Fed Cuts Interest Rates To 4%, Citing “Weakening Job Market”

18 Sep 2025 · 1 h 35 min · 37 chapters

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In short

The episode covers multiple breaking and political stories, centered on the Jeffrey Epstein scandal and related investigations, plus a Federal Reserve interest-rate cut, online radicalization concerns, Trump-linked crypto/chip deal reporting, federal funding cuts to pediatric brain-cancer research, and a separate political hearing about ousted CDC director Susan Menardes.

Guests and backgrounds

  1. Rep. James Comer (R-KY), House Oversight Committee chairman; leads oversight into Epstein-related matters.
  2. Justin Wolfers (University of Michigan), economics professor; analyzes Fed policy and macroeconomic signals.
  3. Journalist Tina Brown; has long covered Epstein, including UK connections to Prince Andrew.
  4. Eric Lipton (New York Times), investigative reporter; broke the UAE crypto-and-chip deal story.
  5. (Later segment) CDC-related hearing features senators; no named guest besides the episode’s main interviewees in the provided transcript.
  6. CNN’s Renee Marsh reports a family story (journalist).

Key claims / notable examples

  • Comer: FBI Director Cash Patel said no credible info in case files that Epstein trafficked victims to others; Comer says they’ll “follow the money” via Treasury/bank violations.
  • Comer: video surveillance of Epstein’s death doesn’t prove suicide vs. homicide; Barr believed suicide.
  • Comer: plans to interview Ghislaine Maxwell after Supreme Court rules; Maxwell subpoenaed.
  • Wolfers: Fed cited slowing job gains and rising unemployment; inflation elevated; tariffs framed as supply-side shock; dissent by Fed governor Stephen Myron seen as politically concerning.
  • Brown: argues evidence exists linking Epstein to Prince Andrew (e.g., Virginia Giuffre account; BBC’s Emily Maitlis interview).
  • Lipton: NYT alleges intertwined UAE chip access and a $2B World Liberty Financial crypto investment; examples include G42 executive Fiat Larkin and counsel Marty Edelman crossing roles; David Sachs involvement raised internal alarms; administration denies linkage.
  • Marsh: Pediatric Brain Tumor Consortium funding cut affects trial enrollment for children like Juliet Lesko; family describes locked-out clinical trial and uncertainty.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

Tap a time to open that second in VO

Trump's Visit and Epstein Scandal

1:02 to 2:18

A discussion on the impact of the Epstein scandal on Trump's UK visit and political implications.

“We're going to start with our Law and Justice Lead.”

Calls for Transparency on Epstein Files

2:18 to 3:54

The conversation shifts to the demands for transparency regarding the Epstein case and Acosta's role.

“Also, Bloomberg News had some emails between Mandelson and Epstein.”

House Oversight Committee Investigations

3:54 to 6:00

Chairman James Comer discusses the investigations into Epstein's case and the upcoming interview with Acosta.

“Acosta, you may recall, was the Florida U.S.”

Determining the Truth About Epstein's Death

6:00 to 8:28

A critical examination of Epstein's death, the investigation's findings, and conflicting opinions on suicide vs. homicide.

“I have to say, I mean, we know that Epstein harmed hundreds of victims, maybe even more than a thousand.”

Interviewing Ghislaine Maxwell

8:28 to 10:40

Discussion surrounding the potential future interview of Ghislaine Maxwell and her credibility as a witness.

“And I believe I was in there when he gave the deposition, and he believed firmly that it was a death by suicide.”

Radicalization and Online Platforms

10:40 to 12:14

Congressman Comer discusses the invitation for tech CEOs to address the radicalization of users on their platforms.

“And that'll be both Republicans and Democrats.”

Breaking News: Shooting in Pennsylvania

12:14 to 12:39

Coverage of a breaking news story about a shooting incident involving police officers in Pennsylvania.

“There are also questions about how Jeffrey Epstein continued to finance his business, even while under investigation.”

Police Shooting Updates

12:39 to 14:06

Detailed updates on the police shooting incident and the emergency response in Pennsylvania.

“Multiple police officers were injured, we're told, in a shooting in York County that's close to the Maryland border while they were serving a warrant.”

Breaking News on Interest Rates

14:06 to 14:35

Discussion about upcoming news and statements regarding police incidents.

“He is expected to give some sort of a briefing at 6 o 'clock, so perhaps at that time we're going to get some more information.”

Federal Reserve Interest Rate Cut

16:20 to 17:06

Analysis of the recent interest rate cut and its implications.

“The S &P and Nasdaq both down just slightly as investors take in today's Federal Reserve announcement that interest rates will drop by a quarter point to 4%.”
Show all 37 chapters

Economic Stagnation and Stagflation

17:06 to 19:16

Discussion on the dual challenges of inflation and rising unemployment.

“The first sentence of their statement is actually where they bring up front what they see.”

Fed Chair's Independence Under Scrutiny

19:16 to 20:16

Concerns regarding the independence of the Federal Reserve amid political pressure.

“Obviously, worries continue to swirl about the Fed's independence.”

The Epstein Scandal Overview

20:16 to 22:28

Introduction to the ongoing implications of the Epstein saga.

“but right now it's all out there and in public, I think.”

Financial Transactions in the Epstein Case

22:28 to 24:48

Deep dive into the financial aspects and implications of the Epstein investigation.

“Prince Andrew, the fired British ambassador, Peter Mandelson, who was bounced just before the state visit because of the release of very warm messages to Epstein long after, you know, he was a convicted sex offender.”

Trump Family's Crypto Deals

24:48 to 28:00

Exploration of the $2 billion crypto investment deal involving the Trump family.

“Coming up next, the backstory on a massive$2 billion deal.”

UAE's Technology Ambitions and U.S. Relations

28:00 to 29:54

Learn about the UAE's efforts to secure tech chips and the implications of their deals with U.S. figures.

“These are some of the most important technological innovations in modern American history.”

Concerns Over Political Corruption

29:54 to 32:01

Explore the blurred lines between politics and personal business interests in the Trump administration.

“I'm joined now by our political experts.”

Debate on Trump's Business Ventures

32:01 to 34:16

Discuss how Trump's family business activities affect public perception and potential future scandals.

“Do you think activities like these take off the table any future Hunter Biden type scandals?”

Impact of Funding Cuts on Pediatric Cancer Research

34:16 to 39:54

Understand the consequences of federal funding cuts on pediatric brain cancer research and treatments.

“I mean, obviously, the administration wants to talk about crime and crime reduction.”

CDC Director's Controversial Dismissal

39:54 to 42:00

Hear about the firing of the CDC director, her allegations, and its effects on public health policy.

“I should note also, my own son died of brain cancer, and many families struggle with the limited treatment options.”

Heated Vaccine Debate

42:00 to 45:35

A discussion on vaccine policies and public health implications.

“You've been really walking around the edges and not being truthful.”

CDC's Role in Vaccine Hesitancy

45:35 to 49:42

Examination of the CDC's influence on vaccine hesitancy and policy decisions.

“And then continuing the myth, whether it was monkeypox or the manipulating data on COVID vaccines and cardiomyitis, those types of things.”

Health Care Premiums and Government Shutdown

49:42 to 56:00

Discussion on health care premiums, government subsidies, and potential shutdown.

“We're going to turn to another major story in our World League.”

Negotiating Solutions for Health Insurance

56:00 to 57:41

Learn about potential legislative strategies to extend health insurance subsidies.

“Well, there are a lot of ways to get this done.”

Introduction to Breaking News on Police Shooting

57:41 to 58:10

Get an update on a police shooting incident in central Pennsylvania.

“Democratic Senator Gene Shaheen of the Granite State, the great state of New Hampshire.”

Press Conference on Police Shooting Incident

58:10 to 1:01:54

Hear details from authorities regarding a shooting involving law enforcement officers.

“We're bringing you a live look from York County, Pennsylvania.”

Governor's Remarks on the Tragic Incident

1:01:54 to 1:04:18

Listen to the Governor's heartfelt comments on the police shooting tragedy.

“I'll now turn it over to Governor Shapiro.”

Healthcare Response to Shooting Victims

1:04:18 to 1:10:00

Details from medical personnel on the treatment of officers injured in the shooting.

“I'll just share with you what I told them.”

Hospital Press Conference on Shooting Incident

1:10:00 to 1:13:30

Details surrounding a critical incident involving law enforcement are discussed.

“So we received two gunshot wound victims from the scene.”

Reactions to the Tragic Loss of Officers

1:13:30 to 1:15:50

Discussion on the impact of the shooting on the local community and law enforcement.

“And Corotus Township is on the southern part of that.”

Personal Reflections on Officer Sacrifice

1:15:50 to 1:18:40

Former police officers share personal experiences and the emotional toll of such tragedies.

“And Chief Ramsey, you led the police departments here in Washington, D.C.”

Jimmy Kimmel's Indefinite Suspension Explained

1:18:40 to 1:22:25

The controversy surrounding Jimmy Kimmel's comments and subsequent suspension from ABC is analyzed.

“but it'll never be the same, believe me.”

Cultural Impact of Late Night Comedy

1:22:25 to 1:24:00

Discussion on the cultural implications of political commentary in late-night television.

“I think you're making a very important point.”

Cultural Issues in Late Night Television

1:24:00 to 1:25:13

Exploration of the cultural dynamics affecting conservative viewers of late-night comedy.

“Obviously, there's calls for Kimmel be fired.”

The Role of the FCC and Free Speech

1:25:13 to 1:26:44

Discussion on the legal implications of the FCC's role in regulating content and the First Amendment.

“of a reporter asking President Trump how he was doing with the death of Charlie Kirk.”

Cancel Culture and Executive Power

1:26:44 to 1:28:49

Analysis of how President Trump's use of power may reflect cancel culture dynamics.

“Elsewhere in the interview, Carr attacked Kimmel as talentless and suggested the late-night comedian's comments displayed some sort of, quote, desperate irrelevance.”

Standards for Comedians vs. Politicians

1:28:49 to 1:31:29

Debate on the different standards applied to late-night comedians and elected leaders.

“If they wanted to fight this, they might have a basis to go into court the same way that law firms have gone into court.”
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Transcript

Automatic transcript. May contain errors.

