US Justice Department launches $1.776 billion Anti-Weaponization Fund
The U.S. Department of Justice announced the establishment of an $1.776 billion 'Anti-Weaponization Fund' as part of a settlement in President Donald Trump's lawsuit against the Internal Revenue Service, which he has agreed to drop. The fund aims to compensate individuals who claim to have been wrongfully targeted under the Biden administration, although Trump himself is not eligible for compensation. A five-member commission appointed by the Attorney General will oversee the fund, which will cease operations by December 1, 2028, with any remaining funds reverting to the federal government.
Supreme Court upholds $183 million judgment against Eli Lilly
The U.S. Supreme Court declined to hear Eli Lilly's challenge to a Civil War-era whistleblower law, allowing a $183 million judgment against the company for Medicaid fraud to stand. Lilly argued that the False Claims Act, which permits private individuals to sue on behalf of the government, violates the U.S. Constitution by granting excessive power to private citizens. The ruling follows a 2025 decision by the 7th U.S. Circuit Court of Appeals that upheld the jury's finding of liability against Lilly for misreporting drug prices.
House GOP Moves Forward with Housing Bill Vote
House Republican leaders are proceeding with a vote on a bipartisan housing affordability bill, despite former President Donald Trump's demand to attach the SAVE America Act, which includes stricter voting requirements. Internal sources indicate that GOP leaders do not plan to include Trump's proposal, viewing its passage as a Senate issue, while the housing bill requires significant Democratic support to advance. Trump has insisted that the SAVE America Act be passed alongside other critical legislation, but such a move could jeopardize the broader bills' chances in Congress.
PJM Declares Emergency as Power Prices Surge
PJM Interconnection LLC, the grid operator for the US East Coast, declared a low-level emergency for Tuesday as wholesale power prices surged due to extreme heat. The alert, which signals a maximum generation emergency and load management request, highlights the increasing strain on power supplies amid rising demand from data centers.
