On yesterday’s Your World, Rep. Steny Hoyer (D-MD) spoke with Neil Cavuto about two straight days of big losses on Wall Street. Cavuto “asked” Hoyer, “Do you think the President bears any blame? In that all of these scandals, whether of his own doing or the White House’s doing and I guess the investigations, we’ll get to the bottom of each and all, that it’s cast a pall. …They’re each their own cases, I grant you, but it does sort of frustrate Americans who think that at the very least he’s out to lunch and at worst he’s behind this?”

Hoyer shook his head “No I don’t think so, Neil. I frankly think this lack of confidence, this uncertainty predates, I don’t call them scandals. I think some people made very bad mistakes and did wrong at the IRS. I don’t think it had anything to do with the White House. I frankly don’t think it had anything to do with Washington. There’s no proof that testimony or otherwise that Washington were involved in what happened with the IRS.”

But Cavuto might want to check his very own Fox Business for answers. An article by reporter Adam Samson states in the first paragraph that  the reasons for the 354-point drop in yesterday’s Dow Jones Industrial Average (after losing 200+ points the day before) were “Concerns about the strength of the global economy, and a potential end to Fed bond purchases.”