For years, Donald Trump has vowed to go after his critics and journalists. As he prepares to reenter the White House, he’s nominating loyalists, like incoming FBI director Kash Patel, who have pledged to do the same.
The Trump administration may soon have a new weapon to target perceived enemies. On this week’s episode of The Intercept Briefing, we discuss the Stop Terror-Financing and Tax Penalties on American Hostages Act, or H.R. 9495.
Last month, the House passed H.R. 9495, which would give the Treasury Department secretary the authority to label any nonprofit — like The Intercept — a terrorist-supporting organization and take away its tax-exempt status, likely forcing them to shut down.
Noah Hurowitz, who has been covering the bill, says, “One thing that has come up a lot in my reporting on this, in talking to civil liberties experts and talking to nonprofits, is that the vagaries of the bill and the broad powers that it allows will likely have a chilling effect on free speech.”
Shawn Musgrave, The Intercept’s senior counsel and correspondent, points out the legal implications: “One of the things that I think is important to think about for a bill like H.R. 9495, which is framed around terrorism, [it] really reduces the level of due process and takes a lot of the guardrails off of the current system.”
Though it’s not likely that Senate Majority Leader Chuck Schumer, D-N.Y., will bring it up for a vote this session, the legislation could resurface in January when Republicans control both houses of Congress. To learn more about the implications, listen to this week’s episode of The Intercept Briefing.
IT’S EVEN WORSE THAN WE THOUGHT.
What we’re seeing right now from Donald Trump is a full-on authoritarian takeover of the U.S. government.
This is not hyperbole.
Court orders are being ignored. MAGA loyalists have been put in charge of the military and federal law enforcement agencies. The Department of Government Efficiency has stripped Congress of its power of the purse. News outlets that challenge Trump have been banished or put under investigation.
Yet far too many are still covering Trump’s assault on democracy like politics as usual, with flattering headlines describing Trump as “unconventional,” “testing the boundaries,” and “aggressively flexing power.”
The Intercept has long covered authoritarian governments, billionaire oligarchs, and backsliding democracies around the world. We understand the challenge we face in Trump and the vital importance of press freedom in defending democracy.
We’re independent of corporate interests. Will you help us?
IT’S BEEN A DEVASTATING year for journalism — the worst in modern U.S. history.
We have a president with utter contempt for truth aggressively using the government’s full powers to dismantle the free press. Corporate news outlets have cowered, becoming accessories in Trump’s project to create a post-truth America. Right-wing billionaires have pounced, buying up media organizations and rebuilding the information environment to their liking.
In this most perilous moment for democracy, The Intercept is fighting back. But to do so effectively, we need to grow.
That’s where you come in. Will you help us expand our reporting capacity in time to hit the ground running in 2026?
We’re independent of corporate interests. Will you help us?
I’M BEN MUESSIG, The Intercept’s editor-in-chief. It’s been a devastating year for journalism — the worst in modern U.S. history.
We have a president with utter contempt for truth aggressively using the government’s full powers to dismantle the free press. Corporate news outlets have cowered, becoming accessories in Trump’s project to create a post-truth America. Right-wing billionaires have pounced, buying up media organizations and rebuilding the information environment to their liking.
In this most perilous moment for democracy, The Intercept is fighting back. But to do so effectively, we need to grow.
That’s where you come in. Will you help us expand our reporting capacity in time to hit the ground running in 2026?
We’re independent of corporate interests. Will you help us?
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