
Republicans Get Elon Relief. Dems Are Outta Luck.
Plus: A senator wonders, were the stocks too high?
The Trump administrationās Department of Government Efficiency (DOGE) has made sweeping, unilateral cuts to federal funds, and these cuts are quite unpopular, particularly with members of Congress who want federal services to stay intact (at least in their districts) to keep their voters happy. All across the country, field offices for popular government programs such as Social Security are closing, and employees are being shown the door. Unfortunately, thereās not much that can be done to stop itāunless, of course, youāre a Republican with Elon Muskās ear.
The White House insists that Musk isnāt the one wielding the DOGE axe, notwithstanding Trumpās claim in his address to a joint session of Congress that DOGE is āheaded by Elon Musk.ā1 But Republican lawmakers know well that the way to get around the devastating cuts and exponentially growing ācustomer-service problemsā is simple: Just get some face time with Elon, Schrƶdingerās DOGE head.
Rep. Tom Cole (R-Okla.) chairs the House Appropriations Committee, which manages how federal funds are allocated; he said Friday that ācommon sense has prevailedā after securing exemptions from DOGE cuts affecting three critical government offices in his districtāa National Weather Center, a Social Security office, and an Indian Health Services office.
In another instance, Rep. Derrick Van Orden (R-Wis.) managed to get the administration to release grant money for dairy farmers after going āeyeball to eyeballā with Musk. Wisconsinās Democratic senator, Tammy Baldwin, had no such luck.
Itās hardly sustainable for lawmakers to personally reach Musk by phone if they want to keep money and services flowing for their constituents. And even those lawmakers who support impoundmentāthe presidentās ostensible power to slash congressionally appropriated funding at willāhave been left trying to at least feign sympathy for their congressional colleagues.
āLook, everybody should have input,ā said Rep. Chip Roy (R-Texas), who has been largely supportive of DOGE. āThe administrationās gotta make decisions on what is effective and whatās not. Nobodyās gonna shut down the distribution of Social Security checks.ā
It was unclear if by āeverybody,ā Roy meant everybody or just every Republican. As for the impacts DOGE is having on Social Security, Roy seemed un-bothered by reports that Social Security Administration offices are being marked for closure.
āTheyāre gonna do their work to get Social Security [checks] out and accounts handled. So Iām not all that worried about that,ā he said. āBut in terms of like, members that are callingāeverybodyās got input, right? But you gotta cut the waste.ā
In the end, I did manage to find one Republican lawmaker who wasnāt as gung-ho about the executive branch ignoring the will of Congress. Sen. Josh Hawley (R-Mo.) told me that āfor any of these [DOGE cuts] to be permanentāto have any lasting effectāweāre gonna have to legislate on it in terms of what we appropriate [or] what we donāt.ā Hawley added that while heās by and large a fan of the cuts DOGE is making, Congress had to codify them through legislation:
So what Iām monitoring from my state isāI love the presidentāsending people back to work or firing them if they wonāt. I love the getting rid of the ridiculous spending and waste that weāre seeing in stuff like USAID. Iām not a fan of USAID. Iād love to get rid of that agency, just to be honest with you. Everybodyāthe Democrats think, āOh, youāre destroying the agency!ā I would love to destroy that agency and give its few responsible duties squarely to the State Department. So Iām a fan of all of that.
Otherwise, when weāre talking about cutting, okay, what does that look like? My bottom line is, I want the services that my constituents are paying for, I want them to be delivered to them with excellence. I want the [Veterans Affairs] open, I want it running really well, I want the best medical care we can get for veterans. I want the conservation offices open.
When I asked Hawley about the Social Security Administration office closures specifically, he said, āThey need to be open. Thatās not helpful.ā
āPeople need to be able to go and get answers,ā he added. āThis is exactly the kind of thingātheyāve gotta be able to go. . . . Listen, for years now in my state at leastāand many, I bet, because federal workers have been working remoteāthe big complaint is theyāll show up to these offices and nobodyās there, and itās like, āCall the following number.āā
āSo my view is, we need to be getting people back into those offices,ā Hawley concluded. āWe ought to be making sure weāre delivering excellent service. . . . Cut a bunch of federal workers? Iām all for thatājust so long as the service the people pay for remains outstanding.ā
If Hawley is interested in keeping those SSA offices well staffed, he could simply call Musk. Itās unclear if heāll do that.
In certain communities and cultures, simply āknowing a guyā is the way to get business done or secure special treatment.2 In a Congress that likes to extol the virtues of equal representation, the same dynamic is giving Capitol Hill the feeling of a zoo in which the most dominant primates get to keep their bananas. And simian politics is not for the faint of heart.
The stocks are too damn high
In a Monday interview with Fox Newsās Larry Kudlow, Sen. Tommy Tuberville (R-Ala.) suggested the stock marketās recent nosedive was reasonable, even justifiable, because things had simply gotten too lucrative.
