Ryan Reynolds here for Mint Mobile. With the price of just about everything going up during inflation, we thought we'd bring our prices down. So to help us, we brought in a reverse auctioneer, which is apparently a thing. Mint Mobile unlimited, premium wireless! Have it to get 30, 30, 30, but to get 20, 20, 20, but to get 20, 20, but to get 15, 15, 15, just 15 bucks a month? So! Give it a try at mintmobile.com/switch. $45 up for three months plus tax reviews, promoting for new customers for limited time. Unlimited more than 40 gigabytes per month slows, full turns at mintmobile.com. Hello, folks. Welcome to Cudlow. I'm Larry Cudlow. Donald Trump went into the line's den, in front of the Black Journalists Convention, and came out a big winner, and that's the subject of the riff. Donald Trump went into the line's den today with a sit-down in front of the National Association of Black Journalists in Chicago. Kamala Harris was also invited, but she was a no-show. No doubt about it, however. Mr. Trump has gotten his swag back. One of the questioners was ABC reporter Rachel Scott, who opened the Q&A by attacking Trump, and he just fought back, telling her how rude she was. After all, he showed up on time. They started 35 minutes late because their audio equipment failed. And after that, he thought Kamala would be there, and she wasn't, and he then called the event false advertising. Take a listen to this whole thing. I love the black population of this country. I've done so much for the black population of this country, including employment, including opportunity zones. I was invited here, and I was told my opponent, whether it was Biden or Kamala, I was told my opponent was going to be here. It turned out my opponent isn't here. You invited me under false pretense. You just start off a question and answer period, especially when you're 35 minutes late because you couldn't get your equipment to work in such a hostile manner. I think it's a disgrace. So as I said, Mr. Trump has got a swag back. Thanks Heaven. Thanks Heavens. Thanks Heavens. Fox's Harris Faulkner was there to put some sanity into the questions. But the key point is Mr. Trump's superb messaging throughout. Time and again, really no matter what the question, he came back to two key points. The Biden-Harris open border and the Biden-Harris inflation. In particular, he referenced that black workers and also Hispanic and union workers were the most hurt by the flood of illegal immigrants overseen by borders are Kamala Harris. And time and time again, he referenced the damages of inflation, which I call Kamala In August of 2022, all that triggered the 9% inflation rate. Trump talked about the ravages of inflation and illegal immigration taking away minority and union jobs and reducing real wages. He was asked what his first policy actions would be if elected and he replied that he would close the border and restore drill baby drill. Take a listen to this. What do you do on day one if you win? What's your first thing? I do two things because I can do a lot of things simultaneously. I close the border with that and I drill baby drill. I bring energy way down. I bring interest rates down. I bring inflation way down so people can buy bacon again. So people can buy a ham sandwich again. Yeah, I love that ham sandwich again, you just got that right. So in the face of the tactile questions by two of the three panelists, not Harris Faulkner, Mr. Trump kept his cool, frequently answered with humor and stayed on message. The border and inflation over and over a very effective presentation. Now I'm going to bet this command performance is going to stop any of the so-called Kamala momentum because it's the most public Mr. Trump has been so far as rebutting Kamala and her pals in the liberal media. Oddly, in Atlanta, Georgia, yesterday I think in a rally, Kamala decided to take on Trump regarding the open border, really. She's saying he stopped to buy partisan bill. But that bill would have permitted at least one and a half million illegals per year on top of the roughly 10 million already let in by borders are Kamala. Meanwhile, and Mr. Trump's last three years as president, illegal immigration was running well under a million a year. Advantage Trump on that one. Also Kamala flip flopped on her fracking ban, but it really doesn't matter because you know what the Biden-Harris war against fossil fuels and all the overregulation to stop leasing and drilling and even LNG exports is tantamount to a fracking ban, including the baloney goal of a carbon-free electric grid and the hugely unpopular mandates jammed down people's throats to buy electric vehicles. So speaking in front of the Black Journalists Convention was a big win for Mr. Trump, Kamala wasn't there, but I bet she was watching, and if she were, she'd sure get a taste of what the upcoming debate is going to look like. Like I said, advantage Trump, and that's the riff. All right, joining us now to talk about all this Florida Congress and Byron Donalds, Byron Donalds, welcome back to the show, as usual. Byron, did you see any part of this discussion? I saw most of it Larry, then I had to go back and get a little clip of what happened at the top. Look, at the end of the day, your riff is exactly right. It's a hostile environment, obviously. A lot of Black Journalists tend to lean Democrat, lean very left. Hostile environment, but Donald Trump was there to answer the questions about the things that do matter to Black America, like matter to all of America. And it is securing our border, it is inflation, it's energy policy, and so much more. It's a major step forward, not only for President Trump, but really for our entire country, because he's not afraid of going into any venue at any time, anywhere. You know, now all the questions, I mean, our Harris Faulkner was there to put some sanity into it, but he was attacked by a couple of the palace. Okay, fine. But I thought he held this cool pretty well, Byron, and he had a sense of humor about it. What do you think? No, he did, and look, I think at the beginning, obviously coming right out, talking about past statements. I just hope that apparently Kamala Harris is doing the same thing by Skype or by Zoom. My hope is that they come out with a tough question about her past statements, all the things that she has stood against, you know, rational things like private healthcare, like wanting to actually ban fracking, things of that nature. Those are her previous statements, hopefully they go at her with those. But at the end of the day, President Trump took the incoming fire from the press. It happens. In this business, you're going to take incoming fire from the press, held firm, but his entire message was about our country, our economy, our borders, and what that means in the lives of all Americans. All right. Let's play some sounds, some more sound from it. Here's Mr. Trump on migrants taking jobs. Hang on a minute. So she was a border that she's done a horrible job. These people are coming into our country and they're