“I would have come out sooner but I had to call my opponent to concede and it took a while to find him in Tel Aviv.”
— Rep. Thomas Massie (R-KY), at his concession speech.
Trump’s Approval Drops to 35%
Donald Trump’s presidential approval rating fell to nearly its lowest level since he returned to the White House — 35% — hit by a drop in support among Republicans, according to a new Reuters/Ipsos poll.
Georgia Republicans Are Full MAGA Now
“The MAGA takeover of the Georgia GOP is nearly complete,” Politico reports.
“The old-guard of the Republican Party in Georgia has fallen after withstanding MAGA’s furor since 2020, replaced by a new breed of candidates — up and down the ballot — closely aligned with President Donald Trump.”
The Global Bond Rout Is Accelerating
“A weekslong selloff in government bonds has intensified in recent days, threatening to drive up borrowing costs across the globe and knocking some momentum out of what had been a furious stock rally,” the Wall Street Journal reports.
“With bond prices sliding, the yield on the 10-year U.S. Treasury note, a key benchmark for mortgage rates and other borrowing costs, reached as high as 4.687% Tuesday, its highest intraday level since January 2025.”
Revenge is a Two-Way Street
Dan Pfeiffer: “The problem with defeating incumbents in primaries is that they don’t immediately leave Congress. They stay in their seats until January of next year. In addition to Cassidy, Trump also forced North Carolina Senator Thom Tillis into retirement. Now the two of them are hanging around the Senate, unburdened by any political need to appease Trump. Earlier this year, Tillis held up the nomination of Trump’s Fed Chair pick to force the DOJ to drop its bogus investigation into Jerome Powell.
“And yesterday, Cassidy flipped his vote to allow the War Powers Resolution on the Iran War to pass the Senate — a stunning move that will cause some real headaches for Trump.”
“So sure, Trump has had some short-term wins in these primary contests. But these are wins that he, and the Republicans, will likely come to regret.”
Quote of the Day
“Even though Bill Cassidy lost his primary, he is still a voting member of the Senate until January. There are still many, many weeks — many months — to go before the election. And this president is going to have to continue to deal — and work with and partner with or battle with — this group of lawmakers. Maybe he doesn’t think he needs us. But I don’t know, last time I checked, the laws don’t just appear before his desk to sign. The funding just doesn’t come.”
— Sen. Lisa Murkowski (R-AK), quoted by Politico.
Vance Confirms Probe of Ilhan Omar
Vice President JD Vance confirmed the Justice Department is investigating Rep. Ilhan Omar (D-MN) for alleged immigration fraud, the New York Post reports.
All 50 States Have $4 a Gallon Gas
“All 50 states have average gas prices above $4 a gallon, AAA said Wednesday, with seven now topping $5 a gallon,” Axios reports.
Xi Deepens Ties With Putin
“Less than a week after holding talks with President Trump, China’s top leader, Xi Jinping, met with President Vladimir V. Putin of Russia in Beijing on Wednesday, casting the two countries’ relationship as a stabilizing force in a world thrown into tumult by the United States,” the New York Times reports.
IRS Drops All Audits of Trump and His Family
“The Justice Department has granted President Trump, his family and businesses immunity from ongoing inquiries into their taxes, a potentially lucrative arrangement that could shield the president from significant financial liability,” the New York Times reports.
“The provision, quietly inserted on Tuesday as a supplement to a remarkable deal that also created a $1.8 billion compensation fund aimed at benefiting Mr. Trump’s allies, protects the president, his relatives and his businesses from pending audits and tax prosecutions.”
Trump’s Endorsement Machine Steamrolls GOP Dissent
“President Trump delivered a clear message to Republicans in Tuesday’s primaries: Cross the president at your own peril,” the Wall Street Journal reports.
“His powerful primary endorsements have left behind a battered trail of fellow Republicans judged disloyal by Trump—maverick Indiana legislators, Louisiana Sen. Bill Cassidy, and now Rep. Thomas Massie of Kentucky, whom Trump labeled ‘an obstructionist and a fool.’”
Dan Pfeiffer: “Trump’s true passion — his top priority, the reason he gets out of bed in the morning — is to exact revenge on his enemies.”
Washington Post: Key primaries show Trump’s power over the GOP.
Manager at Trump’s Club Advised Reflecting Pool Repairs
New York Times: “The general manager of President Trump’s golf club in Bedminster, N.J., has offered suggestions to guide the renovation of the Lincoln Memorial Reflecting Pool and helped recruit one of the contractors for the job.”
“The manager, David Schutzenhofer, who has run the Trump National Golf Club in Bedminster since 2006, is a private citizen with no known training in engineering or architecture.”
U.S. Plans to Shrink Forces Available to NATO
“The Trump administration is planning to tell NATO allies this week that it will shrink the pool of military capabilities that the U.S. would have available to assist the alliance’s European nations in a major crisis,” Reuters reports.
House to Push for Year-Round Daylight Savings Time
“House Republicans will try again to extend daylight saving time, seeking to end the nation’s semiannual clock changes — and deliver on a priority for President Donald Trump,” the Washington Post reports.
Georgia Senate GOP Primary Heads to Runoff
“Georgia’s Republican Senate primary is headed to a runoff, delaying a resolution in the marquee race that could determine control of the Senate,” the Washington Post reports.
“Rep. Mike Collins and ex-football coach Derek Dooley advanced in the Republican primary to face Democratic incumbent Jon Ossoff in the fall… They will compete in a runoff on June 16, extending their acrimonious rivalry that threatens to divide the GOP.”
Trump Is Doing Whatever He Wants Now
Punchbowl News: “With less than 24 weeks until Election Day, President Donald Trump seems almost maniacally focused on doing and saying things that could harm Republicans’ chances of keeping their House and Senate majorities in November.”
“Trump appears to have all but given up any pretense that he’s concerned about the increasingly fragile Republican majorities on Capitol Hill.”
Josh Hawley Backs Stock Trading Ban for Presidents
Sen. Josh Hawley (R-MO) doubled down Tuesday on his support for banning presidents — along with other federal officials — from trading individual stocks, NBC News reports.
Said Hawley: “I’d be in favor of a uniform rule for everybody. By everybody, I mean everybody, Supreme Court justices, you pick it, that says you can’t trade in stock.”
He added: “I mean, I’m in support of that. So, I’d start with Congress, but … I’d be happy to extend it all across the board.”
Trump May Regret His Revenge Tour
“President Donald Trump notched more wins Tuesday in his revenge campaign against Republican lawmakers who’ve crossed him. But his victory lap may be short-lived,” Politico reports.
“In another stunning display of the president’s electoral power, Kentucky Rep. Thomas Massie lost his primary last night to Trump’s favored candidate, just days after the president’s sway knocked Louisiana Sen. Bill Cassidy out of his re-election race.”
“Trump on Tuesday also officially put Texas incumbent Sen. John Cornyn in his crosshairs by endorsing his primary challenger, scandal-plagued Ken Paxton, ahead of next week’s run-off in that state.”
“But several congressional Republicans are worried the president’s payback whims will cost the party control of the Texas seat as the GOP fights to retain the Senate. And some Republicans may be more willing to gum up Trump’s agenda after watching their colleagues, or themselves, get picked off by his hardball tactics.”
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