🧭 1. Border Security and Immigration Enforcement
The first half of the podcast discusses recent developments in border enforcement, particularly in Texas. Key points include:
- Arrests of Migrants: Despite lower overall border apprehensions, Texas law enforcement continues to arrest migrants who have entered the U.S. illegally.
- Specific Incidents: Examples include arrests of Chinese nationals, migrants from Uzbekistan, and human smuggling cases involving vehicles and drugs.
- Role of Law Enforcement: Texas DPS, National Guard, and Border Patrol are portrayed as more effective under the Trump administration.
- Statistical Comparisons: The document contrasts border apprehension numbers between the Biden and Trump administrations, claiming a dramatic drop in illegal crossings and improved security.
- Political Messaging: The narrative emphasizes that Trump’s policies have made the border “the most secure it has ever been,” citing tweets and statements from figures like Kristi Noem.
🧭 2. Executive Order on Political Debanking
The second half shifts focus to a proposed executive order by Donald Trump:
- Purpose of the Order: To penalize banks for allegedly terminating customer relationships based on political beliefs.
- Targeted Groups: Conservatives, Second Amendment supporters, Christian and missionary organizations.
- Regulatory Action: The order would empower federal agencies (DOJ, SBA, banking regulators) to investigate and fine banks for violations of laws like the Equal Credit Opportunity Act and antitrust laws.
- Political Framing: The move is framed as a defense of free speech and political neutrality in financial services, with Trump positioned as a protector of conservative values.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Are you considering taking over the DC Police.
Speaker 2 (00:03):
Is not an option on the footbe We're considering it, Yeah,
because the crime is ridiculous. I could show you a
chart comparing DC to other locations and you're not going
to want to see what it looks like. Now, we
want to have a great, safe capital and we're going
to have it. We're going to beautify this city. We're
going to make it beautiful. What a shame the rate
of crime, the rate of muggings, killings and everything else.
(00:25):
We're not going to let it. And that includes bringing
in the National Guard, maybe very quickly too.
Speaker 3 (00:29):
You're listening to the forty seven Morning Update with Ben Ferguson.
Speaker 1 (00:33):
Good Saturday morning to you.
Speaker 4 (00:35):
Ben Ferguson with you, and these are some of the
stories that you may have missed that we talked about
this week on the forty seven Morning Update. First up,
the White House snabbing a number of bad Own braids
with very little border crossings, and the media is not
telling you about how successful this administration is it finding
(00:55):
those that are breaking into this country that are a
threat to all of us. Bus we're hearing now from
Donald Trumps White House. An executive order is on its
way over debanking of conservatives by small, mid size, and
especially large banks that are attacking Conservatives and Christians solely
(01:17):
based because of their belief system.
Speaker 1 (01:20):
I'll break that down for you in a second.
Speaker 4 (01:22):
All right, I want to take a moment talk about
the economy. You've been seeing what's happening on Wall Street,
You've seen what's been happening with interest rates, and you've
probably seen gold prices hitting all time record highs. Why
because there is uncertainty all over the world right now,
and when there is uncertain times, you want real answers
about your financial stability. Well, at Kurt Elliott Precious Metals,
(01:45):
you get more than gold and silver. You get trusted
guidance from a team that puts people first always. You
also get transparency. This is why I recommend them. Their
mission is clear. They want to help you protect what
matters most with real metals, real service, and real clarity.
Now here's why I love what they do at Kirk
(02:08):
Elliott Precious Metals number one bullyon only approach. They focus
on investment grade metals, not overpriced quote collectibles or gimmick
products that cost you an insane amount of money for
what you're actually getting. What they do is they sell
you more metal for your money and fair value when
it's time for you to actually sell. They also have
(02:30):
upfront transparent pricing, just eight percent when you buy and
zero commissions when you go to sell. There are no
hidden fees on top of that ever, that is the
reason why I recommend them. They also make sure they
give you personalized guidance for you. You're never just a number,
(02:51):
no pressure, always real answers, and they make sure that
you are in control. So if you're ready for real,
honest clarity and all of the BS taken out, visit
k e PM dot com slash ben that's k e
PM dot com slash ben to schedule your personal portfolio review.
