tv America Reports FOX News June 3, 2022 10:00am-12:00pm PDT
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quesdadilla. and kayleigh is speaking in texas tomorrow, catch the speech live and oh demand on fox nation. >> very excited about it. these young women are the most impressive women in the country, i've done this for years and yeah, the best. our next leaders. charlie, you do an amazing job every year. >> as day, thanks to everyone for watching now here is "america reports." >> emily, thank you so much, hope you have a great weekend. los angeles county district attorney george gascon, another blow to his far left agenda. california appeals court rules he must enforce a law to could land repeat offenders behind bars for lengthy prison sentences, as gascon fights for his political life amid a second recall to oust him from office. >> critics blaming his progressive policies for an uptick in violent crime and other far left politicians are getting slammed for a lax
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approach to crime which critics say is a culture of lawlessness. we will be joined with thoughts. >> john: brand-new numbers, a pulse on the u.s. economy. latest jobs report beating expectations, but still head winds from the highest inflation in four decades and record high gas prices. welcome to you today. >> anita: happy friday to you, the u.s. economy adding 390,000 jobs for the month of may one employment rate of 3.6%. number of job openings remains near record highs, 11.4 million positions going unfilled. >> john: gas prices keep climbing, more expensive to top off the tank. national average for a gallon of gas increasing another $0.05 overnight to 4.76.
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up $0.17 from a week ago, and 1.72 higher than last year. president biden speaking on the may jobs report and acknowledging the toll inflation is taking on american families. the president putting the onous on congress. >> anita: karl rove in a moment, but first white house correspondent peter doocy live from the north lawn. a bit of a mixed bag today. >> peter: and officials insist the president's economic plans are working but from delaware the president himself said he, we may not be seeing many economic reports that beat expectations like today for long. >> we aren't likely to see the blockbuster jobs month over month like the past year.
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that's a good thing. that's a sign of a healthy economy, with steady growth. >> peter: president biden says inflation is the number one domestic priority while admitting nothing he can do to bring prices down quickly for anything, including gas. but he may head to the middle east to ask saudi arabia for help with that this month. >> there is a possibility that i would be going to meet with both the israelis and some arab countries, including i expect would be saudi arabia included in that if i did go. but i have no direct plans at the moment. >> something the president apparently does not really have any patience for is a warning about the economy from the world's richest man. >> elon musk has said he has a super bad feeling with the u.s. economy. >> let me tell you, elon musk is talking about that, ford is increasing their investment overwhelmingly. so, you know, lots of luck on
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his trip to the moon. >> and he tweeted thanks mr. president and attached a link from nasa reminding the president that the federal government has hired musk company, spacex, to go to the moon, anita. >> anita: peter, thank you. >> john: karl rove, former white house chief of staff and fox news contributor. what the president said a moment ago in peter doocy's fine report, no more blockbuster jobs reports but that's a good thing. what do you say? >> well, it would show that the economy is slowing down and that the federal reserve raising interest rates is beginning to put a damper on things, and it's unfortunate we are in this place. if the president had listened to even members are his own party in february and march of 2021 and had not pressed for the american rescue plan with
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1.9 trillion of additional spending maybe we would not be in the place with a lackluster, somewhat smaller jobs report but hidden in the numbers was something painful, the gap between wages and inflation is continuing to grow. gig between wages and inflation, inflation galloping ahead. americans are working harder and falling further behind. >> john: i'm sensing there has to be a whiteboard in here somewhere with some statistics. am i right? >> you are right. this is why the president's numbers are in the tank. overall approval, 54% disapprove of his job, 60% disapprove of his handling of the economy, 68% disapprove of his handling of inflation and only 19% think his policies have improved the economy, while 59% say his policies have actually made conditions worse. that ain't a good ratio, nearly
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3-1 between the people who think he's doing a bad job and those worse versus making it better. >> john: steve forbes was on earlier today saying that, or sorry, steve moore on saying that the broader economic numbers are all pointing the wrong way, that eventually inflation will catch up with job creation, and then elon musk said he had a super bad feeling with the economy wants to cut the tesla workforce by 10%. >> yeah, and gallup index, the lowest since the great recession in 2009. so, we are back where the american economy, the people who make things go, small business people, entrepreneurs, they are getting nervous, so are consumers. jamie diamond said consumers
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have 6 to 9 months worth of savings to spend but after that they are out, and that's pointing to a bad thing. this goes back to what the president did when he came into office, whether it is inflation, whether it is energy prices, it's the things he did when he came into office that caused this problem to grow and what's his answer? we saw it earlier, you referred to it. let's have the green energy subsidies he had in build back better. $570 billion worth of additional spending over the next ten years approximately a quarter the size of his american rescue plan and that's not the only spending that he wants to do. he has not yet gotten the message. inflation comes from having too many dollars chasing too few goods. he needs to focus on the supply side and stop spending our money increasing the inflation rate by depreciating the currency. >> john: the president wants congress to pass clean energy legislation. meantime, the president may be going to saudi arabia hat in hand to ask for more oil. why doesn't he look for more oil
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right here? >> well, look, this is kabuki, political theater. you are not going to be able to solve energy prices but asking the saudis to turn on the spigot more. energy does not exactly work that way. yes, they can increase production marginally, but it took us a year and a half to get where we are by the administration taking virtually every step they could think of to reduce the amount of exploration for oil and gas in america. our production is less today than 2 or 3 years ago, and it's going to take some time to get out of there. there are not a lot of spigots around that you can just turn and have energy magically show up. >> karl, good to get your thoughts on all this. do us a favor, stick around for a few minutes, we have some more news we want you to react to. anita. >> anita: fox news alert now, d.o.j. indicting former trump adviser peter navarro on two counts of contempt, defied a
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subpoena issued by the january 6th committee. chad pergram is on capitol hill. so, chad, what are we learning about this indictment? >> chad: navarro is charged with as you say two counts of contempt of congress. he did not comply with a subpoena to testify before the committee investigating last year's riot. navarro appears in federal court later today. >> if i were to go to prison for a year, which is what the contempt charge could do to me, that would be about a fourth of my remaining life and a fine would take a significant portion of my retirement savings. i'm taking this very seriously but some important principles at stake here. >> navarro, the second figure prosecuted by d.o.j. in connection with defying a company by the 1/6 committee. steve bannon faces trial next month on contempt charges, and
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mark meadows has not faced prosecution. navarro claimed executive privilege since he worked t he white house, filed a lawsuit against the house. >> my problem is, i'm in this untenable position. based on my read of the case law, executive privilege, what's at stake there is the future of -- >> chad: in 2008, held josh bolton and white house counsel harriet miers in contempt of congress after they refused to testify. a federal judge ruled they were not exempt from congressional subpoenas. a big round of hearings next thursday night. detail what led to the riot and efforts to overturn the election. >> anita: thanks for that late breaking development. thanks, chad. john. >> john: karl rove for thoughts on this, compare it to the
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harriet miers and josh bolten case, the judge ruled they did not have the protection of executive privilege. navarro follows that of steve bannon. covered by the same set of rules meyers and bolten were covered by, do not enjoy executive privilege? >> steve bannon is drawn to congress, subpoenaed to congress to talk about things well after he left the white house staff. so yes, he doesn't have executive privilege. navarro is making an argument that he does, if the bolten and meyers standard is applied he doesn't. i have some personal experience with this. because i was threatened with a contempt citation if i did not reply to a subpoena from congress regarding the u.s. attorneys appointments in second bush term and there were negotiations between white house lawyers under bush and under obama and with the congressional
