tv FOX and Friends FOX News January 2, 2023 3:00am-4:00am PST
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he is an adult now set. 19. so, again, these laws are failing new yorkers, failing no, making our streets and our cities and i am from rural upstate new york it's dangerous up here too. >> todd: the entire state is a disaster. congresswoman claudia tenney, thanks for joining us here on a monday. "fox & friends" begins right now. ♪ ♪ i can't believe she's mine ♪ now all i see. >> steve: live from new york city, it is monday, january 2nd, 2023 as you look at earth cam view, you know, it was just less than 48 hours ago that that square was filled with close to a million people as you look as
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that traffic is on -- let's see on seventh going downtown leferls from all over the world came from times square to ring in the brand new year. it's great to have you here. "fox & friends first" was before us. you know, i started to call the show "fox & friends first." we just did that show. it's hard -- you know, it's interesting, when you click into a new year how many times you write the last year on a check. >> nicole: absolutely. not just a check, think of everything you have to sign and date. it takes a solid month to finally get it right. >> griff: who uses checks. all do you now is use your phone. you don't have to worry about these things. in the week i have been here filling in. for you which was really a lot of fun. i have been taking the subway. you touch your subway to the thing and it lets you through and you don't have to do the math of 22 or 23.
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receive steve is the subway safe? >> griff: no. definitely not. >> steve: it's great you got here today. >> griff: yes. it was a trek from the ocean to get here. >> steve: nicole -- dr. saphier. between the trip of the subway and what he did on new year's eve into new year's day was ridiculous. >> nicole: i can't keep up with what griff is doing between the surfing and cycling. the only way he can use the phone is he technologically savvy. >> steve: you are a doctor you can use a phone. >> griff: i'm not technologically savvy. this is daytona beach. >> steve: what are you wearing? >> griff: last week our viewers chose that can jacket we gave them amazing wardrobe department had a couple different jackets. producers imposed my head on ugly jackets. that one won. i was able to go surfing.
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first waives caught at 1:15 a.m. >> steve: you were in the atlantic ocean at 1:00 in the morning. and here you are how entering up. you were in daytona beach. how were the waves? >> griff: well, they were small. and it was dark. we did not see any sharks so that was a good thing. >> nicole: great start. >> griff: fox news caught the first waves of the year. we laid down the marker. >> nicole: that was amazing. what kind of a cover-up did you have there i saw the stripes. >> griff: cut off sleeveless american flag. a little patriotism there. it was a wardrobe sort of evening. >> steve: one thing you can't really tell from that image though down in florida last week and for the most part the atlantic ocean water was freezing. so you were absolutely frosted. [splash. [. >> griff: it was not warm. i didn't city in long about 15 minutes. >> nicole: did you it started 2023. griff griff start the year right
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it's going to be a good year. >> steve: we are starting. today is monday, january 2nd. but it is a federal holiday. just saying. so we all get comp pays as does our next person we are going to introduce you to down in d.c. it is a new year and a new congress with republicans set to take control of the house, tomorrow as new members are sworn, in which we hope is going to happen tomorrow. >> nicole: first, they have to vote on a speaker and leader kevin mccarthy faces resistance. >> griff: mark meredith joins us live where things could get tricky tomorrow. >> happy new year, my friends. new era in washington. republicans take control of the house tomorrow. this morning the question remains who will be the next speaker of the house. california congressman and current minority leader kevin mccarthy is running for the job. we don't know if he has the votes yet yet to secure the speaker's gavel. making to address tension in his caucus whether he can
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effectively lead or not. is he walking a bit of a tight rope because he needs 218 votes to become speaker and the g.o.p. only controls 222 seats that leaves him a little bit of room. only a little to lose any vote. it is possible some lawmakers tomorrow may vote present instead of picking a specific candidate. overnight nine republican lawmakers who have yet to back mccarthy say they are thankful is he taking steps to address some of his concerns including supporting a rule which would make it easier to change leaders. also known as the motion to vacate. same lawmakers on your screen say they are not ready to jump on the mccarthy train quite get yet. this could be a bruising week for republicans. chad pergram reports the longer the speaker's race is dragging on. the longer a clerk appointed by the democratic leadership will remain in control. there is also a chance other business could be postponed and paychecks for lawmakers could be postponed that is a ways off. mccarthy has a strong advantage going into tomorrow's vote. the vast majority of republicans say they are going to back his
