KY Senate candidate Matt Bevin responds to reports he supported TARP

Senate Minority Leader Mitch McConnell’s (R-KY) Republican challenger, Matt Bevin, has come under scrutiny for a document he signed supporting the $700 billion Troubled Asset Relief Program (TARP) and the government takeover of Fannie Mae and Freddie Mac. Glenn, who has interviewed Bevin several times over the last few months, invited him on radio this morning to discuss the situation.

“I didn’t actually write that letter,” Bevin told Glenn. “My position has always been the same.”

Politico reported early Tuesday that a memo bearing the signatures of Bevin and Bandi read:

Most of the positive developments have been government led, such as the effective nationalization of Fannie Mae and Freddie Mac, the passage of the $700 billion TARP (don’t call it a bailout) and the Federal Reserve’s intention to invest in commercial paper. These moves should help to stabilize asset prices and help to ease liquidity constraints in the financial system.

The document in question comes from Bevin’s time as an investment fund president in 2008. While he signed off on the memo, Daniel Bandi, chief investment officer and vice president of the fund, wrote it. According to Bevin, the opinions expressed were Bandi’s own.

“That letter? I did not write. I did not write any of the letters that were ever published as investment commentary,” Bevin said. “I was president and chairman of the board, and by SEC law, was required to sign prospectuses when sent out. I was not the investment guy. I never bought and sold the securities, so it would have been inappropriate and probably illegal, frankly, for me to have changed the investment commentary written by the sub-advisor to the fund who was responsible for that.”

Glenn has been open in praise of Bevin, but this story, regardless of its merits, does give pause. Upon being approached by Glenn’s staff this morning, Bevin was very willing to come on and clear the air – a decision Glenn admires.

“Listen, Matt. I will tell you I was very skeptical. I was thrilled to hear that you didn't hesitate at all when we called… [TheBlaze] will make sure everything you said is right. If it's wrong, that will also be posted on The Blaze,” Glenn said. “And that won't bode well for you. But, one way or another, we will post this on The Blaze and expose it… I will tell you, as a listener, I don't endorse anybody. I'm reserving my judgment. But I will tell you my gut says he's telling the truth.”

Below is the document in question bearing Bevin’s signature:

Bevin Docs

There are new curriculum standards being implemented into schools throughout the nation for health classes that not only go far beyond what's appropriate for young children, but are entrenched in clear political biases, too. Under the standards, third-graders are taught about hormone blockers and endless gender identities, and topics get shockingly graphic for kids as young as 11. Some schools are even teaching their teachers and kids to ignore what parents have to say about these topics. And the worst part may be that many parents are completely unaware what their children are being taught.

Tina Descovich, co-founder of Moms for Liberty, joined "The Glenn Beck Program" to explain exactly what you can ask at your next school board meeting to ensure this "horrifying" curriculum isn't being taught in your kid's school.

Watch the video clip below:

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It should come as no surprise that a newsworthy story receives more media coverage when released on a Monday than a Friday. The reason is in part due to a large number of news-consuming Americans checking out for the week to focus on their weekend plans rather than the news.

On Monday's radio program, Glenn Beck shared information that President Joe Biden decided to release on Friday — when fewer people would notice — regarding the Climate Finance report. This report is marketed to Americans as "A Roadmap To Build a Climate-Resilient Economy." But Glenn believes the report to be Biden's Great Reset warning shot to banks.

In this clip, Glenn warned that if Americans don't stand together, in eight years we all indeed will own nothing. Watch the clip for the full story. Can't watch? Download the podcast here.



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On today's radio program, Glenn Beck was joined by Bill O'Reilly to discuss the top stories of the week.

For O'Reilly, the biggest story this week centered around someone mysteriously missing from mainstream media news reports today: Mark Zuckerberg. Specifically, O'Reilly said it's the 'scandalous' way the Facebook CEO spent nearly $420 million to influence the 2020 election — and did so successfully.

Watch the clip to hear the full conversation. Can't watch? Download the podcast here.

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On Thursday's radio program, Grace Smith and her father, Andy, joined Glenn Beck on the phone and provided a first-hand account of Grace's refusal to wear a mask at school.

Smith, 16, began a maskless protest after her school district in Laramie, Wyoming, decided to implement a mask mandate. As a result, Grace received three suspensions, was issued two $500-citations, and was eventually arrested.

"How long were you in jail?" Glenn asked.

Grace said was taken to jail but was never booked nor was she was placed in a jail cell.

Glenn commended Grace's father, Andy, for raising such a "great citizen" and asked if it was Grace's idea to protest. Andy said it was Grace's idea, explaining that they took the position of arguing on the grounds of civil rights rather than the efficacy of wearing a mask.

Grace has since withdrawn from public school and started a home school program. She also told Glenn that she will continue to fight the school district, legally.

You can donate to Grace's legal fund here.

To hear more from this conversation click here.

Disclaimer: The content of this clip does not provide medical advice. Please seek the advice of local health officials for any COVID-19 and/or COVID vaccine related questions & concerns.

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