About this transcript: This is a full AI-generated transcript of The Briefing With Jen Psaki 5/9/2026 — MSNBC Breaking News Today May 9 2026 from News And Politics, published May 9, 2026. The transcript contains 4,654 words with timestamps and was generated using Whisper AI.
"so I'm going to let you get some shut-eye, see your family. I don't know how you're fitting it all in, but I'll let you get to that, and I'll see you tomorrow. Awesome. Have a great show. Okay. Did you think this administration couldn't get any crazier? Did you think we'd reach the ceiling on the..."
[0:00] so I'm going to let you get some shut-eye, see your family. I don't know how you're fitting it
[0:04] all in, but I'll let you get to that, and I'll see you tomorrow. Awesome. Have a great show.
[0:09] Okay. Did you think this administration couldn't get any crazier? Did you think we'd reach the
[0:19] ceiling on the super crazy? If you did, I'd ask you to consider the headlines we've gotten just
[0:25] in the last couple of hours today. I mean, Pete Hexeth has just ousted the Secretary of the Navy
[0:31] at a time when the U.S. is enforcing a massive naval blockade in the Strait of Hormuz.
[0:36] And then there's this story from the New York Times reporting that the FBI tried to investigate
[0:41] a journalist after she wrote about Kash Patel's 20-something-year-old girlfriend receiving
[0:47] all sorts of government perks, like, say, a SWAT team security detail that escorted her around,
[0:53] including when she was going out at night. We're going to have Senators Cory Booker and
[0:57] Senator John Ossoff here tonight to discuss all of that and much more. But first, I just have to
[1:03] start with Virginia, because last night, the voters in Virginia did something really big.
[1:10] They approved a new congressional map, a map that nets Democrats four more likely seats in the House
[1:15] of Representatives. And just to put this in perspective of what it means nationwide,
[1:19] as the New York Times put it, going into last night, Republicans had a two-to-three-seat
[1:24] edge in the House of Representatives. But Virginia's new map, after redistricting,
[1:30] I should say, but Virginia's new map leaves the national redistricting war at roughly a drop.
[1:35] So that's a big deal. Now, I should note that a judge has temporarily blocked Virginia's new map,
[1:40] but that decision is likely to be appealed, and that appeal seems likely to win. So the bottom line
[1:46] is this. Last night, voters in Virginia made clear they are not going to lay down and allow Trump
[1:52] to hold on to power in Congress through any means he chooses. They made the midterms a fair fight.
[2:00] Now, to be clear-eyed, Trump and his minions are not giving up either. They're going to try to
[2:05] gerrymander more Trumpy states. I mean, Florida is their next target. And Trump clearly has plans to
[2:10] mess with the elections themselves. We all know that. We'll keep talking about it. But here's what
[2:15] we've seen so far in election after election. No matter what dirty tricks are tried, no matter the
[2:20] intimidation tactics and the disinformation, over and over again, people in this country are showing
[2:26] up and making clear they have had enough of Trump's accountability-free administration and had
[2:31] enough of the spineless leaders in Congress who blindly follow him and allow him to do many of the
[2:37] things he continues to do. And to be clear, after last night, the Democrats have never been in a
[2:44] better position to win back the House of Representatives in November. And yeah, Trump
[2:49] would still be in the White House. He would. But control of the legislative branch of government
[2:55] means subpoena power. It means investigations. It means people will be in charge who are actually
[3:00] going to hold the president and his administration to account. And that matters now more than maybe
[3:06] ever before. Let me tell you what I mean. I mean, earlier this week, The Wall Street Journal broke the
[3:11] news that the United Arab Emirates is asking the United States to throw them a financial lifeline
[3:16] to use something called a currency swap to buoy the UAE's economy. Well, last night, Trump said
[3:22] he's considering it. Is there some type of swap possible to currency swap with the UAE to help if
[3:31] they need it? And do you think there would be backlash because it's such a wealth or perceived to be
[3:35] such a wealthy country? Is that under consideration? It is, but it's been a good country. It's been a good
[3:41] ally of ours. Now, the question is, when Trump says that he might use the U.S. Treasury to prop up
[3:50] the UAE because, in his words, it has been such a good ally, does he mean such a good ally to the
[3:57] United States of America? Or does he mean to Donald Trump personally? Because, I mean, four days before
[4:04] Trump was inaugurated last year, an investment firm tied to a member of the UAE's royal family paid
[4:09] half a billion dollars for a 49 percent stake in the Trump family cryptocurrency company World
[4:14] Liberty Financial. The Wall Street Journal reports that the way that investment was structured steered
[4:19] 187 million dollars toward Trump family entities. Another 31 million dollars reportedly went to
[4:27] entities affiliated with the family of Steve Witkoff. Yes, Steve Witkoff, that guy. One of Trump's top
[4:33] negotiators in the Middle East whose family co-owns World Liberty Financial. Now, a few months after
[4:39] that reportedly happened, an investment firm backed by the UAE provided the Trump and Witkoff families
[4:45] with yet another windfall, depositing two billion dollars into, you guessed it, World Liberty Financial.
