• Washington
  • Wall Street
  • A.I.
  • Hollywood
  • Media
  • Fashion
  • Sports
  • Art
  • Join Puck Newsletters What is puck? Authors Podcasts Gift Puck Careers Events
  • Join Puck

    Directly Supporting Authors

    A new economic model in which writers are also partners in the business.

    Personalized Subscriptions

    Customize your settings to receive the newsletters you want from the authors you follow.

    Stay in the Know

    Connect directly with Puck talent through email and exclusive events.

  • What is puck? Newsletters Authors Podcasts Events Gift Puck Careers

{{ 'now' | timezone: 'America/New_York' | date: '%b %d, %Y' }}

The Best & The Brightest
United Health Group
Leigh Ann Caldwell Leigh Ann Caldwell

Hello and welcome back to The Best & The Brightest. I’m Leigh Ann Caldwell, writing from an undisclosed location outside of Washington, where I’ve escaped for some skiing (and not much else).

We’ll be off on Wednesday and Thursday, but there’s still so much news to cover. In today’s issue, Abby Livingston is taking the lead with a dispatch from Manhattan, where Zohran Mamdani is throwing his weight around a congressional primary that could presage a Tea Party–style reckoning for the Democrats. Tomorrow, Peter Hamby will be back in your inbox with a fascinating report from the front line of Trump’s immigration crackdown in California.

But first, a few words of wisdom from my partner Bill Cohan, Puck’s own Wall Street veteran, on the president’s new fusion business…

Mentioned in this issue: Zohran Mamdani, Devin Nunes, Donald Trump Jr., Elise Stefanik, Mike Lawler, Laura Gillen, Tom Suozzi, Dan Goldman, Kristi Noem, Brad Lander, Bernie Sanders, Elizabeth Warren, Joe Crowley, Alexandria Ocasio-Cortez, Ruben Gallego, Ted Lieu, Eric Swalwell, Ritchie Torres, Eric Cantor, and many more…

A MESSAGE FROM OUR SPONSOR

United Health Group
United Health Group

We’re working to prevent disease before it starts.

 

Too often, patients face barriers in getting the care they need. UnitedHealth Group is helping to remove these barriers while prioritizing new preventive care approaches that help keep patients healthy.

William D. Cohan William D. Cohan
  • Trump goes nuclear (why not?!): Just when you might have thought investors in Trump Media & Technology Group stock were beginning to face the reality that the company was little more than Donald Trump’s continuous stream of Truth Social–borne hot air—it had little revenue to speak of this year, and the stock was down 70 percent for 2025 as of Wednesday—along came a truly bizarre merger announcement that suddenly has the stock soaring. C.E.O. Devin Nunes declared that TMTG would merge with TAE Technologies, a Google-backed nuclear fusion company, in a $6 billion deal. On the news, TMTG was up 54 percent in the last two days. The value of Trump’s roughly 115 million shares jumped by some $500 million.

    Yes, Trump’s struggling social media platform is buying a nuclear fusion company. And why not? In the SPAC era, who needs strategic logic for a merger anymore? After the deal closes, the TMTG shareholders will own about half of the combined company and the TAE shareholders—including Google, Goldman Sachs, New Enterprise Associates, Michael Schwab (son of Charles, who is also an investor)—will own the other 50 percent. Michael Schwab will be chairman of the combined company’s board and Donald Trump Jr. will be a director because, you know, he must know a thing or two about nuclear fusion. “Trump Media & Technology Group built uncancellable infrastructure to secure free expression online for Americans, and now we’re taking a big step forward toward a revolutionary technology that will cement America’s global energy dominance for generations,” Nunes said.

    To ensure that investors didn’t miss his meaning, Nunes also spoke about how the new TMTG would be a valuable source of cheap energy for the A.I. revolution now underway in America, because nuclear fusion will be the “most dramatic energy breakthrough” since the 1950s. Talk about A.I. slop!

And an update from Abby on the Stefanik fallout…

Abby Livingston Abby Livingston
  • Elise runs out: Just about everyone seemed caught off-guard by Elise Stefanik’s announcement, amid the pre-Christmas Friday news dump, that she was suspending her campaign for New York governor and wouldn’t seek reelection to the House. In some quarters, at least, it even obscured the scandal surrounding the redaction of the Epstein files; when I asked a Republican operative about reactions to the new Epstein photos within the party, the source replied: “That’s something that hasn’t been mentioned once, shockingly. It’s all Elise, all the time.” A startled Rep. Mike Lawler told Jake Tapper on Friday that he needed to “wrap my head around” the news as he made his own decision about whether to run for governor. (He’d previously deferred to Stefanik.) 

