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The Daily Punch

Congress’ war over the war

The Daily Punch

Punchbowl News

News, Government, Politics

4.3707 Ratings

🗓️ 2 March 2026

⏱️ 11 minutes

🧾️ Download transcript

Summary

With President Donald Trump plunging the U.S. into its riskiest military gamble in two decades — overthrowing the Iranian regime — lawmakers on Capitol Hill are locked in a struggle over every facet of the conflict. Anna and Jake discuss the latest. Plus, what the Anthropic mess means for Congress. Watch this episode on YouTube here! Punchbowl News is on YouTube⁠. ⁠Subscribe⁠⁠⁠⁠⁠⁠ to our channel today to see all the new ways⁠⁠ ⁠we’re investing in video.⁠⁠⁠⁠⁠⁠ Want more in-depth daily coverage from Congress?⁠⁠⁠⁠⁠ Subscribe⁠⁠⁠⁠⁠⁠ to our free Punchbowl News AM newsletter at punchbowl.news.⁠⁠⁠⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Presented by the Independent Community Bankers of America, with nearly 45,000 locations,

0:05.0

community banks used deposits to provide $4 trillion in local lending.

0:09.0

ICBA urges Congress to preserve the time-tested value of community banks

0:13.0

by extending the prohibition on yield-bearing payment stable coins to all digital asset market participants.

0:19.0

Allowing yield-bearing payment stable coins could shrink community bank lending by $850 billion,

0:24.7

diminishing access to credit for consumers, small businesses, and rural communities.

0:29.3

To learn more, visit ICBA.org slash stable coins.

0:33.2

I don't think he won the white.

0:34.6

And I don't think we were all here.

0:36.5

He didn't win the White House on a message of,

0:38.5

I am going to overthrow the Iranian regime and enact a regime change in Tehran.

0:44.0

He did not.

0:50.2

Good morning.

0:50.8

I'm Anna Palmer.

0:51.6

And I'm Jake Sherman.

0:52.4

And welcome to The Daily Punch.

0:53.8

Bride you by Punchable News. It's Monday, March 2nd, 2026. Let's get in the mix. Here are your Washington headlines of the day. Number one, Congress is war over war with Iran. Number two, the Petting on Policy Chief is set to head to Capitol Hill, what he'll say. And number three, what the anthropic mess with the Trump administration

1:11.5

means for Congress. R.A.K, it was a very busy weekend here in Washington. And we are teeing up this

1:18.3

morning's newsletter looking at how Congress is now facing the war over the war. With President

1:24.5

Donald Trump plunging the United States into its riskiest military gamble in

1:27.5

two decades overthrowing the Iranian regime, Republicans and Democrats on Capitol Hill are

1:32.2

locked in a struggle over every facet of the conflict, military, political, and even morale we

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