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For the second time in two years, a trans person has committed a mass shooting at a Christian school he or she attended. The mainstream media and liberal politicians seem obsessed with protecting the "trans" part of the story, but the trans part of the story may be the whole story. Give a listen.
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"Golden shares” at home, grand bargains abroad. In this episode, Cato scholars weigh Trump’s push for equity stakes in U.S. firms under the CHIPS Act and his effort to strike a quick deal with Putin on Ukraine. What does state capitalism at home mean for American liberty—and can deal-making diplomacy abroad actually end the U.S. entanglement in Ukraine?
Featuring Ryan Bourne, Gene Healy, Norbert Michel, and Justin Logan
Scott Lincicome, “The government’s Intel stake is antithetical to American greatness”
https://www.washingtonpost.com/opinions/2025/08/24/trump-intel-government-marketplace/
Justin (and Dan Caldwell) on security guarantees: https://thefederalist.com/2025/08/26/if-ukraine-wants-security-guarantees-it-should-get-them-from-europe/
Ryan Bourne, “Trump’s cronyism is quietly unravelling American capitalism,”
Ryan Bourne, Industrial Policy was the Gateway Drug to Cronyism
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This week, Maria interviews reality TV legend Boston Rob. Rob has been on Survivor six times, and has also appeared on The Amazing Race, The Traitors, and Deal or No Deal Island. He’s a master strategist with a psychology background. He and Maria discuss how to build trust strategically in a competitive environment, how to read your opponents’ motivations, and why it’s so important to play to win.
For more from Nate and Maria, subscribe to their newsletters:
The Leap from Maria Konnikova
Silver Bulletin from Nate Silver
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array(3) { [0]=> string(184) "https://www.omnycontent.com/d/clips/e73c998e-6e60-432f-8610-ae210140c5b1/951120d9-cf6e-4224-93d7-b15c014dcea5/3bfed405-63bd-4938-b280-b346015d6540/image.jpg?t=1756330229&size=Large" [1]=> string(10) "image/jpeg" [2]=> int(0) }What happens when the federal government owns part of a company?
That’s one of MANY questions about federal policy right now, as the Trump Administration aggressively pushes for stakes — and oversight — of major private companies.
This week, the White House announced it was taking a ten percent stake in the struggling technology giant Intel.
Commerce Secretary Howard Lutnick says the administration is considering similar moves with other companies tied to the defense industry, too.
Trump looks ready to turn the U.S. into a corporate stockholder. Should the government be in the business of … business?
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This episode was produced by Connor Donevan and Henry Larson. It was edited by John Ketchum. Our executive producer is Sami Yenigun.
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Is there a larger cultural meaning to the engagement of Taylor Swift and Travis Kelce? Does it connect somehow to Cracker Barrel ditching its redesign? And what does it all say about American happiness and connection? Give a listen.
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ICE now has the biggest budget of any law enforcement agency in America.
“ICE and Customs and Border Protection have long been the most rogue, kind of renegade and certainly pro-Trump police agencies in the federal government,” explained Radley Balko, a journalist who’s covered policing for decades. “What I think we are seeing right now is Trump is attempting to build his own paramilitary force. They want people whose first, ultimate loyalty in this job is going to be to the president.”
Balko is the author of “Rise of the Warrior Cop: The Militarization of America’s Police Forces.” And he’s been tracking the changes at ICE and the Trump administration’s escalating law-and-order tactics on his excellent newsletter, The Watch.
Mentioned:
“ICE’s Mind-Bogglingly Massive Blank Check” by Caitlin Dickerson
“The police militarization debate is over” by Radley Balko
Book Recommendations:
The Highest Law in the Land by Jessica Pishko
Unruly by David Mitchell
Bottoms Up and the Devil Laughs by Kerry Howley
Thoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.
You can find the transcript and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.html
This episode of “The Ezra Klein Show” was produced by Jack McCordick. Fact-checking by Will Peischel. Our senior engineer is Jeff Geld. Mixing by Isaac Jones. Our executive producer is Claire Gordon. The show’s production team also includes Marie Cascione, Annie Galvin, Michelle Harris, Rollin Hu, Elias Isquith, Kristin Lin, Aman Sahota, Marina King and Jan Kobal. Original music by Pat McCusker. Audience strategy by Kristina Samulewski and Shannon Busta. The director of New York Times Opinion Audio is Annie-Rose Strasser.
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Last night, President Donald Trump posted a letter firing Federal Reserve Board Governor Lisa Cook. The reason? She was accused of listing two properties as her primary residences, which potentially gave her more favorable lending terms. This marks another escalation in the president’s battle for control of America’s central bank.
We’re publishing our conversation early about whether this is legal, what the Fed might do, and how the Fed’s independence is more fragile than we may think.
Related episodes:
Should presidents have more of a say in interest rates?
Can the Federal Reserve stay independent?
It's hard out there for a Fed chair
Patent Racism
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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