California's Election Shakeup + Microsoft's AI Spy Badge artwork

California's Election Shakeup + Microsoft's AI Spy Badge

PBD Podcast

June 3, 2026

Patrick Bet-David, Tom Ellsworth, Brandon Aceto, and Humberto Boellert are joined by economist Brian Wesbury as they cover the Los Angeles mayoral election results, California’s governor race, Bill Pulte’s appointment to lead the FHFA, Scott Pelley’s departure from CBS, President Trump’s decision...
Speakers: Chuck Schumer, Patrick Bet-David, Tom Ellsworth, Humberto Boellert, Spencer Pratt, Brian Wesbury, Brandon Aceto, Rob
**SPEAKER_2** (0:14)
My handshake is better than anything I ever saw.

**SPEAKER_3** (0:16)
It's right here.

**Chuck Schumer** (0:19)
My son's right there.

**Patrick Bet-David** (0:26)
All right, I think it's fair to say there's some stories to cover today, especially California. California, you got some hope? California, you got some hope, baby. There's some good stuff that's coming around California. Let's see if you guys will be able to finish it off. And can you imagine if both the mayor and the governor of California, Spencer Pratt is right now second place. We'll talk about the numbers, the percentages that just came out from New York Times. And then you have for the governor race, Hilton's at the top, ahead of Becerra. So we'll talk about both.
Tom made very, very good comments about the fact that nobody thought Raman was going to be above 15 percent. She ended up above 22 And they didn't think Spencer Pratt was going to be above 30 He ended up above 30, which means what? It means people do not like Karen Bass, which is very good if this ends up. Keep in mind, there's still some things going on with California because you have to make sure they count the ballots. And to count the ballots could take them seven years. So hang tight until we figure that part out.

**Tom Ellsworth** (1:26)
They have all the mail-in ballots and then also from Forest Lawn. They got to count all these ballots.

**Patrick Bet-David** (1:30)
That's right. Forest Lawn. There's two Forest Lawns. The one, Michael Jackson's, and the one in Glendale. And then the other one after 170 Freeway. You got a lot of opportunities there.

**Tom Ellsworth** (1:37)
Karen Bass is expected to carry both.

**Patrick Bet-David** (1:39)
Yeah, we'll see. We'll see what will happen. Well, we'll see what will happen. Aside from that AI, Bernie Sanders comes out and says, any of these AI companies, 50% should be owned by the government. And the president came out and kind of put something out there as an executive order to seeking oversight of AI models. A couple of people were chirping, a guy named Elon, you may or may not know, and another guy named David Sacks. Today, we don't know if that's a good idea or not. So we'll see. We'll see what happened there.
And then Bill Pulte is, Rob, is this is not a onion story or Babylon B that Bill Pulte is now the DNI. We like Bill Pulte, but what does it have to do with DNI? I don't know, but we're definitely going to be talking about that. Maybe Tom has some insight for us. And then Jamie Dimon calls the Coinbase CEO, he says he's full of shit.
What did he all of a sudden get upset about? We'll talk about that. Microsoft AI gadget badge. If you haven't seen this, they have these new AI badges that Humberto was sharing with us, that they record everything. Like literally they record everything. Good idea, bad idea, who knows? We'll talk about it. Uber is now capping the number of tokens they're giving to every one of their employees. I think it's a limit, if I'm not mistaken, of $1,500 a month per employee per month, right? That you can do, because the expenditure was going really high. A couple companies had like a half a billion dollar bill. You're like, wait a minute, time out, guys. We're not doing this much of it. Remote work, folks, for the youth is worsening. A lot of people are saying, well, you know, AI is taking jobs away from the youth. Well, maybe it's because they want remote work and they don't want to work at an office. Maybe that's the reason why, Brian, you know, they're not, you know, getting the job. So we'll talk about that. And then there is a drink that came out. We're not endorsing this. This is not a sponsorship, okay? We only have one sponsor. We're not doing an endorsement of this drink. But Vinny came in here doing backflips, and we said, what the hell is wrong with Vinny?
And he talks about this drink that's got 186 grams of sugar called Crazy Cousins, 32-ounce dirty soda, okay? Why would they do something like that at a time where diabetes is like? But anyways, apparently, they want to sell that to kids, and we'll talk about that. And then Trump abandons the $1.8 billion slush fund. The story Daily Mail says in a humiliating U-turn as his own party turns on him, we'll address that.
And he got 60 minutes. Guy that makes $5-7 million, good-looking guy, he's been with CBS since 89
Scott Pelley goes in there, apparently, this letter was public. I'm sure you read the letter. I know it was a pretty nasty letter. Like if you're going to get fired, that's the wrong way of getting fired. Apparently he went in there bitching and was not very happy about it. And CBS looked like, if you don't like it, we got to kind of move on. And that's exactly what they did. So we'll talk about that. Maybe we'll get into MLB salary caps, good story. And then World Cup rule changes. Couple of the rules. I don't know if you saw the rule changes or not. You don't like them? I'm cute because you like when people lay down for seven minutes, acting like they got hurt. Only a guy from Chile would say he likes that.

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