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June 3, 2026

MJL Morning Briefing — Wed, Jun 3

MJL Morning Briefing
From Matt Leonard · Wednesday, June 3, 2026
TOP STORY
⚡Democrats escalate AI and data-center backlash
Sen. Bernie Sanders said June 1 he will introduce a bill giving taxpayers a 50% stake in major AI firms and push a federal data-center moratorium, as Democrats increasingly tie data-center power demand to rising electric bills.
Punchbowl News AM
National Politics
Establishment Democrats sweep primaries; Trump loses first 2026 endorsement
In June 2 primaries, establishment Democrats won from New Jersey to California while Trump-endorsed Rep. Randy Feenstra narrowly lost Iowa's GOP gubernatorial primary to Zach Lahn -- Trump's first endorsement defeat of the cycle.
Politico Playbook
Senate Democrats threaten FISA deal over Trump's DNI pick
Senate Intelligence Vice Chair Mark Warner asked Majority Leader Thune on June 2 to reverse Trump's installation of Bill Pulte as acting DNI, threatening to sink the bipartisan FISA Section 702 renewal before its June 12 deadline.
Punchbowl News
PA & NJ Politics
⚡PA senators move to rein in data centers
Sen. Katie Muth (D-Montgomery) introduced a bill June 1 barring data centers from being classified as public utilities, paired with her three-year moratorium on 20-MW-plus hyperscale data centers co-sponsored by Republican Sens. Rosemary Brown and Elder Vogel (co-op: Central Electric).
WITF / PoliticsPA
PA budget endgame turns on Rainy Day Fund, Big Tech tax
Ahead of the June 30 deadline, Pennsylvania's budget fight centers on tapping the Rainy Day Fund to balance Gov. Shapiro's roughly $53 billion plan, as a proposed Big Tech tax pitched to help close the structural deficit gets a Capitol hearing this week.
PoliticsPA Playbook
NJ joins seven-state suit over offshore wind cancellation
New Jersey joined six other Northeast states June 2 in suing the Trump administration and TotalEnergies over a $928 million deal to cancel offshore wind leases off New York, arguing it skipped a legally required hearing.
Axios
Energy Industry
New England states press FERC on unscrutinized transmission spending
The New England States Committee on Electricity told FERC on June 2 the region 'severely lacks' oversight of asset-condition transmission projects, citing Eversource's X-178 -- a governance fight with read-across to PJM transmission-cost scrutiny.
Utility Dive
DOE ends rebates for gas-to-electric appliance swaps
The Department of Energy issued guidance June 2 ending federal rebates for converting gas appliances to electric, limiting support to upgrades from existing electric equipment to more efficient electric models.
Utility Dive
PA summer default-service prices reset as PJM stays soft
The PA PUC flagged that summer 'price-to-compare' default electric-service rates reset June 1, even as PJM wholesale prices stayed soft -- the RTO real-time LMP averaged $13.95/MWh (Western Hub $14.32) with load near 83.8 GW Wednesday morning.
PA PUC / PJM
Pittsburgh Sports
Pirates pound Astros 10-6 behind three homers
Oneil Cruz (419-foot, 3-run) and Brandon Lowe each hit three-run homers and Endy Rodriguez added a two-run shot (3 RBIs) as the Pirates beat Houston 10-6 Tuesday; Bubba Chandler earned the win over five innings.
ESPN
Steelers open mandatory minicamp, sign S Darnell Savage
The Steelers opened mandatory minicamp June 2 and signed veteran safety Darnell Savage to a one-year deal, with Joey Porter Jr. and Nick Herbig in attendance but not fully participating.
Steelers.com
Market Snapshot
PJM West Hub (RT)$14.32/MWh -9.3%
PJM AEP-Dayton (RT)$14.61/MWh -6.2%
PJM Capacity 27/28$333.44/MW-day
Henry Hub$2.89/MMBtu -6.8%
WTI Crude$95.73/bbl +2.1%
As of Jun 3, 8:08 a.m. EPT (PJM RT)
Curated by Matt Leonard. Numbers from real endpoints only.
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