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RBC almost doubled Dave McKay’s bonus on record earnings




Royal Bank of Canada Chief Executive Officer Dave McKay received $23.76 million in total compensation last year, a pay package that included a bonus that was 86% above his target as the firm achieved record earnings. 

Meet Markwayne Mullin, the new multimillionaire head of DHS, who owns a cattle ranch in Oklahoma



After months of infighting over the Department of Homeland’s handling of ICE’s immigration crackdown, President Trump announced on Thursday that he will replace Secretary of Homeland Security Kristi Noem with Republican Sen. Markwayne Mullin, a junior senator hailing from the state of Oklahoma.

“The president and I are good friends,” Mullin told reporters after the announcement. “We look forward to working closer with the White House.”

“Obviously, I’m gonna be over there a lot more.”

The Senator, who previously served 10 years in the House of Representatives before starting his senate term in 2023, is best known for challenging Teamsters President Sean O’Brien to a fistfight during a heated hearing in 2023. Among their many differences, Mullin criticized O’Brein for his $200,000 annual salary—as compared to Mullin’s $174,000 congressional one.

Mullin came under fire after claiming during the same hearing that he paid himself only $50,000 when he ran a plumbing business. However, his financial disclosures from 2012—the year he was first elected to Congress—told a different story: his self-reported salary was $92,000, almost double what he said. 

A deeper look at Mullin’s most recent financial disclosures from 2024 reveals that the senator is a multimillionaire.

What are Mullin’s assets?

Congressmembers don’t have to disclose the exact dollar values of their assets and liabilities, but rather, are allowed to give a range of values. They also don’t have to disclose the values of their personal residences. As a result, it’s rather difficult to get a true dollar amount to how much our representatives are worth.

Mullin’s only source of income is his congressional salary—though he owns several businesses, a home services company, and properties in his home state and in Washington, D.C. 

He and his wife, Christie, have owned Mullin Plumbing in Broken Arrow, Okla for 28 years, which his Senate website says is the largest service company in the region. He also is a joint owner of Mullin Ranch LLC, a 1600-acre cattle ranch and event and wedding venue in Okla., estimated to be worth between $1 million and $5 million, according to the filing. 

In 2024, his wife sold Rowan’s Restaurant, a steakhouse in Stilwell, Okla., for between $1 million and $5 million according to his disclosure. His bio says both he and his founded the steakhouse. He is also the joint owner of Mullin Family Holdco LLC,—the value unreported—and COP Hometown Parent LLC, valued at $500,000 to $1 million dollars, according to the disclosure. These holdings are distributed across himself, his spouse, and his children, with individual stakes often valued between $500,001 and $1,000,000.

He also founded Mullin Environmental, according to his website. The company received a COVID-era Paycheck Protection Program loan for $169,200, which was later forgiven according to ProPublica. 

He is a full or joint owner of at least 30 commercial, residential, and land investment properties, four of which are worth more than $1 million, according to the 2024 financial disclosure. They are mostly located in Okla., but he also owns one investment property in Washington, D.C. and Englewood, Fla. 

He also listed dozens of corporate securities and mutual fund holdings in the 2024 disclosure, ranging in worth from less than $1,001 to $1 million.

In 2024, Mullin also took out a line of credit valued between $5,000,001 and $25,000,000 from global financial services firm BNY, according to the disclosure. 

Building business at home

He grew up on his family ranch in Westville, Okla., where he still lives today, with his wife with whom he has six children, according to his Senate bio. He enrolled in Missouri Valley College on a wrestling scholarship, but left school at 20 years old to save his family business after his father got sick, according to his website. He got a degree in Applied Science in Construction Technology from Oklahoma State University Institute of Technology in 2010.

Mullin is one of several multimillionaires in the Senate. West Virginia Sen. Jim Justice, who owns several coal and mining companies and the luxury Greenbrier resort, is worth about $664 million, according to fintech firm Quiver Quantitative. (Quiver also estimated Mullin’s net worth to reach as high as $65.9 million). Quick Sen. Mark Warner is the wealthiest Democratic senator and has an estimated net worth between $76 and $303 million, mostly from investment funds, Business Insider reported. 

House votes 219-212 to halt Trump’s attacks on Iran. “Donald Trump is not a king,” says Dem



It’s the second vote in as many days, after the Senate defeated a similar measure along party lines. Lawmakers are confronting the sudden reality of representing wary Americans in wartime and all that entails — with lives lost, dollars spent and alliances tested by a president’s unilateral decision to go to war with Iran.

While the tally in the House, 212-219, was expected to be tight, the outcome provided a clarifying snapshot of political support for, and opposition to, the U.S.-Israel military operation and Trump’s rationale for bypassing Congress, which alone has the power to declare war. At the Capitol, the conflict has quickly carried echoes of the long wars in Afghanistan and Iraq, and many Sept. 11-era veterans now serve in Congress.

