1 00:00:01,480 --> 00:00:06,960 Speaker 1: Over fifty Texas House Democrats, including sixty two members total 2 00:00:07,000 --> 00:00:11,600 Speaker 1: in the lower chamber, have left Texas, traveling to Illinois, 3 00:00:11,760 --> 00:00:15,320 Speaker 1: New York, and Massachusetts. Well, at least they're consistent up 4 00:00:15,360 --> 00:00:20,640 Speaker 1: there being sanctuary states and cities. Why to deny quorum 5 00:00:20,880 --> 00:00:25,520 Speaker 1: and block a GOP back congressional redistricting plan that would 6 00:00:25,600 --> 00:00:29,200 Speaker 1: likely add up to five new Republican leaning US House seats, 7 00:00:29,680 --> 00:00:32,360 Speaker 1: That is the claim by Democrats and why they're now 8 00:00:32,400 --> 00:00:37,400 Speaker 1: fleeing the state now. This strategy mirrors previous walkouts in 9 00:00:37,440 --> 00:00:40,479 Speaker 1: twenty twenty one and in two thousand and three in Texas, 10 00:00:40,880 --> 00:00:44,920 Speaker 1: where the quorum rules were used to slow down legislation. 11 00:00:45,760 --> 00:00:50,000 Speaker 1: Governor Greg Abbott has now responded, issuing a three pm 12 00:00:50,120 --> 00:00:56,360 Speaker 1: Monday ultimatum for Democrats to return or face serious consequences. 13 00:00:56,840 --> 00:00:59,880 Speaker 1: He threatened to quote invoke a twenty twenty one Age 14 00:01:00,240 --> 00:01:05,039 Speaker 1: opinion allowing courts to clear seats vacant due to intentional 15 00:01:05,160 --> 00:01:09,919 Speaker 1: quote abandonment of office. He also could seek civil arrest 16 00:01:10,000 --> 00:01:15,400 Speaker 1: warrants for absent members, valid only however, inside of Texas, 17 00:01:15,480 --> 00:01:20,360 Speaker 1: which is why so many Democrats have fled to liberal states. Also, 18 00:01:20,640 --> 00:01:25,600 Speaker 1: he can investigate potential felony charges. For fundraising to pay 19 00:01:25,680 --> 00:01:28,920 Speaker 1: the five hundred dollars a day fines that are being 20 00:01:29,000 --> 00:01:33,640 Speaker 1: imposed by the House rules. Now, the Texas House passed 21 00:01:33,640 --> 00:01:37,960 Speaker 1: an eighty five to six vote authorizing the Sergeant in 22 00:01:38,120 --> 00:01:41,800 Speaker 1: Arms to issue civil arrest warrants for those that were 23 00:01:41,840 --> 00:01:46,720 Speaker 1: purposely absent. Now. Breaking quorum, by the way, is not 24 00:01:46,760 --> 00:01:53,760 Speaker 1: a crime, making extradition impossible. Abbott cannot legally compel lawmakers 25 00:01:53,760 --> 00:01:57,920 Speaker 1: to return from other states directly, is what is being 26 00:01:57,960 --> 00:02:02,920 Speaker 1: said now by Politico. Declarations of vacancy would require individual 27 00:02:02,960 --> 00:02:08,200 Speaker 1: court action in each lawmaker's district, potentially years of litigation, 28 00:02:08,840 --> 00:02:12,320 Speaker 1: and would delay redistricting beyond the December twenty twenty five 29 00:02:12,480 --> 00:02:17,239 Speaker 1: deadline for the twenty twenty six primaries. And that's exactly 30 00:02:17,400 --> 00:02:22,400 Speaker 1: why Democrats are playing this game. Texas Democrats maintain they 31 00:02:22,440 --> 00:02:26,680 Speaker 1: are quote standing up for democratic norms, not running away. 32 00:02:27,400 --> 00:02:30,280 Speaker 1: You can decide how ridiculous they actually are in your 33 00:02:30,320 --> 00:02:34,400 Speaker 1: own minds. But many of the representatives are now taking 34 00:02:34,600 --> 00:02:40,880 Speaker 1: more heat. Why because they are prioritizing the Democrats' agenda 35 00:02:41,160 --> 00:02:45,160 Speaker 1: over prioritizing flood relief. Yes, that was one of the 36 00:02:45,160 --> 00:02:48,480 Speaker 1: issues on the table that they're now fleeing from. I'll 37 00:02:48,480 --> 00:02:51,840 Speaker 1: give you just another example of also how many liberal 38 00:02:51,919 --> 00:02:56,320 Speaker 1: cities are helping them and states. The Illinois governor Pritzker 39 00:02:56,880 --> 00:03:00,919 Speaker 1: publicly back to the lawmakers' actions, calling them a courageous 40 00:03:01,480 --> 00:03:06,720 Speaker 1: defense of democracy and saying welcome to Illinois. Democrats are 41 00:03:06,800 --> 00:03:11,799 Speaker 1: characterizing the Governor of Texas Abbot's threats as quote smoking mirrors, 42 00:03:12,200 --> 00:03:16,559 Speaker 1: pointing out that constitutional tools like quorum breaks are legitimate 43 00:03:16,639 --> 00:03:21,080 Speaker 1: devices they say to use under Texas law. 