on the assumption you have children, >> this isn't 33 times, this according to energy star, the energy-saving program. basically saying don't open your refrigerator door because you lose energy. thank you for being on the show today. ashley, see you again tomorrow. don't get to save your friday feedback, email your email -- questions, comments or concerns. varneyviewers. fox.com. the countdown begins. time is up for me. "varney and company". in two second, coast to coast will starts now. neil: a pain in the gas. just when we thought the inflation trend was getting to be our friend, and bumped at the pump, rise in gas prices getting in the way of

everything else rising to produce the biggest jump in retail inflation in 14 months. versus 3.2% in july. annual core inflation removing nasty spikes in food and energy remain high of 4.3% in august steve and vote that is the annual rate of 4. 7%, still means other things are driving up and widening up the price spiral. things like lint and medical care and even vehicle insurance. you name it, you are paying more for it. that is if you are willing to keep paying more for it. that's the big question right now. when will consumers stop buying more stuff? with a timely issue for apple which has lots of new stuff but their stuff doesn't come cheap. products these days don't. what happens if price jumps keep happening, what if they

start accelerating? that appears to be what is happening now. so it is a big issue for the markets and bigger issue for the economy and really big issue for politicians because it's a really really big issue for voters. still spending but growing signs many i just spent. welcome, everybody. glad to have you. where do we stand on this? main street and wall street, we are still digesting the significance of an inflation report the reversed a trend showing 12-month slide we've been having with the rate of increase, slowing if not reversing. are you worried about inflation?

>> there is concern about it. this is one report, we all know energy prices have been out significantly. oil prices up 12% over the last 6 months, 20% since early july. the market pretty much forecast what the report was going to be, we have to focus on what we don't know. that brings us to retail sales, retail sales has been less easy to forecast month by month from the people that forecast everything. neil: i tried to include the look of things. if you think about it, the consumer has been the saving grace yet still spending in an environment where you think they are running out of money and running out of breath, many stacking up the credit card

bills and that could impinge on it. how do you assess that? >> we have to look at the report tomorrow and see if it is significantly different than we have seen over the last few months and then go on to produce prices tomorrow and you know, i think we know that energy prices are higher, we know september is a seasonally difficult time for the markets. but there are things we don't know. we don't know how much impact the fed tightening will have. it is baked in the cake they will not hike rates next month. all of the debate seems to be over the november meeting. lauren: 1 don't know on that one. that would be the next type and

we see a hike, that might be yet. we are just through this process than most people give credit. >> we are close to the end. one more rate hike or down. the one thing that does worry me a little bit about the fed forecasting, many people are forecasting a cut or two next year, i'm not there yet. and thing of a market might make an additional adjustment to is we have these rates, 5.5, exactly how they play out by the end of the year. we will have those at least through the first half of next

year because i don't think the fed is going to risk starting to cut unless they label it purely as a minor tweak to anything they've done so far. lauren: 20 that makes a lot of sense. overreach - the federal fund, around 5.5%, most don't anticipate a hike. not a crapshoot is the fact republicans are following up on plans for an impeachment investigation or whatever you want to call it. chad pogrom on where that stands. there is some blowback to that. >> right now house speaker kevin mccarthy is facing a triangle of trouble, he's dealing with impeachment, he has to fund the government by the end of the month and he also may face an internal challenge to his leadership because he met house

republicans for the first time this morning since announcing impeachment inquiry and the timeline for impeachment is unclear right now. >> an impeachment inquiry is simply empowering the house to a greater level to get the documents they need to answer questions which i would think the white house would want to answer these questions. if someone was accused a bribe, of what they said. >> archconservative pushed mccarthy to launch an impeachment inquiry but some believe mccarthy only started impeachment for gop members upset about government funding. they want to a joint -- avoid a fun down with a bill that removes funding on a temporary basis, some conservatives are threatening to remove mccarthy if they don't like how he handled funding. that means democrats could actually help mccarthy.

