tv America Reports FOX News December 1, 2022 10:00am-11:00am PST
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so cute. i'm sure the parent is please step away. >> most importantly, in a home -- >> not what they are thinking. thinking oh. >> a loving home, a beautiful family of faith. >> kayleigh and sean, everything our parents did to make us sleep is illegal now but it worked. definitely worked. love you both, congratulations. >> congratulations. >> all our love to all four. thank you everyone for watching. now here is "america reports." >> john: emily, thank you. huge congratulations to -- from us to kayleigh on the birth of her second child. fox news alert, awaiting a news conference with president biden and emanuel macron ahead of the state dinner at the white house. >> sandra: plenty of questions to answer, we will take you live to the white house as soon as that is underway. >> the failure of ftx is shocking to all of us, not only for the misconduct but also for
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the speed of the collapse. >> public reports suggest a complete lack of risk management, conflicts of interest, and misuse of customer funds. simply no place for such behavior, especially in our financial markets. >> john: lawmakers and capitol hill holding their first hearing into the shocking collapse of crypto exchange ftx and customers and investors wonder where all their money went. john roberts in washington. happy friday eve to you. >> sandra: you as well, and big congratulations to kayleigh and sean and new baby nash as well. sandra smith in new york, this is "america reports". the senate agriculture committee is the first of three congressional panels to hold a hearing into the downfall of ftx and focus on what the government should do to prevent another collapse like it, including how to regulate the cryptoindustry. >> john: sam bankman-fried made
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several media appearances to address the handling of customer funds but avoided pressing questions regarding potential criminal conduct committed by him and his company. >> a lot of people look at you and see bernie madoff. >> yeah. i mean, i don't think that's who i am at all, but i understand why they are saying that. people lost money and a lot of money. a question of what happened and why and who did what. what caused the meltdown, and i think that is, reads very differently. >> sandra: hmm, complete coverage begins now. indiana senator who serves on the committee is moments away with his take-aways from the hearing. first rich is live on the hill for us. so, are strict regulations coming to these crypto markets, rich? >> well, sandra, that seems to be the idea from many on capitol hill but it is unclear when that
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might happen, what the specifics will be, even who is going to get to regulate all of this. which agency. that's what the senate agriculture committee started to look at today. the first hearing on this ftx collapse you might ask why the agriculture committee, they have jurisdiction over commodities markets, financial derivatives, and they want more authority to examine platforms like ftx. >> somehow 2% of u.s. customers have exposure to ftx. folks will find a way to get exposure to offshore entities or activities even if it's prohibited in the u.s. and we have to do something about that. >> ftx is in bankruptcy, and the former ceo is accused of transferring $10 billion from his platform to fund risky bets. also faces an investigation by the sec and justice department.
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the collapse of the crypto exchange means it could owe up to a million creditors money, major financial firms to investors who handed over a few thousand dollars. >> do you have a plan to get us our money back, who is on our side, why are you not in jail? >> bankruptcy courts tried to unravel the mess. john ray has taken over as ceo and says he has never seen such a complete failure of corporate control and ray worked on enron's bankruptcy. bankman-fried was also the second largest donor to democrats over the previous midterm cycle, he now claims he quietly gave as much money to republicans. he told the "new york times" he's only got one credit card left, and says he never tried to commit fraud. won't be surprised if he ends up here testifying on capitol hill. another hearing on the house side in a couple of weeks. sandra. >> sandra: a lot there. thank you. john. >> john: bring in indiana
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republican senator from the agriculture committee and he was there for the fxt hearing. sam bankman-fried did not appear. senator, how much can you really learn with him in the bahamas and you here in washington and neither one of you in the same room or at least listening to each other? >> so i don't think we are going to learn a lot today but you know it's serious business when every committee member shows up. many of whom have gotten some contributions from sbf. so, this thing is going to unfold in an interesting way. look back to the .com crisis back a couple decades ago. that's probably the closest thing we had where all the companies have really no book net worth, they have not made any money, all of the money they have is raising it from capital and you get into the speculative kind of a frenzy.
