August 25, 2026
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President Trump’s strategy toward Iran and the Strait of Hormuz is becoming a major focus as new developments raise questions about whether his pressure campaign is beginning to work. Susan Kokinda of Promethean Action joins me to discuss Trump’s claims that the U.S. military controls the Strait of Hormuz, Iran’s leadership is increasingly divided, and the Iranian economy is approaching a breaking point.
Reports of food shortages, gasoline lines, collapsing oil revenues, and enormous daily economic losses are putting additional pressure on Tehran. At the same time, figures including Mohammad Bagher Ghalibaf, President Masoud Pezeshkian, and Hassan Khomeini are part of a growing discussion about whether Iran can declare victory, negotiate an honorable conclusion, and begin rebuilding its economy. We’ll examine whether Trump’s strategy is actually pushing Iran toward the negotiating table.
We also discuss Treasury Secretary Scott Bessent and reports surrounding the administration’s strategy for managing America’s staggering $40 trillion national debt. Could restructuring Treasury financing lower borrowing costs and eventually help Washington begin reducing the debt? And what could this mean for the U.S. dollar, global financial markets, the petrodollar, and major financial institutions in London?
Susan Kokinda also weighs in on Congressman Byron Donalds, concerns about possible foreign influence in American elections, and whether political figures in the United Kingdom could become involved in the 2026 midterm election conversation after prominent British political activists supported Kamala Harris in 2024.
Finally, we discuss Trump’s latest comments, the “TACO” criticism of his negotiating strategy, the unusual Lake Ontario/Lake America conversation, and the biggest question facing Republicans: **How strong does MAGA look heading into the 2026 midterm elections?**
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