Podcasts about Mnuchin

Former US Treasury Secretary Steven Mnuchin said he likes the idea of an across-the-board 10% duty, but markets need clarity and understanding. In an episode of "The David Rubenstein Show: Peer to Peer Conversations," Mnuchin explains that he anticipates lower rates next year and is predicting “about 4% 10-year Treasuries.” Mnuchin who worked under President Trump during his first term describes the debt ceiling as an important mechanism and hopes that the President focuses on Social Security reform in the second half of his term. This interview was recorded March 5 at Bloomberg Invest in New York. See omnystudio.com/listener for privacy information.

From this week's Moneyweek Magazine …Two rumours have been swirling around the gold markets for many years. Some have called them conspiracy theories. Others note that conspiracy theories often prove true. What's the difference between conspiracy and truth? About 30 years.The first is that China has far more gold than it says it does. We actually now know this to be true. The other is that America has far less than the 8,133 tonnes of gold it says it possesses.This rumour has been doing the rounds since 1971, when Peter Beter, a lawyer and financial adviser to former president John F. Kennedy, said he had been informed that gold in Fort Knox had been removed. He went on to write a best-selling book about it: The Conspiracy Against the Dollar.The problem is a total lack of transparency on the part of the US authorities, something that according to current US president Donald Trump, and the head of the Department of Government Efficiency, Elon Musk, will not be the case for much longer.Roosevelt triggers a boomBut to understand this situation we need to go back in time, all the way to 1933, when US president Franklin D. Roosevelt famously devalued the US dollar and revalued gold upwards by 70%, from $20 an ounce (oz) to $35/oz, in order to bolster growth. US gold reserves would increase to unprecedented levels in the next 15 years.Some of the gold came from US citizens. It was now illegal for them to own gold and they had to hand any they owned over to the authorities. Some came from the fact that the government then bought all US mined supply (the upwards revaluation of gold triggered a mining boom) and any gold imported to the US assay office. The US even began buying gold on foreign markets to protect the new higher price.Thus US official holdings in 1939 on the eve of World War II totalled 15,679 tonnes. They would only increase. With Nazi invasions, European nations sent all the gold they could across the Atlantic, either for safekeeping or to buy essential supplies; 1949 saw the high watermark of US gold holdings – 22,000 tonnes, as much as half of all the gold ever mined.In July 1944, with it clear that the Allies were going to win the war, representatives from the 44 Allied nations met at the Mount Washington Hotel in Bretton Woods for the United Nations Monetary and Financial Conference to design a new system of money for the new world order.International accounts would be settled in dollars, and those dollars were convertible to gold at $35/oz. Countries had to maintain exchange rates within 1% of the US dollar. In effect, the US was on a gold standard, and the rest of the world was on a dollar standard.The system relied on the integrity of the US dollar to work, and that integrity was in question, even before the end of the war. The June 1945 Federal Reserve Act reduced required gold reserves for notes outstanding from 40% to 25%, and against deposits from 35% to 25%. Between 1944 and 1954, because of increased supply, the dollar lost a third of its purchasing power, though the $35 Bretton Woods price remained.“Six major European countries,along with the UK, co-ordinated sales to suppress the gold price”US government spending was soaring, and it began running balance of payments deficits – made worse by the costs of foreign aid, America's new welfare systems and maintaining a military presence in Europe and Asia. Gold began leaving the US. By 1965 reserves had fallen by 9,500 tonnes, down 40% from the 1949 peak.Successive US administrations tried to stop the outflow, without success. Dwight D. Eisenhower banned Americans from buying gold overseas, Kennedy imposed the “equalisation tax” on foreign investments, and Lyndon B. Johnson discouraged Americans from travelling altogether. “We may need to forgo the pleasures of Europe for a while,” he said.Fears that the dollar would devalue following the election (won by Kennedy) sent the gold price in London to $40/oz. The Bank of England, in collusion with the Federal Reserve, began increasing gold sales to keep the price down.Thus did the London gold pool begin, with the addition of six major European nations the following year (Belgium, France, the Netherlands, West Germany, Italy and Switzerland), which co-ordinated sales to suppress, or “stabilise”, to use their word, the gold price and defuse unwanted, upward market pressure.But the pool struggled against growing demand. In 1965, an ounce of gold was still $35, but the purchasing power of the dollar had decreased by 57% from 1945, while gold reserves had also fallen sharply. The culprit was the costs of the US government, in particular the Vietnam War and president Johnson's enormous welfare spending.If you are buying gold to protect yourself in these uncertain times - and you should if you do not already own some - as always I recommend The Pure Gold Company. Pricing is competitive, quality of service is high. They deliver to the UK, the US, Canada and Europe or you can store your gold with them. More here.Bretton Woods under pressureWith inflation rising at home and international confidence in the dollar waning, these programmes were not just costly – they undermined Bretton Woods. Non-American nations felt aggrieved that they had to produce $100 worth of goods and services to get a $100 bill, when the US could just print one. French finance minister Valéry Giscard d'Estaing called it “America's exorbitant privilege”.President de Gaulle, meanwhile, had had enough. He ignored the pool to turn all French dollars and sterling balances into gold. The French even sent battleships to New York to collect their gold. De Gaulle became the target of several assassination attempts – coincidence, I'm sure. There were rather more US dollars in the world than there was gold to back them, he felt, and he was right.By 1967, US foreign liabilities were $36bn, but it only had $12bn in gold reserves – a third of what was needed to back the dollar. West Germany, Spain and Switzerland began demanding gold for their dollars. Even the British, with sterling going through one of its quadrennial collapses, asked the Americans to prepare $3bn worth of Fort Knox gold for withdrawal. Private gold demand was overwhelming.