Author: Cristin Dusks

  • Live Nation Reaches Tentative Antitrust Settlement With U.S. Justice Department as States

    Live Nation Reaches Tentative Antitrust Settlement With U.S. Justice Department as States

    Live Nation reached a tentative settlement with the US Justice Department on Monday in the federal antitrust case brought against the entertainment giant.

    The settlement, which still requires the approval of District Judge Arun Subramanian, comes just days after the antitrust trial began in New York.

    The case was initiated under then-president Joe Biden, with prosecutors accusing Live Nation — which owns Ticketmaster — a monopolist that controlled virtually all live entertainment in the United States.

    The settlement requires Live Nation to open up the ticketing platform to competitors and to allow other promoters to stage events at certain Live Nation venues, a senior Justice Department official said.

    Live Nation will divest up to 13 amphitheaters and pay $280 million in damages to the nearly 40 states that were parties to the antitrust lawsuit against the California-based company, the official said.

    The increased competition should result in ticket prices coming down, the official said.

    Live Nation shares surged nearly six percent on the New York Stock Exchange following the announcement.

    New York and a number of other states declined to join the settlement and said Monday that their litigation against Live Nation would continue.

    “For years, Live Nation has made enormous profits by exploiting its illegal monopoly and raising costs for shows,” New York Attorney General Letitia James said.

    “The settlement recently announced with the US Department of Justice fails to address the monopoly at the center of this case, and would benefit Live Nation at the expense of consumers,” James said in a statement.

    “We will keep fighting this case without the federal government so that we can secure justice for all those harmed by Live Nation’s monopoly.”

    A spokesperson for the New York attorney general, a Democrat, said prosecutors would file a motion with the court seeking a mistrial and file a new case against Live Nation brought solely by the states.

    The Justice Department official said talks with a number of the states were ongoing and was hopeful some of them will eventually sign off on the settlement.

    Live Nation is a behemoth in its industry: in 2025 it organized more than 55,000 events worldwide, drawing 159 million attendees.

    Beyond promotion, it holds stakes in 460 venues and, since 2010, has controlled Ticketmaster, the world’s leading ticket seller.

    The Justice Department had accused Live Nation of abusing its dominant position to pressure artists and venues into signing with it, stifle competition, and impose excessive fees on fans.

    The Trump administration’s decision to press forward with the case against Live Nation had surprised many observers, who had interpreted the recent resignation of Justice Department competition chief Gail Slater as a sign the case would be dropped.

    Democratic Senator Elizabeth Warren condemned the settlement in a post on X.

    “Donald Trump just betrayed every fan who’s been exploited by Ticketmaster,” Warren said. “This fine is less than one percent of Live Nation’s revenue last year. We need to break up Ticketmaster and Live Nation.”

    John Kwoka, a professor of economics at Northeastern University, said the settlement appeared “inadequate.”

    “It does not deal with the fact that Ticketmaster is still an integrated company that has incentives that remain pretty much intact to disadvantage competitors,” Kwoka said.

    “This is a minor accomplishment in the face of what the Justice Department laid out as a course of business,” he said.

  • Antitrust Trial Begins That Could Force Breakup of Live Nation, Ticketmaster’s Parent Company

    Antitrust Trial Begins That Could Force Breakup of Live Nation, Ticketmaster’s Parent Company

    A high-stakes antitrust trial that could lead to the possible breakup of Live Nation, the parent company of Ticketmaster, got underway Tuesday in a case over whether the entertainment giant’s dominance of the concert industry amounts to an illegal monopoly.

    In opening statements, a U.S. Justice Department lawyer pointed to the company’s infamously problem-plagued effort to sell Taylor Swift tickets in 2022 as he implored the Manhattan federal jury to end the company’s hold on the market and reward artists and consumers with a competitive marketplace that will leave them with more money.

    “This case is about power, the power of a monopolist to control competition,” said the attorney, David Dahlquist. “Today, the concert ticket industry is broken.”

    David Marriott, arguing on behalf of the companies, disputed the government’s claims.

    “We’ll let the numbers do the talking,” he said. “We do not have monopoly power.”

    Judge Arun Subramanian has told jurors that evidence will be presented over the next six weeks before they’ll be left to decide whether Live Nation and Ticketmaster broke antitrust laws.

    The trial stems from a lawsuit filed in 2024 that alleged the companies have dominated the industry by suffocating competitors and controlling everything from concert promotion to ticketing.

    Ticketmaster, which was established in 1976 and merged with Live Nation in 2010, is the world’s largest ticket seller across live music, sports, theater and more.

    Dahlquist noted that the ticket seller sparked outrage in November 2022 when its site crashed during a presale event for Swift’s Eras Tour.

    The company said the site was overwhelmed by both fans and attacks from bots, which were posing as consumers to scoop up tickets and sell them on secondary sites. The debacle prompted congressional hearings and bills in state legislatures aimed at better protecting consumers.

    Dahlquist said Live Nation’s anti-competitive practices include using long-term contracts ranging from five to seven years to keep venues from choosing rivals and blocking venues from using multiple ticket sellers.

    Ticketmaster’s clashes with artists and fans date back three decades. Pearl Jam took aim at the company in 1994, years before the Live Nation merger, although the Justice Department ultimately declined to bring a case.

    Live Nation has maintained that artists and teams set prices and decide how tickets are sold.

    Marriott said Live Nation was the world’s biggest supporter of musical artists, enabling 159 million people in 2025 to see 11,000 artists at 55,000 concerts.

    He said the government has exaggerated how much the companies make, including by saying Ticketmaster pockets $7 a ticket, when it actually gets $5 and clears less than $2 after expenses.

    Live Nation and Ticketmaster, he said, “are all about bringing joy to people’s lives.”

  • US and Israel Launch Joint Attack on Iran as Explosions Rock Israel and Gulf Arab States

    US and Israel Launch Joint Attack on Iran as Explosions Rock Israel and Gulf Arab States

    The United States and Israel have launched an attack on Iran, with explosions heard and seen across Tehran and in other parts of the country, as apparent retaliatory explosions are hitting northern Israel and multiple Gulf Arab states.

