Latest / The Ben Ferguson Podcast / DOJ Launches Criminal Probe into Fed Chair plus Paid Pro Agitators Target ICE Nationwide
Transcript
- 0:00Speaker 1: The money's going to be paid directly to the people,
- 0:03Speaker 1: so it goes directly, not to the companies, not to
- 0:06Speaker 1: the insurance companies, going to go directly to the people,
- 0:09Speaker 1: and the people.
- 0:10Speaker 2: Are going to buy their own healthcare.
- 0:12Speaker 1: He'll get much better healthcare.
- 0:14Speaker 3: And you're listening to the forty seven Morning Update with
- 0:18Speaker 3: Ben Ferguson.
- 0:19Speaker 2: Good Saturday morning to you. Ben Ferguson with you, and
- 0:22Speaker 2: these are some of the stories that you may have
- 0:24Speaker 2: missed that we talked about this week on the forty
- 0:26Speaker 2: seven Morning Update. First up, in a shocking news event
- 0:31Speaker 2: on Sunday night, the FED Chair Jerome Powell says he's
- 0:34Speaker 2: under criminal investigation and also put out an unprecedented video
- 0:39Speaker 2: from the FED saying he will not bow to the
- 0:42Speaker 2: Trump administration and his intimidation. Also, President Donald Trump is
- 0:47Speaker 2: pledging to uncover leftist groups that are countering ICE agents.
- 0:52Speaker 2: We're seeing it happen all over the country. And the
- 0:55Speaker 2: anti ice mobs well there anything but organic. So who
- 0:59Speaker 2: is financing them? That coming up as well. But first
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- 3:10Speaker 2: Morning Update. It's the forty seven Morning Update and it
- 3:13Speaker 2: starts right now.
- 3:15Speaker 3: Story number one.
- 3:16Speaker 2: We are now learning President Trump's administration has opened a
- 3:20Speaker 2: criminal probe into the FED chair Jerome Powell, the Central
- 3:25Speaker 2: Bank chair, has condemned what he's describing as intimidation following
- 3:31Speaker 2: grand jury subpoenuts. President Trump's administration opening the criminal investigation
- 3:37Speaker 2: into the Federal Reserve chairman in a development set to
- 3:40Speaker 2: heighten concerns about the quote independence of the US monetary policy.
- 3:45Speaker 2: That is, how the left in the media are spending
- 3:48Speaker 2: it already. Powell is set on Sunday that the Central
- 3:51Speaker 2: Bank has been served with grand jury subpoenuts related to
- 3:56Speaker 2: his own testimony about the renovation to the Fed's headquarters
- 4:01Speaker 2: in Washington, d C. Quote. The threat of criminal charges
- 4:06Speaker 2: is a consequence of the Federal Reserve setting interest rates
- 4:10Speaker 2: based on our best assessment of what will serve the public,
- 4:15Speaker 2: rather than following the preferences of the President, Palell said
- 4:18Speaker 2: in a rare video message, he said, this is about
- 4:22Speaker 2: where the FED will be able to continue to set
- 4:25Speaker 2: interest rates based on evidence and economic conditions, or whether
- 4:33Speaker 2: instead monetary policy will be directed by political pressure and intimidation.
- 4:41Speaker 2: That is again the FED Chairman's own words. Now the
- 4:45Speaker 2: federal prosecutors opening the criminal investigation confirming it Sunday evening
- 4:51Speaker 2: as well, Powell said that the probe was the result
- 4:55Speaker 2: of just what he said, basically a political attack on him.
- 5:00Speaker 2: Said that on Friday, the Department of Justice served the
- 5:03Speaker 2: Federal Reserve with the grand jury subpoenas threatening the criminal
- 5:07Speaker 2: indictment related to my testimony. In fact, here is Jerome
- 5:11Speaker 2: Powell in his own words and a shocking video he released.
- 5:15Speaker 4: On Friday, the Department of Justice served the Federal Reserve
- 5:18Speaker 4: with grand jury subpoenas threatening a criminal indictment related to
- 5:22Speaker 4: my testimony before the Senate Banking Committee last June. That
- 5:26Speaker 4: testimony concerned, in part, a multi year project to renovate
- 5:30Speaker 4: historic Federal Reserve office buildings. I have deep respect for
- 5:34Speaker 4: the rule of law and for accountability in our democracy.
