Thursday

June 19, 2025

By Timothy Noah 

Donald Trump is America’s first billionaire president. He entered the White House in 2017 with a net worth of $3.7 billion, according to Forbes, and in 2025 with a net worth of $5.2 billion. Trump’s habitat, unlike yours or mine, is crowded with billionaires. His primary residence outside the White House is in Palm Beach, home to 68 billionaires, including the financiers Stephen Schwarzman and Ken Griffin, who—just those two—spent a combined $144.2 million to elect Trump and other Republicans in 2024.

Continue reading this article.

In today’s newsletter: Elon Musk rips “snake” Trump aide; Pete Hegseth accidentally reveals a dark truth about Trump; Americans say spread the dough; and much more.

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Editor’s Picks

To count to one million without stopping takes 11 days. To count to one billion takes nearly 32 years. To count Elon Musk’s fortune would take more than 13,000 years. Who needs that much money?

By Michael Tomasky

The accused assassin’s background shows connections to charismatic Christianity, which calls for “violent prayer” and emphasizes “spiritual warfare.”

By Melissa Gira Grant

As Trump’s defense secretary faces harsh questioning from Democrats, a writer who closely tracks Trumpism explains what he unwittingly exposed about the ugly core of Trump-MAGA politics.

By The Daily Blast with Greg Sargent

With so many major decisions coming down—with implications for the role of religion in public life, efforts to restrict gender-affirming care, gerrymandering—not to mention the serious threat to our Constitution, there’s a lot to unpack. 

Join us on July 2 to analyze and discuss the end-of-session Supreme Court rulings and their legal and political ramifications.

While the court’s ruling was not as immediately disastrous as it might have been, it sets the stage for a parade of horribles in the years to come.

By Matt Ford

Our exclusive survey shows that a majority of Americans understand just how unequally wealth is distributed in the country—and they’re not happy about it.

By Ryan Kearney

While ​the GOP was freaking out about ​the cost of Trump’s tax bill, the cost of climate damage hit a​n unbelievable high.

By Kate Aronoff

Take this TNR quiz and find out.

By The New Republic

Breaking News

Is Sergio Gor to blame for the sudden breakup between Donald Trump and Elon Musk?

By Malcolm Ferguson

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