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Speaker 1: The money's going to be paid directly to the people,

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Speaker 1: so it goes directly, not to the companies, not to

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Speaker 1: the insurance companies, going to go directly to the people,

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Speaker 1: and the people.

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Speaker 2: Are going to buy their own healthcare.

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Speaker 1: He'll get much better healthcare.

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Speaker 3: And you're listening to the forty seven Morning Update with

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Speaker 3: Ben Ferguson.

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Speaker 2: Good Saturday morning to you. Ben Ferguson with you, and

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Speaker 2: these are some of the stories that you may have

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Speaker 2: missed that we talked about this week on the forty

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Speaker 2: seven Morning Update. First up, in a shocking news event

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Speaker 2: on Sunday night, the FED Chair Jerome Powell says he's

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Speaker 2: under criminal investigation and also put out an unprecedented video

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Speaker 2: from the FED saying he will not bow to the

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Speaker 2: Trump administration and his intimidation. Also, President Donald Trump is

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Speaker 2: pledging to uncover leftist groups that are countering ICE agents.

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Speaker 2: We're seeing it happen all over the country. And the

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Speaker 2: anti ice mobs well there anything but organic. So who

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Speaker 2: is financing them? That coming up as well. But first

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Speaker 2: I want to tell you about an amazing opportunity right

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Speaker 2: after class after class at Hillsdale College. Hillsdale College is

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Speaker 2: the US Constitution, the rise and fall of the Roman Republic,

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Speaker 2: Morning Update. It's the forty seven Morning Update and it

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Speaker 2: starts right now.

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Speaker 3: Story number one.

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Speaker 2: We are now learning President Trump's administration has opened a

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Speaker 2: criminal probe into the FED chair Jerome Powell, the Central

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Speaker 2: Bank chair, has condemned what he's describing as intimidation following

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Speaker 2: grand jury subpoenuts. President Trump's administration opening the criminal investigation

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Speaker 2: into the Federal Reserve chairman in a development set to

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Speaker 2: heighten concerns about the quote independence of the US monetary policy.

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Speaker 2: That is, how the left in the media are spending

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Speaker 2: it already. Powell is set on Sunday that the Central

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Speaker 2: Bank has been served with grand jury subpoenuts related to

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Speaker 2: his own testimony about the renovation to the Fed's headquarters

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Speaker 2: in Washington, d C. Quote. The threat of criminal charges

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Speaker 2: is a consequence of the Federal Reserve setting interest rates

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Speaker 2: based on our best assessment of what will serve the public,

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Speaker 2: rather than following the preferences of the President, Palell said

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Speaker 2: in a rare video message, he said, this is about

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Speaker 2: where the FED will be able to continue to set

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Speaker 2: interest rates based on evidence and economic conditions, or whether

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Speaker 2: instead monetary policy will be directed by political pressure and intimidation.

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Speaker 2: That is again the FED Chairman's own words. Now the

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Speaker 2: federal prosecutors opening the criminal investigation confirming it Sunday evening

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Speaker 2: as well, Powell said that the probe was the result

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Speaker 2: of just what he said, basically a political attack on him.

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Speaker 2: Said that on Friday, the Department of Justice served the

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Speaker 2: Federal Reserve with the grand jury subpoenas threatening the criminal

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Speaker 2: indictment related to my testimony. In fact, here is Jerome

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Speaker 2: Powell in his own words and a shocking video he released.

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Speaker 4: On Friday, the Department of Justice served the Federal Reserve

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Speaker 4: with grand jury subpoenas threatening a criminal indictment related to

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Speaker 4: my testimony before the Senate Banking Committee last June. That

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Speaker 4: testimony concerned, in part, a multi year project to renovate

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Speaker 4: historic Federal Reserve office buildings. I have deep respect for

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Speaker 4: the rule of law and for accountability in our democracy.

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Speaker 4: No one, certainly not the chair of the Federal Reserve,

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Speaker 4: is above the law. But this unprecedented action should be

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Speaker 4: seen in the broader context of the administration's threats and

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Speaker 4: ongoing pressure. This new threat is not about my testimony

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Speaker 4: last June or about the renovation of the Federal Reserve buildings.

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Speaker 4: It is not about Congress's oversight. Rule. Testimony and other

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Speaker 4: public disclosures made every effort to keep Congress informed about

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Speaker 4: the renovation project. Those are pretexts. The threat of criminal

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Speaker 4: charges is a consequence of the Federal Reserve setting interest

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Speaker 4: rates based on our best assessment of what will serve

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Speaker 4: the public, rather than following the preferences of the President.

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Speaker 4: This is about whether the Fed will be able to

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Speaker 4: continue to set interest rates based on evidence and economic conditions,

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Speaker 4: or whether instead monetary policy will be directed by political

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Speaker 4: pressure or intimidation. I have served at the Federal Reserve

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Speaker 4: under four administrations, Republicans and Democrats alike. In every case,

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Speaker 4: I have carried out my duties without political fear or favor,

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Speaker 4: focused solely on our mandate of price stability and maximum employment.

