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tv   The Evening Edit  FOX Business  August 9, 2023 5:00pm-6:00pm EDT

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larry: you guessed it, my last word tonight is growth. growth will solve all our problems if we let it. but i'll tell you one other thing the, we need the i rule of law also. and we need liz macdonald. elizabeth: oh, larry -- larry: -- to comment on all of these important things. elizabeth: thank you so much, larry. go, larry. thank you.
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president biden pushing his climate agenda on the weather channel amid a growing scandal, new allegations of biden family corruption. this white house, as larry has said, is in trouble. let's bring in the power panel, congressman pat fallon from house oversight, former u.s. assistant district attorney andy mccarthy washington examiner columnist byron york. gentlemen, thanks for joining us. congressman fallon, how big is this scandal? from well, it grows, you know, wider every day. we were talking last week, liz, and i said we could prove $17 million to the bidens, now it's $20 million. and we have subpoenaed bank records seven times, and all seven times that number has grown. the latest the wealthiest woman in russia, ye lain that bat arena, apparently paid hunter biden $3.5 million, then got to meet with joe biden, and now magically is not on the sanctioned oligarch from russia. hmm, interesting. elizabeth: so, congressman, what he's just saying, andy
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mccarthy. this is right around when obama was dealing with potential war. it's right around when russia invaded crimea. but hunter goes to russia to make millions from a russian oligarch, goes to kazahkstan, an ally of russia, to make money from an oligarch there, goes to ukraine to make money from an oligarch there. this is the biden family making money right when the obama white house, andy, was dealing with a war involving russia. >> yeah, that's right, liz. i understand why the congressman's attention was grabbed by the $20 million figure, and i point out he'll say it before i do, i'm sure otherwise, but they've just scratched the surface here. there's a lot more digging to be done. this figure could end up getting higher. but the numbers that grabbed my attention were 2014 and 2015 and the words tick, tick, tick. because as i've been screaming to anyone who will listen, there is no indictment in this case. the biden justice department has never filed an indictment with
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respect to either hunter biden or any other biden. and as a result, those numbers, 2014 and 2015, are very important because the statute of limitations has already run on them. in fact, there's an argument that the statute of limitations may have run on 2016 and 2017. finish and every day they don't indict, this case gets smaller and smaller because it's just evaporating. and i think that's a conscious strategy. elizabeth: so, byron, what andy just said. you know, the real firepower is about that quid pro quo with ukraine and alleged allegations of bribery. the senator, chuck grassley, raised with that fbi informant document. >> well, the biggest leverage maybe that the government had about that 2014-2015 period over hunter biden was the fact that hunter biden didn't pay taxes on a lot of that money that he received from burisma. he laundered the money through a
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chinese company that then, quote, loaned the money to hunter biden, can and he never declared it as income. and the irs -- or the justice department, actually -- waited this the statute had passed on that. now, there are still questions about hunter biden and being an agent of a foreign government, but really the big thing here as every republican will tell you is joe biden and they uncover a solid chain of benefit from what hunter biden was doing to joe biden. and that's the kind of hinge that they're making a lot of -- thing that they're making a lot of progress on, on capitol hill even not considering statute of limitations. elizabeth: so what byron just said, congressman, what does the house gop plead to launch an -- need to launch an impeachment inquiry this fall? senator mitch mcconnell said no to impeachment, so what have you got there that could lead to that? is that still a possibility? >> i think it's a strong possibility simply because every
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time we subpoena records, we find out more information. and, liz, it's also important to point out ott that all the information we've gathered whether through bank records, whistleblowers, hunter's business associates or his own laptop, it always reenforces and confirms what we already know. so launching an inquiry simply means we're going to have more tools at our disposal to find out the truth. and this bring withs me no joy to have this kind of investigation, but right now the preponderance of the evidence, to me, shows clearly joe biden was involved in a pay for play scheme, and it's incumbent upon us and our constitutional duty as members of congress to investigate further. elizabeth: so what the congressman just said, andy. we hear you about the indictments, but this is about joe biden and possible impeachment. the white house says this is the all a base less, evidence-free impeachment stunt. but why did nine biden family members get payments from, you know, foreign oligarchs in family foreign business deals including two biden grandchildrenning? if it's legitimate, why bury the
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cash flows in 20 shell companies that hunter biden set up with his business associates? >> yeah. you know, any experienced investigator would tell you, liz that even with big figure, big dollar figure transactions you can always see some kind of value, some kind of asset that's going the other way in transfer for the money. and what you see here is a lot of money going toward the bidens, no obvious value going the other way except that what we can see with our own eyes which is access to joe biden and the appearance of ties to joe biden to the extent that that would be helpful for people. and when people, you know, do these labyrinthian arrangements to get payments, it's generally because they're trying to hide the source of the payments. when you're doing legitimate business, you don't need to do these kind of, you know, crazy financial channels.
