NTD Evening News Full Broadcast (July 24)

NTD
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Welcome to NTD Evening News.
Our top story tonight, President Trump ramping up pressure on Federal Reserve Chair Jerome
Powell.
While touring the central bank's headquarters today, Trump clashes with Powell over renovation
costs.
What's in the dispute now on public display, Mari Otsu reports from the White House.
A House panel votes to subpoena the DOJ and high-profile Democrats and Republicans over
the Epstein files.
Melina Weisskopf brings us the details.
Columbia University will pay more than $200 million to settle federal claims of anti-Semitism.
The deal will restore federal funding, while the university makes several policy changes.
Legendary WWE star Hulk Hogan has died at the age of 71.
We take a look back at Hogan's life and career.
But changes are coming to the organ transplant system after an investigation shows some donors
were still showing signs of life.
Jason Blair has more from the HHS organ transplant chief.
This is NTD Evening News, live from our global headquarters in New York City.
Here's Tiffany Meyer.
Good evening and thank you for joining us tonight.
President Trump paying a rare visit today to the Federal Reserve as he ramps up pressure
on the Fed chair to cut interest rates.
The two clashing in public over a controversial renovation project that's slated to cost billions
of dollars.
Joining us now live is NTD's Washington correspondent, Mari Otsu.
Good evening, Mari.
What is the update from the president's visit to the Fed?
Good evening to you too, Tiff.
Yes, Trump visited the Fed this afternoon with Fed Chairman Jerome Powell amid an ongoing
dispute, a mounting dispute that the two men have had over the Fed's interest rates and
renovation costs.
This visit is very rare.
It's the first time a president has visited the Fed in 19 years, the last time being in
2006.
During this visit, Trump again emphasized the need to lower interest rates and he sparred
with Jerome Powell over the cost of the Fed's renovations.
Take a look.
It looks like it's about three point one billion, one up a little bit or a lot.
So the two point seven is now three point one.
I'm not aware of that.
It just came out.
I haven't heard that from anybody at the Fed.
And it just came out.
Arno said about three point one as well.
Three point one, three point two.
This came from us?
Yes.
I don't know who does that.
Are you including the Martin renovation?
You just said it's our entire capital.
You just said you just added in a third building is what that is.
That's a third building.
It's a building that's being built.
No, it's been it was built five years ago.
We finished Martin five years ago.
It's part of the overall.
So.
Trump has been very vocal about his frustration with Powell, whom he appointed in
2017, although the president said that he has no plans to fire the chair.
Trump has called for interest rates to drop to as low as one percent, saying it
would save trillions in interest costs and boost the economy.
And Republican officials have called the Fed renovation the Palace of Versailles,
accusing Powell of a lavish project with ornate features.
Powell has defended the high costs, saying the building requires significant
structural repairs.
And Mari, what is the latest on the executive orders the president signed today?
Yes, if today the president signed an executive order to make it easier for cities
to remove homeless people from the streets, press secretary Leavitt told us the goal
of the EO is to remove criminals to help make Americans feel safe in their own
communities. President Trump also issued an order to protect protect and preserve
college sports, especially women's sports, which he says are at risk due to recent
legal changes that removed rules around their pay.
Back to you.
All right, Mari, thanks for those updates.
House lawmakers voted to subpoena the Department of Justice to turn over Epstein
files and for several high profile figures, both Democrats and Republicans, to
testify. This is the DOJ's deputy attorney general is meeting with Ghislaine Maxwell
today. NTD's Melina Wisecup has more on the latest congressional action on the
Epstein files.
Yesterday's vote was out of a House subcommittee.
It targets the Justice Department, as well as several high profile Republicans and
Democrats. For example, it subpoenas former President Bill Clinton and then
Republican Congressman Scott Perry also included a motion to subpoena many more
high profile Democrats and Republicans like former Attorney General Bill Barr, as
well as former Secretary of State Hillary Clinton.
They had a relationship with Maxwell.
I don't know what that relationship was.
I never thought that we would be questioning the Clintons and others on
with respect to the Epstein files.
But the Democrats voted in a bipartisan manner yesterday to do that.
There should definitely be a subpoena for those files.
The decision was made to refuse to release the files.
Smacks of a cover up.
Now, it was initially a Democrat motion that did get the support from a handful of
Republicans on that panel.
House Speaker Mike Johnson has repeatedly said that Republican leadership is for
getting these files released, but that they want to do it the right way.
Here's his response to critics who say that Republicans are working against the
effort to get these files released.
But they deserve the space to do that in the way that it is supposed to be done.
And they are a thorough, judicious, meticulous review to truly protect innocent
people who suffer. Now, since this vote was just out of committee, the next step is
to move it to the full floor for a vote.
But we likely won't see any more action on this, at least for the next month,
because lawmakers have left D.C.
for their August recess. Reporting from Capitol Hill, Melina Wisecup, NTD News.