“The floor of the Bank of England's weighing room collapsed under the weight of all the bullion”In November 1967, the British government devalued the pound by 14%, from $2.80 to $2.40, in order to “achieve a substantial surplus on the balance of payments consistent with economic growth and full employment”.In that month, the London market saw greater bullion demand than it would typically see in nine: as much as 100 tonnes per day. To stem demand they banned forward buying, leverage and the purchase of gold with credit. The pool still lost 1,400 tonnes that year, more than a whole year's mined supply.Selling pressure on the US dollar only increased when the Viet Cong and North Vietnamese People's Army of Vietnam launched the first of a series of surprise attacks on US armed forces in South Vietnam in January 1968.Desperate to prop up the system, US military aircraft flew tonne after tonne of gold to RAF Lakenheath from where it was trucked in military convoys to the back entrance of the Bank of England: at one point the floor of the Bank of England's weighing room collapsed under the weight of all the gold.You really should subscribe to this amazing publication.Shoring up the systemIn the four days between 11 March and 14 March 1968, some 780 tonnes were sold to market. The effort to protect the price was deemed hopeless. On 15 March, UK chancellor Roy Jenkins declared a bank holiday, and the gold market was closed for a fortnight, “at the request of the United States”.Zurich also closed. Paris stayed open with gold trading at a 25% premium. All in all, the final 15 months saw over 3,000 tonnes sold to market to protect that $35 price. The pool had lost more than an eighth of its reserves.Two days later, in the rushed-through Washington Agreement, governors of the central banks in the gold pool declared there would be one fixed gold marketfor official government transactions at $35/oz and another, free-market, price for private transactions. Not for the last time, central bankers were living in a world of their own.Gold is one thing. Gold standards are another. They tend not to last, particularly bogus ones such as this one, under which citizens themselves did not handle gold. Keynes called them barbarous – ironic, perhaps, given that he was one of the architects of this one.In August 1971, president Nixon took the US off the gold standard, a “temporary” measure that remains more than 50 years later. For the first time in history, gold – Switzerland aside – played no part in the global monetary system.Of course it was the fault of the speculators. It always is. “I have directed the secretary of the Treasury to take the action necessary to defend the dollar against the speculators,” Nixon said, deflecting responsibility, and “to suspend temporarily the convertibility of the dollar into gold”.High time for a US gold auditThe US keeps its gold in four places: at Fort Knox, Kentucky (roughly 56% of its 8,133 tonnes); at the Federal Reserve Bank of New York (8%); and the remaining 36% at the mints in Denver and West Point. There has not been a proper public audit of this gold since 1953. There have been internal audits, especially between 1974 and 1986, but these were not transparent.There are many people, among them gold experts, who do not believe the gold is there. The US spent it trying to suppress the gold price in the 1960s, theysay. But in this new age of American transparency, both Trump and Musk have repeatedly pledged that this gold will be audited.There is talk of it being done on a livestream. Trump has even suggested the gold has been stolen. “We're actually going to Fort Knox to see if the gold is there,” he said, “because maybe somebody stole the gold. Tonnes of gold.”They've been making such light of it, one has to assume they know the gold is there. Musk was laughing about the conspiracies on podcasts, and he even posted a picture of a Fort Knox starter kit: a brick and some gold spray. I can't see how they would be joking if there were any serious doubts.Secretary of the Treasury, Scott Bessent, has said quite categorically that the gold is there. The last audit was in September 2024, he said in a recent Bloomberg interview, before looking down the camera and assuring the US people that “all the gold is present and accounted for”. But this would only have been an internal audit, and it would not have been a full audit.According to the US Mint, “the only gold removed has been very small quantities used to test the purity of gold during regularly scheduled audits”. No other gold has been transferred to or from the depository “for many years”. How long is many years, though? As far back as the 1960s?It's quite astonishing just how secretive the whole thing is. They opened the vaults for a congressional delegation and certain members of the press to view the gold in 1974. There were rumours swirling about then too. “We've never done this before and we'll probably never do it again,” said the then director of the US Mint Mary Brooks.“The gold commonly confiscated under Roosevelt contained some copper, and is not pure enough for sale”Then in 2017, during Trump's first administration, Treasury secretary Steven Mnuchin and Senate majority leader Mitch McConnell were invited to view the gold. “The gold was there,” Mnuchin said. He is “sure” nobody's moved it. There are “serious security protocols in place”. But there are more than 4,000 tonnes in Fort Knox. A tonne would be about the size of a medium to large suitcase. Did he see all 4,000 of them?The other big issue is the purity of the gold. What is there might not all be of good delivery quality, meaning it would not be readily accepted in international bullion markets. If much of the gold is the bullion Roosevelt confiscated in the 1930s, it will be in the form of “coinmelt”: melted down coins.The commonly confiscated coins, such as the $20 double eagle, were only 90% pure and mixed with copper to make them harder. When melted down, they were not always properly refined to modern standards, while the bars they were melted into weighed 320-330 ounces, not the 400 oz bars of good delivery standard today. In practice, this means Fort Knox gold would not be accepted without additional processing.But, until a proper audit takes place, this is all speculation, albeit reasoned speculation. We don't know the full facts. The reasons given for not conducting a full audit are flimsy: we don't need to, it would be too much of an undertaking. Please!If the US gold turns out not to be there, then the gold price goes up – potentially a lot. If it is there, it's business as usual.For now, I'd say the markets are behaving as though it is business as usual. They are climbing, and every dip is being bought, largely, it seems, by central banks (especially in Asia), who are diversifying their holdings and de-dollarising. But this audit cannot come quickly enough.Large volumes of physical gold - over 1,000 tonnes by some counts - have recently been transferred from London to New York. One theory is that was the gold was transferred in anticipation of tariffs. Another is that it was the US buying ahead of its audit. We will soon find out.Finally, I would just like to debunk one theory doing the rounds. US gold is currently marked to market at $42/oz. After the audit, those 8,133 tonnes – assuming they are there and of good delivery quality – could be marked to market at current prices, meaning a significant uplift in the value of holdings.The theory doing the rounds is that Treasury ecretary Bessent will use some of the upwards revaluation to monetise the balance sheet – not unlike how Roosevelt did in 1933 – to create funds for, among other things, the strategic bitcoin reserve. But Bessent has quite clearly stated that is not his intention.This article first appeared in Moneyweek Magazine. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

