tv Hannity FOX News March 13, 2023 6:00pm-7:00pm PDT
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>> tucker: you had the stanford dean, the politics of self pitee are the most repulsive. have you ever been happy in your entire life, except for self pity for root of unhappiness. seen hannity. >> sean: i miss them too, we have so much breaking news it's join sign tonight. we begin this monday night with fox news alert, breaking tonight, reports indicating that the 45 45th president of the united states, donald j trump is likely to be targeted for indictment in new york city over an alleged 2016 payment to stormy daniels. we are going to speak to the former president's attorney exclusively straight ahead on what is just the latest example of america's weaponized system
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of justice. you know, it would be beyond unusual for a state prosecutor to use an alleged violation of a federal law, rather than a state campaign finance law as grounds to elevate a false paperwork case from a misdemeanor to a felony, wow, they get creative because they hate trump that much. that would be trump derangement syndrome. another day, another massive crisis for reckless, incompetent joe biden. america's banking system and your money is now in peril. this is a real crisis. there are real fears tonight that this could very well be just the beginning of a massive biden banking crisis with biden billionaire bailouts and world wide consequences. two banks now have officially collapsed. nearly two dozen others they were forced to halt trading today amid widespread
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panic. first republic bank, $100 billion was wiped out in one single day at the very core of all of this banking crisis is joe biden's record setting 40 year plus high of inflation. caused by his multitrillion dollars spending spree, and remember biden inherited a very low inflation rate of 1.4% and horrible economic, drove ingress to one record high to another, after another. 40 year record highs. has been anything but "transitory" followed by 1700% increase in the rate increases in terms of the fed, the first financial institution to fail, the silicon valley bank saw massive holdings in u.s. treasuries and mortgage securities "hit hard by the fed's aggressive interest rate hikes" caused by biden inflation which remains unfort
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lauderdalebly high, still not under control. it's tran city tory. guess who is he blaming, take a look. >> during the obama biden administration we put in place on banks like silicon valley bank and signature bank. including the dodd frank law to make sure the crisis we saw in 2008 would not happen again. unfortunately, the last administration rolled back some of these requirements. >> sean: joe biden is lying, if these regulations were so effective, he had two years to reinstate them with the democratic house and senate. no bank failed under donald trump, in reality multiple democrat democrats agreed to ease these restrictions. even former congressman barney frank, remember him? dodd frank? he
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lobbied in support of the exact regulatory rollback as a board member at signature bank which was the second financial institution to collapse today. the bill that was changed, that's right, it was the dodd frank bill. in 2017 in an op ed for cnbc let's look at what congressman barney frank, there is one legislation which i am strongly supportive of a change that will benefit signature, raising the $50 billion asset level at which a bank becomes subject to the extra supervision. so, you got a former democratic fire brand, barney frank, coauthored the dodd frank bill was instruction amount in removing the oversight at a bank that has now collapsed that he is on the board of. and we're supposed to believe this was donald trump's fault? now the bottom line is this, it was joe biden, not donald trump that caused inflation to spiral out of control, and that created the
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tenuous situation for all banks in our economy. it was biden that was not trump who sat around and did nothing as one expert after another was warning about a looming disaster. they all lied, they said no, it's transitory, it's temporary, it's not real, don't worry, it will go ahead. analysts the jp morgan issued a warning about silicon valley bank in november of last year. so, how did jp morgan know while the biden administration remained totally clueless? well, that's right. the people who work in the biden white house are stupid and incompetent but they are also political. maybe these are silicon valley friends of theirs. it will get interesting in the days to come when we find out how much money was donated by who, and bank failures donated big dollars to democrats instead of preventing crisis, and sound policies they always blame donald trump. even blame
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him for the border crisis they caused. they blame trump for record setting illegal immigration, no the border was secure under trump. 1.4% when donald trump left office, they went up to 9% .1%. one 40-year high after another. blamed donald trump for ukraine. they even tried to blame him for the toxic train derailment in east palestine, in ohio. even the washington post was forced to call out this blatantly. that is not going to stop them from repeating the same lie over and over and over again. the buck stops here? if the dog bites the bee stings, if you are feeling sad it's all donald trump's fault according to joe biden, take a look. >> you take down regulations, you water down regulations, you weaken the power of the administration to deal with
