our powerful va home loan benefit. it lets you borrow up to a full 100% of your home's value, not just 80%. with home values near record highs, that could mean a lot more cash than you imagined. and at newday, there are no upfront costs to get the cash you need. for the holidays arriving to find his mother lying in a pool of blood, dead. >> what happened to mom was her worst nightmare. i'm committed to getting the word out about this outrageous tragedy. >> sandra: that tragedy just the latest in atlanta, where gang violence is pushing deadly crime into a once safe suburb, buckhead. >> john: families say if atlanta will not keep them safe, they will do it on their own.

and the man leading the secession fight coming up. >> sandra: the murder of a woman in the gated community will be a wake-up call to ditch democrat-ran atlanta and form its own safe city. i'm sandra smith in new york. >> john: good to be with you again, sandra. john roberts in washington. we will get to the tragic story from america's crime crisis in minutes. after this fox news alert. >> all right, here we go any moment now, we are expecting to hear from prosecutors about the charges which led to the bahamas arrest of sam bankman-fried, and they are accusing him of swindling investors out of billions of dollars,

bankman-fried had been living the high life even and his investors were counting losses. >> john: the police putting him behind bars at the request of the feds here in the united states, and happened hours before he was supposed to testify in front of house lawmakers. obviously that did not happen, and people are asking questions about the timing of the takedown. david spunt joins us with the latest. >> damian williams, the u.s. attorney in new york will be doing the press conference in a few minutes and why last night, why was sam bankman-fried arrested hours before he was to testify. he was going to testify from the bahamas, so he says, one notable thing with the local prosecutor is they say sam bankman-fried was a flight risk, so perhaps there may be some information that bankman-fried was getting ready to leave the bahamas, perhaps go to another country, that's why at the last minute

the officials at the request of the u.s. came in to arrest him. it's also notable that on the actual indictment that was unsealed today, it says filed december 9th, which was on friday. so, clearly this was in the works over the weekend. he was picked up yesterday. he's now in bahamian custody, a court hearing and they believe, john and sandra, he is a flight risk. >> john: the court hearing has been delayed a bit, it should resume in about ten minutes or so. we will find whether he will be extradited to the u.s. >> sandra: one of the biggest questions in all of this, where did that money go? we'll ask kelly o'grady, here from the fox business network. >> such a simple question with a very complicated answer. because the company just lacked a standard record keeping system intentionally or not intentionally, so we are looking to map about 26 billion in

total, i've been digging into this for weeks, talking to sources, pulling blockchain ledger records and pouring over information. just over a billion has been recovered by new management and a lot of value was lost in poor margin trading and the cryptoindustry in general over the past year, but also spent a bunch. ftx and alameda spent billion on venture investments, a few million here and there, meta theory, ukalabs, and spent heaps on sponsorship and celebrity endorsement deals, and planning to pay taylor swift $100 million. from the charges filed as well as court documents, the company insiders paid themselves over a billion in loans, bought hundreds of millions worth of real estate in the bahamas and used company profits to finance those political donations. a lot of that money can be clawed back in bankruptcy, not great news for politicians that

have spent those donations, but tracing where every dollar went will take time. >> is that months, weeks, as quickly as possible? >> it certainly is not weeks, it's definitely months and the causes of action could take longer, but we will martial assets and do it as quick as possible. >> like putting together a jigsaw puzzle but not only missing a few pieces, you don't have a picture of what you are putting together, so that's why it's going to take so long. >> sandra: i think initially it was all very confusing until we realized it really wasn't. this was a man who was swindling millions and millions out of in some cases everyday investors looking to get an edge. thank you very much, kelly, for joining us on that, as we await nor news. >> john: the white house set to hold a briefing, and expect ftx to come up in the questioning. jacqui heinrich will be in stayed the brady briefing room,

she is live on the north lawn. >> officials have not commented yet on sam bankman-fried's arrest, but the white house has been calling for some time for better regulation of the crypto space after a so-called stable coin collapsed in may and wiped out $600 billion in investor and consumers funds. the president signed an executive order after that calling for the government agencies to analyze risks of digital assets and technology, nine reports were reported for, and basically calling for measures to mitigate risks and increase enforcement of existing laws. last month, president biden joined other leaders in calling for international rules to govern this fast growing crypto space and mitigate risks for financial stability, and the financial stability board proposed some rules to subject

