A recent report from The New Yorker claims that Donald Trump and his family profited an estimated $3.4 billion during his two presidencies. The report details earnings from various sources, including cryptocurrency ventures, Trump-branded merchandise, and his Mar-a-Lago estate. The White House Press Secretary has responded, calling the claims absurd and stating that Trump has lost hundreds of millions of dollars while serving the country. The New Yorker’s analysis also includes profits from Trump’s campaign events and contributions used to fund legal fees.
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California Governor Gavin Newsom announced that the state would redraw its electoral maps after former President Donald Trump missed a deadline in an ongoing redistricting dispute between Democratic and Republican states. Newsom’s office mimicked Trump’s social media style to mock him, and Newsom expressed his desire to counteract what he views as map rigging in red states. Newsom plans to ask voters to override existing congressional maps and create more Democratic-leaning seats, although the White House is seeking to enlist other red states in the redistricting clash. Trump defended the Texas plan, citing his popular vote win, but this is not how congressional seats are awarded.
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The White House is conducting a review of the Smithsonian Museum’s exhibits related to the United States’ 250th anniversary. This review, as reported by the Wall Street Journal, seeks to ensure the exhibits align with the administration’s interpretation of American history, encompassing exhibition text, online content, and curatorial processes. This initiative follows an executive order mandating exhibits be “accurate, patriotic, and enlightening.” Previously, the Smithsonian removed and then re-added references to Donald Trump’s impeachments, with modifications to the descriptions of events surrounding his second impeachment.
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According to a recent Congressional Budget Office (CBO) report, President Trump’s tax and spending law is projected to decrease income for the poorest Americans, while increasing it for the wealthiest. The CBO estimates that the lowest 10% will lose approximately $1,200 a year due to restrictions on government programs, while the top 10% will see their income rise by $13,600 from tax cuts. This legislation, which Democrats have strongly opposed, will also impact millions through changes to food assistance eligibility and has already led to over ten million expected health insurance losses by 2034 due to Medicaid changes.
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On August 11th, the former president announced he was taking federal control of the police force in Washington, D.C., deploying the National Guard and declaring a “crime emergency.” This action was framed as a response to alleged lawlessness and linked to the removal of Confederate statues, invoking a “woke culture” as the cause of the city’s problems. The former president’s rhetoric mirrored that of white supremacist groups, who have been trying to “take back” the country. This move is part of a broader pattern of fearmongering, linking perceived incompetence and lawlessness with the political participation of Black people and other marginalized groups, echoing historical patterns of disenfranchisement.
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President Trump has once again extended the deadline for increased tariffs on Chinese goods, giving China a 90-day reprieve. This extension, announced just hours before the tariffs were set to take effect, pushes the deadline to November 10th. The White House cited ongoing discussions on trade imbalances and other issues as the reason for the delay, while Trump also expressed a desire for China to increase its soybean orders. This marks the second time Trump has granted China special treatment this year, as the current 10-percent reciprocal tariff remains in place during the suspension.
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The ongoing legal battle in California centers on President Trump’s deployment of the National Guard and Marines to Los Angeles amidst protests against his deportation policies. California Governor Gavin Newsom contends that this action violated the Posse Comitatus Act of 1878, which restricts the use of the military for civilian law enforcement. The Pentagon reports that approximately 250 National Guard members are still active in the state.
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Mayor Bowser expressed confidence in the Metropolitan Police Department’s ability to maintain the trust of D.C. residents under the leadership of Chief Smith. She emphasized the importance of community cooperation with the police, highlighting that losing community trust or causing antagonism could be detrimental. While anticipating Trump’s call for the National Guard, Bowser downplayed the extent of federal control over the MPD, asserting that officers would still answer to Chief Smith and be subject to local and federal laws.
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A recent analysis estimates that Donald Trump’s family businesses have generated a staggering $3.4 billion through ventures like crypto, real estate, and licensing agreements. This figure is based on estimations due to a lack of financial transparency from the Trump Organization and its subsidiaries, which are largely managed by the president’s adult children. Profits were generated through various avenues, including cryptocurrency, financial investments, and the Mar-a-Lago resort. The president’s actions, such as using his properties for official events, have further fueled these profits, while simultaneously allowing him to bypass disclosure and ethics laws.
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Following a disappointing jobs report, President Trump has nominated E.J. Antoni, an economist from the Heritage Foundation and Project 2025 contributor, to replace the fired Bureau of Labor Statistics (BLS) chief, Erika McEntarfer. Trump’s decision to remove McEntarfer came after she released a report showing fewer jobs created than expected and downward revisions of previous months’ figures, a move condemned by economists. Antoni, a BLS data skeptic, has criticized the agency and is expected to focus on data accuracy and timeliness, though he has also indirectly contradicted Trump’s claims of a booming economy. The nomination is now awaiting confirmation by the Republican-controlled Senate.
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John Q. Hosedrinker