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by russian fighter pilots forcing down an american drone. >> john: welcome back as "america reports" rolls into hour two. get set to roll again, sandra. >> sandra: a breaking news two hours, john, and following through on that. the latest move by an american rival, and just like the spy balloon, critics are calling on the president to act. >> response can't we do nothing. our adversaries are going to be on the march as long as we let them. >> direct test of the biden administration to try to see what the limits are and it's a message of their displeasure, and a test to see if we'll respond to it. >> john: how will the white house respond to the criticism? >> sandra: start us off, jacqui, a lot could come up a few

moments from new. >> no kidding, sandra. after the spy balloon, the biden administration responded by sanctionings some of the chinese entities involve in the airship of this. and russia hawks are saying the biden administration has to strongly respond to a fighter jet taking out an unmanned u.s. aircraft over the black sea or send the message the u.s. puts up with bullies. >> it's over international waters and air space, they declare restriction over it, they want to conduct military operations, and they are saying anything that flies in there we are going to shoot it done. i think our response should be to fly more of these in the area and potentially have them escorted by u.s. fighter jets who are manned and have the capability to respond. >> john kirby said it's evident this was intentional harassment from russia, the pilot dumping fuel to disrupt the drone's

flight. and kirby said no reason for the fighter jet to be that close to the drone, flying within international law. but it's possible the russian pilot did not mean to destroy the drone and the u.s. is not going to great lengths to finds out. >> we cannot get between the ears of the russian pilot and know what the intent was in terms of striking the drone. it's just -- i don't know that we'll ever know. we are not going on a fact finding mission here. >> kirby did not elaborate but worth noting that russia has been trying to make the war in ukraine a war between russia and the west. so it's entirely possible that no u.s. response is in fact a response and we hope to get some clarity on that in the briefing. sandra. >> sandra: very good. jacqui heinrich, trying to keep up with the breaking news, we'll

get back to you in the briefing room shortly. >> john: mark esper, you heard congressman michael waltz say the response can't be to do nothing. if you were the defense secretary in this administration, what would you be advising this president to do? >> well, john, we should not overreact, first of all, but need to send a forceful and serious response, and ways to do it directly and indirectly. directly, clear an air company up and fly the drones and other surveillance aircraft, put an air company up and be very clear that we will defend our drones if russian aircraft come up to meet it. the second thing, indirect actions, now to tell the ukrainians we will provide them systems to reach out at great distances and destroy russian aircraft or air fields on the ground in crimea. a serious message as well.

that is long overdue, frankly. two things seriously considered. >> john: the idea of combat air patrols. f-18s or 16s or 35s or 22s or whatever up in the sky with the drones? >> you could put them in the air, conjunction with the allies and respond any time we see the russian aircraft to intercept the drones or friendly aircraft. >> john: lieutenant governor general keith kellogg said arm them with reaper 9 missiles, with not put a couple of those on the drone and tell russia this thing is armed and it will defend itself and if you get the su-27s near it you may lose a fifth generation fighters. >> that's not the mission of a reaper drone. it would be an unfair contest putting up a drone against a fighter aircraft. i'm more inclined to put an air

cap up, i think we need to focus on the surveillance mission. >> john: china, xi jinping told china's allies he wants to create a better world order, china as the natural leader. chinese style does not follow the old path of plunder or strong countries. what do you think the new world order would look like? >> this is not new, but one in which there are no human rights, there democracy, only single party rule, you live in a surveillance state, minorities and freedoms and everything are suppressed. if you like that, go for it. i do not. i think china is the greatest strategic threat we face in the century, do everything we can on the military, economic, tech

sphere, to make sure we retain overmatch. >> john: china has built military might and out of the pocket books of american consumers. is it time for an economic divorce with china? deny them the cash that fuels what they are doing? >> yeah, john, good question. i've spoken and written about this. i do think there needs to be a strategic decoupling in key areas, rare earth materials or strategic resources, semiconductors, other things in which we know china wants to dominate a key industry for economic gain or for military and strategic gain. we need to look seriously at those areas and begin the decoupling. >> john: xi jinping is going to travel to russia in the coming days to meet with vladimir putin and says he wants to go to ukraine to meet with zelenskyy, trying to mount a peace mission

