The Trish Regan Show - Letitia James BUSTED as Money Laundering Allegations Hit Hard! $9.6 BILLION Laundered for Iran

Episode Date: July 30, 2025

BREAKING: Letitia James ROCKED by $9.6 Billion Iran Money Laundering Scandal?!New York AG Letitia James is under fire as explosive allegations surface accusing her office of allowing Iran to launder billions through the Empire State. Was it intentional—or just gross negligence while she chased Trump?PLUS:🔹 James files her 30th lawsuit against President Trump—this time over SNAP benefits for illegal immigrants.🔹 Trish exposes the stalled appellate court case that’s racking up interest on Trump’s $500M bond. Who’s holding it up—and why?🔹 And, the Left melts down over Sydney Sweeney’s American Eagle ad? Doja Cat joins the chaos. But is this just jealousy...or a culture shift?Join Trish for all the breaking news, insider analysis, and fiery truth the mainstream won’t touch.Subscribe for real, independent journalism.✅ JOIN the Team for exclusive content and perks:▶️ https://www.youtube.com/channel/UCBlMo25WDUKJNQ7G8sAk4Zw/join📈 For financial insights, subscribe to The 76 Report:▶️ https://76research.com — Use CODE: DOLLAR for a special offer.Today’s Sponsors:🟢 Balance of Nature – 35% off + FREE shipping with code TRISH▶️ https://balanceofnature.com or call 1-800-246-8751Sign up for the Gemini Credit Card: gemini.com/trish 🟢▶️https://gemini.com/TrishThis video ad is sponsored in part by Gemini. All opinions expressed by the content creator are their own and not influenced or endorsed by Gemini. The Gemini Credit Card is issued by WebBank. See Rates & Fees: https://www.gemini.com/legal/cardholder-agreementSome exclusions apply to instant rewards in which rewards are deposited when the transaction posts. All qualifying purchases under the 4% back category earn 4% back on up to $300 in spend per month (then 1% thereafter in that month). Spend cycle will refresh on the 1st of each calendar month. See Rewards Program Terms: https://www.gemini.com/legal/credit-card-rewards-agreement You must spend $3,000 in the first 90 days to qualify for the intro crypto bonus. Cryptocurrency is highly volatile and may result in gains or losses. This information is for general informational purposes only and does not constitute investment advice. Past performance is not indicative of future results. Learn more about your ad choices. Visit megaphone.fm/adchoices

And we're live. And I want to make sure everything is up and running because this is a very, very important show. It looks like we are good. You can hear me. We've gotten the word out. Latisha James is getting really nervous right about now because things are kind of piling up for this woman. I would just argue that she may have been asleep at the switch for a little bit too long. And as a result of that, some things happen that never should have happened, including perhaps $9.6 billion dollars getting laundered through the state of New York, through a bank that was headquartered in New York, at least had New York headquarters, British Bank actually. And Letitia just kind of looked the other way.

I mean, that's kind of unbelievable, right? But this is what happens, you see. Ladies and gentlemen, when you have someone like Latisha James not doing her job, these money laundering allegations, they're pretty serious. I mean, you coupled that together with the mortgage fraud allegations and, well, you get a recipe for a bit of a disaster. Do you not? And by the way, where the heck is that lawsuit, you know, the $500 million judgment that she secured against one President Trump?

Why hasn't that been tossed out of court yet, especially given all that we know about what the judges have said, et cetera, et cetera, et cetera. I mean, that thing wasn't going to see the light of day. And yet somehow it's still held up in court. You know, these things typically take 30 days, but it's been over 300. So what do you think that's about? I guarantee you politics, politics, politics, politics, Kathy Hochel at work. the White House has said that she admitted as much. It would not surprise me.

Good to have you on the show, everyone. I am Trish Regan. This is the Trish Regan show. Make sure you subscribe, like, share all that good stuff. I just get to say, I mean, come on, Letitia, what the heck is going on? We're talking about a huge financial scam that she may allegedly be in the center of because she didn't care. She didn't care.

So the story first coming to light, thanks to our friends over at Gateway Pundit, who first did some of the reporting on this. showing that she was being implicated in this, the standard charter bank sanctions, evasion case. It's now in the court, in the U.S. Second Circuit. And what did they find? But $9.6 billion. $9.6 billion. Wow. That may have been going from China through New York and into Iran.

I mean, this is crazy, right? Because what is she supposed to do? she's supposed to make sure that this kind of stuff doesn't happen. Like that's actually something that falls under her jurisdiction. Don't forget, like the way the oil market is constructed is that it's effectively like the petro dollar market and you have to actually pay for things in dollars. Like even when you're trying to obscure stuff and you're changing flags on some of the ships that we've seen, we've seen that one happen.

That's a whole other scandal that we're going to talk about. That's going on all around the world. But when you're trying to evade sanctions, you know, you still, when you're buying oil, need to pay for the oil in dollars. And so Iran, they need those dollars. China was sending money, allegedly, according to this case, to Iran through New York. And there's like $9.6 billion that was getting sent. You're like, how can this happen?

