July 31, 2025 • 36 mins
Hour 3 of The Clay Travis and Buck Sexton Show delivers a dynamic and wide-ranging discussion centered on healthcare reform, fraud prevention, and political commentary, featuring a high-profile interview with CMS Administrator Dr. Mehmet Oz and FTC Commissioner Melissa Holyoak.
Dr. Oz, now serving as Administrator of the Centers for Medicare and Medicaid Services under the Trump administration, outlines the administration’s ambitious healthcare agenda. He addresses the skyrocketing cost of healthcare in America, the chronic disease epidemic, and the mental health crisis, emphasizing the role of loneliness as a key driver of poor health outcomes. Dr. Oz also highlights a recent White House event where major tech and healthcare companies pledged to return control of medical records to patients and modernize healthcare through digital innovation.
A major focus is the “big beautiful bill” that introduced work requirements for Medicaid recipients, aiming to restore dignity and autonomy to able-bodied Americans while preserving the program’s integrity. Dr. Oz defends the policy as a moral and economic imperative, drawing parallels to President Clinton’s welfare reform.
The conversation shifts to prescription drug pricing, where Dr. Oz announces a new “most favored nation” pricing policy to combat global freeloading and reduce U.S. drug costs. He compares this initiative to NATO’s cost-sharing model, asserting that America should no longer bear the financial burden of global pharmaceutical R&D alone.
Technology’s transformative role in healthcare is another key theme. Dr. Oz discusses how AI, robotics, and automation will streamline care, reduce administrative waste, and combat fraud—highlighting a recent $15 billion DOJ takedown of a multinational criminal network exploiting Medicare.
Later in the hour, FTC Commissioner Melissa Holyoak joins the show to discuss the agency’s efforts to protect consumers from sophisticated scams, including AI-driven voice cloning fraud. She outlines the FTC’s enforcement mechanisms, collaboration with the DOJ, and focus on anti-competitive mergers in the fast-evolving tech sector. Holyoak also promotes the FTC’s “Made in USA” labeling enforcement, encouraging businesses and consumers to report violations.
The hour also features listener talkbacks, humorous banter about strip clubs and churches in Nashville, and a lighthearted segment on Clay’s baby boy “Speed”, whose name has historical ties to Abraham Lincoln’s Attorney General. The hosts also touch on Kamala Harris’s political future, Nancy Pelosi’s insider trading allegations, and Bill Belichick’s new role at UNC, speculating on the media buzz surrounding his 24-year-old girlfriend.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Welcome back in Klay Travis buck Sexton Show. Appreciate all
of you hanging out with us. We are rolling through
the Thursday edition of the program. Encourage you to go
subscribe to the podcast. You can also find us on YouTube,
as we are rapidly approaching one hundred thousand subscribers there,
and hopefully in the near future we'll be able to
put all three hours of the program up on YouTube
(00:24):
as well, so all of you can consume as much
of this as you would like, not only on video
but audio as well. Ninety seven thousand subscribers. By the way,
knock us over one hundred if you would. We are
joined now by doctor Oz, who does a fabulous job
inside of the Trump administration, working on so many different
(00:45):
issues out there. He is the administrator of the Centers
for Medicare and Medicaid Services and working to make health
technology great again. There's a lot going on when it
comes to the cost of health care, for sure, doctor Oz,
you've been dealing with it for your entire life. Are
(01:07):
you optimistic about changes that you guys are going to
be able to implement inside of the Trump administration? Part
one and Part two? What should we expect to see.
Thanks for coming on with us.
Speaker 2 (01:19):
God bless you. I am optimistic, as a doctor often
has to. There's some bad news. I should get out
of the way first, and then we've moved to the growth.
But we are spending twice as much per capita as
any other country in the planet on our people left
expectancy despite that investment is now five years shorter than Europe.
We're sicker. It's one of the reasons that we don't
(01:39):
live as long and that we do have to pay
more because of our chronic illness. This is why the
MAHA movement has gained such traction, because moms know that
it's gotten really hard to be healthy in America. But
the good news is that ninety percent of all the expenses,
nine percent of all the problems that I think we're
facing both paying for health care but also being healthy,
(02:00):
is around chronic disease, which we have some control over,
and mental illness. They work together, and I could say
the number one driver of a hall this is probably loneliness,
because if you're by yourself, there's no one to crutch on.
We are social creatures, you know. Good part of our
brain powers reading the face and listening to the voice
of people around us, and people right now making sense
to play what you're saying just because they can hear
(02:21):
subtle little intonations in your tone, So that all becomes
hugely valuable. And when you lose that, you tend to
become adamized, separate from everybody else. So part of the
challenge in the Trump administration, and President's very very clear
on this, is break the silos down, break down the barriers,
and then use the power to convene. And by that
he means, you know, allow people to know that you're serious,
(02:42):
that you have a stick you'll use if you have to,
but you'd rather use carrots to get them to work
together on their own voluntarily. And that's what happened yesterday
at the White House. President hosted a wonderful event. It
was a sixtieth anniversary by the way of the Forum
Foundation of Medicare and Medicaid, the agencies that I run,
and the President had sixty of the biggest technology companies,
(03:03):
the healthcare companies in America pledge promise they're going to
do business differently. They're going to give the American people
their medical records back. You own them, they're yours, You
paid for them. You got the care that you needed,
and there's information about that you should have access to.
And so we are getting all these companies together, and
together are going to make possible use it on your phone,
(03:26):
the ability to get information and advice about your wellbeing,
to get your doctor bill to message you directly that
may in fact make doctor's appointments, which is hard for
a lot of Americans, and get the whole process to
move forward in the twenty first century, like so many
other sectors of the American economy have with great productivity
and success.
Speaker 3 (03:45):
Doctor Oz. One of the things you're hearing a lot
out there, or we're hearing a lot out there. I'm
sure you do too from people who are critical of
Trump well on everything, but particularly of the Big Beautiful
Bill has to do with throwing millions of people off
of Medicaid. We are told, right this is the talking
point from the Democrats. Can you just break down what
(04:06):
did the Big Beautiful Bill do with respect to Medicaid
and health care funding so that everyone can hear it
from somebody who's living with these spreadsheets right in front
of him.
Speaker 2 (04:17):
The one big beautiful bill saved Medicaid, this beautiful program
that was described by Hubert Humphrey as fulfilling our moral
and government obligation to take care of those at the
dawn of life, the children, those at the toilet of life,
the seniors, and those living in the shadows. Think about
that metaphor, that's who was designed for. Back then, it
(04:39):
never crossed anybody's mind that you would let an able
bodied person live forever on Medicaid without having to at
least tried to participate in the community. And every Democratic president,
every Republican president, has said, the foundation of a social
staatey net is work. You're not supposed to just give
people money and insurance. You're supposed to say, here, this
is something for you to get you back on your
(04:59):
feet again, so that together we can roll the oars
and get society to be productive and get America to thrive.
And that's what this bill did. It creates a work requirement.
President Clinton in the nineties with Well for Reform, did
this and it worked beautifully. Edwin applause. It is a
huge success story. This time the president, our President Trump
does that. Everyone criticizes the village wrong. This was an
(05:20):
opportunity to give the American people who are trapped in
medicaid and the belief that they matter, that they have
autonomy on their life, they have agency. Give them a
chance to get a job, to volunteer, to get educated,
to participate as God gave them the right to do.
We're all put on this plan to do something. And
if you're going to watch six point one hours of
(05:41):
television a day or just hang out, which is what's
that's the number, by the way, for people who are able,
body on medicaid or aren't working, that's not a life.
That's not what you're here for. And so I think
this will be judged very and wisely as a wonderful
contribution to getting America back on the street again. We
got twice any jobs in this country, people willing to
(06:02):
do them. Let's help people connect with the workforce. This
makes that easy, doctor Oz.
Speaker 1 (06:07):
I think one of the things that's incredibly frustrating to
so many people out there who spend so much money
on their healthcare is we pay way more and we
don't get the results that would suggest we should get
based on what we're paying. In other words, when you
look at life expectancy, our numbers are not great. Why
are we getting gouged and other wealthy countries. I understand
(06:29):
why they don't charge as much in countries where people
are vastly inferior in wealth. But Europe pays, for instance,
way less than we do for many of the same drugs.
