Today's Headlines: Judge Reopens Trump’s I.R.S. Suit and Questions His ‘Weaponization’ Fund

May 30, 2026, 4:30 a.m. Eastern time

Top News

Judge Reopens Trump’s I.R.S. Suit and Questions His ‘Weaponization’ Fund

The ruling was a blow to both President Trump, who had voluntarily dismissed the suit last week, and to the Justice Department, which used the suit to establish a fund likely intended for Trump allies.

Bondi, Pressed Over Epstein Files, Places Responsibility on Blanche and Patel

Her remarks, delivered during a closed-door interview before the House Oversight Committee, were a candid admission of her own powerlessness.

Among Mamdani’s Priorities, Economic Development Seems Low on the List

Mayor Zohran Mamdani has not filled the vacant role of president of the Economic Development Corporation, deepening concern over his attention to the New York City economy.

World

Iran’s Hard-Liners Try to Derail Potential Deal With the U.S.

A political fight is playing out in Iran, where the small but loud faction of hard-liners has used rallies, state media and private and public statements to try to undermine negotiations.

Russian Drone Hits Romanian Apartment Building, Officials Say

Romania is a NATO country, and the security alliance condemned “Russia’s recklessness” for an episode that sharply escalated tensions with Moscow.

Blowing Up Boats Hasn’t Slowed Cocaine Traffic to U.S., Experts Say

Despite the rising body count off the South American coast, researchers say cocaine is as easy to get in many parts of the United States as it was before the strikes began.

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U.S.

Who Is the Prosecutor Investigating E. Jean Carroll’s Lawsuits?

Andrew S. Boutros, the Trump-appointed U.S. attorney for the Northern District of Illinois, is said to be overseeing the criminal investigation.

Homelessness Declined in 2024, According to Delayed Federal Report

The modest drop marked the first decrease in homelessness in nearly a decade. The Housing and Urban Development report was published months later than usual.

ICE Agent Wanted in Minneapolis Shooting Is Captured in Texas

Christian Castro, who had been charged with assault in the shooting of a Venezuelan man during the immigration crackdown in Minnesota, was taken into custody Friday morning.

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Politics

Louisiana Approves Map Eliminating a Majority-Black District

A Supreme Court court ruling last month rejected the state’s previous congressional map as an illegal racial gerrymander and set off a redistricting race across the South.

Trump Endorses Lieutenant Governor in South Carolina Governor’s Race

Pamela Evette had been among the most vocal proponents of redrawing the state’s congressional map to help Republicans in the midterms.

Actually, Most Immigrants Won’t Need to Leave U.S. to Get Green Cards, D.H.S. Says

But details remained scant after officials said last week that, with “extraordinary” exceptions, people seeking permanent residency must first leave the country.

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Business

Trump Clears Way for Corporate Tax Dodge Hidden in the Fine Print

U.S. companies skirted at least $40 billion in taxes since the beginning of 2025 thanks to schemes in places like Malta, Bermuda and Cyprus.

For Wall Street, the Only Thing Worse Than SpaceX Flopping Is Missing Out

Elon Musk and his bankers are working to create a self-fulfilling prophecy for the massive public offering: Make investors feel that the risks of passing it up outweigh those of buying into it.