Iran-U.S. Strait of Hormuz: Iran says it has shut the Strait of Hormuz to all shipping in retaliation for U.S. airstrikes, raising fears of major oil-market disruption as the U.S. reports escorting millions of barrels daily. Congress & national security: Senate Democrats let a key surveillance authority expire while escalating hardball against President Trump, arguing for leverage as Republicans warn of heightened terrorism risk. AI policy fight: The U.S. orders Anthropic to suspend access to its most advanced AI models for foreign nationals, while OpenAI faces new scrutiny from state attorneys general. SpaceX/Musk wealth politics: SpaceX’s IPO vaults Elon Musk into “world’s first trillionaire” territory, prompting renewed Democratic calls for taxing extreme wealth. Trade/China industrial policy: The House advances the DOMINANCE Act to counter China’s rare-earth processing dominance by building allied supply chains. Kentucky prediction markets: A coalition sues to block Kentucky’s 14.25% prediction-markets tax, arguing it’s discriminatory and conflicts with federal law. Kennedy Center name removal: Workers remove Trump’s name from the Kennedy Center after a court-ordered deadline, keeping the fight over congressional authority in the spotlight.