Morning Wire Trump’s Financial Gambit & DC Crime Intervention? | 8.8.25
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Aug 8, 2025 
Cabot Phillips, Senior Editor at Daily Wire, dives into President Trump's recent executive actions aimed at overhauling 401k investments and banking practices. He highlights Trump's surprising proposal to federalize D.C. to combat rising youth crime. The discussion also touches on how Gen Z is reshaping marriage trends with declining divorce rates, suggesting a renewed focus on family stability. The interplay between economic freedom and perceived banking biases adds another layer to this intriguing conversation about current events.
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Trump's Financial Executive Orders
- President Trump signed executive orders impacting 401ks and banking discrimination against conservatives.
- The order allows private asset investments in 401ks and removes "reputational risk" to prevent banks from cutting off conservative customers.
India-U.S. Tariff Standoff
- India resists U.S. tariffs after refusing to stop buying Russian oil.
- Modi accepts paying a heavy price, setting up a tariff standoff with the U.S.
Federalizing D.C. Crime Control
- Trump threatens federal control over D.C. due to rampant youth crime.
- D.C.'s crime remains high with low prison sentences fueling repeat offenders.