tonight's feel fast better plus stephen welcomes patton oswalt and energy secretary jennifer granholm. featuring jon batiste and stay human with special guest james taylor. and now live on tape from the ed sullivan theater in new york city it's stephen colbert. >> stephen: oh hey. (applause). >> stephen: thank you my friends, thank you, thank you, thank you. thank you. (cheers and applause). >> stephen: okay. hey, everybody. welcome one and all to the late show. i'm your host, coco show. happy monday. it's the first of august. typically, a month when the news slows down. americans go on vacation, congress gears up for recess, and wolf blitzer hits the situation hammock. and that slow news may explain why today's top headline is joe biden tested positive again for coronavirus. that's right! extra! extra! man never really that sick, still technically sick. last week, biden tested negative, now he's positive again. experts say he's likely experiencing paxlovid 'rebound.' wow, getting covid twice in a row 'cuz you took paxlovid? who could've seen this coming? happened to me. happened to m

biden's energy secretary, jennifer granholm, is pitching low income americans to buy solar panels to cut rising costs and expenses. watch this. >> if you are low income, you can get your home entirely weatherized through the expansion from the bipartisan infrastructure laws. significant expansion. you don't have to pay for anything. if you want heat pumps, insulation, new windows, that is covered. if you are moderate income, today you can get 30% off the price of solar panels. those solar panels can be financed so you don't have to have the big outlay at the front. it is a significant incentive. >> carley: kennedy, solar panel installation costs between $15,000 and $25,000 on average. you're still paying up to what, $17,000? during a time of record high inflation, help the biden administration with the of wisdom. >> kennedy: it's interesting because we have this crony capitalism here. obviously once again this administration didn't learn the failures of the obama administration. how many are we going to have, how much corruption really have from these companies that will find this fe

i'll speak to cabinet secretary jennifer granholm next. >>> plus, making the case. the spotlight again on former president trump, as his party looks ahead to the midterms and democrats make inroads on their agenda. how will voters respond? arkansas republican governor asa hutchinson is coming up. >>> hello, i'm brianna keilar in new york where the state of our union is wondering just how secure the storage rooms at mar-a-lago really are. house leaders are requesting a briefing and a damage assessment from top intelligence leadership after unsealed court papers revealed the fbi found highly classified documents in an unprecedented search of former president trump's florida resort on monday. the fbi recovered 11 sets of classified documents including some of the most highly classified government information. and the warrant revealed the search was executed under three federal statutes. potential violations of the espionage act, obstruction of justice and the criminal handling of government records. the revelations follow months of efforts by the government to recover

energy secretary jennifer granholm. you have said in recent weeks you hope gas prices will continue to fall, but now nbc is reporting this morning, and i'm quoting here. behind the scenes officials worry prices could rise again as they keep looking for ways to get more oil on the market. given the issues with refinery capacity and the war in ukraine, can you give us, secretary, any more certainly that prices will keep falling? >> yeah. as you know, gasoline comes from oil. oil is traded on a global market. so we are at the whim, if you will, of what happens globely. however, this president has moved in dramatic ways to increase supply. by releasing 1 million barrels a day from our reserve, as well as calling on domestic producers, as well as international producers. we will be at record amounts of production next year. all of that is to say our energy information administration has projected by the fourth quarter, gas prices will be around $3.87 on average. today they're about 3.-- excuse me, $3.78. today they're at $3.

joining us now is energy secretary jennifer granholm. great to see you, secretary. what do you attribute this decline in prices, and this warning from aaa? >> a big piece of this is the fact the president has been leasing through our strategic petroleum reserves a million barrels a day to help stabilize prices. this is going to go on for six months, it already started. so that's one piece of things. he's called for an increase in production, both at home and abroad, and we have started to see more production come online. just remember, the reason for this surge, though, is, yes, coming out of covid, but also because when putin invaded russia, of course, putin invaded ukraine, ukraine is -- russia is one of the largest exporters of oil, and all these countries, like the united states, canada, eu, said we're not going to take russian oil, that pulled all those barrels off the market so supply and demand were way out of match. so the president tried to increase supply all at the same time as accelerating our movements to clean energy, which is why -- this whole circums

