Six U.S. senators, led by Amy Klobuchar and Elizabeth Warren, filed a letter urging the U.S. District Court for the Southern District of New York to apply rigorous Tunney Act scrutiny to the Department of Justice's proposed consent decree with Live Nation and Ticketmaster. The Tunney Act requires federal courts to independently assess whether antitrust settlements serve the public interest before granting approval, giving courts meaningful leverage to reject or demand revisions to DOJ-negotiated deals. The senators' intervention signals concern that the proposed settlement may not adequately address the structural dominance Live Nation and Ticketmaster hold across ticketing, venue management, and artist promotion. Courts exercising Tunney Act authority can compel additional disclosures, hold public hearings, and decline to enter consent decrees they find insufficient. The immediate question is whether the court will treat the filing as a substantive prompt to probe remedies beyond what the DOJ negotiated, a process that could delay settlement finalization and keep competitive pressure on the live entertainment duopoly.
India's Expenditure Finance Committee has cleared a Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0, up 64 percent from ISM 1.0's Rs 76,000 crore. The proposal now goes to the Cabinet, as two chip plants begin commercial output and a third, CG Semi, is set to open July 4, 2026.
The Supreme Court blocked Trump from firing Federal Reserve board member Lisa Cook, preserving the Fed's independence from presidential removal power. A separate ruling the same day gave Trump broader authority to dismiss leaders of other independent federal agencies.
The US Supreme Court has blocked President Trump's attempt to fire Federal Reserve governor Lisa Cook, who faced unproven mortgage fraud allegations. The ruling preserves Fed independence for now and keeps a politically charged removal case alive in the courts.
The US Supreme Court, splitting along ideological lines, has allowed the Trump administration to end Temporary Protected Status for Haitian and Syrian immigrants.
