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ActBlue co-founder pleads Fifth Amendment in closed-door House GOP grilling
Matt DeBergalis pleaded the Fifth Amendment during his deposition before three House committees investigating ActBlue's fraud prevention standards.
Josh Franco Receives the 2026 APSA Award for Teaching Innovation -
The APSA Award for Teaching Innovation honors a wide range of new directions in teaching by recognizing a political scientist who has developed an effective new approach to teaching in the discipline. Citation from the Award Committee: [...]
Kelly applauds Trump administration's announcement of $35 million in new rural health care funding for Pennsylvania
WASHINGTON, D.C. -- Today, U.S. Rep. Mike Kelly (R-PA), a member of the Ways & Means Subcommittee on Health, applauded the Trump administration that $35 million, made possible through the federal Rural Health Transformation Program (RHTP), is being put to work to improve health outcomes among rural Pennsylvanians by updating to new, more modern screening technology, buying equipment to bring additional operating rooms online, and expanding transportation options.
RNC chairman weighs in on Florida primary results
Republican National Committee Chairman Joe Gruters spoke with Spectrum News about Florida's primary results.
SGMC Health Honors Shalese Aycock with Excellence in Care Advanced Practice Provider Award
SGMC Health has recognized Shalese Aycock, NP at SGMC Urology, as the inaugural recipient of the Excellence in Care Advanced Practice Provider Award, a recognition presented by the SGMC Health Provider Wellness Committee.
WKU Institute for Rural Health presents to Kentucky General Assembly
WKU Institute for Rural Health (IRH) gave a presentation to the Kentucky General Assembly’s Interim Joint Committee on Health Services about its work to improve healthcare access and outcomes in rural Kentucky.
On the Hill: New Leadership for House Health Panels
While the Democratic succession appears largely settled, the race for the top Republican position on the Ways and Means Health Subcommittee remains wide open.
WA allocated $800k for a behavioral health report that ‘just went nowhere’
A state committee met for nearly two years to develop a report on Washington’s behavioral health system. The report seems to have sat on the shelf ever since.
Mark Johnson Receives the 2026 APSA Community College Faculty Award -
The APSA Community College Faculty Award is presented annually by the American Political Science Association (APSA) to honor exemplary contributions that advance the multi-faceted goals of community college faculty. Citation from the Award Committee: Mark Johnson has been [...]
Mike Caruso arrested on child sexual abuse charges
The arrest came one year to the day after Gov. DeSantis appointed Caruso as Clerk.
House Ethics Committee announces sexual misconduct investigation into Rep. Jimmy Gomez
The committee said it is investigating allegations that Gomez engaged in “inappropriate sexual contact with a House staffer.” He said he did not violate the law or House ethics rules.
House Ethics committee investigating CA congressman
The announcement follows a New York Post story from two months ago
Democrats officially set their 2028 primary calendar, with South Carolina going first
The Democratic National Committee passed the party’s calendar Saturday.
Debbie Maue
Having worked remotely sporadically for 11 years, Debbie Maue says that splitting time between the action in Chicago and launching a development in Montana (“Landmark Whitefish” in Whitefish, Mont.) was a natural transition. She says that she’d already been doing FaceTime and recorded video tours for almost two years prior to the shutdowns, and as a result, sees virtually “walking through” a property as natural as an in-person tour. She is president of Real Estate to the Rescue and chair of Chicago Association of Realtors International Committee.
Republican National Committee announces lottery for midterm convention tickets
Organizers expect 20,000 attendees at the event.
Mike Beltran sues political group over doctored campaign image
Former State Rep. Mike Beltran sued a political action committee that he says forged an image of him that did not depict reality, and that it failed to disclose it was built with AI — as required under Florida law.
New Mexico behavioral health committee approves $40M in funding for rural behavioral health plans
The New Mexico committee tasked with rebuilding the state's behavioral health infrastructure approved $40 million in funding requests Friday.
Lisel Hintz, Feyda Sayan-Cengiz, Madonna Kalousian, and Devrim Yavuz Receive the 2026 APSA-PSA International Partnerships Award -
The APSA-PSA International Partnerships Award honors political scientists engaged in collaborative and productive cross-national partnerships that make a significant contribution to the discipline in the areas of teaching, research, or civic engagement. Citation from the Award Committee: [...]
IRC launches health, child protection response as Colombia earthquake death toll rises
As search and rescue efforts continue following the deadly earthquake in western Colombia, the International Rescue Committee (IRC) has launched a response to assist the most vulnerable communities, including children.
Effort to ban genetically modified animals dies in California Legislature
A bill that would have banned the sale of genetically-modified pets for cosmetic reasons died in committee Thursday.
$5 billion science research bond clears California Assembly committee
The California Assembly Appropriations Committee voted Thursday to advance a UC-sponsored bond measure that would fund scientific research across the state. The California Science and Health Research Bond Act – or Senate Bill 895 – would create the California Foundation for Science and Health Research to award $5 billion in grants and loans to public and private research institutions, including UC campuses.