    Several missiles struck University Street and the Jomhouri area in Tehran, the Fars news agency reported. Smoke was seen rising in the city, according to an Al Jazeera correspondent on the ground.

    Iran’s semiofficial Tasnim News Agency reported that explosions also occurred in Tehran’s northern Seyyed Khandan area. Other Iranian media reported attacks nationwide, including in the western Ilam province, while Israel’s military confirmed carrying out attacks in western Iran.

    An Israeli strike hit an elementary girl’s school in Minab, a city in the Hormozgan province of southern Iran, killing at least 40 people, according to according to the state-run IRNA news agency..

    Iran’s Foreign Ministry said the attacks targeted a range of military and defence sites, as well as civilian infrastructure, in various cities.

    US President Donald Trump said the joint attacks were aimed at “eliminating imminent threats from the Iranian regime”.

    “Short time ago, US military began major combat operation in Iran. Our objective is to defend the American people by eliminating threats from the Iranian regime,” he said.

    An Iranian official told Reuters that Tehran ⁠is preparing ⁠for a retaliation that is set ⁠to be ⁠”crushing”. Iran is preparing to “take revenge” on Israel and deliver a “strong response”, State TV reported.

    A senior Iranian official told Al Jazeera that “all American and Israeli assets and interests in the Middle East have become a legitimate target” and that “there are no red lines after this aggression”.

    Explosions in Israel, Bahrain, UAE, Kuwait

    Explosions rocked northern Israel as the country worked to intercept incoming Iranian missiles shortly after it attacked Iran. The blasts echoed just after the Israeli military said it would be using its air defence systems to bring down the Iranian fire. There was no immediate word on any casualties or damage from the ongoing attack.

    Blasts also occurred across numerous Gulf Arab states that host US military assets, including Qatar, Kuwait, the United Arab Emirates and Bahrain. Iran’s Fars News Agency confirmed the country had carried out attacks targeting military bases in each of the states, including Al Udeid Air Base in Qatar and the headquarters of the US Navy’s 5th Fleet in Bahrain.

    Qatar’s Defence Ministry said it had “successfully thwarted a number of attacks targeting the country’s territory”, after several rounds of alerts sounded.

    The UAE’s state news agency reported one person was killed in Abu Dhabi after Iranian missiles were intercepted.

    Muhanad Seloom, assistant professor in Critical Security Studies at the Doha Institute for Graduate Studies, told Al Jazeera that Iran wants to “raise the cost” for countries in the region that are close to the US.

    “They are trying to draw other countries in the region into this war,” said Seloom. “They want to raise the cost for these countries, with the hope probably that these countries will pressure the US administration to stop this war.”

    ‘Joint US-Israeli action’

    Israel’s Prime Minister Benjamin Netanyahu said the attacks on Iran aimed to remove an “existential threat”. Netanyahu projected that “joint action” by Israel and the US “will create the conditions for the brave Iranian people to take their fate into their own hands” and praised Trump for his “historic leadership”.

    A US official told Al Jazeera earlier that the attacks were carried out as a joint military operation between Israel and the US, which has assembled a vast fleet of fighter jets and warships in the region to try to pressure Iran into a deal over its nuclear programme. A US official told Reuters that attacks were being carried out by air and sea.

    One of the areas targeted in Iran’s capital was near the offices of Supreme Leader Ayatollah Ali Khamenei, reported The Associated Press. Khamenei is not in Tehran and has been transferred to a secure location, according to an official quoted by Reuters.

    Sirens in Israel

    As sirens sounded and a state of emergency was declared in Israel, the Israeli military said it had issued a “proactive alert to prepare the public for the possibility of missiles being launched toward the state of Israel”.

    The Israel Airports Authority announced its airspace had been closed to all civilian flights and urged the public not to come to the airport.

    According to an Israeli defence official quoted by Reuters, the attacks had been planned for months and the ⁠launch date ⁠decided ⁠weeks ago, even as the US and Iran carried out negotiations.

    Mehran Kamrava, director of the Iranian studies unit at the Arab Center for Research and Policy Studies and professor at Georgetown University in Qatar, said Israel “appears to have launched an attack designed to derail the negotiations”.

  • U.S. Officials Tour Alcatraz as Trump Pushes Plan to Reopen Island Prison

    U.S. Officials Tour Alcatraz as Trump Pushes Plan to Reopen Island Prison

    Federal prison officials visited Alcatraz last week after Donald Trump’s announcement earlier this month of plans to rebuild and reopen the infamous island prison, which has been closed for over 60 years.

    David Smith, the superintendent of the Golden Gate national recreation area (GGNRA), told the San Francisco Chronicle that officials with the Federal Bureau of Prisons are planning to return for further structural assessments.

    “They have been out here. They’ll be coming out again to do assessments of the structure,” Smith told the news outlet.

    The island facility has been closed since 1963, when then attorney general Robert F Kennedy ordered its shutdown amid high operating costs, limited space and multiple escape attempts.

    BOP director William Marshall told Fox News that engineering teams are already surveying the site. “We’ve got engineering teams out there now that are doing some assessments, and so I’m just really excited about the opportunity and possibilities,” he said.

    In recent months, the US government has moved to reopen at least five previously closed detention centers and prisons.

    Although California lawmakers have dismissed the Alcatraz proposal as a “distraction” and not a serious plan, the Trump administration is actively working – with the help of private prison companies – to reopen other facilities, some of which are already back in operation.

    Smith said he was skeptical about reopening Alcatraz, pointing to the large financial investment and legal challenges it would require.

    He said it’s “just not well-situated” for the Bureau of Prisons.

    But Marshall called the proposal “exciting” and feasible. He suggested that modern, lightweight materials could solve some of the island’s logistical challenges.

    “When you think of Alcatraz, you think of Fenway Park, Wrigley Field, Lambeau Field, those types of facilities … you just get that kind of feeling about Alcatraz when you think of those historical venues,” Marshall told Fox News’s My View with Lara Trump, Trump’s daughter-in-law.

    “And so, yeah, we absolutely think we can get it done.”

    Meanwhile, the GGNRA is undertaking seismic retrofitting projects on the island, including reinforcing the pier and stabilizing the aging cellhouse to prevent further deterioration.

