The Daily Herold: July 2, 2025 – Big Beautiful Bill Showdown, FBI Election Coverup, and Vietnam’s Trade Twist

Jon Herold packs this rapid-fire episode with updates and analysis on the biggest stories in politics and media. He opens with the frantic House negotiations over Trump’s “Big Beautiful Bill,” breaking down which provisions survived, which were quietly stripped out (like tax breaks for tips and private school vouchers), and why the gambling tax amendment could cripple an entire industry.

Jon also covers Trump’s new 20% tariff deal with Vietnam to stop Chinese trans-shipping, and highlights the FBI bombshell from Chuck Grassley revealing they buried intelligence on Chinese election interference in 2020 to protect Chris Wray’s testimony. Other headlines include Sean Diddy Combs’s partial conviction, the Wisconsin Supreme Court overturning the 1849 abortion ban, and the forced reversal of UPenn’s trans athlete policies.

With a dose of humor, Jon closes by mocking viral meltdown videos over “Alligator Alcatraz” and restaurant staff threatening to assault MAGA customers. From debt ceiling drama to the slow death of institutional trust, this episode shows how chaos and controlled leaks are reshaping the landscape just in time for 2024.