Fall Open Streets 2026 Celebrates Healthy Hearts, Healthy Brains
The Lawton-Fort Sill Open Streets Committee and its partnering agencies are proud to announce the Fall Open Streets event, happening September 19th, from 10:00 a.m. –&nb
NV lawmakers mull maternal health protections for '27 session, punt on child welfare funding fix
Nevada state lawmakers are considering a wide-range of health-related policies in the next year’s legislative session that includes implementing a slate of maternal health protections in a “momnibus” bill, bolstering efforts to investigate Medicaid insurance fraud, and reducing reporting requirements for state health agencies. Also at Tuesday’s interim Health and Human Services committee meeting, discussion […]
Niwot Incorporation Committee outlines business impact
The Niwot Incorporation Committee (NIC) held two informational meetings on Aug. 5 and Aug. 6 at Niwot Hall focused on how incorporation could affect local businesses. A total of about 30 people attended the two meetings. Opening the meetings, Tony Santelli, business vitality lead for NIC, said, "We're not here to convert you or to change you. We ju...
Opinion | One Senate committee chases Dr. Fauci while another takes aim again at Steward’s elusive Ralph de la Torre
One Senate committee chases Dr. Anthony Fauci while another takes aim again at Steward’s elusive Ralph de la Torre.
KCMO City Council moves to repeal, replace 45-year-old minority, women's business program
The Kansas City, Missouri, Finance, Governance and Public Safety Committee advanced two ordinances Tuesday that would dismantle the existing Minority and Women Business Enterprise Program.
PhysCOS Third Early Career Workshop, Sept 2026
We are excited to invite you to the 3rd Early Career Workshop organized by NASA’s Physics of the Cosmos Program and the Physics of the Cosmos Program Analysis Group (PhysPAG) Executive Committee. 22-24 Sept 2026
Why LA Council chief says Nithya Raman reached ‘political bottom of barrel'
Council President Marqueece Harris-Dawson says despite Raman’s claims that she’s being punished for running for mayor against Karen Bass, she knew about her committee assignment change. Conan Nolan reports for the NBC4 News at 7 p.m. on Monday, Aug. 10, 2026.
Ernst Names Small Business of the Week, Lone Arranger
Read the release on Sen. Ernst's website HERE. Throughout this Congress, Chair Ernst plans to recognize a small business in every one of Iowa’s 99 counties. RED OAK, Iowa – U.S. Senator Joni Ernst (R-Iowa), Chair of the Senate Small Business Committee, today announced her Small Business of the Week: Lone Arranger of Adams County. Throughout the 119th Congress, Chair Ernst plans to recognize a small business in each of Iowa's 99 counties. "Lone Arranger has been in full bloom in Adams County for more than 28 years,” said Chair Ernst. "One bouquet at a time, Jessica has created beautiful arrangements for countless occasions – from displays for Governors Chet Culver and Terry Branstad to serving as a longtime vendor at the Adams County Fair. Lone Arranger is beloved for its high-quality products and attentive customer service, all stemming from hard work that has not gone unnoticed." Lone Arranger got its start as the “Flower and Garden Center” founded by Dale and Caroline Jackson out of their home. Over the years, the business passed into the hands of Larry and Sherry Archer, followed by Ros and Darlene Peterson. In 1999, Jessica Wilson purchased the shop after completing two internships there and earning a degree in floriculture from Kirkwood Community College. Today, under Jessica’s leadership, Lone Arranger has continued to grow its presence both locally and beyond. The shop contributed to the award-winning Rain Bird float featured in the 2010 Tournament of Roses Parade and has provided decorations for community organizations and events, including the Adams County Chamber of Commerce. The florist is cherished by Iowans for its versatility to cater to all events, including proms, weddings, and baby showers. Jessica’s “Operation Dream Closet” helps high schoolers in need access free prom attire through donations and has made an exceptional difference in the local community. Stay tuned as Chair Ernst continues to recognize outstanding Iowa small businesses with her Small Business of the Week award. ###
http://democrats-energycommerce.house.gov/media/press-releases/pallone-trumps-gold-standard-vaccine-executive-order-puts-politics-ahead
Energy and Commerce Committee Ranking Member Frank Pallone, Jr. (D-NJ) released the following statement on President Trump’s executive order establishing so-called "Gold Standard Childhood Vaccine Recommendations:"
http://democrats-energycommerce.house.gov/media/press-releases/pallone-trumps-gold-standard-vaccine-executive-order-puts-politics-ahead
Energy and Commerce Committee Ranking Member Frank Pallone, Jr. (D-NJ) released the following statement on President Trump’s executive order establishing so-called "Gold Standard Childhood Vaccine Recommendations:"
Fauci contempt vote reflects the enduring politics of COVID
Republican lawmakers and Secretary of Health RFK Jr. continue to scrutinize the legacy of COVID-19, recently voting to hold retired immunologist Anthony Fauci in contempt after his refusal to testify before a Senate committee.
New site recommended for Caddo Parish sports complex
A new area is under consideration for a proposed $70 million Caddo Parish sports complex, following a presentation Thursday to the Caddo Parish Economic Development Committee.