  • Judge Halts Trump Administration’s Attempt to End Harvard’s Enrollment of Foreign Students

    Judge Halts Trump Administration’s Attempt to End Harvard’s Enrollment of Foreign Students

    A federal judge on Friday granted Harvard University’s emergency motion to block the Trump administration from revoking its ability to enroll international students, as litigation on the matter continues.

    In her order, U.S. District Judge Allison Burroughs said Harvard showed “it will sustain immediate and irreparable injury” if the Trump administration is allowed to implement its revocation notice before “there is an opportunity to hear from all parties.”

    The order allows Harvard to maintain its “status quo” in enrolling international students for now. Burroughs has scheduled another hearing for May 27.

    Homeland Security Secretary Kristi Noem notified Harvard a day earlier that the government would be terminating its student visa program, marking a major escalation in the administration’s pressure campaign against the Ivy League university.

    This development is extraordinary, but it does not appear out of the blue: In mid-April, while canceling nearly $3 million in DHS grants to Harvard, Noem simultaneously demanded that the university turn over records on foreign students alleged to have engaged in “illegal and violent activities.” Failure to cooperate would jeopardize Harvard’s Student and Exchange Visitor Program (SEVP) certification — which allows schools to admit international students. Evidently, Noem has now followed through on that threat.

    Harvard sued the Trump administration less than 24 hours after Noem’s revocation notice was issued.

    “The government’s action is unlawful,” the university said in a statement on Thursday, adding: “This retaliatory action threatens serious harm to the Harvard community and our country, and undermines Harvard’s academic and research mission.”

    Roughly 7,000 students across Harvard’s 13 schools are student visa holders, according to the university.

  • Boeing to Sidestep Prosecution for 737 Max Crashes Under Justice Department Deal

    Boeing to Sidestep Prosecution for 737 Max Crashes Under Justice Department Deal

    The justice department has reached a deal with Boeing that will allow the airplane giant to avoid criminal prosecution for allegedly misleading US regulators about the 737 Max jetliner before two of the planes crashed and killed 346 people, according to court papers filed on Friday.

    Under the “agreement in principle” that still needs to be finalized, Boeing would pay and invest more than $1.1bn, including an additional $445m for the crash victims’ families, the justice department said. In return, the department would dismiss the fraud charge in the criminal case against the aircraft manufacturer.

    “Ultimately, in applying the facts, the law, and Department policy, we are confident that this resolution is the most just outcome with practical benefits,” a justice department spokesperson said in a statement.

    “Nothing will diminish the victims’ losses, but this resolution holds Boeing financially accountable, provides finality and compensation for the families and makes an impact for the safety of future air travelers.”

    Many relatives of the passengers who died in the crashes, which took place off the coast of Indonesia and in Ethiopia less than five months apart in 2018 and 2019, have spent years pushing for a public trial, the prosecution of former company officials, and more severe financial punishment for Boeing.

    “Although the DOJ proposed a fine and financial restitution to the victims’ families, the families that I represent contend that it is more important for Boeing to be held accountable to the flying public,” Paul Cassell, an attorney for many of the families in the long-running case, said in a statement earlier this week.

    Boeing was accused of misleading the Federal Aviation Administration about aspects of the Max before the agency certified the plane for flight. Boeing did not tell airlines and pilots about a new software system, called MCAS, that could turn the plane’s nose down without input from pilots if a sensor detected that the plane might go into an aerodynamic stall.

    The Max planes crashed after a faulty reading from the sensor pushed the nose down and pilots were unable to regain control. After the second crash, Max jets were grounded worldwide until the company redesigned MCAS to make it less powerful and to use signals from two sensors, not just one.

    Boeing avoided prosecution in 2021 by reaching a $2.5bn settlement with the justice department that included a previous $243.6m fine.

    A year ago, prosecutors said Boeing violated the terms of the 2021 agreement by failing to make promised changes to detect and prevent violations of federal anti-fraud laws. Boeing agreed last July to plead guilty to the felony fraud charge instead of enduring a potentially lengthy public trial.

    But in December, US district judge Reed O’Connor in Fort Worth rejected the plea deal. The judge said the diversity, inclusion and equity (DEI) policies in the government and at Boeing could result in race being a factor in picking a monitor to oversee Boeing’s compliance with the agreement.

  • Republicans are concerned about the political repercussions of reducing Medicaid

    Republicans are concerned about the political repercussions of reducing Medicaid

    Republicans are backing away from broad proposals to slash federal funding to Medicaid and inching toward a more modest approach, fearful of the political risk of cutting a program that has swelled to the point thatit now insures 1 in 5 Americans.

    They are leaning toward smaller changes such as adding work requirements and extra eligibility checks — ideas more palatable to moderate and vulnerable Republicans, many of whom are loath to cut a program that covers a substantial slice of their constituents and risk a political backlash in next year’s midterm elections.

    “Obviously there would be political ramifications for something like that,” Rep. Juan Ciscomani (R-Arizona) said Thursday, referring to proposals to reduce the federal government’s Medicaid payments to states or overhaul its method for paying them. House Speaker Mike Johnson (R-Louisiana) ruled out the first option and backed away from the second one this week.

    Ciscomani, who represents a swing district where 24 percent of people are on Medicaid, said he supports work requirements, more eligibility checks and fraud-reduction efforts, but said anything more would be “very problematic for my population in Arizona, especially my district.”

    Those measures alone, however, are unlikely to add up to the $880 billion in savings Republicans are seeking from programs under the jurisdiction of the Energy and Commerce Committee as they draft the “big, beautiful bill” at the center of President Donald Trump’s agenda. How to trim spending on Medicaid has become one of the hardest debates to resolve as House Republicans rush to pass the bill by Memorial Day.

    Trump has repeatedly said the program should not be touched, and far-right influencer Laura Loomer, who often has the president’s ear, criticized the idea of Medicaid cuts on X this week.

    Johnson ruled out some cuts to the program this week after protests from House Republicans who say they will not vote for the bill if it includes them.

    “What I press leadership on a lot is my district is very reliant on [Medicaid], and when hospitals close, they don’t open back up,” said Rep. David G. Valadao (R-California), who represents a swing district where 68 percent of people are enrolled in Medicaid. “I do agree that there are areas where there’s waste, fraud and abuse. Let’s focus on that.”

