Raging Moderates with Scott Galloway and Jessica Tarlov - Trump’s “War of Choice” is Causing Chaos and Danger (ft. Sen. Mark Warner)

Episode Date: March 26, 2026

Scott Galloway is joined by Sen. Mark Warner, ranking Democrat on the Senate Intelligence Committee, to talk through the latest in Iran. They discuss the prospects of Trump escalating the conflict by sending in ground forces, or initiating a new bombing campaign. Warner discusses the far-reaching economic consequences stemming both from the chokehold on the Strait of Hormuz, and from Trump’s confusing decision to ease sanctions on both Russia and Iran. And they evaluate how Congress can negotiate a war while facing such a contentious relationship with Pete Hegseth and the Pentagon. Plus, Sen. Warner talks about the biggest threat facing the country right now: election security. He explains why and how Trump might interfere with the midterms this year, and what role ICE might play in the disruption. Finally they discuss the recent verdict in the social media addiction trial against Meta and YouTube. Follow Jessica Tarlov, @JessicaTarlov Follow Prof G, @profgalloway Follow Raging Moderates, @RagingModeratesPod Subscribe to our YouTube Channel: https://www.youtube.com/@RagingModerates Learn more about your ad choices. Visit podcastchoices.com/adchoices

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It's clearly not off the table. We've got about 6,000 troops in transit. War starting to come. My gut is, and I have no intelligence on this, that's a tough nut to crack. Welcome to Raging Modits. I'm Scott Galloway. My co-host, Jess Tarlov, is off today.

But we're fortunate to be joined by Senator Mark Warner, who has represented this state of Virginia since 2009 and serves as vice chair of the Senate Intelligence Committee. Senator Warner, really appreciate you taking the time to be with us, and what must be a very intense time for you. Well, Scott, thank you so much for having me. Yeah, it's pretty freaking intense. All right, so let's bust into it. Obviously, we're following the latest in Iran. Reports are coming this morning that Iran has used drones and missiles on a U.S. base in Kuwait, while Israel is claiming to have killed a key IRGC naval commander who've been instrumental in shutting down the Straits of Homo's.

Trump is trying to put pressure on Tehran publicly to accept a U.S. authored 15-point peace, which Iran seems to have squarely rejected, claiming through their foreign minister that no negotiations are underway. And now we're hearing that many of your colleagues in Congress are growing increasingly frustrated with the administration's handling of the war, including Republicans who'd previously given Trump lots of leeway. Senator, how do you feel about how the war in Iran is being prosecuted, and what can you tell us about the latest your hearing? Well, first of all, you know, let's all acknowledge that the Iranian regime had been bad guys for 47 years. But when President Trump decided to start this war, this is a war of choice, there was no imminent threat to America.

You know, thought he would have, like, put the right kind of plan together. You know, he acts like he was surprised that Iran closed the straight of her moves. We act like he was surprised that they were hitting our Gulf allies. That was totally predictable. And he started this war of choice without coming to Congress, without going to the American people. And he, you know, took him a week to say his, his goal. First goal was going to be regime change. Second was getting rid of the enriched uranium. Third was getting rid of their missile capability. Fourth was getting rid of their Navy. None of those have been accomplished. We've actually got a worse, more hardline regime than before. In terms of the enriched uranium, the only way you get that out would be boots on the ground,

minimum of 10,000 folks to guard the perimeter, go down into these bunkers, get this highly volatile enrich uranium and take it out all while while the Iranians will be shooting at us. We have gotten rid of some of their missiles. They've still got more, but why didn't we process that we should have taken the offer from the Ukrainians way back in December that said, hey, we'll give you all our drone technology, which is very effective. Instead, we've spent the first four weeks using generally $2.4 million missiles to shoot down $50,000 Iranian drones.

And now we're running out of interceptors. You start a war, shouldn't you think that through? And then on the Navy, we sunk a lot of the Iranian Navy, but they got still 500 little speedboats. Literally, you put a mine on them or a bomb. They can keep the Straits of Hormuz close almost for as long as they want with that fleet of speedboats, since we've not really got even a strategy on how to take out.