    As for the political implications, Republicans and Dems alike shared this snap analysis: Stefanik would have been a better statewide candidate than newly minted Trump endorsee Bruce Blakeman, the Nassau County executive, but Blakeman might give Republicans a small coattail boost in the Long Island seats currently held by Democrats Laura Gillen and Tom Suozzi.

And now, the main event…

“The Mini Mamdanis Are Coming”

“The Mini Mamdanis Are Coming”

Dan Goldman, the popular resistance-lib congressman repping downtown Manhattan and much of brownstone Brooklyn, was a star on MSNBC. But in a year in which his rival was just endorsed by Mayor-elect Zohran Mamdani, Democrats fear he could be among the biggest names to fall in a Tea Party–style reckoning.

Abby Livingston Abby Livingston

As Capitol Hill began packing up for the holidays, an intriguing piece of gossip wended its way through House Democratic circles: Was Dan Goldman in primary trouble? Goldman, after all, is something of a rising star in the party: rich, handsome, and as comfortable in the green room as he is clashing with Kristi Noem in a committee hearing. Until recently, it was widely assumed that the sophomore congressman, who represents some of the wealthiest zip codes in Lower Manhattan and brownstone Brooklyn, would be a shoo-in for reelection. Then Brad Lander, the outgoing New York City comptroller, declared he would be challenging Goldman from the left—with the endorsements of Bernie Sanders, Elizabeth Warren, and perhaps most crucially, Zohran Mamdani, the city’s democratic socialist mayor-elect.

A MESSAGE FROM OUR SPONSOR

United Health Group
United Health Group

At UnitedHealth Group, we’re reshaping care with a new approach: Helping physicians focus on patients and prevention, instead of paperwork.

 

See how we’re helping patients live healthier lives with a new model for health care.

It’s no secret that a number of House Democratic incumbents may be on the primary chopping block next year. Many of those vulnerable members have a distinct archetype: older and out-of-touch, the last to realize they’ve stayed too long at the fair. But that’s not Goldman’s profile at all. He’s a youthful-ish 49, has legitimate resistance street cred, and knows how to perform for the cameras after spending years beating the hell out of Trump as an MSNBC legal analyst. Also, as heir to the Levi Strauss fortune, he’s one of the wealthiest members of Congress; he spent $5 million of his own money in his 2022 primary race. “Goldman is very talented. He has a lot of money at his disposal,” said Jon Reinish, an unaligned New York Democratic consultant. “He has good local relationships.”

And yet, those are precisely the reasons that his apparent vulnerability has spooked some House Democrats. If a candidate like Goldman is in trouble, then other incumbents suddenly look a lot less safe, too.

The Mamdani Effect

In New York City, a House Democratic seat used to come with a semi-lifelong tenure. But the city’s political machine isn’t what it once was, as Joe Crowley, the 10-term incumbent and caucus leader, learned when he lost a primary to a 28-year-old unknown named Alexandria Ocasio-Cortez in 2018. If anything, the city’s politics have only become more liberal and anti-establishment in the intervening years. While Republicans have been counting on the Mamdani association to taint Democrats in the midterms, the 10th district is one of the few places it could be an advantage—or, at the very least, a critical test of Mamdani’s influence on the party.

A Goldman-Lander-Mamdani proxy battle would also help to illuminate another question that has been hanging over the Democratic Party: the salience of the Israel issue, which has roiled New York politics since the Hamas attack of October 7, 2023, and the Israeli response that followed. Goldman has described himself as a “proud Zionist and supporter of Israel,” and he was in the country on October 7. Lander, who describes himself as a liberal Zionist, came out of the gate in his December launch video tying Goldman to AIPAC and arguing that “our mayor” Mamdani, who accused Israel of genocide on the campaign trail, “can have an ally in Washington instead of an adversary in his own backyard.”

House Democrats are especially alarmed by the ruthless organization of the progressive forces aligned against Goldman, who came to office after narrowly prevailing in a crowded 2022 primary. This time around, several potential progressive candidates refrained from running and called for the left to consolidate behind Lander.

