The Powers That Be: Daily

Paul Ryan’s Debt Sermon & Wall Street’s Mamdani Panic

7 snips
Sep 9, 2025
Bill Cohan, a Puck contributor and author of 'Dry Powder', joins to unpack Paul Ryan's recent alarm about the national debt, sharing insights from his exclusive Wyoming retreat. He sheds light on Ryan's views on Trump's tariffs and the potential for bipartisan cooperation. The conversation shifts to Wall Street's anxiety over rising political star Zohran Mamdani and his mayoral candidacy, exploring how his campaign might impact the city’s economy and wealthy tax concerns. It’s a mix of politics, finance, and insider perspectives!
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ANECDOTE

Inside The Saratoga, Wyoming Retreat

  • Bill Cohan described the remote Brush Creek Ranch event and his long flight itinerary to reach the private airstrip in Saratoga, Wyoming.
  • He painted a vivid scene of private jets, Wagyu beef, and a high-powered retreat vibe.
INSIGHT

Bipartisan Commission As Debt Fix

  • Paul Ryan urged a bipartisan commission with real authority to tackle deficits as a potential legacy project for Trump.
  • Bill Cohan and others doubt Trump or today's polarized Congress would actually enact meaningful debt reduction.
INSIGHT

Ryan's Policy vs. Political Reality

  • Ryan reiterated he dislikes tariffs, fears the MAGA turn in the GOP, and sees debt as a major danger.
  • Cohan emphasized the gap between Ryan's sensible proposals and the political reality of an executive-driven, polarized era.
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