Trump's leverage play continues to work. President Trump's 25% tariff against Canada has been put on hold for 30 days, presumably to reach a further agreement. Meanwhile, Beijing is hitting back with a fresh set of economic measures targeting the United States.
00:00:18.000Justin Trudeau has bent the knee to President Trump.
00:00:21.000He announced that Canada would appoint a fentanyl czar, list cartels as terrorists, and launch a joint strike force with the United States to combat organized crime, fentanyl trafficking, and money laundering.
00:00:30.000Also announced that he would be deploying 10,000 personnel to the northern border as well.
00:00:35.000So yesterday, as we talked about, Mexico caved and said that they would send 10,000 National Guard troops to America's southern border to police for fentanyl and to police for illegal immigration.
00:00:44.000And now Canada is doing the same instead.
00:00:47.000The sweeping tariffs that Trump was proposing have been put on hold for 30 days, presumably to reach a further agreement.
00:00:54.000Meanwhile, Beijing is attempting to figure out how to end around the tariffs that President Trump just put on them.
00:01:02.000Beijing is hitting back by announcing a quote unquote broad package of economic measures targeting the United States.
00:01:07.000The fresh duties were announced by China's Ministry of Finance.
00:01:10.000They levy a 15% tax on certain types of coal and liquefied natural gas and a 10% tariff on crude oil, agricultural machinery, large displacement cars, and pickup trucks.
00:01:19.000Now, the problem with all of that is that China is not a massive consumer, for example, of American crude oil.
00:01:25.000We have plenty of markets all over the world that are perfectly willing to take our liquefied natural gas.
00:01:31.000The Ministry of Commerce and China's Customs Administration also announced new export controls immediately effective on more than two dozen metal products and related technologies, including, for example, tungsten, a mineral typically used in industrial and defense applications, as well as tellurium, which can be used to make solar cells.
00:01:46.000This is according to CNN. Now, here is the thing.
00:01:48.000Again, the United States, if we need those sorts of materials, can go elsewhere for those sorts of materials.
00:01:53.000There's not a lot of sting in these Chinese retaliatory measures.
00:01:56.000So the notion that this is going to radically alter the American economy in any way is unlikely.
00:02:02.000Prices will go up in certain areas of the American economy, but unlike tariffs on, say, Mexico or Canada, where Mexico and Canada, Canada's an ally, and Mexico's at least titularly an ally, China is an actual geopolitical enemy of the United States.
00:02:16.000And so actually having a trade war with China, even if it does some economic damage to the United States, will do much worse economic damage to China.
00:02:25.000Will President Trump get some sort of concessions that allow him to walk back the tariffs?
00:02:30.000We'll find out, but they're going to have to be some pretty significant concessions.
00:02:33.000And President Trump is moving faster than any president of my lifetime to do things.
00:02:39.000I've never seen an administration move this quickly to do as many different things as the Trump administration is doing right now.
00:02:46.000Whether you're talking about walking back support for the UNRWA, whether you're talking about ending support nationwide for the transing of the children, whether you are talking about ending DEI initiatives all over the country, whether you're talking about reconstituting the Defense Department.
00:03:00.000By the way, recruitment immediately has skyrocketed since the appointment of Pete Hegseth to Secretary of Defense.
00:03:05.000We're talking about getting wins at the Panama Canal.
00:03:08.000Where the Panamanian government has now announced it is not going to take place in the Chinese Belt and Road Initiative anymore.
00:03:14.000This administration is pushing so hard, so fast, on so many fronts, that it's very, very difficult for any opposition to truly form around any one issue.
00:03:23.000The best that Democrats have done so far is trying to mobilize around the end of USAID. Now, USAID is an agency that was originally brought into being by...
00:03:36.000Foreign aid initiatives of Congress and then put into power by an executive order by JFK all the way back during the middle of the Cold War.
00:03:44.000And USAID, which is designed originally, the U.S. Agency for International Development, which was designed essentially as a way of spreading America's foreign policy tentacles all over the world.
00:03:55.000I mean, that was the explicit purpose.
00:04:06.000And since the end of the Cold War, USAID has been transformed into trans pride flags in Africa.