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s. energy secretary jennifer granholm has instructed the nation's top refiners, including exxon shell, b, p, and chevron, to refrain from exporting fuel at a time when america's european allies are in deep need. given the historic level of u. s. refined product exports. i again urge you to focus in the near term on building inventories in the united states, rather than selling down current stocks and further increasing exports. granholm cited quote, historically low inventory levels of gasoline and diesel in parts of the country as the justification for looking out for america's interest. first, the last thing, the biden and the democratic party need right now heading into the november mid term elections as a fuel shortage. that risks handing victory to the republicans, brussels was led straight down the garden path by washington and sanctioning its own cheap gas supply from russia. recalled back on june 27th, that the e u and the white house issued a joint statement saying that they were quote, working together to find ways to further reduce rushers, energy derived revenues in the co

cheryl: that was energy secretary jennifer granholm yesterday, telling struggling americans if you want relief from soaring energy costs just give your home an energy efficient makeover and for middle class americans bank on a discount on solar panels through you the democrats massive tax and spend law. she got skewered on social media yesterday, people saying she is out of touch. dagen: did she encourage people to take on debt to install solar panels in her house? did she do that. i'm going to do what she did when she was asked what the granholm plan is to increase oil production in the country. [laughter] i would laugh if it wasn't so hideous, what she said. by the way, this is admission that this act doesn't fight inflation. it foments and juices it and fuels it. let me explain really quickly. this bill subsidizes the purchase of goods and services, of goods in particular, she's talking about buying solar panels, to encourage people to spend money that they otherwise shouldn't. you're giving them a discount but you're rewarding the purchase of more stuff that you would of not normall

we have jennifer granholm coming in a second. maria theresa makes a point about, joe biden loves the senate and he wanted to be involved in a lot of these negotiations. and i think the most extraordinary act of political discipline that i've seen biden enact in a long time is when he basically said i'm going to back off this spring. i'm not going to try to run these negotiations. i'm going to let chuck schumer and joe manchin get down to business, and that turned out -- i mean, for biden to basically step away from a thing he loves to do, be in the middle of the deal, i think there was a degree of political discipline and wisdom in that move that is easy to overlook, but it's genuine and helped get this thing done. >> discipline is not a word we've tended to associate with joe biden over the years, and a willingness to minimize his own role, not to be out front, and i think you're right. again, he showed a tremendous amount of patience, and i think maria theresa's point is really well taken. this is good news for our governing in

does jennifer granholm even know how a pipeline works? the democrats use the oldest player in the book, give joe manchin this quid pro quo pipeline so democrats get a win before the midterms. he grilled joe manchin on it this morning. >> even if everybody were out to go get two or three jobs and now their wages can't keep up with the cost of milk and bread? >> don't you think we should keep those costs down question ricky do that by producing. we've got to produce our way out of it. we can't wait. >> we are going to build pipelines but everyone is upset because they are afraid it is a political bill bid this is not a democrat bill, it's not a republican bill, it's not a green bill, a red, white, and blue deal. >> jesse: i get the democrats only support pipelines if they can be used for political bribes. right? they got rid of the keystone pipeline because that wasn't worth anything, so here we have the new pipeline to west virginia so we can get the green new deal. kellyanne conway, former white house counsel and author of here's the deal

the lines from jennifer granholm here they feel like something out of veep. people are struggling to pay their energy bills because of our ridiculous policies but do they know about the coupon they can use to slap some chinese made piece of hardware on top of their roofs and maybe save a few cents when they are trying to charge their phone with a power of the sun? i mean, that's just ridiculous. it's so out of touch. it's absurd. people complaining about not being able to do they know about the coupons for poor ridge? this is absolutely out of touch and why this administration is really swirling the drain in so many different respects. >> katie: telling americans to take on more debt for solar panels in a time when we are in recession is quite remarkable. ben, thank you so much for joining us this morning. great to see you. >> great to be with you, katie. >> katie: this week marks one year since 1 u.s. members were killed in kabul. fox news contributor and former secretary of state mike pompeo joins us live to remember the american heroes and reflect on the f

