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tv   The Evening Edit  FOX Business  September 14, 2022 6:00pm-7:00pm EDT

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♪. dagen: there is no might, y'all need a bigger boat. shocking video capturing a moment right out of "jaws" when a shark leaped out of the water aboard a maine fishing boat. the incident started with a shark chomping on bait leaping out of the water to escape the fishing line. i love it. all of it. as long as i'm not in the water. that does it for us. elizabeth: potentially devastating nationwide railroad strike could happen tomorrow night. also this, backlash growing against the white house party celebrating the inflation reduction act as inflation slams u.s. families. guess what is missing from the president's economic blueprint. tonight fox business host larry kudlow, green energy expert nick loris, congressman greg stuebe, "new york post" jon levine, an exclusive with florida attorney general ashley moody. do as i say, not as i do president demands everyone going
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green. critics call him out for using lots of oil and gas to fly to delaware to vote and when obama and trump voted by mail. reuters reporting shocking. look at this story. democrats favorite green energy, u.s. ethanol. it is polluting twice as much as oil refineries. growing conflicts of interest over stock trading in congress. nancy pelosi's and her husband's lucrative stock trades are a big factor here. more local mayors in illinois speak out against illinois democrats for going weak on crime. this shocking harvard study, the u.s. has less cops per cap at this capita than europe after democrats defund the police. they demand fbi official tim thibault testify after blocking the hunter biden probe. how bad the border collapse is from biden's own border chief. i'm elizabeth macdonald. "the evening edit" starts right
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now. ♪ elizabeth: welcome to the show. we begin with stocks ending slightly higher today but not by much after the worst losses in more than two years on that hot inflation read. today, data came in showing wholesale inflation did cool in august but we've got this story for you too. hundreds of thousands paid their respects to the queen lying in state in westminster hall. now to this, amtrak canceling long distance trains starting tomorrow. the white house and businesses brace for potentially the first nationwide railroad strike in 30 years. that could happen at midnight tomorrow. we broke the story last week. we've got more details coming up on it. jeff flock is at the csx railroad facility in philadelphia. jeff? reporter: hi, liz. maybe you see the shipping containers back behind me at this port in philadelphia. i tell you if we get a strike on friday there will be a whole lot more stacked up. they have not thrown the towel in on negotiations but two
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unions still holding out. preparations continue all across the country for the strike. amtrak cutting long haul routes. shippers making at gnat arrangements here in philadelphia, for example, people moving to trucks from the rails. don't want to get a shipment stranded. the administration out of bullets to do anything about this they say they're trying. we'll see. >> we are working with other modes of transportation including the shippers and truckers, airfreight, airfreight to see how they can step in and keep goods moving. reporter: liz, the truth is the administration doesn't have much more they can do. the idea transferring what is on the rails to trucks kind of a non-starter. interest are not enough trucks out there already. if this happens it will be a mess. of course with the railway labor act, the only people who can do anything about it would be congress. but that would have to be in bipartisan fashion. not going to hold my breath on
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that one. liz? elizabeth: jeff flock, great reporting. look who is back with us now, host of "kudlow" on fox business, larry kudlow. we love having you on, larry. so great to see you. larry, how worry are but the railroad strike? looks like it could happen. could hit the economy and midterms hard. >> i agree with that, liz. things are in very poor economic shape right now between inflation and recession. if they go out on strike it is going to make everything worse, all right? supply shortages will reappear. prices are going to go up. people are going to get laid off. it is not a good story. nothing here is a good story i must say in general but, this will make it worse. elizabeth: how confident are you that the white house can fix it and congress can do anything? you look at the data coming in, larry, the trucking association is now saying they will need 460,000 long haul trucks running daily if this happens.
