Capitol Gains

By: Yahoo Finance
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  • Summary

  • Welcome to Yahoo Finance’s unique look at how US government policy will impact your bottom line. Our bottom line? It’s still the economy, stupid! We look at the big issues: from inflation, to taxation and everything in between. We’ve got team coverage from New York to Los Angeles, but we start at the heart of the action here in Washington DC.
    Yahoo Finance LLC
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Economics Personal Finance Political Science
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Episodes
  • Senator Mark Kelly on state of race, CHIPS Act

    Senator Mark Kelly on state of race, CHIPS Act
    Nov 1 2024
    As the United States enters the eleventh hour leading up to Election Day, eyes remain on the future of the U.S. economy, especially with Vice President Kamala Harris and former President Donald Trump having very different approaches on economic policy. In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and senior columnist Rick Newman discuss the $34 trillion national debt, as well as the latest from Trump’s billionaire allies like Elon Musk and John Paulson who want to come in and help cut the federal budget should Trump be elected into office. Ultimately, Musk and Paulson cannot make these calls themselves. Congress decides where to designate funds or make cuts to the federal budget. They will be the ones deciding where to make budgetary concessions as well as the amount. And then that can get complicated due to congressional relationships with various government agencies. “Every member of Congress has some stake, some turf in some portion of the federal government,” Newman says. They’re not going to give up their turf because turf is power.” Later, they are joined by Democratic Senator of Arizona, Mark Kelly, to discuss the state of the race in the battleground state of Arizona, as well as his reaction to Trump’s comments on the CHIPS act. Watch more episodes of Capitol Gains here. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices
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    26 mins
  • Here’s why betting markets are favoring a Trump presidency

    Here’s why betting markets are favoring a Trump presidency
    Oct 25 2024
    We are in the home stretch of the 2024 election cycle and the race between Vice President Kamala Harris and former President Donald Trump could not be more tight. Though the polls remain close, the margin between the two is much wider in the world of betting markets. What does this mean for the campaigns? We get into it. In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and senior columnist Rick Newman are joined by Jim Bianco, president and macrostrategist of Bianco Research, to discuss the betting markets and whether or not they are a good indicator of who could be elected to be the next President of the United States. While the betting markets are favoring a Trump victory, Bianco argues it’s a trend that is following the former president's poll trajectory. “The whole point of the betting markets is they're supposed to anticipate what's coming next,” Bianco says. “Doesn't mean they're right. It's just that there's a logical reason for why it's trading there.” Ultimately the only true deciding factor will come down to voter turnout on Election Day. Watch more episodes of Capitol Gains here. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices
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    26 mins
  • Why Elon Musk has inserted himself in the 2024 Election

    Why Elon Musk has inserted himself in the 2024 Election
    Oct 18 2024
    The 2024 White House race is a toss-up between Vice President Kamala Harris and former President Donald Trump. As the campaigns continue to push on in these final weeks, we have our eyes on both candidates to see if they can make any more headway with undecided voters. Will Harris’s Fox News interview move the needle? Can Trump’s billionaire backers and tax promises push him to the finish line? We get into it. In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and senior columnist Rick Newman break down how the candidates are spending their time in these final days of the election cycle and hone in on Elon Musk and his support for the Trump campaign. “Musk has a lot riding on the election,” Werschkul says. In recent days the tech mogul turned social media CEO put 75 million dollars into his super-PAC supporting the Trump campaign. “He wants influence here and he’s putting a big bet on his ability to get it.” Later in the episode, Akuffo, Werschkul, and Newman are joined by Rachel Snyderman, Managing Director of Economic Policy from the Bipartisan Policy Center, to discuss expiring tariffs, expiring tax cuts, and a potential “fiscal armageddon.” Watch more episodes of Capitol Gains here. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices
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    26 mins

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