Trish Regan declares the "death of mainstream media," citing CNN and MSNBC's failure to investigate a viral report by YouTuber Nick Shirley exposing $110 million in Minnesota daycare fraud. She alleges politicians like Ilhan Omar and Tim Walz ignored these Somali-run schemes, potentially funneling funds via Hawala to Al Shabaab, while Minnesota's lax "vouching" election laws enable further voter fraud. Despite claims of billions in unaccounted funds nationwide, the segment concludes with Regan expressing optimism for the 2026 U.S. economy and promoting her investment platform. [Automatically generated summary]
Transcriber: CohereLabs/cohere-transcribe-03-2026, Qwen/Qwen3-ForcedAligner-0.6B, sat-12l-sm, and large-v3-turbo
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Death of Mainstream Media00:14:11
We're live.
Hopefully, the internet gods are cooperating with us today because we've got a really big, big story to talk about, and that would be the death of the mainstream media.
And I'm talking about what's going on in real time.
We know it's been going on for a while, but what's funny is when they start freaking out about it because they realize it in real time over at the likes of CNN and MSNBC or Ms. Whatever they call it now.
Yeah, they had to change their name.
That's how bad it is, you guys.
Welcome to the program.
I'm Trish Regan.
This is Trish Regan Show live on location.
So, like I said, fingers crossed, you know I'm here.
As long as I can be here with you, as long as we have Wi Fi, we'll travel, we'll be here.
CNN is struggling, struggling in every possible way, shape, and form.
I mean, ratings alone are just a disaster at CNN.
The profitability margins are a disaster at CNN.
And it is a business model that, as we all know, is clearly over.
It's also struggling with whether or not it's going to do this spin off or whether it's going to get bought by the likes of Paramount and CBS.
So, they got a lot going on.
I mean, we're talking baggage.
Because all the anchors are all stressed out.
Are they going to be able to continue making their multi million dollar salaries?
The short answer is no.
And it's ending sooner than you'd think.
And it's ending for a variety of reasons, but part of it is because guess what?
We're over here.
You know, think about what I'm doing here.
And I'm so happy to have so many of you be a part of this, but it's a very different kind of animal, right?
These podcasts, these video podcasts on YouTube, or I'm also on Spotify as well, Rumble, et cetera, all of these places where we can go direct to you and I don't have to go through a network.
And you know what?
There's plenty of great journalists out there and great commentators that don't need to go through networks.
One of them is this young 23 year old YouTuber who came up with this blockbuster report over Christmas and is putting all the networks to shame to the point where they're now questioning the integrity of his reporting.
They're questioning the authenticity of it, et cetera, et cetera, et cetera.
It's like, no, no.
I think what ought to happen is 60 Minutes ought to hire this guy.
Anyway, let me just show you a preview of what Nick Shirley did so you know what I'm talking about.
And then I got to show you this is great the meltdown that they are having on.
Live television in real time because they just can't believe this 23 year old went and did his job.
Massive fraud is taking place within the government and the Somali population.
Here, this building alone, Quality Learning Center, is a daycare, yet they spelled learning wrong and they said leering.
This daycare alone in 2025 has received $1.9 million from the government.
And the strange things about these childcare centers is there's no one here right now.
It's midday on a weekday.
If you were to try to go inside, it's completely closed and the windows are all blacked out.
No one's working.
Midday.
Children should be in here.
And this place is licensed for 99 children.
And this is the outside.
There's no windows, no nothing.
And like I said, they literally spelt the word wrong on their sign.
This is open and blatant fraud taking place here inside of Minnesota.
The government is complicit with this.
Okay.
So it was a great report.
It was a really great report.
He did like 40 minutes.
On this, and he basically was showcasing these daycares.
And now, other people are going out into Washington State, into California, into Ohio.
I have more to show you.
Other reporters that are finding similar type things all on these Somali run daycares.
You know, big business for the Somalis, apparently.
Fraudulent daycares.
And yet, CNN can't take it.
CNN is melting down in real time.
And CNN has to go put their own investigative reporter on this to actually check Shirley's reporting.
And guess what?
Turns out, da da da!
Shirley was right.
You see, the citizen journalist who's just 23 years old, who's just knocking on doors and like comparing addresses and like going and seeing what's there, he actually gets it right.
CNN couldn't be bothered to do such a thing.
Why?
Because CNN doesn't want to.
It doesn't fit CNN's agenda, just like it didn't fit Ilhan Omar's agenda or Tim Waltz's agenda to go after these guys in the first place.
I mean, they would say, look, these fraud cases have been going on, but they've already done like 80 indictments.
The cases have been going on, you know, for years.
And why did I show up one day in Minnesota and go to all these daycares?
No children.
They're receiving millions of dollars.
We uncovered nearly $110 million in fraud in one day.
How do you know that all the allegations that you're making are true?
How do I know that they're true?
Well, we showed you guys what was happening, and then you guys can go ahead and make your own announcements.
We're coming so we can make our own analysis.
Are you 100% sure you're true?
Yeah, I am 100% sure I'm true.
CNN is looking into Shirley's claims.
Hi, my name's Whitney Wild.
I'm a correspondent for CNN.
We reached out to several of the daycares featured in the now viral video.
Only one daycare facility answered and said they are a legitimate business.
Have you seen the videos purporting that some of these daycares don't have kids inside?
Minnesota Republicans say despite the new focus from the Trump administration, they have been sounding the alarm on fraud for years.
Guys, I'm seeing that we've got some technical difficulties, and I apologize for that.
I am traveling, and it was important for me to be here with you.
We're going to continue giving it a go, only because sometimes we actually are able to push through these things.
And like I said, it was a little bit dependent on the Wi Fi gods today.
And I'm blaming Elon because I'm using Elon's Starlink right now, and it should be doing a little bit better than it is.
But I know it's a lot because we've got video.
And it's a lot of data coming across.
So we're going to continue trying it and we'll see where it goes from here.
But anyway, you see, they don't, I mean, they're like trying to cross check, they're trying to reference, they're going crazy over at CNN.
How could this kid have beat them to it?
Well, he managed to pretty miraculously, but not miraculously, I should say, actually, just sort of matter of factly, right?
Because again, it's just being a reporter and saying, okay, let me look at this particular daycare.
Let me go out and see this daycare and see if anybody's there.
And wow, you know, what do you know?
It turns out the place is totally empty.
And they can't accept this.
They just can't accept this in the mainstream media.
And the reason they can't accept it is because what they've realized is some of these kids, these citizen journalists, are a heck of a lot better at doing their jobs than they are.
You see a similar situation over on MSNBC positively losing.
Or wait, what do we call it now?
Ms. Now, the Ms. Network. Really shocked that anybody would take this kid's reporting seriously.
And what a dangerous signal it is, right?
When the administration is actually going to cite this kid's reporting over that of, say, 60 Minutes, or of course, MSNBC.
Forget about the fact that MSNBC, CNN, 60 Minutes, they've all been wrong, over and over again.
And people are getting pretty darn sick of it.
So they can't take it.
They're like, how is it that this is so like being put up on a pedestal?
How is it like these stories have been kind of out there?
Nobody's done anything about it.
Well, the White House paid attention to it.
And these guys over at MSNBC.
