Lawyer: Fed Governor To Sue Over Trump’s Attempted Firing

27 Aug 2025 · 1 h 24 min · 30 chapters

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In short

The episode centers on President Trump’s attempt to fire Federal Reserve Governor Lisa Cook, a Biden-appointed, Senate-confirmed Fed governor, amid mortgage-fraud allegations. Cook’s attorney says a lawsuit will challenge the removal, setting up an unprecedented legal fight over whether “cause” exists. The episode also covers related Trump-vs-courts and immigration litigation, plus separate news segments (fake college active-shooter calls, a dust storm/haboob in Phoenix, and a new GLP-1 weight-loss pill).

Guest backgrounds

Paul Krugman is a Nobel Prize-winning economist. Steve Moore is a former Trump economic advisor. (Other interviewees are mentioned in the transcript but not as guests for this specific “Lean” segment: CNN legal analysts and correspondents appear in other parts.)

Key claims

Trump’s move is framed as political intimidation and an escalation against central bank independence; critics argue there’s no evidence Cook committed wrongdoing and that firing would be “banana republic” behavior. Supporters argue mortgage fraud allegations could qualify as “cause,” and that Cook should clarify her situation.

Notable examples

Cook allegedly declared two homes (Michigan and Georgia) as primary residences in 2021; she denies wrongdoing and has not been charged. The episode compares this to Trump firing officials over disliked data (BLS jobs report) and intelligence disputes. It also notes markets reacting with the dollar weakening after the announcement.

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

Chapters

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Trump's Attempted Firing of Fed Governor

1:05 to 1:54

Discussion on Trump's efforts to fire Fed Governor Lisa Cook and its implications.

“President Trump being threatened with a lawsuit as he keeps up his feud with the Fed, pushing to fire a Federal Reserve Board governor, accusing her of mortgage fraud.”

Reactions to Trump's Announcement

1:54 to 3:20

Exploration of global reactions and economic implications following Trump's announcement.

“This would be the first instance of a president firing or attempting to fire a Fed governor in the history of the central bank.”

Legal and Political Context

3:20 to 5:15

Analysis of the legal authority of the president to fire Fed governors and the political context behind it.

“Once we have a majority, housing is going to swing and it's going to be great.”

Accusations Against Lisa Cook

5:15 to 7:35

Details on the mortgage fraud allegations against Lisa Cook and their relevance.

“I have the right to do anything I want to do.”

Economic Perspectives from Paul Krugman

7:35 to 9:08

Nobel Prize winner Paul Krugman discusses the implications of Trump's actions on Fed independence.

“Still, Team Trump has flung mortgage fraud accusations at New York Democratic Attorney General Letitia James, who convicted Trump for falsifying business records, and Democratic Senator Adam Schiff from California.”

Steve Moore's Counterarguments

9:08 to 14:00

Former economic advisor Steve Moore responds to concerns about Trump's pressure on the Fed.

“Paul, this is the first instance of a president attempting to fire a Fed government in the history of the central bank.”

Understanding Fed Independence Amid Trump’s Influence

14:00 to 17:40

Explore the implications of Trump's influence over the Federal Reserve and the concerns about its independence.

“And she could, in other words, let's see some form of evidence that she didn't do this.”

Trump's Legal Battles: Court Rulings and Appeals

17:40 to 20:58

Discuss the recent court rulings against Trump's administration and the implications for his legal strategies.

“From Trump's feud with the Fed to his brand new beef with the courts, the ruling from a Trump appointed judge that has the Trump administration forcefully trying to push back.”

Kilmar Abrego Garcia: Deportation and Legal Challenges

20:58 to 23:50

Examine the legal challenges facing Kilmar Abrego Garcia and the government's efforts to deport him.

“One branch is alleged infringement on another's exclusive power does not license a constitutional free for all.”

Fake Active Shooter Threats on College Campuses

23:50 to 28:01

Investigate the rise of fake active shooter threats at colleges and the impact on campus safety.

“Ali Hone and Caitlin Politz, thanks so much.”
Show all 30 chapters

The Rise of Fake Active Shooter Threats

28:01 to 33:16

Discussing the alarming trend of fake active shooter threats and their impact.

“The difficult task for authorities investigating these crimes.”

Gold Star Families Reflect on Sacrifice

33:17 to 40:04

Gold Star families share their experiences and memories of their loved ones lost in combat.

“On this date four years ago amid the chaotic U.S.”

Gold Star Families Reflect on Sacrifice

40:05 to 40:47

Gold Star families share their experiences and memories of their loved ones lost in combat.

“The term unprecedented coming up yet again to describe actions by the president.”

Gold Star Families Reflect on Sacrifice

40:49 to 41:14

Gold Star families share their experiences and memories of their loved ones lost in combat.

“Join us for the next episode of D &V's Maritime Impact podcast.”

Harvard's Legal Battle with the White House

42:00 to 42:30

Learn about Harvard's ongoing legal challenges with the government.

“Harvard, the only school so far to take on the White House in court.”

Trump's Attempt to Remove Fed Governor Cook

42:30 to 43:45

Explore Trump's efforts to reshape the Federal Reserve amidst controversy.

“The lead tonight, President Trump defending his decision to try to fire Lisa Cook, a governor of the Federal Reserve, saying he soon expects to have a, quote, majority at the seven-member Fed.”

The Legal Implications of Trump's Actions

43:45 to 45:05

Understand the unprecedented legal challenges surrounding Trump's actions.

“And I want you to listen to what President Trump had to say today in a very lengthy cabinet meeting about this very move.”

Collins on Trump's Crime Strategy

45:05 to 46:21

Kaitlin Collins discusses Trump's controversial crime strategies.

“If somebody kills somebody in the Capitol, Washington, D.C., we're going to be seeking the death penalty.”

The Political Fallout of Trump's Actions

46:21 to 48:15

Analyze the political repercussions of Trump's attempt to fire Cook.

“Phil, walk us through the magnitude of this decision by President Trump to try to actually remove a sitting Fed governor, nominated by President Biden, voted on, confirmed by the Senate.”

Debate on Federal Control and Due Process

48:15 to 51:48

Join the discussion on due process and the implications of federal control.

“Let's talk about this with my panel right now.”

Crime Policy Discussions Among Democrats

51:48 to 55:24

Evaluate how Democrats are responding to Trump’s crime policy proposals.

“But what this really says, there's a different trend here, and that is Donald Trump doesn't actually know how to fix the economy unless he can control all the levers.”

Introduction to Epstein Documents

56:06 to 56:21

Discussion about the impending document turnover related to Jeffrey Epstein's estate.

“Coming up, the estate of Jeffrey Epstein is now on the clock.”

Interview with Jack Scarola on Epstein Victims

56:26 to 59:16

Attorney Jack Scarola discusses the implications of Epstein's documents and the interview with Alex Acosta.

“He's an attorney who has represented nearly 20 victims of Jeffrey Epstein and spent 18 years litigating cases against him.”

Critique of Ghislaine Maxwell's Interview

59:16 to 1:01:52

Scarola critiques the interview conducted with Ghislaine Maxwell and discusses its effectiveness.

“conducts the interview and the interrogation of Alex Acosta.”

Transition to Current Events in Israel

1:01:52 to 1:02:18

Discussion shifts to protests in Israel regarding hostage situations and ceasefire negotiations.

“Well, the Israel ambassador to the United States will join me next in studio.”

Analysis of Israel's Political Situation

1:02:18 to 1:10:02

In-depth analysis of Israel's current political climate, protests, and military actions in Gaza.

“The big question I hear again and again is what happens next and how quickly.”

Debate on Israel and Hamas Conflict

1:10:02 to 1:13:19

A discussion about the complexities and casualties in the ongoing Israel-Hamas conflict.

“This is not what you are trying to achieve, you argue, but it is happening anyway.”

Impact of Tariffs on Small Business

1:13:20 to 1:17:16

Jessica Peterson-White discusses how tariffs are affecting her independent bookstore.

“And we're back with our Business Leaders series where we hear from small business owners from coast to coast about the impact of President Trump's tariffs.”

Taylor Swift and Travis Kelsey Engagement

1:17:17 to 1:21:16

The hosts discuss the engagement news of Taylor Swift and Travis Kelsey, and its cultural impact.

“Coming up, it's the announcement out of our wildest dreams.”

Current Events and News Recap

1:21:16 to 1:23:53

A recap of various news topics, including Trump's demands from Harvard and sports updates.

“Our last leads start in our Law and Justice lead tomorrow.”
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Transcript

Automatic transcript. May contain errors.

0:00Insurance is entering a new era. Policyholders expect a fast and flexible experience from the insurers they trust. That's why modern insurers run on Adyen. From effortless premium collections to instant claims payouts, Adyen's single platform automates your entire policy lifecycle. A single platform to reduce churn and claims fraud, drive revenue, stay in control of how your money moves. Adyen, fintech built for your next move. I've just recorded the first episode of our new season talking about the state of play for the IMO's Net Zero framework in the wake of the just-concluded latest MEPC meeting.

0:40The big question I hear again and again is what happens next and how quickly? In this episode, I unpack what's moving, what's stalling and what that means for future decisions and timelines. Search for Maritime Impact on your favorite podcast platform. Stay tuned. A lot more happened today besides that big engagement. The lead starts right now. President Trump being threatened with a lawsuit as he keeps up his feud with the Fed, pushing to fire a Federal Reserve Board governor, accusing her of mortgage fraud. Is this political interference to get what he really wants, a Fed under his control? Plus, the frightening trend sweeping several colleges nationwide, hoax phone calls about non-existent shootings on campus.

