northeast part of town. the club saying they are, quote, devastated by the senseless attack on our community, and the police spoke in the last two hours. >> we have numerous homicide detectives on scene. they'll be processing the scene. this scene is going to take some time to get through, so we will be here for many, many hours to come. rachel: officials are still working to identify a motive, but the gunman is in custody and undergoing treatment at the hospital. we are expecting another update from colorado springs police at around 10 a.m. eastern time. now to another fox news alert, moscow, idaho, police are shedding new light on the gruesome murders of four college students. pete: police at least publicly still have not identified any suspects as the fbi arrives on the crime scene. will: ashley strohmier is here with more this morning. >> reporter: new information this morning in the brutal mores of four university of idaho

students. police honing in on the details of the victims' final moments, now clarifying that a surviving room meat maid that first -- roommate made that first 911 call last sunday. the unite has not -- identity has not been revealed but police do not consider hem a suspect. police seen measuring tire marks after clarifying two of the victims took a private party ride home, not an uber as originally suggested. s not clear who drove that vehicle, but police do not believe he is involved. fbi agents and prosecutors were also seen near the crime scene yesterday as the investigation hit the one week mark. the parents of victim kaylee goncalvess joined lawrence jones last night with these memories of their daughter. >> our daughter was a three-time dean's list member. her grades were amazing. she competed with everybody. she loved competing. she was just a highly driven

person who -- >>ed had many goals in life. she herself was a -- literally, through and through. you hear about this type of stuff happening, mom, did you hear about that or that? you know, she was very well versed around it, very well. she would think someone was following her and she would call me and say, mom, i think there's someone calling me. and then, oh, never mind, they just went into 7/en eleven. she was very aware. >> reporter: phone records show kaylee called her ex-boyfriend jack the night of the attack. the family says that isn't unusual for her, and they insist on his innocence. police are still hoping to turn up any new i clues as they say there were no signs of forced entry anywhere in the home. moscow police are set to hold a press conference with the latest at 3 p.m. pacific time.

will, rachel, pete, back to you. rachel: so kaylee's mom was on "cross country" last night. you imagine you think about that last time that you heard your daughter's voice and, you know, mundane conversations, but they take on a new meaning when you mow wrowl never hear that voice again. and here is christy goncalves talking about that last conversation with her daughter kaylee. >> kaylee called me on saturday. my birthday was earlier in the week, and i didn't get anything for my birthday, boohoo, you know? it was not a big deal, but she call me on saturday and said, mom, i'll be home on tuesday, and i'm going to take you out to breakfast, lunch and dinner, and it's all on me, and we'll celebrate your birthday. i said, well, i don't know if i believe that, meaning she'd pay, but that sounds great, kaylee. and i'll see you op on tuesday, honey, and then she sent me a couple pictures of her and

maddie, and that was on saturday afternoon around three. rachel: wow. will: i mean, i can't imagine being in that situation. just your heart breaks for all four victims' families. just a terrible situation. we're going to do our best to keep up with it throughout the morning. at 7:30 a.m., we're going to have michael baden give us his perspective. of. pete: and is we had ted williams in the 6 a.m. hour as well, and there's only so much speculation that's responsible in any way in a situation like this. you want to wait for the police to get the informs. -- information. he suggested a a source inside the idaho police department there had told him likely one or two of the four was the target, and so it's identifying whether there are additional wounds, more wounds there that a give you a sense of who was target thed, and then you can go back on that circle because, likely, it was someone that knew that person and then other people in the house became targets after that. will: you don't want to read too much into bits and pieces you pick up through hearing various people involved in this investigation. is on the ground in moscow, but

i have noticed in our conversation with him earlier this morning -- and he will join us again in the next hour -- it's interesting to me that they continue to reiterate the person or persons. it has been, it's certainly at a minimum left the door open that this was more than one individual. that's certainly not a conclusive statement, but it would seem like you could conclusively say it was not just, it was not multiple people. the fact they've left that door open, i find somewhat significant. rachel: i think also it can feel frustrating for, you know, people who want -- especially if you live in that town. you want details, you want to know what's going on. i actually think it's a good thing we haven't gotten these detail thes. it might speak to the quality of the investigation, that they're keeping a lid -- pete: could go either direction on that one. by way -- rachel: that's true. pete: a schematic of the house, were hay in multiple rooms?

