MTG Says Kevin McCarthy ‘Just Fine’ With Impeachment Of Christopher Wray, Merrick Garland

Harold Hutchison on June 23, 2023

Republican Rep. Marjorie Taylor Greene of Georgia said Friday that she met with House Speaker Kevin McCarthy, who was “just fine” with impeaching U.S. Attorney General Merrick Garland and FBI Director Christopher Wray.

“Here is the real situation, and I’ll break some news for you on your show. I had a meeting today with Kevin McCarthy in his office in the Capitol, and there is investigations that are being launched into Christopher Wray and Merrick Garland,” Greene told Fox Business host Larry Kudlow, a former Trump administration official.

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“We are going to hunt that investigation as far as we can, and if it leads to impeachment the Speaker is just fine with it,” Greene added. “So that’s information for your show and your viewers, and that just happened today in Washington, D.C.”

The Justice Department announced Tuesday that Hunter Biden would plead guilty to two misdemeanor tax charges, while a charge related to illegally possessing a handgun would be addressed in a pre-trial diversion program. Republicans on the House Ways and Means Committee released transcripts on Thursday of depositions from Internal Revenue Service whistleblowers who said Garland and IRS Commissioner Danny Werfel lied to Congress about interference with the Hunter Biden probe.

Greene also mentioned past controversies involving the Justice Department and FBI, which have faced accusations that the agencies have become politicized in cases involving pro-life advocates and parents protesting at school board meetings.

“These are the most powerful federal agencies in Washington D.C., the FBI and the Department of Justice, and they are completely, politically weaponized against their political opponents,” Greene said. “That being President Trump, anyone associated with him, all the way down to parents at school boards, pro-life Catholics and many others.”

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GOP Rep Plots Second Bid Against Vulnerable Dem Senator: REPORT

Mary Lou Masters on June 23, 2023

Montana Republican Rep. Matt Rosendale is planning on another Senate bid against vulnerable Democratic Sen. Jon Tester in 2024, Politico reported Friday.

Rosendale, who lost to Tester in 2018, has been telling lawmakers he intends to take another swipe at the senator, two sources familiar, who were granted anonymity to speak candidly about the conversations, told Politico. The House Freedom Caucus member didn’t rule out a Senate bid in a statement to Politico, and instead pointed toward a recent poll suggesting he’s heavily favored in a hypothetical GOP primary.

Though Rosendale lost to Tester 50.3% to 46.8% in 2018, the most recent polling suggests the odds favor the congressman in 2024. Rosendale would beat the senator by five points, according to a late February OnMessage Inc. poll.

The Senate race will be determined “by the people across Montana, not Mitch McConnell. This week, PPP released a poll that reflects Montanans took a major step towards that decision,” Rosendale told Politico.

Rosendale is leading former Navy SEAL Tim Sheehy by over 50 points for a head-to-head Republican primary, according to a June 19-20 Public Policy Polling (PPP) survey. Rosendale also garnered a favorability rating of 67%, while Sheehy only received 10%.

National Republican Senatorial Committee (NRSC) Chairman Sen. Steve Daines of Montana is pushing Sheehy to run against Tester, according to Politico.

“He’s taking a look at the race. He’s giving it careful consideration,” Daines said of Sheehy.

Republican Sens. Ted Cruz of Texas and Mike Lee of Utah are encouraging Rosendale’s senatorial aspirations, with Cruz telling Politico he’d be a “terrific candidate.”

“I sure hope he does,” Lee told Politico of a potential Rosendale run. “We could certainly use him in the Senate.”

Montana Rep. Ryan Zinke was also rumored to run for the Republican nomination, but it appears he’ll likely support Sheehy if he launches a bid, according to Politico.

Along with West Virginia, Ohio, Arizona and Wisconsin, Montana is one of the states where Democrats hold a Senate seat that the GOP views as vulnerable in 2024. Arizona, Ohio and West Virginia are considered toss ups, while the seats held by Tester and Sen. Tammy Baldwin of Wisconsin are characterized as leaning Democrat, according to the Cook Political Report.

Before his time in Congress, Rosendale was a member of both chambers of Montana’s state Legislature, and went on to serve as the state auditor from 2017 to 2021, according to Ballotpedia. He was overwhelmingly elected to the U.S. House in 2022, beating his nearest opponent by over 30 points.

Neither Rosendale nor Tester immediately responded to the Daily Caller News Foundation’s requests for comment.

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Nearly Half Of Californians Are Considering Fleeing The State: POLL

Brandon Poulter on June 23, 2023

Nearly half of Californians are considering leaving the state, according to a June California Community poll.

The top cited reasons residents had for wanting to leave the state included the cost of living and political disagreement, according to the poll results. The poll was conducted between June 6 and June 16 and is an “ongoing partnership between Strategies 360 the Los Angeles Times,” the website reads.

“Voters who are anxious about the economy but happy with the cultural climate are a complicated challenge for candidates who have to appeal to those mixed feelings,” Dan Schnur, who teaches at the University of Southern California and the University of California at Berkeley, told the Los Angeles Times.

The poll revealed that 81% of respondents were dissatisfied with the cost of everyday living expenses in the state. Additionally, 41% said that middle-class people have “few” to “no” opportunities to improve their financial conditions, according to the poll results.

“Even if folks make the same income as they did even just three years ago, their sense of financial security has fallen dramatically,” Ben Winston, who is a political consultant for Strategies 360, told the Los Angeles Times.

The poll also showed that 47% of respondents felt that the state had “over-corrected and gone too far in its attempts to give everyone equal rights,” and that 43% said California was “on the wrong track.”

Nearly 350,000 people left California in 2022, and the state population has declined by more than 500,000 people since 2020.

The poll’s margin of error was 2.7% and it surveyed 800 adults statewide.

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Senate GOP Works In Anti-‘Woke’ Provisions To Defense Bill Despite Democrat Majority

Micaela Burrow on June 23, 2023

  • The Senate Armed Services Committee passed a defense policy bill that includes provisions aiming to hold the Pentagon accountable for its diversity, equity and inclusion (DEI) programs.
  • Despite a Democratic majority in the Senate, the committee agreed on the $886 billion bill and called for even higher spending.
  • “The Pentagon has to remain focused on deterrence rather than a toxic and divisive social agenda,” Republican Sen. Roger Wicker of Mississippi said in a social media statement after the bill passed.

Defense legislation approved by a key Senate committee Thursday seeks to limit the Pentagon’s diversity, equity and inclusion (DEI) spending amid Republican criticism that such efforts are damaging to military readiness.

The Senate Armed Services Committee authorized an $886.3 billion defense budget for 2024 after hammering out its annual defense policy bill on Wednesday and Thursday behind closed doors, according to a summary of the bill released Friday. While the committee has not published the full text of the bill, the summary and GOP senators touted provisions they said would hold the DEI bureaucracy in the Pentagon accountable and ensure servicemembers are treated on the basis of ability, not race or gender, but does not appear to specifically address ongoing DEI programs in the Department of Defense (DOD).

