Morning Wire XX
[0] New York Attorney General Letitia James announced civil charges against former President Trump on Wednesday.
[1] The pattern of fraud and deception that was used by Mr. Trump and the Trump Organization for their own financial benefit is astounding.
[2] What is the AG alleging?
[3] And how is the Trump camp responding?
[4] I'm Georgia Howe with Daily Wire Editor -in -Chief John Bickley.
[5] It's Thursday, September 22nd.
[6] And this is Morning Wire.
[7] Minneapolis neighborhoods are funding their own private security amid a severe shortage of police.
[8] How is the trend affecting residents and businesses?
[9] And Virginia proposes new parental rights policies for its public schools, including requiring students to use the bathroom corresponding with their sex.
[10] We break down the new rules and why activists are pushing back.
[11] Thanks for waking up with Morning Wire.
[12] Stay tuned.
[13] We have the news you need to know.
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[18] On Wednesday, New York State Attorney General Letitia James filed a $250 million civil lawsuit against Donald Trump, his adult children, and the Trump Organization over alleged fraud in the former First Families' real estate business.
[19] The announcement comes amid several ongoing investigations against Trump and his businesses.
[20] James had run for office promising to go after Trump.
[21] Here to discuss is columnist David Marcus.
[22] So, David, can you break down the details of this new lawsuit?
[23] Hey, good morning, sure.
[24] The allegation is that Trump inflated his net worth and the value of his properties in order to secure loans and reduce his tax liability.
[25] Now, this is a civil action.
[26] Notably, Attorney General James did not bring criminal charges, but did refer the case to the Department of Justice.
[27] The case itself and similar allegations have hung over Trump for years, but in reality are not necessarily uncommon for people involved in the New York real estate industry.
[28] Mr. Trump and the Trump Organization repeatedly and persistently manipulated the value of assets to induce banks, to lend money to the Trump organization on more favorable terms than would otherwise have been available to the company.
[29] Okay, so she's accusing him of inflating the value of his properties.
[30] What is James asking for here?
[31] I mean, it's a pretty extensive complaint, 222 pages, and it seeks to permanently bar the former president and his children from serving as any officer for any entity registered in New York, and to bar them from any real estate deal in New York for five years.
[32] She's also asking for $250 million in penalties for what she says the city is owed due to these fraudulent practices.
[33] Trump was deposed for this case, and he invoked the Fifth Amendment over 400 times, which, again, isn't necessarily uncommon given the charges.
[34] Now, Republicans, perhaps not surprisingly, are accusing James of political gamesmanship here.
[35] They're accusing her of trying to turn her race against Republican challenger Michael Henry into a referendum on Trump.
[36] Do they have a point?
[37] I mean, I think so.
[38] James campaigned promising to go after Trump.
[39] and she has.
[40] There's nothing subtle about this.
[41] She's made war on Trump.
[42] But, you know, there's a risk.
[43] New Yorkers are very worried about crime, not just in cities, but everywhere.
[44] If the top law enforcement official in the state is focused on Trump like Ahab on the whale, I think what's being done about street crime?
[45] Now, Democrats would argue that regardless of other problems facing the state, they would say that no one should be above the law.
[46] We often hear that phrase.
[47] Yeah, that's right.
[48] But this is normally the kind of thing that runs its course without much press.
[49] But if it's Trump, it's news, and James knows it.
[50] Now, Trump himself has called this a witch hunt and other family members and supporters are kind of saying the same.
[51] Do you think this is going to become a rallying call for Trump?
[52] It might be.
[53] Trump sees himself as a victim of the deep state and career politicians like James.
[54] So yes, he's likely to use this.
[55] And this is a danger for Democrats.
[56] It's been years and years of investigations of Trump with no convictions.
[57] At a certain point, voters might start objecting to this.
[58] That's certainly Trump's hope.
[59] All right.
[60] Well, David, thanks so much for joining us today.
[61] Thanks for having me. That was Daily Wire contributor, David Marcus.