the markets to the same rules that govern traditional finance. janet yellen seemed to support the idea, saying the fall of ftx demonstrates the need for the same level of protection, wrote the recent failure of a major cryptocurrency exchange and the impact of holders and investors of crypto asset demonstrate the need for more oversight of the cryptocurrency markets. and congress needs to move quickly to fill the regulatory gaps the biden administration has identified. we expect some questions in today's briefing about what steps exactly the white house is pushing for congress and what they may do for better regulation in the space. >> sandra: we'll let you take the beautiful hat you are wearing off and back into the brady briefing room. >> sandra: if you are going to be cold, stylish and warm as well. brian style sits on the house finance committee, went ahead with the hearing on ftx even

without the star witness, sam bankman-fried. a lot of moving parts here, sir. thank you very much for joining us. first off, what is your take away from today after this man was arrested in the bahamas last night? >> i think that we have a lot more questions. we have questions as to the timing of the indictment by the department of justice. it should be a dream for a federal prosecutor to have the target of their grand jury investigation testify before congress under oath. they moved this quickly in the final hours and prevented him from testifying today. the testimony we have from the court appointed ceo of ftx, there's a lot of questions, and in particular, the bahamian authorities are not providing assistance they should be to try to protect americans who had money in ftx. >> sandra: jonathan turley was on with us last hour and said for the first time he's taking a case where prosecutors are stopping the key with it from making incriminating statements. that is really something -- this is beginning in new york city

now, we will dip in and listen to any update on what we are learning about this alleged crypto con man, live to new york city. >> southern district of new york. one month ago ftx, one of the world's largest cryptocurrency exchanges collapsed. destroying billions of dollars in customer value overnight. and for every day of the past month,, the dedicated prosecutors of this office and our partners at the fbi, sec, and cftc have been working around the clock to figure out what happened and to begin the process of seeking justice. this morning we unsealed an eight count indictment charging the ftx founder with a series of interrelated fraud screams that contributed to the collapse. i authorized the charges last week wednesday. a grand jury here in manhattan indicted mr. bankman-fried last

week, friday. we obtained a warrant for his arrest and that arrest was executed yesterday in the bahamas. let me be clear. my remarks today are going to be limited, that is by design. this investigation is very much ongoing, and it is moving very quickly. but i also want to be clear about something else. while this is our first public announcement, it will not be our last. the indictment has eight counts but effectively it outlines four different areas of misconduct. first, bankman-fried defrauded customers of ftx.com, the cryptocurrency exchange he founded. and alameda research, proprietary hedge fund. defrauded investors in ftx and violated campaign finance laws. now, let me say a little bit

more about what we allege in the indictment. first we charged that from 2019 until earlier this year bankman-fried and his co-conspirator stoles billions from ftx customers, used it for personal benefit for investment and cover expenses and debts of his hedge fund, alameda research. secondly and relatedly, charged that bankman-fried lied to alameda lenders about the source of the money he was using to pay those debts. third, we charged that earlier this year in the midst of the crypto crisis, he lied to investors in ftx about the fact he had sent billions in ftx customer money to alameda. and fourth, we charged that bankman-fried violated campaign finance laws by causing tens of millions to be made to candidates and committees associated with both democrats and republicans.

these contributions were disguised to look like they were could go from wealthy co-conspirators, when in fact they were funded by alameda research, with stolen customer money. in all of this dirty money was used in service of bankman-fried's desire to buy bipartisan influence and impact the direction of public policy in washington. to anyone who was watching this or hears about this prosecution, if you believe that you have been a victim of these schemes or you have information about the conduct that we have alleged in our indictment we have unsealed today, please let us know. to any person, entity, or political campaign that has received stolen customer money, we ask that you work with us to return that money to the innocent victims. and to anyone who participated in wrongdoing at ftx or alameda research and who has not yet come forward, i would strongly

encourage you to come see us before we come see you. now, let me say a word about our partners at the fbi, the sec, and the cftc. the women and men of fbi are some of the finest public servants in this country and they have been with us since day one in this investigation and there is no one, no one better to work with. i want to thank the brilliant lawyers, the investigation is complex and is sprawling. we embrace that kind of challenge here in the southern district of new york. and we always want the cftc and the ftc by our side when we are doing that. and thank the career prosecutors from my office handing the case, nicholas rose and danielle, and scott and matthew, chiefs of our securities and commodities fraud task force. i want to acknowledge the contributions and hard work of the prosecutors from our money