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bid there are also a few hold outs a few never support his candidacy. should be an interesting week to say the list. >> griff: question, just for our viewers, when does this start? what is our timeline here? it's not today. it's tomorrow. >> steve: because today is a federal holiday. >> a comp day as steve mentioned. >> a comp day as steve mentioned. noon tomorrow, i believe, is when they are set to begin the proceedings. chad was talking about on his on camera stuff and behind the scenes nothing else will get done until they get a speaker chosen. this could go on. drag on. plenty of tramaine. drama.headlines for tomorrow whs means for republicans who want to lit the ground running whether or not this is a distraction that takes up the news cycle the next 48 hours. >> steve: mr. corps day, let me ask you a follow up question. could those -- and we put the images of the republican dissidence who are not on board
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with mr. mccarthy, could this just be some negotiating? you know, andy biggs is actually fundraising off this about how he's running for speaker. there is absolutely no chance that's ever going to happen in our lifetime. >> however, could they just be negotiating for more power within the caucus, the republican caucus? >> sure. well, washington is all about power. you are right, those five people on your screen right there. they are getting on tv. they are fundraising so it's certainly a way to generate some headlines. do you have to wonder what this could mean for mccarthy trying to present a message out the gate. if they want to talk about unity and can't choose a leader for republicans could cause some headaches. whether or not it's long-term problem we don't know. of course, we will get a better idea what happens by tomorrow night. >> steve: that's right. if it's frozen, kevin mccarthy will wind up bruised. >> nicole: it's not good for americans. >> steve: mark, thank you for joining us live. >> happy new year.
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>> steve: he was talking about how some members might actually vote present. so, while you need 218 right now. there have been a couple of times since the civil war where they have decided, you know what? we can't elect a speaker with a majority so we will go with a plurality. i mentioned the civil war back in 1856, it took two month and 133 ballots to finally, eventually elect a speaker. that's not going to happen here. but, ultimately, to both of your points, the republican party, given the fact that it -- he is not elected on the first try, that's going to be problematic. >> nicole: republicans didn't do as well in the midterms despite the campaign talking points were aligned with what they said they'ved. they wanted to focus on the economy and crime and the southwest border. they should have done better. they didn't do well because the americans don't trust they are going to do something about what they are saying. this will be a huge slap in the face to
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americans if they do not elect a speaker of the house. mccarthy needs one of those people to he opposed to vote for him e has already given concessions to the motion to vacate. which has been -- that's happened for years and years and years. and only changed under speaker pelosi. so i guess it makes sense then to go back to it. but, even matt gaetz said he may consider voting for mccarthy if they can, you know, make that motion to vacate even more extreme so just one member of the house can call for the vote. >> steve: they are negotiating behind the scenes. >> nicole: it's a process. >> griff: kevin mccarthy has a math problem. you have to realize the frustrations that you are hearing from five holdout and new letter from nine other members. kevin mccarthy has been in a minority leadership role for a long time and he hasn't helped address the problems that many point to for the failures in the midterms. ultimately it's these hard nos that once you get to go time and tomorrow at noon is go time.
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you have got this problem. lawrence jones pressed one of those holdouts matt rosendale over the weekend and that's what he had had to say about that motion to vacate. >> we gave kevin mccarthy opportunities over the last two years too demonstrate leadership scales and he failed on every measure. >> another alternative which is hakeem jeffries. >> you are pushing a false premise. first of all, hakeem jeffriess is never going to be speaker of the house. will which six are going to vote for hakeem jeffries it's not going to happen. you are falling into a trap. >> lawrence: who are you voting for. >> individuals starting to have conversations with many of us about being able to seek the speaker's position now that they see they are not going to have to fear the retribution. >> lawrence: they don't have the votes though, sir. >> kevin doesn't have 218 votes, lawrence. he didn't have 210 votes. he didn't have 200 votes. he didn't have 190 votes.
