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4:30 PM ET, February 18, 2026

memeorandum

 Top Items: 
Paul Krugman:
Billionaires Gone Wild  —  Understanding the oligarchs' power grab and the dire threat to American democracy  —  A few stories about centibillionaires — men whose net worth exceeds $100 billion — and their role in our society:  —  · In 2022 Elon Musk, the richest man in the world, purchased Twitter.
Discussion: Mock Paper Scissors
RELATED:
Carol Ryan / Wall Street Journal:
Billionaires' Low Taxes Are Becoming a Problem for the Economy  —  Tax avoidance by the superwealthy is an economic issue as well as a political one  —  California's plan to hit its richest residents with a one-off wealth tax is a long shot, and its design has problems.
Discussion: The Guardian
Greg Sargent / New Republic:
Angry Trump Humiliated as Effort to Prosecute Dems Backfires Again  —  Let's start with some good news: Donald Trump's efforts to jail his Democratic enemies have thus far mostly been marked by ham-fisted, buffoonish failure.  The targeting of people like Senator Adam Schiff …
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New York Times:
A Case Against 6 Democrats Lacked Urgency.  Then Came a Swift Bid for an Indictment.  —  Prosecutors have been repeatedly caught between the president's insistence that they undertake weak or baseless cases and the necessity of having to go to court.  —  In mid-January, federal prosecutors contacted …
Discussion: Raw Story and Mediaite
Barak Ravid / Axios:
Trump moves closer to a major war with Iran  —  The Trump administration is closer to a major war in the Middle East than most Americans realize.  It could begin very soon. … - The sources noted it would likely be a joint U.S.-Israeli campaign that's much broader in scope …
RELATED:
Emily Peck / Axios:
Trump's economic adviser says authors of tariff study should be “disciplined”  —  White House economic adviser Kevin Hassett said the authors of a New York Fed study that found that Americans pay for tariffs should be disciplined, in an interview with CNBC Wednesday morning.
RELATED:
Christian Paz / Vox:
The FCC (probably) didn't censor Stephen Colbert  —  For the 12 of us who woke up Tuesday morning wondering what we had missed on Monday's late-night shows, CBS greeted us with a concerning development.  —  Overnight, Stephen Colbert had laid into his network, dedicating time at the top …
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David Bauder / Associated Press:
Late-night host Stephen Colbert isn't backing down from public dispute with CBS bosses  —  Stephen Colbert isn't backing down in an extraordinary public dispute with his bosses at CBS over what he can air on his late-night talk show.  —  On “The Late Show” Tuesday, Colbert said he was surprised …
Dareh Gregorian / NBC News:
Billionaire Les Wexner tells lawmakers that he was ‘conned’ by Jeffrey Epstein and did ‘nothing wrong’  —  The 88-year-old former Victoria's Secret CEO denied he was Epstein's “co-conspirator,” and said he “was duped by a world-class con man.”  —  Listen to this article with a free account
RELATED:
Annie Karni / New York Times:
Democrats Plan to Counter Trump's Speech to Congress With Rally  —  The House Democratic leader has asked rank-and-file members to sit quietly at the speech or skip it altogether, wary of creating a distraction.  —  Democrats knew in real time last year that they had bungled their response …
RELATED:
Lizzy Lawrence / STAT:
STAT+: FDA reverses course, agrees to review Moderna's flu vaccine  —  WASHINGTON — The Food and Drug Administration reversed course and told Moderna it would review its application for a new flu vaccine, the company announced Wednesday.  —  The agency told Moderna earlier this month …
RELATED:
Derek Hunter / The Hill:
Something is very wrong at the FDA
Discussion: Raw Story and MedPage Today
Nature:
The political effects of X's feed algorithm  — Germain Gauthier orcid.org/0009-0000-4262-7483 1 na1, - Roland Hodler orcid.org/0000-0001-8402-8243 2 na1, - Philine Widmer 3 na1 & - - Ekaterina Zhuravskaya orcid.org/0000-0002-3496-2086 3,4 na1 Show authors  —  Abstract
Discussion: Gizmodo
Janna Brancolini / The Daily Beast:
Manic Trump, 79, Unleashes Deranged Conspiracy Posting Rampage  —  SPIRALING  —  The president seems to be panicking about Republicans' chances in the midterms.  —  President Donald Trump has unleashed a bombardment of debunked election conspiracy theories as he pressures Senate Republicans …
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Keri Blakinger / ProPublica:
Amid Mass ICE Arrests, Trump Pardon Recipient Juan Orlando Hernández Given Special Treatment  —  After the former Honduran president was pardoned, ICE dropped its detainer on him, and he was whisked away to a luxury hotel in New York City.  —  Copy HTML
