Note: This conversation was taped on Tuesday afternoon, March 24, 2026.

California Governor Gavin Newsom joins John Avlon for a wide-ranging conversation starting with a blunt assessment of the Iran war, what's happening with TikTok and media power under Trump and why Newsom thinks American democracy's biggest test isn't 2028, it's 2026. The conversation also dives into Newsom's leadership in California from policies he says are working because they're about "growth and inclusion" to why fewer than 30 homes have been rebuilt since last year's LA fires. Plus: Why the movie Rocky was everything to Newsom as a bullied kid with a bowl cut.

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Harvard economist and former IMF chief economist Kenneth Rogoff joins John Avlon to discuss the growing risks facing the U.S. dollar. From exploding national debt and attacks on Fed independence to war in the Middle East and rising global competition, they examine why America’s reserve currency status matters—and what happens if the world starts to move away from it.

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