here. but china is making i guess entree's to this alliance with russia. if the two of them really do great together, what kind of threat would america face from that? >> they are together. if you recall, 13 months ago just before russia's invasion of ukraine, they came out and talked about their limitless strategic partnership and since then despite economic sanctions on russia and others, china continues to support russia. buying energy off the market, providing technical assistance, dual use equipment. it's very serious if they represent a threat to us and our way of life. it's very important we stand up to them and the 12 point peace plan they put together is ridiculous. it's a way that china is trying to help russia out at the same time play peace broker, but proposing things like ending

sanctions and a ceasefire only benefit the russians, why we should reject it and have rejected it. >> john: mark esper, great to get your thoughts. the chinese new world order would not look much like where we are now with democracy, freedom of speech, freedom to roam, it would look different this world, i think. >> sandra: that's larry kudlow in the background, already gearing up to join us after the commercial break. very interesting conversation with the former secretary, john. meanwhile, a live look at the white house. waiting the white house briefing, scheduled for the hour, running behind here. new revelations from the committee and james comer and ties to hunter biden and business dealings and banking accounts of family members.

likely to be some big questions put to karine jean-pierre. >> john: and the fallout of the svb collapse continues and the biden administration critics are accusing it of baling out the failed bank at taxpayer expense. larry kudlow is fired up and ready to go. he joins us next. my ameriprise advisor has helped me navigate uncertain times before, now is no different. with his advice, i'm confident i'm on track. the plan we created is for the long term. no wonder clients rate us 4.9 out of 5 in overall satisfaction. ameriprise financial. i brought in ensure max protein with 30 grams of protein. those who tried me felt more energy in just two weeks. uhhhh... here, i'll take that. [woo hoo!] ensure max protein, with 30 grams of protein, one gram of sugar and nutrients for immune health.

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mhm. i got us t-mobile home internet. now cell phone users have priority over us. and your marriage survived that? you can almost feel the drag when people walk by with their phones. oh i can't hear you... you're froze-- ladies, please! you put it on airplane mode when you pass our house. i was trying to work. we're workin' it too. yeah! work it girl! woo! i want to hear you say it out loud. well, i could switch us to xfinity. those smiles. that's why i do what i do. that and the paycheck. >> sandra: we are waiting a white house press briefing at this hour, inside the two-minute warning to karine jean-pierre. a big briefing because there's a lot of hot topics on the table right now, the white house's response to the collapse of the silicon valley bank will be in play, the russian plane taking down the american drone and brand-new revelations, of course, what we are learning

about the money trail through james comer committee from china through hunter biden's business partner landing in the bank accounts of biden family members, one including an unknown biden family member. more on that coming up. we'll get in there as soon as the questions and answers begin. but first, larry kudlow is here, host of kudlow on fox business. thank you so much. had a very, how was our discussion last night? >> fabulous, fabulous, always fabulous. there is wonderful. >> sandra: the wall street journal is reporting first republic bank, a lot of concern the next svb, it was going to go down, but wall street journal is reporting it is in rescue talks with some of the biggest u.s. banks out there, you made the call when i was talking to you on the show. said why can't the other banks step up? >> classic private sector solution, which i love, how this

game should work. first of all, they should have sold silicon valley bank to a private company. they should have made that sale, right. >> sandra: and should have been easy. >> they are lining up to buy it, the fdic has some left wing and that puts more fees, janet yellen denied. if jpm want to give some deposits. >> sandra: $15 billion? >> it may be hard to figure, but they can sort through that at a low deposit rate, that's terrific, and replenish first republic. one has to assume, though, that as their pound of flesh, like a smart banker like jamie damon

will say, you better improve your risk management, requirements of their own or personnel requirements. >> sandra: tough love. >> use the private sector, do not have the government taking over the banks. that's key. i like it very much. very bullish. may have something to do with the stock market rise. >> sandra: definitely. you can show the moment the report came out, we were in the red and news of reporting got out there and ran with it. it's not a huge rally but in the green up 273 points. >> you have to ask. i don't know, i know the media is constantly reporting a new financial and banking crisis. i don't know if that's true. i don't know if we have a true financial crisis. i think what you have is one particularly rogue bank, that being silicon valley bank, that

did crazy things. >> sandra: why is the federal reserve mon -- >> the fed may pause for one month. i'm telling you, they have to raise rates more, the economy is strong, the atlanta fed is predicting 3.2% growth in q1, a huge number. and inflation rate is 5 or 6%, 2 to 3 times the fed inflation target. so what i'm trying to explain to you is the fed might pause judiciously, but only for a few weeks. i don't know that we have a banking crisis. we may, and these things tend to come in clumps, impossible to predict, just opening up because i approve of the fed's lending mechanism here, i don't approve what the fdic did in terms of uninsured accounts.

