressive technology.
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liz: this is now the talk in dc. talk about whether house speaker pelosi is in the home stretch of her career in congress and that the far left progressives want to push her out amid a growing list of recent controversies, fox news chad pergrim on capitol hill are the latest. >> liz, questions about how whether house speaker nancy pelosi will hang it up at the end of this congress. and if democrats unexpectedly maintain control, she could be a shoe in as speaker. >> anyone who says they know what's going to happen with nancy pelosi and jim clyburn and hoyer, they're not being honest. you can't tell someone that keeps delivering victories and winning at a high level they should no longer have that level. >> many eyes focus on house democratic chairman, vice chair
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and the path sun clear. >> a part of leadership, a important part of leadership is succession planning. if it's just suddenly they're in and going full out and sundayly, it's done and they leave the room and the rest have to figure out where they go from here. >> conversations about pelosi leaving have lingered for 12 years dating back to when democrats lost the house in 2010 during pelosi's first stint as speaker. many thought the speaker would leave in 2010 but slow seizure disorders has with stood -- pelosi has withstood multiple house changes since then. if pelosi has the votes, she'll likely stay. if she lax the votes, pelosi is probably done. when it comes to pelosi, we'll know when she knows. liz. liz: chad pergram, great journalism as always. ford connell is with us now.
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ford, your reaction to the report? >> good to see you, liz. chad is absolutely right. progressives are trying to push pelosi out not because she's 82 years old. they're trying to push her out because she hasn't gone full blown socialist enough and i will say this, nancy pelosi controls the purse in the united states house of representatives among democrats and as long as she controls that purse, it is possible to believe that even if democrats lose the house, she will be back because again she controls the pursestrings. liz: critics say pelosi is giving them what they want and critics say the far left treats the u.s. constitution like a build your own buffet stall lad and they want -- salad and want to create a state clientele that's voting them back into office because big government clients will outnumber them one day and those who pay for it and private sectors and companies have to build their own new bureaucracies to deal with the government and it's like sleeping with a hippopotamus.
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it feels warm and bracey and rolls over and crushes you. that's the fear of what's going on now. >> lid, you're absolutely right. nancy pelosi has been in house leadership for more than 20 years and every single day she's been in that leadership post, america has grown considerably weaker whether it's financially in terms of military or in terms of our own personal freedoms. she's been a disaster for this country but she continues to get elected because she winds up doing exactly to your point what the progressives want. liz: watch the survivor of china's communist revolution. she's warning the far left, you have no idea what you're talking about. you have no idea what socialism really is. this is what the far left wants, listen to her. >> i just want to say it's so ironic 36 years ago i ran away from socialism. when i left china and come to this great country for freedom. today, so many americans are
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abandoned freedom and running to socialism. they have no idea what socialism is about. i lived under mass socialism. when the government controls everything, make all the decisions big and small, it decide how much grain, meat, cooking oil i could have. what i should learn in school, where i should live, and what job i should have and how i should think. in the socialist society i lived under, there's no choices, there are no freedom. i can tell you, china is a socialist country. cuba is a socialist country and so is north korea. they are socialist countries run by communist parties. what's the difference? what's the difference between socialism and c communism?
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nod much. >> she's exactly right. democrats are abandoned freedom for socialism and don't know what it means and means all government control and no choice and freedoms and this needs to get out more often. liz: ford o'connell, great to have you on. i'm elizabeth macdonald and you've been watching "the evening edit". joining us again tomorrow night and have a good evening. >> get ready for sticker shock. a watch dog group warning president biden's student loan hand out could cost more than $1 trillion. that's three times the white house estimate. who's going to pay for all this? i'm tom in for kennedy. the president last week set up a political hand gee fade with the plan to but with record inflation hanging over the
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