During the Constitution ratification debates between the Federalists (who supported ratification) and the Anti-Federalists (who opposed it), one of the most strident areas of disagreement was the extent to which the proposed position of president of the United States was actually an ersatz king. Leading Anti-Federalists thought the new president would be a thinly veiled monarch. In response, leading Federalists -- including those who would eventually hold radically different views of...

Israel will send a delegation of about 85 athletes to the Olympic Games in Paris in July. Protesters opposed to the war in Gaza have called for limited participation by the Israelis, and a post on Threads falsely claimed Israel is “out” of the Games. The International Olympic Committee has said Israeli athletes will be allowed to compete. Israel plans to send about 85 athletes to compete in the Olympic Games in Paris next month, its second-largest delegation ever, according to the...

Former President Donald Trump’s huge May fundraising haul erased President Joe Biden’s longstanding cash advantage as the two gear up for a rematch. Trump’s campaign had $116.6 million in the bank at the end of May, compared to $91.6 million for Biden. It wasn’t due to poor fundraising on the incumbent’s part — Biden’s campaign saw a decent fundraising rebound in May after a weak showing the month prior. But Trump’s fundraising while he was on trial in New York that month, ...

The Supreme Court on Thursday upheld a provision of the Trump tax cuts that taxed American shareholders of U.S.-controlled foreign companies on otherwise untaxed company earnings. The case, Moore v. United States, generated interest for the potential implications it would have for a wealth tax — specifically, one based on taxing investment gains that have not yet been realized. Ultimately, the Supreme Court punted on this question, describing its decision as “narrow”...

Former President Trump and his allies are laying the foundation to dismiss a strong debate performance by President Biden as a charade. Trump and other conservatives have in recent days floated the baseless claim that if Biden does well at next week’s debate in Atlanta, it will be because he’s using some kind of performance enhancer.  The claims echo a similar strategy Trump and others used to downplay Biden’s well-received State of the Union speech earlier in the year...

In these polarized times, I’ve decided to do something that may sound crazy. I’m going to watch next week’s CNN debate between President Joe Biden and former President Donald Trump with several hundred Republicans, Democrats and independents. In one room. Together. What could possibly go wrong? As Americans, we’ve lost, it seems, the ability to talk with one another. From our social media feeds to family dinners to town hall meetings to college campuses, we lecture when we should listen....

Former President Donald Trump raised so much in May he erased President Joe Biden’s longstanding cash advantage, according to the most recent campaign finance filings with the Federal Election Commission. According to the filings, the Trump campaign and the Republican National Committee raised $141 million in May. A “significant surge” came in the last two days of the month, after Trump was convicted by a New York City jury on falsifying business records, according to Politico. And...

Donald Trump continues his legal assault Friday on the criminal case accusing the former U.S. president of mishandling classified documents after leaving the White House, when his lawyers challenge the appointment of the prosecutor in the case. Trump's lawyers during three days of hearings are also expected to argue against imposing a gag order on the Republican presidential candidate over his baseless claim that a standard FBI use-of-force policy included in papers related to the...

Fundraising ability will be a key factor in former President Trump's choice for his running mate, Republican sources tell Axios. Whoever Trump picks, raising cash will be one of the would-be VP's top assignments for the rest of the campaign. Clicking with Trump, and skill on TV, remain essential prerequisites. And although the campaign has received waves of donations since Trump was convicted, money is still a priority. That helps explain why several of the top contenders to be...

It’s difficult to concisely summarize the Supreme Court’s Thursday decision in Moore v. United States, which rejects a challenge to a one-time federal tax targeting some investors in foreign corporations. But the bottom line is that Moore is bad news for anyone hoping that the Supreme Court would launch a comprehensive attack on the federal government’s ability to raise taxes.  Nevertheless, the decision is still excellent news for billionaires.