So we're a month in, 13 service members killed, billions of cost. The Iranians, I think, have got this strategy, which again would be predictable, that they don't need to beat America and Israel. They just need to hold on, and they can dribble out their supply

of missiles, and since we so overshot our number of interceptors, ultimately our bases, like in Kuwait or cities in Israel, are going to become vulnerable because we've used up all our anti-missile defense. If the president had come to Congress and the Senate Intelligence Committee

and said, I think there's real justification for trying to further neuter their proxies, diminish their munitions manufacturing capability, destroy their Navy, potentially push what appears to be a weak regime over the edge. Do you think there would have been any justification for limited military action? Would you, would you and potentially other members of Congress have been more supportive or just supportive? I would have been open to that. I would have been particularly open to it. If they'd explain, how we're going to execute, but also if they'd chosen, if Trump had chosen to do this in January, when literally millions of Iranians were on the street protesting the regime, the reason we couldn't do it

in January is because the aircraft carrier, the Ford that we normally had in the, in theater, was off the coast of Venezuela. And the ability for us to rally any kind of allied support, like the Europeans, and they've been mixed so far, but if we've done it in January, when he was threatening Greenland, we wouldn't even have a flyover rights we've got now. So I think he could have made the case. We would have asked the hard questions. And I think they would have been required to explain, you know, munition supply. And are we going to make sure we get our Americans out of the region safely? Not sure we'd have got the majority, but it would have been the idea that the Iranians are bad guys. I think we would all agree. And somehow being able to lessen their

influence in the region. I think he could make that case. But it would have been easier in January when the Iranians were on the streets. It would have still been hard in March, but it would have been easier if he'd actually answered some of these basic questions. So combat troops en route or arriving amphibious craft being moved to the region. Do you anticipate ground forces entering Iran soon? It's clearly not off the table. We got about 6,000 troops in transit. war starting to come. You know, my gut is, and I have no intelligence on this, is that it would probably not be about Karg Island,

where the Iranian energy infrastructure is. It would probably be trying to go into get out the thousand pounds of enriched uranium, but the military planning for that requires at least 10,000 troops to hold the perimeter, as well as to go into these caves where the enriched uranium is. And this stuff is really volatile. volatile, the idea that you're going to be carrying out these volatile canisters of enriched uranium, well, if we did that, I would expect the Iranians to go ahead and shoot their own missiles at these bunkers, and we can end up with a lot of troops literally bury it alive. So to execute the

extraction of the enriched uranium during a war, and that is a tough nut to crack. We have a tendency, I think, in the U.S. to amorphously blob the Gulf into one. entity. But obviously, there's different nations with a different viewpoint, different relationship with Iran and with the U.S. And my understanding is the kingdom is actually quite supportive of continuing to engage in this war. Give us a sense for the players there and what their complexion and viewpoint is about where we are now with this war. Well, the kingdom, obviously in MBS is kind of keeper of the holy shines in the Muslim faith, they've obviously had part of this kind of historic Sunni-Shiah rivalry for more than a thousand years now. But the kingdom is not as directly

exposed as Kuwait, Ukraine, Qatar, the Emirates, who are really just next door to Iran, who have gotten a dish, they have been hit much harder by both short-range missiles. and by drones, than either the Saudis or the Israelis have even been yet. So they had different interests, but what has happened, Scott, and this is the part that I don't think we have processed yet. Americans are rightfully upset

that we're getting close to $4 a gallon gasoline now because 20% of the world's oil goes through the Strait of Hermos. That's not going to go away, even if the president, because he feels it in his bone, his words can declare victory and leave. That's with us for months to come.

And if it was just gas prices, that would be bad enough. But now 20% of the world's natural gas goes through the straight as well. That's been all cut off. And matter of fact, the major natural gas facilities in the region have been completely drained of the gas because if it was there and a bomb hits, an Iranian bomb hits if they would turn into fireballs. So even tomorrow if they stop, that'll be up for months. and months and months before we get that flow back. Diesel fuels at seven bucks a gallon. All the trucks are most of the trucks in America, right on diesel. That cost, 15 to 20 percent

will come through in consumer prices going up. Fertilizer, which comes from the region as well, is going to go up 40 percent already, at least in farms in Virginia. I've heard from aluminum. Half the world's aluminum comes from the region. And two of the four, world's biggest smelters are shut down, so aluminum costs are armored data at an all-time high. We have helium. We're the biggest producer of helium. Middle East is the second, and that helium is used in chips for all of our data centers, and there is no reserve of helium.

So those have gone to record highs. And then since this is a world crisis, you know, we're sitting here at four bucks a gallon of gas. It's double that in Asian countries. because they get 80% of their oil from the street. And you have many Asian countries that we buy a lot of stuff from, shutting down their economy one day a week because they just can't afford to get people to work. That will again mean prices up.

So when the International Energy Association says, worst energy crisis in our lifetime, much worse than the 1970s, gas shock in America because it hit so many other domains, that's what we're looking at. And again, for the president to say he was kind of surprised by this, it indicates he just did not read the intelligence. There is a reason why presidents as bad as Iran has been and been hesitant to start this kind of open-ended war with this country that has a lot of resources. We have to acknowledge and can shut down a lot of other resources that come from the region.

