This is a web version of The Lever’s daily email newsletter.

Today’s Lever story: You’ve already paid $6 billion to develop weight-loss drugs you can’t afford.

👇 Spend four minutes reading this 974-word newsletter to learn about: 

  • The team-up in professional sports that nobody asked for.
  • A Federal Reserve scam to jack up your mortgage rates.
  • The $1 billion check corporate landlords don’t want you to know about.
  • How the woman who made Stone Cold Steve Austin famous is planning to dismantle public education.

TODAY'S NUGGETS

📚 Trump’s DOE is DOA. President Donald Trump could direct WWE founder Linda McMahon to dismantle the Department of Education as soon as today, according to a draft order obtained by the Wall Street Journal. The move is torn from Project 2025’s playbook. McMahon announced “profound changes” to staffing, budgets, and agency operations in a Tuesday memo titled “Our Department’s Final Mission.”