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Thursday, June 4, 2026

Trump Drops Jan. 6 Slush Fund; War & Gas Prices Trigger GOP Midterm Panic: A Closer Look


This episode of A Closer Look from Late Night with Seth Meyers examines the Trump administration's decision to scrap a planned January 6th slush fund following significant backlash from Republican senators and voters (0:01-0:10).

Key Highlights:

  • Declining Approval and Midterm Anxiety: Despite Republican confidence, national polls show President Trump's approval at his lowest point yet, driven by concerns over gas prices, the economy, and the war with Iran (2:07-2:27).
  • Shrinking Base: Data suggests Trump is losing support even among his core demographics, including white working-class voters and men, with a 20-point shift away from him among male voters since November 2024 (4:02-4:42).
  • The Slush Fund Revolt: The administration's proposal to create a fund for those involved in the January 6th attack faced intense opposition, with over 50% of Republicans and 45% of MAGA supporters opposing it (5:03-5:38). This culminated in a volatile meeting between Republican senators and the administration (6:18-7:07).
  • The Immunity Controversy: Beyond the slush fund, the segment highlights that the settlement agreement includes provisions for permanent immunity from prosecution for tax-related crimes for the President and his family, which Meyers characterizes as a way to avoid paying nearly $100 million in back taxes (7:42-8:0910:35-11:32).

Ultimately, the video argues that the administration's political priorities appear centered on self-enrichment, a strategy that is causing significant friction within the GOP as the 2026 midterms approach (11:51-12:09).

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