00:04:12.000USAID has been turned into boondoggle projects that are designed to pay millions or billions of dollars to left-wing NGOs, both in the United States and outside the United States, and keep up an entire employment line for people who are out of power.
00:04:26.000So when Republicans are in power, USAID is still paying a bunch of blue organizations to keep the trains running on time and to make sure that the money continues to flow to various organizations abroad that are willing to spread social leftism, not just anti-Chinese or anti-Russian or anti-America's enemies move, not just anti-Chinese or anti-Russian or anti-America's enemies move, as you might expect if you were pursuing actual hard-nosed American foreign policy.
00:04:49.000Again, soft power can be a very good thing.
00:04:53.000The idea that you want to find non-governmental organizations in, for example, countries that are teetering between China and the United States and support those non-governmental organizations to make that country more pro-America, that's not a bad idea.
00:05:05.000The problem is that the USAID infrastructure has been hijacked by the radical left.
00:05:10.000This is a point that President Trump made yesterday, slamming USAID and saying, listen, it didn't have to become a cutout for left-wing ideology, but it did, and that's not my fault, that's your fault.
00:05:21.000The first term, though, USAID was something that you liked in some respects.
00:05:39.000Again, the fact is that what the left has done with so many institutions, and USAID is just one of them, is taken the original purpose of the institution and then gutted it and worn the face around like Hannibal Lecter.
00:05:49.000That is exactly what they have done with the university systems in the United States.
00:05:53.000They did it with the objective press in the United States.
00:05:55.000And they did it with USAID. USAID has been participating in so much waste and fraud over the course of time.
00:06:04.000As Daniel Greenfield of the David Horowitz Freedom Center points out, USAID has sent $9.3 billion to Islamic terrorist states collectively responsible for killing over 3,000 American soldiers.
00:06:14.000There's an enormous number of terrible organizations supported by USAID.
00:06:20.000That was a point that was being made by Caroline Levitt, the White House press secretary.
00:06:23.000Here she was yesterday talking about examples of waste and abuse inside USAID. - Here's the reason why Elon Musk and others Because if you look at the waste and abuse that has run...
00:06:35.000Through USAID over the past several years, these are some of the insane priorities that that organization has been spending money on.
00:06:42.000$1.5 million to advance DEI in Serbia's workplaces.
00:06:47.000$70,000 for a production of a DEI musical in Ireland.
00:06:52.000$47,000 for a transgender opera in Colombia.
00:06:56.000$32,000 for a transgender comic book in Peru.
00:06:59.000I don't know about you, but as an American taxpayer, I don't want my dollars going towards this crap.
00:07:04.000And I know the American people don't either.
00:07:05.000And that's exactly what Elon Musk has been tasked by President Trump to do, to get the fraud, waste, and abuse out of our federal government.
00:07:12.000Of course, she is totally right about all of that.
00:07:15.000Now, I will say that there is a wing of the Republican Party.
00:07:18.000That wishes to use the fact that these institutions have been so thoroughly corrupted to basically go totally isolationist, which again, as I said yesterday, is a mistake.
00:07:27.000USAID has become a totally corrupted institution.
00:07:31.000Also, that doesn't mean that the best strategy for the United States is to retreat from the world entirely and simply grant that vacuum to, for example, the Chinese or the Russians or the Iranians.
00:07:41.000With that said, Elon Musk, who had basically been put in temporary charge of the USAID, he said yesterday that there basically is nothing left at USAID that's worth saving.
00:07:53.000As we dug into USAID, it became apparent that what we have here is not an apple with a worm in it, but we have actually just a ball of worms.
00:08:24.000So the budget of USAID is somewhere between 40 and 50 billion dollars.
00:08:28.000It is a very, very large governmental program.
00:08:31.000So, when people say things like, well, it's only 1% of the American budget.
00:08:33.000That's true, but that's just because our budget is way, way, way too large.
00:08:36.000That doesn't mean we should be wasting Tons of money on interests that are antithetical to American interests abroad.
00:08:44.000Again, the spreading of social leftism in Zimbabwe should not be the goal of American foreign policy.
00:08:52.000Flying progress flags outside the Vatican should not be a goal of American foreign policy and neither should supporting left-wing NGOs that are also supported by people like George Soros abroad.
00:09:01.000That is a bad use of taxpayer dollars.