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officials who were in charge of this to arrive at an understanding of what i could come forward and talk about that was not what i told the president but what i had conversations with others in the administration. so the executive privilege was protected by basically walling off any conversations i may or may not have had with the president, but still having me come and appear before a congressional committee for an entire day to talk about frankly lunatic accusations that i was easily able to dispose of. but this is a thorny issue and navarro has an opportunity, he has a right to go to court to say i'm not covered by it but my gut tells me after particularly after the finding in bolten and miers -- >> john: do you think navarro
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could potentially face jail time? >> it depends. if at the end of the day they say look, you have to come forward and talk about things that you were talking about with outside individuals, you know, there may be a gray area that he's protected on and things he may have said to the president or the president said to him, but if their focus is on what can you say to, say, professor eastman or rudy giuliani or mitchell or sydney powell, then he better be forthcoming with them. otherwise he will end up in jail. but he has a right, let him take the indication to court. i hope it's adjudicated quickly for everybody's sake. my sense is given what was said in harriet miers and bolten cases, he cannot say i was at the white house therefore i'm not going to respond to anything in the subpoena. >> john: it's a contempt of
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congress charge yet took him into custody and marched him into court. >> steve bannon? >> john: no, navarro. >> congress has a right to try and force its subpoena and what happened, the department of justice said you know what, you are not even attempting to cooperate with us, not even trying to find a solution that is amenable to both sides so we are going to play tough with you. yeah, i mean -- the department of justice, it's not congress that's making that decision, it's the department of justice, and one thing i learned in my time at the white house is if the department of justice is coming after you, you better have the ability to talk to them and you shouldn't just simply take the attitude bannon and navarro have, which is get lost, they have the ability to enforce their actions. >> john: they do. we'll keep watching this and see where it goes. karl as always, thank you and have a great weekend. with title 42 still in place, thousands of migrants waiting in
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mexican shelters. griff jenkins will give us an exclusive inside look at some of the overcrowded conditions they are living in. >> anita: president biden calling for a ban on assault weapons last night. democrats hoping gun control will help them win tough re-election races, but will it matter with the economy in crisis. senior columnist for the national journal joins us next. >> for god sake, how much more carnage are we willing to accept? how many more innocent american lives must be taken before we say enough. miss allen over there isn't checking lesson plans. she's getting graded on her green investments with merrill. a-plus. still got it. (whistle blows) your money never stops working for you with merrill, a bank of america company. welcome to the next level. your money never stops working for you with merrill, this is the lexus nx with intuitive tech... (beeps) car: watch for traffic
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push for strict gun control legislation. vulnerable democrats in tough re-election races think it will be a winning issue in the midterms. ah, but will it be. josh joins us on that in just minutes. but first, thousands of migrants desperately waiting in mexican shelters for the chance to cross the border into the united states. a new internal document reportedly reveals at least 8,000 migrants have attempted to make the trek each day. griff jenkins in a shelter in mexico. what are you seeing? >> good afternoon, john. i'm outside the path of life shelter just across from mcallen, it's a scorching hot day but still migrants line up trying to get into the overcrowded shelter. a little look around, you can see outside the shelter there are some makeshift tents because people cannot get space inside,
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and you can see migrants trying to beat the heat by gathering under a small tree, and a fire burning trash, some vendors trying to make a buck selling cold water. exclusive look fox news got looking inside. 1500 migrants, the shelter is only built for 1200 and that's why the pastor there, hector silva, says he is out of the space and he wants all these migrants to try and not rush up to the mexican border towns. from haiti, cuban, guatemala, el salvador, and ukraine, and even met some from russia. >> john: we seem to be having a problem with griff's signal but you can see the tent city across the border from the united states and how jam packed people are in there and we talk about the heat this time of year, triple digit temperatures are not unusual.
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we'll try to reestablish and bring him back as soon as we get that. anita. >> anita: john, president biden urging congress to act on banning assault weapons as democrats up for re-election signal they would like to make gun control a signature issue with the midterms. with the economy sputtering, will the move pay off with voters? let's bring in josh, a senior columnist for the national journal. great to have you here in person. >> great to be here, anita. >> anita: i'm sure you saw the president's speech last night. one of the things he said in the speech is the second amendment is not an absolute. your reaction on that and the whole speech. >> yeah, i was surprised there was a lot of red meat in that speech to the president's base. there was some discussions in the senate between liberal democratic senator chris murphy, texas republican senator john cornyn on small scale things,
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red flag laws, mental health, that speech talked about the assault weapons ban, it's not a speech that wants to cut a deal, but looking ahead to the midterms and politicize the issue, if you will, and i don't know if it's going to work but certainly one that they are looking about the politics more than the policies. >> did not sound like he was heading into a compromise there. >> john: how much is trying to develop new policy to prevent mass shootings of the future and how much is just raw politics aimed toward the midterm elections. a congressman laid it out said we are going to nuke the filibuster and expand the supreme court if we don't get our way. >> if the filibuster obstructs us, we will abolish it. if the supreme court objects we will expand it and not rest until we have taken weapons of war out of circulation in our communities. >> that is not we want to work together, that's basically us against you. >> that's what the house democrats are doing, not trying
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to pass legislation, but message for political reasons. now, the challenge for democrats, though, they are expecting to get a really tough midterm election in november, and this may be the best opportunity house or senate democrats have to pass anything. and that's why senator murphy and there are some democratic senators that want to do something, very small scale legislation, but the house democrats, the leadership nancy pelosi on down, don't believe it's possible. president biden does not think it's possible. odds of anything get passed very low now, it's a political fight heading to the midterms. an -- >> anita: he talked with meeting with the shooting victim' families in buffalo and texas. >> we spent hours with hundreds of families members who are broken whose lives will never be the same. they had one message for all of
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us. do something. just do something. for god sake, do something. >> anita: part of what he talked about wanting congress to do he mentioned a couple of things. he mentioned background checks, he mentioned a ban on assault weapons and high capacity magazines, safe storage laws, probably get support for some things in congress. >> some ideas in the speech like raising the age, an 18 to 21 to buy a gun. i don't think it would pass congress but at least public support for something like that. the assault weapons ban, is basically red meat, not only energizes the democratic base but turns off republicans. not a single republican in the senate would vote for an assault weapons ban. a lot of politics to it. i thought biden would want to cut a deal, where he would lay off some of the more controversial polarizing proposals, put some stuff in there that would not pass, but to talk about the second
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amendment he did, an assault weapons ban, this is political, i think it was a sign they don't think they can get anything. >> john: even among democrats on the protect our children act, some are urging nancy pelosi, look, a big omnibus bill, break it into smaller chunks we think we might be able to pass one chunk here, maybe one defeated but pass another chunk here, nancy pelosi is saying no, no, no, we are putting the whole thing up for a vote next week. >> and the one that represents where sandy hook took place, he is calling for the assault weapons ban, it's not the time what i want but to scale it back and see what we can get passed. i don't think he has allies with nancy pelosi in the house and president biden from the speech. there is a glimmer of hope in the senate but looked like president biden wiped out the hope and speaker pelosi has not
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given much optimism a deal can be struck either. >> anita: we will follow the issue closely. great to see you in person, josh. >> john: thanks for coming in, have a dip in the pool. day 100 for the putin war in ukraine, and now controlling 20% of the country. can ukraine take any of that back and where is this warheaded? general jack keane joins us on that next. >> anita: gas prices hitting record highs and expected to go even higher. president biden not ruling out a trip to saudi arabia, a country he vowed to treat as a pariah, but would saudi oil help lower costs. >> i had to turn down jobs and making just enough to cover the gas money essentially. >> to get to school and home every day, 150 a week. >> everyone is hurting right now, including myself. it's a bummer.
