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tv   The Evening Edit  FOX Business  May 17, 2023 5:00pm-6:00pm EDT

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let's tighten that. (fabric ripping) ooh. - wait, wh- wh- what was that? - huh? what, that? no, don't worry about that. here we go. - asking the right question can greatly impact your future. - are, are you qualified to do this? - what? - especially when it comes to your finances. - yeehaw! - do you have a question? - are you a certified financial planner™? - yes. i'm a cfp® professional. - cfp® professionals are committed to acting in your best interest. that's why it's gotta be a cfp®. find your cfp® professional at letsmakeaplan.org. larry: you know, sure as shooting the fbi and the ci e a corruption, they're going to try to interpeer with this election -- interfere with this election too. anyway, don't stop watching david asman in for lizzie macdonald, because david is really something. david: and i'm not stopping on that retrain if either. that's what we're starting with. president biden reiterated he is, quote, confident he and
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congressional leaders will reach an agreement on the budget, and america will not default. he added all parties came to the meeting in good faith. this as the treasury department has repeatedly warned of a june 1st default date. for more on this and what else is happening on capitol hill this hour, let's get to to fox news' senior congressional correspondent chad pergram. a busy day, chad. >> reporter: good afternoon. negotiate e meant at the capitol ahead of the president's trip overseas. a sick thing point, workman kates for people to qualify for some benefits. democrats are pushing for revenue, that's a nonstarter for the gop. >> here we are staring at default today, right now. how do you deal with the country's revenue needs when you have this kind of tax evasion some. >> reporter: there's hope they can have a framework by the weekend, but house speaker kevin mccarthy says it will take
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several days to advance a bill through the house. >> we have a 72-hour rule which i'm not going to break. i think the american public and all the members should have 72 hours to read what we end up with if we're able to end up with it. >> reporter: the vote of george santos may be necessary to muscle a debt ceiling bill through the house. democrats are now trying to expel santos, but mccarthy the will block that vote. >> by supporting a copout redundant motion, they're avoiding that responsibility to make hard votes in congress. talk can cheap -- talk is cheap. action matters. >> reporter: mccarthy will move to send the expulsion resolution to the ethics committee for additional review, so the vote is not on expulsion, it's on the referral. if democrats say the gop is i trying to protect santos because of their narrow majority. david? david: very interesting discussion on that one with. --
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one. chad, thank you very much. let's bring many congressman greg steube from house ways and means committee and former indiana congressman david mcintosh. great to see you, both. congressman steube, work requirements, it's really a sticking points in these negotiations. it's so important and, of course, it's something that president biden used to be many favor of, and it was very successful. we talked to david about its success. first, i want you to listen to a sound bite of mr. mccarthy, the speaker, talking about it earlier today. roll tape. >> but he also said on work requirements he'd accept not anything of any consequence. what does that -- [laughter] >> anything that has consequence. this is a senator who voted for work requirements. if he doesn't want to have something that has consequences, he wants to borrow more money from china to pay an able-bodied person who has no dependents not even to look for a job, not even go school for 20 hours.
