
Chuck Todd is leaving NBC
In an internal memo on Friday, Todd thanked his longtime colleagues and said he has a 'few new projects' in the works, signaling a desire for a more entrepreneurial phase of his career. For that reason, he said he is leaving the network a number of months before his NBC contract was set to expire.
Todd said NBC is allowing him to take his twice-a-week podcast franchise, 'The ChuckToddcast,' to a new distributor.
For about a decade, Todd was one of the most prominent voices at NBC News, covering the political rise of Donald Trump and the Democratic response. He helmed 'Meet the Press' from 2014 until 2023.
Todd was outspoken about the corrosive impacts of Trump-era lies and indecency — and was ridiculed by Trump and others for it.
In 2023, after a management change atop NBC News, Todd stepped down from 'Meet the Press' and Kristen Welker took over his role.
Todd said it was important not to 'overstay' his welcome — a striking message for a Washington crowd full of elderly politicos. 'I'd rather leave a little bit too soon than stay a tad too long,' he added.
Todd saw his air time diminished in recent years, though he remained a prominent part of political and Election Night coverage last November.
In a statement on Friday NBC News said, 'We're grateful for Chuck's many contributions to our political coverage during his nearly two-decade career at NBC News and for his deep commitment to 'Meet the Press' and its enduring legacy. We wish him all the best in his next endeavors.'
In his memo, Todd said, 'The media has a lot of work to do to win back the trust of viewers/listeners/readers and I'm convinced the best place to start is from the bottom up,' with local instead of national media.
'This is a ripe moment,' he added. 'The only way to fix this information ecosystem is to stop whining about the various ways the social media companies are manipulating things and instead roll up our collective sleeves and start with local.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


USA Today
12 minutes ago
- USA Today
House Oversight Committee subpoenas top Dems, DOJ and FBI officials in 'RussiaGate' probe
The subpoenas order former President Bill Clinton, Democratic nominee Hillary Clinton, top FBI and DOJ leaders to testify about Russia election probe. WASHINGTON −The House Oversight Committee announced Aug. 5 it has issued subpoenas to a host of former attorneys general and top Democrats, including former President Bill Clinton and former Secretary of State Hillary Clinton, to appear for depositions in its expanding "RussiaGate" investigation, committee Chairman James Comer said. Comer, a Kentucky Republican, did not specify what the subpoenas are for, but has suggested in recent days that they are part of a sprawling probe into GOP accusations that Democrats "weaponized" the government against President Donald Trump, including investigating him for allegedly colluding with Russia in the 2016 election in which Trump defeated Democratic nominee Hillary Clinton. 'We knew it was a Russia hoax. ... Now it's time for the Comeys, the Brennans—those guys—to pay a price. It's illegal. It's wrong. And they need to be held accountable," Comer said in a July 30 Fox News appearance. "@FBIDirectorKash, @CIADirector Ratcliffe, @DNIGabbard, and President Trump's entire administration are exposing the darkest corners of our federal government. Americans deserve the truth: Democrats have weaponized the government for political gain," Comer added in an Aug. 1 post on X. The Oversight Committee also voted July 23 to subpoena the Justice Department for files related to Jeffrey Epstein, answering calls from lawmakers and voters alike for more information on the disgraced financier and sex offender. Here's a list of those subpoenaed and the dates they are instructed to appear, according to Comer: Former Secretary of State Hillary Clinton: October 9 Former President Bill Clinton: October 14 Former U.S. Attorney General Merrick Garland: October 2 Former FBI Director James Comey: October 7 Former U.S. Attorney General William Barr: August 18 Former U.S. Attorney General Alberto Gonzales: August 26 Former U.S. Attorney General Jeff Sessions: August 28 Former FBI Director Robert Mueller: September 2 Former U.S. Attorney General Loretta Lynch: September 9 Former U.S. Attorney General Eric Holder: September 30


Newsweek
12 minutes ago
- Newsweek
Donald Trump's DOJ May Release Ghislaine Maxwell Interview: Reports
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The Justice Department, under Deputy Attorney General Todd Blanche, is weighing whether to release the transcript of a closed-door interview with convicted sex trafficker Ghislaine Maxwell, according to CNN and Fox News. Blanche would reportedly release the transcript at the direction of President Donald Trump, who has ordered the disclosure of "all credible evidence" in the Jeffrey Epstein case. The two-day interview, conducted last week in Tallahassee, reportedly focused on roughly 100 individuals connected to Epstein, with Maxwell's attorney saying she answered "every single question" under limited immunity. The push to make the transcript public comes amid growing pressure from Trump allies and House Republicans to unseal related grand jury materials, though victim advocates warn about privacy concerns and question Blanche's independence because of his prior role as Trump's personal attorney. While Trump has not ruled out a pardon for Maxwell, saying he "hasn't thought about it," critics argue that selectively releasing materials risks appearing as symbolic transparency rather than true accountability. This is a breaking news story. Updates to follow.


