About this transcript: This is a full AI-generated transcript of MSNBC Live : The Weeknight 4/15/2026 — MS NOW News Trump Today Apr 15, 2026 from Ebram ghaly_ابرام فرعون, published April 16, 2026. The transcript contains 6,882 words with timestamps and was generated using Whisper AI.
"and welcome to the weeknight. I'm Michael Steele with Simone Sanders Townsend and Alicia Menendez. Breaking tonight, Republicans are coming to the defense of Trump as he escalates his relentless attacks on the Pope. In moments, Senator Richard Blumenthal is with us. Also breaking new details on the"
[0:00] and welcome to the weeknight. I'm Michael Steele with Simone Sanders Townsend and Alicia Menendez.
[0:05] Breaking tonight, Republicans are coming to the defense of Trump as he escalates his relentless
[0:10] attacks on the Pope. In moments, Senator Richard Blumenthal is with us. Also breaking new details
[0:16] on the Trump administration's attempt to rewrite history on the president's efforts to overturn the
[0:21] 2020 election. Yes, we are still talking about this. This as it also looks to undermine the
[0:27] next election. Mark Elias will join us. And later, the president threatens the Federal Reserve chair
[0:32] again, and his Justice Department appears to take new steps in its baseless investigation of Jerome
[0:37] Powell. Norm Eisen is at the table. But we begin with breaking news on Donald Trump's deeply unpopular
[0:44] war with Iran. MSNOW confirms a second round of high-stakes peace talks between the U.S. and Iran
[0:50] will likely unfold next week, most likely in Pakistan. That is according to two Pakistani officials.
[0:57] The White House says future talks are in the works, but no date is on the books yet.
[1:02] Meanwhile, today on Capitol Hill, Senate Republicans blocked Democrats from passing a war powers
[1:07] resolution. This was the fourth attempt by Senate Democrats to rein in Trump's unauthorized war
[1:13] of choice. As for the president, his erratic behavior continues with troubling new attacks
[1:19] on the Pope. Last night, he name-checked Pope Leo online, pushing back against the pontiff's
[1:25] criticism of the war. And rather than caution the president, the White House's resident Catholic,
[1:30] J.D. Vance, escalated those attacks, telling a crowd of young conservatives that Pope Leo should
[1:36] be, quote, careful when talking about theology. And here's House Speaker Mike Johnson defending both
[1:42] Trump and Vance.
[1:44] A pontiff or any religious leader can say anything they want. But obviously, if you wade into political
[1:51] waters, I think you should expect some political response. It is a very well-settled matter of
[1:56] Christian theology. There's something called the just war doctrine. There's a time to every purpose
[2:00] under heaven.
[2:01] I don't know what the hell that is, because when you go and look at the catechism of the Roman Catholic
[2:09] Church, and I could specifically cite for you, Mr. Speaker, section 2307 to 2317, it lays out
[2:17] exactly the framing for a just war. And there's nothing about it under heaven or anything like
[2:22] that. What it specifically refers to is the idea that this is a moral framework. And it's this concept
[2:31] called use ad bellum, which means right to go to war. And what it requires, all these things have to
[2:38] be met. And this is what the pope has been trying to get folks to understand. Just cause, typically
[2:43] self-defense against aggression. Legitimate authority declared by proper political authority.
[2:49] Hmm, Congress, right intention, not revenge, conquest or domination. Last resort, all peaceful
[2:57] options are exhausted. Probability of success, not futile bloodshed. And certainly proportionality,
[3:05] expected good outweighs the harm. The other part is called use in bellow, which means right conduct
[3:13] in war. And that speaks specifically to how you behave, how you conduct the war. You must protect
[3:19] civilians, no intentional targeting. And proportionality, force use must match the objective.
[3:25] Folks, this is not this war. This is why presidents in the past have gone before the American people
[3:31] to talk on touch on all these things, because that core thread that the speaker clearly doesn't
[3:37] understand as he refers to it. It's nice to use the two words, but you need to know what they mean
[3:42] when they're put together. You know, the speaker fashions himself a religious man. He and his wife
[3:48] used to have a podcast up until he became the speaker. When they people started looking at the podcast,
[3:52] there was some weird, you know, what going on on that podcast. I encourage people to go look it up.
[3:55] I think some of the archives are on YouTube, but he fashions himself a religious man, yet could not
[4:00] even bring himself to adequately defend the Pope. Like, to be very clear, what the United States
[4:06] government is currently involved in, our leaders, we are not serious people. This is not how a serious
[4:10] nation behaves. And they are treating this one-sided back and forth with the Pope, because it is one-sided.