Are coming apart at the seams.
Watch.
Oliver, what's happening in Minnesota is just one example.
There are countless other examples of the president and his allies spreading false information.
For example, during the 2024 campaign, there was the Haitian migrant story where Trump and JD Vance, now the vice president, lied about Haitians eating cats and dogs in Ohio.
How does the press, which, as we all know, we're all reporters here, try to hold everyone accountable, deal with these attacks?
And how do we cover stories like this where?
One piece of information can spiral into a conspiracy theory.
Yeah, I think it can be tricky.
I think one pattern that we're seeing here is also the Trump administration spreading stories that are anti immigrant in nature.
And so that story has a lot of anti immigrant undertones.
The one we're talking about now against Somalis in Minnesota, which has been a theme with the Trump administration.
This kind of speaks to the reality we live in right now the media environment where anyone can just record a video posted on social media and if it aligns with someone's politics, it can go viral.
I think what you don't expect is.
Responsible people in government, or you would hope there'd be responsible people in government to use these videos and jump on them to set policy across the country that impacts people's lives.
Unfortunately, that's something we've seen throughout this administration, starting in the beginning with USAID and how that was just gutted because of false information.
And that's what you're seeing here right now.
Ironically, too, we should point out that it comes from an administration that's quick to jump on others for not being entirely accurate.
If there's a tiny mistake, A news organization makes this administration exploits it to say the entire story is not accurate.
In this case, you know, we know there are inaccuracies in this video, and it wasn't fact checked like it would be at a major news organization.
And yet, JD Vance and others are holding this up and saying that the legacy media should take notes, which is, of course, pretty ridiculous.
I mean, is he jealous or what?
Gosh, I'm sorry.
Whatever his name is, MSNBC, Ms. Now, contributor.
This guy got you beat.
The 23 year old, he got you beat.
And you're just jealous and upset about it.
Were there inaccuracies in the report?
Not as I understand it.
I mean, you saw CNN did their deep dive.
CNN went in and said, okay, let's see.
Let's see if there actually are any daycare.
And they couldn't get any response from any of these daycares.
Guess what?
Because there are none.
Okay.
Earth to MSNBC, Earth to CNN, the jig is up.
And now, Earth to Ilhan Omar, Earth to Tim Walz, the jig is really up to the point where you now have.
Representative Emmer saying that he's the representative from Minnesota, another one of those from Minnesota, but this one's a Republican saying Ilhan Omar may actually face criminal prosecution.
And there are similar calls right now for Tim Walz because the question's going to become how should they know and how should they look away from?
This is a big deal.
And we're finding out, guess what?
Thanks to all these citizen journalists, all those gosh awful 23 year old something citizen journalists that just go out there and Have a camera and go knocking on some doors.
Minnesota's not the only state that's suffering from these Somali daycare centers.
I mean, sorry, there's like a trend here.
They've figured out the system pretty darn well.
Take a look at what's going on right now in Ohio.
Another citizen journalist uncovering this one.
Another one?
Check this one out.
Today I'm showing you 161 Child Care in Columbus, Ohio.
And as you can see, it does not look like a child care center at all.
It is locked, says it's open.
There's a little desk right there, but The ceilings all falling out and stuff like that.
And if you come around back, you can see that this place is just a total dump.
This is unbelievable.
Literal just debris everywhere.
This is your taxpayer dollars.
Good question.
How do you enroll?
How do you enroll your children here?
You can't do that?
No kids?
So, how can I enroll my children?
It says you get public money through Ohio.
You get money through the state of Ohio.
This is why I keep saying you cannot give government too much money.
What government has, government spends.
And quite often, it winds up possibly going to fraud.
No!
Okay.
You saw that.
All right.
So, this is now becoming kind of a trend.
And we've got stories that are rather similar out in Ohio.
Oh, I forgot Lewiston, Maine.
Lewiston, Maine, where there's also been reports of this.
We've got Minnesota, of course, Ohio, which I just showed you, and Washington State.
Guys, look at this one in Washington State.
I mean, there are pages and pages and pages.
Apparently, all these daycares were registered to the same Somali daycare company, all on the same day.
And Elon Musk actually tweeted this out and said, wow, many of these don't even have addresses.
How can that be?
How is Washington State willing to allow that?
And I'll tell you something else.
You know, as you think about Mam Dami going into New York and telling everybody we need to get rid of the constraints and rigidity, I believe was his comment, rigidity of individualism and welcome the warmth of collectivism.
I mean, wow, this is what collectivism is going to get you.
Because when you have the government in there just dishing out cash, nobody cares.
And it's ripe for corruption, ripe for corruption, especially when you have specific groups.
That are relevant for some specific politicians.
And this particular group in Washington State, in Ohio, in Minnesota, and in Lewiston, Maine was very relevant for some politicians, which is why this whole thing is gonna explode in the sense that I have a feeling we're gonna find some fingerprints on a lot of this.
I'm not suggesting kickbacks, but gosh, wouldn't that be interesting if we actually saw that?
But a lot of people looking the other way and allowing for the money spigot to stay open, open, open, open.
Why?
Because it worked for them.
It worked for the politicians.
California, meanwhile, another biggie.
I mean, they're losing what, 70 million?
Billion.
Forgive me, 70 billion.
They just can't find somehow, some way.
Gavin Newsom and all his grand plans for socialism and collectivism and taxation of anyone who dares to try and earn a living.
No, it's all going to go through the state, don't you see?
You got to be part of the system.
You got to join the Somali daycare crowd.
That's how you make a living these days.
Look at what's going on in California.
$2.3 billion sent to LA County over four years is completely Completely unaccounted for.
Woo!
Just 2.3.
Turns out it's actually $70 billion.
So you're talking $70 billion.
That was just the other day, $2.3.
Billion Dollar Oversight Failures00:08:56
They're finding more that's unaccounted for every single day.
The president out tweeting or putting on true socialites to say there is more fraud in California than there is in Minnesota, if that's even possible.
When you add in election fraud, then they are tied for first.
Two crooked governors, two crooked states.
You see, again, No one's mining the store in these places.
I mean, the Somali daycare centers and autism centers and, oh, what else?
The Medicaid, Medicare, home care facilities, et cetera, et cetera.
I go down the list, but they've had numerous examples now in Minnesota of massive, massive fraud.
And this is what Elon Musk was getting at all along with Doge that this stuff needs to get exposed and it needs to be brought front and center so that we can stop it.
And the Democrat politicians just wanted to keep going.
This is one big gravy train.
They want to transition to this collective.
Activism type economy of socialism that rewards corruption.
I mean, maybe they don't intend for it to be that way, but that is the outcome.
Take a look at what's going on in California.
Bill, how long has this kind of fraud been going on?
I mean, the homeless issue in Southern California is a massive issue.
Taxpayers have forked over tens of millions, if not hundreds of millions of dollars, to fix it, and people are stealing it.
It's unbelievable.
And, you know, it's probably been going on for a very long time, but unfortunately, no one's really looked at it until recently.
Before this position, I was in the state legislature, and we would ask a lot of questions about the billions of dollars being spent every year to solve homelessness.
And we can all see with our eyes and ears that it wasn't being solved, and the money wasn't going to the people who needed it most.
