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tv   The Evening Edit  FOX Business  December 1, 2022 6:00pm-7:00pm EST

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- call the number on your screen. - look, why don't you call aag and find out what a reverse mortgage can mean for you? - [announcer] call aag, the country's number one reverse mortgage lender. - call the number on your screen. david: we love these volcano pictures. don't you who have to watch? you don't want to be there, but you love to see these things. the last one, this a mauna loa. last time it spewed it lasted nine months. i will see you tomorrow. jackie: is this joe biden's let them eat cake moment? ahead of an expected lackluster jobs report tomorrow president biden will be serving up maine lobster for his lavish party of a mere 300 guests.
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recall that whole foods recently announced it would stop carrying marion lobsters due to environmental concerns. we have a lobster expert directly impacted. a former twitter executive said it was mistake to censor the hunter biden laptop story. a alleged bombshell report that china is using tiktok to influence elections as apple's tim cook ignores questions from fox business. two critics ripping the press secretary that president biden visiting the border as president when he didn't. >> he has been to the border. since he took office. >> when did he visit the border? jackie: can't make it up. jackie deangelis in for liz getting elizabeth mccdonald. "the evening edit" starts right now. ♪. jackie: good evening, welcome everybody, start with a look at
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your money. stocks ending mostly down today, the dow ending 200 points lower as investors awaiting tomorrow's big jobs report. the senate passing a bill to avoid a railroad strike while rejecting separate measures to give rail workers extra sick leave days and to extend cooling-off period between management and labor for 60 days. fed chair jerome powell saying there is no quote clear progress that inflation has turned a corner. at least 20 states are offering relief checks to help residents cope with rising costs. you will remember that jerome powell said inflation was transitory. grady trimble has reaction from residents at a illinois grocery store. grady, to you. reporter: jackie, some states call them inflation relief checks. they are supposed to help people afford everyday necessities like groceries here at happy foods but some economists argue they are making inflation worse. by our count about 21 states, red and blue alike, have sent
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out some form of these quote, unquote, inflation relief checks, depending on your income and family size. in illinois, for example, some families received up to $400. in other states like colorado, residents got a lot more as much as $1500 for some families. the shoppers we talked to here say with prices as high as they are, these checks, whether from the states or the federal government don't go far anyway. moody's found this october we spent $433 more than we did a year ago because of inflation. that is down slightly from september but as you can see even with inflation coming down it is still hitting americans pocketbooks every single day. jackie. jackie: sure is. grady trimble thank you. for more on all of this economic uncertainty under the biden administration welcome house natural resources committee ranking member congressman bruce westerman along with former u.s. treasury official michael falkender.
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let's start with you, congressman, and talk about the 20 states helping folks deal with inflation which sternly has not been transitory and actually has really hit the pocketbooks of a lot of people. now states have to write the checks, give some sort of a break to residents. essentially it is more handouts, more stimulus, while we're combating 7.7% inflation. >> good evening, jackie, good to be with you. we're getting into what old programmers call a continuous do loop. we have inflation because we put too much money into an overheated economy and the solution now is put more government money into the economy. so this isn't the solution to lowering inflation. the solution is to increase supply chains so that we've got more products out there, we're not putting undo pressure on stressed supply chain side. jackie: now we have the sound bite from jerome powell where he is talking about inflation. i want to listen to it because the words are really important.