>> with the speaker we know than the speaker we don't know and that they are trying to get rid of him because he's trying to work in a bipartisan way to keep our country moving forward is a good reason to oppose a motion to vacate the chair. >> reporter: hakeem jeffries, the democratic leader, disagrees, here's what he said yesterday ♪ they are going to have to work out their own internal poisonous partisan political dynamics on the republican side of the aisle. adam: want to go to john joyce, pennsylvania republican congressman who sits on the energy commerce committee and others. great to have you. where are you on this impeachment inquiry? >> what we heard at republican congress is speaker mccarthy is looking up to what his promise was. he promised us a government that's responsible and what jim gordon through the judiciary

committee, or the oversight committee and what jason smith did with ways and means, on incredible information we need to pursue the next level and the next level is an impeachment inquiry. by the 5 family, transfer funds into those shell companies. and what he did by taking the next step, speaker mccarthy outlined, the next step is an inquiry into impeachment. it is the timeline he thoughtfully outlined in the next step is where we are today. 20 donald trump was on the phone and talking directly to republican congressman to get this to open an impeachment inquiry. i don't know how true that is. or whether he might talk to you. >> he not talk to me. what we were doing at the

republican conference, we are working to take those next steps or hold president biden, his family, are accountable for what their actions were. neil: and inquiry is just gathering things up. to hear chairman comeer and others talk about it, this would lead to impeachment proceedings. >> all the evidence points that we will have impeachment proceedings. we need to take those next steps. what speaker mccarthy has outlined, with this inquiry we could do that and a thoughtful and concise manner. i'm looking forward see the results. of that leads to an impeachment vote i'm ready to take it. neil: there was other talk about this was happened mccarthy's way to placate conservative members who are not keen on how he has been

handling this matter and might cave on spending matters. this is keeping them in line. it means we are less likely to see a government shutdown. any truth to that? >> as a conservative member of the house of representatives, i commend speaker mccarthy for taking this approach in a thoughtful manner utilizing three existing committees, oversight judiciary, ways and means to get to the step of an inquiry. neil: there's a vote on the floor, california has a stiff mandate, all sales have the electric vehicle sales. other states like new jersey doing the same thing, michigan, what do you think of that? where does that stand? >> we sponsored legislation we voted on tomorrow the will

allow us to sever the ties of nepa mandate forcing america to electric vehicles. i represent south-central and southwestern pennsylvania where there are mountains and cold winters. the electric vehicles do not have the range with the capability and certainly aren't affordable to achieve what my constituents expect in pennsylvania. this important piece of legislation will sever that tie and allow internal combustion engines to be maintained. let me make this point. this is not a mandate against evs. if you have the resources and want one, purchase one. the california regulators and gavin newsom should not be making those decisions for all of america. this is an important piece of legislation which ultimately i expect bipartisan support because everyone has to go home to their constituents and say i want you to make the ultimate choice of what vehicle you choose to drive.

neil: great talking to you. in the meantime, updating you on the chitchat we have been seeing between vladimir putin and kim jong-un in north korea, the north korean leader said something that caught my attention when i support you, vladimir putin your sacred or. which wore? ♪ you can't buy great conversations or moments that matter, but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine.

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neil: you are aware by now that kim jong-un and vladimir putin have been on a cozy chat express, five hours of talk yesterday. a very pricey dinner. who picked up the tab but? i am not sure who took care of that. dan hoffman is with us. he knows what he's talking about, former cia station chief officer, fox news contributor and one thing struck me as

interesting in the report and that was brent velicovich -- kim jong-un supported to supporting putin and his sacred war, presumably talking about ukraine but vladimir putin is in a lot of wars if you think of it. what do you think of this new alliance. it's not a new is not a new one but a more personal one. >> it has got to be a lot more personal and the summit did not result in an agreement that he had hoped for. so no question that he's enjoying the diplomatic status at the pump and circumstance traveling by armored train. the fact they are meeting at the main spaceport in paris's desire to receive satellite technology from russia.