“The Pentagon has to remain focused on deterrence rather than a toxic and divisive social agenda,” Republican Sen. Roger Wicker of Mississippi said in a social media statement after the bill passed. (RELATED: ‘Re-Name, Relocate, Deny’: Here’s Why The GOP Faces An Uphill Battle In Purging ‘Wokeism’ From The Military)

“As an Air Force veteran myself, I will continue fighting to protect our armed forces’ culture of personal achievement that helps make military service such a badge of honor,” he added.

Democrats hold the majority in the Senate, meaning Republicans will have a more difficult time including provisions on issues like DEI that split largely along party lines.

One provision would force the Pentagon to adopt a “merit-based” definition of “equity” as “the right of all persons to have the opportunity to participate in, and benefit from, programs, and activities for which they are qualified,” the summary states. In addition, DOD would not be allowed to base training on the idea that any race or gender is superior to another, according to the legislation.

The bill also requires the Pentagon to disclose the cost and content of DEI training given to civilian and military employees and places caps on how much employees of the department’s numerous diversity offices can make.

However, it appears the legislation does not go as far as the companion bill in the Republican-dominated House in combating DEI in the military. The House bill requires similar reporting, but would eliminate the Pentagon’s chief of Diversity and Inclusion altogether.

The Senate version requires service academies to report on efforts to increase diversity among the officer corps, including ways to increase recruiting outreach to Title I schools, according to the summary. Internal DOD reports have found that the number of minority officers drops off significantly among higher ranks.

Sen. Joni Ernst attempted to overturn the Pentagon’s covered travel policy for female servicemembers and dependents who seek abortions out of state, but her separate bill failed to obtain the necessary votes, according to Politico. Instead, the NDAA draft directs a report on the legality of the policy and how DOD is monitoring its implementation.

Senators debated about 400 amendments in addition to the roughly 1000 provisions in the base bill, a senior committee aide told reporters, speaking on condition of anonymity to discuss the legislation.

Only Democratic Massachusetts Sen. Elizabeth Warren voted against the bill, according to Defense News. It will proceed to the full Senate floor for further debate.

Leaders of both parties expressed concern that President Joe Biden’s proposed defense budget is inadequate to address U.S. defense needs, including supporting Ukraine and building up the military’s arsenal amid a ballooning Chinese threat.

A nonbinding amendment notes “that there are growing national security concerns that require additional funds beyond the defense spending limit” and calls for supplemental funding, according to the summary.

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Chris Christie Rips Trump After Being Booed At Evangelical Event

Harold Hutchison on June 23, 2023

Former Republican Gov. Chris Christie of New Jersey ripped former President Donald Trump Friday after the crowd at the Faith and Freedom Coalition Conference booed him.

Christie criticized Trump during his Friday speech at the event, drawing the crowd’s vocal disapproval. Christie, a critic of the former president, said Trump “let us down” and blasted him for being “unwilling to take responsibility.”

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“We can’t pretend that Donald Trump is a man of character,” Christie said in a video posted on Twitter after his speech. “This is a guy who paid off a [censored] star. This is a guy who has regularly lied. This is a guy who has abused people who have worked for him.”

Christie announced his presidential campaign on June 6, and attacked Trump for criticizing some of the officials who previously served in his administration.

“I came here to this organization because I respect them,” Christie said. “I respect every one of the people in that room who are there because they care about the country and they want to elect the best person they can. But I’m not going to come here, like other candidates will, and pander to them, I’m going to say exactly what I think.”

“I knew there was a lot of Trump fans out there, and I knew I was likely to get booed,” Christie said. “But you know what? I guarantee you one thing: I made every person in that room think today, and that’s part of your job as a leader, is not to tell them what they want to hear.”

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact [email protected].

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‘Fishing’: CNN Legal Analyst Says It Wouldn’t Have Been ‘Uncommon’ For Hunter Probe To Be Steered Away From Joe Biden

Harold Hutchison on June 23, 2023

A CNN legal analyst claimed Friday it would not have been “uncommon” for the Hunter Biden probe to have been steered away from President Joe Biden.

Republicans on the House Ways and Means Committee released transcripts of depositions from Internal Revenue Service (IRS) whistleblowers who said Attorney General Merrick Garland and IRS Commissioner Danny Werfel lied to Congress about reported interference with the Hunter Biden probe Thursday.

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“Those sorts of disagreements are pretty common between agents and prosecutors,” Shan Wu, a former federal prosecutor, told “CNN News Central” host Boris Epshteyn. “Sometimes one side wants to be more aggressive, sometimes the other. So the fact that there’s disagreement, not unusual.”

The Justice Department announced Tuesday that Hunter Biden would plead guilty to two misdemeanor tax charges, while a felony charge of lying on the form filled out when purchasing a firearm would be addressed via a pre-trial diversion program.

Whistleblowers also revealed Hunter Biden sent a message to a Chinese business partner claiming then-former-Vice President Joe Biden was with him during a payment dispute, according to Republican lawmakers.

“In terms of them not being allowed to pursue that, that’s not uncommon, not just from prosecutors, but from supervisors,” Wu said. “I’ve worked on cases where agents, even me, want to go one direction, and the FBI supervisor may say, ‘No, we’re not going there. It’s discretionary.’ They feel it’s a fishing expedition. So as part of trying to stay focused on it, and it’s a discretionary call.”

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‘It Goes Too Far’: Nancy Mace Rips DeSantis Over ‘Heartbeat’ Bill

Harold Hutchison on June 23, 2023

Republican Rep. Nancy Mace of South Carolina ripped Republican Gov. Ron DeSantis of Florida Friday over the “heartbeat” abortion legislation he signed.

DeSantis signed legislation restricting abortion after the sixth week of pregnancy, when a fetal heartbeat can be detected, in April. The Supreme Court overturned Roe v. Wade in June 2022 after upholding a Mississippi law in Dobbs v. Jackson Women’s Health Organization that banned most abortions after the 15th week of pregnancy.

“It goes too far, and what that Florida bill also did is it mandated reporting of rape to the state, and those are things that, if you’re a victim of rape or a girl’s a victim of incest, those are very hard pills to swallow and it’s not supported by the vast majority of Americans,” Mace told Fox News host Neil Cavuto. “The vast majority of Americans support some sort of gestational limit in the second trimester.”

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Abortion was a top issue for Democrats in the 2022 midterm elections following the Dobbs decision. During those elections, Republicans underperformed expectations of a “red wave” nationally, although DeSantis defeated former Democratic Rep. Charlie Crist, who served as governor from 2007-2011 as a Republican, by over 19%.

“My voting record speaks for itself. In fact, they dinged me for a fetal heartbeat bill in South Carolina, but at the time we were the only state in the nation to have any exceptions for rape or incest on that bill because I told my story about being raped as a teenager,” Mace said. “One of the things that I want to emphasize with voters, whether they’re Republican, Democrat or Independent, is that we should, as a society, all of us find some common ground, and that being, we need to show that we support women that are facing difficult decisions and are in difficult positions.”

