tv Shepard Smith Reporting FOX News September 30, 2019 12:00pm-1:00pm PDT
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average folks at home you are also invested in this great economy as well. >> dana: we appreciated, thank you for helping us understand it. i'm congratulations to you and everybody at fox business. thanks for joining us everyone, i'm dana. here is shep. intelligence officials who blew the whistle on the president of the united states and the ukraine could testify on capitol hill very soon. the house intelligence committee's adam schiff. congressman schiff vowing to protect the whistle-blowers identity as president trump ramps of his attacks claiming a whistle-blower is fake and demanding to meet his accuser. further, today the president accused chairman schiff of making a false statement and suggested that he should be arrested for treason, the maximum punishment for which is execution. attorneys say the president has put their clients personal safety at risk and if there is a
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$50,000 bounty to uncover the whistle-blowers identity. revealing the identity of a whistle-blower is forbidden under statute. as most republicans publicly defend president trump's actions, some are breaking ranks, including his former homeland security advisor who says he is ably disturbed by the whistle-blower complaints. >> it's a bad day and a bad week for the president for this country. he's asking for political dirt on opponents, but it looks to me like the other matter that is far from proven that seems to be far from proven and that's going to be the focus of our congress for the next year. >> shepard: a fox news has learned that president trump personally froze the hundreds of millions of dollars in military aid to the ukraine just one week before he asked the ukrainian president to investigate his political rival, joe biden, by
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doing him a favor. they were unanimous in wanting to send aid to the country. they have approved the money and the missiles for the ukrainians and their use in the ongoing conflict with russia, america's primary energy in europe. they asked stephen miller why president trump would place a hold on that aid. >> why did the president go against his own pentagon in his own state department? >> i don't understand how you can ask that question. while at the same time admonishing the president from when you could get to the bottom of perhaps one of the biggest corruption scandals concerning the ukraine and the last two years. >> with all due respect -- >>
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why with the president go against his own pentagon and state department. >> 's client to testify has not yet been set and negotiations are ongoing. kristin fisher reporting. >> moments ago president trump was asked by a reporter, do you know who the whistle-blower is? they were trying to find out about a whistle-blower. that's exactly what whistle-blower attorney are worried about. so much so that over the weekend they wrote a letter to the acting director of national intelligence saying they are concerned of that "our client's identity will be disclosed publicly and as a result, our client will be put in harm's way." moreover, certain individuals have issued a $50,000 bounty for any information related to our clients identity, and perhaps no one wants to know who the
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whistle-blower is more than president trump. he said on twitter, "i deserve to meet my accuser." and at the same time you have a white house senior policy advisor stephen miller saying that perhaps this whistle-blower is not even worthy of that title. listening. >> the president is a whistle-blower here. the president of the united states is the whistle-blower and this individual is a saboteur trying to undermine a democratically elected government. >> but democrats call the whistle-blower courageous and speaker pelosi says, if anyone is trying to undermine democracy it's the president. >> we could not ignore what the president did come to give us no choice. it wasn't any change of mind. i always said to come we will follow the facts where they take us and when we see them we will be ready and we are ready. >> ready and moving very fast,
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there's already several depositions and hearing set for this week. >> shepard: our colleague reported just yesterday that two lawyers have actually been working with the president's attorney rudy giuliani to get opposition research on joe bid joe biden. chris reported that according to a top u.s. official, all three had been working off the books. some push back but kristin wallacchris wallace is only that today. >> and all three were working off the books. the only person in federal government that knew what they were doing was president trump himself. now, she pushed back by calling the story categorically false, and congressman adam schiff hinted last night, he could be
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preparing to subpoena giuliani to testify before his committee. >> we will need evidence from rudy giuliani and it is our attention as soon as next week to subpoena him for documents. there may well come a time where we want to hear from him directly. >> he did say that. >> shepard: some law makers are heading back to washington during the recess to push forward with the impeachment process. house can determine, democrat adam schiff of california that they are moving expeditiously on subpoenas and hearings. team fox coverage continue, david on capitol hill capitol hill. >> right now there is also a subpoena with mike pompeo's name on it. house democrats thing in the past he has ignored such