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freight railroad companies, you show up and want to be a great friend of the people impacted by a rail disaster. >> we must repair the damage that was done by the last administration, the mismanagement that was done by the last administration. >> there is a bit of a different tactic, approach, that's probably why president biden and not his predecessor was able to take steps against russia's aggression. >> we were able to determine that china has a high altitude balloon program for intelligence connection connected to the people's liberation army. it was operating during the previous administration, but they did not detect it. we detected it. >> the president inherited a mess. because of what the last administration did. they inherited -- we inherited a mess. and you know, republicans in congress made it worse by
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blocking comprehensive immigration reform. >> taking blame for inflation, no. >> why not? >> it was already here when i got here, man. >> sean: come on, man. when they are not passing blame and shirking all response able, the white house is pretending an obvious crisis is not really a crisis at all. they don't have a crisis at the border, the border is secure. we saw it in afghanistan. we see it with inflation. we saw it with the supply chancres. and now we have the biden banking crisis is no different. take a look. >> americans can have confidence that the banking system is safe. your deposits will be there when you need them. >> the american banking system is really safe and well capitalized. it's resilient. >> sean: and ahead of the emb said the same thing, sounds like they read the same talking point memo. secure and resilient. two
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significant banks, one the 16th largest in the country, has collapsed with two others now facing a similar fate. according to jen psaki, so urgent that biden started working at 9:00 a.m. it was a big day for joey, i'm sure he is asleep by now. i'm sure he had his ice cream. >> it's important to note joe biden does nothing at 9:00 a.m. he is a night owl. so, the fact that he is doing this at 9:00 a.m. anyway speaks to how vital the white house recognizes it is for him to have his voice out there conveying that to the american public. >> sean: a night owl, okay. i'm not buying that lie for a minute. early morning presser, your president joe claim there would be no bank bailout and that the taxpayers would not be on the hook. treasury secretary janet yellen said exactly something similar. take a look. >> during the financial crisis,
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there were investors and owners of systemic large banks that were bailed out and we're certainly not looking and the reforms that have been put in place means we are not going to do that again. but we are concerned about the deposters and focused on trying to meet their needs. >> sean: 24 hours, less than 24 hours later the white house has completely bailed out silicon valley bank. the administration doesn't know what they are doing and last week janet yellen was in ukraine for the past year now she has been focused on a global minimum tax. joe biden has been checked out pretty much from day one. fear not, because every tech startup, vineyard and uber rich celebrity with millions of dollar that bank at this silicon valley bank they will be
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reimbursed full. they say it's not going to cost you a penny. you will pay every penny. it will come from you the american taxpayer. l that is their biggest lie that taxpayers won't be bailing out banker buddies, because you will be. no word if there will be legal or financial consequences for those in charge of svb, the shareholders are suing the ceo and cfo for fraud. keep in mind this is a quick lawsuit. that had no risk officer for eight months. a bank committed $5 billion to finance carbon neutral operations. a bank that paid out bonuses only hours before the collapse on friday. a bank that hosted an exclusive dinner at an expensivd steakhouse the night before they collapsed to celebrate south by southwest and a bank with executives that sold millions of dollars worth of stock. two weeks prior to the collapse. coincidence? or just good luck
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or maybe not. anyway, now this bank full of biden donors has been bailed out by the biden administration, really by you the american people, do you think that you will receive similar treatment, are american farmers getting this kind of treatment? are american ranchers getting this type of treatment? american truckers getting this type of treatment? healthcare workers in our hospitals with their vaccine mandates, are they getting this kind of treatment? no. here with reaction. kudlow on the fox business network. larry kudlow. i'm sorry, inflation was at 1.4% when joe biden became president. then we had one 40 year high after another going up to 9 plus percent. in spite of all the interest rate increases, they have not been able to gain ahold of inflation. so, you have banks like this bank out in silicon valley, they had invested in ten-year treasuries,