0:01Guess who's coming to dinner? The lead starts right now. Rupert Murdoch joining President Trump for his final night in London. Yeah, that Rupert Murdoch who's facing a$20 billion lawsuit from that same President Trump over an article about Trump and the Epstein scandal. And there is more. I'm going to talk to a Republican congressman getting ready to question the former prosecutor, the former U.S. attorney who gave the now dead pedophile that sweetheart deal. And breaking shocking news, a shooting in central Pennsylvania. A source just told CNN multiple police officers were injured. We're working to learn more.

0:42We'll bring it to you as soon as we do. Plus, proof of poisoning? The stunning claim today from Alexei Navalny's widow about how her husband died in that Russian prison. And we'll also bring you the reaction from the Kremlin.

1:00Welcome to The Lead. I'm Jake Tapper. We're going to start with our Law and Justice Lead. And the one problem that at least today, these days, seems to be following President Trump everywhere he goes, even overseas, and that is the Jeffrey Epstein scandal. In fairness, that is partly because Epstein's repulsive reach extended to the United Kingdom long before today, entangling Prince Andrew in his disgusting web. Amid the pomp and pageantry for Trump's historic second state visit to the UK, which includes a grand banquet still underway right now, are anti-Trump protests, both in central London and near Windsor Castle, where Trump is staying, even though the protests are being kept miles away from President Trump and the splendor of a royal occasion.

1:43It is the Epstein scandal that is haunting Trump's unprecedented trip. In fact, this entire grand welcome for Trump could come crashing down tomorrow, theoretically, when Trump and the British Prime Minister Keir Starmer hold a news conference. And the subject could no doubt rear its head because, remember, it was just last week that Prime Minister Starmer fired the now former UK ambassador to the United States, Peter Mandelson, after Mandelson's links to Epstein became public. With the release of Epstein's birthday book, Mandelson had penned a handwritten note describing Epstein as, quote, my best pal.

2:18Also, Bloomberg News had some emails between Mandelson and Epstein. Back here in the United States, the refusal as of yet of the Trump administration to provide full transparency when it comes to the scandal continues to make waves. Some Republicans on the Senate Judiciary Committee are to this day calling on the Justice Department to release all of the Epstein files. I just I don't think this needs to be a big deal. I mean, just release everything that release everything you can. We want to know if he trafficked any of these young women to his friends. And this issue isn't going away. Certainly not going away, especially when the deputy attorney general, Trump's former personal attorney, said this to CNN's Caitlin Collins about his meeting a few weeks ago with Epstein associate and convicted sex trafficker Ghislaine Maxwell.

3:12Did you find her to be credible?

3:17it's it's an impossible question to answer i met with her for two days to determine whether a witness is credible takes weeks and weeks and weeks i asked her questions that that i believe all of us wanted answered and she answered them it takes weeks and weeks and weeks to determine whether or not a convicted sex trafficker is credible one whom prosecutors have previously charged with perjury, having, quote, brazenly lied under oath about her conduct, including some of the conduct charged in the indictment, unquote. Huh. Interesting. All of this as the House Oversight Committee prepares to interview former Trump official Alex Acosta on Friday.

3:56Acosta, you may recall, was the Florida U.S. Attorney General who cut a sweetheart plea deal for Epstein way back in 2007, 2008. Right now, it appears the Trump administration is placing the blame on Acosta over his initial handling of the Epstein case. Take a listen to what FBI Director Cash Patel said yesterday in his Senate hearing on Capitol Hill. And I'm here to testify that the original sin in the Epstein case was the way it was initially brought by Mr. Acosta back in 2006. Joining us now, the chairman of the House Oversight Committee, Republican Congressman James Comer of Kentucky. Mr. Chairman, thanks so much for joining us.

4:34Mr. Patel, FBI Director Patel also said it was Acosta, who back when he was a U.S. attorney general during the, I'm sorry, during U.S. attorney and a U.S. attorney during the Bush administration, Acosta limited the investigation and the search warrants and the parameters of the investigation. I assume you're going to press Acosta about this on Friday when you interview him. Yeah, Acosta is going to have a tough interview because the Republicans get an hour and then the Democrats get an hour and then the Republicans will get another hour and it'll keep going like that. And I think both sides have a lot of questions.

5:06I've said from the very beginning, it's my hope that this is a bipartisan investigation. And, you know, Acosta is the one guy that I think has more explaining to do than anyone, because it appears that he was the first real big prosecutor that had an opportunity to nail Epstein. And for whatever reason, as you said, and I think that's that's fairly accurate. It appears that he got a sweetheart deal. Also in his hearing yesterday, FBI Director Patel was asked if Epstein trafficked young women to anyone other than himself. Take a listen to Patel's response. There is no credible information. None.

5:46If there were, I would bring the case yesterday that he trafficked to other individuals. And the information we have, again, is limited. So the answer is no one? For the information that we have. In the files? In the case file. I have to say, I mean, we know that Epstein harmed hundreds of victims, maybe even more than a thousand. How do you explain that answer that he did not, that they don't have evidence that he trafficked any of these underage girls to anyone other than himself? Well, thus far, with the information that we've received, what Patel said would appear to be consistent. And we met privately with the victims for over two hours, as well as their attorneys.

6:30Many members of the committee, both Democrat and Republican, male and female, asked the victims if they would provide names. And they didn't say there weren't any names, but they didn't give us any names. And we're going to follow the money. I think the next step in trying to determine whether or not there were people other than Epstein that were involved in the human trafficking is to follow the money. And that's where we are in the investigation now. We're fixing to go into Treasury Cabinet and look at the bank violations. And as I've always said in previous investigations, the banks are always the first people that usually catch criminal activity.

7:09And we heard from Jamie Dimon today on the Hill when he spoke to the senators and confirmed what I believed all along, that there were many bank violations dating back many decades. So we're hopeful that those bank violations will lead to people who gave Epstein money. And then we can question them and say, why did you send Epstein money? All right. Good stuff. Also on Tuesday, the Oversight Committee, your committee released the transcript. Former U.S. Attorney General Bill Barr's testimony with House investigators. Barr said he absolutely believes that Epstein died by suicide in prison, that he saw no evidence of homicide.

7:45He did not think it was possible for anyone to go into Epstein's cell undetected. Do you buy that? Is that enough for you? Well, I've watched the video and a lot of people on the committee have watched the surveillance video. And it's very difficult to determine. The video camera was not pointed in the cell. It was pointed outside the cell. We all can tell there was activity prior to the death of Epstein. but you can't determine, or we couldn't from the video, whether or not he was assisted in that, whether that anyone left stuff behind to help him carry out the suicide, or whether someone actually went in and murdered him.

8:28And I respect Bill Barr. I think he's a good man. And that's what he said. And I believe I was in there when he gave the deposition, and he believed firmly that it was a death by suicide. But from what we've seen, it's hard to determine whether it was suicide or was something else. Does Bill Barr have information that you don't? No, I mean, he acted like he gave us all the information. And we've questioned six attorneys generals. We've heard back from all of them. Several are in the process of writing letters explaining their limited involvement. I believe that, you know, this this investigation appears and the crimes appear to have occurred for six previous presidential administrations.

9:13So there were lots of attorney general, both Republican and Democrat, that probably years back didn't know about it because it wasn't a high profile. But certainly after the Acosta case, from that point on, every attorney general should have a pretty good knowledge of the Epstein crimes and who was involved. Last night on CNN, Deputy Attorney General Todd Blanche was interviewed by Caitlin Collins, and he defended his interview of Epstein's associate, convicted sex trafficker Ghislaine Maxwell. I want to play a little excerpt and get your reaction. Let's roll that. The point of the interview was not for me to pressure test every single answer she gave.

9:49Of course not. She had been in prison for many, many years. And she had offered to speak on many, many occasions. And she was never given that opportunity. And so what I did is I gave her that opportunity to speak. It was recorded. It's really up to the American people to determine whether they believe that her answers were credible or whether they found her not credible. Do you find Maxwell credible? Well, I mean, she's by all the evidence I've seen, she appears to be a bad actor, a criminal of the of the worst sort. But we're going to have an opportunity, hopefully, to interview her on the House Oversight Committee.

10:26I subpoenaed her. Her attorneys responded that they would prefer that we wait and go in and interview her until after the Supreme Court rules on her appeal. We think that that could be in 30 days or less. So I fully expect the House Oversight Committee to interview Maxwell. And that'll be both Republicans and Democrats. Finally, Mr. Chairman, in the wake of the horrific assassination of Charlie Kirk, you're inviting the CEOs of Discord and Steam and Twitch and Reddit to testify, the subject being the radicalization of online forum users. I'm sure they're going to say to you along the lines of we're no different from Google, people emailing each other, we're no different from the phone companies, people talking to each other.

11:09What would you say to them and how can you hold them accountable? Well, this is a tough issue and you know, there are many of us who respect freedom of speech. We expect, respect privacy rights, but there's also seems to be a pattern of where some of the criminals in the recent mass shootings as well as some of the more high profile crimes that have been committed here lately. The younger criminals have been communicating via those platforms. So we're trying to bring them in to get answers. Obviously, we have a lot of questions. There are a lot of conspiracy theories from the left and the right on the internet right now.

11:48We don't know what's factual and what's not. But if there's something that we can do, were there warning signs? Was there a way to detect some of these crimes that have been committed where there was clear, multiple lines of communication on those platforms, and we're going to see if there's something that we can do without respect, you know, without abusing the freedom of speech. Republican Congressman, the chairman of the House Oversight Committee, James Comer, thank you so much, sir. Appreciate your time today. Thanks for having me. There are also questions about how Jeffrey Epstein continued to finance his business, even while under investigation.

12:20You just heard Chairman Comer talking about the question of finances, the major action taken today to try to follow the money. But first, the breaking news, a source saying that multiple police officers have been injured in a shooting in central Pennsylvania. The brand new details coming in next.

12:38We're following the breaking news out of the Commonwealth of Pennsylvania. Multiple police officers were injured, we're told, in a shooting in York County that's close to the Maryland border while they were serving a warrant. That's what sources tell us. Let's go right to CNN's Jason Carroll. Jason, what can you tell us? Well, Jake, we're still trying to get more information about this, but we have been able to get some more details about what may have happened out here. Apparently now what we're hearing is that there are two officers who have been transported to hospital. We are trying to get word about their condition.

