OpenAI CEO Sam Altman is visiting Washington this week to argue that artificial intelligence is helping Americans be more productive and to promise to keep AI “democratic” by getting it in as many hands as possible, Axios reports.
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Congress Inches Towards August Recess
Punchbowl News points out that one problem with President Trump’s push for the Senate to scrap the August recess in order to confirm his nominations: Republicans might be better served selling the “big beautiful bill” back in their states.
Trump Officials to Visit Fed
“The Trump administration wants to visit the Federal Reserve this week to review its $2.5 billion renovation,“ Semafor reports.
“President Donald Trump and his allies have identified the project as a potential opportunity to oust Fed Chair Jerome Powell amid the president’s frustration over stagnant interest rates — drawing ire from some GOP lawmakers.”
Vance Chooses U.K. For Summer Holiday
Vice President J.D. Vance is going to the UK for his family’s summer vacation, The Telegraph reports.
Global Hack Hits Key Microsoft Product
Washington Post: “The U.S. government and partners in Canada and Australia are investigating the compromise of SharePoint servers, which provide a platform for sharing and managing documents. Tens of thousands of such servers are at risk, experts said, and Microsoft has issued no patch for the flaw, leaving victims around the world scrambling to respond.”
Democrats Aim to Close the ‘Attention Gap’
Playbook: “Today, President Donald Trump faces the dawning reality that one of the very factors that helped fuel his rise to political power now threatens it like never before: the attention economy.”
“And it’s not just that the Jeffrey Epstein story is different, commanding attention like few stories Trump has faced; it’s that Democrats are using Trump’s own tactics to attract attention against him — and he’s struggling to turn the dynamic around…”
“It all adds up to this: Attention is the most valuable commodity in American politics right now. And for years, an ‘attention gap’ between the two parties has drastically shaped our politics to Trump’s advantage. But with Trump now seemingly unable to control the narrative — just for the moment, which will undoubtedly change — and with Democrats beginning to learn from their own failures, that attention gap is closing.”
Trump Denies WSJ Report on Bessent and Powell
President Trump responded angrily to a Wall Street Journal story that Treasury Department Secretary Scott Bessent had personally sought to talk him out of trying to fire Federal Reserve Chair Jerome Powell, The Hill reports.
Said Trump: “Nobody had to explain that to me. I know better than anybody what’s good for the Market, and what’s good for the U.S.A.”
He added: “If it weren’t for me, the Market wouldn’t be at Record Highs right now, it probably would have CRASHED! So, get your information CORRECT. People don’t explain to me, I explain to them!”
Democrats Wrestle with Shutdown Strategy
“Democrats on Capitol Hill are furious with the Trump administration and their Republican counterparts for undercutting government funding negotiations, but they aren’t showing a unified strategy for forcing the GOP to change course 10 weeks out from a shutdown deadline,” Politico reports.
“In the House, Republicans are ignoring Democratic priorities in government funding bills, moving forward with deep spending cuts and conservative policy riders — including to restrict abortions, block enforcement of a slew of gun regulations and snuff out federal hiring efforts to promote diversity, equity and inclusion.”
“In the Senate, Democrats have more leverage, where 60 votes will be needed to move forward and GOP leaders are already advancing funding bills with buy-in from across the aisle. But so far Democrats are stopping short of flashing the most powerful tool they have to ensure the end result is to their liking: threatening a shutdown come Oct. 1 if they don’t get their way.”
The Hill: Republicans fear Washington headed for shutdown after bruising spending fights.
Trump Officials Regularly Defy Court Orders
President Trump and his appointees have been accused of flouting courts in a third of the more than 160 lawsuits against the administration in which a judge has issued a substantive ruling, a Washington Post analysis has found, suggesting widespread noncompliance with America’s legal system.
How Trump’s Game-Planning for the 2026 Midterms
“President Trump is already fixated behind the scenes on next year’s midterm elections for the House and Senate — unleashing his billion-dollar political operation and personally burrowing into the minutiae of races,” Axios reports.
“Now that his ‘big beautiful bill’ has passed Congress, Trump’s ability to accomplish more big things there — and avoid impeachment — hinges on keeping the GOP’s razor-thin majorities in both chambers of Congress in his last two years in office.”
