May 22, 2025: All the president’s memecoins

Tonight, Donald Trump goes where no president has gone before: to an invite-only dinner for investors in a cryptocurrency bearing his name. The unprecedented event is the latest in a pile of entanglements that raise serious questions about palm-greasing and profiteering — from deals for Trump-branded golf courses to the $400 million jet Qatar gifted to the administration for use as Air Force One. Playbook managing editor and author Jack Blanchard digs into it all with contributing author Adam Wren. Plus, HHS Secretary Robert F. Kennedy Jr. releases its first MAHA Commission report, and the House GOP’s mammoth megabill takes a big step forward.