1:30How investigators are trying to track down those responsible and yes everybody she said yes Taylor Swift and Travis Kelsey are now engaged. We'll bring you all the latest on what CNN is learning about that moment and that huge rock she's now sporting looks looks bigger than his Super Bowl rings.

1:52Welcome to The Lean. I'm Jake Tapper. Off the top today, President Trump's move to fire Federal Reserve Governor Lisa Cook, who has voted often to not lower interest rates, along with Fed Chairman Jerome Powell, whom Trump criticizes constantly for not lowering the rates. This would be the first instance of a president firing or attempting to fire a Fed governor in the history of the central bank. Cook is a Biden-appointed member of the board of the Federal Reserve. Senate confirmed she's facing allegations of mortgage fraud from President Trump and his top allies. As of now, Cook has not been charged with or convicted of any wrongdoing.

2:26Trump's announcement came after U.S. markets were closed last night. But even though Treasury Secretary Scott Besson said earlier today that Trump's move was aimed at restoring trust in the Fed, the reaction around the world to the announcement was an immediate vote of no confidence, with the U.S. dollar weakening against the pound and the euro and the Japanese yen. That is likely because, as economists say, the independence of a nation's central bank is essential for others, especially those around the world, to have confidence in that country's economy and its currency If the Trump administration can somehow navigate this uncharted and absolutely unprecedented legal water of firing Cook, Trump's ability to appoint her replacement would theoretically grant him sway over four of the seven Fed board governors, as he pointed out in his cabinet meeting today.

3:17We'll have a majority very shortly, so that'll be great. Once we have a majority, housing is going to swing and it's going to be great. Critics say this move is an escalation of Trump's attacks on the independence of the central bank. It's also another instance of a pattern we see coming to fruition in Trump's second term, where when he sees data he does not like or assessments or facts or decisions coming from experts in his government. For example, when a less than stellar jobs report dropped at the beginning of this month, Trump made something of a scene. He publicly fired the person who oversees those reports, the chief of the Bureau of Labor Statistics, Dr.

3:53Erica McIntarfer, a career civil surgeon who had been confirmed in the Senate with bipartisan support. Trump accused her of having manipulated the data for political purposes, claiming she gave a stellar jobs report right before the 2024 election and then revised it downward after the election. In fact, the exact opposite had happened. Still, she was fired. And just last week, sources say Trump didn't like the initial intelligence assessment of damage to Iranian nuclear sites from U.S. strikes in June, which contradicted Trump's immediate claim minutes after the strikes that the sites had been, quote, completely obliterated.

4:28Trump's Secretary of Defense, Pete Egzeth, fired the person who oversaw the U.S. Defense Intelligence Agency, Lieutenant General Jeffrey Cruz. And that, of course, brings us back to Fed's Governor Lisa Cook. The allegations against whom were raised by Trump's Federal Housing Finance Agency chief, Bill Pulte, who's also leveled charges against Trump, Nemesis, Senator Adam Schiff, a Democrat, and New York Attorney General Letitia James, a Democrat. Trump is trying to fire Cook by flexing power. It's not entirely clear he even has in this instance. Presidents can fire Federal Reserve governors for cause.

5:02That's the rule Trump is currently trying to invoke to dismiss Cook. But what does it mean when a president, this president, removes all the roadblocks, including all the people in charge of delivering facts and data and analyses that he disagrees with. Well, this is what the president had to say just a few hours ago when asked about whether or not he was allowed to send the military into the streets of Chicago against the wishes of the mayor of Chicago and the governor of Illinois. I have the right to do anything I want to do. I'm the president of the United States. Fed Governor Lisa Cook's attorney, Abby Lowell, says that they will be filing a lawsuit to challenge the president's attempt to fire her, setting the stage for really an unprecedented legal battle.

5:44CNN's Tom Foreman unpacks the accusations against Cook that brought us to this point. We need people that are 100 % above board and it doesn't seem like she was. President Trump says the deed is done. He has fired Federal Reserve Board member Lisa Cook. But Cook and her lawyers say he can't do that because the president has not built the case to give her the boot. Under the law, the president clearly does have the legal authority to fire a member of the Federal Reserve for cause. I think what's a closer question, though, is whether what the president has at this point amounts to cause. At issue, in 2021, Cook purchased a home in Michigan, then another home in Georgia, declaring both to be her primary residence based on a CNN review of mortgage documents, potentially double-dipping on financial incentives for homebuyers.

6:40But analysts note she has denied wrongdoing. She was never charged. That might not be a valid cause to fire her anyway. And she may have an explanation. She could just say she made a mistake. However, Trump has been fuming at the Fed for months for refusing to drop interest rates to head off rising inflation, which many economists expect to get worse as Trump's tariffs settle in. The job he's done is just terrible. So he's tried and failed to shove aside Fed Chairman Jerome Powell. He's trying to push Cook out so he can name her replacement. And most of all, he's trying to make the seven-member independent board bend to his will, which some economists say is an awful idea.

7:24We want the Fed to make decisions in the best interest of the American people rather than the political interests of the president. If he proceeds down this path, then we get a step closer to a banana republic. Still, Team Trump has flung mortgage fraud accusations at New York Democratic Attorney General Letitia James, who convicted Trump for falsifying business records, and Democratic Senator Adam Schiff from California. I think Adam Schiff is one of the lowest of the low. I would love to see him brought to justice. They both deny any violations, but Trump didn't even accuse Tulsi Gabbard of wrongdoing when she simultaneously claimed homes in Texas and Hawaii.

8:05Trump made her his director of national intelligence. So it looks at least nakedly political here, but it really comes back to that question of cause here. Even if she did this, is that something that rises to a cause level to push her out of this position? Or is this because, because she was chosen by Joe Biden and Donald Trump wants somebody who he gets to choose? Yeah, I mean, he said in that board meeting, we'll have a majority very shortly in the cabinet meeting. We'll have a majority very shortly. So that'll be great. Once we have a majority housing is going to swing, it's going to be great.

8:40I mean, it doesn't. Yeah, I mean, it seems it seems very much like somebody who's just saying very openly, yes, I want to put my thumb on the scales. I think my thumb should always be on the scales in the same sense as you noted being against facts, analysis, things he doesn't like. And also there's this federal housing guy who just keeps finding questionable accusations against Democrats, just Democrats. Yeah. And Tulsi Gabbard. Nothing to say about her. We'll move on. Tom Foreman, thanks so much. Let's bring in Nobel Prize winning economist Paul Krugman. Paul, this is the first instance of a president attempting to fire a Fed government in the history of the central bank.

9:15You wrote on your substack, quote, the real story here isn't about Lisa Cook or mortgages. It's about the way the Trump administration is weaponizing government against political opponents, critics or anyone it finds inconvenient, unquote. The president, of course, is allowed to fire a Fed governor for cause. Do you not think allegations of mortgage fraud are cause enough to warrant dismissal? normally for cause means that you're not doing your job you know something we have no evidence really that she did anything wrong but anything that's being raised pertains to you know back when she was a professor at michigan state not at the fed normally firing for cause means that you you're drinking on the job or you're stealing office supplies or something like that it's something related to not doing the job.

10:05And there's been no hint of that. Nothing, no one has, even the Trump people aren't trying to claim that she's doing a bad job at the Fed, that she's unqualified or behaving inappropriately. So this is crazy. This is, you know, if I cheated on my third grade exam, should I be fired from my current job? This is completely insane. Treasury Secretary Besant commented on the move in today's cabinet meeting. take a listen to what he had to say. The Federal Reserve's independence comes from a political arrangement between itself and the American public. Having the public's trust is the only thing that gives it credibility.

10:45And you, sir, are restoring trust to government. I am sure that you feel the exact opposite. What is your opinion on Trump's move to oust her in terms of the future of the independence of the central bank? Oh, this is really awful. I mean, it would be bad enough if he were simply pressuring the Fed, if he were simply even, you know, managing to actually find some cause to fire somebody. But this is actually saying, if you, Federal Reserve official, get in my way, don't follow my orders, I will ruin your life. This is pure intimidation and it's personal intimidation. So this is really this is the authoritarian playbook.

11:30And the Federal Reserve, there's a reason that we want the Fed to be really insulated. It's not the public doesn't know a whole lot about this, but we know that very well. So the trouble is that the Fed can be used for political purposes too easily. It's so frictionless. All you need to do is basically tell the open market desk, cut interest rates, and it'll do it. And that's why, to remove temptation, we have an independent Fed so that presidents who want to boost their poll numbers for the next few months and don't care about the future, or presidents who buy into crackpot economic theories can't just go ahead and tell the Fed, you know, roll those printing presses.

12:14And we know what happens. This is how Turkey got to 80 % inflation a few years ago. This is a banana republic type stuff. And it's, boy, I've been a pessimist about what would happen. This is far worse than anything I had in mind. Paul Krugman, thank you so much. Appreciate it. Good to see you again. Joining us now here in studio is former Trump economic advisor Steve Moore. So, Steve, you heard Krugman and others have serious concerns about what this attempted firing might mean for the independence of the Federal Reserve. I'm sure you feel that the independence of the Federal Reserve is important.