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Ask about today's 73 00:05:14,279 --> 00:05:18,240 Speaker 1: unique market window and how the current silver to gold 74 00:05:18,320 --> 00:05:21,839 Speaker 1: ratio might work in your favor. Protect what matters, plan 75 00:05:21,960 --> 00:05:26,440 Speaker 1: with clarity k e PM dot com slash ben or 76 00:05:27,040 --> 00:05:31,159 Speaker 1: seven two zero six O five thirty nine hundred. That's 77 00:05:31,200 --> 00:05:35,520 Speaker 1: seven two zero six O five thirty nine hundred. Kurt 78 00:05:35,520 --> 00:05:39,880 Speaker 1: Elliott Precious Medals, Smarter Metal Investing starts with them. 79 00:05:40,200 --> 00:05:40,360 Speaker 2: Now. 80 00:05:40,400 --> 00:05:43,560 Speaker 1: Greg Abbott, the Text governor, he's not playing around at 81 00:05:43,640 --> 00:05:46,479 Speaker 1: all with what the Democrats are doing. In fact, he 82 00:05:46,560 --> 00:05:49,680 Speaker 1: gave them a three pm deadline to get back to 83 00:05:50,160 --> 00:05:54,320 Speaker 1: the House chambers. The Democrats did not comply, And after 84 00:05:54,360 --> 00:05:56,640 Speaker 1: that he sat down with Sean Hannity on his show 85 00:05:56,680 --> 00:05:59,360 Speaker 1: on Fox News, and I want you to hear exactly 86 00:05:59,400 --> 00:06:00,760 Speaker 1: what the governor had to say. 87 00:06:02,000 --> 00:06:05,960 Speaker 2: Very latest from Austin is Texas Governor, Greg Abbott, Governor. 88 00:06:06,279 --> 00:06:09,120 Speaker 2: When I look, I have a whole sheet here of 89 00:06:09,200 --> 00:06:12,839 Speaker 2: every single Democratic state and it's just like the examples 90 00:06:12,839 --> 00:06:16,880 Speaker 2: I put up there. They have jerry mandered their states 91 00:06:17,000 --> 00:06:21,159 Speaker 2: left right, sideways. They're saying, well, they're going to do 92 00:06:21,320 --> 00:06:25,719 Speaker 2: to their states what you're doing in Texas. They already 93 00:06:25,800 --> 00:06:29,240 Speaker 2: did it in all of these blue states. Frankly, Republicans 94 00:06:29,360 --> 00:06:31,000 Speaker 2: should have caught up a long time ago. 95 00:06:31,600 --> 00:06:33,919 Speaker 3: Well, Sean, first of all, Texas is doing what we 96 00:06:33,960 --> 00:06:36,640 Speaker 3: are allowed to by the law. And one reason why 97 00:06:36,680 --> 00:06:38,640 Speaker 3: that law exists the way that it does is because 98 00:06:38,680 --> 00:06:42,400 Speaker 3: the Democrats brought a lawsuit after our last redistricting and 99 00:06:42,480 --> 00:06:45,320 Speaker 3: that decision, and that lawsuit came out last year, and 100 00:06:45,360 --> 00:06:49,599 Speaker 3: that lawsuit recognized that coalition districts are not required, and 101 00:06:49,680 --> 00:06:52,440 Speaker 3: so Texas has a right to readraw these lines to 102 00:06:52,640 --> 00:06:56,159 Speaker 3: fully represent the desires of every voter in the state. 103 00:06:56,480 --> 00:06:58,800 Speaker 3: But Sean, that misses the point here. The point here 104 00:06:58,839 --> 00:07:02,000 Speaker 3: is that Democrats have done something that's very untexed. They've 105 00:07:02,000 --> 00:07:04,360 Speaker 3: turned their backs on their fellow Texans. When it came 106 00:07:04,400 --> 00:07:07,320 Speaker 3: to a fight, they turn and ran away. Not just 107 00:07:07,440 --> 00:07:11,360 Speaker 3: from this redistricting fight, they ran away from dealing with 108 00:07:11,480 --> 00:07:15,800 Speaker 3: the flooding issues that they are still echoing across the 109 00:07:15,880 --> 00:07:20,160 Speaker 3: Curveville area. Families desperately need results from the state legislature 110 00:07:20,200 --> 00:07:22,560 Speaker 3: in this thirty day special session that are not going 111 00:07:22,640 --> 00:07:25,520 Speaker 3: to be delivered because Democrats are hanging out in Chicago 112 00:07:25,640 --> 00:07:26,920 Speaker 3: and New York and other places. 113 00:07:28,120 --> 00:07:31,000 Speaker 2: Yeah, all right, let me run through the states. California 114 00:07:31,080 --> 00:07:33,800 Speaker 2: Republicans thirty nine percent of the House vote, but they 115 00:07:33,840 --> 00:07:37,560 Speaker 2: only have seventeen percent of the seats. Connecticut Republicans forty 116 00:07:37,600 --> 00:07:42,080 Speaker 2: percent of the House vote, zero seats, none zip Illinois 117 00:07:42,320 --> 00:07:45,679 Speaker 2: twenty twenty four Republicans. They got a pretty respectable forty 118 00:07:45,720 --> 00:07:51,120 Speaker 2: seven percent of the statewide vote, eighteen percent of House seats. Maryland, 119 00:07:51,200 --> 00:07:53,760 Speaker 2: one of the bluest states, Trump gets thirty five percent, 120 00:07:53,800 --> 00:07:57,600 Speaker 2: but they only have twelve percent of House seats. Massachusetts 121 00:07:58,000 --> 00:08:03,800 Speaker 2: again zero seats. Nevada is even worse for Republicans win 122 00:08:03,880 --> 00:08:07,000 Speaker 2: the state. They won the state House by ten points, 123 00:08:07,040 --> 00:08:10,520 Speaker 2: walked away with one single House seat in the entire state. 