[4:53] Now, both President Trump and Steve Witkoff say they have divested from World Liberty Financial and have
[4:57] not been involved with the company or any of its deals since Trump took office. And, of course,
[5:01] World Liberty Financial says that deals with the firm do not grant investors any access to government
[5:06] decision-making of any kind. But here's the thing. This is the heart of the president's family
[5:13] business. His sons, too, these days. This is the heart of it. According to an analysis from Forbes last
[5:20] year, crypto now accounts for the majority of Trump's net worth. World Liberty Financial is the Trump
[5:26] family's crypto company. And according to the Wall Street Journal, the UAE owns nearly 50 percent of it.
[5:32] The UAE deposited two billion dollars in the company, potentially netting the Trump and Witkoff
[5:37] families tens of millions of dollars in interest a year, as long as the UAE doesn't withdraw that
[5:42] money. And now Trump is considering giving his foreign benefactor a huge, enormous financial
[5:50] lifeline on the taxpayer's dime. And his Treasury Secretary Scott Bessent, who could actually facilitate
[5:56] that lifeline to the UAE, is pretending, as he does, that Trump has no conflict of interest here.
[6:02] Do you dispute the fact that Sheikh Tanun, through his company, invested $500 million
[6:13] in World Liberty Financial, just before the president was ignored?
[6:20] I'm unaware of that.
[6:21] You're not aware of that?
[6:22] I'm not aware of that.
[6:23] Okay.
[6:25] Okay.
[6:26] Okay.
[6:26] Okay. That was today.
[6:28] Bessent claimed, the Secretary of Treasury, he had no clue about any of this.
[6:33] Now, the Wall Street Journal, kind of the paper of record for financial nerds like Bessent,
[6:38] wrote a piece laying all of this out in January. But Bessent claimed, yeah, he had no idea.
[6:43] Forty members of Congress even wrote Bessent himself a letter demanding answers on this
[6:48] exact issue two months ago. And yet Bessent sat in front of the U.S. Senate today and still
[6:54] played dumb. But as much as Democratic Senator Chris Van Hollen held Bessent's feet to the fire
[7:00] today, and he did, that's all he could do. Because Democrats are not in the majority.
[7:05] But if Democrats can get the majority in the House this November, that changes. Letters
[7:12] like this one demanding answers about the UAE's reported stake in the Trump family's
[7:15] crypto business, those would no longer just be strongly worded letters. Those could become
[7:20] subpoenas. Rather than avoiding questions from Congress, officials from the Trump administration
[7:25] would have to answer Congress's questions, often under oath. And there are a lot of questions
[7:31] that the American public deserves answers to right now. I mean, today, Senator Chris Van Hollen
[7:36] tried to grill Trump's trade secretary about yet another potential corruption scandal.
[7:41] Back in January, the Trump administration bought a stake in a rare-earth mineral company,
[7:45] giving the company $277 million in direct funding and another $1.3 billion in loans.
[7:52] Commerce Secretary Howard Lutnick was reportedly central to putting together the deal.
[7:56] And wouldn't you know it, so was Lutnick's old Wall Street firm, Cantor Fitzgerald.
[8:01] It was the lead placement agent for the private investor portion of the deal.
[8:05] Now, Lutnick himself is divested from the firm, which is currently run by his
[8:09] two adult sons. And the firm, Cantor Fitzgerald, has not commented on the deal.
[8:13] An official from the Commerce Department said that the deal was negotiated directly between
[8:17] the rare-earth mineral company and the government, with no involvement from Cantor Fitzgerald.