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requests but they think this time he may comply given the seriousness of this. there are three committee chairman asking for specific documents related to president trump's relationships with the leader of the ukraine. i want to put up a graphic to show you some of these officials. a former u.s. ambassador to the ukraine masha jovana vick will be deposed on wednesday, and our sources indicate he will cooperate. yesterday house speaker nancy pelosi held a conference call with members of her caucus to discuss the method of moving forward. some members of congress are having impeachment town halls over the next few weeks over the recess. chairman adam schiff working hand-in-hand with speaker pelo speaker pelosi. >> after the last three years that we've been through the president understood that it was illegal to seek foreign assistance in a campaign. immediately after mueller testified, that was exactly what
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he was back doing again. >> chairman schiff had interested in calls also indicating he would like to talk to rudy giuliani. as kristin said it, rudy giuliani implied he would not comply. if they don't that could be grounds for an additional article of impeachment. in the past wilbur ross and white house counsel don mcgann have decided not to comply. house democrats could put that altogether and make that a separate article of impeachment. >> shepard: what are we hearing from the senate majority leader on all of this? >> mitch mcconnell decides all of what comes onto the senate floor but in this case he spoke specifically on impeachment today. listen. >> it's a senate rule related to impeachment that would take 67 votes to change so i would have no choice but to take it up. how long you are on it as a whole different matter but i would have no choice but to take it up. based on a senate rule on
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impeachment. >> it's important that he he sad take it up. that means it would go to a committee instead of a full-blown trial on the senate floor but it would be very rare for the leader not to take it up on the senate floor. this is only happened a few times in history. >> shepard: at one of the witnesses will be the whistle-blower so how do you keep somebody's identity secret during testimony on capitol hill? that and the rest of the day's events, coming up on this monday afternoon. th♪
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>> shepard: breaking this afternoon, a new york congressman is calling it quits the day before he is expected to enter a plea and a court case. fox confirms a republican lawmaker chris collins will step down effective tomorrow. and house speaker nancy pelosi has already received his letter of resignation.
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collins is expected to plead guilty tomorrow in connection with an insider trading case. if prosecutors say he leaked confidential information about a company to two people including his son. that let them avoid hundreds of thousands of dollars in losses. we reported earlier that the house intelligence chair adam schiff said he plans to have the whistle-blower testify soon before lawmakers as we all know, the whistle-blower's identity is still largely a mystery, known only to very few. but tomorrow it could become more complicated. you have to get the whistle-blower to capitol hill and into a hearing without anyone seeing. by senior producer from capitol hill chad program has this. you know the inner workings better than anybody. how will they do this? >> reporter: they could have an off-campus interview, they certainly did that during the benghazi investigation. there are ways they could block off the hallways here on
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capitol hill and they certainly did that with cavanaugh bringing him in and out of the capital last year. if they wanted to bring somebody in here and not let people know, they could do it. i will give you an example. in november 2012, david pretorius was scheduled to come to talk about benghazi or a predawn hearing and they brought him in over cover of darkness. this is as cloak and dagger as i've ever seen on capitol hill. just a few feet from me is russell park and there's a driveway, a garage that goes under underground in snakes around through a rabbit warren. they got him into the capital before dawn and there were hordes of photographers and cameramen all over the capital and the story was that there was not a single frame of video of david pretorius coming into the building. they said hey he's here and then got video of his car leaving some hours later. so if they wanted to do it, they could do some off-campus interviews.
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with the benghazi investigation we found out days later they had talked to key witnesses. >> shepard: the president keeps saying he wants to meet his accuser and he wants to know who the whistle-blower is, so how great is the fear that someone capitol hill who will have access to this whistle-blower make leaked to him or others? >> members of the intelligence committee usually treat this pretty cautiously. but there have been instances over the years where lawmakers on those committees have gone right up to the line, maybe leaked some information and gotten some information. at that could be political pressures on both sides of the aisle to do so. probably the case that is most important in this instance is mike ravel, the democratic senator from alaska. he got a copy of the pentagon papers in 1971 and there was a question about whether or not he should have them. he tried to read them into the congressional record of. it went to the supreme court and in the article is something called the speech and debate clause.