124 00:08:10,880 --> 00:08:14,240 Speaker 2: That's it. So this has been the practice of these 125 00:08:14,280 --> 00:08:16,080 Speaker 2: states for the longest period of time. Now they want 126 00:08:16,120 --> 00:08:18,920 Speaker 2: to attack you, and I'm thinking, Okay, what you're doing 127 00:08:19,040 --> 00:08:20,320 Speaker 2: is exactly what they did. 128 00:08:20,880 --> 00:08:23,640 Speaker 3: Well, and not even that sean To be honest, the 129 00:08:23,720 --> 00:08:25,760 Speaker 3: Texas maps are not going to be as extreme as 130 00:08:25,960 --> 00:08:28,920 Speaker 3: those other blue states that you talked about. But another thing, 131 00:08:29,160 --> 00:08:31,679 Speaker 3: and that is what Texas is doing under these new maps. 132 00:08:32,200 --> 00:08:35,400 Speaker 3: Four of the five new seats will be a majority 133 00:08:35,559 --> 00:08:38,880 Speaker 3: Hispanic seats. One of the seats is going to restore 134 00:08:39,200 --> 00:08:42,360 Speaker 3: the Barbara Jordan's seat over in the Houston area. And 135 00:08:42,400 --> 00:08:46,120 Speaker 3: so these are seats where Democrats are having to come 136 00:08:46,160 --> 00:08:48,360 Speaker 3: to grips with the reality, and that is they are 137 00:08:48,400 --> 00:08:52,400 Speaker 3: now losing the votes of Hispanics and black voters in 138 00:08:52,440 --> 00:08:54,719 Speaker 3: the state of Texas, and these districts are going to 139 00:08:54,760 --> 00:08:58,120 Speaker 3: show that Hispanics in Blacks as well as others are 140 00:08:58,200 --> 00:09:01,560 Speaker 3: voting for Republican and republic is their candadate of choice, 141 00:09:01,600 --> 00:09:03,800 Speaker 3: and we will ensure that will be achieved at the 142 00:09:03,800 --> 00:09:06,120 Speaker 3: congressional level. In the stead of Texas. 143 00:09:05,720 --> 00:09:08,800 Speaker 2: Well, certainly it should be somewhat proportional to what the 144 00:09:08,920 --> 00:09:11,840 Speaker 2: vote is. What is your response to Kathy Hockel who 145 00:09:11,880 --> 00:09:17,440 Speaker 2: says that we are at war over Texas and the 146 00:09:17,480 --> 00:09:19,640 Speaker 2: redistricting push that's going on in Texas. 147 00:09:20,080 --> 00:09:23,360 Speaker 3: There's a bunch of crazy bluster. Democrats are freaking out 148 00:09:23,800 --> 00:09:27,439 Speaker 3: because they are realizing Texas has the authority to redistrict 149 00:09:27,760 --> 00:09:29,280 Speaker 3: and we're going to do so in a way that's 150 00:09:29,320 --> 00:09:32,760 Speaker 3: going to lead to these additional seats that will vote 151 00:09:32,760 --> 00:09:35,640 Speaker 3: Republican and they will be serving in Congress in the 152 00:09:35,679 --> 00:09:38,120 Speaker 3: next session. And so Democrats are freaking out about it, 153 00:09:38,320 --> 00:09:40,160 Speaker 3: engaging in rhetoric, but I don't think they have the 154 00:09:40,200 --> 00:09:42,680 Speaker 3: capability of actually living up to it and doing anything 155 00:09:42,679 --> 00:09:45,720 Speaker 3: about it. Texas will continue to fight for what is right, 156 00:09:45,760 --> 00:09:47,160 Speaker 3: and that's exactly what we are doing. 157 00:09:48,000 --> 00:09:51,520 Speaker 2: Is it a fair statement to say that Republicans in 158 00:09:51,600 --> 00:09:54,679 Speaker 2: terms of the percentages and numbers that they have voted 159 00:09:55,080 --> 00:10:00,960 Speaker 2: have been unfairly cheated out of their representa. I think 160 00:10:00,960 --> 00:10:02,200 Speaker 2: that's a more fair statement. 161 00:10:02,520 --> 00:10:04,680 Speaker 3: Well, a different way to say it, and that is 162 00:10:04,840 --> 00:10:09,160 Speaker 3: at least in Texas about states, Yeah, and I'll talk 163 00:10:09,200 --> 00:10:12,120 Speaker 3: about both. In Texas, we are going to ensure that 164 00:10:12,360 --> 00:10:13,920 Speaker 3: voters are going to be able to vote for their 165 00:10:13,960 --> 00:10:16,840 Speaker 3: candidate of choice. For example, I think Donald Trump won 166 00:10:17,200 --> 00:10:19,040 Speaker 3: and all five of these seas that we will be 167 00:10:19,080 --> 00:10:22,800 Speaker 3: making Republican seats. The same thing should apply in all 168 00:10:22,840 --> 00:10:25,920 Speaker 3: those other states. Sean that you mentioned in your monologue 169 00:10:25,920 --> 00:10:29,360 Speaker 3: where you pointed out the gross jurymandering in these blue 170 00:10:29,360 --> 00:10:34,800 Speaker 3: states have rejected Republican candidates for office that should be 171 00:10:34,840 --> 00:10:37,120 Speaker 3: serving those states, should be serving our country. It's the 172 00:10:37,200 --> 00:10:40,720 Speaker 3: jerrymandering in the blue states that has started the politics 173 00:10:40,720 --> 00:10:41,200 Speaker 3: in America. 