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kevin doesn't have the votes. >> nicole: do you know what this reminded me of? i don't know if anyone saw the production of hamilton. thomas jefferson and hamilton going at each other with the congressional meeting the song ♪ you don't have the votes ha ha ha ha. that's all i could hear when he was saying that. >> steve: mccarthy has north of 200 votes. whatever they're saying right now is ultimately trying to get them a little something extra, maybe it's committee assignment or something like that in the new congress. but, in the meantime, kevin mccarthy, it doesn't sound like he has got the votes but ultimately will he get it tomorrow. >> steve: keep in mind. according to the counsel substitution, the very first thing they have got to do is elect a leader. they can't adopt the rules. they can't swear in new members. so, they have got to adopt a
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speaker. and it takes 218 right now unless they suspend the rules. >> griff: there is no other choice. we don't have a clear second runner-up. is it steve scalise? is it -- i mean, as you pointed out biggs isn't going to get elected speaker. so who is it and we are going it to talk to one of those other five dissidence. representative bob goode of virginia. we're going to press him a little bit to say okay, if you are hard no. who is it? who can lead the republicans at such a critical time? flint firefighters union got the incoming chairman on the oversight committee james comer, incoming chairman of the judiciary, jim jordan. they want to get busy and find out what happened with covid. they want to get down to the hunter biden business. they want to get the truth on the afghanistan withdrawal. can't do it unless they have some leadership. >> steve: keep in mind, you don't have to be a member of congress to be the speaker of the house. they can just bring in somebody else. >> griff: that would be interesting. >> nicole: steve, what are you doing this year?
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>> steve: i'm busy. i'm working on "fox & friends first." [laughter] meanwhile, i'm sure if you picked up a newspaper or looked at your phone and dr. saphier is having trouble with hers -- over the weekend, you saw all these best of lists and things that happen in 2022. going forward. the dea released a shocking statistic that is in the last calendar year in 2022, they seized, the d.e.a. did 3ful will 79 million doses of fentanyl. they seized 50 million pills that were laced with fentanyl a lot of them are made to look like percocet or xanax or oxycontin or oxycodone. >> nicole: oxycontin. derivatives of similar things. >> steve: that is enough drugs and fentanyl to kill every man, woman and child in the united states at least one time.
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every one of them. >> katie: we have thousands of americans dying every single month because of fentanyl. it is -- poisonings. you can't keep calling them overdose deaths. people are intentionally overdosing. they don't realize what they're taking. laced with fentanyl and have no idea what it is i will soon head back to the border by the end of this weekend and the fentanyl crisis has exploded with the border crisis but, yet, the administration won't call it a border crisis and they are willing to admit you have a fentanyl crisis. the d.e.a. has led this past year saying hey, we are sounding the alarm look what is coming. that is the point of this border drivers these towns in el paso, egg pass, del rio, mccallum, they are overbhemed. war zones now. we have seen that images every day. this is the fentanyl coming across. not just where you see the migrants, will through the ports of entry and going to every corner of america. now you have families that are devastated.
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we had some of those parents on "fox & friends" talking about the poisoning. here is a little bit of what they said. >> 13-year-old cousin last year went to a party. took what she thought was a xanax. and it was fentanyl and we lost her. that pill took his life. he -- like i said. he was just looking to experiment and he took the pill one night and the following morning i went to wake him up and he was gone. he was blue and lifeless, just looking like he was a sleep on his beanbag chair on his bedroom floor. >> hundreds of thousands of american families that unfortunately now know about fentanyl and we want answers as to why these issues are not being addressed. it's a national security crisis. it's a health crisis. and it's taking 300 lives a day. >> the numbers are jaw dropping. griff we are lucky to have a
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doctor here on the south. fentanyl was invented to help people. when it's used legally, it's great. but, it's the illegal application and the other problem is so many of the chemicals that are used to create fentanyl come from china. and they are shipped to the cartels in mexico. and it is mexico that then takes those chinese chemicals and makes fentanyl. and then the cartels smuggle it in. we have got a problem with china. we have got a problem with mexico if we want this to stop. >> nicole: fentanyl is great medication especially when it comes to treating intractable pain caused by cancer. one of the only things that help gives pain relief. unfortunately what we are seeing now coming from china is there are different permeations of fentanyl. lacing it with different things and making it more potent. some of what they have found is more potent than elephant tranquilizers which should never be given for human couples.
