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May 22, 2026

MJL Morning Briefing — Fri, May 22

MJL Morning Briefing
From Matt Leonard · Friday, May 22, 2026
TOP STORY
Senate punts reconciliation bill as GOP revolts over Trump's $1.8B anti-weaponization fund
Majority Leader John Thune delayed the ICE/Border Patrol reconciliation package Thursday after Acting AG Todd Blanche was grilled nearly two hours by about 25 GOP senators over the $1.776B fund; vote pushed to at least June 1, with Sen. Lisa Murkowski saying the White House 'dropped a bomb' on a well-planned bill.
Punchbowl News AM
National Politics
House GOP yanks Iran war-powers vote mid-series, postpones to June
Top Republicans pulled Rep. Gregory Meeks' war-powers resolution Thursday facing ~10 GOP absences and likely defeat after Reps. Brian Fitzpatrick (R-PA-01), Tom Barrett (R-MI) and Thomas Massie (R-KY) joined Democrats; a prior version failed 212-212 last week, with the next vote expected in June.
Punchbowl News AM
Trump swears in Kevin Warsh as Fed chair at 11 a.m. ceremony
President Trump will swear in Kevin Warsh as the new Federal Reserve chair at 11 a.m. Friday in the Oval Office, with White House staffers reportedly worried about rising bond yields and the risk of gas prices surpassing 2022 records.
Politico Playbook
White House pulls AI executive order after Sacks' 11th-hour intervention
The administration's long-awaited AI executive order — which would have designated national security and civilian agencies to scrutinize AI models — was abruptly yanked after former AI czar David Sacks told Trump the requirements were too onerous for the rapidly evolving industry.
Politico Playbook
PA & NJ Politics
Fitzpatrick leads bipartisan push to kill Trump's $1.8B anti-weaponization fund
Rep. Brian Fitzpatrick (R-PA-01), a day after Trump publicly attacked him for a dissenting vote, demanded Acting AG Todd Blanche provide transparency on the fund, arguing it was created without congressional appropriation — joining Sen. Thom Tillis, who called it a 'payout pot for punks.'
PoliticsPA
Fetterman loses third chief of staff since 2023
Cabelle St. John, Sen. John Fetterman's chief of staff since June 2025, resigned Wednesday — becoming the third chief of staff to leave the Pennsylvania Democrat's office in three years amid leaked texts showing Fetterman increasingly siding with Republican positions.
PoliticsPA / Daily Beast
Federal walkback unlocks PA broadband buildout for 130,000 unserved homes
Pennsylvania can resume its BEAD broadband deployment after federal officials backed down on a wage-rules dispute that had stalled the program, removing what could have been a major roadblock to connecting roughly 130,000 PA homes and businesses still without service.
Spotlight PA via PoliticsPA
Krasner calls on Bob Brady to resign as Philly Democratic chair
Philadelphia DA Larry Krasner publicly urged longtime Philadelphia Democratic Party chair Bob Brady to step down Thursday, arguing the party needs to change course ahead of the November general election.
PoliticsPA
Energy Industry
⚡FERC's Chang counters Swett: 'not thinking about' breaking up PJM
Commissioner Judy Chang told Utility Dive she is 'not thinking about' PJM breakup options — pushing back on Chairman Laura Swett's May 12 'too big to function' remark — and endorsed PJM's May 6 reform white paper; PJM-RTO real-time LMP cleared at $25.89/MWh on 86.4 GW of load Friday morning, with Western Hub at $28.04 and peak forecast 87.9 GW.
Utility Dive
New Mexico regulators escalate scrutiny of Blackstone-TXNM stock issuance
The NM Public Regulation Commission set an Aug. 17 evidentiary hearing over TXNM's June 2025 sale of 8M new shares to a Blackstone affiliate ahead of the $11.5B utility takeover, after consumer and renewable-energy advocates argued the deal gave Blackstone an early stake without state vetting.
Utility Dive
Pittsburgh Sports
Pirates take series finale 6-2 in St. Louis behind Ashcraft
RHP Braxton Ashcraft (3-2) went 7 IP with 9 K and 2 BB, and Brandon Lowe homered while Marcell Ozuna drove in two, as the Pirates beat the Cardinals 6-2 at Busch Stadium on May 21 to move to 26-24; Pittsburgh opens a three-game set at Toronto Friday night.
ESPN
Steelers shake up O-line at OTAs: Fautanu to LT, McCormick to LG
At Thursday's OTA session, Pittsburgh moved Troy Fautanu to left tackle and Mason McCormick to left guard in a configuration the coaching staff signaled is likely permanent, while new defensive coordinator Patrick Graham continued installing more split-safety looks.
Steelers Now
Market Snapshot
PJM West Hub (RT)$28.04/MWh +50.6%
PJM AEP-Dayton (RT)$26.83/MWh +48.0%
PJM Capacity 26/27$329.17/MW-day
Henry Hub$3.07/MMBtu
WTI Crude$97.91/bbl +1.6%
As of May 22, 10:07 a.m. EPT (PJM RT) / week of May 18-22 (HH)
Curated by Matt Leonard. Numbers from real endpoints only.
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