[bleep] they just is literally move methodically forward, peeling away all those barriers and hen the people themselves. Free, free palestine [inaudible conversations] [background sounds] [bleep] neil man, oh, man, what a weekend. We are not done, my friends. Welcome, everybody. After that we are now looking at more potential problems this weekend as a crackdown at several antiisraeli protests continue to overrun colleges and universities. At least one Graduation Ceremony has been disrupted by it and at least one canceled because of it and we, well, were all over it with the former police chief in l. A. And served that same function in new york, bill bat bratton, on how authorities can put a stop to it and congresswoman Virginia Foxx who Will Ban Loan Forgivenesses from students participating in it. Plus, another week in new york in a courtroom for the former president of the United States. Right now courting donors and potential Running Mates in palm beach, florida. Can he position himself in this increasingly violent and protestprone society as the Law And Order candidate hike one richard a nixon did back in 1968 . If i can remember that. I dont know if a lot of other phobes of a certain much younger age could or can, but well try to tie the two together. Happy weekend to you with, welcome, everybody. Its been a scary week. Now the question is, Where Do We Go From Here . First to the white house and how the administration is trying to address all of this without dividing the country all the more. Lucas tomlinson has more. Lucas. Reporter well, neil, ten days passed between president bidens comments on antisemitism the on earth day and his formal remarks here at the white house thursday as protests, sometimes turning violent on college campuses, across the country raged. Theres no place for hate speech or violation of any kind whether its antisemitism, islamophobia or discrimination against arabamericans or palestinianamericans. Its simply wrong. Reporter peter dos she fold up at the Press Briefing Yesterday where he also asked about those Fraternity Brothers at chapel hill who saved the American Flag. Reporter does he think islamophobia is just as big of a problem on campus as antisemitism . The president s always going to call out all forms of hate. Always. Look, protecting American Flag is Add A InitialAdd A Initial. Ill leave it there. Reporter neil, yesterday afternoon i joined you from the campus of George Washington university where the statue of George Washington has been defaced and is draped by the palestinian flag. There was a Little Library set none a tent in connection to the statute, no sign of the prizewinning biography of our first president. We also saw this giant American Flag unfurled by the gw staff, we heard the call to prayer and an imam preached next to the protesters. This was also an art tent last night the protesters superimposed this image on the American Flag. As you can see, it reads if you have it it says genocide joe, something these protests some think these protests bear the hallmark of 1968. You spoke to president ial his etorian Douglas Brinkly on your show yesterday. The democrats are meeting in chicago this august which was a symbol of the battle of Michigan Avenue neil right. Where police, rioters and antiwar people clashed. It is ringing a lot of nixon 1968 bells this year. Reporter former Biden Press Secretary jen psakis going to give the can Commencement Address to the gw students two weeks from now, is and its notable some of the students said those protesters were trespassing on private property. We called the school, they asked the d. C. Police neil lucas, is that statue still defaced like that . Has anyone made any if move the clean it up . If. Reporter its still defate faced. I left yesterday during special report, and it was still on George Washington as well as the palestinian flag. Neil so the encampment has been mostly taken apart for, but everything the encampment is still there, neil. Not sure with the weather and the. Rein this weekend, but the encampment is still there, the tents are up, and the statue of Scworming Washington is still defaced. Neil so the university is doing nothing itself to address that part of it. Reporter correct, neil. Neil incredible. Thank you, my friend. I want to go to natalie versace, shes a junior at ucla, president of the students supporting israel. Talk about the university that got pretty scary this week. Natalie, very good to have you. How do you feel about all of this, what youven countered at encountered at ucla, what students like yourself are dealing with this, students whether jewish or not that are caught up in this and they dont want to besome. Thank you so much for having me today. Mixed emotions this week. We have seen not just here at ucla, but cam campuses across the country displaying antijewish andupamerican action. The spike has been more than jews including its tough to even fathom. On top of that, what we have mainly seen is graffiti swastikas, The Jewish Star with clear instructions wrote on campus to invite students to participate in stepping on this symbol. We have seen our American Flag that was once waving high and proud on our campus replaced with the palestinian flag. That is clear antiamerican. We have heard for the destruction of the only jewish nation, israel. Jews only make up 22. 