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Trump says he will nominate Jay Clayton to top intelligence post

2026-06-11 3:27 PM EDT / CNN

By Margaret Given, CNN

https://www.cnn.com/2026/06/11/politics/video/trump-will-nominate-jay-clayton-dni

CNN’s Boris Sanchez and Alayna Treene on President Trump’s announcement Thursday that he’s nominating Jay Clayton, the US attorney for the Southern District of New York, to be his next director of national intelligence.

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US Supreme Court overturns ex-Twitter employee’s obstruction conviction in Saudi spy case

2026-06-11 16:33:07 / Reuters

Ahmad Abouammo, a former Twitter Inc employee accused of spying for Saudi Arabia, leaves Santa Rita jail after being freed pending trial, in Dublin, California, U.S. November 21, 2019. REUTERS/Kate Munsch/File Photo

June 11 (Reuters) – The U.S. Supreme Court overturned on ​Thursday an obstruction conviction of a former Twitter employee accused of spying for Saudi Arabia, ‌saying he was tried in the wrong state for knowingly falsifying a document to impede an FBI investigation.

The justices unanimously ruled that the U.S. Justice Department wrongly in 2022 secured Ahmad Abouammo’s conviction in California from a jury in San Francisco, when his ​only interactions with FBI agents had been at his home in Seattle in Washington state.

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Liberal Justice ​Elena Kagan, writing for the court, said that while the offense of falsifying a ⁠document to impede an investigation “is relatively easy to prove,” the law restricts where the prosecution can take ​someone to trial on that charge.

“The trial for falsifying a document must take place where the defendant falsified ​the document,” Kagan wrote. “Here that was in Seattle – meaning in venue terms, the Western District of Washington.”

The ruling did not touch on the other criminal counts for which Abouammo was convicted including charges that he acted as an unregistered agent of ​a foreign government and committed wire and honest services fraud. Abouammo, 47, was released from prison in June ​2025 while the appeal was pending after being initially sentenced to 3-1/2 years in custody.

Tobias Loss-Eaton, a lawyer for Abouammo, declined ‌to ⁠comment. Representatives for the U.S. Attorney’s Office for the Northern District of California, which had tried the case, did not immediately respond to requests for comment.

Abouammo worked at Twitter from 2013 to 2015, prior to the social media platform being acquired by billionaire Elon Musk and renamed X, and served as its media partnerships ​manager for the Middle East ​and North Africa region.

According ⁠to prosecutors, Abouammo while working at Twitter’s San Francisco office provided confidential information to a Saudi official about two Saudi dissidents posting on Twitter in exchange for ​a watch worth $42,000 and two wire transfers of $100,000 each.

Abouammo later relocated to Seattle ​and started ⁠a social-media consulting company. When two San Francisco-based FBI agents flew to Seattle to interview him at his home, Abouammo denied giving the Saudi official confidential information and said the payments were instead for consulting work he did, ⁠according to ​court records.

When the agents asked for documents to support his ​story, Abouammo created a fake invoice that he then emailed to one of them, prosecutors said, leading to the obstruction charge.

Reporting by Nate Raymond in Boston; Editing by Will Dunham

Our Standards: The Thomson Reuters Trust Principles.

Nate Raymond reports on the federal judiciary and litigation. He can be reached at nate.raymond@thomsonreuters.com.

Trump nominating prosecutor Jay Clayton to be next director of national intelligence

2026-06-11 14:14 EDT / CBS News

By
Updated on: June 11, 2026 / 3:32 PM EDT / CBS News

Washington — President Trump on Thursday announced he’s nominating Jay Clayton, the current U.S. Attorney for the Southern District of New York, to be the next director of national intelligence, aiming to end a stalemate on Capitol Hill that is holding up the extension of a key spy tool.

The president announced the move in a post on Truth Social, and urged the Senate to confirm Clayton “as soon as possible.”

“Few people anywhere in the Legal Community are respected at the level of Jay. I encourage the United States Senate to confirm Jay as soon as possible,” the president wrote. Clayton served as the head of the Securities and Exchange Commission from 2017 to 2020.