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elizabeth: okay. so, byron, wrap this all together because now we've got the georgia county d.a. going to file a fourth potential indictment against trump possibly next week. you wonder if it's going to come tomorrow given how the timing of all these indictments have come in. reports there could be a dozen charges. what do you -- so the republicans have been saying and trump's team has been saying trump was going to go with in and uncover all of this, that trump should never have been impeached over a phone call to ukraine, that trump was going to clean this out and then biden closed ranks with nancy pelosi to go against trump. what do you think, byron? >> well, there's a lot of assumption there -- supposition there, but what we do no e -- know about these indictments is many republicans, and independent withs too, view them as politically motivated. and we also know the effect of it is, of course, because in a couple of cases if there's a suit in georgia, elected democratic prosecutors campaigned on a promise to go
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after donald trump and are now doing so. and then you have in the other two cases, the federal cases, the administration appointing a prosecutor to pursue the president's main rival. so this case is absolutely drenched in politics, and there are a lot of republicans who will never believe that it's not politically motivated. elizabeth: yeah. so given all that, congressman, we've got special counsel jack smith getting a search warrant to go into trump's twitter account including his messages starting way back in january that twitter was told to keep all of this credit, and twitter was fined by a federal judge $350,000 for initially resisting but complying when they did. so now they're going after trump's twitter messages. final word, congressman. >> well, donald trump is the most investigated human being, i think, in history. as far as joe biden goes, i think there was a direct confrontation going the other way. zlochevsky paid his son $3.5 million and possibly tens of
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millions to joe and hunter and to make that prosecutor, viktor shoken, go away. he was fired, and a billion dollars worth of aid was released to ukraine. so that seems to me like zlochevsky got high value for the money that he paid the bidens. elizabeth: got it. congressman, andy, byron, thanks for joining usen tonight. it's good to see you. let's bring in former economic adviser to trump, he's steve moore. you know, steve, we've got markets looking to the new inflation report for july tomorrow, wholesale inflation coming in friday. cpi's expected to rise to if 3.3% from 3% in june, but biden's about to celebrate the one-year anniversary of the inflation reduction act. should he take a victory lap now? >> hell no, he shouldn't. i mean, this is something that has added so much to the national debt. you know, over the last year, liz, the national debt, the budget deficit over the last 12 months has been close to $2.1 trillion.
