Latest / The Ben Ferguson Podcast / What is Ice Block, Big Beautiful Bill at a Glance plus Fed Chair Should Be Investigated by Congress

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What is Ice Block, Big Beautiful Bill at a Glance plus Fed Chair Should Be Investigated by Congress · The Ben Ferguson Podcast

• 0:01
  Speaker 1: Well, come in is the Ben Ferguson Show. It is
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  Speaker 1: nice to have you with us.
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• 0:14
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  Speaker 2: to be doing instead is I'm going to be doing
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  Speaker 2: a hybrid with this show and the forty seven Morning Update.
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  Speaker 2: It's that show that I do every morning that's about
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  Speaker 2: ten to twelve minutes long, three biggest stories of the
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  Speaker 2: day coming out of the White House or that affect
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  Speaker 2: is what you're going to be hearing here, and I
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  Speaker 4: You're listening to the forty seven Morning Update with Ben Ferguson.
• 3:14
  Speaker 1: Good Saturday morning to you.
• 3:15
  Speaker 2: Ben Ferguson, with you, and these are some of the
• 3:18
  Speaker 2: stories that you may have missed that we talked about
• 3:20
  Speaker 2: this week on the forty seven Morning Update. First up,
• 3:23
  Speaker 2: in a shocking move, a major TV network is now
• 3:27
  Speaker 2: helping warn individuals where ice agents are so that they
• 3:33
  Speaker 2: can get away from being held accountable for breaking our laws.
• 3:37
  Speaker 2: Who's doing it? We'll expose that coming up as well. Also,
• 3:41
  Speaker 2: what made it into the bill that is now headed
• 3:44
  Speaker 2: back to the House from the Senate. I break it
• 3:47
  Speaker 2: all down for you, and I'll have all those details
• 3:50
  Speaker 2: for you about exactly what made it in this bill
• 3:53
  Speaker 2: in just a moment. And finally, we also now know
• 3:56
  Speaker 2: that the present saying it's time for the FED chair
• 3:58
  Speaker 2: Jerome Powell to be gone to resign, and he's got
• 4:02
  Speaker 2: two or three choices to replace the FED chairman, which
• 4:06
  Speaker 2: could save Americans literally trillions of dollars in interest. I'll
• 4:11
  Speaker 2: give you those details in a moment. It's the forty
• 4:13
  Speaker 2: seven Morning Update and it starts right now.
• 4:16
  Speaker 4: Story number one.
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  Speaker 2: The media yet again putting ice agents lives at risk,
• 4:22
  Speaker 2: this time CNN featuring a segment on ice block. It
• 4:27
  Speaker 2: is an app that lets users anonymously crowd source ice
• 4:32
  Speaker 2: agents sidings across the app and send alerts to others
• 4:36
  Speaker 2: within a five mile radius.
• 4:39
  Speaker 3: Now, the app's creator framed.
• 4:41
  Speaker 2: As a quote harmless early warning system to help people
• 4:44
  Speaker 2: avoid ICE, not to incite violence against the agents. Ice
• 4:49
  Speaker 2: block enforces constraints, they claim as well, one post every
• 4:54
  Speaker 2: five minutes, auto deletion after four hours, and explicitly recommends
• 4:58
  Speaker 2: users not interfer with officers. That's their get out of
• 5:03
  Speaker 2: jail free card.
• 5:04
  Speaker 3: Apparently.
• 5:05
  Speaker 2: The White House Press Secretary Caroline Levitt accusing CNN of
• 5:08
  Speaker 2: encouraging violence by publicizing the app, especially amid a reported
• 5:13
  Speaker 2: five hundred percent surge in assaults on ICE agents nationwide.
• 5:18
  Speaker 2: The acting ICE Director called CNN's coverage quote reckless and irresponsible,
• 5:24
  Speaker 2: warning that it paints a target on federal law enforcement officers.
• 5:28
  Speaker 2: Backs and Tom Homan, the former ICE director, and the
• 5:32
  Speaker 2: current borders are branded the app is simply disgusting, and
• 5:36
  Speaker 2: urge the DOJ to investigate CNN's role in all of this.
• 5:41
  Speaker 2: I want you to hear more of what Tom Homan
• 5:43
  Speaker 2: had to say on Fox News Channel about this.
• 5:48
  Speaker 5: Well, this next story is outrageous. A new iPhone app
• 5:51
  Speaker 5: is a learning people about ICE sightings in their area.
