Today in Politics, Bulletin 452. 8/31/26
SUBSCRRIBE TO RECEIVE TIMELY REPORTS! … Republicans are facing “historic losses”’ in the midterms, with a new polling aggregate RealClearPolitics showing the party trailing in 8 major battleground Senate races. The Senate map looks increasingly bleak for Republicans as well with each passing week. … Republican strategist Terry Holt: “It points out the obvious that Republicans are in pretty bad shape going into the midterms and that they’re looking at historic losses. The question is whether some of these races can be saved with some miraculous turnout that apparently is going to be very expensive or whether or not the mood in this country can be changed fundamentally.” … According to the latest RCP aggregate, Republicans are down 2 points in AK, 7.5 points in GA, 2.3 points in ME, 1.8 points in MI, 2.6 points in OH, 2 points in NH, 8 points in NC, and 1.9 points in TX. Republican Rep. Ashley Hinson leads Democrat Josh Turek by 1.4 points in IA. … CNN pollster Harry Enten reported an astonishing 76 point swing in the new Reuters/IPSOS poll among independent voters against Trump on the issue of inflation since August 2024. … Salon on corruption becoming a campaign issue Dems are using for the first time in a many years: “These attacks are landing. Voters aren’t shrugging and making excuses like ‘all politicians are corrupt,’ at least not to the degree that they seemed to in past years, which contribute to Trump earning the nickname ‘Teflon Don.’ In a poll released earlier this summer, the Brennan Center found voters are increasingly irate over corruption in govt. Brennan’s head, Michael Waldman, called it ‘the sleeper issue of 2026,’ and it ‘may be bigger than I realized.’” … “What changed? NPR’s Mara Liasson argues that Trump’s corruption has grown so catastrophic in its size - he’s made billions in shady ways in the past year and a half, on top of being gifted a luxury private jet from the Qatari royal family - that it’s no longer so easy to rationalize with ‘everyone does it.’” … “The economic stress caused by inflation isn’t helping matters, either. Voters are struggling to buy gas and groceries, so watching Trump handsomely line his pockets with money he’d never have but for the office is even more painful to watch. Especially since his go-to move when asked about consumer prices is to whine that ‘affordability’ is a made-up issue.” … “Ossoff and Talarico have also done much to conquer one of the biggest obstacles when it comes to highlighting corruption: complexity. In the past, news moved much more slowly and so it was easier for voters to learn and absorb the intricate details of scandals like Watergate or the Iran-Contra affair. Nowadays, it’s hard to unpack these narratives, when there are a thousand other issues vying for people’s attention.” … “Ossoff and Talarico have both been smart about not just highlighting corruption, but also why it matters for voters. It’s indicative of leaders whose interests are self-serving. The result is that everyday Americans lose out, both financially and when it comes to getting fair treatment from their govt. More voters are putting the pieces together, and Democrats who help them get there are being rewarded in the polls.” … AP: “A plan in one of Texas’ largest counties to use dozens fewer polling locations than in previous years is drawing protests from Democrats who say the reductions could create confusion in the midterm elections. The proposal, set for a vote Tuesday, would reduce the number of polling locations across booming Tarrant County, which borders Dallas and includes Fort Worth.” … Texas’ third-largest county is home to more than 2 million people and a key battleground in the US Senate race between Democratic state Rep. James Talarico and Republican AG Ken Paxton. On Sunday, Talarico urged the county to reject the proposal: “The most powerful people in this county, the most powerful people in this country, don’t want us to be able vote easily.” … If the plan is approved, Tarrant County would have 92 fewer polling locations on Election Day than it did during the 2022 midterms. … MI GOP senate nominee Mike Rogers was asked about Trump’s trade war with Canada on Fox: “Is this the right thing for MI? Some of it is. What’s going on here is the Canadians want 500,000 more Canadian-built cars pushed into MI. My argument is that should be absolutely unacceptable. The Canadians have not been good partners.” … Trump posted: “The only reason that communities throughout the USA should not want Data Centers is if they want to end up being backwards and poor. If they want to be successful and rich, with far lower taxes and jobs all over the place, let Data Reign. If we kill the Golden Goose, you will only have yourselves to blame. China could not be happier with this anti Data Center movement.” … I will point out that some of the largest donors to Trump’s campaign, PACs, and various construction projects were AI and data center companies. I would also point out that none of them are being constructed anywhere near Trump’s properties around the country. … Sen. John Fetterman: “Agreed. We must win the war for AI supremacy over China. They foment the ‘anti’ argument through misinformation. There’s nothing more damaging to a Democrat than agreeing with Trump AND data centers—but what’s right is right.” … Sen. Jon Husted (R-OH), who is trailing Democrat Sherrod Brown in the polls: “There are literally communities in our state that have welcomed data centers who are seeing their local property taxes get cut dramatically as a result of the new revenue that comes in.” … House Dem Leader Hakeem Jeffries called a press conference on it:
… In an interview with Iowa News Now, Sen. Chuck Grassley declined to say whether he will run for re-election in 2028, telling the station to ask him again next year. Grassley would be 101 at the end of another term. … What Grassley does is likely contingent on the outcome of the IA governor’s race, with Democrat Rob Sand consistently leading in the polls. If Sand wins that race, it is highly unlikely that Grassley would run in 2028 because if he were to die in office Sand would get to appoint a Democrat to replace him for the remainder of the term. So if Sand wins, which appears likely, expect this to be it for Grassley. … Democratic nominee for senate in IA Josh Turek told Politico that what Trump has done to repeatedly hurt farmers in his state and surrounding state is going to hurt Republican candidates badly, including his opponent Rep. Ashley Hinson: “We’re going through a second farm crisis right now, it’s Farmageddon.” … Conservative talk-show host Erick Erickson: “Just holding the VP to the same standard the press has held Abdul El-Sayed to with Hasan Piker, it seems the VP should have to answer public questions about Tucker Carlson considering Carlson believes Trump should be immediately removed from office.” … Vance is very close friends with Tucker. As Tucker’s criticisms of Trump become harsher, and as he continues to circle the drain with wild conspiracies about a variety of issues, that relationship is increasingly becoming a political problem for Vance in the Republican Party. … Republican nominee for governor of WI Rep. Tom Tiffany on Fox. Q - “Congress is back in session today, what’s on the top of your radar? Tiffany: Condemning socialism. While it’s a messaging bill, I think it’s a really important message because we’ve seen socialism trying to sweep the country and it’s antithetical to the America way of life and the founding of this country.” … A testy, impatient, and annoyed Trump held a press gaggle today in the Oval Office:
… Yes, it was a female reporter he personally attacked again.
… He probably didn’t see the report, but I’m glad that reporter put that in his head because he will not be happy about it. At all.
… He clearly has no idea how any of this works.
… RFK Jr. repeatedly tried to get around Dr. Oz so he could stand behind daddy in the camera shot, but Oz kept body blocking him and wasn’t giving up his prime spot. RFK Jr. was not happy about it either. … Newsmax: “The WSJ’s editorial board delivered a sharp rebuke of Trump’s sweeping new oil agreement with Venezuela, comparing the arrangement to a scene from ‘The Godfather Part II’ and questioning its legality, economics, and political durability. … The criticism adds to a growing bipartisan backlash against the deal, with Republicans, Democrats, and Venezuela’s democratic opposition warning that Washington may be helping interim President Delcy Rodríguez remain in power while sidelining demands for free elections. … The Journal editorial, headlined ‘Trump Takes the Oil in Venezuela,’ portrayed the deal as anything but conventional, calling it an example of the admin’s “crony statism.” It said the arrangement looks less like “a normal commercial transaction” than the famous scene in “The Godfather Part II” in which American businessmen meet with Cuba’s dictator as they seek access to the island’s economy. … Among the Journal’s biggest concerns is the unusual role being assigned to the Pentagon. According to the editorial, the US would acquire a 35% interest in North American Blue Energy Partners, a private company run by Venezuelan businessman Alejandro Betancourt, who has close ties to Rodríguez. … Now the US’ lead partner, Betancourt’s background has raised significant questions. He has faced investigations in Switzerland, Spain, and the US over alleged money laundering. He was arrested twice in Britain in 2025 in connection with European warrants. … “The legal authority for this is far from clear,” the Journal said, questioning why DOD should be investing in a foreign oil venture at all when it already faces enormous challenges modernizing weapons systems and fixing procurement. The newspaper also questioned who will actually put up the billions of dollars necessary to rehabilitate Venezuela’s dilapidated oil industry. … That may prove to be the deal’s