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Background Briefing with Ian Masters

January 28, 2026 - Dean Baker | Brad Carson | David Faris

Background Briefing with Ian Masters

Ian Masters

News

4.7622 Ratings

🗓️ 28 January 2026

⏱️ 60 minutes

🧾️ Download transcript

Summary

Trump Tanks the Dollar After the World Saw a Demented Fool at Davos Rambling Like a Lunatic | The Fight Over State Preemption As Silicon Valley Billionaires Fund a War Chest to Defeat AI Regulation | The Need to Shut Down the Government to Defund ICE Terror

Transcript

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0:00.0

Hello and welcome to Background Briefing, available 24-7 at Background Briefing.org. I'm Ian Masters, and today we'll examine a number of stories and issues in the news.

0:25.0

We'll begin with Trump's destruction of the U.S. economy, and in particular the dollar,

0:32.1

which has fallen 10% since Trump's return, with gold surging up almost 90% since Trump's second inauguration, as the world begins to worry that the person in charge of the United States

0:37.2

is that

0:38.1

incoherent fool who rambled on like a lunatic at Davos.

0:43.0

Joining us is Dean Baker, senior economist, co-founder of the Center for Economic and Policy

0:49.0

Research, a progressive economic think tank based in Washington, D.C.

0:53.3

He's the author of Rigged how globalization and the rules of the modern economy

0:57.0

was structured to make the rich richer, and he writes the popular economics blog,

1:01.0

Beath the Press, where he has an article we will discuss,

1:05.0

Doing Well by Doing Good, Dump Your American Stocks.

1:09.0

Then we'll look into the fight over state preemption of federal AI

1:12.6

regulation as the White House AI and Crypto Tsar with the backing of Silicon Valley billionaires

1:18.8

puts together a $100 million super PAC to target Democratic candidates who are calling for stricter

1:25.6

regulation of AI. Joining us is Brad Carson, co-icter regulation of AI.

1:28.0

Joining us is Brad Carson, co-founder and President of Americans for Responsible Innovation, and

1:34.6

the University of Tulsa's 21st President.

1:37.9

In 2015, President Barack Obama appointed him acting under Secretary of Defense for Personnel

1:43.5

and Readiness at the United States Department of Defense,

1:46.0

and prior to that, he served as the Undersecretary of the U.S. Army,

1:50.0

and from 2001 to 2005, Brad served two terms as a U.S. congressman representing Oklahoma's second district.

2:00.0

He is now launching a Democratic Super

...

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