(03:15):
Ask about today's unique market window and how the current
silver to gold ratio might work in your favor. Protect
what matters, plan with clarity k e PM dot com
slash Ben or seven two zero six oh five thirty
nine hundred. That's seven two zero six oh five thirty
(03:36):
nine hundred. Kurt Elliott Precious Metals. Smarter Metal Investing starts
with them. It's the forty seven Morning Update and it
starts right now.
Speaker 3 (03:44):
Story number one.
Speaker 1 (03:46):
I want to get to another important issue. Uh.
Speaker 4 (03:49):
It's a big one, and it's one that so many
Americans have, especially the media, have really really really overlooked
it completely. That's part of what I like to do
here is bring you different information that others are refusing
to cover. And this one is one that is really
(04:10):
interesting because the number of arrests of migrant got aways
continuing now in Texas despite record low apprehensions at the border.
The media doesn't want you to know how many bad
own braids we have right now in this country. The
Texas Department of Public Safety troopers, the National guardsmen, and
the Border Patrol agents are continuing to arrest migrants to
(04:32):
illegally cross the border between the ports of entry and
made their way into the US interior. The Trump administration
has just released more info. Recent arrests include three Chinese
nationals who got away from the border after crossing near
Mission Texas. What we now know is that this was
an operation that Texas DPS did. They posted video to
(04:54):
social media showing the continuing activities of the troopers, the
garment and Border patrol agents, who, despite these record low
apprehensions of the border said now their job is to
fine migrants being smuggled into the interior Texas after not
being apprehended at the border. Law enforcement teams they say
are real problems are having facing real problems because they're
(05:15):
going after and continue to seize drugs that are being
smuggled into Texas. You have human smuggling arrests that are
are still happening each and every day. You have canine
teams now that are actually being able to do their
draw jobs by tracking and assisting US Port Patrol in
the tracking of these drugs. We're seeing drug seizures, they said,
in Brownsville, Texas, stolen vehicles that are being used by
(05:38):
the cartels, and others that are that are grabbed in Laredo, Texas,
for example. This is just some of what is happening
at the border. We also know this past week that
smugglers were sentenced to ten years in prison. You've got
pursuits to ranch tracks to all these missions that are happening,
and they're wanting people to understand what's going on here now.
(06:00):
One example that was reported was on July the thirty first.
One of the videos they put out show Border Patrol
mounted patrolled teams tracking migrants in Duval County, Texas. The
team tracked the illegal alien to attempt to escape by
using thick brushes cover. That's where the Texas DPSK nine
team managed to apprehend the two legal aliens and turn
them over to Border patrol agents.
Speaker 1 (06:20):
Now, they weren't able.
Speaker 4 (06:21):
To do this type of work before because they were
babysitting illegal immigrants at the border under the Biden administration.
Earlier on Thursday, for example, they reported the arrests of
these three Chinese nationals that were apprehended near Mission, Texas
after clearing the border without encountering a border patrol agent.
And this is part of the problem. Now the troopers say,
we're getting to do our jobs. Now they were to
(06:42):
stop the human smuggling attempts. Last week, also in De
Mint County, Texas, they pulled over a Florida driver. The
troopers fround two Mexican nationals illegally president in the US,
hiding in the rear cargo area of the suv. Again,
another example of the bad own braids that we're talking about.
On July third, for example, it was reported what did
the arrest of ten illegal aliens near Mission. These included
(07:03):
four migrants from Uzbekistan, Now, why does that matter, Well,
it's a hotbed for terrorism. That's one of the big
concerns here is that how many people have come in
this country illegally that are terrorists and wanting to do
things and do real harm inside the United States of America. Now,
in June, to put this in perspective of where we
are now because of a strong border security from this
(07:25):
President Donald Trump, border patrol agents apprehended three thousand, nine
hundred and ninety five migrants who illegally crossed the border
into five Texas based sectors. Let me just explain to
you the difference between June of this year and June
of twenty twenty four, when Joe Biden was like, everybody,
come in, we have an open border. They caught thirty thousand,
(07:47):
seven hundred and sixty six compared to three thousand, nine
hundred and ninety five one year apart.
Speaker 1 (07:52):
What changed? A president that is enforcing the law.
Speaker 4 (07:55):
The Southwest Land border encounters that were reported and public
by the US Customs and Border Protection said, this is
now going back to a point that we can manage
and protect the border compared to what it was now.
If you do the math on that, this represents a
drop of now more than eighty seven.