Achilles’ heel. Trump has been encouraging American energy companies to return to Venezuela since US forces captured Nicolas Maduro in January. But major producers remain wary because of Venezuela’s history of expropriation, a weak rule of law, and uncertain investment protections. … That reluctance raises a larger problem: Can an oil agreement requiring decades and enormous capital commitments survive the admins of either Trump or Rodríguez? Harvard economist and former Venezuelan planning minister Ricardo Hausmann says no: “Venezuelans will not respect this illegitimate deal and no major US oil company will take it seriously because they know it will not last.” … Former US Ambassador to Russia Michael McFaul was asked for his reaction on MS NOW:
… Fox host Rachel Campos-Duffy, who is married to Sean Duffy: “Maybe I was a little too naive here – I thought the primary purpose of taking out Nicolas Maduro was because he was a communist dictator and we were actually going to allow the Venezuelan people to have elections. Until there are elections, there will be a lot of questions about motivations here and whether the interests of the Venezuelan people are at hand.” … Trump couldn’t care less about the Venezuelan people, and Latin-Americans like Rachel helped peddle the lie that ousting Maduro was about freedom and democracy when it was only about stealing their oil. … Energy market expert Paul Saladino: “We absolutely under no circumstances will be refilling the SPR with Venezuelan crude. It’s the heaviest, most sour oil on earth. We tried to inject very heavy oil into the SPR once in the 80s. It was an epic disaster, broke the system, and has to be removed. And that was Mexican Maya, which is significantly lighter. Anyone saying otherwise is a fraud and should be severely distrusted on all things energy. This is very basic stuff.” … Trump is saying otherwise. … Interior Secretary Doug Burgum on Fox: Q - “Apple Maps still has it as Lake Ontario. When are we going to see that change? Burgum: I know the president has reached out to Apple directly so we may see that change coming up soon to Lake America.” … Rep. Andy Harris (R-MD) on Newsmax: “The fact of the matter is Alberta is talking about seceding from Canada. We should make it the 51st state. Tremendous oil reserves there.” The questions that you had for Ask the Editor in the comments to yesterday’s Bulletin were amazing. I had at least 12-13 written down that I really wanted to answer, but once again I had to choose just 5, which was a crime this week. Here are the 5 I chose. The show should be posted later tonight:
If you missed yesterday’s Bulletin, you can find it here. … The Pentagon has secretly hired military veterans with large social media followings to act as paid right-wing influencers to push Pete Hegseth’s propaganda. WaPo reported that although they are now govt employees, the Pentagon refuses to give details on their assignments. Their taxpayer funded job is to “amplify Pete Hegseth’s viewpoints and attack those who scrutinize the Trump admin. … Pentagon records show that both have active official govt email addresses as of this past week and are assigned to the office of Anthony Tata, the undersecretary of defense for personnel and readiness. The email addresses include a ‘.civ’ suffix, meaning they are labeled as civilian employees, rather than as military personnel or contractors. … Former Obama WH staffer Christopher Hale: “Everyone I talk to in and around the Trump WH says Hegseth will be the first midterm political casualty and will be fired before Thanksgiving.” … NYT on DOJ’s Civil Rights Div Chief: “Harmeet Dhillon has repurposed a unit created to address Jim Crow injustices into a battering ram against the elite left. In part, it represents the culmination of a mission she began as an undergraduate at Dartmouth College — to impose conservative change on liberal institutions she still views as the entrenched establishment.” … “Dhillon has gone after more than 100 schools, extracting agreements, cash and personnel moves from big institutions over their diversity and antisemitism policies. Dhillon has also antagonized enemies and colleagues alike with a confrontational approach and a habit of beefing with co-workers that might hurt her chances of moving higher in the dept.” … “Yet the issue that could most define Dhillon’s tenure looms just over the horizon: the division’s role in monitoring the administration of the midterm elections, as Republicans face the prospect of losing the House and perhaps the Senate and Trump reprises his falsehoods about election fraud to undermine unfavorable results.” … “Dhillon’s much-publicized deployment of election monitors during the 2026 primary season has alarmed some local Republicans. She has also filed a salvo of federal lawsuits to demand confidential Social Security and drivers’ license data from states. Democratic officials have resisted, combating what they say is a dangerous intrusion into their right to