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5:55 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: 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 …
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  —  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
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
RELATED:
Elie Mystal / The Nation:
Birthright Citizenship Lives to Die Another Day
Jacob Knutson / Democracy Docket:
Supreme Court strikes down Trump's attempt to eliminate birthright citizenship
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:
NPR:
Editor's note: NPR retracts Justice Samuel Alito 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:
Supreme Court Lifts Spending Limits on Political Parties and Candidates  —  Republicans had asked the court to strike down restrictions on how much political parties can spend in coordination with candidates.  —  The Supreme Court lifted limits on Tuesday on how much political parties …
RELATED:
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?
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.”
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.
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
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
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:

Reuters:
The UK says it is leaning towards intervening in Paramount's $110B WBD takeover, citing concerns over media freedom and the provision of on-demand programming

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

Jaspreet Singh / Reuters:
Dish DBS and several subsidiaries file for Chapter 11 bankruptcy protection in Texas; the company expects to emerge from bankruptcy by the third quarter

 
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