“The second thing that we can do is I think that we can all agree that we want to reduce the number of abortions in this country,” Mace continued. “That’s something I think most Americans regardless of your party or political affiliation, we often agree to do that. It’s just how we get there and do it together as a nation is the greatest question, and I’m trying to show a path forward on those issues.”

DeSantis did not immediately respond to a request for comment from the Daily Caller News Foundation.

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SYDNEY (Reuters) – Australia has imposed financial sanctions and travel bans on three men involved in the downing of Malaysia Airlines Flight 17 (MH17) over Ukraine in 2014, Foreign Minister Penny Wong said on Saturday.

MH17 was shot down by a Russian BUK missile system as it flew over eastern Ukraine from Amsterdam to Kuala Lumpur on July 17, 2014, killing all 298 passengers and crew, including 196 Dutch citizens and 38 Australian citizens or residents.

In November, a Dutch court convicted two former Russian intelligence agents and a Ukrainian separatist leader in absentia of murder for their role in the incident, and handed them life sentences.

Wong said the sanctions announced Saturday targeted Sergey Dubinskiy and Leonid Kharchenko, two of those convicted by the Dutch court last year.

The third man targeted was Sergey Muchkaev, a colonel with the Russian Armed Forces who commanded the brigade that supplied the missile system responsible for downing the plane, Wong said.

She said Australia had already sanctioned another man convicted over the plane’s downing, Igor Girkin, for his involvement in supporting separatism in eastern Ukraine in 2014.

“These sanctions demonstrate the Australian Government’s ongoing commitment to hold to account those responsible for the downing of Flight MH17,” Wong said in a statement.

“Australia is steadfast in our commitment to seek truth, justice and accountability for the victims of the downing of Flight MH17.”

In February, Australia acknowledged a decision by international prosecutors to suspend their probe into MH17 after finding “strong indications” Russian President Vladimir Putin approved use of the missile system that shot down the plane.

However, the prosecutors said evidence of Putin’s and other Russian officials’ involvement was not conclusive enough to lead to a criminal conviction.

(Reporting by Sam McKeith; Editing by William Mallard)

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(Reuters) -IBM is nearing a deal to acquire software company Apptio for about $5 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter.

A deal between the companies could be completed over the weekend, the Journal reported, adding that it was unclear whether the purchase price includes debt.

IBM declined to comment on the report. Apptio did not immediately respond to Reuters request for comment.

Apptio, taken private by Vista Equity Partners in 2018 for $1.94 billion, provides products including cloud-based and hybrid business management software, a possible asset for technology giant IBM.

The deal follows IBM’s 2021 purchase of software provider Turbonomic for over $1.5 billion and its 2019 acquisition of software company Red Hat for $34 billion.

(Reporting by Rahat Sandhu in Bengaluru; Editing by Sandra Maler, Diane Craft and William Mallard)

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(Reuters) – Meta and the European Union (EU) have agreed on a stress test in July on the EU’s online content rules, following EU industry chief Thierry Breton’s demand that the social media platform act immediately over Meta’s content targeting children.

“Productive discussion with Meta CEO Mark Zuckerberg in Menlo Park on EU digital rules: DSA, DMA & AI Act,” Breton said in a tweet, adding that 1,000 Meta employees are working on the Digital Services Act (DSA).

Breton had earlier in June said that Meta would have to demonstrate the measures it plans to take to comply with European Union online content rules known as the Digital Services Act (DSA) after Aug. 25 or face heavy sanctions.

The DSA bans certain types of targeted advertisements on online platforms such as those meant for children or when they use special categories of personal data, such as ethnicity, political views and sexual orientation.

Meta did not immediately respond to a Reuters request for comment.

(Reporting by Nilutpal Timsina in Bengaluru; Editing by Jacqueline Wong)

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By Elida Moreno

PANAMA CITY (Reuters) – The Panama Canal will postpone depth restrictions that were set to affect the largest ships crossing the key waterway, the canal authority said, after much-needed rain provided relief to the strained maritime passage.

A series of measures were scheduled to go into effect on June 25 and July 9 requiring ships to float at higher depths, meaning they needed to carry less cargo or otherwise shed weight and impacting trade at one of the world’s busiest commercial crossings.

Panama’s rainy season had been slow to give respite to a months-long drought. However, rains are expected to dump between 70 mm (2.76 in) and 80 mm (3.15 in) of precipitation into the Panama Canal basin over the next 72 hours, according to the country’s weather service.

Neo-Panamax ships can continue to sail at the previous depth limit of 44.0 feet (13.41 m) and Panamax ships can move at 39.5 feet (12.04 m), the canal authority said in an advisory to customers seen by Reuters.

The administration did not specify when the measures would be postponed until, but said it would continue to monitor water levels and “announce future draft adjustments in a timely manner.”

The canal authority had previously announced another tightening, set for July 19, but did not refer to this in its client advisory. Officials did not immediately respond to a Reuters request to clarify.

Since the beginning of the year, the canal had instituted a number of depth restrictions as a drought, caused by the El Nino weather phenomenon, had put pressure on its water supplies.

(Reporting by Eli Moreno; Writing by Kylie Madry; editing by Diane Craft)

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By Dan Whitcomb

(Reuters) -U.S. intelligence agencies found no direct evidence that the COVID-19 pandemic stemmed from an incident at China’s Wuhan Institute of Virology, a report declassified on Friday said.

The four-page report by the Office of the Director of National Intelligence (ODNI) said the U.S. intelligence community still could not rule out the possibility that the virus came from a laboratory, however, and had not been able to discover the origins of the pandemic.

“The Central Intelligence Agency and another agency remain unable to determine the precise origin of the COVID-19 pandemic, as both (natural and lab) hypotheses rely on significant assumptions or face challenges with conflicting reporting,” the ODNI report said.

The report said that while “extensive work” had been conducted on coronaviruses at the Wuhan institute (WIV), the agencies had not found evidence of a specific incident that could have caused the outbreak.

“We continue to have no indication that the WIV’s pre-pandemic research holdings included SARSCoV-2 or a close progenitor, nor any direct evidence that a specific research-related incident occurred involving WIV personnel before the pandemic that could have caused the COVID pandemic,” the report said.

The origins of the coronavirus pandemic have been a matter of furious debate in the United States almost since the first human cases were reported in Wuhan in late 2019.

U.S. President Joe Biden in March signed a bill declassifying information related to the origins of the pandemic.

Biden said at the time of signing that he shared Congress’ goal of releasing as much information as possible about the origin of COVID-19.

The debate was refueled by a Wall Street Journal report in February that the U.S. Energy Department had assessed with “low confidence” in a classified intelligence report that the pandemic most likely arose from a Chinese laboratory leak, an assessment Beijing denies.