MURKOWSKI CONGRATULATES INDIAN HEALTH SERVICE DIRECTOR MARK CRUZ ON SENATE CONFIRMATION
U.S. Senator Lisa Murkowski (R-Alaska), Chairman of the Senate Committee on Indian Affairs, congratulated the Senate’s confirmation of Mark Cruz to serve as Director of the Indian Health Service (IHS) at the U.S. Department of Health and Human Services as part of an en bloc package of nominations on August 7, 2026. “I congratulate Mark […]
Public Notice - Rural Health Transformation Advisory Committee Meeting
Notice is hereby given that a public meeting of the Rural Health Transformation Advisory Committee will be held on Tuesday, August 11, 2026. The meeting will convene at 8:00 am in the Turntable room of the Thyra Thomson State Office Building at 444 W. Collins Drive, Casper, Wyoming. At the meeting, the Committee will discuss […]
Watchdogs press House panel over decades of missing spending investigations
A coalition of groups is asking the Appropriations Committee to account for more than 80 years of work.
Shatema Threadcraft Receives the 2026 Victoria Schuck Award for "The Labors of Resurrection: Black Women, Necromancy, and Morrisonian" -
The Victoria Schuck Award is presented annually by the American Political Science Association (APSA) to honor the best book published on women and politics. Citation from the Award Committee: The committee found Shatema Threadcraft’s The Labors of Resurrection: [...]
Science Wins A Skirmish
Thank heaven for small favors: Senators on the Appropriations Committee on Sunday released a stopgap funding bill to avert a government shutdown by Oct. 1 and temporarily block a White House proposal that would fundamentally change how the federal government awards and manages grants. In late May, the Office of Management and Budget released … Continue reading "Science Wins A Skirmish"
Senate Hears Small Business Owners as SBA Cuts Loom
Senate committee examines Trump administration's plan to cut SBA budget by 67% and restrict green card holders from federal loans. Hear from entrepreneurs.
Lofgren, Whitesides Demand Transparency on OSTP Initiative Funded with NSF Money
The House Committee on Science, Space and Technology
Is Misbehavior by Politicians Finally Having a Reckoning? | WSJ Politics Newsletter for Aug. 7
Plus, a Senate committee votes to hold Fauci in contempt of Congress and U.S. intelligence assesses Putin could launch incursion into a NATO member state
Some House Republicans Are Backing a Challenger in Cory Mills’s Re-election Bid
Two Republican lawmakers have endorsed a primary opponent of Representative Cory Mills, who has been accused of assault and is under investigation by the House Ethics Committee.
Pensacola Bay Center entertainment campus plans hit snag over city-county agreement
PENSACOLA, Fla. -- The future of the Pensacola Bay Center was the center of attention on Thursday at the county's committee of the whole meeting.
Republican-led Senate panel will ask Justice Department to charge Dr. Anthony Fauci with contempt of Congress
A Senate committee voted Thursday to hold Dr. Anthony Fauci in contempt of Congress, advancing an audacious effort by Republicans to prosecute the well-known scientist over his role in the US government response to the Covid-19 pandemic.
The Latest: Senate committee votes to hold Fauci in contempt over refusal to answer questions
A Senate committee has voted to hold Dr. Anthony Fauci in contempt of Congress and refer him to the Justice Department for potential prosecution over his refusal to answer questions at a hearing last week on his handling of the COVID-19 pandemic
CAAP Senegal: Strengthening Coalition to Advance Women's, Children's and Adolescents' Health
Since 2024, Amref Health West Africa has coordinated Senegal’s PMNCH-supported CAAP through an existing national committee, strengthening a sustainable platform for SRMNCAH advocacy. In April 2026, expanded membership and a new working group marked a major step toward a single national platform to align advocacy, improve budget tracking, counter misinformation and advance domestic financing for women, children and adolescents.
Senate committee set to vote on holding Anthony Fauci in contempt of Congress
Hearing called after the former chief medical advisor invoked the fifth and refused to answer questions at a hearing on Covid-19
The House Ethics Committee steps into the spotlight
Obscure for years, what woke up the House Ethics Committee?
Senate Finance Committee wrestles with how to sustain Social Security benefits
The Senate Finance Committee held a hearing yesterday on how to prevent deep cuts to Social Security benefits in a few years. The math is simple but the politics are not.
Senate subcommittee obtains Fauci’s phone ahead of contempt vote
A Senate subcommittee investigating Dr. Anthony Fauci has obtained a copy of his iPhone, a spokesperson for the panel’s chair, GOP Sen. Ron Johnson, told CNN on Wednesday.
Fauci's HHS iPhone turned over to Senate investigators as contempt vote looms
Sen. Ron Johnson's subcommittee obtained a copy of Anthony Fauci's pandemic-era iPhone as Rand Paul's panel weighs holding him in contempt of Congress.
House Ethics Committee has investigated nine Congressmembers so far this year
North Carolina Republican Cpngressman Chuck Edwards ended his reelection campaign on Wednesday
North Carolina Rep. Edwards quits reelection bid after committee finds inappropriate conduct
The House Ethics Committee recommended he be censured for unprofessional and inappropriate conduct toward two young female aides in his office.
House Democrats just added 12 'safe' Trump districts to their midterm election target list
The move brings the Democratic Congressional Campaign Committee's list of targets to 58, an ambitious list that reflects President Donald Trump's diminished standing with the electorate and Democrats' belief that they can capitalize on voters' frustrations.
Speaker Johnson says Ethics Committee should carry out Max Miller investigation
The Ohio Republican congressman has faced calls to drop his reelection bid over domestic abuse allegations.
