What Is NBC News Even Thinking Hiring Ronna McDaniel?

NBC raised eyebrows Friday when it announced that former Republican National Committee Chair Ronna McDaniel will join the network as an on-air contributor.

McDaniel, who stepped down from the RNC at the start of this month, will provide conservative political analysis on NBC and its affiliate MSNBC. She makes her on-air debut on Sunday.

NBC News political coverage chief Carrie Budoff Brown explained that McDaniel was chosen because she can provide “an insider’s perspective on national politics and the future of the Republican Party.”

That insider knowledge is apparently enough for NBC to overlook the rest of McDaniel’s history. Although she disagreed with Donald Trump in recent months, McDaniel was still one of his biggest allies in the party. She repeatedly elevated his claims and conspiracies, including that the 2020 election had been rigged and that mail-in voting allowed for fraudulent ballots to be cast.

McDaniel was elected RNC chair in 2017, at first with Trump’s support, although the former president insisted she drop her maiden name (Romney) to win his support and show loyalty. She was reelected four times and helped to transform the party into the mirror of Trump that it is now.

But Trump eventually turned on her because she refused to crown him the Republican presidential nominee and instead opted for a contested primary. Trump eventually clinched the nomination on his own, but not before he decided he’d rather have two absolute loyalists at the helm of the RNC.

The GOP in general has also soured on McDaniel because she failed massively at the two main parts of her job: fundraising and winning elections—thanks in large part to her embrace of Donald Trump.

By the end of October, the RNC had a little more than $9.1 million in its coffers, the smallest amount in nearly a decade. McDaniel insisted there was “nothing unusual” about the low funds.

Republicans also suffered wave after wave of bruising losses, from the 2022 midterm elections to, most recently, the special election for former representative and serial fabulist George Santos’s seat in New York. The party has largely blamed McDaniel for the defeats, even as many of the failed candidates mostly embraced Trump’s policies and talking points.

So, given the facts that McDaniel was both bad at her job and is now on the outs with her own party, it’s unclear what analysis of value she has to offer NBC. Instead, her hiring looks more like a shameless grab for viewers.

Representative Marjorie Taylor Greene proposed a vote to oust Speaker Mike Johnson on Friday, offering a sudden challenge to his leadership after supporting his bid for the role just four months ago.

The Georgia lawmaker reportedly filed the motion to vacate Johnson just moments before the House of Representatives voted to pass a $1.2 trillion omnibus bill. It is not yet clear if Greene filed the motion as privileged, which would require time on the House floor.

Moments after the news broke, Greene claimed she’s not yet calling for Johnson to vacate while acknowledging the motion’s filing. Instead, Greene considers it a “warning” and a “pink slip.”

“I do not wish to inflict pain on our conference and throw the House in chaos,” Greene told a crush of reporters outside the Capitol building. “But this is basically a warning and it’s time for us to go through the process, take our time, and find a new speaker of the House that will stand with Republicans and our Republican majority instead of standing with the Democrats.”

Still, even though it’s a warning, Greene did concede that she will force the vote.

“There’s not a time limit on this,” she continued.

“But I’m not saying that that won’t happen in two weeks or it won’t happen in a month or who knows when,” she said. “But I am saying the clock has started, it’s time for our conference to choose a new speaker.”

A formal vote to oust Johnson, however, might see Greene’s cause fall remarkably short. Two of the eight Republicans who voted to eject former Speaker Kevin McCarthy in October have already said that they wouldn’t have any part in a new effort to rid the lower chamber of its speaker.

Tennessee Representative Tim Burchett told Politico that he had “no idea” what Greene was doing and signaled he would not support the cause. South Carolina Representative Nancy Mace also told the outlet she would vote no.

The news follows months of circulating rumors that hinted at growing disdain for the junior party leader, who took the reins of the House in a surprise vote after Republicans cannibalized McCarthy over similar transgressions.

A vote to oust Johnson also holds the potential to completely backfire on Republicans. Democrats could use the opportunity to vote in Minority Leader Hakeem Jeffries as the speaker, putting a discordant GOP in a position of needing a nearly unanimous vote to maintain their role at the head of the lower chamber. In a vote with full attendance, the conservative party could lose just two Republican votes.

“Speaker Johnson always listens to the concerns of members, but is focused on governing. He will continue to push conservative legislation that secures our border, strengthens our national defense and demonstrates how we’ll grow our majority,” Johnson’s spokesperson, Raj Shah, said in a statement.

This article has been updated.

At least one House Republican is completely fed up with his party this week.

At a press conference on Friday, Freedom Caucus member Eli Crane was so infuriated by the six-bill, 1,012-page spending package organized by House and Senate leaders—meant to stop a government shutdown—that he urged Americans to vote out his GOP colleagues.

“Please, quit sending politicians up here who come to your town, who come to your Lincoln Reagan Day dinner, talking about fiscal responsibility, border security, and then they vote on this crap repeatedly,” the Arizona representative said, waving a piece of paper while referring to the House minibus set for a vote on Friday. “You can help us. Quit sending them up here because in case you guys haven’t noticed, we are radically outnumbered.”