Speaker 1 (08:13):
Percent year over year.
Speaker 4 (08:15):
The June apprehension numbers are also down from five four
hundred ninety one migrants apprehended in May. So this is
also sending a message around the world you probably don't
want to try because you're going to get caught. And
it's not an open border that we had under the
radicals in the Biden regime. Border apprehensions in the Texas
based sectors and June accounted for approximately sixty six percent
(08:38):
of all migrants apprehended along the southern border with Mexico.
Nearly four thousand, six hundred migrants were apprehended in all
nine border patrol sectors along the southwest border in July.
That marks she had another historic low for the Trump administration.
So Christy Noome put it out this way, and she
said in her tweet where she was going through all
(08:59):
these numbers, and again, why is the media not telling
you how safe the border has become? Because they don't
want you to know this. Okay, history made again is
how Christy Noome put it. The numbers don't lie. This
the most secure the border has ever been. President Donald
Trump didn't just manage the crisis. He obliterated it. No
more excuses. Christy Nome said, no more releases. We put
(09:21):
the cartels on defense and taken our border back. She
then said, in July the lowest nationwide encounter number ever
twenty four thousand, six hundred and thirty. That is down
two point four percent from June. But here's the number
that you're going to care about. It's ninety percent lower
than the monthly average under the last administration. The lowest
(09:42):
border patrol apprehensions nationwide also six thousand, one hundred and
seventy seven. That shattered, by the way, June's all time
low as well. She went on to say, this the
lowest Southwest border apprehensions we've ever seen, four thousand, five
hundred and ninety eight, nearly five hundred fewer than the
daily average under the last administration, which averaged five thousand,
(10:04):
one hundred and ten apprehensions per day from February of
twenty twenty one to December of twenty twenty four. We
also have the lowest daily apprehension average, just one hundred
and forty eight per day. That's lower than the average
rate of one hundred and fifty two apprehensions every two
hours under the Biden administration last July alone, So we're
doing one hundred and forty eight a day in apprehensions.
(10:26):
They were doing one hundred and fifty two every two hours,
every hour of the day twenty four to seven last July.
And then she finally says, this the lowest single day
apprehensions in history eighty eight at the Southwest border, one
hundred and sixteen nationwide on July the twentieth. Now look
at the calendar right now and where we are. What
you're hearing and what we're seeing from border patrol agents
(10:48):
and from the Trump administration is that the word is
getting out. Do you really want to go into incredible
debt to try to come to America to immediately get
caught and then be sent home? Do you want to
pay these smugglers to get you in and you're going
to get caught? You look at the lowest single day
apprehension in history eighty eighth the Southwest border.
Speaker 1 (11:05):
And one hundred and sixteen nation one on July twentieth.
Speaker 4 (11:07):
Now I say that because you may say, well, okay,
hold on, maybe there was a bad weather day. No
it wasn't. It was actually a great weather day. Why nay,
on July twentieth, did you have these numbers drop that much?
Because that's the last day we have reported and public
access to what Donald Trump is doing is he's going
after and using ICE and they're going after the illegal
immigrants everywhere they are, including sanctuary cities. Word is getting
(11:30):
back to the smugglers and the human traffickers and those
that were paying them that it may not be worth
you paying them because you're probably not going to make it.
And that is how Trump is making America safe again.
Speaker 3 (11:43):
Now story number two.
Speaker 4 (11:45):
In a major move to protect all Americans, the White
House were now being told is preparing a new executive
order that would find banks, small, medium, and the largest
for dropping customers for political reasons. The Wall Street Journal
is reporting on it now. The order directs bank regulators
(12:08):
to investigate whether any financial institutions might have violated the
Equal Credit Opportunity Act, antitrust laws, or consumer financial protection laws,
the journal reported, citing a draft text of the order.
The order, which could be signed as early as this week,
provides for monetary penalties, consent decrees, or other disciplinary measures
(12:35):
against violators. The order also directs regulators to strike policies
they have that might have contributed to banks dropping certain customers,
and requires the Small Business Association to review the practices
of banks that guarantee the agency's loans. Now, this is
(12:56):
a major move for protecting specific conservatives that have been
debanked by large banks and small banks alike. There are
many in the Second Amendment community that have also been
debanked as well. There are Christian organizations that have been debanked,
missionary organizations that have been debanked, and conservative organizations that
(13:21):
have been debanked, especially during the Biden years. Now the
President saying, you can't do that. It's un American and
we're not going to allow it to stand.
