More stories

  • in

    Tesla shares dive as investors fear new Elon Musk political party will damage brand

    Shares in Tesla are heading for a sharp fall in the US as investors fear Elon Musk’s launch of a new political party will present further problems for the electric carmaker.Tesla stock was down more than 7% in pre-market trading on Monday, threatening to wipe approximately $70bn (£51bn) off the company’s value when Wall Street opens.If the shares fell by that much, the value of Musk’s stock would fall by more than $9bn to about $120bn. The Tesla and Space X boss remains comfortably the world’s richest person, with a wealth of about $400bn, according to Forbes.Tesla is valued at just under $1tn but its shares have come under pressure owing to the Tesla CEO’s relationship with Donald Trump.First, Musk’s strong support for the US president created a consumer backlash and now the antagonistic turn in his relationship with Trump has investors worried Musk will be distracted from his day job, or that the White House will punish his businesses.Dan Ives, analyst at Wedbush Securities, said Musk’s announcement that he is bankrolling a US political party will alarm investors.“Very simply, Musk diving deeper into politics and now trying to take on the Beltway establishment is exactly the opposite direction that Tesla investors/shareholders want him to take during this crucial period for the Tesla story,” Ives said, adding that there was a “broader sense of exhaustion” among Tesla investors that Musk – the company’s largest shareholder – will not stay out of politics.Trump on Sunday called Musk’s plans to form the America party “ridiculous”, launching new barbs at the world’s richest person.skip past newsletter promotionafter newsletter promotionIn a post on the Truth Social tech platform, Trump wrote: “I am saddened to watch Elon Musk go completely ‘off the rails,’ essentially becoming a TRAIN WRECK over the past five weeks.”Musk announced the creation of the America party on his X platform at the weekend. He wrote: “When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy. Today, the America party is formed to give you back your freedom.” More

  • in

    Trump and US commerce secretary say tariffs are delayed until 1 August, sparking confusion

    Donald Trump has said his administration plans to start sending letters on Monday to US trade partners dictating new tariffs, amid confusion over when the new rates will come into effect.“It could be 12, maybe 15 [letters],” the president told reporters, “and we’ve made deals also, so we’re going to have a combination of letters and some deals have been made.”With his previously announced 90-day pause on tariffs set to end on 9 July, the president was asked if the new rates would come into effect this week or on 1 August, as some officials had suggested.“No, there are going to be tariffs, the tariffs, the tariffs are going to be, the tariffs,” the president began uncertainly. “I think we’ll have most countries done by July 9, yeah. Either a letter or a deal.”Sensing the confusion, his commerce secretary, Howard Lutnick, jumped in to add: “But they go into effect on August 1. Tariffs go into effect August 1, but the president is setting the rates and the deals right now.”In April, Trump announced a 10% base tariff rate on most countries and additional duties ranging up to 50%, although he later delayed the effective date for all but 10% duties until 9 July.The new date of 1 August offers countries a further three-week reprieve but also plunges importers into an extended period of uncertainty because of the lack of clarity around the tariffs.Stock markets slipped in Asia on Monday amid the confusion. Japan’s Nikkei lost 0.3%, while South Korean stocks fell 0.7%. MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.1%.European stocks were mixed. In the UK, the blue chip FTSE 100 index slipped 0.3%, with Shell and BP the biggest fallers on the back of weaker oil prices. The German Dax index rose by 0.3%, while in France the Cac 40 was broadly flat. The Stoxx Europe 600, which tracks the biggest companies on the continent, was also flat.Industrial metals dropped, with copper down by 0.6% to $9,808 per tonne on the London Metal Exchange. Aluminium fell by 1.1% to $2,561 a tonne on the exchange, where all major metals were trading lower on Monday morning.In an update on his social media platform Truth Social, Trump said the US would begin delivering “TARIFF Letters, and/or Deals” from noon ET on Monday.“Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy,” he added in a separate post, referring to the developing nations bloc that includes Brazil, Russia, India, China and South Africa.After a summit in Brazil on Sunday, Brics leaders had issued a joint statement raising “serious concerns about the rise of unilateral tariff” measures, which they said risked hurting the global economy.On Monday, the Chinese government said it opposed tariffs being used as a tool to coerce others. Mao Ning, a spokesperson for the Chinese foreign ministry, said the use of tariffs served no one.Scott Bessent, the US treasury secretary, told CNN’s earlier on Sunday that several big announcements of trade agreements could come in the next days, noting that the EU had made good progress in its talks.He said Trump would also send out letters to 100 smaller countries with whom the US does not have much trade, notifying them that they would face higher tariff rates first set on 2 April and then suspended until 9 July.“President Trump’s going to be sending letters to some of our trading partners saying that if you don’t move things along then on August 1 you will boomerang back to your April 2 tariff level. So I think we’re going to see a lot of deals very quickly,” Bessent told CNN.Since taking office, Trump has set off a global trade war that has roiled financial markets and sent policymakers scrambling to guard their economies, including through deals with the US and other countries.Bessent said on Friday that negotiations were focused on 15 to 18 agreements with important partners. So far, Trump has signed deals with only two of the 60 countries he threatened with tariffs in April – the UK and Vietnam.Indonesia, with which the EU hopes to sign a trade deal by the end of the summer, will sign a deal to import at least 1m tonnes of US wheat annually for the next five years, the country’s flour mills association told AFP on Monday, as Jakarta lays the groundwork to avoid the worst of Trump’s tariffs. More