taking black jobs and Hispanic jobs, and frankly, they're taking union jobs. I think that's a very fair assessment. I mean, that's what many, many economists are saying about the situation. They're taking jobs and/or, Byron, they're keeping real wages much lower than they ought to be. What you think? Oh, that's absolutely the correct point, because when you bring in so much low-skilled worker who that really hurts are people who are at the bottom end of our economic ladder, that is black workers, Hispanic workers, and white workers, people who are driving trucks, working in hospitality, working in restaurants, they're doing everything they can to make ends meet. And Kamala Harris has allowed tens of millions of people to come in our country illegally. They have gotten documents from our government to be able to go work, and now they're taking those jobs. That is a very credible statement to make. And so at the end of the day, the American people have to decide for themselves. Are you going to fall prey to the emotions that the Democrats are going to try to bring into this election, or are you going to choose President Trump, who's going to put the American people first, who's going to get our border secured, going to get our economy online. And by the way, and I'll also add, get us out of these conflicts across the globe. All of those things matter to the future of our country. All right, I've got one more for you, one more sound on inflation destroying the middle class. Here it comes. The inflation is absolutely destroying our middle class, our working class. And if you just take a look at a lot of things they don't include, like interest rates. Interest rates went from 2.4 percent to 10 percent, and you can't get the money. People can't buy houses. They no longer have the American dream. Young people, young black people, they don't have the American dream anymore. So this is the affordability crisis that you and I have talked a lot about, including losing hope for the American dream, but buying your own home, I thought Trump laid it out very well. What do you think of that one? No, he did a great job laying that out. And it's true, young people in our country are struggling, black, young people, white, young people, Hispanic, young people. They're all struggling with the affordability crisis, but people need to know that the reason we had this massive inflation is because Kamala Harris was the tie-breaking vote as vice president of the United States. She walked into the Senate chamber. She voted for this massive inflation. When Joe Biden and Kamala Harris decided they wanted to spend trillions more dollars in an economy that was ready to come back to life after COVID-19. That started the massive inflation, which has destroyed the purchasing power of so many young people in our country and so many families in our country. Donald Trump is 100 percent correct on that. You know, I just think this is sort of the last thought. To some extent, what Mr. Trump did and said today, again, he is unafraid of any verbal compact. And I thought he held his cool. He had a good sense of humor at different points, and he was on message. This is a precursor to the debate. You know, you've had this little boomblet for Kamala Harris from the liberal media anyway. She hasn't been responded to, and this is the most public response Mr. Trump has made. And I thought he scored heavily, and I think, I don't know what you think about this, but I think I see a debating strategy coming back to the key points on the border, on the economy and inflation. And my wrong about this is just a harbinger of a debate. Now, I think you're right, and there's going to be more put on to put on to the bones of what you're talking about right now, Larry. Listen, I've been watching Kamala Harris give her speeches in the last week or so. She's not talking about policy, Larry. She's not talking about any of the issues the American people are actually facing. She's trying to present herself as if she's the second coming of Barack Obama, that just because she's on the stage, everything's going to be all right. But we went through the Obama presidency. Things were not all right. Donald Trump fixed our country, got it back on track. Now we're in the Biden-Harris administration, and the country has been broken again. So this is, I think, the way this campaign is going to be laid out going forward, America, you have a choice between Kamala Harris, who has never voted for one thing or supported one idea that is going to fix this country for the American people versus Donald Trump, where the entire agenda is about putting the American people first. The choice is clear. Donald Trump needs to be the next president of the United States. All right. We'll leave it there, Byron Donald. Thank you for that rundown. As always, sir, we totally appreciate it. All right, folks, coming up, we're going to talk to Steve Forbes and Judy Sheldon. Today was Fed Day. I don't know. I guess they're going to cut their interest rate in September or some such thing. Only a quarter of a point. I'm not really that excited about it, but we'll have Judy Sheldon and we'll have Steve Forbes. And remember, folks, you can catch Cudlow Monday through Friday, 4 p.m. every day right here on fabulous Fox Business. And for some chance you can't catch it at four, please, text your favorite nine-year-old and she will show you how to DVR the show, and you will never miss a presidential debate or discussion. I'm Cudlow. We'll be right back. So, as you can see, we've got a wonderful view of the three different spring ponds. This is the hottest. This is typically 106. So the water is actually flowing down here. All of the green that you see on the rocks, that's really a result of all of the minerals that are in the water. So this one is the warmer. Most of the time people stay in that one, probably about 15 minutes. Then this one is a little bit less in temperature, 102, 98 to 102. Okay, but the minerals, what do they do for you? Well, lithium is a good example. Lithium, lithium is pretty well known for people that maybe have anxiety to get them in a relaxed state, and we have guests that will tell us that it's been very, very beneficial for them. Really? Yes, and people with arthritis when they soak in the springs, you will also notice there is no sulfur smell to this water. It's very unique, very special. How beautiful is this? And then you get to all the benefits. Absolutely. People come up here and really enjoy it, because from here, you can also see it. You can see the stars. The stars. And you know, there's not a cloud in the sky, it's like God's country, it's just blue skies. It is. Yeah, it's very, very special. So that's our water. And then the tubs that we mentioned in the other accommodations, that is transferred down to the lower area by the resort with a pipeline that is underground so that it doesn't get contaminated. Fantastic. Oh my gosh. This is unbelievable. And the cactus, I mean, on top of it, it is just nature at its best, and who