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    US House passes $1.2tn spending bill hours before shutdown deadline

    The House voted on Friday to pass a $1.2tn spending package that would fund much of the federal government through September, with just hours left to avert a partial shutdown. The bill now advances to the Senate, which will have to act quickly to keep the government open.The House vote was 286 to 134, with 101 Republicans and 185 Democrats supporting the funding bill. Twenty-two Democrats and 112 Republicans opposed the proposal.The House speaker, the Republican Mike Johnson, introduced the bill under suspension of the rules, meaning that he needed the support of two-thirds of members to pass the proposal. The bill barely crossed that threshold, and Johnson did not win the the support of the majority of his conference as he had hoped, but the speaker voiced optimism after the successful vote.“House Republicans achieved conservative policy wins, rejected extreme Democrat proposals, and imposed substantial cuts while significantly strengthening national defense,” Johnson said in a statement. “The process was also an important step in breaking the omnibus muscle memory and represents the best achievable outcome in a divided government.”On the government funding front, the spending package now advances to the Senate, where members will have to unanimously agree on fast-tracking the bill’s passage to prevent a shutdown. If the Senate can pass the bill, Joe Biden has already said he will “immediately” sign it once it reaches his desk.The bill would fund about 70% of the federal government – including the defense, state, education and homeland security departments – for the rest of the fiscal year, which ends on 30 September. Earlier this month, Biden signed a separate spending bill that funded the rest of the federal government through September, so the bill’s passage would eliminate the threat of a shutdown until October.Although the bill passed the House, Johnson had to mostly rely on Democratic votes to get it across the finish line. The widespread opposition among House Republicans raised questions about the future of Johnson’s speakership, which began only five months ago.Just before the funding bill passed, Congresswoman Marjorie Taylor Greene, a hard-right Republican of Georgia, was seen giving a resolution to the House parliamentarian. Greene later confirmed the resolution was a motion to vacate Johnson from the speakership, but it remains unclear whether she would have the votes to remove him.Speaking to reporters after the vote, Greene described the resolution as “more of a warning than a pink slip” to Johnson, indicating she would not move immediately to oust the speaker.“I do not wish to inflict pain on our conference and throw the House in chaos,” Greene said. “But this is basically a warning, and it’s time for us to go through the process, take our time and find a new speaker of the House that will stand with Republicans and our Republican majority instead of standing with Democrats.”A number of hard-right Republicans had indicated before the final vote that they would oppose the bill, arguing the legislation does not go far enough in restricting immigration. Members of the hard-right House Freedom caucus expressed alarm over the bill’s price tag and the timing of its release on early Thursday morning, complaining that lawmakers were unable to sufficiently review the 1,000-page proposal.skip past newsletter promotionafter newsletter promotionHouse Republican leaders typically give members 72 hours to review bills before a vote, but they ignored that guideline in this case because of the shutdown deadline. At a press conference held on Friday morning, House Freedom caucus members accused leadership of rushing through a massive spending package that is “chock full of crap”, in the words of Congressman Andy Biggs of Arizona.At least one freedom caucus member appeared to raise the idea of removing Johnson over the bill’s passage. The Louisiana congressman assumed the top job after the former speaker, the Republican Kevin McCarthy, was ousted over his decision to work with Democrats to prevent a government shutdown – just as Johnson did on Friday.“There’s some who will say that the Republicans are in the majority in the House, but it’s clear that the Democrats own the speaker’s gavel,” said Congressman Andy Ogles of Tennessee. “This bill, if it passes, will likely determine who controls the House of Representatives, and this bill will most certainly determine who the next speaker is.”If a vote is held on removing Johnson, he will only be able to afford a handful of defections within his conference and still keep the speaker’s gavel, assuming Democrats do not come to his aid. In the event that Johnson is removed, the House will be unable to conduct business until a new speaker is elected, plunging the lower chamber into chaos yet again. More

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    Trump claims to have ‘almost $500m in cash’ despite inability to pay bond

