Raging Moderates with Scott Galloway and Jessica Tarlov

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Jessica Tarlov and Scott Galloway dive into the newly released details about the “memorandum of understanding” that President Trump has signed with Iran, purportedly ending the monthslong conflict, and launching a new chapter in U.S.-Iran relations. The agreement includes at least $300 billion in funding for Iran's reconstruction and economic development, a reopening of trade and shipping routes, and a framework for future negotiations.

But major questions remain. The deal does not address Iran's ballistic missile program, its conventional military forces, or the broader regional tensions involving Israel and Hezbollah. Scott and Jessica break down what's actually in the deal, why Iran ultimately agreed to it, what it means for Israel and America's allies, and whether this will be a lasting peace or simply a temporary pause in the fighting.

Plus: new Federal Reserve Chair Kevin Warsh's first major policy meeting took place, with some noteworthy differences from his predecessor Jerome Powell. Are interest rate hikes still on the table? 

And finally, both Scott and Jessica have a case of World Cup fever. They talk about reporting that fans of Scotland have taken over Boston and depleted some of the city’s most important natural resources.

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Scott Galloway and Jessica Tarlov break down the latest developments and revelations about the Iran deal, as Tehran publicly confirms key details, sending Iran hawks spiraling. The agreement would end military operations, reopen critical trade routes, and lift the naval blockade. But there are major absences when it comes to controlling Iran’s nuclear development and enrichment programs — which was a principal justification for the war in the first place. Also, given that the deal reportedly both ends U.S. sanctions and pledges hundreds of billions of dollars toward rebuilding Iran… is this an even WORSE deal than Obama’s JCPOA, which Trump often calls “terrible”?

Plus, California Governor Gavin Newsom, one of the leading Democratic contenders for 2028, publicly announced that both he and his wife are under investigation by Trump’s DOJ. According to Newsom, he and his family have been visited by federal investigators, who he claims are searching for a crime.

Also: Vice President JD Vance continues to try and shape his post-Trump identity, as he kicks off a media tour publicizing his new book about his faith journey as a convert to Catholicism. And, the United Kingdom moves closer to banning social media for children under 16. Is this a good move — or are the problems facing young people today far bigger than just the algorithms?

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After more than 100 days of war, President Trump says the U.S. and Iran have reached a ceasefire agreement. But major questions remain unanswered. Iran has yet to fully confirm the deal, the future of Tehran’s nuclear program is unresolved, and regional tensions involving Israel and Hezbollah are still simmering. In fact, Trump says the full text of the agreement won’t be released until Friday.

Scott Galloway, Jessica Tarlov, and special guest Ian Bremmer break down what the next 60 days could look like. They discuss whether this agreement has any realistic chance of holding, and who stands to benefit politically if negotiations succeed — or collapse.

They also discuss what Trump’s announcement means heading into the G7 summit in France, and why the Strait of Hormuz remains one of the most important pressure points in the global economy.

Plus: Trump celebrates his 80th birthday by hosting a UFC event on the White House lawn, which is not a sentence that would have made any sense even a very short time ago in America’s 250-year history. Jessica and Scott discuss the cultural significance of this event — and a shocking remark made by one of the participants. When looked at alongside the recent allegations against Graham Platner — the Democratic nominee for Senate in Maine — what does this spectacle say about Democrats’ and Republicans’ divergent views of masculinity?

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In the wake of Game 4 of the NBA Finals, which saw the New York Knicks mount the largest comeback in Finals history to win the game, Jessica Tarlov gives Scott Galloway an update on Knicks fever from the streets of New York City. Then, Scott and Jessica talk about how the fragile ceasefire between the U.S. and Iran is showing signs of collapse after yet another round of attacks. President Trump is now threatening to hit Iran “VERY HARD TONIGHT.” 

At the same time, Americans are feeling the economic impact at home. Inflation rose 4.2% in May — the highest monthly increase in three years — and that’s on top of gas prices and summer travel costs surging as the Iran conflict drags on. 

Scott and Jessica also discuss what is poised to be the biggest IPO in history as SpaceX prepares to go public — potentially creating thousands of new millionaires overnight. But is this IPO actually just a way to leave retail investors holding the bag?

Plus: Bill Gates testifies about Jeffrey Epstein before Congress — but behind closed doors —  as new reporting reveals the panic over the Epstein files release inside Trump’s White House, and the pressures the administration felt from the MAGA base. The Trump administration also proposes new restrictions tied to mail-in voting and the U.S. Postal Service, setting up another massive legal and political fight ahead of the midterms.

Finally, they discuss the World Cup — which begins this week at venues across North America, including in the U.S., where tensions have already arisen between the many international visitors to the country, and the Trump administration’s hardline approach to foreigners. Will the U.S. do a worse job than Russia did?

KNICKS IN FIVE!

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Scott Galloway and Jessica Tarlov respond to Trump getting loudly booed at the NBA Finals in New York City, before diving into the much bigger political and economic fights shaping the 2026 midterms.

A federal judge has blocked Trump’s controversial $100,000 H-1B visa fee, dealing a major blow to one piece of the administration’s broader immigration crackdown.

Meanwhile, Democrats are trying to focus voters on affordability heading into the midterms, with House Minority Leader Hakeem Jeffries promising economic relief as a top priority if Democrats regain power. But will the Democrats have enough of a substantive plan to really address the needs of working people, and shake their party’s reputation as ineffective?

Rather than taking on the cost of living crisis,  Republicans appear to be moving in a very different direction. Greg Bovino, Trump’s former commander-at-large of the Border Patrol, is openly considering a 2028 presidential run centered around mass deportations and aggressive nationalist rhetoric. 

Plus: a lawsuit seeks to block Trump’s planned UFC event on the White House lawn ahead of his 80th birthday. And a Forbes report has revealed that Silicon Valley elites are paying enormous sums not just for escorts, but for companions to discuss AI, crypto, and biohacking with them. What does that say about loneliness, technology, and the wealthy cohort of socially stunted men aiming to shape our future?

For ad-free episodes, exclusive livestreams, and to connect with Scott, Jessica, and the Raging Moderates community, join us at ProfG+ on Substack: https://ragingmoderates.profgmedia.com/

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