The Intercept Briefing

It’s a superlative achieved again and again: The current election cycle is the most expensive on record, according to AdImpact, likely to be surpassed only by the next one. North of $16 billion have been raised ahead of Tuesday’s looming elections, with ad spending in House and Senate races topping $4 billion. Mega-donors this election season have overwhelmingly backed Republicans with contributions largely flowing from AI, crypto, and online gambling interests.The Intercept tracked how super PAC spending is flowing into the midterms and how growing public skepticism of special-interest money in politics is affecting campaign strategies. Hundreds of candidates are still taking donations from the American Israel Public Affairs Committee and its super PAC, the United Democracy Project, despite public sentiment turning against the pro-Israel lobby.“The data overall reveals that [AIPAC is] still spending a ton of money on a lot of races, and more often than not, their candidates are still winning,” Intercept managing editor Maia Hibbett told The Intercept Briefing. “It is still quite meaningful money.”Artificial intelligence super PACs have also poured tens of millions of dollars into this election cycle, most of it on just a few races in the primaries. The two leading AI super PAC networks, affiliated with OpenAI or Anthropic, dropped a whopping $50.7 million on the primaries, but are noticeably spending much less in the lead-up to the general election, $8.5 million — likely responding to public backlash in the same way that AIPAC has.“The polls are just so startling on the public's transformation on AI and data centers over the last year. ... The entire life cycle of these AI super PACs, which started about a year ago, has followed that evolution of the public's opinion,” said Intercept politics reporter Matt Sledge. “One of the things that's been really interesting in the general election races is ... candidates [trying] to paint themselves as the more pro-AI safety, pro-AI regulation candidate.”This week on the podcast, host Jessica Washington speaks to Hibbett and Sledge about the spending trends in the most expensive election cycle to date and unpack the intended impact.“No matter which party gets control of either or both houses of Congress, there will be a lot of people elected next week who got there on the backs of Big Tech and special interests,” said Hibbett.“They’re backing a lot of people in safe seats who don't really have a tight election,” Sledge added. “The goal may just be to buy themselves a few friends in Congress, because sometimes in Congress, it's just as good to have a few people who can stop regulation as it is to have people who can shape and actually pass laws.” Full transcript: https://interc.pt/4f0HWSB Keep our investigations free and fearless at theintercept.com/join.

Democrats may be ahead in the polls. But can they withstand billions in campaign spending by Elon Musk and other MAGA oligarchs? Will the election be safe from intimidation and interference? And even if they do prevail, what would a Democratic Congress actually do to obstruct Trump’s attacks on democracy?For decades, former Labor Secretary Robert Reich has been sounding the alarm about rising inequality and the concentration of power in America. Having served in three presidential administrations, he’s become one of the loudest and clearest voices challenging Democrats for their failures in the Trump era.Reich joins Intercept Briefing host Akela Lacy for a conversation about the most pressing issues this midterm season. He is the author of numerous books, including his memoir “Coming Up Short,” out in paperback now. His media company, Inequality Media, has also made a timely new documentary, called “The Work in Progress,” exploring how everyday Americans across the country are navigating our democracy in these times.This episode originally published as a livestream on Friday, October 23, 2026, which you can watch on The Intercept's YouTube page.

