Full Episode - War With Iran Is Devouring Trump’s Presidency +  Bringing Local News Back From The Brink
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Full Episode - War With Iran Is Devouring Trump’s Presidency + Bringing Local News Back From The Brink

2:18:52 Mar 11, 2026
About this episode
Chuck Todd surveys a political landscape where multiple crises are converging on the Trump administration simultaneously — and none of them are going well. The Iran war, which Chuck reiterates is a war of choice, appears to be devouring Trump's presidency: the administration burned through nearly $6 billion in munitions in just two days, is sending contradictory messages of reassurance and escalation that appear designed to manipulate markets, and seems to be operating entirely by the seat of its pants. He warns that asymmetric warfare has never gone well for the United States, that energy markets are in turmoil as Iran deliberately tries to inflict economic pain, that the threat of stagflation and energy shortages is very real, and that Trump's threat to use the Fed to shape oil markets has alarmed economists.  He argues that if Trump could undo the war he would — but this won't be Venezuela 2.0, because there's no opposition on the ground to coordinate with, you can't change a regime without boots on the ground that Trump won't commit, and if the regime simply survives, that counts as victory for Iran. Meanwhile, Trump naively buys Putin's claim that Russia isn't helping Iran with targeting, and that new polling shows a majority of Americans oppose the war — with MAGA influencers notably against it even as older rank-and-file supporters stick with Trump. Beyond Iran, Chuck  hits the Ticketmaster settlement as proof that Trump talks a big populist game but the lobbyists always win, warns that a partial DHS shutdown risks snarling air travel and punishing the flying public while ICE has already been funded, and cautions Democrats not to overplay their hand on the shutdown. Then, John Adams, editor of the Montana Free Press, joins the Chuck Toddcast to make the case that local journalism has been in crisis — and that saving it might be one of the most important things Americans can do for their democracy. Adams is on the show to promote Local News Day on April 9th, a nationwide effort involving 700 local newsrooms aimed not at fundraising but at spreading awareness. He traces the origin story of the Montana Free Press back to his appearance in the documentary "Dark Money", a story about outside money quietly trying to buy Montana politics at the local level with zero disclosure — and the journalists best positioned to expose it were losing their jobs. Adams argues the economics of local news changed drastically as advertising revenue collapsed and audiences became hypnotized by social media and smartphones, but that the need and appetite for local reporting never went away. The conversation turns to the deeper consequences of local news deserts: the loss of trusted community voices created a vacuum that bred distrust in the national press, because people no longer had local "character references" — journalists they knew and saw at the grocery store — to anchor their understanding of how media works. Adams warns that the ris
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