laundering and trans national criminal enterprises unit, including samuel and jessica and tara, and chief of our public corruption unit, rebecca. this should be very clear but it's an all hands on deck investigation here at sdny and i could not be prouder of the team i'm privileged to lead. and i want to invite up to the podium fbi assistant director in charge, michael driscoll. >> thank you, damian. so, thank you all for joining us this afternoon for this important announcement. this case came together in great speed, only possible to be standing here through cooperation through many people and agencies. as the indictment alleges, bankman-fried knowing defrauded

through the misappropriation to pay expenses and debts of a different company. he executed deliberate transactions to obscure and disguise the misuse of customer funds. he preyed on his customers, the victims of this case, abusing the trust placed not only in his company, but in himself as the lead of that company. we are determined to help the victims of this case get a sense of justice, and we will continue to make every attempt to recover as much of their funds as possible. if you are willing to deceive customers and attempt to hide your actions, we will be persistent in pursuing you and ensuring you are brought to justice. i want to thank damian williams and his team at the southern district for their cooperation and partnership on this case. i also want to thank our partners at the sec and cftc, and dea aviation division and foreign operations group for

logistics and resource assistance. our field offices in boston, miami, washington, d.c. and bridgetown. fbi headquarters components that fed and worked on this case from criminal investigative division, our team crisis incident response group and international operations division. and of course, special agents from, and forensic accountants from our securities fraud squad as well as the money laundering squad. the justice department office of international affairs has been an important partner in this, and of course as damian noted before, his team and securities and commodities fraud, money laundering and trans national enterprise unit is a true partner in the case. and thank the international law enforcement partners. they do not happen without that kind of coordination and i want to note assistant provided by the royal bahamas police force and i want to be clear.

this case is about fraud. fraud is fraud. it does not matter the complexity of the investment scheme, it does not matter the amount of money involved. if you mislead and deceive to take what does not belong to you, we will hold you accountable. and i would like to thank everyone working on this case for helping us adhere to that principle today. thank you. >> good afternoon, everyone, i'm the director of the sec division of enforcement. today in the parallel civil complaint the sec filed charges against sam bankman-fried that he had a years' long scheme, a company he co-founded and led as ceo until collapse last month. as alleged in our complaint starting in 2019, and continuing through november 2022,

bankman-fried raised more than $1.8 billion from equity investors on the basis of lies. you see, ftx operated behind a veneer of legitimacy that bankman-fried created by among other things, repeatedly touting to investors ftx topnotch automated risk controls that he claim protected customer assets and by repeatedly claiming that those assets were at all times safe, segregated and secure. but as we allege in our complaint, that veneer was not just thin, it was also fraudulent. because in reality, from ftx inception in 2019, bankman-fried began secretly and improperly diverting ftx customer funds to his cryptohedge fund, alameda research. and alleged in our complaint he then misused those funds to make undisclosed venture investments, lavish real estate purchases,

and large political donations. bankman-fried's claims about ftx sophisticated risk controls and other customer protections were simply bogus. similarly, his representations to ftx investors and trading customers concerning alameda were also part of that carefully crafted veneer and similarly false and misleading. he frequently claimed alameda was just another customer with no special privileges at ftx. in truth, bankman-fried directed alameda be exempt from the very risk management measures he touted to ftx investors and customers. he also provided alameda a virtually unlimited line of credit funded by ftx customers, and he also diverted billions of dollars in customer funds from ftx to alameda. bankman-fried's entire house of cards start today crumble as

crypto asset prices plummeted in may of 2022, and alameda lenders demanded repayment on billions in loans. to continue propping up his empire, we allege that bankman-fried diverted billions more in ftx customer assets to alameda, even as it was increasingly clear they could not make customers whole. through the summer of 2022, he diverted hundreds of millions more in ftx customer funds to alameda, then used for additional venture investments and for loans to himself and to other ftx executives. all the while he continued to make misleading statements to investors about ftx financial condition and about its risk management. and even in november 2022, faced with billions of dollars in customer withdrawal requests that ftx could not fulfill, bankman-fried mislead investors whom he sought more money to

