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WSJ Minute Briefing

Hegseth Removes Army’s Top General in Expanding Pentagon Purge

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1671 Ratings

🗓️ 3 April 2026

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: the Trump administration amps up its defense of prediction markets. And today’s jobs report could clarify whether February’s big jobs drop was a blip, or the start of something more serious. Luke Vargas hosts.  Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

When the tax year ends on the 5th of April, valuable tax allowances may be lost simply because people left things too late.

0:08.0

Thankfully, Vanguard is here to help you make well-consider decisions, not rushed ones.

0:14.0

Their tax year-end hub is full of clear guidance, helpful tools and timely reminders to help you understand your allowances and give your investments

0:22.5

the best chance to grow.

0:24.0

Search Vanguard investor to learn more.

0:26.2

When investing, your capital is at risk.

0:28.5

Tax rules apply.

0:32.2

Here is your morning brief for Friday, April 3rd.

0:35.3

I'm Luke Vargas for the Wall Street Journal.

0:38.0

Defense Secretary Pete Hexeth has fired the Army's top general, with the Pentagon giving

0:43.0

no reason for General Randy George's departure. Hexeth has now removed most of the leaders of the

0:48.9

military's top ranks, including the Air Force General, who served as chairman of the Joint

0:53.3

Chiefs of Staff, and the Admiral who served as chairman of the Joint Chiefs of Staff,

0:59.8

and the Admiral who served as Chief of Naval Operations. Hexeth has also replaced the top military lawyers for the services, and earlier this week overruled service officials who suspended

1:05.4

army helicopter pilots for flying up to the residents of musician Kid Rock. The Trump administration is amping up its legal defense of prediction markets,

1:14.3

with the Commodities Futures Trading Commission suing Arizona, Illinois, and Connecticut

1:19.1

over their efforts to ban sports and election betting on Kalshi and other platforms.

1:24.7

The civil complaints contend that the federal regulator has sole authority to

1:28.9

regulate the contracts listed by Kalshi and others, and asked courts in the states to prevent them

1:34.3

from applying their own gambling laws to the contracts. Kalshi declined to comment, while a

1:39.9

polymarket spokesperson applauded the suit and said that prediction markets are federally regulated

1:45.2

financial instruments. And it's Jobs Friday, March's employment report is due out at 8.30 a.m. Eastern,

...

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