13:08But again, as you stated, multiple officers were involved in a shooting. While it appears they were trying to serve a court order at a property out there, this occurring in North Cordes Township. It's a very, very rural area in York, in central Pennsylvania. The emergency director from York County, he's there on the scene, on the ground within the past hour. He did give a briefing. He gave very little information. He did not take questions, but he did say that initially an emergency call came in at around 2 10 p.m. Numerous police, EMS responded out there to the property. Pennsylvania State Police are the ones who are currently conducting the investigation.

13:53They described it as a very much of an evolving situation. The schools in the area, Jake, for a short period of time, K through 12, were asked to shelter in place as a precaution. Pennsylvania's governor, he is on his way. He is expected to give some sort of a briefing at 6 o 'clock, so perhaps at that time we're going to get some more information. In the meantime, Pennsylvania's lieutenant governor released this statement on X, saying the following, asking people to pray for the officers and those involved in the shooting in your county. All right, Jason Carroll, we're going to check back in with you when you have more.

14:29Obviously, our thoughts are with these police officers. Thank you so much, Jason. The big money news today. The cost to borrow just got less expensive. The breaking news on the highly anticipated interest rate cut and what that means for you. Coming up.

15:08The app is stunning. And if you're a weather nerd like me, you'll love our in-depth stories and the photo of the day. Download the CNN weather app on iOS today. I'm CNN tech reporter Claire Duffy. This week on the podcast Terms of Service. Are virtual wallets on the way to replacing the classic billfold? And as a tech reporter, I cannot help but wonder what are the risks of storing so much personal information in one place on our phones? Thankfully, Consumer Reports investigative reporter Lisa Gill spent months trying to answer those questions. She joined me to talk about her own digital wallet journey and how to keep your financial data as secure as possible.

15:51Google Wallet, Samsung Wallet, and Apple Wallet tell you that they do not hold funds. They merely facilitate a transaction. Your information is stored on your phone, not with them. PayPal, Cash App and Venmo actually do hold funds. And they, in my mind, act a lot more like a bank. Listen to CNN's Terms of Service wherever you get your podcasts. This just in in our money lead, a roller coaster market close today with the Dow up 260 points. The S &P and Nasdaq both down just slightly as investors take in today's Federal Reserve announcement that interest rates will drop by a quarter point to 4%.

16:35It's the first cut of President Trump's second term after months of his pressure campaign, public pressure campaign against Fed Chair Jerome Powell. Economists will say today was a result of a weakening job market, however, not the pressure from the president. Let's bring in Justin Wolfers from the University of Michigan. Justin, between the job market and what we know about inflation being at its highest rates since January. What does today's rate cut say about where our economy is tracking right now? Yeah, we could actually just listen to the Fed directly. The first sentence of their statement is actually where they bring up front what they see.

17:10And they say, job gains have slowed and the unemployment rate has edged up. Inflation has moved up and remains somewhat elevated. Look, Jake, normally we get one of those bad things at a time. What we're getting is both. So they're saying both there's some economic stagnation, there's some inflation. So today the Fed made it official where in the early days of what at this point is a mild stagflation, we don't really know what lies ahead. You said that usually you get one of those, either unemployment or inflation, not both. And we have slight elevation on both. Is that because of the tariffs?

17:47Yes. Hey, I just got back from teaching economics 101. And one of the things we teach is when it's a demand shock, you get one good thing and one bad thing. When it's a supply shock, it's the two bad things. And so the fact that inflation is rising at the same time as unemployment is rising tells us it's the supply side of the economy. Tariffs are exactly that. They make it harder for Americans to do business. They're raising costs and they're also making it harder for people to get the inputs that they need. The only dissenter today on the board of the Fed was the newest Fed governor, Stephen Myron, President Trump's chairman of the Council of Economic Advisors, until he was sworn in yesterday.

18:25He favored a much larger rate cut. Is there anything we can infer from his vote about Trump's pressure campaign on the Fed and if it will continue? Yeah, I actually think this is very worrying. I want to be clear to your viewers, not everyone shares my reading of this. But the concern coming in is that Moran, who is on leave from inside the White House and so hopes to return to Trump's employee any day now. The concern was that he'd be carrying water for the White House. In his very first meeting, without enough time to have been properly briefed, he alone dissented from everyone else. That's a statement.

19:03It's a signal. What's the signal? Look, I don't know, but I do know if you wanted to signal, I am the White House's boy, this is the signal you'd send. With Moran installed at the Fed and Trump's rage against the entire institution. Obviously, worries continue to swirl about the Fed's independence. And Jerome Powell, the chair, answered a question about whether the public will be able to tell if the Fed's independent has been compromised. Take a listen to what he said. Part of Washington, everything is seen through the lens of does it help or hurt this political party, this politician? You know, that's that's the framework.

19:38And I think people find it hard to believe that that's just that is not at all the way we think about things. at the Fed. We're taking a longer perspective. We're trying to, you know, serve the American people as best we can. So I think you would be able to tell. I don't believe we'll ever get to that place. Did what the chairman had to say assuage any concerns you might have about the Fed's independence? Yeah, and I can add one more, which is I happen to be friends with about half the governors. If they felt they were under pressure, that was improper, they'd be leaking like Sivs, they'd be calling me and I'd be calling you, Jake.

20:13So there's a lot of pressure for sure, but right now it's all out there and in public, I think. All right, Justin Wolfer's professor, thank you so much for being with us. We really appreciate it. Go blue. Pleasure, mate. Go blue. What following the money could mean in the Epstein scandal. My next guest has followed the saga for years. We're going to have her take on flagged bank accounts next. Next.

20:38Will you meet with the victims as well? The FBI will meet with anyone who has new information. Will you personally meet with them? The FBI and the professionals who are handling the cases will. That's FBI Director Cash Patel earlier today before the House Judiciary Committee unwilling to commit to meet with Jeffrey Epstein victims. Journalist Tina Brown has been covering the Epstein case for years and joins us now. Tina, so good to see you. You followed this saga, including from the international side, digging for connections between Epstein and Prince Andrew. We heard the FBI director say that the FBI so far does not have a record of any Epstein clients, mainly because the former prosecutor Alex Acosta limited the investigation back in the day just to Epstein.

21:21But I have to wonder if there are other men who were clients of Epstein who the girls and women were trafficked to. Would you agree that the FBI would not need to go far to find that evidence? I mean, it's in plain sight. It also means that you're really, that Kash Patel is really saying that we're supposed to think that every one of these girls who has talked, all these women, these victims are just lying. I mean, we have Virginia Jufri's long and detailed account of how she was trafficked to Prince Andrew in the UK. And he was defenestrated by the BBC's Emily Maitlis, taking apart all of his so-called sort of alibis for that night.

21:59And this is proven stuff that's out there in the world. And how he can sit there with a straight face and say that there's no evidence blows my mind, frankly. I agree. That interview was so good, they actually made a movie about it. I think it's called The Interview. It's an excellent film. Meanwhile, the royals pulling out all the stops for Trump's historic second state visit to the UK. Is it being overshadowed by the Epstein scandal, do you think? I don't, although I do think that it's kind of ironic that there are three sort of principles involved, you know, subliminally or actually in this event.

22:38Prince Andrew, the fired British ambassador, Peter Mandelson, who was bounced just before the state visit because of the release of very warm messages to Epstein long after, you know, he was a convicted sex offender. And of course, Trump himself. I mean, they're all kind of mixed up with Epstein. And we saw last night the projection onto the towers of the granite towers of Windsor, thousand year old towers, you know, pictures of Trump and Epstein, which some very creative protester had arranged to have projected there. So that is obviously is a bit of a shadow. But, you know, the fact is, is that a state visit is a massive, massive big deal and nothing can really overshadow that.

23:24It's not good for for Prime Minister Keir Starmer to have had to deal with this Mandelson fracas. But, you know, I still think the images are going to be those that Trump wants. Earlier today, the House Judiciary Committee voted to block a Democratic move to subpoena banks connected to Epstein banks that previously had flagged Epstein accounts. What kind of information do you think could come out of those bank transactions? I think a lot. I mean, money was just whirling around between these massive players and Jeffrey Epstein. We still haven't really found out to this day the real nitty gritty source of Epstein's enormous fortune.

24:00I mean, in her interview with Todd Blanche, Jelaine Maxwell said, you know, he told me that he was good at finding stolen money. I mean, what's that suddenly? There are massive sums of money from Epstein into Ghislaine's bank account, where she says she can really hardly remember sort of how$18 million suddenly sort of fetched up in her account. So there's all of this stuff where we're kind of wondering, what was he really up to, Jeffrey Epstein? How much of it was bribery? How much of it was blackmail? How much of it was him being a con man? And I think it's all mixed up, but really still hasn't been thoroughly, properly, forensically sorted.

Read the full transcript

24:45Tina Brown, always great to have you on. Thank you so much. Thank you. Coming up next, the backstory on a massive$2 billion deal. The computer chips reportedly exchanged for a major crypto investment to benefit the Trump family. One of the journalists unveiling this incredible transaction will join me next.

25:03Our tech lead now, a New York Times investigation sheds light on the Trump family's crypto dealings with the UAE, the United Arab Emirates. The report outlines how World Liberty Financial, a crypto firm backed by the Trump and Whitcoff families, announced a$2 billion investment from the UAE. And just weeks later, the Trump administration allowed the UAE access to the world's most advanced computer chips. Quote, the Times found that the agreements were intertwined in ways that have not been previously reported and that they provoked concerns about conflicts of interest, even from staff members in the Trump administration, unquote.

25:37Let's bring in one of the reporters who broke the story, Eric Lipton. And Eric, your team interviewed more than 75 people for this investigation. What were the key pieces of evidence that helped you to draw the conclusion that we just read that these agreements were in many ways intertwined? What we found was that there were executives that were from the chips company that were also working on the crypto side of the ledger. And so, for example, there's an executive at this company called G42 that's financed and run by UAE. His name is Fiat Larkin, and he was tasked to help World Liberty as it was preparing to launch its own stablecoin.

