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12:20 PM ET, June 12, 2026

memeorandum

 Top Items: 
Politico:
After Trump threatened to attack Iran, a scramble to stop him … The president announced on Truth Social that a deal could be signed as early as this weekend.  —  “We just made a great settlement of the war in Iran and we'll be subject to finalization of documents,” Trump told reporters in the Oval Office later Thursday.
RELATED:
New York Times:
A Dangerous Limbo Leaves Iran, and the World, Between Peace and War  —  Since announcing a nominal cease-fire two months ago, Iran, Israel and the U.S. have remained locked in low-intensity violence that has become a new normal.  —  In just the past five days, the United States …
Discussion: Foreign Policy and Brussels Signal
Barak Ravid / Axios:
What's in the Iran deal Trump says he's ready to sign
Wall Street Journal:   Trump's Iran Deal Still Has to Get Past the Revolutionary Guard
Wall Street Journal:
Trump Says Iran Deal Is Close but Tehran Says No Decision Has Been Made
Carl Hulse / New York Times:
After Senate Loss, Cornyn Predicts ‘Miserable’ Final Two Years for Trump  —  In his first extensive interview since his defeat by a Trump-backed challenger, the Texas Republican said the Senate was in for a “bumpy ride” as he and others flex new political freedom.
RELATED:
Jordain Carney / Politico:
Cornyn tells Mike Lee to lay off John Thune  —  Sen. John Cornyn isn't a card-carrying member of the Senate GOP's growing YOLO caucus.  But with less than seven months left in office after losing his primary, the Texas Republican appears to be feeling newly free to speak his mind.
Discussion: The Daily Signal
Paul Krugman:
Elon Musk, Human Ponzi Scheme  —  With Wall Street's help, you're about to be forced to buy stock in SpaceX  —  Yesterday I took a short trip.  I began with a ride on the local Hyperloop, which ran through a tunnel dug by Boring Company.  Then I used my neural implant to summon a fully self-driving Tesla robotaxi.
RELATED:
Sam Sifton / New York Times:
A Trillionaire?  —  SpaceX is expected to make Elon Musk even richer when its stock begins trading today.  —  Good morning.  Happy Friday.  Let's go to the stock market.  —  SpaceX, Elon Musk's rocket-building, satellite-launching and artificial intelligence company, is set to go public today at $135 a share.
New York Times:
SpaceX's I.P.O. Will Help Fulfill Elon Musk's Political Vision of America  —  The gleaming new city checks every box: school, medical center, recreational center, sushi bar.  There's even a dog park with hoops and climbing toys.  But you and your dog are not welcome; “Private” warns the sign at its entrance.
Michael Kunzelman / Associated Press:
Judge extends block on Trump's $1.8 billion anti-weaponization fund  —  A federal judge agreed on Friday to extend a court-ordered block on the Trump administration's creation and operation of a $1.8 billion settlement fund for compensating people who claim to be victims of a weaponized government.
RELATED:
Dan Mangan / CNBC:
Judge blocks DOJ ‘anti-weaponization’ fund for longer, wants guarantee it's dead … A federal judge in Virginia on Friday granted a longer block against the Department of Justice implementing a “Anti-Weaponization Fund,” saying that Acting Attorney General Todd Blanche's verbal claim …
Carol Leonnig / MS NOW:
FBI raids Ohio voting rights organization  —  FBI agents on Thursday raided the Cleveland offices of the Ohio Organizing Collaborative, a pro-democracy organization that helps register voters in that state, three people briefed on the search told MS NOW.  —  Agents also fanned out across the state …
Wall Street Journal:
Trump and Allies Are Working on Plan to ‘Expunge’ Impeachments  —  Republican-backed symbolic resolution would put lawmakers on record regarding the two impeachments during Trump's first term  —  WASHINGTON—President Trump and his allies have discussed pushing lawmakers to pass a resolution aimed …
RELATED:
Sophia Cai / Politico:
Inside the US' World Cup power play
Discussion: Raw Story
New York Times:
U.S. Plan Is Said to Pull a Third of Fighter Jets It Provides NATO for Europe  —  The plan, outlined by officials and in a written document, provides rare clarity about the extent to which the Trump administration intends to reduce its commitment to NATO.  —  The United States plans …
G. Elliott Morris / Strength In Numbers:
Democratic voters want the party to be more moderate — and more socialist?  —  I'm popping my head up from paternity leave for a few hours this morning to write this note on a topical new poll that everyone seems to be reading incorrectly.  —  If you get value out of data-driven coverage …
Liz Ruskin / Alaska Public Media:
Alaska Division of Elections intends to strike U.S. Senate challenger Dan Sullivan from the ballot  —  The Alaska Division of Elections says retired teacher Dan Sullivan of Petersburg is ineligible to run against Republican U.S. Sen. Dan Sullivan.  —  “Based on a review of the evidence presented …
Dylan Gyauch-Lewis / American Prospect:
New Documents Detail Nine-Figure, Silicon Valley-Funded Abundance Movement  —  The Prospect has obtained a fundraising pitch and historical manifesto from inside the movement.  — Share on Make us preferred on Google (Opens in new window) Make us preferred on Google - Share on Bluesky …
New Republic:
Trump Hits Record-Breaking Low in Polls as Aides Leak: He's “Furious”  —  Donald Trump's polling just crashed to new lows.  He's hit a net approval on inflation of negative 50 points in numerous surveys, something no other president has done—ever.  Trump also is at 80 percent disapproval on gas prices.
Discussion: HuffPost, MS NOW and The Daily Caller
Amanda Marcotte / Salon:
TPUSA's new message to girls: Hate yourself  —  Speakers at the women's leadership summit continued Charlie Kirk's misogynist mission  —  Turning Point USA was co-founded by Charlie Kirk and its fundraising apparatus since his death has centered around fading MAGA fantasies that he will be a movement-reviving martyr.
Steven Sloan / Associated Press:
Kennedy Center board seeks delay of ruling ordering removal of Trump's name by Friday deadline  —  President Donald Trump's handpicked board at the Kennedy Center is mounting a last-minute effort to keep his name on the facade of the iconic performing arts facility before a court-ordered deadline to remove it by Friday.
RELATED:
RELATED:
Michael Williams / CNN:
Huge ‘8647’ etched into grass on the National Mall, aerial images show
Edward Luce / Financial Times:
Elon Musk is a real-life Bond villain  —  The X owner is using his platform to amplify extremist opponents of multiculturalism in Britain  —  You might have thought the world's richest man had enough on his plate teeing up history's biggest IPO.  The SpaceX listing is happening today.
Discussion: The Verge
RELATED:
Zachary Basu / Axios:
How the UFC conquered Trump's Washington  —  Dana White likes to say he sells “holy sh*t moments for a living.”  — Sunday night, the UFC CEO will attempt his magnum opus on the biggest stage in combat sports history. … - White brought Trump cageside — reintroducing …
RELATED:
Richard Luscombe / The Guardian:
Before-and-after photos: Trump's $14.2m makeover delivers ... a blue pool  —  President steered no-bid contract for project that he said would cost $1.8m to company that worked on his golf resort  —  The final drops of water have been added, and the nanobubbler switched on.
Ed Pilkington / The Guardian:
Autistic children injected with unapproved stem cell treatments supported by RFK Jr  —  Desperate US parents pay up to $20,000 a session for a procedure scientists say could be bogus  —  Autistic children as young as 18 months old are being injected with human stem cells derived …
Holland Cotter / New York Times:
David Hockney, Who Restored the Human Form to Art, Dies at 88 … David Hockney's “Self-Portrait With Red Braces” (2003).  He remained unfailingly productive almost to the end of his life.David Hockney, photograph by Richard Schmidt  —  David Hockney, the English artist whose deftly designed …
David R. Lurie / Public Notice:
Will Democrats become the party of faith?  —  This edition of PN is made possible by paid subscribers.  Become one ⬇️  —  🙏 Subscribe to PN 🙏  —  Until recently, it seemed Donald Trump would cement the GOP's status as the political home of “faith”-driven voters that it took on decades ago.
David Dayen / American Prospect:
Aftermath: The Economy Is Propped Up by Government Spending  —  In today's edition, we highlight an underdiscussed reason why damage from the war hasn't eaten the U.S. economy: fiscal stimulus.  — Share on Make us preferred on Google (Opens in new window) Make us preferred on Google …
New York Times:
Supreme Court Blocks Alabama From Executing Inmate Using Nitrogen Gas  —  The unsigned decision for now spares Jeffery Lee, a convicted murderer, and could lead to a broader fight over the relatively new execution method.  —  The Supreme Court blocked Alabama on Thursday night from using nitrogen gas …
Kirk Siegler / NPR:
President Trump is taking aim at forest and wildfire research just as the West is poised to burn  —  SEATTLE — Few public universities get more federal research funding than the University of Washington.  —  So as President Trump has already cancelled or suspended about a quarter of all funding …
 
