SCOOP: Trump officials are diverting roughly $90 million in national parks entry fees to pay for the president’s July 4th plans, including a massive fireworks display. By @jakespring@ddiamond and @NaemaAhmed https://t.co/Oy1OqmYdZO
President Trump is floating the possibility of keeping the UFC arena on the White House South Lawn — built for a series of fights on his birthday and Flag Day — permanently.
Read more: https://t.co/3b9o9XIiBu
Ted Cruz on high gas prices: "I don't think it's gonna impact the midterms. I've seen no data that suggests this is having a big impact on the midterms. Under Biden, gas prices ... "
“The public has swung 49 points against data centers in just nine months, underscoring the heightened political salience of the facilities and the AI industry that they embody.”
Breaking News: Todd Blanche said that President Trump’s broad shield from IRS audits remained, even though the $1.8 billion payout fund had been dropped. https://t.co/YZk7KQx6B7
This is entirely false. I live in a Blue State. Recently changed my credit card & bought a house - same bank, linked to existent accounts. Both transactions required me to prove my legal residency status.
Trump announces plan to seize assets and shut down bank accounts belonging to migrants:
“Access to our Nation's Financial Systems must be limited to those who have a Legal Right to be here…”
KUDLOW: How bad is the inflation right?
HASSETT: Right now it's on a deep, downward dive. And the inflation is really out of control in the blue states. So if you take out New York and California, then the story is radically different. And so there's really good news even on inflation right now.
🦔A developer in California's Imperial Valley wants to build a $10 billion data center half a mile from homes that would consume 750,000 gallons of water per day. He claims it'll train Google's Gemini AI. Google denies any involvement. Residents' water bills have already doubled in six years, California doesn't require data centers to report water usage, and no central authority oversees any of it. A data center takes two to three years to build. A new water source takes up to twenty. Inside Climate News had the full investigation.
My Take
I posted about the Utah Stratos Project last week and this one runs on the same playbook. Developer shows up with a multibillion dollar proposal, name-drops a major tech company, and the tech company says they've never heard of him. California has no reporting requirement for data center water use and no central permitting authority. Hundreds of city and county governments are all figuring this out on their own with no playbook.
These facilities go up in two to three years but the water infrastructure they depend on took decades to build and nobody sized it for AI training loads. Margie Padilla, a mom in Imperial who grows her own food, already pays double what she paid six years ago for water and expects restrictions next. She's not against technology. She just wants to know who decided her water should subsidize a facility that a $2 trillion company won't even put its name on. Fair question.
Hedgie🤗
Despite widespread adoption of AI tools, about eight in 10 teachers (82%) say they receive no formal guidance on how they should apply AI tools to their work.
New data from Gallup and @WaltonFamilyFdn: https://t.co/d74R3WLAmV
The U.S. is now spending more on data center construction than on public transportation infrastructure, according to new Census Bureau figures out today (https://t.co/2SonuBrsvY)
BREAKING: Iran says it has now decided to execute the full blockade of the Bab el-Mandeb Strait as the next operational step following the announcement of ending all negotiations and communication with the US, per Tasnim.
Oil is surging over 8%, now at $94.
The UN must open the Strait of Hormuz for us - Rubio
"What is the purpose of the UN?! The UN was supposed to be a place where you could peacefully resolve global conflict." 🤷♂️😎
“We are taking it to the UN”.
The US condemned the UN for years, because the UN wanted to peacefully resolve conflicts, and objected to American and Israeli wars.
The US must be in dire straits (pun intended) if they now beg the UN for help.
German Companies Return to Putin’s Economic Forum – Globus Chief Thomas Bruch Attends
For the first time in four years, German business leaders are officially attending the St. Petersburg International Economic Forum (SPIEF), taking place from June 3 to 6, 2026.
Among the participants is Thomas Bruch, long-time head of the Globus Holding supermarket chain.
The German-Russian Chamber of Commerce says the move is necessary to maintain economic bridges after a potential ceasefire and to protect more than €100 billion in German assets in Russia.
Around 1,600 German companies remain active there.