they should not have done that. in times of emergencies, you lend generously at good collateral, a penalty discount rate. >> sandra: so andy pudzer joined us last hour, talking about the woke management, and lead to a tsunami, opposite thinking of what you are saying right now, when it comes to the big banks. listen to this. >> biden's policies of extremely excessive federal spending when the pandemic was basically over, starting with the new ironically named american rescue plan, drove inflation. the banks, apparently they never go to the grocery stores, the executives, did not know the interest rates were going up,

they ignored the risk. >> sandra: your reaction to that, he says woke obsessed bankers in the president's mad spending fueled the banking tsunami but he says you are going to pick up the check. >> spending jawing -- jagernut is true. woke policies, i don't like them, i don't obsess about climate change, i want all the above energy policy, supporter of hr1, the house republicans will reopen the spigots for fossil fuel and everything else, it will help renewables. this bank in silicon valley was a rogue bank, did insane things. the board was full of hillary clinton donors, one person there with banking experience, gave

$75 million to black lives matter, $5 billion to climate causes and diversity causes, it's nonsense. this is a rogue bank. >> sandra: warren says they were able to go rogue, congress handed powell the aim thrower. >> elizabeth warren, bless her soul, is kind of rogue herself. barney frank on the board of the other board that went down, said this is aboutly -- >> and so again, there's a legislation that we are encouraged to see and will, you know, continue to work with congress on what else can be done and but as we know, we can't -- quite a bit that we can

do administratively but without congress there is not -- without congress we can't fully deal with the issue, so as the question on the regulators, you know, already underway the regulators the president appointed reversing the changes we saw in 2018, but that again, but we need congress to take -- we can't let congress off the hook and they need to take action. both of congress and regulators to strengthen those rules, that's what we are calling on to do. >> secondly, there are reports -- [inaudible] >> sandra: ok, this is on first republic, taking a question on the multi-billion dollar plan we just reported to shore up first republic, breaking news from the wall street journal. >> specific institutions from here because of the actions that the regulators took at the

president's direction, depositors know they are safe and banks can meet the depositors need and demand, i'm not going to get into specific situations from here. >> question on tiktok. >> sandra: respond to that. >> i want to say the 2018 bill which was a reform bill was bipartisan. like 18 democrats that voted along with republicans, and all it did was take some of of the pressure off small community banks and some regional banks so that too big to fail did not apply with every bank in the country with the paperwork that made them uncompetitive to the top 5 or 6 banks. nobody seriously beside elizabeth warren and joe biden, nobody is blaming those and they don't have a bipartisan bill now

and everybody on both sides of the aisle say there will be no bill. you don't need a bill. what you do need is adequate supervision and examination by the regional reserve banks that overlook the holding companies or by the control of the currency. they have not done their job. it's not a regulatory issue. as frank said, it's a liquidity issue. supervision with bank examiners, they have to operate monthly, quarterly and so forth. they are the people that implement these policies. that's where the break down was, the federal reserve should be ashamed, controllers should be asamed and the fdic should be ashamed, they didn't do their job. not a regulatory bill, let the private sector work it out. silicon valley bank was a rogue

operation, not every bank that that super woke. what we heard from andy is way overstated. but the point is, use the private sector, sell the bank, let private banks help the regional banks and out of it with without a banking crisis. we don't know that yet. >> sandra: you are the eternal optimist. thank you, larry, and we will monitor the press briefing at the white house. dip back in as the news warrants. >> john: a briefing from the pentagon set to start any moment now, growing calls for a strong response to the russian fighter jet attack on an american drone over the black sea. this is brand-new declassified video showing the jet buzzing by the drone before striking the propeller which forced the drone back. they say the recovery would be