. >> harris: critics taking aim at energy secretary jennifer granholm for defending the inflation bill by explaining just go out and spend more money. >> 30% tax credit that you can claim in 2022 for installing energy efficient windows, heat pumps, energy efficient appliances. if citizens want to install solar panels on their roofs so they can generate their own power. that's another 30% tax credit. and, of course, there is the tax credits that are at the dealership for the automotive sector for electric vehicles. >> harris: art. >> it's crazy. what's going on here is you have this government coming down and trying to manipulate every move you make from roof generation of electricity, the type of cars you buy. that's all janet granholm is doing. you must do this and that. what they ought to do is do a policy and get their hands out and let people make their own decisions. the idea you can tax the rich and collect more money is silly. i finished my book called the taxes have consequences and it shows every time you raise tax rates on the rich you collect less money from them and the eco

her guests are jennifer granholm and mike turner. thanks for sharing your sunday morning with us. have a fantastic day. ♪ i'm the latest hashtag challenge. and everyone on social media is trying me. i'm trending so hard that “hashtag common sense” can't keep up. this is going to get tens and tens of views. ♪ but if you don't have the right auto insurance coverage, you could be left to pay for this... yourself. get allstate and be better protected from mayhem for a whole lot less. she's feeling the power of listerine. he's feeling it. yep, them too. it's an invigorating rush... ...zapping millions of germs in seconds. for that one-of-a-kind whoa... ...which leaves you feeling... ahhhhhhh listerine. feel the whoa! >> tech: cracked windshield? trust safelite. we'll replace your glass and recalibrate your vehicle's camera, so automatic emergency braking and lane departure warning work properly. don't wait--schedule now. >> singers: ♪ safelite repair, safelite replace. ♪ this is a charged lemonade from panera, and it's a force of nature. a delicious boost of plant based caf

granholm, the energy secretary. watch this. i want a quick response from you. >> if you're on a moderate income today, you can get 30% off of the price of solar panels. they can be financed so you don't have to have the big outlay-up front. when they're financed, they're financed in a way that reduces your energy bill even though you have solar panels with this 30% off, it's a significant incentive. it's all about reducing costs for people. >> martha: people that are seeing a 13% innees in food prices, 75 cents per gallon in gas, they're not looking at saving money on solar panels, jared? >> the inflation reduction act saves money in many more areas. whether it's a matter of healthcare premiums, the reduction of 800 per year for 13 million families whether it's the millions of people that will be helped by out of pocket expenditures capped at 2,000 -- >> martha: over the next few years. >> yes. whether it's a rebate when drug prices grow faster than inflation or whether as the secretary talked about a decline in cle

. >>> the lineup this weekend on "state of the union," energy secretary jennifer granholm, the top republican on the house intelligence committee, mike turner, and asa hutchinson of arkansas. sunday at 9:00 a.m. eastern and noon on cnn. if you ever miss an episode of "the lead," you can listen wherever you get your podcasts. our coverage continues right now with wolf blitzer in "the situation room." >>> happening now, breaking news. the mar-a-lago search warrant is now public. and it reveals fbi agents went to trump's home looking for possible violations ofe espionage act and over major crimes can they left with a trove of secret documents including some classified at the very highest level. we're poring over all the information just released by a federal judge. >> welcome to our viewers here in the united states and around the world. i'm wolf blitzer. you're in "the situation room.

