Evening Wire: Trump’s Fed Board Demand & Darien Gap Crossings Drop | 8.1.25
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President Trump calls on the Fed board to assume control if Powell won't slash rates, police nab a double murder suspect in Arkansas, and Australia's first attempt at orbit goes up in flames.
I'm Georgia Howe with Daily Wire executive editor John Bickley.
It's Friday, August 1st, and this is Evening Wire.
President Donald Trump is upping his slams against Federal Reserve Chair Jerome Powell.
In a Fiery Truth social post, Trump called the Fed chair a stubborn moron and urges the Fed board to take control if Powell refuses to cut interest rates.
Trump's post follows the Fed's decision to hold rates steady at 4.25 to 4.5 percent, despite significant signs of economic growth.
Fed governors Christopher Waller and Michelle Bowman dissented, pushing for immediate rate cuts, citing Trump's tariffs and a weak July jobs report.
It's the sharpest internal Fed division in decades.
The U.S.
Treasury is sanctioning several entities tied to Iran's military drone programs.
Daily Wire White House correspondent Mary Margaret Ollihan has the exclusive.
The sanctions zero in on one individual and five companies across Iran, Hong Kong, Taiwan, and China.
The action blocks those linked to Iran's state-owned aircraft manufacturing industrial company, which is the main supplier of drones to the Islamic Revolutionary Guard Corps.
Treasury Under Secretary John Hurley warned the Iranian regime that the U.S.
will act to disrupt Iran's destabilizing agenda as they continue to develop drone capabilities against U.S.
troops and allies.
The sanctions block any U.S.-based assets tied to the listed individuals and companies and bar Americans from doing business with them without special authorization.
Pressure is mounting for the Trump administration to stop its support for the Gaza Humanitarian Foundation.
Daily Wire reporter Cassia Kiva has the latest.
Earlier this week, a group of 21 Democrat senators sent a letter to Secretary Marco Rubio urging him to halt the U.S.
support for the Gaza Humanitarian Foundation.
The senators, led by Senator Chris Van Holland, accused the foundation of being a, quote, scheme that endangers the life of civilians and instead asked for more support to be given to the United Nations.
In response, a senior State Department official told the Daily Wire that the senators are failing to look at the successful track record of the GHF, which includes distributing its 100 millionth meal today.
The official added that the senators are, quote, wasting time complaining in a letter offering nothing of value, as President Trump and Secretary Rubio are actually putting in the work to find innovative solutions in Gaza.
Estonia says it will not support recognizing a Palestinian state at the UN General Assembly this September.
Prime Minister Kristen Michal emphasized humanitarian aid efforts but stood firm on Estonia's diplomatic position.
The announcement comes as 15 nations are now pushing for recognition.
Estonia has long maintained strong ties with Israel and recently condemned efforts to sever academic cooperation with Israeli institutions.
President Trump is putting big pharma on notice.
The president sent letters to 17 major drug makers demanding they slash prices within 60 days or face consequences.
In identical letters posted on social media, Trump directed companies to adopt most favored nation pricing, requiring U.S.
drug costs to match those abroad, saying Americans are paying up to three times more for the same drugs.
Firms like Pfizer and Johnson Johnson were told to provide full drug portfolios at reduced prices for Medicaid and to stop subsidizing foreign markets at Americans' expense.
Trump warned failure to comply will trigger aggressive government action.
The Trump administration is launching a program to let Medicare and Medicaid cover popular weight loss drugs like Ozempic for obesity treatment.
Starting in 2026, states and insurers can opt in if they also provide diet and exercise coaching.
The move marks a major policy shift amid concerns over long-term costs.
CMS Chief Mehmet Oz supports the plan, while HHS Secretary Robert F.
Kennedy has consistently warned that the drugs shouldn't replace healthy habits.
That's going to be $3 trillion
a year.
And for a tiny fraction of that,
you could give every American three meals a day of organic food, and diabetes would disappear overnight.
Your diabetes is treatable with food, with exercise, and obesity
Authorities have now identified and arrested the suspect in a double murder that took place last weekend on a western Arkansas hiking trail.
The suspect was apprehended at a local barbershop.
Daily Wire senior editor Joel Niedler has more.
Authorities in Arkansas held a press conference on Thursday announcing the arrest of a 28-year-old school teacher who has now been charged with two counts of capital murder.
The suspect is being held without bond in a Washington County jail cell.
He is believed to be the killer of Clinton David Brink and Kristen Amanda Brink, a married couple who were hiking with their two young daughters in Devil's Den State Park last Saturday afternoon.