that would be a violation of sanctions quite sure is willing to pay that price in return for the military equipment he so desperately needs from north korea. neil: opposition that he used to provide this stuff that was provided in the past but overnight, north korea fired ballistic missiles, that was while he was away, first time he has done that without being formally in the country. what did you make of that? >> is messaging, messaging russia that north korea is serious about the value they have of their military technology and they will advance, russia's senior intelligence officers, no one is better positioned than them to recognize china and iran and north korea are extorting

russia's need for oil exports, drones and artillery from north korea because russia spilled so much blood and treasure in ukraine and kim jong-un supports the war in ukraine because that is driving russia to north korea's open arms and it will be a deal that absolutely suits kim jong-un. neil: i remember how prescient you were when i was asking a series of questions, when bladder put looked to me on the ropes, just dealt with the prigozhin uprising, forces that had almost taken moscow and low and behold he is gone the wagoner group is in total disarray and vladimir putin has a tighter grip than ever. what do you think of all fat? >> he has a tighter grip but i think he's vulnerable. if there is one lesson vladimir putin should have learned as a guy who served in the kgb and

director of russia's federal security service, you don't allow threats to your regime to materialize as they did with prigozhin before you do something about it. vladimir putin's predecessor, joseph stalin was all about preemptive purges. he killed roughly a million of his own red army officers and intelligence officers in the 1930s, the so-called great purge. i can't imagine that stalin would let allow someone like prigozhin take over the military district and present pretty close to an existential threat to the kremlin before doing something about it. that's what bladder did and it shows he's vulnerable. he says he is in this for the long haul but i have to believe those who are potentially at least against vladimir putin's regime, they see an opportunity

to take action against him. probably won't do that ourselves because they have to conceal their plans from the russian intelligence officers searching for the. putin is focused on vetting his mother and the wagner group to determine those serving under him are doing that. neil: i bet he's doing more about that. dan hoffman on all of that. a lot of people i saying if in doubt make sure you have the seal of approval before you purchase something, the fda was sort of that for a lot of stuff you purchase at the drugstore. all the products i'm showing you according to the fda, good. the fda or what? ♪

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neil: the fda for your most trusted product are not what they appear in might be -- might be using them for years and might be saying what the heck, some people are more blunt than that. i was thinking and looking forward to seeing it. who do you trust? the fda, you like that they rode off on a lot of these products and they reverse them. >> this came out because

researchers at the university of florida actually showed it was no better than the sugar pill. they push the fda to review this. in the past, it is very effective, in terms of its availability, used to make meth. that is how it started getting into these drugs rather than the restrictive nature of that particular drug. neil: some of these are marquis names, talking about night quill, these are well-known names and people cannot and are not discerning the difference. what do you tell? >> you have to look at the label and it will clearly say pseudoephedrine. pseudoephedrine is very

effective. when you take pseudoephedrine all of it is absorbed in the got and delivered to the bloodstream. when you take that, 30% get to the bloodstream so you have to have mega doses. neil: worked for me. what do you think? >> i would use pseudoephedrine. neil: i would like to tap that brain about these new boosters coming out to deal with these cases to update those out there. where do you stand on a couple varieties out there. timing it with something like a flu shot. >> flu shot, yes, mandates for boosters for covid absolutely no. if you are in a high risk category, heart disease, lung disease, diabetes, cancer,

immunosuppressed or at high risk for exposure it may make sense. this is an individual decision to be made with you and your doctor. not something the government needs tell us how to do. neil: so for me, check check check, where do you stand on this, the reemergence of this thing, especially the vulnerable population here? >> if you have heart disease and cancer, immunosuppression you probably should get a booster. if you don't have any of these things, i would not get the booster unless it makes you uncomfortable. julie: are the best, appreciate it. doctor kevin campbell, president and ceo, that's the doctor you want when dealing with anything. jack brewer was listening to this, former nfl great, doesn't need any booster.

the jack brewer foundation ceo. do you pay attention to stuff like this? and what do you do? >> it was in the training room, 9 surgeries so i respect what doctors say. neil: there's a concept. and a lot of it comes back to that field. there were ample concerns expressed by athletes not making the play. you played all over the country. did you think of that when you were a player? >> i played in the area of astroturf.

