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3:35 PM ET, May 28, 2025

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RELATED:
Liz Dye / Public Notice:
Trump's attack on Harvard hampered by his inability to STFU  —  🧑‍🎓 📖 👩‍🏫 With corporate outlets obeying in advance, supporting independent political media is more important right now than ever.  PN is possible thanks to paid subscribers.
Paul Krugman:
America Turns Its Back on the World  —  Blocking foreign students is an act of self-destruction — and self-betrayal  —  My wife and I are co-authors of a widely used textbook on the principles of economics, which is revised on a three-year cycle.  When a new edition comes out …
Discussion: OutsideTheBeltway and Politico
Kinsey Crowley / Palm Beach Post:
No, Barron Trump was not rejected from Harvard, FLOTUS says amid university battle  — Barron Trump did not apply to or get rejected from Harvard, according to the first lady's office.  — Trump is in an ongoing fued with Harvard after it refused to comply with federal directives.
Daniel W. Drezner / Drezner's World:
The Trump Administration Is Trying to Kill American Higher Education  —  I don't care about the “why” — I care about the “what.”  —  Recent readers may recall that I was in a bit of a funk last week because among other things “The [Trump] administration further escalated its war on Harvard in myriad ways.
Brian O'Neill / The Contrarian:
Another salvo fired at Harvard
Discussion: Los Angeles Times
Jason Karaian / New York Times:
Stocks Rally on the ‘TACO Trade’  —  The tongue-in-cheek term adopted by some analysts and commentators describes how markets tumble on President Trump's tariff threats, only to rebound when he relents.  —  Stock markets jumped on Tuesday, with the S&P 500 posting its biggest gain in weeks.
RELATED:
Ed Mazza / HuffPost:
Wall Street Investors Mock Trump With A Brutal 4-Letter Code Word
Discussion: Raw Story
David Gilmour / Mediaite:
‘TACO’: Wall Street Mocks Trump With 4-Letter Code to Call Bets Against Him
William Watts / MarketWatch:
The ‘Trump always chickens out’ trade is the talk of Wall Street. Here's one way to play it.
Politico:
White House plans — at last — to send some DOGE cuts to Hill  —  House Republicans are expecting a modest package next week amid an online pressure campaign.  —  The White House plans to send a small package of spending cuts to Congress next week, senior GOP officials told several House Republicans Wednesday.
RELATED:
David Pogue / CBS News:
Elon Musk says he's “disappointed” by Trump's “big, beautiful bill” and what it means for DOGE
Hans Nichols / Axios:
Trump asking Congress to help with $9.4 billion in DOGE cuts
Katherine Doyle / NBC News:
Trump says he will ‘take a look’ at possible pardons for men convicted of plotting to kidnap Michigan Gov. Gretchen Whitmer  —  Whitmer, who met with Trump multiple times this year, once placed some of the blame for the plot on Trump's rhetoric.  —  President Donald Trump said he would look …
RELATED:
Ryan J. Reilly / NBC News:
Trump's pardons highlight Justice Department's pullback from public corruption cases
Skylar Woodhouse / Bloomberg:
Trump Weighs Pardons for Michigan Governor Kidnapping Plotters
Christian Davenport / Washington Post:
Back at SpaceX, Musk says in interview DOGE became D.C.'s ‘whipping boy’  —  Musk made his comments at an inflection point for SpaceX amid a string of failures of its Starship spacecraft in recent test flights.  —  STARBASE, Tex. — Elon Musk, returning to SpaceX on Tuesday for a test flight …
Axios:
Scoop: Stephen Miller, Noem tell ICE to supercharge immigrant arrests  —  In a tense meeting last week, top Trump aide Stephen Miller and Homeland Security Secretary Kristi Noem demanded that immigration agents seek to arrest 3,000 people a day, according to two sources familiar with the meeting.
Nikki McCann Ramirez / Rolling Stone:
Republican Crumbles When Pressed About Tax Bill at Heated Town Hall  —  Rep. Mike Flood admitted to angry constituents that he hadn't read Trump's “big, beautiful” reconciliation package before voting for it  —  Republican Rep. Mike Flood appeared before his constituents in Nebraska on Tuesday …
Discussion: KOLN, The Daily Beast and Bloomberg
RELATED:
Niha Masih / Washington Post:
RFK Jr. says he may bar scientists from publishing in top medical journals  —  Health Secretary Robert F. Kennedy Jr. took aim at reputed journals such as the Lancet and said the agency will create “in-house” publications instead.  —  Health and Human Services Secretary Robert F. Kennedy Jr …
Nate Silver / Silver Bulletin:
Turnout didn't cost Kamala Harris the election  —  Two quick announcements.  The World Series of Poker began yesterday and continues through mid-July; I'll be there beginning the week of June 9.  Although I'm not going to send out a separate email about it, I've revised and improved the guide to the WSOP that I wrote last year.
ProPublica:
Death, Sexual Violence and Human Trafficking: Fallout From U.S. Aid Withdrawal Hits the World's Most Fragile Locations  —  Exclusive State Department records show: As the Trump administration abandons its humanitarian commitments, diplomats are reporting that the cuts have led to violence …
RELATED:
Glenn Kessler / Washington Post:
Rubio's claim that it's ‘a lie’ that people have died from foreign-aid cuts
Discussion: NPR
Greg Iacurci / CNBC:
Trump administration axes Biden-era barrier for crypto in 401(k) plans … The Trump administration on Wednesday relaxed barriers in 401(k) plans to buying cryptocurrency and related digital assets like NFTs and meme coins.  —  The Labor Department rescinded guidance put in place …
Discussion: DOL, Politico, The Hill, CoinDesk and NewsMax.com
RELATED:
Joe Walsh / CBS News:
JD Vance says “crypto finally has a champion” in the White House during Bitcoin conference speech
M. Gessen / New York Times:
Beware: We Are Entering a New Phase of the Trump Era  —  In a show that recently opened at the LaMaMa Experimental Theater Club in the East Village, a group of actors led by a young, ambitious, charmingly naïve director are almost finished rehearsing Chekhov's “The Seagull” …
Wall Street Journal:
Trump Says He Didn't ‘Chicken Out’ on Tariffs  —  President Trump rejected claims that he is backing down on tariffs in Oval Office comments Wednesday, when asked about a new saying from Wall Street analysts that “Trump always chickens out” after imposing high duties.
Washington Post:
Trump oversight picks include scandal-hit ex-lawmaker, antiabortion lawyer  —  Several nominees have clearly partisan backgrounds, including two with controversial histories and two with ties to the agency they would be investigating.  —  President Donald Trump's pick to investigate waste …
Discussion: Mock Paper Scissors
RELATED:
Simon Lewis / Reuters:
US to ban foreign officials over ‘flagrant censorship’ on social media  —  The U.S. will impose visa bans on foreign nationals it deems to be censoring Americans, Secretary of State Marco Rubio said on Wednesday, and he suggested the new policy could target officials regulating U.S. tech companies.
RELATED:
William Kristol / The Bulwark:
RFK Jr.'s War on Vaccines Is Here  —  Always another thing with these guys: … The administration may already be abusing the customs process to block entry to the country for conduct as innocuous as criticism of the president.  But we're sure this power won't be one they'll abuse.  Happy Wednesday.
David Frum / The Atlantic:
The Trump Presidency's World-Historical Heist … During his first presidency, Donald Trump collected millions of dollars of other people's money.  He charged the taxpayer nearly $2 million to protect him during the hundreds of times he visited his own properties.
Axios:
Behind the Curtain: A white-collar bloodbath  —  Dario Amodei — CEO of Anthropic, one of the world's most powerful creators of artificial intelligence — has a blunt, scary warning for the U.S. government and all of us:  — AI could wipe out half of all entry-level white-collar jobs …
Discussion: New York Post
Brian Melley / Associated Press:
Tate brothers face rape and trafficking charges in the UK  —  Influencer brothers Andrew and Tristan Tate have been charged in Britain with rape and other crimes, prosecutors said Wednesday.  The charges were authorized in January last year and news media at the time reported on arrest warrants issued …
Sahil Lavingia:
DOGE Days  —  In August 2014, President Obama and Congress created the United States Digital Service (USDS).  —  In January 2025, President Trump signed an executive order to rename and reorganize it as the United States DOGE Service.  —  In consultation with USDS, each Agency Head shall establish within …
Discussion: GovExec.com
Jeff Stein / Washington Post:
GOP rejects ‘millionaire tax’ pitch, advancing breaks for rich Americans  —  Legislation moving through Congress includes breaks for the upper and middle classes as the House rebuffs President Donald Trump's suggestions.  —  Grover Norquist had about 15 minutes before boarding his flight to Poland this month when his phone rang.
David Dayen / American Prospect:
Senate Democrats Have Been Handed a Tool to Stop the Big Beautiful Bill  —  Thanks to a Republican vote to stop California from setting its own auto emissions, Democrats can challenge virtually any Trump administration action, and eat up time on the Senate floor.
Discussion: MSNBC
Madeline Leesman / Townhall:
Greg Abbott Issues a Grim Warning to Two Illegal Aliens Arrested Over Jet Skit Hit-and-Run  —  On Tuesday, reports broke that two illegal aliens were arrested for their alleged involvement in the death of Ava Moore, an 18-year-old Air Force cadet candidate who was killed in a jet ski hit-and-run on Sunday.
CBS News:
Retiring Capitol Police chief says Trump's Jan. 6 pardons were “slap in the face”  —  U.S. Capitol Police Chief J. Thomas Manger, who is retiring Friday, tells CBS News' Scott MacFarlane that the day President Trump issued January 6 pardons was one of his worst days on the job and a …
 
