Trump is starting his day furious.
It is Wednesday, July 1, 2026.
Trump reportedly flew into a private rage after his 250th anniversary “State Fair” drew embarrassingly thin crowds. He took his first flight Wednesday on the $400 million luxury jet gifted to him by Qatar. New financial disclosures show his income hit $2.2 billion last year, most of it from crypto ventures run by his own family. And one of CNN’s top reporters is heading for the exits before Paramount’s Ellison family finishes its takeover of the network. It is a lot to get through this morning, so let’s go.
Before we get into the news, we need to talk about who owns the news you read, because the walls are closing in fast. The Ellison family just got Trump’s Justice Department to sign off on a deal handing them control of both CBS News and CNN, the same family that already installed MAGA-friendly Bari Weiss at CBS and gutted 60 Minutes within months. Bezos owns the Washington Post. Murdoch runs Fox. Every week that passes, more of the American press ends up answerable to a billionaire with something to protect, and the window to build something outside that system is closing fast.
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