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Speaker 4: Public service sometimes requires standing firm in the face of threats.

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Speaker 4: I will continue to do the job the Senate confirmed

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Speaker 4: me to do with integrity and a commitment to serving

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Speaker 4: the American people. Thank you.

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Speaker 2: It is a shocking move for the Federal Reserve to

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Speaker 2: put out a video like this. A person familiar with

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Speaker 2: the investigation also telling CNBC that they would not dispute

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Speaker 2: the idea that the probe of Pal is related to

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Speaker 2: the building renovation and his testimony to Congress, saying, quote,

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Speaker 2: I have deep respect for the rule of law and

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Speaker 2: for accountability in our democracy. But as you heard again,

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Speaker 2: Pal say, no one, certainly not the Chair of the

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Speaker 2: Federal Reserve is above the law. But this unprecedent action

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Speaker 2: should be seen in the broader context of the administration's

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Speaker 2: threat and ongoing pressure. No one, certainly not. The Chair

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Speaker 2: of the Federal Reserve is above the law, saying it

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Speaker 2: not once, but you heard there twice, and he says

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Speaker 2: that this is a new threat now. The New York

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Speaker 2: Times was the first to report the probe, citing officials

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Speaker 2: briefed on the matter. The investigation is also being over

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Speaker 2: scene by the US Attorney's Office for the District of Columbia.

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Speaker 2: According to the newspaper, the office is led by the

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Speaker 2: US Attorney you know, hers, Judge Janee, a former New

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Speaker 2: York state prosecutor former Fox News host who was appointed

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Speaker 2: to that job by President Donald Trump. Trump has repeatedly

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Speaker 2: blasted Powell for the FED not cutting interest rates as

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Speaker 2: much and as quickly as the President is demanded since

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Speaker 2: ining the White House in January of twenty twenty five.

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Speaker 2: The White House, by the way, not commenting at this moment,

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Speaker 2: referring questions about the probe to the Department of Justice.

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Speaker 2: But if you look at the investigation, it does actually

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Speaker 2: just seem to be about one thing. Did Powell lie

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Speaker 2: to Congress about the renovations which became a flashpoint of

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Speaker 2: the Federal Reserve building and those ongoing well renovations that

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Speaker 2: the President has criticized. A DOJ spokesperson in a statement

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Speaker 2: to c NBC without saying the comment was about Pals

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Speaker 2: that quote, the Attorney General has instructed her US attorneys

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Speaker 2: to prioritize investigating any abuse of taxpayer dollars. So maybe

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Speaker 2: to the media, take a step back. Maybe the media

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Speaker 2: you should look at the facts, and maybe the media

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Speaker 2: you should stop jumping to conclusions and realize this maybe

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Speaker 2: is not about interest rates. But maybe his own testimony

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Speaker 2: and what he said to Congress will keep covering it.

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Speaker 2: My bet is the President's probably going to be right

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Speaker 2: on this one yet again. Now story number two, President

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Speaker 2: Donald Trump has come out and pledged to uncover the

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Speaker 2: leftist groups that are countering ICE all over the country.

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Speaker 2: President Trump said that he believes the woman that was

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Speaker 2: fatally shot by a US Immigration and Customs enforcement officer

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Speaker 2: in Minneapolis last week may have been a professional agitator,

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Speaker 2: in indicator that the government will uncover the funding sources

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Speaker 2: behind such anti law enforcement agitation nationwide. Here's the President

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Speaker 2: in his own words.

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Speaker 1: The woman and her friend were highly disrespectful of law enforcement.

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Speaker 1: You saw that they were harassing that were following for

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Speaker 1: days and for hours, and I think, frankly, they're professional agitators,

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Speaker 1: and I'd like to find out and we are going

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Speaker 1: to find out who's paying for it with their brand

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Speaker 1: new designs and all the different things. But these are

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Speaker 1: professional agitators, and law enforcement should not be in a

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Speaker 1: position where they have to put up with this stuff.

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Speaker 1: What that woman and what her friend and what their

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Speaker 1: other friends were doing to law enforcement, not just ICE,

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Speaker 1: law enforcement is outrageous.

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Speaker 2: The President added that he would like to find out,

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Speaker 2: and we're going to find out who's paying for it.

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Speaker 2: With their brand new signs and all the different things.

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Speaker 2: These are professional agitators and law enforcements should not be

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Speaker 2: in a position where they have to put up with

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Speaker 2: this stuff. What that woman and what her friend and

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Speaker 2: what their other friends are doing to law enforcement, not

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Speaker 2: just ICE, law enforcement is outrageous. The US Department of

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Speaker 2: Homeland Security retweeting a post in which rep Republican Representative

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Speaker 2: Lance Couden of Texas asserted that the anti ICE protesters

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Speaker 2: are actually all just being paid for saying, quote the

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Speaker 2: anti ICE mobs or anything but organic dark money is

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Speaker 2: bankrolling these far left groups like ice Watch and Lighting

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Speaker 2: the Fuse. Americans deserve to know who's cutting the checks,

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Speaker 2: the lawmaker said in his post. A person weaponizing their

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Speaker 2: vehicle against law enforcement is unacceptable, and we're witnessing it.