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now, that does -- does that sound to you like deficit reduction? inflation reduction? i believe that the inflation rate might be even a little higher ap than some of those projections because i'm looking at what's happening in food prices, in energy prices. you know, the oil price went well over $80 a barrel in recent days. and so when you see those energy prices rise, those reverberate throughout the economy. it's an economy that is, in my opinion, very fragile right now and in a real financial tough spot when people are losing money relative to the purchasing power that they have. elizabeth: you know, and speaking of that, you know, steve, axios is reporting that biden is reportedly losing his footing, that working class black and latino voters, he's losing his footing with that voting bloc. and " politico" is reporting house democrats in vulnerable seats are cautious about a embracing bidenomics. wrap this all together. >> i think that the problem for biden in terms of going around
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the country and saying, you know, everything's been so wonderful and i've fixed the economy is that, you know, the inflation we were talking about, liz, that's a regressive tax. in other words, the people who really feel the effects of inflation the most are the lowest income people and the very demographic groups that you're talking about. for example, hispanic voters and in many cases black voters who voted overwhelmingly for biden but are now feeling the financial squeeze that his policies have put on their backs. and so, you know, it -- look, everything's wonderful inside the beltway, you know? [laughter] but this is exactly why americans feel like people this washington are completely out of touch with main street. elizabeth: well, blue collar workers of all backgrounds, that's what axios is saying. >> right. elizabeth: they don't like biden's rapid shift from oil and gas to green energy. it's too quick and too costly.
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so that's what's going on. let's watch that. >> so the white house clearly trying to gin up excitement for president biden's 2024 campaign -- >> yes. >> his cnn's poll from last week found president biden's approval rating is at only 4 11th. only -- 4 11th. only 37% of americans approve of hi a handling of the economy. i feel like i've been noting this for three years -- [laughter] president biden is out this heralding such and such, and the american people disapprove if overwhelmingly. >> yes. [laughter] >> three years in we're still having this conversation. >> still having the conversation because there is not -- the connection isn't happening. elizabeth: the connection isn't happening with voters, steve. >> yeah. [laughter] i don't know what connection she's talking about, because i think they are making the connection. they're connecting the dots, liz, for something we've talked about on this show for the last two years, that the out of control government spending led to the massive increase of inflation from 1.5% to 9% under
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biden. now, it's come down, but now it's going up again, and people are feeling a financial squeeze. i mane, i went to the -- i mean, i went to the grocery store with my wife for the first time in several months. i couldn't believe how much eggs cost, milk cost, hamburger cost. you try to rent a car, get an airline ticket, people don't even believe that the inflation rate is only 3 or 4%. when you look at the necessities, it's closer to 10%. elizabeth: and, you know, you talk a lot about how small businesses are basically the net job creators, right? they make the -- they're responsible for more than half, i think, of net job creation. you know, but their optimism is down 19 straight months, steve. final word. >> well, small businesses are feeling the brunt of the inflation as well because, remember, if they have to pay workers more like a fast food restaurant for, you know, working in a factory, they have to try to pass those costs on. it's, you know, this kind of circle of inflation that's
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causing hardship for small businesses and workers too. and that's why for bidenomics to be declared a victory is just out of touch with the economic reality of the vast majority of americans. elizabeth: steve moore, thanks for joining us. we'll have you back on soon. we're staying on this story, joe biden's white house is in trouble. the story about how his family made millions from foreign oligarchs during the obama white house. plus, u.s. companies push back on biden's new ban on u.s. investments, certain investments in china tech companies. this is a go-nowhere push. is it to appear tough on china after major criticism and government documents show the biden family made millions of dollars there? and we've got even more biden blunders today. this one includes falsely claiming he declared a national climate emergency. he did not. we've got gop pollster lee carter, fox news political analyst gianno caldwell coming up.
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we've got former president trus. and now trump warns the ongoing court appearances could keep him off the campaign trail. we've got congressman carlos gimenez, attorney sam dewey and national review's rich lowry. we've got a hot show for you tonight. ♪ ♪ [ applause ] >> the day you get your clearchoice dental implants makes every day a confident day... a never-hide-my-smile day... a life-of-the-party day...
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elizabeth: joining us now, gop pollster lee carter. lee, this is two weeks before the first showdown teen republican candidates, and here again are the voters' top concerns. we see it in poll after poll, it's the economy, it's the border, it's crime. lee, this is common sense stuff. voters are clearly saying to d.c., we're not happy with what you're doing down there. you're focusing on climate change when, you know, this is what's, what we are worried about. i mean, what more do they need? a 2x4 to the head? [laughter] >> it could be that, or it could be a big loss in november of next year. it is going to be something, and the bottom line is this, the american people are more pessimistic today about the economy than they have been despite the fact that joe biden is saying that the economy's never been better, that things are turning around.
