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Breaking Points with Krystal and Saagar

1/22/26: SCOTUS To Defeat Trump On Fed, DOGE Election Fraud, FanDuel Lies, MN Family Teargassed

22 Jan 2026

Transcription

Chapter 1: What is the main topic discussed in this episode?

0.031 - 3.78 Unknown

This is an iHeart Podcast. Guaranteed human.

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4.604 - 21.199 Krystal Ball

A new year doesn't ask us to become someone new. It invites us back home to ourselves. I'm Mike Della Rocha, host of Sacred Lessons, a space for men to pause, reflect, and heal. This year, we're talking honestly about mental health, relationships, and the patterns we're ready to release.

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21.74 - 34.071 Krystal Ball

If you're looking for clarity, connection, and healthier ways to show up in your life, Sacred Lessons is here for you. Listen to Sacred Lessons with Mike Della Rocha on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

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34.523 - 51.02 Joel (from How To Money)

Hey, it's Joel and Matt from How To Money. If your New Year's resolution is to finally get your finances in shape, we've got your back. Prices, they're still high and the economy is all over the place. But 2026 is the year for you to get intentional and make real progress. That's right. Yeah.

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51.04 - 64.513 Joel (from How To Money)

Each week we break down what's happening with your money, the most important issues to focus on, and the small moves that make a big difference. Kick off the year with confidence. Listen to How To Money on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

64.493 - 82.58 Dr. Jesse Mills

This is Dr. Jesse Mills, host of the Mailroom Podcast. Each January, men promise to get stronger, work harder and fix what's broken. But what if the real work isn't physical at all? I sat down with psychologist Dr. Steve Poulter to unpack shame, anxiety and the emotional pain men were never taught how to name.

83 - 96.489 Dr. Jesse Mills

Part of the way through the valley of despair is realizing this has happened and you have to make a choice whether you're going to stay in it or move forward. Our two-part conversation is available now. Listen to The Mailroom on the iHeartRadio app, Apple Podcasts, or wherever you get your favorite shows.

97.992 - 99.394 Saagar Enjeti

Hey guys, Sagar and Crystal here.

99.575 - 106.667 Unknown

Independent media just played a truly massive role in this election, and we are so excited about what that means for the future of this show.

Chapter 2: How are independent media shaping political narratives today?

523.877 - 542.163 Unknown

And they have just kept pushing this further and further down the road. Furthermore, with regard to this issue of these sort of independent agencies, which were created by Congress and meant to be protected and insular from political influence, whether you agree or support that or not, that's the way Congress set up the Fed. It's the way Congress set up CFPB and some other agencies as well.

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542.844 - 561.045 Unknown

They have ruled on the side of Trump having executive power over those things. And so it is interesting that when it comes to the money, when it comes to Wall Street, that is where they look like they're set to draw the line and where they may actually, you know, check him in a meaningful way when they have not done that.

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561.445 - 572.955 Unknown

Really, it's, I mean, you might say on the Seacott thing, sort of, kind of, but in general, they have let him do whatever he wants. So I do think it's noteworthy that, like, this is the place where they draw the line.

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572.975 - 582.103 Saagar Enjeti

Yeah, it's going to be Fed, Seacott, and tariffs. I mean, again, that's an assumption I still don't really know. Yeah. I would think perhaps one reason the tariff decision,

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582.083 - 602.501 Saagar Enjeti

is taking so long is, remember, they write these in real time, and it's very likely, because apparently, again, this is from my friends who have covered the court, is there's often delays when you're doing the concurrences and writing the opinions, and then sometimes people will write separate, or they'll concur in part, and then they'll write a different one.

602.761 - 620.243 Saagar Enjeti

Because this is such an important case for presidential power, which is probably gonna be taught forever in law schools, apparently that's one reason, which could be the delay. Again, I don't know. I still think that this stuff takes way too insanely long, especially whenever it comes to an economic question like tariffs. It's been a year.

620.484 - 626.974 Saagar Enjeti

People have been paying billions of dollars on people on tariffs. And then think about this. If they ruled unconstitutional, do we all get a refund?

626.954 - 650.504 Unknown

who gets a refund? You know, to me, I think that potentially there could be a more sort of cowardly, I guess I would say, rationale here, which is that in the meantime, Trump gets to do what he wants. Like, you know, the height of tariff mania after Liberation Day has passed. Now, he's still using tariffs and the threat of tariffs and all sorts of crazy ways.

