Summary
The episode focused on the looming partial DHS shutdown, congressional hearings on ICE and Epstein, and the DCCC's expanded midterm target map. Guests debated ICE reform demands, tariffs and affordability, and election-integrity legislation. A market update covered weak retail sales, delayed jobs data, Fed rate-cut expectations, and the Warner Bros. Discovery bidding contest involving Paramount Skydance and Netflix.
- DHS funding deadline looms Friday with no clear deal on ICE restrictions.
- ICE and CBP heads testified amid fallout from fatal Minneapolis shootings.
- Commerce Secretary Howard Lutnick faced Epstein-related questions at a Senate hearing.
- DCCC Chair Suzan DelBene touted 44 Democratic pickup targets for the House midterms.
- Bryan Steil defended election-integrity legislation and discussed tariff/trade strategy.
- Market update: weak retail sales pressured retail stocks; jobs and CPI data delayed by shutdown.
- Norah Mulinda noted market focus on Fed rate cuts and the WBD bid battle with Paramount Skydance and Netflix.
- Political panelists saw Democratic midterm momentum but no specific investment calls were made.