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Wasnt Robert F. Kennedy Jr. supposed to have flamed out by now? At a rally yesterday in Oakland, California, Kennedya lifelong Democrat turned independentunveiled his 2024 running mate, the Silicon Valley entrepreneur Nicole Shanahan. Kennedy selected Shanahan from a motley crew of reported vice-presidential contenders: Aaron Rodgers, Jesse Ventura, Mike Rowe, Tulsi Gabbard, and the rapper Killer Mike, to name a few.

Shanahan is by no means a household name. Yet she could bolster Kennedys outsider ticket in three pivotal ways. Shes just 38 years old and may help him appeal to younger voters. Several states require candidates to file a two-person ticket as a ballot-eligibility requirement, so her sheer addition could help move those efforts forward. And, of course, she has money: Her charitable donations suggest she is worth tens or even hundreds of millions of dollars. The purpose of wealth is to help those in need, Shanahan told the crowd yesterday. And I want to bring that back to politics.

Kennedys upstart We the People party still has a slim chance of winning the White House. As of now, hes on the ballot only in the state of Utah. Yet his movements potential to spoil the election remains very real. Kennedy knows this. In fact, he owns it. But he rejects the premise that hes more likely to pull voters away from one particular candidate. Rather, he sees himself as a bipartisan menace. Our campaign is a spoiler, he told the crowd, before rattling off a list of things he intends to spoil (the electoral hopes of Donald Trump and Joe Biden chief among them). He also made it clear that his aim is bigger and broader than one election. Our independent run for the presidency is finally going to bring down the Democratic and Republican duopoly, Kennedy promised.

Read: The first MAGA Democrat

Since entering the race last April, Kennedy has mostly registered between 10 and 20 percent in the polls. A Bloomberg/Morning Consult poll of swing states published this week illustrated his potential impact: His presence added one point to Trumps current lead over Biden. Its great for MAGA, Trump posted on Truth Social this morning. He is Crooked Joe Bidens political opponent, not mine. I love that he is running!

His campaign may continue to feel like a joke to some, but its effect in November could be real. Kennedy doesnt need to win a single state to tip the electionhe just needs to siphon enough votes in the right places. In 2016, pollsters, members of the media, political operatives, and the Hillary Clinton campaign appeared to underestimate the number of Americans who would support a third partyor those who were willing to hold their nose and vote for Trump. That could be happening all over again with Kennedy.

The livestreamed event had a quirky, almost surreal air to it. Kennedys signature crunchy-hippie-Boomer energy permeated the proceedings. His remarks ping-ponged between patriotism, nostalgia, and a rallying cry to burn it all down. At one point, the musician Tim Hockenberry led the crowd in a warbly version of Woody Guthries This Land Is Your Land. Much of the afternoon was peppered with dramatic videos featuring sweeping music fit for a Michael Bay movie. (In one of the clips, Kennedy extolled the virtues of organic farming and lamented children eating Twinkies.) After revealing Shanahan to be his VP, Kennedy waxed for several more minutes, prompting confusion as to when or if she would even appear at the lectern. He characterized his new partner as a kindred spiritan avid surfer, a fellow lawyer, a natural-food enthusiast, a wealthy person whos not afraid to stand up to corporate America. Nearly all Americans share the same values that we do, he said.

Eventually, Shanahan had a chance to speak for herself. As recently as a year ago, I really didnt think much of Bobby Kennedy, because I didnt know much about him, she told the crowd. All I had was the mainstream-media narrative that was effectively telling me horrible, disparaging things. At the suggestion of a friend, she started listening to some of his interviews and saw a person of intelligence, of compassion, and of reason.

Shanahan also offered a glimpse of her family story. Her mother is a Chinese immigrant who relied on food stamps, and her father struggled with mental illness and substance abuse. Shanahan herself is the mother of a daughter on the autism spectrum. Two decades ago, Kennedy helped popularize the unscientific theory that vaccines cause autism. On the campaign trail, he has occasionally attempted to distance himself from his anti-vaccine claims. Yesterday, Shanahan leaned into the subject. She spoke at length about what she believes to be the relationship between many facets of modern life and chronic disease, and gestured toward childhood inoculations as one culprit. (This remains unproven.) Pharmaceutical medicine has its place, but no single safety study can assess the cumulative impact of one prescription on top of another prescription, and one shot on top of another shot on top of another shot throughout the course of childhood, she said. We just dont do that study right now, and we ought to.

