joblessness or homelessness and we want to use our success to support them and allocate assets and resources to those programs as well. maria: that's wonderful. i today is hire a veteran day. your goal is to have at least, what, 70% of veterans on your staff at your norfolk, virginia facility. how close are you and how do you get there? >> absolutely. well, it's great. because the generosity of over 8,000 shareholders and investors in our company, we were able to acquire a great facility in norfolk, virginia. we just moved into that facility and took the building over yesterday. so we're going to be putting on about three-day job fairs. we want to hire as many veterans as possible and fill those openings. we're that start-up with some c level positions, some boots on the ground sales positions and some other positions actually in

the production facility. so it's exciting for us. it's national hire a veteran day. but we're going to make it national hire a veteran quarter. or the next months. maria: i love it. alan, i loving it. thanks so much for your patriotism and we'll keep watching armed forces brewing company. thank you, sir. >> you're one of the top five people in the world that i want to sit down and have a beer with and if anybody in america wants to invest in our company they can go to www.ownarmedforcingbrewingco.com and join our investor community. maria: thank you so much, alan. cheers to you. the next hour of "mornings with maria" begins right now. maria: and it is time for the word on wall street, top investors watching your money. joining me right now is sit investment associate senior vice president, senior portfolio manager, bryce doty and cfra vice president and senior equity analyst, garrett nelson. great to see you. thank you for being here.

gar rest, kicking things off with a look at futures this morning, reacting to a busy week of second quarter earnings. general motors crossed the tape with a double beat on earnings and revenue, raised the 2023 guidance for a second time. second time this year. it also is increasing cost cutting measures. ford earnings out on thursday and we also have general electric this morning. better than expected. that stock is higher. how would assess the earnings period so far and what are you expecting from the autos this week? >> sure. it's been better than expected so far. we saw a beat from tesla last week. we just had another beat this morning from general motors and as you mentioned a guidance raise for the full year for the second consecutive quarter. so the near term has been strong. we're a little cautious on general motors, though. because they are right in the middle of contract negotiations with the uaw. and if they don't reach an agreement, there could be a strike there as soon as mid-september. as we know, there was a strike

last time they negotiated with the uaw in 2019. that lasted for 40 days, it cost the company almost $2 a share in full year earnings so we are cautious and we are cautious on their aggressive transition towards ev production growth because we're seeing signs of markets oversaturation in evs. maria: so i mean, initially we were expecting a decline in second quarter profits. do you, gar rest, have you changed that expectation, do you still expect profits will be down in the second quarter year over year? >> no, we've seen signs of strength recently. really what's changed in the past year is that inventory, the inventory situation has improved so you're seeing a lot more inventory on dealer lots. if you look at -- in the month of june, average inventories in terms of days supply was about 53 days. that's almost back to the historic average level of 60

days and so this improved availability of vehicles is really helping sales despite the interest rate increases that we've seen over the last year, more people are buying new vehicles. maria: just to be clear, i was talking about overall profits for the second quarter expected to be down. have you changed that expectation because we're getting verizon right now, revenue is better than expected, earnings better than expected. have you changed your expectation for overall second quarter profits in terms of where they're going, not just the auto, garret. >> we haven't. but what we're seeing is that earnings so far are coming in ahead of consensus estimates and so that's what we've seen across the auto space and probably see more of the same. maria: bryce, one of the reasons is higher interest rates that we're expecting profits to be down. you know that. the federal reserve kicking off its two day meeting today. the policy meeting is expected to end tomorrow with another rate hike. the futures market fully pricing

in a 25 basis point hike. we also have a big week of economic data on deck which is expected to show an impact from the rate hikes. the case-shiller index out at 9:00 a.m. this morning, the first read of second quarter gdp and durable goods out on thursday, and pce out on friday. your expectations in the face of all these rate hikes. >> it's going to be a lot to digest this week for investors. the fed as you say is probably going to raise rates. they seem to just be -- have convinced themselves that that's the thing to do despite the recent softness in inflation. the indicators coming later this week might bear out that they should raise rates. the pce is stubbornly high. that's going to probably come in at 4%. that's their favorite number to look at. but what i would argue and i think others recognize is that it's really only the housing component that's stubbornly high. if you look at any inflation

