House Panel Demands Answers: Clintons, FBI Chiefs Called to Testify plus Trump’s Tariff Triumph

Episode Transcript
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Speaker 1 (00:01):
I was telling the President that he did the right
thing in calling for a new head of the Bureau
of Labor Statistics, because the shows that over the last
two years of the Biden administration, the BLS overestimated job
creation by one point five million jobs. That's a hug,
that's a gigantic hero.

Speaker 2 (00:19):
If you're listening to the forty seven Morning Update with
Ben ferguson.

Speaker 3 (00:23):
Good Friday morning, so nice to have you with us
on the forty seven Morning Update. And we've got two
big stories for you. First up, House Oversight Committee Chairman
James Comer announcing that he has issued major subpoenas for
some of the most powerful political figures of the past
thirty years. Who's on the list. I'll have that for

(00:44):
you in just a moment. Also, President Donald Trump making
major moves when it comes to tariffs, putting America first
in our economy as well as the workers, and the
big issue for him making sure that we have manufacturing
in America. How's it playing out around the world. Will
have the latest threats from the President and also some

(01:06):
of what he had to say about countries that are
buying Russian oil. All right, I want to take a moment.
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(03:25):
Elliott Precious Medals Smarter Metal Investing starts with them. It's
the forty seven Morning Update and it starts right now.
Story number one US House panel has subpoenaed Bill and
Hillary Clinton for Epstein testimony. The House Oversite Committee also
issuing subpoenas for several former attorney generals and FBI directors. Now,

(03:47):
the House Oversite Committee, led by James Comer, issuing the
subpoenas to Bill and Hillary Clinton, as well as these
other that I mentioned a moment ago, as well as
directors of the FBI. What are they demanding testimony relay
to the horrific crimes perpetrated by Jeffrey Epstein. Now, to
be very clear, these subpoenas are going to some of
the most powerful political figures of the past three decades,

(04:11):
and they will testify in the investigation centering around Epstein.
I want to give you the list that was put
out so that you understand who all is going to
be testifying. Those that are now under subpoena are number one,
former US Attorney General Bill Barr. He will give his
testimony August the seventeenth or eighteenth. Then the former US

(04:33):
Attorney General Alberto Gonzalez August the twenty six, Former US
Attorney General Jeff Sessions August the twenty eighth, former ABI
director Robert Mueller September the second, former US Attorney General
Loretta Lynch September the ninth, former US Attorney General Eric
Holder September the thirtieth, Attorney General Merrick Garland October the second,

(04:53):
and then former ABI director James Comy October seventh, former
Secretary of State Hillary Clinton October the ninth, and former
President Bill Clinton October the fourteenth. If you look at
the subpoena timeline, it's very clear this is going among
both conservative and liberals, and it seems to be building
towards the big questions for former President Bill Clinton and

(05:16):
Hillary Clinton. In October, Now, the House Oversight Committee, through
Chairman Comer, subpoena the Department of Justice for all records
related to Jeffrey Epstein in accordance with a bipartisan vote
by the Federal Law Enforcement Subcommittee on July the twenty third.

Speaker 4 (05:32):
Now.

Speaker 3 (05:32):
That vote included an amendment from Representative Summer Lee, a
Democrat from Pennsylvania, to expand the scope of the DOJ
subpoena in a separate motion that was also introduced by
Representative Scott Perry, a Republican from Pennsylvania, and then it
was approved by a voice vote. The subcommittee then directed
the chairman to compel testimony from Bill and Hillary Clinton,

(05:54):
along with several former US Attorney generals and FBI directors.
The move is part of the committee's quote broader investigation
into the federal government's handling of the Epstein case. And
associated individuals, including Maxwell. You'll remember her as the woman
who is in prison, Epstein's longtime accomplice who is currently

(06:14):
serving a twenty year sentence for sex trafficking of miners.
Bill Clinton's documented interactions with Jeffrey Epstein also include multiple
flights aboard the now famous Loureti Express, according to his
own twenty twenty four memoir Citizen, My Life after the
White House. In the book, Clinton acknowledged the flights but

(06:36):
downplayed the relationship, writing quote, I wish I'd never met him.
Epstein also, by the way, visit the White House at
least seventeen times alone. In nineteen ninety three, during Clinton's
first year in office. It was also reported by bright
Bart News that the Department of Justice filed a motion
in the United States District Court for the Southern District

(06:56):
of New York to unseal grand jury transcripts as associated
with Epstein's indictment, penning court approval. The move, made at
the direction of the Attorney General, also comes amid mounting
Congressional scrutiny of the DOJ's leadership. It's past and present leadership,
including the former FBI directors James Comy, and Robert Mueller,

(07:17):
both of whom have been subpoena to testify before that
House Oversight Committee.

Speaker 4 (07:21):
Now.

Speaker 3 (07:21):
During in exchange with the reporters on July the twenty fifth,
President Trump criticized the media for focusing on accusations against him,
while in his view, ignoring former President Clinton's connection to
Jeffrey Epstein, saying, quote, you ought to be speaking about
Bill Clinton, who went to the island twenty eight times.
Trump said, Then he said, I never went to the island.

(07:42):
So here we are. We have the actual paperwork that's
been filed. These subpoenas have been unleashed, and Clinton Comy
Garland Mueller are now ordered to testify in the Jeffrey
Epstein probe. The goal here to finally get answers, and
it is answers that now span for a thirty year
period and something that every American deserves to.

Speaker 4 (08:05):
Hear the truth on now.

Speaker 2 (08:06):
Story number two.

