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Bond vigilantes call Scott Bessent's bluff after failed fix turns into 'five-alarm fire'

Two news anchors reacted with alarm to the global bond selloff and mocked the Trump administration's failed response.

On Tuesday, CNN anchor Erin Burnett and Richard Quest, the host of Quest Means Business, explained what's happening in the global bond market and why it spells trouble for major economies.

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Congress torched after 'useless' vote to condemn issue that doesn't exist: 'Embarrassing'

Congress passed a symbolic resolution on Tuesday to condemn socialism — a move that saw eight Democrats cross the aisle to back the GOP on the measure.

The vote, which has no actual effect on public policy, was swiftly mocked by observers on social media.

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Trump's officials have 'no appetite' for the escalation he's forcing on them: insider

President Donald Trump’s latest threats against Iran are alarming officials inside his own administration who fear he is digging himself into another military escalation, according to new CNN reporting.

The concerns emerged after the U.S. launched fresh strikes on Iran and Trump threatened it would be hit “much harder” - and even “wiped out as a country” — if it retaliated.

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Bizarre GOP carpetbagger claims she's not charged with fraud — court records say otherwise

A Republican congressional candidate in Florida is denying that she carpetbagged from Illinois and that she is under federal indictment for wire fraud — but evidence reviewed by The Bulwark's Andrew Egger, Cathy Young, and Jim Swift suggests otherwise.

"The tale begins in March 2023, when federal prosecutors in Illinois indicted one Te Dora Brown of Palos Park on 13 felonies, accusing her and her husband Christopher Scott of fraudulently obtaining hundreds of thousands of dollars in COVID relief money by applying for federal loans on behalf of phony employees at companies that turned out not to exist," said the report. Specifically, prosecutors say the two used the money to make "splurge buys at Tiffany, Nordstrom, and Saks Fifth Avenue, buying Uber Eats, and withdrawing huge sums in ATM cash."

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Ex-GOP strategist warns MAGA has entered its 'gravest danger': 'The madness isn't funny'

Former GOP strategist Steve Schmidt laid out the slow, gradual transformation of MAGA into what he sees as an overtly fascist movement in his latest episode of "The Warning" on YouTube, published Tuesday.

He opened by noting that today is the 87th anniversary of the Nazi invasion of Poland. "It took a long time from Hitler's Munich coup in 1923 to the start of World War II — almost 20 years. It took six years for the Nazi Führer to take power and to start a war that would kill 80 million people."

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WSJ warns Trump is ignoring the 'early murmurs' of an economic 'crack-up'

The Wall Street Journal's conservative editorial board warned that rising bond yields carry a message that President Donald Trump ignores at his peril.

In a Tuesday editorial, the paper's editors argued that climbing yields on long-dated government debt are not a catastrophe but a long-overdue return to normal, while cautioning that the picture could darken fast if Washington refuses to change course.

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Trump fulfilled his ‘most childish’ obsession after shocking power grab: analysis

President Donald Trump is carrying out a long-standing ambition to seize another country’s oil, according to a new analysis.

Writing for The Atlantic, Jonathan Chait argued Tuesday that Trump’s new oil agreement with Venezuela represents the culmination of an idea the president has promoted for at least a decade: The United States should take control of an adversary’s natural resources after defeating it.

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Trump aides quietly prepping untested tactics as Dem clash nears 'uncharted territory'

President Donald Trump's aides are quietly preparing untested legal tactics to blunt a wave of Democratic investigations they expect after the midterms.

According to an article by Politico, new preparations have started since Will Scharf took over as the White House counsel on Tuesday. An August 10 Justice Department memo has also laid the groundwork for a broader use of executive privilege.

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House censures MAGA lawmaker after probe into 'inappropriate conduct'

The House overwhelmingly voted Tuesday to censure Rep. Chuck Edwards (R-NC) after an ethics investigation found that he engaged in “persistent unprofessional and inappropriate conduct towards two young female staffers,” according to an NBC News report.

The resolution passed 413-2, with Edwards and Rep. Ralph Norman (R-SC) casting the only opposing votes.

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Outrage after another 'spineless' tech giant bends a knee to Trump's demand: 'Cowards'

Apple Maps has renamed Lake Ontario “Lake America” for users in the United States - provoking accusations that another technology giant has caved to President Donald Trump.

The change began rolling out Tuesday following Trump’s directive ordering the federal government to rename the body of water, Bloomberg’s Mark Gurman reported. Apple Maps will keep the “Lake Ontario” name for Canadian users, while international users will see both names.

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Dog-walking Nancy Mace drops F-bomb as she learns of Netanyahu's brag about Trump

MAGA Rep. Nancy Mace hurled an expletive Tuesday as she learned that Israeli Prime Minister Benjamin Netanyahu bragged on live TV that he manipulated Donald Trump into attacking Iran.

Viewers were left gasping as Netanyahu revealed he ran an "influence" campaign he claimed helped drag America into the widely unpopular war — that has now been going on for six months, has killed an estimated 18 Americans and left Trump's popularity ratings plummeting.

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'Extraordinary': Ex-Trump aide floored after Supreme Court clears way for 'fresh abuses'

Former Trump administration Homeland Security staffer Miles Taylor did not mince words as he lambasted the Supreme Court for effectively neutering any attempt to stop President Donald Trump from building his White House ballroom.

The ruling, which lifted lower-court blocks on construction as litigation continues, was closely divided, with Chief Justice John Roberts joining the liberals in a dissent against the rest of the conservative majority. The ruling technically doesn't declare Trump's actions legal, but all but ensures the ballroom will be built before any definitive ruling that it's illegal can be made.

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Republicans are quiet-quitting Trump's big party with suspiciously timed conflicts: report

GOP candidates in competitive House races told a columnist they don't know whether they'll appear at President Donald Trump's midterm convention because of scheduling conflicts.

In a Tuesday column, political commentator Joe Perticone noted a "conveniently timed epidemic of GOP scheduling conflicts" ahead of next week's midterm convention, which Republican National Committee Chairman Joe Gruters has dubbed "Trumpapalooza."

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