From this week's Moneyweek Magazine …Two rumours have been swirling around the gold markets for many years. Some have called them conspiracy theories. Others note that conspiracy theories often prove true. What's the difference between conspiracy and truth? About 30 years.The first is that China has far more gold than it says it does. We actually now know this to be true. The other is that America has far less than the 8,133 tonnes of gold it says it possesses.This rumour has been doing the rounds since 1971, when Peter Beter, a lawyer and financial adviser to former president John F. Kennedy, said he had been informed that gold in Fort Knox had been removed. He went on to write a best-selling book about it: The Conspiracy Against the Dollar.The problem is a total lack of transparency on the part of the US authorities, something that according to current US president Donald Trump, and the head of the Department of Government Efficiency, Elon Musk, will not be the case for much longer.Roosevelt triggers a boomBut to understand this situation we need to go back in time, all the way to 1933, when US president Franklin D. Roosevelt famously devalued the US dollar and revalued gold upwards by 70%, from $20 an ounce (oz) to $35/oz, in order to bolster growth. US gold reserves would increase to unprecedented levels in the next 15 years.Some of the gold came from US citizens. It was now illegal for them to own gold and they had to hand any they owned over to the authorities. Some came from the fact that the government then bought all US mined supply (the upwards revaluation of gold triggered a mining boom) and any gold imported to the US assay office. The US even began buying gold on foreign markets to protect the new higher price.Thus US official holdings in 1939 on the eve of World War II totalled 15,679 tonnes. They would only increase. With Nazi invasions, European nations sent all the gold they could across the Atlantic, either for safekeeping or to buy essential supplies; 1949 saw the high watermark of US gold holdings – 22,000 tonnes, as much as half of all the gold ever mined.In July 1944, with it clear that the Allies were going to win the war, representatives from the 44 Allied nations met at the Mount Washington Hotel in Bretton Woods for the United Nations Monetary and Financial Conference to design a new system of money for the new world order.International accounts would be settled in dollars, and those dollars were convertible to gold at $35/oz. Countries had to maintain exchange rates within 1% of the US dollar. In effect, the US was on a gold standard, and the rest of the world was on a dollar standard.The system relied on the integrity of the US dollar to work, and that integrity was in question, even before the end of the war. The June 1945 Federal Reserve Act reduced required gold reserves for notes outstanding from 40% to 25%, and against deposits from 35% to 25%. Between 1944 and 1954, because of increased supply, the dollar lost a third of its purchasing power, though the $35 Bretton Woods price remained.“Six major European countries,along with the UK, co-ordinated sales to suppress the gold price”US government spending was soaring, and it began running balance of payments deficits – made worse by the costs of foreign aid, America's new welfare systems and maintaining a military presence in Europe and Asia. Gold began leaving the US. By 1965 reserves had fallen by 9,500 tonnes, down 40% from the 1949 peak.Successive US administrations tried to stop the outflow, without success. Dwight D. Eisenhower banned Americans from buying gold overseas, Kennedy imposed the “equalisation tax” on foreign investments, and Lyndon B. Johnson discouraged Americans from travelling altogether. “We may need to forgo the pleasures of Europe for a while,” he said.Fears that the dollar would devalue following the election (won by Kennedy) sent the gold price in London to $40/oz. The Bank of England, in collusion with the Federal Reserve, began increasing gold sales to keep the price down.Thus did the London gold pool begin, with the addition of six major European nations the following year (Belgium, France, the Netherlands, West Germany, Italy and Switzerland), which co-ordinated sales to suppress, or “stabilise”, to use their word, the gold price and defuse unwanted, upward market pressure.But the pool struggled against growing demand. In 1965, an ounce of gold was still $35, but the purchasing power of the dollar had decreased by 57% from 1945, while gold reserves had also fallen sharply. The culprit was the costs of the US government, in particular the Vietnam War and president Johnson's enormous welfare spending.If you are buying gold to protect yourself in these uncertain times - and you should if you do not already own some - as always I recommend The Pure Gold Company. Pricing is competitive, quality of service is high. They deliver to the UK, the US, Canada and Europe or you can store your gold with them. More here.Bretton Woods under pressureWith inflation rising at home and international confidence in the dollar waning, these programmes were not just costly – they undermined Bretton Woods. Non-American nations felt aggrieved that they had to produce $100 worth of goods and services to get a $100 bill, when the US could just print one. French finance minister Valéry Giscard d'Estaing called it “America's exorbitant privilege”.President de Gaulle, meanwhile, had had enough. He ignored the pool to turn all French dollars and sterling balances into gold. The French even sent battleships to New York to collect their gold. De Gaulle became the target of several assassination attempts – coincidence, I'm sure. There were rather more US dollars in the world than there was gold to back them, he felt, and he was right.By 1967, US foreign liabilities were $36bn, but it only had $12bn in gold reserves – a third of what was needed to back the dollar. West Germany, Spain and Switzerland began demanding gold for their dollars. Even the British, with sterling going through one of its quadrennial collapses, asked the Americans to prepare $3bn worth of Fort Knox gold for withdrawal. Private gold demand was overwhelming.“The floor of the Bank of England's weighing room collapsed under the weight of all the bullion”In November 1967, the British government devalued the pound by 14%, from $2.80 to $2.40, in order to “achieve a substantial surplus on the balance of payments consistent with economic growth and full employment”.In that month, the London market saw greater bullion demand than it would typically see in nine: as much as 100 tonnes per day. To stem demand they banned forward buying, leverage and the purchase of gold with credit. The pool still lost 1,400 tonnes that year, more than a whole year's mined supply.Selling pressure on the US dollar only increased when the Viet Cong and North Vietnamese People's Army of Vietnam launched the first of a series of surprise attacks on US armed forces in South Vietnam in January 1968.Desperate to prop up the system, US military aircraft flew tonne after tonne of gold to RAF Lakenheath from where it was trucked in military convoys to the back entrance of the Bank of England: at one point the floor of the Bank of England's weighing room collapsed under the weight of all the gold.You really should subscribe to this amazing publication.Shoring up the systemIn the four days between 11 March and 14 March 1968, some 780 tonnes were sold to market. The effort to protect the price was deemed hopeless. On 15 March, UK chancellor Roy Jenkins declared a bank holiday, and the gold market was closed for a fortnight, “at the request of the United States”.Zurich also closed. Paris stayed open with gold trading at a 25% premium. All in all, the final 15 months saw over 3,000 tonnes sold to market to protect that $35 price. The pool had lost more than an eighth of its reserves.Two days later, in the rushed-through Washington Agreement, governors of the central banks in the gold pool declared there would be one fixed gold marketfor official government transactions at $35/oz and another, free-market, price for private transactions. Not for the last time, central bankers were living in a world of their own.Gold is one thing. Gold standards are another. They tend not to last, particularly bogus ones such as this one, under which citizens themselves did not handle gold. Keynes called them barbarous – ironic, perhaps, given that he was one of the architects of this one.In August 1971, president Nixon took the US off the gold standard, a “temporary” measure that remains more than 50 years later. For the first time in history, gold – Switzerland aside – played no part in the global monetary system.Of course it was the fault of the speculators. It always is. “I have directed the secretary of the Treasury to take the action necessary to defend the dollar against the speculators,” Nixon said, deflecting responsibility, and “to suspend temporarily the convertibility of the dollar into gold”.High time for a US gold auditThe US keeps its gold in four places: at Fort Knox, Kentucky (roughly 56% of its 8,133 tonnes); at the Federal Reserve Bank of New York (8%); and the remaining 36% at the mints in Denver and West Point. There has not been a proper public audit of this gold since 1953. There have been internal audits, especially between 1974 and 1986, but these were not transparent.There are many people, among them gold experts, who do not believe the gold is there. The US spent it trying to suppress the gold price in the 1960s, theysay. But in this new age of American transparency, both Trump and Musk have repeatedly pledged that this gold will be audited.There is talk of it being done on a livestream. Trump has even suggested the gold has been stolen. “We're actually going to Fort Knox to see if the gold is there,” he said, “because maybe somebody stole the gold. Tonnes of gold.”They've been making such light of it, one has to assume they know the gold is there. Musk was laughing about the conspiracies on podcasts, and he even posted a picture of a Fort Knox starter kit: a brick and some gold spray. I can't see how they would be joking if there were any serious doubts.Secretary of the Treasury, Scott Bessent, has said quite categorically that the gold is there. The last audit was in September 2024, he said in a recent Bloomberg interview, before looking down the camera and assuring the US people that “all the gold is present and accounted for”. But this would only have been an internal audit, and it would not have been a full audit.According to the US Mint, “the only gold removed has been very small quantities used to test the purity of gold during regularly scheduled audits”. No other gold has been transferred to or from the depository “for many years”. How long is many years, though? As far back as the 1960s?It's quite astonishing just how secretive the whole thing is. They opened the vaults for a congressional delegation and certain members of the press to view the gold in 1974. There were rumours swirling about then too. “We've never done this before and we'll probably never do it again,” said the then director of the US Mint Mary Brooks.“The gold commonly confiscated under Roosevelt contained some copper, and is not pure enough for sale”Then in 2017, during Trump's first administration, Treasury secretary Steven Mnuchin and Senate majority leader Mitch McConnell were invited to view the gold. “The gold was there,” Mnuchin said. He is “sure” nobody's moved it. There are “serious security protocols in place”. But there are more than 4,000 tonnes in Fort Knox. A tonne would be about the size of a medium to large suitcase. Did he see all 4,000 of them?The other big issue is the purity of the gold. What is there might not all be of good delivery quality, meaning it would not be readily accepted in international bullion markets. If much of the gold is the bullion Roosevelt confiscated in the 1930s, it will be in the form of “coinmelt”: melted down coins.The commonly confiscated coins, such as the $20 double eagle, were only 90% pure and mixed with copper to make them harder. When melted down, they were not always properly refined to modern standards, while the bars they were melted into weighed 320-330 ounces, not the 400 oz bars of good delivery standard today. In practice, this means Fort Knox gold would not be accepted without additional processing.But, until a proper audit takes place, this is all speculation, albeit reasoned speculation. We don't know the full facts. The reasons given for not conducting a full audit are flimsy: we don't need to, it would be too much of an undertaking. Please!If the US gold turns out not to be there, then the gold price goes up – potentially a lot. If it is there, it's business as usual.For now, I'd say the markets are behaving as though it is business as usual. They are climbing, and every dip is being bought, largely, it seems, by central banks (especially in Asia), who are diversifying their holdings and de-dollarising. But this audit cannot come quickly enough.Large volumes of physical gold - over 1,000 tonnes by some counts - have recently been transferred from London to New York. One theory is that was the gold was transferred in anticipation of tariffs. Another is that it was the US buying ahead of its audit. We will soon find out.Finally, I would just like to debunk one theory doing the rounds. US gold is currently marked to market at $42/oz. After the audit, those 8,133 tonnes – assuming they are there and of good delivery quality – could be marked to market at current prices, meaning a significant uplift in the value of holdings.The theory doing the rounds is that Treasury ecretary Bessent will use some of the upwards revaluation to monetise the balance sheet – not unlike how Roosevelt did in 1933 – to create funds for, among other things, the strategic bitcoin reserve. But Bessent has quite clearly stated that is not his intention.This article first appeared in Moneyweek Magazine. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