“It’s always the same names. It’s always the same names of people trying to stop it. And it’s always the same names unfortunately who talk a good game in the media, and back at home in their districts, and then they come up here and they vote for this crap hoping that you don’t pay attention. You can help us,” Crane added.

The comments came during a Freedom Caucus press conference, where Crane and several other members trashed Speaker Mike Johnson. And it’s another sign that the Republican Party is in complete disarray.

And before you get too cozy on Crane, remember that the House Freedom Caucus member has vocally supported Donald Trump, celebrating his 2024 primary wins and voting against the impeachment efforts against him in 2020. He has also personally helped fuel Republican infighting, including being a part of the “Gaetz Eight,” a small cohort of Republicans who voted out former Speaker Kevin McCarthy late last year.

Moments before the House was set to vote, Crane reaffirmed his take on the package.

“This is garbage,” he said.

Donald Trump may finally get the money to start paying down his legal bills, after his social media company completed a merger Friday with a wealthy shell company.

Shareholders of Digital World Acquisition Corporation approved the merger with Trump Media & Technology Group, which has nearly run out of cash. The deal will inject more than $300 million into Trump Media and keep Truth Social, the former president’s personal social media platform, up and running.

Trump Media will now debut on the stock market with a value of more than $5 billion. Trump will own a dominant stake in the company worth more than $3 billion.

The merger comes just days before Trump must post the $464 million bond in his New York civil fraud trial. If he fails to secure the massive amount, the state attorney general can begin seizing his assets as repayment. Although the merger will provide Trump with an unexpected windfall, he may not be able to cash in just yet.

Under the merger deal, Trump is prohibited from selling any of his shares or using them as collateral for a loan for six months. He can ask the board of Digital World Acquisition Corporation to waive that rule for him, but it is unclear if they will agree.

Trump could attempt to stack the board with his allies in an effort to swing a vote in his favor, but even then, the merger is unlikely to turn out to be a golden goose. The terms of the deal prevent him from selling more than one percent of outstanding shares per quarter. And current investors won’t want him to sell off a large swath of stocks at once because it could signal he’s losing interest in the business, which in turn could turn off potential investors.

“It’s simply trading on Trump’s name,” Kristi Marvin, founder of the research firm SPACInsider, told Politico. “People aren’t buying this because they like the fundamentals—they’re buying this because they like Trump.”

And even when Trump manages to offload a large amount of stock, there’s no guarantee how much it will be worth. The stock value will depend on the whims of what Boston College law professor Brian Quinn described to Politico as “MAGA meme stock investors.”

“By the time Trump is able to start selling his shares, I doubt they will be worth much,” Quinn said. “Certainly less than his present requirements.”

And Trump has a lot of requirements. As his campaign trail fundraising lags, he struck a new joint fundraising agreement with the Republican National Committee (which is co-chaired by his daughter-in-law). Donations will now go first to his campaign and a PAC that pays his legal bills first, before the RNC can get a share, the Associated Press reported Thursday night.

Trump reportedly only has about $413 million in cash assets, not nearly enough to pay off his various legal fines. In addition to the $464 million he owes New York state, Trump owes nearly $400,000 to The New York Times and thousands of dollars for gag order violations.

He also owes $382,000 to Orbis Business Intelligence, the consulting firm owned by former British intelligence officer Christopher Steele. Trump had sued Orbis over a dossier Steele compiled in 2016 that alleged Trump and members of his inner circle had been “compromised” by Russia’s security service.

This story has been updated.

After having reached out to several guarantors and 30 suretors for help posting his $464 million New York bank fraud bond, Donald Trump suddenly wants everyone to know he actually does have the cash.

In a bizarre rant on Friday morning, the man who was found to have defrauded banks and investors by overvaluing himself and the value of his properties claimed that he had accrued the wealth by way of “HARD WORK, TALENT, AND LUCK.”

Trump also admitted he has nearly half a billion dollars in cash.

The confession directly contradicts a filing from his legal team last month arguing that it would be “impossible” to secure a bond covering the full amount of the multimillion-dollar ruling.

Trump’s words will surely help out New York Attorney General Letitia James, who on Wednesday urged an appeals court to ignore Donald Trump’s latest effort to worm his way out of paying the $464 million disgorgement from his bank fraud trial.

The former president has until Monday to pay off the half-billion-dollar disgorgement—and if he doesn’t, James can begin taking steps to seize his assets to cover the debt, including 40 Wall Street and Trump Tower.

But Trump is juggling more than the fine deadline. Paying out of pocket could potentially put a major Wall Street deal on the line for the former president, as well. On Friday, investors in Truth Social are expected to sign off on a deal that would allow the company to go public, potentially offering a gigantic financial windfall for the GOP presidential pick. In a public version of the company, which would begin trading in just a few weeks, Trump would own at least 58 percent of the shares—a stake valued at $3 billion, reported Politico.

It would, however, trip him up in the short term. In order to begin the process, Trump would need to tie up his shares of the company in a lock-up agreement for the next six months, and any potential off-loading by the former president could be seen as cataclysmic to a deal that rides on his involvement.