12:50What is your take? Are you concerned at all about the president's pressure campaign against Ms. Cook? Well, a couple of things. I mean, first of all, with respect to this particular case, Paul Krugman just said this is like cheating on a third grade exam. I mean, that's ridiculous. This is a very serious problem. And by the way, I believe she's innocent until proven guilty. Let me be clear about that. But if she is guilty of this, it's a big deal, especially for someone on the Federal Reserve Board. We know from what happened in the housing crisis in 2008 that a major cause of so many of these mortgages going under was that people cheated and lied on their mortgage application forms.

13:33In fact, this is one of the things that people did. They would claim more than one principal residence. So this is not a minor crime at all. And again, she hasn't been convicted of anything. Not just convicted, she hasn't been charged with anything. Right. But it's also true that she has these allegations against her. And it's pretty easy for her to just put this to rest by just showing us how it is that this happened, that she had two applications. Was it carelessness? She's been pretty mum about this. And she could, in other words, let's see some form of evidence that she didn't do this. Or just as an explanation.

14:10Yeah. Let me ask you the result, as you know, overnight, the dollar weakened against the yen, the pound and the euro after Trump said this. And I guess the question is, if President Trump continues to exert control over the Fed, will other countries question whether or not our bank, our central bank is actually independent? Well, a couple of points I'd make about this. Look, I do believe in an independent Fed and I do believe that the Fed should not be political. But Jerome Powell is arguably the most political Fed chairman we've ever had. It's no secret that he and Donald Trump don't like each other.

14:47It's also no secret Trump appointed him. That's true. And he would say, if you're here right now, he'd say that was his biggest mistake. But, you know, in his testimony, you know, just that he gets before Congress, he attacks Trump's terrorists. Now, oh, these are going to cause inflation, which they may well do. But he doesn't talk about all the other things that Trump is going to do that are anti-disinflationary, like deregulating the economy, like producing more energy, like the tax cuts. So here's a point that I think people should understand. Back right before the election, one of the most important elections of our lifetime, Jerome Powell lowered interest rates right before the election.

15:26Now, to me, that was putting the thumb on the scale to help Kamala Harris. Now, you might say, well, there was reasons for doing that. But then Trump gets in, the inflation rate was lower than it was back when he lowered the rates under Biden and Kamala Harris. And he won't lower the rates. So I've never seen an explanation for why he cut rates when inflation was still high. And now that it's low, he won't cut rates. Let me ask you about the actions of the director of the Federal Housing Finance Agency, Bill Pulte, who is the one that raised these accusations, these allegations against her, has also raised allegations against two Trump nemeses, Senator Adam Schiff and Letitia James, the attorney general of New York.

16:08Do you think, first of all, there is at least the very the appearance of this guy looking like he is kind of a henchman for Trump, that he's like keeps like raising these questions about meddlesome priests, as it were. And also, you know, these are allegations not going through any sort of process. There's no criminal charge. There's no conviction. And yet they're being raised. Does that concern you at all? I mean, it looks like the weaponization of government that Trump himself complained was done to him. Jake, I haven't been following those stories. I'm not really someone to ask about that. I will say this, though, that the Fed is one of the most important agencies of our government.

16:50As you may recall, by the way, I was nominated in the Federal Reserve Board under Trump in his first term. and my gosh, it was like a proctology exam. I mean, they examined every single financial record I had. So I'm a little confused about how something like this even, you know, was not spotted by the auditors who looked at this. But, you know, they told me, look, if you've got any tax problem or if you've got any problem on your tax forms, that is, that makes you ineligible to be on the Federal Reserve Board. Well, if she's guilty of this, she should be ineligible to be on the board. If, right.

17:22If. And it's an if. We don't know for sure. Right. So whatever happened. So. So I didn't make it on the Federal Reserve Board for a lot of reasons. But my point is, I don't quite understand why this wasn't brought to light when she was up for nomination. It's a good question. And hopefully we'll get an answer. Stephen Moore, thank you so much. Really appreciate your time. From Trump's feud with the Fed to his brand new beef with the courts, the ruling from a Trump appointed judge that has the Trump administration forcefully trying to push back. And later, when GLP one shots just aren't for you, how about a pill instead for weight loss?

17:57Can you swallow that? Just how close that might be to reality coming up.

18:06Just into our law and justice lead, the Trump administration just appealed a ruling from a Trump-appointed federal judge that threw out an aggressive Justice Department lawsuit. That lawsuit had tried to sue all 15 federal trial judges in the state of Maryland. Now, the underpinning of that case, Maryland courts temporarily blocking the Trump administration from quickly deporting undocumented immigrants if they challenged their removals. And that ruling was on full display in the case of Kilmar Obrega Garcia this week. That's the undocumented immigrant who lived in Maryland, who is now in ICE custody as he challenges his deportation, threatened to go to Uganda.

18:46It's a country where he has absolutely zero ties. Joining us now, CNN crime and justice correspondent Caitlin Polans and CNN senior legal analyst Ellie Honig. And Caitlin, let me start with you. This judge laid out some rather fiery statements in this rebuke of the Trump administration's unusual lawsuit. And just to remind people, this is a Trump-appointed judge. Two-time Trump appointee, Thomas Cullen, a conservative royalty in the state of Virginia, brought into this special case overseeing it in Maryland. And his opinion today was get this out of this court, full dismissal. It doesn't belong here.

19:22And he wasn't going to let it go forward resoundingly. He writes, none of these cases that the Justice Department was arguing in this case support the executive's theory that it can sue federal judges simply because it disagrees with how they carry out their constitutional and statutory duties to hold otherwise would run counter to overwhelming precedent, depart from longstanding constitutional tradition, and offend the rule of law. That's a pretty strong statement from Judge Cullen in this. Backing up, what this was about is that it's not a normal case. This was in Maryland, where the chief judge of that district just earlier in the Trump administration said, there are a lot of detainees in immigration proceedings coming to us with emergency requests to not have them deported so that we would be able to look at those cases.

20:11And the chief judge said, OK, we're going to pump the brakes for two days and just put a hold on the U.S. sending any of those people out of the country to a place like potentially Uganda or another country. The Justice Department, instead of appealing that, they sued the whole lot of judges in Maryland, all 15 judges on the federal district bench. Colin, he's at the same level. And so he's saying, I don't have the ability to stop these other judges that I'm colleagues with, also trial level district court judges. And then also he says, this is not what the country is about with three branches of government.

20:47We should not just be fighting against each other, the justice system versus the chief executive. Another thing he writes, regrettably, this lawsuit effectively pits two of the branches against one another. One branch is alleged infringement on another's exclusive power does not license a constitutional free for all. He did note that the Justice Department, if they have a problem with this order from the judges in Maryland, they can appeal. They can appeal. Ellie Honig, could a different judge have seen this differently? Jake, I legitimately do not think a single federal judge in this country would see this differently.

21:25And by the way, the appeal that was just filed, they're going to lose. I try to not do predictions. The Trump administration will absolutely lose that appeal. The expression that we're all focusing on is constitutional free-for-all. I actually don't even think that's quite right because a free-for-all suggests something haphazard. It's more like a constitutional mockery what happened here. When the district court judges in Maryland made this ruling that Trump did not like, what he should have done is appeal. Instead, what he did is essentially say to the judges, you should shut yourselves down.

21:53And the basis that this judge dismissed Trump's lawsuit on is two things. He said, you don't have standing and you don't have cause of action. That translates to you have no business in this court. And the thing you're asking us to do is not even a thing that exists in the law. And Ellie, obviously the case of Kilmar Abrego Garcia has been getting most of the attention. You write of the unraveling of the prosecution against him. You say, quote, seemingly in recognition of the infirmity of its criminal case, the Justice Department has already begun to construct an off-ramp for itself. They've now laid the groundwork for a full-scale retreat, unquote.

22:31So what does that mean? Where does this go next? So I wrote that in June a few months ago, and now it's happening. So there's two different things happening with respect to Kilmar Abrego Garcia at once. There's the effort to deport him, which is in immigration courts, and then there's the indictment, the criminal prosecution, in, of course, the federal criminal courts. What happened, though, is the federal criminal judge gave him bail because the defense team went in there and basically peeled the bark off the case, showed that the allegations are based on third and fourth hand hearsay. And so the judge said, I find you have a weak case.

23:00I'm releasing him. But what's happening now is immigration authorities have now arrested Kilmar Abrego Garcia, and they're trying to get him out of here because they don't want to try this case because they know they put out this big, splashy indictment. The attorney general made a big announcement about it. They know they don't have the goods. They desperately are trying to get him out of here so they don't ever have to go into court and back up the indictment that they brought. But aren't they just overshooting this? I mean, now they're trying to send him to Uganda. Couldn't they just deport him to Costa Rica tomorrow?

23:28100 percent. In fact, that's what Kilmar Abrego Garcia's team is saying. They're saying they've worked it out with Costa Rica. He can be sent there. He can be deported there. And that's what he wants. They're asking. And the administration is still saying, no, we want to send him halfway around the world to Uganda, a place where he has zero connections and where I think his team is going to argue he faces risk of being persecuted. They're going to fight that. All right. Ali Hone and Caitlin Politz, thanks so much. Appreciate both of you. Coming up, the disturbing wave of active shooter on college campus charges or announcements, alarms that are turning out to be fakes.