[4:15] It's like a shakedown. These are mob tactics. Like, who tries to shake down the Pope? Who gets in a fight
[4:21] with the Pope? Who does that? I, I, you mean it as a rhetorical question. Correct, because obviously
[4:27] we see who is, who, we, we see what's happening. Like, the Pope is not some cable news guest you can
[4:33] berate down with, like, your talking points. Um, but I, I think to zoom out, because for folks that
[4:38] are like, look, I'm not Catholic. This has nothing to do with me. They believe they is in the federal
[4:42] government. They is in the vice president, the president, the people that work for them believe
[4:46] that they are above reproach, that nobody can check them, that no one is allowed to speak up or speak
[4:50] back or speak out. They want you to just shut up and listen, shut and shut up and do your job,
[4:55] whatever your job may be. Dribble the church, whatever, insert whatever you think. And I,
[4:59] I believe that Americans should be very concerned because the president of the United States thinks
[5:04] he can shake down the Pope. Okay. If he thinks that the Pope needs to bend the knee, what do you,
[5:08] what the hell do you think they think about you? I just want to say that I think part of the reason
[5:11] they are willing to defend the president vis-a-vis the Pope is because it's a lot easier than
[5:16] defending the actual war. Let's, let's bring in Democratic Senator Richard Blumenthal of
[5:20] Connecticut. He serves on the Senate Armed Services and Homeland Security Committee. Senator,
[5:25] it is good to see you. Thank you for being with us. I mean, Senator, what do you think about this
[5:29] Pope shakedown? Well, I entered this debate with a lot of humility as a non-Catholic, but first and
[5:37] foremost, what rings in my ears is the Pope's declaration. I do not fear the Trump administration.
[5:43] And what he's preaching here is essentially peace. In my faith, shalom, peace is one of the highest
[5:52] values there is. And I admire his moral compass. Obviously, I, I'm not a Catholic, but we need
[6:01] these pillars of morality in a world that is so tumultuously cast with division and frankly,
[6:12] immorality. And I think he brings attention to the fact that in this war, lives have been lost.
[6:19] People have been maimed and injured. We talk a lot about the economic cost,
[6:23] Straits of Hormuz, increasing the price of aluminum and fuel and food. But there is a moral
[6:29] principle at stake here. Senator, I really appreciate you saying there because you put a really fine
[6:34] point on what I was trying to convey at the beginning there, because at the end of the day,
[6:39] what the Speaker of the House does not get by just by, by his words of what he said is that you
[6:44] can fight a just war unjustly. And, and, and that's still morally wrong. And that's exactly what
[6:52] the pontiff is trying to convey. I think your framing of that is consistent with this idea
[6:57] of Augustine, of Hippo. And I think the Augustinian Pope would know a little bit about Augustine
[7:02] who created the framing around just war along with Thomas Aquinas. So there is this moral code
[7:08] that's in place here. And so I appreciate your acknowledging that because it's an important
[7:12] piece. I want to get a little bit granular on the politics though, because I'm really curious
[7:17] as this whole thing is unfolding right now with respect to the, the, the war powers resolution and
[7:26] the fact that members of my party, um, who would fall over the, all over themselves in the past,
[7:32] uh, to require as they did with George Bush coming to the Congress and laying out exactly what your
[7:38] plan is for the Iraq war, et cetera, et cetera. Um, now find themselves sitting in cop closets and
[7:43] corners with their thumb, uh, in their mouth, uh, trying to figure out exactly what, uh, the next move
[7:49] would be, uh, waiting on Donald Trump to tell them. So I was curious today to see this go down yet again,
[7:55] um, the fact that Senator Fetterman seemingly agrees that the Congress has no role here and that,
[8:04] you know, this concept that, well, we want to support our troops. Well, dammit, that has nothing
[8:09] to do with the war powers resolution. The war powers resolutions, you can clarify for a senator,
[8:14] does not impede on the defense department to execute, uh, the, the plan on the ground or in the
[8:21] air or in the sea. What it does say is that the Congress, uh, requires the president to account
[8:28] for the actions that he wants to take militarily. In fact, Michael, I think you're absolutely right.
[8:34] The war powers resolution actually supports our troops because the founders wanted Congress to be
[8:41] required to approve a declaration of war because they wanted the American people to support troops
[8:47] when they went into war. We should not be putting our sons and daughters in harm's way without the
[8:54] president going to the American people and getting their support. And it's a matter of law, but it's
[9:00] also, again, a matter of fundamental morality and values, you know, which again brings us back to the
[9:07] hope and other moral leaders in our world. Right now, the American people are very, very much opposed
[9:17] this war growing more so by the day and supporting the troops means we want to save their lives
[9:22] without subjecting them to danger and risk without a clear objective and strategy and end game.