    Donald Trump claimed on Friday to have at his disposal “almost $500m in cash”, despite having complained about a $454m bond his lawyers say he cannot pay as he appeals a New York civil fraud judgment.In an all-capitals, early morning post to his Truth Social platform, the former president said: “Through hard work, talent, and luck, I currently have almost $500m in cash, a substantial amount of which I intended to use in my campaign for president.”The judge in his New York fraud case knew this, Trump claimed, and therefore came up with a penalty which, with interest, amounts to around $454m.Trump’s lawyers have said it is a “practical impossibility” for Trump to meet that bond by its 25 March deadline. In turn, the New York state attorney general, Letitia James, reportedly took steps towards seizing Trump-owned properties.One legal analyst called Trump’s Friday morning rant “the dumbest thing he could possibly have done”.“That is a direct admission by him that he has the money,” Nick Akerman, a former assistant US attorney in the southern district of New York who was a prosecutor during the Watergate scandal that brought down Richard Nixon, told CNN.“Keep in mind, even with this operating money or cash that he supposedly has, if he doesn’t pony up and put up a bond, Letitia James is going to be able to go in and basically put restraining orders on all of his bank accounts. Everything that relates to him and all of that money is going to be tied up and frozen.“So if he’s really got that money, he’s got to put it up.”As Trump runs to return to the White House, he faces unprecedented legal jeopardy: 88 criminal charges (14 over election subversion, 40 over retention of classified information, 34 over hush-money payments), and various civil penalties – both in the fraud case and in a defamation case arising from a rape allegation a judge called “substantially true”.Trump’s legal costs are therefore enormous. He received a potential boost on Friday as shareholders approved the public listing of Trump Media & Technology, the parent company of Truth Social, a move that could net more than $3bn. That money, however, will not be accessible for some time and is subject to the whims of the markets.Also on Friday, multiple outlets reported that Trump’s new fundraising agreement with the Republican National Committee directs donations to his campaign and a political action committee that pays his legal bills before the RNC gets a cut.The unorthodox diversion of funds to the Save America political action committee – disclosed in an invitation to an event in Florida on 6 April obtained by the Associated Press – makes donors more likely to see their money go to Trump’s lawyers, who have received at least $76m over two years.Fine print says donations will first be used to give the maximum amount allowed under federal law to Trump’s campaign, which would total $6,600 for individuals giving in a primary and then a general election. Anything left next goes toward a maximum contribution of $5,000 to Save America. Anything more goes to the RNC and state parties.On the invitation, top donors are asked to contribute $250,000 as “host committee” contributors or $814,600 for a seat at Trump’s table. A separate contribution form allows donors to give contributions of any size but still spells out in fine print that the donation is first to be allocated to the Trump campaign and Save America.According to the fine print, any donor can direct their contribution to be distributed differently. Donors can also give directly to the RNC or any other entity.The Trump campaign said donors who contribute the suggested $814,600 or $250,000 per person will see hundreds of thousands of dollars go to the RNC, adding that Save America “also covers a very active and robust post-presidency office and other various expenses”. But the New York Times reported that for smaller events or donations, a much larger share will go to Save America.It in effect means that when checks are written to the new combined Republican campaign, Trump’s campaign and Save America get paid first.skip past newsletter promotionafter newsletter promotionWith Trump reportedly against declaring bankruptcy, a step that would delay payments in his civil cases but which would likely damage his campaign image, Save America spent more than $50m on legal fees in 2023 and, according to documents filed with the Federal Election Commission (FEC), entered 2024 with just $5m in cash on hand.The Trump campaign said Save America spends on expenses other than legal fees. But legal spending made up 85% of operating expenses in the first two months of this year, a total of $8.5m.Trump’s political operation is struggling to catch Joe Biden on fundraising. Trump’s campaign and Save America reported raising $15.9m in February with more than $37m on hand, FEC filings showed. Biden’s campaign raised $53m, with $155m on hand.On Thursday, a Biden campaign email taunted Trump as “Broke Don”.Having taken control of the RNC, however, Trump can take advantage of far higher contribution limits. His handpicked leadership team includes his daughter-in-law Lara Trump and Chris LaCivita, one of two campaign managers and now RNC chief of staff.LaCivita previously suggested the RNC would not pay Trump’s legal bills.In February, Henry Barbour, an RNC member, attempted to formally preclude such spending, saying: “The RNC has one job. That’s winning elections. I believe RNC funds should be spent solely on winning elections, on political expenses, not legal bills.”LaCivita said: “The primary is over and it is the RNC’s sole responsibility to defeat Joe Biden and win back the White House. Efforts to delay that assist Joe Biden in the destruction of our nation.”But with Trump’s RNC takeover complete, Republicans are reportedly concerned it could leave the cash-strapped party shortchanged.
    Associated Press and Reuters contributed reporting More

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    US Senate candidate apologizes for using racist slur while trying to say ‘bugaboo’

    A Maryland Democratic congressman running for US Senate has apologised for using a racist slur during a hearing on Capitol Hill.Speaking during a House budget committee hearing, David Trone said: “So this Republican jigaboo that it’s the tax rate that’s stopping business investment, it’s just completely faulty by people who have never run a business. They’ve never been there. They don’t have a clue what they’re talking about.”“Jigaboo” is a derogatory and offensive term for a Black person. The Oxford English Dictionary says the word is of unknown origin, its first documented use found in a song from 1909.Trone apologized in a statement to the Washington Post. “While attempting to use the word ‘bugaboo’ in a hearing, I misspoke and mistakenly used a phrase that is offensive,” he said.“Upon learning the meaning of the word I was deeply disappointed to have accidentally used it, and I apologise.”Merriam-Webster defines “bugaboo” as “an imaginary object of fear”.In 2009, the rapper Jay-Z discussed with the Guardian his use of the N-word in his music, saying: “If you eliminate [it, racists will] say ‘monkey’ or ‘jigaboo’.”The word “jigaboo” has recently been an occasional source of controversy.Shalanda Young, the director of the Office of Management and Budget, to whom Trone was speaking on Thursday, is Black. She declined to comment to the Post.In Maryland, Trone leads Democratic polling regarding the party race to contest the US Senate seat now filled by the retiring Ben Cardin.Trone’s closest competitor, Angela Alsobrooks, a state politician, is Black. She also declined to comment.In early polling, Trone and Alsobrooks trail Larry Hogan, the probable Republican nominee for Senate, a moderate who was a popular governor until 2023, when he was succeeded by Wes Moore, a Democrat and the first Black governor of the mid-Atlantic state.Trone said the word he used “has a long dark terrible history” and “should never be used any time, anywhere, in any conversation.“I recognise that as a white man, I have privilege. And as an elected official, I have a responsibility for the words I use – especially in the heat of the moment. Regardless of what I meant to say, I shouldn’t have used that language.” More