00:09:03.000Whether or not it is a waste of taxpayer dollars is actually secondary to the fact that it's counterproductive for American interests abroad.
00:09:09.000We should not be wasting tons of money, and you should not be giving all of your information to your internet service provider.
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00:09:40.000It also hides my IP address, so those annoying data brokers can't build a profile about me to sell to advertisers.
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00:11:20.000Get the help you need with Tax Network USA. So what exactly happened here?
00:11:24.000Well, the president deployed Elon Musk and Doge, the Department of Governmental Efficiency, to go into the headquarters over at USAID and begin digging through the personnel files and trying to figure out who was a waste of money.
00:11:37.000And the acting heads of USAID tried to resist, so President Trump fired them.
00:11:41.000Now, a bunch of people on the left are very, very upset about all of this.
00:11:44.000They're upset for a couple of reasons.
00:11:45.000One, they're upset because they actually like the Pride Progress flag being flown in far-flung African nations with American taxpayer dollars.
00:11:53.000They want America funding abortion abroad.
00:11:55.000It's this sort of stuff that they are interested in.
00:11:57.000So number one, on an ideological level, they support precisely the things the American taxpayers don't want to do.
00:12:02.000But there's something else going on, too.
00:12:12.000It is a bunch of money that is being spent on various constituencies that Democrats cultivate and then use as the incoming State Department officials, for example, if Democrats win office.
00:12:22.000It is not a coincidence that so many Democrats, both elected and unelected, worked at places like USAID or places funded by USAID. This giant grab bag of cash, which has essentially become a handout mechanism, For the left wing.
00:12:35.000Of course they're angry that it is going away or at least being radically minimized.
00:12:40.000Apparently, on Sunday, two senior USAID officials were suspended for blocking Doge officials from a restricted area a day after the agency's website went offline and Elon Musk posted to X that USAID was beyond repair and needed to be shut down.
00:12:53.000This is according to the UK Guardian, which, of course, is a very left-wing source from Great Britain.
00:12:57.000Well, now, Marco Rubio has said that he is now the acting head.
00:13:02.000of USAID, which of course makes sense.
00:13:04.000One of the kind of points that the Democrats were making is Elon Musk has never been appointed to a government position.
00:13:11.000He's sort of operating as an outside government advisor.
00:13:13.000He doesn't take a salary from the government.
00:13:16.000We don't know if he has a security clearance.
00:13:17.000So instead, Secretary of State Rubio, who was overwhelmingly confirmed by the Senate, and of course has passed every security clearance and used to sit in the Senate, he says, listen, I'm the acting head of USAID now.
00:13:27.000And we're going to go through and we're going to make sure that all of the priorities of this administration are aligned with the spending at USAID. I'm the acting director of USAID. I've delegated that authority to someone, but I stay in touch with him.
00:13:39.000And again, our goal was to go in and align our foreign aid to the national interest.
00:13:46.000But if you go to mission after mission and embassy after embassy around the world, you will often find that in many cases USAID is involved in programs that run counter to what we're trying to do in our national strategy with that country or with that region.
00:14:01.000USAID is not an independent, non-governmental entity.
00:14:04.000It is an entity that spends taxpayer dollars and it needs to spend it, as the statute says, in alignment with the policy directives that they get from the Secretary of State, the National Security Council, and the President.
00:14:17.000And basically what President Trump did is he used Doge as the crowbar to pry open USAID, and then once all of the rot was spilling out into the hallway, then he said to Rubio, okay, you go in and you take all the rot and clean it out.
00:14:34.000You don't have to shut down the agency in violation of statute in order to achieve the same purpose.
00:14:40.000You can simply clean it out, and that would be the best thing to do.
00:14:43.000Again, the strategy seems to be, from the administration, move fast and break things.
00:14:47.000Basically, all of these cuts, all of these attempts to bring a chainsaw to the party, that's exactly how Musk ran, for example, X. When Musk took over X, he fired pretty much everybody in the building.
00:14:57.000He called in everybody, he fired them, and that broke a bunch of the systems.
00:15:00.000And then he rebuilt and fixed the systems.
