We begin with updates on reconciliation. Not a single transformational provision is in the bill, and there are numerous problematic provisions. It codifies Biden’s levels of Medicaid spending, which negates Trump’s entire strategy of bringing down prescription drug prices. The more we print money to subsidize the scam, the more it bids up prices. Next, we’re joined by former FBI whistleblower Steve Friend, who has a sobering analysis of what has and hasn’t been done at his former agency under the new administration. Friend raises concerns that too many bad actors have not been fired while at the same time the whistleblowers have not been restored. He believes that its new leadership is mistakenly taking a “hearts and minds” approach to the swamp rather than orchestrating a violent takeover. He believes that instead the FBI leadership needs to take the teeth of enforcement out of the FBI or focus its purview on a narrow set of complex international crimes. If we fail to do so, Friend believes that coupled with AI technology and existing FISA 702 authorities, the FBI will be a worse nightmare than we could even imagine under the next Democrat president.
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