“Senate Republicans on Tuesday signaled opposition to a Democratic counteroffer on a major cryptocurrency bill, raising the possibility that the legislation could fail on a key floor vote later Tuesday,” Politico reports.
Vance Talks Midterms in House GOP Visit
“Vice President JD Vance rallied House Republicans in a pre-midterm Capitol Hill visit Tuesday, encouraging members to support each other on the campaign trail and through fundraising,” Politico reports.
“He did not address the topic that has dominated conversations in Congress in recent days: the risk posed by artificial intelligence and what, if anything, lawmakers ought to do about it.”
“Instead, the vice president urged Republicans in safe seats to help their vulnerable colleague and encouraged members to focus on the ‘choice’ voters face with Democrats.”
Mike Rogers to Skip Michigan Senate Debate
“Michigan Republican Senate candidate Mike Rogers will not attend a debate held by a local television station Tuesday over suspicions that the event’s moderator has ‘bias and favoritism’ toward his Democratic opponent, Abdul El-Sayed, Rogers’ campaign said in a news release,” the Washington Sun reports.
Profiles in Cowardice
Just published: Profiles in Cowardice: A Study of Collaboration in the Trump Era by Jacob Weisberg.
“It may be scant solace, but history will be particularly harsh to a subset of Trump enablers with a few key things in common: They have money and power. They represent intuitions that are central in determining whether America remains a free, functioning democracy or not. And they absolutely know better. History starts now.”
Senate Democrat Demurs On ‘Medicare for All’
“Sen. Andy Kim (D-NJ) stopped short of endorsing Medicare for All as the banner issue Democrats should run on in 2028 on Tuesday, instead arguing that the party should campaign on the broader promise of ‘guaranteed coverage’ and universal care,” Semafor reports.
“He pointed to his MediKids proposal — legislation that would guarantee universal healthcare coverage for every American under the age of 26 — as an example of how the party could pursue universal coverage through a more targeted approach to build towards guaranteed care.”
Said Kim: “I think it’s a stand-in for where we’re trying to head towards. I think we should be running on that guaranteed coverage, on that universal care.”
Extra Bonus Quote of the Day
“These are not the people I interviewed to serve on the United States Supreme Court, they are merely a shell of their original selves. This Supreme Court is bullied and cajoled by the Radical Left into making decisions that have set America back at least a hundred years.”
— President Trump, quoted by the New York Post.
Trump Calls Mail Ballot Ruling ‘Big Loss for Republicans’
“President Donald Trump on Tuesday blasted the Supreme Court for blocking a new controversial U.S. Postal Service rule on mail-in ballots from being used for the upcoming midterm elections,” CNBC reports.
Said Trump: “Republicans just got another bad decision from the United States Supreme Court, one that the Court System took forever to give, and then blamed it, in part, on no time left to implement a solution to our totally CORRUPT and out of control Mail-In voting ‘disaster.'”
He added: “It is a big loss for Republicans, and America itself, and makes cheating by the Radical Left ‘Dumocrats,’ on Mail-In Ballots, a much easier thing to do.”
New York Times: Trump slams Supreme Court over mail ballot ruling.
China and U.S. Discuss Cutting Tariffs
“The U.S. and China are discussing slashing tariffs on certain goods, including on American energy and agricultural shipments — a potential sign the leaders’ summit next week will lead to an extension of the one-year trade truce,” Bloomberg reports.
“The meetings between the two sides are also likely to result in an agreement to lower duties on Chinese inputs for manufacturers.”
Financial Times: The main Trump-Xi summit achievement will be it happening at all.
Why Is Trump Still Boosting AI?
Paul Krugman: “Will AI transform the economy? The jury is still out on that one: So far there is little evidence for either the massive job losses or the soaring productivity growth industry leaders threatened/promised, but it’s still early days.”