Former Treasury Secretary Steven Mnuchin discounted risks of a US recession, and played down the current selloff in equities, advising investors against overreacting to President Donald Trump’s aggressive trade tactics.“We came in with the market being fully priced, so I think a 5% to 10% correction on the S&P or the Nasdaq actually makes sense,” Mnuchin said in an interview with Bloomberg’s Saleha Mohsin Thursday. He spoke as the S&P 500 Index added to its recent selloff, with the gauge heading for its lowest close since September. Thursday’s drop followed threats by Trump to impose a 200% tariff on European alcoholic beverages, in the latest escalation in a growing transatlantic trade war.See omnystudio.com/listener for privacy information.

As we continue to look at Jean Luc Brunel and his ties to Epstein, we come to the odd relationship between Mnuchin and the Brunel brothers and in this episode, we explore how they know each other and what sort of business relationship they had.(Commercial at 13:07)To contact me:Bobbycapucci@protonmail.comSource:https://www.thedailybeast.com/steven-mnuchins-mysterious-link-to-creepy-epstein-model-scout-jean-luc-brunelBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.

On the first trading day since President Trump began his second term in White House, Carl Quintanilla, Jim Cramer and David Faber covered all of the bases regarding what the change in the presidency could mean for investors. The anchors discussed tariffs, tech titans at the inauguration, and the flurry of executive orders the president signed -- including one which halts the ban of TikTok. Former Treasury Secretary Steven Mnuchin joined the program to discuss the future for TikTok and the new Trump administration. Also in focus: Apple slides on a downgrade, 3M leads the earnings winners. Squawk on the Street Disclaimer

Nov 16, 2021In the Hot Notes: Alex Jones is on the hook for all legal fees stemming from Sandy Hook lawsuits; Mnuchin and Pompeo discussed ousting Trump on January 6th; Michael Flynn pressured contacts within the Department of Defense to overturn the 2020 election; Pfizer is seeking FDA EUA for it's covid 19 antiviral pill; plus Allison and Dana deliver your Good News.Our Guest:Rick Smithhttps://twitter.com/RickSmithShowhttps://www.thericksmithshow.com/Ruth Ben-Ghiat, author of STRONGMENhttps://www.bookbub.com/books/strongmen-by-ruth-ben-ghiat-2021-1 Check out other MSW Media podcastshttps://mswmedia.com/shows/Subscribe for free to MuellerSheWrote on Substackhttps://muellershewrote.substack.comFollow AG and Dana on Social MediaDr. Allison Gill substack|Muellershewrote, twitter|@MuellerSheWrote, threads|@muellershewrote, TikTok|@muellershewrote, IG|muellershewroteDana Goldbergtwitter|@DGComedy, IG|dgcomedy, facebook|dgcomedy, IG|dgcomedy, danagoldberg.comHave some good news; a confession; or a correction to share?Good News & Confessions - The Daily Beanshttps://www.dailybeanspod.com/confessional/ Listener Survey:http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=shortFollow the Podcast on Apple:The Daily Beans on Apple PodcastsWant to support the show and get it ad-free and early?Supercasthttps://dailybeans.supercast.com/Patreon https://patreon.com/thedailybeansOr subscribe on Apple Podcasts with our affiliate linkThe Daily Beans on Apple Podcasts

Jun 15, 2020Protests continue into their 19th day, Mnuchin refuses to disclose where $500B in coronavirus aid went, Ohio GOP state senator fired from his ER doctor job after racist comments, the Senate Judiciary Committee gives Graham subpoena power to review the Russia investigation, Trump moves RNC to Jacksonville on the week of the anniversary of Ax Handle Saturday, oral arguments in Flynn mandamus case, White House is pivoting to blame Mexico for spike in coronavirus cases, Trump moves Tulsa rally after massive backlash for holding it on Juneteenth, Minneapolis police chief is in the hot seat, Betsy DeVos is blocked by the courts, again, QAnon conspiracies, and Border Patrol spends money meant for food and medicine on dirt bikes. Glenn Kirschnerhttps://twitter.com/glennkirschner2https://www.youtube.com/glennkirschner2https://podcasts.apple.com/us/podcast/justice-matters-with-glenn-kirschner/id1526751534 Live Show Ticket Links:https://allisongill.com (for all tickets and show dates)Wednesday July 10th – Portland OR – Polaris Hall(with Dana!)Thursday July 11th – Seattle WA – The Triple Door(with Dana!)Thursday July 25th Milwaukee, WI https://tinyurl.com/Beans-MKESunday July 28th Nashville, TN - with Phil Williams https://tinyurl.com/Beans-TennWednesday July 31st St. Louis, MO https://tinyurl.com/Beans-STLFriday August 16th Washington, DC - with Andy McCabe, Pete Strzok, Glenn Kirschner https://tinyurl.com/Beans-in-DCSaturday August 24 San Francisco, CA https://tinyurl.com/Beans-SF Listener Survey:http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=shortFollow the Podcast on Apple:The Daily Beans on Apple PodcastsWant to support the show and get it ad-free and early?Supercasthttps://dailybeans.supercast.com/OrPatreon https://patreon.com/thedailybeansOr subscribe on Apple Podcasts with our affiliate linkThe Daily Beans on Apple Podcasts

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Chuck Zodda and Marc Fandetti take a look at how booming corporate profits are shielding the economy. Walmart is the next test for traders worried about consumer spending. Wall Street can't track Americans 'phantom debt'. Pandemic-era winners have lost $1.5 trillion in market value. Mnuchin is changing his tune about the strength of the US dollar. Massachusetts is seeking ways to retain young workers that are fleeing the state. 

Ik ben geen fan van TikTok. Alleen al vanwege het feit dat Chinese kinderen opvoedkundig verantwoorde video's te zien krijgen en er per dag maximaal veertig minuten op mogen zitten, terwijl westerse kinderen de hele dag stompzinnige dans- en kattenfilmpjes zien. Het geeft wel aan hoe groot de invloed van China op TikTok is. Dat dat land de data in handen heeft van TikTok-gebruikers, lijkt mij geen groot veiligheidsrisico. Het risico dat de Amerikaanse jeugd afstompt door naar verslavende op endorfine gerichte dansfilmpjes te kijken, is een stuk groter. En nu grijpt de Amerikaanse overheid dus in. TikTok USA moet binnen 270 dagen verkocht worden of stoppen. Al kan je wel vraagtekens zetten bij de rechtszekerheid in de Verenigde Staten. Als dergelijke wetgeving zo snel door het parlement wordt gejaagd, zonder dat politici hard bewijs van spionage hebben gezien, geeft dat te denken. Maar TikTok kon blijkbaar ook geen tegenbewijs overleggen. En wie is dan het volgende slachtoffer? De case dat ook ASML een veiligheidsrisico is, is zo gemaakt. Ik chargeer natuurlijk, maar u begrijpt de stelling. Een gedwongen verkoop gaat over het algemeen tegen een ramsjprijs, wat waarschijnlijk ook bij TikTok USA het geval zal zijn. Diverse gieren cirkelen er al boven. Ook meneer Mnuchin, die minister van financiën was in de regering van Trump. Ligt het aan mij, of ben ik de enige die het raar vindt dat een voormalig politicus een bedrijf wil kopen dat door de regering verplicht in de etalage wordt gezet. Pikant detail is dat Trump nu tegen is. Toen hij nog president was, wilde hij juist een verkoop doordrukken. Hoe dat te rijmen is met zijn anti-China-campagne, is mij een raadsel. Is het omdat zijn vriend en medestander Jeff Yass 15% van de aandelen ByteDance, het moederbedrijf van TikTok, bezit? Of zou Trump hopen op de stem van alle jonge TikTok-kiezers bij de komende presidentsverkiezingen? Grappig is dat beide kandidaten het sociale medium in hun campagne inzetten. Ik ben voorstander van een TikTok-dieet. De maatschappij is volgens mij beter af met minder zinloze filmpjes. Of het een beveiligingsrisico is, is moeilijk te beoordelen. Ik sluit niet uit dat China de verkoop van TikTok USA verbiedt. Ja, Bytedance zal het meest winstgevende deel van zijn bedrijf verliezen. Maar naast Jeff Yass zitten er nog meer grote Amerikaanse aandeelhouders in Bytedance, zoals de private-equitypartijen General Atlantic, Susquehanna en Sequoia Capital. Wordt de wereld anders zonder TikTok? Nee, consumenten schakelen gewoon over naar Amerikaanse concurrenten met soortgelijke verslavende filmpjes, zoals Reels van Youtube, of Instagram. De wereld kan goed zonder TikTok, te goed zelfs. De tijd voor TikTok zit erop. Tik, tik, tik. Over de column van Corné van Zeijl Corné van Zeijl is analist en strateeg bij Cardano en belegt ook privé. Reageer via c.zeijl@cardano.com. Deze column kun je ook iedere donderdag lezen in het FD.See omnystudio.com/listener for privacy information.

Ryan and Emily discuss Bibi defying Biden on Rafah invasion after call, top Israel spokesman suspended, Kushner says Gaza waterfront valuable, Steve Mnuchin floats buying TikTok, Bernie fights with Fox reporter on 32 hour work week, Peter Navarro reports for prison, SCOTUS says Texas can arrest and deport migrants, NYT praises deepstate, Havana syndrome investigation prove its fake, Honduras goes to war with crypto bros.   To become a Breaking Points Premium Member and watch/listen to the show AD FREE, uncut and 1 hour early visit: https://breakingpoints.supercast.com/ Merch Store: https://shop.breakingpoints.com/See omnystudio.com/listener for privacy information.

Join Rebecca, Alison and Liz for a journey through the history and principles behind the U.S. exempting churches from taxation! We discuss the practice of tax exemption for charitable organizations, including churches, the major cases about the constitutionality of these ideas, and abuses of the Johnson Amendment.    Background History of churches and taxes 2024 State of the Secular States report FFRF FAQ on churches and tax exemption Churchtrac - The State of Church Giving: Trends and Statistics (2024) IRS requirements for church audits Other podcasts that talk about church taxation Tax Chat Evangelicalish Cases Trinidad v. Sagrada Orden (1924) Walz v. Tax Commission of the City of New York (1970) FFRF's IRS Cases FFRF v. Geithner (2014) FFRF v. Daniel Werfel (2014) Gaylor v. Mnuchin (2016) Nonbelief Relief v. Kautter (2019) Texas Monthly v. Bullock (1989) McCulloch v. Maryland (1819)     Check us out on Instagram, Facebook, and X. Our website, we-dissent.org, has more information as well as episode transcripts.

