Episode summary
29th Annual Milken Institute Global Conference Special: Day Three | Bloomberg Businessweek
Bloomberg Businessweek Daily
· · Hosts: Carol Massar, Tim Stenovec · Guests: Ted Deutch, Breezy Johnson, Trisha Worthington, Mehmet Oz, Ben Kennedy, Jeff Gordon
Summary
The episode centers on the Trump administration’s tentative Iran framework and the political and security questions around it. A guest argues the deal must be comprehensive, not just about nuclear limits, and says it also has to address ballistic missiles, terror proxies and sanctions relief. The guest frames the issue as a shared concern for the U.S., Israel and regional allies, while stressing that Washington will remain in charge of any agreement.
The conversation then turns to antisemitism in the U.S., with the guest citing survey findings that 86% of Jewish Americans believe it has increased and nearly half of young American Jews say they were personally targeted in the last year. The guest blames online radicalization and what the guest calls algorithmic hate machines, arguing social media companies have a business responsibility to curb the spread.
Later segments shift to sports business. Breezy Johnson and Trisha Worthington discuss the economics of Olympic skiing, the role of sponsorships and the growing commercial value of women’s sports. Dr. Mehmet Oz makes the case that healthcare affordability and fraud reduction are central to preserving Medicare and Medicaid, while Ben Kennedy and Jeff Gordon describe NASCAR’s growth through media rights, new venues and international expansion.
Key takeaways
- The guest says any Iran deal has to be comprehensive and must include nuclear limits, ballistic missiles and terror proxies, not just a one-page memo.
- The guest says the U.S. and Israel share the goal that Iran can never obtain nuclear weapons, but Washington will make the final decisions.
- The guest cites AJC survey data showing 86% of Jewish Americans think antisemitism has increased and nearly half of young Jewish Americans have been targeted personally.
- Dr. Mehmet Oz says one in three Americans who get a prescription cannot fill it, and he argues TrumpRx.gov is meant to improve price transparency.
- Ben Kennedy says NASCAR’s new media package, including Amazon Prime coverage of five races, is helping the sport reach younger audiences and expand globally.
Notable quotes
“It has to include every piece of this. Yes, nuclear top of the list. Iran can't be allowed to nuclear weapons”
“the idea that something that's happening 6,000 miles away somehow justifies an attack on the Jewish community here is outrageous”
“The social media companies cannot become algorithmic hate machines. And that's what's happening”
“One in three Americans after they see their doctor, get a prescription, go to the pharmacy, cannot fill it”
“we created the Amazon Prime deal in our new media rights package, which takes us through 2031”
How the episode opens
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Listen on demand wherever you get your podcasts or watch us live on YouTube. It's Escape from LA, the final day at Milken Day 3 flyout day as we like to call it in Washington, D.C. President saying that we've got a memo of understanding when it comes to the Strait of Hormuz that will gradually be reopened under this very sketchy framework.
It's literally a one-pager here, Carol, but the market's not waiting around to find out.
No, indeed. And I think we have a great guest also to talk about kind of the region and I think about Israel and their role in all of this.
Yes, absolutely. The former Republican Congressman Democratic Congressman from the state of Florida, Ted Deutch. I didn't mean to do that to you.
Is now CEO of the American Jewish Committee and it's wonderful to see you here at Milken. Thanks for being with us on Bloomberg TV and radio. You're engaged in a really important fight against anti-Semitism right now, which I'm looking forward to asking you about, but with this news today, I'm just wondering how you're interpreting this and whether you think we're getting way over our skis on hopes for peace.
Well, most importantly, I chaired the Middle East Subcommittee for a while when I was in Congress and when it comes to Iran, there has always been bipartisan recognition that Iran's the greatest impediment to peace in the region. They violate the human rights of their own people. They export terror at in addition to the nuclear program and in addition to the ballistic missiles.
From the episode’s captions: roughly the first two minutes, lightly cleaned. Keep watching on YouTube →
Topics
- global economy
- healthcare policy
- philanthropy
- sports olympics
- motorsports innovation
Companies and tickers mentioned
- American Jewish Committee
- US Ski & Snowboard
- NASCAR
- Hendrick Motorsports
- Milken Institute
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Summary, takeaways and quote selection by Octagon. Quotes are short excerpts; the full conversation is in the episode.
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