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>> anita: today marks 100 days of war in ukraine and while ukraine has fought back longer than expected, russian forces are gaining ground in ukraine's eastern donbas region. fox team coverage, general jack keane joining us in just a moment but first, trey yingst is live in kyiv, ukraine. what's the latest there? >> anita, good afternoon. day 100 of the war in ukraine and fighting rages on, with the russians determined to take the eastern part of this country, the death toll is rising. stories of the civilians and soldiers paying the ultimate price. watches as grave diggers bury her mother. she died in a village previously controlled by the russians. it's taken months to coordinate a proper good-bye. mom died. no ambulance, no police could get there, she says.
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she died without any diagnosis. with the war raging in the east, ukrainian soldiers are fighting to make sure other innocent civilians never have to live or die under russian occupation. though in doing so, some of them are also paying the ultimate price. killed last week during intense battles outside the city of kharkiv. his friends and family gathered in kyiv to pay their respects. he was always smiling, saying this is our job, fellow soldier says. they served in the same unit. he was there the day andre was killed on the front lines. that's why the world needs to understand, there are no human beings on that side, vitali explains, no human beings there. there's a lot going on in the world right now, but 100 days in this story remains critically important. there are not only millions of civilians at risk as we speak,
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but also the broader security stability of europe remains on the line. anita. >> anita: it is hard to believe it has been 100 days. thank you so much for your great reporting on the ground. john. >> john: for more on this, general jack keane. and russia is making slow progress in donbas, but it is making progress. it's moving to capture some cities, but it's unclear if it gets control of those two cities how much more progress it can make. >> yeah, you are absolutely right. they have been grinding the ukrainians down using the advantage they have in artillery, they have more of it and some outrages the ukrainian's artillery, and the best killer of artillery is the artillery itself and air power, and it has taken the toll on the ukrainians. all that said in a city, they
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have made a wise tactical decision, ukrainians, and not to fight to the last person and moved out some selected portions to preserve them so they can go on the offense, but i think the russians, john, they have thrown everything at this. stopped other offenses to pour as much troops as they can into this offense in the two cities you just mentioned. and as a result of that, we think they are going to need an operational pause to refit because they cobbled together the units to do it and they have taken a severe amount of casualties in prosecuting this offense, and as you know and you reported on it, they got across a major river to go into the donetsk region in the west, the portion they have not been attacking and they are notoriously incompetent at crossing rivers and protecting their forces in doing it.
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so, that's where they are going to go next for sure, but i think it will take some time before they wrap up maybe another week or so and an operational pause and then on to see if they can take the rest of the donbas. meanwhile, ukrainians are going to fight back and also going to go on the offense, at least in a limited way to take some territory back from the russians. >> john: the last time the russians tried to cross the river, an entire battalion was decimated. basically a turkey shoot that day on the part of the ukrainian military. reading the latest analysis for the study of war, suggested poor moral and poor mobilization among russian forces reasons they are bogged down again and may not be able to move much further than the luhansk region. >> yeah, i mean -- that's something that has plagued them from the outset. their ground forces, in other words, maneuver forces really
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have the responsibility of the close battle with their ukrainian opponents, those ground forces, both infantry and armor are poorly led, poorly trained and they have low morale they are not cohesive organizations where there is a sense of trust in each other and also a trust in your leaders. that's not what they have. in many cases, they are broken. so, that adds to the poor performance and also to the casualty rates. if you can't perform properly, you are going to take more casualties. >> john: just about a minute left, ask you about this. the u.s. is moving sophisticated missile systems into ukraine. biden seems to have a goal of forcing putin to come to the negotiating table, which brings to mind two questions. will that strategy work and what would a negotiated settlement look like. >> i think what we should be doing is pursuing zelenskyy's goal, to drive the russian's off his territory, not to go to a
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negotiating table. that's zelenskyy's decision, as far as i'm concerned and we were supporting his objective, original biden policy to get him to the table and not provoke putin, to help defeat the russians in ukraine and return ukraine to the sovereign state. and the french and germans are up to this as well. this is what putin expects. refers to it as ukrainian fatigue, the west will get tired and want to negotiate regardless of the expense to the ukrainians and people and the french and the german are about that as we speak in talking to putin, that's what they want to do, certainly that's not what zelenskyy wants to do. >> john: putin thinks he can outlast everybody, we'll see. general jack keane, good to get
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your take on things. appreciate it. >> great talking to you, john. >> anita: a big loss for far left los angeles d.a. prosecutor george gascon. why a court ruled he is overstating his authority. >> john: platinum jubilee celebrations in full swing in the u.k. queen herself was not there but the party was still on. ♪♪♪ when it comes to preserving our wealth, we never have complete control. not really. we can't control inflation, we can't control government debt, we can't control a declining dollar... i could go on. but buying gold and silver from rosland capital... is a way to help take control. rosland capital - a trusted leader in helping people acquire precious metals. gold bullion, lady liberty gold and silver proofs,
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roles, but the queen was not there to greet them. she skipped the events after feeling some discomfort during yesterday's trouping the color parade. the mood is interesting, greg, and the reception for harry and meghan, interesting as well. >> the mood was a little more subdued than the pomp and pageantry, marking the platinum jubilee, a whole lot of meaning and yes, soap opera. filling in for the resting queen at st. paul's cathedral, her heirs. prince charles and prince william. the queen was compared to an enduring race horse. she loves race horses, added she is still in the saddle. and back in the public eye attending the service, prince harry and meghan. it's been reported they got some
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jeers when they arrived, but i heard cheers, too, and a whole lot of bells. inside, charles and william kept well apart, and harry and company on the other side. u.k. prime minister boris i don't know son, several past prime ministers. remember, they all took orders from the u.k. head of state, her majesty. she has seen 14 prime ministers and seen 13 u.s. presidents. finally, john, according to just about every newspaper i picked up today here in london, the star of yesterday aside from the queen was william and kate's youngest, expressive 4-year-old louie. i think we can agree on this, he and his 96-year-old great grandmother seemed to get along swimmingly on the balcony. a horse race, got confirmation
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the queen will pass on attending that as well, and a pop concert in front of pucking ham palace. a pageant, parade, passing by buckingham palace. it's a good, good bet we will see the queen for that. the wrap-up of this four-day celebration back to you. >> john: it's a shame she's missing so much of it but after getting covid she was knocked sideways. at least she's making some of it. greg, thank you so much. appreciate it. you saw them coming out of st. paul's, meghan and harry, and at least one person and kind of reminded of the witch in "the princess bride," and somebody said it. >> known for having a stiff upper lip but not today, john. >> sandra: i guess it was not a witch, just an old woman. >> anita: still, all the same. >> john: and princess buttercup. >> anita: the star of the show
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is prince louie, for sure. who is cuter than him. >> john: not many people. he could be the next king. >> anita: he could be, he could be. >> john: maybe not the next, but could be king one day. >> anita: he's in line. gas prices are spiralling out of control and expected to get word. president biden says it's possible he'll visit the middle east, including saudi arabia. but will saudi oil help with cost and just how high will gas prices go? bill flynn joins us next on that. >> john: lebron james says he has reached his biggest milestone, but it's not on the court. how much does china have to do with it? weighing in on that coming up. ♪♪♪ to stop, it's dr. scholl's time. our custom fit orthotics use foot mapping technology to give you personalized support,
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getting guns off our streets. one democrat's determined to get it done. attorney general rob bonta knows safer streets start with smarter gun control. and bonta says we must ban assault weapons. but eric early, a trump republican who goes too far defending the nra and would loosen laws on ammunition and gun sales. because for him, protecting the second amendment is everything. eric early. too extreme, too conservative for california.