- 5:38Speaker 4: No one, certainly not the chair of the Federal Reserve,
- 5:41Speaker 4: is above the law. But this unprecedented action should be
- 5:44Speaker 4: seen in the broader context of the administration's threats and
- 5:48Speaker 4: ongoing pressure. This new threat is not about my testimony
- 5:52Speaker 4: last June or about the renovation of the Federal Reserve buildings.
- 5:56Speaker 4: It is not about Congress's oversight. Rule. Testimony and other
- 6:01Speaker 4: public disclosures made every effort to keep Congress informed about
- 6:05Speaker 4: the renovation project. Those are pretexts. The threat of criminal
- 6:10Speaker 4: charges is a consequence of the Federal Reserve setting interest
- 6:14Speaker 4: rates based on our best assessment of what will serve
- 6:17Speaker 4: the public, rather than following the preferences of the President.
- 6:22Speaker 4: This is about whether the Fed will be able to
- 6:24Speaker 4: continue to set interest rates based on evidence and economic conditions,
- 6:28Speaker 4: or whether instead monetary policy will be directed by political
- 6:31Speaker 4: pressure or intimidation. I have served at the Federal Reserve
- 6:36Speaker 4: under four administrations, Republicans and Democrats alike. In every case,
- 6:41Speaker 4: I have carried out my duties without political fear or favor,
- 6:45Speaker 4: focused solely on our mandate of price stability and maximum employment.
- 6:51Speaker 4: Public service sometimes requires standing firm in the face of threats.
- 6:56Speaker 4: I will continue to do the job the Senate confirmed
- 6:58Speaker 4: me to do with integrity and a commitment to serving
- 7:02Speaker 4: the American people. Thank you.
- 7:06Speaker 2: It is a shocking move for the Federal Reserve to
- 7:08Speaker 2: put out a video like this. A person familiar with
- 7:12Speaker 2: the investigation also telling CNBC that they would not dispute
- 7:16Speaker 2: the idea that the probe of Pal is related to
- 7:19Speaker 2: the building renovation and his testimony to Congress, saying, quote,
- 7:23Speaker 2: I have deep respect for the rule of law and
- 7:25Speaker 2: for accountability in our democracy. But as you heard again,
- 7:30Speaker 2: Pal say, no one, certainly not the Chair of the
- 7:32Speaker 2: Federal Reserve is above the law. But this unprecedent action
- 7:37Speaker 2: should be seen in the broader context of the administration's
- 7:40Speaker 2: threat and ongoing pressure. No one, certainly not. The Chair
- 7:44Speaker 2: of the Federal Reserve is above the law, saying it
- 7:46Speaker 2: not once, but you heard there twice, and he says
- 7:50Speaker 2: that this is a new threat now. The New York
- 7:53Speaker 2: Times was the first to report the probe, citing officials
- 7:56Speaker 2: briefed on the matter. The investigation is also being over
- 8:00Speaker 2: scene by the US Attorney's Office for the District of Columbia.
- 8:03Speaker 2: According to the newspaper, the office is led by the
- 8:06Speaker 2: US Attorney you know, hers, Judge Janee, a former New
- 8:11Speaker 2: York state prosecutor former Fox News host who was appointed
- 8:15Speaker 2: to that job by President Donald Trump. Trump has repeatedly
- 8:19Speaker 2: blasted Powell for the FED not cutting interest rates as
- 8:23Speaker 2: much and as quickly as the President is demanded since
- 8:25Speaker 2: ining the White House in January of twenty twenty five.
- 8:29Speaker 2: The White House, by the way, not commenting at this moment,
- 8:33Speaker 2: referring questions about the probe to the Department of Justice.
- 8:37Speaker 2: But if you look at the investigation, it does actually
- 8:41Speaker 2: just seem to be about one thing. Did Powell lie
- 8:45Speaker 2: to Congress about the renovations which became a flashpoint of
- 8:50Speaker 2: the Federal Reserve building and those ongoing well renovations that
- 8:55Speaker 2: the President has criticized. A DOJ spokesperson in a statement
- 9:01Speaker 2: to c NBC without saying the comment was about Pals
- 9:05Speaker 2: that quote, the Attorney General has instructed her US attorneys
- 9:09Speaker 2: to prioritize investigating any abuse of taxpayer dollars. So maybe
- 9:16Speaker 2: to the media, take a step back. Maybe the media
- 9:20Speaker 2: you should look at the facts, and maybe the media
- 9:23Speaker 2: you should stop jumping to conclusions and realize this maybe
- 9:26Speaker 2: is not about interest rates. But maybe his own testimony
- 9:30Speaker 2: and what he said to Congress will keep covering it.