[8:21] But again, this is one of the issues where Democrats in Congress have demanded answers,
[8:26] and there are still a lot of questions. Democrats wrote a letter to Lutnick about all of this
[8:30] two full months ago, along with a detailed list of questions.
[8:34] But today in the Senate, Lutnick still didn't have any answers ready for them.
[8:41] Can you respond to the letter? Would you respond to the letter by the end of this month
[8:45] that we sent that lays out some of these questions?
[8:50] I will take another look at the letter and see if we can work together to resolve your issues.
[8:54] I would appreciate that, Mr. Secretary.
[8:58] Okay, we'll see. Not holding my breath on that one.
[9:01] Right now, Democrats in Congress are fighting with their hands tied behind their backs.
[9:06] And they are doing a heck of a job trying.
[9:08] But without a majority in either House of Congress, all they can really do is ask the
[9:11] Trump administration to answer their questions.
[9:13] And just asking, clearly, that isn't working.
[9:17] I mean, for months now, Democrats have been demanding answers from the Treasury and the
[9:20] Justice Department about Trump's $10 billion lawsuit against the IRS.
[9:24] Late last week, Reuters reported that the Justice Department and the IRS are actually in talks
[9:29] to settle that lawsuit. So the Justice Department, run by Trump's former personal lawyer, Todd
[9:34] Blanche, is negotiating with Trump's IRS, which ultimately answers to Scott Bessent,
[9:39] yeah, we already talked about that guy and his evasiveness, and Trump himself, negotiating
[9:44] over how many of your tax dollars they should give Trump. Democrats have been demanding answers
[9:49] as to what exactly is going on there for months. But today, Todd Blanche was asked about,
[9:55] actually yesterday was asked about, and here's what he said.
[9:57] You have the president in the White House pressing, obviously, for some personal money,
[10:03] and then you have him being your boss. How do you sort of, just broadly speaking,
[10:08] how do you sort of handle that sort of issue?
[10:10] We handle, the Department of Justice handles complicated decisions involving those type of
[10:14] issues every day, all day, and not just this Department of Justice. Every Department of
[10:18] Justice handles issues like that.
[10:20] Do they now? I worked in two White Houses with many attorney generals, I mean, who were in office,
[10:27] who, there you go, no Justice Department has never had to handle something like that. No, never.
[10:32] That is not an everyday issue. That is a historic, unprecedented act of corruption.
[10:37] And it would be great to be able to show the American people how the sausage is being made
[10:40] there, so they can see for themselves just how gross it is. I mean, yesterday,
[10:44] the Washington Post published details from the Trump administration's contract governing the
[10:48] fundraising they have done to make Trump's new multi-hundred-million-dollar White House ballroom.
[10:54] You know the one. Not only has the White House declined to disclose the total amount raised and
[10:58] the identities of all the donors, but it has conveniently excluded itself from conflict of
[11:03] interest protections. The White House says that this is all just, it's all just standard procedure
[11:09] and framed the use of private donations as a, quote, boon for taxpayers. But with no transparency here,
[11:16] we have no idea if those private donors are expecting something in return. And judging from the
[11:22] record here, I suspect many of them might be. Again, Democrats have been demanding answers
[11:27] on this front for months. But a subpoena sure would be handy. What voters did last night in
[11:33] Virginia leveling the playing field for the midterms, that gets Democrats closer to that goal.
[11:39] But given the sheer volume of scandals here, given the unbelievable amount of potentially corrupt
[11:43] actions happening all over the Trump administration right now, and how much work it will take to get
[11:48] to the bottom of all of it, I think that Democrats can and should shoot for more than just the House.
[11:54] Earlier this month, the Cook Political Report shifted four Senate races toward Democrats,
[11:58] the exact amounts of seats Democrats need to gain for a majority. As the New York Times
[12:03] Chief Political Analyst Nate Cohn put it earlier this week, a Democratic Senate is now a real possibility.
[12:08] It's felt that way more and more over the last couple of weeks. And one of the seats that will be
[12:13] pivotal for Democrats to hold on to, to have a shot at that majority, is Georgia Senator John Ossoff's.
[12:19] And Senator Ossoff is betting that Georgia's voters care about all of this potential corruption, too.