Speaker 1 (13:32):
Now.
Speaker 4 (13:33):
Reuters is also reporting at this hour that the White
House is apparently working on this at a rapid pace
because they believe it is time to hold banks accountable
that targeted people specifically for their political beliefs.
Speaker 1 (13:49):
Now, after speaking with.
Speaker 4 (13:51):
People at the White House late this afternoon, here's what
I can also tell you. The White House, I've been told,
is in fact preparing an executive order that would empower
the regulators to penalize banks for quote, terminating customer relationships
based on political beliefs. These penalties could include hefty fines,
(14:11):
I'm being told, and also disciplinary actions. Now, financial regulators
would be instructed to investigate potential breaches not only the
Equal Credit Opportunity Act I mentioned earlier and antitrust laws,
but also consumer protection regulations by banks accused of politically
motivated actions against those who had bank accounts at their bank.
(14:37):
The draft order also calls on policymakers to revoke existing
internal bank policies that actually may have led to politically
motivated account closures, and directs the Small Business Administration to
review loan back practices that could involve similar issues as well. Now,
(14:57):
although no banks are mentioned by, the order appears tied
to public criticism of major institutions such as JP, Morgan Chase,
and Bank of America accused of severing ties with conservative clients,
a charge that of course they strongly deny, and the
(15:17):
Wall Street Journal has reported on this extensively recently. Now,
according to others, the order could be signed like I
said this week, potentially spelling major trouble for big banks.
Speaker 1 (15:31):
Now.
Speaker 4 (15:31):
This move reflects Donald Trump's ongoing concern, especially from conservative circles,
about political bias or debanking and financial services. It forms
part of a broader regulatory agenda to ensure economic institutions
remain neutral and customers aren't penalized for political beliefs. At
(15:53):
the end of the day, the President of the United
States of America wants to make sure you're not targeted
because you voted for him, and in the future, to
make sure that no matter who you vote for, you're
not targeted by a bank. Now, the order has not
been officially issued yet, and there's a very good chance
there will be changes that are made in the coming
(16:13):
days and hours. Banks and regulators also are remaining relatively quiet,
and the White House is saying they're willing to talk,
but there's many that are scared what may be coming
down the pipeline. And the big question is this, which
agencies are actually going to lead enforcement oversight I'm being
(16:35):
told is likely going to be by federal banking regulators,
the Department of Justice, and the SPA. Implementation details are
going to work through the White House and the hours
and days ahead. At the end of the day, what
does this mean, Well, it means that dun Up Trump's
looking out for conservatives that have been targeted solely because
(16:57):
of our political beliefs.
Speaker 1 (17:00):
Xactly why so many Americans voted for it.
Speaker 3 (17:02):
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 on Monday morning.
Are you considering taking over the DC Police.
Speaker 2 (00:03):
Is not an option on the footbe We're considering it, Yeah,
because the crime is ridiculous. I could show you a
chart comparing DC to other locations and you're not going
to want to see what it looks like. Now, we
want to have a great, safe capital and we're going
to have it. We're going to beautify this city. We're
going to make it beautiful. What a shame the rate
of crime, the rate of muggings, killings and everything else.
(00:25):
We're not going to let it. And that includes bringing
in the National Guard, maybe very quickly too.
Speaker 3 (00:29):
You're listening to the forty seven Morning Update with Ben Ferguson.
Speaker 1 (00:33):
Good Saturday morning to you.
Speaker 4 (00:35):
Ben Ferguson with you, and these are some of the
stories that you may have missed that we talked about
this week on the forty seven Morning Update. First up,
the White House snabbing a number of bad Own braids
with very little border crossings, and the media is not
telling you about how successful this administration is it finding
(00:55):
those that are breaking into this country that are a
threat to all of us. Bus we're hearing now from
Donald Trumps White House. An executive order is on its
way over debanking of conservatives by small, mid size, and
especially large banks that are attacking Conservatives and Christians solely
(01:17):
based because of their belief system.
Speaker 1 (01:20):
I'll break that down for you in a second.
