tv The Evening Edit FOX Business February 28, 2023 5:00pm-6:00pm EST
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larry: simple message to president biden. please, sir, stop regulating the economy out of business. please, stop is it. liz macdonald would never do such a thing. elizabeth: no. and, you know, we talk to small businesses, they keep saying it's like bicycling through quick sand with these regulations. they've got to cut that out. we totally agree with you. great show, larry, again. we love you, thank you. okay, we're staying on this story, supreme court justices
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today sharply questioned president biden's massive student loan bailout. tonight, why the far-left attacks in their protests at the court are again way off base. they just do not get it. and we are less than two hours away from the first live house hearing on china, and dr. fauci speaks out today for the first time on the energy department joining the fbi saying the pandemic did leak from a chinese lab. with us this evening, senator marsha blackburn, congressman carlos jimenez, elaine parker, hans von spakovsky and kristin tate. the update on the government investigating transportation secretary pete buttigieg's use of private jets. he says, bring it on. and president biden today touts his brand on health care as he avoids east palestine, ohio, and its toxic train crash9.
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and the -- crash. and the new york times slams ron desantis' new book. "the new york times" reports democrats do warn hunter biden does have some explaining to do, cashing in on his father's government job. i'm elizabeth macdonald, "the evening edit" starts right now. ♪ ♪ elizabeth: welcome to the show. we begin with stocks ending down, the dow more than 200 points lower. u.s. consumer confidence unexpectedly fell again for the second straight month. inflation again weighing on americans' outlook for the economy. january revised lower too. and this, far-left democrat protests outside the supreme court providing the student loan bailout, penn wharton price tags it up to $519 billion over 10 years. now, edward lawrence is live outside the white house with the
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story. >> reporter: yeah. you know, liz, the oral arguments lasted for about three and a half hours, but we won't get the final decision until mid june, mid to late june on this. now, in the oral arguments you could really see the ideological divide between the justices, especially when talking about executive power the president has. the chief justice, john roberts, questioned with the amount of money involved and only a small part of the population, if the plan should have been passed by congress. here's justice thomas on this. listen. >> there's some discussion in the briefs that going past with this provision or that modification a waiver, that this is, in effect, a cancellation of a debt. that that's really what we're talking about. and that as a cancellation of $400 billion in debt, in effect, this is a grant of $400 billion. and it runs headlong into congress' appropriations
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authority. >> reporter: so justice ketanji brown jackson suggests the states bringing the lawsuit failed to show harm. the group of six gop-led statements along with two private borrowers brought this lawsuit that led to the hearing. the feeling of the administration from a source is this will be a tough case to win on merit, but they can win based on standing because of the questions amy coney barrett asked, they believe they can flip her. here's senator tim kaine on this. >> i think the law is very clear that this is acceptable. i think the challenge to the student loan forgiveness that, wait a minute, you can't give relief of to this group of people without giving relief to that group of people, we do things for groups of people all the time. >> reporter: so regardless of what happens, no federally-backed student loans will be repaid or the payments won't start until the end of august, beginning of september because the president has a pause until then. back to you, liz. elizabeth: edward lawrence, thank you so much. joining us now, elaine parker,
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president of the job creators network foundation. thanks for joining us. the supreme court took up your organization's case against biden's student loan bailout as unconstitutional and fair. you were at the supreme court hearing today. can you talk to us about how justice amy coney barrett is questioning whether your side has standing to bring your case? >> well, sure. that's actually one of the two questions that was before the court today. the first is whether or not we have standing or the right to sue, and the second is whether or not the president has the authority under the heroes act to create a $400 billion student forgiveness program. and we feel really strongly about our arguments. our plaintiffs in texas were denied their right under the administrative plead yours act through -- procedures act through notice and comment to participate in the development of this rule that the secretary of education made. they basically went into a backroom and created a rule arbitrarily and decided who was in and who was out.