GOP Rep Chuck Edwards drops re-election bid after House ethics report recommends censure
Republican Rep. Chuck Edwards of North Carolina dropped his re-election bid in the wake of the release of a House Ethics Committee report.
Rep. Chuck Edwards drops reelection bid after censure recommendation for sexual harassment claims
The House Ethics Committee said there is "substantial reason to believe" Rep. Chuck Edwards violated House rules related to sexual harassment and hostile workplaces. Edwards denied any wrongdoing.
IAB
Interactive Advertising Bureau (IAB) offers leading standards and best practices for digital advertising. Developed by expert-led committees, our guidelines help members implement compliance frameworks and drive growth.
Rep. Chuck Edwards Drops Re-election Bid in North Carolina After Ethics Rebuke
Chuck Edwards made the announcement after the House Ethics Committee recommended he be censured for “persistent unprofessional and inappropriate conduct” toward two female staff members.
Small Business Owners Testify on U.S. Economic Growth
The Senate Small Business and Entrepreneurship Committee holds a hearing on tax policy, artificial intelligence, and other issues impacting small businesses.
GOP Leadership pushing Edwards to drop re-election bid over ethics report
The bipartisan House Ethics Committee on Monday released a 20-page report on the investigation, recommending that the chamber censure Edwards.
Two more House Democrats face primary danger: From the Politics Desk
Plus, the House Ethics Committee is investigating Ohio GOP Rep. Max Miller.
Senate Panel Will Examine Small Business Pressures
Senate committee investigates tariffs and lending challenges facing small businesses. Hear how rising costs impact Main Street entrepreneurs this week.
Senators Markey, Merkley Reintroduce Legislation to Protect Healthcare for Americans Who Cannot Afford Bail
Bill Text (PDF) Washington, D.C. – Senator Edward J. Markey (D-Mass.), a member of the Senate Health, Education, Labor, and Pensions (HELP) Committee, and Senator Jeff Merkley (D-Ore.) today reintroduced the Equity in Pretrial Health Coverage Act, legislation that would protect the continuity of federal health benefits under Medicaid, Medicare, Children’s Health Insurance Program (CHIP), and Veterans Affairs for Americans who […]
Todd Blanche's nomination for attorney general clears critical hurdle
The Senate Judiciary Committee voted 12-10 along party lines in support of the nomination of President Donald Trump's former personal attorney
MrBeast Sales Slow, Angel Stock Falls, MUBI and Neon Look for Hits, and Will an NBA Franchise Set a Sales Record?
(Welcome to the Entertainment Strategy Guy, a newsletter on the entertainment industry and business strategy. I write a weekly Streaming Ratings Report and a bi-weekly strategy column, along with occasional deep dives into other topics, like today’s article. Please subscribe.) You probably remember egg prices spiking a few years ago. This led to a lot of debate between the pro-market/pro-competition/antitrust/Neo-Brandesian crowd and the center/center-right/center-left/abundance/libertarian crowd over the cause, whether it was the avian flu outbreak or whether industry consolidation led to price fixing, using avian flu as a convenient cover. Basel Musharbash wrote a whole investigation at BIG looking at it. Well, two years later, we have our answer: it was price fixing. The Justice Department found proof, via emails, of price fixing. Indeed, just the threat of an investigation brought prices down two years ago: I bring this up because at least half a dozen of my favorite political writers and pundits, who were skeptical about price fixing at the time, haven’t written any mea culpas on this issue. It’s really dispiriting and makes it much, much harder to trust their work on other issues. If you take a hard stand on an issue, then you get it wrong, you need to explain how and why you got it wrong. Or update your priors. This is how epistemological bubbles are formed! All of which is to say, it’s time for another installment of “What I Got Right, What I Got Wrong”. Last issue, I mostly focused on the “wrong” side of the equation, so today’s is a bit more balanced, but with one big mea culpa (though I still stand by my original concerns). Let’s dive right in! Subscribe CORRECTION: UFC Didn’t Release Subscriber Data (But Seems to Have Bragged About It Internally) In my analysis of the viewership of UFC Freedom 250, I wrote... “Paramount has also released datecdotes bragging about their subscriber numbers. Earlier this year, they claimed that the first UFC fight on Paramount+ brought in 1 million subscribers.” Well, that datecdote did not come from a PR rep, but from great reporting from James Faris at Business Insider. The actual quote was this: “Paramount’s flagship streaming service generated about a million new subscribers on the day of its first-ever UFC event, Paramount product chief Dane Glasgow told employees in a town hall on Tuesday morning, three staffers who attended the meeting told Business Insider.“ This wasn’t the biggest goof in the world; even Faris emphasized to me that this is more a “clarification” than a correction. Still, it sounds like, internally, the folks at Paramount were very happy about this result—and I’m guessing they were happy with this news getting out—even though the gains didn’t last through the quarter, dropping to 700K adds. RIGHT: MrBeast’s Struggles Continue... I’m very skeptical about MrBeast’s burgeoning media “empire” and, in particular, its $5 billion valuation, as I wrote earlier this year and last year. Sure enough, according to Business Insider, regarding its “booming” consumer products division_:_ “US sales volume grew 13% year-over-year in 2025, following a 33% leap the previous year, according to a presentation deck dated May 2026....A February 2025 investor deck viewed by Business Insider showed Feastables’ net revenue more than doubled in 2024 from 2023, to $215 million, and was forecast to grow 74% in 2025, to $375 million.” [Emphasis mine.] If you told investors that you projected 74% growth but delivered 13%,1 that’s not ideal. But it’s not just MrBeast. Logan Paul and KSI’s Prime had sales drop in half for their energy drinks. It’s one thing to build a successful entertainment company and