ashley: all right, interesting stuff, edward lawrence at the white house. edward thank you very much. all right, coming up, the surprising reason you could soon be paying more for your next slice of pizza, say it ain't so. plus, the small business with a very big idea to help protect america's heartland from record crop-killing heat. all right, as we head to the break the dow up slightly 19 points, or thereabouts the claman "claman countdown" coming right back. this may look like a regular movie night. but if you're a kid with diabetes, it's more. it's the simple act of enjoying time with friends, knowing you understand your glucose levels. ♪♪ i'm so glad you're ok, sgt. houston. this is sam with usaa. do you see the tow truck? yes, thank you, that was fast. sgt. houston never expected this to happen. or that her grandpa's dog tags would be left behind. but that one call got her a tow and rental... ...paid her claim... ...and we even pulled a few strings. making it easy to make things right: that's what we're made for. usaa. what you're made of, we're made f

go to edward lawrence, you think about it, edward, chose today all days to make the case things are fine in the middle of a market selloff. to be fair to him he doesn't obsess in the markets like his predecessor did, even allowing for that i don't know i would make the pitch today. reporter: timing different quite work out for the white house. the president also saying he recently met with the federal reserve chairman but he does understand the independence of fed. nobody is saying there is unchecked inflation. he is making the case as you stated there there that he believes he brought the economy back from the brink as you see the markets are selling off. as you say because of that covid strain that has increased there. now if you look, in fact, five of those texas democrats who came here fleeing texas, five of them have now tested positive for that covid variant. there were 60. they were in a meeting with vice president kamala harris and senator chuck schumer. the vice president on her normal schedule is here at the white house today. the covid fear hit the markets has not reached the

brian: edward lawrence, with the numbers, thank you, we appreciate it.are calling it bernie's burnout progressive still aiming for massive spending despite the strong jobs numbers, many are distancing themselves from senator sanders saying he's not pushing president biden far enough to the left. joining me now former senior white house advisor in america first legal founder stephen miller, so glad to have you with us today i want to talk about their reaction for senator sanders, this is interesting because were several months in to the administration ten year and were already hearing senator sanders isn't doing his job, your reaction to that. >> is quite astonishing, they should be very grateful progressives on the left for senator sanders, immensely grateful. his agenda has been adopted really without alteration by president biden, we have joe biden in the oval office and we have bernie sanders policies being put into effect, the only thing i can think in this sounds mean but it's not me saying it the only thing i can think is that progressives had sour

edward lawrence on this back and forthright now in washington. hey, edward. reporter: neil, unpacking all of this. the president is trying to get the groundswell support later this afternoon. he will be meeting with mayors and governors about that infrastructure deal pushing this other one but he needs to make sure that he pressures house speaker nancy pelosi to get that bipartisan deal up and passed. the president is doing -- here he is trying to make sure bipartisan support for the infrastructure is here as well as holding on to the progressive left-wing of his party. democrats you mentioned top line deal on the other package, $3.5 trillion. it included expanding medicare coverage for dental, vision, hearing. it will focus on climate change. language prohibiting raising taxes on anyone making $400,000 or less as well as small businesses but senator mitt romney is saying it is shocking and taxes will have to go up and dangerous level of debt will have to pay for it. the president again you mentioned going to a luncheon today leaving shortly. he wants to lock

edward lawrence at the white house following all of that. hey, edward. reporter: neil, we have to see if the rally or the market stitt keeps in the grown after all this. as you mentioned a new report out in may there is a big difference between this administration and the last administration. it can be seen in the jobs report came out this morning as well as gas prices. but job openings specifically, we're in the third record month of record job openings in the u.s. 9.2 million jobs are open in the u.s. as of the month of may. 9.5 million people are unemployed as of the last check there. when you talk about that, talk about energy policy also. we see more regulations, more problems with opec. it all opened the door for a massive surge in the price of gas. aaa is saying that gas prices have risen 40% this year alone. look at these numbers. now the national average for gasoline, gallon of gas is $3.14 a gallon. aaa notes that oil prices hit a seven-year high this weekend and the automobile association believes gas will average $3.25 a gallon by the end of