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some people got some and some people got none, and that's not how a regulatory system works. the american people deserve to have and have a right to have their voices heard by unelected bureaucrats that are creating rules that impacts every person in the country. elizabeth: yeah. so, you know, the president can just cite any wish list group of voters that are, you know, backed him and say he's going to give them money? nancy pelosi said what the president is doing is not constitutional. he doesn't have the constitutional power to wipe out this debt. you're going to see that, and then you're going to see far-left democrats saying -- attacking the supreme court, claiming it's the unhinged. the fact that they ignore the taxpayers that have to pay for biden's bailout, they're ignoring college tuition gouging, ignoring how universities overcharge via college tuition. far left not talking about any of that today. watch this. >> he can postpone, he can delay, but he does not have that power. that would, that has to be an
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act of congress. >> i am fired up to tell the united states supreme court to follow the law and get off the way so we can cancel this debt. >> so let me ask you, and i need to hear your response, are the profits of a student loan servicer more important than the people's lives? >> no! >> is state tax revenue, which is what they're claiming, is it more important than people saying -- [inaudible] >> no! >> should a far-right supreme court stop over 40 million borrowers from receiving student debt relief in. >> no! elizabeth: you know, this is absurd, that it's gotten to the supreme court. i'm sorry. why aren't the squad, why isn't elizabeth warren, why aren't they going after college tuition gouging? colleges pay no taxes. they have no accountability.
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there should be racketeering, antitrust suits against colleges for fat cat college tuition gouging. where's the far-left squad outrage over that, elaine? >> that's right. and people are angry at the wrong group of people if they're angry at us for stopping this lawsuit. this was an illegal process. it's about a process. and if senator warren cared about any of these students and the debts that they're carrying that they're being buried under, she would look for a long-term solution which means bringing the heads of these colleges and universities in and sitting them down and asking them what they're going to do about the crisis that they have caused. of. elizabeth: you know, to your point, i interviewed senator warren back in the day when she was an academic. she was big on bankruptcy. she didn't like consumer debt and bankruptcy. she felt bad for people. she understood that universities were overcharging. this is totally off the wall, the far-left position. now, if biden succeeds in winning, what precedent would it
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set about the separation of powers and congress' power of the purse in. >> if this loan program is to gt will not only give this president, but every future president and administration a blank check, and it will also signal to colleges and universities that they can continue price gouging and increasing i tuition every single year far past the rate of inflation on these students. and they will continue to bear the burden because these 40 million people will get some relief, but what about the next 40 million people and the next 40 million people after that? elizabeth: right. >> because, as usual, they haven't solved the problem. elizabeth: that's -- to your point, what about the plumbers, electricians, blue collar workers, the working class, middle class americans who did not go to college, who did not take on that debt? what about the people who paid off their debt? it's so unfair. and, elaine are, the thing is when you look under the hood of the white house case, you see how ludicrous it is. let's go through it. he uses the heroes act. it's meant for relief for soldiers for a national emergency like the pandemic. but biden already said last fall
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the pandemic is over. officially, it's over in may. now they claim that has nothing to do with the case to do the bailout anyway? >> yeah. this is just a power grabby the administration -- grab by the administration and an attempt to, essentially, buy votes. he wanted to use the heroes act so that he could announce the program just before the electio- elizabeth: right. >> -- and not have to go through notice and comment. this is an illegal process, and if they really wanted to solve the problem, they would take a different tack -- elizabeth: that's right. you know, that's it. senator bernie sanders, senator elizabeth warren, the squad, if you were truly courageous, you would go after your own base, academia. you would say, universities and colleges, cut it out. you are harming and damaging american families with your racketeering and tuition price gouging. you are saying nothing about that. that shows how wrong you are and off the wall you are. biden argues extending covid emergency policies to do his bailout, but then he wants to