will: multiple rooms, multiple floors. you can see we have drone footage on your screen right now. i would love to see, actually, a broader picture. i would like to see how remote the house is, how many ingress and egress opportunities there are, is there the one road you can see there? pete: yeah. as the parents said in another part of the interview, ring camera doorbells. there's so many things that film these days. in a lot of ways, i don't like that, but in a situation like this, cars passing at three or four a.m -- rachel: or people's cell phones as well to figure out who's in the vicinity. pete: as we get more details and, again, that is the fox drone there and cameras yesterday just getting additional footage of that area in the small town of moscow, idaho, a college town where a lot of people send their kids. and there's a lot of fear, how

to put it my other way at this point. rachel: so we talk a lot, you guy, about climate change, and really there's an industry behind this, and there's a philosophy behind it which is redistribution. and we're starting to see this happening. so this is a new york times headline that says in a first, rich countries agree to pay for climate damages in poor nations. and the article goes on to say the united states and the european union are pushing for assurances that china will eventually contribute to any fund created and that china would not be eligible to receive money from it. the united nations currently classifies china as a adopting country, not a develop -- developing country, not a developed country, which would make it eligible for climate compensation even though it is now the world's biggest emitter of greenhouse gases as well as the second largest economy. interesting how china has been able to evade being classified as what it is, a develop country, and that they really

somehow find a way to evade whether it was through the paris climate accord or this, they evade any kind of need to compensate if that's the way these first world countries want to do it. pete: so these are the good ideas that our leaders come up with at these international conferences. rachel: yeah. pete: it is. ultimately, it's self-loathing. the belief that the west's success was premised on pollution, so now it's our turn to pay developing countries basically a sin tax of the past so that they can catch up to us because we built the world base on their backs. will: so this is called climate reparations. pete: yes, that's the word. will: and the idea is, as you point out, pete, our development compromised the climate of poor nations when, in fact, the way to look at at this is in exactly the opposite way where you wouldn't want to inhibit the ability of poorer nations to burn fossil fuels in order to

develop their economies. energy is at the source of everyone's economic development, and by putting in place all these climate restrictions, you are hurting poor countries. you are keeping them from literally turning the lights on. pete: so now it's we could produce, but you can't. will: right. and, therefore, we will pay you money to remain poor. by the way, here's another way that it's important to look at this, this is a global tax. this is a global income if tax. make no mistake, everyone watching, you're paying into this. the united states, american government who pays reparations to i don't know who administers this fund -- pete: china, maybe. will: -- you are a progressive income tax donator to people living in whatever's considered a country worthy of reparations. you're now paying a global tax to somebody who lives in, let's say, i don't know, angola or wherever these may go. rachel: yeah. when you think about the richer

a country becomes, say like the united states, the more you can restrict -- you can develop, actually, better technology that's cleaner, etc. pete: which is what we're doing right now, by the way. rachel: which is what we're doing right now. and, again, china always finds a way to win. i always -- president trump said it, when biden won, china won. here's another example of how joe biden makes sure that whatever the deal is, china comes out ahead. pete: let's look at the emissions, because we always talk about -- rachel: yeah. pete: here are emissions by country, and there are some projections there. look at that a blue line. that blue line is the metric tons of co2 in billions. i love how the projections into the future show it going down for china. [laughter] i'm sure it'll keep going up because they're still building coal plants -- rachel: of course they are. pete: look at the united states. we've found a way, even though we became energy independent under the trump administration, to emit less because innovation

is good, taking care of the atmosphere is good, but killing your economy to do so, not so good. there's india, the e.u -- will: you talk to oil field workers, energy companies out in the permian basin in texas, and they'll be the first to to point out to you we are cleanest energy provider. rachel: exactly. in fact, we are now, because we decreased our energy production, we are now getting oil from countries that have dirtier oil and dirtier ways of getting their oil, for example, in venezuela. not to mention all the human rights abuses that we're now funding and complicit in by purchasing oil from them. so this is a big deal. here's joe biden, who should be focused on making people's lives better and dealing with inflation, but he's overseas talking about the climate9. >> we're announcing more than $150 million in initiatives that specifically support, prepares adaptation efforts throughout africa. through our new u.s.-asean