  • in

    Trump news at a glance: markets react with confusion as Trump appears to move goal posts on tariffs again

    Stock markets slipped amid confusion as to when – and at what level – new US tariffs would be applied, as Donald Trump’s self-imposed 9 July deadline edged closer.The US is close to finalising several trade agreements in the coming days and will notify other countries of higher tariff rates by Thursday, the president said on Sunday, with the higher rates to take effect on 1 August.“President Trump’s going to be sending letters to some of our trading partners saying that if you don’t move things along, then on August 1 you will boomerang back to your April 2 tariff level,” treasury secretary Scott Bessent told CNN.Trump in April announced a 10% base tariff rate on most countries and higher “reciprocal” rates ranging up to 50%. However, Trump also said levies could range in value from “maybe 60% or 70% tariffs to 10% and 20%”, further clouding the picture.With very few actual trade deals done, analysts had suspected the date would be pushed out, though it was still not clear if the new deadline applied to all trading partners or just some.Trump and US commerce secretary say tariffs will come into effect 1 AugustTrump said on Sunday that his administration plans to start sending letters on Monday to US trade partners, dictating new tariff rates to be imposed on goods they sell to Americans. “It could be 12, maybe 15,” the president told reporters, “and we’ve made deals also, so we’re going to have a combination of letters and some deals have been made.”Kevin Hassett, who heads the White House National Economic Council, told CBS that there might be wriggle room for countries engaged in earnest negotiations. “There are deadlines, and there are things that are close, and so maybe things will push back past the deadline,” Hassett said, adding that Trump would decide if that could happen.Read the full storyTrump says Musk is ‘off the rails’ and calls his new political party ‘ridiculous’Donald Trump called Elon Musk’s decision to start and bankroll a new US political party “ridiculous” on Sunday. “Third parties have never worked, so he can have fun with it but I think it’s ridiculous,” the president told reporters traveling with him back to the White House from his New Jersey golf club.He then elaborated, at great length, in a post on his social media platform, Truth Social. “I am saddened to watch Elon Musk go completely ‘off the rails,’ essentially becoming a TRAIN WRECK over the past five weeks,” the president wrote.Read the full storyBenjamin Netanyahu travels to Washington as ceasefire talks reach critical pointTrump said he believed a hostage release and ceasefire deal could be reached this week, which could lead to the release of “quite a few hostages.”He was speaking after Benjamin Netanyahu left Israel for talks in Washington, praising Trump’s return to the presidency.“We have never had such a friend in the White House … We have already changed the face of the Middle East beyond recognition, and we have an opportunity and the ability to change it further and to enable a great future for the state of Israel, the people of Israel and the entire Middle East,” Israel’s prime minister told reporters.Read the full storyAnalysis: Maga influencer and de facto national security adviser Laura Loomer holds outsized sway on TrumpLaura Loomer has emerged as the most prominent Maga America First influencer in the early days of Trump’s second term.In early April, Loomer, a 32-year-old pro-Trump online influencer widely seen as a rightwing conspiracy theorist, met with Trump and gave him a list of names of people on the staff of the national security council that she believed were not loyal enough to Trump or at least had professional backgrounds that she considered suspect. Trump fired six staffers.Later, national security adviser Mike Waltz, whom Loomer had criticized for his role in the Signalgate chat leak scandal, was ousted as well.Read the full storyTexas death toll rises as Trump refuses to say whether he still plans to shut FemaDonald Trump announced on social media that he had signed a federal emergency declaration that would free additional resources to support local efforts in search and rescue operations in Texas after deadly flooding. Trump also posted a letter saying federal efforts would be coordinated by Benjamin Abbott of the Federal Emergency Management Agency (Fema). In May, that agency’s acting administrator was fired after he told Congress he did not believe it was “in the best interest of the American people to eliminate” Fema, which Trump has said he plans to do.Asked on Sunday if he is still planning to phase out Fema, Trump told a reporter: “Well, Fema is something we can talk about later, but right now they’re busy working.”Read the full storyWhat else happened today:

    David Smith asks if Trump’s expansion of presidential powers is setting the stage for future Oval Office holders?