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end those same emergency policies for title 42 at the border, for, you know, vaccines and more. so if this was an emergency, to your point, why wait three years to do this? it is about getting the student voter out for the midterms, right? >> absolutely. and in this case, the process is wrong, it's illegal. and if they're doing it because they believe that the ends justify the means, and if that's our new standard and it's applied to every future issue like this, then i think we will definitely go into anarchy if that's how the new standard is going to be. elizabeth: got it. elaine parker, hey, thanks for joining us. we're going to stay on this story. joining us now, congressman carlos jimenez, the house select committee on china. thank you for joining us tonight. in less than two hours, your committee will do its first live prime time hearing on china. what do you want to focus on? >> i want to focus on china and everything that china's doing around the world to make sure that they are the dominant
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economic and military power. so i want to do everything we can to make sure that never happens. and so, you know, china is everywhere, and china is in all parts of the world, and we need to wake up. look, one of the things i really want to focus on is what china's doing in central and south america, how they are usurping our interests there, how they are gaining a big foothold in our backyard. but again, it's about china and china around the world and their plans for world domination. elizabeth: you know, the other story too, congressman, can you talk to us about how republican lawmakers demand the white house release the intelligence that the energy department and the fbi used for its judgment the pandemic likely leaked from a lab in chai that? energy department has low confidence in that, fbi has moderate confidence. has, you know, so -- by the way, whether or not the pandemic leaked, which people say it did, from a lab in china, it has nothing to do with your political party or patriotism. the media's attacking the lab
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leak theory, so what do you -- do you think the white house should are release this intelligent? >> yeah, absolutely. you know, the people of the united states have a right to know where we think that that came from. look, it killed over a million americans and killed millions around the world. it caused a complete disruption of the economy not only here in america, but around the world. and so americans and the world need an answer, how does this thing start. look, it's -- i don't think it's a coincidence that there is a lab, you know, right there where this whole thing started. i mean, to actually think that's a far-right conspiracy is ludicrous, you know? we just want to know the truth, get to the bottom of it, why it happened and make sure it never happens again. elizabeth: the washington post is reporting on this little-known storied team known as the z division, that they got the intelligence and prompted the energy department to change its view that it likely leaked with low confidence. so that's confusing too. we're going to get into that
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later in the show. to your point, dr. fauci spoke out for the first time. he talked to the boston globe. and, congressman, he's downplaying the energy department and fbi findings saying we may never know the source of the outbreak. "the washington post" reported the nih and dr. fauci did secretly fund the creation of superviruses in laboratories, did secretly fund the wuhan lab via ecohealth alliance. what's your reaction to dr. fauci here? >> i think dr. fauci wants to make sure it never comes to light because, you know, he may have a hand in in this. and so for his own self-interest, i'm sure he doesn't want to know how this thing came out. look, it just seems to me that the logical place and the logical conclusion is it came from the lab. they were doing gain of function research there, so it only makes sense that it came from there and somehow leaked out of there. was it on purpose or was it an sent? look, at -- an accident? look, at in this point i don't know. but was the united states involved in some of that gain of
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function research and did we fund it? and if it all points back to the united states and dr. fauci, i'm sure dr. fauci wants to make sure that never comes to light. elizabeth: so his stonewalling and downplaying at the start of the pandemic on the lab leak is directly linked to his work on gain of function. let's listen, to your point, that's what i think you're saying. let's listen to dr. fauci on all of this. watch this. >> senator paul, with all due respect, you are entirely and completely incorrect that the nih has not ever and does not now fund gain of function research in the wuhan institute. >> questions have come up about the concern of the danger of people that you fund. nai -- niaid only funds research on influenza viruses. the concern was that the
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products or the information that were generated by these experiments might be used by others in a way that could harm society. either carelessly, in an unregulated fashion, by inexperienced people or even by deliberate misuse. gain and loss of function research is critical to understanding disease pathogenesis. we're part of the department of health and human services as is the centers for disease control and prevention who also have a considerable amount of contributions both from a public health surveillance as well as from a research standpoint in the topic for today which is gain of function research. or what historically investigators have done is to actually create gain of function by making mutations, passage adaptation or other newer genetic techniques. elizabeth: is this why he's avoiding oversight now? and he has been for some time.