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the biden administration not accept the opioid crisis which could affect any household in america. it's not just one demographic they that they do not acknowledge where the fentanyl comes from. the fact that it drops china and comes across our southwest border is a huge slap in the face to american people. because americans are dying. and they are not doing anything. just like we heard from these parents like we saw in virginia with glenn youngkin, parents are going to start taking control and parents are getting fed up with the lack of action by the administration. >> griff: yeah, look. we have got three hours to talk about this and you can't overstate really how much it is out of control with the administration not doing enough to try and get it undercontrol starting in china to the labs in mexico which are not being taken down and coming across our border and going to every town in america. >> steve: in that same bastion of information released by the d.e.a. they say that 77% of adolescent overdoses were because of fentanyl. 77%. so imagine you take fentanyl out of the equation, that number
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goes down. i mean, kids, to your point, nicole, a lot of people don't realize they are taking fentanyl. they might just be taking -- they think this is going to didp me awake they wind up dead. crisis, soonerrer, to both of your points, the sooner the administration cracking down on china and mexico the sooner this ends. 6:18 now on this federal holiday monday. coming up, the idaho murder suspect that guy right there is expected to be extradited tomorrow after he was arrested 2,000 miles from moscow, idaho. the troubling new details we are learning about that guy's behavior. >> griff: rolling stone reveals list top 200 singers of all time. oh, she is not on it. that's coming up. ♪ ♪
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>> ashley: at least 14 people ted including 10 guards and 1 injured after gunmen in bullet proof vehicles opened fire on a mexican prison. around 24 inmates escaped the prison before the military and state police were able to eventually take back control. just nine miles away from the u.s. border near el paso. no word yet on any arrests. actor jerry renner known for role in hawkeye in the marvel universe is reportedly in critical but stable condition following a snowplow accident. details about the incident are slammed but deadline reports he needed to be airlifted to the want who.
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the spokesperson describing it as a weather related accident saying the actor is, quote receiving ents lent care it happened in reno, nevada where winter storm saw 4500 homes lose power. catholics gathering in st. peters square to pay their respects to poppy benedict xvi. earlier this morning his body was moved into the basilica where he will remain for the next three days. poppy francis honoring predecessor in new year's day message asking for passage from this world to god. the vatican will be honoring poppy benedict's wish to have a simple funeral thursday in saint peter's square. poppy francis will be presiding marking the first time in century as sitting poppy will preside over the funeral of a predecessor. and those are your headlines, guys, back to you. >> quite an image we haven't seen that. >> steve: usually when a poppy dies all the cardinals around the world convene on vatican city to can a screen a new
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poppy. in this case there is a poppy. the question is will all the cardinals still come as a sign of respect and the answer is probably yes. >> nicole: usual whether i a ppopedies. >> griff: just a retired pope who passed and now a very v.i.p. funeral indeed. >> steve: in 25 years i don't think anybody on this show has ever use the word can logical. is that your resolution to use at least one sat word per program? >> griff: yes. i didn't have one now we do. it. >> nicole: we have that in our house word of the week. >> steve: what is it this week? >> nicole: we haven't come up with this cannonlogical. >> steve: or toa toasttoda.
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>> griff: griff. >> nicole: learning how to the suspect is and how he managed to allude for weeks. >> steve: lucas tomlinson with the latest. >> good morning, steve, nicole and griff. investigators have still not given a motive for this attack there are reports the alleged killer had a habit of stalking young girls in bars. electronic fingerprints are hard to scene seal my bile phones receiving signals include location officials say that data has been discovered pinpointing the killer's location to areas near the victims in the weeks leading up to the fatal attack almost two months ago. quadrupled murder suspect 28-year-old brian kohberger pursuing a ph.d. in criminology washington university a few miles from the apartment where the grizzly murders took place. kohberger's neighbor told "the washington post" quote it seems like he never slept because he was always doing something all night. i don't know how he could have killed people because he didn't
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look that tough. we are all ph.d. students here, so it takes a lot of hard work and smarts to get to this point. there are also reports kohberger is a recovering heroin act. kohberger and the family defending their son in a statement in arrest friday we have fully cooperated with law enforcement agencies in an attempt to seek truth and promote his presumption of innocence rather than judge unknown facts and maker reasonnous assumption. days after the murders, kohberger drove over 2,000 miles from idaho to pennsylvania in order to allegedly hide out in his parent's home in the poconos. the murder weapon has still not been recovered, guys. nicole, if i could offer a word for this week peruse means to read carefully. >> nicole: we like that one. >> griff: thank you, lucas. >> steve: daily mail has a story this morning that apparently the father flew out to -- from their home in pennsylvania, flew to washington state and then drove with his son 2,000 miles to
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bring the white hyundai elantra back home over the holiday week. and what's interesting, according to the daily male pennsylvania car shop apparently there was some sort of maintenance issue and it was the white elantra. and, you know, there is no suggestion the father knew. but apparently they made the trip back to pennsylvania to get it. >> nicole: it's interesting. i wonder what the conversation was. it seems he has waived his right to the extradition hear. going back sooner and help expedite and give us more answers. one thing i get -- i wonder about when i hear about a young man in his early 20's up all night. vacuuming you. it's a very common age where you see mental illness develop especially schizophrenia. i will be interested to hear more about his bhars leading up. thankfully later on in the show we have dr. michael baden forensic pathologist how jean logical d.n.a. was used to help catch the suspect.