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david: so it's not chump change. it'd be a savings of $100 billion. but more than that, it would get americans back to work, those who is have been pulled out since the pandemic. >> yeah. and we already passed a bill in the house and, like you said, biden himself supported work requirements. bill clinton did the some reform that supported work requirements because we don't want people to be living on the government, we want people to be successful and get a job and support their families, and they can do that by getting work. and in a state like i represent in florida, there's plenty of opportunity for people to get work. so put those work requirements in place, and i can tell you this, you're not going to have the support amongst conservatives. if you take out work requirements and the cuts to spending that we want to see, you're not going to get something like that supported by the conservatives in the republican conference. we already passed a bill, the senate should be doing their job and send bill back with. david: and, david, we know it works, work fare. not just because joe biden said it did, but we tried it four years after it was the put in
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place, in 2001. the, this ih came out with a study -- the nih came out with a study. it wasn't just a savings of money, less spend on welfare, it was also the effect it had on the people who came back to the work9 and the overall economy as a result. the study says four years later welfare rolls had been cut by nearly one-half. with we knew that was going to the happen, but most former adult recipients are working and earning more than ever. that means, by the i way, they're paying taxes. child and adult poverty the rates have dropped, in some cases dramatically, and the incidences of teen pregnancy is also on the decline. there were all sorts of positive aspects to doing this. why aren't we doing it now? >> that's exactly right. it makes total sense to put the work requirement in, leave the culture of victimhood and encourage people to work and the dignity of work. st the enormously popular, you know? 70, 80% of americans support work requirements in the welfare
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system. and as you pointed out, the, this ih study, when we passed it back when i was in congress, we had to do it three times before clinton finally signed the bill and maybe, you know, it's going to have to take pressure from mccarthy to get joe biden to agree to that. by the way, i think mccarthy's doing an excellent job of negotiating, of getting the bill through congress, and the president if he just signed mccarthy's bill, it's estimated to be about a 4% increase in the cap value of the stock market, let alone jobs created for people and people getting off of welfare and on to work. david: of course, he's not going to do that, just sign mccarthy's bill, but he has come back to the table, and he's saying some good things. it looks like he's taking that default heavyweight off of the weight of the negotiating table. here's what he said, the president, earlier today about default. >> there was an overwhelming consensus, i think, at today's
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meeting with the congressional leaders that defaulting on the department is simply not an option. it's disappointing that our discussions that the congressional republicans have not been willing to discuss raising revenues, but it should not stop congress from avoiding default. david: congressman, i'm sorry, that actually took place yesterday after the meeting. but it's great that he took default off the table. we saw a rise in the stock market, the dow can was up over 400 points as a result largely of that. but what's this business about raising revenuesesome is he going to try to shoehorn a tax increase in order to get the through? >> of course. tax and spend democrats. i mean, it's what they did when they had four years. they would try to increase taxes and spending on the american people. when i first got elected to congress only five years ago, the deficit was $21 trillion, now it's $31 trillion because of the spending of two years of complete democratic control. is so to try to leverage tax increases on the american people to raise debt ceiling when
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conservatives think that we should be cutting spending the is definitely not direction to go. david: and, david, with a slowing economy, some people are still saying we may end up with a version before this year is out. is in any time to be talking about raising taxes? >> no, it's exactly the wrong with time to think about raising taxes. this -- that could send the economy definitely into a recession or even a deep, deep recession when you've got high interest rates that the federal reserve's setting and higher taxes and high cost of petroleum that most of the economy runs on. no. typical, unfortunately, of the radical left side of the biden administration that what they want to do is, as the congressman said, is tax and spend. the real solution for department is to cut the spending, and the republican congress has put on the table a very good way of starting to do that. david: congressman, are there any republicans -- probably not in the house, but maybe in the senate that might be, that might consider or going along with
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some kind of tax increase, perhaps something that doesn't look like it'll affect the middle class? >> well, there were 43 republican senators that said they would not vote for a clean debt ceiling increase without spending reductions, so schumer can't get to those 60 votes because of those 43. so, look, we have passed a bill in the house. it's a great compromise. that allows for the debt ceiling to be increased with spending reductions. you not going to get support from conservatives without cutting spending and putting in the work requirements. it's time for the senate to either take up our bill or send us some type of alternative that they can pass. david: david, what about all the stuff we found out about, about the so-called anti-inflation act which turned out to be inflationary that focuses on green energy? about $800 billion, what do we do about that? how can republicans in the house bring that to the negotiating table?