So, one of the first things I did after being appointed as the U.S. Attorney here in L.A. was to create the Homeless Fraud and Corruption Task Force.
And frankly, we were starting from the Bottom up, and we began brand new investigations with the IRS and the FBI.
It's already culminated in two separate indictments, and I can assure you that more will come.
In the two indictments you've announced thus far, in one case, somebody was taking this money that was meant to build homes for the homeless and spending it on things like tickets to Coachella concerts, jewelry, and a Beverly Hills mansion.
It's frankly outrageous.
And this goes to show when you hand out billions of dollars with little to no oversight, there are people out there that will take advantage.
And that's always been our suspicion is that there's been very little oversight.
Or accountability to the individuals who receive this money.
Most of the money goes out to nonprofits or developers who claim they're going to use the money to build housing.
And what we saw in just these two investigations, that's not where the money went and it was used to pay.
In other words, unfortunately, what government has, government spends.
And it doesn't always go to the people that it's so intended to go to.
I mean, you heard Elon talk about NGOs being one of the biggest frauds going, right?
Huge, huge, huge example of fraud.
And so you've got to come back to, like, why is this happening?
And there may be some reasons for that.
In fact, Minnesota elections are very much under fire right now, and their election style, their rules, et cetera.
We're going to get to that.
But keep in mind, at this moment, we've got the DOJ investigating all of this hard.
That's the U.S. attorney you just saw there in California.
The DOJ, Pam Bondi, coming out saying there's going to be some heads that roll.
I mean, they're looking in to Ilhan.
How do you like that?
Ilhan gotten gains.
That's the title in the Daily Mail.
Ilhan Omar facing probe over how her family wealth somehow skyrocketed to $30 million in just one year.
Yeah, that's a question I'd like answered.
And believe me, they're looking into it.
Tim Waltz also under the microscope right now.
And Caroline Levitt says that's not the end of it.
There will be heads that will roll as a result of this investigation.
Watch.
The Department of Justice, as we speak, is continuing to execute search warrants and subpoenas.
People will be in handcuffs as a result of the fraud that Governor Walls has allowed to occur for many, many years.
The Department of Homeland Security is conducting door to door investigations on the ground.
Potential fraud sites.
And they are also, of course, conducting continued deportations of illegal aliens in Minnesota's communities.
We're also not afraid to use denaturalization.
Whoa, Okay.
Did you hear what she said?
Denaturalization.
So could Ilhan Omar lose her citizenship as a result of anything that's coming our way?
Could those people that have been implicated or convicted in this massive Somali fraud, I've heard estimates.
Now, of about $100 million.
So that could be pretty, pretty, pretty significant.
I mean, you know, Tim Waltz wanted to be number one in something.
Turns out his state's now number one in fraud.
We'll see where California shakes out when it's all said and done.
But denaturalization is very interesting because that actually is something that you don't hear about a lot.
It has some pretty significant legal hurdles, but I've been doing some investigation of myself into it.
And there are certain things that one could look at.
For example, if any of these people got their citizenship fraudulently, Ilhan Omar's brother, I'm looking at you, possibly.
I don't know.
I mean, these are the allegations, right?
These are the allegations.
And they should be investigated.
And I guess all it would take is a simple DNA report to be able to tell you.
Yeah, I mean, she married this guy, allegedly her brother, to help him get citizenship and be able to get a scholarship to go to the University of one of the Dakotas.
Like, wow, right?
You know, sure beats Somalia.
But she was married to another guy when she married the alleged brother.
This is all hearsay.
None of it has been proven.
I want to be cautious and careful about that.
But it seems sort of strange to me.
That you divorce one guy and yet you continue having kids with him while the other one that you marry moves off to go to school.
Just saying, anyway.
The one that she had kids with eventually, um, well, she was already divorced from him, and then the guy who was allegedly her brother again, we have no proof of that.
Just a lot of talk online, including by the way, the Daily Mail did a really good interview with somebody in the community who talked about how he, in fact, believed that indeed that was her brother.
So there's a lot out there, um, just no DNA proof as of yet.
So she.
Had another kid with the ex husband, and then the husband that allegedly is the brother, like, goes and moves overseas to London.
And she then somehow, I don't know if she's married to another guy.
I mean, this is, you know, for a religious woman, she gets around, let's just say.
She marries this one, and I remember his name because I think my net worth.
The other day we were live on the air, and I was like, Is it Wynette?
Is it MyNet?
Oh, it's MyNet because MyNet worth goes up when I marry MyNet.
That's what she's thinking because she went from like 200,000 to nearly $30 million overnight.
I mean, within the span of a year.
And his company, by the way, is super sketch or super sus, as the kids like to say.
He's apparently got a political consulting company that he calls a private equity firm, but I've looked at it.
It's really not a private equity firm.
It really is just a political consulting firm.
And of course, you know, he's like the ultimate political consultant.
He gets paid by the big boss.
That would be her, Ilhan Omar.
He works her campaign.
The donors donate to her, and then he gets paid the big, massive salary.
So that I guess works out for Mr. My net.
And her net worth went way up after marrying him.
So, Caroline Levitt is pretty specific.
Heads are going to roll.
She's looking at denaturalization.
Again, in the case of Ilhan Omar, what you'd actually have to prove is that somehow her parents filled out some applications fraudulently.
Perhaps the other rumor online, again, with no actual firm reporting on this.
So, I want to be cautious, but there are allegations.
That have suggested her dad may not have been who he said he was.
And if her father actually had ties to the regime that was repressing people in Somalia, that would put her citizenship in danger, especially if at 17 years old she went along with those lies in any way, shape, or form.
So it might be kind of a high bar to get there, but it's something that they are addressing and they are bringing up.
Meanwhile, the FBI, Kash Patel, saying, look, to date, the FBI has dismantled a $250 million fraud scheme that stole federal food aid meant for vulnerable children during COVID.
And that was that feeding the future that Ilhan and her hubby put out.
Citizenship Allegations and Accountability00:15:01
Actually, the day they announced their marriage, she also introduced that legislation.
That must have been a big wedding bill they had to pay off.
I'm kidding, but maybe not.
The investigation exposed sham vendors, shell companies, and large scale money laundering tied to the Feeding Our Future network.
Furthermore, many are also being referred to immigration officials for possible further denaturalization and deportation proceedings where eligible.
There, Okay, so again, we're hearing more talk of denaturalization.
That is a big deal because they would lose their citizenship.
They'd have to go back to Somalia.
And that is going to get heavily contested in the courts because once you become a citizen, you're usually a citizen.
And you can do something wrong and then you go to jail because you're an American citizen.
But can they actually strip back citizenship?
They would have to go probably further and prove that there was some kind of fraudulent activity that occurred when they were applying for citizenship to begin with.
And I'm just going to go on a limb and say, like, if they're willing to do this.
With the daycares and the autism centers and the feeding the future centers and the Medicaid and Medicare fraud, et cetera.
I mean, we can keep going down the list.
Then maybe there's some more there, right?
Maybe there's some funny stuff that went on when they got their naturalized citizenship to begin with.
But don't tell Timmy Walls.
No, Timmy's all about this community.
You know why?
Timmy needs to get elected by this community.
And what's scary, okay?
Let me just say, by the way, Happy New Year, Happy 2026.
