The Dispatch

Is Private Credit in Trouble?

Apr 6, 2026Center Right

Plus: Artemis II astronauts break a distance record, and the Supreme Court sends Bannon’s contempt case back to a lower court.

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Melania gives Congress private deadline as she works around Trump's team: report

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Melania gives Congress private deadline as she works around Trump's team: report

First lady Melania Trump gave Congress a private deadline to pass her signature foster care bill, and she is pursuing it largely outside the usual White House channels, according to a new report in Politico. At a bipartisan roundtable with the House Ways and Means Committee in April, the first lady publicly called foster care legislation a "moral imperative." Then, behind closed doors, she set a target, Rep. Jason Smith (R-MO) told the outlet: "I want this on Donald's desk by the August recess." The Fostering the Future Act, which expands housing, education and workforce help for young people aging out of foster care, passed the House unanimously.The Senate has not moved it out of committee, and lawmakers are set to leave Washington around Aug. 10. At a White House picnic the day the House passed the bill, both Trumps urged the Senate to hurry. "Hopefully, it will quickly pass in the Senate," the president said. He has not publicly pressed senators since.The deadline reflects a first lady who increasingly operates on her own track. Her office, not the State Department, has led her effort to reunite children displaced by the Russia-Ukraine war, negotiating directly with Moscow and Kyiv, the White House said. She has also shown a willingness to diverge from the administration's message. She broke with the White House on Epstein, calling for survivors to testify as the president's team tried to move past the scandal, and last week put her own spin on a Supreme Court ruling her husband celebrated, voicing support for the LGBTQIA+ community.A recent book recounted how she resisted Trump's overhaul of the White House grounds and lost.

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Economist flags troubling signs in Trump's economy: 'Shouldn't be so excited'

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Economist flags troubling signs in Trump's economy: 'Shouldn't be so excited'

A prominent economist on Thursday warned that President Donald Trump's economy has raised some concerns.Justin Wolfers, an economics and public policy professor at the University of Michigan, responded to a new report from the Department of Labor, which indicated the United States has added fewer jobs in June — just 57,000 jobs that month."Each month we just learn a little bit more about the economy," Wolfers said. "We've seen a few really, really good months, and it was a 'yabba dabba doo' moment. I was very excited. And what we see here is maybe we shouldn't be so excited. This is an economy that is not as hot as we might have thought a month ago. It's also not an economy that's sinking by any means — it's treading water; it's doing OK. Let's cross our fingers and try not to do anything wrong, and hopefully we'll keep it."For instance, Wolfers noted that the latest data showed there has been a decline in leisure and hospitality hiring at a time when several U.S. cities are hosting the World Cup, which he described as a "double whammy" for the economy. He also argued that every industry outside of healthcare showed signs of shrinking.

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A Troubling Milestone: Most Supreme Court Rulings Are Secretive Votes With Little Justification

ProPublica

2 days ago

A Troubling Milestone: Most Supreme Court Rulings Are Secretive Votes With Little Justification

The post A Troubling Milestone: Most Supreme Court Rulings Are Secretive Votes With Little Justification appeared first on ProPublica.

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Expert alarmed as Supreme Court sends Trump a troubling signal: 'A real warning sign'

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3 days ago

Expert alarmed as Supreme Court sends Trump a troubling signal: 'A real warning sign'

A legal expert was alarmed on Tuesday after analyzing the recent spate of opinions handed down by the Supreme Court. Quinta Jurecic, a staff writer at The Atlantic, said in a recent interview with Will Gotsegen, another staff writer at the publication, that the Supreme Court sent a troubling signal to President Donald Trump that it is still willing to let him get away with a lot. That's despite the court ruling against Trump in the birthright citizenship case, which Trump and his allies had staked a lot on. "What shocked me is that that ruling was, depending on how you count, 6–3 on the question of whether the executive order could stand, or 5–4 on the question of whether the Fourteenth Amendment requires a broad understanding of birthright citizenship. Very few people had thought that it would be anywhere near that close. I certainly did not," Jurecic said. She also noted that Justices Neil Gorsuch and Brett Kavanaugh gave no indication during oral arguments that they considered birthright citizenship to be outside the plain text of the 14th Amendment. Their opinions read like a sign that "the Court is willing to give Trump a pass" on almost whatever he wants, Jurecic said. "There is no ambiguity about what the Fourteenth Amendment says, and the fact that the administration seems to have been able to convince four justices that there is some ambiguity there is troubling. It is a real warning sign for the influence of Trump and the far right on the Court," she added.

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Rubio privately admits Iran deal may not be 'likely' in tense closed-door meeting: report

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3 days ago

Rubio privately admits Iran deal may not be 'likely' in tense closed-door meeting: report

A Republican congressman pushed back on Secretary of State Marco Rubio over the Trump administration's Iran agreement during a private House briefing Monday, and Rubio conceded the negotiations may go nowhere.Rep. Rich McCormick (R-GA) questioned why the U.S. would even attempt to deal with Tehran, according to a source on the call who relayed the exchange to reporter Mychael Schnell of MS NOW."I don’t understand the MOU from the standpoint of trying to come to an agreement with the country that has never been compliant with anything they’ve done in the past,” McCormick said, per the source. He added that lifting pre-war sanctions "just shows them that they're victorious," and said: "I just don't understand why we'd even consider dealing with these people in any sort of good-faith agreement."The briefing, led by Rubio and special envoy Steve Witkoff, followed the 14-point memorandum of understanding Trump signed June 17 to halt the war, reopen the Strait of Hormuz and open a 60-day window for talks on sanctions and Iran's nuclear program.Rubio responded that Iran is already doing things it would never have done, and argued the U.S. should judge Tehran by its actions rather than its statements, per the source. He also lowered expectations."No one is here under any illusion that this is easy, or even likely, in some cases… There's a reason why this has been going on for 47 years, but we’re gonna give it an opportunity," Rubio said, per the source.McCormick's skepticism echoes the alarm that greeted the deal's sanctions concessions, and lands as the ceasefire frays, with U.S. forces striking Iran again last week.

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Why do some U.S. airports have private security, but others use TSA?

NPR Topics: News

4 days ago

Why do some U.S. airports have private security, but others use TSA?

About 20 U.S. airports rely on private security companies rather than the Transportation Security Administration to ensure that passengers and cargo comply with federal aviation safety standards.

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Is Private Credit in Trouble?

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Is Private Credit in Trouble?

Compare Perspectives

Melania gives Congress private deadline as she works around Trump's team: report

Economist flags troubling signs in Trump's economy: 'Shouldn't be so excited'

A Troubling Milestone: Most Supreme Court Rulings Are Secretive Votes With Little Justification

Expert alarmed as Supreme Court sends Trump a troubling signal: 'A real warning sign'

Rubio privately admits Iran deal may not be 'likely' in tense closed-door meeting: report

Why do some U.S. airports have private security, but others use TSA?