- 9:34Speaker 2: My bet is the President's probably going to be right
- 9:36Speaker 2: on this one yet again. Now story number two, President
- 9:40Speaker 2: Donald Trump has come out and pledged to uncover the
- 9:43Speaker 2: leftist groups that are countering ICE all over the country.
- 9:48Speaker 2: President Trump said that he believes the woman that was
- 9:51Speaker 2: fatally shot by a US Immigration and Customs enforcement officer
- 9:55Speaker 2: in Minneapolis last week may have been a professional agitator,
- 9:59Speaker 2: in indicator that the government will uncover the funding sources
- 10:03Speaker 2: behind such anti law enforcement agitation nationwide. Here's the President
- 10:08Speaker 2: in his own words.
- 10:10Speaker 1: The woman and her friend were highly disrespectful of law enforcement.
- 10:15Speaker 1: You saw that they were harassing that were following for
- 10:19Speaker 1: days and for hours, and I think, frankly, they're professional agitators,
- 10:25Speaker 1: and I'd like to find out and we are going
- 10:27Speaker 1: to find out who's paying for it with their brand
- 10:30Speaker 1: new designs and all the different things. But these are
- 10:33Speaker 1: professional agitators, and law enforcement should not be in a
- 10:37Speaker 1: position where they have to put up with this stuff.
- 10:40Speaker 1: What that woman and what her friend and what their
- 10:44Speaker 1: other friends were doing to law enforcement, not just ICE,
- 10:48Speaker 1: law enforcement is outrageous.
- 10:51Speaker 2: The President added that he would like to find out,
- 10:54Speaker 2: and we're going to find out who's paying for it.
- 10:56Speaker 2: With their brand new signs and all the different things.
- 10:59Speaker 2: These are professional agitators and law enforcements should not be
- 11:03Speaker 2: in a position where they have to put up with
- 11:05Speaker 2: this stuff. What that woman and what her friend and
- 11:08Speaker 2: what their other friends are doing to law enforcement, not
- 11:11Speaker 2: just ICE, law enforcement is outrageous. The US Department of
- 11:15Speaker 2: Homeland Security retweeting a post in which rep Republican Representative
- 11:19Speaker 2: Lance Couden of Texas asserted that the anti ICE protesters
- 11:23Speaker 2: are actually all just being paid for saying, quote the
- 11:26Speaker 2: anti ICE mobs or anything but organic dark money is
- 11:31Speaker 2: bankrolling these far left groups like ice Watch and Lighting
- 11:35Speaker 2: the Fuse. Americans deserve to know who's cutting the checks,
- 11:38Speaker 2: the lawmaker said in his post. A person weaponizing their
- 11:43Speaker 2: vehicle against law enforcement is unacceptable, and we're witnessing it.
- 11:47Speaker 2: Happen all over the country. Fox News having even more
- 11:52Speaker 2: on this, and here's what they said.
- 11:54Speaker 3: Right now, DHS is deploying hundreds of more federal agents
- 11:57Speaker 3: to Minnesota as violent anti ice protests continues to rise
- 12:01Speaker 3: in the state.
- 12:02Speaker 5: Matt Finn joins us Live in Minneapolis with the details.
- 12:05Speaker 6: Hey, Matt hi Ainsley, DHS sources tell us up to
- 12:08Speaker 6: one thousand additional federal officers could surge at Minneapolis here.
- 12:12Speaker 6: That's on top of the already two thousand agents on
- 12:15Speaker 6: the ground. And this comes as DHS Secretary Christy Noum
- 12:19Speaker 6: is defending her assessment of the Renee Good shooting.
- 12:22Speaker 5: If you look at what the definition of domestic terrorism is,
- 12:25Speaker 5: it completely fits the situation on the ground. This individual,
- 12:29Speaker 5: as you saw in the video that we released just
- 12:31Speaker 5: forty eight hours after this incident, showed that this officer
- 12:35Speaker 5: was hit by her vehicle, she weaponized it, and he
- 12:38Speaker 5: defended his life and those colleagues around him and the public.