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that's going to be coming up today at 7:30 a.m. >> griff: so many questions. not only how they caught him but to your point, what was the motive, we still really don't know why. >> nicole: that won't be released until is he actually seen in court. >> steve: think about what he said. he wants to come back. he wants to waive that extradito he can prove he was innocent. on reddit asking people about the perfect crime. reportedly, he was -- after the murders, he was wearing gloves to the grocery store. he was trying not to have any fingerprints and stuff like that. dr. baden is going to be talking about how that d.n.a. was used there was d.n.a. collected at the site of the murders that night, a couple of months ago. and then apparently it was compared to d.n.a. through family members. family members may have submitted to, you know, one of
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those online genealogical things to see their heritage. and so it was publicly available. so, they didn't say hey, would you submit to a swab, they already had the family's d.n.a. >> nicole: interestingly though he was wearing gloves everywhere. walls that not to leave fingerprints or some sort of paranoia or covid pai paranoia e see at love people wearing gloves. >> steve: we will. >> nicole: former secretary of f state mike pompeo is calling out surge again. >> no reason to allow the chinese to do this again. to say send chinese infected persons around the world knowingly infecting people all across the globe. >> nicole: foreign policy expert rebeccah heinrichs slams the communist party for a lack of transparency. she is coming up next. >> steve: plus, oh my goodness, celine dion left off the list of the top 200 singers of all time. how did they leave her off and
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who did they put on the list? we will tell you coming up. you are watching "fox & friends." it's january 6th, 2023. ♪ never knowing i always want to know more about my family hi ♪ kitchen table, pull up the ancestry app, drink our coffee looking at all the information, all the tiny details. dad, check this out. colorize it. look at that. wow. everyone has color. look at that afro. that was the style. you had to have it, otherwise you're not cool. see what else we can find here. wow, i'm getting good at this already. now on sale, at ancestry. ♪ ♪ find your beat your moment of calm find your potential then own it support your immune system with a potent blend of nutrients and emerge your best every day with emergen-c
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this crash taking place near a sea world theme park at the peak time for vacation during australia summer. authorities say one of the choppers was able to successfully land in nearby beach goers and boats rushed in to help. twitter ceo elon musks teasing a new batch of twitter files relating to dr. anthony fauci. musk tweeting that 2023 won't be boring in which replied waiting for fauci files. hours later musk replied later this week there have been nine editions of twitter files already released since musk took over. rolling stone releasing a lisk list of top 200 singers of all time not without controversy. queen of soul arita that frank lynn and whitney houston. surprise who got left off was celine dion.
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♪ i'll do all that i can ♪. oh boy more controversy here with courtney love making the list at 130. bob dylan comes at 15. four times higher than frank sinatra. those are your headlines. anything coal, over to you. >> nicole: former secretary of state mike pompeo calling a ban from china. eases travel restrictions despite skyrocketing covid cases. >> a million chinese people infected 50% of the population traveling. there is no reason we should allow the chinese to do this again, to send chinese infected persons around the world knowingly infecting people all across the globe. xi got away with this once. i regret that he wasn't held accountable. >> nicole: foreign policy expert rebeccah heinrichs a senior fellow at the hudson institute and joins us now. good morning. >> good morning.
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>> nicole: rebekah centers for disease control officials within china are reporting about 1 million infections every single day. unfortunately china has only released less than 1% of those infections so we can are able to sequence it. thankfully it, seems that the variant circulating in china seem to be those still circulating here in the united states. while we have seen that travel bans and restrictions aren't really able to stop new variants from forming and traveling the world. it's the lack of transparency from the chinese communist party that has public health officials nervous. >> that's exactly right. to what secretary pompeo was saying is that, you know, the chinese communist party they have to earn the privilege to come in to the united states and you do that by being totally transparent with the origins of the coronavirus from the beginning, from the last round of this surge. they haven't done that. in fact, the chinese communist party still passing the blame for the virus on everybody else other than itself including the u.s. military which, of course, is just propaganda and erroneous. totally false.
