The Hugh Hewitt Show: Highly Concentrated Senate Rescission Moves Forward
Jul 17, 2025
John Campbell, a former U.S. Representative with deep ties to financial services, joins Senator James Lankford of Oklahoma and retired Navy Rear Admiral Mark C. Montgomery to discuss pivotal legislative matters. They dive into a significant Senate move to cut $9 billion from the budget, touching on potential impacts on foreign aid and public broadcasting funding. The conversation also addresses the U.S. military's role in Ukraine and reflects on the shifting political landscape, highlighting the urgent need for community engagement in governance.
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Washington's Assassination Attempt
- Selina Zito reveals George Washington narrowly escaped assassination by a French-allied Native American.
- The incident occurred in Ohio's Butler area during contested colonial land disputes.
Powell's Tenure Nears End
- Federal Reserve Chair Jerome Powell is in the late stage of his term, possibly less influenced by presidential pressure.
- The President can appoint a successor to encourage an early departure.
Interest Rate Cuts Have Mixed Effects
- Cutting short-term interest rates lowers loan costs but may increase long-term mortgage rates.
- Some seniors lose income, and the housing market impact is complex and risky.
