Chris Wallace: Impeachment hearings 'an utterly polarized, utterly partisan exercise'

Chris Wallace: Impeachment hearings 'an utterly polarized, utterly partisan exercise'
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"Fox News Sunday" anchor Chris WallaceChristopher (Chris) WallaceRepublicans, Democrats brace for first public testimony in impeachment inquiry Intelligence panel Democrat: 'I think we will end up calling' some witnesses on GOP list Intelligence panel Republican: 'How we treat this whistleblower will impact whistleblowers in the future' MORE called impeachment hearings of President TrumpDonald John TrumpTrump faces high stakes in meeting with Erdoğan amid impeachment drama Democrats worry they don't have right candidate to beat Trump Trump threatening to fire Mulvaney: report MORE “an utterly polarized, utterly partisan exercise” because neither side is budging in their convictions.

“Democrats obviously think it’s quite incriminating. Republicans think it isn’t. But that’s really the bottom line. It hasn’t changed anything,” Wallace told Fox's "America's Newsroom" on Friday morning.

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"This is still an utterly polarized, utterly partisan exercise. No Republicans are jumping ship and joining the Democrats. No particular Democrats are jumping ship and joining the Republicans," he continued. "These two camps are locked in place and it seems that nothing that is being presented is changing either side.”

Wallace also weighed in on former New York mayor and billionaire businessman Michael BloombergMichael Rubens BloombergDemocrats worry they don't have right candidate to beat Trump Founder's presidential bid puts Bloomberg News in spotlight Bloomberg files for Democratic presidential primary in Arkansas MORE's expected entrance into the 2020 race by offering to cover a hypothetical match-up between Bloomberg and Trump for free. Earlier Friday, Trump referred to the former mayor diminutively, calling him "Little Michael" and predicted "he's not going to do well" in seeking the Democratic nomination. 

"What interested me most were [Trump's] comments about Michael Bloomberg," Wallace said. "Most of the stuff about impeachment we’ve in some way, shape we’ve heard before."

"The news in the last 24 hours that the former mayor of New York City might enter the race as a Democrat, and the president welcomed him with a few well-chosen barbs," he continued. "He called him 'Little Mike.' He already has his nickname and said, 'I would love to run against him.' "

"The battle is joined potentially. We don’t know that Bloomberg will get in," Wallace concluded. "The battle of the two New York billionaires, man, I would cover this one for free. Don’t believe me but I would.” 

Bloomberg is expected to enter the race soon after preparing to file paperwork to enter the Alabama primary ahead of the filing deadline on Friday.