conduct elections. She has lost every single one. Her record is now 0 and 23.” … Vanita Gupta, who was Civil Rights Chief under Biden: “Harmeet is not just ignoring the reasons the division was created and the laws it is tasked with enforcing, she is using its enforcement authority against the very people whose rights the division was created to protect. She has corrupted its mission.” … “She has told people in her orbit she may quit if she is not promoted to Dep. AG, a post vacated by Todd Blanche when he rose to be AG - and would only stay if she respects the alternative pick. She has enlisted Miriam Adelson, one of the Republican Party’s biggest financial donors, and Laura Ingraham, the Fox host, to speak with Trump on her behalf.” … “Her most bitter conflict has been with Leo Terrell, a former Fox personality tapped by the WH to be an adviser on the antisemitism investigations overseen by her staff. Terrell repeatedly complained to Pam Bondi and other DOJ leaders about Dhillon’s disrespectful treatment of him, at times forwarding testy email exchanges. Dhillon, for her part, told Bondi and others that Terrell was not qualified for his job.” … “Another big flashpoint was Fox. In mid-2025, a top Dhillon aide warned Terrell he could be fired if he continued appearing on the network without permission. Terrell was jeopardizing court cases by talking about them on TV. Terrell accused Dhillon of punishing him because she was not getting enough airtime, a coveted commodity, on Fox.” … NBC: “The House returned today from a 5-week summer recess with a top priority of avoiding a govt shutdown before the midterm elections. The House will only be in session for 4 days this week and will return again Sept. 14, when the Senate will also come back from its lengthy break. From there, the House has just 3 weeks left in session before Election Day on Nov. 3.” … “This week, the House is expected to take up a Senate-passed bill to prevent a govt shutdown, according to a Republican leadership aide. Money is currently expected to expire for federal departments and agencies Oct. 1. It’s the main item on the agenda, the only critical deadline requiring action before the midterm elections.” … “If it passes, the bill would go to Trump to become law and keep funds flowing through Dec. 11. That would buy time for a larger govt funding deal, on which negotiations have stalled. The result of the midterm elections will shape the talks, with the 2026 winners likely to feel empowered. The legislation passed the Senate by a vote of 90-6, continuing funding on autopilot without major changes and thereby staying noncontroversial.” … Politico: “GOP leaders plan to put the govt funding bill on the floor Tuesday under a fast-track method requiring a two-thirds majority vote, and there are reasons to believe it will pass without much drama. Trump and key congressional Democrats have endorsed the 10-week punt.” … “House Republicans rushed before their summer recess to adopt a budget blueprint for a fresh party-line spending package, but it’s currently stuck across the Capitol amid competing demands from defense hawks, fiscal conservatives and some GOP senators who aren’t convinced another such bill is needed at all.” … “Senate Republicans don’t expect the budget measure to be brought to the floor before the election. House Republicans appear to be acknowledging that reality. Instead, the Senate is expected to focus in Sept on confirming Trump’s nominees and holding a vote on cryptocurrency legislation, as well as trying to advance a bill to overhaul college athletics and the Senate version of the farm bill.” … “As for the farm bill, the House passed its version earlier this year largely along party lines, while the Senate version failed to advance in committee earlier this month due to GOP absences and Democratic opposition. Senate Ag Chair John Boozman (R-AR) said he plans to try again in Sept. John Thune is eager to advance the farm bill before the election, but doing so will require Sen. Mitch McConnell to return from a monthslong absence.” … AFP: “Iran attacked US military targets in the Middle East on Monday in retaliation for the first American strikes on its territory in a month, in a fresh flare-up of the war that has engulfed the region. Tehran’s IRGC said they had responded to Sunday’s American attack by striking two US air bases with ballistic missiles in Washington-allied Jordan, causing ‘heavy damage.’” … “Jordan’s army said it had intercepted 8 missiles, without stating their origin. Tehran also claimed it targeted US military personnel at an air base in UAE and shot down a US drone over the Strait of Hormuz. The flurry of attacks came after the US said Sunday it had attacked Iranian rocket launchers on the small island of Larak in the strategic shipping lane.” … Trump made several more bizarre posts about Iran on Truth Social, including a late-night AI video where he claimed the US was bombing Kharg Island: “Iran is officially a Failed Nation. IT