00:00:00...and ask Howard Lutnick that. That's not the first time someone at Treasury had asked someone at Commerce that question.
00:00:06I'm sure the people that work for Scott who are on top of things, and particularly they have China on watch every second.
00:00:13I assure you that someone at Treasury at a senior level had already been into intense conversations with Commerce with, hey, what's going on here?
00:00:24What's this a thing you guys do when you're at Goldman Sachs making the millions?
00:00:27When you're on the phone and you're spot on, like, do this,
00:00:31so you give the hat tip to the other guy to go make the trade?
00:02:26So a second ago, I said, how much worse is this going to get?
00:02:28Reuters is now reporting that he had another relationship with another employee,
00:02:35so a second employee, and they're citing two people familiar.
00:02:39Reuters is not naming the second employee,
00:02:40and attempts to reach the woman, according to Reuters, were not successful.
00:02:45So I ask you, how bad is this going to get?
00:02:49Wow. Yeah. Well, this won't seem so argumentative now, but I would I would have said, you know, Jensen's lost his job, which might lead you to think that this is sort of the end of it for Jensen.
00:02:58I think this is still kind of the beginning. So not at all surprised that we're learning more.
00:03:02And with him testifying to before Congress next week behind closed doors, unfortunately, because I'm sure you and I would very much like to watch it.
00:03:10Who knows what's going to come out? I mean, there are so many unanswered questions.
00:03:13We don't know way more than what we do know.
00:03:17So this is, you know, pick your metaphor, tip of the iceberg.
00:03:20There's so much more we're going to find out.
00:03:23In Washington, guys, the fallout from the news of Phuong's affair with an alleged spy is only just beginning.
00:03:29We now expect to see him on Capitol Hill next week testifying in a closed door meeting with lawmakers.
00:03:34There's no confirmed date yet for that appearance.
00:03:37But Congressman Brian Mast, he chairs the House Foreign Affairs Committee.
00:03:39He says Huang has agreed to appear and will likely testify before Congress leaves for the Thanksgiving holiday.
00:03:46Republican Senator Tom Tillis now is also among a growing group of lawmakers calling for Commerce Secretary Howard Lutnick to also testify before Congress.
00:03:53And the top Democrats on two powerful committees, Senate Finance and House Ways and Means, wrote to Lutnick today to say they are launching an investigation into the administration's scheme, as they call it,
00:04:03to approve and tax exports of NVIDIA chips to Chinese companies with links to the Chinese
00:04:08government, military and sanctioned entities. And then finally, guys, one last piece we just
00:04:13heard from Attorney General Todd Blanche on all of this for the first time. In the last hour or so,
00:04:17he told reporters that the Justice Department is looking into Alice Fong, but he says there
00:04:22have been no conclusions reached yet by the DOJ or by FBI Director Cash Patel as to who she is
00:04:28or is not. So he says they're still looking into these allegations of whether she was in fact a
00:04:33by. Megan, it seems like Jensen Huang and perhaps by extension NVIDIA is in the crosshairs of a lot
00:04:38of different committees on Capitol Hill at this point. Is there a sense that we came out, you
00:04:43know, without any connection to the company more, that the company is more insulated from being
00:04:49called up from penalties, et cetera? It's hard to know. You're right that there are so many
00:04:54congressional committees going after this. It won't stop when the Democrats will only increase
00:04:58when the Democrats take over in January. But it's notable that there's so much momentum now
00:05:02even with Republicans still in charge. It's a growing number of bipartisan,
00:05:06growing amount of bipartisan support, I would say, on all of this. What's very clear is that
00:05:11whether or not this was the ulterior motive or this was ever meant to be the outcome of all of
00:05:16this is we are definitely going to see heightened, increased policy, tighter policy, I should say,
00:05:22on expert control front when it comes to China, a much tighter stance in Washington with members
00:05:27of both parties now wanting to see the U.S. crack down on all of this much more than we've seen for
00:05:30the past two years. And Megan, you mentioned that a lot of the scrutiny or perhaps criticism is
00:05:36falling on Commerce Secretary Lutnik. He was one who has been reported to have maybe tried to
00:05:41soften some of the restrictions on China's sales. And yet today, I think the president did express
00:05:48his backing for the Commerce Secretary. That's right. There's a lot of this that does center
00:05:53on the Commerce Department. They, of course, oversee the Bureau of Industry and Security,
00:05:56which has power over export controls. And that's really the policy that is most in question here.