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in other words, if you can't prosecute lawmakers if they are conducting congressional business. something could be referred to the ethics committee if they went over the line there but the case in the 70s that went all the way to the supreme court is most important in this instance. we want to thank you very much. according to the constitution a sitting president can be a impeach for treason, high crime and other demeanors. treason and bribery both pretty much understood. founding fathers of high crimes and trees and to interpretation. >> the word impeachment is being thrown around a lot these days but the actual process can be complicated, confusing and slow moving. let's talk about the constitution, article two and section four. the president, vice president and all civil officers for the united states i would be removed from office on impeachment for the conviction of treason, bribery or other high crimes and misdemeanors. it's up to lawmakers to decide
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what constitutes high crimes and misdemeanors and it all begins with the house of representatives. traditionally that judiciary committee that is tasked to investigate. last week house speaker nancy pelosi said congress launched an impeachment inquiry. one senator said he'd rather see lawmakers make it official and move the matter forward. >> we need at john hancock moment for house democrats. quit hiding below nancy pelosi. if you think the president did something wrong in this phone call then vote to open up an article of impeachment inquiry and a lot of house democrats won't because they are afraid of. >> if the committee decides to approve articles of impeachment, then all it takes is to the senate. >> in the senate is controlled by republicans? >> that will be one of the big questions going forward, it's not even by that simple majority
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that the house has. the senate requires two-thirds or 67 votes to convict and remove someone whether it be the president or a federal official from office. only two presidents in the history of the u.s. have been impeached. andrew johnson as well as bill clinton but both johnson and clinton were acquitted in their impeachment trials and held in the senate. >> shepard: mike meredith live in washington. the saudi crown prince calling the murder of jamal khashoggi heinous but saying it's not his fault even though the central intelligence agency and other intelligence agencies concluded that the evidence suggests the prince was the mastermind. in fact, that he may have ordered the murder. a live report from the state department, next. safer. and that can lower your cost now that you know the truth... are you in good hands?
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>> shepard: an explosion on an oil tanker sending a mushroom crop, cut cloud the air. at least ten people were hurt and one critically over a south korean port over the weekend. you can see the fireball narrowly missing cars crossing a nearby blue bridge. the fire official tells reuters that everybody on both ships were rescued of. no word yet on what sparked the explosion. the crown prince of saudi arabia says he takes responsibility for the word murder "the washington post" columnist tomoko shoji but claims he was not behind it. this goes against what the cia and other intelligence committee is reportedly uncovered a comment that he did order the killing. >> the world wants the answer to this question. how did you not know about this operation? >> translator: some people think i should know what 3 million people working for the saudi government to do daily. it's impossible that they would
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send their reports to the leader or the second-highest person. >> shepard: officials have charged 11 people in connection with his death but they were put on trial in secret and nobody has been convicted. it's been nearly a year now since i hit squad it linked to the saudi arabian government killed and dismembered jamal khashoggi. investigators have never found his body. rich edson reporting live from the state department. >> some congressional democrats and republicans say the murder of jamal khashoggi has that changed the relationship between the united states and saudi arabia. well, they alliance remained strong. >> translator: the relationship is much larger than that. it's a heinous measurement and painful to all of us. our role is to work day and night to overcome this and to make sure our future is much better than anything that happened the past.
