Executive summary:
- President Donald Trump departed the White House at 06:45 ET 11:45 BST for a high-stakes summit with Russian President Vladimir Putin in Alaska. Find a rundown of scheduling for talks, the objectives of each side, and the potential outcomes inside.
- Attorney General Pam Bondi named an emergency police commissioner for Washington, DC, escalating Trump's federalisation of the US capital.
- The Trump administration is in talks to take a stake in Intel, the only major chip manufacturer to make its products in the US. The White House is rolling out artificial intelligence tools for federal government employees.
- The Trump administration downplayed a hotter-than-expected PPI print, with one Treasury official saying, "do not fall for any inflation hype."
- Texas Democrats will return to Austin to resume deliberations on a new Congressional map for the state, on the condition that California introduces a parallel proposal that cancels out any House seats gained by the GOP in Texas.
- Countries subject to steep US tariffs are engaging in various unconventional responses that appear to be designed to fall under the threshold of ‘retaliation’ outlined in Trump’s tariff letters.
- The American Bankers Association, Bank Policy Institute, and Consumer Bankers Association hit back at crypto groups in a dispute over fees.
- Poll of the Day: Trump's approval is declining faster among US adults on Medicaid, a warning ahead of the 2026 midterms.
Please find the full article attached below: US DAILY BRIEF