650.544 - 672.891 Unknown

We saw this with like, you know, the Greenland situation. And the more that they drag out that decision, the more he just gets to do what he wants. I think they're genuinely you know, I think they're afraid of Trump. I think they many of them actually support his theory of like this massively powerful, unitary executive. I think they obviously many of them support him more or less ideologically.

Chapter 3: How is SCOTUS likely to impact Trump's ability to fire Fed officials?

682.504 - 699.666 Unknown

They don't want to completely destroy their credibility by putting on a ruling that's just idiotic and ahistorical in terms of previous case law. But they also don't really want to get crosswise with Trump. So to me, I mean, I think the court is blind. very political, not just this court. I think the court has always been very political.

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699.726 - 716.741 Unknown

Perhaps it has become even more partisan and even more political. And so I read into this delay basically that they want to forestall as long as possible having to have that reckoning with Trump on something that is truly central to the way he views the world, the tools and the power that he brings to bear.

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716.761 - 724.748 Unknown

I mean, it's relevant to the conversation we just had with Mearsheimer, how we throw our weight around in the world even more so economically than we do militarily.

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724.728 - 739.153 Saagar Enjeti

You may be right. One thing I had to flag here, because this is so crazy. Let's put this up here on the screen. I spotted it in the financial press. But Scott Besant says that Deutsche Bank chief had to distance the bank from a research note on U.S.

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Chapter 4: What allegations are being made about DOGE and election fraud?

739.233 - 762.881 Saagar Enjeti

assets. So basically what happened is that a Deutsche Bank analyst published a report in which he had said that U.S. assets and the dollar may be under threat. Well, eventually, what ended up happening is that Besson apparently either called or pressured the Deutsche Bank CEO to distance himself from this analyst report that suggested European investors could sell U.S.

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762.901 - 778.196 Saagar Enjeti

assets in response to a trade threat. He specifically said this notion that Europeans could be selling U.S. assets came from a single analyst, Deutsche Bank, of course, a fake news media outlet led by the Financial Times, amplified it, and the CEO had to call to say that Deutsche Bank does not stand by that analyst.

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778.497 - 798.486 Saagar Enjeti

The note, which was written by their chief forex strategist, had said that Europe held nearly 8 trillion of US bonds and equities. making it its largest creditor and underlined Washington's reliance on foreign capital. And so, quote, while he did not predict a sell-off, he had warned that intensifying geopolitical strains could prompt European investors to reduce dollar exposure.

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798.827 - 819.088 Saagar Enjeti

That then led to this crisis where the US Treasury Secretary notices this in a Financial Times article and either called or pressured the bank to move away from the analyst report. So just to combine the two, just to show people About the preeminence of the dollar, the Fed, and why. We always try to cover Fed news here, even though I know it's boring.

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819.269 - 838.552 Saagar Enjeti

And usually it's just like CNBC and Bloomberg and all those people who really pay attention. But I think the core theme we've tried to hammer home here is this has a lot of effect on your life. Mortgage rates, credit card, all kinds of interest rates, car loans, things that govern your literal financial existence ultimately are decided by this board of gods here in Washington.

838.592 - 842.417 Saagar Enjeti

And it matters a lot. And that's why I always try to encourage people to pay more attention.

842.583 - 860.187 Unknown

The Besson thing is very important because sometimes this administration really does show their cards about what they actually do care about and actually are sensitive to. One time was when Trump flipped off that guy for calling him a pedophile protector. That was a tell. This is another tell, right? And the taco on Greenland is a tell. Yes.

860.167 - 879.433 Unknown

Like this is the markets, what especially the bond markets are doing is very, very important to them. And, you know, so this is showing a little bit of weakness here. To be honest with you, I think it would have been better if they just, you know, pretended like it didn't bother them whatsoever. Because you're basically broadcasting to the world like this is something that we're worried about.

879.593 - 888.165 Unknown

This is an actual power that you do have with us that we are concerned about and that we have our eye on. So it's very interesting and revealing in that way. Absolutely.

Chapter 5: How are FanDuel's practices affecting gamblers?

941.256 - 954.476 Dr. Jesse Mills

I'm just like, I impress myself a lot. It's an amazing conversation. One you definitely don't want to miss. So listen to The Questlove Show on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

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957.961 - 978.192 Krystal Ball

Every January, we're encouraged to start over. But what if this year is about slowing down and learning how to understand ourselves more deeply? What if this year is about giving ourselves permission to feel what we've been holding and knowing that it's okay to ask for help? I'm Mike Della Rocha, host of Sacred Lessons.