edward lawrence on all of that. reports that hackers are demanding a lot of money, $70 million to make this all go away. edward? reporter: huge payday for them they hope. no action yet coming from out of the white house. what is happening the president directed all the agencies to investigate what's happened with this. the fbi is working directly with the companies that have been affected with this. this attack may have reached 1500 client companies of the florida firm that was attacked. that firm does remote i.t. over the weekend the president quickly addressed the incident, getting more ice cream in michigan. >> directed full resources of the government to assist in the response. it is either the knowledge of and or consequence of russia then we told putin we will respond. reporter: on the dark web researchers found posts from an affiliate of real evil, hacking group connected to russian gangs, asking for 70 million in exchange for decryption machine that unlocks all the machines affected. we're talking about compa

edward lawrence is live at the white house. busy day, edward? on with your liberties, mandates coming at you. cdc as you mentioned will announce new recommendations, that fox news confirmed those recommendations will say some people who are vaccinated in some circumstances need to wear a mask. this is very different than the mantra from the white house over the past couple of months. in fact last may the president declared that if you get vaccinated you do not have to wear a mask. apparently after three eastern time that will be untrue. some local governments have already gone forward imposed some of those mask mandates for wearing masks. savannah, georgia, provincetown, massachusetts, los angeles, st. louis, all reinstated mask mandates for people indecide regardless of vaccination status. clark county, las vegas, requires all employees to wear masks if they deal with the public. the shift is away from opening up has been happening that started here. white house admits almost all the hospitalizations and deaths from the delta variant comes from

i want to bring in edward lawrence who is live at the white house with the very latest. you would be shocked to learn that white house economic advisors that all the government spending will stablize prices in the long run. president says once this supply chain issue gets worked out, that inflation will start to settle back down. others that i talk with disagree. economists are saying that once you get inflation out of the box it is going to take the federal reserve to put it back in the box. you look at extra regulations coming with this administration. republicans say with all the government spending already in the economy, and the proposals the white house is pushing, the fed might have taken a bolder action sooner than expected and that is the concern. so inflation talk is also making its way into the bipartisan infrastructure bill. senator chuck schumer says he wants to start that bill moving, the process on votes moving tomorrow. senate minority leader mitch mcconnell saying republicans will not vote to go forward with that bill tomorrow until the final language is

edward lawrence has been tracking this. i'm going to use this company unilever as a bellwether. you've used their products. ben and jerry's ice cream, dove shampoo and hellman's mayonnaise. sales were up 5%. that's good news. tucked into the fine print it says that operating margins are expected to be flat in 2021 even though the company says sales will grow 5%. what that means is the cost to make their goods have gone up and the company will pass that on to you to meet profit goals. at the white house, they're still deflecting. listen. >> first, i would say the president is quite focused on making sure we're doing everything we can to help middle class families as the economy is recovering and as there are on going challenges in our economy thats that been longstanding, including supply chain issues. >> neil, they hope the supply chain issues is the magic key. once that settles down and inflation settles down. we'll have to see. back to you. >> neil: i loved your shampoo comment. i'm curious as to these guys that have to fa

to the white house, where edward lawrence has the latest. edward?t meeting, lauren, still going on and the mayor of d.c. is here at the white house, for that meeting. you know, the white house pushing that gun control is the way to stop this surge of violence around the country, that they are seeing largely democratic-run cities and also the white house deflecting the fact that it's that message of defunding the police that has opened the door for this wave of crime. instead, white house officials today telling us it's because violence interruptors like social workers, could not go to work during covid. >> there are a range of factors that lead to a reduction in crime and different communities have different challenges even if guns are gun violence is a big driver in many communities across the country, but we'll certainly be working closely with them. reporter: republicans are pushing or saying that drum beat of two years now, the de fund the police as well as the message that police might be abusive or there might be some racism in police departme

edward lawrence is live at the white house. good afternoon. >> good afternoon, trace.ent brought his spending plans to the american public here. he wanted to talk about colleges and child care. he pickeded mchenry county college because it has on-site child care. you can see he's getting a visit there. talking about a lot of taxpayer money. the president wants two-year community college free for everyone. that cost, $109 billion. he talked about expanding pell grants. he didn't mentioned it would cost $80 billion. another $39 billion for subsidized tuition. $228 billion in spending there. so if you to the math, that means every man, woman and child in the united states would fork over a check for $690 to the federal government. so some of those people that qualify for the benefits can get it. the president says it's worth it and more. >> that puts america's rescue plan in our work and move forward to do a lot of things including we're close to defeating the virus. the last time energy -- the economy grew at this rate was in 1984. ronald reagan was telling us that it wa

