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Presented by Electronic Payments Coalition,
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Community Banks and Credit Unions in all 50 states
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oppose the Durban Marshall Credit Card mandates.
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Proponents claim small institutions
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are exempt from the bill's price controls,
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but community banks and credit unions know better.
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After the 2011 Durban Amendment,
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Fraud Attempts swords 17 fold for exempt institutions,
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and research shows this bill would devastate credit access
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for working families.
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Congress oppose the Durban Marshall Credit Card mandates.
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Good morning, I'm Jake Sherman,
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and welcome to the Daily Punch,
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brought to you by Punch Paul News.
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It is Friday, April 17th, 2026.
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Let's get into the mix.
0:39
Here are your Washington headlines.
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The day number one, Johnson's Gigantic Fiesaflop.
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Number two, Republicans can't stop fighting
0:48
with Republicans and number three,
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shirtless McCormick puts the CBC in a bind.
0:55
If you are listening to this podcast,
0:57
you are not going to be surprised what you will hear this morning.
1:01
But let's catch you up on what happened last night.
1:04
Mike Johnson tried to pass a five-year extension of Fiesaflop last night,
1:13
Republican leaders posted a compromise Fiesaflop,
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and met just before 11pm,
1:18
that would have strengthened criminal penalties for misuse of the program,
1:21
include some warrant language that Democrats say merely
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codifies existing law and enhanced congressional access
1:29
A group of Republicans,
1:34
and it failed spectacularly.
1:35
The Republican leaders posted a compromise Fiesaflop,
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and met just before 11pm,
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that would have strengthened criminal penalties for misuse of the program,
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a group of Republicans rejected Johnson's compromise,
1:47
voting it down by a 200 to 220 margin.
1:50
This was a big group of Republicans have voted against it,
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including Brian Fitzpatrick, Andy Harris,
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Darren LeHood, Tom Massey, Marionette Miller, Meek, Sack Nun,
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Andy Ogles Scott Perry, John Rose, Keith Self, Mike Turner,
2:04
Now you could explain,
2:06
here's how I would explain it,
2:08
at least Andy Harris, Andy Ogles Scott Perry,
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Keith Self are all Freedom Caucus folks, Fitzpatrick,
2:15
and LeHood are on Intel.
2:17
Tom Massey votes no against everything,
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so I don't know what he had,
2:21
a specific issue about this,
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a lot of these privacy related things,
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Marionette Miller, Meeks, and Zack Nunn, both Iowa.
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I don't know what was going on there.
2:30
Mike Turner are also former chair of Intel,
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I don't know what he was thinking,
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but he has no reason to help Johnson,
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and anything after Johnson booted him from the committee.
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Republicans voted down her rule to consider
2:44
an 18 month FISA extension,
2:46
which was what Donald Trump wanted.
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20 Republicans voted no,
2:50
which is a remarkable rejection.
2:52
And then finally, around two o'clock in the morning,
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the House did get unanimous consent
2:58
for a two week extension of FISA authorities.
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Okay, I have a couple points I'd like to make here.
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the majority of the House of Representatives
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is for warrant requirements on FISA.
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Real warrant requirements.
3:12
Now, I understand the administration is not for it.
3:16
I understand the FBI,
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and the entire intelligence community
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doesn't want warrant requirements.
3:23
That is clear to me,
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and I completely get it.
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But that's where the majority of the House of Representatives is.
3:29
And there's not going to be any slight of hand
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that is going to satisfy people
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and maybe the Senate's not for it either,
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but the way government works,
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the way legislating works,
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the House is a majoritarian institution.
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If a majority of the people want something,
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it's going to be hard to BS them to not want it.
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That's just the way it works.
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It thinks legislating is really hard,
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especially on a hard issue like FISA.
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And on a hard issue like FISA,
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you're not going to be able to leave it for the last week
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and try to ignore all of the things
4:05
that you know are true and pass a bill.
4:08
That's why the 18 month clean extension
4:10
was not going to happen.
4:12
That's why a FISA shell game
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was not going to work.
4:17
That's just the way it is.
4:19
Now, so they get a two week extension to lapel 30th.
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What's that going to do?
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I don't know what it's going to do.
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It's not going to do that much
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because they're going to be in the same position again.
4:30
And the real way out of this
4:32
is either to pass warrants
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like the freedom caucus wants
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or to go to Democrats
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for some compromise warrant language,
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have something on that.
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That's the way out of this
4:44
because you're not going to be able
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to get some kind of nonsense proposal through.
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It's too tough of an issue.
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It's too tough of an issue.
4:53
They were last night.
4:55
this shows how contentious,
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let's say, of an issue this is.
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They were modifying the bill by hand
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this means they're going to spend
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the rest of the month on Pfizer.
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That's just what it means.
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They're going to spend until May on Pfizer.
5:14
So that's where we are.
5:16
When we get back from the break,
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a larger point to make
5:19
Republicans can't stop fighting
5:25
Presented by Electronic Payments Coalition,
5:27
Community Banks and Credit Unions
5:31
oppose the Durban Marshall Credit Card mandates.
5:33
Researched by the University of Miami
5:35
warns it would severely limit access
5:37
to credit for low and middle-income Americans.
5:40
Credit Card mandates cut credit access,
5:43
and hurt the families they claim to protect.
5:47
Congress opposed the Durban Marshall Credit Card mandates.
5:56
Number two story of the morning
5:57
also in the top this morning
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Republicans just can't stop fighting with Republicans
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on every issue in front of Congress.
6:03
Republicans are locked
6:04
in a circular firing squad.
6:06
House and Senate Republicans
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aren't just on different wavelengths.
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They're living in different universes.
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reconciliation, ice,
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funding, housing bill,
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It's just across the board.
6:20
I mean, that they are just on
6:22
completely different wavelengths,
6:24
completely different planets.
6:25
Most acutely came a couple weeks ago
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when the Senate passed a DHS bill,
6:29
Johnson rejected it.
6:30
Johnson a couple days later said he's for it.
6:32
This is only going to get more complicated, I would say,
6:35
because they're trying to do a reconciliation bill once again.
6:38
And the leadership wants to keep it narrow.
6:41
In the House, I have to guess that my Johnson's going to have to
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at least placate Republicans
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and say they should go bigger.
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So this is going to be a big issue going forward.
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And it's kind of the undercurrent
6:52
of this in the in the mood music.
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I'll use that phrase again of this Congress.
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Number three, storing this morning.
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The CBC isn't a bind.
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The House is likely, I would say, to expel
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or to try to expel Sheila,
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shirtless McCormick,
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who is under criminal indictment for allegedly stealing millions of
7:08
dollars of FEMA money
7:09
and funneling some of that money into her campaign,
7:12
a special subcommittee to health to ethics committee found the Florida
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Democrat guilty of 26 ethics violations.
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The full ethics committee will meet on April 21st to consider
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what punishment to meet out.
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Expulsion is a real possibility,
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although two-thirds of the House would have to voter out.
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Jeffries, I came Jeffries is staying tight-lipped,
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but the CBC is not rushing to defend her.
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I mean, they're really not.
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And that is incredibly important.
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And you have some folks, Greg Meeks,
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a three-decade veteran of Congress,
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said he is very unlikely to back any expulsion resolution
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before a judicial trial,
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but there is a deep divide in the CBC about how to handle this.
7:47
And with that, leave us a rating and review.
7:49
You can subscribe to Punctable News at Punctable.News.
7:51
Have a great day and stay safe everyone.
7:54
Thank you very much.