4/29/26: Trump Spirals On Iran War, Oil Price Spike, Dystopian AI Car Surveillance

25:44Emily Jashinsky:I don't think that would come as a surprise to anybody. It sort of sucks if you're a House Republican, you're trying to get reelected. Normally, you would have the president trying to make your job easier. But I don't think Trump is particularly concerned anymore about that. So and as as we have said over and over again, the the crimping of the of the kind of oil export markets takes months, you know, for it to really ripple through the economy. Our Godfrey Oluke, our Africa correspondent at DropSite was telling us the other day, that things are just collapsing all over the place there. Like just utter despair from the surging fuel prices and fuel shortages.

26:28Like not just high prices, but no prices because you can't buy it. Asia.

26:34Emily Jashinsky:Australia. And we are all linked. So the U.S. and South America, it takes a little bit longer for us to hit. say, oh, we're energy independent. It doesn't matter. No, it's a global market. And so we export a huge amount of oil. And as the price for that goes up, the price that we're paying goes way up. And that is going to ripple inflation through the entire thing. So this is a number before that happens. Keep that in mind. And also, as I was saying in beginning, we've been, we through the, through the treasury have been artificially inflating the markets and deflating energy markets. And so we can't do that forever.

27:20Like we're going to run out of ways to do that. And when, and when we lose control of it, like it could be run away in a, in a truly disastrous way.

27:29Emily Jashinsky:And we're going to talk more about markets in just a bit. Um, yeah, I think when you are trying to hold together this, well, so to what extent does Trump care about his coalition at this point? I don't know. I think he cares about his legacy at this point more than anything else. And he feels like this is a part of his legacy building, world peacemaker. Truly, I'm trying to understand what's happening in Donald Trump's mind. And that's my best guess, like great man of history legacy that he's trying to establish himself as being. So for House Republicans, senators who are on the ballot in November and like Susan Collins, really tough races.

28:13Emily Jashinsky:Maine, Nebraska, if you're Pete Ricketts going up against Dan Osborne. These are going to be really, really tough races. A poll yesterday showed Tallarico actually outperforming both Republican candidates. We'll see how long that lasts. I'm more skeptical of that one, but I think they have real problems in obviously North Carolina, Alaska, Nebraska, Ohio, and the like. So I think Donald Trump has just given up on holding House or Senate. And that's normally public opinion is a check on executive power just implicitly. You don't really want to be disastrously on the wrong side of public opinion.

28:51Emily Jashinsky:But I actually think what we've seen is that Trump, A, always blames voters when they don't agree with him. and B, now that he doesn't have to get reelected and he sees that the midterms are likely not going in his favor either way, he's just kind of YOLO. And one reason that this conflict is more difficult to resolve than it should be is that Israel has continued its war on southern Lebanon, even through the ceasefire, which has now expired. We can put up A7. There was another medic massacre in Majdal Zun in southern Lebanon. at least five, I believe, medics killed in another double tap strike, which takes the number of medical workers killed in Israel close to, or maybe now actually over 100.

29:43They've killed a huge number of journalists deliberately on purpose over the last several weeks, including Amal Khalil recently from Al-Akbar, where this, you know, infamously, they bombed the car in front of her, then chased her and her colleague into a nearby home, and then bombed the home over the span of hours with the Red Crescent nearby, with, you know, political leadership in Lebanon, which is very sympathetic to Israel, begging them to not kill her and they killed her anyway. And so this is happening in the backdrop, making it significantly more difficult to get to an agreement here. And I think a lot of American people are wondering, like, why are we paying higher gas prices so that Israel can continue to kill medics and journalists in southern Lebanon and destroy towns and villages all across the region to try to make it uninhabitable?

30:45Like, how is that something that we want to see our economy crater for? This is Jodi Sweet. And this is Andrea Barber from How Rude Tandoritos. Chewy has over 100 ,000 products, food, treats, toys, beds, and everything ships fast. And it's not just for dogs, cats, birds, fish, reptiles. I mean, they got everybody covered. Plus prescriptions, pet insurance, and telehealth vet visits. And vet clinics are rolling out now, which I love. So many great things. And if your pet doesn't love something, return it within a year. For Life with Pets, the answer is Chewy. Save$20 on your first order with free shipping at chewpannions.chewy.com slash how rude.

