Good evening once again. I am Stephanie Ruhl. Take a deep breath, sit back, pour yourself a drink,

because it is time for the nightcap. And after this week, it is now abundantly clear we are in year

two of the second Trump administration. The president is upending decades of cooperation with our

most important allies around the world. While here at home, he pushes for more deportations,

files lawsuits, and threatens to retaliate against his perceived enemies. Just this week, he threatened to

seize Greenland and tariff Europe. He questioned the value of NATO, sued JPMorgan for $5 billion,

threatened the independence of the Federal Reserve,

and sent ICE to yet another state. Maine.

He even called for Jack Smith to be prosecuted.

A lot has changed in year one, and even more has changed in this past week.

So let's bring in our nightcap because it's a great one.

Steve Leasman joins us, CNBC, senior economics reporter. MS Now political analyst, Molly John Fash,

she's a contributing writer for The New York Times and host of the Fast Politics podcast,

which I will be joining next week. Eddie Glaude, Princeton professor and MS Now contributor and

Paul Reikoff, founder and CEO of

Independent Veterans of America, and he's host of the Independent Americans podcast. Paul, I'm going to

turn to you first. After the president's speech in Davos, what did that reveal to the world?

That we are no longer the good guys.

Wow.

Trump is now terrorizing most of the world, and he's pissing off just about every ally

that shed blood with us, that's had wounded troops alongside us, and he's managed to tick

off even our most trusted allies.

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