an entirely different thing to succeed in the heavily-consolidated-but-also-very-competitive consumer packaged goods space! CPGs are dominated by a few firms with very wide moats compared to YouTube, which has few barriers to entry. These businesses require different skill sets and have completely different business environments. WRONG: Does the NBA Have an $8 Billion Bidder? Almost as soon as I published my article about the NBA’s finances, casting skepticism on NBA expansion, I saw this Front Office Sports headline: One group “claims to have already raised $8 billion” for the Vegas expansion team. I mean, wow. That’s just $2 billion less than what the Los Angeles Lakers were valued at when they were sold just last year. And they’re arguably the most popular team in the NBA. (Side note: the new owner is now under an investigation for fraud in how he went about financing the Lakers and the Dodgers purchases.) So much for the “dried up” language I used in that article. (This is why I usually stick to my “Entertainment Nuance Guy” tone in articles...) I went off old information—from April, when I read/heard about the NBA downplaying expansion efforts—instead of doing a quick double-check for new news. That said...if you read the article, the market for Seattle is “slow”, with just one reported bidder. So I wasn’t entirely off. This goof has annoyed me since I first published it, mainly because it undercut that article’s real point, which I stand by: NBA franchises are really overvalued right now. Now, I get why NBA teams are overvalued. When it comes to owning sports teams, it’s basically never wrong to assume that some rich person somewhere will care more about owning a team (or just being part of a group since they’re so expensive) than the actual financials. There are only so many teams to own, and opportunities to buy in preferred markets don’t come along very often. This explains why the teams sell for such high multiples (usually above a 10 to 12.5 revenue multiple, which is very high). You only need one person to overpay! Beyond the ultra-wealthy luxury good explanation, I worry NBA teams are becoming speculative assets. More and more private equity investors are buying into NBA teams. But the value, in owning a team, comes from selling it later, not any meaningful relationship to revenue or profit growth. In other words, the newer NBA owners are increasingly expecting someone later to buy their inflated asset. That’s not sound economics; that’s the “greater fool” theory at work.2 At some point, actually making money has to matter. Especially since revenue growth is now below the growth of the stock market. (And this matters because the NBA doesn’t have easy levers to pull to drastically lower their costs—half of their revenue has to go to players and then you actually have to run a team, including coaching, training, travel, media expenses, and more—or raise revenues aside from one-off expansions in America and overseas.) I just don’t see how investors make their money back buying NBA teams, except for selling at a higher price later on down the line. But if revenue/profit growth continues to slow, at some point, someone will be left holding the bag. RIGHT: Baseball and Basketball are about equally popular. Related to the above, I wanted to cite two quick pieces of evidence for one of my other theories: that the NBA and MLB are about as popular as each other, but the NBA gets much, much better media coverage. One YouGov survey has that fans prefer basketball to baseball by 52% to 48%, which I’m guessing is within the margin of error for that poll. That’s virtually even, meaning they’re about the same popularity. Over on NBC, a recent Red Sox-Yankees game averaged 4 million viewers, higher than Sunday Night Basketball’s average of 3.4 million on the same network. A Yankees-Dodgers game averaged 3.9 million two weeks ago. Not every game averages this much, but it shows you that baseball isn’t far off from basketball, depending on the matchup. Altogether, the NBA is just slightly more popular than baseball, but NBC is paying MLB a fraction of what they pay the NBA, a point I’ve made before. RIGHT: Angel, MUBI and Neon Updates... I’ve long been skeptical about many of Hollywood’s buzziest startups/smaller indie studios. It’s not that they don’t make great movies—films like Anora and Everything Everywhere All at Once are amazing—or that they’re not (rightfully) pushing the majors to make better films, but...they get a ton of hype, and that hype often doesn’t live up to the reality or difficulty in scaling up. Starting with MUBI, well, The Wall Street Journal wrote a feature on MUBI’s struggles last April, best summarized by the subheader “After Sequoia valued Mubi at $1 billion, a left-wing revolt sent the indie film company into a tailspin”. MUBI lost $7.3 million on $200 million in revenue in Q4 2025, but reportedly hit a record 1.7 million subscribers at the end of Q1. As for Neon, Department M purchased a “significant stake” in the company earlier this year. How much is that “stake” worth? According to Deadline, “No financial figures for the Neon-Department M deal were disclosed.” So...that’s not great! If it was a big valuation, we’d hear about. Also, I found this curious: “Both Neon and Department M already have separate partnerships with Qatar. The Qatar Film Committee has a slate deal in place with the former, and a biopic production pact with the latter.” Color me skeptical about much Middle Eastern investment dollars. See: LIV Golf. Finally, as for Angel (formerly Angel Studios), their stock very, very slightly popped last month after Young Washington ($20 million budget) which made $45 million in the US, but their stock is still way down from its opening. Smaller Updates RIGHT: The WGA should focus on antitrust concerns! I’ve been on this for years. Post-WGA/AMTPT deal in 2023, I wrote an article for the Ankler calling on the WGA to focus and organize against industry consolidation. Sure enough, the WGA filed a lawsuit against the Paramount-WBD merger, and people are organizing around this issue now. I wish this energy had coalesced earlier (specifically to lobby Washington much earlier), but better late than never! WRONG: Actually, the chip shortage might be due to market manipulation. In my last “Long Reads for the Long Summer” article, I