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so this, i think, was even a little more arcane, many don't know what cryptocurrency is about. it can have volatility, did not want to answer things not directly related to regulation but we have a lot to learn, not only about the industry components of it, it is going to need some regulation if it's going to probably grow in an orderly way and we need to make sure we don't overregulate it because i think it's going to be around, it's had such grassroots underpinnings. a lot of that has to do with people worried about sovereign currency in the long run. >> john: you brought it up, let me drill down. nine members of the agriculture committee received money from sam bankman-fried, a huge democratic donor and some republicans as well. six of the nine members have said they will give donations to charity. we have not heard, though, from mitch mcconnell, john thune and
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joni ernst, and you did not receive any money, but what should those republican members of the committee do about the donations in your mind? >> this would be one of the things i would not hesitate on. i think you give it back. you never would have taken it had you known this was going to unfold and i think that anybody that benefitted from it, you know, it was a ponzi scheme. a lot of these fledgling industries fueled by capital only not operations, and especially in something arcane like blockchain and cryptocurrencies, digital currency, we have a long way to go if you don't put a little regulation in it, don't kill the baby, don't kill the infant industry that's trying to grow, it's going to be a tricky dynamic. >> john: you know, as we pointed out, sam bankman-fried is in his luxury home in the bahamas.
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he did appear virtually in the "new york times" deal book summit yesterday he said "i did not ever try to commit fraud on anyone." in an interview with george stephanopolous and "good morning america" did admit to not paying enough attention to the risk associated with what he was doing, this is what he said. >> if i had been spending an hour a day thinking about risk managementx i don't think that would have happened. i think i stopped working as hard for a bit, you know, honestly. if i look back on myself. i think i got a little cocky, maybe more than a little bit, and i think part of me like, you know, felt like -- like we made it. >> john: felt like we've made it, i got cocky a little bit, maybe more than a little bit. what should he be saying to all those people who lost cumulatively billions of dollars besides i got cocky? >> well, in a more mundane
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business where i was an entrepreneur, you always had to make a real book profit before you started getting into his kind of activities. he not only got a little cocky, he was never grounded to what really makes companies successful. not only the hype of what might be, not only the fact that you could raise a lot of capital, you got to actually run it and build confidence a little bit at a time. this stuff that seems too good to be true, it generally is. and again, i think we are here to stay on blockchain for all of its other benefits. digital currency. many sovereign currencies are not running their fiscal house in order and helps people across the world. off to a shakey start, though. >> john: let me ask you, we have a minute left senator about the legislation coming over to the senate from the house on the rail strike. first of all, where do you come down on the overall bill that would prohibit a rail strike and where do you come down on the
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secondary bill, seven days of paid sick leave? >> a lot of political overtones too, the administration said don't worry bit, we are going to work this out. with all of the stuff they put us through, inflating the economy, shutting down the supply chain, they are in a pickle. this is very political at this point, so a lot of these amendments don't make that much sense. the workers, i am concerned about. big corporations, highly concentrated, need unions to be a counter weight. the the benefits and the collective bargaining, they ought to do that themselves. sadly, into a cul-de-sac, on to the brink, more bad news on top of a shaky economy. i think that legislation will pass. they got ahead of themselves saying they took care of it now we have to deal with it. >> john: will you vote for it, the main bill and potentially the subsequent bill? >> i may vote for all the
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amendments and the bill itself, and kind of, you know, do it reluctantly, because i do believe if we have a rail strike at this point, it's going to put a lot of hurt and pain broadly across the economy. i blame it on the other side for getting us here to where we have this last-minute drama. >> john: ok, thank you for your time, stir. senator mike braun from indiana. may be a lot of people who do that sandra, hold their nose and vote knowing what the damage to the economy would be if the rail unions did go on strike and stopped all the rail from carrying all the goods across the country. >> sandra: indeed. and byron donalds, the republican from florida will join us next hour as we await the news conference, a live look at the white house there where this is set to be underway soon. joint press conference with emanuel macron and joe biden, part of the french president's three-day state visit there. a lot of hot topics on the table
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and important questions asked to the two world leaders when this is underway a short time from now. >> john: i was there in 2018 in the very room for the last state visit from macron, when president trump was president, and macron not too happy with the biden administration over a number of different issues. >> sandra: obviously trade issues, the war in ukraine, a lot of big items. >> john: submarines. >> sandra: indeed. all right. on to this. new investments in the killings of four students at the university of idaho. police walking back claims one or more victims was targeted in the attacks. this as forensic test results begin to arrive. christina coleman is live in moscow, idaho. what are the police saying now? >> hi, sandra. well, let me tell you, there has been a ton of confusion since last night over whether these
