“Billions” thoughts, Season Three, Episode One: “Tie Goes to the Runner”

“There’s a new sheriff in town,” drawls Attorney General Waylon Jeffcoat to an assemblage of United States attorneys now under his employ, “and you are my deputies. Gonna be one hell of a turkey shoot!”

Well, yes and no. After watching the Season 3 premiere of “Billions,” Showtime’s amusement-park ride of a financial drama, it is clear that the show’s creators and characters are indeed coming out guns blazing. But the new sheriff, known as Jock, hasn’t changed the series’s old winning ways. A boots-on-the-desk Texan played by the dulcet-toned character actor Clancy Brown, Jock Jeffcoat announces he’s pulling the Justice Department away from Wall Street’s white-collar crimes. Elsewhere, the revelation that the unctuous hedge-fund creep Todd Krakow (Danny Strong), previously the show’s comic-relief antagonist, has been named Treasury Secretary is perhaps the best gag of the episode, in that funny-because-it’s-true sort of way.

The premiere is the most direct reference to the advent of the Trump era we’ve seen so far, if not explicitly so. And yet “Billions” is still the story of the hedge-fund billionaire Bobby Axelrod (Damian Lewis) and Chuck Rhoades (Paul Giamatti), the crafty, crusading prosecutor out to take him down. The two remain uncomfortably connected by Wendy Rhoades (Maggie Siff), Axe’s on-staff therapist and performance coach who’s also Chuck’s wife and dominatrix. Each man is the other’s Ahab, with Wendy playing Ishmael to them all, complemented by one of the strongest supporting casts on television. Trump may have changed the playing field, but the players and the game remain the rollicking, entertaining same.

I’m very excited to be covering Billions for the New York Times this season, starting with my review of the season premiere. It’s a terrifically fun show in which the writing just gets tighter and the performances cannier with each passing episode, it seems, so it’s a delight to write about anyplace of course. But writing about it for the Times, where a) the readership could not possibly be more Billions’ target demographic, and b) my reviews will almost certainly be among the most left-wing things the paper publishes, is a little something extra.

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