Paul Gigot in Conversation with U.S. Treasury Secretary Scott Bessent

The Trump administration shifts medical marijuana from Schedule I to Schedule III, opening up federal tax deductions that will be a boon to America's pot industry. Plus, President Trump suggests the federal government might step in to bail out or even buy Spirit Airlines, a precedent that progressives will love. Learn more about your ad choices. Visit megaphone.fm/adchoices

Donald Trump says the regime in Tehran is fractured, so the U.S. will hold off further strikes until its leaders "can come up with a unified proposal." What kind of a nuclear deal would be a U.S. victory that's worth accepting? Plus, as the White House ousts Navy Secretary John Phelan, who would be a worthy replacement? Learn more about your ad choices. Visit megaphone.fm/adchoices

Donald Trump won 46% of the vote in Virginia in 2024, yet Republicans might soon control only 9% of the House seats. How can Democrats seriously argue this is a win for "fairness"? What else did the GOP expect, after it started this gerrymandering race to the bottom in Texas? And what can fed-up voters do about it? Learn more about your ad choices. Visit megaphone.fm/adchoices

Gov. Kathy Hochul wants to help New York City balance its budget with a new tax on second homes over $5 million, but what if wealthy owners simply leave? Plus, Mayor Zohran Mamdani offers new details about his proposed government-run grocery stores, including a $30 million plan to build one in East Harlem. Learn more about your ad choices. Visit megaphone.fm/adchoices

Peace talks between the United States and Iran are scheduled to resume this week, but will the Iranians show up and what will they have to offer? Plus, Iran says it'll keep the Strait of Hormuz closed until the U.S. lifts its blockade of Iranian ports as both sides try to work out an agreement over Iran’s nuclear program. Learn more about your ad choices. Visit megaphone.fm/adchoices

Eric Swalwell quits the campaign and Congress after several women allege sexual misconduct going back years. While other Democrats deny that they knew about this behavior, why didn't they take the rumors more seriously? Plus, is there a chance that California's jungle primary could nominate two Republicans? Learn more about your ad choices. Visit megaphone.fm/adchoices

Speaking at WSJ Opinion Live in Washington, D.C., WSJ Editor at Large Gerard Baker and Texas Senator Ted Cruz discuss the war in Iran, the 2028 Republican primaries, and whether Mr. Cruz would accept a Supreme Court nomination. Learn more about your ad choices. Visit megaphone.fm/adchoices

Speaking at WSJ Opinion Live in Washington, D.C., WSJ Editorial Page Editor Paul Gigot and U.S. Treasury Secretary Scott Bessent discuss economic uncertainties amid the war with Iran, the AI competition between the U.S. and China and President Trump's postponed summit with Xi Jinping in May. Learn more about your ad choices. Visit megaphone.fm/adchoices

The success of Artemis II, including Friday's splashdown, brought new excitement to space exploration. Is this a good use of taxpayer money? Can the U.S. beat China's 2030 target for the next lunar landing? And how have private companies, including SpaceX and Blue Origin, changed the calculus? James B. Meigs joins to discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices

After talks break down between the U.S. and Iran, Donald Trump imposes a naval blockade against oil and other products going to or from Iranian ports through the Strait of Hormuz. Will this economic pressure force Iran's leaders to make concessions? Plus, voters in Hungary depose Viktor Orban despite JD Vance’s visit to support his campaign.   Learn more about your ad choices. Visit megaphone.fm/adchoices