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attacks were targeted. based off the statements that police were providing, initially they said it was a targeted attack, and last night said it was unclear if it was targeted, now a new statement we were handed moments ago they say they still believe this is a targeted attack. the statement reads "our clarification last night directly addressed comments made by county prosecutor thompson who said the suspect or suspects specifically looked at the residents and one or more residents were undoubtedly targeted. we remain consistent in our belief it was a targeted attack but not concluded if it was a resident or occupants." and also some progress, idaho state police say investigators are starting to receive forensic testing results from a climb lab. this tight knit community continues to grieve. parents of three of the victims attended a candlelight vigil at the university, and police have not confirmed where the victims
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were found in the rooms in the off campus home, the father of kaylee gave some insight as he explained how his daughter was best friends with madison mogen up to the end. >> they started looking at colleges, came here together, they got into the same apartment together. and in the end, they died together in the same room, in the same bed, and it's -- it's a shame and it hurts with the beauty of the two always being together something that will -- it comforts us. >> also in an exclusive interview with fox news, the father of madison expressed how tough it is, his daughter, his only child is now gone. >> every time i wake up i remember what's going on, and it's like -- that's -- i don't know how you ever get used to
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this, it's never going to -- >> life will never be the same. >> -- go away. >> we continue to reach out to moscow p.d. on this case because there are so many unanswered questions, but one thing remains very clear. this killer is still on the loose. sandra. >> sandra: christina coleman on the latest out of idaho for us. we'll keep following it, christina, thank you. >> john: troubling the way it shifts back and forth with the police. we want to take you to the white house where inside the two-minute warning for the appearance of president joe biden along with the french president, and activity we suggest maybe longer than two minutes away, but apparently two-minute warning was given. the first state visit president biden has happened but not for macron, he was here in 2018 with then president trump. >> sandra: and he and kamala
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harris visited nasa headquarters, and john kirby said france is not only the united states oldest ally, but key partner on international issues, including the war in ukraine and tensions with china in the indo-pacific region. >> john: strong case to be made the united states might not exist if it was not for france's help during the revolutionary war. an interesting moment in 2017 when i accompanied president trump, then president trump to paris for the bastille day celebration, and that's where the bromance blossomed, things have changed somewhat since then. >> sandra: the president's made in america plan, it has fueled some anger across europe at what is described as a critical moment as the u.s. continues to try to keep its western allies aligned against russia's war in ukraine. this is just some of what could
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come up, we know the world leaders will be taking part in the first state dinner hosted by president biden which will happen tonight, john. >> john: on the menu, 200 maine lobsters, not sitting well with some democratic members of congress from maine who are saying president biden back in 2020 promised he was going to help the lobster industry and overall blue collar fishing industry and has done nothing, so there is more than a little irony here. some might call it hypocrisy in the president serving maine lobster. a couple hundred of them while the same time not doing anything to help out the industry. the industry also under fire from conservationists and environmentallists. whole foods has stopped carrying maine lobster, at least for a little while, so the president also running afoul of environmental groups who are upset at the lobster industry. all a convoluted thing, we will
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take it up with our political panel later in the program. >> the president of the united states and the president of the french republic. >> please, take a seat if you have one. it's great to see you all today. president macron and i have had a chance to spend some time together, private dinner last night with our wives, and we just came to tell you that we are leaving. no, but -- it's wonderful to have him here. we have had a great conversation and always appreciate the opportunity to share ideas with you, mr. president. and especially enjoyed our time that jill and i and bridgette had in the visit, the first time
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i've gone to a private dinner in washington in a long, long time, i had the protection of the french government with me. but all kidding aside, france is one of our strongest partners and historically, but one of our strongest partners and most capable allies, and emanuel is also a friend in addition to being president of the great country. we share the same values and we remain core common agenda address all challenges together and occasionally some slight differences but never in a fundamental way, at least i've been in washington, and that's been more than a couple years. today france and the united states together with all our allies, all our nato allies and european union and g7 stand as strong as ever against russia's brutal war against ukraine. we talked a lot about that in
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our bilateral meeting. and we will continue the strong support for the people of ukraine as they defend their homes and their families, and their sovereignty and territorial integrity against russian aggression, incredibly brutal. i knew russia was but did not anticipate them as brutal as when they have been and doing, many reporters in the room have been there themselves and covered from there and they know what it's like. today we reaffirm as i said we are going to stand together against this brutality. and we will continue the strong support for the ukrainian people as they defend their homes and their families and their nurseries, their hospitals, their sovereignty, integrity, and against russian aggression, and i want to thank you, mr. president, for welcoming the people of france have given to over 100,000 ukrainian refugees. it's a mark of who you are as a people. and fleeing putin's just
