following breaking news moments ago more migrants buses arriving at port authority in new york city, james freemane traffic we see at the border, that america is not the -- the oppressive place that the left wants you to think it is, we are the most wedge crunch probably in the history of the world, why all people want to come here. maria: yes, you are right. james: not because a horrible place that is very oppressive, and needs to be restructured, they are coming here because they see the hope the opportunity, the success the thriving society that we are. will the that is why they are coming here. now, kamala harris our vice president has been trying to address this problem by attacking root causes i think the theory is that -- we will make somehow get the rest of the world to be more awesome than yu he states so people won't want to come here, to say that is -- >> long-term project under stating it obviously, we knowh hope never succeeds when you want to thrive has to be remembered when you look at people we want a solution all we are getting from white house is chaos, but this is our daily remi

nicole saphier had james freeman. we are going to rocket. right now speaker nancy pelosi is that the capital city of taipei. she is the highest-ranking u.s. elected official to visit taiwan and more than a quarter-century. a furious china is ratcheting up the threats against the u.s. it is just released that statement, let's get into more of it. the united states, for its part, has been attempting to use taiwan to contain china. it constantly distorts, obscures, and holds up the one china principle. these moves, like playing with fire, are extremely dangerous. the chinese state media will hold live fire exercises are in taiwan around august 4th, so thursday of this week, and august 7th. that's just after nancy pelosi will have left taiwan. there are now also reports that a series of military operations could start tonight. tiny warplanes at the ready reported flying very close to taiwan already. taiwan launched military drills to prepare their people for the worst. and for u.s. warship, including an aircraft carrier are positioned in waters

maria: james freeman, let's talk jobs, u.s.k in the month of june, just 10.7 million job openings. that was down from 11.3 million in may. still talking about millions of jobs. we are looking ahead to the july job's report this friday. but we've had layoffs, we have hiring freezes, james, layoff announcements in tech. and does that continue as the registration deepens? james: the trend is not good. you see the report there. that's still a historically very high number of job openings, still a lot more jobs than people looking for jobs in terms of unemployed but obviously the trend not good. what is your base case, what are you investing on, is it the muddle along scenario or is it something worse that you were talking about? >> we are cautiously optimistic and are concerned of what can go wrong and tilting portfolios to the defense side of things, we are looking at healthcare companies which are much better to own and resilient during recession and we are concerned of inflation risk and recession risk is not off the able, energ

. ♪ james: hello, i'm james freeman in for gerry baker.he biden backlash may cost half a trillion of your dollars and it's not even legal. the expected red wave in november is looking more like a ripple and maybe even with a shade of blue. plus, how to hold dr. anthony fauci act a accountable for thed lobdowns and what -- lockdowns and what it means for the wokeness in the sunshine state. first, president biden this week launch add historic assault on taxpayers by canceling up to $20,000 in federal debt, federal student loan debt for most borrowers drawing mix reaction from americans. >> take out a loan, go to school, pay it off just like everybody else did. >> i don't think it's enough. i think it needs to be more than that. >> the debt forgiveness, no. nope. james: president's illegal plan to make taxpayers erase the debts and see how largely will in many cases shower benefits on borrowers who don't need help and foot hard working americans with the bill. the biggest bailout for the academic woke sterling heightses who get paid handsomel

. ♪ james: hello, i'm james freeman in for gerry baker.acklash may cost half a trillion of your dollars and it's not even legal. the expected red wave in november is looking more like a ripple and maybe even with a shade of blue. plus, how to hol

i am james freeman and for jerry baker. credibility on the line after president trumped mar-a-lago home was raided. what we know and what we learned this week of the attorney general. democrats tax-and-spend bill womack simply expand the irs. job descriptions are ready to use deadly force against you. another wave of migrant buses arrived in new york city as a feud between adams and avid heats up. woke this run a mark in our schools. critics say that is what is causing our teacher shortage. we will talk all about it with our power panel coming up. attorney general garland made a brief statement. he took no questions from the assembled media and provided no explanation for monday's search of former president donald trump's home. >> let me address recent unfounded attacks of the professionalism of the fbi and justice department agents and prosecutors. i will not stand by silently when their integrity is unfairly attacked. i am honored to work alongside them. >> this is all that i can say right now. >> the president's constitu