I mean, are you not happy that this guy's not the vice president of the United States of America?
My gosh, what would things look like then?
I mean, he was trying to pitch the whole Minnesota model on all of us.
Don't forget, in the vice presidential debate against Vance, that Vance so easily won, here's little Timmy, tampon Tim, as he's known, promising to bring Minnesota style childcare to the rest of the country.
Oh, that would have been great.
We in Minnesota passed a paid family medical leave.
You have a child, you.
And I had to go back to work five days after my kids were born.
This allows you to stay home a certain amount of time.
What we know is that gets the child off to a better start.
The family works better.
We stay in their employers.
We get more consistency in that.
So, Kamala Harris has made it a priority.
We implemented it in Minnesota and we see growth.
That's how you become a pro business state.
And so, a paid family medical leave program, and I will tell you go to the families or go to the businesses and ask them.
As far as childcare on this, you have to take it at both the supply and the demand side.
I just have to stop for a second.
Go to the businesses, ask them.
Yeah, they're loving it.
They're loving it because they don't have to take care of any kids.
And guess what?
Fill out a few pieces of paperwork.
And guess what?
Four or five million dollars later, they're living high off the hog with half the money going back to, by the way, we're going to get to this?
None other than Somalia.
And guess who takes a take out of that?
An organization tied to Al Qaeda.
Yeah.
How do you like that one?
This is all coming out right now.
We got dirty laundry galore.
Let's continue with Tim.
You can't expect the most important people in our lives to take either our children or our parents to get paid the least amount of money.
And we have to make it easier for folks.
To be able to get into that business and then to make sure that folks are able to pay for that.
We were able to do it in Minnesota, and I'm still telling you this.
We were listed as the best state.
We're still in crisis on this.
A federal program of paid family medical leave and help with this will enhance our workforce, enhance our families, and make it easier to have the children that you want.
No, no, no.
So people are still struggling to have kids, right?
Kids are expensive.
Well, the Somali mafia group was out there collecting millions and millions and millions of dollars.
Okay, this thing is going to be massive.
Talk of possibly $100 billion in fraud there.
The biggest fraud of a welfare system in America's history.
So, everyday Americans, they're struggling to get by.
They can't have kids, they can't afford the childcare.
All the while, you got the Somali daycare centers pocketing millions of dollars?
I don't think so.
From Maine to Ohio to Minnesota to Washington State?
No, thank you.
Someone's going to wind up going to jail for this.
And the question is who?
Ilhan Omar, Timmy Walsh, Keith Ellison, the AG in Minnesota, all very much under scrutiny.
But I don't think America is going to be satisfied until, and Pam Bondi, I'm telling you, I'm looking at you, kid, right?
You better deliver on this one.
I do know that we got the Treasury Department involved, too.
So I have a certain kind of peace of mind that they're going to get to the bottom of it because Scott Besson is no joke.
And the idea that any of this money went to overseas illicit groups.
Is going to be really problematic for these people.
And trust me, it did because that's how the whole wallah system works.
Anyway, let's go to CNN talking about this.
And Scott Jennings making a very good point.
That nothing is being done, that no one is being held accountable, that this was just let to run rampant is completely false.
Well, some people have been held accountable, but I think, in the opinion of most Republicans, not nearly enough.
And truthfully, until somebody in a position of power, until somebody in a position in Minnesota elected position who was In charge of administering this or having some oversight over it goes to jail, it's honestly never going to stop.
Look what's going on in blue states across the country $9 billion in Minnesota, $70 billion in fraud in California, cooking the crime stats in Washington, D.C. When is someone in a position of power going to go to jail for the rental fraud?
What I am telling you, though, is in the case of these states and locales, this is public money, taxpayer money.
People get elected, they're supposed to run programs.
About paywalls.
The Medicaid program is run by the state.
The DOJ is prosecuting for the state.
Bragged about putting more money into this daycare system that is obviously rife with fraud.
Okay, so this is kind of amusing because now you're in a situation where you've got CNN defending Pam Bondi in the DOJ.
Ooh, Pam, that's not a good sign now, is it?
She's like, they're doing everything that they can.
What more do you want?
Why are you talking about people going to jail?
I mean, they're doing everything they can.
Now, this thing is just getting started, okay?
Just getting started.
And like I said, you now have Treasury looking at it, which takes it to a whole other level.
So, Ilhan Omar, I'd be pretty nervous if I were you.
You're the one that introduced the darn $250 million Feeding the Nation, Feeding Our Future program that defrauded U.S. taxpayers out of everything.
This is why HHS has paused all funding to Minnesota and to Smalley Daycares.
They held events at one of the restaurants named in the fraud case, had former staffer who was convicted in a fraud investigation.
I mean, she's got fingerprints kind of all near this thing, right?
Oh, don't tell that to CNN, though.
No, no.
Yeah, she had a guy, a campaign staffer that worked for her, that helped introduce this legislation, who then was convicted.
And admitted he was guilty for fraud.
But again, don't tell CNN.
They're trying to insist that somehow Ilhan didn't do anything wrong.
Isn't the American Project supposed to be about treating people as individuals, not as representatives of where they came from, about who their parents were, whatever, but about who they are and what they can individually contribute to this country?
However, what Trump is doing there is basically saying you are worthless if you come from a part of the world that he doesn't think has value.
Is that really what we're doing?
And that's not true in America.
That's not true in America.
No, we in America do treat people as individuals.
They always want to go back to the race card over and over and over again.
And this was the get out of jail free card for years for the Somalians in Minnesota because if you dared to criticize them, somehow you were racist.
Don't forget the backdrop of George Floyd, summer 2020.
You just couldn't say certain things.
No, these people were totally untouchable.
Let's keep going.
And appreciate them as individuals.
It's one of the greatest things about this country.
On the other hand, And I am no fan of Ilan Omar, and she is in a lot of deep doo doo now because she is very tangled in this billion dollar Somali Medicaid fraud scandal in Minneapolis, and she may be touched by this.
And of course, I haven't seen any evidence of her being condemned to it except for her being Somali.
So let me tell you why that's so unbalanced.
Let me tell you why this is.
She's just Somali, so how dare you go after her?
Forget about the fact that the campaign staffer, okay, the campaign staffer.
He was convicted.
Like he's in jail right now.
CNN, you forgot about that one.
Anyway, they love Ilhan Omar over on CNN, so they keep giving her opportunities to explain herself and this massive fraud that we at least know is 9 billion, estimates of 100 billion out there.
And look, look, surprise, surprise, exactly where Ilhan Omar goes.
It's almost like you could have predicted it.
Why do you think Nancy Mace is targeting you as much as she is?
It's the easy clickbait.
There is a lot of hate in this country for Muslims.
There's a lot of hate in this country for black people, especially black women.
And there is a lot of hate, severe hate, for immigrants.
And so I fit the ball.
She knows that she can easily raise money and get support for her bigotry from the bigoted people who want to give money to her campaign.
But the reality is.
In this country, the First Amendment does not only protect speech, it protects the right and liberty for anybody to practice their faith.
I do practice the Muslim faith.
I am an immigrant.
I am proud of both of those things.
And I was, of course, born in Somalia, which the president likes to mention.
And I'm also proud of my Somali heritage.