Columbia University will pay over 200 million dollars to settle federal claims of
discrimination against Jewish students and employees.
The agreement follows months of controversy, protests and suspended funding.
Here are the details.
A resolution to months of conflict over campus protests at Columbia University.
The university has agreed to settle with the federal government.
Columbia says the settlement includes a 200 million dollar payment to the federal
government, plus an additional 21 million to resolve employment discrimination
claims. In exchange, Columbia regains access to hundreds of millions of dollars in
federal funding that have been cut off after multiple agencies found the university
failed to protect Jewish students.
The Departments of Justice, Education and Health and Human Services said Columbia has
shown continued inaction in the face of persistent harassment of Jewish students.
According to acting university president Claire Shipman, the agreement will help
restore the university's research enterprise and protect its autonomy.
In a letter to members of the Columbia community, she stressed the settlement is not
an admission of wrongdoing, but she acknowledged the impact of anti-Semitic incidents
on campus. She said the university is committed to create a safe, respectful
environment, adding it will work on multiple fronts to combat all forms of hatred and
intolerance. Earlier this month, the university agreed to a number of policy changes.
It also cited action it has taken, including suspension or expulsion of students who
violated rules during protests.
Columbia will also update its definition of anti-Semitism and expand training on civil
rights law. In addition, the university agreed to follow laws banning race-based hiring
and admissions. President Trump praised Wednesday's deal, calling it a victory for
civil liberties. U.S.
Attorney General Pam Bondi hailed the agreement as a message that no university is
above the law. According to the university, the settlement was carefully negotiated to
avoid losing accreditation, federal funding and visas for international students.
Acting President Shipman says she hopes the Columbia community is ready to reset and
focus again on academic rigor and respectful debate.
On Capitol Hill, the House has begun its August recess, but the Senate continues to work
on important nominations, including the nomination of former National Security Advisor
Mike Waltz to be the next U.N.
ambassador. Our Washington correspondent, Luis Eduardo Martinez, has the details on the
story. The Senate is moving ahead with President Trump's nominations, despite some
pushback from lawmakers to the president's request to cancel the August recess.
And I know that President Trump has placed a keen priority on on his nominees, and we
will we will advance them as quickly as we possibly can.
This Thursday, the Senate Foreign Affairs Committee advanced the nomination of former
Congressman Mike Waltz to become the next U.N.
ambassador. He now awaits a full Senate floor vote to be confirmed.
On this vote, the ayes are 12, the nays are 10.
The Senate Judiciary Committee also advanced this Thursday the nomination of Jeanine Pirro
to be the next U.S.
attorney for the District of Columbia, and the full Senate began debate on the nomination
of Emil Bove to become a judge in the Third Circuit Appeals Court.
These votes have been partisan and Democrats have threatened to block the appropriations
process on which the Senate is behind schedule.
We can't reach agreements when Trump simply overrides them later on a strictly
partisan basis.
There's no trust. There's no way we can rely on Republicans' words.
The Democrats have indicated, because they're so upset over the rescissions bill last
week, which, by the way, cut one tenth of one percent of all federal spending, that
somehow they can use that as an excuse to shut down the appropriations process and
therefore shut down the government.
The Senate is also ready to quickly move to vote on a new Russia sanctions package.
Russia sanctions, when it's ready to go, with the right bipartisan support, which I
think exists, there are 85 co-sponsors on that bill.
We ought to be able to expedite consideration of that on the floor.
And I'm ready to do that.
Again, we're working, trying to coordinate with the White House.
Senate Majority Leader John Thune has advised senators that it is possible that he will
extend the Senate session into the first week of August.
Reporting from Washington, D.C., Luis Eduardo Martinez, NTD News.
The Justice Department filed a lawsuit against New York City today to challenge its so-called
sanctuary city laws.
The complaint filed in the Eastern District of New York says New York sanctuary policies
have obstructed the federal government from enforcing its immigration laws.
It accuses the city of allowing dangerous criminals to remain on the streets committing
serious crimes.
This lawsuit is one in a long line of complaints the department has filed, including
complaints against the state of New York and the city of Rochester as part of an effort
to invalidate their sanctuary policies.
Illegal border crossings in June dropped to the lowest level ever recorded.
What impact will this have on American communities and small businesses?
Hear from Javier Palomares, president and CEO of the U.S.
Hispanic Business Council tonight on Capitol Report at 7 p.m.
Eastern Time. Legendary WWE star Hulk Hogan has died.
Fans took to social media today to pay their respects to the pro wrestling and entertainment
icon. NTD's Andrew Thomas has warned Hogan's career and the reactions to his passing.
Authorities responded to a call this morning in Clearwater, Florida, about a cardiac
arrest.
Police said Hogan was pronounced dead at a hospital.
Hogan, whose real name was Terry Bollea, was one of the biggest stars in pro wrestling.
