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June 17, 2026

MJL Morning Briefing — Wed, Jun 17

MJL Morning Briefing
From Matt Leonard · Wednesday, June 17, 2026
TOP STORY
Trump to defend leaked Iran deal at G7 as markets eye Hormuz reopening
Trump closes the G7 summit Wednesday defending a leaked 14-point Iran deal that would lift the port blockade and sanctions immediately and reopen the Strait of Hormuz within 30 days, with nuclear-stockpile limits deferred to a 60-day final agreement.
Politico Playbook
National Politics
Trump scraps Clayton DNI nomination, ties FISA renewal to SAVE Act
In an overnight post, Trump delayed Jay Clayton's DNI nomination until his SDNY U.S. Attorney pick is confirmed and refused to back FISA Section 702 reauthorization unless the SAVE America Act is attached, leaving ally Bill Pulte as acting DNI.
Punchbowl News
Collins wins GOP Senate runoff to face Ossoff; Trump's governor pick loses
Rep. Mike Collins won Tuesday's Georgia GOP runoff to challenge Democratic Sen. Jon Ossoff in November, while Trump-backed Burt Jones lost the governor's primary to businessman Rick Jackson, a rare dent in Trump's endorsement record.
Politico Playbook
Warsh holds first Fed meeting with rates expected to stay put
New Fed Chair Kevin Warsh wraps his first FOMC meeting Wednesday with markets widely expecting rates held at 3.5-3.75% as inflation runs above target; his afternoon press conference is his first public test against Trump's demands for cuts.
Punchbowl News
PA & NJ Politics
Energy emerges as a defining issue in Pennsylvania's governor race
Pennsylvania's 2026 governor race is centering on energy affordability, with GOP nominee Stacy Garrity pitching a natural-gas-first agenda of faster pipeline and power-plant permits and rolled-back mandates against Gov. Josh Shapiro's blend of reliability, expedited approvals and clean-energy investment.
The Center Square via PoliticsPA
PA Supreme Court rules skill games illegal, complicating budget talks
The Pennsylvania Supreme Court ruled 4-2 that the state's roughly 70,000 skill games are illegal slot machines, staying enforcement 120 days for lawmakers to act and injecting a new variable into budget negotiations between House Democrats and Senate Republicans.
Philadelphia Inquirer via PoliticsPA
What Moved Yesterday — Your Watchlist
HB 2224 — An Act amending Title 66 (Public Utilities) of the Pennsylvania Consolidated Statutes, in rates and distribution systems, providing for return on equity.
Re-reported as committed, June 16, 2026
PA General Assembly
HB 2264 — An Act amending Title 66 (Public Utilities) of the Pennsylvania Consolidated Statutes, in restructuring of electric utility industry, providing for virtual power plant program.
(Remarks see House Journal Page ), June 16, 2026
PA General Assembly
SB 1345 — An Act amending the act of July 31, 1968 (P.L.805, No.247), known as the Pennsylvania Municipalities Planning Code, in zoning, providing for optional moratorium on filing or consideration of new applications for high…
Referred to LOCAL GOVERNMENT, June 4, 2026
PA General Assembly
What Moved Yesterday — Keyword Matches
HB 2380 — An Act amending Title 66 (Public Utilities) of the Pennsylvania Consolidated Statutes, in restructuring of electric utility industry, providing for energy storage procurement.
Referred to ENERGY, May 21, 2026 (keywords: public utilities, electric utility)
PA General Assembly
HB 2650 — An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in tax credit and tax benefit administration, further providing for definitions; in computer data center equipment incentive…
Referred to FINANCE, June 16, 2026 (keyword: data center)
PA General Assembly
Energy Industry
⚡PA House passes virtual power plant bill 107-95
Pennsylvania's House passed HB 2264, 107-95, to create a framework for virtual power plants that pool household resources such as smart thermostats, solar batteries and EVs to manage grid demand and cut reliance on peaker plants; the PUC would begin taking formal VPP proposals by July 1, 2027.
PA Environment Daily
⚡Dueling nuclear-plant fee bills head to the PA Senate
Two competing nuclear-plant fee bills are now before the Pennsylvania Senate, HB 2017 to cut reactor fees and HB 2450 to raise them, a direct cost question for plants like Susquehanna, in which Allegheny Electric Cooperative holds a 10% stake.
PA Environment Daily
Data-center PUC oversight bill advances to PA Senate
Pennsylvania's House has sent HB 1834 to the Senate to bring large data centers under PUC regulation as their fast-growing electricity demand strains the grid, one of several energy measures awaiting Senate action alongside community solar (HB 504) and geothermal (HB 2076).
PA Environment Daily
Pittsburgh Sports
Pirates rally past Athletics 6-5 on Lowe's ninth-inning homer
Brandon Lowe's tiebreaking ninth-inning home run lifted the Pirates over the Athletics 6-5 on Tuesday; Bryan Reynolds homered from both sides of the plate with four hits, three RBIs and three runs as Pittsburgh erased an early four-run deficit, and Gregory Soto earned his 11th save.
ESPN
Steelers re-sign LB Jacoby Windmon for third stint
The Steelers re-signed linebacker Jacoby Windmon after a veteran tryout at rookie minicamp, adding edge and off-ball versatility to a thin linebacker group; the undrafted Michigan State product has bounced between Pittsburgh, Carolina and the UFL's Columbus Aviators.
A to Z Sports
Market Snapshot
PJM West Hub (RT)$17.00/MWh -2.4%
PJM AEP-Dayton (RT)$16.34/MWh -2.4%
PJM Capacity 27/28$333.44/MW-day
Henry Hub$3.10/MMBtu +1.6%
WTI Crude$76.85/bbl +1.1%
As of Jun 17, 8:08 a.m. EPT (PJM RT)
Curated by Matt Leonard. Numbers from real endpoints only.
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