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>> secretary of state mike pompeo wrote in "the wall street journal" a year ago that while the united states does not condone the murder of jamal khashoggi, saudi arabia remains a vital ally and middle east partner. the top democrat in the senate foreign relations committee has written in "the washington post" today "the saudi should have known that murdering a u.s. resident and journalist would try to trigger a fundamental re-examination of the way americans think about the house of saud. regrettably, we should have known president trump would find a way to use this tragedy to further forfeit our nation's status as a champion of value such as human rights in press freedom. congress has pushed efforts to block arms sails to saudi arab saudi arabia. speak with but the turkish president says the investigation should continue? >> he does. he wrote "no other event since 9/11 has posed such a serious threat to the international order or challenge the conventions of the world has come to take for granted.
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"that one year on, the international committee knows very little of what happened babe remains a serious concern. he also writes the assassination was a blatant abuse of diplomatic community. he also said they have more journalists in jail than any other country. >> shepard: hong kong police say the city is on the verge of extreme danger, and violence could break out as china celebrates its 70th birthday. the pro-democracy demonstrations have persisted now for months. with protesters pushing back against beijing's authority. protesters flared up yesterday with people setting fires and throwing molotov cocktails into the street. greg palkot reporting live from hong kong. greg? >> reporter: real trouble is expected here on tuesday to coincide with that chinese anniversary. there was bad violence over the weekend. as for monday night, determination was on display. take a look at what we saw and
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what we heard. >> on the eve of china's national day, these young people are forming a human chain along the hong kong arbor front. their message, "fight for freedom, stand with pain," >> this is my home. >> this is your home. >> on sunday, we were right in the middle of it as pro-democracy protesters clashed with police and they hurled at gas bombs and rocks. police responded with tear gas and rubber bullets. in the midst of all this we saw some u.s. flags and symbols of freedom that these folks are fighting for. organizers are calling for the locals to take to the streets on tuesday the police are warning of hard-core violence, and their words, one step closer to terrorism. and, the chinese president talked a bright future for hong kong. a special character for china but with a huge military plant in the in the capital, the last
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thing he wants to see is chaos here. just behind us here is the hong kong convention center and just a couple of hours, it will be the scene of an indoor super secure ceremony marking the anniversary. these roads are already closed off in the streets are open. >> shepard: i hit it a jailbreak in ohio. we will tell you where four inmates described as extremely dangerous turned up after an intense manhunt. . ♪ liberty, liberty, liberty, liberty ♪ this is the family who wanted to connect... to go where they could explore and experience adventure in unexpected places... ♪ who were inspired by different cultures ♪
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va mortgage rates have dropped to near record lows. the newday team is working overtime so every veteran can save $2000 a year. >> shepard: at bottom of the hour, time for the top of the news headlines. i'm a doctor could go to prison for lying and prescribing thousands of painkillers but the doctor argues he was just trying to help his patients. the driver who drove into a mall and targeted total strangers is charged with terrorism. investigators say the suspect carefully planned and researched before the rampage. and worried that casey anthony
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wants to try again. the woman a jury acquitted of killing her daughter wants another baby and soon. i manhunt for four inmates described as extremely dangerous for for sheriff's officials coming to an end in north carolina. we've been following this story all day. cops say they caught a fourth and final escapee in durham a few hundred miles from where they escaped. it all started at a jail in southern ohio. a sheriff they are says the four inmates overpowered two guards yesterday morning early using a homemade weapon. now we are learning one of them had already escaped before this. mike tobin is live in our midwest newsroom. >> reporter: shepard to come, police didn't think lawrence lee had a lot of resources when his fellow escapees were rounded up in cary, north carolina. iin the end, lawrence lee only made it an additional 18 miles in 12 hours after he was separated from the rest of the crew. he was taken back to carrie and the other four need to be
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extradited from ohio but the investigation does not end with the arrest. >> are detectives have established that the inmates had the assistance from escaping from at least one individual on the outside. >> the four of them overpowered a couple of female corrections officers in the jail with a makeshift knife. one of them according to police had escaped before the deck sheriff complained that the 22 bed facility is 50 years old and understaffed. the staff were underpaid and in fact on that day, two of them had called in sick. >> shepard: and sheriff's officials think somebody else helped them? >> that's because there was a car waiting for them. initially, they stole the keys of correctional officer and took that car. but they only went a few blocks to wear a car was waiting for them. that's the cor car they drove to pennsylvania and then they got to north carolina. >> shepard: a man who police