24:02They're not really happening. What's going on here? And why is technology making it more difficult for investigators to do their job?

24:36Thank you. for your next move. I've just recorded the first episode of our new season talking about the state of play for the IMO's Net Zero framework in the wake of the just concluded latest MEPC meeting. The big question I hear again and again is what happens next and how quickly? In this episode, I unpack what's moving, what's stalling, and what that means for future decisions and timelines. Search for Maritime Impact on your favorite podcast platform. Stay tuned. And this storm is rolling in. Look at how fast that sucker's moving. It is going to take us over here in two seconds. International lead, a towering wall of dust, better known as a haboob, rolling through Phoenix, Arizona last night.

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25:31It created a scene right out of the Book of Revelation, swallowing highways, neighborhoods, and the downtown skyline. The massive dust storm left 60 ,000 customers without power, an hour of grounded flights, and major wind damage. The Haboob comes after a weekend dust storm in Nevada that blew through the Burning Man Festival. Let's go to CNN meteorologist Allison Chinchar. Allison, how unusual are these Haboob? Jake, during monsoon season, it is not uncommon to have these dust storms known as Haboobs. take a look at the time-lapse video behind me. You can start to see that giant wall of dust rushing into the city of Phoenix there, but once the dust begins to settle, then you start to see the raindrops, and that's because this came from a thunderstorm in the general area causing this haboob.

26:19So we take a look at what an actual haboob is. So here you can see the parent thunderstorm in the background, and oftentimes you'll get outflow or the very strong winds from the thunderstorm that rushed down to the ground and it will pick up the dirt, the sand, anything down there, churning it up and sending it thousands of feet into the air, which unfortunately can lead to zero visibility on the roads if you happen to be driving. So let's break down what actually happened yesterday. This is about 5 30 p.m. local time in Phoenix. This is the thunderstorm in question. Now the temperature at this time was still in the triple digits.

26:53Winds may be roughly about 20 miles per hour. But you fast forward just 15 minutes as that storm gets closer, the temperature has now dropped into the 90s. Winds are also starting to pick up around 60 miles per hour. Then you go a few minutes later, the temperature is now down to the mid-70s with wind gusts of 70 miles an hour. So not only did we see those winds increase, but the temperature has now dropped 35 degrees in just 30 minutes. We do anticipate more showers and thunderstorms in the forecast for the remainder of the evening tonight, not just for Phoenix, but for much of the desert southwest.

27:28All right, Allison, thank you so much. I appreciate it. And our health lead, losing weight could potentially come in the form of a single pill with no injections needed. Eli Lilly, the pharmaceutical that makes the injectable drug ZepBound to treat obesity, has a new GLP-1 pill for weight loss. After releasing positive trial results, the company says it's planning to request global regulatory approval this year. The pill's side effects are similar to that of GLP-1 injectables, including nausea and vomiting. Coming up next, the repeated calls about active shooters on college campuses that turn out to be fake.

28:05The difficult task for authorities investigating these crimes. That's ahead.

28:15In our national league, what should be a moment of excitement and joy for students and parents across the country has, for many, too many, turned to terror. Over the last week, at least nine colleges and universities received fake threats of active shooters in what law enforcement is calling a frightening new trend. Just today, the University of Arkansas, West Virginia University, the University of Kentucky, and Central Georgia Technical College, all of them were swatted situations where police rush in and clear an area in response to fake calls about shootings on the campus, shootings that are not happening, thankfully, but still it is terrorizing the communities.

28:55Villanova University, the University of South Carolina, and the University of Tennessee also all experienced similar calls in recent days. Let's bring in CNN security correspondent Josh Campbell. Josh, what in the world is going on? Well, you know, a sad reality in this country is that students and teachers have to deal with school shootings, but now they're also having to deal with these terrifying hoaxes that are coming in this latest wave. As you mentioned yesterday, six alone. This current wave started last week whenever reports of shots were being fired came in at the University of Tennessee in Chattanooga.

29:30Officers responded to reports that someone had opened fire a few hours later at Villanova University in Pennsylvania, a very similar report. Again, these cause widespread chaos. They prompt a massive police response as authorities try to determine if they're actually dealing with a gunman. Take a listen here. We're getting some of the reaction from some of the students, including this law student at Villanova, who described what happened. A lot of law enforcement on the scene. They were looking for the shooter or the perpetrator in the building. But, you know, it was definitely a scary scene and, you know, they did a great job of getting everyone out.

30:07What was the phone call like with your parents? Were they freaking out? Absolutely. They were very scared, but they were very grateful I was OK. And I'm just very lucky. So obviously the good news, it didn't happen, but these can often cause injuries as people are fleeing. And obviously they can be very dangerous. To that end, local law enforcement, they're vowing to try to get to the bottom of who may have been responsible for these latest incidents. Take a listen here to the district attorney there just outside Philadelphia. My office, Criminal Investigation Division, the FBI, we're all going to work to try to get to the bottom of who might have done this.

30:42Because if this was indeed a cruel hoax, this is a crime. And we will track you down if it's the last thing we do. Now, Jake, you and I have covered so many of these. But one thing that's worth noting is that not only have there been injuries, but there was also a man who was shot and killed in one of these past incidents. when police arrived, mistook him for an actual threat. So although these are hoaxes, they're very dangerous. It's not incredibly new, this crime, even if this trend is spreading. But you say it's evolved with new technology. What do you mean? Yeah, you know, this goes back decades.

31:16It started people going after celebrities. I've talked to law enforcement experts who say that certain motivations have changed. Sometimes it's people just trying to get attention. Sometimes it's they're acting on some kind of grievance. But the through line that's making it difficult for investigators now is that a lot of these actors are using voice over Internet. They're spoofing their numbers. And so they're taking pains to try to mask their identity. However, law enforcement has noticed certain trends. And this is information they're pushing out to agencies across the country. Look at some of these indicators.

31:48If it's only one call of an active shooter that's coming in to police, that could be a red flag. We know in this day and age, so many people flood 9-1-1 whenever there's an actual incident. Also, if the person is calling a non-emergency line rather than 911, that could be a signal that they're using that voice over Internet, which often can't access the 911 system. And then the last thing they've seen is that oftentimes the caller's tone doesn't match the urgency of the moment. Someone might be very subdued in their voice, but they're saying that there's a shooting happening in front of them. All of that said, these people continue to evolve.

32:22I mean, just think about this sinister attribute of this whole thing. Jake, a lot of these callers will now call in and then play the sound of fake gunshots in the background. So again, law enforcement, their job is to try to stop a threat if it's there. Causes chaos and it's certainly dangerous, as I said. Have authorities had any luck with making any arrests? As difficult as they are, we have seen some arrests take place. The FBI, under the past director Christopher Wray, created this task force with law enforcement agencies across the country, again, trying to help them determine if there's a swatting incident in their jurisdiction.

32:55Could that have been related to another one? Is this the same perpetrator we're dealing with? There have been international arrests that have been made with the FBI working with its foreign partners. And just to talk about how severe some of the consequences are, there was a teen here in California that was arrested this year. He was just sentenced to four years in federal prison for making calls just like this. Josh Campbell, thanks so much. Coming up, the pressure from within, massive protests today demanding that the Israeli Prime Minister Benjamin Netanyahu agree to a proposal to free the hostages, the Israeli ambassador to the United States will join us ahead.

33:35A serious moment in our world lead now. On this date four years ago amid the chaotic U.S. withdrawal from Afghanistan, a terrorist in the crowd at the Abbey Gate, which is a civilian gate into the Kabul airport, detonated a suicide bomb, And that blast killed 13 members of the U.S. military, including 11 Marines, one soldier and a Navy corpsman. And along with the ensuing chaos, about 170 Afghans were killed. Afghans who were desperately trying to flee from the Taliban takeover. They also were killed. Some of the Gold Star families were at the White House yesterday. President Trump signed a proclamation commemorating the sacrifice of their loved ones.

34:14And two of those Gold Star moms are with us now. Christy Shamblin is the mother-in-law of U.S. Marine Sergeant Nicole G. You might recall Nicole G. from her Instagram post we're showing right now. It's her holding an Afghan child, and she wrote on Instagram, I love my job. Also with us is Paula Knauss-Self, the mother of U.S. Army Staff Sergeant Ryan Christian Knauss, who is 23 and originally from the state of Tennessee. Thank you both for your sacrifice and your willingness to talk, especially on today, a horrible, horrible anniversary. Let's start with you, Christy. Tell us about Nicole. What do you want our viewers to know about her?

34:50What do you want them to remember about her? She was a ray of light and embraced the attitude that a positive mental attitude could cure all of your problems. She was a constant source of encouragement for her fellow Marines and for her family and loved ones. And she would want to continue that encouragement. Paula, tell us about your son, Ryan. Ryan lit up a room as his brothers in the armed forces told me. He could walk into a room and see the positive in something. It showed his maturity as he grew older and wiser in being a team player. And one thing that's just remarkable about Ryan was that he used his brains with his brawn in all of this.

35:45And so the psyops unit was perfect match for him. Both of you were at the White House yesterday, along with other Gold Star families, when President Trump signed this proclamation honoring your loved ones. Christy, what was that like? It was really amazing. It was a moment I'll never forget. To have their names echo in the halls of the White House was spectacular. And Paula, what was it like for you? Well, I'm just appreciative that we finally have a president who is not going to allow the tragedy of our children or the tragedy of all of the events that happened in the ensuing August 26, 2021 debacle to be swept under the rug.