[9:29] So today, Senate Republicans largely rejected this war powers resolution with the DNC called, um,
[9:36] writing a permission slip for the president's war of choice. I wonder if you agree with that
[9:41] characterization, but I also want to talk to you about the timeline because you're joining us on April 15th.
[9:45] Happy tax day to you and all who celebrate. Um, your colleagues, Republican colleagues are fixated
[9:51] on April 29th as the day when they're finally going to do something. Let me read you some reporting from
[9:57] the Associated Press and then you and I can talk about it. Senate Republicans reject effort to halter
[10:01] on war, but some eye future war powers vote. After the 60 day or 90 day deadline, it's time to fish or cut
[10:08] bait, said Republican Senator Tom Tillis of North Carolina. Senator Lisa Murkowski, Republican of Alaska,
[10:14] has been talking to colleagues about putting together a resolution that would authorize the
[10:17] war beyond that time period. Republican senators, John Curtis of Utah and Susan Collins of Maine
[10:22] have also said they would like to see congressional action. Um, what is supposed to happen in the next
[10:29] two weeks? And what is the danger of giving this president two more weeks with that permission
[10:35] slip to continue unabated and unchecked by Congress? Well, we're going to bring back the war powers
[10:42] resolution. I hope next week we're going to do it again and again and again and again. We're going
[10:48] to hold Republicans accountable. It's more than just speeches on the floor. The American people
[10:52] are going to begin watching. You know, all three of you know, having been veterans of this process,
[10:59] that the name of the game is often repetition. And after a certain point, things break through.
[11:06] So this war powers resolution is necessary to do now. And fortunately, maybe there'll be more peace
[11:13] talks in Pakistan. Maybe Lebanon and Israel and Hezbollah will have a truce. Maybe the truce that we
[11:21] see or the ceasefire in Iran will hold for a little while longer if there are talks. But I can tell you
[11:28] from conversations I've just had with Republican colleagues on the floor of the United States
[11:33] Senate, their patience is fraying. They may not budge on this vote or maybe even next week.
[11:40] But John Curtis of Utah says he's not going to vote for more funds unless there is a vote on the war.
[11:48] And that view is reflective of a number of others. I never predict what Republican colleagues can do.
[11:57] You and I have talked about in the past. I'm never optimistic, but we're going to hold them
[12:02] accountable through these repeated votes. You know, Senator, I just want to go back to your
[12:07] point that you made about the founders, because I do think it's a very important one. The framers of
[12:12] our constitution, they designed a system not actually for a rational leader. They designed a
[12:18] system that took into account an irrational leader. I would argue maybe not as irrational as the one we have
[12:23] right now, but very rational. James Madison, Alexander Hamilton, they just came from a monarchy.
[12:29] They have seen, they saw what happened when one leader had all of the power to take a country to
[12:36] war based on personal grievance, impulse or insult. So this, I'm just, people out here that are a little
[12:44] frustrated that it seems like everybody else can see very plainly what Congress needs to do here.
[12:50] Yet all of the senators and all of the members of Congress, namely your Republican colleagues,
[12:56] don't seem to see it that way. They are more concerned with their fealty to the president at
[12:59] this point than their duty to the American people in our constitution.
[13:04] They're going to begin to recognize the president's taking them down a path that is going to lead to
[13:11] disaster in November. The American people are fed up with the rising prices that they see,
[13:19] and we're facing literally a shockwave in global crisis that is going to send a tsunami of price
[13:29] increases rippling through the world economy. And it's going to hit America, even though the stock
[13:34] market rose today by very impressive amounts. The American people live at the grocery store when
[13:43] they pay their rent, when they put clothing on their children and food on the table. And there's bad
[13:51] news for them ahead. Unfortunately, if this blockade continues, and my Republican colleagues fail
[13:56] to act as they must. And you're right about the founders. You know, the monarch could draft them,
[14:03] could put them into chains if they failed to do what he said in taking up arms on his side.
[14:09] And the army behind George Washington was fighting for freedom. And when they finished,
[14:18] they didn't want war to be declared without the American people being behind it.
[14:23] Senator, we have one more for you before we let you go. And it really kind of
[14:27] loops all of what we've talked about together. When you're looking at the American people consuming
[14:35] the behavior of the administration, the policies or lack thereof that are affecting their daily lives,
[14:43] and certainly the role that the Congress may or may not be playing is or is not playing.