plug the multi-billion dollar holes he had created. his brazen multi-year scheme finally came to an end when ftx, alameda, and the tangled web of affiliates filed or bankruptcy on november 11, 2022. that collapse has had far-reaching consequences for ftx customers, investors and counter parties. and our investigation into those consequences and those individuals and entities involved remains ongoing. but one immediate take away from today's announcement should be noncompliant trading platforms pose dramatic risks to customers and investors. among other things, they don't provide them with the same robust level of disclosures and protections against fraud and conflicts of interest. that's what traditional u.s. registered security exchanges provide. it's imperative the noncompliant platforms come into compliance. as chair genzler has made clear,

the runway is shorter to register with us and for those who do not, the enforcement division stands ready to take action. i would like to recognize the incredible team from our crypto assets and cyber unit and across our division responsible for today's action. devlin, ivan, david, brian, patcha, investigated under the supervision of amy, and supervision of ladan and olivia, and under the leadership of damian williams and partners at the fbi and cftc. yet another strong example of the collaboration you see before you this afternoon. with that, i'll turn it back to u.s. attorney williams. thank you. >> i would like to welcome

gretchen lowe from the cftc. >> good afternoon. acting director gretchen lowe, division of enforcement at the cftc, thank you for the opportunity to speak today. today the cftc filed a complaint against sam bankman-fried and his companies, ftx and alameda, charging a fraudulent scheme that dates back to the launch of ftx.com exchange in may of 2019. cftc complaint charges fraud, misappropriation of customer funds, as well as false statements to the public, customers, investors and congress about the handling and security of those funds. as alleged, over 8 billion in customer losses that we have ascertained as of today. the rippling consequences of defendant's fraud are vast and have done significant damage to the integrity of the market.

at his direction, customers, customer deposits intended to be used to trade digital asset xhod i future swaps and other products were not appropriately segregated by ftx. instead, held in alameda accounts where they were co-mingled and misappropriated, political contributions and luxury real estate. as charged, the fraudulent use by bankman-fried and companies were inconsistent with the touted ftx terms of service and contrary to public statements made by bankman-fried. >> sandra: we are going to continue to monitor the news conference out of new york city, sdny with an update on the

alleged fraudster, sam bankman-fried, a few victory laps there, interesting, this is basically the group of regulators that missed this happening in the first place and missed it for months, john, basically until this guy wiped out and handed them the case. >> john: it's not like the feds took him down, he took himself down. he wrapped up, he gift wrapped this case like rowan atkinson in "love actually" at the department store, and incriminating statements, and imagine if he had gotten before congress, the gold mine of information the sdny would have had. but to our david spunt, he may have been a flight risk, and he may still be, so i would expect that he's probably not going to get out on bail. >> sandra: it is remarkable what we just heard there, so we'll see what happens next.

we have the congressman standing by, can we get your reaction. you were listening, congressman, and you sit on a very important committee that is directly involved in all this. what was your take-away there? >> we heard a wholly litany conducted by him, the timing of the department of justice is suspect at best. but the big question for policy makers, why was this company from the bahamas in the workplace, there is not a regulatory framework for the united states innovating here, and further, congress has been asleep at the wheel. the securities and exchange commissioner has not been before the committee in over two years, that changes when we take back the speaker's gavel from nancy

pelosi. >> sandra: there were red flags, we know for sure, we have rolled tape on terry duffy, head of the largest exchange in the world in march saying he knew this guy was a fraud, pointing out there's no way he could be conducting business in a way that would pass any regulator, and still this was allowed to go on, and congressman, why were these funds co-mingled, alleged profits co-mingled with donations to politicians. >> you have a whole host of questions. internal corporate controls of ftx are horrific, and see the court appointed ceo walk through and say it's worse than enron, that speaks volumes. we have questions as to why they are outside the united states, why are regulators asleep at the wheel and don't have accountability in washington under one party democratic control. >> sandra: a lot of people are pretty surprised with what they just heard there and wonder if the regulators are on it. i don't know if anybody got warn and fuzzy by watching that news

conference. thank you very much, appreciate you staying with us. thank you. >> john: bring back in jonathan turley, george washington news previous and fox news contributor. as sandra was pointing out, a lot of high fiving, way to go, we got this guy. they didn't get him, he got himself. they just picked up the pieces after it fell apart. >> right. sort of like saying you bagged big game when the elephant found your house and died on the doorstep. it's not exactly the effort of the feds. in fact, what they are describing is sort of a wild wild west. very few rules here, and that allowed this to occur. what was interesting in my view, all the references to alameda, and the fact that these two companies worked together. this raises what we talked about earlier with caroline ellison. i mean, what they are saying is there was co-mingling of funds,