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978.914 - 1005.415 Krystal Ball

This is a podcast for men navigating stress, emotional health, fatherhood, identity, and the unspoken pressures we're taught to carry alone. We talk honestly about mental health, about healing generational wounds, and about learning how to show up with more presence and care. If you want a healthier relationship with yourself and the people you love, then Sacred Lessons is the podcast for you.

0

1006.196 - 1016.989 Krystal Ball

Listen to Sacred Lessons with Mike Dallarocha on America's number one podcast network, iHeart. Follow Sacred Lessons with Mike Dallarocha and start listening on the free iHeartRadio app today.

0

1018.64 - 1033.102 Dr. Jesse Mills

Hey there, this is Dr. Jesse Mills, Director of the Men's Clinic at UCLA Health and host of the Mailroom Podcast. Each January, guys everywhere make the same resolutions. Get stronger, work harder, fix what's broken. But what if the real work isn't physical at all?

1033.522 - 1054.177 Dr. Jesse Mills

To kick off the new year, I sat down with Dr. Steve Poulter, a psychologist with over 30 years experience helping men unpack shame, anxiety, and emotional pain they were never taught to name. In a powerful two-part conversation, we discuss why men aren't emotionally bulletproof, why shame hides in plain sight, and how real strength comes from listening to yourself and to others.

1055.179 - 1075.731 Dr. Jesse Mills

Guys who are toxic, they're immature, or they've got something they just haven't resolved. Once that gets resolved, then there comes empathy and compassion. Thank you. Thank you.

1079.305 - 1097.281 Unknown

All right. There was another moment in Trump's World Economic Forum Davos speech that didn't get quite as much attention. But I think it was he actually wanted it to. And it just, you know, with all the Greenland stuff, it didn't really get picked up. But where he threatens prosecutions against supposed people who are involved in, quote unquote, rigging the 2020 election.

1097.301 - 1098.482 Unknown

Let's go ahead and take a listen to this.

Chapter 6: What constitutional issues are raised by ICE's actions?

1422.822 - 1441.105 Saagar Enjeti

Which the Supreme Court ruled. Absolute immunity. Absolute and total immunity for the president. Okay. But, you know, it's like they just forget about these things like three weeks later as if it didn't happen. Obviously, I hope this is the case of just bullshitting or whatever, but you have to take it seriously.

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1441.145 - 1464.651 Unknown

Well, here's another reason why you have to take it seriously. Let's put D3 up on the screen. So the Trump administration has now been forced in court filings to admit that the Doge team took Social Security data and was giving it to one of these like stop the steal organizations looking for, quote unquote, voter fraud. So let me read you this.

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1464.711 - 1483.881 Unknown

Two members of Elon Musk's Doge team working at the Social Security Administration were secretly in touch with an advocacy group seeking to overturn election results in certain states. And one signed an agreement that may have involved using Social Security data to match state voter rolls, the Justice Department revealed in newly disclosed court papers.

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1484.281 - 1495.48 Unknown

Elizabeth Shapiro, top Justice Department official, said Social Security Administration referred both Doge employees for potential violations of the Hatch Act, which bars government employees from using their official positions for political purposes.

0

1495.46 - 1508.657 Unknown

Shapiro's previously unreported disclosure dated Friday came as part of a list of corrections to testimony by top Social Security Administration officials during last year's legal battles over Doge's access to Social Security data.

1508.937 - 1531.922 Unknown

They revealed that Doge team members shared data on unapproved third-party servers, may have accessed private information that had been ruled off-limits by a court at the time. Shapiro said the case of the two Doge team members appeared to undermine a previous assertion by SSA that Doge's work was intended to detect fraud, waste, and abuse in Social Security and modernize the agency's technology.

1532.282 - 1540.75 Unknown

So basically, previous SSA officials were either lying or didn't know what these Doge people were doing underneath of their noses.

Chapter 7: What happened to the Minnesota family during the ICE incident?

1541.151 - 1561.574 Unknown

This has now been discovered, and they probably were fearful that the court was going to catch them in this lie. So they had to come out with this information, which says, you know how we told you that they were not accessing sensitive information, that they certainly weren't sharing it with third parties, that they weren't using unapproved, unsecured channels to share that information.

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1561.674 - 1585.983 Unknown

Yeah, that was all completely wrong. In fact, these guys went in and did all of that. And so, again, lest you think that the fixation on 2020 has ended. Here they are directly working with one of these quote unquote advocacy groups to try to overturn election results. Gee, I wonder which elections using your sensitive Social Security information that is being held by the federal government.

