Trump Says Strait Is Open, Wants to Cut Iran a $20B Check | Receipts LIVE
Bulwark Takes
The Bulwark
4.7 • 1.1K Ratings
🗓️ 17 April 2026
⏱️ 47 minutes
🧾️ Download transcript
Summary
JVL and Catherine Rampell are going live to cover Trump's announcement that the Strait of Hormuz is open, the potential $20B Iran could get from the U.S., and Catherine's latest reporting on the White House blaming corporate greed for their economic woes.
Read more from Catherine's newsletter here: https://www.thebulwark.com/p/when-all-else-fails-just-blame-corporate-greed-greedflation
Read more from JVL's Triad here: https://www.thebulwark.com/p/a-trump-madman-theory-of-the-stock-market
Transcript
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| 0:27.5 | just in the race. You're built to win it. Hello, everyone. This is JVL Future Webby Award winner |
| 0:34.2 | with my dear friend, Catherine Rampel, author of The Receipts Newsletter, |
| 0:39.3 | and we're going to talk about economics and the things that are happening in the world of money |
| 0:44.8 | because, as we've discovered every Friday, there's always good stuff happening, Catherine. |
| 0:50.3 | And today's stuff is that the... |
| 0:53.2 | An embarrassment of riches, yes. |
| 0:54.8 | Straight of Iran is open. |
| 0:57.0 | It is the straight of Iran, which is what he set right there. |
| 1:00.7 | You see it right there. |
| 1:01.7 | He calls it the straight of Iran. |
| 1:04.5 | It's like the Gulf of America. |
| 1:06.9 | Maybe that's part of what they get out of the deal. |
| 1:09.2 | We're going to renew it for them. |
| 1:10.7 | I hadn't considered that. |
| 1:12.0 | That's a good theory. |
| 1:13.6 | It is fully open, ready for business. |
... |
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