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>> yep. and by the way, 75% of americans support cutting spending rather than raising taxes. and what the republican bill does on that green energy, the so-called green new deal light bill is, first, it strips away the subsidies that go with it that are wasted on projects that wouldn't survive in the marketplace, but it also passes something called the rains act so that when e e pa goes in and regulates industry in the name of the green deal, congress will have to be accountable for that and vote on it. and so are republicans -- is and so republicans and really moderate democrats can team up to stop the radical agenda the that would come with the green new deal. david: and, congressman, finally, the supersizing of the irs. we just had this new story about what the i e rs may or may not be doing with regard to the hunter biden investigation. i mean, it's had a checkered history at best in getting
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involved in politics, and this would make it even bigger evolved into politics than we've seen before. is that supersizing of the irs in there for good, or is there a possibility republicans can take it out? >> we already passed a bill that would defund the 87,000 irs agents. of course, another bill that conservative republicans and the republican majority has fasted and seven sent to the senate and the senate hasn't done anything about, but this whistleblower issue in the irs is troubling because it compounds on the history of the ricks -- irs targeting conservatives. and we specifically asked, the chairman asked the secretary of the irs specifically under oath if he was going to do any type of repercussions for these whistleblowers, and he said no. so as soon as he made that statement to congress, now there's been repercussions to that whistleblower. david: and we're going to talk more about that coming next. gentlemen, thank you so much for being here. congressman, david, good to see you both. an irs whistleblower investigating hunter biden has
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told lawmakers that his entire team was removed from the high profile probe leaving many to wonder whether the biden white house is influenceing investigation. fox news' gillian urn ther in d.c. with the very latest. gillian. >> reporter: hi, david. well, the irs now investigating hunter biden for tax violations has informed lawmakers his entire team was are removed from the probe abruptly. take a look. lawyers write, quote: this move is clearly retaliatory and may also constitute the obstruction of a congressional inquiry. last night an attorney for the same whistleblower told fox news his client was informed he was being pulled from the hunter biden investigation at request of the justice department and now fears political attacks. >> he had a lot of sleepless nights about coming forward with this. at end of the day, he decided that he could not live with himself if he stayed quiet and said nothing. so he's coming forward, but he knows that he's going to be attacked. >> reporter: in testimony last
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month, irs commissioner daniel werfel insisted, quote, i can say without hesitation there will be no retaliation for anyone making an allegation or a call to a whistleblower hotline. earlier this month president biden, when asked, once again pushed back against accusations against his son. >> your son, while there's no ties to you, could be charged by your county of justice. how would that impact your presidency? >> first of all, my son's done nothing wrong. i trust him, i have faith in him. >> reporter: fox news has learned from sources in some circumstances whistleblowers are sometimes removed from investigations in order to preserve objectivity and that such moves can be fully lawful. whether that is the case here though remains to be seen. david? david: gillian, thank you very much. back with us is congressman greg steube. congressman, we were just talking about this. we decided to bring you back because with there's so much to this story. in certain circumstances, as gillian said, if a case begets a lot of publicity as this one
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has, there are attempts to kind of defuse the situation by removing people that might be too close even if they are whistleblowers. is that possible here, or do you see something more dangerous afoot? >> well, there's certainly nothing that's coincidental about all of this, and this group and this investigator and these people that were working on this, from my understanding, had been working on it for some time. and on monday we got a letter, chairman smith got a letter from the attorney of the whistleblower saying that this had occurred. and this is week weeks after the irs head had said that he wasn't going to remove anybody and no realuation for whistleblowers, and now you have this. so either he lied to the committee or somebody at the doj or higher has instructed him to remove this individual. both of these are troubling, and the republican majority in the ways and means committee is going to get to the bottom of it. david: do we know for a fact that it was the entire team, not just this one whistle mow or that's off the case? >> that's what we have been told the, is it is a team of individuals.