nearly impossible. military officials slamming russia for intentional aggression. mike tobin is in kyiv, clear evidence of what happened yesterday. >> it is, new information, john, from the pentagon, confirmation through officials that indeed russian leadership did order those pilots to be aggressive with the u.s. drone over the black sea. could not confirm whether they had been ordered to clip the drone but we are hearing that is highly unlikely, quite possibly what happened there was pilot error in the course of being aggressive with the u.s. drone. but you talk about the release of video. what we can see from the video is that the russia fighter comes up from the rear of the reaper drone and the plume behind the fighter jet is the fuel dump that officials talked about, intended to menace the drone, it would not do too much to disrupt

the operations. a second pass on video, it freeze and go to color bars and pixalate, when it clipped the drone. and after the strike from the russian fighter jet with the damaged propeller, and that's what the pentagon says forced them to ditch the drone in the black sea. but one thing that is clear for the pentagon has said all along, russia did this and russia intentionally acted aggressively. >> i can't -- i can tell you with certainty, though, that we have absolute evidence of the contact and very aggressive, you've heard about the dumping of the fuel and everything else, we have video evidence of all of that. >> russian ships did not waste any time, according to u.s. officials to get out to the site in the black sea, about 75 miles

southwest of crimea where that u.s. aircraft went down. what we are hearing from u.s. officials is they have recovered little, if anything from the debris of that drone and one of the things we learned yesterday is it went down in 4 to 5,000 feet of water, and any technology of value was most likely destroyed. >> mike, thank you. >> sandra: u.n. nuclear watchdog inspectors are talking about a security concern in libya. two and a half tons of natural uranium has gone missing from a site not under government control. greg palkot from london, a possible radiology risk? >> certainly, a lot of questions, a lot of concerns, sandra, a big, big nightmare of security experts is rogue elements getting their hands on

radioactive material. the potentially dangerous batch of uranium announced had gone missing is enough if it was properly enriched to make half an atomic bomb. leftover when the program f from -- he dragged his feet, ousted in 2011, and stockpiles of raw uranium has remained. with chaos in libya, the fate of the material has been a concern and why the u.n. has been trying to keep tabs on it, including a warehouse in the southern part of the country. the latest departments, one of the authorities claims to have found the missing barrels of the stuff three miles from the stuff, looted from the location, and thought the folks who did it assumed they were making off with more standard kind of weaponry, when they realized

they got more than they have bargained for, they may have ditched it. they are trying to verify the reports and how they keep tabs on this dangerous stuff. back to you. >> sandra: greg, thank you, live in london on that. l >> i can reassure the members of the committee the banking system is sound and americans can feel confident their deposits will be there when they need them. >> treasury secretary yellen facing tough questions from lawmakers on the senate finance committee as they try to get to the bottom of the recent banking failures and while democrats are pushing for legislation that would reverse the roll back of the banking regulations. republicans like john thune want to know why regulators were asleep at the switch when it came to silicon valley bank and good to see you. >> good to see you. >> john: heard karine jean-pierre say it's up to

congress to come up with the tools to prevent another svb going on in the future, and of course we all remember back to the fiasco of 2007 and 2008. you are in congress, you've got the power to do this. what do you think should happen? >> first off, i think we need the question has to be asked and they will have these guys in front of the appropriate committees in the congress, the senate banking committee, what went wrong. this seems to me like an epic failure of the job that they have to supervise the banks. and a bank loading up with securities losing value and that you had all these unrealized losses on bank balance sheets you would think you would put up a red flag there. and seems like they completely missed it. i think we have to find out why the regulators failed, missed it. >> john: why do you think they failed? >> i asked yellen this morning

and we need to ask the fdic and the fed when they come in front of the senate banking committee, are they work to work? a lot of government employees have been staying home and you have to be on-site to get this done. and she didn't have a good answer. asked whether the pandemic was over and how much of their workforce is back in the office, but i think those are relevant questions and i'm anxious to hear the answers as to why what appears to be very obvious, even to people somewhat laymen when it comes to these issues, this was a huge problem in the making. >> john: fdic insures deposits up to $250,000. yesterday 94% of the deposits at silicon valley bank were in excess of that, and biden is making all the depositors whole. a lot of them are also big democratic supporters. are you suspicious here that this is looking after the people

