“A trader who spent more than $45 million on Polymarket bets that Donald Trump will win the upcoming US presidential election has been identified as a French national, following an investigation by the cryptocurrency-based prediction markets platform,” Bloomberg reports.
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Happy New Year!
May this year be filled with love, laughter and good health. And thanks for spending time with Political Wire in 2025! Save to Favorites
Roy Cooper Grants Clemency to 15 on Death Row
In one of his final acts in office, North Carolina Gov. Roy Cooper (D) granted clemency to 15 people on death row, forgave two people for their past crimes and…
Japanese Buyer Sends Biden New U.S. Steel Proposal
Nippon Steel proposed giving the U.S. government a veto over any reduction in U.S. Steel’s “production capacity” in a last-ditch bid for President Joe Biden’s approval to acquire the venerable…
Most Expect a Tough Year in 2025
Gallup: “Majorities of U.S. adults think 2025 will be a year of political conflict, economic difficulty, international discord, increasing power for China and Russia, and a rising federal budget deficit.”…
Illegal Border Crossings Dropped to 4-Year Low
“Unlawful border crossings along the U.S.-Mexico border have dropped to a four-year low, according to U.S. Customs and Border Protection, with 46,610 people stopped between ports of entry in November,”…
It’s Been Quite a Year
As 2024 comes to a close, I want to thank you for reading Political Wire and supporting the site this year. It’s been a momentous and challenging year and the…
Extra Bonus Quote of the Day
“I think escalation’s good. When we get down to it, remember they’re the ones backpedaling and, like I said, when an enemy’s in retreat, fix bayonets and pursue.” — Steve…
What’s Next for Kyrsten Sinema?
Sen. Kyrsten Sinema (I-AZ) told PBS she’s got something lined up but won’t run for office again: “I can’t really talk about it because of the ethics of the United…
Defense Secretary Couldn’t Rescind 9/11 Plea Deals
“A military appeals court ruled Monday that Defense Secretary Lloyd Austin could not withdraw plea agreements for Khalid Sheikh Mohammed, the accused mastermind of the Sept. 11, 2001, terror attacks,…
Bonus Quote of the Day
“It’s the bear trap in the bedroom Republicans love to leave around for negotiating purposes. Now that they’ve got the trifecta, it loses some of its negotiating appeal and remains…
Majority of Justin Trudeau’s Caucus Wants Him Out
“With a majority of his caucus now calling on him to resign, Prime Minister Justin Trudeau is on a ski holiday, reflecting on whether to stay or go,” Politico reports….
Chip Roy Says Mike Johnson Doesn’t Have the Votes
Rep. Chip Roy (R-TX) said Tuesday that Speaker Mike Johnson (R-LA) does not have the votes to keep the gavel and that he remains undecided on whether he can support…
World’s 500 Richest Surpassed $10 Trillion in Wealth
“The world’s 500 richest people got vastly richer in 2024, with Elon Musk, Mark Zuckerberg and Jensen Huang leading the group of billionaires to a new milestone: A combined $10…
Puerto Rico Without Power
“A blackout hit nearly all of Puerto Rico early Tuesday as the U.S. territory prepared to celebrate New Year’s, leaving more than 1.3 million clients in the dark. Officials said…
Who Is Best Positioned for 2028?
Politico: “Whether you like it or not, the 2028 presidential primary is effectively underway, with ambitious politicians in both parties already jockeying for advantage.” Save to Favorites
California Politicians Struggle to Explain Turnout Drop
“With the dust barely settled on the 2024 election in California, the biggest political players in the state are constructing their post-mortems — determining what to make of the mixed…
What Drove Politics in 2024
Playbook: “As we say goodbye to 2024, a whipsaw of a political year, it’s worth stepping back in a newsletter obsessed with what’s driving the day and reflecting about what…
Stocks on Pace for Best Two Years in a Quarter-Century
Wall Street Journal: “U.S. stocks roared to another blockbuster showing in 2024. Few expect such a torrid advance in the year to come. The S&P 500 has climbed 24%, notching…
Muriel Bowser Says She Had ‘Great Meeting’ With Trump
Donald Trump has often cast Washington, DC, as an urban hellscape, but the city’s mayor, Muriel Bowser, said she had a “great meeting” with the president-elect on Monday and came…
Pentagon Releases Guantánamo Detainee Held Since Day 1
“The Pentagon on Monday repatriated a Tunisian detainee who was brought to the U.S. military prison at Guantánamo Bay, Cuba, the day it opened, was never charged at the war…