IS DEAD! The only thing they have is FAKE NEWS from the USA, a willingness to kill their protesters (now over 100,000 people dead. They must be tried for war crimes against humanity!), and a good line of ‘BULLSHIT.’” … The Independent: “DOD was forced on Monday to deny the US had struck Iran’s main petroleum export facility after Trump posted a fake but very realistic AI-generated video showing a purported attack by American forces.” … “The video appears to show oil storage tanks and refineries erupting in flames from the perspective of someone filming from inside a helicopter above the carnage, with an accompanying message describing the scene as ‘Kharg Island being blown to smithereens’ and signed as ‘President DJT.’” … “But a US official said no such attack had taken place, with Kharg Island not being among the locations targeted overnight in what has been the first exchange of fire between American and Iranian forces in weeks.” … JD Vance was asked about it: Q - “On Iran, the president tweeted some AI-generated video of bombing Kharg Island. Why did he do that? Vance: Well you know, the president likes to switch it up on social media a little bit. He’s sending a message to the Iranians.” … Ian Ralby, a maritime security expert and president of Auxilium Worldwide, to CNBC: “It is unlikely that Trump will actually carry through on the threat to attack Kharg Island. It would be a destruction of cultural heritage as well as destruction of critical oil infrastructure, which would likely cause catastrophic environmental harm. Threatening it may seem appealing, but actually blowing it up should hold little appeal.” … Retired Navy Captain John Cordle in Military Times:
BOND MARKET! … Kobeissi Letter: “12 days since US Treasury intervention in the bond market was announced and yields are up to a new 19-month high. The 10Y Note Yield is now just 2 basis points away from its highest level since 2007. The bond market appears to be completely ignoring the US Treasury. We simply cannot afford the 10Y Yield at 5%+.” … Peter Mallouk, CEO of CPI Wealth: “The 30-year Treasury yield is at a 19-year high. … Politico: “Scott Bessent designed this week’s G20 finance meeting to showcase Trump’s economic agenda and present it as the formula for accelerating growth worldwide. Instead, he’s likely to spend much of the gathering trying to ease fears over the global impact of crushing US debt and cajoling other countries to join in an effort to further economically isolate Iran.” … “The gathering will put Bessent in a delicate position. He is asking foreign counterparts, many of whom are increasingly unsettled by Trump policies like tariffs and the Iran war, to follow America’s lead. He is also trying to reassure them that the US can manage its massive debt without risking the global financial system while also seeking to enlist their support for a new economic pressure campaign against Tehran.” … “Treasury yields - the amount of interest the federal govt pays on its debt - serve as a benchmark for borrowing costs worldwide, so Bessent’s moves can ripple through foreign markets. Long-term Treasury yields remain near levels last seen in 2007, reflecting inflation fears, the war with Iran and concern about mounting US debt, which recently topped $40 trillion. Foreign govts and investors hold trillions of dollars of Treasuries. … CNBC: “The prediction market platform Kalshi announced it has permanently banned former Republican Rep. George Santos and fined him $71,356 for allegedly using the app the trade on his own attendance at this year’s State of the Union address. In the weeks leading up to Trump’s speech in Feb, Santos, who represented NY’s 3rd district from January 2023 until his expulsion from Congress later that same year, allegedly made more than $17,000 by betting on whether he would attend.” … Kalshi: “In the weeks leading up to the event, Santos began making a series of public statements regarding his attendance at the event in an attempt to influence the price of Yes and No contracts, respectively. Some of these included false or misleading statements. … Santos responded with this post: “Hey Kalshi thanks for the lifetime ban from your gambling platform. Let’s see how much longer you guys are around for.” … Meidas reporter JD Wolf: “Natalie Harp’s unusually close proximity to Trump was on full display over the weekend at Trump National Golf Club in Sterling, VA. Photos posted by guests to social media from the weekend show Harp seated alongside Trump at multiple tables inside the club’s dining room. … Harp’s presence continued Sunday, when a WH pool report said a photographer showed the pooler a photograph of Trump inside his vehicle as he departed the club, with Harp sitting next to him. Trump and Harp were also photographed leaving the golf club together.” Invite your friends and earn rewardsIf you enjoy Meidas+, share it with your friends and earn rewards when they subscribe. |




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