News · moment 5 of 24

Biden Cracks Down on Venmo and the Debt Default

from #272 - Night of The Beating | The Tim Dillon Show · #272

3 min

News

Tim discusses Biden administration efforts to monitor bank transactions and claw back stimulus money amid a looming government debt default, plus jabs at Janet Yellen's grim demeanor.

In this bit6 moments
  • Biden is cracking down on how much money goes into and out of Americans' bank accounts.
  • The government is asking people to give back thousands of dollars in stimulus payments if they couldn't find employment.
  • Tim questions the logic of tracking Venmo transactions to find tax cheaters.
  • Janet Yellen, the treasury secretary, looks like a grandmother who delivers bad news.
  • Tim compares Yellen's appearance to the girl from Stranger Things but says he's just describing how she looks.
  • Yellen warned that the economy would fall into recession if Congress doesn't address the federal borrowing limit before October 18th.
Mentioned here

Janet YellenJoe BidenFederal Reserve

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