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Hungary Unveils Agency to Recover Lost Orban-Era Assets

July 10, 2026 at 10:31 am EDT By Taegan Goddard Leave a Comment

“Hungary’s government unveiled plans for a new investigative authority with the power to prosecute suspects and recover misappropriated public assets, fulfilling one of Prime Minister Peter Magyar’s key anti-corruption pledges,” Bloomberg reports.

“A bill submitted to parliament on Friday will establish the National Asset Recovery and Asset Protection Office, an independent prosecutorial body with nationwide jurisdiction over major corruption cases involving public officials and state assets.”

“It will have the power to investigate crimes, prosecute suspects, pursue civil claims to recover assets and temporarily take control of companies suspected of holding improperly obtained public wealth. The bill amends more than 100 laws to embed the institution across Hungary’s legal system.”

CIA Officers Can Sense the Threat Within

July 10, 2026 at 10:11 am EDT By Taegan Goddard Leave a Comment

Shane Harris: “Since Donald Trump returned to office, the number of CIA employees who said they are concerned that the objectivity of analysis is being undermined by political influence has gone up significantly, according to the survey, which is conducted annually by the agency’s ombudsman for analytic integrity. The results haven’t been made public, but they were described to me by several people familiar with them.”

“It’s not clear how many of the thousands of career employees involved in producing reports, briefings, and other materials for the president and his advisers responded. But their comments show how acutely some of them feel pressured to reach preferred outcomes instead of following the facts wherever they lead.”

Why Fuel Prices Stay High as Oil Prices Steady

July 10, 2026 at 9:39 am EDT By Taegan Goddard Leave a Comment

“Crack spreads — energy industry measures of the gap between crude prices and refined products like diesel — have soared in recent days as the global fuel picture is increasingly determined by global politics and war,” Axios reports.

“Crack spreads are basically the profit margin that refiners add on top of the price of a barrel of crude in order to come up with the prices they charge for refined products like diesel.”

Financial Times: Iran war windfall puts Big Oil on collision course with Trump.

Trump Refuses to Sign Housing Bill

July 10, 2026 at 9:33 am EDT By Taegan Goddard Leave a Comment

President Donald Trump said that he would not sign the bipartisan housing deregulation bill “in protest” of the Senate not having the votes to pass the SAVE America Act.

Trump did not say that he would veto the bill. The legislation will become law at midnight without Trump’s signature.

CNBC: Trump says he won’t sign housing bill, which would become law automatically.

The White House Is Covered with Tarps

July 10, 2026 at 9:31 am EDT By Taegan Goddard Leave a Comment

“Construction workers started hanging large custom-designed tarps over the North Portico’s white columns at the White House on Thursday, showing the public what President Donald Trump wants the renovated front entrance to look like,” the Washington Examiner reports.

“The tarps were printed with the redesigned columns as the coverings were placed over the actual columns, as seen in photos. Under the tarps, scaffolding has been in place for days.”

USA Today: Trump White House makeover extends to iconic entrance columns.

Migrants Dispute ICE Account of Fatal Shooting

July 10, 2026 at 9:11 am EDT By Taegan Goddard Leave a Comment

“The three men who were arrested during an immigration operation that resulted in the fatal shooting of Lorenzo Salgado Araujo said a federal officer fired at them almost immediately after exiting his vehicle and that at no point did the driver veer in his direction,” the Washington Post reports.

“The migrants are disputing key elements of the Department of Homeland Security’s account of what transpired during a chaotic traffic stop in a predominantly Mexican American neighborhood in Houston on Tuesday.”

Wall Street’s New Obsession Is Reading Washington

July 10, 2026 at 9:08 am EDT By Taegan Goddard Leave a Comment

Politico: “As investors hunt for the Trump administration’s next winner, they’re increasingly trying to anticipate which industries and companies will benefit from White House policy — from tariffs and export controls to procurement, subsidies and even presidential attention itself.”

“That has changed how investors think about risk. Beyond earnings and cash flow, they’re weighing which CEOs have the White House’s ear, whether a presidential announcement could transform a company’s prospects overnight, or whether a public falling-out could wipe out billions in market value.”

House to Vote to Make Daylight Saving Time Permanent

July 10, 2026 at 9:00 am EDT By Taegan Goddard Leave a Comment

“The U.S. House of Representatives is set to vote next week on a bill to make daylight saving time permanent,” Reuters reports.

Why Trump Rules Don’t Work for Democrats

July 10, 2026 at 8:36 am EDT By Taegan Goddard Leave a Comment

John Harris: “There is no politician who craves power enough to seek the presidency, however, that he or she would not at least in some moods fantasize about being like Trump in a more fundamental sense: Able to defy convention and shatter precedents with impunity; indifferent to behavioral norms and pieties as enforced by the establishment political class and news media; utterly confident that supporters are too loyal or too intimidated to object.”

“A president liberated from traditional constraints is simply more formidable than one who has to act within them — on everything from soaring above ethical controversies to unilaterally dominating once-independent agencies to swatting away unfavorable news cycles.”