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barbarous -- putin attacking civilian infrastructure to ukraine, choking off energy to europe, to drive up prices, food crisis, hurting very vulnerable people, not just in ukraine but and the world. and he's not going to succeed. president macron and i have resolved that we are going to continue working together to hold russia accountable for their actions and mitigate the global impacts of putin's war on the rest of the world. united states is helping europe diversify away from russia natural gas in the immediate term and accelerating the clean energy transition and work in close partnership with europe as we move forward. i well come the progress we have already made on many of these issues through the task force on
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energy security and today we also committed to deepening cooperation between france and united states on civil nuclear energy through our bilateral clean energy partnership. around the world france and the united states are working to strengthen stability and security. we share the division, the same vision in the indo-pacific. looking for one indo-pacific is free and open, prosperous and secure and will continue to strengthen our cooperation to defend core international principles in the indo-pacific, including freedom of navigation and freedom of overflight. we are working together to support the middle east, that is more integrated, peaceful and prosperous, and thank you president macron for his efforts to help bring about the historic maritime boundary agreement between israel and lebanon. and also stand with the people of iran and the french and united states are working together to hold accountable those responsible for the human
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rights abuses to counter iran's support for russia's war and en ensure iran does not, does not acquire a nuclear weapon. and looking forward to hosting the u.s. african leader summit, he has much to add, france has much to add. also going to deepen our engagement listening to and working with our african partners to help strengthen the governance and security and economic opportunities across the continent and tackle our time. and cooperating in outer space, coordinating defenses and, excuse me, coordinating defense of our space activities to strengthening scientific efforts to monitor earth's changing climate. and we are, we had a detailed discussion of the inflation
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reduction act. we did talk about that a good deal. united states and europe share the goal of making bold investments in clean energy to immediate the challenges of the climate crisis and to build, and to build industries of the future, including batteries and green hydrogen. and strengthen and secure the supply chains, manufacturing and innovation on both sides of the atlantic. we ask our teams to follow up on this part as ongoing u useu consultation continues. and leading efforts for the global health and global health security. president macron visits -- visit falls on the world aids day, and i want to particularly highlight our joint effort to reach our goal of ending the aids epidemic
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by 2030. a goal we set, a goal we are going to accomplish and goal we are sticking with. and to do it we have all the tools we need. make finishing this fight a top priority for not just the two of us, but for other nations as well. i'm proud to take the baton from you, president macron, and host the global fund replenishment conference, building on france's strong record of leadership. we raised $15.7 billion the united states and france as the two largest contributors to the global fund and will save literally millions of lives. if i listed all the areas where cooperation between france and the united states was delivering -- were delivering meaningful progress, we would be here until dinner type. but, so let me just close by highlighting our long-term investment to deepen the ties between our people, particularly the u.s.-french fulbright
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program, celebrates 75th anniversary and facilitated thousands of exchanges between our students, educators over the last decades. it's been critical to our relationship. it's a key part of ensuring that the future of this vital alliance remains strong and vibrant for generations to come. so emanuel, thank you again for all that our nations are doing together and cooperation. my administration to build the foreign policy around the strength of alliances and france is the very heart of that commitment. so merci, my friend, i look forward to work with you and i used to say in the united states senate, the floor is yours. >> merci, mr. president. >> voice of translator: thank you, mr. president. thank you ever so much for these
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words that very much reflect the discussions we just had. but most importantly, thank you very much for your warm welcome and indeed together with my wife we were very pleased to share this moment together with you and your spouse last night and let me tell you how honored and moved we are, my delegation and myself to be here invited by you on the occasion of this first state visit by your administration, and regarding the relationship, we said it this morning and you just said it again, heritage is based on sacrifice on so much and i would like to say that over the centuries every time there was something vital at stake we were there, one for the other, without any doubt, without any
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hesitation, and this is very much to structure the rest of it. it is this spirit that is prevailing in the current circumstances since last february, and i did not repeat what president biden perfectly described and dear joe, indeed you very much discussed what we are doing in ukraine. we condemn this war, led the diplomatic actions to condemn this war. war crimes committed by russia on the ukrainian soil and we support both the ukrainian army, that is resisting the ukrainian population, resisting as well and please allow me to very much thank the united states of america for all the support provided because this war is impacting the european soil.