174 00:10:41,400 --> 00:10:43,480 Speaker 1: Yeah. If you want to know who's actually jerrymandering in 175 00:10:43,520 --> 00:10:47,040 Speaker 1: this country, it's clearly Democrats in all of the Democratic 176 00:10:47,120 --> 00:10:51,360 Speaker 1: states that were mentioned there. In a major move to 177 00:10:51,520 --> 00:10:55,520 Speaker 1: protect all Americans, the White House were now being told 178 00:10:55,640 --> 00:11:01,960 Speaker 1: is preparing a new executive order that would find banks, small, medium, 179 00:11:02,200 --> 00:11:07,520 Speaker 1: and the largest for dropping customers for political reasons. The 180 00:11:07,559 --> 00:11:11,439 Speaker 1: Wall Street Journal is reporting on it now. The order 181 00:11:11,840 --> 00:11:17,600 Speaker 1: directs bank regulators to investigate whether any financial institutions might 182 00:11:17,640 --> 00:11:23,160 Speaker 1: have violated the Equal Credit Opportunity Act, antitrust laws, or 183 00:11:23,280 --> 00:11:27,760 Speaker 1: consumer financial protection laws, the Journal reported, citing a draft 184 00:11:27,800 --> 00:11:30,840 Speaker 1: text of the order. The order, which could be signed 185 00:11:31,080 --> 00:11:37,640 Speaker 1: as early as this week, provides for monetary penalties, consent decrees, 186 00:11:38,160 --> 00:11:43,439 Speaker 1: or other disciplinary measures against violators. The order also directs 187 00:11:43,480 --> 00:11:48,520 Speaker 1: regulators to strike policies they have that might have contributed 188 00:11:48,559 --> 00:11:52,800 Speaker 1: to banks dropping certain customers, and requires the Small Business 189 00:11:52,800 --> 00:11:57,680 Speaker 1: Association to review the practices of banks that guarantee the 190 00:11:57,840 --> 00:12:04,120 Speaker 1: agency's loans out This is a major move for protecting 191 00:12:04,320 --> 00:12:09,800 Speaker 1: specifically conservatives that have been debanked by large banks and 192 00:12:09,880 --> 00:12:13,320 Speaker 1: small banks alike. There are many in the Second Amendment 193 00:12:13,400 --> 00:12:16,840 Speaker 1: community that have also been debanked as well. There are 194 00:12:16,920 --> 00:12:22,320 Speaker 1: Christian organizations that have been debanked, missionary organizations that have 195 00:12:22,400 --> 00:12:28,240 Speaker 1: been debanked, and Conservative organizations that have been debanked, especially 196 00:12:28,360 --> 00:12:32,800 Speaker 1: during the Biden years. Now the President saying you can't 197 00:12:32,920 --> 00:12:35,959 Speaker 1: do that. It's un American and we're not going to 198 00:12:36,040 --> 00:12:39,680 Speaker 1: allow it to stand now. Reuters is also reporting at 199 00:12:39,720 --> 00:12:43,320 Speaker 1: this hour that the White House is apparently working on 200 00:12:43,720 --> 00:12:47,800 Speaker 1: this at a rapid pace because they believe it is 201 00:12:47,880 --> 00:12:52,040 Speaker 1: time to hold banks accountable that targeted people specifically for 202 00:12:52,120 --> 00:12:56,240 Speaker 1: their political beliefs. Now, after speaking with people at the 203 00:12:56,240 --> 00:12:59,360 Speaker 1: White House late this afternoon, here's what I can also 204 00:12:59,440 --> 00:13:02,160 Speaker 1: tell you. The White House, I've been told, is in 205 00:13:02,200 --> 00:13:06,319 Speaker 1: fact preparing an executive order that would empower the regulators 206 00:13:06,360 --> 00:13:12,640 Speaker 1: to penalize banks for quote, terminating customer relationships based on 207 00:13:12,800 --> 00:13:17,520 Speaker 1: political beliefs. These penalties could include hefty fines, I'm being told, 208 00:13:18,080 --> 00:13:24,400 Speaker 1: and also disciplinary actions. Now, financial regulators would be instructed 209 00:13:24,480 --> 00:13:29,000 Speaker 1: to investigate potential breaches not only the Equal Credit Opportunity 210 00:13:29,040 --> 00:13:32,840 Speaker 1: Act I mentioned earlier and antitrust laws, but also consumer 211 00:13:32,920 --> 00:13:38,760 Speaker 1: protection regulations by banks accused of politically motivated actions against 