Like Kennedy, Shanahan lives in California. She grew up in Oakland and was previously married to the Google co-founder Sergey Brin. Her current partner is a cryptocurrency maven. Shanahans status as a California resident will likely be a setback for their campaign. The states election law mandates that California electors shall vote by ballot for a person for President and a person for Vice President of the United States, one of whom, at least, is not an inhabitant of this state. In simpler terms, this means that the Kennedy-Shanahan ticket will be ineligible to compete for their home states 54 electoral votes come November, even if it is on the ballot.

Last fall, Kennedys pivot from Democrat to independent didnt nudge him out of the national conversation. In fact, it had the opposite effect. Tony Lyons, who co-founded Kennedys super PAC, American Values, told me that the October switch has made fundraising much easier. Lyons is among the curious characters in Kennedys orbit. He is not a political operative by trade; hes the president of Skyhorse Publishing, an independent press that has published some of Kennedys books, including the mega best seller The Real Anthony Fauci. Although Kennedys campaign spokesperson did not respond to my request for comment, Lyons answered my call and engaged in a freewheeling conversation as he settled into his California hotel on the eve of the VP festivities.

Lyons told me he is absolutely convinced that his candidate will appear on the ballot in all 50 states and the District of Columbia. Although that is highly unlikely, Lyons and his super-PAC colleagues have laid some of that groundwork themselves. American Values claims to have collected enough signatures for Kennedy to reach the ballot in four battleground states: Georgia, Arizona, Michigan, and South Carolina. Recently, however, the group paused its ballot-access efforts and is now zeroing in on advertising, leaving the ballot-access push to the campaign and its reported 60,000 volunteers. Kennedys rivals say this sudden halt came after allegations of illegal coordination between the super PAC and Kennedys campaign.

Responding to some recent attacks more broadly, Lyons told me that the Democratic National Committee has brought together this sort of hit squad of dirty tricksters who are going to try to find every technicality they can get to disenfranchise the American people. He said he believes weve reached an inflection point in U.S. historyyou know, sort of a battle for the soul of America. He did not seem to realize that he was parroting Bidens 2020 campaign slogan.

As one of the nations preeminent conspiracy theorists, Kennedy markets himself as a champion of the First Amendment, and has made quite a living doing so. Lyons, for his part, is something closer to a free-speech absolutist. Afew months ago, he published The Great Awakening: Defeating the Globalists and Launching the Next Great Renaissance, a book by Alex Jones. When I interviewed Kennedy for a profile last year, I asked him about Jones, and he all but drew a line. Theres only so many discussions that you can have, and only so many areas where you can actually, you know, examine the evidence, Kennedy told me. Lyons, however, was quick to defend Jones in our conversation this week. It starts with Alex Jones, and then it comes to everybody else, he said of free-speech censorship. He has a right to be published by anybody who wants to publish him, and Ive made it very clear that I want to publish Alex Jones, he said a bit later. I think Alex Jones has very provocative views about all kinds of things.

As of now, Bidens team is keeping an eye on Jill Stein, Cornel West, and the potential No Labels unity ticket, but Kennedy has most of its attention. Our campaign isnt taking a single vote for granted, and we are making historic investments to ensure that Americans know all thats at stake in this election, a Biden-campaign spokesperson told me in a statement. The American people will face a stark choice this November between the two candidates with a path to 270 electoral votes.

Lyonss comment to me about a hit squad of dirty tricksters seemed to be a reference to the DNCs recent hiring of the Democratic operatives Lis Smith and Matt Corridoni, who are tasked with taking on third-party candidates. In conversations (and in news coverage), anti-Kennedy talking points appear to be making the rounds now more than ever. Virtually any discussion with someone connected to the DNC, for instance, includes the observation that Kennedys largest super-PAC donor, Timothy Mellon, has also given money to Trumps PAC. In a statement to me last night, Corridoni said, Were going to make sure voters are educated about Kennedys extreme policies and the MAGA donors funding his spoiler campaign. When voters learn that Kennedy is propped up by Trumps biggest donor, attempting to throw the election, and that his own family doesnt support him, they will be less curious about his candidacy should he even make it onto the ballot.

Yair Rosenberg: Theres no such thing as an RFK Jr. voter

Earlier this month, dozens of Kennedys showed up at the White House to celebrate St. Patricks Day with Biden. A viral group photo of them arm in arm with Biden appeared to be a response to an American Values ad that ran during the Super Bowl and repurposed the mid-century Kennedy, Kennedy, Kennedy jingle. Kennedy himself later apologized for the ad and blamed his super PAC (while still featuring the clip on his X profile). The person who bankrolled the controversial spot? His new running mate.