    The last two times Republicans tried to cut Medicaid — in 1994 and then again as part of an Affordable Care Act repeal effort in 2017 — the efforts ultimately fizzled. The program has only grown since. Eight more states have expanded Medicaid in the years since the 2017 repeal effort,and half of House Republicans now represent districts with at least 21 percent of constituents in Medicaid, according to KFF.

    The stakes are especially high in nine states with “trigger” laws requiring them to end or change Medicaid expansion if the federal match rate drops. Three more states — Missouri, Oklahoma and South Dakota — embedded Medicaid expansion into their constitutions, making it hard for them to roll back coverage if they suddenly had to foot more of the bill on their own.

    Three Republicans facing tough races next year — Reps. Zach Nunn of Iowa, Don Bacon of Nebraska and Derrick Van Orden of Wisconsin — introduced a resolution this week that would prohibit Republicans from cutting Medicaid benefits for children, seniors, pregnant women or people with disabilities in the bill. But Bacon said Thursday that he was reassured by Johnson’s commitment not to cut Medicaid payments to states.

    Rep. Andy Harris (R-Maryland), the chairman of the hard-right House Freedom Caucus, said in a brief interview that Republicans might need to reduce that payments to states that Johnson ruled out cutting to keep the bill from adding to the deficit.

    “If we eliminate all the fraud, waste and abuse — and there’s plenty of it — we’re left with at least a 25 increase in [projected Medicaid spending] over the next 10 years,” Harris said on the House floor. “Only in Washington could anyone claim that’s a cut.”

    Any Medicaid cuts that House Republicans come up with would also have to be approved by the Senate. Sen. Thom Tillis (R-North Carolina), who is up for reelection next year in a competitive state, said he was unconcerned about potential cuts because Trump had pledged that the bill would not harm Medicaid beneficiaries. Instead, Tillis expects the bill to include work requirements and other more limited changes to the program.

    “I believe if we implement those, we’ll be doing Medicaid a service and it won’t have a political consequence,” Tillis said in a brief interview.

    Rep. Jeff Van Drew (R-New Jersey), who won reelection by 17 points last year, said he wasn’t concerned that voting for Medicaid cuts would cost him his seat — but he’s worried it could hurt Republicans’ chances of holding the House. Even Republicans who don’t represent swing districts should be concerned about cuts that could imperil the party’s majority, he said.

    Vulnerable Republicans are already facing attack ads in some districts.

    Protect Our Care, a liberal nonprofit, is spending $10 million on ads and billboards urging Republicans not to cut Medicaid, according to Brad Woodhouse, the group’s executive director. The group is working on another round of ads that will air if Republicans pass the bill.

    Woodhouse, a longtime Democratic strategist, compared this effort to Republicans’ failed attempt to repeal the Affordable Care Act, also known as Obamacare, which helped Democrats recapture the House in 2018. This time around, Republicans are considering cutting funding for Medicaid in the same bill in which they are seeking to extend tax cuts that disproportionately aid the richest Americans, he said.

    “They’re going to take health care away from poor people to pay for tax cuts for the rich,” Woodhouse said. “That’s an ad that makes itself.”

    Democrats running against vulnerable Republicans are already gearing up to talk about possible Medicaid cuts as an example of how the party in power is hurting voters on a personal level. Medicaid covers 1 in 4 births in the United States, it is the largest payer of long-term care, and it is especially critical for rural hospitals, which cover lower-income patients.

    “If these cuts go through … you may not feel the pain right now, but it is coming,” said Bob Harvie, a Democrat on the Board of Bucks County Commissioners in Pennsylvania who is challenging Rep. Brian Fitzpatrick, one of three House Republicans who represent a district that Democratic presidential nominee Kamala Harris won last year.

    For Sarah Trone Garriott, the Democratic state senator challenging Nunn in Iowa, the biggest concern may be how any funding cuts to Medicaid would affect rural hospitals, which are struggling with staffing and at risk of closure.

    “If there are cuts to Medicaid, it is going to impact everybody in my state. Rural hospitals will close,” said Trone Garriott, a Lutheran pastor who has worked as a hospital chaplain.

    Nunn said in a statement that he woulddefend Medicaid “for Iowa’s most vulnerable, and fight the fraud & abuse hurting all Americans.”

    “Iowa’s rural hospitals are lifelines that must be protected,” Nunn said.

    Rep. Richard Hudson (R-North Carolina), chairman of the National Republican Congressional Committee, accused Democrats of misrepresenting what the bill would do. He predicted that the Medicaid changes being discussed would be popular and said he was encouraging Republicans to campaign on them.

    “The Democrats are killing Medicaid by loading it with illegals and able-bodied adults who don’t qualify,” Hudson said, describing the message he is giving Republicans.

    Republicans such as Rep. Darrell Issa (California) have presented the proposed changes as a return to Medicaid the way it was under former presidentBill Clinton — before the Affordable Care Act expanded it to cover people up to 133 percent of the federal poverty level.

    “The wrongful inclusion of significant numbers of people, including undocumented people, including people who are not entitled and including able-bodied men who aren’t looking for jobs — those are not cuts to Medicaid, those are a return to the sanity of Bill Clinton,” Issa said Thursday.

    Undocumented immigrants aren’t allowed to enroll in Medicaid, and there are no reliable estimates of fraud in the program.

    Republicans started running ads this week defending more than a dozen incumbents who represent swing districts. American Action Network, a conservative nonprofit organization, is spending $7 million on ads praising House Republicans for “supporting President Trump’s common sense reforms to root out waste, fraud and abuse.”

  • The Supreme Court permitted the Trump administration’s ban on transgender troops to be enforced while legal challenges continued

    The Supreme Court permitted the Trump administration’s ban on transgender troops to be enforced while legal challenges continued

    The Supreme Court ruled on Tuesday that the Trump administration may start enforcing a ban on transgender troops serving in the military that had been blocked by lower courts.

    The ruling was brief, unsigned and gave no reasons, which is typical when the justices act on emergency applications. It will remain in place while challenges to the ban move forward.