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    Democrats who attack the rich do better in elections. The party should take notice | Jared Abbott and Bhaskar Sunkara

    “We know now that government by organized money is just as dangerous as government by organized mob. Never before in all our history have [its] forces been so united against one candidate as they stand today. They are unanimous in their hatred for me – and I welcome their hatred.”President Franklin D Roosevelt – the cousin of a beloved former president and scion of two prominent New York families – was an unlikely tribune of economic populism. But amid the devastation wrought by the Great Depression, he understood that the only way to show millions of working Americans that he really had their back was to put a target on the back of his own class, economic elites.Today, in another turbulent period and facing a strong threat from Donald Trump’s anti-democratic rightwing populism, Democrats have forgotten their history. A recently released study by the Center for Working-Class Politics reveals that Democrats aren’t taking advantage of a powerful weapon in the fight against Trump: economic populism.Political candidates who are drawing more on Roosevelt’s anti-elite playbook are, however, finding success. Our study found that 2022 Democratic congressional candidates who called out economic elites while celebrating working people out-performed other candidates in places where Democrats struggle the most: districts with majority-white, non-college graduate populations and those with disproportionately higher percentages of people holding working-class occupations.Economic populists’ average vote shares were, respectively, 12.3 and 6.4 percentage points higher than other candidates’ in those places. Economic populists also performed better than other candidates in rural and small-town districts, where their average vote share was 4.7 percentage points higher. These findings are in line with previous research from the Center for Working-Class Politics that tested the impact of economic populism and similarly found that working-class voters prefer economic populists.Yet even though we know that economic populism can help Democrats win back the working-class voters – of all races – who recent polls indicate are bolting from the Democrats at a rapid pace, the report also finds that Democrats are generally allergic to running against Roosevelt’s economic royalists.Indeed, less than 10% of Democratic candidates called out Wall Street, billionaires, millionaires or CEOs on their candidate websites, and a related analysis by the Center found that only about 20% of TV ads by Democrats in competitive 2022 house races did so. Less than 5% of ads invoked billionaires, the rich, Wall Street, big corporations or price gouging.Nor, despite the Biden administration’s focus on industrial policy and jobs creation, are Democrats centering bread-and-butter economic issues that resonate with the working-class voters they need to stop Trump in November. Indeed, just 30% of TV ads released by 2022 Democratic candidates in competitive districts focused primarily on bread-and-butter economic issues, from high-quality jobs to reining in drug and consumer costs.The other 70% prioritized abortion, resistance to Trump and Republican extremism or individual candidate qualities. A mere 18% of these ads said anything at all about jobs, less than 2% talked about the need for high-quality, good-paying or unionized jobs, and virtually none talked about specific policy proposals to create better employment – like generating new manufacturing positions or expanding job training programs.As a result, despite Democrats’ progressive economic policy goals, many voters simply don’t associate them with the ideas that will improve their lives. They feel that Trump – with his constant barrage of rhetorical attacks on the rich and powerful – understands their pain better than the elites who write Democrats’ campaign checks.Simply, the Democratic party faces an image crisis among working-class voters as severe as any we’ve seen since the 1960s.This is not to say that there are no Rooseveltian anti-elite populists in the Democratic camp. Indeed, candidates such as Marie Gluesenkamp Perez and Tim Ryan embraced this kind of rhetoric and overperformed relative to President Biden’s 2020 margins in difficult races with large working-class electorates. But there are vanishingly few candidates who combined full-throated economic populism with the ambitious economic policies Democrats need to send working-class voters a credible message that they really understand and care about the issues they care about.Why are Democrats so loth to attack economic elites? There are many reasons – both ideological and political – but the party’s anti-populist bias is probably related to the changing class dynamics of its electoral and donor base. Research by Sam Zacher shows that the Democratic party has increasingly relied on affluent, highly educated voters to make up for their declining support among the working class. Zacher emphasizes that the Democrats’ increasingly affluent base has been reflected in the party’s policy priorities – which carefully avoid proposals that might directly challenge the interests of economic elites.Without a major course correction, Democrats’ elite bias means they will continue to resist rhetorical class war against the plutocrats and the bold economic reforms needed to overcome decades of perceived neglect among working-class voters.In the short-term, if Democrats don’t change course, the Republican party will look more and more appealing to working-class voters, and the electoral math for Democrats in working-class-heavy swing states such as Michigan and Pennsylvania will become increasingly dire.In the long term, unless Democrats can make credible appeals to working-class voters through policy and rhetoric, we face the prospect of a long-term class realignment with the affluent and poor on the Democratic side and the working class on the Republican. This would negate any possibility of forging a majoritarian coalition to deliver the economic reforms working people so desperately need, and would guarantee that culture war rather than class war defines American politics for the foreseeable future.To fix this problem and defeat Trumpism, progressives must take a page from President Roosevelt’s playbook and call out economic elites as the main obstacle to rebuilding working-class communities.
    Jared Abbott is the director of the Center for Working-Class Politics
    Bhaskar Sunkara is the president of the Nation, founding editor of Jacobin, and author of The Socialist Manifesto: The Case for Radical Politics in an Era of Extreme Inequalities More

