Wall Street Journal: “After nearly five years of high prices, many middle-class earners thought life would be more affordable by now. Costs for goods and services are 25% above where they were in 2020. Even though the inflation rate is below its recent 2022 high, certain essentials like coffee, ground beef and car repairs are up markedly this year.”
How Billionaires Took Over American Politics
Washington Post: “In an era defined by major political divisions and massive wealth accumulation for the richest Americans, billionaires are spending unprecedented amounts on U.S. politics.”
“Dozens have stepped up their political giving in recent years, leading to a record-breaking surge of donations by the ultrarich in 2024. Since 2000, political giving by the wealthiest 100 Americans to federal elections has gone up almost 140 times, well outpacing the growing costs of campaigns.”
Trump Chews Up and Spits Out His Inner Circle
“President Trump’s blowup with Marjorie Taylor Greene is just the latest spectacular split with a one-time confidante who held prized status in his inner sanctum,” Axios reports.
“Since he entered politics more than a decade ago, the one constant of Trump’s political orbit has been Trump himself.”
“Those who have secured a spot as a trusted Trump lieutenant have often found that it doesn’t last for long.”
Trump’s Peace Plan for Ukraine Has Security Guarantee
President Trump’s peace plan for Ukraine includes a security guarantee modeled on NATO’s Article 5, which would commit the U.S. and European allies to treat an attack on Ukraine as an attack on the entire “transatlantic community,” Axios reports.
Nevada Governor’s Race Is a Dead Heat
A new Emerson College survey of the Nevada 2026 election for governor finds incumbent Joe Lombardo (R) and Attorney General Aaron Ford (D) tied: 41% support each candidate and 18% are undecided.
Voters Back Partisan Gerrymandering
A new Politico Poll finds “most voters on the left and right favor using partisan redistricting not just to level the playing field, but as a weapon to help them win,”
“Among voters who say they would vote for Democrats in the midterms, 54 percent say they support drawing maps to gain an advantage over Republicans in the midterms. A similar 52 percent of GOP voters agreed with gerrymandering to help their party, the survey of 2,098 U.S. adults found.”
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Eric Swalwell to Run for California Governor
Rep. Eric Swalwell (D-CA) announced he will run for California governor, Politico reports.
“His decision to enter the race late in the year — when other candidates have had as much as a year’s head start — is the latest sign of an unsettled Democratic field in the race to succeed Gavin Newsom, with no decisive frontrunner.”
Nydia Velázquez Won’t Run Again
Rep. Nydia Velázquez (D-N.Y.), the first Puerto Rican woman elected to Congress, announced she will retire next year after 16 terms, citing the need for a new generation of Democratic leaders, the New York Times reports.
Republicans Push Trump on Obamacare Subsidies
“Republican senators have been privately lobbying President Donald Trump to support a limited short-term extension of Obamacare subsidies, arguing it would save the GOP from a 2026 drubbing and buy time for Congress to pass a longer-term health care plan that mirrors the president’s preferences,” Punchbowl News reports.
Trump Ordered to Halt Guard Deployment in D.C.
“A federal judge has ordered the Trump administration to halt its National Guard deployment to Washington while a lawsuit over the matter plays out in court, siding with D.C.’s Office of the Attorney General and writing that the administration has ‘exceeded the bounds of its statutory authority’ in requesting National Guard assistance from other states,” the Washington Post reports.
Slotkin Gets Security Detail After Trump’s Remarks
“Sen. Elissa Slotkin (D-MI) has been assigned around-the-clock police protection, her office said, following calls by President Donald Trump on Thursday morning that the Michigan lawmaker should be arrested and possibly put to death over a video that she made with other Democrats,” the Detroit News reports.
Congressional Republicans Begin to Look Beyond Trump
New York Times: “The willingness of congressional Republicans to defy Mr. Trump and back legislation requiring the disclosure of federal files on Jeffrey Epstein, the convicted sex offender and one-time Trump friend, was the clearest evidence yet that GOP lawmakers are starting to look beyond Mr. Trump’s tenure to their self-preservation in midterm elections next year.”
“There are other signs as well, notably the refusal by Senate Republicans to bow to Mr. Trump’s demand to gut the filibuster during the shutdown fight, and resistance in some states to his intense push to redraw House district maps to cement the G.O.P.’s hold and prevent a Democratic takeover that would imperil the president.”
Cory Mills Was Caught With Sex Workers
“Following President Joe Biden’s chaotic 2021 withdrawal from Afghanistan, a group of individuals sought to make an unannounced trip to the Taliban-run country to extract Americans who were stranded inside. One of those people involved in the unofficial mission was Rep. Cory Mills, an Army veteran and a then-congressional candidate,” NOTUS reports.
“En route to Afghanistan, Mills and the rest of the group he was with stopped in Tbilisi, Georgia. One night while awaiting to continue their rescue mission, Mills was caught with sex workers.”
DNC Took Out $15 Million Loan in October
“The Democratic National Committee took out a $15 million loan last month to replenish its shrunken coffers before elections in Virginia and New Jersey and to keep operations fully funded entering 2026,” the New York Times reports.
“Tapping a line of credit outside the crucible of a midterm or presidential election year is unusual for a major party committee, and it is the latest sign of financial distress for the official arm of the Democratic Party.”
High Stakes in Omaha
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Coast Guard Says Swastika Is No Longer a Hate Symbol
“The U.S. Coast Guard will no longer classify the swastika, an emblem of fascism and white supremacy inextricably linked to the murder of millions of Jews and that more than 400,000 U.S. troops died fighting against in World War II, as a hate symbol,” the Washington Post reports.
“Instead, the Coast Guard will classify the Nazi-era insignia as ‘potentially divisive’ under its new guidelines.”
Summers Visited Epstein’s Island During His Honeymoon
“In the winter of 2005, just after their wedding at Elmwood — the Harvard president’s official residence — Lawrence Summers and his wife, Elisa New, traded Cambridge’s cold for a warmer escape,” the Harvard Crimson reports.
“But their honeymoon route brought them to what would, years later, seem a fateful stop: financier Jeffrey Epstein’s private island in the Caribbean, a place that would become infamous as the center of Epstein’s sex-trafficking operation.”
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