Jay Clayton, U.S. Attorney for the Southern District of New York, listens during a news conference in New York, Monday, March 9, 2026. Seth Wenig / AP

Mr. Trump’s pick for acting director of national intelligence, Bill Pulte, has attracted strong criticism from Democrats and some Republicans on in Congress. The dispute has stalled work on an extension of a warrantless surveillance authority under Section 702 of the Foreign Intelligence Surveillance Act, which is set to lapse this weekend.

Democrats are refusing to agree to an extension as long as Pulte is set to assume the role. The president said Pulte will take over for Tulsi Gabbard on June 19, and his announcement of Clayton’s nomination did not change that timeline.

Senate Majority Leader John Thune applauded the move, telling reporters that Clayton has “a great reputation of being an incredibly competent manager.” The South Dakota Republican said he’s hopeful that the move will help bring an end to the standoff over FISA and pledged to confirm him as quickly as possible: “I don’t know what ‘realistic’ is, but we’re going to probe the limits of it.”

But Sen. Mark Warner of Virginia, the top Democrat on the Senate Intelligence Committee, indicated to reporters that he opposes extending FISA with Pulte still set to become acting director of national intelligence, though he noted that he has “great respect” for Clayton.

“If there was a way that Tulsi Gabbard will stay in her position until we could get him confirmed, that could be a way out,” Warner said.

The Virginia Democrat questioned the White House’s seriousness about the impasse, noting that the House has already left Washington and would be unable to approve an extension at this hour.

“Why he waited until after the House broke, I have no idea,” he said.

Senate Minority Leader Chuck Schumer, a New York Democrat, echoed that Pulte “has got to go.”

An effort to approve a short-term FISA extension failed to secure enough support in the House earlier Thursday, with Democrats citing the Pulte pick. Senate Republicans also attempted to approve short-term extensions by unanimous consent, but Democratic Sen. Ron Wyden of Oregon, who has been seeking reforms to Section 702, objected.

The president previously said he was interviewing five people to be the long-term DNI. The role is responsible for overseeing the nation’s 18 intelligence agencies.

Clayton was confirmed as the U.S. attorney for Manhattan in August 2025. The office is considered one of the most prestigious and high-profile in the country, and is known for its prosecution of white-collar cases involving public corruption, insider trading and other financial crimes.

The office is currently investigating a number of cases involving suspicious trades in the oil and prediction markets timed with various government actions against Iran. It is also the office that is leading the prosecution against Venezuela’s former leader Nicolás Maduro.

Clayton came into the role without experience in criminal law. As an attorney at the firm Sullivan & Cromwell, he specialized in capital-raising and mergers and acquisitions. Apart from his brief tenure as U.S. attorney, it is unclear what experience he has in national security matters, which is a requirement under the law to serve as DNI.

In November, then-Attorney General Pam Bondi said Clayton would investigate the late sex offender Jeffrey Epstein’s connections to prominent Democrats, after Mr. Trump called for an investigation on Truth Social. The president’s directive came amid pressure on the administration to release the full Epstein files. It’s unclear what, if anything, from the initiative.

More recently, Clayton has also questioned the lengthy vote counting process in California’s primaries.

“On the integrity side, we’re doing an absolutely terrible job,” Clayton told CNBC this week. “And the American people are right to question it.”

Mr. Trump said Pulte may “find out some things about the rigged elections,” a notable comment after Gabbard attended an FBI search of an election center in Fulton County, Georgia, earlier this year. It’s not clear if Clayton, if confirmed, would continue such probes.

Trump’s push for $350 billion ‘arsenal of freedom’ hits GOP skepticism

June 11, 2026 2:16pm EDT / Fox News

Sen. John Kennedy says passing anything before midterms ‘gives me heartburn’ as party unity fractures

By Alex Miller, Adam Pack, Fox News

NEW You can now listen to Fox News articles!

President Donald Trump wants Congress to supercharge military funding and pass stalled voter ID and citizenship verification legislation in one fell swoop, but many Republicans aren’t sold on the plan.

Trump on Wednesday called on congressional Republicans to steer around Democrats’ opposition again and “immediately” pass a third budget reconciliation package, including $350 billion in defense spending coupled with the stalled Safeguarding American Voter Eligibility (SAVE) America Act.

“This is a GENERATIONAL Investment in our Military, even bigger than President Reagan’s! Recon 3.0 is the ONLY path to the full $1.5 TRILLION DOLLAR Military Budget our Warriors need in order to build THE ARSENAL OF FREEDOM,” Trump said on Truth Social.