212 00:13:39,160 --> 00:13:42,720 Speaker 1: those who had bank accounts at their bank. The draft 213 00:13:42,920 --> 00:13:48,120 Speaker 1: order also calls on policymakers to revoke existing internal bank 214 00:13:48,240 --> 00:13:53,600 Speaker 1: policies that actually may have led to politically motivated account closures, 215 00:13:53,679 --> 00:13:58,640 Speaker 1: and directs the Small Business Administration to review loan back 216 00:13:58,760 --> 00:14:02,840 Speaker 1: practices that could involve similar issues as well. Now, although 217 00:14:02,880 --> 00:14:07,600 Speaker 1: no banks are mentioned by name, the order appears tied 218 00:14:07,679 --> 00:14:13,280 Speaker 1: to public criticism of major institutions such as JP, Morgan Chase, 219 00:14:13,600 --> 00:14:19,160 Speaker 1: and Bank of America accused of severing ties with conservative clients, 220 00:14:19,640 --> 00:14:22,560 Speaker 1: a charge that of course they strongly deny, and the 221 00:14:22,600 --> 00:14:26,960 Speaker 1: Wall Street Journal has reported on this extensively recently. Now, 222 00:14:26,960 --> 00:14:30,240 Speaker 1: according to others, the order could be signed, like I 223 00:14:30,320 --> 00:14:35,960 Speaker 1: said this week, potentially spelling major trouble for big banks. Now, 224 00:14:36,000 --> 00:14:42,720 Speaker 1: this move reflects Donald Trump's ongoing concern, especially from conservative circles, 225 00:14:43,040 --> 00:14:47,760 Speaker 1: about political bias or debanking and financial services. It forms 226 00:14:47,880 --> 00:14:52,800 Speaker 1: part of a broader regulatory agenda to ensure economic institutions 227 00:14:52,840 --> 00:14:58,000 Speaker 1: remain neutral and customers aren't penalized for political beliefs. At 228 00:14:58,040 --> 00:14:59,800 Speaker 1: the end of the day, the President of the United 229 00:14:59,760 --> 00:15:02,440 Speaker 1: States to America wants to make sure you're not targeted 230 00:15:02,920 --> 00:15:06,600 Speaker 1: because you voted for him, and in the future, to 231 00:15:06,640 --> 00:15:08,760 Speaker 1: make sure that no matter who you vote for, you're 232 00:15:08,800 --> 00:15:12,320 Speaker 1: not targeted by a bank. Now, the order has not 233 00:15:12,560 --> 00:15:15,560 Speaker 1: been officially issued yet, and there's a very good chance 234 00:15:15,600 --> 00:15:18,640 Speaker 1: there will be changes that are made in the coming 235 00:15:18,760 --> 00:15:24,880 Speaker 1: days and hours. Banks and regulators also are remaining relatively quiet, 236 00:15:25,200 --> 00:15:27,880 Speaker 1: and the White House is saying they're willing to talk, 237 00:15:28,320 --> 00:15:31,120 Speaker 1: but there's many that are scared what may be coming 238 00:15:31,160 --> 00:15:35,120 Speaker 1: down the pipeline. And the big question is this which 239 00:15:35,280 --> 00:15:40,160 Speaker 1: agencies are actually going to lead enforcement oversight I'm being 240 00:15:40,160 --> 00:15:43,360 Speaker 1: told is likely going to be by federal banking regulators, 241 00:15:43,600 --> 00:15:49,720 Speaker 1: the Department of Justice, and the SPA. Implementation details are 242 00:15:49,800 --> 00:15:52,680 Speaker 1: going to work through the White House and the hours 243 00:15:52,720 --> 00:15:55,760 Speaker 1: and days ahead at the end of the day. What 244 00:15:55,800 --> 00:15:58,640 Speaker 1: does this mean, Well, it means that Donald Trump's looking 245 00:15:58,680 --> 00:16:02,280 Speaker 1: out for conservatives that had been targeted solely because of 246 00:16:02,440 --> 00:16:06,560 Speaker 1: our political beliefs, and that's exactly why so many Americans 247 00:16:06,720 --> 00:16:07,720 Speaker 1: voted for him. 248 00:16:08,160 --> 00:16:08,320 Speaker 4: Now. 249 00:16:08,360 --> 00:16:12,200 Speaker 1: Donald Trump has also talked a lot recently about many 250 00:16:12,280 --> 00:16:16,120 Speaker 1: concerts being debanked At the World Economic Forum and Davos. 