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9:50 AM ET, May 22, 2025

memeorandum

 Top Items: 
Nick Timiraos / Wall Street Journal:
The Deficit Is Unsettling Bond Traders.  Here's How That Affects the Economy.  —  The trade war has calmed down, but rising government borrowing costs pose a new worry  —  An economy facing possible indigestion from big increases in tariffs now is contending with a second headwind …
Discussion: MSNBC, CNN, Bloomberg, CNBC and Reason
RELATED:
Katherine Tully-McManus / Politico:
House Republicans pass ‘big, beautiful bill’ after weeks of division  —  The sweeping measure heads to the Senate, where Republicans are expected to make changes.  —  House Republicans came together to pass their domestic-policy megabill early Thursday, after weeks of internal conflict …
NBC News:
House passes sweeping domestic policy package after Trump and Speaker Johnson win over holdouts  —  The multi-trillion-dollar tax-cut and spending bill now heads to the Senate, where Republicans have vowed to make changes.  —  WASHINGTON — The House of Representatives on Thursday morning narrowly passed …
New York Times:
The House Passed Trump's Megabill.  Bond Investors Are Worried.  —  Republicans brought the president's tax cuts one step closer to reality, but Wall Street remains on edge about the fiscal costs.  —  Bond investors squirm over the budget  —  House Republicans overcame bitter differences …
New York Times:
Here are some of the changes to the House bill that passed on Thursday morning.  —  The early-morning vote was 215 to 214, mostly along party lines.  It was a crucial victory for what President Trump and Republicans are calling the “big, beautiful bill.”  —  A victory for House Republican …
Discussion: New Jersey Online and SCOTUSblog
Politico:
Why Warren Davidson voted against the House GOP megabill
Discussion: Raw Story
New York Times:
Republicans Will Use Paperwork to Kick Americans Off Health Care
Discussion: Can We Still Govern?
New York Times:   House Passes Trump's Domestic Policy Bill, Overcoming Last-Minute Resistance
Punchbowl News:   5/22/25 ☀️ AM:  —  Johnson is on the brink of a massive victory
New York Times:
2 Israeli Embassy Aides Are Fatally Shot Outside Event in Washington  —  The shooting occurred outside the Capital Jewish Museum.  A suspect shouted “Free, free Palestine” after he was taken into custody, officials said.  —  Two young Israeli Embassy aides were shot and killed outside …
RELATED:
The Guardian:
Two Israeli embassy staff shot dead near Washington DC Jewish museum  —  Police said a suspect was in custody after the shooting near the Capital Jewish Museum  —  Joseph Gedeon in Washington and Lorenzo Tondo in Jerusalem  —  A suspect is in custody after shooting dead two Israeli embassy staff outside …
Maya Sweedler / Associated Press:
2 staff members of Israeli Embassy killed in shooting near Jewish museum in DC  —  Two staff members of the Israeli Embassy in Washington were shot and killed Wednesday evening while leaving an event at a Jewish museum, and the suspect yelled, “Free, free Palestine” after he was arrested, police said.
Rudy Chinchilla / NBC News:
Two Israeli Embassy staffers shot dead outside D.C.'s Capital Jewish Museum  —  The gunman shouted “Free Palestine” as he was being arrested, law enforcement officials said.  —  Two staff members of Israel's embassy in Washington, D.C., were shot dead outside the district's Capital Jewish Museum on Wednesday night, officials said.
CNN:
Two Israeli Embassy staff members killed outside Jewish museum in Washington, DC
Kevin Breuninger / CNBC:
Person shot outside CIA headquarters by security guards
Discussion: CBS News, Reuters and NewsMax.com
Bill McCarthy / Barron's Online:
Trump Displays DRC Visual As Proof Of South African ‘Genocide’  —  US President Donald Trump brandished a stack of printed articles at the White House Wednesday that he claimed documented a genocide taking place against white people in South Africa.  —  Mixed into the deck of papers he unveiled …
RELATED:
New York Times:
Trump Claimed a Social Media Video Showed ‘Burial Sites’ of White Farmers.  It Didn't.  —  During a meeting with South Africa's president, President Trump played the video as evidence of racial persecution.  A Times analysis found he misrepresented the contents of the video.
The Hill:
Trump hits South African president with video ‘genocide’ claims: 5 takeaways
Reuters:
Trump calls his own foreign aid cuts at USAID ‘devastating’
Discussion: USA Today and Undark Magazine
Nick Judin / Mississippi Free Press:
ICE Arrests Mississippi Father at His Citizenship Hearing, Threatening Deportation  — Click to email a link to a friend (Opens in new window) Email  —  One morning, sitting in an immigration office in Memphis, Kasper Eriksen found himself transformed.  Only a day before, he was a welding foreman …
Discussion: Magnolia Tribune and Newsweek
ProPublica:
More Than a Dozen U.S. Officials Sold Stocks Before Trump's Tariffs Sent the Market Plunging  —  The week before President Donald Trump unveiled bruising new tariffs that sent the stock market plummeting, a key official in the agency that shapes his administration's trade policy sold off as much as $30,000 of stock.