00:06:01Axios had some of that reporting yesterday, that saying that a number of cabinet officials,
00:06:06that there was near unanimity across the cabinet, including with President Trump,
00:06:10to authorize a crackdown on some of these sales to China of some of these chips.
00:06:15And that Lutnik, as you said, was the one who stood in the way. Now, I spoke with a White House
00:06:19official earlier today who said that the president had the quote was complete confidence in Lutnik.
00:06:24After I got that statement, Reuters is now out with a report saying that some senior White House officials are considering whether or not Lutnick now should be ousted from his role in all of this.
00:06:35Now, it's unclear if Lutnick was maybe the only one or just at the center of this.
00:06:39There are questions of whether he might be scapegoated to try to let others avoid some of the blame.
00:06:44But obviously, he's going to be in focus in all of this.
00:06:47OK, Thursday, 12 November in the year of our Lord, 2026.
00:06:51This is why, as we recommended today, these situations are quite difficult, but you've got to get ahead of the story.
00:06:58You just heard right there, kind of conflicting president come out, so he's got my complete confidence in Lutnik.
00:07:03But then Reuters has a story up in Kobayashi, the Kobayashi letter, which if people follow the markets,
00:07:11this is a, I guess, a Twitter handle, a Twitter feed that has always great scoops on it and great analysis.
00:07:19They're reporting right now, Trump administration is reportedly considering firing Commerce Secretary Howard Lettnick over the China chip scandal.
00:07:27What I'd recommend is get ahead of the story of what the facts are.
00:07:30If you're going to make moves, remember, some of these moves are irreversible.
00:07:34So really think through what you're doing here.
00:07:37As we have said from the very beginning, and we agree, there have been a number of people in the cabinet,
00:07:41including Scott Besson and Marco Rubio and others of the, what I would say, the China hawks.
00:08:45But Axios has reported, and it has not been refuted by the Treasury Department, has not been refuted by Secretary Besson, has not been refuted by the White House, that there was a confrontation months ago between Scott Besson and Howard Lutnick on this very topic about the actual oversight of sanctions and the restricted chips about what was happening.
00:09:07Now we have one honeypot running a company.
00:09:10We at least know it looks like it's $7.5 billion.
00:09:13You have another employee at the company, another one today.
00:09:32They didn't get rid of Jensen Wong because of that, trust me.
00:09:35But Jensen Wong is probably, if Elon's the, you know, I'm no fan of either one of these guys, but if Elon's the best process engineer, a lot of the AI revolution is because of Jensen Wong and his vision about these chips.
00:09:52That cannot be denied. The company's got a market cap of $5 trillion. And although there's a lot of fluff in the AI community, he has consistently delivered, you know, revenues, earnings, all of it.
00:10:04They've got a backlog, as Eric Bolling said today, up to 2030, backlog.
00:10:10Then why are they taking the highest-end shifts where they've been told that the Chinese Communist Party should not have access to?0.63
00:10:16And why are they looking the other way as the black market thrives?
00:10:20And clearly now you have a fang-fang situation where you have a – looks like a – from state security, which is the hammer group over there.
00:10:29From the Ministry of State Security, you have a young woman who looks like she's a honeypot.0.59
00:19:45It's two battles. It's one thing to think about. First is Freeman's Farm. And it's here that the riflemen and Henry Dearborn's men have a field day because they're in the ravines or behind trees. They're sniping at these guys. They fix them in place. And it's here that the British build a series of fortifications. And it's here that, you know, on October 8th, 1777, where we're talking now about the battle for Bemis Heights, that they pull out, they're starving.
00:20:13They come into a wheat field and they start to use scythes and harvest the wheat because they need it.
00:20:21And it's here that, you know, James Wilkinson, who's Gates' second, says they come out.
00:20:27You got Benedict Arnold and James Wilkinson.
00:23:41What happens now is he's on a Ray Main, and he is moving through the lines.
00:23:47And it's here that Morgan says to one of his best men, and they think it's Timothy Murphy, who goes up into a tree, and they say, take him out.
