Squawk Pod Internet Blackout in Iran & Protests in Minneapolis 1/9/26
6 snips
Jan 9, 2026 
Matt Mahan, the Mayor of San Jose and a vocal critic of California's proposed wealth tax, shares his insights on the potential dangers of capital flight and the impact on innovation. He discusses the growing concerns of billionaires leaving the state and stresses the need for pragmatic solutions before imposing new taxes. Additionally, Mahan highlights the necessity of addressing government waste and closing loopholes. The conversation sheds light on the intricacies of local economic policy amidst a national debate.
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Iran's Nationwide Internet Blackout
- Iran restricted phone and internet access as thousands protested across roughly 100 cities.
- The crackdown followed violent security force responses that left dozens dead and many injured.
Reduce Fraud By Requiring Minimal Premiums
- Fixing Obamacare subsidies should target waste and fraud, not just renew payments.
- Consider minor premium contributions to ensure enrollees know they have coverage and reduce abuse.
Reconciliation As A Fast Fix
- Reconciliation remains an open option to overhaul subsidy fixes and could be done on a partisan basis.
- Bipartisan talks continue but reconciliation offers a faster legislative path if negotiations stall.