    The court’s three liberal members — Justices Sonia Sotomayor, Elena Kagan and Ketanji Brown Jackson — noted dissents but provided no reasoning.

    The case concerns an executive order issued on the first day of President Trump’s second term. It revoked an order from President Joseph R. Biden Jr. that had let transgender service members serve openly.

    A week later, Mr. Trump issued a second order saying that “adoption of a gender identity inconsistent with an individual’s sex conflicts with a soldier’s commitment to an honorable, truthful and disciplined lifestyle.”

    The Defense Department implemented Mr. Trump’s order in February, issuing a new policy requiring transgender troops to be forced out of the military. According to officials there, about 4,200 current service members, or about 0.2 percent of the military, are transgender.

    The Supreme Court’s order came against the backdrop of the Trump administration’s broad attacks on transgender rights. The administration has sought to bar transgender athletes from sports competitions. It has tried to force transgender people to use bathrooms designated for their sex assigned at birth. And it has objected to letting people choose their pronouns.

    The justices will soon decide the fate of a Tennessee law that bans transition care for transgender youths, challenged in a case brought by the Biden administration. The Trump administration flipped the government’s position in that case in February, after an executive order directed agencies to take steps to curtail surgeries, hormone therapy and other gender transition care for people under 19 years old.

    In the case decided on Tuesday, seven active service members, as well as a person who sought to join and an advocacy group, sued to block the policy, saying, among other things, that it ran afoul of the Constitution’s equal protection clause.

    One of the plaintiffs, Cmdr. Emily Shilling, who began transitioning in 2021 while serving in the Navy, has been a naval aviator for 19 years, flying more than 60 combat missions, including in Iraq and Afghanistan. Her lawyers said the Navy had spent $20 million on her training.

    In March, Judge Benjamin H. Settle of the Federal District Court in Tacoma, Wash., issued a nationwide injunction blocking the ban, using Commander Shilling as an example of the policy’s flaws.

    “There is no claim and no evidence that she is now, or ever was, a detriment to her unit’s cohesion, or to the military’s lethality or readiness, or that she is mentally or physically unable to continue her service,” Judge Settle wrote. “There is no claim and no evidence that Shilling herself is dishonest or selfish, or that she lacks humility or integrity. Yet absent an injunction, she will be promptly discharged solely because she is transgender.”

    Judge Settle, who was appointed by President George W. Bush, wrote that the government had failed to show that the ban was “substantially related to achieving unit cohesion, good order or discipline.”

    “Although the court gives deference to military decision-making,” the judge added, “it would be an abdication to ignore the government’s flat failure to address plaintiffs’ uncontroverted evidence that years of open transgender service promoted these objectives.”

    The U. S. Court of Appeals for the Ninth Circuit refused to blockJudge Settle’s ruling while it considered the administration’s appeal.

    The administration then sought emergency relief from the Supreme Court, saying that “the district court’s injunction cannot be squared with the substantial deference that the department’s professional military judgments are owed.”

    At a minimum, the government said the Supreme Court should limit Judge Settle’s ruling to the plaintiffs in the case and lift the balance of the nationwide injunction.

    The court opted for the broader approach, pausing the injunction entirely. Lawyers for the challengers reacted with dismay.

    “Today’s Supreme Court ruling is a devastating blow to transgender service members who have demonstrated their capabilities and commitment to our nation’s defense,” said a statement from Lambda Legal and the Human Rights Campaign Foundation.

    Judge Settle’s ruling followed a similar one from Judge Ana C. Reyes of the Federal District Court in Washington. “The law does not demand that the court rubber-stamp illogical judgments based on conjecture,” wrote Judge Reyes, who was appointed by Mr. Biden.

    The District of Columbia Circuit entered an “administrative stay,”saying the brief pause in enforcing Judge Reyes’s ruling “should not be construed in any way as a ruling on the merits.” That court is expected to rule shortly on the government’s request that it block Judge Reyes’s ruling while the appeal proceeds.

    Early in his first term, Mr. Trump announced a transgender ban on Twitter, but two federal judges blocked the policy.

    The Supreme Court lifted those injunctions in 2019 by a 5-to-4 vote, allowing a revised ban to take effect while legal challenges moved forward. The cases were dropped after Mr. Trump left office and Mr. Biden rescinded the ban.

    In its emergency application, the administration said the policy on transgender troops that the justices had allowed in 2019 was materially identical to the new one.

    The challengers disputed that, saying the earlier policy allowed active-duty service members who had transitioned to remain in the armed forces, which Mr. Trump’s new policy does not. They added that the earlier policy “lacked the animus-laden language” of the new one, which they said disparaged “transgender people as inherently untruthful, undisciplined, dishonorable, selfish, arrogant and incapable of meeting the rigorous standards of military service.”

  • Donald Trump’s preferred choice to head the Fed was banker Kevin Warsh

    Donald Trump’s preferred choice to head the Fed was banker Kevin Warsh

    Kevin Warsh was sitting in the East Room of the White House when President Donald Trump took a beat to praise the former central banker. At the January 2020 signing ceremony, Trump turned to the former Federal Reserve governor — a finalist for the central bank’s top job a couple of years earlier — and delivered an unscripted aside.

    “I would have been very happy with you,” Trump said, singling out Warsh. “I could have used you a little bit here. Why weren’t you more forceful when you wanted that job?”

    It was yet another implicit swipe at Jerome H. Powell, the Fed chair Trump had ultimately selected in late 2017 but soon soured on — and a revealing moment for Warsh, whose close ties to Republican economic circles have long kept him in the conversation for top policymaking roles.

    Now, with about a year remaining of Powell’s term as chair, Warsh is once again seen as a leading contender to run the central bank. The banker had previously served on the seven-member Fed board from 2006 to 2011, becoming, at 35, the youngest governor in its history.

    Warsh has long been viewed by Wall Street as a strong contender to succeed Powell, whose policies he has criticized. Warsh was also briefly under consideration to become Trump’s compromise pick to run the Treasury Department amid infighting for the job between Wall Street financier Scott Bessent and brokerage executive Howard Lutnick last fall. Bessent, who ultimately became treasury secretary, told Bloomberg last month that White House officials will start interviewing for the Fed job later this fall.

