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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) MuellerCNN's Toobin warns McCabe is in 'perilous condition' with emboldened Trump CNN anchor rips Trump over Stone while evoking Clinton-Lynch tarmac meeting The Hill's 12:30 Report: New Hampshire fallout MORE are “damaging” and “politically embarrassing” for President TrumpDonald John TrumpGeraldo Rivera on Trump sowing election result doubts: 'Enough is enough now' Murkowski: Trump should concede White House race Scott Atlas resigns as coronavirus adviser to Trump 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 Health Care: Moderna to apply for emergency use authorization for COVID-19 vaccine candidate | Hospitals brace for COVID-19 surge | US more than doubles highest number of monthly COVID-19 cases House Democrats urge congressional leaders to support .1B budget for IRS Bipartisan Senate group holding coronavirus relief talks amid stalemate 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 BarrBill BarrNew DOJ rule could allow executions by electrocution, firing squad Clyburn: Biden falling short on naming Black figures to top posts Five federal inmates scheduled for execution before Inauguration Day 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 RosensteinTrump turns his ire toward Cabinet members Ex-deputy attorney general says Justice Dept. 'will ignore' Trump's threats against political rivals The Hill's Morning Report - Sponsored by Facebook - Trump's erratic tweets upend stimulus talks; COVID-19 spreads in White House 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.”