TRUMP’S SAVE AMERICA ACT SHOWS SIGNS OF LIFE IN THE SENATE DESPITE REPUBLICAN REVOLT

President Donald Trump during an executive order signing in the Oval Office of the White House in Washington, D.C., on June 3, 2026.(Shawn Thew/EPA/Bloomberg via Getty Images)

The president’s request came just hours after he signed Republicans’ second budget reconciliation bill into law that would fund immigration enforcement through the rest of his presidency for $70 billion. Trump’s One Big Beautiful Bill Act was also passed through budget reconciliation.

But many Republicans are lukewarm at best to the idea of restarting the budget reconciliation process, which would require strict party unity amid a dwindling calendar of legislative days heading into the November midterm elections.

The GOP has also yet to fully come around to Trump’s $1.5 trillion defense spending request, and some lawmakers have voiced concern about circumventing the normal appropriations process to boost defense spending.

Trump’s plea for a third bite at the apple comes as he and congressional Republicans are increasingly at odds over policy decisions that have made passing legislation on the Hill all the more difficult.

TRUMP SCORES VICTORY DESPITE GROWING GOP DIVIDE AFTER SENATE PASSES $70B ICE, BORDER PATROL FUNDING PACKAGE

https://www.foxnews.com/video/6398078831112

Some Republicans who have pushed for a third attempt at the party-line process have acknowledged that it’s unlikely to work. Further, Congress is unlikely to pass any other bills before the midterm elections in November because of Democratic opposition.

“I think it’s a very, very long shot that anything passes between now and the midterms,” Sen. John Kennedy, R-La., said. “It gives me heartburn to say that, but I think that’s political reality.”

Senate Majority Leader John Thune, R-S.D., didn’t completely close the door on another reconciliation bill, but he noted that there is skepticism among Republicans on moving forward.

“You’ve got to have something that you can win on,” Thune said. “And you’ve heard some of our folks already express their views on another reconciliation bill.”

Earlier in the week, during a contentious Senate Appropriations hearing, Sens. Susan Collins, R-Maine, and Mitch McConnell, R-Ky., both agreed that another reconciliation bill was unlikely to happen, particularly as a dumping ground for billions in additional defense spending.

TRUMP LOCKS IN ICE FUNDING THROUGH END OF PRESIDENCY AFTER HOUSE PASSES $70B PACKAGE

House Speaker Mike Johnson, R-La., speaks to members of the media at the U.S. Capitol in Washington, D.C., on June 10, 2026.(Tierney L. Cross/Bloomberg via Getty Images)

Collins, who chairs the Senate Appropriations Committee, said, “Reconciliation is not the best approach.”

“It would be very difficult to get the reconciliation bill approved,” Collins said.

Discussions on a third reconciliation package were underway in the House prior to Trump’s public endorsement. House Speaker Mike Johnson, R-La., has voiced confidence that his chamber will clear a third budget bill by the August recess.

But some GOP lawmakers have questioned its viability amid Republicans’ slim majority and the potential lack of a unifying policy idea to keep the conference together.

“I haven’t quite heard enough policy proposals that lead me to think it’s going to gel, but I’m certainly open-minded,” Rep. Nick Langworthy, R-N.Y., told Fox News Digital on Wednesday.

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Rep. Kevin Kiley, I-Calif., a Republican-turned-independent who voted against Trump’s $70 billion immigration enforcement measure, indicated he isn’t likely to support a third attempt.

“We have now gotten to this habit of one party takes power, they do reconciliation bills and the other party does it, and this cycle hasn’t been good,” the California lawmaker told Fox News Digital. “It’s one of the things that fed the cycles of dysfunction that we have around here.”

Alex Miller is a writer for Fox News Digital covering the U.S. Senate.

How Trump has deceived himself on Iran

2026-06-11T16:51:41.084Z / https://www.cnn.com/2026/06/11/politics/trump-iran-deceiving-analysis

• President Donald Trump has repeatedly said a deal with Iran is imminent while backing away from military threats and downplaying Iranian provocations.
• His pattern of relaxed deadlines and hollow threats has signaled to Tehran that he lacks the will to resume hostilities.
• With midterm elections approaching, Trump faces mounting pressure to resolve a conflict that may have become a political liability for Republicans.

AI-generated summary was reviewed by a CNN editor.