[62] Coming up, Minneapolis residents turned to private security amid the city's policing crisis.
[63] Hey there, producer Colton here.
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[68] Minneapolis is changing the way it does security after a wave of resignations and retirements gutted the city's police department.
[69] Private security is on the rise as locals and businesses try to stave off a crime wave that has pummeled the city for the past two years.
[70] joining us to discuss the state of Minneapolis law enforcement and how the community is coping is Daily Wire reporter Tim Pierce.
[71] So Tim, can you fill us in on what's happened in the Minneapolis Police Department?
[72] Hey, John.
[73] Many major police forces have bled members since May of 2020, such as in Philadelphia, Los Angeles, and Seattle.
[74] But Minneapolis's has fared worse than most.
[75] MPD has lost roughly 300 members since George Floyd's death kicked off a wave of anti -police sentiment and a movement to defund law enforcement.
[76] The city's police force is over 100 men short of its mandatory minimum staffing requirement of 731 officers.
[77] Recent data show that Minneapolis has just over 600 officers.
[78] So significantly understaffed.
[79] How severe is the crime problem in the city right now?
[80] Well, Minnesota released a report last month, showing that violent crime in the Twin Cities area surged 24 % last year.
[81] And police response times are getting longer.
[82] In the first half of 2021, the average response time grew 36 % from 11 minutes to 15 minutes.
[83] Back in May, U .S. District Attorney Andrew Lugar pulled together the ATF and FBI to announce a federal strategy to target violent crime and carjackings to tamp down crime in the Twin Cities.
[84] Here's some of what he said.
[85] In 2022, the right to participate in the life of our community in safety is being eroded.
[86] We cannot allow this plague of violence to continue.
[87] Now, we've also seen reports that communities are taking steps to prevent crime themselves.
[88] What kinds of strategies are they using?
[89] It varies community by community.
[90] The Minneapolis area has turned into a patchwork of public safety programs and security funds with wealthier neighborhoods paying for private security.
[91] For example, a group in Minneapolis's Lowry Hill neighborhood is asking residents to pay $220 a month for six months into a fund to hire off -duty cops to patrol the neighborhood.
[92] The Cedar Riverside neighborhood is using a $400 ,000 city grant to take part in a pilot program to station violence interrupters around the community.
[93] Violence interruptors.
[94] What exactly is their role?
[95] The violence interrupters are basically regular citizens who are supposed to deter crime just by being present.
[96] They're typically not trained or armed, so they can't really do much to stop it if it's in progress.
[97] At a community meeting with police earlier this month, Cedar Riverside residents complained that drug dealers and users continue to conduct their business openly in the streets.
[98] Residents said that the police take so long to arrive that the criminals are always gone by the time officers get there.
[99] Private security guards make up the vast majority of security personnel in downtown Minneapolis, outnumbering police officers 13 to 1.
[100] 13 to 1.
[101] Well, yeah, it's pretty significant.
[102] But despite the proliferation of private security, they can't really replace the need for police.
[103] Businesses hire them as a deterrent, but they don't actually intervene to stop crimes in progress unless the business's employees are in actual danger.
[104] They generally won't even intervene to stop theft.
[105] So it's not really a long -term solution?
[106] No, more of a stopgap.
[107] Tim, thanks for reporting.
[108] Thanks for having me. That was DailyWires, Tim Pierce.
[109] Virginia is the latest state to implement new education policies that address how public schools and teachers should treat the issue of transgenderism in the classroom.
[110] Republican Governor Glenn Yonkin's office says the new policies are intended to emphasize parents' rights and will replace previous state guidelines enacted by Democrats in the legislature.
[111] Daily Wire Culture reporter Megan Basham is here now to tell us what these new policies entail and why they're receiving some pushback.
[112] So, Megan, what do Yonkin's new guidelines require from schools?
[113] Hey, Georgia.
[114] So one, participation in team sports and sports.
[115] school activities will have to correspond to biological sex.