first found this? Well, the indigenous tribes. Right. You used to come here and soak. And then the Calvary, probably in the mid-1850s area, and then it was 1896 that it was transformed into a private spa area for guests to come and enjoy it. It's Eddie Roosevelt, who was in the Calvary, I mean, was neat. Well, there's rumor that the Roosevelt's, the Rockefellers, all of the wealthy people from the East Coast, they used to travel by train, get off in Wickenburg. And then from Wickenburg to here, it was a seven to eight hour stagecoach ride. That far back, they knew where to go. I mean, it's not like they'd go online and say, gee, where can I go to take care of myself this week? Yeah, this is amazing. That's very true. I think word of mouth worked pretty effectively back then. I can't wait. I'm getting in this. You have to. You have to. And I will. So there. The other one that we drove by, that's where we do paddleboard yoga. People love it. That one is 86 to 90 degree temperature. And there's also an area that's shaded so that we do watsu massages. Watsu is, you're in the water, you're totally relaxed, and somebody is massaging your body. It's very popular these days. Is there a table in the water or you just float? No, you're floating. You have floaties on your ankles and your arm. I don't usually float in the water. And the therapist is very good about making sure that the guest is very relaxed with that. After that, after you're all relaxed, what might you do after that? Well, we do have a number of outdoor activities and I think that maybe archery would be right down your alley. Yeah. I'd love to do archery. I'm going to change and we can go shoot some bows and arrows. Let's do it. You don't shoot the bow, you shoot the arrow. Fox here is all over the world, including Peru on telephonica. Keep it here. Nobody. The consumer is strong. The balance sheets are strong. Breeze you, America's business news has so much going on. And what it means for you. We want to get some breaking news to you right now, Fox Business Alert. Like Fox Business, keeping you ahead of the curve. All the insider selling by some of the richest people on earth. With insight into the impact of US and global markets. That's where the recipe for inflation comes from. The people you can trust. That's absent from the Fox Business, America's business network. All right, stock markets up today, especially the Nasdaq after J. Powell day. So our own Jerry Willis, standing by with more Jerry. What's cooking? Well, we saw some big stock gains after the Fed kept rates unchanged for the 8th straight meeting. Paul basically said we're going to have a September rate cutter, at least handed that. Take a look at what happened to these stocks. The Dow up 99 points after soaring as much as 450, the S&P up 85, the Nasdaq up 450. As you can see, that's a 2.6 percent gain for the tech heavy index. Paul saying that inflation is ease, but remains somewhat elevated. He also noted a cooling in the labor market. Now the reaction to the Nasdaq, as I said, parrot its losses for the month is the chip stocks rallied also in tech meta. That's the owner of Facebook. That stock was soaring coming ahead of earnings, which beat both top and bottom line expectations. Now stocks up about 7 percent for what I've seen. That is not Facebook. Sorry. Amazon up sharply ahead of earnings tomorrow, as is Apple. Meanwhile, reinforcing Powell's view on the jobs market, private sector job gains slowed for the fourth straight month in July, as labor costs rose less than expected. Finally, in the markets, here's something important. Treasure yields falling on all the news, the 10-year yield now at 4.08 percent, the five-year falling below 4 percent for the first time in months. Back to you, Larry. All right. Got it. Jerry Willis. Thanks very much. Joining us now, Steve Forbes, Forbes Media Chairman, Editor-in-Chief, and Judy Shelton, Senior Fellow at the Independent Institute and Author of Good as Gold. I don't want to unleash the power of sound money. You know, Judy Shelton, if you want to stimulate a better economy, why not cut tax rates and deregulate business? I mean, I know this fed stuff, blah, blah, blah, blah, blah, blah, blah, blah, blah, a quarter of a point, and really, it's not going to do anything, has no meaning whatsoever, and it isn't even a good policy approach. I mean, I would just say, how about supply-side revolution, how about lower tax rates, deregulate business? Now, that would take the economy to 4 percent plus. Those would be real improvements. You're with me on that. And now we're talking about productive economic growth. Now we're talking. Period. Now we're getting heated up here. I mean, all this other stuff, just gibberish. It's all it is, gibberish. I'm sorry. Please continue. It's a shame that we end up being so fixated on what a committee of 12 voting members that means eight times a year is deemed to be in charge of the economy. The economy is a productive output of creative individuals who respond very well to lower taxes, less regulation, smart energy policy, savvy trade policy. All we're missing is stable money, and when the Fed ratchets up and down, it produces just the opposite. And leaves everybody uncertain, wondering what every nuanced statement could possibly mean. I mean, C4, I don't care. They want to drop the Fed funds rate, a quarter point, a half point. I don't care. It's not worth fighting over. But I mean, I'd like to see relatively stable interest rates. And I'd like to see improvement in fiscal policy, which is what's been lacking these many years. I say this, not only not the Fed, although I want to knock the Fed, because if they do not control the economy, as Judy Shelton just said, but really, what is it that produces growth? It isn't quarter points on the Fed funds rate. No, it isn't. And the Fed funds rate doesn't matter anymore. The big thing is what the Fed is paying on. Bank reserves, which is billions and tens of billions of dollars a year, now standing at 5.4 percent should probably be half that if you had a real market. And so in interest rates, it's like rent control. Who gave the Fed authority to have rent control over what people pay to rent money? Just not right. And so the Fed shouldn't even be in the business of trying to regulate the activity of the economy. Oh, it may stimulate it too much. I'm going to say a bad word, but I won't, is a family show. But the fact of the matter is the Fed should leave the economy alone. If it wants full employment, it's role to be, have a stable dollar and let the government cut taxes, deregulate, and by golly the American economy would prosper. And the world would imitate us of global prosperity. That's exactly right, by the way. That's a really important point. That's what happened when in the Reagan years, Reagan/tax rates in the next decade so to everybody else. It's fascinating. But by the way, if you had 4% growth, the Federal Reserve would probably tighten interest rates and stop making this system, it's going to come around full