| | | Mentioned in this edition: Mike Johnson, Josh Hawley, John Fetterman, Jerome Powell, Lisa Murkowski, Pam Bondi, Nancy Pelosi, Dan Crenshaw, and more. |
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| | | Good morning. Congress might be on its way to passing a congressional stock trading ban, which is devastating news for the over 1 million followers of Nancy Pelosi Stock Tracker. Plus, President Trump has been at the center of a maelstrom of executive branch activity, but has hardly signed any bills. We look into why. | |
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| | | WHAT WE'RE WATCHING | | 👎 At least a dozen House Republicans won't vote for Medicaid cuts. Hardline conservatives are demanding major spending cuts in the reconciliation bill, and want around $880 billion to come from Medicaid. However, moderates have warned Speaker Mike Johnson (R-LA) that they won't vote for it; with only a seven-seat majority, this would effectively kill the bill. The moderates have good reason to be concerned, as Medicaid cuts are extremely unpopular and could hurt Republicans in next year's elections. | ✂️ Josh Hawley wants Republicans to focus on working-class tax cuts. In a Washington Post op-ed, the senior senator from Missouri argued that the GOP should cut taxes for those earning less than $80,000 a year. His plan would see three of the largest tax credits — the home mortgage deduction, the child tax credit, and the charitable deduction — made available to anyone who pays a payroll tax. In the past, Hawley has floated the idea of paying for working-class tax cuts by taxing the wealthy. | 📚 Trump threatened to ban Harvard from accepting international students. The Trump administration had previously demanded that Harvard comply with the president's executive order on diversity, equity, and inclusion (DEI) programs. As the State Department controls who receives visas, the White House could easily cripple Harvard's ability to accept foreigners, who pay higher fees than Americans. The move demonstrates the administration's commitment to enforcing its anti-DEI priorities. | 🔵 DNC Vice Chair David Hogg declared war on his own party. The school shooting survivor and newly anointed Democratic National Committee leader said he would support primary challenges against safe-seat Democrats he claimed were "asleep at the wheel." While DNC vice chairs are not typically influential, his super PAC has tens of millions of dollars, which he can utilize as he sees fit. The intra-party squabble comes as Democrats continue to seek a unified message to run on against Republicans in next year's elections. |
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| | | THE EXECUTIVE | Mentioned behind the paywall: Donald Trump, Jerome Powell, Giorgia Meloni, and JD Vance's international visits. | |
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| | | CONGRESS | Mentioned behind the paywall: John Fetterman, Lisa Murkowski, and Abdul El-Sayed. | |
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| | | DEPARTMENTS & AGENCIES | Mentioned behind the paywall: A new IRS leader, MyPillow CEO Mike Lindell, and Pam Bondi's new mission. | |
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| | | Trump blitzes past a glacial congress | | WHAT'S HAPPENING | Since President Trump's first week in office, it can be counted on one hand how many times his pen has graced any congressionally passed bills… | |
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| | | Will Congress ban itself from insider trading? | | WHAT'S HAPPENING | After years of delays, efforts are intensifying in Congress to ban the practice of congressional stock trading… | |
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| | | THE DAILY DEBATE | 📊 Should Congress members be allowed to trade stocks?Results will be in tomorrow's newsletter | | | POLL RESULTS FROM YESTERDAY | Should the Trump admin attempt to get Abrego Garcia back from El Salvador? | ⬜️⬜️⬜️⬜️⬜️⬜️ 👍 Yes (23) | 🟩🟩🟩🟩🟩🟩 👎 No (753) | ⬜️⬜️⬜️⬜️⬜️⬜️ 🤔 Unsure (8) | ⬜️⬜️⬜️⬜️⬜️⬜️ 💬 Other (7) | 👍 Yes: "The Trump Administration admitted they screwed up. They need to correct this mistake to win back the trust of those who are caught up in this 'threat to democracy' narrative." — Anonymous 👎 No: "He is a citizen of El Salvador. That is where he should stay. He was here illegally, as well as being a criminal." — Sandra 🤔 Unsure: "Abrego definitely should have been deported, but going through the court system, which would have been a slam dunk, would have avoided the controversy." — Monty 💬 Other: "I am troubled by the Trump administration ignoring the Supreme Court's ruling to return Garcia." — Gabrielle | | | | 791 votes |
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| | | POP QUIZ | What tax policy is Sen. Josh Hawley promoting? | |
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| Today's newsletter was written by Anthony Constantini, Brandon Goldman, and Ari David. We scoured 100s of sources to bring you stories and insights you won't find in the mainstream media. |
Capitol Reset: Members-Only | Become a member to unlock this article and gain access to our weekly, uncensored coverage of Trump's reshaping of Washington, with a focus on his key allies and strategic moves. | |
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