26:17And so as G42 was seeking access to the chips from the United States, it was helping World Liberty preparing for its newest product, the stablecoin. Similarly, there's a lawyer whose name is Marty Edelman, who's been a longtime friend of Steve Whitcoff, the Middle East envoy. And Marty Edelman is both the general counsel at G42, the chips company, and he is on the board at the other company called MGX that was pushing the$2 billion into world liberty. So there was this crossing of interest. And Whitcoff himself was involved in the chips conversation. At the same time as he has an interest in world liberty.

26:56So he was on two sides of the ledger as well. So he had this crossing of interest and money that was happening at a deal that has enormous national security implications. So the deal really begins with a member of this ultra-rich ruling family in the UAE controlling more than a trillion dollars of government money there. How did Trump's victory open doors for him to try to expand the UAE's technological industry in a way that would not have happened, perhaps, if Kamala Harris had won. Or maybe it would have. I don't know. Yeah, well, UAE is enormously wealthy, has trillions of dollars, effectively, in sovereign wealth funds.

27:34It's a bank of sorts for other countries. And that's oil wealth. But they see the end of the line for oil. You know, eventually it's going to happen. And so they want to transform themselves with this giant pot of money into a global leader in AI and technology. They want to become a global tech mecca. instead of just an oil place. And in order to do that, they need access to NVIDIA chips. And the United States really dominates in developing the most advanced chips. These are some of the most important technological innovations in modern American history. But in order for UAE to transform itself into a tech capital, it needs these chips.

28:12And it didn't get as many chips as it wanted from the Biden administration. And it saw the opportunity to make a much better deal with Trump and with Whitcoff. And Whitcoff and Trump are both involved in world liberty. And so in the middle of this conversation about we want more chips, the UAE decides to push$2 billion to the crypto company that Whitcoff and Trump helped found and that their sons are still running. And one of the players you highlight in the investigation is David Sachs, the White House AI and crypto czar. His involvement raised the alarm of administration officials, you say. How did his role in this deal come about and why were they concerned?

28:49So, I mean, Sachs is another senior advisor to the president. He's a venture capitalist. He is simultaneously working both as a White House advisor part time and as a venture capitalist part time. And he comes from the world that wants to sell, sell, sell and wants to spread American technology as widely as possible. And so he was very aggressively pushing to allow the UAE to have more chips. And there were others in the administration who were concerned about the United Arab Emirates and the potential that it might share this technology with China in a way that could actually help China militarily.

29:23And so Sachs was clashing with some of these other figures inside the Trump administration. And Sachs is still a venture capitalist. And he comes from this mindset from Silicon Valley that the United States is better served by selling as much as possible. We should note that the White House and World Liberty deny there's any relationship to the transactions. They say the$2 billion deal was totally, quote, totally unrelated to any government business. And they also say Steve Woodcoff is in the process of divesting from World Liberty Financial. Eric Lipton, thank you so much for bringing your reporting to us.

29:55Really appreciate it. I'm joined now by our political experts. And let's start with what we just heard. These computer chips and cryptocurrency deals seem at the very least to blur the line between public figures benefiting financially from government. But I guess the big question is, do regular voters care? do congressional committees run by Republicans care? You know, when I opened up the article, and I want to dig into this, I don't read about this every day in a political campaign. When I hit play on the New York, it was 27 minutes long. This reporting was in depth. And then the other thing that stood out to me was special waivers from the White House.

30:30It was done, quote unquote, legally. There's some gray areas. This administration has pushed on lots of things. And this being another one of those things, another one of those things that stood out to me in this reporting was that they had to get an agreement to make sure they wouldn't give the chips to China because that was one of the conservative concerns from the beginning. But to your point, Jake, and I think you're exactly right, as a guy who makes ads for a living, there's no way I could explain this in a 30-second ad to try to say Donald Trump was corrupt if I chose to say that myself.

30:56But what it does do is it just puts another layer of uncertainty about another thing that they did, and I would have really went and leaned into the waiver piece of this and the China piece. What do you think? Listen, I think the challenge you have is, you know, with President Trump being president, you really can't limit what his kids do for a living. You know, we don't have laws and rules against that to say the kids, you know, can't be, you know, can't seek any type of business opportunity. Crypto, the space right now, is a unique space. It's being, it's very, it's in its birth stage here in the United States.

31:26President Trump has said he's going to make this the crypto capital of the world. You can't hold it against for Don and Eric for wanting to get involved in this sector. When I read the article, you're right, it's 27 minutes long if you were to play it. But what it also said, I think, probably in the 10th paragraph, is there's been no direct links. And that's what we want to hear. We want to hear there's no direct links between what action took place here and what action is taking here. There's a lot of innuendo. There's a lot of smoke. But what we've seen so far, there's no direct links. And you're going to bump into each other.

31:53I mean, these guys are young men who have the right, constitutional right, to have a career for themselves. And they're not going to sit back. Let me just ask you as a quick political issue. Do you think activities like these take off the table any future Hunter Biden type scandals? Because, I mean, just in terms of wealth and how much anybody's cashing in, quote unquote, allegedly. I mean, this is just a whole different. This is massive and this is bigger than anything else. But I think the problem that you had with the Hunter Biden scandal is the media, the left, they decided to put their head in the sand and say, no, this is not taking place.

32:29Whereas the media today and the left is saying this is absolutely taking place. I think it's, you know, it's where everybody turned a blind eye to when the Democrats do something like this. But let's look at Trump's first terms. They actually took these pledges and they still got criticized for not investing in these things. So no matter what they were going to do, the criticisms are going to happen. They should be allowed to have a career. Something that happened earlier this week, Monday morning, I think, is President Trump ordered another strike on an alleged Trend de Aragua, Venezuelan drug cartel boat.

33:00I want you to listen to something Vice President J.D. Vance said this afternoon during a rally in Michigan talking about the U.S. military attacking these boats allegedly carrying drugs from Venezuela.

33:12And I was talking to Secretary Hague, and you know what he said? He said, you know what, Mr. Vice President, we don't see any of these drug boats coming into our country. They've completely stopped. And I said, I know why. I would stop too. Hell, I wouldn't go fishing right now in that area of the world. I mean, President Trump made a similar joke, too, about about fishing. I don't think they're laughing in South America, though. No, and I'm not going to be laughing this weekend when I'm fly fishing in the Keys because I'm literally going to this part of the country. But really, the thing here is about the midterms and what they're wanting to do so desperately as a political consultant is they're wanting to just message, message to make sure they can make an ad, whether it means a difference or not.

33:51You could have pulled a carrier up, not a carrier, but a smaller boat to that boat to find out if they were actually smuggling drugs without blowing people out of the water. They're doing that just like they brought the National Guard into D.C. and just like they do other things so they can say, we've cleaned up the streets of L.A., we've straight cleaned up L.A., cleaned up the streets of D.C., and we're blowing up drug dealers. Whether they were or not, they want to be able to say that to the American public. I think to distract from the big, beautiful bill that's very unpopular. What do you think?

34:16I mean, obviously, the administration wants to talk about crime and crime reduction. I think I think crime is a big deal with this administration. That's why you see the border policy that took place, you know, basically shutting down the border to make sure that fentanyl and these other drugs don't come in. This is an extension of that. We win. Republicans win when we have a conversation about crime. Because what you do is you have an extreme reaction from the left to whatever President Trump is doing. And that reaction inevitably ends up defending, you know, child molesters, spousal abusers, and the worst of the worst.

34:42So anytime we have this debate, we will always end up in the same position. And they want to have this debate because you just reported on the Fed doing what it did with interest rates because the economy is slowing down. They want a message on that. We're going to want a message on the economy. All right. Thanks to both of you. Appreciate it. Coming up next, the very real impact on funding for critical research has been stopped. The effect on the parents of a three-year-old little girl fighting brain cancer. We'll tell you the story next.

35:08And our health lead, a very personal look now at the impact of Trump administration funding cuts coming for a group that studies children who have brain cancer. The Pediatric Brain Tumor Consortium is a network of top physicians and scientists across the country. They're using new treatments and clinical trials to try to help some of the country's youngest cancer patients. The Trump administration wants to stop its funding. It's in about six months. CNN's Renee Marsh spoke with a family navigating this daunting reality.

35:39This is a fluffy one right there. We want Juliet to feel like she is a regular kid. To that end, she doesn't know that anything is unique about her.

35:56Mornings look normal at the Lesko house, but it's not. When Juliet was just three, doctors found a tumor on her brain stem, a pendemoma, an incurable brain and spinal cord cancer. My mom made my money back. You made this one? She's now five, but doesn't yet know about her devastating diagnosis. I will never forget that nurse walking us to the elevator, just saying to us, you guys are going to be here for a while. Your world kind of changes. There is no cure for this condition. There's a treatment that works sometimes, and it didn't work for Juliet. After two brain surgeries, 30 sessions of radiation, and two relapses, Juliet is now being treated with an experimental drug, but it's unclear if it's working.

36:39I hope it still fits. Her parents, Jim and Melanie Lesko, hope to line up alternative treatments. But the National Cancer Institute recently cut funding to the Pediatric Brain Tumor Consortium, limiting Juliet's treatment options. For me to log on to the clinical trials website and see that one of the novel treatment techniques that's being tested, the trial is suddenly active but not recruiting. It goes beyond hurt. It becomes insulting. The PBTC is a national network of top doctors, scientists and hospitals with expertise in pediatric brain tumors. Giving children like Juliet access to experimental treatments that are often their last option.

37:20The funding cut means current patients can continue treatments, but no new patients like Juliet can enroll. Our next scan being on September 25th, right now is when we need to know which trial we want to pursue. If the tumor has grown, it means we need to try something new and we need to try it fast. Dr. Eugene Wang is also feeling the impact of federal cuts. He didn't get the funding he expected for a cancer vaccine he and a colleague created that cured lab mice of one of the worst forms of brain cancer. Then, the pediatric network that would have run his clinical trial also lost funding. It felt like the train was really starting to gain some momentum.

38:04And now it feels like not only has the brakes been applied, but the engine is being disassembled and the tracks are being taken off the road in front of us. Health and Human Services defends the cut, saying it will allow resources to be more effectively used by rolling these clinical trials over to another larger pediatric cancer network. They say they do not anticipate any funding gap for pediatric brain tumor research. Can I put your backpack on you? The clinical trial Juliet's family is locked out of is designed for patients with cancer like hers. And D.J. Daniels, the young patient President Trump highlighted this March.