31:30Apple Vacations, where your story starts. Need a vacation? The Apple Vacations foundational sale is here. so you can save up to$150 on your next escape. Book by April 30th for instant savings on trips to Mexico, the Caribbean, Hawaii, Central America, and top U.S. destinations. If you're ready for a break without breaking the bank, save up to$150 at applevacations.com or contact your travel advisor. Apple Vacations, where your story starts. Support for the show comes from Public, the investing platform for those who take it seriously. On Public, you can build a multi-asset portfolio of stocks, bonds, options, crypto, and now generated assets, which allow you to turn any idea into an investable index with AI.

32:14It all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20 % year over year, you can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one-of-a-kind index, and lets you backtest it against the S &P 500. Then you can invest in a few clicks. generated assets are like etfs with infinite possibilities completely customizable and based on your thesis not someone else's go to public.com slash podcast and earn an uncapped one percent bonus when you transfer your portfolio that's public.com slash podcast paid for by public investing brokerage services by open to the public investing inc member finra and sipc advisory services by public advisors llc sec registered advisor generated assets is an interactive analysis tool output is for informational purposes only and is not an investment recommendation or advice.

32:57Complete disclosures available at public.com slash disclosures.

33:02Emily Jashinsky:Let's transition to talking about the markets and put the first tear sheet up on the screen because here we see CNBC reporting based on an earnings call yesterday. BP profits more than double beating expectations as Iran war boosts oil prices. Ryan, you pointed this out yesterday. These earning calls can sometimes be fascinating windows into the motivations of the leadership class, the Epstein class, dare I say. Yeah. And I think today, I think we're getting like Microsoft, Google, a bunch of others, because like, it's all for the first quarter, which ends March 31st. And then they get their paperwork together and then they do their earnings calls.

33:43So that's why you're going to start to see these rollouts. You're going to get a lot of insight into how the first quarter of 2026 went for corporate America for BP. Pretty incredible.

33:54Emily Jashinsky:Things are going great. As we mentioned, BP had its oil industry nationalized. BP is the historical origin of this entire conflict. In the 1950s by Mossadegh in Iran. CIA then overthrew him. I think The Brother is one of Emily's favorite books. It's a banger recommendation from Ryan. Fantastic author. Read everything. Read the Brothers. From Kinzer. Read the Brothers if you haven't yet. Kermit Roosevelt and a little ragtag gang of CIA agents and Brits overthrow the democratically elected government. Make sure BP gets its oil back. Puts in a dictator. That dictator is then overthrown in 1979. That dictator's son now lives in Potomac, Virginia.

34:46Great. and loves to go on CNN and play drums in a local dad band.

34:52Emily Jashinsky:I did not know that lore. Yeah. Terrible drummer, from what I'm told. Oh, really? Yes. Does not change anything. Somebody who jams with him told me he would be a worse leader of a country than he is a drummer, and he's a terrible drummer. That's a great line. Of course, it's also just, of course, that you've been in touch with somebody who jams with the Shah's son. I think that's perfect. Okay. Let's move on to Jamie Dimon. Another CNBC headline for you right now, Jamie Dimon yesterday warns of, quote, some kind of bond crisis. That's reassuring. Ahead as global debt risks build, what he said at an investment conference that was actually held by the Norwegian Sovereign Wealth Fund yesterday.

35:33Emily Jashinsky:The way it's going now, there will be some kind of bond crisis and then we'll have to deal with it. I'm not that worried we'll be able to deal with it. I just think maturity should say you deal with it as opposed to let it happen. He also said the level of things that are adding to the risk column are high, like geopolitics. It's kind of a catch-all. Oil, government deficits, they may go away, but they may not. And we don't know what confluence of events causes the problem. That last sentence is chilling. We don't know. Giant shrug emoji from Jamie Dimon on the economy. Right. And just to I wanted to add, actually, so Rod Dreher, who's obviously on the right, has been working on a book about fleshing out his thesis that we're in a Weimar America period.

36:21Emily Jashinsky:And he like just looking at what happened over the weekend, wrote that he believes we're one major economic crisis away from another potential like global conflict on a World War II level scale. And I actually think that's really interesting. Like I disagree with Rod on some things, but when you hear Jamie Dimon then coming out and being like, well, you know, we don't know what confluence of events causes the problem. We have two hot conflicts right now, actually really three, because you still have to add Gaza, Ukraine, Iran, where the U.S. is in proxy wars, essentially. Not great. No, not great.

