Politico: “Trump is demanding that the Federal Reserve immediately lower borrowing costs. But the war in the Middle East has now made any interest rate cuts much less likely in 2026 — not just in the U.S. but around the world. With oil prices surging past $100 a barrel and Gulf shipping routes disrupted by the Iran war, governments and investors are bracing for a repeat of the 2022 energy shock.”
Trump Now Wants Hormuz Pledges, But Not Specifics
“The White House is pleading with allies to help secure the Strait of Hormuz — and privately assuring them that President Donald Trump is fine with high-level statements — as it pushes to calm financial markets,” Politico reports.
“The Trump administration is urging European and Asian allies to issue these public commitments by the end of the week… The White House is less concerned about specific contributions at this stage.”
CNBC: France ready to help U.S. secure Strait of Hormuz — but not while drones and missiles are flying.
The Latino Vote Could Crush Republicans
“House Republicans are very aware that the same Latino voters who propelled the GOP to the majority in 2024 could desert them this fall,” Punchbowl News reports.
“Swing districts with large Latino populations in Texas, Florida, Arizona and California will determine control of the House. Republicans made serious inroads last cycle with these voters, especially among Hispanic men. GOP candidates were buoyed by cost-of-living concerns and the appeal of President Donald Trump on the ballot.”
“But the Latino voting bloc swings widely between the two parties, and the 2024 election feels like a lifetime ago. Trump is implementing mass deportations targeting many Hispanic communities, prices remain stubbornly high and the job market is showing weakness. Now, some in the GOP are growing nervous that these same voters could revert back to Democrats — or just stay home.”
Netanyahu Hopes Strikes on Iran Will Lead to Uprising
“Israeli attacks on Iran have been targeting the country’s internal security services as part of Prime Minister Benjamin Netanyahu’s strategy to destabilize the authoritarian government and create the conditions for a popular uprising,” the New York Times reports.
“Some former Israeli military officials dismissed Mr. Netanyahu’s strategy as unrealistic, arguing that Iran’s internal security services are too deeply entrenched and powerful. Other experts, however, argue that Israel should try to bring about a change in leadership, while acknowledging that airstrikes alone will not be enough without a popular uprising.”
Julia Stratton Wins Senate Primary in Illinois
Illinois Lt. Gov. Juliana Stratton (D) is projected to win the Illinois Senate Democratic primary — a major win for both her and Gov. JB Pritzker, a potential 2028 presidential contender who put his name and money behind her, according to Decision Desk HQ.
Jesse Jackson Jr. Fails in His Comeback Bid
“Former Illinois Rep. Jesse Jackson Jr. fell short in his attempt to return to Congress on Tuesday, after resigning more than a decade ago amid a federal corruption investigation,” Politico reports.
“Cook County Commissioner Donna Miller defeated him and a host of other candidates to win the Democratic primary for Illinois’ 2nd district, a seat currently held by Rep. Robin Kelly, who left to run for the Senate.”
Tonight’s Primary Results
Illinois voters pick their candidates for state and federal office, but five races stand out: The races for the open U.S. Senate seat and four open U.S. House seats in solidly blue districts.
Polls close at 8 p.m. ET.
Leave your reactions in the comments as the results come in.
Roberts Slams ‘Dangerous’ Attacks on Justices
“Chief Justice John Roberts said hostility toward individual Supreme Court members was creating a dangerous environment, in his first public comments since the president blasted justices who voted to strike down his global tariffs,” Bloomberg reports.
Trump Missed Deadline to Push Texas Candidate Out
“President Donald Trump promised his endorsement was forthcoming in the GOP Texas Senate runoff and said he wanted whoever he didn’t pick to drop out. But now — preoccupied with the Iran war and a doomed voting bill — he’s missed a critical deadline,” CNN reports.
“The deadline for either candidate to withdraw their name from the ballot has passed.”
“That means that the names of both incumbent Texas Sen. John Cornyn and Attorney General Ken Paxton will be listed on the ballot in the May 26 runoff, something many Senate Republican leaders — and even Trump himself — acknowledged they did not want.”
Judge Order Voice of America Employees Back to Work
“Voice of America employees have spent a full year on paid administrative leave while President Donald Trump’s administration has tried to shrink the international broadcaster to its ‘statutory minimum.’ That extended absence is coming to an end,” the Washington Post reports.
“A federal judge ruled Tuesday that the wind-down of operations at the U.S. Agency for Global Media, VOA’s parent, is unlawful and ordered the agency to bring more than 1,000 employees back to work.”
Viewership for CBS Evening News Plummets
“Suddenly, CBS Evening News is back where executives at the news division behind the show hoped never to return,” Variety reports.
“Viewership for the program has once again dropped below 4 million, a critical demarcation point that previously spurred alarm at the Paramount Skydance news division. CBS News recently scrapped a version CBS Evening News anchored by Maurice DuBois and John Dickerson after the program shed audience and fell below 4 million viewers on many weeknights.”
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Russia Is Sharing Imagery and Drone Technology With Iran
“Russia has been expanding its intelligence sharing and military cooperation with Iran, providing satellite imagery and improved drone technology to aid Tehran’s targeting of U.S. forces in the region,” the Wall Street Journal reports.
“Russia is trying to keep its closest Middle Eastern partner in the fight against U.S. and Israeli military might and prolong a war that is benefiting Russia militarily and economically.”
“The technology provided includes components of modified Shahed drones, which are meant to improve communication, navigation and targeting… Russia has also been drawing on its experience using drones in Ukraine, offering tactical guidance on how many drones should be used in operations and what altitudes they should strike from.”
Judge Ejects Federal Prosecutor From Court
“A federal judge threw a top prosecutor from the New Jersey U.S. attorney’s office out of his courtroom during a sentencing hearing this week and demanded that the office’s leadership testify about who had authority over their actions,” the New York Times reports.
Extra Bonus Quote of the Day
“I’m pretty good at this stuff. If you can go through years of these press conferences and you’re a popular president of the United States that won in a landslide, that won all 7 swing states, that got record numbers of votes — I mean, I guess I’m okay at this stuff.”
— President Trump, speaking to reporters.
Will Susie Wiles’ Diagnosis Impact the White House?
Rachel Bade: “On the one hand, some Trump World allies argue that nothing will change. Wiles entire mantra as chief, after all, has been to, ‘let Trump be Trump’ — unlike other top officials during Trump’s first term, who tried to talk him out of his ideas and control his thinking.”
“What’s more, her White House deputies are fiercely loyal to her — meaning that she won’t have to worry about such-and-such-a secretary or staffer trying to steer the president in another direction during her absence.”
“But on the other hand, some do wonder if change is upon us. Treatments for cancer — even in the early stages — are no joke. It could require her to leave the West Wing and make the trip up to Walter Reed — not to mention rest afterward…”
“And you know what they say about proximity to this president in particular: It matters — particularly when he tends to listen to the last person he speaks with.”
Trump Floats Venezuela as the 51st State
President Trump took credit for Venezuela having made the finals of the World Baseball Classic and raised the prospect of making it the 51st state.
Pam Bondi Subpoenaed Over Epstein Files
House Oversight Chair James Comer (R-KY) issued a subpoena to Attorney General Pam Bondi on Tuesday, demanding she testify before lawmakers over her handling of the Epstein files, Politico reports.
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