00:15:04.000He's actually running places like USAID the same way that he actually ran X. So, for example, he brought in with him, when Doge went into USAID, he brought in with him, according to Wired, six young men between the ages of 19 and 24 who, quote, have little to no government experience and are now playing critical roles in Doge, tasked by executive order with modernizing federal technology and software to maximize governmental efficiency and progress.
00:15:30.000The engineers all hold nebulous job titles within Doge, and at least one appears to be working as a volunteer.
00:15:34.000Now, this, of course, is an issue of supposed consternation to the left.
00:15:38.000Oh, my God, all these young people, young, brilliant people who are highly technologically qualified, making cuts and checking the work?
00:16:01.000Even though what you're really seeing is a bunch of very effective young people who are doing a bunch of scut work that other people aren't willing to do.
00:16:07.000The six men, according to Wired, are one part of the broader project of Musk allies assuming key government positions.
00:16:14.000Already, Musk's lackeys, including senior staff from XAI, Tesla, and The Boring Company, have taken control of the Office of Personnel Management and General Services Administration and have gained access to the Treasury Department's payment system.
00:16:41.000He can fire any of the people who are working for Elon Musk at any time.
00:16:44.000He can simply stop granting them access to any of the government buildings.
00:16:47.000He's the president of the United States.
00:16:49.000President Trump can appoint Secretary Rubio, the head of USAID. These are executive branch agencies.
00:16:54.000The way an executive branch agency works is everyone serves at the pleasure of the president of the United States.
00:16:59.000That doesn't mean the president can violate statute, but he's not violating statute when he puts his own people in place at these agencies to ensure that his priorities are enacted via the statute.
00:17:10.000Now, if you don't like that, there's a way that this could have been avoided, and that would have been not to create a massive administrative bureaucracy since the beginning of the 20th century.
00:17:19.000The Democrats, in other words, centralized extraordinary power over the course of a century and a half in the executive branch.
00:17:25.000And now they're just mad that the person in charge of the executive branch is using that power to carve away all of their permanent substructures.
00:17:33.000What we are watching is a sea change in the way that government is done.
00:17:36.000Not because Donald Trump is quote-unquote dictatorial or authoritarian, but because he is using precisely the same power every Democrat has used in order to carve away the permanent root of the Democratic Party.
00:17:49.000Again, all these programs at USAID, most of these programs at USAID are boondoggles that are designed to help out Democratic allies and promote Democrat blue priorities, even when they're not in the government.
00:18:00.000You want to look at something that is the definition of the deep state, a continuing, never-changing bureaucracy that consistently floods taxpayer money to a bunch of allies of the Democratic Party.
00:18:12.000And Trump is saying, no, we are not going to do that.
00:18:14.000Here's President Trump backing Elon Musk's program here and saying, listen.
00:19:16.000And if that means some things get broken that we then have to patch back up, then that's what it will be.
00:19:21.000Marco Rubio put out a note to senior Republican and Democratic lawmakers saying, quote, The Department of State and other pertinent entities will be consulting with Congress and the appropriate committees to reorganize and absorb certain bureaus, offices, and missions of the USAID. The White House put out a statement saying, quote, under President Trump, the waste, fraud, and abuse ends right now.
00:19:41.000Now, again, Rubio has put in charge a person named Peter Morocco, who's the head of the State Department's Foreign Assistance Office, and also an unnamed person expected to be the USAID's deputy administrator to review agency activities and operations.
00:19:54.000The review could eliminate certain aid programs or lead to the closure of certain missions around the world.
00:19:59.000But many of these programs will indeed remain.
00:20:02.000In fact, some of the humanitarian programs are already being preserved by the Trump administration.
00:20:08.000So this idea that all of this is simply going away is not true.
00:20:13.000Many of the programs are going to remain if they are useful to the United States.
00:20:18.000But there are many things that are not useful to the United States, and there is no reason we should be funding them.
00:20:22.000So the turmoil, in other words, you cannot shrink.
00:20:26.000An agency that is a permanent part of the political substructure without turmoil.
00:20:30.000That's just the way this is going to work.
00:20:32.000Now, Democrats are freaking out about all of this.
00:20:35.000Atul Gawande, who, of course, is an American surgeon, writer, is sort of a famous Harvard professor, and who has worked pretty closely with USAID. He put out a statement via Jen Griffin over at Fox News saying, quote, this is a gift to our enemies and competitors.
