Mike Luckovich :: @mluckovichajc
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LETTERS FROM AN AMERICAN
November 3, 2025
Heather Cox Richardson
Nov 04, 2025
At the end of her interview with President Donald J. Trump, recorded on October 31 at Mar-a-Lago and aired last night, heavily edited, onĀ 60 Minutes, Norah OāDonnell of CBS News asked if she could ask two more questions. Trump suggested previous questions had been precleared when he mused aloud that if he said yes, āThat means theyāll treat me more fairly if I doāI want to getāItās very nice, yeah. Now is good. Okay. Uh, oh. These might be the ones I didnāt want. I donāt know. Okay, go ahead.ā
OāDonnell noted that the Trump family has thrown itself into cryptocurrency ventures, forming World Liberty Financial with the family of Steve Witkoff, Trumpās special envoy to the Middle East. In that context, she asked about billionaire Changpeng Zhao, the co-founder and former chief executive officer of Binance. Zhao is cryptocurrencyās richest man. He pleaded guilty in 2023 to money laundering, resigned from Binance, paid a $50 million fine, and was sentenced to four months in prison.
Trump pardoned him on October 23.
OāDonnell noted that the U.S. government said Zhao āhad caused āsignificant harm to U.S. national security,ā essentially by allowing terrorist groups like Hamas to move millions of dollars around.ā She asked the president, āWhy did you pardon him?ā
āOkay, are you ready?ā Trump answered. āI donāt know who he is. I know he got a four-month sentence or something like that. And I heard it was a Biden witch hunt. And what I wanna do is see crypto, ācause if we donāt do it itās gonna go to China, itās gonna go toāthis is no different to me than AI.
āMy sons are involved in crypto much more than Iāme. IāI know very little about it, other than one thing. Itās a huge industry. And if weāre not gonna be the head of it, China, Japan, or someplace else is. So I am behind it 100%. This man was, in my opinion, from what I was told, this is, you know, a four-month sentence.ā
After he went on with complaints about the Biden administrationāhe would mention Biden 42 times in the released transcriptāOāDonnell noted, āBinance helped facilitate a $2 billion purchase of the Trump familyās World Liberty Financialās stablecoin. And then you pardoned [Zhao].ā She asked him: āHow do you address the appearance of pay for play?ā
Trump answered: āWell, hereās the thing. I know nothing about it because Iām too busy doing the otherā¦.ā OāDonnell interrupted: āBut he got a pardonā¦.ā Trump responded: āI can only tell you this. My sons are into it. Iām glad they are, because itās probably a great industry, crypto. I think itās good. You know, theyāre running a business, theyāre not in government. And theyāre goodāmy one son is a number one bestseller now.
āMy wife just had a number one bestseller. Iām proud of them for doing that. Iām focused on this. I know nothing about the guy, other than I hear he was a victim of weaponization by government. When you say the government, youāre talking about the Biden government.ā And then he was off again, complaining about the former president and boasting that he would āmake crypto great for America.ā
āSo not concerned about the appearance of corruption with this?ā OāDonnell asked.
Trump answered: āI canāt say, becauseāI canāt sayāIām not concerned. I donātāIād rather not have you ask the question. But I let you ask it. You just came to me and you said, āCan I ask another question?ā And I said, yeah. This is the questionā¦.ā
āAnd you answeredā¦ā OāDonnell put in.
āI donāt mind,ā Trump said. āDid I let you do it? I coulda walked away. I didnāt have to answer this question. Iām proud to answer the question. You know why? Weāve taken cryptoā¦.ā After another string of complaints about Biden, he said: āWe are number one in crypto and thatās the only thing I care about.ā
If, among all the disinformation and repetition Trump spouted in that interview, he did not know who he was pardoning, whoās running the Oval Office?