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    America’s ‘news deserts’ and what it means for democracy – podcast

    In the run-up to this year’s election, President Joe Biden has warned that American democracy is at stake. But when it comes to the democratic process of an entire nation, might the solution be local?
    In an age of declining print media, losses of local newspapers and journalists are creating ‘news deserts’: areas bereft of a local paper. But does this matter, or is local news just a collection of obituaries and classifieds? Especially when rolling news coverage can be found online?
    This week, Joan Greve speaks to the journalist and local news campaigner Steven Waldman, who argues that in an election year of increasing polarisation, we need local news more than ever. They will discuss why local journalism is a fundamental part of building communication, scrutiny and trust – and what can be done to save it

    How to listen to podcasts: everything you need to know More

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    Biden ally warns Democrats against relying on threat to democracy message

    Wes Moore, the governor of Maryland and campaign surrogate for Joe Biden, has warned of the limitations of an election message centred on the threat to democracy posed by Donald Trump.In January the US president gave a rousing speech about the need to protect democratic institutions from Trump, now his rival in the 2024 election, and the Biden campaign has promised to put the issue front and centre.But Moore, who is Maryland’s first Black chief executive and only the third Black governor ever elected in the nation, said that voters are focused on cost-of-living, housing and healthcare issues.“When you’re talking to a lot of folks – and I can tell you specifically when you’re talking to folks in communities I grew up in and my old neighbours – the threat to democracy is not something that’s on people’s everyday thought list or the things that they’re prioritising,” the governor told reporters in Washington on Thursday.“They’re prioritising things like how expensive prescription drugs are. They’re prioritising things like we have a housing crisis that we have to address. They’re prioritising things like you graduated from college – or maybe you did not graduate from college, you just took college courses 23 years ago – and you’re still paying off debt.“That’s the thing that they’re talking about and so I think that’s the message that we need to continue to resonate, because on those issues and so many more the president actually has a story to tell.”Biden can point to an increase in housing inventory and measures that make it easier to build affordable housing, Moore argues, as well as a cap on insulin prices and steps to reinforce and expand the Affordable Care Act, which Trump has threatened to undermine.The danger to democracy from Trump is “very real”, the governor acknowledged. “We are literally talking about a person where some of the first decisions are going to have to be about his own personal freedom. But I think things that people are going to vote on are the things that they are waking up to every single morning and which person, which candidate, has those interests at heart.”Moore, 45, a Rhodes scholar and former paratrooper who saw combat in Afghanistan, is widely tipped as a potential future presidential candidate. He insists that he is not thinking about such speculation but does intend to be a highly active surrogate for the Biden-Harris re-election campaign in the coming months.The governor urged the grassroots “uncommitted” movement, which racked up tens of thousands of Democratic primary votes in Michigan and Minnesota in protest at Biden’s handling of the war in Gaza, to consider the potential perils of withholding their support in November.“I would argue to the people who voted uncommitted that elections do have consequences and, if you think that you are going to get something better from the other binary choice on this, a person who has during no point showed any sense of compassion towards what’s happening overseas, a person who when they think about what becomes the future of Gaza, the real estate prospects is probably a more interesting conversation – if you think that’s a better option then I would just ask you to look deeply into your heart and into your soul.” More

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    Judge confirms monitor to oversee Trump business empire’s finances – as it happened