Certainly Canada and Mexico, people go across the border to
buy the same drugs for a fraction of the cost.
I think that's one of the things that gets people
the most fired up. I know you saw it when
(06:50):
you ran for Senate. I'm sure you still hear it now.
Speaker 4 (06:54):
Well.
Speaker 2 (06:55):
As always, what makes you so successful is your timely questions.
Within the hour, the White House announced a most Favored
Nation prescription price, a letter from the President going out
to all the major companies addressing exactly what you just described,
the gouging of the American people, and the original executive
order that some may remember for a few months ago
(07:17):
asked that this global freeloading stop. So here's what the
President is saying to all the manufacturers, and it's our
job to go out there and now negotiate these prices.
But he's saying, from now on, we don't want brand
prices in American costing three times the exact same product
in the same box, made the same factory as it
costs in Europe. And the metaphor for me is the
(07:38):
NATO deal. So with NATO, there's an external threat, the
President said. Because it's an external threat, we all have
to chip in. But we don't pay the whole bill
in America. You guys have to chip into. That happened,
as you know, with the exception of one country. All
the European countries now are paying their fair share, he argues,
as an internal threat as well illness. Why is it
that America futs the bill for one hundred and thirty
billion dollars of research and develop in pharmaceutical products, and
(08:01):
then on top of that doing all the homework, we
get the drugs out, then we pay most of the
of the money that makes farmer profits. Seventy percent of
farmer profits are made in this country. This is not
the right thing for the American people. Pharmaceutical industry knows that,
they know this is coming, and the letter just went
out literally being mailed as we speak. And our belief
(08:23):
is that within several years we can get most drugs,
the vast majority of these drugs to be most favored
nation pricing. It's going to be a huge asset to
the American people, to governors trying to balance their state budgets,
but it's also the right thing to do. It shows
that America will carry its the right load, but don't
put it on us to cure all the cancer in
the world. Chip in help us out a little bit,
(08:45):
just like with NATO, will do the same thing with
this most favored nation.
Speaker 3 (08:48):
Prescription drug pricing, doctor Oz, how do you foresee technology?
We're in this age of rapidly advancing capabilities with AI
and robotics and all whole range of tools that are
already doing pretty marvelous things or showing marvelous possibility. How
is technology going to be leveraged under this Trump administration,
(09:11):
which obviously you're a part of it, on the health side,
to improve Americans health, to find cures to get us healthier.
Speaker 2 (09:20):
The American people have been waiting too long. We've been
waiting for you to get the right information in the
doctor's office days and days, and it should have been
immediately delivered. We've waited for the surprise bills from hospitals,
to wait for access to our medical directors just to
see stuff that we paid for. And we've been waiting
for Washington to take action. The commitments that the President
made yesterday with all these companies pledging puts an end
(09:42):
to this waiting. Technology is going to allow us to
message you when you want to hear it about things
going on in your life. It's going to allow doctors
to look at you in the eyes and talk to
you as that are having you a chart the whole
time because they got a code so they can and
bill for the encounter. It's going to make it much
easier for us to fast track things like prior authorization
where you're trying to see if an insurance company's going
(10:03):
to pay for something you thought you paid for. All
that's going to become automated much faster. But the real
benefit here, and this is a critical point, is we're
going to be able to cut the fraud, waste, and
abuse out of the system that's destroying it maybe one
hundred billion dollars of administrative costs unnecessarily. You may have
read last month we with a Department of Justice, we
announced the fifty billion dollar takedown. Because we're at one
(10:26):
point eight trillion dollar entity, we're double the size of
the defense budget, and in order to get into our walls.
There are security walls. You can use the numbers that
all Medicare beneficiaries have there their their membership number, and
so foreign companies and countries. Literally the fifteen billion was
a multinational criminal organization that's believed, I believe is based
(10:48):
in Russia. I mean, these are massive operations trying to
take us down. Technology is going to allow us to
protect ourselves. But at its very core, the goal is
not just to keep people alive. It is to get
them be vital, to get them to flourish. The value
of an American who's healthy enough to work is much
much greater than what it costs to treat them. But
we have to actually get at those wonderful folks who
(11:11):
are making mistakes about their lifestyle in a timely fashion.
And technology, especially AI will let us talk to people
in ways that we couldn't have before, to literally baby
sit them through a process that they may be going
through which a doctor just won't do on their own
is just they don't have the time. And it also
allows us to get the rural America which has been
left behind, and that that part of the country thrive.
(11:34):
You should not have folks falling behind every American ought
to be cared for with the dignity to deserve. It
doesn't matter what justif go direct.
Speaker 1 (11:42):
Doctor Oz appreciate you being.
Speaker 2 (11:44):
With us, sir, God bless you, my friends, stay well.
Speaker 1 (11:48):
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Speaker 2 (12:50):
And politics, but also a little comic relief.
Speaker 1 (12:53):
Clay Travis at Buck Sexton. Find them on the free
iHeartRadio app or wherever you get your podcasts.
Speaker 3 (13:00):
All right, welcome back in to Clay in Buck. Come
up here a few seconds, a few minutes rather not
a few seconds. We'll talk to the Commission of the
Federal Trade Commission about what they're doing to protect all
of you. A lot of scams out there, friends, a
lot of sketchy stuff, and FTC has a mandate to
bring the scammers to justice or at least to shut
(13:23):
them down. So we'll talk to her about that, among
other things. FTC maybe up to and we've got some
great talkbacks coming in. Let's say, okay, we'll start with
this one because I know we got Madeline. This is
JJ Madeline from Harrisburg, PA.
Speaker 5 (13:39):
Play it, hi, guys, there's something I wanted to share
with you since booms are back in the news. We
were lucky enough to just return from a trip that
included a stop at Corcator, Greenland, and one of the
sculptures in that village is still a sculpture in the
Fisherman's Wharf is of a boob and it's named the
most Beautiful Thing. It was done by an artist who
(13:59):
did sculptures all over the village. Somehow, when I heard
this from the tour guide, I immediately thought of Clay Travis.
Speaker 3 (14:05):
Can't imagine why, Oh that's nice, But what I'm like,
I'm not sure. I see that you're the boob expert here, like, yeah,
we all appreciate the female form, you know, like, well.
Speaker 1 (14:18):
There's a there's a double a double on tendre they
are going on too, because a boob is also someone
who is not particularly witty or with it right, a
bit of a dullard. So I kind of wonder if
Madeline was also undercutting me a little bit there, because yes,
there's the physical object, but also someone is a boob
(14:39):
if they are not particularly you know, with it, so
to speak. So I don't know, was that a subtle,
a subtle double on tendre that she was like that
talking It's like that talkback was a booby trap. There
you go, by the way he got the VIP email
from Keith. He says Clay's wrong about Kamala running again.
The big liberal donors want nothing to do with her.
(15:03):
So he agrees with you there. However, this is a
heck of a pivot in this email. I don't even
know if you've seen this yet. No, Clay was right.
Clay was right about diversity in strip clubs. What is
what a pivot? What a pivot from Keith? Just covering
all the bases, They are covering all the ground.
Speaker 5 (15:21):
Uh.
Speaker 1 (15:21):
I love that this show. We really we have.
Speaker 3 (15:23):
We have quite a range here in our beloved audience
from UH, from pastors and Sunday school teachers all the
way over to UH strip club proprietors. You know, we
got a whole range of people who listen and there.
Speaker 1 (15:36):
This might be, this might be a good example of
me being from Nashville, because there was a time, I
don't know if it's still true, where Nashville had the
most churches and strip clubs per capita of any city
in America.
Speaker 3 (15:52):
I think which Tampa has the most strip clubs per capita? Now,
don't ask me why, I know that I've really never
been to I would. I actually think that's probably true.
They probably don't have the same number of churches as Nashville.
But yeah, you could send on Saturday and then you
could make it all up on Sunday very easily, sometimes
by side by side. Good Heavens. Clay podcast listener June
(16:12):
KK talkback hit.