[12:26] Never before have we seen so little effort to hide so much corruption.
[12:33] The Mar-a-Lago Mafia has taken American corruption to spectacular new heights.
[12:45] But corruption in America runs a lot deeper than Donald Trump. Because how does American politics
[13:00] really work? It's coin operated. Money goes in, favors come out.
[13:10] Joining me now is Democratic Senator John Ossoff of Georgia. There's always so much to ask you
[13:18] about, and especially given the state of corruption in this administration, in this country, I want to
[13:23] get to most of that. But first, I have to ask you about some news that just broke today, which is
[13:28] that the Secretary of the Navy, John Phelan, was ousted, it seems, by Pete Hegseth. And this, of course,
[13:35] is coming at a time when the U.S. is right in the middle of a war with Iran, when we're learning
[13:40] about how long it's going to take to reopen the state of Hormuz, even if that's resolved. And this
[13:45] is a long list of firings. What's your reaction to that ouster? Yeah, thank you again for having me,
[13:51] Jen. And I met with Mr. Phelan when he was trying to get confirmed by the Senate. He was
[13:56] not an impressive man or an impressive nominee for that role. And it appears he's not done a good
[14:02] job in that role. In addition to what's happening overseas, they were trying to resuscitate ship
[14:08] building in the United States with very limited success. But what's happening right now in the
[14:13] Strait of Hormuz is a geostrategic and economic calamity and a huge self-inflicted wound. It appears
[14:21] that the president has gotten himself stuck and is desperately trying to extricate himself from his
[14:27] own mistake. It is worth remembering that now 13 Americans have been killed in action,
[14:34] hundreds wounded, thousands of civilians killed, munitions, it will take years to replace,
[14:42] grave damage to our standing and position in the world. And yet, the regime in Tehran is still
[14:50] intact, as are their ballistic missile and drone forces, as is their ability to choke off global
[14:56] energy supplies, as is their stockpile of highly enriched uranium, which they only built
[15:01] after President Trump shredded President Obama's Iran deal.
[15:05] So you are on the long list of things that Secretary Hegseth has done and the people he's ousted. It
[15:11] doesn't sound like this is the top of your list of concerns.
[15:13] Look, he has been lying to the American public about this war from day one, as has the president.
[15:24] And they have misled the public about why we're at war. They've misled the public about the progress of
[15:30] the war. And they've executed this operation with astonishing incompetence, doing immense economic
[15:38] damage and undermining our national security. No question about everything you just said.
[15:43] And it is all tied, especially given who their negotiators are, to, as I referenced, this
[15:48] unbelievable level of corruption. You gave a banger of a speech this weekend where you talked about a
[15:54] lot of this. We just played a clip of that. But I want to ask you about a piece of news that
[15:57] really just broke yesterday, which is that the Trump administration seems to be considering
[16:03] a form of a financial lifeline, I guess you could call it, to the UAE, especially, I mean,
[16:10] there's questions about that alone, but especially given the massive financial entanglements of the
[16:15] Trump administration, the Trump family. What do you make of that? Well, let's call it what it would
[16:19] be, which is a bailout for the United Arab Emirates. The financial entanglement, the way that UAE
[16:28] money, Emirati money from Emirati royals has compromised this White House is astonishing.
[16:34] It may be one of the most significant scandals in American history. Who are the president's
[16:40] two chief negotiators in the Middle East? Jared Kushner and Steve Whitcoff. Whitcoff and his family
[16:49] are partners. His son, Zach Whitcoff, is the key partner in the Trump family crypto business,
[16:55] which has received vast sums of money from Emirati royalty. The spy chief, the national security
[17:04] advisor in the United Arab Emirates acquired a 49% stake in that business before the United States
[17:14] agreed to grant the UAE access to our most sensitive AI chips. Then you have Jared Kushner,
[17:19] his private equity firm, Affinity Partners, which in addition to receiving billions of dollars
[17:23] from Saudi Arabia, has received a lot of Emirati money. The people doing our diplomacy are at the
[17:31] same time doing personal business across the region that's enriching the first family. And meanwhile,
[17:37] my constituents in Georgia are paying $4 for gas, paying more for groceries, rent, power, and a meal
[17:45] out at a restaurant than ever before in American history. At the same time, the first family is
[17:50] breaking in billions of dollars. And my message for everybody out there watching at home is that if
[17:54] you are fed up with the brazen, disgraceful level of corruption and the abuse of power happening in
[18:01] this administration, I need your help in this U.S. Senate race, the most competitive Senate race in
[18:06] the country, where I'm the only Democrat running for re-election in a state that Donald Trump won.