Facts & Spins for March 16, 2024 Top Stories: Viktor Orban declares he wants to 'Occupy Brussels' in EU elections, Voting in Russia's electoral contest is underway, Pres. Abbas names a new prime minister in a re-org of the Palestinian Authority, 60 migrant fatalities are reported in a tragic Mediterranean accident, The Spanish Congress passes an amnesty law for Catalan separatists, A judge rules Fani Willis can prosecute Trump's Ga. election case as Nathan Wade steps down, The father of Michigan school shooter Ethan Crumbley is convicted of manslaughter, SCOTUS makes key rulings on public officials' social media use, A study finds neurological conditions are the top cause of poor health worldwide, and Steve Mnuchin forms a team to try to buy TikTok. Sources: https://www.verity.news/  

5pm - Man accused of child rape in Bremerton was last seen jumping off the Narrows bridge in 2009, presumed dead…  He was just found in Los Angeles… still dead, but much older // Mnuchin putting together an investment group to buy TikTok // Jack does his best John Curley impression on taxes // LETTERS

TGIFA) Three Things You Need to KnowMnuchin ManiaAmazon's First Ever Spring SaleProducer Prices Higher than ExpectedB) What is St Patrick's Day All About?C) PIPS POTD Falldown FridayTrade while you sleep and across time zones with Arbitrage Trade AssistVisit arbitragetrade.com NFA. We offer a Service at ArbitrageTrade.com#new, #finance,#ForYou, #Mnuchin, #Amazon, #AmazonPrime, #SpringSale, #PPI, #Inflation, #TikTokSupport this show http://supporter.acast.com/arbitrage. Hosted on Acast. See acast.com/privacy for more information.

Dagens erhvervsoverblik: Investorer frygter Fisker-konkurs og aktien styrtdykker igen. Mærsk-formand ser en ny virkelighed for shipping formet af geopolitik. Rolex-forhandler ransaget mistænkt for svindel. Aktionærer vil have klarhed om DSV's projekt i Saudi-Arabien. Pensionsselskaber kæmper med Skat. Mnuchin vil prøve at købe Tiktok. Vært: Lasse Ladefoged (lala@borsen.dk)

Today on America in the Morning   Schumer Wants Netanyahu Out Senate Majority Leader Chuck Schumer is facing backlash from both sides of the political aisle, and the White House, after he took to the Senate floor and said that it's time for Israelis to elect a new leader, labeling Prime Minister Benjamin Netanyahu an obstacle to peace. Washington correspondent Sagar Meghani reports.     Two Court Hearings For Trump As the Republican presumptive nominee for the third straight election, Donald Trump's legal issues continue to dog his campaign. John Stolnis reports from Washington on some developments yesterday in two of the four cases against him.    School Shooter Dad Convicted A Michigan jury has convicted the father of a school shooter in a landmark case where the parents were found guilty for their son's actions. America in the Morning's Jeff McKay reports    Navarro Loses Last Appeal An appeals court has denied a request from a former Trump administration official to stay out of jail. Correspondent Jackie Quinn reports that the final denial for Peter Navarro means he must report to prison next week.    Biden To Michigan President Biden went on the road and spent Thursday campaigning in Michigan. Correspondent Clayton Neville reports.        New Migrant Flight Rules A new federal airport security requirement for immigrants travelling without passports on domestic flights is prompting confusion, for both migrants and advocacy groups. Correspondent Norman Hall reports.     Mnuchin Wants TikTok One day after the House voted overwhelmingly to force ByteDance's TikTok to either divest itself from China or face a ban in the US, legislation that also has the support of President Joe Biden, former Treasury Secretary Steven Mnuchin is building an investor group to acquire the popular social media app. Correspondent Jackie Quinn reports.      A 4-Day Work Week Legislation was introduced this week on Capitol Hill that proposes a shorter work week in America. Correspondent Clayton Neville has the details.     Judge Rules Against Trump On Documents It was a busy day in two courts for Donald Trump and his legal team. In New York, prosecutors have told the judge overseeing the hush money case involving Stormy Daniels that they're willing to delay the trial until late-April. In Florida, with Trump in attendance, the Federal judge in the former president's classified documents case ruled against dismissing the charges. Correspondent Norman Hall reports.     Harris Visits Abortion Clinic While President Biden was campaigning in Michigan, Kamala Harris went to Minnesota, and in the process, became the first Vice President to visit an abortion provider. Sue Aller reports.     Bad Weather In America It was Colorado's biggest snow in three years, with the city of Boulder and the Denver suburbs receiving a foot, and areas near Aspen two feet of heavy snow, and it's not over yet. Another storm system moving from Arkansas to Ohio brought thunderstorms and tornadoes to the small town of Winchester, Indiana, where at least three people are dead.    Tennessee Proposing New Migrant Rules The Republican-led Tennessee House has advanced a proposal that would require law enforcement agencies in the state to communicate with federal immigration authorities if they discover people are in the country illegally. Lisa Dwyer reports.     Biden Saying No To Steel Merger There was concern on Capitol Hill when a planned sale of Pittsburgh-based U.S. Steel to Nippon Steel of Japan was announced, and now President Joe Biden is chiming in, saying he is also opposed to the agreement. Correspondent Donna Warder has more.     Cockfighting Comeback A long-since-banned activity in Oklahoma may be making a comeback. Correspondent Ed Donahue reports the Sooner State is considering weakening the rules regarding cockfighting.      Learn more about your ad choices. Visit podcastchoices.com/adchoices

Former Treasury Secretary Steven Mnuchin said Thursday he's assembling a team of investors to make a bid to buy TikTok.  This comes a day after the House passed a measure to ban the Chinese-owned social media giant or force a sale to a US-operated owner.  “It's a great business and I'm going to put together a group to buy TikTok,” Mnuchin said in an interview on CNBC Thursday morning. Even though TikTok is likely unprofitable, “it's worth a lot of money,” he added.  Mnuchin said he would give existing US investors the option to roll over their stakes in TikTok but stressed that no entity would have more than 10% control. But he declined to name any individuals on the team he's putting together.  “There's no way that the Chinese would ever let a US company own something like this in China,” he said. From his time in the administration, he said he's seen evidence that having TikTok on your phone gives it the ability to “collect an awful lot of data.”  But ByteDance, the parent company of TikTok, may never be allowed to be sold to any company outside of China because of measures the government began putting into place in 2020. The Chinese government deems TikTok a sensitive technology and officials have said they'd oppose any forced sale that would involve exporting it into the hands of a foreign owner.  Mnuchin and TikTok didn't immediately respond to CNN's requests for comment.  Dan Ives, senior equity analyst at Wedbush Securities, told CNN that ByteDance and China will “never” sell TikTok with the source code — the “special sauce” that makes the app so successful and valuable.  “Without the source code, this would be like buying an F1 car without the engine. It would be illogical,” Ives said.  Mnuchin, though, said he's looking to find a solution where the Chinese government will allow TikTok to be sold without a technology transfer.  Mnuchin, who now leads Liberty Strategic Capital, a private equity firm, was an early advocate for forcing a sale of TikTok to a US company. But he faced opposition from other members of former President Donald Trump's cabinet when the sale was proposed in 2020. Trump supported a ban at the time. He's since changed his stance, arguing that it would benefit Facebook.  “Facebook has been very bad for our country,” he said in a separate interview on CNBC earlier in the week. Meta, the parent company of Facebook, didn't immediately respond to CNN.  “I believe he would support a sale,” Mnuchin said Thursday, referring to Trump. “I'll call him up later and ask him.” He added that he's been in touch with the former president in recent weeks regarding TikTok but has not discussed his nascent effort to acquire it.  Thursday's TikTok news comes just one week after Mnuchin led a $1 billion lifeline rescue of embattled regional lender New York Community Bank.  The TikTok bill the House passed is now heading to the Senate, where it faces a much larger uphill battle in getting approved. President Joe Biden said he would sign the bill into law if the Senate passes it. Even if that happens, any kind of TikTok ban would likely be fought in courts. Already Montana was prevented from moving forward with a law to effectively ban the app after a federal judge blocked it last year.  Ives, the tech analyst, said he sees a 25% chance that the TikTok legislation ultimately becomes law, forcing a sale of the company. He said countless parties are undoubtedly considering making an offer to buy TikTok should it go up for sale.  “It's sharks. They see blood in the water,” he said.  However, the more likely buyer, according to Ives, would be a tech giant like Microsoft or Oracle, which already has a relationship with TikTok, and not a financial player like Mnuchin.  - by Elisabeth Buchwald and Matt Egan, CNNSee omnystudio.com/listener for privacy information.

