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   U.S. enters second day of strikes against Iran
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   Plus: Ceasefire talks falter, and Bernanke joins Anthropic's oversight trust
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         Thursday, July 9, 2026
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          U.S. strikes Iranian ports for second straight day, targeting Hormuz threat
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          The Pentagon confirmed a second consecutive night of 
strikes against military sites in Iran on Wednesday, with Iranian state media reporting explosions at three port cities along the country's southeastern coast. U.S. Central Command said the attacks were aimed at undermining Iran's ability to threaten shipping in the Strait of Hormuz, the chokepoint through which a significant share of global energy supplies flows, and called them retaliation for "recent unjustified aggression against commercial shipping and civilian crews."
         </p>
         <p style="margin:12px 0 0;">
          President Trump, speaking at the NATO 
summit in Ankara, Turkey, declared the three-week-old ceasefire over and said the U.S. would hit Iran "hard," while adding he did not expect a return to full-scale war. Later, he posted on social media that if Iran attacked ships again, "it will get much worse." Aboard Air Force One on the return to Washington, Trump said Iran had reached out and "wants to make a deal so badly," but he expressed doubt about their reliability as a negotiating partner.
         </p>
         <p style="margin:12px 0 0;">
          For markets, the Hormuz angle is the one to watch. Roughly 20 
percent of globally traded oil passes through the strait, and any sustained disruption to commercial navigation there carries direct implications for energy prices, insurance costs, and supply chains. Investors should track whether Iran's shipping attacks escalate or whether back-channel diplomacy produces a framework before further strikes are ordered.
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         Iran &amp; the Strait
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        <h3 style="margin:0 0 8px;font-family:Helvetica, Arial, sans-serif;font-size:24px;line-height:1.3;color:#0b1f3a;text-align:left;">
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          Trump's Hormuz problem is partly of his own making
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          With the 
ceasefire collapsed and U.S. strikes back underway, President Trump has escalated his rhetoric against Iran's leaders while insisting diplomacy remains possible. But Bloomberg Opinion columnist Marc Champion argues that Trump's predicament in the Strait of Hormuz is not simply a product of Iranian aggression. Stuck in a war he and Israeli Prime Minister Benjamin Netanyahu chose to start, Trump now dismisses further diplomacy as pointless even as Iran has sought to extend control over the critical waterway. The deeper problem, Champion writes, 
is that Trump's troubles and those of America's Gulf allies trace back to his own falsehoods. For executives and investors exposed to energy markets and regional shipping, the implication is sobering: the path to stable Hormuz transit may be blocked as much by political miscalculation in Washington as by Iranian pressure.
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#1a2d47; text-decoration: none; font-weight: 600; font-size: 14px;">
          Read more at Bloomberg ›
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          Oman breaks with Iran, opposes Hormuz transit fees at UN body
         </a>
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         <p style="margin:0;">
          Oman told the International Maritime Organization it does not 
support imposing transit fees on vessels passing through the Strait of Hormuz, putting the sultanate at odds with Iran, which has been pushing to charge commercial ships for navigation rights. Oman cited international law guaranteeing the right of transit passage through straits used for international navigation. The statement matters for shipping and energy markets because Oman, which borders the strait, carries significant diplomatic weight in the Gulf and its position could complicate Iran's ability to build regional support for the fee 
regime.
         </p>
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        <div style="padding:8px 0 0;text-align:left;">
         <a style="color: #1a2d47; text-decoration: none; font-weight: 600; font-size: 14px;">
          Read more at Bloomberg ›
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          Joe Rogan breaks with Trump on Iran war, echoing broader populist discontent
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          Podcaster Joe Rogan said on his Wednesday show that the U.S. may have "f***ed it up" 
by going to war with Iran, joining conservative commentators Tucker Carlson, Megyn Kelly, and Matt Walsh in criticizing the campaign. Rogan said Trump was elected in part on an anti-war platform and that most Americans, and most conservatives, did not want another conflict. The break from the right-leaning media ecosystem that broadly supported Trump signals a political cost to the Iran campaign that could become relevant as midterm elections approach and energy price volatility remains a live issue for voters.
