Trump Reacts to Pardon & Cyber Monday Sales | Afternoon Update | 12.2.24

Summary

Morning Wire Afternoon Update | December 2, 2024

Hosts: John Bickley (Editor-in-Chief, The Daily Wire) and Georgia Howe
Co-Hosts: Cabot Phillips, Tim Rice, Amanda Presto, David Cohn

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1. Trump Reacts to Biden’s Pardon of Hunter Biden

Timestamp: [00:23 - 01:10]

Overview:
President Donald Trump has publicly criticized President Joe Biden's recent pardon of Hunter Biden, labeling it a "miscarriage of justice." This move comes just one day after Biden issued the pardon, effectively nullifying Hunter Biden's convictions related to gun and tax evasion, among other potential charges from the past decade.

Key Points:

• Trump’s Critique:
  In a post on Truth Social, Trump denounced Biden’s pardon, stating it was a "miscarriage of justice" and accused the Justice Department of being "Democrat controlled."
  Quote: "This is a miscarriage of justice," – Donald Trump ([00:35])

• Trump’s Team Response:
  A statement from Trump’s team vowed to reform the Justice Department, claiming it had been weaponized against political opponents.

• Biden’s Defense:
  President Biden defended his decision by claiming the pardon was necessary to protect against "selective prosecution."

• Republican Backlash:
  Congressional Republicans swiftly condemned the pardon, alleging corruption and broken promises by Biden.

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2. Cyber Monday Sales Surge

Timestamp: [01:10 - 01:51]

Overview:
Cyber Monday is set to break records this year, with online spending projected to reach $13.2 billion. Major retailers have extended their sales events into multiple days to capitalize on consumer demand.

Key Points:

• Spending Projections:
  According to Adobe Analytics, shoppers are expected to spend a record-breaking $13.2 billion online, with spending peaking at approximately $16 million per minute during the busiest hours.
  Quote: "Cyber Monday is the biggest online sales day of the year," – Jeremy ([01:18])

• Retail Strategies:
  Giants like Amazon, Walmart, and Target have stretched their Cyber Monday deals into a multi-day event, initiating sales as early as the preceding weekend.

• Consumer Behavior:
  Early data indicates robust holiday spending despite rising prices, with many consumers utilizing "Buy Now, Pay Later" plans to finance their purchases.

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3. Strengthening US Dollar Amid Economic Policies

Timestamp: [01:51 - 02:24]

Overview:
The US Dollar is experiencing a strengthening trend, influenced by President Trump’s proposed economic policies and tariff plans. Additionally, efforts by BRICS countries to challenge the dollar's dominance as the global reserve currency may have inadvertently bolstered its value.

Key Points:

• Trump’s Economic Influence:
  Trump's proposed tariffs on imports and his broader economic policies are contributing to the dollar’s appreciation against other currencies.
  Quote: "Many economists believe Trump's policies would raise the value of the US Dollar over other currencies," – Cabot Phillips ([01:51])

• Global Currency Dynamics:
  Attempts by BRICS nations to dethrone the dollar as the global reserve currency are not undermining its current strength, partly due to bullish forecasts on upcoming November jobs data and anticipated slowdown in Federal Reserve interest rate cuts.

• Investor Confidence:
  Positive economic indicators and policy forecasts are enhancing investor confidence, further supporting the dollar's rise.

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4. Medical Breakthrough in Asthma Treatment

Timestamp: [02:24 - 03:03]

Overview:
A significant advancement in asthma treatment has been announced by doctors at King’s College London. Published in Lancet Respiratory Medicine, the study highlights an injectable treatment that outperforms current standard therapies.

Key Points:

• New Treatment Efficacy:
  The injection has demonstrated superior efficacy compared to steroid tablets, potentially reducing the need for further treatment by 30%. It specifically targets eosinophilic flare-ups, responsible for nearly 50% of asthma attacks and 30% of COPD exacerbations.

• Impact on Health:
  This breakthrough could significantly decrease daily asthma-related deaths in the United States, where approximately 10 individuals succumb to the condition each day.

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5. California Governor Proposes $25 Million to "Trump-Proof" the State

Timestamp: [03:03 - 03:55]

Overview:
Governor Gavin Newsom of California has called for a special emergency session of the state legislature to allocate $25 million for a legal defense fund aimed at countering actions by former President Trump.

Key Points:

• Governor’s Statement:
  Newsom declared that California would take action if "rights and freedoms are targeted," emphasizing the need to protect the state from political attacks.
  Quote: "California will take action if rights and freedoms are targeted," – Gavin Newsom ([03:13])

• Republican Opposition:
  GOP State Senator Brian Jones criticized the proposal as a political stunt intended to divert attention from the Democrats' significant losses in the 2024 elections.

• Demographic Shifts:
  The context for this proposal includes California's population decline, losing over 700,000 residents since 2020, contrasted with population growth in states like Texas and Florida.

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6. NFL Update: Houston Texans Linebacker Suspended for Late Hit

Timestamp: [03:55 - 04:49]

Overview:
Houston Texans linebacker Aziz Al Shair will face suspension following a late hit on Jacksonville Jaguars quarterback Trevor Lawrence during Sunday's game, which led to a brawl between the teams.

