
Wall Street’s wild ride continues, a Title IX task force zeros in on schools allowing men in women's sports, and the Florida Gators battle the Houston Cougars for the NCAA championship! Developing stories you need to know just in time for your drive home. Get the facts first on Morning Wire. Old Glory Bank: Go to https://oldglorybank.com/wire today to open your account and put your money in the hands of people you can ACTUALLY trust. Vanta: Get $1,000 off Vanta at https://vanta.com/morningwire.
Loading summary
Ad Sponsor
This episode is brought to you by Vonta. Businesses use Vanta to establish trust by automating compliance for in demand frameworks like SoC2, ISO 27001, HIPAA and more. For a limited time, listeners can get $1,000 off vanta@vanta.com MorningWire Again, that's V A N-T A.com MorningWire for $1,000 off.
Georgia Howe
Wall Street's wild ride continues A Title IX task force zeroes in on schools allowing men in Women's Florida Gators battle the Houston Cougars for the NCAA championship. I'm Georgia Howe with Daily Wire Editor in Chief John Bickley. It's Monday, April 7th, and this is your Morning Wire afternoon update.
Cabot Phillips
Stocks took a roller coaster ride today as Wall street reacted to President Trump's latest tariff push. Daily Wire senior editor Cabot Phillips has more.
Market Analyst
The Dow fell another 1300 points when the markets opened today, only to rebound amid rumors of a tariff pause and then fall again once those rumors turned out to be just rumors. Ultimately, by midday, the Dow was down nearly 1,000 points, while the S and P fell near bear market territory amid ongoing threats of retaliatory measures from China and others. The EU did, however, extend an olive branch of sorts, offering a 0 for 0 trade deal with the US after President Trump imposed steep tariffs on European imports. EU Commission President Ursula von der Leyen did, however, caution that they were ready to strike back. Meanwhile, in an effort to bring Beijing to the bargaining table, Trump is threatening additional 50% tariff hikes on China if they do not back down on their 34% rate against US goods.
Georgia Howe
Israeli Prime Minister Benjamin Netanyahu met President Trump at the White House today. Israel faces a 17% levy under Trump's Liberation Day plan, which surprised Israeli officials amid ongoing war and economic strain. The the two leaders will hold joint press conferences this afternoon. Netanyahu hopes to reach an agreement with Trump regarding the duties they're currently forced to pay. Here's Netanyahu.
Benjamin Netanyahu
We will eliminate the trade deficit with the United States. We intend to do it very quickly. We think it's the right thing to do and we're going to also eliminate trade barriers, a variety of trade barriers that have been put up unnecessarily, and I think Israel can serve as a model for many countries who ought to do the same.
Georgia Howe
The two also spoke about regional security, including concerns over Turkey's growing role in Syria and future plans for Gaza.
Cabot Phillips
The visas for at least three dozen international students and alumni from several top California universities have been revoked. The Trump administration cited their involvement in anti Israel protests. Stanford and several University of California campuses confirmed the actions, which follow Secretary of state Marco Rubio's announcement that 300 foreign students will be removed for sparking unrest. Several schools claim the move has left students in limbo, with limited explanation from federal officials.
Georgia Howe
A new Trump administration task force seeks to protect female athletes from what it calls the pernicious effects of gender ideology in school programs. Daily Wire White House correspondent Mary Margaret Olihan has the latest.
Linda McMahon
The Education and Justice Department say the new Title IX Special Investigations team will fast track enforcement against schools that allow men to compete in women's sports. Education Secretary Linda McMahon says that this is the women's rights issue of our time, while Attorney General Pam Bondi calls it a top priority. The move follows Trump's executive orders to keep men out of women's sports and to defend children against what the White House calls gender ideology extremism. Officials say the task force will ensure that women's civil rights are upheld and violators are held accountable using the full force of federal law.
Ad Sponsor
America is back and it's time to stand with a bank that shares your values. That's Old Glory Bank. They support hard working Americans, small businesses and your constitutional rights. No cancel culture, no woke nonsense. Just a bank that believes in faith, freedom and the flag. Join the movement today@oldglorybank.com wire and be part of something bigger. Trust the FDIC insured bank that was created to protect your privacy, security and liberty. That's Old Glory Bank.
Cabot Phillips
In a horrific turn of events Sunday, four kids were attacked with a meat cleaver by a relative. Police say an 11 year old called 911 from a locked room, prompting NYPD officers to kick down the door. The girls, ages 8 to 16, are in serious condition but are expected to survive. Here's NYPD's commissioner explaining what officers saw when they arrived.