who have been good to you? >> it's hard not to be suspicious. if you look at the -- just what's happening there and relative to other banks around the country and what they have in terms of insured versus uninsured deposits, this bank you knew was running up huge amounts. totally out of whack. usually 80/20 the other way, and what you had is a lot of large -- people with large bank accounts who should know better. they know when they are putting known in the bank, covered up to $250,000. what biden is saying is that we are going to assess fees on everybody else around the country to cover the deposits of these uninsured depositors, and i think the american people will have hard questions about that and they need to answer when they come in front of the relevant committees. she said there would be no bailout by the taxpayers, and we

will adhere to that. this sounds like a bailout. >> john: certainly does and one is making the point they baled out svb, so the precedent they have to bail them all out. and tiktok, the biden administration is sending a message to bite dance, the chinese parent company, sell tiktok or you risk being banned in this country. what do you think of that? >> i think that makes sense and i think that's based upon good information, good intelligence but probably not enough. i think we have to examine and perhaps take action of tiktok. tiktok will challenge this, they did previously, the trump administration tried to ban tiktok and went to court and won so if they are successful, we need a better process in place.

so a lot of democrats and republicans on board with it that creates a rules-based process, where the types of technologies and platforms can each be reviewed to determine whether they represent a national security risk and i think those are -- and whether or not that platform needs to be blocked, mitigation measures, but i think that process is an important one, not just for tiktok but other types of appses and technologies that continue to come into this country. >> john: karine jean-pierre was talking about that, you have the full support of the white house, you and senator warner. tiktok response came and said protecting national security is the objective, divestment does not solve the problem. it would not impose new restrictions on data access or flows, and the data will be flown somewhere. >> in a free market economy,

hard to pierce if they create the corporate shield, sell to another company, and i think the information -- i think what most importantly comes out of this is the american people when they use these apps, particularly those that are owned or partially owned by chinese or the communist party, they need to be vigilant and a lot of the information and data is very well-being stolen. start there and then we have to do our part to do everything we can to get the information, intelligence and if we need to, to move forward with banning or blocking. >> john: if you are a parent, just say no. easy thing to do. although a little blowback. you have to stand your ground. >> senator thune, good to talk to you, appreciate it. >> john: the pentagon briefing has begun. >> sandra: we are monitoring the

white house there, and the pentagon briefing, not quite yet on the russian fighter jet that downed the american drone but big questions as the video was released to the public over what the intention was of russia, where it is reported this decision was made at the highest levels of the russian government, not sure where vladimir putin himself was involved in that decision, according to those reports, john. big questions over what we are doing about the drone that is in the very deep waters there, whether or not we are going in to retrieve it and as parts from our pentagon reporters, that russian ships rushed to the location of that drone as it sunk to try to retrieve what they could. so looming questions at this hour, the pentagon briefing will be important. we'll get in there as soon as they dive into that new video. >> john: we don't have any ships in the black sea so us getting to it in a timely fashion would

be difficult. it would take a long time. the pentagon, mark milley was suggesting probably not much left of this, they took measures to neutralize anything, any information the drone could yield to russia, a lot of people are reading as a remote software wipe. i don't think there's a self-destruct on the reaper drone. when they may be after is the camera that's on the bottom of the reaper drone, probably the software, too, but the camera, very sophisticated, and can see everything within a huge radius and the russians may be hoping they can get ahold of that and reverse engineer it as well. >> sandra: they are taking questions on the pentagon on exactly that. dip in and listen. >> the risk of russia framing the conflict instead of a conflict between russia and ukraine but between russia and

the west? >> first of all, it's not unusual for us to release imagery of unsafe, unprofessional incidents. we have done that in other situations and so particularly in this case, given the reckless and dangerous behavior and to demonstrate publicly what type of actions the russians had taken we felt it was important to provide this imagery. there are certain considerations to include the classification to ensure we are not putting out sensitive information but in this case we were able to work through that and provide that. as far as russian perceptions, it's important to take a step back and the big picture. focus with ukraine is solely on providing ukraine with the support to defend itself. ukraine has a right to defend itself and we have a right

alongside the international community to do that. the united states does not seek conflict with russia, we do not seek escalation with russia, and so we are going to continue to stay focused on our primary mission in the ukraine area which is supporting ukraine in its fight. >> declassifying the video and releasing it, you know, russia has suggested it did not show the actual contact. how does that counter that narrative and show it happened the way the pentagon has said it has? >> i think our words and our actions speak for themselves and similarly russia's inaccurate information, false information, grasping at straws, changing narratives, speaks for itself. so focussed on the facts and the mission. liz. >> first part of my questions are did the u.s. ask for an