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we don't know how many, but that it was a team surrounding this one whistleblower. a. david: well, how can you find out? so far the fbi has ignored your subpoena to get information about that informant who said there was a bribe to the vice president biden, allegedded that there was a bribe, so since they're stonewalling you on the subpoena, might they also stonewall you on this? >> not with the whistle-blower. because he's reached out to the congress, we'll be able to to get his testimony, be able to get his statements, be able to get his information and take it from there. there's a lot of steps that we can take one to get other witnesses and, two, to bring his testimony to light. david: you mentioned jason smith, the ways and means chairman who got sworn testimony from the head of the irs about all this. let me just play a little sound bite of that and get your reaction. roll tape. >> i specifically asked the question to the commissioner if there would be any retaliatory actions on any whistleblower that comes forward. he said, absolutely not. we're going to get down to the
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bottom of it. the ways and means committee is going to follow the facts and make sure every whistleblower is protected under the law. if, in fact, the letter that we received from the counsel of the whistleblower, if, in fact, the irs removed them from the investigative committee that they have been for a long time. david: congressman, your reaction to that. and, again, i and the they're now stonewalling you on a document, might they not stonewall you on everything else you're looking for? >> well, first of all, we can use the subpoena power of the committee to start bringing these individuals in and asking them tough questions. but because we have this whistleblower, we should be able to get informs directly from his lawyer and following those procedures and policies in place to bring information before the american people. david: congressman, thank you very much. now the man in the middle of this is oversight chairman james comer has been involved in investigating all of these issues. let me just ask you, first of all, just straight up, congressman, do you think that
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the department of justice is involved in a cover-up influenced by the white house? >> well, something fishy's going on. i mean, we know for all practical purposes that the fbi has the document that we're requesting. we know that a whistleblower has come forward with respect to irs being told to stand down by the doj. so this is two instances of credible whistleblowers who have come forward to verify what we believed has been happening all along, and that's a massive i cover-up with people at the top, in the highest levels of the doj. david: the document that you have subpoenaed from the fbi, you have not received. they have given you an explanation. if you're not spy thed with that explanation -- satisfied with that extra nay -- explanation, are you going to cite somebody for contempt in the fbi? >> that's what i want to do. i spoke with speaker mccarthy last night, he's supposed to have a call with christopher wray at some point in the very
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near future. he's requested the call. so i don't think the fbi director can put the speaker of the house off very many days. once speaker mccarthy talks to director wray, if that doesn't solve the problem, then i'm all for contempt charges, i'm all for going to court. i mean, we're going to do whatever we can to find out what exactly the fbi can did to verify this allegation. an allegation that joe biden, when he was vice president, took money from a foreign national which is consistent with the bank records we produced at our press conference last week with what he did in row mania. david: is the whistleblower now willing to come forward and say under oath in public exactly what happened, what he knows? >> well, i don't know. that's something, obviously, he has an everyone to. our attorneys are dealing with his attorneys, and chuck grassley's actually the lead person in this. he has a close relationship with the whistleblower.
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so, you know, the fact that senator grassley's involved, someone who's spent a career of building relationships with whistleblowers, protecting whistleblowers and protecting the institution says a lot that the fbi would basically tell chuck grassley to go fly a kite. [laughter] david: and final question for you, congressman, is -- have any of the other members of the team that this whistleblower says have all been eliminated from the investigation, have they spoken to you? is it still just this one whistleblower you're listening to, or have there been others who have come to you about particular incident? >> well, with respect this one, i've just heard from one representative of the whistleblower, one attorney. so right now i'm dealing with one, but grassley may be dealing with more. look, this is a wide-ranging investigation. there are a lot of committees of jurisdiction involved in some different aspect. you've got jason smith with ways and means on the irs stuff the,
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jordan with a lot of the doj and fbi stuff and, obviously, i'm leading the investigation on hunter biden. there's so many different pieces of this this puzzle, and every piece has one thing this common, and that's government trying to cover up wrongdoing in this white house. david: congressman, good to see you. thank you very much for coming here. i know it's a busy day for you. appreciate you making time. >> thanks for having me. david: senator mike braun will be on discuss his new report that finds a significant number of older americans are unretiring due to high inflation. also cities and states handle an influx of migrants in the wake of title 42 ebbing. california is actually -- ending. california is actually considering giving unemployment benefits to illegal immigrants. all of this coming next on "the evening edit." ♪ ♪ at adp, we use data-driven insights to design solutions