Brazilians will head to the polls on Sunday in one of the most consequential presidential elections of the last decade. The run-off election will determine the future of the largest democracy in Latin America and the fate of the Amazon rainforest.Incumbent President Luiz Inácio Lula da Silva is facing off against Flávio Bolsonaro, the son of former President Jair Bolsonaro. The elder Bolsonaro is currently on house arrest for his role in a failed 2023 military coup that intended to assassinate Lula, his vice president, and a Supreme Court justice. Despite his father’s attempted coup, Flavio Bolsonaro is currently the frontrunner, after coming out slightly ahead in the first round of voting.“If they don't win this election, then not only is Jair going to stay in jail, most likely, but Eduardo, Flávio's brother and Jair's son, who is in self-exile in the U.S., he has a multiyear prison sentence for his actions in the U.S. lobbying against Brazil's foreign interests. He's not going to be able to go home if they lose this election,” says Andrew Fishman, a Rio de Janeiro-based investigative journalist. “So they're really just willing to do whatever they can to make sure that they win because this is their only get-out-of-jail-free card.”Sound familiar? This week on The Intercept Briefing, host Jessica Washington speaks with Fishman, president and co-founder of The Intercept Brasil, about what’s at stake for Brazil and the planet in Sunday’s election.“It’s a global election. The voters in Brazil will be deciding the future of humanity,” Fishman tells The Intercept. Jair Bolsonaro oversaw significant deforestation of the Amazon rainforest, leaving the ecological and climate linchpin in danger of becoming a “savanna.” Now, he argues, his son can finish the job. “You're going to have an international migration crisis,” says Fishman. “It's really self-defeating because the cattle ranchers are his base. They are the ones that are wanting to do the things that will end their future profitability — the future existence of their business.”President Donald Trump has taken a particular interest in the race, as he seeks to expand U.S. influence and control across the Western Hemisphere. “Brazil — as the biggest economy, the biggest country, the most powerful entity in the hemisphere besides the United States — if Brazil falls, then the rest falls in line,” says Fishman. “But if Brazil remains as this big island of resistance in the middle of the continent, it really messes up [the Trump administration’s] plans, doesn't it?”Big Tech is also looming large over the race. “There's all these pieces of circumstantial evidence that suggest that Meta is interfering in this election, and they have every incentive to do so. They will have a much better regulatory environment if Flávio wins because of Flávio's submissiveness to U.S. interests and his willingness to play ball with whatever Trump tells him to,” adds Fishman.In a request for comment, Meta said, "Meta applies the same rules to every candidate, every party and every political viewpoint in Brazil, as we do in elections around the world. We do not suppress content to disadvantage one side, and we do not give preferential treatment to any side. Each of the incidents cited by Lula's campaign has a straightforward, documented explanation."As U.S. leaders attempt to mold Brazil into a satellite state, Fishman argues the United States is slowly becoming more and more like its southern neighbor.“It's not that Brazil is becoming more like the United States, it's that the United States is becoming more like Brazil,” says Fishman. “You have just shrinking spheres of democracy while oligarchs have increasing power and control and are able to do what they want and insist on decisions for the country that are bad for all of the society and the people, but good for their individual interests.”Full transcript: https://interc.pt/4jC3qbU

A fresh wave of outrage over the Trump administration’s use of Immigration and Customs Enforcement has surged after two high-profile events involving ICE in the span of a week: the shooting of a young father in New York City last Thursday, and the Monday morning Homeland Security Investigations raid on Rep. Ilhan Omar’s home.Reporting from the Wall Street Journal suggests that the raid was a part of an ongoing effort by the Trump administration to strip the Minnesota Democrat of her U.S. citizenship. Omar arrived in the United States as a child refugee from Somalia and became a naturalized citizen in 2000, long before the start of her political career. The outspoken progressive congresswoman has since become a foe of President Donald Trump; in a statement, her spokesperson condemned the raid on her home as “an unprecedented escalation in the weaponization of federal law enforcement to target political enemies.” Omar’s House colleague, Rep. Delia Ramirez, D-Ill., argues this sort of weaponization is an inherent feature of the Department of Homeland Security, which was established in 2003 as part of the George W. Bush administration’s mounting war on terror. This week on The Intercept Briefing, host Jessica Washington speaks with Ramirez about a new bill she introduced on Tuesday to abolish DHS and what the raid on Omar’s home reveals about the department. “The Department of Homeland Security cannot be reformed. It should be dismantled,” said Ramirez. “What they did — just three weeks from an election — was to attempt to create such paralysis on everyday people. … If they can do this to one of my colleagues, they can do that to anyone. And it should concern everyone.”Washington also speaks with Rozina Ali — a journalist covering the war on terror, Islamophobia, the Middle East, South Asia, and literature — and Will Sommer, a senior reporter covering right-wing media and conspiracy theories at The Bulwark. Ali and Sommer unpack the role of conspiracy theories and anti-Muslim propaganda in the attacks on Omar, and how DHS has been historically weaponized against Muslims in the United States.“Over the last 30 years, we have been conditioned to believe that Muslims, and now more broadly immigrants, are not just a threat to national security, but a threat to the American way of life,” said Ali. “The right has been really eager to denaturalize Ilhan Omar for really going back a decade almost to the first Trump administration,” said Sommer. He called the investigation into Omar “one of the most striking examples we’ve seen of how the Trump administration is willing to use law enforcement to achieve its political aims and to sort of threaten its enemies.”