United Health Group
United Health Group

Of course, Lander will also need to prove he can translate that enthusiasm into small donors. (Presumably, the Mamdani machine can help activate volunteers.) Because he can self-fund, Goldman will begin the primary with a sizable financial advantage—and that’s before super PACs get involved. The incumbent congressman also snagged donations earlier this year from several prominent Capitol Hill Dems: Ruben Gallego, Ted Lieu, Eric Swalwell, and Steny Hoyer. The primary will likely be astronomically expensive regardless, given the cost of the New York City media market. “A lot of dumb fucking money is going to be spent in New York,” groused one House Democratic chief of staff. “And it’s money that should be spent elsewhere.”

Democrats’ Tea Party?

It’s not as if Goldman has been asleep at the wheel like some of the felled incumbents of yesteryear. He already has $1.2 million raised for this campaign, a large social media following, and TV bookers on speed dial. As a former federal prosecutor who served as a staffer during Trump’s 2019 impeachment, Goldman would be a natural for party leaders to lean on for their investigations into Trump, should Democrats retake the House.

But incumbency advantage isn’t what it used to be, and Democratic members are running scared all over the country. In New York alone, nearly every Democrat in the vicinity of Manhattan has built up a cash-on-hand war chest ahead of the June primary: Adriano Espaillat has $1 million, Gregory Meeks has $2 million, and Ritchie Torres has $14 million in the bank. This fall, only Brooklyn’s Yvette Clarke announced a sub-paranoid cash stockpile ($65,000). “They’re going to have to watch their back,” the House Dem chief said of the New York delegation. “You always need to be prepared to have a challenger.”

Indeed, multiple Democratic sources have suggested that this cycle will be less reminiscent of past blue waves, like 2006 and 2018, and more like the 2010 Republican cycle, when G.O.P. members were beginning to be overcome by Tea Party insurgents, culminating two cycles later with the ouster of House Majority Leader Eric Cantor. Ocasio-Cortez broke the seal with her 2018 primary defeat of Crowley, but only a handful of her imitators made it to Congress, and things in New York seemed to have settled down in the interim.

Now, though, Mamdani-mentum threatens to replicate A.O.C.’s success against an even wider circle of once-comfortable incumbents. “The would-be mini-Mamdanis are coming out of the woodwork to challenge incumbents. Now, will all of them be successful? No, not all of them,” said Reinish, the Democratic consultant. “[If you’re in] New York or Chicago or Los Angeles or Philly or any of the big cities, and you’re an incumbent, you have been smartly creating a cushion for a year now.” At least, he added, “I hope you have.”

The Powers That Be

Join Emmy Award-winning journalist Peter Hamby, along with the team of expert journalists at Puck, as they let you in on the conversations insiders are having across the four corners of power in America: Wall Street, Washington, Silicon Valley, and Hollywood. Presented in partnership with Audacy, new episodes publish daily, Monday through Friday.

Dry Powder

Unique and privileged insight into the private conversations taking place inside boardrooms and corner offices up and down Wall Street, relayed by best-selling author, journalist, and former M&A senior banker William D. Cohan.

Stories
Lame Duck Soup

Lame Duck Soup

LEIGH ANN CALDWELL

Media State of the Union

Media State of the Union

DYLAN BYERS

Art’s $14B Blowout

Art’s $14B Blowout

MARION MANEKER

Puck
Facebook Twitter Instagram LinkedIn

Need help? Review our FAQ page or contact us for assistance. For brand partnerships, email ads@puck.news.

You received this email because you signed up to receive emails from Puck, or as part of your Puck account associated with {{customer.email}}. To stop receiving this newsletter and/or manage all your email preferences, click here.

 

Puck is published by Heat Media LLC. 107 Greenwich St., New York, NY 10006

SEE THE ARCHIVES

SHARE
Try Puck for free

Sign up today to join the inside conversation at the nexus of Wall Street, Washington, A.I., Hollywood, and more.