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business contributor. phil, good to see you. so, yeah, good to see you. about 100 bucks to fill up the average car nowadays. so, the president has been looking to try to fix this, and he's looking all around the globe. there were reports he was thinking about engaging venezuela, now he's going to saudi arabia. it seems anywhere but the u.s., right. so. >> it's crazy. >> it's crazy, even though he once called saudi arabia a pariah because of the death, the murder of a journalist, what do you make of all this? >> i think just the acknowledgment that president biden is going to go to saudi arabia is kind of admission that his hard handed approach with saudi arabia really backfired, right. i mean, nobody likes the crown prince over there, and crown prince, but shunning him, our long-term ally has backfired.
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first time in recent memory the saudis have refused an american president's call to raise production. president trump, for example, tweeted more oil out of saudi arabia, said hey, it's time to raise production and they did, but the hard handed approach has come back to bite them. if we are not going to produce oil here in the united states they have to get it from somewhere, and president biden wants to get it from opec and that has not worked so far. >> anita: yeah, ok. walk back a little bit what i said. we don't know for sure that the president is going there to meet with the crown prince but it's certainly on the table and you know, this could anger some democrats because it does seem to be an about face. remember the president promised to put human rights at the heart of his foreign policy, so there is that also. but i want to bring up something that the director, the director of the national economic council said, brian deese, bring up that
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clip. >> we have a lot of strength in the economy, inflation challenge that is global. the u.s. is producing more oil this year than we have produced under the first year of the last president. >> anita: phil, is that true? >> oil production has gone up but it's misleading, you look at president trump's years the demand was not where it was today and the other reason why it is misleading is because u.s. energy producers could be producing a lot more if the biden administration reversed some of their policies. you know, make no mistake about it. i always look at the biden energy policy as a george costanza policy, do everything opposite of president trump. president trump approved the keystone pipeline, they killed it. president trump had good relations with saudi arabia, they reversed that. reversed all the stream lining of regulations that brought more supply to the market, so now,
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and they are wondering why prices are going up. listen, the u.s. energy producer is the best, cleanest in the world. if you get off their back, they would be producing more oil but that's not happening. yes, production is up, but the same time, it's not keeping up with demand. >> we will take anything at this point to bring down the gas prices. phil flynn, thank you so much for your time today. really appreciate it. >> john: new at 2:00, with record high gas prices, inflation rising and economy in shambles. president biden speaking about it while away at the beach in delaware. as well as the breaking news on former trump adviser peter navarro's arrest, and joe gamaldi how traffic laws may be causing more violent crime, and china, and the new club lebron james is in. all that and much more next hour.
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>> make them pay the price and make them, in fact, the pariah that they are. very little social redeeming value in the present government in saudi arabia. they have to be held accountable. >> john: what a difference sky high gasoline prices can make. then candidate biden's remarks and today. the president now says it's possible he'll be visiting saudi arabia bringing with him the global recognition he promised to strip away from the kingdom. >> anita: apparent 180 yet another sign of the administration desperation. critics on all fronts, american's money. the white house this week staging an all hands on deck messaging push aimed at reassuring the record high prices on everything from
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groceries and gas would finally come down. >> john: critics point to another problem the white house said it was working nonstop to fix. shortage of baby formula nationwide. we are now weeks into the crisis, yet it is only getting worse. welcome back as "america reports" rolls into a second hour. i'm john roberts. good to spend time with you. >> anita: anita vogel in for sandra smith. and following the indictment of peter navarro for contempt of congress. he was not allowed to surrender, handcuffed and all. >> john: bret baier is here, in addition with the economic news of the day. >> anita: live fox team coverage from the west coast to the heartland and starting at the white house. jacqui heinrich is there.
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>> jacqui: with the gas prices, the white house is weighing a trip to riyadh to repair relations, and caused the white house to do an unusual dance of warm and fuzzy diplomacy. twice yet the white house issued formal statements praising saudi arabia, first for the role they played to get opec to produce more oil for july and august, for market conditions, and also a second statement recognizing the crown prince for extending a ceasefire in yemen. biden is not making the trip official just yet. >> i've been engaged in trying to work with how we can bring more stability and peace in the middle east, and there is a possibility that i would be going to meet with both the israelis and some arab countries at the time, including i expect would be saudi arabia included if i did go. but i have no direct plans at the moept. >> the families of 9/11 victims
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are not too pleased, demanding they bring up accountability for 9/11, and if he doesn't, signal to the world you are willing to endure years more, and america prioritizes foreign powers and economics, rather than the citizens. and declassified saudi support for al-qaeda and the 9/11 attacks. the president is spending the weekend for the first lady's birthday, he says he's doing everything he can to bring down gas prices and in this question about engaging with saudi arabia, he said that he's not going to change his view on human rights issues. anita. >> anita: another full plate at the white house, thank you so much, jacqui. >> john: rising gas prices hitting americans coast to coast, some people more than others. these are the seven places a gallon of gas currently costs more than the federal minimum wage pays.