Given where we are where we are, if the president or the secretary of war came to the Senate intelligence, committee and said, okay, in addition to yourself as vice chair, who is, this is not your first rodeo in terms of overseeing or being briefed on conflict, given that there's several veterans, Tom Cotton, U.S. Army officer served in Iraq and Afghanistan, Mark Kelly, U.S. Navy Captain, Jack Reed, U.S. Army, West Point grad, Ranger qualified. If there was a consensus among the Senate Intelligence Committee around what the president should do right? now, are you comfortable saying what that advice would be? You know, Scott, that's a great question.

And I'm not sure there is a consensus. And one of the things that is making that consensus harder is the House, I believe Armed Services Committee, had the Pentagon and DOD up to say, hey, what are these troops going to do? And even though it was a classified grieving, they didn't tell them anything. And the House Republican chair came out maddened in hell rightfully. saying, hey, you guys are not even going to share what the five, six, seven thousand troops that are moving into the region are going to be asked to do? You know, pretty outrageous.

And there is a, you know, the challenges, I think the war needs to end because of the energy and costs and exponentially increasing economic shock it's going to have to the world's economy. But there is also an argument. And I think like the Saudis are making this, and hey, you've started this, if you come out of this with Iran bloodied but not defeated and the Iranians can say to the world, hey, we just took on America and Israel and played them to a tie. You know, a wounded Iran with the amount of capabilities it still has is extraordinarily dangerous. But getting to the point of any of the four goals that the president administration laid out, you know, Those are tough nuts to crack, too.

So I'd love to have that discussion. I'd love to have it in an open way with Secretary Hedgef and others. But I don't think I could give you what the consensus would be at this point, even when we counter military veterans who are on the committee. When you say it played to a tie, I wonder if we were to try and, or if the president, let me be clear, there's no way. American people don't support this, did not get congressional authority. It doesn't even feel like even briefed allies

or the Senate Intelligence Committee for that matter. But I would argue right now if they were to attempt to declare victory and leave, that it actually, the IRGC, could post a W on the board and say, they attacked us, we stared them down. And then after we left, why wouldn't they decide that, okay, we now control the Straits of Hormuz, and you ask our permission to come through there?

and Chinese ships can go through. But the kingdom, who was not supportive of us and supported and allied with the U.S., no, your ships cannot come through. I mean, wouldn't this, I mean, this is, it feels like we're on the precipice of the definition of the word quagmire, and that as we might here and now, to the kingdom's point, if we don't identify some objectives and actually achieve those objectives, that leaving now would actually make us less than zero worse off than when this whole thing started.

Your thoughts? Your train of thought has got a lot of truth in it. And it wouldn't just be the kingdom. Listen, they have walled the Emirates more than any other nation. So I'm not going to let them get out. Qatar, you know, it's got the world's biggest natural gas field. They wouldn't let them out.

Bahrain, other places, Kuwait, where we've got bases and forces. So your argument has a lot of validity that I'm trying to give us the benefit of the doubt and said we played to a tie because we obviously caroled a series of their leadership and we have taken out a lot of military assets they have. But as people said at the beginning of this, there's never been a successful air-only campaign that is really decapitated and moved a regime. And I think the president kind of got over his skis saying, hey, gosh, we took out Maduro. That was really easy. We bombed their nuclear facility.

He said it was obliterated. Obviously, it was not. But that was relatively easy. And getting into this war without thinking through all the implications is a real mess. And your point that the IRGC could say, no, it's not a tie. We actually defeated both Israel and America. is a real threat. I've read reports that the president of Finland has proposed kind of a grand bargain

where Europe is willing to engage in convoys to secure safe passage to the Straits of Hormos in exchange for the U.S. increasing its support of Ukraine. Has there been any formal proposal and what is your take on that type of agreement? I think I've heard those rumors. nothing has been formally presented to us, but this second Trump administration, first Trump administration, I didn't agree with the president, but I worked really well with his team, which Steve Mnuchin and his Treasury Secretary. Second Trump administration does not share anything with Congress, not just the Democrats.

It blows off the Republicans. That's an interesting item, although it would also, and I'm a strong supporter of Ukraine, but boy, boy, you know, the idea we'd only have to ship with you. European blessed vessels. Does that give de facto control of the straight to the Europeans? And one of the things that I didn't mention that should have been fricking thought through, this administration's choice to relieve Russian oil sanctions has provided $10 billion to Russia's war machine. The Ukrainians were actually starting to turn that they've been pretty successful with some recent counter offenses. They've been grinding down the Russian forces.