Already a member? Log In


  • Daily articles and breaking news
  • Personal emails directly from our authors
  • Gift subscriber-only stories to friends & family
  • Unlimited access to archives

  • Exclusive bonus days of select newsletters
  • Exclusive access to Puck merch
  • Early bird access to new editorial and product features
  • Invitations to private conference calls with Puck authors

Exclusive to Inner Circle only



Latest Articles from Washington

Rep. Randy Feenstra
Marianna Sotomayor • December 23, 2025
G.O.P. Jitters in Iowa and New Jersey
Trump’s endorsement streak comes to an end in the Hawkeye State, and an AWOL congressman gets an ex-Navy pilot challenger.
Maine Senate candidate Graham Platner
Leigh Ann Caldwell • December 23, 2025
Hill Rebellion & The Platner Files
The House rebukes the president on two separate bills, and Maine’s Graham Platner assures senators there isn't worse oppo to come.
Xavier Becerra
Peter Hamby • December 23, 2025
Revenge of the Normie Libs
In California’s primaries, voters mostly chose pragmatism over progressivism: Tom Steyer’s class crusade fizzled, Saikat Chakrabarti got Pelosi’d, L.A. rejected its wannabe Mamdani, and Spencer Pratt—yes, Spencer Pratt—is still in the running.


Chip Roy, Thomas Massie
Marianna Sotomayor • December 23, 2025
The Makings of a House YOLO Caucus
House Republicans are bracing for the return of members such as Thomas Massie and Chip Roy, who may come back as total renegades after losing primaries—and more Republicans may fall tonight.
Bill Pulte
Leigh Ann Caldwell • December 23, 2025
The G.O.P.’s Pulte Problem
It seemed like Donald Trump was trying to make amends with Republican senators after he backed off of some controversial demands. The bonhomie lasted about 18 hours.
Chris Murphy
John Heilemann • December 23, 2025
Murphy’s Law
A candid conversation with the junior senator from Connecticut, Chris Murphy, about the president’s slate of terrible Iran options and the blatant corruption that has marked his return to office.


Mike Johnson
Marianna Sotomayor • December 23, 2025
Slush Fund Showdown & Primary Tea Leaves
The White House may be walking back its “anti-weaponization“ gambit, and races in Iowa and California will test Democrats‘ taste for insurgent candidates.


Get access to this story

Enter your email for a free preview of Puck’s full offering, including exclusive articles, private emails from authors, and more.

Verify your email and sign in by clicking the link we just sent.

Already a member? Log In


Start 14 Day Free Trial for Unlimited Access Instead →



Latest Articles from Washington

Graham Platner
Leigh Ann Caldwell • December 23, 2025
Dems Reckon With the Platner Oppo
And Maine Gov. Janet Mills, who suspended her state's Senate primary, has reminded voters her name is still on the ballot.
Zohran Mamdani
Marianna Sotomayor • December 23, 2025
The Mamdani Betrayal & Trump Endorsement Games
Hill Dems are furious that the New York mayor has turned on one of their own, while the G.O.P. is feeling relieved about Iowa.
Donald Trump
Leigh Ann Caldwell • December 23, 2025
Senate Republicans Plot Their Revenge on Trump
After the president helped end the careers of two of their own, many in the Senate G.O.P. feel he’s broken their political contract. Now, instead of constantly bowing to the executive branch, they’re agitating to fight, or at least stand up for themselves.


Elizabeth Warren
Leigh Ann Caldwell • December 23, 2025
A.I. Hallucinations on the Hill
Democrats have started releasing a slew of remarkably similar A.I. action plans after being slow out of the gate on the issue. Republicans, meanwhile, are facing their own A.I.-related identity crisis.
donald trump
Julia Ioffe • December 23, 2025
Schrödinger’s War
Endlessly shifting goalposts and an increasingly violent ceasefire with Iran have created the perfect conditions for a new kind of forever war in the Middle East—a frozen conflict in which the only beneficiary may be Trump, himself.
House Freedom Caucus, Chip Roy
Marianna Sotomayor • December 23, 2025
The Freedom Caucus Crossroads & The Lead Left Mystery
What happens to the most raucous caucus when many of its loudest members leave? Plus, the costly G.O.P. shadow operation that achieved... nothing much.


John Cornyn
Abby Livingston • December 23, 2025
Texas Hold ’Em
John Cornyn’s humiliating 28-point wipeout has Republicans spiraling over donor flight, Senate math, and whether scandal magnet Ken Paxton just handed Democrats their dream matchup.
Get access to this story

Enter your email to get access to one article and free previews of our private emails from Puck authors and editors.