A main draw for the first WrestleMania in 1985, Hogan became an icon in the WWE.
The household name faced off against opponents like Andre the Giant, Randy Savage, The Rock,
and even company chairman Vince McMahon.
Hogan would win at least six WWE championships and was inducted into the WWE Hall of Fame
in 2005.
WWE posted on X calling Hogan, quote, one of pop culture's most recognizable figures.
Hogan helped WWE achieve global recognition in the 1980s.
WWE extends its condolences to Hogan's family, friends, and fans.
President Donald Trump took to Truth Social, posting, quote, we lost a great friend today,
the Hulkster.
Hulk Hogan was MAGA all the way.
Strong, tough, smart, but with the biggest heart.
Trump added, quote, to his wife Sky and family, we give our warmest, best wishes and love.
Hulk Hogan will be greatly missed.
Vice President J.D. Vance posted on X calling Hogan, quote, a great American icon.
Fellow pro wrestling star Ric Flair took to the platform as well, posting, quote, Hulk
has been by my side since we started in the wrestling business.
An incredible athlete, talent, friend, and father.
Our friendship has meant the world to me.
Hogan was 71 years old.
Andrew Thomas, NTD News.
After a troubling probe into the organ transplant system, the Department of Health and Human
Services says reforms are coming.
The HHS organ transplant chief says some changes will include more education, better reading
of a donor's brain activity, and the ability to halt procedures if concerns arise.
NTD correspondent Jason Blair has more.
I think it's important to understand that the awareness of these reports is in itself
a good thing.
It means that our oversight is working.
A probe by the HHS found that some organ transplants were being approved from patients who might
not have been confirmed dead.
In a study of over 350 cases in which over 100 patients either showed signs of life or
there was no recorded time of death when the transplant took place.
One case was told at a house oversight and investigation subcommittee hearing on Tuesday.
Both hospital staff and the staff from the Organ Procurement Organization noted potential
signs of consciousness and discomfort from the patient.
Nevertheless, the process proceeded.
The surgeon ultimately refused to operate, stating they felt the operation would be inhumane
and unethical.
The patient ultimately recovered and was later discharged from the hospital and is still
alive today.
The HHS ordered changes to the organ transplant and procurement system, saying these reforms
are essential to restoring trust, ensuring informed consent, and protecting the rights
and dignity of prospective donors and their families.
Dr. Lynch highlights some planned action.
And that really encompasses better education for the families, for the hospital teams,
making sure that those teams and the families are able to call for a halt if they see concerning
features, and making sure that that group, the OPO, is doing a good job understanding
what is actually happening in the patient's brain.
Are they injured?
Are they dying?
Are they recovering?
And then on Wednesday, HHS Secretary Robert F. Kennedy Jr. ordered the removal of mercury
from flu vaccines, specifically thimerosal, which is roughly 50% mercury by weight.
Kennedy says injecting any amount of mercury into children when safe mercury-free alternatives
exist defies common sense and public health responsibility.
Today, we put safety first.
Thimerosal was removed from many vaccines starting in 1999.
Kennedy says he hopes other countries can follow the U.S. by also removing thimerosal.
Reporting in Washington, D.C., Jason Blair, NTD News.
Coming up, the U.S. and Israel pull out of the Gaza ceasefire talks with no deal reached.
Meanwhile, no injuries are reported after Israel says that a projectile
was fired at an aid site in the Gaza Strip.
Jason Perry reports.
Russian officers break into a Moscow apartment,
a sign of an alarming escalation in human rights abuses.
Who's being sentenced and where are they being sent?
Steve Lance breaks down the latest developments out of Russia after the break.
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Welcome back.
I'm Tiffany Meyer, U.S. Special Envoy Steve Witkoff said that the U.S.
has left the Gaza ceasefire negotiations in Qatar.
He said the Hamas does not appear to be acting in good faith
and that the U.S. will consider other ways to bring the hostages home.
Entities Jason Perry has the latest.
There's been a significant development in the Gaza ceasefire negotiations in Qatar,
but not what many had hoped for.
On Tuesday, the Hamas terrorist group gave its response to the recent talks.
And afterward, U.S. Envoy Steve Witkoff said that Hamas did not appear to be acting in good faith.
State Department Deputy Spokesperson Tommy Piggott read Witkoff's statement.
We have decided to bring our team home from Doha for consultations
at the latest response from Hamas, which clearly shows a lack of desire to reach a ceasefire in Gaza.
Witkoff also said that Hamas does not appear to be coordinated,
possibly meaning that the Hamas negotiating team in Qatar
could be out of touch with the Hamas terrorist in the Gaza Strip.
Israel also said that their negotiating team
would be returning to Israel after Hamas' latest response.
Piggott continued reading Witkoff's statement, which laid out what could happen next.
We will now consider alternative options to bring the hostages home
and try to create a more stable environment for the people of Gaza.
But when a reporter asked Piggott what alternative options would be used to free the hostages,
he did not give any further details.