go to edward lawrence in washington for the latest. edward? >> the good news here for some folks, he kept the rates inchanged. the fed is pushing money into the economy. the federal reserve chairman confirmed that they started to talk about removing that help. powell acknowledged that inflation has come in hotter than expected but sees it speaking in specific categories like used cars, hotel and air fair which is all due to reopening. it will come back down in the medium term but did not define "medium term." many have told me that they warned inflation will last well into next year. we know the fed chairman is pushing this transitory inflation. so i asked him about jobs. why we have 9.5 million unemployed with 9.2 million jobs open. powell says that the number is a number of factors that played into this. first, not only is it about going back too old jobs but it's also being selective about finding new jobs, plus he says some are afraid of going back due to covid and also he said this. listen. >> schools are not fully open. parents are at ho

of the delta variant seam and some particularly hot spots of the country, the white house were edward lawrence is standing by with the breaking details, were also looking at a lot of companies that may escape reaction and adaptation of what's happening at the cdc. >> this is gonna play a role in the markets later on today for the next hour into the close as well as tomorrow getting deeper into the recommendation that was just released the cdc is saying if you're in a substantial or high transmission area you should wear a mask no matter your vaccination status they did not to find what substantial transmission means. the cdc recommend community leaders push vaccination and push masking up, finally the new guidance as all teachers, students, staff and visitors k-12 schools should wear a mask regardless of vaccination status that will affect the fall school, this is opposite of what the white house is saying the past few months as they try to get americans vaccinated. the goal for the administration was 70% of americans having one shot by the july 4 weekend here we are almost august, 69% of the

the recovery edward lawrence in washington, d.c.h all of the details. >> there gonna try to manage inflation you talked about the federal reserve jay powell made a point to say he knows inflation is coming a much harder than he expected and he downplayed the effects of lasting inflation powell said they will receive in. the medium-term inflation but did not decide what medium-term was. >> essentially all of the overshoot can be tied to a handful of categories is not the inflation that is spread broadly across the economy, it's new, used in rental cars and airplane tickets, hotels and a couple of other things, each of those has a story attached that is about the reopening of the economy. >> he said it will settle but for the third month is be expectation powell says successive waves of the virus has less and less impact ones te economy offset by the vaccination, john barrasso believes all the addition from the federal reserve being added on to by democrats in congress, it all could take and put a stake in the recovery that we are see

back to you. >> neil: edward lawrence. thanks. if the federal reserve is criticized for dropping the ball, is congress going a step further by spiking it adding more spend something better than 35 million americans are starting to receive child tax credit payments that could total up to $900 a month for many and the president wants to see this continuing not only this year and into next year but in future years. that's a total cost of about $100 billion a year if it goes beyond. hillary vaughn with more right now on all of this. hillary? >> hi, neil. democrats are taking full credit for this extra cash going to over 35 million families, but also reminding people that republicans did not vote for this bigger tax credit that was included in the american rescue plan. chuck schumer today said that this extra money "is a big effing deal." he's right. a couple of families are getting a couple hundred bucks every month. for an eligible family of five with three kids, they're getting $900 a month from the irs. this is only temporary throu

to edward lawrence at the white house, with the very latest, edward?ht now, inside the building about 20 feet over there, the president meeting as you said with those mayors and governors what he's trying to do is debt support, for that bipartisan infrastructure deal, which is true infrastructure. he's also trying to gauge interest in the democratic package which is now $3.5 trillion, which is all the other stuff there. now, for lunch earlier, the president was down pennsylvania avenue on capitol hill, he was meeting with democrats down there, he's trying to do a dance is what he's doing and getting his bipartisan deal done, he wants that bipartisan infrastructure package through congress while trying to keep the progressive in his party in line. >> i've no comment, it's great to be home, great to be back with all my colleagues and i think we're getting a lot done. reporter: press secretary jen psaki saying the president doing what he needs in order to get the spending that he would like to see through congress. listen. >> i would say as you all know,

edward lawrence in washington, d.c., for us with all the details. good evening edward.ter: jackie, they will try to manage inflation. federal reserve chairman jerome powell made a point to say that he knows inflation is coming in much hotter than expected. he also downplayed the effects of lasting inflation. powell says they will see in the medium term we'll see inflation but didn't define what medium term was. listen. >> essentially all of the overshoot can be tied to a handful of categories. it isn't the kind of inflation that has spread broadly across the economy. it is new, used and rental cars. it is airplane tickets. it is hotel and couple other things each of those has a story attached to it really about the reopening economy. reporter: he says it will settle but for a third month in a row inflation beat expectations. excessive waves of the virus has less and less impact on the economy offset by the vaccinations. still senator john barrasso believes all the accommodation from the federal reserve being added on to like democrats in congress it all could take, put