00:21:55.000But that he's doing tariffs because he's ideologically wedded to tariffs and he will ride that bomb all the way down into the ground like Rip Torn in Dr. Strangelove.
00:22:05.000And the same thing is true of USAID and the same thing is true of everything else.
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00:24:29.000It is about the fact that the plaything of the permanent Democratic Party, the administrative bureaucracy they built and have lavished with trillions of dollars over the course of decades, is now being redone by the Trump administration.
00:25:01.000A billionaire that hasn't been vetted, has not gone through confirmation, has not been elected by the American people, who we still do not understand what in the world he's doing, should not be telling American who we still do not understand what in the world he's doing, should not be Yes.
00:25:32.000It is embarrassing to read the headlines about free America where one man is walking around like he is the boss of all of us and we don't know who put him in charge.
00:25:45.000Well, you know who put Donald Trump in charge of the executive branch of the government?
00:26:05.000And then, when it comes to the actual spending on these particular projects, that happens in the executive branch, where the president and secretary of state have enormous authority because Marco Rubio was confirmed and Donald Trump was elected, ripping on Elon for being Trump's hatchet man.
00:26:22.000It's just a way of avoiding the reality, which is you lost the election.
00:26:26.000And the reason you're really angry is not, of course, because Donald Trump is making cuts to USAID. What you're really angry about is that the thing you guys have counted on forever, an endless funnel, fire hose, gushing, damn breaking river of money, is now being stopped from going to your friends while you are out of power.
00:26:56.000They know that most Americans don't actually want to spend the money that USAID is talking about spending, and they don't like these projects.
00:27:59.000What if they shut down the IRS? I don't know.
00:28:02.000What if they shut down the IRS, Chuck?
00:28:03.000I mean, obviously the American people do love the IRS. If there's one agency of the American government that the people just adore, it is the Internal Revenue Service that audits their restaurant receipts.
00:28:16.000We also know this is just the beginning.
00:28:18.000If Doge attacks USAID today, then you can be sure they'll move on to another target tomorrow.
00:29:52.000Because I noticed that you are a senator.
00:29:55.000I certainly hope Congress takes action because what is happening here is illegal.
00:30:01.000It is unacceptable to have a president try through executive power be able to reorganize or remove USAID. The fact that these employees are being demonized, you know, the fact that they're being called, you know, it's a criminal organization from Elon Musk, you know, the fact that they're being told not to show up, that the federal aid is being frozen, I mean, it's just such disrespect.
00:30:29.000They swear an oath to serve this country.
00:30:31.000And right now they are being treated as if they're the criminals.
00:30:34.000Well, I mean, they actually work inside the executive branch.
00:30:38.000If your boss doesn't want you there, you don't work there anymore.
00:30:41.000The real reason for this, the gravy train has stopped flowing.
00:30:43.000Now, meanwhile, hilariously, the federal government, as we know, put out a notice, an email to federal employees, millions of federal employees, saying to them, listen, if you want to come into work, You want to work for the president's agenda?
00:30:57.000You want to be a member of the executive branch?
00:31:24.000According to Axios, we expect more to come.
00:31:26.000If you see what's happening at USAID, it's just one piece of the puzzle.
00:31:29.000In other words, many of these people are going to lose their jobs anyway.
00:31:32.000So either take the buyout or you may find yourself on the breadline regardless.
00:31:36.000The buyout offer entitles federal employees to stop working immediately and continue to be paid through September 30th.
00:31:43.000The federal workforce's normal attrition rate is about 6% a year.
00:31:47.000So perhaps some of those people were meaning to leave anyway.
00:31:50.000But again, people are quitting because they are seeing that The cuts are coming with the chainsaw.
00:31:54.000Speaking of which, according to Politico, President Trump is about to finalize an executive order to shutter the Department of Education, which has been a longtime Republican goal.
00:32:04.000Again, one of the things about Trump that is truly an amazing, amazing thing.
00:32:07.000There's so many promises that various politicians have made for decades.
00:32:10.000Ronald Reagan pledged to shut down the Department of Education in the 1980s, like about the time I was a baby.
00:32:16.000And Donald Trump is actually trying to do it.
00:32:19.000He's actually taking seriously the promises that he made.
