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Now let's kick things off with some news about cryptocurrency. Historically, it's the best investment if you're looking to have your money stolen by a guy whose mattress is one hundred percent for sure on the floor. But now there's one less place for Americans to trade it.
This morning, another major blow to the cryptocurrency industry as the leader of the world's largest crypto exchange pleads guilty to multiple US violations, including money laundering.
The FEDS accused Binance and its CEO, Changpeng Joo, of processing more than one hundred thousand transactions by child abusers, cyber criminals, and even terrorists.
Joo has agreed to pay more than four billion dollars in.
Fines and step down as CEO, and Binance will no longer do business within the US.
WHA, no, you're telling me the crypto guys I was shady.
The crypto guy was shady, so weird.
He was so nice when you sold me the weapons on the black market.
Yeah, I'm shocked, you know, but you know there is that one thing that you always say, Oh, that's.
Right, though, the one thing.
What is it? Oh?
Oh, everyone in crypto is shady. Have you ever talked to someone who's into crypto and thought to yourself, Wow, what an upstanding human citizen. I definitely would prefer talking to them rather than shooting myself in the face. But yes, Binance is going to have to shut down in the US,
which could jeopardize any American who has money there. To be fair, if you're a non criminal who's lost money in this, that's on you, because at this point, investing in crypto is like playing r Kelly at your wedding.
You should know it's not a good choice.
I gotta say I saw this coming from a mile away. I knew this company sounded fishy from the moment I heard its name.
The name Binance alone, it just it sounds like a four year old trying to say finance.
Yeah, it sounds like a woke economics course at Oberlin. I haven't really picked a currency. I'm more financial.
Basically a guy with a fake mustache trying to get away with something.
Are you guys doing finance? What? No, we do biinance with money? Yeah? No, thank you.
I'm gonna leave my money in the real banks where nothing bad ever happens. Moving on to President Biden pulls show that he's not doing well with young people, who apparently find him suss mid and deficient in ris all words I a young person know quite well. But Biden has a new policy to win them back.
The Biden administration once eliminate so called cord cutting fees. It would be done through a new proposed rule from the FCC which would require k and Soundllite TV operators to get rid of those early termination fees for subscribers. The agency says those fees really limit a customer's ability to choose the service they want.
Well, okay, so so Biden wants to make it easier for people to cancel cable.
This is a bad idea. And I am not just saying that because we're on cable.
No, absolutely not.
You're saying it because cable is the lifeblood of the American experience.
Cable is about family, tradition.
The Bible, the Constitution, the.
Four oh one ks for the on air hosts. You know we get that, right.
Yeah, we do, we do. Nice. These fees are essential. I mean, we can't just get rid of them. Maybe you know, maybe we even double them, yeah.
Or canceling cable should just be illegal. Maybe the death penalty is that too much.
It's not too much, definitely not too much.
I don't even think we should be talking about this right now.
I don't think we should talk about TODAYA Let's move okay, let's.
Move on to some public safety news. Recent studies show that women are more likely to be hurt in car crashes and Jordan. The reason is obvious, women.
Are bad drivers. What you said, it's what you said.
It's sexismism, Yeah, sexism, and now the auto industry is finally starting to do something about it.
When it comes to designing crash test dummies, researchers say it's time to get smarter.
This is the average female.
Engineers in Sweden have developed a dummy based on a woman's body.
More narrow shoulder area and a wider hip area.
It's also lighter and has a lower center of gravity, all things experts say are important to consider when testing collisions at high speeds.
Wow, what a surprise. The cars are designed to be safe for crash test dummies, and the dummies are design to represent men's bodies. Although to be fair, it's not just the dummies. The study also revealed that right before a crash. Men tense up, while women usually whisper. Sorry, sorry, sorry, sorry sorry. I will say I'm glad they're finally making changes to the dummies. But if we were worried about accuracy,
let's go all the way with this. Why not fill the car with half eaten takeout containers and a hockey stick that was left in the back seat for the last three months, no matter how many times you told them to bring it in the fighting house.
Let's see what happens.
When that hits the wall at sixty miles an hour. Sorry, Jordan, it's been a tough week.
Yeah, no worries. Thanks again for driving me to hockey practice. Yeah, no product.
So thanks to the scientists, and congrats on designing a mannequin that men won't dream about having sex with.
Right, right, right, totally, totally.
Totally, definitely so spot on, spot on, Spota spot Can we move on?
Please?
Yeah?
Right yeah.
Our guest Tonight is a former prosecutor and veterans serving his first term in Congress. He represents North Carolina's fourteenth congressional district, and he's running for Attorney General in North Carolina.
Please welcome Democratic Representative Jeff Jackson.
Who Crow.
Congress and Jackson, thank you for being here. Thank you so excited to have you. You are an incredibly successful politician, but most people know you from your TikTok videos. You do these incredible explainers that distill down pretty complex issues in a really clear, digestible way. Is the intent to simplify these issues for people and get that engagement? Are you really just posting foot picks?
Every consultant in DC told me to go the foot direction. Yes, I said, that's not what I'm about.
No, you're a hands guy. We know you are. I love a good hand.
TikTok Oh showed me that that Vogue arrow.
Give me some of this.
Lauren Bobert had a great hands video a few months ago. Great, great, is that what you're talking about.