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>> we have a risk management balance to strike and we think slowing down at this point is a good way to balance the risks. the time for moderating the rate of pace increases may come as soon as december meeting. it is likely restoring price stability requires holding policy at a restrictive level for some time. history cautions strongly against prematurely loosening policy. jackie: michael, the market got excited about the first part of this statement. maybe he will not raise rates as much as he has been as soon as december. the second part says restoring price stability will require holding interest rates at a restrictive level for some time. we're still in for rate hikes here. >> we are. the confusion from chairman powell continues. on one hand he wants to talk tough because he was so late starting interest rates curbing inflation, blaming it on transitory factors now he is behind. he doesn't want the economy to tank by having it go into recession but at the same time he wants to send a message that
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he will be firm on prices. you know the other thing, jackie, i would point out that's a little bit frustrating about his remarks yesterday is that he said only the fed is taking the lead on dealing with the labor shortages. as the congressman just mentioned there is also a role for the administration and congress to play in relaxing some of these supply constraints so we're not solely reliant on monetary policy to bring inflation down. jackie: no. that is an excellent point but jerome powell said back in the late summer in jackson hole that he was going to raise rates and he would definitely anticipate that the labor market would slow. there is a new survey out from challenger, gray & christmas. you can see that the layoffs are starting to add up here. that is what i've been talking about with respect to a cooling economy and this administration keeps saying but the labor market is fine. you start to add these numbers together, most of them in the tech sector, that you realize
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they're adding up significantly. and 2023, congressman, will be brutal for a lot of people. meantime you add to this, $433 per month year-over-year, according to moody's what inflation is costing the average american right now? >> yeah. it's, it's an untenable situation when you've got inflation and you're seeing a weakening job market. we saw that the new unemployment claims actually decreased but the continual unemployment claims grew this past week, to the highest we haven't seen back-to-back home across the country tells me they cannot fine people to work. jackie: yeah. >> they have got jobs they can't fill yet you're seeing continued
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unememployment claims grow and lower -- yeah. jackie: i have studied this extensively. i'm not sure i have the right answer but what it seems like is, people are getting laid off, yes. those people were in the workforce, gainfully employed. the labor force participation rate is going down because when you look at that map where we showed 20 states of people getting additional benefits of, to help them combat inflation but also of course this is an administration that spent a lot more to help people overall they say you know, why should i go to work? why should i bother? if i stay home long enough they will send me another check, michael, right? >> that is exactly the problem is that all of this federal money largely that was sent out did not have work requirements associated with it. as you were saying we're seeing labor force participation rate last month in the jobs report declined. we're waiting to see what tomorrow's report will provide us with but when you have people sitting on enough money from all
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of the excessive government stimulus checks that have been sent out now they're getting them from the states, there is less work to go fill all of those job openings that are out there. so we've got work, we've got employers looking for jobs. the jolts report earlier this week said we're still above 10 million job openings. yet they can't find enough workers. this is where congress, i hope the next congress, reimposes job requirements for receiving federal aid in many of these programs. jackie: it is an excellent point. in the last moment we have left, congressman, if i can just ask but the railroad strike which was averted, the house passed the bill yesterday, the senate approved today, those additional paid sick leave days not included but this would have been a huge colossal problem for the biden administration in this current environment when they said this they pretty much had it all wrapped up, everything was fine and yet at the last minute they say, we need congress to step in? >> i think this is a bad precedent, jackie. you've got a group that was literally holding the american
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economy hostage. it was so bad that the hostages became sympathetic towards the hot damage takers. everyone wanted congress to bail out the situation to approve an agreement that should have been worked out between the employees and the companies and it shows the failure of the biden administration to deal with an issue that he claims to be an expert in. that is labor issues. jackie: no. that is an excellent point. he certainly does. it is ironic to say the least. congressman bruce westerman, michael falkander thanks for your time. >> thank you. jackie: the supreme court agreeing to decide whether the biden administration can cancel student loan debt for millions of americans. they are putting it on the a fast track timeline that won't be until next summer a former twitter executive admitting it was a mistake to censor the hunter biden laptop story. congressman james comer next on
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well, we fell in love through gaming. but now the internet lags and it throws the whole thing off. when did you first discover this lag? i signed us up for t-mobile home internet. ugh! but, we found other interests. i guess we have. [both] finch! let's go! oh yeah! it's not the same. what could you do to solve the problem? we could get xfinity? that's actually super adult of you to suggest. i can't wait to squad up. i love it when you talk nerdy to me. guy, guys, guys, we're still in session. and i don't know what the heck you're talking about.
