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Rep. Jordan presses Jack Smith to testify before Congress · THE DAILY BRIEF

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  Speaker 1: Welcome back.
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  Speaker 2: Bank of America earnings are out hitting the tape Showcusoni
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  Speaker 2: with the numbers now cherylf.
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  Speaker 3: Maria, is a double beat for Bank of America. That
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  Speaker 3: came in at a buco six on earnings per share.
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  Speaker 3: The estimate was ninety five cents. They came in at
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  Speaker 3: twenty eight point one billion on revenue.
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  Speaker 1: That's again a double beat. Look, they talk.
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  Speaker 3: About deal making mega deals is actually something that is
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  Speaker 3: a quote from the report Banking Street consumer banking jumping
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  Speaker 3: seven percent, the wealth investment management revenue jumping ten percent.
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  Speaker 3: So again the bank saying that they're firing on all cylinders.
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  Speaker 3: And this is the theme that we've seen from Goldman
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  Speaker 3: and from what we got from JP Morgan yesterday, deal making, trading,
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  Speaker 3: corporate lending, you got hedge fund activity. Obviously there's concerns
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  Speaker 3: about the low income consumer and job market, but so
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  Speaker 3: far not hearing that from BAVA. Stock is up a
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  Speaker 3: little more than three and a half percent right now,
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  Speaker 3: BAA crossing the table.
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  Speaker 1: Get Morgan Stanley in the next hour, Maria.
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  Speaker 3: We've also got some other headlines that we're following for
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  Speaker 3: you right now.
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  Speaker 1: This morning.
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  Speaker 3: This was in regards to the presidential Library of Donald J.
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  Speaker 1: Trump.
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  Speaker 3: And this is one of the headlines that we're watching
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  Speaker 3: for you this morning. A Florida judge blocking the transfer
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  Speaker 3: of land for the Trump Library from the city of Miami.
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  Speaker 3: The temporary injunction putting on hold that transfer of land
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  Speaker 3: from Miami College to the Donald J. Trump Presidential Library Foundation.
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  Speaker 3: The judge is the college board did not give reasonable
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  Speaker 3: public notice about the meeting where the vote took place.
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  Speaker 1: The two point sixty three acre parcel right now, it
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  Speaker 1: is a parking lot. To be clear, we'll follow this
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  Speaker 1: for you.
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  Speaker 3: While the Department of Justice seizing fifteen billion dollars in
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  Speaker 3: bitcoin from a global cryptocurrency fraud scheme that was run
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  Speaker 3: out of Cambodia. Prosecutors indicting Prince Holding Group founder chen.
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  Speaker 1: Ji There he is they led to directed.
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  Speaker 3: Phone farms workers scammed online victims with pleas for financial
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  Speaker 3: help and promises of crypto investments.
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  Speaker 1: Official say proceeds then went to.
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  Speaker 3: Luxury items yachts, jets, watches for him.
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  Speaker 1: He's also accused of.
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  Speaker 3: Running force labor scam compounds where he used violence to
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  Speaker 3: discipline the workers there. He remains at large right now,
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  Speaker 3: could face a maximum of forty years in prison if convicted.
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  Speaker 1: Wall Street behame with Goldman. Sachs just mentioned them.
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  Speaker 3: They're warning that the use of AI is reshaping their
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  Speaker 3: operations and that's going to lead to some layoffs. Company
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  Speaker 3: wide memo that was obtained by The New York Post
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  Speaker 3: says that the company plans to quote constrain headcount through
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  Speaker 3: the end of the year and carry out a limited
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  Speaker 3: reduction in roles initiative across the firm. Goldman remember a
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  Speaker 3: double bat at a five percent increase in headcount just yesterday,
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  Speaker 3: But that story changing. Of course, here is Goldman right
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  Speaker 3: now in the pre market.
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  Speaker 1: Up a little more than one percent.