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and confirm the initiatives we will be taking once again in the coming weeks and month to keep supporting, to strengthen our support to the ukrainian troops and to enable them to resist. we also agree to continue to work together to support the ukrainian people to help them presift because we can very well see that the russian war effort is targeting the civilian infrastructure. putting even more violence to try and make the ukrainian people desperate and make it impossible for them to survive this winter. this is the reason why we decide to organize on the 13th of december a conference to support ukraine and very much would like to thank you for the close cooperation in preparing for that event. and we working in close cooperation with president zelenskyy based on his ten-point
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plan that he proposed and also would like to take this opportunity to commend the efforts of president zelenskyy to find a way, a path to peace while leading the heroic resistance they have been organizing for the 10th month. we agree, help ukraine resist, never give up anything on the u.n. charter, prevent the conflict and make sure that when the time comes on the basis of conditions to be said by ukrainians themselves, help build peace, and i believe your positions being so clear, it is something important to us because we both are working for sustainable peace. we also talked about the direct and indirect consequences of this war, including on food security, energy security for the entire planet, and initiatives in the g20, the g7, very much go in that direction,
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and we also recall this morning all of that -- all we are doing to try and help all countries to weather the consequences of the conflict on their economies. this morning we also had discussion on the ira and the pieces of legislation adopted by the american administration, and like president biden just said, we agree to resynchronize in order to invest in critical emerging industries, semi conductors, batteries, everything that is absolutely decisive because as a matter of fact, we share the same vision and the same willingness. president biden wishes for more industrial jobs for his country and strong industry and supplies
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and us as well. in close cooperation, coordination to find solutions on the topics we identified and of course, we will coordinate with all of the europeans and with you to have an agenda that will only bring more jobs, industry jobs in the united states as well, in europe, and guarantee the strength and resilience of our supply chains and to do that with strong integration. these european work is also the one we want to divert on all of the issues on our agenda, and president just said it, what we would like to do as well is work on number of topics of the future, and we had some working sessions and ministers and teams have been working as well so that we could approve an agenda of hope and for the future. like i said this morning, in the
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space industry, research, exploration, as well the industry of the future, civil nuclear industry, with some common research projects, in particular, on the most advanced technique because i believe i can say on behalf with of both of us that the civil nuclear industry is very much part of the energy mix in which we believe in that will not only bring jobs but enable us as well to have a secure supply and to meet the climate objectives. we also talked about the quantum -- a number of stakeholders, innovation and delegations are here to illustrate the work that is taking place so that we can work on that common agenda. lastly, we also have our commitments on the major international challenges, i would say feeding on the relationship as well, and i can
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only tell you once again how pleased we were with your choices that very much match your history and your campaign commitments, the fact that you are back on major international challenges such as health and climate. it is really a new deal and we have been resisting a number of years and now we are able to reengage with you. and on this day of world aids day as well, we very much continue to work to together by 2030, and how much has been achieved by both our countries which are major contributors to the global fund to deal with, of course, eradicate aids, but also other diseases for the benefit of the most fragile populations. and the same goes in our relationship when we are doing everything we can to deal with
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climate change and biodiversity. of course we want more innovation, we want to promote solutions on climate change, but we also very concretely acknowledge a number of initiatives in the respect on the state visit. emerging countries to support on development and climate change. and playing a key role in the attempt to organize next summer, new partnership between the north and the south and very much along the lines of providing more resources to the southern countries and as well reforming our main international financial institutions with the reform of the world bank and a number of existing tools. and regarding the biodiversity
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we had lunch yesterday, and here again, willingness to have an agenda which is extremely ambitious, in particular we will be working together to prepare for the one for the summit in africa at the end of the next semester. and this topic is very much at the heart of the ones who will be covering with the african countries coming to washington in a few days. so here again is views between us. and lastly, we will continue to work together to fight terrorism and to act for peace and of course my thoughts go to our soldiers who fell in afghanistan and the middle east in africa over the past few years to fight for the security of these regions of the world and of all