    Adam Gabbatt writes that although Trump’s mega-bill has been widely criticized in the press, Fox News sees it differently.
    Catching up? Here’s what happened 5 July. More

  • in

    Musk should stay out of politics, treasury secretary says after ‘America’ party news

    Elon Musk should focus on running his companies and keep himself out of politics, Donald Trump’s treasury secretary said on Sunday, a day after the world’s richest person – and a former White House adviser – announced the formation of a new political party.“The principles of Doge were very popular – I think if you looked at the polling Elon was not,” Scott Bessent said on CNN’s State of the Union, referring to the so-called “department of government efficiency” that Musk temporarily headed after Trump’s second presidency began in January.Opinion polls found Doge and Musk’s work implementing brutal spending and job cuts within the federal government to be deeply unpopular. And Bessent alluded to how investors in Musk’s companies – including the electrical vehicle maker Tesla, whose sales have suffered during Doge’s existence – publicly pleaded for his time with the Trump administration to be short-lived.“So I believe that the boards of directors at his various companies wanted him to come back and run those companies,” Bessent remarked. “I imagine that those boards of directors did not like this announcement yesterday, and will be encouraging him to focus on his business activities, not his political activities.”Bessent’s reaction came after Musk delivered on his promise to form and bankroll a new US political party, and accused his one-time ally Trump of “bankrupting” the country by signing his massive tax and spending bill into law.The tech billionaire announced the creation of the America party in a series of posts late on Saturday and early Sunday to X, the social media platform he owns.“When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,” he wrote.“Today, the America Party is formed to give you back your freedom.”Musk, who was appointed to slash federal spending through the unofficial Doge from January through May, has been a vocal critic of Trump’s “big, beautiful bill” that the non-partisan Congressional Budget Office said would increase the national deficit by $3.3tn (£2.85tn) through 2034.It provides substantial tax cuts for the super wealthy while slashing federal safety net welfare programs, with up to 10.6 million people losing healthcare insurance.The pair have feuded over its cost and impacts since Musk left the government in May, and on Friday, when Trump signed the bill into law in a Fourth of July picnic at the White House, the Tesla and SpaceX chief opened a poll on X: “the perfect time to ask if you want independence from the two-party (some would say uniparty) system”.Respondents voted two to one in the affirmative, Musk announced late on Saturday. He gave few details about the structure of his new venture or a timeline for its creation. But his earlier posts suggested it would focus on two or three Senate seats, and eight to 10 House districts.Both chambers of Congress are narrowly controlled by Republicans.“Given the razor-thin legislative margins, that would be enough to serve as the deciding vote on contentious laws, ensuring that they serve the true will of the people,” Musk said.Bessent was one Trump ally to quickly take a swipe at Musk’s move.Musk’s series of posts to X, which continued into the early hours of Sunday, also appeared to indicate that his on-again, off-again relationship with Trump was firmly back in negative territory.When the pair fell out earlier in the summer, Musk lashed out during an astonishing social media duel in which he stated Trump’s name was in the files relating to associates of the late pedophile and sex trafficker Jeffrey Epstein.Musk later deleted the post and apologized to the president as they embarked on an uneasy truce. On Sunday, however, Musk returned to the subject, reposting a photo of the jailed Epstein facilitator Ghislaine Maxwell that questioned why she was the only person in prison while men who engaged in sex with underage girls – a crime colloquially known in the US as statutory rape – were not.In other posts he said it would be “not hard” to break the two-party stranglehold in US politics enjoyed by Democrats and Republicans. And he questioned “when & where should we hold the inaugural American Party congress? This will be super fun!”There was no immediate comment from the White House about Musk’s announcement, but Trump has made clear his feelings about his former friend in recent days after criticism of the bill.In response to Musk’s posts calling the bill “insane”, Trump said he might “look into” deporting the South African-born, naturalized US citizen billionaire. The president also mused about slashing subsidies to his companies, especially SpaceX, which holds billions of dollars in government contracts.“Doge is the monster that might have to go back and eat Elon. Wouldn’t that be terrible?” Trump asked reporters on Tuesday.There is no requirement for new political parties in the US to register with the Federal Election Commission (FEC) initially, but reporting regulations kick in once spending surpasses what the FEC calls “certain thresholds”.Musk is estimated to have spent more than $275m of his personal fortune helping to get Trump elected to a second term in the White House in last November’s presidential election. More

  • in

    Is Trump’s expansion of presidential powers setting the stage for future Oval Office holders?

