Where Things Stand: Match Made In Reactionary Chucklehead Heaven

Two dudes who have advanced their careers, in recent years, by saying and doing things to rile people up as they curate their cult of personality points are teaming up to make an announcement that everyone already had on their 2023 bingo card.

You’ve got Elon Musk in one corner — a man who will say just about anything to elevate his brand as the free speech Messiah. And then you’ve got Florida Gov. Ron DeSantis in the other — Trump’s long-anticipated 2024 rival who has spent the last year using his Republican-dominated state legislature to pass outrageous, so-called “anti-woke” legislation packaged to appeal to the furthest-right MAGA voters and cushion his 2024 bid.

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Shuddering Foundations

Here’s one thing to keep an eye on as we moved toward ~ June 1st. Over the last few days there’s been a growing jitteriness on Wall Street and in the D.C. stakeholding communities. Like, shit, this really might happen. I don’t see any panic yet. But the complacent assumption that obviously it’s going to get worked out is starting the fray or at least come under some strain.

What appears to have gone on over the last four or five days is the White House just keeps saying no to new or expanded GOP demands. Of course, they’ve already agreed to or tentatively signaled their willingness to agree to quite a lot. So there’s no hard line or Michael Corleone-style “my offer is nothing.” But they do seem to have come to a line. At least for now.

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The Bigs Turn on Meatball Ron

For the last two or three months we’ve had this on-going spectacle of major media continuing to portray Florida Gov. Ron DeSantis as the arch-rival and potential slayer of ex-President Trump, even after it’s become increasingly clear he has really no chance at all of winning the nomination. In fairness to DeSantis, it’s unlikely that anyone stands a chance, unless the judicial system or mortality remove Trump from the stage. But it’s only with DeSantis that you have the yawning gap between perception and reality. Everyone knows Pence and Scott aren’t happening.

Now we’re seeing the first signs of the Bigs catching on.

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Yellen Warns McCarthy That Her Early Estimate For US Running Out Of Money Is Looking Pretty Accurate

Treasury Secretary Janet Yellen sent a renewed warning to House Speaker Kevin McCarthy (R-CA) and other congressional leaders on Monday, emphasizing that the U.S. will likely default on its debts in just 10 days unless Congress acts.

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Jack Smith Subpoena Targeted Trump Org Foreign Biz Deals

A lot of things happened. Here are some of the things. This is TPM’s Morning Memo.

A Curious Wrinkle In The MAL Case

The NYT and WaPo separately reported last night on what appears to be the same subpoena from Special Counsel Jack Smith in the Mar-a-Lago documents case, with each outlet having different but related tidbits about what it was seeking and when.

The top line shared by both reports: The subpoena of the Trump Org sought records of business deals from seven foreign countries since 2017, when Trump took office.

  • The subpoena was issued in April, according to the WaPo.
  • The countries were China, France, Turkey, Saudi Arabia, Kuwait, the United Arab Emirates and Oman.
  • The only known foreign deal consummated in that time was in Oman and came after he left office. Trump had publicly claimed he would stop doing foreign deals while in office.
  • This was the same subpoena that the NYT previously reported was seeking information on Trump’s dealing with the Saudi-backed LIV pro golf tour.

Neither report was able to piece together why the Trump Org’s foreign business dealings would be relevant to the former president’s unlawful possession of classified documents at Mar-a-Lago. A gentle reminder that subpoenas can be used not only to uncover wrongdoing but to rule it out. It’s not known publicly what, if anything, the Trump Org produced in response to the subpoena.

When Your Lawyer Is Forced To Testify

CNN has its own follow-up to the Guardian on Special Counsel Jack Smith obtaining “dozens of pages” of notes that Trump attorney Evan Corcoran took during his representation of the former president in the Mar-a-Lago documents case:

The notes provide more insight into Trump’s thinking and actions during a critical time frame as the special counsel pursues its criminal investigation into Trump’s handling of classified material and the possibility he obstructed the investigation. …

The notes the DOJ has obtained reflect conversations between Corcoran and Trump after May 11 and through June 3, 2022, in which the attorney explained that the subpoena meant Trump would need to return all records marked classified to the government, sources said.

Jean Carroll Ain’t Stopping Now

The day after losing a $5 million jury verdict on E. Jean Carroll’s sexual abuse and defamation claims, former President Donald Trump went on CNN and continued defaming her, Carroll alleges in a new court filing. Carroll is seeking a “very substantial punitive damages award” against him in her other pending defamation lawsuit to punish him for the CNN remarks and deter future such conduct.

Trump In Criminal Court Today

Donald Trump will appear via video link in criminal court in Manhattan in the Stormy Daniels hush money case. The judge is expected to read Trump the riot act about complying with the protective order that prohibits him from disseminating discovery materials turned over by prosecutors.

