MJL Morning Briefing | | From Matt Leonard · Thursday, June 18, 2026 | TOP STORY Trump signs U.S.-Iran ceasefire MOU at Versailles Trump signed the two-page memorandum to end the war, reopening the Strait of Hormuz, setting up a $300 billion Iran reconstruction fund the U.S. won't directly finance, and lifting Iranian oil-export sanctions, sending crude lower and U.S. gas below $4 a gallon. NYT The Morning | National Politics Trump pulls Clayton's DNI nomination, clearing way for Pulte Trump abruptly halted Jay Clayton's fast-tracked confirmation and ordered him to skip Wednesday's hearing, letting Bill Pulte — who has no national-security experience — become acting director of national intelligence Friday, blindsiding Senate Republicans and deepening Trump's rift with Majority Leader John Thune. Punchbowl News Trump administration to pay $765M to cancel four offshore wind projects The administration said it would pay $765 million to cancel four more offshore wind projects, extending its rollback of the U.S. offshore-wind buildout. NYT The Morning Fed holds rates steady at Warsh's first meeting The Federal Reserve left interest rates unchanged after Kevin Warsh's first meeting as chairman, resisting Trump's pressure to cut, as Warsh announced five task forces aimed at reshaping the central bank. Punchbowl News | PA & NJ Politics F&M poll: Shapiro leads Garrity 50-28 as PA mood sours A new Franklin & Marshall poll of 546 registered voters shows Gov. Josh Shapiro leading Treasurer Stacy Garrity 50%-28% in the governor's race, with Pennsylvanians growing markedly more pessimistic about President Trump, the economy and the federal government's direction since March. PoliticsPA The Pennsylvania House passed House Bill 95, the Artificial Intelligence Transparency in Advertising Act, which would require clear and conspicuous disclosure whenever an advertisement is created or modified by generative AI. ABC27 | What Moved Yesterday — Your Watchlist (Remarks see House Journal Page ), June 17, 2026 PA General Assembly Re-committed to RULES, June 17, 2026 PA General Assembly Re-committed to RULES, June 17, 2026 [MONITOR] PA General Assembly | What Moved Yesterday — Keyword Matches Referred to ENERGY, Oct. 28, 2025 (keywords: solar, public utilities, electric utility) PA General Assembly Re-committed to RULES, June 17, 2026 (keyword: data center) PA General Assembly Re-committed to RULES, June 17, 2026 (keywords: public utilities, electric utility) PA General Assembly Re-committed to RULES, June 17, 2026 (keyword: data center) PA General Assembly | Energy Industry ⚡PA House committee advances grid-storage, interconnection and data-center bills Amid surging data-center load, a PA House committee advanced HB 2380 (up to 3.5 GW of grid-scale battery storage for reliability), HB 2595 (deadlines to speed clean-energy interconnection) and HB 2359 (transparency and sustainability conditions on the state data-center sales-tax credit). PA Environment Digest PJM issues fourth Hot Weather Alert of the season for today PJM issued a Hot Weather Alert for June 18 across the Mid-Atlantic — Met-Ed, Penelec, PECO and PPL among the affected zones — forecasting a peak near 129.6 GW; its real-time RTO price was $45.29/MWh at 8 a.m. with load at 98.3 GW. PA Environment Digest / PJM Senate President Pro Tempore Kim Ward launched a video arguing Pennsylvania — PJM's largest power exporter — overpays under the roughly $325/MW-day capacity-auction price cap Gov. Shapiro secured at FERC, subsidizing Maryland and Virginia; Shapiro's office called the claims false, citing about $800 in projected four-year household savings. The Center Square | Pittsburgh Sports Ryan O'Hearn homered twice and drove in six runs and Marcell Ozuna added a solo shot as the Pirates routed the Athletics 12-4 in Sacramento; starter Ashcraft struck out seven over six innings for the win. Pittsburgh next plays Friday at Colorado. ESPN The Penguins signed goaltender Taylor Gauthier to a one-year extension for 2026-27 and inked forward Oliver Okuliar to a one-year, two-way deal after acquiring him from Florida for defense prospect Emil Pieniniemi. The Hockey News Steelers re-sign LB Jacoby Windmon as camp nears The Steelers signed linebacker Jacoby Windmon to a new contract, continuing to tweak their 90-man roster with training camp about six weeks away after a busy offseason. Yardbarker | Market Snapshot | PJM West Hub (RT) | $37.48/MWh +120.5% | | PJM AEP-Dayton (RT) | $35.16/MWh +115.2% | | PJM Capacity 27/28 | $333.44/MW-day | | Henry Hub | $3.06/MMBtu | | WTI Crude | $75.44/bbl -1.8% |
As of Jun 18, 8:08 a.m. EPT (PJM RT) | Curated by Matt Leonard. Numbers from real endpoints only. |
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