And the humanitarian aid situation in the Gaza Strip continues receiving a lot of attention.
Israel's government spokesman David Mentzer said Hamas is to blame for the food shortage in Gaza.
It systematically endangers Gaza's residents,
loots aid trucks and tries to disrupt the functioning of food distribution centers,
deliberately placing Gazans at risk of hunger.
And on Thursday, the Israel Defense Forces said that a projectile from the Gaza Strip
was fired at one of the aid distribution centers.
It landed about 270 yards away from the site and no injuries were reported.
Meanwhile, in Syria, trucks have been delivering humanitarian aid
to the predominantly Druze province in Syria,
as the country tries to bounce back after an outbreak of sectarian violence.
On Thursday, the interim leader of Syria, Ahmed al-Sharaa, hosted officials from Saudi Arabia.
During the event, Syria and Saudi Arabia signed investment agreements worth over $6 billion,
marking a significant step in rebuilding war-torn Syria.
The U.S. State Department ended its longstanding sanctions against Syria
less than a month ago to, quote, give Syrians a chance at greatness.
Jason Perry, NTD News.
Russia is now targeting a spiritual group long persecuted in China,
mirroring the Chinese Communist Party's playbook.
Those arrested now face sentencing of varying terms,
including forced labor and up to six years of imprisonment.
NTD's Steve Lance breaks down the latest developments out of Russia.
This video shows masked Russian officers breaking down the door of a Moscow apartment,
this where the brother of a Falun Gong practitioner resides.
The arrest, just one of many, marks an alarming escalation.
Russia is now targeting a spiritual group persecuted in China,
mirroring the CCP's 26-year-long persecution campaign against the spiritual group.
Practitioners of Falun Gong in Russia,
just like those in the United States and around the world,
often work to expose the truth about the persecution
of the practice that's taking place inside of mainland China.
But in February, Russian President Vladimir Putin and Chinese leader Xi Jinping
reaffirmed what they're calling a no-limits partnership,
this all taking place on the anniversary of the Ukraine war.
It appears that now includes the persecution of Falun Gong extending into Russia.
Falun Gong, also known as Falun Dafa, is a meditation practice with a spiritual component
based on the three principles of truthfulness, compassion, and forbearance.
It's been heavily persecuted inside of China since 1999,
and now this group of Russian citizens are being persecuted
for practicing the spiritual discipline,
and for shining a light on the human rights abuses taking place inside of China.
Human rights defenders have identified them as prisoners of conscience.
For example, one of them, Zhu Yun, was just sentenced to three years
in a modern-day labor camp with roots in the Soviet-era gulag system.
But the persecution began ramping up last April,
this when Russia placed Oksana Shketkina under house arrest,
barely a month later on May 3rd, 2024,
Russia launched a wave of searches and detentions of Falun Gong practitioners inside of Moscow.
The following day, Moscow authorities targeted a woman named Natalia Minnikova,
saying that she helped to coordinate Falun Gong practitioner
and related activities to expose the persecution.
That same day, a Russian judge sent Minnikova to a pretrial detention center.
The others detained in Moscow were then held under the pretense of being witnesses in her case.
Minnikova was the last to be sentenced.
Her verdict Wednesday was a four-year sentence to a Russian labor camp.
In a statement to the Epoch Times, the State Department commented on the situation.
The spokesperson said, quote,
the United States condemns the Russian government's actions
targeting and repressing members of religious minorities,
including Falun Gong practitioners.
We urge Russia to respect the right of all to exercise the freedom of religion or belief.
All religious minorities should be able to enjoy freedom of religion
and assembly without interference.
Britain is at risk of being a dumping ground for goods linked to forced labor from countries like
China, so says a new report by the UK Parliament's human rights watchdog,
which calls for laws against modern slavery to be tightened
and in line with the standards of the European Union and the United States.
And today's international correspondent Malcolm Hudson has more on this for us.
Could Britain be flooded by goods made from forced labor?
A new report, Forced Labor in UK Supply Chains, warns current laws make this inevitable
and highlights human rights abuses are pervasive in key sectors.
To solve this, the UK's Joint Committee on Human Rights, made up of British politicians,
is proposing import bans for goods linked to forced labor,
with the view to bring UK standards in line with the approach taken by the US and in the EU.
Former President Biden in 2021 banned imports from China's Xinjiang region
over forced labor concerns. The report cited estimates that globally,
20% of garments made with cotton have been linked to forced labor in China's Xinjiang region.
Fish supply chains are also at risk. Evidence suggests North Korean workers are being forced
to work on Chinese fishing vessels. In some cases, these North Koreans do not
set foot on land for over 10 years. Fish caught are processed in China
and sold on markets in Europe and America. The UK imported $415 million worth of fish
from China in 2023, making China the UK's second-biggest supplier.
