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1 House Democrats Planning To Bring Epstein Survivors To State Of The Union Tonight
At least half a dozen House Democrats plan to bring Jeffrey Epstein survivors as guests to the State of the Union address tonight. Rep. Ro Khanna is bringing Haley Robson, who says Epstein trafficked her starting at age 16. Rep. Jamie Raskin is bringing the family of Virginia Roberts Giuffre, who died by suicide last year. Other survivors will be seated with Reps. Robert Garcia, Melanie Stansbury and Pramila Jayapal, among others. Several of the lawmakers plan to hold a news conference with the survivors before the speech. Some Democrats are skipping the address entirely to attend a separate rally on the National Mall.
2 FedEx Sues US For Full Refund Of Tariffs After Supreme Court Ruling
FedEx filed a lawsuit yesterday against the U.S. government seeking a full refund of all the tariffs it paid under a set of emergency trade policies that the Supreme Court ruled illegal last week. The company filed its complaint in the U.S. Court of International Trade in New York, naming U.S. Customs and Border Protection and its commissioner as defendants. The company is asking for reimbursement of every dollar it paid in duties under the International Emergency Economic Powers Act, along with interest and legal fees. The ruling did not address whether companies are entitled to refunds, leaving that question to the lower courts to sort out, and trade lawyers are predicting years of litigation ahead. FedEx appears to be the first major American company to file for a refund after the Supreme Court's decision, though a number of other companies, including Costco, Revlon and Bumble Bee Foods, had already filed similar suits in anticipation of the ruling.
3 Dow Closed Down 800 Yesterday After Tariff Increase
Stocks dropped sharply yesterday after President Trump announced a new 15-percent tariff on most imported goods over the weekend, following the Supreme Court's ruling that his earlier tariffs under emergency powers law were illegal. The Dow fell 820 points, or 1.6-percent, while the S&P 500 dropped one percent and the Nasdaq fell 1.1-percent. IBM shares dropped more than 13-percent amid ongoing AI-related market turbulence. Bitcoin slid 4.3-percent to around $64,450, its lowest level since early February, while gold prices climbed to a three-week high. Trump also vowed to launch investigations to support additional tariffs in the months ahead.