OR

Already a Member? Sign in



Latest Articles from Washington

Leigh Ann Caldwell • December 23, 2025
More From Georgia & Redistricting Whiplash
Things get even uglier in the G.O.P. primary to unseat Sen. Jon Ossoff, plus more developments in the gerrymandering wars.
Xavier Becerra mail advertisement
Peter Hamby • December 23, 2025
Is Xavier Becerra the Best California Can Do?
Among Democratic professionals in California, the prevailing sentiment about the governor’s race is a depressed shrug and a question: How did we end up with Becerra and Tom Steyer as Newsom’s most likely successors?
Vladimir Putin
Julia Ioffe • December 23, 2025
Putin on the Fritz
Russia is in deep, deep trouble, spurring renewed speculation about possible collapse. But we’ve seen this movie before, and Putin always manages to hold on. Is this time different?


John Thune
Leigh Ann Caldwell • December 23, 2025
The G.O.P. Mini-Resistance
Trump has spent his second term largely getting what he wants from Congress as he’s launched wars, imposed tariffs, and accumulated crypto wealth with little scrutiny. But last week, he encountered more resistance from his party on the Hill than at any point since his second swearing-in.
Ken Martin
Marianna Sotomayor • December 23, 2025
The D.N.C.’s Post-Autopsy Autopsy
Insiders knew they'd get blowback from the half-baked report whether it came out or not. But they also say that despite this latest fumble, Ken Martin isn't going anywhere.
Mike Collins
Leigh Ann Caldwell • December 23, 2025
A Georgia Senate Scoop & Ballroom Shenanigans
Mike Collins's critics angle for the White House's ear, while the G.O.P. punts on ICE and Trump's ballroom.


donald trump
Peter Hamby • December 23, 2025
Trump’s Midterm Tax & Rubio’s ’28 Gains
In exclusive new polling for Puck, more than six in 10 Americans say the economy is getting worse—about the same number that want the gas tax suspended. Meanwhile, Vance’s support is slipping—even as he maintains a whopping 19-point edge over Rubio in a possible 2028 primary matchup.


  • Terms
  • Privacy
  • Contact
  • FAQ
  • Careers
© 2026 Heat Media All rights reserved.
Create an account

Already a member? Log In

CREATE AN ACCOUNT with Google
CREATE AN ACCOUNT with Google
OR YOUR EMAIL

OR

Use Email & Password Instead

USE EMAIL & PASSWORD
Password strength:

OR

Use Another Sign-Up Method

Become a member

All of the insider knowledge from our top tier authors, in your inbox.

Create an account

Already a member? Log In

Verify your email!

You should receive a link to log in at .

I DID NOT RECEIVE A LINK

Didn't get an email? Check your spam folder and confirm the spelling of your email, and try again. If you continue to have trouble, reach out to fritz@puck.news.

CREATE AN ACCOUNT with Google
CREATE AN ACCOUNT with Google
CREATE AN ACCOUNT with Apple
CREATE AN ACCOUNT with Apple
OR USE EMAIL & PASSWORD
Password strength:

OR
Log In

Not a member yet? Sign up today

Log in with Google
Log in with Google
Log in with Apple
Log in with Apple
OR USE EMAIL & PASSWORD
Don't have a password or need to reset it?

OR
Verify Account

Verify your email!

You should receive a link to log in at .

I DID NOT RECEIVE A LINK

Didn't get an email? Check your spam folder and confirm the spelling of your email, and try again. If you continue to have trouble, reach out to fritz@puck.news.

YOUR EMAIL

Use a different sign in option instead

Member Exclusive

Get access to this story

Create a free account to preview Puck’s full offering, including exclusive articles, private emails from authors, and more.

Already a member? Sign in

Free article unlocked!

You are logged into a free account as unknown@example.com

ENJOY 1 FREE ARTICLE EACH MONTH

Subscribe today to join the inside conversation at the nexus of Wall Street, Washington, A.I., Hollywood, and more.

START 14-DAY FREE TRIAL

  • Daily articles and breaking news
  • Personal emails directly from our authors
  • Gift subscriber-only stories to friends & family
  • Unlimited access to archives
  • Bookmark articles to create a Reading List
  • Quarterly calls with industry experts from the power corners we cover