The Rich Zeoli Show- Hour 2:

4:05pm- The Wall Street Journal Editorial Board writes: “This isn’t the right kind of March madness. The Education Department’s confused rollout of the new Free Application for Federal Student Aid, or Fafsa, grew more chaotic Friday when it announced that incorrect data had been sent to colleges for hundreds of thousands of students. Congress in its infinite unwisdom jammed through a Fafsa redesign in the December 2020 omnibus spending bill. The new Fafsa was supposed to be simpler, but myriad government snafus have caused headaches for colleges, parents and students. ‘This is another unforced error that will likely cause more processing delays for students,’ the National Association of Student Financial Aid Administrators (Nasfaa) CEO Justin Draeger said Friday. ‘At this stage in the game and after so many delays, every error adds up.’ Fafsa usually becomes available in early October, but the Education Department didn’t launch the new form until late December.” You can read more here: https://www.wsj.com/articles/student-aid-march-madness-fafsa-college-loans-18ae8361?mod=opinion_lead_pos2

4:30pm- Is it in the bill? A TikTok video has gone viral—asking viewers to guess whether or not five progressively insane expenditures are in the $1.2 billion budget bill signed into law by President Joe Biden. Can you guess what’s real and what’s made up? Rich and Henry go head-to-head!

4:50pm- Ben Protess and William K. Rashbaum of The New York Times write: “With Donald J. Trump on the clock to secure a nearly half-billion-dollar bond in his civil fraud case, a New York appeals court handed the former president a lifeline on Monday, saying it would accept a far smaller bond of $175 million. The ruling by a panel of five appellate court judges was a crucial and unexpected victory for Mr. Trump, potentially staving off a looming financial disaster. Had the court denied his request for a smaller bond in the fraud case, which was brought by the New York attorney general, Mr. Trump risked losing control over his bank accounts and even some of his marquee properties.” While speaking to the press outside of the courthouse, Trump said he plans to pay the newly reduced bond in cash. You can read more here: https://www.nytimes.com/2024/03/25/nyregion/trump-bond-reduced.html

4:55pm- While appearing on CNN with Erin Burnett, Bess Freeman—the CEO of a luxury real estate firm— confirmed that Mar-a-Lago is worth far more than the $18 million estimated by New York Attorney General Letitia James. Freeman estimated the property was worth hundreds of millions of dollars.