TODAY'S NEWS FLASH:
Trump’s Intelligence Pick With No Intel Background Begins Mass Firings at ODNI
Federal Judge Strikes Down Trump’s Voter Citizenship Database in Absurd Ruling
Democratic Senator Under Scrutiny for Leadership PAC Spending on Family Trips
Turkey Detains Over 200 Suspected Militants Before NATO Summit
Waking up to pee? Why it’s NOT normal
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Political Landscape
Trump's Luncheon With Senate Republicans Turns Into Shouting Match
President Trump's visit to Capitol Hill devolved into a heated confrontation with Republican senators, with Trump telling Sen. Bill Cassidy to sit down during a tense exchange. The chaos erupted after Trump abruptly canceled plans to sign a bipartisan housing affordability bill, demanding the Senate first pass the SAVE America Act on election integrity.
Senate Rejects Measure to Restrict Trump's Iran War Powers
The Senate voted late Wednesday to reject a measure aimed at limiting President Trump's authority to wage war against Iran, marking a victory for GOP leadership. Key Republicans who had initially supported restrictions shifted their votes within 24 hours, underscoring the party's reluctance to challenge the commander-in-chief during wartime.
Global Impact
Double Earthquake Devastates Venezuela, Killing at Least 32
Two powerful earthquakes—including a 7.1-magnitude tremor—struck Venezuela Wednesday evening, collapsing buildings across Caracas and killing at least 32 people with hundreds injured. Interim leader Delcy Rodríguez declared a state of emergency as rescue teams from other nations begin arriving, with experts warning the death toll could rise significantly.
France Confirms First Ebola Case in Doctor Returning From DRC
France confirmed its first Ebola case in a doctor who returned from a humanitarian mission in the Democratic Republic of Congo. The patient is in stable condition at a specialist facility, and health officials are tracing contacts while emphasizing the risk to the European public remains very low.
Economic Pulse
Inflation Report Set to Fuel Interest Rate Concerns
A closely watched inflation report is poised to reveal how much price growth accelerated in May, even as oil prices have begun falling. Americans remain mired in an affordability crunch, and the data could complicate hopes for Federal Reserve rate cuts that many households are counting on for relief.
JPMorgan Chase Unveils $50 Billion Buyback After Fed Stress Test
JPMorgan Chase announced a massive $50 billion stock buyback program after the Federal Reserve's annual stress test found all 32 large U.S. banks could withstand a hypothetical recession with $708 billion in losses. Goldman Sachs also raised its dividend, signaling confidence in the banking sector's resilience.
Quick Takes
Former Disney CEO Bob Iger denied that Jimmy Kimmel's suspension from ABC was to prove loyalty to President Trump, insisting the network simply thought the host's joke was in 'bad taste.'
Sony Pictures invests $100 million in Cosm, takes minority stake. Los Angeles-based Cosm operates dome venues using its “Shared Reality” technology.
Merlín the duck takes a trip to the stadium, but FIFA rules keep him out of Mexico match.
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