And that is not something that they can take away from me.
And I just want to say, you know, one thing.
Thing that the president should understand is that you can't impeach a sitting member of Congress.
And it is unfortunate that the members of Congress have not educated, they're an educated president about how Things work in Congress.
Well, actually, they are going to be forcing a vote on this very thing.
In fact, Representative Fine out of Florida is pushing forward on it.
In the meantime, you know, thou dost protest too much, I think is the Shakespearean phrase, right, from Ilhan Omar, because instead of saying, gosh, it was really awful, we feel terrible about it, da instead she's going back to, well, this is just racism.
It's because I'm Somalian.
And I'm sorry, but that's not going to fly anymore.
It's not 2020 anymore, baby.
Wow, Elon was spot on.
You know who complains the loudest and with the most amount of fake righteous indignation?
The fraudsters.
That's it's a tell.
You're listening, Minnesota?
You're listening, Ilhan Omar.
Okay, again, her guy, her campaign manager is the one that's been convicted.
One of the campaign managers, because the hubby was the other campaign manager, okay?
The hubby that she married and announced the marriage of.
Herself and Tim, another Timmy, Timmy, Timmy, Timmy, it must be very popular in Minnesota.
Timmy Minette and she get married on the same day that she debuts her Feeding the Nation, Feeding the Future program.
It's really peculiar, peculiar, but you know, she's going to be in a little bit of trouble whether she realizes this or not.
I want to go to Representative Fine, who is a little annoyed with one Ilhan Omar because of some of the things that she has said about Israel.
Some of the things, I mean, it's like, wow, you know, apparently.
It's open season on Israel, but God help you if you go after the Somalians.
No, no, they're like completely protected.
And he's calling out the hypocrisy of this because he said something about, you know, we really need to effectively extinguish, and he didn't mean like exactly that, but he's trying to get rid of some of the extremism within the Muslim faith because that's effectively, in his view, the problem.
And if you're going to get rid of the terror group, right, you want to make sure that you don't have that extremism out there.
And she took that.
Quite literally, and then started fundraising off of this.
And he's like, All right, all right, you know what?
You want to do that?
Well, guess what?
I am going to demand a vote to have you pushed out of Congress.
I want a whole vote on it.
And on top of that, we should look at denaturalizing you too.
Watch.
Expelled from the United States.
And that's something that I'm working on.
But what prompted me to take this position is she decided to send around fundraising emails saying I should be expelled from Congress.
Well, if that's her view, she should go for it.
And so what I've said is if I'm going to try to expel her, It won't be in a fundraising email.
She'll deal with it on the floor of the U.S. House of Representatives.
So, are Ilhan Omar's days numbered?
In the country?
In Congress?
Both?
Let me know what you think.
I'm watching in real time.
It looks like we've got our signal back, so that's a good thing.
I think so.
I think something is going to happen and there is going to be some accountability.
But again, they're going to have to find it all.
And that's really tricky.
They're going to have to find it all.
But look, I give credit to the YouTuber who's out there doing that.
I give credit to the other YouTubers out there doing that.
And as much as Nick Walls, Wants to Nick Walls, Tim Walz wants to get out there and say, Well, this is just racism, as much as Ilhan Omar wants to get out there and just say, Oh, this is racism.
Those excuses are getting really old, really, really fast.
Because you know, this comes down to one thing and one thing only.
These people are very selfish and they care about what?
They care about getting elected.
And that's why this happened.
That's the honest to God truth.
And don't take it from me.
Listen to the kid who did those reports.
And he's got Tim Walz now calling him all kinds of things, including a white supremacist.
I mean, they just go like.
To the worst possible place, right?
If you dare to expose the fraud, somehow now you're the problem?
What kind of inverted world is that?
That's the Democrats' inverted view of the world and corrupt, frankly, view of the world.
Here's Nick Shirley.
Again, just to jog your memory, remember the report?
The fraud is taking place within the government and the Somali population.
Here, this building alone, Quality Learning Center, is a daycare, yet they spelled learning wrong.
Voter Vouching Controversy00:12:14
Okay.
So he's the one who blew the lid open on.
Everything.
And he was asked about Tim Walz' comments on him recently on Fox.
I want you to hear his answer.
This is what happens when they target communities for their own benefit.
This is what happens when they scapegoat.
And this is what happens when they no longer hide the idea of white supremacy.
So it sounds to me, Nick, that Governor Tim Walz is saying that you and others that are out there trying to expose this, you know, you're doing it because you're white supremacists.
What is your response to him?
Yeah, Tim wants votes.
There are entire apartment complexes where white people have been pushed out of these apartment complexes because Somalians have taken over and they're inside of these towns like Minneapolis, where they can go and go get votes from these people.
And if you have 100,000 people that will vote for you because you're going to enable and let this stuff happen and because you're going to call white person racist for calling out facts, this is what's going to happen to a state like Minnesota.
Minnesotans, they say Minnesota nice, but they are very upset.
And I fully understand why they're upset because they don't have a governor who's actually working for them, he's actually working against them.
Nick, your video has been viewed 93 million times.
What do you think will be the result of this?
Do you think that things will change because of bringing attention to this, or do you think it'll be much the same?
Swap under the rug and keep moving forward.
Yeah, there better be a change.
People are demanding it.
The investigations have been launched just from that video alone.
In fact, and he's right, he calls on President Trump, and Trump's already there, right?
He's already said, hey, Pam, on it.
Hey, Scott Besant, get on it.
Hey, Kash Patel, get on it.
So things are happening.
But let's go back to what he said there.
Why is this happening in the first place?
And I thought he put it pretty simply and pretty eloquently Tim wants votes.
Timmy Walls wants to get elected.
And here's the reality you're not getting elected in the state of Minnesota if you don't get Minneapolis.
So you need Minneapolis.
And if Minneapolis is run by all the Somalis, then I guess you got to look the other way when it comes to the fraud that they are being accused of and convicted of.
I mean, the Somalis, they're running the show.
Just ask Mayor Jacob Frey.
Listen to his commercial when he's campaigning.
Ladies and gentlemen, meet the mayor of Minneapolis, Minnesota, Mr. Jacob Frey.
Maaga Egawa, Jacob Frey, Dokima Galada, Minneapolis.
I thought this was a joke.
No, no, no, no.
It's real.
It's not AI.
It's him.
It's totally him, okay?
Because he needs to be able to communicate with these people.
He needs to be able to speak their language and he needs to tell them he's got their back.
But here's the problem when all the fraudsters are coming from Ilhan Omar's district and Jacob's district, what does that tell us about Ilhan and Jacob?
This is an interesting story.
This is a controversial story, but this is an important one that has to be understood.
They're blowing this one wide open, too.
Okay, so New York Post reporting that Minnesota daycare has now sparked concerns over election policy in the state of Minnesota that allows for get a load of this, a registered voter to vouch for up to eight others, eight people that are seeking same day registration.
So, wow, okay, the election day comes, and you're like, I'm going to bring eight of my friends, and I got my license and my passport, and I'm going to tell you that all eight of those people are US citizens too.
I can vouch for them.
No checks, nothing.
So then eight people get to come in and apparently get to vote on election day.
So this is a big, big concern right now.
This is actually a relatively new system that was set up.