4 of the u. S. Population. Today it is us. Tomorrow it can be you. Neil you know, or natalie are, whats remarkable is some universities try to find ways around these protests, and maybe their hearts in the right place, but they might be making a pact to something far more controversial. Im talking about brown, rutgers, north western. There might be others that make this list dated, natalie. But essentially, they are going to allow or put up for a vote a measure that would allow universities to divest themselves and companies that do business with israel. I wonder though if that vote were defeated, in other words, that divestment was not allowed whether wed only see more protests and that would trigger still more trouble. Of course, yes. And, unfortunately, we are falling victim here at ucla of prohamas, proterror demonstrations here on our university which led us to our campus being defaced. And we are suffering the post consequences of allowing and tolerating the encampment that was clear this past week at ucla. Its been a very scary, very intimidating time not just for the jewish student, but for all students alike. Neil youre watching up your junior year, i understand. I hope ive got that right, natalie. You want to go to ucla in the fall . Absolutely. I mean, i prayed and hoped to get into ucla, and and it has been my dream school. But the spike in antisemitism on campus has been unbelievable. And to me, i wouldnt be surprised if the incoming freshmen that are jewish are second guessing their decisions. Yeah, i wouldnt be surprised. Neil what would you tell theming those incoming potential jewish students . So in my Leadership Role of students supporting israel, i want to let them know that they do have a community that there is likeminded individuals that are ready to embrace students that are support i have of israel supportive of israel, that want to have a Sense Of Community and also feel that safety net that you are not alone. Neil natalie, youre a remarkable and very young woman. Thank you very much. Keep us posted how things are going. Thank you. So in terms of whats going on now, it has been a complete disaster on our campus. We have defaced our beautiful facilities that students pay very good tuition for. Theres graffiti, there is lots of trash, and i would just love to know if in part of their demands, was there a portion set aside for all this cleanup that was expected, or who is supposed to clean this up exactly . I think that ucla should restore the expectations that come with being the number one with Public University in the nation by you holding his upholding its standards that all students should abide by. But unfortunately until then, we are waiting by. Neil yeah. I see this happening across the country where all the troubles in the encampments, some of them still very much in place. Natalie, thank you. I want to go to bill bratton, former nypd commissioner, served that same role in los angeles. What do you tell this young woman and those she reaches out to, younger student is still to come whether its ucla or other schools, whether theyre targets, whether they should . [no audio] well, effectively shes a very articulate and sincere young woman, quite obviously. Keep up the fight. The common if thread through all of these demonstrations on the 40 or so campuses that have had them is this virulent antisemitism. As much as theyre trying to project that its propalestinian, progaza, human relief issues, that is actually almost obscured totally by the very so overt or antisemitism being exhibitedded by so many of the demonstrators. So thats an issue that is creating fear not only among the jewish students and faculty, but among those larger populations on those campuses. One good news aspect of this is these demonstrations usually involve several hundred individuals. Ucla has a student body of 30,000 students, 30,000. And at the height of this demonstration, there were several hundred including large numbers of outsiders who arent actually students. So lets keep it in Con Detective context. This is not a huge movement. It doesnt involve Tens Of Thousands of participants. It is accomplishing what it is intended to do though, attracting a lot of publicity to their issues and their cause. And in some respects, thats good. Because what is the primary purpose of the cause of some of these demonstrators . Antisemitism. And also a, basically, antiu. S. Hatred. Neil more on the antisemitism the side than not. But it does trigger still more protests. I know we start thed out with about 6 or 7 boldfaced name institutions, Ivy League Schools and, of course, its spread e to your point now better than 56. But having said all of that, bill, what would you say to some of those schools that try to deal with this and negotiate with the protesters . Im talking about brown and rutgers, northwestern that are opening up