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we have a shortage of 80,000 truckers? >> well that's right. i mean you're way short on the truckers. trucking by the way i think carries something like 75% of all the goods that flow inside of the united states. and they're not going to be able to pick up the slack if the railroads, if the freights go out of business or if they go on strike or for how long. i don't think the white house, there is nothing they can do to be honest with you, it is an odd story because wages have been rising almost too much in some cases but i'm happy with higher wages as long as there is productivity. but my point is, politically, you know, they have invoked the taft harley injunction. that runs out friday as you know. i don't know what they expect to do. they should be sitting down, i mean if you had a functioning transportation secretary, for example, who doesn't sit around bad-mouthing fossil fuels every chance he gets maybe he could sit down and talk some sense.
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the president himself probably is going to have to get involved. will he get involved personally? i don't know the answer to that. elizabeth: you know, this comes, larry, that tone deaf white house party with, those are government workers celebrating the democrats inflation reduction act. of course, larry there was no mention inflation is accelerating getting entrenched. this is happening right as the dow was tanking. you know, larry, we looked at the president's new economic blueprint. guess what is missing? fighting over all inflation, fighting inflation in the five pillars. fighting drug costs. is he tone deaf is this probably the worst white house we could have at this point in time when it comes to the economy and inflation? >> i would say to you, liz, yes. people can say look i'm a trump guy i am going to say that. no, i'm saying they have mishandled everything. politically they were tone deaf. that was horrible so-called celebration yesterday after
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terrible inflation report. i mean, look, biden today, liz, said, that he, he inherited a crisis and he is created a resurgence. he just said that. i think he was in detroit. you know what? it is exactly the reverse. he inherited a resurgence, the economy was growing 6 1/2% with virtually no inflation and he has turned it in a year-and-a-half into a crisis. we have inflation, we have recession, we're going to have to have tighter and tighter money. washington and the bidens and schumer and so forth continue to spend with this recent legislation, maya mcguiness, the committee for a responsible federal budget put out a note last night, they have created $5 trillion in additional deficits, 2 1/2 trillion some odd just in this year alone. this is a spending problem. stop the spending. >> you know if you ranked it
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would be, i think as big as germany or japan. it would stand alone as its own economy the amount of spending we added, larry. the issue too is like, we did, he did inherit a v-shaped recovery. now he is saying he created 10 million jobs. he didn't. because the economy opened up after the pandemic lockdowns that democrats pushed. he is claiming they're lowering the deficit. no, it is because pandemic spending programs are going away and tax revenues are going in. larry, listen to what the president was also saying yesterday. watch this president. president biden: what a great day. exactly four weeks ago i signed inflation reduction act, single most important legislation passed in the congress to fight inflation and one of the most significant laws in our history. how long have we been taking on interests, by the time i got to the senate20 years ago. [laughter]. i'm serious. -- 720. i don't want to hear it anymore about big spending democrats.
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>> he got to the senate 720 years ago. i don't know what he meant by that let's back up. cbo, what was that? he has been around since nixon. maybe feels like 720 years for everybody else. cbo, moody's analytics upenn wharton, right? 230 economists jpmorgan chase says it does nothing to cut inflation. people are getting sick and tired of the topspin here. >> you know, look it, this is going to be and inflation election. elizabeth: they say, but they say it is an abortion election. they say abortion will drive out voters. >> well you know the polls i'm looking at, 35%, number one issue, inflation/economy. abortion down around 7 or 8% and climate change, liz, about 2%. so he is not selling this and it's not going to succeed and ordinary working folks are losing money every single month.
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17 consecutive months, real weekly wages have fallen. this is a terrible situation and unfortunately, even though i always am optimistic long-term i think the cavalry is coming, i think the congress is going to change, nonetheless, we've dug a deep ditch here around it is not going to be easy to get out of it. elizabeth: larry kudlow, thanks for joining us. good to see you, my friend. good to see you. >> my pleasure. elizabeth: catch larry's show weekdays, 4:00 p.m. eastern time here on the fox business network. we have growing conflicts of interest in congress with their stock trading. it's a controversy that includes nancy pelosi and her husband's lucrative stock trades. but the president demands everyone goes green but uses lots of oil and gas to go to delaware to vote? even obama and trump voted by mail. we have green energy expert nick loris. he is next. when a cough tries to steal dad's punchlines,
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♪. elizabeth: the president at an auto show in detroit today talking electric cars that cost almost as much as the median u.s. household income. plus energy pros warn the power grid can't handle the overload of all those new electric cars. we'll experience rolling blackouts and brownouts. grady trimble is in detroit, michigan, with more. grady. reporter: liz, this is the cadillac lyric ev.