The producer price index gained 0.6% in February; retail sales rose 0.6%, as well; initial jobless claims remained low at 209,000; Mnuchin says he will assemble group to purchase TikTok.

Former Treasury Secretary Steven Mnuchin is looking at buying TikTok, after the House passed a bill pushing for Bytedance's divestiture of the platform. Mnuchin weighs in on the social media business, the U.S. deficit, and former President Donald Trump's vision for another 4 years in the White House. Disney is in the midst of a proxy fight with billionaire activist investor Nelson Peltz. 13D Monitor founder Kenneth Squire explains the various characters and their roles in the drama, including Ike Perlmutter, former Disney CFO Jay Rasulo, and Disney's CEO Bob Iger. Plus, Altria is selling over $2B of its stake in AB InBev, and former CNN anchor Don Lemon's X show is no more, after Elon Musk canceled the partnership…after he gave Lemon an interview.  Steven Mnuchin - 14:14Kenneth Squire - 34:19 In this episode:Joe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY

Carl Quintanilla, David Faber and Mike Santoli led off the show with market reaction to key February data ahead of next week's Fed meeting: The Producer Price Index showed hotter-than-expected wholesale inflation, while retail sales missed economists' forecasts. The anchors also reacted to what former Treasury Secretary Steven Mnuchin told CNBC: He plans to form an investor group to buy TikTok. How low can Tesla go? This year's worst performer on the S&P 500 slipped below JPMorgan Chase in terms of market cap. Also in focus: Kevin Plank returns to Under Armour as CEO, retail earnings roundup, BofA lifts its price target on Nvidia, remembering former Time Warner CEO Gerald Levin. Squawk on the Street Disclaimer

Watch Alix and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.  Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities, joins the program to discuss the latest news on TikTok. Richard Bourke, Bloomberg Intelligence Senior Analyst, covering Basic Materials, discusses President Biden saying U.S Steel should be domestically owned. Jill Blanchard, President of Enterprise Client Solutions at Advantage Solutions, joins to discuss U.S Retail sales. Lisa Knee, Managing Partner and Head of Real Estate at EisnerAmper, talks about the latest on the commercial real estate sector. Steve Man, Global Autos and Industrials Research Analyst, joins to discuss the latest news on Tesla.Hosts: Alix Steel and Jennifer RyanSee omnystudio.com/listener for privacy information.

The former U.S. Treasury Secretary Steven Mnuchin, known for his tenure under the Trump administration, recently made headlines on CNBC's 'Squawk Box'. He disclosed his intention to assemble a consortium with the purpose of acquiring the social-media titan TikTok, currently owned by the Chinese corporation Bytedance. Mnuchin is leveraging his insights into the tech sector with a plan to bring together a team capable of effectively managing such a massive platform. He expounded on his dialogues with various high-profile figures in the process, though he shied away from getting into specifics about potential collaborators. This news surfaces in the wake of a recent House of Representatives' decision that promotes a definite shift in TikTok's ownership. The bill, which passed with notable support in the lower chamber, is aimed at compelling Bytedance to dissociate its assets from TikTok and encourage a sale to an interested U.S entity. While this bill is now in the Senate, its future there remains uncertain. Previously, the DC Enquirer shed light on the overwhelmingly positive reception of this bill. It witnessed fascinating traction among the House members, with 352 individuals in favor as opposed to 65 against. This legislation seeks to resolve perceived national security issues raised by TikTok's prominent links to the Chinese Communist Party and the app's potential sway over a vast pool of younger users.See omnystudio.com/listener for privacy information.

Volatility is back and Bitcoin mania is here again. Need a new CTP Stock! China stocks on a run... PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm Up - Volatility is back - Bitcoin mania - Need a new CTP Stock! - LSD - making an interesting comeback Market Update - NVDA had 2 down days! - Markets still want to go higher - not matter what the data - Yields move up with CPI - Big rebound for NVDA - not letting it go down too much... CPI Release - Total CPI increased by 0.4% month-over-month, meeting expectations, while core CPI (excluding food and energy) also rose by 0.4% month-over-month (0.3%). - On a year-over-year basis, total CPI was up 3.2%, compared to 3.1% in January, and core CPI increased by 3.8%, versus 3.9% in January. - Excluding shelter, CPI rose by a more modest 1.8% year-over-year. - Despite the headline disappointment for core CPI, the market seems optimistic about the future, anticipating a reduction in the isolated impact of the shelter index in the coming months due to an expected moderation in rent prices. (in other words, thinking the Fed's PCE will not be so hot next time and the Fed will still cut sometime this year) CPI Report key takeaways: - The food index showed no change month-over-month and increased by 2.2% year-over-year. - The energy index rose by 2.3% month-over-month and declined by 1.9% year-over-year. - Used cars and trucks saw a 0.5% increase month-over-month and a 1.8% decrease year-over-year. - The apparel index was up 0.6% month-over-month and unchanged year-over-year. - The all items index, excluding food, shelter, and energy, increased by 0.3% month-over-month and 2.2% year-over-year. Inflation - YoY Inflation - ACTUAL Layoffs - Does not fit the narrative - Layoff announcements in February hit their highest level for the month since the global financial crisis, according to outplacement firm Challenger, Gray & Christmas. - The total of 84,638 planned cuts showed an increase of 3% from January and 9% from the same month a year ago, with technology and finance companies at the forefront. - From a historical perspective, this was the worst February since 2009, which saw 186,350 announcements as the worst of the financial crisis was seemingly coming to an end. - Here is where it gets interesting: The layoff numbers, however, are not feeding through to weekly jobless claims, suggesting that unemployment is short-lived and workers are able to find new positions. Powell - On one hand he stated that the Fed is watching and not ready yet to cut rates - data dependent - A couple days later he indicated that interest rate cuts may not be too far off if inflation signals cooperate. - In remarks to the Senate Banking Committee, the central bank leader didn't provide a precise timetable of when he sees easing happening, but noted that the day could be coming soon. Mnuchin to the Rescue? -NYCB had bad month - and got worse - Lost 7% of deposits - Bond rating cut - Investment firm lead by Steve Mnuchin swooped in with a cool $1 billion rescue package - Remember NYCD bought Signature Bank - obviously so much crap in that portfolio it helped poison NYCB Oracle Earnings - New ATH - Reports Q3 (Feb) earnings of $1.41 per share, excluding non-recurring items, $0.03 better than the FactSet Consensus of $1.38; revenues rose 7.1% year/year to $13.28 bln vs the $13.29 bln FactSet Consensus. - Q3 Total Remaining Performance Obligations up 29% to $80 billion. - Q3 Cloud Revenue (IaaS plus SaaS) $5.1 billion, up 25% in USD, up 24% in constant currency. - Q3 Cloud Infrastructure (IaaS) Revenue $1.8 billion, up 49% in both USD and constant currency.

David Faber, Jim Cramer and Carl Quintanilla spoke exclusively with former Treasury Secretary Steven Mnuchin. Embattled lender New York Community Bancorp secured a $1 billion cash injection from a consortium led by Mnuchin's firm Liberty Strategic Partners. He stated his case for investing in NYCB. Also in focus: Novo Nordisk surges to a record high on obesity pill trial results, day two for Fed Chair Powell on Capitol Hill, retail earnings winners, Exxon vs. the Chevron-Hess deal, can Apple shares snap a six-session losing streak?  Squawk on the Street Disclaimer

Ben and Tom (along with special guest Tinfoil Hat Tom) discuss the US government avoiding a shutdown, NYCB's capital raise led by former US Secretary of the Treasury Steve Mnuchin, Jay Powell's testimony before the Senate, upcoming earnings from COST, and this evening's State of the Union Address. For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhalcapital.com/disclosure

On today's podcast: 1) Biden Team to Lambaste Trump's Economic Plans During Address 2) Powell Testifies Before Congress 3) NYCB Raises Over $1 Billion in Equity Led by Mnuchin's Firm See omnystudio.com/listener for privacy information.