38:43His name is D.J. Daniel. He is 13 years old and he has always dreamed of becoming a police officer. But in 2018, DJ was diagnosed with brain cancer. For us to see that was actually very hopeful. My child's rare disease is being, is in headlines and acknowledged. And then following that, all the actual budget cuts and proposed budget cuts to NCI and NIH has, I mean, had completely taken the wind out of our sails. This was already a hard battle. It makes it even harder. And Jake, this is about more than six paused clinical trials. It's all happening against the backdrop of upheaval in the cancer research community driven by policies and actions under the current administration.

39:30deep cuts to NIH grants and exodus of experienced staff from NIH and the National Cancer Institute, the country's primary cancer research agency. And the fear is that some critical research won't get done, and that could mean losing years of progress in the fight against cancer. In just eight days, the Lescos will get Juliet's brain scan results, and they are still figuring out their next steps if the cancer has spread. I should note also, my own son died of brain cancer, and many families struggle with the limited treatment options. So scaling back what few options do exist for what is the deadliest form of childhood cancer is seen as devastating in that community.

40:12Jake. Thank you, Renee. We really appreciate it.

40:18Welcome to The Lead. I'm Jake Tapper. This hour, the fired CDC director making her case. what she says about her disagreements with the Health and Human Services Secretary RFK Jr. and why some Republicans insist that she is not telling the truth. Plus, in an already politically charged climate, a black student in Mississippi was found dead, hanged. What authorities are saying about the death. Also, President Trump's attempt to paint mortgage fraud claims on a top prosecutor who once prosecuted him. How's that going over? And superstar Dave Matthews is here on the lead. Why he says he's singing for farmers at Farm Aid this weekend to make sure their voices are heard.

41:01The lead tonight ousted CDC Director Susan Menara has squared off with U.S. senators on Capitol Hill today, giving her side of the story about why she was fired just after 29 days after taking the job of story, which is at odds with the one being told by her former boss, HHS Secretary RFK Jr. He told me he could not trust me. He told me he could not trust me because I had shared information related to our conversation beyond his staff. I told him, if you cannot trust me, then you can fire me. I told her that she had to resign because I asked her, are you a trustworthy person? And she said no. While all of the Democrats in the Senate voted against confirming Menardes, it was Republicans who turned up the heat today.

41:53Not only did Republican Senator from Oklahoma Mark Wayne Mullen accuse the fired CDC director of being dishonest, he suggested that he had proof. It was a recorded meeting. You've been really walking around the edges and not being truthful. So did he ask you the question, can he trust you? And your answer was? He told me he could not trust me. And I told him if he could not trust me, he could fire me. That isn't how that conversation went. The ousted CDC director also warned that her clashes with RFK Jr. over vaccine policies could have serious consequences for public health. I believe preventable diseases will return, and I believe that we will have our children harmed.

42:46I worry about the ramifications for those children in illness and in death. I worry about our school systems. I worry about our medical institutions having to take care of sick kids that could have been prevented by effective and safe vaccines. I worry about the future of trust in public health. And that led to this heated exchange with Republican Senator Rand Paul of Kentucky. The burden is upon you and the people you wouldn't fire to prove to us that we need to give our six-month-old a COVID vaccine and that we need to give our one-day-old a hepatitis B vaccine. That's what the debate ought to be about, not whether all vaccines are good or whether we live in Alice in Wonderland.

43:31I actually agree with you. And I was open to the science. I just would not pre-commit to approving all the ACIP recommendations without the science. Untrue. Turning us down to discuss Republican Senator Roger Marshall of Kansas. He worked as a physician and obstetrician before being elected to Congress and was also at today's hearing. Thanks so much for being here, Senators. I appreciate you. So you just heard Senator Mullins say that there's a recording of this meeting that led to Dr. Menard's ouster. He seems to suggest that he heard the recording. Have you heard the recording? No, not at all.

44:06I don't think that's the real reason she was fired. I think the real reason she was fired is that philosophically she wanted to go in a different direction than Secretary Kennedy. Look, Secretary Kennedy is not an anti-vaxxer, but he doesn't believe that every person needs every vaccine. But Dr. Moneris, as I listened to her today, is that she believes every person needs every vaccine, that every child needs all 76 jabs. And I think that's where the break is. It's more of a philosophical look at things beyond the who said, he said, who said what. You asked Dr. Menards if she agreed that her differences with RFK Jr.

44:41meant she wasn't the right person for the job. And here's what she told you.

44:46So I will stand behind scientific integrity with every decision I ever make. If I am put in a position of having to say I will cede scientific integrity to retain my job, then I am not the right person for the position. So what she said earlier that we ran the clip was that her mind was open to what Kennedy was talking about, but she just wanted to see the science before making any decisions. Don't you want that in a CDC director, somebody whose mind is open but also wants to make decisions based on science? Of course. And we wish that's what she was doing. But I think that she's continuing to contribute to the vaccine hesitancy out there.

45:25You think she is? I do. I absolutely think the CDC is the problem here. They're the one that created the vaccine hesitancy starting with the COVID vaccines by lying to us about them. And then continuing the myth, whether it was monkeypox or the manipulating data on COVID vaccines and cardiomyitis, those types of things. I think that her insistence that every child needs all 76 jabs, that every child at one day of age needs a hepatitis vaccine continues to create a vaccine hesitancy. Of course, we want to follow the science, but they have no idea what the hepatitis vaccine is doing to the immune system of a one-day old.

46:03Well, RFK Jr. has been lying about vaccines for 20 years and saying things demonstrably untrue, so I would argue that he certainly has contributed as well. But let's talk about what you just brought up, the hepatitis B vaccine, because you've questioned if every child needs every vaccine, including that. I want to play what Republican Senator and chair of the committee and also fellow physician Bill Castody said specifically about the hepatitis B vaccine. Now, fewer than 20 babies per year get hepatitis B from their mother. That is an accomplishment to make America healthy again. His argument was that before the vaccine, before hepatitis B vaccine, it was a real problem.

46:48And then once the vaccine was introduced, the deaths from hepatitis and infection from hepatitis went down 20 percent. He's more of an expert on hepatitis B than than anybody in this room that I know of, including you, even though you're a doctor. What's your reaction? Well, I think I'm more of an expert on on during the pregnancy. Sure. So we test every pregnant woman for hepatitis antigens. And then I get to know this patient. As long as they have a negative hepatitis screen, they're not doing IV drugs, they're not living with someone that has hepatitis, the chances of that baby having hepatitis are zero unless you're going to go put that baby in a sandbox where there's used IV needles.

47:29There are people that need the hepatitis vaccine. I'm just saying not a one-day-old and not every baby does. If we don't know the hepatitis status of the mom, if it's a patient that hasn't got prenatal care, it's a person that's doing drugs, of course that baby needs the hepatitis vaccine. I have to have faith that a mom and a dad and a doctor can discuss every vaccine, the pros and cons and the risks and benefits of it. I just think that one day is way too early and probably don't need that unless you're going into nursing or you're going into medical school. There needs to be a reason for it, that the benefits don't necessarily outweigh the risk.

48:03I don't doubt that you as an obstetrician in Kansas knew very well what was going on with your patients. I don't doubt that for one second. But as a general matter, not every person who is an IV drug user is honest with their physician about it. And this is proven to have saved lives. I mean, why would you go against what the American Academy of Pediatrics says? Why would you go against what the AMA says? Look, you know, we're doing random drug tests on mom. I'm getting to know these patients. Trust me. If they were doing IV drugs, I would know it by the end of their pregnancy. I'm saying I don't question your practice.

48:36I'm saying, but like, this is a country of 350 million people. Not everybody knows what's going on with every patient. And that's my point. So if they're at risk, then give them the hepatitis vaccine. But they don't know that they're at risk. Of course you do. Absolutely. I know who is at risk. I said you do. I'm saying not every physician knows about every patient. If you have someone you don't know, of course, that's the person that needs the hepatitis vaccine. But at some point in time, we have to practice medicine. The CDC doesn't practice medicine. and they make recommendations. But what we've gotten to is like the CDC is a gospel.

49:05And when you try to trust me, if you try to sit down with young parents today and tell them this is why your child needs this hepatitis vaccine, it doesn't make sense to them. And then it creates vaccine hesitancy. Look, I believe in the polio vaccine, MMR, the DTaP. Those have told the test of time, the benefits clearly outweigh the risk, but no one can really show me that the benefits of the hepatitis vaccine outweigh the risk to give to every single child. Well, I think Dr. Cassidy, your fellow senator, would disagree with you very strongly, and he could probably show you. But that's all the time we have.

49:40Senator Marshall, it's great to have you here. My pleasure. Good to see you. We're going to turn to another major story in our World League. We're moments ago at Windsor Castle. President Trump and First Lady Melania Trump dined at a state dinner hosted by the royal family. This followed a day of ceremonial events, including a carriage ride, a flyover by the Red Arrows, that's the Royal Air Force aerobatic team, and laying a wreath at Queen Elizabeth's crypt. CNN's Caitlin Collins is live for us in London. Caitlin, tell us more. Yeah, Jake, obviously a day full of pageantry for the president. No surprise there.

50:11But I should note that when it came to that inspection of the Guard of Honor earlier, one of the largest military ceremonies that has ever been had, that has ever happened at a state visit for a visiting head of state here in the UK. And all that is meant to impress President Trump and certainly you saw it ending with that lavish state dinner that happened tonight. Jake, we actually got a preview of that state dinner before the banquet got underway here tonight. There was about 160 guests who were in the room and as we were walking around looking at all the name cards, seeing who was seated next to whom with the president next to the king and next to Princess Kate of course and then across from him First Lady Melania Trump next to the Queen and Prince William.

50:52One name that stood out to all the reporters in that room was Rupert Murdoch, because obviously he's no stranger to state dinners, but to have him in the same room, at the same table with President Trump as he is engaged in that major legal battle with him over the Wall Street Journal's reporting on Jeffrey Epstein and that birthday book was quite notable. I mean, Trump is suing him and wants$20 billion in damages and also Rupert Murdoch's testimony, which so far his legal team has resisted. And so just some interesting dynamics here at play, Jake, as all this is going on. Obviously, the British Prime Minister is also at this dinner, and he and President Trump will have their day tomorrow for all the business meetings, the agenda side of this, before holding a press conference to close out this visit here in the UK.