37:00It's a powder keg. Not great indeed. Indeed. I've tried every argument in the book to try to persuade people that these billionaires are a mistake and that this concentration of wealth is rotting our society from within. But another one that you can add on the pile is that when you have all of these intense concentrations of wealth, that's actually more opportunity than for economic meltdowns and economic crisis. Because if you have wealth spread.

37:25Emily Jashinsky:Yeah, of course. Kind of. Absolutely. Across and you have a broad, strong middle class. Yep. then that middle class can kind of support itself. Yes. If everybody is dependent on like 15 guys and those 15 guys go to Vegas and bet the house on AI or whatever. Right. And they lose, then we all have lost because we have nothing. We were all just riding on them. But there is pressure. Go ahead. On that point, I keep trying to hammer this home. They're 20 % of the, or I'm sorry, 30 % of the S &P 500 is the Mag 7. That's terrifying and makes your point, Ryan. And on top of that, you have Amazon, Google investing in Anthropic and those types of big AI companies.

38:18Emily Jashinsky:So you have circular funding. It's like absolute house of cards. And they set it up that way because they'll profit fine. They already have their billions. They'll lose, you know, a couple billion. Maybe they'll lose, yeah, 60 % of their money. That's fine. The 40 % still makes them fabulously wealthy at the end of the day. And who suffers? It's the rest of the people who are dependent on the economy. Yeah. And our billionaires mostly live in California, New York, Florida, and Texas. Two of those states are at least trying to do something about it. We can put up B3. So there's been an effort, and it appears to have been successful.

38:56We used a CBS News terrorist sheet because it must drive Barry Weiss white with rage that she even had to publish this article. CBS News, California billionaire tax secures enough signatures to make ballot. And so Newsom actually has been pushing against this, or at least he does not seem remotely excited about this at all. But unions in California have successfully, it appears, managed to get enough signatures to put this to voters. Say, okay, the legislature is too bought off by these billionaires. Let's see what regular people think about it. And then back in New York City and New York State, actually, let's just roll B4 here.

39:44This is a New York City mayor, Zora Mamdani, with alongside New York City council speaker, Julie Menon, who is herself a centimillionaire, lives in an eight plus million dollar apartment in New York City and had had and had consistently said that she would fight tooth and nail against any taxes on the super rich. She, under pressure, she is now siding with Mamdani, calling for another, for a tax on the super-rich. Let's roll. Mamdani explaining what that one is. The P-TET is essentially a loophole that allows high-income earners to reduce their federal tax burden. Who benefits? Millionaires and multimillionaires.

40:27More than 95 % of P-TET credits go to those making more than$1 million a year. year. More than 80 % go to those earning more than$5 million a year. The PTET, in short, is a tax cut for the rich. We are not calling to eliminate the credit. We are rather asking the state for a modest reduction from 100 % to 75%. That change alone will generate nearly $1 billion in additional revenue. Revenue we can invest in the buses that carry New Yorkers to work, the public schools that educate our children, the public parks and beaches where we spend our summers. Okay, that was a lot of fun. But if you guys were watching Mom Donnie that time.

41:07Or if you were listening. Or if you were listening. Let's play that again just for 10 or 15 seconds. This time, keep your eye on Julie Menon in the background. This is the extraordinarily wealthy city council speaker who said that she would not allow any taxes on the super rich being forced to stand next to Mom Donnie while he announces that they've come to an agreement on this, which doesn't mean Hochul will do it, but it puts enormous pressure on her because she and Hochul are allies, and she was kind of an obstacle there. Let's roll that again. Just keep your eye on men in here. You're out of control.

41:40Just keep your eye on men in here for a second. The PTET is essentially a loophole that allows high-income earners to reduce their federal tax burden. Who benefits? Millionaires and multimillionaires. More than 95 % of PTET credits go to those making more than$1 million a year. More than 80 % go to those earning more than$5 million a year. Ryan's losing it. Oh, man.

42:04Emily Jashinsky:She looks pissed. You're not even going to get tears. It's just rage. She's not even trying to put on a brave face. She's just staring at her the whole time. She looks like she's about to burst in the flame. She just beat him in the Boylan race yesterday. So there was a city council special election where Mom Donnie had endorsed the woman who had come forward and helped kick off the demise of Cuomo. She had worked for Cuomo. I remember we had our own rise. Yeah, she's great. But she lost. And so Julie Menon can take solace in that, I guess. Well, the so the the billionaire tax, I mean, we don't have to debate this.

