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Maggie Haberman: Trump’s ‘Unreality Bubble’ Meets the Midterms (Transcript)

Maggie Haberman Trumps ‘Unreality Bubble Meets the Midterms The Mishal Husain Show

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EDITOR’S NOTE: In this wide-ranging conversation, veteran New York Times journalist Maggie Haberman — co-author, with Jonathan Swan, of Regime Change: Inside the Imperial Presidency of Donald Trump — joins host Mishal Husain on The Mishal Husain Show to offer an unparalleled inside look at Donald Trump’s second term. Drawing on decades of reporting on Trump, Haberman traces his political rise from the tabloid pages of New York to the Oval Office, and examines the tight inner circle now running the White House as the midterm elections approach. This interview episode was premiered September 18, 2026.

TRANSCRIPT:

Introduction

MISHAL HUSAIN (00:00:43 – 00:02:46): From Bloomberg Weekend, this is The Mishal Husain Show. It is pretty clear by now that this Trump White House in the second term is run by a much tighter, more loyal group of people than the first time around. Notwithstanding the odd departure, overall, the core team that came back with Donald Trump that is delivering his core plan has remained pretty much intact.

And if there’s one reporter who has really been able to burrow inside the inner workings of that team and the president himself, who’s covered Donald Trump since long before he ever ran for office, it’s Maggie Haberman of The New York Times. To give you an idea of just how embedded in this world she has been, back in 2016, she had nearly 600 bylines in the paper, and since then she has written many stories and 2 books, most recently co-authored with Jonathan Swan, Regime Change: Inside the Imperial Presidency of Donald Trump.

Maggie’s work is widely respected. Personally, I marvel not only at her sourcing but also the volume and the quality of her output. And now, with the midterms just 6 weeks away, I wanted her to take us inside the Trump White House right now, to bring us right up to date with the atmosphere, the attitude of the president himself to the fact that the Iran war is not going according to plan, to get a sense of election strategy, what the next 2 years of this presidency might look like. What’s the president thinking? What is he doing day by day, even minute by minute?

So here is that conversation. As ever, Bloomberg subscribers can read my notes on this episode. That’s the case with all our episodes. You’ll find a link in our show notes. And with that, on to Maggie herself, who joined us from her home. Hello, Maggie.

MAGGIE HABERMAN (00:02:46 – 00:02:46): Hi there.

Regime Change and the Book’s Origins

MISHAL HUSAIN (00:02:47 – 00:02:56): I want to obviously congratulate you on Regime Change, but also tell you and show you how much use it has been to me. Can you see all the Post-its?

MAGGIE HABERMAN (00:02:56 – 00:03:01): Wow. I sure can. That’s fabulous. We love to see that. Thank you.

MISHAL HUSAIN (00:03:01 – 00:03:15): So it’s been a— it’s been a resource as well as a read for me, particularly because we had Tucker Carlson on the show a few weeks ago. So all of that was particularly useful. So thank you for your work in more ways than one, essentially.

MAGGIE HABERMAN (00:03:15 – 00:03:20): Well, thank you. I’m glad that it provided a— it was of utility.

Covering Trump Before the Presidency

MISHAL HUSAIN (00:03:21 – 00:03:45): Most definitely. I’ve been thinking about how many reporters have observed Donald Trump for as long as you have. And I realize that for you, the story goes back considerably before the 2016 election when you were working in New York. This is before your New York Times days. Tell me about that period and how you saw him, way back before he ran for president.

MAGGIE HABERMAN (00:03:46 – 00:06:03): So I started my career at the New York Post just slightly over 30 years ago to the month as a clerk. And Trump was— I’m trying to think of how to describe this. He was almost etched into the fabric of the place by then. The New York Post had been rebought and saved by Rupert Murdoch. The paper would have folded without him. But Trump was somebody who people liked reading about. By then, it was very clear that he was an overleveraged businessman. He had had his near-complete personal financial crash of the early 1990s. His marriage had broken up to Ivana Trump. He had married Marla Maples, and then they divorced. He liked being seen as a playboy. He was somebody who was always available for a quote. He would often provide his own background information to Page Six, the gossip page, as a source close to Trump. And he was often the source. So he was just around.

And then in the 2000s, much of my time after the September 11th terrorist attacks was covering rebuilding at the Trade Center site for the first few years. He had no connection to the site. He did go down near the site in the day after, 2 days after. He had no role, though, in the recovery. He did propose, I think it was twice, rebuilding the original Twin Towers as they were, which was not in the cards, and they had already moved on with planning. He was very critical of the design.

And then in 2010, he decided that he wanted to become more involved in national politics. I had just started at Politico that year, and I had a blog about New York, and he was hosting a fundraiser for the Republican Governors Association. And I think that was October. And that was the avatar that he was getting more serious, or I should say the warning sign that he was getting more serious about national politics. Flirted with running before many times. But in 2011, he did make moves that one would make if they were running. He had a number of conversations.