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you can see how interested people are in it. the president was interested in it as well. he took it for a spin across the floor of the auto show today. he also took a figurative victory lap claiming his policies are the reason the automakers here in detroit and other companies across the country are investing in u.s. manufacturing. president biden: my economic agenda has ignited historic manufacturing boom here in america. where is it written that says we can't be the manufacturing hub of the world? where is that written? reporter: the reality is the investment in investment vehicles by ford, general motors and others were already well underway before president biden took office. on top of that electric vehicles make up only a small fraction of all new vehicles sales, just over 5%. you mentioned one of the biggest roadblocks to widespread ev adoption, how expensive they are. president biden met with gm ceo mary barra today.
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she praised him for the e-investment tax credit in so-called inflation reduction act, but a lot of electric vehicles probably won't qualify because not enough of the raw materials in their batteries come from the u.s. or the u.s.'s trade partners. the president also announced today a plan to expand the charging infrastructure across the country. $900 million is how much that will cost. it will cover 53,000 miles of the national highway system. elizabeth: grady trimble thanks for your reporting there. good to see you. joining us from green energy think tank, he is from c3 solutions. he is nick loris. great to have you back on again. nick, what is your reaction to the report by the president there about the electric cars? >> evs are exciting technology. demand is up but it represents a small percentage of the overall fleet. reality if people want electric vehicles we shouldn't need subsidies, mandates and regulations to get there. that competition will allow that
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process to take place. we're just merely shifting subsidies from taxpayers to electric car buyers. that is not necessarily what is going to bring about the innovation and cost reduction. it is merely going to result in an industry that remains dependent on subsidies. elizabeth: for a long time. i mean, yeah, so the president flies to delaware to vote? you know that's a lot of gas and oil that he used there when he could have voted by mail like trump and obama did. there is that debate. nick, this story, the green movement, democrats are really pushing ethanol in gasoline. reuters found, look at this, that the nation's ethanol plants produce more than double the climate damaging pollution versus the nation's oil refineries. reuters says the white house and epa will not comment on this. this is really damaging stuff. that it is ethanol that is poe it looking more than oil refineries but they keep going after the oil guys. >> yeah. it is very frustrating. our ethanol policy is backwards
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economically and environmentally and this has been demonstrated in government-funded studies through the government accountability office, through multiple academic research universities. it is costing us as taxpayers. it cost us as energy consumers. it is also costing us in terms of emissions and the environment because of a lot of the land use conversion that goes into incentivizing more corn for ethanol production. even at intergovernmental panel of climate change back in 2007 renounced ethanol policy as a good climate policy. they said it is damaging to the environment. it does more harm than good. we should back away from it. we have the policies that remain in place are bad for the economy and bad for the environment. elizabeth: but reuters is saying congress and epa routinely giveth noll plants ethanol plants. that the epa exempted 95% of u.s. ethanol plants requirements for emissions control. there is a long history of
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weaker federal regulation that lets ethanol plants sidestep key environmental rules. >> yeah. again it makes no o a small selt number of producers in select number of states and dispersing higher prices at the pump and environmental costs that occur socially across the country and across the planet to the rest of us. to give these ethanol producers a pass on the economy, on the environment, is just damaging policy and the mandate which was supposed to end in 2022 now goes into the hands of the environmental protection agency. so now we have unelected, unaccountable bureaucrats driving this policy forward. no matter how much it doesn't make sense on an environmental case, because of the political incentives we've seen this policy maintain, and again, it seems like there is going to be no end in sight debate all the academic literature showing how