    Near corn dog and cookie vendors, Ray Seeman was washing his hands on a sweltering day. He had come to the rally in a Maga cap and a T-shirt that proclaimed: Cult 45: proud member. Is this a cult? “It seems like it,” he laughed. “It seems like you’re either in or you’re out.”A cult, perhaps, but not an imperial presidency, Seeman insisted, though he does understand Donald Trump’s frustrations. “I don’t like executive orders,” he said. “I like it to go through due process. But at the same time you’ve got to get stuff done sometimes.”A few thousand people had gathered at the Iowa state fairgrounds on Thursday to witness the president kick off a year-long celebration of the US’s 250th anniversary of independence from a tyrannical king. No one here seemed concerned that the US might now be propping up a monarch of its own. But Trump’s critics warn of an expansion of presidential power unlike anything seen in modern American history.In less than six months, Trump has taken a series of executive actions that have established new norms for the authority of whoever occupies the Oval Office. Longstanding mechanisms designed to limit executive power – Congress, the judiciary and internal safeguards – are being undermined or proving ineffective in restraining him.Last month, Trump ordered a military strike on Iran without seeking congressional approval. A solitary Republican, Thomas Massie of Kentucky, spoke out to describe the move as unconstitutional because only Congress has the power to declare war. Trump scorned him and, setting another dangerous precedent, imposed a limit on classified information shared with senators and representatives.Trump took unilateral action to impose tariffs under the cover of declaring a national emergency. He dismantled agencies, fired civil servants and froze spending that was approved by Congress and assumed to be protected by law; he has, for example, blocked more than $6bn in federal funding that helps fund after-school and summer programmes.Trump shattered another norm when he took control of California’s national guard and deployed it to quell mostly peaceful protests over immigration raids in Los Angeles, despite opposition from state governor Gavin Newsom and other state officials.The president has breached the justice department’s traditional independence, ordering it to scrutinise his political opponents and punish his critics through measures such as stripping their Secret Service protections. At the same time, he pardoned his supporters who took part in the January 6 attack on the US Capitol, abandoning any notion that pardons be used sparingly.While courts have acted to block some executive actions, the US supreme court’s recent ruling limiting nationwide injunctions and Trump’s direct attacks on judges signal the weakening of another democratic guardrail.And even as Trump brazenly accepts gifts from foreign countries, seeks to profit from the presidency through a cryptocurrency venture and bullies law firms, media companies and universities – all unthinkable under his predecessors – there is only token resistance from Congress.Republicans hold the majority in both chambers and have a cultish devotion to Trump, or visceral fear of his wrath. On Thursday, they rammed through his “big, beautiful bill” despite warnings that it will rip the social safety net from millions of Americans and add trillions of dollars to the national deficit.Hours later, a triumphant Trump was greeted in Des Moines, Iowa, by supporters in a car park festooned with 55 national flags. One man wore a T-shirt entirely covered with a photo of a bloodied Trump with fist raised after last year’s assassination attempt. A bearded vendor in a red T-shirt, checked shorts and plastic flip-flops spread red Trump 2028 caps on the ground. Flags and T-shirts declared: “Jesus is my savior. Trump is my president.”Michelle Coon, 57, a psychotherapist, denied that Trump is behaving like an autocrat. “I don’t think he has been given that kind of power,” she said. “I see people in Congress having a voice. He’s lucky enough to have both houses right now; he might not have that in two years. The supreme court has come down both on his side and against his perspective so I see it fairly balanced right now.”Coon added: “He’s a great leader but I don’t think that’s necessarily authoritarian. He’s trying to gather a lot of people around him to get good wisdom from others. I don’t think we have anything to fear here.”Josue Rodriguez, 38, a pastor who works for the National Hispanic Christian Leadership Conference, was equally sanguine. “We have a wonderful system called checks and balances where, if they feel that an individual has become all too powerful, too mighty, they have the right to take him to court and the supreme court will decide what is correct and not correct,” he said.Rodriguez also retains faith in political parties, saying: “If they feel that the president is acting in a manner that goes against the American people or what is allowed legally, he will be challenged within his own party. At the end of the day, these people want to get re-elected and they’re not going to allow things that will cause them to lose their re-elections.”But some analysts suggest that extreme partisanship is preventing effective congressional oversight, as members of the president’s party are unwilling to challenge Trump’s overreach. They are sounding the alarm about an erosion of democratic norms that could have lasting implications for future presidencies.Bill Galston, a senior fellow in governance studies at the Brookings Institution thinktank in Washington, this week initiated a new executive power project because he considers it the most important constitutional issue of the moment.“It didn’t start with President Trump but it may end there,” Galston said. “It’s hard to imagine a subsequent president seeking to advance executive power as a deliberate project to the extent that President Trump has been doing.“This is not an accident. This was something that was carefully planned as both a political strategy and a legal strategy and I have to say I’m impressed with the administration’s strategic focus on the issue of presidential power and the elimination of long-established limits to it.”Galston pointed to a drive to undermine the autonomy of so-called independent agencies. A legal challenge has been set in motion that will likely culminate in a supreme court decision next term that, Galston suspects, may effectively eliminate a 90-year precedent that guaranteed the independence of agencies.Trump is not the first American president to see how far he can go. In 1973, the historian Arthur Schlesinger Jr published The Imperial Presidency, acknowledging that, while he had cheered on Franklin Roosevelt’s New Deal, the expansion of executive authority now threatened to “override the separation of powers and burst the bonds of the Constitution”.The book was timely because the Watergate scandal and the Vietnam war saw a reassertion of congressional authority in the domestic and foreign spheres. Presidential power began to expand again, however, under Ronald Reagan.Galston noted: “Young conservatives who came of age serving in the Reagan administration chafed more and more against congressional restraints, culminating in the publication in 1989 of a collection of essays by the American Enterprise Institute called The Fettered Presidency.“So in 16 years, the adjective switches from ‘imperial’ to ‘fettered’ and I trace a lot of the modern conservative drive to expand the powers of the president at Congress’s expense to that experience.”The trend accelerated with George W Bush’s aggressive response to the September 11 2001 terrorist attacks. But other factors were in play: whereas divided government was once cause for negotiation, deepening polarisation between the parties made gridlock more likely, much to the frustration of the White House occupant.Barack Obama duly used an executive action to create the Deferred Action for Childhood Arrivals (Daca) programme. He stepped up his use of such actions in 2014 as he became frustrated with how difficult it was to push legislation through Congress, saying: “I’ve got a pen and I’ve got a phone.”Larry Jacobs, director of the Center for the Study of Politics and Governance at the University of Minnesota, said: “There’s a long history here and it’s not just Trump. Look at just this century. Bush expanded presidential powers in ways that Obama took advantage of and then Obama expanded presidential powers in ways that Trump then expanded on.“You can think of this as a loaded gun that’s left on the table in the Oval Office. It’s quite alarming. The next president who comes in, whether Democrat or Republican, is going to see the office through the eyes of their predecessor, not through the eyes of George Washington, who was leery of using his powers.” More