NYPD Commissioner
Once they entered, they encountered a man standing near the entrance holding a large meat cleaver covered in blood and they could see blood on the floor and the walls of the hall. The officers ordered the man to drop the weapon several times. He refused and advanced towards them. Two officers discharged their firearms, firing seven total rounds between them and striking the subject, ending the threat.
Georgia Howe
A new bill in New York would prevent police from conducting routine stops and searches for low level violations. Currently, police are able to stop and search vehicles over things like broken taillights, expired tags and registrations, window tints and the smell of marijuana. Such searches are often used to uncover more serious crimes. In fact, one such search nabbed serial killer Joel Rifkin, who had the body of a victim in his car at the time he was stopped for a missing plate. Supporters of the bill say it's necessary to promote racial equity as black and Latino drivers are stopped at higher rates. But opponents, including law enforcement, say it's dangerous and unprecedented.
Cabot Phillips
And Trump hosts the LA Dodgers at the White House and Florida takes on Houston tonight in the College basketball championship. Here are some sports news highlights as Crane and company co host David Cohn.
David Cohn
The Florida Gators will take on the Houston Cougars tonight for the NCAA Men's Basketball national championship. Florida advanced in the final four by defeating 79 73, while Houston came from behind in an upset win over the Duke Blue Devils. The Cougars erased a 14 point deficit in the final eight minutes to win 70:67 to Major League Baseball the Los Angeles Dodgers met with President Trump at the White House today to celebrate their World Series championship over the New York Yankees last October. The President singled out several players, including Shohei Ohtani, for becoming the first major leaguer to hit 50 home runs and steal 50 bases in a single season all year.
President Trump
The Dodgers faced down adversity. You entered the playoffs battered and bruised, but not broken.
Georgia Howe
Those are your Drive Home updates this afternoon. To learn more about these stories, go to dailywire.com and in case you missed it, this morning we covered some major stories including the stock market's nosedive, the short and long term impact of Trump's tariffs and the eruption of anti Trump protests in several cities. Thanks for tuning in. We'll be back tomorrow morning with another full edition of Morning Wire.
Morning Wire Podcast Summary: "Wall Street’s Rollercoaster Ride & Trump’s Title IX Task Force | Afternoon Update | 4.7.25"
Release Date: April 7, 2025
Hosted by Georgia Howe and John Bickley, the Morning Wire afternoon update delivers a comprehensive overview of the latest developments in politics, economics, and sports. This episode delves into the volatility of Wall Street in response to President Trump's tariff policies, international diplomatic engagements, significant policy changes under the Trump administration, and key sports highlights. Below is a detailed breakdown of the episode's key discussions and insights.
The episode opens with an analysis of the turbulent performance of Wall Street, driven by President Trump's aggressive tariff measures.
Georgia Howe introduces the segment:
"Wall Street's wild ride continues A Title IX task force zeroes in on schools allowing men in Women's Florida Gators battle the Houston Cougars for the NCAA championship." [00:24]
Cabot Phillips, Senior Editor at Daily Wire, elaborates on the market fluctuations:
"Stocks took a roller coaster ride today as Wall street reacted to President Trump's latest tariff push." [00:44]
Market Analyst provides detailed insights:
"The Dow fell another 1300 points when the markets opened today, only to rebound amid rumors of a tariff pause and then fall again once those rumors turned out to be just rumors. Ultimately, by midday, the Dow was down nearly 1,000 points, while the S and P fell near bear market territory amid ongoing threats of retaliatory measures from China and others." [00:53]
The analyst further explains the EU's response:
"The EU did, however, extend an olive branch of sorts, offering a 0 for 0 trade deal with the US after President Trump imposed steep tariffs on European imports." [00:53]
Additionally, the potential escalation with China is highlighted:
"Trump is threatening additional 50% tariff hikes on China if they do not back down on their 34% rate against US goods." [00:53]
Israeli Prime Minister Benjamin Netanyahu engaged in discussions with President Trump focusing on trade deficits and regional security.
Georgia Howe introduces Netanyahu's meeting:
"Israeli Prime Minister Benjamin Netanyahu met President Trump at the White House today. Israel faces a 17% levy under Trump's Liberation Day plan, which surprised Israeli officials amid ongoing war and economic strain." [01:39]
Netanyahu asserts Israel's trade intentions:
"We will eliminate the trade deficit with the United States. We intend to do it very quickly. We think it's the right thing to do and we're going to also eliminate trade barriers, a variety of trade barriers that have been put up unnecessarily, and I think Israel can serve as a model for many countries who ought to do the same." [02:03]
Georgia Howe adds context on security discussions:
"The two also spoke about regional security, including concerns over Turkey's growing role in Syria and future plans for Gaza." [02:23]
The Trump administration has taken stringent actions against international students involved in anti-Israel protests.
