Inflation Hits Hard | Makary Out at FDA | Mail-Order Abortion Pill Fight | 5/13/26
The A.M. Update
Aaron McIntire
4.9 • 833 Ratings
🗓️ 13 May 2026
⏱️ 17 minutes
🧾️ Download transcript
Summary
The latest CPI report shows inflation at its highest point since May 2023, with fuel oil up 54% and gasoline up 28%, as Trump deflects a question about Americans' financial pain by saying his only focus is keeping Iran from getting a nuclear weapon. FDA Commissioner Marty Makary resigns under pressure from pro-life groups and the White House over his handling of mifepristone, while 23 states file a Supreme Court brief to block mail-order distribution of the drug, and General Dan Caine tells the Senate that maximum pressure on Iran is holding but the timeline is a political decision. FBI Director Kash Patel fires back at a senator grilling him with personal allegations, Rand Paul announces a CIA whistleblower will testify publicly on COVID origins, a Russian ship suspected of carrying nuclear technology to North Korea mysteriously sank in the Mediterranean, a 78-year-old Northern Ireland pastor is convicted for preaching near a hospital, and the U.S. withdraws from the UN Global Compact on Migration.
Transcript
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| 0:00.0 | It's Wednesday, May 13, 2026. Not a great economic day. The Status of Hormuz and McCary out at |
| 0:07.5 | FDA. Let's get right into it, a stripped down version of the AM update this morning because I'm a |
| 0:12.4 | moron and forgot my solid state external drive at work. And that's got all of the elements on it. |
| 0:18.8 | The Bureau of Labor Statistics on Tuesday said consumer price index or CPI, it's a broad measure of how much everyday goods like gasoline, groceries, and rent cost rose 0.6% from a month ago and is 3.8% higher than last year. |
| 0:32.6 | That's the highest level since May of 2023. |
| 0:35.7 | The 0.6% monthly increase was in line with expectations of economists pulled by LSEG, while the annual figure was hotter than the prediction of 3.7%. Notable increases amongst categories in that CPI, fuel oil up by 54%, gasoline up by 28%, electricity up by 6%, transportation, up by 4%. |
| 1:00.9 | Those are all adjusted by different means. |
| 1:03.6 | President Trump was asked this very loaded question about Iran and America's finances. |
| 1:12.6 | American financial situation. |
| 1:14.6 | I don't think about any, but I think about one thing. |
| 1:17.4 | You could not let Iran have a nuclear weapon. |
| 1:20.4 | That's all. |
| 1:21.0 | So there's President Trump asking how much Americans' financial situations factor into what he's doing with Iran? |
| 1:27.4 | And he says, quote, I don't think about anybody. |
| 1:30.0 | I think about one thing. |
| 1:31.3 | We cannot let Iran have a nuclear weapon. |
| 1:33.7 | That's all. |
| 1:34.4 | Of course, that clip is going to be used and played and pilloried against President Trump. |
| 1:40.0 | Of course he cares about Americans' financial situation. |
| 1:43.0 | Of course he does. |
| 1:43.6 | He's the president. |
| 1:44.6 | He, more than any maybe president or political leader that I've ever seen, is acutely aware |
... |
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