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for example. then all of a sudden the people want their money back,s interest rates are higher, and now they are selling those treasuries at a major loss. is that what happened? >> well, more or less. look, a couple points. barney frank, liberal, democrat barney frank said today this was not a regulatory problem as the bidens are charging trump that had a liquidity problem. and barney frank, i know he is a liberal democrat but he is a pretty smart guy. it was a bipartisan vote to relieve some of the owners' bank regulations of the obama/biden administration. that is one point. second point, in my service in the government under president trump he often called it 7:00 a.m., 9:00 was a late call, 9:00 a.m. third point, biden-flation is what
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caused huge interest rate increases. it's upside down interest rate curve. short rates became much higher than long rates and the problem here with the silicon valley bank is they were unable to manage the risk involved in that. here is who the culprit is, the san francisco fed whose president is a woman named mary daly did not exercise their supervisory responsibilities. they should have seen this coming, it was over $200 billion bank. nobody said you couldn't supervise that they just didn't do it. so, now this thing, who knows, i mean i hope the contagion is going to stop. but we can't be sure because there is other banks around the country, i don't know whether they are being supervised properly by the fed or whatever. that is going to be an issue, we hope day by day that doesn't happen. >> sean: what would you advice them if you were in the white house tonight. now they are
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bailing out billionaires, i would imagine the average american is pretty angry hearing and being lied to and being told that it's not going to be their money when in fact it will be their money. do you know anyone else that will pay that bill, larry? is it. >> i think what has to happen here, sean, all of these circumstances around the silicon valley bank are very peculiar, they are somewhat mysterious. they should have been able to handle the liquidity issues that they were not able to handle. there may be solvency issues. i don't know how good their assets are. i don't know good, i don't know bad. you have to have someone like patrick henry, he has to go -- he are yous the house financial services committee. he has to bring in bank examiners in and become transparent and tell people exactly what was going on, whether the loans were any good or not, or why the san francisco fed for example didn't make the
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right supervision. that's what has to happen. we need transparency here. we don't have it. i don't want to jump to conclusions, i mean, look, banking contagion, sean. 10 or 15 years ago is a very difficult issue. the contagion is a very difficult issue. you and i are playing with near on this one. i want to go a day at a time. >> sean: if they have going to bail out this bank way beyond the $150,000 the fdic guarantees and pay hundreds of millions of dollars likely, who is going to pay that bill? won't it be the american taxpayer? >> well, i think you can make a case ultimately yes. the banks pay for this through fees to the fdic. >> sean: you are not answering the question though. he is saying the american taxpayer won't pay a penny and i think that's a lie. >> i think ultimately they will pay. i mean after all. >> sean: that's my point. >> if the banks are paying more
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fees. if the bank -- i want to be as explicit as i can, it's very tricky and important. banks paying fees will charge their own customers more fees. so, in that sense i would agree with you that it will be a taxpayer funded rescue mission. is it a bailout, sean? i'm not sure it's a bailout. i'm not sure i want to say that. >> sean: larry kudlow, charles payne, founder with stephen moore. i guess charles, let me start with you tonight. do you agree with larry's analysis with this and isn't this a billionaire bailout at the end of the day? >> well, i am going to be less diplomatic than larry. okay. yeah, the answer is obviously ultimately when banks -- when banks have higher fees they pass them on to their customers. we know that, that's what businesses do. this is a bailout. this is a bailout of
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really silicon valley itself. over the weekend silicon valley went on the attack. they stoked fear particularly on social media that this is going to be a chain of a events and people will be lined up across the country at regional banks to take their one out. i went to three banks on saturday, nobody was panicking. they were calling it an extension event for silicon valley. how do we get here? for 20 years silicon valley has been able to take companies public that were over valued, they made billions and billions and billions and billions of dollars, they butt biggest yachts, the bought the biggest homes. silicon valley bank, their deposits went up 300%, almost $200 billion. the average bank of america went up 30%. it was good times. so, they had all of this cash. what did they do with it? they never