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say drove an suv into a mall in a chicago suburb is now charged with terrorism. prosecutors say he did research before the attack. we reported on this when it happened last month, in schaumburg, illinois. 20 miles or so northwest of downtown chicago. the suspect ram to the suv into the mall and drove more than halfway through the building for the vehicle got stuck. in the days leading up to this, the suspect did more than 120 internet searches about the mall including stores inside and street and aerial views. no one was seriously hurt but the scene made people hysterical, that's a quote. the suspect's attorney told the "chicago sun-times" that the terror charge was a little aggressive because nobody was targeted. the judge denied the request for bail calling him a danger to the community. and casey anthony is considering having another baby, eight years after a jury acquitted her of murder in the death of her
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2-year-old daughter, caylee. "people" magazine reports that casey anthony is now 33 years old and it "feels like her biological clock is ticking." she's been leading a relatively quiet life in south florida since her child gripped the nathan. nation. >> the orlando mom dubbed it the most hated mom in america still pretty much living in hiding. no job, rarely seen in public and minimal dating as far as we know. reportedly she is now reassessing her life and considering having another baby. according to the unnamed friend voted a "people" magazine, the now 33-year-old is worried about her future. "she knows she's getting older, she is not the young girl who everyone saw on trial. she's in her 30s wondering what to do next and hoping she could find some meaning in her life. casey anthony's six-week trial which was intensely televised stay in and day out stunned most
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of the country when the jury announced it found her not guilty of first-degree murder, aggravated child abuse and aggravated manslaughter of a child. prosecutors alleged at the time that casey anthony drugged and killed her 2-year-old daughter because she was getting in the way of her partying and made up a story about the nanny kidnapping caylee. radar online posted a photo of her online this summer having a drink at a bar. two years ago an associated press reporter covering one of the first anti-trump marches on mar-a-lago right after he was inaugurated spotted casey anthony amongst all the people marching, and that's been her one and only interview since her acquittal. >> shepard: thank you very much. a doctor in virginia facing life in prison after illegally prescribing thousands of opioids and pocketing nearly $700,000 in the process. in may, a judge convicted the
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doctor of more than 800 counts of illegally prescribing drugs. in court, a woman described as the doctor's operation as a pill mill where people could get drugs without physical exams or medical records. the doctor admitted writing prescriptions for people he never even met but argued some patients deceived him. sentencing is set to begin on wednesday. trace gallagher with the rest. >> reporter: this numbers are astounding. dr. joel smothers prescribed more than a half million doses of opioids. court documents say the patients would come from five states to get their drugs and somewhat drive up to 16 hours. prosecutors say dr. smathers who was the father of five was working out of an office that didn't even have basic medical supplies. he had a receptionist that lived out of a back room and patients who slept outside and use the parking lot as a bathroom. patients testify they were giving prescriptions for opioids without any physical exam at
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all, and because dr. smithers didn't accept insurance, he took in well over a half-million dollars in cash and credit card payments. when local pharmacies started refusing to fill his prescriptions, he would send patients to pharmacies in other states. smithers says that he reluctantly began treating these people and his initial goal was to wean them off of these high doses of drugs. >> shepard: and now the department of justice is paying attention to this? >> in fact breaking today will in the health care fraud unit within the justice department has charged more than 105 medical professionals with illegal distribution of opioids. these 105 suspects are accused of giving out 50 million pills. we are talking about nurses, therapists and 11 more doctors arrested in west virginia. 58 of the arrests happened in texas alone and at the number of people charge so far this year is more than double the number charged over the past two years
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combined. the feds, because this has become a multibillion-dollar industry, that's where the problem comes in. this, by the way, they believe is just the tip of the iceberg. it's important to reiterate them or at than 400,000 americans have died from opioid overdose in the past 19 years. >> shepard: thank you. another major retailer of filing for bankruptcy protection and plan to shut down many stores. we are live from times square outside of one of them. plus we will head to neil cavuto's brand-new home and talk about the huge changes that have just happened at our sister network, fox business. ♪ >> vo: my car is my after-work decompression zone.