Speaker 6 (16:14):
It the nickname for your beautiful baby boy Speed. Is
there a story behind Nan? I know we all have
nicknames for our children, and just wondering if there's a
story behind the Speed.
Speaker 3 (16:26):
Hey, June, it's actually not a nickname. It is his
middle name, it is his name on his birth certificate.
It's a family name. It is my grant, my paternal
grandmother's maiden name. And if you know the Speed Museum
in Kentucky, it is that same family. In fact, Clay,
I just had a genealogist based in Franklin do an
(16:47):
official all the way back to the seventeenth century family.
Speaker 1 (16:53):
That's cool.
Speaker 3 (16:54):
And James Speed was Abraham Lincoln's attorney General and is
a direct relative of that paternal grandmother family line straight back,
so that is where the that is where the Speed
name comes from, as well as Joshua Speed, who was
a good friend of Abraham Lincoln.
Speaker 1 (17:13):
So it's a family name, straight up family name. There
you go.
Speaker 3 (17:16):
It's it's my dad's middle name. Everyone calls my dad's speeds.
We have speed the elder and Speed the younger.
Speaker 1 (17:20):
Now, that's awesome. And and if you missed it earlier,
we had a special baby drop in. You can see
it on video if you go subscribe to the YouTube channel.
Three and a half month old baby boy visiting and
started to show a little bit of For people out
there who have been through the baby business for several months,
(17:43):
you don't necessarily get a lot this. You're starting to
get a little bit of a feedback here, which is
for those of you out there race babies.
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Speaker 1 (18:57):
Welcome back in Clay Travis buck sext Show. Appreciate all
of you hanging out with us. We are joined now
by Melissa Holyoke, Commissioner of the United States Federal Trade Commission.
A lot going on in that world as we break
down all of the different I would say, just insanity
(19:20):
that seems to be going on on a day to
day basis, a lot of different mergers underway, a lot
of different moving parts associated with the tariffs and everything else.
You're new in the job, how has that been for
you so far.
Speaker 7 (19:36):
Oh well, thank you, thank you for having me on.
I'm super excited to be here. Thanks Clay. The job
has been wonderful, it's been amazing. We had a change
in administration in January, so it's nice to finally have
a positive agenda that we can implement. But like you said,
things are changing every day, lots of big things in
(19:56):
our world. I think what's interesting is we get a
lot of questions about rifts, and I will get a
lot of questions about tariffs, but we don't even though
the word trade is in our name, we don't necessarily
do anything with tariffs other than see maybe some of
the consequences of that. So we don't negotiate those or
enforce those. So what we're looking at, what the Federal
(20:18):
Trade Commission does is protect americ consumers in the United States,
mostly from frauds, theirs and scammers, and like you said,
from anti competitive behavior. And we look at mergers in
the world and see what's happening with companies, and we
want to protect Americans from monopolists as well.
Speaker 3 (20:34):
What are some of the thank you for being with
this commissioner's buck, What are some of the primary frauds.
You know, one thing that we have a great sponsor
on the show that deals with identity theft. And one
thing that I've seen is just how sophisticated some of
these efforts are to do that. It's really it used
to be somebody would send you an email saying, you know,
(20:54):
I'll give you a million dollars if you give me
ten thousand, and unfortunately that would work far to you often,
but it's a little bit, a little bit on the
obvious side. Now they're getting really good at pretending to
be from a bank or I mean, what are the
kind of scams or the kind of things the FTC
is focused in on policing these days.
Speaker 7 (21:14):
That's such a great question, I mean, because that is
a majority of our work and what we want to
focus on, and fraud is just growing and growing. Lust
It was ten billion dollars a couple of years ago
and now it's grown twenty five percent to over twelve billion,
and it's what we want to focus on every day.
So and what we're seeing, like you said, is we're
(21:35):
seeing lots of sophisticated frauds and the use of different technologies.
So one of those examples is they use voice cloning technology.
So you'll have a grandma in the middle of the
night get a call from what sounds exactly like her
grandson saying I'm in jail, I need money, send this
to me here, and it sounds just like them. And
(21:56):
those are the kinds of really concerning uh types of
fraud where folks everyone can would get do from it,
not just it does. It's a lot more sophisticated than
some of the things that we've seen in the past,
and we're we're trying to go out and educate consumers
on some of these these more sophisticated frauds.
Speaker 3 (22:17):
What are the enforcement mechanisms, like what can you when
when you find something that's going on. I mean, you're
not the FBI, right, so what what enforcement mechanisms does
the FTC have access to? And how does that process
work when you find the frauds there is them?
Speaker 7 (22:30):
What great question? So what we do is a lot
of the times we're looking at trends of frauds. So
we have a really large database that that we have
that many many states have access to, and we look
at complaints that are coming in. I think one thing
that I want to if I could get a message out.
One thing is to make sure to report the fraud.
(22:51):
We have a website that says that where you can
report the frauds and we take those complaints and we
start from there and able to and in order to
do life. Like you said, investigations, we will issue civil
investigative demands. If we think there's a criminal component to it,
we work with our criminal partners. We will go reach
out to the Department of Justice or others state partners,
(23:14):
US attorneys and districts across the country and work with
them if those types of criminal components are are applicable to.
Speaker 3 (23:25):
So basically you can flag something for DOJ, and then
DJ can actually make it a criminal matter if that's
the kind of fraud you're.
Speaker 7 (23:30):
Talking about exactly. But we don't have to stop just
because there might be a criminal component. A lot of
times we can move really fast in terms of freezing
assets and going in and making sure like to stop
the bleeding and basically have those assets available if, if,
and when we can get some money back to consumers.
Speaker 1 (23:48):
One of the biggest challenges I would imagine in the
merger space is technology and the fact that this thing
is moving so rapidly whether it's AI or elsewhere, that
we typically think of monopoly power as something that leads
to higher prices, But in the universe that we're in now,
some of these huge tech companies are arguing that when
(24:09):
they are merging, when they are buying new assets, it's
actually leading to lower prices. How do you balance all
this out? Because the tech universe has definitely maybe upset
the apple card of what monopolistic power truly looks like.
Speaker 7 (24:26):
I think that's so important that we're actually analyzing what
the harms are. Like you said, we have mergers that
we look at. So many mergers that get filed and
we get notification of them, but in the vast majority
of them, like literally ninety eight percent of cases, there's
no real problems there in terms of the merger, and
in fact, a lot of mergers provide benefits for consumers.
(24:48):
And so what we want to do is make sure
we're getting out of the way if there are our
mergers out there that can really provide benefits, because the
faster that they can move, the better and quicker that
those benefits can go to consumers. And then in the
smaller amount of cases, yes, we'll take a second look
in the two percent cases to see what's happening. But
like you said, in these in tech and in big tech,
(25:09):
these are extremely dynamic markets. Things are chanting all the time,
and we want to be analyzing them correctly. So we're
not providing or we're not preventing any benefits that that
consumers could couldn't.
Speaker 1 (25:23):
Enjoy outstanding stuff. Well, look, we need you back. I
know you got a lot to get on involved in
because we've got what the big rail merger that they're
talking about right now. I'm sure you're going to be
diving into so many of these different cases, so many
of these different decisions. Just keep us on speed dial.
We want you on to be able to bring us
up to speed on so many of these different issues
(25:44):
going forward to congratulations on hopefully being able to get
a lot more done now with the new administration.
Speaker 7 (25:50):
Well, I appreciate that so much. I love the work
that I'm doing. It it's very important. I will say
one thing that is that if I can just leave
with a few last moments thoughts related to the terrorists,
I think there's just been this real reinvigoration of American manufacturing,
(26:10):
American exceptionalism, and the one thing that the FTC has
been focusing on in the month of July is the
maid in the USA and label rule and oh yeah,
enforcement efforts there. And if folks are looking and they're
seeing problems made in the USA labels that they just
don't that are are suspect to them, they can email
(26:32):
us at MUSA at FTC dot org. But we also
work with businesses, So if businesses are trying to comply
with the law and want to make sure that they
are advertising truthfully and really working with consumers on that,
they can also email.