infrastructure electric vehicle initiative, we're going to work to develop an electric vehicle ecosystem in southeast asia enabling the reason to pursue clean energy. together we hope to mobilize $20 billion to support indonesia's efforts to expand renewable energy and support workers in the most e affected -- who are most affected by the transition away from coal. rachel: it's hard to hear him fumbling, not up for the job, but he's talking about the money. and i think it's important we follow the money. there are a lot of people who are making a lot of money to this transition -- pete: and then he says, oh, to help workers. this is meant to help workers. rachel: we just had a segment on just in the last hour from, you know, a man who lives in detroit saying how will actually hurt blue collar workers, this transition to ev vehicles, because it actually takes less people to produce an ev vehicle

and, by the way, we're producing cars they can't even afford because they're $66,000. pete: what do you think the chinese officials actually say about our climate obsession behind our backsesome rau a ray they love it. pete: they have to just laugh. we're about to take taiwan, we're a ramping up our military, and the usa wants to talk to us about climate change? rachel: yeah. pete: okay. let's build more coal power plants. let's do it. i mean, hay don't care at all -- they don't care at all. and if our leaders go to them, no, please, a little more effort on the climate. just more on the climate. ing like the emperor has no clothes. rachel: pete, someone's making money off of this. these elites are all many on these ev vehicles, and again -- pete: you're right. rachel: -- it's the impoverishing people. pete: i make the mistake that they want to put our country paris. rachel: of course not. the elites, they are invested in this technology. people are making money, and hay don't care who they impoverish or what children in africa end

up working many mines in order to produce the inputs to these vehicles. the war on modern life. pete: doctor you go. a -- there you go. a few additional headlines starting with a fox weather alert. hundreds of rescues underway as a monster storm slams western new york with up to 77 inches of snow. that's will cain plus 3 inches. the lake effect snow paralyzing the region leaving residents stuck at home behind mountains of snow. at least three people are dead, all of those from attempt thing to clear the show. meanwhile, buffalo neighbors coming to the rescue of bills' players. that's true, you play for the bills, you're not necessarily from buffalo. you don't know anything about removing snow. players were snowedded in ahead of their game against the drown browns -- the browns, can you imagine that? you've got them on your fantasy team? the bills' stadium almost unrecognizable -- i wish they

would have played there. will:st be fun if it was 6-10 ins, you can't play in 6 feet of snow. pete: attend at your own risk. it'd be amazing. [laughter] download the fox weather app, stream fox weather on your favorite, favorite connected device. i mean, real hard core bills' fans would go. will: they would do that. you know how they jump off tables? pete: snowballs everywhere. overnight, a massive explosion hitting one of russia's gas pipelines out of -- outside of st. petersburg. emergency crews were reportedly able to control the fire. officials now say les no threat to the community -- there's no threat to the community. no injuries have been reported. by the way, when we were -- when i was in iraq, we had to guard a

pipeline. rachel: pete, this is my favorite story. pete: here we go. the house gop leader, kevin mccarthy, doubling down on his promise to remove ilhan omar should he become house speaker, tweeting: based on her repeated anti-semitic and anti-american remarks. i'm keeping that promise. bravo. omar has faced controversy for a number of remarks including her, quote -- her claim that israel, quote, hypnotized the world with. rachel: well, this story is really significant because, you know, this shows that he means it. at lot of people thought, oh, the democrats are going to break the norms, take people off committees, and then when the republicans take power, they won't have the guts to do it. this shows me that they're going to do the exact same thing back to the democrats which i hate seeing that to the institution,

but there can't be two sets of rules, so, good-bye, ilhan omar. pete: how about no anti-american members on the house foreign affairs committee that really don't like america? rachel: yeah. president who think everything we do is possible and. rachel: it used to be you could have that opinion, and you could be on the committee. but they took republicans off of committees -- pete: who'd they take -- rachel: marjorie taylor green. and i think she was the only one, or was will someone else? pete: did they do it to matt gaetz too maybe? rachel: we'll find out. live by the sword, die by the sword. okay. well, still ahead, we are following breaking news out of colorado springs where a gunman opened fire in a gay club killing 5 people and hurting 18 others. what we're now learning about the customers inside, who helped take down the suspect. how. will: plus, after the break republicans vowing to get to the bottom of joe biden's involvement of in hunter's

business dealings. south carolina congresswoman nancy mace joins us next on nancy mace joins us next on that. joins us. with flonase, allergies don't have to be scary. flonase sensimist provides non-drowsy, 24-hour relief. in a scent free, gentle mist. psst! psst! flonase. all good. hi, i'm jill and i've lost 56 pounds on golo. hi, i'm barry and i've lost 42 pounds. jill and i are a team. if she tells me to do something, i usually jump on board. golo was doable, it's realistic, and it's something we can do the rest of our lives.

