THE BIG PICTURE

Trump returned from his Iran trip in the middle of the night and rage-posted at 4:32 a.m. that “fools” criticizing his deal must be either "jealous, bad people, or stupid."

That might have had something to do with this — while he was busy declaring victory in a war he lost, the Obama Presidential Center opened in Chicago to every living president (and first lady) except him, the Knicks beat his birthday party in the ratings, and the $14 million reflecting pool he painted "American flag blue" is already peeling.

It's Juneteenth, the federal holiday his party tried to memory-hole, and the man running the country just compared himself to Hitler and asked to be given a Medal of Honor at someone else's ceremony. Happy Friday, and Happy Juneteenth.

KEY DEVELOPMENTS

1. The Iran deal is a full-on disaster for Trump — and he’s trying to blame Vance

Since yesterday, the Iran deal has moved from "a joke" to "actively humiliating." The formal MOU is now signed, but the terms have left virtually everyone angry: Republican senators are calling it "total surrender," Israel is "gobsmacked" by Trump's "capitulation," and Netanyahu is reportedly trying to blow the whole thing up — which prompted JD Vance to issue a stunning rebuke, warning Israel against “attacking the only powerful ally” it has left.

The most revealing dynamic: Trump made Vance the deal's public face and chief defender, while Marco Rubio has gone conspicuously silent. Meanwhile, he has spread at least three demonstrable lies about Iran's nuclear commitments.

Republican senators hate the deal but are blaming unnamed "intermediaries" rather than Trump directly — a cowardice that tells you everything about where the party's spine went.

Even Fox News isn't fawning. A Fox correspondent delivered what the Daily Beast called a "devastating blow" on air. Don Jr. is calling Ted Cruz a liar for inflating the deal's cost. The MAGA family is eating itself.

For his part, Trump compared himself to Hitler — and seemingly meant it as a compliment.

One number that matters: a new analysis finds that even with the Strait of Hormuz reopening, elevated fossil fuel prices from the war will cost Americans and businesses over $700 billion in 2026.

2. The Obama Library opening was everything Trump's birthday party wasn't

The Barack Obama Presidential Center opened in Chicago with a star-studded ceremony that included every living former president and first lady — George W. Bush included — and a roster of A-listers that made Trump's UFC birthday bash look like a county fair.

Michelle Obama delivered beautiful remarks that publicly humiliated Trump without naming him. Barack took shots at the administration too, while celebrating ordinary Americans pushing back.

The Guardian called it "an implied rebuke" from a "less polarised era."

We call it a nice reminder of what America should be on its 250th birthday. We’ll be pretending the new Obama Center is the real White House from here on out.

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3. The Reflecting Pool Is a $14 Million Monument to MAGA Incompetence

Speaking of giant wastes of taxpayer money and complete and total incompetence: the "American flag blue" paint the Trump administration applied to the Lincoln Memorial Reflecting Pool is now peeling off and floating to the surface, likely a result of the gallons of bleach they poured in to kill the algae. The paint job cost $14 million and the contract naturally went to one of Trump’s pals. The pool remains visibly green. The Interior Department insists it’s "crystal clear."

Seth Meyers crushed Fox News for running a segment arguing viewers should not believe their own eyes. The administration's response — comparing the algae situation to the Iran war — is either satire or a cry for help.

This is how it works: spend public money on vanity at an inflated cost to enrich your friends, lie about the poor results, gaslight anyone who notices.

4. $352 Million in Public Money Quietly Redirected to Trump's White House Ballroom

This is the corruption story of the week that deserves more oxygen. The Trump administration quietly shifted $352 million in Secret Service funds — money that came from the "big, beautiful bill" — to pay for a White House ballroom project Trump had publicly promised would be financed by private donations (he lied). Democratic senators are now flagging the transfer.

This is textbook corruption: lie about private funding, raid the public treasury, and dare anyone to stop you.

5. Janeese Lewis George wins D.C. mayor's race — and the democratic socialist wave hits the capital

Democratic socialist Janeese Lewis George just won the Democratic primary for D.C. mayor, defeating the establishment-backed field in a race that will define how the District responds to Trump's federal overreach.

Lewis George, a current D.C. Council member, ran explicitly on confronting the administration.

Her line: "We are not going to get ICE off our streets by fearing this president."

D.C.'s Democratic primary is effectively the general election, which means the nation's capital — a city Trump has treated as a personal renovation project — is about to be led by someone who ran on fighting him directly.

The message from D.C. voters: the city that watches this administration up close wants someone angrier, not someone more accommodating.

This comes the same week Zohran Mamdani continues building momentum in New York, and Bernie Sanders drops a landmark bill to put the public in direct ownership of AI companies (more on that below). The inside-outside socialist strategy is producing actual wins. Watch this space — and watch the establishment hit job take shape.

6. Bernie Sanders Drops the Most Ambitious Economic Proposal of the Year

Sanders has unveiled a plan to create a public AI sovereign wealth fund — giving Americans direct ownership stakes in AI companies as they race toward trillion-dollar valuations.

The proposal would include an annual public payout for American taxpayers, essentially treating AI-generated wealth as a commons rather than a windfall for a handful of billionaires.

This is exactly the kind of structural, class-conscious economic policy we need in this country — and it arrives in the same week that 130+ civil society groups are asking Congress to reject a bill that would kill state-level AI safeguards.

KEPT OUT OF YOUR FEED

What the algorithm buried:

NOTICE POLLING

Yesteday we asked, Did America win or lose in the war with iran?

99% OF YOU SAID WE LOST:

  • “It was lost on day one. Name the last time trump made a good deal for the American people. ”

    - callajr.jc

  • “America loses every day that Trump remains in office.

    - capthonb3

  • “We lost a war that Trump started. You can't start a fire and try to put it out claim you're a hero. He's destroyed our world reputation, he's bankrupting our country so I'd say it's a major, humiliating loss.”

    - obitlinda1712

  • “Basically we got nothing but a huge bill that has landed on the backs of tax payers.

    - bettnoir48

  • “We lost. Just like everything else with this incompetent president. Think of how much good could have been done for our own people with that $300 billion. Not to mention the billions spent on waging this pointless and devastating war. Trump, Hegseth, Vance, and the entire cabinet have got to go. I am at an age when I shouldn’t be wishing for time to fly, but I would like to wake up tomorrow in a new administration, one that cares for America and it’s citizens, as well as those around the world. ”

    - moroz61166

WATCH THIS

The Supreme Court hasn't finished its term — rulings on birthright citizenship and TPS protections for immigrants are still coming.

Both go to the core of whether Trump can strip legal status from hundreds of thousands of people by executive fiat. Watch for opinion release days — any morning this coming week could be the one.

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