tv The Evening Edit FOX Business September 6, 2022 6:00pm-7:00pm EDT
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their dead electric vehicle after it lost its juice a few miles from a vacation destination in west virginia. the miners decided to push it to their coal mine to charge it up. good for them. that does it for us on fox business. thank you so much for watching tonight. "the evening edit" starts right now. ♪. >> just 62 days out from the midterms, divider-in-chief, once promised to bring unity, president biden again attacking maga republicans now calling them "the trumpies" while inflation and spending grip this nation. the top republican on oversight committee. congressman james comber is accusing the treasury department running cover for the biden family. to emails appearing to show that there was direct coordination between the high-ranking biden administration officials and
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facebook employees as part of an alleged effort to censor speech. also britain's conservative party members choosing liz truss as the uk's new prime minister replacing boris johnson. and democrats trying to rewrite history around school closings reopenings and learning loss. plus pressure for lawmakers to vote on legislation to ban members and their family from trading stocks. that's mounting. we're going to talk about it. the irony, west virginia coal miners helping some tourists push this dead electric car as more states may join california to go ban gas cars. i'm jackie deangelis in for elizabeth macdonald. "the evening edit" starts right now. jackie: good evening, welcome everybody, we begin with stocks ending lower on the session, the nasdaq suffering its longest
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losing streak since 2016. meantime the senate returning today with little time before lawmakers leave washington to focus on re-election campaigns, working towards an agreement on government funding as a top priority for both sides of the aisle. fox news congressional correspondent chad pergram is on capitol hill with the latest for us. chad. reporter: jackie, the senate just got back today. the house next week. however the only thing lawmakers must do is fund the government but that could be a challenge. >> neither side wants a shutdown. now there could be a shutdown to be clear because continuing resolutions sometimes don't pass and it would depend how much is added to them. reporter: senate majority leader chuck schumer says the sides need to sort out spending requests. >> democrats are going to work in good faith to avoid even a hint after shutdown and it is my expectation that our republican colleagues will do the same. reporter: democrats want to spend $21 billion to prepare for covid this winter but
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republicans only want to spend the money if it is preprogrammed from unused coronavirus covers. no new money. democrats may need to take the gop approach on covid just to avoid a republican filibuster. democrats also mold attaching to the bill a provision to codify same-sex marriage. why both sides need to do a lot of horse-trading over the next month. jackie. jackie: chad pergram, thank you so much. of course the midterms are right around the corner and president biden doubling down on his attacks of donald trump supporters. watch. president biden: but the extreme maga republican in congress have chosen to go backwards full of anger, violence, haste and division. the biggest contrast from what maga republicans, the extreme right, the, the "the trumpies," they want to go, these maga be republicans in congress are coming for your social security. jackie: these trump miss-r trump
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miss. joining us with reaction senate judiciary committee ranking member chuck grassry. thanks so much for joining us tonight. let's start with some comments we heard from the president dating back to thursday night, to that speech that he gave, that political speech where he is categorizing half of the country, possibly more, as maga republicans. now calling them "the trumpies." this is divisive ahead of midterms. the democrats are doing this to rally the base t will be a good strategy for them. others say all he is doing is rallying the other side. >> he is trying to rally his base to vote for him and this president has been inconsistent since thursday night. maga republicans.
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the next day he was not condemning all republicans but he didn't make that clear in his speech. and then yesterday on monday he goes right back to the same diatribe that he had. so he ought to be consistent and he ought -- the consistency really ought to come from his inaugural address when he said that he was being inaugurated to be a unifier of our country and he seems to be dividing the country. jackie: i think you're right. you bring up a really interesting nuance, and i noticed it myself as well. thursday night he is on script, right? then you're referring to a question that peter doocy asked him where he started to walk back his comments that was off-the-cuff. then there was a tweet where we can assume it was probably scripted and he gets back on message. it seems like there is some division within the administration who is in charge here per se with respect to the messaging. a lot of people are wondering if that is part of the problem, that joe biden really hasn't been leading his administration since inauguration day?