now to $1.73 trillion is growing six times faster than that of the economy of the united states edward lawrence joining us live from the white house right now with more on the president's visit to the land of lincoln and edward, obviously, there are stock plays here and business ramifications. reporter: yeah, big deal and the president started his speech about five minutes ago or so, talking about the infrastructure plan, the bipartisan deal saying that we can get it done and then he pivoted to the american families plan, specifically talking about colleges and child care. now, the white house is building him as the explainer-in-chief on this trip and explaining to the american people why we need to spend this much money in order to do the certain programs that he liked to do like making two- year community college free, for everyone. that's going to cost $109 billion. another $80 billion going to expand pell grants to $1,400 each, $39 billion for tuition subsidized for two years, for families making less than 125,000 a year and enrolled in historically black colleges, that's $228 billion in sp

meeting comes as the bipartisan infrastructure bill is making its way through the senate, to edward lawrence literally minutes ago the president saying that the american people support rebuilding roads, and bridges, and hard infrastructure. this is the first time the president is using that cabinet room for his cabinet meeting. it's also the full second cabinet meeting he has during his presidency at the white house. now the bipartisan elephant in the room is that infrastructure deal, and that's something they are both going to have to talk about all sides of this. now he will be hearing from the treasury secretary janet yellen about inflation and how inflation may seep into those talks for that deal, other economists though believe that the inflation once it's out of the bottle will be hard to get back in the bottle. the white house though sticking with the point that they believe that inflation will settle back down when the supply chain issues work themselves out. now, inflation intersects with the new bipartisan infrastructure bill because republicans are weary about spending too much mo

elizabeth: edward lawrence, thanks for your great reporting, let's get right to fbi director chris, thank so much for joining us, how does this stop we have solar winds thought to be inside the u.s. government, still historic hack there the ntcolonial pipeline, meat processing, how does this add up and how does the u.s. stop in the world stop it. >> there is not a scintilla of a doubt that this is the russia criminal organization and at least sanctioned and blessed by blotting mere putin in his ffa which is their intelligence services they have been doing it for a long time, they invented the rent somewhere in the malware and all the methods and techniques that they use. it goes away when we stop job owning the issue and start taking action and if you listen to chris crabs who is ahead and worked in the cyber intelligence area, we have to take action we have to do things like prosecute and extradite especially the most wanted cyber criminal and can take up any day in the inner pool, there is a million-dollar reward on his head, they just need to pick him up and send it back to the united

edward lawrence has more from the white house. edward? seen numbers like this year-over-year since 2008. in that year-over-year the price of all goods is up 5.4%. month over month that increase is .9%. when you remove energy and food costs, that year-over-year you're looking at core pce, the last time it was more than 4.5% was november of 1991. now a white house official telling me they believe it is because of the shortage of items they can see as well as more people getting vaccines and those people turning around spending more than expected. still business owners on the ground are telling me they may have to raise prices because the input costs are forcing them to do it. listen. >> obviously we all face that problem in the industry and we're continuing to work with ways to try to mitigate as much as possible, depending how persistent and how strong it is. sure, some of that will ultimately gets passed along to the consumer. it is too early to tell how much impact that will have. reporter: year-over-year, gasoline, for all types of gaso

elizabeth: edward lawrence, thanks for your reporting, let's welcome back economic strategist mitch roschelleead that people did not expect to see coming on inflation, what were your thoughtsst. >> economist pegged at lower and economist often wrong and wrong in the wrong direction. the fed keeps saying this is transitory fancy word for transitory. month over month cpi was up 9% and last month .7, that's high school calculus abraded change is increasing not decreasing edward is 100% right, it's labor, gasoline or petroleum, those costs go into everything that we do in the service economy and i don't see this going away any time soon. elizabeth: china has been raising cost on shipping, now we see half of small businesses raising their prices, nearly half we have not seen that in 40 years we have this now too, bernie sanders wants three and half trillion dollars to spend on infrastructure, senate moderate democrats are not ready to go for that and president biden is bringing back build back better campaign because he see democrats pushing on the idea that human beings are infrastructure, not a

