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7:20 AM ET, April 22, 2025

memeorandum

 Top Items: 
The Mainichi:
Dollar falls below 140 yen line as Trump attacks Fed chief  —  TOKYO (Kyodo) — The U.S. dollar briefly fell below 140 yen on Tuesday for the first time since last September after U.S. President Donald Trump ramped up his criticism of Federal Reserve Chair Jerome Powell for not reducing interest rates.
Discussion: Reuters, Fortune and Bloomberg
RELATED:
Hannah Erin Lang / Wall Street Journal:
Dow Headed for Worst April Since 1932 as Investors Send ‘No Confidence’ Signal  —  Few think administration's negotiations with trade partners will yield results soon enough to ease the strain  —  Created with Highcharts 9.0.1Performance since April 2 'Liberation Day'Sources: Dow Jones Market Data …
Discussion: Cafe Hayek
Wall Street Journal:
The Fire Jerome Powell Market Rout  —  Investors render a verdict on tariffs and politicizing the Fed.  —  Click for Sound  —  If the White House wanted a test of how firing Jerome Powell would go over in the markets, it succeeded on Monday.  U.S. stocks and the dollar plunged while yields …
Jesse Pound / CNBC:
U.S. dollar falls to three-year low as Trump's Powell threats further dent investor confidence  —  The U.S. dollar continued its slide on Monday, falling to its lowest level since 2022, as global investors retreat from U.S. assets in the face of tension between President Donald Trump and the Federal Reserve.
Nick Timiraos / Wall Street Journal:
Trump Is Laying the Groundwork to Blame Powell for Any Downturn  —  Central bank's legitimacy at risk as president attacks Fed for cutting rates before election but not now  —  President Trump is signaling that he will blame the Federal Reserve for any economic weakness that results …
Jack Blanchard / Politico:   Trump gets a downgrade
Tom Bowman / NPR:
Exclusive: The White House is looking to replace Pete Hegseth as defense secretary  —  The White House has begun the process of looking for a new secretary of defense, according to a U.S. official who was not authorized to speak publicly.  —  This comes as Defense Secretary Pete Hegseth continues to find himself mired in controversy.
RELATED:
Rachael Bade / Politico:
‘An amateur person’: GOP Rep. Bacon says Hegseth should go  —  The Nebraska lawmaker is the first House Republican to recommend the president fire the secretary of Defense.  —  Rep. Don Bacon, a prominent Republican on the House Armed Services Committee, became the first sitting GOP lawmaker Monday …
Jennifer Bendery / HuffPost:
Congressman: It's ‘Fair To Wonder’ If Pete Hegseth Was Drinking Amid Signal Use
Discussion: Deseret News and New York Magazine
Jean Lee / NBC News:
New images could change cancer diagnostics, but ICE detained the Harvard scientist who analyzes them  —  Without scientist Kseniia Petrova's expertise, no one can fully unlock the data's potential, putting crucial advancements in early cancer detection at risk.
Discussion: Raw Story
Stephanie Saul / New York Times:
Harvard Sues Trump Administration Over Threats to Cut Funding  —  Harvard's lawsuit comes after the administration sought to force the university to comply with a list of demands by cutting billions in federal funding the school receives.  —  Harvard, the world's wealthiest university …
RELATED:
Melissa / Harvard University President:
Upholding Our Values, Defending Our University  —  Dear Members of the Harvard Community,  —  Over the course of the past week, the federal government has taken several actions following Harvard's refusal to comply with its illegal demands.  Although some members of the administration …
Samuel A. Ha / The Harvard Crimson:
Harvard Sues Trump Administration Over $2.2 Billion Funding Freeze
Jonah E. Bromwich / New York Times:
Mahmoud Khalil's Son Arrives After ICE Refuses to Let Him Attend Birth  —  Mr. Khalil, a permanent resident detained in Louisiana, had requested a monitored furlough for the birth.  His request was denied in less than an hour.  —  The Department of Homeland Security denied Mahmoud Khalil permission …
Ashton Pittman / Mississippi Free Press:
Mississippi Governor Declares April 2025 as Confederate Heritage Month  — Click to email a link to a friend (Opens in new window) Email  —  Mississippi Gov. Tate Reeves has declared April 2025 as Confederate Heritage Month in Mississippi, keeping alive a 32-year-old tradition that began in 1993.
Annie Ma / Associated Press:
Student loans in default to be referred to debt collection, Education Department says  —  The Education Department will begin collection next month on student loans that are in default, including the garnishing of wages for potentially millions of borrowers,officials said Monday.
Punchbowl News:
4/22/25 ☀️ AM:  —  Trump administration readies ‘X date’ for debt limit … Most estimates for the date when the federal government will reach its borrowing limit — known as the “X date” — peg it at some point this summer or early fall.  But Treasury is expected to give …
Discussion: The Hill, NBC News and Jewish Insider
Victor Mather / New York Times:
Kristi Noem's Bag, With Security Badge and $3,000, Is Stolen  —  The homeland security secretary was dining at a Washington, D.C., restaurant.  She also lost her passport and keys.  —  A handbag belonging to the homeland security secretary Kristi Noem containing her passport …
Washington Post:
Justice Dept. agrees to let DOGE access sensitive immigration case data  —  About a half-dozen DOGE “advisors” won approval from the the Justice Department to access the ECAS system, according to documents reviewed by The Washington Post.  —  Representatives for the U.S. DOGE Service …
Christine Hauser / New York Times:
Six Men Are Charged After Woman Was Dragged From Idaho Town Hall  —  The plainclothes guards were involved in the forcible removal of a woman from a meeting hosted by local Republicans in Coeur d'Alene, prosecutors said.  —  Six men who prosecutors said took part in forcibly removing a woman …
Hiroko Tabuchi / New York Times:
E.P.A. Set to Cancel Grants Aimed at Protecting Children From Toxic Chemicals  —  The cancellations, set to apply to pending and active grants, also affect research into “forever chemicals” contaminating the food supply.  —  The Trump administration is set to cancel tens of millions of dollars …
Hunter Walker / Talking Points Memo:
Newly Minted DOJ Employee Michael Caputo Keeps Posting ‘Antifa’ Death Fantasies Online  —  The week before last, veteran GOP operative Michael Caputo was hired by one of President Trump's most controversial nominees to advise him ahead of what is expected to be a tough confirmation fight.
The Hill:
Trump blasts Supreme Court while arguing trials for migrants ‘not possible’  —  President Trump on Monday complained of being “stymied at every turn” by the courts, arguing the administration can't hold trials for migrants it plans to deport amid accusations they are gang members.
Russell Contreras / Axios:
Why Asia, Africa loom large in deciding next pope  —  The next pope will take over a Roman Catholic Church with dwindling membership in Europe, North America and Latin America, but surging numbers across Asia and Africa.  —  Why it matters: That's a big reason why two of the cardinals widely seen …
Discussion: The Hill, The Atlantic and Fox News
Dell Cameron / Wired:
The ACLU Is Suing the Government to Get Access to DOGE Records  —  The ACLU claims the Department of Veterans Affairs and the Social Security Administration have violated the Freedom of Information Act.  —  The American Civil Liberties Union filed a federal lawsuit on Monday …
Luke Broadwater / New York Times:
With Latest Missteps, Veneer of Discipline in 2nd Trump Term Falls Away  —  The mistakes, miscommunications and flip-flops are piling up after an early run defined by a flood of major policy changes that were rolled out at breakneck speed.  —  When President Trump assessed his team's performance …
Katya Schwenk / The Lever:
The Government's Chemical Disaster Tracking Tool Just Went Dark  —  Keep reading for FREE.  This is not a paywall.  —  Just sign up below for a free subscription to The Lever to get access to this story and much more.  —  SUBSCRIBE FOR FREE  —  Already have an account?  Sign in
Will Stone / NPR:
With CDC injury prevention team gutted, ‘we will not know what is killing us’  —  Before they were fired, staff at the Centers for Disease Control and Prevention were about to launch a new data system to improve how the U.S. tracks concussions.  —  They were planning to release updated guidance …
Debra Kahn / Politico:
Al Gore compares Trump administration to Nazi Germany  —  The former vice president said the administration was “insisting on trying to create their own preferred version of reality.”  —  SAN FRANCISCO — Former Vice President Al Gore on Monday compared President Donald Trump's administration …
Kate Knibbs / Wired:
Bluesky Is Rolling Out Official Verification  —  Bluesky's new verification process launches today.  It mixes the old-school, Twitter-style blue check bestowed by the platform with a more decentralized option for trusted organizations.  —  Starting today, Bluesky is rolling out a new verification system …
Kiera Butler / Mother Jones:
Trump May Soon Offer a Motherhood Medal, an Idea Popularized in Nazi Germany  —  “I'll be known as the fertilization president and that's okay,” the president has said.  —  On Monday, the New York Times reported that the Trump Administration is mulling a suite of initiatives aimed at encouraging Americans to have more babies.
Discussion: Raw Story
Larry David / New York Times:
My Dinner With Adolf  —  Imagine my surprise when in the spring of 1939 a letter arrived at my house inviting me to dinner at the Old Chancellery with the world's most reviled man, Adolf Hitler.  I had been a vocal critic of his on the radio from the beginning, pretty much predicting everything …
US Department of Justice:
Statement Of Acting United States Attorney Matthew Podolsky On The Conviction Of Nadine Menendez  —  For Immediate Release  —  U.S. Attorney's Office, Southern District of New York  —  Moments ago, a unanimous jury convicted Nadine Menendez for her critical role in a corruption …
Dana Hull / Bloomberg:
Tesla Slides as Analyst Warns of ‘Code Red’ Ahead of Earnings … Wedbush Securities analyst Dan Ives said Tesla's chief executive officer should step back from his controversial work at the Department of Government Efficiency and re-focus his attention on the carmaker.
 
 
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 More Items: 
Ruth Marcus / New Yorker:
The Supreme Court Finally Takes on Trump
Discussion: RedState and Raw Story
United States House Committee on Oversight …:
Comer Refers Former New York Governor Andrew Cuomo to Trump DOJ for Criminal Prosecution
William Vaillancourt / The Daily Beast:
Hegseth Runs Home to His Fox ‘Friends’ to Save Job
New York Times:
Democrats Hold Meetings in El Salvador, Seeking Release of Maryland Resident
 Earlier Items: 
Joseph Cox / 404 Media:
The FBI Can't Find ‘Missing’ Records of Its Hacking Tools
Jason Lange / Reuters:
Trump approval rating dips; many wary of his wielding of power, Reuters/Ipsos poll finds
Maura Judkis / Washington Post:
She told Trump the Smithsonian needs changing. He's ordered her to do it.
Margaret Sullivan / American Crisis:
Trump pretends he's a dictator — and the credulous media too often nods along
Marin Scotten / New Republic:
Bukele Has Cruel Plan to Make Trump's Mass Deportations Even Worse
Stephen Smith / CBS News:
Delta plane engine catches fire at Orlando airport, passengers evacuate on slides