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On Lever Time Premium: Are we in a constitutional crisis? We ask Watergate whistleblower John Dean in a special premium episode of Lever Time, just for paying subscribers.
⬇️ Spend four minutes reading this 870-word newsletter to learn about:
- Trump flipping the script on the populist agenda that Dems bailed on.
- The mega-monopolies behind the egg crisis.
- How Americans really feel about Elon Musk’s DOGE.
- Kamala Harris' second act.
- The statement that has military contractors shaking in their boots.
🏥 I do not think this means what you think it means. Last month, President Donald Trump pledged to “love and cherish” Medicaid, the public health insurance program for 79 million low-income and disabled Americans. But yesterday, he endorsed the House Republican budget proposal that sets the stage for massive cuts. Democrats as well as MAGA acolytes like Steve Bannon and Sen. Josh Hawley (R-Mo.) are sounding the alarm about the proposal.
🤔 Trump regulators embrace what Kamala Harris stayed silent on. The new Trump-appointed chair of the Federal Trade Commission yesterday affirmed that the agency would preserve the tougher merger guidelines put in place by Biden-era antitrust enforcers Jonathan Kanter and Lina Khan (who was boosted by Vice President JD Vance but removed by Trump). While some remain concerned that Ferguson will limit his predecessors’ tough antitrust posture, yesterday’s move follows Trump’s FTC suing to block a Hewlett-Packard merger.
