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Washington Examiner

DOJ Declares EEOC's Disparate Impact Policies Unconstitutional

The Department of Justice has declared the Equal Employment Opportunity Commission's 'disparate impact' policies unconstitutional, stating they compel race-based decision-making. This opinion is based on recent Supreme Court rulings and has been welcomed by conservative legal advocates as a potential precursor to further legal challenges against such policies.

Washington Post — Business

Lawmakers propose increasing excise tax on stock buybacks

U.S. lawmakers are considering a proposal to increase the excise tax on stock buybacks from 1 percent to 4 percent. This move is intended to address the financial practices of companies that buy back their own stocks.

NPR — Top Stories

Bill Pulte Appointed as Acting Director of National Intelligence

President Trump has appointed Bill Pulte as the acting director of national intelligence. This appointment has led to concerns among lawmakers about the renewal of FISA Section 702 due to Pulte's perceived lack of national security experience.

Axios

Tulsi Gabbard Informed of Early Departure by Successor Bill Pulte

Tulsi Gabbard was informed by her successor, Bill Pulte, that her last day as director of national intelligence would be earlier than expected. This call occurred amid ongoing tensions regarding Pulte's appointment and its impact on Congress's negotiations over the Foreign Intelligence Surveillance Act.

Axios

Concerns Grow Over Potential Expiration of Section 702 of FISA

Section 702 of the Foreign Intelligence Surveillance Act is facing potential expiration, raising concerns about national security and legal uncertainty for intelligence operations. Congressional negotiations are ongoing, with a vote on a short-term extension scheduled, but support is lacking. Political disagreements, particularly regarding the appointment of Bill Pulte as acting director of national intelligence, are complicating efforts to secure an extension.

New York Times — Business

Oil Prices Rise Amid U.S.-Iran Tensions

Oil prices have risen as tensions escalate between the United States and Iran, marked by a second day of exchanges of fire. This situation has led to concerns about the possibility of renewed conflict.

cnn.com

US Inflation Reaches 4.2% in May, Driven by Energy Costs

US inflation reached 4.2% in May, the highest in three years, largely driven by rising energy costs linked to geopolitical tensions. Monthly inflation increased by 0.5%, with energy prices accounting for 60% of this rise. Core inflation, excluding food and energy, rose by 0.2%, indicating ongoing affordability concerns for consumers.