
Morning Announcements
Wednesday, August 19th, 2026 - The Trumps Got a Crypto Bank, Meta Trial Starts, Hegseth 2028?
Today's Headlines: The Trump family received a conditional bank charter for their crypto firm World Liberty Financial — co-run by Eric Trump and Steve Witkoff's son — allowing them to issue their own stablecoins, which means more money for them and more risk in the financial system. Meanwhile, Disney and ABC are suing the FCC for retaliating against them politically by reviewing their broadcast licenses two years early over Jimmy Kimmel, The View, and DEI — citing Trump's own Truth Social posts. In other news, Meta's jury trial started in California with four states seeking billions in damages and platform reforms, alleging the company deliberately designed addictive features for children, studied how to maximize that addiction, and collected data on under-13s without parental consent while hiding all of it — with 25 more states going to trial later. A DOJ whistleblower filed a complaint alleging the Ivy League antisemitism task force pressured universities into settlements with little to no evidence, calling the investigations "predetermined" political PR stunts designed to suspend federal funding — with career attorneys overruled when they objected. Pete Hegseth flew to Iowa on a taxpayer-funded military aircraft in his "personal capacity" to explore a 2028 presidential run while sailors on the USS Abraham Lincoln are still stranded at sea, ships are being attacked in the Strait of Hormuz, and at least one sailor was killed near Oman. Trump is also pushing aides to arrange a Kim Jong Un meeting this fall, apparently believing he can convince North Korea to give up a nuclear program they've been building since the 1990s, while simultaneously saying the Strait of Hormuz is under control as two more ships were attacked. In more food recall news, Outshine fruit bars were recalled nationwide due to possible glass contamination, because apparently popsicles are also not safe anymore. And finally, Florida primary results are in: Trump's pick Byron Donalds will face Democrat David Jolly in the governor's race, and abusive congressman Cory Mills lost his seat. Resources/Articles mentioned: CNBC: Trump family-backed crypto firm World Liberty gets conditional bank charter approval CNN: Disney sues Trump’s FCC over ‘retaliatory campaign’ against ABC AP News:Trial for Meta begins with states arguing its platforms preyed on vulnerability of young brains NYT: Outshine Frozen Fruit Bars Recalled Over Glass Contamination Concern WaPo: Politics drove antisemitism probes against Ivy League schools, DOJ whistleblower says WSJ: Trump Pushes for Kim Jong Un Meeting This Year NYT: Two Ships Transiting Strait of Hormuz Are Attacked as Oil Prices Rise WaPo: Hegseth travels to Iowa in his ‘personal capacity’ amid 2028 speculation NYT: Election Live Updates: Democratic Socialist Scores Florida Upset in Latest Victory for Progressives Subscribe to the Betches News Room and join the Morning Announcements group chat. Go to: betchesnews.substack.com Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices

