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The Situation Room with Wolf Blitzer and Pamela Brown

Wall of Dust

The Situation Room with Wolf Blitzer and Pamela Brown

CNN

News

3.2865 Ratings

🗓️ 26 August 2025

⏱️ 76 minutes

🧾️ Download transcript

Summary

First: A dust storm engulfs Arizona, whipping up winds near hurricane force and reducing visibility to near zero.  Plus: President Trump says he's firing a top official in the Federal Reserve. We bring you her response.  And: The seemingly never-ending saga of Kilmar Abrego Garcia continues. His lawyer joins us to discuss the government's latest deportation attempt.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

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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