[116] So will use of facilities like bathrooms or locker rooms, though the guidelines do allow for modifications required under federal law.
[117] For example, it does require single user bathrooms and facilities to be made available for those students who say they're transgendered.
[118] Now, the policies also require teachers and school staff to refer to any student under the age of 18 by the names and pronouns in their official records.
[119] unless that is a parent has given permission for the school to use something else.
[120] And that goes to parental notification in general.
[121] So Virginia schools will now not be allowed to keep a student's desire to go by other pronouns or names or to be referred to by another gender confidential from their parents.
[122] And parents must be given an opportunity to object before the school offers a child counseling service that pertains to their gender.
[123] And how are these new rules different from what was in place before?
[124] Well, they're actually pretty dramatically different.
[125] Under Democratic Governor Ralph Northam, Virginia's education guidelines said schools should let students use names and gender pronouns that reflect their gender identity without, quote, any substantiating evidence.
[126] They also said students could participate in programming and access facilities in a manner consistent with their gender identity.
[127] And they urge schools to weigh sharing information about students' gender identity with parents on a case by case basis.
[128] Now, the new guidelines do say schools should attempt to accommodate students with distinctive needs.
[129] Now, that said, these new policies are subject to a 30 -day public comment period, and that will start later this month.
[130] Now, what is Glenn Yonkin saying about the new rules?
[131] Essentially, he's arguing that this is a question of parental rights.
[132] Similar to that reasoning we saw behind a Florida bill that prevented public school teachers from discussing sexuality and gender with very young students, his office says that this delivers on a promise he campaigned on.
[133] And that promise was to empower moms and dads to be the final decision makers over their children's education.
[134] This was Youngkin talking about that at a press conference.
[135] When circumstances present themselves and there is a child who is in fact considering this kind of issue that parents should be notified and engaged.
[136] And I think that's just the best thing for children of Virginia.
[137] Now, we saw in Florida that parental rights legislation became a real political lightning rod.
[138] Is Yon seeing similar pushback?
[139] Yes, he definitely is.
[140] The ACLU of Virginia commented on Twitter, and I'll just quote here, we are appalled by the Yonken administration's overhaul of key protections for transgender students in public schools.
[141] LGBTQ plus students already experienced much higher self -harm and suicide rates because of the discrimination they face.
[142] this will only make matters worse.
[143] And then Democrat state senator Gazala Hashmi told ABC affiliate WJLA that sometimes students need to reach out to teachers or school staff because their parents aren't supportive.
[144] The reality is that many of our LGBTQ children are most vulnerable in their home.
[145] Not all parents are going to be supportive and nurturing and understanding of their children.
[146] And that was really the tenor of most of the criticism, that parents can't always be trusted to have the best interests of an LGBTQ child at heart.
[147] So school staff may need to keep this kind of information from them.
[148] Well, it's fascinating to see how schools are becoming such a battleground on a number of issues.
[149] Megan, thanks for reporting.
[150] Yep, anytime.
[151] That was Daily Wire Culture reporter, Megan Basham.
[152] Another story we're tracking this week.
[153] Jerome Powell and the Federal Reserve raised the Fed funds rate by an expected 75 basis points.
[154] What was not expected were comments from Powell saying the terminal rate target is now more than 4%.
[155] That news caused a massive stock market sell -off.
[156] Morningwire spoke to Kenny Polkari, founder and CEO of Case Capital Advisors.
[157] The fact that he raised the terminal rate to 4 .6 % suggests that now the Fed is much more concerned that inflation is not going to necessarily respond as quickly as they thought, and it's going to be a longer fight, which means that we should be prepared for tougher times ahead.
[158] Remember, earning season starts in two weeks, and a lot of these companies are now going to be faced with these very difficult decisions, and they're going to talk about restructuring.
[159] Restructuring in this case means layoffs.
[160] So expect more to come, and then expect the appointed rate to go from 3 .7 % where it is right now, to probably approaching 5 % before this is over.
[161] Thanks for listening to Morning Wire.
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