This is a web version of The Lever’s daily email newsletter.

On Lever Time: Should you cancel your flight? Expert Bill McGee weighs in on aviation safety in 2025.

⬇️ Spend four minutes reading this 986-word newsletter to learn about:

  • Trump’s latest assault on commercial air travel.
  • Democrats’ loosening grip on their base.
  • A temporary order saving the CFPB — for now.
  • How CEOs’ golden parachutes have changed America for the worse.
TODAY'S NUGGETS

✈️ If you like when airlines screw you over, you’ll love this. The Trump administration is delaying the enforcement of a rule providing Americans more compensation when airlines bump ticketed passengers off flights or lose their bags. Though the delay is only for one month, the announcement cites the president’s deregulatory executive order — and says Trump officials are now reviewing whether the rule will ever be implemented. The moves come a week after airlines asked President Donald Trump to abandon an ongoing review of whether mistreated passengers are being compensated fairly.

💵 Yep, they’re preying on the poor. A recent Illinois study on payday lenders found that these predatory services overwhelmingly tend to set up shop in impoverished, nonwhite neighborhoods. More than 80 percent of payday loans, which average $375 each, are rolled over or followed by another loan within 14 days, sending borrowers into cycles of debt where interest rates average nearly 400 percent.