FBI director Christopher Wray said on Feb. 28 his agency had assessed for some time that the origins of the pandemic were “most likely a potential lab incident” in the Chinese city of Wuhan. China said this claim had “no credibility whatsoever”.

As of March 20, four other U.S. agencies still judged that COVID-19 was likely the result of natural transmission, while two were undecided.

(Reporting by Dan Whitcomb, Editing by Rosalba O’Brien and Jacqueline Wong)

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By Daniel Trotta

(Reuters) – Democratic Arizona Governor Katie Hobbs on Friday issued an order to protect abortion rights, wielding her executive power to curtail the effects of a restrictive abortion law signed by her Republican predecessor.

Hobbs said on Twitter she ordered all abortion-related prosecutions centralized under the office of Attorney General Kristin Mays, also a Democrat and abortion rights advocate, stripping that authority from county prosecutors, many of them Republicans.

The measure is certain to generate opposition from local prosecutors whose decision-making would be curtailed, and the Republican House speaker told the Arizona Republic newspaper that legislative staff were reviewing the order to determine its legality.

The governor also directed state agencies to refuse aid to any out-of-state investigation regarding abortion services that would be legal in Arizona; to decline extradition requests from other states seeking to prosecute people for abortion; and create an advisory council on how to expand access in Arizona.

The executive orders were issued on the eve of the anniversary of the Supreme Court ruling overturning the right to an abortion.

The June 24, 2022, Dobbs decision struck down the 1972 Roe v. Wade ruling that had largely protected abortion rights in the United States.

That triggered existing laws in some states that would impose restrictions in the event Roe was ever lifted, and prompted other Republican-led states to pass new abortion limits.

In March 2022, in anticipation of the Supreme Court ruling, Arizona’s Republican governor at the time, Doug Ducey, signed a bill banning abortions after 15 weeks of pregnancy. The measure made exceptions for medical emergencies, but not for rape.

Ducey was legally barred from seeking a third term in November, when Hobbs defeated the Republican nominee, Kari Lake.

Ben Toma, the Republican speaker of the Arizona state House of Representatives, questioned Hobbs’ authority to take over all abortion-related prosecutions.

“At a minimum, this order shows disrespect and contempt for the judiciary,” Toma told the Arizona Republic. “The governor cannot unilaterally divert statutory authority to prosecute criminal cases from Arizona’s 15 county attorneys to the attorney general.”

(Reporting by Daniel Trotta; Editing by Cynthia Osterman)

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MEXICO CITY (Reuters) – The World Bank said it had approved on Friday a $700 million operation for Mexico to promote public policies to create economic opportunities and expand social security for women.

The operation is set to help close gender gaps, provide access to better jobs, improve safety on public transport and systems to prevent gender-based violence, an urgent issue in a country where on average some 20 women are killed every day.

The project also looks to expand social security coverage to cover all domestic workers – who are mostly women – to protect them against economic blows. Some 72% of domestic workers in Mexico do not receive any sort of work benefits, according to the country’s statistics agency.

The operation will also focus on expanding efficient, low-emission modes of transport.

“These measures are expected to improve the perception and safety of women when using non-motorized and public transport,” the World Bank said in a statement, helping women avoid cars and reducing the transport sector’s overall carbon footprint.

Public transportation is the second-most common place where sexual violence against women in Mexico takes place, according to an Enkoll poll published earlier this year by newspaper El Pais.

The transport reforms should help women better access employment and education, it said.

“Improving women’s access to economic opportunities is key to improving their productivity and income, thus reducing inequalities in Mexico,” Mark Thomas, the bank’s Mexico, Colombia, and Venezuela director said in a statement.

(Reporting by Sarah Morland and Kylie Madry; Editing by Sandra Maler and Jacqueline Wong)

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By Andrew Osborn and Kevin Liffey

MOSCOW/KYIV (Reuters) – Russian mercenary boss Yevgeny Prigozhin said on Saturday his Wagner fighters had crossed the border into Russia from Ukraine and were prepared to go “all the way” against Moscow’s military, hours after the Kremlin accused him of armed mutiny.

As a long-running standoff between Prigozhin and the military top brass appeared to come to a head, Russia’s FSB security service opened a criminal case against him, TASS news agency said. It called on the Wagner private military company forces to ignore his orders and arrest him.

Wagner fighters had entered the southern Russian city of Rostov, Prigozhin said in an audio recording posted on Telegram. He said he and his men would destroy anyone who stood in their way.

Prigozhin earlier said, without providing evidence, that Russia’s military leadership had killed a huge number of his troops in an air strike and vowed to punish them.

He said his actions were not a military coup. But in a frenzied series of audio messages, in which the sound of his voice sometimes varied and could not be independently verified, he appeared to suggest that his 25,000-strong militia was en route to oust the leadership of the defence ministry in Moscow.

Security was stepped up on Friday night at government buildings, transport facilities and other key locations in Moscow, TASS reported, citing a source at a security service.

Russian President Vladimir Putin was getting around-the-clock updates, TASS said, while the White House said it was monitoring the situation and would consult with allies.

Kyiv, meanwhile, said the major thrust in its counteroffensive against Moscow’s invasion had yet to be launched. “The main blow is still to come,” Deputy Defence Minister Hanna Maliar told Ukrainian television.

A top Ukrainian general reported “tangible successes” in advances in the south – one of two main theatres of operations, along with eastern Ukraine.

‘OBEY PRESIDENT,’ GENERAL SAYS

The deputy commander of Russia’s Ukraine campaign, General Sergei Surovikin, told Wagner fighters to obey Putin, accept Moscow’s commanders and return to their bases. He said political deterioration would play into the hands of Russia’s enemies.

“I urge you to stop,” Surovikin said in a video posted on Telegram, his right hand resting on a rifle.

The standoff, many of the details of which remained unclear, looked like the biggest domestic crisis Putin has faced since he sent thousands of troops into Ukraine in February last year.

Prigozhin, a one-time Putin ally, in recent months has carried out an increasingly bitter feud with Moscow. Earlier on Friday, he appeared to cross a new line, saying the Kremlin’s rationale for invading Ukraine, which it calls a “special military operation,” was based on lies by the army’s top brass.

Wagner led Russia’s capture of the Ukrainian city of Bakhmut last month, Russia’s biggest victory in 10 months, and Prigozhin has used its battlefield success to criticise the leadership of the defense ministry with seeming impunity – until now.

For months, he has openly accused Defence Minister Sergei Shoigu and Russia’s top general, Valery Gerasimov, of incompetence.

Army Lieutenant-General Vladimir Alekseyev issued a video appeal in which he asked Prigozhin to reconsider his actions. “Only the president has the right to appoint the top leadership of the armed forces, and you are trying to encroach on his authority,” he said.

UKRAINE SAYS MAJOR THRUST AHEAD

On the ground in Ukraine, at least three people were killed in Russian attacks on Friday, including two who died after a trolleybus company came under fire in the city of Kherson, regional officials said.

