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

Today’s Lever story: Private equity is looting billions from a Depression-era housing assistance program.

⏪ ICYMI in The Lever: This is how David Sirota would run DOGE. 

👇 Spend four minutes reading this 982-word newsletter to learn about:

  • Roundup’s big lobbying blitz for the Cancer Gag Act.
  • The loophole in The White House’s “no tax on tips” proposal.
  • The latest banks let off the hook by Trump’s gutted CFPB.
TODAY'S NUGGETS

🏭 Actions speak louder than Trumpisms. In last night’s address to Congress, President Trump spotlighted a child whose “cancer likely came from a chemical he was exposed to when he was younger” and he declared that his administration’s “goal is to get toxins out of our environment (and) poisons out of our food supply.” Also yesterday: News leaked that Trump’s administration will drop a lawsuit against a chemical maker accused of increasing cancer risks in nearby communities. Trump is also advancing a GOP proposal to block states from warning consumers about toxins in food.