Transcripts For FOXNEWS Cavuto Live 20240922 : vimarsana.com

Race which is heating up as a big Rate Cut is set to bring Borrowing Costs down. With high prices and the economy still at the top of americas minds, which candidates plan will get voters or fired up at the polls in after a second attempt on President Trumps life, the bipartisan Push Congress is making to keep making president ial candidates safe. The Task Force Member,. Pat fallon, and Democrat House Intel Community Member Ami Bera are here. I am David Asman in for Neil Cavuto, this is cavuto live. Kamala harris and Donald Trump are talking up the top issue which, of course, is the economy. Alexandria hoff is in wilmington, north carolina, where trump is set the speak later today. Hey, alexandria. Reporter hey, david, good to be with you. Yeah, Cost Of Living, Housing Prices are at the the fore if front of the former president s remarks here today. But with this Rate Cut, you know, just recently happening its kind of resumed some of the criticism that the former president has had of Chair Jerome Powell whos said that these cuts were warranted was the economy is in good shape showing steady growth with. The former president criticizing the timing of this. He feels like it was political. During his last rally in New York wednesday, trump said if elected, cutting Interest Rates is a priority for him too. That shouldnt be happening in our country. We will cut Interest Rates, Cut Insurance costs and the insurance is horrible and massively, we will cut your taxes. I gave you the largest Tax Cut in the history of our country. [cheers and applause] reporter so we expect to hear more on the economy today. During this rally in wilmington, north carolina. And when in New York, trump also accused the Central Bank of playing politics, noting that he thinks it is a sign of the economy being in bad shape. One thing though that the federal Reserve Chair and if trump may agree on at the moment is that the southern border is impacting the labor market. Powell said that the crowds coming across the border during the Bidenharris Administration undoubtedly affects and will affect the Unemployment Rate. If youre having millions of people come into the Labor Force and youre creating 100,000 jobs, youre going to see unemployment go up. So it really depends on whats the trend underlying the volatility of people coming into the country. We understand theres been quite an influx across the borders, and that has actually been one of the things thats allowed the Unemployment Rate to rise. If. Reporter and so doors are going to open here in about an hour. Were going to the talk to people about how the Cost Of Living has impacted their life was north carolinas one of those places thats seen a large Population Increase. Trump won the state in 2016 and to 20 the 2020, but it was with smaller margins. The Population Increase has made the state more competitive, david. David beautiful wilmington, north carolina. I love that city. Alexandria, appreciate that. Kamala harris Hitting Georgia and wisconsin on friday as a new Fox News Poll shows she does have a slight edge nationally over trump, but it is within the margin of error. Madeleine rivera has more on that. Reporter hi, good morning, david. Vice president Kamala Harris has no public events scheduled for today. Overnight, she returned from wisconsin. Her rally in the democratic stronghold of madison is a departure from her teams recent strategy of heading to red counties and battleground statements to try and eat into former President Trumps margins. But Dade County is the fastest growing county in the state making it a critical campaign stop. A Quinnipiac Poll shows harris is leading in wisconsin by one percentage point, far from comforting for the Vice President. Lets not pay too much attention to the polls because, lets be clear, we are the underdog in this race. And we have some Hard Work ahead of us. But heres the thing, we like Hard Work. [cheers and applause] reporter earlier on Friday Harris was in georgia where she focused on abortion, an issue shes banking on to motivate voters. She spoke with family of a woman who died from Abortion Pills she got out of state state. Doctors delayed treatment because of the states laws. A prolife advocate is pushing back saying in this article the law explicitly allows physicians to intervene in cases of medical emergencies or to if the Fee Fetus has no fetus has no detect the, heartbeat. Regardless, listen. We Cant Run and hide from the fact that Donald Trump and his Supreme Court nominees stripped away the rights of women in this country, and the Vice President is going the talk about it. Reporter heads to new York Tomorrow where she is expected to deliver remark at a political event. David thank you so much for that. Well, the Federal Reserve cutting Interest Rates by half a point this week as it sees Signs Inflation is easing, at least in its own eyes. This comes as a Fox News Poll shows 6 in 10 voters see Grocery Prices and housing costs as, quote, a major problem for their families. What does all this mean for the race . Lets ask real clear Politics Reporter Phil Wegmann. Thank you for being here, appreciate it. Wall streets all excited over these the Rate Cuts, but the american family aint so excited about The Way things are going with prices. In a Fox News Poll, the the question was asked, the administrations policies and and your family, trump gets much high higher marks on that than bidenharris does. 47 say they belief, in fact, things kind of helped them during the Trump Administration where only 25 saw that under bidenharris. And hurts is just the opposite. Bidenharris gets 49 of americans think it hurt their families, just 30 think it hurt during the trump era. What do you make of that . The does Trump Win out on this issue . Well, i think what the, what all of those numbers underscore is that economists, when they look at their spread sheets, they are seeing something than families around the dinner table. So when you talk about the recent fed cut, you know, i think that because its going to take some time for that to influence Mortgage Rates and car loans, its going to give both republicans and democrats an opportunity to make their argument. And here its going to be one of those situations where sort of reality is perception. With President Biden hes arguing that this cut shows that the battle with inflation is almost over, that the soft landing is in sight. But or you know, as we heard just a second ago, President Trump is arguing that an aggressive Rate Cut like this shows that the