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0 0;text-align:left;">
         <a style="color: #1a2d47; text-decoration: none; font-weight: 600; font-size: 14px;">
          Read more at The Hill ›
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          Trump threatens more Iran strikes after declaring ceasefire over
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          President Trump declared the ceasefire with Iran finished and threatened additional hard strikes in response to Iranian attacks
on commercial shipping in the Strait of Hormuz. Trump made the remarks at the NATO summit in Ankara, where alliance leaders also noted that European members are taking on greater responsibility for their own defense. For businesses reliant on Middle East energy routes, the end of the ceasefire removes a key period of relative stability and raises the prospect of further disruption to freight and oil flows through the strait.
         </p>
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         <a style="color: #1a2d47; text-decoration: none; font-weight: 600; font-size: 14px;">
          Read more at BBC News ›
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         <a style="color: #0b1f3a; text-decoration: none;">
          Trump offers Ukraine Patriot production license, but delivery could take years
         </a>
        </h4>
        <div style="font-size:16px;line-height:1.6;color:#1a1a1a;text-align:left;">
         <p style="margin:0;">
          President Trump announced at the NATO summit in Ankara that the U.S. would 
license Ukraine to domestically produce Patriot air-defense systems, the only effective Ukrainian counter to Russian ballistic missiles. Ukrainians greeted the announcement with cautious skepticism, noting that licensing does not equal immediate delivery and that production capacity would take months or years to develop. For defense contractors and investors watching the Ukraine conflict, the move signals a longer-term U.S. commitment to Ukrainian defense self-sufficiency, though near-term battlefield impact remains limited by the shortage of 
interceptor missiles already in the field.
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        <div style="padding:8px 0 0;text-align:left;">
         <a style="color: #1a2d47; text-decoration: none; font-weight: 600; font-size: 14px;">
          Read more at The New York Times ›
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          Former NATO ambassador Nicholas Burns weighs in on Iran strikes and alliance dynamics
         </a>
        </h4>
        <div style="font-size:16px;line-height:1.6;color:#1a1a1a;text-align:left;">
         <p style="margin:0;">
          Former U.S. Ambassador to NATO Nicholas Burns spoke 
with NPR about the resumed U.S. military strikes on Iran and the outcomes of the NATO summit in Ankara. Burns's perspective as a former senior diplomat offers a lens on how the administration's Iran escalation intersects with alliance cohesion at a moment when European members are being pressed to shoulder more of their own defense burden. The conversation provides context for business leaders tracking the diplomatic and security environment shaping U.S. foreign policy decisions.
         </p>
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         <a style="color: #1a2d47; text-decoration: none; font-weight: 600; font-size: 14px;">
          Read more at NPR ›
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         AI &amp; Energy
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       </td>
      </tr>
      <tr>
       <td style="padding:12px 24px 12px;">
        <h3 style="margin:0 0 8px;font-family:Helvetica, Arial, sans-serif;font-size:24px;line-height:1.3;color:#0b1f3a;text-align:left;">
         <a style="color: #0b1f3a; text-decoration: none;">
          OpenAI launches GPT-5.6 Sol publicly after initial government scrutiny
         </a>
        </h3>
        <div style="font-size:17px;line-height:1.6;color:#1a1a1a;text-align:left;">
         <p style="margin:0;">
          OpenAI launched 
GPT-5.6 Sol publicly on Thursday, two weeks after the Trump administration asked the company to restrict access to government-approved partners. The model is designed for high-capability computer security and hacking applications, which had prompted unusual White House involvement in its rollout. OpenAI said the government raised no objections to the public launch. A White House official, speaking anonymously, clarified that all engagement with AI companies is voluntary and that the administration is "not proactively restricting model 
launches." The episode reveals the emerging and still-unsettled dynamic between the administration and frontier AI developers: Washington is asserting influence without codifying formal authority, a posture that creates regulatory uncertainty for AI companies and their enterprise customers.
         </p>
        </div>
        <div style="padding:8px 0 0;text-align:left;">
         <a style="color: #1a2d47; text-decoration: none; font-weight: 600; 
font-size: 14px;">
          Read more at The Washington Post ›
         </a>
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      </tr>
      <tr>
       <td style="padding:0 24px;">
        <div style="border-top:1px solid #e3e6eb;line-height:1px;font-size:1px;">
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       <td style="padding:12px 24px 12px;">
        <h4 style="margin:0 0 6px;font-size:19px;line-height:1.35;color:#0b1f3a;text-align:left;">
         <a style="color: #0b1f3a; text-decoration: none;">
          Ben Bernanke joins Anthropic's independent oversight board
         </a>
        </h4>
        <div style="font-size:16px;line-height:1.6;color:#1a1a1a;text-align:left;">
         <p style="margin:0;">
          Anthropic has appointed former Federal Reserve Chairman Ben 
Bernanke to its Long-Term Benefit Trust, an independent oversight body that holds power to appoint and remove a majority of the AI startup's corporate board members and has no financial stake in the company. Bernanke, a Nobel laureate who guided the Fed through the 2008 financial crisis, joins three other independent members on the trust. The appointment of a figure with Bernanke's institutional credibility signals Anthropic's effort to bolster governance legitimacy at a time of intensifying regulatory scrutiny of advanced AI 
models.
