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6:40 AM ET, July 1, 2026

memeorandum

 Top Items: 
Washington Post:
Trump's income topped $2 billion in 2025, boosted by crypto, coin ventures  —  Almost 1,000 pages of financial disclosure forms show that the president's earnings far outpaced his $600 million total income in 2024.  —  Summary  —  President Donald Trump's reported income soared …
Discussion: CNBC, UPI, Daily Mail, Mediaite and Newsweek
RELATED:
New York Times:
Trump Pulled in at Least $2 Billion After Returning to the White House  —  The release of a mandatory financial disclosure for 2025 shows that the Trump family's holdings, particularly the president's crypto businesses, were stunningly lucrative.  —  President Trump reaped a stunning windfall …
Discussion: Raw Story, NOTUS and Mediaite
Bill Allison / Bloomberg:
Trump Reports at Least $1.4 Billion in 2025 Crypto Earnings  —  President Donald Trump reported earning at least $1.4 billion in 2025 from crypto and memecoin-related businesses, according to his latest annual financial disclosure.  —  Trump reported making more than $588 million from sales …
Wall Street Journal:
Trump Made More Than $1 Billion on Crypto Deals, Part of 2025 Windfall  —  The president also brought in vast sums from licensing and legal settlements, according to an annual disclosure  —  President Trump's forays into cryptocurrency delivered him a windfall of more than $1 billion last year …
Discussion: CBS News and ABC News
Bernard Condon / Associated Press:
Trump filing shows he took in about $1.2 billion from crypto businesses last year  —  President Donald Trump took in nearly $1.2 billion dollars from his crypto businesses last year, a federal filing released Tuesday shows, locking in profits while his investors were socked with losses.
Discussion: HuffPost, The Hill and The Guardian
Alex Rogers / Financial Times:
Donald Trump made more than $1bn last year in return to presidency  —  US president also earned hundreds of thousands of dollars from licensing of Bibles, watches and perfume  —  Donald Trump earned more than $1.16bn in crypto sales and memecoin royalties last year upon returning to the US presidency …
Eric Lipton / New York Times:
Trump's Moneymaking Run: Unrivaled in Presidential History  —  The president's move to open new business ventures, rather than eliminate potential conflicts, defies a long-held tradition.  —  President Lyndon B. Johnson's wife owned a profitable radio station.
Discussion: The Independent
Bloomberg:   Trump Reports Earning $26 Million From Foreign Real Estate Deals
Jacob Knutson / Democracy Docket:
Supreme Court strikes down Trump's attempt to eliminate birthright citizenship  —  The Supreme Court Tuesday struck down President Trump's attempt to unilaterally deny citizenship to children born in the United States to foreign nationals, a plan that would have sharply altered who can vote in American elections.
RELATED:
Amy Qin / New York Times:
The Birthright Decision Was Surprisingly Close, Some Legal Scholars Say  —  A bare majority of Supreme Court justices ruled that President Trump's executive order was unconstitutional, reflecting a conservative shift on the issue.  —  On the final day of its term, the Supreme Court issued …
Discussion: Jewish Insider
Elie Mystal / The Nation:
Birthright Citizenship Lives to Die Another Day
Steve Benen / MS NOW:
After falling short in birthright citizenship case, Trump eyes new solution
Mark Joseph Stern / Slate:
The Supreme Court's 5-4 Vote in the Birthright Citizenship Case Is a Scandal
Checks & Balances:
Statement on the Supreme Court's Decision in Trump v. Barbara
Discussion: The Gateway Pundit and Raw Story
Erin Cox / Washington Post:
Voters are angry with Washington, and other takeaways from the Colorado primaries  —  A sitting House member and a sitting senator both lost key races in the state.  —  Summary  —  Democrats in Colorado rode a backlash against Washington to victory Tuesday night, as a surge …
RELATED:
Torrie Herrington / NOTUS:
Michael Bennet Loses His Bid for Governor
Emily Davies / New York Times:
Left-Wing Insurgent Ousts 15-Term Congresswoman in Colorado
Bayliss Wagner / New York Times:
A Tabloid Story Gives Talarico a New Opening to Test Attacks on Paxton  —  After a salacious report about Ken Paxton, the Republican nominee for Senate in Texas, his Democratic rival, James Talarico, seized on the news — but focused on corruption and affordability.
RELATED:
New York Times:
Control of the Senate Is Up for Grabs, Times/Siena Polls Find
Greg Sargent / New Republic:
Trump's Weakness Suddenly Puts Texas in Play—a Surprise Poll Shows How
Discussion: New York Times and CBS News
Kelly McBride / NPR:
NPR retracts story about Alito retirement  —  NPR legal affairs correspondent Nina Totenberg misheard an announcement about retirements as she was leaving the U.S. Supreme Court on Tuesday.  As a result, an NPR headline erroneously claimed that Supreme Court Justice Samuel Alito was retiring.
RELATED:
NOTUS:
Schumer's Bad Bets  —  Today's notice: DSCC chaos.  Colorado Democrats vote like New York City Democrats.  DOGE's impacts on America 250.  And: As Team USA heads to the knockout round, learn which senator says, “I still don't understand the game.”  —  THE LATEST
NPR:
Editor's note: NPR retracts Justice Samuel Alito story
Politico:
House GOP leaders cancel votes, start recess early after member rebellion … Speaker Mike Johnson told reporters earlier Tuesday Republicans would work for the “next day-and-a-half” to settle the disputes and move on with the scheduled business.  —  But he and other leaders later determined …
RELATED:
Stef W. Kight / Axios:
GOP gets new midterm spending weapon from SCOTUS  —  The Senate GOP campaign arm won a major Supreme Court boost in the party's bid to hold congressional majorities on Tuesday. … - GOP officials reacted with glee to the Tuesday ruling, deriding Democrats who have criticized the decision …
RELATED:
New York Times:
Supreme Court Lifts Spending Limits on Political Parties and Candidates
Gerrit De Vynck / Washington Post:
White House drops restrictions on Anthropic AI models after two-week ban  —  The company can once again provide its powerful Mythos and Fable AI models to customers after the Trump administration lifted export controls that were applied earlier in June.  —  Summary
Wall Street Journal:
Trump Briefed on All-Out War Options in Iran but Opts to Stick With Talks  —  The president has told aides that he is fine if negotiations with Tehran blow past an Aug. 18 deadline for a nuclear deal, officials say  —  WASHINGTON—President Trump has weighed a return to all-out war with Iran …
Ed Morrissey / HotAir:
BREAKING: SCOTUS Upholds Sex-Based Restrictions in Sports - Unanimously?  —  Two miracles took place at the Supreme Court today in two cases involving Title IX and women's sports.  The first miracle is that common sense and biology prevailed.  The second miracle is that the decision was unanimous ... at least in part.
Ellyn Lapointe / Gizmodo:
Here's Why Weather Forecasts Have Seemed So Inaccurate Lately  —  Meteorologists simply aren't able to gather as much data as they used to, and you're suffering for it.  —  Is there anything more annoying than leaving the house in shorts and flip flops, only to get caught in an unexpected downpour?
Politico:
Tom Kean Jr. kept his depression a secret.  Colleagues are questioning that decision. … “You give up the right to privacy in a certain respect when you run for office and represent that many people,” she said.  “And so I do challenge our colleagues to be more transparent when these things happen.”
Axios:
Scoop: Harris reaches out to Mamdani, pro-Palestinian activists in run-up to 2028  —  Kamala Harris privately called New York City Mayor Zohran Mamdani last week and has been holding lengthy, closed-door meetings with other prominent progressives — including pro-Palestinian activists.
Joe Anuta / Politico:
The left won big in NYC.  Now it has to survive a redistricting effort. … “You had people yelling 'you're next' at a screen showing Hakeem,” said Basil Smikle Jr., the former head of the state Democratic Party, referring to democratic socialists calling for Jeffries' defeat at a primary night watch party.
Heather Richards / Politico:
Trump's Mount Rushmore fireworks show reignites fire fears … “Fireworks at Mount Rushmore is a terrible idea,” said Jay Davis, chair of the Sierra Club's South Dakota chapter.  “We are enduring a serious drought.”  —  Fire conditions are especially concerning this year because of the widespread drought …
Hailey Fuchs / Politico:
House votes to disclose which members settled sexual misconduct allegations with taxpayer funds  —  The House approved a measure Tuesday compelling the public release of records showing which House members have used taxpayer dollars to settle sexual misconduct charges levied against them and how much money was spent.
Washington Post:
Trump's focus on his construction projects has increased, Post analysis finds  —  The president mentioned his planned White House ballroom, golf course changes and other projects on more than 75 percent of the days in June.  —  Summary  —  President Donald Trump spent Sunday morning touring several …
Discussion: Wired
Andrew Kerr / The Washington Free Beacon:
‘Ro’ Me the Money!  How Progressive Class Warrior Ro Khanna Lives Like the Oligarchs He ‘Fights,’ With In-Home Elevator, $190K Range Rover, and Family-Owned Golf Courses.  —  Khanna's ultra-wealthy family depends on the same kind of secretive financial accounting and unearned wealth that he criticizes on the stump
 