to to putting up for vote a measure that would at least allow the universities to put up or vote when they should be investing in companies that do business with israel . Do you think that that maybe with the best of intentions could complicate things especially if the vote dont go the way some of those the antiisraeli protester want . Well, i have a prediction for you [inaudible] just the very nature of Investment Policies will preclude that a the from happening. So thisser issue is not going to resolve itself for the time being by the amelioration of some of those complaints and the idea of having further negotiations. Negotiates negotiations are always a preferable to acts of violation. Each school has to make its own decision as to what its going to do. And thats been the case, we have 50someodd campuses that have been affected, and were seeing a wide diverse the city of response. Those who are bringing in the police, those who are negotiating. A mistake that all of them have made if my per if spective is this idea of per if spective of this idea is when this first began, when that first tent was allowed to be put into the campus area and not taken down, its like the old Broken Windows Theory which im a significant advocate of in policing. If you dont take care of the little things, they become very big things. If you dont take care of the minor disturbance, the Miles Per Hour violations of the rules and regulations of the school, the minor things that are included in the code of can conduct, then if you dont deal with that directly, they become much bigger. And were clearly seeing that on campus after campus after campus. The issue you just raised about the George Washington university with, its outrageous that that statue of the founding father of this nation is still cover covered neil incredible. Outrageous. Neil oneil bill bratton, well see what happens and whether any of these institutions heed some of your advice. It seems pretty sound and noncontroversial. Former police chief and new york is and los angeles, bill bratton, on that. Theres a move afoot to sort of defund some of these institutions that allowed this to happen and even go after the protesters, some of whom have seen their Student Loans forgiven. I want you to meet a congresswoman who says thats got to end as well after this. So, we have answers. Like how to keep your yard looking lush. Which paint color matches your bold style. And with the mylowes rewards credit card, you can save 5 every day. You got this. And we got you. Try killing bugs the worryfree way. Not the other way. Zevo traps use light to attract and trap flying insects with no odor and no mess. They work continuously, so you dont have to. Zevo. Peoplefriendly. Bugdeadly. There are many ways to do things. At old dominion freight line, we do them this way. This way has people who start early. People who care and inspire each other to do things the way they should be done. This way uses technology and goes the extra mile to deliver your promises ontime, every time. This way is why were the Number One National ltl carrier for quality. For us, this way is the right way which is why its the only way we go. Neil all right, taking a quick peek at the George Washington university campus. The flag is still there, but poor george is still defaced. The statue of George Washington here, theyve done little to correct any of this on the campus here because it does look, as Lucas Tomlinson was raising earlier, that that encampment is still in effect. Maybe not as big as it was, and University Officials are hoping its the end of the school year, theyre getting exams, this wraps up so dont do anything the agitate things, but i think if youre looking at that statue of George Washington defaced, youre thinking, really . You cant clean that up . Our next guest is probably asking the very same question. Virginia foxx is the republican North Carolina congressman, chair of the education and work force committee. Congresswoman, very good to have you. What do you make e when you see images like gw and the state its in right now, other universities where some of the encampments are coming down, but not nearly fast enough for a lot of peoples taste . The what do you make of all that . First, thanks for having me on today, neil, and thanks for keeping a focus on this issue. Its disgusting to see whats been happening on these campuses. The defacement of buildings, the destruction of property, the threats against jewish students. Our focus is on protecting all students. We want all students to be able to study, learn and get their degrees done. Youre right, its getting close to the end of the year. But the violence thats occurring toward the students as well as toward the buildings is absolutely disgusting. And to wrap George Washington in that material is, it makes you want to throw up. Neil so, congressman, youve been with calling into question some of these schools that get some federal funding and questioning whether they should get at least as much. Youve gone so far as to say that some of the students who are convicted in these protests and might