[14:49] I was struck by Donald Trump on Fox News talking about this war. And again, Americans are consuming
[14:57] this. And this kind of feeds into the last point you made about how they then evaluate and assess
[15:01] what they do with their vote in November. Let's take a quick listen to talking about the war and
[15:07] whether or not it's over. Well, you keep saying was. Is this war over?
[15:14] I think it's close to over. Yeah. I mean, I view it as very close to over. You know what?
[15:20] If I pulled up stakes right now, it would take them 20 years to rebuild that country.
[15:26] And we're not finished. We'll see what happens. I think they want to make a deal very badly.
[15:30] And we see why our allies and the American people are not aligned with this administration,
[15:36] because we don't know where we're going. We're rudderless right now.
[15:40] Rudderless is exactly right. You know, it's easier to get into war than to get out of it. And
[15:46] the great wars in the world history have often resulted from miscalculation
[15:54] and misjudgment about the intentions of opponents. Donald Trump has gravely miscalculated the will of
[16:01] the Iranian regime and even of the Iranian people. They're fighting for their survival and they're
[16:08] not going to go away as quickly or easily as he thought at the beginning when he wanted to secure
[16:15] uranium and change the regime and destroy the drones and fast boats. He hasn't achieved any of
[16:23] those shifting and contradictory objectives because they can't be achieved at 30,000 feet. And so the
[16:31] great fear I continue to have is that out of desperation, he will put our sons and daughters
[16:36] on the ground at risk with massive casualties. Senator Richard Blumenthal, thank you, sir,
[16:43] for being with us. In just a moment, breaking news, the Trump administration now attempting to rewrite
[16:48] history on the president's first impeachment. Mark Elias is going to join us. And later,
[16:52] Trump's retribution campaign against Fed Chair Jerome Powell. It never went away. Now the president
[16:57] is threatening to fire him once again for not caving to his demands. You're watching The Weeknight.
[17:02] Breaking just moments ago, MS Now has just confirmed Director of National Intelligence Tulsi Gabbard
[17:18] referred the whistleblower whose complaint led to the first impeachment of President Trump
[17:22] and the inspector general who deemed their complaint credible for possible criminal prosecution
[17:28] by the Trump Justice Department. The move comes days after Gabbard released documents alleging a
[17:33] conspiracy behind Trump's first impeachment. Except, folks, the documents prove no such thing,
[17:38] okay? Also today, the Justice Department that will review this criminal referral is the same one
[17:45] that just asked a federal appeals court to throw out the seditious conspiracy convictions of Proud Boys
[17:50] and Oath Keepers who were sentenced for leading far-right extremist groups and attacking the Capitol
[17:55] on January 6. Now, Trump had already commuted the sentences of these leaders, but this move would go a
[18:01] step further and erase the convictions. In both instances, the administration, it is not just trying
[18:08] to sanitize the past. It is laying the groundwork for future efforts to undermine elections, and we need
[18:14] to be very clear about that. Joining us now is Mark Elias, someone who is extremely clear, the founder of
[18:19] Democracy Docket and chair of the Elias Law Group. Mark Elias, what is the DNI doing here?
[18:24] They're doing Donald Trump's bidding. I mean, they are doing exactly what Simone said.
[18:28] They are trying to weaponize the government against Donald Trump's political opponents,
[18:34] right? So that's the breaking news now, is that, you know, a Department of Justice that has
[18:39] gone after Donald Trump's enemies is now going to only go after more of their enemies. You know,
[18:43] the acting attorney general has gone so far as to say that it's the president's duty to have the
[18:48] Department of Justice go after his enemies and that Americans should be happy. Those are his words,
[18:52] not mine. So that's part of it. The second part is what Simone said, which is that they are laying
[18:57] the predicate. They are laying the foundation to say that when they claim that Democrats are
[19:05] interfering with the election or foreign governments are interfering with the elections,
[19:09] that we are to believe them and we are to allow the executive branch to do whatever they deem
[19:15] necessary, including seizing ballots, including taking over voting equipment. And we all need to
[19:20] be aware of that. Mark, the first part, to put an exclamation point on what you just said,
[19:27] is largely what we see Tulsi Gabbard doing under Trump's instructions. It's trying to erase history
[19:34] as well as elevating the chilling effect on those inside the government who are noble public servants
[19:42] to the extent that there are any remaining after the purge by this administration, who would in the
[19:48] future serve as whistleblowers on the behavior of this administration. It just struck me that the
[19:55] people who are doing all the criming are the ones going after the folks who aren't. And that to me
[20:00] is very telling. I want to go in a very different direction with you for the moment as you and me
[20:05] have a little sidebar lawyer to lawyer on this point. I find it intriguing that when you listen
[20:13] to the words of Donald Trump, Tulsi Gabbard, Russell Vaught, all of them, every last one of the
[20:19] idiocracy, when they talk about January 6th, when they talk about the voting being fraudulent or mail
[20:31] in ballots being fraudulent, they say all this stuff has happened. And yet, at what point, at what point
[20:41] did the conspiracy come together to do all of this? Do you know, people, how involved and detailed
[20:49] it would have had to have been for organs of the government to prosecute and put into place all
[20:56] of these various things? I mean, this is the part of the lunacy here, that they want us to believe
[21:02] this grand conspiracy now justifies them going back and rewriting that history, right, erasing the
[21:10] criminality of the individuals involved because of this conspiracy by the deep state. And yet,
[21:17] this happened under his government. It was his Justice Department, his FBI, his DNI, his NSA.