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people actually feel worse today than they did a month ago. they're not feeling the turn-around quite yet. when you look at immigration, even democrats are now talking about how bad with it is. more than 50% of americans right now are saying they think joe biden has chosen to ignore the crisis of the border, and it's the not just about the borders anymore, it's about what's happening in our cities. so one issue after another is really favoring republicans. the problem is republicans haven't had, really said this is what we're going to do. they've talked about how bad it is, everybody's familiar with that. what has to happen now among the republican candidates is they're going to have to say this is what we are going to do to fix it. and whoever can do that the best is probably going to one. and honestfully, donald trump -- honestly, donald trump whether he shows up or not, the rest of the candidates have to say what does america look like if you're in charge? elizabeth: we asked our viewers online which candidate they're backing. over half, 51%, said donald trump. 19% said desantis.
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about 1 out of 7 says vivek ramaswamy. over 15% say someone else. you know, they're saying fix it, lee. that's what you're finding. voters see how the pandemic lockdowns were handled, shutting down their companies without due process. the big box stores got to stay open. government workers still not showing up to their desk jobs, more than half. firemen, police, emt, you know, power grid operators, truckers, plumbers, electricians, they can't do remote work. they have to show up. if they can't fix and work problems over zoom. >> yeah. i mean, this election really is going to come down to whoever people feel like is going to protect their freedoms, protect the ability for them to make decisions for themselves and actually really feel like the government has their back. one of the saddest statistics that i've seen recently is more than 70% of americans feel like the government isn't out to have their backs. they don't feel like their elected officials are fighting for them. in fact, they feel there's a protected class that is getting special treatment and different
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treatment rather than what they would be getting, and many people believe that the only person who is willing to fight that system is donald trump. i think that's really interesting because ron desantis said he was the one who stood up to it, but yet that's not the case that he's been making. elizabeth: let's get your reaction because we have this move from florida governor ron desantis, he suspended -- it's a tough on crime move, he suspended progressive state attorney for dereliction of duty for letting what he claims is murderers and other violent offenders escape the full consequences of the law. watch the governor and watch the state attorney's response. let's get your reaction, lee. >> prosecutors do have a certain amount of discretion about which cases to bring and which not. but what this state to attorney has done is abuse that discretion and is effectively nullifying certain laws in the state of florida. that breaches her duties that that she owes to the people of florida under our state
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constitution and provides the basis for the suspension. >> we saw a manufactured juvenile justice report that showed that i led the state in dismissal of juvenile justice cases. you have to ask yourself, this report has never before been created. why all of a sudden now? because it was manufactured by an agency that's run by the governor. elizabeth: she just basically admitted that ron desantis is saying. you know, lee, you find that crime does rank high in the polls. it's a major voter concern. it was a factor in many midterm races too. do you think this is a good move by desantis, doing this? >> i'm not sure that it is. frankly, i think people know the problem, they want to see solutions. desantis has to beat trump without the chaos. there seems to be a lot of chaos without him. this is one more move i think many people might see as a political stunt, other people say it's a highlight or a focus on the issues that matter most to the voters, but most people aren't going to say what is he going to do to make it better x
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that's what we want to see, and that's what the governor has to lay out for us. elizabeth: lee carter, thanks for joining us. >> thank you. elizabeth: amid growing biden corruption scandals and probes out of the house, another biden gaffe and blunder e. this time he falsely claimed he declared a national climate more than. we've got the sound. he did not. also u.s. companies are really pushing back on biden's new ban on certain u.s. investments in china tech companies, in the sector there. is this a go-nowhere pushesome is this trying to appear tough on china after major criticism the biden family made millions of dollars in china? we've got the fiery debate coming up on "the evening edit." ♪ wit so you only pay for what you need. check it out, you could save $700 dollars just by switching. ooooh, i'll look into that. let me put a reminder on my phone. save $700 dollars.