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lent it out to regular folks. no regular folks got this money. none. okay. so, they decided to invest it and they wanted to get yield. everyone is looking for yield these days. so, here is the thing and everyone's gotta listen to this. when president biden starts to say, i am going to demonize the banks, make sure that these banks don't do anything reckless. well they bond with it, u.s. bonds with it, there is no other investment in the world. they call it risk-free. the problem of course though is because the federal reserve has had to come in and aggressively attack inflation which by the way went over the top with biden $2 trillion that j powell hands have been tied to a degree, trying to battle inflation. last year bonds were at their worse year ever. biden -- and anyone's lifetime. >> sean: it's amazing how jp morgan, peter theil. jp morgan
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was writing about this in november, for crying out loud. explain how it's biden's economic policies, his energy policies that cause record high inflation resulting in this bank -- investing a stop of money in treasuries, et cetera. then all of a sudden people need their money and they've got to cash it out on a massive loss, isn't that a big contributing factor here and how many other banks in the country might be doing this? >> yeah, you know, it's a complicated story but in a lot of ways it's not so complicated, sean. you kind of did a pretty good of explaining, connecting these dots. first it starts with trillions and trillions of dollars of out of control spending. help the government has to borrow that money to finance all these $6 trillion of additional spending biden enacted. then the next step is, all this money is flowing into the economy and as you correctly said, that additional money
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caused interest rates to rise and inflation to rise. so, now the fed has to act and it has to raise these interest rates to bring inflation down and you have seen a big increase in these interest rates over the last three years. and this is caused big problems for banks. i do think there may be other banks, i don't think we are going to see a major bank run or something like that. i think people should feel fairly secure. but there are probably other banks as you mentioned that are in this situation. i don't -- one other point i feel strongly about, sean. all i heard about from biden, we are going to make rich pay their fair share. rich people are making too much money. who do you think is going to benefit from -- look, i will call it a bailout because i think it is. people with deposits of less than $250,000, that's the middle class, right, sean. they are protected under current fdic rules. what this is going to do
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is provide a bailout for people with millions and millions of dollars of these accounts. i thought he was going to sock it to the rich now he is giving them a big bailout. >> sean: steve moore thank you, and charles payne thank you. will the left ever learn their lessons or continue to cripple your economy. two-thirds of our country are living paycheck to paycheck, are you kidding me? this is ridiculous. people are tapping into their pension plans, using credit cards to get bare necessities. wait until you see what gavin newsom is proposing in california. mark levin. he is next.
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>> sean: much like clients in the tech industry, silicon valley bank prioritized woke necessary including keeping the company solvent. svb released a 20 page diversity, equity and influence report back in january. now their website bragged about the environmental, social and governance initiatives, and the bank did pledge $5 billion towards green programs last year alone. to be fair, svb may have been following the lead of california governor, gavin newsom. he has managed to the state's $100 billion surplus into a $22 billion budget deficit. he is still pushing for a $640 million reparations plan in california, because in california doesn't matter if you are financially solvent, as long as you are woke enough. here with his tame on all of this, he
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hosts the number one show on the weekends, life, liberty and levin. great one, how am i? great to be on your radio show. >> listen, anytime you want, only on mondays. you know, sean. as far as newsom goes, i thought he banned petroleum products, except for his hair, do you notice that? reparations, this is very interesting. people who never owned slaves should pay people who never were slaves. you have people who came into this country long after the civil war. how are we going to deal with this? even more than that i think they are on to something about this reparation issue. the democrat party should pay reparations. the democrat party is the party that of the confederacy, the party of slavery, the party of segregation and it's also now the party of poverty, it's impoverishing people from coast to coast. i think the democrat party should pay reparations of the it's amazing to me, democrat