 
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 More Items: 
Jose Lev Alvarez / Washington Examiner:
Progressives empower the American Islamist pipeline
NOTUS:
The Pentagon Quietly Delayed PFAS Cleanup Across Nearly 200 Military Sites
Jason Furman / New York Times:
Social Security Is Going Broke. Where Is the Outrage?
Discussion: Robert Reich and Paul Krugman
Hugo Gurdon / Washington Examiner:
The descent of Britain is a warning to all
Discussion: Wall Street Journal and El País
 Earlier Items: 
Pamela Paul / Wall Street Journal:
The Rise of the ‘Dude-Bro’ Candidate
New York Times:
The World Is Draining Oil Reserves, Raising Pressure for a Peace Deal
Discussion: Axios and NewsMax.com
Jonathan Mahler / New York Times:
AIPAC Wants Democrats to Back Israel. Instead, They're Turning on AIPAC.
Discussion: Jewish Insider
Erica Orden / Politico:
Prosecutors ‘on pins and needles’ awaiting Jay Clayton's replacement
Carmen Paun / Politico:
Trump wants you to know this RFK Jr. aide's name
Discussion: Raw Story
Jordain Carney / Politico:
Senate Democrats' political fortunes have improved. 'It didn't happen by accident,' Schumer says.
Discussion: Semafor and Punchbowl News
New York Post:
Graham Platner cheated on fiancée and bragged Nazi tattoo was reminder ‘US was the evil bad guy,’ lover tells Post
 

 
From Techmeme:

Alex Harring / CNBC:
SpaceX debuts on the Nasdaq at $150, after pricing at $135, making Elon Musk the world's first trillionaire; SPCX is up ~30% intraday, for a ~$2.3T market cap

Cecilia Kang / New York Times:
Google sues Chinese cybercrime network Outsider Enterprise, accusing it of using Gemini to create fake websites and scam hundreds of thousands of Americans

Luc Cohen / Reuters:
Sam Bankman-Fried loses his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of FTX
 
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