Fox News host Neil Cavuto cut away from the live feed of Trump's Thursday press event to fact check the President's claims about the former administration and almost apologetically tried to set the record straight.
President Donald Trump held another campaign-style press event at the White House Thursday, where he harkened back to his old conspiracy theories about Democrats wanting to destroy American suburbs. Standing between two pickup trucks—a blue one weighed down with mock weights to supposedly represent regulations and a red one with a large crane bearing a "Trump Administration" banner, Trump didn't surprise anyone when he used the opportunity to once again criticize his predecessor and the former administration. What did come as a surprise, however, was Fox News host Neil Cavuto cutting away from the live feed to fact check the President's claims and almost apologetically trying to set the record straight.
As the 74-year-old credited himself with a low pre-pandemic unemployment rate and accused the economic and banking regulations instituted by President Barack Obama of having had catastrophic effects, Cavuto cut into the speech with a surprising fact check session for the network's viewers. "I do want to clarify a couple of things. He said that no president in history has cut regulations as he much as he has – that is true. But I think he might have mischaracterized the regulations that were added under Barack Obama. They were largely financial related," he said.
"You might recall we had this little financial meltdown and much of those regulations were geared to preventing banks from ever investing in things like risky mortgage securities, pooling them and selling them off... so more than half the regulations the Obama administration added were of that bent post the meltdown," the host continued. "Another quick point, when the President referred to the 'horrible results' or the 'disappointing results' of the prior administration for adding those regulations... the unemployment rate did, under Barack Obama, go down from a high 10% to around a 4.7%. Trump, of course, set that even lower, eventually getting us down to 3.5% unemployment rate."
Asked who would pay for the crane and pickup trucks used in Pres Trump's South Lawn event this afternoon on deregulation, @JuddPDeere45 said costs would be covered by several of the Federal agencies taking part. That would include DOT, Labor, Commerce, HHS, SBA and EPA. pic.twitter.com/1XWnQtOLLP— Mark Knoller (@markknoller) July 17, 2020
"But I didn't want to leave you with the impression that during those eight years, when Obama first came to office and we were bleeding about a million jobs a month, that that was a standard fair and that characterized the whole eight years. The recovery itself might've been weak but we were coming off a meltdown," said Cavuto. "Again, both presidents can crow about the growth that they saw, but it was not a disaster under Barack Obama. Not only did the Dow essentially triple during his tenure... most companies did very very well, but Americans did very very, well."
Fox cut away from Trump's speech so that Neil Cavuto could note some 'mischaracterizations' from Trump— Lis Power (@LisPower1) July 16, 2020
Cavuto: 'It was not a disaster under Barack Obama, not only did the Dow essentially triple, but ... Americans did very, very well.' pic.twitter.com/T47seNoLak
"So I just want to put that in some context here. [It] was not disastrous—those prior eight years—just like it certainly hasn't been disastrous prior to the virus with this President," Cavuto concluded. As you can imagine, MAGA hat wearers weren't too happy about the host's impromptu fact check lesson with many immediately calling for a Cavuto boycott and demanding that he be taken off the air. Some even claimed to have tuned into other networks of the likes of MSNBC and CNN to watch the rest of Trump's speech.
ATTN FOX NEWS: Get that damn dud Neil Cavuto off the air permanently. He just interrupted the President and knocking him off the air in the middle of his report to the nation. It made me move to MSNBC & CNN to get away from this arrogant fool Neil Cavuto. Everyone boycott Cavuto. pic.twitter.com/vFGQvJTxfW— FounderChurch=TRUMP-I'm FC & This Is My World (@FounderChurch) July 16, 2020
@FoxNews For the first time in a long time I turned off Fox News at 5:00 pm, due too Neil Cavuto interrupting the President speech on regulations to give us a rundown on Barack Obama’s regulations!! This has to be the most PATHETIC thing I’ve seen on Fox in a long time!!— Nicki (@nickisnest) July 16, 2020
I tried to watch it on Fox... As usual they left and put Neil Cavuto on talking about nothing... Im done with Fox. Seriously!! https://t.co/7KWaPAV33N— 🇺🇸🇺🇸💥CYNDRA💥🇺🇸🇺🇸 (@CYNDRA10844682) July 16, 2020
While Trump supporters continued their angry tirade against Cavuto and threatened to stop watching Fox News for good (maybe the world still has hope), they unwittingly ended up making the clip viral. However, this isn't the first time the host has stirred up trouble for himself among Trump supporters as back in May, Cavuto spoke against the President's claims of taking hydroxychloroquine every day as a precaution against Coronavirus. Apparently stunned by Trump's misleading statements, the host warned viewers against following his example as those with respiratory and heart ailments who took this drug actually died. "If you are in a risky population here, and you are taking this as a preventative treatment to ward off the virus, or worst-case scenario, you’re dealing with the virus in this vulnerable population... it will kill you," he said. "I cannot stress enough. This will kill you."