circle. I mean, that's how much they don't understand a modern economy or any economy. They just don't. It's all this little minuscule interest rate stuff. They'd probably try to stop 4%. Well, I ask a very simple question. If people started to get raises, are they going to start sweating at night because they're overheating? Yeah, the Fed was tightened. The Fed was tightened, right. We don't want real wages to go off. It's not the idea. The economy is overheating. If people sweat when they get more prosperous, I don't think so. Actually, these Fed people are now saying that 10 or 11 million illegal immigrants is a good thing. It was a good thing because it brought down wages for everybody, okay, and that held down inflation but makes the Fed's job easier. I mean, that's how perverted this story has become. The perverse incentives are all over the place coming from monetary policy. And I thought Steve made an excellent point because you have the Fed raising interest rates by paying banks not to make loans. Yes. This is like paying people not to work, the fiscal equivalent. This is like paying farmers not to grow crops. It is a perverse incentive and if we would only quit waiting to hear what the next Fed's speech maker is going to say, and instead, imagine if we let market forces of demand and supply determine the cost of capital. Market forces? Right. How about that? I don't know. I just had to think that through. I had to process that for one minute. You slipped it in very quickly. You thought central planning was better, I just wanted to make sure. I got Kamala Harris on fracking. I want to talk about this and then I want to talk about corporate taxes and uncertainty. Here's a sound on Kamala Harris. I beg your pardon. I want to get that right. Kamala Harris on the fracking ban. Here it is. September 4th, 2019. There is no question I'm in favor of banning fracking and starting with what we can do on day one around public lands. Right. So now Steve Forbes, she says, her spokesperson said that she no longer believes that. Okay, fine. The point is, the Biden-Harris policy towards energy was basically a ban on fracking. They did everything they could. They're over regulating it. They're stopping drilling, they're stopping leasing, they're stopping LNG. They want you to buy electric vehicles that no one particularly wants. Now, my question here is, if you're a businessman, you are a businessman, and you heard this stuff, businesswoman, whoops, and you heard this stuff and you heard higher corporate taxes could be on the way. Kamala is in favor of higher corporate taxes. I got to get her name right. What would you do? Okay. What would you do? Is there an uncertainty tax here? You bet there is. You have to, when you make an investment, it's not just for four months, five months or whatever. It is for four years, five years, 10 years, 20 years, commercial building, 39 years depreciation. So of course you're going to pay attention to tax rates, and if it's uncertain, it's not just tax rates, it's also the whole slew of regulations, avalanche of regulations that are coming along that raise the cost of doing business. So take what they want to do on rent control. They want national rent control now on apartments. If you're an apartment owner, are you going to invest? If you think the politicians are going to take away your money or make it unprofitable to do so, so it hurts the economy. That's why I can't get over it. These people will portray themselves as tribunes of the people, end up hurting those with the least, hurting everyone. Indeed. Jitter Sheldon, I don't know, the question here, we just have to sweat it out until the election. I mean, I think the election, here's my left point, is the election more important than the quarter point Fed funds rate? That's really the question. Infinitely more important. Yeah, that's right. That's the direction of the future of the country. Are we going to be a country that rewards productive activity, that encourages individual creativity, that supports small business by giving them a stable, certain outlook where they can trust that where the money is dependable? And when the regulatory burden, it has them in mind and they don't have senseless regulations being forced on them. That's what we want to, that's what we want to encourage and support and otherwise we're talking about redistribution and a government knows best mentality. You know it's cool, Kamala supported the Bernie Sanders Medicare for all, single-payer, nationalized health care. There's a price tag there of 32 trillion, okay? Yeah, but that's nothing. That's piker stuff. Janet Yellen came out the other day and basically said, 3 trillion a year, 78 trillion dollar dollars to stop carbon by 2050. So 32 trillions are probably a bargain for nationalizing health care. We got 78 trillion. This is Janet Yellen, a former Fed chairperson who's supposed to be, you know, no one's like, I got to get out. But I just wanted to put that in. Well, no one is accusing Kamala of being Margaret Thatcher because she would have said, sure, you can be generous, any other people. There's a hundred trillion dollars right there, near and I'm my arithmetic, 32 plus 78, and then it's not just 110 trillion. It's a depressed economy. You know activity, high unemployment. Well, you're too tough on them sleep for you. Oh, way too tough on them for heaven's sakes, sleep forms and Judy Sheldon. We didn't really do much Fed watching. Coming up folks next, Israel to terrorists. I have your phone number and your whole address. So beware, we'll talk to IDF special ops veteran Aaron Cohen next up on cupboard. It really gets an interest rate watching. Morning's with Marie on Fox Business. Every morning I want to empower my viewers to move their families forward and seize the day. All the news that drives the markets and beyond. Morning's with Marie on Fox Business invested in you. I have been the Rockies, the snowy scenes of winter make for a beautiful sight, but at the Bridgestone Winter Driving School, it's also the chance for some action with limited traction. We're one of very, very few purpose built winter driving schools in the whole world. Using a combination of classroom training and time behind the wheel, instructors train students on how to safely navigate the roads when temperatures plunge. I'm putting you on a surface that you most people automatically don't want to be driving on. And then I'm taking away a whole bunch of the safety net that we normally have in our regular cars. Okay, ABS is now off. This introductory course started out with disabling the anti-lock brake system. To pump the brakes the old-fashioned way in order to stop on this icy track, it really is much more challenging without the ABS. Next, we experimented with understeer and oversteer, going around in circles and getting a little sideways. Winter Driving is all about physics, talk to me a little bit about that. Basically by just harnessing the simple understanding of how physics is why cars do what they do when