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>> shepard: a fox business alert. forever 21 may not last forever after all, at least not in its current form. the clothing company filed for bankruptcy protection enclosed a bunch of stores or announced that they well. executives have not announced how many locations exactly but they say the company has $1 billion in liabilities. we are live outside of forever 21 in times square. i know they are shutting down operations in like 40 countries or something? >> you could see almost over 300 stores around the globe close their doors. i'm standing in a massive one,
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it's four stories and over 90,000 square feet. if it's open until 2:00 in the morning and they have a live dj. i asked the company if they would be closing or downsizing and they haven't said which yet but they said they could close up to 178 stores in the united states alone. they are losing on average with u.s. and canada and european stores, $10,000 per month and they don't have a lot of cash on hand either which is why they filed for bankruptcy. i reached out to some shoppers and ask them how they felt about the bankruptcy and forever 21. listen to what they had to say. >> i'm really not surprised, all their stuff is really cheap and they don't have good sales. >> it's really shocking me. i thought it was like a big store and it was like everybody liked the close. it's really shocking. >> this is a privately owned corporation so a little different. they have said that they are
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going to be closing stores and it shows the change of the retail landscape. the reason forever 21 is closing is because they have expanded so quickly and have a presence in malls. they've seen deteriorating foot traffic in malls but they have bankruptcies across the board. even barney's filed for bankruptcy in 2019. so the retail landscape is changing, consumer preferences are changing. but forever 21 is saying, don't worry. they are still in business, you can still use the gift cards and they will still keep stores open in the united states. >> shepard: it's a whole new day here at the fox media corner of the world. if you have watched our sister network fox business network today, you have noticed, some huge changes. our sister network getting ahead to total refresh and a new mission to be invested in you. and that means a shiny new
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studio for neil cavuto. they probablhe does everything n taking the trash out. it looks amazing. tell us about what the thought behind it was? >> a lot of it was just to spruce out. they asked if we could just take the clutter away, is there a way to simplify things. over the years we collect these notes, most of them from my wife saying, did you try a different type? we incorporated them all. i even asked crew members who work with you. and it's not nearly as cool as your studio but, can he draw, commodity futures in a minute? they said no. >> shepard: it feels like the rest of the bigger brand from our digital brand across this brand, and i understand that fox business is going not so
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much for the people who are working on wall street but the people affected by it all. >> neil: you hit the nail on the head. it's been my goal from the beginning, and i worked at cnbc and nbc before coming here and one of those things was there was a goal, make sure that brokers like to hear you. i always say what to my wife think and they average folks think because it's good to have that crowd of ceos and investors and they are wonderful people come up they are just fewer of them. so we thought we would reach out to more people. you have a gift for explaining complicated matters simply and clearly and it's incumbent upon us to do essentially the same. there is a jargon among journalists to sound like the smartest kid in the class and we value just speaking english and trying to keep it to that. if any jargon or acronyms can kick in with punish people mightily and to force them to eat vegetables. so we aren't going to do that. we will try to keep a clear and simple and have fun doing it and
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if we can do that, we are home. >> shepard: i'm looking forward to the next hour on fox news channel because you have a big guest. >> neil: we do, we have mark cuban on, he's been a very big critic of president trump and they've established a friendship sentence but he's increasingly convinced right now that things don't look good for his reelection. it is just his opinion. leon panetta will also join us, he was bill clinton's chief of staff during the last big impeachment process. one that wall street didn't want to see and that something that we will explore because, whether republican or democrat, these guys have always said they love money. they just love it. they love making it and they don't care whether it's lucifer or in the white house. they just want more money. that's why bill clinton in large part survived that some in 20 years ago. >> shepard: the economy was rolling back then. neil, we will see you in 10 minutes. and we will be watching you on fox business. >> neil: in the new studio. >> shepard: it yes in the cool
