Prospect

Today is billed as ‘Liberation Day,’ as Trump plans to unveil his master tariff program at 4 p.m. The details are still obscure, even to Trump.

A really bad night for Elon Musk

Rocket wants to became the only mortgage company in America. The CFPB found its tactics to be illegal—until Donald Trump let the company off the hook.

Nothing like a military crisis to break the fetish for balanced budgets.

The Federal Mediation and Conciliation Service has been destroyed. It provided free collective-bargaining mediation and saved hundreds of millions of dollars in labor costs.

Today on TAP: The ‘race-centered’ Smithsonian exhibits are bad, but there’s nothing race-centered in restoring Confederate statuary.

The capital city of Nebraska will have to change its name.

In the 1980s, Wall Street vowed to make housing more affordable through deregulation of housing finance. The result was the 2008 crisis.

That challenge is key to winning back voters who deserted the Harris-Walz ticket in 2024. Some rank-and-file members are calling for something new.

Trump’s energy policy is hurting red states. Do they care?

Today on TAP: Its law school faculty shames the university’s general strategy of appeasement.

Alternately belligerent, self-enriching, militaristic, and realist, Trump’s haphazard path is different from the establishment’s slow road to obliterating Gaza.

Stripping bargaining rights from most federal employees is one more way he’s converting a constitutional government into a monarch’s court.

As access to gambling expands, concerns about addiction among young people have increased.

The Trump administration has cut programs that help prevent forced labor and child labor. This will suppress wages everywhere, including the U.S.

On our live show, David and Ryan Cooper discuss Signalgate, which blue states are making the most of their power, and why Norway’s sovereign wealth fund should divest from Tesla.

Today on TAP: Opposition to Trump is growing. That will embolden more opposition.

First the gutted CFPB pronounced ‘Whites Only’ marketing legal again. Now Boeing wants to renege on the sweetheart deal of the century.

Trump’s on-again, off-again tariffs are incoherent, but that should not discredit targeted tariffs paired with investment as a policy lever.

Its vast sovereign wealth fund owns nearly 36 million Tesla shares. Better get out while the getting is good.