The Powers That Be: Daily

John Heilemann joins Peter to handicap California Governor Gavin Newsom as the Democrats’ early 2028 frontrunner. John lays out Newsom’s unique advantages—youth, charisma, and strong support among non-white voters—and also examines the liabilities that could dog him on the national stage, starting with his record in California.

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Leigh Ann Caldwell joins Peter to break down the escalating ICE fight on Capitol Hill and the procedural maneuvering tied to reopening the government from its partial shutdown. She also shares how Republicans are privately assessing Stephen Miller’s outsized influence within the G.O.P., and why some worry that his deportation strategy could become a midterm liability.

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After a chilling week, Jon Kelly returns to discuss the lessons from Don Lemon’s stunning arrest in Los Angeles. Then Jon and Peter highlight the similarities between Bari Weiss’s suddenly entrenched tenure and Will Lewis’ early missteps at The Post.

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Former Barstool Sports C.E.O. and Food52 chief executive Erika Ayers Badan joins Dylan to reflect on navigating bankruptcy at Food52, a onetime $300 million company that ultimately collapsed under roughly $25 million in debt. She breaks down what went wrong, the dangers of undisciplined growth, and why diversified revenue streams matter now more than ever. She also discusses what kind of buyers might be circling, what industry peers can learn from Food52’s downturn, her take on the state of media writ large—and much more.


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Bill Cohan joins Peter for an inside look at the final days of Jay Powell at the Federal Reserve—and the shortlist of Trump sycophants who could replace him. Then they dig into Paramount’s ongoing quest to wrest Warner Bros. from Netflix, and how the Ellisons could still win.

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