“Donald Trump is not a king, and if he believes the war with Iran is in our national interest, then he must come to Congress and make the case,” said Rep. Gregory Meeks, the top Democrat on the House Foreign Affairs Committee.

The House also approved a separate measure affirming that Iran is the largest state sponsor of terrorism.

Republicans largely back Trump, and most Democrats oppose the war

Trump’s Republican Party, which narrowly controls the House and Senate, largely sees the conflict with Iran not as the start of a new war, but the end of a government that has long menaced the West. The operation has killed Iran’s Supreme Leader Ayatollah Ali Khamenei, which some view as an opportunity for regime change, though others warn of a chaotic power vacuum.

Republican Rep. Brian Mast of Florida, chairman of the House Foreign Affairs Committee, publicly thanked Trump for taking action against Iran, saying the president is using his own constitutional authority to defend the U.S. against the “imminent threat” the country posed.

Mast, an Army veteran who worked as a bomb disposal expert in Afghanistan, said the war powers resolution was effectively asking “that the president do nothing.”

For Democrats, Trump’s attack on Iran, influenced by Israeli Prime Minister Benjamin Netanyahu, is a war of choice that is testing the balance of powers in the Constitution.

“The framers weren’t fooling around,” said Rep. Jamie Raskin, D-Md., arguing that the Constitution is clear that only Congress can decide matters of war. “It’s up to us.”

While views in Congress are largely falling along party lines, there are crossover coalitions. The war powers resolution, if signed into law, would have immediately halted Trump’s ability to conduct the war unless Congress approved the military action. The president would likely veto it.

Trump officials provide shifting rationale for war

After launching a surprise attack against Iran on Saturday, Trump has scrambled to win support for a conflict that Americans of all political persuasions were already wary of entering. Trump administration officials spent hours behind closed doors on Capitol Hill this week trying to reassure lawmakers that they have the situation under control.

Six U.S. military members were killed over the weekend in a drone strike in Kuwait, and Trump has said more Americans could die. Thousands of Americans abroad have scrambled for flights, many lighting up phone lines at congressional offices as they sought help trying to flee the Middle East.

Trump said Thursday he must be involved in choosing Iran’s new leader. Yet House Speaker Mike Johnson, R-La., said this week that America has enough problems at home and is not about to be in the “nation-building business.”

Defense Secretary Pete Hegseth said that the war could extend eight weeks, twice as long as the president first estimated. Trump has left open the possibility of sending U.S. troops into what has largely been a bombing campaign by air. More than 1,230 people in Iran have died.

The administration said the goal is to destroy Iran’s ballistic missiles that it believes are shielding its nuclear program. It has also said Israel was ready to act, and American bases would face retaliation if the U.S. did not strike Iran first. On Wednesday, the U.S. said it torpedoed an Iranian warship near Sri Lanka.

“This administration can’t even give us a straight answer of as to why we launched this preemptive war,” said Rep. Thomas Massie, the Republican from Kentucky, an outlier in his party.

Massie and Rep. Ro Khanna, D-Calif., who had teamed up to force the release the Jeffrey Epstein files, also pushed the war powers resolution to the floor, past objections from Johnson’s GOP leadership. Another Republican, Rep. Warren Davidson of Ohio, a former Army Ranger, was also expected to back the war powers resolution.

Johnson has warned that it would be “dangerous” to limit the president’s authority while the U.S. military is already in conflict.

“Congress must stand with the president to finally close, once and for all, this dark chapter of history,” said Rep. Michael McCaul, R-Texas.

Rep. Yassamin Ansari, D-Ariz., said that as the daughter of Iranian immigrants who fled their homeland, she celebrates Khamenei’s death. But she warned that a democratic transition for the people of Iran never seems to a priority for Trump and his officials who briefed lawmakers.

“War carries profound and deadly consequences for our troops, for the American people and for the entire world,” she said. “It’s the most serious decision that a nation can make and the American people deserve debate, transparency and accountability before that decision is made.”

Other Democrats have proposed an alternative resolution that would allow the president to continue the war for 30 days before he must seek congressional approval. It is not expected yet for a vote.

Senators sit in their desks for solemn vote

In the Senate, Republican leaders have successfully, though narrowly, defeated a series of war powers resolutions pertaining to several other conflicts during Trump’s second term. This one, however, was different.

Underscoring the gravity of the moment Wednesday, Democratic senators filled the chamber and sat at their desks as the voting got underway.

Senate Democratic leader Chuck Schumer of New York said before the vote that every senator will pick a side. “Do you stand with the American people who are exhausted with forever wars in the Middle East or stand with Donald Trump and Pete Hegseth as they bumble us headfirst into another war?”

Sen. John Barrasso, second in Senate Republican leadership, said “Democrats would rather obstruct Donald Trump than obliterate Iran’s national nuclear program.”

The legislation failed on a 47-53 tally mostly along party lines, with Sen. Rand Paul, R-Ky., in favor and Sen. John Fetterman, D-Pa., against it.

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