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>> yeah, i think so. look, they've done gain of function research. i'm sure they funded gain of function research, you know, outside the united states. in the wuhan lab. and i think that's exactly why he doesn't want any of this to come out, because it actually may point back to him or his agency, and it would be very embarrassing. and, frankly, now after he said he didn't do it in front of the senate, it could actually be criminal in nature. elizabeth: so -- because, to your point, he's misleading, committing perjury? >> yeah, absolutely. so, yeah, we need to get to the bottom of it. elizabeth: okay. >> and no matter what dr. fauci said, we need to get to the bottom of it. maybe he had nothing to do with it, but we need to get to the bottom of it. elizabeth: senator rand paul said is dr. fauci set up waivers so gain of function research could bypass internal committee are reviews. there's also this, you know, the white house keeps talking about there's no intelligence community consensus on what
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happened here, but so what? congressman, when was the last time you heard any consensus in the intelligence community? [laughter] i mean, look at the 51, you know, intelligence officials who claimed hunter biden's laptop was russian disinformation? do we really need consensus in the intelligence community to go ahead on this? >> no, absolutely not. and, like you said, you know, we have 51 people from the intelligence community say that the hunter biden laptop was russian misinformation. well, actually, it was those 51 intelligence officials that were misinforming the american public. so, no, no, you don't need, you don't need consensus on it. you need to, you know, look at under every rock and follow every, you know, pull every string to find out what happened. and i believe when it comes out at the end, it's going to be that it came out of that i wuhan lab. elizabeth: congressman jimenez, thanks for joining us. we'll be watching the hearing. and this story, "the new york times" slams florida governor ron desantis' new book. plus, senator marsha blackburn with us next on the government
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investigating transportation secretary pete buttigieg's extensive use of private jets. he basically is now saying, bring it on. the senator next on "evening edit." ♪ fly me to the moon, let me play among the stars. ♪ let me see what spring is like on jupiter and mars ♪ >> woman: why did we choose safelite? >> vo: for us, driving around is the only way we can get our baby to sleep, so when our windshield cracked, we needed it fixed right. we went to safelite.com. there's no one else we'd trust. their experts replaced our windshield, and recalibrated our car's advanced safety system.
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elizabeth: we are delighted and honored to have back on the snow from senate commerce, science and transportation senator marsha blackburn. great to see you again, senator. >> you too. elizabeth: what do you make of pete buttigieg saying he welcomes the inspector general for the transportation department investigating his extensive use of private jets? do you believe he welcomes it? >> i think that what the american people want to know is how does he use his time, because it seems to be misplaced priorities, you know? he wants to go out there and say bridges are racist, he wants to go out here and talk about how there needs to be equity in a work force. what people want to know is that
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planes are going to fly, that trains are going to stay on the tracks, that boats are going to be up and down our rivers and and into our ports, and they want to make certain that our highways are going to be passable. and they have just been stunned with the lack of attention that he has given to the issues whether it was the river bridge in mississippi down at memphis, we finally got him down there for that, got it fixed9 and bac. you look at the people in east palestine who are just really suffering that need the u.s. department of transportation to come do its job. and east off in nashville at the clinton global -- he's off in nashville at the clinton global health initiative. i wonder if they've got a panel going on the effects of toxic exposure in east palestine and what they're doing to help people who have just had their