have had some of their loans forgiven or cut entirely shouldnt. Maybe you can explain. Well, the president has been doing a lot of illegal things as it relates to the Student Loans. The Supreme Court told him he couldnt do what he wanted to do, so hes working around it. But we certainly dont want to support students who participate in illegal activity it is on the campus. We have a whole of Congress Investigation going on now, and we want to do everything that we can to see the taxpayer dollars are not wasted on these campuses. Well be looking at every mace that they get money from Research Grans to financial aid. We already are tacking the endowments taxing the endowments of 38 of the largest endowments in the country. We want to look at everything. Im very pleased with what speaker johnson has done to allow our committee to be the lead committee, but to work with five other committees on all of these issues. Neil got it. Congresswoman, thank you very much. Have a staff safe weekend with. Virginia foxx of the beautiful state of North Carolina. University of North Carolina, others have had their protests as well. Thank you. Neil a broad swath of universities and perceived political views. In the meantime, taking a look at donald trump wrapping up that Hush Money Trial this week. Hes in florida today courting some potential Vice President ial candidates and raising money. But its what came out of the last day of the trial this week with hope hicks thats raising some eyebrows and maybe for the former president some concerns. After this. On your credit cards lately . Get ready for a shock. The rate on credit cards is now over 22 . If you want to save hundreds of dollars every month, pay off the balances on your high rate cards with a lower rate va home loan from newday usa. And get the financial Peace Of Mind every veteran deserves. No one takes care of veterans like newday usa. Harry david makes mothers day easy. Share a gift, made with love, with the mom in your life. Choose from hundreds of stunning baskets and towers. Its the perfect way to say thank you for everything. Harry david. Life is a gift. Share more. Neil all right, former President Donald Trump has wrapped up 11 days of, you know, this trial, this Hush Money Trial going on in new york. Hes had to juggle that with campaign appearances, one big event planned in florida today is not only an opportunity to court donors, but also to try out and maybe show off potential Running Mates that are the in the list of half a dozen or so who might get that very job. Nate foy wraps up how things went in new york. Reporter hey, neil, good morning. A former adviser to President Donald Trump provided new insight into his mindset as women came forward in the days leading up to the 2016 president ial election claiming affairs that trump denies. Hope hicks said trump was very much concerned with his family, specifically his wife, former first lady melania trump, saying he didnt want his family to be embarrassed by anything that came out during the campaign. Hicks said trump requested that newspapers not be dropped off at his home because he was worried about melania with seeing the reports. Heres trump after court friday. I was, i was very interested in what took place. Though im not allowed to comment if on any of that, as you know, im under a gag order which is very unfrom precedented. Reporter prosecutor and former top doj official Matthew Coangelo led the examination of hicks, heed asked her about meeting former American Media ceo david perk. Hicks says she are remembers seeing pecker at trump tower buzz doesnt recall a meeting but doesnt recall a meeting. She also said Michael Cohen injected himself into Campaign Activities saying cohen liked to call himself mr. Fixit, but hicks said things only needed fox 5 at 5ing fixing because cohen broke them first. Trump claimed a recording cuts off and is misleading. Now, neil, we also have confirmed that trump has paid 9,000 in fines related to 9 separate gag order violations. While entering court on friday, trump said e his lawyers are going to file a challenge of the gag order because they believe that its unconstitutional. The trial resumes Monday Morning at 9 30 with a new witness on the stand. Well send it back to you, neil. Neil all right. Well find out who that new witness might be. Michael cohen will be testifying himself. John yoo is with with us now, ucberkeley law professor, former Justice Thomas law clerk. He me ask you firsten on the bag order, an Interesting Development that struck me, the prosecution wanted to maybe take this a little further and cite the former president for these gag order violations. Her chan was saying judge merchan was allowing this to become an even bigger issue would be so prejudicial that it would be very, very difficult, quoting him, for the secure to look past that. What did he mine by that, and mean by that . Good morning, neil. My overall impression is that the gag order shows that the judge is in water over his head becausest hes failing to recognize that plump is not just a that President Trump is not just a regular