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elizabeth: okay, let's welcome back to the show from the house select committee on china congressman carlos gimenez. it's great to see you. okay. biden's going to sign a new executive order to ban u.s. companies investing in chinese technology that helps its military like a.i. and quantum
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computing. intel though just said we don't care, we just launched a new innovation hub in shenzhen china with five dozen business partners, so so is this another empty suit move here? is this just window dressing? >> absolutely, window dressing. remember, never listen to what they say, always watch what they do. and, you know, even the ban is supposedly for any i.a -- a.i. that's directly linked to the military. well, just about all artificial intelligence has military applications. and if you know, you know, that every chinese company has to open up its products, its secrets, etc., to the pla. so even though he's banning some, in essence, really, it's not much. it's just window dressing, again, watch what he does, not what he says. elizabeth elizabeth biden is trying to be tough on china, but the horse has already left the barn. beijing is on a march to
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advanced chips and quantum computing and a.i. china is i saying get used to it, america, we're going to continue to our naval warships' patrols near alaska. china's going to.com grate greey over in china. how about making all biden white house officials, all of congress, make them that they can only power their own cars and their own stoves with green energy. with solar energy, with wind power. not fossil fuels, not u.s. oil and gas, electricity. >> well, listen, the problem is that the biden administration policies are making us dependent on the chinese. we should be feint on ourselves. -- dependent on ourselves. as a matter of fact, we should make the chinese dependent on us. they are the most polluting country in the world because they power their economy with coal, and then they sell their solar panels and wind turbines over to us to make us dependent on them. again, makes absolutely no sense. but then again, nothing that this president does makes sense at all.
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elizabeth: let's get back to what we were just talking about, china is signaling to the u.s. we're not going to stop our joint naval exercises with russia near alaska. >> right. elizabeth: nearly a dozen warships cruising near alaska's aleutian islands. what do you make of china saying this is just the beginning of a new era of confrontations? china saying, america, get used to it. we've got senators warning the u.s. is not prepared to militarily counter this burgeoning threat. what do you think? >> i think those senators may be right. you know, i serve on the house armed services committee. we are gearing up, that that's why we put billions of dollars more into defense than the president requested, because we need to. we need to step up and face the challenge, and then are we going to step up or not? it looks like the biden administration's posture is, you know, begging the chinese please don't do that, please don't do this, and the chinese are just stepping all over us. we need to assert ourselves. we're till the dominant -- still the dominant military power in the world, and we need to
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demonstrate that. not through hostile action, but also a maybe we a ought to do a couple exercises off their coast to see how they like it. elizabeth: ' -- ooh. congressman jimenez, thanks for joining us. more on house oversight releasing government documents and bank records that joe biden and his family made millions of dollars from foreign oligarchs in russia, in ukraine, in kazahkstan, cashing in on joe biden's vice president job during the obama white house. and this is happening, it happened right when russia invaded crimea are, so, you know, the question is, why was the biden family cashing in on biden's government job right at that time? also coming up we've got top energy expert neil chattery, more biden blunders today. he falsely declare -- claimed he declared a national climate emergency. we've got the sound. he didn't do that. that's coming up on "the evening edit." >> it's just a war against fossil fuels. the cost of this not only to the
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elizabeth: okay, former chairman of the federal energy regulatory commission, neil chatterjee, joins us. it's good to have you on, sir. okay, feels all over the map. we watched biden go with on the weather channel to talk about how russia and china are not cooperating on the climate, but instead of going after that, he's attacking u.s. energy jobs. he's still fighting to block u.s. oil and gas and their workers. he's still pushing to block u.s. drilling when you need oil and gas to power electric plants for their electric cars. >> it's all about signaling, you know? i think the administration is torn between what they need to do to sell bidenomics, to sell the energy economy without
