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FOXNEWS Special Report With Bret Baier July 7, 2024

series of steps to punish the u.s. for allowing house speaker nancy polosi to visit taiwan. which bay engine beijing sees a as a rogue nation. it is early morning in taiwan flight. as the region and the u.s. geared for more trouble with china. china firing with both barrels. as it continues its military exercises around taiwan. island air force jets scrambling as chinese war planes and warships crossed a median line separating china and taiwan. a key buffer zone. china says its forces is rehearsing blockade of taiwan. china has chosen to over react and use speaker pelosi s visit as a pretext to increase military activity around the taiwan strait. beijing went further. president xi regime says it they will cut contact with the u.s. on a range of issues. plus talks on everything from climate change to immigration to cross-border crime. s the chinese military muscles in on taiwan, it is warning the u.s. to stay away. we wish to issue a warning. united states do not ....

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FOXNEWS Special Report With Bret Baier June 4, 2024 22:05:00

According to the labor secretary. it s a global recession. this is what s happening here in the united states. reporter: white house officials said the economy was slowing. it has obama white house advisor saying uncomfortably hot jobs report. even though we saw in the jobs numbers how many people are making has gone up, it s half what they are losing in inflation. reporter: white house officials expect more interest rate hikes to help curb prices. we have to be concerned about what the federal reserve will do. reporter: concerning, white house, a bipartisan bill that will recognize taiwan is a major non-nato ally. a bill the white house hopes to kill. we re trying to give them more weapons to deter china every time they are faced with a bully, aggression from a bully, they get weak kneed. ....

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FOXNEWS Special Report With Bret Baier June 4, 2024 22:10:00

Talking about a likelihood more interest rate hikes. your thoughts? first, thank you so much for having me on the program. this job market report suggested the economy is still strong. at least in the labor market. we are seeing signs of slow down in spending as people respond to rising interest rates. as i think what s up next for interest rates i still think that we need to move them up. we don t need all the support we ve been giving the economy. we don t need to be too aggressive. interest rates rise. takes a while for them to move through the economy. good news is, people can get jobs. bad news, that inflation remains too high. our number one priority is to get that down. what about raises in whole. why do you think that s the proper way to go? when you looking at inflation ....

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FOXNEWS Special Report With Bret Baier June 4, 2024 22:59:00

do you like america? do you want us to succeed. do you want to fight inflation? democrats called that the inflation reduction act. senator schumer needs every democratic vote. where do things stand? all of us was shocked by senator manchin s reversal of position falling it inflation reduction is laughable. this is a movement. we want all republicans in this movement. i never meant to break she going in the room. immediately people will be happier. prayers for her family. quite the week it was. monday, the latest on senate democrats full-court press to pass that massive spending legislation. we ll have and others on the ....

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FOXNEWS Special Report With Bret Baier June 4, 2024 22:04:00

thank you, greg. appreciate that. employers adding 528,000 jobs in july. employment rate edging down to 3.5% there s growing consensus that the economy is losing momentum. as inflation wipe out those wage gains and so many americans have been looking for. good evening. the president is making two different arguments first he s saying the economy is doing a lot better than he took office. second, he s saying the economy is endangered by record high inflation. congress has to pass something the democrats called the inflation reduction act. that s the fastest job growth in history. 528,000 last month. we are not in a recession. we are in a transition. reporter: not exactly. ....

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