defendant. He has a First Amendment right as the candidate for the Republican Party to speak. Thats the core of the Free Speech Clause in our constitution. So i think what youre seeing here on the daytoday trial is judge her. Chan might have realized that, and maybe hes trying to pull back from the overbreadth of his gag otherwise. And maybe now hell stop the actually sanctioning trump the issue by issue, event by event. You also see Donald Trumping as you saw in the clip he just played, is also a saying im under a gag order, im not going to keep talking about the witnesses and the trial in a way thats prohibited. So maybe tear both coming to a kind of compromise with each other. Neil so the reason why i asked acted about it is couldnt judge merchan make this ease she on himself by saying, all right, what apies applies to you should apply to Michael Cohen . I think thats right. It doesnt make any sense, it seems to me, for the judge to put donald trump under a gag order and prohibit him from saying outside the courtroom, a, what Everyone Else who are going to be witnesses are saying outside the courtroom and then also the gag orders preventing donald trump from saying outside the courtroom what his very lawyers are going to say inside the courtroom. Why shouldnt the public be able to know exactly whats going on inside and if donald trump wants to reveal the attacks that his lawyers are going to make on Michael Cohen or or other witnesses or lay out his theory of the case, why doesnt the judge just let him . The whole point of the Free Speech Clause is for the public to be able to learn about and discuss issues of importance to our elections. Neil i want to also touch on your response to, your take, certainly, on hope hicks testimony. She didnt want to be there. She got upset, was crying briefly, then calmed down and answered the questions. I understand all of that. The defense said that she painted donald trump in a friendly light, that he was concerned some of these revelations about payments to porn stars and others, you know, would be something that he didnt want his e wife to have to endure down to explaining how he had requested that newspapers not be made available at his residence so that she could read them. But prosecutors, couldnt they take that to say that this is yet another sign how some of these damaging stories whether true or not were all a part of the scheme to illegally influence the 2016 election . Thats what the prosecution is saying. And anything that furthers that argument whether it looks good and un, for the former president or not, isnt going to take that argument away, that this was all about a trying to influence that election. Thats what they keep insisting. With let me say hope is a friend of mine, and its terrible to have to see her undergo this kind of pressure. I didnt see it, the trials not televised, but it sounds to me like she told the truth clearly and without well see crossexamination, but i dont think theres going to be any doubt about her testimony. I think the prosecution made headway in all these witnesses, just by showing that President Trump was, wanted to make sure that these stories didnt yet out. Thats the facts that they want to get out. But the problem is that the prosecution doesnt have law on it side, because the more that you can show that donald trump heres actually the prosecution is inadvertently showing Thattop Trump is trying to protect his donald trump is trying to protect his personal reputation where it looks less like a Campaign Contribution violation. Neil very interesting. The trial does reassume next monday in new york. The president , former president , will be there for that. Meanwhile, a lot of parallels with all of this going on, not just this trial, but all these demonstrations, protests at campuses that its 1968 all over again. I literally wrote the book with on that. After this. There are s romantic. [bell sounds] welcome, im your host, jacob. Hi. How was the weather getting up here . Fine but, you know, i think were, were just going to go up to bed and do you believe in ghosts . [whistling kettle sound] no . Good mother is buried in the yard. Meanwhile, at a vrbo. 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So call now for free information, and youll also get this free beneficiary planner. And its yours free just for calling, so call now for free information. Hi, im janice, and i lost 172 pounds on golo. When i was a teenager i had some severe trauma in my life and i turned to food for comfort. A friend told me that i was the only one holding me back from being as beautiful on the outside as i am the inside. Once i saw golo was working, i felt this rush, i just had to keep going. A lot of people think no pain no gain, but with golo it is so easy. When i look in the mirror, i dont even recognize myself. Golo really works. Hes a radical these are radical left lunatics, and theyve got to be stopped now because its going to go on and on, and its going to get worse and worse. You know, they take over countries, okay . If into if were not if letting them take over the usa. Neil all