The Pour Over Government Reopening Update, Trump Threatens BBC, Visa-Mastercard Settlement, & More | 11.12.25
16 snips
Nov 12, 2025 The podcast dives into the latest government reopening initiatives, focusing on veteran and SNAP funding. President Trump's billion-dollar threat against the BBC for a documentary sparks controversy. A massive $38 billion settlement between Visa and Mastercard could reshape merchant fees. Discussions also cover Trump's political moves, including pardons linked to the 2020 election. Additionally, the FDA updates menopause therapy warnings, and the fallout from a suspected terrorist blast in New Delhi is examined.
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Stopgap Bill Ends Longest Shutdown
- The Senate passed a stopgap spending bill to end the longest U.S. shutdown and send it to the House for final approval.
- The bill funds parts of government through Jan 30, 2026 for some agencies and aims to reverse federal worker layoffs.
Trump Threatens BBC Over Edited Footage
- Trump threatened the BBC with a $1 billion lawsuit over an edited January 6 documentary and demanded retraction, apology, and compensation.
- BBC leadership faced resignations and admitted an "error in judgment" after a leaked report on editorial failures.
Huge Settlement Targets Card Swipe Fees
- Visa and MasterCard struck a proposed $38 billion settlement with retailers to address credit-card swipe fees and rules.
- The deal would let merchants steer or surcharge cards but retailers call savings negligible against banks' fees.