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>> well i think when you talk about who is making these decisions i think there is only one person and that is susan rice that is running the white house and indirectly running the country. jackie: got it. i want to switch gears for a moment while i have you because we all know the phrase, it's the economy stupid. obviously this is an issue facing americans as we put the summer behind us. the expectation there will be more headwinds to come. people have suffered a lot as a result of high gas prices, even high on a relative basis but bank of america says there could be even recession shock as the fed doubles down on inflation fight. obviously inflation has been an issue and within the last moments of august you had a president passing another 739 billion-dollar bill, pardon me, and forgiving student loan debt. many economists say that is not baked into the cake just yet? >> well, let me tell you, i finished my 99-county tour for
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the 42nd year in a road. this inflation issue is at the top of it. you mentioned the $739 billion feeding the fires of inflation. supposedly being inflation reduction bill. it is and inflation enhancing bill. there are two rules of economics. you didn't mention these rules but you did quote economists. number one, when you're in a recession and we are, you don't raise taxes. and number two, when you have 8 1/2% inflation you don't spend more money. that's a bill that passed in august and then another $560 billion that comes from the student debt forgiveness. so everything that is going on here is, they want the fed to get inflation down but on the other hand the administration is making the fed's job harder and harder and harder. jackie: i think you're right and
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the expectation is that these rates will have to go much higher from here. jerome powell was pretty clear about that when he was in jackson hole. the market took that as a signal. that is why we're seeing so much selling. senator, ask you to stay with us for a moment because i want to get to this. the white house declining to comment on emails that appear to show direct coordination between high-ranking administration officials and facebook employees as part of an alleged effort to sensor speech about topics including the covid-19 pandemic. edward lawrence is at the white house with more for us. reporter: well, jackie a lot a f attention on social media companies on immunity they enjoy from prosecution over the fact they can suppress certain posts and other posts and how they go through that suppression of them. now a lawsuit filed by the attorneys general in missouri and louisiana found the collaboration between these companies and this administration. the lawsuit claims was inappropriate. now they found 45 different
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officials in contact with twitter and facebook, now meta. the lawsuit claims the administration handed over talking points to companies over what it labels misinformation and held monthly meetings. publicly listen to my exchange with this white house press secretary over all of this. listen. >> i don't have anything to share with you on that. i will not comment on that right this time. >> because the attorneys from missouri and louisiana said there is a vast censorship enterprise across a multitude of federal agencies. >> i'm just not going to comment at this time. reporter: administration official reached out to me about this story today saying the president believes in freedom of speech but also believes it is important for all media platforms including social media to represent fact all scientific information. they downplayed the interaction between social media and companies like when another network get as story wrong, they will pick up the phone, call the network talk about the inaccuracies. no word on who decides what those inaccuracies are.
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jackie. jackie: edward lawrence thank you. senator, thank you for standing by. i want to get your reaction to that? >> oh, the administration has gotten caught with their pants down. it's pretty darn simple, that the government can't violate freedom of speech, first amendment but they can go to these platforms and say will you do this for us? so the, so the platforms are state actors, ought to be sued for violating constitutional rights. they're responsible for this. they shouldn't be playing along with it. they ought to be disseminators of all sorts of information and the public of the united states is smart enough to sort it all out and we should not have this censoring. government sponsored censuring. jackie: censorship a huge issue. we'll follow it. to make sure we stay on top of it. we so appreciate your time
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tonight, senator chuck grassley. thank you. all right, check this out, west virginia coal miners helping some tourists push this dead electric car as more states may join california to ban gas cars. plus our next guest says the treasury department is running cover for the biden family after refusing to turn over some information on suspicious banking behavior tied to hunter biden. top republican on the oversight committee, congressman james comer next. >> this is an unprecedented situation. we need to make sure that we have confidence and mesh has confidence in the criminal justice system. ♪ your record label is taking off. but so is your sound engineer. you need to hire.
