Louisiana governor prepares to suspend House primaries after court ruling  —  Gov. Jeff Landry (R) told Republican House candidates he plans to suspend the May 16 primary elections so lawmakers can redraw the congressional map.  —  Summary  —  Louisiana Gov. Jeff Landry (R) …

Janet Mills Bows Out of Maine Senate Race as an Insurgent Democrat Rises  —  Her withdrawal reflects the energy of the party's left and voters' unease with older candidates and paves the way for Graham Platner to challenge Senator Susan Collins in November.  —  Gov. Janet Mills of Maine …

Department of Just-Indict-Someone  —  Even Trump can barely defend the charges against James Comey with a straight face.  —  We know we keep saying it, but this business about the Strait of Hormuz is getting really, really alarming.  Oil prices hit their highest point since the war began overnight …

Public rejects Trump's ballroom by wide margin  —  The president's planned 250-foot arch and a Treasury Department plan to put Trump's signature on paper money are also unpopular.  —  Summary  —  Americans reject President Donald Trump's planned White House ballroom by a 2-to-1 margin …

Scoop: Commanders to brief Trump on new Iran military options Thursday  —  President Trump is slated to receive a briefing on new plans for potential military action in Iran on Thursday from CENTCOM Commander Adm. Brad Cooper, two sources with knowledge tell Axios.

Mike Johnson's Terrible, Horrible, No Good, Very Bad Week  —  “This is what happens when you have leadership who can't organize a one-car parade,” one senior Republican told NOTUS.  — Copy  —  Just about everyone is mad at Mike Johnson this week.  —  The majority of the House Republican …

Thom Tillis doubles down on his latest Trump personnel ultimatum … Tillis has major leverage as a member of the Judiciary Committee, where Republicans have a one-vote advantage and he can exercise an effective veto.  —  That's exactly what Tillis did in the Senate Banking Committee …

'That's not over': Powell's final warning  —  Editor's note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day's biggest stories.

U.S. Debt Tops 100% of GDP  —  Federal debt exceeding the size of the economy is a potent symbol of the gathering fiscal stresses on the U.S.  —  WASHINGTON—The U.S. national debt now exceeds 100% of gross domestic product, crossing a once-unthinkable threshold, on the way toward breaking the record set in the wake of World War II.

The Logic of NACHO  —  The only available deal is no deal  —  On Wall Street, TACO — Trump Always Chickens Out — has abruptly been replaced as a favorite meme by NACHO — Not a Chance Hormuz Opens.  As a result, oil futures have soared.  —  I never bought into the TACO meme …

Scared and angry British Jews demand more from government after knife attack  —  Scared, angry at the government, and wondering whether they need to leave the country, British Jews in the north London suburb of Golders Green were reeling a day after an attacker stabbed two men in the street.

US economy undershot expectations to grow at 2% rate in first quarter  —  Expansion falls short of 2.2 per cent forecast by economists but marks a pick-up from a weak end to last year  —  Edited by Philip Georgiadis and Fergus Ryan in London  —  The US economy grew at an annualised rate …

This Summer, the American Water Crisis Becomes Real  —  Concerns over water access are poised to consume summer in the US, as crises in Corpus Christi and across the Colorado River threaten to boil over.  —  Two high-profile water crises, juiced up by climate change and industrial overuse, are building in the US.

Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices  —  A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve.