Today is March 28th, and here’s your morning news rundown. Before I jump in—I want to say thank you. My work isn’t backed by billionaires or ad companies; it’s funded by you. Please consider becoming a paid subscriber today.
With that, here is all the news you missed:
Wisconsin Attorney General Josh Kaul will be initiating legal proceedings to prevent Elon Musk from distributing $1 million checks to voters ahead of the state's Supreme Court election. Kaul contends that Musk's proposed payments violate Wisconsin's election bribery statutes, which prohibit offering anything of value to induce voting.
Wisconsin Democratic Party Chair Ben Wikler has accused Elon Musk of committing a felony by offering $1 million to voters ahead of the state's Supreme Court election. Wikler asserts that Musk's actions violate state laws prohibiting inducements to vote.
A U.S. judge has denied Elon Musk's motion to dismiss a lawsuit alleging he defrauded former Twitter shareholders by delaying the disclosure of his substantial investment in the company, now known as X.
Trump is considering raising taxes on the wealthy to offset tax cuts for tipped workers, per Axios.
Trump says pharma tariffs are coming soon — a move that’s expected to drive up drug prices in the U.S.
The S&P 500 fell 2%, and the Nasdaq Composite declined 2.7%, amid investor concerns over Donald Trump's tariff announcements.
The U.S. State Department has announced plans to dissolve the U.S. Agency for International Development (USAID) as an independent entity, integrating its remaining functions into the State Department.
U.S. District Judge Amy Berman Jackson has issued a preliminary injunction preventing the Trump administration from dismantling the Consumer Financial Protection Bureau (CFPB). This ruling maintains the agency's operations while a lawsuit challenging its closure proceeds.
Donald Trump warned today: “My big preference is that we work it out with Iran, but if we don’t work it out, bad bad things are gonna happen to Iran.”
A federal appeals court has lifted an order blocking Elon Musk and the Department of Government Efficiency (DOGE) from making further cuts to the U.S. Agency for International Development (USAID).
Donald Trump plans to host El Salvador's President Nayib Bukele at the White House in April. This visit follows Bukele's agreement to detain hundreds of alleged Venezuelan gang members deported from the U.S.
See you in the morning.
— Aaron
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