[21:27] All of these people were under his control. You mean none of them in all that time leading up to 2020
[21:35] could see this conspiracy unfolding? Not a text, not an email, not a telephone call, not a lot of,
[21:41] not a letter, not, you know, clandestine meetings at Starbucks? Come on.
[21:46] No, you're exactly right. I mean, the last point you made is, is to me, the most important one is
[21:52] that, you know, Donald Trump acts as if somehow he was the victim of the Biden administration.
[21:57] Let us just remember that, as you point out, Donald Trump was president when all of this was
[22:02] happening, right? And by the way, the thing that he was impeached over, there's a transcript of the
[22:07] call. Like, you don't have to listen. You don't have to listen to any witness. You don't have to listen to a
[22:12] whistleblower. All you have to do is read the transcript. And you can see what he was doing
[22:16] with Vladimir Zelensky on that phone call. So it is like, you know, he needs to start by, like,
[22:22] saying, set aside the transcript and then believe that my entire administration was the deep state
[22:29] against me. But look, this is the reason why to turn to the recent news out of Hungary. I think we
[22:35] need to take partial comfort, but not complete comfort. Like, yes, it shows that people, if they are
[22:40] determined, can show up and vote and turn out a dictator. However, Donald Trump's movement is
[22:47] quite different than Orbán's was. Orbán's was a nationalist movement, a terrible nationalist
[22:54] movement, but a nationalist movement. Donald Trump's is a Trump movement. It is about him. It's not about
[22:59] the country. It's not about America first. It's about Donald Trump first. And core to that is the
[23:05] belief that Donald Trump is always the victim. He is the victim of elections. He's the victim of foreign
[23:10] governments. He's the victim of the deep state in his own administration. He is always the victim.
[23:15] And that makes him a lot more dangerous in many respects and is the reason why we all need to stay
[23:21] on guard. You know, Mark, I don't think you move to try to rewrite the conditions or the history of
[23:29] January 6th unless you need those conditions right now. I don't think you move to install people who were
[23:36] election deniers in the government unless you want those people to act on their actions in official
[23:44] capacities. I don't I don't think you dismantle accountability unless accountability is actually
[23:50] a threat to what's happening here. We often talk about how this is about this upcoming midterm. This
[23:54] is from ProPublica about the president's effort to take over the midterm elections. The people we
[24:00] identified as resisting attempts to overturn the 2020 results have been replaced by roughly two dozen,
[24:06] that's 24 people Trump has installed in positions that could affect elections. Ten of them actively
[24:12] working to reverse the 2020 vote and the rest are associates of such people. These are the folks
[24:17] inside the government right now. Yeah, look, Simone, you and I see eye to eye on this completely.
[24:24] And I'll add a couple of things. You don't seize the ballots in Fulton County just because you want
[24:30] the ballots from 2020, but rather you do it because you're planning for 2026. You don't subpoena
[24:36] ballot images from Maricopa County from 2020, except that you also want to know how to do that for
[24:42] 2026. A Republican sheriff in California doesn't see 650,000 ballots from a referendum that took place
[24:52] last year, which was a landslide, unless you are trying to figure out how to do it for 2026. Donald
[24:58] Trump doesn't issue an executive order saying that he is going to create a list of who is eligible to
[25:04] vote by mail and send it to the Postal Service and say, you cannot allow any other person to mail their
[25:09] ballots if they're not on my list. You don't do that unless you care about the 2026 election. You
[25:15] don't start to lie about foreign interference unless you are setting the predicate to lie about
[25:21] foreign interference in 2026. So, Simone, I agree with you. And one of the great tragedies of this
[25:26] time is how few people are recognizing that what Donald Trump is doing is not just relitigating
[25:33] history. He is laying the groundwork for the future.