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new studio. coming up, a first for college sports. the new plan to let athletes hire agents and cash in on their fame. musica♪ so they'll only pay for what they need. your turn to keep watch, limu. wake me up if you see anything. [ snoring ] [ loud squawking and siren blaring ] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪
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>> shepard: breaking news. rudy giuliani, the president's lawyer, personal lawyer and former mayor of new york city, has been subpoenaed for documents. ukraine documents, as the next step in the impeachment investigation. according to some reading of the subpoena, it says giuliani admitted on national television that while serving as the president's personal attorney, he asked the government you ukraine to target former vice president joe biden. "in addition to this stark admission, you stated more recently that you were in possession of evidence in the form of text messages, phone records and other communications indicating that you are not
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acting alone and that other trump administration officials may have been involved in this scheme." that from the chairman, writing to rudy giuliani. they promised subpoena for documents rudy giuliani has not happened. more on this in the afternoon and of course tonight on "special report" with bret baier. in the not-too-distant future you might see college athletes and commercials sipping soft drinks, rocking the latest sneakers, because a new california law allows college athletes at public and private universities in the state to make money off endorsements. just like the pros do. california's democratic governor gavin newsom signed a first of its kind bill saying it's time to have the interests of the athletes on par with the interests of the institution. this new rule is set to take effect in the year 2023. course there will likely be legal challenges. the move goes against the ncaa,
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the top governing body for college athletics which has long opposed to paying its athletes. william la jeunesse reporting live from the west coast newsroom. >> governor newsome said it's part of its motivation to get the ncaa to act on the compensation issue which is been sitting on for more than a decade. the new law allows college athletes to sell their name, image, or likeness to the highest bidder. shoe companies, tv commercials. space on their instagram account. either you the university know the ncaa can stop them. >> it's going to change college sports for the better by having now the interests, finally, of the athletes on pair with the interests of the institution. we are rebalancing the power. >> until now, college athletes could not monetize their talent while in school. supporters say it allows them to obtain spending money that scholarships don't cover. >> shepard: the ncaa is making
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the point that because of this, california schools have a bit of an advantage over everybody els else. >> for the time being, you could say that's true, giving top recruits financial incentive to go to california. the ncaa says are not going to let it happen. they will go to court or ban the school from competing in championships. the other eight schools in four states in the pac-12, they oppose this. lawmakers and five other states have promised copycat legislation in the coming weeks. experts say the likely result is the ncaa or congress coming up with solutions. >> i think this is a pandora's box that is now been opened that the ncaa is going to have to react to. the ncaa is a concern from their perspective i believe of maintaining this competitive balance, like a level playing field for all those who participate in collegiate sport sports. >> doesn't take effect as you said until 2023 but in recruiting, that's not a long time.
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these schools are in a tough spot. either they follow state law and violate the ncaa rules or vice versa. something is going to have to give. >> shepard: william la jeunesse live in los angeles. after our reporting here will have fox news update on facebook watch. it is a minute long newscast online with unique content that streamlines -- streams live. you will begin a few minutes. once it's concluded, it's available anytime on demand. this newscast is a partnership that fox news has with facebook watch. fox news a solar responsible for its content and its production. okay, the final bell will ring shortly on wall street. the dow having a pretty good day. it's been up about half a point for much of the day, now up 126 tics. most of the dow 30 are now in the green. "your world" with neil cavuto is coming up in just a moment on fox news channel.
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♪ >> neil: welcome, everyone. glad to have you. i'm neil cavuto. glad to have you as we show off our brand-new look. even as we report the impeachment fight, we are on that. forget about how long it drags out. what's remarkable is how quickly it's moving forward. we've got you covered with a guy who's been there and done that when he was guiding bill clinton through the last impeachment. that's right. but former president's chief of staff, leon panetta is here and so is billionaire mark cuban. why he says president trump might have dodged a controversy in the past b
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