ALLEGATIONS AND INVESTIGATIONS INTO JOE BIDEN WITH TIME -- >> HOUSE REPUBLICANS HAVE UNCOVERED SERIOUS ALLEGATIONS.

KEVIN MCCARTHY BYPASSES AND DIRECTS REPUBLICANS INTO A FORMAL IMPEACHMENT INQUIRY.

>> THESE ARE ALLEGATIONS OF ABUSE OF POWER AND CORRUPTION.

AND THEY WILL FURTHER THE INVESTIGATION.

THAT'S WHY TODAY, I AM DIRECTING FOR A FORMAL INQUIRY.

>> REPUBLICANS HAVE LOBBED UNSUBSTANTIATED ALLEGATIONS.

THEY HAVE SO FAR TURNED UP NO EVIDENCE OF WRONGDOING.

NOW, THREE COMMITTEES: OVERSIGHT, JUDICIARY, WAYS AND MEANS WILL CONTINUE THE DIVE INTO MONEY, ALLEGATIONS AND SPECIAL TREATMENT.

>> REPUBLICANS HAVE LAUNCHED AN ILLEGITIMATE IMPEACHMENT INQUIRY.

HOUSE REPUBLICANS HAVE BEEN INVESTIGATING NINE MONTHS AND TURNED UP NO EVIDENCE OF WRONGDOING.

MCCARTHY CALLED THE DESIGNATION - - >> RUSHED AND RATTLED PERFORMANCE IS NOT REAL.

>> FAR RIGHT REPUBLICANS HAVE THREATENED A SHUTDOWN IF THE LIST OF DEMANDS GO UNMET.

>> SERVED NOTICE.

MR. SPEAKER, YOU ARE OUT OF COMPLIANCE.

THE PATH FORWARD IS TO EITHER BRING YOU TOTAL COMPLIANCE OR REMOVE YOU.

>> LORBER ON LOPEZ JOINS ME NOW FOR MORE.

SHE JOINS US FROM CAPITOL HILL, WELCOME.

SHARE YOUR REPORTING WITH US.

WHAT IS BEHIND THE ANNOUNCEMENT?

>> SPEAKER MCCARTHY WAS FACING SIGNIFICANT PRESSURE TO MOVE FORWARD, AND FROM WHAT WE HAVE BEEN TOLD PRIVATELY, HE HOPED MOVING AHEAD WOULD GIVE HIM BREATHING ROOM IN THE GOVERNMENT FUNDING NEGOTIATIONS THAT HARD-LINE CONSERVATIVES COULD BE MORE LIKELY TO SUPPORT A SHORT-TERM DEAL.

ALL OF THAT BEING SAID, AND SAID AN IMPEACHMENT INQUIRY IS NOT ENOUGH, THEY HAVE AN ENTIRE LIST OF DEMANDS THEY WANT TO CUT BILLIONS OF MORE DOLLARS, AS WE ARE SPEAKING RIGHT NOW, MCCARTHY IS SPEAKING WITH A GROUP OF MODERATES IN THIS RENTS -- DISTRICTS PRESIDENT BIDEN HELD LAST ELECTION.

>> YOU'VE BEEN TALKING TO WHITE HOUSE SOURCES.

WHAT ARE THEY SAYING?

>> THE WHITE HOUSE IS SAYING THERE IS NO EVIDENCE THIS IS EXTREME POLITICS, AND THE LIST OF DEMANDS THESE CONSERVATIVES ARE ISSUING AN EXCHANGE AND SAY THIS IS TRYING TO CAUSE A GOVERNMENT SHUTDOWN IN EXCHANGE FOR AN IMPEACHMENT INQUIRY ON SO MAY ALREADY HIGHLIGHTED -- THE BIDEN CAMPAIGN TOLD ME THEY WILL BE ZEROING IN ON THE TRUMP CONNECTION IN SAYING THIS ATTEMPT TO PURSUE AN IMPEACHMENT INQUIRY FURTHER DEMONSTRATES HOUSE REPUBLICANS ARE TRYING TO HELP FORMER PRESIDENT TRUMP AND TRYING TO FOLLOW HIS BIDDING.

>> WE HEARD MATT GAETZ THREATENING TO FORCE A VOTE TO REMOVE MCCARTHY.

IT IS HIS SPEAKERSHIP IN PERIL?

>> MATT GAETZ WOULD SAY YES.

HE SAID TODAY, WE KNOW SEVERAL AGREEMENTS THAT HE MADE BACK IN JANUARY, BUT THE FULL DEAL WAS NEVER RELEASED.

DEPENDING ON WHO YOU ASK, THEY WILL SAY THEY AGREED TO DIFFERENT THINGS.

WE DON'T KNOW WHAT IT WAS.

NOW, HE SAYS MCCARTHY IS NOT LIVING UP TO IT.

I THINK THE QUESTION IS IF THIS WERE LAUNCHED TO SURVIVE A CHALLENGE TO SPEAKERSHIP.

NOW, THEY ARE SAYING THERE IS NO WAY WE'RE DOING THAT.

>> WHAT ABOUT OTHER DEMOCRATS?

ARE THEY CONCERNED THIS COULD HURT THE REELECTION?

>> DEMOCRATS SAID THEY ARE NOT CONCERNED.

I SPOKE TO ONE REPUBLICAN WHO WAS CONDUCTING A FOCUS GROUP WHO SAID ONLY ONE VOTER IN THAT GROUP KNEW ABOUT THE ANNOUNCEMENT THAT NO ONE CARED ABOUT HUNTER BIDEN, THEY CARED ABOUT THE ECONOMY.

POLLSTERS TOLD ME THEY SEE THIS AS A PERSONAL FAMILY ALBUM AND DON'T HOLD IT AGAINST PRESIDENT BIDEN.

REPUBLICAN MEMBERS WERE SAYING AS EARLY AS 2022 THAT THEY WERE GOING TO LAUNCH AN IMPEACHMENT INQUIRY, I SPOKE TO CHARLIE DENT WHO SAID THE MOTIVATION FOR REPUBLICANS IS TO MUDDY THE WATERS AND DRAW A FALSE EQUIVALENCY AS PEOPLE ARE DELIVERING UNDERGROWTH TESTIMONY IN THE ALLEGED CRIMINALITY IN PRESIDENT TRUMP'S TRIALS.

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