in this private letter obtained by fox news, energy secretary jennifer granholm calls on major u.s. refiners to focus in the near term on building inventories in the united states, rather than selling down current stocks and further increasing exports. granholm argues the u.s. needs to prepare for hurricane season which can disrupt oil production in the gulf. former energy secretary rick perry doesn't buy it. >> that's what the strategic petroleum reserve was set up for, those types of natural disasters. so they're talking out of both sides you have their mouth which is nothing new. >> news couldn't come at a worse time. u.k. regulators just announced british households will see energy bills spike by 80%. partly due to decreased imports of russian oil. >> look, i understand there is an election coming in three months from now and i understand that they don't want any short falls. they want to keep prices down. >> u.s. oil and gas association president tim stuart says the move is putting politics over our allies. >> it's hypocritical to be promising to our european allies we will do

energy secretary jennifer granholm claims the clean energy is the best peace plan the world has ever known. okay we'll take a look at it, next. ♪ ♪ ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq stuart: we're now down 412 points on the dow, and 200 on the nasdaq. lots of problems about what jay powell is going to say on friday about raising interest rates. that's the problem for the market this morning. the price of gas, well that is $ 3.90 average, nationwide, down $0.51 in a month. the white house is taking credit for that. grady trimble with us. hey, grady, didn't the administration used to say they were not in control of gas prices? reporter: they did, stuart. the biden administration didn't take responsibility as gas prices were on the way up. you'll remember they largely blamed vladimir putin and they still do but they are taking

jennifer granholm, thank you for being with us. coming up, the attorney general in arizona has completed the investigation into allegations made by the now defunct group of conspiracy theorists called the cyber ninjas. we will talk about those findings and how they are playing into today's primary. ry vo: everyday costs are going up... so democrats in congress are doing something about it. launching a plan that reduces monthly expenses. it drives down the cost of prescription drugs. and ramps up production of american-made clean energy - reducing energy bills for families. we can take on climate change, in a way that saves families real money, right when they need it most. we do it by quickly passing the inflation reduction act. americans can't afford to wait. - as someone with hearing loss, i know what a confusing and frustrating experience getting hearing aids can be. that's why i founded lively. high-quality hearing aids with all of the features you need, and none of the hassle. lively offers bluetooth, fda regulated hearing aid

dagen: that was energy secretary jennifer granholm on cnn yesterday, claiming president biden has done more than any other be president to bring down gas prices. oil prices this morning, they are even below $90 a barrel, 87, 80 at the moment on west texas intermediate. joining me now, senior market analyst, fox business contributor phil flynn. phil, what do you make of -- >> good morning. dagen: -- secretary granholm's remarks? >> well, i'd have to say if she wants to take credit for the drop in gasoline prices, and if the president wants to, he better take credit for the slowdown in the economy, right? according to the last two gdps, we're in a recession and in a recession the demand for oil and gasoline falls. in fact, if you look at the data from the energy information administration, it isn't because we released oil from the strategic petroleum reserve, it's because demand is like 6% below what it was a year ago and at one point dipped lower than it was during the covid shutdown. so if he wants to own the drop in gasoline prices, let him have it. but then he's going to have to own

this letter was sent by energy secretary jennifer granholm to major u.s. refiners calling on them to limit their exports in order to shore up domestic supplies ahead of hurricane season. now, in that letter -- which, by the way, ashley, has not been made public by the administration -- granholm writes this: given the historic level of u.s.-refined product exports, i again urge you to focus in the near term on building inventories in the united states rather than selling down current stocks and nurse increasingers -- further increasing exports. warning move would hurt our european allies as energy bills are about to skyrocket by 80%. this could also raise global oil prices. >> we have to remember that we operate in a world energy market. prices are set by the world market, not just the domestic market. so any restrictions on production or on exports from the united states actually increase prices on american consumers. >> reporter: meanwhile, wyoming senator john barrasso, ranking member of the senate energy and natural resources committee, is also weighing

