In this episode of the Money Stuff Podcast, Matt Levine and Katie Greifeld discuss current financial news, including the legal challenges to Trump's tariffs, the potential reprivatization of Fannie and Freddie, and the trend of companies adding Bitcoin to their balance sheets. They analyze the implications of a court ruling against Trump's tariffs, debate the negotiating leverage of the U.S. in trade deals, and explore the complexities and potential outcomes of returning Fannie and Freddie to private hands, including the impact on mortgage rates. The hosts also examine the phenomenon of "Bitcoin treasury companies," where companies add Bitcoin to their balance sheets, and discuss whether this strategy still holds value.