Today, the Securities and Exchange Commission voted to approve the first exchange-traded funds holding bitcoin. But regulators still have concerns, and a recent hack of an SEC social media account have only heightened fears. Plus, the pandemic relief funds that’ve been keeping state budgets afloat are gone. We’ll unpack why state budgets can be trickier beasts than the federal budget. And: This is normally a zombie-free zone, but “The Last of Us” TV series has us reconsidering.
Here’s everything we talked about today:
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The speaker ouster and its cost to our democracy
Crypto goes to court
Consumers are still living it up
Washington’s looming deadlines (note the plural)
The sliver of the federal budget Congress is fighting over
Musk and the military industrial complex
The real problem with passing the federal budget
Why big GOP money matters less than ever
Corruption is a bipartisan problem
What a shock to the economy could mean right now
AI and its role in elections
The clash of Bidenomics and MAGAnomics
What’s happening in Congress is not normal
The quest for a perfect smile
What happened to stakeholder capitalism?
Air conditioning and political dysfunction
What you need to know about ranked choice voting
Retail theft and capitalism today
Our 1,000th episode!
What happened to economic conservatism?
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