36:34And it is great to hear that there's a continued push to see justice for these children. The presidential proclamation is unusual. in addition to the well-deserved words of praise for your loved ones. It also had some very pointed criticisms of the former president, President Biden. Do you two or any of the Gold Star families, do you ever hear from any members of the Biden administration? And let me start with you, Christy. Never. Not once. Never. Paula? Of course. back in 22 and Memorial Day. It was a sad time when President Biden and I met face-to-face in the White House. And it was one of the most saddest moments of my life as a mother.

37:25Coming face-to-face with him, his first words out of his mouth as I walked across to meet him was, I can understand if you're angry. Well, I'm glad he did because America wasn't forgetful of what was happening also. And as I grieved as the mother in front of him, he had no sympathy or empathy on such an incredible day as Memorial Day to just show a little kindness. And I always have said it was such a character mark for him to have not at least had empathy and sympathy at that moment when a mother's crying in front of him on Memorial Day at his invitation to be there. You mentioned that the investigation is ongoing.

38:09The U.S. military did conduct two reviews of the bombing, and those reviews concluded that it was a lone bomber carrying out the attack, dismissing reports of gunfire at the time. The Pentagon also said that the members had not previously seen the suspected bomber ahead of the attack, but they believe they had originally because of conflated intelligence reporting. Christy, are you satisfied with the conclusions of the two investigations so far? I'm not satisfied so far because it doesn't give us a path forward to make sure this never happens again. We don't get to bring our heroes back. We don't get that choice, but we want to make sure this never, ever happens again.

38:47And you have to learn from your mistakes. And first, you have to acknowledge those mistakes were made. Paula, next year remark, five years since the attack. There are sure to be even more events to mark the anniversary. Do you all, do you Gold Star families, do you keep in touch? And how do you cope with the passage of time and all of this? It's such a horrible anniversary. Well, it's been four years. And there are times when the White House will call on behalf of the president and his cabinet to bring us together so that they can say, hey, we haven't forgotten you. We haven't forgot your children.

39:27We know them by name and we will never forget what happened so that we do not allow that to happen again in our administration. And I know one of the masterminds, so to speak, of the terrorist attack is currently in Virginia. And he will be tried for killing for his role in that horrible, horrible, that horrible day. Christy Shamblin and Paula Knauss-Self, thank you so much. And please know that we have not forgotten your loved ones either. And everybody watching right now, I'm sure, has nothing but love and support and prayers for you. Thank you very much. Thank you, sir. And love you, Christy.

40:07The term unprecedented coming up yet again to describe actions by the president. This time his efforts could have massive implications for the U.S. economy and your money. We'll get into that next.

40:42Thank you. with Adyen. Learn more at adyen.com. Join us for the next episode of D &V's Maritime Impact podcast. This time I speak with D &V's shore power expert, Hilde Bursta, about how shore power is shifting from a local emission solution to a strategic priority for ship owners. What are the biggest barriers to adoption and what needs to happen next? To get the answers, search for Maritime Impact on your favorite podcast platform. Stay tuned. Welcome to The Lead. I'm Jake Tapper. This hour, President Trump's attacks on the Federal Reserve entering a new phase as he defends his decision to try to fire one of the Fed's governors, Lisa Cook.

41:27And now Cook's lawyer says she is going to file a lawsuit against Trump challenging her removal. But how much of any of this is about Cook's alleged misconduct and how much is about Trump wanting to control the Fed? Plus, blocked highways and burning tires in Israel today as protesters Israelis call for a ceasefire deal in Gaza that would secure the release of the remaining hostages. Are negotiators anywhere near an agreement? We're gonna talk to the Israeli ambassador to the United States live. Also, President Trump makes a new demand of Harvard University, a demand to the tune of half a billion dollars.

42:03That's a billion with a B. Harvard, the only school so far to take on the White House in court. But after Columbia University and Brown University both settled. Will Harvard cave next? And he knows how to ball, she knows Aristotle, and now Taylor Swift and Travis Kelsey are engaged. We're diving into the Instagram announcement that broke the internet with more than 10 million likes in just the first hour.

42:30The lead tonight, President Trump defending his decision to try to fire Lisa Cook, a governor of the Federal Reserve, saying he soon expects to have a, quote, majority at the seven-member Fed. It's Trump's most significant escalation in his pressure campaign to remake the central bank, which is supposed to be independent. But Lisa Cook is digging in, saying she has no plans to resign, as her lawyer says they plan to challenge the president in court, setting up a legal battle that is likely headed to the U.S. Supreme Court. CNN's Kaitlin Collins is live for us at the White House. Kaitlin? Yeah, Jake, the president today basically making clear that even as Lisa Cook and her attorney are bowing to fight this, that he is planning to move ahead and try to basically reshape the Federal Reserve Board more to his liking, more with people that share his ideology and his worldview, and even says he has some names in mind for who he might put on that board.

43:17Of course, the question, Jake, is if there is even going to be that opening and what the status of that is right now after the president said yesterday that he was attempting to fire her. The view very much here at the White House is that he will ultimately be successful in that, But that still remains to be seen, given she is vowing to fight it in court. But, Jake, all this centers around allegations that are being made by allies of the president, a referral to the Justice Department over mortgage applications by Lisa Cook. And I want you to listen to what President Trump had to say today in a very lengthy cabinet meeting about this very move.

43:54She seems to have had an infraction, and she can't have an infraction, especially that infraction, because she's in charge of, if you think about it, mortgages. And we need people that are 100 percent above board. And it doesn't seem like she was. Now, obviously, Jake, she's been pushing back on that and saying that she is very much going to rely on any court's decision here of what that could look like. They're going to be fighting this in court and likely a lawsuit is going to be coming very soon. And when it comes to the Federal Reserve's actions, the question as this is playing out in the court is, do they treat her like she is a member of the board.

44:28How does that happen? They basically said today, Jake, that they are going to basically abide by any court decision and essentially wait to see how all of that plays out. And Caitlin, the president is also suggesting an aggressive effort in his push to reduce crime here in Washington, D.C. Yeah, Jake, I want you to listen to what the president had to say about that today during his cabinet meeting. And then on after you hear what he had to say about this, we can talk about the obstacles that he would likely face if they try to push ahead with this. Anybody murder something in the Capitol, Capitol punishment, Capitol, Capitol punishment.

45:05If somebody kills somebody in the Capitol, Washington, D.C., we're going to be seeking the death penalty. Now, immediately, Jake, when the president said that, anyone who lives in Washington knows it is typically the D.C. Superior Court that handles any of these murder cases. Capital punishment is not in the city's code. But of course the president's ally, Jeanine Pirro, is in the D.C. U.S. Attorney's Office here and she certainly could try to seek that. I think one real question is if they do try to move forward with this and we'll obviously wait to see if that looks like is what juries in Washington would do.

45:40Because historically when you talk to legal experts and as our team at CNN, including Caitlin Pullins, has done, that is something and has been a major obstacle for them to try to get over. Even if the jury votes unanimously to convict someone, actually getting to capital punishment has proven to be quite difficult. But it just kind of speaks more, Jake, to the president's effort to have this federal takeover of Washington and to be in charge of how the city is handling that, as he was speaking at length today about not just that, but also potentially going into other cities with the National Guard as well.

46:10All right, Kaitlin Collins, thanks so much. And don't miss Kaitlin on her show, The Source, with Kaitlin Collins. Her guests tonight include the Interior Secretary, Doug Burgum. That's tonight at nine o 'clock Eastern, only on CNN. CNN's Phil Mattingly is here with us. Phil, walk us through the magnitude of this decision by President Trump to try to actually remove a sitting Fed governor, nominated by President Biden, voted on, confirmed by the Senate. No president has ever even tried to do this before. Since the Fed's creation in 1913, this has never been moved on. This action has never been taken.

46:42We don't really have much precedent for it even being weighed by any president up to this point. And I think what's critical to understand about why this is such a big deal is what this would mean if the president is able to actually get this done. Now, before we get to that point, Jake, I think it's pretty important to note that there are a number of roadblocks in place. This is very clearly the president's clearest path that he's had up to this point. He's talked often about the potential for firing Federal Reserve Chairman Jay Powell. Didn't ever have cause to do so. Even if he did, it was kind of legally dubious.

47:14He believes he has cause. He can move forward on this. there is a very real and completely unprecedented legal fight that's about to play out. If he wins that legal fight, then you have the issue of actually confirming your nominees. One has already been appointed, needs to go through Senate confirmation in September, Stephen Myron for the open seat that opened up at the start of August. Then you have your second nominee. How do Senate Republicans deal with that? We don't actually know yet. Yes, they have a majority. Yes, they traditionally do what Trump wants them to do, including on nominees.

47:44But Federal Reserve of Independence is something many of them talk about often publicly as important, but also privately acknowledge they are uncomfortable about the direction that this has all gone. So you have to get two nominations through, be able to move forward with that in the near term. Then he would have a majority. That majority, Jake, though, their ability to reshape the Fed, not just on interest rate policy, but on Federal Reserve presidents, on budgets, on operational structure, all of that with a majority can pretty much go however Trump wants. All right, Phil, thanks so much. Really appreciate it.