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david: get this one, lawmakers in california are looking to give illegal migrants who were laid off unemployment benefits. lydia hu joining us with the details. >> reporter: hey there, david, that's right. it's called the safety net for all workers act, and california lawmakers are considering it this week many a hearing tomorrow. it would provide $300 per week for up to 20 weeks for laid-off illegal immigrants. it would cost an estimated $365
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million to taxpayers. now, proponents say illegal immigrants contribute $485 million to california's unemployment insurance system, and they never see a penny of the benefits. but critics like experts from the center for immigration studies, they say the proposal undermines immigration policy. listen here. >> excessive immigration policy is to reduce the number of new illegals and increase the number of illegal immigrants who are here already who decide to go home. this policy is contrary to both of those objectives. >> reporter: now, california is not the first to push for benefits for illegal immigrants. in fact, colorado passed a law two years ago, new york and washington, d.c. also had short-lived programs. now, like i said, tomorrow lawmakers in california will hold a hearing on the measure. the proposal does have a coalition of 120 organizations supporting it.
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but governor gavin newsom vetoed a similar bill last year saying it needed to address fiscal concerns. well, david, this year the financial conditions in the state are no better. california's facing a deficit of $32 billion, $10 is billion more than what was expected. we did reach out to governor newsome's office for comment, they say they don't typically comment if on penning legislation. -- on pending legislation. david: thank you very much. let's welcome to the show senator roger marshall who recently led a senate border trip to the front line of the crisis. i believe that was last thursday. i know it's a local issue, it's a state issue, but what do you make of the fact that illegal immigrants have the possibility of collecting unemployment benefits? >> well, david, it does undermine the immigration laws that we have. and to your previous reporter's point, this is the same state that's already $30 billion under budget. this is the same state that gave away $30 billion of taxpayers' money through unemployment
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fraud. that same person who was in charge of that the has been nominated to be our secretary of labor. can you imagine that? look, we don't want california to export people with a horrible track record like that. this is a reason why states like california are losing population. it undermines our immigration system though. david: well, and it undermines idea of american immigrants working together to build a better country. i mean, immigrants came here in the past primarily to work, not to receive benefits. as we become more and more of a welfare state, i'm just wondering if a lot of immigrants are coming in to get the benefits. >> right, david can. we have one of the most generous immigration laws in the world. most countries require you to have a job before you step inside the borders. and here's the united states sending out a beacon, come, everybody, and is we'll give you a free ride. but you're right, all of us, you know, came from immigrants at some point except, of course, for the native americans. we were all immigrants.
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my grandfather conceived in sweden, born in the united states, the 12th of 13 children, and we're living that american dream because of his hard work. david: well, president biden is now say, by the way, that the border surge that you were right in the middle of last week is essentially over. i mean, that's what he's literally saying. the post-title 42 surge didn't happen. you see it on newspapers, i think we have something from the christian science monitor that says exactly that. how do you respond to those claims? >> well, look, we once again invite president biden to go to the border, to sit down and coa round table with the border patrol officers. i'd love to be there, have cameras, and they can see what i'm seeing. there's still, like, five times the numb of people crossing the border every day compared to when he was elected president. the day before we got there there was 10,000 illegal immigrants captured at the border, another 3,000 getaways. so it's went down a little bit compared to the super, super highs, but it's still hat -- at
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record numbers. we saw every day now 90 chinese nationalists are crossing the border illegally which is something new. and, again, there's 170,000 people just across the border waiting for the signal. people need to realize that our administration is coordinating this with the mexican cartel on when to send those people over. so this is the quiet before the next storm. david: well, and it's the not just republicans like you that are saying that. something else that is new is a lot of democrats are now beginning to chime in and pressure the administration. the mayor of new york city who's overwhelmed with migrants here recently said the following about what the president is doing, roll tape. >> where the heck is the president of the united states? >> that is a good question, and i think we all should be asking why is this happening. this should not be happening to new york city, chicago, los angeles and the other big northern northern cities and really it should not be happening to el paso or
