A new CNBC Fed Survey finds more think President Trump will tap his top economic advisor Kevin Hassett to be the next Federal Reserve chair.
But when asked who the president “should” pick, former Fed Governor Kevin Warsh took the top spot.
Vance Suggests Troops Could Be Sent to Other Cities
“Vice President JD Vance and other Trump administration officials suggested Wednesday that the federal takeover of policing in D.C. could serve as a test case for other cities across the country as they tried to amplify the issue,” the Washington Post reports.
Tulsi Gabbard to Slash Her Staff
“Director of National Intelligence Tulsi Gabbard is moving forward with the next phase of plans to eventually cut staffing in her department by almost half,” Axios reports.
Latino Voters Could Decide the Redistricting Wars
Playbook: “Texas Republicans are set to pass their new congressional maps through the state House today, officially putting their stamp on the redistricting arms race that has unfolded as national Republicans push to retain control of the House in next year’s midterms.”
“The Republican-led gambit to redistrict — which is being met with similar efforts across other states and notable retaliation in California — rests on a significant gamble banking on the emerging realignment of many working-class Latino voters toward the GOP.”
“But over a year out from the 2026 elections, there’s an emerging reality operatives say are slapping both parties in the face: President Donald Trump’s approval numbers with Latino voters are souring — and those same voters still don’t trust Democrats.”
Israeli Official Charged in Child Sex Ring Flees the U.S.
“MAGA is pushing the Trump administration to explain why an Israeli official who was arrested in an undercover child sex sting in Nevada was allowed to leave the U.S. after posting bail,” Axios reports.
“The outrage marks the latest fissure between Israel and MAGA, which already faces a generational divide over how much the U.S. should support Israel amid the war and humanitarian crisis in Gaza.”
Coming Up Short
Just published: Coming Up Short: A Memoir of My America by Robert B. Reich.
A memoir of growing up in a baby-boom America.
Ultimately, Reich asks: What did his generation accomplish? Did they make America better, more inclusive, more tolerant? Did they strengthen democracy? Or did they come up short?
Coming Up Short: A Memoir of My America
- Amazon Kindle Edition
- Reich, Robert B. (Author)
- English (Publication Language)
- 571 Pages - 08/05/2025 (Publication Date) - Knopf (Publisher)
Eric Adams Associates to Face Corruption Charges
“Several associates and supporters of Mayor Eric Adams are expected to face corruption charges in the coming days, in cases that could serve as a potent reminder of the scandals still marring his mayoralty,” the New York Times reports.
“The mayor, who is just months away from facing voters in his bid for a second term leading New York City, is not expected to be charged.”
Trump’s Immigration Policy to Increase Budget Deficits
A Penn Budget Lab analysis finds President Trump’s immigration policy will increase deficits by nearly $1 trillion over the next decade — even with the new funds allocated to the effort in the recently passed tax law.
The study also finds the law will reduce GDP by 3.3% over the next 10 years.
Epstein Grand Jury Transcripts to Remain Sealed
“A federal judge said he would not unseal grand jury transcripts and evidence from the investigation into Jeffrey Epstein – rejecting the Justice Department’s request to make them public,” CNN reports.
“Judge Richard Berman said the Justice Department did not overcome long-standing precedent to keep grand jury materials sealed and noted that the information contained in the sealed materials is small relative to the entire investigation file already in DOJ’s hands.”
Phone Searches at the Border Hit a Record High
“Customs and Border Protection agents searched nearly 15,000 devices from April through June of this year, a nearly 17 percent spike over the previous three-month high in 2022,” Wired reports.
D.C. Residents Oppose Trump’s Police Takeover
Roughly 8 in 10 Washington, DC, residents oppose President Trump ordering the federal government to take control of the city’s police department as well as his deployment of the National Guard and FBI to patrol the city, a new Washington Post-Schar School poll finds.
Judge Halts Ten Commandments in Texas Schools
“A Texas federal judge on Wednesday temporarily blocked from taking full effect a new state law requiring public schools to display donated posters of the Ten Commandments in classrooms,” the Texas Tribune reports.
New York Times: “The law, passed earlier this year by the Republican-controlled Legislature, mirrors one in Louisiana that was declared ‘plainly unconstitutional’ in June by a panel of judges from the conservative U.S. Court of Appeals for the Fifth Circuit in New Orleans. A federal judge also blocked a nearly identical measure in Arkansas this month.”
GOP Lawmaker Says He’s Spoken to Dead Voters
Rep. Jeff Van Drew (R-NJ) claimed on Fox Business that he’s spoken to “large numbers” of dead people who had mail ballots sent to them.
Interestingly, a consultant who worked for Van Drew recently plead guilty to voter fraud.
Hillary Clinton Says Court Will Overturn Gay Marriage
Hillary Clinton predicted that the Supreme Court will “do to gay marriage what they did to abortion” and send it back to states to decide, Axios reports.
Said Clinton: “I don’t think they’ll undo existing marriages, but I fear that they will undo the national right.”
California Democrats Prefer Newsom Over Harris
A new Politico-Citrin Center poll finds California Democrats would take Gavin Newsom over Kamala Harris in a 2028 presidential primary, 25% to 19%.
Get Ready for Higher Car Prices
“Car buyers are likely to pay more this fall as tariffs begin to drive up sticker prices — and not just on imported vehicles,” Axios reports.
“Automakers can’t eat the cost of tariffs forever, and September is a convenient time to adjust prices, as the 2026 models begin arriving in showrooms.”
“It might not be obvious: Lower-priced trim levels could be eliminated, for example, or desirable features might be rolled into expensive option packages. Be on the lookout, too, for higher destination fees — add-on dealer delivery charges that aren’t part of the manufacturer’s suggested retail price.”
California Common Cause Board Members Quit
“Multiple California Common Cause advisory board members have resigned as the organization grapples with its response to a national gerrymandering battle,” Politico reports.
“The departures speak to a fraught moment for an organization that has historically supported independent redistricting and fought the kinds of partisan map-drawing that California Democrats are now pursuing. Common Cause — the national group — last week reversed on its previous position and said it would not oppose California’s effort to counter Texas.”
Texas Democrats Plot to Stall Redistricting Effort
“Texas House Democrats on Wednesday plan to offer an amendment that would block a Republican redistricting effort until the complete release of the Jeffrey Epstein files,” Axios reports.
“The Democratic effort, which aims to put new political pressure on the Trump administration regarding his association with Epstein, is sure to fail in the Republican-controlled Legislature.”
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