edward lawrence is at the white house with the latest. lk to white house economic advisers, they'll tell you that inflation will eventually settle back down. in addition, they're also saying that the marked increase in inflation is not enhanced by the extra government spending. jared bernstein told me this, white house economic adviser, we expected shots in arms and checks in pockets to generate strong demand, and that would create separate price pressures as supply came back online. but we also expect those pressures to abate as the supply chains gradually stand up and meet accelerated demand. but other economists tell a different story, one where the government stimulus is putting more money in people's hands, those people are spending more, and that's creating more inflation. just look at this. if you closely look at the number, women's dresses, for instance, increased 15.8% year-over-year. the price of jewelry has gone up 12.3%. because we are non-gender biased here, men's shorts and pants have gone up 11.1% from june of this year comp

edward lawrence is live at the white house with more on this. good evening, edward.eporter: breaking news within the last 30 minutes we're hearing from a source familiar with the announcement folks at white house who work here have been told they have to wear their masks inside of the white house. the cdc director said she did not take this step lightly. the cdc seems to be going backwards on recommendations for masks. anyone in a high transmission or substantial transition area will now have to wear masks even if they're vaccinated and an indoor public place. the cdc recommend community leaders should push not only vaccines but also masks. finally the cdc recommend schools reopen, but everyone in a school from teachers to students wear a mask regardless of vaccination status. this map we'll show you orange and red, u.s., most of the u.s. falls into that substantial or high category for needing to wear a mask even if you're vaccinated. this message is very different than the message from the past few months. listen from the president here in may. >> therefore if you'

let's get live to edward lawrence who is at the white house with more.orter: elizabeth before we get into that, late word about another potential hack, cynex, i.t. company, someone tried to hack into their systems through the microsoft cloud. the ceo says they were limit the activity of those bad actors. the rnc, republican national committee was one of the clients of that service. the rnc says their systems were not compromised and no data was taken for them. let's talk about the massive hack we've been talking about all day today. the ceo of that company said they were embarrassed and they're working to fix the issue. the hackers posted on the dark web they want $70 million for a universal key that unlocks all the machines around the world. the president, president biden, downplaying the impact of the attack. listen. >> i can tell you a couple things. i received an update from our national security team this morning. it appears to have caused minimal damage to u.s. businesses but we're still gathering information and to the full extent of the attack. r

charles: edward lawrence thank you very, very much. there you have it, folks. what does the fed do with respect to the delta variant? it wasn't long ago that james bullard, one of the big names at the federal reserve, said vaccinations said they would have toby 75% before they started to taper. they are bringing mask mandates and fed takes cue from the white house. very strong relationship between jay powell and treasury secretary janet yellen. on top of that are jobs. three areas in the jobs market that are nowhere close where jay powell wants them to be, participation, employment to population and then the unemployment numbers for black and hispanic workers are miles away from where they were in september 2019 when they hit record lows. there is the jolt to the market. the fed trying its best to ease into this, hoping that the wall street crybabies won't go and throw away all their stocks in protest. there is a lot going on today as we await for the fed, the actual q&a session. i want to bring in two of the best out there. really can't do any better. gary kal

guess who is in for neil cavuto, put him on, edward lawrence. whoa. get on with it. edward: that's called a mulligan. doesn't count the first one, hitting to to the moon. thank you, stu, i appreciate it. welcome to "coast to coast," everyone, i'm edward lawrence. strap on, this is going to be a wild ride with a swam-packed show as stocks look to close the month in the green. is some of the major stories we are watching, the cdc has a new warning about the delta area i can't, and some fear this could lead to -- variant, and some fear this could lead to more restrictions. what is st. louis fed president james bullard worried about? i just spoke with him. arkansas congressman french hill on calls for congress to extend the nationwide ban on evictions. former detroit police chief james craig on the push to combat rising crime coast to coast, and wyoming senator cynthia loomis on why she's worried about the beijing olympics. but first, our top story this hour, all eyes on the cdr as the agency's expected -- cdc as the agency's expected to release the data they use to justi

adds 850,000 jobs in june, the biggest gain in ten months, the unemployment rate rising to 5.9%, edward lawrenceetails. >> 850,000 jobs and was very interesting you meant to the unemployment rate taking up to 5.9% that is because there's

neil: edward lawrence. should point out the core inflation report as edward was intimating, that was moving at 4 1/2% clip, the highest since 1991, that energy component we see face-to-face every day, mostly when we go to fill upwhe, phil. >> neil, we're at a national average of 3:15. we have more states across the country paying $3 a gallon, the most since 2014. the sad thing it isn't going to come down. we talk about transitory a lot when it comes to the economic side but when it comes to your wallet you're not feeling it so much. take a look what happened on lumber. maybe we can see something like this happen in oil. we saw the price of lumber go up. you couldn't get enough of it. it went to all-time highs. it looked like it would never stop. all of a sudden in a very short period of time we brought the prices back down to where they were in the beginning of the year. now that sounds like a great deal, it does, but at the same time those prices are still twice as high as they were just a couple years ago.