And if you look at the Minnesota Secretary of State, his name is Steve Simon's website.
He explains the process, which goes like this a registered voter, quote, from the precinct can go with you to the polling place to sign an oath confirming your address.
This is known as vouching.
A registered voter can vouch for up to eight voters.
And the article goes on this particular one in the Daily Mail.
Not only this, but voting forms add that employees of a residential facility may vouch for an unlimited number of facility residents.
Whoa!
Okay, so you get a residential facility, right?
Somebody's like living in a nursing home.
And I guess if you're an employee of the nursing home, you don't get just eight, you can get the whole kit and caboodle of the nursing home.
You're vouching for everyone there.
Anyone else find that just a little peculiar?
Like, just a little teeny bit peculiar.
I mean, I'm all for state rights and I'm all for states being able to do what states want to do.
But at this point, you're voting in national elections.
And I think that we actually need to have the feds in there suing them over this one because that just seems to leave the spigot open for all kinds of things.
I mean, fraud, right?
I'm just going to say it.
Like, that's the scary thing.
I'm not saying it happened.
Okay.
We have to be careful.
I'm not saying that.
But I am saying it certainly looks like.
Peculiar things could happen.
If you go down in the article, it says not only this, but voting forms add that employees of a residential facility, as I said, can vouch for an unlimited number of people.
And Scott Pressler, who is a big voting rights activist, has been talking about this, saying, wait a second, what does this mean?
Does this mean that you could have potential fraud?
And the short answer to that is yes.
You had Elon Musk tweeting about this, saying, this system is actually ripe for fraud.
So scary enough, it's apparently not even unique to Minnesota, but think about this.
The rejection rate of these ballots, of these vouching systems, it's like minuscule 0.003%.
Apparently, in the rest of the country, 54 out of 1.3 million registrations between 2022 and 2024 that's the number rejected, a minuscule 0.003% rate, and it's far below the 3% national average.
Yeah, way below.
Like Alabama actually rejected 3,843 registrations.
Colorado invalidated 91,871 registrations.
That would be 2.4%.
And yet Minnesota is like, come on, come on.
I'm going to vouch for you and you and you and you and you.
Just make sure you vote for the candidate we told you to vote for, right?
That's how it sounds.
This is not good.
This is not good.
Okay, so this is Scott Pressler saying, I repeat, Minnesota has same day voter registration.
One registered voter can vouch for eight others who don't have an ID.
Are you kidding me?
Whoa.
And then Elon Musk is retweeting him saying, This was made for fraud.
Let's go to Scott speaking on.
Another one of my former employers, this is Fox.
Let's watch what he has to say.
And he's being very careful too.
He's like, I'm not saying this happened, but gosh darn it, this doesn't look good.
Did you know that in 2008, 500,000 voters, or nearly 19% of all voters in Minnesota, registered on election day?
And did you know that former Senator Al Franken was elected by 312 voters?
So, I'm not alleging anything on the program, but what I am saying is that this vouching system, which clearly opens the door for potential fraud, could swing statewide elections.
Yeah.
And possibly, you know, national ones, federal elections, like, you know, for federal positions, I should say.
I mean, I would think it would be able to have an influence on a presidential vote.
I would think it would be able to have an influence on whoever becomes presidential.
Senator, congressman.
I mean, that's a big deal because that then affects the rest of the country.
And then we get back to so, why is it that this was allowed to happen in the state of Minnesota?
Why is it that everyone looked the other way when the Somali community was so in deep on all of this fraud stuff?
And I'll let you draw your own conclusion, but take a peek.
The election is very important.
Yes, it is.
So, can you tell us why the Somali Communities are very important for the election.
Well, the Somali community is critical.
In my own election, I wouldn't be in office without the help of the Somali community.
Somali voters came out in very large numbers.
Okay, this is important because this is Keith Ellison.
He's the attorney general, so he's the guy who would be prosecuting these Somali daycare fraudsters.
And he's now telling somebody that the Somali community is so critical for him to be elected.
Interest much, you think?
Able to register people to vote.
Very recently, there, I think there were several thousand Somalis who were just naturalized as U.S. citizens.
Somalis can make a huge impact on this election.
And I can tell you without a doubt, it's not just in Minnesota that Somalis make a big difference in the election.
Also in Ohio, which is a battleground state.
Somalis that are in Columbia, Columbus, Ohio, and in Virginia all have a role, an opportunity to play a very big role in this election.
And so I think many of us are counting on the Somali community.
To get involved, stay involved, but not just vote, help others vote.
On my campaign, we have tremendous leaders.
For example, Hibu Issaq, who is a great leader, very articulate, very smart young lady, who is out gathering in Somali voters and other voters to get them to the polls.
Also, we have Miriam, who's on our campaign, and others as well.
So we believe that the Somali community plays a critical role, not just in Minnesota, but in Ohio and in Virginia.
And so call your relatives out there so we can get them to the polls.
Wow.
Yeah.
Call your relatives because you can vouch for eight of them in Minnesota, the way that works.
Unbelievable stuff.
Unbelievable.
So I think that this is coming up more and more and more.
And Peace of My Mind had a good question.
Good to see you back here, by the way, Peace.
Why is this happening now?
Like, this has been out there.
In fact, you can go all the way back to 2012.
I've seen reports from 2012.
I've seen reports from 2018.
I've seen all along the way, every single year.
And there were lots of local TV reports on this.
So, why is it coming out now?
And the answer may be in part one, because people have just had it, two, because you do have citizen journalists, YouTubers.
There's a certain freedom here.
We don't have to go through the likes of CNN to get a story out.
I don't want to bore you with how hard it would get for me to get a story on the air back in the days of network TV.
I mean, the levels of scrutiny and the process that you would go through, and you'd be on the cutting room floor all the time.
If your particular story or narrative didn't fit the producer or anchor's agenda, you weren't getting it on.
And so now we don't have to worry.
I don't have to worry about getting anything on.
I can do whatever I want every single day.
It's actually enormously freeing and fantastic.
And I'm thankful for it.
And hey, even when I'm traveling, I get to do a show, albeit, you know, sometimes with some spotty internet.
I'll be back at home base, by the way, on Monday, you guys.
I think that this is just a completely different media environment that we're living in, and people are responding to that.
So, this kid goes out and does a story.
It goes viral.
The president pays attention.
The FBI pays attention.
The DOJ pays attention.
The Treasury Department pays attention.
Modern Media Environment Shifts00:02:50
And what do you know?
You got yourself an explosive, explosive investigation that's going on with other citizen journalists, independent journalists all over the country picking it up, saying, I'm going to go look in Ohio.
I'm going to go look in Massachusetts.
I'm going to go look in Maine.
I'm going to go look in Washington State.
And now it's all coming out.
And that's a really, really good thing.
But I think that's why it's being focused on right now.
You know, and the sooner the better.
I mean, we need these things to be focused on.
I also think that you've got to ask yourself what's going on with Ilhan specifically.
I know she just wants you, you know, it's just prejudice, right?
It's because the president said something about Somalia and, you know, she doesn't deserve to get pulled into this, but she's already in it.
This is why the education secretary, Linda McMahon, who's already shut off all those daycares in Minnesota, is saying, hey, This woman is not exactly a very nice woman.