I'm a kitchen table guy, right, I have a kitchen table. I put a camera on the other side, I look into it, I say, here's the most interesting thing that happened to me in Congress this week, and then I
posted to a bunch of different social media platforms. I have been really surprised by the level of interest in this political environment where everyone is yelling at each other all the time to be able to you can a normal tone of voice and try to convey some of the complexity and some of the nuance that there would be broad interest for.
That.
I think is really encouraging. I think it's a good signing.
I now I.
Feel though the platforms that we have our conversations on dictate the types of conversations we have, and TikTok is a short attention span platform, Like, what does it say about our democracy that this is where the conversations are happening.
I've been surprised. I wouldn't have expected that. So I post to TikTok, but also Facebook, readitt Twitter. The place where most people view is TikTok. When I'm home in my district, constituents come up and they say, hey, I appreciate what you posted on TikTok. I would not have predicted that. I will tell you I've got seven hundred and sixty thousand some odd constituents my senses, about three hundred thousand of them are on TikTok.
No.
I know TikTok's got all kinds of issues, but I think that reaching my constituents where they are is also something of real value. It should be normal and expected that your elected officials try and use social media to keep you posted about what they're doing. It should be part of our job.
You think.
You think, though half of your constituents are on TikTok, how many high schools do you have in your district?
You know, I've got a lot of young people. But look, there are people of all ages on all of these social media platforms. And every once in a while you meet a gramdma who comes up and says, I really love you on TikTok.
Sweet.
Usually they mentioned Facebook, but sometimes TikTok.
So you were talking about some of the issues with TikTok. Nikki Haley has just openly spoken about banning TikTok and the security concerns. Do you have those concerns?
Yeah, those concerns are all legit. Look, I have a phone that has one app on it, and that app is TikTok, and that's how I handle that.
And that's because you fear what could happen. I mean, because the overall threat is that essentially the Chinese government has access to your information and can influence the disc course because of it.
Those are all absolutely credible concerns as long as roughly half of my constituents are there. I'm gonna try and use it for good and keep them posted about what I'm doing.
I want to talk about some of the people you work with. You called out on your famous TikTok videos that a lot of the people in Congress you sense are faking this outrage, that what we're seeing at home is essentially a bunch of people faking it.
Who would you put on blasts? Who are you talking about?
And does it rhyme with Schmerjorie, Schmahler Schmid.
All I will say is this, It's not George Santos.
Never, He's not faking it.
Never a false word from that gentleman. Then I'll tell you this. I've been in committees and I have watched when the camera turns on, people's personalities change completely right before your eyes. It's really jarring. It is literal theater. And you've got a handful of people there who are in competition with each other every day to be the most outrageous, which is why it feels like when you look at Congress, they're on this escalator that's just increasingly
crazy and angry. It's because they're playing a very specific game to try and get the attention of a very specific group of people, and it's awful and exhausting. Most of people up there aren't playing that game. The people we keep getting served up, they're playing the Outrage Olympics every day. That's how they treat their job in Congress as the day we tryouts for the Outrage Olympics.
I find it interesting because you have found the success. You don't seem like the outraged kind of guy.
You know, you always seem like you're at like an even five.
You got like a nice dad energy. But Dad, I'm not.
Going to drink with you, but I will pick you up if you drink too much.
Yeah, I will, no questions, ask, give me a call, right, I'm that guy? Yeah yeah, why do you think?
Let me tell you something else?
I think right now, that's the data American needs.
I could also say, kind of a tipsy uncle who can whip this country back into shape?
To it all?
We're dangerously close. Yeah, just like uncle is gonna turn on us. We better shape up.
What does boil your blood? Does anything get you going outright?
Political corruption? For example, my state North Carolina a horrible history with jerrymandering. Jerry mandering is just letting politicians draw their own districts, because when you do that, they're all gonna cheat. My party. When my party had the ability to draw the districts in North Carolina, they always cheated. When I was in the state legislature, the first bill I ever filed was to end jerry mandering, and they sent it to a committee that hasn't met in twenty years.
We can't let politicians draw their own districts because they screw the voters every single time. No more gerry mandering across the entire country.
Yeah, it's.
A huge issue, But how do we fix this cancer on political discourse? How do you solve that?
Don't vote for anyone who isn't explicitly committed to independent redistricting. Independent redistricting is how you solve jerry mandering. If there is any elected official or a candidate who says, well, I don't know if I'm forward, maybe maybe not, uh uh, we should just have a bright wine. Jerry Mandering is unethical. There is never a defense for drawing districts to favor one party or the other. Don't vote for anyone who would ever engage in that behavior. That's how we solve it now.
Well, you've been you've been in Congress for about eleven months now, and you're you're planning on getting jerry mandered out, and you're running for attorney general.
Attorneys general, attorneys general.
It's very awkward.
I don't know.
Could you do an explainer on why it's attorneys.
General and TikTok length because it's easier to understand, and also I think I would get bored more for more than thirty seconds about.
It's a bad decision that someone made a long time ago.
Oh okay, well you're welcome.
But even your new role that you're running for right now, would you be able to address jerry mandry?
Absolutely? Look, the attorney general's job is standing up for people. It's sort of the opposite of what you see a lot of in Congress. It's not about the theatrics. It's not about the left or the right. It's just about doing what's right, standing up against political corruption, against business corruption, especially when consumers are getting screwed, and organized crime. We got a huge fentanyl problem in North Carolina, we got
it across the entire country. The attorney general gets to be directly involved in handling all of that it's a really wonderful job.
Thank you on the job.
You seem like the perfect guy for the job, that's for sure. Give it up for Representative Jack.
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