[25:36] I think the groundwork for the future and the question, of course, is who is going to be around
[25:41] him. I want you to take a listen to a conversation and interview that NBC's Laura Jarrett had
[25:46] with acting AG Todd Blanche.
[25:48] Every single person in this administration, me included, and obviously Attorney General Bondi as
[25:55] well, we serve at the pleasure of the president. And that's true of any administration. And so
[25:59] the president has the right and the duty and the obligation to make sure that he has folks that
[26:06] that he wants. And the president may choose somebody besides me to be the attorney general
[26:11] today. I can't speak to to his thinking. I can't speak to what happened the past year.
[26:17] All I can say is that we have a very defined mission that we've been trying to execute and
[26:23] will continue to execute. If the president of the United States says, go steal me an election and
[26:29] you serve at the pleasure of the president, what does that then mean for a democracy?
[26:33] Well, I mean, what it means is that you either have honor and dignity and you resign or you do
[26:39] what Todd Blanche is saying he would do. I mean, Todd Blanche has been very clear and it makes him
[26:43] a extraordinarily dangerous liar. You know, you all have interviewed a lot of politicians and I say
[26:50] this with due respect and affection for many of them, but there's a way politicians lie. And that's
[26:55] the way that Pam Bondi lied. She would say, no, I am not doing the bidding of the president. I would
[27:00] never do a political prosecution. Todd Blanche, the criminal defense lawyer, different, whole
[27:05] different mentality. His job is to take inconvenient facts and not deny them, but rather make them seem
[27:11] like they're good facts. Like, yes, of course, my client had a bloody knife in his hand. Who would
[27:16] innocent person wouldn't have the bloody knife in his hand? And so what he says is, of course, we would
[27:21] do what the president says, Alicia, that's a good thing. That's democracy, right? So he embraces it
[27:29] as if doing the president's bidding to go after his political opponents, to undermine free and fair
[27:36] elections, as if that is a virtue instead of the totalitarian actions of an authoritarian.
[27:43] Clock it, Mark Elias, as we like to say. Thank you very much for your time tonight, sir. We will see
[27:48] you again soon. After the break, the Trump Justice Department, well, it looks like it's continuing
[27:53] the investigation into Fed Chair Jerome Powell, despite a judge telling officials. Donald Trump
[27:58] is once again threatening to fire Federal Reserve Chair Jerome Powell, who has been in the president's
[28:04] crosshairs since refusing his pressure campaign to lower interest rates. Powell has also been the
[28:10] target of a stalled criminal investigation involving renovations to the renovations to the agency's
[28:15] headquarters. That investigation has faced several legal setbacks. But yesterday, despite those
[28:22] setbacks, prosecutors from the office of U.S. Attorney Janine Pirro tried to survey the site
[28:29] unannounced. Here's Trump on the investigation. So you're not going to drop the probe?
[28:36] Oh, I'm not. I have to find out. And he said he's not leaving if, you know.
[28:41] Well, then I'll have to fire him. OK, if he's not leaving on time, I've held back firing him.
[28:47] I've wanted to fire him. But I hate to be controversial.
[28:53] There's that. Powell's term as Fed Chair is set to end one month from today. But a key Republican
[28:59] senator is holding up the confirmation of his replacement until the investigation into Powell
[29:04] is over. And until that replacement is confirmed, Powell says he's staying.
[29:09] Joining us at the table, Norm Eisen, former White House ethics czar in the Obama administration
[29:14] and co-founder of the Democracy Defenders Fund.
[29:18] This is part of the president's continued attempt to bring one of the last, one of the few guardrails
[29:27] we have left of independence when it comes to our economy under political control. And it is not
[29:31] a coincidence. Gas prices are rising, Norm. The economic outlook is not looking rosy. The narrative
[29:37] is not good. Trump cannot spin away the reality of the situation that people are seeing in this
[29:42] country when they go to the grocery store, when they try to buy anything, where it comes to how
[29:47] they live, where they live, their rent. And so they want control of the economic narrative because they
[29:52] think it will serve them politically. I would like to take them to the 1970s. Nixon tried that.
