If you've tuned into CSPAN anytime in the last 2 hours and found yourself slapping the side of the TV, wondering why the screen isn't changing, here's what's happening...
1. Lots of us including yours truly got in really late last night to vote on a bill that would slash taxes for billionaires, kick 17 million people off their health insurance, force lots of kids, seniors and veterans to go hungry AND is really unpopular. It's an easy "no" vote.
2. BUT, Trump wants it. And he wants it before July 4th so that he can go out and tell the American people how much he hates veterans, seniors, children and other Americans who are not billionaires. And if Daddy wants something, Republicans will do it.
Because a number of folks keep asking, let’s talk about why the Democrats overwhelmingly voted to table Al Green’s motion to impeach Donald Trump. TL;DR: if you want Trump to be out of office ASAP, this was the right call, right now. Read on for the explanation…
1. Shortly after my wife and I got engaged we took a vacation to Wyoming. In the course of a horseback trip, our guide, upon learning of our upcoming nuptials, prior to offering me some advice said “I’ve been married 5 times, so I think I know a little something about women”.
2. In that vein, in my 6 years in Congress, I’ve seen 3 house impeachments (Trump 2x where I voted yes, Mayorkas 1x where I opposed). None were removed. So I think I know a little something about removing people from office…
This is not about the merits of Iran’s nuclear program. No president has the authority to bomb another country that does not pose an imminent threat to the US without the approval of Congress. This is an unambiguous impeachable offense.
I’m not saying we have the votes to impeach. I’m saying that you DO NOT do this without Congressional approval and if Johnson doesn’t grow a spine and learn to be a real boy tomorrow we have a BFing problem that puts our very Republic at risk.
To be clear, I do not dispute that Iran is a nuclear threat. That’s why Obama negotiated the JCPOA. But whether that is better resolved through diplomatic or military measures is not a decision that the executive branch has unilaterally.
This is the reason why our Constitution has an emoluments clause. And every day that the House GOP refuses to do any oversight of the Trump family's grift is another day that our Republic gets a little more fragile. Thread: ft.com/content/13a6ce…
1. I've been raising a stink about Sun and Trump ever since he fronted $30M to World Liberty Financial, Trump's shady AF defi platform. thedefiant.io/news/tokens/ju…
2. That "investment" triggered provisions in the initial World Liberty financing documents that allowed the Trump family to take cash out of the business. In exchange, Sun got a stake in tokens that cannot be sold and are controlled by the Trump family. Literally nothing.
Liz Truss lasted 49 days as Prime Minister. For context, that's less than 20% of the time that Kevin McCarthy lasted as speaker. And yet she - like him - thinks she has some wisdom to offer from that experience. (TL;DR: she's learned nothing.) washingtonpost.com/opinions/2025/…
As I said on the floor earlier this week, mediocre businesses hate competition for the same reason mediocre politicians hate DEI. Because they can't win in a meritocracy. But economic growth depends on competition - in labor and energy markets.
Under Bessent's watch, investors have fled US equities and treasuries for other countries. Saying that he should pro-growth is fine. But you should praise him (or Brexit supporters) for it in the same way you praise me for my ability to win the NBA slam dunk contest.
Watching the Senate cloture vote on the (highly misnamed) Genius Act and keep thinking back to a conversation I had with a Senior official in the Biden WH 4 years ago. I asked him what he thought about crypto and he said “how do you define money?” Thread:
1. It was a very Socratic process, but goes to the heart of the rot in the crypto space. The whole thesis is that it’s currency. But it isn’t, and never will be, for the same reason that gold, fine art and pork bellies aren’t money.
2. “A store of value” isn’t the definition of money. After all, you can go back thousands of years in human history and dig up coins minted in precious or semi-precious metals with the Caesar / Emporer’s face. Why bother making that money if the metal had value?