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  Speaker 3: Then there is this Maria House Judiciary Chairman Jim Jordan
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  Speaker 3: is demanding that former Special Counsel Jack Smith testify before
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  Speaker 3: his committee, giving him a deadline of October twenty eighth
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  Speaker 3: to schedule his appearance. Of course, Jordan wants more information
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  Speaker 3: on what he calls the partisan and politically motivated prosecutions
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  Speaker 3: of President Donald Trump, and a letter obtained by Fox
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  Speaker 3: News Digital, Jordan writes, quote, as the committee continues its oversight,
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  Speaker 3: your testimony is necessary to understand the full extent of
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  Speaker 3: which the Biden here is justice Department weaponized federal law enforcement.
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  Speaker 3: The smith who secured two indictments of Trump, speaking out
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  Speaker 3: for the first time since he did resign in January.
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  Speaker 3: So he called the allegations from Jordan quote Ludacris, here's
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  Speaker 3: what he said. These are published from Marks.
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  Speaker 1: He said the idea that politics played a.
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  Speaker 3: Role in he worked on that case or who got
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  Speaker 3: chosen as ludicrous. So he was speaking at University College London.
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  Speaker 3: He also condemned the indictments of James Comy and Lytisa
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  Speaker 3: James and then he goes on to say, this is
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  Speaker 3: interesting like this morning, and nothing like what we see
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  Speaker 3: now has ever gone on.
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  Speaker 1: And my question is I think we have seen this
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  Speaker 1: go on before.
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  Speaker 3: So it's just I get that he's, you know, trying
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  Speaker 3: to defend himself and take a hard line, but Jordan
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  Speaker 3: wants him becoming intest.
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  Speaker 2: But he had surveillance on at least eight sitting senators
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  Speaker 2: and one congressman I believe, or seven senators and one
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  Speaker 2: congressman surveilling them during the January sixth probe. Of course,
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  Speaker 2: the Democrats made up this Russia collusion story and surveilled
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  Speaker 2: whoever they wanted around Russia collusion so I mean, this
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  Speaker 2: is just rich to what you're saying.
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  Speaker 4: Oh rich beyond words. I mean, the whole lawsuit where
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  Speaker 4: he supposedly used unfair valuations on his own properties to
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  Speaker 4: get loans is completely irrelevant because the bank did their
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  Speaker 4: own work and they gave him a loan. Anyway, he
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  Speaker 4: paid back the loan and the bank wanted to loan
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  Speaker 4: him more, and somehow that was a crick. The whole
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  Speaker 4: thing was such a crock. It was just an embarrassing
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  Speaker 4: What was the evaluation on the It was like eighteen
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  Speaker 4: million dollars. Just an embarrassment of the system. And what
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  Speaker 4: goes around comes around.
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  Speaker 1: Yeah.
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  Speaker 2: And also at the time, Letchishi James was boasting that
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  Speaker 2: she was going to take Trump's property from him. She
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  Speaker 2: kept boasting, We're going to take Trump, We're going to
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  Speaker 2: get Trump, We're going to take his property as well.
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  Speaker 3: Yeah, here in New York City we were talking about that, Marie.
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  Speaker 1: But yeah, I.
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  Speaker 3: Remember that specifically, and you know, because I mean, she
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  Speaker 3: campaigned obviously on going after Donald Trump, and then she did.
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  Speaker 1: She made that her mission. She failed in a court
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  Speaker 1: of law here.
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  Speaker 3: In the City of New York, to be clear, But
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  Speaker 3: with regards to the weaponization of government and these investigations,
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  Speaker 3: and to your point about the surveillance of these Republican senators,
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  Speaker 3: I mean Marsha Blackburn, good grief.
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  Speaker 1: You know you're surveilling Marsha Blackburn. Come on, you know.
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  Speaker 3: That is why I thought that final line from Smith
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  Speaker 3: out of these publishing marks.
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  Speaker 1: Out of London was so rich, because it's the.
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  Speaker 3: Pot calling the kettle black. If you will come on, yeah,
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  Speaker 3: for sure,