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Speaker 2: Happen all over the country. Fox News having even more

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Speaker 2: on this, and here's what they said.

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Speaker 3: Right now, DHS is deploying hundreds of more federal agents

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Speaker 3: to Minnesota as violent anti ice protests continues to rise

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Speaker 3: in the state.

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Speaker 5: Matt Finn joins us Live in Minneapolis with the details.

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Speaker 6: Hey, Matt hi Ainsley, DHS sources tell us up to

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Speaker 6: one thousand additional federal officers could surge at Minneapolis here.

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Speaker 6: That's on top of the already two thousand agents on

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Speaker 6: the ground. And this comes as DHS Secretary Christy Noum

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Speaker 6: is defending her assessment of the Renee Good shooting.

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Speaker 5: If you look at what the definition of domestic terrorism is,

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Speaker 5: it completely fits the situation on the ground. This individual,

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Speaker 5: as you saw in the video that we released just

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Speaker 5: forty eight hours after this incident, showed that this officer

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Speaker 5: was hit by her vehicle, she weaponized it, and he

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Speaker 5: defended his life and those colleagues around him and the public.

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Speaker 6: But the Democratic Mayor of Minneapolis, Jacob Frye, disagrees and

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Speaker 6: is slamming Secretary Noum.

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Speaker 7: It sounds like she doesn't believe a single word that

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Speaker 7: she is saying right now. Here's the thing she's calling

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Speaker 7: Minneapolis like this dystopian hell hole. You know how many

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Speaker 7: shootings we've had so far this year, two and one

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Speaker 7: of them was Ice. Two shootings in a large city

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Speaker 7: so far this entire year, and one of them is Ice.

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Speaker 7: This is a safe city, Ice and Christy Noman, everything

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Speaker 7: they're doing is making it far less safe.

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Speaker 6: And there's new video leading up to the moments of

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Speaker 6: Renee goods shooting death by an ICE agent on Wednesday.

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Speaker 6: The video appears to show goods suv partially blocking the street,

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Speaker 6: honking her horn and apparently dancing in the driver's seat.

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Speaker 6: Border Patrol tells us it's dangerous for agents to be

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Speaker 6: blocked in by a car because there are so many

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Speaker 6: anti ICE agitators who quickly surround them. A new video

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Speaker 6: from last night apparently shows federal agents using crowd control

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Speaker 6: tactics firing tear gas and pepper balls at protesters outside

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Speaker 6: the federal building where ICE detainees are being held. An

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Speaker 6: independent photographer who was there says protesters try to stop

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Speaker 6: traffic in and out of the federal facility and they

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Speaker 6: were met with forces. Now this is happening in a

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Speaker 6: city where the mayor has told ICE to get the

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Speaker 6: f out, and highly organized anti ICE activists are patrolling

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Speaker 6: the neighborhoods. We ask Border Patrol during a ride along

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Speaker 6: if any of this is going to.

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Speaker 8: Deter them, Absolutely not. We're out here to do a

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Speaker 8: job and we're not going to stop until it's done.

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Speaker 8: If a mayor wants to say something that he's not

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Speaker 8: not for us, if anybody wants to say that they're

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Speaker 8: not for us, that is not going to stop what

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Speaker 8: we're doing in Minneapolis or anywhere across the country.

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Speaker 6: And that was during a ride along with Border Patrol.

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Speaker 6: Have to say, driving around the city, as soon as

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Speaker 6: they get out of their cars, they're met with people

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Speaker 6: who have those ear piercing whistles, of people, you know,

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Speaker 6: resisting trying to surround the cars. There is really a

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Speaker 6: highly organized anti ICE, anti border patrol network here on

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Speaker 6: the ground in the Twin Cities.

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Speaker 2: It's clear the President United States of America wants to

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Speaker 2: find out exactly who is weaponizing the these individuals to

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Speaker 2: go after ICE agents. And you can see it there

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Speaker 2: as ICE put out saying these individuals are impeding law

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Speaker 2: enforcement and they're weaponizing their vehicles against ICE. The officer

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Speaker 2: in this shooting was dutifully acted in self defense. That

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Speaker 2: is what the DHD Assistant Secretary for Public Affairs, Tricia

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Speaker 2: McLaughlin said on X When Thing's for sure, the President

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Speaker 2: now has made it clear, we're going to find out

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Speaker 2: exactly who's paying these individuals and what group is behind them.

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Speaker 3: Thank you for listening to the forty seven Morning Update

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Speaker 3: with Ben Ferguson. Please make sure you hit subscribe wherever

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Speaker 3: you're listening to this podcast right now and for more

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Speaker 3: in depth news, also subscribe to the Ben Ferguson podcast

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Speaker 3: and we will see you back here on Monday morning