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alienating their environmental radical left-wing base. and so what they're trying to do is, you know, pursue policies that may benefit, you know, energy production in the u.s. and energy reliability but then vir or chewal to their base that, hey, we're not for this, we're for the environment. we're for, you know, our green new deal agenda. and it's just inhibiting investment because it's confusing people. what is the policy of this administration when it comes to energy? no one seems to know. elizabeth: and, neil, we've got axios reporting that widen's alienate, biden's alien dating blue collar workers -- alienating. and he also went there, he went there. you know, let's hoe you -- you know, he's politicizing u.s. oil and gas. he's now saying that his crackdown, he's admitting that, yeah, u.s. energy, my policies, it's all about getting the gen-z
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vote. and you're going to see that. you're going to watch him make more gaffes and blunders. watch this. >> let's talk gen-z. many of them are angry about the 7,000 oil and gas permits you approved since you've been in office. you promised no new drilling on federal land or offshore. can you tell gen-z that you haven't broken your promise? >> yes, because the courts overruled me. the courts said i couldn't do it. i wanted to stop all drilling on the east coast and the west coast and in the gulf. but i lost in court. >> how is the u.s. preparing the military? >> we're preparing the military by trying to deal with the climate. >> are you prepared to declare a national emergency with respect to climate change? >> i've already done that. >> so you've already declared that national emergency? >> you have a bug on you. >> oh, thanks. appreciate it. elizabeth: there's a lot to unpack here, neil. he didn't declare a national climate emergency. he also said we passed a $370 billion climate control facility. that doesn't make sense either. but did you hear him say he
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wants to shut all drilling both on the east can and west coasts and the gulf? he's trying to get the u.s. military involved here. what's going on? >> you heard his answer, well, the courts overturned me, the courts overturned me. that gives away the game. it was the same thing with his promise to retire all student loans. he's promulgating policies that he knows are illegal, that will not withstand the judicial scrutiny, so he's happy to send those signals to the base that he's doing all these aggressive environment environmental things knowing full well they will not pass the laugh test with the courts. and so that's what he's trying to do. similarly by saying, well, i've declared a climate emergency essentially. well, what does that mean? what does that mean from a policy perspective? elizabeth: he didn't do that. >> he didn't. of course not. he didn't declare one. elizabeth: yeah. >> what he needs to do is promote things like liquified
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natural gas exports that lower global carbon emissions when u.s. gas displaces dirtier sources of oil overseas. why not embrace policies like that which help the economy, help the environment, help us geopolitically? instead he's trying to send signals to his gen-z base, and they're not hearing him. elizabeth: so these are all dog whistles and phony head fakes. you know, the far left is saying biden's not far left enough on green energy, so it sounds like this is likely a head fake too. four progressive sanders, what do you think of them saying to a.g -- senators, what do you think of them saying the justice department must sue big oil because it's undercutting their climate change agenda? that's also going nowhere where. >> total head fake, total political propaganda. this plays into what you noted earlier, this is what's alienating the working class, the people whose livelihood
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depends on these industries thriving and not just the folks who work directly in those every industries, just everyday americans who want to drive their cars to work, to the grocery store, to know that trucks will be able to bring them the products they need to just go about their daily lives. to think that environmental policies are going to undercut their ability to afford these kinds of things, potentially make some of the basic necessariesties that they've become accustoms -- necessities that they've become accustomed to unavailable, it's rattling a lot of people. elizabeth: neil chatterjee, thanks for joining us. we'll have you back on. >> thank you. e. elizabeth: we have legal eagle sam dewey responding to new sound. peter to do city just went after the president hard saying what's going on with you making millions from foreign oligarchs in russia, kazahkstan, ukraine? that's what the house oversight is reporting based on bank records and government
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documents, that this is happening when joe biden was vice president, when the obama white house was putting out fires over there because russia had just invaded crimea. so go make money in russia, kazahkstan, a russian ally? go make money in ukraine. we're staying on the story. let's go right to dagen and sean and "the bottom line." watch their show, it's terrific. sean: it is a jam-packed show. we have charlie hurt, the great, virginia. first off in the show. also john james, congressman from the great state of michigan. dagen: john john kearney and delaware roy murdoch. we'll talk biden, everything you need to know, razzle dadding. top of the hour. what if buildings could tell you how they could be more efficient? i'm listening. well, with ibm, you can use software to help you connect and analyze data— from hvacs to elevators to lights. what if we use ai-driven insights