NBC News:
White House purges transcripts of Trump's remarks from its website  —  The White House told NBC News it has decided to post only videos.  There still is one transcript remaining online, however: Trump's inaugural address.  —  WASHINGTON — The White House has removed official transcripts …
Corbin Bolies / The Daily Beast:
‘The View’ Told to Tone Down Trump Bashing by ABC News Boss  —  COOL IT  —  Multiple sources shared details with the Daily Beast about a meeting in which the ABC News president delivered a message that left the co-hosts unnerved.  —  EXCLUSIVE  —  Disney and ABC News have asked the hosts …
Lolita C. Baldor / Associated Press:
Defense Department accepts Boeing 747 from Qatar for Trump's use  —  Defense Secretary Pete Hegseth has accepted a luxury Boeing 747 jet from Qatar for President Donald Trump to use as Air Force One, the Pentagon said Wednesday, despite ongoing questions about the ethics and legality of taking the expensive gift from a foreign nation.
RELATED:
New York Times:
U.S. Formally Accepts Luxury Jet From Qatar for Trump
The Atlantic:
The Decline and Fall of Elon Musk  —  This article was featured in the One Story to Read Today newsletter.  Sign up for it here.  —  “Fuck you!  Fuck you!  Fuck you!”  —  Treasury Secretary Scott Bessent was shouting at Elon Musk in the halls of the West Wing last month …
New York Times:
How Trump Officials Debated Handling of the Abrego Garcia Case: ‘Keep Him Where He Is’  —  A Maryland man's deportation to El Salvador set off a fierce debate among officials in three cabinet agencies, despite agreement there had been a mistake.  —  A mistake had been made.  That much was clear.
Discussion: The Hill, Raw Story and Slate
Washington Post:
Ed Martin's failed bid for U.S. attorney revealed the limits of Trump's power  —  The unsuccessful nomination revealed a shifting relationship between the president and GOP senators — and Trump's willingness to walk away from a protracted fight.  —  It was mid-April, and Ed Martin knew his nomination was in danger.
Discussion: Raw Story and Above the Law
Paul Krugman:
Gaming Out a Sudden Stop  —  What happens if investors lose faith in America?  —  I used to be an economics ambulance-chaser — someone who raced around the world to wherever there was an interesting economic calamity.  And this international experience probably made me more sensitive …
Erin Reed / Erin In The Morning:
House Spending Bill Now Bans Medicaid For Transition Care For Adults  —  The provision was stricken late at night to appeal to hardline conservatives. … Late Wednesday night, as the House debated Trump's sweeping tax and spending bill—which will shape the federal government's priorities …
Zach Blackburn / New Jersey Globe:
Judge dismisses Baraka charges, reprimands prosecutors  —  Prosecutors announced the decision to drop trespassing charges against the mayor earlier this week  —  A federal judge on Wednesday scolded federal prosecutors and announced he will dismiss trespassing charges against Newark Mayor Ras Baraka related …
Associated Press:
‘Unquestionably in violation’: Judge says US government didn't follow court order on deportations  —  The White House violated a court order on deportations to third countries with a flight linked to the chaotic African nation of South Sudan, a federal judge said Wednesday …
Associated Press:
Former Florida Republican congressional candidate gets 3 years for threatening primary opponent  —  In 2021, William Robert Braddock III and Rep. Anna Paulina Luna were candidates in the primary election to represent Florida's 13th Congressional District.  —  TAMPA, Fla. — A former Florida …
Discussion: Tampa Bay Times, UPI and The Hill
 
 
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 More Items: 
Jessica Winter / New Yorker:
What Casey Means and MAHA Want You to Fear
Bloomberg:
A Building Boom on Federal Land? It Just Might Work.
Jennifer Rubin / The Contrarian:
Where is the outrage when Trump goes full Erdogan?
Discussion: WBUR
Joey Roulette / Reuters:
Trump's Golden Dome plan could launch new era of weapons in space
Wall Street Journal:
Trump's Mar-a-Lago and Bedminster Clubs Are Taking In More Money Than Ever
Theodore Schleifer / New York Times:
Laurene Powell Jobs Lays Off 10% of Emerson Collective's Staff
 Earlier Items: 
Politico:
Moderate Republican balks over IRA rollbacks in megabill
Discussion: E&E News and USA Today
David A. Graham / The Atlantic:
The Trump Administration's Favorite Answer
Discussion: Techdirt
 

 
From Mediagazer:

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

Robert Channick / Chicago Tribune:
The Chicago Tribune sues Perplexity for copyright infringement, alleging Perplexity's platforms lift Tribune content verbatim and divert traffic from the paper

Will Sommer / @willsommer:
The Blaze retracts its article accusing a former Capitol Police officer of being the January 6 pipe bomber after the FBI arrested a different person
 
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