         </p>
        </div>
        <div style="padding:8px 0 0;text-align:left;">
         <a style="color: #1a2d47; text-decoration: none; font-weight: 600; font-size: 14px;">
          Read more at Reuters ›
         </a>
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       </td>
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       <td style="padding:0 24px;">
        <div style="border-top:1px solid #e3e6eb;line-height:1px;font-size:1px;">
        </div>
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       <td style="padding:12px 24px 12px;">
        <h4 style="margin:0 0 6px;font-size:19px;line-height:1.35;color:#0b1f3a;text-align:left;">
         <a style="color: #0b1f3a; text-decoration: none;">
          Democrats split on data center regulation ahead of midterms
         </a>
        </h4>
        <div style="font-size:16px;line-height:1.6;color:#1a1a1a;text-align:left;">
         <p style="margin:0;">
          Democrats agree that data centers pose a problem for electricity costs and climate goals but 
cannot agree on a remedy. Rep. Frank Pallone, the top Democrat on the House Energy and Commerce Committee, has called for a moratorium on data center construction, a position party leaders have declined to embrace. At least two Democratic-controlled state legislatures have passed moratoria, but one was vetoed and one awaits a governor's signature. With AI-driven demand for power accelerating and consumer energy affordability emerging as a midterm issue, the intraparty rift creates policy uncertainty for data center developers and the utilities 
supplying them.
         </p>
        </div>
        <div style="padding:8px 0 0;text-align:left;">
         <a style="color: #1a2d47; text-decoration: none; font-weight: 600; font-size: 14px;">
          Read more at The Hill ›
         </a>
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        <h4 style="margin:0 0 6px;font-size:19px;line-height:1.35;color:#0b1f3a;text-align:left;">
         <a style="color: #0b1f3a; text-decoration: none;">
          AI industry PACs pour $44 million into Congress races to shape regulation
         </a>
        </h4>
        <div style="font-size:16px;line-height:1.6;color:#1a1a1a;text-align:left;">
         <p style="margin:0;">
          The two largest AI political action committees have spent at least $44 million on 40 House and 
Senate candidates through the end of June, part of a total fundraising haul exceeding $200 million, according to Federal Election Commission data. The spending is aimed at influencing the first national AI legislation as Congress debates how to regulate powerful models. While a final bill is unlikely this year, both parties have flagged AI as a continuing priority, and the industry's growing financial footprint in Washington is positioning it to shape whatever framework emerges.
         </p>
        </div>
        <div style="padding:8px 0 0;text-align:left;">
         <a style="color: #1a2d47; text-decoration: none; font-weight: 600; font-size: 14px;">
          Read more at CNBC ›
         </a>
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        <h4 style="margin:0 0 6px;font-size:19px;line-height:1.35;color:#0b1f3a;text-align:left;">
         <a style="color: #0b1f3a; text-decoration: none;">
          Trump's nuclear power push gains momentum but faces vast execution gap
         </a>
        </h4>
        <div style="font-size:16px;line-height:1.6;color:#1a1a1a;text-align:left;">
         <p style="margin:0;">
          President Trump wants to quadruple U.S. nuclear power output by 2050, a goal that would 
require building roughly 100 times more capacity over the next 25 years than was built in the past 25. A series of recent government announcements have moved the country incrementally toward that target. Nuclear has bipartisan congressional support and backing from many climate experts, but critics argue costs and safety risks remain prohibitive. Analysts warn that announcements alone do not close the distance between policy ambition and putting new reactors into operation.