*CLICK*

Reuters exclusive: Texts tie DeSantis closely to Trump insider Lev Parnas in 2018 race

The Politicization Of The Trump DOJ, Part 928

NYT:

The Justice Department kept open the investigation into Hillary Clinton’s family foundation for nearly all of President Donald J. Trump’s administration, with prosecutors closing the case without charges just days before he left office.

Newly released documents and interviews with former department officials show that the investigation stretched long past when F.B.I. agents and prosecutors knew it was a dead end. The conclusion of the case, which centered on the Clinton Foundation’s dealings with foreign donors when Mrs. Clinton served as secretary of state under President Barack Obama, has not previously been reported.

Harlan Crow Does Interview With The Atlantic

A deep profile of billionaire Clarence Thomas whisperer Harlan Crow yields this curious contradiction:

SCOTUS Is Not The Oracle At Delphi

Dahlia Lithwick takes a long hard look at the failures of Supreme Court coverage: “The Supreme Court press corps has been largely institutionalized to treat anything the court produces as the law, and to push everything else—matters of judicial conduct, how justices are chosen and seated, ethical lapses—off to be handled by the political press.” 

BREAKING OVERNIGHT …

A man who crashed a U-Haul truck into barriers on the far side of Lafayette Square across from the White House Monday night was charged by Park Police with threatening to kill, kidnap or inflict harm on the president, vice president or a family member, along with assault with a dangerous weapon and trespassing. The man’s name was not released publicly.

2024 Ephemera

  • Sen. Tom Carper (D-DE), the chair of the Senate Environment and Public Works Committee, will not seek re-election next year. In his retirement announcement, Carper endorsed Rep. Lisa Blunt Rochester (D-DE) as his successor. Blunt Rochester looks poised to win the Democratic nomination essentially by acclamation in a safe blue state.
  • Four Democratic senators are not running again next year: Dianne Feinstein (D-CA), Debbie Stabenow (D-MI), Ben Cardin (D-MD), and now Carper.

Two Must Reads

To understand how the right wing’s manufactured culture clash over transgender rights came into being, two seminal stories over the past six weeks:

NYT: How a Campaign Against Transgender Rights Mobilized Conservatives

AP: Many transgender health bills came from a handful of far-right interest groups

Short-Circuiting The Energy Transition

A nationwide shortage of electrical transformers is hindering the dramatic expansion of the grid necessary to facilitate a shift away from fossil fuels.

Cool Visual Of The Day

Fall down this rabbit hole with me:

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Where Things Stand: Even At Anti-Abortion Gala, DeSantis Shied Away From Hyping His 6-Week Ban

As he stood before one of the friendliest crowds imaginable this weekend, Florida Gov. Ron DeSantis was still hesitant to spend much time touting the passage of a strict six-week abortion ban in Florida, a law that he only briefly described as “a landmark piece of legislation for this state.”

DeSantis made a big show of signing his state’s 15-week ban into law last year. He televised the bill’s signing and dragged in a bunch of Republican state lawmakers, children holding pro-life signs and a packed crowd to applaud his signature. But when he signed his six-week ban into law in April, he did it privately. His office marked the occasion by putting out a press release in the middle of the night. When he gave a speech at Liberty University the next day, he didn’t even bring it up.

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Santos Listed As Treasurer Of His Own Campaign Following Complaints About His Treasurer Not Actually Existing

The embattled Rep. George Santos (R-NY) — who was hit earlier this month with a 13-count indictment that included seven counts of wire fraud, three counts of money laundering, one count of theft of public funds, and two counts of making materially false statements to the House of Representatives — was temporarily listed as the treasurer for his own campaign and several affiliated committees before being quickly replaced.

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Perspective

Even though this won’t come as new news to many of you, the following is still a clarifying prism. A negotiation is usually two sides haggling to get things they want. Leverage is often unequal. Sometimes one side isn’t “getting” anything but rather just trying to give up as little as possible. But in this negotiation, Republicans are getting various policy priorities and Democrats are “getting” Republican agreement not to create a global financial crisis. That’s extortion, not negotiation. A government can’t operate in any consistent or sustainable way when policy deliverables go to the party willing to credibly threaten the most damage to the country itself.

A Few Observations on the Debt Limit Follies

It looks like we’re in for a down-to-the-wire drama over the next ten days to two weeks as we come down to the still-fuzzy default deadline. We’re going to have a lot of pinging back and forth, drama and access journalism headlines over the next several days. We’ll try to keep you aware of those things while keeping the focus on the fact that this is a manufactured crisis and not truly a negotiation (in the sense of each side bargaining to get things).

There’s been a series of stops and starts in recent days, with House Republicans repeatedly leaving the talks and then coming back. The key driver is the Freedom Caucus. The negotiators were near some mix of clawed-back COVID funds, “permitting reform,” work requirements and budget caps. All bad, but still very different from the Freedom Caucus-dictated budget outline passed several weeks ago. As a deal got closer, the Freedom Caucus yanked McCarthy back and said they wanted their whole bill.

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