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♪. jackie: be democrat senators are taking issue with twitter under elon musk amid claims by the billionaire owner that twitter interfered in elections prior to his takeover. hillary vaughn on capitol hill with the latest for us. hillary? >> reporter: good evening,
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jackie. elon musk is promising twitter 2.0 will be better. that their approach to patrolling content own their platform will be more even-handed. republicans are looking forward to that who have been concerned that social media sites like twitter are unfairly biased against conservatives but some democrats want the old twitter back. so does the european union who has threatened to ban twitter if elon musk does not follow a checklist of rules and stop an arbitrary approach to reinstating banned users. senator elizabeth warren also has a problem with how things are being run at twitter hq with musk in charge. >> elon musk is doing just fine. >> reporter: but do you think users have a right to freedom of speech even if what they're saying is wrong or offensive? >> i think that one whom human being should not decide how millions of people communicate with each other. doesn't make that difference who that is. one human being should not go
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into dark room by himself, oh, that person gets heard from, that person doesn't. >> reporter: apple ceo tim cook was on capitol hill to meet with lawmakers. he did clear the air to meet with elon musk yesterday to assure him that removing twitter on the app store was not on the table. jackie. jackie: with more on this and hunter biden laptop story, oversight reform committee ranking member congressman james comer. congressman, before we get to the hunter biden part of this, if we could back up to the sound bite of elizabeth warren. when jack dorsey was going into the dark room and he was arbitrarily saying what, who should be suspended it was completely fine. now that it is elon muskesque everybody has a problem with it. your thoughts. >> how the tables have turned for the democrats. twitter, to a certain degree, facebook, they were wholly owned subsidiaries for democrat
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campaigns the last four years. we have new leadership at twitter. zuckerberg is trying to come clean at facebook. we'll get answers to questions many conservatives have a long time how involved the government was in censuring conservative material on the social media sites. i think from this day forward we're going to have a better environment on twitter and facebook that respects free speech. jackie: i think you're right and i think what is being missed here or not explained properly, i'm not sure what it is, but what people are missing is the fact that elon musk isn't censoring anybody. he is allowing both sides to step up and speak their minds. >> right. jackie: whereas when twitter was not under his leadership only one side was allowed to give their point of view. let's move on to the hunter biden piece of this because the former executive from twitter, we've got the sound bite where he talks about what should have happened and how he feels about it. let's listen to that. >> we didn't know what to believe. we don't know what was true.
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there was smoke and, ultimately for me it didn't reach a place where i was comfortable removing this content from twitter. >> so it was a mistake? >> in my opinion, yes. jackie: so he wasn't comfortable removing the material and in his opinion it was a mistake. what i find interesting about that too, is, if a story is out there even if it is not necessarily verified you can say that right? people were saying that on twitter. it hadn't been fully investigated yet but reporters were digging into it. it was something that was unraveling, unfolding. what place did wit twitter have, what authority did twitter have saying people shouldn't read the content? that is censorship and he is admitting that now. >> right. he didn't have the authority to do that we'll work on a legislative fix where government officials can't get involved in censuring free speech. that is something that we want answers to with respect to who all from the government was communicating with twitter about
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censuring that particular story, the hunter biden laptop story. they ran with the steele dossier for four years until everyone finally figured out it wasn't true. jackie: right. >> but the hunter biden laptop story which was true they banned on twitter. it was right before the election. i think we all know it would have impact on the american election if people had known all the influence peddling joe biden was doing for a decade. hopefully we'll get answers. hopefully elon musk will turn over the information and congress can have it to get a legislative fix so this doesn't happen again. jackie: what is i's mag about the story, this story reported this laptop was found, allegedly there was this content on there. that is all they were saying. nobody was saying this is fact, it is hard and true. they said it was a developing story. we're looking into this. look, it did turn out to be true. meantime peter doocy at the white house in a press briefing with karine jean-pierre how they will handle twitter from here.
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let's watch. >> when will you guys delete the white house twitter account? >> why would we do that? >> you're saying you're keeping an eye on twitter because it might not be a suitable platform so why use isn't. >> i want to be clear here, the president always said, been very clear in his belief it is important social media platforms to reduce hate speech and misinformation but media platforms make independent choices about their information that they present. jackie: i mean, i will just ask for your reaction on that? >> well, the white house is off their game. they never saw this elon musk change at twitter coming. they never thought elon musk would come clean with twitter's involvement in suppressing conservative speech particularly the hunter biden laptop story. so i don't think the white house is going to have a good answer to anything peter doocy asked him for anytime over the next few weeks. i mean they are completely
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rattled by this. this was a big part of their propaganda machine. and now it is gone. jackie: no, it will be very interesting to see how it plays out. advertising will be a big part of this for elon musk and he is trying to incentivize the advertisers to come back. so this is an ongoing saga, but it's a battle for free speech. he is fighting that battle. he stepped up for millions of americans to do it. congressman james comer. great to see you. thank you. >> thank you for having me. jackie: a report alleging that china's using tiktok to go after u.s. lawmakers. and now, we've spot an ftx investor who lost two million dollars of his own money in the collapse. is sam bankman-fried a minnie-madoff? we asked him. >> a lot of people look at you and see bernie madoff. >> yeah. i mean i don't think that's who i am at all. the whole thing as i understand it, i think was just one big ponzi scheme, right?