    If nominated, Warsh could face questions about his long-standing, hawkish views over inflation and the significant expansion of the Fed’s balance sheet. He has argued that the Fed’s extended reliance on low interest rates and large-scale asset purchases has blurred the line between monetary and fiscal policy, encouraging unsustainable levels of government spending. That view could put him at odds with a White House eager to spur faster growth and looser monetary policy to juice the economy.

    Still, some Fed watchers see Warsh as a more plausible option compared with some of the people Trump considered for the central bank during his first term. Economics commentator Judy Shelton and the late Herman Cain — a former GOP presidential candidate and restaurant executive — failed to get on the Fed board when it was clear a significant number of Republican senators wouldn’t support them. Cain wasn’t even nominated.

    Others expected to be in the mix include Kevin Hassett, who heads the White House National Economic Council, and Bessent, a former hedge-fund executive. Fed governor Christopher Waller is also seen by Fed watchers as a possible pick.

    Warsh has been out of government for nearly 15 years, some critics said, which could put him at a disadvantage with other officials vying to succeed Powell. Neil Dutta of Renaissance Macro Research noted that Powell and his immediate predecessors, Janet L. Yellen and Ben S. Bernanke, were elevated to the top job from senior roles within the central bank.

    “He hasn’t been anywhere close to making decisions on matters of monetary policy in a long time. All he does is criticize decisions after they are made,” Dutta said.

    White House spokesman Kush Desai said any discussion about potential personnel and nomination decisions that have not been officially announced by the White House is “pure speculation.”

    Trump has said he doesn’t intend to fire Powell, despite repeatedly criticizing the Fed leader for not lowering interest rates to soften the effects of his disruptive trade policies. Still, it’s unclear when Trump will actually be able to replace Powell. His term as chair runs until May 2026, but he can stay on the Fed’s board as a governor until January 2028. Powell hasn’t said whether he’ll step down immediately once his term as chair ends. The earliest chance Trump has to install a new Fed governor may not come until January, when Adriana Kugler’s term expires.

    Warsh began his career in 1995 at Morgan Stanley, where he worked as a mergers and acquisitions banker. He joined the George W. Bush administration in 2002 as an economic adviser, and four years later was appointed to the Fed. There, he served as a liaison between the central bank and Wall Street during the 2008 financial crisis, before stepping down in 2011.

    In a speech last week on the sidelines of the spring meetings of the International Monetary Fund and World Bank in Washington, Warsh criticized the Fed for “systematic errors” that allowed inflation to surge coming out of the pandemic. The Fed’s inability to control inflation, along with what he described as its efforts to cater to political issues such as climate change, had contributed to the challenges to its independence from the president.

    “The Fed’s current wounds are largely self-inflicted,” Warsh said at an event hosted by the Group of Thirty, an independent global body that includes prominent economic leaders and policymakers. He characterized his lecture as a “love letter” to the Fed but said its officials should be subjected to “serious questioning, strong oversight, and, when they err, opprobrium.”

    Warsh said that the Fed should narrow its focus but could have been more outspoken about the risks of large federal deficits, which he blamed the central bank for helping to facilitate through the growth of its balance sheet since the 2008 financial crisis.

    He said he supported the Fed’s initial bond-buying stimulus push — helping to pull the economy out of a sharp, crisis-triggered downturn — but he took issue with the Fed continuing those efforts in the years after the crisis.

    Congress found it considerably easier appropriating money knowing that the government’s financing costs were effectively subsidized by the central bank, Warsh said. Other Fed watchers say the lackluster economic recovery, featuring high unemployment and below-target inflation, necessitated looser monetary policy for longer.

    Warsh is married to Estée Lauder heiress Jane Lauder. Since leaving the Fed, he has been a lecturer at the Stanford Graduate School of Business, a scholar at the conservative Hoover Institution and a business partner of investor Stanley Druckenmiller.

    Warsh’s ties to Republican circles are extensive. His father-in-law, billionaire cosmetic heir Ronald Lauder, is also a Trump ally who first floated the idea of the United States buying Greenland during the first term.

  • Arrest warrant issued in Bangladesh for UK MP Tulip Siddiq

    Arrest warrant issued in Bangladesh for UK MP Tulip Siddiq

    An arrest warrant for the former City minister Tulip Siddiq has been issued in Bangladesh with a new allegation accusing her of illegally receiving a plot of land from her aunt, the ousted former prime minister Sheikh Hasina.

    Bangladeshi media reported the warrant was issued by a judge for 53 people connected to Hasina, including Siddiq. There is no formal extradition treaty between the UK and Bangladesh.

    Siddiq’s representative said there was “no basis at all for any charges to be made against her, and there is absolutely no truth in any allegation that she received a plot of land in Dhaka through illegal means”.

    The MP for Hampstead and Highgate has denied allegations of corruptionlinked to her aunt’s collapsed regime and accused the Bangladeshi authorities of a “targeted and baseless” campaign against her.

    Siddiq resigned in January as economic secretary to the Treasury, citing the risk of becoming a distraction and saying the government was being harmed by the furore over her use of properties given to herself and her family by allies of the regime of Hasina.

    She was not deemed by Keir Starmer’s ethics adviser to have broken any rules over her use of the homes and he found no evidence to suggest that any of Siddiq’s assets were derived from anything other than legitimate means.

    But Laurie Magnus did find a lack of records and said lapse of time meant he had “not been able to obtain comprehensive comfort in relation to all the UK property-related matters”.

    A Conservative party spokesperson said: “If it is the case that Keir Starmer’s choice for anti-corruption minister is the subject of an international arrest warrant for corruption, she should immediately stand down as Labour MP.

    “It is shocking that Keir Starmer believes ‘the door remains open’ for Ms Siddiq returning to a government position. Keir Starmer must put his close friendship and association with Ms Siddiq aside and take the action he should have months ago.”

    Bangladesh’s anti-corruption commission (ACC) has alleged that Siddiq, 42, received a 670 sq metre plot in the diplomatic zone of the capital, Dhaka, through ties to the former rulers, according to the Sunday Telegraph.

    The allegation is that Siddiq persuaded her aunt to allocate three plots of land in the exclusive enclave for her family members, including her mother, Sheikh Rehana, her brother Radwan and her younger sister Azmina. The family are all based in Britain.