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♪ >> welcome back the top republican on the house oversight committee blasting the treasury department, accusing it of quote, trying to run cover for the biden family after they renewed to turn over information regarding suspicious foreign business transactions flagged by u.s. banks involving the president's son and other biden associates and family members. congressman james comer who asked evidence on this banking activity joins me now. congressman, your reaction how treasury handled this? the notion it is monitoring suspicious banking activity, that is supposed to be applied
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across the board is one thing. the fact that it would withhold certain information when it applies to certain people is a completely different issue? >> this is very troubling. i mean if you look at the history of suspicious activity reports they were put into place by then president george w. bush after september the 11th. they were put in to try to track financial, foreign transactions into the accounts of terrorists. they have evolved since then to catch things like money laundering but in every instance anytime a bank, which banks seldom do this anytime a bank files a suspicious activity report, that is the bank telling the treasury department that we're pretty confident our client is committing criminal activity. hunter biden had 150 from those from five different bank, prior to joe biden any member of congress, not just head of the oversight committee but any
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member of congress could go to treasury to ask for suspicious activity reports. this was created to be transparent to help congress and local law enforcement to catch any type of foreign transactions that involved potentially terrorist funding or potential criminal activity like money laundering. jackie: this as the treasury department is one piece of this issue. the american public also losing some confidence in our justice system. the department of justice around the fbi sitting on the hunter laptop, hunter biden laptop story, essentially asking why it has gone nowhere after such a long period of time? >> this is a problem for the fbi. it only gets worse every day. we learned last week that timothy thibault, who resigned was essentially the person in charge of the hunter biden investigation who pretty much told all of his subordinates to forget about it. it was russian disinformation. that computer wasn't legitimate. he didn't tell anyone about his interviews bobulinski, who
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publicly said joe biden was the big guy who was getting 10% of the that chinese energy company. nicholas mcquaid, head of criminal division, hired on first day of joe biden was president, also the first day joe biden changed the rules on suspicious activity reports we just learned he was a law partner of hunter biden's personal attorney. so there are a lot of problems here with the fbi, with house they tried to hide the criminal activity of hunter biden. how they have tried to block congressional oversight, congressional investigations and this is another reason the american people are so down on the fbi and have left confidence in our fbi. jackie: right. of course we can't forget that this is all happening at the same time that the fbi ramped up the raid or the investigation to raid president trump's personal home and everybody is saying you're not moving fast on the hunter biden stuff but you
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certainly put the pedal to the metal when it came to president trump and got the warrant to go into his home. speaking of which i want to switch gears for a moment. there was this surprise ruling yesterday to grant trump's request from a federal judge for that special master. what we understand right now this will slow the department of justice's investigation but having said that we don't necessarily know how long it will take. you put the special master out there. they have to go through thousands of pages of documents. they have to notify both sides. they have to return them, this whole process. here is what really gets me about it that i want to discuss with you, the notion that all these people, if these are attorney/client privilege documents which seems to be the case which is why the special master was appointed, all these eyes have seen the privileged documents. is only a matter of time before things start being leaked. we have to protect every citizen in this country in the same way. if there is attorney/client privilege it must be protected
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he needs to receive the same type of treatment yet it is not happening? >> that's exactly right. there is clearly a double standard. this is another reason that most americans believe that the fbi has become politicized and there is no reason in the world why the fbi or doj wouldn't want donald trump to have a special master. if they have done everything correct then they should want this special master. jackie: right. and that of course is the question. are they going to move forward to try to appeal this, say we don't want a special master? how does this impact the investigation. i think this is one of those situations where you know there is potentially a lot more to come here. congressman, we will make sure to talk to you again bit. thanks so much for joining us. >> thanks for having me. jackie: okay. britain's conservative party members choosing liz truss as the uk's new prime minister replacing boris johnson. also take a look at this. you have got some west virginia coal miners helping some tourists push their dead electric car. i will remind you electricity
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comes from coal and so it is interesting to see that dichotomy there but having said that more states of course joining california to ban cars. next, economic pros tomas phillipson and andy puzder are here to talk about it. to support underserved communities... ...helping us all move forward financially. pnc bank: see how we can make a difference for you. finding my way forward with node-positive breast cancer felt overwhelming at times. but i never just found my way, i made it. so when i finished active therapy, i kept moving forward and did everything i could to protect myself from recurrence. verzenio is the first treatment in over 15 years to reduce the risk of recurrence for adults with hr-positive, her2-negative, node-positive, early breast cancer with a high chance of returning, as determined by your doctor when added to hormone therapy. hormone therapy works outside the cell while verzenio