I mean, these were Biden sanctions, after all. It was President. Biden who put this in place. And somehow, Leticia James just allows it to occur. No, I'm not saying that she was skimming anything off the top. One would certainly hope not. One would certainly hope that no one on her team was doing anything funny, right? But if nothing else, the woman was likely highly distracted because, you know, she's got one thing on her mind and one thing only, and that is go get Trump.

Period. End of story. You know the drill. I mean, she's like hyperventilating every time she talks. It's craziness to happen, but you elected me to stand up. You elected me to use the law. You elected me to go to court. You elected me to continue to challenge this administration. You elected me to stand up for the least of God's children.

You elected me to continue fighting on. You know, here's the thing. We actually elected you to make sure that kind of basic stuff, basic, basic stuff, like, you know, money laundering between China and Iran doesn't actually happen. again, it comes under her jurisdiction. You might say, why is this New York? Well, because, you know, basically, in order to have that amount of money and get transferred into petrol dollars, into dollars, if you would, it's got to come through New York. So at some point, it stops in New York, which is why New York actually has the financial presence it has, and why Letitia James,

in many ways, believe it or not, has the power she has. But she actually was too busy going after Trump that she never was doing her job. And hence now we're looking at standard chartered banks saying of Asian case now in the U.S. Second Court, finding $9.6 billion of illegal payments made it to Iran and other illicit players. And so Iran and China are basically circumventing the sanctions via a bank that had a reputation for this. And Letitia James doesn't even bat an eye. Come on. Well, Carrie Lake, you know, Carrie Lake, she's not too happy about this. She noticed this one, too. Nobody's talking about it. I'm like, this is kind of a big deal, guys, kind of a big deal. Carrie Lake, out with a statement. Don't forget, she's U.S. Agency for

global media saying this is a serious issue. President Trump trying to undo the damage caused by Biden and Obama with their destructive policies towards Israel and America, as well as the people of Iran, has put forth a maximum pressure, zero tolerance, blocking any funding to Iran and its terror network. And now a British bank who operates in the U.S. is accused of processing billions of illicit payments to Iran. And the New York Attorney General's office, led by Tish James, knew about it and did nothing. Now, how do we know that she knew about it? According to Gateway Pundit, there were two meetings, you guys, two meetings. She didn't do anything to stop them, Carrie says. The question is, was it simply, was it simply ineptitude on the part of Letitia James and the Federal Reserve?

Because, by the way, the Federal Reserve kind of screwed up on this one, too. Wow. Wow. Okay, so, you know, you've got Swift dropping the ball. You've got the Fed dropping the ball. You got Latisha James, clearly dropping the ball, as to be expected. And they're working with a bank here. Let's point out that Standard Chartered Bank's history has not exactly been the most stellar, okay? Like, not exactly stellar. This is a company who was charged in 2019 and fined, wow, guys, $1.1 billion. You got a fine of a billion dollars. You know, Trump is wrestling with Harvard right now, and they're only talking about $500 million. This bank, standard chartered out of the UK, which operates in the U.S., got fined $1.1.1. So it kind of had a history that was a little bit

sketchy. For what? Oh, exact same thing. Money laundering, sanctions breaches, transactions involving Iran when it should have been not transacting with Iran. And then in 2012, they had another biggie in $340 million to settle claims of laundering $250 billion for Iranian clients. I mean, wow, if I'm standard chartered, I want a new head of compliance. Oops, it seems like the person who is in charge of some of that actually wound up at Swift. They're in charge of actually making sure, along with Latisha James and along with along with the Federal Reserve of making sure things like this don't happen.

And so I think the timing is a little, is a little, I'm not blaming the Swift lady because I think she wasn't actually there at Standard Charter when all that went down. But I'm just saying, like, someone's not doing their job, okay? You guys put sanctions in place. Trump actually prefers tariffs to sanctions, but you put the sanctions in place, and then nobody actually does anything about it. The court filings are seeking now to retrieve some of these evidence payments that may have gone towards us, some pretty bad actors, shall we say, with standard charters, Iran Transaction Division. How can this happen? How does it happen? Well, it happens because what? You got Leticia James there in charge of Sleep at the Switch. Allegedly they told her twice. There were thousands of emails that they sent to her and her team. And apparently, nobody did anything. You have the Financial Times reporting on it.

In fact, they've talked to some of these executives that worked at Standard Charter, and they say it was a colossal fraud on the court. They failed to, in one case, provide any kind of substantive evidence to help authorities enforcement actions against the bank for violating U.S. and international sanctions. And yet, you know, you're talking about a lot of money. It's $9.6. Like, how does $9.6 billion go through a New York bank. again, a British bank, but with an operation in New York, and make its way to Iran. I mean, it's coming from China and it's going to Iran. It's coming through New York.

And Letitia doesn't care? I find that peculiar, okay, just to say the least. I mean, I know she's kind of inept and not very smart and all that, but, you know, apparently, per the Gateway Pundit, forgive me, I'm pulling a Marco Rubio here with my water. She was briefed on this issue. She and her team back in early 2024. whistleblowers and sanctioned financing experts. And allegedly, she was told all about this. And what did she do? She renewed the license, if you would, the license for this particular bank, even while she knew

they were being accused of this stuff. And I just think it's concerning. I mean, how does this woman have a job? She's completely incompetent. Again, if you go to the Gateway, Jim Hoff wrote this at Gaveway Pundna in early 2024. New York AG was briefed, but did nothing other than reapprove Standard Charter Bank's annual license. Huh. So again, I'm not suggesting that there was any money changing hands. We wouldn't want to libel her in any way, right?

