Today’s edition of quick hits.
* Third-country deportations: “The Supreme Court on Tuesday granted the Trump administration’s bid to enforce its policy on deporting immigrants to countries they aren’t from. In addition to granting emergency relief over dissent from the court’s three Democratic appointees, the justices also said they would take up full review of the issue during the new court term, meaning a full decision on the matter is now expected by July.”
* There’s nothing good about the latest news on the bond market: “Yields on the US Treasury’s longest-dated bond rose for a sixth straight day, crossing another key threshold amid a deepening selloff across global debt markets. The 30-year rate surpassed 5.61% on Tuesday to touch a level last seen in 2002, returning deeper into territory that had long been the norm before the low-rate era spanning the global financial crisis and pandemic.”
* Note, bans like these are even more aggressive than tariffs: “The Trump administration imposed an import ban on some Canadian products, including alcohol, dairy products and motorcycles, at 12:01 a.m. on Tuesday. The move was the latest offensive in a vicious trade fight President Trump has picked with Canada. Though the bans affect just a tiny proportion of Canada’s exports to the United States, they are a sign of how much the relationship between two formerly close political and economic allies has unraveled.”
* A case of ongoing interest: “Three news organizations that had been blocked from accessing the White House by President Donald Trump asked a federal judge to extend an order that temporarily restored their access after they had been barred for almost a week.”
* A reasonable request for information: “Three House Democrats leading their party on artificial intelligence policy are demanding five tech CEOs hand over information about ‘the growing number of incidents’ where rogue AI agents are committing cyberattacks.”
* Why did Donald Trump use emergency presidential powers to keep aging coal plants open? Because one of the leading lobbyists for the coal industry told the administration it’d be a good idea.
* The post-election lame-duck session is going to be awfully busy on Capitol Hill: “The Senate on Monday voted to pass the Protect College Sports Act, marking a milestone in the joint effort between Congress and the NCAA to address chaos and uncertainty in the industry with new federal regulations on athlete payments, transfers and eligibility requirements.”
* The fact that the pontiff explicitly mocked the use of the phrase “fake news” was unsubtle: “Pope Leo XIV on Monday urged that warnings about the potential dangers of artificial intelligence be taken seriously, pushing back on President Donald Trump’s recent dismissal of concerns about the rapidly advancing technology.”
See you tomorrow.
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