“But AI does seem to be transforming U.S. politics. I can’t think of a technology that has inspired so much hate across such a wide political spectrum. Even the leading AI companies are warning about the dangers of their technology and pleading for government regulation to slow it down.”
“Which makes it more than puzzling that Donald Trump is going all in on AI, claiming that concerns about its dangers are a ‘hoax’ and opposing any kind of regulation.”
“In so doing, he’s taking a wildly unpopular position.”
House Democrats Add Three Seats to ‘Red to Blue’ List
“House Democrats’ campaign arm added three battleground candidates to its ‘Red to Blue’ program this morning in another sign that the party is feeling bullish about its prospects for regaining power in the chamber,” the Washington Post reports.
Rick Scott Launches ‘Rescuing America’ Plan
“Sen. Rick Scott is launching a plan for how the country should tackle its growing economic headaches as Republicans face rising voter affordability concerns heading into the midterms,” Politico reports.
“The Florida Republican, who has garnered 2028 White House speculation, will announce the ‘Rescuing America’ project in a video to be published Tuesday.”
Said Scott: “I put together a project with one goal — to educate the American public on how our economy has drastically changed, how the American dream is out of reach for so many, and how we can fix it.”
The Mail Voting Fight Is Pushed to 2028
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Iran Gains Leverage with Strait Under Houthi Control
“A lightning offensive along Yemen’s Red Sea coast by Iranian-backed Houthi militants has strengthened Tehran’s leverage in its war of economic attrition with Washington — giving it the ability to threaten a waterway that plays an even broader role in global shipping than the Strait of Hormuz,” the Washington Post reports.
Iran War Has Caused ‘Strategic’ Munitions Shortfall
“Iranian strikes have damaged or destroyed hundreds of buildings and other structures at bases across the Middle East, and caused about $184 million worth of damage at U.S. diplomatic facilities, according to a Pentagon watchdog report,” the Washington Post reports.
“The inspector general’s report to Congress on Operation Epic Fury — the Trump administration’s name for the war with Iran — also details the extent of U.S. munitions shortages, in the first comprehensive public accounting of the war, which is now in its seventh month.”
House Democrats Face Divisions On Russian Sanctions Bill
“House Democratic leadership is vocally opposing a Russia sanctions bill set to come to a vote this week, but not all of their members are comfortable taking that stance just yet,” Axios reports.
“Republicans will reportedly need some Democratic votes to make up for defections from their isolationist wing and pass the measure.”
“At issue for many Democrats is that the bill, named in honor of the late Sen. Lindsey Graham (R-SC), would allow the Trump administration to impose up to 100% tariffs on the five top importers of Russian oil.”
Politico: Russia sanctions bill clears procedural House hurdle.
How Trump’s Posts Can Still Matter for Investors
“President Trump’s claim that Ukraine agreed to halt strikes on Russian energy targets coincided with a pullback in oil prices and Treasury yields Monday,” Axios reports.
“Why it matters: Ukrainian drone strikes on Russia have crippled large swaths of the country’s refining capacity, creating embarrassing shortages and prompting Russian officials to curtail exports to shore up domestic supplies.”
Bonus Quote of the Day
“I’m interested in politics, but I don’t think it’s helpful for the country to have a former President criticize successors. It’s a hard job to begin with, and I really don’t think it helps to make it any harder.”
— Former President George W. Bush, quoted by the New Yorker, on why he’s stayed mostly silent during the Trump years.
Bush is following his father’s playbook, who refused to attack Bill Clinton despite losing to him in 1992.
Trump Can’t Stop Backing Stuff Americans Hate
New York Magazine: “There was a time not that long ago when Donald Trump had earned a reputation as a populist, someone who bucked the political Establishment — or at least the Republican Establishment — by embracing policy positions that enjoyed widespread voter support.”
“Those days are over. Less than two months from midterm elections that will serve as a referendum on the first half of Trump’s second term in office, he seems to be going out of his way to associate himself with everything voters don’t like.”
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