  • in

    The other winner in New York’s mayoral contest: ranked-choice voting | David Daley

    The polls did not look good for New York progressives this winter when the Working Families party began making its endorsements for city elections. An early February poll from Emerson College showed Andrew Cuomo with a 23-point lead in a hypothetical Democratic primary matchup. None of the four leading progressives even approached double-digit support – including the then unknown assemblyman Zohran Mamdani. He polled at 1%.In the days before ranked-choice voting, the Working Families party’s endorsement process might have looked quite different. Like-minded candidates would have drawn sharp distinctions between each other. Party officials might have looked to nudge candidates toward the exits, behind closed doors. Before any votes had been cast in the primary, the party would consolidate behind just one choice. It would have been bloody and left a bitter taste for everyone.Instead, the opposite happened. Working Families, knowing that majorities rule and that no one can spoil a ranked-choice race, endorsed four candidates. Instead of a single endorsement that served as a kiss of death for other progressives, they backed a slate, allowing voters time to tune in and for candidates to make their pitches. Now Mamdani is the Democratic nominee and the overwhelming favorite to go from 1% all the way to Gracie Mansion.There are many reasons why this 33-year-old pulled off a seemingly unthinkable upset and soared from obscurity to the most talked about Democrat in the nation overnight. He energized young people, reached voters where they are on social media and built an unstoppable coalition. He and his volunteers talked to everyone, everywhere.Ranked-choice voting (RCV) encouraged and incentivized that joyous, barnstorming approach. And while Mamdani ultimately would have won a plurality contest or a ranked-choice one, his super-long-shot candidacy might have been squelched at the very beginning under the old system with its different electoral incentives. His victory shows how much more real power voters have under ranked-choice voting.To be clear: RCV is a party-neutral and candidate-neutral tool. Its job is to produce a majority winner with the widest and deepest support from any field of more than two candidates. It puts an end to spoilers and to the impossible, wish-and-a-prayer calculation that voters otherwise have to make when faced with multiple candidates, some of whom they really like and some of whom they do not. Liberals, conservatives, independents and moderates have run and won under RCV, from coast to coast.But while RCV might be strictly non-partisan, it is decidedly pro-voter – and almost always produces a more positive, issue-focused campaign that looks to drive up turnout and appeal to as many people as possible. A ranked-choice campaign rewards engagement and encourages coalitions; it’s a race where instead of tearing down opponents, candidates point out areas of agreement and ask to be a voter’s second choice.Voters love RCV and find it easy to use. According to a new SurveyUSA poll of New York voters, 96% said their ballot was easy to fill out. More than three-quarters of voters want to keep or expand RCV. And 82% said they had taken advantage of RCV and ranked at least two candidates. (These numbers are similar across RCV elections, and a powerful rejoinder to critics who insist, despite evidence to the contrary, that it’s too confusing.)A remarkable number of New Yorkers saw first-hand how RCV makes our votes more powerful – they had the freedom to express themselves and rank a long-shot first, but still had their vote count for either Mamdani or Cuomo in the ranked choice tally.Perhaps the high marks are of little surprise: voters received a campaign unlike most any other. The tone remained positive and issue-based. Instead of cutting each other down, candidates lifted each other up: Mamdani and Brad Lander cross-endorsed each other, cutting joint ads, riding bicycles together to shared events, sharing the couch on Stephen Colbert, and even sharing a stage at Mamdani’s victory party. Jessica Ramos and Whitney Tilson endorsed Cuomo and said that they would rank him second. Mamdani helped Adrienne Adams with fundraising.skip past newsletter promotionafter newsletter promotionVoters always say that they want more choice at the polls, candidates who engage with them, and a genuine, issue-based campaign. They got exactly that in New York City because of ranked choice. And the historic turnout levels – more than 1 million New Yorkers cast ballots, the highest number since the 1980s – shows that when voters get that kind of elevated, engaging campaign, they show up and get involved.When voters have the opportunity to consider new candidates campaigning in creative new ways, the frontrunner with the early name recognition and largest donors can be eclipsed by a newcomer who started at 1%. And instead of going scorched-earth on each other before the general election, even some of the “losers” seem to have had their status elevated: Lander finished third, and instead of being an asterisk, he has now expanded his base and likability for a future campaign.The majority winner in this race was Zohran Mamdani. But it’s also easy to suggest the real winner might be ranked-choice voting. In a moment when so many of our elections are fraught and polarized, all of us looking for a more unified and hopeful path forward – the “politics of the future”, as Mamdani called it when he declared victory – should take a close look at what just happened in New York as proof that stronger elections are truly possible.What’s giving me hope nowOutside of Washington, cities and states are becoming laboratories of democracy once again. New York’s adoption of ranked-choice voting led to just the kind of campaign our politics so desperately needs: a giant field of candidates presenting their vision of the future, building coalitions, without any time squandered on “spoilers” or anyone pushed to drop out and consolidate early. In Portland, Oregon, meanwhile, voters modernized government and moved to proportional representation to elect the city council, broadening representation to groups and neighborhoods that have never before had a seat at the table. When voters make these changes, they like them, defend them, and expand them, as we have seen in New York, Maine and Alaska. And it won’t take long for people to ask why they can’t have ranked choice and proportionality in all their elections.

    David Daley is the author of Antidemocratic: Inside the Right’s 50-Year Plot to Control American Elections as well as Ratf**ked: Why Your Vote Doesn’t Count More

  • in

    Maga influencer and de facto national security adviser Laura Loomer holds outsized sway on Trump