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community obliterated and are quite concerned about the exposure and the effects on the children and the residents this in that community. elizabeth: to your point, president biden spoke today in virginia beach about health care and his middle class joe brand, but he's still not going to east palestine and that toxic rail crash. you know who else is saying this is wrong, it's bernie sanders' side of the aisle. former democrat, ohio state senator nina turner, backed by bernie sanders, is going after buttigieg and biden on this. watch this. >> for the neo-liberals who say that the residents of that area deserve what they are getting because they voted for president donald j. trump is abhorrent. this is about poverty. this is about poor, working class white people who are enduring some of the same things that poor working class black people endure. i want to lay it out, the behavior in politics right now,
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it is a sin and a shame that you've got people who will fix their mouths, to quote my grandmother, and say they are getting what they deserve. what they deserve is clean air, clean food, clean water. they deserve relief both in the short term and also in the long term. elizabeth: senator, what do to you make of that? let's show biden and buttigieg's wide open schedules. they could have gone to visit way earlier. buttigieg is saying biden going would be a distraction. what's your thought about nina turner here? >> i, i think it is so important to hear from people standing up and defending this community. with senator vance, and he said every time a train passes down those tracks, it stirs up that dust, and you have that odor right there in that downtown. you have children that have rashes that are breaking out. and senator turner is right,
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everybody deserves clean are air, clean water -- clean air, clean water, that clean environment. and these individuals have had to suffer through this exposure. elizabeth: thank you, senator blackburn. it's a pleasure having you back on. we'll have you back soon. >> take care. elizabeth: okay, this breaking news coming in, "the new york times" now says democrats warn that hunter biden does have some explaining to do cashing in on his father's government job. we've got the story from the hill, kristin tate. she's breaking down "the new york times" slamming florida governor ron desantis' new book. kristin tate next on "the evening edit." ♪ treat yourself in words unspoken -- ♪ live your life with arms wide open. open. ♪ today is where your book begins -- ♪ the rest is to still unwritt. did you know that liberty mutual custo— ♪ liberty mutual. ♪ ♪ only pay for what you need. ♪ ♪ only pay for what you need. ♪
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trillion dollar student loan bailout. what it won't talk about is how the government wasted millions of your tax collars -- dollars on everything but the pandemic. grady trimble on capitol hill with more. >> reporter: affordable housing, walking trails, pickleball counts. liz, those are just a few of the projects that cities and statements across the country paid for using money that was intended for covid relief. the list goes on and on. $140 billion in covid funds went toward a delay in student loan payments under the biden administration. washington, d.c. set aside $2.5 million for parking enforcement officers. and new jersey governor phil murphy approved $12 million to build a state hall of fame, another half a million on new suvs for his administration. over in iowa the state allocated $23.5 million to build a permanent field of dreams ballpark. governor kim reynolds argued it would help the hospitality
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industry that was hit hard by the pandemic. >> congress wrote those rules. the rules are lax, and governors and mayors, they're driving a bus for their pet projects through those loose rules. >> reporter: critics say congress needs to build controls into future spending programs so this along with rampant fraud associated with covid aid doesn't happen again. liz? liz: grady trimble, thank you for your journalism. look who's here, kristin tate, columnist with "the hill" magazine. she's a great writer. kristin, it's good to see you again. "the new york times" is slamming florida governor ron desantis me you book saying he's -- new book saying he leads by crackdown. what do you make of that? >> hi, liz, great to be with you. yeah, the best way he's going to be a superstar in the gop is to look at where the media is aiming its venom, and right now the coastal pundit class including "the new york times" is trying to take down ron desantis. the left is absolutely terrified of desantis. just look at what he's done as
