S2 Ep1022: Stephanie Ruhle: Only Trump Is Happy

Sen. Van Hollen showed that Congress actually does have agency, and a federal judge finally scorched the administration in crystal-clear language about how it's violating the essence of our constitutional republic. But the White House is just treating the whole Abrego Garcia affair like it's a joke. Meanwhile, Trump is elevating his own businesses over the nation's, and is quickly adopting the kleptocratic models of Russia and China—while overlooking the fact that the Chinese have maintained a functional and competent government. Plus, children all over the world are going to die because Elon wants our money to go to his companies, and Marco signaled that the big talker who promised to end the Russia-Ukraine war in 24 hours is ready to give up and walk away. Anne Applebaum joins Tim Miller for the weekend pod. show notes Anne's recent piece, "Kleptocracy, Inc." The Atlantic on Trump ending lifesaving humanitarian aid JVL's Triad on the mindset of ICE agents Tim's playlist

The White House is doubling down on justifying its extra-judicial actions around Abrego Garcia by trying to incriminate him in the court of public opinion. But the government still can't pluck people off an American street and send them to a concentration camp without due process. Plus, Judge Boasberg is not letting Stephen Miller off the hook for defying his order to turn the Salvadoran-bound planes around. And while the administration tries to stir up outrage about one immigrant's marital problems, they admiringly describe the evil, blood-thirsty Vladimir Putin as a good guy. Ben Wittes joins Tim Miller. show notes CNBC on Chris Krebs leaving his company after being targeted by Trump Boasberg's probable cause finding to hold the goverment in criminal contempt Tim's 2019 Bulwark piece that he referenced  Support Lawfare

Manufacturing orders are down, stocks are down, and mortgage rates are up. But Trump and his family are wealthier than they've ever been. He's got his Ponzi-like crypto scheme, his meme coin, and a boatload of big money types showing up at Mar-a-Lago trying to curry favors from him for some cold, hard cash. Meanwhile, Trump is play-acting like he has a strong hand, but he's begging China to make a deal. Plus, the administration is defunding science and our world-renowned medical centers to buy crypto. And the Abrego Garcia kidnapping and imprisonment has touched a nerve in surprising ways. Stephanie Ruhle joins Tim Miller. show notes Chuck Grassley getting grilled at town hall over Abrego Garcia WSJ story on Elon's 'legion of babies,' and their mothers (behind firewall) Mediaite summary of WSJ piece Bluesky post on the fake gold medallions in the Oval Office Bloomberg on United Airlines having two profit scenarios because of the trade war (gifted) *The Bulwark Podcast is sponsored by BetterHelp

Trump & company want to turn us into Taiwan circa 1985. But the brilliant minds behind the idea of intentionally weakening the dollar are prioritizing making America a good place to manufacture rather than a good place to live. If the administration stays on this track, this country will have lower incomes, higher inflation, and weaker buying power—and more expensive beer and tomatoes. Maybe we were better off with Jared there. Meanwhile, in the Rust Belt, some Dems are arguing for a smarter version of tariffs. Plus, Abrego Garcia's union brothers want him home and Trump wants to fight with Harvard. Rep. Chris Deluzio and Josh Barro join Tim Miller. show notes Rep. Deluzio's NYT piece arguing for smarter tariffs Josh's NYT piece on how Trump is giving Dems a gift with his tariffs

We are here: Trump is openly defying the Supreme Court while sitting side-by-side with a Latin American strongman who openly mocked our judicial system from inside the Oval Office. Trump so badly wants his one-man rule and Republicans keep helping him, while corporate America keeps trying to get on his good side. Meanwhile, the intimidation is chilling free speech on college campuses and within immigrant communities.  Bill Kristol joins Tim Miller. show notes JVL's emergency Triad from Sunday JVL's latest Triad The latest Focus Group on the fighting mood among Dem voters 

Trump has effectively imposed a trade embargo on China, which means that after the inventory runs out, American retail will soon dry up. And since Europeans are already bypassing U.S. military contractors to beef up their defense spending —El Salvador is our only ally now— Trump is likely to do something desperate, like firing the Fed chair or seizing Greenland. American presidents decades from now will still be cleaning up what Trump did to this country in 2025. David Frum breaks down the insanity and stupidity of the vision behind the tariffs regime as well as the deep feelings of betrayal in Canada. If globalism means peace, prosperity, and commerce, then let's be globalists.  David Frum joins guest host Jonathan V. Last for the weekend pod. show notes David's new Atlantic podcast David on screw manufacturing and the absurdity of Trump's tariffs David on how the tariffs will make smuggling great again Tim's playlist

Just before he paused the tariffs on Wednesday, an unusual spike in activity on the S&P 500 prompted speculation that Trump was orchestrating an insider trading scheme. After the markets closed, he joked with *the* Charles Schwab about how the financier had made $2.5 billion in trades that day. Meanwhile, Trump ordered the DOJ to investigate two former officials he regards as enemies—this comes on the heels of his efforts to intimidate law firms from taking on clients who oppose him. Plus, Trump's long obsession with white South Africans, and do Democrats listen too much to grassroots activist groups? Andrew Weissmann and Patrick Gaspard join Tim Miller. show notes Andrew's Substack Rep. Steve Horsford questioning whether the tariff pause was market manipulation

The White House is pumping out a lot of happy talk about countries wanting to make deals over the tariffs, but the tumult Trump has created has spread to the bond market. And that may be a sign that he has people so spooked about the U.S. economy that our Treasuries are no longer seen as a safe bet. Meanwhile, China has a lot of leverage here and may be using it.  Plus, the Democrats' candidate recruiter for the midterms, Colorado's Jason Crow, discusses how to win back working class voters.  Catherine Rampell and Rep. Jason Crow join Tim Miller. show notes Catherine's column, "Who will tell Trump he’s naked?" Catherine's column on the Senate GOP tax plan NYT profile of Jason Crow 

When it comes to biomedical research, America is already great. We are the world's leader in the field. But the Trump administration is gutting research and innovation on things like cancer, Alzheimer's, and arthritis—and the amputation of our scientific expertise under RFK, Jr. has been about as thoughtful as the tariffs rollout. Meanwhile, when it comes to the developing budget bill, Medicaid is getting some surprising red state support from people like Josh Hawley. Plus, when people willfully choose ignorance as a way to cope with an uncertain world. Professor Mark Lilla and The Bulwark's Jonathan Cohn join Tim Miller.  show notes Mark Lilla's new book, "Ignorance and Bliss: On Wanting Not to Know" Mark's website Jonathan on Trump's cuts at child-care programs like Head Start

Part of the reason for the market bloodbath is because the finance wizzes didn't factor in that Trump would actually do the truly moronic thing he kept saying he would. Their shock over his recklessness is intensifying the crash. Meanwhile, a trio of administration fools trying to defend the tariffs—Lutnick, Bessent, and Hassett—showed there is no grand design to the trade war, White House infighting is getting hot enough that even Elon is subtweeting Trump, and the folks we elected over on the Hill could actually do something to try to stop the market carnage. Plus, new reporting on our government's kidnapping of migrants, Republicans in North Carolina are trying to steal a supreme court seat, and where is JD Vance? Bill Kristol joins Tim Miller for the weekend pod. show notes JVL on the end of the American Age  Lauren on the backlash against Dems in major law firms who are bending the knee  60 Minutes segment on migrants sent to the Salvadoran penal colony  Tim's 'Bulwark Take' responding to the 60 Minutes report  Tim talking with AEI's Stan Veuger about Trump's terrible tariff math The book, "The Captive Mind" by Polish poet Czeslaw Milosz