Heather Braden – Jean-Luc BrunelJun 17, 2022International model and public speaker Heather Braden has immersed herself in the world of Trump and Epstein, finding the details that the media missed or ignored; the links which bind powerful figures to corruption and sexual deviancy. She also appeared in the British documentary‘Is Donald Trump a sex pest?'In this interview she talks to Ed Opperman about Jean-Luc Brunel, a name many will not be familiar with; Brunel, a French model scout who lead the international modelling agency Karin Models also founded MC2 Model Management, with financing by Jeffrey Epstein.She details the systematic methods of enticement which were used to extract money and/or sexual ‘favours' from young girls on the premise of modelling careers, often with passports or other documentation withheld. Many of these girls were underage.Pertinent to the entire web of lies and sexual misadventures, Brunel was found hanged in his prison cell in February 2022.WebsiteHeather BradenTwitterHeather Braden LinkdIn Heather BradenInstagramHeather BradenThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/1198501/advertisement

This is a free preview of a paid episode. To hear more, visit andrewsullivan.substack.comJosh is an old friend, and a business and political journalist. He has worked for Business Insider, the NYT, and New York magazine. He currently runs his own substack called Very Serious, and he cohosts a legal podcast called Serious Trouble, also on Substack.We talk Biden — Josh's political hero. You can listen right away in the audio player above (or on the right side of the player, click “Listen On” to add the Dishcast feed to your favorite podcast app — though Spotify sadly doesn't accept the paid feed). For two clips of our convo — why Biden isn't polling better despite the improving economy, and the “emotional terrorism” Hunter has wrought on his family — pop over to our YouTube page.Other topics: growing up with a dad teaching econ at Harvard and a mom raising four kids; studying psych at Harvard before going into banking; monetary policy and the Fed; props to Mnuchin for the CARES Act; how the stimulus in early Covid helped Trump at the polls; the excessive flood of stimulus in 2021 as an overcorrection to 2008; the subsequent spike in inflation; how the US economy recovered from Covid more quickly than the rest of the West; how wages lagged behind inflation after 2020 but recently surpassed it; today's low unemployment and high consumer spending; slowing inflation; Biden's new strategy to quash student debt; how national debt is only a problem relative to GDP and growth; how inflation reduces the burden of debt; the lunacy of Modern Monetary Theory; the excess of Trump's tax cuts; the continuity of his trade policy toward China into the Biden years; Biden's factory building; his extremism on cultural issues; what happens when he has a McConnell moment; Trump's crazed dynamism; the new NYT poll on Trump's chances against Biden; Josh's jump to Substack; his porn stache; and his reasons for liking America more than Europe.Browse the Dishcast archive for another conversation you might enjoy (the first 102 episodes are free in their entirety — subscribe to get everything else). Coming up: Michael Moynihan on Orwell and conspiracy theories, Vivek Ramaswamy on his vision for America, Sohrab Ahmari on his forthcoming book, Freddie deBoer, Leor Sapir, Martha Nussbaum, Spencer Klavan, Ian Buruma, Pamela Paul and Matthew Crawford. Please send any guest recs and pod dissent to dish@andrewsullivan.com.

The episode discussed on today's Sound Judgment: The Heist: https://apps.publicintegrity.org/theheist/Episode 2: Mnuchin's World was reported and hosted by Sally Herships. Our editor was Curtis Fox, with help from consulting editor Alison MacAdam and Center for Public Integrity's Tax Project editor Allan Holmes. Production help from Lucas Brady Woods, Brett Forrest, Camille Petersen, and Ali Swenson. Theme music and original score by composer Nina Perry and performed by musicians Danny Keane, Dawne Adams, and Oli Langford. Engineer is Peregrine Andrews. The Heist is executive produced by Sally Herships and the Center for Public Integrity's Mei Fong. Sound Judgment episodes mentioned in today's episode:Snap Judgment's Glynn Washington: Lessons from a Master StorytellerBone Valley: How to Create a True Crime Podcast That Makes a DifferenceHow to Pitch an Audio Documentary and the Unusual Origin of a This American Life Story with Katie ColaneriEmotional Bravery on Last Day with Stephanie Wittels Wachs***About Sally Herships:Sally Herships is an award-winning freelance audio journalist and Director of the Audio Program at Columbia's Graduate School of Journalism. Recently she covered the pandemic and New York Governor Andrew Cuomo for NPR's National Desk. She's a frequent contributor to the “Indicator," a daily economics podcast from NPR's Planet Money Team. Her reporting has been included in multiple shows and outlets including the BBC, The New York Times, Morning Edition, All Things Considered, WNYC and Studio 360. The Heist, an investigative series examining President Trump's 2017 tax bill, which Sally hosted and co-Executive Produced, was honored as a finalist for the 2022 DuPont awards. The judges wrote: “A forensic review of the 2017 Tax bill, The Heist managed to be both an informative and wildly entertaining”Connect with Sally on LinkedIn or Twitter or at https://www.sallyherships.com/***Subscribe to Sound Judgment, the Newsletter, our twice-monthly publication about creative choices in audio storytelling. Follow Elaine on LinkedInHelp us find and celebrate today's best hosts!Who's your Sound Judgment dream guest? Share them with us! Write us: allies@podcastallies.com. Because of you, that host may appear on Sound Judgment.***Work with us!We make original podcasts for NGOs, purpose-driven brands, and universitiesWe also offer podcast strategy and consulting servicesOr contact us about our public media and individual training services for content creators and on-air talentVisit podcastallies.com or email us at allies@podcastallies.com for more information. ***Credits Sound Judgment is a production of Podcast Allies, LLC. Host: Elaine Appleton GrantProject Manager: Tina BassirSound Designer: Andrew ParrellaIllustrator: Sarah Edgell

We're joined by Jeff Younger, the father of a young boy at the center of a custody battle, who's racing against the clock before a new law in California will allow his ex-wife to transition his son into a girl, in ways his state of Texas views as child abuse. The matter now goes before the state's supreme court. Plus, hefty prison sentences come down for the supposed co-leaders of the Gretchen Whitmer Fed-napping plot. Finally, Mnuchin, Pompeo, and Milley - oh my! Why this trio appears to have discussed invoking the 25th amendment against president Trump.Guests:· Jeff Younger· Dr. Sumantra Maitra· Barak Lurie· Gavin Mario Wax· Rik Mehta

In this episode, NYC drivers boycott unprecedented and unsupported pay hikes. FBI paid Twitter $3.4M for its censorship compliance. State actors "Hack and Leak" operation tantamount to possible election interference.

As we continue to look at Jean Luc Brunel and his ties to Epstein, we come to the odd relationship between Mnuchin and the Brunel brothers and in this episode, we explore how they know each other and what sort of business relationship they had.(Commercial at 13:07)To contact me:Bobbycapucci@protonmail.comSource:https://www.thedailybeast.com/steven-mnuchins-mysterious-link-to-creepy-epstein-model-scout-jean-luc-brunel

I feel like a cross between Sisyphus and Cassandra. The latest on the Crypto fallout. Regulators can do absolutely nothing. The one and only way to protect yourself is… The latest from the swamp dwellers in Washington. Pelosi steps down. The cult of DJT. Fed's Bullard offers us the definition of insanity. Homes sales tank. Ray Dalio on China. No beer at the World Cup. Mnuchin gets it right on oil price caps. Musk is crazy like a fox…the latest on Twitter. Cop 27 virtue signaling.

In 2022, artist Lynne Drexler's work exploded on the art market. An artist who had briefly shown in the early 1960s in New York, she continued to work on a remote island in Maine until her death in 1999. Two decades later, she became the artist of the moment. Sukanya Rajaratnam and Christine Berry have collaborated on a dual-gallery show of Drexler's work from her first decade, 1959-1969, The shows at Berry Campbell and Mnuchin have drawn in new audiences and further burnished Drexler's reputation. In this podcast, Christie's Julian Ehrlich joins Berry and Rajaratnam to tell the story of Lynne Drexler's extraordinary year.

In this latest episode of the Taking Back Trump's America podcast, former Trump trade advisor and China Hawk Peter Navarro unmasks one of the most destructive Disloyalists in the Trump White House, former OMB Director and Acting Chief of Stiffs Mick Mulveney.  For more insights about Mulvaney, Kudlow, Mnuchin, Marc Short, and others in the Confederacy of Dunces that helped sabotage the 2020 election, order Taking Back Trump's America today on Amazon.

In this episode, why ethnocentric racism should not be practiced by anybody. Tucker Carlson on First Lady Showtime.

Guests: Rep. Jamie Raskin, Katie Benner, Betsy Woodruff Swan, Renato Mariotti, Sen. Brian SchatzPompeo, Mnuchin and Mulvaney—come on down! Tonight: The snowball effect of testimony as Trump's cabinet goes in for committee interviews. New questions about the cooperation of Mark Meadows. And Congerssman Jamie Raskin on the new agreement to begin the transfer of evidence to the Department of Justice. And how "Build Back Better" took a sudden detour down the "Country Roads" of West Virginia.  

