Fox News cuts from Trump's latest White House mini-rally to timidly defend Barack Obama

President Trump held another campaign-style event at the White House on Thursday, this time on the South Lawn, where two trucks and a crane were brought in to illustrate his assertion that regulation is bad.

Regulations to ensure fair housing are bad, Trump specified, as are those aimed at conserving water and electricity.

Trump's claims about the costs of regulations, and the number imposed by his predecessor, President Barack Obama, were so misleading that Fox News host anchor Neil Cavuto cut in to almost apologetically set the record straight.

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Fair and balanced and all that.