shared an article about how LLMs are causing memory chip prices to spike, which will make all electronics more expensive. Well, turns out, three RAM manufacturers control 90% of the market, and now a private lawsuit accuses them of price-fixing. So yeah. WRONG/UPDATE: The Odyssey will hold! Two weeks ago, I wrote, “As of this moment, we haven’t had a super-blockbuster, though The Odyssey, Spider-Man: Brand New Day and Avengers: Doomsday could all cross the $500 million mark. (At this point, The Odyssey would need a very strong hold to get there.)” Well, it’s safe to say it’s going to have that hold! It only dropped 30% in weekend two and IMAX screenings are sold out all month. Spider-Man: Brand New Day is also off to a great start. RIGHT: People are rushing to get shows out yearly. I’ve long been bullish on yearly, weekly-released shows, and Leslie Goldberg at The Ankler wrote about how many people in town are now listening. WRONG: Mark Carney reverses Canada’s stance on homegrown production. After writing about Canada installing domestic production quotas, Canada has backed off. WRONG: I don’t trust Spider-Man: Brand New Day’s online “views”. When I originally wrote about the latest Spider-Man film’s record-breaking trailer, I thought this was just YouTube views, but after watching this Corridor Crew video and doing more research, well, it’s all social views of the trailer globally. Really? That stat includes TikTok, Reels and YouTube Shorts views. Basically, I don’t trust it anymore. (This film will probably set record, but I trust the pre-sales data more.) RIGHT: Celebrity Production companies are still struggling. I’ve written about this for years, but the company that I didn’t track was Kevin Hart’s HartBeat, which was valued at $650 million but is struggling now and might just end soon, especially after Kevin Hart pulled his endorsement deals. And Bad Robot is moving to NYC. CORRECTION: SpongeBob is a “second run” title. In my 2025 recap article, I had _SpongeBob SquarePants_labelled as a “library” title, when it is still a “second run” show, with new episodes still coming out on Nickelodeon. CORRECTION: In my last “What I Got Right, What I Got Wrong” update, I offered a correction from Doug Creutz and misspelled TD Cowen. Thanks, Grammarly! 1 Though he could have increased prices to make up for the gap, he couldn’t have increased them that much. 2 There’s a theory, which I think that Daryl Morey created and Bill Simmons popularized, that, to be successful building your team, you only need a handful of bad GMs in the league to take advantage of. To be clear, Daryl Morey’s theory was also for signing bad contracts, that you could always get out of bad contracts. Basically, there’s always someone who will make a bad trade. It’s not the same exact thing, but similar enough to the Greater Fool Theory that I really like it.
Senate Judiciary Committee Advances Todd Blanche to Be Attorney General
Two GOP senator holdouts ultimately supported the nomination after getting written assurances that a controversial fund was dead.
Stakeholders Testify on Medicaid & Health Care Costs
Stakeholders testify on Medicaid, the cost of care, and program funding needs bedore the Senate Budget Committee.
Watch live: Senate convenes Medicaid hearing as work requirements face scrutiny
Health experts on Tuesday morning will testify before the Senate Budget Committee on Medicaid, just months after the Trump administration issued a new rule requiring states to implement work requir…
Holstein reelected state GOP chairman; party disavows Pritt
The West Virginia Republican Executive Committee reelected Delegate Josh Holstein, R-Boone, as chairman of the state Republican Party during a meeting in Charleston, West Virginia on Aug. 1, 2026. Also during the meeting, the GOP diavowed former Delegate Elliott Pritt, R-Fayette, who has been arrested and faces charges related to enticement of a minor.
Stakeholders Testify on Medicaid & Health Care Costs
Stakeholders testify on Medicaid, the cost of care, and program funding needs bedore the Senate Budget Committee.
Consultant says Public School Employee health insurance will be depleted in three years without changes
The health insurance fund for public school employees is projected to be in the red by 2029 unless changes are made, a consultant told state legislators Monday.
Ernst Names Small Business of the Week, Present Company
Read the release on Sen. Ernst's website here. Throughout this Congress, Chair Ernst plans to recognize a small business in every one of Iowa’s 99 counties. RED OAK, Iowa – U.S. Senator Joni Ernst (R-Iowa), Chair of the Senate Small Business Committee, today announced her Small Business of the Week: Present Company of Audubon County. Throughout the 119th Congress, Chair Ernst plans to recognize a small business in each of Iowa's 99 counties. "Present Company has been the gift that keeps on giving to Audubon for more than three decades," said Chair Ernst. "From helping revitalize Main Street to supporting countless local events and charities, Telia Carter and her team continue to present the very best of Iowa's entrepreneurial spirit. Their commitment to exceptional service, unique products, and hometown values proves that investing in your community always comes back around." Founded in 1990 by Nancy Oleson, Present Company opened its doors in downtown Audubon as a home décor boutique. After more than three decades of serving southwest Iowa, ownership transitioned in 2022 to Telia Carter. Under her leadership, Present Company has continued its tradition of personalized customer service while adapting its inventory to meet the needs of customers from Audubon and the surrounding communities. Today, Present Company remains a downtown Audubon staple, offering a carefully curated selection of gifts, home décor, apparel, jewelry, and specialty items. The boutique has earned a reputation for unique merchandise, friendly service, and a welcoming atmosphere that reflects the character of small-town Iowa. Stay tuned as Chair Ernst continues to recognize outstanding Iowa small businesses with her Small Business of the Week award. ###
Michigan’s primary reflects a Democratic base transforming in Trump 2.0: From the Politics Desk
Plus, Todd Blanche’s AG nomination is back on track ahead of a key committee vote.