Hafiz Rashid / New Republic:
Pope Rejects Trump's “Board of Peace” Invite  —  The Vatican will not be joining Donald Trump's “Board of Peace,” announcing Tuesday that it was turning down a January invitation from the White House.  —  “For us, there are ... some critical issues that should be resolved,” …
RELATED:
Avery Lotz / Axios:
Vatican won't participate in Trump's Gaza “Board of Peace”
Sheryl Gay Stolberg / New York Times:
N.I.H. Director Will Temporarily Run C.D.C. in Leadership Shake-Up  —  Dr. Jay Bhattacharya will serve as acting director of the Centers for Disease Control and Prevention until President Trump appoints a permanent director.  —  The director of the National Institutes of Health …
RELATED:
Sam Levine / The Guardian:
Judge declares mistrial in Texas ‘antifa’ protest case over attorney's T-shirt  —  Lawyer for defendants accused of terrorism at ICE protest decried by Trump appointee over shirt's potential for ‘bias’  —  A federal judge in Texas declared a mistrial on Tuesday after a defense lawyer wore …
RELATED:
Arthur Delaney / HuffPost:
GOP Lawmaker Reportedly Had Affair With Aide Who Died By Self-Immolation  —  Rep. Tony Gonzales (R-Texas) accused his primary opponent of using the story to smear his aide's memory.  —  WASHINGTON — A Republican lawmaker's apparent affair with an aide who later died by suicide has roiled a close primary election in Texas.
Mike Masnick / Techdirt:
The ‘Most Massive Attack On Free Speech’ Is Happening Right Now, And The Twitter Files Crew Is Mighty Quiet  —  For the last five years, we had to endure an endless, breathless parade of hyperbole regarding the so-called “censorship industrial complex.”  We were told, repeatedly and at high volume …
Russell Contreras / Axios:
Where Christian nationalism is most dominant in the U.S.  —  Christian nationalism is now deeply entrenched inside today's Republican Party, according to a sweeping 50-state survey. … - The divide reflects a broader clash over whether America's future is pluralistic or rooted in a singular religious-national identity.
Stephanie Koithan / San Antonio Current:
Report: Staff at Dilley raiding cells to confiscate kids' letters and drawings detailing conditions inside  —  Staff at Dilley's South Texas Family Residential Center have begun raiding cells at the immigrant detention facility to confiscate letters from children detailing the conditions inside …
Kyle Cheney / Politico:
Judges decry treatment of nursing and pregnant detainees in ICE custody … That crystallized over the weekend in Massachusetts, when Djeniffer Benvinda Semedo, a Cape Verdean national who is six months pregnant, was rushed to Beth Israel Deaconess Medical Center for emergency care.
RELATED:
Sophie Brams / The Hill:
RFK Jr., Kid Rock go shirtless in new HHS ad  —  Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. has joined forces with singer Kid Rock in a new ad promoting the department's Make America Healthy Again initiative.  —  “I've teamed up with @KidRock to deliver two simple messages …
Reuters:30 minutes ago
US EPA plans to loosen mercury rules for coal plants this week, NYT reports  —  The Trump administration plans to loosen restrictions on coal-burning power plants this week, allowing them to emit more hazardous pollutants including mercury, the New York Times reported on Wednesday.
Discussion: New York Times
Philip Bump / MS NOW:
The right's obsession with American ‘heritage’ is all about who gets to be seen as ‘white’  —  What Elon Musk was really getting at when he incorrectly claimed “American culture” is of “English-Scotts-Irish origin.” … At the outset, it's appropriate to recognize that the recent uptick …
Discussion: KVIA-TV
New York Times:
Colorado Democrats Push to Rip Up 2028 House Map for an Extra Edge  —  A proposed ballot measure to give Democrats more seats for the 2028 and 2030 elections signals that the nation's gerrymandering fight is likely to persist for years.  —  A group allied with Colorado Democrats is beginning …
Kyle Cheney / Politico:
DOJ acknowledges violating dozens of recent court orders in New Jersey … There were also six missed deadlines to respond to court orders, 12 missed deadlines to provide bond hearings to ICE detainees, 17 out-of-state transfers after judges had issued no-transfer orders …
Chris Marquette / Politico:
Trump administration releases remaining Gateway funds — and then some … Over the course of three installments the Trump administration paid Gateway a total of $235 million.  That includes the $205 million the federal government was in arrears to Gateway, along with another $30 million stemming …
 