switching that. adam: newer turf wasn't supposed to be. >> they round up tires. synthetic stuff. neil: that better than we are seeing now? >> not really. now is the point these athletes move so fast, so strong, we need to get back to the natural grass, doctors highlighting that, we've got lionel messi, the greatest error here. adam: played, he didn't play there. the whole aaron rogers and get back to something we chatted about. and similarly thinking about

the mets and yankees and they are not making post way. >> with a copy of football. a lot of contracts are not guaranteed but you get an injury like that. and everything is around him and the top below. the jets have insurance and paying that. neil: football players, someone at his level if you his contract, just give him the fact that he ranked so much marketing and also that he attracts other players how you can't put a price tag on it. neil: something near and dear,

it is out of control, something you haven't forgotten where you want to help but it is out of whack. tried to address it. >> as the chairman of the jack brewer foundation this is at the core and we see it firsthand off part 125%, just not supposed to happen. i heard people say it is because of the child tax credit expiring, if they stayed on, still a 50% increase. neil: what is the problem? >> we have a culture of not working, and different areas where government regulated business and need to open it up more, to certain jobs in certain communities.

drug abuse and that, all time highs in inner cities and see the problem. all of these things go back. you are five times -- neil: i am sorry. the response you get when you say that. >> some people defend it. really not just about that but we have an issue across the board, 18.6 million so you have a high rate of poverty and incarceration. on the criminal justice system, the education system, start looking at reading and math proficiency, in line with these poverty rates. we can identify where the problem was coming from, if we don't start having incentives to build strong families

instead of this incentivizing, we have a lot of structural issues. it has metastasized. neil: you are not giving up. great seeing you. you look better than you did when you were playing. i resent that. all right. great seeing you again. we have a lot more coming up including the fight over electric vehicles, trying to end a mandate in california, everybody has to have one. at least four top ceos, many in the auto industry are the latest to say no. ♪

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>> i'm grady trimble live from detroit. the potential united auto workers strike youth hanging over the detroit auto show. here's how the ua do -- uaw president described how things are going. >> we are making progress and the clock is ticking. we told these companies, tiktok, got to watch the clock. it is going to run out. that happens when you wait until the last minute. can we get there? we need to buckle down and get busy. >> less than 48-hour to go. the uaw wants a bigger part of

the profits in the form of huge raises for workers had a 32 hour workweek and other demands. the automakers say as they are investing billions of dollars into electric vehicles, there's only so much they can offer. >> we are reaching deeper than we ever have, it will require a lot of belt-tightening. we can't make a bad deal level from the likelihood of future sustainability of the team that the uaw represents. >> electric vehicles have been a sticking point in these contract negotiations and are a focus of the auto show. you see the new test track for the first time ever. in the interview you just saw from special report with bret baer, ford's ceo city thes are not for everyone. they are good for people who are wealthy, who might not travel long distances. that is certainly a different point of view from the biden administration who has been

pushing electric vehicles very hard despite the challenges with of them. neil: how far are you from the cars that are swerving behind you? >> reporter: there's a barrier between me and them so hopefully i will be protected should anybody be a bad driver. neil: long as my wife is driving any of those vehicles, great stuff. we've got scott martin joining us on the whole ev push and even automakers themselves saying not so fast. what do you make of that? >> these things are fast, they can go out of control quickly off the line and hit people and this is a tough thing because it makes sense. i get the biden administration's original ploy to make this part of our future but guess what, boys and girls, americans don't want them.

that's the problem. you have a executives, at ford and gm trying to adhere to the administration's wishes and make these cars but people don't want and making things that are not in demand and aren't going to sell, they cost less to make, take less hours to make them as far as workers go, hurts the impact to the american workers so you have a lot of disconnect going forward that needs to work out and this strike is going to be a line in the sand how to do that. neil: a lot more people in these vehicles, three% or 4% share, 8% now. many are moving to these, not all but you can't mandate this. >> even though scott reiterated the biden administration, these

evs are on average $18,000 more expensive than gas powered cars, that's the problem especially when a typical american family is $7000 poorer per household under president biden. massive problem, the mandate shoved down our throats and creates costly regulatory burden to the american public. the people are speaking and secretary of energy jennifer granholm said slow another line of charting. neil: stopping to charge it takes a long time. if you like me you run in and get some goodies, getting fatter as you are driving, that's a separate issue but i am wondering. we are getting to a point americans are saying mandates, requirements, just cool it. where do you see that? >> it doesn't feel good. american consumer working hard

