Trump's new financial disclosure runs 927 pages and shows he pulled in at least $1.4 billion from crypto in his first year back in office, most of it from a meme coin with his own face on it. Adam breaks down what it means for a sitting president to profit this openly from the office he holds. Plus: House Republicans tank the defense bill and leave town early for the Fourth, freezing a troop pay raise on their way out; Congressman Tom Kean Jr. returns after nearly four months away and explains why; the right scrambles for ways around its Supreme Court birthright citizenship loss; and a tightening Texas Senate race has Republicans convening in Dallas to save Ken Paxton.

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The Supreme Court upholds birthright citizenship, striking down Trump's executive order in a 6-3 ruling. Plus: Trump calls the bipartisan housing bill a "big yawn" while building a $500 million White House ballroom, a plan to issue 250 pardons for America's 250th birthday, confusion over US-Iran talks in Qatar and Trump's demand for $2.50 gas, and a federal judge calling the Gateway Tunnel funding freeze "flagrantly illegal."

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Donald Trump had a rough morning at the Supreme Court. In a 5-4 ruling written by his own appointee Amy Coney Barrett, the justices upheld Mississippi's grace period for mail ballots postmarked by Election Day, rejecting a challenge brought by the RNC and backed by Trump's Justice Department. The same morning, the Court refused to hear his appeal in the E. Jean Carroll case, leaving the jury's verdict — and the $5 million he owes her — in place.

Adam also digs into a New York Times investigation of the Trump family's stake in a Kazakhstan tungsten deal financed with taxpayer money, the election operative with no intelligence background now running staff at the nation's top spy agency, the fabricated CPS hoax that pulled Pete Buttigieg's children into a police interview, and the president's half-empty 250th birthday fair on the National Mall.

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