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) WallaceTrump lawyer: Abuse of power, obstruction articles 'have not fared well' Jeffries: Calling new witnesses for Senate trial part of following the 'Clinton model' Graham: Immediate dismissal of impeachment articles 'dead for practical purposes' MORE called impeachment hearings of President TrumpDonald John TrumpRouhani says Iran will never seek nuclear weapons Trump downplays seriousness of injuries in Iran attack after US soldiers treated for concussions Trump says Bloomberg is 'wasting his money' on 2020 campaign 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 BloombergSanders joins Biden atop 2020 Democratic field: poll Trump says Bloomberg is 'wasting his money' on 2020 campaign The Hill's Morning Report - Trump trial begins with clashes, concessions 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.