Addressing the pace of the Ukrainian advances, several senior officials on Friday sent the clearest signal so far that the main part of the counteroffensive has not yet begun.

“I want to say that our main force has not been engaged in fighting yet, and we are now searching, probing for weak places in the enemy defences. Everything is still ahead,” the Guardian quoted Oleksandr Syrskyi, the commander of Ukraine’s ground forces, as saying in an interview with the British newspaper.

General Oleksandr Tarnavskyi, commander of Ukraine’s “Tavria,” or southern front, wrote on Telegram: “There have been tangible successes of the Defence Forces and in advances in the Tavria sector.”

Tarnavskyi said Russian forces had lost hundreds of men and 51 military vehicles in the past 24 hours, including three tanks and 14 armoured personnel carriers.

Although the advances Ukraine has reported this month are its first substantial gains on the battlefield for seven months, Ukrainian forces have yet to push to the main defensive lines that Russia has had months to prepare.

(Reporting by Reuters; Writing by Cynthia Osterman; Editing by Daniel Wallis)

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By Deena Beasley

(Reuters) -In a mid-stage trial, the highest dose of Eli Lilly’s experimental pill orforglipron led to 14.7% weight loss after 36 weeks for people who were obese or overweight, setting a marker in the race to develop effective oral obesity drugs, researchers said on Friday.

Results from a different trial, also presented in San Diego at the annual meeting of the American Diabetes Association, showed that Lilly’s injected drug Mounjaro helped people with type 2 diabetes who were also obese or overweight lose an average of 15% of their body weight, or 33 pounds (14.8 kg).

Both drugs belong to a new class known as incretins that have reignited researcher and investor interest in the weight-loss treatment market, which is estimated to reach $100 billion by the end of the decade.

At the multi-dose trial’s 26-week main endpoint, Lilly said once-daily orforglipron showed statistically significant dose-dependent body weight reductions ranging from 8.6% (12mg) to 12.6% (45mg), compared with 2% for the placebo group.

For patients on orforglipron, the company said body weight continued to decrease at 36 weeks, with reductions ranging from 9.4% to 14.7%.

Lilly said the safety profile of orforglipron was similar to other incretin-based therapies, with gastrointestinal side effects the most common, generally mild-to-moderate and usually occurring during the initial dose escalation period.

Orforglipron, like Mounjaro and Novo Nordisk’s Ozempic and Wegovy, are designed to activate hormones that regulate blood sugar, slow stomach emptying and decrease appetite.

Novo Nordisk is scheduled to present trial results for its oral obesity drug candidate at the diabetes meeting on Sunday. Pfizer is also developing pills to treat obesity.

In the phase 3, 938-person study of obese diabetics, Mounjaro, also known as tirzepatide, was given as a once weekly injection.

Lilly had announced in April the 72-week trial’s “top line” results and said it expects the U.S. Food and Drug Administration to decide as early as late 2023 whether to approve Mounjaro as an obesity treatment.

Lilly reported last year that a trial of Mounjaro in people who were obese or overweight but did not have diabetes found it led to weight loss of 22.5%, or about 52 pounds (24kg).

“We recognize that obesity is a global epidemic and there is a need for a variety of effective medications and administration routes,” weight-loss specialist Dr. Sean Wharton said in a statement.

Lilly is slated to announce later on Friday results from a different Phase 2 trial of orforglipron designed to evaluate the drug as a treatment for adults with type 2 diabetes.

The company is conducting Phase 3 trials of orforglipron for chronic weight management and for type 2 diabetes.

Results from the Phase 2 study of orforglipron were also published in the New England Journal of Medicine, while the Mounjaro data was published in the Lancet.

(Reporting by Deena Beasley in Los AngelesEditing by Matthew Lewis and Diane Craft)

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By Sarah N. Lynch

WASHINGTON (Reuters) -U.S. Attorney General Merrick Garland on Friday denied allegations by an Internal Revenue Service whistleblower, who said the high-ranking federal prosecutor tasked with investigating President Joe Biden’s son Hunter was hindered by the Justice Department from pursuing more aggressive criminal tax charges.

Speaking publicly for the first time since Hunter Biden was criminally charged on Tuesday with two misdemeanor counts of willfully failing to pay income taxes, Garland told reporters at a press conference that U.S. Attorney David Weiss, the top federal prosecutor in Delaware, “was given complete authority” to make charging decisions on his own.

“David Weiss was appointed by President Trump as the U.S. attorney in Delaware and assigned this matter during the previous administration,” Garland said.

“He was given complete authority to make all decisions on his own,” the attorney general added.

Weiss’ office on Tuesday revealed in a court filing that Biden has agreed to plead guilty to the two misdemeanor tax charges. He has also agreed to enter into a pretrial diversion program to avoid facing a more serious felony count of possessing a firearm while a drug addict.

Republicans have since attacked the charging decision, calling it a sweetheart deal that will likely allow the younger Biden to avoid prison time.

On Thursday, lawmakers in the U.S. House of Representatives released the transcript of an interview with Gary Shapley, an IRS criminal supervisory agent who worked on the Hunter Biden probe.

Shapley said that the Justice Department slow-walked the case, starting during the Trump administration and continuing through Garland’s tenure.

Most notably, Shapley said investigators uncovered evidence of more serious tax crimes that could only be pursued in either Washington, D.C., or California, but not in Delaware.

But when Weiss sought permission from Garland to be designated as special counsel, so he could bring charges from anywhere in the country, his request was denied, Shapley said.

Garland denied that claim on Friday. “Mr. Weiss never made that request to me,” he said, adding that Weiss actually had “more authority” than a special counsel.

In a statement, Hunter Biden’s attorney Chris Clark said that “any suggestion the investigation was not thorough, or cut corners, or cut my client any slack, is preposterous and deeply irresponsible.”

(Reporting by Sarah N. Lynch; editing by Jonathan Oatis)

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By Andrew Osborn and Kevin Liffey

LONDON (Reuters) – Russia accused mercenary chief Yevgeny Prigozhin of armed mutiny on Friday after he alleged, without providing evidence, that the military leadership had killed a huge number of his fighters in an air strike and vowed to punish them.

The standoff, many of whose details remained unclear, looked like the biggest domestic crisis President Vladimir Putin has faced since he ordered a full-scale invasion of Ukraine – something he called a “special military operation” – in February last year.

As the standoff between Prigozhin, founder of the Wagner mercenary force, and the defence ministry appeared to come to a head, the ministry issued a statement saying Prigozhin’s accusations were “not true and are an informational provocation”.

Prigozhin said his actions were not a military coup. But in a frenzied series of audio messages, in which the sound of his voice sometimes varied and could not be independently verified, he appeared to suggest that 25,000 fighters were en route to oust the leaders of the defence establishment in Moscow.

He said: “Those who destroyed our lads, who destroyed the lives of many tens of thousands of Russian soldiers, will be punished. I ask that no one offer resistance …

“There are 25,000 of us and we are going to figure out why chaos is happening in the country,” he said, promising to tackle any checkpoints or air forces that got in Wagner’s way.