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to ban gas-powered vehicles by 2035, but the mandate already facing opposition. california pleading with residents not to charge their electric vehicles and to set ac units to 78 degrees or higher after declaring a power grid emergency yesterday. and colder states like colorado, minnesota pushing back as well. the auto dealers association argues that the cars, don't form well in cold weather that we don't all live in southern california. here to take it up former council of economic advisors chairman tomas philipson and kck restaurants ceo, andy puzder. the irony what california is doing. they tell everybody to go out buy an electric car, spend a ton of machine know to do it. the prices are higher than a cheaper gas-powered car and then they say you can't charge your car. >> it is very puzzling. in fact i've been trying to understand how people who
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otherwise are very intelligent can agree with these very, very extreme policies. i think it is in the democratic party, either you agree with the party line or you get canceled as you know, as semi-fascists climate deniers or something. but i think here, this is kind of a repeat of covid where these extreme energy policies that they're pushing currently. with covid we cancel, we shut undo the economy. now they're trying to shut down fossil fuels. in both cases innovation is the answer i think. it is not prevention of either higher covid cases or higher, higher temperatures in the future. we innovated our way out of covid with the vaccines and dreamses. clearly for energy, the solution is innovation that brings down energy, green energy costs below fossil fuels. jackie: right. >> in which case you don't need to mandate people like they're doing in california. jackie: i think you're right. most people in the country would agree we should set our sights
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on long-term goal trying to use other forms of alternative energy to power the earth and be part of the economy as well. we're just not there yet, andy. that is really the issue. then you come into a situation like this, you put the power grid in yep i did, you tell people you can't cool your homes, can't charge your cards. we have a picture we were showing earlier of west virginia coal miners pushing a stalled electric car. you can't to this kind of a vehicle. the irony here, is that the administration is trying to put the coal miners out of business, right? yet we're still drawing electricity from fossil fuels, like coal, natural gas and nuclear as well. andy, i mean, they are just throwing the baby out with the bath water here. the country is not ready. >> by the way that is an incredible picture. jackie: sure is. >> says so much without saying a word. the problem people really underestimate the amount of electricity that electric vehicles require. you know california has about
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600,000 electric vehicles. if they all were charging at once, that say people come home after work in the evening, they're charging their cars it would burn up about 14% of the electric grid. that's a tremendous, tremendous strain on the electric grid but california has a total of about 15 million cars. so if you make combustion engines illegal, you're talking about adding two million cars a year to, for rely on a power grid that can't even support 600,000 cars. so this is a tremendous problem for california. they have got to find alternative ways to generate energy. thomas is right. the innovation is the answer here, not government mandates but that is a difficult pill for progressives to swallow. they think they can mandate anything and it will automatically occur without, without any problems and that is just not the way it works. jackie: part of the innovation thaw both mentioned, thank you for that, andy, tomas, we basically need to make the batteries more efficient for
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these cars to hold charge. i think for example use iphone at the beach, it is 90 degrees my iphone is shut down. i have been skiing iphone in the pocket super cold. i turn on the phone, it is shut down of the battery technology is not there not only to store electricity, to provide it for the cars in a larger more meaningful way. also not there to power the cars yet. >> yeah i think that is clearly what seeing in the covid case, warp speed was the solution. it was not locking people in their houses. i think it is the same for energy. very analogous situation. currently the real issue is u.s. fossil fuel is greener than other fossil fuels in other countries in particular russia. there is no better opportunity now, with russia shut down the last couple days to shut down the pipeline in europe, there couldn't be a better opportunity to have less global warming and cheaper energy cost in the u.s. by using u.s. gas instead of
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russian gas. i think, i mean that is a huge missed opportunity given what happened the last few days. jackie: it's a great point. andy, final word to you. >> yeah, even people like jamie dimon who is, was an esg proponent and elon musk with tesla, electric vehicles, they're saying we need more oil, we need more gas. everybody acknowledges that we need to do more to beef up the electric grade grid to make it possible for people to heat up their homes, cool their homes and food that uses natural gas to produce fertilizers responsible for feeding half the globe. there are real problems here what is happening with oil and gas. there are real problems with the electric grid and the move to electric vehicles and, i don't know what california is doing. they pass law after law that seem incomprehensible. jackie: some people are saying gavin newsom thinks he will make
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a bid for president. tomas, andy, great to see you both. jackie: guess who biden is blaming now for the mounting evidence of students learning remotely, resulting actually the worst drop in math and reading scores in decades? conservative party members choosing liz truss as the uk's new prime minister replacing boris johnson. former advisor to margaret thatcher nile gardiner is with us next. stick right there. research shows that people remember ads with young people 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.♪