economys in trouble. What weve seen in some of the polling, particularly the associated Press Poll that came out this week as well as the morning consult poll, is that harris is sort of eating into the trumping advantage on the economy. So as we go into november, the economy is the issue to watch. This is the metric thats going to matter. David well, and its become a part of Kamala Harris campaign to emphasize her middle class origins. I just want to for those who havent is heard it A Million times, i just want to play it one more time. Roll it. I will always put the middle class and Working Families first. I come from the middle class, and i have never forgottennen where i come from. And i never will. [cheers and applause] David And Youll hear that at least twice if not lee or four times during three or four times during every Kamala Harris speech, and it seems to be working. The Fox News Polls show that they were asked who do you trust to do a better job on the middle, helping the middle class. Harris is, has a 53 , trump just has a 44 on that even though trump can point to figures showing middle class might have actually done better during his administration if than they did in the current one. And the animating impulse of the Trump Campaign all along has been nostalgia for better Mortgage Rates, Lower Gas Pries and full employment. What harris has done even though shes the incumbent in this race is by pointing to her biography, she has sort of sidestepped some of the Policy Decisions that President Biden has made. She is sort of she has sort of jettisoned that record. And i think that could change potentially now with fed Rate Cut. Certainly, this could be the light at the end of the tunnel that she points to. But again, these are some worrying signs for trump because he is arguing that things were better under him four years ago and thus far, like we saw at the last debate, this Isnt Something that Vice President harris has given a direct answer to. Instead shes talked about feelings, not necessarily some of the hard policy facts. David and yet, at the same time shes Making Headway on the middle class claim, shears losing the teamsters shes losing the teamsters and even the the uaw says, in fact, while the leadership there is endorsing harris, the members are probably going to be voting for trump. If Neil Cavuto had the head of the teamsters on earlier, sean obrien. Heres what he had to say. Roll tape. Did a lot of polling, as you know, and the polling leaned heavily towards former President Trump. Neil very heavily. Very heavily or or sean, and im justin wondering, do you look dis just wondering, do you look disconnected from your members . No, were definitely not because, look, we did extensive polling. That was important p. Our goal as union leaders, as the leaders of the teamsters so to provide the ability for people to have a voice and to provide credible information. No endorsement, i think, sends a message to both parties that if they truly want the support working people, they have to reevaluate it and understand that nothing is given. It is the earned. David phil, while Kamala Harris may have the teachers union, blue Collar Union workers, particularly men, seem to be voting pretty solidly for trump. And this is a dream come true for republicans. They would have loved an enforcement from the teamsters, certainly, but theyre going to settle for a nonendorsement. Essentially what this is is a Flashing Red Light for democrats that they could have trouble in system of those blue wall states. I think it is kind of interesting that the teamsters declined to endorse because, you know, harris didnt have a clear majority and Donald Trump didnt have universal support. I think that was the phrase in the david universal support. When do you ever have universal support in a poll . [laughter] forget it. Its clear that trump was the winner there. Certainly. And so i think, you know, this is what the republicans are going to continue hammering on. They will take this as good news for them, and, you know, what were hearing, you know, some local unions raising the alarm to the Harris Campaign saying that there is trouble on the ground. David Phil Wegmann from real clear politic, youve got to read real clear politics. Its the only way youre going to get answers. Phil, thank you very much for being here. Thank you, sir. David what will that big fed Rate Cut mean for you and your wallet . And later, the new details were learning about the first attempt on former President Trumps life. Task Force Member Pat Fallon is coming up. Citis industry leading global payments solutions help their clients move money around the world seamlessly in over 180 countries. And help a partner like the World Food Programme as they provide more than food to people in need. Together, citi and the World Food Programme empower families across the globe. 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The worst call in the history of this sport. He should never be allowed to ref. I tell ya. How much i love you, love you, love you i believe. I believe. I believe in you. David stocks rallying this week after the Federal Reserve slashed Interest Rates by half a point. This was the first cut in four years, so what will it mean for you and your money . The lets ask Geltrude And Company founder dan geltrude. Dan, great to see you. Thanks for coming in. So how and when are americans actually going to feel the effects of this Rate Cut . Well, lets be clear about something here. What people are feeling the pain of is from inflation. A Rate Cut is not the Magic Pill thats going to deliver that. Over the last threeplus years, inflation is up 20, over 202 . 20 . So now its getting close to that 22 target, right, david 2 target. What this cut is meant to do is to stimulate the economy. Why . Because the economy is slowing based upon job numbers, unemployment numbers. So whats happening here is make borrowing cheaper so that businesses can start to get things moving, hopefully creating jobs. But listen, the fed has been behind the curve this entire time, david, and thousand theyre trying to Catch Up now theyre trying to Catch Up. Probably still going to be behind the curve for a while. Dade david but this is, just for folks to know, this is a huge Rate Cut by Federal Reserve standards. I mean, usually its done in the middle of a crisis like in the 2009 financial crisis or during the pandemic. I mean, what does, what does powell see unless hes doing the politically, for political reasons to help the Harris Campaign what does he see that concerns him so much in. Well, p