speaking of emboldening china jennifer granholm had this to say about prices and energy. >> saying to families who simply can't afford this stuff in the first place, if you are low income, you can get your home entirely weather rised through the expansion from the bipartisan infrastructure law, significant expansion. you don't have to pay for anything. if you want heat pumps, insulation, new windows, that is covered. if you are moderate income, today, you can get 30% off the price of solar panels. those solar panels can be financed so you don't have to have the big outlay at the front. it's a significant incentive. >> steve: so if you have a moderate income. let's say you make $75,000 a year, and you buy a $20,000 solar panel outfit, then can you get like a 30% discount. how many people are going to be doing that? that's one of the reasons ben domenech tweeting this out an underrated aspect of the biden administration unpopularity is just how terribly this cabinet has performed at messaging. basara, mayorkas, granholm who we just heard from them. yellen. best performer is tony blinken

energy secretary jennifer fran granholm urging domestic oil refiners not to increase exports, saying the biden administration could take action if they don't build up inventories. joining me now, the short group co-founder and principal, steven sh hork. to speak to the comments specific lirks it's not like producers and refiners have the inventory to export anyway. right now, everything they're producing right now is going out. that's part of the problem. >> yeah, absolutely, jackie. refineries are doing yeoman's work this summer, running refineries at break neck pace trying to get as much product to the market as possible. i think granholm's comments demonstrate her lack of understanding of how the global hydrocarbon economy works. if they want to help alleve shortages in he local markets, reskinned the jones act -- rescind the jones act. it's a law that states that commerce, interstate commerce those be transacted on u.s. flagged vessels. u.s. flagged vessels, there's a small inventory of those vessels and therefore the premium to hire the vessels is very high. if i'm producing gas

granholm. and this will only be on the fox news channel at 11 a.m. eastern. gillian: well, there are growing calls for new york's democratic governor to change the controversial no bail law. the bush comes after kathy hochul claims credit for rearresting who sucker punched a victim leaving him with a broken jaw next. i don't hydrate like everyone else. because i'm not everyone else. they drink what they're told to drink. i drink what helps me rehydrate and recover: pedialyte® sport. because it works... and so do i. ♪♪ hydration beyond the hype. ♪♪ ♪ ♪ how's he still playin'? aspercreme arthritis. full prescription-strength. reduces inflammation. don't touch my piano. kick pain in the aspercreme. >> new york governor kathy hochul taking credit for taking a sex offender into custody on a parole violation after he reportedly punched a strange into a coma. the suspect was first released after his charges were downgraded from attempted murder to misdemeanor assault. alexa mcadams has th

>> i got back from the lake in the ozarks, jennifer granholm drank more than i did this weekend. that's not -- they keep calling it a messaging problem. it is not a messaging problem. it's an intelligence problem. if you don't have a few hundred dollars to pay his heating bill he doesn't have tens of thousands to fit his home for solar energy. if i came to you like i'm having a hard time getting a date. dude, go out with cindy crawford. it's not an option for me or i wound be in this problem struggling. that's where they are. >> bill: you don't have to pay for anything. >> stop it. >> bill: you don't have to play for anything. that's what she said. >> jimmie is getting audited a fourth time and taxes going up. this is why every time they open their mouth they illustrate how far out of touch they are with people in america. they wouldn't have had to pass their climate change bill under a different name. they passed it under the ininflation reduction act. if we had a bill to give away free pizza and beer. it would pass as a free pizza and beer act in a landslide. that's where we ar

here is jennifer granholm who famously laughed at having a policy. here is a quote, if we want to be secure and energy independent that means we have to produce my own energy. my counterpart in ireland, energy minister there no one ever weaponize the access to the sun, weaponized to the wind. perhaps a move to clean energy will be the greatest peace plan the world has ever known. joey, she says by harnessing the sun and the wind we will harness so far unachievable opportunity foreworld peace which we haven't really managed to get in thousands of years. >> i envy people who live by the moniker ignorance is bliss. i envy someone who can have her head so far in the clouds she probably believes the words she are saying. she believes they are applicable to 2022 not 2052. listen, majority of conservatives are not married to combustible engines. not we have nostalgia working on carburetor and need the gas around we have to afford anything we can afford. combustible engines was not government handing out edict with that horses are bad, let's replace them. it

