“The coast-to-coast battle to gain an edge in November’s elections through partisan gerrymandering is racing to its conclusion – with Republicans poised to finish with as many as 10 seats ahead of Democrats through redistricting alone,” CNN reports.
Pentagon’s Wall Street Push Draws Democrats’ Ire
Semafor: “A new Pentagon unit being built to court Wall Street and pitch roughly $200 billion in private equity deals across the defense industry is drawing criticism from congressional Democrats, who are demanding communications, deal records, and conflict-of-interest policies tied to the operation.”
The YOLO Caucus Is Growing
Wall Street Journal: “Sen. John Cornyn (R-TX) won’t be a U.S. senator after Jan. 3, 2027. But, for the next seven months, he will be a member of the swelling YOLO Caucus. YOLO, as in, You Only Live Once.”
“Lame-duck presidents and members of Congress can often be inconsequential, but this group of Republicans who have been cut loose by President Trump through primaries or retirements could wreak havoc…if they decide to.”
Unusual Machines Shares Surge on Funding Expectations
Wall Street Journal: “Shares in drone-parts maker Unusual Machines surged premarket after The Wall Street Journal reported that the Trump administration was considering funding a group of U.S. drone companies.”
“The stock jumped over 39% premarket to $26.30, which would be a record if the gains carry over to market open.”
“Donald Trump Jr. is a shareholder and an advisory board member to the Florida-based company.”
The Crooked Places Made Straight
Coming next month: The Crooked Places Made Straight: Reflections on the Moral Meaning of America by Sen. Raphael Warnock.
The book examines six crises at the center of American life: voting rights and voter suppression, gun violence, mass incarceration, the persistence of poverty, dark money in politics, and the climate emergency.
U.S. and Iran Trade Fresh Strikes
“The United States and Iran traded strikes overnight after President Donald Trump insisted he would not agree to a ‘crummy agreement’ in the negotiations to end the nearly three-month-old war,” the Washington Post reports.
“Iran’s Islamic Revolutionary Guard Corps said Thursday morning that it had retaliated against a U.S. attack outside the airport in Bandar Abbas, a city on the Strait of Hormuz, by targeting the U.S. air base from which the strike originated.”
New York Times: “In recent days, Washington and Tehran have suggested that they were close to agreeing on a narrow agreement to allow commercial shipping to resume in the strait. But on Wednesday, U.S. forces launched new strikes and President Trump reiterated that he did not want the waterway to be under Iranian control.”
Ro Khanna Takes Economic Message on the Road
CNBC: “Khanna, a progressive long seen as ambitious in Washington circles, has found himself joining the list of potential 2028 hopefuls in the eyes of oddsmakers after his successful push to release the Epstein files, which exploded into the biggest news story of 2025. He’s turned that win into a populist bazooka, railing against the ‘Epstein class’ as he calls for progressive, populist policies that could reshape the U.S. economy.”
“Khanna has a liberal track record and endorsed self-described democratic socialist New York Mayor Zohran Mamdani. But in the industrial U.S., he talked more middle-of-the-road economic issues and pitched well-worn Democratic ideas such as cutting defense spending and finding money to pay for social programs by targeting waste, fraud and abuse.”
Trump Refiles $10 Billion Defamation Suit Against WSJ
“Donald Trump has refiled a defamation lawsuit seeking at least $10bn in damages against the Wall Street Journal over its reporting on his ties to Jeffrey Epstein, after a judge threw out an earlier version over legal deficiencies,” The Guardian reports.
Officials Push $250 Banknote with Trump’s Portrait
“Trump administration officials have pressed the office responsible for printing the nation’s money to design a $250 bill featuring the president’s portrait, according to four current and former employees, in what would be the first appearance of a living person on U.S. currency in more than 150 years,” the Washington Post reports.
Working Class Voters Sour on Trump
Washington Post: “White voters without college degrees, who have powered Trump’s victories since 2016, are growing frustrated with his second term. In a striking shift, the group that voted to reelect Trump by a huge margin is now net-negative on how Trump is handling his job in several polls. They join other Americans across demographic lines souring on the president’s second term, especially his handling of the economy.”