data that excludes housing components and it's running closer to 3%, so there probably isn't really this urgency to raise rates and why is the housing component so high? well, if you raise mortgage rates from 3% to over 7, you know, that's going to cause housing costs to go up so them raising rates is actually going to be -- make it worse, not better. i think all the people coming into the workforce have seen a robust surge in the workforce, especially among 25 to 54 yoldsr olds is the biggest reason inflation is coming down. companies have been able to resolve shortages that were causing inflation in the first place, despite what the fed is trying to do to employment. so i think that the fed is going to raise rates. it doesn't need to. and we just need to get past it to get to a more rational, normalized environment. maria: so do you think we will see a recession still, bryce?

>> it won't be like a normal recession. so normally people get laid off, they can't find another job, they have to cut back spending and it's just a terrible ordeal. what's happening now is that with 1.6 job openings per person looking for a job, you don't see that. people get laid off, they get back into another job, and they keep their income going. so despite higher rates, as discussed, people are buying cars and things like that because they are getting jobs and so it will have a slowdown. the economy will stall more than anything, rather than reverse and contract. it won't be like a typical recession. maria: okay. we will be watching that. bryce, garret, great to see you both. thanks very much, gentlemen. >> thank you. maria: bryce and garret with the word on wall street. much more ahead this morning. stay with us.

the buyer for hunter biden's novice art work revealed, one of them. how his father joe may having to do with it. we're breaking it all down. our all star panel is coming up. you're watching "mornings with maria" live on fox business. ♪ a mom moment like this. ♪ some people wait a lifetime for a moment like this. ♪ some people search forever. ♪ for that one special kiss. ♪ oh, i can't believe it's happening

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people were questioning whether or not it was him on drugs or if he was in fact sitting with his father. now we see the pictures of him in the corvette. it is likely he was with his father. this as hunter's ex business partner devin archer is expected to be interviewed by congress next monday. he will go under oath in a testimony. he'll reportedly speak on how their then vice president joe biden joined dozens of phone calls with his son's business meetings, fox business' hillary vaughn asked president biden about devin archer and hunter biden's deals back in 2019 and here's how the president responded. watch. >> excuse me, there's a photo of you golfing with your son, hunter, and his business partner, devin archer. do you stand by your statement that you did not discuss any of your son's overseas business dealings. >> yes, i stand by that statement. maria: looks like a dear in a headlights when he's answering the question, carole. he stands by the statement but we continue to see bank records of biden and family accepting

millions and millions of dollars, tens of millions of dollars from foreign nationals. now kevin mccarthy, the speaker of the house, is pretty adamant, saying if these -- if this is true, this rises to the occasion of potential impeachment proceedings. >> yeah, can we just marvel in the renaissance man that's hunter biden for a second. he's in demand by international company boards. he is a pu p purveyor of expenst he created, has an interest in cars. anybody who can connect two dots can see what's going on here. i agree with the speaker. this is just blatant corruption. i don't know how anybody can see it any differently. if that's the case, if this is really qud pro joe, he should be looking at impeachment. maria: exactly. mccarthy said the biden probe is rising to the level of

impeachment inquiry. we have credible informants in biden in the 1023 form and we have credible bank records. your thoughts, michael? >> the problem here obviously is there's so many layers to this onion, it's hard for a lot of people to really understand where these things are at any one time but they know kind of the basic facts. one, this is a completely different treatment of a sitting president than the last sitting president which had two different impeachments. so there's no transparency. second, is that so here's a guy who really is very, very toxic and obviously is trading the name of his father at the very least and indicating potentially some fraud here and then the third thing is so the treatment, the media treatment of this, it just makes for the fixes in the american voters not getting the kind of information that they deserve on these things and there are real questions about transparency at every level. maria: yeah. and now he's also a successful