they're doing them, and turning that into this car is going to do what I want it to do now, and getting yourself to a place of confidence on a surface that offers you no grip. Though winter driving does take more than being able to manage a vehicle's mass as it moves along a slippery surface, drivers also need to have the right tires, be sure they have enough wiper fluid in their cars free of snow, and be fully alert when behind the wheel. If you can give one big tip for how folks can be a better winter driver, what would that tip be? Kind of like walking into a bar, no when to say when. It's like if the situation is more challenging than you think you're capable of dealing with, it is. So should this LA driver stay home during the next snowstorm? What I do during that course. Maybe for now, we'll just let that answer slide. Wise rainbows are iconic. So iconic in fact that they even appear on the state's license plate, and now one atmospheric scientist here on Oahu has helped create an app that will give you a good indication of where one of these rainbows might appear. It all started with an incredible sight from high up in the sky. It makes for just an unbelievable spectacle to see the full double rainbow. It's from the air in a helicopter. It's quite spectacular. Stephen Boosinger is a professor and chair of the Atmospheric Sciences department at the University of Hawaii in Manoa, and after going rainbow chasing with a colleague in a helicopter, he was inspired to create an app for everyone looking to seek out more rainbows. The pilot was looking at his radar in order to see where to fly to. And that was just quite a fun spark because then we could envision putting an app together. So the two created the rainbow chase app that allows you to orient the viewer to the right place and looking in the right direction and letting them know whether or not a rainbow is even possible. It's all based on the science behind how rainbows are formed. Rainbows are formed when you have sunlight in one part of the sky coming down into a shower in another part of the sky. The light is refracted when it hits the water and creates a rainbow. It's a phenomenon best seen when the sun is lower in the sky either earlier in the morning or later in the afternoon. Rainbow is absolutely a rainbow capital of the world, Hawaii in general is. The mountain is terrain increases rainfall and there are often clear skies here following rainstorms, perfect territory for people to open up the app and look for a rainbow themselves. My hope is that it brings a bit of sunshine into their lives in a special way that lifts their spirits. On a Wahoo, Max Gordon, Fox weather making money with Charles Payne on Fox business. I try to bring these numbers to life by removing the intimidation factor. After all, the goal for all of us is making money making money with Charles Payne on Fox business invested in you. All right, for the latest in these Israel terror wars, we go to Fox News, Trey Yangst. He's live from Tel Aviv, Trey. How do you read it right now? Yeah, hey, Larry, a lot of news overnight. Two senior leaders within these organizations killed in strikes in Lebanon and Iran. Right now we're looking at an unprecedented moment because Ismael Hania, the leader of Hamas was killed in a strike inside Iran in the Iranian capital of Tehran. He was at a guest house. He had just attended the inauguration for the country's new president. He met with the Supreme Leader, the Ayatollah Khamenei, and hours later, he was dead. So the Supreme Leader today released a statement saying following this bitter tragic event, which has taken place within the borders of the Islamic Republic. It's our duty to take revenge. Right now the region is waiting to see what that revenge could look like because just hours before that strike in Beirut, the Israelis for the first time since this war erupted in October, targeted a senior Hezbollah commander. Now, Israel says this was in direct response to a rocket strike that killed 12 young Druze children in Mushdal Shams, a village in the northern part of the Golan Heights on Saturday. But regardless, it changed the equation and it showed that Israel is willing to strike inside the Hezbollah stronghold of southern Beirut. I spoke with an Israeli official tonight who said air defense systems across this country are on high alert. They are preparing for the possibility any day of Iranian retaliation and it's part of the reason you have seen ongoing communication between the Israelis and the Americans understanding that we are one miscalculation away from this all unraveling into a much broader regional war. Larry. All right, Trey, thanks. Thank you very much for that update. As always, be safe. Joining me now is Aaron Cohn, Israeli special ops veteran. Aaron Cohn, I just got to tell you how impressed I am. I mean, Israel took out one commander in Beirut and the other commander right in Tehran. I mean, it's like Trump used to say with respect, I believe it was the Taliban balls in Afghanistan, but it could have been others. He'd say, "I got your telephone number and I know your home address." In other words, these terrorist commanders are not safe and Israeli intelligence forces are brilliant, Aaron Cohn. Absolutely brilliant. Efos shea ta lo mista ke la nachonim ta'im translation wherever you're not looking, Larry, we're standing. Yes. Very significant targeted assassination. We had two triples or two homers in 24 hours. Just so you know, if a lot of sugar was the partner of Imad Magnea, who was the mastermind architect behind the bombing in 83, which killed over 100 Marines, 240 Marines, 200 Americans, 200 Marines, I was in the Reagan White House when it happened. That's right. In that assassination that we carried out, I think signals very clearly, regardless of whether Kamala or Kamala, like you and I would say, wants to admit it or not, signals very clearly to the United States that Israel's got the U.S. security interests, always has and always will. We've always been your forward operating base in the Middle East and we'll continue to take down targets. And then Imad Magnea, that architect, I don't know if you remember Larry, but in 2008, his car started making some funny noises in Syria and then all of a sudden we made him disappear just like we did his partner, Fuad, just yesterday, to Ahmed, or to our friend Ismail Khaniya. We've been talking about him for, what was it, 10 months now, Larry? It was time. Israel carried out his operational objectives. They had three primary objectives since October 7th. One was the dismantling of the manpower of Hamas, which we, regardless of whether or not the guys in the Ministry of Health, which is Hamas, wants to admit it, we killed thousands, I would say 10, 20,000 more terrorists in the last nine months, that was number one, number two. We've systematically dismantled those tunnels, that was the second big piece in three. We promised we would go after the leadership of Hamas, which we have systematically. We made a count in Iran, which you