[29:56] Didn't work out too well. But whatever. What do I know? This is crazy, but they're doing it and
[30:01] they're going to continue to do it. Who's going to stop them? It's both crazy and illegal. Very privileged
[30:09] to represent another Fed governor with a wonderful team of lawyers, Lisa Cook. We litigated her case,
[30:17] the similarly illegitimate effort to investigate her, to fire her. It's the same pattern. The court said
[30:24] no. That matter has gone to the Supreme Court, where the bench was extremely dubious, to say the least,
[30:35] Simone. So what you're seeing is the continued frustration as the rule of law and the guardrails
[30:44] hold back these impulses. There's a reason we have Fed independents. That's been a benchmark
[30:52] of American prosperity and really important to the world. And the United States has benefited as a result.
[31:02] So this latest effort won't work. Of course, what's different is we've got the Article I Congress,
[31:09] which is so often supine. Senator Tillis is saying, no, I won't go along with it either. I want to confirm
[31:18] your new nominee while Jerome Powell's under investigation. So clearly the president's
[31:24] thought pattern here is, I get Powell out of the way and I get exactly what I want because I put in
[31:30] a loyalist and they do my bidding. The problem for the president is that that is not how the Fed works.
[31:36] This is some reporting that caught my eye. Mr. Trump said he would only pick a chair who supported
[31:41] lower rates. But Mr. Warsh, who is, of course, who he is likely to nominate, is likely to face pushback
[31:46] if he pursues that, at least in the coming months, given the economic impact of the war in Iran.
[31:52] Policy decisions are made by a 12-person committee made up of the seven members of the Board of
[31:57] Governors, the president of the Federal Reserve of New York, and a rotating set of four presidents
[32:02] from the regional bank. So when he hits that impasse, what happens then?
[32:05] Well, there will be more frustration, more proclamations that he doesn't want to be controversial.
[32:14] Remember who nominated Jerome Powell? Donald Trump in his first term. Economic policy is not something
[32:23] that we can afford to make into a partisan football. The prosperity of the American people
[32:33] is riding on this. With soaring costs already, are we going to cut rates and increase inflation?
[32:40] So I really have to salute the chairman, who has been absolutely steadfast in the face of these
[32:51] pressures, and the courts, including judges appointed by Donald Trump himself, who show no indication
[33:00] of allowing this kind of attack, an unfortunate attack on the Fed, to take place.
[33:07] So let's play with the political football just a little bit, because since you've got one,
[33:11] let's play with it. Here we go. So here's the thing. Very much to what Alicia just laid out,
[33:17] how the mechanisms that are in place within the institution operate, meaning that they have,
[33:24] in their regard, their own little checks and balance system. There are this Board of Governors,
[33:28] or this number here, certain number there, you're rotating folks in and out, right? You don't know
[33:34] what you're going to get. But the one constant is exactly what you both talked about, and that is
[33:38] the threat of where the economy is. On the sidelines is the Republican Senate, in particular,
[33:46] who will take the nomination of Mr. Warsh to be the next Fed chair. So why don't Tim Scott,
[33:54] who's head of the banking committee? Just advance the ball. Just advance the ball. I mean, seriously,
[34:01] this all goes away, Mr. Trump, if Senate Republicans do your bidding. Now, they do,
[34:08] they want to do his bidding on other stuff. What is the holdup here? Why are we suddenly now saying,
[34:15] oh, brakes? And that's because they know the exact same thing you just said. The moment you take your
[34:22] foot off the economy, take the brake off, guess what happened? We all crash. And they know by the
[34:31] time you get to November, if you get a chairman in there in May, by the time we get to November and
[34:36] they've dropped interest rates, inflation, which is 3.3 percent announced last week, will be close
[34:43] to 5, if not more. Well, and again, because these issues should not be partisan issues,
[34:51] we do have to salute Senator Tom Tillis, who, like Judge James Bosberg here, who said there's no basis
[34:59] to investigate Chairman Powell. Senator Tillis has said he will not allow this nomination to move. He's
[35:06] making a point until the criminal investigation, which is completely groundless. I saw the U.S.
[35:13] attorney, Gene Pirro, was complaining about construction cost overruns. Anybody who's ever done
[35:19] construction has had a cost overrun. They have to make the whole country.
[35:24] Of Trump projects? I mean, come on. Also, the taxpayers aren't paying for the reconstruction,
[35:29] which is an important point. So Senator Tillis, responsible of the president's own party, has said
[35:37] no. You know, it's not fair to Chairman Powell to, as so many others have been targeted, it's not fair
[35:45] to target him. There's no basis to do it. It's wrong. And I'm not going to move, Mr. Warsh, until this
[35:51] matter is resolved. Now, why they sent those assistant U.S. attorneys to the construction site
[35:58] you know, it's, it really is the game that you're trying to be the attorney. Yeah, it's just
[36:04] political drama. Can I just go back to one thing you said earlier? You said Jerome Powell has been
[36:07] steadfast against, in the face against Trump and the threats. He has been steadfast for himself.