Speaker 4 (01:22):
All right, I want to take a moment talk about
the economy. You've been seeing what's happening on Wall Street,
You've seen what's been happening with interest rates, and you've
probably seen gold prices hitting all time record highs. Why
because there is uncertainty all over the world right now,
and when there is uncertain times, you want real answers
about your financial stability. Well, at Kurt Elliott Precious Metals,
(01:45):
you get more than gold and silver. You get trusted
guidance from a team that puts people first always. You
also get transparency. This is why I recommend them. Their
mission is clear. They want to help you protect what
matters most with real metals, real service, and real clarity.
Now here's why I love what they do at Kirk
(02:08):
Elliott Precious Metals number one bullyon only approach. They focus
on investment grade metals, not overpriced quote collectibles or gimmick
products that cost you an insane amount of money for
what you're actually getting. What they do is they sell
you more metal for your money and fair value when
it's time for you to actually sell. They also have
(02:30):
upfront transparent pricing, just eight percent when you buy and
zero commissions when you go to sell. There are no
hidden fees on top of that ever, that is the
reason why I recommend them. They also make sure they
give you personalized guidance for you. You're never just a number,
(02:51):
no pressure, always real answers, and they make sure that
you are in control. So if you're ready for real,
honest clarity and all of the BS taken out, visit
k e PM dot com slash ben that's k e
PM dot com slash ben to schedule your personal portfolio review.
(03:15):
Ask about today's unique market window and how the current
silver to gold ratio might work in your favor. Protect
what matters, plan with clarity k e PM dot com
slash Ben or seven two zero six oh five thirty
nine hundred. That's seven two zero six oh five thirty
(03:36):
nine hundred. Kurt Elliott Precious Metals. Smarter Metal Investing starts
with them. It's the forty seven Morning Update and it
starts right now.
Speaker 3 (03:44):
Story number one.
Speaker 1 (03:46):
I want to get to another important issue. Uh.
Speaker 4 (03:49):
It's a big one, and it's one that so many
Americans have, especially the media, have really really really overlooked
it completely. That's part of what I like to do
here is bring you different information that others are refusing
to cover. And this one is one that is really
(04:10):
interesting because the number of arrests of migrant got aways
continuing now in Texas despite record low apprehensions at the border.
The media doesn't want you to know how many bad
own braids we have right now in this country. The
Texas Department of Public Safety troopers, the National guardsmen, and
the Border Patrol agents are continuing to arrest migrants to
(04:32):
illegally cross the border between the ports of entry and
made their way into the US interior. The Trump administration
has just released more info. Recent arrests include three Chinese
nationals who got away from the border after crossing near
Mission Texas. What we now know is that this was
an operation that Texas DPS did. They posted video to
(04:54):
social media showing the continuing activities of the troopers, the
garment and Border patrol agents, who, despite these record low
apprehensions of the border said now their job is to
fine migrants being smuggled into the interior Texas after not
being apprehended at the border. Law enforcement teams they say
are real problems are having facing real problems because they're
(05:15):
going after and continue to seize drugs that are being
smuggled into Texas. You have human smuggling arrests that are
are still happening each and every day. You have canine
teams now that are actually being able to do their
draw jobs by tracking and assisting US Port Patrol in
the tracking of these drugs. We're seeing drug seizures, they said,
in Brownsville, Texas, stolen vehicles that are being used by
(05:38):
the cartels, and others that are that are grabbed in Laredo, Texas,
for example. This is just some of what is happening
at the border. We also know this past week that
smugglers were sentenced to ten years in prison. You've got
pursuits to ranch tracks to all these missions that are happening,
and they're wanting people to understand what's going on here now.
(06:00):
One example that was reported was on July the thirty first.
One of the videos they put out show Border Patrol
mounted patrolled teams tracking migrants in Duval County, Texas. The
team tracked the illegal alien to attempt to escape by
using thick brushes cover. That's where the Texas DPSK nine
team managed to apprehend the two legal aliens and turn
them over to Border patrol agents.
Speaker 1 (06:20):
Now, they weren't able.
Speaker 4 (06:21):
To do this type of work before because they were
babysitting illegal immigrants at the border under the Biden administration.
Earlier on Thursday, for example, they reported the arrests of
these three Chinese nationals that were apprehended near Mission, Texas
after clearing the border without encountering a border patrol agent.