“The swing is stark: 54 percent of White voters without a college degree disapproved of Trump’s performance in a CBS News poll this month, up from 32 percent in February 2025 and 45 percent in February of this year. It’s a sobering sign for Republicans heading into the midterms and working to turn out the voters who carried Trump to victory in 2024.”
Judges Urge Inquiry Into Deal Trump Struck With IRS
“A bipartisan group of 35 former federal judges on Wednesday asked the judge who oversaw President Trump’s remarkable lawsuit against the Internal Revenue Service to reopen the case and conduct an inquiry into whether the hasty deal to resolve it could be challenged as an act of fraud,” the New York Times reports.
Washington Post: Ex-federal judges ask court to reopen Trump’s IRS lawsuit, probe payout fund.
Can Democrats Sway Young Men?
New York Times: “Propelled by economic anxiety, young men lurched to the right in the 2024 election — a 15-percent swing from 2020 — and helped Mr. Trump win the White House, setting off a round of soul-searching among Democratic politicians and strategists who were dismayed that this once-reliable demographic had fallen away.”
“A year and a half later, some Gen Z men say they are disillusioned by Mr. Trump’s second term.”
The Mideast Is Baffled by Trump’s Call
“The social media post by President Trump made it sound straightforward. The United States would orchestrate a deal to end the war with Iran and, in exchange, a slew of countries across the Middle East and South Asia would join an agreement, called the Abraham Accords, establishing relations with Israel,” the New York Times reports.
“In fact, he said, that ‘should be mandatory.’ But half of the countries he named — such as Egypt, Jordan and Turkey — already have relations with Israel. And the other half — including Saudi Arabia, Qatar and Pakistan — have no interest in establishing them anytime soon.”
“As a result, the meandering ultimatum that Mr. Trump shared on Monday was met with a mix of silence and bemusement across the Middle East. Regional analysts said they were not even sure that they understood the rationale behind his proposal.”
Trump’s Job Approval Dips
A new Emerson College survey finds President Donald Trump with a 39% job approval rating, while 55% disapprove of the job he is doing in the Oval Office.
Justice Department Launches Probe of E. Jean Carroll
“The Justice Department has launched a criminal investigation into E. Jean Carroll, the former magazine columnist who accused President Donald Trump of sexual assault,” CNN reports.
“The investigation is focused on whether Carroll committed perjury in testimony tied to her two civil lawsuits against the president – one alleging he sexually abused Carroll in a New York department store in the mid-1990s, and a second for defaming her when in 2019 he repeatedly denied the assault, said she wasn’t his type and claimed she made it up to boost sales of a book.”
U.S. Military Carries Out New Strikes in Iran
The U.S. military carried out new strikes in Iran on Wednesday, targeting a site that posed a threat to US forces and commercial traffic, CNN reports.
Court Orders Customs Chief to Address Refunding Tariffs
New York Times: “A federal trade court has ordered Rodney S. Scott, the head of U.S. Customs and Border Protection, to appear at a hearing next month on the Trump administration’s handling of roughly $166 billion in tariff refunds.”
“The unexpected demand, issued on Wednesday, hinted at a judge’s ongoing concern that the government has not fully complied with a directive to return all of the money amassed under duties that were declared illegal by the Supreme Court earlier this year.”
John Cornyn Lost With His Boots Off
Jonathan Chait: “Trump ended the career of virtually every Republican officeholder who voted to impeach him after his attempt to overturn the 2020 election. Now he is going after other Republicans guilty of even minor deviations from his commands.”
“As he has relentlessly hunted the dissident Republicans to extinction, his prey has, like Cornyn, tried to depict the president’s opposition as a tragic misunderstanding between friends. Even Massie put himself forward as a true Trump ally.”
“Cornyn, like so many of his fellow soon-to-be-ex-politicians, staked his survival on the hopeless tactic of trying to beat Trump’s team in a contest over who loves Trump more.”
“Overcoming Trump’s hold on the rank and file is not easy, but the method his victims have chosen—essentially to beg for Trump’s mercy, and then not receive it—saps them of their dignity without meaningfully increasing their odds of political survival.”
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