00:32:24.000According to Politico, the Trump administration is finalizing plans to dismantle the Education Department through an executive order that would build on the president's campaign promise to hammer the longtime conservative target.
00:32:34.000The order was expected to allow a two-part strategy for shuttering the agency, according to two people familiar with the plans.
00:32:40.000It would direct the department to craft a plan to wind down its functions using its existing administrative authority.
00:32:45.000But the order was also expected to call for the agency to inventory a complex set of laws needed to delegate the department's powers to other agencies and then shut down the department.
00:32:54.000So, in other words, many of the functions of the DOE would move outside the DOE, but the department itself would be shut down.
00:33:01.000That would require some sort of legislative help, presumably.
00:33:05.000According to a third person granted anonymity, representatives from DOGE are already working at the Education Department headquarters and seeking access to agency records.
00:33:15.000So, again, right now, Linda McMahon is up for Secretary of Education.
00:33:20.000There will be a Senate confirmation hearing.
00:33:22.000One of the sort of open strategy questions here is whether it would have been better to wait until she was confirmed in order to actually do this sort of thing.
00:33:30.000With that said, the fact that Trump is taking this so seriously is yet another indicator that he was serious about the things that he was promising.
00:33:37.000What exactly does the Department of Education do?
00:33:40.000Well, it's number one, spending priority.
00:33:43.000In fiscal year 2024, according to USAFacts.org, the U.S. Department of Education spent about $161 billion on federal student aid.
00:33:54.000So that would be, you know, like Pell Grants and paying for people to get their degrees in lesbian dance theory and all the rest.
00:34:01.000Another $83 billion was spent on elementary and secondary education, which are basically block grants that are given to various states.
00:34:10.000Education should be a local consideration.
00:34:13.000Education should be controlled by the state, by localities, by local school board.
00:34:18.000Ideally, we'd have vouchers so people can actually, you know, go to the school that they want to go to.
00:34:22.000There is no question the Department of Education is yet another gravy train for the left, one of the biggest gravy trains in America.
00:34:28.000The university system is a giant apparatchik-for-the-left-producing machine.
00:34:33.000It is a giant machine designed to churn out left-wingers with worthless diplomas, unless you're in the STEM fields.
00:34:42.000And by the way, if you're in the STEM fields, you can certainly get a private loan to study engineering at MIT. The reality that the reason Democrats are very, very in love with these agencies is, again, because they are permanent structures that are designed to pay all of their friends.
00:34:56.000Some of the biggest graft agencies in the history of mankind are happening via the Department of Education.
00:35:03.000Speaking of the education, higher education, by the way, a group representing white and Asian.
00:35:08.000High school and college students filed a complaint Monday in federal court against the University of California, claiming that nine of its campuses are still using racial preferences and admissions in violation of federal anti-discrimination laws.
00:35:21.000Many of these universities have vowed that they would essentially do affirmative action under another name.
00:35:26.000And now the lawsuits are coming fast and furious.
00:35:28.000The best way to stop all of that is to make Linda McMahon the Secretary of Education and allow her to go to work and to unleash Harmeet Dillon.
00:35:35.000Over at the Civil Rights Division of the DOJ to go after all of these universities that are acting in violation of law.
00:35:41.000I have no doubt that all of that is going to happen.
00:35:44.000All right, coming up, the cuts don't stop there.
00:35:46.000It's February, which means the usual crowd is claiming we don't do anything for Black History Month, which is complete nonsense.
00:35:51.000We literally have the number one documentary of the decade covering race in America.
00:35:59.000It's not exactly what the left was looking for.
00:36:00.000Now, exclusively on Daily Wire Plus, we're pulling back the curtain with The Making of Am I Racist, where Matt Walsh, director Justin Folk, and the team show how it all came together.
00:36:32.000It is independently funded, so it actually does not even come from the legislature.
00:36:37.000The legislature does not appoint separate funding.
00:36:39.000This is actually the subject of the Supreme Court case.
00:36:41.000The question was whether it violated the separation of powers for Congress to set up.
00:36:45.000A mechanism that was then funded directly from the Federal Reserve, which is how the CFPB works.
00:36:50.000Well, the only problem, again, Democrats, if you put all the power in the executive branch, what happens if people you don't like take over the executive branch?