But I am saying that this is quite, quite suspicious. And if nothing else, speaks to the incompetence of this woman. You know, she has all the time and all the energy in the world, to go after Donald Trump for something that, frankly, she never should have gone after him for. And, you know, you're going to get my Irish up in more ways than one. It can really surface when I'm in Ireland. Yeah, that was just so utterly bizarre. And yet she was working so hard on that and doing her little press tour on all of that.

And now she's going after the administration once again trying to say that illegals should get SNAP benefits. And how dare the administration ask for any kind of accountability. of any illegals that may be getting those benefits. I mean, this is what she's spending her time on, and yet the important stuff, and this is important. I mean, if you're going to sanction someone, okay, you got to actually sanction them. She's not doing that work. So ask yourself why. Ask yourself why. Again, going back to the article, they're actually pointing out that she was briefed on this multiple times. They brought in some whistleblowers. They brought in to our financing experts. They brought in everybody to talk to her in both February and March of 2024 about the $9.6 billion and illegal payments, and yet nothing happened.

And instead, they actually renewed the license of the bank so it continue operating and I guess continue doing all this money laundering. And that's wild. That's absolutely wild. And there's also some concern about some of the members of her team and some of their affiliations, shall we say. but I would just say it's concerning that you have somebody who's in charge of this who's not willing to do the job. She's either lazy. She's either, dare we say, on the take, and I'd hate to think that, or she's simply incompetent, or, you know, she just doesn't care because there are bigger fish to fry, shall we say, oh yeah, really big fish to fry, because she's got to go after the big guy, right? That's what this is all about. Go in after the big guy, and we're going to get to all that is going on in terms of pursuing on behalf of the migrants getting SNAP benefits.

We're going to get into where that case now stands in court because it's concerning to me. But before I do that, before I do that, I actually want to turn to one of our new sponsors here on the show that we're so proud to have our friends over at Gemini. You know that I am a big crypto fan, and you know that crypto is, of course, very volatile. and this is one of the reasons why I actually like this particular thing I'm going to tell you about. I also like to travel. And I was recently trying to book a trip and I was looking at using some miles. And I'm like, are you kidding me?

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go look at the fine print, go look at this today, Gemini.com forward slash Trish. You know we love our sponsors on this show, right? A lot more to get into here today as we consider what's going on here with one Letitia James. She is suing, as I mentioned, on behalf of illegals that may be collecting SNAP benefits because she does not want the federal government and Donald Trump knowing. No, no, no, no. You're not allowed to know. It's all happening, of course, as she ignored those sanction concerns. I mean, unbelievable. They had sanctions against Iran, but apparently, you know, it doesn't matter to Leticia James, so Iran and China can do whatever they want. Well, apparently illegals can collect SNAP benefits and there's no accountability. If anything,

the accountability is the other way, right? Latisha is out saying, we demand that they stop asking for any kind of identification on the people that are getting the SNAP benefits. Here she is, speaking on the issue. Oh, this is, this is priceless. And the GOP is like, for goodness sakes this woman. She cares about one group, and it's not actually the New Yorkers that she's supposed to represent. Watch. Today, Attorney General Bonta, Attorney General Dana Nessel, and I are co-leading a coalition of our fellow Democratic attorneys general in suing this administration to protect SNAP and the sensitive personal information of all of its recipients. The federal government's demand that states turn over SNAP recipients data is flat out illegal.

In fact, our laws prohibit us from disclosing this SNAP data unless it is strictly necessary for administering the program. And in this case, it is not. This latest action from this administration is nothing more than attempt to sow fear and to cause chaos amongst vulnerable populations. And we are suing to uphold the rule of law to protect the sensitive personal information of everyone who receive SNAP benefits and ensure that this administration does not use critical and necessary food assistance to target immigrant communities. I too want to thank my team. You want to thank your team, your lovely team, right, who is ignoring all the sanction issues. Letitia James, everyone, making sure that. that you know she's fighting hard for everyone who may be illegally collecting

SNAP benefits. I don't know how you play this. Democrats are like, why is it that no one likes us right now? Why are we in so much trouble? Why do we actually have to have Eric Swallow doing workout videos in order to get any attention? And he's still not getting attention? Really. So why are we polling so badly? Why does no one like us? Well, I mean, I'm sorry, but like again, your politicians aren't really standing up for the people that they're supposed to be standing up for. Letitia, great case in point. So this has become a big issue with her hometown paper. I mean, the New York Post taking straight aim at her. Tish, Tish, Tishy, James, wages snap lawfare to protect illegal immigrants. This is an editorial by the New York Post editorial board. Okay, they are all over this. They don't like this. They're like, what is she doing?

trying to secure benefits for illegals at the cost of everyday New York, and frankly, taxpayers all over the country. I mean, this is a problem. I mean, they point out that snap fraud is somewhere around $10 billion a year and rising. Of course, it's rising under the circumstances. Thank you, Joe Biden. And Team Trump wants to crack down on this. So they're saying, hey, we want to know who's actually getting these benefits. We want a record of it.