they shifted funds to fund these things, robbing the first company and shifting to the second. and the question, no indictment of caroline ellison. it's like indicting laurel but not hardy. why -- why isn't she being mentioned, and that's going to fuel questions as to whether she's cooperating. >> john: that could be covered. yeah. >> and the more they are giving details, it does raise questions as to why isn't the other major figure here also indicted. >> sandra: jonathan, i know you were listening to every word of that news conference. i mean -- do you think these guys understand finance? do you have confidence in our regulators? >> well, i do, look, i have confidence, they are professionals, they know a great deal, particularly the sec is good at this stuff but the problem, sandra, we have so few rules that govern this.

take a look at these two individuals. you know, these young people, both kids of faculty at mit and stanford, obviously bright, obviously precocious. but look at what they are able to do, you realize there was virtually no adult supervision, very few limits on what they could do. and when it all came crashing down, it's fine to blame bankman-fried for what happened. but where was congress, where were the executive branch agencies. it's not like it's anything new, people have been talking about the fluidity of the market and uncertainty for years and everyone is acting like claude reigns that they are shocked this could occur in the market. >> john: you are the master of the metaphor, no question about that. do you expect the doj will make an example out of fried and send

him away for a long time? >> oh, look, listening to this press conference, he doesn't have any good options at this point. he's already made public statements that worked against his interest. he was just about to seal his own fate by testifying in congress and we can debate again why the justice department effectively stopped that from happening. he's already done great damage. he admitted if he spent a few hours a day he could have avoided this fraud. wait, what? we are talking about billions of transfers co-mingling, using money to buy lavish lifestyle and real estate purchases. all of that's going to be played against him in court. it's all admissible. but it is very clear that this is an all hands on deck call and these agencies are going to grind him. and these are -- these are the types of charges, i have to tell you as a criminal defense attorney, i fear the most.

things like wire fraud, it's so darn easy for prosecutors to establish those crimes. >> sandra: you look at the players involved, though, and you look at those that received donations, and yes, there's a lot of democrats and republicans that did as well. you look at the celebrities that got involved and you go back to what you just heard, and you realize jonathan, most financial asset classes have rules. the rules just don't apply to this asset class, and i think the really important question here is why. and it's clearly an asset class, and this was, you know, an instrument that was being used for profits that were then given as political donations for political influence as the prosecutors just laid out there, so why -- why is the -- do the rules not apply to this asset class, and why is that not changing faster? >> yeah, actually, sandra, that last count on election financing

is really fascinating because bankman-fried's mother was supposedly involved in some aspects of that, ran a large democratic fund for elections, his own father was reportedly paid as an employee, they were in the bahamas. but you are left scratching your head, did we just have an honor system, billions of dollars and you really, we want you to do the right thing? it's really bizarre to see how people can shift billions and billions of dollars with virtually no restraints or oversight. but that leads again to the question of who facilitated this. this was not a one-man wrecking crew. this guy did not do all of this alone. people had to be involved in those transactions, transfers, co-mingling, and one would expect more indictments to come. >> john: probably just the tip of the iceberg.

but when billions are at stake, the honor system never works. jonathan, great to get your legal take on this. appreciate it, a lot more to talk about in the days and weeks ahead, maybe years, too. we are still waiting for the white house briefing, likely hear more questions about this and the other headlines of the day, among them, the border, when title 42 expires critics say it will be worse than what we have seen so far. bill hagerty ahead. >> sandra: and in atlanta, saying enough is enough. could the latest crime be shocking enough to convince them to take troda stand. we will speak to the man leading the effort. she's a lot more active. and she's able to join us on our adventures. get started at longlivedogs.com