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generals, democrat president of the confederacy. democrat monuments are pulled down. people are saying, take down the confederate flag, okay, fine. how does the democrat party survive all this when it was the political institution behind it all? so my view is, pay reparations, democrats pay your reparations to whomever you want to. on to biden. when you take the dumbest man in the senate and you install i am had in the oval office, you have the dumbest map in the oval office. joe biden is an economic illiterate. the guy who said we need to spend more money to beat inflation. interest rates were negligible. now they are through the roof. joe biden has destroyed our banking system, he has destroyed our food system. he has destroyed our immigration system. destroyed our student loan system, energy system. he has destroyed our athletic system. he thinks he is fdr i
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think he is more herbert hoover. and moreover, he takes these autocratic powers, at least house city i will any got the trains to run on time. or anything to be done on time as a matter of fact. i'm very troubled by this because he's proposed a $6.9 trillion budget, which is massive. with almost $5 trillion in tax increases. he plays this marxist class warfare about the rich versus the poor which accommodates nothing, that doesn't bring food prices down, it doesn't get crime off our street. it doesn't secure the border, it doesn't do any of those things. he's constantly throwing shiny objects out there for people to chase. when in fact he is the shiny object that we need to stay focused on. he is a one-man wrecking ball. that is destroyed so much that is good with this country. and he's
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not done. he's not a moderate. he is bernie sanders in joe biden's face mask. that's what he is. he is a radical, he has destroyed. we talk about diversity, equity and influence. this bank was a democrat party bank. it was doing everything the democrat party wants, all of our financial institutions to do, all of our businesses to do. which is this iodiotic diversity, equity and inclusion which is against diversity, against real equality and certainly against inclusion. they poured all this money into it. i want to remind people that joe biden is still pushing for efg for corporations, that means rather than investing in good faith and rationally in wise investments for people with exceptions and so forth, that they would be able to invest in this socialist, marxist propaganda as a matter of federal law. and so the
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republicans in congress said no and joe biden says no. they can so, we're subsidizing the destruction of the country, the taxpayers paying for all of this. joe biden claims to be doing this for the little guy, all autocrats claim to be doing it for the little guy. one footnote, while he is trashing the rich, he got rich off the communist chinese. he didn't seem to mind very much about that. he sets up two s corporations so he doesn't have to pay medicare taxes and obamacare taxes. we have the worse person in the oval office imaginable. and he is setting fire to this country economically, politically, socially, and militarily. that's it. i'm done. >> sean: i have a couple of questions, i want to follow-up. >> yes, sir. >> sean: this is a guy that says he won't raise taxes on anybody making under $400,000 a year.
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but yet he is raising taxes on gas, on oil, on coal, he is raising taxes on pensions and retirement plans. on corporations. you don't need to go to mit or harvard businesses to know corporations don't pay taxes, they pass on costs to we the people, the consumer. what ultimately is a billionaire bailout of his silicon valley friends. every other fdic insurance of $250,000. so, he says the american people aren't going to pay this. who will pay that, mark? and why is he allowed to bail out without any congressional approval, these banks with this kind of money? >> he shouldn't be. look, this particular bank was subsidizing 1550 technology firms according to the "new york times" that
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were focused on solar, hydrogen, batteries, these are democrats. people wonder how can billionaires be democrats, most of them aren't real capitalists, they feed off the government, subsidized by the government. so, they'll set up these companies on solar and whatever, they vote democrat because the democrats take the money from the productive companies that are actually well-run and give it to these phony entities that they created, these villages that they created. do you know what? it's going to get worse on this guy. shortages on electricity, oil, food, people coming over the border and on and on and on and why? because he is an idiot, that's why. >> sean: now you have really done it. the great one, mark levin, thank you. never ending trump which hunts continues, reports indicating all over the place that an indictment against the former president is coming
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dealing with stormy daniels. trump attorney will react forcefully coming up next. because covid is still out there, and so are you. and if your last vaccine was before september 2022, you're out there with fading protection. but an updated vaccine restores your protection. so you can keep doing you. get an updated covid vaccine and stay out there, safely.