Speaker 1 (26:45):
Us because lots of people plugging for that. Yeah, lots
of people sadly do try and lie about the maide
in the USA. We've done reading and studies on that,
so I'm glad that you can be on top of
it because obviously is something that many people want to
be able to spend their money on. Yes, absolutely, thank
you so much. That's Melissa Hollyoak with the FTC. Look,
(27:09):
we just had an awful story Midtown Manhattan. What happened there?
Innocent lives lost a tunnel of the Towers has been
supporting America's greatest heroes and their families. In fact, they
have already pledged financial assistance to the family of the
New York City police officer who was killed in the
line of duty at that Manhattan office building on Monday.
(27:30):
They did it without fanfare, without the need for news conferences.
In fact, they had no idea we're even talking about
it right now. Producer Ali saw that this was happening
and said, we want to shine a light on it
because it's a great example of how quickly and rapidly
they can respond to tragedy. Tell of the Towers all
about supporting families when their loved ones have been lost
(27:53):
in the line of duty, defending our freedoms, protecting our communities.
Your donations will help pay off a mortgage so a
family does don't lose their home, and that's just one
of hundreds of actions they will take. You can join
us in donating eleven dollars a month a tunnel of
the Towers at t twot dot org. That's t the
number two T dot org again, T two t dot org.
(28:15):
Want to begin to know when you're on the go?
The Team forty seven podcast Trump highlights from the week
Sundays at noon Eastern in the Clay and Buck podcast feed.
Find it on the iHeartRadio amp or wherever you get
your podcasts.
Speaker 3 (28:30):
All right, we're closing up shop today on Clay and Buck,
so we'll get some more talkbacks, calls, emails, galore, all
that stuff. But also reminded you please subscribe to the
YouTube channel. Go to YouTube dot com and go to
at Clayandbuck is the account at Clay and Buck. And
let's do it. Well, actually, let's do this Nancy Pelosi thing.
(28:51):
Nancy Pelosi was on the was on with Fake Tapper
over at CNN, and here is how that went, and
she was asked about insider trading allegations.
Speaker 1 (29:02):
Let's play it this afternoon, President Trump mentioned you and
he made an allegation about your investments. Let me just
read what he said. Nancy Pelosh became rich.
Speaker 8 (29:10):
I might have to read that. We're here to talk
about the sixtieth anniversary of Medicaid.
Speaker 4 (29:15):
That's what I agreed to.
Speaker 8 (29:16):
Come to talk.
Speaker 1 (29:16):
Yeah, but I wanted to that means in the election,
I wanted to give you a chances to respond. He
accused you of insider trading. What's your response to that?
Speaker 8 (29:23):
That's very ridiculous. In fact, I very much support to
stop the trading of members of cost I'm not into it.
My husband is, but it isn't anything to do with
anything inside of it.
Speaker 3 (29:36):
I like how Pelosi is just like Jake, you're here
to do my bidding, Like, shut your face, I'm talking
about something else.
Speaker 1 (29:43):
This is nonsense.
Speaker 3 (29:44):
Like the whole notion that CNN even exists to do
journalism anymore is laughable to everybody, including Democrats. Pelosi's like, Jake,
what do you think you are? You think this is
an interview, you're you're.
Speaker 1 (29:55):
A stenographer for power. Shut your face. I think it
is very funny that she lectured him because she says
she didn't agree to come on and talk about that topic.
I can't remember. And producer, Ali, you probably have been
asked about this sometimes. I don't think we ever do it.
People can say, hey, we'd like to talk about this
new bill, right, Hey I want to come on like that.
(30:17):
You know, we get pitched guests all the time. That
probably doesn't stun you. I don't know if you ever
had this. When I did sports, there would often be
an arrogance about the pitch, and they would say, but
you can't ask coach about X, or you can't ask
player about why, and I would always say, uniformly, why
would I ever have somebody on who thought that they
(30:39):
could dictate what questions could be asked? And so I
think Nancy Pelosi showed you how often Democrats do feel
like when they go on CNN, for instance, they can say, Hey,
we want to go on we want to talk about
this topic Medicare sixtieth anniversary, but we don't want to
actually talk about anything else. And I do think that's interesting.
(31:02):
I got a funny one for you here, Buck. As
we finish up shop yesterday after we went off the air,
Kamala Harris announced that she wasn't going to be running
for governor of California, as we've talked about on the program.
And I hopped on Twitter and I said, smart of
Kamala not to run for governor of California. Democrats definitely
need to nominate her again in twenty twenty eight for president.
(31:24):
Great candidate. Voters just didn't have enough time to get
to know her in twenty four. She'll be phenomenal in
twenty eight. I thought, Okay, that's very sarcastic. Everybody will
get it. But just to be clear, I also said
she should also pick Tim Walls as VP again. Guy
just oozes masculinity. Men didn't get to see him enough
in twenty four. In twenty eight, men will support this
(31:47):
ticket in big numbers. Remember he runs a mean pick
six play. Guy's a stud. Lots of Democrats are now
in my mentions thanking me for speaking up for Kamala Harris.
The jokes just went completely over their heads.
Speaker 3 (32:04):
So they're gonna be real sad when they tune into
this show expecting Clay Travis male feminist and Kamala Harris fan.
Speaker 1 (32:13):
So again we had that discussion. Pole question was up,
do we think she'll run in twenty eight? Buck, you
have won the day's poll question. There are thousands of
you that have voted sixty percent no, she does not run.
Forty percent say yes she will run. For those of
you missed it, I said that I thought she would.
(32:35):
Let's see Sharon and new Hall. Yeah, Sharon in New Hampshire.
What you got for us?
Speaker 9 (32:41):
So two things. I really appreciate that last segment because
my mother was a victim of that middle of the
night scary scams. And then I just really have a
question regarding your pronunciation of many words, but particularly appreciate appreciate.
Speaker 1 (33:01):
I appreciate it. I appreciate, appreciate I I thank you
for but I appreciate you. I appreciate you. Look, I
am a I talk like normal people talk. Sometimes I
even use words that I don't know how to pronounce.
And and this is uh, I guess in New Hampshire
(33:26):
they ah, do I need to talk to the kings.
They appreciate I appreciate you. I appreciate you. I'm not
gonna look I'm not Kamala Harris here pretending as if
I grew up in New Hampshire, where You're gonna be
walking around here and me sound like again like I
was saying earlier that I am a lobsterman from the
(33:47):
from New England.
Speaker 3 (33:48):
Everyone not a lot of lobstermen in New Hampshire. I
think they got about thirty thirty miles of coastline clay.
But the ones they have in New Hampshire are good.
And my understanding is everybody in the whole state of
main all they do is catch a lobster, and they.
Speaker 1 (34:04):
All they think, they catch a lobster and they eat it.
That is ninety nine point nine percent of their gross
domestic product is just straight lobster, which I appreciate.
Speaker 3 (34:15):
Yeah, that's that's that's that's a Nashvillian's view of you
maners out there. DD podcast listener in Outer Banks famous
now because the show Eddie, Let's play It.
Speaker 4 (34:30):
Hello? The game to be watching this college football season?
What's Labor Day evening? The University of North Kina, Tar
Hills and Bill Belichick entertained Texas Christian University. The whole
college football world be watching coach B's debut. ESPN is
sending its a game crew there as well. That's the
(34:51):
one you need to attend.
Speaker 1 (34:53):
Okay, is he still dating the grad student or whatever?
Is that still happening? Grad students being very kind to her?
I think I'm sure she's old enough to be a
grad student yet, Yes, she's Bill Belichick seventy three years old,
has a twenty four year old girlfriend, which, actually, to me,
Buck is a question do you think you will pay
attention to how Bill Belichick does it North Carolina? Because
(35:15):
in general, you don't care much about college football because
of the twenty four year old girlfriend storyline. Because ESPN,
my understanding is eight of the UNC, he's the North
Carolina UNC. Chapel Hill they're calling him Chapel Bill. He
is their head coach. I think they're going to be
enormous audience for him in a way that wouldn't have
(35:39):
happened if he weren't dating. But still people would have cared.
But I think the girlfriend has actually aided the amount
of interest in his coaching debut. Do you think that's
true or you pay attention to this at all?