48:16Let's talk about this with my panel right now. Hey, guys. Hey. So we haven't heard much from Republicans about this attempt to remove Lisa Cook from the Fed. But Republican Congressman Don Bacon of Nebraska, who is retiring and has been emerging as something of a critic of the president in his retirement, he told Politico, quote, it would be one thing if she was found guilty, but she is entitled to due process. this is his way to gain control of the Fed. Mike, do you agree? I think financial fraud is cause, but Don Bacon's absolutely correct. There's been an allegation that's out there. She hasn't been charged with the allegation.

48:58These charges have to be proven. But even if it is brought, DOJ brings the charges forward, I think there is an argument that there's cause there because it goes directly to what she oversees. I mean, financial fraud is cause. So Semaphore's Burgess Everett posted, quote, individual senators have a lot of sway over the Fed. Just one Republican on the Senate Banking Committee could jam up any attempt to replace Lisa Cook in committee. But Eva, do you think there's any Republican appetite to challenge Trump on anything? So far, we haven't seen a lot of courage from Senate Republicans in terms of wanting to take on the president.

49:38But I think that historically, at least Republicans who were in power or had power before, like Senator Mitch McConnell, they were concerned about the long game. And we might see some of those voices emerge because Trump may win this particular battle, but this precedent is is not great. And what happens when Democrats take back power? I mean, they are changing the rules of engagement so dramatically for institutions and systems that historically were not supposed to be imbued with this level of partisanship. And President Trump was asked if he's weaponizing government to go after people he disagrees with by digging into his mortgages.

50:16You have this person at the Federal Housing Agency who has found, who's made allegations against Cook, against Senator Schiff, against Letitia James. it's not difficult to imagine a President AOC, because Democrats right now are like literally saying, OK, we're just going to do whatever Republicans do. Turn around and spare play. Absolutely. Here's what Trump was asked when he said if he's weaponizing government. Take a listen. No, they're public. I mean, you can find out those records. You can go check out the records yourself. And if you did your job properly, we wouldn't have problems like Lisa Cook.

50:51So I guess my question is, do you think President AOC comes into office and starts using the IRS or federal mortgages or whatever to pick apart different people, the Fed replacing them, etc.? I mean, Republicans will be like, oh, this president's fine. We allowed it so President AOC can do it. Yeah. Well, no, they wouldn't like whoever it is. Let's not just put that on AOC, any kind of Democratic. No, of course not. But Democrats are getting to the point where they're feeling like, you know what, if you're not going to play by the rules, why are we playing by a different set of rules? Although what concerns me is that the rules happen to be the Constitution of the United States, which happens to say innocent until proven guilty.

51:34Donald Trump actually got that benefit. So before we all, you know, arm our weapons, let's find out whether or not any of this is true. Here's the thing, though, that I think is a bigger problem and what I hope Democrats will focus on. absolutely let this legal case play out. It's in the courts. Let's do that. But what this really says, there's a different trend here, and that is Donald Trump doesn't actually know how to fix the economy unless he can control all the levers. So he's now replaced the person who's telling us the truth about the labor statistics. He wants to control the Fed, presumably so he can tell them what to do.

52:09The lower interest rates. Yeah. But however, whether or not, though, that may not necessarily be in the best interest of the economy. That may not necessarily show the truth about the impact tariffs are actually having on the economy. And so the point is, what concerns me more is he doesn't know how to fix this. He just knows how to rework the decks on the Titanic like you would if you owned a company where you get to say to your shareholders what you want to say regardless of what's really going on. What do you think? Well, there's so many things that you brought up in that. One, on your first answer and to your question, Harry Reid unleashed something very similar with judges years ago, where you had the unintended consequences.

52:53And then it was chipped away by Mitch McConnell even more. Absolutely. So, I mean, there is historical precedent to this. And I think it's a very good point. On the Bureau of Labor Statistics, we had a head of that division that had an 85 % correction in May of just this year from her preliminary numbers to other numbers. She was not doing a good job in the short period of time that she was there. There were multiple massive corrections. So each one of these points is - Which is not that unusual, by the way. It is unusual, the extent of the corrections. One, two, three percent was norm, is a norm.

53:30And she had 30 % one time, 85 % in May. And we can check those numbers when the fact checkers want to fact check me. Come on, James. But my point is, I think you're overreaching a little bit by saying that he wants to have all levers of the economy. Of control. Of control. He wants to control the information. I think this really does revolve around the singular issue of our interest rates are too high in this country. They're much higher than the rest of the industrialized world. And Donald Trump is known to try all different things to get his question. Regardless of the impact. I want to talk about one other thing that President Trump is pushing, which has to do with sending National Guard troops into cities to address crime.

54:10Really interesting moment on that other channel. I don't forget. It's MS something now, but it's Joe Scarborough. We know him. Morning, Joe. He had the mayor of Chicago, Brandon Johnson, on his channel, MS. What is it now? MS Now. And I'm not trying to be cute. I really forgot the name. MS Now. And there was this really interesting moment. Let's roll that. Would you also like to get federal funding to help put 5 ,000 more cops on the street in Chicago? Would that help drive down crime? Well, look, policing by itself is not the full strategy. Do you believe that the streets of Chicago would be safer if there were more uniformed police officers on the streets of Chicago?

54:55I believe the city of Chicago and cities across America would be safer if we actually had, you know, affordable housing. I just need a yes or a no. Look, we are working hard to make sure that our police department is fully supported. I don't believe that just simply putting out an arbitrary number around police officers is the answer. This is a fight President Trump wants to have, and answers like that I think are part of the reason why. Well, I disagree. I don't think that this issue of public safety has to be a liability for Democrats. I think in my conversation with voters, it's actually going to be more of a liability for Democrats if they don't stand up to Trump.

55:33And what's not being discussed enough is some of the interventions that President Trump is trying to reverse, like eliminating cash bail, like a separate track or restoring a different track for juvenile offenders. Democrats historically championed those because those systems caused undue harm to certain segments of the population. And so reversing their policy positions is not necessarily the answer. Even if some voters agree with them, I think that they get more credibility when they stand on principle. So this doesn't have to be a liability for them. All right. Thanks, one and all. Coming up, the estate of Jeffrey Epstein is now on the clock.

56:12The turnover documents to the House Oversight Committee. What questions might those records answer or prompt? I'm going to ask a lawyer who represented multiple Epstein victims. That's next.

56:25In our law and justice lead, the estate of sex offender Jeffrey Epstein has less than two weeks to hand over a trove of documents to the House Oversight Committee. Epstein's will, his financial documents, a reported collection of letters gifted in the so-called birthday book for Epstein, Epstein's non-disclosure agreements, and any information that could be part of a potential clients list, all on the list, all to be turned over. Let's bring in Jack Scarola. He's an attorney who has represented nearly 20 victims of Jeffrey Epstein and spent 18 years litigating cases against him. Jack, thanks for joining us.

56:58So the House Oversight Committee is also finally going to interview former Labor Secretary for Donald Trump, Alex Acosta, who was the U.S. attorney for the Southern District of Florida back in 2007, 2008, when he negotiated that sweetheart deal with Epstein. I want you to take a listen to what Epstein survivor Liz Stein told me. She wants to learn from that interview with Acosta. Take a listen. Why, if he was being investigated by the FBI, why was he able to only have to face one charge, a state charge, and no federal charges? And so I think that what I would really like to see and what I hope for is transparency.

57:37with Mr. Acosta. What do you or any of the victims you've represented want to hear from Acosta? I think the one question that was identified in that interview is an important question, but it is not by any means the only important question. Not only was Jeffrey Epstein given an incredible sweetheart deal, but he was provided with a non-prosecution agreement that immunized named co-conspirators and unnamed co-conspirators from federal prosecution for any crime that they may have committed up to the time of the execution of that agreement. That's an incredible, unprecedented and totally unjustifiable concession to a criminal defendant that has never been explained.

58:40And I don't know how it could ever rationally be explained. In addition to that, the terms of that agreement were actively concealed from the victims when federal law required them to be informed of the agreement and to have an opportunity to be heard about it. Those are questions that need to be explained. And Alex Acosta, if appropriately questioned by someone who is prepared and knows what the answers should be, conducts the interview and the interrogation of Alex Acosta. Well, on Friday afternoon, the Justice Department released the transcript of Deputy Attorney General Todd Blanche's interview with Epstein co-conspirator Ghislaine Maxwell.

59:31Would you describe Todd Blanche the way that you said you hoped an interviewer would be equipped to interview Alex Acosta that same way? And what were your thoughts after reading through the transcripts? I would not describe Todd Blanche that way. I have read every word of two days of interviews with Ghislaine Maxwell. Those interviews resembled more a choreographed dance than the interrogation of a convicted child molesting conspirator and an accused perjurer. This was not an effective interview by any means, but simply a platform for Ghislaine Maxwell to rewrite history. What's one question you would have asked had you had a chance?

1:00:33There are a lot of questions that I would have asked had I had the opportunity to do that. But principally, I would have confronted her with the testimony that was presented against her at her trial. And we have a situation where the person sent to interview Ghislaine Maxwell is known to be the president's criminal defense lawyer. That criminal defense lawyer was there on behalf of an individual who walks around with a pocket full of get-out-of-jail-free cards, which he has demonstrated a willingness to distribute freely. Who could possibly believe that under those circumstances, Ghislaine Maxwell is going to remember anything whatsoever?

