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1:10 PM ET, March 4, 2025

memeorandum

 Top Items: 
Wall Street Journal:
Trump Takes the Dumbest Tariff Plunge  —  He says the 25% levies on Mexico and Canada will begin Tuesday.  Stocks fall.  —  President Trump likes to cite the stock market when it's rising as a sign of his policy success, so what does he think about Monday's plunge?
RELATED:
Associated Press:
US tariffs on Canada and Mexico take effect, as China takes aim at US farm exports  —  President Donald Trump's long-threatened tariffs against Canada and Mexico went into effect Tuesday, putting global markets on edge and setting up costly retaliations by the United States' North American allies.
New Republic:
Trump Hit by Brutal Fox News Graphic on Tariffs as More Bad Polls Land  —  On Monday, while President Trump talked about his tariffs, Fox News showed him speaking even as a graphic in the corner displayed the markets sliding.  That said it all: No matter how much boasting he does about the economy …
Justin Trudeau / Prime Minister of Canada:
Statement by the Prime Minister on unjustified U.S. tariffs against Canada  — Statement by the Prime Minister on unjustified U.S. tariffs against Canada  —  The Prime Minister, Justin Trudeau, today issued the following statement on unjustified U.S. tariffs against Canada:
Politico:
Republicans squirm as Trump's tariffs come for their states  —  The agriculture industry will take a major hit from the new 25 percent duties on Mexico and Canada that went into effect at midnight.  —  Republicans in Washington have spent weeks dismissing concerns about President Donald Trump's tariffs …
CNBC:
Dow drops 700 points, Nasdaq enters correction as Trump ignites trade war: Live updates  —  U.S. stocks saw losses mount on Tuesday as President Donald Trump's tariffs on key trade partners took effect and prompted retaliatory measures, triggering a global trade war and escalating fears of the national economy cracking.
Discussion: Fox Business and MarketWatch
CNBC:
Trump's Mexico tariffs could raise produce prices in the next few days, Target CEO says
William Kristol / The Bulwark:
What Fresh Hell Do We Have Today?
Discussion: NBC News
Jennifer Rubin / The Contrarian:
Jen Rubin addresses the halting of aid to Ukraine, tariffs on Canada and Mexico
Discussion: CBS News
Meredith Lee Hill / Politico:
No more town halls, NRCC chief tells House Republicans  —  The chair of the House GOP's campaign arm told Republican lawmakers Tuesday to stop holding in-person town halls amid a wave of angry backlash over the cuts undertaken by President Donald Trump's administration.
RELATED:
Axios:
Scoop: Some Dems plot to disrupt Trump's speech to Congress … - “The part that we all agree on is that this is not business as usual and we would like to find a way — productively — to express our outrage,” one House Democrat told Axios.  — There is widespread disagreement among Democrats …
Robert Reich:   Democrats! Wake the hell up!
Wired:
People Are Paying Millions to Dine With Donald Trump at Mar-a-Lago  —  Business leaders are paying as much as $5,000,000 to meet one-on-one with the president at his Florida compound, sources tell WIRED, while others are paying $1,000,000 apiece to dine with him in a group setting.
Discussion: Axios
Washington Post:
How an Arizona DJ and karate instructor won Trump's ear on Ukraine  —  Until President Donald Trump quoted Michael McCune's Facebook post, it wasn't clear whether he remained interested in pursuing a minerals deal with Ukraine.  —  Just now  —  PHOENIX — In between deejaying weddings …
Discussion: The Hill
RELATED:
CNN:
Trump pauses military aid to Ukraine after Oval Office argument with Zelensky, White House official says
Bloomberg:
Trump Pauses Military Aid to Ukraine After Clash With Zelenskiy
Robert Faturechi / ProPublica:
Ethical Concerns Surround Sen. Joni Ernst's Relationships With Top Military Officials Who Lobbied Her Committee  —  Earlier this year, the Air Force revealed that the general who oversaw its lobbying before Congress had inappropriate romantic relationships with five women, including three who worked on Capitol Hill.
Washington Post:
RFK Jr.'s focus on vitamin A for measles worries health experts  —  The measles outbreak in Texas has sparked debate over the use of vitamin A, with some health experts warning it may not be effective.  —  Health Secretary Robert F. Kennedy Jr.'s focus on vitamin A use to combat …
Discussion: CNN, The Guardian and National Review
RELATED:
Alix Martichoux / The Hill:
9 states report measles cases as outbreaks grow
Discussion: Chicago Sun Times
Alexander Tin / CBS News:   Americas at risk of losing measles elimination status, U.N. agency warns
Mark Landler / New York Times:
Vance Ignites Outrage in Britain With ‘Random Country’ Comment  —  The vice president denied that he was talking about Britain and France when he downplayed “20,000 troops from some random country” protecting Ukraine.  No other countries have pledged troops.
RELATED:
The Sun:
Starmer hits back at JD Vance as fury grows over his claim UK 'hasn't fought war in 30yrs' forgetting Iraq & Afghanistan  —  Politicians of all parties joined with forces heroes in blasting the Vice President's remarks  — Jack Elsom- Jerome Starkey- Harry Cole  — Jack Elsom- Jerome Starkey- Harry Cole
Discussion: Daily Kos, Twitchy, Raw Story and Althouse
Oliver Darcy / Status:
Shell-Shocked at CBS  —  As Paramount's merger with Skydance nears the finish line, CBS News chief Wendy McMahon and “60 Minutes” boss Bill Owens have faced escalating pressure to settle Donald Trump's lawsuit—including from incoming president Jeff Shell.
Thomas B. Edsall / New York Times:
Vengeance Is His  —  With Trump back in the White House, each new week produces an onslaught of radical policy initiatives.  —  In an essay posted on Substack, Stephen I. Vladeck, a law professor at Georgetown, described a sequence — running from Feb. 21 to Feb. 27 …
Discussion: Eschaton
Anna North / Vox:
What Trump is trying to do to the Education Department, explained  —  One of President Donald Trump's biggest targets in his second term has been the Education Department, a federal agency established in 1979 that oversees the enforcement of federal law in schools.
RELATED:
U.S. Department of Education:
Secretary McMahon: Our Department's Final Mission
Ken Thomas / Wall Street Journal:
How Federal Workers Are Dealing With the $1 Limit on Their Corporate Cards  —  Most workers now have the spending limit on their government-issued plastic—rendering it functionally useless  —  WASHINGTON—For much of the federal workforce, pulling out a government credit card during …
RELATED:
Wired:   Elon Musk's $1 Spending Limit Is Paralyzing Federal Agencies
Abha Bhattarai / Washington Post:
Trump official floats new approach on GDP, as economy poised to slow sharply  —  Commerce Secretary Howard Lutnick says government spending should be separate from economic growth, echoing comments from Elon Musk days earlier.  —  The Trump administration is suggesting a change …
Discussion: Vox
RELATED:
New York Times:
Commerce Secretary's Comments Raise Fears of Interference in Federal Data
Discussion: Marketplace, Axios and Reuters
CNN:
‘It was messy’: Federal workers ordered to return to offices without desks, Wi-Fi and lights  —  Millions of federal workers were ordered to return to offices across the country in recent weeks, marking an end to Covid-era rules allowing more flexibility to work from home.
RELATED:
Brendan O'Brien / Reuters:
Trump says federal funding will stop for colleges, schools allowing ‘illegal’ protests  —  President Donald Trump said on Tuesday that all federal funding will stop for colleges and schools that allow “illegal” protests and that agitators will be imprisoned or sent back to the country they came from.
RELATED:
Lexi Lonas Cochran / The Hill:
Trump threatens to stop funding for any colleges allowing ‘illegal protests’
Discussion: Al Jazeera
Just Security:
Timeline: Politicization and Weaponization of Justice Department in Second Trump Administration  —  What follows is a timeline of actions that highlight the alarming level of politicization and weaponization of the Department of Justice under the second Trump administration.
Reuters:
Exclusive: Fired US government workers with top security clearances were not given exit briefings, sources say  —  Some U.S. government workers with top security clearances fired in mass layoffs overseen by Elon Musk in recent weeks were not given standard exit briefings and advised …
Katherine Stewart / New Republic:
Beware Trump's Talk of Coming “Emergencies”  —  Even before he took office, Donald Trump spoke of emergency: America is in the grip of a “woke” and weaponized federal government, he warned.  Then came the catch: With the nation in such a state, the normal rules weren't going to apply anymore.
John Frank / Axios:
Tina Peters election tampering case under DOJ review … - Yaakov Roth, the acting assistant attorney general for the Justice Department's civil division, expressed concern about the judge's “exceptionally lengthy” nine-year prison sentence and denial of bail while the conviction is appealed.
 
