In this episode of Money & Markets, Catherine and John return from a brief hiatus to tackle a wide range of pressing financial and political issues. They start by discussing the implications of Treasury Secretary Descent’s new financial strategy under Trump’s administration, which directs foreign investments into U.S. industries.

The conversation extends to controversial AI-driven decisions in Medicare and the legality of firing Lisa Cook from the Federal Reserve, raising questions about executive authority and congressional oversight. They also delve into the geopolitical ramifications of U.S. tariff policies on countries like India and Germany’s hesitation to send troops to Ukraine, reflecting broader shifts in international relations.

They also touch on Israel’s struggle to recruit soldiers amidst internal shortages and controversial favoritism towards American soldiers serving in the IDF, highlighting tensions and ethical dilemmas. The impact of AI on legal rulings and the increasing risks associated with cryptocurrency investments are also significant points of discussion.

Wrapping up, they explore the rise in cost of living for American citizens, the potential for stablecoins to transform global finance, and positive actions like the United Methodist Church’s decision to divest from bonds tied to illegal occupations. Catherine concludes by emphasizing the importance of maintaining a sense of humor and perspective as they navigate these complex and often troubling topics.