💥NEW: @chamath on LA Mayor Election: “I’m for mathematical and statistical literacy. And what happened here is mathematically and statistically IMPOSSIBLE … I can tell you the statistical odds that this would have happened — and it’s one in a trillion!”

President Trump confirms our reporting in @BarakRavid interview that he's, for now, going to rely on an extended blockade to pressure Iran. "The blockade is somewhat more effective than the bombing...They can't have a nuclear weapon."

The Jones Act is the bedrock of the U.S. maritime and shipping industry. @TransportDems are protecting American-made ships and jobs as costs continue to rise from the Administration’s war with Iran.

The Dem group American Bridge has developed a complicated way to gauge sentiment among persuadable working class people. Among these voters, majorities blame Trump and GOP for their economic woes. Check out these findings, and how they do this, below: newrepublic.com/article/2116…

A new poll from the New York Times shows potential Democratic voters want the party to move to the right, are happy with where it is ideologically, and rate socialism highly. Huh? gelliottmorris.com/p/2026-06…

Iran beat our ass so hard we're about to pay them $300 billion in reparations and remove ~all the sanctions

If you're very concerned about extroardinary wealth leading to concentration of power in government, may I suggest a system of horizontal and vertical checks and balances, restricted to limited and enumerated powers?

🚨 FROM A SENIOR ADMINISTRATION OFFICIAL ON IRAN: Do we have a deal yet? "No, but we are very close." The official estimates that a deal is 75% there, not 100% yet. "While this is tentative, we feel confident that we will be signing this in the next few days.” We have agreed to the concepts and the details, but the deal is NOT done until we sign it. WHAT IS IN THE DEAL: (1) The highly enriched uranium will be destroyed — “The deal accomplishes that." (2) There is a long-term commitment that Iran cannot procure a nuclear weapon. (3) There is a meaningful inspection process. (4) Iran cannot fund terrorism as we work toward broader peace in the Middle East. (5) The Hormuz Strait will be open. Assets ARE NOT immediately unfrozen. Iran MUST meet its commitments first.

Iran’s Mehr news agency publishes the purported text of the draft agreement with Trump. It will keep the Strait of Hormuz under Iranian control, will promise Iran $300 billion in reconstruction money in addition to an immediate cash transfer of $24 billion, a suspension of sanctions and the withdrawal of U.S. forces from the Middle East. Also, a commitment not to bother Iran again about its missiles and proxies, and restraining Israel in Lebanon. The U.S. gets in exchange a pinky promise to respect the NPT. Let’s see what happens in coming days. Link: mehrnews.com/news/6857718 Full text: A permanent and immediate cessation of war on all fronts, including Lebanon. A U.S. commitment not to interfere in Iran’s internal affairs and to respect the sovereignty of the Islamic Republic of Iran. Full lifting of the naval blockade within 30 days. A U.S. commitment to withdraw its forces from areas surrounding Iran. Reopening of the Strait of Hormuz within 30 days under arrangements determined by Iran. Suspension of sanctions on the sale of oil, petrochemical products, and related derivatives, along with full Iranian access to the resulting financial revenues. The United States and its allies would be required to present reconstruction plans for Iran worth at least $300 billion. A 60-day negotiation period aimed at reaching a final agreement covering nuclear issues and the complete removal of U.S. primary and secondary sanctions, as well as the repeal of relevant resolutions of the UN Security Council and the IAEA Board of Governors. Reaffirmation by Iran of its commitment under the Nuclear Non-Proliferation Treaty (NPT) not to produce nuclear weapons. During the negotiation period, the United States would commit not to deploy additional forces to the region and not to impose any new sanctions. The release of $24 billion in frozen Iranian assets during the 60-day final negotiation period. Half of this amount must be made available to Iran before negotiations begin. Establishment of a monitoring mechanism to oversee implementation of the agreement. The final agreement would be approved through a UN Security Council resolution. Final negotiations would not begin before the release of half of Iran’s frozen assets, the suspension of oil sanctions, and the lifting of the naval blockade. The final agreement would focus exclusively on the future of enriched nuclear material and uranium enrichment, sanctions relief, and a program for rebuilding Iran’s economy. Discussion of Iran’s missile program and its support for resistance groups would be definitively excluded from the agenda. As stated by the Foreign Ministry spokesperson, this text still requires review and final approval by the relevant authorities in Iran.