42:54Emily Jashinsky:Roe Conner refers to it as a anti-revolutionary tax. Actually, there's like the one time in history where tax is the most agreeable way that you can brand this political policy. Like it's it's not really a tax because it's a one time thing on five percent. And I don't know. I mean, the hedge fund thing is really interesting. There's like a lot of creative ways to start like holding people accountable so that they actually are paying what they should be paying into the system. And this was only introduced in like 2017 or 18 by Cuomo as a response to Trump's first tax cut hit New Yorkers harder than others around the country.

43:36Emily Jashinsky:Assault. Yeah. So he did a little something something to help out his buddies. And then he happened to make it like tilted way towards the super rich. Yeah. Oh, he had. I'm sure that was a policy error. What was he thinking? He meant to just go for the$300 ,000,$400 ,000 struggling crowd in Manhattan and Brooklyn. But he accidentally made 90 % of the benefit go to people making more than a million dollars a year. So this doesn't get rid of it. It just tweaks it a little bit. Yeah. And seriously, like if you are looking around at institutional trust and you're mad about, you know, Brian Thompson or this apparently centrist White House correspondent, General Lodge Gunman.

44:20Emily Jashinsky:Obviously, there are anti-revolutionary measures that need to be taken to have a more just society and just a safer. Closing blue sky. Closing Blue Sky is a national security imperative. As we've been saying for years, closing Blue Sky is the least we could do to make this country a safer place. But really, I mean, like, I'm not going to agree with everything just from the right. And people on the left aren't going to agree with everything. But I think that's kind of the point of the show is that, like, the system, it's like a five alarm fire. The system is like, everyone is telling you the system is broken.

44:56Emily Jashinsky:and the system is corrupt, and we're verging on disaster. And you just, I mean, you need a Mom Donnie-like figure to drag people kicking and screaming to figure out ways to actually bring relief to normal people and make the system more fair. Let's see what happens. This is Jodi Sweet. And this is Andrea Barber from How Rude Tandoritos. Chewy has over 100 ,000 products, food, treats, toys, beds, and everything ships fast. And it's not just for dogs. Cats, birds, fish, reptiles. I mean, they got everybody covered. Plus prescriptions, pet insurance, and telehealth vet visits. And vet clinics are rolling out now, which I love.

45:40So many great things. And if your pet doesn't love something, return it within a year. For Life with Pets, the answer is Chewy. Save$20 on your first order with free shipping at chewpannions.chewy.com slash how rude. Apple Vacations, where your story starts. Need a vacation? The Apple Vacations foundational sale is here, so you can save up to$150 on your next escape. Book by April 30th for instant savings on trips to Mexico, the Caribbean, Hawaii, Central America, and top U.S. destinations. If you're ready for a break without breaking the bank, save up to$150 at applevacations.com or contact your travel advisor.

46:20The Apple Vacations, where your story starts. Support for the show comes from Public, the investing platform for those who take it seriously. On Public, you can build a multi-asset portfolio of stocks, bonds, options, crypto, and now generated assets, which allow you to turn any idea into an investable index with AI. It all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20 % year over year, you can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one-of-a-kind index, and lets you backtest it against the S &P 500.

46:56Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com slash podcast and earn an uncapped 1 % bonus when you transfer your portfolio. That's public.com slash podcast. Paid for by Public Investing. Brokerage services by Open to the Public Investing, Inc., Member FINRA, and SIPC. Advisory services by Public Advisors, LLC, SEC Registered Advisor. Generated assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice.

47:23Complete disclosures available at public.com slash disclosures.

47:28Emily Jashinsky:Let's talk about FISA, Ryan, one of the least discussed topics in media, but probably should be one of the most discussed topics in media. Ryan, I didn't know that you were on the car kill switch. You'd gone down that rabbit hole. This is one of my favorite rabbit holes because it sounds so dystopian. It is exactly what it sounds like. Exactly what it sounds like. You think this is crazy? Well, several years ago, this was the Biden administration. I forget which big Biden bill it was in, but it was first passed by the Biden administration, Democrats, into law. basically that cars manufactured, what by 2027 will have to have a kill switch built into them.

48:12Emily Jashinsky:Now, the debate is whether that's just for the manufacturers or whether the government will have some type of access to that more broadly. We can put C1 up on the screen. Every new car in the U.S. will be required by law to have tech that puts constant surveillance on the driver by 2027. AI in your car will determine if you're sober and fit to drive, automatically turning off the vehicle if it determines you're a danger on the road. So this is something that Mothers Against Truck Driving is very, very supportive of a difficult, obviously a reasonably difficult lobby to overcome a very, very strong, powerful lobby for good reason.

