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12:20 PM ET, March 24, 2026

memeorandum

 Top Items: 
Paul Krugman:
Treason in the Futures Markets  —  Over the weekend Donald Trump threatened dire vengeance on Iran unless its government opened the Strait of Hormuz within 48 hours, a deadline that would expire Monday evening in Washington.  Specifically, he announced that the U.S. would begin bombing power plants …
Discussion: New York Sun, Mediaite and CNBC
RELATED:
New York Times:
Saudi Leader Is Said to Push Trump to Continue Iran War in Recent Calls  —  Crown Prince Mohammed bin Salman sees a “historic opportunity” to remake the region, according to people briefed by U.S. officials on the conversations.  —  Saudi Arabia's de facto leader, Crown Prince Mohammed bin Salman …
Financial Times:
Traders placed $580mn in oil bets ahead of Donald Trump's social media post on Iran talks  —  Thousands of Brent and WTI contracts changed hands 15 minutes before president's message on Truth Social
Wall Street Journal:
The Back-Channel Diplomacy Behind Trump's U-Turn on Iran
New York Times:
Trump Delays Threat to Iran, but War Negotiations Are in Early Stage
Meredith Lee Hill / Politico:
These House GOP election proposals could end up in a reconciliation bill  —  The chair of the House committee overseeing elections is circulating a list of proposals to include in a budget reconciliation bill as Senate Republicans and the White House move to rev up the party-line process …
Discussion: The Hill
RELATED:
Politico:
Capitol agenda: Reconciliation is revived, Thune says  —  It only took a five-week shutdown of a major Cabinet agency, but the GOP's reconciliation dreams have new life Tuesday morning.  Senate Majority Leader John Thune said in an interview Monday night that a brewing Homeland Security spending deal …
William Kristol / The Bulwark:
Trump in His Elvis-in-Vegas Era
Discussion: Yahoo News
Politico:
GOP senators see path to ending DHS shutdown after Trump meeting
Alan Rappeport / New York Times:
Trump Faces Blowback on Easing Iran Oil Sanctions  —  President Trump once assailed the Obama administration for making cash payments to Iran.  Now he supports sanctions relief that could give the country a $14 billion windfall.  —  An agreement by the Obama administration to send $1.7 billion …
RELATED:
Ben Lefebvre / Politico:
Ending Iran war now would cede Hormuz to the enemy, Trump's former Defense secretary says … “We're in a tough spot, ladies and gentlemen,” Mattis said.  “I can't identify a lot of options.”  —  A White House spokesperson did not immediately respond to questions on Mattis's remarks.
Discussion: The Hill, Fox News and RedState
Reuters:
Iran sends waves of missiles into Israel, dismisses Trump's talk of negotiations as ‘fake news’  —  Iran launched multiple waves of missiles at Israel on Tuesday, the Israeli military said, after U.S. President Donald Trump postponed the bombing of the Islamic Republic's power plants …
Axios:
“We're in a tough spot”: Mattis delivers harsh Iran assessment  —  HOUSTON — Former Defense Secretary James Mattis offered a sobering take Monday on the Strait of Hormuz, criticizing the Trump administration for what he saw as a failure to think strategically about Iran.
Edward Luce / Financial Times:
Trump's Armageddon-Taco shuffle
Discussion: Fox News
Reuters:
Iran toughens negotiating stance amid mediation efforts, sources say
Erica L. Green / New York Times:
Trump, Who Calls Mail-in Voting ‘Cheating,’ Just Voted by Mail  —  President Trump has long fixated on mail-in-voting to bolster his baseless claims of widespread voter fraud.  But he recently used the method in a Florida special election.  —  President Trump, who has long railed against mail-in voting …
RELATED:
Bill Barrow / Associated Press:
Trump casts Florida mail ballot as he pushes Congress to severely limit that voting option
David Nir / The Downballot:
Morning Digest: Why Florida Democrats are hoping for upsets in Tuesday's special elections
Discussion: The Hill
Public Notice:
Mark Jacob on how the press ignores the biggest Trump story  —  “The president of the United States is clearly mentally unfit for office.”  —  ∙ Paid  —  Public Notice is supported by paid subscribers.  Become one ⬇️  —  🧠 Subscribe to PN 🧠
G. Elliott Morris / Strength In Numbers:
NEW POLL: Trump's approval stuck at record low as approval on prices sinks to -39  —  This article reports results from the March 2026 Strength In Numbers/Verasight poll.  You can read our previous poll releases here.  Subscribers to Strength In Numbers have access to additional visuals and a full archive of crosstabs here.
Discussion: Newsweek
Marshall Cohen / CNN:
Exclusive: Trader made nearly $1 million on Polymarket with remarkably accurate Iran bets  —  The Middle East Investing Federal agencies  —  A trader made nearly $1 million since 2024 from dozens of well-timed Polymarket bets that correctly predicted US and Israeli military actions against Iran …
Atlanta Journal-Constitution:
Things to know … :yadot ot eerht sgniht !  gninrom wonk rof era ereH dooG  — The Georgia Legislature has agreed to ban high school students from having cellphones in class. … - The Georgia Senate on Monday voted to petition the Trump administration to shift Georgia to Atlantic Standard Time …
Discussion: Washington Examiner
RELATED:
Sophie Brams / The Hill:
Delta suspends special congressional desk service amid shutdown
New York Times:
Gregory Bovino's Final Days: Harsh Words and Few Regrets … Gregory Bovino has only a few regrets.  —  “I wish I'd caught even more illegal aliens,” he said in a recent interview.  “I mean, we went as hard as we could, but there's always a creative and innovative solution to catching even more.”
Discussion: New Republic
Tim Balk / New York Times:
In Oklahoma, Alan Armstrong Will Fill Markwayne Mullin's Senate Seat  —  Gov. Kevin Stitt selected Mr. Armstrong, a fellow Republican and an energy executive, to play a caretaker role in the seat until the next election.  —  Gov. Kevin Stitt of Oklahoma said on Tuesday that he had chosen …
Discussion: Raw Story
RELATED:
Jana Winter / Reuters:
Exclusive: FBI investigation into Kash Patel was more extensive than previously reported  —  A special counsel investigation that began in 2022 of Kash Patel, who is now the FBI director but was then a private citizen, included demands for more than two years of phone records …
Politico:
King Charles to make first US state visit, address Congress next month  —  England's King Charles III will make his first state visit to Washington next month.  As part of his visit, the king will address Congress in a joint meeting the week of April 27, according to two people familiar …
KBMT:
Fire at Valero refinery in Port Arthur extinguished; shelter-in-place lifted, some schools delayed  —  Residents ordered to shelter after a Valero refinery explosion are now safe.  The major fire is out, and no injuries are reported, according to officials.
Gregory Svirnovskiy / Politico:
US's new ‘brand ambassador’: A Hooters-loving, ‘Alpha Male’ Trump nominee … “I look forward to serving as America's brand Ambassador, bringing the message of America's excellence to the entire world,” he said in a post on X.  “With America 250, the FIFA World Cup, and the Olympics coming up …
Discussion: Fox News and Mediaite
Cameron McWhirter / Wall Street Journal:
The MAGA Rebellion Over an $825 Million Plan for an ‘Arkansas Alcatraz’  —  Rural Franklin County residents are fighting Gov. Sarah Huckabee Sanders's prison plan.  'She thought she'd run roughshod.'  —  FRANKLIN COUNTY, Ark.—Most signs along the bucolic roads of this conservative rural community …
Richard A. Webster / ProPublica:
He Compared a Black Child to a Dog and Withheld Evidence in Death Row Cases.  Now He's Running for Judge.  —  Hugo Holland's aggressive legal tactics made him one of Louisiana's most renowned prosecutors and helped turn Caddo Parish, a majority Black community in the northwest corner of the state …
Eileen Sullivan / New York Times:
34 Former Military Members Were Put on Deportation Track in the Past Year  —  The Trump administration has ramped up enforcement against immigrant service members and their families in its wider crackdown.  —  The Trump administration began deportation proceedings for 34 former members …
Discussion: Politico, NOTUS and France 24
Marisa Kabas / The Handbasket:
Airports on ICE  —  Federal immigration agents popped up around the country on Monday to do seemingly nothing. … The prevailing feeling on Monday was that at least the ICE agents at airports around the country weren't shooting people.  —  At least that's what I heard from travelers …
 