President Donald Trump is nothing if not studied at crafting elaborate alternate realities.

But for the last two and a half months or so, he conjured one that seemed primarily aimed at deceiving himself.

He painted Iran as desperate to cut a deal, which always seemed to be right around the corner. And he repeatedly gave Tehran the benefit of the doubt, relaxed his own deadlines, walked back his threats and downplayed Iran’s provocations and apparent ceasefire violations.

The pattern played out again Monday, when Trump yet again backed off on threatened attacks just hours after saying he planned to take over Kharg Island. As he has before, he cited supposed progress in negotiating an agreement.

The problem with this approach is that it has made it pretty clear that Trump lacks the will to go back to war — that he prefers to just be done with it all, even as Iran plays on his reluctance.

And it increasingly appears as though Trump hoping against hope just delayed an inevitable return to the kind of hostilities that resumed this week before Trump’s latest claim of an imminent bargain.

Trump’s fanciful treatment of a potential deal with Iran appears to have mostly prolonged the war and its economic pain — and brought the situation closer to the 2026 midterm elections, which increasingly loom as a major leverage point for Iran.

Even as hostilities intensified over the last 24 hours — largely in the wake of Iran downing a US Army Apache helicopter whose pilots had to be saved — Trump was almost begrudging about being dragged back in.

In a Tuesday social media post, he downplayed the severity of Iran downing the helicopter while saying, “Nevertheless, the United States must, of necessity, respond to this attack.” He told the Wall Street Journal the same day that Iran’s attack “wasn’t a big deal.” While talking about retaliation, he said Wednesday, “I guess we have the right to do that.”

Trump has also mixed in some very tough talk about how hard he would hit Iran — even saying on social media on Thursday that the US military would soon “be taking Kharg Island,” an operation that would likely require ground troops and could risk significant casualties.

But just minutes later, there he was on Fox News downplaying that possibility by repeatedly citing Americans’ lack of “appetite” for such military action.

“I’m not sure the country has the appetite for it,” Trump said.

“I’m not sure the country has the appetite for it,” he soon repeated. “And that’s okay, I understand that.”

“I don’t want to have boots on the ground, but if I wanted to, we could put a small group of soldiers and take over the whole place,” he said.

The president later added: “I don’t know that America has the appetite to do what I would really much prefer doing.”

But it often looks like it’s Trump who lacks the stomach.

Early in the war, he repeatedly set deadlines for Iran to capitulate or else, only to relax them despite Tehran not meeting his demands. (This is also known as bluffing.)

Trump on April 7 announced a hastily assembled ceasefire whose terms nobody seemed to agree on. Then the administration tried to keep the appearance of the truce going even though Iran didn’t do the one major thing Trump insisted it had to. He initially said the ceasefire was “subject to … the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz” — which never happened.

And when Iran seemed to violate the ceasefire in other ways, Trump and his administration repeatedly strained to downplay it.

Trump has also sent signals that he’d very much like to avoid going back to war. Last week, for example, he twice cited the cautionary tale that was Jimmy Carter and the Iran hostage crisis.

“I don’t want to put men in that kind of danger,” Trump said on June 3. “I remember Jimmy Carter had some bad problems in Iran with the hostages. I don’t want to ever put our people in that kind of danger.”

He added the next day, while downplaying the possibility of sending in troops to recover highly enriched uranium: “I didn’t want to be Jimmy Carter, you know — I didn’t feel like being Jimmy Carter.”

In other words, Trump’s reluctance to go back to war hasn’t been subtle.

Allies might fancifully view Trump’s position as posturing or some strategic play. But it seems to have only encouraged Iran to hold out for more favorable terms from a peace deal.

Indeed, that’s the problem with Trump telegraphing what he wants to do and repeatedly giving the other side a pass: It gives Iran leverage.

That doesn’t mean Trump won’t ultimately go big in restarting the war.

But it begs the question why the administration didn’t respond more strongly, for instance, when it became clear Iran wasn’t satisfying Trump’s demand that the ceasefire include reopening the strait.

That seemed a pretty big violation, but the administration basically ignored it.

And the US trying to accommodate Iran for two months has not been without a cost. One of Iran’s biggest assets is the passage of time. While Trump might view the US blockade of the strait as bleeding the Iranian economy, he’s on the clock too.