48:46Emily Jashinsky:But this is always how it starts, of course, Ryan, is that you have a serious safety concern that is put on the table and then it gets abused, predictably gets abused by the government. And you can see very clearly how this would be abused. Yes. And, you know, we often are like, there's often, there are often interesting battles going on in Congress over these authorities. And in our editorial media, we're not like, should we cover this? There's always so much else going on. Yep. So, but as the media, we've got to like do a better job in general of like talking about this stuff in real time because then it just creeps, it just creeps in.

49:30And then it's like, wait, where did this come from? How did this happen?

49:33Emily Jashinsky:And this is now part of negotiations happening, right? So the Hill needs to pass, Republicans on the Hill want to pass a government funding package. And some Republicans are holding it up. You know, the centrists are holding it up for their reasons. The hard-line conservatives are holding up for their reasons. And one of their reasons is actually this and also FISA, which we'll get into in a second. But first, let's put C2 up on the screen here. Come on. No, no, no, no.

50:05Now imagine there was an emergency outside the truck, an accident, something terrible on the ranch with a chainsaw. And I jump in this truck, but the truck, it won't shift into drive. Why? Because the cameras and sensors inside this cab won't let it shift because it detects my eyes are big. There's a lot of emotion. There's some panic. And it doesn't feel that I'm fit to drive. Now, that's not science fiction. That is happening because Ford just filed the patents. Ford actually has a series of patents down at the US Patent and Trade Office that deal with the sensors and cameras inside the cab of their truck.

50:38And if the sensors in that truck determine that you're not fit to drive, that truck will not actually shift from park to drive. Now they already have a system called telematics and that's where they can actually pull up cameras in real time inside the cab of their fleet vehicles. Now, they actually market this to insurance companies, because the truth is, this is really about who owns the data and who owns the liability. Now, your name might actually be on the title of this truck, and you may have paid for it, but you don't own it.

51:14Emily Jashinsky:Okay, that is, I mean, that should be chilling to people. And just a little bit of background on this. I'm reading from a News Nation article in January when a bunch of Republicans voted against a Massey-led effort to kill the kill switch. They wrote at the time, this is from the Biden-era Infrastructure Investment and Jobs Act, which compelled the NHTSA, Highway Safety Administration, to set a rule requiring new cars to come equipped with the ability to detect drunk driving and prevent it. You can fact check that. Plug that into Google, do it yourself. It is absolutely what was in the legislation.

51:49Emily Jashinsky:It sounds too crazy to be true. It's not. The bill required, quote, advanced drunk and impaired driving prevention technology in new cars by 2024. The technology would, quote, passively and accurately monitor driver performance to detect impairment or passively and accurately measure driver blood alcohol concentration or both in combination and prevent or limit vehicle operation if impairment is detected. That is ripped right from the bill itself, Ryan. Yes. And so the House today will be taking up the reauthorization of Section 702, FISA, which is basically the government's spying authorities.

52:27By the time the first vote on what they call the rule will probably have happened by the time this show goes out. It's expected it'll fail. Like there's so much pressure against the leadership here and against this kind of this, the idea of just passing it, that that is the expectation. But there's a massive pressure campaign from basically the deep state to move this forward. There's no constituency out there that's organized among the public that is like, oh, yeah, we desperately need more spying authorities for our government. And we need to curtail our civil liberties even more. That's not a – there was after 9-11 an actual public constituency for that.

53:21Yeah. That doesn't exist today. um so and maybe you know because it's expected to fail maybe they will hold it and there won't be a vote around 10 30 this morning we'll we'll see um but we'll we'll keep on this um the senate also is there's you know serious um opposition over on the over on the senate so this is so and basically Obviously, the fight is over a couple of things, but significantly, it's over how Anthropic told the Pentagon, screw off. We don't want to use the data broker loophole to hoover up all of this information on Americans and plug it into our AI and then execute policy based on that.

54:13Data broker loophole means, okay, the government is not allowed to track you.