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jackie: the senate probe into disgraced crypto firm ftx kicked off today. this is one day after former ftx ceo sam bankman-fried went on defense and denied committing fraud. kelly o'grady in los angeles with more report report always good to see you, jackie. this all took center stage at a hearing. the senate agriculture committee seeking to get to the bottom of
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the ftx collapse. the commodities futures trading commission said their authority was limited to engage what the platform is dealing with. revealing sam bankman-fried met with them 10 times in the last 14 months pushing specific crypto legislation. while the disgraced founder is speaking publicly about the collapse in interviews he is choosing his words carefully. i didn't ever try to comitt fraud. i didn't knowingly comingle fraud. ftx is blaming the sister company alameda for the mess. he didn't know what was going on there even though he was the owner. very simply ftx customer assets was loaned out to alameda and the user agreement said that they would not take user money. to sbf says that is not fraud. he shared a stunning admission stray mission saying in a "good morning america" interview saying there was something deeper wrong there i wasn't even
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trying. i wasn't spending anytime or effort trying to manage risk on ftx. i think i got a little cocky. likely little comfort to the million customers hoping to get billions back. jackie. jackie: kelly o'grady thank you, joining us now. a ftx investor who lost two million dollars in the collapse. evan, great to see you again. i want to first start getting reaction to sam bankman-fried not only participating, speaking loosely in this "new york times" deal book conference yesterday and appearing on good morning america this morning when investors like you want to know who is getting to the bottom of what actually happened here? >> yes. it is very surprising and actually pisses me off he is using the media to frame a
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narrative that benefits him and influencing a lot of people in the wrong direction. it is clear whatever he is saying online, on tv is false. he is trying to take blame away, blame alameda. all the time we've seen documents just come out that late 2020 he was signing documents for companies alameda was acquiring but he was the one signing those documents. it was his signature. he was very well aware what was happening. ftx grew pretty fast in three years. you don't grow fast using 15 billion in user deposits without knowing what is going on. he was well aware. there is no doubt. there is a lot of evidence. he is lying. i'm very surprised all the mainstream media giving him that stage. they should not give him that stage at all. jackie: it is surprising to me, i think back to bernie madoff. i think when he was exposed, two weeks later not only was he not under arrest but was sitting down with the "new york times" at a conference. at one point where he laughed
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and or smirked said he had a bad month. everybody in the room laughed as well. i imagine that would be offensive to investors like you. we've got a sound bite from yesterday though. let's listen to it. >> there are things i would be banking to do over again. i was shocked by what happened this month. look, i screwed up. i was the ceo of ftx. i had a responsibility. there was no person who was chiefly in charge of positional risk of customers on ftx and that feels pretty embarrassing in retrospect. jackie: i'm just curious, how it feels to you when you hear him say i screwed up? we had no risk controls in place. how could that be? >> i mean he needs to realize there is consequences to screwing up, right? a lot of people screw up but they pay what is due. he needs to be behind bars right now. he needs to be, somebody needs to take action on him right now, whoever is responsible needs to step up and deal with the
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responsibilities. he should not be there. he is a criminal. he has broken a lot of laws. he was very well aware what was happening. this did not happen overnight. you cannot spend 10 billion dollars gone missing overnight. i'm sure he was aware of what was happening. these are blatant lies he is giving. jackie: today senate agriculture committee has the chairman of the cftc in. they're holding a hearing. they're asking questions about regulation. i thought this was an interesting twist for two reasons. number one, why aren't you questioning sam bankman-fried or maybe the justice department or the u.s. attorney's office is planning to do that? we don't know. but number two, he allegedly supported legislation that was proposed to have the cftc regulate crypto instead of the sec. and the speculation there is that the cftc would have been a little bit of an easier mark for them versus the sec who might have been a little stricter. seems like everything that this man did was very calculated,
