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Fed Will Let Court Decide Fate of Lisa Cook

August 26, 2025 at 3:40 pm EDT By Taegan Goddard Leave a Comment

“The Federal Reserve said it would abide by any court decision on whether President Donald Trump has the legal authority to fire Board of Governors member Lisa Cook,” CNBC reports.

RFK Jr. Claims He Knows Cause of Higher Autism Rates

August 26, 2025 at 3:21 pm EDT By Taegan Goddard Leave a Comment

Health Secretary Robert F. Kennedy Jr. announced in a cabinet meeting that the Department of Health and Human Services has identified “interventions” that it says are behind rising autism rates and will “address them” next month, NOTUS reports.

Said Kennedy: “We will have that answer for you.”

Trump Comments on Taylor Swift’s Engagement

August 26, 2025 at 3:19 pm EDT By Taegan Goddard Leave a Comment

President Trump commented on the Taylor Swift and Travis Kelce engagement: “I wish them a lot of luck. I think he’s a great player. I think he’s a great guy and I think that she’s a terrific person, so I wish them a lot of luck.”

Just 20 days ago he called Swift “woke” and “no longer hot.”


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Trump Wants to Rebrand His ‘One Big, Beautiful Bill’

August 26, 2025 at 3:16 pm EDT By Taegan Goddard Leave a Comment

President Donald Trump said Tuesday at a Cabinet meeting that he wants to rebrand his “one big beautiful bill” after he persuaded Republicans to call it that, NBC News reports.

Said Trump: “Last month, in a landmark achievement, I also proudly signed the largest working-class tax cuts in American history. So the bill that — I’m not going to use the term ‘great, big, beautiful’ — that was good for getting it approved, but it’s not good for explaining to people what it’s all about.”

He added, without explaining: “It’s a massive tax cut for the middle class.”

New Vanity Fair Boss Sparks Fury Among Staff

August 26, 2025 at 2:17 pm EDT By Taegan Goddard Leave a Comment

“The new editor of Vanity Fair has enraged his staff by considering putting Melania Trump on the magazine’s cover—which then sparked a MAGA backlash to the backlash,” the Daily Beast reports.

Said a mid-level editor to the Daily Mail: “I will walk out the motherfucking door, and half my staff will follow me. We are not going to normalize this despot and his wife; we’re just not going to do it. We’re going to stand for what’s right.”

Trump Wants No Less than $500 Million from Harvard

August 26, 2025 at 2:13 pm EDT By Taegan Goddard Leave a Comment

President Donald Trump called for Harvard University to pay a sweeping $500 million settlement to restore its federal funding, CNN reports.

Said Trump, to Education Secretary Linda McMahon: “We want nothing less than $500 million from Harvard. Don’t negotiate, Linda.”

He added: “They’ve been very bad. Don’t negotiate.”

Trump Tells Cracker Barrel to Ditch New Logo

August 26, 2025 at 1:53 pm EDT By Taegan Goddard Leave a Comment

President Trump weighed in on the controversial rebranding of Cracker Barrel Old Country Store, writing that: “Cracker Barrel should go back to the old logo, admit a mistake based on customer response (the ultimate Poll) and manage the company better than ever before,” CNBC reports.

Trump-Appointed Judge Rebukes White House

August 26, 2025 at 1:24 pm EDT By Taegan Goddard Leave a Comment

“A federal judge has forcefully rejected a highly unusual lawsuit the Trump administration filed against 15 other judges whom the Justice Department accused of hindering the president’s mass deportation agenda,” Politico reports.

“In tossing out the lawsuit, U.S. District Judge Thomas Cullen — a Trump appointee — lamented what he described as the White House’s months-long ‘smear’ of the federal judiciary.”

Extra Bonus Quote of the Day

August 26, 2025 at 1:19 pm EDT By Taegan Goddard Leave a Comment

“In some places it is two dollars. It broke two dollars in a couple locations in the South.”

— President Trump, talking to reporters about gas prices.

Nowhere in the United States is gas selling for $2 a gallon.

Trump’s Approval Stays Tepid

August 26, 2025 at 12:33 pm EDT By Taegan Goddard Leave a Comment

A new Gallup poll finds 40% of Americans approving of President Donald Trump’s overall job performance.

