Good morning. Soon after President Trump won the presidential election in November, British drugmaker GSK brought an unusual claim to federal prosecutors in Manhattan, according to people familiar with the matter.

A senior GSK scientist, who formerly worked at rival Pfizer, had told GSK colleagues that Pfizer delayed announcing the success of its Covid vaccine in 2020 until after that year’s election.

• The allegation: The scientist disputes that account of what he told colleagues. But prosecutors are taking a closer look at what GSK shared with them, which is potentially politically explosive. Trump for years has claimed that Pfizer sat on the positive results of clinical trials, which could have reflected well on his management of the pandemic. There has never been evidence to support the accusation, and the development of the Covid vaccines is widely viewed as a medical miracle, coming faster than any other vaccine in history.
   
• The scientist: The scientist, Phil Dormitzer, led Pfizer’s viral vaccine research and development before moving to GSK in 2021. He has since left GSK, and his attorney is among those who have spoken to prosecutors.
   
• SDNY probe: The U.S. attorney’s office in Manhattan has interviewed at least two people in connection with the allegation, including a GSK executive who took notes of a conversation with the former Pfizer scientist, according to one of the people familiar with the matter.

The Trump administration has put a high priority on stopping drug cartels and transnational crime groups, including pivoting its anti-bribery efforts to focus on these groups.

Join us on April 1 to discuss the implications for risk and compliance programs with Gem Conn, vice president of Risk & Compliance Research at Dow Jones, Alexander Kramer, a partner at Crowell & Moring, and Louis Milione, president of global investigations and regulatory compliance at Guidepost Solutions.

The event will be hosted by Nicholas Elliott, head of communities at Dow Jones Risk & Research. Register here.

Top Republicans rebuff Trump’s demand to impeach judges.

President Trump’s call to impeach judges who have ruled against him is going nowhere in the GOP-controlled Congress, even as Elon Musk and other MAGA voices continue to rage against court orders slowing initiatives on immigration and other contentious issues.

While some Republican lawmakers have heartily backed impeachments, others see them as a wrongheaded distraction from their party’s legislative agenda and are pursuing alternative ways to rein in the judiciary. Removing a judge requires a majority vote in the House, followed by a two-thirds vote in the Senate—the former an uncertainty, the latter a near impossibility.

• The European Union’s general court largely backed the European Commission’s decision to fine UBS, Nomura and UniCredit in connection with a European government-bonds cartel.
   
• Anthropic scored a win this week after a U.S. court denied an injunction that Universal Music Group and other record labels had sought to prevent the artificial-intelligence company from using copyrighted lyrics to train its AI models.
   
• The Supreme Court held Wednesday that federal firearms laws cover so-called ghost guns, weapons that are assembled from kits that law enforcement says are becoming the go-to choice for armed criminals.
   
• Brazil’s Supreme Court ordered former President Jair Bolsonaro to go on trial for allegedly plotting a coup in the country, dealing a blow to one of President Trump’s closest allies in Latin America.
   
• Paul Atkins, President Donald Trump’s nominee to chair the Securities and Exchange Commission, will face tough questions on Thursday at his confirmation hearing before a Senate committee, according to Barron’s. 

Trump plans to impose 25% tariff on imported vehicles.

President Trump said he would impose 25% tariffs on global automotive imports to the U.S., making good on pledges to penalize foreign makers of cars and trucks.

“What we’re going to be doing is a 25% tariff on all cars not made in the U.S.,” Trump said Wednesday in the Oval Office, appearing to dispel any chance of an exemption for countries such as Canada and Mexico, which have a free-trade agreement with the U.S.

The U.S. will start collecting the auto tariffs on April 3, Trump said, the day after he is set to announce a broader slate of trade actions. Trump’s so-called reciprocal tariffs, slated for that day, were originally planned to equalize U.S. tariffs with those charged by foreign nations, but Trump said Wednesday that the tariffs he plans to implement would likely be lower than that.

Challenge to Hamas in Gaza grows as protests enter second day. 

Palestinians took to the streets against Hamas in Gaza again on Wednesday, a day after hundreds protested, in a sign of deepening anger at the militant group as frustration over the destruction of their homes and lives spills into the open.

“Out, out, Hamas out,” crowds shouted in the Shujaiya neighborhood of Gaza City, echoing chants from Tuesday’s protests, according to a video verified by Storyful.

• Oscar-Winning Palestinian Film Director Released After Being Attacked by Israeli Settlers and Detained

• The U.S. government will probably run out of money to pay its bills by August or September, the Congressional Budget Office said Wednesday, providing the first official estimate of the so-called X date that will require lawmakers to raise the federal debt limit.
   
• The Trump administration demonstrated that it wants tougher limits on China’s access to American technology than those introduced by the Biden administration, targeting Chinese companies including a server maker that buys Nvidia chips.
   
• President Trump acknowledged that his rapid drive to end the war in Ukraine had hit a snag, observing that Russia appeared to be slow-walking the U.S.-brokered negotiations as it angles for further concessions from the West.
   
• The U.K. economy will grow slower than previously forecast in 2025, and the government will have to borrow more heavily over the coming years, Treasury Chief Rachel Reeves told lawmakers Wednesday.
   
• Chinese industrial companies’ profits declined at the start of the year but showed some signs of improvement, suggesting that government stimulus is having some effect as Beijing doubles down on its high-end manufacturing drive.

Trump’s strategy for Signal chat fallout: attack, attack, attack.

The White House is going to war over war plans, dusting off a familiar playbook that President Trump has used for decades to blunt controversies: attack, attack, attack.

The president, senior advisers and top cabinet officials launched a campaign to dismiss one of the biggest crises of Trump’s second term, as Washington grappled with the news that top administration national security officials discussed sensitive military operations on a nongovernment message app that included a prominent magazine editor.

• Delaware is fighting to maintain its status as the country’s corporate capital. Delaware Gov. Matt Meyer has signed a law that will make it harder for shareholders to sue companies, an attempt to quell threats by U.S. corporations to move their legal residences to other states.
   
• Dollar Tree said more customers across incomes shopped at its stores in the latest quarter, a sign that concerns about the economy are giving the discount retailer a boost.
   
• Phillips 66 is nominating two new directors to its board amid an intensifying proxy fight with activist Elliott Investment Management. 
   
• A planned visit to Greenland this week to be led by second lady Usha Vance was originally presented as a feel-good event to celebrate Greenlandic culture. Instead, it is stirring anger and anxiety.
   
• United Airlines technicians have rejected a contract proposal from the carrier, the Teamsters union said Tuesday. 

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