GOP Shuts Down Congress as It All Hits…

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The MeidasTouch Podcast 20 min 6 speakers 8 chapters transcribed 2 hours ago
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Why did House Speaker Mike Johnson shut down the House of Representatives early?

Ben Meiselas 0:00
Republicans are now shutting down the House of Representatives early, as we predicted. They are now going into recess. MAGA Mike Johnson says the reason he's shutting down the House of Representatives has nothing to do with the fact that a war powers resolution was just passed rebuking Donald Trump's catastrophic war in Iran. It has nothing to do with the fact that Thomas Massey is pushing forward the Epstein Transparency Act two and doing it as it did. Discharge petition. Megamike says, no, it has nothing to do with the fact that a Republican Thomas Massey put forward articles of impeachment yesterday. No, it's nothing to do with that. It's just this Congress has been so productive, Megamike Johnson says, that we gotta go back and we're so excited to tell our constituents how great we did.
Ben Meiselas 0:43
Here, listen to what he has to say. Play this clip.
Unknown 0:46
We're gonna modify the the uh house schedule by a day. Uh and let me explain to you why. The House has done its work. Um you've seen the statistics we've been talking about for the last few days. Uh this this house has been the second most productive in terms of legislation in the history of the institution since seventeen eighty nine. We passed over nine hundred pieces of legislation. Uh right now about 700 of those bills are sitting in the Senate awaiting action. We'll pass over 70 bills this week alone, including the Rape Hair Protection Act and the Russian Sanctions Bill. We have CRAs, we have anti-fraud measures, really important, meaningful legislation. But the House has done so much of that for the last uh 19, 20 months or so.
Unknown 1:29
Uh, and and a lot of it is just awaiting action in the Senate. So uh it's time for our members to go home to their districts and make their case to the American people to go and explain all the great things we've done. You've seen the the the record, you've seen what we've delivered. We we gave them this con
Ben Meiselas 1:44
And finally, Meg and Mike Johnson says, we are so thrilled to go back to our congressional districts. This is just what we're really excited to do. There's so much great stories about like how amazing America's doing right now. So that's what we're gonna say. Here, play this clip.
Unknown 1:58
An extraordinary record of achievement. And so I'm excited for my Republican colleagues to go home and talk to the American people, work in their districts, and explain to them not only serving their constituents, but explaining to them all the great things we've done for them and all the things we're going to do in the days ahead. So that's the modification of the schedule. We just sent out a whip whip notice, uh changing it by a day.
Ben Meiselas 2:17
By the way, while he's doing that, you have JD Vance, who's sadly our vice president. He was out there on these like right wing tech bro, crypto bro podcasts, or whatever this is all in.

What is the War Powers Resolution that was just passed and why does it matter?

Ben Meiselas 2:29
Um, and he's like, Okay, my message to the voters is please, please give me another chance. Please give me another chance. This is for real. How pathetic is this? Here, play this clip.
J.D. Vance 2:39
immigration. We've pursued H1B reform that prioritizes American workers over foreign nationals. There's a lot of good that's been done, but there's a lot of work left to do. Don't give power to the people who cause the problems that we're fixing. Give us another chance or give us another couple of years to continue to work on the amazing things that we've been doing for the past two years. And the
Ben Meiselas 3:00
While all of this is going on, we learned earlier today that the Federal Reserve was raising interest rates by 25 basis points to 3.75 to 4% as the range, with one other rate hike, likely this year, perhaps even two, as inflation continues to surge. Donald Trump brought in Kevin Walsh to be the chairman of the Federal Reserve after threatening the prior chairman of the Federal Reserve.
Ben Meiselas 3:37
Yet for more than five years.
Kevin Warsh 3:38
two years. Inflation has been running above target. So our predominant focus is on the price stability side of our mandate. The plain fact is that inflation is too high and has been for too long. This summer's inflation readings do not tell me that underlying trends have meaningfully improved.

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