 
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 More Items: 
New York Times:
How to Turn the Middle Against Trump
Rachel Weiner / Washington Post:
Bowser to replace D.C. Streetcar with ‘next generation streetcar.’ It's a bus.
Ben Johansen / Politico:
Termination notices expected to go out to all remaining Voice of America employees this week
Rachel Leingang / The Guardian:
Woman's life-saving treatment delayed by Trump cuts to NIH: 'Cancer shouldn't be political'
Jake Lahut / Wired:
Nancy Mace's Former Staff Claim She Had Them Create Burner Accounts to Promote Her
Discussion: Mediaite
 Earlier Items: 
David Nir / The Downballot:
Morning Digest: The top supreme court races to watch this cycle
Ryan Quinn / Inside Higher Ed:
Utah Lawmakers Flex Their Power Over Public Universities
Tom Jones / Poynter:
Trump targeted public media. Now NPR is taking him to court
Gary D. Robertson / Associated Press:
Trump administration sues North Carolina over its voter registration records
Jonathan Martin / Politico:
‘He Is Ohio’: DeWine Pitches an Alternative to Ramaswamy
Discussion: al.com and The Independent
Mary Hudetz / ProPublica:
Trump Pledged to “Make America Healthy Again,” Then Cut a Program Many Tribes Rely on for Healthy Food
Kenneth Chang / New York Times:
SpaceX Starship Loses Control on Test Flight 9 as Rocket Re-enters Earth
 

 
From Mediagazer:

Bloomberg:
Sources: WBD begins exclusive talks with Netflix to sell its film and TV studios and HBO Max; Netflix is offering a $5B breakup fee if the deal isn't approved

The Guardian:
Ireland, Spain, Slovenia, and the Netherlands exit Eurovision after Israel received an all-clear to compete; the BBC and Germany's SWR plan to participate

James Faris / Business Insider:
Kalshi strikes a deal with CNBC that will integrate Kalshi's prediction data into CNBC's channel, site, and app starting in 2026, days after striking a CNN deal
 
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