artist. we learned he's raked in at least $1.3 million just from art. elizabeth hirsch naftali, a los angeles real estate investor and a democrat donor friend bought one of the pieces eight months after the sale. president biden assigned her to the commission for the american heritage board. come on, she buys art from hunter biden and then she's put on a committee by president biden. >> yes. from what i read in the story. this is something who is a very sophisticated collector, she's looking at how to value pieces, again, hunter biden, this is not somebody whose name goes along with picasso and van gogh, at least not yet. so it really, really looks bad and, again, i go back to the simplest answer is always the right answer, maria. >> this is silly from her perspective. maria: initially they wouldn't even tell us who was buying the art. we don't know if it was a

chinese businessman connected to the ccp or ukrainian business people. these are the people they've been taking money from for all of these years according to house republicans. >> it's a silly move on their part. you can pull the thread on this. there's such an ability to find out. when were the calls made, when was the purchase done, how many other pieces were bought at the same time. who has been in touch with this individual, what kind of conversations did they have. this is going to get to be really, really messy. everybody knows right off the bat, this is a brand-new artist. you might like the thing but to get this kind of money just because he's a great artist, nobody's buying that. maria: well, and also they set up these 20 shell companies and these were the companies that took in money and then it was distributed to biden accounts so james comer says they set up such a complex web of companies to accept money from foreigners to make it difficult to track but now james comer has begun to

track that because of the bank records. >> this is very frustrating for the average american. when we see biden expanding the irs and wanting to come after your $600 venmo payment, yet his own family is coming up with shell companies and a crazy web and everybody's turning a blind eye to it. what does that say to the american person -- to the average american in the middle class. >> exacerbates the divide. maria: especially since joe biden's constantly telling us to pay our fair share. maybe needs to tell his own family that. we'll take a break and have more on this breaking story. stay with us. back in a moment ♪ ♪

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matt rosendale. thank you for being here. what is the fate of these two bills and give us your assessment of the president on the appropriations process. >> the president is way out of line with his comments. we saw minority leader hakin jeffreys come out and say these bills are woefully irresponsible. i would say they're wokefully irresponsible the way they've been funding the dod over the last couple of years. we're seeing the largest social experiment taking place before our eyes and that is the united states military, whether talking about funding for transgender surgeries or treatments or talking about funding for abortions, the green new deal provisions within our department of defense and then they wonder why the recruitment numbers are down. so the republicans and the house of representatives went through carefully extracting all of

these provisions from our department of defense and we were able to hold hands and pass the national defense authorization act with a republican majority and now hopefully the senate can do the same. there are major problems in the senate. they need some additional support up there. i mean, not only are they the minority, the republicans, but unfortunately there's a few of the republicans that are in the united states senate that we cannot rely upon for solid votes. this is part of the process. i will tell you this, though. one of the things i was really, really glad to see and the american people should be glad to see was we actually had an open process. we had debate on the house floor on each one of these amendments. we had discussion and that is how congress is supposed to work and this all was created because of the discussions that we had back in january. maria: yeah. but i'm wondering if a fiscal

cliff is on the horizon here because congressman you and your colleagues are leaving on friday for a 37-day august recess. you'll return after labor day and face 12 legislative days to tackle all of this. a host of bills expiring, farm bill, faa, government funding, so what are we setting up for when you come back after this august recess? >> the way i look at it is we're setting up for the united states congress to actually have some leverage over the biden administration, over not only the amount of spending but the policies that it is being spent upon. right now, we only control one half of one chamber in the third leg of the stool. that is the legislative body. so we have to use the tools that are available to us. we were sent here in this majority to rein in spending. we were sent here in the majority, republicans were, to

put policies in place that restore this republic and get rid of the green new deal, get rid of this woke out-of-control spending that's on either transgender systems or asking taxpayers to pay for abortion. so again, a short timeframe, you and i both know this place works a lot better when we're on short timeframes and they build these artificial cliffs in place so i think it gives us the ability to put forward better legislation. maria: so you're attempting to pass appropriation bills at even lower levels than the debt ceiling agreement. the senate wants to pass bills at higher than the agreement. are we setting ourselves up for a fiscal cliff and a government shutdown, come october 1. >> i don't think we'll have a shutdown. again, there has been agreements and the 218 republicans passed the first debt ceiling bill which said that we are going to ffreeze spending at '22 levels, not 2019, 2020.