As the midterm elections approach, Republicans will likely be putting more pressure on Trump to wrap up what looks like a potential political albatross for them thanks to still-spiking inflation. That could force some very difficult decisions — i.e. whether to go back to war or to cut a suboptimal deal in the name of bringing this ugly chapter to a close.

And that’s a real potential choice Trump increasingly can’t ignore.

This story has been updated with additional reporting.

Markings that appear to show the numbers “86 47” seen on National Mall in Washington

June 11, 2026 / 3:06 PM EDT / CBS News

Washington — Markings appeared on the National Mall in Washington, D.C., on Thursday that seem to depict the numbers “86 47,” according to photos taken from the top of the Washington Monument.

A photographer for the Reuters news outlet saw the apparent markings just before federal authorities arrived to look into the incident, according to the wire service. Photos taken by the Reuters photographer show the faint tracings of “86 47” in the grass with the World War II Memorial in the background.

The “8” appears most prominently, while the numbers “6” and “7” can be seen less clearly. The number “4” is the least visible in the photos. It was not immediately clear how the markings were made or who made them. The U.S. Park Police did not immediately return to a request for comment.

A spokesperson for the Interior Department said, “The deranged vandalism on our National Mall will not be tolerated. Any threat against the President is taken very seriously by the Department, and our U.S. Park Police will investigate this incident and hold those responsible accountable.”

A photo taken from the Washington Monument appearing to show “86 47” on the grounds of the National Mall on June 11, 2026. Nathan Howard / REUTERS

A wider view, looking toward the Lincoln Memorial. Nathan Howard / REUTERS

The term “86” is slang meaning to “throw out” or “get rid of,” according to Merriam-Webster. The phrase is commonly used in restaurant kitchens and originated at soda counters in the 1930s, according to the dictionary. But the term gained more attention recently when former FBI Director James Comey was indicted after sharing an Instagram post last year that showed seashells on the beach arranged to form “86 47.”

Comey deleted the post and said he believed the shell formation was communicating a “political message.” The former FBI chief said he did not realize that some people associate the numbers with violence.

Comey was charged with two counts of making threats against President Trump. He has not yet entered a plea and is set to be arraigned in New Bern, North Carolina, in late September.

Mr. Trump has said the term “86” is a mob term that connotes violence and, when paired with “47,” means “kill President Trump.” Mr. Trump is the 47th president.

“EIGHT MILES OUT, SIX FEET DOWN!” he wrote on Truth Social in April.

Dubbed “America’s Front Yard,” the National Mall stretches from the Lincoln Memorial to the west and the U.S. Capitol to the east. It is set to be the site of several events honoring the nation’s 250th anniversary.

Zak Hudak contributed to this report.

High US mortgage rates to keep housing market subdued: Reuters poll

2026-06-11T12:34:34.047Z / Reuters

BENGALURU, June 11 (Reuters) – High mortgage rates will keep turnover in U.S. residential housing subdued this year and next with very modest price rises, according to property specialists surveyed by Reuters, thwarting the Trump administration’s aim to revive the market.

The benchmark 30-year mortgage rate, which underpins most U.S. ​home loans, has hovered around 6.6% in recent months. That is much higher than the average 4.3% in the previous decade ‌and is not expected to fall meaningfully any time soon.

(USMG=ECI), opens new tab

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The Federal Reserve is no longer expected to cut interest rates this year, according to a separate Reuters poll of economists, while financial markets are pricing a December hike.

That suggests prospects for a market revival might be bleaker than the poll results suggest.

Median forecasts from the June 1 to June 11 survey ​showed the 30-year mortgage rate at 6.4% next quarter and 6.3% in the fourth. The 30-year mortgage rate is forecast to average more ​than 6.0% through 2028, roughly 25 basis points higher than in a survey taken three months ago.

Average home prices as measured ⁠by the S&P Cotality Case-Shiller 20-City Index were forecast to rise just 1.2% this year – even slower than last year’s 14-year low of 1.4% – and ​2.0% next, weaker than March forecasts and well below U.S. inflation.

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“We’ve gotten to a point where it is becoming increasingly challenging for the typical American to ​get on the housing ladder,” said James Knightley, chief international economist at ING. “The average mortgage for a home purchase is about $460,000…meaning you’re paying nearly $3,000 per month – more than 50% of the median after-tax pay of the average American.”