rachel: we are back with an update to that breaking news out of colorado springs that we've been following. we've told you 5 people are dead

and 58 others -- 18 others hurt. we're now learning customers stepped in to help stop the attack. the club saying in a statement, quote, we hank the quick reaction -- we thank the quick reaction of heroic customers that subdued the gunman. officials are still working to identify the motive, but the gunman is in custody and undergoing treatment at the hospital. pete. pete: thank you, rachel. all right. fresh off winning a majority in the house, republicans are putting a spotlight on hunter biden's business dealings and its ties to the big guy. >> this is an investigation of joe biden, the president of the united states, and why he -- families, international business schemes. national security interests require the committee conduct investigation, and we will pursue all avenues, avenues that have long been ignored. pete: all avenues.

gop congresswoman nancy mace sits on the house oversight committee, she join joins us now. congresswoman, lay out what this type of oversight could look like. >> well, you're going to see investigations by the judiciary committee that jim jordan will be chairing and the committee on oversight where i sit. we haven't had any due diligence or investigation when this story came out two years ago. in fact, the fbi told social media companies to bury the story a few days before an election, aided and abetted by a mainstream media that didn't want to investigate the story. come to find out, the story was true. so it is up to us to be a check and balance on the presidency, on the white house and the administration, and this is one of those avenues to be that check and balance, starting this investigation as soon as republicans are in the majority in january. pete: so who might you call? when it comes to that investigation, what are we looking at as far as witnesses?

>> well, the beauty of the subpoena is we'll be able to call anyone that a we want, and i voted in favor for subpoena for folks on the oversight committee. i think anybody is on the table right now. i would love to see if fbi come in to the oversight committee or judiciary and tell us why they told media to bury the story. that's a start. id like to see some of hunter biden's business partners and talk about the the big guy, what did it mean when they gave key to the office to joe biden and others. we have a lot of questions, and i think all witnesses should be on the table for these investigations. pete: what do you say to white house who put out a statement saying this is just the republicans playing politics. what to you say to them about how significant this is? >> well, the oversight committee and judiciary, these are serious committees. we're going to follow the facts because there was no investigation, there having no due diligence, and it's part of

our role in congress to be a check and balance on other agencies and on the rest of government. and we ought to do that. ing one of the things that we need to look at is why federal agencies, and it's not just the fbi, why are they censoring stories? it's not just hunter biden, it's the origins of covid, many other stories they have tried to bury over the past year, and we really ought to get to the bottom of it. and i hope this is just one of many investigations oversight's going to be conducting over the next couple of years. pete: one of many and an opportunity to also force the fbi to fess up on what they've been doing across the board. congresswoman nancy makers thank you so much. >> thank you. -- nancy mace. pete: coming up, fox news alert, all-out manhunt to find the suspect who killed four college students in idaho in a brutal knife attack. forensic pathologist and fox news contributor dr. michael baden on the chilling developments we're just learning one week after the crime.

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>> they're telling us that there's so much evidence that it's going to take a lot of time to process it all. this wasn't, like, a pinpoint crime. this person was sloppy. he did whatever -- when i say he, obviously, that's just me -- but he made a mess, and there's a mess there, and they're going to have to go through that point by point, and that's going to take a lot of time. that's why they reached out to other facilities to help them with that lab work. rachel: that is a heart broken father describing the long process of analyzing evidence at his daughter's murder scene. investigators are still on the hunt for the suspect behind the slaying of four college students in idaho. joining us now is fox news contributor and forensic pathologist dr. michael baden, and he joins us now. doctor, so great to have you. can't think of anyone better to help us look at what is happening here. what, in your professional opinion, do you think is the most important evidence when

they collect everything prosecute murder scene? >> well, murder scene and from the bodies because if there was a struggle, there are defensive wounds, and if there are any scratch marks, all of the fingernails of the four victims would be examined, these finger nail scrapings, to see if there's any dna from the perpetrator which can occur during a struggle. there may be -- we don't know yet if they've figured out if the person was wearing gloves because even if he's -- if there's no gloves, bloody fingerprints would be around especially on doorknobs and doors. even if he, presumably, wore gloves, one can get certain information from the bloody glove impressions if only on doorknobs, commonly they can get that.

