2 chapters in Aug – Oct 2026 · See all time
Donald Trump and Commerce Secretary Howard Lutnick announced a $15 billion integrated steel plant project in Lee County, Iowa, and a $3 billion iron ore mine in Minnesota. The project, led by Masabi Metallics and SR, aims to produce "Patriot Pellets" to create a fully American supply chain. Proponents claim the investment will create thousands of construction and manufacturing jobs while competing with Chinese steel prices.
Iran Conflict, Economic Sanctions and Oil Revenue
The ongoing conflict with Iran is discussed in the context of economic "choke outs" and the targeting of Iranian oil revenue. Trump advisor Scott Besant and Commerce Secretary Howard Lutnick describe efforts to close down cash houses in Dubai and Qatar that facilitate Iranian trade in Chinese currency (RMB). The hosts critique the administration's messaging regarding service member casualties and the duration of the military engagement.
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