right. Donald can trump now really becoming the Law And Order candidate in this race when you can agree or disagree with that, it does eerily parallel another candidate who did the same thing back in 1968. Some of you might recall this. It is time for an honest look at the problem of order in the United States. Dissent is a necessary ingredient of change, but in a system of government that provides for peaceful change, there is no cause that justifies resort to violence. Neil that was Richard Nixon then, it was a winning formula. There was, of course, the backdrop of the convenience and political upheaval, the convention that the democrats had in chicago didnt make that any less so. Of course, they are gathering once again in chicago so, again, these pair rells parallels are out there. I was very excited to get this next guest on, he literally wrote the book on this. I highly recommend it because it puts in context not only Hubert Humphreys political career who narrowly lost to Richard Nixon, in 1968, james trout is with us, what was liberalism. Always good to have you, james, and thank you for joining us. [no audio] can you hear us, james . Yes, i can. Neil all right, good. I wanted to get your take, first of all, on those parallels. A lot of people are leaping, maybe myself, prematurely. But do you find those pair hells in for democrats, could that be a worry and for joe biden specifically so . Oh, no question. I mean, in some ways its really pretty eerie right town to the fact that the convention this year is in chicago as it was in ooh 68. Neil who came up with that idea, by the way . Whats that . Yeah. Neil who came up with that . I dont know. They obviously werent thinking about that at the time. So, you know with, 68 was a catastrophe for Hubert Humphrey, for the democrat contact party, in some ways even for the Antiwar Movement because it was seen as so chaotic, riotous and undiscipline9. Undisciplined. Theres a real threat from bidens Point Of View that 20224 the could look like that. Its only wad for him. You can see bad for him. You can see hes trying to thread that needle in the statements he made we the other day where he said we welcome dissent in this country, but we cant accept law breaking or violence. Neil you know, james, i look at it though in threading the needle and i understand, you know, the Finesse Thats has to come with that. But maybe this isnt the time for finesse. Maybe this is the time with hes trying to, you know, Rally Support in a Battleground State of michigan. I dont want to be cynical about it. He risks losing support in all these other states that he could count on if he broadened it out, if he had a bill clinton moment to take on a core base of the party. Hes not doing that. So thats, i think, the tough question politically. Because youre right, i mean, Hubert Humphrey lost in 68 because of people the his right, not because of people the his left. Those folks, the antiwar group, mostly came home. He did well in progressive states and, yes, he lost in ohio, he lost in illinois, states that blue collar states the democrats expected to win. I think the hard part for for humphrey then and for biden now is that sister soulja thing which i think would be kind of cynical, but politically a good calculation, you know, biden doesnt want to sheer off the shear off the whole Progressive Wig of his party. So even leaving aside the merits, its a tough political question. He, would be probably politically better off if he could find some way of mollifying the protesters, showing that he has some sympathy with their position without in any way appearing to take their side and, thus, losing people to his right. That, you know, if hubert had done that in 68, i dont think it would have changed the outcome. It might have helped. Neil you know, im thinking, if i remember 1968 a lad at the time but i remember george wallace, i remember as a Third Party Candidate he got 48 electoral votes. That didnt help Hubert Humphrey, and now im thinking of rpk jr. And other candidates who in some key states could do the same thing. They could affect the vote and therein again lies another parallel to 68. What do you think . Well, from my Point Of View the parallel with wallace is donald trump. Donald trumps uses today the kind of language that wallace used in 68 which is the language that says there are us true believing americans, and then there are all these bad people who arent like us. So that populist language which wallace used with end credible skill had lain dormant in the United States really until if trump took it up in 2016. And so, to me, one of the striking things about this is that when wallace did this in 68, it was considered beyond the pale. You just didnt talk that way. America has changed a lot since then. And what was considered extremist language in 68 has now been normalized by trump. Neil so let me ask you, you wrote a column on this to that effect, but were so focused on 68 here and the potential for democrats that we lose sight of 1948. That, too, Hubert Humphrey was a key player in a a difference can way different way, but it was a rah race where harry truman was thought to overwhelmingly lose, and he shockingly won. So who says it cant be Something Like that . Well, neil, thank you for bringing up that nowneglected moment. 