The only problems you have with these tariffs is thereās always a scoreboard, and thatās going to be the stock market. And people are looking at the stock market, like, āHey, this is how itās going to continue to be for months and months and months.ā Thatās not gonna happen. You know, we were probably over-bloated with the stock market here for a while. We went up quite a bit. But at the end of the day, itās about fairness. Itās about having fair tariffsāeverybody on the same pageāand again, weāve gotāPresident Trump has put together a smart group of people that understand a lot about the dollar and a lot about foreign currency, all the things that are going on. At the end of the day, itās all gonna work out.
The idea that the stock market, where millions of Americansā retirement accounts ride the waves of finance and occasionally sink beneath them, could have gotten high enough to need a correctionāI found this view quite strange. So, later Monday evening, I asked Tuberville to elaborate on his statement that the market was āover-bloated.ā
āItād gone way up, you know, probably over-priced,ā he said. āIn a short period of time it had really gone up, and so it probably reset itself a little bit.ā
Asked whether the market could get back to the same level, Tuberville said, āNo doubt.ā
I noted that the consensus has been that the market dive was a direct result of Trumpās tariffs and the economic instability they bring. Tuberville said that more tariffs coming at the start of next month would right the ship. (He did not make clear how exactly this righting would be achieved.)
āThey donāt last forever, I mean,ā Tuberville added. āThe reciprocals are gonna be, what, April 2nd? So itāll be good. Bye, bye, bye.ā
For what itās worth, I checked the handy Autopilot app3 to see how Tubervilleās portfolio is performing over the past three months. He was down 6.9 percent as of Monday.4
America first, now last
Regular Press Pass readers are no strangers to one of our newsletterās most well-trod paths, which leads through grim reporting from the dim precincts of our crumbling legislative branch to arrive at a bright and uplifting story about pants manufacturing. Well, today, weāre venturing a little ways off that path.
The United States was once the world leader in high-quality blue jeans. Those days are long gone, with America ceding its title to Japan, which has for years been the finest producer in selvedge denim. Wilbur Ross, a businessman who sailed to confirmation as secretary of commerce during Trumpās first term, helped land a killing blow to American denim when he sold the parent company of Cone Mills, which operated the last domestic selvedge denim mill in Greensboro, North Carolina, to a private equity firm. Less than a year later, that firm shuttered the mill, and the looms went silent.
Now, almost a decade on from the White Oak Mill closure, thereās a longshot attempt to salvage the selvedge. GQās Jeremy Freed writes:
Most of the worldās selvedge used to be produced in the United Statesāmuch of it at White Oakābut changing technology and the fashion industryās relentless pursuit of ever-lower labor costs have pushed American textile manufacturing, and American-made selvedge, to the brink of extinction. Nowadays, most high-end selvedge is produced in Japan, a country whose economy supports a thriving ecosystem of textile mills and homegrown specialist denim brands. If you own a pair of selvedge jeans, whether theyāre from a big brand like Leviās or denim-head cult like Iron Heart, the fabric was probably milled in Japan.
In 2018, when Vidalia Mills moved into its factoryāa 900,000-square-foot former Fruit of the Loom distribution centerāthe companyās stated ambition wasnāt just to pick up where White Oak left off, but to create an entirely new business model. As a vertically integrated denim mill, it promised to turn sustainably produced American cotton into an array of fabrics, including traditional selvedge, and create hundreds of jobs in the heart of the Cotton Belt. With White Oakās demise still fresh, and a growing enthusiasm for authentic American workwear here and abroad, it seemed almost too good to be true. . . .
The dream, however, was short-lived. After encountering quality-control issues, customer service problems, and unfilled orders, McCann eventually gave up on Vidalia in 2024. What exactly went wrong isnāt clear, and no one from within the company is currently talking about it publicly, but by last fall things were looking increasingly dire. In September, Vidalia Mills announced a rebrand while attempting to raise $7 million to āovercome funding delays and scale operations.ā In October it reportedly laid off 30% of its workforce. A month after that it shut down operations and locked its gates.
Correction (11 a.m. EDT March 12): An earlier version of this article incorrectly located Cone Millsās shuttered denim plant in White Oak, North Carolina. The White Oak Mill is actually in Greensboro.
Trumpās slipup immediately became part of the ongoing legal fight against DOGEās authority. Itās hard for a lawyer to claim that some anonymous or unknown other is the chief decisionmaker for the organization when the president makes a statement to the contrary in front of tens of millions of viewers.
If you ask a restaurant or local business to call you a cab in the small towns along Lake Como, thereās a strong chance that the driver who shows up will just be their one friend who owns a big-enough car. Itās not a fair system, but itās cheaper than Uber. Just make sure to negotiate the rate before hitting the road.
Autopilot is an app that tethers your brokerage account to major money movers and politicians. Itās fun to look at and see just how much better (or worse) certain individuals perform compared to major hedge funds.
Disclosure: I have a modest sum invested in the portfolio that tracks Nancy Pelosiās public disclosures. Itās down 18.9 percent since the start of this year. (Gulp!)
Itās laughable to suggest that Tommy Tuberville understands the stock market, or anything else (except perhaps football). Perhaps his views of the market, international politics, and DEI ought to just be ignored.
Someone needs to challenge Josh Hawley on connecting DOGE firings to remote work and the Return to Office policy. Thousands of federal public servants have been fired unrelated to their desire to RTO. Also, most have been fired unrelated to their actual job performance either.