granholm way. she raised issues with the exports of natural gas from the united states to europe because it raises the price domestically in the united states. at what point does things splinter? jonathan: that was the first question the tom asked yesterday. is energy on the same page as the state department and this white house? tom: to your point about currencies, why do we follow sterling? it's a litmus paper for the system. february 24, sterling was 14% depreciation. jonathan: that's one heck of a move. futures are up about a third of 1% and the nasdaq bouncing back slightly and we will break this down with evercore in about four minutes time. from new york city on tv and radio, this is bloomberg surveillance. ♪ >> i think in the next three-four months and the rest of this year, it will be a volatile time. >> you have to be patient and realized we are in it for the long-term. >> the fed will face increasingly more difficult challenges this time around. >> you want to be very wary about the re

jennifer granholm talked to trace gallagher over the weekend and she is still out there touting their green energy initiative no matter what it costs the american people. listen. >> there are significant incentives in this bill. if you are low income, you can get your home entirely weatherized. if you are moderate income, today you can get 30% off the price of solar panels. if you want to buy a used electric vehicle, you can get $4,000 off at the dealership today. >> sandra: charles, you are going to tell me that is not the top priority of the mind of the low income american family struggling paycheck to paycheck, working two jobs to pay for inflation, struggling to buy groceries and fill up the gas tank, their priority is weatherizing their house? >> most don't have the house, feds come out with a survey, the pulse survey, 51 million folks college degrees own home. only 3% are behind on their mortgages. less than high school, only 5 million own a house, 13% behind in the mortgages. even the few folks who don't have college degrees who may have home ownership, larger percentage are st

coming up tomorrow, jonathan capehart will speak of secretary of energy jennifer granholm, that's tomorrow at 10 am eastern on nbc msnbc. thank you at home, i'll be back next sunday at 10 am eastern. but stay tuned -- right after this break, we shall see there. to make the most o we come on the air this hour with breaking news. you're taking a live look from capitol hill where the senate is reconvening for saturday session. at issue is the -- inflation act. they could cast their votes shortly, setting the stage for hours of debate and dozens of amendments. we'll check on our capitol hill correspondent just a moment to see when we can expect that final vote. and a good day to, from msnbc world headquarters, i'm cory apartment. this is out job alex witt reports. new reaction, to signing of a near total ban on abortion. indiana becomes the first post-roe

fox news is learning that energy secretary jennifer granholm asked u.s. refiners to cut down on exports to europe, despite countries like u.k. bracing for skyrocketing energy bills because of ukraine. aishah hasnie is joining us live on set to break it down. white house has been on a victory lap over gasoline prices recently. this would seem designed to further drive prices down at the cost of our allies. >> aishah: worried about the prices going back up and according to the secretary, all about hurricane season around the corner. but i want to show you this. fox obtained this letter sent by granholm to major u.s. refiners calling on them to limit their exports in order to shore up their domestic supplies. and in this letter, which by the way has not been made public by the administration, she writes this. given the historic level of u.s. refined product exports, i again urge you to focus in the near term on building inventories in the united states rather than selling down current stocks and further increasings exports. so oil and gas experts are saying

granholm justify this as inflation reducing you get a tax credit if you want new solar panels a tax credit if you spend 40,000 dollars on new electric vehicle that is their definition of inflation reduction what they think american people priorities are right now. >> market negative again we want to show a win peloton soaring in premarket, the company announced in your opinion partnership with amazon, peloton's first partnership with retailer to salvage merchandise the stock up 8% on peloton stay with us. we'll be right back. ♪ ♪ maria: welcome back. time for the big buzz of the morning. a bumpy ride for a giant slide. this beloved ride called the giant slide reopened to visitors with some serious safety issues. [laughter] riders bouncing up high, just with four hours for the operators to shut it down. [laughter] the ride has now reopened, dagen. >> i'm sorry, i watched these videos -- [laughter] so many times. there was one of a woman whose shoe flew off. so they reopened it, i forget what they did, i think they actually greased it so it wouldn't be so reckless. there is a rapp