Speaker 3 (35:52):
I mean, did the Taylor Swift thing help that Kelsey
guy viewing immensely right? So then then I would just
base it on that.
Speaker 1 (36:00):
Say, I would say yes, probably. I think there's lots
of women out there that don't care at all about
UNC football, and I think they will pay attention more
because of the twenty four year old relationship, meaning she's
twenty four, he's seventy three, and maybe that I'm curious
if ESPN will show her because you know she'll be
at the game. It's actually a huge part of the
(36:22):
story now or will that be a controversy over whether
they show her in the crowd and all these things.
This is the kind of thing I think about and
I appreciate, appreciate, I awe, I appreciate all of you.
A appreciate. How are you supposed to say it? I appreciate, y'all.
Speaker 3 (36:37):
I just like you just keep saying it the funny way.
I like the funny way you say it. I appreciate, y'all.
Speaker 1 (36:42):
I do. I appreciate y'all. I Evidently I'm done for
in the New Hampshire primary. Evidently nobody will vote for me.
That's why I'm gonna stay. All the lobster fishermen are
gonna vote. I'm gonna go start lobster fishing.
Speaker 2 (36:54):
Now.
Speaker 1 (36:54):
That's what I'm on
Welcome back in Klay Travis buck Sexton Show. Appreciate all
of you hanging out with us. We are rolling through
the Thursday edition of the program. Encourage you to go
subscribe to the podcast. You can also find us on YouTube,
as we are rapidly approaching one hundred thousand subscribers there,
and hopefully in the near future we'll be able to
put all three hours of the program up on YouTube
(00:24):
as well, so all of you can consume as much
of this as you would like, not only on video
but audio as well. Ninety seven thousand subscribers. By the way,
knock us over one hundred if you would. We are
joined now by doctor Oz, who does a fabulous job
inside of the Trump administration, working on so many different
(00:45):
issues out there. He is the administrator of the Centers
for Medicare and Medicaid Services and working to make health
technology great again. There's a lot going on when it
comes to the cost of health care, for sure, doctor Oz,
you've been dealing with it for your entire life. Are
(01:07):
you optimistic about changes that you guys are going to
be able to implement inside of the Trump administration? Part
one and Part two? What should we expect to see.
Thanks for coming on with us.
Speaker 2 (01:19):
God bless you. I am optimistic, as a doctor often
has to. There's some bad news. I should get out
of the way first, and then we've moved to the growth.
But we are spending twice as much per capita as
any other country in the planet on our people left
expectancy despite that investment is now five years shorter than Europe.
We're sicker. It's one of the reasons that we don't
(01:39):
live as long and that we do have to pay
more because of our chronic illness. This is why the
MAHA movement has gained such traction, because moms know that
it's gotten really hard to be healthy in America. But
the good news is that ninety percent of all the expenses,
nine percent of all the problems that I think we're
facing both paying for health care but also being healthy,
(02:00):
is around chronic disease, which we have some control over,
and mental illness. They work together, and I could say
the number one driver of a hall this is probably loneliness,
because if you're by yourself, there's no one to crutch on.
We are social creatures, you know. Good part of our
brain powers reading the face and listening to the voice
of people around us, and people right now making sense
to play what you're saying just because they can hear
(02:21):
subtle little intonations in your tone, So that all becomes
hugely valuable. And when you lose that, you tend to
become adamized, separate from everybody else. So part of the
challenge in the Trump administration, and President's very very clear
on this, is break the silos down, break down the barriers,
and then use the power to convene. And by that
he means, you know, allow people to know that you're serious,
(02:42):
that you have a stick you'll use if you have to,
but you'd rather use carrots to get them to work
together on their own voluntarily. And that's what happened yesterday
at the White House. President hosted a wonderful event. It
was a sixtieth anniversary by the way of the Forum
Foundation of Medicare and Medicaid, the agencies that I run,
and the President had sixty of the biggest technology companies,
(03:03):
the healthcare companies in America pledge promise they're going to
do business differently. They're going to give the American people
their medical records back. You own them, they're yours, You
paid for them. You got the care that you needed,
and there's information about that you should have access to.
And so we are getting all these companies together, and
together are going to make possible use it on your phone,
(03:26):
the ability to get information and advice about your wellbeing,
to get your doctor bill to message you directly that
may in fact make doctor's appointments, which is hard for
a lot of Americans, and get the whole process to
move forward in the twenty first century, like so many
other sectors of the American economy have with great productivity
and success.
Speaker 3 (03:45):
Doctor Oz. One of the things you're hearing a lot
out there, or we're hearing a lot out there. I'm
sure you do too from people who are critical of
Trump well on everything, but particularly of the Big Beautiful
Bill has to do with throwing millions of people off
of Medicaid. We are told, right this is the talking
point from the Democrats. Can you just break down what
(04:06):
did the Big Beautiful Bill do with respect to Medicaid
and health care funding so that everyone can hear it
from somebody who's living with these spreadsheets right in front
of him.
Speaker 2 (04:17):
The one big beautiful bill saved Medicaid, this beautiful program
that was described by Hubert Humphrey as fulfilling our moral
and government obligation to take care of those at the
dawn of life, the children, those at the toilet of life,
the seniors, and those living in the shadows. Think about
that metaphor, that's who was designed for. Back then, it
(04:39):
never crossed anybody's mind that you would let an able
bodied person live forever on Medicaid without having to at
least tried to participate in the community. And every Democratic president,
every Republican president, has said, the foundation of a social
staatey net is work. You're not supposed to just give
people money and insurance. You're supposed to say, here, this
is something for you to get you back on your
(04:59):
feet again, so that together we can roll the oars
and get society to be productive and get America to thrive.
And that's what this bill did. It creates a work requirement.
President Clinton in the nineties with Well for Reform, did
this and it worked beautifully. Edwin applause. It is a
huge success story. This time the president, our President Trump
does that. Everyone criticizes the village wrong. This was an
(05:20):
opportunity to give the American people who are trapped in
medicaid and the belief that they matter, that they have
autonomy on their life, they have agency. Give them a
chance to get a job, to volunteer, to get educated,
to participate as God gave them the right to do.
We're all put on this plan to do something. And
if you're going to watch six point one hours of
(05:41):
television a day or just hang out, which is what's
that's the number, by the way, for people who are able,
body on medicaid or aren't working, that's not a life.
That's not what you're here for. And so I think
this will be judged very and wisely as a wonderful
contribution to getting America back on the street again. We
got twice any jobs in this country, people willing to
(06:02):
do them. Let's help people connect with the workforce. This
makes that easy, doctor Oz.
Speaker 1 (06:07):
I think one of the things that's incredibly frustrating to
so many people out there who spend so much money
on their healthcare is we pay way more and we
don't get the results that would suggest we should get
based on what we're paying. In other words, when you
look at life expectancy, our numbers are not great. Why
are we getting gouged and other wealthy countries. I understand
(06:29):
why they don't charge as much in countries where people
are vastly inferior in wealth. But Europe pays, for instance,
way less than we do for many of the same drugs.
Certainly Canada and Mexico, people go across the border to
buy the same drugs for a fraction of the cost.
I think that's one of the things that gets people
the most fired up. I know you saw it when
(06:50):
you ran for Senate. I'm sure you still hear it now.
Speaker 4 (06:54):
Well.
Speaker 2 (06:55):
As always, what makes you so successful is your timely questions.
Within the hour, the White House announced a most Favored
Nation prescription price, a letter from the President going out
to all the major companies addressing exactly what you just described,
the gouging of the American people, and the original executive
order that some may remember for a few months ago
(07:17):
asked that this global freeloading stop. So here's what the
President is saying to all the manufacturers, and it's our
job to go out there and now negotiate these prices.