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bad it is for the environment. elizabeth: are you worried about seacrest around john kerry's climate office, they have been filing requests who is on his payroll, but him and john podesta dictating tens of billions of dollars of climate change spending that taxpayers pay for you about we're not allowed to see what is going on. what do you think? >> transparency and oversight is must, now more than ever given the amount of money we're spending in the infrastructure bill, in the ira. there is a lot of money that is actually good money when it comes to research and development. there is a lot of money i would disagree are subsidies to mature technologies we shouldn't have in the first place. we should have transparency and oversight to see how the taxpayer dollars are spent. elizabeth: thank for joining us. >> thanks for having me. elizabeth: they are asking fbi official tim thibault to testify but allegedly blocking
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hunter biden probe. local mayors are. company cops are -- finding from harvard how bad it is to europe. cops and firemen, battle, battle vaccine mandates that continue to do this day. congressman greg stuebe thank you very much. >> thank you very much. >> i was allowed to work through the pandemic but i wasn't allowed to eat in a restaurant. i can wear the uniform, go to a burning building but not eat here! >> thank you. >> what's wrong with you people?! liable grid. go emerson software. go science people. go breakthrough meds and safe science. go space age welds for super silent cars. go big. or go home. from software that delivers new cures at warp speed, to technology that makes clean energy reliable, emerson innovation helps make the world healthier, safer, smarter and more sustainable. go boldly. emerson.
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♪. elizabeth: okay, we've got growing conflicts of interest in congress with their stock trading. we have a front row seat to legislation. this is a controversy that includes nancy pelosi and her husband's lucrative stock trades. connell mcshane on capitol hill with more. reporter: there were 97 members of congress mentioned in this new report from the "new york times" who might have conflicts of interest based on the committees on which they serve. all kinds of different examples mentioned in the report. there is a democratic congressman from the state of california, allen lowenthal. his wife bought shares of boeing march 5th, 2020. the very next day the house committee on which he sits released a damaging report on the company. senator tommy tuberville, republican from alabama was found to be trading in and out of cattle futures while sitting on the agriculture committee.
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former auburn university football coach telling us he has nothing to hide. >> you don't make a lot of money here. 174,000 is a lot to some people. i could stayed in private business made more money. i want to come up here and serve. i will take my money and put it, let it work in the capital markets and invest in the country. that is all i do. reporter: ohio republican congressman bob gibbs actually tells us losing money, that is part of the reason reason he thinks members should be allowed to trade. >> meltdown yesterday, 4% drop in the stock market. i felt that everybody felt that. i might notice it more than somebody that doesn't own any equities. reporter: "the times" found gibbs was buying shares in pharmaceutical company while the oversight committee he sits on was investigating the company and the industry. no mention of house speaker nancy pelosi in all of this. her trading is coming under scrutiny. the speaker made a comment. she believes a bill dealing with stock trading by members of
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congress will make its way to the floor of the house later this meant. liz. elizabeth: such an interesting story, thank you so much, connell mcshane. welcome to the show florida congressman greg stuebe. good to see you. we'll move on to this. local mayors in towns in illinois slamming the illinois democrats including the governor, for a horrible new law that eliminates cash bail, for a whole list of violent crime like burglary, arson and kidnapping. what is your comment on this. >> to coincidence in the rising crime in democrat led cities. people are outcrying. they don't want soft-on-crime policies. and they want people paying for crimes they're committed. we're seeing huge increase in crime in democrat let cities and states because of soft-on-crime policies. republicans don't stand for that. we stand for policies that require people to do the time, for the crimes that they commit. elizabeth: let's watch the mayor of orlan park in illinois go
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after democrat governor pritzker for not understanding that residents do deserve safety. watch this? >> i have no idea why someone would want this. it clearly puts citizens and police officers at risk in the favor of criminals who are violent and puts us all at risk. he is not listening to us on this. historically he doesn't really listen to any of us. he does what he feels like. did the same thing through covid and didn't listen to us. it is not a surprise he is not listening. elizabeth: how is he not listening? gallup says a majority of americans are worried a great deal about crime, at its highest in six years? >> this will be a huge issue in midterm elections. a majority of americans care about cities and communities they live in to be safe around democrats don't care for that. kamala harris herself was bailing people out of jail during the last summer where people were rioting. that is not the type of policies the americans support. that will be on the agenda and on the ballot in november.