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>> sean: all right. so, as the new york manhattan district attorney's office continues their unhinged politically motivated attacks on former president donald trump, there are many reports that district attorney alvin brag could be close to indicting the 45 45th president. president trump's attorney is requesting that the da's office itself is investigated, it's weaponized to target a single individual instead of being used to prosecute all the actual crimes that happen in new york every single day that are ignored. and trump's attorney, joining us now
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with much more. do you believe, joe, we've known each other a long time. do you believe these reports that are everywhere that they expect this indictment, are you expecting it? is. >> listen, i still hold out hope that justice will prevail, sean. there has to be and there is in fact a heavy dose of disgust in the legal community, and the bar with prosecutors, defense attorneys, judges, that they are doing this. this is not what we do. this legal system has been weaponized, completely weaponized. you can read that idiot mark palmer's book who violated laws, and instead wrote a book. and if you read his book, he even said, it was amazing what he admitted there, that he was just looking for a crime to fit the person. and that's not what we do. it's not what we should be doing clearly here. the manhattan district attorney's office has stooped to that level. one thing is clear
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that every single legal scholar, former members of the federal election committee have opined that no crime was committed here, there was no campaign law violation at all. >> sean: let me ask you this. there is an article by msn.com, would include hurdles according to experts. at one point they say if bragg were to do this, it would be unusual for state prosecutor to use an alleged violation of a federal law rather than of a state campaign finance law as a grounds to elevate a false paperwork case from a misdemeanor to a felony but also it would be unusual to prosecute a presidential candidate for violating state as opposed to federal campaign finance laws. do you believe that they are doing something this unusual, first of all, do you believe it's unusual on purpose for the purpose of elevating what would otherwise
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would be a misdemeanor in new york to a felony nationally? >> yeah, sean. look, any prosecution in this matter would be completely unprecedented. meaning, this would be the first ever in history of this country, think about that. think about that statement. let that roll around your brain for a minute or two. campaign finance laws are murky to begin with. all the underlying legal theories that we've been hearing about, from the manhattan da's office are untested and never utilized in this matter. look at john edwards which was a completely different situation, had you a third party paying for room and board and represent to keep some woman that was pregnant with his child, a secret. and that was a third party. and in fact, actually happened here, president trump has denied from day one having an affair with this one. he is an extortion victim. he said he didn't, the
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evidence i think is powerful he never had an affair with her. more importantly he is a victim of extortion, she came out right before the campaign and said, well the election said, unless you pay me i am going to make a public story about something that he says is completely untrue. so, that's something that would be done irrespective, here is the key. it would be down irrespective of the campaign. as michael cohen, the perjure, liar, i don't think he has a law license, what he said when he pled guilty was that the client, his client, was doing it for to prevent personal embarrassment and prevent embarrassment to his family taking it out of the realm of campaign finance. this is not campaign finance law in this case, not at all. >> sean: i know you did an interview with, authorized the payment to stormy daniels, was
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the payment properly -- >> and i said, was the only one that matters there is number 3. because if it's not connected to the campaign, and had the purpose of effecting the election, then one and two do not matter at all. at all. it's not a crime. nothing is a crime so, that's -- i will go back to that again. this has to be tied to an election. and more importantly the campaign finance laws and there is a critical distinction separating campaign funds to personal funds. here this was all personal funds. >> sean: if i'm hearing you right, you are saying campaign finance laws are not -- you know, etched in stone that there is somewhat ambiguous. >> yes. >> sean: and the underlying legal theories going to the msm article, explain what you mean by that and that other legal scholars and former members of
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the sbc publicly stated. >> for the purpose of influencing an election, that's what this has to be about. not a primary purpose has to be solely for the purpose of influencing an election. this payment, right? to this sorry daniels. here is the statute's campaign funds for personal use. you don't want people who are donating money to a candidate have that candidate spend money on his personal items. i mean, anything in theory could be inflinfluence the campaign, yout the campaign in a nice suit, you don't want a $20 suit made in china that is falling apart at the seams. according to this theory it could be a finance law vie ration. of course it's not. the crucial distinction is separating campaign funds from personal funds. can you imagine where we would be tonight if president trump used campaign
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funds to make this payment. instead he did everything the right way, he did nothing wrong and so spending campaign funds from personal funds and separating those two is a critical distinction. personal funds, i'm looking at the stat use regarding this. spending used to fulfill any commitment, obligation or expense of a person that would exist irrespective of the campaign takes it out of the realm of what we're talking about here. of course, of course, this would exist irrespective of a campaign. >> sean: the president -- the lawyer for the president of the united states. president 45. donald trump. we'll be following this closely. all right. when we come back, huge new developments tonight. congressman james comer, oversight committee has the latest news on the investigation into hunter biden's shady business dealings and democrats are trying to get in front of that. we'll explain
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>> sean: all right. house oversight committee chairman jim comer, 0 experience hunter biden and shady business dealings, ranking member james raskin, records spanning had years. hunter associates that are involved in the joint venture with cfec, as he faces more scrutiny for his covid failures, fauci is lashing out at his critics where musk wrote, my pronouns are prosecute fauci.
