Business Rundown: Potential Iran Deal, The Next Fed Chair, and Mamdani's "Luxury Tax" Plan

About this episode

The episode discusses a potential Iran deal, the next Federal Reserve chair, and a luxury tax proposal from New York City's mayor.

The U.S. is weighing a potential deal to reopen the Strait of Hormuz, which could stabilize the global oil market—already shaky since the start of the conflict. Jonathan Hoenig, a managing member at Capitalist Pig Asset Management and a Fox Business Network contributor, joins FBN’s Taylor Riggs to break down what may come next for the energy market, why he’s positioning for higher interest rates, and a controversial proposal from New York City’s mayor. Learn more about your ad choices. Visit podcastchoices.com/adchoices

People in this episode

Host: Taylor Riggs

Guest: Jonathan Hoenig

Topics covered

• Iran Deal
• Federal Reserve
• Energy Market
• Interest Rates
• Luxury Tax

Keywords

• Iran Deal
• Strait of Hormuz
• energy market
• interest rates
• luxury tax
• New York City
• Federal Reserve

Mentioned in this episode

Organizations: Capitalist Pig Asset Management, Fox Business Network, New York City

Places: Strait of Hormuz

More episodes of The Fox News Rundown

• Evening Edition: Earn A Bachelor's And Master's Degree On Your Phone · June 13, 2026 · 21 min
• Business Rundown: High Rates vs. Rising Home Sales · June 12, 2026 · 13 min
• Why Republicans Are Sounding the Alarm Over Graham Platner · June 12, 2026 · 33 min
• Evening Edition: President Trump Cancels Airstrikes, Says Deal Is Imminent · June 11, 2026 · 13 min
• The World Cup Is Here. Is America Ready? · June 11, 2026 · 31 min
• Evening Edition: President Trump Says The U.S. Will Strike Iran 'Very Hard' Again · June 10, 2026 · 14 min