Tom Schoenberg

Tom Schoenberg, a senior reporter at Bloomberg, delves into the complex relationship between presidential pardons and banking access, revealing that banks can still deny services despite pardons. He highlights cases like Elliot Broidy and Mahmoud Reza Banki, showcasing the challenges pardoned individuals face. Meanwhile, Joshua Kastenberg, a law professor and former military judge, analyzes the legality of using the military for domestic protests, discussing the risks outlined by the Posse Comitatus Act and the peril of treating protests as insurgencies.

Alex Rajbhandari, a Bloomberg reporter specializing in the U.S. insurance sector, joins Tom Schoenberg, who covers financial regulation. They delve into how private equity has taken control of life insurers, shifting retirement savings into high-risk investments managed offshore. The discussion highlights the alarming trends in pension conversions, the lack of protections for retirees, and potential systemic risks posed by opaque financial practices. Their insights reveal the precarious future for American retirees amidst evolving regulatory landscapes and legal battles.

Andrew Willinger, a Second Amendment expert, discusses critical federal gun-possession laws and the evolving landscape of state restrictions after recent court rulings. Robert Mintz, a former federal prosecutor, highlights the complexities of the emergency-aid exception to warrant requirements, shedding light on ongoing Supreme Court deliberations. Tom Schoenberg reveals the surprising impact of presidential pardons on banking access, detailing how criminal histories complicate financial relationships.