just said at the intro, which is, these leaders aren't safe. And that puts Iran in a very shaky state right now. Fact is, that wasn't an airstrike, Larry. That was an up close personal hit. I would say it involved a Mossad team if I had to speculate along with elements of Israel's special operations, commando forces, they didn't have a lot of time to put this together, Larry. Remember how long it took to get bin Laden? We've only been at this for nine months, but Israel's very good at this, and you're going to see more of it, like I've been saying, so stand by, there's more to come. I'm ready to get into that secret service when you're ready to tear that up. Well, I just want to say, this is important because this is like when Trump took out Soleimani, for example, the idea here, this was the U.S. intelligence, but it's Israeli intelligence now, the idea was, in all seriousness, we know your phone number, and we know the address of your home. You are not safe on this planet if you pull stuck. Now, where I want to go with you on this is Iran predictably is coming out and saying, blah, blah, blah, we are going to take revenge. And predictably, all the handringers in Washington, D.C., are saying, oh my gosh, oh my gosh, this could escalate. I just think it's possible that the Iranians respect strength and toughness as in what just happened to their leaders or their allied leaders, and they may not be so quick on the trigger. They may hold back a little bit, because the mullahs could be next for all we know. What do you think about that? Again, you just said it. The only language in Middle East understands Larry, and it's taken a minute for Israel to really step it up here, because I think they want to be careful and really get that actionable intelligence, which we know we need to carry out the selective strikes both in Beirut. And now when I ran, very, very selective, but the strength is the keyword that you just said. And now Israel is speaking the strength, and I do think that it'll pull Iran back. I don't think Iran wants to get into a full-blown anything with Israel. If they did, they would have come back after Israel counter-struck Iran following that monster missile attack a couple of months ago. But I think that we're starting to edge if I had to get closer to a deal, and the reason why is because are you guys sure that you want to go farther with this? And that's what the Arabs, that's what the Middle East, that's what the radical Islamists understand, and so I think we're inching closer to a deal if I had to get based on this. I think you're right, and I think one reason for that is that Iranian Moa leaders, whoever they are and all these others, they don't know if they'll wake up tomorrow morning. They don't know about it. The only thing scarier, Larry, than getting killed at the hands of Israel is the fear of getting killed by Israel. That's right. Thank you. God, Aaron Cohen, you're the best of the best. We'll talk Secret Service another time. You are so good. It's so good to see you, my friend. All right, folks, turning back to this Trump triumph at the Black Journalists Convention, which I think is a game changer. Joining us now, Mark Simone, W.R., Radio Host, Hall of Fame, Radio Host, Joe Kancha, Fox News contributor and author of the new book, Progressively Worse. I love this. Why today's Democrats, ain't your daddy's, donkeys, it's not quite as long as the other book titles. Yeah. It's okay. We need to save time tonight. We're so past Moby Dick. The title is long. I'm running behind. Mark Simone, you saw the Chicago Convention. What did you think? What did you think about Trump's performance? Brilliant. And I'll tell you why it was so significant. 2016 really got kicked off by the same exact moment. Megan Kelly asked him the worst question of the world, opened the debate with this horrible, read a list of things he'd said about women, and he just leveled her. It was the same exact thing today. Here's all the things you said about black women or whoever was, and he just leveled her. Do we have that sound? Do we have that sound from the beginning with that ABC lady who was so rude to Trump? Real quick, quick, quick. Can we run that sound again? All right. We're going to pull it up. Right. But go ahead. The Megan Kelly story. There was his first debate ever in the world he'd never been in a debate for. First question handled it brilliantly. She should have realized this is the same exact attack. He knows how to respond. Mr. Refresh, here it comes. I love the black population of this country. I've done so much for the black population of this country, including employment, including opportunity zones. I was invited here, and I was told my opponent, whether it was Biden or Kamala, I was told my opponent was going to be here. It turned out my opponent isn't here. You invited me under false pretense. You just started off a question and answer period, especially when you're 35 minutes late, because you couldn't get your equipment to work in such a hostile manner. I think it's a disgrace. I just, that means you have a good point. I mean, it's really a heck of a thing. He refused to be put on the defensive. And basically, I was interested in watching his demeanor. He kept us cool. He had a sense of humor, right? I don't think they were expecting that. And I think, and I asked this question to Byron Donald, who thought it might be right. This is a precursor harbinger of the debate. Kamala, I bet she watched this, by the way, all right Kamala, I'm sorry, I'll work on that and get that right. The fact is, she watched it, and he's going to come at her on the issues, and he is not going to lose his cool. He will probably continue with sense of humor, and substantively, he's winning on those key issues. It's a precursor to the debate coming up in the next couple months. And strength versus weakness, right? As far as that big theme, it was with Trump and Biden, it is with Trump and Kamala Harris, because he showed up there. And she would not, because she has not, Larry and Mark, she's not taking one question from anybody resembling a journalist 10 days ago, she clinched the Democratic nominee, and not one question on, hey, you wanted the ban fracking. Now you don't. Why is that? You want fossil fuels. You want to eliminate all offshore drilling. You support sanctuary cities. You want to abolish ICE. You support late-term abortions. I could go down the line in terms of all the things that she supports, like ending private health care, while giving free health care to illegals. She would have to answer these questions, especially for Harris Faulkner's there, for example, and she refused to show up. That's my bigger story here. Harris Faulkner puts some sanity into it today. Thank heavens for that. Policy-based questions, yeah. She, I mean, Kamala doesn't, she won't go before the press. Even a favorable press, even a fawning press, she won't go before any press. What's up with that? Well, you know, she's got this incredible momentum at the worst moment. You