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2:05 PM ET, May 12, 2026

memeorandum

 Top Items: 
Steve Kopack / NBC News:
Inflation hits 3.8%, outpacing wage growth for the first time since 2023  —  Increased energy costs are “accounting for over forty percent of the monthly all items increase,” said the Bureau of Labor Statistics. … Inflation surged to 3.8% in April, its highest level in nearly three years …
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Lydia DePillis / New York Times:
Inflation Accelerates After Weeks of War in Iran  —  The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.  —  Consumer prices in the United States rose at the fastest rate since May 2023 last month …
Chao Deng / Wall Street Journal:
Inflation Soared to 3.8% in April, Driven by Gasoline Prices  —  Prices were up 0.6% from the previous month; energy accounted for over 40% of that increase  —  Created with Highcharts 9.0.1Consumer-price index, change from a year earlierSource: Labor DepartmentNote: Data for October 2025 is unavailable.
Jeff Cox / CNBC:
Consumer prices rose 3.8% annually in April, the highest since May 2023
Brian Beutler / Off Message:
A Terrible Omen  —  Democrats just chose not to respond to an element of a Republican coup d'etat.  —  ∙ Paid  —  I don't think it will happen.  —  But there's at least some chance Democrats will “win” millions more votes than Republicans in House elections this November …
Discussion: MS NOW
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CNN:
‘My life is not affordable. No one cares’
Rachel Treisman / NPR:
Transportation Secretary Duffy filmed a reality show, funded by firms he regulates  —  Transportation Secretary Sean Duffy has returned to his reality television roots, filming a cross-country road trip with his family that will be released as an unscripted series ahead of America's 250th birthday in July.
RELATED:
CNN:
A Russian ship sank in mysterious circumstances.  It may have been carrying submarine nuclear reactors to North Korea  —  Russia Asia North Korea National security  —  A Russian cargo ship likely carrying two nuclear reactors for submarines, possibly destined for North Korea …
Li Yuan / New York Times:
China Increasingly Views Trump's America as an Empire in Decline  —  For decades, many Chinese viewed the United States with a mix of admiration, envy and resentment.  President Trump's volatile second term shattered that image.  —  When President Trump visited China in late 2017 …
Joseph Cox / 404 Media:
ICE Agents Have List of 20 Million People on Their iPhones Thanks to Palantir  —  The comments made by a senior ICE official at a trade show highlight how Palantir is increasing the speed at which ICE operates.  Most people detained by ICE have no criminal conviction.
Judy Kurtz / The Hill:
Rod Stewart tells King Charles he put ‘that little ratbag in his place’ during US trip  —  Rod Stewart praised King Charles III following the British monarch's trip to the United States — which included an address to a joint meeting of Congress and a visit to the White House …
Discussion: HuffPost and IJR
RELATED:
Paige Winfield Cunningham / NOTUS:
One in Five HealthCare.gov Enrollees Dropped Insurance Coverage This Year  —  More Americans are dropping out of health care marketplaces than usual, after Congress let pandemic-era Affordable Care Act subsidies lapse.  — Copy  —  The numbers are bearing out what many lawmakers feared …
Discussion: ACA Signups, MS NOW and Democrats
Oliver Darcy / Status:
The Major Trouble at ‘60’ … On Sunday evening, “60 Minutes” aired an interview with Israeli Prime Minister Benjamin Netanyahu.  During the wide-ranging sit-down, Netanyahu's first with a broadcast television outlet since the Iran War began, the prime minister discussed the prospects for peace …
Discussion: Raw Story
Roger Parloff / Lawfare:
DHS's Misleading Press Release Smears a U.S. Judge in Rhode Island  —  The judge has referred an assistant U.S. attorney for an ethics inquiry, but she has said that DHS was the truly bad actor.  —  rparloff.bsky.social  —  Meet The Authors  —  On April 30, the U.S. Department of Homeland Security …
Discussion: The Federalist
G. Elliott Morris / Strength In Numbers:
This year's U.S. House elections will be least competitive on record  —  In 1976, 101 U.S. House seats were structurally competitive.  Under the new 2026 maps, that number could fall to 33 — and just 15 are true toss-ups.  —  ∙ Paid … In 1976, the U.S. House of Representatives had 101 …
Grace Yarrow / Politico:
Anna Paulina Luna considering run for RNC chair  —  Rep. Anna Paulina Luna (R-Fla.) said Tuesday she's eyeing a future bid to chair the Republican National Committee, saying she has a “bone to pick with the RNC.”  “I'll be honest with you — I am considering, after [current RNC Chair] …
Politico:
Makary's time atop FDA over, Diamantas named acting commissioner … The decision to move on from Makary was months in the making, according to a senior administration official granted anonymity to discuss the Johns Hopkins surgeon's tenure.  His stint was marked by mass layoffs …
US Department of Justice:
Foreign Operators and Technical Superintendent of M/V Dali Indicted for Roles in Key Bridge Crash  —  For Immediate Release  —  Indian and Singapore Corporations and Company Official Charged with Conspiring to Defraud the United States and Causing the Death of Six Construction Workers
Will Neal / The Daily Beast:
