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NEW: The World Health Organization has declared MPOX a global health emergency.
MUST READ: Is Tim Walz Really Guilty of ‘Stolen Valor’? - The Free Press
SAD: More Americans don’t want kids, and it’s not just because of the money - CNBC
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Price Controls
Kamala Harris is doubling down on her price control agenda by proposing a housing assistance plan that would incorporate up to $25K in down payment assistance for first-time homebuyers. The news is an extension of yesterday’s announcement that price-gouging in relation to food prices would be a top priority in the first 100 days of a Harris administration.
But even outlets like The New York Times are calling into question whether grocery stores are actually committing price-gouging:
Economists have cited a range of forces for pushing up prices in the recovery from the pandemic recession, including snarled supply chains, a sudden shift in consumer buying patterns, and the increased customer demand fueled by stimulus from the government and low rates from the Federal Reserve. Most economists say those forces are far more responsible than corporate behavior for the rise in prices in that period.
Even The Washington Post (paywall) is blasting her idea:
Bonus: Here’s how price controls worked in Venezuela.
Gang Members at The Border
A Peruvian gang leader wanted for the murder of 23 Peruvians was caught by ICE just 150 miles from New York City. Gianfranco Torres-Navarro was previously caught and released at the border on May 16th in Texas before making his way north. Torres-Navarro is the leader of the notorious “Los Killers” gang in Peru, yet authorities only discovered his true identity more than two months after his initial release.
Throwback: Kamala Harris compared ICE to the KKK.
Instead of taking questions from the press, Kamala Harris and Tim Walz are doing interviews with each other about… tacos.
Presented Without Comment
Trending news:
‘Washington Post’ reviews star columnist Taylor Lorenz's 'war criminal' jab at Biden - NPR
Georgia Republicans lay groundwork to oppose certifying presidential election - AJC
Democratic fundraising spooks House Republicans - Axios
Tim Walz previously faced criticism over the way he characterized his military service, records show - ABC
The price of gold has hit a record high. - CNBC
To best China, Pentagon must shed "the same old mindsets" - Axios
Why a tough-on-crime initiative is splitting California’s Democrats - Politico
A leak with hacked Social Security numbers is stoking concern. There are simple ways to protect yourself. - NBC
Multimillion-dollar plot targeting Elvis Presley's heirs busted by feds - Fox News
Secret Service approves new plan for Trump to continue outdoor rallies - The Washington Post (free)
Kamala Harris is among 1 in 8 Americans who have worked at McDonald’s - The Washington Post (free)
Cybertruck Buyers Get Unusual Surprise: A Brand-New Truck Delivered With Dirt and Mud - WSJ (paywall)
The Hottest Club in Town Is… Run by Your Credit-Card Company? - WSJ (paywall)
Las Vegas Strip Casino Accused of Hosting Criminals - WSJ (paywall)
Market snapshot:
Remember when Biden set up $7500 EV tax credit? All vehicles went up $7500. Housing market will repeat.
Hit send too soon. Government took on student loans and college prices skyrocketed. And the loan forgiveness was unconstitutional. How is this housing thing different?