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>> sandra: the father of the college student missing in

france issuing a warning to others studying abroad. father of ken deland says a french law is preventing him from getting more information about his son's disappearance. >> in my gut says he's safe but i just can't get my head wrapped around why he has not reached out, and that's -- that's what puts the fear factor really in your gut as to the whereabouts and the safety of your child. >> sandra: so difficult for the parents. american college student was reported missing on november 29th in france. investigators are now saying that he may have left voluntarily after having difficulty making friends there. john. >> john: sandra, an atlanta community is in mourning after a 77-year-old grandmother who friends say moved to the gated buckhead community for safety was stabbed to death at her home. police believe ellen bowls caught the suspect trying to steal her lexus from her driveway before he stabbed her

to death. the latest of a string of violent crimes, pushing the neighborhood to secede from greater atlanta and form its own police force. bill white, ceo of the buckhead city committee and the man leading the secession charge. paces west, when i lived in atlanta i used to drive by every day on my way to work, and it's shocking in this gated community, in a nice neighborhood this woman was stabbed to death by someone who might have been after her car. what is this going to do, and there's a picture of the perpetrator there, the person believed to be the perpetrator, what is this going to do for the purpose of buckhead to try to secede from atlanta. >> our hearts go out to the family of elinor, i spoke with her son michael yesterday. we grieve for that family. it is a heinous, horrific

tragedy in the community, and brings the murder right in buckhead to what we had two years prior. a galvanized catalyst as we move forward. public safety should be number one, john, and public safety in atlanta is not number one. the city of atlanta can no long protect and defend buckhead. atlanta is too big, it cannot hire enough police officers, the only alternative for us since atlanta is either unwilling or uncapable politically to stop crime is create buckhead city. it is not fun talking about this at all in the midst of this heinous crime. but we want to honor mrs. bowls' memberly by making sure this never happens again to another grandmother or beloved mother of two boys ever again in buckhead.

we are listening now that he had a rap sheet, john, as long as your arm. >> john: i wanted to get to that if i could, bill. we have the picture of the alleged perpetrator here getting into the lexus or trying to get into the lexus, put that back up, that belonged to ellen bowls and you have tweeted out a picture of a lengthy rap sheet with the name antonio brown, the person in police custody and you blamed in the tweet the fulton county district attorney fanny willis for bowls' death. tell us how you make that connection. >> you are damn right, you are damn right. these d.a.s, including ms. willis, who have 18 lawyers, whether you like donald trump or not, she has 18 lawyers going after this man for a phone call. i don't know what that's going to do to reduce crime in fulton county but we say enough is enough. she should have been prosecuting

this guy and he should be in jail right now and this crime should not have happened. listen to this, john. the he was involved in a burglary just prior to this, atlanta police were called. the owners of the liquor store he robbed were chasing him and it took over 20 minutes for police to respond to that. that's not the police's fault. there are not enough resources in the city of atlanta for those cops to have responded. maybe they would have gotten him and he wouldn't have gotten to mostly sunny bowls. so the situation is so tenuous here, but fanny willis has blood on her hands for focusing on ba l baloney. >> john: michael bowls, her son, says he's going to dedicate himself to making sure something good comes from his mother's murder, that it leads to a

change, i'm committed to getting the word out about this outrageous tragedy and understand none of us are safe. i hope people read the story and understand it and maybe we can collectively effectuate some change. i will carry that message forever for mom. this was a lovely neighborhood in the western part of buckhead. there was a shooting in 2021 of a fella who was just walking down the street, an even nicer neighborhood, crime is so widespread across atlanta that people who thought they were safe by virtue of the nice neighborhoods they lived in are not safe. and then there is the situation of what's happening in the neighborhoods that have historically been plagued by crime, even worse there. i mean, i don't know if buckhead will be able to secede from the city of atlanta, the first time out it was not successful, but

not just buckhead, it's everywhere. >> that's true. if i was living in south atlanta you would hear me talk about forming a city in south atlanta. but my concern is buckhead, that's where i live, i'm here to protect my family and whose homes have been burglaried, and we have two bills, i am praying to god the leaders will allow us to vote. maybe it won't succeed at the ballot but an opportunity to decide their own destiny. you want to continue living in a criminal's paradise known as atlanta, we do not respect the police, do not back them, or do you want to create a beautiful new city that will love on our police and give us no more crime here. that i think is a good choice to put on the ballot, don't you? >> john: well, again, you know, i don't live in the city of atlanta anymore, but to see what

has happened to the city of atlanta since i left in early 2017, really is quite disturbing. and places that were thought to be relatively safe no longer are, and you wonder, bill, where you can go to be safe. >> yes, please forgive my passion. i just -- i am so, forgive me, i'm very emotional today. i'm sick and tired of coming on your beautiful networking talking about murder after murder or carjacking. the neighbors five houses down were home invaded last week, the criminal beat up both of them to try to steal the car, enough is enough. >> john: bill, we will follow your efforts. appreciate it. >> thank you, john and sandra. >> sandra: horrible what happened to that woman there. we are watching the white house right now, the white house is holding a press briefing, karine jean-pierre just took a question on the ending of title 42, what it means for a greater surge

