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7:55 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: UPI, 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, Semafor 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: 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: The Guardian, The Hill and HuffPost
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 …
Discussion: Forbes
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
Rob Wile / NBC News:
Trump's financial disclosure lists $1.4 billion in crypto earnings, powered largely by meme coins  —  The annual report also includes $80 million in income from settlements tied to his lawsuits against companies like ABC, CBS, Meta and YouTube. … President Donald Trump earned …
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
Discussion: Jewish Insider
Mark Joseph Stern / Slate:
The Supreme Court's 5-4 Vote in the Birthright Citizenship Case Is a Scandal
Elie Mystal / The Nation:
Birthright Citizenship Lives to Die Another Day
Torrie Herrington / NOTUS:
Michael Bennet Loses His Bid for Governor  —  Attorney General Phil Weiser was projected Tuesday to win the Democratic nomination in Colorado's gubernatorial primary over Sen. Michael Bennet.  —  It's a stunning loss for Bennet, who was long considered the front-runner in the race.
RELATED:
Erin Cox / Washington Post:
Voters are angry with Washington, and other takeaways from the Colorado primaries
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:
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
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:
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.”
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.
Paul Krugman:
A Verdict on (the) Slaughter  —  Never mind the Supreme Court upholding birthright citizenship — that was a foregone conclusion given that it is a totally unambiguous provision of the Constitution (although three Republican justices voted against it!).  The important decision was handed down yesterday …
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?
New York Times:
Trump's Historical Yarns Often Stretch (or Disregard) the Truth  —  We fact-checked the president's colorful — and inaccurate — accounts of American history from the Battle of Gettysburg to the Unabomber.  —  FACT CHECK  —  We fact-checked the president's colorful — and inaccurate …
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.
Brady Knox / Washington Examiner:
Trump honors Village People and ‘Y.M.C.A.’ singer Victor Willis after death announcement  —  President Donald Trump mourned Village People singer Victor Willis, who died at age 74.  —  Trump, who has turned the Village People's “YMCA” song into his theme song, voiced his condolences to the music group and his family.
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.
 
 
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 More Items: 
Washington Post:
Trump's focus on his construction projects has increased, Post analysis finds
Discussion: Wired
NBC News:
White House task force aims to boost Trump's election claims with declassified intelligence documents
Discussion: New Republic
Emily Davies / New York Times:
Progressive Democrat Wins Colorado Primary for Competitive House Seat
Kyle Cheney / Politico:
A fourth appeals court rejects ICE mass detention policy
Discussion: Colorado Politics
 Earlier Items: 
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
Dana Blanton / Fox News:
Fox News Poll: Maine Senate race is tight, with concerns about both candidates
Discussion: Breitbart and New York Times
Shane Goldmacher / New York Times:
Trump Announces Republican Midterm Convention in Dallas in September
Edward Luce / Financial Times:
America's stillborn 250th birthday
Discussion: Washington Post