As so-called prediction markets like Kalshi and Polymarket embed themselves in every aspect of our daily lives, from elections to sports and entertainment, concerns have grown about what the explosion of these poorly understood, loosely regulated platforms could mean for regular people and democracy writ large.Celebrities from LeBron James to Sydney Sweeney have inked lucrative deals with prediction platforms. Legacy news outlets have even begun including prediction market data in their coverage. And the Trump family is deeply embedded in these platforms’ success; Donald Trump Jr.’s VC firm just became a lead investor in Polymarket, and he is a paid adviser to both Polymarket and Kalshi.But what actually is a prediction market, and what separates it from online sports betting platforms like DraftKings or FanDuel?This week on The Intercept Briefing, Kate Knibbs — a senior writer at Wired who covers prediction markets, the future of media, and how AI is changing the internet — breaks down the battles to define prediction markets; what they’re getting away with in the meantime, while existing in this “weird” regulatory gray zone; and their potential to be a "disruptive force” in next month’s midterm elections.States have been looking to regulate these platforms like they do sports gambling. But the companies are pushing back: The founders of Kalshi donated $200,000 to a new Texas-focused political action committee, a week after state lawmakers held hearings to investigate whether prediction markets constitute sports betting, which is illegal in Texas.“Both Kalshi and Polymarket are tech unicorns at this point. They have a lot of money to spend, and they realize that this is an existential fight,” says Knibbs. “Donald Trump Jr. is very involved in this industry, and stands to gain a lot from prediction markets being able to operate as they desire and not be beholden to various state regulations that they're currently not beholden to. ... I am very interested in what is going to happen in this space when we have a different administration. Kalshi is seeming to hedge its bets by aggressively hiring former Biden administration stars.”In addition to spending heavily on lobbying, their survival strategy includes inking deals with mainstream media companies like CNN, CNBC, and even Substack to establish credibility.“I have been following the enmeshment between prediction markets and the media very closely because I think it's flown under the radar a little bit, while all of these regulatory fights have been going on, just how quickly the prediction markets managed to establish themselves as another source of truth about what's potentially happening in the world,” says Knibbs. “They are still so new, and the way that they are operating is still in this murky regulatory gray area. It just boggles my mind that they've managed to just become part of the financial news establishment in the way that they have.”Full transcript: https://interc.pt/47sZKlvKeep our investigations free and fearless at theintercept.com/join.

Three years into Israel’s genocide in Gaza, the U.S. government is still targeting pro-Palestine student activists.Even before federal immigration agents descended on communities around the country, killing immigrants and protesters, unmarked agents were abducting students who had voiced criticisms of Israel.Mahmoud Khalil was the first. After federal agents detained him at his alma mater, Columbia University, he spent more than 100 days in an Immigration and Customs Enforcement detention facility in Louisiana. It’s been over a year since he was released and returned to live with his family in New York City. The Trump administration is still trying to deport him.“Part of why I'm doing this right now rather than waiting 10 years or 20 years is because what's happening now in ICE detention is a stain on the U.S. conscience,” Khalil tells The Intercept Briefing. “I don't want to look back in 20 years and reckon with what's happening. I want to stop the killing now. I want to stop the disappearances now. I want to stop the cruelty now.”This week on the podcast, Khalil speaks with host Akela Lacy about what he’s learned about how he became President Donald Trump’s top target, the role Columbia University played in that campaign, and his new book, “No Land to Stand On,” which chronicles Khalil’s experience in ICE detention, missing the birth of his first child, his ongoing saga to stay in the U.S. with his family, and more.“It's been so difficult just to have that conversation with my wife Noor about what would happen,” Khalil says. “What are we doing? Is it worth the fight? Should we just leave? But to me, this fight isn't only about whether I get to stay in this country.”“It's about whether anyone — whether they are citizens or non-citizens — are able to speak out against government policies and against the support of Israel in this country. It goes down to a very basic thing: If they are able to deport someone for their views on Palestine, they would be able to deport anyone on their views, whether it is pro-Palestine or pro-Israel or anything.”For more, listen to the full conversation of The Intercept Briefing on Apple Podcasts, Spotify, YouTube, or wherever you listen.Full transcript: https://interc.pt/4ywVeOAKeep our investigations free and fearless at theintercept.com/join

