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Legal Question at the Heart of the Fed Chair Showdown

April 16, 2026 at 5:35 am EDT By Taegan Goddard Leave a Comment

“At the heart of President Trump’s threat to fire Jerome Powell lies an unsettled legal question: When the Fed chair’s term expires without a confirmed successor, who gets to decide what happens next?,” the Wall Street Journal reports.

“This week, the administration signaled that if no successor is confirmed by May 15, Powell shouldn’t continue as chair. Treasury Secretary Scott Bessent said Tuesday that several people—not just Powell—could serve as the Federal Reserve’s interim leader, naming Vice Chair Philip Jefferson and governor Christopher Waller as alternatives.”

“On Wednesday, Trump went further, saying ‘I’ll have to fire him’ if Powell didn’t step aside.”

“But last month, Powell pre-emptively staked out his position, announcing he would continue leading the central bank as ‘chair pro tempore’ if no successor is confirmed on time.”

Victoria Guida: How Trump is sabotaging himself on the Federal Reserve.

Trump Tests the Loyalty of Christian Supporters

April 16, 2026 at 5:31 am EDT By Taegan Goddard Leave a Comment

Karen Tumulty: “The willingness of his supporters on the Christian right to shrug off the apostasies and antics of President Donald Trump has been put to new tests, as his behavior has become even more erratic.”

“Trump has claimed God’s backing for foreign adventurism as he has threatened to demolish one of the world’s oldest civilizations; written an Easter Sunday screed that included an f-bomb and a ‘praise be to Allah’ sign-off; tangled with a popular, American-born pope; and employed his social media platform to spread an image that appeared to depict him as Jesus.”

“Of the many unlikely turns in the Trump era, ranking high is the fervor with which religious conservatives have embraced an irreverent, thrice-married Manhattan real estate developer given to regular outbursts of vulgarity, lying and vindictiveness.”

NPR: Trump allies defend his remarks about Pope Leo.

Talarico Is a Fundraising Juggernaut

April 16, 2026 at 5:26 am EDT By Taegan Goddard Leave a Comment

New York Times: “James Talarico, the Democratic nominee for Senate in Texas, raised $27 million in the first months of 2026 — a remarkable haul that far outpaced that of any other Senate candidate. His campaign said it was the most a Senate hopeful had ever raised in the first quarter of a year.”

Vance Collects Cash, Chits and Contacts for 2028

April 16, 2026 at 5:24 am EDT By Taegan Goddard Leave a Comment

“Vice President JD Vance’s unusual second job as the finance chair of the Republican National Committee is exactly the kind of role an ambitious presidential aspirant might dream up,” the New York Times reports.

“He’s been able to do some good for the party, raising tens of millions of dollars at events for Republicans as they head into the midterms. And he’s been able to do some good for himself, wooing some of his party’s richest and most influential patrons.”

Axios: Vance heading to Iowa for midterm events.

A Portrait of Trump Under Pressure

April 16, 2026 at 5:22 am EDT By Taegan Goddard Leave a Comment

“In a 12-hour span this week, President Trump promised that the war with Iran was ending soon. He picked a fight with the pope on social media. He threatened to fire the chair of the Federal Reserve. He posted an illustration of himself receiving an encouraging hug from Jesus Christ,” the New York Times reports.

“This is what it looks like when Mr. Trump is under pressure and burrowing his way into a more flattering news cycle. And anyone who has been paying even a little bit of attention over the past decade can pinpoint where we are in a well-established routine, when, intentionally or not, the president tosses out little rhetorical grenades meant to shift attention elsewhere. (It often works: Remember last week, when he threatened to wipe out Iranian civilization?)”

“Now, Mr. Trump is showering Truth Social with Jesus memes and threats and endorsements.”

Secret Donors Pour Money Into Virginia Redistricting Race

April 16, 2026 at 5:22 am EDT By Taegan Goddard Leave a Comment

“Massive amounts of money are flowing into Virginia’s redistricting referendum as Democrats and Republicans from across the nation wrestle for control of the House of Representatives, but the identities of individual contributors — and their agendas — remain cloaked in secrecy,” the Washington Post reports.

“About 95 percent of the total $93 million raised so far in Virginia, as of a Monday night filing deadline, came from nonprofit groups not required to disclose their donors.”

European Airlines Face Fuel Shortages Within Weeks

April 16, 2026 at 5:20 am EDT By Taegan Goddard Leave a Comment

“The war in Iran has forced airlines to raise prices and cut flights. But soon, some of them, particularly in Europe, could struggle to find enough jet fuel to put planes in the sky,” the New York Times reports.

“Ryanair, the low-cost airline that dominates flying within Europe, said this week that its suppliers could guarantee it enough jet fuel only through most of May. The airline said fuel could be in short supply if ships laden with energy did not soon begin passing through the Strait of Hormuz, a vital waterway on Iran’s southern coast.”

Israel Loses More Democrats

April 15, 2026 at 10:03 pm EDT By Taegan Goddard Leave a Comment

“Israel’s relationship with Democrats on Capitol Hill is rapidly deteriorating, with a growing number of lawmakers saying they can no longer support U.S. funding for even the country’s defensive weaponry,” Axios reports.