At about 2 a.m. on Saturday morning, Moscow time (2300 GMT), Prigozhin issued a new message saying his forces had crossed the border from Ukraine, and were in the southern Russian city of Rostov.

He said they were ready to “go all the way” against the top brass, and to destroy anyone who stood in their way.

At around the same time, the state news agency TASS quoted Kremlin spokesman Dmitry Peskov as saying all Russia’s main security services were reporting to Putin “round the clock” on the fulfilment of his orders with respect to Prigozhin.

Security was being tightened in Moscow, TASS said, focusing on what it called the capital’s most important government sites and infrastructure.

Earlier on Friday, Prigozhin had appeared to cross a new line in his increasingly vitriolic feud with the ministry, saying that the Kremlin’s rationale for invading Ukraine was based on lies concocted by the army’s top brass.

The FSB domestic security service said it had opened a criminal case against him for calling for an armed mutiny, a crime punishable with a jail term of up to 20 years.

“Prigozhin’s statements are in fact calls for the start of an armed civil conflict on Russian territory and his actions are a ‘stab in the back’ of Russian servicemen fighting pro-fascist Ukrainian forces,” the FSB said.

“We urge the … fighters not to make irreparable mistakes, to stop any forcible actions against the Russian people, not to carry out the criminal and traitorous orders of Prigozhin, to take measures to detain him.”

GENERALS URGE PRIGOZHIN TO BACK DOWN

Army Lieutenant-General Vladimir Alekseyev issued a video appeal asking Prigozhin to reconsider his actions.

“Only the president has the right to appoint the top leadership of the armed forces, and you are trying to encroach on his authority,” he said.

Army General Sergei Surovikin, the deputy commander of Russian forces in Ukraine whom Prigozhin has praised in the past, in a separate video said that “the enemy is just waiting for our internal political situation to deteriorate”.

“Before it is too late … you must submit to the will and order of the people’s president of the Russian Federation. Stop the columns and return them to their permanent bases,” he said.

Prigozhin, whose men spearheaded the capture of the Ukrainian city of Bakhmut last month, has for months been openly accusing Defence Minister Sergei Shoigu and Russia’s top general, Valery Gerasimov, of rank incompetence and of denying Wagner ammunition and support.

An unverified video posted on a Telegram channel close to Wagner showed the purported scene of an air strike against Wagner forces. It showed a forest where small fires were burning and trees appeared to have been broken by force. There appeared to be one body, but no more direct evidence of any attack.

It carried the caption: “A missile attack was launched on the camps of PMC (Private Military Company) Wagner. Many victims. According to eyewitnesses, the strike was delivered from the rear, that is, it was delivered by the military of the Russian Ministry of Defence.”

Prigozhin has tried to exploit Wagner’s battlefield success, achieved at enormous human cost, to publicly berate Moscow with seeming impunity, while carefully avoiding criticism of Putin.

But on Friday he for the first time dismissed Putin’s core justifications for invading Ukraine on Feb. 24 last year, something for which many Russians have been fined or jailed.

“The war was needed … so that Shoigu could become a marshal … so that he could get a second ‘Hero’ [of Russia] medal,” Prigozhin said in a video clip. “The war wasn’t needed to demilitarise or denazify Ukraine.”

Marat Gabidullin, a former Wagner commander who moved to France when Russia invaded Ukraine, told Reuters that Wagner’s fighters were likely to stand with Prigozhin.

“We have looked down on the army for a long time … Of course they support him, he is their leader,” he said.

“They won’t hesitate (to fight the army), if anyone gets in their way.”

(Reporting by Reuters; Writing by Andrew Osborn and Kevin Liffey; Editing by Daniel Wallis)

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(Reuters) -The number of victims of the MOVEit hack grew by several million on Thursday after the biggest U.S. pension fund, Calpers, and insurer Genworth Financial said personal information of their members and customers had been compromised.

Both said a third-party vendor, PBI Research Services, was affected in a data theft hack, providing a path for the hackers to then steal customer data. PBI could not be reached for comment.

Calpers said on June 6, 2023, PBI told them of a “vulnerability” in their MOVEit Transfer software that allowed hackers to download “our data”. The fund said approximately 769,000 members, that include retirees and beneficiaries, were impacted.

The MOVEit software is widely-used by organizations around the world to share sensitive data.

Genworth Financial was harder hit, saying personal information of nearly 2.5 million to 2.7 million of its customers was breached.

“The personal information of a significant number of insurance policyholders or other customers of its life insurance businesses was unlawfully accessed,” Genworth said.

The hack did not impact Genworth’s information systems and there has been no “material interruption” of its business operations, the company said.

Genworth also does not use the MOVEit software application, a spokesperson for the company said.

From U.S. government departments to the UK’s telecom regulator and energy giant Shell, a range of victims have emerged since Burlington, Massachusetts-based Progress Software found the security flaw in its MOVEit Transfer product last month.

The insurer said it is working to ensure “protection services” are provided to the impacted individuals, according to a regulatory filing.

Data taken from Calpers included members’ first and last name, date of birth and social security number. It serves more than 2 million members in its retirement system.

The MOVEit hack has hit several state and federal agencies. Last week, the U.S. Department of Energy got ransom requests from the Russia-linked extortion group Cl0p at both its nuclear waste facility and scientific education facility that were recently hit in a global hacking campaign.

Data was compromised at the two DOE entities after hackers breached their systems through a security flaw in MOVEit Transfer.

The wide-ranging impact of the hack shows how even the most security-minded federal agencies are struggling to defend against ransomware attacks. Ransomware gangs typically scour for such widely-used tools.

(Reporting by Niket Nishant in Bengaluru and Chris Sanders in Washington DC; Editing by Maju Samuel, Daniel Wallis and David Evans)

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By Nupur Anand

NEW YORK (Reuters) – JPMorgan Chase & Co is cutting nearly 40 investment bankers in the U.S., a source with knowledge of the matter said.

The reductions come after months of sluggish markets that have depressed dealmaking across Wall Street and prompted banks to lay off thousands of employees.

JPMorgan’s investment banking and trading revenue are both expected to decline 15% in the second quarter, its president Daniel Pinto warned last month.

Rivals Goldman Sachs Group, Morgan Stanley and Citigroup have also laid off investment bankers as uncertainty weighs on economic activity.

JPMorgan’s staff reductions are typical given the environment, the source said, noting that the bank is still hiring executives and bankers in key areas.

Bloomberg first reported about the job cuts on Friday.

(Reporting by Nupur Anand in New York; Editing by Lananh Nguyen and Jacqueline Wong)

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By Blake Brittain

(Reuters) – A Manhattan federal judge on Friday granted Hermes’ request to permanently block artist Mason Rothschild’s sales of “MetaBirkin” non-fungible tokens following a jury’s verdict that they violated the French luxury house’s trademark rights in its famed Birkin handbags.

