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Morning Brew Daily

Federal Funding Bill's Market Impact & Goodbye to the Penny?

23 May 2025

Description

Episode 589: Neal and Toby chat about the bond market getting shivers after Trump’s tax bill is projected to add to the federal deficit. Then, the US Treasury will finally put an end to adding new US pennies into circulation. Also, the box office has another blockbuster double-header with Mission Impossible and the Lilo & Stitch remake. Meanwhile, Bitcoin is the Stock of the Week and Nike is the Dog of the Week.  Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Visit endthecampaign.com for more Are you in NYC? Join us for a free trivia night June 3: https://mbd-trivianight-june3.splashthat.com/ Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note  Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - MBD Trivia Night  02:20 - Tax Bill Impact  07:40 - Goodbye Penny  11:00 - Lilo & Stitch vs Mission Impossible 14:40 - Stock of the Week: Bitcoin  17:50 - Dog of the Week: Penny  19:30 - Headlines All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative and involves a high degree of risk. Cryptocurrency holdings are not protected by the FDIC or SIPC. APY as of 3/18/25,  subject to change. *Terms and Conditions apply.

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Full Episode

0.589 - 16.72 Sponsor Message

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35.41 - 45.255 Neal Freiman

Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, the House passed a sweeping tax bill. We'll tell you what it means for the economy and for your wallet.

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45.475 - 55.28 Toby Howell

Then RIP to the penny. The U.S. Treasury will stop minting one set coins in a matter of weeks. It's Friday, May 23rd. Let's ride.

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60.276 - 77.604 Neal Freiman

If you're listening to today's episode on the Friday before Memorial Day weekend, well, you're committed to being informed. So why don't you prove it by coming to Morning Brew Daily's In Real Life trivia night on June 3rd, where you can create a team and compete against other listeners in what will be a really amazing night.

77.905 - 86.209 Neal Freiman

Toby and I are hosting, of course, and we are hard at work writing questions that will entertain and delight. Plus, we can't wait to meet you all in person.

86.969 - 101.815 Toby Howell

Here are the details. It's going to be in New York City, June 3rd. That's a Tuesday at 6pm at a very trendy bar in the East Village. We can't tell you the exact location on air. That comes when you sign up for the event, which you can do by following the link in the show description.

102.235 - 123.022 Toby Howell

I am so excited for this, Neil, because it means we get to hang out with you all in person and be wildly impressed with how smart and plugged into the news cycle you guys are. So once more, June 3rd, 6 p.m. in the East Village, Trivia Night with Neil and I. There will be prizes. So sign up at the link in the show description. And now a word from our sponsor, Iterable.

123.302 - 129.684 Toby Howell

Neil, you're a group chat guy. I see you discussing show topics with your college friends, but everyone's on different time zones, right?

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