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1:10 PM ET, June 3, 2026

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 Top Items: 
Paul Krugman:
Trump Has Given Up  —  Another day of many errands and meetings, so another short, informal post.  —  Donald Trump will never admit that his gratuitous Iran war has been a total disaster.  But the debacle has clearly broken him.  So we are now saddled with a president who has given up governing …
RELATED:
Mike Zapler / Axios:
Thune hits breaking point with Trump  —  The shift the past few weeks has been subtle but unmistakable: John Thune sounds like a man who's had it with President Trump. … - It's a sign that Trump's sway with congressional Republicans is waning as he approaches the back half of his term.
Punchbowl News:
Dems threaten FISA over Pulte … Close Confirmation  —  Welcome to Punchbowl News AM!  We're glad to have you here.  —  Want to get more of what you need?  Share a bit more about yourself to help us tailor your reader experience.
NBC News:
Trump names William Pulte as acting director of national intelligence
New York Times:
CBS News Fires Scott Pelley of ‘60 Minutes’  —  Mr. Pelley, a longtime correspondent and former “CBS Evening News” anchor, harshly criticized the show's leadership during a staff meeting on Monday.  —  CBS News fired Scott Pelley on Tuesday, he said, jettisoning one of the network's best-known journalists …
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Oliver Darcy / Status:
Clock Strikes Midnight for Pelley … Around 9 p.m. Tuesday, Scott Pelley was informed via email that he had been fired from the network he had called home for more than three decades. … The correspondent had been scheduled to be on vacation, but I'm told he held back after igniting the five-alarm fire at CBS News on Monday.
Isabella Simonetti / Wall Street Journal:
‘60 Minutes’ Correspondent Scott Pelley Fired by CBS News  —  Pelley's exit comes after he made comments critical of Editor in Chief Bari Weiss  —  Veteran “60 Minutes” correspondent Scott Pelley was fired by CBS News, a day after taking aim at Editor in Chief Bari Weiss's leadership during a staff meeting for the show.
Brian Stelter / CNN:
Scott Pelley fired by CBS after ‘60 Minutes’ clash with management
Washington Post:
Trump's pick for Iowa governor loses GOP primary in upset  —  Rep. Randy Feenstra's loss to farmer Zach Lahn is a blow to the president's dominance in Republican nominating contests.  —  Summary  —  President Donald Trump's pick for Iowa governor, Rep. Randy Feenstra …
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Politico:
Becerra and Bass surge in California as anti-establishment fever breaks … “We've been fighting, because we're not going to let somebody turn back our clock,” Bass said in a fiery victory speech after dancing across the stage to the podium. … In deep-blue San Francisco …
Politico:
Establishment Dems surge, MAGA quakes
Discussion: NBC News and New Republic
Washington Post:
Nine takeaways from a big primary night in Iowa, California and more
Jamelle Bouie / New York Times:
America Broke Something When It Gave Trump a Second Chance  —  The Heritage Foundation's “Mandate for Leadership: The Conservative Promise” — popularly known as Project 2025 — was much more than a wish list of conservative policy preferences.  It was much more, even, than a blueprint for a second Trump administration.
Magan Crane / Bloomberg:
Trump Blames Court Block for Collapse of ‘Weaponization’ Fund  —  President Donald Trump said his administration was dropping plans for a $1.8 billion fund to pay victims of alleged government “weaponization” only because a federal court temporarily blocked the move, which had become a political lightning rod.
RELATED:
Politico:
5 lingering questions about Trump's ‘Anti-Weaponization Fund’
Liz Dye / Public Notice:
The slush fund is dead. Long live the slush fund.
Discussion: The Daily Beast
Bobby Allyn / NPR:
DOJ is investigating former congressman George Santos for insider trading on Kalshi  —  In February, four months after being released from federal prison, former Republican congressman George Santos took to social media to express his enthusiasm about attending President Trump's upcoming State of the Union address.
RELATED:
Calen Razor / Politico:
Trump's intel pick endangers spy powers bill
Politico:
The House GOP majority dwindles, and so does the calendar
Discussion: Raw Story
David Kurtz / Talking Points Memo:
The Mounting Toll and Absurdity of Trumpism25 minutes ago
Discussion: Lawyers, Guns & Money
Slate:
The Supreme Court Just Transformed Its Horrible Voting Rights Ruling Into Something More Calamitous  —  This is part of Opinionpalooza, Slate's coverage of the major decisions from the Supreme Court.  The best way to support our work—and unlock exclusive legal analysis—is by joining Slate Plus.
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Associated Press:
Supreme Court allows Alabama to use congressional map favoring Republicans in this year's elections
RELATED:
Avery Lotz / Axios:   Republican support for marriage equality, LGBTQ+ rights sinks: poll
G. Elliott Morris / Substack:
G. Elliott Morris  —  This chart from the latest YouGov/Economist poll result is really quite stunning.  Trump's net approval is not only deeply negative, but about 15(!!) points below what it was at this point in 2018.  With this data you'd expect this year's midterms to be even worse …
Reuters:
Trump says Iran has agreed to not have a nuclear weapon  —  U.S. President Donald Trump said Iran has agreed not to have a nuclear weapon and that he would probably meet with Supreme Leader Mojtaba Khamenei at some point if things “work out”.  —  “They've already agreed they're …
RELATED:
Jonathan Tirone / Bloomberg:
Iran Nuclear Risk Seen Higher Than Before Trump Attacks Began
Discussion: MeidasTouch
Washington Post:
Americans' national parks passes will pay for Trump's July 4 plans, documents show  —  Entry fees are going toward a $1.6 million fireworks display and D.C. beautification, while donations will fund a $5 million helipad at the White House.  —  Summary  —  The Trump administration is diverting …
Discussion: NewsMax.com, New Republic and Raw Story
Nate Jones / Washington Post:
Trump library says no Twitter DMs can be found, despite evidence he sent them  —  Records show that Trump's first administration opted not to save DMs in its library archives, raising questions about compliance with the Presidential Records Act.  —  Summary
Robert Faturechi / ProPublica:
Lawmakers Demand Answers After the White House Initiated a $620M Loan to a Firm Tied to Donald Trump Jr.  —  In a letter, a group of Democratic Congress members wrote that ProPublica's reporting on the deal “reveals a staggering level of corruption and influence.”
Bloomberg:
Trump Officials Held Millions of Dollars of SpaceX Ahead of IPO  —  SpaceX's initial public offering will likely make President Donald Trump's already wealthy administration even richer.  —  Ten officials ranging from special envoy Steve Witkoff to Small Business Administration head Kelly …
Associated Press:
FBI personnel have fatally shot a man holding hostages in Bakersfield, California, police say  —  BAKERSFIELD, Cali.  A man holding hostages inside a building in California that houses a bank branch and school district office has been shot and killed by the FBI, police said Wednesday.
 
