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Morning Wire

Trump Stares Down Iran & Mamdani’s Plan To Squash Landlords | 5.28.26

28 May 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What is the main topic discussed in this episode?

0.031 - 16.186 Brecca Stoll

Colorado is trying to silence free speech again. A state law forces businesses to use customers' preferred pronouns even if they're biologically inaccurate. With the help of Alliance Defending Freedom, a Christian bookstore, and a sports apparel company are challenging the law, but a court recently ruled against them.

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16.486 - 30.038 Brecca Stoll

They appealed the ruling, and with ADF's help, they'll keep fighting another attempt by Colorado to skirt the First Amendment. Learn more about how you can support free speech by texting WIRE to 83848 or going to joinadf.com slash WIRE.

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30.018 - 42.695 John Bickley

Amid mounting pressure for an Iran deal and economic relief here at home, the president and his cabinet send a clear message. Trump is in control.

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42.955 - 52.247 Donald Trump

I think we're doing very well. They are starting to give us the things that they have to give us. And if they do, that's great. And if they won't, then the man on my left is going to finish him off.

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52.708 - 73.257 John Bickley

I'm Daily Wire executive editor John Bickley. Georgia Howe is off today. It's Thursday, May 28th. This is Morning One. Mayor Zoran Mamdani unveils a radical new housing policy for New York centered on seizing private property.

73.597 - 79.545 Zorhan Mamdani

Buildings that have suffered chronic neglect. We will work to transfer ownership to responsible stewards.

80.386 - 88.275 John Bickley

And some of tech's biggest names are reeling from sticker shock on AI tools. We talked to an expert on what this means for AI adoption.

88.295 - 94.062 Allison Schrager

This kind of spend relative to the money it's bringing in is hard to justify.

94.261 - 97.385 John Bickley

Thanks for waking up with Morning Wire. Stay tuned. We have the news you need to know.

Chapter 2: What recent actions has President Trump taken regarding Iran?

141.745 - 163.367 Georgia Howe

An excellent hack for becoming a more fashionable person. Elevate your summer wardrobe today. Go to quince.com slash wire for free shipping on your order and 365 day returns. Now available in Canada too. That's q-u-i-n-c-e.com slash wire for free shipping and 365 day returns. That's quince.com slash wire.

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164.275 - 179.998 John Bickley

President Trump convened his full cabinet Wednesday, where he and other officials addressed a wide range of issues here and abroad. The meeting comes amid a series of defensive strikes by the U.S., including last night in response to four Iranian drones threatening ships in the Hormuz Strait.

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180.299 - 189.793 John Bickley

Joining us now with the details from the meeting and what's next on the president's docket is Daily Wire opinion editor Ben Dominich, host of The Big Ben Show. Ben, thanks for coming on.

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190.128 - 191.551 Unknown

Of course. Always great to be with you.

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191.571 - 207.985 John Bickley

So let's start with the top lines from this big cabinet meeting yesterday. As we reported, this kind of session is rare for Trump, and it's called in a particularly complicated moment on the foreign policy front in particular. So what were the big takeaways, including on Iran?

208.083 - 232.707 Unknown

Well, I think the big takeaway here is that the president wanted to send a message following the media reports over Memorial Day weekend of an pending Iran deal, one that was attracting a lot of criticism, particularly from the hawks within his party, not just the Lindsey Grahams and Tom Cottons of the world, but also people like Ted Cruz, that he was not going to accept a deal that did not achieve his aims.

232.687 - 250.273 Unknown

He says that Iranians are negotiating on fumes, which is one of the reasons why, and this is something that a senior administration official told us over the weekend, it's difficult for them to even negotiate given the lag time that happens between when you send something back to the Iranians and when they're coming back to you with a response.

250.253 - 263.548 Unknown

Personally, I think that the president wanted to just send the message, I'm in charge here. No one else is doing this. No one else is deciding whether we do it or not. There is not going to be some deal done that I am not content with. I think that was the key takeaway from this cabinet meeting.

264.068 - 279.906 John Bickley

Yeah, we also heard from Treasury Secretary Scott Besant on oil prices. He actually says prices will end up lower after this standoff with Iran is finally resolved. Is that just political messaging, or does the White House really seem that optimistic about where things are heading?

Chapter 3: What is Mayor Mamdani's new housing policy in New York City?

325.531 - 329.316 John Bickley

Do you think Trump accomplished what he set out to accomplish here?