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elizabeth: okay, let's bring back into the show former congressional investigator sam dewey. we're going to show you what happenedded today. fox news' peter doocy, jumped over the fence to ask president biden today about biden insider devon archer testifying that biden was on at least 20 phone calls and in meetings on speakerphone too about hunter biden's overseas business with dealings. let's watch what happened. >> reporter: there's this testimony now where one of your son's former business associates is claiming that you were on speakerphone a lot with them
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talking business. is that what -- >> i never talked business with anyone. and i knew you'd have a lousy question. well, what -- why is that a lousy question? >> because it's not true. >> thank you, mr. president. elizabeth: i mean, you know, sam, how long can this hold up, saying it's not true, attacking reporters, saying it's a lousy question when it's in congressional testimony? >> yeah. that response is -- that's the first time i've seen that. that's consistent with what we've seen which is a constantly changing story which makes you question, welsh what is going on? first -- well, what is going on? first it was aye never met with any of them, i've never talked with any of them, now it's some sort of distinction, well, i never talked business with them in that i didn't discuss a transaction. but, yes, e may have showed up to a business dinner and, yes, i knew i was on speaker phone when he was at a business meeting. and it just constantly keeps
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changing, and i think the reaction to that shows an unfortunate level of disregard towards the press and arrogance of you may not like the question, but you have to answer it. elizabeth: and continuously, you know, systematically, many critics say systematically lying about it. i mean, we've got house oversight releasing more bank records that, you know, the biden family made more than $20 million from oligarchs in russia, kazakh tan, ukraine and elsewhere -- kazahkstan. how bad does this get? how much will it hit his polls, and is there the enough for impeachment here? >> i mean, we don't know how bad it'll get, we don't know what will happen9 with the polling because i don't think this is being fairly reported by a lot of media, so you have to factor that in. i think what we do know is that it very well could have a large
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impact. this very well could lead to an impeachment inquirely. it's why we need -- inquiry. it's why we need more information. and, again, the continually changing story, the former portions of which we know now not to be accurate, just creates more need for transparency. if you're just changing your story, you're changing your story, you're saying your prior statements were accurate and the unanswered questions are mounting, there just has to be transparency. it's not a sustainable state of affairs. elizabeth: you know, they had, you know, they got trump's tack returns released by -- tax returns released, house ways and means did that. shouldn't the biden family fully release their tax returns to see how much money was going through those tax returns by profiting off of the biden white house, biden's vice president job? i mean, this was coming, again, at a time when russia was going to war with crimea, invading
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crimea. and now the house oversight documents and bank records indicate that, you know, they were making money from a russian oligarch, making money from a putin ally in kazahkstan, an oligarch there, making money from ukraine at a time of war. >> yeah. i certainly think that there is a predicate to not only get more bank records and talk to more business associates, but there is also a predicate clearly at this point, very me tick rousely documented -- meticulously documented, to get into the biden's bank records. thus far the committee has not because they've taken the time to build a case unlike what the democrats did to president trump. the committee has not sought biden bank records, but they've developed a very detailed case that says, well, there are all these really questionable transactions, and is we don't know what's in them, and the only explanation we get is, oh, i'm going to change my story, here's version four -- elizabeth: you know, can
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congress subpoena biden family bank records? >> yes. they unambiguously can, and they should be able to. will. elizabeth: all right. >> there is -- elizabeth: go ahead, finish your thought. >> there is no reason with a detailed predication they have laid and the detailed work they've done to show why they need the words that -- the records that they wouldn't get them. elizabeth: got it. sam dewey, thanks for joining us. still ahead, we've got national review editor rich lowry. we've got the president attempting a victory lap, he's going to do it soon, on the inflation reduction act. americans still not feeling any relief from inflation in chair wallets. -- in their wallets. that's coming up on "the evening edit." ♪ ♪ >> woman: why did we choose safelite? we were loading our suv when... crack!