1:01:30However, that is disadvantageous to the man with the pocket full of get out of jail free cards. It isn't going to happen. And she needed to be confronted about that motive and never was. Jack Skrola, thank you so much. We'll have you back. Always insightful. Really appreciate it. Protests filling the streets of Israel today, demanding an immediate ceasefire and hostage release deal. Where do negotiations stand right now? Well, the Israel ambassador to the United States will join me next in studio. Stay with us.

1:02:06I've just recorded the first episode of our new season talking about the state of play for the IMO's net zero framework in the wake of the just concluded latest MEPC meeting. The big question I hear again and again is what happens next and how quickly. In this episode, I unpack what's moving, what's stalling, and what that means for future decisions and timelines. Search for Maritime Impact on your favorite podcast platform. Stay tuned. Our world lead takes us to Israel. An estimated hundreds of thousands of protesters flooding the streets today to demand the release of the hostages still being held by the terrorists of Hamas in Gaza.

1:02:48Burning tires, blocking highways, demonstrating their mounting anger over the lack of a deal to end the war and bring those hostages home. Today, Israel's security cabinet meeting ended with no major decisions. This is nearly a week after Hamas reportedly accepted the latest ceasefire proposal from mediators from Qatar and Egypt. CNN's Oren Lieberman takes us to Israel right now, where many are placing the blame on Prime Minister Benjamin Netanyahu. The fires on the roads burned as hot as the anger on the streets. Across Israel, protesters blocked major highways, burning tires, shutting down traffic.

1:03:25This sign in Tel Aviv says we're stopping everything until everyone returns. The demonstrations marked the beginning of what organizers called a day of struggle, demanding an end of the war and the return of the remaining 50 hostages held in Gaza. Yudhiko and son Nimrod is among the 20 hostages believed to be alive.

1:03:52ANTHONY FAUCI,

1:03:58President, Prime Minister Benjamin Netanyahu held a two-hour security cabinet meeting Tuesday afternoon. But according to two sources familiar with the discussion, the latest ceasefire proposal was not on the agenda. This is a shame. This is beyond words. There are no words to describe this government anymore. This government should be dealing with one and only thing, ending the war and bringing back the hostages. On Monday, President Donald Trump said in the Oval Office there's a diplomatic push underway to end the war. But one day later, he walked that back. There's nothing conclusive, but hopefully we're going to have things solved very quickly with regard to Gaza and also with regard to Ukraine and Russia.

1:04:38It's a promise these protesters have heard too many times to believe. Even so, Edith Ohel, holding a sign with the face of her hostage son, Alon, says it's up to Trump. We still need the United States to be with us. We still need Trump's administration to push to it and make sure that all the hostages return. I think he has the power to do it. I think he has the power to talk to Netanyahu and tell him about how urgent it is. Organizers say this isn't a one-time protest, and in addition to the weekly Saturday night protests we have seen that appear to have grown in size over the past recent weeks and months, they will plan continued protests and disruptions to let the government know, and frankly, to let the world know that they are calling for a ceasefire to end the war and bring home the remaining hostages.

1:05:28It was President Donald Trump who said just a couple of days ago that there might be a conclusive end of the war in the next two to three weeks. That is something that people here desperately want to believe. Jake.

1:06:04agreed to. So what is the holdup and can you guarantee that the remaining 20 hostages who are still alive will come back to Israel soon? Well, we can't guarantee that the 23 hostages will come back soon. They're being held by Hamas. We can guarantee that we're going to do everything in our power to get them out. We started this, there were 255 hostages being held by Hamas. Under Prime Minister Netanyahu's leadership, 205 have been released through negotiation and through military pressure. We've never achieved any release of hostages without military pressure alongside with negotiations. So this is under discussion.

1:06:40We're looking at what the possibilities are for a ceasefire, a temporary deal. But at the same time, it has to be very clear. This war ends when Hamas ends. We need to see this war end where Hamas is disarmed, where Gaza is demilitarized, and all of our hostages are out. None of this, as the president has said repeatedly, none of this drip-drab kind of thing, a few hostages now, a few hostages later. If we are not careful, what's going to happen is we're going to get a few hostages out now and we're never going to see the rest of the hostages again. So the Arab League several weeks ago called for Hamas to surrender and to no longer be in charge of Gaza, right?

1:07:22Whatever happened to that? Has there been sufficient pressure on Hamas from the Arab League to achieve that, to end this war? Well, it was a great declaration by the Arab League, and I think that is a very positive development overall for the Middle East, which probably is a result of our taming and degrading Iran and the extremists in the Middle East. But no, they haven't applied the necessary pressure, if they could. The interesting thing is that we've seen this before. We're both old enough to remember when we defeated the Palestine Liberation Organization in Lebanon in 1982-83, and Hamas's predecessor, Yasser Arafat, left.

1:08:00He laid down his arms and left by boat. This is the same thing that can happen today. Hamas has to leave. We're not going to go back to a situation like on October 6th when the country was being held hostage. We cannot have a situation where the country is being held hostage by jihadis living at our border. But what is the holdup? Like why, I mean, if this agreement, as we're told, basically is 98 % of what Israel agreed to a month ago, Hamas has agreed to it, why isn't this been agreed to so there can be a ceasefire? Well, isn't this interesting? I mean, the answer is in your question itself.

1:08:34The 2%. If Israel agreed to it two months ago, what happened? Where was Hamas? Obviously, something's changed in the ingredients. And Hamas is moving in such a way so that they remain standing. Okay, they've reconstituted themselves through the lull in the fighting. They've reconstituted themselves. They've moved up to 25 ,000, 30 ,000 fighters. They are now regrouped in an area of 25 % of Gaza. That has, and that's where the hostages are. And that remaining 25 % has to be completely disarmed. We want to see Hamas out. Because otherwise, the country's going to go back in a situation where we're going to be held hostage again.

1:09:14We can't do that. So Netanyahu, the prime minister... Excuse me one second, Jay. Under a situation when we were held hostage on October 6th, 1 ,200 of our people were slaughtered. We can't go back into that scenario. I understand. Let me ask you about the horrific events from yesterday. Prime Minister Netanyahu called the Gaza strike that killed five journalists. He called it a tragic mishap. You posted on Twitter, or Axe, quote, President Dwight Eisenhower once said, war is a grim, cruel business, a business justified only as a means of sustaining the forces of good against those of evil. War is especially grim when fighting a death cult like Hamas.

1:09:46But I do wonder, at this point, 18 months into it, with so much of Hamas degraded, so much of Gaza destroyed, so many unnecessary or so many tragic, innocent people killed, the killing of journalists, the killing of aid workers, children starving to death. This is not what you are trying to achieve, you argue, but it is happening anyway. Is it worth it at this point? Are you not afraid of what Israel is doing? And also the status of Israel. Many supporters of Israel are worried that it's becoming a pariah. Many supporters of Israel don't have to face what we face in the Middle East. Look, you've got to ask yourself a question.

1:10:26A country that's capable of taking out the control of all of Iranian airspace in 72 hours, allowing for the B2s of the United States to come in and obliterate the nuclear weapons operations in Iran, is not capable of ending this war sooner? Of course we are. But it's because we're taking precautions that no other country has ever taken. No other country has had to face a situation of 450 miles of terror tunnels under an area that's 24 miles long. We're dealing with a ghoulish, fiendish organization that's not only hiding behind civilians, but is using civilians as cannon fodder. They enjoy this.

1:11:07This is a death cult. They say this. You have to read their stuff. They're a death cult that appreciates the fact that people die. So they put them out in front. They want to see as many people die. By the way, the numbers that you're quoting are Hamas Ministry of Health numbers. I mean, that's like saying that MS-13 officials are issuing statements. The only number I quoted was the five journalists. Well, you know, we're talking about, you said, the many noncombatants, the many civilians. You wouldn't dispute that in 18 months Israel has killed thousands of innocent people. I'm not saying you're trying to, but you have.

1:11:39We're actually doing everything we can to avoid it like no one else in the past has. And some experts actually say we have the lowest noncombatant ratio to combatants that have ever existed in modern warfare. My only point is that it's too many. It's too many. We want to end this war. Let's get this war over with. Put the pressure on Mr. Qatari, Mr. Egyptian. Come down and say to Hamas, this is enough. Okay, get out of there. You're not going to get any more support. You have to understand that, you know, Hamas leadership is sitting in Istanbul. Where the hell is Mr. Erdogan? Why are Hamas leadership sitting in Qatar right now?

1:12:15Why is the international community not saying the leadership of Hamas is being closed down, period? So they're there. They're leading this campaign of delegitimization of Israel. It's very PC now. You know, Israel's responsible for genocide. Israel's responsible for apartheid. Israel kills children. Everybody kind of jumps on the bandwagon. We don't. We do everything we possibly can. My own son was killed because we do not kill innocent civilians. He went in on foot into Gaza and led the troops at the beginning of the war. He was killed when he went into a Hamas booby trap. If we were doing what we're being accused of doing, maybe he'd be alive today.