House Ethics Panel Finds Rep. Chuck Edwards Likely Violated Sexual Harassment Rules
The Ethics Committee called for the censure of Representative Chuck Edwards, Republican of North Carolina, who showered two female staffers with lavish gifts and affection.
Senate Banking Committee Examine Small Business Capital Access
Senate Banking Committee hearing on Aug 6 explores unlocking capital access for Main Street businesses. Learn how new regulations could impact small...
Ethics panel finds GOP Rep. Chuck Edwards violated House sexual harassment rules and recommends censure
The bipartisan House Ethics Committee said Monday it has found “substantial evidence” that GOP Rep. Chuck Edwards repeatedly made unwanted advances toward two of his female staffers and is recommending that the full House vote to punish him on the floor.
Rep. Edwards’ behavior with staffers violated House code of conduct, panel finds
The House Ethics Committee released a report Monday in its investigation into the western North Carolina lawmaker's treatment of two female staffers.
GOP lawmaker's gifts, 'effusive affection' toward young staffers detailed in explosive ethics report
The House Ethics Committee recommends censure after an ethics probe found Chuck Edwards violated the code of conduct with two young female staffers.
http://democrats-energycommerce.house.gov/media/press-releases/republican-health-care-cuts-continue-devastate-american-families
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and House Energy and Commerce Committee Ranking Member Frank Pallone Jr., D-N.J., today released their latest report spotlighting the consequences of the Republican Big Ugly Betrayal, which slashed over $1 trillion from Medicaid and the Affordable Care Act in July 2025.
THE WEEK OF AUG 3, 2026
- Senate stopgap bill counters OMB grantmaking rule - State Dept proposes changes to J visa cancellations - FCC bans foreign robots
Proposed west Cheyenne business park addition gets final committee look Monday
CHEYENNE, Wyo. — The City of Cheyenne's Public Services Committee meets today to make one final read-through of two ordinances enveloping more business
Debt Digest | Federal Debt is a Health Care Problem
Welcome David Ditch to the Debt Dispatch! We are pleased to announce a new regular contributor: David Ditch will be joining the Cato Institute as a Policy Analyst for Budget and Entitlement Policy later this week. David has more than a decade of experience in fiscal policy issues, with a particular focus on federal spending. He previously worked at the Senate Budget Committee, the Heritage Foundation, and the Economic Policy Innovation Center. David’s areas of expertise include appropriations, transportation, agriculture, federalism, grantmaking, and policy options for deficit reduction. Originally from the Rochester, N.Y. area, David has a BA in Economics and Political Science from the University of Rochester and a MA in Political Management from George Washington University. David currently lives in Arlington, VA. You may have enjoyed his earlier guest posts: CBO: New Highway Bill Has More Spending, Taxes, and Deficits Trump Administration’s Proposed Changes to Federal Grants Highlight Problems of Big Government Here are this week’s reading links and fiscal facts: The federal debt is largely a health care problem. In a new report, the Congressional Budget Office and Joint Committee on Taxation find that “In 2026, federal subsidies for health insurance, net of related payments to the government, are projected to equal $2.4 trillion, or 7.4 percent of gross domestic product (GDP). In CBO and JCT’s projections, those subsidies grow by 65 percent, reaching $3.9 trillion, or 8.4 percent of GDP, in 2036. Subsidies for Medicare contribute most to that overall growth, increasing by $900 billion. Over the entire 2026–2036 period, federal subsidies for health insurance total $33.6 trillion.” Cato’s Michael Cannon emphasizes, “The long-term federal debt problem is a health care problem. […] Only two categories of federal outlays will grow faster than gross domestic product (GDP): health care subsidies and interest payments on the debt. The former is, therefore, the primary driver of the latter.” The bond market fears deficits, not the loss of tariff revenue. Responding to a New York Times essay claiming tariff revenue has grown too important for a future administration to unwind, Cato’s Kyle Handley argues: “Bond investors are not attached to customs duties as a line item revenue source. They care about the government’s overall fiscal position.” He continues, “tariff revenue is a side hustle. And the Trump administration has already promised to dole out the funds through schemes like tariff dividend rebates, farm subsidies, and pay-fors on tax cuts or other spending.” Furthermore, “tariff revenue is simply not large enough to transform the government’s fiscal trajectory.” Take net interest for example: it “reached $970 billion in fiscal year 2025, absorbing 18.5 percent of federal receipts. Customs duties accounted for only 3.7 percent of receipts—and that was before refunds (see Figure 2).” Handley concludes, “The real bond-market concern is a large and growing interest bill, persistent budget deficits, and a political system unwilling to bring spending and revenue into alignment.” Medicare’s spending growth is driven by more volume and utilization. A Congressional Research Service report finds that Medicare spending “grew at an average annual rate of 7.3%” from 1985 through 2025, and the trustees project health care expenditures will keep rising “faster than gross domestic product (GDP) in most future years.” Citing CBO, the report attributes Medicare’s projected 2026–2036 spending growth to “23% from higher enrollment, 31% from inflation, and 47% from the growth of inflation-adjusted spending per beneficiary. In other words**, the largest single driver of Medicare spending growth during the next decade is expected to be higher volume and intensity of health care services.”