Other at-risk goods include processed tomatoes labelled as Italian but likely
originating from Xinjiang, solar panels made in China, and critical minerals mined by children
in the Democratic Republic of Congo, who were exposed to toxic dust with no protective equipment.
The British politicians behind the report call on the government to implement
mandatory human rights due diligence and penalties for firms that break these requirements.
The report said Britain's approach has fallen behind other key markets like the EU and US,
which means the UK is at risk of becoming a dumping ground for goods that cannot be sold
elsewhere. The report also urged the government to avoid entering into negotiations with countries
participating in state-imposed forced labor. Lord David Alton, chairman of the Joint Committee
on Human Rights, said it's intolerable in the 21st century that the UK profits on the
broken backs of slave labor, from Uyghur servitude in Xinjiang to child labor in the
cobalt mines of the Congo, and called for meaningful action from the government.
A government spokesperson said they have launched a review into the UK's approach
to responsible business conduct as part of their trade strategy,
and will consider the Joint Committee's recommendations. Malcolm Hudson, NTD News.
Coming up, a public disagreement between President Trump and Fed Chair Jerome Powell
over the Federal Reserve's renovation costs, which are in the billions.
The rare visit comes amid Trump's criticisms of Powell over interest rates. Should the
president have a say in the Fed's monetary policy? Economist Vance Ginn joins us to discuss that and
more. Online safety for children. Meta removed over 600,000 social media accounts, accounts
David Lamb reports. And as President Trump seeks to address political bias on AI platforms,
are everyday folks concerned about the rise of artificial intelligence?
We'll hear from people in DC when we come back.
I am so glad you ladies are here. You each have your own rooms. Thank you.
Get settled in. I'll call you for dinner.
Adopting teen sisters, it's a lot.
Girls, you're gonna be late. You want breakfast? No, thanks. We're good.
They're always in their own world.
Twice the work.
Twice the surprises. Just try it.
But if you think of it that way, they're also twice as fulfilling.
Is it okay to call you mom? Of course you can.
My mom and dad were traditional Asian parents. Now my father would go to work
before I woke up in the morning. And then he would come home too tired to play with me.
I tell my son, I love you every single day.
Now my dad has never said that to me. Not because he doesn't love me, but because culturally it
wasn't comfortable for him. So I teased him the other day and I said, how come you never say that
to me? And he said, you're too old now. Now that he's a grandfather, he says I love you to my son
every time he sees him. My advice to all the fathers out there, forget the material things,
forget the cultural restrictions. They grow up way too fast for you to waste even a single
precious minute or moment. My 15 year old son, Ethan and I had a fun and relaxing morning.
We returned home and Ethan walked to his best friend's house an hour later. I heard the ambulance
scream by the street carrying my beautiful boy. Ethan was shot in the head in his best friend's
house with an unsecured gun. He had zero chance of survival. The father, the gun owner, he stored
his three guns and bullets in a shoe box. How do you feel? That has to be the most
horrific experience that a human could ever have. David, would you give any advice?
First thing you do is not keep your ammunition with your weapons
and that your weapons need to be locked at all times.
Welcome back. I'm Tiffany Meyer. In a rare visit to the Federal Reserve, President Trump toured
the central bank's ongoing renovations. The visit comes amid Trump's public criticism of Fed Chair
Jerome Powell over interest rates. Joining us now to discuss is economist Vance Ginn. He's
the president of Ginn Economic Consulting and a senior fellow at Young Americans for Liberty.
Vance, thank you so much for joining us. Good to see you again. Now, the visit kicked off almost
immediately with a disagreement with Trump saying construction costs have ballooned to
$3.1 billion and Powell disputing it. Zooming out a bit, there has been some criticism of this
construction project given that the Fed is supposed to be independent and fiscally responsible.
How are you reading this? Well, it's a pleasure with you and I don't see if they're being
fiscally responsible with their own operating budget. Not only are they running hundreds of
billions of dollars in losses because they didn't manage their interest rates spread
correctly, but now it could be $700 million, if not more than a billion dollars in overrun from
the initial $1.9 billion amount that was going towards these renovations. They can now be close
to $3.1 billion as the president mentioned today. This is not how you run an institution. This is
not how you supposedly run an economy. If this is the way they want to go, then they're completely
failing, not only on the economic measures, but also on how they're renovating their own
building. And so I think there's some major problems going on at the Fed by Jerome Powell.
Now, leading up to this trip, there's been some speculation that Trump might fire Powell,
with analysts saying that would threaten the Fed's independence. Although today,
when asked by a reporter, the president says he won't fire the Fed chair and that he believes
Powell will, quote, do the right thing. What is your view of this?