Business Journals
12 minutes ago
- Business Journals
One Big Beautiful Bill Act: Key provisions affecting estate planning, individuals and business owners
After months of debate, President Trump signed the One Big Beautiful Bill Act (the OBBBA) into law on July 4, 2025. The OBBBA extends provisions of the 2017 Tax Cuts and Jobs Act, expands and/or repeals certain existing incentives, and brings specific new tax provisions – all intended to spur economic growth. Gift and Estate Tax Exemptions The OBBBA retains the increased estate and gift tax exemptions introduced under the 2017 Tax Cuts and Jobs Act. For 2025, the exemption remains at $13.99 million per person, with a scheduled increase to $15 million per individual, or $30 million per married couple, beginning in 2026. This exemption amount is indexed for inflation in future years. The preservation and expansion of the exemption amount provides a lengthened window of opportunity for implementing strategic wealth transfers. Trump Accounts The OBBBA introduces a new type of investment account for minors, coined 'Trump Accounts.' These accounts are taxed similarly to individual retirement accounts, except that contributions are not tax deductible. This means that contributions are made with after-tax dollars, earnings grow tax-deferred and withdrawals in excess of taxpayer contributions are taxed as ordinary income. Account beneficiaries must wait until age 18 to withdraw funds, but there is no age at which withdrawals must begin. Parents can contribute up to $5,000 each year per child and employers can contribute up to $2,500 of that annual limit on behalf of an employee or their dependent. Employer contributions have no impact on the employee's taxable income, but the amount of the contribution, plus any earnings, will be taxed as ordinary income when withdrawn. Each of these limits are indexed for inflation starting in 2028. To the extent an account is not opened for a child born after 2025 but before 2029, the federal government will create and contribute $1,000 to an account for the child's benefit. State and Local Tax (SALT) Deduction The OBBBA alters the treatment of state and local tax (SALT) deductions for tax years 2025 through 2029. The SALT deduction cap increases from $10,000 to $40,000 in 2025 and will rise by 1 percent annually through 2029 (reverting back to $10,000 in 2030). Taxpayers with modified adjusted gross income (MAGI) exceeding $500,000 are subject to a phaseout: their deduction is reduced by 30 percent of the amount by which the taxpayer's MAGI exceeds that threshold. However, the deduction cannot fall below $10,000, providing a minimum benefit even for the highest earners. Other Notable Provisions Individual Tax Rates and Standard Deduction: Among the most wide-reaching provisions, the OBBBA permanently extends the reduced individual tax rates introduced under the 2017 Tax Cuts and Jobs Act and adds an additional inflation adjustment to the bottom six tax brackets. It also makes permanent the increased standard deduction, which will stand at $15,750 for single filers, $23,265 for heads of household, and $31,500 for joint filers in 2025, with future indexing. The personal exemption deduction has been permanently eliminated. Child Tax Credit (CTC): The CTC receives a modest expansion, with the non-refundable portion increasing to $2,200 for 2025 and the refundable portion of $1,400 made permanent, both of which are indexed for inflation. Income phaseouts remain at $200,000 for individuals and $400,000 for joint filers. Charitable Contribution Deduction: For charitable giving, the OBBBA permanently allows non-itemizers to deduct up to $1,000 for individual filers or $2,000 for joint filers beginning in 2026. For itemizers, the OBBBA adds a 0.5 percent floor on charitable contributions, meaning the charitable contribution deduction is allowed only if, and to the extent that, aggregate contributions exceed 0.5 percent of adjusted gross income. Gambling Losses: Starting in 2026, gambling losses will be deductible only up to 90 percent of winnings, a measure expected to significantly impact those in the gambling industry. Qualified Business Income (QBI) Deduction: The OBBBA makes the 20 percent QBI deduction permanent. Phase-in income limits are increased to $75,000 for individual filers and $150,000 for joint filers. The OBBBA also introduces an inflation-adjusted $400 minimum deduction for taxpayers who have at least $1,000 of QBI from one or more active trades or businesses, broadening the benefit's reach. Section 179 Expensing: This provision remains favorable for business owners, with the OBBBA maintaining the maximum expensing limit of $2.5 million and increasing the phaseout threshold to $4 million, both of which are indexed for inflation. Interest Deduction (Section 163(j)): The OBBBA reinstates the use of EBITDA, rather than EBIT, to calculate interest deductibility starting in 2025, restoring greater deductibility for leveraged businesses. Qualified Property: Finally, the OBBBA permanently reinstates 100 percent bonus depreciation for qualified property acquired and placed in service on or after January 19, 2025. Conclusion Although many of the OBBBA's provisions are characterized as permanent, future political shifts could change the landscape. Individuals are well advised to consider leveraging today's high estate and gift tax exemptions, review wealth transfer strategies and reassess income tax planning in light of the changes. For questions or a discussion on how the OBBBA affects your estate and income tax planning, readers are encouraged to contact Reinhart attorney Josh LeNoble or another member of Reinhart's Trusts and Estates Practice. To learn more about the One Big Beautiful Bill Act, click here. Reinhart Boerner Van Deuren is a full-service, business-oriented law firm with offices in Milwaukee, Madison, Waukesha and Wausau, Wisconsin; Chicago and Rockford, Illinois; Minneapolis, Minnesota; Denver, Colorado; and Phoenix, Arizona. With more than 200 lawyers, the firm serves clients throughout the United States and internationally with a combination of legal advice, industry understanding and superior client service. Josh LeNoble is an attorney in Reinhart's Trusts and Estates Practice, where he focuses on estate plans for high-net-worth individuals and families, providing customized tax and estate planning solutions. By creating detailed yet flexible estate plans, he enables clients to better respond to future family changes, economic conditions and changes in tax laws.