U.S. District Judge Jed Rakoff said the permanent injunction was justified because Rothschild’s continued marketing of the NFTs would likely confuse consumers and irreparably harm the company.

Rakoff denied Rothschild’s requests to throw out the verdict or hold a new trial.

“Defendant’s entire scheme here was to defraud consumers into believing, by his use of variations on Hermes’ trademarks, that Hermes was endorsing his lucrative MetaBirkins NFTs,” Rakoff said. “Nothing in the First Amendment insulates him from liability for such a scheme.”

Representatives for Hermes and Rothschild did not immediately respond to requests for comment on the decision.

NFTs are unique tokens on blockchain networks that are often used to verify ownership of digital art. Hermes sued Rothschild last year over his MetaBirkins, 100 NFTs associated with images depicting the luxury house’s prized Birkin handbags covered in colorful fur.

Hermes called Rothschild a “digital speculator” and the NFTs a “get rich quick” scheme that infringed its “Birkin” trademark and created the false impression that the fashion house endorsed the tokens.

Rothschild, whose legal name is Sonny Estival, countered that the works were an absurdist statement on luxury goods and immune from the lawsuit based on protections in the 1st Amendment of the U.S. Constitution for art that uses trademarks in an artistically relevant way without explicitly misleading consumers.

A jury ruled for Hermes in February and awarded the company $133,000 in damages.

Hermes said in a filing in March that Rothschild continued to market his NFTs after the jury’s verdict. It asked the court to force him to stop and to turn over his remaining tokens and post-trial profits.

Rothschild told the court that Hermes’ request went “far beyond what is appropriate in a case, like this one, that involves artistic expression.”

Rakoff largely granted Hermes’ request, but decided not to order Rothschild to transfer the tokens out of an “abundance of caution” for 1st Amendment concerns.

The case is Hermes International v. Rothschild, U.S. District Court for the Southern District of New York, No. 1:22-cv-00384.

For Hermes: Gerald Ferguson, Deborah Wilcox and Oren Warshavsky of Baker & Hostetler

For Rothschild: Rhett Millsaps, Christopher Sprigman, Mark McKenna and Rebecca Tushnet of Lex Lumina; Jonathan Harris and Adam Oppenheim of Harris St. Laurent & Wechsler

Read more:

Hermes wins U.S. trademark trial over ‘MetaBirkin’ NFTs

Hermes asks court to block ‘MetaBirkin’ NFT sales after jury win

(Reporting by Blake Brittain in Washington)

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By Gram Slattery

WASHINGTON (Reuters) – Several Republican presidential candidates praised restrictions on abortion rights at a conference of Christian conservatives on Friday, illustrating how the issue still animates the party one year after the U.S. Supreme Court struck down nationwide constitutional protections for the procedure.

Former Vice President Mike Pence, who has emerged as one of the party’s most vocal and high-profile opponents of abortion rights, called on all candidates to support a federal ban on abortions after 15 weeks of gestation if elected.

“I want to say from my heart, every Republican candidate for president should support a ban on abortion before 15 weeks as a minimum nationwide standard,” he told the Faith & Freedom Coalition in Washington.

The event, which former President Donald Trump will address on Saturday, coincides with the first anniversary of the Supreme Court’s landmark Dobbs decision, which overturned the 1973 Roe v. Wade ruling that had legalized abortion.

The June 24, 2022, decision was widely celebrated among Republicans at the time and led to 14 states imposing near-total bans on abortions.

Public opinion polls show the public supports legal abortion. The Dobbs decision has been cited as a major reason for Republicans’ underperformance in the 2022 congressional elections, when the Democrats won the Senate and lost fewer seats in the House of Representatives than expected.

Many Republicans want to soften the prevailing stance on the issue to try to win over swing voters in competitive elections.

That trepidation was hardly on display at Friday’s large gathering of evangelicals, a group that will be a key voting bloc for Republicans in early voting states such as Iowa and South Carolina.

Apart from Pence, the other Republican candidates did not plunge deeply into policy specifics.

Florida Governor Ron DeSantis, who is second in opinion polls to the front-runner Trump, referred to a six-week abortion ban that he signed in his state earlier this year. That ban upset some prominent donors, and Trump later said in an interview that “many people within the pro-life movement feel that was too harsh.”

“It was the right thing to do,” DeSantis said of his decision to sign the bill.

South Carolina Senator Tim Scott criticized Treasury Secretary Janet Yellen, who said in May that eliminating women’s access to abortion would have “very damaging effects” on the U.S. economy by keeping some women from completing their education.

Arkansas Governor Asa Hutchinson pledged to sign federal legislation restricting abortion access should it pass Congress.

Trump has attempted to ally himself with opponents of abortion rights, while also dodging specific questions on legislation he would or would not support.

While Trump was not at the conference on Friday, he was by many measures the most looming presence.

Former New Jersey Governor Chris Christie, who has been the most consistent critic of Trump among major candidates, was met with boos at several points in his speech, particularly when he took swipes at the leading Republican in the 2024 primary race.

“We love Trump!” members of the crowd started chanting at one point.

(Reporting by Gram Slattery; Editing by Colleen Jenkins and Grant McCool)

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By Daniel Trotta

(Reuters) – A U.S. judge on Friday blocked a new Florida law restricting drag performances, the third time this month that federal courts have enjoined laws backed by Florida Governor Ron DeSantis that concern gender or LGBTQ matters.

In all three cases, the issues supported by DeSantis, a Republican presidential candidate, lost on grounds that the laws appear to infringe on people’s constitutional rights.

In Friday’s decision, U.S. District Judge Gregory Presnell of the Middle District of Florida granted an injunction preventing the state from enforcing a law that bans minors from attending obscene live performances, calling it too broad.

The judge refused to dismiss the law entirely, meaning the underlying lawsuit challenging it will go forward.

The governor’s office said the judge was “dead wrong” and predicted the state would win on appeal.

“Of course it’s constitutional to prevent the sexualization of children by limiting access to adult live performances,” governor’s spokesperson Jeremy Redfern said in an email.

Hamburger Mary’s, an Orlando bar and restaurant that presents drag show performances, comedy sketches and dancing, filed the lawsuit in response to the law that DeSantis signed in May.

Hamburger Mary’s argued the law was written so broadly as to have a “chilling effect” on First Amendment rights to free speech as guaranteed by the U.S. Constitution. The judge agreed, finding the plaintiff was likely to succeed at trial on First Amendment grounds.

“Florida already has statutes that provide such protection (from obscene performances). Rather, this statute is specifically designed to suppress the speech of drag queen performers,” Presnell wrote.

While many drag performers are gay, the genre has grown increasingly mainstream. Opponents of drag have associated it with wider LGBTQ issues that conservatives consider contrary to traditional values.

DeSantis has been at the forefront of a conservative campaign restricting LGBTQ rights.

On Wednesday, another judge struck down a Florida rule and a statute that banned state Medicaid payments for transgender healthcare.