But he's saying, from now on, we don't want brand
prices in American costing three times the exact same product
in the same box, made the same factory as it
costs in Europe. And the metaphor for me is the
(07:38):
NATO deal. So with NATO, there's an external threat, the
President said. Because it's an external threat, we all have
to chip in. But we don't pay the whole bill
in America. You guys have to chip into. That happened,
as you know, with the exception of one country. All
the European countries now are paying their fair share, he argues,
as an internal threat as well illness. Why is it
that America futs the bill for one hundred and thirty
billion dollars of research and develop in pharmaceutical products, and
(08:01):
then on top of that doing all the homework, we
get the drugs out, then we pay most of the
of the money that makes farmer profits. Seventy percent of
farmer profits are made in this country. This is not
the right thing for the American people. Pharmaceutical industry knows that,
they know this is coming, and the letter just went
out literally being mailed as we speak. And our belief
(08:23):
is that within several years we can get most drugs,
the vast majority of these drugs to be most favored
nation pricing. It's going to be a huge asset to
the American people, to governors trying to balance their state budgets,
but it's also the right thing to do. It shows
that America will carry its the right load, but don't
put it on us to cure all the cancer in
the world. Chip in help us out a little bit,
(08:45):
just like with NATO, will do the same thing with
this most favored nation.
Speaker 3 (08:48):
Prescription drug pricing, doctor Oz, how do you foresee technology?
We're in this age of rapidly advancing capabilities with AI
and robotics and all whole range of tools that are
already doing pretty marvelous things or showing marvelous possibility. How
is technology going to be leveraged under this Trump administration,
(09:11):
which obviously you're a part of it, on the health side,
to improve Americans health, to find cures to get us healthier.
Speaker 2 (09:20):
The American people have been waiting too long. We've been
waiting for you to get the right information in the
doctor's office days and days, and it should have been
immediately delivered. We've waited for the surprise bills from hospitals,
to wait for access to our medical directors just to
see stuff that we paid for. And we've been waiting
for Washington to take action. The commitments that the President
made yesterday with all these companies pledging puts an end
(09:42):
to this waiting. Technology is going to allow us to
message you when you want to hear it about things
going on in your life. It's going to allow doctors
to look at you in the eyes and talk to
you as that are having you a chart the whole
time because they got a code so they can and
bill for the encounter. It's going to make it much
easier for us to fast track things like prior authorization
where you're trying to see if an insurance company's going
(10:03):
to pay for something you thought you paid for. All
that's going to become automated much faster. But the real
benefit here, and this is a critical point, is we're
going to be able to cut the fraud, waste, and
abuse out of the system that's destroying it maybe one
hundred billion dollars of administrative costs unnecessarily. You may have
read last month we with a Department of Justice, we
announced the fifty billion dollar takedown. Because we're at one
(10:26):
point eight trillion dollar entity, we're double the size of
the defense budget, and in order to get into our walls.
There are security walls. You can use the numbers that
all Medicare beneficiaries have there their their membership number, and
so foreign companies and countries. Literally the fifteen billion was
a multinational criminal organization that's believed, I believe is based
(10:48):
in Russia. I mean, these are massive operations trying to
take us down. Technology is going to allow us to
protect ourselves. But at its very core, the goal is
not just to keep people alive. It is to get
them be vital, to get them to flourish. The value
of an American who's healthy enough to work is much
much greater than what it costs to treat them. But
we have to actually get at those wonderful folks who
(11:11):
are making mistakes about their lifestyle in a timely fashion.
And technology, especially AI will let us talk to people
in ways that we couldn't have before, to literally baby
sit them through a process that they may be going
through which a doctor just won't do on their own
is just they don't have the time. And it also
allows us to get the rural America which has been
left behind, and that that part of the country thrive.
(11:34):
You should not have folks falling behind every American ought
to be cared for with the dignity to deserve. It
doesn't matter what justif go direct.
Speaker 1 (11:42):
Doctor Oz appreciate you being.
Speaker 2 (11:44):
With us, sir, God bless you, my friends, stay well.
Speaker 1 (11:48):
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Speaker 2 (12:50):
And politics, but also a little comic relief.
Speaker 1 (12:53):
Clay Travis at Buck Sexton. Find them on the free
iHeartRadio app or wherever you get your podcasts.
Speaker 3 (13:00):
All right, welcome back in to Clay in Buck. Come
up here a few seconds, a few minutes rather not
a few seconds. We'll talk to the Commission of the
Federal Trade Commission about what they're doing to protect all
of you. A lot of scams out there, friends, a
lot of sketchy stuff, and FTC has a mandate to
bring the scammers to justice or at least to shut
(13:23):
them down. So we'll talk to her about that, among
other things. FTC maybe up to and we've got some
great talkbacks coming in. Let's say, okay, we'll start with
this one because I know we got Madeline. This is
JJ Madeline from Harrisburg, PA.
Speaker 5 (13:39):
Play it, hi, guys, there's something I wanted to share
with you since booms are back in the news. We
were lucky enough to just return from a trip that
included a stop at Corcator, Greenland, and one of the
sculptures in that village is still a sculpture in the
Fisherman's Wharf is of a boob and it's named the
most Beautiful Thing. It was done by an artist who
(13:59):
did sculptures all over the village. Somehow, when I heard
this from the tour guide, I immediately thought of Clay Travis.
Speaker 3 (14:05):
Can't imagine why, Oh that's nice, But what I'm like,
I'm not sure. I see that you're the boob expert here, like, yeah,
we all appreciate the female form, you know, like, well.
Speaker 1 (14:18):
There's a there's a double a double on tendre they
are going on too, because a boob is also someone
who is not particularly witty or with it right, a
bit of a dullard. So I kind of wonder if
Madeline was also undercutting me a little bit there, because yes,
there's the physical object, but also someone is a boob
(14:39):
if they are not particularly you know, with it, so
to speak. So I don't know, was that a subtle,
a subtle double on tendre that she was like that
talking It's like that talkback was a booby trap. There
you go, by the way he got the VIP email
from Keith. He says Clay's wrong about Kamala running again.
The big liberal donors want nothing to do with her.
(15:03):
So he agrees with you there. However, this is a
heck of a pivot in this email. I don't even
know if you've seen this yet. No, Clay was right.
Clay was right about diversity in strip clubs. What is
what a pivot? What a pivot from Keith? Just covering
all the bases, They are covering all the ground.
Speaker 5 (15:21):
Uh.
Speaker 1 (15:21):
I love that this show. We really we have.
Speaker 3 (15:23):
We have quite a range here in our beloved audience
from UH, from pastors and Sunday school teachers all the
way over to UH strip club proprietors. You know, we
got a whole range of people who listen and there.
Speaker 1 (15:36):
This might be, this might be a good example of
me being from Nashville, because there was a time, I
don't know if it's still true, where Nashville had the
most churches and strip clubs per capita of any city
in America.
Speaker 3 (15:52):
I think which Tampa has the most strip clubs per capita? Now,
don't ask me why, I know that I've really never
been to I would. I actually think that's probably true.
They probably don't have the same number of churches as Nashville.
But yeah, you could send on Saturday and then you
could make it all up on Sunday very easily, sometimes
by side by side. Good Heavens. Clay podcast listener June
(16:12):
KK talkback hit.
Speaker 6 (16:14):
It the nickname for your beautiful baby boy Speed. Is
there a story behind Nan? I know we all have
nicknames for our children, and just wondering if there's a
story behind the Speed.
Speaker 3 (16:26):
Hey, June, it's actually not a nickname. It is his
middle name, it is his name on his birth certificate.
It's a family name. It is my grant, my paternal
grandmother's maiden name. And if you know the Speed Museum
in Kentucky, it is that same family. In fact, Clay,
I just had a genealogist based in Franklin do an
(16:47):
official all the way back to the seventeenth century family.
Speaker 1 (16:53):
That's cool.
Speaker 3 (16:54):
And James Speed was Abraham Lincoln's attorney General and is
a direct relative of that paternal grandmother family line straight back,
so that is where the that is where the Speed
name comes from, as well as Joshua Speed, who was
a good friend of Abraham Lincoln.
Speaker 1 (17:13):
So it's a family name, straight up family name. There
you go.
Speaker 3 (17:16):
It's it's my dad's middle name. Everyone calls my dad's speeds.
We have speed the elder and Speed the younger.
Speaker 1 (17:20):
Now, that's awesome. And and if you missed it earlier,
we had a special baby drop in. You can see
it on video if you go subscribe to the YouTube channel.
Three and a half month old baby boy visiting and
started to show a little bit of For people out
there who have been through the baby business for several months,
(17:43):
you don't necessarily get a lot this. You're starting to
get a little bit of a feedback here, which is
for those of you out there race babies.
Speaker 3 (17:51):
He he's laughing and giggling all the time. Now, baby
giggles are really the greatest absolute in the world. Under
the category of what you invest in today will pay
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In fact, in just the last year, gold is increased
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Speaker 1 (18:57):
Welcome back in Clay Travis buck sext Show. Appreciate all
of you hanging out with us. We are joined now
by Melissa Holyoke, Commissioner of the United States Federal Trade Commission.
A lot going on in that world as we break
down all of the different I would say, just insanity
(19:20):
that seems to be going on on a day to
day basis, a lot of different mergers underway, a lot
of different moving parts associated with the tariffs and everything else.
You're new in the job, how has that been for
you so far.
Speaker 7 (19:36):
Oh well, thank you, thank you for having me on.
I'm super excited to be here. Thanks Clay. The job
has been wonderful, it's been amazing. We had a change
in administration in January, so it's nice to finally have
a positive agenda that we can implement. But like you said,
things are changing every day, lots of big things in
(19:56):
our world. I think what's interesting is we get a
lot of questions about rifts, and I will get a
lot of questions about tariffs, but we don't even though
the word trade is in our name, we don't necessarily
do anything with tariffs other than see maybe some of
the consequences of that. So we don't negotiate those or
enforce those. So what we're looking at, what the Federal
(20:18):
Trade Commission does is protect americ consumers in the United States,
mostly from frauds, theirs and scammers, and like you said,
from anti competitive behavior. And we look at mergers in
the world and see what's happening with companies, and we
want to protect Americans from monopolists as well.
Speaker 3 (20:34):
What are some of the thank you for being with
this commissioner's buck, What are some of the primary frauds.
You know, one thing that we have a great sponsor
on the show that deals with identity theft. And one
thing that I've seen is just how sophisticated some of
these efforts are to do that. It's really it used
to be somebody would send you an email saying, you know,
(20:54):
I'll give you a million dollars if you give me
ten thousand, and unfortunately that would work far to you often,
but it's a little bit, a little bit on the
obvious side. Now they're getting really good at pretending to
be from a bank or I mean, what are the
kind of scams or the kind of things the FTC
is focused in on policing these days.
Speaker 7 (21:14):
That's such a great question, I mean, because that is
a majority of our work and what we want to
focus on, and fraud is just growing and growing. Lust
It was ten billion dollars a couple of years ago
and now it's grown twenty five percent to over twelve billion,
and it's what we want to focus on every day.
So and what we're seeing, like you said, is we're
(21:35):
seeing lots of sophisticated frauds and the use of different technologies.
So one of those examples is they use voice cloning technology.
So you'll have a grandma in the middle of the
night get a call from what sounds exactly like her
grandson saying I'm in jail, I need money, send this
to me here, and it sounds just like them. And
(21:56):
those are the kinds of really concerning uh types of
fraud where folks everyone can would get do from it,
not just it does. It's a lot more sophisticated than
some of the things that we've seen in the past,
and we're we're trying to go out and educate consumers
on some of these these more sophisticated frauds.
Speaker 3 (22:17):
What are the enforcement mechanisms, like what can you when
when you find something that's going on. I mean, you're
not the FBI, right, so what what enforcement mechanisms does
the FTC have access to? And how does that process
work when you find the frauds there is them?
Speaker 7 (22:30):
What great question? So what we do is a lot
of the times we're looking at trends of frauds. So
we have a really large database that that we have
that many many states have access to, and we look
at complaints that are coming in. I think one thing
that I want to if I could get a message out.
One thing is to make sure to report the fraud.
(22:51):
We have a website that says that where you can
report the frauds and we take those complaints and we
start from there and able to and in order to
do life. Like you said, investigations, we will issue civil
investigative demands. If we think there's a criminal component to it,
we work with our criminal partners. We will go reach
out to the Department of Justice or others state partners,
(23:14):
US attorneys and districts across the country and work with
them if those types of criminal components are are applicable to.
Speaker 3 (23:25):
So basically you can flag something for DOJ, and then
DJ can actually make it a criminal matter if that's
the kind of fraud you're.
Speaker 7 (23:30):
Talking about exactly. But we don't have to stop just
because there might be a criminal component. A lot of
times we can move really fast in terms of freezing
assets and going in and making sure like to stop
the bleeding and basically have those assets available if, if,
and when we can get some money back to consumers.
Speaker 1 (23:48):
One of the biggest challenges I would imagine in the
merger space is technology and the fact that this thing
is moving so rapidly whether it's AI or elsewhere, that
we typically think of monopoly power as something that leads
to higher prices, But in the universe that we're in now,
some of these huge tech companies are arguing that when
(24:09):
they are merging, when they are buying new assets, it's
actually leading to lower prices. How do you balance all
this out? Because the tech universe has definitely maybe upset
the apple card of what monopolistic power truly looks like.
Speaker 7 (24:26):
I think that's so important that we're actually analyzing what
the harms are. Like you said, we have mergers that
we look at. So many mergers that get filed and
we get notification of them, but in the vast majority
of them, like literally ninety eight percent of cases, there's
no real problems there in terms of the merger, and
in fact, a lot of mergers provide benefits for consumers.
(24:48):
And so what we want to do is make sure
we're getting out of the way if there are our
mergers out there that can really provide benefits, because the
faster that they can move, the better and quicker that
those benefits can go to consumers. And then in the
smaller amount of cases, yes, we'll take a second look
in the two percent cases to see what's happening. But
like you said, in these in tech and in big tech,
(25:09):
these are extremely dynamic markets. Things are chanting all the time,
and we want to be analyzing them correctly. So we're
not providing or we're not preventing any benefits that that
consumers could couldn't.
Speaker 1 (25:23):
Enjoy outstanding stuff. Well, look, we need you back. I
know you got a lot to get on involved in
because we've got what the big rail merger that they're
talking about right now. I'm sure you're going to be
diving into so many of these different cases, so many
of these different decisions. Just keep us on speed dial.
We want you on to be able to bring us
up to speed on so many of these different issues
(25:44):
going forward to congratulations on hopefully being able to get
a lot more done now with the new administration.
Speaker 7 (25:50):
Well, I appreciate that so much. I love the work
that I'm doing. It it's very important. I will say
one thing that is that if I can just leave
with a few last moments thoughts related to the terrorists,
I think there's just been this real reinvigoration of American manufacturing,
(26:10):
American exceptionalism, and the one thing that the FTC has
been focusing on in the month of July is the
maid in the USA and label rule and oh yeah,
enforcement efforts there. And if folks are looking and they're
seeing problems made in the USA labels that they just
don't that are are suspect to them, they can email
(26:32):
us at MUSA at FTC dot org. But we also
work with businesses, So if businesses are trying to comply
with the law and want to make sure that they
are advertising truthfully and really working with consumers on that,
they can also email.
Speaker 1 (26:45):
Us because lots of people plugging for that. Yeah, lots
of people sadly do try and lie about the maide
in the USA. We've done reading and studies on that,
so I'm glad that you can be on top of
it because obviously is something that many people want to
be able to spend their money on. Yes, absolutely, thank
you so much. That's Melissa Hollyoak with the FTC. Look,
(27:09):
we just had an awful story Midtown Manhattan. What happened there?
Innocent lives lost a tunnel of the Towers has been
supporting America's greatest heroes and their families. In fact, they
have already pledged financial assistance to the family of the
New York City police officer who was killed in the
line of duty at that Manhattan office building on Monday.
(27:30):
They did it without fanfare, without the need for news conferences.
In fact, they had no idea we're even talking about
it right now. Producer Ali saw that this was happening
and said, we want to shine a light on it
because it's a great example of how quickly and rapidly
they can respond to tragedy. Tell of the Towers all
about supporting families when their loved ones have been lost
(27:53):
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Your donations will help pay off a mortgage so a
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(28:15):
Want to begin to know when you're on the go?