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i think the american people stand for safety and security. elizabeth: even harvard university is putting out a study. it is finding the cop shortage in the u.s. is so bad in u.s. cities it is even lower per capita than france, germany, belgium and italy. that the law enforcement presence on u.s. streets is far below of japan, netherlands, norway and switzerland. >> if you're somebody that is interested in law enforcement are you going to go into the force under the current environment where it is defund the police? there is not support for our law enforcement officers? my father's a former sheriff. my brother still on the force in manatee county. he will retire soon as he has the ability to do that because there is not support in the community for the law enforcement. there is in places like florida but not in these other cities. that is having a huge detrimental impact on the safety and security of the american people. i think that will be on the ballot in november. elizabeth: congressman, cops and firemen, they have also had to deal with vaccine mandates, right? they have been, the way that they have been administered has been so uneven and unfair.
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in fact a new york city judge just tossed that out and said nypd cops cannot be fired over that. the first ruling of its kind. watch again former new york city fire department campaign brendan fogarty on this. >> i was a captain for the new york city fire department. i served for 20 years and i went from being essential to being disposable from the mandates. i gave my best years to this city, 20 years, from 21 to 41. then they take it away. at the peak of my earning career. i made it to captain. i was allowed to work in this city but i wasn't allowed to eat in a restaurant! in this city. >> thank you very much. >> i was allowed to work through the pandemic but i wasn't allowed to eat in a restaurant! i could wear the uniform, go to burning building but not eat here. when is wrong with you people? trust the science. you guys are [bleep]ed up. elizabeth: he got cheers for that. people got chills listening to it. there is so much common sense in
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that congressman. he is a 20 year vet. then he was suddenly deemed non essential? >> yeah he said it better than i ever could. thankfully we have people like that who served our country in the fire department or police department. thankfully in florida we don't have policies like that, which is why people are flocking to the state of florida. we doesn't have vaccine mandates. we should allow people to have those decisions. it is having a huge detriment on law enforcement, firefighters, because of the mandates in all the different cities. elizabeth: we've been reporting, congressman, you've been on about, the plummeting rate of arrests in the u.s. barely half of murder cases in the u.s. get solved. the national homicide clearance rate is at an all-time low, according to the fbi. so this is a fallout of democrats defund the police and policies that have hit u.s. cities really hard. final word? >> in homicides are at a record high in some of these cities. violent crime is at a record high in some of these cities. rhetoric has consequences. when you talk about defunding the police, young men and women
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who want to serve are not willing to go in and serve. that is having huge debt very meant on crime that will be on the ballot in november. elizabeth: congressman stuebe, thanks for joining us. >> thanks for having me. elizabeth: we have fox business exclusive. florida attorney general ashley moody, how bad the border collapse is from biden's border police. chuck grassley demands fbi agent tim thibault testify about his blocking the hunter biden probe before the 2020 election. the "new york post" jon levine here next on "the evening edit." >> sketchy foreign nationals all over the world, were lining up to make deals, multmultimillion dollars deals with zero experience hunter. some cases wiring him cash by the millions. ♪.