         </p>
        </div>
        <div style="padding:8px 0 0;text-align:left;">
         <a style="color: #1a2d47; text-decoration: none; font-weight: 600; font-size: 14px;">
          Read more at The New York Times ›
         </a>
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       <td style="padding:0 24px;">
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       <td style="padding:12px 24px 12px;">
        <h4 style="margin:0 0 6px;font-size:19px;line-height:1.35;color:#0b1f3a;text-align:left;">
         <a style="color: #0b1f3a; text-decoration: none;">
          New York sues 3M, DuPont over PFAS concealment in consumer products
         </a>
        </h4>
        <div style="font-size:16px;line-height:1.6;color:#1a1a1a;text-align:left;">
         <p style="margin:0;">
          New York Attorney General Letitia James filed suit Thursday 
against 3M, DuPont, and other companies, alleging they created a public nuisance by selling PFAS chemicals they knew were toxic for use in consumer goods while concealing health and environmental risks from the public for decades. The suit adds to a growing body of state-level PFAS litigation targeting major manufacturers and raises the prospect of further financial liability for companies with legacy chemical exposure, even as some have already begun phasing out the substances.
         </p>
        </div>
        <div style="padding:8px 0 0;text-align:left;">
         <a style="color: #1a2d47; text-decoration: none; font-weight: 600; font-size: 14px;">
          Read more at Reuters ›
         </a>
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       <td style="padding:16px 24px;">
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        <div style="font-size:14px;letter-spacing:0px;font-weight:700;color:#1a2d47;border-bottom:2px solid #0b1f3a;padding-bottom:6px;">
         Campaigns &amp; the Midterms
        </div>
       </td>
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      <tr>
       <td style="padding:12px 24px 12px;">
        <h3 style="margin:0 0 8px;font-family:Helvetica, Arial, sans-serif;font-size:24px;line-height:1.3;color:#0b1f3a;text-align:left;">
         <a style="color: #0b1f3a; text-decoration: none;">
          Talarico outraises Paxton three-to-one in Texas Senate race
         </a>
        </h3>
        <div style="font-size:17px;line-height:1.6;color:#1a1a1a;text-align:left;">
         <p style="margin:0;">
          Texas Democrat James 
Talarico raised $30 million in the second quarter of the year, more than tripling the $9 million collected by Republican challenger and former state Attorney General Ken Paxton in what is shaping up as one of the most expensive Senate contests of the November midterms. Roughly 97 percent of Talarico's donations were $100 or less, his campaign said, suggesting broad small-dollar enthusiasm. The fundraising gap is a significant early indicator of the competitive and financial pressure Republicans face in a state they have long considered safe 
Senate territory.
         </p>
        </div>
        <div style="padding:8px 0 0;text-align:left;">
         <a style="color: #1a2d47; text-decoration: none; font-weight: 600; font-size: 14px;">
          Read more at Bloomberg ›
         </a>
        </div>
       </td>
      </tr>
      <tr>
       <td style="padding:0 24px;">
        <div style="border-top:1px solid #e3e6eb;line-height:1px;font-size:1px;">
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       <td style="padding:12px 24px 12px;">
        <h4 style="margin:0 0 6px;font-size:19px;line-height:1.35;color:#0b1f3a;text-align:left;">
         <a style="color: #0b1f3a; text-decoration: none;">
          Michigan Senate primary becomes proxy war for Democratic Party's soul
         </a>
        </h4>
        <div style="font-size:16px;line-height:1.6;color:#1a1a1a;text-align:left;">
         <p style="margin:0;">
          Michigan's Aug. 4 Democratic Senate primary has
narrowed to a two-candidate race that maps cleanly onto the party's internal fault lines. Abdul El-Sayed, backed by the Democratic Socialists of America and Sen. Bernie Sanders, faces Rep. Haley Stevens, a moderate aligned with Senate Minority Leader Chuck Schumer and the party establishment. The seat, being vacated by retiring Sen. Gary Peters, is considered essential for Democrats hoping to recapture the Senate majority, and the presumed Republican nominee, former Rep. Mike Rogers, is viewed as a strong general-election competitor, raising 
the strategic stakes of the primary outcome.
         </p>
        </div>
        <div style="padding:8px 0 0;text-align:left;">
         <a style="color: #1a2d47; text-decoration: none; font-weight: 600; font-size: 14px;">
          Read more at The Washington Post ›
         </a>
        </div>
       </td>
      </tr>
      <tr>
       <td style="padding:0 24px;">
        <div style="border-top:1px solid #e3e6eb;line-height:1px;font-size:1px;">
        </div>
       </td>
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       <td style="padding:12px 24px 12px;">
        <h4 style="margin:0 0 6px;font-size:19px;line-height:1.35;color:#0b1f3a;text-align:left;">
         <a style="color: #0b1f3a; text-decoration: none;">
          Planned Parenthood deploys $47 million to punish Republicans who cut its funding
         </a>
        </h4>
        <div style="font-size:16px;line-height:1.6;color:#1a1a1a;text-align:left;">
         <p style="margin:0;">
          Planned Parenthood Votes is committing a near-record $47 million to the November
midterms, targeting House Republicans in eight battleground states who voted to cut the organization from federal funding under the One Big Beautiful Bill Act. The campaign also covers key Senate races including Michigan. The provision stripping Medicaid funding expired last weekend, restoring access to hundreds of millions of dollars, but nearly 30 clinics closed during the funding gap. The scale of the spending underscores reproductive rights as a top mobilizing issue for Democrats heading into the midterms.
         </p>
        </div>
        <div style="padding:8px 0
0;text-align:left;">
         <a style="color: #1a2d47; text-decoration: none; font-weight: 600; font-size: 14px;">
          Read more at The Hill ›
         </a>
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        <div style="border-top:1px solid #e3e6eb;line-height:1px;font-size:1px;">
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       <td style="padding:12px 24px 12px;">
        <h4 style="margin:0 0 6px;font-size:19px;line-height:1.35;color:#0b1f3a;text-align:left;">
         <a style="color: #0b1f3a; text-decoration: none;">
          Trump administration threatens funding cuts and arrests over state voting practices
         </a>
        </h4>
        <div style="font-size:16px;line-height:1.6;color:#1a1a1a;text-align:left;">
         <p style="margin:0;">
          The Trump administration is threatening to withhold 
federal funding from states that refuse to alter voting practices and warning state election officials they face potential arrest if they do not remove noncitizens from voter rolls. UCLA law professor Rick Hasen said the pressure campaign appears designed both to change election rules and to undermine public confidence in the integrity of the 2026 vote. The moves set up legal confrontations with multiple states ahead of the midterms and create operational uncertainty for election administrators.
         </p>
        </div>
        <div style="padding:8px 0 
0;text-align:left;">
         <a style="color: #1a2d47; text-decoration: none; font-weight: 600; font-size: 14px;">
          Read more at POLITICO ›
         </a>
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        <div style="border-top:1px solid #e3e6eb;line-height:1px;font-size:1px;">
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        <h4 style="margin:0 0 6px;font-size:19px;line-height:1.35;color:#0b1f3a;text-align:left;">
         <a style="color: #0b1f3a; text-decoration: none;">
          Ken Griffin signals he would back Rubio over Vance in 2028 GOP primary
         </a>
        </h4>
        <div style="font-size:16px;line-height:1.6;color:#1a1a1a;text-align:left;">
         <p style="margin:0;">
          Billionaire hedge fund manager Ken Griffin 
told journalist Andrew Ross Sorkin at the Allen and Company conference in Sun Valley that he would be "predisposed" to support Secretary of State Marco Rubio in the 2028 Republican presidential primary, according to Axios. Griffin, who donated $107 million to Republican-aligned PACs in the 2024 cycle while backing Nikki Haley over Trump, remains one of the GOP donor class's most closely watched signals. His early preference for Rubio over Vice President Vance gives a preliminary read on where establishment Republican money may flow once the 
2028 race formally opens.
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         <a style="color: #1a2d47; text-decoration: none; font-weight: 600; font-size: 14px;">
          Read more at Star Tribune ›
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        <h4 style="margin:0 0 6px;font-size:19px;line-height:1.35;color:#0b1f3a;text-align:left;">
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          Maine Secretary of State Shenna Bellows enters Senate race after Platner exits
         </a>
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          Maine Secretary of State Shenna Bellows
announced a bid for the U.S. Senate one day after Democratic candidate Graham Platner suspended his campaign. The Maine Democratic Party has until July 27 to select its standard-bearer. The seat is among those being tracked by Planned Parenthood Votes as part of its $47 million midterm push, given Sen. Susan Collins's vote to confirm Justice Brett Kavanaugh. Separately, Senate Judiciary Chair Chuck Grassley asked FBI Director Kash Patel to account for his use of government aircraft and other agency resources, adding pressure on Patel amid 
ongoing questions about his financial stewardship of the bureau.
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        <div style="padding:8px 0 0;text-align:left;">
         <a style="color: #1a2d47; text-decoration: none; font-weight: 600; font-size: 14px;">
          Read more at The Hill ›
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         Quartz Washington · A daily briefing on U.S. politics for business.
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