    Retired federal judge Barbara Jones, who has been monitoring the finances of Donald Trump’s business empire, the Trump Organization, for over a year, has been confirmed to stay in that role for three more years, a judge decided today.Judge Arthur Engoron, in New York, who presided in Trump’s civil fraud trial in recent months, made the announcement on Thursday. The former US president has so far been unable to raise a massive bond of $454m to cover the fine imposed by Engoron for the fraudulent conduct, ABC news reported.As part of his judgment, he also announced that a monitor would oversee the Trump Organization and Jones will now have the power to crawl all over the family business empire’s books and also suggest changes to how it operates.Engoron issued his financial punishment to Trump and co-defendants, including his two adult sons, Don Jr and Eric, last month. The New York attorney general, Letitia James, sued Trump for inflating the value of his assets on government financial statements.Congress appears on course to avert a partial government shutdown that would have begun over the weekend, after Republican and Democratic leaders agreed to a compromise funding the departments where spending has not yet been authorized. Both parties touted wins in the deal, with Republicans pointing to its cuts to Unrwa, the United Nations agency for Palestinian refugees, and the White House cheering its funding for the homeland security department, while warning more was needed. But as with all things in Congress, nothing is sure until it passes, and the House and Senate have until Friday if they want to prevent several federal departments from closing.Here’s what else happened today:
    Manhattan district attorney Alvin Bragg said no further delays in Donald Trump’s hush-money trial were necessary. We’ll see if a judge agrees.
    Barbara Jones, a retired federal judge, had her term monitoring Trump’s finances extended for another three years.
    The Republican Study Committee released its conservative budget proposal, which is meant to signal GOP priorities. Joe Biden seized on it to argue Republicans want to cut social security and ban abortion nationwide.
    Top House Republicans called on Hamas to release hostages taken on 7 October, and Qatar and Egypt to pressure the group.
    Are you better off now than you were four years ago? Trump asked. The Biden campaign answered.
    An air force intelligence analyst is alleged to have shared classified information with supporters of a group that predicts a second civil war in the United States, the Washington Post reports, citing a newly unsealed FBI affidavit.The incident is similar to that of Jack Teixeira, a Massachusetts air national guard member who has pleaded guilty to charges related to sharing troves of classified information with gamers on the platform Discord. In the newly revealed case, air force intelligence analyst Jason Gray used Discord to share a smaller amount of classified material, and is currently jailed after being found with child pornography.Here’s more on that, from the Post:
    Investigators said that Jason Gray shared information that he “likely obtained” from his access to National Security Agency intelligence while he served at a base in Alaska, according to the affidavit, which was dated November 2022 and accompanied a search warrant for a Discord account that Gray said he operated.
    At the time the FBI sought the warrant, Gray had already admitted to Air Force investigators that he had created a Facebook group for supporters of the loosely-organized, anti-government Boogaloo movement, whose followers anticipate a second U.S. civil war. Gray, whom investigators described as unhappy with his military career, participated in several pro-Boogaloo Discord channels and shared the classified NSA intelligence with seven other individuals possibly “in furtherance of the Boogaloo ideology,” the affidavit stated.
    …
    It wasn’t immediately clear if investigators initially suspected Gray of sharing classified information on Discord when he consented to let them examine his account. But given that he had been discovered months before Teixeira was arrested, the incident raises questions about what the Defense Department knew about personnel who were able to share highly guarded government secrets on a chat platform.
    Progressive lawmakers, led by independent senator Bernie Sanders and Democratic congresswoman Alexandria Ocasio-Cortez, today unveiled another proposal for a “green New Deal” for public housing.In a speech at the Capitol, Ocasio-Cortez cast the policy as a way both to lower housing costs and to fight the climate crisis, while providing well-paid union jobs:Here’s more on the progressive push, from the Guardian’s Dharna Noor:Donald Trump may have been indicted four times, but each of his criminal trials is facing delays of various sorts that could leave them unresolved before the 5 November presidential election. In his prosecution in Florida for allegedly hiding classified documents, the Guardian’s Hugo Lowell reports that the judge overseeing the case appears sympathetic to some of his most far-fetched arguments, which have slowed the proceedings:The federal judge overseeing Donald Trump’s prosecution on charges of retaining classified documents appears to be entertaining his most brazen defenses that could ultimately result in ensuring the acquittal of the former president.The issue revolves around an order from the US district judge Aileen Cannon on Monday asking Trump and prosecutors in the office of the special counsel Jack Smith to draft jury instructions for two scenarios that gave extraordinary credit to Trump’s defense theories.The two jury instruction scenarios, as conceived by Cannon, were so beneficial to Trump and so potentially incorrect on the law of the Espionage Act that it would bring into serious doubt whether it made sense for prosecutors to take the case to trial.In her two-page order, Cannon asked for both parties to draft jury instructions supposing it was true that Trump had the power under the Presidential Records Act to turn any White House document – classified or not – into personal records: records he was authorized to retain.The authorization issue is key to the case because Trump was indicted for unlawfully retaining national security materials under the Espionage Act. If Trump could show that he was somehow authorized to keep the documents at Mar-a-Lago, it would preclude his prosecution.Manhattan district attorney Alvin Bragg told a judge today that after reviewing recently obtained documents, he does not believe any further delays are necessary in Donald Trump’s case over alleged hush-money payments.Bragg’s case was to be the first of Trump’s four criminal indictments to go to trial, with jury selections set to begin Monday. But Bragg last week asked for a delay of 30 days so lawyers could reviews documents received from federal prosecutors, who had previously investigated whether Trump paid an adult film star not to speak out about a sexual encounter.A judge agreed with that request, but in a filing today, Bragg said there was no need to delay the case further, arguing there has been “more than enough time for the parties to