1948, obviously very brief, was an extraordinary moment when Hubert Humphrey basically as a young man, the mayor of minneapolis, 37 years old, forced the Democratic Party in the if face of the southern control of the party to take on a serious civil rights plank. And interestingly, truman was horrified and thought im going to lose the south neil thats right. And he was certain, everyone knew that. And then truman mounted this incredible comeback and stormed to victory. And i point out in the book and in the article that Hubert Humphreys career was bracketed by these to conception conventions. One heroic, the other tragic. Neil that is well put. James, an honor having you are. I want to steal you back again if i can. Okay, id love to. Neil true believer, Hubert Humphrey, two different perspectives from 1948 to 1968, two very deferent outcomes for democrats. All right, one outcome we can assuredly predict for all americans, the irs is looking at you and your tax returns and this notion that its only going after the rich are, the math and the early indications are not so. After this. Cts come with questions. So, we have answers. Like how to keep your yard looking lush. Which paint color matches your bold style. And with the mylowes rewards credit card, you can save 5 every day. You got this. And we got you. With so many choices on booking. Com there are so many tina feys i could be. So i hired body doubles to help me out. Splurgy tina loves a hotel near rodeo drive. Oh tina wild tina booked a farm stay to ride this horse. Glenn close . with millions of possibilities you can book whoever you want to be. Thats my line booking. Com booking. Yeah life with afib can mean a lifetime of Blood Thinners. And if youre troubled by falls and bleeds, worry follows you everywhere. Over 400,000 people have left Blood Thinners behind with watchman. Watchman is a safe, minimally invasive, one time implant that reduces stroke risk and bleeding worry, for life. Watchman. Its one time, for a lifetime. Neil all right, its been a few weeks, im sure most of you have paid your taxes or at least sent your tax return in. Theres no guarantee though that the irs is done with you. Depends how this targeting goes of trying to his more money and auditing returns. The irs is officially saying its focusing on the wealthy, but its not exclusively doing so as Hillary Vaughn found out. Hillary. Reporter well, neil, the irs is setting their sights on the super or rich the make sure theyre paying their fair share using billions of Taxpayer Cash to turn the around and audit americans. The irs releasing their new goals to pepper the wealthy with audits including 2reuing the rates of large corporations with over 50 million 200 250 million in assets on large complex partnerships with assets over 10 million and a 50 president increase in audits on well the taxpayers making more than 10 million. Treasury secretary janet yellen says it wont increase the chance that anyone making under 400,000 is audited, but while the Biden Administration insists the percentage of people making under that who get audited will not increase, thats not exactlily a sigh of relief when about 90 of all a audits are on american taxpayers who make less than 400,000 a year with. Neil . Neil thank you very much. Hillary vaughn on capitol hill. Well be monitoring that closely, as im sure some of you will just in case the irs sends you a letter. In the meantime, a reminder about old days that are coming back to haunt us or fears not only of inflation not going away, but a potentially slowing economy that might not go away either. Now, in the old days, back, lets say, in 1980 when Ronald Reagan was taking on jimmy carter, he coined the expression stagflation. Is that happening right now . Were on it after this. People couldnt see my potential. So i had to show them. Ive run this place for 20 years, but i still need to prove that im more than what you see on paper. Today im the ceo of my own company. Its the way my mind works. I have a very mechanical brain. Why are we not rethinking this . I am more. Im more than who i am on paper. By the very standards mr. Carter himself used to measure president ial failure, he that has failed. He promised to bring inflation down to 4. Its now running at a doubledigit rates and hit 18. 