This is a lot of money to be handing out. And yet Attorney General Tis James is suing the Trump administration. doing again. Like, that's all she has time to do. She can't possibly, possibly make sure that there's no money laundering in New York between China and Iran because she's too busy suing the Trump administration. One after another. This is the 30th. Okay, guys, the 30th. 30th lawsuit since he's gotten there. She's aiming for 100 this year. I'm pretty sure. Anyway, so she keeps losing, not to mention, she keeps losing. So here's another one. She's wasting New York taxpayer dollars. She's leading this lawsuit. And it is to do what? It is to make sure that the Trump administration cannot get the names

or information on anybody who is here illegally and collecting SNAP benefits. Because the idea is, you know, you really shouldn't be getting benefits if you're there illegally. And they're trying to cut down on the waste. And they're trying to cut down about, you know, people coming over the border illegally. They're cracking down on that. And this is their prerogative, right? Because it's the federal government. And Tissie, baby, no, doesn't, doesn't want to have anything to do with it. So here's the New York Post. Again, hometown paper there for Tishie, writing anyone illegally. collecting,

SNAP is stealing. States should be lining up to help the feds. You better believe it where appropriate. Because you don't want people illegally collecting the benefits. They need to be deporting these crooks, they write. But James, who only wants to

resist and counter Trump at every turn, right? They write, eager to counter everything. Trump insists the fed's request for SNAP data is simply more. The president its cruel and chaotic immigration agenda and absolutely unacceptable, right? Which they say is a favorite tishism.

They write, surely, the truly chaotic policy was waving in millions of unvetted migrants while springing violent criminal asylum seekers from jail. And, well, you know, the rest is history, right? We've had quite a horrific time, especially in New York, especially in New York, with the violence that has come from some of these people. So look, I would just say this. When you look at ISIS data and they show you that there are nearly 700,000 people in the country

that they know have committed a crime and there's no way to actually find them, don't you think that maybe some of those people might be actually trying to illegally collect SNAP benefits and might it not make a little bit of sense to like dot the eyes and cross the table? tease and cross-reference things. And shouldn't that be the government's prerogative? I mean, if this is taxpayer money after all, not according to DISH. No, no, no, no, no. Because she's

just going to resist, resist, resist. This is all she's about, as we know, right? I won't bore you with the two male, too pale, too stale thing, but this is her the other day, clearly panicking, clearly panicking, because she realizes the walls are closing in. She's got the mortgage fraud allegations piling up. That's a biggie, and those are fresh. Like there's no, you know, that's a fresh one. And she can say whatever she wants, but I'm sorry, she's a lawyer. She should have known better, not to mention the thing from 1989

where she's telling everyone she's somehow on documentation. Her dad's wife, I'm sorry, that's like getting into Ilhan Omar territory, right? Here she is. And you want this to happen, but you elected me to use the law. You elected me to go to court. You elected me to continue to challenge this administration.

You elected me to stand up for the least of God's children. You elected me to continue fighting on. And I will fight on. Fight, fight, fight, fight, fight. Right, gosh, she's sounding a little like that guy we had to hear from MSNBC. Do you remember him? Jonathan Capehart, is he still at MSNBC? Fight, fight, fight, fight, fight.

The Democrats are really getting desperate. Her campaign is on the ropes. You just look at the latest polls. People are like not in sync with her. For goodness sake, she's not doing the job that she was sent there to do. It's more important, right, to go after Donald Trump than to do anything else because they got a fight as Jonathan Capehart. Again, you probably have no idea who he is, but I think he was an MSNBC anchor. And here he is on another network speaking about this very issue.

When you fight, you're going to piss somebody off, excuse me. And so I think, you know, when Donald Trump won in 2016, 2016, I spent the next year talking to all sorts of people trying to understand how did this guy win the presidency, when he ran. He was opposite everything Republicans told me that they wanted in a president. And the number one through line, the through line was he fights. And what Democrats are now demanding of their leaders is they know, I think Democratic Party faithful, they know that their leaders are in the minority, that there's not much that they can do. But you're just going to sit there and just let this happen? need you to stand up and fight, give voice to the fear and the anger and the frustration that's

out there in the country. So you understand. Like, that's exactly the kind of tonality and the tenor of the sort of vibrato, should I say, of the yelling that we heard from Letitia James. In fact, I do think one of her points was, I will fight. I was elected to fight. So she's embracing that kind of rhetoric all while, you know, ignoring the people that are there in the state, in the country. And this is why, when I tell you that the Democrats are struggling and you look at the poll numbers and poor, you know, Reverend Al Sharpton, who just can't get over these new numbers from the Wall Street Journal trying to figure out, you know, what's wrong. It's because, it's not because, you know, they're not, quote-unquote, fighting. It's actually because they're fighting,

because they're just standing in the way saying everything that Donald Trump does is wrong. Even though you look at an economy that's growing right now, 3% GDP growth. not bad. I mean, hey, I'd like more, you'd like more. Trump would like more, but not bad. I mean, the internals of the economy are looking really good. Inflation seems to be coming down. So all of this is a positive sign. And yet, you know, their numbers are in the, you know what. And speaking of polling, a new Wall Street Journal poll shows Democrats getting their lowest approval number among voters in 35 years, with Republicans outperforming them are nearly 20 points. How big of red flags should this be for Democrats a year before the midterms. And what can they do to improve

