Wall of Dust
The Situation Room with Wolf Blitzer and Pamela Brown
CNN
3.2 • 865 Ratings
🗓️ 26 August 2025
⏱️ 76 minutes
🧾️ Download transcript
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| 0:00.0 | Happening out, Wall of Dust, Arizona engulfed near zero visibility, winds near hurricane force. |
| 0:10.1 | Fed fight, President Trump is saying he is firing a top official in the Federal Reserve. |
| 0:14.7 | This morning, she's responding. |
| 0:17.3 | And fighting deportation right now, Kilmara-Breggo-Garcia is being held in Virginia. |
| 0:22.7 | As the Trump administration is pushing to deport him to Uganda, his lawyer will join us ahead. |
| 0:28.8 | And exploding wildfire flames are incinerating parts of Oregon. |
| 0:34.8 | And quote, we could have done a better job. After a flood of outrage over its new logo, |
| 0:40.6 | Cracker Barrel is responding, but the company says it will never change. Welcome to our viewers |
| 0:46.9 | in the United States and around the world. I'm Pamela Brown. Wolf Blitzer is off today and you're |
| 0:51.6 | in the situation room. |
| 1:05.0 | And new this morning, President Trump escalates his battle with the Federal Reserve and the independence of the nation's central banking system. |
| 1:08.0 | The president says he is firing Federal Reserve Board member Lisa Cook |
| 1:12.3 | over allegations that she committed mortgage fraud. Cook denies any wrongdoing and says she will |
| 1:18.0 | fight this dismissal. The case could go all the way up to the Supreme Court. Seenons, |
| 1:23.1 | Elena Trean is at the White House and senior reporter Matt Egan, business reporter Matt Egan, is in New York. |
| 1:28.7 | Elena, tell us more about the basis of the president's accusations here. |
| 1:33.4 | Yeah, Pamela, we are in uncharted territory here. |
| 1:36.1 | U.S. president has never moved to fire a Fed governor before. |
| 1:40.3 | But this is what he said on true social yesterday. |
| 1:42.7 | He essentially said he's attempting to fire her and said it was on the basis of allegations of mortgage fraud. Now, CNN did do a review and found that she listed two properties as primary residences. And this is relating to a 2021 mortgage application. I would note that was before she was appointed to serve on the Fed as a Fed |
| 2:04.5 | governor. Now, in the letter that the president posted to True Social, he essentially questioned |
| 2:09.9 | Cook's competence and trustworthiness as a financial regulator. But a key question, of course, |
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