stuart: edward lawrence thank you very much indeed. very timely.ow you're bullish. i know you have a nice forecast of an upside move for stock prices but what do you make of this inflation scare? is the fed right when they say that this inflation spike is temporary and will fade? >> i think they are probably correct. if you look at what has been i have trying the inflation numbers, you look at some of the strong reads we've seen just in the last three months, stuart, i mean you look under the hood, what is driving it, used car prices, hotels, things that don't tend to have a persistent inflationary move, right? so once production in the auto sector gets back up to speed and gets back in line with demand, we're going to see used car prices go down. used car prices are up 30% in three months. that is pretty astounding. it is really distorting some of the inflation measures. look, will inflation be hotter than it was pre-pandemic? i think it will. will it be a problematic level of inflation? i don't think so. by the way i think the bond market agrees

thank you very much, edward lawrence, on that. my next guest has another theory on what is preventing people from looking for jobs, that they're sidelined, a lot of them, creating cryptocurrencies. the careerbuilder ceo, it's an interesting argument. when you start thinking about it, it makes a lot of sense. i'm not saying exus collusively -- exclusively, but it could be a factor. >> it's definitely one factor. there's many at play, but even if you look at what's happening with equities that in the last five months there's more money that has been put in equities than cumulatively over the last 12 years. there's definitely some side hustles that are happening, but it's broader than that, neil. war seeing retirement -- we're seeing retirement changes have happened. 11% increase in are retirement. with covid there's a population are portion that said i'm removing myself. we're seeing 7% increase in people staying home to take care of kids or eller orally. we're see -- or elderly. we're seeing that moving is also having an impact. in

before we dig deeper into this major policy blunder, let's go write to edward lawrence at the white houset both ways senior state department officials say they

edward lawrence at the white house with more. edward?on here after the white house, this is part of the process, the sales finance manager does some of the fast talking. the president meeting late this afternoon with mayors and governors for the bipartisan infrastructure deal. they're pushing that package. the democrats talked about negotiated with the rest of the spending, $3.5 trillion. the president going up on capitol hill for lunch. you see him at the capitol to talk to democrats about the $3.5 trillion reconciliation deal because the votes are not there within his own party. >> he knows that as president you lay out a bold agenda or certainly that is your objective. members of congress negotiate the details. and then it is his role to continue to engage in selling both packages to members of the senate and the public. i think you can expect you will see him doing that until both pieces of legislation are passed. going back home to the senate where he spent 36 years -- reporter: he is also trying to show that he is doing a dance her

before we dig deep into this major policy blunder let's go right to edward lawrence at the white house: larry the administration trying to have it both ways. senior state department officials say they oppose the

eastern time today pretty edward lawrence as a sneak preview from the white house.rtigo dig deep out of the drawer, it appears they're headed back to the mask mandate pretty "fox news" has confirmed that the cdc recommended in some cases, some vaccinated people should be wearing a mask in some circumstances. this is all because of the delta. the cdc said the delta varient 83 percent of new cases will the delta varient is more infectious but most cases not causing hospitalizations are debts for people who are vaccinated and still in about two hours the cdc is expected to take masks should be used for some vaccinated people predict already local governments are going back to the mask mandates in los angeles, st. louis, savannah, georgia and asked that you sent. those cities are requiring a mask and doors regardless of vaccination are needed in nevada, and las vegas, requiring all employees to wear a mask. when they deal with the public. in 1800 small businesses and restaurants said that this yo-yo effect is really affecting the small restaurants. >> i think as busines

before we dig deeper into this major policy blunder, let's go write to edward lawrence at the white housem to