review what the people now have good reason to believe is the limited number of relevant records in the [federal prosecutors’] recent productions. This court should accordingly deny defendant’s request for more extreme sanctions.”Speaking of Donald Trump’s finances, the former president may get a lifeline on Friday if shareholders allow him to float his media company. But a clause in the deal means it’s unlikely to resolve his issues paying a massive civil fraud judgment. Here’s more on that, from the Guardian’s Dan Milmo:Donald Trump’s wealth is set to increase by about $3.4bn (£2.7bn) if a shareholder vote on Friday paves the way for the float of his Trump Media business.The former US president is preparing to list Trump Media & Technology Group, which operates the Truth Social tech platform, via a merger with a special purpose acquisition company, or Spac.The Spac, called Digital World Acquisition, has scheduled a vote on the merger with Trump Media for Friday. However, there are complications around the planned vote after Digital World sued sponsor ARC Global Investments, which is trying to delay the deal, to back the merger.If the merger goes ahead and Trump Media goes public as soon as next week, the presumptive Republican presidential nominee would not be able to cash in any of his potential paper wealth immediately. The merger document contains a provision that blocks major shareholders from selling stock for six months.Trump’s finances are under pressure as he prepares to contest the US presidency with the incumbent, Joe Biden, for a second time. Last month Trump was formally ordered by a New York judge to pay $454m following a civil fraud case, in which the former president was found to have manipulated the value of his properties to obtain advantageous loan and insurance rates.Retired federal judge Barbara Jones, who has been monitoring the finances of Donald Trump’s business empire, the Trump Organization, for over a year, has been confirmed to stay in that role for three more years, a judge decided today.Judge Arthur Engoron, in New York, who presided in Trump’s civil fraud trial in recent months, made the announcement on Thursday. The former US president has so far been unable to raise a massive bond of $454m to cover the fine imposed by Engoron for the fraudulent conduct, ABC news reported.As part of his judgment, he also announced that a monitor would oversee the Trump Organization and Jones will now have the power to crawl all over the family business empire’s books and also suggest changes to how it operates.Engoron issued his financial punishment to Trump and co-defendants, including his two adult sons, Don Jr and Eric, last month. The New York attorney general, Letitia James, sued Trump for inflating the value of his assets on government financial statements.The draft US security council resolution on Gaza marks a shift in the American position, but it is a nuanced shift, retaining the linkage between a ceasefire and hostage release while loosening that linkage and emphasising that an immediate end to hostilities is the priority.The primary focus for now is the hostage negotiations underway in Qatar which are moving into high gear again, with CIA and Mossad chiefs, William Burns and David Barnea expected to fly into Doha on Friday.The US draft resolution is designed to provide a sense of urgency to those talks. It also represents an attempt by the Biden administration to keep pressure on Hamas while seeking to regain some international credibility and mend ties with allies after three vetoes of UN ceasefire resolutions.The latest veto was cast on 20 February, on an Algerian ceasefire resolution. At the time the US envoy to the UN, Linda Thomas-Greenfield, insisted that an unconditional ceasefire could derail the talks on a hostage deal, which Washington portrayed as the best way to a sustainable truce. The US mission at the UN circulated an alternative text which the security council “underscores its support for a temporary ceasefire in Gaza as soon as practicable, based on the formula of all hostages being released.”A month has passed since then, however. There has been no hostage deal and Gaza has slipped much further towards absolute catastrophe, with a UN panel of experts warning that a famine is imminent. The US is struggling to avoid the accusation of complicity in that disaster, and February’s version of the text now looks all the more complacent.The new version of the draft resolution circulated on Thursday morning represents stronger language.The full article of which the above is an extract will be launched online by the Guardian very soon. All eyes are on the United Nations headquarters in New York to see what happens next.Congress appears on course to avert a partial government shutdown that will begin over the weekend, after Republican and Democratic leaders agreed to a compromise funding the departments where spending has not yet been authorized. Both parties touted wins in the deal, with Republicans pointing to its cuts to UNRWA, the United Nations agency for Palestinian refugees, and the White House cheering its funding for the homeland security department, while warning more was needed. But as with all things in Congress, nothing is sure until it passes, and the House and Senate have until Friday to do that if they want to prevent several federal departments from closing.Here’s what else is going on today:
    The Republican Study Committee released its conservative budget proposal, which is meant to signal GOP priorities. Joe Biden seized on it to argue Republicans want to cut Social Security and ban abortion nationwide.
    Top House Republicans called on Hamas to release hostages taken on 7 October, and Qatar and Egypt to pressure the group.
    Are you better off now than you were four years ago, Donald Trump asked. The Biden campaign answered.
    Yesterday, at the conclusion of their latest hearing in their troubled impeachment investigation into Joe Biden, oversight committee chair James Comer proposed having the president himself testify. The White House’s reaction? “LOL”. Here’s more, from the Guardian’s Martin Pengelly:A White House spokesperson poured cold water on Republicans’ stated intention to invite Joe Biden to testify in public in his own impeachment hearings, lamenting “a sad stunt” and telling the rightwing congressman steering the effort: “Call it a day, pal.”James Comer of Kentucky, the Republican chair of the House oversight committee, has led attempts to impeach the president over alleged corruption involving the business dealings of his son Hunter Biden.At the end of a long hearing on Wednesday, Comer said: “In the coming days I will invite President Biden to the oversight committee to provide his testimony and explain why his family received tens of millions of dollars … We need to hear from the president himself.”Ian Sams, the White House spokesperson for oversight and investigations, responded swiftly and brutally.