Buzz Grows for Possible Padilla California Governor’s Run

August 26, 2025 at 12:30 pm EDT By Taegan Goddard Leave a Comment

“The rumor mill is hitting overdrive that Sen. Alex Padilla is contemplating a bid for California governor — and it’s not just idle talk,” Politico reports.

“A prominent political entity in Sacramento is currently in the field polling the 2026 governor’s race with Padilla’s name included as a potential candidate.”

U.S. Offers Air and Intelligence Support in Ukraine

August 26, 2025 at 12:18 pm EDT By Taegan Goddard Leave a Comment

“The US has said it is prepared to provide intelligence assets and battlefield oversight to any western security plan for postwar Ukraine and take part in a European-led air defense shield for the country,” the Financial Times reports.

“President Donald Trump told European leaders last week America would be part of ‘co-ordination’ of security guarantees for postwar Ukraine, something Kyiv has demanded to deter a future attack from Russia after any peace deal.”

DNC Rejects Resolution for Arms Embargo on Israel

August 26, 2025 at 12:03 pm EDT By Taegan Goddard Leave a Comment

“A polarizing resolution calling for an arms embargo on Israel was voted down Tuesday by members of the Democratic National Committee, who opted instead to approve a more modest measure that called for a ceasefire to the conflict in Gaza,” NOTUS reports.

GOP Candidate Vows to ‘End Islam’

August 26, 2025 at 11:51 am EDT By Taegan Goddard Leave a Comment

Valentina Gomez, a Republican running for Congress in Texas, shared a video of her burning the Koran with a flamethrower as part of her effort to “end Islam,” the Daily Beast reports.

Said Gomez: “Your daughters will be raped and your sons beheaded, unless we stop Islam once and for all. America is a Christian nation, so those terrorist Muslims can fuck off to any of the 57 Muslim nations. There is only one true God, and that is the God of Israel.”

Lisa Cook Will Sue Over Trump Firing

August 26, 2025 at 11:47 am EDT By Taegan Goddard Leave a Comment

“Federal Reserve governor Lisa Cook will sue over President Trump’s attempt to fire her from the central bank,” Axios reports.

Dan Scavino Takes Over Hiring in the White House

August 26, 2025 at 11:45 am EDT By Taegan Goddard Leave a Comment

“Senior Trump adviser Dan Scavino is taking over as director of the White House Presidential Personnel Office — an influential role charged with staffing the administration,” Axios reports.

“Scavino is Trump’s longest-serving aide, having worked for the president since 2015, when Trump rode down an escalator in New York’s Trump Tower and announced his first White House bid.”

Does It Matter That Firing a Fed Governor Is Illegal?

August 26, 2025 at 11:39 am EDT By Taegan Goddard Leave a Comment

Paul Krugman: “Yesterday Donald Trump said that he had fired Lisa Cook, a member of the Federal Reserve Board of Governors… Cook has said that she will not resign.”

“So at this point the immediate onus is on Jerome Powell, the Fed chairman. He has the right — I would say the obligation — to say, ‘Show me the legal basis for this action.’ If Trump’s officials can’t provide that basis, he should declare that as far as he is concerned, Cook is still a Fed governor.”

“If Powell caves, or the Supreme Court acts supine again and validates Trump’s illegal declaration, the implications will be profound and disastrous. The United States will be well on its way to becoming Turkey, where an authoritarian ruler imposed his crackpot economics on the central bank, sending inflation soaring to 80 percent.”

Playbook: “The dilemma for the Fed is immediate… Do they treat her as fired or not?”

A Warning Shot to Trump’s Critics

August 26, 2025 at 11:20 am EDT By Taegan Goddard Leave a Comment

Ty Cobb, one of President Trump’s first-term White House attorneys, was asked by NPR what he thought about when he heard the FBI had searched John Bolton’s home last Friday.

Said Cobb: “Well, I went down and locked my door.”

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Word of the Day

Happy Warrior: A “happy warrior” is a politician or political activist who remains optimistic and cheerful even in the face of adversity or contentious political battles.

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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