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countries, and here again, please allow me to say once again we are committed in the international coalition in the middle east through our military action and we will continue to do so because this fight is not over yet, and it is important to remind all of our allies and partners that we need to continue to work, to fight terrorism in the middle east and the near east. and i would like to thank you for all your very valuable support over the past few years for the fight against terror, including in africa, and that enabled us to have very concrete resource, including a bit over the past few weeks. and we will continue to work together. i could carry on the entire afternoon, we could talk about the indo-pacific, the way we are organizing our presence in the indian ocean. to put things right, dear joe,
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you elegantly thanked france for the role we played in the historical agreement between israel and lebanon. we did our utmost to finalize the accord, but let me be honest, i think most of the work was yours. so i think it was the work of the utmost importance and lebanon is so dear to us and they needed this accord in the context of everything that is still on the agenda for lebanon in the coming weeks and month. ladies and gentlemen, i very much meant to thank president biden because what he said i will again say as well, you are not just a lead we are whom we share many values, many battles. you are someone with whom we are having some very frank and respectful discussions on any
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topic and you also became friends and so thank you ever so much for this warm welcome and for the importance of being able to spend some time together now, mportant for a joint future. thank you. >> thank you, emanuel. i began to refer to him privately as my closer, that deal with lebanon and israel. we did negotiate, we needed a closer to get the job done. all right, we are each going to call on two people, total of two people, total of four all told, and the first questioner is going to be from afp, miss andt. >> a question for you and -- [inaudible]
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question, i did not hear any of it, did not understand a word of it. i'll answer it. look, the united states makes no apology and i make no apology, since i wrote it for the legislation you are talking about. but there are occasions when you write a massive piece of legislation and that has almost $368 billion for the largest investment of climate change in all of history, and so there is obviously going to be glitches in it and need to reconcile changes. for example, a provision that says there is an exception anyone has a free trade agreement with us. that was added by a member of the united states congress who acknowledges that he just met allies, did not mean literally free trade agreement. a lot we can work out. the essence of it is we are
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going to make sure that the united states continues and just as i hope europe will be able to continue not to have to rely on anybody else's supply chain. we are our own supply chain, and we share that with europe and all of our allies and they will have the opportunity to do the same thing. so there's tweaks that we can make that can fundamentally make it easier for european countries to participate and/or be on their own. but that is something that is a matter to be worked out. there is no fundamental -- never intended when i wrote the legislation, never intended to exclude folks who were cooperating with us. that was not the intention. the intention was to make sure we no longer were in a position when there was a pandemic in asia and china to decide if they are no longer going to sell us computer chips. we invented the damn things, you know. so -- anyway, but my point is we
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are back in business, europe is back in business, and we are going to continue to create manufacturing jobs in america but not at the expense of europe. >> voice of translator: what we have been -- what we have been discussing with president biden and what he just said and what i talked about yesterday, that simple, united states of america adopted a piece of legislation for their country, for their industry which -- with a common objective, goal that we share. creating jobs, creating opportunities for the middle class and succeeding in implementing the energy transition. the reality is that the consequences as we have seen in our discussions, it is certainly not the intention of the united states, but as a matter of fact, growing, developed in europe. such a difference in subsidies,
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not these projects might come to an end, and number of senators yesterday said it was certainly not their intention. so france did not have the exemption or -- for our economy but to discuss the consequences of this legislation, and the news, the circumstances mean that we have no alternative but to work together. so, therefore, i believe we need to resynchronize, as i say, find a new policy to clarify our goals and continue together and the discussion we had this morning was extremely clear, and i could feel the very same intent on behalf of the members of the congress yesterday. the wish of president biden is to rebuild a strong industry here and to have somehow, to secure some technology solutions for the future.