** Boccia and Thakur explain: “as the economy grows, Medicare spending tends to grow at least as fast—and often faster—because the program automatically pays the bill for more and more healthcare consumption by seniors, even as prices rise.” The Fed has little control over market interest rates. Cato’s Jai Kedia documents that the Fed has held its rate target steady since December, yet “nearly every rate Americans actually borrow at has climbed over the same stretch.” Kedia continues, “The Fed did nothing, and the cost of credit went up anyway. […] Markets spent these months repricing macroeconomic events such as sticky core inflation, a volatile energy market driven by the conflict in the Middle East, and global trade disrupted by tariffs, among others. None of that required a policy change to show up in borrowing costs because markets, not the FOMC, set prices.” He concludes, “Accurately priced borrowing rates will come from credible disinflation and disciplined budgets and from a Fed content to follow the economy rather than pretend it leads it.” Nearly half of US farm income comes from taxpayers. Former Reagan OMB director David Stockman notes that “in the most recently completed full year (FY 2025) farmer incomes in the US totaled $97.8 billion, but fully 42.7% or $41.8 billion of that amount came from taxpayers, not the marketplace. Nor is this some kind of one-year aberration. If we look at the most recent decade as a whole, total farm income posted at nearly $708 billion, but, as indicated, fully $322 billion or 45% of this came compliments of US taxpayers.” Cato’s Chris Edwards explains why so little of that income is market-earned: “Farmers are businesspeople, but the government shields them from just about every type of weather and market risk. Furthermore, just about every part of the agricultural industry is subsidized, including insurance, loans, marketing, research, export sales, and land improvements.” The Debt Dispatch is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe
Blanche rescinds fund for Trump allies after senators threaten to block AG bid
The Senate Judiciary Committee vote on Blanche is scheduled for Tuesday
Read the key chapter in dispute
Here is the section that the author of the Democratic Party’s 2024 autopsy says was missing when the Democratic National Committee released a draft of the overall document in May. The party denied ever receiving the chapter.
3.14 Action raises $25 million to elect candidates with STEM backgrounds in 2026
The Democratic National Committee ended June with $18.5 million in debt and just $16.3 million cash on hand
3.14 Action raises $25 million to elect candidates with STEM backgrounds in 2026
The Democratic National Committee ended June with $18.5 million in debt and just $16.3 million cash on hand
Acting AG Todd Blanche reaches deal with holdout senators to end $1.8B ‘anti-weaponization’ fund
The Senate Judiciary Committee is set to hold a vote to advance Blanche’s nomination on Tuesday.
Ken Martin hunkers down at the Democratic National Committee as a storm gathers around party leader
Desperate to save his job as chair of the Democratic National Committee, he is avoiding media appearances, monitoring his critics' social media posts and refusing — at least so far — to make any substantive changes at his troubled organization.
Senate Panel To Examine Biotech's Role in U.S. Health Resilience
Senate Finance Committee investigates biotech's impact on U.S. health resilience as China gains pharmaceutical advantage. Hear expert testimony August 4.
Big Money In Hawaiʻi Politics — The Carpenters Union Is Crushing Everyone
Other political action committees are spending hundreds of thousands of dollars on candidates, too, but their financial efforts fall far short of the Carpenters Union.
Federal 'Science of Reading' Bill Advances
A Senate committee also passed a proposal to classify dyslexia separately under federal disability law.
KY Gov. Andy Beshear & Pete Buttigieg Discuss Politics at Nat'l Urban League Conference
Kentucky Gov. Andy Beshear (D), former Transportation Secretary Pete Buttigieg (Biden administration), Rev. Al Sharpton, and Democratic National Committee Chair Ken Martin are among the speakers at the National Urban League Conference in Nashville.
How Elon Musk is working to save Trump's final two years in office
Elon Musk is back to building a Texas-based political action committee to boost Republican turnout in the midterm elections.
CDC, public health preparedness nominees advance in Senate
The Senate Health, Education, Labor and Pensions Committee on Thursday approved President Donald Trump’s nominees to lead the Centers for Disease Control and Prevention and to serve as a key assistant secretary, two leadership roles that the administration has struggled to fill. The committee voted 12-11 along party lines to advance Sean Kaufman to serve […]
Elon Musk pledges up to $120 million for midterm elections
At the end of June, Republican fundraising committees already had $277 million
White House Calls for Science Funding Shake-Up
A new OSTP report recommends channeling funding to researchers with big ideas, not elite universities.
Senate Panel Advances Science of Reading, Dyslexia Bills with Bipartisan Support
Two bills passed out of the Senate HELP Committee Thursday, advancing the federal government’s oversight of literacy instruction and intervention.