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very thought out, including the donations that he made to different senators campaigns and we've got a full screen of some of their photos there. you can see here both republicans and democrats, evan, but you imagine some of these people are going to be deciding his fate. you think about hunter biden and his china dealings, people saying well the president could potentially be compromised because of those dealings. you look at the senators, they may be compromised in how they deal with this? >> 100%. i think there is definitely somebody giving him a lot support behind the scenes and a lot of influence. no way this guy is out there without having any issues. he should be scared of being in jail. he should already be in jail. we definitely have to question those donations that have been made. everybody knows by now that the donations were not his money to donate. they should be refunding these donations. why they have not done is a big question also to these politician senators. so 100% he is getting support. somebody needs to it also look
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into this. definitely investigate. >> this is really important. chairman of the cftc said this at the hearing today. >> somehow 2% of u.s. customers have exposure to ftx. folks will find a way to get exposure to offshore entities or activities even if it is prohibited in the u.s. we have to do something about that. jackie: do you agree with him, even if crypto is more regulated, people who are investors will find other ways or go invest offshore? do you agree with him? sounds to go me like somehow he is in some ways not making light of it. he is saying we need to find a solution. having said that he says look, people are going to do it? >> yes. at the end of the day the fundamentals of bitcoin have not changed right? bitcoin is giving power back to the people and taking power from a centralized system. that is still true today, stronger than ever. not your keys, not your crypto. at the end of the day what sam bankman-fried has broken our normal laws. even this was not crypto he
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should already be in jail. so with that kind of stuff going on outright crime is very normal. you don't need no regulation for that. jackie: right. >> follow the regulation already in place. you should go and arrest him. jackie: that is the thing. you bring up a great point here. i want to clarify that for our viewers. why isn't he in jail? why isn't he been extradited from the bahamas? because no formal charges have been brought. until that happens you can't own force extra decision. we appreciate your time tonight. we'll continue to have conversations with you as this plays out. thank you. >> thank you, guys. jackie: okay. the supreme court agrees to decide if the biden administration can provide mass student debt relief. what will happen until then? fox business is holding those in power accountable. our very own hillary vaughn asks apple ceo tim cook the tough questions today. we have congressman darrell issa hot off of his meeting with cook next on "the evening edit."
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>> do you support the chinese peoples right to protest? do you regret restricting airdrop access that protesters used to evade surveillance from the chinese government? do you think it is problematic to do business with the communist chinese party when they suppress human rights? ♪ can he stand on his own... once he's all on his own? this is financial security. and lincoln financial solutions will help you get there. as you plan, protect and retire. ♪ who's on it with jardiance? ♪ ♪
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customizes your car insurance so you only pay for what you need! (limu squawks) he's a natural. only pay for what you need. ♪liberty. liberty. liberty. liberty.♪ ♪. jackie: welcome back. apple ceo tim cook in washington, d.c., today to meet with gop lawmakers who will likely chair committees overseeing the tech industry. this as senator josh hawley to cook urging him to reduce apple's dependency on foreign labor in china and condemn china's covid crack down. joining me house judiciary committee darrell issa met with cook today. congressman, good evening.