Well, you know, there's always been this idea that the Federal Reserve is independent and the
president shouldn't have influence over the Fed, given that they control monetary policy and the
amount of money supply and circulation. And now there's currently $6.7 trillion of assets on the
Federal Reserve's balance sheet. So they are manipulating a lot of the economy. I mean,
23, that's about 23 percent of GDP is just in their balance sheet in that sense, if you think
about it that way. And so now President Trump is basically asking questions, what's going on at the
Fed? Senator Rand Paul has been calling for auditing the Fed. I think that would be a good
step in the right direction. And so I'm not so sure the president should jawbone and try to bring
down interest rates, especially at a time when inflation is well above the 2 percent inflation
rate target. But at the same time, there should be questions asked to the Federal Reserve.
They're not as independent as they look. They're definitely in connection with everything else
going on in the economy. And when the Congress is already running two trillion dollar plus
deficits per year and 37 trillion dollars in national debt, if interest rates are higher,
you're going to pay more interest on that debt and lowering it will mean more inflation. So
they're caught in a bad situation, which really comes to down to the Fed cutting its balance sheet
and Congress cutting spending, which they seem unlikely to do. Now, digging into that a bit,
talk to us about what it means for the Fed to be independent as it was intended.
Well, I think it was intended in the Federal Reserve Act in 1913 created the Federal Reserve.
There's been some changes over the years, over the decades since then. But really,
it should mean that the Federal Reserve chair should have independence, along with the FOMC,
the Federal Open Market Committee, to make independent Federal Reserve decisions about
monetary policy on their on their inflation rates, on their interest rate targets and things of that
nature that are separate or independent of what Congress is doing, what the president is doing.
And so there should be some independence in that sense. The problem is, is if you look
throughout history, is that they oftentimes are not independent. They do tend to work together
and things of that nature. And sometimes there could be making bad decisions, I think, quite
often contributing to the inflationary pressures and the less economic growth that we have across
the economy. And we're seeing that today. I think that the Fed printed too much money and they they
kept their interest rates too low for too long. Then they raised them and now they've come back
down a little a little bit again. But the Federal Reserve's balance sheet is six point seven trillion
dollars. That's not much independence. Now, speaking of interest rates, Trump
has criticized Powell for months over the Fed keeping the short term interest rate at four
point three percent this year after cutting at three times last year. Now, Powell says the Fed
wants to wait and see how the economy responds to Trump's sweeping tariffs before making other
changes, as he says those tariffs could push up inflation. What do you make of these two arguments?
Well, I mean, you know, if you look at both of these, inflation overall is running about two
point seven percent headline inflation. The core, which exclude food and energy,
the more stable prices that are out there is closer to two point nine percent. So those are
well above the inflation rate target that's set by the Fed of two percent, which indicates that
they shouldn't be lowering interest rates, that they lower interest rates. That means they buy
Treasury securities. They print money, put more money in circulation. They have more money chasing
fewer goods or not as many goods. Then you're going to get higher inflation. And that's what
we had happened in the 1970s that I don't want to see happen again here in the 2020s.
At the same time, you know, unemployment rate shows four point one percent. There's some
weaknesses that are here and there. But the Fed doesn't have any control over the labor market.
They really only have control over inflation. And that's why I do not think that they should
be lowering interest rates right now and instead should be continuing to reduce their balance sheet.
And that will help to correct a lot of the markets throughout the economy. And hopefully,
with the tax cuts made permanent from the one big, beautiful bill that Trump had pushed and
everything else, I think that will allow for more economic growth and prosperity from pro
growth reforms. And by the way, to the Fed's got to get out of this overregulation sort of policy
from Basel three and other types of financial regulations. They're really contracting a lot
And Vance, from a different perspective,
should the president have a say in the Fed's monetary policy?
Well, I think a president can say whatever they want. They got the bully pulpit of the presidency.
Well, at the same time, it doesn't mean that the Federal Reserve chair has to listen
and go off of that, because what I'd rather not see is for monetary policy to be conducted through
a lot of politics and creating more uncertainty in the overall economy.
I'd rather it be done through rules based policy actions. And that means not that means not having
the president come in and say, what should exactly happen with those interest rates over time?
But at the end of the day, I think the president has a right, right,
has the ability, the freedom of speech to say what they want about what the Fed should be doing.
But you don't always see that the Fed have to make those same decisions. And so that's
where I'm kind of at on this right now. All right, Vance, again, as always,
thank you so much for joining us. Thank you.
Teenagers are getting new safety features while on social media.
MEDA said teens will have options to block accounts with one tap. And when chatting with
strangers, they'll have more information about the person's account. NTD's David Lam reports.
MEDA, the parent company of Facebook and Instagram,
says it's launching new safety features to protect the younger generation.
On Wednesday, MEDA said that teen accounts will give teenagers
more info about who they are direct messaging. This would help point out scammers in the DM
chats. Teens will see new options to view safety tips and block an account.
They will also see the month and date that an account was created. Older accounts usually
mean more trust as perpetrators make new accounts when their old ones get blocked.
I think that would help a lot. I think I think that would be great that all my
children, they're all adults, youngest one is in her 20s. But if they were younger, I think the
sexual predators would be the red flag. I mean, that would be that would be my main concern.