i mean, that is a very reasonable ask and that would be $1.471 trillion in spending for nondefense discretionary and everyone agreed to that. they thought that was reasonable. maria: what is your take on the biden administration's response to china? i know that the senate is expected to vote tonight on a measure to increase government scrutiny of u.s. investments in chinese technology companies and that was obviously part of your ndaa but i'm wondering why the administration is so soft on china and now we're talking about the administration lifting sanctions with some agreement that the ccp's going to do anything about fentanyl. are you buying this that, the ccp's actually going to do anything about fentanyl? >> i'm not. and it's very troubling. again, the common man looks at what's taking place right now and they can see that the biden administration has been compromised. whether you're talking about the fentanyl that's streaming into our country, we're losing

100,000 people a year to drug overdoses, the vast majority of that's from fentanyl. we know components are coming from china. we know that china is spying on us. we hear the democrats wave their arms and say something's going on long after we've literally know that the chinese were spying on sensitive bases around the country. we need to get tougher on china. we just do. they are a big problem. they want to challenge us militarily and economically and we're not doing enough to address it. maria: not doing enough. how about rolling over for them? we're about to lift sanctions, if you believe the press. the administration meanwhile is cracking down on american citizens w and their home appliances, water heaters, the new regulations would force less energy efficiency but cheaper water heaters off the market. white house press secretary karine jean-pierre was asked about this yesterday. here's what she said. watch. >> when it comes to water

heaters and -- it is proposed, what has been put forward and if it is enacted it would not take into effect until 2029 so let's not forget that and if and when it is enacted it's going to help consumers save about $11 billion a year. that's what the president wants to do. maria: so congressman, they're talking about saving money but water heaters comes on top of the gas stoves. people are wondering what's next. >> i will tell you what's next. as of august the first they're going to go into the liberal hardware store and find out they can't buy an incandescent light bulb. it's outrageous. the reason they want to push this off until '29, they recognize the water heaters like the stoves are going to be much more expensive, gives them time to put additional provisions in statute to put a subsidy in place so they're manipulating the marketplace once again. maria: all right. we will leave it there, congressman. we'll be watching all of that.

thanks so much for being here this morning. >> thank you, maria. maria: matt rosendale joining us this morning in d.c. quick break and then the u.s. is weighing a potential deal with china, if they agree to help fight the fentanyl crisis as you just heard. the 70th secretary of state and fox news contributor, mike pompeo is here, to weigh in on that. don't miss it. stay with us. first, there's an idea and you do something about it for the first time with godaddy. then before you know it, (it is a life changer...) you make your first sale. small business first. never stopped coming. (we did it!) and you have a partner that always puts you first way. (no way!) start today at godaddy.com.

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been reported from death valley to florida and texas. tomorrow is going to be the hottest day of the week. well, high gate has missed two months of payments on a $415 million loan for 30 courtyard by marriott hotels, this is another sign of spreading trouble in commercial real estate. the company's requesting an extension of the floating rate loan which matured this month. commercial property loans have become the delinquent as borrowg costs increase. the default from the marriott portfolio took a lot of analysts by surprise. philly's short stop having a tough game, getting evicted for arguing with the ump, not before getting booed by the home crowd. watch. >> he bobbles it, looks like

the second error. the. .>> he's got a chance to get te philly's the lead. >> strike lee. and in the face of the umpire. >> you saw the discussion and eventually he throws him out. >> turner is struggling before getting ed ejected. philly goes on to lose to baltimore, 3-2. those are some of your headlines, maria. maria: all right, cheryl. thank you so much. the wall street journal is reporting this morning that the biden administration is considering lifting sanctions on a chinese police station in exchange for help in fighting the fentanyl crisis. secretary of state antony blinken reportedly proposing this idea while he was in beijing last month. in 2020 the trump administration put sanctions on the chinese ministry of public securities institute of public science for the mass campaign against the uyghurs in the country.

