Trump's parade, FEMA phase out, and Warner Bros. Discovery divorces ... itself?
The Indicator from Planet Money
NPR
4.7 • 9.2K Ratings
🗓️ 13 June 2025
⏱️ 9 minutes
🧾️ Download transcript
Summary
On today's episode: the monetary cost of Trump's military parade, looks like FEMA could be phased out, and another change to Warner Bros. Discovery.
Related episodes:
Coyote vs. Warner Bros. Discovery (Apple / Spotify)
Gilded Age 2.0? (Apple / Spotify)
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Transcript
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| 0:00.0 | NPR. |
| 0:02.2 | This is the indicator from Planet Money. I'm Waylon Wong. |
| 0:15.2 | And I'm Darien Woods. And Estones throw from me, dancing in the dark, skulking in the shadows is... |
| 0:21.9 | Planet Money's very own Alexei Horowitz Ghazi! |
| 0:26.0 | Hello! Thank you for having me. And hold on, wait, I'm getting a calendar alert on my phone. |
| 0:30.9 | What is it? Oh, today seems to be... |
| 0:34.6 | Indicators on the week! |
| 0:37.2 | So on today's show, we've got the cost of the big army parade. |
| 0:41.8 | FEMA getting phased out. |
| 0:43.6 | And a giant entertainment corporate breakup. |
| 0:47.1 | We're talking about Warner Brothers discovery here, guys. |
| 0:50.5 | The tea will be spilt after the break. |
| 1:03.8 | It is Indicators of the Week, Daryon. You are kicking us off in style. What do you have? |
| 1:12.6 | All right. So my indicator of the week is $45 million. That's the upper bound cost estimate for President Trump's Army Parade this Saturday. |
| 1:18.7 | Yes, we have heard of nothing else. This is the parade that celebrates the Army's 250th anniversary, |
| 1:22.2 | but also happens to coincide with Donald Trump's birthday. |
| 1:29.6 | You're getting two parties for the price of one. Even so, various lawmakers are criticizing that price of the parade. |
| 1:35.8 | They're mostly Democratic, but even some Republicans. They're bulking at both what a military parade represents, and also that they would rather save the money. Right, especially at this time |
| 1:41.7 | of belt tightening across the government. Army Secretary Daniel Driscoll says that the festivities will help with recruiting. |
| 1:50.0 | That said, the Army has met its recruiting goal for the year. |
| 1:53.8 | So what is this party for? |
| 1:56.7 | Some says there to boost morale for the troops. |
... |
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