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brownsville, texas. no city should be carrying this burden. it's a national problem, and it needs a national solution. david: so, senator, are there other democrats besided the mayor in congress that you're working with that have similar notions and may be able to have some kind of bipartisan coalition to change things down there? >> it's kind of interesting as we face a new election year, i think some of these senators from purple states, maybe they're independents, are suddenly a little bit more interested in the border situation. but to the mayor's point, every state is now a border state. 3900 americans dying every day -- 300 americans dying every day from fentanyl poisoning. cave they've it's a tragedy all around. senator marshall, thank you for being here. gop lawmakers demanding answers from the white house following special counsel john cur the ham's scathing report into the fbi's trump-russia probe. and coming up we have senator mike braun on discuss his new report that finds a significant
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david: so is over the last 20 years amount of people in the work force age 55 or older has almost doubled. according to a new report from the senate special committee on aging, 43 president of -- 43% of older americans considering returning to work are doing so because of inflation. joining us now for an exclusive interview is the ranking member on the senate committee on aging who introduced the what's working for older americans report, senator mike braun joins us now. senator, good to see you. before we get into what's working, let's often what's not working for them, and that that's retirement. i guess and pensions just aren't doing it -- social security and pensions just aren't doing it. >> no. let's go back pre-covid, zero inflation, the markets were doing well -- that's what they depend on for their retirement
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income. how could you have created a worse scene than what we've got for early retirees or ones that thought everything was good? here we've got record inflation. last time this occurred was many years ago. it took five, six years to tamp down. flu -- but then when they want to get back into the work force, they're running into one of the most aggressive federal governments they could ever imagine. the labor with department, if they can't get it done through legislation, they do it through rules or executive orders, and they've run into this issue through a current rule that's streeten -- threatening to take down the gig economy, the independent contractors. and one-third of all of those employees are individuals over 55 years old. david: you know, that's the funny thing, it's the older people that are taking advantage of working in the gig economy. maybe it's in the headquarters they have all these young kids working, but it's the older e people that are actually out
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doing it. and ironically, it is the labor county which is supposed to to stand up for labor that's killing a lot of those jobs. we'll get that -- into that, but the real factor that's forcing people to go back to work is inflation. robert kennedy, who's vying for the position that joe biden has from the democratic side, saying things that are a lot similar to what rerepublicans are saying about inflation, the state of the economy right now. roll tape. >> the middle class in this country is collapsing. 57% of americans could not put their hands on $1,000 if they have an emergency. a 25% of americans are hungry. we have a crisis right here in this country. i see people really living in a state of desperation that i never thought i would see in the united states of america. david: now, how does president biden back out of that charge from a fellow democrat? >> i mean, he's got so many
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things to the explain. and, again, once he took over we had wages going up in those toughest places. even for seniors, older americans that wanted to come back into the work force with no inflation. and then just recently i had to lead the effort when they want to make on your investment accounts to where now you can take as a fiduciary responsibility invest in woke agenda items. so they're not only getting it through inflation, they're getting poorer returns because now that can occur. we led, and it was bipartisan, that that is crazy, that there should be any criterion other than best return. it's never been that way under any administration, it's under this one. a. david: yeah. now, senator, of course while a lot of older americans are going back to work, they're being forced to, we're in an ironic situation where a lot of younger americans are looking for a free ride and, in fact, the number of
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people participating in the work force has been going down for a while now in america, ask we had this -- have this surplus of jobs as opposed to labor. it's actually a good time to find a job but for the wrong reasons. >> well, and here again never let a crisis go to waste. during covid, if you recall, there were extended unemployment benefits that everyone agreed to for a while. then they extended it way beyond that, and you were incentivizing people to stay at home and watch netflix. that's the new work ethic out there that we're having the to grapple with for any business with that's trying to grow their business with individuals that'll put that work ethic and and effort into it, and the federal government says, hey, there might be a program out there that you don't need to. david: well, you may end up working with a president kennedy, who knows -- [laughter] on something that could be bipartisan. senator braun, thank you very much. appreciate you being here. >> you're welcome.