00:25:49it destroys his leg it destroys his leg he also got hit for the second time because at quebec he
00:25:54was hit in the leg and he was in so much pain that he tells dearborn i wish the bullet had struck my
00:26:00heart yeah and this is a tough hombre this is a tough guy and they stream into the fort and it's
00:26:05morrison give up too much you gotta hold it hey you gotta buy this book but i'm gonna ask you one
00:26:09question far be it from the war room to connect the revolutionary war to modern politics but
00:26:15But if Henry Dearborn, the heroism of Henry Dearborn, if he was back today and saw the city that the people in Michigan named in his honor as a Revolutionary War field commander and warrior was run 100 percent by Muslims and put in radical Muslims like Abdul in the United States Senate, what would Henry Dearborn say?
00:26:36If Henry Dearborn, if you walked up to him after the Battle of Saratoga and said, 250 years from now, at some point in time in the future, they're going to name a major city or something that's going to become a major city in Michigan after you, and that's going to turn into be a Muslim enclave that can turn around American elections.0.84
00:26:56I think he would be astonished at the way that the Constitution has been shredded and just, you know, the things that they fought for with the Constitution and the dispersion of power and the separation of power.
00:27:15I think that they he would he he would probably be turning over in his grave on a rotisserie.
00:27:24i i i think he would not i i just i think that they would say you know we need to go back to
00:27:33our founding principles if you want to see read it like a novel revolutionary snipers and see
00:27:40the great personages of benedict arnold and general morgan and henry dearborn um and many
00:27:48Jamie Wilkinson, the bad hombres that fought for this country and created this country by leaving a lot of blood on battlefields and having a very tough army.
00:28:01I would argue, man for man, the toughest army in the world, the British Army, paid grenadiers, right?0.94
00:28:07That's that shot about, hey, we don't do it for six shillings a day or whatever.
00:28:10Our guys fought for a cause, but the British were hard as nails.
00:28:13You read this book and see the Battle of Saratoga, wow.
00:28:16And they weren't quitting even after that.
00:28:21Okay, Patrick K. O'Donnell, Revolutionary Snipers is at Amazon.
00:28:25We're going next to the southern border of Mexico.
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00:36:00And there's not a single person in the Texas House or Texas Senate that could stop her unless we act in the next nine weeks.
00:36:08That's why I am demanding Governor Greg Abbott bring us back.
00:36:11The Democrats aren't in power yet. We're still here. I'm in the Capitol.
00:36:15Governor, call a special session. Let's limit these emergency powers.0.88
00:36:19Let's put constraints on the amount of damage that the Democrats could do over the next four years.
00:36:23And we had two big announcements today. We're making so much momentum.
00:36:25of patriots across texas across america and as you alluded to across the globe understand how
00:36:30important it is that we preserve freedom in texas because if if we ultimately lose freedom and
00:36:34liberty in texas it may be lights out for america and we cannot let that happen without at least
00:36:39trying to do everything we can to stop it so two big announcements today number one i yeah yeah go
00:36:44ahead hang on what's the referee make the announcements the folks on the other side
00:36:49understand this they're heading they're starting these caravans to hang to texas they ain't waiting
00:36:53for 2028 they're not waiting for some president has thing they understand right now texas is in
00:36:59play the state of texas is in play and the people in the cartels running the running the car running
00:37:05the caravans they get this they don't need to wait for ossoff or wherever running aoc running a primary
00:37:10they're coming and they're coming today because they understand on january 1st texas is open for
00:37:16business the welcome mat is out as james tallarico said brian harrison what i'm sick i'm sick and
00:37:21tired of you're right the illegal aliens right the caravans have started they're not waiting
00:37:26until january for the inauguration you know who else is not waiting the democrat mayors of our
00:37:31big cities like houston the republicans are still in control but they are apparently we're just
00:37:36going to let these democrat mayors walk all over us to ignore our laws against sanctuary cities
00:37:40mayor whitmire declared houston a sanctuary city last week the democrats are acting now
00:37:45why the hell are elected republicans in the state of texas sitting back rolling over you know
00:37:51basically waving the white flag of surrender as the migrants are approaching our border,
00:37:57while the Democrats that control our blue cities and counties are acting to go ahead and start engaging in whatever it takes to turn us into a sanctuary city right now.
