Whoa: Trump loses it as feud erupts with top ally - Another Day - Brian Tyler Cohen

Transcript:

Republican senators will do anything to
restore Americans faith in government.
Well, except ban insider trading. This
is just another day.
As most of you know, every job forces
you to sacrifice something. Maybe part
of your social life, maybe some family
time, maybe it's money. Well, when it
comes to that third one, Republicans
aren't quite ready to surrender just
yet. A bill that would ban members of
Congress from buying, selling, or owning
individual stocks is making its way
through the Senate. The Committee on
Homeland Security and Government Affairs
voted 8 to7 today to advance the measure
for full consideration. Nearly all
Republicans on the panel voted against
the bill except for its sponsor, Senator
Josh Holly of Missouri. First off, I'm
glad that Republican Josh Holly supports
this ban on congressional insider
trading, but I refuse to heap any amount
of praise on someone who gave a full
fist of solidarity to insurrectionists
on January 6th. The bar is not so low
that merely introducing one piece of
good legislation negates the fact that
you advocated for an overthrow of the US
government because you wanted pets from
Trump. But back to the actual
legislation. For some reason, it is not
currently illegal for members of
Congress to buy, sell, or own individual
stocks, which seems odd considering
they're privy to information that other
stockholders, for example, the public
are not. So, Holly proposed legislation
called the Preventing Elected Leaders
from Owning Securities and Investments
Act, otherwise known as the Pelosi Act,
or sometimes referred to as the Josh
Holly is an and can't propose
legislation without trying to score
political points act. Now, as part of
negotiations with Democrats, Holly
changed the name to the Honest Act, and
this would prohibit members of Congress
and their spouses from trading or
holding individual stocks, and they'd
have to comply with an audit every two
years. And if this sounds like a good
idea to you, well, you're not Senator
Rick Scott.
This idea that we're going to attack
people because they make money is wrong.
Is absolutely wrong. We should cherish
all of our different backgrounds.
Every one of us has a different
background. I've got a business
background.
But what I was just accused of is making
money and somehow I can't do I can't be
fair and do things the right way. That's
right. We should cherish all different
backgrounds. And it is just gross that
anyone would insinuate Senator Rick
Scott would make money in some untoward
manner.
Senator Rick Scott is one of the richest
members of Congress. In part after
making a absolute fortune as the CEO of
a healthcare company that was accused of
defrauding Medicare and fined over a
billion dollars, what was at the time
the largest healthcare fraud settlement
in US history. Hm. I wonder if the
background of someone who acrews their
wealth by defrauding Medicare is one of
those ones that Rick Scott wants us to
cherish. But I'm sorry, Richard, you
were saying.
I don't know how many people in the
audience, how many of you don't want to
make money? Anybody want to be poor?
I don't.
Well, of course not. I mean, if you were
poor, that would mean you just had your
healthc care cut, your food assistance
cut, and on a daily basis, you've been
watching a decadesl long attempt to
demonize your very existence as a lazy,
freeloading member of your country, all
by people like you. So, I get why you
wouldn't want to be poor. But it wasn't
just Richie Rick who didn't want his
money curtailed. When President Trump
heard something could happen to his most
prized possessions,
no, I said his most prized possessions.
Well, that he simply could not abide and
Josh Holly was put on blast.
Why would one Republican, Senator Josh
Holly from the great state of Missouri
join with all Democrats to block a
reviews sponsored by Senator Rick Scott
with the support of almost all of other
Republicans of Nancy Pelosy's stock
trading over the last 25 years. He says
smells very much like to me like
sabotage. He's playing into the right
into the dirty hands of Democrats. This
bill is great for Pelosi and her husband
and bad for our country. I don't think
real Republicans want to see their
president who has unprecedented success
targeted because of the whims of a
second tier senator named Josh Holly.
Wow. And you think Josh Holly is just
going to sit down and take that? Well,
he did. In fact, after that tweet storm,
Holly did what he does best. Got on his
best pair of running shoes and sprinted
on over to Dear Leader's House to
explain that what Trump was mad about
wasn't even in the legislation.
According to Holly, Mr. Mr. Trump said
that senators told him falsely that the
bill would force him to sell off all his
assets and properties, including his
Mara Lago estate. And so I said, "Well,
that's just false. It explicitly exempts
you and all your assets," Holly told
reporters on Capitol Hill Thursday. So
we walk through that and he was like,
"Oh, that's not what he had been told."
