Plus: 22 federal raids hit Walz's Minnesota fraud ring, China's CCP enters emergency mode as the Strait of Hormuz stays closed, and the FCC moves on Disney's ABC license renewals across eight major markets — all in today's episode.

Senator Joni Ernst says she's found it. According to her referral letter and reporting by the Daily Wire, Biden administration officials at the Small Business Administration allegedly used the code word "Benghazi" in internal emails to conceal roughly $90 million in pandemic-era PPP loans funneled to Planned Parenthood after the organization had already been deemed ineligible. Now Ernst is asking the Department of Justice to investigate under a federal records statute that carries up to three years in prison for anyone who tries to conceal a federal record.

In today's episode, Chuck walks through the named  ...