This podcast covers the release of gasoline from the Northeast Reserve by Biden, FDIC head resignation, and legal cases regarding fraud accusations and Graceland estate auction dispute.
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Quick takeaways
Biden administration releases gas reserve to lower pump prices for Americans during summer driving season.
Trump's defense team rests case without former president testifying, trial to resume next week for jury instructions.
Deep dives
Trump's Defense Rests Without Testimony
Donald Trump's defense team rested their case without the former president testifying. The trial will resume next week for jury instructions and closing arguments. Bombshell testimony from prosecution witness Michael Cohen revealed lies and theft from the Trump organization. Deliberations are expected to begin next Wednesday.
Biden Admin Releases Gasoline from Northeast Reserve
The Biden administration is releasing one million barrels of gasoline from the Northeast Reserve to lower pump prices. Gasoline will be sold in increments from a reserve established after superstorm Sandy. This action aims to reduce costs for Americans during the summer driving season. Despite AAA reporting an average of $3.60 per gallon nationwide, experts like Derek Morgan doubt the significant impact of this release.
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Legal developments and Gasoline Reserve Release discussed