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all of them are in california. in other words, even an eight-hour workday would not be enough to fill up the smallest of gas tanks in a car. kelly o'grady live in los angeles. stark new reality, kelly. >> it really is, john. and you can see the sign behind me, 6.99 a gallon, inching closer to the minimum wage. think about it, to fill up a standard sedan, cost you $98, not even a gas guzzler. and of course, l.a. has some of the highest prices in the nation but today marks the seventh straight day in a row we have hit record high prices for the national average. jumped $0.05 overnight to hit 4.76, $0.02 shy from double the price when president biden took office. some folks are struggling and dede -- demanding answers.
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>> coming on to the person that's paying the gas every day. it's a shame. >> when is it going to end? you know what i mean? a lot to take in, but you have to get it, that's the thing: you have to pay for the gas. >> the administration, however, defending its efforts arguing that tapping the strategic petroleum reserves reduced the brunt, so that provided little relief and the president yet again blaming russia for the spike. while gas prices have increased since then, i want to point out half the price since biden took office occurred before invasion, so hopes are raising on opec, the coalition announcing it will increase the oil supply hikes by 50%. but growing skepticism of pain at the pump, and that opec will plug the hole from the e.u. russian oil ban but not fill the levels, excited about going to the beach, weekend get away, and
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here more dread at the pumps. i'll going to be staying home this weekend. >> john: i think at some point, kelly, people are going to start driving less than they were, i think a lot of pent-up demand over memorial day, but i think soon the chickens will come home to roost. kelly, thanks. anita. >> anita: baby formula shortage is getting worse, despite efforts to ramp up production and fly cans in from europe, 74% out of stock rate nationwide. now a watchdog for the department of health and human services will audit the f.d.a. decision to close the plant at the center of the crisis. fox business news grady plant is in sturgis, migrant. production should restart there tomorrow. >> that is the good news, they are going to start making baby formula here once again. bad news is this is by no means a quick fix to the shortage,
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because abbott says it will start making a specialty formula not as many families use, available as early as june 20th. that brand called allacare, not the same in the recall mid february. two most popular brands are a part of the recall. in the meantime, the plant has been down, abbott has been shipping in formula from its facility in ireland and the biden administration has arranged flying in product from as far away as australia and the united kingdom. in the last several weeks, despite those efforts, this baby formula shortage has only gotten worse. you mentioned nationwide, nearly 75% of baby formula is out of stock on store shelves. it's even worse when you break it down state by state. in nine states right now, states in red on the map, more than 90%
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of formula is out of stock. georgia and arizona are getting hit the worst. now, on that department of health and human services investigation, we know that they have launched an investigation into the f.d.a. don't know exactly what they are going to do as part of that investigation. but we know what they are looking into is the inspections that led to this plant being shut down in the first place and the f.d.a. oversight of the recall process. of course, the recall and the shut down of this plant a big part of the reason we are where we are today with this shortage. anita. >> anita: at least a little bit of good news there, they will start producing a little bit more tomorrow. grady, thank you for the live report in michigan. >> john: bret baier, on tv a little earlier today. good to see you, my friends. job reports, a small bit of good economic news amid a sea of bad indicators, including rampant inflation, skyrocketing price of
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gas, consumer goods, lingering, actually worsening baby food shortage. and there's a lot of thought this was the last good jobs report we are going to see for a while. >> bret: let's hope not but what experts are saying looking at the big picture. i think the president was out touting those numbers, which are toutable, but what is not in the numbers, per se, is how many open jobs there are compared to people that are looking for jobs. the unemployment rate is low. but there are real questions about the long-term viability because of the inflation picture, and we talk about it every day, but as much as the president wants to get fired up about and he's written a number of op-eds, "new york times," "wall street journal," the plan has not developed. plan is to say the federal reserve is in charge of inflation, we can't really do anything to flip the switch. i'm not sure how that sells at
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home. it is falling on his administration. >> and the focus of green energy as well, wait a minute, how about what i put in my tank every day. >> bret: the resistance to focus on domestic energy production and venezuela and saudi arabia, even though it's not confirmed he's going on the trip, seems they are leaning that way, suggest that there's a disconnect between the domestic and the foreign. >> anita: i see people looking about this, and looking around the globe, reports he was going to engage with venezuela, and saudi arabia maybe, and why not look at home. we have a lot of energy here. >> bret: they argue production is up and great production. but if you took all of the breaks as the business, the industry calls them, the permits, the hurdles they have to go through off, or released them when they put in when they
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came in office, you could be talking 2 million, 3 million barrels, that's a big difference. and the big picture, u.s. production is not the world, but it is enough to perhaps change the needle. >> john: the president's speech on guns renewed the assault weapons ban, ban high capacity magazines, enhanced background checks, red flag laws, the president said he was going to be a uniter but it seemed to be partisan talking points and blaming republicans. >> bret: that said, there are republicans at the table now. >> john: but not on those points. >> bret: not those specific points but trying to get to some compromise deal. what does that look like, it could, you know, you notice that he said ban all assault weapons, back to the 1994 weapons ban, effectiveness or lack thereof studies, and -- >> john: assault weapons ban was in place when columbine
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happened. >> bret: 1994 it went in place, that's right. and he said in the next line do this, or if not, raise the age to 21 for ar-15 or similar weapons. i think that's probably on the table and the compromise discussion, shoring up schools, he did not mention in the speech at all about security in the schools. and mental health, which he just briefly touched on. some combination, i think there is a hunger to get something, but it's not going to meet anybody's appetite. >> anita: i want to ask you about peter navarro, former trade adviser, charged with two counts of contempt for not cooperating with january 6th committee. each count carries a maximum sentence of a year in prison plus $100,000 fine. wow, they cuffed him, took him out, serious business here. >> bret: the fbi arrested him today, put him in handcuffs.
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it was not an early morning arrest but did pull him in and now he faces serious charges, all for not providing documents. this is a document request specifically. he was on another channel last night saying a lot of things, very openly, and i thought wow, if he's saying all that and yet not producing, there could be someone listening that could have a problem with that. >> anita: if someone was listening. >> bret: and maybe someone was listening and had a problem with that. not sure that was the deal, but that's what i was thinking. >> john: navarro has been a well-known hard you know what, but for them to arrest him and cuff him and frog march him into court, bannon was allowed to surrender to the fbi. but the fbi went and got navarro today. interesting. >> bret: in this interview and says when republicans get in power, the first thing they are going to do is impeach joe
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biden. it was very hard charging, and perhaps it had something to do with the result. i don't know, but it may have. >> john: see you tonight for "special report." all new at 2:00, apple pulling some business out of china, but the exit has nothing to do with the communist country efforts to erase an entire ethnic group from existence. instead, a reason you'll want to remember the next time they lecture you about going woke. brian kilmeade with us on that just ahead. >> anita: more cities now saying breaking the law is perfectly fine with prosecutors as long as it furthers a social justice. but critics who warned along would lead to more than just traffic violations are saying told you so. but will it mean the end of progressive policies? we will see. ♪ ♪ dry eye symptoms keep driving you crazy? inflammation in your eye might be to blame. time for ache and burn! over-the-counter eye drops typically work by lubricating your eyes and may provide temporary relief.