54:17Emily Jashinsky:Well, basically what they – Data brokers can and the government then buys it. Buys it, right. The Ron Wyden has been on top of this for years. But basically what Anthropic was saying is we reserve the right. We want to reserve the right to say no if we see you doing that. Because I don't necessarily know that Anthropic is sincerely opposed to that happening, if it makes sense. Or if that makes sense so much as they wanted to be able to say if they notice the government doing it, no, we're out. Which is also fair. Either way, what this bill would do is basically, you know, continue to, it would basically allow that to be codified into law for not just the military, but for everybody.

54:54And there's pushback against that. But it's really wild how it's unfolding. Let's put up, where's the Jim Himes one? Yes, this is great.

55:07Emily Jashinsky:This is the Politico article. We can, C3. Yeah, so C3. This is great. Yeah, Jim Himes has taken a very strange role. He's a Democrat from Connecticut who's... You've said enough. Yes, but kind of a Wall Street Democrat who has, for some reason, taken on the role as kind of chief advocate for spying authorities in the House Democratic Caucus. It's a very interesting kind of choice to make. And he's been clashing heavily with Jamie Raskin, who is kind of the lead advocate who is in the conversation around curtailing some of these authorities. And they've been going back and forth with each other, making it kind of personal.

56:00The Lever had a good scoop yesterday, put up C5. And I encourage people to just go read this entire piece. But he's been telling people two different things. One, like publicly, he's been saying that he wants a lot of reforms and he understands people's concerns. Privately, he's been urging Democrats to just, you know, vote with Trump.

56:25Emily Jashinsky:Mounting a full-fledged campaign, whisper campaign in the background. Yeah. And getting out of there. Now, one of the dynamics here is that the CBC, the Congressional Black Caucus, had been firmly aligned with what they call a clean reauthorization, just kind of moving it forward, giving Trump the blanket authorities that he's asking for. Julian Andrioni over at Dropside spoke to a bunch of different CBC members and under pressure from constituents, they actually seem to be now backing off and are no longer like they seem to have shifted. They're saying, no, no, no, we actually we demand some reforms here.

57:09Let's roll a little bit of C4. I just want to ask you where you stand on FISA and the clean reauthorization, especially given that the backdoor search loophole. I still have some concerns about the backdoor search loophole. reauthorization. Yes, I will. I will. I will call you. You said there should be. I still have some concerns. The backdoor search loophole was used to spy on Black Lives Matter protesters in 2020. I want some reforms. There's no doubt about it, but I haven't had a chance. There's a lot of things that they're working on now. So I'm reserving judgment until I see the final product.

57:41But reforms are essential. Any specific, you know, with the data broker loophole, You've got the backdoor search loophole that was used. Too much to talk about today. Backdoor search loophole was used to spy on Black Lives Matter protesters in 2020. And that's a great issue for me, a real issue. So we're going to make sure that, you know, in our attempt to do what some think is right, we have to make sure that we're protecting civil liberties and that we're not putting ourselves in a position to be abused. Has Congressman Meeks reached out to you at all to try? Because he's very outwardly spoken about.

58:06I have not had a chance to speak about it yet. He's offering briefings to a member of Congress. Has he offered one to you? I've not had an opportunity yet. Where do you stand on the FISA vote tomorrow, the clean reauthorization? Do you want to see some reforms with regard to the backdoor search loophole that was used to spy on Black Lives Matter protesters? I'm looking very seriously. I would like to see some reforms, but I don't think we can let FISA lapse altogether. And so I'm hopeful we're able to, in an ideal world, we pass it with reforms. But I think I don't know that I'm comfortable letting it lapse altogether.

58:45Is there a rush to vote for it now? Because I know there's concerns about Section 702, but the New York Times reported on Thursday that actually that was renewed individually in March, all the way through March 2027. I'm not in a rush as long as it's not expiring, but I'm not in the majority. Okay. And specifically with regard to Congressman Meeks, he's been very vocal. He supports a clean reauthorization without the reforms. And there's been some reports. In fact, I just spoke with members of the CBC who confirmed it, said that he's been whipping up some votes. Have you spoken with him or spoken with Congressman Himes?

59:15I have not spoken directly with either of them. Have they invited you to briefings? I don't know. I've been a little distracted with redistricting. So if they have, my staff probably knows. And I don't know if it's on my calendar. But you haven't done any. I have not this year. I went, obviously, the last time. What's good about that from a kind of democratic small d perspective is that the CBC had basically been on board. But amid a lot of public pressure, like, no, actually, we do need some reforms here. It's the kind of thing that if there's sunlight on it, you get a slightly different outcome.