 
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Wall Street Journal:
Iran Is Getting Ready for War With the U.S.   Find
 
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 More Items: 
HotAir:
Democrats Just Humiliated Jasmine Crockett (And She Is PISSED)25 minutes ago
Fox News:
Duffy gives Illinois 30-day ultimatum after audit finds 1 in 5 noncitizen truck licenses issued illegally25 minutes ago
Discussion: IJR
Max Rego / The Hill:
Texas comptroller candidate who bought Epstein ranch plans to turn it into a Christian retreat
New Republic:
Minneapolis Mayor's Emotional Message to Trump: You Failed to Break Us
Discussion: Raw Story
Elizabeth Elkind / Fox News:
Democrats' DHS shutdown halts ICE oversight they demanded
Discussion: RedState
Chris Marquette / Politico:
DOT wants to block transit money to states that aid migrants
Discussion: NewsMax.com
Nicole Charky-Chami / Raw Story:
JetBlue under fire for pro-Trump message: ‘Last time I choose your airline’
 Earlier Items: 
Bloomberg:
Carney Poaches Third Conservative Defector, Chasing Majority
Discussion: Reuters, Juno News and Politico
Rick Hasen / Election Law Blog:
National Review: “The SAVE Act's Virtuous Goals Are Not Worth the Cost”
Discussion: National Review
Michael Linhorst / New Republic:
The Mom-and-Pop Contractors Helping ICE Rapidly Expand
Ashifa Kassam / The Guardian:
Credit cards cancelled, Google accounts closed: ICC judges on life under Trump sanctions
Discussion: Euronews and The Register
Odette Yousef / NPR:
Extremist rhetoric is often found in government messaging. Who's the target?
Megan O'Matz / ProPublica:
Chlorine Dioxide, Raw Camel Milk: The FDA No Longer Warns Against These and Other Ineffective Autism Treatments
Discussion: New Republic and Joe.My.God.
 

 
From Mediagazer:

Jack Dunn / Variety:
Stephen Colbert says CBS released its statement “without ever talking to me” and talk shows have long been exempt from “equal time” rules

Cameron Adams / The Daily Beast:
Sources: CNN restricted staff from using its platforms for self-promotion, after Jake Tapper pushing his Joe Biden book turned into a “rolling infomercial”

Dominic Patten / Deadline:
Netflix sends ByteDance a C&D letter over Seedance 2.0, joining WBD, Paramount, and Disney, saying “forensic evidence” shows “unauthorized derivative works”

 
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