Friday, July 29th, 2022 Today, in the Hot Notes: the Department of Justice is prepping to go to court to get executive privilege claims thrown out so they can force people close to Trump to testify to the grand jury about him; An associate of Jeffrey Clark and John Eastman is cooperating with the Department of Justice; Senate Republicans vote against burn pit benefits for veterans after passing it last month; Pompeo and Mnuchin are in talks about testifying to the January 6 committee as they focus on the 25th Amendment talks after the insurrection; Democrats are now favored to win the Senate in the midterms for the first time; The January 6 committee has a formal path to share evidence with the Department of Justice; and the attack on McMorrow has backfired in spectacular fashion; plus Allison and Pete deliver your Good News. Follow the Podcast on Apple: http://apple.co/beans Follow our guest on Twitter: Dr. Eddie S. Glaude Jr. https://twitter.com/esglaude History is US https://podcasts.apple.com/us/podcast/history-is-us/id1625313174 Follow AG and Dana on Twitter: Dr. Allison Gill  https://twitter.com/allisongill https://twitter.com/MuellerSheWrote https://twitter.com/dailybeanspod Dana Goldberg https://twitter.com/DGComedy Follow Aimee on Instagram: Aimee Carrero (@aimeecarrero) How We Win Live! http://secure.actblue.com/donate/howwewinlive How We Win Fund swingleft.org/fundraise/howwewin Listener Survey: http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=short Have some good news, a confession, a correction, or a case for Beans Court? https://www.dailybeanspod.com/confessional/ Want to support the show and get it ad-free and early? https://dailybeans.supercast.tech Or https://patreon.com/thedailybeans Promo Codes Thanks to Helix for supporting The Daily Beans. Helix is offering up to 200 dollars off all mattress orders AND two free pillows for our listeners at helixsleep.com/dailybeans. 

[Explicit Content] It's 'Good News Day' on the show. The new and sweaty photo of Trump. Senate Democrats on the verge of passing major legislation on the climate crisis, the deficit, and taxation on corporate profits. Manchin screwed Mitch McConnell on the CHIPS bill. It's happening! The Justice Department is, in fact, criminally investigating Donald Trump for seditious conspiracy. The dumbest crooks ever used the word "fake" in their emails. Mnuchin, Pompeo, Ratcliffe, and Wolf from the Trump cabinet are set to testify. Marc Short to testify. The RNC might've just stopped Trump from running for president. 42 Republicans filibustered healthcare for veterans. With Spicy Jody Hamilton, David "TRex" Ferguson, music by Matt Springfield, Japan Van Damme, and more!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

As we continue to look at Jean Luc Brunel and his ties to Epstein, we come to the odd relationship between Mnuchin and the Brunel brothers and in this episode, we explore how they know each other and what sort of business relationship they had.(Commercial at 13:07)To contact me:Bobbycapucci@protonmail.comSource:https://www.thedailybeast.com/steven-mnuchins-mysterious-link-to-creepy-epstein-model-scout-jean-luc-brunel

As we continue to look at Jean Luc Brunel and his ties to Epstein, we come to the odd relationship between Mnuchin and the Brunel brothers and in this episode, we explore how they know each other and what sort of business relationship they had.(Commercial at 13:07)To contact me:Bobbycapucci@protonmail.comSource:https://www.thedailybeast.com/steven-mnuchins-mysterious-link-to-creepy-epstein-model-scout-jean-luc-brunel

West Coast Cookbook & Speakeasy is Now Open! 8am-9am PT/ 11am-Noon ET for our especially special Daily Special; Tarrytown Chowder Tuesdays!Starting off in the Bistro Cafe, a new report reveals shameless self-dealing by Kushner and Mnuchin.Then, on the rest of the menu, today's election in Georgia marks the biggest test yet of new voting restrictions enacted by Republicans; not many people charged with felony crimes can go seven years without ever standing trial, but Texas Attorney General Ken Paxton is one; and, a new Department of Justice policy stipulates federal agents have a duty to intervene if they see other law enforcement officials using excessive force.After the break, we move to the Chef's Table where Nancy Pelosi warned Britain there would be no trade deal unless they respect the Northern Ireland peace deal; and, the head of the UN World Food Program pressed billionaires ‘to step up.'All that and more, on West Coast Cookbook & Speakeasy with Chef de Cuisine Justice Putnam.Bon Appétit!~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~“As I ate the oysters with their strong taste of the sea and their faint metallic taste that the cold white wine washed away, leaving only the sea taste and the succulent texture, and as I drank their cold liquid from each shell and washed it down with the crisp taste of the wine, I lost the empty feeling and began to be happy and to make plans.” - Ernest Hemingway "A Moveable Feast"~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Show Notes & Links: https://www.dailykos.com/stories/2022/5/24/2099856/-West-Coast-Cookbook-amp-Speakeasy-Daily-Special-Tarrytown-Chowder-TuesdaysWCC&S Deep Archive:https://archive.org/details/west_coast_cookbook_and_speakeasy_with_justice_putnam_21_nov_17

The sixty-first episode of the DSR Daily Brief.Links referenced in today's podcast:‘Russia House' in Davos becomes war crimes exhibit ahead of Zelensky addressThe Polish president visits Kyiv and says Ukraine alone should determine its future.Ukraine's culture minister says the war has damaged hundreds of cultural sites.Kushner's and Mnuchin's Quick Pivots to Business With the GulfBiden says US willing to respond 'militarily' in event of Chinese attack on TaiwanBiden says quarantines for monkeypox aren't needed in U.S.Australia has a new left-leaning government: Here's what you need to knowUS says 'Hotel Rwanda' hero Rusesabagina 'wrongly detained'Finland brewery launches NATO beer with ‘taste of security' See acast.com/privacy for privacy and opt-out information.

This week Eli sits down with Dr Howard Liddle. Dr Liddle is a professor in the Department of Public Health Sciences, and Director of the Center for Treatment Research on Adolescent Drug Abuse at the University of Miami Miller School of Medicine. Dr. Liddle's research focus is on the development, testing, implementation, and dissemination of family-based treatment for adolescent substance abuse and delinquency. The discussion touches on a breadth of topics including his early inspirations working with family therapy and youth, how his ideas developed under mentors like Mnuchin and Haley, and the importance of sponsoring the technique and idea of change in psychotherapy. Finally they discuss the origins of Multi-dimensional Family Therapy, how it pays homage to traditional models, and how it moves the profession forward in terms of empirical support.

Location: Remotely Date: Tuesday 22nd December Company: Coin Center Role: Executive Director & Research Director Steven Mnuchin, the Treasury Secretary of the United States, is looking to implement a new regulation that would require financial institutions to verify the identity of both senders and recipients of any Bitcoin transaction, over $3000. A few weeks ago, Coinbase CEO, Brian Armstrong tweeted that Mnuchin was looking to 'rush out' new regulation before the end of President Trump's term in office. This regulation is not without opposition and Coin Center is addressing many concerns with the new rules and the method in which they are being passed. In this interview, I talk to Jerry Brito and Peter Van Valkenburgh, Coin Center Executive Director and Research Director. We discuss the implications of the new regulations, the key issues and what you can do to prevent them from passing.

We cover the 4 executive orders signed by Trump this week, the Beirut explosion and Biden's latest gaffe.Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License creativecommons.org/licenses/by/3.0

Season 4, Episode 115.Seattle is out of control, more statue toppling and destruction of monument, the media is preparing Covid-19 panic for Trump rallies, more casualties of cancel culture and Mnuchin says no second shutdown. Plus Michael Knowles joins the show.Please subscribe to the podcast! And get more exclusive content from Buck at BuckSexton.com.Subscribe to Buck on YouTube: https://bit.ly/2UNT1OrFind Buck on:Twitter @BuckSexton  Facebook @BuckSexton Instagram @BuckSexton Email the show: TeamBuck@IHeartMedia.com Learn more about your ad-choices at https://www.iheartpodcastnetwork.comFollow Clay & Buck on YouTube: https://www.youtube.com/c/clayandbuckSee omnystudio.com/listener for privacy information.

Raheem Kassam, Jack Maxey, and Greg Manz are joined by Steve Bannon to discuss the latest on the coronavirus pandemic as they discuss Mnuchin's latest statement that another federal stimulus is being considered by the federal government. Calling in is David Bahnsen to discuss the "Japanification" of our economy. Also calling in is Brian Kolfage to discuss the 1 year anniversary of the completion of the wall in El Paso.