You put $10 billion into Putin's pocket and much more to come. He's got a lot more juice to go. And the other one that's just, I am just amazing. People's heads haven't exploded, is in the middle of this war, the fact that the administration has taken the sanctions off of Iranian oil, 140 million barrels, I think it was, that were already in transit. That gets sold. That's $14 billion through the Iranian regime. the very folks who are bombing us right now, were now funding their efforts to take out American troops,

Israel, and our Gulf allies. I mean, you know, we kind of live in an Alice in Wonderland, up is down and down is up, but literally funding Iran and Russia. Somebody should have thought of that before he went into this war. There's a lack of clarity around the relationship. Obviously, this is a U.S.-Israel-led, operation or an operation in the wrong term. It's now a full-blown war. But the president has said or

intimated that Israel, on certain instances, is acting alone. What is your sense of how tightly the operation is coordinated with Israel? And what, in your view, does this do for the relationship between the U.S. and Israel? Again, a hard, tough question. I heard those claims by the president about the Israeli strike on some of the Iranian energy infrastructure. But then I hear others say there's no way they could have done that without help of American targeting. So I don't know. Two, I do think, you know, at least in starting timing that the president kind of, and Marco Rubio, acknowledged this, that, you know, the timing decision of when was left to Israel,

and the whole notion he put before us and then to say publicly, hey, we had to go ahead and start because Israel is going to strike and then Iran with his backs. We struck first. But again, I think that I'm a strong supporter of Israel. I have been consistent on that. I think it's extraordinarily important ally. But boy, oh boy, you know, the undercurrents that somehow we were outsourcing

some of the timing of this war to our Israel. Israeli allies, that's not going to play well. And then I don't think there's any indication that I've heard that if the president again, he used the term, he'll fill it in his bones when it's the right time to declare victory. If he declares victory tomorrow, I don't think there's any assurance that Israel won't continue or that the Iranians won't continue. But Israel, I may not agree, but they are clear to their public what the goal is. The goal is regime change. And anything in complete the capitation of Iran's military capabilities. Anything short of that, I think they would back into the position that you, you know, as said a couple of minutes ago, a wound that Iran with all these military capabilities might be a worse outcome than what the status quo was. Now, they clearly have been degraded, but there's still got a lot of assets. And one of the things that is kind of at a macro level, more mind-blowing to me,

is that our Pentagon has said repeatedly, we have shortage of munitions, but we are running so low on the interceptors and long-range attack missiles. I won't give you the numbers because it's classified, but we are in a really tough position, and Israel is as well right now, so if Iran can keep bleeding our munitions stockpile down, very soon I think you'll see the American bases in Israeli cities vulnerable to the Iranian attacks because we don't have the number of interceptors we need. If you aren't already, please make sure to subscribe to our YouTube page to stay in the loop on

all-news politics. Okay, let's take a quick break. Stay with us. Support for the show comes from SOFi. Let's face it, college is expensive, and how you pay for it really matters. That's where SOFI comes in. SoFi helps you refinance at rates as low as 4.24% APR, potentially saving big by lowering your monthly payment. You can even customize variable rates to meet your financial goals, all with no penalties or fees required. Check your rate in two minutes with no impact to your credit score. Over 580,000 members have already refinanced more than $50 billion with SOFI.

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Here's to WestJetting since 96. Travel back in time with us and actually travel with us at westjet.com slash 30 years. Welcome back. Anyone who's listened to this podcast knows that we have a bias against the president and that we're not impressed with the president. And I have been shocked at the level of or the lack of credibility, qualifications, expertise of some of his appointments. And it feels as if the chickens of incompetence are coming to roost here. But I don't know how much of that is my emotion getting in the way. When you hear or when you do get briefings from our top, you know,

from the Secretary of War, do you share our concerns around just a general, I mean, typically this position is a civilian position such that, as the fear was, if the generals were in charge, we'd still be in Vietnam. What is your general take on the competence of the people overseeing this effort? I have a huge lack of confidence. I mean, I have confidence in the number two guy at DOD, Steve Feinberg, but he's more around internal operations. But Hengstaff making these decisions, and not just about this war, but he recently declared Anthropic a supply chain risk, which is basically a death sentence to America's at this moment in time. It could switch in a month, leading AI company.