251 00:16:16,200 --> 00:16:19,760 Speaker 1: Back in January, Trump addressed the CEOs of the largest 252 00:16:19,840 --> 00:16:23,200 Speaker 1: US banks and made it clear he called out Bank 253 00:16:23,240 --> 00:16:28,720 Speaker 1: of America CEO Brian Mornihan and indirectly JP Morgan's Jamie 254 00:16:28,800 --> 00:16:33,160 Speaker 1: Diamond saying, quote, many concertis complained that the banks are 255 00:16:33,160 --> 00:16:37,600 Speaker 1: not allowing them to do business. You've done a fantastic job, 256 00:16:37,640 --> 00:16:40,320 Speaker 1: but I hope you start opening your banks to conservatives 257 00:16:40,400 --> 00:16:44,560 Speaker 1: because what you're doing is wrong. He expressed concerns that 258 00:16:44,640 --> 00:16:48,800 Speaker 1: consertives are being excluded from bank services, implying it may 259 00:16:48,800 --> 00:16:53,960 Speaker 1: be politically motivated or regulator driven under the Biden administration, 260 00:16:54,200 --> 00:16:58,680 Speaker 1: saying quote, I don't know if regulators mandated that because 261 00:16:58,800 --> 00:17:03,800 Speaker 1: of Biden. Now, Trump's remarks revived a larger conservative narrative 262 00:17:03,920 --> 00:17:08,439 Speaker 1: around the banking the claim that banks are systematically cutting 263 00:17:08,480 --> 00:17:12,280 Speaker 1: off accounts that are tied to conservative values or industries 264 00:17:12,359 --> 00:17:18,760 Speaker 1: like firearms, fossil fuels, and also crypto. His criticism prompted 265 00:17:18,800 --> 00:17:23,080 Speaker 1: regulatory and legislative attention as well, including a Senate Banking 266 00:17:23,080 --> 00:17:27,840 Speaker 1: Committee hearing back in February and scrutiny from state attorney generals. 267 00:17:27,880 --> 00:17:32,720 Speaker 1: On top of that, conservative states and political actors also 268 00:17:32,840 --> 00:17:36,840 Speaker 1: pressured banks like Bank of America JP, Morgan City Group, 269 00:17:37,000 --> 00:17:42,040 Speaker 1: and Goldman Sachs to clarify their policies. Now, despite these claims, 270 00:17:42,200 --> 00:17:47,240 Speaker 1: banks have repeatedly denied alleging any political bias. They assert 271 00:17:47,280 --> 00:17:51,520 Speaker 1: account closures are quote tied to compliance with anti money 272 00:17:51,560 --> 00:17:58,800 Speaker 1: laundering rules, risk policies, and regulatory mandates, not ideology. Now, 273 00:17:59,320 --> 00:18:02,399 Speaker 1: the reason why the President used a high profile venue 274 00:18:02,640 --> 00:18:07,480 Speaker 1: at the World Economic Forum was to amplify conservative concerns 275 00:18:07,560 --> 00:18:13,040 Speaker 1: about access to financial services. The remarks underpin regulatory movement 276 00:18:13,119 --> 00:18:16,000 Speaker 1: that we're now witnessing in real time and the White 277 00:18:16,040 --> 00:18:20,000 Speaker 1: House Executive Order on Political based account Closures is another 278 00:18:20,080 --> 00:18:23,240 Speaker 1: example of that. Look, the President of the United States 279 00:18:23,280 --> 00:18:25,919 Speaker 1: of America set it clear when he was running. My 280 00:18:26,119 --> 00:18:29,800 Speaker 1: job is to protect all Americans. And also, this is 281 00:18:29,840 --> 00:18:33,080 Speaker 1: one of the reasons why he's advocating so much for crypto. 282 00:18:33,640 --> 00:18:37,240 Speaker 1: As Donald Trump signed that crypto bill into law. Here's 283 00:18:37,359 --> 00:18:39,240 Speaker 1: part of what change would that take. 284 00:18:39,240 --> 00:18:42,639 Speaker 5: A listen a fed share far earlier than anyone expects, 285 00:18:42,840 --> 00:18:45,359 Speaker 5: so too late's voice can be totally nullified. 286 00:18:46,400 --> 00:18:49,240 Speaker 6: All right, And Trump today at the White House, he 287 00:18:49,400 --> 00:18:52,320 Speaker 6: was having such a great time. He's ignoring some of 288 00:18:52,359 --> 00:18:54,640 Speaker 6: the other controversies out there are the other noise on that. 289 00:18:55,000 --> 00:18:59,240 Speaker 6: But he signs this major crypto bill into law. A 290 00:18:59,280 --> 00:19:01,600 Speaker 6: lot of people thought it never could happen. He got 291 00:19:01,640 --> 00:19:05,480 Speaker 6: the Republicans on board. This will make us, he says, 292 00:19:05,560 --> 00:19:07,400 Speaker 6: competitive with China. Check it out. 293 00:19:08,600 --> 00:19:11,560 Speaker 4: This afternoon, we take a giant step to cement the 294 00:19:11,560 --> 00:19:16,679 Speaker 4: American dominance of global finance and crypto technology. And we 295 00:19:16,720 --> 00:19:18,920 Speaker 4: want to have it not China, and China wasn't actually 296 00:19:19,000 --> 00:19:20,360 Speaker 4: have they were watching this day. 297 00:19:20,640 --> 00:19:21,360 Speaker 6: They like it. 298 00:19:21,600 --> 00:19:25,560 Speaker 4: And we've got this, We've got Ai. We've got a 299 00:19:26,080 --> 00:19:27,720 Speaker 4: lot of great ones happening. 300 00:19:28,760 --> 00:19:31,800 Speaker 6: James, what do you think turned Trump on the crypto issue? 