51:37And while the Trumps are getting the royal treatment at Windsor Castle, a pretty large crowd turned out in London to protest President Trump's visit. Yeah, no surprise there, Jake. I his last state visit which was happening at Buckingham Palace when the the Queen was still alive. I should note though it's not really clear how much of the protest the president has seen. We are sitting here at Windsor just outside of London to the west of London. There were some protests behind us earlier. They were loud at times but you know inside the walls of Windsor it's not clear that they could actually hear them.

52:10And I should note you know you saw those protests in London. The president the first lady actually choppered here earlier today so it's not even clear that they really got to see those protests then. So yes, the protests have been all out in full force. Whether or not they've registered with President Trump is not totally clear, Jake. All right, Caitlin Collins, thanks so much. And Caitlin's gonna have much more from London on her show, The Source with Caitlin Collins, live from foggy London town this evening. That's tonight at 9 Eastern, only on CNN. A Democratic senator is gonna join me next why she says many Americans might see sticker shock on their health care premiums if her party does not hold the line.

52:47We'll let her explain what she's talking about coming up.

52:53And we're back with live images from York, Pennsylvania, where authorities, including Governor Josh Shapiro, are due to give an update on a police-involved shooting in which multiple police officers were injured, according to a source. We're going to bring you that news conference as soon as it begins. But until then, in our health lead, Obamacare remains the key to dodging a government shutdown this month. And Democrats in Congress say they are going to hold the line and refuse to vote to fund the government unless Republicans extend Affordable Care Act or Obamacare subsidies that lower monthly premiums for millions of Americans and are set to expire at the end of this year.

53:27Joining us now to discuss, Democratic Senator Gene Shaheen of New Hampshire. Senator, thanks for joining us. So Leader Schumer endured a lot of blowback from the party last time there was a government shutdown on the table because he voted to keep the government open when Republicans needed Democratic votes. Is it different now? Democrats are definitely going to risk a shutdown if these Obamacare subsidies are not part of the package to keep the government open? Look, I think it's in everyone's interest, Republicans, Democrats, independents, the country's interest to keep the government open. But it's also in everyone's interest to ensure that those people who need health care can get the health care when they need it at a cost they can afford.

54:14And that's what we're talking about when we're talking about extending this program of what we call enhanced premium tax credits that's been in place since COVID to help families be able to afford the cost of health care, to be able to be part of the marketplace under the Affordable Care Act. And these credits are set to expire at the end of the year. We had a chance in the president's big, beautiful, what I call betrayal, where we kicked millions of people off Medicaid because of that bill. And we also said we weren't going to extend these subsidies to help families afford health insurance. And so we just had a report come out from the Congressional Budget Office saying that there is urgency to do this because if we do it now, we're going to keep a million and a half more people from losing their health insurance.

55:09If we wait until December, not only is it going to be the four million that we're projecting now plus the million and a half, it's going to cost the government another$10 billion. And for the average family who's in the marketplace for the Affordable Care Act, they're going to see their premiums go up over 75 percent. So a lot of people are going to lose. They're going to get off because they can't afford it. So about this effort from Senate Democrats, the Senate Majority Leader Republican John Thune told our colleague Ted Barrett earlier today, quote, we're trying to get this place back to normal.

55:43And these guys are trying to take a hostage here to do a whole bunch of stuff that can't be done on a short-term funding resolution, unquote. Both Senator Thune, the Republican leader of the Senate, and House Speaker Johnson say there's time after the funding deadline to address these subsidies, which will still be before open enrollment in November. What's your response to that? Well, there are a lot of ways to get this done. We could, in fact, put it on a continuing resolution if there was agreement to do that. We could do it as a separate piece of legislation as part of addressing the premium tax credits.

56:19We could put it on the defense bill because that's moving. So there are a lot of ways to get this done. The question is, is there a willingness and a commitment to get it done? And I think what many of my Republican colleagues are beginning to hear from is their constituents who are getting those rate increases projected from their insurance companies. And, you know, we've already had two of the president's pollsters say, this is a real problem for the Republicans if they don't fix this. Do you worry at all about the politics when it comes to Senate Democrats being blamed for a government shutdown, especially if the subsidies extension also fails to pass?

56:57Well, as I said, there are a lot of ways to get this done. We're not negotiating this in public. We have a couple of weeks now between now and the end of this fiscal year to come up with an agreement. I would hope that saner heads will prevail. and that we will be willing to sit down and negotiate an extension because it is not in anyone's interest, as I said, either to have a government shutdown or to have millions of people lose their health insurance. That's not good for companies in this country who are trying to keep workers healthy and at work. It's not good for the long-term investments that we need to make in America.

57:39So we need to fix this. We need to work together to do that. Democratic Senator Gene Shaheen of the Granite State, the great state of New Hampshire. Thank you so much. Be sure to watch Senate Minority Leader Chuck Schumer on Aaron Burnett out front right after this program coming up right in the next hour right here on CNN. We are standing by to hear from authorities in central Pennsylvania after a shooting involving police, a source telling us that multiple officers were injured. We are expecting the governor, Josh Shapiro, to also make remarks. We're going to bring you that when it begins. We're going to take a quick break.

58:11We'll be right back.

58:15We're bringing you a live look from York County, Pennsylvania. Authorities, including Governor Shapiro, are about to talk about this shooting involving police officers. Let's listen in. I'm going to address you this evening concerning a critical incident that has rocked the community here in York County this afternoon. The incident occurred in Kuduris Township, York County. I'd like to preemptively say that there are many details which at this point we are not prepared to release given the ongoing nature of the investigation. That having been said, we would like to advise the community that there is no current active threat.

58:53The situation today involved law enforcement officers who were shot. I can confirm that the shooter is dead. I can confirm that there were five law enforcement officers who were shot today. Three fatally, two that were transported here to WellSpan in York. They are currently listed in critical but stable condition. The district attorney of York County, who is no stranger to this community, or in collaborating with the Pennsylvania State Police, Tim Barker, I've spoken to him. the Pennsylvania State Police has been asked to convene a major case team to conduct the lead in this investigation with the assistance and in collaboration and in partnership with the York County District Attorney.

59:42I can assure you that all of the resources of the Pennsylvania State Police are being brought to bear. There is still very much an active scene at Caduras Township, York County. Later this evening, the district attorney will have more information to release. I can tell you that the Pennsylvania State Police have taken over calls for service for the Northern York Regional Police Department, and we will continue to do so to support our partners. I can tell you that I've spoken to the special agent in charge of the FBI out of Philadelphia, our municipal partners and county partners here in York County, and we've received multiple offers of assistance from our fellow state partners to include New Jersey and York.

1:00:29But we have a very large investigative scene. In being here today with our law enforcement family for the second time in 2025, I'd just like to say on a very personal note, our hearts and prayers go out to them, to the families of the deceased and the families of those officers who were wounded. There are simply no words that I can offer to assuage the grief that this community has experienced and unfortunately will continue to experience. The grief will be unbearable, but we will bear it. So we stand here today united for our partners all across the law enforcement spectrum, and we will not rest until we've conducted a full, fair, competent, and thorough investigation into this matter.

1:01:18Lastly, I would simply ask to the community here in York County and beyond, all across Pennsylvania and all across our nation, if you could keep the families that were touched by this tragedy today in your thoughts and prayers, please give them a solemn thought. And to the women and men who are working diligently right now to push this incident forward and the investigation forward and the aftermath that will have to be dealt with and persevered through. Our hearts and prayers are with them. Thank you very much. I'll now turn it over to Governor Shapiro.

1:02:01This is an absolutely tragic and devastating day for York County and for the entire Commonwealth of Pennsylvania. Grieve for the loss of life, the three precious souls who served this county, served this Commonwealth and served this country. We continue to pray for the full recovery of those who are dealing with their wounds. This, of course, is on the heels of just a few months ago when we lost another York County son, Officer Duarte, who again gave his life in the line of service. I had the opportunity with the lieutenant governor and with Senator Phillips Hill, Representative Grove, and your three county commissioners to spend some time with the families of those who have been impacted by this violence today.

1:03:02I think it's important for you to know that these families who are dealing with their grieving right now and their suffering right now took time to tell us how proud they were, how proud they are, pardon me, how proud they are of their loved ones who put on a uniform to keep us safe. It's an extraordinary thing that these law enforcement families do. They support the individual who puts on the uniform and runs toward danger. They're there for them when they leave in the morning, and they pray throughout the day that they will come home at night. So I hope as this community comes together, as I know it knows how to do, and prays that we think not just about those who wear the uniform, but those who stand behind and next to those who wear the uniform every day.

1:03:59These families are extraordinary, and I hope you'll join me in prayer for them. I had some time to spend with the law enforcement who are gathered here today, who ran here because they knew that their brothers in uniform were in danger or their lives were cut short. I'll just share with you what I told them. the entire Commonwealth of Pennsylvania respects them and we have their backs and we so appreciate the work that they do every single day when they go out to keep us safe when they go out to protect our freedoms and our rights this is something that sadly we only tend to share in times of tragedy I think it is important that this Commonwealth knows that every day we appreciate those who put on the uniform and those who keep us safe.

1:04:55There are others here at WellSpan who wear different kind of uniforms. And I want to say thank you to the doctors, to the nurses, to the staff here at this extraordinarily wonderful healthcare institution that sadly has seen too much trauma. But thanks to their extraordinary talents and their dedication to their neighbors, they're able to help people get back up on their feet. That's what you did today for these two brave souls who put on a uniform to keep us safe. We appreciate those of you who don the white coat and the scrubs, those of you who support the work that they do. You truly are wonderful people, and we appreciate you very, very much.

1:05:41I want to let you know that Attorney General Pam Bondi reached out directly to me and shared with me that we have the full support of the federal government. I know, as Colonel Parris indicated before, he has spoken to the lead of the FBI here in this region. We so appreciate law enforcement at every level, and we, of course, appreciate our federal partners. General and I worked together when I was attorney general here in Pennsylvania. She was attorney general in Florida. It meant a lot to me that she reached out to offer her support and her prayers for good people of Pennsylvania. Here's the last thing I want to say, and I'll turn it over to Lieutenant Governor.