their perception among votes? I'll tell you. I'll tell you, it's not turning to communism, right, as AOC is trying to encourage everybody to do. And if you listen to that entire soundbite, his guess were like, oh, well, we just need to embrace Mom Dammy or whatever his name is, right? Well, by the way, you look at the latest poll numbers, he's in the lead, 55%. Even if Cuomo and the New York City Mayor Eric Adams were to team up, like he's still leading. So there's a real shot. That guy wins the thing. So then you're going to have a communist running New York. I mean, it was bad enough when you had Comrade de Blasio. And then you're going to get this guy in there who clearly has his issues. And yet AOC loves them all day long, right? I think a lot of people just need to get to

know folks before they issue an endorsement. And I hope that this conversation can be constructive to bringing the party together and rally behind our nominee. Yeah. So they're willing to embrace socialism. They're willing to embrace communism despite the fact that, you know, let's face it. That's not why America is the success it is. And that's never actually where you should be going with any of your ideas. And so consequently, you're going to have real systemic problems in New York if that's, in fact, who you're going to elect. all while Letitia James is looking the other way when they've got real problems, of course, when it comes to actual money laundering that may be going on, and there's no accountability for it.

Nobody seems to care, and that is just so fundamentally wrong, right? But she has made it clear who she's preferring in all of this, shall we say, and when you're ignoring, you're ignoring sanction violations, and you're allowing a bank to continue its operations, while knowing that there's some suspicious activity, all while simultaneously saying, you know what,

hey, we're going to give whatever we need to for anybody who's here illegally. We're going to allow them to secure benefits. And when the federal government doesn't want them here, we're going to double down and we're going to say we're not going to give you any information, thereby allowing the fraud to continue. How is that right, guys?

How is that right? I'll tell you, it's not right. It's not right. Hey, another shout out for one of our sponsors. because, you know, we're so proud to have them here on the show. And, you know, health is like a very, very important thing for me. I try to drink a lot of water. I try to go for walks every day. I'm with my family, visiting family in Ireland right now. And actually, there's a tremendous, tremendous walk that I went on this morning. I'm going to have to send you guys some pictures. Maybe I'll put them up on

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And we've talked about how ridiculous. It absolutely was ridiculous to think that she was going after him for a private transaction. When I say a private transaction, he borrowed money from Deutsche Bank, and he borrowed it based with the collateral of Marlago. And she's trying to say Marlago was only worth like $18 million, whereas he added a much higher valuation. I think he would allege it's at least worth like 25 times. I just look at what properties there in that market have. sold for. So who was Leticia James to decide the value of one Mar-a-Lago? So the whole case was fundamentally flawed, right, from the get-go. That was really, really understood. It was the one case

that really bugged me even more than the others, because, you know, I'm a business reporter by background, and I just really thought this one was out over its skis. Well, here's the thing. Like, you know, we're still waiting. This article is from a couple of weeks ago. Trump's still waiting on ruling for 454 million, which is now over 500 appeal, sparking debate. politics is interfering. You better believe politics is interfering because I'll tell you, this thing should have taken 30 days, okay, 30 days to appeal this.

We saw, I played for you all the sound bites. I'm going to play some of them again because you should know that the judges, they don't agree with this, not in any way, shape, or form. In fact, you know, poor Judith Vale who had to argue the case for Letitia James because at the appellate court,

you actually need smarter lawyers, less political, that maybe, maybe sort of know the law. But anyway, she gets up there, and they're shooting her down before she gets two words out of her mouth. Take a peek. May it please the court, Judith Vail for the New York Attorney General's office. All of the defendants repeatedly violated. Ms. Vail, can you identify any previous case which the Attorney General sued under executive law, 6312, to upset a private business transaction that was between equally sophisticated partners

where the supposed victim had the ability and legal obligation to discover the allegedly misrepresented matters by conducting its own due diligence, where the supposed wrongdoer advised the supposed victim through written disclaimers to conduct its own due diligence and to draw its own conclusions, where the alleged misrepresentation almost entirely concerned inherently subjective valuations of properties and businesses. Yes. And where, and where the victim. never complained about any fraud in the transactional losses from it, because I've gone through the cases which you've cited, and all of them always involved the consumer protection aspect.

It involved protection of the market. And I want to add to his question, and little to no impact on the public marketplace. Boom, right? Okay, boom. So that's kind of all you need to know. There's the headline right there. They don't like the case. They think it's absolutely ridiculous.

But if you don't take my word for it, I mean, this one judge, Judge Friedman, who actually, by the way, is about to retire soon. And some people are speculating that there might be one other judge who kind of runs the show over there and got appointed by Kathy Hokel. And it's said to be a very political animal and may actually be doing this deliberately, holding this up. I mean, it doesn't make any sense. It should take 30 days.

And we're looking at over 300. It really doesn't make any sense. Anyway, this one judge is like, come on, lady. Like, you don't have any other cases like this. This makes no sense, and it really speaks to an attorney general that is way out over her skis with some kind of mission creep here. I want you to see it. You're pointing to Ernst & Young, you're pointing to First American.

