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The President's Daily Brief

PDB Afternoon Bulletin | January 2nd, 2026: Iran Protests Turn Deadly & China’s Hidden Role in Oklahoma’s Marijuana Boom

02 Jan 2026

Transcription

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

0.031 - 37.11 Mike Baker

Looking to diversify and protect your hard-earned assets? Well, schedule a free consultation with the Birch Gold Group. They're the precious metals specialists. Just text PDB to the number 989-898 and you'll receive a free no-obligation information kit and you'll learn how to convert an existing IRA or a 401k into a gold IRA. Again, text PDB to 989-898. It's Friday, the 2nd of January.

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37.391 - 59.805 Mike Baker

I hope your new year is off to a very good start. Welcome to the PDB Afternoon Bulletin. I'm Mike Baker, your eyes and ears on the world stage. All right, let's get briefed. First up, protests in Iran turned deadly as security forces opened fire, adding fuel to an already volatile situation, and drawing a sharp warning from the White House.

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60.586 - 76.647 Mike Baker

Later in the show, a New York Times investigation has revealed how a marijuana boom in rural Oklahoma led investigators to New York, shadowy ownership networks, and unexpected ties to China. But first, today's afternoon spotlight.

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76.627 - 92.143 Mike Baker

Earlier this week, we told you about growing protests across Iran, demonstrations driven by a collapsing economy, soaring prices, a lack of basic resources, and long-simmering anger toward the regime. Now, those protests have taken a deadly turn.

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92.764 - 115.812 Mike Baker

What began as scattered demonstrations has escalated into violent clashes between protesters and Iranian security forces, leaving multiple people dead and pushing an already volatile situation closer to the edge. According to reports, protests erupted across several Iranian cities as crowds gathered to denounce economic mismanagement, corruption, and the steep decline in living standards.

116.453 - 140.89 Mike Baker

Witnesses described chants targeting senior leadership, with demonstrators openly challenging the authority of the Islamic Republic in a way that we haven't seen at scale since the nationwide unrest of 2022. And the response from authorities has been swift and now lethal. Iranian security forces, including riot police and paramilitary units, moved aggressively to break up crowds.

141.331 - 165.595 Mike Baker

In several locations, live ammunition was used. At least a handful of protesters are now confirmed dead. Though the true toll may be higher. As is often the case in Iran, information is tightly controlled, independent reporting is difficult, and casualty figures, well, are likely underreported. The regime, for its part, claims it's responding to, quote, rioters and foreign-backed agitators.

165.575 - 186.4 Mike Baker

State media has attempted to frame the violence as necessary to restore order. Hey, we're going to have to shoot some protesters in order to restore order. But human rights groups and eyewitnesses, well, they tell a different story. A story of unarmed civilians confronting a security apparatus controlled by the mullahs. Now, Iran is already, of course, under severe strain.

186.861 - 205.572 Mike Baker

The economy has been buckling under sanctions. Inflation is eating away at household incomes. Current estimates have inflation rates at 42%. Basic resources are scarce. Corruption and mismanagement have created water and power shortages. And public confidence in leadership is on the outs.

Chapter 2: What triggered the deadly protests in Iran?

287.541 - 310.25 Mike Baker

They were sparked by a frustrated population increasingly fed up with a regime that spends billions on weapons programs and terrorist proxies while ignoring the basic needs of its citizens. If inflation destroys your savings, fuel and food costs keep rising, and there's no water when you turn the tap on, well, it might seem like taking to the streets is your next best option.

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311.051 - 334.156 Mike Baker

The key question now is what comes next. If the regime tightens its grip, deploying more force, making mass arrests, or cutting off communications, it may temporarily suppress the demonstrations, but it also risks igniting something larger, something more difficult to contain. And if the death toll rises, the pressure on foreign governments to respond will only grow.

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334.196 - 357.042 Mike Baker

We'll be watching for several things in the days ahead, whether protests spread to additional cities, whether security forces escalate further, and whether Tehran signals any willingness to negotiate. Iran has been here before. The difference now is just how fragile the moment appears. It feels different, and how little room the regime has left to maneuver.

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357.022 - 374.116 Mike Baker

All right, coming up next, a surprising link between Oklahoma's cannabis industry, organized networks in New York, and Chinese-connected money flowing through the heartland. I know, it's a strange game of connect the dots. I'll be right back. Hey, Mike Baker here.

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374.397 - 392.563 Mike Baker

Now, as we move into the new year, many of us are looking to build more intentional lives to live deliberately and better aligned with our purpose and values. You know what I'm talking about. That's why I want to tell you about Glorify. It's the number one Christian daily devotional app. Glorify can help you lead a more intentional life.

392.543 - 409.24 Mike Baker

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409.64 - 436.196 Mike Baker

And they've also got sleep meditations to help you wind down and reflect on your day. Over 20 million people have used Glorify to deepen their relationship with God. They've provided an opportunity now for PDB listeners to get full access to Glorify for less than $30 for an entire year. All you have to do is download the app now at glorify-app.com slash PDB. That's glorify-app.com slash PDB.

436.697 - 458.182 Mike Baker

Feel closer to God this year with Glorify. Get full access all year for just $29.99 at glorify-app.com slash PDB. Mike Baker here. Let me take just a moment of your time to talk about financial goals. And as we start the new year, it's a perfect time to do that. And I want to tell you about a great company out there that's helping people reach those goals.

458.682 - 478.829 Mike Baker

Look, you don't need to overhaul your life to start investing. Just automate it. With Stash, your new year money goals can quietly run in the background while you focus on everything else that's going on in your busy life. Stash, you see, isn't just another investing app. It's a registered investment advisor that combines automated investing with expert personalized guidance.

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