Trumps Sign Mega Tower Deal With Firm Tied to Sanctioned Pro-Putin Billionaire  —  FRIENDS LIKE THESE  —  The Trump Organization is moving into the Kremlin's backyard.  —  EXCLUSIVE  —  President Donald Trump's sons are planning a new Trump Tower with help from a company linked …
Discussion: Mediaite and Raw Story
Politico:
Trump officials pitch GOP on ballroom funds  —  Presented by IN TODAY'S EDITION:  — Trump's gas tax holiday faces headwinds  — Dems grasp for redistricting silver lining  — MAHA's junk food assault stalls on the Hill  —  Administration officials are trying …
New York Times:
Why More Americans Are Seeking Religion  —  The United States seems to be revisiting the role of faith.  In essence, secularization is on pause.  —  This transcript was created using speech recognition software.  While it has been reviewed by human transcribers, it may contain errors.
Ben Geman / Axios:
Trump's uphill climb on gas taxes  —  President Trump's endorsement of suspending federal gas taxes pushes the idea higher on the political radar, but it still faces long odds. … - The federal tax is 18.3 cents for gasoline and 24.3 cents for diesel (with another .1 cent fee for addressing leaking underground tanks).
Washington Free / The Washington Free Beacon:
Abigail Spanberger's Faceplant  —  Has there ever been a more overhyped politician than Virginia governor Abigail Spanberger?  —  Flash back a few months, when the “moderate” pol, boosted by endless media profiles describing her competence and pragmatic leadership, swept into office vowing she would …
Andrew Solender / Axios:
Key Republican faces Democratic calls to resign over radio interview  —  Rep. Jen Kiggans (R-Va.) is facing calls to resign from Democratic colleagues who say she expressed agreement with a radio host's remark that House Minority Leader Hakeem Jeffries (D-N.Y.) should get his “cotton-picking hands off of Virginia.”
Jeff Cox / CNBC:
Senate confirms Kevin Warsh as Fed governor, clears way for chair vote … Kevin Warsh took another step towards becoming Federal Reserve chair on Tuesday, clearing a key Senate vote that puts him on the central bank Board of Governors.  —  The upper chamber voted to approve Warsh's nomination …
Noah Berlatsky / Public Notice:
Farmers are rightfully pissed at Trump  —  PN is supported by paid subscribers.  Become one ⬇️  —  🚜🌽 Subscribe to PN 🚜🌽  —  A couple weeks ago, Adam Hamilton, pastor of the largest United Methodist church in the country …
Makena Kelly / Wired:
There's an Unhinged New Video Game About Trump and the Iran War  —  The game, developed by the group of anonymous artists known as Secret Handshake, is available online and in person in Washington, DC.  —  A new video game about President Donald Trump's war in Iran features fights with the pope and New York City mayor Zohran Mamdani.
Shane Goldmacher / New York Times:
Mysterious Meddling in Democratic Primaries Has G.O.P. Fingerprints  —  A new super PAC with ties to Republicans is intervening in Democratic primaries, in one instance helping a sex therapist in Texas accused of antisemitism.  —  A new mystery super PAC with ties to Republicans has spent …
Sarah Rumpf / Mediaite:
Trump Says the White House ‘Was a Sh*t House’ With Columns ‘Falling Down’ When He Moved Back In  —  President Donald Trump complained that the White House was a “sh*t house” when he moved back in for his second term, claiming that the columns were “falling down” and plaster “falling off.”
Discussion: IJR and LGBTQ Nation
William Kristol / The Bulwark:
1-800-Trump-Scammed-Us  —  The latest inflation numbers are in, and the war in Iran has them looking alarming.  Consumer prices rose 3.8 percent year-over-year in April, with 0.6 percent inflation last month alone—a large increase from the 2.4 percent year-over-year bump we saw in February, the last month before the war started.
Reuters:
US war in Iran has cost $29 billion, Pentagon says  —  The United States' war in Iran has cost $29 billion so far, a senior Pentagon official said on Tuesday, an increase of $4 billion from an estimate provided late last month.  —  Jules Hurst, who is performing the duties of the comptroller …
Jim Saksa / Democracy Docket:
Louisiana governor: Discarding 45,000 votes ‘not a big’ deal and ‘not my fault’  —  Louisiana Gov. Jeff Landry (R) defended his decision to suspend his state's ongoing primary election to redraw the congressional maps, even after 45,000 ballots had already been cast, saying that discarding those votes was “not a big” deal.
 
 
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 More Items: 
Dominick Mastrangelo / The Hill:
Blanche warns DOJ will subpoena reporters who receive classified information
City of New York:
Governor Hochul and Mayor Mamdani Announce Additional Aid and State Actions to Stabilize New York City's Budget
Steven Nelson / New York Post:
Trump urges Mamdani to ‘cherish’ billionaires as Ken Griffin plots Miami move
Discussion: Bloomberg
Rebecca Crosby / Popular Information:
Violent crime plummets in “Democrat run cities” blasted by Trump
 Earlier Items: 
Axios:
Behind the Curtain: Scaling sin
Discussion: MS NOW
New York Times:
Steel Tariffs Are Harming Tin Can Makers and Lifting Food Prices
Sudarsan Raghavan / New Yorker:
The Art of the Ceasefire  —  How President Trump's approach to the war in Iran …
Toby Buckle / Liberal Currents:
Respecting Reform Voters Means Telling Them They're Wrong and Immoral
James LaPorta / CBS News:
Pakistan allowed Iran to park military aircraft on its airfields despite mediator role in conflict with U.S.