And this is part of the problem. Now the troopers say,
we're getting to do our jobs. Now they were to
(06:42):
stop the human smuggling attempts. Last week, also in De
Mint County, Texas, they pulled over a Florida driver. The
troopers fround two Mexican nationals illegally president in the US,
hiding in the rear cargo area of the suv. Again,
another example of the bad own braids that we're talking about.
On July third, for example, it was reported what did
the arrest of ten illegal aliens near Mission. These included
(07:03):
four migrants from Uzbekistan, Now, why does that matter, Well,
it's a hotbed for terrorism. That's one of the big
concerns here is that how many people have come in
this country illegally that are terrorists and wanting to do
things and do real harm inside the United States of America. Now,
in June, to put this in perspective of where we
are now because of a strong border security from this
(07:25):
President Donald Trump, border patrol agents apprehended three thousand, nine
hundred and ninety five migrants who illegally crossed the border
into five Texas based sectors. Let me just explain to
you the difference between June of this year and June
of twenty twenty four, when Joe Biden was like, everybody,
come in, we have an open border. They caught thirty thousand,
(07:47):
seven hundred and sixty six compared to three thousand, nine
hundred and ninety five one year apart.
Speaker 1 (07:52):
What changed? A president that is enforcing the law.
Speaker 4 (07:55):
The Southwest Land border encounters that were reported and public
by the US Customs and Border Protection said, this is
now going back to a point that we can manage
and protect the border compared to what it was now.
If you do the math on that, this represents a
drop of now more than eighty seven.
Speaker 1 (08:13):
Percent year over year.
Speaker 4 (08:15):
The June apprehension numbers are also down from five four
hundred ninety one migrants apprehended in May. So this is
also sending a message around the world you probably don't
want to try because you're going to get caught. And
it's not an open border that we had under the
radicals in the Biden regime. Border apprehensions in the Texas
based sectors and June accounted for approximately sixty six percent
(08:38):
of all migrants apprehended along the southern border with Mexico.
Nearly four thousand, six hundred migrants were apprehended in all
nine border patrol sectors along the southwest border in July.
That marks she had another historic low for the Trump administration.
So Christy Noome put it out this way, and she
said in her tweet where she was going through all
(08:59):
these numbers, and again, why is the media not telling
you how safe the border has become? Because they don't
want you to know this. Okay, history made again is
how Christy Noome put it. The numbers don't lie. This
the most secure the border has ever been. President Donald
Trump didn't just manage the crisis. He obliterated it. No
more excuses. Christy Nome said, no more releases. We put
(09:21):
the cartels on defense and taken our border back. She
then said, in July the lowest nationwide encounter number ever
twenty four thousand, six hundred and thirty. That is down
two point four percent from June. But here's the number
that you're going to care about. It's ninety percent lower
than the monthly average under the last administration. The lowest
(09:42):
border patrol apprehensions nationwide also six thousand, one hundred and
seventy seven. That shattered, by the way, June's all time
low as well. She went on to say, this the
lowest Southwest border apprehensions we've ever seen, four thousand, five
hundred and ninety eight, nearly five hundred fewer than the
daily average under the last administration, which averaged five thousand,
(10:04):
one hundred and ten apprehensions per day from February of
twenty twenty one to December of twenty twenty four. We
also have the lowest daily apprehension average, just one hundred
and forty eight per day. That's lower than the average
rate of one hundred and fifty two apprehensions every two
hours under the Biden administration last July alone, So we're
doing one hundred and forty eight a day in apprehensions.
(10:26):
They were doing one hundred and fifty two every two hours,
every hour of the day twenty four to seven last July.
And then she finally says, this the lowest single day
apprehensions in history eighty eight at the Southwest border, one
hundred and sixteen nationwide on July the twentieth. Now look
at the calendar right now and where we are. What
you're hearing and what we're seeing from border patrol agents
(10:48):
and from the Trump administration is that the word is
getting out. Do you really want to go into incredible
debt to try to come to America to immediately get
caught and then be sent home? Do you want to
pay these smugglers to get you in and you're going
to get caught? You look at the lowest single day
apprehension in history eighty eighth the Southwest border.
Speaker 1 (11:05):
And one hundred and sixteen nation one on July twentieth.
Speaker 4 (11:07):
Now I say that because you may say, well, okay,
hold on, maybe there was a bad weather day. No
it wasn't. It was actually a great weather day. Why nay,
on July twentieth, did you have these numbers drop that much?