• 5:54
  Speaker 5: As if that's not bad enough, CNN it appears to
• 5:56
  Speaker 5: be promoting the app, talking to the creator, and doing
• 5:59
  Speaker 5: a whole story on it that is not sitting well
• 6:02
  Speaker 5: with My next guest borders our time home and joins me. Now, Tom,
• 6:07
  Speaker 5: they've crossed the line here. This is out of control.
• 6:11
  Speaker 6: I know. It's just simply disgusting, and any network that
• 6:13
  Speaker 6: covers that is disgusting as well. So I'm hoping the
• 6:16
  Speaker 6: DOJ steps in here and see if they cross that line.
• 6:18
  Speaker 6: I'm impeding federal lawenforcement ofshers. Look, Lawrence, you're not talking
• 6:22
  Speaker 6: about this aasult again. SIS is up over five percent.
• 6:25
  Speaker 6: Now you've got an app that's going to tell where
• 6:27
  Speaker 6: ICE operators are going to be. It's only a matter
• 6:30
  Speaker 6: of time fore ICE ages are ambushed by some nut
• 6:33
  Speaker 6: like we're happening in LA throwing them out the top, cocktail,
• 6:35
  Speaker 6: throwing bricks, and these officers is just this is just
• 6:38
  Speaker 6: disgusting at every level. So I hope DOJ dives in
• 6:41
  Speaker 6: this deeply, because you know ICE is constrant on public
• 6:44
  Speaker 6: safety threats and national security threads. This shouldn't be a
• 6:47
  Speaker 6: partisan issue. There shouldn't be an issue anybody's is against.
• 6:50
  Speaker 6: So they're already a dangerous job going after the worst
• 6:53
  Speaker 6: the worst. These guys are putting their lives on the
• 6:55
  Speaker 6: line every day going after the worst and worst internationalecurity threats,
• 6:58
  Speaker 6: and this app makes it that much more dangerous. It's
• 7:01
  Speaker 6: incredible that those who enforced law, all of a sudden,
• 7:04
  Speaker 6: they're the bad guys you wanted to break the law.
• 7:06
  Speaker 6: They're victims. It's disgusting.
• 7:07
  Speaker 5: Why was seeing INN promote this? Why would they do
• 7:10
  Speaker 5: a story on this?
• 7:12
  Speaker 6: I can't figure it out. I've been look, I've been
• 7:13
  Speaker 6: doing this for four decades. I've never seen anything like
• 7:15
  Speaker 6: this in my life. You know, it's got to be
• 7:18
  Speaker 6: they hate Trump more than love law enforcement or I
• 7:21
  Speaker 6: can't figure it out, but something needs to be done.
• 7:23
  Speaker 6: I mean, you advertise this guy's app on a national
• 7:27
  Speaker 6: TV network, that's just going to bring more followers, sick
• 7:31
  Speaker 6: followers to the app and use it again, letting the
• 7:33
  Speaker 6: bad guy no Ice is coming. They're here, here's where
• 7:38
  Speaker 6: they're going next. This is dangerous for the men and
• 7:40
  Speaker 6: women law enforcement.
• 7:42
  Speaker 5: So true, Tom, I want to.
• 7:43
  Speaker 2: Get Tom Homan clearly slamming CNN for promoting the Ice
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  Speaker 2: tracking app and now is saying maybe it's time for
• 7:50
  Speaker 2: law enforcement, the DOJ to step in here and see
• 7:53
  Speaker 2: if they cross the line, impeding federal law enforcement officers.
• 7:58
  Speaker 2: Yet again, another exampample of how the Left is doing
• 8:01
  Speaker 2: everything they can to protect I legal immigrants and put
• 8:05
  Speaker 2: American lives at risk.
• 8:08
  Speaker 4: Next story number two.
• 8:09
  Speaker 2: Now you may be asking yourself what is actually in
• 8:13
  Speaker 2: this bill that has left the Senate.
• 8:15
  Speaker 3: Let me give you that list, because it's an important one.
• 8:19
  Speaker 2: Number one, this bill delivers the largest tax cut in
• 8:23
  Speaker 2: history of the United States of America for middle and
• 8:26
  Speaker 2: working class Americans. Bigger paychecks of ten thousand dollars more
• 8:32
  Speaker 2: in annual take home pay for families as well. A
• 8:37
  Speaker 2: massive campaign idea is now reality. No tax on tips,
• 8:42
  Speaker 2: which will expand middle class America like we've never seen before.
