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August 7, 2025 96 mins

The political theater continues this week as Texas Republicans push an aggressive redistricting plan that could flip five U.S. House seats in their favor ahead of the 2026 midterms. Backed by Governor Abbott, the move has sparked fierce backlash, prompting over 50 Democratic state legislators to flee the state and break quorum—blocking the vote entirely. In response, Republican leaders have issued civil arrest warrants and are even seeking FBI assistance to locate the missing lawmakers. National Democrats, including leaders in California and New York, have threatened to explore similar redistricting strategies, though legal differences between states make that a tougher path. Meanwhile, the Fed held interest rates steady at 4.25%–4.50% last week, as expected. But the real surprise came days later with a bombshell jobs report from the Bureau of Labor Statistics. July’s numbers came in weak, and May and June were revised downward by a combined 258,000 jobs. Many believe this data could’ve influenced the Fed’s policy stance had it been available sooner. In a bold move, President Trump fired BLS Commissioner Erika McEntarfer, claiming accountability is needed to improve data quality and timeliness. Critics argue she was just the messenger, but the message from Trump is loud and clear. Finally, we take an early look at the 2028 presidential race. Kamala Harris has announced she won’t run for California governor, leaving the door open for a presidential bid—but the decision doesn’t inspire confidence. After her loss to Trump in 2024, her standing within the Democratic Party is uncertain. We break down potential nominees on both sides and discuss why the road to 2028 already looks chaotic.

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