Fox News's Chris Wallace: Parts of Mueller report 'damaging' and 'politically embarrassing' for Trump

Fox News host Chris Wallace said Thursday that some contents of the recently released report from special counsel Robert MuellerRobert (Bob) Swan MuellerTrump says he'll release financial records before election, knocks Dems' efforts House impeachment hearings: The witch hunt continues Speier says impeachment inquiry shows 'very strong case of bribery' by Trump MORE are “damaging” and “politically embarrassing” for President TrumpDonald John TrumpWatergate prosecutor says that Sondland testimony was 'tipping point' for Trump In private moment with Trump, Justice Kennedy pushed for Kavanaugh Supreme Court nomination: book Obama: 'Everybody needs to chill out' about differences between 2020 candidates MORE.

Speaking on Fox News just hours after the highly anticipated report was released with some redactions, Wallace gave his initial reaction to Mueller’s findings. 

“I would have to say, reading this report, there is a lot of stuff in here that is damaging to the president, politically embarrassing to the president,” Wallace said.

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Wallace pointed specifically to Trump's directions to allies as described in the report as potentially damaging for the president.

“He directs various people — his White House counsel Don McGahn, his former campaign manager Cory Lewandowski, other people — to interfere, to try to stop the Mueller investigation, but it never actually happens,” Wallace said.

Wallace added that while Democrats will likely use the report to continue investigating Trump and holding hearings, he said he does not see enough in the report to support an impeachment attempt.

“I don’t see much of a basis here for impeachment, and certainly not enough, because you have Nancy PelosiNancy PelosiOvernight Defense — Presented by Boeing — Deal on defense bill proves elusive | Hill, Holmes offer damaging testimony | Trump vows to block Navy from ousting officer from SEALs On The Money: Trump signs short-term spending bill to avoid shutdown | Pelosi casts doubt on USMCA deal in 2019 | California high court strikes down law targeting Trump tax returns Wasserman Schultz makes bid for House Appropriations Committee gavel MORE say repeatedly [impeachment] cannot be a purely partisan investigation, there has to be Republican buy-in,” he said, referring to the Speaker of the House, a Democrat from California. “I don’t see the kind of damaging, new smoking-gun information that would get a lot of Republicans to suddenly jump ship and say ‘you know what, this is so far over the line we are going to support an impeachment proceeding against the president.’”

Earlier in the day, Wallace knocked Attorney General William BarrWilliam Pelham BarrThe truth about presidential power GOP rep predicts watchdog report on alleged FISA abuses will find 'problems' Barr defends Trump's use of executive authority, slams impeachment hearings MORE for his handling of the Mueller report rollout, saying the attorney general sounded more like a counselor to Trump than the nation's attorney general during a press conference before the report was released publicly.

During the press conference, Barr said Mueller’s report served as vindication for Trump against allegations he colluded with Russian officials to influence the 2016 election. Barr also said that while Mueller did not reach a conclusion on whether Trump obstructed justice, he and Deputy Attorney General Rod RosensteinRod RosensteinDemocrats ask judge to force McGahn to comply with subpoena Democrats ask court to force DOJ's hand on Mueller grand jury materials Washington celebrates diplomacy — and baseball — at Meridian Ball MORE concluded based on the report that there was not substantial evidence to bring an obstruction charge.

Trump has celebrated the report, saying it proved “No collusion” and “No obstruction.”