. ♪ >> hello i am james freeman and for gerry baker this because the "wall street journal at large".tion act into law but how will it affect your wallet in your taxes. former vice president pence has a message for the gop over the fbi raid of mar-a-lago, and may not be what republicans want to hear. is

james freeman will be coming up, john, and this debate will surely continue. he'll weigh in on that and more. >> john: looking forward to that coming up. meantime, a federal judge intends to appoint a special master to review the documents seized from former trump's mar-a-lago home. court hearing for thursday, the judge will hear arguments for both sides before making an official decision. however, department of justice said a little while ago that their filter team has already reviewed and categorized all of the documents. david spunt is at the justice department. federal prosecutors believe a special master is not needed and at any rate, their work is pretty much done. >> that's exactly correct. moot point, covering to federal officials. the filing uploaded to the docket, says doj for the past three weeks and it has been three weeks today, since federal officials, fbi agents went into the home of former president trump at mar-a-lago, florida, they say we have done this, we have gone through the information and gone through the evidence and found looking thro

. ♪ >> hello i am james freeman and for gerry baker this because the "wall street journal at large".resident biden signed the inflation reduction act into law but how will it affect your wallet in your taxes. former vice president pence has a message for the gop over the fbi raid of mar-a-lago, and may not be what republicans want to hear. this is biden's border crisis approaches a new record with over 2 million migrants expected to cross illegally into the country this fiscal year our schools are pushing old curriculum to make way for new woke lessons with the gingerbread person. we will take the all up with her panel but first on tuesday the president signed into law something that will increase federal spending by $400 billion and probably a lot more. but other than running a federal expense, what exactly will this all do. it's called the inflation reduction back to you may have noticed democrats are struggling to justify the optimistic title. >> the inflation reduction act for americans but is not going to make the grocery bill cheaper and everyday goods cheaper for them. >> imme

joining conversation all morning long wall street journal assistant editorial page editor james freemanl taxpayers union executive vice president, brandon arnold, good to see you both. gentlemen, appreciate your time. james, let's start with you because when it comes to the raid on mar-a-lago, this notion that there was obstruction and that's why the justice department had to ratchet up -- ratchet up its tactics with respect to the raid that the president was obstructing their investigation, your thoughts? james: i remain skeptical. i think history has taught us to remain skeptical. the fbi when we talk about fbi investigation of donald trump, we remember the history, the manufactured collusion case along with the clinton campaign and there's also in this question, we still get back to that, we have an editorial in the paper on the clinton comey standard. we didn't like it but they basically established a standard that they don't prosecute when a senior former official has allegedly mishandled documents, has not been truthful about documents returned that were work product, has not had

i am james freeman and for jerry baker.the line after president trumped mar-a-lago home was raided. what we know and what we learned this week of the attorney general. democrats tax-and-spend bill womack simply expand the irs. job description

have a great rest of the weekend, and i'll see you again next tim ♪ james: hello, i'm james freeman inaker. the biden backlash may cost half a trillion of your dollars and it's not even legal. the expected red wave in november is looking more like a ripple and maybe even with a shade of blue. plus, how to hol

james freeman has analysis.-a-lago in palm beach, florida. what's happening today? >> things are quiet today. it was not the case just 24 hours ago. this time yesterday morning a team of f.b.i. agents was serving that federal court-approved search warrant executing it inside former president trump's mar-a-lago residence as well as a resort. the president was not there. a couple of secret service agents were there and after they saw that search warrant they left the f.b.i. agents in there. keep in mind this was a federal court-approved search warrant and nothing like this has ever happened at a former president's residence. this is really unprecedented. trump was if new york at the time at trump tower. captured on video by the associated press and fox news digital as he left to go to his bedminster golf resort in new jersey. this all centers on the former president allegedly taking classified and top secret documents with him as he moved to florida from the white house. between 12 and 15 boxes of documents we're