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elizabeth: who's with us for our hot take, it's national review editor rich lowry. >> hey, how's it going? elizabeth: voters are saying time to fix america, time to fix it, but biden's going to celebrate the inflation reduction act? why take a victory lap? >> the only thing it had to do with inflation, obviously, the word was in the title. otherwise mildly inflationary at the margins. people don't know anything about it, but biden wants to go with the conjunction here of the inflation rate going down with the anniversary of the as passage and try to convince people he had something to do with it. there's very little sign that's going to work in the polling, but this is what you do, you try
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to talk up the economy and try to take responsibility for it. elizabeth: well, you know who else is saying fix the economy in it's working class black and latino voters, and now axios is saying they're abandoning, they're leaving biden, biden is losing those voters because they're saying, you know what? we can't afford your green energy. you're doing it too quickly and too costly. >> yeah. this is always the problem, republicans are becoming a more working class oriented party. there's a lot of focus on working class whites, but they're not, obviously, the only working class people in the country, right? [laughter] there are black and latino working class people working their butts off to make ends meet, don't appreciate the inflation, the real wages declining over the last two years, and democrats really assumed after obama there was, they weren't going to fall any further among working class why notes. hillary clinton proved that was wrong. now we may be seeing there's even further room to fall with working class voters because african-american and latino voters are going to start turning away from the democrats
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as well. elizabeth: you know what, rich? this is a bellwether, right? this may be a hinge point, a turning point. you know what's a bellwether, you know what has sent up fire engine red flares into the atmosphere, it's when house democrats are silent. the house -- politico is reporting house democrats in vulnerable seats, they're not talking about bidenomics at all. they know that it's a problem. >> yeah. so this is, again, it's a balance, right in you're the incumbent party who's, holds the white house. you want to talk up the economy, but you don't want to seem out of touch, and all the polling suggests despite some of the numbers being okay or suggesting we might be heading to a soft landing, people do not feel good about this economy. so you want to convince them that maybe it's better than what they think, but if you do that too much, they might turn around and say, you know what? you're out of touch, you don't know what it's like for me dealing with these higher prices, and i'm going to vote
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you out of office because you don't know what's going on with my life. that's the downside risk. and those vulnerable members are particularly aware of that downside risk. elizabeth: yeah. they go home to their home districts and hear from the voters, you know? and, you know, when you see -- you know what's interesting in the nfib is reporting the small businesses, their optimism is running below average for 19 straight months. listen, we're just reporting what the data shows, right? we're just reporting what government records show and documents show and what americans are saying in the polls, right? >> yeah. elizabeth: so when we see what we see on msnbc, what they're reporting, when we see, you know, white house officials, what they're saying, it's like they're trying to push on a string. they're trying to push on a narrative into -- it's like pushing on a wet noodle into the u.s. voter base, and the u.s. voters are saying, what are you doing? we're facing hardship, you're not reporting on that. >> yeah. so what some of them think and actually say, not the politicians, but the
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commentators, well, they'rer rational, right in they just don't realize how good things are. but they're the ones that are cutting edge of the economy. they feel manager's not right. something a's not right. and you're never going to talk them all off it i. although all incumbent presidents try to talk up the economy, conditions make the difference, and it's when conditions truly get better and have people like those small business owners actually feeling better, that's when you consolidate the economy. elizabeth: rich lowry, good to see you again. >> have a great night. elizabeth: tomorrow house majority whip tom emmer, former arkansas governor mike huckabee, fox news contributor liz peek and much, much more. thank you so much for watching "the evening edit" on fox business. we had a really good time with this show. we love delivering the news for you. hope you enjoyed it. if you want to see a really great program, stick around for "the bottom line." dagen and sean, take it away. dagen: thank you so much, e-mac.

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