“As a result, the number of transactions has remained very low. In fact, we have the same level of transactions today as we ​did during the 2007-08 global financial crisis. That really underscores how challenged the housing market currently is.”

Existing home sales, which make up 90% of total ​transactions, were forecast to be steady at an average annualized 4.1 million-unit rate this quarter and next before edging up to slightly below 4.2 million in the final quarter ‌of the ⁠year – well below the early 2021 peak of 6.6 million.

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Mortgage rates have climbed roughly 50 basis points since the U.S. and Israeli war on Iran began in late February. Those have tracked the rise in benchmark 10-year Treasury bond yields on concerns that higher energy prices would boost consumer price inflation, which climbed to an annual 4.2% rate in May.

High mortgage rates and lofty home prices topped the poll’s list of hurdles for first-time buyers, with nearly two-thirds of analysts, or ​12 of 19, saying purchasing affordability would ​worsen over the coming year.

SLUGGISH ⁠MARKET

Average U.S. home prices are about 55% above where they were before the pandemic, far outpacing income growth over the same period.

“We expect the market to remain fairly depressed for much of this year, simply because of affordability issues ​in most regions. Home prices are still pretty elevated across many regions in the U.S. – as are mortgage rates,” ​said Sal Guatieri, a ⁠senior economist at BMO Capital Markets.

“But the market is still relatively tight, simply because many current owners are locked in place – sitting on much lower mortgage rates than they would get at the moment if they had to move and get a new one. So they’re reluctant to make that move.”

Crystal Sunbury, senior real estate ⁠analyst at ​RSM, agreed.

“Maybe people are willing to give up that 3% mortgage rate for a 5% ​one – but they’re not necessarily willing to do that for a 6-6.5% mortgage,” she said, adding neither new construction nor existing home sales would likely deliver a meaningful boost to supply either.

(Other stories ​from the Q2 Reuters housing market polls)

Reporting by Sarupya Ganguly; Polling by Indradip Ghosh and Nushaiba Iqbal; Editing by Jonathan Cable, Ross Finley and Hugh Lawson

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US Supreme Court rules against private suits brought under key securities law

2026-06-11 14:11:13 / Reuters

The Supreme Court of the United States, ahead of hearings to take place, in Washington, D.C., U.S. June 11, 2026. REUTERS/Ken Cedeno Purchase Licensing Rights, opens new tab

WASHINGTON, June 11 (Reuters) – The U.S. Supreme Court sided on Thursday with a group of investment funds affiliated with BlackRock
(BLK.N), opens new tab
and other asset managers in their bid to fend off certain lawsuits brought by private plaintiffs under a key federal securities law.

The Supreme Court, in a 6-3 decision fueled by its conservative majority, reversed a lower court’s ruling that let hedge fund Saba Capital Master Fund sue under the Investment Company Act of 1940 to void fund bylaws restricting the voting power of activist shareholders.

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Conservative Justice Amy Coney Barrett, who authored the ruling, wrote that the Investment Company Act, or ICA, does not authorize private parties to bring suits seeking the rescission of bylaws or other contractual terms.

“In sum, nothing in the text or structure of the ICA indicates that Congress authorized private parties to enforce virtually every provision in the statute,” wrote Barrett, whose opinion was joined by her five fellow conservatives.

The court’s three liberal justices dissented.

President Donald Trump’s administration backed BlackRock, FS Credit Opportunities
(FSCO.N), opens new tab
and other funds involved in the case, including Adams Diversified Equity Fund
(ADX.N), opens new tab
, Adams Natural Resources Fund
(PEO.N), opens new tab
and Royce Global Trust
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.

The investment funds at issue are so-called “closed-end funds,” which issue a fixed number of shares and frequently trade for less than the value of their underlying holdings. The funds, which are organized under Maryland law, adopted bylaw provisions that restrict the voting power of large shareholders.

Saba, a hedge fund managed by activist investor Boaz Weinstein that owns shares in the investment funds, brought legal challenges against 11 such funds.

It alleged that the disputed bylaw provisions violated part of the Investment Company Act requiring that each share carry equal voting power. It also argued that the law allows private parties – not just the U.S. Securities and Exchange Commission – to bring suits seeking to void corporate bylaws or other contractual terms that violate the Investment Company Act.