“LOL,” Sams wrote, adding a face-palm emoji.He added: “Comer knows 20-plus witnesses have testified that [Joe Biden] did nothing wrong. He knows that the hundreds of thousands of pages of records he’s received have refuted his false allegations. This is a sad stunt at the end of a dead impeachment. Call it a day, pal.”On his Truth Social network, Donald Trump recently asked a question presidential candidates have posed to voters for more than 40 years: are you better off now than you were four years ago?On X, Joe Biden’s campaign seized on the post to remind Americans that the last ten months of Trump’s presidency were catastrophic, as Covid-19 devastated the economy upended daily life, and killed hundreds of thousands of people:The White House said it “strongly supports” passage of the bill to fund the remaining federal departments that have not yet had spending authorized for the 2024 fiscal year, calling it “a compromise between Republicans and Democrats” that would invest “in key priorities for the American people”.But in their statement, the Office of Management and Budget has one quibble. It notes that the Biden administration “fought for and secured additional resources in H.R. 2882 so that the Department of Homeland Security (DHS) can maintain its current capacity to manage the border”, which is seeing a surge in migrant arrivals, but that funding won’t be sufficient:
    However, DHS funding levels are still inadequate and the Administration reiterates its call to the Congress to take up and pass the bipartisan border security agreement, which would provide DHS with policy changes and resources it needs to better secure our border and protect the homeland.
    The bipartisan border security agreement they are referring to appears to be dead, killed by Republicans who felt it did not go far enough – even though their lawmakers were involved in negotiating it.Congress is in the midst of passing a consensus budget that will avert a government shutdown set to begin over the weekend. But, as it does every year, the conservative Republican Study Committee (RSC) yesterday released a budget proposal that would enact a number of rightwing policies on everything from immigration to abortion to taxation.The RSC is the largest caucus among House Republicans, and its budget is meant to show where lawmakers stand on various issues. It’s also fodder for Democrats, as they seek to convince voters that Republican intend to enact extreme policies. Here’s what Joe Biden has to say about it, in a statement:
    My dad had an expression, “Don’t tell me what you value. Show me your budget, and I’ll tell you what you value.” The Republican Study Committee budget shows what Republicans value. This extreme budget will cut Medicare, Social Security, and the Affordable Care Act. It endorses a national abortion ban. The Republican budget will raise housing costs and prescription drugs costs for families. And it will shower giveaways on the wealthy and biggest corporations. Let me be clear: I will stop them.
    A summary of the RSC’s budget can be found here.The Biden administration’s plans to at the United Nations call for a ceasefire in Gaza may mark a significant shift in its policy towards Israel, the Guardian’s Julian Borger and Peter Beaumont report:The US has drafted a new UN security council resolution calling for an “immediate ceasefire” and hostage deal in Gaza, amid mounting pressure on Israel to halt its military campaign and allow the delivery of substantial amounts of humanitarian aid into the Palestinian territory.The secretary of state, Antony Blinken, presented the resolution as calling for “an immediate ceasefire tied to the release of hostages”.The US has consistently argued that the route to a ceasefire has to be through a hostage deal, but the new draft resolution presented on Thursday, seen by the Guardian, is more ambiguous about the linkage.The draft says the UN security council “determines the imperative of an immediate and sustained ceasefire to protect civilians on all sides, allow for the delivery of essential humanitarian assistance, and alleviate humanitarian suffering, and towards that end unequivocally supports ongoing international diplomatic efforts to secure such a ceasefire in connection with the release of all remaining hostages”.A European diplomat at the UN said the stress on an “immediate” ceasefire and the phrase “towards that end” showed significant movement in the US position. “I think it is a shift in saying that a ceasefire is not contingent on a specific deal,” the diplomat said.Three top-ranking Republicans in the House, speaker Mike Johnson, majority leader Steve Scalise and foreign affairs committee chair Michael McCaul, have called on Hamas to release the remaining hostages taken in the 7 October attack, and on Qatar and Egypt to use their leverage to get the group to accept a deal:
    It is despicable that Hamas continues to hold over 130 innocent civilians hostage, including American citizens, nearly half a year later. As negotiations to secure their release resume, we urge Qatar and Egypt to use all of their leverage to immediately secure the release of the hostages on reasonable terms. There must be tangible, severe consequences for delaying or impeding negotiations, and Hamas should understand that delays or further harm to these civilians will come at a cost. Lives are at stake and time is of the essence. Continued negotiations should carry a vital sense of urgency.
    Donald Trump’s campaign and his Save America Pac reported raising a combined $15.9m in February and ended the month with more than $37m on hand, according to filings with the Federal Election Commission last night.That is up from January, when the committees raised only $13.8m, but it is still lagging behind Joe Biden’s campaign, which said he and the Democratic National Committee raised $53m last month and ended February with $155 on hand.In a statement, Trump’s campaign communications director, Steven Cheung, said:
    Americans know that they were better off with President Trump four years ago than with Crooked Joe Biden and his disastrous policies. We need a return to America First policies that successfully kept our country safe and supercharged the economy for all Americans.
    “If Donald Trump put up these kinds of numbers on The Apprentice, he’d fire himself,” Biden’s campaign communications director, Michael Tyler, said in a statement.The US government on Thursday filed a sprawling antitrust case against Apple, alleging that the tech giant has illegally prevented competition by restricting access to its software and hardware.The case is a direct challenge to the company’s core products and practices, including its iMessage service and how devices such as the iPhone and Apple Watch connect with one another.The lawsuit, filed in federal court in New Jersey, alleges that Apple has monopoly power in the smartphone market and uses its control over the iPhone to “engage in a broad, sustained, and illegal course of conduct”, the Associated Press reported.The US Department of Justice’s suit against Apple is a landmark case targeting the most valuable publicly traded company in the world and follows a raft of antitrust suits aimed at big tech. Amazon, Apple, Meta and Google have all faced investigations from regulators in recent years, both in the United States and Europe, over allegations that they have consolidated power while illegally stifling competition. All have market capitalizations above a trillion dollars. More