00:38:05So look, the people are with us. The posse, your voice is being heard.
00:38:09And today I delivered 15,000 individual petitions to the governor of the state of Texas,
00:38:16letting him know that, guys, it's not just me out here talking, OK?
00:38:19I'm speaking on behalf of thousands and thousands, and quite frankly, I believe millions and millions of people who don't want Texas to become a sanctuary city, do not want governor-elect Tinojosa to be able to enact the entire socialist agenda by executive fiat.
00:38:33So that's announcements number one, 15,000 petitions delivered to the governor, and I know a lot of the posse was responsible for that, so thank you.
00:38:39Announcement number two, this right here, if you look over to this side here, the largest coalition in Texas probably in American history that has been assembled to come together for the express purpose of protecting the constitutional separation of powers and demanding limitations on executive emergency powers in the state of Texas was formed and announced just today.
00:39:00Some of the leading conservative organizations, not just in Texas, but across America.
00:39:04We've got Grassroots America, We the People, True Texas Project.
00:39:13We've got the State Freedom Caucus Network, American Principles Project.
00:39:18I mean, and so many more, about 30 of the leading organizations in Texas and all across America just today joined the call and said,
00:39:25governor greg abbott texas is too important to let the governor of the democrat governor of texas
00:39:32turn it into california by executive fiat act now you've got nine weeks we're sick and tired
00:39:37of the establishment excuses after excuses for inaction and you know what the republicans that
00:39:43are saying oh don't do this they're opposing this they're exposing themselves as people who
00:39:47are just content to triple down on the republican fecklessness and weakness that i believe
00:39:53contributed largely to our electoral disaster last Tuesday. The people have had enough of it.
00:39:58We've got nine more weeks to prove that Republicans can and should once again govern the state of
00:40:04Texas. And we've got to do everything we can to limit the disaster that the Democrats could
00:40:07inflict on us during their four-year reign that's about to start. But it doesn't start for nine
00:40:11weeks. Voters deserve action, and we need to give it to them. Amazing that you put this coalition
00:40:17together. We'll deal more with that tomorrow. Brian Harrison, thank you so much.
00:40:20this is what the daily mail story is last stand text so oscar blue ramirez you heard it right
00:40:29there they ain't got to wait they ain't got to wait for some democrat and try to take the uh
00:40:33the the white house in 2028 they realized by making texas a sanctuary state today that you've
00:40:40argued for years they don't ever need to worry about taking the presidency because they're gonna
00:40:45have a lock on new york illinois california and the great state of texas your thoughts sir
00:40:51Yes, sir. Absolutely. Completely correct with that. That's why they're trying to prevent this.
00:40:55You know, that's why President Trump came out and said, I'm going to double it now with the tariff.
00:41:01If you don't stop these caravans immediately from reaching the north borders because they know the motion and what they're trying to create.
00:41:07And the most important thing right here, sir, that they forgot on these New York Times articles, it is the organized crime in the cartel.
00:41:13How the Mexican people have been suffering in the border towns, also with Texas, how they've been suffering because of the enormous open border policies.
00:41:20And they don't want this anymore. So they are creating, you know, this enormous influx and it's out of the border. Somebody needs to stop it. They put a stop to it. You know, they kind of put a stop to it today with a with a with a, you know, the second tariff of 50 percent right now to the president of Mexico that she already came out and gave out statements saying, you know what?0.96
00:41:39there's only two caravans which she's lying since she's came into government has been 12 caravans
00:41:45not to president shambhound there have been 12 caravans that they have been formulated on the
00:41:49south border and ultimately this one of 2 000 that is trying to reach and by the way steve
00:41:55they're going to continue i already talked to a few of the migrants and interviewed them about
00:41:59the tariff and about trump saying that he's going to you know go uh extremely critical in the border
00:49:52And Dearborn is a close friend of Morgan, and it's the combined arms that Dearborn brings to the riflemen because it's their muskets, the fast-loading muskets that they have, and this phalanx of bayonets.
00:50:07One of the best British generals, and he is slain by Timothy Murphy, one of the riflemen, and it's a sniper's bolt that will change the course of history.
00:50:18I think, I believe that the Frasier women who wrote the great biography of Oliver Cromwell and another wrote of Cleopatra, I think they're direct descendants.
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