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Capital Journal
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Good morning from the WSJ Washington Bureau. We produce this newsletter each weekday to deliver exclusive insights and analysis from our reporting team in Washington. Sign up.
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Politics: The House Jan. 6 panel subpoenaed former White House counsel Pat Cipollone, after testimony from former White House aide Cassidy Hutchinson raised new questions for the committee.
Economy: Federal Reserve Chairman Jerome Powell said the central bank must accept a higher risk of recession to combat inflation. U.S. consumer spending growth is estimated to have slowed to 0.4% in May, from 0.9% in April, according to economists surveyed by the Wall Street Journal. The Commerce Department is set to release the data at 8:30 a.m. ET. The Labor Department is expected to report a slight uptick in weekly jobless claims at 8:30 a.m.
Biden Administration: President Biden is scheduled to return today to Washington from Madrid, where he is attending the annual NATO summit.
The Russia-Ukraine War: Russian troops withdrew from Snake Island, a tiny territory in the Black Sea that Moscow captured at the start of the war and that became a symbol of Ukraine’s resistance.
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Former White House counsel Pat Cipollone has spoken informally with the Jan. 6 panel, but he hasn’t testified under oath. PHOTO: PATRICK SEMANSKY/ASSOCIATED PRESS
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The House Jan. 6 committee said it has subpoenaed former White House counsel Pat Cipollone, a day after former White House aide Cassidy Hutchinson said that Mr. Cipollone had warned of legal dangers if then-President Trump marched to the Capitol and had tried to get Mr. Trump to call off the mob after the riot started, report Sadie Gurman, Alexa Corse and Scott Patterson.
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The Biden administration released new patient-privacy guidelines days after the Supreme Court ruling that overruled Roe v. Wade, seeking to spell out federal protections for personal medical information that law-enforcement officials could use to investigate potential violations of state antiabortion laws, reports Anna Wilde Mathews.
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New Abortion Lawsuits Continue in States Where Access Is Reduced
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Several Democratic-led states are starting to update their gun laws in response to last week’s high court ruling that struck down New York’s permitting scheme for concealed weapons, reports Jimmy Vielkind. (▶️Video)
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California Takes Down Firearms Dashboard After Gun-Owner Data Are Leaked
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In other political news...
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Rep. Liz Cheney's Stark Message to Republicans
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Speaking Wednesday night at the Reagan Library in Simi Valley, Calif.—a shrine to a Republican Party hero—Rep. Liz Cheney (R. Wyo.) told members of her party who continue to support former President Donald Trump and minimize the Jan. 6 attack on the U.S. Capitol that they must decide where their loyalty lies.
“We are confronting a domestic threat that we have never faced before, and that is a former president who is attempting to unravel the foundations of our constitutional republic,” said Ms. Cheney, the vice chair of the select committee investigating the attack. (▶️Video) “We have to choose because Republicans cannot both be loyal to Donald Trump and loyal to the Constitution.”
In another line directed at Mr. Trump, she said to loud applause: “We must not elect people who are more loyal to themselves or to power than they are to the Constitution.”
A Trump spokesman didn’t respond to an email seeking comment.
Ms. Cheney’s appearance was part of a speakers series at the library on the GOP’s future following its loss of the White House, Senate and House during Mr. Trump’s administration. The series has drawn an array of potential 2024 GOP presidential candidates.
While the congresswoman’s own political future is uncertain—she faces a strong challenge from a Trump-endorsed opponent in an Aug. 16 primary—she suggested the world could use more women leaders. “For the most part, men are running the world and it really is not going that well,” she said.
Ms. Cheney also praised Cassidy Hutchinson, a witness for the committee this week. “Her bravery and her patriotism yesterday were awesome to behold,” she said.
Write to John McCormick at mccormick.john@wsj.com
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ECB President Christine Lagarde and Fed Chairman Jerome Powell are among central bankers weighing the pace of rate increases amid rising inflation. PHOTO: EUROPEAN CENTRAL BANK/REUTERS
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Federal Reserve Chairman Jerome Powell said he was more concerned about the risk of failing to stamp out inflation than about the possibility of raising interest rates too high and pushing the economy into a recession, report Nick Timiraos and Tom Fairless.
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"Is there a risk we would go too far? Certainly there’s a risk. The bigger mistake to make—let’s put it that way—would be to fail to restore price stability."
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— Fed Chairman Jerome Powell, speaking Wednesday at the European Central Bank’s annual economic policy conference in Portugal
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Household spending may be running out of momentum, economists say, as Americans face the highest inflation in four decades and incomes that have not kept up with price increases, reports Gabriel T. Rubin.
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In other economic news...
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▶️Video: President Biden said that the U.S. will position more military personnel and equipment in NATO countries including Poland, Spain and the U.K. PHOTO: SUSAN WALSH/AP
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The U.S. will make its biggest military expansion in Europe since the Cold War, including its first permanent troop presence in Poland, as NATO prepares for two more members to join the alliance in response to Russia’s invasion of Ukraine, report Alex Leary, Tarini Parti and Gordon Lubold.
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The announcement, which follows a NATO pledge this week to increase its high-readiness forces sevenfold, comes despite Washington’s efforts to shift U.S. attention toward China and offers fresh evidence how Russia’s war is upending international security.
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In New Poll, 89% of Ukrainians Reject Ceding Land to Reach Peace With Russia
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A patient received a Covid-19 monoclonal antibody treatment last December in the parking lot of a Detroit clinic. PHOTO: EMILY ELCONIN/BLOOMBERG NEWS
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The federal government’s stores of a key Covid-19 antibody drug, a crucial weapon for keeping the infected out of the hospital, are expected to be used up in late August because pandemic funding is running out, report Stephanie Armour and Liz Essley Whyte.
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In other regulatory news...
FCC Member Calls On Apple, Google to Banish TikTok
TSA Eases Pipeline Cybersecurity Rules Issued After Colonial Hack
UBS to Pay $25 Million to Settle SEC Fraud Charges Over Complex Options Products
Justice Department Sues to Block Merger of National-Security Contractors
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People waiting for their hearing at the Cherokee Nation Courthouse in Tahlequah, Okla., last December. PHOTO: SHANE BROWN FOR THE WALL STREET JOURNAL
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The Supreme Court on Wednesday ruled 5-4 that Oklahoma can prosecute non-Native-Americans in Indian country, clawing back part of its 2020 decision recognizing nearly half of the state as a reservation, report Jess Bravin and Sadie Gurman. The case renewed a sharp divide on the court over the U.S. treatment of Native American tribes and its legal repercussions today.
The court has indicated that the two opinions remaining of cases this session will be issued today. Justice Stephen Breyer, 83 years old, will retire at the end of the day’s session and at noon Ketanji Brown Jackson, 51, will be sworn in as his successor.
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Gun violence and crime became the top concern among Latino Americans, according to a new Axios/Ipsos Latino Poll. (Axios)
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Successful candidates across the Senate map this cycle have either been statewide officials with well-established networks of support or government outsiders with big benefactors. (National Journal)
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The only way to get NATO allies to do their fair share for the alliance is to set conditions for U.S. naval, air, and air defense deployments to Europe so that the Europeans invest in those same capabilities. (Washington Examiner)
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