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>> john: l.a. county district attorney george gascon more pushback for the soft on crime policies. a california appeals court ruling he cannot refuse to charge criminals for their third offense. bill melugin is live in los angeles. some clap back against gascon here. >> that's exactly right. and this is now lada george gascon's second major court loss, and comes at a time when the campaign to recall him says they are almost to the finish line when it comes to gathering the needed signatures. we'll explain the story. yesterday a california appeals court ruled gascon has to obey the three strikes law, passed overwhelmingly in 1994. gascon had previously called the law a disaster that leads to "overincarceration" and ordered
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prosecutors not to enforce it. the union sued him over this, saying it would force prosecutors to violate california law and their own ethics. a trial court agreed and issued an injunction for gascon not following the law. he appealed and lost again yesterday. the court writing district attorney overstates his authority. he is an elected official who must comply with the law, not a sovereign with absolute unreviewable discretion. >> this opinion is basically a slap down to george gascon, saying in essence that you cannot basically put your political preferences over justice and what the voters of california voted in when they voted over 70% for the three strikes law back in 1994. >> and gascon's court loss comes as the campaign to recall him says it has collected over 500,000 signed petition, the most signatures ever collected in l.a. county for any petition.
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they need about 567,000 verified signatures by july 6th to get the recall on the ballot. the campaign tells me they are well on track to qualify, and john, gascon is not the only progressive prosecutor in california to be under fire. in san francisco, that fate will be decided on tuesday. >> john: a lot of action against soft on crime prosecutors in the golden state. thank you. >> anita: john, speaking of los angeles, it is just one of many major american cities that has stopped enforcing some traffic laws. things like broken taillights or expired stickers will no longer get you pulled over. all in the name of racial equity. critics have long warned letting people get away with breaking the law will only lead to more crime and say the current crime wave proves them right. reaction, is joe gamaldi, national vice president of the fraternal order of police. great to see you here today.
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you know, back in march philadelphia became the first city to ban police officers from pulling over drivers for those minor traffic violations i mentioned, things like expired tags, broken brake or taillights in the name of racial equity. crime is on the rise and now the philadelphia lodge of the fraternal order of police is suing to invalidate the law. what more can you tell us? >> all i have to say is here we go again. i mean, we have seen this story before. we have politicians, academics and activists pushing woke no consequence criminal justice policies and gas light the american public to thinking it's going to make your community safer without data to prove it's going to do that. we saw it with bail reform and decriminalizing minor offenses and led to urban decay and crime
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increase, and to tell officers to not do traffic stops will make matters worse and in 2020, 40% of illegal firearms, guess what, traffic stops. kansas city, one in every 28 stops pulled a gun offer the street. and they say it's going to help minority communities but does the opposite. you know who is disproportionately, black americans, 12 times the homicide rate than everybody else. the person pushing the policies, uninformed idiots and at worse, don't give a damn about the communities, either way, it ain't good. >> it's interesting the city councilman who authored the bill said philadelphia was leading the way, seems they are leading the way to lawlessness and since then, other cities have followed suit. los angeles, minneapolis, the entire state of virginia. how are those places doing? >> not well, and you know, a
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recent poll said 80% of americans are worried about violent crime in this country. and boy, are they right. we just came off historic year in homicides in the country and it's not slowing down. murders are up 55% seattle, milwaukee, new orleans, and massive increase against law enforcement. 142 police officers shot in this country, that's an 11% raise over last year's historic numbers. it's not stopping. and i just don't understand how these politicians aren't getting the hint. the american people are very clear what we want. we want safe streets, we want our neighborhoods to be secure, we want our businesses to thrive, and there's gonna be a reckoning. you know, if you are a politician in this country, i don't care whether you are a republican or democrat and you are ignoring the crime problem and not wanting law and order on the street, you better get your resume ready, your ass will be looking for a job in november.
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>> anita: i want to bring up a headline from the "new york times." says democrats face pressure on crime, their own base. not long ago focussed on police reform but rising fears of violence, and communities of color, have led candidates to change course. what's going to happen november at the box office. some of the communities most affected are the black communities, hispanic communities and they are democrat. so, what happens this november? >> i'm telling you right now, if these candidates don't get on the band wagon with law and order and what communities want, they are going to be voted out. poll said 80% of black americans want more police officers in their neighborhood, 80% of hispanic americans want more police officers in the neighborhood, it's very clear what we want. we want law and order and if not we are going to find somebody to give it to us. >> i meant to say ballot box, i
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said box office, i must have movies on the brain. it's friday. thank you for coming. see you again. >> john: awaiting former trump adviser peter navarro appearing in federal court as he faces two charges of content of congress. a look at what today's arrest might mean for the january 6th investigation. >> anita: china on the brink of a game changing milestone in its mission to become the top world super power, as concerns grow the biden administration isn't doing enough to contain them. brian kilmeade joins us on that coming up next.
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(mom allen) verizon just gave us all a brand new iphone 13. (dad allen) we've been customers for years. (dad brown) i thought new phones were for new customers. we got iphone 13s, too. switched to verizon two minutes ago. (mom brown) ours were busted and we still got a shiny new one. (boy brown) check it out! (dad allen) so, wait. everybody gets the same great deal? (mom allen) i think that's the point. (vo) iphone 13 on us for every customer. current, new, everyone. on any unlimited plan. starting at just $35 all on the network more people rely on. >> anita: fox news alert, former white house adviser peter navarro in federal court after the d.o.j. indicted him on two counts of contempt of congress. he was not permitted to surrender but was handcuffed before they hauled him into
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court. chad pergram on capitol hill with the breaking details. >> chad: arraignment here for peter navarro is going on right now, the magistrate there, he's charged with two counts, one of defying congress's request to have a deposition and also refusing to produce documents. this is part of the 1/6 committee investigation. they wanted to bring him in. the indictment came down yesterday. he was arrested today. now, i interviewed peter navarro on wednesday morning and he keeps claiming that he is exempt from this. the reason he says he doesn't have to appear before congress is because he served in the white house. he also claims that the 1/6 committee is invalid. the house of representatives voted to create the committee, it's empowered to do so under article i, section 5 of the constitution. committee hearings thursday night, primetime hearing on thursday and the committee will try to thread together efforts to those close to former
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president trump to bring up other electoral votes or stretch out the process so they could possibly get a second term for the former president and peter navarro was part of that group. this is the second prosecution by the d.o.j. on 1 of 4 individuals who they have held in contempt of congress. steve bannon, he was prosecuted, is being prosecuted, his trial will start next month. he was voted, they voted on him, holding him in contempt of congress some months ago. and dan scavino, and peter navarro, and they held mark meadows in contempt of congress but have not prosecuted him. we expect peter navarro to appear after the arraignment here today. he could face up to one year in jail on both of those charges. back to you. >> sandra: all right, chad, keep us up to date. thank you for the live report. >> john: former d.o.j.
