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The wealthy got the ultimate regulatory carve-out for when this bubble pops. The post Organized Money: The Supreme Court Gives Wall Street Its Own Regulator appeared first on The American Prospect.

On July 15, the two national teams will face off in Atlanta, reviving one of the most important classics in world soccer – not necessarily because of their sporting rivalry, but rather because of the history of military dominance that surrounds it all. Amanda Getty , July 14, 2026

New York Gov. Kathy Hochul’s Tuesday moratorium on data centers follows a growing campaign on the left to harness grassroots opposition to the projects.

Last year, the Trump administration publicly lied about the content and status of a multimillion-dollar stockpile of contraceptives that was allocated for foreign aid but slated to be destroyed amid Elon Musk’s dismantling of the U.S. Agency for International Development.Newly disclosed records show that the government’s internal discussions about the stockpile were as chaotic as its external statements were dishonest.Last summer, the administration announced plans to destroy about $10 million worth of contraceptives stored in a Belgian warehouse. The products, already paid for by U.S. taxpayers, were allocated toward women and girls in Africa. By the fall, the administration falsely told the press that the contraceptives were abortifacients, or substances used to induce an abortion—and that they had been destroyed. In reality, they were largely ruined due to being stored improperly (despite their storage costing hundreds of thousands of dollars, according to the USAID Office of Inspector General).New reporting published Tuesday by The Washington Post shows that falsehoods surrounding the stockpile were pervading internally as well as externally—adding to a mountain of evidence of the incompetence, willful or not, of Musk’s so-called “Department of Government Efficiency.”In one email, an official at the U.S. Embassy to Belgium informed someone at the State Department that “there is no one here that knows definitively what is in the warehouse.” In an August 8 email, a State Department official emailed a colleague a list of purported “Current Viable Abortifacients” at the warehouse, but nothing he listed is considered an abortifacient by the Food and Drug Administration. “Everything else has practically been destroyed,” the official wrote—and by “has practically been destroyed,” he apparently meant “had spoiled due to improper storage.”After The New York Times reported that none of the products in the stockpile were abortifacients—in fact, USAID could not legally purchase such substances—State Department official Brendan Hanrahan sent out an email asking if anything in the stockpile could be used to “induce an abortion if taken by a woman once she is already pregnant.” This prompted a “series of emails among diplomats” seeking more information, including one in which the aforementioned embassy official revealed the staff’s complete ignorance of the stockpile’s contents.These revelations had to be wrenched from the government by the Center for Reproductive Rights, which sued the government over its failure to respond to a Freedom of Information Act Request about the wasted contraceptives.

Drop Site Daily: July 14, 2026

The wealthy got the ultimate regulatory carve out for when this bubble pops.

The Trump administration wants to dismantle the International Criminal Court.Secretary of State Marco Rubio posted a video message to X Monday saying that the ICC has turned into something “radical and extreme” and that the U.S. will now target the court.“As we speak, the ICC and its friends are waging a war against our ​country, not with bullets and missiles but ​with statutes, compacts, and the force of ⁠so-called international law,” Rubio said in the video.The International Criminal Court seeks to become the unaccountable arbiter of a new global law — empowered to prosecute and arrest our citizens at will and existentially threaten American sovereignty.We will teach the ICC the full meaning of American resolve. pic.twitter.com/2egHK1jA98— Secretary Marco Rubio (@SecRubio) July 13, 2026In addition to the post, Rubio wrote an op-ed column for The Wall Street Journal accusing the court and its allies of seeking “a standing world tribunal with near-unlimited reach, empowered to override the courts and constitutions of the U.S. and other sovereign states—and to prosecute and arrest our citizens.“The ICC is backed and run by a powerful network of leftist nongovernment organizations, smug globalists, and hostile Third World governments united by their enmity toward the U.S.,” Rubio’s column added.Reuters spoke to an anonymous State Department official who said that the Trump administration is considering a variety of tactics, including travel bans, visa revocations, increased sanctions against the ICC and its affiliates, and diplomatic pressure on countries to withdraw from the ICC.“No diplomatic option will be off-limits in the campaign ​to dismantle the threat posed by the ICC to Americans,” the State Department said in a statement.The U.S. has never been a member of the ICC, and President Trump attacked the court after it issued arrest warrants against Israeli government leaders, including Prime Minister Benjamin Netanyahu, in 2024 for war crimes and crimes against humanity in Gaza. Since then, the U.S. has sanctioned court officials and prosecutors, as well as other international leaders who document and speak out about Israel’s crimes, including United Nations Special Rapporteur for Palestine Francesca Albanese.The Trump administration’s new push is not only based on support for Israel (whose Gaza massacre was largely conducted with American weapons) but also on the possibility of ICC charges being issued against the U.S. During Trump’s second term, the U.S. has launched strikes against boats in the Caribbean Sea and Pacific Ocean, which it claims are bringing drugs to the U.S.In effect, the administration sees the ICC as a threat to its ability to launch military activities around the world whenever it wants, and as a threat to Israel. Trump and Rubio think that the U.S. is above any international criticism and checks on its military power, war crimes be damned.

Democrats have said they may sue the president if he doesn't adhere to previous War Powers votes.