Cabot Phillips reports:
"The visas for at least three dozen international students and alumni from several top California universities have been revoked. The Trump administration cited their involvement in anti Israel protests." [02:31]
This follows Secretary of State Marco Rubio's statement:
"300 foreign students will be removed for sparking unrest." [02:31]
Impact on Universities:
"Stanford and several University of California campuses confirmed the actions, which follow Secretary of State Marco Rubio's announcement that 300 foreign students will be removed for sparking unrest. Several schools claim the move has left students in limbo, with limited explanation from federal officials." [02:31]
A significant policy initiative addressing gender ideology in school sports programs.
Georgia Howe introduces the task force:
"A new Trump administration task force seeks to protect female athletes from what it calls the pernicious effects of gender ideology in school programs." [03:01]
White House Correspondent Mary Margaret Olihan reports:
"The Education and Justice Department say the new Title IX Special Investigations team will fast track enforcement against schools that allow men to compete in women's sports." [03:13]
Education Secretary Linda McMahon emphasizes the mission:
"This is the women's rights issue of our time." [03:13]
Attorney General Pam Bondi underscores the priority:
"It's a top priority." [03:13]
The task force aims to uphold women's civil rights by enforcing federal laws against violations related to gender ideology extremism in educational institutions.
A harrowing incident involving an attack on minors and the subsequent police intervention.
Cabot Phillips covers the incident:
"In a horrific turn of events Sunday, four kids were attacked with a meat cleaver by a relative. Police say an 11-year-old called 911 from a locked room, prompting NYPD officers to kick down the door. The girls, ages 8 to 16, are in serious condition but are expected to survive." [04:20]
NYPD Commissioner describes the officers' experience:
"Once they entered, they encountered a man standing near the entrance holding a large meat cleaver covered in blood and they could see blood on the floor and the walls of the hall. The officers ordered the man to drop the weapon several times. He refused and advanced towards them. Two officers discharged their firearms, firing seven total rounds between them and striking the subject, ending the threat." [04:44]
A legislative effort aimed at reducing routine vehicle stops and searches for minor infractions.
Georgia Howe outlines the bill:
"A new bill in New York would prevent police from conducting routine stops and searches for low level violations. Currently, police are able to stop and search vehicles over things like broken taillights, expired tags and registrations, window tints and the smell of marijuana." [05:11]
Background and Implications:
Such stops often lead to uncovering more serious crimes, as exemplified by the arrest of serial killer Joel Rifkin, who was caught during a vehicle stop for a missing plate.
Debate Over the Bill:
Highlights from the world of sports, including the NCAA Men's Basketball Championship and the Dodgers' interaction with President Trump.
Cabot Phillips introduces the sports segment:
"And Trump hosts the LA Dodgers at the White House and Florida takes on Houston tonight in the College basketball championship." [05:49]
David Cohn provides detailed coverage:
"The Florida Gators will take on the Houston Cougars tonight for the NCAA Men's Basketball national championship. Florida advanced in the final four by defeating 79-73, while Houston came from behind in an upset win over the Duke Blue Devils. The Cougars erased a 14 point deficit in the final eight minutes to win 70:67." [06:00]
Additionally, regarding Major League Baseball:
"The Los Angeles Dodgers met with President Trump at the White House today to celebrate their World Series championship over the New York Yankees last October. The President singled out several players, including Shohei Ohtani, for becoming the first major leaguer to hit 50 home runs and steal 50 bases in a single season all year." [06:00]
President Trump's Remarks:
"The Dodgers faced down adversity. You entered the playoffs battered and bruised, but not broken." [06:44]
Georgia Howe wraps up the episode by recapping the major stories covered:
"In case you missed it, this morning we covered some major stories including the stock market's nosedive, the short and long term impact of Trump's tariffs and the eruption of anti Trump protests in several cities." [06:49]
Listeners are encouraged to visit dailywire.com for more details and to stay tuned for the next Morning Wire edition.
This summary encapsulates the critical discussions from the Morning Wire episode, providing a clear and organized overview for those unable to listen to the podcast. It highlights the economic impacts of political decisions, international diplomatic efforts, significant policy changes under the Trump administration, pressing social issues, and noteworthy sports events, all enriched with direct quotes and timestamps for reference.