    The ACC chair, Mohammad Abdul Momen, previously told the BBC the investigations in Bangladesh were “based on documentary evidence of corruption” and Siddiq should return to fight her case in Bangladesh.

    In a statement made through her lawyers, Siddiq’s representatives said: “The ACC has made various allegations against Ms Siddiq through the media in the last few months. The allegations are completely false and have been dealt with in writing by Ms Siddiq’s lawyers.

    “The ACC has not responded to Ms Siddiq or put any allegations to her directly or through her lawyers. Ms Siddiq knows nothing about a hearing in Dhaka relating to her and she has no knowledge of any arrest warrant that is said to have been issued.

    “To be clear, there is no basis at all for any charges to be made against her, and there is absolutely no truth in any allegation that she received a plot of land in Dhaka through illegal means.

    “She has never had a plot of land in Bangladesh and she has never influenced any allocation of plots of land to her family members or anyone else.

    “No evidence has been provided by the ACC to support this or any other allegation made against Ms Siddiq and it is clear to us that the charges are politically motivated.”

  • DOGE still has a long way to go to reach its goal, and it’s not being honest about how much it has actually done.

    DOGE still has a long way to go to reach its goal, and it’s not being honest about how much it has actually done.

    Last week, Elon Musk indicated for the first time that his Department of Government Efficiency was falling short of its goal.

    He previously said his powerful budget-cutting team could reduce the next fiscal year’s federal budget by $1 trillion, and do it by Sept. 30, the end of the current fiscal year. Instead, in a cabinet meeting on Thursday, Mr. Musk said that he anticipated the group would save about $150 billion, 85 percent less than its objective.

    Even that figure may be too high, according to a New York Times analysis of DOGE’s claims.

    That’s because, when Mr. Musk’s group tallies up its savings so far, it inflates its progress by including billion-dollar errors, by counting spending that will not happen in the next fiscal year — and by making guesses about spending that might not happen at all.

    One of the group’s largest claims, in fact, involves canceling a contract that did not exist. Although the government says it had merely asked for proposals in that case, and had not settled on a vendor or a price, Mr. Musk’s group ignored that uncertainty and assigned itself a large and very specific amount of credit for canceling it.

    It said it had saved exactly $318,310,328.30.

    Mr. Musk’s group has now triggered mass firings across the government, and sharp cutbacks in humanitarian aid around the world. Mr. Musk has justified those disruptions with two promises: that the group would be transparent, and that it would achieve budget cuts that others called impossible.

    Now, watching the group pare back its aims and puff up its progress, some of its allies have grown doubtful about both.

    “They’re just spinning their wheels, citing in many cases overstated or fake savings,” said Romina Boccia, the director of budget and entitlement policy at the libertarian Cato Institute. “What’s most frustrating is that we agree with their goals. But we’re watching them flail at achieving them.”

    Mr. Musk’s group did not respond to questions about its claims sent via X, his social-media platform. Mr. Musk previously acknowledged the group might make errors but said they would be corrected.

    The White House press office defended the team, saying it had compiled “massive accomplishments,” but declined to address specific instances where the group seemed to have inflated its progress.

    Mr. Musk actually promised an even larger reduction last year. When he was Mr. Trump’s most prominent supporter on the campaign trail, he said he could cut $2 trillion from a federal budget of about $7 trillion. After Mr. Trump was elected and Mr. Musk’s group began its work, Mr. Musk lowered that goal to $1 trillion.

    Even after Mr. Musk’s comments in Thursday’s cabinet meeting, a White House official indicated that this target had not changed.

    Budget analysts had been deeply skeptical of these claims, saying it would be difficult to cut that much without disrupting government services even further, or drastically altering popular benefit programs like Medicare and Social Security.

    Mr. Musk’s group has provided an online ledger of its budget cuts, which it calls the “Wall of Receipts.” The site was last updated on Tuesday, to show an “estimated savings” of $150 billion.

    The ledger is riddled with omissions and flaws.

    While Mr. Musk said on Thursday that his group would save $150 billion in fiscal 2026 alone, the website does not say explicitly when its savings would be realized. The site also gives no identifying details about $92 billion of its claimed savings, which is more than 60 percent of the total.

    The rest of the savings are itemized, attributed to cancellations of specific federal grants, contracts or office leases. But these detailed listings have been plagued with data errors, which have inflated the group’s savings by billions.

    DOGE Savings Chart
    DOGE’s $150 Billion in Claimed Savings Is Short on Detail
    On its website, the Department of Government Efficiency claims to have saved $150 billion in federal spending. As of early April, however, it has provided receipt-level breakdowns for less than 40 percent of that amount.
    Source: DOGE · By The New York Budgets

    Mr. Musk’s group has deleted some of its original errors, like entries that triple-counted the same savings, a claim that confused “billion” with “million,” and items that claimed credit for canceling contracts that ended when George W. Bush was president.

    Still, some expensive mistakes remain.

    The second-largest savings that the group lists on its site comes from a canceled I.R.S. contract that DOGE says saved $1.9 billion. But the contract it cites was actually canceled when Joseph R. Biden Jr. was president. The third-largest savings that the group claims comes from a canceled grant to a vaccine nonprofit. Mr. Musk’s group says that saved $1.75 billion. But the nonprofit said it had actually been paid in full, so the savings was $0.

    In other cases, the itemized claims include “savings” that would not happen in fiscal 2026 — or might not happen at all.

    They start with the largest single savings on the group’s website. Mr. Musk’s team says it saved $2.9 billion by canceling a contract for a huge shelter in West Texas to house migrant children who crossed the border alone.

    That figure is pumped up by assuming things that might never happen, according to a New York Times analysis of federal contracting data and interviews with people familiar with that contract who spoke on condition of anonymity because they were not permitted to discuss it with members of the media.

    One assumption was that the government was going to renew the contract every year for three more years. Another was that the shelter was going to hold hundreds of children every day from 2023 to 2028, triggering a higher payment rate.

    Both of those assumptions seem less than guaranteed, given that the number of unaccompanied child migrants began falling last year. Around the country, shelters like this had emptied out even before Mr. Trump took office.