    After years of claiming to be the vanguard of a new “America First” isolationist movement rebelling against the neoconservative policies of the George W Bush administration that led to the bloody wars in Iraq and Afghanistan, Maga’s online influencers are cheering for another war in the Middle East.And not just any war: they are applauding Donald Trump’s high-risk decision to bomb Iran’s nuclear facilities, a move that was considered a war too far even by the Bush administration.Maga’s quick flip-flop has made it clear that Maga was never really anti-war. Maga is about xenophobia, not isolationism, and its support for Trump’s decision to bomb a Muslim country fits in with its support for his draconian campaign against immigrants.But above all, Maga is about fealty to Trump.That formula certainly helps explain why Laura Loomer, who has emerged as the most prominent Maga America First influencer in the early days of Trump’s second term, has given her full support to his Iran strike.In early April, Loomer, a 32-year-old pro-Trump online influencer widely seen as a rightwing conspiracy theorist, met with Trump and gave him a list of names of people on the staff of the national security council that she believed were not loyal enough to Trump or at least had professional backgrounds that she considered suspect. Trump fired six staffers. Later, national security adviser Mike Waltz, whom Loomer had criticized for his role in the Signalgate chat leak scandal, was ousted as well.Loomer doesn’t have a job in the government, but she has still emerged as one of Trump’s most important and most polarizing foreign policy advisers in the early days of his second administration. She has had direct access to Trump and has used it to push for ideological purges inside the administration, instilling fear and anger among national security professionals.In fact, when it comes to the national security side of the Trump administration, Loomer has been something akin to a one-woman Doge. Now the big question is how long her influence with Trump will last, or whether she will soon go out the same way as Elon Musk.Loomer’s power in the Trump administration is ill-defined. Her many critics say she has just been taking credit for moves that Trump was already planning. But Trump himself has said he takes her seriously, so it may be more accurate to describe her as Trump’s de facto national security adviser.Press reports recently suggested that Loomer’s status in the White House was waning because she had overreached, much like Musk. She has left a trail of bitter Trump aides, while there have also been reports that Trump himself has grown weary of her. But, as if to disprove the reports that she was getting frozen out, Loomer had a private meeting with JD Vance in early June.In a revealing interview on journalist Tara Palmeri’s podcast in late April, Loomer said that her White House access came directly from Trump himself, and that she maintained her relationship with the president even as his aides tried to keep her out. “Donald Trump is my biggest ally in the White House,” she said.“I don’t have delusions of grandeur, but I certainly do believe that a lot of the information I have given him has protected him and has prevented disasters from happening,” she added. “I believe that the information that I provide is valuable. And I believe that it has proven itself to be an asset to President Trump and his apparatus. I don’t know why some of the people that work for him don’t want that information around him. But I’m not going to let that stop me. I’m going to keep on uncovering information and finding ways to get it to President Trump – and informing President Trump about individuals within his inner circle that are working against his agenda.”Loomer added that “it all comes down to vetting at the end of the day”.Loomer’s close ties to Trump first became big news during the 2024 presidential campaign, when she traveled with the Republican candidate on his campaign plane despite repeated efforts by Trump aides to keep her away. The aides were particularly upset that Loomer traveled with Trump on September 11, since she had earlier gained online infamy after posting a video claiming that the 9/11 attack on the World Trade Center was an “inside job”. To be sure, fears by his aides that Trump was associating with a conspiracy theorist ignored the fact that he relishes in spreading