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wonderful to see you. i will simply ask you, our understanding that parts of this meeting were tense. tell us what happened in that room. >> you know when you're dealing with a number of issues, obviously the question of whether tech is being tech or it is involved in politics, whether it's here or on the other end of the globe, so we discussed a number of those issues but we also pivoted to the need for better protection, better encryption of the products. obviously we touched more than a little on china, not just his dependency on china but the fact that he is in no position to advocate for free speech but at the same time he has an obligation to provide a product that meets the needs of people there and in the u.s. so there were a number of issues. we took about half an hour. i promised to follow up again. i took him at his word when he said that when it came to interfering in politics, what we call section 230, taking down free speech or prohibiting
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somebody from the app store, he said he would keep his thumb off the scale, that he would be switzerland. i took at his promise. we intend on holding him to it. jackie: what about the airdrop function? there have been reports that the airdrop function in china has been disabled a lot of people are saying during the time of the covid crackdowns and protests there, this is a pivotal way of disseminating information. what did he say about that? >> we talked about those issues. airdrop is a unique future that gave the people in china the ability to circumvent the airwaves but a number of other features apple phones do well, encrypted and encrypted texts. also whatsapp, other apps being used there. so we discussed the other ways that would still be possible to help people in china doing it. the big thing about airdrop is, you can't shut down an airdrop network. it remains active even on an airplane. when that was taken away it meant in those situations where
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the cell system was shut off they couldn't use that tool. we have that ability in the u.s. we would southernly like it available worldwide but we don't control china. since nixon opened up china we've told corporations to go there. we're now telling corporations to come home when ever possible and quite frankly not to transfer technology to china because china has proven not to be a reliable, you know, on human rights, number of other areas. but a lot of that belongs in washington. we just want to make sure our tech companies remain our tech companies and among them the largest of course is apple. jackie: and what if any steps is apple taking to reduce its dependence on china? because over the course, you mentioned the nixon era when ths opened up, how things are changing as time goes on, things evolved, we've seen other companies move their operations out, try to bring them home,
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back to the united states or within the region to other areas? is he considering anything like that? >> they are and i think the important way to look at an iphone is, it's a battery and a butch of chips. so-- bunch of chips as we make batteries here, lithium batteries here, bring chips back here, intel, taiwan semiconductor, intel, qualcomm, broad come, as they make chips here, empowers the product to make here. the final assembly of the iphone is not the problem, it is the components. that is where the chips act, a number of other initiatives and many more that have to occur that government has a role in. we need to help fight through the bureaucracy and even the tax disadvantage if we want to have these key technologies back in the united states, not just for apple and the consumer but for national defense. jackie: sure, for national security. if i may just before i let you go ask but the report that
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tiktok, china is using tiktok and the data that it harbors from it to go after u.s. law makers? >> well, all of us that, many people i know have tiktok, all their employees. governor noem has taken it off her entire state. we recognize this is a clear embezzlement of product from all of us and, i would just say to all of your viewers, as much as you might like tiktok, if you put it on expect that you've given up a lot including your passwords and other information you didn't intend to give up. jackie: i hear you congressman. i have never put it on my phone. don't intend to. i don't need to see the content and give up that kind of a personal freedom. it is really, it is very, very, it is shocking. >> there are better, better actors in the world you can work with. they're not a good one. jackie: great point. congressman darrell issa. good to see you tonight.
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>> thank you. jackie: so why is the white house saying that president biden went to the border when we have no proof that he actually has done that? he did say jill went to the border. plus a lobster expert straight from maine on biden's damaging regulations, what she thinks of the president serving lobster at his ritzy white house state dinner tonight, all on "the evening edit". ♪. nexium 24hr prevents heartburn acid for twice as long as pepcid. get all-day and all-night heartburn acid prevention with just one pill a day. choose acid prevention. choose nexium. (woman 1) i just switched to verizon business unlimited. it's just right for my little business. unlimited premium data. unlimited hotspot data. (woman 2) you know it's from the most reliable
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maine. i'm outraged about the story. i first dug into it, there is risk in the netting in the fishing equipment, trying to go after lobsters you may possibly entangle a right whale but it doesn't actually happen often, and so we're trying to cancel an industry in maine baste on something that could happen. >> right. the way that works if lock sister fisherman are out fishing their gear is designed in a way the lobster traps sit on the ocean floor. there is a line that connects the traps to a byou at the surface of the water and not only is it extremely unlikely it will entangle a right whale. there is no overlap where our gear sits and where right whales transit. we see right whales going outside the gulf of maine these days. there is little overlap, we're
