Thursday Afternoon Breaking News Updates with Ben - 5/21/2026

The MeidasTouch Podcast1h 10mMay 21, 2026

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AI-Generated Summary

The United States Senate has abruptly shut down in protest against Donald Trump's increasingly authoritarian behavior, including a $1.8 billion slush fund for January 6th insurrectionists and a controversial $200 million ballroom project. Ben Mycelis, host of The MeidasTouch Podcast, delivers a blistering critique of Trump's foreign policy failures, from humiliating diplomatic trips to China and Russia, to his reckless attacks on NATO, Canada, and Greenland. The episode reveals that Trump's legal team has secured a self-deal with the Treasury Department, waiving all past tax claims against him and his organization—a move that could shield billions in illicit gains. Meanwhile, Republican lawmakers, including vulnerable figures like Congressmember Fitzpatrick and Kylie, are publicly denouncing the slush fund, signaling a potential fracture within the MAGA coalition. The episode also exposes deep prosecutorial misconduct in high-profile cases, including the dismissal of charges against the 'Broadview Six,' and highlights how Trump's repeated false claims—like predicting the Strait of Hormuz would explode—have destroyed his credibility. As the House threatens to follow the Senate's lead in shutting down, Mycelis argues that the real crisis is not political gridlock, but the collapse of democratic norms and the rise of a right-wing fascist movement that now controls the Republican Party.

Key Takeaways
1

The U.S. Senate has shut down indefinitely in protest against Trump’s $1.8 billion slush fund for January 6th insurrectionists.

2

Trump’s self-deal with the Treasury Department waives all past tax claims against him and his organization, potentially shielding billions in illicit gains.

3

Trump’s claim of 'total control' over the Strait of Hormuz was a false and dangerous fabrication that failed to materialize.

4

Republican lawmakers in vulnerable seats are publicly denouncing Trump’s policies, signaling a potential split in the MAGA coalition.

5

The Broadview Six case was dismissed due to massive prosecutorial misconduct, including grand jury vouching and improper FBI testimony.

…and 3 more takeaways available in PodZeus

Chapters
0:00
6 min

Senate Shutdown Over Trump's Slush Fund and Ballroom

We're all going home. We're done here after this fight with the Trump regime, Republican on Republican, MAGA Republicans in the Senate versus MAGA in the White House.

Highlight
6:00
6 min

Trump's Foreign Policy Failures: China, Russia, and NATO

Putin made this announcement today that there were military drills in Belarus involving tens of thousands of Russian soldiers, lots of equipment for these nuclear tests.

Highlight
12:00
6 min

The $1.8 Billion Slush Fund and Self-Dealing with the Treasury

The way the waiver is written, it purports to basically be any and all known claims get waived against him, his family, and the Trump organization.

Highlight
18:00
6 min

Republican Defections and the Fracturing of MAGA

Vulnerable Republican lawmakers like Fitzpatrick and Kylie are publicly denouncing the slush fund, signaling a potential split within the MAGA coalition.

24:00
6 min

Trump's 3,700 Stock Trades and Ethical Concerns

Trump made 3,700 stock trades in Q1 2026, averaging one every nine minutes, raising concerns about insider trading and ethical violations.

High-Impact Quotes
They've got three days left. Let me explain to you the way it works. the Midas Dutch Network was saying, okay, it's not going to happen. That's not the way science works.
Ben Mycelis59:55
Viral: 90.0
The way the waiver is written, it purports to basically be any and all known claims get waived against him, his family, and the Trump organization.
Ben Mycelis17:01
Viral: 88.0
MAGA party has become a right -wing fascist party. They objectively, they don't support democracy. You've got MAGA Mike who runs this thing like the Russian Duma.
Ben Mycelis23:14
Viral: 87.0
Speakers

Host

Ben Mycelis
Topics Discussed
us senate shutdown95%maga party93%trump slush fund92%prosecutorial misconduct90%ballroom controversy88%nato87%strait of hormuz85%stock trading80%
People & Brands

ben mycelis

person

200xNeutral

donald trump

person

120xNegative

todd blanche

person

15xNegative

xi jinping

person

12xNeutral

vladimir putin

person

10xNeutral

john thune

person

8xNegative

elbridge colby

person

6xNegative

ken paxton

person

5xNegative

pablo monriquez

person

4xNeutral

jeff landry

person

4xNegative

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