don't want to have it in July. You want to have this momentum in October. She's like one of those tech stocks in 2000, went up 30 points the first week, and she's just going to fizzle after that. Yeah. But what's next? For example, she's trying to find a vice president, but all the potential vice president is pulling out of the race. Now, I've never seen this before. By the way, I think Trump mentioned that today. Have you ever seen anyone say, "I won't not take the position of your vice president." Well, the one from North Carolina said it, Michigan Whitmer said it, Cooper, Whitmer, some others have said it. What's up with that? She cannot find the vice president. It's got to make an announcement soon. Well, because they know this is going to be a losing ticket. They don't want to be like, "I can't remember his name. Hillary's VP choice." Kane. Virginia. Why? God, I would have had the thing twice or three times. That was him Kane, Senator Tim Kane. It was the end of his career being on that sinking ship, so nobody wants to be her Tim Kane. Well, it's a message, message, message, message. Open border, high inflation. Open border, high inflation. Yes. Open. Harris Faulkton, what would you do first? Close the border, drill baby, drill to get inflation. I mean, he's completely on message. He wouldn't waver. That's what's so fascinating. Completely, and the audience that he was speaking to were primarily black voters in urban areas who see 10 million people come into this country illegally, and then in places like New York, we've seen this up close, sanitation, education, police are all cut social services because the money is going towards taking care of those who are here illegally instead. So he hammered that, and then he talked about inflation, attacks on everybody. That doesn't matter what race you are. I think he really landed some punches there, and everybody else is concentrating on the fluff and the sizzle. But in the end, Donald Trump went into the lines, then Kamala Harris is going to do it by Zoom. Yeah, it's good. Is she in fact going to be-- is she going to Zoom with them? Yeah, but is Harris Faulkton going to be able to ask questions? Or are they going to choose the journalists that do? Yeah. Great to see you. Thank goodness for Harris. Anyway, Joe Conchit marks him on. Thank you, gentlemen. Thank you. Coming up next, voters are rejecting Kamala Harris' open borders policies. Big time. And drill baby drill. No, wait a minute. Bracking ban. No, wait a minute. I got to figure out what her position is. Maybe Senator Katie Britt will help us. She's going to be here, and we'll weigh in next up on Kudlow. [THEME MUSIC] Rural America's struggling to survive, from a limited labor force to slim resources, see how some communities are facing catastrophic challenges tonight on the bottom line. [THEME MUSIC] Woody Guthrie wrote, "Roll on Columbia to celebrate the Great Columbia River." But as it twisted its way through the Pacific Northwest, the Columbia needed little help to get the water where we needed it most. The Grand Coulee Dam used more concrete than any construction project in history. But it still wasn't enough. A decision had to be made. Do we go with a lower dam or a high dam? A 290-foot dam would never generate enough electricity to pay for itself. Chief engineer Frank Banks realized he needed to build the dam much higher. A high dam would create more electricity, which would mean more revenue. But more than that, a high dam would produce enough power to irrigate the high desert. In a higher dam, the water falls further, spinning the turbines faster. This would create enough power to sell and to pump up into the Grand Coulee. From there, it could flow throughout the region. That was Rufus Wood's real dream. But President Roosevelt only agreed to pay for a 290-foot dam. So once again, the newspaper publisher rolled up his sleeves. The matchy daily world covered the construction, sometimes almost on a daily basis. The public wanted to know, "Well, how are they doing? How's it moving?" And so he would take that and put it into words and publish it so people could read it and understand that, yes, we have to keep the momentum going with the tax money. His campaign paid off. Congress agreed to pony up for 550-foot dam. Wood's got the funding for banks to finish the job right. Almost 40% of buyers under 30 are using a cash gift or inheritance from family in order to afford that down payment. They're calling it the rise of the Nepo buyer. The more young people are choosing the route, the American dream is becoming increasingly unobtainable without that leg up. And the U.S. medium down payment for a new home is over $30,000. So you're going to have to have a pretty significant nest egg in order to secure your first home. Down payments are ballooning for buyers. Up more than 11% year over year, that's almost $30,000 per home. Historically, high interest rates are one of the reasons. The other, a massive shortage in supply that just can't meet demand. In the short term, it doesn't look like prices will be coming down. Demand is incredibly high for a first-time home buyers, and the only way they can afford a home is the bank of mom and dad. That's really the story here. They're just as in a supply for them to go out and save for their own down payment. We're not focused on housing in the crisis as home, and we have an affordability crisis in America. If you're planning to help out your kids with some hard and cold cash for a down payment, remember, the IRS has rules for that. The annual exclusion threshold for gifts is just $17,000 a year. In New York, Jerry Willis, Fox News. My name's Steve Ducey. You know, they say people vote for a candidate who they'd want to have a beer with. Well, we don't have a beer tap, but we do have a coffee pot. Pretty much everybody who's either run for or won the White House has actually stopped by Fox and Friends because sometimes the road to the Oval Office starts with a cup of coffee on the Kirby couch. If you're in Israel, thanks for watching Fox On Partner, and for the latest headlines, check out foxbusiness.com and foxnews.com. All right, turn us now, Alabama Senator Katie Britt, Senator Britt, welcome back to the show, ma'am, as always. I want to ask you, there's a couple of things here about Kamala Harris. She wants to debate Trump over the open border. Her point now is that Trump blocked this bipartisan bill, which you may know, 4,000 a day and one and a half million for a year. That's what it would allow on top of the 10 million or whatever the number is. We went back and looked at Mr. Trump's numbers. In 2020, his last year in office, 400,000 came across the border illegally. In 2019, it was 850, and in 2018, it was 400,000. So even his is so far below what's happened with Biden, Harris, and so far below this phony compromise bill. I don't think she has legs stand up, but the important thing is, what do you think about that? Oh, absolutely not. Look, if Kamala Harris wants to talk about the border, all I have to say