That same judge on June 6 partially blocked Florida from enforcing its recent ban on people under 18 receiving gender-affirming care such as puberty blockers and hormone therapy.

In both of those cases, U.S. District Judge Robert Hinkle of the Northern District of Florida cited 14th Amendment guarantees to equal protection under the law.

(Reporting by Daniel Trotta; Editing by David Gregorio)

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By Stephen Culp

NEW YORK (Reuters) – U.S. stocks closed lower on Friday, capping a week dominated by Federal Reserve Chairman Jerome Powell’s testimony in which he signaled more interest rate hikes ahead but vowed the central bank would proceed with caution.

All three major U.S. stock indexes lost ground in a broad sell-off. Interest-sensitive megacap stocks weighed heaviest on the tech-laden Nasdaq composite index, led by Microsoft Corp, Tesla Inc and Nvidia Corp.

With few market-moving catalysts this week aside from Powell’s congressional testimony, all three indexes notched weekly losses, ending a weeks-long rally.

The Nasdaq snapped its eight-week winning streak, its longest since March 2019, while the S&P 500 broke its five-week rally, its longest since November 2021.

The S&P 500 and the Nasdaq logged their biggest Friday-to-Friday percentage drops since early March, when the regional banking liquidity crisis hit.

“It has been an overbought market, and giving a little bit back,” said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. “(The rally) has been momentum-driven, with fairly broad participation, and there’s nothing surprising about markets taking a pause, and the pause has been fairly orderly.”

San Francisco Fed Bank President Mary Daly said on Friday in an interview with Reuters that two more rate hikes this year is a “very reasonable” projection, while echoing Powell’s call for more caution in policy decisions.

Atlanta Fed President Tom Barkin said late Thursday he was unconvinced inflation is on a steady path down to the 2% target, but added he would not predict the outcome of the central bank’s July policy meeting.

Financial markets have baked in a 74.4% likelihood that the Fed will resume hiking the Fed funds target rate by another 25 basis points at the July meeting, according to CME’s FedWatch tool.

“You can probably count on a rate hike next month, but it’s that second hike that the markets are skeptical of,” Mayfield added. “I’ll be surprised if the inflation data and other economic data merit that second hike by the time we get to the September (Fed) meeting.”

The Dow Jones Industrial Average fell 219.28 points, or 0.65%, to 33,727.43, the S&P 500 lost 33.56 points, or 0.77%, at 4,348.33 and the Nasdaq Composite dropped 138.09 points, or 1.01%, to 13,492.52.

All 11 of the major S&P 500 sectors lost ground, with utilities suffering the largest percentage loss.

Chips weighed on tech shares, with the Philadelphia SE Semiconductor index sliding 1.8%.

Used car marketplace Carmax Inc posted better-than-expected quarterly profits, sending its shares surging 10.1%.

Starbucks Corp fell 2.5% after its unions said around 3,500 U.S. workers will strike next week to protest the chain’s ban on Pride month decorations at its cafes.

The CBOE Market Volatility index, a gauge of investor anxiety settled at up 0.53 point at 13.44, bouncing off a 3-1/2 year low.

Declining issues outnumbered advancers on the NYSE by a 2.39-to-1 ratio; on Nasdaq, a 2.03-to-1 ratio favored decliners.

The S&P 500 posted 18 new 52-week highs and four new lows; the Nasdaq Composite recorded 35 new highs and 138 new lows.

The Russell 2000 finalized the reconstitution of its stock components, which fueled a surge in trading volume.

Volume on U.S. exchanges was 15.93 billion shares, compared with the 11.68 billion average for the full session over the last 20 trading days.

(Reporting by Stephen Culp; Additional reporting by Shubham Batra and Shristi Achar A in Bengaluru; Editing by Richard Chang)

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By Nandita Bose and Steve Holland

WASHINGTON (Reuters) – U.S. President Joe Biden on Friday marked the one-year anniversary of a Supreme Court ruling overturning the right to an abortion by telling a rally of abortion-rights supporters that Republicans will regret their efforts to limit reproductive rights.

“The majority wrote, ‘Women are not without an electoral or political power.’ You ain’t seen nothing yet,” Biden said of the Supreme Court’s landmark Dobbs decision. “Make no mistake: this election is about freedom on the ballot once again.”

Biden made the remarks at a rally as he picked up three endorsements from reproductive rights groups: Planned Parenthood Action Fund, NARAL Pro-Choice America and EMILY’s List. The endorsements were expected, and Democrats predict the issue will galvanize voters in 2024 when Biden runs for re-election.

Also on Friday, Biden signed an executive order designed to protect and expand access to contraception, a right he has said also may come under assault from his political opponents.

Over the past year, Biden has signed multiple executive orders aimed at shoring up access to abortion rights, including the ability to access abortion pills or travel out of states that have banned the procedures.

Vice President Kamala Harris, who also attended the rally, has taken a key role on the issue, traveling around the country to meet with state legislators, local leaders and advocates.

Just a mile away from the abortion rights rally, Republican presidential candidates including Florida Governor Ron DeSantis and former Vice President Mike Pence praised restrictions on such rights in remarks to a deeply religious crowd at the Faith & Freedom Coalition event.

Biden’s campaign manager Julie Chavez Rodriguez said the organizing power of the three abortion rights groups was essential to Democrats’ strong performance in the 2022 midterms and will be again.

“MAGA Republicans promising a national abortion ban makes the stakes for reelecting President Biden and Vice President Harris all the more important,” she said in a statement, referring to former President Donald Trump’s “Make America Great Again” slogan.

Republican National Committee Chairwoman Ronna McDaniel issued a statement calling Biden’s views on the issue “completely out of touch with Americans.”

McDaniel said “Republicans must go on offense on this issue, expose their Democrat opponents’ extremism, and continue to fight for commonsense pro-life protections that we know Americans firmly support.”

Biden has also received early endorsements from labor unions and environmental groups, consolidating support, discouraging challengers from within his own party, building coalitions and starting fundraising and advertising drives around issues that are key to getting Democratic voters to the polls in 2024.

The June 24, 2022, Dobbs decision struck down the 1972 Roe v. Wade ruling that had largely protected abortion rights in the U.S.

In last November’s congressional elections, Republicans narrowly won control of the House of Representatives but fell short of expectations. Democrats retained narrow control of the Senate. Strategists in both parties have attributed Democratic strength in 2022, in part, to higher support from people who back abortion rights.

Some Republicans have called on party leaders to soften their stance on the issue in a bid to win over swing voters in competitive elections.

Some 64% of respondents in a Reuters/Ipsos poll in May said they were less likely to support a presidential candidate who backed laws severely restricting abortion, compared to 36% who said they were more likely to back such a candidate.

The biggest expansions of abortion rights over the past year occurred in states, including Michigan and Minnesota, where Democrats control both the legislature and the governor’s office.

(Reporting by Nandita Bose and Steve Holland in Washington; Additional reporting by Gram Slattery; Editing by Trevor Hunnicutt and David Gregorio)

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