conspiracy theories far and wide. During the 2024 campaign, Trump promoted a conspiracy theory that Haitian immigrants were eating pets in Springfield, Ohio; that xenophobic lie became the hallmark of Trump’s fall campaign.skip past newsletter promotionafter newsletter promotionOnce Trump returned to office, Loomer began to flex her newfound power, and even professional ties to top Trump administration officials weren’t enough to protect staffers from being fired after Loomer gave her list of names to Trump. Among those fired at the NSC was Brian Walsh, who had worked on the staff of the Senate intelligence committee for Marco Rubio, now serving as both secretary of state and national security adviser, when Rubio was in the Senate.The most stunning purge attributed to Loomer came in April when Trump fired Gen Timothy Haugh, the director of the National Security Agency, along with his top deputy, after they had found their way on to Loomer’s list as well. The fact that Loomer could trigger the firing of a senior military officer in charge of the nation’s largest intelligence agency finally led to a bipartisan outcry in Washington. A group of Senate Democrats wrote to Trump saying that the firings were “inexplicable”, while Mitch McConnell, a Kentucky Republican senator who is now a leading Trump critic, lamented that experienced military leaders were being ousted while “amateur isolationists” are in senior policy positions. The moves even troubled Mike Rounds, a South Dakota Republican senator and Trump loyalist who is the chair of the cybersecurity subcommittee of the Senate armed services committee. Rounds made a point of praising Haugh during a subcommittee hearing soon after his firing and noted that “men and women capable of leading the National Security Agency … are in short supply. We do not have enough of these types of leaders, and a loss of any one of them without strong justification is disappointing.”But like Musk, Loomer has been so red-hot in the early days of Trump’s second term that her fall seems almost inevitable, especially after she began to call out White House actions she didn’t like.In May, for example, she publicly criticized Trump’s decision to accept a luxury jet from Qatar.When news of the gift was first reported, Loomer posted a statement saying: “This is really going to be such a stain on the admin if this is true.” She added: “I say that as someone who would take a bullet for Trump. I’m so disappointed.” She later backtracked and became more supportive. But later she was critical of Trump’s decision to withdraw the nomination of billionaire Jared Isaacman to be the head of Nasa, whose nomination she had supported. “There is reason to believe that Isaacman may be facing retaliation because of his friendship with @elonmusk,” Loomer posted as the news first broke. Days later, Isaacman suggested that he also believes that his nomination was withdrawn because of his ties to Musk.Loomer has been careful to try to limit her criticism to Trump’s aides, and not to Trump himself. But it is an open question how long that distinction will make a difference for Loomer. During the Palmeri podcast, Loomer said that she is “not going to be a sycophant and sit there and pretend that every little thing is great”. She added that “there’s a lot of incompetence in the White House. There’s a lot of people in positions they shouldn’t be in and they embarrass the president on a daily basis.”That is the backdrop for Loomer’s strong support for Trump’s decision to attack Iran. Perhaps concerned that her earlier criticism was damaging her ties to Trump world, Loomer has been profuse with her praise of Trump’s Iran attack, while also defending her America First credentials. In one post, she asked “How is it not AMERICA FIRST to congratulate those who just made sure Islamists who chant ‘DEATH TO AMERICA’ … never have an opportunity to have a nuke?” She has even gone on the offensive against other rightwing influencers, including Tucker Carlson, who have dared criticize the Iran strike. “I am screenshotting everyone’s posts and I’m going to deliver them in a package to President Trump so he sees who is truly with him and who isn’t,” Loomer posted. “And I think by now everyone knows I mean it when I say I’m going to deliver something to Trump.”For Maga influencers, staying on Trump’s good side seems to matter more than issues of war and peace. More

