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

🔥 Today’s Lever story: A secret group chat reveals that Democratic strategists are supporting the pro-crypto GENIUS Act for political gain — despite acknowledging it’s a Trump corruption giveaway.

👇 Spend three minutes reading this 997-word newsletter to learn about: 

  • A patent loophole keeping popular prescription drugs’ prices high.
  • Which Justice Department division is shutting its doors.
  • An unexpected win for Medicare drug price negotiations.
  • Just how much Trump is making off cryptocurrencies.
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TODAY'S NUGGETS

👮 Say goodbye to the tax police. The Department of Justice will close its special tax crimes unit and redistribute prosecutors’ work to the rest of the agency. In a recent budget request first reported by Bloomberg, Justice Department officials said the elimination of a separate tax division — which last year staffed over 500 people with a $106 million budget — will offer “more oversight” after Republicans accused the federal government of politically weaponizing tax enforcement during the Biden administration.