59:54than if there's nobody watching and you're getting pressured by basically the deep state and Greg Meeks, you're like, okay, well. Yep. Also, imagine you're a member of Congress. Do you want the deep state angry with you? Probably not.

1:00:12Emily Jashinsky:No, and this is where... You've never done anything wrong ever. Glenn, there's an episode of System Update. Well, first of all, there's an episode of System Update where pre-Mike Johnson as Speaker, Mike Johnson, goes on Glenn's show and talks about how we got to get rid of section. We have to reform section 702. I don't know if he said get rid of it altogether. I think he said get rid of it altogether, but that was a really popular. He used to be great on it. It was a really popular position, even among sort of main, quote unquote, mainstream Republicans. He wasn't free to freedom caucus or anything like Mike Johnson earlier in the Trump era, because obviously FISA had been abused to obtain warrants on people like Carter Page.

1:00:54Emily Jashinsky:And with pretty clear evidence, someone was actually prosecuted for lying on a FISA warrant application. So that obviously happened. It's a good litmus test. Like imagine the worst, your worst president, if you're a Democrat, it's probably Trump. If you're a Republican, maybe it's Obama. I have no idea. And then think about whether you want them to have, in their administration, to have FISA powers. And then if your answer is no, then probably nobody should have it. But that was so, so Mike Johnson literally walks into a skiff. It's kind of a joke on the right. Like he walks into a skiff when the reauthorization was up, what, two years ago for a vote and comes out and is like, oh, my gosh, we desperately need Section 702 for national security purposes.

1:01:35It's like we cannot afford to reform 702.

1:01:40Emily Jashinsky:And so it's the most predictable Washington cycle ever. like, oh, for partisan reasons, this was used against Donald Trump. We've got to kill it. We've got to end it. Trump himself was really, he was posting like, kill FISA in all caps several years ago. FISA itself came out of the church committee hearings and the reforms that came after the church committee and was supposed to be a barricade. And it really hasn't been.

1:02:20Okay, so my dog Little has figured out what a Chewy box looks like. And so she sees it and immediately assumes it's for her and goes rushing over to it. Isa is the same way. She barks at everyone else, but the Chewy box, she's like, I'll let that one slide. You know what? I can't blame her. Chewy has over 100 ,000 products, food, treats, toys, beds. but all the stuff that both our dogs love. And it shows up in like one or two days. Like I've barely hit the order button and it's already on my porch. So convenient. And it's not just dog stuff, birds, fish, reptiles. Chewy's got the whole pet universe covered.

1:02:57You know what surprised me was the health side. Now, you know, my sweet Holly was a medically complex poodle with her heart disease and her kidney disease. And she needed a lot of prescription meds and prescription food. And Chewy was outstanding and really went above and beyond to make sure that she had what she needed. So I appreciate that. And Chewy will take care of all prescriptions, pet insurance, telehealth, vet visits, the list goes on. And they're now rolling out actual vet clinics. So that is huge. And if Little turns her nose up at something, which she does quite often, I can return it within a year with no questions asked.

1:03:34And if I ever need help, Chewy's 24-7 customer service is actually helpful. Chewy just makes the whole pet parent thing feel easier. Yes, you really do. For life with pets, the answer is Chewy. Save$20 on your first order with free shipping at chewpannions.chewy.com slash how rude. Apple Vacations, where your story starts. Need a vacation? The Apple Vacations foundational sale is here, so you can save up to$150 on your next escape. Book by April 30th for instant savings on trips to Mexico, the Caribbean, Hawaii, Central America, and top U.S. destinations. If you're ready for a break without breaking the bank, save up to$150 at applevacations.com or contact your travel advisor.

1:04:15Apple Vacations, where your story starts. Have you heard about Klarna? Klarna is an app designed to make everyday spending simpler and more transparent. It gives you flexibility to decide how you want to pay, whether that's paying right away, paying later, or spreading payments over time. depending on what works best for you. Everything is managed in the Klarna app, so you can keep track of purchases and stay organized. You can also discover deals and even earn cash back when you shop through the Klarna app with participating brands. It's all about flexibility and staying in control of how and when you pay.

1:04:59Download the Klarna app today or visit Klarna.com to learn more. Terms apply. California resident loans made or arranged pursuant to a California finance law license. NMLS number 1353190. Klarna balance account required to be eligible for cashback points. Limitations, terms, and conditions apply. This is an iHeart Podcast. Guaranteed human.