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prosecutor joins us on the phone. navarro's contention that he is protected by executive privilege because of his conversations with the president, that congress and d.o.j. both would seem to disagree. who is right? >> well, we are not going to know. i mean, i think the risk to basically take the approach of fully ignoring the committee. and those are the options that navarro and meadows and bannon face, you fully comply, they don't want to do, partially comply, or do you fully ignore, and let me say the partial compliance means going in and maybe asserting privileges in live, you know, face-to-face with the committee. that tends to be a better option than essentially raising the middle finger and saying you don't have authority and you can't pierce the privilege. also means you are probably going to go to court and the difficult part about going to court and fighting over the privileges is that the judicial branch does not like to interfere with the legislative branch.
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so the court don't want to hear that they are on a you know political fishing expedition or reign in congress that superficially appears to be doing the regular job. those are difficult choices. the guys indicted with the criminal contempt charges have made the decision to fully ignore, saying i'm not showing up, i'm not turning over anything and that kind of pokes the bear and leads to the referrals to the attorney's office, made some interesting decisions in terms of how they executed arrest and walk away things like andy mccabe false statements. >> anita: why do you think they did not allow him to surrender? they put him in cuffs, let steve bannon surrender. why not peter navarro?
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>> i don't know. there is no procedural or constitutional right to self-surrender. the reality is for nondangerous cases, for white collar cases, where there's not some obvious risk of flight, it's a typical practice. 'til the client show up at the courthouse on tuesday, go down to the marshals, they process you and then go to court. here progressive approach, put in the motion to seal the indictment, they did not want him to be able to flee or tamper with witnesses or other steps to interfere with the criminal case. that seems overwrought, like sending a message and heavyhanded and unnecessary. i don't think we are expecting navarro or anybody else to flee to an island any time soon. >> john: although as you pointed out, raising the middle finger is sort of a stock in trade for peter navarro. maybe this was the d.o.j.
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clapping back at him. thank you, jim. >> thanks for having me. >> anita: china could be weeks, if not days away from launching its most advanced aircraft carrier. a major step in the communist country's push to become the world's top super power. these are satellite images taken just a few days ago of a shipyard where china is building the type 003 aircraft carrier. advanced launch technology that's similar to what the american navy uses, and that it will expand china's naval reach. but some good news here, they say china doesn't yet have the high-tech aircraft to go with it. there is another china threat to our military power, the country owns about 90% of rare earth minerals which make up the equipment the u.s. military relies on. but if cut off, it would take less than a year before the u.s. runs out of the material to make these weapons. national security correspondent
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jennifer griffin takes a look at this very important issue. hi, jennifer. >> hi, anita. rare earth minerals are used in nearly all the equipment the u.s. military relies on. f-35 fighter jets, tanks, surface to air missiles, handheld radios and cell phones rely on 17 elements used in high-tech electronics. if the supply chain fails, planes will stop flying, tanks grind to a halt and the military may have trouble communicating. senator tom cotton warns if china halts the supply chain, the u.s. military would run out of the elements in less than one year. >> it's so important we not just stockpile the minerals but domestic mining capabilities. >> we cannot continue to rely on our adversaries, especially china, to get the critical minerals. >> it's an issue that has rare
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bipartisan support. senators tom cotton and mark kelly have introduced legislation to help create a larger stockpile for the u.s. military, along with creating more incentives to mine these minerals inside the u.s.. the reagan institute highlighted its concern in a report last november. the pentagon says china's long-term goal is to be entirely self-reliant in the industrial sector so the army never faces supply chain issues. >> the rest of the world has not caught up. we have given it to china, essentially seeded it to china. >> drew horn a former green beret, formed a supply chain company. >> bring it together in a way that moves the needle. what you are talking about is essentially creating vertically aligned supply chain that now only exists in china. >> the defense department submitted its own legislative
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proposal to the house armed services committee asking for $253.5 million to build up a bigger mineral stockpile. the chinese government has formally requested a meeting with u.s. defense secretary lloyd austin who will be in singapore next week for a high level defense meeting to discuss "managing competition." anita. >> anita: it's interesting it took a rare earth mineral to bring about rare bipartisan support. such an interesting report. thank you so much. john. >> john: you know where they have a lot of rare earth minerals, alaska. state department quietly adding back a line on the taiwan fact sheet, states the u.s. does not support taiwan's formal independence from china, the line was restored after china rebuked the u.s. for political manipulation and petty act of fictionalizing. and underscores the biden administration mixed messaging over backing taiwan against
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chinese aggression. brian kilmeade. so, when the line was removed from the fact sheet a few weeks ago, china flipped out. is this the u.s. saying sorry, we'll put it back in. >> brian: maybe they are getting ready to release the tariffs as well. the president comes out tough and said we would defend taiwan and then walk himself back, and then you have a story of china being upset. the president stands by what he said, although he says our policy has not changed. those two worlds don't mix but we'll move on and now he's saying taiwan, his administration, is part of china. so, that's like saying if long island starts rising up against new york or the country, that china would defend us or not defend us. why would we defend china, why would we defend taiwan if it's part of china. they are a democracy, ally, our
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advisers are on the ground, weaponry sold to them, why are we defending island that is part of china. you have to suspend logic to follow this stuff and makes us look weak when the allies are wondering if we are going to pull an afghanistan and leave them high and dry, they want to know how determined we are to push back against their aggression in the pacific and i think it's a bad message. >> it happened after antony blinken, secretary of state said we are not looking for con flibt or a new cold war with china. to the contrary, we are determined to avoid both. we know china does not want to play by the rules. we know they want to become the world's dominant superpower. why are we cutting xi a break? >> seems to me, john, we are doing the same thing with china as we have done with russia, just appease, don't worry about it, we don't want to be your
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enemy. you are an ally, you are one of us, the cold war is over and vladimir putin took it as weakness. china is learning from what's happening. america looks like they are standing up, the west looks like they are standing up against one of our enemies and now we give it away and have to reestablish ourselves as somebody in the pacific who wants to establish itself. i would say this about china. economically they are in dire straits. they locked down 25 million people in shanghai and the same thing to a degree in beijing. they are beginning to release some back to the lives, they fence you in and forget to feed you, that seems to be their policy. big picture, china has a lot of challenges. looking at russia and saying we don't want that type of isolation, this was an opportunity for us, to get a weakened china before the pandemic is truly in our rearview mirror and we are not taking advantage of it. >> john: you say china is in dire straits yet they are
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building a shiny new aircraft carrier, likely paid by u.s. consumers. apple is pulling out part of production for the ipad from china, and moving it to vietnam. and you say oh, is apple finally realizing that china is a bad actor when it comes to human rights, no. it's because covid lockdowns have created supply chain issues for apple, so it wants to move to vietnam where it thinks it can have a more reliable supply chain. the nba at the same time is cheering the nba return to chinese national television after an 18-month blackout, and you wonder when it comes to the nba, comes to apple, it seems to be all about money and not principle. >> brian: steve jobs book, he says i don't have enough choice, i have to build it there. to bring it back cost
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prohibitive, ipad or iphone would be cost prohibitive, and hurt the market share and realize china is an enemy they look to places like india, can we move manufacturing there. china it turns out apple came to the conclusion we cannot build it anywhere else. is vietnam getting to the point they can. i'm not realizing we are talking of vietnam a close ally of ours. more audio visual, the ipad now may be the iphone next, and then suddenly we won't be as dependent. maybe nike will do the same thing. the problem is with i think it's shen zen, the port is shut down, no ships in and out. that will hurt their bottom line. nba, they miss being in front and getting the billion people watching so gave up their integrity and say we'll forget about enes kantor and then cut
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him and play for you guys. >> anita: well, speaking of the nba, lebron james scoring what he calls his greatest milestone. that's coming up next. for investors who can navigate this landscape, leveraging gold, a strategic and sustainable asset... the path is gilded with the potential for rich returns. first psoriasis, then psoriatic arthritis. even walking was tough. i had to do something. i started cosentyx®. cosentyx can help you move, look, and feel better... by treating the multiple symptoms of psoriatic arthritis. don't use if you're allergic to cosentyx. before starting...get checked for tuberculosis.