    The Texas shelter had been empty since March 2024. The government paid a lower rate of $18 million per month to keep it on standby, compared to $55 million per month if the facility had been full, people familiar with the contract said.

    By canceling the contract, the government did save the cost of keeping the facility ready until it expired later this year. But only a fraction of that money — about $27 million — would count as savings in fiscal 2026. That was about 1 percent of the savings that Mr. Musk’s group had claimed.

    Nat Malkus, a senior fellow at the conservative American Enterprise Institute, said this approach — casting uncertain events as certain — was common in the data published by Mr. Musk’s group.

    “It’s like if your kid drops out of college, and you tell your wife, ‘Whoa, we saved money on medical school!’ Well, that doesn’t make any sense, but that’s the same idea,” Mr. Malkus said. “How do you call it savings?”

    In another example, Mr. Musk’s group said it had saved $285 million by canceling a contract with a South Dakota company, Project Solutions Inc., to perform safety inspections in federally subsidized apartment buildings.

    But that presumed the government would spend money it had not promised to spend.

    Robin Miller, a Project Solutions manager, said that the higher figure was calculated using a “ceiling value” — the maximum amount that the government could pay. In reality, she said, the government had agreed to pay only $29 million, of which $1.8 million had been disbursed, and another $3 million was owed for completed work.

    Ms. Miller said her company supported Mr. Musk’s mission, but his group had its facts wrong in this case.

    “If it’s not going to be used, it wasn’t truly money saved,” she said. In any event, she said, there would not have been much savings in the period Mr. Musk was focused on: The contract would end on Oct. 3, 2025, just three days into the next fiscal year.

    Mr. Musk’s group also claimed credit for canceling a contract that was not a contract at all.

    It involved a request for proposal that the Office of Personnel Management had published, seeking bids for help with human-resources work.

    When announcing these requests, government agencies describe the work they want done. Contractors submit proposals, with both a plan and a price. The government can choose one vendor, or several. Even after that, it often negotiates with them to push the price below their original bids.

    Details about this particular request were scarce: Mr. Musk’s group provided a tracking number for the request, 47QFEA24K0008. But The New York Times was not able to find that number in databases of previous government solicitations. The Office of Personnel Management declined to release the request, or say what it had planned to spend on the contract, nor would the office say when it planned to choose a contractor.

    Despite that uncertainty, Mr. Musk’s calculated the savings involved in that cancellation down to the cent. (It later rounded the claim to an even dollar: $318,310,328.)

    “Garbage,” said Steven L. Schooner, a professor who studies federal contracting at George Washington University.

    He said it was far too early to know for sure what the government was going to spend — especially in the year that Mr. Musk had targeted. What if the bidders competed to drive the price lower? What if a losing bidder protested, and then the whole thing got canceled?

    “You don’t know what’s going to happen,” Mr. Schooner said. “It’s silly.”

  • ‘Keep your head’ if you’re spooked by tariffs: Warren Buffett once suggested reading a 19th century poem when stocks fall

    ‘Keep your head’ if you’re spooked by tariffs: Warren Buffett once suggested reading a 19th century poem when stocks fall

    Stock prices fell sharply on Thursday after President Donald Trump the day before announced sweeping tariffs of 10% on all U.S. trading partners and higher levies on countries with which the U.S. has a trade deficit.

    With Thursday’s decline, the S&P 500 — a proxy for the broad U.S. stock market — has now slid more than 11% from its record high in February, putting the index in correction territory, defined as a drop of 10% or more from recent highs.

    Investors and economists alike fear that Trump’s tariff policies could ignite a trade war with the nation’s trading partners and push inflation higher, two factors that could push the U.S. toward an economic slowdown. Should a recession become imminent, markets could sell off — and quickly. 

    Over the years, Berkshire Hathaway chairman and investing legend Warren Buffett has recommended staying calm in times of volatility. 

    In his 2017 letter to shareholders, Buffett wrote: “There is simply no telling how far stocks can fall in a short period.” But should a major decline occur, he continued, “heed these lines” from Rudyard Kipling’s classic poem “If,” circa 1895.

    “If you can keep your head when all about you are losing theirs … If you can wait and not be tired by waiting … If you can think — and not make thoughts your aim … If you can trust yourself when all men doubt you … Yours is the Earth and everything that’s in it.”

    Why keeping your cool pays off

    It’s worth noting that Buffett was writing about major declines in the stock market, such as periods like the 2007 to 2009 bear market during which the S&P 500 lost more than 50% of its value.

    Those are quite a bit rarer than what’s happening now. In fact, corrections in the stock market are pretty standard fare. There have been 21 declines of 10% or more in the S&P 500 since 1980, with an average intra-year drawdown of 14%, according to Baird Private Wealth Management.

    Of course, investors often don’t know if things are going to go from bad to worse until they do.

    “No one can tell you when these will happen,” Buffett wrote in 2017. “The light can at any time go from green to red without pausing at yellow.”

    The light can at any time go from green to red without pausing at yellow.

    Warren Buffett

    But whether a decline is modest and short-lived or seemingly long and painful, the message to individual investors is the same: Stick to your long-term plans and continue investing.

    Buffett writes that he views downturns as “extraordinary opportunities.” Why? Because, historically, it’s never been all that long before the market resumes its upward trajectory.

    Since 1928, the average bear market — defined by a decline of 20% or more from recent highs — has lasted less than 10 months, according to data from Hartford Funds. In the scope of the several decades you likely plan on investing, that’s practically no time at all.

    And even if living through it can be scary, keep your eyes on the prize: your long-term goals. By continuing to consistently invest as the market declines, you effectively buy stocks when they’re selling at a discount. As long as you take a well-diversified approach to investing, you’ll get a better and better deal the further stock prices fall.

    As Kipling says, keep your head, ignore breathless headlines and keep doing your thing. Will the Earth and everything in it be yours? Maybe not — but you’ll likely do a good job of boosting your long-term wealth.

    The whole attitude recalls another quote of Buffett’s, about taking advantage of bargain-priced investments, this time from his 2009 shareholder letter: “Big opportunities come infrequently. When it’s raining gold, reach for a bucket, not a thimble.”