 
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 More Items: 
Hugh Son / CNBC:
CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud
Discussion: NBC News and Townhall
Filip Timotija / The Hill:
Social Security Administration says it's identified $800M+ in savings
Rick Claypool / Public Citizen:
Corporate Clemency: How Trump Is Halting Enforcement Against Corporate Lawbreakers
Discussion: NPR
Bloomberg:
Let's Talk About the Trump Paradox
Kit Yates / The Guardian:
Elon Musk is a proven danger to good science, but the Royal Society won't say it. That's why I resigned
Discussion: Agence France-Presse
Justin Jouvenal / Washington Post:
Supreme Court strikes down EPA rules on discharge of water pollution
New York Times:
Arab Leaders Meet at Emergency Summit to Form Plan on Gaza Crisis
 Earlier Items: 
Laura Meckler / Washington Post:
Senate blocks ban on transgender athletes, as Trump pushes forward
Christian Paz / Vox:
Trump's honeymoon is over  —  Six weeks ago, President Donald Trump could credibly say that he and his agenda were popular.
Discussion: ABC News
Kate Shaw / New York Times:
There Is No Musk Exception in the Constitution
Heather Cox Richardson / Letters from an American:
March 3, 2025  —  As seemed evident even at the time, the ambush of Ukraine president Volodymyr Zelensky …
Glenn Thrush / New York Times:
U.S. Attorney Rebuffed by Justice Dept. in Push to Escalate Inquiry Into Schumer
Discussion: CBS News
Nandika Chatterjee / The Daily Beast:
Social Security Checks Could Stop Going Out by April, Ex-Head Warns
Discussion: Mediaite
Hafiz Rashid / New Republic:
Trump Celebrates After Killing Anti-Money-Laundering Law
 

 
From Techmeme:

Daniel Thomas / Financial Times:
Netflix agrees to acquire WBD's studios and streaming business in an $82.7B cash-and-stock deal, including debt, to close after WBD splits in two in Q3 2026

Foo Yun Chee / Reuters:
The EU fines X €120M for breaching online content rules, the first fine under the DSA, citing issues like its deceptive blue checkmarks, after a two-year probe

New York Times:
The New York Times sues Perplexity, claiming the AI startup violated its copyrights and kept using its content despite repeated demands over the past 18 months
 
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