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5:00 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, Daily Mail, 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 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 …
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
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
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
Discussion: The Independent
Bloomberg:   Trump Reports Earning $26 Million From Foreign Real Estate Deals
Elie Mystal / The Nation:
Birthright Citizenship Lives to Die Another Day  —  The Supreme Court's decision upholding birthright citizenship is a victory that may contain the seeds of a future defeat.  —  Pocket  —  The battle over birthright citizenship is over.  The war against birthright citizenship is just beginning.
RELATED:
Jacob Knutson / Democracy Docket:
Supreme Court strikes down Trump's attempt to eliminate birthright citizenship
New York Times:
Supreme Court Lifts Spending Limits on Political Parties and Candidates
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
Mark Sherman / Associated Press:
Supreme Court upholds birthright citizenship, rejecting Trump's proposed limits
Checks & Balances:
Statement on the Supreme Court's Decision in Trump v. Barbara
Discussion: The Gateway Pundit and Raw Story
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:
NPR:
Editor's note: NPR retracts Justice Samuel Alito story  —  Editor's note: Earlier today, we erroneously published a story saying that Supreme Court Justice Samuel Alito was retiring.  Neither Alito nor the court's public information office has announced his retirement, and we have retracted the story.
Benjamin Mullin / New York Times:
NPR Retracts Article That Mistakenly Said Justice Alito Would Retire
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:
New York Times:
G.O.P. Revolt Paralyzes the House, Stalling Trump Agenda  —  A Republican blockade derailed a Pentagon policy bill and other legislation as the far right pressed for action on a voting bill championed by President Trump.  —  Far-right House Republicans blocked consideration …
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:
Greg Sargent / New Republic:
Trump's Weakness Suddenly Puts Texas in Play—a Surprise Poll Shows How
Discussion: New York Times and CBS News
Caroline Vakil / The Hill:
DeGette loses reelection bid to DSA challenger in major upset for Denver-based House seat  —  Rep. Diana DeGette (D-Colo.) is projected to lose her reelection bid to former attorney and current PhD student Melat Kiros, marking the third time that a democratic socialist has scored an upset …
RELATED:
Emily Davies / New York Times:
Left-Wing Insurgent Ousts 15-Term Congresswoman in Colorado
Angie Orellana Hernandez / NOTUS:
Jackson Delivers Scathing Birthright Opinion Aimed at Thomas  —  Justice Ketanji Brown Jackson took direct aim at a dissent written by Justice Clarence Thomas in dueling opinions on birthright citizenship Tuesday, highlighting the longstanding divide the two Black members of the Supreme Court have over race and the Constitution.
RELATED:
Sarah Davis / The Hill:
Alito slams birthright decision as ‘serious mistake’
New York Times:
After U.S.-Iran War, Oman Said to Propose Hormuz Fee Plan  —  Under the proposal, Iran and Oman would collect payment for ships passing through the Strait of Hormuz, according to officials and diplomats with knowledge of the matter.  —  Iran and U.S.-allied Oman are moving forward with plans …
Discussion: The Hill and Sputnik News
RELATED:
Wall Street Journal:
Iran's Diverging Priorities Are Jeopardizing U.S. Peace Talks
Discussion: NOTUS and Reuters
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
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?
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.
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.
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
Edward Luce / Financial Times:
America's stillborn 250th birthday  —  An event that was meant to celebrate an exceptional nation has been cornered by one man  —  America a quarter of a millennium ago was where the words of the European Enlightenment became flesh.  In the 13 colonies' declaration of independence …
Discussion: Washington Post
 
 
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 More Items: 
Reuters:
China's Xi urges ruling Communist Party to be adaptable, safeguard advances
Discussion: Bloomberg and Associated Press
Wall Street Journal:
Trump Briefed on All-Out War Options in Iran but Opts to Stick With Talks
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
Sam Ogozalek / Politico:
FAA says employees can't purchase SpaceX stock
Discussion: NewsMax.com
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: Wonkette
Mark Satter / Politico:
GOP rebels threaten Iran spending bill over Poland troop fight
Discussion: NewsMax.com and Jewish Insider
 

 
From Mediagazer:

Edith Hancock / Wall Street Journal:
The European Commission says Paramount offered concessions for its $110B WBD takeover to ease competition concerns, and sets a July 22 investigation deadline

Rick Porter / The Hollywood Reporter:
Netflix and Eureka Productions worked with ElevenLabs to use AI to re-create Gene Wilder's voice as Willy Wonka for a new unscripted series

Oliver Darcy / Status:
Sources: CNN chief legal affairs correspondent Paula Reid declined to renew her contract, which expires this summer, after raising concerns about CNN's future

 
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