over the southern border, answering that now. >> the president put that out there on day one. >> positive smoke signals on the omnibus negotiations where they are going, are they closer to the end game you want or too early to tell. >> phil, i think you have asked me this question almost every time you have been in the briefing room. you love appropriation, i understand that. and our view is this. and i'm repeating myself here as we have talked about this over the past couple of weeks since, certainly since the midterm elections which is there was a bipartisan agreement that was done last year on this and we believe that it could be done again this year. and there's enough time to get this done. this is not a partisan issue. we are talking about bipartisan issues here, when we talk about the american people, national security, we talk about public health, public education, all key issues that matter for all

americans across the country, and so again, we are just going to continue to encourage congress to act and to get this done. >> thank you. does president biden support or oppose legislation that is stalled in congress to create a 9/11-style commission to investigate the u.s. response to the covid pandemic, what is the white house position on this? >> i think this has been asked during jen's tenure, i would have to go back to the team and see if the position has changed. >> what was the position? >> i know this has come up, i just don't have anything new to add, to go back and ask and see where we are on that. >> but does the administration support it or -- >> i just answered your question. i said i know it has come up in the past but i don't know if we have changed our position.

>> is there a sense with the president signing the respect for marriage act that that makes it settled in america or is there still some concern that based on some comments from justice thomas or the potential for other litigation that this could still be an issue that would be explored in the u.s.? >> so, i think a couple of things there. look, this is an important civil rights accomplishment that achieved, that was achieved in a bipartisan way and it got that support, right, and when the president signs it today it will build on generations of civil rights advocacy that brought us to this historic moment. so, that's important to note, but look, we understand, in spite of this important legislation, it is also true that there are extremist conservatives who appear bent on taking away fundamental rights, including marriage equality. this bill provides an important measure of security and

stability for lgbtq+i families and children, and also attacked as we know, sadly, and legal attacks on marriage equality will continue to persist. >> sandra: we are going to continue to monitor the news conference, daily press briefing. jacqui heinrich is in the room. when she begins her questions to karine jean-pierre, we will dip back in. bill hagerty, before we lose you, sir, it's a busy day for you. can i please ask you, obviously about news of the day when it involves the border, and as it involves fentanyl pouring over that border, we have interviewed and spoken with far too many parents here on this program, senator, who have dealt with losing a child to this fentanyl crisis and now with the ending of title 42 there is concern what we are seeing now is nothing compared to what we will see when that comes to an end. what are we doing about this in

this country? >> well, sandra, you touched on what is i think the crisis facing america and due directly with the youth. number one killer of young people between 18 and 45 is drug overdose. majority fentanyl coming across the pourous southern border. i've tried to stop it, the stop fentanyl border crossing act, it was blocked in april after they took down the use of title 42, no longer a pandemic, the health reason up to announcement i tried to modify title 42 to make fentanyl and the threat of fentanyl crossings one of the reasons the border patrol agents could use title 42, the last tool in place. we are seeing the tidal wave. when 42 is lifted it will turn into a tsunami. more deaths as a result of this. the democrats continue to block

it. >> sandra: a huge forecast, a tsunami you are calling it. senator, a family member of a fentanyl victim, this is an interview we did with denise shanahan back on november 18th. >> a year prior to her death she was clean and then she got caught back up in it. she actually had a bed waiting for her but it was just a day too late. try not to close your eyes to this. it's there. they are targeting even elementary school kids now, so just be aware. >> sandra: that was heartbreaking. >> it is heartbreaking. >> sandra: and parent after parent who goes through this, they are trying to warn people how often it's happening and how easily it happens. one pill can kill. so, are you convinced that we can do anything about it? i mean, "the washinton post" has this out, cause of death, washington faltered as fentanyl

gripped america. the white house office of national drug control policy, headed by the drug czar, and tasked with the government response spent years if he saiding off elimination and struggled to create effective strategy to combat the scourge. they remained sidelined, and also laid out how washington has failed every step of the way fighting this fentanyl crisis and a failure they say stretches presidents and agencies. so, what are we going to do differently today? >> well, i hear that, again, that's why i'm trying to get my legislation passed. i'm not going to stop. i'm glad "the washinton post" is finally taking a look at this. they have turn add blind eye for far too long. what "the washinton post" fails to encounter, the cause of this, the biden administration, and they are incorrect when they say other administration's have not tried. i was on the phone with white house staff during the g20 in