The Team forty seven podcast Trump highlights from the week
Sundays at noon Eastern in the Clay and Buck podcast feed.
Find it on the iHeartRadio amp or wherever you get
your podcasts.
Speaker 3 (28:30):
All right, we're closing up shop today on Clay and Buck,
so we'll get some more talkbacks, calls, emails, galore, all
that stuff. But also reminded you please subscribe to the
YouTube channel. Go to YouTube dot com and go to
at Clayandbuck is the account at Clay and Buck. And
let's do it. Well, actually, let's do this Nancy Pelosi thing.
(28:51):
Nancy Pelosi was on the was on with Fake Tapper
over at CNN, and here is how that went, and
she was asked about insider trading allegations.
Speaker 1 (29:02):
Let's play it this afternoon, President Trump mentioned you and
he made an allegation about your investments. Let me just
read what he said. Nancy Pelosh became rich.
Speaker 8 (29:10):
I might have to read that. We're here to talk
about the sixtieth anniversary of Medicaid.
Speaker 4 (29:15):
That's what I agreed to.
Speaker 8 (29:16):
Come to talk.
Speaker 1 (29:16):
Yeah, but I wanted to that means in the election,
I wanted to give you a chances to respond. He
accused you of insider trading. What's your response to that?
Speaker 8 (29:23):
That's very ridiculous. In fact, I very much support to
stop the trading of members of cost I'm not into it.
My husband is, but it isn't anything to do with
anything inside of it.
Speaker 3 (29:36):
I like how Pelosi is just like Jake, you're here
to do my bidding, Like, shut your face, I'm talking
about something else.
Speaker 1 (29:43):
This is nonsense.
Speaker 3 (29:44):
Like the whole notion that CNN even exists to do
journalism anymore is laughable to everybody, including Democrats. Pelosi's like, Jake,
what do you think you are? You think this is
an interview, you're you're.
Speaker 1 (29:55):
A stenographer for power. Shut your face. I think it
is very funny that she lectured him because she says
she didn't agree to come on and talk about that topic.
I can't remember. And producer, Ali, you probably have been
asked about this sometimes. I don't think we ever do it.
People can say, hey, we'd like to talk about this
new bill, right, Hey I want to come on like that.
(30:17):
You know, we get pitched guests all the time. That
probably doesn't stun you. I don't know if you ever
had this. When I did sports, there would often be
an arrogance about the pitch, and they would say, but
you can't ask coach about X, or you can't ask
player about why, and I would always say, uniformly, why
would I ever have somebody on who thought that they
(30:39):
could dictate what questions could be asked? And so I
think Nancy Pelosi showed you how often Democrats do feel
like when they go on CNN, for instance, they can say, Hey,
we want to go on we want to talk about
this topic Medicare sixtieth anniversary, but we don't want to
actually talk about anything else. And I do think that's interesting.
(31:02):
I got a funny one for you here, Buck. As
we finish up shop yesterday after we went off the air,
Kamala Harris announced that she wasn't going to be running
for governor of California, as we've talked about on the program.
And I hopped on Twitter and I said, smart of
Kamala not to run for governor of California. Democrats definitely
need to nominate her again in twenty twenty eight for president.
(31:24):
Great candidate. Voters just didn't have enough time to get
to know her in twenty four. She'll be phenomenal in
twenty eight. I thought, Okay, that's very sarcastic. Everybody will
get it. But just to be clear, I also said
she should also pick Tim Walls as VP again. Guy
just oozes masculinity. Men didn't get to see him enough
in twenty four. In twenty eight, men will support this
(31:47):
ticket in big numbers. Remember he runs a mean pick
six play. Guy's a stud. Lots of Democrats are now
in my mentions thanking me for speaking up for Kamala Harris.
The jokes just went completely over their heads.
Speaker 3 (32:04):
So they're gonna be real sad when they tune into
this show expecting Clay Travis male feminist and Kamala Harris fan.
Speaker 1 (32:13):
So again we had that discussion. Pole question was up,
do we think she'll run in twenty eight? Buck, you
have won the day's poll question. There are thousands of
you that have voted sixty percent no, she does not run.
Forty percent say yes she will run. For those of
you missed it, I said that I thought she would.
(32:35):
Let's see Sharon and new Hall. Yeah, Sharon in New Hampshire.
What you got for us?
Speaker 9 (32:41):
So two things. I really appreciate that last segment because
my mother was a victim of that middle of the
night scary scams. And then I just really have a
question regarding your pronunciation of many words, but particularly appreciate appreciate.
Speaker 1 (33:01):
I appreciate it. I appreciate, appreciate I I thank you
for but I appreciate you. I appreciate you. Look, I
am a I talk like normal people talk. Sometimes I
even use words that I don't know how to pronounce.
And and this is uh, I guess in New Hampshire
(33:26):
they ah, do I need to talk to the kings.
They appreciate I appreciate you. I appreciate you. I'm not
gonna look I'm not Kamala Harris here pretending as if
I grew up in New Hampshire, where You're gonna be
walking around here and me sound like again like I
was saying earlier that I am a lobsterman from the
(33:47):
from New England.
Speaker 3 (33:48):
Everyone not a lot of lobstermen in New Hampshire. I
think they got about thirty thirty miles of coastline clay.
But the ones they have in New Hampshire are good.
And my understanding is everybody in the whole state of
main all they do is catch a lobster, and they.
Speaker 1 (34:04):
All they think, they catch a lobster and they eat it.
That is ninety nine point nine percent of their gross
domestic product is just straight lobster, which I appreciate.
Speaker 3 (34:15):
Yeah, that's that's that's that's a Nashvillian's view of you
maners out there. DD podcast listener in Outer Banks famous
now because the show Eddie, Let's play It.
Speaker 4 (34:30):
Hello? The game to be watching this college football season?
What's Labor Day evening? The University of North Kina, Tar
Hills and Bill Belichick entertained Texas Christian University. The whole
college football world be watching coach B's debut. ESPN is
sending its a game crew there as well. That's the
(34:51):
one you need to attend.
Speaker 1 (34:53):
Okay, is he still dating the grad student or whatever?
Is that still happening? Grad students being very kind to her?
I think I'm sure she's old enough to be a
grad student yet, Yes, she's Bill Belichick seventy three years old,
has a twenty four year old girlfriend, which, actually, to me,
Buck is a question do you think you will pay
attention to how Bill Belichick does it North Carolina? Because
(35:15):
in general, you don't care much about college football because
of the twenty four year old girlfriend storyline. Because ESPN,
my understanding is eight of the UNC, he's the North
Carolina UNC. Chapel Hill they're calling him Chapel Bill. He
is their head coach. I think they're going to be
enormous audience for him in a way that wouldn't have
(35:39):
happened if he weren't dating. But still people would have cared.
But I think the girlfriend has actually aided the amount
of interest in his coaching debut. Do you think that's
true or you pay attention to this at all?
Speaker 3 (35:52):
I mean, did the Taylor Swift thing help that Kelsey
guy viewing immensely right? So then then I would just
base it on that.
Speaker 1 (36:00):
Say, I would say yes, probably. I think there's lots
of women out there that don't care at all about
UNC football, and I think they will pay attention more
because of the twenty four year old relationship, meaning she's
twenty four, he's seventy three, and maybe that I'm curious
if ESPN will show her because you know she'll be
at the game. It's actually a huge part of the
(36:22):
story now or will that be a controversy over whether
they show her in the crowd and all these things.
This is the kind of thing I think about and
I appreciate, appreciate, I awe, I appreciate all of you.
A appreciate. How are you supposed to say it? I appreciate, y'all.
Speaker 3 (36:37):
I just like you just keep saying it the funny way.
I like the funny way you say it. I appreciate, y'all.
Speaker 1 (36:42):
I do. I appreciate y'all. I Evidently I'm done for
in the New Hampshire primary. Evidently nobody will vote for me.
That's why I'm gonna stay. All the lobster fishermen are
gonna vote. I'm gonna go start lobster fishing.
Speaker 2 (36:54):
Now.
Speaker 1 (36:54):
That's what I'm on
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