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france wishes exactly the same thing for itself, and we have been fighting day in and day out to do the very same thing in our country, and this enables us to put an end to some 15 years of industry lost in our country and to have new manufacturing jobs and so we'll be working on that and we decided to do that together with the other members of the european union and the european commission so we will work on the technical elements to make sure there is no domino effect on ongoing projects in europe. we want to succeed clear, exactly the philosophy i share and it is the one that i need. >> voice of translator: presidents, on behalf of rtl
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radio. in french, president biden says there is no love, only proof of love. do you feel that your french friend will go home very much reassured, do you feel you were able to reassure your european friends and to be more precise, president macron, do you have some specific lines or specific industries in relation you are hoping to have some adaptation of the economic policies of the united states? well, first of all to be very clear, we have some work to do with the europeans on semiconductors, hydrogen, batteries, we will move forward as europeans and not here simply to ask for prove of love. we came to agree on a strategy and clarify what was necessary to clarify and we did. now we are conducting our work and cannot ask the united states
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of america to adopt whatever rules would be necessary to deal with europe, but we need to have the same ambition and very much synchronize and in addition we clarified things today on a number of discussions frame works, and it is the coming weeks and months we will deal with that and fairly quickly. these projects are ongoing. for me, there is some very clear strategy. we have had some very frank discussions and i believe accordingly that in the coming days the discussions we'll be having with the european commission, the close -- we will -- the discussions will have in close cooperation with our german partners and others, enable us to very much clarify all of this without any difficulty.
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i'm confident with what is to be done on the european side, which is a good thing. >> i'm confident. [laughter] that's my answer. [laughter] ok. who is the next question? i have my list here. my turn to call on someone? ok. how about npr. >> i have a domestic request he for you and mr. macron, a question for you about ukraine. but first, president biden, do the freight rail workers deserve more than one day of paid sick leave, like millions of americans have? and if so, why didn't you negotiate for that when you were helping to negotiate the contract that you now want congress to impose? >> i love you guys, i negotiated a contract no one else could negotiate.
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only thing left out is whether or not it was paid leave. you know i've been trying to get paid leave, not just for rail workers, for everybody. but the other team, they are called the republicans, they voted against it, they said we couldn't do it. one of the few nations in the world that don't have paid leave for the workers. we can't afford -- by the way, the meantime, 45% increase in salary, etc., a lot of good things that happen in that. and in fact, this shuts down over the question of 1 t5 paid, or 7 to 9, whatever the number is, being negotiated of paid leave days is going to immediately cost 750,000 jobs and cause a recession. i made it clear is that, what was negotiated was so much better than anything they ever had that it's worth, and they all signed on to it, by the way, only four unions out of the 13 or 14 that did not agree. the majority at the time that i presented it, they asked me to do it, i presented it, they all signed on.
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but here is the story. that doesn't mean because we are going to pass this god willing by friday, by the time -- by the weekend that i'm going to back off of paid leave. i make it clear. i'm going to continue to fight for paid leave for not only rail workers but all american workers. i imagine it may surprise some of our european friends there's no paid leave in the united states of america. we are one of the few major countries in the world that don't have it. it's about time, and so that's the context in which this all took place, and you know, and labor signed on to it as well as you recall, initially. there were four unions out of the i think 13 or 14 that didn't like it. and, but i think we are going to get it done, but not within this agreement. not within this agreement, we are going to avoid the rail strike, keep the rails running, keep things moving, and going to go back and we are going to get paid leave, not just for rail workers, but for all workers.
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>> president macron -- president biden is askin$38 billion of ad funding for support for ukraine. there's been some pushback from republicans in congress saying that they cannot continue to write a blank check. so, do you have confidence that the united states will be able to continue supporting ukraine's defense in the way it has over the past year in the months going forward, and did you talk to president biden about trying to urge ukraine to negotiate to end this war, you know, especially with winter bearing down, and the effects on energy prices? >> look, i do thank president biden and his administration for the great commitment for ukraine and the ukrainian people. and let me just say that our two nations are made of values and
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history. and what's at stake in ukraine is not just very far from here in a small country somewhere in europe, but it's about our values and it's about our principles. and it's about what we agreed together in the u.n. charter, protecting sovereignty and territorial integrity. and this is why i do believe that having the u.s. strongly supporting the ukrainians in that time is very important, not just for the ukrainians, for the europeans we are, we thank you for the solidarity. but for the stability of our world today. if we consider to abandon the country, and abandon the full respect of the principle, it means there is no possible stability in this world. so i think it's extremely
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important to have you so much committed. i'm confident because i think your people and your president do endorse, we will follow up our own support. we increased our military support, increased our economic support, we are increasing our humanitarian support, and for the second question you raise, let me tell you that we will never urge the ukrainians to make a compromise which will not be acceptable for them. because they are so brave and they defend precisely the lives and nation and our principles, and because it will never build a sustainable peace if we want a sustainable peace. we have to respect the ukrainians to decide the moment and the conditions in which they will negotiate about their territory and their future.