argentina in 2018 when president trump told president xi of china directly that he wanted to see the flow of fentanyl stopped coming into america. president xi agreed to stop it coming into america with president trump. when he didn't agree to was to stop sending it to mexico. now we know where all the fentanyl is coming from, and you think about it, mexican cartels, multi-billion dollar operations, working in partnership with the chinese communist country, ship it across the southern border and kill the kids. number one cause of death in 18 to 45, over 100,000 deaths last year and far worse when title 42 is lifted if we don't fix it with my legislation. >> sandra: the cbp put out another bust, over a million and a half fentanyl pills they were able to stop. they are concealing it by all means, gas tanks, quarter panel, rocker panels, and getting it over the border and to america's

children. thank you for that. >> thank you for bringing light to this, sandra. >> john: eyebrows raised after vladimir putin canceled his yearly news conference, hours' long marathon event he's held for a decade. with his war in ukraine suffering setbacks, feels like he does not feel like taking any questions. bret baier, this was quite a surprise because every year we sit back and we watch this for hours upon hours as putin answers any one of a number of questions, but this year looks like he did not want to say anything. >> that's right, good afternoon. i think mainly because of the situation in ukraine, if you had to guess, but also questions about his health, where russia is going next. russia is seeing a drawback not only of personnel but a shortage of artillery and the u.s. is stepping up announcing that the patriot missile system to going to ukraine, the most advanced surface to air missile to

counter the missiles coming from russia on the ground and that's expected to be announced as soon as thursday. >> john: we had ambassador kurt volker on the show the last day and he suggested that vladimir putin may soon find himself in trouble. i asked him how the ukraine situation was going to end, and he said "putin is going to keep fighting as long as the russian elites allow him to," but it's more and more costly for russia, so i would say some time next year i think the russians are going to rein him in because it's too costly for russia, and he thought there might be a health issue the russian elites cite but suggested that putin may not be long for the presidency. >> and that's what zelenskyy has talked about as early as yesterday, as late as yesterday, he should say. he said if vladimir putin was dead, the russians would likely not be doing what they are doing. which is kind of provocative

statement from the leader of the country they are fighting. but clearly russia is seeing some setbacks, and whether this press conference cancellation has to do with his health or those setbacks, we don't know. but that's what we are seeing on the ground, according to all the experts, including general keane and others. >> john: i asked volker, as insulated as putin is, who would it be to rein him in, he thought it might be the military. the oligarchs would not do it. >> also the prospect of somebody getting in power not much different than putin. >> john: u.s.-africa leaders summit kicks off today, meeting with president biden. he's got some work to do, the president, to counter china's moves in africa. china says we will build the big infrastructure projects and loan the money, and if you can't pay us back in cash, we'll take your

natural resources. belt and road initiative is tying up areas of the world the you states has ignored. >> 150 nations, dozens in africa, talking about billions and billions of dollars, and the trump administration was aggressive this, biden administration is softer pitch, it's a different approach. >> john: see how it goes, we'll keep following the meetings. bret, we will follow you on special report tonight at 6:00. >> see you, john. >> john: all right, see you soon. sandra, a heck of a day for a tuesday. >> sandra: really was, and back to the news conference, it's really something. people understand the story now as i was saying earlier to our reporter kelly o'grady, a little confusing if you did not understand cryptocurrency or the crypto markets or the exchange, but this was just fraud, i mean,

end of day. >> john: seems the very definition of a ponzi scheme, collect money in one area and shift it to another area and the people who gave you the money will not get paid back and neither will the ones who the money got shifted to. i mean, it's crazy. >> sandra: massive, and red flags were being ignored for quite some time. >> john: but they figured it out in the end. >> sandra: kudos to them. see you >> martha: thank you. good afternoon. i'm martha maccallum. 30-year-old sam bankman-fried is increasingly hot water. now still in the bahamas. he's charged with fraud with money laundering and a bahamian prosecutor says if he denies the extradition plan, that when he gets here, they're saying the judge should deny him his bail. this as his arrest yesterday got him out of testifying on capitol hill. he was expecte