is bring it on. She was actually put in charge of the border and has failed at every turn. When she wants to reference a so-called bipartisan bill, was she in any way part of that? The answer is no. She was given a responsibility, instead of digging in and figuring out how to fix it for the American people, she walked away. And as she walked away, we had over 10 million people come here illegally under her watch. We have had at least 1.9 to 2 million known Godaways come into this country, meaning we have no idea who they are, where they're going, or what their intentions are. We know the terrorists have been coming over our border. We had more people on the terrorist watch list caught at our border under her watch. And we are seeing the effects of fentanyl all across our nation, knowing it's the leading cause of death between the ages of 18 and 45, and that's on her. When you talk about the so-called border bill that Kamala Harris actually had nothing to do with because she doesn't know how to show leadership or exhibit it in places like that, they fail to actually even put presidential parole on the table. Now let's talk about that. If you look under President Obama, and yep Obama and Trump, they paroled under this presidential parole authority, Larry, about 5,600 people a year. If you look at what Joe Biden was doing, Larry, he has paroled on average over 1 million people a year into this nation under that. They wouldn't even bring that to the table. We're certainly not going to codify four or 5,000 a day. We want to drive those numbers down Obama's secretary of state, Obama's secretary of Homeland Security said that 1,000 people coming across our border a day would be a crisis. The Biden-Harris administration far surpassed that and every bit of that is on the borders are Kamala Harris and she needs to answer for it. Yeah, that's a bad issue. One last one, I just got 30 or 40s, 50 seconds, but they're putting out Biden-Harris administration's emailing voters about student debt, telling them all their student debt is canceled despite what the Supreme Court has said. What do you make of that? Larry, it's lies and here's the thing. The liberal media will not hold them accountable and we have to make sure that they do. The Supreme Court has already told Joe Biden he doesn't have that authority yet he continues to skirt it. He thinks he's above the law and he's pushing that forward and you know what that does? That takes hard-working Americans who either paid their way to school through school or chose to go straight into the workforce. It saddles them with someone else's debt and it's totally unfair. Yeah, both Biden. That's all it is. Senator Katie Britt. Thank you, man. We appreciate it. As always, folks, I'll be right back with my last words. A major recall continues at grocery stores across the U.S. Bores Head, recalling an additional 7 million pounds of deli meats tied to an ongoing listeria outbreak. The company recalling over 200,000 pounds of product over the weekend. The new recall includes 71 products made between May 10th and July 29th under the Bores Head in old country brand names. A survey found 79% of millennials and gen ziers have gotten financial advice from social media. Advisors say that can be dangerous because a lot of people offer advice without credentials or a financial background. One financial expert claims 63% of the advice on stocks on TikTok is misleading. And finally, Cambridge Dictionary adding more than 3,200 words this year, including some gen z slang. They include the ick, which means a sudden feeling that you dislike someone or something or are no longer attracted to someone because of something they do. Cambridge also adding boop, which is a gentle hit or touch on a person or animal's nose or head showing that you like them or as a joke. And some of these definitions are so spot on, they deserve a chef's kiss, which also makes its way into the dictionary. That's Business. I'm C.J. We'll cross on the crest here. This isn't your normal sort of hike. For most modern humans, swamp is something disgusting to be avoided. But for land restoration is Kevin Swift waiting through pools of murky water sounds just fine because here he sees something beautiful. To me, yeah, I have this warped perception I want everything to be slow and wiggly and complicated and a huge mess. To Kevin, this mess is a wealth of biodiversity, cat tails, fish, mosquitoes, red-winged black birds. Complexity is beauty, simplicity in an ecosystem, not as much. But the answer to how this marshland got here, well, that is actually pretty simple. Beavers. This land was bone dry just about 7 years ago. There's just a little creek running through it. But then conservationists got in touch with the rancher who grazes their cattle on this land and they agreed to stop shooting the beaver who lived here. Ever since then, the beaver populations rebounded and you can just see the change in the landscape. Stop shooting the beavers. They move in, start mowing down the willows, building the dams, pushing the canal sideways, doing what they do. 60-odd acres north of Sacramento are owned by the nonprofit Placer Land Trust. Land here is still used for cattle grazing, but not the cattle only roam here for part of the year, which is gentler on the land and has allowed the beavers to do their work. As that's going on, we were in their building these things called beaver dam analogs that just basically mimic what beavers would do in order to speed things up a little bit. The result has been a landscape more resilient to drought, fire, and floods. With this too much rain, the beaver dams slow down the flood waters and prevent erosion. The marshland dacks is a natural fire break, and the dams allow for year-round water here, extra important in drought-stricken California. When you can see, that's something that's been thirsty for a long time, is going to get a drink. That's as good as it gets. A simple feeling sparked by an elaborate ecosystem. Definitely complexity wins. As this conservationist chews, on what the beavers will do next. Think of the difference that we'll see here in two more years. In Placer County, California, Max Gordon, Fox Weather. And we begin with this Fox News alert. It's a very big day here at the White House. With must-see inside and analysis, you won't get anywhere else. We'll never be the media mob. And stay on top of the US markets with Fox Business. Watch your favorite shows live or get them on demand. Download the Fox News International app now from the Apple or Google Play stores. Also available on Amazon Fire. So I think there's a Trump game-changer today at the Black Journalist Convention. Captain's cool. He was on message. He had a lot of humor. I would say "advantaged" Trump. That's my view. Now say "advantaged." From the Fox News Podcasts Network, subscribe and listen to the Trey Gowdy Podcast. Former federal prosecutor and for-term US Congressman from South Carolina brings you a one-of-a-kind podcast. and listen now by going to foxnewspodcasts.com
