The most dangerous phase of a presidency and a war

The David Pakman Show - August 3, 2026

Already a website member? Watch the show commercial-free here | Want to become a member? Sign up here

Six months after launching military operations against Iran, Donald Trump is facing a worsening strategic defeat as critical weapon stockpiles are running dangerously low. Iranian forces retain effective control over the Strait of Hormuz while American allies are drawing closer to China.

Donald Trump posted AI memes on Truth Social while falsely asserting that Iran requested a diplomatic pause. Iranian official Mohammad Marandi publicly rejected Donald Trump’s claims, showing an administration stuck in an endless cycle of empty threats and abrupt retreats.

Representative Max Miller published a video defense to address court filings in which his ex-wife, Emily Moreno, accused him of brandishing a firearm and causing their child’s broken collarbone. Her father, Senator Bernie Moreno, publicly warned that Rep. Max Miller is dangerous despite previous endorsements from Donald Trump.

Capital One disclosed court documents showing that its financial compliance team closed more than 300 accounts tied to Donald Trump following anti-money-laundering reviews. Bank officials confirmed the closures stemmed strictly from transaction patterns flagged in federal guidance.

During a press exchange aboard Air Force One, Donald Trump struggled to answer questions regarding AI safety and confused ABC with the BBC. Trump also claimed he generated $75 billion dollars through Intel while defending Max Miller against domestic violence accusations.

Robert F. Kennedy Jr. argued heatedly with Dana Bash on CNN after she defended vaccine effectiveness. RFK Jr. claimed that Dana Bash lacked scientific knowledge, prompting the anchor to note his own lack of credentials.

Finally, Rick Wilson, longtime Republican political strategist and co-founder of the Lincoln Project, joins us on Substack Live to discuss Trump’s decline and Democratic midterm strategy.

On today’s bonus show:

Three dead in Idaho In-N-Out shooting, Blanche assures skeptical senators the anti-weaponization fund is dead, Trump “wins” his Bedminster club championship, and much more...

Already a website member? Watch the bonus show here | Want to become a member? Sign up here

---

Don’t miss the full show with these stories and others, plus all of our analysis.

This episode is available completely free on Apple Podcasts, Spotify, and YouTube.