A federal judge in New York sided with Saba, ruling in 2024 that the so-called “control share bylaws” violated the Investment Company Act and must be removed. The New York-based 2nd U.S. Circuit Court of Appeals upheld the judge’s ruling.

This prompted some of the funds to appeal to the Supreme Court, arguing that the Investment Company Act does not contain a so-called “private right of action” for such suits.

Reporting by John Kruzel; Editing by Will Dunham

New US-Canada bridge opening delayed

June 11, 2026 1:08 PM UTC Updated 2 hours ago / Reuters

By David Shepardson

The under-construction Gordie Howe International Bridge linking Detroit to Windsor, Ontario, Canada, is viewed along the Detroit River, in Detroit, Michigan, U.S., February 10, 2026. REUTERS/Rebecca Cook Purchase Licensing Rights, opens new tab

WASHINGTON, June 11 (Reuters) – A new $4.7 billion bridge connecting Detroit and Windsor, Ontario that was set ​to open in the coming days has been delayed, a bridge authority ‌said on Thursday.

A formal ribbon-cutting had been planned for Friday for the Gordie Howe International Bridge, according to invitations seen by Reuters.

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“Canada and the United States have agreed to delay the opening of ​the bridge, taking the necessary time to resolve any outstanding issues,” the ​Windsor-Detroit Bridge Authority said.

Canadian Prime Minister Mark Carney said the new ⁠bridge will benefit Canadians, Americans, business, tourists and residents for decades. “Everyone’s working hard ​to make sure the bridge is open as soon as possible. There’s no big ​drama if it takes a little longer, it’ll take a little longer,” Carney said.

The White House has not commented.

U.S. President Donald Trump in February threatened to block the opening.

Trump in February cited Canada’s ​refusal to stock some U.S. alcoholic beverages on Canadian store shelves, Canada’s tariffs on ​dairy products and its trade talks with China as grounds for why he might not allow the ‌bridge ⁠to open.

Construction of the bridge, which began in 2018, was financed by Canada because the U.S. refused to pay for it. The costs will be covered by tolls over 30 years.

Homeland Security Secretary Markwayne Mullin said at a Senate hearing last week ​the department was “good ​to go” to ⁠staff the Gordie Howe bridge.

The new bridge will help ease truck traffic on the privately owned Ambassador Bridge into Detroit, the ​largest freight port on the U.S.-Canada border, which handled $126 billion of ​value traded ⁠by commercial trucks as of 2023.

It will cut 20 minutes off the crossing time, saving truckers $2.3 billion over 30 years, according to a University of Windsor study.

Trump has ⁠made a ​number of threats against Canada in his second ​term and drastically hiked tariffs on the U.S. northern neighbor and this week said he might not renew a ​free trade deal with Mexico and Canada.

Reporting by David Shepardson; Editing by Chizu Nomiyama

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五角大楼发言人帕内尔一度说，五角大楼内部系统“检测到空气质量问题，因此需要采取预防措施，直至确定​​其严重程度”。 （法新社）

（华盛顿综合电）美国五角大楼周四一度怀疑发生危险物质泄漏事件，大楼内部多个楼层和走廊被封锁，部分区域疏散了人员。但美国媒体过后又说这是一起虚假警报。

美国有线电视新闻网（CNN）周四（6月11日）率先报道这起危险物质泄漏事件，但过后又引述消息人士说，这其实是一场虚惊。

CNN早前的报道说，五角大楼二至五层以及部分走廊被封锁，多层楼人员被疏散，应急人员穿戴全套防毒面具和化学防护服。报道也引述五角大楼安全团队称，需要进行更多测试以确定问题的根源。

阿灵顿县消防救援部门也在社媒平台X上发布消息说，消防员正在调查五角大楼发生的一起危险物质泄漏事件。

五角大楼发言人帕内尔则在一封电子邮件中说：“五角大楼拥有先进的系统，以确保大楼及其人员的安全。这些系统检测到空气质量问题，因此需要采取预防措施，直到我们确定其严重程度。”

帕内尔也说：“国防部正在执行标准防护程序，包括对受影响区域发布就地避险令。应急小组已就位，随时准备为大楼内人员提供支持。”

五角大楼是世界上最大的办公楼之一，曾在2001年9月11日卡伊达组织恐怖袭击中遭到攻击。