Because that's the last day we have reported and public
access to what Donald Trump is doing is he's going
after and using ICE and they're going after the illegal
immigrants everywhere they are, including sanctuary cities. Word is getting
(11:30):
back to the smugglers and the human traffickers and those
that were paying them that it may not be worth
you paying them because you're probably not going to make it.
And that is how Trump is making America safe again.
Speaker 3 (11:43):
Now story number two.
Speaker 4 (11:45):
In a major move to protect all Americans, the White
House were now being told is preparing a new executive
order that would find banks, small, medium, and the largest
for dropping customers for political reasons. The Wall Street Journal
is reporting on it now. The order directs bank regulators
(12:08):
to investigate whether any financial institutions might have violated the
Equal Credit Opportunity Act, antitrust laws, or consumer financial protection laws,
the journal reported, citing a draft text of the order.
The order, which could be signed as early as this week,
provides for monetary penalties, consent decrees, or other disciplinary measures
(12:35):
against violators. The order also directs regulators to strike policies
they have that might have contributed to banks dropping certain customers,
and requires the Small Business Association to review the practices
of banks that guarantee the agency's loans. Now, this is
(12:56):
a major move for protecting specific conservatives that have been
debanked by large banks and small banks alike. There are
many in the Second Amendment community that have also been
debanked as well. There are Christian organizations that have been debanked,
missionary organizations that have been debanked, and conservative organizations that
(13:21):
have been debanked, especially during the Biden years. Now the
President saying, you can't do that. It's un American and
we're not going to allow it to stand.
Speaker 1 (13:32):
Now.
Speaker 4 (13:33):
Reuters is also reporting at this hour that the White
House is apparently working on this at a rapid pace
because they believe it is time to hold banks accountable
that targeted people specifically for their political beliefs.
Speaker 1 (13:49):
Now, after speaking with.
Speaker 4 (13:51):
People at the White House late this afternoon, here's what
I can also tell you. The White House, I've been told,
is in fact preparing an executive order that would empower
the regulators to penalize banks for quote, terminating customer relationships
based on political beliefs. These penalties could include hefty fines,
(14:11):
I'm being told, and also disciplinary actions. Now, financial regulators
would be instructed to investigate potential breaches not only the
Equal Credit Opportunity Act I mentioned earlier and antitrust laws,
but also consumer protection regulations by banks accused of politically
motivated actions against those who had bank accounts at their bank.
(14:37):
The draft order also calls on policymakers to revoke existing
internal bank policies that actually may have led to politically
motivated account closures, and directs the Small Business Administration to
review loan back practices that could involve similar issues as well. Now,
(14:57):
although no banks are mentioned by, the order appears tied
to public criticism of major institutions such as JP, Morgan Chase,
and Bank of America accused of severing ties with conservative clients,
a charge that of course they strongly deny, and the
(15:17):
Wall Street Journal has reported on this extensively recently. Now,
according to others, the order could be signed like I
said this week, potentially spelling major trouble for big banks.
Speaker 1 (15:31):
Now.
Speaker 4 (15:31):
This move reflects Donald Trump's ongoing concern, especially from conservative circles,
about political bias or debanking and financial services. It forms
part of a broader regulatory agenda to ensure economic institutions
remain neutral and customers aren't penalized for political beliefs. At
(15:53):
the end of the day, the President of the United
States of America wants to make sure you're not targeted
because you voted for him, and in the future, to
make sure that no matter who you vote for, you're
not targeted by a bank. Now, the order has not
been officially issued yet, and there's a very good chance
there will be changes that are made in the coming
(16:13):
days and hours. Banks and regulators also are remaining relatively quiet,
and the White House is saying they're willing to talk,
but there's many that are scared what may be coming
down the pipeline. And the big question is this, which
agencies are actually going to lead enforcement oversight I'm being
(16:35):
told is likely going to be by federal banking regulators,
the Department of Justice, and the SPA. Implementation details are
going to work through the White House and the hours
and days ahead. At the end of the day, what
does this mean, Well, it means that dun Up Trump's
looking out for conservatives that have been targeted solely because
(16:57):
of our political beliefs.
Speaker 1 (17:00):
Xactly why so many Americans voted for it.
Speaker 3 (17:02):
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 on Monday morning.
Host
Ben Ferguson
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