July 16, 2026
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49:19Now PlayingDonald Trump’s family and its powerful allies are pushing deeper into the largely unregulated world of stablecoins—and investigative researcher Kate Justice says the proposed system could allow secret owners to operate bank-like institutions without traditional deposit insurance or adequate oversight.
Kate joins former FBI Assistant Director Frank Figliuzzi to explain how stablecoins work, who profits from them, and why Trump’s World Liberty Financial, Howard Lutnick, Tether, Binance, and other connected players deserve far more scrutiny. They also examine allegations involving political favors, pardons, foreign money, and a regulatory structure that could leave the Treasury secretary acting as the “fox guarding the henhouse.”
Frank and Kate also break down Todd Blanche’s evasive confirmation-hearing testimony, discuss the importance of independent investigative journalism, and explain how ordinary citizens can uncover corruption in their own communities.
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