00:00sent the quorum be dispensed with that objection so mr president last night the new york times
00:06reported that a criminal investigation has been opened into jerome powell the chairman of the
00:12federal reserve board anyone with two eyes and half a brain knows exactly what this criminal
00:19probe represents a brazen attempt by donald trump to cannibalize the feds independence
00:26the allegations behind this probe are clearly bogus this has nothing to do with building
00:32renovations of all things it has everything to do with donald trump weaponizing the doj
00:38into his attack dog and bullying america's central bank into submission on something unrelated to
00:47what they do this is another ominous troubling step toward the magification of america's
00:55monetary policy which is the bedrock of the global economy and essential for stability in the markets
01:01so the american people should beware if you're worried about making sure mortgage rates come
01:08down and making it easier to buy a home donald trump's attack on the fed should trouble you
01:14deeply if you're worried about what the economy is going to look like in the next six months 12 months
01:20and beyond donald trump's attack on the fed should alarm you if you're a senate republican in this
01:27chamber who has at any point spoken out about the feds independence about the need to bring inflation
01:32down about the importance of law and order now is the time to find your voice and to take a stand
01:40the bogus criminal probe conducted by the doj screams for congressional oversight we need to bring doj
01:53officials to testify before the senate explain this outrageous criminal probe and the senate must reject
02:02any future trump nominee to the fed so long as this dark cloud continues to hang over the central bank
02:09because if donald trump can use the threat of criminal investigation to influence monetary policy then
02:15we'll have no independent fed to speak of and again interest rates will go up mortgage rates will go up
02:22car loan rates will go up credit card rates will go up and the american consumer will pay more
02:28the american consumers already worried troubled and devastated by the lack of affordability
02:37and what trump is doing
02:39will make things even more unaffordable you'd say what the heck does one have to do with the other
02:46but when the markets feel there's no steadiness no no stability in the fed
02:53they charge more they get worried they clamp down
02:58and look donald trump is clearly angry that his own presidency has been a disaster for our economy
03:07so he's looking for a scapegoat and he thinks jerome powell can be one
03:11he's made a big mistake no one's going to fall for that bull
03:16but jay powell and the fed everyone knows jay powell and the fed aren't the reason
03:21donald trump's poll numbers and our economy are in the gar into in the garbage
03:27if he wants someone to blame donald trump
03:29should simply look in the mirror
03:31not at jerome powell
03:33on venezuela
03:36last night donald trump
03:38posted on truth social a ridiculous screenshot of a fake wikipedia page
03:42that called him the acting president of venezuela
03:46donald trump calling himself the acting president of venezuela is stupid
03:51but it's a very useful little illustration of where his head is at right now
03:55he's totally focused on military adventures
03:58and completely ignoring the affordability crisis here at home
04:02to those republicans
04:04who hemmed and hawed last week saying the u.s involvement in venezuela was a one and done
04:10those views have now aged like spoiled milk
04:14last week donald trump was asked if we're staying in venezuela for a month six months a year or longer
04:20he answered i would say much longer
04:22and he says this with a smile on his face
04:25what does he think the american people are thinking
04:29that we want another endless war this time in venezuela that we want to stay for years
04:34and waste treasure and possibly lives
04:39on this adventure in venezuela the american people don't want that
04:44and then he says we're going to give the money to venezuela
04:47you think the american people want that
04:49a foreign adventure so we can give money to venezuela
04:52just yesterday
04:54energy secretary wright said the u.s will be in venezuela for maybe a year
04:59maybe two years maybe more america the american people didn't vote for donald trump
05:06to be acting president of venezuela for a year two years three years even for a day
05:12they voted for him to put america first
05:15and bring down the cost of living
05:18the more people learn about what's going on in venezuela the more people hear that the u.s involvement
05:24could last years the more they'll demand that congress act
05:28now the good news is that this week the senate has a chance to halt trump's military follies
05:35to halt his focus on foreign adventurism rather than bringing down their prices
05:41last week a strong bipartisan group of senators move forward with the war powers resolution
05:46i've championed with senators kane and schiff and paul
05:49the senate will vote this week to pass this resolution and affirm that congress is constitutional
05:56authority on matters of war and peace
05:58i say to my republican colleagues who don't yet support this resolution
06:03join us to prevent another forever war
06:06the pressure will be on senate republicans this week to make a choice
06:11stand with the majority of americans who don't want us in venezuela
06:15or enable donald trump and risk entangling us entangling us in another forever war
06:23the american people will be watching what we do this week americans don't want another round
06:28of endless wars they don't support propping up foreign nations and regimes
06:32the vote this week will tell all and the american people will be watching
06:38and finally on tariffs as soon as this week the u.s supreme court may rule on whether or not
06:44donald trump's chaotic tariff tariff policy is constitutional
06:48i've long been very clear that the supreme court should strike donald trump's tariffs down
06:55the president's tariffs are an unlawful usurping of congress's authority over trade
07:01and i've seen firsthand throughout new york
07:04the president's tariffs are an unlawful usurping of congress's authority over trade
07:12and i've seen firsthand in new york have they braved prices for families and shut down so many small
07:18businesses congress may may not have a say on whether or how the supreme court will rule
07:24but we absolutely have a say on future legislation on the president's tariff of authority the senate has
07:32already voted four times on a bipartisan basis to reject trump's illegal trade war if the supreme
07:39court strikes down all or some of donald trump's tariffs when we know he'll come to congress
07:44and demand another blank check republicans must be ready to buck up and tell him no senate democrats will
07:52not support any legislation that hands the president a free pass to slap tariffs on whoever he likes
07:58the consequences for our economy be damned in his eyes no blank checks for an endless trade war
08:05no blank checks for donald trump to issue tariffs whenever he likes against whom ever he likes regardless
08:12of the consequences particularly the american people as it raises and raises and raises their cost of
08:18living yield the floor
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