301 00:19:33,040 --> 00:19:35,920 Speaker 5: Well, I think President Trump recognizes that the rising economy 302 00:19:35,920 --> 00:19:39,360 Speaker 5: of crypto does lift all boats. When Americans have access 303 00:19:39,359 --> 00:19:41,359 Speaker 5: to other banks at a time when folks have been 304 00:19:41,440 --> 00:19:44,720 Speaker 5: rightly concerned about being dbanked, they have access to stable coins. 305 00:19:44,920 --> 00:19:47,840 Speaker 5: That means that it's impossible for them to be thrown 306 00:19:47,840 --> 00:19:50,359 Speaker 5: off for the wrong tweet about vaccine mandates, for standing 307 00:19:50,440 --> 00:19:53,639 Speaker 5: up for the President's unbelievable economic agenda. And so the 308 00:19:53,640 --> 00:19:56,520 Speaker 5: President recognizes that to compete with China, it isn't simply 309 00:19:56,520 --> 00:19:59,560 Speaker 5: about giving Secretary headsapt all the resources he needs at 310 00:19:59,560 --> 00:20:03,040 Speaker 5: the Defense Apartment. It also means working to enable ourselves 311 00:20:03,119 --> 00:20:06,480 Speaker 5: to be economic powerhouses. Yes, and the real economy, Laura, 312 00:20:06,520 --> 00:20:10,040 Speaker 5: but also in this new alternative age of artificial intelligence 313 00:20:10,240 --> 00:20:10,960 Speaker 5: and of crypto. 314 00:20:11,880 --> 00:20:15,040 Speaker 1: He's exactly right. This is why Donald Trump is pushing 315 00:20:15,080 --> 00:20:19,040 Speaker 1: so hard for other avenues so that Americans cannot have 316 00:20:19,119 --> 00:20:22,520 Speaker 1: to worry that banks have all the power over them 317 00:20:22,840 --> 00:20:28,040 Speaker 1: and their money. Cashpatel has now come out and is 318 00:20:28,400 --> 00:20:33,920 Speaker 1: calling out the lying media after the discovery of quote 319 00:20:33,960 --> 00:20:38,119 Speaker 1: secret burn bags. You notice there's a trend here with 320 00:20:38,200 --> 00:20:41,080 Speaker 1: the deep state and what we're now finding out after 321 00:20:41,240 --> 00:20:43,840 Speaker 1: a lot of man hours are being used to see 322 00:20:43,920 --> 00:20:48,080 Speaker 1: just how corrupt our government was under the previous administration, 323 00:20:48,640 --> 00:20:50,800 Speaker 1: in fact, dating all the way back to when Barack 324 00:20:50,800 --> 00:20:54,080 Speaker 1: Obama is in office, not just Joe Biden. Well now, 325 00:20:54,119 --> 00:20:58,960 Speaker 1: the FBI Director Cashpateel has challenged news media to own 326 00:20:59,480 --> 00:21:02,199 Speaker 1: who is re laing about his discovery of a stash 327 00:21:02,240 --> 00:21:07,000 Speaker 1: of classified documents connected to the Trump Russia collusion narrative 328 00:21:07,240 --> 00:21:10,600 Speaker 1: that was weaponized against Donald Trump in his first term. 329 00:21:10,960 --> 00:21:14,160 Speaker 1: The director's comments came in the wake of a recent 330 00:21:14,359 --> 00:21:20,120 Speaker 1: report that burn bags filled with thousands of documents dating 331 00:21:20,280 --> 00:21:23,240 Speaker 1: back to the Trump Russia probe were discovered in a 332 00:21:23,320 --> 00:21:27,800 Speaker 1: room in the FBI headquarters. Posting this on x, the 333 00:21:27,880 --> 00:21:31,320 Speaker 1: director invoked his role as senior counsel for the White 334 00:21:31,359 --> 00:21:35,359 Speaker 1: House Permanent Select Committee on Intelligence during the first Trump 335 00:21:35,440 --> 00:21:40,639 Speaker 1: term and wrote this in twenty seventeen slash eighteen. I 336 00:21:40,840 --> 00:21:45,880 Speaker 1: proved that still dossier was fictitious. Intelligence was weaponized by 337 00:21:45,920 --> 00:21:49,920 Speaker 1: corrupt FBI officials to deceive a federal judge and unlawfully 338 00:21:50,000 --> 00:21:54,720 Speaker 1: spy on the president on then presidential candate Donald Trump's campaign, 339 00:21:55,359 --> 00:21:57,760 Speaker 1: all of it being paid for by his opponents. Now 340 00:21:57,760 --> 00:21:59,840 Speaker 1: we know that dossier was paid for by Hillary Clinton's 341 00:21:59,840 --> 00:22:02,960 Speaker 1: camp and they were fined for that. And we also 342 00:22:03,040 --> 00:22:05,440 Speaker 1: know that it was paid for by the Democrat National Committee. 343 00:22:05,520 --> 00:22:07,719 Speaker 1: They were also fined for it. So it is a 344 00:22:07,760 --> 00:22:11,520 Speaker 1: fact that shouldn't even be up for any type of debate. 345 00:22:12,600 --> 00:22:20,240 Speaker 1: He added, the media called me a quote liar. Patel continued, Now, 346 00:22:21,000 --> 00:22:26,240 Speaker 1: I'm the FBI director. We just uncovered burn bags, burn 347 00:22:26,280 --> 00:22:31,240 Speaker 1: bag rooms filled with hidden Russia Gate files, including the 348 00:22:31,320 --> 00:22:36,600 Speaker 1: Durham annex, and we have declassified them. Once again. I 349 00:22:36,720 --> 00:22:40,840 Speaker 1: released the prior FBI's own documents and exposed the truth. 