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governor. i mean, he was one of the few governors not to shut down his state during covid, he's protecting his kids from sexual indoctrination with his parental rights in education bill, he is taking the fight to woke disney by stripping that corporation of its special privileges. the list goes on and on. and i have to say, liz are, it's incredible when you look across the nation, all the purple states in the nation have been trending blue for the past few years while florida, which was very recently a purple state, is now solidly red under desantis' leadership. in the last midterms, republicans across the state did much better than they've done in years even with minorities. i was looking at the numbers before we went on air, desantis got 58% of the hispanic vote. that is huge. so, to me, desantis shows us that republicans don't need to water down their message or moderate if they want to be victorious. it's actually quite the opposite. we live in a political environment where there are very few independent voters anymore. the way to win is to be bold and unapologetic in doing so, and
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that's ron desantis. that's why "the new york times" is terrified. elizabeth: kristin, do you say the state's trending more purple? >> most i blue states are, absolutely. look at colorado, look at arizona. look at even texas which is, you know, supposed to be this conservative stronghold. we've seen texas become bit by bit more liberal as more migrants move here from other parts of the country like new york and california. florida, that trend is not, is not 408ing up in florida. -- holding up in florida. -- elizabeth: so the to your point, yeah, governor desantis is against lockdowns, he's against corporate vaccine mandates, and he's against what he says public schools indoctrinating children into social justice content. also books with sexual content in schools, he's against that. you know what people aren't talking about, kristin, we'd like your reaction to this: florida governor desantis, he's now talking that he will raise the pay and the wages for teachers in florida. watch this. >> so the good news is, is we've
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increased teacher pay by over $2 billion. we did focus a lot on recruiting new teachers by increasing the average minimum salary e. we've succeeded in that. so we're going to do a billion dollar categorical in our budget, and all of that increase can go however the school districts want. it's got to go to teachers. some of the school unions were holding it up, and we had 6, 9 months after the budget was signed that teachers still didn't get a pay increase. so what we may do this year is put a time limit to say once we approve this in the budget, get it into the pockets of the teachers. you're going to definitely see increased salaries and money for the school districts to raise teacher pay. elizabeth: so this is part of his florida blueprint for the nation. shouldn't teachers' unions be clamoring onboard for what desantis is doing here, raising the pay of teachers? >> yeah, this is so fantastic. the media loves to lie about republicans and say they're anti-teacher. it's total garbage. what desan desantis is saying is very representative of what
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conservatives believe, which is that good teachers should be paid more while bad teachers should not be teaching. but, of course, the teachers' unions are just looking out for, you know, their own jobs. they don't care about students and improving the quality of education. so good for desantis for taking on this fight, and, you know, i love his follow through, liz. this is something that's so great about desantis. he doesn't just say things, he takes action. so i'll be watching this teacher story closely. elizabeth: got it. kristin tate, we'll have you back on. it's great to see you. >> great to be with you, liz, always a pleasure. elizabeth: this coming up, the first live prime time hot hearing on china in less than an hour and a half. this debate, are we letting china get away with too much? plus, we're going to show you the grieving mother who's ripping the white house over the handling of the fentanyl crisis. also this news, "the new york times" now says democrats warn hunter biden does have some explaining to do cashing in on his father's government job. we've got legal eagle hans von
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elizabeth: well, look who's back with us, heritage foundation senior legal fellow hans von spakovsky. hans, this news coming in, now it's "the new york times" saying democrats are warning hunter biden does have explaining to do about cashing in on his father's government job and the biden family doing the same. they're also saying hunter's privilege serves as a get out of jail free pass. what do you make of "the new york times" here? >> well, i don't think that's a surprise to anyone except "the new york times." it's been pretty clear for a very long time that he was profiting from his father's position and pulling in millions of dollars from foreign corporations. i think also, frankly, that explains why the treasury department has been engaged in a cover-up and refusing to turn over these suspicious activity reports that james comer of the