[18:10] Please contribute what you can at electjohn.com, electjohn.com.
[18:16] One of the messages, as you've been out there speaking publicly, you know, to constituents and
[18:21] giving speeches, it is about the impact of the Trump administration's corruption on people like
[18:27] the ones that you represent in Georgia right now and the impact of that on their everyday lives.
[18:31] It's not just international. That is eye-popping, disgusting, insane, what you just outlined.
[18:37] It's also domestic. I mean, the corruption, I mean, Trump is currently in talks to settle a $10
[18:42] billion lawsuit against the IRS regarding the leak of his tax returns. And today,
[18:47] the attorney general was asked about it. And he basically said, we do all sorts of deals like
[18:52] this all the time. This is normal course of business. And I bring that up because as you
[18:58] talk about quite frequently, it's not a one-off. It's not just the UAE bailout. It's across the board.
[19:03] What do you make of all of the minions in the administration also and the impact of that?
[19:08] The president shaking down the U.S. government, suing the United States and having people that
[19:17] he put in power decide what to do about that. But here's the thing. When you throw people off
[19:24] their health insurance and drive up their insurance premiums and gut the Medicaid program
[19:31] in order to cut taxes for the wealthiest people in the country, that's also corruption. That's the
[19:38] corruption that's endemic in our political system. That's the corruption beneath all of this that
[19:44] predates Donald Trump. And indeed, in my view, gave rise to Donald Trump. I just learned today
[19:51] that more of an half a million of my constituents have lost their health insurance this year alone
[19:58] because the administration, instead of wanting to help people afford insurance,
[20:03] wanted to give yet another tax break to the wealthiest people in the country and corporate
[20:09] America. We have a hospital in Georgia that's closing its labor and delivery unit because of
[20:13] the Medicaid cuts. Instead, those funds are going to a tax cut overwhelmingly for the rich.
[20:19] That's corruption. And that corruption is so corrosive to people's quality of life,
[20:24] their standard of living, and also to their confidence in the political system.
[20:27] One of the reasons, and I just talked about this, why elections like your race in Georgia and
[20:33] others are so important is because right now there's no accountability for what we're seeing
[20:38] out of this administration because Congress and senators like yourself can speak out. You can send
[20:44] strongly worded letters. You can cry to band together with Republicans, but you don't have subpoena
[20:49] power right now. Senate Democrats don't. Neither does the House. When you think about what can be done
[20:56] if you're in a Senate majority, you win your seat, other senators, other challengers win their seats.
[21:02] What does that look like in terms of cracking down on this corruption that we're seeing that's
[21:07] rampant, as you talked about, and holding people to account? Who comes first that you want to
[21:11] question? And what would you want to do first to really change the course of this? Look, first of all,
[21:17] just checking the unconstrained abuse of executive power is essential and only possible with a
[21:24] decisive victory in these midterm elections. And then, yes, there's the necessary accountability.
[21:31] The level of misconduct, the scope of misconduct is literally unprecedented in American history,
[21:38] and not out of any sense of vengeance, not for punitive partisan reasons, but for the sake of governing
[21:47] the United States, well, it has to be investigated, and there has to be accountability. I spent much of
[21:53] the first four years of my term in the Senate investigating wrongdoing in the federal government.
[21:59] I issued a subpoena to compel the testimony of the head of the Bureau of Prisons to look into
[22:03] corruption and civil rights abuses in America's prisons. I had executives at a contractor that ran
[22:10] housing on American military bases, testify under oath about how they were mistreating American
[22:15] military families. And it is going to be necessary for the folks who are doing wrong right now and
[22:21] lining their own pockets while they do it to come and testify under oath and to be held accountable.
[22:27] Is there one person at the top of your list?
[22:29] I think there are so many priorities for investigation and oversight. But as I mentioned in my speech on
[22:37] Saturday, the incredible conflicts of interest in the midst of this diplomacy, like imagine if a sitting
[22:45] ambassador conducting diplomacy for the United States was at the same time asking the Saudi crown
[22:51] prince for hundreds of millions of dollars. It is obscene, and there has to be transparency,
[22:58] there has to be investigation, there has to be accountability.