edward lawrence is at the white house with more. hi, edward. reporter: you said the big word of the day there, inflation. the federal reserve chairman will likely hold his line that inflation will be transitory. we're all seeing though in everything we buy from gas to groceries to refrigerators. the federal reserve follows closely personal consumption expenditure gauge latest inflation that number comes out on friday. look at trend. the fed believes we'll be at 3.4% pce inflation. we're at 3.9%. you see that line. not one i want to run at the end of a marathon. goldman sachs says the chip shortage alone could add to 1% to 3% inflation on top of that. if you believe the head of intel that makes chips the shortage will be around until 2023. mix all this together with the spending that passed congress and what is proposed by the administration. senator john barrasso says the spending will push inflation and drive a stake into the economy. >> we cannot use our u.s. economy as crash test dummy for the plans that the democrats have. it is a reckless

first to edward lawrence with this live report today from the white house. . depends what your definition of temporary is. two schools of thought on this. the white house economic advisers are saying this is because of the supply crunch and the supply chain and spike in demand of reopening the economy. once they work themselves out, inflation will work itself out. others are saying that's part of it. the other part is government spending that is inflating inflation costs. look at energy costs here. the price of gas going up 46.4%. air fare is up and the big one, rental car and truck prices, up 87% the 12 months. here's why. >> the rental cars got rid of their fleets. they had no way there would be a shortage of new cars to ensue because they made the assumption we can buy as many cars as we need when we come out of this. >> washing machines up 24%. whirlpool said they had to raise costs because the materials have gone up so much. furniture was 10.6%. televisions up 7%. the same inflation in food costs. from the white house, once the supply chain settles down,

edward lawrence at the white house are more.s morning of breakfast between the vice president and the german chancellor so this is kind of a farewell visit the german chancellor will be here at the white house in about 30 minutes and she again announced she's not going to be running for re-election in germany in september, so, you know, this is the fourth president when she gets here to the white house, that this chancellor will be meeting with president joe biden. he will also be the last, but it's still unclear what kind of long term agreements can be made out of this meeting, so still the two world leaders will be talking about some very important issues. merkel's view on climate change comes more in line with president biden, however she wants that pipeline from russia to be completed because germans plans to close nuclear and coal plants shifting where they get their energy from. president biden is canceling and blocking pipelines in the u.s. and shifting our energy reliance to some other countries again, but he's allowing

edward lawrence is live at the white house with the very latest. edward.ter: year-over-year as you said, charles the inflation, consumer indebts coming in hotter than they expected here. we're talking about 5.4% year-over-year. that is a number that there is some concern related to that it might not be transitory. inside of the numbers if you look at this, there is a 45.1% increase over the past 12 months in gasoline of all types. white house official made the case to me that the impact of gas prices on the economy will be less over time because the economy is moving away from fossil fuels. try telling that to someone who lives in a office with an hour commute to the city. the white house official also believing that it will take quarters, not months for the inflation to settle down, like the federal reserve chairman they do believe it will settle that down. others not so sure. some economists are warning this is not transitory, believing that the federal reserve will be forced into acting faster than they want to slow down inflation. i'm sure you've seen

adds 850,000 jobs in june, the biggest gain in ten months, the unemployment rate rising to 5.9%, edward lawrenceking up to 5.9% that is because there's

we have fox team coverage with peter doocy at the white house on all of the spending and edward lawrence

most ueamericans already knew due to price increase and just about everything look who's back edward lawrencehouse with more. >> the sales pitches on at the te white house and this is a process if you're buying a car the finance managers comes in to do the fast talking the president meeting late this afternoon with mayors and governors to push the bipartisan infrastructure deal and also pushing the package the democrats and go shaded and want the rest of the spending 3.5 tran10 dollars and the president going to capitol hill for lunch you see him at the capital to talk with democrats about the $3.5 trillion reconciliation deal because the votes are not there within it own party. >> he knows as president you lay out an agenda or that their objective and members of congress shoot the details and it's his role to continue to engage in selling both packages to members in the senate and thl public and i think you can expect and see him do that until both pieces of legislation are passed, going back home to the senate where he spent 36 years. >> is also trying to show that he's doing a dance to sup

i want to bring in edward lawrence with the latest. >> reporter: yeah, charles.firmed that she had a direct line to social media companies through the surgeon general's office working to help them to identify posts that were misinformation or deemed misinformation. now, she says that the administration is flagging those posts for removal of what it thinks is about covid vaccine misinformation. this opens the door for what else, what other conversations they could be having. the white house also saying it's working with other social media companies. for it part, facebook released this statement saying: we permanently ban pages, groups and accounts that reportedly break our rules on covid mis-info, and this is some of the individuals referenced in the press briefing. what it does not say is very interesting. facebook is not saying that it works with republicans equally like it does with this administration. now, senator mike lee today saying social media companies are claiming they're open voices for all but pushing one side over another. press secretary jen psaki