More teens seem to be using the new block and report feature in the DMs.
MEDA stated in June alone, they blocked accounts 1 million times and reported another 1 million
after seeing a safety notice. And that 1 in 10 teenagers use the location notice to check where
the people they're chatting with are located and if it matches with what they're claiming.
MEDA said this year, their teams removed almost 135,000 Instagram accounts for leaving
sexualized comments or requesting sexual images from accounts featuring children under 13.
They also removed half a million Facebook and Instagram accounts linked to those accounts.
These steps come after parents and lawmakers have advocated for safer interactions for youths
while online or using social media. David Lam, NTD News, California.
As President Trump moves to ensure AI large language models are free from ideological bias,
are everyday Americans concerned about the rise of artificial intelligence?
NTD's Sam Wong was out on the National Mall in D.C. to hear from the people.
Are you concerned about the rise of artificial intelligence?
Yes, but I have no idea why. I just feel like something's going to take over.
I mean, they can put out lies.
That's what I'm having the biggest difficulty with it for right now. As I go to Facebook or
I go on the internet and I read something and it's not true. Who starts to distinguish what's
true and what's not? Is it teaching itself that or who's really programming it to tell us what's
right? I think it can be useful in limited amounts. Limited amounts in what way?
Like, it could help us. But I read in a National Geographic magazine that sometimes AI can actually
have prejudiced. Whether it's utilities, other commercial or corporate areas, AI is going to
be the way that you can be able to actually enhance the understanding of how businesses
are operating. If it gets too powerful, yeah, because I feel like a lot of times technology's
got a little out of hand in our world already. That might be something that we want to pursue
with caution. Elected officials, on one hand, they do want the technology, but on the other hand,
they are concerned about AI potentially becoming so powerful that we can't even control it.
Like, what are your thoughts on that? Oh, absolutely. I don't want any new technology
because I think it's just going to take over. It's going to create and create itself to a point
where we don't have control over it. Where does the pedal stop or something like that? But that's
also a very interesting part of it too, I think, that we don't know what it could take us to.
When you start regulating data and data science and how people are actually perceiving data,
that can get a little tricky. As long as you protect people's personal
information, I think that's going to be key. President Trump is now looking to regulate
political biases in AI language models. So what are your thoughts on that? We need to have a fair
political view. I don't feel like you should try to sway somebody to another side through
different things. Well, for one thing, it'll mislead children. Everybody's got their own
agenda. And so it's like, how do you regulate that and how do you make it to where it's fair
and equitable all the way across? That's going to be very, very difficult decisions on how to put
that through policies. All for Trump. Yeah, this woke stuff is getting way out of hand.
You can't change history. That's the scary part of it. I think history will be changed with it.
Don't care to see that. Like to know where we came from and believe that what we were taught was
actual. Coming up from classic movies and car charging to robot servers, the future of fast
food is here. Elon Musk's new Tesla retro style diner is drawing crowds in Hollywood.
Christina Corona takes us there. And in the WNBA Indiana Fever Guard, Caitlin Clark is out again
for tonight's game. Daymar joins us with the latest updates when we return.
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Welcome back. I'm Tiffany Meyer. Elon Musk's newest creation in Hollywood combines classic
burgers, giant LED movie screens, and robots handing out popcorn, all while your EV charges
up. NTD's Christina Corona reports from the Tesla Diner in California. We're at the brand new Tesla
Diner on Santa Monica Boulevard in Hollywood, where fast food meets electric vehicle supercharging.
Now this opened on Monday, but crowds are still lining up to check it out.
Tesla officially opened its retro futuristic diner on July 21st, complete with 80 V4 supercharger
stalls and two massive LED movie screens. The two-story saucer shaped building blends 1950s
style with high tech, roller skating servers, Cybertruck mailboxes, and a humanoid robot named
Optimus handing out popcorn. I don't know what to expect, but I just like think of like robots or
like futuristic stuff because it's like Tesla and it's like, like, yeah, futuristic. The menu
features all day breakfast, smash burgers, tuna melts, chili fries, shakes, and more, which are
all cooked in a fully electric gas-free kitchen. A geofence in the Tesla app starts food prep when
your car gets within half a mile. Drivers can dine inside or watch movies from their cars while
charging. There's also a rooftop deck and merchandise shop with retro tees and Tesla
bought figurines. And you don't need a Tesla to charge here. Any electric vehicle can plug in.
Some customers shared their experiences. Our experience was really good. We had excellent
service. They were all friendly. It was easy to order and the food was pretty good. But several
customers said there was one flaw. I think it's funny how they're blocking the apartment now.
Apartment people. Those poor people, they have a screen in front of their window now. What are
they going to do? NTD reached out to the apartment management company but have not received a
response. Tesla CEO Elon Musk says if the diner is successful, he plans to open more locations
in major cities worldwide. Reporting from the city of Hollywood, Christina Corona, NTD News.