the bloody shoe prints. with all the blood at the scene, whoever did this, one or two or more people would have had a hard time not stepping in the blood and tracking blood around. that will not only help identify the type of footwear which the fbi has a huge file on, but also the size of the individual. the, there also might be and hale look for, this is hardest hinge with all the blood, to see if there's some blood there that conceivably could come from the perpetrator such as crops of blood if -- drops of blood if he was, if a scratch mark caused bleeding or if the knife accidentally cut him because the blood is so sliply that -- slippery that knives slip in the hands of the perpetrator. so a lot of this will be done

very quickly. there's a lot of stuff but in different parts. one thing i'm concerned about are the tire marks. that is, should have been done right away because the passage of time, weather conditions, other vehicles coming in and out such as ambulances and medical examiner, coroner vehicles will to blut rate -- obliterate or change tire marks if they aren't protected immediately. and there's no evidence that that was done. but just rain or snow or -- can distort those tire marks, so a week later is a little late. rachel: yeah. there were other mistakes made like the combining of trash from one, a neighboring house to this house, all concerning. really quick, how long does it take to process the dna? you heard the father. obviously, he wants answers right away which is, you know, obviously, understandable. >> yeah, everybody wants answers

right away. i think we'll get a lot more information today when they have police -- rachel: but, doctor, specifically how long does it take to process dna, you know, blood evidence, for examplesome. >> once it's collected, it can be done within 24-48 hours as what happened here because the fbi facilities are pinpointed here. so the actual process can be done in 48 hours. if they got fingernail scrapings, that'll be done very quickly. it's finding the evidence and looking at all of the blood at the scene and seeing which, if there's anything there that the might have come from a different person. rachel: can i get a quick yes or no from you based on what you know about the way these kids were murdered, do you believe this is a crime of passion? in other words, do you believe that one of them at least knows the killer? >> yes. i think this was a targeted

killing. i think crime of passion would be reasonable for whatever reason. it wasn't robbery, it wasn't rape -- rachel: right. >> and the other two people who didn't hear anything weren't attacked, and they may have been far away enough in the house, it's a big house, that hay -- and sleeping, they didn't hear anything that went on during the stabbing. and the people that were attacked were collateral, could be collateral damage because they may have seen perpetrator, and he reacted to that. rachel: sure. all right. dr. baden, thank you so much for joining us this morning. we appreciate your expertise. >> thank you. rachel: okay. still ahead, fox weather alert, a snowstorm paralyzing parts of upstate new york as nearly 80 inches of show falls in some neighborhoods. rick reichmuth is tracking it. plus, crypto collapse. how did ftx soar in popularity

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rachel: staying on top of our fox news alert, 5 people are dead and 18 others hurt after a gunman opened fire inside a gay club overnight. we're now learning that customers stepped in to help stop the attack. the club released a statement saying in part they are, quote,

devastated by the senseless attack on our community. we thank the quick reactions of the heroic customers that subdued the gunman. the fire department cap chain -- captain was also on the scene. >> working with pk, we were -- pd, we were able to get everybody transported in a quick manner and get them to the hospitals where they have definitely a better chance for their injuries. rachel: officials are still working to identify a motive. the gunman is in custody and undergoing treatment at the hospital. and a fox weather alert, hundreds of rescues underway as a monster storm slams western new york with up to 77 inches of snow. the lake effect snow dump paralyzing the region leaving residents stuck at home behind mountains of snow. buffalo neighbors came to the rescue of bills' players. the players were snowed in ahead of their game in detroit against the browns today. let's turn now to chief meteorologist rick reichmuth for

our fox weather forecast. rick. rick: rachel, you know what happens when you have to move mountains of snow? rachel: no. rick: you move it into bigger mountains of snow. rachel: that's true. rick: it's got to go someplace. bigger mountains of snow that are probably going to be there until about may or so when we get that melt eventually from those big piles that are going to be created. take a look at the weather maps, show you what i'm talking about. we saw 77 inches of show from this storm in orchard park. that's where the bills play. 73 inches in hamburg. lake erie, lake ontario saw is incredible amounts of snow. watertown the, 57 inches, and just to the south of watertown today is where we're going to continue to see a little bit more of that snow falling. water temperatures mt. great lakes have cooled considerably from this event because the future lake effect snow is going to be less intense. more to come today, though this is kind of the end of the

