Beltway NewslettersPunchbowl News: Rep. Frank Lucas, R-Okla. is jumping into the race to replace Patrick McHenry as the top Republican on the House Financial Services Committee. Playbook: Donald Trump’s circle isn’t particularly pleased with Rep. Marjorie Taylor Greene’s threat to put Speaker Mike Johnson out of a job. “100 percent distraction. Unwanted. And just stupid,” one “Trump insider” said. The Early 202: There’s a lot of partisan rancor in Washington, but President Biden’s effort to form closer ties with Japan — in part to counter China — is widely supported. The idea “a tremendous amount of bipartisan support,” said Trump’s former ambassador to Japan Bill Hagerty. Axios: The commander of U.S. Central Command is headed to Israel today to meet with senior Israeli military officials and “coordinate in advance of a possible attack by Iran and its proxies.” White House- President Biden said Israeli Prime Minister Benjamin Netanyahu had responded to his calls for an increase in aid deliveries to Gaza but that Israel still needs to do more. “It’s not enough,” he said at a press conference alongside Japanese Prime Minister Fumio Kishida.
- Robert DeNiro, Kristi Yamaguchi, Jeff Bezos, Tim Cook, and Bill and Hillary Clinton were among the guests at Wednesday night’s lavish, cherry blossom-adorned White House state dinner. Paul Simon — who is “a favorite” of first lady Jill Biden and Kishida, according to the Washington Post — performed.
Mandel NGAN / AFPCongress- Speaker Mike Johnson is planning a trip to Mar-a-Lago Friday where he’ll join Donald Trump for a press conference about “election integrity.” The move is widely being interpreted as an effort to signal his closeness with the former president — and beat back a potential motion to vacate by Rep. Marjorie Taylor Greene.
- Mark your calendars: House Republicans now plan to send impeachment articles against Secretary of Homeland Secretary Alejandro Mayorkas to the Senate next Tuesday, two sources tell Semafor’s Kadia Goba.
- Speaking of which: Senate Republicans are trying to use the impeachment to deliver political pain to John Tester of Montana and Sherrod Brown of Ohio, two vulnerable Democrats in November, Politico says.
Economy- Any hopes that the Federal Reserve might cut interest rates in June were essentially put to bed on Wednesday, when the government reported yet another round of higher-than-expected inflation numbers. There’s some nervous talk about whether inflation might further reaccelerate. But spending categories are driving it? Aside from energy, the two biggest contributors this month were housing and auto insurance, which together now are responsible for most of the inflation over the past 12 months. As the New York Times recently wrote, one reason motor vehicle premiums have been on a tear is simply that cars themselves became more expensive, making them costlier to cover.
- The European Central Bank is expected to signal it will begin cutting rates from record highs in June, cementing an earlier and more aggressive downward path than the Fed.
Courts- Donald Trump lost a third attempt to delay the Monday start of his hush money trial in New York.
- Former Trump Organization chief financial officer Allen Weisselberg was sentenced to five months in jail for perjuring himself in a 2023 civil fraud case. Weisselberg admitted to giving false testimony about the size of Trump’s apartment in New York during a deposition.
- The Justice Department is conducting an antitrust investigation of Nippon Steel’s planned takeover of U.S. Steel. — Politico
Polls- Thirty percent of Black men surveyed in a new Wall Street Journal poll of seven swing states said they were likely to support Donald Trump, a warning sign for President Biden that his opponent is growing support among the key Democratic constituency.
- The Biden campaign has been talking up their chances in North Carolina and a Quinnipiac survey finds the state is indeed competitive, with Biden statistically tied with 46% to Trump’s 48%. In the governor’s race, Democrat Josh Stein leads Republican Mark Robinson by a 52-44 margin.
On the Trail- Ron DeSantis privately told donors and allies he’s going to help fundraise for Trump’s campaign. — NBC
- That was fast: Donald Trump slipped off the Bloomberg Billionaires Index as his media company’s shares lose value.
- Independent presidential candidate Cornel West has chosen Black Lives Matter activist and California State University, Los Angeles professor Melina Abdullah as his running mate.
Foreign Policy- The U.S. and its allies believe Iran strikes on targets in Israel are “imminent.” — Bloomberg
- Hamas told Israel it doesn’t have the 40 hostages needed for the initial phase of the potentially forthcoming ceasefire deal, raising concerns that more hostages may be dead than previously known. — CNN
- Barbara Streisand, Sean Penn, and a host of other big names signed onto an op-ed in CNN putting pressure on Congress to pass Ukraine aid. “If Russia breaks through, this will be our fault,” they wrote.
- The Biden administration should focus on winning competition with China, not “managing” it, House China committee chairman Mike Gallagher and former Trump China adviser Matt Pottinger write in Foreign Affairs.
- The EU’s controversial Migration and Asylum Pact — which gives the bloc greater control over migration, restricts entry to the region, and makes it easier to deport asylum seekers — was approved by the European Parliament over the shouts of pro-migration activists in the chamber’s open gallery.
Big ReadVladimir Kara-Murza is serving a 25-year sentence in a Siberian prison for criticizing the Kremlin and the war against Ukraine. The dual U.K.-Russian citizen and U.S. resident may be the next dissident to die in prison, The Wall Street Journal says. Due to two poisonings that have heavily damaged his nervous system, his doctors say he could die within two years if he doesn’t receive proper treatment. Friends and family are appealing to the U.S. and U.K. to include him in any prison swaps with Russia, including those that may involve Journal reporter Evan Gershkovich, a U.S. citizen who has been held for more than year on an allegation of espionage. Kara-Murza, a former journalist who became a political operative, specialized in connecting opposition groups and developing international ties, had lobbied for sanctions against Russia’s government to loosen its grip on the country’s political system. BlindspotStories that are being largely ignored by either left-leaning or right-leaning outlets, according to data from our partners at Ground News. What the Left isn’t reading: American small businesses aren’t feeling particularly optimistic. What the Right isn’t reading: Sixty-four percent of U.S. registered voters view Donald Trump’s criminal charges in New York as at least “somewhat serious,” according to a Reuters/Ipsos poll Principals Team Editors: Benjy Sarlin, Jordan Weissmann, Morgan Chalfant Editor-at-Large: Steve Clemons Reporters: Kadia Goba, Joseph Zeballos-Roig, Shelby Talcott, David Weigel |