• 8:47
  Speaker 3: We also are going to reward people that work hard
• 8:50
  Speaker 3: with no tax on overtime, incentivizing people to work more
• 8:55
  Speaker 3: to get ahead, and something that should have happened a
• 8:58
  Speaker 3: long time ago. No tax on Social Security, giving more
• 9:03
  Speaker 3: security to seniors, especially when cost of living has skyrocketed.
• 9:09
  Speaker 3: We also have no tax on made and America auto loans.
• 9:14
  Speaker 3: Let me say that again, no tax on made in
• 9:18
  Speaker 3: America auto loans, which will help prop up American made
• 9:21
  Speaker 3: automobiles and incentivize Americans to look at America first. It
• 9:26
  Speaker 3: will also help with massive amounts of manufacturing jobs, keeping
• 9:30
  Speaker 3: Americans working in manufacturing. It also protects two million family
• 9:36
  Speaker 3: farms from punitive double taxation, something that's been a huge
• 9:40
  Speaker 3: problem in this country. Permanent increases to the child tax credit.
• 9:46
  Speaker 3: Let me say that again, permanent increases to the child
• 9:50
  Speaker 3: tax credit, supporting over forty million American families. Also, a
• 9:56
  Speaker 3: vote against this bill is a vote for the largest
• 9:58
  Speaker 3: tax increase in history, something that Republicans did a very
• 10:03
  Speaker 3: good job of selling to the American people. It also,
• 10:06
  Speaker 3: in this bill rescinded billions in green news scam funding,
• 10:11
  Speaker 3: which DOGE and the Trump administration had exposed in the
• 10:15
  Speaker 3: last several months. It restores fiscal sanity, slashing deficits by
• 10:21
  Speaker 3: roughly two trillion dollars. Yes, there are many in the
• 10:25
  Speaker 3: House that want more than that, and we'll have to
• 10:27
  Speaker 3: see what happens moving forward. We also know that this
• 10:30
  Speaker 3: bill eliminated waste, fraud, and abuse from the bloated federal
• 10:35
  Speaker 3: programs that we have now been exposing through DOGE and
• 10:40
  Speaker 3: permanently securing our southern and northern borders, something the President
• 10:45
  Speaker 3: said needed to be in this bill. We also know
• 10:49
  Speaker 3: that this bill deports at least one million illegal aliens
• 10:52
  Speaker 3: a year. Yes, that is also in the bill, and
• 10:57
  Speaker 3: it makes the largest investment in border security in an
• 11:01
  Speaker 3: entire generation, providing nearly one hundred and fifty billion to
• 11:06
  Speaker 3: secure our border and also to deport illegal aliens, which
• 11:11
  Speaker 3: the American people voted for. The bill also includes finishing
• 11:15
  Speaker 3: Phase two of the border wall, something Donald Trump campaigned
• 11:19
  Speaker 3: on back all the way in twenty sixteen, and it
• 11:23
  Speaker 3: shifts the cost of adjudication in the immigration system from
• 11:28
  Speaker 3: the American taxpayer to the illegal aliens. We also know
• 11:33
  Speaker 3: that we're hiring it because of this bill, hiring ten
• 11:37
  Speaker 3: thousand new ice agents, more than five thousand customs officers,
• 11:44
  Speaker 3: and more than three thousand new border patrol agents, yet
• 11:48
  Speaker 3: again sending a message to the cartels and terrorists that
• 11:52
  Speaker 3: you don't want to try to sneak in to the
• 11:54
  Speaker 3: United States of America or ship your drugs into this country,
• 11:59
  Speaker 3: because we're coming for you. There's also funds for the
• 12:02
  Speaker 3: Golden Dome missile defense system to confront the twenty first
• 12:07
  Speaker 3: century threats, something the President and the DoD talked about
• 12:11
  Speaker 3: extensively with the American people. We know that we need
• 12:15
  Speaker 3: to put America first when it comes to our national security,
• 12:18
  Speaker 3: and that's exactly why the funds were included in this
• 12:21
  Speaker 3: bill for the Golden Dome Missile Defense System. We also
• 12:25
  Speaker 3: know the bill delivers the largest coast guard upgrade since
• 12:29
  Speaker 3: World War Two. Why are we doing that?
• 12:32
  Speaker 2: Because that's where the fetinyl is coming into this country
• 12:35
  Speaker 2: and the criminal cartels are clearly exploiting our open seats.