james freeman stands by, but first, peter doocy live from the north lawn. voters. hello to you. >> peter: hello, bill. the president is conducting official business, he's touring flood damage in kentucky but with this huge tax and spend bill now through the senate he's also got the november midterms on his mind. >> i expect it to help, yes, i do, for example, no senior will have, on medicare will have, billed more than 2,000 for drugs, no matter what the costs are. that's a big deal, changes people's lives. >> josh hawley said this, 50/50 senate and unpopular president, they have had major, terrible legislation lots of it. they came to do something. a lesson there for the gop. if they get back congress, they better be willing to fight. $740 billion and comes with new regulations aiming to reduce carbon emissions by as much as 40% by the end of the decade. new regulations that regulate prescription drug prices, and 87 new i.r.s. agents because democrats calculate enough money out there from people doing their taxes wrong to pay for most of this, and audits c

plus james freeman from "the wall street journal" editorial page of democrats passing the big taxingvember as many republicans are suggesting? gas prices, thankfully, falling back to $4 a gallon at the national average. why one big wall street banks has enjoy it while it lasts. oil trader flinders here on that. join us live at america reports at the top of the hour. >> welcome back chris pratt smashes the wall critics of his new navy thriller, the term in the list. it's the second watched tv show in america. chris pratt stars in the u.s. navy seals who returns home and tries to put together how and why his platoon were ambushed and killed. here's a clip. >> you want to tell me what happened? >> somebody fed us bad intel. if i'm right we need to act on this i need names. answers are blood? >> blood. it is a bunch of people tracking me right now so just lay low. i have 12 men lying in caskets right now. this is personal. i may have a new show to watch. despite the series being a huge at the reviewer site rotten tomatoes certified the show as rotten. so chris pratt trolled his codecs on

james freeman, fox news contributor. great to have you here. senator in arizona. he is a democrat and on cnn. listen to this. >> biden come to arizona and campaign with you? >> hey, i welcome anybody to come to arizona. >> do you have concerns about whether president biden is the best candidate to keep arizona blue in 2024? >> not at all. >> dana: fairly confident that he thinks it isn't problem. what do you think? >> he is up for anybody. wasn't a ringing endorsement of the president. you see this around the country. a real awkwardness. president's polls have gotten a little better lately but still terrible. also even the good part of his polls, strong democratic support you see most democrats don't want him to run again in 2024. this is the awkwardness. you see in ohio tim ryan is not inviting the president. i think you will see in a lot of states people wanting to carve out their own identity separate from this president with terrible polling numbers. >> bill: he is going on the road this week. i think the first stop is montgomery county, ma

bring in james freeman, fox news contributor and lauren, great to have both of you. economics of this and how much people will see prices come down as a result of it. but first to this moment where democrats are moving ahead with this, and they may rue the day. if people don't see gas and grocery and heating bill prices beyond that come down as a result of this massive tax and spend plan, people are going to be unhappier than today, and they are not happy the direction of the country, 75%. >> big banner, inflation reduction act around the spending package. most economists would say not much of an impact, maybe higher inflation initially, maybe lower later if the projections turn out. but i think eventually it is more of an inflation risk because it's basically diminishing the productive sector of the economy. it's a big wealth transfer. >> sandra: in the form of higher taxes for business. >> and reduced incomes for everybody in the economy. it's also, it's moving to the alternative energy industry and if you are an investor in alternative energy you love this, but th

james. narrator: funding was also provide, the freeman foundation. and peter blum kovler foundation; pursuing solutions for america's neglected needs. and by contributions to this pbs station from viewers like you. thank you. ♪ ♪ narrator: you're watching pbs. ♪ da-da-da-duh-da-da-da♪ ♪ da-da-da-da-da-da ♪♪ ♪ ♪ narrator: funding for th presentation of this program is provided by... narrator: cfo. caregiver. eclipse chaser. a raymond james financial advisor tailors advice to help you live your life. life well planned. narrator: funding was also provided by, the freeman foundation. by judy and peter blum kovler foundation; pursuing solutions for america's neglted needs. and by contributio to this pbs station from viewers like you. thank you.