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david: over 20 republican attorneys general warning insurance companies pushing customers to advance an activist climate agenda could be a violation of antitrust law. also gop lawmakers demanding answers from the white house following special counsel john durham's scathing report into the fbi's trump-russia probe. that's next on "the evening edit." th ♪ i ♪s ts.. . ...designed smarter. like a smart coffee grinder - that orders fresh beans for you. oh, genius! for more breakthroughs like that... ...i need a breakthrough card... like ours! with 2.5% cash back on purchases of $5,000 or more... plus unlimited 2% cash back on all other purchases! and with greater spending potential, sam can keep making smart ideas... ...a brilliant reality! the ink business premier card from chase for business. make more of what's yours. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get
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ask your rheumatologist about cosentyx. david: lawmakers demanding answers from the white house following special counsel john durham's scathing report that found that the doj and fbi, quote, failed to uphold its mission of strict fidelity to the law in the trump-russia probe. joining us now is former white house deputy chief of staff karl rove. karl, thank you for being here. i just want to put up some talking points that the "wall street journal," your favorite paper, my favorite paper -- [laughter] put in today in an editorial. five talking points about what this durham probe proved. first of all, no basis for investigation, there wasn't a is single u.s. agency that had any evidence of collusion. they were not going after a crime, but an individual. second, bias. you think of peter strzok, lisa page, ken klein smith, andrew weissmann. third, double standards. hillary clinton's conflict of
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interest, contributions by foreign governments was in many cases much worse many reality than what was going on with trump. willful ignorance, fbi ignoring evidence that it was being with used by the clinton the campaign to execute a political dirty trick and russian are disinformation. the fbi probe may actually have been as a russian intel operation, and i would add a sixth to that, karl. the fbi broke the law. kevin klein smith admitted that he tamperedded with evidence to spy on americans to bet that fisa warrant. so how do you fix this? >> well, christopher wray, the fbi director, says that he has put in place procedures and policies that would keep it from happening, but this really boils down to do you have people who are in the fbi and and in the intel community who have an understanding of their enormous responsibility to act on behalf of the best interest of the american people? because you can put all the policies you want in place, but if you've got bad people in
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there, then bad things are going to happen. think about this, we add had the clinton campaign hires a lawyer, marc elias, who urns around and -- turned around and michael sussman, whose name appears a lot in this report, he goes and hires glenn simpson at fusion gps, and he hires christopher steele who concocts this whole steele report, and they hide all of this from the american people. we have no idea that this starts with and ends with the clinton the campaign attempting to smear their political opponent. and that's why michael horowitz, the inspector general of the fbi, said that the agents made basic and fundamental errors and why the head of the fisa court said that they had, you know, information that was unsupported and contradicted itself, that they lied to the court in order to get a fisa warrant to search one of these people thought thought -- they thought was involved in the whole mess.
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david: karl, the administration is trying to literally walk away from all of this. jean-pierre, the white house spokesperson, she literally walked away from the question. roll tape. >> reporter: what is the white house reaction to special counsel durham's report on how fbi handled the trump-russia probesome. >> i would leave it to the department of justice to speak to it. we believe in an independent department of justice. that's what the president said when he was running and the last two years. thank you so much. i'll see you guys in japan. david: and bye-bye, she goes. and, of course, the press is mum about the whole thing. that's the thing, the white house has the press on its side. can they get away with this? >> the media were co-conspirators in this whole drama. they didn't ask the tough questions. they took the steele dossier because they're biased just as there was bias at the fbi, the intel community, there was bias in the media, and they got rewards for reporting on this disinformation. they got prizes and plaudits from their fellow journalists.