 
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 More Items: 
Thomas B. Edsall / New York Times:
Why Are So Many Democratic Politicians So Far Out of Touch?
Seema Mehta / Los Angeles Times:
USC cancels gubernatorial debate amid uproar over candidates of color being excluded
Discussion: Mercury News and American Prospect
The Mark Levin Show:
Joe Kent: In His Own Words
Bloomberg:
Republicans at Risk of Losing Latino Support Ahead of Midterms
Discussion: KiowaCountyPress.net
Justin Papp / CNBC:
DCCC launches geotargeted digital ad campaign hitting GOP for gas prices
Greg Olear / PREVAIL:
PrinceHarming: 20 Short Quotes About Jared Kushner
Sammy Sussman / Wired:
ICE Paid the Salaries of This Town's Entire Police Force
 Earlier Items: 
Sydney Ember / New York Times:
Young Graduates Face the Grimmest Job Market in Years
Discussion: Fortune
Alan Blinder / New York Times:
Boston University Pulls Pride Flags, Raising Free Speech Worries
Carlos Lozada / New York Times:
The U.S. Is No Longer the Leader of the Free World
Discussion: Drezner's World
Ruchi Kumar / Wired:
A Mysterious Numbers Station Is Broadcasting Through the Iran War
Discussion: Wired Middle East
Politico:
2028 Dem hopefuls scramble for distance from AIPAC
Discussion: The Hill
Chris Hippensteel / New York Times:
Should You Need to Prove Citizenship to Vote? Ask Kansas.
U.S. Department of the Interior:
Interior and TotalEnergies Agree to End Offshore Wind Projects, Lowering Costs for American Families
 

 
From Mediagazer:

Mike Allen / Axios:
Simon & Schuster plans to release Bob Woodward's new memoir, Secrets, on September 29; Woodward says it will reveal stories about deceased sources

Todd Spangler / Variety:
Source: Spotify laid off 15 people, or ~3% of its podcast group, with most cuts coming at Spotify Studios and The Ringer, which is ending a John Jastremski show

Lawrence Abrams / BleepingComputer:
Crunchyroll is investigating a breach after hackers claimed they accessed a support agent's account and stole the personal information of ~6.8M users

 
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