2 earlier this year. Inflation is not easing, it is rapidly rising. The doubledigit punishment of jimmy carter is not receding. Neil all right. That was the election of 1980, Ronald Reagan winning that one in a landslide from jimmy carter at the time addressing an economy that was slowing down but rocketing prices that were not. What is traditionally now known as stagflation. Were not seeing really signs of the slowing down part of that. We are seeing rates still the stubbornly high. We had 175,000 jobs added to the economy, the slowest gain in six months. But a gain is a gain, so nothing like the job losses back then. Where is this going . Lets ask the Consumer FinancialProtection Bureau director here in the flesh on a saturday in new york in. Good to see you, director. Thank you. Neil youve heard the stagflation thing, you know how onerous that can be to consumers. Are you worried about that . Well, we are seeing the data come in every month, and this is a lot of good spots. Youve seen continued job growth month after month neil it has slowed. And inflation has been coming down. We have a long range of growth. But theres no question neil its sticky. Inflation lately has been sticky. Its not budging. Well, and were with also seeing many consumers and house holds dealing with higher Interest Rates. So thats affecting them when it comes to their mortgage and especially when it comes to their. Credit cards where some people are dealing with 30 or more Interest Rates. And a lot of companies out there, i think, are taking advantage. Neil you know, its interesting, you and i were chatting about this during the can break, what is the fed if going to do the on breaks. The fact of the matter is market rates have been stubborn. Backing up a little bit on addressing this underlying still pretty Strong Economy thats producing that, but im just wondering for consumers who owe or want to buy a house or refinance the one theyre already in, thats a sticky problem. Yeah. You have people who are looking at 7 plus mortgage rates, is and we see in the Credit Card Business thats where really many people are being pinched. The big with Credit Card Companies have raised rates even faster than the fed has. And so were looking at all sorts of ways in which they are pricing, i think, to or harvest more fees and billions of dollars out of consumers, and we want to make sure that they cant unfairly take that neil now, how do you put a limit on that . If 30 is too high, and i have seen figures like that, is 24 the middle ground . I dont op even know what it is. Part of it is you want a competitive market. A lot of these big. Credit card a companies are baiting people are all sorts of pomses and rewards, but theyve been promises and rewards, but theyve been raising rates is so high that we project theres almost an extra 25 billion a year people are paying in interest. And across the economy we are seeing that theres opportunistic price hikes. Junk fees, whether its the airlines, whether its the tickets, people planning for summer vacation, so i do think we have to crack down on some of these anticompetitive neil very legitimate concerns, and i get where youre coming from, but wouldnt the problem go away if the administration has done had done a better job of addressing these price hikes . Its not all under their control, and i certainly get that. But thats what feeds the environment where a lot of these folks are put against the walsh theyre spending more than they really should because theyre against the wall or but the underlying problem is that inflation. Get that under control, things wont yeah. Well, look at what some of the categories where prices are being hiked. If auto insurance, some things even diapers. We saw all sorts of excuses as to why they had to raise those prices. Supply chain shortages, whatever it may be. Some of that is gone, and you still see some of those neil but Grocery Prices are still going up, gas pices still going up well, look at the news this week of gas prices. You hear an ftc action where theres potentially Major Oil Producers in texas colluding with opec . If you know, we need our gas markets to be able to neil i see what your saying. I always get the impression a lot of people at the white house, i would do the same thing, i wouldnt take blame for anything. I always blame Everyone Else. Evil companies, evil Credit Card Companies, banks and nefarious characters like that, but youve got to take the hit for some of this. Well, the government has to step up and crack down neil i understand that, but isnt the underlying problem the inflation . Not just the Biden Administration, could be the fed missed the ball on this early on, but isnt that at the core of all of this . Inflation overall has come down and job growth has stayed steady, but people, many people still are facing pinches neil but theyre still spending. Isnt that feeding this . The more they spend well, theyre also trying to live their life and get ahead. And that is why, neil, as you mentioned, high Interest Rates are something that are really burdening people who are trying to take out a mortgage or pay off their credit cards. Neil real quickly, or you dont think this is going to be jimmy carter days. Well, i think the economy is actually much stronger than we ever expected it would be a couple years ago. Neil got it. Director, thanks for coming in. In the meantime, taking a look at some protests planned for today to expand, nothing like we saw last week, but at gw is and some of these others, the encampments are not going away. Stay with us, you are watching, fox. Because you know the righty to save. Stop save with drivewise and get a rate based on you. 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