New York may lose even more federal funding under latest Trump order

And Hochul is out with her first campaign ad in the 2026 race for governor.

Good afternoon — it’s Monday and National Park Service Founders Day.

In today’s CapCon:

• A new order from President Donald J. Trump on cash bail laws could result in more federal funding cuts for New York.

• Gov. Kathy Hochul is out with her first campaign ad in the 2026 race for governor.

• Do you ever get irritated about how many trailers movie theaters play before the movie actually starts? This lawmaker feels your pain.

• This Week in New York History: Benedict Arnold, Fort Stanwix and the 125th Regiment.

Names in today’s CapCon: Donald J. Trump, Elise Stefanik, Kathy Hochul, Latrice Walker, Clyde Vanel, Tom O’Mara, Rachel May, Al Stirpe, Benedict Arnold

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Trump in July (Julia Demaree Nikhinson/Associated Press)

⚖️ Trump signs order to withhold federal funding over cash bail laws

Republicans in New York have been trying to reverse changes made to the state’s laws on cash bail since they took effect in 2020.

They’ve been successful to a certain degree. Republicans have led an opposition campaign that’s influenced the public and, in return, put pressure on public officials to amend the laws. That’s happened at least three times.

They were approved by Democrats to overhaul a two-tiered system. People with enough money were able to pay up and walk free before their trial. People without that money had to sit in jail on the same charge.

The new laws removed the option for judges to set cash bail for most misdemeanors and nonviolent felonies.

They’re now required to release defendants before their trial without bail if they’re brought in on those charges. But cash bail is still allowed for severe charges.

President Donald J. Trump is now threatening to withhold federal funding from New York and other states and cities that have sought to restrict the use of cash bail in court.