joining me now former secretary of state, fox news contributor, mike pompeo is with us. mr. secretary, thanks so much for joining us this morning. great to see you this morning. >> great to see you too, maria, good morning. maria: so i want to get your take on this idea that the administration is considering lifting sanctions on china. your thoughts? >> well, i saw the report and they said they intended to propose lifting sanctions in exchange for the chinese communist party reducing fentanyl. here's what i'm very confident, maria. it won't work and we should just do things that work, we should do things that make sense, not things that make us feel better or start a set of negotiations which is likely what the chinese will agree to. they'll sit down at the table in exchange for having an entity that is conducting horrible, horrible crimes against the uyghur people inside of china and lifting the sanctions. we've been working on this for a long time. web did it for four years. the chai niece communist party -- chinese communist party

understands power, strength and commitment. when you say, gosh, if you'll stop poisoning our kids, stop sending chemicals to mexico that are processed and transited into the united states and killing thousands of kids, if you do that, we'll do something good for you. that's not going to work, maria. maria: i mean, this seems like such a joke to me. it's up there on the level of expecting the chinese to do anything on climate change. you know, what is going on with this administration, sending cabinet member after cabinet member, appearing to beg the ccp for any engagement or communication despite the fact that they've spent a spy surveillance balloon into the country, took military secrets from our military installations, put police stations in america throughout the country, lied and covered up covid-19 and there's been absolutely no response. by the way, let's add that they've also hacked into the state department and the

commerce department and yet commerce secretary gina raimondo is still planning on traveling to beijing, despite china hacking her e-mail. chinese hackers are accused of also accessing the e-mails of the u.s. ambassador to china and the assistant secretary of state for east asia. all of this as antony blinken was traveling there. >> maria, i'm chuckling because that is a very long list, it's also very accurate and it's the tip of the iceberg. you shouldn't forget having stolen millions of jobs from the american people over the past decades, taking intellectual property and the hard work that the american people have done to create things, to create prosperity and wealth here. the biden administration's motto with respect to china began on the right foot, they had the right tone but their actions have under-delivered in every dimension. they have a version of foreign policy that looks like the obama's administration. they're appeasing iranians,

negotiate with them, talked about a minor incursion in afghanistan saying maybe that's all right and with the chinese communist party, they refuse to stand up to them. they say if they send special envoy kerry to ask them to shut down a power plant, that's not the case. it's bad for the people of taiwan, singapore, australia, really bad for the american people when you don't understand the bake model of deterrence that can prevent a conflict with china which is something all of us have to make sure we're incredibly focused on. maria: would you be prepared if back in the seat today, would you be prepared to attack the economic relationship with china? i mean, look, mike, the capital markets are wide open for the ccp. you know that. and now we're looking at these venture capital firms that like a sequoyah that has enabled so much money from america to fund

the expansion of the ccp with venture capital managers encouraging american investors to put their money in chinese companies that are tied to the military, some of which are already sanctioned. so what about the lever to pull in terms of the economic relationship with the ccp? is that a step too far or is that appropriate? >> no, maria, we had begun to do that with the trump administration. there was still a lot of work to do but we had begun down that path. it starts with the fundamental recognition of what you laid out, the chinese communist party ah has been at war with the united states economically for at least 25 years, probably closer to 40 and we need to demand basic reciprocity. they can buy real estate inside the united states. we ought to be able to buy land in china. if they're going to conduct espionage from their consulate in houston, texas, we should kick them out like the trump administration did. those tools, those economic levers that we have to make sure