1:06:24This kind of violence isn't okay. We need to do better as a society. We need to help the people who think that picking up a gun, picking up a weapon is the answer to resolving disputes. we need to do better when it comes to mental health we need to do better when it comes to looking out for those who are in need so we don't have to deal with tragedies like this we got to do better as a society i know everybody up here believes that and everybody up here works hard to do that every day i just think as a community it's time for us to work hard to heal from this and to make sure that those whose lives were lost today that something constructive can come from that in their memory that stops this kind of violence in the future, that protects those people that put on those uniforms for us, that makes it so these trauma surgeons don't have to patch this many people up.

1:07:28We've got to do better as a society. I know we're all committed to doing that work. We've got to do even more. Now's the time for this community to come together and to do this important work. And so on behalf of a grateful Commonwealth, I say to those who wear the uniform of law enforcement, thank you. To those who wear the uniform of health care, thank you. To the elected leaders up here, thank you for the work that you have done and know you will do to keep our community safe. And to Colonel Paris and the entire team at the Pennsylvania State Police, I know you will have every resource you need to make sure that this investigation is conducted fully and thoroughly and that whatever steps need to be taken will.

1:08:11May God bless York County and the entire Commonwealth of Pennsylvania. May God bless and watch over those families that are suffering right now. Lori and I join you in prayer, and I think prayer is a particularly important thing at this moment here in York County and all across Pennsylvania.

1:08:31Thank you, Governor. I share your thoughts and prayers for the officers that were lost today, the officers who were injured, and every law enforcement person across this great Commonwealth. We are unfortunately here again in York County because of gun violence, the issue that brought me to public service. I want everyone to know today is not just a devastating day for this community and this region. It's a devastating day for our entire Commonwealth. My wife Blair and our entire family join in the prayers of, I believe, 13 million Pennsylvanians who are praying for the officers and their families today.

1:09:12You know, we ask a lot of police officers in our communities, and they always run towards danger. I think we all have a responsibility to continuously do our part to make our community safer. I know I'm going to continue to do my part, and we are consistently grateful for the commitment and the sacrifice that our law enforcement officers make. We're grateful for the health care professionals who run towards danger to aid folks in their time of need, and we're so grateful for the work that they've done today. It's my pleasure to introduce Dr. Carney from WellSpan Health, who will provide an update from the medical perspective.

1:10:00So we received two gunshot wound victims from the scene. We immediately took them to the OR. They are both in critical but stable condition currently. Trauma centers are a resource for the community. We're here when you need us, and we enjoy the support of both the local government, state government, and our administration. Thank you.

1:10:30So at this point, I would open it up to a few brief questions, however, prefacing that with the fact that the information we can provide is extremely limited. Sir. Did you say this was the officers involved are from northern New York? I did not say, and that was intentionally done so. Obviously, we know who they are and who they work for. Our concern is that there are some investigative steps that we're taking right now. and at the request of the district attorney, we're withholding that information. Do you know what the district attorney class really is? I've spoken to district attorney Barker.

1:11:02I know there are a lot of things going on right now, but at some point I know he will brief the media. Sir? The circumstances surrounding why these officers were there, was that they were serving a warrant of some sort of PFA? So they were there to follow up on an investigation that began yesterday. The general heading of that investigation, I would say, would be domestic-related. But beyond that, the facts and circumstances, we have more information, but pending the search warrants that we're currently typing up and serving, we want to hold that information any more specificity. Did you see which department they were with?

1:11:38No, I did not. So we're going to at this point say that the five law enforcement officers in York County, and we're going to leave it there. And I'm going to defer to the district attorney, Tim Barker. I just want to be clear. So there were five law enforcement shots, three of them killed, two in critical care of this hospital, but then the shooter was also killed. Correct. Those numbers are correct, sir. Are there any other suspects involved? At this point, we believe that the community is safe, but we're leaving no stone unturned and we're going to run every lead down. I don't have that for you.

1:12:08Do you know what's called in? I'm not prepared to release that. Like I said, I'll defer to the district attorney. Sir? Have we heard anything as far as weapons or what exactly happened when they arrived? No. I mean, we have, but not that I can confirm with any specificity that I would be concerned we would have to backtrack on later. So very much processing a large scene. I will confirm that it is a large scene. Members of the PSP Forensic Services Unit are down there mapping it right now. It's still very much an active scene. It is secure, and we believe, just to reiterate, there's no threat to the community.

1:12:40We have a couple more questions here. Was he shot by police or did he shoot? He was shot by police. Can you confirm the address or the block number? No, not at this time. Governor, can I get your thoughts on earlier today you were in Chester trumpeting the fact that violent crime had actually been reduced there? How do you sum up your day after that and then here you are now? Well, look, this isn't about me or my emotions. I think this is just about a grieving community. And I wanted to be here with this community. I want law enforcement to know how much we care about them and respect them. I want this hospital team to know how much they matter in this community.

1:13:19And most importantly, I want these families to know that we're all grieving with them and praying for them and that they're not alone. Thank you all very much. Thank you, guys. Thank you.

1:14:00And Corotus Township is on the southern part of that. Three of the five officers were killed. Two of the officers are in critical but stable condition at the hospital in New York County. And the shooter is also dead. John Miller, your reaction to this tragic news? Well, when you consider that this is the second officer killed in a, I mean, the second incident in which officers were killed in York County, and, you know, Jake, you know better than I do, you know, York County is a place where things like this are not supposed to happen. And certainly not more than once, but if you then magnify this to say three officers killed, two others in critical but stable condition, this is going to tear at the heart of a quiet community that is marked by farmland and neighbors who know each other.

1:14:57details of what was going on behind this are going to emerge slowly but we've been working on records associated with the name of the individual who was killed in the shootout with police there was a charge of stalking and criminal trespass that was filed today September 17th 2025 in York County so as the facts come together it appears that the arrest team was on their way to pick him up at the house. It appears, and again this is very fluid and you know this information will morph and change over time, but it appears he may have been the only person in the house and this is a farm community on both sides of the street, but it's a long road where you can look in any direction and see anything coming from a mile away.

1:15:50It also appears from what we are told by sources about how quickly the shooting began with the arrival of law enforcement, that he was laying in wait and that this may be characterized as an ambush in that he opened fire contemporaneously with their getting there, as far as we're told. Yeah, this terrific news. And Chief Ramsey, you led the police departments here in Washington, D.C. and also in Philadelphia, not far from York County. You heard Governor Josh Shapiro there talking about the families of law enforcement officers and what they go through knowing that their loved ones every day go off to work with the very real risk that something could happen, that they are the first line of defense.

1:16:42Yeah, first of all, my condolences to the families of the officers who were killed and critically wounded today. You know, it brings me back, unfortunately, whenever I hear these things. I've dealt with a lot of line of duty deaths in Philadelphia. For an example, during the eight years I served, I lost eight officers in the line of duty. Five were shot to death. Two died responding to priority one calls. One struck by a drunk driver driving the wrong way on I-95. it's absolutely horrible and to see what the families go through at the hospital as they're learning for the first time that their loved one has been killed it's just unimaginable and that entire community and certainly that entire department and it may be more than one department he didn't really give us the names of the departments and in a region like that, you can have many agencies in the area, you know, respond together.

1:17:47So we'll find that out a little later on. But it is absolutely horrible. And, you know, I talked to the families of the officers that I lost. Every time they hear this, it brings them back to that day. And so it's a tragedy that goes beyond just today. And I think that people just need to stop and think about the kind of sacrifice that police officers make every day. You know, when you're out there and you're working the street, you're not thinking about the danger or the possibility of not coming home. You just don't think about that. You don't focus on that sort of thing. But it is a reality.

1:18:27And things like this remind you of that. And there's nothing I can say other in the fact that I just, I pray for them and they'll find a way to get through this, but it'll never be the same, believe me. Former Police Commissioner Charles Ramsey and John Miller, thanks to both of you. Again, the breaking news police in Pennsylvania, confirming five law enforcement officers have been shot. Three of those officers were killed. The two others are in a hospital. They are in critical but stable condition. The shooter is dead as well. Our condolences to the family. We are going to bring you more information about the shootings when we get it.

1:19:08We're also covering right now some major breaking news involving the FCC and the ABC Network and comedian and late night host Jimmy Kimmel, who has been suspended indefinitely. We're back with that news next.

1:19:31We have breaking news in our pop culture lead. Disney and the ABC network are taking Jimmy Kimmel Live off the air indefinitely. This follows a controversy over comments the late night comedian made Monday night about Charlie Kirk's suspected killer and the MAGA movement and their reaction to the assassination. Let's get straight to CNN's chief media affairs correspondent Brian Stelter. Brian, what is going on? That's right. This is fast developing this afternoon, Jake, amid pressure from the Trump-aligned FCC. And in the past few minutes, ABC confirmed to CNN that Kimmel's show will be off the air, quote, indefinitely.

1:20:12We have not yet heard from Kimmel or his representatives. That's how quickly this has been developing. But let's back up and look at what Kimmel actually said on the program that has caused controversy. This is from Monday night in his Monday evening monologue. Kimmel suggested that the alleged killer of Charlie Kirk might have been a pro-Trump Republican. He said, quote, the MAGA gang desperately trying to characterize this kid who murdered Charlie Kirk as anything other than one of them and doing everything they can to score political points from it. He said in between the finger pointing, there was grieving.

1:20:46Kimmel was expressing what we've heard some other liberals say in recent days, that the motives are unclear and that maybe the suspect in this case was a Republican or was some sort of far right fringe figure. Of course, there has been a lot of discussion about that in recent days. There's a lot of evidence pointing in other directions about the suspect. But Kimmel was on the air talking about this, making a very serious commentary amid his jokes in his monologue Monday night. Here's where it became interesting earlier today. The FCC chairman, Brendan Carr, went on a far-right webcast and condemned Kimmel and urged ABC to suspend him.