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so, until they have actually come forward and acted like a responsible, normal country, then it is really on them to make that case. and we are not obligated to let travelers pass over our borders much and so it's really a privilege and i that i secretary mike pompeo is right. >> the cdc's covid travel requirements current live from china are all air passengers ages 2-plus must test negative no more than two days before departure from china, hong kong. and it applies to all nationalities and vaccination status. applies to travelers in the u.s. only for connecting flights. you know, this is a time of caution right now until we have more transparency from the chinese communist party it. seems to be better safe than sorry. >> well, that's right. you remember, right, when president trump made the announcement that their wimpy restrictions coming from china. in fact even from europe at the beginning of 2020, when the last time this happened. and president biden then, of course not president.
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made the comment that this was fear-mongering. later he backtracked those and science did support. if if you have surges of people infected of course if you want to stop the slow or spread of it you need to restrict travel. i mean, that's an obvious point. we can't stop a virus that is true. we have seen this over the last several years. obviously if you have infected people coming in by the tens of thousands, that is going to be a danger to the american people. and it's a privilege to come here. nobody is entitled. i would get american citizens out. other than that, that's all i would count as a guarantee at this point. >> nicole: thank you for joining us rebekah heinrich and happy new year. >> happy new year. >> nicole: coming up. the suspect on the machete attack on three nypd officers was an islamic extremist. known to the fbi. the guardian watch list he was on and disturbing manifesto he allegedly wrote coming up next. ♪ tomer) hi? (burke) happy anniversary.
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♪ >> griff: machete attack in new york city just blocks from the times square new year's eve celebration. the suspect, an alleged islamic extremist. police say 19-year-old trevor bigford you see here attacked three officers with a that chety. the suspect was already on aing watch list. are a terrorist fbi attack what were your thoughts. >> >> we know we are on the world stage every december 31st midnight and the nypd prepares our federal partners prepare and it's a shame that once again crime hampers what is going on on the big show. >> griff: listen, fortunately the three officers who sustained
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injuries are going to recover, it appears. this could have been much, much worse. where were the failures? why did this happen? >> right. and kudos to those three officers and all the officers who responded. they did a tremendous job under a lot of pressure. times square at midnight. the failure is that this is the ump teen time we have heard the fbi say this person is on our radar. if someone is under a suspicion of terrorism. that's a good reason for them to follow someone. when does the radar screen turn into scrambling the fighter jets? is it when they go to a massive event on a holiday. that would trigger some intervention i think the public would hope that we are tracking these people with the purpose of preventing these incidents. >> griff: city council meeting would this come up. >> i can almost assure you this won't come up. the irony the city council thinks it dealt with crime in times square. they put up gun free zone in times square. that's the mentality of what the
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state legislature and the city thinks about crime problem. >> griff: are they taking these threats serious enough. >> we have a joint terrorism task force. and counter-terrorism bureau. it's the top of our game. the policymakers that oftentimes fail us. >> griff: having been here in times square i wasn't in new york this year but i have been here in years past. kudos to the nypd they do a great job. one last topic i need to turn to. human composting. new york becoming the sixth state to allow this promoted. your reaction? >> if you want to turn yourself into a bag of compost, i guess that's on you. the strange part this is the priority of the state legislature and the governor. i'm told you can get 36 bags of compost out of one human. i think it just shows that there is a lack of respect for morality remains. the movie soil and green came
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out 30 years ago set in 2022 right as we composting humans to spread in our garden. >> griff: reminds me as fargo shoving guy in the wood chipper. serious note, governor hochul and state legislatures voted them-to-give themselves $32,000 raise. this is the priority in 2023. >> record inflation and record crime and cost of living increases. i don't blaming people want a raise. 32% when this is your priority. >> griff: human composting i didn't think i would be talking about that. >> 36 bags per person. >> griff: have a great 2023. meanwhile, let's check in with meteorologist adam klotz for our latest fox weather forecast. tell me adam keep getting warmer. >> warm out here on fox square. still sitting in the 40's, close to 50 degrees. a case of the large eastern parts of the country. spots seeing cooler weather. look off towards the west. 27 degrees in denver. that's when we are tracking