we protect our soldiers, sailors, airmen and marines and we're not having american money underwriting the chinese national security state, absolutely imperative that we get this right. we have the ability to do this, maria. sometimes we think we can't. we have the ability to do it. we should stay faux k i hope the biden administration will turn around these policies of appeasement and deliver good outcomes for the american people. maria: it's unlikely. they won't even call the ccp an adversary. the president keeps calling china a competitor, not an adversary. he's refusing to comment on the cyber threat as they hack commerce and state departments. here's the president this week. watch this. >> can you tell us about the hacking of cabinet officials by china and the threshold of concern you have about that, sir? >> ready? [ indiscernible ] maria: so he just walked away and blew off the question, mr. secretary. and then of course we have to ask the question, is it because he's compromised? is it because he's taken in all

this money from chinese officials? i spoke with his rival, robert f kennedy junior this weekend and even he said to me, look, i've been unwilling to go here but it's time for an investigation. here is kennedy on sunday morning futures sunday. watch. >> i have avoided criticizing the president because you know, i'm trying to bring people together and end some of the vitriol poison that's made politics so poisonous. maria: corruption is corruption. we don't want corruption in government. >> these revelations about -- where you have burisma which is -- they're a notoriously corrupt company that paid out apparently $10 million to hunter and his dad, if that's true, then it is really troubling. so i think that that needs to be

-- it needs to be investigated. maria: so what about that, secretary? nobody knows more about the ccp than you. i mean, you studied it as a congressman from kansas, then you were the head of the cia, then you were the secretary of state, all the while zeroing in on our number one adversary, china. is it because he's compromised, is that why we have this soft approach, what do you think they. >> i don't know precisely. i think what mr. kennedy said is true. we need to investigate all of the moneys that flowed into the biden family. there's no known reason. there's no explanation, there's no actual value that was created in exchange for that we've identified. we should figure that out. when i think about the china policy, however, i'm a little less worried about the why than the what. i'm worried because in every sense they are bowing down to the chinese communist party, they are letting them run all over us, undoing much of the good work done in the trump

administration. this presents risk to american people, american commerce, to our way of life and we can fix it. it's not beyond us. the chinese communist party has lots of problems, economic problems, we should demand they behave in the world in the way we ask every country to, instead of giving special favors in the way the biden administration has in the first two and-a-half years of the administration. it's unacceptable. the commi chinese communist parn see us. we've seen this in ukraine. when you appease, when you allow others to think you're not prepared to defend the things that matter to you, they'll begin to walk all over you and it presents the risk of conflict with the chinese communist party which i think they are prepare forge and we cannot let happen. maria: really unfortunate developments here. mike pompeo, it's always a pleasure. thanks for your insights on this. >> thank you, maria. have a great day. maria: and to you. former secretary of state mike pompeo. stay with us. we'll be right back. more tha,

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from xfinity. maria: welcome back. top officials in florida, flgovernor ron desantis' campain telling donors that a reset is underway in a meeting with top contributors on sunday.

they acknowledge too much money has been spent and promising more changes to rebound from a disappointing start. meanwhile, president trump keeping his commanding lead with gop primary voters. a new fox poll finds the former president at 48% in south carolina, desantis is in third place at 13%. in iowa meanwhile, trump is leading with 46%, desantis is at 16%. joining me is former speaker of the house, fox news contributor, newt gingrich, author of the book, march to the majority. speem sspeaker, it's always a p. great to see you. >> good to see you. maria: what is going on with these polls. let's talk about it. how do assess where we are ahead of the debate? >> well, president trump has half or more of the republican base, i think pretty well locked up. i think they're going to stick with him no matter what. the rest is scattered. what people need to remember is

we went through this in 2016. and i think there were a total of 16 candidates and as they drop out, people say they're all going to go to the non-trump candidate. that didn't happen. i just talked to one pollster two days ago who said that if desantis for example were to drop out, at least half of his vote would go to trump. you add that to what trump already has and he's above 60% against the entire field. so unless something really dramatically happens, i think that trump is the almost inevitable nominee. nothing is totally inevitable in politics but he certainly has massive advantages going into iowa, new hampshire, south carolina, nevada and he could come out of those four having decisively won the nomination. maria: yeah. but newt, i mean, something extraordinary is happening. he got indicted twice and he might get indicted a third time. how are these legal issues affecting all of this?