“But Democrats are unlikely to ever play by Trump Rules. When they have tried, as Graham Platner did, it typically just doesn’t work.”

Falling Israel Support Shapes U.S. Political Battles Ahead

July 10, 2026 at 8:14 am EDT By Taegan Goddard Leave a Comment

“Americans’ views of Israel have taken a dramatic turn. It could shape both countries’ politics heading into November’s election and beyond,” Bloomberg reports.

New polling this week:

  • 40% of U.S. adults now think America is too supportive of Israel, according to an AP-NORC poll. That’s up from 27% in August 2023, shortly before the Oct. 7, 2023 Hamas terror attacks and Israel’s punishing response.
  • The shift is most dramatic among Democrats, 58% of whom say the U.S. is too supportive of Israel; Republicans still largely back the country.
  • But younger Republicans are growing skeptical, too: 57% of Republicans under age 50 have an unfavorable view of Israel, according to a Pew poll from March.
  • Among younger independents, 70% have an unfavorable view, Pew found.”

Vance Family Eyes an Additional Residence

July 10, 2026 at 8:14 am EDT By Taegan Goddard Leave a Comment

“The Secret Service is planning to provide additional security to a new residence for Vice President JD Vance and his family in Middleburg, Virginia,” NBC News reports.

“Middleburg, a tony town known for rolling hills and exclusive horse farms with multimillion-dollar homes, is about 45 miles outside Washington.”

Trump’s Options in Iran Are Now Both Limited and All Bad

July 10, 2026 at 8:00 am EDT By Taegan Goddard Leave a Comment

Stephen Collinson: “President Donald Trump’s Iran entanglement is beginning to resemble a visual illusion known as the Penrose stairs, which endlessly climb and descend but always end up in the same place.”

“The predicament is of Trump’s own making after he launched a war that never promised a definitive exit and crafted a memorandum of understanding that failed to address the reasons for the conflict.”

“Does he escalate the war — at a potentially high human, economic and political cost — to try to shatter a new status quo that hands Iran the most leverage? Or does he try to revive a flawed ceasefire that pays Iran billions just to talk?”

Putin Likely to Escalate Ukraine War

July 10, 2026 at 7:55 am EDT By Taegan Goddard Leave a Comment

“President Vladimir Putin is rejecting calls to negotiate peace with Kyiv, three sources close to the Kremlin told Reuters, with Ukraine’s recent drone strikes on Russia’s oil refineries and ports strengthening his resolve to keep fighting for now,” Reuters reports.

“Two of ​the sources, speaking on condition of anonymity, said that Putin was instead likely to escalate the conflict, now well into its fifth year. One of them, who meets regularly with the president, described a ‘high ‌probability’ of escalation in the coming months.”

Mary Peltola Builds a War Chest

July 10, 2026 at 7:52 am EDT By Taegan Goddard Leave a Comment

Politico: “Mary Peltola raked in $7 million in Q2 as she challenges GOP Sen. Dan Sullivan in Alaska… Peltola’s hauls are keeping Democrats hopeful about her chances of flipping one of the most hotly contested seats on the map.”

‘He Wishes He Hadn’t Done It’

July 10, 2026 at 7:27 am EDT By Taegan Goddard Leave a Comment

“On the morning after Charlie Kirk was fatally shot on a Utah college campus, Tyler Robinson’s roommate and romantic partner said the man paced around their St. George townhouse, seemingly trying to keep himself busy and distracted,” Salt Lake Tribune reports.

“Lance Twiggs said in a video interview played in court Thursday that he asked Robinson if what he had texted the night before was true: that he was the shooter.”

Said Twiggs: “He said it was. He started crying a little bit and said he wishes he hadn’t done it.”

Axios: MAGA figures flock to Charlie Kirk murder hearing.

Governors’ Race Ratings Shift Towards Democrats

July 10, 2026 at 7:20 am EDT By Taegan Goddard Leave a Comment

Cook Political Report: “There’s no prize for the party that holds the majority of governorships, but Democrats may be poised to take the lead nationally for the first time since 2010.”

“That’s in part because the party now finds itself surprisingly competitive in several red-leaning states, including Ohio and Iowa, due to a favorable national climate and unique Democratic recruits.”

“As such, we are moving five governors’ race ratings, all but one in Democrats’ direction.”

Trump Finally Has to Pay E. Jean Carroll

July 10, 2026 at 7:10 am EDT By Taegan Goddard Leave a Comment

“After three years, three levels of the federal courts system and countless legal filings, Donald Trump must pay E. Jean Carroll,” Politico reports.

Sailors Appear to Flout Hegseth’s Beard Policy

July 10, 2026 at 6:58 am EDT By Taegan Goddard Leave a Comment

“As the U.S.-Iran war risked reigniting in recent weeks, Defense Secretary Pete Hegseth boarded a Navy ship for what was supposed to be a routine visit with sailors,” CNN reports.

“The trip was marred by facial hair: Hegseth noticed multiple sailors sporting beards, apparently violating a stricter policy restricting beards in most instances that he issued last year.”

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About Political Wire

Taegan 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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