Ernst & Young, you're dealing with the collapse of Lehman Brothers. First American, you're dealing with an action board against an appraiser who overvalued properties at the behest of a lender perpetrating a scheme to induce unsophisticated consumers into taking out home loans that they could not afford. It hardly seems that it justifies bringing an action to protect wage ban against President Trump, which is what you have here. I mean, you've got two really sophisticated parties

in which no one lost any money, and that was the point of my initial question. Every case that you cite involved where there was damage to consumers, damage to the marketplace, You've got a scheme to get unsophisticated consumers to take out home loans. You've got to collapse of Lehman Brothers. You don't have anything like that here. Well, first of all, Your Honor, the statute doesn't require that whatsoever for liability.

And the statute is written broadly because the legislature wants the Attorney General to go in and stop fraud and illegality. Counsel, I think you hear underneath all these questions, the question of mission creep, has 6312 morphed into something that it was not meant to do? and that's something you must address because there has to be some limitation on what the Attorney General can do in interfering in these private transactions, as Justice Friedman said, that where people don't claim harm. So what is the limiting principle? Like, that sounds like a group of people that really don't think Letitia James should be bringing that lawsuit, right? Am I hearing that right? I think I'm hearing that right. So what is she doing bringing that lawsuit? Well, I think we know. I mean, it was politics, politics, politics as usual. apparently the reason why it's stuck more than 300 days now in the court of appeals when it should have been decided and thrown out frankly within the first 30 days you know and i've tried to give them the benefit of the doubt have i not guys i think i've been pretty generous i'm like you know maybe the justices are struggling because you know he's the president and they want to make triply sure that they can throw this thing out maybe they want some kind of change to the rules so that a letisha james or a g like letisha james can't do this kind of stuff in the future we've been grasped for answers, right? And the reality is we don't have any. We don't have any, except now maybe we do. Maybe we do. And this is concerning. And I don't care what side of the aisle. You're on super concerning. I'm going to get to what people are suggesting in just a second. But first, once again,

Judge Friedman, who may be retiring soon, sounding really skeptical of all of this. Take a listen. If you look at what the Deutsche Bank witnesses testified to, Hague said that the financial strength of the guarantor affects the pricing in terms of the loan. it affects whether the private wealth management group would be allowed to do this deal at all. Doesn't Mr. Hay? Doesn't Mr. Hay testify that there were 14 factors and this was the least important factor? Well, certainly there are multiple factors that go into the risk assessment, but both for materiality and for disgorgement, the issue is not whether there's only one factor. There's often a lot of factors that are being considered. For materiality, it's whether it's

important to the overall total mix of information. And this was absolutely critical to the overall mix of information, not only because they were looking specifically at what the net worth was in order to decide the terms of the loan. Really? No, I think that actually there's a little something more going on. Because if you look back this particular article, which was in MSNBC, right as this all happened, right, because everybody was watching it in real time. And even the head, They couldn't avoid it. They said, Leticia James is massive Trump civil fraud victory in question after appellate arguments. So we all saw it. And you look at those judges and those judges clearly had absolutely no use for the case. And yet so we're still here waiting. It should have

taken 30 days and now it's over 300. Think about that. Okay. Think about that, you guys. He has been waiting. This article, which was actually written two weeks ago, 293 days. So now you had 14 to that. Okay. We're well in. into territory that we should not be into. And you're talking about a lot of money in this civil fraud judgment that Letitia James decided to pile on with him, even though if you listen to those judges, they think it's all ridiculous. So in September of 2024, guess what? Everybody was like, okay, there's no way this thing is going to last. There's just absolutely no way. And yet, here we are still looking at this. Now, why would that be? Why would that be? Okay, well, the concern now,

and this came out a few months ago and got lightly reported on, we reported on it here, the New York Post reported on it, there were concerns that Kathy Hokel, who's the governor of New York, and was dealing with, you know, this whole fee thing that they're charging in Midtown Manhattan. She didn't, well, she won the fees, and he didn't want the fees, and so there was this whole, like, snafu over all of that. She apparently said to him, and again, this is the White House's accounting of this, and she disputes it, but she said, hey, I control the courts. And so the concern is, is that Kathy Hockel is effectively sitting there controlling the courts, controlling the judges, or at least

controlling one woman in particular. Okay, one woman in particular. And that's the fear. So I'm going to go back to this article for a second, which again is in the New York Post. They're writing that, and I didn't realize this, so this is important, guys, any member of a five-judge panel can place a hold on issuing a decision without having to provide any kind of reason. Wow. Okay, so there's one person that the New York Post is speculating about, and some people have said is very, very beholden to Kathy Hokel. And that one person would be, let me show you. She's actually running the whole shabang.

She is the top justice there. Here we go. This is her friend. And this would be Diane. Let me make sure I get her. Yeah, Renwick. Okay, the woman on the right, maybe it would be her left, who is seen as a likely vote to uphold the verdict.