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1586.003 - 1586.824 Unknown

Yeah, it's a disaster.

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1586.844 - 1605.789 Saagar Enjeti

I mean, there's no other way around. And this was always a problem with Doge. And look, with this one, it said there were details are still a bit weird because they're saying that they're not sure what information or. whatever was shared. It doesn't really matter because even being in touch with the organization is the violation here of the Hatch Act. And it does trace back.

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1606.029 - 1618.829 Saagar Enjeti

I think that this is more of the tip of the iceberg, personally, and that this is why that I mean, I've said, you know, if you're if you're a Doge member, you better hope Elon's going to be paying your legal bills, because when these Democrats. come into power in 2026.

1619.911 - 1631.156 Saagar Enjeti

Can you imagine like what the subpoenas and all of that will eventually show as a result of just those chaotic first couple of days? And this was the concern from day one.

1631.296 - 1645.693 Unknown

The Trump administration is throwing them under the bus here. I mean, happy to be like, oh, these guys were doing some crazy stuff. We didn't have any idea about it in the context of this court. So your pardon is not coming from Trump. You're not getting a pardon from Trump. He doesn't give a shit about you. He's throwing you under the bus.

1646.113 - 1661.749 Unknown

Whatever crimes you committed, that's going to be on you. And yeah, so now it's coming out through this particular court process. But you're right. If Democrats are back in charge, even, you know, I mean, they're probably going to get the House back, possibly the Senate. Very likely they win the White House next time around.

1661.729 - 1673.925 Unknown

Any Democrat worth their salt will do a deep dive investigation into all the shit that went down during Doge because they were going wild. Who knows what else was done in the context of those early months of Doge?

Chapter 8: How are the emotional impacts of the ICE incident affecting the family?

1717.385 - 1735.649 Saagar Enjeti

They're all rich. It doesn't matter. But it's the Doge employees, Elon's assistants, other people who may have been privy to meetings. Then you always have questions and other things. You can hold up funding if you don't get certain things that come your way. So things are about to change, I think, pretty significantly if the midterms go the way that we expect.

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1735.729 - 1740.876 Saagar Enjeti

Okay, we've got author Danny Funt standing by. He's going to talk about sports gambling. Let's get to it.

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1743.725 - 1765.715 Dr. Jesse Mills

Hey, what's up, y'all? This is Questlove. Recently, I had the opportunity to sit down with A$AP Rocky ahead of his album release, Don't Be Dumb. He reflects on his journey from his Harlem roots to global icon status, discovering the hip-hop origin of his name. The ledge was on the TV. Rakim had the bucket hat Kangol joint on. My pops was like, that's Rakim. That's who you named after.

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1765.735 - 1783.786 Dr. Jesse Mills

I just was like, damn. I got swag. Rocky offers a window into not only a boundary-breaking artist, but as a man committed to fusing creative ideas, community, and remaining unapologetically himself. Have you ever gotten roasted for any of your outfits? For sure. Some people don't be getting the vision.

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1783.806 - 1808.241 Dr. Jesse Mills

Look, they can roast me, they can cook me, they can deep-fry me, they can saute whatever they want. There's nobody who can f*** with my fashion sense and my taste is impeccable. I'm just like, I impress myself a lot. It's an amazing conversation. One you definitely don't want to miss. So listen to The Questlove Show on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

1811.427 - 1831.781 Krystal Ball

Every January, we're encouraged to start over. But what if this year is about slowing down and learning how to understand ourselves more deeply? What if this year is about giving ourselves permission to feel what we've been holding and knowing that it's okay to ask for help? I'm Mike Della Rocha, host of Sacred Lessons.

1832.523 - 1859.018 Krystal Ball

This is a podcast for men navigating stress, emotional health, fatherhood, identity, and the unspoken pressures we're taught to carry alone. We talk honestly. about mental health, about healing generational wounds, and about learning how to show up with more presence and care. If you want a healthier relationship with yourself and the people you love, then Sacred Lessons is the podcast for you.

1859.8 - 1870.577 Krystal Ball

Listen to Sacred Lessons with Mike Dallarocha on America's number one podcast network, iHeart. Follow Sacred Lessons with Mike Dallarocha and start listening on the free iHeartRadio app today.

1872.228 - 1886.708 Dr. Jesse Mills

Hey there, this is Dr. Jesse Mills, director of the Men's Clinic at UCLA Health and host of the Mailroom podcast. Each January, guys everywhere make the same resolutions. Get stronger, work harder, fix what's broken. But what if the real work isn't physical at all?

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