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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. ♪ good times. insurance! ♪ only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ ♪. elizabeth: joining us now, "new york post" columnist jon levine. jon, the breaking news coming in
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from john durham, he is the special counsel on the criminal probe of trump russia, that igor danchenko, he was the source for the steele does yes that has since been debunks. he was the source of the debunked moscow trump hotel story. he was a fade fbi informant starting march 2017 through october of 2020. john, implication of this, jon, this is around the same time james comey was leaking to getting professor to leak to the media about his conversations with trump over trump russia. so it seems like a concerted effort to really go after trump with a guy who has now been accused of lying to the fbi. >> well, right, exactly. this is, we just got to zoom out on this a little bit and just, just say this to yourself. the person who was the lead source on all of the information, is discredited information in the steele dossier was used to dog trump
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for years turns out he is an fbi operative. we know this because of the efforts of durham probe that president trump put in place to figure out the origins of the russia prone. as what you said about james comey, former fbi director leaking information. it shows there is a very, long, long history of partisanship within the upper reaches of the fbi. it goes back well before its current director chris wray. it is all something that needs to be investigated. elizabeth: jon, let's move on to this, senator chuck grassley, ranking member of senate judiciary, he is demanding former fbi agent tim thibault testify before the senate about allegedly shutting down the fbi's 2020 prone into hunter biden this happened before the election. watch this. >> fbi officials wanted to take action with respect to this separate investigative information that the fbi had in its possession related to hunter biden, however, thibault
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blocked the fbi. the fbi could have gathered more evidence with respect to hunter biden but cut bait instead. and the fbi and thibault cut bait right before the 2020 presidential election. how can the american people trust the results? elizabeth: and jon, here's the thing, here is what the senator is saying too, you know how hunter biden is being investigated by dave weiss, he is trump appointed u.s. prosecutor for money laundering, for violation of lobbying laws, for tax fraud? how is the fbi shutting down the hunter biden probe affecting that probe? >> right. well the senator believes that the fbi shut down a completely different potential probe into the first son. i mean we just don't exactly know what we don't know here.
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what we do know is tim thibault, not the football players, the fbi agent, was the point person in charge of managing tony bobulinski, who was one of hunter biden's business partners, who is the one who identified joe biden as the big guy. he, tony bobulinski gave detailed information to the fbi before the 2020 election. we're talking financial records, we're talking encrypted cell phones, things that have never to this date been made public and it all just kind of went down an fbi black hole. elizabeth: so more detail -- >> part of the reason is tim thibault. elizabeth: more detail on hunter biden versus igor danchenko with his falsehoods allegedly, right? >> right. it all just shows a consistent pattern within the fbi, which as i said earlier predates the current director chris wray. i don't -- it is not enough to merely have a hearing with chris
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wray. i think a much more broad-based inquiry is necessary an probably is planned by republicans should they retake the congress. elizabeth: what are we going to hear about the doj probe into hunter biden led by the u.s. attorney david weiss? >> that's a great question. we all remember it was at a critical stage, about six weeks ago. and it was, it was a shoe was going to drop at any moment. we're still waiting for the shoe but you know, i'm starting to think increasingly it won't happen before the midterms because of sort of agencies are wary of enat the fearing, seeming to interfere in elections which is probably a good thing to be wary of, but perhaps afterwards but who knows. elizabeth: got it. we'll have you on. jon levine. good to see you. thanks for joining us. >> thank you for having me. elizabeth: we have a fox business exclusive coming up, florida attorney general ashley moody on the shocking revelations how bad the biden border collapse is from biden's own border chief. it has been four decades of me
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doing journalism. that is pretty long. it has been a wild ride. what is really wild some of the stories that were covered, they're still coming up in headlines today. that's next. ♪ another busy day? of course - you're a cio in 2022. but you're ready. because you've got the next generation in global secure networking from comcast business. with fully integrated security solutions all in one place. so you're covered. on-premise and in the cloud. you can run things the way you want - your team, ours or a mix of both. with the nation's largest ip converged network. from the most innovative company. bring on today with comcast business. powering possibilities. age-related macular degeneration may lead to severe vision loss. and if you're taking a multivitamin alone, you may be missing a critical piece. preservision. preservision areds 2 contains the only clinically proven nutrient formula recommended by the national eye institute to help reduce the risk of moderate to advanced amd progression.