for our dollar and a somebody telling us, isn't a higher level than we all are, say this is what you do with your daughter, this is what you can purchase, something people don't want to. the point behind the biden administration was we don't have the energy to do this or the infrastructure to charge the cars your point but about the oil? the permian basin, we can discuss self reliability to heavy gasoline feed the cars we want to drive on our interstates. they could be more fuel-efficient. i am sure that is the case but you don't have to go to ev to make it happen, to say this is how we did a line in the sand and make sure this is how things come out of the strike. neil: as you know, on capitol hill, in that whole industry, not just evs but high tech in general, part of nai summit on

capitol hill, looking at ways to police it. what do you make of the cast of characters, i believe in the case of marcus a berg, the first time those two will be in the same room at the same time, what do you make of that? >> would love to see that. even more interesting, randy weingarten reportedly invited to this, so she was on the list. fox business reported it. very interesting to see how it shapes up especially when we worry about smaller competitors, startups of new entrantss, we know natural advantages that accrue to these tech behemoths. a lot of ai requires energy, resources, processing power, high volume and variety of data these big tech companies have been collecting. i worry they will try to send

those monopolies of sorts on nai before they let the innovators get a chance. i don't want them strangled and the cribs. that innovation comes from that competition. i am looking to chuck schumer and the senators in those rooms to come out of that talk and do something towards transparency, privacy, competition and doesn't necessarily cement the big tech hold on these markets especially the ai market. neil: thank you very much, someone said half $1 trillion is almost as much as brian brenberg said. is with us now. brian: buying influence and influencing regulation. millionaires and billionaires on the hill meeting with senators about the future of ai.

tough questions get asked. we will ask marsha blackburn coming up but first coast-to-coast after this. ♪ dad, we got this. we got this. we got this. we got this. we got this. yay! we got this. we got this! life is for living. we got this! let's partner for all of it. edward jones ♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. ♪ explore endless design possibilities. to find your personal style.

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neil: to be the the consensus, president biden and donald trump will be the respective players repeating the 2020 race but a new poll, two of them show something different developing. they have come down precipitously, more than a lot of people thought, they still lead in each of their party contests. want to get a read on that this. richard fowler, fox news contributor, definitely not a gop strategist. we begin with you on biden losing ground in that state. many say nationally that is what is going on and conversely, with donald trump as well. what do you make of that? one paul or different polls? >> good to see you. take the partisanship out of

this, we've got two candidates running for office, what is currently the president, one is formerly the president and overall the american electorate since we want something new, there is something happening here and for the biden campaign what they need to be doing is communicating what we've done the past couple years, what we've done in a new administration, for the trump campaign. what they've got to be communicating in this moment to their base is here's how we are going to win independents, win back the suburbs, went back suburban women. this is our strategy to win a general election versus just trying to win the primary election. for both candidates those different expectations. this paul is something both campaigns are about to do. neil: what is the paul in iowa for republicans telling you? >> the paul tells me what a lot of people expected. if you have a primary where they are burning through money, $100 million and counting spent

already in this gop primary, donald trump has had thought that support the road. the issue with the closest first, ron desantis and i will have also seen their support. to richard at point if you take the politics out of it, republicans have to tell their story, democrats are going to tell their story, republicans, would behoove them to focus on those kitchen table issues, it's the economy, stupid. the politics work time mostly since 1992 when james carville coined the phrase and talk about the actual issues with the economy and hurting americans every day. neil: the issue of inflation and the reminder of it, not -- we are running at a 9% clip. even so, it's a worry for many democrats who don't believe the administration is properly framing it and some wonder if the president can frame it or is he civilly too old?

we heard this argument back and forth. trying to dispute that. what do you make of it? >> no question the electorate is tackling president biden's agent also tackling with the stain of donald trump. when it comes to the economy, i think there's a debate to be had whose agenda is better. for democrats, the biden white house, they coat the fact that in many communities across this country we are building new roads, taking out lead pipes, investing infrastructure. neil: the trend is your friend. house donald trump playing that risky not? >> republicans would note roads might be do put the gas can't be afforded. in many ways the cars the biden administration want you to buy, americans can't afford, savings accounts are empty and at the end of the day if you're asking are you better off today than you were four years ago many americans the answer is simply no. neil: how do we solve that

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