350 00:22:41,320 --> 00:22:45,000 Speaker 1: The same media is calling me a liar again. He 351 00:22:45,119 --> 00:22:49,200 Speaker 1: goes on to say, then came the challenge with Patel 352 00:22:49,280 --> 00:22:54,480 Speaker 1: writing this quote. Maybe this FBI will release more documents 353 00:22:54,520 --> 00:23:00,400 Speaker 1: directly from the FBI headquarters so we can see who's line. 354 00:23:00,640 --> 00:23:05,280 Speaker 1: Wouldn't want to deprive the fake news of more bogus pulitzers. 355 00:23:05,880 --> 00:23:10,560 Speaker 1: And then well, now Fox News is reported that one 356 00:23:10,640 --> 00:23:16,040 Speaker 1: potentially explosive find is the quote classified annex to former 357 00:23:16,119 --> 00:23:20,320 Speaker 1: Special Counsel John Durham's final report. It would include the 358 00:23:20,480 --> 00:23:24,680 Speaker 1: underlying intelligence in that probe. The fine is yet another 359 00:23:24,800 --> 00:23:27,520 Speaker 1: in the series of document revelations that point to a 360 00:23:27,600 --> 00:23:31,840 Speaker 1: hidden agenda aimed at sabotaging Donald Trump's first term in 361 00:23:31,920 --> 00:23:37,439 Speaker 1: office and honestly cutting it short. Now, documents also that 362 00:23:37,520 --> 00:23:42,000 Speaker 1: were released, you may remember last month by the Office 363 00:23:42,119 --> 00:23:46,440 Speaker 1: the Director of National Intelligence revealed quote overwhelming evidence that 364 00:23:46,560 --> 00:23:52,760 Speaker 1: Hillary Clinton and the Obama administration manufactured and politicized intelligence 365 00:23:52,800 --> 00:23:56,439 Speaker 1: that created the Russia hoax. That is what Tulci Gabbard 366 00:23:56,520 --> 00:23:59,560 Speaker 1: said at the time. While legacy media have largely ignored 367 00:23:59,560 --> 00:24:03,520 Speaker 1: the revolutions, the materials cited by Betel are not going 368 00:24:03,640 --> 00:24:09,000 Speaker 1: into their quote burn bags. The source told Fox News. 369 00:24:09,400 --> 00:24:12,879 Speaker 1: The top intelligence and national security officials are now overseeing 370 00:24:13,320 --> 00:24:17,840 Speaker 1: the to classification of the Durham annex. The materials will 371 00:24:17,880 --> 00:24:21,960 Speaker 1: then be sent to Senate Judiciary Committee Chairman Senator Chuck Grassley, 372 00:24:22,560 --> 00:24:26,680 Speaker 1: who will release the documents to the public now. Grassley 373 00:24:26,720 --> 00:24:31,119 Speaker 1: has been seeking information connected to Durham's probe for some time. 374 00:24:31,600 --> 00:24:34,960 Speaker 1: In twenty nineteen, for example, then Attorney General Bill Barr 375 00:24:35,600 --> 00:24:40,880 Speaker 1: initiated the Durham probe to expose potential misconduct by the 376 00:24:40,960 --> 00:24:45,640 Speaker 1: FBI in its effort to tie the Trump campaign to Russia. 377 00:24:46,440 --> 00:24:51,920 Speaker 1: Durham concluded in his final report released in twenty thirteen 378 00:24:52,320 --> 00:24:57,919 Speaker 1: that the FBI relied on uncorroborated intelligence and lacked a 379 00:24:58,359 --> 00:25:02,679 Speaker 1: sufficient basis to l onto full investigation into the Trump 380 00:25:02,720 --> 00:25:08,520 Speaker 1: campaign's alleged collusion with the United States Cold War adversary. 381 00:25:09,440 --> 00:25:12,359 Speaker 1: So you look at what I just told you and 382 00:25:12,440 --> 00:25:16,280 Speaker 1: this report that has come out. These are three major 383 00:25:16,359 --> 00:25:21,280 Speaker 1: reports that are coming from the intelligence agencies, and what 384 00:25:21,400 --> 00:25:26,280 Speaker 1: it's proving as Cashpitel again firing back at media critics 385 00:25:26,280 --> 00:25:30,200 Speaker 1: after and covering these secret FBI burned bags with classified documents, 386 00:25:31,000 --> 00:25:36,800 Speaker 1: is that this was done in a way that was nationwide. 387 00:25:37,000 --> 00:25:41,040 Speaker 1: It was done in a way that was so egregious 388 00:25:41,640 --> 00:25:44,600 Speaker 1: that the only way it could happen is if it 389 00:25:44,680 --> 00:25:49,760 Speaker 1: was planned deliberately by the highest people in power. That's 390 00:25:49,800 --> 00:25:53,560 Speaker 1: the only way this thing happens. Don't forget. Share this 391 00:25:53,640 --> 00:25:57,399 Speaker 1: podcast with your family and friends, share it on social media, please, 392 00:25:57,680 --> 00:25:59,800 Speaker 1: and I'll see you back here tomorrow.