00:36:59.000You did all of this in the assumption that even if a Republican was elected, the Republican would never touch your precious?
00:37:05.000Well, it turns out the Republicans are touching all of the things that you built, and they are taking control of those levers and using them in ways you didn't like.
00:37:12.000And this is the story of Lord of the Rings.
00:37:14.000If you don't want somebody you don't like controlling the ring, don't create the ring in the first place.
00:37:18.000But Democrats created it, and now they're very upset that the powers of the ring are being used by people they don't particularly like.
00:37:25.000Well, now, Treasury Secretary Scott Besant has ordered a freeze to work at the Consumer Finance Protection Bureau.
00:37:32.000In an internal email on Monday, Besant's office directed CFPB staff to cease much of the Bureau's work, including enforcement actions and decisions about active litigation.
00:37:41.000The email directs staff to suspend the effective dates for rules that had been completed but aren't yet in effect.
00:37:46.000Besant's appointment is the beginning of what is expected to be a rollback of many of the agency's actions under the Biden administration, which included rules capping overdraft fees and banning the use of medical debt by credit reporting companies.
00:37:56.000Biden appointee Rohit Chopra was ousted on Friday.
00:38:00.000Trump hasn't named a candidate to lead the CFPB on a permanent basis yet.
00:38:04.000But Besant is looking forward to getting rid of the dead wood at the CFPB, which again has become a left wing organization designed to hinder business in the United States.
00:38:15.000Senator Ted Cruz said last week that he would advance a proposal to cut the CFPB's funding entirely, which would effectively kill the Bureau.
00:38:24.000Meanwhile, Senator Elizabeth Warren, who built this thing, this is her legacy, aside from her legacy of wigwams and teepees, she said, quote, if President Trump and the Republicans decide they're just gonna bend the knees to Wall Street billionaires and try to destroy that agency They're going to have a fight on their hands.
00:38:39.000Well, they don't have to have a fight on their hands.
00:38:41.000Remember, Elizabeth, you're the one who set it up so it's independently funded outside the legislature.
00:38:45.000All that has to happen is Scott Bessing comes in and just freezes everything.
00:39:27.000That is Secretary of Defense Pete Hegseth.
00:39:28.000That is National Security Advisor Mike Walls.
00:39:31.000The entire leadership of the United States knows that this is not a real possibility, which means Israel will, in fact, have to go back in.
00:39:40.000Other outstanding issues obviously include the possibility of a Saudi deal and what happens with Iran.
00:39:45.000New information suggests that Iran, of course, is trying to race toward a bomb, figuring that they're on their last legs at that regime, and that the Trump administration is not going to be handing them pallets of cash worth billions of dollars, unlike the Biden or Obama administrations.
00:40:02.000According to the New York Times, new intelligence about Iran's nuclear program has convinced American officials a secret team of the country's scientists is exploring a faster, if cruder, approach to developing an atomic weapon if Tehran's leadership decides to race for a bomb.
00:40:15.000The intelligence was collected in the last month of the Biden administration and relayed to President Trump's national security team during the transition of power.
00:40:21.000Now, the reality, again, is that effectively a single sortie of airstrikes on Iran's nuclear facilities would end their nuclear program for the moment.
00:41:45.000And the Saudis are another American ally, aside from Israel, that the Trump administration is quite close with.
00:41:51.000It seems like the precondition for any sort of actual Abraham Accord deal between the Saudis and the Israelis is largely dependent on a forward move against the Iranian nuclear facilities.
00:42:01.000It'll be interesting to see where this goes.
00:42:03.000President Trump yesterday gave a nice little geographic disquisition on the state of the Middle East.
00:42:54.000It's America's job to ensure that, quote-unquote, the peace holds.
00:42:56.000It's America's job to ensure that its allies have the wherewithal to destroy terror threats.
00:43:06.000That's all good for the United States.
00:43:08.000And President Trump, I believe, is going to do all of those things and more.
00:43:12.000Okay, meanwhile, the catastrophic fallout continues in California from those devastating wildfires, the most damaging wildfires in American history.
00:43:20.000I had the opportunity to sit down with my friend Adam Carolla to talk about all of that.
00:43:59.000Most of the places around me did not make it all the way down PCH, which is weird for people who don't know the topography.