And he did that on his own without any process because he wanted to have absolute control or peers over the ability to use AI to surveil all Americans or to create an offensive AI-driven weapon without a human in the loop. Those are policy decisions. And this designation of, which has never been used before against an American company of a supply chain risk, I don't have confidence that this is a thought loop process. And then I moved to the intelligence side where it is clear. Intelligence professionals, I know they're intimidated because people, are getting fired for telling the truth. But the idea, it was pathetic when Tulsi Gabbard's Director of National Intelligence was basically saying the only person that can decide what is imminent or not is the president.

And that is a totally ridiculous statement since the job of the intelligence community is to say, is this risk imminent tomorrow? Is it imminent in six months, six years? So it is obviously reflection that they totally blew off the professional opinions of the intelligence community as well. So I don't have confidence there as well. So speaking of Tulsi Gabbard, last week you heard testimony from Director Gabbard and CIA Director John Rackcliffe in the annual worldwide threats hearing. What can you tell us, if anything, was learned by the committee in that hearing, or more specifically, Senator, what threat do you think we're not thinking enough about? I hesitate to, I hesitate to say this, but I think the most serious threat we face right now is at least some people in this administration's willingness to interfere in this year's midterm

elections in a radical way. You take the president's own words of, you know, we ought to federalize elections, put Republicans in charge, something that's totally counter to traditional Republican belief that elections ought to be state and local. You take Christine Nome's own comments saying we ought to have voting so we could have the right people vote for the right people. We got Tulsa Gabbard literally showing up on a domestic warrant looking at grabbing the voting machines in Fulton County, Georgia, and she grabbed machines in Puerto Rico. I believe this could be a warm up for what's next. And I am hugely fearful that some piece of an intelligence accurate or not will be used as an excuse to send in the troops, change election days,

federalized elections. I haven't spent a ton of my time talking to retired military, retired intel, retired law enforcement to be willing to stand up if an action like this happens and try to pre-bunk the misinformation, disinformation, that may be used as an excuse to take over elections issue. I never thought I'd say that in America, but I am terrified and go back to the worldwide threat hearing. Every year since 2017, last nine years, including the first year of Trump two last year, there's been a major section talking about foreign interference in our elections. There was no section even on that threat. And I can promise you, Russia, China, Iran have not disarmed about their ability to use.

misinformation, disinformation to try to screw with our elections as well. Do you think ICE's presence in airports is an attempt to normalize ICE being in public venues, including bowling booths? Yeah. I think this idea of making ICE who I don't think would operate with the same professionalism that our military does. Many of these folks are brand new hires who seem to be really loyal to this. president. I'm not saying it's a dry run, but as we've heard, and there's been public reporting, you know, the TSA agents, and God knows we've got to get them paid and fully back to work, but the TSA agents have been saying, hey, these guys are not helping. If anything, they're putting us

all on edge. They're not doing anything. So even the possibility that this is a dry run ought to concern us. We just saw a verdict come in yesterday in what could be a landmark trial in New Mexico, a jury found that meta and YouTube harmed a young user merely by featuring things, including infinite scroll and algorithmic content recommendations. Many are comparing the legal strategy or the verdict one to the kind of big tobacco moment in the 90s. Do you think this will spark significant changes from these tech platforms or more lawsuits or will this get undone on appeal? I'm glad the court ruled the way it did. I think the tech platforms who've lived under this protection of what's called Section 230 is long overdue for review. And I've spoken, we've had a

flurry of AI summits this week in D.C. And I am very optimistic about AI over the next 10 years and the benefits can bring. I am terrified about the amount of short-term job loss that's going to create exponentially more terrified today than I was even three months ago when you see products like Anthropics Clawed, rock the software industry, rock the HR industry, and that's just the current version. And I think the tech community at large, because both the social media companies have mostly morphed into the AI big hyperscalers, if they don't recognize that they have not only a moral obligation to our kids, but also an economic obligation to help people get through this AI transition, I think you're going to have populism from the left and right come in

and, you know, frankly, try to stop this innovation, which would also be a mistake because this is truly a case where we don't want China to win the AI struggle. Senator Mark Warner has represented the state of Virginia since 2009 and serves, amongst other things, as the vice chair of the Senate Intelligence Committee. Senator Warner, you're always a voice of reason, measured, thoughtful,

very much appreciate your service in these difficult times. Thank you, Scott, and thanks for having me on. I very much appreciate it as well. Support for the show. comes from SOFI. Let's face it, college is expensive, and how you pay for it really matters. That's where SOFI comes in. SoFi helps you refinance at rates as low as 4.24% APR, potentially saving big by lowering your monthly payment. You can even customize variable rates to meet your financial goals, all with no penalties or fees required. Check your rate in two

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