The war with Iran is no longer just a foreign-policy story. Oil tankers are burning, the Strait of Hormuz is under pressure, fuel prices are climbing, and Americans are paying the bill. TJ Walker asks the question Washington keeps avoiding: What does winning this war actually mean?

Then Elon Musk’s America PAC pours money into culture-war advertising focused on transgender athletes while TJ argues that voters should look at the issues actually affecting their bank accounts.

Also in this episode: LIV Golf files for Chapter 11 bankruptcy after billions in Saudi investment, the Trump meme coin raises new questions about money and access to the president, and Donald Trump escalates the trade fight with Canada with new restrictions and tariffs on Canadian alcohol, dairy products, motorcycles, steel, aluminum, furniture and more.

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