[23:01] We have to take a very quick break. But first, I wanted to show you something unhinged, I guess,
[23:06] but predictable that the president posted online today. Because one of the things I think everybody
[23:11] needs to be clear-eyed about, and we've seen this over and over again, is the more he loses,
[23:16] the more he grows unhinged and thinks about what he wants to do leading up to the election.
[23:20] And he wrote, quote, a rigged election took place last night in the great commonwealth of Virginia.
[23:27] It's pathetic and desperate, a sign of things to come, but I'll ask you about that next.
[23:30] We are back with Democratic Senator John Ossoff of Georgia. Before the break, I read you this post
[23:48] from Trump, not surprising. He obviously lost in the vote. Virginia voters went to the polls and
[23:54] made clear that they want to hold him to account and level the playing fields. But when you think
[23:59] about, and you must think about this, especially given what's happening in Georgia and you're on the
[24:02] ballot, what he could get up to leading up to November and what people need to be clear-eyed about,
[24:08] where does your mind go in terms of what we should be prepared for? Well, of course, Georgia and Fulton
[24:14] County, Georgia, have been at the heart of the president's conspiracy theories and his efforts to
[24:20] overturn the 2020 election from the very beginning. And we saw him send Tulsi Gabbard, the nation's
[24:25] senior most intelligence officer, to oversee that ballot rate in Fulton County. But they made such a
[24:32] mistake launching that attack on voting rights. In the state of Georgia, the cradle of the civil
[24:39] rights movement, where so much was given, so much was sacrificed to secure the right to vote.
[24:48] And the people's answer will be overwhelming. The defiant determination to exercise voting rights
[24:58] in Georgia that's being awakened by their attacks on the franchise. But I say again, folks need to be
[25:06] paying attention to this Senate race in Georgia. You know, a year ago, maybe I was worried folks were
[25:10] despairing a little too much. Right now, to be honest with you, I worry about complacency. I worry
[25:16] that folks don't know that the national Republican Party has vastly more resources right now than the
[25:22] national Democratic Party. And yes, we have momentum and yes, we have the wind in our sails.
[25:27] But my campaign has to put resources aside to prepare to fight off all these attacks on voting
[25:33] rights. And so I will mention again and forgive the repetition, but if you've not yet supported me in the
[25:39] Senate race out there across the country, it's electjohn.com. Help us defend voting rights in
[25:44] Georgia. Politics 101 has always run scary, even as voters and activists. Before I let you go,
[25:50] I mean, when you give speeches like the one you gave this weekend, there is a lot of chatter out there
[25:55] about you putting your hat in the ring for president, you running for president. Has that chatter reached
[26:01] your inbox yet? I've heard some of that. I have zero interest in running for president in
[26:07] 2028. I love serving the state of Georgia. I've got two young daughters. And to be honest with you,
[26:13] I think that the 2028 fantasy football risks distracting us from the urgent task at hand.
[26:21] If we do not restore checks and balances in these midterm elections, I don't know that we have a free
[26:28] and fair presidential election in 2028. So let's keep our eyes on the ball, folks. We need to win
[26:35] decisively in Georgia, in every battleground state, and in every competitive U.S. House
[26:40] district this fall. And folks out there, ask yourselves whether you are doing what you need
[26:45] to be doing right now. It's a collective effort. All of us need to be taking action in defense of
[26:49] our republic. Senator John Ossoff, up for re-election. One of the most targeted, if not
[26:55] the most targeted, Democratic senator in the country right now. Did I mention it's electjohn.com?
[27:00] You mentioned it a few times, but there you go. Three times a charm. Thank you for being here.
[27:05] Thank you.
[27:05] It has been quite a night for the crack team in Donald Trump's cabinet. The New York Times is
[27:12] reporting that Kash Patel's FBI began investigating a Times reporter after she wrote about Patel's
[27:18] girlfriend. Not normal at all. And Pete Hegseth just ousted the Navy secretary during a naval blockade
[27:24] in the Middle East. Not normal at all either. Senator Cory Booker is standing by with his reaction
[27:29] to all of this insanity. And he joins me next.