Trump vs Powell, Solving the Debt Crisis, The $10T AGI Prize, GENIUS Act Becomes Law

(0:00) The Besties welcome Gavin Baker!

(1:51) Markets: Pricing in tariffs, Trump vs. Powell, solving the debt crisis

(19:24) The $10 trillion AGI prize, what artificial general intelligence and superintelligence looks like in the economy

(38:33) Sacks and Bo Hines join to discuss the GENIUS Act and the CLARITY Act passing the House this week, and what it means for crypto in the US

(52:42) AI Infrastructure: $90B in new investments announced, Nvidia H20 export restrictions lifted

(1:06:06) Sacks interviews Senator Bill Hagerty on the passing of the GENIUS Act

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Referenced in the show:

https://www.bloomberg.com/news/articles/2025-07-16/trump-likely-to-fire-powell-soon-white-house-official-says

https://www.nytimes.com/2025/07/16/us/politics/trump-powell-firing-letter.html

https://polymarket.com/event/fed-decision-in-september?tid=1752872350388

https://www.cnbc.com/2025/07/15/cpi-inflation-report-june-2025.html

https://www.cnbc.com/quotes/US30Y

https://polymarket.com/event/will-trump-remove-jerome-powell

https://polymarket.com/event/who-will-trump-announce-as-next-fed-chair?tid=1752854752131

https://www.politico.com/live-updates/2025/07/15/congress/house-gop-crypto-bills-trump-00455645

https://www.nytimes.com/2025/07/15/us/politics/trump-ai-pittsburgh-speech.html