President Trump heads to Detroit on his affordability tour as fresh inflation data fuels optimism about the economy and markets heading into 2026. On this special Wednesday, January 14 episode of the 10 Minute Drill, we break down a massive day in politics, law, and economics.

We cover Minnesota and Illinois filing lawsuits against ICE, with Attorney General Keith Ellison calling federal enforcement a “federal invasion.” The states argue ICE is violating the First and Tenth Amendments, but critics point out the lawsuits collide directly with sanctuary policies—and even CNN appears skeptical of the legal case.

It’s also a huge day at the Supreme Court, as justices hear landmark cases from Idaho and West Virginia on transgender athletes and women’s sports—decisions that could impact nearly two dozen states. Riley Gaines weighs in, Justice Kagan calls Idaho’s law protecting women’s sports “legitimate,” and Justice Ketanji Brown Jackson faces renewed scrutiny during oral arguments.

Plus, California Democrats float a billionaire wealth tax, sparking reports that as much as $1 trillion in wealth has already fled the state amid fears of retroactive taxation. We break down what this means for state revenues, spending, and fraud.

We also look at the Treasury Department flagging Minnesota for widespread fraud, with estimates suggesting 10% of the state budget is being lost, and why climate and clean-tech investment has dropped nearly 50% since 2021 as the green investment boom loses steam.