Morning Wire XX
[0] I'm Daily Wire, editor -in -chief John Bickley with Georgia Hal.
[1] It's Thursday, May 25th, and this is your Morning Wire.
[2] Afternoon update.
[3] Target has seen a 12 % drop in market value over the past week, equalling $9 billion in market capitalization.
[4] This comes as the national retailer faces a boycott from conservative and Christian groups over its controversial pride collection, featuring an array of products targeting young children.
[5] President Biden vetoed a bipartisan bill on Thursday, which would have nullified the Washington, D .C. Council's 22 criminal justice reform act.
[6] Senate critics say the D .C. Act is soft on crime and weakens police power while endangering Americans who visit the nation's capital.
[7] The Senate recently voted 53 to 46 to nullify it and keep in certain police protections and criminal punishments.
[8] However, the president's veto now allows D .C.'s reform amendment to proceed.
[9] In a statement sent to the Daily Wire, Senator J .D. Vance of Ohio blasted the president saying that residents, tourists, and D .C. Metro police deserve far better while adding that the veto is a shame.
[10] Congressional Republicans have called upon FBI director Christopher Ray to brief them on the process of the investigation into the January 6th pipe bomber.
[11] The letter indicates that FBI whistleblowers believe that the Bureau has information relating to a metro swipe card being used by the alleged bomber, as well as a potential license plate number.
[12] One former FBI agent told Congressman Jim Jordan that it doesn't add up why the federal government has not identified the man yet.
[13] The credit of the United States is in danger of being downgraded.
[14] Two credit rating agencies place the U .S. on a negative watch over the debt -sealing negotiations between President Biden and House Speaker Kevin McCarthy.
[15] Daily Wire researcher Trevor Mock has more.
[16] Fitch Ratings, considered one of the three most influential credit rating agencies in the nation, said in an Outlook Wednesday evening that the AAA A rating currently held by the U .S. could be reconsidered because of, quote, increased political partisanship that is hindering reaching a resolution to raise or suspend the debt limit.
[17] The firm did say it anticipates that the debt ceiling will be amended before the estimated deadline.
[18] The U .S. Supreme Court issued a 9 -0 decision today that restricts the power of the Environmental Protection Agency to control underground water.
[19] A couple in Idaho argued that they should have the right to construct a home on an empty lot near a lake.
[20] After a 15 -year battle with the EPA, the High Court agreed that the EPA does not control underground water and wetlands that are not contiguous with permanent standing bodies of water.
[21] This effectively ends a Biden administration definition of waterways that was first implemented by President Barack Obama, only to be repealed by the Trump administration.
[22] The founder and leader of the oathkeeper, Stuart Rhodes, was sentenced to 18 years in prison for his actions relating to the January 6th riot.
[23] Rhodes was convicted of seditious conspiracy and connection with the riot on November 22nd.
[24] Federal prosecutors originally asked for 25 years.
[25] Authorities have now charged more than 1 ,000 people over the riot.
[26] The Supreme Court ruled in favor Thursday of Geraldine Tyler, a 94 -year -old Minnesota grandmother who claims the state seized her condo and sold it for a profit over an unpaid tax debt.
[27] Tyler owed the government $15 ,000 in property taxes plus.
[28] interest in penalties.
[29] The state seized and sold her home for $40 ,000, pocketing the proceeds, a maneuver that civil rights activists call equity theft.
[30] The court unanimously sided with Tyler.
[31] Well, those are your drive home updates this afternoon.
[32] To learn more about these stories, go to Dailywire .com and for more in -depth discussion of the biggest stories of the day, listen to the latest full episode of Morning Wire every morning.