She was appointed by Kathy Hokel, and Kathy was like all proud of it because she was a first black woman to hold that position. And so the suggestion is that this is what's holding things up because you can have one single judge who says, I'm not going to issue a verdict. And they believe that maybe she is doing this. So White House sources claim that it is Hockel who controls the judges, which she allegedly told President Trump,

and because he was really combative with her on some of that congestion pricing stuff and on energy issues, wind farms, et cetera, that she was threatening to hold things up and that she could do so because she's in tight with one of the justices that she appointed. So that is the concern at this moment. The other concern, I'll just show you here,

this also in the New York Post, in the same article, George Freeman, who you may have heard, they're saying, like, what are you guys doing? What are you guys doing? He's actually a Democrat, and he was appointed by Pataki back in 99, and he's actually going to be leaving the bench

it's expected this year. And so if he leaves the bench, if he's holding the majority, they're saying that perhaps she would try and wait him out, which again is just speaking to such enormous corruption, like it's hard to even fathom such enormous corruption. But hey, you know, it's not like this stuff has not happened before. I think people are getting frustrated, though,

and realistically, like, we deserve answers. We've been waiting here for answers. And, you know, it's stuck in appeal. So this might be another one, I think, for Pam Bondi to really spend some time on and to look at because it should not be taking this long. It just shouldn't be taking this long. And we need some accountability from these judges. I'm sorry, like 300 days. I've been generous. I've been really generous. And I'm tired with it. We deserve answers. He deserves answers. but really for the sake of the country and frankly the sake of new york the guy deserves a few answers um another another story i want to get to you today because this is just sort of amusing to me is have you followed the american peril thing let's see what the stock price is doing right now let me see

if i can get that up for you um american apparel stock price because this company guys this company has actually uh really seen itself take on new relevance shall we say? I mean, new relevance in light of, you know, they kind of were sort of seen as a nothing stock and then what do you know out of the blue? They hire Sydney Sweetney, American Eagle, and suddenly we're looking at a company that surged in value after the news came out on Thursday. So I'm sort of laughing because it's almost like, you know, Sydney and American Eagle, I guess, can just sort of laugh all the way to the bank, right? All the way to the bank on this one. shareholders are suddenly paying attention to this company that nobody paid attention to before.

Nobody cared about. Nobody paid attention to. It's got some challenges. I'm always very wary of meme stocks, of course. So I would caution you on that. But you know, you look at the stock price and what it did say on Thursday. And it's truly kind of amazing, just amazing. So you may know the drill by now, Sidney, Sweeney. This was actually a price earlier. It's come down in today's session. This is in the pre-market, and I saw that one earlier, but I should point out, it's down about 12 cents today at $11.40 a share, a loss of 1%. But, you know, hey, it's way up from where it was before they hired her, I guess, because now it's suddenly getting some attention. I mean, she's getting a lot of attention, too. You know, you could say that this is a marketing campaign

that kind of nailed it, right? Suddenly, a company that no one was talking about anymore is on the front burner and people are talking about American Eagle and hey maybe maybe somebody will go and get the jeans but you know at the same time others are freaking out this has created a major major sort of snafu if you would amongst the woke liberals the woke liberals who somehow see this is something that like I mean I just don't like what's wrong with saying somebody has good jeans it's funny like it's it's a play on jeans right she's she's wearing jeans And didn't Calvin Klein and Brooks Shields do a little thing like this, like way back many years ago in the 70s? And that was actually a little racier, frankly.

You know, this one, I'm sort of surprised that this is where they're taking it. But, you know, simultaneously, this is where they take everything. Is it not? Like, this is absolutely where they take everything. In fact, Doja Cat? Do you know who Doja Cat is? Doja Cat. I think she's jealous.

I mean, I really think Jealous. Doja Cat is like, how did this girl get to be so famous because of this? One of the things that she says in the commercial spot is that she has good jeans. And they're blue jeans. And like somehow that's being interpreted as God knows what. Well, look, here's how it's being interpreted. I won't even do Doja Cat just for a moment. We have this liberal lady who's just absolutely wackadoo over the whole thing.

And here's how she's taking it. So this is the interpretation out there. surprised that a company whose name is literally American Eagle is making fascist propaganda like this. Probably not. But it's still really shocking. Like a blonde-haired, blue-eyed white woman is talking about her good genes. Like, that is Nazi propaganda. Wow. Okay. And a lot of the mainstream media agrees with her. And apparently Doja Cat, I don't know if she agrees with her, but I think she is jealous. I mean, I really think she's like, wait a second, why is this woman getting all this attention?

So she decides to imitate the accent, I guess, of a southerner and her view, a hillbilly, because anybody who doesn't speak like her, which is not admirable, is, well, you judge. I'm curious to hear your view on this one. Doja Cat, ladies and gentlemen. Gens are passed down from parents to offspring, often determining traits like hair color, personality and even eye color. My jeans are blee.

Hmm. Wow. Was that necessary? Like, why does she feel like she has to get in on the action? If anything, she actually just helped, helped Sydney Sweeney. And she helped American Eagle even more. Right, again, they're laughing all the way to the bank

because the stock is suddenly on people's range. The company is suddenly on people's radar. And guess what the product is suddenly on people's radar? Like people are like, oh, maybe I'll go and get these jeans. Because yeah, Cindy's get good jeans. Here's a little snippet of it. Composition often determined by my jeans. Her color, personality.

Hey, and even eye color. Eyes up here. Citiz too blue. Hasperg jeans. Hasper genes. It's funny, right? It's funny. And yet they don't have a sense of humor.