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♪. jackie: welcome back, liz truss is officially great britain's new prime minister following a meeting with queen elizabeth this morning. former prime minister boris johnson was also there to officially hand over his resignation. johnson announced his resignation in july following a series of scandals. fox news's greg palkot has more from london. reporter: jackie, the uk has a new woman at the top and she has got a lot to do. 47-year-old former foreign secretary liz truss met with
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queen elizabeth at her scotland estate today where she officially became prime minister on a vote of conservative party members. a few hours later she was walking up to 10 downing street with a full plate of challenges including looming recession and soaring inflation especially energy costs which she reportedly plans to cap. here is some of what she had to say. >> we shouldn't be daunted by the challenges we face. as strong as the storm may be i know that the british people are stronger. reporter: president bide congratulated truss via a tweet i look forward to deepening a special relationship between our countries and working in close cooperation on global challenges including continued support for ukraine. as it defends itself against russian aggression. in fact truss is expected to keep up backing for kyiv that former uk prime minister boris johnson championed as well as maintaining strong positions against china, iran and in favor of more defense spending. as for johnson he had this to
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say today -- >> that i'm now like one of those booster rockets that has fulfilled its function and i will now be gently reentering the atmosphere and splashing down invisibly in some remote and obscure corner of the pacific. reporter: instead most commentators say johnson will probably try to stage a political relaunch at some point. for now he and a lot of people here are wishing liz truss good luck. she will need it. jackie. jackie: greg palkot, thank you. joining me now, former advisor to margaret thatcher, heritage foundation director nile gardiner. great to see you. reaction to those photos. >> great to see. >> apparently this is interesting and first prime minister to meet the queen at balmoro, not in london. everything is happening a different way. the queen is 96 years old at this point. your paths and great britain has a energy crisis on its hands. she needs to try to resolve that rather quickly.
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>> yes, thanks very much for having me on the show today and of course a big day for the british people, the third female prime minister for the united kingdom. in many respects liz truss likes to model herself upon the leadership of margaret thatcher. she is a big admire earlier of the ion lady and she is a very strong conservative, limited government, low-tax politician. she has pledged to seek free market solutions to the immense challenges that the united kingdom faces and that is certainly the right approach. you don't want to see you know increasing taxes in the uk. you don't want to see massive levels of government spending. in fact you want to see the opposite of what the biden administration is doing over here in the united states which is really disasterous which is fueling "inflation in america." so liz truss is a very sound robust conservative, i think taking a very different approach. britain needs more economic
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freedom. it needs to be freed from the shackles of big government-style control and the uk once again needs to be a real champion i think for economic freedom on the world stage and i think that liz truss is certainly promising to deliver that. jackie: but there is a new poll out says there is only confidence from one out of every seven people that she will be a better pm than boris johnson johns was, what do you think of that? i know polls can be funny sometimes. >> liz truss certainly faces immense, immense challenges. there is quite a degree of public skepticism. after all boris johnson was removed within an internal coup within the conservative party. liz truss was basically appointed by the membership of the conservative party. that is about 200,000 people. that she has to prove herself over the next two years ahead of likely general election in 2024. she has time to deliver that but i think that liz truss is a very
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impressive track record as foreign secretary, as international trade secretary. if she follows the path i think of margaret thatcher really i think reducing the size of the state, cutting taxes, advancing, you know prosperity for the british people i think she will rise in popularity. so this is the beginning of her premiership. i think she has tremendous potential. i think she will do very well as prime minister. jackie: okay. let me just ask you in the last moment that we have because it is difficult not to, harry and meghan continue to get snubbed by the royals but in some ways meghan markle is doing this to herself going on the record with all these kinds of interviews. people are saying enough already, stop, try to make amends. that doesn't seem to be what is happening. royals seem to say okay, enough is enough. >> yeah i think you know patience with meghan markle especially has run out in the united kingdom. she is not a very popular figure in the uk. she is seen as hugely
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destructive in terms of her dealings with the british monarchy. so meghan markle is her own worst enemy i think actually and she has done a great deal of damage to the royal family. i think the british people are fed up with all of that. jackie: i think you're right. nile gardner, good to see you. thank you. >> my pleasure, thank you. jackie: outrage, you can't make this up, house speaker nancy pelosi's husband dodging extra 20% loss, selling nvidia stock before august u.s. restrictions while nancy herself now apparently vying for ambassador ship for italy? gop wins house majority in midterms. not too shabby for fancy nancy. media critics not buying white house efforts to blame trump for covid school woes. we have an education expert, nicole neily coming up next on the "the evening edit".