edward lawrence, the new restrictions we know are coming, will it slow businesses and the economy down the doj openness the door for schools to mandate vaccination so that's a big decision and could get appealed but i'm a mask mandate the feeling is the delta variant and mask mandate are not slowing the economy but many states are looking toward the lockdown mode because counties like clark county which includes las vegas have gone back to mandating masks for all employees dealing with the public, los angeles mask mandate for everyone regardless of vaccination status. st. louis and missouri following that. some local governments are headed there. your member from the president last may. >> for now after a year of hard work and so much sacrifice the rule is simple. get vaccinated, or wear a mask until you do. vaccine or mask, get vaccinated. >> reporter: vaccinated or masked. now the white house secretary jen psaki confirmed discussions in the white house about a federal mask advisor for everyone regardless of vaccination status. travel, and the restrictions changing on travel, you have

edward lawrence from the white house with the very latest. reporter: this is an advisory though. taken through this, just an advisory. a coalition that was formed, the white house says by them, led by them to point out and admonish china for irresponsible and destablizing behavior online. in a statement the secretary of state says this, quote, responsible states do not indiscrimminantly compromise global network security or knowingly harbor cyber criminals or sponsor or collaborate with them. the white house press secretary says the president will be tough on any country that decides it will undermine cybersecurity. still russia has been sanctioned for it. china has not. this advisory joined on by the european union, united kingdom, canada, australia, new zealand, japan, nato. the advisory says this, chinese state-sponsored cyber actors use a full a ray of tactics and techniques to exploit computer networks of interest worldwide to acquire sensitive intellectual property, economic, political and military information. now within the u.s. the advisory says the chinese actors have b

edward lawrence is live from the white house with details. >> 850,000 jobs added back what's very interesting

edward lawrence is at the white house with the details. >> reporter: yeah, you can imagine the whitese spinning the jobs report, trying to take credit for it. but the unemployment rate up to that 5.9% where they thought it might have gone down. still, as we reopen from a self-imposed. >> itdown, president biden says -- shutdown, president biden says it's all due to him. >> none of this happened by accident. again, it's a direct result of the american rest a cue plan. and -- rescue plan. and at the time, people questioned whether or not we should do that even though we didn't have bipartisan support. well, it worked. >> reporter: he says it worked, but there are still 9.5 million people unemployed and about that many job openings in the country. some economists point to the extra federal unemployment benefits of $300 a week as holding many on the sidelines. the labor secretary, marty walsh, though still pushing it's fear of covid keeping people on the unemployment line. >> i think that we will see, hopefully, hopefully we will see more people coming into the work force and getting job

coronavirus delta variant cases are on the rise some states are requiring workers to be vaccinated, edward lawrencet the white house with more for this. good evening. >> a little breaking news in the last 30 minutes were hearing from a source that folks at the white house at work here have been told they have to wear their masks inside the white house, the cdc director said she did not take the step lightly the cdc seems to be going backwards on the recommendation for masks, anyone in the high transmission or substantial transmission area will have to wear masks even if there vaccinated in indoor public place the cdc recommends that community leaders should push not only vaccines but also masks finally the cdc recommends that schools reopen and everyone in the school from teachers to students wear a mask regardless of vaccination status on this map will show you the origin red where most of the u.s. falls into the substantial or high category for needing to wear a mask even if your vaccinated this message is very different from the message of past few months, listen to the president from may. >> th

edward lawrence is at the white house. edward, you've been digging into these price surges.t, you know, there's two schools of thought on this. the white house says that once the supply chain bottlenecks sort of work themselves out as well as the spike in demand is sort of done with the reopening, things will settle back down. other economists are saying that bottleneck is just one part of it. you look at government spending that is pushing consumer demand, pushing consumers to buy more of this, and that's creating even more inflation. throw in the federal reserve system that's awash in money, and you've got a bigtime inflation pressure. listen. >> if you look at the federal reserve, they expanded their balance sheet by 77% last year. it's up another 18% year-over-year right now. if you look at money supply which takes into account what the fed is doing as well as all the stimulus we've got or under president trump and now president biden, money supply's up 14% year-over-year. >> reporter: now, i want you to look at this. for your home washing machines are up 29.4%. whirlpoo