Morning Wire - Wall Street’s Rollercoaster Ride & Trump’s Title IX Task Force | Afternoon Update | 4.7.25

Episode Date: April 7, 2025

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. Learn more about your ad choices. Visit podcastchoices.com/adchoices

This episode is brought to you by Vanta. Businesses use Vanta to establish trust by automating compliance for in-demand frameworks like SOC2, ISO-27-001, HIPAA, and more. For limited time, listeners can get $1,000 off Vanta at Vanta.com slash morningwire. Again, that's V-A-N-T-A.com slash morning wire for $1,000 off. Wall Street's Wild Ride continues. A Title IX task force zeroes in on schools allowing men in women's sports, and the 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. Stocks took a roller coaster ride today as Wall Street reacted to President Trump's latest tariff push. Daily Wire's senior editor, Cabot Phillips, says more. The Dow fell another 1,300 points when the market's open 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 a thousand points, while the S&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 zero-for-zero-zero trade deal with the U.S. after President Trump imposed steep tariffs on European imports. EU Commission President Ursula Lvondralian 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 that they do not back down on their 34% rate against U.S. goods. 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 two leaders will hold joint press conferences this afternoon. Netanyahu hopes to reach an agreement. agreement with Trump regarding the duties they're currently forced to pay. Here's 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. The two also spoke about regional security, including concerns over Turkey's growth. growing role in Syria and future plans for Gaza. 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 follows Secretary of State Marco Rubio's announcement that 300 foreign students would be removed for sparking unrest. Several schools claim the move has left students in limbo. with limited explanation from federal officials. 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 Olahan has the latest. 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. America is back and it's time to stand with a bank that shares your values. That's Old Glory Bank. They support hardworking 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 at oldglorybank.com slash 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. 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. 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 discharge their firearms, firing seven total rounds between them and striking the subject ending the threat. 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 in 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. And Trump hosts the L.A. 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. 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 Auburn 79 to 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 to 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 Otani, for becoming the first major leaguer to hit 50 home runs and steal 50 bases in a single season. All year the Dodgers faced down adversity. You entered the playoffs battered and bruised, but not broken. 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.