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winter weather. if you are living in the east it does stay mild here kick off the new year. snow falling across some of the intermountain states. they have seen round after round of rain portions of northern california. flooding because of it. futurecast forecast and see more rounds of rain with maybe the biggest rain wednesday on the week ahead continue to track soggy weather for those folks. here is your forecast on the day. a lot of folks climbenninging back up in the 50's. 55 degrees in new york city. there is your forecast. back in to you for now. >> griff: i will take it adam klotz. thank you very much. money on the mind. last year was the worst year for markets since 2008. so, how can we turn things around in the new year? personal finance expert don roccato breaks down the best ininvestments to make. that's next. ♪ if i had a million dollars ♪ well, i would buy you a furr coat but not a real furr coat that's true. and if i had a million dollars ♪ if i had a million dollars
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and digital equity. it's the way that our kids read and write, and if it wasn't for that, their worlds would be so much smaller. braille allows me to read with my class. without braille, i could not do my job at mit. it allows me to be connected to the world. to find out more, go to nbp.org because braille literacy, is literacy. i d d so my y quesonons eouout hicacase.y y son, to find out more, go to nbp.org cacalledhehe bars s fi i d d soit was the best call eouout hii could've made. to find out more, go to nbp.org call the barnes firm and find out what your case all could be worth.uld've made. to find out more, go to nbp.org ♪ call one eight hundred, eight million ♪ o. >> steve: president biden's second year in office drove stocks into the gutter. wall street worst year since 2008 with the nasdaq dropping more than 30%. the s&p 500 down 20.
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and the dow jones nearly 9%. so what can you do to ensure personal financial success in the new year? the university of san diego finance professor dan roccato joins us now with his tip. dan, happy new year? >> hello steve, how are you feeling? >> at the end of last year 401(k). you would have to be out of your mind to take a look at it? >> i know you want to be on the beach in florida, steve. a little umbrella drink retired you still have to work my friend. >> steve: no kidding. some of the things that contributed to where we are today is the fact that the federal reserve really cracked down on interest rates and ultimately, as the stock market sold off, it became harder to get money. >> you're absolutely right. so the fed was either of the villain or hero. rates went up. price of money went up, stocks went down. that is a historic relationship. we have seen it time and time
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again. obviously the goal here is to control inflation. so that's, you know, that's a noble goal. that's what we are trying to do. they came late to the party, steve, as you and i know. we reported on this last year. but they are there now. and it's hurt the market. we will see what happens over the next few months. >> steve: sure. we are going to talk about a couple of stocks that you were suggesting that somebody is in to buying stocks. but, right now, given the fact wall street is in the gutter, in the ditch, so many people are looking at treasury, t bills. things like that i do. a lot of folks do. t bill is a no-brainer right now no-brainer for your spare cash. and what i see over and over again. people keep cash in these low yielding account. average bank account pays about
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.4%. you need microscope to see your interest. putting it into something like a treasury or even a higher yield bank account, that's a no-brainer all of us should be doing. >> steve: all right. no kidding. if somebody is in to buying stocks. you say look at recession resistant stocks like pfizer, walmart things like good cash flow, verizon, apple, chevron or non-u.s. stock bp or netflix. >> i'm not in the business of recommending individual stocks. all the ones you mentioned good companies, blue chip companies. during a recession you want to hold businesses that generate lots of cash. you want to own businesses that generate cash to pay you dividends. remember, a divi dividend is a portion of a company's profit. if we are heading into a recession it sure feels like we are to a lot of folks. names you want to own. don't forget non-u.s. stocks. the u.p.s. is 60% of the market capitalization.
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there is a whole nother 40% out there. good companies that also generate a lot of cash. take a look at those as well. >> steve: excellent advice. and while you say so ultimately, it sounds like your advice for today is well, you're not going to tell anybody which stocks to buy. look into treasury. >> for sure. and be diversity always. i like the barbell strategy. one side risk assets like stocks. on the other side of the barbell rock solid keeps me going through these tough times. >> they're, indeed. dan, thank you very much for joining us on this federal holiday. thank you, sir. >> you got it. happy new year, brother. >> steve: happy new year to you too. coming up alarming new study shows learning losses for kids during covid may cost us $28 trillion. we're going to dig into that number coming up. good morning, milwaukee. you're watching "fox
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