It’s the year of the democratic socialist. But the group that helped start the earthquake currently transforming the Democratic Party almost didn't make it to 2026.After suffering major losses last election cycle after a deluge of pro-Israel lobby spending, Justice Democrats, which supports progressive candidates getting elected to Congress, was on the verge of being written about in the past tense.“Everyone sort of doubted that there was a comeback to be had. I think a lot of people, AIPAC included, saw last cycle as the harbinger for what's to come: They were on the rise, JD and the left were on the decline. For the first time ever, we didn't endorse a new candidate since our founding, and because we had to focus on defending against $100 million in spending from AIPAC,” says communications director and spokesperson Usamah Andrabi. “The truth is, that moment was really — for lack of a better word — the apex of AIPAC's momentum and ability.”But Justice Democrats resurrected itself, had its most successful primary season to date, and helped put democratic socialism on the map. So what changed?The group says it won big this year, even being massively outspent, because it tapped into the brewing frustration among voters — frustration directed at Democratic Party leaders. “We understood as soon as Donald Trump won that clearly the Democratic establishment was unfit to fight back, and what voters were looking for as we've seen throughout this cycle, is this amorphous fighter that they want,” says Andrabi. “That fight doesn't just look like, as we say so often, press releases and strongly worded letters. It looks like fighting corporate establishment. It looks like fighting AIPAC. It looks like fighting crypto and AI.”This week on The Intercept Briefing, Andrabi speaks to host Akela Lacy about how the group that helped elect Reps. Alexandria Ocasio-Cortez, Ilhan Omar, and Rashida Tlaib has seen their candidates make impressive gains in the primaries, and how they're planning to leverage their wins — and what they can learn from their losses — beyond November.This primary season, Justice Democrats endorsed 15 candidates; seven won, with democratic socialists knocking out three incumbents. That includes Darializa Avila Chevalier who toppled Congressional Hispanic Caucus Chair Adriano Espaillat in New York, Melat Kiros who beat Rep. Diana DeGette in Colorado, and state Rep. Donavan McKinney who took out Rep. Shri Thanedar in Michigan. Those three are all but guaranteed to head to Congress next year, along with the four other candidates who won.“This work doesn't happen overnight. These losses don't happen overnight. It takes years and years to build this progress,” says Andrabi. “These candidates that we elected this cycle are giving you a blueprint on a silver platter on how to excite your base and how to energize your party. The Democratic Party can either listen to them or be forced to listen to them, as they have been this cycle when we beat them.”Full transcript: https://interc.pt/4rypFBtKeep our investigations free and fearless at theintercept.com/join.

