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Commerce Secretary Howard Lutnick's family stands to profit significantly from the Supreme Court's decision striking down President Donald Trump's tariffs. Lutnick, who led Cantor Fitzgerald for 30 years before handing control to his sons before joining the Trump administration, publicly championed the tariffs. However, documents obtained by Wired reveal that Cantor Fitzgerald purchased rights to tariff refunds from affected companies, paying 20-30% of what companies paid out in tariffs. The firm now stands to reap returns of up to five times its initial investment. Cantor Fitzgerald denied involvement in positioning against the tariffs. Critics on social media condemned the apparent conflict of interest, with journalist Adam Cochran calling it "the 53rd scheme by a Trump official to profit from government policy." Others described it as "pure criminality and graft," noting Lutnick was also tasked with implementing the tariffs.

During the National Governors' Association breakfast on Friday, President Donald Trump became enraged when informed of the Supreme Court's 6-3 decision striking down his tariffs as illegal. According to CNN senior White House correspondent Kristen Holmes, the breakfast had been proceeding smoothly until Trump learned of the ruling. He immediately began ranting, calling the decision "a disgrace" and attacking the court with profanity. Holmes emphasized that the tariff policy represents a significant loss for Trump, as much of his economic and foreign policy agendas depend on tariffs. Trump has used tariffs as leverage in international meetings and consistently promoted them as central to his economic strategy.

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The U.S. Supreme Court may have just handed President Donald Trump a political gift – one that’s deeply humiliating, according to The Atlantic’s David Frum.

In a ruling that struck down Trump’s sweeping tariff regime, the MAGAfied high court delivered a decisive check on presidential power, making clear that the Constitution assigns taxing authority to Congress, not the White House. His tariffs, which began in April, were projected to raise as much as $2.3 trillion over 10 years, Frum wrote Friday.

Democrats are mobilizing to defeat the SAVE Act, which House Democratic Whip Katherine Clark described as part of Trump's plan to control elections. The measure would require proof of citizenship, end mail-only voter registration, implement photo ID requirements nationwide, and mandate rules to purge noncitizens from voter rolls. Clark stated the bill "has nothing to do with voter ID laws" and "is all to do with voter suppression and rigging the election." Rep. Pete Aguilar emphasized the GOP's immediate intent, noting the Act would take effect immediately if passed, impacting 2026 primaries in states like Texas. Critics highlight that the documentation requirements disproportionately burden married women who changed their names, as the bill doesn't allow name-change proof. Notably, Rep. Ami Bera argued the measure would hurt Republican voters more than Democrats. And Rep. John Garamendi (D-CA) said, “That is an unmitigated disaster for voters across America, Republicans as much as if not more than Democrats."

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President Donald Trump sparked outrage when he suggested awarding himself the Congressional Medal of Honor during a speech in Rome, Georgia at the Coosa Steel Corporation. Trump, who never served in the military, joked that he considered giving himself the decoration reserved for military members who exhibit valor. He claimed he was "extremely brave," but noted that military recipients have suffered severe injuries. Trump made a similar comment in 2019. The remarks ignited backlash on social media, with critics calling his comments "profoundly, offensively disgusting." Former Biden White House staffer Andrew Bates referenced Trump's history of cutting VA benefits. Florida gubernatorial candidate David Jolly urged voters to "send a very loud, undeniable message in November." Other commentators described Trump's behavior as childish and compared him to a "cartoon character."

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President Donald Trump drew criticism for his response to Fox News' Peter Doocy on Thursday in Air Force One, according to observers. When asked whether other Jeffrey Epstein associates should be arrested following Prince Andrew's arrest, rather than address the question directly, Trump claimed to be an "expert" because he had been "totally exonerated" and stated he "did nothing." He asserted that Epstein "was against me" and "was fighting me in the election," citing the recently released 3 million pages of Epstein documents. Trump's comments deflected focus from the original question about accountability for Epstein's associates. Social media observers criticized his response as self-incriminating. Professor Adam Cochran posted that there has "literally never been a guiltier-sounding person." The Atlantic's Tom Nichols sarcastically noted it was "a normal answer you'd expect from someone who isn't at all concerned."

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President Donald Trump ruthlessly slammed the Supreme Court on Friday in reaction to the justices voiding his authority to enact tariffs under emergency powers law — but those attacks probably are of no concern to Chief Justice John Roberts, CNN's Jeff Zeleny speculated.

In fact, Zeleny wrote in a text update displayed on the network, he is likely pleased to see it, for a simple reason.

Justice Brett Kavanaugh, a Trump appointee, filed a dissent in the 6-3 Supreme Court decision clamping down on Trump's ability to bypass Congress and levy tariffs unilaterally. Breaking with conservative Justices John Roberts, Amy Coney Barrett, and Neil Gorsuch, Kavanaugh expressed concern about practical consequences rather than legal precedent. He warned that while the ruling may not significantly restrict presidential tariff authority going forward, it will create "serious practical consequences in the near term." Kavanaugh specifically worried about refunding billions of dollars collected from importers, noting the Court offered no guidance on whether or how the government should return the funds. He acknowledged during oral argument that the refund process would likely be a "mess." Kavanaugh's dissent focused on administrative burden rather than constitutional grounds for Trump's tariff authority.

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Illinois Gov. JB Pritzker (D) demanded that President Donald Trump refund the households in his state after the U.S. Supreme Court found that the administration did not have the legal authority to collect $175 billion in tariffs.

"Your tariff taxes wreaked havoc on farmers, enraged our allies, and sent grocery prices through the roof," Pritzker wrote in a letter to Trump on Friday. "This morning, your hand-picked Supreme Court Justices notified you that they are also unconstitutional."

President Donald Trump went off on a bizarre tangent in his Friday speech, slamming the Supreme Court's decision to block his power to issue tariffs under emergency powers law — claiming that he visited a factory in Georgia, and the owner was so grateful for Trump's trade policies that the president had to fend off a smooch.

"'President, I'd love to kiss you' — this is a very powerful man. I don't want to be kissed by that man," said Trump. "But a very powerful, strong man ... he said, 'Sir, I want to kiss you so badly.' And I said, 'No thank you.'"

Treasury Secretary Scott Bessent hinted that the American people would never see the return of $175 billion in tariffs collected by the Trump administration after the Supreme Court struck down the president's ability to impose them.

During an event at the Economic Club of Dallas on Friday, Ray Washburne noted that the administration had collected about $175 billion in tariffs under the International Emergency Economic Powers Act (IEEPA) before the court ruled it unconstitutional.

Treasury Secretary Scott Bessent reacted on Friday to the Supreme Court's decision barring the use of emergency economic powers to impose tariffs, during a speech at the Economic Club of Dallas and echoed President Donald Trump's defiance on the subject.

Much like Trump, Bessent vowed that the tariffs will continue — and the Trump administration will simply use other federal statutes than emergency powers to authorize them.