It appears House speaker Mike Johnson (R-LA) doesnāt want to know. At a news conference today, journalist Manu Raju noted: āLast weekā¦you were very critical of Joe Bidenās use of the autopenā¦[you said] he didnāt even know who he was pardoning. Last night, onĀ 60 Minutesā¦Trump admitted not knowing he pardoned a crypto billionaire who pleaded guilty to money laundering. Is that also concerning?ā
Johnson answered: āI donāt know anything about that. I didnāt see the interview. You have to ask the president about that. Iām not sure.ā
Pleading ignorance of an outrage or that a question is āout of his laneā has become so frequent for Johnson that journalist Aaron Rupar ofĀ Public Notice, who is very well informed about the news indeed, suggested today that journalists should consider asking Johnson: āDo you ever read the news, and do you agree itās problematic for the Speaker to be so woefully uninformed?ā
Johnson continues to keep the House from conducting business as the government shutdown hit its 34th day today. Tomorrow the shutdown will tie the 35-day shutdown record set during Trumpās first term. Representative Adelita Grijalva (D-AZ), whom voters elected on September 23, is still not sworn in. She has said she will be the 218thāand finalāvote on a discharge petition to force a vote requiring the Department of Justice to release the Epstein files.
Trump and Johnson continue to try to jam Democratic senators into signing on to the Republicansā continuing resolution without addressing the end of premium tax credits that is sending healthcare premiums on the Affordable Healthcare Act marketplace soaring. They continue to refuse to negotiate with Democrats, although negotiations have always been the key to ending shutdowns.
To increase pressure, they are hurting the American people.
The shutdown meant that funding for Supplemental Nutrition Assistance Program (SNAP) benefits on which 42 million Americans depend to put food on the table ran out on October 31. Although previous administrationsāincluding Trumpāsāhave always turned to contingency funds Congress set aside to make sure people can eat, and although the Trump administration initially said it would do so this time as usual, it abruptly announced in October that it did not believe tapping into that reserve was legal. SNAP benefits would not go out.
On Friday, U.S. District Judge John McConnell of the District of Rhode Island ordered the administration to fund payments for SNAP benefits using the reserve Congress set up for emergencies. Since that moneyā$4.65 billionāwill not be enough to fund the entire $8 billion required for November payments, McConnell suggested the administration could make the full payments by tapping into money from the Child Nutrition Program and other funds, but he left discretion up to the administration.
Today the administration announced it would tap only the first reserve, funding just 50% of SNAP benefits. It added that those payments will be delayed for āa few weeks to up to several months.ā The disbursement of the reserve, it continued, āmeans that no funds will remain for new SNAP applicants certified in November, disaster assistance, or as a cushion against the potential catastrophic consequences of shutting down SNAP entirely.ā
āBig āyou canāt make meā energy,āĀ Talking Points Memoās Josh Marshall noted. Itās also an astonishing act of cruelty, especially as grocery prices are going upāTrump lied that they are stable in theĀ 60 MinutesĀ interviewāhiring has slowed, and the nation is about to celebrate Thanksgiving.
The shutdown also threatens the $4.1 billion Low-Income Home Energy Assistance Program (LIHEAP) that helps families cover the cost of utilities or heating oil. Susan Haigh and Marc Levy of the Associated Press note that this program started in 1981 and has enjoyed bipartisan support in Congress ever since. Trumpās budget proposal for next year calls for cutting the program altogether, but states expected to have funding for this winter. Almost 6 million households use the program, and as cold weather sets in, the government has not funded it.
When the Republicans shredded the nationās social safety net in their budget reconciliation bill of July, the one they call the āOne Big Beautiful Bill Act,ā they timed most of the cuts to take effect after the 2026 midterm elections. But the shutdown is making clear now, rather than after the midterms, what the nation will look like without that safety net.
In theĀ 60 MinutesĀ interview, OāDonnell noted an aspect of Trumpās America that is getting funded during the shutdown. She said, āAmericans have been watching videos of ICE tackling a young mother, tear gas being used in a Chicago residential neighborhood, and the smashing of car windows. Have some of these raids gone too far?ā
āNo,ā Trump answered. āI think they havenāt gone far enough because weāve been held back by theāby the judges, the liberal judges that were put in by Biden and by Obama.ā (In fact, a review by Kyle Cheney ofĀ PoliticoĀ on Friday showed that more than 100 federal judges have ruled at least 200 times against Trump administration immigration policies. Those judges were appointed by every president since Ronald Reagan, and 12 were appointed by Trump himself.)
It appears that the administration did indeed ignore todayās deadline for congressional approval of the ongoing strikes against Venezuela, required under the 1973 War Powers Act. It is taking the position that no approval is necessary since, in its formulation, U.S. military personnel are not at risk in the strikes that have, so far, killed 65 people.
LETTERS FROM AN AMERICAN
HEATHER COX RICHARDSON