Said Rep. Ro Khanna (D-CA): “I’ve never seen public opinion change as fast on any issue, including gay marriage, as it has on the U.S.-Israel relationship.”

Trump Discussed ‘Jesus’ Meme with Bill Pulte

April 15, 2026 at 10:01 pm EDT By Taegan Goddard Leave a Comment

Before President Trump posted an image of him as a Christ-like healer, he discussed the meme with his controversial housing finance chief Bill Pulte, Axios reports.

Pied-a-Terre Tax Gains Momentum in New York

April 15, 2026 at 8:22 pm EDT By Taegan Goddard Leave a Comment

“Gov. Kathy Hochul has thrown New York City Mayor Zohran Mamdani a lifeline on his plan to raise taxes on the wealthy, with a proposal to tax luxury second homes that raises revenues without targeting the city’s top earners,” the Wall Street Journal reports.

“Hochul this week unveiled a plan for a pied-à-terre tax on second homes in New York City valued at $5 million or more, which is gaining momentum as a way to plug the city’s budget deficit.”

Miriam Adelson Gives GOP $40 Million Boost

April 15, 2026 at 7:48 pm EDT By Taegan Goddard Leave a Comment

“Pro-Israel megadonor Miriam Adelson gave $40 million to the Republicans’ House and Senate super political action committees, boosting the party’s war chest as it fights to maintain control of both chambers,” Bloomberg reports.

Kristi Noem Has Nearly $1.1 Million Left in Old Committee

April 15, 2026 at 7:37 pm EDT By Taegan Goddard Leave a Comment

“Kristi Noem, the former secretary of homeland security, holds nearly $1.1 million in her old leadership PAC, according to a new disclosure filed with the Federal Election Commission,” NOTUS reports.

“This is significant because Noem, whom President Donald Trump ousted last month, still faces congressional and legal scrutiny for her management of Department of Homeland Security funds, with some Democrats accusing her of committing fraud.”

Graham Platner Once Praised Hamas

April 15, 2026 at 7:29 pm EDT By Taegan Goddard Leave a Comment

“Maine Senate candidate Graham Platner repeatedly praised the tactics used by Hamas terrorists in comments made about a graphic video of a Hamas raid into Israel in 2014, in which terrorists killed at least five Israeli soldiers,” Jewish Insider reports.

Said Platner: “Pragmatically I have little problem with killing an enemy combatant who you attempt to capture but for whatever reason cannot. From a strictly professional standpoint, this was a damn fine looking and successful raid against a superior opponent, I dig it.”

Trump Wants Auto Companies to Make Weapons

April 15, 2026 at 7:27 pm EDT By Taegan Goddard Leave a Comment

“The Trump administration wants automakers and other American manufacturers to play a larger role in weapons production, reminiscent of a practice used during World War II,” the Wall Street Journal reports.

Sotomayor Issues Public Apology to Kavanaugh

April 15, 2026 at 7:23 pm EDT By Taegan Goddard Leave a Comment

“Supreme Court Justice Sonia Sotomayor publicly apologized to Justice Brett Kavanaugh on Wednesday after suggesting last week that he didn’t know any blue-collar workers because he had a privileged upbringing,” the Wall Street Journal reports.

RFK Jr. Once Cut Off Dead Raccoon’s Penis

April 15, 2026 at 6:33 pm EDT By Taegan Goddard Leave a Comment

“Robert F. Kennedy Jr., an avid animal genitalia researcher in his spare time, once pulled the family sedan to the side of the road after spying a dead raccoon and swiftly cut off its sex organs so he could ‘study them later,’” the New York Post reports.

Quote of the Day

April 15, 2026 at 5:54 pm EDT By Taegan Goddard Leave a Comment

“Why should we keep the majority? We’ve gotten one bill passed, and that was President Trump pushing and pushing and pushing, and it took us 18 hours to get Republicans to vote for it — 18 hours straight on the Senate floor. And it’s embarrassing that we’re up here raising money to continue with the same people being up here. It’s just nonsense.”

— Sen. Tommy Tuberville (R-AL), on Benny Johnson’s podcast.

Republican Plans Go Awry Amid Party Divides

April 15, 2026 at 5:49 pm EDT By Taegan Goddard Leave a Comment

New York Times: “Members of the House of Representatives came back from their two-week break on Tuesday night as planned, and cast votes to name no fewer than 14 post offices.”

“After accomplishing that, majority Republicans’ plans went awry.”

“By Wednesday morning, their efforts to renew a warrantless surveillance program that is set to expire next week had run into trouble, and a Democratic bid to force a vote to restore deportation protections that President Trump is trying to end for Haitians living in the United States was on track to succeed.”

“The one-two punch reflected divisions in the G.O.P. ranks that are on display at the least opportune time, with midterm elections only months away. It also showed how the party’s minuscule vote margin and the political headwinds it is facing have conspired to snarl its agenda.”

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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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