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Receipts with Catherine Rampell
12: Oil Prices Spike to $117 Over Fear of Iran War Escalation (w/ JVL)
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Oil prices are soaring, inflation fears are returning, and even some of Trump’s own voters are turning against him. Catherine Rampell and JVL discuss the economic fallout from Trump’s Iran war, why Republicans are suddenly afraid to mention his beloved tariffs, and new polling that suggests his political coalition is starting to fracture. Plus, the bizarre report that Trump’s Fed chair is consulting AI versions of dead economists.