00:44:08.000You see people up on the hill burn like a brush fire, but you've never heard of an ocean fire because they don't have them on the other side of Pacific Coast Highway.
00:44:20.000well it's it's i'll tell you how rare it is many of those buildings weren't from the 50s some from the 40s the structures on the ocean side of pch and they're all gone and most the places up on the hill are gone i somehow got spared but i can't go back because there's no power and no electricity sorry no no plumbing and no gas nothing no utility well i mean What's been the reaction of people in California to this?
00:44:49.000I mean, not for the fire, but for all the policies that lead to the exacerbation of fire, to the failures of the local government, to the failures of the state government.
00:44:56.000Has there been any sort of great awakening happening in California over this?
00:46:00.000And Bill Maher tried to put solar up at his place about three or four years ago and ran headlong right into the bureaucracy.
00:46:11.000And he started looking around going, why has it taken two years to get a permit for a solar shack and a guy had to come out and inspect my garage door?
00:46:20.000What do I need an inspection for in my garage?
00:47:25.000I mean, if it was good policy in the first place, what made it bad policy all of a sudden?
00:47:28.000And the answer is it was always bad policy.
00:47:30.000Yeah, just there was no cost to bad policy because they were actually helping a small coterie of environmental activists at the expense of everybody else.
00:47:38.000And everybody else was basically complacent enough to let them get away with it.
00:49:22.000And then at some point, the people in power notice that there's nothing coming in because they chased off all the productions, runaway production.
00:49:35.000We decided to make a few alterations on some of our big ass, lower it down, sound like a Republican, and see if we can get you guys to come on back and do a little work here in town.
00:49:47.000And it's the same thing with the building and the rebuilding.
00:49:50.000It's like, oh, maybe a little too much red tape.
00:49:53.000We're going to sound a little like this and see if you can't lure you back.
00:49:57.000On a personal level, how long do you have to be out of your house?
00:50:24.000You set a futon on fire, it's going to leave behind some sort of chemical footprint.
00:50:30.000And everything, turns out, causes cancer in California.
00:50:34.000So there's a sticker on every gas pump.
00:50:37.000There's a sticker on every window of every liquor store.
00:50:41.000You enter this 7-Eleven, you will get cancer.
00:50:44.000Now everyone ignores it because you have to pump your own gas, and so what?
00:50:50.000Technically, there's some benzene in the soil.
00:50:53.000You know, they will find one part per billion benzene particles in the soil, and then they'll say you need to have a hazmat team and remediation team and blah, blah, blah.
00:51:04.000They could tie everybody up and say you can't just get a bobcat in here and start scooping this stuff into a dumpster and truck it off to a landfill because it has dangerous levels of benzene.
00:53:42.000We packed it up, and we just moved to Palm Springs.
00:53:46.000And there's going to be, like, life is too short.
00:53:50.000A lot of people, like, you know, a lot of these people, first off, these are 22-year-old new couples that are living on PCH in Malibu in a $17 million house.
00:53:59.000Some of these people are old, and it's old money.
00:54:02.000And, you know, when you're 71 years old, do you have 11 years?
00:56:29.000I know guys who'll be up there with a flathead shovel right now, scooping ash into a can right now.
00:56:35.000And so Trump's like, hurry, hurry, hurry.
00:56:37.000And she's like, slow her down, slow her down.
00:56:40.000So if we could get a Rick Caruso who has the commercial building and developing behind him, all those guys are just going to be like, you know, our problem is, is we take people who've never been in business and we put them in charge of policy.
00:56:56.000And they're career bureaucrats, and they don't have a metronome that's like, come on, let's go.
00:57:03.000You need a background of commercial airline pilot or developer or engineer.
00:57:08.000Guys like that are like, let's go, let's do it.
00:57:11.000We take a bunch of people, Joe Biden, Kamala Harris, Karen Bass, Gavin Newsom, just pie-in-the-sky idiots who sit around and pontificate, but nothing comes out the other end.
00:57:24.000I'm sorry it's under these circumstances that you're in Florida, but, you know, when you return to the blighted land of my former home, then, you know, I hope that things are better for you there.
00:57:35.000I think between you and Dave Rubin's shame, that'll expedite my process of leaving California, because I get a lot of it from both of you.