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getting guns off our streets. one democrat's determined to get it done. attorney general rob bonta knows safer streets start with smarter gun control. and bonta says we must ban assault weapons. but eric early, a trump republican who goes too far defending the nra and would loosen laws on ammunition and gun sales. because for him, protecting the second amendment is everything. eric early. too extreme, too conservative for california.
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>> john: you'll see more criminals willing to do bad things to get their hands on cash. might be common sense to some people, but not all. it's creating a big problem for some store owners in washington state. dan springer live in seattle with the details. dan? really, john, across the country, it's ironic that democrats are the ones blocking this bill that would make it safer to operate pot shops and leaders are holding out for full legalization of marijuana. as you mentioned, it's more dangerous. there's lots of robberies at cannabis stores. they have skyrocketed. 100 in washington state alone, one of the first to legalize recreational pot. an employee was killed in this
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store recently in tacoma. there's been a lot of robberies in california, l.a., san francisco and oakland have been hard hit. cannabis industry leaders are begging for action. >> no one should have to go to work fearing for their lives. this is an industry that employs over 400,000 americans at present. those individuals should not have to worry if they will be going home to their loved ones at the end of the day. >> cannabis is fully illegal in all its forms in six states now. it's fully legal in 19 states. that's all in just the last decade. it's all in cash. federal banking laws prohibit banks from doing business with pot stores. they can't even use credit cards. so they're atm machines in many pot shots. the safe banking act would change that. it has bipartisan support and passed the house six times, but it's blocked in the senate by democrats like cory booker.
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>> i will lay myself down to do everything to stop an easy banking bill to allow these corporations to make money on this. >> chuck schumer has joined cory booker in opposition to the safe banking act. pressure is ramping up where it is legal. >> john: the violence is troubling. it has to be so worrisome to those running or working at these places. thanks, dan. from nba all-star to olympic gold medallist, king james has achieved another title. billionaire. >> according to forbes, the nba star raking in millions during his career, but it was his off-the-court money that put him in that club. let's bring in abby hornacek to talk more about this.
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hi, abby. lebron james, 37 years old. 1.2 billion is his network due to his basketball career. but he's the first active nba player to be a member of this club. >> a club we would all love to be in. first active nba player to be in that club. that's interesting. my mind went to michael jordan. there were different contracts in the day. he didn't reach that status until 11 years after he retired from the nba. forbes has his network at 1.7 billion. that was a decade after he retired. it's easy to look at lebron and say how is he not already a billionaire? he's made a boat looked of money in the nba. he's made $390 million the last 12 years, and that's not upcoming his contract of $44
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million for next year. it's his investments that put him over the edge. he has $300 million invested in spring hill company and other investments, fenway sports group, lays pizza. let's not forget back in 2015 he signed a lifetime deal with nike that is estimated $32 million per year. so he's raking in all sorts of cash. dinner is on him potentially. that's probably a good idea. >> john: abby, i made up this cool graphic. so i was trying to get it on the screen while you talked. let's put it up. look at this. from playing with the cavs and the heat and the lakers, 385 million and more. spring hill company, a production company that made space jam 2, $300 million. that fenway sports group, $90 million. real estate, some 80 million. blaze pizza, 30. cash and other investments, 500 million.
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what is interesting about lebron james, this isn't just playing and endorsements. this is a very diverse revenue stream. >> it is. he's been really smart with where he puts his money. he donated a lot of money. we heard about his philanthropic efforts. don't quote me on this. we'll have to double-check this. i believe he donated about $42 million of that. when you're as good as lebron and been in the league 20 years and invested smartly, it makes sense why he's reached that billionaire status at this point. >> abby, i want to ask you about this 18-year-old tennis dynamo, coco gauff from atlanta, georgia. she's reached the grand slam semifinals. you know, what is so interesting about her, she told her dad when she was just 8 years old that she could be the greatest tennis player of all-time. she knew she was headed for greatness. >> yeah, she might be joining
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lebron at one point at 18 years old playing in her first grand slam title. she's no stranger to this success. she won the french open junior title at age 14. she beat venus williams at age 15. she's representing the u.s. a. at roland garros. she made headlines. she wrote "end gun violence" on the lens of a photographer's camera. she said she had a few friends in the parkland shooting. she's using her voice in different ways and dominating on the court. we'll see what happens. she's seeded at number 18 and facing off against number 1. go u.s.a. >> john: i love that she was inspired by the williams sisters to get into tennis. she beat venus in 2019. she's a phemon and will be playing in the wimbledon finals
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tomorrow. >> that's like a 18-year-old beating lebron james. cool for her. >> john: he's got a billion dollars. he can pay them off. >> and 18-year-olds are going to the nba now. >> john: thank, abby. have a great weekend. >> thanks, guys. >> john: all right. president trump's former trade adviser peter navarro is in court right now. he's at the united states courthouse down the street from where we are in washington d.c. the scene of so many famous washington cases. he's charged with contempt of congress for refusing to comply with a subpoena before the january 6 committee. very much in the way that steve bannon was. we expect that even though he went in the prisoner entrance, he will walk out the front door. if i know my peter navarro, he might have something to say about that. >> you think so? we had a lot to say to another network the other night. >> john: he did. >> maybe that's what got him in
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to this hot water today. >> john: that's what bret baier was speculating. raising the middle finger to the man is his stock and trade. maybe somebody took offense. great to spend a couple hours with you. >> you too, john. thanks for having me. >> john: great to spend time with you at home. i'll see you on "fox news sunday" sunday. and i'm anita vogel. "the story" starts right now with martha maccallum in london. >> martha: thanks very much, john and anita. "the story" live in london for the queen's platinum jubilee. ahead, my sit-down interview with david cameron. we talk about the fact that he attended the service at st. paul this morning a service of thanksgiving for the queen. >> i'm a massive fan of our royal family. the system works well for us
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