"Fox News Sunday" host Chris Wallace said it's not premature for President Trump to take a "victory" lap" after Special Counsel Robert Mueller concluded his probe, which found no evidence of collusion between the Trump campaign and Russia.

In his first major rally since Mueller cleared him of any collusion with Russia, Trump took the stage before a boisterous full house at the Van Andel Arena in Grand Rapids, Michigan, Thursday night -- and proceeded to tear into Democrats and the FBI as unintelligent "frauds" who tried desperately to undermine the results of the 2016 election.

"The Democrats have to now decide whether they will continue defrauding the public with ridiculous bulls***," Trump said to thunderous applause, "-- partisan investigations, or whether they will apologize to the American people."

On "America's Newsroom" Friday, Wallace said Trump's supporters will find his fiery rhetoric "invigorating" while his detractors will see it as "horrifying."

"He's taking a victory lap. Some people have been saying, 'Well, is it premature?' No," Wallace said. "He got a completely clean bill of health when it came to collusion and a kind of mixed clean bill of health when it came obstruction. But no reason he shouldn't play this for all it's worth."

He said that some Democrats -- such as House Intelligence Committee Chairman Adam Schiff (D-Calif.) -- will continue to "go after" Trump, but party leaders like House Speaker Nancy Pelosi (D-Calif.) realize that they need to "pivot" to the issues that impact everyday Americans' lives.

Watch more from Wallace above.

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