• 12:40
  Speaker 2: Now we will have the largest coastguard upgrade that we've
• 12:44
  Speaker 2: had since World War Two, something that needed to happen
• 12:47
  Speaker 2: decades ago. Finally, the bill modernized our military to ensure
• 12:52
  Speaker 2: it has the resources to be ready and encourages a
• 12:57
  Speaker 2: lethal fighting force. After four years of weeks by the
• 13:00
  Speaker 2: Biden administration, we've fallen behind China, but ninety longer. It
• 13:06
  Speaker 2: also ends Biden's war on American energy and drives down
• 13:11
  Speaker 2: energy costs, something that was important in this bill to
• 13:14
  Speaker 2: make sure that we as a nation are in fact
• 13:17
  Speaker 2: energy independent, something that the prior administration did everything they
• 13:22
  Speaker 2: could to make sure that we were weak as a nation.
• 13:26
  Speaker 2: And it also unleashes domestic oil, domestic gas, as well
• 13:31
  Speaker 2: as nuclear power, restoring what made America great all along
• 13:36
  Speaker 2: the ability to function without relying on Middle Eastern countries
• 13:40
  Speaker 2: or anyone else that's producing oil around the world, including
• 13:44
  Speaker 2: places like Russia. So if you want to know what's
• 13:47
  Speaker 2: in this America first, this big, this beautiful bill, well
• 13:52
  Speaker 2: here's what's in it. Now it moves back to the
• 13:55
  Speaker 2: House and hopefully it will be moving within days to
• 13:59
  Speaker 2: the press desk.
• 14:01
  Speaker 4: And here is story number three.
• 14:03
  Speaker 1: We also know this.
• 14:05
  Speaker 2: The President is also moving on to other major issues.
• 14:09
  Speaker 2: For example, Donald Trump is calling for the FED chair
• 14:15
  Speaker 2: Powell to quit quote immediately. Trump is ramping up the
• 14:19
  Speaker 2: pressure on Powell, urging lower interest rates against the Federal
• 14:24
  Speaker 2: Reserve Chair's continued opposition the president making it clear that
• 14:28
  Speaker 2: it's time for him to quote resign. In a True
• 14:32
  Speaker 2: Social post on Wednesday in the late afternoon, Trump said
• 14:36
  Speaker 2: too late, should resign immediately. He also linked to a
• 14:40
  Speaker 2: Bloomberg story headline that says FED chair should be investigated
• 14:44
  Speaker 2: by Congress. The FHSA head is now saying Powell was
• 14:51
  Speaker 2: nominated by Trump to lead the FED during the first administration.
• 14:55
  Speaker 2: Joe Biden, who succeeded Trump as President, nominated him for
• 14:58
  Speaker 2: a second term. His tenure as the FED chair is
• 15:01
  Speaker 2: set to end May of twenty twenty six, and Trump
• 15:06
  Speaker 2: is ramping up pressure, saying I don't want to wait
• 15:09
  Speaker 2: on Jerome Powell's tenure to end, issuing a call for
• 15:14
  Speaker 2: lower interest rates against the Federal Reserve Chair and continued
• 15:18
  Speaker 2: opposition and calling out the failure of the Fed's monetary policy.
• 15:24
  Speaker 2: For instance, earlier this week, Donald Trump posted this, Jerome
• 15:29
  Speaker 2: too late. Powell and his entire board should be ashamed
• 15:33
  Speaker 2: of themselves for allowing this to happen in the United
• 15:35
  Speaker 2: States of America. They have one of the easiest yet
• 15:39
  Speaker 2: most prestigious jobs in America, and they've failed, and they
• 15:43
  Speaker 2: continue to do so, saying this, If they were doing
• 15:47
  Speaker 2: their job properly, our country would be saving trillions of
• 15:50
  Speaker 2: dollars in interest costs. The board just sits there and watches,
• 15:56
  Speaker 2: so they are equally to blame. We should be paying
• 15:59
  Speaker 2: one percent or better now. The post preceded trump SONI
• 16:03
  Speaker 2: a letter to Powell urging him to lower interest rates,
• 16:05
  Speaker 2: the White House Press Secretary Caroline Levitt told reporters on Monday.
• 16:10
  Speaker 2: Pallis stated that the Fed's decision to hold off on
• 16:13
  Speaker 2: dropping your interest rates owes much to concern about the
• 16:18
  Speaker 2: possible impacts of quote tariffs on inflation that coming from
• 16:23
  Speaker 2: CBS News Now reports say he's waiting to see how
• 16:27
  Speaker 2: the Trump tearor policy quote plays out and what it
• 16:30
  Speaker 2: ultimately does to the US economy before making interest rate adjustments.