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>> this will be the last question. [inaudible] [speaking in french] >> voice of translator: we hear you will not be talking to president putin any time soon. what is your approach, and as the ukrainian war seems to be a turning point, do you feel realistic that president zelenskyy is putting a condition to open negotiations and that is the return of crimea to ukraine? >> look, there's one way for this war to end, rational way. putin to pull out of ukraine, number one. it appears he's not going to do that. he's paying a very heavy price for failing to do it, but he's inflicting incredible, incredible carnage on the
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civilian population of ukraine. bombing nurseries, hospitals, children's homes, it's sick what he's doing. the fact of the matter is, i have no immediate plans to contact mr. putin. mr. putin is -- choose my words very carefully -- i'm prepared to speak with mr. putin if in fact there is an interest in him deciding he's looking for a way to end the war. he has not done that yet. if that's the case, in consultation with my french and my nato friends, i'll be happy to sit down with putin to see what he wants, has in mind. he has not done that yet. in the meantime, i think it's absolutely critical what emmanuel said. we must support the ukrainian people. the idea that putin is ever going to defeat ukraine is
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beyond comprehension. imagine trying to occupy that country for the next 2, 5, 20 years if they could, if they could. he's miscalculated every single thing he initially calculated. he thought he would be greeted with open arms by the russian-speaking portions of the ukrainian population. go back and read his speech when he invaded, when i said they were going to invade and they did when we said they were. go back and read the speech he made. he talked about him needing to be another peter the great. he talked about the need for the people who have kyiv, the mother lode of russian identity, etc., etc., he has miscalculated across the board. so the question is, what is his -- how does he get himself out of the circumstance he's in? i'm prepared, if he's willing to talk, to find out what he's willing to do. i'll only do it in consultation
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with my nato allies. i'm not going to do it on my own. thank you. >> voice of translator: regarding your question and the preconditions or the conditions set by the ukrainian president, i believe that what is important for all of us to look at is that as ukraine is resisting, suffering from war crimes, attacks on the structure, leading counter offensive, president zelenskyy presented a ten-point peace plan, so we need to continue to engage in him. a willingness on behalf of ukraine to discuss these matters and we acknowledge it and we commend it. and for a number of years i was
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monitoring the minsk agreement and meeting, december 19th, i was with chancellor merkel and i can tell you i saw a president who was sincere in his willingness to talk and to negotiate and since he was elected until may, president zelenskyy was very much willing to talk and negotiate. the one who wanted to go to war, to wage war was president putin and including when i visited russia and ukraine at the beginning of february, so it's only legitimate that president zelenskyy sets some conditions to talk, we need to work on what could be the peace agreement, but it is for him to tell us when the time comes and what choices of the ukrainians are. so, once this has been set, i
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will continue to talk with president putin and talked this morning with president biden because we constantly will try to prevent escalation and to get some very concrete results so i will talk to him about security and safety of nuclear plants in the areas that are being claimed, including zaporizhzhia in particular, and over the past few months work on the chernobyl nuclear plant and outstanding work going by the iaea, so we will continue. thank you so much. >> ladies and gentlemen, distinguished guests, please remain in your seats until the official delegations have departed. >> john: peter doocy trying to
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get another question to president biden but the two on -- two and twos as they are called are highly diplomatically sensitive, they agree they will take two questions and then exit the room. a little bit of news there, not a whole lot. sandra, macron saying he will continue to talk to putin what to do in ukraine. president biden saying that he is willing to sit down with putin if putin shows a willingness to end the war in ukraine, and a little bit of news there as well on the rail strike. >> sandra: warning on the rail strike that it would cause a recession, john, obviously as they still work towards a solution, and vladimir putin, while he says he continues to fight that war in ukraine, the president urging all support back here at home saying i have no immediate plans to contact vladimir putin, so that is that, about an hour long, john. >> john: to digest all of this, molly hemingway, what do you want to start with
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