[36:13] Lisa Cook, like you were one of her attorneys. The attack on Lisa Cook was not just about Lisa Cook.
[36:18] It was in fact about the independence of the Fed. Yet Lisa Cook had to go all the way up to the
[36:23] Supreme Court because the Fed put out a mealy mouth statement when she was attacked the first time.
[36:27] Well, I'm going to let the court record speak for all that. But I do think it says volumes that Lisa
[36:38] Cook, unlike many others in Washington, Dr. Cook continued in that job. She came to the meetings,
[36:45] she was accepted, and the Fed has really abided by the rule of law. But if you want more about it,
[36:54] we filed a big pile of legal papers, and we're confident in the success on the merits there. And
[37:00] Dr. Cook is another hero of this country, like Chairman Powell, who just, like so many others, like
[37:06] Tish James, Jim Comey, they've come for them, and the courts are holding up, the guardrails are holding up.
[37:13] We like to track that. We've tracked the authoritarianism and the pushback now. You do
[37:19] feel a sense the tide is turning, that the pushback, and let me say this is such a great story because
[37:26] Republicans are doing it, Michael. Republicans, Jerome Powell, Tom Tillis, standing up to the
[37:33] president. Well, we appreciate that. And Ms. Cook, got one here. Norm Eisen, thanks very much.
[37:40] Really appreciate you. When we return, it's tax day. Yeah, baby. Got till midnight to get that
[37:46] thing stamped and in the mail. And despite Donald Trump's promises, fast-rising gas prices are putting
[37:51] a damper on those huge refunds he claimed Americans would be getting. Y'all doing the math right now,
[37:57] right? We're going to talk about it, right? He was getting for Americans.
[38:02] Next year, you will also see the results of the largest tax cuts in American history
[38:08] that were really accomplished through our great, big, beautiful bill. And next spring is projected
[38:15] to be the largest tax refund season of all time. Well, fast forward to today, and here's the reality.
[38:22] Spiking gas prices from Trump's war with Iran are going to eat into those promised refunds. That's
[38:26] according to the Associated Press. Worth noting, lower and middle-income households will be hit even
[38:32] harder because they're likely to receive lower refunds while spending just as much on gas.
[38:37] That's a critical part of this because the math does not math. I'm thinking of a number of
[38:44] elderly individuals whose taxes I'm familiar with, and they have to pay for the first time in about
[38:50] four or five years because a combination of benefits that were increased that they got.
[38:56] In addition to, remember, this administration infused a lot of cash through Social Security and
[39:03] other programs, that then was treated as income. And so, yeah, you think you got a big refund,
[39:10] but if you're not in that top 1%, you won't see it coupled additionally with the cost of price of gas.
[39:16] Yeah. Today, Republicans on the Hill were trying to rebrand the one big, beautiful bill as the
[39:22] working families tax cut bill. And I'm like, that ain't what it was called. This was not a working
[39:28] family tax cut. People do not. People think their taxes are too high. A Fox News poll on April 8th
[39:34] said 70% think their taxes are too high. A Gallup news poll taken April 10th says 59% think they're
[39:42] too high. Alicia, the taxes are too damn high, okay? Like, it's crazy.
[39:45] They're too damn high at a time when you also have cost of living increasing. And here's the thing.
[39:50] There was a possibility that he went into November and gas prices could have been higher due to global
[39:56] factors. That's not what happened here. What happened here is he made a choice, a choice he did not have
[40:02] to make to attack Iran. And that is why we now have these gas prices. So he owns this economy. He shot
[40:09] himself in the foot. And yes, he will pay the political price for that. But Americans are now paying
[40:15] a very material price for it at home. That is such an important point because it really speaks to the
[40:21] reality that, as we just noted a moment ago, inflation is down 3.3%. And it's not just...
[40:27] Beef is up 15%. Beef is up 15%. But it's also not just what you're paying at the federal level or
[40:34] whatever you may be getting there. But it's the state and the local taxes as well. The pressure is
[40:38] always downward on the little guy, the little gal who is trying to make it from day to day.
[40:43] This is not a working class president. May I say that? I always appreciate a rebound. Coming up on All In,
[40:49] Chris is going to sit down with Democratic Senator Tim Kaine of Virginia.
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