>> well, i think he'll be indicted at least two more times, he'll be indicted probably certainly in the district of columbia by the totally i think partisan department of justice and he may be indicted in atlanta by an equally partisan democrat local district attorney. but i think what's happened is in trump's world that's interpreted as persecution, not prosecution. and so people believe that this is a deliberate effort. they look at how the bidens are treated, look at how hillary clinton was treated and they say, you know, there's such a gigantic double standard here that how can you possibly believe this is about the criminal justice system. this is an effort to use the law to destroy a political opponent, something which frankly has never been done in american history. and it's kind of astonishing that the democrats are this desperate and that they're willing to manipulate and use

the law this decisively. it's an example of the depth of their corruption. maria: well, this is a really important point that you're making and this is why we're looking at these developments around hunter biden, devin archer, his former business partner is expected to testify under oath next week and what we have from miranda divine is hunter biden would dial into his father, then vice president joe biden, on speaker phone into meetings with his overseas business partners. this reported by miranda divine that devin archer is going to discuss next week. is this ever going to hurt joe biden, even kevin mccarthy is saying some of this is rising to the level of potential impeachment hearings. >> i think when robert kennedy junior said there has to be an investigation, he saw the beginning of a break in the whole dam.

facts weigh up day after day after day, some point the new york times and washington post and the big media conglomerates are going to realize they're on the wrong side of history and as they do that, and you'll see this -- the tide shift. already you're seeing a little more coverage of the problems. you're seeing the new york times beginning to behave as maybe it's on the wrong side of these things. the devin archer -- if he comes in, again, the pressure on him to not testify is enormous but if he does come in and he does say flatly, look, i was in the room, i saw it. there's no question it happened. first of all, it will prove conclusively that joe biden has lied to the entire country for years. second, it will raise significant questions because so much of this money is foreign money. this isn't just your standard corruption problem. this is a foreign influence buying problem involving the president of the united states. and to the degree -- i'm just

now reading ball of collusion by andy mccarthy which was written back in 2019 and it is astonishing how he takes apart all these things and one of the things that led me to realize biden ordered in part from hillary clinton. the clintons use government to raise so much money that has still never been investigated. it should be. the clinton foundation became their device for huge amounts, $35 million in one case, so the bidens in that sense are just kind of a little thieves as compared to the clintons who were taking money on a grand scale but biden learned from that. you can do i you can get away with it. there's no legal consequence so why shouldn't i have the money too. and so you have a guy who at least since the vice presidency has been taking money. maria: yeah. and that's with the burisma ceo said according to these documents, that he said we

always knew joe biden was the most corrupt family in washington and living in the white house and that says a lot given that the clintons lived there. he actually said that according to documents that we've got. meanwhile, house speaker kevin mccarthy as i mentioned escalating talks of impeachment in the face of these investigations into the family business. here's what the house speaker said this week. watch. >> if you're sitting in our position today, we would know none of this if republicans had not taken the majority. we've only followed where the information has taken us. this is rising to the level of impeachment inquiry. maria: so newt, where do you think this is going? do you think we will see an impeachment and does it matter at this point? what happens then? >> well, look, i think there's a huge challenge to impeaching and convicting president biden and that's vice president kamala harris. i mean, no rational person wants

her to be president. so you have this dilemma. you may have a corrupt and in some ways cognitively challenged president but you have a totally inept vice president who would probably be from this country's standpoint even more dangerous. i think mccarthy's right, though. they should impanel an impeachment process because that opens up avenues of investigation they don't currently have. maria: newt, i know you did a taped podcast with the producer and actor who made the sound of freedom and you were very happy with that. real quick on that, why was that so important to you? >> well, it's an amazing movie. i'm actually -- kevin mccarthy is hosting a showing of it on capitol hill. it is an important moral statement about the tragedy of children and i think every american should see the sound of freedom. maria: newt, great to see you this morning. newt gingrich. we'll be right back.

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