Nicolle Wallace slams 'state-run media' at Fox News over disgraced Nunes memo
MSNBC anchor Nicolle Wallace.

MSNBC anchor Nicolle Wallace focused on the role of Fox News in the scandal of the controversial memo by Congressman Devin Nunes (R-CA) on Friday.

"For those of us at a certain age, we remember the big nothing-burger of Geraldo [Rivera] and Al Capone's safe. This memo is like Al Capone's safe and Geraldo, it's a big nothing," Republican strategist Steve Schmidt explained.

"The difference is when when Geraldo opened the safe and there was nothing there, back in those days there wasn't a TV network dedicated to telling you that, in fact, there was great treasure in the empty safe," Schmidt noted.

"Geraldo was ironically on Sean Hannity's show yesterday, I understand the two men are friends," Wallace noted. "He said, 'gosh, Sean, if you were in the media when Nixon was president, he never would have been impeached -- if he had you, he would have served out his whole term.'"

"This idea that with a media -- a wing of the media -- state-run media essentially functioning to sort of obscure and cover up and distort the reality, how does an FBI -- how does the FBI protect the FISA process moving forward from a president totally willing to declassify and hand over to Fox News?" Wallace wondered.

"By the way, Fox News got this before any other news organization, so there wasn't even a pretense of releasing the memo for the public good or for all citizens, simply to the viewers of Fox News," Wallace noted.

"I think Steve is absolutely right, Donald Trump has succeeded here," NBC News intelligence and national security reporter Ken Dilanian suggested.

"House Republicans -- we can all call it a bust and analyze the heck out of it -- the bottom line is the thirty, forty percent of the population that wants to hear this, a top secret document they want the Mueller investigation invalid, they've got that now," Dilanian concluded.