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♪. jackie: as kids head back to school test scores are dropping nationwide. new data from the department of education shows sharp declines in reading and math scores between 2020 and 2022. this is largest drop in reading scores since 1990 and the first-ever math decline. this is leaving families angry across the country. kelly o'grady in los angeles with more. kelly what are parents saying? reporter: jackie, they're angry. they feel like they're not being heard. they're unsurprised they have seen it developing in their living rooms. these are some of the things parents are sharing with me how covid closures and remote learning impacted education. these are their kids. parents feel forgotten. >> we created a system that is addicted to a status quo, that doesn't work for our kids and we don't even care because we don't care about the outcomes for kids. it is secondary. we have data to quantify it. now we'll hold them accountable because we're mad as hello. reporter: what is known as the nation's report card showed a
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five-point drop for reading for nine-year-olds the piggest since 1990 and biggest stroop in math. california results will be bad released later this year. the biden administration blaming the previous administration and touting $220 billion in school american rescue prann but it is not easy to track where all the money gone. no amount of money will recoup the recruiting losses. extra year, summer classes, targeted tutoring. it is worse for those already struggling. jackie heartbreaking talking to the parents they have to blindly trust the institutions,. these are our future leaders, future voters, if they are not learning it doesn't work. jackie: kelly o'grady thank you. welcome to the show parents defunding education, founder nicole neily. thanks for joining us tonight. good to see you. >> good to see you. jackie: with the midterms looming obviously this is a big issue. there are a lot of issues on the
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plate. post-covid we had the impression we would see these kind of dips in the learning capabilities of our children. now the data is starting to essentially confirm what our biggest fears were. your thoughts how education play in parents voting patterns across this country. many are very upset how it is happened here. how the teachers unions play politics. how the democrat blue states kept schools closed longer than they should. we are going it have to pay the price for that. >> absolutely. now with schools back across the country back in session i think it is really hitting home the amount of learning loss that has taken place. these scores confirm what parents have known for two years, keeping schools closed not only a disaster for children mental health but their academic treatment. the irony people who scream equity from the rooftops are put in place these policies, impacted most vulnerable studentsp is disgusting. for them to rewrite history,
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this isn't our fault. parents remember who was fighting tooth and nail to keep the schools closed. jackie: they're all the saying all the spending was not their fault. nothing was the democrat's fault, it was president trump's fault. 2020 was the worst of it, the thick of pandemic. ppp spending closures that we saw, one thing at that time before we had vaccines. then you had vaccines and teachers unions still wanted to keep the schools closed. they still wanted to mask our children. there is also some evidence that red states like florida kept the doors open a little bit more and that the kids are doing better there than they are for example in new york and in california. >> it is not surprising. any adult that has struggled through a zoom conference call knows exactly the hell it is to put these children on for seven hours a day for nine months out of the school year. no wonder that these children suffered. again let's remember, what the teachers unions said. chicago teachers union tweeted the push to reopen schools is rooted in racism, sexism and
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misogyny. these are the kinds of things we were told. we were shamed for wanting our children back to school to learn. what has happened? our children are in absolute freefall right now. jackie: i have a minute left with you. i want to ask you about some of the funding set aside during the covid period. there is evidence only 44% of the money was actually spent time prove schools. people are wondering the rest of the money where did it go? why did it use to help teachers get our kids back up to speed? maybe extra programs after school, to bring more teachers in, whatever? >> it is a great question. show me the money. where we know that the money has gone to, it went to pet projects like social emotional learning which is trojan horse for critical race learning to put identity politics into our classrooms. not keeping children from focusing on the basics. our children are suffering because the teachers unions wanted money in their pocket. jackie: in china they are not worried about critical race theory and not closed their
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schools because china wants to eat our lunch. nicole, thank you. >> thank you. jackie: pressure on lawmakers to ban members and their families from trading stocks. that is mounting. how it will affect nancy pelosi and her husband paul. they raked in a lot of dough. "the washington examiner" byron york is next. it■s hard eating healthy. unless you happen to be a dog.