Speaker 3 (08:07):
Donald Trump promised that he was going to put America first,
and he promised that he was going to do it,
especially when it came to trade deals where America was
being taken advantage of by countries literally all over the world.
And he was going to do it by imposing more
tariffs to make it fair trade. He was tired of
American jobs disappearing, American manufacturing disappearing, and again America just

(08:30):
being taken advantage of by countries that had no problem
importing their goods in the US, but weren't even taking
our goods, and even in places like the UK a
strong ally of ours. Well, now we're hearing that Donald
Trump could impose more tariffs on China over Russian oil.

Speaker 4 (08:48):
But here's the point that I want to make before
we get to that. The media was wrong.

Speaker 3 (08:52):
They claimed it was all doom and gloom, tariffs weren't
going to work, that it was going to be bare
shelves for the Americans as you went to your favorite
store to get basic necessities, and then it was going
to put us into a recession. None of that happened.
Larry Kudlow at Fox News Channel saying this.

Speaker 5 (09:09):
Yeah, and you know, I remember when everyone said the
market would crash, inflation would skyrocket because of these terroriffts.
But that's not what's happening. And now you've got billions
of dollars coming in. Larry, I want to go I
want to pivot in here, because yeah.

Speaker 6 (09:24):
That's an important point though, just to you know, we're
thirty seconds here. All the gloom and doom, tariff inflation,
tariff recession, tariff catastrophe, none of that has happened. Okay.
And in fact, as you noted earlier, the tariff revenues
are pouring in. Okay, he could do as much as
four hundred billion this year alone in tariff revenues. Imports

(09:49):
from China, or let's say, Chinese exports to the United States,
all right, their lowest point in over twenty years. Our
trade deficit through June is that it's Oh's point in
the last two years. Okay. These are all positives, And
basically what he's saying is he wants a level playing
field and he wants to protect the American economy. People

(10:11):
have been taking advantage of the United States and that's
coming to an end now. Instead of warfare, you know,
set of retaliation or the so called world tariff war, no,
it's deal making, deal making everywhere the deal maker in
chiefe place, yes, exactly. And you know a place like Japan,
which is difficult, or South Korea, which is difficult, or

(10:33):
the European Union which is difficult. So I would say
he's gotten off to a great start on this policy.

Speaker 3 (10:40):
Not only has he gotten off to a great start,
but other countries are starting to come to the table
quickly to make sure they get their deal done as
fast as they can now. The presidents also talked about
what he's going to do with pharmaceuticals, making it clear
that he is going to be putting tariffs on pharmaceuticals.

Speaker 4 (10:57):
Why because he wants them made.

Speaker 3 (10:59):
In our country and not us depending on other nations
like China from a national security standpoint. Listen to President
on CNBC on.

Speaker 7 (11:07):
That chips We'll be putting a initially small tariff on pharmaceuticals,
but in one year, one and a half year's maximum,
it's going to go to one hundred and fifty percent,
and then it's going to go to two hundred and
fifty percent because we want pharmaceuticals made in our country.
And that's not the chipsack like Biden did because he
didn't know what he was doing, where they gave billions
of dollars to companies that had more money than they

(11:29):
knew what to do with.

Speaker 3 (11:30):
Which brings me to the new point that Donald Trump
is making the new frontier on tariffs. We're now being
told from the White House. The President Trump is now
saying he will announce further tariffs on China, similar to
the twenty five percent duties announced earlier on India over
its purchases of Russian oil, depending on what happens. He said,

(11:52):
it could happen, Trump told reporters after saying he expected
to announce more secondary sanctions aimed at pressuring Russia to
and it's war in Ukraine. He said, quote, it may happen.
I can't tell you yet. We did it with India,
We're doing it probably with a couple of others. One
of them could be China. Trump on Wednesday imposed an

(12:12):
additional twenty five percent tariff on Indian goods on top
of a twenty five percent tariff anounced previously, citing its
continued purchases of Russian oil.

Speaker 4 (12:24):
Now, the White House order did.

Speaker 3 (12:25):
Not mention China, which is another big purchaser of Russian oil.
Last week, the Treasury Secretary Scott Dessent warned China that
it could also face new tariffs if it continued buying
the Russian oil. So China is also responding to this
as well, and there is escalation between the two countries.
As China pushes back at the US with their own

(12:48):
comments against the president, Here's what they said. China quote
will always ensure its energy supply in ways that serves
our national interest, is what the Chinese Foreign Ministry posted
on acts following two days of trade negotiations in Stockholm.
Responding to the US threat of one hundred percent tariff
coercion and pressuring will not achieve anything. China will firmly

(13:13):
defended sovereignty, security and development interest, the ministry went on
to say.

Speaker 4 (13:17):
Now the response is.

Speaker 3 (13:19):
Notable at a time when both Beijing and Washington are
signaling optimism and goodwill between the two countries when it
comes to well getting a deal done after climbing down
from sky high tariffs and harsh trade restrictions. It also
underscores China's confidence in playing hardball, the country says when
dealing with President Trump and his administration, especially when trade

(13:42):
is linked to its energy and foreign policies. The President
saying I'm not afraid and making it clear that if
you're buying from Russia, it's going to be a problem
for the United States of America. And that's exactly why
the President's continuing to keep the course because the tariffs
seem to be working.

Speaker 2 (14:00):
Thank you for listening to the forty seven Morning Update
with Ben Ferguson. Please make sure you hit subscribe wherever
you're listening to this podcast right now and for more
in depth news, also subscribe to the Ben Ferguson podcast
and we will see you back here tomorrow

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.css-14f5ked{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:2;overflow:hidden;}House Panel Demands Answers: Clintons, FBI Chiefs Called to Testify plus Trump’s Tariff Triumph