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♪. elizabeth: we're coming up on the 15th anniversary of our network. it is fox business. we wanted to show you the pretty wild and exciting ride etf had for nearly 40 years as journalist f you're new to the show or have been following us for a while many of the stories you hear now about say the irs have roots in my career. let's take a look. i'ms elizabeth mcdonald. "the evening edit" starts right now. >> elizabeth macdonald has been a journalist for four decades at "wall street journal" "forbes" magazine, money and "worth" magazine and is anchor of "evening edit" on fox business. her colleagues noted that mcdonald's watchdog journalism is protecting, looking out for the little guy with hundreds of
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articles about is abuses of taxpayers, corporate account be scandals and corruption on wall street and in washington, d.c. congress called mcdonald in twice to testify about irs abuses of taxpayers. mcdonald's coverage let to improved taxpayer rights and reforms at the agency. along the way mcdonald has won 14 journalism awards including highest in business journalism, gerald lobe award for distinguished business journalism, prestigious society of professional journalists award for outstanding public service reporting and the front page award for excellence in investigative journalism. mcmcdonald started out covering irs in the '80s when virtually no one in the nation was reporting on this powerful agency. that news exploded in the 1992 presidential race for the white house captured headlines nationwide how president george h.w. bush was gaming the system in a secret fight with
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the irs. mcdonald reported this expose' for out magazine, first time put the faces to the statistics of gay people murdered just for being gay. mcdonald name the story our "schindler's list" after navy sailor alan schindler was murdered for being gay in 1992. a murder that led to the clinton administration creating the infamous "don't ask, don't tell" policy in the u.s. military. gay rights groups including the anti-violence project said mcdonald's expose' ignited reforms of police departments nationwide. to begin reporting and tracking data for the first on gay hate crimes. she then went on to the "wall street journal" where she again captured headlines nationwide when she broke the news about how the church of scientology got a secret back-room deal from the clinton administration. mcdonald also broke the news at "the wall street journal" about how president john f. kennedy and his brother, attorney general robert kennedy,
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used the irs to secretly attack, audit and muzzle jfk's political enemies both left-wing and right-wing groups. how these political audits outnumbered those by richard nixon n a chilling twist mcdonald uncovered how the kennedys got the irs to audit assassin lee harvey oswald group, fair committee before oswald shot and killed jfk. that added a fresh angle to the kennedy as nation. mcdonald covered allegations of political audits under the clinton administration and obama white house irs targeting scandal. mcdonald was one of the first journalists in the country to sound the alarm in mid '90s about coming wave of corporate accounting scandals at "the wall street journal." mcdonald reported on burgeoning subprime derivatives fraud which blew up into the 2008 financial crisis. she went on to "forbes" magazine
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as a senior editor. while at "forbes" mcdonald's created world's 100 most powerful annual list. spotlights powerful women around the world. today mcdonald continues to cover wall street and washington as anchor of "the evening edit," calling out abuses affecting taxpayers and investors. mcdonald is author of book, skirting heresy, the life and times of marjorie kemp, based on a true story what was going on in accounting lick going on in accounting her play debuted to critical acclaim in 2008. mcdonald a author of children's book, titan, a new myth. mcdonald is looking forward to continuing her watchdog journalism. elizabeth: it has been quite a ride. i wouldn't change a thing. i want to thank you so much for watching, joining us all of us here at "the evening edit." we appreciate you tuning in
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every night. we want to tell you this too, we'll take our show on the road to the nation's capitol to get answers from those directly making decisions that affect you and your families every day. so tune in october 17th and 1th for two very special editions of "the evening edit" live from d.c. won't want to miss it. we have a fox business exclusive coming up, florida attorney general ashley moody on the shocking revelations about how bad the border is from biden's own border chief. that is next on "the evening edit". ♪. and buying your starter home. or whatever this is. but the things that last a lifetime like happiness, love and confidence... you can't buy those. but you can invest in them. we believe that your investments should work harder for the future you imagine. and that's where our strategic investing approach can help. t. rowe price. invest with confidence.