apology from russia on taking down the drone and did russia offer an apology? >> no, did not ask for apology. again, our focus was on highlighting the fact as we have made very clear publicly and privately that the united states will continue to fly and operate in international air space in accordance with international law. >> second part is it's come out that russian officials ordered the pilots to be aggressive and they have seen increased russian aggression in the middle east. does the u.s. have promises russia will decrease aggression? >> liz, what i will tell you, again our focus is on conducting our operations in support of our national security interests, our allies and partners around the world. ultimately the military and the government is responsible for its own behavior and when it's

unsafe and unprofessional we will call it out. that will continue to be our focus. you've heard secretary austin, general hecker in europe and others call on the russians to be safe and professional in conducting their operations and that would be the expectation going forward. thank you. >> secretary austin has said the u.s. will continue to fly wherever enter national -- in light of that, has the u.s. operated mq9s since the crash? >> i think secretary austin was clear we are going to continue to fly and operate in international air space where international law allows, and that includes the black sea region. thank you. travis. >> thanks, pat. a couple questions about the suicide working group. i think i heard you say the

secretary is immediately implementing some of the recommendations -- >> sandra: we are monitoring two big news conferences, this is the briefing at the pentagon at this hour. also monitoring karine jean-pierre, taking questions at the white house. she's been asked a lot about the possible escalation that could result after russia took down that american drone. she said nothing more than what we have already heard from the pentagon and the white house calling it reckless and dangerous and did not offer any further detail on that. we are still waiting on jacqui heinrich, she'll get an opportunity, hopefully, to question the press secretary is he white house. when that happens we will get back to that live event when that happens, john. >> john: so, where are we going now? i don't know. ok, jacqui heinrich is asking a question. >> undertaken for the safety,

comfort, convenience and dignity of the passenger and in keeping with the one china policy which remains unchanged. transits are not visits, they are private and official and unofficial so high level taiwan officials have typically met with members of congress, a separate and co-equal branch of government but i believe taiwan has not announced a transit at this time. >> banking. any actions the white house is taking right now before congress with pass new legislation to prevent further contagion, further banks from failing and that potentially bleeding into the economy? >> as i mentioned, and heard from the president over the weekend and on monday, directs the nec and the treasury secretary to work with the bank regulators to take action and you heard from directly from the secretary of treasury today about what those actions were able to do, to give confidence to the american people, making

sure the taxpayers do not have to pay, not responsible for what investors did and making sure that our banking system continues and remains sound. those actions that the government took -- >> i can tell you this. we have said there is going to be more will be said on this once we find out how this occurred and getting to the bottom of exactly what happened. the president thinks it's very important to do. he spoke about that on monday, so not going to get ahead of that. in the meantime, congress needs to act. it's important for congress to act. there are things we can do in the administration but in order to really deal with this issue we have to act. that's why we are not in 2008 because of the actions that the obama-biden white house took but again, many of those actions that were taken for, after what occurred in 2008 were rolled back by the last administration. so we have to address those issues, so asking congress to do

that. >> john: she says what happened with the silicon valley bank was because of the trump administration, and instead of -- the deposit level is way above what the fdic normally insures people that. with that, the white house and sandra. >> sandra: bombshell admission, subpoenaed bank records show president biden's daughter in law hallie received money in 2017. the first actual money trail that cash was funneled from china through hunter biden's business partner into biden

family accounts. thank you very much, for breaking in on this. >> up to 6 or 7 bidens involved in profiting from this. number one, businesses have links to china, ok. a little disturbing. you should know details on this. and also tax records. administration -- excuse me, the democrats in the house were great getting tax records, it might be interesting to get the tax records from the bidens to see if anyone is paying taxes, logging it in or declaring it. and now another $1.3 million goes to hunter and james, don't know what for. and the big guy was linked to the program building places in undeveloped countries to extort them of infrastructure and take influence over them, and no longer a great place to invest after he was vice president,

questionable, and now according to james comer, 6 or 7 bidens, and i wonder what else it could lead to. you know jamie raskin goes out of his way to say how dare you do this, such an overreach, to find out what they are ordering from starbucks and papa john's, it's really not. it's really bank records that lead to other stories, to a bigger story. what were you doing in china, what did you get in return, and is anyone actually working for the money they are getting, 1.2 million, up to the 2.1, the company is worth 2.1 billion in assets but they are getting paid 2.1. >> the statement from comer, the chairman of the committee on the payments to family members, important the money trail shows dates and amounts of money, march 1st, 2017, 2 mogs after

joe biden left office, and wired to a company, and the next day money to a biden family associate. the biden family received approximately a million dollars in payments over three months in different accounts. received approximately one-third of the money obtained from the china wire. it names names with the exception of one unknown. >> big guy. >> sandra: -- biden family member. should be some focus on that, someone not named. >> a couple of things. hunter and his brother earned $4.8 million from cefc. i don't know too many people that got $4 million over five years and don't have any of it left. this guy is living in a guest house in malibu for free, and someone paid off his taxes, and

where the money is, what he did to earn it and not curious what they were doing. granddaughter was asked to speak at the university of pennsylvania, found a letter that said you've been requested to speak in china. the only reason you are asked to speak because of your last name. don't worry about that, don't let that bother you, go and make the most of it. a synergy between china and the bidens. we don't know what they were doing for it, how they profited and where the money is. and don't know the other bidens between 6 and 7. multi-generational and hallie had a relationship, and then left and a kid in between, there are so many pictures on the laptop they were able to name the people involved in all the stories because all their personal information is out there. >> sandra: brian kilmeade, appreciate your time, and

miranda divine has been on this from the very beginning. joining us live tomorrow as well. >> john: something to look forward to tomorrow. some american colleges are now dropping their humanities programs. what's behind the curriculum change? that's coming up next. we all need cash in the bank to stay ahead. well here's great news for veterans who own a home. home values have climbed to near all-time highs, too. that means the cash you need is right there in your home. newday can unlock it with the newday 100 va cash out loan. it lets you borrow up to 100% of your home's value. not just part of it like some other loans. pay down high-rate credit card debt, consolidate your second mortgage and car loans, and have the security of cash in the bank. the va has granted newday automatic authority. when banks so “no” to a veteran, newday can say “yes.”

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>> john: some u.s. colleges are now making changes to their curriculum doing away with humanities and cutting other less popular majors like english. our chief washington correspondent mike emanuel has more. mike? >> the american academy for arts and sciences say fewer than 1 in 10 student graduated with humanities in 2012. with college costs soaring, students need to be practical. >> students are carrying more of the load for a cost of an education. that means they're -- they want

to make sure that they can pay off their loans. >> the research suggests the drop started 15 years ago when the economy was in a major recession and that trend is continued leading some schools to respond to fewer humanities students. a spokesperson for marymount university in virginia tells fox it just dropped its english major "after a persistent yearly decline in applications. it was recommended and approved by the board of trustees to remove the program from our program inventory. this decision reflects needs but our responsibility to prepare the students for the fulfilling in demand careers of the future." another expert says ideology may be turning off students. >> students that find that their study of literature inevitably turns to either an exploration of the arcane theoretical

interests of the professor or high school teacher or more commonly now an indulgence in an idealogical or politicize d stuy of grievance. >> that expert argues the study of literature ought to be compelling and beautiful. john? >> john: he put it so succinctly. remember rubio back in the 2016 campaign. he said if he was president, he would post the average sally for a greek philosophy. >> i'm partial to greek philosophies. >> i get it. >> what is the average salary for a greek philosophy. see you saturday. >> thanks, john. >> john: sandra, that wraps it up today. >> sandra: jam packed. we'll continue to monitor that white house briefing as its john going. great to be with you today.

thanks for joining us. i'm sandra smith in new york. >> john: i'm john roberts. "the story" with martha starts right now. >> martha: and what a story it is today, folks. good afternoon, everybody. i'm martha maccallum. our correspondent benjamin hall and his wife, alicia, one year after the attack in ukraine that nearly took his life. we'll show you never-before-seen footage from the new fox documentary that reveals the actual attack much of which was filmed. the super heros that risked their lives to save ben, their stories, their former special forces, incredible and then the family's struggle and his struggle to get home to them. all of that coming up. but first, story breaking late today. new evidence that $3 million found its way from a chinese company to biden bank accounts. we're now learning tha