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Morning Wire

Biden Taps Gas Reserve & FDIC Head Steps Down | Afternoon Update | 5.21.24

Morning Wire

The Daily Wire

Daily News, News

4.925.6K Ratings

🗓️ 21 May 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

Developing stories you need to know just in time for your drive home. Get the facts first on Morning Wire. Shopify: "Get a $1 per month trial at https://www.shopify.com/morningwire" Lumen: Get $100 off at checkout! Use promo code WIRE at http://go.lumen.me/Wire

Transcript

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0:00.0

This episode is brought to you by Shopify.

0:02.0

Get a one dollar per month trial period at Shopify.com

0:05.0

dot com slash morningwire.

0:06.0

That's Shopify.

0:08.0

com slash morning wire.

0:09.0

I'm Daily Wire, editor-in-chief John Bickley, it's Tuesday, May 21st, and this is your

0:16.6

morning wire afternoon update.

0:19.5

Donald Trump's defense team rested their case this morning. The former president did not take the

0:24.4

stand to testify. Daily Wire senior editor Cabot Phillips has the latest.

0:29.0

The trial is set to resume next Tuesday when Judge Mershaun, the defense and prosecution will review the charges and the jury instructions.

0:36.0

The jury was also dismissed until next week when they'll be given final instructions after hearing closing arguments.

0:41.0

At the moment it appears jury deliberation

0:43.4

will begin next Wednesday. The past few days of questioning led to bombshell

0:47.2

testimony from the prosecution's star witness Michael Cohen. Cohen who

0:51.2

previously worked for Trump was caught in several situations on the stand in which he appeared to be lying.

0:56.0

In addition, he admitted to stealing roughly $60,000 from the Trump organization.

1:00.0

The Biden administration says it's releasing 1 million barrels of gasoline from the Northeast reserve in an effort to combat high prices at the pump.

1:09.0

Daily Wire reporter Tim Pierce has more.

1:12.0

The reserve that Biden will pull from was established after wire reporter Tim Pierce has more.

1:12.6

The reserve that Biden will pull from was established after Superstorm Sandy.

1:16.3

According to officials, the sale will be allocated in increments of 100,000 barrels at a time.

1:21.6

The Department of Energy says the move is intended to lower the

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