“Even with all that’s swirling around Trump — foreign conflicts, deportations, tariffs, the Jeffrey Epstein fallout — he’s micro-level focused on 2026 races.”
How Trump Deflected MAGA’s Wrath Over Epstein
New York Times: “When The Wall Street Journal published a story detailing a decades-old letter with a lewd drawing that Mr. Trump allegedly sent Mr. Epstein for his birthday, Mr. Trump got a respite from the revolt, as some of his core supporters rushed to his defense.”
“Mr. Trump turned one of the most fractious moments for his base into one of the most unifying by tapping into other MAGA grievances: the deep mistrust of mainstream media, the disdain for Rupert Murdoch and the belief that the president had been unfairly persecuted by his political foes.”
“Almost immediately, many of those who had been critical of the administration’s handling of the Epstein case cheered the president on as he vehemently denied the claims, sued The Journal and ordered his attorney general to seek the release of more information.”
CNN: Can Trump finally quell the Epstein storm — and is it hurting his presidency?
How Trump Is Bringing Europe Together Again
New York Times: “The European Union was in bad shape at the start of the first Trump administration. Public trust in the bloc was at a historic low, Britain had just voted to leave, and the European economy was struggling to recover from the global financial crisis, which had set off a series of debt-related meltdowns across the continent.”
“But things slowly started to improve from around 2016. In recent months, sentiment around the European Union has picked up further. Trust ratings are approaching a two-decade high. E.U. leaders are striking trade deals with fast-growing economies like Indonesia, standing up a defense plan that has garnered partnerships with nations including Canada, and even Britain recently struck a deal to reset relations.”
CNBC: U.S. plays hardball on tariffs deadline as EU battles for a deal.
Bloomberg: EU to prepare retaliation plan.
Beto O’Rourke Predicts GOP Redistricting Will Backfire
“Beto O’Rourke said Sunday that Republicans’ redistricting push in Texas could put more seats in play for Democrats in the 2026 midterm elections, even as he promoted fighting fire with fire to counter GOP gerrymandering,” Politico reports.
The U.S. Economy Is Regaining Its Swagger
“When President Trump slapped tariffs on nations across the globe this spring, many economists feared higher prices and spending cuts would flatten the economy,” the Wall Street Journal reports.
“Consumer sentiment collapsed. The S&P 500 stock index fell by 19% between February and April. The world held its breath and waited for the bottom to drop out.”
“But that didn’t happen. Now businesses and consumers are regaining their swagger, and evidence is mounting that those who held back are starting to splurge again.”
Axios: Wall Street likes the economy more than voters.
Wary Democrats Keep Their Distance from Mamdani
“Zohran Mamdani, New York City’s surprise Democratic nominee for mayor, is scrambling to woo lawmakers, donors, and the city’s elite who are wary of the democratic socialist,” Axios reports.
“So far, they’re mostly playing hard to get.”
The Hill: New York establishment Democrats mull over Mamdani charm offensive.
Japan Election Throws a Wrench in Trade Talks
“Japan’s ruling coalition suffered a significant loss in a parliamentary election Sunday, a setback that risks derailing delicate trade negotiations with the U.S. just weeks before punishing tariffs are set to take effect,” the Wall Street Journal reports.
“Prime Minister Shigeru Ishiba had gambled that his tough stance on trade with President Trump would help cement his shaky grip on power after less than a year in the job and an electoral snub last fall.”
Trump Administration and Harvard Face Crucial Court Test
“The Trump administration and Harvard University will appear before a federal judge on Monday as each party seeks outright victory in their clash over billions of dollars in research money that the government has taken from the school,” the New York Times reports.
“The hearing is likely to be a milestone in a lawsuit that partly hinges on what the government’s role in higher education should be.”
Washington Post: Trump vs. Harvard: A timeline of how the fight escalated.
Trump Threatens to Derail New Stadium Over Team Name
“President Trump is threatening to derail a plan to build a new stadium in Washington, D.C., for the Washington Commanders football team unless the team changes its name back to the previous name,” NPR reports.
Said Trump: “The Washington ‘Whatever’s’ should immediately change their name back to the Washington Redskins Football Team. There is a big clamoring for this.”
New York Times: “In his posts, Mr. Trump also urged the Cleveland Guardians baseball team, which changed its name from the Cleveland Indians in 2021, to follow suit.”
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