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329.667 - 349.718 Unknown

100% when it comes to the primaries. He has been taking names and settling all family business over the course of this election cycle. And that's something that I think sends a message to the base. At the same time, I will say there is a situation here where the president, having decided all of these primaries, is making a bet on all these different candidates.

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349.698 - 363.522 Unknown

And now that means that if they end up running into a blue tidal wave, there will be people who say the president made the wrong choice. Now, this time around, I will say the president is making much wiser choices when it comes to the primaries of who he's choosing to back.

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363.637 - 374.553 John Bickley

Yeah, as we've seen with Trump 2.0, this is a well-oiled machine when it comes to these campaigns. Now, looking forward here, what should we keep an eye out for in D.C.?

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374.573 - 392.804 Unknown

Well, we've seen Donald Trump, the national security foreign policy president, insistent that Iran won't have a nuclear weapon. We've seen him. as a domestic policy president, you know, creating these Trump accounts, doing all these different things. But we also have to remember, this is Trump the showman. And what everybody's buzzing about in D.C.

Chapter 4: How are tech companies reacting to rising AI costs?

392.864 - 415.125 Unknown

right now is the fact that they are building this massive UFC fight set in front of the White House that everybody can see. When Mary Margaret Olan is walking into the White House, This is now so large, it looms over the White House itself. Everyone driving past is rubbernecking, and so it's creating traffic problems. So, look, Trump is looking forward to this on June 14th.

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415.145 - 429.25 Unknown

They're going to have this fight, and Dana White's been going around promoting it this week. And that's, I think, something that's going to be a reminder. Look, as much as Donald Trump 2.0 is someone who's very serious about his legacy, he also wants to put on a great show for the people.

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429.23 - 432.875 John Bickley

Yeah, and he does that better than anyone. Ben, thanks so much for joining us.

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433.456 - 434.417 Unknown

Great to be with you as always.

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436.661 - 451.642 Ben Domenech

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452.023 - 465.397 Ben Domenech

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465.657 - 478.409 Ben Domenech

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478.809 - 496.834 Ben Domenech

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497.658 - 516.386 Zorhan Mamdani

Through our new citywide campaign, Fix the City, we will focus on the worst landlords in New York City. When necessary, we will take aggressive legal action to remove negligent owners and property managers. And for buildings that have suffered chronic neglect, we will work to transfer ownership to responsible stewards.

Chapter 5: What challenges does Trump face with his foreign policy?

745.611 - 751.726 John Bickley

He's no doubt very effective in messaging to his constituents so far. Brekka, thank you so much for coming on.

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752.247 - 766.943 Ben Domenech

Thank you so much for having me. NetSuite is the number one AI cloud ERP, trusted by over 43,000 businesses. It brings together financials, inventory, commerce, HR, and CRM into one connected system. And that's what makes the AI useful.

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767.264 - 785.587 Ben Domenech

From software and IT services to healthcare, equipment manufacturing, financial services, and many other great American industries, NetSuite delivers a customized solution for your business. If your revenues are at least in the seven figures, get our free business guide, Demystifying AI, at netsuite.com slash morningwire. The guide is free to you at netsuite.com slash morningwire.

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786.008 - 787.71 Ben Domenech

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788.851 - 805.933 John Bickley

Companies have been pushing artificial intelligence as a way to cut costs, but some of the biggest names in tech are now running into a different reality. AI can be extremely expensive. Uber burned through this year's AI budget in just four months, while Microsoft is cutting back on coding tools.

805.913 - 822.538 John Bickley

Joining us now to discuss is Alison Schrager, a senior fellow at the Manhattan Institute and a Bloomberg opinion columnist covering financial topics. She's also the author of An Economist Walks Into a Brothel. I want to hear the end of that joke, Alison. Great to have you on. Thanks for having me.

822.721 - 840.662 John Bickley

So when you look at companies like Uber and Microsoft pulling back or reassessing at least some of their AI spending, is this a normal growing pain when it comes to new technology? Or does this tell us something more fundamental about the economics of AI and the reality of it?

841.03 - 856.149 Allison Schrager

Well, I think it's a little bit of both. There is this fundamental growing pain. They're actually having to account for the cost of, you know, heavy AI use. And like a lot of new technologies, it's not really so clear showing up in productivity numbers yet, certainly not in profits.

856.629 - 867.122 Allison Schrager

Now, whether or not long term, that is a sensible strategy, whether it's worth taking a loss to get your employees more AI oriented, you know, is a question. It probably comes down to individual companies.

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