system, another maybe 3-6 inches south of the buffalo area, and by tomorrow things clear out and complete digout begins. rachel, back to you inside. rachel: you know why i didn't happen? because i made a deal when i moved to wisconsin, i don't deal with show. [laughter] snow shoveling, never. rick: yeah, i know. [laughter] rachel: thank, rick are. will, pete? pete: rick's got a lot of fans behind him. super gel isous. [laughter] you're heard about the ftx crypto collapse, but what actually happened? and how did a multibillion dollar company lose all of its value almost overnight? will: let's go off the wall and do our best to explain a complicated story and examine where it started, starting with sam bankman-fried, the founder of ftx, importantly a hedge fund named alameda research.

pete: he's 30 years old, went to mit, clearly a smart guy on some level. he founded alameda research in 2017 and later ftx. good timing for him, by the way, right at the leading edge of when crypto started to take off. a lot of interest in research and leveraging arbitrage, and he started an exchange which is effectively a place where you can trade crypto. will: so consumers would have wallets or accounts with ftx, and the story goes the investigation needs to confirm that there was sort of a back door at ftx where $10 billion made its way from ftx back over to the hedge fund alameda, which was having trouble at the time. pete: that's exactly right. alameda made some really good, early bets, made a lot of money. then as crypto started to dive, alameda became insolvent. so sbf said i've got a bank other here of other people's money that they had put into ftx, and he loaned it to his company to try to make it

solvent. he says, he calls that transa poor judgment call. there was nothing in the terms of service in ftx that allowed them to take your money if it was in ftx to bail out alameda research. will: the new york times use terms not unlike what pete just used, a poor investment decision. they did not use theft, fraud or a crime. and real quick if you can, explain the role of their own token. pete: yeah. so ftx issued its own token, ftt token. here's what they a didn't do though, they didn't tell you how many there are the. paymentsly in bitcoin, there are only 21 million that will ever be created, so you know there's limited supply. the price can good luck what it as a -- fluctuate as bullet. with ftt, the value was tied to nothing. will: imagine mcdonald's printed its own money. they called it mcbucks. and they said it's worth whatever they want it to be worth, and hen hay sold that a

money or borrowed against that money and, ultimately, somebody goes, you know what? mcbucks aren't worth anything, and then this whole thing palls apart. pete: yes. will: that's where we are now. how does the whole thing begin to fall apart, pete in. pete: all right. where a's the next slide? what happened was none of this was transparent until there was a leaked balance sheet out of alameda that showed that the majority of its balance was in ftx borrowings from holders who had put their money in there. so someone knew books were being cooked and leaked that balance sheet, and it started to cascade as more questions were being asked. will: remember, i said he loaded it up with debt. he borrowed against his fake money, ftt, ask that's where companies like binance who were looking to perhaps bail out ftx goes, wait a minute, this token, this ftt token, it's only worth what sam bankman fried tells us it's worth, and i don't want anything to do with this.

pete: and the binance ceo, i can't pronounce his name, let's go with cz, they were going to bail out ftx, hey, we'll buy you while you're down. he had a day to look at the financials -- will: look under the hood. pete: there's no way we can absorb company, it's a total disaster, so that deal fell apart which led to the bankruptcy proceedings not just of alameda, but ftx as well. will: cz, the man behind binance, who took a look at the books, he spoke to fox business' susan li this week. >> as soon as we discovered that he actually moved user funds without disclosing that and basically was lying to everyone, i said, look, this guy is probably going to be in a lot of trouble, most likely going to jail. [laughter] pete: he looked at the books and realized he's going to jail, we're not buying the company. will: well, we'll see, will he go to jail? because there was something else sam bankman-fried was doing, he was donating to politicians, in essence, buying an insurance policy. he donated in the latest

election cycle $40 million to politicians. now, i want to point two things out. we're going to focus on democrats, and that's important. it wasn't only the democrats. he had business partners who also donated to republican, and republicans and democrats who sat on the committees planning to regulate crypto. this is dirty all around, but primarily when it comes to sbf focused on democrats. pete: he knew, everyone knows regulation is coming for the crypto space, so sam bank bankman-fried said let's own the regulators -- will: buy 'em. pete: to the tune of $40 million. not exclusively democrat, but over 90% democrat in hopes he gets a seat at the table. this is a guy who knew, ultimately, what he was doing if found out would be criminal, so you have to protect that process, make it less transparent for your own benefit. will: second biggest owner in that election cycle to george soros for democrats. now, this is where house

