0:00 Elon Musk is now the world's first trillionaire.0:03 That happened today, June twelfth, 2026, on the back of the SpaceX IPO.0:09 Yesterday's briefing covered the key stories shaping America.0:14 Today, one man's net worth just eclipsed the GDP of Switzerland.0:19 The game has changed.0:21 Here's what else is moving.0:23 Former President Trump just announced a quote "great settlement" with Iran.0:29 He claims the documents are in their final shape.0:33 This comes as the Senate just handed the White House a blank check for military action in Venezuela, after two Republicans switched their votes and killed a resolution that would have required congressional approval.0:50 Meanwhile, NASA's Artemis II crew just completed a lunar flyby.0:56 It's the first time humans have gone beyond low Earth orbit in fifty-four years, and the crew included the first woman, the first Black man, and the first Canadian to make that journey.1:10 Back on Earth, the U.S.1:12 is now funding Poland's military with a new four billion dollar loan for arms purchases.1:19 That move comes as trade wars continue to simmer.1:23 A ten percent tariff on all goods from European countries is staying put, after an appeals court extended a block on a ruling against it.1:34 That's a separate fight from Trump's ten percent global tariff, which a different court also just decided to keep in place for now.1:45 And in a stunning reversal of energy policy, the Department of Energy is funding the first new coal-fired power plant in the United States since 2013.1:57 We'll come back to that.1:59 Rounding out the board: the Justice Department is now suing the state of Virginia over its ban on masks, keeping the pandemic policy wars alive.2:11 And in the crypto world, you can close the book on Sam Bankman-Fried.2:16 He officially lost his bid to overturn his fraud conviction.2:21 The verdict stands.2:23 Okay.2:23 Let's pull on the two threads that will define the rest of this year.2:29 First, that Iran settlement.2:31 Trump went public with this.2:33 He didn't just float a trial balloon, he announced a victory.2:38 His exact words: "Documents are in pretty final shape." This is a former president claiming to have brokered a deal with a hostile nation, completely outside the channels of the current U.S.2:53 government.2:54 That has never happened.2:56 Here's the problem.2:58 Nobody knows what's in it.3:00 Reuters is already reporting that leaked terms of the deal are being disputed, called inaccurate by people supposedly involved in the talks.3:11 So you have a public announcement of a deal that may not be real, or may be something completely different than advertised.3:21 This isn't diplomacy.3:23 This is chaos as a negotiating tactic.3:26 It injects massive uncertainty into global oil markets and puts every U.S.3:32 ally in the Middle East in an impossible position.3:36 They don't know which American policy to believe—the official one, or the one being announced on a press release.3:45 The second story you need to watch is the coal plant.3:49 Let that sink in.3:51 The U.S.3:51 government is giving millions of dollars to build the nation’s first new coal-fired power plant in thirteen years.4:00 This isn't a quiet legacy project.4:03 It's a deliberate, loud, political statement.4:07 And you have to ask who is getting the money.4:10 Politico dug in.4:12 The company receiving the funds is partially managed by a far-right activist and telecom executive.4:20 This isn't an energy story anymore.4:22 It's a political patronage story dressed up in energy infrastructure.4:28 While venture capital is pouring into fusion and solar and battery storage, federal dollars are being used to literally build the past.4:39 It’s a direct contradiction of stated climate goals and a signal to global markets that America's energy policy is schizophrenic.4:49 One day we're leading the green revolution, the next we're subsidizing nineteenth-century technology run by political activists.5:00 Today, America became home to the world's first trillionaire, who made his fortune selling the future in space.5:09 And on the very same day, its government paid to build a piece of the past on the ground.5:16 The fight isn't about left versus right anymore.5:20 It's about which century we're going to live in.