And this is why Representative Emmer, also of Minnesota, is saying there could be criminal charges coming.
I mean, there should be under the circumstances.
Six new indictments and one guilty plea were announced yesterday as federal agents executed a search warrant on Ultimate Home Health Services, a Somali owned home care agency.
The new indictment zeroes in on the autism program called Early Intensive Developmental and Behavioral Intervention, or EIDBI, and zeroed in on housing stabilization programs.
In the case of the housing stabilization programs, the assistant U.S. Attorney Joe Thompson says defendants claim to provide housing assistance to people with mental illness or drug and alcohol problems, and they say the defendant submitted claims, provided no service.
Thompson used the term fraud tourism, claiming two men from Philadelphia learned there was easy money in Minnesota, so they flew into the state, set up shop, and started billing the government.
As far as defrauding the autism programs, Thompson introduced one new case of a defendant recruiting parents, getting bogus documents for a diagnosis of autism for the child.
The parents would then get a kickback from the money intended.
To treat the autistic child.
What we're seeing is programs that are just entirely fraudulent.
These aren't companies that are providing some services but overbilling Medicare or Medicaid.
These are companies that are providing essentially no services.
They're essentially shell companies created to defraud the program, created to submit on a wholesale level.
Now, the housing stabilization program, for one, was created with a prediction it would cost $2.6 million annually.
It ballooned to $21 million in 2021 and exploded to $104 million in 2025.
All but a handful of the defendants thus far are part of the Minnesota Somali community.
I mean, that's bad.
Fraud Ring Money Transfers00:09:23
Our thanks to Fox News for that reporting.
Look, there's a lot of questions, too, that go back to this couple that you're looking at a picture of.
If you are listening to me on Apple or on Spotify, thank you for that.
If you're watching in real time live on YouTube, thank you so much for that.
Make sure you subscribe, share, like, all that stuff.
Oh, and check out my Spotify channel.
We're climbing, we're getting there.
Every single one of you counts.
So please do what you can.
I put the link in the chat.
In the show notes.
But this is Ilhan Omar and Timmy Minette.
And they're now, you know, they're very much under the microscope because people want to know, like, how is this guy suddenly like going gangbusters in his wealth ever since marrying Ilhan Omar?
It's kind of crazy.
I mean, they were worth like nothing and now they're worth 30 million.
And it's all coming as all of this information comes out.
Quite a windfall that they now have.
But you know what's amazing too?
And I told you about this the other day.
One of his wineries that was corporate headquarters at a WeWork.
Yeah, a WeWork office in DC.
I guess his private equity company, his fancy private equity company that really doesn't look like a private equity company to me.
Maybe he's trying to get preferential tax treatment.
I don't know.
But anyway, he's got the private equity company.
And that's actually also located out of a WeWork in DC, you know, man of the people that he is.
So now they're being scrutinized for anything that they might have done.
And I think there's a lot of questions that need to be asked about these.
These two, because she is at the heart of the scandal and she was looking the other way, like they all were.
They're all looking the other way.
And that's really messed up, and especially messed up because of what we know about how the system works, so to speak, for the transmission of money overseas.
So much of this money was going back to Somalia.
And one article is saying that it may be Minnesota taxpayers that were the biggest source of funding for an Al Qaeda linked terror group in Somalia, in the Middle East.
How do you like that?
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Okay, this is the really ugly truth about this entire Minnesota fraud scandal.
And it's that there are real concerns.
So much money went back to fund terror organizations in the Middle East, specifically Al Shabaab, which is an Al Qaeda linked terror organization out of Somalia.
Here's a report from a few years back.
The million dollar figure came from Scott Stillman, a former Department of Human Services computer forensics director.
He also alleged.
Money from the daycare fraud was being sent to fund terrorists in Somalia.
Wow.
So that guy, Stillman, was saying this like years ago.
We're going back into like 2018.
This has been out there for a while, okay, guys?
And yet, as Peace Mind said in the comments, like, why is this suddenly becoming important now?
I think it's becoming important now because you finally have a team in the White House that's like, we're not going to put up with this.
And you have a country.
That's not willing to put up with this.
I mean, this is in part why Donald Trump was elected.
This is why people were so excited about Doge.
Let's get rid of the fat.
You got all kinds of fat with these NGOs and these promises of daycare and Medicaid and Medicare that doesn't actually go to the people.
Autism clinics.
I mean, that was blatant fraud in Minnesota.
And so the real fear now is okay, the Somalis were making all this money, they were sending it back home.
Now, even if they weren't directly sending it, Inadvertently, they were.
And they were sending it because they were transmitting the money.
And they were transmitting the money through Hawalis.
And Hawalis always take a percentage off the top for the cause, okay?
For the cause.
It's got to go to the cause.
And this is what Scott Besson at Treasury knows.
And Margaret Brennan ought to know.
The president told you, though, this week to look into Somalis who, quote, ripped off that state for billions of dollars.
He said they contribute nothing.
What exactly are you investigating?
Well, Margaret, to be clear, the initial fraud.
Was discovered by the IRS, for which I'm the acting commissioner.
It was discovered by the IRS Criminal Investigations Unit.
This was not an endogenous thing that the state of Minnesota decided we had to go in and clean up the mess for them, and this is part of the continued cleanup.
A lot of money has been transferred from the individuals who committed this fraud, including those who donated to the governor, donated to Representative Omar, and donated to A.G. Ellison.
But they've been transferred to something called MBSs.
And those are.
Mortgage back security?
What do you mean?
Sorry?
Transferred to what?
These are money, the Bureau services, and they are wire transfer organizations that are outside the regulated banking system.
And that money has gone overseas, and we are tracking that both to the Middle East and Somalia to see what the uses of that have been.
Okay.
But you have no evidence of that money being used to.
Fuel terrorism at this point, which is what some conservative rioters are alleging.
That's why it's an investigation.
We started it last week.
We'll see where it goes.
But I can tell you that it's terrible.
Representative Omar tried to downplay it, said, Oh, it was very tough to know how this money should be used.
She was gaslighting the American people.
Well, we'll talk to her.
Yeah.
But when you come to this country, you've got to learn which side of the road to drive on.
You've got to learn to stop at stop signs.
And you've got to learn not to defraud the American people.
Yeah, that would help.
There's just a few basics that we kind of expect.
Timmy Walls said, We need to teach people better.
I don't think we need to teach anyone.
I think maybe we need a more strenuous, aggressive vetting process so that you're not bringing people in that might be criminals.
Hey, how do you like this?
City Journal writing, The largest funder of Al Shabaab is the Minnesota taxpayer.
How some of the state's welfare funds end up in the hands of a terror group.
And it's what I've explained to you before.
And guys, I've done a lot of reporting on this and I've won lots of awards for my reporting on terror financing.
My story took place in Latin America in a lawless no man's land called Ciudad del Este in Paraguay that borders Brazil and Argentina and actually houses the largest, largest group of Middle Easterners outside of, I guess, The Middle East.
Like it's a very large Middle Eastern population.
And they were sending a ton of money back to Hamas and to Hezbollah.
And my investigation brought me very up close with this Hawala network.
And so there's really, you know, even if people aren't directly saying, hey, you know, I'm going to contribute to the cause, the cause is skimming money off the top because anytime you try and move money back home, the cause is getting part of it.