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oversight committee has been demanding since last year. they have no valid excuse for doing that other than to try to cover up what hunter biden did. elizabeth: yeah. reports are coming in -- by the way, they're calling on treasury officials to testify at a march 10th hearing, house oversight. earlier in the year the treasury department applied to house oversight saying, basically, we're not going to turn over those suspicious activity reports that you as banks file with the treasury on the biden family's influence peddling because it's, quote, in the interest of the executive branch. what do you make of that? >> the only interest of the executive branch is covering up the corruption of hunter biden and potentially the president when he was the vice president. there's no other purpose for that, particularly because, look, the unit that does this, this is the financial crimes network, it brags on its web site about how it cooperates and works with federal, state,
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local, even foreign law enforcement and yet it's refusing to work with the u.s. congress in a congressional investigation? again, they have no valid grounds for refusing to turn this over particularly because according to james comer, they already turned over some of these reports to a congressional office. obviously, it must have been a democrat office because these have not turned out, turned up in public. elizabeth: well, so this does feel like blockading and a cover-up. let's watch congressman comer, chair of house oversight, he was with us on this and how closely the biden family was working with china. watch in this. >> who is the source in china that delivered millions of dollars into the biden account as well as millions of dollars9 into the university of pennsylvania and university of delaware for joe biden's post-presidential activities? we also want to know what was this money for, you know? if china's giving the bidens millions of dollars, i would
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assume that they want to get a return on their investment ever. elizabeth: your -- investment. elizabeth: your reaction? >> that's why we need an investigation, and that's why the treasury department needs to quit delaying and refusing to turn over these reports. look, if they didn't do anything wrong, then there's nothing to hide. but the fact that they're refusing to turn this over tells you there's something there. elizabeth: what do you think of eric. >> western -- eric schwerin, hunter biden's business associate, as hunter describes as close confidant to president biden? it appears his side of the aisle is going to turn over information to house oversight. what do you think they're going to turn over? >> well, look, he was a business partner of hunter biden, and not only that, but hundter e -- hunter biden's ex-wife says he was a close confidant of president biden. i think there's all kinds of
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potentially important information in there about the possible corrupt dealings of the biden a family. elizabeth: got it. hans von spakovsky, thanks for join us today. -- joining us tonight. it's good to see you. >> thanks for having me. elizabeth: coming up, the grieving mother who slammed d.c.'s botched handling of the fentanyl crisis that's happening in biden's border crisis. she lost two songs. also, prime time -- she lost two sons. plus, are we letting china get away with too much? we've got a watchdog who's next on "the evening edit." but first, let's check in with dagen and sean, what you got? dagen: so much. senator tom cotton on trying to get to the bottom of how covid wound up coming out of a wuhan lab into the united states. sean: virginia foxx is talking about the student loan are forgiveness which is great, and jimmy failla, the great one --
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dagen: and victor davis hanson on, well, fentanyl. that's the second pandemic that's killing thousands upon thousands of americans. sean: stick with us. ♪ -- the more money we come across, the more problems we se ♪ when you choose comcast business internet, you choose the largest, fastest reliable network. you choose advanced security for total peace of mind. and you choose a next generation 10g network that's always improving, getting faster; more reliable; and more intelligent to keep you ready for today and tomorrow. the choice is clear: make your business future ready with the network from the most innovative company. comcast business. powering possibilities™.
