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Morning Announcements

Thursday, December 19th, 2024 - SCOTUS take TikTok case; Fed rate cut; Gov’t shutdown; Cheney targeted; CA bird flu outbreak

Morning Announcements

Betches

News, Daily News, News Commentary, Politics

4.71.7K Ratings

🗓️ 19 December 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

Today’s Headlines: The Supreme Court will decide if a law banning TikTok by January 19 unless sold to a U.S. company violates free speech. TikTok and content creators argue it does, while the government cites security concerns over Chinese surveillance. The Fed cut interest rates by 0.25% but warned of fewer cuts in 2025, raising inflation projections. Markets reacted sharply, with the Dow dropping over 1,100 points. A government shutdown is likely as President-elect Trump opposes a stopgap funding bill. Meanwhile, the House Ethics Committee plans to release a report on Matt Gaetz, and Rep. Barry Loudermilk is calling for Liz Cheney’s prosecution over her January 6th work. Finally, California declared a state of emergency over a bird flu outbreak hitting dairy cattle, now spread to 16 states. The CDC reported the first severe U.S. human case in Louisiana. Resources/Articles mentioned in this episode: WSJ: Supreme Court to Consider TikTok Ban Axios: Fed lowers rates, signals fewer cuts ahead in '25  AP News: Stock market today: Wall Street sinks after Fed signals fewer rate cuts in 2025 Axios: Trump opposes Johnson's spending deal to avert government shutdown  WA Post: House Ethics Committee set to release investigation report on Matt Gaetz  AP News: Republicans side with Trump after Jan. 6 investigation, target Liz Cheney NY Times: California Declares an Emergency Over Bird Flu in Cattle - The New York Times  Morning Announcements is produced by Sami Sage alongside Bridget Schwartz and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Today is Thursday, December 19th, and you're listening to The Morning Announcements presented by Betches Media.

0:06.8

I'm your host, Sammy Sage, and The Morning Announcements is your daily five-minute breakdown of the headlines

0:11.6

that isn't a megaphone for the loudest voices, but a magnifying glass for the most important news.

0:17.5

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0:54.5

The Supreme Court has agreed to take up a case deciding the constitutionality of the law

0:59.2

that would ban TikTok if it is not relieved of its Chinese ownership by January 19.

1:04.9

This is the result of a case brought by TikTok the company as well as a group of eight content

1:09.4

creators, though the ban was upheld

1:11.1

by an appeals court earlier this month. The company and the group of content creators,

1:15.3

with support from the ACLU, are arguing that the ban stifles First Amendment rights to free speech,

1:20.9

while the appeals court concluded that the government has a valid and lawful basis for passing

1:25.2

the law. The federal government had cited intelligence

1:28.1

that the Chinese-owned app could be used to spread Chinese propaganda and surveil Americans.

1:33.1

To be clear, though, the ban does not make it illegal to use the app just for it to be available

1:37.4

in the app's stores.

...

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