republicans have said the investigation if will go, because now people are wondering if there were actually other connections as well in here. he donates to democrats, democrats back joe biden. joe biden has been voting to send funds to ukraine. things become difficult to parse, but we do know in ukraine they were receiving donations via crypto and using the term partnering with crypto, specifically ftx. pete: again, there's a lot eau we don't know, as you pointed out. this becomes a black hole for a lot of reasons are. that's why house republicans are looking to investigate precisely what that means. but no doubt he believes-a beneficial relationship. -- this was a beneficial relationship. he appeared in a lot of international conferences, specifically on crypto, some on health care alongside politicians. we're going to do another edition of off the wall next hour when we talk about other scammers. they often do this, it's a telltale sign, get close to politicians because they'll be

less likely to look at your business activities. will: it's important to note we don't know yet what happened here, but we do know sam bankman-fyked was funding anything of -- fried was funding anything of interest to him, pandemic era research, talking about things that would disrelate i've member tin -- discredit i've very member tin the. okay, we took half a million dollars from sbf to fund our journalism, he was everywhere. pete: now we're going to distance ourselves. maxine waters, prominent democrat, was is asked about those donations. here's or what she said. >> reporter: do you think some lawmakers that got donations from ftx's founder should give that money back? >> i don't want to get into that. both sides, democrats and republicans, is -- have received donations. pete: by the way, we're going to leave it there for purposes of time, but the same guy who worked on the enron bankruptcy is working on this one now. he says never in his career has

he seen such a complete failure of corporate controls, never in his career. the guy that work on the enron case. will: and the tentacles go everywhere, media, big pharma, medicine, maybe foreign policy, certainly politics. we're going to do this later in the hour, a part two on this ftx scandal which really touches so many parts of our public life here in america. pete: exactly right. coming up, the 2022 fifa world cup kicks off today. fox sports world cup analyst demarcus beasley is here.

[cheers and applause] will: today today the 2022 world cup kicks off in qatar, and here with a preslew is u.s. men's national team legend, demarcus beasley, four world cups for this guy right here. [laughter] missed in '8. he played all over the world. demarcus is an american legend when it comes to soccer. first of all, you excited? you going? >> yeah, i leave tomorrow. will: we kick off today, but usa's tomorrow against wales. they're in the group with iran, wales, england. we have to get out of group first, right in two teams get out of group. >> yes. will: will will we get out?

>> 100%. they're a young team, they're new. we only have one player that has world cup -- but they're hungry, man. will: i don't want to say everyone. i'm a big soccer fan, christian is the star, i'm sure he's one of the guys, who else should we be watching? >> brynn erickson, he's been playing lights out for behe's, i think he's a really good player and i think he's going to be the really strong. will: it's like a ted lasso story, you've got several americans playing in england with club. okay. so you got us out of group, demarcus. how far do we hope america quos? >> after that it's looking like if the cars play itself right, we might get hold an. holland's tough. i played there for two years in psv, so i know how they play and their style, but i think the usa, if they can get past the group stage, it's all about one

game. will: okay. one game at at a time. who are you picking to win? >> i'm going back andport. i do think it's going to be a south american team. i i think it's going to be the brazil -- will: i'm going brazil as well. demarcus, thank you so much, man. hey, watch usa/wales tomorrow on fox, coverage begins at 1 p.m. ♪ ♪ luxury exemplified. innovation electrified. with apple music seamlessly integrated. dupixent helps you du more with less asthma. and can help you breathe better in as little as 2 weeks. dupixent is an add-on treatment for specific types of moderate-to-severe asthma

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rachel: we're back with a fox news alert at least five people are dead and 18 others are hurt after a gunman opened fire inside a gay club in colorado springs overnight. >> club now revealing customers stepping in to help stop the attack. the club saying in a statement in part, that they're devastated by the senseless attack on our community. we thank the quick reactions of heroic customers that subdued the gunman. police and the fire department captain were all on the scene. >> but working with pd we're able to get everybody tr