1:21:20He also talked about possible regulatory punishments of Disney because there are lots of different stations that have licenses with the FCC. Within the past hour, we've heard from a big owner of stations that have affiliations with ABC, a company called Nexstar, saying that they were going to suspend Kimmel's show on their station. So in other words, about two dozen stations were refusing to air Kimmel's show tonight as a result of this controversy. And then following word that some of those stations were basically revolting against Kimmel, Disney, the parent company of ABC, decided to yank the show entirely.

1:21:55So that's all we know at the moment. We know that Kimmel will not be on the air tonight or for the foreseeable future because the network says the show has been yanked off the air indefinitely. Brian, just to take one issue. your interpretation of what Kimmel said I think is the one that Brendan Carr had and the one that the individuals at Nextar have but what he said specifically was quote, the MAGA gang is desperately trying to characterize this kid who murdered Charlie Kirk as anything other than one of them and doing everything they can to score political points from it that can be read in several ways that could be heard in several ways, it could also be argued, he's saying that what the MAGA gang is doing is just trying to make sure that they don't have any ownership of it, not necessarily that this killer, this horrible person, was part of them.

1:22:45I think you're making a very important point. You're making a very important point. And let's take it a little bit step further. This was all on Monday night. Nobody seemed to notice this yesterday, Jake. This all erupted in the past few hours when the Trump-aligned FCC chairman decided to point at it. Now, I've heard from him in the past few minutes, Brendan Carr, thanking Nextar for doing the right thing by yanking the show. He has not yet commented on ABC yanking the show altogether across the entire country. But let's remember that when Stephen Colbert's show was canceled over the summer, what did President Trump say?

1:23:13He said, next up will be an even less talented Jimmy Kimmel. It is clear that pro-Trump allies have been trying to target ABC over Kimmel for several weeks now, and tonight they've prevailed. Yeah, Brian Stelter, thanks so much for that breaking news. Let's go right to the panel. And let me first start by showing I wondered what was going on earlier today when I saw this pop up on Twitter. This is the FCC chairman, Brendan Carr, on a far right podcast talking about what Kimmel's comments were. Let's let's roll that tape. You know, when you look at the conduct that has taken place by Jimmy Kimmel, it appears to be some of the sickest conduct possible.

1:24:00Obviously, there's calls for Kimmel be fired. I think, you know, you could certainly see a path forward for suspension over this. And again, you know, the FCC is going to have remedies that we could look at. Joe, are you comfortable with the FCC playing this role? I don't think this is a legal issue. I don't think this can be pointed to the FCC or the Trump administration and say, well, this is about them going after Kimmel because of what he said. Personally, I think it's more of a cultural issue. And I got to tell you, look, I'm about as moderate or Republican as you're going to get. I'm from New York.

1:24:36I have not been comfortable watching late night television 15 years. because when you have conservative leanings and you're constantly mocked and you're constantly feel like you're doing something wrong, you shut it off. You don't watch it anymore. And then what happens is it's circular. If the host doesn't have that audience, the host doesn't worry about keeping an audience like that. It goes in circles. And at some point, you get things like this where you say things, and that wasn't the full quote. The further quote was that he mocked President Trump for flying the flags at half-staff in remembrance of Charlie Kirk and said it's like grieving of a four-year-old as a four-year-old grieves for a goldfish.

1:25:11That was the full quote. Well, the full quote was, I think he ran the clip of a reporter asking President Trump how he was doing with the death of Charlie Kirk. And President Trump said, I think I'm doing okay. And then he proceeded to talk about the ballroom that was being built on the White House grounds. I think that was the full context. Again, I didn't say any of this. I'm just trying to present an accurate picture of what did happen. Ellie, this is the FCC commissioner. I don't think we have seen an FCC commissioner this aggressive in our lifetimes. What do you think of it all? So to the point of whether there's a legal element here, I think Joe's right.

1:25:55The First Amendment says Congress shall make no law, which means you can only enforce the First Amendment against the government. So can Jimmy Kimmel sue? No, he can't sue ABC for making a decision to remove him. That's a private entity. But what Donald Trump is doing repeatedly is he's expanding his executive power in two ways. One, I would say, is precedented. That's the traditional stuff. I have more authority to hire and fire executive branch officials. I don't have to respond to Congress, that kind of thing. He's fighting that out in the court. We've seen that before. What's unprecedented, however, is the way Donald Trump is using official power from the FCC on to go after universities, law firms, and media companies that he disagrees with on policy or on politics.

1:26:38That is new. We've not seen that from any president before. This is actually cancel culture. I mean, that's what this is. The chairman of the Fed, Federal Communications Commissioner, Brent Carr, added on Benny Johnson's podcast at the broadcasters, including ABC, have a license granted by us at the FCC, and that comes with it an obligation to operate in the public interest. Elsewhere in the interview, Carr attacked Kimmel as talentless and suggested the late-night comedian's comments displayed some sort of, quote, desperate irrelevance. Is that what we want the FCC chairman to be doing? It's a very slippery slope, and there's a pattern.

1:27:10We keep talking about it like it's not happening, and it just keeps happening over and over and over again with folks he disagrees with. I'm a Democrat. I'll say what happened to Charlie Kirk is disgusting. We should have a court. If he did it, he should be prosecuted to every extent of the law. We shouldn't have to say that. That's just common sense. But we also should say the First Amendment matters to everybody, whether they agree or they disagree. And I just think that what we're going through right now is unprecedented. It's unseemly. And I think that that it's really getting out of head because it's just happening more and more and more with folks who disagree.

1:27:41We should let we do have the clip that Jimmy Kimmel said Monday night. Let's obviously this is not the entire eight or nine minute monologue. This is just one clip of it. But this is what he said. We hit some new lows over the weekend with the MAGA gang desperately trying to characterize this kid who murdered Charlie Kirk as anything other than one of them and doing everything they can to score political points from it. Now, the way that Fox covered what he just said there was Kimmel suggests Kirk Assassin was one of the MAGA gang, despite reports of leftist leanings. I don't know that I think that that is an accurate description, but they have the First Amendment to write what they want to write.

1:28:25Yeah. The job of the FCC is not to regulate and police content. It's not, do we like this? Does this make us comfortable or uncomfortable? I don't like anything about what Jimmy Kimmel said, frankly. I agree with Joe. I find his comments reprehensible. But it's not the FCC's job to say, do we like this or do we not? And the FCC, of course, is a government actor. And I'm thinking sort of off the top of my head here, but if ABC wanted to fight this, clearly they don't because they've made the decision to dispatch or suspend Jimmy Kimmel. If they wanted to fight this, they might have a basis to go into court the same way that law firms have gone into court.

1:28:58And Harvard, among other universities, have gone into court and said, this is an overextension of government power, of executive power. This violates the First Amendment. And again, they can bring that because the FCC is a government actor. But Jimmy Kimmel cannot do anything against ABC because they're private. One other thing that the FCC commissioner, Brennan Carr, did in that interview with Benny Johnson, who, by the way, has said plenty of things that a lot of people find objectionable, is he suggested actually the exact course of action that happened. He said what could happen is local affiliates could complain to ABC about the content, and then those local affiliates could say they're going to refuse to air Jimmy Kimmel Live.

1:29:40And that's actually what happened. Next Star, which owns a bunch of ABC affiliates, they were the first ones to say in a statement and a variety broke this news. We're not going to we're going to preempt the show. Is there any coming back from this, do you think? Well, I don't think ABC is canceling him because they're afraid of the FCC. I think they're afraid that they're going to lose whatever audience he has left because that's such an offensive thing he said. As far as look, there's so much media alternatives at this point. So I think the FCC's, the range of authority they have is less and less because there are so many other outlets to reach out to.

1:30:11So if Kimmel wants to reappear somewhere else, he will. I think the point is, though, that, again, when you alienate a part of the population who at some point just stops watching, then you have no incentive to keep whatever left of that audience is there is. And then, you know, it just kind of goes down the drain. Let me ask you a question, Joe. Do you think that we are holding late night comedians to a standard for speech and decency that we do not hold our elected leaders, including the president of the United States, to? I guess who's we? I mean, are you talking about audience watchers or citizens?

1:30:38The American people, the government of the United States as of now. Are we demanding that our late-night comedians behave in a more upright and more conciliatory and sensitive way than we demand that our president act? Well, I think it's not so much demanding. It's if you don't like what Kimmel's saying, you turn it off. If you don't like what Trump is doing, you don't vote for him. So I think that's the power you have. And so I don't know that there's any kind of... Yeah, but we're not turning off Jimmy Kimmel. There's being pressure applied to have him canceled. That's ABC's choice, though. They don't have to cancel him.

1:31:12But they feel the heat. That's when they do it. Everybody who gets in the line of fire of this administration feels the heat, and they're like, whoa, whoa, whoa, whoa. We don't want any heat here. This is the big boys, and they all back down. Yeah, I'm actually surprised. Look, we've seen law firms back down. Many law firms settled. I was surprised. I was disappointed by that. We've seen many colleges, including Columbia, settle, right? And it's, I think, noteworthy and alarming to note how many free actors in the private sector have decided to give in to settle rather than to stand up and fight.

1:31:42There are some counterexamples. There are law firms that have fought. Harvard and other universities have fought. But that's a decision that every private entity has to make for itself based on the bottom line. There's also a plethora of district court judges all across the country that are more than happy, though, to fight again, to push back against Trump administration. I don't know. They've lost most of those lawsuits, though, the Trump administration. Deservedly. All right. Thanks. one and all. Appreciate it. You can follow me on Facebook, Instagram, ThreadsX, and on the TikTok at Jake Tapper.

1:32:05You can follow the show on X at The Lead CNN. If you ever miss an episode of The Lead, you can listen to the show once you get your podcast. Look for much more on the breaking news front. It just never stops breaking. Aaron Burnett Out Front starts now.

1:32:22Go inside the sports moments that brought us together and made history. From the underdogs to the rivalries and the miracles. The new CNN original series, Decades in Sports. Watch back-to-back premieres August 2nd on CNN and next day on the CNN app.

From the publisher

Rupert Murdoch joins President Trump for his final night in London at a state banquet. Murdoch is facing a $20 billion lawsuit from that same President Trump over an article about Trump and the Epstein scandal. Plus, the Federal Reserve cuts interest rates for the first time in months. 
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