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Morning Wire

Twitter Deal Stalls & Title 42 | 5.20.22

Morning Wire

The Daily Wire

News, Daily News

4.926.4K Ratings

🗓️ 20 May 2022

⏱️ 15 minutes

🧾️ Download transcript

Summary

Elon Musk’s purchase of Twitter hits a roadblock, illegal border crossings hit record levels, and what role did Covid relief spending and fraud play in the record inflation? Get the facts first on Morning Wire. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Elon Musk offered to buy Twitter has hit a roadblock.

0:07.0

What's holding up the deal and can Musk legally back out of the purchase?

0:11.0

I'm John Bickley with Georgia Howell, its Friday, May 20th, and this is Morning Wire.

0:19.0

Migrants crossing the southern border hit an all-time record level in April and more are expected as Title 42 is set to expire.

0:26.0

We have the latest on the growing crisis at the border.

0:29.0

And after trillions in federal spending on COVID relief, the US is suffering from the worst inflation in decades.

0:36.0

We speak to an economist about how COVID spending is now hurting the US economy and what can be done to fix the problem.

0:42.0

Really, the inflation is just one part of the bigger problem that we're going to see in the economy.

0:47.0

And that's going to result in slower growth for years to come.

0:50.0

Thanks for waking up with Morning Wire.

0:52.0

Stay tuned. We have the news you need to know.

0:55.0

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1:00.0

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1:21.0

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1:30.0

Weeks after Elon Musk shocked the world with his $44 billion offered by Twitter, new questions regarding the number of inauthentic bot accounts on the platform have seemingly brought the deal to a standstill.

1:40.0

Here with the latest on what's at stake and how Twitter is responding to the news is daily wire senior editor Cabot Phillips.

1:47.0

So Cabot first walk us through this new information that's caused this deal to stall.

1:52.0

Yeah, on Tuesday, Elon Musk tweeted that the deal to purchase Twitter quote cannot move forward until the company offers public proof regarding the legitimacy of their user base.

2:01.0

Remember a key aspect of this deal is just how many active users are on Twitter.

...

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