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they're co-conspirators in all of this. david: well, they're not getting prizes in terms of circulation and ratings on their television shows. so it is having a negative effect on their bottom line. that might affect them. but isn't it really just going to take a new presidency to clean house in the fbi? >> absolutely. in fact, this was a missed opportunity. the white house should have said, you know what? this is a damaging report. we need to get this right. the american people deserve to have a federal bureau of investigation in which they the, in which they have confidence. and they could have taken a step forward and said we're going to make certain that this problem -- david: yeah, they didn't. >> but instead they ran to the plane, ran to -- i'm getting out of the country, she said. david: as we know now, they have plenty of skeletons still in their closet that are slowly coming out. karl, we've got to leave it there. we had breaking news. thank you very much for being here. >> you bet. david: over 20 republican attorneys general warning that insurance companies that are pushing customers to rapidly reduce their emissions and advance an activist climate agenda could be a violation of
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anti-trust law. we're going to be speaking with u.s. attorney general sean reyes who signed that letter himself. but first, let's check in with dagen and sean to see what they have coming up in the next hour on "the bottom line." how you doing, gang? sean: doing great, david, thank you. we have a rip-snorting good show, we have kevin hassett and steve moore as our first guests. dagen: governor huckabee is here plus our favorite, guy benson, on -- hmm, i wonder if joe biden winds up being the nominee next year. we'll see. some ideas, coming up. ♪ ♪
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♪. david: silicon valley bank collapsed as executives pushed unprofitable woke programs. now svb is the poster-child for failings of companies that care care more about esg agendas than profit margins. 23 attorneys general, warning companies pushing customers to advance activist climate agendas could be a violation of antitrust laws. welcome to the show one of those who signed the letter, utah attorney general sean reyes. thank you, attorney general. for being here. there is coalition 85 insurance insurance companies with 85 trillion unmanagement who are pushing this stuff and if you get on their bad list you can't get insurance, right? >> yes. this is get zero banking
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alliance. there is net zero asset manage mare alliance. there is net zero asset insurance alliance. we have great concerns as state regulators they may be violating state laws, state insurance haas but also laws pertaining antitrust. these are the biggest players, the biggest insurers in the world. again our worry is that they are leveraging their market dominance and their economic might to coerce businesses including their own insureds into this radical environmental policy. david: yeah. they have these totally unreasonable rules about what you have to do. by 2050, by the way they're for zero emissions which is impossibility by anybody's standards. they have, by 2030, a target of 34 to 60% reduction of these emissions. i mean you know, they're going after farmers as well as oil
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companies. they're going against people that put food on our table. >> i should underscore, david, you're absolutely right about the viability of implementing this policy but it's never been adopted as the law of the land. they treat it like it is sacrosanct and it's already a foregone conclusion, it is not. the american people would not allow this to be passed by congress. these organizations, horizontal alliance are frustrated they can't get passed through the democratic process. they're using very undemocratic process to try again to lever all of the power and might that they have for possesses that the federal energy regulatory commission just recently as last week said is dangerously coming close to a catastrophic effect on our grid, on our grid stability, on our electricity, security. david: on our food, our food
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security. the metrics are so screwed up they're using they will starve us before they have any reduction in temperature if that is even possible, very quickly, go ahead. >> no, i think you hit it spot on. that's why my awesome colleague, jeff landry from the great state of louisiana and i led this letter of 23 state ags. it just shows you the seriousness of this issue. it is really part of the larger cabal of players. david: how many crazies, how many crazies there are on corporate boards these days as well. ag reyes. thank you very much for being here. i appreciate. i'm david asman in for elizabeth macdonald. thanks for watching "the evening edit" on fox business. now time for "the bottom line" with dagen and sean. good to see you, gang. dagen: thank you, david. david: yep. ♪. n:

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