In the bombshell new book, Clinton Cash, author Peter Schweizer alleges that while serving as secretary of state, Hillary Clinton did favors for foreign governments and groups in exchange for cash.

The money allegedly came in the form of huge speaking fees for former President Bill Clinton and donations to the Clintons' foundation.

Responding for the first time last night, Clinton dismissed the book's claims as the usual political distractions and "attacks."

"Well, we're back into the political season and therefore we will be subjected to all kinds of distractions and attacks and I'm ready for that. I know that that comes unfortunately with the territory. It is, I think, worth noting that the Republicans seem to be talking only about me. I don't know what they would be talking about if I weren't in the race, but I am in the race, and hopefully we'll be able to get on to the issues and I look forward to that," said Clinton.

John Podesta, the chairman of Clinton's presidential campaign, claimed the book contains nothing new and is filled with "conspiracy theories."

On "The Kelly File," Megyn sat down with Judge Andrew Napolitano to discuss the potential legal ramifications for Clinton.

Napolitano likened the allegations to the recent "quid pro quo" indictment of Sen. Robert Menendez (D-NJ) by the Obama administration.

He pointed out that Menendez was charged with corruption over Medicare reimbursements and travel visas, while the claims against Clinton involve the "foreign policy and arguably the security of the nation."

"If the version of the book that we have read stands up under scrutiny, the Justice Department must commence a criminal investigation of Mrs. Clinton's behavior during the period about which the book was written," said Napolitano.

Megyn Kelly said that one would need to be "incredibly cynical" to believe that Clinton was changing U.S. policy in order to line her pockets.

"You would have to believe that Barack Obama put a public servant in there who cared much more about herself and her own wallet than she did about the American people," said Kelly.

Napolitano answered that Clinton is already known to have kept her emails secret "contrary to the law."

Watch the full discussion above and tune in tonight at 9p/12a ET for much more analysis on "The Kelly File."

Don't miss the powerful "Fox News Reporting" special, anchored by Bret Baier, that follows the Clinton money trail. Tune in to "The Tangled Clinton Web," Friday night at 10p ET on Fox News Channel.

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