Clearly, you know, like the woke has just completely taken over the humor cat. No wonder, no wonder, poor Stephen Colbert is done in over, right? How could it be humorous in light of how they've taken over the whole agenda? Apparently, this was the 2019 spot, so you can see they're like, you know, it's a, it's a reverting to the norm. Like the pendulum swings, and we get a little crazy, and then we come back to normal. And look, you know, I'm going to say something. Like, I get it. Saying healthy is hard.

Like, it's hard and it's not even, it's just not that easy for everyone. And I am sympathetic to that. You know, I'll never forget having to lose weight after twins. But all that said, like, you should still be somewhat aspirational. Should you not? In life, you want to be aspirational enough to say, okay, maybe I'm not the healthiest now, but I want to be healthy. And marketing typically is directed at people that want to be something more, right? That's kind of what it's all about. And so Sydney Sweeney has come in, And wow, like she's representing something that, you know, a lot of women would like to be. And thus, it seems like we're returning to some form of normalcy on the marketing front, which means, you know, the plus size model.

And again, like, there's, you know, look, I know it's hard. Like, I don't want to sound mean. I get it. But, like, you're selling jeans, for goodness sakes, people. Like, you're selling stuff, okay? Like, is there a reason why there was always a hot girl in a beer commercial? I mean, up until recently when suddenly you had the transgender in the beer commercial. And guess what?

That didn't sell any bears. Surprise, surprise. It's not that hard to figure out. And credit to American Eagle for figuring out they nailed it. Totally, totally nailed it. Now, on the stock, you know, we'll see. We'll see. It's entertaining to watch.

I think you need to be careful with anything that's a meme stuff. and I haven't looked at the internals of the company, so I wouldn't be rushing out necessarily, but, you know, I do think it's interesting that it's doing a little bit better. By the way, by the way, speaking of stocks, have you seen 76 research? Have you guys gone there?

I think my shot's a little close today. I'm getting like up close and comfortable with the camera. How's that? You should go check it out. So 76 research is a company I started with a very dear friend who spent decades on Wall Street running billions of dollars. And I kept saying like this industry is, well,

a little like the news industry, okay? So like it's not as transparent as I'd like it to be. There's a lot of sort of backend stuff that goes on. And, you know, people are getting paid on the back end for certain recommendations, et cetera. I mean, it happens. It happens. And so I just thought, what if we could come out

with a newsletter? We're just perfectly pure and honest about what we like. We're totally, you know, no conflicts. We don't have any of those issues that you often see within the Wall Street. community and my good friend Rob, he was game for it, so we started 76 research and it's been just a blockbuster. You can get the 76 research newsletter for a dollar a month for the first two months, then it goes to $9.95. You can cancel it any time, anytime you want, but I really

encourage you to do it because just look at the success we've had. I mean, just enormous success, all of the things that we've been recommending to you. These are the performers in the top portfolios actually, American Resilience, Inflation Protection, Income Builder, which is great for retirees. if you ever want to retire one day, you're going to need some of that income. So that's what these are designed for. The 76 Research newsletter that you can get with Code Word Dollar has a diverse set of picks that we offer up. And we got a nice email from somebody the other day who is absolutely positively thrilled

in our most recent one. You can get all of them, including the back inventory. If you go to 76research.com, you use CodeWord Dollar. I encourage you to do it. It's great to see so many people were a little bit earlier than normal here. on the show, are we not? But I just want to go out to the viewers and say hi, because you guys are the reason I've been able to do this. You are the reason we are coming up on one million subs. One million subs here on the Trish Regan channel. And, you know, all I did was a couple of years ago.

I think it's two years now. I just started coming on the show, laying here live every single day, every single day. And you guys responded. You guys responded. And I am here because of you. And this victory, which, oh, man, I'll tell you, it's getting harder as we're coming up on a million. I'm like, what is the deal? You'd think that, you know, compound interest would come into effect here on YouTube. But I don't know. They're making it harder and harder and harder.

So all the more reason for you guys to share, for you to tell your friends, for you to comment, for you to like. I'll ask you to like. I know Don tells you to like it a lot, too. But it is harder. I don't know why, but I encourage you to do your part. I promise I'll continue doing my part no matter where I am in the world. This is so important to me because we're on the front lines of history together here every day. And the only thing you're ever going to hear from Trisha again is the truth, whether you like it or not, and no matter how much it costs her, which I'll be honest at various times, it has. But that's okay, because I'm willing to take those

risks in the name of seeing things through to what is right. And listen, Letisa James, we deserve to know what was really going on. President Obama, Hillary Clinton, James Comey, Brennan, all of you, Clapper, we deserve to know what was going on. And there needs to be accountability. And so we're relentless and we're not going to stop. Join me in this together. It is great to see all of you here. Just wonderful. So I'm seeing a little. I'm single lot of new names too so that's a good sign that's a good sign for the algorithm uh cat crazy thank you so much yeah you're right it's probably getting more competitive you're right it is getting competitive because i think people are turning away from the mainstream media youtube is killing it and i love

seeing that because you know what we're all done with the mainstream media they finish themselves we won't be lied to no more i'll see you back your live tomorrow a lot more content coming your way make sure you subscribe and hit the bell