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Trump loses $50M suit against iconic Watergate journalist

Donald Trump must add one more defeat to the long list of lawsuits he has filed in recent months, as a federal judge has just dismissed his $50 million lawsuit against famed Watergate journalist Bob Woodward.

The famed journalist had published the audio of nearly 20 interviews with the president.

The Daily Beast (@thedailybeast.bsky.social) 2025-07-19T21:00:05.724401Z

In 2023, Donald Trump filed a lawsuit against Bob Woodward and the Simon & Schuster publishing house, which in 2022 had published a series of interviews with him in audiobook form entitled The Trump Tapes.

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Donald Trump argued that these recordings violated his copyright, claiming that he had granted these interviews to Woodward solely for the book Rage, a bestseller released in 2020.

According to The Daily Beast, a federal judge appointed by George W. Bush sided with Bob Woodward, pointing out that Woodward had never agreed to restrictions on the use of the interviews with Trump, which had been conducted transparently and officially recorded.

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The judge dismissed the lawsuit, finding that Trump had failed to demonstrate any intent to co-write between himself and Woodward, or that he held any copyright to the audiobook.

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Trump has acquired over $100M in bonds since taking office

Donald Trump has purchased more than $100 million in U.S. corporate and government bonds since January, even though he is the sitting president, NBC reports.

The documents show that Trump began the bond-buying spree one day after being sworn in on Jan. 20 and include debt sold by companies, local governments and entities that could be directly impacted by his sweeping agenda. He made about 690 purchases from Jan. 21 through Aug. 1.nbcnews.to/4oJO8ln

NBC News (@nbcnews.com) 2025-08-20T17:20:19Z

These transactions – nearly 700 in just a few months, according to NBC News – cover sectors directly affected by his own policy decisions.

Among his purchases are bonds issued by Apple, JPMorgan Chase, Amazon and Goldman Sachs, but also by cities such as New York, Chicago and Philadelphia, as well as hospitals, public schools and electric utilities.

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Officially, they pass through a family « trust », but Trump still benefits financially.

In the U.S., there are no strict laws preventing this kind of blatant conflict of interest, allowing him to act with impunity.

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This latest episode illustrates once again how American institutions are turning a blind eye to Trump’s dubious practices, as is a good part of the electorate.