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being held basically accountable for what could potentially be risk and there is actually not real risk. jackie: right. so the way i thought about this, you know, personally was, yes, if i walk out of my door tomorrow i could be hit by a bus but it is probably unlikely. so of course tomorrow i will walk out of my door like everybody else does. when we look at the lock sister industry in maine $725 million in 2021. this will devastate the state. >> it is the, there are a number of regulatory issues on the table right now due to the potential to seriously impact our industry and our economy. our two eastern most counties along the coast of maine are extremely dependent upon the lobster fiduciary. it is our goal to, to protect this industry and continue to support everything that fishermen do, everything this industry stands for. jackie: talk about the state dinner at the white house tonight because the menu of
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choice is maine lobster. >> correct. you know, it is always good to have lobster featured. an incredible opportunity to have this product served at a state dinner. france is a major importer of live lobster actually from the state of maine, from other parts of the united states, however, we want president biden to also commit to working with maine's congressional delegation and the maine lobster industry so we continue to have a very bright and successful future in our fiduciary for generations to come. for over 100 years this industry has been practicing sustainability in our fiduciary, more than 20 years we've been doing things to effectively manage atlantic right whales. what we're dealing with now is very frustrating. jackie: the last few seconds we have, whole foods made the decision based on what some of the environmental groups said. your feelings on them pulling
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the plug just like that? >> i think this is a bad pr choice for whole foods. for our company, cousins maine lobster, we're committed to sourcing lobster from the state of main. we're committed to support the industry. agb, major retailer in texas, industry trade publications they're giving the state of maine lobster industry and state of marion we are doing the right thing. >> we wish you and your industry all the best. thanks for your time. thanks so much. >> thank you very much. jackie: the white house claiming president biden has been to the border when there is no record he has made a visit to the border. congressman troy gonzalez, pardon me, tony gonzalez next here on "the evening edit".
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to finally lose 80 pounds and keep it off with golo is amazing. i've been maintaining. the weight is gone and it's never coming back. with golo, i've not only kept off the weight but i'm happier, i'm healthier, and i have a new lease on life. golo is the only thing that will let you lose weight and keep it off. who loses 138 pounds in nine months? i did! golo's a lifestyle change and you make the change and it stays off. (soft music) jackie: welcome back, joining me now texas congressman tony gonzalez, i want to talk about a couple issues, supreme court announcing it will continue to block biden's student loan forgiveness program, arguments scheduled for february and a decision in june, your comments on that.
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>> this is costing the american public 400 -- this will cost us 400 billion. there nothing free about giving free money away. this is an illegal act that president has done. and this needs to stop. whwhat it is doing is hurts blue collar americans, like those in my district that go to work every day, try to put food on their table and provide for their families, they are impacted by the free give aways. jackie: we talk the about inflation and state are giving out checks, the more checks you right, the more you will fuel the inflation fire. president does not necessarily look at it that way, not sure how he looks at it, ho to be honest. now the border, we have a
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sound bite with peter doocy and jean-pierre. >> the president neff never been to the border, possible next speaker says -- >> look, he has been there. to the border. and since he took office -- >> when did he go. >> since he took office, president biden has been taking action to fix the immigration system and fix the border, we're not seeing that from republicans, a willingness to work with us, they are doing political stunts. jackie: i'm sure he has been to border at some point in his life, he is 80 years old, but not since he took office. >> as if we're in the by light zone, they must be talking about delaware border, they are not talking about southern border. in 20 days all hell of break loose when title 42 goes
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away. they know that. they know what is coming. you know republicans house republicans, i think have done an amazing job highlighting what impacts that will have, we're about solutions, for example yesterday, i called acting border patrol commissioner, troy miller, i said i want you to succeed. myself and congressman cuellar will be coming up with real solutions to get this problem set in order, presidency is not helping out. jackie: and we have been reporting different numbers with respect to what would happen to the additional numbers of illegal migrants that would cross over if title 42 were lifted. latest estimate was 8,000, cnn is reporting that administration and department of homeland security projecting themselves, between 9,000
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to 14,000 migrants may attempt to cross u.s. southern border a day. >> reality is we have thousands of migrants that are just staging across the border, circling the calendar for december 21. to bum rush. and i'm getting calls from mayor of you' uvalde you've, said on 21 border patrol is dropping off hundreds of migrant in my community. jackie: they know it is coming. it will be a mad rush. congressman tony gonzalez we're out of time great to see you. >> thank you. jackie: i am jackie deangelis in for elizabeth macdonald, you are watching at this "the evening edit" on fox business, thank you for watching have a wonderful evening. kennedy: a day ending in y, what you that dhawrs

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