Congress Insider Trading Scandal Explodes After Omar Wealth Report

The Ben Ferguson Podcast

iHeartPodcasts

News, Politics, News Commentary

4.9 • 4.7K Ratings

🗓️ 31 December 2025

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Main Allegation:
- Widespread fraud in Minnesota involving daycare centers, childcare programs, and pandemic relief funds.
- Fraud allegedly linked to Somali immigrant communities, with claims that stolen funds were sent overseas and possibly tied to terrorist organizations like Al Shabab.
Federal Response:
- Trump administration froze $185 million in childcare funds to Minnesota.
- Actions include:
  - Defend the Spend system requiring receipts/photo evidence before payments.
  - Demand letter to Governor Tim Walz for a full review of childcare centers.
  - Launch of a fraud reporting hotline.
- FBI and DHS expanded investigations, deploying agents for large-scale enforcement operations.
Political Fallout:
- Representative Ilhan Omar accused of downplaying fraud and facing scrutiny over her reported net worth increase (up to $30 million).
- Senator John Kennedy condemned the scandal as “a clown world on steroids” during a Senate speech.
- House Oversight Committee plans subpoenas for Minnesota officials, including Governor Walz.
- Vice President JD Vance and other Republicans frame the scandal as systemic immigration fraud.
Media and Narrative:
- Mainstream media (MSNBC, The New York Times) are dismissing the fraud claims as racist scapegoating.
- Democrats are complicit, claiming fraud was tolerated to buy votes.
Scale of Fraud:
- Over $1 billion stolen, 87 people charged (mostly Somali descent), 61 convictions so far.
- Feeding Our Future scandal alone involved $300 million in pandemic relief funds.

Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the 47 Morning Update with Ben Ferguson and Verdict with Ted Cruz Wherever You get You're Podcasts. And don't forget to follow the show on Social Media so you never miss a moment! Thanks for Listening

X: https://x.com/benfergusonshow

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0	This is an I-Heart podcast. Guaranteed Human.
0:05.1	The fallout out of Minnesota is now reaching other states.
0:09.4	Now there's more accusations in other states that Democrats were allowing illegal immigrants
0:15.6	and not all of them are going to be Somalis to defraud the system on purpose, buying votes.
0:22.7	Now, all of this is happening, and I'm going to go through some of it in a moment,
0:26.5	but there's a new trend that has just started because of the fallout in Minnesota.
0:32.0	Now, Mark Kelly, a Democrat, is coming out randomly calling for the ban of stock trading for members of Congress.
0:43.9	Why?
0:44.9	Well, there are reports that are out that Alam Omar went from being negative in her net worth when she got into Congress
0:54.1	to just a few years later being
0:55.8	worth upwards of $30 million.
0:58.8	How did that happen?
1:00.5	Congresswoman Omar's net worth has increased again, up to $30 million, despite her claiming
1:05.6	she isn't a millionaire, according to a new report.
1:09.5	Omar and her husband have a net worth between she stated in her government forms of
1:14.8	6 million to 30 million, according to their 2025 disclosure.
1:20.0	The Washington Free Beacon is now reporting this.
1:23.8	Disclosures from the end of 2023.
1:29.3	That is just two years ago. Show the payer had ownership stakes that only add to the value of just about $51,000.
1:38.3	The question obviously is how do you go from having $51,000 in your bank account to two years later
1:45.3	on a fixed salary that everyone knows where it is, it's about $100 and change,
1:50.6	to upwards of almost $30 million.
	...

Transcript will be available on the free plan in 18 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from iHeartPodcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of iHeartPodcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.