- 12:42Speaker 6: But the Democratic Mayor of Minneapolis, Jacob Frye, disagrees and
- 12:46Speaker 6: is slamming Secretary Noum.
- 12:48Speaker 7: It sounds like she doesn't believe a single word that
- 12:51Speaker 7: she is saying right now. Here's the thing she's calling
- 12:54Speaker 7: Minneapolis like this dystopian hell hole. You know how many
- 12:57Speaker 7: shootings we've had so far this year, two and one
- 13:01Speaker 7: of them was Ice. Two shootings in a large city
- 13:04Speaker 7: so far this entire year, and one of them is Ice.
- 13:07Speaker 7: This is a safe city, Ice and Christy Noman, everything
- 13:11Speaker 7: they're doing is making it far less safe.
- 13:14Speaker 6: And there's new video leading up to the moments of
- 13:16Speaker 6: Renee goods shooting death by an ICE agent on Wednesday.
- 13:28Speaker 6: The video appears to show goods suv partially blocking the street,
- 13:32Speaker 6: honking her horn and apparently dancing in the driver's seat.
- 13:36Speaker 6: Border Patrol tells us it's dangerous for agents to be
- 13:39Speaker 6: blocked in by a car because there are so many
- 13:42Speaker 6: anti ICE agitators who quickly surround them. A new video
- 13:45Speaker 6: from last night apparently shows federal agents using crowd control
- 13:49Speaker 6: tactics firing tear gas and pepper balls at protesters outside
- 13:53Speaker 6: the federal building where ICE detainees are being held. An
- 13:56Speaker 6: independent photographer who was there says protesters try to stop
- 14:00Speaker 6: traffic in and out of the federal facility and they
- 14:04Speaker 6: were met with forces. Now this is happening in a
- 14:06Speaker 6: city where the mayor has told ICE to get the
- 14:09Speaker 6: f out, and highly organized anti ICE activists are patrolling
- 14:12Speaker 6: the neighborhoods. We ask Border Patrol during a ride along
- 14:16Speaker 6: if any of this is going to.
- 14:17Speaker 8: Deter them, Absolutely not. We're out here to do a
- 14:20Speaker 8: job and we're not going to stop until it's done.
- 14:23Speaker 8: If a mayor wants to say something that he's not
- 14:27Speaker 8: not for us, if anybody wants to say that they're
- 14:29Speaker 8: not for us, that is not going to stop what
- 14:32Speaker 8: we're doing in Minneapolis or anywhere across the country.
- 14:36Speaker 6: And that was during a ride along with Border Patrol.
- 14:38Speaker 6: Have to say, driving around the city, as soon as
- 14:40Speaker 6: they get out of their cars, they're met with people
- 14:42Speaker 6: who have those ear piercing whistles, of people, you know,
- 14:46Speaker 6: resisting trying to surround the cars. There is really a
- 14:49Speaker 6: highly organized anti ICE, anti border patrol network here on
- 14:52Speaker 6: the ground in the Twin Cities.
- 14:54Speaker 2: It's clear the President United States of America wants to
- 14:57Speaker 2: find out exactly who is weaponizing the these individuals to
- 15:00Speaker 2: go after ICE agents. And you can see it there
- 15:03Speaker 2: as ICE put out saying these individuals are impeding law
- 15:06Speaker 2: enforcement and they're weaponizing their vehicles against ICE. The officer
- 15:11Speaker 2: in this shooting was dutifully acted in self defense. That
- 15:16Speaker 2: is what the DHD Assistant Secretary for Public Affairs, Tricia
- 15:19Speaker 2: McLaughlin said on X When Thing's for sure, the President
- 15:23Speaker 2: now has made it clear, we're going to find out
- 15:25Speaker 2: exactly who's paying these individuals and what group is behind them.
- 15:28Speaker 3: Thank you for listening to the forty seven Morning Update
- 15:31Speaker 3: with Ben Ferguson. Please make sure you hit subscribe wherever
- 15:35Speaker 3: you're listening to this podcast right now and for more
- 15:39Speaker 3: in depth news, also subscribe to the Ben Ferguson podcast
- 15:43Speaker 3: and we will see you back here on Monday morning