And now for your sports news, we're joined by NTD's Dave Martindale. Plenty going on right now,
but let's start in the WNBA as Indiana Fever Guard Kaitlyn Clark is out again for tonight's
game against Las Vegas. What is the latest on her status? Yeah, last week they said she was
day-to-day right after she suffered that groin injury that was last Tuesday. Today though,
they said there's no timetable for a return. Now this week she spent having more tests and
evaluations with team personnel and the team has said that her long-term health is their top
priority. Now to recap, she was injured July 15, nine days ago against Connecticut Sun. She missed
the game the following night on Wednesday, plus last Saturday's all-star game and then another
game on Tuesday. So that's 12, this tonight actually will be the 12th game she's missed
out of just 25 total games this season. Now previously she had a couple of left leg injuries.
This season was on her right groin, so I'm guessing the team is certainly going to take
no chances with her and probably keep her out as long as they feel is necessary. The next game
though will be Sunday against her big rivals Chicago Sky, which features Angel Reese. So
that would be too bad if we didn't get to see Reese versus Clark yet again. The rivalry. The
rivalry going on, yeah exactly. Well shifting gears to the NFL, Jets quarterback Justin Fields
had to be carted off the practice field this morning with a dislocated toe. How severe is this
injury? Yeah the Jets actually said he avoided suffering serious injury, would not miss
significant amount of time. Now ESPN is reporting he'll be ready for week one of the NFL season
against the Pittsburgh Steelers. That is on Sunday, September 7, but this was a non-contact injury.
By all reports, Fields had just rolled out to throw a pass that was incomplete and all of a
sudden he went down in pain. He was helped off the field before then being carted off eventually.
Now of course if you're a Jets fan, you remember they've kind of been cursed at the quarterback
position. You know a couple years ago Aaron Rodgers, injured in the fourth snap of the season,
missed the entire rest of the year with that torn Achilles. It looks like it's not going to be
anywhere near that bad though. Now behind the Fields though on the depth chart you've got
a 14-year veteran Tyrod Taylor, but then after him there's a couple of guys who've never actually
thrown an NFL pass, Tiff. So certainly the Jets are hoping to get Fields back in time for week one.
Certainly it's practice time he needs. You know he was with the Steelers last year, the Bears before,
so he really doesn't know the Jets and their offense that well. So we definitely hope he gets better soon.
Hopefully a speedy recovery. Looking at tonight's baseball schedule though, just eight teams in
action. Which matchups stand out to you both? Yeah, Toronto versus Detroit. We just started
actually a couple minutes ago. Pictures two of the three division leaders in the American League.
Now the Tigers had the best record in baseball just a couple weeks ago at 59-34. They've actually
lost nine out of ten games since. They've got still an eight and a half game lead over first place.
They're just coming off of being swept by the last place Pittsburgh Pirates. So definitely Detroit
not coming in on all cylinders. Meanwhile the Blue Jays have a four-game lead over the New York Yankees.
Second place New York Yankees in the American League East. Now elsewhere tonight you've got
the Angels versus the Mariners featuring home run leader Cal Raleigh. He's got 39 home runs.
O'Shea Ohtani has been really hot lately. Ohtani homered in five straight games. He's at 37 but he
does not actually play tonight. Elsewhere in baseball this afternoon the Orioles beat the
Guardians four to three. Steven Kwan had a couple of home runs. Of course the Guardians coming under
Trump's reign here as you noticed lately. Trying to get them back to be known as the Indians. So
interesting to see how that could possibly turn out. I don't know about anybody else but I keep
calling them the Indians on accident. I mean they were just renamed a couple years ago.
So you're on a team Trump on that. Well also tonight in tennis 45-year-old Venus Williams
plays in round two of the DC Open looking for another win. Yeah just two days after becoming
the second oldest woman get a tour level single win. Venus Williams now in round two. She's facing
24th ranked Magdalena Frech of Poland who is 27 years old. Just 8 and 18 this season.
Frech's not having the best season of her career. Now that game that match starts at approximately
7 30 p.m. Elsewhere the DC Open we've already had Ben Shelton winning this afternoon in the third
round. Also former U.S. Open champion Daniel Medvedev on as well. And also in action today the
top seeds on both sides of this tournament Jessica Padula who actually lost already the first set.
And Taylor Fritz is going to start at about 7 p.m. tonight. So it's a slow night kind of in sports.
We do have some tennis going on though but only the third of the baseball game is actually going
on. So I don't know what sports fans are going to do tonight. At least we know you'll be watching
tennis. Yes exactly. I probably will be. Dave as always thanks for joining us. Oh thank you Tiff.
And that's all for today's news. For around the clock coverage visit us at
ntd.com slash live or download our NTD app. Thanks for tuning in. I'm Tiffany Meyer. Good night.