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elizabeth: joining us now for an "evening edit can" exclusive, florida attorney general ashley moody. it's great to have you on. >> great to be with you. congratulations on such a successful career. elizabeth: thank you. little embarrassed about that. [laughter] can you talk to us about what biden's border chief, raul ortiz, is admitting to? it's coming from his deposition in florida's lawsuit against the white house's catch and release policy. what are you guys hearing? >> i am so grateful for public servants, folks like chief ortiz. he came out and told the truth. of course, he's under oath unlike the white house press secretary when she comes out every day and says no one's
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walking across our border or even, you know, kamala harris in giving an interview yesterday where she looked a reporter in the eye and said our border is secure. meanwhile, yesterday i released a memo by the border patrol that said, you know, administration is boeing to cancel title 42 -- going to cancel title 42. when they do, our plan is to just hunker down and release everyone and let them pour in, release lease them straight fro- elizabeth: what does he say? what is ortiz saying under oath? >> yeah. well, he said, you know, we have this memo that was released, it's something that i have never seen like it in my 31-year career in border patrol, and it's a memo that says, hey, when title 42 is suspended -- and, by the way, remember, the only reason it is still in place is because responsible public safety-minded a.g.s, florida and so many others, sued to stop it. because we knew, the border's
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already chaotic. elizabeth: but we've got ortiz on tape. let's listen. watch this. >> since priding was elected, does this document indicate that alien ares illegally indicate the united states perceive that they will be able to enter and remain in the united states? >> yes. >> is the crisis that is currently ongoing at the southern border making the border less safe for americans and aliens alike? >> yes. >> so if migrant populations believe that they're going -- they're, there are not going to be consequences, more of them will come to the border. is that what you're saying? >> there is an assumption that if my grant populations are told that there's a potential that they may be released that, yes, you can see increases. >> it will increase at an an exponential rate? is that what's being suggested
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here? >> i do think it will increase, yeah. elizabeth: that's a lot. but the white house is saying something totally different. >> and it's not just the white house. the vice president said it herself yesterday. she tried to sell the american public that our border is secure. you tell me, is our border secure? in the month of july, we had the most fentanyl seized ever in the history of our country, enough in the one month to kill our entire u.s. population. this year alone, this one fiscal year will break, shatter number of people coming into our country -- elizabeth: but the white house press secretary -- >> unvetted. elizabeth: but the white house press secretary is blaming trump. watch this. >> we had to, to fix something that was broken especially by the last administration, the trump administration, which largely just tried to build a wall, an ineffective wall, along the border and couldn't even finish that in four years. we're certainly doing a lot more to secure the border, and we
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could be doing even more if republicans would stop their obstruction. elizabeth: it was democrats who were obstructing trump on the wall. your word on that. >> they have torn down completely any semblance of security at the border. please keep in mind the last full month of the trump administration they released only 17 people into the interior. if now, because they have purposefully reduced their detention capacity, they have purposefully stopped detaining and deporting folks as they are required to under florida -- under federal law. they are releasing tens of thousands of people into the interior every month unvetted, and our states, our law enforcement officials are dealing with the aftermath. i met with a group today, her desperately trying to keep -- they are desperately trying to keep pace with the record amounts of fentanyl coming into the state, the record amount of those flooding into our states
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that are unevented, those that the biden administration is not taking into custody, even many that are coming across and being detained that have committed crimes. it is astounding -- elizabeth: yes, it is astounding, yes. attorney general ashleyed moody, thanks for joining us. i'm elizabeth mac macdonald. you've been watching "the evening edit." thank you so much for watching and have a good evening. ♪ kennedy: hello and welcome to it. the question on everybody's mind, are these prices ever going to go down? inflation is making people's lives absolutely difficult, and for many people, unlive and terrifying. the the question is, when are they going to go down? well, according to the president, you're absolutely crazy. this is all in your head. nothing is really that bad. food? eating? completely overrated. we've got wholesale inflation numbers out today, still u

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