This is a web version of The Lever ’s daily email newsletter.
🔥 ICYMI in The Lever : Trump is giving Big Oil the chance to cash in on public oil reserves.
👀 Watch: The master planners couldn’t have predicted this .
👇 Further down in this newsletter:
- Chaos at FEMA ahead of peak hurricane season.
- What Iran war spending could pay for instead.
- Green investments stay greenlit.
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STORIES TO GO
In a hurry? These are the top stories in the country today.
⚖️ The state of New Mexico is suing the federal government for files related to sex offender Jeffrey Epstein, accusing the Justice Department of withholding evidence pertaining to Epstein’s Zorro Ranch compound.
📈 New job openings fell to the lowest point in three months, and a new survey of the manufacturing industry found inflation fears are worse than they were at the height of the coronavirus pandemic.
🛩️ The Pentagon reportedly jammed the GPS of a civilian medevac plane that later crashed over New Mexico, killing everyone on board.
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TODAY'S TOPLINES
Hurricane Trump. A blistering new report from the nonpartisan Government Accountability Office (GAO) found the Trump administration’s gutting of the Federal Emergency Management Agency (FEMA) has left the nation ill-prepared to deal with new natural disasters, as wildfires rage across the country and the peak of hurricane season approaches. The report said FEMA shed more than 2,500 employees this year, while hiring only 134 new employees, bringing the total workforce to less than 22,000 people (down from more than 25,000 in 2025). Those staffing cuts have resulted in a “loss of institutional knowledge and experienced personnel” that has “exacerbated long-standing workforce challenges,” the GAO said. The audit found FEMA to be rudderless after then-acting administrator David Richardson rescinded the agency’s strategic plan last year. No new plan has been put forward.
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Here Comes Hurricane Trump
Aggregated summary from an independent source. Read the original at LeverNews.