The Trump campaign did not respond to my requests for comment for this story. In background conversations with the Biden campaign and the DNC this week, I was struck by their optimism. I was also surprised by what seemed to be an overestimation of average voter knowledge. (Though when I raised this criticism, I received a strong denial, plus examples of times the campaign acknowledged that the public is unaware of Kennedys positions.) Even now, many Americans are barely aware of Kennedys stance on Israel, or his anti-vaccine historythey simply know his last name, and are maybe vaguely aware of his 60s-anarchy ethos. But its not just positions. The establishment Democrats may also be underestimating Kennedys relative appeal. Although hes 70 years old, Kennedy still seems youthful, at least compared with Biden and Trump.

Biden fatigue in particular is very real right now, and will be a tangible factor in November. Yet the sense I came away with was that the people around Biden believe (hope) that itchy blue voters are on something akin to a political rumspringa, and, after voters learn more about Kennedy, they will eventually come home to the Democratic Party and its kindly 81-year-old nominee once summer ends and the elections existential stakes become more immediate. Kennedy is making a different bet.

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US military says eight ‘narco-terrorists’ killed in strikes on three boats in Pacific

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US military says eight 'narco-terrorists' killed in strikes on three boats in Pacific

Eight people have been killed in US military strikes on three boats it has accused of smuggling drugs in the Pacific Ocean.

The US military’s Southern Command said the strikes targeted “designated terrorist organisations” killing three “narco-terrorists” in the first vessel, two in the second boat and three in the third.

No evidence the vessels were involved in drug trafficking has been given, but a video showing the strikes on the boats was posted on social media.

Southern Command added that defence secretary Pete Hegseth ordered the strikes, and claimed intelligence confirmed the vessels were using known drug trafficking routes and engaged in drug trafficking.

The US military said it carried out strikes in the Pacific Ocean on three boats it accused of trafficking drugs. Pic: X/@Southcom
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The US military said it carried out strikes in the Pacific Ocean on three boats it accused of trafficking drugs. Pic: X/@Southcom

One of the boats targeted during the strikes. Pic: X/@Southcom
Image:
One of the boats targeted during the strikes. Pic: X/@Southcom

It is unclear where the vessels were from, but the strikes mark the latest in Donald Trump‘s “war” with drug cartels, which has also seen vessels targeted in the Caribbean Sea, including near Venezuela.

Over the past several months, the US has been carrying out a large-scale military build-up in the southern Caribbean, with the stated goal of combating drug trafficking.

In its first lethal strike on 2 September, the White House posted on X that it had conducted a strike against “narcoterrorists” shipping fentanyl to the US, without providing evidence of the alleged crime.

Sky’s Data & Forensics unit last week verified that in the four months up to 10 December, 23 boats were targeted in 22 strikes, killing 87 people.

US forces also seized a crude oil tanker, named Skipper, off the coast of Venezuela last week.

The government in Caracas, led by President Nicolas Maduro, who insists the real purpose of the US military operations is to force him out of office, branded the ship’s seizure a “blatant theft” and an “act of international piracy”.

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On Monday, Mr Trump signed an executive order declaring fentanyl a “weapon of mass destruction”.

The order instructs the State and Treasury departments to pursue the financial assets of and sanctions on financial institutions and groups involved in fentanyl trafficking.

It also calls for greater co-operation between the Pentagon and the Justice Department on fentanyl and drug trafficking issues.

The latest strikes on vessels allegedly trafficking drugs come on the eve of briefings on Capitol Hill for all members of Congress as questions mount over the Trump administration’s military actions.

Mr Hegseth, secretary of state Marco Rubio, and other top national security officials are expected to provide closed-door briefings for politicians in the House and Senate.

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Politics

FCA consults on UK crypto rules for exchanges, lending and DeFi

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FCA consults on UK crypto rules for exchanges, lending and DeFi

The United Kingdom’s Financial Conduct Authority (FCA) launched a series of consultations on proposed rules for digital asset markets, marking the next phase in the government’s effort to establish a comprehensive regulatory framework for crypto assets.

The proposals, published across three consultation papers, cover crypto trading platforms, intermediaries, staking, lending and borrowing, market abuse, disclosures and decentralized finance (DeFi). The FCA said consultation responses will be open until Feb. 12, 2026.

The regulator said the proposals aim to support innovation while ensuring that consumers understand the risks associated with crypto investment. It added that regulations should not eliminate risks entirely, but should ensure that participants operate responsibly and transparently. 

“Our goal is to have a regime that protects consumers, supports innovation and promotes trust,” said David Geale, the FCA’s executive director for payments and digital finance, adding that industry feedback will help shape the final rules.