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In tonight's Talking Points, Bill O'Reilly weighed in on Donald Trump's new strategy -- to focus on Hillary Clinton's continuing email and foundation controversies.

O'Reilly said Trump wants to "demonize" Clinton with "the corruption label" and demand that an independent prosecutor be assigned to investigate the Clinton Foundation and the new email dump.

But he said that Clinton's strategy, which she used on Jimmy Kimmel's show last night, "not to run from the controversies, but to underplay them" is a smart one.

"Mrs. Clinton well understands that her base doesn't care very much about the email or foundation situations and her campaign is hoping that independent voters are tired of it as well.

"All in all, this presidential campaign is nasty, and will get worse."

Watch the full memo above.

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