The couple has been described as heroes for the way they protected their children during the altercation.
Police investigators were quickly able to trace the suspect to Springdale, Arkansas, where they apprehended him in a barbershop.
According to Arkansas state law, the suspect could face the death penalty.
Tennessee authorities are hunting for a suspect in a quadruple murder linked to an abandoned baby.
Police allege that Austin Drummond killed four people.
He's at large and considered armed and dangerous.
The four victims were the family of a baby found abandoned in a random yard.
Thankfully, the baby is alive and being cared for.
When officials looked for the baby's family to question them about the abandonment, they found the bodies of the mother, father, uncle, and grandmother in the woods one county away.
Officials say the suspect knew the victims, but they have not released a motive.
The district attorney told Fox and friends that Drummond's girlfriend was related to the victims.
The TBI has been actively working this case.
It's a 24-hour round-the-clock operation right now.
They have received several leads, and they are following up with those.
Tensions flared up during a Jake Tapper interview with former White House Speaker Nancy Pelosi about the insider trading allegations raised by President Trump.
Here's the exchange.
That's what I agreed to come to talk to.
I wanted to give you a chance just to respond.
He accused you of insider trading.
What's your response to that?
That's ridiculous.
In fact, I very much support the stop the trading of members of Congress.
Not that I think anybody's doing anything wrong.
If they are, they are prosecuted and they go to jail.
She also distanced herself from her husband's investments and accused Trump of projecting.
Trump, speaking from the White House, called for an investigation, claiming Pelosi became rich by having insider information.
She made a fortune with her husband, and I think that's disgraceful.
So, in that sense, I'd like it, but I'd have to really see the.
I study these things very carefully, and this just happened.
So, I'll take a look at it.
But conceptually, I like it.
And what I do think is Nancy Pelosi should be investigated because she has the highest return of anybody practically in the history of Wall Street, save a few.
Migrant crossings of the infamous Darien Gap have plummeted to near zero.
Daily Wire reporter Spencer Lindquis has the details.
The Darien Gap is a treacherous land bridge that connects South and Central America.
In June of this year, only 10 people crossed the gap.
The gap saw hundreds of thousands of migrants traveling north in 2023 during the Biden administration.
The Colombian government issued a report saying that the drop in crossings was due to the new immigration policies of the United States.
In March, the President of Panama said that he would not assist migrants headed north, and he ordered the closure of sites along the gap meant to aid migrants in their journey.
Australia's first ever homegrown rocket to attempt orbit crashed just 14 seconds after liftoff.
The Aris rocket built by Gilmore Space Technologies launched from Queensland this morning, clearing the tower before falling out of sight.
Despite the failure, the company is calling it a success, noting all engines ignited and no injuries occurred.
CEO Adam Gilmore says he's proud the rocket got off the ground, marking a major step in Australia's space ambitions.
The launch was the first orbital attempt from Australian soil in over 50 years.
Dunkin' Donuts may be winking at Sidney Sweeney with their new ad that dropped this week.
Actor Gavin Casolano from the summer I Turned Pretty sips a fruity beverage while boasting about how his great tan is genetic.
I just got my color analysis back.
Guess what?
Golden summer.
Literally.
I can't help it.
Every time I drink a Dunkin' Golden Hour Refresher, it's like the sun just finds me.
So if sipping these refreshers makes me the king of summer,
guilty is charged.
Social media commenters went berserk with a top comment bemoaning, why are ads everywhere giving eugenics?
Despite or because of the backlash, the ad quickly racked up millions of views and shares online.
And a mysterious new website is spilling the tea on several Trump administration officials by claiming to reveal their favorite tunes.
I want
it that way.
Panama Playlist says Vice President J.D.
Vance is a big fan of the Backstreet Boys and Death Cab for Cutie.
Meanwhile, Press Secretary Caroline Levitt,
she's blasting Beyoncé's Run the World, and even Attorney General Pam Bondi can't resist Nellie's Hot In Here.
The site claims it's scraped public Spotify data, linking playlists to public figures with eyebrow-raising accuracy.
No affiliation with Spotify, just onshore vibes, says the site's anonymous creator.
All right, those are your drive-home updates.
To learn more about these stories, go to dailywire.com.
And in case you missed it this morning, we covered some major stories, including new Russia Gate evidence pointing the spotlight on Hillary Clinton, Trump's trade deal deadline arriving, and parental rights group Moms for Liberty being labeled a hate group in Massachusetts police training.
Thanks for tuning in.
We'll be back tomorrow morning with a weekend edition of Morning Wire.
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