• 16:36
  Speaker 2: Powell has specifically said he wants to see longer term impacts,
• 16:41
  Speaker 2: if any, on consumer pricing. So I tell you that
• 16:45
  Speaker 2: story to just make it very clear there could be
• 16:48
  Speaker 2: some big changes coming very soon. But it also tells
• 16:51
  Speaker 2: you about the confidence that the President has that by
• 16:55
  Speaker 2: the time many of you hear this, he will already
• 16:58
  Speaker 2: have the biggest tax c that we've seen in our
• 17:01
  Speaker 2: lifetime and turning it into a reality. So what does
• 17:05
  Speaker 2: that mean moving forward, Well, it means we could see
• 17:09
  Speaker 2: some pretty big changes here. The President even moving forward
• 17:13
  Speaker 2: to say there are quote two or three choices to
• 17:16
  Speaker 2: replace the FED chairman and saying on Tuesday, yes, I'm
• 17:21
  Speaker 2: ready to go. When asked to board Air Force one
• 17:24
  Speaker 2: whether he has a top choice to succeed your own Powell,
• 17:27
  Speaker 2: Trump said exactly this, I have two or three top choices.
• 17:32
  Speaker 2: He declined to give any further information, yet again showing
• 17:36
  Speaker 2: how much Donald Trump's ready to move on. We also
• 17:39
  Speaker 2: know that The Wall Street Journal reported last week that
• 17:42
  Speaker 2: Trump is considering the former FED Governor Kevin Walsh and
• 17:46
  Speaker 2: National Economic Council Director Kevin Hassett as replacements. Also, Treasury
• 17:52
  Speaker 2: Secretary of Scott Descent is also being pitched as a
• 17:55
  Speaker 2: potential candidate. That according to Wall Street Journal, which also
• 18:00
  Speaker 2: listed former World Bank President and FED Governor Christopher Waller
• 18:05
  Speaker 2: as potential nominees. Now courting the Wall Street Journal, Trump
• 18:09
  Speaker 2: is toyed with the idea of selecting and announcing a
• 18:12
  Speaker 2: replacement as early as September or October. However, the CENT
• 18:16
  Speaker 2: told Bloomberg TV on Monday that the Trump administration is
• 18:20
  Speaker 2: considering using the next expected Federal Reserve Border governor's vacancy
• 18:24
  Speaker 2: in early twenty twenty six to appoint a successor.
• 18:27
  Speaker 3: Now.
• 18:28
  Speaker 2: Since returning to the White House in January, Trump has
• 18:30
  Speaker 2: criticized Powell, as well as other FED governors for declining
• 18:35
  Speaker 2: not to lower interest rates, which are currently in the
• 18:38
  Speaker 2: four point twenty five to four point five to zero range.
• 18:41
  Speaker 2: FED chairs have long seen as insulated from presidential dismissal
• 18:46
  Speaker 2: for reasons other than malfeasan's or misconduct that Trumps threatened
• 18:51
  Speaker 2: to test the legal premise with frequent threats to fire
• 18:55
  Speaker 2: Jerome Powell now Supreme Court ruling in May. By the way,
• 18:59
  Speaker 2: he's concerns that Trump could fire Powell, as the Justice
• 19:04
  Speaker 2: called the Fed quote a uniquely structured quasi private entity.
• 19:10
  Speaker 2: So that leaves us at this point where the president's
• 19:13
  Speaker 2: clearly saying he believes Jerown Powell on this board are
• 19:16
  Speaker 2: the wrong people for the job, and he wants to
• 19:19
  Speaker 2: move as quickly as possible to move the country in
• 19:22
  Speaker 2: the right direction. He also has made it clear that
• 19:25
  Speaker 2: lower interest rates save you countless dollars in interests, something
• 19:30
  Speaker 2: that's good he believes for the economy. So if you
• 19:34
  Speaker 2: want to know what's happening right now at the White House,
• 19:37
  Speaker 2: it's pretty clear the present's getting ready for a very
• 19:40
  Speaker 2: big Fourth of July celebration, and it's one that is
• 19:44
  Speaker 2: going to give you a huge advantage in your pocket book.
• 19:48
  Speaker 1: And he's not done there.
• 19:50
  Speaker 2: He's also now looking to lower interest rates for you
• 19:53
  Speaker 2: as well. And that is exactly what the America First
• 19:57
  Speaker 2: Agenda that Donald Trump promised you looks like as we
• 20:00
  Speaker 2: go into the fourth of July.
• 20:02
  Speaker 4: Thank you for listening to the forty seven Morning Update
• 20:05
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