And so there's no way that this didn't happen.
So this is going to be a nightmare.
Of epic proportions for one Ilhan Omar and Timmy Waltz and Keith Ellison and all of the people that are involved in this.
The Somali fraud rings, they write, have sent huge sums in remittances or money transfers.
And you heard Scott Besant just talking about that from Minnesota to Somalia.
According to reports, an estimated 40% of households in Somalia get remittances from abroad.
In 2023 alone, the Somalis sent back $1.7 billion more than the Somali government's budget for the entire year.
And the investigation that City Journal did.
Was looking at what I tell you, the Hawalas, informal clan based money traders that have wound up in the coffers of Al Shabaab.
Remittance Market Trends00:06:53
So, any which way you slice it, that stuff's coming out.
And I realize, I realize, you know, Margaret Brennan, and she should know better because I think she was a Middle Eastern scholar and speaks Arabic.
She, of all people, should know that this stuff exists.
But again, the mainstream media doesn't want to admit any of it.
And there's no way that you're sending money back to the Middle East through remittances unless someone's taking something off the top that's just part of the system.
And it makes it hard to track.
So it's going to be a lot of work for the Treasury Department.
But like Scott said, look, we just got started.
This is a big deal because even if Pam Bondi fails, you know, we'll leave that for another day.
If you really want to see a rant, see my Christmas Eve special on why Pam Bondi has got to go because we're sitting here and it's like nothing's happened, nothing's happened.
But with Scott Besant, I can promise you this stuff is going to happen.
And he's going to get the goods and he's going to find out where all this money went.
And I said before, it's not easy.
It's hard to track, but they're going to be able to do it.
And they will.
And that's how they're going to get all of them.
So watch for that.
It's going to be exciting when they all go down.
Not exciting, it's actually shameful.
But I think it's a relief for a lot of people that want to see some kind of closure here.
As we heard earlier in the show with Scott Jennings saying on CNN, something's got to give, right?
Somebody's going to have to go to jail.
You're going to have to have a public official that presided over this and look the other way, paying the price in some way, shape, or form.
So, who's that going to be?
Is it Timmy?
Is it Ilhan?
Is it Keith Ellison?
Who is it?
All of the above.
Let me know what you think.
Wow, we had a pretty good day in the market.
Actually, I think the Nasdaq wound up closing down the day just about flat, but the SP was up a little bit, two tenths of a percent, and the Dow, what do you know, up nearly seven tenths of a percent.
There's a lot of optimism out there about the economy.
A lot of optimism about what's ahead in 2026.
I share that optimism.
Did you see gold?
Gold's up 67% this year.
That's amazing.
On the heels of being up like 28% the year before.
And I actually think, while a lot of upside is already there and you want to be cautious, I always stress caution.
If you're a long term investor, I still like gold.
And Rob still likes gold over at 76 Research.
So we just put out a note about an hour and a half ago on gold and why we think that this is still an opportunity.
For people, and it has to do with sort of some structural stuff that's going on.
Central banks are like, oh, you know, I want to have my gold.
And so that trend is expected to continue, even in the face of all this technology and all this AI and all these other great things in crypto.
And I've always said that crypto and gold are two totally different things.
And I maintain that because one is really speculative and gold is to a certain extent speculative.
However, look, it's been around for thousands of years, right?
And so everybody's always like, you know, do they perform the same?
The answer is no, they don't.
And they probably never will.
But here's what I want you to know there are some good things going on.
2.7% inflation.
You can't argue with that.
All right.
We got a 4.6% read on unemployment.
I realize it went up.
That often happens as the economy starts to get a little bit better.
The other thing that's really important in that unemployment report that we saw is you've got to remember we're adding a ton of private sector jobs.
We're getting rid of the government stuff.
So we're getting rid of the bloat.
I mean, you know, all those Somali daycare owners, you know, they're hurting.
They're looking for a job, right?
I think that this is actually a really good trend.
Because I want to see private sector jobs as opposed to big government jobs.
So it's another thing that I think bodes well for the future and for our economy.
We've got a great GDP report out.
We've got tariff revenue that's coming in, and everybody thought this was going to be the end of the world.
Turns out, what do you know?
It's not.
So I am expecting more good things for the economy in 2026.
My colleague at 76 Research, Rob Horton, is expecting that as well.
I want you to go over there and check it out.
Just use my code, code word dollar, D O L L A R. Go to 76research.com, sign up at least for the 76 report, because you'll get a wealth of ideas there on the things that you might want to consider investing in.
The other thing you can look at while you're there are our model portfolios, because that's really where the action is.
And we've picked about 10 to 15 stocks in each one of these.
So you can look at these portfolios if you subscribe to the portfolios.
We don't manage your money, that's all on you, but we are pretty consistent in our stock picks, and we want you to have that research and that opportunity.
I created this really because I'm so frustrated with.
Wall Street and the financial media.
And I think that there's a better way to do this and a more sort of honest and straightforward approach to it.
So this is just a subscription model.
And again, it's a dollar a month.
If you get the 76 report, it's $9.95 after the first two months.
You can cancel any time and get your money back.
So it's well worth doing.
Again, the model portfolios are a good way to go.
We have three of them there for you.
And if you get all three, you actually get a special discount.
So go check it out when you can.
I do think it's going to be a good year.
I really have a good feeling.
I mean, it's not just.
Feeling.
I mean, you look at all the economic numbers that we've seen thus far, and I realize the mainstream media wants to just, you know, just hit them over the head every single day.
But if you listen to the mainstream media, guess what?
You wouldn't have made any money this year because the market went up.
It was a great year again in the market.
But if you read the Wall Street Journal, for goodness sakes, they should know better.
Usually, financial journalists know better, but they all hate the president so much that they can't see straight, right?
Even the financial media has this bad habit of just harping on them with their TDS.
And I think it's a disservice to investors.
So let's try and see things.
Clearly, right?
We see clearly over at 76 Research and here on the Trish Regan Show.
And when you see clearly, you see those investment opportunities.
So please go over there.
Listen, inflation is going down.
We're adding more private sector jobs.
GDP is looking great.
We've got lots of good things ahead, not to mention all the technological innovation that's coming our way.
So I like it.
Go to 76Research.com, use code word dollar.
I just want to say, listen, happy 2026.
It is So exciting, all that I think is on the horizon.
And I love that you guys are here.
And I appreciate everything that you do to make this channel a success.
If you can, do me a favor try to get the Spotify as well.
It's totally free.
I've included the links right there.
So you can go check that out.
I might be able to put it in our chat as well.
And think about becoming a team member here.
You can help support the Trish Regan show, like Bounce of Nature, right?
And be one of our little mini sponsors by going over and clicking on that team member.
Right there.
But let me put this into the chat if I can.
You know, it's always tricky to try and do two things at once, but you know, hey, why not?
So check out Spotify.
There is the link.
I appreciate it, guys.
Weekend Sponsorship Updates00:00:47
And we've got more to talk about.
I will be back with you later on Monday afternoon, assuming my flight is not delayed, assuming all goes well and I get back to my studio on time.
I will be with you on Monday, for sure on Tuesday.
If you hit the bell, you'll know exactly when I'm live.