The fight over the future is rapidly unfolding before our eyes. With debates roiling Washington over calls to rein in artificial intelligence before it’s too late as the U.S. continues to wage official and unofficial wars around the world, many of the world’s most powerful players are licking their chops. Yes, there’s destruction all around. But these players have carefully concocted a plan: to hasten a familiar vision that combines biblical, militant, and futuristic images of the end times so they can save themselves.This week on The Intercept Briefing, host Akela Lacy interviews award-winning authors and documentarians Naomi Klein and Astra Taylor, whose new book, "End Times Fascism and the Fight for the Living World," maps the players who want to speed up the end of the world. “We didn't feel that the old ways of understanding who Trump is, what he's trying to accomplish — even what fascism is — was fully capturing what we were seeing. Here we're thinking about invading Greenland, declaring Canada the 51st state, creating an ICE army, the relationship with El Salvador's maximum-security prisons. So we're trying to map this,” says Klein. It seemed to be “a fascism that had no vision of our world continuing. There's always an apocalyptic quality to fascism, but there is a horizon for the in-group after the cataclysm, and we weren't seeing that in this politics. It was much more about bunkering down in and taking breakdown for granted.”“End times fascism is an alliance of three main components,” says Taylor. The religious fundamentalists who helped elect Donald Trump, wanting to hasten along a violent Armageddon so Jesus will return. The tech accelerationists “exalting in the possibility that some sort of super intelligence, some sort of digital being might take over.” The ethnonationalists who view immigration as an existential threat, so they fortress the border and hoard resources. “These different prongs find a kind of uneasy alliance in their conviction that this world's going to hell and that their group will survive the wreckage,” says Taylor.It may sound bizarre. And it is. But that doesn’t mean we should ignore it, Klein says. “This is a really dangerous pattern of thought: that out of the worst things possible comes the beautiful, glorious golden city. And that's the template of all of these action films and video games, and it leads one to embrace the worst and to not fear what we should fear,” says Klein. “When Trump shares a video of a remade Gaza with a Trump Tower, he's doing a version of that story. When Sam Altman says he's summoning a digital god, and we're going to have utopia with AI, and yeah, let me cover the whole world with data centers and accelerate the climate crisis because it's going to be utopia ... he's doing the story. So we have to be able to identify it because we're all living with the consequences of this terrible story and we need better stories.”“In this moment, we're up against a fascism that is against all humans in a way. We quote Kelly Hayes, an activist based in Chicago, and she says, ‘Every fascism has its subhumans, and for techno-fascists, it's just humans in general.’ This is opening up a bigger fight beyond ‘I am a man’ to just like, this is life versus the machines, and there's something very unprecedented about that and potentially very unifying,” says Taylor, noting that the collective uprising, across the political spectrum, against data centers shows people breaking free of one so-called inevitable future.Full transcript: https://interc.pt/3V3fTuMKeep our investigations free and fearless at theintercept.com/join. 

Local police departments use Flock cameras to track license plates. ICE uses Palantir software to track and round up immigrants. Defense Secretary Pete Hegseth’s war department uses Claude to bomb Iran. The U.S. government spends billions employing private corporations to obtain mountains of data — and the surveillance space is only getting more privatized in Donald Trump’s second term. “It really has become a Wild West,” 404 Media co-founder Jason Koebler tells host Akela Lacy on The Intercept Briefing, on the state of the U.S. surveillance apparatus today. While Palantir and Flock have become household names, Koebler says, “anything that can be surveilled is being surveilled, and a lot of this is happening from companies that very few people have heard of, and companies that are willing to push the envelope on what they're willing to do, like how far they're willing to go to surveil people."“A lot of the stuff that you used to associate with the NSA or CIA or another state spy agency, those kinds of capabilities you can now just buy,” Intercept senior technology reporter Sam Biddle notes of the ease and accessibility of the tools now available to the government. “You don't need to be a top-secret government agency. You can just be a contractor in Virginia.”“It's a way to sidestep warrant requirements,” says Koebler. Surveillance contractors “are doing things that if the government were doing directly, they would need to get a warrant in order to do it.”This week, for a special recording of the podcast, independent tech outlet 404 Media and The Intercept teamed up in front of a live audience in Los Angeles to discuss how the U.S. government weaponizes private data to surveil and kill abroad and at home, the resulting backlash and potential regulations on the table, what tangible actions the average person can take to “divest from the contemporary surveillance hellscape,” and refocusing AI-ending-humanity doomerism.“When you ascribe motives and agency to AI, you're letting Sam Altman off the hook,” says Biddle. “There are human beings building this technology. It's not inevitable. This doomsday future is not inevitable,” adds Koebler. “We can't bury our heads in the sand and say, ‘This is not changing society in some way.’ But it is being driven by very rich humans, and they can be regulated. They can be held to account.”“What's been really interesting about the Flock backlash, and heartening, is that it is completely apolitical, or it's nonpartisan. It is completely — from the deepest red to the people in this room right now — the entire political spectrum hates these,” says Biddle. “There's the real potential for the first time in a while to create a pro-privacy coalition that bridges a lot of the otherwise pretty giant political gaps.”Full transcript: https://interc.pt/4hqwQrKKeep our investigations free and fearless at theintercept.com/join.