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house democrats and republicans calling to vote on a congressional stock trade ban preventing congress -- members of congress and the families from trading stocks while in office. in a letter bipartisan group is urging for a vote to take place before september 30. hillary vaughn reporting with more for us. >> good evening. need to pelosi promised the house would vote this month on a bill that would ban lawmakers and their spouses from owning and trading stock while in office but the bipartisan group of house lawmakers want to make sure with house vote on has teeth. lawmakers including congresswoman alexandria ocasio-cortez and katie porter writing to the speaker asking it not just cover members of congress and spouses but any other children under the age of 18. they want to make sure lawmakers
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place investment in a qualified land trust that's truly blind and make sure there are no gimmicks or exceptions in the bill to undermine it all to remove any questions of conflict of interest. there are questions swirling around the speaker and her husband paul pelosi who don't stock in a chipped systems make before the house passed the act they gave billions to the industry. nancy pelosi spokesperson telling foxbusiness as always, he does not discuss matters with the speaker until trades have been made and require disclosures be prepared and filed. mr. pelosi decided to sell shares at a loss rather than a lot of misinformation in the press regarding the trade to continue but while paul sold the stock at a loss he dodged a figure loss unloading stock one month before the federal government placed restrictions on the company doing business with china and russia. >> hillary vaughn, thank you.
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impeccable timing. joining us now fox news contributor washington examiner byron, great to see you. your reaction? this isn't the first time paul pelosi has profited off what seems to be some sort of inside information and wouldn't be difficult to imagine he might get this from his wife congress will do x, y or z. there's not been a legal band before but resting for this restriction. >> as far as tough real reform, i guess i would believe it when i see it. paul pelosi has done very well. as an investor, the speaker of the houses has been, his profession is investor and he's done quite well. a number of times investing companies that later benefited from government action. the speaker has always denied any sort of connection between information she might have and her husband stock trades and says they cannot discuss that
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but it looks bad and lots of other members of congress have done pretty well after they get into congress. somehow they come to the house and senate with relatively low net worth and spend a few years there and their net worth is a lot bigger so i think what you see -- you seen a generational conflict. >> i just want to add this and i'm sorry to interrupt you, it's hard with the delay but there's data that indicate some newer numbers of congress failed to report stock trades in compliance with the stock act so it's not just nancy and paul if it is happening there, sorry. >> that's correct. but i think you have is a generational thing in which you got younger members of the ho house, all members of the house are younger than nancy pelosi but alexandria ocasio-cortez, stenberg and virginia, members from moderate districts who are worried about this appearance of
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corruption in the house. they have very good points but what kind of motivation does pelosi have to act here? she very likely will not be speaker of the house next year end likely not in the house at all if republicans take control. >> that's what i wanted to discuss with you, it appears she might be making a bid to be ambassador to italy of all places, she vacationed there this summer and shocked everybody, maybe horrified them wearing a swimsuit top with pants on the beach. thirty seconds, your reaction. >> that would be a very plum job, a nice reward for many years of service to the democratic party. trumps ambassador to italy was a businessman. it's now being done out of the job is done by state department
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of professionals, not at all unusual to reward someone in the democratic or republican party where they have this and italy would be one of the better postings i think we'd all agree. >> that's a good one. we are out of time but good to see you. i am jackie deangelis and for elizabeth macdonald. you're watching "the evening edit". we thank you for watching, have a wonderful evening. ♪ >> welcomed me back. what? the final sprint, it's officially underway because we are after labor day. democrats and republicans racing toward the midterms but the nation, look around, it's more divided than ever so why is president biden during gasoline on the fire? you may have heard the president last week held the fiery rally in columbia where he did the exact opposite of the united he wants pr
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