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take a look at this. >> we've seen elon musk tweet that his pronouns, the owner of twitter, his pronouns are prosecute fauci. others talked about arresting you and prosecuting you, what is your response to that? your response to musk and what has that been like for your family? >> well, i mean, there is no response to that craziness, jim. prosecute me for what? what are they talking about? i mean, i wish i could figure out what the heck they were talking about. i think they are just going off the deep end. >> sean: all right. joining us with reaction is house oversight committee chairman james comer. i want to start with the subpoenas that you have sent out, there has been a lot of stonewalling in your committee and jim jordan's committee. the subpoenas are critical for you to get to the truth in all of this. what are your plans if they don't -- if they defy your
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subpoena? >> well, luckily for me they complied with my subpoena. two weeks ago, sean, i suba bank for records for three different former hunter biden business associates. one of those associates in particular was rob walker. we got his account. we confirmed that that account around two months after joe biden left the office of vice president received a $3 million wire from two individuals directly associated with the chinese communist party. the very next day after that wire was received, the walker account started transferring money into three different biden family members' accounts including a new biden family member that's never before been identified as someone being in the involved in the influence peddling scheme. so, this is very serious information that we've received, very troubling information. it does show a pattern that the
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biden family was receiving money directly from china. and the question i have, sean, what were they doing in return for that money? now, this is just one account, there are many more accounts and many more associates. beaufort nattily for us, we've had people, whistleblowers who have been coming in. we knew pretty much which account to investigate fortunately the bank did comply with our subpoena. >> all right. there are something called suspicious activity reports that banks writeup. if the transaction is suspicious in anyway, you have been trying to get ahold of those but you have been phasing a lot of resistance. what will you talk to get them? >> as you know, sean, we've been demanding these for over a year. the treasury secretary yellen said we couldn't have them because we were in the minority. when the house flipped she said i don't understand the purpose for why you need these
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suspicious activity reports which is a joke. then we asked for a committee hearing with the person from treasury that signed the letter declining our most recent invitation, they said they had surgery that day. they offered another person. this person then declined. so, we offered to invite them in with a threat of a subpoena for a transcribed interview. we just got word, treasury is going to let us have access to the suspicious activity reports. so, there is still a lot to learn how we are going to receive those. but we're moving in a good direction with respect to this investigation. >> sean: to me this entire case will come down to follow the money and it seems like you are on the right track. it seems like they have been reluctant and resistant being any help whatsoever. congressman, thank you for being with us. a big announcement. more hand knite ou right after this.
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a quick programming note tonight . at wednesday, a mixed martial artist, mcgregor will join us live in front of a live audience . if you would like to be part of the show go to hamady.com. get all the information you nee and how to get free tickets. set your dvr so you never miss an episode. that's all the time we have lef this evening. let not your heart be troubled. here lori ingram. >> are you a big mma fan? >> i am when you attack on, mcgregor by using your very fancy krav maga ripping people to shreds. what will you do versus mcgregor ? i'd pay to see that cage match. >> i would get my ass it kicked. i'm a student of the martial arts. i'm only been at 11 years. i can throw a hard punch. >> you are. i know. i have elbowed buy you a few times it.
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