House Passes Housing Bill, Daily Wire $2B IPO, Knicks Trash Can Lady Fired | PBD Podcast #823

June 24, 2026

AI Summary

5 min read

The New York Knicks’ trash can is now a permanent fixture in internet lore, and the woman who stole it—a JP Morgan Chase DEI executive—got fired for her trouble. That bizarre story is just one of several major developments in this episode, which also covers the House passing a landmark housing bill aimed at curbing corporate landlords, the Daily Wire seeking a $2 billion IPO valuation, Google investing in indie film studio A24, and Tucker Carlson’s shifting political loyalties. The dominant theme is a market and political landscape in flux, where old rules about housing, media, and wealth are being challenged.

The Housing Bill: Curbing Corporate Landlords

The House passed a major housing affordability bill with a 358-32 vote, sending it to President Trump’s desk. The most controversial provision legally bars large institutional investors from owning more than 350 single-family homes nationwide. The bill targets firms like BlackRock that have bought up tens of thousands of properties, which the panel argues has artificially inflated home values and squeezed the middle class.

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What you'll learn

1 (00:41) **Gas Prices & Episode Overview** - Host Patrick Bet-David notes West Texas Oil at $70.50 and national gas touching $3.95, then previews the day's major stories.
2 (08:30) **House Passes Major Housing Affordability Bill** - The House passes a landmark bill targeting corporate ownership of single-family homes, sending it to President Trump.
3 (25:19) **Dave Ramsey Study: Careers That Produce the Most Millionaires** - A survey of 10,167 wealthy Americans reveals the top five careers for millionaires.
4 (43:05) **California Billionaire Tax Heads to November Ballot** - A controversial 5% wealth tax on billionaires is officially on the California ballot.
5 (55:27) **Daily Wire Seeks $100M Investment, Targets $2B IPO** - Despite reports of decline, Daily Wire is raising capital at a $2 billion valuation for a future IPO.
6 (71:29) **Google Invests $75M into A24** - Google takes a stake in the independent film studio A24, marking its first investment in a studio.
7 (77:32) **Tucker Carlson: "No Chance" He Supports Republican Party** - Tucker Carlson says he will never vote Republican again, then 24 hours later practically endorses JD Vance.

+ Full timestamped outline available in the app

Show Notes

Tech markets are getting crushed as a brutal Nasdaq sell-off wipes out trillions in AI and chip stock gains, and SpaceX’s post-IPO valuation takes a major hit after a three-day losing streak. We break down what’s really driving the tech bloodbath, why SpaceX is suddenly under pressure, and how Lucid’s decision to slash 18% of its U.S. workforce exposes the harsh reality facing EV makers in 2026.

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Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.