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elizabeth: well, we're very excited and happy to have on the show the founder and ceo of the d.c. watchdog group called open the books. we're big fans of this book. adam, it's good to see you, sir. so, adam, what do you want to see, what are you looking for in the prime time house hearing on china in less than an hour and a half? it's going to be on tv. are we letting china get away with too much? >> well, yeah, we're letting china get away with too much, and it's been going on for decades. it's a chinese strategy. for example, last fall our organization at open the books.com, we highlighted the technologies report where up to 150 former employees of the los alamos national lab, our crown jewel national lab, aren't working in america anymore, they're working back in china on behalf of the chinese communist party and against our military national interests. elizabeth: adam, when you see this whole energy department unfold where their national labs
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indicating with low confidence but they do say likely that the pandemic likely leaked out of a lab in china, what's your reaction to that story? the fbi saying, yeah. christopher wray is talking to bret baier saying, yes, they've been investigating it. fbi does think it did leak out of a lab in china. what's your take on all of this? >> this goes right to the credibility of our institutions right here in america. and, look, there needs to be a lot more investigation about how government put its thumb on the scale during the covid pandemic to influence speech in this country. and speech equals thought. they were trying to control our thoughts and so, look, the house select committee, they need to dig and keep clawing. elizabeth: what do you think of dr. fauci here? you've done a lot of work investigating dr. fauci. what are you finding? >> well, we investigated dr. fauci because i don't even think it's arguable that he is one of the most powerful bureaucrats ever in the history of the country. and, obviously, in crafting
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america's covid response during the pandemic, we gave oversight to the fauci family finances. here's what we found, liz. we found that dr. fauci was the most highly compensated federal employee, and he outearned the president. last year he made $480,000. and mrs. fauci, christine grady, she's employed at the chief bioethicist at fauci's employer, the national students of health. so while fauci -- institutes of health. she was backstopping his policies through her office at the, on ethics and moral studies. and she actually outearned the vice president of the united states. now, dr. fauci's retire retired at the end of the year and retired on the largest pension in federal history, we estimate it at $375,000 a year. elizabeth: yeah. we're hearing his net worth is $10-12 million. how is that not a conflict of interest having his wife as a chief ethics officer at the nih? >> i'd like to break it on your
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show, we've researched out a 50-page document that empirically shows as dr. fauci's positions during the pandemic changed, mrs. fauci's positions on ethics studies during the pandemic changed to match her husband's positions. and so we'll be in a couple of weeks to release that report. look, dr. fauci's net worth, we show during the pandemic years of 2019-2021, it increased from $7.6 million to $12.6 million. we show exactly how fauci profited during the pandemic. elizabeth: got it. lots of news in d.c. today about all of that. also policies like open borders. adam, we're going to show a mother's heartbreaking testimony on capitol hill. she lost both of her sons to the second pandemic hitting the u.s., fentanyl poisoning. watch this. >> this is a war! act like it, do something! law enforcement made it clear to me that this fentanyl came from mexico. it came from our southern
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border. my children were taken away from me! this should not be politicized, it's dehumanizing, it's demoralizing. this not an overdose, this was murder. my children got fake perk if sets that were fentanyl. elizabeth: adam, it's a national disgrace and outrage that she and so many other families lost their children because of fake pills laced with fentanyl. adam, what's your response to that story? >> well, our open border is not a question of budget, it's a question of political will. liz, incredibly our auditors at open the books.com, we've quantified the militarization of the federal agencies, and outside the department of defense today there are over 200,000 officers with arrest and firearm authority. that number exceeds the number of united states marines at 186,000. so the fact that we have an open border and drugs are pouring across our border, it's not a
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question of budget, it is a simple question of political will. elizabeth: got it. adam, thank you so much. it's good to have you on, good to see you. >> thank you, liz. elizabeth: sure. okay, stick with me for my final thoughts. don't move. but my new doctor recommended salonpas. without another pill upsetting my stomach, i get powerful, effective and safe relief. salonpas. it's good medicine. you could manufacture a whole new way of manufacturing. disrupt buying habits before they disrupt your business. and fuel the search for what comes next. so...what are you waiting for? . .
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protesting and attacking supreme court on biden's student loan bailout? they have no common sense. they don't know how the economy works. they're not protesting against colleges doing fat cat tuition gouging and slamming american families. they claim the supreme court is radical i is their silence on that that is radical. tune in tomorrow. we'll have more on this with senators rick scott, mike braun. remember to email us your feed back. we do love hearing from you, like this email from pam, very nice one. emac, we watch your show regularly, greatly appreciate your tenacity going after corruption. we know you will get to the truth. thank you for trusting us pam. i'm liz mcdonald. watching "the evening edit" on fox business. that does it for us. time for "the bottom line" with dagen and shaun. good to see you. sean: emac, i love watching your show too. liz: my cousin pam who emailed. just kidding. ♪
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