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Sen. Bernie Sanders (I-Vt.) hosted a nationally televised town hall focused on income inequality, joined by Sen. Elizabeth Warren (D-Mass.) and filmmaker Michael Moore.

Sanders, who won 23 states in the Democratic primaries in 2016, took on "the rise of oligarchy and the collapse of the middle class."

On "Fox & Friends" on Tuesday, Fox Business Network's Charles Payne called out the "hypocrisy" of millionaires like Sanders, Warren and Moore lecturing others about wealth and inequality.

"I think a lot of these elitists like that really believe that their millions are part of their ability or their need to come to our rescue. They probably should be rewarded because they're going to help the rest of us get our life in order and get our country in order," Payne said.

He added that many of the worst places for income inequality in the U.S. are areas where progressives have long been in control.

"Everywhere they've been able to put in their tax policies, their regulatory policies, their other kind of policies, all you have seen is the gap get wider."

Moore said the level of greed by the wealthy is "crazy," while Warren, who recently said she will not run for president in 2020, blasted an "organized effort to simply take over our government" so it works for the richest Americans.

According to Huffington Post, the live broadcast drew an estimated 1.7 million viewers online and followed a similar Sanders event on single-payer health care in January. 

Sanders said the event was aimed at focusing attention on "extreme poverty" in America, the decline of the middle class and who "has the power" in the United States.

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