AI Summary
5 min readThe Senate Judiciary Committee is weighing whether to make Todd Blanche, President Trump’s former personal attorney, the permanent attorney general. In his opening statement, Blanche told the panel that his 17 months leading the Justice Department—first as deputy and now as acting attorney general—have prepared him for the role. “Serving in the Department of Justice was my American dream,” he said. Democrats are expected to press him on the handling of the Jeffrey Epstein files and investigations into Trump’s political opponents, and his confirmation could hinge on a small number of Republicans who have not yet committed to supporting him.
Wholesale Prices Cool, but Gas Rises on Iran Tensions
Wholesale prices in June were up 5.5% from a year ago, a smaller annual increase than the previous month. Prices actually dipped 0.3% between May and June. But renewed tensions in the Strait of Hormuz are pushing gas prices higher. AAA reports the average price of regular gas rose three cents a gallon overnight, while diesel jumped a nickel. Iran is threatening to hold all energy exports from the Middle East after President Trump announced a new blockade of Iranian ports.
Germany Warns of Iranian Retaliation Threats
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What you'll learn
- 1 (00:22) **Confirmation Hearing for Acting Attorney General** - Senate Judiciary Committee considers whether to make President Trump's former personal attorney the permanent Attorney General
- 2 (01:35) **Wholesale Prices Rise 5.5% Year-Over-Year** - June wholesale prices dipped 0.3% from May, showing a smaller annual increase than the previous month
- 3 (01:45) **Gas Prices Rise as Iran Threatens Energy Blockade** - AAA reports average regular gas up three cents overnight, diesel up a nickel
- 4 (02:07) **Asian and U.S. Market Updates** - Asian stocks mixed, up in Tokyo; Dow up 205 points in morning trading
- 5 (02:10) **Germany Warns of Iranian Attack Networks in Europe** - Iranian daily publishes list of 13 targets, including Trump, German Chancellor, Israeli PM, and leaders of France, Italy, and UK
- 6 (03:17) **New York Halts Large AI Data Center Development** - Governor Kathy Hochul announces moratorium, plans to seek end to sales tax exemptions for large data centers
- 7 (03:49) **England vs. Argentina World Cup Semifinal Preview** - Sixth World Cup meeting between the two nations, with history including the "Hand of God" goal and Falkland Islands war
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