The Powers That Be: Daily

Julia Ioffe joins Peter to illuminate the stunning resignation of Dan Driscoll, the Army’s top civilian leader: his friendship with JD Vance, media rivalry with Pete Hegseth, his push to modernize the military and inevitable clash with Boeing, Lockheed, and Raytheon. Then they turn to Hegseth’s political decapitation of DoD leadership and Driscoll’s final, Hail Mary attempt to alert Trump to the true extent of the chaos inside the Pentagon.

Eriq Gardner joins Peter to explain why Meta’s settlement with state attorneys general is less about the $18 billion price tag than the precedent it sets: courts writing the rules for social media. Then they dig into the deal’s wildest clause—an extra $5 billion if regulators get TikTok, Snap, and YouTube on board—and why litigation may be the only path left for policing Big Tech.

Marion Maneker joins Peter to remember Yayoi Kusama, the Japanese artist who died last week at 97, and unpack her multifaceted career—from a polka-dot obsession to her LVMH collaborations and museum-conquering studio. Then they dig into a recent Bloomberg article claiming Baby Boomers’ art collections may not find younger buyers, and why megadealer Larry Gagosian spies a buying opportunity.

The besties Jon Kelly and Peter dig into Hollywood’s embrace of Johnny Depp’s comeback, proving real movie stars remain rare enough to forgive almost anything—even among the audiences likeliest to hold a grudge. Then they turn to the backlash emanating from Stanley Druckenmiller’s A.I.-assisted ‘WSJ’ op-ed, and why the paper is standing by it.

Peter Hamby joins Dylan to decipher new polling on the Democratic Party’s perception problem—to wit, Trump may be historically unpopular, but voters still don’t love Democrats, either. Then they dig into the A.O.C.-Mamdani favorability gap, why Bernie’s brand of populism ages better than the “intersectional” variety, and the Gavin Newsom content-studio model for winning back young men and Latino voters ahead of 2028.