The Powers That Be: Daily

After an unexpectedly off-script night at The Hilton in D.C., Jon Kelly and Peter trade their WHCA reflections and observations before turning their attention to the NFL’s Capitol Hill charm offensive and the final micro-dramas of the WBD journey.

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Leigh Ann Caldwell sits down with Indiana Sen. Jim Banks to discuss the red lines for any ceasefire agreement with Iran, before getting into whether the ongoing war is a political liability for Republicans heading into the midterms, what rising gas prices mean for Trump, and the redistricting battles reshaping the electoral map.

This special episode of The Powers That Be is brought to you by Pharmaceutical Reform Alliance.

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Eriq Gardner joins Peter to dig into the whispers around Washington that Netflix is quietly working to torpedo the proposed Paramount-Warner Bros. merger. Then they consider whether state attorneys general, including California’s Rob Bonta, have the legal muscle to block the merger—which is exactly what a lot of powerful people in Hollywood are demanding.

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Dylan Byers joins Peter to preview this weekend’s White House Correspondents’ Dinner, where Donald Trump’s first-ever attendance is already rattling the media class. And the guest list isn’t helping: Bari Weiss has tapped Stephen Miller and Pete Hegseth to attend with CBS News. But Dylan explains, amid the outrage, the cocktail circuit rolls on—arguably as busy as ever.

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Bill Cohan joins Peter to make sense of Wall Street’s latest head-scratcher—big banks posting record profits, even as an Iran-driven energy shock accelerates inflation and sends gas prices climbing. What’s driving the disconnect between economic anxiety on the ground and seemingly unshakeable optimism on Wall Street?

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