See, it was all just a big
misunderstanding. Donald Trump was
merely misled about what this bill would
do and thought that it would mean a bill
forcing the devestment of stocks would
somehow also mean that you have to sell
your home. Surely an honest mistake. But
now that the mistake is all cleared up,
certainly Donald Trump supports the
effort, right?
Conceptually, he of course supports the
idea of ensuring that members of
Congress and and United States senators
who who are here for public service
cannot enrich themselves. Conceptually,
he supports it. So, it's a done deal,
right? After all, when has Donald Trump
ever lied about something by throwing
out some empty rhetoric about concepts?
I have concepts of a plan.
And famously, Trump turned those
concepts of a plan to replace the
Affordable Care Act into something much
more. Sorry, I can't even finish that
sentence. He's done nothing. But
concepts of a plan notwithstanding,
let's take Levit's claim that
politicians shouldn't enrich themselves
while in office at face value. Caroline,
your boss, the sitting president of the
United States, just used the White
House's account to promote the ribbon
cutting ceremony at his private golf
course, charged a million dollars per
plate for a private crypto dinner, and
even had the balls to launch his own
goldplated cell phone company. The only
way Caroline Levit could be more of a
hypocrite here is if we discovered she
worshiped the Antichrist.
No, not that one. The real one. But
besides forcing Republicans to be
transparent about their finances and not
engage in insider trading, or as Rick
Scott calls it, being poor, there's
actually another issue not being
addressed here. Part of the bill, I do
believe, would forbid the president
immediately from buying and selling
stocks, and it would exempt him from the
devestature part. Future presidents
wouldn't be allowed to own things. So,
Donald Trump were the next president,
which, you know, some say he might run
for a third term, but he would be forced
to devest everything. I think we're
going to discourage uh good people,
successful people from holding office.
Uh I hate to tell you, but the thing
that's going to dissuade people from
entering public service is not the need
to devest their stocks. It is having to
work with guys like you, who seem more
than willing to take a dump on our
Constitution by casually endorsing the
very unamerican idea of Donald Trump
being able to run for a third term. Can
we just sit back for a second and
highlight how weak Rand Paul is? Forget
the idea that his entire brand is
purportedly built around our government
having too much power, but now he's
effectively hawking Trump 2028 merch.
That would be bad enough unto itself.
But now Ran Paul is just throwing his
weight behind a guy who uninvited his
family to the White House picnic because
he disagreed with Trump on a single
piece of legislation.
I just find this incredibly petty. I
mean, I have been, I think, nothing but
polite to the president. I have been a
intellectual opponent, a public policy
opponent, and he's chosen now to
uninvite me from the picnic. And to say
my grandson can't come to the picnic, I
just just the level of uh immaturity is
beyond words.
You're right. It is beyond words.
Sometimes it extends to tweets,
photographs, and even AI generated
imagery. The reality is Ran Paul and the
rest of Republicans love to tout that
great business people make great
presidents and that's why we need to
keep encouraging them to get into public
service. But if Donald J. Trump is so
great at business, why are our goods
getting more expensive? Why is inflation
rising? Why haven't we seen growth in
our flat stock market? All Donald Trump
does is give tax cuts to millionaires
and billionaires and cut trade deals
that disproportionately affect lower
income Americans. this monster trade
deal with the EU that's a huge win for
Americans. It is a consumption tax on
us. We all pay that tariff. At the same
time, Trump is perusing Interior Design
magazine looking for tips on how to end
gold in his office. He is raising
revenue on the backs of American
consumers. Look, Joe Biden was not some
business magnate. Probably because when
he was growing up, the stock market
didn't exist yet. If you wanted to make
a trade, you'd have to tie up your horse
and offer up three bottles of sasparilla
and a mouthful of chewing tobaci for 30
minutes with a lady of the night. And
yet, during his administration, we still
saw 16 million jobs added, meteoric
growth in the stock market. Unemployment
was down to a 50-year low, and America
had the strongest economy in the
industrialized world. Since I've been
alive, there has not been a Republican
administration that's created more jobs
than a Democratic administration. There
has not been a Republican administration
that's had lower unemployment than a
Democratic administration. And there has
not been a Republican administration
that's had a stronger economy than a
Democratic administration. So this idea
that Republicans have a better business
acumen than Democrats is like Giuliani's
full head of black hair, a complete
fiction. So to Rand Paul and all those
other Republicans out there saying that
we need business leaders to run our
country, let me say to you what everyone
else says to Charlie Kirk on a daily
basis. Please, for the love of God, shut
your mouth.