  • in

    So big, so beautiful: Fox News ignores the critics and champions Trump’s bill

    Donald Trump’s mega-bill has been widely criticized in the press. News outlets and Democrats have warned that millions of people could be stripped of their health coverage through cuts to Medicaid, that cuts to food programs would see children go hungry, and that the legislation would cause the deficit to balloon.Fox News sees it differently.“This legislation is packed with massive, huge, important wins for you, the American people,” Sean Hannity told viewers on Monday, as US senators debated the bill in Washington.“Here’s what the bill doesn’t do. It does not decrease Medicaid, Medicare, Snap or social security benefits,” Hannity continued, a claim that completely contradicted the assessment of the Congressional Budget Office, which estimates the bill will cut Medicaid across the US by 7.6 million to 10.3 million people.Hannity had more.“The big, beautiful bill also does not increase the deficit. Instead, the deficit will go down around a little shy of $2tn – that’s to begin with, according to estimates,” he said.“Because guess what? That’s what happens when you cut taxes. It stimulates the economy, creates jobs, gets people off the welfare rolls. Guess what? People are working, now they’re paying taxes.”It was unclear where Hannity got his $2tn number from, because he didn’t say. But the CBO says the bill would add at least $3.3tn to the national debt over the next nine years, while the tax cuts will benefit high earners more than others.Hannity held up Ronald Reagan’s tax cuts in 1981 as an example of how the deficit will be reduced – a take that ignored that those tax cuts saw an increase of the deficit, and had to be reversed over the rest of Reagan’s presidency.Still, Hannity was sold.“The American people are on the verge of a level of prosperity they have never experienced before,” he said.Hannity’s interpretation was starkly different from the one many Americans were seeing.Even Republican senators have been dubious about the bill’s benefits, with three voting against it in the early hours of Tuesday morning, and House Republicans wavering on Wednesday.Yet, on Tuesday, Laura Ingraham largely ignored the bill – framing it only as Democrats losing a battle to “derail” the legislation before going on a minutes-long riff about a “slide in patriotism” in the US.She went on to offer complaints that there were “more foreign flags waving” in America’s streets and that leftwing politicians believe that “America can only be redeemed when she’s totally dismantled and then remade, with millions of new people from other countries”.Elsewhere, there were occasional, albeit small, concessions that the “big, beautiful bill” might not quite be the masterly piece of legislation the White House would have people believe.“It’s not perfect, but it does need to pass if we want this tax cut,” Ainsley Earhardt said on Fox & Friends at the start of the week. Her co-host Brian Kilmeade at least presented some of the negative points in an interview with Scott Bessent, the treasury secretary, on Tuesday, challenging him to address the claim that “this is a tax break for the rich”. But Bessent didn’t even attempt to address that, and Kilmeade was unwilling or unable to press him further.Later that day, the theme continued. Trace Gallagher pulled up data from the Tax Foundation and the Tax Policy Center during his show, with a series of bullet points claiming that if Trump’s bill failed it would lead to tax increases for families and small business owners.Gallagher left out the part of the Tax Foundation’s analysis where the organization said the bill would reduce incomes by 0.6% and result in a nearly $3.6tn deficit increase, and ignored the Tax Policy Center’s verdict that most of the tax cuts in the bill would go “to the highest-income households”.His guests seemingly overlooked those bits, too, as they kept up the ruse.“No bill is perfect,” Elizabeth Pipko, a former spokesperson for the Republican National Committee, told Gallagher, as she claimed “the Democrats seem to have forgotten that” before accusing the mainstream media, with no irony, of not accurately representing the bill.Pipko added: “I think it will pass, and I think it’ll go down in history as again another false alarm from the legacy media, from the Democrats, and another victory for President Trump.” More