By tim on the impact of economic recession in modern america he received the James Cameron prize he was awarded the prize for journalism for recording the version of events and told an unpalatable truth and hes the longtime staff writer in the paris review and the office of Standard Operating Procedure from 2008 and we wish to inform you including the National Book critics circle award. Facebook short fiction essays have been translated into a dozen languages. Hes at work on a new book. Please join me now in welcoming chris. [applause] this one works. [laughter] a long time ago at the border in 1996 or maybe earlier than that and in those days chris is doing some of the truly outstanding reporting from there as he has them everywhere that he has reported that ive ever had the pleasure to read. I guess i want to just start tonight, you have written about american overdose. It is just a terrific book, terrific reporting, writing, exceptional read and urgent story. How did you get into it
Income groups. Im not looking to do that. But if i wanted to do it, i believe i could. Im not looking at a tax cut now. We dont need it. We have a Strong Economy. Certainly a payroll tax cut. David sound bite of President Trump telling reporters just yesterday that he was considering indexing Capital Gains taxes but today, touting a Strong Economy, the president says indexing could be seen as somewhat elitist, the word he used, also saying no need now for a payroll tax cut, but is it a mistake to take these tax cuts off the table . David, its always a mistake to take good tax cuts off the table. John kennedy didnt take it off. He had a Strong Economy in the early 60s, but put in a massive tax cut across the board individually. Go back to the 20s, coolidge did the same thing. President s have done it in the past. Inde keep this economy going, great for the market. David not elitist . It benefits everyone and also helps reduce the deficit because Capital Gains revenues always go up when
Social media giant. Mornings with maria begins right now. Maria big show this morning, fox news senior strategic analyst jack keane is with us on taiwan arms sales, texas congressman joining me on iran and china, u. S. Secretary of commerce under george w. Bush, Carlos Gutierrez and former white house director Anthony Scaramucci, joining us, mlb baseball commissioner and author is here talking about new book for the good of the game, lots of stories to tell when he was the commissioner and allstar game on fox, dont miss a moment of it, big 3 hours coming up. Joining the conversation Fox Business Network Dagen Mcdowell, wall street journal economic editor Jon Hilsenrath and Washington Examiner editorinchief hugo gordon. Getting exciting about that. [laughter] dagen im just laughing we will talk about that today, i think, but the fed is in a top spot because Economic Data looked pretty good right now but led the market to expect it to to go ahead and cut Interest Rates, so we have to wat
He was looking at a way to demote jay powell so he wouldnt be chair anymore, not fire him. I think a lot of people think it would be against the law. I asked senator tillis from north carolina, who is on the finance committee. He thought maybe it was possible. President , ithe is his administration. He should look at everything he can do within his legal authority. I havent reviewed the legal analysis, but theyve got a lot of smart people in the white house. It probably is within his authority not to remove him, but potentially consider another chair. David it sums like if you were to do that, the Republican Senate wouldnt stop him. Alix well no, of course not. Someone, who would he pick . Of uld be the perfect the perfect dove . David i think you will come out for blood if he doesnt get his rate cuts. Stay with bloomberg as we bring you live coverage of the latest decision, followed by jay powells news conference, starting at two is like this afternoon. Alix from one politician to ano
Right now at 11 00, what will happen next . Tonight former President Trump remains defiant. It was a historic day in washington, d. C. As mr. Trump was arraigned for the third time. And this time accused in a conspiracy to overturn the 2020 president ial election. Nbcs thom jensen has the details and the possible impact on the 2024 president ial election. Reporter a handful of ralliers in support of the indictment demonstrated in petaluma this evening. Im troubled that donald trump is the candidate for that party, and there is only a handful of those people that are standing up to him. Reporter they say evidence of the former president s guilt is laid thought the indictment for felony counts saying he conspired to defraud the government and sought to overturn an election. In the courtroom, special counsel jack smith sat in the front row. The man who led the investigation and accused the former president of spreading lies about a stolen election. But the former president stood defiant f