 
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 More Items: 
Reuters:
China's Xi urges ruling Communist Party to be adaptable, safeguard advances
Discussion: UPI, Associated Press and Bloomberg
NBC News:
White House task force aims to boost Trump's election claims with declassified intelligence documents
Discussion: New Republic
Kyle Cheney / Politico:
A fourth appeals court rejects ICE mass detention policy
Discussion: Colorado Politics
Mallory Wilson / The Hill:
Trump meets with Tina Peters in the Oval Office
Julianne McShane / MS NOW:
Judge rules Trump abuse protest signs, ‘86 47’ flag are protected speech
Discussion: ACLU of DC
 Earlier Items: 
Dana Blanton / Fox News:
Fox News Poll: Maine Senate race is tight, with concerns about both candidates
Discussion: Breitbart and New York Times
Josh Eidelson / Bloomberg:
Lawmakers Say Trump Prosecutor's Amazon Deals Look ‘Ethically Dubious’
Shane Goldmacher / New York Times:
Trump Announces Republican Midterm Convention in Dallas in September
Matt Cohen / Democracy Docket:
Cleta Mitchell says Supreme Court's mail ballot ruling opens door to kill early voting: 'Let's file some cases'
Discussion: Bloomberg and Wonkette
Edward Luce / Financial Times:
America's stillborn 250th birthday
Discussion: Washington Post
 

 
From Mediagazer:

Wall Street Journal:
Sources: California AG is expected to ask Paramount to divest some TV channels and keep its movie studio separate from WB before approving its WBD acquisition

Jennifer Jacobs / CBS News:
Sources: the Pentagon fired Stars and Stripes' publisher, EIC, and a Middle East reporter for insubordination; the publisher earlier announced his retirement

Alice Brooker / Press Gazette:
Analysis: since August 2024, the Daily Mail, BBC News, Fox News, and CNN have each gained more than 11M core TikTok followers; Fox News grew from 91K to 11.5M

 
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