 
 New Item Finder: 
New
Ryan Cooper / American Prospect:
Aftermath: Something Is Going to Snap   Find
25 minutes ago
David Kurtz / Talking Points Memo:
The Mounting Toll and Absurdity of Trumpism   Find
1½ hours ago
G. Elliott Morris / Substack:
G. Elliott Morris   Find
 
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 More Items: 
Ryan Cooper / American Prospect:
Aftermath: Something Is Going to SnapNEW!
Discussion: Washington Post and Asia Times
Kevin Conway / Marquette Today:
New Marquette Law School national survey finds Trump with declining approval but retaining strong influence on GOP primary voters
Reis Thebault / New York Times:
Deb Haaland Wins Nomination in New Mexico Governor's Race
Discussion: NBC News and Associated Press
Politico:
Big Tech's big flop on primary night
Eshe Nelson / New York Times:
Even if Oil Prices Peak Soon, the Global Economy Will Slow This Year
Discussion: NewsMax.com
NBC News:
GOP Rep. Andy Ogles deletes homophobic social media post, blames staffer
Axios:
Trump confirms profanity-laced Netanyahu call over Lebanon
 Earlier Items: 
J.T. Young / The American Spectator:
Meet the Post-Biden Democrats: Biden's Democrats
Discussion: USA Today
Mark Hertling / The Bulwark:
Playing Politics with Military Promotions
Discussion: Wall Street Journal
Wall Street Journal:
Inside Trump's Takeover of the American Regulatory Machine
Sarah Todd / STAT:
Top ultra-processed food researchers call for sweeping policy change: ‘The system is rigged’
Discussion: The Guardian, KRDO and NOTUS
Brittany Gibson / Axios:
The last holdouts at Noem's DHS
Michael Crowley / New York Times:
War Games and Warnings on Strait of Hormuz Went Unheeded by Trump
Discussion: Asia Times
 

 
From Techmeme:

Echo Wang / Reuters:
Source: SpaceX aims to raise $75B in its IPO, selling 555.6M shares at $135 each, an unusual move as companies typically set a price range before their roadshow

Katherine Blunt / Wall Street Journal:
Google sold $35B in stock in its equity raise this week, up from its planned $30B and taking its total funding to $85B; a source says it contacted 75 investors

Igor Bonifacic / Engadget:
Google says it is testing a new toggle inside its Search Console with some UK domain owners, letting them decide whether their sites appear in AI search results

 
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