dagen mcdowell, james freeman, great to be with you both. "varney & company" begins right now. stu, take it away. stuart: hardest working woman in television, more ya. good morning to you -- maria with. speaker pelosi ended her visit, and china has released a new threat. the ambassador says the u.s. must pay the price for its own mistakes, and we mean what we say. china will conduct live fire mill a tear exercises encircling taiwan starting tomorrow. my opinion? speaker pelosi has successfully faced down china's bluster and has injected some backbone into america's foreign policy. that's an editorial from me. the market likes it. a selloff yesterday over the taiwan tension. this morning, pretty good gain. the dow's going to be up about 170, nasdaq up maybe 80 points. green on the left-hand side of your screen. look at this, interest rates going straight back up. the 10-year yield hit 2.50% tuesday, hot money was pouring into the safety of treasuries. we're back up today, all the way back up to 2.78%. that's a huge move. have you noticed the relative stability in bitcoin? tradin

great point and will be watching after labor day as we go into the fall, how people are feeling, james freeman, brandon arnold, great to be with the. "varney & company" is up next, actually taken away. >> good morning, my wife has a very similar video of me raiding the fridge at midnight as the groundhog. i empathize. good morning jackie, thank you very much. good morning i am ashley webster in for stuart varney today. the department of justice has responded to former president trump's request for a special master to oversee the review of the radon mar-a-lago at the very latest developments on that story. president biden now says defunded the police, not the answer despite his change in tune, his own party has failed to pass bipartisan legislation in the house that would increase funding for lower enforcement officials around the country. banks in new york city locking the doors overnight, why, the atm lobbies have become a haven for homeless people who use them to sleep and as bathrooms, going to talk to new york city councilman joe borelli about that. the quiet quitting trend is leading to a

james. narrator: funding was also provided by, the freeman foundation. peter blum kovler foundation; pursuing solutions for america's neglected needs. and by contributions to this pbs station from viewers like you. thank you. ♪ ♪ narrator: you're watching pbs. ♪ da-da-da-duh-da-da-da♪ ♪ da-da-da-da-da-da ♪♪ ♪ ♪ narrator: funding for this presentation of this program is provided by... woman: architect. bee keeper. mentor. a raymond james financial advisor tailors advice to help you live your life. life well planned. narrator: funding was also provided by, the freeman foundation. by judy and peter blum kovler foundation; pursuing solutions for america's neglected needs. and by contributions to this pbs station from

in terms of hot spots and problem nations, james freeman at the journal, your former colleague, wroteca's energy independence for mineral dependency and he specifically named indonesia in terms of its role as a source for nickel but then also nations like chile, bolivia and argentina called the lithium triangle. so we're enriching ought ofriche other nations that we really don't have good relationships with. they will get one over on the united states, simply because of this handout to green companies and electric vehicle producers. >> we neglect nations like indonesia at our peril. it is the world's most populous muslim majority of country. they are geographically located choser to china. unless we make a big effort they're going to take money from beijing. look at what happened at the solomon islands. hhuawei is building their entire infrastructure. maria: and they're allowing it. it's a strategy. >> the australians are waving their hands and a saying oh, my goodness, how could this happen. it's because we ignored this influence for so long. and i think it was a great step forward,

do about it if kyrsten sinema signs onto this, they have 50 votes, kamala harris gets this as james freemangets the celebrity of going in there and being the deciding vote. what are your thoughts in terms of passage? >> well, it'll be sad if it happens. the good news is in the senate when they used reconciliation they get this process called voterama and can offer amendments that's the nice thing about the amendment. we will be working offering amendment and when the house brings it up it won't be subject to amendment in all probability normally speaker pelosi just puts it out probably we will get the bill and if it's the standard routine we will get the final text at midnight and we will vote on it at 10:00 o'clock in the morning and all the democrats will follow orders and vote for it. we will see whether any of the democrats in the house are actually attentive enough to say, you know, i kind of see what's going on here. let's not do this. maria: wow. >> but i would be surprised. maria: yeah. what a way to pass legislation congressman, really incredible. we will be watching, thanks very m