Key Points:

• Incident Details:
  Trevor Lawrence left the game after Al Shair made a late hit to his head while Lawrence was already sliding to exit the play. This action triggered multiple ejections and penalties during the match.
  Quote: "I didn't realize Lawrence was already sliding," – Aziz Al Shair ([04:04])

• Consequences and Reactions:
  Al Shair has apologized for the hit, acknowledging the mistake. The NFL is expected to announce the suspension length shortly.

• Jaguars’ Perspective:
  There is speculation about whether Jacksonville will bench Lawrence for the remainder of the season, especially since the team holds a 2-10 record and has been eliminated from playoff contention.

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Conclusion

This episode of Morning Wire delivered comprehensive updates on the latest political tensions surrounding presidential pardons, substantial economic indicators reflecting a strengthening US Dollar, groundbreaking medical advancements, state-level political maneuvers in California, and notable developments in the NFL. For more in-depth coverage of these stories and other significant news, visit dailywire.com and tune into the full episode of Morning Wire each morning.

Transcript

[Jeremy]

This episode is brought to you by Jeremy's Razors. Stop giving your money to woke corporations that hate you. Get Jeremy's Razors Precision 5 instead. Available now at jeremysrazors.com, walmart.com and Amazon Prime.

[Georgia Howe]

I'm Georgia Howe with Daily Wire Editor in Chief John Bickley. It's Monday, December 2nd, and this is your Morning Wire afternoon update.

[Cabot Phillips]

One day after President Biden signed a wide ranging pardon for his son Hunter, Donald Trump is hinting at mass pardons for January 6th. Defender Daily Wire's senior editor Cabot Phillips has the story.

[John Bickley]

In a post on Truth social, Trump called Biden's 10 year pardon a miscarriage of justice and criticized the Justice Department for being, quote, Democrat controlled. Trump's team issued a separate statement vowing to reform the Justice Department, calling it weaponized against political opponents. Meanwhile, Hunter Biden's pardon wipes out his convictions on gun and tax evasion charges, as well as any other crimes he may have committed over the last decade. President Biden defended the move as protection against what he called selective prosecution. Congressional Republicans quickly condemned the pardon, accusing Biden of corruption and broken promises.

[Georgia Howe]

Millions of Americans are looking for digital deals today. Deputy Managing Editor Tim Rice has more on the Cyber Monday mayhem.

[Jeremy]

Shoppers are expected to spend a record $13.2 billion online today, according to Adobe Analytics. Cyber Monday is the biggest online sales day of the year. Spending is expected to peak Monday night, with consumer spending near $16 million per minute during the busiest hours. Major retailers like Amazon, Walmart and Target have stretched Cyber Monday into a multi day event, kicking off sales as early as the weekend. Early data show strong holiday spending even amid higher prices. More shoppers are using Buy Now Pay later plans to fund their purchases.

[Cabot Phillips]

The US Dollar is strengthening as investors appear to be responding to President Trump's proposed economic policies along with his plan to impose tariffs on imports. He's also rebuked eff dethrone the dollar as the global reserve currency by BRICS countries. Many economists believe Trump's policies would raise the value of the US Dollar over other currencies. Bullish forecasts about upcoming November jobs data and an expected slowing of interest rate cuts by the Federal Reserve also appear to have boosted the relative value of the dollar.

[Georgia Howe]

Doctors in the UK Announced last week the first significant medical breakthrough in the treatment of asthma in 50 years. Doctors at King's College London published a study in Lancet Respiratory Medicine showing promising results for an injection given during some asthma attacks as well as some COPD exacerbations The new treatment showed better efficacy than the current standard treatment of steroid tablets and may reduce the need for further treatment by 30%. The injection targets eosinophilic flare ups, which account for almost 50% of asthma attacks and 30% of COPD exacerbations. About 10 people currently die each day from asthma in the United States.

[Cabot Phillips]

California Governor Gavin Newsom has proposed spending $25 million to quote Trump proof his state. Here with more is Daily Wire reporter Amanda Presto.

[Amanda Presto]

Giacomo Newsom has called a special emergency session for the California state legislature, proposing a $25 million legal defense fund for the state's Justice Department to fight Trump. Newsom said in a statement that California will take action if rights and freedoms are targeted. GOP State Senator Brian Jones has called the move a political stunt intended to distract from Democrats significant losses across the state during the 2024 election. Notably, California has been hemorrhaging residents since 2020, losing more than 700,000 people. Meanwhile, states like Texas and Florida have seen significant growth in their populations and.

[Georgia Howe]

A Houston Texans linebacker will be suspended after a late hit in Sunday's game against the Jaguars. Crane and company host David Cohn has the details.

[David Cohn]

Jacksonville Jaguars quarterback Trevor Lawrence left Sunday's game after a late hit by Texans linebacker Aziz Al Shair. Lawrence had already begun sliding to take himself out of a play when Alshair made late contact to the quarterback's head. This sparked a brawl between both teams and led to multiple ejections and penalties. Al Shair has since apologized for the hit, claiming he didn't realize Lawrence was already sliding. But the NFL is expected to hand down a suspension, although the length of that suspension has yet to be determined. Trevor Lawrence reassured fans that he is recovering at home and feeling better. The question now for the franchise quarterback is will Jacksonville shut him down for the remainder of the season now that the team is 2 and 10 and eliminated from the playoffs?

[Cabot Phillips]

All right, those are your Drive Home updates this afternoon. To learn more about these stories, go to dailywire.com and for more in depth reporting on the biggest stories of the day, tune into our full episode of Morning Wire Every morning.