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    Trump pleads with supporters for cash to help pay soaring legal bills

    Donald Trump on Thursday again asked loyal supporters for cash to help him meet mounting legal expenses and keep the “filthy hands” of the New York attorney general off Trump Tower and other properties.The appeal came as Trump faced an imminent deadline to pay a huge bond from a New York fraud trial that ended in a $454m civil judgment against him for overstating his net worth and the value of his real estate properties. If he is unable to post it, authorities could start to seize the former US president’s assets.Under the headline “Keep your filthy hands off Trump Tower!” a Trump fundraising email sent to supporters read: “Insane radical Democrat AG Letitia James wants to SEIZE my properties in New York. This includes the iconic Trump Tower.”The twice-impeached Trump – currently the presumptive Republican presidential nominee – continued: “Democrats think that this will intimidate me. They think that if they take my cash to stifle my campaign, that I’ll GIVE UP!“But worst of all? They think that YOU will abandon me, and that you will GIVE UP on our country. Here’s one thing they don’t know: WE WILL NEVER SURRENDER!”Trump did surrender last August, to state authorities in Georgia in a case now concerning 10 election subversion charges. Facing 78 other criminal charges (for election subversion, retention of classified information and hush-money payments), he has used his Georgia mugshot in fundraising appeals.In New York, Trump faces 34 criminal charges in the hush-money case and recently paid a $92m bond to cover his appeal in a civil case arising from a rape allegation a judge called “substantially true”.But his chief concern in the state at present is meeting obligations while appealing a multimillion-dollar civil judgment in the civil business fraud case successfully brought by James in New York.Lawyers for Trump said this week he could not find surety companies willing to cover the full $454m bond, making it “a practical impossibility” to pay in full.Payment is due on Monday. If the bond is not paid, James will be entitled to begin seizing and selling Trump properties.Doing so will be politically precious but James said last month: “If he does not have funds to pay off the judgment, then we will seek judgment enforcement mechanisms in court, and we will ask the judge to seize his assets.“We are prepared to make sure that the judgment is paid to New Yorkers, and yes, I look at 40 Wall Street each and every day.”That property, the Trump Building, is in lower Manhattan. Trump Tower, which Trump built in the early 1980s and lived in until becoming president in 2017, is in midtown, a Fifth Avenue landmark.On Thursday, James’s office reportedly made preliminary steps in Westchester county which suggested a Trump-owned golf course and estate north of Manhattan could be in line to be seized. Similar steps have been taken in New York City. CNN said steps had not yet been taken in Florida, where Trump lives and owns golf courses, or in Chicago where he owns a hotel.ABC reported the reappointment for three years of Barbara Jones, a retired federal judge who has been overseeing Trump Organization finances since November 2022.Trump used his Truth Social platform – from which he reportedly stands to make $3.4bn if its parent company lists on the stock market – to allege that the judge in the case “picked a number out of THIN AIR … and wants me to bond it, which is not possible for bonding companies to do in such a high amount, before I can even appeal.“That is CRAZY! If I sold assets, and then won the appeal, the assets would be forever gone. Also, putting up money before an appeal is VERY EXPENSIVE. When I win the appeal, all of that money is gone, and I would have done nothing wrong.”Trump’s financial woes already extend to the campaign trail.On Wednesday, Federal Election Commission filings showed that a political action committee tied to Trump spent $5.6m on legal expenses in February and in all had received from a pro-Trump Super Pac more than $50m to cover legal costs.Filings also showed Trump far behind Joe Biden in fundraising for the November election. Trump’s campaign raised nearly $22m in February and had $42m on hand. The Biden campaign raised about $53m and had $155m on hand.Biden’s campaign communications director, Michael Tyler, said: “If Donald Trump put up these kinds of numbers on The Apprentice [the NBC reality show he fronted from Trump Tower before entering politics], he’d fire himself.”According to the Washington Post, which cited four sources close to Trump, the former president is not considering declaring bankruptcy, a move which would delay payment in the civil fraud case, because of the damage doing so might do to his campaign.On Thursday, on Truth Social, Trump also called Judge Arthur Engeron “crooked” and James, who is Black, “corrupt and racist”, alleging both were involved in “election interference”.In his fundraising email lamenting the threat to Trump Tower, he said donations would help send “Biden’s corrupt regime … the message … that our patriotic movement CANNOT BE STOPPED!“So before the day is over, I’m calling on ONE MILLION Pro-Trump patriots to chip in and say, STOP THE WITCH HUNT AGAINST PRESIDENT TRUMP!” More