1:12:51And so many of our soldiers that have died are being alive today. And the demonstrations you showed are only half of the demonstrations. The other half of the demonstrations are families of soldiers who are saying to the prime minister, You have to end this war with a defeat of Hamas because otherwise we're going back to October 6th. Before you go, Mr. Ambassador, the name of your fallen son? Moshe. Moshe. May his memory be a blessing. Thank you for being here. I appreciate that, Jake. Thank you so much. And I hope that the war ends soon. I do too. Thank you. Ambassador Leiter, thank you so much.

1:13:20We'll be right back. And we're back with our Business Leaders series where we hear from small business owners from coast to coast about the impact of President Trump's tariffs. Some are in favor. Many are, frankly, struggling to cope. Content Bookstore in Northfield, Minnesota has been an independent bookstore for 11 years, employing 16 people. It also has a dedicated space for children's books and children's toys called Kids Content. An owner, Jessica Peterson-White, joins us now. Jessica, which of your products are you seeing impacted by the tariffs directly? Well, toys, games, puzzles, and like stationery and gift products are by far impacted the most.

1:13:57We are starting to see some price increases in the book world as well. Though books are generally published by really big companies that have a little more time and space to absorb those margins. So it's a slower burn with books. Have you had to raise prices for customers or limit stock or eat the tariff cost? What have you been doing? Yes, we've done a little of all of those things, unfortunately. The tariffs are creating an unprecedented level of chaos and expense for my business and for my customers. I have one example here of a chaotic thing that happened that's creating a big hole in my inventory.

1:14:35So we carry these little Bestie bottles that come from Canada. They've been a great seller for us. I placed an order to restock them at a trade show that I was at in June. And then they weren't ready to ship yet in June. And they come from Quebec. And about three weeks ago, I got an email from the company that was going to ship them to me saying, hey, your order's ready. can you send us the payments? We can ship them out. And at that point, the tariffs would have been, I think, 30 % from Canada on that order. And then I would have, in addition, had to pay the carrier FedEx or UPS brokerage fees on top of that, that might've even been more than the tariffs themselves.

1:15:15So this item here, we used to buy it for$15 and then we sold them for high quality stainless steel water bottle for kids. And they're adorable. They all have different little animal heads. And with the tariff surcharge, we would have, in order to maintain our margin and keep our lights on and make payroll, we would have had to raise the price to over$40 for this item. So I had to cancel the order because I don't think my customers are going to pay that for this product. And that's just one example of so many things where the tariff price increases are killing the product for us. And then creating a hole in our inventory where I have to scramble and find something else that my customers are going to buy.

1:15:56Northfield, Minnesota has two colleges. Are you seeing your customers' behavior start to change when they come shopping for books or toys? Yeah, well, there are a lot of things that are changing. I do think that customers are becoming more price sensitive and we're trying to adjust our assortment accordingly, which is extra difficult right now, given that nine out of 10 invoices on my desk show a price increase compared to what we were paying in January. either just a permanent price increase on the product or a tariff surcharge that's 10, 20, sometimes 30 % on the invoice. So customers are starting to notice that.

1:16:32And I think they're also, some of our customers are tightening their belts and are aware that the economy is changing and are spending less money. The interesting thing for us, I think, is that on the other end of the spectrum, we're a bookstore and we have a lot of new customers coming to us right now, actually, who have recently decided that they're not interested in helping to fund Jeff Bezos's wedding. And so they're coming to us instead to buy books and other things that they would normally want. We lost you, Jessica, but you can shop at Content Bookstore in Northfield, Minnesota, or on their website, Content Bookstore, Northfield, Minnesota.

1:17:15Jessica Peterson White, Thanks so much. Coming up, it's the announcement out of our wildest dreams. Not, no, it's not Jeff Bezos' wedding. It's Taylor Swift and Travis Kelsey. They are engaged. What we're learning about the proposal, the ring, the possible wedding timeline of this American royalty. That's next.

1:17:37So I was like, if this guy isn't crazy, which is a big if, this is sort of what I've been writing songs about wanting to happen to me since I was a teenager. Okay, that's sweet. And our pop culture lead, that's Taylor Swift talking about the beginning of her relationship with Kansas City Chiefs tight end Travis Kelsey. That clip less than two weeks ago on his and his brother Jason Kelsey's New Heights podcast. And now the big news, the two are officially engaged. And honestly, best of luck for a lifetime of happiness to you two crazy kids. We at the lead here, we're all unrepentant Swifties. Let's bring in CNN's Lisa Raspers, France, and Melody Chiu, the executive editorial director at People.

1:18:21Lisa, I know you predicted this just a few weeks ago. So tell us, how are Swifties taking the news? Well, Jake, I feel bad for any employer that has Swifties working for them. They got no work out of that employee today. The Swifties are going crazy. I mean, the cat lady announced her engagement on National Dog Day. So come on. I mean, the Swifties are there over the moon about this news. They're super excited. And now we're having conversations about what are we wearing to the wedding, Jake? Well, I haven't been invited, but congratulations. Melody, you have interviewed Taylor Swift before. What do you think it is about her and Travis and their engagement that might even transcend just music and athletics?

1:19:02sex. Absolutely. I think they're just, despite being two of the biggest stars in the world right now, they're just so relatable. You root for them. Their joy is infectious. You want to celebrate them. And she is exactly what you see. Like you said, I've interviewed her and she is exactly that person. And you just want her to find love. And she did. Just for the, I root for them. I don't root for him in the Super Bowl, but I do root for them as a couple without question. Lisa, if you to guess now, when do you think we're going to see a wedding? Do you think this is like a summer engagement for a summer wedding next year?

1:19:35Yeah, I don't think it's going to happen anytime soon because we have to keep in mind that Taylor has a new album coming out on October 3rd. He has a little thing called the NFL to play for. So I don't think we're going to see a wedding anytime soon, Jake. And Melanie, as was just noted, Taylor's about to drop this new album. Travis is about to start a new season. Do you see the hype around this couple trailing off anytime soon, or is it just going to get even bigger now that they're actually engaged? Oh, no. There is no stopping them. They are on top of the world. I think he is gunning for that Super Bowl ring, and she is going to break all the records, and then we'll hear wedding bells, like Lisa said, maybe in the offseason next year.

1:20:18Lisa, I have to say, that rock is big. I don't know that it's as big as a Super Bowl ring, but it's pretty close. Yeah. Reportedly, he designed that ring and he did good because that ring is something else. It is. It's gorgeous. It is utterly gorgeous. They even got good wishes from President Trump in the cabinet room earlier today, Melody, which is not a small thing, but considering the fact that she is, you know, famously a Democrat and not pro-Trump. Do you think they, at this point, they might even transcend politics? I think so. And like you said, they, she and Trump have had a history. And the fact that even he came around and offered congratulations, not, yeah, not expected today.

1:21:05All right, Lisa France and Melody Chu, thanks to both of you, really appreciate it. Coming up next, why President Trump is now demanding$500 million from Harvard University. That's next.

1:21:22Our last leads start in our Law and Justice lead tomorrow. A federal judge will consider how Kilmar Rhegar Garcia's case to avoid deportation will unfold. Deportation to Uganda. The hearing comes just two days after a district judge barred immigration officials from deporting him while he challenged the Trump administration's plans to deport him to Africa. In our world lead, Australia is kicking out the Iranian ambassador after Australia's intelligence agency concluded that Iran's Islamic Revolutionary Guard Corps was behind at least two anti-Semitic attacks on Australian soil. Both arson attacks, one in October 2024 targeting a kosher restaurant in Sydney.

1:22:02Another last December where two masked assailants threw liquid into a synagogue in Melbourne then lit the liquid on fire. Thankfully, no one was injured. In our national lead, President Trump is calling for Harvard University to pay a$500 million settlement to restore its federal funding after the fight over how they handled anti-Semitism on campus. Harvard is currently the only university challenging the Trump administration in court. A judge is expected to rule in the case any minute. In our sports lead, Cadillac revealed its Formula One team for its inaugural season, signing Grand Prix winners Sergio Perez and Valtteri Bottas on multi-year deals.

1:22:43Both drivers, with multiple wins under their belts, are returning to the grid after being dropped from their previous teams at the end of the 2024 season. You can follow the show on X at The Lead CNN. If you ever miss an episode, you can listen to the show once you get your podcasts. Aaron Burnett Out Front starts now. I'll see you tomorrow.

1:23:04i've just recorded the first episode of our new season talking about the state of play for the imos net zero framework in the wake of the just concluded latest mepc meeting the big question i hear again and again is what happens next and how quickly in this episode i unpack what's moving what's stalling, and what that means for future decisions and timelines. Search for Maritime Impact on your favorite podcast platform. Stay tuned. Hey, it's Ryan Reynolds here for Mint Mobile. Now, I was looking for fun ways to tell you that Mint's offer of unlimited premium wireless for$15 a month is back. So I thought it would be fun if we made$15 bills.

1:23:47But it turns out that's very illegal. So there goes my big idea for the commercial. Well, give it a try at mintmobile.com slash switch. Upfront payment of$45 for three months,$90 for six months, or$180 for 12-month plan required. $15 per month equivalent. Taxes and fees extra. Initial plan term only. Greater than 50 gigabytes may slow when network is busy. See terms.

From the publisher

President Trump is being threatened with a lawsuit as he keeps up his feud with the Federal Reserve by pushing to fire a Federal Reserve board governor, accusing her of mortgage fraud. Plus, blocked highways and burning tires in Israel as Israeli protestors call for a ceasefire deal in Gaza.  
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